Question for those who loose too frequently in gambling - page 14.

kotajikikox

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

isn't Obvious ? the main reason is

ADDICTION ..!!

Imagine having so many losses alot of these kind yet continuously gamble? if you are in their shoes what would be your main reason?

because a occasional gambler will not be able to let themselves having such losses , instead they will only risk a little and stopped.

but what are you asking here is an addicted attitude of a gambler.

Hypnosis00

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

I'm up for the challenge, I think? Hehe. I continue, of course, because I can't just easily let go of those losses. You know, when a gambler loses money, it challenges them to improve their strategy and test if the strategy they've developed will work. So they keep trying and trying. It's unlikely that a gambler will lose every time they play. That would simply mean the gambler doesn't know gambling at all. The real scenario is that we lose most of the time, not every time.

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

Lets say I lose anytime I gamble, but what I lost is something that I cant afford to lose or money that I've prepared wisely for gambling only and it does not affect anything in my life. I'll take it like that I have to pay for what I like to do. My case is rare obviously because I believe most people are gambling to make money, there is no other reason why they keep playing although they have lost much money except to hope a big win someday.

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

People bet more for obvious reason, to recover all their lost money and still hopeful to make a big win so they won’t be labeled as a loser. Also, some gamblers bet more because they want to satisfy their gambling addiction, and they will only stop once they have nothing left to bet anymore. Or they believe that as long as there are still money left to gamble, they will always have the chance to make a big win even after frequent losses.

For as long as gambling is all about luck and chances, people will never stop from betting until they all get the luck and eventually make a big win.

wiss19

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What could be the motivation other than the hope of winning something big someday and possibly changing their lives? That's the basic thought process of a person who has a limited amount of money and is still gambling and doesn't stop even after losing every time, the reason is simple, they don't lose hope because they find gambling and lotteries to be the only options that provide them with at least the opportunity to change their lives even if the possibilities of that happening are extremely tiny.

You can only find this thing among the poor gamblers who don't get to gamble with a lot of money but they still don't leave gambling. Such people would never understand that it is not possible for everyone to earn money through gambling because they say that they at least have some probability of getting a big win someday.

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

When you see gambling as not just a money-making venture but a source of entertainment, there is the possibility that you will keep gambling for a long time even if you keep losing. Another factor that can sustain your gambling life is if you gamble within your means. But every gambler should have patience and perseverance because if you don't win today, tomorrow might be your lucky day. Gamblers are dreamers who believe that the future will be better, so we keep moving regardless of past losses.

Quote from: Odohu on October 18, 2023, 12:55:07 PM

Are there really people like that? It seems strange to me that someone will continue in gambling when failure is experienced in every gambling activity. That does not seem reasonable to me. Maybe they have had a major win before the series of losses....

It doesn't sound reasonable to you because you have not experienced it. I have seen people that have lost stakes for several months without a win and they kept on gambling. Most of them have reasons for still gambling consistently like because they are entertained and they also want to recover what they have lost.

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

The only reason I can think of is the hope that the next bets will likely be a win, potentially allowing them to break even or even hit large multipliers. This instinct is common to all of us. At times, it can be negative, but there are instances when it can be positive, helping to offset substantial and stressful losses.

However, from my perspective, it's crucial for gamblers to take a pause and breathe if they're experiencing continuous losses. It's not healthy to persistently place bets. Remember that it's advisable to gamble only with spare funds.

For some individuals, the compulsion to keep betting after significant losses might be a sign of addiction, and that issue should be addressed.

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

There are different reasons behind that, and it all depends on each individual.
The first thing I know is, have the desire to make money. It's all about the willingness of every gambler to take a risk in exchange for having a chance to multiply their bankroll. Even with consecutive losses in gambling, having the desire to experience and the longing for winning will make you continue to gamble.

Their addiction. Being addicted to gambling will make a person disregard losses. The only important thing is for him to gamble/play and satisfy himself by gambling.

For fun. People find it as entertainment, not a single worry about the losses. They just play while enjoying themselves.

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

3 reasons: fun, thrill, and money. First, fun or entertainment. Well, I treat my gambling hobby as my entertainment to pass time or relieve my stress after work or during work. thrill. Well, we know gambling has the concept of "risk," so you will be thrilled by every game or bet you make. The bonus is that when you win, the thrill is worth it. and, most importantly, money. What else do we do for gambling? I'll be hypocritical if I say I don't do it for money. I treat gambling as my side hustle, of course with discipline and a good mindset, so I will not have a problem in terms of my gambling hobby. I also experienced too many losses in a row, but if I face that situation, I have a mindset that I should stop, rest, or be refreshed for, let's say, days or a week for me not to be greedy and make unreasonable decisions by continuously playing even if I know I'm in a bad situation.

Darker45

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It's not just one. Whenever I experience a series of losses, the reasons I continue could either be I'm having a lot of fun or I'm trying to recover my losses or I'm feeling desperate that even if I'm not having fun anymore and I'm not hoping to recover my losses anymore I just gamble for its sake. I've experienced all of them.

As to the feeling of desperation, it's like I don't care anymore even if all the money that's left in me is lost. But there's actually a certain level of fulfillment in it. It's like challenging bad luck. You want to take all my money? Come on, try get it!

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

Fun! Entertainment! Cool

Why do you spend money to go to the cinema or the bar? Why spend money buying electronic games that certainly don't give you any financial return?
Answer.... to have entertainment.
In the same sense, why should it be any different for gambling?

I honestly still can't believe that there are people who can't see gambling as a form of entertainment. Please... get it into your head that the main purpose of gambling is not to make money.
Obviously everyone plays with the intention of making money, this is one of the objectives of the game, but it shouldn't be the main one.
That's why we have so many people addicted to gambling... they don't understand that gambling should be a moment of leisure and not a means of making money.

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

Everyone does not have the same reason to gamble. Some do it purely for enjoyment no matter the amount they have lost and others might do it thinking they can make a passive income from it. There are other reasons such as addiction, hope, or maybe they're involved in a cheating ring.

The point is, every person has a different reason.

GxSTxV

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

A simple and short answer to your question is: addiction or the pleasure you get from gambling keeps you going for more and chasing that good feeling without caring too much if you lose or win.
I don't think there's much else that would make someone continue to burn and lose money on gambling. While some people may win big in very rare times, it's often the need of that good feeling and the adrenaline rush they chase. If you can gamble for entertainment without the risk of addiction it's likely fine and we all gamble responsibly. But, gambling more and more even after suffering much losses can be bad for your finance situation especially with that belief in winning big someday even when the odds are against you, realizing that will make you feel so bad.
My advice for everyone: if you don’t enjoy gambling most of the time, feeling more bad, then it’s a good idea for you to quit.

Vaskiy

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The main reason is the hope of winning. My last week payment was wasted within few rolls and my week's work isn't useful for me. This happened all because of my hope to turn the money big. With the wallet balance of 0.0023BTC started to wager on dice. Luck was in my favour and it started to grow and at some point it touched 0.006BTC which is really good. I stopped and further my mind said its winning streak and I continued. What happened I lost everything, so it is all about the circumstances and the thought that arises leads to loss of gambling. Maybe if luck had favoured my win could've got continued.

lionheart78

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The main reason is that it has become a habit. Whether I win or lose does not matter at all. Since I can afford what I am losing, it is been a regular schedule for me to play some amount of my signature payment and as long as they are free. I can't say it is fun to lose money but the experience and the stress-removing effect of gambling is a worthy reason to continue. We have been paying for entertainment to remove stress and enjoy our free time, so what is the difference in losing some free money on gambling when it has the same effect as other entertainment?

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Quote from: qwertyup23 on October 18, 2023, 06:35:23 PM

Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

It is not about the motivation but it is the feeling of recovering your losses.

Generally when a player loses in a gambling game, they have this feeling that they need to recover their losses by gambling again. Unfortunately, this is called the gambler's cycle where a player will gamble regardless of the result, either they win or lose, thereby creating an endless cycle. The only way for the player to break into this cycle is if when they decide to either quit completely or accept the fact that they will not be able to recover their losses.

It is also easier said than done for a person to quit after losing. Our initial response when we lose is to try and win again. But with the determination needed, a player can destroy this cycle and realize that such will never be recoverable.

somehow, that's the reason why a lot of gamblers are getting addicted. the idea of finally recovering those losses. which we know is hard to beat if you are already in the phase of not stopping up until you hit big.
and to add, the thrill that it brings to the player is the major reason of most why they keep on playing and with the thought of winning big of course.

Onyeeze

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

When you lose in gambling first and second time, you will be biased in gambling and your mindset will not inform or tell you that when you continue participating in gambling you may be losing more of gambling than any other things but the instinct of some one who loses gambling will not tell you, but they will continue betting in gambling so that they will recover today's money they lose and tomorrow money they lose, so the plan of someone who continues to bet so that it will win and the one wining will cover up other loses, I don't think those do win gambling, such plans will make them to lose more

qwertyup23

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

It is not about the motivation but it is the feeling of recovering your losses.

Generally when a player loses in a gambling game, they have this feeling that they need to recover their losses by gambling again. Unfortunately, this is called the gambler's cycle where a player will gamble regardless of the result, either they win or lose, thereby creating an endless cycle. The only way for the player to break into this cycle is if when they decide to either quit completely or accept the fact that they will not be able to recover their losses.

It is also easier said than done for a person to quit after losing. Our initial response when we lose is to try and win again. But with the determination needed, a player can destroy this cycle and realize that such will never be recoverable.

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The motivation for most of the people is to have the chance to recover all of that money and perhaps even more, in the end, it only take a very good strike of luck, it has already been the case for many lucky ones around the world, specially if we talk about lotteries.

I have personally not been very lucky during my dice sessions, but I am rather a casual gambler, so I cannot compare my personal experience with what other have gone through with years of gambling and losses. Perhaps it has something to do with some myths some gamblers believe, like alledgely gamblers are closer to get their good luck back when they decide to quit, so they never quit.

It is about superstition and a little bit of greed, there is always a percentage of greed when comes to gambling, even when we are supposed to see this as pure entertainment, we never completely do so.

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Quote from: krishnaverma on October 18, 2023, 12:51:43 PM

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

One of the motivations behind a gambler that loss feverously is nothing but addiction. You can't lose and lose and then come the next day, no change of strategy or skills, no improvement, no new inspiration only to come and bet the usual ways and expect to win. Loss can be frustrating, not every gambler have the power to stomach it, consistent loss can create frustration which can result in playing more and more without any result. I really think addiction and frustration are two main reason gamblers repeatedly bet even if when they lose multiple times.

There are some gamblers that are motivated when they see others win large sum of money, anytime they loss, they act like they give up and swear not to gamble the next day but as soon as they find out that a player has won a great sum of money, they will go back to the casinos to try their luck again. In addition to frustration and addiction, success gambling from others makes people to want to gamble more even when they lose.

Topic: Question for those who loose too frequently in gambling - page 14. (Read 1846 times)