Which do you regret losing the most?

[DaNNy001]

It's painful to have a near miss of winning a huge amount of money but that doesn't mean that we lost that money, it actually doesn't make sense and doesn't make you sound like you know what you are saying..not winning a potential amount of money doesn't mean rhat you have lost it...when people say such things you need to correct them so they don't keep making the same mistakes or wrong assumptions

[Hispo]

I have this friend who’s a gambler, whenever he goes to the casino and comes back, you’d always hear him say “damn I’ve just lost $200 today” and sometimes he calls a much higher amount. And this is someone I know too well that he doesn’t have such an amount, someone who could even barely afford two square meal a day.
One day out of curiosity, I asked him how he managed to get the huge amount of money that he lost, and it was then I learned that he wasn’t always referring to the initial stake amount but the potential wins. That he’s not always concerned about the initial stake but the potential wins.

Which led me to asking, does anyone also feel this same way? Say in a parlay, one pick resulted to losing a huge amount, which would you regret (the most) losing? The initial stake amount or the potential win?

It is similar to FOMO (Felling of missing out) which is experienced by many people within cryptocurrency market, people who did not invest realized how much money they could have won had they invested their little money some days ago, so they do not regret losing money, they regret losing the potential win from that little money they have.
It is part of the psychology being used very often by casinos and bookies to keep people coming back for more and more thrill and adrenaline.

As for myself, I think I am divided in which one of those two affect me the most, because I am fairly prone to fomo (as many people are), so I would say it hurts me equality to lose money I actually had and also hurts me to see people I could have won disappear from my reach.

[TheUltraElite]

I would regret losing the initial amount, but of course keeping regret for anything is bad. There are reasons to feel bad but regretting a decision means you should have thought about it before you did so.

In csse one regrets missing out a potential win, it would mean they are being greedy. There will always be some or the other win possible but not reached, because this is gambling per se.

Often the losses are painful so either stop or reduce the wagers to an amount thay you can manage.

[Fivestar4everMVP]

It's painful to have a near miss of winning a huge amount of money but that doesn't mean that we lost that money, it actually doesn't make sense and doesn't make you sound like you know what you are saying..not winning a potential amount of money doesn't mean rhat you have lost it...when people say such things you need to correct them so they don't keep making the same mistakes or wrong assumptions

What are you saying bud? A gambler who bets some maybe huge amount of money on a sports game which ended up not playing according to his prediction definitely lost that that money which he or she spent on betting on that game, call it whatever but this is a loss and there's no two ways about it..

Near misses are more painful because it's a game you almost won, nears misses isn't just about betting on parlay games with maybe 4 to 10 or more legs, and you end up losing that bet by just one game that didnt go as predicted.
Near misses can also happen with single games as well, like for example, Arsenal's last match with Sunderland, I bet on that match for Arsenal to win and a couple of minutes for that match to end, arsenal was winning and I was super happy, but just at the last minute, Sunderland ended up killing that happiness by scoring their equalizing goal, this was a near miss of me and I was seriously pained for losing that bet.

[Mr. Magkaisa]

I have this friend who’s a gambler, whenever he goes to the casino and comes back, you’d always hear him say “damn I’ve just lost $200 today” and sometimes he calls a much higher amount. And this is someone I know too well that he doesn’t have such an amount, someone who could even barely afford two square meal a day.
One day out of curiosity, I asked him how he managed to get the huge amount of money that he lost, and it was then I learned that he wasn’t always referring to the initial stake amount but the potential wins. That he’s not always concerned about the initial stake but the potential wins.

Which led me to asking, does anyone also feel this same way? Say in a parlay, one pick resulted to losing a huge amount, which would you regret (the most) losing? The initial stake amount or the potential win?

Same thing here sometimes!
It was just 20 bucks and played the casino for fun and luckily hit a jackpot and have a total of almost a thousand bucks on my bankroll.
I forgot to take out the amount i should, As my system, when hitting big I will take out the money and leave less than a hundred.

But that time, i forgot and wish for bigger amount and asking for another bigwin, came out nothing!

[0x000369]

I have this friend who’s a gambler whenever he goes to the casino and comes back you’d always hear him say "damn I’ve just lost $200 today" and sometimes he calls a much higher amount And this is someone I know too well that he doesn’t have such an amount someone who could even barely afford two square meal a day

One day out of curiosity I asked him how he managed to get the huge amount of money that he lost and it was then I learned that he wasn’t always referring to the initial stake amount but the potential wins That he’s not always concerned about the initial stake but the potential wins

Which led me to asking does anyone also feel this same way Say in a parlay one pick resulted to losing a huge amount which would you regret (the most) losing The initial stake amount or the potential win?

man ive been there too many times with parlays where one stupid game ruins everything and yeah the potential win stings like hell especially if its a near miss like the last leg cuts and you were this close to cashing big but heres the thing its all in your head that money wasnt yours yet its just a what if that messes with you psychologically the real loss is the stake you put in cause thats actual cash gone from your pocket not some fantasy payout

your friend sounds like hes deep in that dopamine trap always chasing the high of what could be instead of facing the reality of what he actually lost i used to do the same back when i was betting heavy on sports id ignore the $50 i wagered and cry over the $500 i almost won but it just leads to more bets and more regrets trying to chase it back better to focus on gambling what you can afford and move on quick without the emotional bs

this meme nails it lol the never stop gambling vibe after a blackout loss



anyway id say regret the stake more cause thats the real hit to your wallet the potential is just salt in the wound

[Different patterns]

Which led me to asking, does anyone also feel this same way? Say in a parlay, one pick resulted to losing a huge amount, which would you regret (the most) losing? The initial stake amount or the potential win?

this happens to many gamblers especially when it’s a parlay. One single pick will spoiled the whole things, and suddenly you start thinking about whether the real pain is losing the money you staked or the potential winning that slipped away, but the regret hits harder when remember the potential win especially when the ticket was close. That I was this close feeling creates a kind of emotional frustration that sometimes hurts more than the actual loss.

[GigaBit]

It's painful to have a near miss of winning a huge amount of money but that doesn't mean that we lost that money, it actually doesn't make sense and doesn't make you sound like you know what you are saying..not winning a potential amount of money doesn't mean rhat you have lost it...when people say such things you need to correct them so they don't keep making the same mistakes or wrong assumptions

Those who lose even though they are very close to winning and then consider it a loss are definitely gambling emotionally. Until I am sure of my victory, I cannot consider myself as a winner. Considering a near miss as a win is completely foolish and should be avoided. How can something that has not been won be a loss? Gamblers must think realistically while gambling.

[Julien_Olynpic]

If I understand correctly, we're not actually talking about losses here, but about missed opportunities. This happens often, not only in gambling, but also in trading, investing, and business. In my opinion, you shouldn't consider a missed opportunity a loss. After all, you never actually made that profit. There's a similar Russian proverb: "to divide the skin of an unkilled bear." This captures the essence of the topic. Anything you didn't earn and think you missed out on isn't lost profit because it was never a profit. And what was never a profit isn't a loss.

[XOOMBOX]

It's painful to have a near miss of winning a huge amount of money but that doesn't mean that we lost that money, it actually doesn't make sense and doesn't make you sound like you know what you are saying..not winning a potential amount of money doesn't mean rhat you have lost it...when people say such things you need to correct them so they don't keep making the same mistakes or wrong assumptions

Many people have a different idea about such "lost opportunities" but what we did not get can not be technically called lost though mentally the matter often feels different. When someone comes very close and misses winning a large amount of money then he feels as if everything has been lost and even though that money was never his and this feeling is completely part of human psychology and there is no reason to justify it. So it is okay to correct someone but at the same time it is also necessary to understand that everyone's experience and reaction are different, some see it as a misunderstanding and some see it as a kind of disappointment and expressing it as regret and I think both are normal because personal feelings or the use of language is not always specific to everyone that's why a little empathy is also needed, especially when it is not about loss but about feelings.

[Smartprofit]

I have this friend who’s a gambler, whenever he goes to the casino and comes back, you’d always hear him say “damn I’ve just lost $200 today” and sometimes he calls a much higher amount. And this is someone I know too well that he doesn’t have such an amount, someone who could even barely afford two square meal a day.
One day out of curiosity, I asked him how he managed to get the huge amount of money that he lost, and it was then I learned that he wasn’t always referring to the initial stake amount but the potential wins. That he’s not always concerned about the initial stake but the potential wins.

Which led me to asking, does anyone also feel this same way? Say in a parlay, one pick resulted to losing a huge amount, which would you regret (the most) losing? The initial stake amount or the potential win?

In my opinion, your friend is confusing the terms "losing your own money" and "losing virtual winnings." Money that a player hasn't withdrawn from an online casino, in my opinion, can't be considered theirs. It's just "virtual winnings"... It's just "numbers on a monitor screen"...👾

When gambling, we always make decisions. For example, a player might decide to bet on a certain sports team to win. This bet has a specific monetary value (e.g., $50). Let's say the player doubles this amount. They now have a virtual winnings of $50 plus the initial $50. At this point, the player can decide to withdraw these funds (for example, to their USDT cryptocurrency wallet). After this decision, the player can say, "These $100 are my funds, they are my property!" They can also continue gambling.  In doing so, he will risk losing these funds. And this is also a decision he made.

When playing, many people don't realize that they are simultaneously risking the loss of funds and considering them their own (that is, recording them as a financial asset). In my opinion, this is a very pernicious misconception! It's a clear cognitive distortion!

[Guccho]

When people say that the chances of winning a big sum of money are almost nil many people take it as if the money has been lost but in reality it is not like that. It is a bit like before an exam, someone said that they might not get a good score, but did that reduce their score? No they are just talking about probability.

I think the problem is because we confuse probability with actual results, If someone made such a mistake in front of me, I would say lightly look, they didn't lose anything by reducing their chances they just might have lost hope. People often don't even realize the logic of their own words.