Topic: How do you handle long shot bets? (Read 492 times)

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

You pinpointed all your gambling problems yourself OP, what are you doing to solve this problem? You know what you did wrong and I don't think it's right looking for someone to tell you where you are wrong, you chase losses, you overbet when you can't afford it.  These are general problems that many gamblers have, they can't control their greed and emotions,  maybe you should try setting some gambling rules for yourself. Create a timetable for your gambling days and risk-taking, you will see a big difference.

Get a book or calendar and draw out your favorite gambling days in a week, and also the amount you can afford either twice or thrice a week, then stick to this plan, and when you lose money don't ever try chasing your losses, if you can do this you will see big difference and you will be able to maintain yourself.

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.

Well, you are probably playing dice or any other game that gives you a 50% chance of winning with a 2x multiplier, such games can actually become boring after a while if as you said you are playing with the same base bet which is very low and doesn't provide a lot of profit even if you are not losing much, so you should probably change the game and try.

Playing slots might bring in some excitement every now and then, but it also comes with the possibility of getting a big multiplier if you get lucky, you can lose in slots too but it is at least more fun than dice or other games with 50 or 49% winning chances.

Something I do is limit my weekly bets by the amount I bet and not the amount I win or lose.
It doesn't matter if it's a good or bad day, when I reach the pre-established betting amount (yes... I write it down ) and stop the moves.
Obviously I always deviate a little from this goal believing that "it's okay" but I've always managed to maintain control.

If you don't see a problem with losing your entire bankroll at once, I don't think it's a big problem to play until you have zero bankroll, as long as you know that this is your limit and don't try to contribute and lose even more money.

Greed and frustration I guess. However, it is a normal drive for a gambling to seek for profit, problem is discipline of doing so such that randomly betting without any plan. It would be easy to say set a limit but it would be hard to follow, although it is the right thing to do. If you have a limit of the amount you can afford losing on a single sitting, then you'd be fine for sure same thing with the amount you win. Without having any plan, you'd end up losing no matter what. The drive to earn more is what makes gambling risky. We should all instill to our minds that losing is more certain and winning would only happen one in a hundred. Try to do this little by little such that everytime you win take a pause.

Each person is really different when it comes on how they do approach or on how they do treat up gambling on which there are really that people who are really not that good on assessing situations on which they do really led up into those bad decisions or things ahead until when things turns out to be bitter and salty then this is where self realization would kick in. Its a very common behavior for most gamblers on having this kind of
approach on which they would really be chasing up losses because they cant really just that accept that they have lost. Once on your mind would really be thinking about recovery of those losses then this would really be triggering out your emotions and would really be making such act on doing gambling as long you do have the funds on your balance or pocket just to make things to be followed on whats up into your mind.
If you are lucky then you might be able to do so but in most cases on which chasing losses does really end up miserable.

Haha, you are very funny my friend, not every gambler are that addicted to gambling to the extent they can't rest until every single penny on their bankroll is lost, even if I don't know about other gamblers, I know myself that I am not such a gambler who gambles until the bankroll is entirely empty before deciding to take rest..

There have been several occasions where I quit gambling half way simply because I was losing too much, and withdraw the funds left back to my private wallet, though this is not to say that there haven't been other occasions where I do gamble until my bankroll is empty, but I this mostly on purpose, not out of addiction or anything related.

I think its because you are playing just to get major profit and this is have been doing before now and it consume a whole lot of time and at the end of everything you just end up either losing everything or back to same amount you started with especially when its virtual sport games because those are the game I normally play because the decision time is very fast and if am making profits it doesn't take much time but the problem is that my greed always get ahead of my gambling and when am experiencing this winning streak I always think to go further to gather more and this always turns out to be my downfall.

Actually, it's happening to everyone especially slot players and can be considered a usual thing that can happen in gambling. It's like destiny is playing with us and testing our patience without realizing that it's the purpose of gambling, to piss us off and let our rage explode by betting more and that results in losing in the end.

It really sucks to see that we ended up playing long but our starting bankroll doesn't even move up a bit or have significant changes.

Because of that scenario, we will be triggered to increase our bet more as it's like we are wasting our time already but with no good profits in return. It's now the start of chasing profits that eventually will lead to chasing losses because of being aggressive.


I'm sure most do have a good experience with that, also in my case. I

It's like how we will react properly during that situation and will remain in a calm state of mind.

But admit it and I'm sure everyone else does. When we already hitting big wins with big amounts then suddenly we will return to our original bankroll and will again start at a low bet amount, it's really a big frustration so instead of being calm, we will just allow ourselves to just rely on luck and continue with that big bet amount regardless of the current status of our bankroll on that game session.

For me, winning and losing is something commonplace. after all, we are well aware that what we are betting on has a risk. if we don't win, we lose. yes, it's that simple. maybe, in the past few years what you experienced was part of our experience. more precisely, the last 10 or 5 years.
now, I gamble only as entertainment even though sometimes emotions lead us to destruction. I think it is very natural, because it is psychologically natural for us humans. occasionally out of control it is commonplace, even if someone has high discipline. anyway, they must have slipped too.

Well, I have a question for you. what do you do with your gambling, and what is the essence of the enjoyment of the gambling session from your personal version. for me, gambling at this time enjoys the moment more. but not for all types of gambling, I mean sports gambling, especially football.
Regarding bankrolls, everyone has their own nominal value. So, I think it's something relative. here I will say, that I enjoy more moments from gambling sessions regardless of the small amount of bets we make. I like the essence more when it comes to sports betting, analyzing it is part of the art in my personal version. whether it's winning or losing, once again I say that it is part of the risk.
So, to prevent me on things like you said in this post. My mindset is reversed, I'm not after money. I mean, not too focused on the victory that I will get. but more on predictions, and adrenaline while enjoying watching a match. that's it, that's enough. the rest let luck decide. if I win I'm happy, if I lose it doesn't matter, it's that simple.

You should have put up a poll for this because this is an interesting topic that deserves a poll, honestly, I keep betraying myself when there's a point that I am on winning, the mindset change from having fun to keeping on going until I recover my previous losses because it's not every day that you have the opportunity to have a winning run it's not fun anymore and it has become a challenge and you want to increase your bankroll so you can withdraw big amount.

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...

Hi OP;  what are you talking about, five losing streaks are nothing if you measure them in the number of bets, losing streaks are measured usually in time for weeks, and perhaps in some case, the extreme, hours, but winning or losing five bets... is random.

On the other hand, what games, if you want to vary the bets in traditional games, use the bots that allow you to program the bets in percentage growth. (e.g.)

Or, play tournament poker, where your bets vary as you progress.  Anyway, I think you have a wrong approach to the situation or you don't explain it well.

This is very common among gamblers but you have to fight it because if you want to be very successful at gambling, you have to be doing it right and not letting your emotions make decisions for you. If you're gambling don't chase loss, just move on if you lose continuously.

Whenever I lose on shot bets for a number of times I stop immediately, I use small amounts to gamble so it doesn't put me in debts and to avoid getting into those debts I stop when I noticed I'm not having a lucky day. I bet both on slots games and soccer.

Whenever I loss, I have the mindset that it wasn't my day and comes back another time to play. I start with the same bet I lost but not because I'm trying to make up for what I lost the last time but because I want to try my luck again believing things will be different.

This is a common thing and often happens to many gamblers where they initially play casual gambling but after getting several wins, they think it is their lucky day so they have to use it well. But the reality isn't always what they expect because usually, after winning many times, they can immediately experience defeat. And if they don't have good self-control, they will try to recover their losses by continuing to gamble. But instead, it will bring another loss where they might increase the bet amount because they think they can immediately recover their losses if they win. But again, that's not how it happened because it could trigger a big defeat. I usually play not using big money and whatever the result, I will stop immediately because I don't want to run out of all the money at once.

I'm not consistent for long-term betting, besides I don't combine strategies in betting, especially about financial management, to be honest I find it difficult to do bankroll management in betting on online gambling sites, moreover doing win and lose limits for me personally, it really makes me think long and hard.

Basically I bet on online gambling sites, based on fun by placing a small budget, winning and losing is not a big problem for me, let alone do win/lose limits, besides the betting bankroll that I have is not too strong to bet on and I am not a disciplined or professional bettor in gambling, for that I sometimes gamble in an emotional state, in essence I bet on the basis of pleasure and experience only.

People can talk all day but I think the majority of posters in this sub-section unfortunately are just spam posting without any real knowledge or experience. You want to see an actual case study, ongoing and with data stretching back to 5 seasons ago, focusing almost only on longshot betting?

Than I introduce my own thread (sorry for the self promo). In all honesty, this season is probably not the best to look at, barely 70 games. I don't expect future seasons to be much more as priorities in my life have shifted drastically, but in past seasons when I had more time, you will see several hundred bets, almost daily at some point.

They're generally all longshot bets, and not only am I keeping track of prediction, I'm also showing evidence of actual bets. Plus, calculating profit and loss as units. So you see an actual profit loss tally, and not based on percentage (which hides a lot of bad-performances from tipsters), but on actual units profit/loss.

Longshot betting, aided by some value estimation (given odds versus actual performance), and value maximisation (using price boosts, promos) can get you pretty far, without betting too heavily.

Whenever greed interfere in your gambling and you think you will grab every thing and will get much profit that is the point which leads you to loss. So keep your emotions and greed out  when you are gambling. When you become addict so you will be in loss. And gamble only that amount which you can afford. Means if you loss so it doesn't effect on your health or emotions.

I'll do the same too.

Just secure those big wins that you make and runaway for a bit of time then go back when you're bored again. I've seen a lot of stories that have been missing their profits.

We're different gamblers and sometimes we tend to feel what's right and we do that. But in the end, that decision seems to be the wrong one and we're losing with these long shot bets.

Normal to get bored on that situation since you will just think about that it just a waste of time at firs especially when you only look for profit generated on the bets you made. Placing huge bets is kinda risky but exciting since you will end up being more focus on the game plays you made, but it will end up stressful once you lose especially if all of your money gone because of the risky condition of bets you made.

For sure you can get over with it and go back with same bet amount of betting since you might realize that you want to enjoy without getting any huge damage in return.

There's no how you can be satisfied in gambling and still continue for the day, for me as long as you have some sats on your casino wallet you will ever remain unsatisfied until you are done exhausting the bankroll, gambling addiction is part of what constitute to this kind of experience even though it may not have worsen as others have been found with gambling addiction, it also depends atimes on the particular game or sport you're betting on, some can always take much of your time because of the fun while other may be a kind of boring type.

Make your gambling more volatility.
- Double the amount bet everytime you are win.
- Maximum double 3 time.

By making your gambling volatility, once you are on the streak win you will win a lot. Meanwhile while losing, you are just losing like usual. The purpose of these are, we are chasing one time good section and win a lot.

Rather than, get one good section but not win a lot and a chance get streak lose 10x.

This is an indication that you are already losing control of your gambling habits and if you're not careful it can put you to ruin as you will be unable to control the amount you gamble with and at the same time make the mistakes of chasing your losses.

In my opinion I think the best thing for you to do right now is to take a break from gambling. Taking a break from gambling will help you to gain some control of yourself. It can be difficult for you to do but it is something that you should do now before it will require more help to assist you from stopping. This is of course after gambling has done some damages.

See that's the thing, you're supposed to stop thinking about your bankroll altogether when you deposit money. Whatever money I deposit in casinos, I consider spent/lost already. I don't actively try to make it bigger or even withdraw it really, it just stays there. If leftovers were left due to being lucky and winning, then I subtract that amount to my usual deposit amount instead.

I would've probably withdrawn in a big win instance, sadly I've yet to experience one so it's just one big money sink, which I'm aware of ofc and I accept it. It's the expense for having fun imo.

It's important to approach gambling with a realistic mindset.

While it's possible to win big, the odds are typically against you, so instead of focusing on trying to win big, consider gambling as a form of entertainment, and set a budget for yourself that you can afford to lose.

Long shots don’t guarantee winning, the games could be going all fine only to cut on the last day.

I think the first thing you have to understand is this, gambling is not something that are profitable. Well, that is true for the largest part of all gamblers... but some extremely lucky few ...will win something good and walk away with a profit.

The whole gambling scene are developed to "keep" you gambling and to get you not to withdraw. Take slots as an example... you will lose most of the time, but in between your play, you get small wins ..that give you hope and gets you to play longer. Eventually you will lose everything, the longer you play. (The graph will go down gradually, with some small spikes as you go down to zero) 

I myself have never done this because it has a bigger risk and can easily reverse the opportunities that exist.
It all depends on what we are betting on, if we feel that betting is not possible to get a big win, then being able to have the same bankroll status as at the beginning is already a satisfaction because we didn't lose any money.
But when there is a bet that provides a big chance to win, I will forget about the bankroll so I prefer to get the win, I don't know what the final result will be, but at least I can take advantage of the opportunity that may not come twice.

This is about regular known gambler illness. When someone is gambling and losing in like 5 times or even 10 times in a row, situation should rather be treated as "I am unlucky today" and gambling should be stopped. Honestly you are gambling for having fun and winning. Worrying about recovering your losses is disruptive and unfun. Rather leave table and move out. This is my personal suggestion here. What I believe its dangerous to not change that loser mindset.

This seems to be a mind game mate , and of course attitude ..

- We must learn to be contented and ready to what will come.

- We should Understand that gambling is more on losing (unless you knew that enjoying is the main objective here/Happiness )

- People need to  be aware on what to come and consider the essence of gambling.

If we will have those qualities then there is no way that we will have to feel what you have now.

I prefer to avoid long-shot bets because they encourage me to chase my losses, but i've done them before because I got interested in settings that involve higher multipliers. I did have fun placing those bets because there was a promo, and the competitive part made it more entertaining, beating others in the ranks while trying my best to hit these long shot bets. My suggestion for stopping these long-shot bets is to adjust your gambling budget and play with a smaller amount so you wouldn't have that urgency to win them back.

for now I don't do this but in the past I have experienced the same problem with you that chasing losses is like you are angry or don't accept it if you lose after that you do something reckless chasing your defeat and after that you will feel satisfied when you get a 100% win from the bankroll at that time and after that you will feel disappointed regret when you lose in a row with the feeling why don't you stop when you lose. and after that your mind quickly changes again that you get angry when you are beaten by the casino and come back to chase defeat.
even though you don't realize it, when you catch losses and win 100% of your bankroll, the amount will not be the same as your previous losses.

just a little advice, it would be better for you to control yourself not to chase losses too much and try to make your mindset more positive, such as better use your money to buy something that is useful for you so that your money is not spent on gambling.

If you have responsibilities and have a family to manage, then definitely you will automatically feel the pressure to stop gambling. There are basically two types of people who gambles. One who gambles for entertainment or recreational purpose and another who gambles to earn some extra income for their family. If you have a bad streak going on and you are doing it to earn extra income, then yes automatically you will realise and you will stop losing more. I basically don’t bet frequently when I have a losing streak, I take a break and try betting on other games.

Yes, that is my case. From the stories I see here, I must be one of the few who have no false hopes in gambling, because I don't expect from it what I can't get.


This is the point, if we are not clear that gambling is an activity in which we are going to lose money in the long term, and that only occasionally we will have sessions in which we will come out with more money, we are in trouble. The OP would do well to understand the concept of Expected Value in depth, so that he sees that every time he bets, the expected value of return is always less than his bet. In that way he would surely stop strategising by changing the size of the bet in relation to his bankroll.

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.

That's possible, yesterday I just came from the entertainment place where it's like a game of gambling but in terms of tokens. You can sell the tokens back to the cashier or to other players.

I took a few of it and managed to gamble with it eventually. I've taken back my bankroll as the initial capital that I've made and despite winning a lot of my bets, I have this on my mind that it's okay to lose all of it. I think it sets our minds that it's okay to lose and get back at it again.

Like it's a normal human behavior and thinking that we can't beat. But in order for us to control it, we need to think of something different like it's no longer good for us or it is harming us and that's why we need to choose or we have to be satisfied whatever will the outcome be.

I feel you, bro.
Recently, I have been playing a lot of time in Stake's Original Crash and I find myself always coming back to the loss and profit that I made. I forgot to screenshot the graph as I didn't know this kind of thread will happen. But in words, it's just up and down. Little profit, a big amount of loss, and I won't stop at that kind of ending.
Luckily, I find myself controlling my greed by avoiding the higher multiplied profits and just taking the x3-x5 win and just sticking with the same amount. It kept on going until I made such a huge amount that satisfied me and I withdrew instantly. Never came back for 3 days yet, I feel exhausted from a long back-and-forth profit and loss, so I want to savor this rest before I come back again.

I just set a limited budget to gamble and I play it until making the profit I want, or until losing it all. If I lose I simply stop gambling until I can recover that sum of money through another methods somehow (which don't involve gambling). If I end the day on green, I come back on the next day or after few days to continue playing, but always cashing out the profit made after each gambling session, so the initial budget remains the same.

The important here is to set this budget. Everything else is very personal and you should look for your own strategy, which you think it's the most benefical and entertaining for you. What is enjoyable for me, might not be for you, so make your own method.

in my case, I only place one or two bets each day, sometimes I don't bet for months and at the time there are the main soccer leagues such as La Liga, Ligue 1, Serie A, Bundesliga, Portuguese League, Turkish league I usually place bets every weekend because they are the ones where there are games in these leagues, so my self control is very good, that means I can stop playing whenever I want, but looking at so much I could see in this time that I am in gambling, I could see that it is very difficult to stop playing when the person is in the gambling that depend on luck to win, I started to realize that the gambling that depend on luck to have profit is the games that make people addicted more easily

I say this because I watched some people, I went to try the plinko game so it became clear to me that the nature of these casino games makes people want to play until they lose everything, for example if a person has 100$ and is playing plinko and put 0.20$ in each section, that person will spend 6 hours or more playing, they will only leave when they lose everything or win a lot, that's because those games make people not accept defeats and losses, people tend to think that next time section will be lucky to win, always thinking about it while they are losing, and will only leave when the balance is at zero


I only tried it one day playing plinko and I never wanted to play a gambling that depends on luck again because it easily makes you addicted and the person loses control easily, it is very difficult to manage the bank playing a gambling that depends on luck, That's why I prefer to stick with just sports betting, which are games that don't depend on luck and I have control

you are right because I believe that gambling is a determination and whatever you choose to spend in your stake in gambling is what you think that you can afford to lose, but some people don't understand gambling in that way, you can't compare your losing and wining in a gambling because I believe that gambling have to with luck, and it is possible that your first gambling it may favor you or not, so gambling have to with favour

Well, Yes, it is for me, at the very beginning of my life as a gambler, I have been in the same shoes are you, I've always gambled until my bankroll is zero, before I will quit, and even, there are still countless times when I made some nice profits, which I could have chosen to walk away with, but greed will tell me to keep playing, that there is an ample opportunity to make more profit, that is double what ever the amount i have at the bankroll at that moment, and of several of such occasions, I later ended up losing everything back to the casino..

After several disappointing and frustrating encounters like the above, I had to teach myself to stop trying to make money through gambling, most especially, in playing slot games, so I began to avoid playing slot games any time making money is my reason for gambling, I do sports betting instead, but still go ahead to play wit a few dollars on  slot when ever I don't mind losing the money to having fun.

There's no way that you could totally make yourself get contented on which you would really be doing these stuffs along the way;

1. Winning? = Play more and anticipate for more winnings and missing out on stopping and calling it a day
2. Losing? = You would play for more and hoping that you would be able to break even on what you had lost but eventually majority of gamblers do end up on losing more.

Its actually a matter of self control on which lots of people do really missed out this basic stuff on something which a certain gambler must have.
Its a matter of emotion and really that mindset on how you do treat up gambling which it is really just that really for fun and not something that could really make your rich.

I'd be a hypocrite if I say those kinds of losses didn't get to me back then. Way back then, I'm betting religiously so to speak. I only bet 1% of my bankroll to make sure that I have more games to play. The stress of losing a lot and winning a little will get to you really. So I tried doing the Martingale strat (you double your bet after every subsequent loss to make sure that your wins cover your losses). Until I realize that I don't have that hefty of a bankroll to carry on the strat after a few plays. It might work for you especially if you have a bigger pot, but for regular players this will never be the long shot solution they are looking for.

This was until I found out about just moving on. Sometimes losses can't really be recovered no matter how much games you play, and no matter how big your bag is to support your Martingale strategy. The best thing to do sometimes is to just quit while you still have something to keep, and then carry on the next day. It has saved me tons of money, and altogether allowed me to stay sane and safe from gambling addiction. I know this is not the conventional tip you're really looking for but it's better than belligerently wasting all your bankroll on one go.

It's hard to do that your bankroll and your losing and winning streak will always have an impact on your mindset, there's always a shift of mindset where you want to have fun to trying to recover your losses because the dopamine is very high when you have this shit and this what makes gambling excited.

Always experienced this,  I start just to have fun then I realize I can recover my losses because I'm getting lucky so make it a go to try to extend my winning streak, and most of the time I got myself busted because chasing your losses is such a bad idea.

I don't think I am understanding it well as with long shot bets or long hauls we gamblers call a parlay in sport betting for example which includes well over 5-10 games but that are played in different days of the week,for example 2 games on Monday,one on Tuesday,one on Wednesday,2 on Thursday and the rest through Friday to weekend.This is what we call a long shot bet meaning we wait a lot for the final outcome if we keep winning most of our choices and if we don't fail early on with our chosen games.

If you mean to keep chasing lost amounts after a certain pattern from slot sessions or other games which is more likely than what I wrote above it does not do me any damage,I have set apart that bankroll and will continue this long shot bet until I lose all balance or until I win big as you say and quit and withdraw my money,there is no real midway except these two choices.

Try to have fun gambling. It's not about making money doing it because most gamblers lose money in the long run. You gamble to have some fun and feel the thrill of the game, the risk of betting and the satisfaction of winning, even if you end the session with a loss, winning those few games or hands makes it fun.

It's like in sports. You don't always win, but you keep playing because one in a few games ends with you winning.

What you're trying to do is make money each time and it's mathematically impossible, otherwise casinos would go bankrupt.

what the OP experienced is no difference with most gamblers here. we are all guilty of the same approach at one point in our gambling life. when you are on the losing streak, you will tend to chase such losses up until your bankroll is depleted. nothing new. most gamblers are like that though.
in my case, to avoid zero bankroll at the end of the game, i usually set a limit of myself. the max amount that i can spend in one sitting. if i spend more than that, i need to think of stopping my game no matter what. i always set my mindset not to follow my desire to chase losses, because high likely that i will end up screwed.

I feel you and there's no other way to change the mood but to increase our bet and expect that winning will come next.

However, in most cases, the other way around happened which is losing most of the time and the result, will come back again on the initial bet and the cycle will just repeat, coming back and forth to your initial bankroll or worst, now playing lowered than your starting bankroll.

Honestly, there's no other way to handle it but to force ourselves to just keep and maintain the starting bet amount no matter how many times it keeps coming back and forth to our original bankroll. We will only consider changing our bet if somehow, the bankroll increases while in the process.

Patience is really the key.

Spending money to get pure fun - as in your case -is something many have been doing even without being told. Isn't it just the same as paying to play on video games too?? only that you stand a chance to gain some tip if it cuts on the later.
Considering your bank roll will always make you feel you've spent alot already - but sometimes, you'll be left to stake with peanut cash and that - at the end of the day - doesn't even correlate,...Assuming you you wanna compare your wins to your losses. I'm not really used to that since peeps really don't stake on casinos online - say, only a few percentage of peeps do.

Sandra 🧑‍🦰

Satisfaction levels would really be entirely be depending on a certain individual because there are ones who are really just that securing their profits even with having that 10% increase with their capital but these are for those gamblers or people who are really doing gambling for making money but there are ones who are really that mindful on whatever winning or losing situation they would be having as long they would really be able to enjoy the game and this what matter the most, but we know that majority of people who are involved on gambling is into those people who are really that minding about making money. We know that it is really just that a common reaction on having that chasing losses because we've been thinking about on how to break even or getting it back which is really that a very bad behavior to have as a gambler.
Instead of recovery, you would rather experience the worst since things would really be even more severe if you arent really that lucky on that time or on that particular gambling session.

I feel you. You get fired up knowing that you have spent some time and your money isn't going anywhere then you decided to go and do a high bet with high odds thinking that you got all the bases covered. it happens to the best of us, and it's something that is quite common to a lot of gamblers even though they have developed a solid mindset about this thing.

Personally, I just leave for a while and try to do something else to divert my attention from gambling. That way, I don't stress out that much in making money and help me do decisions that aren't as sketchy as opposed to when I'm trying to chase some wins. It's more on your mindset and how strong you are mentally, and it's not easy to develop and maintain it specially if you became too used to doing that for a long time.

It sounds like you're experiencing some challenges with online gambling and finding it difficult to maintain control over your betting habits. It's important to recognize when gambling starts to have a negative impact on your emotions and finances!!! If you find yourself caught up in a long losing streak or feeling the urge to chase losses, take a break from gambling. Stepping away from the activity can help clear your mind and refocus your perspective. Engage in other activities you enjoy and give yourself time to relax and recharge.
And instead of focusing solely on the outcome and the potential to make large profits, try to approach gambling as a form of entertainment. Enjoy the experience of playing the games, the thrill of anticipation, and the social aspects, rather than being solely driven by financial gains. By shifting your mindset, you can reduce the pressure and stress associated with gambling!!!

The same problem is with most gamblers and there is no solution for that problem other than self-discipline. As you know that gambling is an addiction just like drugs and if someone becomes addicted then the desire to earn more comes automatically in the mind of such gamblers. In order to save ourselves from such losses we must have to be disciplined enough that losing of some trades won't have any affect on your mindset.

I have also gone through such losses and I must say that it's really hard to stop oneself from betting in such situations. Our mind is made in a way that we want all our losses to cover up and we win even more than the losses, and that's why many people for Martin gale strategy, and they  multiply their bet amount with each loss. I won't recommend that strategy because sometimes we lose more than 10 times consequently, and if the strategy is followed then we will have nothing left in our account.

A gambler should stop the bets if he/she losses many times consequently. In such days it's better to stop further betting because if we continue betting more then we will empty up the whole account in a single day. It's always advisable to stop betting in losing days and start betting the next day to avoid such losses.

You're making common mistakes here.

For starters, you're impatient, which isn't a mistake, but rather a personality trait.
The main mistake is gambling to get money. I know it's nice to win and earn from gambling but don't ever think of winning money as a goal that you have to achieve.
If you want to gamble, put some money aside and consider it lost the moment you make the first bet. If you win, great, but don't worry if you lose, the money was lost when you deposited it.
Understand that it's not your money anymore. You're not taking a risk by betting. You take the risk by moving money from your wallet to the wallet of the casino.

I hope this will help you calm down when you play.

The real problem here is thinking you can profit long term against casinos or sportbooks without any strategy. They use their considerable advantage to either fix the odds in casino games to their benefit or add a buffet to sports bets along with in-depth long term analysis to determine the right price to offer. Unless you have a strong advantage over them, you will always suffer defeat in the long run and only analysis over thousands of bets can tell if you're a winner. Talking about profits when gambling is dangerous territory because you naturally go into every bet with a disadvantage, so it should just be for fun.

Caught in a loop in the online betting realm, huh? Feels like déjà vu, right? Two culprits usually have their fingerprints all over this one: ducking a loss and the gambler's tall tale. Ducking a loss is all about hating to lose more than loving to win. Might be why you struggle to throw in the towel when you're on the ropes, and why you find yourself making some dodgy bets to claw back what you lost.

Now, the gambler's tall tale is the wonky idea that if something's been happening a lot recently, it's going to start happening less, or the opposite. This could be why you're hanging tough with the same bet size, even when Lady Luck's giving you the cold shoulder. If you're feeling in over your head with your gambling habits, how about chatting with a pro? Remember to draw the line and bet responsibly. The end game is to keep gambling a fun pastime, without it taking a bite out of your wallet or messing with your headspace.

It is a well-known fact that many people initially engage in gambling for entertainment purposes, placing small bets to pass the time when feeling bored or something. However, it often doesn't feel like a significant amount of money has been lost at first. To make up for the losses, some gamblers may feel compelled to increase their bets, hoping that a single win will recover their previous losses. Unfortunately, this approach can lead to even larger losses.

That's why, in my opinion, having a gambling budget and setting realistic goals is super important. You gotta set aside a specific amount of money that you're okay with putting at risk. Whether it's for a day of gambling or just one session, you gotta stick to that amount like it's your lifeline. That way, you can still enjoy the excitement of gambling without going crazy and risking more than you can afford.

I think you should change the type of game you play because you will only get bored and become inconsistent if you didn't want playing the game itself for long exposure.

For example, Live game show like crazy time and funky time offers a full of entertainment games due to its unique games. You will enjoy watching the game aside from betting because you will have a chance of interaction with host during bonus compared to regular games that just offer you a regular bet pattern.

OP,this shows that you have become a gamble addict from your comment. Your gambling habit is too much and you need to limit it or else you will end up losing and draining your bank roll all the time. It is better than we see gambling as fun and also have a time frame,in which we us for gambling,so that no .matter the case maybe either winning or losing,once the time duration elapse we should just quit the game. I have never played long shot before because am not that kind of person that is so much down with gambling. I gamble during the weekends and I do that with my friends sometimes or alone. I enjoy short time pattern because it helps me to control my gambling activities

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.

When I was gambling for long before, like throughout the whole day, I may be winning but I do ended the day in loss. If I am losing, I continue to play until I lose more.

My pattern now is that I gamble for a short time. If I lose at first, I use martingale. If I lose second, I use martingale until third time. If I lose, I quite for the day. Let us say my first bet is $0.5, second bet $2 and the third bet to be $5. All on 3 odds bet.

I wish my target to be the third bet. But if I continue to win, I enjoy it for a short time and I quit. Anytime I fail before the short time end to the point that I lose three times at once, I quit for that day.

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?