Topic: If You Win Big Will You Remember Your Losses - page 14. (Read 4714 times)
Maybe if I compute my total losses from I started in gambling for sure it will be a lot of than my winning amount. But I categorized only my capital this year not in the last few years because I leave gambling for about year I remembered. But I'm happy to say that I get more than my losses. Maybe just forgot the past and focus to the present so you will be focus in playing gambling because people compute the past losses that can cause also for them to lose more because it can become them greedy to the profit so they want big profit but instead of thag another losses capital happen to them because we know gambling is after you win little times the longer you stay the high chance you losses including the capital you have.
personally, I have forgotten all my loss, even though I didn't win big.. I just think that it is useless if I have to remember my loss in the past
I recently lost a few Bitcoins in one of the EPL matches (Arsenal vs Tottenham) but I've forgotten it
I recently lost a few Bitcoins in one of the EPL matches (Arsenal vs Tottenham) but I've forgotten it
Why you have to remember, you win and that's all just matter, tomorrow you might win again you will just frustrate yourself if you think that way, better just get your win enjoy it have a drink and face the next hoping that you will win, again and again, losing and winning are part of the game.
Exactly !8 don’t know what’s the reason why we need to find time to remember our losses while we have been in happy situation fo being winner Nd it will only ruin ng enjoyable moment when the truth is our losses is forgettable while winnings are not.
And besides what’s on our mind when winning is on what to do for celebration about our winning money
yes i did calculate them before i start to gamble . i will calculate if how much will be my winnings versus to my looses if that will be worth it to gamble . i also consider the difficulty of the game .
i tend to play more if the game is more winnable than compare to those that are verry risky like lotteries .
id say that its okay to play with smaller bets but the reward is bigger because its not regretable at all if ever you loose but the feeling is verry rewardable if ever you could win on them
i tend to play more if the game is more winnable than compare to those that are verry risky like lotteries .
id say that its okay to play with smaller bets but the reward is bigger because its not regretable at all if ever you loose but the feeling is verry rewardable if ever you could win on them
Basically it is not good to calculate previous losses before you start gamble as it may force you to bet bigger or play longer so you will be able to recover the previous losses. I think it is always better if you start gamble from zero like you have never gambled before, but obviously you should always stick on your own limit on every gambling period. It is what I usually do whenever I start to gamble as it gives me better feeling and enjoyable while gambling as I don't think about previous losses.
I have a friend who wins 15,000 pesos or $300 the first time keno games in an offline betting outlet, he is so happy and very ecstatic about his winnings, I congratulate him and ask him how long before he hit the jackpot, he told me that it took him 7 months and he is betting daily at 100 pesos or $3 so his losses are bigger than winnings.
But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?
But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?
This is one of the examples on the dilemma about gambling since what only matters are the winnings and not the losings. In gambling, it creates this illusion that someone may think that they are winning but in fact, are losing due to the accruements of money along the process.
What makes this more dangerous is that it places the individual on a pedestal thinking that they are actually lucky, which would only start the cycle of gambling.
Good topic, I don't think that most gamblers remember their losses to be honest (including me). All they think of is that they just won and that's what matter most for them. And I doubt that gamblers realised that or put their losses on paper so that they would know how much money they have lost so far.
Once gamblers start to know and account their losses, that will only be the time that their discipline will manifest. Rationalizing every win and disregarding your losses would be very dangerous especially in the long-run and streak of gambling.
For me it's foolish to keep losing money everyday, then win an amount that is lesser and be joyous, you could have as well saved up all the money you've wasted and it would have yielded an increase for you 
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Indeed. But some people wont realize it especially if they are happy to gamble their money for the hope to win like in lottery. I know someone who regularly gamble in lottery even the chances of winning is one in a million..Its common to be happy (and forgot the past losses) if you win regardless of how much amount it is.
I have a friend who wins 15,000 pesos or $300 the first time keno games in an offline betting outlet, he is so happy and very ecstatic about his winnings, I congratulate him and ask him how long before he hit the jackpot, he told me that it took him 7 months and he is betting daily at 100 pesos or $3 so his losses are bigger than winnings.
But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?
But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?
I do make an account of my gambling wins and losses. But I would say most gamblers have the opposite kind of mentality. My mother used to place small bets on local digit lottery. For a time, she almost did that on a daily basis. She could have incurred significant losses already if she had a detailed account of it, but she does not mind that because she places a seemingly insignificant amount every time. But when she wins she would easily gives away a blowout. She's the same with so many gamblers in my locality.
Funny how people celebrate their gambling victories without thinking much of their losses.
yes i did calculate them before i start to gamble . i will calculate if how much will be my winnings versus to my looses if that will be worth it to gamble . i also consider the difficulty of the game .
i tend to play more if the game is more winnable than compare to those that are verry risky like lotteries .
id say that its okay to play with smaller bets but the reward is bigger because its not regretable at all if ever you loose but the feeling is verry rewardable if ever you could win on them
i tend to play more if the game is more winnable than compare to those that are verry risky like lotteries .
id say that its okay to play with smaller bets but the reward is bigger because its not regretable at all if ever you loose but the feeling is verry rewardable if ever you could win on them
For me it's foolish to keep losing money everyday, then win an amount that is lesser and be joyous, you could have as well saved up all the money you've wasted and it would have yielded an increase for you .
Indeed. But some people wont realize it especially if they are happy to gamble their money for the hope to win like in lottery. I know someone who regularly gamble in lottery even the chances of winning is one in a million..Its common to be happy (and forgot the past losses) if you win regardless of how much amount it is.
Winning in lottery is a life changing event, for sure a gambler would forget all his loses because we are talking of million or millions here.
However, let's be realistic, we know the chance of winning in lottery is very slim which is close to nothing, but we still hope we can win one day.
When a gambler continues to spend for lottery ticket, I don't think it would hurt his pocket a lot because the amount that is spend is just a small amount, unless he is crazy to spend for many tickets thinking it will improve his chances of winning.
For me it's foolish to keep losing money everyday, then win an amount that is lesser and be joyous, you could have as well saved up all the money you've wasted and it would have yielded an increase for you .
Indeed. But some people wont realize it especially if they are happy to gamble their money for the hope to win like in lottery. I know someone who regularly gamble in lottery even the chances of winning is one in a million..Its common to be happy (and forgot the past losses) if you win regardless of how much amount it is.
For anyone who gambles frequently and with a good amount of money, it's very difficult for your winnings to outweigh your losses.
We all know how difficult it is to gamble successfully, losses occur more often than winnings, so to make sure your losses are minimized, you bet with small amount of money while still chasing the jackpot, that way if you get to win, you'll either be at an equilibrium or your winnings will be higher.
For me it's foolish to keep losing money everyday, then win an amount that is lesser and be joyous, you could have as well saved up all the money you've wasted and it would have yielded an increase for you.
We all know how difficult it is to gamble successfully, losses occur more often than winnings, so to make sure your losses are minimized, you bet with small amount of money while still chasing the jackpot, that way if you get to win, you'll either be at an equilibrium or your winnings will be higher.
For me it's foolish to keep losing money everyday, then win an amount that is lesser and be joyous, you could have as well saved up all the money you've wasted and it would have yielded an increase for you
. Maybe the friend of OP wants to buy a gambling achievement. He wants to be able to tell others that he won the jackpot and to have a story to tell at parties. Maybe he's bad at math 
No, I don't think he is not bad at math like what you think of. I'm pretty sure that he is still aware of his past losses and realized that the prize he won wasn't enough to cover those losses. The thing is OP's friend was just ecstatic right after he won, he just want to live the moment of being a winner. And that's normal. Have you ever seen a person who won the jackpot that instead of being joyful he became upset and said to himself "It is not enough 
" Of course there's no such thing! Unless you are emotinal imbalance lol. 
I have a friend who wins 15,000 pesos or $300 the first time keno games in an offline betting outlet, he is so happy and very ecstatic about his winnings, I congratulate him and ask him how long before he hit the jackpot, he told me that it took him 7 months and he is betting daily at 100 pesos or $3 so his losses are bigger than winnings.
But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?
if I personally have a calculation for the initial capital, if for the problem of loss I do not think too much because every trade or bet must be prepared to lose as long as we make it learning why it can lose and find solutions in the future. But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?
Good topic, I don't think that most gamblers remember their losses to be honest (including me). All they think of is that they just won and that's what matter most for them. And I doubt that gamblers realised that or put their losses on paper so that they would know how much money they have lost so far.
I think most gamblers will think that our losses is a part of the past now and we shouldn't think about it anymore since we can't get back what we've lost already and we can't change anything from the past. This kind of mindset is for gamblers who do have self-control that's not stressing too much of how he lost that money since in the first place it is his own fault and he enjoyed it so it's just fair to pay for entertainment.Exactly, we don't need to remember our loss, but it is better if we can know how much our loss so we can prevent to get more losses in the future. Besides that, we can know that playing gambling will only give us losses because we don't know when we can win the games. When gamblers can win some money, they will forget that in the past, they are losing so much money before they can win. And if they can realize that, perhaps they will think twice to continue playing gambling and risk more money in gambling.
Or if they want to play gambling, they can play with small money, and if they can win again in those games, they will consider that is because of luck, and they need to leave the places.
I like keeping track of my wins and losses; I do so for trading, so it's natural for me to at least keep a mental count of the losses and wins that I've had at least in the near future. I've had several large wins in the past, but I typically never forget the losses (sometimes a bit large) that happened before a major win. It's definitely worth winning even if you take a small loss sometimes IMO, though if you're still deep in the red after a large win that's a different story.
I have a friend who wins 15,000 pesos or $300 the first time keno games in an offline betting outlet, he is so happy and very ecstatic about his winnings, I congratulate him and ask him how long before he hit the jackpot, he told me that it took him 7 months and he is betting daily at 100 pesos or $3 so his losses are bigger than winnings.
But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?
One reason maybe is he has a stable job and the money that he uses can be brought back with his job so he can forget about his losses. Another reason that I know is he is just enjoying playing keno keno (this is what I call to keno) and he tends to forget his losses as long as he win. He is just gambling for fun that is why he forgot his losses. But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?
Yes, I think it's nothing if you really have a stable or good job. On his mind, the big deal for him is the achievement of winning on a lottery that has a small probability of winning. He's the type of person who gambles just to be entertained or wanted to have a thrill in life.
We shouldn't be serious on gambling, that's why it's called gambling because you're risking something. So at first, we are aware that there's a risk and forget all of that money we've spent on the past.
It's hard to explain, if he's just spending 2.8k pesos per month and have a lot of income from his stable job, then it's fine. But for a normal person, it's a big money already, if he saved it, he'll get a lot of money than 15k.
All I am trying to thing about is filling up those losses. Maybe that is how he felt too when he won that jackpot.
But afterwards, maybe I will forget it all and try to win again. For profit now because I already filled those holes and its time to get what I deserve.
Same thing with what I does with dicing. Good thing in Yolodice you could see your losses and profits. You dont need to get it stuck in your head remembering it everyday.
But afterwards, maybe I will forget it all and try to win again. For profit now because I already filled those holes and its time to get what I deserve.
Same thing with what I does with dicing. Good thing in Yolodice you could see your losses and profits. You dont need to get it stuck in your head remembering it everyday.
Good topic, I don't think that most gamblers remember their losses to be honest (including me). All they think of is that they just won and that's what matter most for them. And I doubt that gamblers realised that or put their losses on paper so that they would know how much money they have lost so far.
I think most gamblers will think that our losses is a part of the past now and we shouldn't think about it anymore since we can't get back what we've lost already and we can't change anything from the past. This kind of mindset is for gamblers who do have self-control that's not stressing too much of how he lost that money since in the first place it is his own fault and he enjoyed it so it's just fair to pay for entertainment.
Maybe the friend of OP wants to buy a gambling achievement. He wants to be able to tell others that he won the jackpot and to have a story to tell at parties. Maybe he's bad at math
I always calculate when I gamble and try to keep a positive record. It's usually very hard and there's not many games where I did that. If I win I will remember my losses for sure but a win helps you to swallow a loss that's for sure.
I always calculate when I gamble and try to keep a positive record. It's usually very hard and there's not many games where I did that. If I win I will remember my losses for sure but a win helps you to swallow a loss that's for sure.
I would think of my lose but won't care much about it because losing is part of gambling and you should always have that at the back of your mind every time you place a bet.
It doesn't make you important cause you are just having fun in gambling but if you seriously think that gambling is a major source of your income, everything will be remembered and makes them needs to fill in those losses. Winning is a way to make some encouragement and also a mind-blowing diversion that it is mostly we forgot our losses at the time when we win and want to stay in gambling cause we thinking that we make it again and again.
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