Topic: How were you able to handle a losing streak up to 5 times and above? - page 3. (Read 969 times)

Normally, the best thing for anyone to do when ever they are no longer comfortable with the amount or number of loses they've encountered while gambling; is to stop playing and maybe come back again the next day, or better still, try another game.

There is this saying that most gamblers often give up playing while they are very close to hitting a major win, personally, I don't know exactly how true that believe or statement is, but one thing I do know is that sometimes, those who because of statements as that, force themself to keep playing when they should have taken a break, often times end up with so much regret as a result of how much they end up losing.

But then on the hand, this is not to say that some gamblers don't get really lucky, some actually end up winning amounts they never expended just after theyve thought of to stop playing, but yet continued some how.

Yes, I will stop for a moment because I am mentally weak in gambling,
When I lose in gambling I pause to calm my mind and mentality so as not to go too far to make bets or some games.

I was really scrutinized and thought about what next step I should take, not to make bets or games with an unspecified amount.

It may seem very skeptical, but this is what happened to me and everything I thought about so as not to lose too much in gambling because I also consider gambling only as entertainment with the allocation that I have determined to be as minimal as possible.

First of all, honestly, I will be seriously stressed.
Of course, who wouldn't be stressed if they experienced a losing streak like that, even more than 5x? And maybe this will become an addiction if it happens 5 times in a row. So, it would be much better to rest first, take a break until your mind is really strong and fresh again. Because if forced to do it, I'm not sure the results will be good. It's like only in the movies when you see extraordinary success after repeated defeats but remain calm. Ha ha ha

Personally, I still prioritize sanity of mind and body, so usually if I have lost 3 times, I would be better off stopping and leaving it for a few days. until I'm really ready and have more free capital to do it. because if I continue to follow my desire to gamble, it will be much easier to fall into gambling addiction and this will become worse and worse.

For me making wrong predictions is part of the game because I know it's not realistic to expect winning all the time.

How often you win is entirely dependent on the odds. For instance since I opt to bet on plarlay slips with the aim of achieving high multipliers, I know that I'll keep losing literally all the time. When you predict multiple matches, especially on a parlay slip, just one wrong prediction cancels your entire payout.

But if you just bet on a few sport matches and don't predict them right, it's also normal. If you count it on the fact that there's 3 possible outcomes, to lose 1/3 chances a few times in a row is a quite likely possibility. I wouldn't be too disappointed. Provided there won't be that much money to consider it a devastating event. Gambling responsibly is a whole other topic but it's important to consider it in case such things happen.

Come on! losing is normal in betting, even @1.01x you will lose, at some point,  and having five losses in a row worries you,(!?)... in reality you have a bad approach to how to bet, sometimes I have the feeling that People really roll dice with sports betting, therefore, question : on a dice, how likely is a number to come up?

On the moment that you would really be having those high expectations then you would really be ending up on making yourself that being impulsive towards your gambling activity or on how much you do spend into gambling
just because you would really be trying out to make it happen on being profitable or making money with it. On the moment or time that you would be experiencing those losing streaks then this is where desperation would really be kicking in on trying out to chase those loses and tending to break even or trying to cope up with a huge win just to cover all the loses that you have obtained. This is why this industry is really that too profitable just because gamblers are really having this kind of approach on which this is really that an endless cycle on which it causes up for this business to be that profitable.

On the moment that im experiencing 5 consecutive loses or more then its something which is really that too small when dealing up with casino games on which you could experience 15 or more specially on dice.
Using up martingale method or any similar thing wont really be able to changed up the condition but rather it would really be making things even more worst. This is why it is really that important that on the moment
that you are dealing up with gambling then you should anticipate that loses would be there and only spend on the money or amount that you can afford to lose and never ever make yourself
that delusional if you dont like on messing up your life with because of gambling.

Two to three consecutive losses are more than enough to stop me from gambling activities for a while. When I lose more than twice, I think that luck is not on my side, and if I choose to continue playing it will only increase the losses I experience.

And indeed the best way to stop a losing streak is not by making a deposit and betting even bigger, but by withdrawing from gambling. Because real victory in gambling is not about how big a win you achieve, and how capable you are of recovering the losses you experience, but rather how capable you are of controlling the gambling itself.

Never act stupidly by continuing to make deposits and bets when luck is not on your side, because this will only lose all the money you have. In gambling, losing is a certainty, while winning is only a possibility, and we all have to be aware of that.

What do you expect? No gambler gambles with the intention of losing. He knew what was at stake and went for it, if the results were good,  we would have been applauding his bravery if it was actually a winning streak. What makes these losses from losing streaks hurt so much is the high expectations these gamblers often have while placing the bets. I have experienced it before and it left me broken because I expected more from it but now I place limits on what i gamble on. Anyone who cannot handle a losing streak should not bother going for what he cannot handle. One major cause of problems for gamblers is high expectations.

That’s just the reason why I do encourage gamblers not to go beyond their limit when gambling because anything can happen. No matter how sure you are about the bet you are about to place, make sure you don’t exceed your limit. You shouldn’t be too confident when gambling, because anything can happen. Just imagine you gambled with all the money you have, since you are confident that you are going to win the bet, and things changed, how will you be able to get money to keep on gambling? But if you plan yourself, even if things don’t go well, you will still be able to gamble.

That's the most I've ever lost, I've only lost 7 in a row and you did it 20 times, that's heartbreaking with that many, how did you feel at that time did you feel like a loser or like your world ended when you accepted the fact that you had that many losing streaks, before you believed that you would get a big win someday?
Sometimes positive thinking that I will get a win today when I have lost a few times will lead to the wrong use of money because we are too ambitious and believe, and that we should avoid or we will get the next defeat. should when you have lost until you run out of deposit money can stop at that time because if you continue our mentality has been influenced.

OP had a bad run and this is not uncommon, the only thing is that the loss might be big enough not be able to recover it in the next few weeks.

That is the thing with sports betting, you can make a prediction based on past performances of teams but luck factor can ruin your entire betslip and this is a prime example of that. On the other hand I have seen parleys done with multiple wins and that total profit was way higher than the bet.

Hope the OP makes some of it back soon.

A losing streak of five is even smaller to the ones I have lost.I have lost more than twenty streaks in football gambling,but I still didn't give up, because I already know that two things are involved in gambling,it's either you lose or you win. so if I'm not on a winning streak,I will be on a losing streak.Although,the period of time I was losing like that,I really felt bad and was always weak,but I didn't give up,I still have that feelings in me that I will win big someday,and that is what's keeping me.So many persons are losing on a daily,but they won't say it to anyone, because they already made up their kind about losing,that it's normal.

And because of this, it is important for gamblers to have self-control so that they can be calmer when facing a losing streak. Just imagine if it was a novice gambler, maybe he would immediately scream in his room and cry about the money he lost, because from the start he gambled money he couldn't afford to lose - he gambled money thinking that it would be very easy for him to win. Gamblers must be able to have good risk management and understand their abilities, so that when they face an annoying situation like this, they understand it better and don't rush into making decisions that they can regret even more.

You should know the risk you are signing for my friend before you click the submit button. Mind you, the higher the odds, the higher the possibility that you are making a tough choice. This is why I like to limit my sports betting odds to within 2+. It could be anywhere between 2.0 and 2.9. I can't remember going higher than that to tell you how careful I am.

Besides, it would have been nicer if you added the odds to those tickets for us to know.

Contrary to your claim, though the result is unfortunate, I do not see many lessons to learn here because you were somewhat careful and did not risk aggressively. First, your betting is independent of each other which means you did well, and secondly, I do not think your risk is higher than necessary since you did not add the wagering amount. Nevertheless, the tone used is not a risky one, this is good as far as I am concerned. The fact that you lost them shouldn't make you blame your approach.

I also do not see you deviating from your plan, did you? Unless I can't extract it from what you wrote here.

I bet independently like you but I have never experienced a thing like this. At worst, maybe 2/5 of the games which is even rare.

A wise man once told me "When everything is going against you in your life don't hesitate to take a break", and I guess that could be applied here too because you don't have any control over the game you bet and all you can do is to analysis and predict based on the stats or odds or any method that usually works for you. If losing continuously bothers too much, I would pause and make myself not pressured by the incidents in any way.

Yes, this is a pretty common experience in gambling games. When I faced long loss streaks I just played until the end, that is, until the last penny, through Martingale strategy, in an attempt to recover the previous losses and still finish the gambling session in profit. Through this strategy all you need is one winning to recover from all your losses and still make some profit. If you lost 5 times in a row, maybe the 6th will allow you to recover yourself.

That is the idea, although you can't rely on this plan on practice aiming long term favourable results. At least, that is what I was used to do, as I considered I didn't have greater alternatives besides that, anyway.

That's why it's important that we allocate an amount of money to gambling that we can afford, and when allocating money to gambling, it's probably better to consider it lost and never hope to recover the money we've lost in gambling because it could have fatal consequences in the future. Losses can still be minimized by doing it in moderation, but defeat cannot be avoided because it has become a condition that will occur more often than winning. However, with large losses, of course it can be minimized by taking the next steps ourselves. If we cannot limit the actions we take, large losses will occur, the same as losses that are certain to occur.

The impact that will occur depends on us allocating money to gambling. Apart from that, our assumptions and perceptions determine what will happen in the future. If we think we can recover the losses that have occurred then losing more money can occur. By wanting to recover the losses that have occurred, it can make we put in more money where the goal is to recover losses but the winnings are not certain to be obtained. When gambling has ended in defeat then what you have to do is stop gambling by not risking any money back whatever the reason, it is better to stop and go to rest. Apart from resting physically, of course your mind also needs to be rested, so the thing you have to do when you experience defeat is to stop, especially when you experience consecutive defeats.

Sounds like you are just gambling in paper not in real bets since having a bad day with losing streak in gambling is unavoidable no matter what calculated bets you are using since it’s still gambling unless you are placing 1 bets every week then it’s really hard to get that kind of losing streak.

Your comment is a text book must do guide but it’s very hard to apply it in reality since the result on sports always have variance that affects the games like underdog unexpectedly beat the top teams or star players injured during the game that cause a huge impact to the outcome.

Sometimes what we expect is not what we bet on because friendly matches are more about entertainment than real competition, what do I do and not want to do?
Rarely bet on national team matches that conduct trial matches.
Will not bet again on pre-season tour matches sometimes also miss in this match even though the odds are small.
Now that the Euros are about to start and the Coppa America, it will be more interesting for betting.

Well well, I've had even a longer and worser losing streak in the past, losing streak up to 15 games in a roll without a single winning, though this was while playing a Slot game, and based on my personal experience, it's possible for a person to have up to 20, 30 losing streak while playing a Slot or casino games and he or she won't really feel it, most especially is the person is betting the minimum amount of bet on each of the games, though having such a long losing streak is really rare.

Coming back to sports betting, I think I've had up to 10 losing streak one time like that, it was funny though, i was betting on parleys as well as single games, I kept losing on both, and up to the tenth time, this was like up to more than two weeks if I still remember correctly, that made me feel like shit really, but then, I just took a break from gambling for a while, and by the time I started again, i had completly forgotten of that terrible experience of losing over and over again up to the tenth time.