Pages:
Author

Topic: Why do people lose in gambling and still go ahead and bet more? - page 10. (Read 2047 times)

sr. member
Activity: 1106
Merit: 398
Duelbits
Although gambling is full of uncertainty, it is also full of unexpected surprises. Many people have high hopes for the gambling they do, even though their gambling experience is not good, where they spend more money than they earn.

Winning becomes addictive, and losing becomes more and more curious about gambling. And that's how gambling is, where they continue to spend the money they have to place bets, and when they win, they lose the winnings by continuing to gamble without stopping, with the hope that a bigger win will come their way. However, instead of getting a bigger win than before, this behavior only makes him lose even more and loses what he has and earned.

And if you meet a friend who behaves like that, before everything gets even worse. Tell them how important it is to limit the budget and time spent gambling, because this can help them to control their gambling activities better.
hero member
Activity: 1470
Merit: 790
ARTS & Crypto
Because gambling is about luck, sometimes we lose and some others we win. But the important thing here is knowing when to stop the session, understanding when you already won enough for a day and walking away with your profit.

And the losing streaks can be rude, sometimes it takes several days or weeks to gat back to a winning run. But the only way to do it is by keep trying it.

If the lose is huge or bigger than you can afford, then is time to quit gambling, that's the right thing to do when you don't understand your limits or when you are an emotional player.

That's right, and I would like to add that in gambling, of course, it is important to remember about money management. It is like an indispensable companion in the world of gambling. I believe that anyone who at least occasionally tries their luck at the gaming table or in an online casino should strictly monitor their finances.

One of the key rules here is to allocate a small share of your salary to gambling entertainment. This will help not only to control your spending, but also to avoid serious financial problems. It is important to set a limit and stick to it, not allowing yourself to exceed the established limits.

We all love excitement and adrenaline, but it is important to remember that a responsible attitude to your money is the key to success and enjoyment of the game.
full member
Activity: 700
Merit: 205
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.
I do emphasize on this everyday and the every time that gambling is all about opportunity and the luck when you are opportune to win a good or larger amount of money in a gambling platform it is not based on your prediction it is based on your lock and the amount you deposited because it is obvious that the higher the amount in the deposit in gambling with determine the rate of your winning amount so winning a small amount of money is dependable on how much or the value of money you stake, why some persons may use small amount and deposit and win high ratios of money.
legendary
Activity: 3346
Merit: 3125
Because gambling is about luck, sometimes we lose and some others we win. But the important thing here is knowing when to stop the session, understanding when you already won enough for a day and walking away with your profit.

And the losing streaks can be rude, sometimes it takes several days or weeks to gat back to a winning run. But the only way to do it is by keep trying it.

If the lose is huge or bigger than you can afford, then is time to quit gambling, that's the right thing to do when you don't understand your limits or when you are an emotional player.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
Because they're addicts? Because they're delusional, hopeful, need to win to feel better or change their financial situation... But maybe they keep coming back because they enjoy playing. Maybe they know that eventually they'll hit a jackpot. It's really hard to describe all the reasons behind people going strong despite difficulties and losses. Why does one person give up at first signs of trouble while someone else keeps going until the body gives up? The answer is that some people are more stubborn, have strong psyche and most can't do math.
legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.

In fact, we've had a lot of similar threads in discussions about things like your post. in fact, I almost always say the same things regarding gambling, losing, continuing to bet even when losing. but ok, there's nothing wrong with what you made in this thread. after all, everything is still within the theme of discussion about gambling. in your friend's case, there are actually many of us in the community who almost do the same thing, in fact there are many factors and causes for someone to do it continuously even though the fact is that they always lose. however, every gambler has different causes but in the same case. in short, lack of self-control and other external factors. so, what should I suggest? if he is my friend, it is very important to get to know the personality of the person we want to give advice to. Don't let our suggestions be accepted otherwise. that's why, if you don't have good, appropriate advice, and can really help him. or, at least provide a solution. I don't recommend it to you, unless your friend asks you for advice directly. the problem is simple, it is not certain that your suggestions will be accepted and listened to by our friends. the cause, there are various factors regarding the psychology of gambling. but if it makes you want to give advice, give him a good overview of gambling, an understanding of responsibilities and limits that only he can afford. after that, your task is complete. for me, it's that simple. one important thing to know before suggesting, if you also do the same thing, it's the same as a joke.

sr. member
Activity: 658
Merit: 250
20BET - Premium Casino & Sportsbook
Actually i don't encourage anyone to gamble because it is a person's personal freedom so whoever has money and can spend that money anywhere. Your friend is getting addicted to bad gambling and is constantly losing money so stop him from doing it. If not the next gambler may go into the various crime worlds to raise money. Gambling is all about luck so there is a lot of testing of luck along with dealing with wasting money and you can't change luck at will. There are many people who lose bets again and again because they know that there is no technique to improve luck.
legendary
Activity: 2086
Merit: 1058
One of the major common problems with gamblers is being to expectant, gambling is a 50/50 game, a game of risk and chance, there's every chances of losing and so are there chances of winning, but they must also remember that the chances of losing are way more higher than that of winning so being too expectant of a win all the time might just mess up one's mental composure just as you've earlier stated.
Again, too much expectations brings disappointment, but when you just play and expect nothing but the fun and the thrill of the game, rather than the outcome of the bet.
Due to house edge, most of the time it is more like 49/51 to casinos favour which means that you are not going to get what you want out of the gambling because even if you end up with just straight up one loss and one win back to back all the time that means you are going to lose all of your money. Realizing that you are going to lose your money no matter whatever you do, is a way to do better on the long run and should be something that we care about.

We cannot really make a lot of changes at all times, but we need to end up doing something that could benefit everyone as well. It is not that easy and it takes time but realizing it eventually will make you richer because you will stop trying to make money from casinos and you will start to see them as just entertainment and nothing more.
sr. member
Activity: 308
Merit: 256
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards is.

He who fight and run away lives to fight another day, one of the reasons why people after lossing will still go back to gamble is as a result of chasing losses and if gambling is seen beyond to be just a game it leads to addiction which is very bad because at that point you are no longer in control of the game it is the game that is controlling you at that point which can be very devastating and causing emotional unrest. Gambling should be a fun play. Yeah there is an excitement that comes with winning such that any one who has been lossing might want to continue in order to see if they can still win and as well the that experience of winning
sr. member
Activity: 1400
Merit: 420
I think this has to be ironed out, people are not gambling because they are winning or earning from doing so, they are gambling because of the understanding that its a form of game in which they need to do and enjoy their selves whenever they are having time to play, they wouldn't mind the cost on doing that since its all about catching fun with gambling rather than making money as some gamblers have already misunderstood the whole thing.
I think op's friend gone mad with his greedyness and Some people those who think gambling is a way to get rich person in a quickest time he is on that list. These people don't know what is the main motive of  gambling they should know that firstly gambling is not only for making money also having fun also there should be some rules for not getting traps also. They should know how to control their self then enter in gambling.
sr. member
Activity: 672
Merit: 416
stead.builders
I think this has to be ironed out, people are not gambling because they are winning or earning from doing so, they are gambling because of the understanding that its a form of game in which they need to do and enjoy their selves whenever they are having time to play, they wouldn't mind the cost on doing that since its all about catching fun with gambling rather than making money as some gamblers have already misunderstood the whole thing.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
There is nothing to suggest.

Your friend here is running the biased logic of the gambler that the next roll will be a win because the previous bets were lost. What they need to realize is that in EV- games the casino will always win in the long run and there is little place for applying your logic. In games like these, the next roll or game does not get influenced by what the previous roll was.

Try showing them some of the math behind this an then see what happens to their habit.
hero member
Activity: 952
Merit: 662
No matter how careful you are, you will always lose sometimes because gambling is such a game that sometimes you lose sometimes you win. That one lose does not mean he should stop gambling because there is no way to completely avoid losses and that does not imply that gambling is not profitable. People are making a living off gambling, you just have to figure out a way to remain profitable and also hope for luck that makes the process easier. So, people will continue to lose but if you don't give up, you will win and make decent profit. If you are gambling in such a way that one loss will force you out of gambling, then you are not managing your risk properly.
I'd say "careful" is something you can't find in gambling, you will never ever avoid losses. Unlike pilots who never make any mistake when driving airplane, doctors who never make any mistake to operate their patients etc.

In gambling you can win and lose, definitely you will lose and sometimes you will win.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
Yes, with repeated attempts we might win someday but the point is that we shouldn't stress ourselves over winning a lottery.
Doing that, we would just decrease our mental well-being and lose money which will just increase the impact.
This is why maintaining a balance is strictly necessary while gambling.
Gambling is that we play against our emotions, and any situations that arise provoke us to commit erroneous actions. If a person is easily angered, then he will succumb to this and it is better for him not to gamble, because he will begin to do things that he did not even know he could do. This even happened to me once, I simply didn’t recognize myself, it was terrible, but now I bet on my bankroll and haven’t lost my temper for several years.

This instability is also called tilt, the main thing is not to fall into it, otherwise it will be very sad for us. I have seen even professional players go on tilt and lose a lot, but they still know that in the long run they will be able to win something and pay off their debts while on tilt. Perhaps some people should even work with a psychologist, this will certainly help.


That is how it starts. At first it looks cool and you win money in the beginning but as you keep playing on you lose more money.
It is at that point when our emotions kick in and tell us to keep trying until we win more money.
But at that point of time we should stay calm and think wise. If we chase loses we lose more and that is why we need to set our own guidelines and strictly adhere to it.
sr. member
Activity: 616
Merit: 271
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.
Some gamblers just enjoy doing this without thinking about money.
But for the others, I badly say that most of them are in the chase of their losses, and what is in there is that --if they stop gambling, they can't bring back their losses, so they keep on gambling even if they still lose.

This is the nature of gambling and I know everyone is aware of this. Once you get addicted to gambling, it is definitely hard to stop. I can't say all gamblers are addicted but the majority have fallen already in a situation that is difficult to escape. They are not gambling for the sake of taking back their money, not in the way of enjoying themselves.

Gamblers who are addicts will always give excuses why they do not want to let go of careless gambling. OP's friend  is gambling more because he has never made huge wins before,  what an excuse! When gamblers become too desperate for a particular thing (ofcourse big wins), they begin to make rash decisions like gambling with amounts they can't afford to lose, gambling everyday, going into debts just to gamble and putting in their time and resources into gambling. Being desperate ofcourse leads to addiction and the worrisome part is that these gamblers do not see anything wrong with their actions. There is no point encouraging anyone to gamble constantly so as to make big wins because gambling is all about luck. Big wins can come anytime.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
No matter how careful you are, you will always lose sometimes because gambling is such a game that sometimes you lose sometimes you win. That one lose does not mean he should stop gambling because there is no way to completely avoid losses and that does not imply that gambling is not profitable. People are making a living off gambling, you just have to figure out a way to remain profitable and also hope for luck that makes the process easier. So, people will continue to lose but if you don't give up, you will win and make decent profit. If you are gambling in such a way that one loss will force you out of gambling, then you are not managing your risk properly.

Obviously, because after all defeat will always be a part that will never be separated in gambling, no matter if for example you are very careful but still the name of defeat will always be a sure thing, and this is why we are always advised to only bet small amounts in gambling which is because the possibility of defeat will always lurk until whenever but with you only betting small amounts then when you lose you will not feel too emotional because you only lose a small amount.

Haha on the other hand I am quite confused about the opinion that you conveyed above my friend, you told me that defeat can never be avoided in gambling but on the other hand you also said something that seemed to encourage and motivate gamblers to keep gambling by telling them to find ways to be able to bring more wins, and I will tell you that whatever method you use in gambling actually all of it will not really affect the results at the end of the session, I will tell you that no matter what method you use in gambling, it will never be able to guarantee victory because only luck can really make someone win while on the other hand anyone can never control luck, and this is why victory is always unknown when it comes, and you also have to understand that there are no long-term benefits in gambling, meaning that you cannot advise someone not to give up because gambling is not something that has any certainty in terms of winning. And another thing from what you said about winning in gambling I see that you are not a gambler.
legendary
Activity: 1358
Merit: 1565
The first decentralized crypto betting platform
It is an emotional issue. The person who ends up losing more than he should, deep down, knows that he shouldn't bet more than he should and has planned before the start not to bet more than X, but he goes into tilt and tries to chase his losses and ends up losing much more.

It's not impossible, but only if that amount is realistic. Like , take me for example. I'm happy with winning $200 with my 20 cents stake. That's my goal so to speak. And I've succeeded in that several times. But if my goal was to win a million, maybe I wouldn't achieve it in my whole life. See? Tell your friend to set realistic goals.

Man, it's a x1,000. It's like if I bet $10 and win $10,000. I don't know how many times you say that's happened to you but it's got to be very infrequent.
hero member
Activity: 1526
Merit: 501
DGbet.fun - Crypto Sportsbook
Gambling is a game of luck but it does not mean that you will attain huge profit if you try again and again because with such tries you can also face continuous loss. I think if a person once knows that his loss is more than his win and gambling is just spoiling the worth of his money then he should quit gambling because after this the risk increases more.

For him little win was better but now if he is going to try again and again so not only the success rate increases but the rate of loss also increases. There should be a break from gambling as regular gambling will force you to put huge money as a result of which you will lose all the amounts.
But the provocative ability of gambling is not simple, it not only causes a losing streak or a winning streak and causes mental collapse, it is like a fisherman, always offers very lucrative baits and sometimes it will sacrifice a few small baits to get bigger fish, many people will be vague in the matrix diagram between losing and winning, they only know that the distance of victory is closer than ever and need to make it happen by continuing. Such manipulations that weaken the will become a way for losers to lose more and bet more to withdraw faster.
sr. member
Activity: 2828
Merit: 344
win lambo...
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.
Some gamblers just enjoy doing this without thinking about money.
But for the others, I badly say that most of them are in the chase of their losses, and what is in there is that --if they stop gambling, they can't bring back their losses, so they keep on gambling even if they still lose.

This is the nature of gambling and I know everyone is aware of this. Once you get addicted to gambling, it is definitely hard to stop. I can't say all gamblers are addicted but the majority have fallen already in a situation that is difficult to escape. They are not gambling for the sake of taking back their money, not in the way of enjoying themselves.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.
If playing is not enjoyable anymore then what's the purpose to continue? Unless if he's really after profit with a goal of gaining huge. Because those gamblers who have this desire can't stop even they keep on losing. Just give him advice to just play in moderation because gambling is a game of luck and chances to profit is slim. It's better to gamble and have fun rather than spending money then you'll be tempted to play again because you want to recover the losses.
Yeah, it's better for him to take a break for a while from gambling so he can thinks clear about his gambling activity before. If he thinks that playing gambling is only gives more losses, he doesn't have to continues his gambling activity after takes a break but he can search for other activities to fills his spare time and still have fun with it. He can't after profit with a goal of gaining huge from gambling because gambling will not gives that money to him easily and he can lose more and more money. That's why when someone feels that he only wastes his money in gambling, he must stops his gambling activity and not playing gambling again. Someone can feels bored playing gambling because of lose that he gets so he will not have to playing gambling anymore. That will be safe for him because he doesn't have to lose money from gambling.
Pages:
Jump to: