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Topic: Threshold of Loss in Gambling - page 11. (Read 1985 times)

legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
July 12, 2022, 11:57:13 PM
#36
I can't determine the threshold in every time I play gambling, it depends on what I'm playing. but if you refer to what you describe according to research, gamblers are happy with small wins it is true and tolerate small losses, but when a gambler has reached the threshold of losing I think this is different for each person, if the gambler has a tendency to addiction it is very possible he  will deposit money back to play. Referring to the op's question: I only allocate 5% of the weekly money regardless of winning or losing.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
July 12, 2022, 10:34:42 PM
#35
I am far different from this because I only allot my gambling funds for a certain time , example my monthly budget is 100-300 dollars only as that is the amount me and my wife come to agreement .
so when that was reached then I will stop playing , but also I have a target win like doubling my capital, If i am using 200$ to gamble? when i reached 400 then I quit.
legendary
Activity: 3374
Merit: 1922
Shuffle.com
July 12, 2022, 10:32:59 PM
#34
My question is, can you remember a time when you reached your threshold of loss while gambling?
There are different factors for me like sometimes it'd be related to my bankroll, schedule of matches, and unpredictability since most of my betting is coming from the sportsbook side instead of the casino. There are times when certain events feels way too unexpected then eventually it'll lead me to a few losses in a row encouraging me to stop, call it a day and observe the teams if I plan to continue betting on the upcoming matches. When it's related to my bankroll it's usually because of having an aggressive strategy and my bankroll could only sustain a specific amount of losses.
legendary
Activity: 2534
Merit: 1397
July 12, 2022, 09:53:05 PM
#33
(....)
My question is, can you remember a time when you reached your threshold of loss while gambling?
Yeah, for me when I already realized that my losses are too much already that I can't afford anymore to lose some.
For me, having a threshold on gambling is good, it will help you not to get rekt or become bankrupt. Chasing your losses in gambling is very bad especially if you are greedy and you want those back in just short period of time, it's not good.
hero member
Activity: 3024
Merit: 629
July 12, 2022, 09:38:03 PM
#32
My question is, can you remember a time when you reached your threshold of loss while gambling?
Everytime I gamble I already have fix amount to use when playing. Im not counting the losses if I spent all my capital and didnt had the chance to win. Its because im not playing to earn (though winning is of course one of the goal if you gamble). If you keep playing even you're in losing streak that can lead to further losses. So instead of having a loss threshold, I have a fix money meant for gambling regardless of the result when I play that amount.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
July 12, 2022, 09:27:00 PM
#31
As far as my own observations are concerned, I disagree with the findings of this study. Or perhaps they are referring to occasional gamblers like me. To those who are always gambling, small wins don't count. As a matter of fact, they wouldn't stop gambling even if they are already winning big, to the point that many of them would end up going home with nothing.

And they tolerate not only small losses but even huge losses. I don't know if they even have a loss threshold. Many gamblers I know play down to their last penny. They are willing to pawn or even sell some valuable stuff in order to continue gambling. They don't stop easily.

That's what I was thinking. In my case I only play occasionally and small amounts, although sometimes I can play a bit more but on this board we have seen people telling their own experiences losing money, much more than expected, chasing their losses, which indicates that they didn't have a threshold. Or if they did have a threshold, once they exceeded it, they went into a kind of trance-like state and didn't care.

legendary
Activity: 3080
Merit: 1353
July 12, 2022, 09:05:29 PM
#30
My question is, can you remember a time when you reached your threshold of loss while gambling?

LOL, just three weeks ago, play 2 nights in a two and never win, so it was painful and frustrating, so I say that I will not play on a land base casino again as I have reach that threshold. But knowing myself, maybe it will just take me a month or two before that addiction sets in again and then go back and play once more. However, we can still play online right? but yeah, I also quit, maybe some occasional sports here and there but not that big bet though as compare to that 2 nights lost that I have suffered.
legendary
Activity: 2576
Merit: 1860
July 12, 2022, 08:03:01 PM
#29
As far as my own observations are concerned, I disagree with the findings of this study. Or perhaps they are referring to occasional gamblers like me. To those who are always gambling, small wins don't count. As a matter of fact, they wouldn't stop gambling even if they are already winning big, to the point that many of them would end up going home with nothing.

And they tolerate not only small losses but even huge losses. I don't know if they even have a loss threshold. Many gamblers I know play down to their last penny. They are willing to pawn or even sell some valuable stuff in order to continue gambling. They don't stop easily.
hero member
Activity: 2702
Merit: 672
I don't request loans~
July 12, 2022, 06:50:05 PM
#28
Not really no. Rather instead of a loss, I just set a maximum amount that I can use to gamble and I'm free to spend it all or not depending on how I feel. I consider that set amount as something I've already lost, so if you can count that as one then that would be mine.

There's instances though where money is left because I won quite a bit, but even then It'd highly depend on how I'm feeling as to whether I'd actually continue or not.
hero member
Activity: 2338
Merit: 757
Top-tier crypto casino and sportsbook
July 12, 2022, 06:48:13 PM
#27
I will attempt to define threshold of loss as regards gambling as the minimum intensity at which a gambler can no longer tolerate a loss.

My question is, can you remember a time when you reached your threshold of loss while gambling?

My threshold loss is the money I deposited or allocated I always expected that after the session I can lose that money, I never force my way to win games or the jackpot, if I win that's great if I lose that's part of the game and I'm here to have fun and to keep the adrenaline going it's not the win for me its the fun, the feeling is worth especially when you're playing games like the crash game.
In theory, the issue seems simple. Especially if you are making a general record of the total losses and profits that you get while gambling.
The general rule for this will not change: You should never bet on what you cannot afford to lose.
I know that it is never easy for any gambler to control his game mode through the recordings but it might be a good suggestion for those who want to organize their activity on the gambling platforms as this is equally possible and easy.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
July 12, 2022, 06:47:28 PM
#26
We should not make things complicated. If we do gamble, make sure that be responsible at all times. I don't believe that a certain capital should only be used. It can't even be followed most of the time.
I'm not setting any threshold or what. That's not even necessary and helpful. As long as I think that something is going wrong now in the middle of my betting session, I will stop and take a break, maybe several hours or another day. Then come back later and will attempt to do another round.


I'm not also setting any threshold since every time I play I have different amount used to play so it will all depends on when I get bored playing. But I make sure I will not exceed 100% total amount of money brought playing since this is bad figures to lose already.

And I'm sure many people also don't have threshold since many people play just to have fun and if continuous playing will be stressful especially when they are in losing side for sure they quit immediately and rest.
hero member
Activity: 3024
Merit: 614
Leading Crypto Sports Betting & Casino Platform
July 12, 2022, 06:46:56 PM
#25
Gamblers should have their threshold loss to avoid huge losses, you need to have a point where you have to stop and come back next time or when you feel that you have served your needs for entertainment, this is a sign that you have control over your gambling activity.
You know a person is addicted to gambling when you cannot stop him from playing and he has no control on how and when to stop that is why we have a need to set up our own threshold loss and strictly follow it.  
legendary
Activity: 3122
Merit: 1140
July 12, 2022, 06:39:58 PM
#24
I will attempt to define threshold of loss as regards gambling as the minimum intensity at which a gambler can no longer tolerate a loss.

My question is, can you remember a time when you reached your threshold of loss while gambling?

My threshold loss is the money I deposited or allocated I always expected that after the session I can lose that money, I never force my way to win games or the jackpot, if I win that's great if I lose that's part of the game and I'm here to have fun and to keep the adrenaline going it's not the win for me its the fun, the feeling is worth especially when you're playing games like the crash game.
You should know on drawing a line on which if ever you had spent up all the money you had allocated for such sessions then dont tend to deposit or add up more because that would really be causing much bigger problem.

Speaking on winning situation then it would be the same on which you would really be also have that kind of control on stopping right away before you would be giving back those winnings into the house again.

If you are playing with entertainment then most likely you would continue to play but if you are really that greedy then you would do the same thing but if you are really that minding on to make
profits then its up to someones control on stopping midway.We do have different levels of threshold but at least you should stick out in most considerable or fine line.
legendary
Activity: 2940
Merit: 1083
July 12, 2022, 06:29:12 PM
#23
We should not make things complicated. If we do gamble, make sure that be responsible at all times. I don't believe that a certain capital should only be used. It can't even be followed most of the time. It's a distraction for me honestly.

Regardless, know when to stop and not to push through too much even if it's hard to resist.

I'm not setting any threshold or what. That's not even necessary and helpful. As long as I think that something is going wrong now in the middle of my betting session, I will stop and take a break, maybe several hours or another day. Then come back later and will attempt to do another round.
hero member
Activity: 2926
Merit: 567
July 12, 2022, 06:14:39 PM
#22
I will attempt to define threshold of loss as regards gambling as the minimum intensity at which a gambler can no longer tolerate a loss.

My question is, can you remember a time when you reached your threshold of loss while gambling?

My threshold loss is the money I deposited or allocated I always expected that after the session I can lose that money, I never force my way to win games or the jackpot, if I win that's great if I lose that's part of the game and I'm here to have fun and to keep the adrenaline going it's not the win for me its the fun, the feeling is worth especially when you're playing games like the crash game.
legendary
Activity: 2562
Merit: 1441
July 12, 2022, 06:04:20 PM
#21
My question is, can you remember a time when you reached your threshold of loss while gambling?


My loss threshold was never defined by monetary loss. Rather losses due to controversial judging decisions in MMA.

A high percent of my losses were GGG vs Canelo, Adelaide Byrd scenarios where spectators overwhelmingly thought a fighter won the decision. And judges inexplicably cast their votes in the opposite direction.

That was the main variable in abandoning sports gambling as a serious pursuit. And taking it up as a casual small time thing.

I would guess many others can relate to this. Especially in the 2022 season, which has enjoyed the most controversial judging decisions of all time.
sr. member
Activity: 1554
Merit: 413
July 12, 2022, 05:42:40 PM
#20
....My question is, can you remember a time when you reached your threshold of loss while gambling?
It's often the amount or the number of games I set on auto when I play casino games since I don't usually top up if the balance runs out. Some gamblers even have what they call a weekly or a monthly betting budget but I don't really pay that much attention to that. Sometimes I even find it funny because they tend to ignore it when they're on a losing streak.

legendary
Activity: 2562
Merit: 1978
Leading Crypto Sports Betting & Casino Platform
July 12, 2022, 05:21:16 PM
#19
Gambling is fun. And it doesn't matter whether you go to a land-based casino to bet or an online casino. When we bet, we celebrate our wins and count our losses. According to this study, the researchers found that gamblers are satisfied with small wins and will tolerate small losses but when they hit the threshold of loss, they will not play anymore.  I will attempt to define threshold of loss as regards gambling as the minimum intensity at which a gambler can no longer tolerate a loss.

My question is, can you remember a time when you reached your threshold of loss while gambling?

The budget allocated for gambling can be of different sizes, so in each case the loss threshold is different. The only question is the discipline that allows us to stop in time, but if we are discussing the situation when the player himself ceases to want to play after a series of defeats, then I don’t know how to determine this threshold for me personally. Thank God I haven't reached it yet.
legendary
Activity: 1960
Merit: 3107
LE ☮︎ Halving es la purga
July 12, 2022, 03:44:19 PM
#18
OP:My question is, can you remember a time when you reached your threshold of loss while gambling?

I don't know in a certain way to what point in essence you are referring to, I think there is some semantics in that question that I understand as; a game section, a period of time, for example a year.

In any case, regardless of that, it is not something so strange that it happens, what you ask, there is a term that is used in the jargon of the game that is break-even, one can know that he is in losses but he still bets to reach a game section or end the month in break-even.
hero member
Activity: 1190
Merit: 543
fillippone - Winner contest Pizza 2022
July 12, 2022, 03:29:18 PM
#17
Luck does not always come to us when we gamble but we need to understand that gambling is all about making loses nd making profits. Reaching out individual threshhold could signify that it is time for us to pull and relax with the little that we have. Gambling is not a do or die affair so we should always chill and relax for a while before we continue with our daily gambling. I know that it is only gamblers that has plans that do reach their thresholds. Some gamblers can not control themselves so they don't have anything like threshold.
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