if you experience a losing streak... - page 5.

Samlucky O

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Quote from: Russlenat on February 07, 2025, 07:18:45 AM

I have another question...

Every gambler has experienced a losing streak, so I’m curious - how do you handle it?

Let’s put it in a betting scenario where we bet every day. Which approach do you think is better for managing losses?

Betting multiple times per day or on most games on the board?

Actually for me there is no perfect way to manage loses in gambling. Betting multiple per day or being selective of some games in the board, all may likely still fall under the category of lose. Gambling or betting is just a game of luck. If I where to chose an option I will chose some game in the board that is likely to play with low odd. Like singling each game in the board with a certain amount instead of playing multiple.

Quote from: Russlenat on February 07, 2025, 07:18:45 AM

Sticking to one bet per day and being selective?
If you go with one bet per day, have you found it to be successful in the long run? Or do you break your own rule from time to time?

I haven't sticked to one single bet per day to get a better results but I have played single bet in different ticket a day and it was good. It is profitable but the problem is that the return is not high like the multiple stake.

Onyeeze

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Quote from: Russlenat on February 07, 2025, 07:18:45 AM

I have another question...

Every gambler has experienced a losing streak, so I’m curious - how do you handle it?

every gambler knows that losing or meaning is constant in the gambling and that is the experience and for them to overcome losing that we touch them all that to make them to be depressed is for them to bet what they can afford to lose but a process whereby they are the kind of gamblers Who Don't Bet what you can afford to lose that today he lost in gambling will be a nightmare that is why I can agree with you that every gambler has its own experience in gambling so I believe that be able to pay our own experience in in the gambling so that others will learn from it

Davidvictorson

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Quote from: Russlenat on February 07, 2025, 07:18:45 AM

I have another question...

Every gambler has experienced a losing streak, so I’m curious - how do you handle it?

Let’s put it in a betting scenario where we bet every day. Which approach do you think is better for managing losses?

Betting multiple times per day or on most games on the board?
Sticking to one bet per day and being selective?
If you go with one bet per day, have you found it to be successful in the long run? Or do you break your own rule from time to time?

Taking a 2 - 3 weeks break from gambling and its activities is the only way I know to handle a losing streaking. A break is the reset for the losing streak to take you to the neutral position. Newton First Law (Law of Inertia) states that object at rest stays at rest, and an object in motion stays in motion with the same speed and direction unless acted upon by an external force. A break is the external force that breaks the ~~law of inertia~~ losing streak. However, this is personal to only me, some friends could handle it by playing a different game, decreasing/increasing their bet amount, switching to another casino and other ways.

Baofeng

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Quote from: Russlenat on February 07, 2025, 07:18:45 AM

I have another question...

Every gambler has experienced a losing streak, so I’m curious - how do you handle it?

Let’s put it in a betting scenario where we bet every day. Which approach do you think is better for managing losses?

Betting multiple times per day or on most games on the board?
Sticking to one bet per day and being selective?
If you go with one bet per day, have you found it to be successful in the long run? Or do you break your own rule from time to time?

Based on that two choices, I would say just one bet per day and select your higher chance to win just to break that losing streak. And if I won, then I would obviously break that rule and bet for more as I already break that curse.

We only needed that one win, just one win to feel that confident and then we are back in action. Similar things when you play slots, if I'm in a losing streak that day and still have some money, I will go and play that and see if I experience at least a bonus round and win some money. It's a different experience win you win some, and it's like you needed that one to be in the action again and be positive that you are going to win some or at least recoup the money that you have lost already.

Reatim

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Quote from: hahay on February 07, 2025, 11:24:03 AM

If I get a losing streak, I personally will just try to forget the bad results. Because I think, that's the only way to keep finances good.

well i would not say totally forget about your bad results you should also still look back and see where you got it wrong and how can you do better the next time around so that you do not go into a losing streak again obviously only if there was some conscious choices or strategies involved

Quote

Because after all, if for example we get a losing streak and then we try to take back what has been lost, as far as I have experienced it will only give worse results for finances. Thus, I think we are free how often and how much we gamble every day, because the most important thing is that we must remain comfortable in betting. Because with that sense of comfort, we will not be burdened to be greedy and frustrated.

betting once or betting multiple times almost have no difference really because you can still lose as much when you bet once as when you bet multiple times depending on the amount

stomachgrowls

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Quote from: Frankolala on February 07, 2025, 11:31:25 AM

Quote from: Russlenat on February 07, 2025, 07:18:45 AM

I have another question...

Every gambler has experienced a losing streak, so I’m curious - how do you handle it?

Let’s put it in a betting scenario where we bet every day. Which approach do you think is better for managing losses?

Betting multiple times per day or on most games on the board?
Sticking to one bet per day and being selective?
If you go with one bet per day, have you found it to be successful in the long run? Or do you break your own rule from time to time?

I hate losing because I feel I am a loser, I quit and go on a break. I don't gamble everyday anymore, because of my busy schedule. I only bet on few matches during the weekend and if I run at lose, I don't have a problem with that. It was way back when I was struggling with addiction that I couldn't control my losses because I gamble everyday.

No one really likes on losing but we do know that gambling/betting does have that inevitable experiences on which you would really be losing and winning up on gambling or betting. Streaks could happen on which it would really be that neither winning or loosing too but since we are talking about losing streaks then the best approach would really be that on the time that you will be needing up to have some break and wont really be that trying out chase up those loses because at the time that you would really be doing it then it will really be that a potential problem because at the time that you will really be having that kind of action then it will be leading into further problems.

This is why its really that important that you do set out limits in terms of gambling capital or bankroll on a specific day on which if ever you have blown up that capital on that day then it will be wise that you should be that stopping and call it a day. Just like on what been said above that never ever tend to chase up or making the situation even gotten more worst because this is where usually people or gamblers be doing just because of having those hopes that they could make it.

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Quote from: Su-asa on February 07, 2025, 12:11:55 PM

I have been in a losing streak for a month but what I did was simple because I restricted myself from gambling through those seasons.

A month? Wow, having the patience to keep gambling for a month despite always losing isn’t something we see all the time - at most a week losing streak is already enough for player to start looking for strategy to break out of the losing streak, most especially if the amount they are using to bet is of a significant amount.

You did try to have been able to wait for up to a month before you called it a quit and waited for sometime to relax before returning back to your game again.

kotajikikox

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Quote from: Russlenat on February 07, 2025, 07:18:45 AM

I have another question...

Every gambler has experienced a losing streak, so I’m curious - how do you handle it?

I just stop for the day. Or if I have already burned all through my week’s designated bankroll, then I would wait for the next week to come instead of trying to keep chasing the losses.

Quote

If you go with one bet per day, have you found it to be successful in the long run? Or do you break your own rule from time to time?

I don’t only bet once per day. I bet with as much as my bankroll allows. If I lose all of it then I stop but I have from time to time tell myself “just another one..maybe I can earn the money back” but I usually still don’t so it’s really just better if you stick with your plans lest you want to end up in debt.

Su-asa

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I have been in a losing streak for a month but what I did was simple because I restricted myself from gambling through those seasons. I didn't gamble and I focused more on something more benefitable to me. Even though am not focusing more on the winning but when the losing becomes too obvious to me I prefer to take a brake then continue later for my safety. Much lose can fuck with someone's mental health even though you the person is gambling for entertainment.

Dewi Aries

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Managing risk means minimizing the possibility of losing, both of the options you listed may be quite correct but I have my own assumption which is when you don't want to experience a lot of losses it means you also have to narrow your involvement in the activity, in the sense that you shouldn't gamble too often, the reason? clearly because after all we never know whether we will win or lose and that's why I say that one of the most effective ways to avoid losing is to reduce your involvement in gambling regardless of the type of gambling.

But there is also another way which is when for example the amount of budget you usually bet is 10% of the total money you have then you have to cut it in half to 5% every time you gamble, it will reduce the amount of money lost when the result is really lost. Wink

salad daging

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In slot games, for example, if you make a mistake in a row, you will stop for a few weeks or even a month, because usually in this game it is difficult to control if you don't take a break.

Now if in sports betting if in a row, it will be more betting every week in 1x match (single) to achieve consistent wins because usually sports betting is more to parlay in several matches that make the odds higher but we know the risk is also greater.

Maybe it can be said to be selective.

PX-Z

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Quote from: Russlenat on February 07, 2025, 07:18:45 AM

Every gambler has experienced a losing streak, so I’m curious - how do you handle it?

After having a losing streak at least 10 streak im one game, i eventually stop then will come back later of the day or tomorrow, depends on my "luck detection" irl lmao. Seriously, i play 2-3 games once my i keep lossing or my deposits runs out i'd better stop and call it a day than trying another trick or strategy to come back.

Fivestar4everMVP

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Quote from: Russlenat on February 07, 2025, 07:18:45 AM

I have another question...

Every gambler has experienced a losing streak, so I’m curious - how do you handle it?

Let’s put it in a betting scenario where we bet every day. Which approach do you think is better for managing losses?

Betting multiple times per day or on most games on the board?
Sticking to one bet per day and being selective?
If you go with one bet per day, have you found it to be successful in the long run? Or do you break your own rule from time to time?

One would experience loses when ever they have to experience it regardless of how or what betting strategy they adopt, if you choose to be betting on one game per day and being very selective as a result, you will still lose from time to time because it's never possible for a gambler or bettor to be correct at all times.

And if you choose to be betting on several games per day, this will obviously not allow you the chance to resesrxh properly before choosing the team to bet on on of the games or matches you will be betting on, this will definitely cause the bettor to lose some or most of his games, but in the end, what matters most is enjoying what you are doing as a gambler.

Losing streak is a normal occurrence in gambling, most gamblers experience this from time to time, and I think the best solution to it is taking a break when one is faced with a rather long losing, take a break and safe yourself the stress and anxiety, come back later on to a fresh experience.

crwth

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When I am on a losing streak, it will be a walk away from the table or just turning it off to the day. I have cases where I am affected by the gamblers fallacy but it's okay since I have allotted a budget for my gambling. It's fun for me and not a problematic thing, in my opinion. I need to be consistent with myself and strict with the budget.

uneng

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Quote from: Russlenat on February 07, 2025, 07:18:45 AM

Betting multiple times per day or on most games on the board?
Sticking to one bet per day and being selective?

I guess the second method is just a path which takes longer to reach the same destiny of the first alternative. Losses are going to be faced by most gamblers the more they gamble, while only a minority is going to be in profit. If you place many bets per day, you are making the process to further losses faster. After all, it's up to the gambler to decide how he wishes to handle his bankroll, always with the thought in mind that it must be money he can afford to lose.

There aren't any issues in experiencing a losing streak and trying to apply a strategy to minimize losses, as long as the individual is playing responsibly. It's just important to know when to stop, what means nothing else can be done to revert or minimize a losing streak on the current moment.

Frankolala

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Quote from: Russlenat on February 07, 2025, 07:18:45 AM

I have another question...

Every gambler has experienced a losing streak, so I’m curious - how do you handle it?

Let’s put it in a betting scenario where we bet every day. Which approach do you think is better for managing losses?

Betting multiple times per day or on most games on the board?
Sticking to one bet per day and being selective?
If you go with one bet per day, have you found it to be successful in the long run? Or do you break your own rule from time to time?

I hate losing because I feel I am a loser, I quit and go on a break. I don't gamble everyday anymore, because of my busy schedule. I only bet on few matches during the weekend and if I run at lose, I don't have a problem with that. It was way back when I was struggling with addiction that I couldn't control my losses because I gamble everyday.

hahay

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If I get a losing streak, I personally will just try to forget the bad results. Because I think, that's the only way to keep finances good. Because after all, if for example we get a losing streak and then we try to take back what has been lost, as far as I have experienced it will only give worse results for finances. Thus, I think we are free how often and how much we gamble every day, because the most important thing is that we must remain comfortable in betting. Because with that sense of comfort, we will not be burdened to be greedy and frustrated.

Hispo

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Quote from: Russlenat on February 07, 2025, 07:18:45 AM

I have another question...

Every gambler has experienced a losing streak, so I’m curious - how do you handle it?

Let’s put it in a betting scenario where we bet every day. Which approach do you think is better for managing losses?

Betting multiple times per day or on most games on the board?
Sticking to one bet per day and being selective?
If you go with one bet per day, have you found it to be successful in the long run? Or do you break your own rule from time to time?

Actually, there is a simple explanation on why there are so many gamblers out there who experiment a losing streak, giving the impression almost any gambler has had such negative experience. It is all about statistics and the fact we cannot easily control greed.
There are only two kinds of streaks: good ones and bad ones. When the average gambler goes through a winning/good streak, they rarely stop and continue to gamble until they start to experiment a losing/bad streak. It is greed in action.
Bad streaks stop people from gambling, because we have a bottom for our available money, however we do not have a ceiling for the money we want to win before stop gambling, logging out the casino and calling it a day.

The best way to mitigate this is being aware of the laws of probability and how big the house edge in each one of the games is, the more we wager and the more often we do it, then it will become easier for us to start to lose money in a bad/losing streak. Avoid casinos which have an unreasonable house edge and those who do not offer probably fair games as an option.
Also, the rule of thumb we all have read: Only gamble what one can afford to lose to those bad streaks.

Victorybit1

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Trust me when I say that betting multiple times per day while on a losing streak is only going to make the problem worse. Losing streaks can break you down mentally if you are not emotionally mature and it can lead to you making irrational decisions. The best thing to always do when you find your self losing consecutively is to take a break from the game. There are times in gambling that might be very rough, I'm sure every gambler can relate to this. Trying to get back your losses by all means is another thing you should avoid, have a limit and know when to stop, this is what makes you disciplined.

danherbias07

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It's not easy. Actually, there's no way to handle the situation after a losing streak. All we can do is stop playing and don't mess it up more.

I experienced it many times in the local online casino here in our country and I can say I feel like I am being robbed when that was happening. Emotional stress and hatred will start to pour and the next thing you know, you are already losing thousands of pesos. I learned from my mistakes though and as soon as I see a losing streak, I stop playing for the whole day and come back again the next day with just the same deposit and try to win it back but if it doesn't, just rinse and repeat.

Topic: if you experience a losing streak... - page 5. (Read 822 times)