Topic: If we lose in gambling, what do we need to do? - page 14. (Read 4143 times)

Those who can't listen to advice from other people when gambling, of course they have placed very high hopes on the bets they play, so when someone gives them good advice, they won't accept it, they don't even listen to the advice that other people give. as you said, they only think about getting back the defeat they have experienced and it is very unlikely that they can get it.
If we can refrain from gambling as you say, we certainly won't experience greater losses and very few people can do that if they are already addicted to gambling.

The best way forward is of course stop or control it.

It's similar to alcohol in a way.

What would you do after a massive hangover?

You could quit, or you could try to control it.

Most addicted people though will continue with the same behavior.

You have a point when you say that, but the problem is that most people are just stubborn and don't know how to listen to what some say honestly. The others don't stop immediately because this is often done by some who are still trying to chase the amount of what they have already lost.

It's really very simple: when you're really caught playing, you should stop first, and what some say is right: just come back another day, and maybe on that day you might get lucky. It's like that in gambling: there are days when we are lucky and there are days when we are unlucky.

That's what the casinos want you to have as a mindset, always chasing losses because with more losses means that you're going to get more desperate and those people have the worst skills of them all since they can't think straight and they don't know how to stop, they're the reason why casinos are still such a good business to go into, the money will come to you and all you need is proper management, enjoyable hospitality, and the right connections. It's easy to say that you can stop whenever you're losing too much but you've got to understand that you're going to need more than the talk that you can stop whenever you want, you're going to also need to have the discipline to do it, without it, you're just never going to get your life going.

A gambler must always know when to draw the line even in the middle of a winning streak as much as it's also important to know when to draw the line in the middle of a losing spree.
A lot of people of who loses more often in gambling are mostly those who do not know when to take a break, it's not as if they don't win more often, they do but for somewhat reason, they still gamble away their wins with hopes of winning more, and after they've lost their wins for the day, some go home with nothing but regrets, while some decide to chase the loses, I believe we already know how the both stories would end.

Gambling can indeed disturb our thinking, with us ourselves having an alibi and purpose for the gambling we do, if the aim is wrong, it is very possible that it can influence our thinking to become messy, such as wanting to continue gambling because we want to win, which is the goal of most people. who gambles is to win. The defeat that occurred made them want revenge, with the main goal, I'm sure, being to make a quick profit, so that when the money they bet on was lost they couldn't accept that.
with the fact that the house always wins, in my opinion it is not a bad reality, because it is already a decision that will happen, with players who only play hoping for a profitable win, they are not aware of the risk of loss or losing money which is certain, there may be some gamblers who are aware of this, but it can still be defeated by the thoughts of those who want to get a profitable win, so they still insist on gambling. I agree with what you said, friend, gambling cannot make money quickly and is uncertain.

If you lose in gambling, you basically had to accept that the odds were stacked against you mathematically from the outset and it was a near inevitability that you would lose. Given enough time and if you keep on playing, you will eventually lose all money to the house. It leads back to the obvious, Vegas was a town built from people losing money and they have some of the most extravagant buildings and shows ever created - hell they are so confident that you'll hand over everything they'll even give you free drinks as you play, as those drinks cost a tiny fraction compared to what a regular player will end up losing. People have a nasty habit of chasing losses as well, which can often compound the problem.

Withdrawal of winnings is one of the most common challenge of a certain gambler because you cant really be able to make yourself not to think that what if you would be able to win up more bigger?
What if you are still having that luck with that next roll or bet?. For sure these would really be things that would come up into your mind on the time that you would be finding yourself on a winning situation and since human beings do loves money and when greed kicks in then this is the hardest part to control and tell to yourself that you should stop and make cherish of those winnings that you have got.
The main issues of gamblers is that they do become that extremely greedy on the moment that they are on the situation that they are winning. They cant really just that be able to stop and cant really be able to secure those winnings but rather they would really be losing it back into the house or gambling platform again on which this would really be a never ending cycle for gamblers all the time.

Instincts are sometimes overpowered by the desire to get another big win, even though when someone has had a lucky enough moment in several wins then they should be able to stop trying to withdraw the proceeds from that win. But unfortunately greed which involves lust makes it difficult for people to stop and instead they try to continue and in the end have to accept defeat and previous wins are lost.

There is no way to recover losses in gambling and otherwise we are unlucky at that time. What we should do is stop and continue gambling the next day. That's why we need to approach gambling responsibly so that we don't experience huge losses after getting a few wins.

We have to calm ourselves when we lose in gambling, we will not be able to stop gambling if we are still on standby in the gambling place or we are still active in the gambling account and you will potentially play other bets, so the wise step is to leave the gambling area and we have to go elsewhere to relieve anger that can trigger higher losses.

Actually, we don't mind the losses from losing gambling if we have set a budget limit for gambling, the fact is that many gamblers don't consider gambling for entertainment but they want to get passive income from betting, but the hope of increasing income from gambling will never be realized unless the losses will be come any time.

Your first two words better explains the behavior of some gamblers acting as though gambling is some sort of activity fueled by revenge. They think the house is responsible for the incurred loses, but that's a lie. Every gambler is responsible for whatever result he gets in gambling. Neglecting the need to take responsibility helps a gambler to face problem gambling. Trying to beat the house is a wasted effort and could lead the player towards more losses. Most players seem it normal to behave this way because of how lowly informed about gambling they are and nothing ever stops them from going after their lost money. It's a wrong move to always chase the losses.

When losing in gambling it's crucial not to go further, the best idea would be hitting the quit button and try another day. It feels bad though and anger could erupt from losing lots of money, but it's safer to go with more money left on us than losing out all the money in a single session. Gambling is a recurring activity and next time we'll want to wager again. If nothing is left on us, we can't gamble again next time. Hence, managing our funds is the right thing, so that another session can be held few days ahead

Revengeful gambling is what gamblers are frequently warned against because it leads to frustration and addiction. In gambling, every day is not a lucky day; some days could just be so bad that you can lose all your money without a single win, and some days too can be so good that you will have multiple winning streaks. So, if anyone goes out to gamble and they don't see the luck coming so often, it's better to just stop, or you should only spend the budget you have for that day, and if there is no luck, just take your leave and try again next time when you have some funds to gamble off again. 

Losing money gambling can be a painful and challenging experience. When you find yourself down a lot of amounts, it's natural to feel desperate to win it back. The temptation is to continue gambling, thinking you'll recoup the losses if you just keep playing. However, this is rarely effective and often leads to even bigger losses. But in reality, those losses are already gone, and chasing them with more bets will likely dig the hole even deeper. Work at your normal job, budget wisely, and rebuild your savings through steady, predictable income rather than high-risk gambling. Stay positive, focus on the future, and find happiness in other areas of life.

You're not wrong for saying that fortune favours the bold and taking risks could actually lead to success.
But need I also remind you that prudence and caution are key towards maintaining a good and healthy gambling lifestyle. At all time one should always be reminded never to risk what he can't afford to lose, which is a cautionary reminder about just how risk management is to a gambler.
The ability of a gambler to manage risk and apply caution determines just how healthy and safe he is.

For every wrong action and decision taken in gambling, there's a corresponding consequence, so it's very important as a gambler to always weigh the potential rewards against the potential risks and always consider the consequences of your actions before taking them.

You say that many people consider casinos a place to make money. I'm interested to look at those people who count there. Yes, you can definitely make money there, but the chance of losing money is much higher. If casinos weren't profitable, they wouldn't exist.
In response to your request, I will say that casinos, slot machines, bets, etc. should be considered exclusively as entertainment or a hobby. Accordingly, a person usually spends on a hobby the money that he can afford to spend irrevocably. It is also worth doing with gambling, if you spend money that you can easily lose, then you will not have problems. If you spend important, large sums of money in an attempt to get rich, then this will not lead to anything good.
You asked for advice, I’ll tell you, draw conclusions, analyze what was wrong and why you allowed yourself to use a large amount of money and next time either don’t play or spend a small part of your main income

Some gamblers gamble with more than their initial budgets which in most cases is caused by their refusal to quit after they must have lost all the money they initially budgeted before engaging in their gambling activities. After losing more than they can emotionally handle, they're always left in confused state which in most times they try to question themselves on what to do in other to heal from the emotional trauma that was caused by their heavy loss. That is the reason for this particular topic and it's expected of anyone that's had such experience in gambling to use their experience and offer lasting solutions to such incidents.
The first time I lost huge money in gambling, I became deeply depressed because the money I lost was supposed to be used for something more meaningful. It was a very close friend of mine who had experienced such incident in gambling before that asked to assume that I was robbed of the money but was able to run away from the robbers without being hurt, I listened to his advice and got a bit relieved. It took me over two weeks to get over it but have never for once gambled more than my budget again

You are absolutely right and I agree with you completely, but however, you should understand that it's naturally hard for one to be disciplined well enough to start such a plan and keep to it for a long time, as you will agree with me that, its actually very easy to start something, practice that thing for a weeks, but then a matter of a month or Goin to two to three month, it's hard to find one who will still be practicing that thing, most especially if it's something that relates to gambling, something the person is practicing for the sole purpose of helping them manage their funds better in gambling.

I had a friend when I was working for salary in one of the companies in my city here, he was a frequent gambler, and one time I asked him how he manages to have fund for gambling even wit the very small salary we were being paid, he told me that about a week before, he started removing a certain amount of money from his salary and reserved that for gambling, this he said he did every month ending, and after 2 months or so, I asked him if he was still putting some money away for gambling, he told me that he already stopped, that he only did it for the first month, but realized he couldnt coup with the idea by the second month, so he stopped.

Such things as this are naturally hard to keep doing for the long term, it requires a lot of discipline to keep up with.

Sure, because after all it's a fact that everyone has different luck in life and in whatever they do, but unfortunately most of them don't understand the concept and the way luck works which is why they just keep going on and on in order to get bigger winnings like other people, and if this is your approach to gambling then I would say that when you see other people's winnings that are much bigger then surely you will also have the feeling to get the same amount as them.

This means that this approach to gambling involves “desire” and there is usually no limit to desire, as long as you see it then you will continue to want something bigger, and it is clear that this is a mindset and approach that will actually only lead you to more regret. So from now on it's better to always be content especially when you manage to get some winnings, don't look at others and as you said here that we should be proud of our winnings, and I will tell you that the key to being able to have this kind of approach to gambling is to understand what gambling is really about, not just focus on the chances of winning but also look at the risks.

Gambling in a way that will always make you happy is the best practice and not to gamble and start feeling remorse of your actions, because you did not gamble with the amount that will not affect your emotions. Having a gambling budget is the best and the moment you have exhausted the budget, you should know that it is quitting time and you gamble only when you have refill your gamble budget.

That is correct but to counter it also fortune favors the bold or if you don't risk it don't win it are also correct so it all depends on the point of view of the gambler or person involved in the gambling activities.I mean it would be great if most persons thought about the first option and they put a limit on their money that they will spend in gambling before they put them in and stick to it rather than the 2nd or 3rd option but unfortunately the reality is that most gamblers go with the 2nd or 3rd option and they have these statements as their leader thus leading to brutal loses in most of the time during their gambling activity.

We should all fight to bring as many people to the first way of thinking and that is you put a limit and you try that,whatever happens you then immediately quit that session.