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Topic: If we lose in gambling, what do we need to do? - page 4. (Read 4143 times)

hero member
Activity: 1008
Merit: 960
~snip~
Losing is a must in gambling, but that is not the end because there are chances and the need to re-strategies and devise another means to gamble. There are virtually set of individuals who will lose in gambling and will continually gamble also thereby turning to addicts. life they said is full of risk and gambling is also associated with risk, however losing is certain but the only way to avoid severe losses is to be patient enough to re-strategies and make a good decision. so, when you lose i advise you to quit for a while and think of the possible opportunities to gamble and also know that gambling is not a do or die affairs and also know that gambling is a game of luck and dont try to envy another person because he or she is winning and you decide to immitate them and that will render you cashless and an addict.

It doesn't really matter if you wait one second or one year to place the next bet. The odds are going to be the same.

And probably it will be worse in the future as most casinos tend to increase the difficulty of their games over time.

For example, the roulette used to not have the double zero, which decreases your chances to win.
member
Activity: 238
Merit: 21
★Bitvest.io★ Play Plinko or Invest!
Since you don't have much. You better stop and just consider a sure win like getting a job and maybe a second job.

You won't miss anything in gambling or in the casino since you are not hooked into it yet I presume since you ask this question. The best you can do is just focus on where you are good at because that's what normal people do and quit gambling while you haven't lost thousands yet.
Losing is a must in gambling, but that is not the end because there are chances and the need to re-strategies and devise another means to gamble. There are virtually set of individuals who will lose in gambling and will continually gamble also thereby turning to addicts. life they said is full of risk and gambling is also associated with risk, however losing is certain but the only way to avoid severe losses is to be patient enough to re-strategies and make a good decision. so, when you lose i advise you to quit for a while and think of the possible opportunities to gamble and also know that gambling is not a do or die affairs and also know that gambling is a game of luck and dont try to envy another person because he or she is winning and you decide to immitate them and that will render you cashless and an addict.
hero member
Activity: 700
Merit: 577
Eloncoin.org - Mars, here we come!
There are two things involved in gambling and they are winning and losing and a responsible gambler must know these things in mind before even going to the gambling hall and all his prayers should be God should give the luck to win and not to lose and in the process if he lose then he will take it as a faith and sober about it and if he wins then will be Happy. And those who see casinos or gambling has a means of earning money, have the wrong motive though some some still does and all their plans is to win every day which is not possible.

There should be self control in gambling so that when you lose you can control yourself and console it then move on. And not to transgress anger to another gamblers who are also like you looking for their daily bread.
full member
Activity: 364
Merit: 154
Well said. Taking a break after a loss is one of the best decision made by any gambler which gives him time to refresh again and not bound by losses. I believe that every gambler have a risk tolerance level, of which losses that the gambler is willing to incur is limited, and there is room to quit, understanding the fact that there is always another day. Provided the gambler is still acting within his level in line with the money allocated for gambling that day, I don't see it as a bad idea for him to keep gambling till exhaustion.
In essence aligning with our set rules, risk tolerance level,  moderation and discipline will always shade us from undesirable situations in gambling.

Imo having a break after losses just the best idea , because as a human whenever we are making losses we will began to lose our composure, and our emotions will gradually start to overwhelm us . And  doing such moment the chances of making more losses is pretty high because, the gambler will no longer be thinking straight again he or she will start taking reckless risk inorder to hit the jackpot and get back what they have loss.
On the moment that you would really be losing then you would really be on such condition that you would really be having that kind of mindset that you should really be playing more for you to be able to recover those loses on which this is really that a very wrong mindset to have. At the moment that you do find yourself on such condition then moderation or control would really be that hard.
This is why gamblers do really loses up even more money just because they do lose control and this is something that you should really be needing up to consider because if you do find yourself that being too impulsive and aggressive in gambling then sooner or later you would be finding yourself that sleeping on the streets. Is this something that you would like to happen? For sure you wont.
The rush to play vigorously with your betting is actually triggered by lose and as a gambler who doesn't know how to control this loses then I can just simply say you are definitely one step closer to your doom because nothing ever comes out good from a gambler that doesn't know how to thought control their losing thirst because at the instances of you losing the only thing that takes place in our thought is that we can always get the funds back which is a very big lie that some gamblers tell themselves and sometimes if you are not careful you get to even loan some stuffs to continue chasing the loses , so what I advice in Gambling is that whenever you gamble and you lose always accept it wth Good faith.

Exactly, that's some nice point mate, nothing ever comes out good from gamblers that doesn't know how to their Losing thirst. Because this is really common in most gamblers, they always think they can get back all their losses they made from a certain gambling section by gambling continuation, without not knowing when to stop .

Such manner is really bad when it comes to gambling, it will only land you to your doom just as DaNNy001 said . And same time lead to more losses and with big regrets. So to avoid such , always know when to stop and always try and minimise yah losses. So Is better to settle for less than to have none .
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
Well said. Taking a break after a loss is one of the best decision made by any gambler which gives him time to refresh again and not bound by losses. I believe that every gambler have a risk tolerance level, of which losses that the gambler is willing to incur is limited, and there is room to quit, understanding the fact that there is always another day. Provided the gambler is still acting within his level in line with the money allocated for gambling that day, I don't see it as a bad idea for him to keep gambling till exhaustion.
In essence aligning with our set rules, risk tolerance level,  moderation and discipline will always shade us from undesirable situations in gambling.

Imo having a break after losses just the best idea , because as a human whenever we are making losses we will began to lose our composure, and our emotions will gradually start to overwhelm us . And  doing such moment the chances of making more losses is pretty high because, the gambler will no longer be thinking straight again he or she will start taking reckless risk inorder to hit the jackpot and get back what they have loss.
On the moment that you would really be losing then you would really be on such condition that you would really be having that kind of mindset that you should really be playing more for you to be able to recover those loses on which this is really that a very wrong mindset to have. At the moment that you do find yourself on such condition then moderation or control would really be that hard.
This is why gamblers do really loses up even more money just because they do lose control and this is something that you should really be needing up to consider because if you do find yourself that being too impulsive and aggressive in gambling then sooner or later you would be finding yourself that sleeping on the streets. Is this something that you would like to happen? For sure you wont.
The rush to play vigorously with your betting is actually triggered by lose and as a gambler who doesn't know how to control this loses then I can just simply say you are definitely one step closer to your doom because nothing ever comes out good from a gambler that doesn't know how to thought control their losing thirst because at the instances of you losing the only thing that takes place in our thought is that we can always get the funds back which is a very big lie that some gamblers tell themselves and sometimes if you are not careful you get to even loan some stuffs to continue chasing the loses , so what I advice in Gambling is that whenever you gamble and you lose always accept it wth Good faith.
member
Activity: 294
Merit: 40
★Bitvest.io★ Play Plinko or Invest!
You can show people who have not lost at gambling, have succeeded at all gembling. Gambling is like a deadly addiction, the more you gamble the more you become addicted to winning and the more you fail over and over again. With the rise of online gambling platforms, we see many people around who are more interested in gambling, because these platforms are secret among everyone, even those i could not imagine that the person who cannot gamble he is also gambling. If you lose gambling, you will definitely have to quit gambling, you may even go to the point where you will be forced to sell your important assets to recover the lost money, making the future life even worse.

Every body have a choice of what they love and what they dislike and if gambling is what someone have chosen as their best activities and there's no crime in it. People have been gambling even before the online casinos was built and the popularity of online casinos doesn't make it any secret to gamble. Even if someone chose to gambler secretly on the online casino, it is not a bad thing. Gambling is not develop so that people can keep making money with it, gamblers are supposed to take gambling as fun and also a means to earn small money, they are not supposed to take is as a complete means to earn money.
hero member
Activity: 2996
Merit: 609
Well said. Taking a break after a loss is one of the best decision made by any gambler which gives him time to refresh again and not bound by losses. I believe that every gambler have a risk tolerance level, of which losses that the gambler is willing to incur is limited, and there is room to quit, understanding the fact that there is always another day. Provided the gambler is still acting within his level in line with the money allocated for gambling that day, I don't see it as a bad idea for him to keep gambling till exhaustion.
In essence aligning with our set rules, risk tolerance level,  moderation and discipline will always shade us from undesirable situations in gambling.

Imo having a break after losses just the best idea , because as a human whenever we are making losses we will began to lose our composure, and our emotions will gradually start to overwhelm us . And  doing such moment the chances of making more losses is pretty high because, the gambler will no longer be thinking straight again he or she will start taking reckless risk inorder to hit the jackpot and get back what they have loss.
On the moment that you would really be losing then you would really be on such condition that you would really be having that kind of mindset that you should really be playing more for you to be able to recover those loses on which this is really that a very wrong mindset to have. At the moment that you do find yourself on such condition then moderation or control would really be that hard.
This is why gamblers do really loses up even more money just because they do lose control and this is something that you should really be needing up to consider because if you do find yourself that being too impulsive and aggressive in gambling then sooner or later you would be finding yourself that sleeping on the streets. Is this something that you would like to happen? For sure you wont.
full member
Activity: 364
Merit: 154
Well said. Taking a break after a loss is one of the best decision made by any gambler which gives him time to refresh again and not bound by losses. I believe that every gambler have a risk tolerance level, of which losses that the gambler is willing to incur is limited, and there is room to quit, understanding the fact that there is always another day. Provided the gambler is still acting within his level in line with the money allocated for gambling that day, I don't see it as a bad idea for him to keep gambling till exhaustion.
In essence aligning with our set rules, risk tolerance level,  moderation and discipline will always shade us from undesirable situations in gambling.

Imo having a break after losses just the best idea , because as a human whenever we are making losses we will began to lose our composure, and our emotions will gradually start to overwhelm us . And  doing such moment the chances of making more losses is pretty high because, the gambler will no longer be thinking straight again he or she will start taking reckless risk inorder to hit the jackpot and get back what they have loss.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
That's crazy when someone believes on that about having a lot of losses, you will now have bigger chance of winning.

The chances won't change and it is constant but you can't just know until you try it. Maybe the casinos are the source about that and they've told about it and it's not just all about Mathematics and statistics.

But, it's always been the best to stop if you are total loss. No reason to continue for that day, I know it's hard and the situation wants you to recover but better to quit.
Just let those people believe on what are on the things that they do have in mind on which on the moment that they would really be having those decision and letting them be able to realize that they were wrong at the end. lol Trying out to believe that after all the wrong ideas into their mind would really be something that would really be a huge lesson for them at the end. This isnt how gambling works on which on the moment that you would be keeping on piling your loses then it would really be continuing and doesnt matter if you have already lost that much or not. It would really be always according on how lucky you would be at the moment that you would be playing and this is something which cant really be known and something that cant really be guaranteed.

Ths is why at the moment that you would really be able to experience loses then it would really be that wise that you should really know on when to make yourself be able to stop.
On the moment that you would really be losing that control then it would really be putting you up on a certain situation which it could potentially destroy your life when it comes to finances
and this is why you should really be that careful.
We can't do anything with that if they're going to realize it at the end that they're wrong with it.

They can believe whatever they want to believe and if they think that they have more chance of winning after losing big. I've been there and done that, so it's best to just stop and analyze if it still makes sense.

If so, having this mindset will make them positive at most times but that being positive in a negative sense.
hero member
Activity: 896
Merit: 645
Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling

I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?
Stopping gambling is the right decision when you have suffered consecutive losses. There is no point in continuing to place bets with the aim of covering previous losses because at the end of the game we will definitely have to come out with a loss. Many people think that the losses incurred at the beginning of the game round will be covered at the end of the game if they continue to persist, but in fact this is very We have little chance of winning in gambling, especially if luck is not on our side.

Well said. Taking a break after a loss is one of the best decision made by any gambler which gives him time to refresh again and not bound by losses. I believe that every gambler have a risk tolerance level, of which losses that the gambler is willing to incur is limited, and there is room to quit, understanding the fact that there is always another day. Provided the gambler is still acting within his level in line with the money allocated for gambling that day, I don't see it as a bad idea for him to keep gambling till exhaustion.
In essence aligning with our set rules, risk tolerance level,  moderation and discipline will always shade us from undesirable situations in gambling.
hero member
Activity: 2856
Merit: 769
Losing a lot of money isn't fun, so stop when you're in that situation. If you can take that and you have a deep pocket, then there is no problem doing it.

If you want to keep on going then you do your own thing but don't deny that people have reminded you that, when you're in deep losses and it's stressing already, you have to stop.

But if you want to proceed, do it with caution because it's no longer fun when you're losing and then there's another series of it.

Right words.
I guess OP just need to be able to admit that hus lost. This is normal, and sometimes the ability to admit it is a victory. Victory over oneself, which in fact is often the heaviest but most valuable prize in the world of gambling.

Probably someone will say that according to mathematics, after many losses, the chance of winning something greatly increases. But I think this is a really bad argument in a dispute with myself. Again, I advise to OP to just accept that gambling turned out to be not profitable and leave this occupation.
I am writing from my own experience.
That's crazy when someone believes on that about having a lot of losses, you will now have bigger chance of winning.

The chances won't change and it is constant but you can't just know until you try it. Maybe the casinos are the source about that and they've told about it and it's not just all about Mathematics and statistics.

But, it's always been the best to stop if you are total loss. No reason to continue for that day, I know it's hard and the situation wants you to recover but better to quit.
Just let those people believe on what are on the things that they do have in mind on which on the moment that they would really be having those decision and letting them be able to realize that they were wrong at the end. lol Trying out to believe that after all the wrong ideas into their mind would really be something that would really be a huge lesson for them at the end. This isnt how gambling works on which on the moment that you would be keeping on piling your loses then it would really be continuing and doesnt matter if you have already lost that much or not. It would really be always according on how lucky you would be at the moment that you would be playing and this is something which cant really be known and something that cant really be guaranteed.

Ths is why at the moment that you would really be able to experience loses then it would really be that wise that you should really know on when to make yourself be able to stop.
On the moment that you would really be losing that control then it would really be putting you up on a certain situation which it could potentially destroy your life when it comes to finances
and this is why you should really be that careful.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Losing a lot of money isn't fun, so stop when you're in that situation. If you can take that and you have a deep pocket, then there is no problem doing it.

If you want to keep on going then you do your own thing but don't deny that people have reminded you that, when you're in deep losses and it's stressing already, you have to stop.

But if you want to proceed, do it with caution because it's no longer fun when you're losing and then there's another series of it.

Right words.
I guess OP just need to be able to admit that hus lost. This is normal, and sometimes the ability to admit it is a victory. Victory over oneself, which in fact is often the heaviest but most valuable prize in the world of gambling.

Probably someone will say that according to mathematics, after many losses, the chance of winning something greatly increases. But I think this is a really bad argument in a dispute with myself. Again, I advise to OP to just accept that gambling turned out to be not profitable and leave this occupation.
I am writing from my own experience.
That's crazy when someone believes on that about having a lot of losses, you will now have bigger chance of winning.

The chances won't change and it is constant but you can't just know until you try it. Maybe the casinos are the source about that and they've told about it and it's not just all about Mathematics and statistics.

But, it's always been the best to stop if you are total loss. No reason to continue for that day, I know it's hard and the situation wants you to recover but better to quit.
sr. member
Activity: 2016
Merit: 281
Seabet.io | Crypto-Casino
Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling

I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?
Stopping gambling is the right decision when you have suffered consecutive losses. There is no point in continuing to place bets with the aim of covering previous losses because at the end of the game we will definitely have to come out with a loss. Many people think that the losses incurred at the beginning of the game round will be covered at the end of the game if they continue to persist, but in fact this is very We have little chance of winning in gambling, especially if luck is not on our side.
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform

Exactly for that reason, before playing I always set a sum of money that I am willing to lose. The truth is that when I choose an amount to lose it is already something that remains in my mind , whether it is or I give up, so I better do that than expect things, because when you expect to win you can get very disappointed and feel bad, but when you don't expect anything and suddenly you win, the excitement is greater. That is why I always recommend that when you play you take into consideration the amount of money you are willing to lose, and if you lose you Accept the defeat and if you win it is better to withdraw and enjoy, whatever it may be but enjoy that money.



Accept and move forward if you failed and lose that such amount and if luck permits you to win, you also need to have that will to stop and quit, better to have both side as you'll enjoy more if you know and understand on how you will work with your gambling participation, not just for the losing side as it will be a repeated outcome, but instead, better to have that capability to control and take that hard stop when you have the opportunity to enjpy your win.

Though it's not that always for you to experience the win, the very reason to have that limit to make sure that you also bring enjoyment as you have something to use to celebrate from your gambling earnings.
full member
Activity: 420
Merit: 140
In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?
We have no other choice but to accept that we have lost. Are you sure that if you continue to gamble you will win so that you can cover up your previous losses? Or continue to lose more? In my opinion, after big losses or wins, you should stop gambling for a while to regain your psychological balance. Temporarily forget about gambling for a while and come back to continue playing when your mind has returned to a balanced state.

Normally, many people advise that you should quit gambling completely when you have lost that much. However, not everyone can completely quit gambling and find it as a passion. So, instead of trying to avoid it every time we lose, we should look directly at the problem. If we lose, we accept defeat, rest for a while and during that rest process find out the reason why we lost like that. After that, if you know the cause of the previous failure, then confidently continue to return to gambling with the most comfortable mind possible.
sr. member
Activity: 1624
Merit: 261
Vave.com - Crypto Casino
Not sure if that is really an practical advise because  we knew that gamblers will keep
coming back no matter what hobby they find outside gambling because the feeling of winning
 is unforgettable , what we need to do is learn how to control our behavior and attitude in
gambling so it will come handy when we lose or win to get out of the table.
It is true that not all advice can be implemented by a gambler well, sometimes they continue to repeat their gambling habits even though they have experienced many losses in the gambling they play, you are right, for every gambler who experiences defeat in the bets they play of course they must be able to stop and do not continue to bet on that day and it would be better for them to return to betting not on the same day, if they can limit their desire to gamble, of course this will have a good impact on their finances.
A thousand and one pieces of advice will definitely be ignored whatever the reason, they will still return to their habit of continuing to gamble, so in my opinion it would be a waste of time if we give advice to someone who is really an addict, if they rely on a lucky day it will still  experienced the same thing, what's more, gambling now has a system that recognizes the user in giving winnings to their account, so there is a high probability of losing more than winning.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
The chances that we are always goin to win is not always a certainty in most cases and so these facts that we cant always win in gambling is a reason we aught to be very mindful with our stakes because we are more likely not goin to recover whichever money it is we loose to the casino while gambling but then most gamblers fail to understand this and most often do stake so much with so much expectations as well which later turns out to their detriment in most cases and some of them even go bankrupt in some cases. Preventing losses in gambling is almost not possible because provided you gamble often, the chances are that you are going to encounter losses at some point in your gambling.

if a gambler is able to control their crave and need to wanting to gamble too often, i think they will be able to a great extent manage themselves not to getting to the point of addiction so they don't get to go bankrupt trying to gamble and end up having issues with loved ones and relatives probably because of their gambling addiction which they have developed from consistently gambling as often as possible.
We don't have a big chance to wins in gambling so we don't have to playing gambling too often and chase the wins because that will be difficult for us. We must playing gambling moderately to prevents the big lose and as we don't knows when we can wins, we only have to use the money we can afford to lose. That will be better for us because we don't have to spends much money to enjoy the gambling games because we knows that's the way for us to limits our lose from gambling. We must understand that we can lose much money like other people if we can control ourselves so that will makes us to be careful when we wants to spends our money to playing gambling.

Prevents the lose will be better than to chase the wins in gambling, especially we don't knows when we can wins. We must manage ourselves when playing gambling and must avoids the temptation from gambling so we don't have to worry about losing much money because we can knows how to use our money and we knows what we do when we lose in gambling.
legendary
Activity: 2436
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Leading Crypto Sports Betting & Casino Platform

It's true what you say, sometimes it's better to stop and go away from gambling to rest, rest the thoughts that must be taken so that careless actions don't occur which can result in big losses which honestly shouldn't happen, but the feeling of wanting to win or wanting revenge cannot be hidden. The grudge is definitely there and is an incentive to continue gambling.
That's right, but you have to be very careful because it can be a double-edged sword, because the resentment and the desire to play and win are many and that can later become an obsession, especially when the player has a weak mentality Regarding the game, a person who plays has to be clear about something, the house advantage is a fact that will always be there, and the players always have to see it, that's why I say that a player has to have control, and above all the negative emotions that for me are a desire for resentment, revenge, all that, for me they are negative feelings that I don't know how much benefit can be derived from them and transferred to something positive.



It backfires on you if you keep that emotions and allow your desire to keep trying back, most of the time if you unable to handle that kind of pressures you ended up losing more, it's better to hold it and take time to rest, stop and quit after losing and reassess what you done wrong, instead of having that desired to try winning back which most of the time will not happen to you, or if ever chances gives you that luck but with greed that comes up will soon bring all those funds back to the house.

I mean, you need to have that drive to avoid making mistakes or another mistake which can lead you to a bigger problem. Take time to analyze and assess yourself as it will help you preventing to get engaged and become addicted.
Exactly for that reason, before playing I always set a sum of money that I am willing to lose. The truth is that when I choose an amount to lose it is already something that remains in my mind , whether it is or I give up, so I better do that than expect things, because when you expect to win you can get very disappointed and feel bad, but when you don't expect anything and suddenly you win, the excitement is greater. That is why I always recommend that when you play you take into consideration the amount of money you are willing to lose, and if you lose you Accept the defeat and if you win it is better to withdraw and enjoy, whatever it may be but enjoy that money.

hero member
Activity: 2996
Merit: 609
Losing a lot of money isn't fun, so stop when you're in that situation. If you can take that and you have a deep pocket, then there is no problem doing it.

If you want to keep on going then you do your own thing but don't deny that people have reminded you that, when you're in deep losses and it's stressing already, you have to stop.

But if you want to proceed, do it with caution because it's no longer fun when you're losing and then there's another series of it.

Right words.
I guess OP just need to be able to admit that hus lost. This is normal, and sometimes the ability to admit it is a victory. Victory over oneself, which in fact is often the heaviest but most valuable prize in the world of gambling.

Probably someone will say that according to mathematics, after many losses, the chance of winning something greatly increases. But I think this is a really bad argument in a dispute with myself. Again, I advise to OP to just accept that gambling turned out to be not profitable and leave this occupation.
I am writing from my own experience.
Loses is part of the game on which the key on here is on how you would really be trying out to control of it which is of course you would really be needing to have that moderation when it comes to spending. Just like the rest been saying that gambling is really just that for fun and on the time that you do lose money then this is where emotions would really be changing up on which there would really be those individuals who would really be that doing those impulsive behavior like depositing more and losing up even more at the end. On the moment that they do see that they cant really be able to play
because they do literally have no money on their pockets then this is the moment that they would really be making themselves on having that kind of adjustment on which this is something that
you would really be needing to look at on the moment that you do engage with gambling.
hero member
Activity: 1330
Merit: 687
Arts & Crypto
Losing a lot of money isn't fun, so stop when you're in that situation. If you can take that and you have a deep pocket, then there is no problem doing it.

If you want to keep on going then you do your own thing but don't deny that people have reminded you that, when you're in deep losses and it's stressing already, you have to stop.

But if you want to proceed, do it with caution because it's no longer fun when you're losing and then there's another series of it.

Right words.
I guess OP just need to be able to admit that hus lost. This is normal, and sometimes the ability to admit it is a victory. Victory over oneself, which in fact is often the heaviest but most valuable prize in the world of gambling.

Probably someone will say that according to mathematics, after many losses, the chance of winning something greatly increases. But I think this is a really bad argument in a dispute with myself. Again, I advise to OP to just accept that gambling turned out to be not profitable and leave this occupation.
I am writing from my own experience.
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