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Topic: Slow down if you want to recover your losses (Read 733 times)

hero member
Activity: 2464
Merit: 585
December 21, 2022, 08:14:01 AM
And most of us, when we lose all of our money, we then stop, we will not try to get back our losses. I know your strategy is working for you, but it is still risky since you will not always win, meaning if you do not win, you'll be losing more. The strategy to overcome losses is only to set a limit for yourself. When you lose, you lose you will not get it back unless you are lucky like you are talking to. If I lose (within my set limit), I immediately stop. I don't chase around my losses as I know that I will be losing more. Also, the only strategy that I use when winning is when I lose 30% of my winning (total accumulated winning), I will stop, which is enough for today.
Stop when you still have some balance left? I think this one is hard to achieve. There will always be an urge to play again thinking that we still have a balance left in our accounts unless maybe if we will withdraw it to our personal wallets. That should cut the urge somehow but I agree that this method is best to minimize a loss.

Once we lose a couple of times it could be a sign that we are unlucky for this day and we shouldn't insist to bet more because if we do then we can ended up getting busted. There will always be tomorrow but for now, maybe it's time for us to unwind and then do other things which are also necessary, only to have a well balanced life.
hero member
Activity: 1372
Merit: 908
Giving a break has always worked well for me. Many people just keep on gambling like nothing happened but the reality is that if you give a break then it should be doing great for you. Many people forget that the best thing to do would be making sure that you are working towards making sure you "forget" what you lost.
I think the best thing to do after losing money is just to take a break, anyone that think their is any way or strategy to recover loss is already addicted to gambling. Addicted gamblers never accept their loss, they believe they can win back the amount they have lost and if they change pattern and countinue to gamble and they  will keep on losing. everyday won't really be our lucky day, incase if you notice you have being playing and losing, just take a break that day and fight back another time.

If you give a break, all that anger, all that need to recover, all that stress basically everything that comes with the loss at gambling will get lower and lower with time.
If you want to use anger to win back your lose in gambling, then you will keep on losing, your chances of winning back your money will be very slim, when gambling don't always have it in mind that you want to win back your losses, just gamble with free mind, gamble because you want to have fun and not because you want to make money.
legendary
Activity: 2898
Merit: 1823
So, the OP's strategy is the opposite for martingale. Either way might turn out to be a good or bad strategy to recover losses and trying to turn the table around.


There's a higher probability that it will be a good strategy than bad in my opinion, because such a strategy encourages, and abides by the simple concept of Capital Preservation. We can't recover losses if we lost all of our capital, no? Cool

Quote

One of the most usual thing I know in terms of gambling is, it's really hard to recover your losses. It will probably going to take more money and guts to do it. I kinda admire how the OP was so patient with doing small bets trying to recover losses, I've done that before when I was regularly engaged into gambling, but most of the time, it doesn't work for me. I either lose patience or lose everything in the process lol.


It will be very hard to recover your losses if you play those casino games with high house edge, like slot machines. They're merely for entertainment, and winning in them is just a bonus. If you want some opportunity to recover losses, play low house edge games and games that offer you a chance to win through skill and strategy. BlackJack and Craps are these games.
hero member
Activity: 910
Merit: 875
Not Your Keys, Not Your Bitcoin
......

To be frank, gambling is not a do or die affair, anytime I tell gamblers to break anytime they gamble with too much loss or when they encounter losses consecutively, I tell them to catch a break, it will speed up your brain recovery and not only that, it will help you think perfectly and you don't make bad decisions on and on times without number, only a jobless and addicted person will want to spend the rest of the day gambling.

I'm not too much fan of Casinos games but as a Sports person that I am, my bets followed season, I take breaks when players are also on break in big leagues, I don't jump on other leagues because of small changes that will make me loose what I have earned at the end of a season. The concluded World Cup, for example, has ended, I am currently on break and will resume when EPL, La Liga and UEFA Champions or Europa League resume and not that I will start as soon as they resume, I will watch and see how the leagues have changed because I expect to see some transition as soon as they all resume back.
legendary
Activity: 2352
Merit: 1041
Smart is not enough, there must be skills
Recovering losses sooner or later is not really a good thing to do. It is true that many gamblers will try to recover their losses either by increasing the intensity of their betting or perhaps by increasing the amount of their bets. Both are not even good, because in the end you are no longer gambling for fun but to return your losses.

Another possibility is that you will increase the number of losses without you knowing it, and the mistakes will always come too late. I also tried to recover losses, but it was only up to a point that I realized it wasn't the best idea to gamble.
I don't believe that because losses cannot be recovered even by slowing down the game, it's just possible that he will always be lucky, but this will not always be smooth during recovery, except that you can lose because of uncertain pursuits.

I have to let go of everything that is played in gambling, for example if you lose then I have to let it go because this is luck, so if you win it is luck from a gambling game, so I have been chasing losses as long as it is uncertain for me.
hero member
Activity: 2590
Merit: 549
Rollbit
So, the OP's strategy is the opposite for martingale. Either way might turn out to be a good or bad strategy to recover losses and trying to turn the table around.
One of the most usual thing I know in terms of gambling is, it's really hard to recover your losses. It will probably going to take more money and guts to do it. I kinda admire how the OP was so patient with doing small bets trying to recover losses, I've done that before when I was regularly engaged into gambling, but most of the time, it doesn't work for me. I either lose patience or lose everything in the process lol.
legendary
Activity: 2464
Merit: 2094
Recovering losses sooner or later is not really a good thing to do. It is true that many gamblers will try to recover their losses either by increasing the intensity of their betting or perhaps by increasing the amount of their bets. Both are not even good, because in the end you are no longer gambling for fun but to return your losses.

Another possibility is that you will increase the number of losses without you knowing it, and the mistakes will always come too late. I also tried to recover losses, but it was only up to a point that I realized it wasn't the best idea to gamble.
hero member
Activity: 2352
Merit: 593
I want to share my own technique on how I overcome my loss. You can share yours too on the comment below.

I recently experienced a heated game session on blackjack that I never experienced before due to I over extent my budget to chase loss. I was down by 200$ while my current bankroll is only 100$. Typically most user will do all in to quickly recover losses but my strategy is to slow down and bet only on craps 5$ on each number. Craps has a low house edge because your only loss is when 7 appear while the rest of the number that you didn’t choose will just result as draw.

Craps pays x2+ per win which is good to slowly recovering my losses. I just continue same bet and stop gambling for a day after I recover 50$ of my bet. I keep doing this per day until I completely recover all my loss slowly and rest for the week.

The slow down bets makes me think clearly and stop me for doing risky bet. This is most important lesson I learned on this messy situation.

And most of us, when we lose all of our money, we then stop, we will not try to get back our losses. I know your strategy is working for you, but it is still risky since you will not always win, meaning if you do not win, you'll be losing more. The strategy to overcome losses is only to set a limit for yourself. When you lose, you lose you will not get it back unless you are lucky like you are talking to. If I lose (within my set limit), I immediately stop. I don't chase around my losses as I know that I will be losing more. Also, the only strategy that I use when winning is when I lose 30% of my winning (total accumulated winning), I will stop, which is enough for today.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Instead of replacing it with slow bets, you should stop immediately and don't even think about recovering your losses with slow bets. But maybe it is the best strategy for you because I see you can recover slowly. But not everyone can do it and it's better to stop immediately and do something else to divert your mind from recovering your losses. But I realize that we all need to rest after losing a lot and if you decide it's for the best, you still have to be careful because it won't always work out for you.

The best action is to stop when you feel that losing streak is non-stop, instead of being aggressive to find ways to recover stopping will limit you to lose more, though I see the point where taking things slowly might re-create a good gambling strategy that might work, but it isn't a guarantee that you will be able to recover your losses, chances that it will trigger your aggressiveness is always possible.

You need to understand all the risk while you are in gambling, no doubt that gamblers always finding ways how to win either you are just playing to have some fun or you are aiming for huge amount of money, both sides will add entertainment and enjoyment if you will manage
to stop with some money to cash out as a reward for your gambling.
We often experience successive losses but only a few of us stop immediately but continue to increase the amount of money to bet. That doesn't limit the amount of money to gamble but will increase the risk of loss that we can get later, especially if we try to increase the number of bets. With all the risks that will arise in gambling, we should realize that winning large amounts of money will not always work and that's where we should be able to prevent ourselves from continuing to gamble.

And even though we can get entertainment and fun, it won't be worth continuing if we still get defeats, especially losing streaks. So we should use our gambling time, get entertainment and fun, and get out in time to avoid even bigger losses.
legendary
Activity: 2898
Merit: 1823
doubling my bet everytime it's a loss then seeing it become another loss, then another and another and another!

Well said. Plus, by doubling, each new loss is way bigger, in a (desperate) attempt to recover all the previous (and ever increasing) loses.
Indeed, the sure path of getting very fast to zero.


It's actually not considered desparate. It's simply the process in which the Martingale System follows, probably because "reasons". Mathematically considerations, it should be laughable. We plebs must truly understand that the house edge makes it sure that everyone will be long term losers. Psychological considerations, plebs should avoid it or go home without your salary.

OP, gave the best advice. SLOW DOWN. Go back to the casino when you are happier, calmer, luckier.
full member
Activity: 2492
Merit: 212
Eloncoin.org - Mars, here we come!
Mine is slowly lessen my bet and tries to go around other games , I don't concentrate in single game because I know that if I am lucky I will win not because of my better understanding in that said game but it is what needs to happen.


So why need to play only one game and Lose when you can completely enjoy the day with experiencing multiple platform and tries if where is the luck going that day?

with also that we can practice our skills in each games right?
hero member
Activity: 2912
Merit: 629
The slow down bets makes me think clearly and stop me for doing risky bet. This is most important lesson I learned on this messy situation.
Good for you and you're lucky to recover your losses by doing that technique. However, most of us here don't have the same patience and luck as you because usually everytime we're in losing streak, we're losing our patience as well and desperately doing a bet (such as martingale) to recover our losses fast.

If you are able to recover your past losses through this strategy it doesn't mean it will also work to other gamblers. But atleast it has a good result for you even we know that the house always win.
hero member
Activity: 1554
Merit: 576
Leading Crypto Sports Betting & Casino Platform
Yeah, slowing down is a good way of reducing losses, I see it to be the best technique for loss control. It gives you insight into how the previous bet resulted in a loss. But after a break, I think it is good to change the betting strategy sometimes because the mistake many people make is repeating a strategy that fails them often and often. And their desire to get back their loss skyrockets in such a way that they are left with nothing at the end of the day. Slowing down may help, but changing the strategy is another important thing to note.
hero member
Activity: 2870
Merit: 574
We can't be sure of making recovery just on slowing down the betting process. Betting needs to be done by taking break when one feels that the luck isn't favouring. Slowing down Betting is good, because fast bets bring win as well as empty the wallet in no time. When betting is slowed down, automatically the person will think of his bet value and play carefully. This could lower the chance of losing to some extent as well prolong the wallet getting emptied.
Quick bets using large amounts of money will only give you faster losses, especially if we often experience consecutive losses.
We could benefit from such a bet but if the tension rises, we can get triggered and in the end, we will lose a lot.
But when the betting slows down, it will make us think that it will take a long time to recover from previous losses and can make us impatient to wait round after round and we can go back to using big bets and fast.
If you want to reduce tension, think about stopping or taking a break because your tension will decrease.
legendary
Activity: 3136
Merit: 1870
Metawin.com
I want to share my own technique on how I overcome my loss. You can share yours too on the comment below.

The slow down bets makes me think clearly and stop me for doing risky bet. This is most important lesson I learned on this messy situation.
That's a good technique since other gamblers would be encouraged to increase their bet size but then again it's tough to recover on casino games overall the longer you play though so at best you just have to cut them off because if not it could go on for very long.

I also do the same technique on sports betting if I still have a good pick on that same day I would lower my bet size by a lot for example if my average bet would be like 10 coins then the reduced bet size would be around 2 or 3.
legendary
Activity: 2352
Merit: 1121
☢️ alegotardo™️
I want to share my own technique on how I overcome my loss. You can share yours too on the comment below.

I recently experienced a heated game session on blackjack that I never experienced before due to I over extent my budget to chase loss. I was down by 200$ while my current bankroll is only 100$. Typically most user will do all in to quickly recover losses but my strategy is to slow down and bet only on craps 5$ on each number. Craps has a low house edge because your only loss is when 7 appear while the rest of the number that you didn’t choose will just result as draw.

Craps pays x2+ per win which is good to slowly recovering my losses. I just continue same bet and stop gambling for a day after I recover 50$ of my bet. I keep doing this per day until I completely recover all my loss slowly and rest for the week.

The slow down bets makes me think clearly and stop me for doing risky bet. This is most important lesson I learned on this messy situation.

Interesting report!
Unfortunately, I believe most people lack that same discipline.

In fact it is quite the opposite, most people, when they lose, try to recover the money lost as soon as possible to return to betting on profit, and unfortunately this only makes them lose more money, as they are taken by the emotion of anger and they cannot reason properly.

In a game of dice or slots, for example, it is still common for many people to use techniques such as the martingale, which consists of always doubling the lost bet in order to recover the value in the next round.

Thanks for your advice and I admire your self-control, congratulations on making conscious plays.
legendary
Activity: 3164
Merit: 1213
We can't be sure of making recovery just on slowing down the betting process. Betting needs to be done by taking break when one feels that the luck isn't favouring. Slowing down Betting is good, because fast bets bring win as well as empty the wallet in no time. When betting is slowed down, automatically the person will think of his bet value and play carefully. This could lower the chance of losing to some extent as well prolong the wallet getting emptied.
hero member
Activity: 2786
Merit: 646
Instead of replacing it with slow bets, you should stop immediately and don't even think about recovering your losses with slow bets. But maybe it is the best strategy for you because I see you can recover slowly. But not everyone can do it and it's better to stop immediately and do something else to divert your mind from recovering your losses. But I realize that we all need to rest after losing a lot and if you decide it's for the best, you still have to be careful because it won't always work out for you.

The best action is to stop when you feel that losing streak is non-stop, instead of being aggressive to find ways to recover stopping will limit you to lose more, though I see the point where taking things slowly might re-create a good gambling strategy that might work, but it isn't a guarantee that you will be able to recover your losses, chances that it will trigger your aggressiveness is always possible.

You need to understand all the risk while you are in gambling, no doubt that gamblers always finding ways how to win either you are just playing to have some fun or you are aiming for huge amount of money, both sides will add entertainment and enjoyment if you will manage
to stop with some money to cash out as a reward for your gambling.
This is what im doing on which i do experience out losing streaks like very bad then i do really stop out immediately which is something that a gambler should do but we know that most cases where we do really

fail up on doing so because the thing we do have in mind is on how to recover those losses pretty fast, and if you are in low balance or bankroll or having empty then you would be surely be tending to

make out another deposit which would really worsen up the situation for more. This is why you should really be wise in regarding your actions.
legendary
Activity: 2702
Merit: 2645
Farewell LEO: o_e_l_e_o
The slow down bets makes me think clearly and stop me for doing risky bet. This is most important lesson I learned on this messy situation.
It's may be good for you but not good for the bookies LOL
Imagine everyone is listening to you and able to recover whatever they lost so far, we will see the gambling industry collapsed. In gambling nothing works, the house is designed to have business from you. You were just lucky. If you really want to gain from gambling then stop gambling 😉

On the other hand, if you enjoy gambling then gamble. After all it's entertainment.
As long as you can afford to lose all your money, then you can gamble as much as you want. No one will come to stop you, unless you run out of money to bet, then no choice but you have to really stop. However, in most cases, once you continue to gamble to chase your losses, in the end still you will never make it. The house has always an edge, and it should be the one that will always win and not the gamblers themselves.
Once I was a gambling addict so I know exactly how it feels to chase and win then to lose all again. It's a cycle you go though, never ending. It's been long ago. To stop it, I had to unsubscribe from all the gambling websites, I was taking mental support from specialist, most importantly friends and relatives were supporting me to stop it. Without them I could not fight it back.

Good thing was that I did not lose everything but my life was fairly mess. But since I recovered mentally, I did not gamble for long years until few years ago started again with sportsbet and some other crypto casinos. This time I was in full control of myself. Most of the time it was just pure fun but then getting bored, although I enjoyed the poker tournament we used to have with SWS or SWG (forgot the site name) SWCPoker. Eventually, I stopped logging in the accounts. I can not remember when was the last time I logged in before yesterday or the day before yesterday in bitcasino to join their bitcoin price prediction 😂

From my experience I suggest everyone, learn to stop it when you feel you are not enjoying it anymore. Don't do it for money. Gambling is not a business or job. It's entertainment you take when you are bored and time to spare. The price you pay are the deposits you make. So don't call it lose but call it a payment for the entertainment.
hero member
Activity: 1078
Merit: 570
Leading Crypto Sports Betting & Casino Platform.
I'm most interested in this topic and it keeps catching my eye at every instance I get to be in it's page.
I wouldn't have to relate this your topic to more of gambling but rather to that of trading and I could always remember my first win and first major loss on trading derivatives when I made my two thousand dollars ($2000) with 48 full hours and this was really done with ease but in qhest of trying to make the money a round figure of $2600 so I can withdraw $2500 and still have upto $100 dollar drive me into reckless trading and I made a whole series of loss after I lost the money upto $400 I started revenge trading just to cover up my loss but I ended up making lot more losses and I had to slow then and reviver my loss in 2 weeks.
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