Slow down if you want to recover your losses - page 6.

TimeTeller

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Quote from: Jemzx00 on December 19, 2022, 02:41:47 PM

I've tried this multiple times as I mostly gamble on slots and dice and this doesn't always work out the way you wanted so on your case, you were lucky to be able to recover your loss slowly. Also, trying to bet all in to recover your loss is not always the best choice to do since you will just end up losing all of your bankroll faster.

For me, this method works depending of the gamblers luck since they could just loss the remaining balance slowly since it's doesn't usually works for us.

If you are playing games that are based on luck, the technique of the OP is really hard to achieve.
But maybe if it is in poker or sportsbetting, it may be true. Because you have high chance of recovering your losses if you know your games.
But it can work if you are a patient gambler, try using that technique also in hi-lo game, and bet small.
This is good if you have so much time to spare, you can recover your losses, but is it really worth spending significant amount of time recovering your losses?
Some people can devote their time especially if they lost a lot and they badly needed the lost money, but not a very good suggestion to chase your losses.

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Quote from: Beparanf on December 19, 2022, 11:32:56 AM

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.

Actually, no matter what kind of gambling you play, if it's a game based on luck. the result is the same, depending on your luck. as another member here said, you are pretty lucky. yes, you are lucky to be able to recover your losses even if it takes days. uniquely, you are able to control yourself not to overplay. In fact, you can stop your betting session when you have made some profits. however, I'm not sure if this is a technique or. but the essence is not that, the most important thing is that you can recover your losses. plus, you can still enjoy the game session.

By the way, I think many of us know the concept like you do. however, most people find it difficult to quit when the game gets messy, or to end a gambling session when they have made a small profit and come back another time. I myself do not do it, because for me. play dice, slots, blackjack or whatever it is based on luck. just to enjoy the game, and have fun without thinking about winning or losing.

Jemzx00

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Quote from: Beparanf on December 19, 2022, 11:32:56 AM

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.

I've tried this multiple times as I mostly gamble on slots and dice and this doesn't always work out the way you wanted so on your case, you were lucky to be able to recover your loss slowly. Also, trying to bet all in to recover your loss is not always the best choice to do since you will just end up losing all of your bankroll faster.

For me, this method works depending of the gamblers luck since they could just loss the remaining balance slowly since it's doesn't usually works for us.

Silberman

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Quote from: Beparanf on December 19, 2022, 11:32:56 AM

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.

While it is true the house edge can be very low on some of the craps bets you have available, and the fact that some of the bets can end in a draw can help you to slow down the losses you are suffering, we also need to remember that there is no guarantee you will recover any money while playing craps, in my opinion someone that feels like he is about to lose control needs to simply close the website of the casino in which they are paying and begin to do something else, as otherwise they will end up betting all the money they have in their account in an impulsive bet.

molsewid

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Quote from: o48o on December 19, 2022, 02:09:36 PM

Quote from: Beparanf on December 19, 2022, 11:32:56 AM

Depends what games you play. In some games like craps you mentioned, there's no strategy really, and you might as well put all in one bet because it wouldn't matter if you slowed down or not probability stays same.

But i admit that tend to do this on skill based games and sports, adrenaline from losing makes be bet even harder without thinking straight and instead of analyizing teams or fighters, i go with my gut, trying to catch big wins with high risk. Best way for me is to have a walk and breath fresh air about 30 minutes, and i shouldn't get back to my computer until i am totally cooled down. Otherwise i make bad decisions.

Yes this way can reaally help you get out of your anxities, being anxious makes us to mlre things that we shouldn't, when we are about to have a lose streak, better to take a pause or maybe stop for the whole day so you can get relax and you will not get frustrated more because when you do yoh will forget to have a proper judgement.

serjent05

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It is always a bad thing to chase losses so when I am on the red streak and have lost all my bankroll, I'll just stop and prevent myself from depositing again until my next gambling session schedule. I find @OP's strategy interesting I wonder how much OP lost if the result of the roll is 7, betting $5 on each number. How many times do I need to win to recover that loss? I am not familiar with craps so this strategy stated by OP interests me.

o48o

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Quote from: Beparanf on December 19, 2022, 11:32:56 AM

Depends what games you play. In some games like craps you mentioned, there's no strategy really, and you might as well put all in one bet because it wouldn't matter if you slowed down or not probability stays same.

But i admit that tend to do this on skill based games and sports, adrenaline from losing makes be bet even harder without thinking straight and instead of analyizing teams or fighters, i go with my gut, trying to catch big wins with high risk. Best way for me is to have a walk and breath fresh air about 30 minutes, and i shouldn't get back to my computer until i am totally cooled down. Otherwise i make bad decisions.

Desmong

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You are very lucky that is why should not always low to win, we need to slow down and make a rebranded strategy or calculate our risk to reward ratio so that we can know how much we are risking and how much we are winning if eventually we become lucky to win the game. I do this Everytime I make bet that is why I do make little profits and is very okay for me.

wildan88

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And rightly so, but what percentage of people are able to adhere to this? You can come up with all kinds of good intentions in advance, but once you have lost the money, completely different laws apply. Then try to keep your control and self-control. In that respect, it would be easier to bet your entire bankroll on low odds, then you run less risk and then you also have no money left to recover your losses.

BitcoinPanther

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Quote from: darkangel11 on December 19, 2022, 01:45:09 PM

Quote from: Beparanf on December 19, 2022, 11:32:56 AM

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 what if you keep betting x2 and losing?

You said you stop when you recover $50 and what happens when you keep betting for 2 hours and are still down $50? I guess you keep betting indefinitely, until you get so tired that you fall asleep or something... Cheesy

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

freedomgo

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Quote from: BitcoinGirl.Club on December 19, 2022, 11:50:32 AM

Quote from: Beparanf on December 19, 2022, 11:32:56 AM

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.

darkangel11

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Quote from: Beparanf on December 19, 2022, 11:32:56 AM

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 what if you keep betting x2 and losing?

You said you stop when you recover $50 and what happens when you keep betting for 2 hours and are still down $50? I guess you keep betting indefinitely, until you get so tired that you fall asleep or something... Cheesy

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.

Viscore

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Quote from: NeuroticFish on December 19, 2022, 11:46:42 AM

Quote from: Beparanf on December 19, 2022, 11:32:56 AM

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.

Actually you were overly lucky imho.
When I lose over a certain amount, I simply stop. And I play as usual some other time, maybe I recover some of the loses, maybe I don't.
However if you are focusing too much on recovering the loses, even if you "go slow" you have a very good chance to go deeper down.
Juist don't gamble more than you afford to lose and you'll be fine.

Same with my thoughts. It’s hard to recover your losses when you’re already at the losing edge, the best way is just to stop. Because in my own experience, even if I have to slow down, still it doesn’t change. The rest of my bets are still losing so I believe once you start losing your bets, it’s better to just stop and call it a day. Don’t wait until all your money are gone. Just gamble again when you think you are ready and always gamble at an amount you can manage to lose.

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Quote from: Beparanf on December 19, 2022, 11:32:56 AM

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.

Chasing losses and going all in? That's the fastest way to lose it all and I think most of those gamblers experience this same thing. That may work on your end but everyone's circumstances are different though so this isn't a guaranteed win in the end to be at breakeven. This is subjective too considering not everyone do have the appetite to have it slowly, days probably is too slow.

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Slowing down is indeed very important and one of the most crucial strategies to implore when in the process of recovering losses in gambling.
But then also, from what I understand in what the OP shared with us, the type of game a gambler choose in the recovery process also has a huge role to play in thr success or failure of the recovery, different games have different house edge and I think this is where it all lies, choosing a game with a really high house edge could also mean that the recovery process might end up failing even if slow down mode was activated for the course.

GxSTxV

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Hehe this lesson will be painful to learn, i doubt that this is your first time losing because of not slowing down and that anger and need of recovering your losses in one hand makes you lose it all we know if you have lost money while gambling, it can be difficult to recover those losses because of our emotions. And your advice is very important for anyone that have been losing much money in gambling. But it’s also hard to apply especially if you spend much money trying to recover that money and you keep losing more since in Blackjack as in your case it’s almost 50% chance to win and 50% chance to lose on every session. I play blackjack for fun also and i start with small hand bet, i double my bet when i lose and i return to my initial bet once i win. This is a very known strategy that i use a lot and still a bit effective if you are patient enough

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Quote from: Beparanf on December 19, 2022, 11:32:56 AM

The slow down bets makes me think clearly and stop me for doing risky bet.

Betting is risky generally whether slow down to place bets or you are quick to place bets. But quick bets do not give you enough time to properly make analysis before betting. Slowing down to think is very advantageous, making decisions in a hurry is a major reason for bad decision making. You also should not chase after your losses, you can end up losing more. Any money you loose to betting, consider it as a win for the betting place that day, another day will be your turn.

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I ain't recovering nothing. If I already lose a big amount, then that means that that day/session is not for me. Only ever lost $20 a session so there's no point chasing those after I lost them on each week. But yeah, this strategy works if you want to get something back from what you spent on your gambling, or at least recoup some of your losses in the process. You will, most definitely, not get 100% returns on what you put out especially in gambling (unless you're really lucky and all that).

Also, how is Martingale equivalent to slowing down your bets Huh

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Quote from: Beparanf on December 19, 2022, 11:51:10 AM

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.

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We all know that but the problem is that when you are in the heat and rage of that session you don't logic with a cold head and thus it is almost impossible to stop.People do realize this after they have lost it all,then they stay thinking after that and analyzing cold headed what really happened.This was also my personal experience,one such session when I lost really big,after that I kept thinking a couple of days until I am to the conclusion that I should stop gambling or at least to play a predetermined bankroll.

It is much easier to do than to say though,it is very difficult to try and implement this in real life,otherwise if it was easy we would not have a lot of addicted gamblers.

Topic: Slow down if you want to recover your losses - page 6. (Read 796 times)