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Topic: How do you handle long shot bets? (Read 504 times)

hero member
Activity: 1120
Merit: 554
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June 19, 2023, 11:43:20 AM
#83

If someone comes with the intention of winning gambling, then they will chase defeat and that makes them more stressed. Instead of winning they will get instead they will get defeat, because they will always want to return their losses.

Intention of winning is normal on gamblers or else you should stop playing right because you will just waste money on gambling while there’s a lot of source of entertainment out there that doesn’t involves risking of money. Chasing profit is probably what you are referring and not the intention to win because they are different.

For me, I usually play when my mind is very clear so that I will not be greedy on increasing bets to win quickly. I stop gambling immediately when I already feel that I’m already uncomfortable on betting same amount while my game has a very slow progress.
hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
June 19, 2023, 11:32:41 AM
#82
Mindset is important if you have a mindset that you don't want to stress yourself and just want to have fun then yes you can do it, I've done it many times, and still doing it you have to accept that you are in a  gambling platform even if you're wishing that you want to win big money, the house edge can bust your wish, so it's better not to stress yourself and accept the results, having fun should not be stressful.
Accept the results, either losses or profits, correcting one's mistakes and looking for a renounce back to the system. Mindset is the primary aspect that distributes the functions and our abilities in gambling, and I never hold back on any attributes that would make my day stressful, constantly looking for more evaluations. Although winning big does not appear to be as easy as it sounds, an additional effort is required. Gambling has remained the final target for individuals who depend on it for everything, pointing in the direction of stress-free activities, with 100% consideration.
There will be several types of people who come to gambling, there will be people who really aim to have fun, there will be people who come with the intention of winning, that in the end being a gambler becomes stressed because of their own initial goal. Meanwhile, people who from the start are meant to have fun, they will receive whatever the outcome of their gambling is, and winning is a bonus that will make their pleasure even greater.

If someone comes with the intention of winning gambling, then they will chase defeat and that makes them more stressed. Instead of winning they will get instead they will get defeat, because they will always want to return their losses.
legendary
Activity: 3276
Merit: 2442
June 19, 2023, 08:58:13 AM
#81
I have this kind of problem ever since I started online gambling. I’m always bored playing same bet amount while my bankroll just keep coming back and fort to my initial bank roll.

The real problem starts when I’m on a long losing streak with same bet amount let's say 5 win streak. My mind set change from relax gambling to chasing loss. Even after I recover my loss, I bet already in abnormal pattern so that I can earn profit in a fast way. I always conclude my mistake after gambling. I keep repeating this cycle. My gambling time only ended up if I’m on profit big time or 100% loss my bankroll. I don’t know but it’s very hard for to quit gambling when my bankroll is at loss or on a little bit profit.

Anyone here is successful doing a long shot bet? A point were you can be satisfied without considering your bankroll status and just pure fun on gambling experience?

It is all in your mind. As W. Buffet would say: "If you can't control your emotions, you can't control your money." This is the point where gambling and trading become very similar. If you don't have the right psychology to manage money, you won't be successful in either both gambling and trading. You should know when to cut your losses. That's called having a "stop loss" in trading. In gambling, the idea is the same. You should know when to leave the table because if you don't, you will lose even more. Sometimes not playing the game is the only way to stop losing money.
sr. member
Activity: 1288
Merit: 305
yes
June 19, 2023, 08:44:13 AM
#80
Mindset is important if you have a mindset that you don't want to stress yourself and just want to have fun then yes you can do it, I've done it many times, and still doing it you have to accept that you are in a  gambling platform even if you're wishing that you want to win big money, the house edge can bust your wish, so it's better not to stress yourself and accept the results, having fun should not be stressful.
Accept the results, either losses or profits, correcting one's mistakes and looking for a renounce back to the system. Mindset is the primary aspect that distributes the functions and our abilities in gambling, and I never hold back on any attributes that would make my day stressful, constantly looking for more evaluations. Although winning big does not appear to be as easy as it sounds, an additional effort is required. Gambling has remained the final target for individuals who depend on it for everything, pointing in the direction of stress-free activities, with 100% consideration.
legendary
Activity: 2716
Merit: 1383
June 03, 2023, 04:18:56 PM
#79
The real problem starts when I’m on a long losing streak with same bet amount let's say 5 win streak. My mind set change from relax gambling to chasing loss. Even after I recover my loss, I bet already in abnormal pattern so that I can earn profit in a fast way. I always conclude my mistake after gambling. I keep repeating this cycle. My gambling time only ended up if I’m on profit big time or 100% loss my bankroll. I don’t know but it’s very hard for to quit gambling when my bankroll is at loss or on a little bit profit.
Chasing loses is th worst way to gamble. Its like a most not do in the gambling industry. Its the easiest way yo have all your bankroll exhausted in one run. You get the feeling that the lose I'm previous session is only preparing you for a win in the next round and so you double your stake to make the most out of it but, that's not always the case. Your hit with another lose and yet again, you come up with another philosophy to give you a course.

Best thing to do, just log off or go home after betting a definite amount. It ain't your lucky day and it's what you've got to admit to yourself. Set out for the opportunities of tomorrow.
It is because of this that while there is nothing wrong with having gambling as a hobby that people need to have other interests too, this way when you begin to lose too much money while you gamble instead of chasing your losses you will simply stop for a time and do something else that interests you, and this is not only a healthier alternative to chasing our losses but it is also a way to keep our gambling hobby, as someone which chases their losses frequently could become addicted to gambling and eventually they will have to renounce to it if they want to live a healthy life.
hero member
Activity: 1036
Merit: 675
June 01, 2023, 06:54:40 PM
#78
The real problem starts when I’m on a long losing streak with same bet amount let's say 5 win streak. My mind set change from relax gambling to chasing loss. Even after I recover my loss, I bet already in abnormal pattern so that I can earn profit in a fast way. I always conclude my mistake after gambling. I keep repeating this cycle. My gambling time only ended up if I’m on profit big time or 100% loss my bankroll. I don’t know but it’s very hard for to quit gambling when my bankroll is at loss or on a little bit profit.
Chasing loses is th worst way to gamble. Its like a most not do in the gambling industry. Its the easiest way yo have all your bankroll exhausted in one run. You get the feeling that the lose I'm previous session is only preparing you for a win in the next round and so you double your stake to make the most out of it but, that's not always the case. Your hit with another lose and yet again, you come up with another philosophy to give you a course.

Best thing to do, just log off or go home after betting a definite amount. It ain't your lucky day and it's what you've got to admit to yourself. Set out for the opportunities of tomorrow.
legendary
Activity: 3052
Merit: 1281
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June 01, 2023, 06:46:46 PM
#77
I have this kind of problem ever since I started online gambling. I’m always bored playing same bet amount while my bankroll just keep coming back and fort to my initial bank roll.

The real problem starts when I’m on a long losing streak with same bet amount let's say 5 win streak. My mind set change from relax gambling to chasing loss. Even after I recover my loss, I bet already in abnormal pattern so that I can earn profit in a fast way. I always conclude my mistake after gambling. I keep repeating this cycle. My gambling time only ended up if I’m on profit big time or 100% loss my bankroll. I don’t know but it’s very hard for to quit gambling when my bankroll is at loss or on a little bit profit.

Anyone here is successful doing a long shot bet? A point were you can be satisfied without considering your bankroll status and just pure fun on gambling experience?
That is a difficult scenario to deal with, those which seek for some sort of thrill when they gamble are very susceptible to this, after all if you make a bet with the same size each time eventually you will get bored, however if you change the size of your bet now you are taking a higher risk, which is why you begin to lose money and then it causes you to chase your losses, and quite honestly there is not an easy fix for this as your only option will be to limit even more the size of your bets, but this could lower the fun you get out of gambling even further.
It is kind of boring. I bet the same amount at Crash every day and what I did was just put it on an automated cashout point but to my shock, the profits have gone from good to slightly good. But when I am monitoring it and doing the cashout manually I can gain loads of amount it just sucks that it is a repeated type of game and it gets you to the point of thinking about "What if I add more money to my bet?"
But there's the fear of losing more if you took the higher level and chasing losses will be next if you keep on losing the higher amount bet. It's the norm of human emotion and I don't think that can easily be controlled.
Discipline about how much to bet, when to stop, and being satisfied with what you receive, is not easy to follow, there will always be instances where you want more and disobey the plan just so you could at your goal faster.

Indeed it is a bit boring, what keeps us playing is the hope to trigger bonuses (for slot players) or consecutive winning streaks (for other gambling games).  Long shot bets as usual eats a lot of time which I think, we are just wasting our time because at the end of the session, we often stop due to bankroll depletion.

I handle this by simply quitting abruptly and never thinking about any consequences of winning or losing.  After all it is our mind that urge us to continue betting, so better to shut the thinking down and close the gambling platform and keep us busy with other things like playing games and other activity that can keep our attention away from gambling.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
June 01, 2023, 06:13:16 PM
#76
I have this kind of problem ever since I started online gambling. I’m always bored playing same bet amount while my bankroll just keep coming back and fort to my initial bank roll.

The real problem starts when I’m on a long losing streak with same bet amount let's say 5 win streak. My mind set change from relax gambling to chasing loss. Even after I recover my loss, I bet already in abnormal pattern so that I can earn profit in a fast way. I always conclude my mistake after gambling. I keep repeating this cycle. My gambling time only ended up if I’m on profit big time or 100% loss my bankroll. I don’t know but it’s very hard for to quit gambling when my bankroll is at loss or on a little bit profit.

Anyone here is successful doing a long shot bet? A point were you can be satisfied without considering your bankroll status and just pure fun on gambling experience?
That is a difficult scenario to deal with, those which seek for some sort of thrill when they gamble are very susceptible to this, after all if you make a bet with the same size each time eventually you will get bored, however if you change the size of your bet now you are taking a higher risk, which is why you begin to lose money and then it causes you to chase your losses, and quite honestly there is not an easy fix for this as your only option will be to limit even more the size of your bets, but this could lower the fun you get out of gambling even further.
It is kind of boring. I bet the same amount at Crash every day and what I did was just put it on an automated cashout point but to my shock, the profits have gone from good to slightly good. But when I am monitoring it and doing the cashout manually I can gain loads of amount it just sucks that it is a repeated type of game and it gets you to the point of thinking about "What if I add more money to my bet?"
But there's the fear of losing more if you took the higher level and chasing losses will be next if you keep on losing the higher amount bet. It's the norm of human emotion and I don't think that can easily be controlled.
Discipline about how much to bet, when to stop, and being satisfied with what you receive, is not easy to follow, there will always be instances where you want more and disobey the plan just so you could at your goal faster.
legendary
Activity: 2282
Merit: 3014
June 01, 2023, 06:12:33 PM
#75
It's really difficult to understand what you're trying to say here..I understand English is likely not your first language, but I'd try and clean this up a little bit because it sounds like you're talking in circles here.

From what I can understand, at least I think, it s that you're typically just making smaller bets that has you going back and forth and not really "pulling away" from your initial cost basis.  I think if you try and attempt a "long shot" bet, you might get yourself in trouble, and starting betting out of your means. 

Again, hard to understand what you're saying.
sr. member
Activity: 2030
Merit: 269
June 01, 2023, 05:47:58 PM
#74


Anyone here is successful doing a long shot bet? A point were you can be satisfied without considering your bankroll status and just pure fun on gambling experience?

Mindset is important if you have a mindset that you don't want to stress yourself and just want to have fun then yes you can do it, I've done it many times, and still doing it you have to accept that you are in a  gambling platform even if you're wishing that you want to win big money, the house edge can bust your wish, so it's better not to stress yourself and accept the results, having fun should not be stressful.
legendary
Activity: 2604
Merit: 2353
June 01, 2023, 05:33:56 PM
#73
I have this kind of problem ever since I started online gambling. I’m always bored playing same bet amount while my bankroll just keep coming back and fort to my initial bank roll.

The real problem starts when I’m on a long losing streak with same bet amount let's say 5 win streak. My mind set change from relax gambling to chasing loss. Even after I recover my loss, I bet already in abnormal pattern so that I can earn profit in a fast way. I always conclude my mistake after gambling. I keep repeating this cycle. My gambling time only ended up if I’m on profit big time or 100% loss my bankroll. I don’t know but it’s very hard for to quit gambling when my bankroll is at loss or on a little bit profit.

Anyone here is successful doing a long shot bet? A point were you can be satisfied without considering your bankroll status and just pure fun on gambling experience?
A simple strategy to avoid this kind of disappointment is to focus on the expected winnings instead of your stake. That is to say, instead of betting a same fixed stake whatever the odds are, you should adapt your stake to get the same expected winnings. That means your stake will be smaller when odds and risks are higher, so you will lose less money when you place risky bets that you are unlikely to win than when you place quite safe ones.
hero member
Activity: 1106
Merit: 570
June 01, 2023, 05:14:16 PM
#72


Anyone here is successful doing a long shot bet? A point were you can be satisfied without considering your bankroll status and just pure fun on gambling experience?

The real fun of gambling is not considering  your bankroll  and that is why you ought  to have a budget thaybis fixed for gambling when hitting the gambling site or house.
I'm  glad that you're able to identify your wrong which is chasing your loses and there haven't really been cases of people who chased their losses and came back victorious, hence you should learn when to stop and also learn how to accept losses as these losses also helps to build our experience in the field.

Most times I just enjoy the fun in gambling  and most times before I place a bet, there are just two options in my mind, which is either I win or I lose and that's why when i loss, I don't have to panic and when I win, I always see it as an added advantage  for more money.
hero member
Activity: 3052
Merit: 606
June 01, 2023, 04:14:56 PM
#71
[...]I don’t know but it’s very hard for to quit gambling when my bankroll is at loss or on a little bit profit.
I've been through that phase and I'm glad that I'm more chill now whenever I'm not lucky on some of my gambling sessions. I managed to limit my bankroll to a point where I'm okay even if I lose it all. I don't top up on the same day to chase losses.

There are times when I feel like ending the day already so I just put x10 of my usual bet size on games like Crash and for 100x multiplier. Unsuccessful so far but I don't feel depressed over that loss.
I also find it hard overcoming that phase before but now I have managed to conquer my gambling addiction and be able to control myself when I’m at losing streak. One thing I realized that there should always be discipline when it comes to gambling so that we will be able to stop when it’s time to. Otherwise, we will used up all our money and regret later on.
hero member
Activity: 658
Merit: 562
June 01, 2023, 04:08:51 PM
#70
I have lost a lot in in a long shot bet. I was once like that, it is either I empty my bankroll or I wouldn't stop gambling. This made me a chronic gambler that couldn't do anything but only gamble all day. After some years when I saw that this is eating me up,I decided to go on a break for over a year before going back to gamble. I was able to overcome that habit and motive of chasing my loss which helped me a lot. If you are not someone who is rich and have a good business that brings you daily income,you will end up living a life with regrets if you always gamble on long shot bet.
hero member
Activity: 1918
Merit: 564
June 01, 2023, 02:31:44 PM
#69
I have this kind of problem ever since I started online gambling. I’m always bored playing same bet amount while my bankroll just keep coming back and fort to my initial bank roll.

The real problem starts when I’m on a long losing streak with same bet amount let's say 5 win streak. My mind set change from relax gambling to chasing loss. Even after I recover my loss, I bet already in abnormal pattern so that I can earn profit in a fast way. I always conclude my mistake after gambling. I keep repeating this cycle. My gambling time only ended up if I’m on profit big time or 100% loss my bankroll. I don’t know but it’s very hard for to quit gambling when my bankroll is at loss or on a little bit profit.

Anyone here is successful doing a long shot bet? A point were you can be satisfied without considering your bankroll status and just pure fun on gambling experience?

I also experience the same thing, for me to stop my gambling session, it is either gaining 3x my bankroll or my bankroll getting depleted.  It is quite hard to move out of the situation when we are already in the situation.  But with perseverance and will power, I believe we will be able get out of this cycle, if not we may plunge into the abyss of gambling addiction.  So @OP, as long as you can still think your weakness, you can try to reinforce other activities to avoid it, like thinking of an important thing to do just to cut off you gambling session for that day.  I already did that and it was very effective.
hero member
Activity: 2968
Merit: 640
June 01, 2023, 02:20:01 PM
#68
Anyone here is successful doing a long shot bet? A point were you can be satisfied without considering your bankroll status and just pure fun on gambling experience?
It's very challenging and we always have this challenge when we are in session there are many questions while we are playing even if we only want to play for fun.
Once the scenario is presented to us we have to think of the best course of action but unfortunately instead of quitting we chase our losses, because we're thinking not every day we have this opportunity to recover our losses, it's wishful thinking and quicksilver, we eventually lose everything.
It's challenging if your playstyle is different from that. For me, I am contented already with my playstyle. I bet minimal amounts, not too low or not too high. This ensures me that I can still earn a good profit if my luck strikes.

I observed that trying to chase more profits by increasing your bet size is not fun because good multipliers won't usually go out here and we can also lose our money quickly. We deposit because we have certain intentions on why we play. Quitting will just ruin that experience. If we have the feeling of quitting, it will be better to not play gambling at all and find another hobby, which you think won't affect your life negatively.
sr. member
Activity: 2436
Merit: 455
May 31, 2023, 08:35:28 AM
#67
in this case (long winning streak) there are two solutions to adopt in the same time. withdraw all or at most only the net profit.
stop playing and resume later in the day or another day.
it's a fundamental mistake to play matches just to play them, I would avoid it in any case, It would lead for sure in losing bets and its a waste of previous profit...

You're right, there should be a proper rethink before taking every necessary steps in gambling, it's not all about shooting out to make sure you're gambling at all times but a on repeated looses, there are times we need to calm down and reset the approach we use in gambling, fine and good the moat common goal of every gambler is to create time in having fun while gambling but we are still expected to take break or pause whenever it's necessary.

Indeed.

Every bet and every play should be think of thoroughly. It should be done with control and with proper analyzation in mind. Impulsive betting and playing without plan or strategy on hand especially if it involves sport betting that needs knowledge and information will just put you and your fund at risk. It's better to do this every after bet or every once in a while that you are winning and/or losing consecutively.

You have to check your mental disposition whether you can handle to bet some more or not anymore to avoid future losses that could have been prevented if you just know better.
hero member
Activity: 2912
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May 31, 2023, 05:15:35 AM
#66
Chasing your losses without setting a limit is a sign of being an undisciplined gambler. I believe you should start focusing on solving this problem, as being undisciplined in gambling often leads to regret in the end. We all know the saying that we learn from our mistakes, so there is no need to repeat the same mistakes over and over; we just need to learn from them.

To enjoy gambling and minimize the risk, it is important to set goals and limits. Having a clear target and limit will help ensure satisfaction and responsible gambling.
First, they have to learn about self-discipline while gambling, which requires a lot of practice, and after that, maybe setting limits on the amount of money and time that can be used in gambling so that we can start to reduce gambling activities slowly. And this also requires practice until we can really stop ourselves from gambling.

We have all made mistakes in gambling, and it is a valuable lesson that we can reflect on so that we do not make the same mistakes again in the future. And we don't need to stop gambling if we still want to gamble totally. But we have to equip ourselves with good self-control and manage the money we use to gamble.
full member
Activity: 1708
Merit: 126
May 31, 2023, 04:19:42 AM
#65
in this case (long winning streak) there are two solutions to adopt in the same time. withdraw all or at most only the net profit.
stop playing and resume later in the day or another day.
it's a fundamental mistake to play matches just to play them, I would avoid it in any case, It would lead for sure in losing bets and its a waste of previous profit...

You're right, there should be a proper rethink before taking every necessary steps in gambling, it's not all about shooting out to make sure you're gambling at all times but a on repeated looses, there are times we need to calm down and reset the approach we use in gambling, fine and good the most common goal of every gambler is to create time in having fun while gambling but we are still expected to take a break or pause whenever it's necessary.

Always be aware of when to stop, or at the very least, take a break. We all want to generate huge profits, but we shouldn't get greedy, especially if we're already on a winning streak. It can be difficult to decide whether to stop or keep playing, but we need to be more logical and control our emotions since if we keep hoping for big wins, we might wind up merely trying to recover our losses. This happened to me several times, and each time I was enjoying my winning streak, I almost forgot to set limits. However, it is important to do so after we have reached our target profit, and we should also take as much funds as we can out of the pot to avoid being tempted to place more bets.
legendary
Activity: 1904
Merit: 1176
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May 31, 2023, 04:15:59 AM
#64
in this case (long winning streak) there are two solutions to adopt in the same time. withdraw all or at most only the net profit.
stop playing and resume later in the day or another day.
it's a fundamental mistake to play matches just to play them, I would avoid it in any case, It would lead for sure in losing bets and its a waste of previous profit...

If you have reached a long series of victories, then it would be worth reducing the amount of the bet in subsequent bets, since it is clear that this series cannot be endless. And if you reduce the amount of each next bet, then when the losing bet comes, the amount of the loss will be less. But it is possible that if your series of win-win bets is very large, then losing the usual bet amount will not be critical for you, the most important thing is to observe risk management.
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