Topic: How were you able to handle a losing streak up to 5 times and above? - page 7. (Read 992 times)

That's bad beats and sure it's a losing streak that someone cannot take just as you OP. I've made more than that and others for sure have made theirs but the matter here is about how much is on stake with that losing streak of ours. But then, a lose is a lose and money is on the line and regardless of how much it would be then a consecutive losses is hard to accept and it's gonna give you uncomfortable feeling that you might go on for another try but then another loss could come.

Risk management is really needed. Coming from your plans on until when you're going to gamble, how much you're going to start with your bankroll and you have to stay with plan that you have come up with. Because other unforeseen bets that you're going to add that's not part of your game plan for today or this week might get you some additional trouble. And another lesson not only for OP but also for everyone, when you are in profit, don't forget to reward yourself and take that money. Regardless of how low or high is that, a profit is a profit no matter what you're thinking at that time, you have to withdraw some for yourself or else you're just giving the casino a chance to take back what you should be yours.

It's still only 5 consecutive losses, many of us had much longer losing streaks. They say records are made to be broken, the records for the longest losing streaks are not something to be proud of, but they are here, and the more we play, the higher the chances are for new records.

After losing too much it's good to take a break & chill out... we can give it a try later with a cool head, that is better than tilting. I believe people who play with limited bankrolls and amounts they can afford to lose are accepting loses a lot better. Nobody is freaking out, it's just a bad day (they often come) and we know it will not last forever.

A long streak of bad luck does happen we have a saying When it rains it pours I experienced that myself I had two weeks of continuous bad luck it was depressing it was like a curse was cast upon you, but I soon realized that we have no control on how the games turn out in any games, whether it's a sports betting or a casino luck based game.

This is why we take it to heart that we should gamble with money that we can afford to lose and never chase our losses because gambling is full of uncertainty and our minds should be ready to accept whatever result it presented to us.

It was the odds then,

Well, odds are another way to play, to determine who is favorite and a little know your team. Though, the win market 1x2 haven’t been a most favored market to me of late. I understand that this is football and in football, anything can happen, those surprises from the underdogs are always there and so, I dangle around several markets.

The goals market have been one of my favorites in recent times and it has paid off on several occasions. Single games betting is good, it reduces your risk taking to just a single game and even better still, not having to play multiple in just a day. I’ve had to do that a couple of times though but not up to 5 games. I haven’t got to lose 5 games in a row, no. I often win a couple of my subsequent games in the event of a previous loss and it often helps my recovery.

Winning bets Isnt easy as it appears in first apporach. We know all that France Is a better team then Canada but this doesn' means they Will able to win all matches. If this happens... These events are not just quoted...

Best solution to losing streak Is easy. Take a pause. Enjoy your free time. Take a long break too if needed.
Never try to recover your loss.

Such days are normal and they come once in a while in a gambler's life that you can't just explain why it happened. You will be amazed that big teams that are expected to win are losing. However, having said that, I will still say that qualifiers are always like that, they spring upset most times and you see big teams struggling to win convincingly. Qualifiers are different from club matches rather they are matches played between teams of native jurisdictions and you see small teams that you perceive as weaker to perform beyond your imagination because they already understand the big players in those countries.

5 losing streak is not that long. I encounter more than 10 long streak with +100$ bet each btu still I managed to overcome this loss by consistent on my bets and disciplined.

The trick is you should bet using amount which can last more than 20 loses so that you can still have a chance to recover your loss when shit happened. Just rest for a while until your mind was clear and start gambling like you reset yourself without thinking your past losses since the game will always will always balance the lose/profit margin with slight difference to loss.

This is same idea when you are already winning big, you should stop or slow down since losing streak will come surely on you.

It’s good that you manage your risks, because many players do not do this and would bet their entire deposit equally on all these matches. Of course, there would be nothing left of him; this is a clear example for many of what can happen if the bets do not win. I have moments when I bet on several games and am almost sure that I will win, because I often choose matches that I am confident in, but they lose in the end. I would also say that you cannot be sure of any bet, because everything in the game can change at any minute and the game will go according to a different scenario that we do not expect to see.

Smart players came up with the idea of ​​observing risks for deposits, this has been known for a long time, but it is difficult to always adhere to this rule, because at some point the player will want more and he may break down and bet everything on one match, I am absolutely sure that no one needs to do this , because the loss of the deposit will happen faster than I have time to finish this post. 

I have not had such an exact experience before because I am for now more into casino games like Plinko, Dices, and Mines, instead of going for Sportbetting. Though, I have got an experience on suffering a losing streak on dices which I can share.
I was basically rolling dices using a moderate wager and multipliers which favored me slightly over the house, so even though I was aware I could lose a couple of times, I was also expecting to see dices to roll in my favor a couple of times (hopefully often enough to have some profit). After I started it turned out I got around 4-5 consecutive losses with that moderate wager and multiplier.
For a moment I felt tempted to chase that money but I contained myself and just logged out and took a rest off my computer por the rest of the day.

I felt bad for a couple of days, but I moved on. In my opinion, the key is to take a rest and not to chase any lost money.

I think I've been in a position where it's worse than that.
If I remember it right, it was the last season of the NBA or maybe 2 years ago. It was all recorded in the NBA betting discussion thread where I think I am down by an 8-9 losing streak.
But I don't chase losses by adding more money to my bets. I try to win more than what I lose. If I am 3 losses then I must at least get 4 wins and I don't rush it. Just the same as the flow as how I lost it all.
Because I know for myself that is where it goes all wrong and I never want to be in that position again. We are going to lose more if we make mistakes like doubling our bets the next time because there's really no assurance on the results of the game. Might as well just bet the same amount and enjoy watching it live.

No. But I have bet a parley that I lost 4 out if 5 matches. I prefer single matches also which makes me win more than lose. I am not saying I have net profit though. I do not know how to predict countries matches the but I prefer club matches. I do not have a losing streak in a way that I will be losing continuously. What makes sport betting not that pay is the low odds. Most of the odds gone for a always lower than 2. I do not like country matches because they are hard to predict for me than club matches.

Loosing streak can be very terrible for a gambler and worse when risk management is not in place. I have experienced it many times and I try never to be in such situation again. I have been a able to find a way of retaining my sanity whenever I find myself enmeshed in loosing streak. I apply the pattern of reducing my gambling amount by half whenever I lose 3 rounds in a row and when I get to the 5th loss in a raw, I take a break. It can be few weeks break or few days break but I will stay away from gambling for a while to put my psychology in check. Others might have their ways of handling this, so I hope to learn too.

For the majority of people in the gambling world, it's not always easy to handle a loss, let alone encountering a losing streak up to 5 times and above, This scenario happened recently, during last week, I chose some games that ran from last week down to this week and all my games was in the red, as the league competitions and the European football season of 2023/2024 has just ended and the games we have now on going happens to be the world cup qualifiers games and the international friendlies; However, I'm more of focused on football betting, so the teams I picked to win were,

Egypt to win,
France to win Canada,
Switzerland to win Austria,
Portugal to win Croatia and
Sweden to win Serbia in their respective games,

And reason to select these teams was that I was actually targeting odds that came up a bit, Well, to my latest surprise none of these games were in the money and I can't really recall the last time I had such a losing streak, and the annoying part was that I didn't place this game on same slip, it was a single game all through and secondly some had different match date.

Now, assuming if I happened to be someone who doesn't manage risk or go way above my budget, this would have wrecked my betting balance.

Lesson so far, the need to manage risk is highly recommendable, stick to plans and never go above your plan, all this while my profits have been much higher than my loses, but a single week took the majority of those profits, Therefore, even though you are these profitable person in gambling just as I have been all this while, there may be a rainy day for you and what would protect you are these strategies in place.

Have you had this experience before, and how were you able to manage/handle it?