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Author Topic: Should I try to win back my loss?  (Read 4074 times)
gabmen
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November 01, 2017, 01:45:05 PM
 #201

Yes, no one should ever give up anything or any losses without any fight - good fight. but before you fight back, please study this forum, change your investment policies and strick back Smiley
Gambling is not a fight and if it is a fight what are some of the things that you will have to do in order to win, With gambling it's all about luck and nothing, if it didn't go well for you, then try the next day but don't come with the mindset that you are going to recoup your losses, you will end up losing everything in the end.

But many addicted gamblers believe that with different strategies and with bankroll management they can beat the house and make easy money. This is the main reason gamblers lose more and more money in gambling. I think even gambling every day is not a good thing to do because you may slowly addict to gambling so you should come back only after few days to try your luck but definitely not to get back your losses.

Well that is correct. Because the more the players that wagers, that won't affect the house edge that the casino have. It still has 1% edge. So, it is safe to say that sometimes you get to win, sometimes you get to lose.
Yeah there must be understanding of this factor in the lives of traders and gamblers that there must be profit and there must be loss. Sometimes when you are lucky and in case of trading if you have put hard work and best efforts in the race, surely results will be on your side. Get easy with profit, loss and risk as well. Then I think you will not be in any difficulty and making better progress.


Its a different case chasing losses for trading and gambling. When you trade, there's a big chance that the next trade after a loss would ve successful because of the adjustments that you'll make. Adjustments doesn't really have that much weight in gambling

 
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Oilacris
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November 01, 2017, 02:29:36 PM
 #202

Yes, no one should ever give up anything or any losses without any fight - good fight. but before you fight back, please study this forum, change your investment policies and strick back Smiley
Gambling is not a fight and if it is a fight what are some of the things that you will have to do in order to win, With gambling it's all about luck and nothing, if it didn't go well for you, then try the next day but don't come with the mindset that you are going to recoup your losses, you will end up losing everything in the end.

But many addicted gamblers believe that with different strategies and with bankroll management they can beat the house and make easy money. This is the main reason gamblers lose more and more money in gambling. I think even gambling every day is not a good thing to do because you may slowly addict to gambling so you should come back only after few days to try your luck but definitely not to get back your losses.

Well that is correct. Because the more the players that wagers, that won't affect the house edge that the casino have. It still has 1% edge. So, it is safe to say that sometimes you get to win, sometimes you get to lose.
Yeah there must be understanding of this factor in the lives of traders and gamblers that there must be profit and there must be loss. Sometimes when you are lucky and in case of trading if you have put hard work and best efforts in the race, surely results will be on your side. Get easy with profit, loss and risk as well. Then I think you will not be in any difficulty and making better progress.


Its a different case chasing losses for trading and gambling. When you trade, there's a big chance that the next trade after a loss would ve successful because of the adjustments that you'll make. Adjustments doesn't really have that much weight in gambling
This is actually the advantage of trading since you can able to make adjustments after a loss which you cant really apply on gambling. Winning back your loss on those odds would really be hard.If you are really an impulsive gambler then you would really end up on playing again. Loss streaks cant really be stop once it hits you then expect for a loss that you would really hardly to chase up.

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November 01, 2017, 04:26:34 PM
 #203

Whenever you loose in gambling, take a break and think about your next step. Don't rush to play again trying to win your money back because you will end up loosing more money and it continues like that. When you gamble, you may win sometimes but you will loose more times than you win. Learn to accept loss and control yourself. Think about the mistakes you made or change the game. The worst mistake gamblers do is trying to win their money as soon as the loose it.
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November 01, 2017, 04:51:18 PM
 #204

You can win back you've loss, but I guess try to li-lo playing gambling also, because I think gambling is not your thing since you are always losing in it. Maybe try in the other day or if you can try to stop playing it then stop and earn bitcoin than to gamble more. More earnings and less gamble are better.

Actually you can retrieve back your losses by changing game method.

For example : I'm experience some losses on dice , my method 50% winning chance.
After a week, I change my method into 0.01% winning chance and guess what... ? I won 0.09 with 1000 sat/bet and ofcourse I'm on profit !
Try several times to win the bet you lost before. Don’t be panic gambling is totally luck although some use tricks. If you are lucky then you will make lots of money with gambling otherwise you will lose continuously and may your wallet get empty due to losing your money.

So, try to win your lost bitcoin is mandatory to keep gambling and to reverse your lost money. If you have no skills of gambling then you should not gamble because you will never win. Use tricks should be used in winning.
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November 02, 2017, 11:54:58 AM
 #205

Whenever you loose in gambling, take a break and think about your next step. Don't rush to play again trying to win your money back because you will end up loosing more money and it continues like that. When you gamble, you may win sometimes but you will loose more times than you win. Learn to accept loss and control yourself. Think about the mistakes you made or change the game. The worst mistake gamblers do is trying to win their money as soon as the loose it.

Yep pretty much what you say is what any gambler should know and live by. Rushing in to gambling regardless of previous losses or not is never a good thing. Think it through, set up limits and tell yourself what it is you want to achieve by this.

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November 02, 2017, 02:51:09 PM
 #206

Just to update you guys, as I have stated in the thread previously I broke even with the sports bet, I also won on FJ

I have hit their jackpot yesterday Smiley


So, considering I lost on 1: 60 000 and 1 : 120 000 in a span of 10 minutes, I  also hit a 1 in a 10 million jackpot with a total of 600k bets, so I guess the tables have turned and the lack of fortune initially has been credited to me with interest Smiley

Looking for a signature campaign.
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November 02, 2017, 03:13:17 PM
 #207

Just to update you guys, as I have stated in the thread previously I broke even with the sports bet, I also won on FJ

I have hit their jackpot yesterday Smiley


So, considering I lost on 1: 60 000 and 1 : 120 000 in a span of 10 minutes, I  also hit a 1 in a 10 million jackpot with a total of 600k bets, so I guess the tables have turned and the lack of fortune initially has been credited to me with interest Smiley
That's what people call as a real luck , and a lot of people come to casino for that right?
Good for you , you have achieved something that not much people can get it , don't make us jealous please Cheesy .
In the end it is up to you to make a decision to go for this chasing your loss back mission or not , i just think the percentage of those people who do this successfully is really low.
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November 02, 2017, 05:58:06 PM
 #208

Ha ha, not today old friend. its better i go far away the gambling table when I lost a lot of money. because if I go back, maybe I will lose more of my money.
right when we are in long run loss we better stop the game and go home. once our bad luck started it will end when we lose everything in our wallet.

Sometimes the best thing to do if you have enough money is to continue what you've started  and because of that luck you will win sometimes and when you win back over your profit then stop and come back again if think you were lucky again to play thats the real sports accept when you lose too
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November 02, 2017, 10:07:46 PM
 #209

Ha ha, not today old friend. its better i go far away the gambling table when I lost a lot of money. because if I go back, maybe I will lose more of my money.
right when we are in long run loss we better stop the game and go home. once our bad luck started it will end when we lose everything in our wallet.

Sometimes the best thing to do if you have enough money is to continue what you've started  and because of that luck you will win sometimes and when you win back over your profit then stop and come back again if think you were lucky again to play thats the real sports accept when you lose too

But the problem is often times this thing we called luck is no where to find Smiley.  Even if we are feeling lucky, the result of the game is the opposite.  So  I guess it is best to start a new, and never chase loses because it will only frustrate us and will even make us lose more since we are trying to get this losses in one go.  Better to think that loses can't be win back and just play for that moments game.  Less worries, less target less stress and less distraction.

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November 02, 2017, 10:56:25 PM
 #210

Ha ha, not today old friend. its better i go far away the gambling table when I lost a lot of money. because if I go back, maybe I will lose more of my money.
right when we are in long run loss we better stop the game and go home. once our bad luck started it will end when we lose everything in our wallet.

Sometimes the best thing to do if you have enough money is to continue what you've started  and because of that luck you will win sometimes and when you win back over your profit then stop and come back again if think you were lucky again to play thats the real sports accept when you lose too

But the problem is often times this thing we called luck is no where to find Smiley.  Even if we are feeling lucky, the result of the game is the opposite.  So  I guess it is best to start a new, and never chase loses because it will only frustrate us and will even make us lose more since we are trying to get this losses in one go.  Better to think that loses can't be win back and just play for that moments game.  Less worries, less target less stress and less distraction.
We will get weak when we will allow our emotion to dictate us, this is gambling and we should always be smart because money is very important and we are risking it to make profit. Chasing your bets is normal but you should also set a limit to avoid losing your entire bankroll which will make you depress in the end.

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November 02, 2017, 11:40:08 PM
 #211

Just to update you guys, as I have stated in the thread previously I broke even with the sports bet, I also won on FJ

I have hit their jackpot yesterday Smiley


So, considering I lost on 1: 60 000 and 1 : 120 000 in a span of 10 minutes, I  also hit a 1 in a 10 million jackpot with a total of 600k bets, so I guess the tables have turned and the lack of fortune initially has been credited to me with interest Smiley

Awesome! Well done mate.

what game did you win the jackpot on if you don't mind me asking? Also, how much did you initially start with to build up to that 4.6BTC?

Keep up the good work!

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November 03, 2017, 03:47:25 AM
 #212

Just to update you guys, as I have stated in the thread previously I broke even with the sports bet, I also won on FJ

I have hit their jackpot yesterday Smiley


So, considering I lost on 1: 60 000 and 1 : 120 000 in a span of 10 minutes, I  also hit a 1 in a 10 million jackpot with a total of 600k bets, so I guess the tables have turned and the lack of fortune initially has been credited to me with interest Smiley

Nice iluvbitcoins! Not all the time luck isn't with us and whenever we lose, win will come. I'm happy for your recovery and I guess that will make you feel the same too. What are you planning to do, you will keep on going and will pursue your luck or you will take out some of it and will save for real cash?

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November 03, 2017, 04:10:16 PM
 #213

No you shouldn't try to recover your loss would mean you are addicted to gambling or on a brick to get addicted to it. If you want to save yourself now and in the future don't try to recover your loss you will lose lot more than you would gain
You are right mate, We should not thinking to recover our lost after we lose a money. We should control ourselves, because in this time we can make wrong decisions that can make our situation more worse. So, the best thing is to wait and try to gamble normally, and to be smart.
yes that's what i have alwaysbeen trying to say you get a loss it's fine just forget it if you keep thinking about your losses or always grieve that what if you didn't gamble you will never be able to recover yourself just forget the past and don't repeat your mistakes in future
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November 03, 2017, 10:52:13 PM
 #214

better not to recover your loss. because if you did. you might loss more. better just forget your loss and try another time again just like when you started.
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November 03, 2017, 11:00:03 PM
 #215

better not to recover your loss. because if you did. you might loss more. better just forget your loss and try another time again just like when you started.

Isn't that basically the same as trying to win back your losses? Starting fresh means you are going for the win, going for the win means recouping your past losses.. no?

I'm all for trying to get back what you've lost. If you can keep a clear mind there's really nothing that has changed. If your mind gets clouded easily that's a different story though.

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November 04, 2017, 12:38:36 AM
 #216

No and it's better to accept that way. You are getting close to a serious addiction if you are still going to pursue on winning it back. I can see that gambling does not do anything good to you so I hope you'll stop before it's too late.
MMysterious
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November 04, 2017, 12:58:00 AM
 #217

I see you have yourself a bank roll set. Before I also play dice everyday. But I usually played it manually. In your case, you are using martingale. On straight losses like 5 times you better try setting your bet to minimum until the losing streak ends. You better try another strategy or maybe stop playing and come back the net day. There are days were luck is not on our side.
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November 04, 2017, 06:11:40 AM
 #218

Why not what's wrong in that gambling is a luck based game if it's your day you can easily recover your loss and might even get a profit but you need to he sure that it's surely your day if you still lose then it's better to stop and try recovering your losses later
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November 04, 2017, 07:22:06 AM
 #219

I don't think that's right because when you loss something, you can't control your emotions. First thing that comes on your mind is too win back what you loss. You can't focus on winning because you are focusing on your loss. Based on my own experience, everytime I did that, I will just lose all over again. I believed the best thing to do is to take a rest, calm down yourself and accept what you loss. Then you can start to fight again. New game. New start.
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November 04, 2017, 07:43:54 AM
 #220

I don't think that's right because when you loss something, you can't control your emotions. First thing that comes on your mind is too win back what you loss. You can't focus on winning because you are focusing on your loss. Based on my own experience, everytime I did that, I will just lose all over again. I believed the best thing to do is to take a rest, calm down yourself and accept what you loss. Then you can start to fight again. New game. New start.
agree, that also happens to me. when the emotion has taken control, we know everything gonna be worse. we need calm a little bit, clear our mind, take a deep breath. Personally, when I got a loss, that's is the sign I need to stop and move on.
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