Topic: If we lose in gambling, what do we need to do? - page 18. (Read 4207 times)

I have never gambled with big money. I think a person who loses big money in gambling will gamble with big money to win back the money he has lost. I think people who gamble with big money are people who have lost control and once you lose control you can lose control again. I think I know how to stop, but I know that one day if I don't stop myself I will lose. If something like the example you gave me happens to me, I will try to stop myself.

Just as many people have said many times and I agree with what they have said, gambling should not be about profit, there are no profits in gambling in the long term, there are very rare cases of people who started playing and managed to stop playing. instead of playing and left with profits that they can live well thanks to those profits. Those news stories that we hear on TV and newspapers sometimes saying that a person bought a lottery ticket and won a lot of money to the point of being considered rich, are stories that don't happen to many people throughout the year. and see that you will hardly hear on TV or newspapers talking about someone going to a casino, playing a slot machine or placing sports bets and winning a lot of money

Most of the few cases of people who left the casinos rich were playing some card game and are very rare cases that have happened over the years. So people shouldn't keep thinking that they have to take risks because in the long run they will be rewarded with profits, because they will be fooling themselves, gambling is just to be seen as fun, nothing more than that. when people buy food in a restaurant, people know that the money they paid for the food in the restaurant is money that will never come back, so that's how people should look at gambling, people are paying in casinos to have fun playing

True, because it is a fact that a gambler is always advised or required to know when to row and when to pull over, no other than because it is only by this that we will at least avoid the various bad possibilities that exist in gambling, I'm not saying that you will never lose but certainly by applying limits to the time of involvement and gambling budget then obviously it can minimize the possibility of losing large amounts of money.

Another thing as you said is that applying self-control along with financial management is something that gamblers must have which has the same benefits as what I said above that the main purpose is to minimize emotions when losing so that we avoid various impulsive decisions that usually lead gamblers to more potential disasters. On the other hand, we also have to understand that gambling is actually a business for casinos, casinos take advantage of gamblers who always act excessively which will ultimately give casinos a lot of profit, so this is one of the reasons why we are prohibited from making gambling a place to earn, it is too dangerous and what happens is that you will only suffer a lot of losses.

On the moment that you do make out some deposit on the casino online then it would really be best that you should really be treating up that those money you had used are considered to be totally lost,
with this then you wont really be able to find yourself that being that too impulsive with your funds since you've been able to anticipate that those things are already that lost.

Usually it would really be just that a matter of someones discipline and control because if you dont have this thing and find yourself that being too impulsive with gambling and
doesnt really like to lose money then it wont really be shocking that you would really be getting these kind of complaints on why they do have lost money on which they dont
be able to realize that it wasnt really that a new thing but rather this is how gambling do works and its really needed that you would be making out that kind of realization on what it is
so that you wont really be having that kind of positive approach towards it.

You need to realize that gambling requires money just like other entertainment. Why fantasize if you can before starting a gambling session accept the fact that you will in any case lose this money as a payment for services.

If you think that you can enjoy the money lying in your pocket for a long time, you are wrong. Most of us enjoy spending money more than having it.

 At the moment of gambling session, you get emotions that are very difficult to get in other entertainment. This is why there are so many gamblers in the world.

If we have experienced a lot of losses in gambling, we should just stop, don't expect too much to catch up on our previous losses. This will make you fall deeper into the abyss of your losses. Emotional control and financial management are needed when we start gambling. We should play only for entertainment, not to earn a living. Basically the gambling owner has arranged everything for you when playing, even if you have good skills. Not a single bookie made him go bankrupt, which makes the dealer rich from your losses while playing.

In the end, gamblers have to determine what their goal is in gambling. Most of what we know is that they gamble only to get money and make a profit, that's why when they experience defeat they continue to gamble again until they actually lose a lot of money and of course gambling like that will only continue to benefit online casino owners. , more and more gamblers who play recklessly will ultimately experience failure and bankruptcy because they cannot control their emotions when gambling and continue to be curious about the gambling they are playing.

Online casinos are created as a place to have fun, but people continue to think of them as a place to make money and multiply their money, but in the end, many gamblers become addicted to the point that the online casino owner ultimately loses. Every gambler must know how, when they lose, they should stop gambling and Always make sure you gamble with money you can afford to lose, not gamble with money for your life's needs because that's the same as throwing away money that is important for your life, so it will ruin everything in the end. Gamblers must be aware that there are risks in gambling so limit the budget and gamble with money that is ready to be lost so as not to become addicted.  

Well, sorry but you are absolutely wrong, specially with the last part of your comment, winning in gambling has nothing to do with how much a gambler have previously lost to the activity, if things worked in such a way that, those who have lost the most to gambling tend to win more over time, I am pretty sure that old time gamblers (including myself) will just retire from whatever work or business we are into, and by now, just relax and reap the fruit of our long years of loses to gambling, but unfortunately, things don't work this way, it doesn't matter how well experienced you are in or with gambling, if you re not lucky, you will not win, it does not matter how much you've lost before.

So, the best advice for us to always mind what we do, and how much we spend on gambling on daily basis, monitor our win as well as our loses, know when we are already losing too much and taking a break, so as not to end up losing money meant for some important things; to gambling.
And most importantly, it's best to see gambling as a means of having fun, and not a way to make money, for in the end, the chances of a gambler losing to the casino is always higher, so, seeing gambling as a way to have fun brings better peace of mind.

The sad part of it is that even if you give them all the advice needed, they might not even use your advice, they will stick to their initial plans because they will see yours as waste especially when they don't win with such strategies. I just think that regardless of outcome from gambling, all gamblers should follow a definite rule by not betting more than the can lose, not borrowing money to gamble and follow risk management. With these, you absolutely have nothing to worry about gambling.

I have seen this guy that has said many times that he will never bet again anytime he lost to betting but as soon as money enters his accounts, his gambling mode activated and common sense will disappear, it wouldn't come back until he exhausted the money and then the circle continues everytime he has money.

Gambling is not as easy as we think and precaution is very important so that we don't end up losing more than we have to bet on. Many people are making mistakes because they are not ready to calm down and gamble since their motive is to make quick profit in the market. We need to be prepared to make money by taking the right approach so that we don't still lose in gambling. Those that are making money frequently in gambling now are those that have made sacrifices at the beginning and have lost money and now they are enjoying making money because they are ready to observe and taking the right risk that would bring more money for them.

First what's gambling? For me gambling is a place where you predicte games either you win or you lose. Before you think of going into gambling you should know that either you'll lose or win it's a game of risk. So losing when gambling it's a fixed thing everyone who gambles do lose but when you keep trying and keep up with your predictions you definitely win. I've some many friends who do gambles but few of them haven't win a game one day but the continue playing, why because they know they are spending money but they won't quit. For me what should be done when you lose more in gambling, your predictions are not good enough and you should change the ways you play your games. I do gamble as well but when I started gambling I lose a lot then a friend of mine showed me another pattern of gambling. It's totally different which other people don't know about. at first when you lose you'll surely get mad because it's money you're wasting.

Gambling it's smartness and when you notice that you're losing much please friends just try and hold for like few days and think of changing strategies in the game. Because it's a game of risk you aren't the playing it in reality.

And what I'll advise people that do lose most some times check the bet site that you're gambling with. Most of this site are not legit sites for gambling, you'll be playing but you'll never win a day. Because the more you lose the online casinos gambling sites increase with their income, so I think all of us are probably chasing the same thing because if you win you'll surely get your money more than what you gambled with. So you can't gamble and always think that you'll always be the winner, their are 1000% people playing every day and you won't expect that the 1000% will win. No always believe that the game is game of risk either you win or lose, but while losing don't get mad of yourself but if you see that gambling doesn't favour you please quit and find something else that you can use your money for. The most worse gambling that I'll advise people not to ever go in playing, it's visual. Visual for me visual it's away from gambling. Every day people do spend much on that.

I went to a bet niger shop I sew a boy playing visual and sweating very badly, he was very serious burning money and the worse part is that he haven't won a day. He just believe that he'll definitely win the game not until his money got exhausted while playing.

What pains me most about it, he went extremely too hard to himself even got to esteem of giving out his cell phone for a collateral. Just for him to win the game, for me I thought he have some debt that he needs to settle at that moment but he doesn't. People that's he normally gamble. So what thing about gambling it's not about being in a quickie mood of earning the money at that immediate moment. In gambling it's much more losing than winning so don't always believe that you must win, put it in mind that it's all about risking to win.

You wrote that there are people who also lose a lot of money gambling. I believe that we should not look at other people. We may not know anything about them. A person can afford to bet large sums on risky events on bets because he has a lot of money, another person has long lost a sense of control and does not manage his life, a third person can control himself very well, etc.
We should know our weaknesses and try to protect them. If I know that after a loss I always try to win back, for example, then I try not to place bets after I lose. In your case, you may have bet money that was important to you and you couldn't afford to lose. It is important to be able to analyze mistakes and losses

There's no two ways about this, since the op is asking about what should be done when we lose money in gambling, To me the best thing one should do here is just take a break, stop and re-evaluate your betting strategy , Try to study or know why you have been losing , if you are playing the right kind of game that you understand very well, because some gamblers just bet even when they don't understand how that particular game works, and lastly finding area of gambling you understands.

Using the word "earn" looks like a job you get paid for and I don't expect this idea from any gambling cause gambling is just a game where you get to win or lose unexpectedly so choosing gambling as a career is useless at this moment. Gambling has always been like this for long and nothing can change it, as a gambler you'll definitely lose cause there's no amount of strategy a gambler apply that can help except such day turns out to be a lucky day, I can testify cause each time I lose I get angry with the mindset of quitting gambling but I guess I'm still gambling probably I'm not ready but if gambling is not working for a person and such gambler need the win so badly I will advice he/she quit for a while. Quitting for a while is not so deep but what matters is our view and opinion about gambling cause your believe can determine what will happen next so if anyone is having this believe earning with gambling such person should change

One thing about the effect of gambling is the way we prioritize it, many see it as a good source of income or a good habit that can generate profits for them instead of doing jobs and get paid, all these are their lazy and poor standard of reasoning whereas a good winning streaks is not assured and this leads to them chasing after their losses  all in the name of making profits but personally I see gambling as something I do and should do recreational. Today I lost a bet, fine am okay with my loss because what I used to stake is an amount not worth affecting my state of good living.

I think it's also the same as your money was given to another gambler. From my obsession, I have come to think that as you are losing your money on gamble and another gambler is winning, the money that are being used to settle the winner is the money the other gambler (including you) have been losing all those while. A gambler should not gamble when he can not afford to lose what he have.

yes that's what Online casinos are like, especially if there are many gambling addicts then the profits of Online casinos will be more and more.
Those who profit in gambling will be lucky to have a chance to hit the jackpot or turn over their capital, but those who continue to lose will only end up with regret.

But keep in mind gambling has warned all that, it just depends on how gamblers do gambling as entertainment or as a place to make a lot of money or vice versa.

That's inaccurate. 1 or 2 out of 10 makes it 10 or 20 out of 100, and 100 or 200 out of 1,000. Do you think that 100 or 200 people out of 1,000 manage to make a lot of money from gambling? That is 20% of gamblers being profitable which can't be true because if that happens, casinos would go bankrupt in no time. Getting some profit and winning a huge amount are two different things, we might get lucky one day and be profitable, but that doesn't mean we are in profitable considering our overall gambling experience.

Barely 1 person out of 1,000 or maybe 10,000 manages to stay profitable in gambling and all others stay at a loss which is the reason why casinos are always profitable and this is because gambling is a business for casinos and it isn't a way for gamblers to earn money.

Actually, to get the answer to the question of what we should do when we lose, they can answer it themselves by applying rational thinking and consideration because obviously by thinking rationally, they will be able to make decisions that are in accordance with what they need. I understand that they want to get some good advice from the considerations made by everyone here, that's fine. But if we're talking about gambling then obviously it's best to quit, no matter if you win or lose, because whatever situation happens in gambling can always make us feel curious, simply put when you lose then you will be curious and when you win then you will be greedy. Although basically all decisions come back to each person but sometimes not everyone can really think rationally and make the best decision that keeps them away from more significant bad effects and I believe that the best decision is always about quitting in any situation especially when you lose, this action shows how wise you are in controlling things to keep everything in balance.

The three different steps you outlined for a gambler to take when he's losing have been in existence since gambling started but not all the steps are fair enough to be seen as a good option. Firstly, you talked about borrowing to continue gambling in other to chase his losses and that's the worst option among the options because when a gambler loses his money in gambling and opts to borrow, the chances of recovering his losses with the borrowed money is lesser than the chances losing. So if a gambler sees that as an option, he's very likely to end up losing the borrowed money alongside all the money he lost before borrowing. The second option of quitting gambling at that particular time to come back later is fair enough because it'll give th e gambler the chance of re-strategizing before coming back but if the gambler is always losing in gambling, your last option of totally quitting gambling is the best option for such person