Topic: Hard earned money - Busted in seconds - page 6. (Read 3638 times)

Quote from: Poker Player on May 24, 2022, 02:30:17 AM

Its just dumb and mind boggling on why someone would be using up their hard earned funds into something which could really vanish out on an instant? If they had just mind off on how hard to earn
money then they wont really be touching gambling in the first place or simply made out some bets but on a very minimal amount that they could use but since human beings are naturally greedy
then there are indeed times which we cant really able to resist such thing.

You are describing what is compulsive behavior. Problem gamblers don't just lose money and think it's okay what they are doing, they know it's wrong, they know they have to stop gambling, they know they shouldn't take a loan to keep gambling, etc. but the addiction gets the better of them and leads them to keep gambling while they are in a kind of trance even though they know the consequences.

Exactly and their main motivation by doing such deeds is the thinking that with this amount of money,that I borrowed or that I had to pass the month I will recover the money I lost and maybe I will even win more money back.That leads inevitably to destruction and it takes serious effort to stop such compulsive behavior.The OP here acknowledged his fault,he knew he was wrong and is not going to repeat it which is different from a compulsory behavior.

That's a wrong mentality already, it only showed that they are gambling on what they cannot afford anymore, and the fact that they are thinking of recovering their losses, will only make them lose more as they will not give up until they will fully recover their losses. Sometimes, losing discipline in gambling will result to bigger problem, as instead of using an strategy that will work, we are only following our emotion.

Dont follow your emotions no matter what specially on gambling because it would really make things even more worst because once emotions is in control then having that proper mind control or discipline would surely
lost track on where you would definitely be chasing up your losses and having those impressions and thinking that you could possibly able to recover on what you had lost which is really a very wrong mindset.
Play on the amount that you could only afford to lose because if you do go beyond that point then you would really be creating these kind of actions which is something that creates even
more or greater problem.

Boristhecat

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You are describing what is compulsive behavior. Problem gamblers don't just lose money and think it's okay what they are doing, they know it's wrong, they know they have to stop gambling, they know they shouldn't take a loan to keep gambling, etc. but the addiction gets the better of them and leads them to keep gambling while they are in a kind of trance even though they know the consequences.

In fact, it is difficult to determine the degree to which a gambler understands his problems. Maybe at the psychologist's appointment he says that he understood everything already in the process of the game but could not stop, but in fact when he played he believed in winning. I think if you study the gambler before the game, during the game and after the game, we will get different results.

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Quote from: imamusma on May 23, 2022, 05:24:50 PM

Quote from: ?? on ??

Chasing losses can lead to suicide like in crash scene of Luna in rare cases, traders or gamblers should think twice before chasing losses in previous loss session. It may pay you once and gambler can win back losses but one mistake or bad loss streak can destroy bankroll management terribly. Having a self awareness and proper control of your bets can save gambler, this is what we are suggesting to do.

But not everyone can control their emotions or passions when they want to chase losses. This factor is quite difficult to control in the minds of gamblers. At this stage, someone who has suffered a fatal loss must have someone to accompany and provide advice on further actions. If no one is there, of course he will make a ridiculous decision to pursue a loss.

Yup, best to have someone who can talk to the person and guide him to avoid going deeper and lose more money.

Gambling addiction not just ruined you financially but more on mentally, if you already have that kind of mindset to keep chasing

your losses, it will be better to ask for help and be vocal expressing your concern will easy the recovering period from the help of your

love ones. If you already lose a huge amount of money, try not to come back and gamble, face it and learn from the mistake you've done.

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Quote from: swogerino on May 24, 2022, 08:29:22 AM

Quote from: Poker Player on May 24, 2022, 02:30:17 AM

Quote from: Poker Player on May 24, 2022, 02:30:17 AM

Its just dumb and mind boggling on why someone would be using up their hard earned funds into something which could really vanish out on an instant? If they had just mind off on how hard to earn
money then they wont really be touching gambling in the first place or simply made out some bets but on a very minimal amount that they could use but since human beings are naturally greedy
then there are indeed times which we cant really able to resist such thing.

You are describing what is compulsive behavior. Problem gamblers don't just lose money and think it's okay what they are doing, they know it's wrong, they know they have to stop gambling, they know they shouldn't take a loan to keep gambling, etc. but the addiction gets the better of them and leads them to keep gambling while they are in a kind of trance even though they know the consequences.

Exactly and their main motivation by doing such deeds is the thinking that with this amount of money,that I borrowed or that I had to pass the month I will recover the money I lost and maybe I will even win more money back.That leads inevitably to destruction and it takes serious effort to stop such compulsive behavior.The OP here acknowledged his fault,he knew he was wrong and is not going to repeat it which is different from a compulsory behavior.

That's a wrong mentality already, it only showed that they are gambling on what they cannot afford anymore, and the fact that they are thinking of recovering their losses, will only make them lose more as they will not give up until they will fully recover their losses. Sometimes, losing discipline in gambling will result to bigger problem, as instead of using an strategy that will work, we are only following our emotion.

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Quote from: Poker Player on May 24, 2022, 02:30:17 AM

Its just dumb and mind boggling on why someone would be using up their hard earned funds into something which could really vanish out on an instant? If they had just mind off on how hard to earn
money then they wont really be touching gambling in the first place or simply made out some bets but on a very minimal amount that they could use but since human beings are naturally greedy
then there are indeed times which we cant really able to resist such thing.

You are describing what is compulsive behavior. Problem gamblers don't just lose money and think it's okay what they are doing, they know it's wrong, they know they have to stop gambling, they know they shouldn't take a loan to keep gambling, etc. but the addiction gets the better of them and leads them to keep gambling while they are in a kind of trance even though they know the consequences.

Exactly and their main motivation by doing such deeds is the thinking that with this amount of money,that I borrowed or that I had to pass the month I will recover the money I lost and maybe I will even win more money back.That leads inevitably to destruction and it takes serious effort to stop such compulsive behavior.The OP here acknowledged his fault,he knew he was wrong and is not going to repeat it which is different from a compulsory behavior.

Smartprofit

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Its just dumb and mind boggling on why someone would be using up their hard earned funds into something which could really vanish out on an instant? If they had just mind off on how hard to earn
money then they wont really be touching gambling in the first place or simply made out some bets but on a very minimal amount that they could use but since human beings are naturally greedy
then there are indeed times which we cant really able to resist such thing.

You are describing what is compulsive behavior. Problem gamblers don't just lose money and think it's okay what they are doing, they know it's wrong, they know they have to stop gambling, they know they shouldn't take a loan to keep gambling, etc. but the addiction gets the better of them and leads them to keep gambling while they are in a kind of trance even though they know the consequences.

Yes that's right.

A gambler who is addicted to gambling is aware of the illogicality of his actions, but cannot stop.

Will is the energy of a person aimed at achieving important goals for him. A player suffering from gambling addiction is deprived of the opportunity to perform adequate actions (loses his will). This state can be compared to a nightmare (in a dream).

It is in such painful states that large sums of money are usually lost. Thus, painful gambling is a huge problem. It is as dangerous as drug addiction and alcoholism.

Very often in such situations, a person needs the help of an experienced professional (specialist in the field of medicine).

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Quote from: blockman on May 23, 2022, 05:39:06 PM

Its just dumb and mind boggling on why someone would be using up their hard earned funds into something which could really vanish out on an instant? If they had just mind off on how hard to earn
money then they wont really be touching gambling in the first place or simply made out some bets but on a very minimal amount that they could use but since human beings are naturally greedy
then there are indeed times which we cant really able to resist such thing.

You are describing what is compulsive behavior. Problem gamblers don't just lose money and think it's okay what they are doing, they know it's wrong, they know they have to stop gambling, they know they shouldn't take a loan to keep gambling, etc. but the addiction gets the better of them and leads them to keep gambling while they are in a kind of trance even though they know the consequences.

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Quote from: mamesso on May 23, 2022, 01:18:35 AM

Quote from: mamesso on May 23, 2022, 01:18:35 AM

One thing with uncontrolled gambling quest is that it won't stop giving hopes of recovering losses until the last dime is lost. This is not just about gambling an amount you can afford to lose but more on self control to know when to stop. The debt has to paid which ever way.

That will be the matter at most times for all of us gamblers, we think of recovery every time we're losing and that's going to give us a result that is hard to accept.
Self control is going with the action that we have in every situation that we face and sometimes those suggestions are hard to follow because we're reacting normally as we face those situations that we don't like.

When in a situation that is not liked, gamblers must be able to control themselves, cases that often occur gamblers will lose more if they continue to be forced to play. For some gamblers it is difficult to leave the gambling place when they are losing, because emotions are difficult to control. Gamblers who play casually are calmer than gamblers who cannot control their emotions, they will stop when they are losing, and set a target or stop loss when they are in winning situation.

It is they that are forcing themselves to play even though they know that there's no direction that will be met as of the moment because they're on the verge of losing more and losing their control.
So two things that are hard to control when they're looking at themselves continue to gamble even if they understand the results could get worse if they don't stop as soon as possible. And that's where the hard-earned money you have will be easily gone because of your poor decision.

Its just dumb and mind boggling on why someone would be using up their hard earned funds into something which could really vanish out on an instant? If they had just mind off on how hard to earn
money then they wont really be touching gambling in the first place or simply made out some bets but on a very minimal amount that they could use but since human beings are naturally greedy
then there are indeed times which we cant really able to resist such thing.

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Quote from: wxa7115 on May 17, 2022, 04:13:44 PM

One thing with uncontrolled gambling quest is that it won't stop giving hopes of recovering losses until the last dime is lost. This is not just about gambling an amount you can afford to lose but more on self control to know when to stop. The debt has to paid which ever way.

That will be the matter at most times for all of us gamblers, we think of recovery every time we're losing and that's going to give us a result that is hard to accept.
Self control is going with the action that we have in every situation that we face and sometimes those suggestions are hard to follow because we're reacting normally as we face those situations that we don't like.

When in a situation that is not liked, gamblers must be able to control themselves, cases that often occur gamblers will lose more if they continue to be forced to play. For some gamblers it is difficult to leave the gambling place when they are losing, because emotions are difficult to control. Gamblers who play casually are calmer than gamblers who cannot control their emotions, they will stop when they are losing, and set a target or stop loss when they are in winning situation.

It is they that are forcing themselves to play even though they know that there's no direction that will be met as of the moment because they're on the verge of losing more and losing their control.
So two things that are hard to control when they're looking at themselves continue to gamble even if they understand the results could get worse if they don't stop as soon as possible. And that's where the hard-earned money you have will be easily gone because of your poor decision.

imamusma

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Quote from: ?? on ??

Chasing losses can lead to suicide like in crash scene of Luna in rare cases, traders or gamblers should think twice before chasing losses in previous loss session. It may pay you once and gambler can win back losses but one mistake or bad loss streak can destroy bankroll management terribly. Having a self awareness and proper control of your bets can save gambler, this is what we are suggesting to do.

But not everyone can control their emotions or passions when they want to chase losses. This factor is quite difficult to control in the minds of gamblers. At this stage, someone who has suffered a fatal loss must have someone to accompany and provide advice on further actions. If no one is there, of course he will make a ridiculous decision to pursue a loss.

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Quote from: jhonjhon on May 17, 2022, 06:23:46 AM

Many of us lose money, and the emotion after a large loss is really sad; all you have to do is accept how difficult it is. The more money you lose, the more you want it back, and people may get way too greedy, so I recommend taking a break and simply observe the game.

This is called chasing your losses and it happens almost everywhere where money is involved, it is not rare for a trader to work for months to get profits and then when they make a bad trade and lose a great deal of those profits they cannot accept it and then use a lot of money during the next trade to try to recover the money they lost.

However most likely they will lose that trade as well as they were not thinking clearly during those moments, so instead of experimenting a small loss and move on now they have to deal with massive losses which will be almost impossible to recover.

Chasing losses can lead to suicide like in crash scene of Luna in rare cases, traders or gamblers should think twice before chasing losses in previous loss session. It may pay you once and gambler can win back losses but one mistake or bad loss streak can destroy bankroll management terribly. Having a self awareness and proper control of your bets can save gambler, this is what we are suggesting to do.

I believe, everyone has experienced this situation at one point in their gambling life.
So once you learned your own lesson, better be cautious the next time.
Because no one will help you but yourself in this situation.
It is you that subjected yourself in this situation, so it is you also who need to find a way how to get out of the situation.
It is easy to say but hard to implement but that's the reality. If you won't change your habits, you will be in deep trouble with your debts.

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Quote from: romero121 on April 29, 2022, 09:59:56 PM

It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me Sad

This is an unworthy and unjustifiable risk. One thing with uncontrolled gambling quest is that it won't stop giving hopes of recovering losses until the last dime is lost. This is not just about gambling an amount you can afford to lose but more on self control to know when to stop. The debt has to paid which ever way.

This just proves that whether you're a newbie or a legendary in the crypto forum, gambling addiction has still its own way to fall for it and there's nothing we can do but to accept the losses and move on. But more on addiction, gamblers too should also be responsible enough not to gamble those money intended to pay the bills or existing loans. If they can't even control themselves when they are already in gambling, then they must know how to avoid it or minimize it as it will only create worst scenarios after they have lose their last penny.

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Quote from: wxa7115 on May 23, 2022, 04:17:24 PM

Quote from: delfastTions on May 19, 2022, 04:23:18 AM

So I'm wondering, perhaps pharmacists have already come up with such pills that quickly neutralize adrenaline in the human body, for example, in 2-3 minutes? Of course, I don't know if there are. But if the player has fallen into such a state and it is no longer clear whether he himself will be able to make a decision to take the pill as soon as possible and stop. Is he able to stop losing his money. Is he able to cool the excitement in this way. True, in this state, most likely he needs to shove the pill into his mouth by force, and he will resist. Perhaps this is not a humane method, but there is no other way.
And how to do it if he plays alone?

Such a thing will require enough self-awareness to recognize that you have a problem, then realize that you are about to do something wrong and then take such a pill, that we do not even know if it exists, and then you will need to stop yourself from doing anything until it takes effect.

It is simply a method that is too complex to actually work under realistic conditions, and even if someone could do all of this then most likely they have what it is needed to overcome that desire to gamble on their own without the need of any additional pill, making such a thing useless in the process.

Once you dont have that self awareness in regarding towards your own actions and wont find out on whats happening then you do have that addiction problem.If you arent that addicted towards it then you would simply

notice that you are losing that much money and we know on how important it is considering that we are working for living and we cant just afford on losing it all on a gambling game.
It all matters with self control and emotion handling because if you do fail on these things then you would surely be committing mistakes.

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Quote from: delfastTions on May 19, 2022, 04:23:18 AM

So I'm wondering, perhaps pharmacists have already come up with such pills that quickly neutralize adrenaline in the human body, for example, in 2-3 minutes? Of course, I don't know if there are. But if the player has fallen into such a state and it is no longer clear whether he himself will be able to make a decision to take the pill as soon as possible and stop. Is he able to stop losing his money. Is he able to cool the excitement in this way. True, in this state, most likely he needs to shove the pill into his mouth by force, and he will resist. Perhaps this is not a humane method, but there is no other way.
And how to do it if he plays alone?

Such a thing will require enough self-awareness to recognize that you have a problem, then realize that you are about to do something wrong and then take such a pill, that we do not even know if it exists, and then you will need to stop yourself from doing anything until it takes effect.

It is simply a method that is too complex to actually work under realistic conditions, and even if someone could do all of this then most likely they have what it is needed to overcome that desire to gamble on their own without the need of any additional pill, making such a thing useless in the process.

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Quote from: BlackBaron on May 19, 2022, 06:37:36 AM

Quote from: doomloop on May 19, 2022, 06:00:12 AM

Only those who feel sad are not playing gambling the way it meant to be. They treat gambling as a source of income and expect to get money out of it on a regular basis, that's why they feel really bad if they fail to do so. At the end of the day, they won't have a choice but to accept it because it already happened and they can't do much anything about it. Trying harder to go back will only make the situation more worse.

For those who risk gambling games for profit will regret it if they fail, they are very greedy to hunt for winnings from every game from any gambling, so I agree that to recover losses will worsen financial management. Gambling is only to be played with limited money owned for fun not for main job.

those who only seek victory in gambling (never enjoy it as fun) will only end up with regret because of the loss. there was once a lottery winner who when asked what was your reason for placing the lottery, he didn't answer chasing winning the lottery, he replied "I'm happy when installing the lottery, even though I lost, I don't regret"

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Quote from: fullhdpixel on May 23, 2022, 04:08:35 AM

Of course, it is not going to be a problem for everyone, of course it could be something that we all do and it would be a problem for all of us and we could all make mistakes. So ignore OP and focus on how to help everyone at the same time, we are all making mistakes all the time, it's normal, the size is smaller of course, so this is a warning for everyone.

Excess of everything is bad - I read it somewhere.
Be it money, wealth, habit, addiction. One should always keep his emotions in control - people lose control for having a moment of fun and they repent for the rest of their life. This is what happened here.

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Quote from: panjul07 on May 20, 2022, 11:44:12 AM

Quote from: mm2543363580 on May 20, 2022, 11:13:20 AM

IS OP reading the replies - there are so many mesg who are advising him but seems like he is not active?
Had he been married - his wife would not have apologized him by now.

He may read the replies but not all I'm sure, he is active but rarely replying to the discussion he started.
I have no idea about his marriage status, but even if he is still single, losing hard earned money in gambling is absolutely bad.
Are you wondering about his debt because the lost money was planned to pay his debt, hope he got other money to pay his debt and he realizes his own mistake so he wont repeat the same mistake in the future.

I do not think that this should be something that would bother just the OP but it is a common thing at the long term. This could be something that we all care about at the same time. I believe that we could be focusing on finding a correct way to approach this and this will help a ton of people all at the same time.

Of course, it is not going to be a problem for everyone, of course it could be something that we all do and it would be a problem for all of us and we could all make mistakes. So ignore OP and focus on how to help everyone at the same time, we are all making mistakes all the time, it's normal, the size is smaller of course, so this is a warning for everyone.

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Quote from: mamesso on May 23, 2022, 01:18:35 AM

One thing with uncontrolled gambling quest is that it won't stop giving hopes of recovering losses until the last dime is lost. This is not just about gambling an amount you can afford to lose but more on self control to know when to stop. The debt has to paid which ever way.

That will be the matter at most times for all of us gamblers, we think of recovery every time we're losing and that's going to give us a result that is hard to accept.
Self control is going with the action that we have in every situation that we face and sometimes those suggestions are hard to follow because we're reacting normally as we face those situations that we don't like.

When in a situation that is not liked, gamblers must be able to control themselves, cases that often occur gamblers will lose more if they continue to be forced to play. For some gamblers it is difficult to leave the gambling place when they are losing, because emotions are difficult to control. Gamblers who play casually are calmer than gamblers who cannot control their emotions, they will stop when they are losing, and set a target or stop loss when they are in winning situation.

Controlling emotions is hard but that's what a gambler has to do if he doesn't want to lose more. A gambler should learn to forget his loss at gambling and never think about recovering his lost money because it will not be easy. Self-control is something that the gambler should pay attention to and if he can win some money, don't try to play one more round because that could cost him the winning money because his emotions can increase due to greed for more.

mamesso

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One thing with uncontrolled gambling quest is that it won't stop giving hopes of recovering losses until the last dime is lost. This is not just about gambling an amount you can afford to lose but more on self control to know when to stop. The debt has to paid which ever way.

That will be the matter at most times for all of us gamblers, we think of recovery every time we're losing and that's going to give us a result that is hard to accept.
Self control is going with the action that we have in every situation that we face and sometimes those suggestions are hard to follow because we're reacting normally as we face those situations that we don't like.

When in a situation that is not liked, gamblers must be able to control themselves, cases that often occur gamblers will lose more if they continue to be forced to play. For some gamblers it is difficult to leave the gambling place when they are losing, because emotions are difficult to control. Gamblers who play casually are calmer than gamblers who cannot control their emotions, they will stop when they are losing, and set a target or stop loss when they are in winning situation.

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