Topic: If we lose in gambling, what do we need to do? - page 32. (Read 4176 times)

Correct.
Recently, I lost some amount that I regret. My only reason to gamble is to get that transaction fee for withdrawal covered so I tried betting again and lost a good chunk of that money that was supposed to be withdrawn. I never thought it would go south to the extent that I feel like I cannot get it back anymore and it happened.
It became a good lesson for me afterward. If one gambler is so positive that he wants to withdraw then do it quickly, don't make it difficult by deciding to gamble more just because we are being cheap about the fees. Most of the time it will not work out as we planned it and could be the doom of all the profit we earned so hard gambling hours just to get on that amount.
Withdraw if it's possible, do not waste the opportunity that was given because that is rare in the gambling industry.

If you still have a control over yourself, then the best thing that you can do is to quit, that's the shortest answer there is and I don't think that there's no better alternative than just quitting entirely thinking of all the losses you've got. Or if you're still in denial that you're addicted to gambling or that you're making an excuse to not stop gambling, the best thing that you can do is to continue playing or quitting for now and then starting over again next day to try and recoup your losses the last time by believing that you're not going to be playing as bad as the last time.

Probably you’re just an occasional gambler that’s why you can easily say to move forward after a loss. But for regular gamblers, once we lose, we try to make another bet hoping that this time will be a winning bet. However, I really believe that the best decision is just to accept the loss and just forget about it. But if you are already losing a lot, it’s either you chase your losses and recover what you have lost, or you just leave gambling immediately so you can stop yourself from spending more and losing more money.

As a gambler, it is very important to know that loses in gambling is nothing out of the ordinary, in fact, if anything is true, it is the fact that loses in gambling is just as normal as winning in gambling, so it is very important to prepare for both events, in fact, in order not to end up being very disappointed with the  outcome of most of the games you play, it is advised to prepare more for loses than winnings, for most gambler will surely lose far more than they win.

One way to be on the safe side is to obey the number one rule in gambling which is, to never gamble with more than you can afford to lose, adhere to moderate and responsible gambling, and i believe you will never have any course to quit gambling even if you don't win as frequently as you expect, you will still enjoy gambling for the fun part of it, and not just all about making money.

You need to stop gambling and then calculate how much you have lost. If it's too much then stop immediately, then take a break, analyze your budget how much you have spent and how much you are left. Then calculate how many days or weeks or months it will take for you to make another budget. If it's too low then create a scheduled gambling habit that will ensure that you can keep on gambling for the rest of the time that is left before you can accumulate more budget for your gambling.
For the next question, never choose your losses. Gambling is only for entertainment purposes only. Never put money before it otherwise you will get addicted to it. Make sure to stick to the plan and only use that amount of money that you can use per one day. Make a mindset like this where the money you put into gambling account, consider it already gone. You have paid the money for the entertainment, and what you win on your bet is merely a bonus for being there. If you can create a mindset like this then you can enjoy gambling and you won't have to leave it.
If you can control your emotion and make a mindset like this then you don't have to quit gambling. But if you are unable to do it and you are getting emotional after losing anyone to get back what you have lost, then gambling is not for you. If you keep on gambling, you will eventually get addicted and lose a lot. So it is better to stay away from gambling if you are not able to do those things.

Indeed. The first thing to do that could help you in any losing scenario is calming down after knowing the outcome of the bet or play. You should control yourself - emotions and decision making so you won't make more mistakes that could bring more troubles and headache on your end. Reassessing the circumstances and thinking on how to do better next time around is essential so you won't repeat the same old thing that didn't work the first time. That way, you'll have a higher chance of winning in the future. And of course, this will just happen if you will have enough discipline to equip yourself what you need in order to avoid losing again.

Being disciplined will come a long way especially in gambling industry. If you aren't and you don't want to be a disciplined gambler, you won't be a responsible one either. So practice it as much as you can until it becomes a habit that you'll automatically include in your routine without forcing yourself or being sour about it.

Yes, of course, but the strange thing is that even though they have managed to get the victory, instead of stopping and enjoying the results of their winnings, they continue to play because they are too greedy and excessive, which in the end it is clear that the winning money will run out again. So initially they came to gamble to get a win, well but why when you have won instead of making a withdrawal and going to enjoy, you just keep playing with higher and higher expectations, remember this is gambling not a place to earn income. I can't think of a mindset like that, they have gotten lucky but can't be grateful at all, so in return the casino makes you back down by withdrawing money from the winnings.

That's right, I can be sure that if they do the calculation or calculation of the amount of gambling they have done then obviously I am very sure that the amount of loss must be greater than the victory and they will be surprised when they find out. If they continue to gamble in such a way then I am sure that the victory they get is not a real victory but only temporary because obviously they will return to gamble with that money and lose again. So it's better not to overdo it, you have to be wiser, winning is very difficult, so don't get your hopes up.

Well that what is currently happening and experienced by most gamblers so there will always be gamblers who cannot be responsible for their own decisions and will only be left with regret and sadness because they have actually lost very large amount of money.
There are quite lot of gamblers who lose their happy lives because of mistakes in their approach to gambling and they even live their lives in debt or full of low finances.

Sometimes someone forgets what entertainment is and has fun by gambling so that in their mind they try hard or are ambitious to chase wins or recover losses.

Gamblers like this usually come to gambling sites all the time and are always trying to get some money so they can continue playing or betting.
I know several gamblers like that and they are no longer effective with advice or suggestions from anyone because they no longer have any trust in their friends and they only believe in their own minds.

Indeed sometimes it is better to avoid people like this because they will only have bad impact on us.

I agree, but to add, I think with able to control yourself, you should also have discipline, because with discipline then it will strengthen your ability to control yourself to gamble more and can lead to more losses. But to those who's already addicted it will be difficult for them to fight the urge to play more as they have a goal to chass their losses which is a wrong path because it will only lead you in more worst situation. So for me "discipline" is the most important for you to control yourself to limit yourself in gambling.

Gambling is indeed a game seeking expensive pleasure. those who want to have fun at gambling know for sure that they will lose. The wins you get will only extend your playing time longer until defeat comes to you.
If you are still upset about the losses you got from gambling, even hope to win as your target. Honestly, it will only make you regret it. You are too serious about looking for victory in your game. There's nothing wrong with hoping to win, but you have to know that no bookie wants to lose. maybe today you are the one who wins, but tomorrow, you will still be part of the defeat.

I like that quote.

You can use that as self defense against your losses so that you won't be thinking that much about it. The matter of your acceptance will rely on it just as how much you've just paid(losses) when you gambled.

It's like something that will give you the feeling that you just did a normal thing and you won't have a lot of heart feelings on it when you accept those losses as something like that, you paid for your happiness as you gamble.

Yes you are right that mate in the world of gambling  sometimes our money will gone and also sometimes our money got doubled or even trippled but in my own opinion in reality once I loss for the first time then still it's okay and bet again but second time loss feels bad and when third loss feels crazy that will lead to quit cause once we will loss and loss in every bet then let's take a rest and then comeback again once we have enough money to gamble.

Even though we can control ourselves when gambling, we cannot do this all the time. I sometimes lose control and get emotional when I lose. Are you like that too?

One way I do it now is to keep a small amount of money in bank accounts and crypto wallets so that when I lose control, I can't deposit anymore. Do you have any special tricks?

That is why we must always be able to control ourselves when gambling so that we don't lose large amounts of money. And also, with good self-control, we will not think we will win because, in gambling, we will not know when we will win. But in gambling, we can lose more often than we imagine. So be careful if you want to gamble and only use the money you can afford so that you don't lose a lot. If you have experienced a losing streak, you should immediately stop gambling and not return to the casino for a few days to relieve the tension.

It's true, many gamblers have experienced things like losing large amounts of money because they couldn't control themselves when gambling, thinking they would win and if they lost they had to be able to catch up with the compensation they received, even though thoughts like that were wrong. big. And the way to prevent this is to believe in yourself to remain in control when gambling, and be aware of the situations and conditions that exist within you so that gamblers do not gamble excessively.

At any instance we should not consider gambling as a way to make money. When one prioritise gambling for money making, then surely this is going to land him into trouble. Gambling need to be considered as fun and as a source of entertainment. If one have got this mentality, even the loss doesn't affect us.

Whenever we experience massive loss we should take break and make an analysis to identify in which game we've lost big and what game gave win. In my personal gambling experience, whenever I keep losing on casinos I take a break and move towards sports betting. This means I slow down my losing than just ending up empty handed in much shorter time period.

The most important thing is that we are mentally ready, if we lose a certain game, we know how to react to it. In an ideal case, any loss should not make us sad or emotional because we should be playing according to our plan. We need to have such a plan where a loss does not affect our portfolio.

If you feel that after the loss, your gambling portfolio is considerably down, it means that you are doing something wrong and you need to rethink your gambling strategy. A successful gambler is one who has everything defined to him as how to react to the wins and losses in gambling.

I agree with you, we are expected to lose so you should have a budget allocated for each gambling game.

"Don't chase the losses, instead consider it as payment for the entertainment" I just read this and it's a good idea that we should do this.
If you don't feel comfortable, I think you should stop and don't chase your lost money anymore because we know that the more you chase it, the worse it gets.

I’d prefer not to have any expectations and it’s best to just keep an open mind. That way, you won’t be really pained when you lose and it would be a pleasant surprise when you win.
Expectations, in my opinion brings disappointment. Someone having little or no expectations from anyone is likely not to get disappointed whenever things doesn’t go as planned.

Keeping your emotions in check is also important as our feelings could likely influence our actions. And in most cases, those actions fueled by out emotions would later be regretted. Keeping a clear head would make way for logical thinking.

If you feel that you are only losing through gambling and you are not getting anything for a long time then you should definitely quit gambling. But if you feel that you have less experience and skills you need to increase it or if you're just here to gamble for fun, you can continue. But my suggestion is that you can spend a very reasonable amount of your income. If you expect more from here you will lose everything. Gambling with the idea that you will only lose. If you loss a small amount of money every month that will not hurt you.

I often lose in gambling but I have limitations. I don't gamble after losing a certain amount of money. Again in certain times I increase my bankroll. There is interest in winning in gambling but even if I lose I am not disappointed because Because I have a small budget every month..