5 Mental Responses That Will Make You Lose Money

[Aikidoka]

I strongly agree with these mental responses. And the most arguable thing is the false expert belief. As a matter of fact, we as humans can be overconfident that can lead us to our downfall. That is why we should be confident and playing in a smart way. Otherwise, when we lose, we will get a shock that can be a way to depression because we were 100% sure that we would win. That is why we should expect the unexpected.

[JanpriX]

I strongly agree with these mental responses. And the most arguable thing is the false expert belief. As a matter of fact, we as humans can be overconfident that can lead us to our downfall. That is why we should be confident and playing in a smart way. Otherwise, when we lose, we will get a shock that can be a way to depression because we were 100% sure that we would win. That is why we should expect the unexpected.

This is very true especially when we tend to have a good run of bets and win most of it. Due to our nature of being greedy, we think that we can win all the bets in the future but in the end, we are greeted by our demise and lose all our money with just few bad lucks. It happened to me a lot where I can walk away with significant profit but I stayed for a bit longer (due to cockiness and overconfidence) only to realize that I lost all of my earnings together with my capital money.

Having a goal in mind while gambling somehow helped me to avoid such problems when winning.

[Shenzou]

The Bandwagon effect is what stands out the most for me from the reasons that make people lose a lot of money when gambling, because some people see other who may get lucky and win so they keep going in hope for a win themselves even though it might take them a lot of tries and they end up with no money, people are so affected by what the society impose on them, if they see others doing it they jump in and do it as well even if it means their doom.

[huige007]

Simply one thing which causes a huge losses for anyone's life is his /her greed.Most of the people are getting into gambling to make money with greed but normally most of them will fail in that so be smart and use the gambling why it was meant for.

But sometimes, if you believe in greed is a chance to earn a lot of money it's good for me. Not all greedy will bring you to lose money, but it's good greed accompanied by the common sense that makes you sure get more money. Likewise with gambling, if you believe at the time of gambling you have a strong instinct to win gambling then that is good greedy.

I think you are talking about eagerness in getting rich which surely gives us the mental power to reach the goals of our life but it may not be suitable for the gambling which only depends on luck so the mental strength ha no role to play with it.

Everyone wants to become rich in his life. It is desire of every person to live a tension free peaceful life and money is considered as the remedy to all problems. It is a common view that money can bring happiness and peace. Chasing money is also healthy if a person does not go with the wrong methods. Gambling indeed is an incorrect way of getting rich. Actually it does not work at all.

[milewilda]

Simply one thing which causes a huge losses for anyone's life is his /her greed.Most of the people are getting into gambling to make money with greed but normally most of them will fail in that so be smart and use the gambling why it was meant for.

But sometimes, if you believe in greed is a chance to earn a lot of money it's good for me. Not all greedy will bring you to lose money, but it's good greed accompanied by the common sense that makes you sure get more money. Likewise with gambling, if you believe at the time of gambling you have a strong instinct to win gambling then that is good greedy.

I think you are talking about eagerness in getting rich which surely gives us the mental power to reach the goals of our life but it may not be suitable for the gambling which only depends on luck so the mental strength ha no role to play with it.

Everyone wants to become rich in his life. It is desire of every person to live a tension free peaceful life and money is considered as the remedy to all problems. It is a common view that money can bring happiness and peace. Chasing money is also healthy if a person does not go with the wrong methods. Gambling indeed is an incorrect way of getting rich. Actually it does not work at all.

Gambling is indeed a wrong way on hurrying yourself to become rich. It is possible thru it but would really be very on a million chances since it do really requires extreme luck.Part of human nature to search up on how to earn money on the most easiest and fastest way which it ends up on thinking on playing gambling because this is the thing where those things can be found but in the end they do wreck up their hopes towards it.

[KorakPawon]

1 – Aversion to Loss

2. False Expert Belief

3. What Goes Up Must Come Down

4. Raising Stakes

5. Bandwagon Effect

That's was all probably happen when you have that negative side cause to lose.
That number 2 I was bolded, that has mostly happened to me that I expected I win but my luck was not there.
Felling expert and confident of what I do in gambling but at the end always a loser, this is very risk belief but when a good vibe comes into you surely also comes luck.

when I accept defeat continuously and there has been no change at all to win, my mentality goes down and I play to be chaotic, big loss I get.

[henmark]

We have to realize that we are mentally gambling, so we have to prepare our mind to win or lose. Thus, we are protected from psychological harm.

Before getting into something, one must be knowing and researching about that properly. If you don’t know the good and bad of that thing prior to the practical entrance, you could be on great risk. You could be losing all whattypo have within some days. So better is to search first and then get into this world. And I am sure if you learn well about gambling, you would never be stepping up here.

[zergenyt09]

Raising stakes is the worse won i have felt it and i completely understood how frustrated we get slowly slowly and how much addicting gambling becomes when finally we have lost so much that the only option left we feel it to go all in and whenever this happens the outcome is will always lose it's pretty rare to win

Yeah the result of gambling is that a gambler lost all his money and he takes nothing with himself. When we play game we do not think about the consequences, but when we lost then we think about the lost money and the game we just played. Mentally everything became wrong and we cannot control our emotions. The end will be bad of a bad thing.

[Rinsend]

Increase bets?
If I see an opportunity to win, and raise the bet I think it's okay. It's so risky but when you win it, at least it can give you a lot of money.
Overall this can result in a positive and negative. Depends on someone applying it.

[joebrook]

I quite agree with the “ what goes up must come down” mentality because it’s one of the things that most consistent in the world and it doesn’t only apply to gambling but a lot of other scenarios as well.

[ralle14]

Loss aversion is what made me lose money before. I always bet on heavy favorites thinking they'll always win once I start losing it made me realize that those kind of bets are not worth. Thanks to my past betting experience i'm not afraid to take risks and expect to lose more than to win.

Increase bets?
If I see an opportunity to win, and raise the bet I think it's okay. It's so risky but when you win it, at least it can give you a lot of money.
Overall this can result in a positive and negative. Depends on someone applying it.

It's the same as raising stakes. If you can afford to lose more money in one bet it's okay. I don't prefer doing this kind of bets because it could encourage you to bet higher if you lose.

 

[rodel caling]

1 – Aversion to Loss

2. False Expert Belief

3. What Goes Up Must Come Down

4. Raising Stakes

5. Bandwagon Effect

That's was all probably happen when you have that negative side cause to lose.
That number 2 I was bolded, that has mostly happened to me that I expected I win but my luck was not there.
Felling expert and confident of what I do in gambling but at the end always a loser, this is very risk belief but when a good vibe comes into you surely also comes luck.

absolutely your right i agree with you mate in any angle of life negative thinking are get in at bad cause's, in the gambling need to have brave heart and always thinking their mind to got win postively, we should knows playing gambling need to set greed control to avoid a lot of lose because gambling are risky.

[yoseph]

Loss aversion is what made me lose money before. I always bet on heavy favorites thinking they'll always win once I start losing it made me realize that those kind of bets are not worth. Thanks to my past betting experience i'm not afraid to take risks and expect to lose more than to win.

Increase bets?
If I see an opportunity to win, and raise the bet I think it's okay. It's so risky but when you win it, at least it can give you a lot of money.
Overall this can result in a positive and negative. Depends on someone applying it.

It's the same as raising stakes. If you can afford to lose more money in one bet it's okay. I don't prefer doing this kind of bets because it could encourage you to bet higher if you lose.

 

It’s all because the gambler wants to make sure he will be able to win back the money that he/she have lost in the previous bet but almost all the tine it doesn’t end up in the favor of the gambler because he just keeps on losing more and more in the following bet.

[mostkey]

I strongly agree with these mental responses. And the most arguable thing is the false expert belief. As a matter of fact, we as humans can be overconfident that can lead us to our downfall. That is why we should be confident and playing in a smart way. Otherwise, when we lose, we will get a shock that can be a way to depression because we were 100% sure that we would win. That is why we should expect the unexpected.

it would be better if we prepare speculation or ways to anticipate if we find the worst when we do gambling.
safe steps
- stop and resume at a later date.
- take a break and find the best strategy to conquer the game
- multiply bets with unlimited bankroll

Well, maybe that's the way we need to do it

[Webetcoins]

Loss aversion is what made me lose money before. I always bet on heavy favorites thinking they'll always win once I start losing it made me realize that those kind of bets are not worth. Thanks to my past betting experience i'm not afraid to take risks and expect to lose more than to win.

Increase bets?
If I see an opportunity to win, and raise the bet I think it's okay. It's so risky but when you win it, at least it can give you a lot of money.
Overall this can result in a positive and negative. Depends on someone applying it.

It's the same as raising stakes. If you can afford to lose more money in one bet it's okay. I don't prefer doing this kind of bets because it could encourage you to bet higher if you lose.

 

When luck is your opponent, then I am also against the idea of raising up one’s betting amount because all this will do is bring more loss. Only because a person can sustain pain does not mean he should punish himself with that pain. It is better to play with very small amounts and never let this thought cross your mind that raising up amount will recover the loss or benefit in any way.

[Natsuu]

Already this week I was treated by all five such responses,the running bot system made me do it and the result lost my money more.Thank you for giving me good benefits I will rearrange my feelings and strategy for win Reading the article is very useful.

Oh that's bad brother and I hope you already move on with that. I wonder what made you come up to that? I bet something bothering you that time so your mind is not that calm.

I believe in raising stakes because gamblers are greedy so the more they raise stakes the more they expect winnings nor money. And we raise stakes the more we won and don't want to break the momentum. And that won't help either.

[farwellbit]

I believe that by increasing the bet it is the most wrong thing, which means losing a lot of money, gambling will greatly make your patience very tested, especially in the mind, do not expect to win if his patience is uncontrollable or very emotional to earn more money not with clear mind.

There is no patience in the mind because the gamblers are always greedy and they want to win more and more, and thus they lose all their money. A gambler will never be mentally relaxed rather he wins or loses. When he wins, he wants to win more and when he loses he wants to win back his lost money and thus the result is tension mental distortion.

[Compa]

I believe that by increasing the bet it is the most wrong thing, which means losing a lot of money, gambling will greatly make your patience very tested, especially in the mind, do not expect to win if his patience is uncontrollable or very emotional to earn more money not with clear mind.

There is no patience in the mind because the gamblers are always greedy and they want to win more and more, and thus they lose all their money. A gambler will never be mentally relaxed rather he wins or loses. When he wins, he wants to win more and when he loses he wants to win back his lost money and thus the result is tension mental distortion.

It's a wrong in gambling if gambler are always greedy and not patience to play in gambling.
I think that Need to control yourself in gambling, dont be greedy and patience this is the key to survive in gambling.

[Supercrypt]

I think that the main reasons are:
* gambler forgets that this is not a way to earn money, it's a way to spend time in a nice way.
* gambler tries to "recover loss"
* gambler believes that a winning scheme he has read about really works

That first one is basically the main thing that is applicable to almost every gambler based on most of the things I have always read on this forum and that my bro is one thing that is worrying. As long as they have that first wrong mentality, there is no way the remaining two will not always come to play ?

The fact that they ended up thinking they will win no matter what since they want to earn from gambling will make them to keep pushing themselves more even while losing so much and hence subject them to trying to recover losses and trying t find better ways to want to win their money back as they end up losing everything.

[Rinsend]

Increase bets?
If I see an opportunity to win, and raise the bet I think it's okay. It's so risky but when you win it, at least it can give you a lot of money.
Overall this can result in a positive and negative. Depends on someone applying it.

It's the same as raising stakes. If you can afford to lose more money in one bet it's okay. I don't prefer doing this kind of bets because it could encourage you to bet higher if you lose.

 

indeed this is the most risky strategy, especially if we do it with 2x bets multiples. we can lose very large, while our profit can only get the same as the number of bets at the beginning.
example: bet in the beginning of 0.002 three times our defeat runs out 0.014 and in the bet to eight we must have 0.016 which means we have spent 0.03 with win guarantee only 0.002