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Author Topic: After losing the money in gambling,what is your strategy  (Read 1230 times)
Blitzboy
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May 27, 2024, 11:44:03 AM
 #201

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Tell him he is making a very big mistake, he should not gamble with loan money.

He should not think that he would win. Gambling sites have their odds and house edge in a way that most gamblers will lose while they will will be able to pay their workers and maintain their servers and other necessary things. You will see the gambling site grow more if there are more people gambling with them. This is simple enough to know that the tendency that he will lose is far more higher than he will gain.
I think one of the mistakes many gamblers are still make is thinking that they could easily turn little amount of money into something big. We need to understand gambling so we don't need exaggerating thinking that after loses comes a win. Things do not happen like that in gambling and we need to understand that fact.

Taking a loan to gamble is a very big risk especially when the money is big and it is something that we can not afford to pay back immediately. We should always take precautions when it comes to gambling so we don't keep losing and blaming people around us for every loses we are having. We need to study our gambling strategy and know the one that works for us most time.
Assuming losses lead to victory is absurd. This is fantasy, not strategy. Folks, we need to be smarter. Study the games, do your homework, and accept losses. Gambling with loans is insane. It's like leaping from a plane without a parachute and attempting to pilot yourself down. Avoid that risk. Gamble for fun, not survival. Fix a budget and stick to it. Know when to leave, up or down. Most essential, avoid gambling addiction. Many alternative options exist to have fun and generate memories.

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May 27, 2024, 02:44:39 PM
 #202

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
He thought it was the right step and could solve his problem because he experienced losses from his previous gambling activities, even though it was a big mistake which might bring him even more pressure, because he had lost money previously and had to pay debts because it turned out the results were not better.
If he cannot accept the previous loss, it is impossible for him to accept the next loss, which is the money he owes because there is no guarantee that he will be able to get a profit to pay off the debt and recover the previous loss.
What gamblers have to do when they lose is accept it, and can continue playing if they still have money, not by going into debt.

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May 27, 2024, 02:54:10 PM
 #203

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
I mean the sensible and logical answer to your question is just quitting right then and there, matter of loss mitigation per se, which is something that I already do, but of course your dumbass of a friend will follow through with his gambling addiction cause he's too deep into the sauce that to him, quitting is worse than losing even more money in the process. A dumb sentiment for sure, but to him this makes the most total sense. I would highly suggest you give him a reality check, cause no way in hell does he not see the things around him falling apart after he just lost that much money, he needs some serious talking to and at this point I think the only guy that could help him is you, considering not even the woes of his family members fell on his ears.

Just make him realize what he's doing, how he's not just ruining his life but his family's as well, and how he's going to be the worst family lore when all of this pans out and he either gets killed by the loaners or he kills himself soon as he falls 4000 bucks deeper in debt and gambling losses.

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May 27, 2024, 03:46:16 PM
 #204

Its a common thing while you lost money in gambling. But its big no if you think you could recovery money from gambling again by the help of that loan amount. You are already in hard situation, now think what'll happen if you loss again? Actually we everyone know that they could loss in gambling. so everyone should stake the amount what they can afford to lose. Otherwise it'll be a big pressure on you as well as your family and gambling with borrowed money could ruin your life if you lost. So better do job and make the situation normal gradually

On the other hand obviously I think I would never consider that the idea is reasonable if you chase losses with the help of using borrowed money, however making loans as an intermediary to solve the problem of losing in gambling will only create new problems where there is always the possibility of losing and obviously when it turns out that the results are not what you want then you will lose again and lose the borrowed money but in addition to losing you also have to pay the borrowed money.

So of course a gambler must prioritize the bad possibilities, or the point is to think like you said that what if they lose again? because with thoughts like this then most likely they will undo their intention to pursue losses especially with money from borrowing. This is why it is always not recommended to bet small amounts or amounts that we can afford to lose, none other than because if the amount of loss is small then most likely you will be able to easily accept the circumstances of the losing situation, and will also avoid the idea of borrowing money to gamble.

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May 27, 2024, 03:53:55 PM
Last edit: May 27, 2024, 06:39:29 PM by AmoreJaz
 #205

On the other hand obviously I think I would never consider that the idea is reasonable if you chase losses with the help of using borrowed money, however making loans as an intermediary to solve the problem of losing in gambling will only create new problems where there is always the possibility of losing and obviously when it turns out that the results are not what you want then you will lose again and lose the borrowed money but in addition to losing you also have to pay the borrowed money.

So of course a gambler must prioritize the bad possibilities, or the point is to think like you said that what if they lose again? because with thoughts like this then most likely they will undo their intention to pursue losses especially with money from borrowing. This is why it is always not recommended to bet small amounts or amounts that we can afford to lose, none other than because if the amount of loss is small then most likely you will be able to easily accept the circumstances of the losing situation, and will also avoid the idea of borrowing money to gamble.

Some gamblers are opting on that route because they are desperate to recover their losses. So they will borrow money for the hope of getting back their losses, However, in most cases, he will further incur losses. Hence, more problems arise from the situation. Borrowing may be considered if you have other resources that you think you can dispose of such as other assets that you can sell in your worst times. But if there's nothing, better keep your gambling to minimum. You will find out soon that it is better to restrict yourself rather than piling up your problems.

He thought it was the right step and could solve his problem because he experienced losses from his previous gambling activities, even though it was a big mistake which might bring him even more pressure, because he had lost money previously and had to pay debts because it turned out the results were not better.
If he cannot accept the previous loss, it is impossible for him to accept the next loss, which is the money he owes because there is no guarantee that he will be able to get a profit to pay off the debt and recover the previous loss.
What gamblers have to do when they lose is accept it, and can continue playing if they still have money, not by going into debt.

I believe, a lot of gamblers is guilty of such act. Because that's the usual response of any gambler after a loss. To get what he had lost, but unfortunately, more losses will come if he won't stop and totally quit. Somewhere down the road, one should call it a day even when you are on the negative side. Otherwise, you will dig your grave fast.

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May 27, 2024, 03:56:57 PM
 #206

~~~

Talking to a gambling addict about stopping his habit is quite a difficult task, as many times the player wouldn't focus on what he's been told. Instead his interest will be on ways to generate money for gambling and participating in the game. I see that players who have lost a lot and concludes to take loan for gambling are deeply into their gambling addiction.

If the addict likes Op and prefers to listen to his advice he wouldn't have taken such steps. The player is not in any way looking to stop his moves. Come to think of his family and how hard it'll end up becoming for them if the borrowed money ends up getting exhausted. The best strategy for the addict after losing such an amount is to stay careful and wager little amount of money.
I agree that some gambling addicts will take out loans just to get a budget to fulfill their gambling desires. I have a friend who has that habit of gambling, but he definitely wasn't happy when I called him a big addict. All his salary is spent on gambling and paying off loans, but I don't know if he still has any valuable assets without plans to sell them for his gambling budget.

It is absolutely not right to make a loan and spend it all on gambling, but this happens everywhere, even in government agencies. Some people who are stressed due to pressure and work responsibilities use gambling as an outlet, but they don't realize that they have a serious addiction if they take out loans to gamble.

Is true that corporate workers use gambling as an outlet when they are exhausted but that's quite a big risk on their side because gambling is a very tedious activity and requires energized people to participate in the game. Gambling when tired causes more harm than good to a player's bank roll because he will accumulate more losses due to The weakness of his brain power.

As gamblers we must always prepare our brain power to be strong against all odds regardless of whether we win or lose especially our brain has to accommodate the fact that we have to lose at some point while gambling. Most players who find it hard to go through their losses are mainly tired and disappointed for losing their funds which they thought could have been used on other activities. However, I'd say that gamblers also must focus on doing the right thing. Which is gambling responsibly. Other than that failure awaits any player that capitalizes on gambling as a place to relax when tired.

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May 28, 2024, 09:42:12 PM
 #207

On the other hand obviously I think I would never consider that the idea is reasonable if you chase losses with the help of using borrowed money, however making loans as an intermediary to solve the problem of losing in gambling will only create new problems where there is always the possibility of losing and obviously when it turns out that the results are not what you want then you will lose again and lose the borrowed money but in addition to losing you also have to pay the borrowed money.

So of course a gambler must prioritize the bad possibilities, or the point is to think like you said that what if they lose again? because with thoughts like this then most likely they will undo their intention to pursue losses especially with money from borrowing. This is why it is always not recommended to bet small amounts or amounts that we can afford to lose, none other than because if the amount of loss is small then most likely you will be able to easily accept the circumstances of the losing situation, and will also avoid the idea of borrowing money to gamble.

Some gamblers are opting on that route because they are desperate to recover their losses. So they will borrow money for the hope of getting back their losses, However, in most cases, he will further incur losses. Hence, more problems arise from the situation. Borrowing may be considered if you have other resources that you think you can dispose of such as other assets that you can sell in your worst times. But if there's nothing, better keep your gambling to minimum. You will find out soon that it is better to restrict yourself rather than piling up your problems.

Yes there are always some gamblers who take that path in the process of chasing their losses to chase the recovery phase, and it's actually very clear that the casino won't care what you do, or I mean the casino will never care and won't casino with the amount of losses you have, meaning that when you think about doing it one more time using borrowed money then obviously nothing will change in terms of odds and probability, I'm not saying that you're going to lose 100% of the time, but certainly when luck doesn't come along then obviously there are two bad things that happen at the same time, firstly regret and more significant emotions and secondly you have to pay back the loan that you took out. And one of the reasons why a gambler who gambles with borrowed money tends to always end up in a much worse situation is because when emotions dominate then it is very possible for them to make several loans without thinking about how to repay them which indirectly leads to worse situations and circumstances such as debt, and I agree with you that gambling with borrowed money is actually a smart method to accumulate problems. Wink

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May 28, 2024, 09:57:01 PM
 #208

Assuming losses lead to victory is absurd. This is fantasy, not strategy. Folks, we need to be smarter. Study the games, do your homework, and accept losses. Gambling with loans is insane. It's like leaping from a plane without a parachute and attempting to pilot yourself down. Avoid that risk. Gamble for fun, not survival. Fix a budget and stick to it. Know when to leave, up or down. Most essential, avoid gambling addiction. Many alternative options exist to have fun and generate memories.

Indeed, this is really weird and funny. Unless when he try to sample his own case with the motivational qoute that says, 'fail forward'. And if I was to be the one. To fail forward for me will have been to honorably pause and have a retress and recount of the past then think of how can be better in future and not continue to gamble and fail whilst doing that.

But all I can say is that everyone has his or their own story to tell in gambling and we all might not necessarily have aligned stories. Some people will have smooth ride into their gambling stories and experiences while others won't. The ultimate goal is to get to know and understand what works best for you.

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May 28, 2024, 10:39:32 PM
 #209

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

He's addicted, he needs help, recommend him to see a therapist, and always check on him, don't scold him much if you do, he will hide it from you, taking a loan to play gamble is the height of it because its not guarantee that he will win. just be there for him.
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May 28, 2024, 10:43:36 PM
 #210

I don't think gambling have any strategy,the only thing is luck,and staking on small odds rather than accumulating so many games into just one slip.When games are much in a particular slip,there is high chances you losing that game,and there is lower chances of you winning,so the best thing is to place your money on small odds,and stake with a huge amount,and instead of staking on direct win, Its better to stake on goals than on winnings.
Gambling is unlike trading that really requires strategies for you to be on the winning side, Gambling really wants analysis, checking of past records and their head to head,the team that is most inform,and how many goals they usually score when they meet.These are what to do after losing and you  want to continue gambling.

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May 28, 2024, 10:51:42 PM
 #211

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Gambling is primarily for entertainment and gambling should never be taken as a means of earning money. The decision your friend has made, which is still unshakable, I think your friend should change his decision because he will suffer more if he recovers his loss money. Especially if gambling is participated with loan money will suffer more. Once caught in this addiction, his whole life and family will be ruined. Try your best to get him out of gambling if you can get him out then your friend will be out of gambling and out of borrow if not your friend will be totally ruined. Give him time and focus on work, increase the time spent with him if necessary and always be more friendly towards him so that he can forget about gambling.

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May 28, 2024, 10:59:28 PM
 #212

You havr to know Very well that a gambling is a game of risk so whatever thing that I am doing in gambling if I lose in gambling then I will take it if I gain in gambling I will also appreciate we all know that in gambling you must have a lock and opportunity before you be able to win so gambling every time might they give you the opportunity for you to win and the gambling once in a while might also give you another opportunity for you to strategize well so gambling is all about strategies
It's easier said than done. Some people believe they can control their gambling habit or have control of the game, which they don't. The majority of people who even spend much time at the casino end up losing more money over and over again before they realise it. So saying that the more you spend time at the casino, the more chance of winning that you might get is really not a thing for me.

.
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May 29, 2024, 12:45:57 AM
 #213

You havr to know Very well that a gambling is a game of risk so whatever thing that I am doing in gambling if I lose in gambling then I will take it if I gain in gambling I will also appreciate we all know that in gambling you must have a lock and opportunity before you be able to win so gambling every time might they give you the opportunity for you to win and the gambling once in a while might also give you another opportunity for you to strategize well so gambling is all about strategies
It's easier said than done. Some people believe they can control their gambling habit or have control of the game, which they don't. The majority of people who even spend much time at the casino end up losing more money over and over again before they realise it. So saying that the more you spend time at the casino, the more chance of winning that you might get is really not a thing for me.
As said, this isn't the reality for everyone. If a rich person tries this way, it is different because the time and money spent won't affect his personal life. For a common man, each and every dollar risked is something very important, and that could help with fulfilling other needs. Many of us do this, we just gamble and lose everything. If we hadn't gambled and lost that money, we could've gotten better or experienced upliftment in life.

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May 30, 2024, 08:59:02 PM
 #214

You havr to know Very well that a gambling is a game of risk so whatever thing that I am doing in gambling if I lose in gambling then I will take it if I gain in gambling I will also appreciate we all know that in gambling you must have a lock and opportunity before you be able to win so gambling every time might they give you the opportunity for you to win and the gambling once in a while might also give you another opportunity for you to strategize well so gambling is all about strategies
It's easier said than done. Some people believe they can control their gambling habit or have control of the game, which they don't. The majority of people who even spend much time at the casino end up losing more money over and over again before they realise it. So saying that the more you spend time at the casino, the more chance of winning that you might get is really not a thing for me.
As said, this isn't the reality for everyone. If a rich person tries this way, it is different because the time and money spent won't affect his personal life. For a common man, each and every dollar risked is something very important, and that could help with fulfilling other needs. Many of us do this, we just gamble and lose everything. If we hadn't gambled and lost that money, we could've gotten better or experienced upliftment in life.

Yup, this is not for everyone because we have a different level of life, some of us struggling on how to get some money for gambling activities and some of us are not experiencing some problems because they can sustain their needs especially money. It's kinda difficult for other people to distinguish if they can control theirself or not, so it's better to advice that we need to assess ourself first so we can mitigate the problems that we are possibly facing once we gamble.



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May 30, 2024, 09:27:32 PM
 #215

You havr to know Very well that a gambling is a game of risk so whatever thing that I am doing in gambling if I lose in gambling then I will take it if I gain in gambling I will also appreciate we all know that in gambling you must have a lock and opportunity before you be able to win so gambling every time might they give you the opportunity for you to win and the gambling once in a while might also give you another opportunity for you to strategize well so gambling is all about strategies
It's easier said than done. Some people believe they can control their gambling habit or have control of the game, which they don't. The majority of people who even spend much time at the casino end up losing more money over and over again before they realise it. So saying that the more you spend time at the casino, the more chance of winning that you might get is really not a thing for me.

And most of us don't, LOL, that is the pure definition of gambling though, we take the risk because we don't know the outcome, it could be favorable to us or not. But then we wanted to try even more, until we realized that we have fallen to the trap of gambling and that it's hard to get out.

But there are many individuals who with outside help or not, was able to recover and amends and change their ways. But still though, very hard and some of us here are into gambling but maybe learned from our mistakes and then gamble with the money that we can afford to lose.

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June 02, 2024, 02:53:37 PM
 #216

You havr to know Very well that a gambling is a game of risk so whatever thing that I am doing in gambling if I lose in gambling then I will take it if I gain in gambling I will also appreciate we all know that in gambling you must have a lock and opportunity before you be able to win so gambling every time might they give you the opportunity for you to win and the gambling once in a while might also give you another opportunity for you to strategize well so gambling is all about strategies
It's easier said than done. Some people believe they can control their gambling habit or have control of the game, which they don't. The majority of people who even spend much time at the casino end up losing more money over and over again before they realise it. So saying that the more you spend time at the casino, the more chance of winning that you might get is really not a thing for me.
As said, this isn't the reality for everyone. If a rich person tries this way, it is different because the time and money spent won't affect his personal life. For a common man, each and every dollar risked is something very important, and that could help with fulfilling other needs. Many of us do this, we just gamble and lose everything. If we hadn't gambled and lost that money, we could've gotten better or experienced upliftment in life.

Yup, this is not for everyone because we have a different level of life, some of us struggling on how to get some money for gambling activities and some of us are not experiencing some problems because they can sustain their needs especially money. It's kinda difficult for other people to distinguish if they can control theirself or not, so it's better to advice that we need to assess ourself first so we can mitigate the problems that we are possibly facing once we gamble.
What I'm saying is, that whenever you're playing in a casino and you lose, you have to accept it, there's no other way, the worst thing you can do as a player is seek revenge and do wrong things or acts, for example looking for ways to win more money with higher bets is the most common mistake, so the best thing is to go out, go with the family, for those who have the beach nearby go to the beach and not miss the best moments, that is to clear the mind and do things right, because if one day of gaming went badly, then it can go well the next, and control the money you are going to spend, I think that is the main thing.

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