Bitcoin Forum

Is accepting your defeat when gambling and not learning from your mistakes means nothing? People talked about accepting your defeat and move on when you gamble and lose, but what about people who risk more than they can afford to lose? Even if they can move on I think they will probably get rekt again if they don't learn the act of lowering risks exposure.

What do you think? Is accepting defeat enough or learning to lower the risk?

I think you should be able to know this yourself without any question or practical. But you can do the practical. Spend more than the amount of money that you can afford to lose to gamble and see how you will feel about it. Also change from such bad way of gambling to using just 1% of your salary on gambling and see how you will feel about it. You will understand that lowering the risk is what responsible gamblers will go for.

Accepting defeat at the right time is what really matters, because if it's only when you have exhausted your bankroll is when you accept defeat, you are a loser. Learning how to lower your risk is the best, so that you don't experience defeat all the time. Self control and discipline is what a gambler should practice in order for him to only the amount of money that he can afford to lose, and stop the game at the right time.

Accepting that we lose is actually enough to set limits on ourselves, but to reduce risk, I don't think it's a good way. For example, in sportsbook betting, the favorite team will get smaller odds if it becomes a 1X2 bet. If a bettor has confidence that the favorite team will win by a large margin, he will go for handicap betting. A big win makes the bettor feel satisfied, and if the bettor chooses 1X2 betting, he may continue playing again even after his small win in 1X2.

If you think playing gambling doesnt benefit to you at all there's no sense keep playing and trying to risk your money to the thing you even doubt and does not give a good outcome to you. Others keep playing because they want to at least cater back their losses but the result is they keep playing more which not base on their objective and others calls already that they will stop because its already over, take a move on just to make themselves take back on the track of not getting addicted on it. There's nothing wrong stopping gambling for a while because its all about on you too if you are not capable to think wise, no money at all better to stop than getting into worst case scenario of your life.

 Accepting a defeat and not learning from your mistakes are two different thing. Accepting a defeat simply means taken what has been done and knowing that you cannot do anything about it while not learning from your mistakes is repeating a particular thing that doesn't bring value and it's not longer a mistake rather it's an error and one need's to work on it.

When someone risk more than they can afford to lose, two things are involve is either they smile if it favors them or they regret and be sad if it doesn't favor them. Accepting defeat or learning to lower risk both are good if one keep on gambling and he or she is not making any progress or profit from it all they need do is accept defeat and stop gambling and again even if you lower your risk what will happen will still happen just that you won't feel it as much as you would've felt if you would have used huge amount of money to gamble, I have seen someone that haven't made any profit since he started gambling, sounds weird right but that's true.

Who fights and runs away lives to fight another day, so there's no shame in accepting defeat when you lose in gamble, you simply exit and plan for another day. If the gambler wants to be brave and funds his gambling account to continue, there's a high chance that he'll still lose more money, so the smart thing is to exit and hope to win another day. If you gamble with the amount that you can afford to loose, that is the same thing as lowering your risk to me.  It's best to have a budget for your gambling anytime that you want to engage in it, when you exhaust the bankroll, you quit for the day.

Gambling is not a battlefield where you are defeated and you have to accept it.At least, this is how I see it , we may have different ways of looking at it which is also fine. If you bet on a game and lose or you lower your risk and still lose which is the same as the former, you must learn from the experience. Losses have better learning experiences than wins. Every loss is a lesson. A part of the less could be that instead of betting the whole amount at one game, you bet half and at another bet the other half which put you in a better more probable position to win.

so what happens if you don't accept your defeat? the money will just come back to you or what? even if you like lower your risk or try out the most risky gambling, the moment you have lost, their is absolutely nothing you can do about it, the money is gone and totally gone for good.

gambling with what you can afford to lose is the best gambling practice that exposes you to a very minimal risk. there might be moment when over excitement or some form of assuredness might make us gamble above what we can afford to lose and at that moment, regret and a sense of defeat will becloud our mind but it still doesn't bring back what we have lost. its mostly addict that don't learn from their reckless gambling. responsible gamblers knows that if you have done it once means that you can still do it again and the best way of avoiding such complication is to stay disciplined not to gamble with an amount that will cause you too much risk.

Honestly, I don't really understand what you mean, because what should happen when someone is able to accept their defeat, it means that the person has learned and understood the mistakes they have made. Because it needs to be understood that someone cannot accept their defeat without knowing their mistakes.

And in the context of gambling, being able to accept defeat is not easy. Most people prefer to continue gambling as long as the balance is still there, because they feel they can turn things around, especially if they are not aware of their mistakes or behave carelessly. And this can happen because usually in a situation like this, someone prioritizes emotions over logic, so accepting defeat is not only about understanding mistakes, but also requires strong self-control and being aware of a limit.

Unfortunately, in most cases, players do not want to accept the loss. That is why we see people make deposits one after another. They think they were unlucky when they lose at first and they think they will recover it with their next deposit. This is the reason they end up getting broke. That is what gambling-addicted people do. But people who have experience and know a little more about gambling, know that they cannot beat the house edge. So, it is always a better option to accept the defeat and take a break before you get ready for another round.  

Accepting your defeat and learning from your mistakes means you can be wise treating gambling and realize that gambling can gives you losses even will be more losses if you keep playing gambling without stop. People must accept their losses and no need to think about recovering their losses because that can increase their losses and cause their money is gone all. If they can afford more than they can, that will be up to them and that is a choice that they should accept if they losses all of their money.

We don't have to do anything or follow what they do because we are different than them. We don't want to spend more money just to playing gambling especially if we only use gambling for have fun. Accepting the losses and learning from your mistakes is necessary so that can also teach your minds that anything can happen while you playing gambling.

It depends on what you mean by accepting a defeat. Some people may accept the defeat and quit gambling entirely regardless of whether it was a big wagering or not, to them, they won't come near gambling again, so it means nothing if they do not learn from it for it pertains to gambling, they don't care. But to those who are active gamblers, accepting a defeat and not learning from it is utter foolishness, if care is not taken, worse than that will happen again. We learn every day and it should especially be in failures.

If people risk more than they can afford, then this is a more serious problem that will only lead to disappointment from gambling in the future. Even if they are lucky at first, then later they will get a defeat that will lead to big losses and disappointment, and then they will either accept it and move on with the right conclusions, or they will want to win back and get even bigger losses.

The path in gambling should begin with an assessment of the risks and consequences of big bets, if this is the case, then everything will be fine.

Quitters don't win, and those who win don't quit. It's good to acknowledge one's defeat but what's not and shouldn't be accepted is allowing the defeat discourage one. Learn from one's defeat and then adjust one's strategy, that's how it should be; except when one doesn't think there's a headway in what one is doing. I like Money Management strategy in all I do. I don't like exposing myself financially in whatever investment I go into and that principle cuts across anything I do. It should be so too with gambling. We should lower our risk level and gamble reasonably. That way, we won't have many quitters.

Not sure about others but I commonly take some break  ^{the lasting time depends on the  money lost} after such defeat, the aim being to recover my mental tone and to top up  my accounts  with money ^{affordable to be lost again  ;D}. Jumping  in gambling immediately after defeat  to get back what you lost  would be injudicious action from my part.

Accepting defeat in gambling is quite natural because there is a saying ‘Gamble who is ready to lose’ there you already have a sense of responsibility so even losing you have to accept because this is a gambling game that will definitely lose a lot.

Reducing risk is of course what we discipline now, how to manage the right bankroll and that's enough, don't overdo it because it won't reduce risk, but I'm sure every gambler has their own risk reduction and how to prevent it.

And I thought I was the only one not grasping what the OP stated. I'm guessing that the OP is focusing on those who gamble large amounts of money and are considered high risk, are losing but won't accept lowering the associated risk. Apart from that, accepting defeat is part of the process of coping with losses. Sometimes it's better to give up and try again later, than attempting to recoup your losses. It's important to acknowledge our mistakes, so we won't repeat them, these include budgeting issues (betting more than we can afford to lose), becoming emotional after a few losses, going overboard are some of the most frequent ones.

You should do both!

On the moment that you are losing up in gambling then accepting defeat would be enough but completely stopping will really be that basing up in accordance into your choice.
If you do accept your fate about having no luck on playing gambling then you would really be just that simply stop and wont really be having any plans on playing even more,
if you do able to accept that defeat but later on you will really be trying out on lowering up the risks on which this is where other gamblers will really be that doing. There are indeed times
that we do become that being impulsive at the time that we are losing that much and thats why we do lose up our cool and make up some stupid decisions.

As for lowering the risks then there's no issue on this one as long you are really that making use of the money that you are really that using then there's no way that you couldnt really be
able to make yourself that realize on how things do works and on how you would be acting out accordingly. Only spend on the amount on which you can afford to lose and so that you wont
be ending up on having those impulsive spending money on which it could cause up to make that huge impact into your financial aspect.

That is why the caution has always been that, you should only risk what you can afford to lose and not go overboard, you don't throw caution to the wing's as a gambling, nature has a way of normalizing things, if they don't learn the act of minimizing their risk, they will naturally expose themselves to risk and at the end of the day, nature will place them where they are supposed to be, either they will have less money to gambling or Start gambling what they can afford to lose.

Lowering the risk is easy, but I think the hardest part is "accepting defeat." As gamblers, most of us have some pride that makes it hard to give up easily, which is why we sometimes take an aggressive approach. A clear example of not accepting defeat is when it’s time to stop, but we don’t. That’s when we blindly chase our losses.

If we were truly good at managing risk, we’d understand that losing is part of the game. Gambling is available 24/7, so we can let go of our losses today and come back tomorrow. Knowing when to stop is very important.

The both ideas will do just fine if they go together for a gambler. After being able to accept my defeat by taking a break and not chasing after the losses it will be more beneficial I review my previous gambling expenditure later when I returned to gambling again and lower what I spend if the need be. In that way, it can also reduce amount I can lose and at same time increases the number of times I could gamble as well. Op, well-done, this is a nice idea

You're assume the gambler gamble above than what they can afford to lose, of course this mean the gambler should lower the risk since he supposed to not take the current risk.

But, if the gambler gamble what they can afford to lose, they don't have to lower the risk.

Both of them need to accepting their defeat though since gambling isn't for making money.

Every experience in gambling (and life generally) comes with a lesson, and it’s up to the individual to learn from the experience or keep doing the same thing over and over again. When a gambler loses massively in gambling, he’ll definitely know the action he exhibited that resulted to such outcome, so when they say, accept your losses and move on, it also means learn from that experience so you’ll avoid falling into that trap again. I’m such situation, the best thing to do at that point is pause for a second, think about how much you’ve lost and then the implications of further losses because the possibility of further losses is very high and you could still potentially lose more, so if you’re already feeling terrible for the one you’ve lost already, that’s a cue that you should stop and cut your losses, and of course learn from that experience so you would avoid subsequent occurrences of the same error.

It all depends on when the defeat was accepted.

Many people will chase their losses first before accepting defeat.

If you can accept defeat at the right time it will favour you.

Normally accepting defeat very early means lowering your risks.

Gambling isn't too hard to understand, losing is part of this game, in fact a very big part, accept this game as it is then you will know how to manage risk with gambling.

I don't quite understand what you're saying about losses and mistakes?

If they dare to bet what they can afford then they are addicted, or they have a large bankroll so they bet more, this does not matter if they can afford and accept their losses.

Learning to lower your risk?
In this case, perhaps it is more appropriate not to gamble too often, so the risk of losing money will decrease, right?

What's the essence of losing if you ain't even going to learn from it.
Risk management is a prerequisite for success
You would realise that most times the lesson learnt isn't just on strategy or information collected but the level of risk.
To me learn to take a loss and learn from it
It's easier to learn when you not going all in atleast there would be a semblance of rationality
Revenge gambling is a one way ticket to getting rekted.

Yes, but it's enough. We need a push that will be as hard as we know and that will make us think about lowering the risk that we are taking. Many rich people will not even listen to this kind of idea but it may be one of the statements that could save their investment and those poor people who won't listen coun not save themselves because they always look for something more unlike the rich who are just looking for a small profit that would increase his value in the industry.
I thin this is always where it goes wrong, we are too optimistic about the market but the truth is that it will always fluctuate and that doesn't depend on us.

You know there are some gamblers who even though they accept that they lose when playing gambling, it seems like they don't learn from their casino games. Although, I'm not saying that all gamblers are like this. Now, if we avoid losing as much as possible, we will definitely do it. If we know how to avoid it.

But the thing problem is unpredictable because winning a big amount of money in gambling is really just luck, right? Even if we win a small amount, then in the end we still lose. Right?

Lowering the risk? gambling is full of risks and taking risks depends on the goals of each gambler because for them rich people with lots of money and aiming to get big win will definitely always take bigger risks and vice versa.
Accepting defeat is more than enough because that way someone who experiences defeat will definitely not bet again and in the sense that they will not take the same risk again, this will bring someone to stay in the safe zone even though they have suffered defeat, at least they have stopped the potential for greater loss.

What do you mean by lowering the risk here? lowering the risk so as not to lose more or lowering the risk so as not to get addicted?
basically as long as you gamble with clear management and a set money limit then you should be able to follow it. The betting budget is made for you to have the freedom to bet until the end with either a win or a loss.

We need to understand that gambling is not a sport where you learn from a mistake, don't repeat it, and win the next time. If we are talking about gambling games here, then we need to understand that whether you win or lose is totally dependent on your luck and nothing else can increase or decrease the chances of that happening. So, as you said, someone who is into gambling should stay moderate from the beginning when it comes to the money they are spending on it.

You should know that you can't defeat the house, so you should only use amounts that you can afford to lose to try your luck. If your luck works, you might win something and leave happily, but if you don't win, just understand that it's not your day and stop gambling right at that moment to avoid excessive losses because you can't fight your luck or the house, you can't win against them.

We should be able to accept defeat or loss which is a certainty and indeed that is what is likely to happen when we gamble. This acceptance is quite important because it can determine our future.
Now if we are not ready to accept defeat then what will happen is certainly a desire to recover losses and this can lead us to continue gambling.
Second by minimizing or reducing risk, we know that gambling is a risky game and that is clear. but the risk itself in my opinion depends on ourselves, now if we have limits then there will be no big risks that occur, but with those who do not have limits then occasionally they can take high-risk actions such as chasing losses or making bets with large amounts.

Based on OP, lowering risk means gambling within your means only, or popular words gambling what you can afford to lose.

A budget only limits you when you’re losing because once you’ve spent it all, you have no choice but to stop. That’s why managing it effectively is so important. However, winning is a different story. Since we don’t win all the time, we often try to seize the moment and maximize our winnings. Most of us, though, don’t really set a target for how much we should win before stopping, which can be a challenge in itself.

It depends on the person itself and the context we would be talking about actually, for example, if the person has a modest monthly income and he lost part of his money to a casino, then the first step to take would be the accept the loss and move on, to try to forget about the loss and distract the mind with other things to do, to be more productive, to try to work again and harder (if possible to make up for those losses they had). Now... lowering the risk is an option if the person continues to hold a modest source of income and is not considered to be a rich person by any modern standards, anyone rich enough can continue to gamble by wagering the same amount of money they lost during his lastest session and it would not affect their way of life in the slightest.
So it is rather a situational thing to consider and depends on each one of us whether it would be advisable just to move on or also lower the amount of money/lower the risk during our next gambling sessions in the future.

We need to accept for a defeat, because when we do so, it will make us not to be chasing after losses, instead, we are going to be more conscious of the subsequent bets and games we may be playing and how to avoid a reoccurrence to the previous losses, lowering risk could be made applicable as well if we go by the entire procedures as discussed above, learning from your mistakes, not chasing after loss and so many other professional gambling practices.

We have to learn both. Even if we learn to accept defeat but still play high-risk behavior in gambling, you will still suffer financially and emotionally.
Accept defeat and, at the same time, learn to lower your risks so that every time you get out of the gambling platform, you will feel at ease and your finances are safe. This is what responsible gambling is all about.
 

We are not robots, most of the time we accept the defeat and move on, but sometimes we get into the fire and we want to continue gambling. I guess nobody thinks about lowering the risk, in those moments we can play even more aggressively.

That's why breaks are important. If we accept defeat and chill out maybe we will come back later and start with lower-risk bets. Without that break it's hard to keep control, especially after losing... at that point, many of us tend to raise the stakes.

We learn as long as we live. But the water is not always calm and clear... sometimes there are big waves, strong currents, a lot of rain and storms. And when it's difficult, we can see how much we have learned.

Both work hand to hand, if you accept the fact that you lost and don’t try to chase after your lost you’re at the same time lowering your risk of losing more - and also the fact that you lost would make you go and think about what you did wrong and how to minimize your losses.

If you just accept defeat without looking for how to minimize the risks you take in gambling you’ll only end up doing nothing because each time you return to gamble you’ll still lose more but if you minimize it even if you lose you won’t lose as much as you’d have lost if you didn’t minimize your losses.

Both are important, you need to learn to accept defeat that way you begin to learn how not to be emotionally attached because of a particular game you lost or have been unable to win and that will also breed the risk management which is knowing when to go all in and when to lower the risk, they are all together if you must have a good and successful gambling experience, trying to separate them such that you get to enjoy one over the other gets you some patterns around your gambling habits which sometimes would be luck dependent most of the time even if we are aware of the Great role of luck in gambling. When you loose accept defeat and move on then make sure to build an edge for yourself in the next game.

I think accepting your defeat makes things very easy even people who take risk to gamble with money that they can't afford, it is just better to accept the defeat when they gamble so much than to keep on chasing their loses trying to recover it back.

 So I think it is a good understanding for every gambler to have, both those who gamble with the amount that they can afford and for those who take risk in spending much money in gambling.  It is very bad for a gamblers who plays bet and lack the understanding of accepting defeat, this mindset can make one to go to the extent of having money by all means just to recover all that have been lose in gambling.

This question will generate different opinion that is not scientific but subjective because of individual experience. Therefore, I think you should your own experience but the positive side is that gambling is risky and we have to gamble as we can bear when you lose. Some people feel very bad when they lower risk and they win, regret becomes their anger. At some other time too you accept defeat and others begin to win, like. This can happen in sports betting when you have had losing streak and decide to take a break for a particular weekend and then results becomes positive that weekend.

It will depend on the kind of gambler. Some people are high risk takers that enjoy taking risk because they are targeting to win big. They can afford to take the risk and they win big when they are lucky. Those set of gamblers will have to master the art of accepting defeat which will make them easily move on after a big loss.

There are also some set of individuals who gamble more than they can afford to lose. Maybe they are loss chasers or greedy gamblers. These set of people should learn how to lower their risk. Accepting defeat will not be effective for this kind of gambler because their losses might be having negative effects on their finances.

You have to expect losses in gambling, but I am not sure that you've put this in the right context. When someone is betting casually, say once a week on the weekend on their favorite team for a reasonable amount - they might lose 3 times in a row and then win a couple times, there is no harm in that - it's being treated properly as a form of side entertainment. However when someone has formed such a habit that they are playing slots for hours on end, which the casinos themselves tell you are a longterm losing proposition for every player that tries it, then you maybe need to take a step back and give yourself a break. You have no choice but to accept defeat in that second scenario, because mathematically your wins will never outpace your losses and self denial is one of the worst things you can do to your mind.

Part of  rule is don't gamble with what you can't bear, don't gamble with funds that's not yours, don't borrow funds to gamble. You just have to manage what you have and gamble with that. Set yourself a stop loss, that is find a figure you consider that beyond that it's now too much to lose and be discipline enough to follow those target.

Gambling is not that easy especially when you are winning or losing you actually don't know when to stop there is this urge to go for more and you are more likely to over stress your luck. Be very intentional in gambling and don't be rules by emotions. Always know when to stop.

They're both pretty important but I'm pretty sure risk management is higher than acknowledging losses. Simply because risk management needs you to acknowledge the possibility of loss, even before it actually happens. Accepting defeat is simply about knowing when to stop. Lowering the risk is being able to accept defeat and still keep going. When considering gambling as an entertainment activity, pretty sure latter is much more preferable to have than the former.

When you lose, you have no choice but to accept defeat. At times accepting defeat and learning from your mistakes is the only appropriate course of action. But if you continue to deposit repeatedly without accepting your studies, then you will be the most affected.  Because casino sites will always make you greedy in different ways and make you a panic gambler to go back and lose again and again. so I think in gambling it is always better to accept defeat if you lose.

Accepting your defeat isn't just enough unless you are planning to quit permanently, but if you plan to continue gambling then it's going to be a circle of repeated events, you will continue making the same mistakes if you don't retrace your steps and inculcate risk management. Lowering the risk might be the only way to reduce the losses you incur. A lot of gamblers are after high rewards that's why they stake huge amounts of money forgetting that anything can happen. Gambling is a 50/50 thing, you can either win or lose, so it's important that you only bet with what you can afford to lose.

Lowering the risk is the most important to do, you can can accept defeat and still make the same mistakes the next day if you are not careful. As a gambler your bankroll is your ammunition and you must do your possible best not to exhaust it because of greed or trying to chase your losses. Always learn to cut down your stakes so if you have a failed or unsuccessful bet you can comfortable fund again from your budgeted bankroll. But when you decide to double or triple your stake then that's where you might start having a problem. Always gambling responsibly.

Accepting your defeat only mean that you are aware of the risks already, so you now accept that at times you can be at loss, while other times you may be lucky and win. That also mean that because you accept your defeat, it will help you avoid bigger picture of losses in the long run. So I would rather accept the defeat and leave the casino without emotional triggers.

Furthermore, lowering the risks is just a momentary response. That would never be the solution of your losses. In the end, even if you manage to lower the risks but still continue betting, you will end up losing what you have, since the edge will always be in the house, not in the players.

Don’t they come together?

When you accept defeat, you are already acknowledging that there is no more you can do to win. That you will just be losing more if you keep going so just stop now. By stopping you are also minimizing the risks or eliminating the risks altogether. So, when you learn how to stop that is when you also learn to lower the risks. You learn to be careful. They’re just almost the same, imo.

Accepting defeat when you’ve lost in gambling is just a part of you not trying to risk more. So once you’ve decided to accept defeat, you won’t think of revenge gambling as a way out. Risk management involves you not betting when your risk level has been exceeded, and once you’ve decided to employ such risk management techniques, then accepting defeat is a core objective of you achieving that. If you’re always risking more than you can afford to lose, then your risk management is not in check and you’ll lose more and more as revenge mindset will be what’s driving you continuously and that’s not a good sign of a reasonable gambler.

Well, I think they both work together to give a better gambling lifestyle. One must not forget to utilize the both because if you can not accept defeat, you likely will be the kind of person that can revenge gambling and imcurre more losses or can even hurt other because you lost your bet. By accepting defeat, at least the person should learn from their mistakes.

My preference is to lower my risk. Accepting potential defeat to what I understand it to be is to bet everything at once. I would rather not do that because the risk is too high. There is a house edge which 90 percent of the time guarantees that it is the casino that will will.

It is only high rollers that can go through this without lowering their risk. These high rollers have leverage. The casino gives them all sorts of bonuses there by enabling them experience defeat a lot of times without any regrets. It also positions them for wins as well. Small accounts should lower their risks.

In my case, when I lost a lot, I learned a great lesson: never play with money that I cannot afford to lose and always take low risks, that's why I have a very small bankroll, I place a very low amount on each bet, this makes me only bet for fun and not for profit. I don't exceed $20 in bankroll, even if I lose I don't get angry, because the amount I lost is very low and doesn't harm my life in the real world. But unfortunately, most people when they play want to make a lot of money quickly, that's why they take high risks and even when they lose, they accept defeat and continue taking high risks.

Both are essential in our life as a gambler when we Gamble and loss huge amount of money we should learn not to fight against the casino/gambling site because already you can't defeat the house, and also know that at that moment you lose you are with anxiety to recover what you had already lost, going further place you on a more risk to continue losing more. That is why you must accept defeat and let that day passes you bye so that when you go back to gamble you have a fresh mindset to rethink properly to gamble instead of trying to beat the house, and again it's also important to reduce the amount which are used to gamble because if loss huge amount the anxiousness would be very severe to you and therefore, lowering risk help to culture the gambler's thinking and reduce the rate at which to lose.

I agree with you, there will be losses or wins in gambling, but we have to learn to accept any outcome, if after a loss, a gambler keeps gambling more and more in the hope of making up for that loss, then it usually leads him to bigger losses. Because the chances of losing are more than winning in gambling.
So if someone loses in gambling, he should accept that defeat and stop gambling. And for this, gambling should be seen only as entertainment, so that after a loss it does not put you in any financial problem.

You can only lower your risk by using only the money you have budgeted for the gambling. And that includes the idea, that you should have counted that budgeted money already as a loss.

That's the only way to both lower the risk and accepting the defeat in advance. If you happen to win, you can accept the win as well and walk away with the money.
Planning and preparing in advance in gambling and in life is the key for financial responsibility.

There is complete consent that gambling must only for entertainment but in reality it's not the case. The gambling industry makes lot of money because majority of gamblers are not willing to accept there mistakes rather they keep on putting money to make up losses.
To avoid such situations, gamblers must take limited capital with them for gambling and once that stock is over gambler must stop playing. If one have unlimited supply of cash while he is gambling then there is firm chance that he will end up losing all his money.

Gambling is not a do-or-die affair. So, I don't see accepting defeat as a big deal. What should be more concerned about is the aspect of learning. Learning continues the process. And there are various ways we learn as a gambler. We learn from mistakes; we learn from experience, and we learn from our success. Any gambler who fails to learn will only suffer from experiencing the same thing over and over again.

Like you have said. Only a few gamblers have realized their error and chosen to learn. Learning is a personal choice.

Yes, it should be, because people who have accepted defeat are usually awareness again that they will not always get victory, people who receive defeat tend to think more openly so it is very important to do for people who have experienced defeat because it is a form of maturity, such as accepting a failure in a process.

There are a lot of gamblers who cannot accept their defeats and every time they gambling they always want to avenge to take back losses that have been lost in the previous defeat and of course we know that with such a soul more defeat than victory in gambling, increasingly not accepting defeat then The greater the loss of money.

Some gamblers are always against the idea of lowering their risks because they are always aiming to win big, this is a sign of greed and it could cost you a lot in gambling. Accepting defeat is just one step to avoiding losses but that's not enough you must also cut down the risks you take. If your stake on an aviator crash game is 5 dollars and let's say you lose more than 3 times in a row it's wise for you to stake below that amount,  you can reduce your stake to a dollar on each round, this is how to mitigate losses. Lowering the risks prevents you from losing more, increasing your stake to chase your losses might make you lose more.

experience as well as understanding how to act better in a situation comes only with time. I think many will agree that at the very beginning, when they got into gambling, they made many mistakes because of which they lost their balance. And there are those who have learned to control themselves and there are those who continue to make mistakes in the hope of hitting their jackpot. I think that there is no golden mean here and everyone adheres to their own style of play.

Accepting defeat and minimizing the possibility of major risks should be the aim of a gambler but in reality few gamblers can make this correct decision in such situations. Many gamblers take repeated bets only based on the greed of the heart, but if he could temporarily stop himself from gambling by accepting the previous losses and defeats, then maybe he could avoid any kind of risk. But most gamblers lose all their capital and end up bankrupt simply because they don't accept defeat and learn from past mistakes.

can a gambler really commit mistake?

We know that almost all gambling games just rely on luck so it’s not like there is anything strategic we can do/change to make sure we win but what we can do is make sure we minimize the losses so yeah don’t chase losses and manage your money that will be the only strategy we can deploy

I will still continue to ask this question, why will people want to stake money with the intention of losing it and still continue with the process. I know the popular believe is that you stake only what you can afford to lose but I feel like that's not just enough to make profits when gambling expect of course if you do not gamble with the intention of making money in the first instance.

The way I lower my risk when gambling is relied on my ability to reduce my expectations. Expectations in my opinion hurt more than the money we invest into gambling sometimes. The level at which you're able to lower your expectations have a great effect on the length you can go to sinking funds and expecting results.

Is this question even necessary? I am kinda shocked that some people still see gambling as a do or die affair where quitting at the right time becomes difficult for them. If gamblers can learn to gamble with only amounts they can afford to lose, we won't be having any conversation about accepting defeats in the first place. Rather, they will see it as a fun thing and try to improve more by learning new skills from their mistakes. We already know without being told what will happen to gamblers that would refuse to accept defeat and learn from their mistakes.

That accepting of defeat advice is to help reduce the kind of loss that could be incurred as a result of trying to chase your loss, which some people regard as revenge gambling. 
 
Some players just like to learn the hard way. They don't take advice; they believe they can still have a chance if they keep on pushing, which usually lands them in losing their remaining bankroll until they have nothing left. Only then can some of them start to regret and maybe will take the advice of taking a break when necessary; some will never learn.

There's practically no strategy that you can use to eliminate completely, the risk in gambling. But the beautiful thing is that you can control it. For your question, I'd say both; it's like saying you wanna learn how to swim, but you dunno how to control your balance from within, which is the most important thing to do..." You could have a bouy that should practically increase your buoyancy, but you'll still sink if you can't balance on the bouy"

While accepting defeat is a vital defensive mechanism, learning how to lower your risk is the only potential you got to win with.. that's the only kind of risk that'd prolly pay off at the end.
I use to tell people - what makes them a professional gambler isn't running from the risk, but taking chances professionally... There's no other route to win aside the thorny, hurdle-way.

Of course accepting defeat is an action that falls into the category of reducing risk, or the intention is to minimize the possibility of losing a larger amount of money, but remember that the ability to be responsible does not mean that you are completely free from defeat, or it does not mean that you will never lose just because you have the ability to accept defeat, meaning that this ability is useful only to minimize and not to avoid it completely.

The reason is clear that gambling is still a game that leads to two things, namely winning or losing, we will never know before we finish the game, and that means no matter how you gamble and no matter how smart you are in predicting the game, defeat will always be part of the game, but from another point of view if for example you really don't want to lose anything then clearly not gambling at all is the answer.

Those who often see gambling as the only means of income could likely react this way because they put their all hope over there with the mind to have winning and when they lose to gambling site, they tried all means to recover what they had lost leading them to additional loss which in all circumstances after emptying their bankroll it's advisable not to fund again to gamble because immediately they gamble it will leads to additional more lost. Of course when it's taking as something to while away time or something as fun purpose without much financially attachments then it would be fine.

If you gamble and you lose, then you will have to do some research to know the cause of your frequent losses. If you lose, you are suppose to accept defeat, but you are suppose learn from your mistake so that when next you gambling, you won’t make similar mistake. Why are you even supposed to risk what you can’t afford to lose when gambling? It doesn’t make any sense now, and even if you risk more than you can afford to lose, and you end up losing, all you can do is just accept the loss, if you try to recover your loss, then you are causing more problems for yourself, because you might end up losing more.

Accepting defeat without learning is rubbish, because you are definitely going to make a similar mistake again. If you are accepting defeat and you don’t want to learn, then maybe you are giving up on gambling, you want to stop gambling, but if you continue gambling, then you should learn from your mistake.

Well, I believe that accepting defeat is important in any case, but it doesn’t mean much if you don't learn from your mistakes repeatedly. In my previous experiences, just walking away after a loss without reflecting on why it happened may lead to the same negative patterns. Yes sure, accepting your loss helps with emotional recovery, but if you keep risking more than you can afford to lose, you are bound to get hitdown again. 

I think it's essential to develop self awareness and take a hard look at your habits. Learning to lower your risk exposure, setting strict limits and sticking to your budget ar key steps to becoming a more responsible gambler. Without these practices, you are not really improving yourself, you are just temporarily delaying the next downfall. Accepting defeat is only part of the process, the real growth happens when you analyze your mistakes and adjust your behavior.
Otherwise, you are just stuck in a cycle of losses, no matter how many times you accept them.