Topic: Why People Naturally Chase loses in gambling.. (Read 764 times)

As long as gambling is involved not even a professional gambler can be able to win consistently in gambling. What makes a professional gambler is the fact that at the end of the day when they want to check records of their gambling history, they can have more wins than less. And that is as a result of them being able to manage risk and make good picks with analysis. Meanwhile, I kind of find it hard to believe that there are people who call themselves professional gamblers. Is it that they get successful through gambling or because they are strictly gambling every day without any job or other skill?

We better be careful of people who call themselves professionals in gambling because they are people who got lucky for a while in gambling, so they decided to make the most out of it by sharing the idea with other gamblers to believe in them. Most of them take money from other gamblers, promising them of sure games that they will bet on and win.

Many people handle loss differently and it ultimately comes back to how deep into a loss you end up. I can actually empathize to a degree, if you are a low earner but get sucked in through a moment of madness and accidentally lose a couple hundred dollars - maybe equivalent to a months wage in certain locations - then it can cause a staggering pain. However it is at that moment that you need to be able to step back and assess the damage you've done, because you will either end up down a road that brings a lot more pain or hit a dead end. If you hit the dead end, you accept that you made a stupid move and it's all gone, you'll have to re-earn that money through graft. However if you take the wrong road you could end up losing a lot more with the idea that you can win it back.

Its a normal reaction on which if you do lose then you would be playing more to have a win and cover up on what you have lost. Its indeed a normal reaction for someone who do gambles
but on the time that you are already spending up tons because you do keep yourself on a loop then this is a huge mistake for a certain gambler would be doing. You should have that good
control when it comes to emotions when times like these do really happen. The main issue on why people do really experience shit conditions just because they had made out some shit decisions.
If you do really just that play gambling for the sake of fun then you wont be coming up with that kind of approach or behavior towards gambling on which chasing up losses and too much greed
will definitely be putting you on trouble.

Totally just that normal human being instinct on having such kind of reaction on the time that they would really be that losing money and this is why their next step that they do have in mind is on how they would really be able to recover those things and would really be able to at least break even or winning up on the other hand. We do know that when it comes to chances of losing and winning in gambling then it would really be always bias for it to be on the losing side and this is something that someone should really be able to realize it first so that you wont really be finding yourself to be that desperate on chasing up those loses or trying out to break even.
This is the main reason on why gambling industry is really that profitable due to the fact that people would really be turning out to be impulsive on the time that they would really be playing. They would really be trying out their best on making things right specially if they are really that on the losing condition. It would be making things even more worst if you would be having this kind of approach or action that you do have in mind.
People would really be that making out realizations on the time or moment that they do found themselves on a tough condition or situation on which losing up money too much. They should have done that earlier but
well people do always love on pursuing into something on which we know that it cant really be just that possible Why  people cant just simply be able to tell and notice it out beforehand?
If all would really be having that kind of fast reaction thinking then majority wont really be messing up their lives because of gambling.

One thing that triggers this is try to revenge on their lose and has also focused on a specific amount to win when the amount not longer coming as expected they would want to continue gambling, and if they incur much lose they would couple it to start chasing lose. But in all I would say is greed, this is another factor that controls most of the gambler to keep gambling at same time losing much.

Greed is one thing that every gambling has in them that is why when they go gambling and peradventure they win for the first time they wouldn't want to quit at that point, they would think is there time to shine but as they keep betting the more they encountered lose.

From desperate with his losses, he wants to recovers his losses and will continue playing gambling without stops. It will gives more losses if he playing gambling because of his anger.
He will lose more than he can imagine and that means, he can lose bigger than before. He must take a break after his lose so he will not attract to continuing playing gambling and reduce his tension because of his lose.
That can prevents more losses from gambling while he can calm down his emotion. He will not trying to spends more money in gambling because he knows that can attract more losses so by stops playing gambling for a while can avoids bigger lose.

I don't yet understand what professional gamblers are like, but I think that professional gamblers should be able to make money or be able to win consistently, but I doubt that. Even though they are professionals, I think it is impossible for them to make money or win consistently, because even though there is gambling that requires skill, it only increases the chance of winning but does not guarantee and it is not certain that you can win. Apart from that, considering that gambling is a business, there is no definite way to make money, because the host has of course arranged everything to be able to make a profit from the many gamblers.

It's true what you say, in what context can they be called professional gamblers? If you are good at gambling, such as being able to control yourself, in my opinion you are not professional but wise in gambling. Maybe if they can produce definite wins or profits consistently then they can be called professional gamblers. and also I don't believe there will be gamblers like that but what is clear is that there are wise gamblers but there are fewer of them than brutal gamblers.

On this case the word professional is being used with the meaning of someone that can profit from an activity, so as an example, if someone was a carpenter and they were terrible at it but they were still earning money with it, it is fair to call them a professional carpenter, even if they did not had the skills and abilities that many other carpenters take for granted.

The truth is that professional gamblers are very rare, probably less than 1% of all the gamblers, and yet the majority of them aspire to one day reach that goal, despite knowing it is incredibly hard to do so.

Professional gambler huh? I think that's a term I haven't really gotten used to because it's just not something am familiar with or it's just that I don't really believe that some people are actually professionals when it comes to gambling and besides on what context are they even professional? Is it that they don't lose or they are very good with there are gambling habits . If am not mistaken, gambling is something that anyone can lose control and do something stupid even the so called professionals, it's takes just a bad decision.

When a gambler takes a loss in gambling, he becomes desperate to recover the lost money and an unknown greedy force wakes up inside him and he keeps away from gambling again and again until he recovers the lost money. By doing this, the gambler is not in a situation to mentally control, so instead of recovering the loss, he faces more losses. That's why even if a professional gambler loses again and again, he doesn't go to gamble again and again and he mentally prepares himself later on how to gamble.

I would not call it "greed" though. There is a difference between losing money because of chasing losses and Lossing it because greed. actually, the feeling which comes with loses is "grief".
Greed is when you are winning money like some handful of bucks and you decide not to log out the casino and call it a day, instead you go further into gambling, seeking for even more money.
on the other hand, when the money is being lost, there is a different feeling, one cannot allow themselves to mentally feel at lost, so thete is where the grief-fueled chasing begins.

That  is the most powerful duality within the world of gamble,  grief and greed seasoned with drugs and some alcohol, can take anyone down to financial ruin .

It is true that some people chase losses, of course they gamble with greed and this will be very difficult to eliminate if we gamble without limiting ourselves and it would be better for us to be able to manage the gambling we play and don't let ourselves be played by games and also I often Seeing those who continue to chase their losses, it will be very difficult for them to win because they do it in an emotional state.
I think those who gamble after they have experienced a loss and continue their gambling will of course have problems in terms of finances and it would be better to limit themselves when gambling so as not to experience problems in terms of finances.

To avoid the pain of losing, that's why it's important to gamble with what you can afford to lose. Gambling or not, yeah it's true no one will be happy losing his or her money. Ones a gambler is not winning but losing all the time he or she get sad and it frustrates the person, if the gambler is not the type that can control him/her self he or she will get angry and starts chasing his/her loses and chasing losses will might never make them run either but to lose more. So it's important for gamblers to know that.

You are correct mate,even when you don't want to chase losses,anger,pain,grieve will make you to because no man is happy losing, especially when you lose a huge amount,you must want to gamble again to recover back that your money,which is not always possible,it's as if the more you play,the more you lose,you can even get to the point that you will say unless they finish your money,you aren't going to stop.I have gotten to that point before,and that day,I couldn't sleep til the next morning,I was just thinking about my life,and how I got myself involved into gambling.It is an uneasy path to tried.

Yes that's true, but more precisely in my opinion what makes someone chase their losses is because they are unable to accept the facts about the situation and the circumstances of their defeat, or they are unable to accept the fact that they are unlucky so when a gambler does not have a good acceptance of unlucky situations then obviously it is likely that emotions will dominate which is what triggers many impulsive decisions that are too risky.

As you said that they always chase big wins despite the fact that they have lost a lot, it is a bad action that is not recommended, but one of the reasons why they do not hesitate to do so is because they have very high confidence and hope that they will be able to recover all the losses they have experienced, And for the problem of impact, it is clear that they will definitely experience problems in the financial situation in their lives that can even make it difficult for them to make ends meet, and this is why it is always recommended to be a responsible gambler, no loser is safe in gambling, and those who survive the bad impact are those who understand that losing will always be a natural part of gambling activities.

Great ambition to win, self-confidence that exceeds financial capabilities and greed are some of the reasons why someone continues to chase their losses. Recovering losses is the plan of every losing gambler, but without realizing it they have increased their loss ratio if they continue to pursue it.

Quitting after losing for a time is recommended, but many gamblers don't do it. I personally have also been greedy in gambling, I made deposits up to 3 times in a row after I used up the previous 2 deposits because I lost on the same day. The mindset of recovering losses is certainly wrong in gambling, of course because of this we have increased losses without realizing it.

Greed is indeed the main factor on why people would really be that continuing to play gambling on which if this one isnt a problem then we wont really see this industry to be progressive
but since we are seeing the different situation on which it do really increase out its revenue yearly then it do really shows or safe to say that there are tons of people who are really that
addicted to gambling. There are some people whom might really that really plays for fun but majority would really be wanting to make money but of course we do know that house do always win
and in gambling then odds are really that always against us, not unless if you would really be lucky on a particular time then you could really be having the chance.

Gambling should be just that for fun but the essence or chance or moment that you could really be able to make money then this what pushes them to play even more.

Gamblers who chase losses are those who do use money excessively and are unable to accept that certain amount of money must be lost, people like this usually have big ambitions when gambling but they cannot properly understand the risks of gambling.
Several times lot has been said about gambling with an amount can afford to lose, one of which is also for the reason of not trying too hard to chase losses if have had series of consecutive losses.
But this is gambling which is known to everyone from various countries and of course there will always be bad attitudes that continue to be carried out alternately between one gambler and another, there will never be complete solution regarding the context of problems like this.

Basically, gambling is not place to make money because gambling always gives an edge to the house or casino so trying to pursue profits and as source of income is just nonsense that is impossible to make happen.

as you said, greed is the main factor why someone pursues their losses in gambling. it is an emotional response from them that they must be able to win even when they have lost a lot. no matter whether it will disrupt their finances or not, the point is that they can reverse their losses by playing continuously. this is like a poison, which if someone cannot control it can lead to worse things, such as emotional disorders or addiction.

But compared to many other businesses, the cut that casinos are taking, otherwise known as the house edge, is very small, so gamblers cannot really complain too much about it, as even on the games in which this number is at its highest, it cannot compare to the cut other businesses take when they sell you a product or service.

It is just that in my opinion many gamblers have the mistaken idea that they can beat the casinos, a possible outcome, but one that can be rarely achieved.