Topic: Why People Naturally Chase loses in gambling.. - page 4. (Read 783 times)

Besides what you point out, it is human nature to take advantage of every opportunity presented. Some call it greed, some call it fulfillment, but whatever the name, there's a human side that wants to take a chance because this is how we evolve in our existence.

So many of our characteristics show up in how we gamble, but our failures in gambling in not understanding how the gambling platform works, thrive in tempting us to put our wants into action in gambling platforms so people naturally chase their losses in gambling.

The the list of reasons why people chase losses I would like to add such effect: when people gamble, they want to end their session with a win, with a round or solid amount on the balance, they often make that "just one last bet". I catch myself doing such things from time to time. When I am about to finish and I see that I have $49 on my balance for example, I play one more round to make it $50. If I lose, I try to get back to either those $49 or make another attempt to get $50. This process can be repeated several times, and I think this is the reason why people keep on gambling and loosing.

This has happened to me few times, and from it, I've leant to always be conscious of myself and my decisions while gambling, making sure I do not allow my brain to deceive me into believing that my losses is because a win is around the corner, making me to gamble way more than I've planned to.

So, from your own understanding, what do you think makes people chase loses aside greed which I believe many of us are already familier with?.

Yep, this reason might be the biggest reason that make people become addicted to gambling.

They thought if they keep losing, it means the future bet will win, while the truth there's no such algorithm or system that programmed to be like that. Every bet has a same chance to win or lose, the previous bet doesn't have any influence or affect the next bet.

Another reason is they didn't want to spend time and effort to get well paid jobs, so they live in miserable and don't have any skill to compete with other, which make them have to find "instant and easy" way to make money.

Exactly, it's really weird how people are so mystified with the fact that people want to try and chase losses when that's the natural instinct that you'll have when you gamble, you try to get back that money that you've just lost, that's how they do it, maybe the reason for why they're so mystified with how gamblers chase losses probably comes from the fact that there's gamblers out there that has this one as their main cause of their losses and so they end up losing more money than they should lose. Totally agree on that, accept the losses and move on, a new day shouldn't be a reason for you to chase the losses that you've got yesterday.

Isn't that a normal thing to most of the gamblers? No one wnts to lose and the reason why they simply embraced the risk of betting is to win of course. This action speaks for a gambler's emotions and I believe we all share the same feature. It just varies on how we would react whether you'd be doing it with aggression or just have it in mind to hope and to get back with the amount you lost at least half of it. Having bigger drive to win it back totally will just trigger your to bet big and continuous; if you're lucky then this will be good but if not, what to expect? Just doubling your loss. We have to be rational in gambling as well. If you know that we have no control of the outcome, then there's really no sense of forcing things to be in accordance with your will. You may again try the next day but accepting what happened on that day you lost, would be best, like a restart of a new day, new chances of winning on your next gambling attempt.

Hi everyone,
Here actually is my finding on why people chase loses in gambling, do you know that it's natural for a gambler to chase after his or her loses? Well, if you don't know, now you know, it is natural in the sense that ; the desire is inbuilt, it is we ourselves that learn to put or subject the desire to our control, same way it is natural to feel bad when you lose a bet, but you can be happy if you choose to, and can control your emotion.

One of the reason why many gamblers naturally chase after their lose is due to one thing that is built into every game known as the "near miss effect", after every loss, a near miss effect makes our brain believe that a win is very close, and this automatically makes the player to keep playing and playing, even while he or she is losing, his or her brain convinces itself that a jackpot is just around the corner, this makes the player keep playing until he or she discovers that his or her bankroll is empty, this is when anger and regret usually sets in, you begin to feel like you were not really yourself all that time you were gambling, like you were hypnotized or something, and you only regained consciousness of yourself when you have already gambled all your money away.

This has happened to me few times, and from it, I've leant to always be conscious of myself and my decisions while gambling, making sure I do not allow my brain to deceive me into believing that my losses is because a win is around the corner, making me to gamble way more than I've planned to.

So, from your own understanding, what do you think makes people chase loses aside greed which I believe many of us are already familier with?.

Your brain lights up like a Christmas tree after your first major triumph. Like drugs, man. You follow that feeling even when the chances are against you because it hijacks your reward system.

Yeah, you are right, but personally, like I would always say, I grew past the point where I used to believe that gambling was just all about having fun and nothing else, but the real truth is that, any one who is gambling will be doing it for most of the time.
I too used to tell myself that my gambling was all for the fun but with time, I realized that I was only deceiving myself, and this I could tell from the way I usually do feel bad anytime I gamble and lost all my funds, even when I've initially prepared that fun for gambling purposes alone.

So, in essence, I would say that pretty much anyone who is gambling is interested in winning money, but then, most still are living in the illusion that they are only gambling to have fun and not to make money, no body enjoys losing money I believe, and unless a person is already a multi millionaire or billionaire, I would say pretty much everyone who is gambling is doing so to win money.

As for someone who already has the intention for making money with gambling, you should always expect chasing after loss in other for such person to meet up with his budget, but the whole thing has been on a misconception because we cant chase after losses in gambling or make it as a means of income, when we are gambling, we are being involved on two things, to either win or lose a bet and gambling should be done as according to how we can afford for it, have fun and not to make it a means of making money except it comes in by luck

Hi everyone,
Here actually is my finding on why people chase loses in gambling, do you know that it's natural for a gambler to chase after his or her loses? Well, if you don't know, now you know, it is natural in the sense that ; the desire is inbuilt, it is we ourselves that learn to put or subject the desire to our control, same way it is natural to feel bad when you lose a bet, but you can be happy if you choose to, and can control your emotion.

One of the reason why many gamblers naturally chase after their lose is due to one thing that is built into every game known as the "near miss effect", after every loss, a near miss effect makes our brain believe that a win is very close, and this automatically makes the player to keep playing and playing, even while he or she is losing, his or her brain convinces itself that a jackpot is just around the corner, this makes the player keep playing until he or she discovers that his or her bankroll is empty, this is when anger and regret usually sets in, you begin to feel like you were not really yourself all that time you were gambling, like you were hypnotized or something, and you only regained consciousness of yourself when you have already gambled all your money away.

This has happened to me few times, and from it, I've leant to always be conscious of myself and my decisions while gambling, making sure I do not allow my brain to deceive me into believing that my losses is because a win is around the corner, making me to gamble way more than I've planned to.

So, from your own understanding, what do you think makes people chase loses aside greed which I believe many of us are already familier with?.

This is very common for gamblers who chase their losses at the gambling table, they want to continue playing in order to minimize their previous losses. It's best if the funds allocated from their salary have been used up at the gambling table, it's best to stop and not continue again, this will make you experience far more losses than before. You need to control your emotions and restrain yourself from continuing. Your mind is no longer clear when it comes to spending allocations for gambling funds.