Gambling losing streak,
I’m into gambling for about months now, and in my first game I was able to generate profit enough to be happy, I continued for the rest of my 4 weeks of playing, sometimes its breakeven but I know its ok.
My friend invited me to play with him in casino this time, I have enough money to play for so I decided to say yes. Bad luck comes to me this time, at first my loss was about $500, so I know it is still fine and decided to continue, but the moment we stopped I think its too late now since I’ve already loss $3000, a very bad day for me. I’ve lost the money I’ve worked hard for.
This is an eye opener situation for me, and I’ve realized that gambling was slowly eating my brain and my money. Now I’m broke but still kickin, this can be the proof that chasing your losses is not good at all and it should be avoided. Have the same experience with me? Don’t hesitate to share and give some thoughts for those who are suffering from sitution like this.
What is important is you should know your limitations when you gamble, especially when you are on a winning/losing streak. Accumulating and losing profit will slowly hamper your decision making and may cause unfavorable results like what happened to you.
Knowing when to stop is the key factor in gambling. I know that it may be difficult especially when you are on the situation but only regret would follow afterwards.
Many people think that gambling is a way to make quick money, but that's not the case. When i started gambling, i was quite happy, as i won a few round and make some quick money, but as the time passed I just lost all my funds.
Gambling can indeed, give you a quick profit IF the odds are in your favour. If you try your luck and after a few games you realized that you are on a losing streak, trying to recover those losses will only make your situation worse. Set a limitation on your winnings/losings and make it a point to have discipline over yourself and temptations.