Bitcoin Forum

hello gamblers
many players are complaining about the way they always get busted, they keep playing in the same way and they are doing nothing but making their loss bigger. the point here is not about greed or being greedy, its all about the right time to stop which is very hard since no one can predict the next move in gambling. many players make good profits but they keep playing instead of stoping, and it always leads to one result,,,bust. how ? once they make good profits and starts to lose they refuse to accept the defeat and keep playing to recover, and it ends up losing all they have, the case here is not about greed, but about accepting defead. once you accept the loss and say ( its enough losing ) you can take what left from your profit, do it over and over and you will make a good profit.
if you want to be successful in gambling accept the defeat first, and the game is all yours.
best of luck rolling

I do not completely understand the meaning of accepting defeat here. What should a gambler do when he get defeated. Pack up and accept it and do not play further gambling ?

Accept the losses, so you don't lose too much. Because when you trying to recover your losses before with new deposit or more money, you will likely ended with more losses (sometimes, you can win your money back too).

Not only accept their losses, but accept their winning too, and stop when they are still on profit.

after winning good amounts, its clearly that will end up losing sooner or later, and when someone sees the first sign of losing he should stop and accepts what he lost is enough, and not to try to recover, just take what you already won, leave what you lost, and quit. better than busting

Gamblers are never satisfied with their winnings that is why the problems occur. And when they start losing it frustrates them and they think all they need to do is play even more and their problems will be gone. In reality they fall into a pit they never get out of. I understand what Shary means when he says just accept your defeat. Accept that it is not your day and move on. Come back another day and do do things you will regret as soon as you walk away from the table. 

The meaning of accepting defeat in OP content as I understand is; accept defeat and don't chase after your lose as chase after your lose can only cause note damage than good. This has been my self defense in the world of gambling and it has paid me out, as I loose minimally without any casualties.

The topic could be summarized as saying a gambler should know how to exercise self-control when gambling. Try to quit when you on a high, but if the tides turn against you, so not try to fight against it while incurring more losses.
It doesn't apply to making big money though, it just a capital protection strategy.

I've heard a story here in this forum not too long ago about a guy who was doubling his bet every time he was losing, so if he'd lose 10$, he'd bet 10$ on a chance to win double his bet. If he'd lose that for a total loss of 20$, he'd then bet 20$, then if he'd also lose that he'd go to 40$ etc.
Only that his bets were with more than 1 zero.

I hope we all understand how dangerous this thinking is.

Even in competitive video games, the advice is to stop playing if you lose too many games and you feel frustrated because the chances are you are not able to think clearly at that point.

Falling in tune with the game and giving yourself to its tight grip it's easier to say you will stop or give than really doing it. Gambling is addictive you never know how time fly's and how long you have been betting. I  am a gambler and I gamble responsibly you will not win all your bet just try not to lose all

As well all know accepting defeat is easy said than done, most gambler's can't accept defeat most especially if they have won already in the first games so tendency is they will try to recover the loss but sadly it didn't go as plan. For me, it's not about accepting defeat but it is more of knowing your limitations, when you know your losing then stop, only spend what you can afford to lost.

Nope don't accept defeat wherein always make a strategy to minimize losses .  Because if you always accept defeat on any gambling site you will end up losing money gradually and you will realize what you have done afterwards that can cause regrets . So always bear in mind to play safe and always make a specific move or decision before anything else because that's the most important on this kind of game.

Winning and losing is part of gambling, you cannot always win and you will no always lose, these two are part of the games, it's up to two us on how to take these two but you cannot become a responsible gambler if you do not know to take losing and winning, there's no such thing as always winning in gambling.

Are you sure?It wont work that way no matter how you do say on accepting your defeat and staying on the loop you cant assure on making good profit.Accepting defeat doesnt have the feelings on either making money but just having simply the fun he do seeks.Getting busted will always vary on how luck you are on a particular day which means its all random.Your lucky then you win no matter what kind of betting you are doing.Always chasing losses is the main culprit why people do end up being wrecked.

If you do not accept losses, then you will end up in frustration as you will always think about the losses, regret it too much and it can be something bad for your feeling. Minimize losing is good but still you need to accept any losses no matter it is big or small. I think the more appropriate word should be "ready", we should be ready for any results in gambling both winning and losing. If you do not accept losing then it will be hard for you to decide what to do next after losing some money because of you regret the losses too much.

The more people start losing, they'll bet more aggressively. This is a natural human instinct. There's always that feeling "I'll either win back or lose everything I have. But they don't really care what amount they are putting in risk. For example even if a person started with 1 BTC, reached to 4 BTC and lose 2, he'd be willing to bet the next 2 BTC at once, not realizing he's still in 100% profit.

That's why there should be a stop mark on win and on lose. For example you can make a rule to withdraw your initial bankroll if you double your amount and play with the rest or restrict yourself from playing on the day when you lose more than 10% of your bankroll. If you are really addicted to it, asking a family member or friend to help you remind yourself to stay within your limits would also be useful.

Maybe what OP want us to understand is accepting defeat will give you chance to control your demand in time of wanting to win back the losses.
I can understand what he wanna say here because there is always a demand for every losers to bet still even though they knew that continuously losing is in their ways.

What you know OP wantes to say is:
When you have $100 to gamble for the night and lose all after a couple of hours then stop at once and accept your defeat. Go home with unwounded budget and stop being greedy taking back your loss.

But it doesnt mean you are winning big like what the title said. Its just minimizing the loss.

People who complain when they lose in gambling is who actually ahve aim to get money iinstantly n gambling. Some of them not know how fun to play gambling and then only think about win. That is why they not ready when lose.

Exactly mate,that’s what also what I wanted him to understand I only use other way to express but its indeed that we must accept our defeat for the said time and maybe come back again the next time and do same attitude .in the end what’s best here is just allocate some exact of definite amount everytime that we wanted to play so the risk of losing big is lessen and the control in our self will be in practice as always

This is the best way of doing it but this is also easier said than done. I personally know of someone who gambles almost on a daily basis. The good thing is that he sets aside a specific amount of money for it and will never exceed that if he ends up unlucky. If he is lucky, he is also setting a strict amount of winning for him to call it a day and pack up. I call it sheer discipline and I take my hat off to such kind of person.

Personally, though, I am easily swayed by the fun in gambling, and probably the insuppressible feeling to get back or to recover one's loss, that I often end up losing more than I supposed to.

Those who do not accept defeat are not completely greedy but they do not have good Money Management. A good gambler will always manage their profits or losses, when profits they are not greedy and when they lose they are not carried away by emotion.

I know that emotions will be unruly because that are a basic part of human soul. But in trade and gambling, managing emotions is very important, although not entirely good at least they are able to keep calm. A professional cannot be separated from emotion when he encounters defeat, well this is human nature.

To be honest you expect win or not but you have to accept defeat on gambling. I don't think anyone could avoid it. Nevermind you are greedy or not but you have to accept defeat during gambling. We don't know when you are going to win. But its bit true that sometimes we lose due to our greed behaviour. Most of gambler loses fund at the beginning of gambling. So you have to loss at first before you win big.

You are a big loser if you cannot accept defeat, you are living ina fantasy world if you think you are bigger than gambling and you can always come out a winner, chances are you are going to end up nothing by challenging the house and trying very hard to win every bet, that's not going to work.

Losing is part and parcel of the gambling system and if you have chosen that type of ways then you should be ready to lose! However, defeating is just the starting because you are going to be defeated several time and accepting it is the right mindset that can push you upward.

Accept loss, parallel to that learn out of the loss. No gamblers is successful or has experienced only win. It is hard to predict the right time to stop or give a break for gambling. After a loss just analyze what's the mistake and further spend on consecutive games. Here too if losing is the result giving up for the day is the best option of me rather than spending continuous until the wallet gets emptied.

If you learn how to accept then it means you also gained a lot of knowledge through that. Every mistakes you've taking, there's a good consequence which is the experience you can use until you get good on what you're doing.

Just don't think about losing, instead be positive and considered it as an advantage for having a good experience and soon you'll formulate to have a good strategy for winning.

Gambling operators are not making gambling platform that in favor always to the player. We are the same on the gambling industry, we should know to put a limit that we are going to use that whatever happens just win or loss you are ready to accept. Not necessary to spend too much big amount as a capital.

Gambling is always in favor of the house, that is the reason why there's house edge. A gambler should really instil in his mind that winning in gambling is just pure luck unless you are in the sports betting area, where the chance of winning is high if you know the sport that you are betting on. Don't aim to be rich when you are in gambling, because if that's your aim, you are heading to lose a lot of money without anything in return.

Just like they said, gambling and trading are almost the same. You have to accept some losses to achieve more profit in the future since gambling is just for entertainment purposes only and not really set for making money. But there are players who do make some money out of it but they were professional gamblers and they have some special set of skills that made them make money in gambling.

i saw many players keep playing after making big profits, after they win huge amounts they start to lose a bit, but they dont accept that, they refuse to stop at that point and take that big profit since what they just lost is nothing compared to what they won. but they want the whole amount.. and ofcourse it always ends up with loss

In that case it's clear greed, if you play without a big win and accept defeat maybe it's a different case. But what happens here is that when you win and decide to continue playing until you can't accept defeat, then it's greed that fully controls your emotions.

If you accept defeat like that it's going to be all loss for you :D I never accept defeat. I just calculate my odds and wagered money and take a lost bet as a lost bet. Nothing more nothing less. A lost bet at a casino or a sports site is not defeat. Life goes on and you keep playing. If I were to take a defeat every time I lose a single bet I'd go nuts and had to take depression pills.

One of the worst mistake of gambling is doing it for revenge thinking I need to gain back everything this site has taken from me. That would only lead to more sinking and deepening situation. For me, anyone who is gambling needs to set a milestone whether he is losing on winning the moment the milestone has been achieved, just pack up and move to try another day with a new milestone set. When you become greedy, you tend to make choices based on emotions and that is bad decision making.

Gambling is a multi billion industry due to these kind of behaviors on most gamblers where becoming greedy in the mid-way and trying to cope up with their losses without any set of goals on when to stop.

They already won some profits but due to greed they decide to continue to get even more but unluckily they do lose in the end and coming back on another day still hoping that they can at least break even.

I do not think that it is hard to stop playing if we are losing.  A sane people will definitely stop when he realized that it is not his lucky day.  The thing is, people tends to be addicted on playing that makes it hard to stop.


I think it is better to have a plan on how much budget a player will wager during a session and stick with it.  That is better than accepting defeat IMO.

You shouldn't be completely comfortable with losing, though, or you could become complacent and start losing because you've lost your focus. Being able to accept defeats is something I've had to apply in trading as well, but in my experience you should still have just a little bit of fear of losing just to keep you on edge.

It's gambling in the end anyways, so you shouldn't be expecting to hit a massive victory every time you play a game. Be realistic. Most games are also -EV so you're going to lose over longer periods of time.

These people do not have control, and they always chase their loses, they do martingale strategy on dice game if they are playing the dice game, some people who do this are high rollers, I have read that one guy losses over 200,000 Europe in the hope that he can get his money back, he ended losing everything.

You had a point and i get what do want to deliver how to play gambling using self control.
Gambling is a while of fortune even take defeat isn't a key to get win if not a lucky, the solution for this is do not be greedy just play for fun not to get huge win to avoid  a lot of losses.

Having a good judgement in gambling is necessary, it could help you win sometimes but most especially it could help you to minimize your loses all the time and stay discipline. It's hard to assume on the winning side as majority of the gamblers are losers, and therefore the best thing to do is just to enjoy gambling, take some winning if you are lucky but never expect you can do that all the time, or even most of the time, unless you are gifted with skills.

You are right, the most gambler will not choose this option because they are here to win, every gambler will fed up if they keep on loosing through gambling. So most of the gamblers will not accept the word defeat, it will not help them in any way.

Your OP can be summarize as, failure is a process to success so we should learn to accept defeat, what OP is trying to say is that, when we lose lets not make it a priority to get our fund back by paying more games instead we should accept that defeact and move on. Playing more games for the purpose of winning back your fund will end you more losses. I have to agree and disagree, as this doesn't apply to all individuals. Some individuals are good at comebacks while others aren't. We have gamblers that need a loss for them to profit while other don't recover after defeat. So the message you intend passing here doesn't apply to everyone.

It`s true that the majority of gamblers are losers. Most people are not familiar with gambling games, they just open the game and place bets without thinking, without any strategy, the only thing they see is a possible profit. You can`t gamble and expect to win just because it`s your turn to win, you need to know how to win, you need to know when to place lower bets and when to place higher bets, you need to have some kind of strategy if you wish to be profitable in the long run. If you just bet randomly, without any kind of bankroll management, you will suffer from losing more often.
I agree with one more thing with you, people should learn to enjoy and have fun while they gamble, like that every win will bring more fun, and losing will not hurt so much.

I can't deny that I have this kind of attitude sometimes, it's a mistake actually but I was able to control myself and learn.
This is a bad mentality in gambling, not accepting our loses will make our journey hard and probably we might end up getting bankrupt in the long run.

They will reject defeat, because according to them this will end in victory. And in the end they always experience defeat and cannot recover. Which initially won big, because not accepting defeat that happened was a big loss.

Or maybe you got it all wrong in the first place by trying to have a "be successful in gambling" mentality?

Perhaps try to realign your objectives. Be more realistic, more practical. Understand that the odds and the edge is against you. Math already means that you are EXPECTED to be in negative value monetary wise. So accept that. And then, see the value in entertainment. What would you expect to get back for a movie, or for a song, or for an hour's worth of games at some carnival? Entertainment, fun, the chance to maybe come out with something more.

Be at peace with all that and you win the moment you deposit. =p

Accepting your defeat won't simply allow you to win big. You also have to do something (either with luck, or strategy, or both) and in gambling, we all know that everyone loses or gets defeated at some point. With that comes the lesson. We know that we can't avoid defeat or even losses but what we can do is how to minimize those loss in order to save big.

If you were talking about greedy then people already discuss it plenty that greed can ruin your gambling results and regarding your words i think most of people here already accept their lost during gambling but it will not makes us can able to win big because gambling winning is unpredictable and for me personally accept my losses while gamble not makes me confident to win more money but it can makes me more realize that i wasn't lucky to start gambling on that day

As long as you learn from your mistakes, that will change your future.

Everyone makes mistakes in gambling especially when we were still a newbie, I also thought in the early stage of my gambling journey that winning is easy and I can fulfill my dreams here but that didn't happen, I learned the hard way and realize gambling is better if we just treat it for fun.

It is really hard to stop especially when you are losing and your thinking is to get back what you lose. Most of the gamblers are like these, greed to get back when losing and greedy if they won, they want to win more. In reality, our emotions are hard to control but I must admit that your advice should be followed. We have to know when to stop.

Correct on that mate,and actually that’s what I am pointing from the very start because that’s what is my strategy now.
being a former gambling addict from my younger age and that’s what I’ve learn from experiences.

now everytime I decide to gamble online I make sure wifey is around and she will allow me to use specific amount and also a target winning.
if I reached both the capital losing or the winning amount I will quit and try again the next time.
i know it’s hard but if we will try our best to control our lust (ofcourse with the help of someone close to us)for sure we will skip being a loser always

When we are able to accept loss, that means we aren't greedy. Stopping at some points, especially at losses state, is indeed will help us to calm down our emotions therefore when we come to gambling place again, we are already fresh and can forget the previous loss. My point here is, although we can accept our loss, that doesn't mean we will become a successful gambler. Gambling just to get fun would be better tho!

If you are not consistently defeated in gambling and end up with the profit I accept that. In gambling, there should be a defeat but that is not good if it is consistently in a row, we can not avoid that matter. Nevertheless, we can not chase big profit on gambling if your capital is too small to start with. But, you can gamble not for only seeking profit, it is just for fun and limits the capital that you ready to lose.

Does this mean, if losses piles up then we should stop gambling? Yes, it's about greed to take back what is lost but it's in the nature of a gambler not to stop even in lossing streak. So accepting defeat is not a gamblers way.

you cant blame gamblers if they want to continue to gamble for the sake of pleasure,greediness or the chance to make some profit after loses, greediness is not good if they only have a little capital, just always remember gamble for diversion purpose and not to lose most of your money.

That's the beauty of gambling in my opinion, you can improve the way you gamble to achieve your ultimate goal which is to win big and it is not an easy process as you loss some money but with the attitude of "Quitter's never wins, Winner's never quits" you can overcome those obstacles.

I think to stop gambling for a while will be the best solution for gamblers to take a break and stay calm because when we lose, we will feel that we have a chance to win in the next game. But if we continue, we don't know how big our chance to win but we will have the opportunity to get more losses in the next game. So stop gambling will help you to calm down, release tension, and take a deep breath.

It would be hard if you have no discipline.

This is one typical problem that each gambler is dealing with. We have different approach on when's the right time to stop. The solution is to practice discipline when you gamble and be aware of your actions.

I think people just go in with unrealistic expectations and they keep playing until they are disappointed.  If you are going to gamble it is best to set achievable goals that are actually reachable and be prepared to walk away if you make that much.

That should be, most of us make our own goal but not all of us can follow that goal.
Our problem can be normally seen when we are in the gambling session as it's really hard sometimes to initiate the plan or the goal as somethings we end up getting so greedy and we sometimes fail to control our emotion and I believe as long as have that kind of weakness, we will be able to make mistakes from time to time.

That is an important thing IMO, set the money that will be spent and set the profit that we wanted. The management is quite simple, you can stop your gambling when our capital is lose and never try to make a new deposit when we felt it. Just go away and come back again if you want to play again at tomorrow or in other time when you are ready afford to lose your money. And secondly, when your bet guided you to win and the target profit that you wanted has been acieved then you will have the one choice, get out from your site and save your profit and come back again later. So as, the risk that will be faced to lose a lot of money from gambling is little, even you have more time to learn more the strategy of the gambling place.

If you don't want to go bankrupt then accept you losses on gambling it will help you to stop chasing the lost amount and help you to go back home with some money left on your wallet.

Having confidence on something which you don't really influence anything sucks you.

You are a bad gambler if you do not know how to accept defeat or do not how to stop, you will end up miserable and could throw everything away if you are chasing your losses, this is what we should always watch out when we start chasing our losses, we will end up caught in a vicious cycle, you should bet to get entertain noto t bring the house down.

For part where you said, gambling is unpredictable; I somehow feel the opposite. If the gambling site is not manipulated, one can actually predicted a game (or at least closer to it) if you know the right methods.

Also, accepting defects after losing is a good thing without taking it hard on yourself. One way to accept this defect is to not dive in and playing immediately after lose a game but giving yourself a break before the next game.

Gamblers needed that losses in order to learn. They will not be a better gambler in the future if all our being controlled from the start.

Did you come up with that idea after you lose? Did you think of that prior playing gambling?

We don't want that way for some gamblers to learn but it's better if being busted will happen along the way.

This is a good idea, the truth is you can't hide or avoid the possible loss in gambling. While you are losing, you will be analyzed where you've been mistaken is such a game, especially in betting sports and poker. A real gambler will undergo on that scenario of being a loss/defeat, after that, move on and accept the reality insight.

Losing in gambling is really inevitable but if you know how to control your greed, you will not lose even more. There are really instances that even if we make such wins already, we always ask for more gains and so we still keep on gambling. Man has no satisfaction in nature but if we really want to save our profits, we should know how to control ourselves not to lose more.

Accepting your losses is not so hard if you are gambling for fun but if you are gambling in order to get money then it is clear why gamblers are unable to accept defeat, they want to get more money out of the casino than what they put in and the majority of players cannot achieve this in a consistent way, so whenever they begin to lose money they keep betting hoping they can recover the money they have lost and in some instances that will work but at some point their luck will run out and they will lose all their money and will try to blame the casino for their losses when they are the ones that were obsessed with winning at all costs.

Yes, indeed. Every time I read topics like this what always come to my mind is the inspirational quote I read from internet before, "When you lose experience is the reward". Bear this in mind. Learn to change your point of view during these bad times and don't forget to look on the brighter side :).

Accepting for what your losses on the gambling are the only solution for you and after that, you should stop gambling and take a rest. You can come back in the other time with a refreshed mind that could help you to get a big win although that is not guaranteed. We see many people/gamblers cannot accept the losses and make them get a high tension because of the amount of the money they are losing. But if they cannot accept the losses, they cannot move on from the losses, and that will be the end for them.

defeat , loss and mistakes are all the same . accepting them is the way to go to show your profesionalism but some cant just easily accept defeats   .

like what i said above , some just dont accept thier loss . to be honest im one of them . sometimes i can accept defeats but sometimes dont , no matter how i pretend to forgot my loss , there are some point that i remeber it and i feel stressed and pissed off .

small or big wins , defeats are always gets in the way . thats why we must learn how to stop before that happens  .

Accept defeat or understand the consequences of the risk of gambling, will make you play without burden. many people use this method so that they dare to use large capital to get greater profits. but of course the risk will be far greater. when you lose of course the total loss will be very large, once again this method is only for people who dare to accept defeat, but of course big rewards and big profit will wait for them

For me, many players are becoming addicted to the game when they lose they want to keep going because they feel that they will win on the round. Also, most of the winning players will surely keep on playing because they are gaining money, why would you stop if you feel your still lucky and can profit more. Yes, you're saying that players that make a good profit should stop and keep the money, but it's hard to leave the room if you know that your other opponent is still playing it's like a role. I think if you want to be successful in gambling you should control you emotions. :)

Not accepting your loss means that you are not ready to move on and this is hard if you have this kind of character. You have nothing to lose if you will have that character which is easy to accept defeat.

Everyone wins and lucky.

Setting goals is really not the problem, as a matter of fact, those unrealistic goals like you mentioned are actually what I see as dreaming big but the idea is knowing when to put a stop. I have noticed that in gambling, if you do not know how to set big goals, you keep playing game of mediocrity. Setting big goals makes players more determined to win, it bring one force that makes one wants to win above all odds.

In my opinion, any gambler that does not when to go back on a game will always end up a looser. Discipline is one major rule that can never be ignored, irrespective of the amount used in playing or the kind of game, as long as it’s betting, it is highly important to be disciplined.

I think it is like when you are trading in a certain exchange. When you risk a percentage of your capital and then knowing the Risk-Reward Ratio of the trade you are going to make, it's when you accept that you can lose the trade or not. No matter what happens, what you need to do is to be clear on what you are trying to do and be disciplined about it. No matter what happens. If you feel greedy, stop. If you feel that you are unlucky, stop. I think that's the best lesson that someone could master. I have experienced losing a lot of money because of my greediness and it's not a good experience to have.

My mindset now is that whatever I have on my capital, I need to know that it's the amount I'm willing to risk, not an amount that I need to live.

I think this is not always true. One thing I have seen in gambling is that there is no manual that guides on how to and how not to play. What works for one person might not work for another. For instance, there are people who never accept defeats and yet have never gone bankrupt in gambling. They  have a desired goal they wish to achieve and loosing will not stop them, so they continue to play till they succeed in recovering loses and as well meeting up to their target.

Though this might not work for others but still doesn’t make it a bad thing. The best advice for every player is to learn to avoid been greedy regardless of the method used in playing. I think this is my own opinion on this.

We will not be needing to accept defeat if we knew how to limit our selves before playing

We knew how tempting gambling is special when we are sitting at the table we can out of control and may lose much of our money

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But if we knew how to put enough amount in every time we play so the less of chance to spend more money is indeed,and this is how a responsible gamblers do

We do not need to accept the defeat while gambling but we will be enforced to do so. Because, gambling is working in that way.
Setting limit and then breaching the limits are usual daily routines for almost all the gamblers. If you are discipline enough then you would have quit gambling on your first big loss itself. Only due to lack of discipline, most gamblers are still continuing their gambling and they may keep on trying until they may go bankrupted.

Responsible gamblers ? Do they really exist ? I doubt indeed. People may chose gambling for what ever reasons but they stick within gambling only due to be irresponsible.

The good catch when you learned how to accept your defeats is you start to move forward and cheer yourself up, there's no reality that you can always win against the house, the truth needs to be accepted that gambling is a business and the house owners always pay attentions with their edge against the gamblers, they have all the necessary tools to keep their edge, if you do learned how to accept you will find time to try it with different approach, you'll learned how to control your emotions, remembering the last mistakes that you've did will give you some honest hints not to fall with the same mistakes all over again.

Number of people winning on a bet it is always less than number of people losing onabet but if we calculate the number of people profitable of all their bet then it could be very very low then the people lost their  even if there win few bets. So gambling means you are going to lose your money so we need to be prepared for that.

At some point in gambling yes, everyone wins but the end result (end session) is that only a few people take home a reward after playing gambling games.  Majority of them losses their winning including their initial bankroll.  This will reflect what OP stated about accepting defeat.  In a scenario where a player is winning, a single lose, if he accepted it and think that he needs to stop then, then he will be taking home some of his winnings. Everyone experience a win in all their session but only a few call it a day and exit with the winnings, thus majority of gambler losses all their bankroll then quit.  So saying everyone win and lucky is flawed.

I'm pointing it out that everyone wins and has their own luck because he said that 'only few' gamblers are lucky and win 'some' games.

Hmm, I wholeheartedly dissent from your opinion as this may mislead people as this could render them to gamble more than their prescribed limitations. If you want to win big, then pray that luck is on your side the day that you gamble and NOT BECAUSE of betting big.
Sure, betting big may render you more results and chances to win but at the same time, it carries an underlying burden of HOPE.

Let us say you gamble BIG and it turned out that you lost all of your resources, then what would be the consequences now? This would eventually create an endless cycle wherein you gamble and gamble until you recover your losses.

To reiterate, DO NOT gamble big but gamble smartly with a definite plan and goal. Set a limitation on your winnings/losings to prevent from going overboard as everything may turn against you.

Are you stupid @OP? If you lose everything you have to gambling that means you have addiction, don't accept defeat and try again, get help.

Gambling should be a hobby, anybody losing substantial sums needs to reconsider their life choices, there is no practices makes perfect when playing games of luck.

Many people does not realize the damage and the loss, until they actually face the loss. They do not take gambling seriously and think that they cannot lose big in gambling. They only realize that they have lost big amount of money in gambling and its too late then to go back and recover the loses. A lost in gambling is a lost forever and in most cases it is impossible to recover from such loses.

Who has the boat motivational speech from you. First of all see your signature and you are a in one of the gambling campaign supporter who is wearing it signature but you are saying the people who loves the gambling do not accept the loss.
I believe you are in the confused state.
Better send this post to a campaign manager to check and give slot for you. LOL he may take off from the campaign then.

Personally I have my limits for the number of bets I play within a time frame. After 3 bets, I most likely back off even if I'm winning or losing. You are right when you mentioned that people get greedy and keep Betting when they win bets, making them lose at the end most times. Let's remove greed from the picture and know our limits.

Indeed. Emotions can make you reckless on the bigger winning or losing streaks. The same for the bet sizes, people tend to raise there bets to battle losses but most of the time it wont play out.

That's because it will never increase their chance of winning when they adjust their best.
What's only important is to predict the outcome and has to be right most of the time, experts do understands that, that's why they have good bankroll management and they set a decent funds so they can also monitor their progress in whatever gambling type they are into.

I think for what He is trying to emphasize is that as a gambler or player, we should have a limits of winning and losing
every time we are in the field of gambling site. On this way Being a gambler we really need to have an attitude of self-discipline
to control ourselves in terms of greediness.

Both of you are right, and they never think about how big they lose, they still playing gambling. For some people, the loss is normal, and they will not feel anything bad, but for the other, the loss will make them stop playing gambling. The defeat reminds us of the risk of playing gambling, and we have to think to continue or to stop, and it's not because of if we continue, we will have a chance to win, it is not. No matter how much money you lose, you should accept the defeat so you can decide what you need to do next.

Well, it is one of the risks so face it if you want to win big in gambling. The chances of you winning is slightly low compare to losing but still there is a chance. Accepting defeat is one attitude that gamblers doesn't have.

I mean is when they got defeated, they will get their revenge and will invest more money into it and get their losses. This is a wrong move of the gamblers but we can't blame them if that is what they want. Most of the gamblers that did this suffered more loses although there are some who got away with profit so they are lucky if they win.

i dont think so  . me as a gambler i always think about my losses  . losses is on my mind at all times but this does not mean that i wont win or it will cause a badluck to me  , infact i still win but its better if we can accept the fact that we could loose so that no hard feelings that will be experience later on  . im not aiming for bigger wins but i still accept defeats whether its small or big because im sport  .

Well, it looks more like you can't be successful in gambling

At least, as long as we are talking about games of chance, i.e. not poker and similar games where skill matters as much as pure luck (if not more). Long story short, if by success you mean earning profits (i.e. not having fun or anything to that tune), gambling is the last thing you should stick to

And it doesn't really matter whether you accept defeat or not. What matters is how long you play, and the longer you play, the higher are your chances of losing all. To put it differently, you can win only by chance, and that pretty much means a one-off event (read, hit and run, and never look back). In short, gambling is for entertainment purposes only

Your aggressiveness make you lose then after, if you play with emotions most of the time you are losing the chances of winning against the house, as each time you make a bets and keep increasing it instead of sticking with the plan strategy, you need to completely follow your system if you wanted to win, there's always a good chance to win when you are playing according to your plans and not allowing emotions to take over.

There is a manual but you probably have not accepted it as one and you have mentioned it already, that is avoiding been greedy. This supersedes all rules. I believe that a gambler that is not greedy will understand when to say no and when to put a stop to a game. That’s the idea of setting limit to playing.

Greedy players would never accept defeat, in short, they always believe in playing till they see that all the money is totally gone and this is what leads to addiction. Gambling is not a game of desperation, the OP has broken it down completely and I absolutely agree with him, no gambler should be desperate or play desperately. Let’s learn to accept defeat and move on, this way, I believe we would be better players.

Those people were just lucky, it is very common that players bring anecdotes of people they knew that take huge risks and yet they have never gone bankrupt, but remember this if your risk of bankruptcy is anything other than zero and you keep playing there is a 100% chance that you will lose everything, it is just a matter of time, that is just a mathematical fact, even if you had a strategy that could obtain profits consistently from a casino you could still go bankrupt.

Say it to those greedy stupid gamblers out there :D. They don't know what are they limits and they will just gamble and gamble and they will only stop if they have no money anymore. I also have limits when I'm gambling. Around 4-5 bets is enough for me and I only spend a small amount on it. I don't want to get addicted into gambling.

Spending a small amount in gambling will surely not make you addicted, however, if I'm in your shoes, I would not feel the thrill with a small bet only.
I do changes my betting amount, sometimes I loss big and feed bad of course but I accepted that it's part of the game.

You won't if you stick with your strategy, however, like I said, spending small amount is not fun at all.

But how long we are gambling decide whether we are addicted or not no matter of the bet amount is small or high because it where is depends on the financial status of the each person. Keep playing the same game again and again also can be addictive so keep changing the games and also the bet amount to make ourself refresh and not get addicted to that.

It is not going to work out like that

If one is predisposed to addiction (and I think there's not a lot of difference among numerous types of addiction, psychologically), the best a potential addict can do is to simply stay away from gambling altogether. He won't be able to stick to this strategy of small bets just because he doesn't have it in him (so it's better not to risk it). On the other hand, if one can keep on playing using small amounts for some time, he can as well bet larger sums as the risk of developing or contracting an addiction will be minimal

Lol. Let's not kid ourselves. Very few people can consistently bet with small amounts. The more you make bets, the more you'll be compelled to up your wagers. That's how gambling works even before addiction sets in. The fact that you're already gambling on a vonsustent basis, even with little amount, means you're not having an easy time avoiding the act itself.

There is something called Risk of Ruin.

Wikipedia has a good article on it:
https://en.wikipedia.org/wiki/Risk_of_ruin (https://en.wikipedia.org/wiki/Risk_of_ruin)

But the 1st 21words sum it up perfectly

Here is a calculator for it.
https://wizardofodds.com/gambling/calculator/risk-of-ruin/ (https://wizardofodds.com/gambling/calculator/risk-of-ruin/)

If you are going to gamble know your RoR and live by it.

-Dave

When you are addicted, your bet amount is way higher than what you can afford to lose, and how often you gamble doesn't count anymore as you can loss a big amount of money in just one bet, especially in sports gambling.

Addicted gambler usually focus on one gambling game which they think they can win, and because it's really challenging, they also challenge themselves putting an amount that would put much excitement that could affect their financial status in life.

When it comes to greedy gamblers and addicted gambler, they are hard to accept the loss because they cannot realize that in gambling, someone should lose and the other people should win and that is because of luck. They cannot accept to get defeat by another player or by the house because they feel that their luck comes to them and they should win. We should prevent us from becoming like them by anticipating ourselves to lose control, and we try to accept the loss no matter if it's hard to feel.

I feel there is two kind of addiction in gambling,first one is addicted to the game,so people want to keep playing the addicted game so te bet amount can be smaller since they can play longer by reducing the bet amount and the another addiction is for money this kind of people will act like just you said.

There is no type to that since addiction is addiction, that is no different than other addicted gamblers.

They bet money on it, they always play it, what is the difference? They are losing a lot of money despite them betting small money since they are still gambling and still, they are losing. All I know is that their playtime should be reduced to improve lives.

You are right, addictive people will not bother much about how much they are losing, they will bet the higher amount for higher rewards but there focus will be on one game. Because they already know when to exit from the game they desired.

It is really challenging for them and they will feel more pressure as they put a higher amount on their bet. This is the problem with them. They want to challenge themselves and in the end, they will feel regret because of what they did. Yes they are focusing only on one game but they must control themselves and bet a small amount of money.

What they are addictive is something will decide the players mind,IMO.

When an user gets into gambling it is very hard to restrict himself within specific time limits. Better is to make a limit on the spending, and the same needs to be made unlike the winning and losing. This will limit the gamblers stay within the time constrain. However the gambler himself is responsible for his loss. He need to act accordingly having self control.

That's also chasing losses when gamblers becomes more greedy to get back their losses, its true that if you are on this state your mindset is to win and that's why you will put more money. If you want to win big then you must ask almighty to give you more luck on that day because even if you play the whole day without luck, then its useless.

I will advise you read the post and let it sink before throwing insults, I see nothing wrong with what the op just mentioned there, it was just an advise that I believe would be beneficial to those it may concern. Gambling might be an hobby to you but definitely not to everyone and I will like to disagree that gambling is an hobby. I believe over 8% of players, even those that that pretend to be playing it for fun has a part of their heart willing to make money, so it’s better to know the dos and don’ts to making money.

Honestly, the habit of wanting to recover is one mistake that is been repeated by so many gamblers because we always believe it’s a solution but rather, it’s a big problem. The OP has explained better and nothing more can be added, it is important we all learn how to accept defeat.

Technically, I agree with you

With that said, though, I should still add that it is not like if you start betting with small amounts, you are necessarily and always going to turn into a gambling addict. If you are not predisposed to gambling, if it is not in your character, you will just grow bored eventually as betting small is exceptionally tiresome and dull

So instead of bidding up, you will just walk away without even looking back or thinking twice (I've been there with computer games). In this way, you can in fact consistently bet with small amounts, especially if you are in for something else other than (just) gambling

Gamblers should accept defeat as we all know that gambling is a risky platform to play and it's in the favor of the casino that is why gamblers will lose more and the chance of winning is very low compared to the chance of losing money plus having problems eith the platform and the reason why you should play on reputable gambling sites to gamble.

Absolutely correct because without accepting defeat it will be impossible to get back on track with another spirit to win. Many loose their place in winning gambling because they couldn't get up to accept defeat, remember that, without the acceptance of defeat it will be hard to get the needed win.

If you have used some of these well known strategies todate, you will have no problem accepting this theory of defeat( I mean losing) because this all leads to to a win.

And the fact am saying this am not by any chance endorsing these strategies because in the long term the house gets to win.

It depends because people do have different insights towards gambling neither they would play on gradual small to big bets then it would most likely to end up on the same fate which is becoming an addicted one.

Mind control and self awareness with your actions is the key to avoid such addiction but eventually people do failed up to do so.

You needed to have a clear minds every game that you've play, once you suffer from defeat you need to move forward and make yourself free
from any stress so when you comeback and try again your luck, having the positive mindsets and keep trying without any aggressiveness will
help you out to make much better sets of plans and strategy.

The game is never going to be your's, especially pure luck games like dice. You're going to lose money over time and the occasional winnings might not be enough to cover the losses. Even winning back your spent money, you'll still eventually lose them once you start playing again.

Indeed it depends

It depends on the mentality of a particular person, his psychological setup, whether he is "hard-wired" to become a gambler. If he is, then starting small and trying to keep it small will be an exercise in futility as there are only two ways for a gambler to quit gambling. The first way is to never start gambling in the first place (but that may be too late), and the second is to stop being a gambler entirely. But the latter involves such deep changes in one's mental constitution that are typically not possible without professional help from outside (and sometimes impossible altogether)


It doesn't work that way with gambling addicts (or any other addicts, for that matter)

Its funny because some gamblers will have the mentality like 'my time will come when I hit the jackpot if I keep playing'  ::)
Some of the really bad gamblers get so addicted to the dice games that they are convinced they will HAVE to win the jackpot at some time and keep playing until they have lost everything
It is called 'gambling' for a very good reason but some that are effected by the disease cant seem to come to terms and accept the fact they suffer from it

I never get those players which keeps hunting the jackpot on dice games. The chance is way too low to hunt for it. Just okay your normal dice game and if you hit the JP then it's just an extra.

No one worry about the number of defeats actually every gamblers concern about the profit at the end of gambling. For example user a invested thousand dollars and then the the dice roll for 10x times and won 2 Times by investing 700 USD and lost 10 times but investing 300 USD means finally it is a profit for the gambler.
If there is such defeat everyone will accept the defeat and go forward in gambling without worrying about it.

Basically, losing is in high percentage than of winning in the world of gambling and I'm not thinking that by those winning side we could get more than enough to cover up our losses. In fact,  it possible that it is just half of it and still we are losing. But of course, if we are a real gamblers it is not acceptable into our part and we need more winnings than of losing.

Is there any gambler like that? Hitting jackpot is same like when you are hoping to win in lottery which unlikely will happen soon or it takes years might be. There are only some gambler who chasing very low win chance and they are have same thought about that, "soon i will hit it soon", so they keep depositing their money until they hit it (sometimes they busted though)

Yeah, chasing your loss is actually the worst thing to do. If you are placing bets in a way and you keep on losing, then change the way you are betting. Don't just randomly go and chase your loss as you will end up making more losses. Sometimes, it is better to let go (that is accept your defeat in your words) and start fresh and new. I have seen a lot of people chasing losses were they end up losing even more. Instead of chasing take a break and then start rolling again with new strategies!

Right, by having the mindset of accepting defeat then at least you have prepared money that can be spent in gambling because gambling must have good control, therefore by making sure to accept defeat then it will make you play carefully and try to make wise choice in games is a good move.

some sites have a chance of 1/1 billion to hit a jackpot and they set a hard conditions to qualify which makes it impossible, but many players keep on hunting and wasting their time and money.

There is a worth in accepting all possibilities, to plan a gamble properly is to plan for the failed scenario.    A bad bet is often done while refusing to accept the loss that is possible, nobody wishes to lose but if the strategy is an eyes wide shut plan then expect a great chance of failure then those balance both loss and wins.

Its not a bad principle but its really hard to train yourself to sensibly sort possibilities until the ideal bet is found.

That's normal to gambler but we should set a limit on how much we should only risk.
We have our emotion and sometimes we can't control it as we want to win, and chasing loses is the only way possible to be in the winning status faster.
This is quite risky but if you know your game and you are confident you can, I think this would also work sometimes.

If you take gambling as a business then you should be ready to face loses because loses is part of the business. The risk is there and you should be ready to face the reality of losing all your funds and if luck shines on you? It might turn to be great winning for you and you will make a huge fortune. However, it is better to play gamble for fun and that means putting funds that you can lose.

You can tell that but not to every gambler, well, sure majority aims for entertainment and they can just walk away with their loses, but there are some who seems to be serious when it comes to gambling, and they think they can make money and consider it as a stable income, well, they have to prove that to themselves because although it's possible, the success rate is very low.

Gamblers never believe in the concept of accepting defeat on their first attempt, and I don’t blame them because when I gamble and loose I do try and recover it by placing a second or third bet. However over a period of time I have learnt to cut my losses, and call it a day but doing this was painfully difficult. While this advise is helpful but not many will be able to implement it, because it’s gamblers basic instinct to recover their losses and not stop till they have recovered it

Therefore, as a gambler in any gambling site we need to set goal or target for every time we are going to play.
Like if you want to play in dice games, once you see that your earning average is 3 to 5% you'll need to stop from there
then continue it on the next time you will play again. Because you are right we shouldn't be greed at all times.

Setting limits is the best way to avoid being burned out, if you put good system with your limitations then the chance of enjoying while playing is much better, you can win some or lose some but in the end of the day you are still in good mindsets that this entertaining venue will serve its purpose, when you are lucky enough then winning some decent amount can happen to you and keeping your system will still keeps you to away from being bankrupt totally.

Not all gamblers can accept defeat in gambling, especially for gamblers who have many experiences. I see my friends who gamble for a football game, and he uses money with his friends, but suddenly his team gets lost. His first expression is angry, and he says bad words with cannot hold his emotion but then we say to him that is normal if he gets lost in the game because the team will depend on how they can cooperate each other so they can win.

Do you think gamblers who lose do not now about setting limit? There was a time I promised myself to always play my games using strategies but then I realized it is not so easy to do. So many times I exceed my limit and I am left with no option than to top up my game because the first didn’t bring profit, so its normal, what controls gambling is emotions although there are gamblers that are so disciplined that once the limit is exceeded they are done with the game for that day, such players will definitely find the method very helpful.

I do not agree that anyone would be completely confident in game, don’t forget that gambling is full of surprises and can be unpredictable, the overall best thing like the player has mentioned is to step down once there is a loss.

Even rich can come to streets if they are not winning anything but keeps playing every day,so everyone needs to know their limits based on how much money they are having.Gambling can change someone life in minutes but it will happen only one in million bets so make sure you can withstand until?

That is the kind of thinking that produces players addicted to gambling, it is very easy to accept a win and we can do it without any effort but when gamblers lose instead of accepting it as easily as they accepted the win, players begin to try to recover the money they have lost to the casino and begin to make bigger bets in an effort to reduce the time it could take, however the amount you bet does not change the odds of winning or losing and as such they will keep losing money, this is why I do not see my bets as money lost to the casino but as the price needed to pay to obtain some fun, similar to what you could expect to pay to see a movie at the cinema or the money needed to buy a video game.

Defeat is something a big deal for everyone and it for sure nobody wants to keep it every day.
Though it won't make us a reason to quit but of course, it affects our mindset and makes some discouragement. If I'm losing 5 out of 10 bets it's a gonna be fair but if we just lose 8 times out of 10, there is something wrong with our strategies or in our self. It probably we don't have luck in gambling.

Indeed defeat for me is very important, because with defeat we will know what is wrong from the strategies and decisions we make. Especially for newbies, a newbie needs more losses because every loss they will get experience, but unfortunately a newbie does not realize that their defeat is important.

And maybe only a pro gambler is difficult to accept defeat because they feel too confident with the abilities they have. They will always pursue their defeat until it becomes a victory, this is what we must avoid, overconfidence makes us forget that self-introspection is important.

If you consider your defeat a lesson then you will suceed next time you try. Defeat or failure is part of life, it depends how we analyze it either in a negative way or positive way. If you think for long term, a defeat would definitely help you to become a better person.

Winning and losing is part of gambling, I don't know how can you win big by accepting defeats when it's a game of luck, you can accept defeat all the time but that will not mean that luck will be yours, when the dice roll even if you have the mindset that you will accept defeat if it's not in your favor, it will not change anything.

I've read from one case study that some compulsive gamblers are playing to lose, not to win, they just want to get the feeling of getting excited and coming back from losing, for some gamblers it's not the win it's always the excitement, you'll know that when you are playing the game to long.

Stop being a stereotype, Accepting defeat is not the thing that you have to consider winning big amounts of money in gambling. No matter how you can accept your losses the point that your luck is as low as 1% you will still be losing money. By any means accepting defeat will only save you from losing more money but it does not connect to winning big at all.


You wanna win big? Study a skill based game than a pure luck gambling game. Be smart in managing your finances as well. Lastly, be freaking lucky and put in a lot of money. You have to understand that winning "Big" is equal to "High" risk. The higher risk you put in the higher you can get but then again this are all destiny based thing.


In all honestly, I find this post nonsense. In fact winning big in OP title was never been discussed and this not connect with the content of this post.

There are two ways one behave when he is faces a loss in gambling. Either he get disappointed and leave the gambling for the time being or he become angry and is overtaken by emotions which may result in wrong decision from him. The right act is to accept the defeat and think of a plan to avoid the mistake which caused the loss.

When you're not accepting defeat then it may lead to something different that might destroy your life. If you easily accept your defeat then it means you are capable of finding a way to conquer the situation you're facing. That's how you will become strong and due to that situation, you'll learn and face it again to win.  :D

For me, it's the wonderful life hacks that we should learn.

these words are like quotes to me  :D

---

why many fail in gambling??  it's all because there are still many people who can't accept defeat, which they hope doesn't match the reality on the ground. There is no one in the world of gambling who has never lost, they must often lose but what causes them to still be able to profit is "the mentality of those who have been trained to accept defeat"

.

I don't get the point of this post...

Okaym, you want me to accept defeat? Then what?

I have always adviced people away from gambling and just because there's a horde of yesmen that want to encourage people to gamble, should I just accept defeat and give in?

Whatever happened to making your voice heard?

I think the main idea of the OP, with which I completely agree btw, is accepting your defeat before you start playing.

https://i.imgur.com/GZy4pTM.png

I know it's easier said than done, and I myself don't always follow this pattern, but we, gamblers, should at least try to follow it. It's like a lifebuoy for us in the stormy ocean of gambling.

I fully agree, learning a leason from a lost is a great thing. From there, we will know what your next move is.  We will be more observant and rational and will know what we will do if we are in a losing streak or when we are winning. 


Pride is what makes it for people to deny defeat and sadly only a few learn how to use it (pride) wisely.  Aside from that fallacy in gambling is also one of the reason why player don't want to accept defeat.

Just a very simple idealism. Accept defeat then make a bet again, its much more likely about chasing all of your loss, but I think this was just a false criteria and idea, for it will just make you lose everything.

Winning big doesn't have any tactics or plans to be followed. Its just a matter of understanding and luck. Ideals such this are just a mere influence to make the players bet all over again.


It wasn't just pride, perhaps it is also because of the goals of having money in gambling makes you feel rich. Everyone has their pride on every game but as you said it clearly only few can use it wisely, its just a matter thinking for every wise men around the casino.

We really have to try and clear our mindset before playing and lose another money. If  your purpose is to chase what you've lost then its not good for you, Its hard when you don't give it a try just like on investing. We want to win big without experiencing any losses, well its too impossible to happen and if your mind like this then losing is inevitable. I accept all my failures in life including in gambling, and started over again i'm happy enough for this.

Chasing one's losses is okay for me. I don't see anything wrong with that because pride is in our nature, all of us hate losing that's why our body wants a vengeance naturally. What is deadly is when you are now losing control, you chase your losses eagerly without even noticing that you are now starting to waste what should only be kept. If you are playing a roulette and sudeenly lose then it's okay to play again maybe 2 or 3 times more (but well, still depends if you can afford to) hoping to reclaim your losses or at least minimize it but if you failed after that then that's the right time to be disciplined. Stop! Accept that it's not your day and better luck next time :).

yes this is what i put on my mind but i dont know about the others if they knew that fact or maybe they are still insist to continue even if they arent prepared for the consequences .

not lucky enough ? means there are still a little luck remain on you . therfor you can still win but  the chances are low  . accepting shouldnt also be applied when loosing but its a good idea if we can accept if we win even at  one time so that we can move on and quit     .

that only shows that you are weak and your saying that your easily giving up . tryin isnt wrong but it should also be moderated .

Stress and more depressions when you are not ready to accept your defeats, but if you are willing to take that risk and you will be able to enjoy whatever the results may be, time will come for you if lucks permitted you to win a large amount of profits then it's added more enjoyment to your stay inside the industry.

Weak and wise look similar

Many wise people say that if you can't change something (e.g. your past and your past bets), your best option is not to hit the head against it (as you can as well hit it against a brick wall, with the same level of success) but to give in, accept the sad fact and move on. This is probably what OP meant by accepting defeat as there is essentially nothing you can do other than to embark on revengeful gambling which will only incur further losses

Accepting the risk is the thing that we should have before we gamble, so we know what we will do if somehow we are losing the money on that day. We don't need to come back to the gambling places if we don't want to see another loss because that could impact our feeling to become sad. By accepting the risk, we can come back to the gambling place at any times because we know that in gambling, we only have two choices, win or lose. We will be the winner in someday, but we never know when it's coming.

There is a big difference between accepting your failures in life and starting over again and doing the same in gambling. And the difference is there already when you are only planning to start your activity. It would be ridiculous to think in advance that you will fail with almost any of our daily life activities, but in gambling this kind of thinking is generally considered the most correct one.

I think we in fact fail in planning most of our daily activities. And that's not because we are so bad planners ourselves but rather because we are living in a fantasy world created by our imagination where things are not what they really are. It just so happens that the mistakes we make in real life can be easily fixed in a semi-automatic way without a lot of thinking and contemplating. They don't lead to massive financial losses, either. That's why we don't particularly care about them, so they mostly go unnoticed by us

But gambling (as well as trading, for the record) is totally different in this respect

I think it wasn’t defeat is what we need to accept but just a losing streak.whe you talk about defeat that means it’s a total failure but in gambling we only need to control our self everytime we are not i a good luck,we need to just stop and go home ,make yourself calm and have a rest
Comeback when you feel like you have a good mood and confidence to play again.from this point we may win or atleast save some money in risking without winning consecutively

It is not good for us because even though we are failing and repeating the same thing will easily harm us in many cases. Accepting defeat in business is good but in gambling not suggestable because we don't know whether we are going to win for the rest of life through gambling.

^ Definitely right, when the amount that you set had been lost then stop and come back in the next day when your mind gets a refresh. Because when you are playing longer in gamble it makes you out of focus and probably you can't control your emotion and makes your day failure. Accepting defeat is one of the best ways you can avoid the depress on your self. Nevertheless, that is being good at gambling if you wanted to earn a big profit, be contented of what you have got and accept what is possible happen and you are fine.

That is what op means by the word defeat. He didn't say defeat in real life, he meant that if you want to win in gambling you must accept your mistake when you get greedy during winning streaks then learn from it.


Your mood doesn't help you to win, it's all based on your luck. You only win if you are able to control your emotion and stop playing when you've gain some profit.

true, the point that needs to be considered for a gambler is how he regulates his emotions. so he knows when he has to stop and when he has to keep playing. don't force your luck too much at one time

There is no place for emotions in gambling we will have to remain stronger for winning and don’t expect about any result. Lose and win both depends on us if we only want to win we will have to struggle and if we once lose just count it as your experience and move on improve your skills and gamble again you will surely win.

It is actually the vice versa, and the whole point of this thread is to prevent gamblers from chasing their losses. Yes, we don't (and we can't) know whether we are going to win, so we must accept our defeat before starting playing and thus save ourselves from the otherwise possible big loss. Preventing a big loss is equal to big win, hence the title of this thread.

I agree with you, if we stop ourself to play continuity in betting that meant we have saved ourself from coming loss in gambling. Actually it is normal thing for you and me and also good gamblers, but it is hard to accept defeat for addicted gamblers, they can't accept their defeat in gambling, they fight till the end and in the end they always in loss. But in my thinking, accept defeat, it is better than you keep losing your whole money.   

Let's stick with practicing out brains not to follow our emotions.

I am always saying it, always repeating it, and will always say it for a lot of people to read. DON'T EVER FOLLOW YOUR EMOTIONS IN GAMBLING! JUST ENJOY THE GAME AND DON'T EXPECT ANYTHING ELSE SINCE THE TIME YOU EXPECT SOMETHING FROM IT, YOU ALREADY LOSE!.

Truth to be told, people don't necessarily lose everything with chasing their losses. In some cases they recover what was lost, and in extremely rare cases they even win more than that which was lost previously. Gamblers are aware of such cases, and that's why it is so tempting for them to try to recover. But what they forget, is that with such actions they are breaking the main rule of gambling: No matter what, you should not risk more money than you can afford to lose in one day. If you care about those around you, you should never break this rule.

Players who are emotional playing sometimes when they lose only some they panic start to increase their bet until they lose because they want to get back their capital or to win big. Players need to focus of what they are doing to make a good amount of bet. Gambling is risky so what ever happens everyone must accept that. Just keep aside your emotion in playing is the best.

Not only lost.
Another reason is if they got win several times. At that time their mind will blow up with happiness then take bigger bets because they sure they be the winner again.

I agree with you OP, the problem is that they don't accept defeat but at the same time there are those who win decent amount of money and in idea, don't plan to lose that money unlikely others who still gamble and then try to recover but some of them still have the same case. Once they won big, then they think let's play with some bucks, that won't damage me. Then they lose that bucks and say, let's play one roll and I'll recover that one buck and go. Finally they still lose everything or lost some money and then go away.

That is greed because basically gambling is to make a profit, but if you can't accept defeat then revenge is a way that comes by itself because you can't control your emotions so you can't think wisely which in the end will only get you back to zero. So by being aware of the consequences and risks that must and will be faced later is an important thing to realize at the beginning, if you are not aware of this then we will fully lose and will not be able to accept defeat.

Hmmm, that is not a good idea. That has become a self-confidence to beat a big amount because you have a feeling that you will win. The fact is that you follow your emotion which leads you into possible lose. There is a good thing here if you know when to stop and cut your profit and your losses. And yes, accept your losses when the amount that you have set was all lost. Refresh your mind and come back in another day when your mind got refreshed.

That is the reason why gambling industry still being profitable on many time periods,but still I can see that people say they are professional gamblers and living their life with the rewards from gambling alone.

Of course gambling industries is still a business so they would surely do all the things that would make them win over the gamblers. If you keep on playing even if you lose most of the time, you will surely go home with an empty pocket. That's the reality of a gambler who do not know how to accept defeat.

Agreed, one who doesn't have the mind to accept defeat will go empty pocket. People should not be with a never give up attitude on gambling. It'll easily make us finish all our funds. With gambling get defeated means take a break, should not go behind the loss for a recovery. Very few lucky users get the opportunity to recover back the losses. Following them we should not stand a chance of recovery.

Thats why accepting losses is important, because it prevents you from becoming an addict. people who sincerely accept certainly will not pursue profits to recover losses. it's not the same as in business dude, in gambling you have to be prepared with all the risks, so you don't panic when something bad happens and stay calm with all of that

I believe that only some people who could accept defeat from the house because they think that in the end, the house will take their money's away. The other people will get angry, sad about gambling games because they never learn that playing gambling is only for fun and get entertain. When we can accept defeat from the house, we will not feel bad about gambling. And we will come back in the other days because we want to feel another excitement inside the games. We should always remember that gambling is one way to release the stress among the other activity.

Absolutely yes, many gamblers will continue to gamble even when they are defeated or losing the game, they loose until they are empty in Cash and even at some point in time borrow to gamble. That doesn't make any sense for any one to involve in such act, it can trigger depression and cause addiction to the gambler.

I have already accepted my defeat years ago that’s why now I am confident each time I played that control is on me.i know when to stop and I knew when to start

This is the main thing every players/gamblers must have.self control and assignation.we will never win in this game if we can’t even lead ourselves in safeties.gambling is always here waiting for players but we as players cannot be always there because of limited resources.

So better gamble with discipline,and gamble with just enough budget

I guess this is called selection bias

The whole lottery business revolves around this thing. People start buying the lottery tickets when they see that someone wins big time as the lottery organizers make a pretty damn good show out of it, with the indirect but strong and persistent emphasis on "you can win too". Obviously, only few win, but you can't sell back your now useless ticket, so who cares about you when the show must go on?

He must be talking about accepting defeat after winning for sometime. I just guess so. When a player wins once and the next game loses then he must accept that defeat and move away to not cause more loses. Just like what you’ve said it is very difficult to acquire self discipline in gambling unless the player learns to accept defeat or loss but its not always acceptable to all gamblers. Some are more courageous after consecutive loses which cause them to lose more.

Right, but it's not that tragic if you paid just $2 for that ticket. I think over 95% of those who participate in lotteries accept their defeat beforehand, so losing is not the end of the world for them. As for the rest 5% who buy as many tickets as they can in order to increase their chances of winning, that's very unfortunate. It seems that they fail to understand that if you buy 1,000 tickets for a lottery with 1 : 300,000,000 odds of winning a jackpot, you spend a lot of money but the probability of winning a big prize remains close to zero.

It happen to most gamblers because the don't know how to stop and accept defeat. In gambling, you must know when to stop and when to resume because if lack of self control can lead to consecutive losses and in the end you will end up with no money. Don't do revenge gambling.

the main enemy that needs to be overcome is an addiction. it will bring people to defeat when gambling. it will teach them when to stop and show their mistakes. Well, maybe in gambling too, before you get a win, you need to go through defeat, but we don't know how big a loss it is. of course self-control is also very necessary in this regard.

Borrow the money will not be a solution, and he will get another loss in the next games. But take a break, and quit from gambling will be a good solution because you need to calm down yourself from the losses. You can come back again in the other day, play another game to test your luck but don't force yourself to continue the game if you don't see your luck is coming. And if you lose again in that day, then accept it, and like usual, you need to quit from the games and don't continue for playing another game because that will make your mind to think about the winning.

So far, I try to accept any result that I got from gambling because I think that is what we need to do so we can control ourselves not to lose more money. We cannot think that in the next round, our luck will come because we don't know if that will happen or not. If that does not happen, then our result will be getting more losses.

Well, if you want to win big amounts you have to lose a lot of bets with big amounts as well.
But how is this going to be a win? The only strategy to make you being profitable in gambling is to make a low amount of bets and spread your money equally to them. This may give you higher possibilities of winning and not facing defeat.

Am a little bit skeptical here because living alone with gambling funds will destroy ones life and cause them to embrace depression in life. The fact is, manybif these professional gamblers aren't solely depended on the rewards from gambling as many tends to have extra sources of income without the notice of the public, so, they the professional know that gambling is a game of luck.

Most games are entirely based on luck example can be DICE games whiles there are those though are based on luck requires some research in order for the player to win. And with regards with OP, losing is undoubtedly a part of the game but when you see yourself losing continously, you should step back for a while.

The biggest problem with a lot of gamblers is that they get emotional. Once they lose, they are always thinking they need to bet more to recover their losses. Accepting defeat is easier said than done to many gamblers. More than accepting defeat, they are thinking of recovery. However, their emotion is still a problem even if they are winning. Because they can easily become greedy and desire for more win rather than accept satisfaction. Defeat will eventually come to these kinds of gamblers.

After with you people lose because of their own mistake if gamblers will not play with good strategies and ir they Will be over confident so hg Will cause them lose money so to become a good gambler people Will have to remain calm and play accordion to the gambling rules and learn from mistakes.

It is very important to accept defeat when the game did not go your way. The season why some fake recovery services thrives so much is because some gamblers always fail to accept defeats. It is important to seek for help whenever you think you are going beyond your limit. Do not play with what you can not afford to loose. Gambling should be a form entertainment, not means of making wealth.

Indeed, I admit that, saying that is more easier but in fact, you will find it difficult to do that. the defeat you feel will make your feelings/mood change in gambling, at first you get profit and lose in an instant, will make you eager to recover losses. accept defeat is the hardest thing for a gambler even though it has a good financial impact on your gambling

Gamblers who don't have any control with this type of emotion can't afford to accept defeat, they will rather try pushing it more as long they still have something inside their bankroll, they will only realized that it's already damaging them once  everything already been burned, the only thing that will comes up to their minds is regretting not to slow down and allow bad things to happened.

Learning from mistakes is the only thing which can save us from further loses. If we do not analysis why we loss, then we cannot never rectify our mistakes. If we are able to control ourselves, our mind and more importantly our greediness, we can surely have good results in gambling. The gambling is all about controlling our emotions and this skill will come with the passage of time.

Sounds like it is heading for another problem.

If you want to become a professional gambler you have to play smart while minimizing the losing streak if you have a better plan. Each decision you made is important on how you will become a successful gambler. And you know that to reach that level you will have to spend a lot of money.

There is no something like perfect gambler, what is perfect gambler? The one who always win in every their bets and never lose even for once? Its BS.
Gamble is luck based skills,  you can't learn anything if you lose in your bet, all you can do only predict it more carrefully on the next bet.

I don't buy lottery tickets myself

So I don't really know and thus can't say anything about how it feels not winning, but for some it definitely feels way more dramatic, if not to say tragic, than just giving someone 2 dollars or losing as much. Well, that's how it would be for me personally (and that's likely the primary reason why I don't buy lottery tickets, huh)

People may accept their defeat beforehand, consciously, but they still hope to win deep down inside since otherwise, why would they ever want to buy a lottery ticket in the first place? So I suspect when the time comes and the odds turn against you, it may feel bitter like being a failure (not a good thing). But it probably works as a kind of selection

For some new gamblers, it is hard to accept defeat because they feel that they can win the games but the reality, they can't. With the accept defeat, we can take a break for a while, and we can use another strategy to be used in the next round. But still, that will not guarantee us to win the games because, in gambling, it is tough to win. Besides that, I don't think that if we can accept defeat that will give us a chance to win big because as long as we don't have luck, we will not win the games.

Absolutely! That is always the pattern. When emotions get the best of a gambler, he will definitely go home penniless. Regrets arrive in the end but it will be worthless anymore. Lessons should be learned. Otherwise, the following day, the emotional gambler will do everything to make money and come back once more to recover his loss. If luck remains elusive, history will repeat very quickly and, again, he will go home without anything in his pocket.   

I disagree.

If you want to win big, quit gambling lmao.

You always lose in gambling. Always. Just always.

If it's not loss of money, it's loss if health and huge huge time.

You get hooked and you return to gamble again with whatever you have. You never get out of it until you want to "consciously".

You think, one day will come when you will win a million dollars and won't gamble ever again because you don't need to. But I'll bet my life, you will gamble again to make that million into billion and it will continue till you bust.

Quit it before it's too late as life is too short and the worst thing you can do is to waste it away.

Accepting the defeat is not easy especially if you lose too much of your money, hence you'll try playing again to recover it back and that's what really happening in reality.

If you win then stop already and dont ever try to play again just because you're thinking that you might be lucky the next game, it wont be the same.

Stop after winning and dont chase your losses.

That defeat should make you strong and give you determinations to face challenges in gambling even if you fail. Acceptance will definitely give you a courage in order to become more responsible with your money next time, without risking it for uncertain game bets.

I think it is not good to make miner lose as your matte of ego in gambling people lose and win but no lose if final lose and no profit is last one so be normal and if you lose anything try to learn from your mistakes and next time avoid being stupid accept your lose and again gamble with new mind and new Will power.

Setting a limit and knowing when to quit are essential. Chasing losses, not setting spending limits and trying to generate an income by gambling will only financially ruin a person.

Honestly i dont regret or make something big out of it. Play one two tickets on football every month with some small wager of few euros, and if it comes good if not good again. How with all leagues starting it will be interesting to play, never play national and skip all games in CL and EL. Place also few euros on possible winner for both, and that it. I dont live from it and dont make big mess out of it just play for fun.

Always needs to be in optimistic ways of thinking whenever you play so win or lose you can move forward and start all over again, if you are caring about the chances that you can have from this venue of entertainment or if you are eyeing to win against the house then move on from each loses that you make one of this days you'll find success and you will be able to maximize everything.

As someone who buys lottery tickets from time to time, I can tell you that there is no such feeling after seeing that I haven't won, since I spend only $1 on that ticket. I rarely buy more than one ticket, and maybe that's why it's easy for me to accept the defeat beforehand. Seriously, I forget about the negative outcome in a minute.

Yes if you Will limit your money in gambling so there Will be no lose but almost all profit and the best thing about gambling is that you Will not get discourages with small lose but you Will be able to admit this fault and gamble once again to have huge profit. Be confident to face all kind of situations in gambling.