Slow down if you want to recover your losses - page 2.

Fredomago

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Quote from: ethereumhunter on December 20, 2022, 12:00:39 PM

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.

NeuroticFish

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Quote from: rahmad2nd on December 20, 2022, 02:12:30 PM

Actually, the martingale technique doesn't have to always double your bet in every round or spin.

That's correct. There are various variation from the rule. Still the main Martingale is doubling.

Quote from: rahmad2nd on December 20, 2022, 02:12:30 PM

There is nothing wrong with any technique, what is wrong is when it is difficult to control our emotions

Actually the fact we try to make one bet more meaningful, the fact we think that at a certain point there's a bigger chance to see high value or low, is imho a mistake. The random generator doesn't care what was the previous number. And all this makes "the technique" wrong. At least this is how I see it.
Am I wrong?

stomachgrowls

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Quote from: Zackgeno96 on December 20, 2022, 03:15:33 PM

Easier said than done. Perhaps we all have that intention to take it easy when we lose, but how often does it happen in practice that we go beyond all our own imposed limits in the hope of winning back the losses? Very often. You can have a certain management over your own bank balance, but the value of this is zero if you can't stick to this strategy yourself. Even experienced gamblers continue to make mistakes with this.

And that what makes gambling business so damn profitable on which this kind of behavior is one of the main reason on why this business is sustainable because gamblers are really that minding on finding ways on breaking

even their losses or trying to get it back via some various strategies and ways which it would really make you some sort of desperate man because of these kind of motives which it isnt a must when you do gamble.
If you do want to recover your losses then you arent playing gambling for the sake of entertainment but rather you are here for the sake of money.

When you do lose then you should easily move on and dont tend to chase up losses or minding on getting those money back.It would really be just making you desperate.

Zackgeno96

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Easier said than done. Perhaps we all have that intention to take it easy when we lose, but how often does it happen in practice that we go beyond all our own imposed limits in the hope of winning back the losses? Very often. You can have a certain management over your own bank balance, but the value of this is zero if you can't stick to this strategy yourself. Even experienced gamblers continue to make mistakes with this.

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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.

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. This means, after a week of your big loss you will not feel the same way and after a month you won't even remember it. So, giving a break is always much better.

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Quote from: pixie85 on December 20, 2022, 02:33:27 PM

Quote from: Riocasino on December 19, 2022, 05:41:40 PM

You could recover if you bet all in 100 usd in 2 itmes and make more. why wait. the longer you play on the casino the higher you chances to lose.

if you want to make big money then make big bet and quit on black jack. or lose it all.

In the grand scheme of things it doesn't matter if you make 10 bets with 10% of your money or 20 bets with 5%. The odds remain the same and it's true that house edge takes a greater toll on your win the more bets you make.

I prefer not to do it all in a single bet because there's a psychological barrier against doing it and that's what casino uses to make profit. In reality if you divide everything into 2 bets and your first bet is a win the probability of the second one also being a win is lower so you'll either stop and take that win or you take additional risk.

A player who instead divides his money into 100 bets will only get more entertainment out of it. There won't be any increase in win probability. It's funny how we tend to think that if we have more rolls we have more chance of winning back the money lost.

What makes you think that if you divide your bankroll into two bets and your first bet turns out to be a winning one, the probability that the second one will also turn out to be a winning one will be lower?

In my opinion, the win/loss of each individual bet has nothing to do with the previous bet. Whether a bet wins or not depends on the algorithm that distributes the rewards.

If everything were as you describe, the martingale strategy would constantly lead to a win, but this does not happen.

redsun114

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My way of recovering a loss is slightly similar to this and that is; I too change my game from another one if I feel that I want to recover my bets (also because of the house edge differences). However, there are times where I stick on one game but I change my strategy. Instead of continuous martingale, I switch on flat betting with adjusted multipliers or vice versa.

In gambling, it is important to stay patient even though we are already losing most of our bankroll. I know this is hard to do at first but trust me and the OP. This is worth it if ever we want to stay longer in the game and if we possibly want to recover what we have lost earlier.

pixie85

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Quote from: Riocasino on December 19, 2022, 05:41:40 PM

You could recover if you bet all in 100 usd in 2 itmes and make more. why wait. the longer you play on the casino the higher you chances to lose.

if you want to make big money then make big bet and quit on black jack. or lose it all.

In the grand scheme of things it doesn't matter if you make 10 bets with 10% of your money or 20 bets with 5%. The odds remain the same and it's true that house edge takes a greater toll on your win the more bets you make.

I prefer not to do it all in a single bet because there's a psychological barrier against doing it and that's what casino uses to make profit. In reality if you divide everything into 2 bets and your first bet is a win the probability of the second one also being a win is lower so you'll either stop and take that win or you take additional risk.

A player who instead divides his money into 100 bets will only get more entertainment out of it. There won't be any increase in win probability. It's funny how we tend to think that if we have more rolls we have more chance of winning back the money lost.

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Quote from: worle1bm on December 20, 2022, 06:07:50 AM

Quote from: NeuroticFish on December 19, 2022, 02:05:58 PM

Quote from: Beparanf on December 19, 2022, 12:51:10 PM

Slowing down works for me this time because my usual approach on this is to martingale

OMG, LOL!
Well, anything else is better than Martingale Cheesy

In this case, slowing down was already a huge step forward.

Right I also find it more aggressive betting through Martingale strategy as you have more chance of losing through it and can also go beyond your budget but don't know it somehow works for some players and they recommend it but for me it's not good so avoid it according to me as well.

Actually, the martingale technique doesn't have to always double your bet in every round or spin. we adopt it by combining it with several other tricks. so, this technique does not always have to be forced to double it. you can also involve your experience, whatever the stakes. if for football there is a multibet. we can involve experience, when is it time to double up with the martinggale technique and when to stop betting for a moment. it depends on how you try to outsmart it plus involve your experience.

There is nothing wrong with any technique, what is wrong is when it is difficult to control our emotions which are carried away by the atmosphere during a gambling session. as long as technique and luck are on our side, we cannot avoid even big wins. or maybe the opposite happens, if we force to reverse losses.
or, the trick that Op shared in this thread you can apply. But the question is, can you do it? and I think this is the challenge.

ChiBitCTy

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Thanks for sharing your experiences with us. I think you're helping teach a very valuable lesson here. I'm lucky to personally not have any sort of addiction to gambling, nor do I normally be big amounts of money, but for those who do, I can see it being very easy trying to chase your losses with that feeling "I've got to at least get back to where I started".

This is a good lesson that goes for quite a few things, including investing in cryptocurrency or stocks for that matter. Slow and steady wins the race.

Altryist

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This is just a successful streak, which can just as easily be replaced by an unsuccessful one. If there is a fixed deposit, and it happened that it was lost, but what is the point of playing further? This almost always leads to the same result, and many of the stories told here do not teach anything, you have to lose twice as much to stop. Well, maybe this is not the worst case, if you were able to stop, then this is already a good sign.

BobK71

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After losing a bet, various things come to mind. Especially why I bet more. Why didn't i take that opportunity, etc., Various questions started to arise in my mind. However, the most common mistake for a gamblers is trying to recover from a loss. The suggestion given by the OP here can certainly be good. But if a gambler can control himself gambling from that position then success can be expected. I think it is more appropriate to try to recover a certain amount of money gradually, rather than trying to recover quickly can lost all of your assets.

Leviathan.007

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I'm not sure about it but from I can see that's not technique to use when you want to recover your lose, because techniquly, if you stop betting or lower your bet amount you won't be able to recover your lose, If you lose you need to recover and recovering needs more money and higher bet amounts. So I guess you were just lucky if you could recover your lose by using this technique. Howver changing the game or the bet can be a good solution for people to play new games with open mind to recover the money they lose, but I don't think if slowing down helps anyone.

ethereumhunter

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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.

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Quote from: kamvreto on December 19, 2022, 08:12:42 PM

Quote from: minime0105 on December 19, 2022, 07:59:35 PM

I know that losing in gambling is very real but the extent that I am making my emphasis is the situation whereby you should have a stipulated amount of money I want to use for gambling because of when you lose the money it will not affect you and you playing it step-by-step or gradually when it happened to come to aspect of lose he will not think otherwise, so I know necessarily that gambling you can use it anytime any hour depending the way you play it

Prepare a certain amount of money for gambling so that if you lose you will not take money other than the predetermined amount. it's a good strategy to resist the urge to keep gambling when the losses keep coming. Doing gambling step by step, of course, aims so that the money doesn't disappear in an instant. But it all also depends on what the purpose of gambling is done. If it's only as entertainment, of course, profits are not really needed, but if gambling is a way to quickly make profits, you need a good strategy and money management. Don't become an addict, because that will lead to being too greedy.

That is the exact method I adopted in gambling I set a daily limit of the amount of my total fund for bettings once my loss is equal or exceeded the daily limit I quit for the day because tomorrow is another day and there are more opportunities ahead, there isn't any need to start or continue gambling in a bid to recover my losses else I might lose more this is my personal experience, as for the OP bet recovery experience, I believe it's more of luck, another gambler might tread the path of the OP in a bid to recover the loses unfortunately will ended up losing or rekting the whole fund, always bet with the amount of money you can afford to lose.

Plaguedeath

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Nah, it just because you're lucky, so you can recover your losses. Slots has nothing to do if you're use martingale strategy, anti martingale strategy, etc etc since slots has house edge and it make the house always win. If there's a gambler who can find a way to win in slots, he can easily make profit and ruin every casino since these casino will suffer bankruptcy. I already suffer many losses, but I don't mind about it since it's what is gambling.

Yogee

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Quote from: BitcoinPanther on December 19, 2022, 02:57:14 PM

Quote from: darkangel11 on December 19, 2022, 02:45:09 PM

.....
Slowing down doesn't decrease risk! You can keep betting until you eventually run out of money by playing fast or slow. Playing slow only will give you more time before the inevitable outcome.

These "advice" are hilarious.

Not really hilarious, have you tried the approach? @OP not only slows down but he changed his game to a low edge game where he has a good chance of winning while trying to recover his losses. He is still in his "can afford to lose" budget and he has proven that he is gaining some recovery. The slowing down really doesn't make sense or lessen the risk but the change of game do. Betting on craps you have greater chance to win against the house if you bet on each number. So I guess it does the trick. But as usual @OP is lucky that the 7 doesn't show frequently in his craps session. Grin

The OP's main focus on his post is on the slowing down of bets and not on the changing the game with lower house edge so I get why the advice sounds hilarious to other gamblers.

Quote from: Zanab247 on December 20, 2022, 10:31:15 AM

..... I used to gamble with big money, I guess I will reduce the amount of money I use to gamble to see if I will experience something good from my bet.

Reducing your bet would only guarantee longer playing time and probably add more fun to it but don't expect a higher chance of winning unless you also switch to a game with higher RTP.

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Quote from: Zanab247 on December 20, 2022, 10:31:15 AM

OP, your experience make me to believe that, I can also recover from my losses but it will be difficult for me in this few weeks to the end of this year 2022 to recover them. I will start applying this strategy you just mentioned here because I have lost so much money on gamble that is making me to doubt myself, if I will be able to recover all those money before the end of next year. I used to gamble with big money, I guess I will reduce the amount of money I use to gamble to see if I will experience something good from my bet.

When you bet in the casino, it is normal to lose, if you are not aware of that, you are not doing well. What the OP says is that in one session, I understand he means one session, when you have had losses and try to recover by betting the same or more, as most people do, what you have to do is make smaller bets, and if you have positive results and recover, then go back to the initial bet size.

You are talking about recovering your losses in the long run and that is not possible because of the House Edge. Gambling should only be done with money that you don't need and don't mind losing, and thinking that you can make some extra money from time to time, but it's not a good way to make money.

Zanab247

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OP, your experience make me to believe that, I can also recover from my losses but it will be difficult for me in this few weeks to the end of this year 2022 to recover them. I will start applying this strategy you just mentioned here because I have lost so much money on gamble that is making me to doubt myself, if I will be able to recover all those money before the end of next year. I used to gamble with big money, I guess I will reduce the amount of money I use to gamble to see if I will experience something good from my bet.

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Quote from: madnessteat on December 19, 2022, 01:21:01 PM

Quote from: Accardo on December 19, 2022, 01:02:13 PM

^

According to your description you are using Martingale strategy, but unfortunately this strategy does not work as you think and when you lose a large sum you will understand it.

Each successive bet has nothing to do with the previous one. If you lose the first bet, you just start the game with a higher bet. If by the will of fate you will have several losses in a row (which is not impossible) then you will lose a large sum just trying to beat your previous losses.

It's impossible to have several losses in a row playing the all red or black numbers. All my years playing roulette game, I've not experienced such a serial loss, but I'd agree with you that its possible if I continued choosing specific numbers in a row. However they is no connection between a previous win or loss with my next game. I only pointed that it feels bad to win with small stake, a kind of regret why I didn't stake big, which will trigger the urge to stake big. Sometimes it works and its a faster strategy to increase my bank roll.

Topic: Slow down if you want to recover your losses - page 2. (Read 733 times)