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Topic: Should I try to win back my loss? - page 12. (Read 4078 times)

hero member
Activity: 980
Merit: 506
November 08, 2017, 02:07:31 AM
Honestly for anyone asking the same question just don't do it. Strike it off as a loss because your likely to rush to try and get it back and end up losing a lot more. I wish I learned this sooner in life.
When you once lost, never try to get it back. Things are better when you leave gambling, when you are an addict of this, you can’t make anything better in your life. Because whatever you want to make good, gambling will reverse it and at the end of day, you will be ending with a lot of losses rather profits. So be vigilant, make your decisions wisely. Never try to return back once lost.
hero member
Activity: 952
Merit: 503
November 07, 2017, 10:04:05 AM
Honestly for anyone asking the same question just don't do it. Strike it off as a loss because your likely to rush to try and get it back and end up losing a lot more. I wish I learned this sooner in life.
Obviously if someone has actually faced serious type of loss in gambling then he must not ever try to regain the same amount via gambling. This is because gambling being totally dependent upon the luck never gives the desired result even if a person tries again and again putting some more effort on his behalf.

The best thing to do in such a situation is to look for some other ways of earning whatever you have lost but firstly calm yourself down and have some break before you continue with the methods.

hero member
Activity: 854
Merit: 500
Stake & Vote or Become a IoTeX Delegate!
November 07, 2017, 05:28:45 AM
Back if you want but no need to think about win back your loss. If you're thinking about win back your loss, you could have trouble thinking quietly because of your lust for win back your loss. So come back but do not have to think like that, because it's useless if you're unlucky you will not be able to win back your loss.
It is too hard to win back the lose especially focusing on it is not good when you are playing gambling, gambling is which you are playing to have fun and aim to win but to push yourself in the OP post will make you only broke and much worse to lose more money in chasing it.
full member
Activity: 519
Merit: 101
November 07, 2017, 03:07:15 AM
I have around 500 000 bets placed on FJ
It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale)

I got 16 losses in a row
Starting with bet 0.000001BTC
And last bet was 0.03BTC
Counting a 0.06BTC loss total



Now, my question is, should I try to win it back?

I have a total bank of around 1.6BTC on my disposal

Odds of me losing those 16 bets in a row were 0.00179%
Somewhere around 1 to 60 000

Now, if I place a 0.06BTC there's a 50.5% chance I'll lose
If I lose, I place a 0.12BTC bet,  0.505*0.505= 25.5% chance I'll lose
If I lose, I place a 0.24BTC bet, 0,255025*0,505= 12.88% chance
If I lose, I place a 0.48BTC bet, 0,128787625*0,505= 6.5% chance I'll lose

If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9BTC (+0.03)

Is it worth it?
Should I cut my losses o.o

Odds of me losing 20 bets in a row should be 1 : 860 000
Which, with me having 500k bets, doesn't sound very good

It is GAMBLING. We cannot make sure that we will win. You must open for every possibility for it and be ready for whatever happens. If you want to win you must be willing to take a risk. In gambling, since there no sureness to win you must always have a back up plan and not to bet all your money. If you think you will lose a big money in that betting I think it is better to just invest your money. Bitcoin is rising so fast now so you will be able to get back your losses.
legendary
Activity: 2674
Merit: 1048
November 07, 2017, 02:34:54 AM
Back if you want but no need to think about win back your loss. If you're thinking about win back your loss, you could have trouble thinking quietly because of your lust for win back your loss. So come back but do not have to think like that, because it's useless if you're unlucky you will not be able to win back your loss.

When you think like this way you will probably loose money again. When you loose money then you have to move on and start over again because in the world of gambling people who choose to chase their loss end up loosing big money again. You must be more wiser when gambling, for you to maximize all the profit you incur.
well it is doesn't makes any sense for you to be back to gamble without any reason.

it is probably because of addiction , but still chasing back your losses are not a good idea at all , sooner or later when you think you always successfully completed the mission to recover all of the money that you have lost you will back to zero even worse and keep repeating the same mistakes.
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
November 07, 2017, 01:56:52 AM
Back if you want but no need to think about win back your loss. If you're thinking about win back your loss, you could have trouble thinking quietly because of your lust for win back your loss. So come back but do not have to think like that, because it's useless if you're unlucky you will not be able to win back your loss.

When you think like this way you will probably loose money again. When you loose money then you have to move on and start over again because in the world of gambling people who choose to chase their loss end up loosing big money again. You must be more wiser when gambling, for you to maximize all the profit you incur.

Actually, this thinking only come on our mind when we have lost and it is normal that in gambling of course we have lost and in this situation we want to recover our lose and also in this situation we could have more lose and lose in betting and can't recover our lose. So only do it when you have really luck or really have skills to recover your lose. Otherwise i never suggest to anyone to do bet for only recovering your lose.
legendary
Activity: 1316
Merit: 1011
November 07, 2017, 01:25:01 AM
Winning back what you've lost might be a good plan. However, gambling still fate. Where predictions and analysis skills are sometimes useless. Switching maybe a good way, for example trading.
You'll only switch if you are not successful with winning back your loses as you will realize in the end that you made a wrong decision, but in OPs situation its different because after a long cold losing streak, he got lucky and manage to win back his loses again, that is what you called being lucky and being a risk taker.

I think it is not a good thing to take such a high risk because you don't whether you will win before you lose all your bankroll then why do you want to take such risks? In my thinking, if you want to get back your lost money in gambling then should invest in some other investments not again in gambling. If you want again fun then should go back to gambling again.
full member
Activity: 686
Merit: 108
November 06, 2017, 11:35:46 PM
Back if you want but no need to think about win back your loss. If you're thinking about win back your loss, you could have trouble thinking quietly because of your lust for win back your loss. So come back but do not have to think like that, because it's useless if you're unlucky you will not be able to win back your loss.

When you think like this way you will probably loose money again. When you loose money then you have to move on and start over again because in the world of gambling people who choose to chase their loss end up loosing big money again. You must be more wiser when gambling, for you to maximize all the profit you incur.
hero member
Activity: 574
Merit: 503
November 06, 2017, 10:49:53 PM
Back if you want but no need to think about win back your loss. If you're thinking about win back your loss, you could have trouble thinking quietly because of your lust for win back your loss. So come back but do not have to think like that, because it's useless if you're unlucky you will not be able to win back your loss.
hero member
Activity: 3010
Merit: 666
November 06, 2017, 05:46:56 PM
Winning back what you've lost might be a good plan. However, gambling still fate. Where predictions and analysis skills are sometimes useless. Switching maybe a good way, for example trading.
You'll only switch if you are not successful with winning back your loses as you will realize in the end that you made a wrong decision, but in OPs situation its different because after a long cold losing streak, he got lucky and manage to win back his loses again, that is what you called being lucky and being a risk taker.
full member
Activity: 691
Merit: 100
November 06, 2017, 03:28:17 PM
Winning back what you've lost might be a good plan. However, gambling still fate. Where predictions and analysis skills are sometimes useless. Switching maybe a good way, for example trading.
legendary
Activity: 1526
Merit: 1001
November 06, 2017, 03:16:31 PM
No you shouldn't try to recover your loss would mean you are addicted to gambling or on a brick to get addicted to it. If you want to save yourself now and in the future don't try to recover your loss you will lose lot more than you would gain
You are right mate, We should not thinking to recover our lost after we lose a money. We should control ourselves, because in this time we can make wrong decisions that can make our situation more worse. So, the best thing is to wait and try to gamble normally, and to be smart.
yes that's what i have alwaysbeen trying to say you get a loss it's fine just forget it if you keep thinking about your losses or always grieve that what if you didn't gamble you will never be able to recover yourself just forget the past and don't repeat your mistakes in future
I also feel the same. If someone has been lucky enough to win in gambling then it is okay to continue with the game but if you lose on a daily basis or so then the best step in that is to quit gambling and look for some other ways to recover your losses. These include trading joining a signature campaign or involving in some sort of job. This will help you both to move on in your life recovering from emotional disturbance as well as to increase your income.
hero member
Activity: 1302
Merit: 540
November 05, 2017, 08:15:43 AM
Honestly for anyone asking the same question just don't do it. Strike it off as a loss because your likely to rush to try and get it back and end up losing a lot more. I wish I learned this sooner in life.
the OP already won big from fortune jack as he posted another thread so i guess he really knows what he's doing and he already have a lots of guts
controlling his emotions i want also being like that knowing what to do and make good decision making when I'm in the same situation, just know
yourself and make sure that you can always take the risk and willingness to achieved your goal.
member
Activity: 89
Merit: 10
November 05, 2017, 05:46:41 AM
Honestly for anyone asking the same question just don't do it. Strike it off as a loss because your likely to rush to try and get it back and end up losing a lot more. I wish I learned this sooner in life.
member
Activity: 106
Merit: 10
November 05, 2017, 05:32:51 AM
No, don't you ever try to win back your loss, cause you will lose more and more than that till the moment that you can't efford to pay anymore. Trust me, chasing the loss will make you lose everything.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
November 04, 2017, 08:07:02 AM
I don't think that's right because when you loss something, you can't control your emotions. First thing that comes on your mind is too win back what you loss. You can't focus on winning because you are focusing on your loss. Based on my own experience, everytime I did that, I will just lose all over again. I believed the best thing to do is to take a rest, calm down yourself and accept what you loss. Then you can start to fight again. New game. New start.
agree, that also happens to me. when the emotion has taken control, we know everything gonna be worse. we need calm a little bit, clear our mind, take a deep breath. Personally, when I got a loss, that's is the sign I need to stop and move on.
Yes, the best thing to do is to calm down so that you can relax your mind and can think again what should right to do to get back win your all losses from gambling. If you don't  set yourself to be calm down you will loss your focus and you will out of control and the result is got much worst from losing.

Right. Letting yourself be too affected with the current happenings exposes you to a lot of wrong decisions. There will be a lot of times when you can try and win back ypur losses so don't force yourself to do it while emotions are still high. It's always better to make decisions with a clear mind

the important thing is we need to control our emotions when we playing gambling, no matter we are loss or win because if we can control our emotions, i am sure that we can thinking with clear and we can prevent to get loss again. but there is a problem to us to control our emotion because if we are win, we can be greedy and it will makes us to loss again.
hero member
Activity: 3024
Merit: 680
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November 04, 2017, 07:09:02 AM
I don't think that's right because when you loss something, you can't control your emotions. First thing that comes on your mind is too win back what you loss. You can't focus on winning because you are focusing on your loss. Based on my own experience, everytime I did that, I will just lose all over again. I believed the best thing to do is to take a rest, calm down yourself and accept what you loss. Then you can start to fight again. New game. New start.
agree, that also happens to me. when the emotion has taken control, we know everything gonna be worse. we need calm a little bit, clear our mind, take a deep breath. Personally, when I got a loss, that's is the sign I need to stop and move on.
Yes, the best thing to do is to calm down so that you can relax your mind and can think again what should right to do to get back win your all losses from gambling. If you don't  set yourself to be calm down you will loss your focus and you will out of control and the result is got much worst from losing.

Right. Letting yourself be too affected with the current happenings exposes you to a lot of wrong decisions. There will be a lot of times when you can try and win back ypur losses so don't force yourself to do it while emotions are still high. It's always better to make decisions with a clear mind
Try to read his update on what he did. He took and decided to gamble again and see the result of it.

Just to update you guys, as I have stated in the thread previously I broke even with the sports bet, I also won on FJ

I have hit their jackpot yesterday Smiley


So, considering I lost on 1: 60 000 and 1 : 120 000 in a span of 10 minutes, I  also hit a 1 in a 10 million jackpot with a total of 600k bets, so I guess the tables have turned and the lack of fortune initially has been credited to me with interest Smiley
sr. member
Activity: 1456
Merit: 267
Buy $BGL before it's too late!
November 04, 2017, 06:06:40 AM
I don't think that's right because when you loss something, you can't control your emotions. First thing that comes on your mind is too win back what you loss. You can't focus on winning because you are focusing on your loss. Based on my own experience, everytime I did that, I will just lose all over again. I believed the best thing to do is to take a rest, calm down yourself and accept what you loss. Then you can start to fight again. New game. New start.
agree, that also happens to me. when the emotion has taken control, we know everything gonna be worse. we need calm a little bit, clear our mind, take a deep breath. Personally, when I got a loss, that's is the sign I need to stop and move on.
Yes, the best thing to do is to calm down so that you can relax your mind and can think again what should right to do to get back win your all losses from gambling. If you don't  set yourself to be calm down you will loss your focus and you will out of control and the result is got much worst from losing.

Right. Letting yourself be too affected with the current happenings exposes you to a lot of wrong decisions. There will be a lot of times when you can try and win back ypur losses so don't force yourself to do it while emotions are still high. It's always better to make decisions with a clear mind
full member
Activity: 434
Merit: 105
November 04, 2017, 03:57:39 AM
I don't think that's right because when you loss something, you can't control your emotions. First thing that comes on your mind is too win back what you loss. You can't focus on winning because you are focusing on your loss. Based on my own experience, everytime I did that, I will just lose all over again. I believed the best thing to do is to take a rest, calm down yourself and accept what you loss. Then you can start to fight again. New game. New start.
agree, that also happens to me. when the emotion has taken control, we know everything gonna be worse. we need calm a little bit, clear our mind, take a deep breath. Personally, when I got a loss, that's is the sign I need to stop and move on.
Yes, the best thing to do is to calm down so that you can relax your mind and can think again what should right to do to get back win your all losses from gambling. If you don't  set yourself to be calm down you will loss your focus and you will out of control and the result is got much worst from losing.
legendary
Activity: 1932
Merit: 1273
November 04, 2017, 02:43:54 AM
I don't think that's right because when you loss something, you can't control your emotions. First thing that comes on your mind is too win back what you loss. You can't focus on winning because you are focusing on your loss. Based on my own experience, everytime I did that, I will just lose all over again. I believed the best thing to do is to take a rest, calm down yourself and accept what you loss. Then you can start to fight again. New game. New start.
agree, that also happens to me. when the emotion has taken control, we know everything gonna be worse. we need calm a little bit, clear our mind, take a deep breath. Personally, when I got a loss, that's is the sign I need to stop and move on.
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