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Topic: How you can benefits from your loss ? (Read 558 times)

full member
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April 17, 2024, 12:46:09 AM
#67

Hi everyone ,

I have previously seen articles about the mistakes that some gamblers make, especially when they lose a bet, as they try in every way to remedy the matter. The same thing happened to me before and many times, and this is what often leads to greater losses.
what remedy? chasing losses? then that is the most stupid way to gamble
because the very moment that you have lose your initial capital that is the moment
that you should consider leaving the table for a while and try different things or try
different strategies  because you might not be lucky in this side .

 
Quote
As gambler How do you deal with loss?
i only use my capital and when I am done then that will be the time of letting
it go , same thing if  doubled that amount? then I will also  leav the table as i don't wanna be greedy to seek for million dollar wins.
full member
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April 14, 2024, 03:15:08 AM
#66
I know for a fact that many gamblers have this go big or go home kind of mindset. They believe that if you are not going to win, then it is pointless to play. Winning is the absolute goal.

Gambling is not really an activity I would say that needs studying and improving. To say that losing is okay since you learn something is a bit of a stretch. You are losing money and you need to accept that. I am saying this because someone might be losing big time but they still think it’s ok to go in because they’re “learning something”.
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April 13, 2024, 02:33:16 AM
#65
We need to learn to control ourselves to benefit from our losses and another bad habit we have is negative self-image. Such negative self talk only leads us in one direction and that is to give up. But if we give up we will not be able to do anything good right so if you want to make a change in life think of negative thoughts as positive. believe in yourself Maintain your confidence and develop a positive mindset.
hero member
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April 12, 2024, 07:16:49 PM
#64
I deal with my loss as if that's not a part of me that I have decided to say goodbye forever. That's how we must deal with our losses because no matter how badly you want to recover them, you'll not be able to recover them asap.

The benefit that one can take from there is also that life is going to give you bad days and you just have to bear with it. Accepting it won't make you feel less but it will teach more lessons.

So, take the losses and feel it until you decide to stop or proceed. Everything that happens to you comes from you.
newbie
Activity: 56
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April 09, 2024, 06:56:42 AM
#63
Everyone need to know their self and learn ,I have learnt my leason about my lose some years ago ,so I know how to manage my self and control my inner self too
The benefit I have gain in bet I almost bet all the weeks but due to what happened to me that I lost huge amount of money,my interest in game reduced,I hardly play bet again , because it really teach me a lot ,is a very nice learson I have learnt about bet ,is a good benefit to me because I know that bet is nothing but luck ,so I have benefited from my lose,I also know that I would have been rich but just a space of 2 minutes everything crashed I don't longer make mouth anyhow because I know that this world is not easy,that is how life want to teach me ,so that I can learn how to be humble in many ways , with this I have benefited on my loss ,for I don't know what would have become of me if I won the game actually,God blessings is in different ways,maybe it wasn't the will of God for me to get rich that way but let his will be done in our life .
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April 08, 2024, 11:28:43 AM
#62
So really the lessons someone must take from losing is that one should never overdo it with his bets.

I think there is no doubt about this your statement as it stand to be real facts, in as much bet is concerned. Betting or gambling contain loss there is no management that can be able to solve the problem of the loss if you have not balance the loss at the initial time through cutting down any financial involvement that you can't withstand while generating the bet odd.

It's actually clear that anything that goes out of moderation is abnormal, therefore where loss is involved one must seek moderation  because absence of it remains the lesson as alani123 stated.
legendary
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April 07, 2024, 06:49:06 PM
#61
As gambler How do you deal with loss?

Losing is something normal for me, I don't think all the time about why I lost, I look at my loss as something that was already expected to happen, when I make a bet I count it as a greater chance of losing than of winning, this way I prepare myself psychologically so that when I lose I don't think about my loss, for example today, I lost my bet on a Liverpool game against Manchester United, I had bet on Liverpool to win, but unfortunately I lost my bet and as a consequence I lost money . but this is something normal, if I had been lucky, then I would have won. The most important thing is that I have other things to enjoy in the real world that don't make me think about gambling all day. When people start playing and have fun playing, then even when they lose after they finish playing they won't be sad, they won't be depressed, they will be having fun with other things in the real world, it's important to have lots of things for people to have fun with.

The only time for me to take loses as a benefit is when you take the lessons that comes along with the long with the loses such as the mistakes that leads to the loses and how best to handle such mistakes in the next bets, because at that point it becomes clear to the mistakes and steps that lead to that loses and for sure it better to learn the lesson from all the happening around the gambling scene that makes up for the overall experience that the gambler gathered.

In gambling that depend on luck, such as slots, people don't use any strategy, so losing doesn't help the person crying or complaining or thinking that they should have played differently, because they are games that depend on luck, the person should just play. with money you can afford to lose and when you play you should have fun. By this I mean that in most gambling, when a person loses, it is unlikely that the person is gaining any experience.
legendary
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April 07, 2024, 06:17:06 PM
#60
Indeed so called "strategies" in chance based gambling about adjusting your bet to make back your losses are quite ridiculous in that it's entirely possible to lose everything this way unless you have unlimited amounts of money and the casino has infinite max bets. Cheesy If you make tons of bets, you're bound to hit many losses in a row even at high win chances. The chances have no obligation to be on your side really so anything could happen, especially if we're talking random chance.

So really the lessons someone must take from losing is that one should never overdo it with his bets. If you lost more than you were expecting, it's ok to stop. But a budget on a weekly or monthly basis and never go over it with your losses. If you put aside x amount of money maybe you can afford losing let's say 10% of it. But don't deposit more. This is what has the potential to ruin you. Not losing a bit of pocket money, but trying to get it back "safely" with huge bets.
legendary
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April 07, 2024, 06:12:45 PM
#59
-cut-
As gambler How do you deal with loss?
Difficulty to process that is easier to understand when we realize that we are really unequipped to deal with winnings either. Feeling from winning is obviously easier to handle, but it comes with an expection that we would eventually win anyway, so winning is kind of relief. And when we subconsciously assume that we are going to win, it means that in our head we create this feeling of entitlement or feeling that we are owed to. That's why we aren't really mentally prepared for the loss.

It just feels wrong, and many people can't seem to understand why they keep losing. From these people we hear these crazy ideas that we should just play more, or what we should loan money to jump back into profits, because they think it's just a matter of time. It's not. It's a matter of probability, which is very different thing and is usually misconstrued equal to matter of time.

Short answer is that my process is that i avoid situations where i would spend so much, that i would have to deal with those feelings, as i don't deal with them well either. But i do process them by acknowledging that those feelings exist and just FEEL them, like mental health experts recommend, so that those feelings don't control me after that.
legendary
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April 07, 2024, 05:37:19 PM
#58
In gambling, losing is something we often experience, because winning in gambling is not an easy thing, especially if it is a big win. But apart from that, it all comes back to each individual in managing the gambling activity and in managing the winnings obtained. Big wins are quite difficult to get, therefore, when we are given this opportunity, take advantage and use the results of the victory as best as possible for things that are more useful and meaningful. Because not a few people, who get the opportunity to "achieve a big win in gambling" instead of making a withdrawal, they actually lose the results of that win by continuing to place bets with an even higher amount than before, because they think that winning and Luck was on his side, he hoped that he would get a bigger victory than before. In the end, the results of the victory could not be enjoyed, and the shadow of regret continued to haunt him all the time.

That's right, because losing is a possibility that will definitely happen wherever you gamble and in any type of gambling, because as we know that gambling is about winning and losing, it's just a matter of those two possibilities where we all will never know when we will be able to get a win especially in large quantities, meaning yes as you said if for example we managed to win in any amount then it is definitely a good idea and advice to better not waste the opportunity by cashing out as soon as possible before luck finally disappears and makes you lose again.

I don't think winning is difficult but getting the luck is because winning always depends on how lucky you are at the time of the session while the way luck works is always on an "occasional" basis that comes by chance and can never be known. This means that we must have the ability to ignore greed, do not assume that the winning situation is an opportunity to pursue recovery, because in some cases usually such a mindset will only lead you to regret because you lose all the money you have won before.
full member
Activity: 560
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April 07, 2024, 05:23:08 PM
#57
If you are gambling and you want to benefit from your loss, you need to be using very small amount of money to gamble if you like gambling. So if you make money or you are losing, you are benefitting from gambling and that means you still benefited from losses even if you are not winning.  Cool

You earn $250 weekly and you are using $5 to gamble weekly. That is an example.
Apart from using small amount of money to play gamble, it will also make sense after a lose to give some break. Having break after a lose can help one to gather his/herself financially and emotionally to start a new game with a clear mind. Some people play gambling with a small amount but the frequency which they play is very high. They can play gambling always with no break and if you calculate the money that is used to play gambling despite it is small, when it is accumulated it is a huge amount  of money.

Having a break in gambling is a way of benefiting from your lose and also playing with a little amount that you can afford to lose. When people lose in gambling it is just important for them to give a break, it will do more good for them.
sr. member
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April 07, 2024, 05:19:28 PM
#56
I see nothing in one benefiting from their losses except they go back to their board and develop a new and good gambling strategy for the game for which they had lost.
If as a gambler you lose game and after that you decide to go improve your game skills as it relates to that game, I can say that you are learning to not fail again in that game or you are perfecting your skills in playing that game so that you do not fail again.
If you had played and lost a game, you can sit back and try recall how you started playing the game, recall the possible mistake you think you had played that likely resulted to you loosing the game after that, you start developing patterns that could be favourable to you when playing so that you do not make any silly mistake again. I think by doing so, you can say your loss made you develop a good gaming skills which is beneficial to you and friends.
hero member
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April 07, 2024, 05:08:43 PM
#55
Not everyone succeeds in overcoming their losses, actually what gamblers need is self-awareness that gambling is not a way to make money and there will definitely be more losses and defeats, many people don't realize that, we are not talking about just losing and winning, but recognition and self-awareness that gambling has a big risk of losing money and don't focus on making money, don't gamble if you don't want to lose and lose money, that is the choice and awareness of each person who has chosen to gamble.

If they are ready to gamble then they are ready to lose and lose, so why think about how to make a profit from our losses in gambling, it is clear that the dealer will always win and not many people succeed in making money from gambling, let alone making a profit from the losses they experience, most people actually feel pleasure when gambling and not just trying to make a profit there, the same thing I do is gambling for fun, not to look for profit or money, to gamble you have to be ready to lose and lose so never gamble if we are not ready to lose and lose, we are free to choose and no gambling will force us to gamble.

That's what gamblers need, especially gambling addicts, they tend not to realize that the gambling they do is too excessive, even though the gambling they do always ends in defeat, they still gamble because they only think about winning. They have to realize that gambling is not something that can make money for sure, they can make money for sure by working in real life. It's true what you said, don't gamble if you're not prepared to lose money, which will definitely happen in gambling.

We should do this gambling with the feeling that we are ready to lose the money we bet. It is not true that we gamble but we are not ready to lose the money at stake. be aware that gambling is a game that only drains our finances, don't just think about winning which is not certain to happen. Therefore, don't hope or think that you can find or make a definite profit by gambling, it is better to realize that gambling is only for entertainment.
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April 07, 2024, 05:01:25 PM
#54
As gambler How do you deal with loss?
There is no 2 ways about it. Whenever you lose you have to accept defeat and move on by continuously playing. Though that does not mean you will not play with caution. Gambling is a game of luck. Most times when people loss they panic because they think they have lost it all forgetting that some days are good days while some days are often bad days. When the bad days come we accept it when the good days come we also accept in good faith. So how I manage my loses is that I keep calm whenever I loose, and look up to the future.
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April 07, 2024, 04:54:07 PM
#53
None of us sees losing as a normal thing, even in the simplest things.
Nope, actually most of us see that losing is a normal thing when you gamble and it's the same with investing. When you put some bets that you're willing to take, then it clearly means that you're willing to take the risk and risk comes with a potential win or lose. But in most cases, we see that losing is normal to each and everyone of us as we know gambling is like this. That's why if you're saying that losing is not seen by most of us as a normal thing then you're probably not gambling at all or don't take risks at all.

The majority have the mentality of a winning , and this is normal because this is human instinct, and losing always negatively affects how the gambler thinks and the ability to analyze the situation, and it has the ability to destroy all positive ideas and make the gambler frustrated.
I agree that this is the majority of us. Despite that losing is also normal, the mentality that we have about winning is normal as well. Nobody wants to lose but it's just that the expectation of many of us is already on that point that we can actually lose when we gamble and that's the acceptance that we're having as we gamble. Normally, when a gambler wins then that adds confidence to him and he wants to gamble for more to see that satisfaction that he's looking at as he gambles but then, when losing has come. You'd see this winning gambler will start to just look frown but accepted that it's a normal thing to lose.

As gambler How do you deal with loss?
There is no need to deal with it. Acceptance is what you must do in all of the results that you'll have, whether you win or lose as long as you've been accepting outcomes and you're not expecting a lot when you gamble should be the norm. And with that norm, you learn something new that you'll apply it to yourself or in life or simply in gambling.
legendary
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April 07, 2024, 04:42:31 PM
#52
I consider each loss or mistake in gambling like a lesson. The price for the lesson is the amount that I have lost.
I will not regret too much any loss just because this is an amount of money planned for this kind of expense.
There is not much to deal with a loss... thinking too much on it is never useful.
hero member
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April 07, 2024, 04:29:16 PM
#51
The only time for me to take loses as a benefit is when you take the lessons that comes along with the long with the loses such as the mistakes that leads to the loses and how best to handle such mistakes in the next bets, because at that point it becomes clear to the mistakes and steps that lead to that loses and for sure it better to learn the lesson from all the happening around the gambling scene that makes up for the overall experience that the gambler gathered.
'
Learning lessons from it would really be the only benefit that you could really be able to have speaking about those loses, this isnt really just that limited on gambling field but also in other things or aspects in life as well
on which loses or failures is something that would really be making you even more wiser and aware on the things that you've been trying to deal with.

If we do speak specifically on gambling then loses are inevitable, this is part of the game and something that it would be always be. It would really be just that depending on you on how you would really be trying out to less those loses but this is only possible via with those games like sports betting and other card games like poker on which results would really be only determined on how well you are
on dealing up with these things and would really be able to adjust it out but of course these things cant be applied when dealing with pure luck. Everything or outcomes will always be determined randomly
whether you are lucky into that particular moment or point.
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April 07, 2024, 04:19:39 PM
#50
The only time for me to take loses as a benefit is when you take the lessons that comes along with the long with the loses such as the mistakes that leads to the loses and how best to handle such mistakes in the next bets, because at that point it becomes clear to the mistakes and steps that lead to that loses and for sure it better to learn the lesson from all the happening around the gambling scene that makes up for the overall experience that the gambler gathered.
legendary
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April 07, 2024, 03:42:42 PM
#49

Hi everyone ,

I have previously seen articles about the mistakes that some gamblers make, especially when they lose a bet, as they try in every way to remedy the matter. The same thing happened to me before and many times, and this is what often leads to greater losses.


None of us sees losing as a normal thing, even in the simplest things. The majority have the mentality of a winning , and this is normal because this is human instinct, and losing always negatively affects how the gambler thinks and the ability to analyze the situation, and it has the ability to destroy all positive ideas and make the gambler frustrated. It puts him in a spiral of remorse and heartbreak over what he lost, but if we take it from another perspective, we can benefit from it. The first thing to do is to bear it and realize the matter as it is, and that gambling, when we talk about money in the same way as the pleasure found in it, always gives us the same two options: either winning or Loss, and in such matters, we must know that the ability to restrain emotions plays an important role in such situations , anger and heartbreak will make things worse, and taking time out to analyze things will be the best option.We must know the mistakes we made and analyze them, study the strategy we followed and change it if it is not in line with the results and the course of the game.. , there are many options that can help us .

Gambling is based on losing and winning, and if you lose, this does not mean that losses will rain down on you one after another, but you can cause yourself greater losses and you will be the first reason, or you can benefit from them and your mistakes and make them a good reason for your next win.

 This is my just own opinion and based on my few experiences in this field ,
 
As gambler How do you deal with loss?

There are many different forms of gambling and you have to adapt your mentality to each scenario. If you're a poker player, you will have the same random luck as everyone else on the table but through psychology including bluffing or being able to read other players, you can use any cards you're dealt to a different advantage - sometimes you'll even profile people at the table which can help long term profitability. If you enjoy playing slot games however, you have to understand that each play is entirely independent of all past or future plays and the mathematical odds will reset, in that scenario the casino will always have the advantage over you the longer you play.
legendary
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April 07, 2024, 03:26:54 PM
#48

Hi everyone ,

I have previously seen articles about the mistakes that some gamblers make, especially when they lose a bet, as they try in every way to remedy the matter. The same thing happened to me before and many times, and this is what often leads to greater losses.


None of us sees losing as a normal thing, even in the simplest things. The majority have the mentality of a winning , and this is normal because this is human instinct, and losing always negatively affects how the gambler thinks and the ability to analyze the situation, and it has the ability to destroy all positive ideas and make the gambler frustrated. It puts him in a spiral of remorse and heartbreak over what he lost, but if we take it from another perspective, we can benefit from it. The first thing to do is to bear it and realize the matter as it is, and that gambling, when we talk about money in the same way as the pleasure found in it, always gives us the same two options: either winning or Loss, and in such matters, we must know that the ability to restrain emotions plays an important role in such situations , anger and heartbreak will make things worse, and taking time out to analyze things will be the best option.We must know the mistakes we made and analyze them, study the strategy we followed and change it if it is not in line with the results and the course of the game.. , there are many options that can help us .

Gambling is based on losing and winning, and if you lose, this does not mean that losses will rain down on you one after another, but you can cause yourself greater losses and you will be the first reason, or you can benefit from them and your mistakes and make them a good reason for your next win.

 This is my just own opinion and based on my few experiences in this field ,
 
As gambler How do you deal with loss?

Personally I used to deal with lost games,sessions one after another as I was gambling responsibly within an already allocated budget for gambling.The problem was that one time not long ago I lost a huge amount,2 months salary within one hour by playing slot machines led by greed that if I win it big I will most likely win a life changing amount.That was plain wrong because no one is there to let us make money,the people who make money are 1 out of 100000 people in gambling and honestly in percentage talking doesn't look like it is going to be one of us against 100000.

That is why I have stopped gambling from that very moment when I realized odds are totally against me.
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