5 Mental Responses That Will Make You Lose Money

[Gintama214]

This is really true, people who are going through this mental responses is due to loss of control to itself, many people feel this whenever they lose money due to gambling and other ways that make them lose their money. Especially in gambling, whenever you lose you always feel or believe that you will gonna win and keep betting even though you already have lost a lot of money and thinking that you still win.

[jakagintiri]

that often makes the gambler to lose a lot of money is being too quick to take decisions and always doubling bet every he accepted defeat and too rely on emotion without positive thinking.

[bratko99]

And also more like to get the money that they lost back.
I've seen tons of people doing this. And instead of making it back, they will just keep loosing.
Really crazy, but it is what it is. Tho.

[Jating]

I believe a better explanation to this is summed up in what you give you receive. The universe only gives you what you think, so if you go to a casino and think oh well I'm gonna loose but let's try chances are you'll loose. However if you go in with this affirmation today I'll win and I'm in the winning league then you see it'll happen. Give out positive affirmations and it'll work like a charm.

True mate. I believe that our ming is more powerful than our body. What our mind is thinking would definitely takes control of what will happen in the end. That is why if we do something big like if we want to go to a casino or even in online games, we should always think positive and always think that this is our lucky day. Positive thinking can help us with our strategy in life not just in gambling. I have been there and done that and honestly it really works for me.

Right, and if you think that you are mentally tough and have the correct mindset before entering a casino, then you are wrong. Because one you are loosing, everything changes, and the more you want to quit and just go home and not chase your losses, the more you are suckered it.

I don't know about positive thinking though, it is still based on pure luck and for me no amount of positive thinking will change the roll of the dice or the outcome of the game.

You just have to be prepared for the worst when you enter thee gambling world. Most of the time it breaks people and we know what the worst thing that can happen to us.

[Tigorss]

fatigue and emotion how it can happen because the defeat of the emotions want to continue to gamble so that the lost money can come back again but in fact defeat continues until the emotions can not be controlled again.

[TheUltraElite]

that often makes the gambler to lose a lot of money is being too quick to take decisions and always doubling bet every he accepted defeat and too rely on emotion without positive thinking.

People like you will only make gamblers lives worse. If they dont accept the loss then they are going to suffer from the future losses. There is no "Win" or "Defeat" in gambling. It would have been if the odds were not against the player like any other game like soccer, tennis. If you are going to play on a game where you are bound to lose why bother about defeat? You will b defeated eventually and so its better just to stop early.

fatigue and emotion how it can happen because the defeat of the emotions want to continue to gamble so that the lost money can come back again but in fact defeat continues until the emotions can not be controlled again.

Emotions need to be controlled. Its the basic need of gamblers to be able to get rid of their addiction.

[entrepmind23]

fatigue and emotion how it can happen because the defeat of the emotions want to continue to gamble so that the lost money can come back again but in fact defeat continues until the emotions can not be controlled again.

This is the reason why emotions should be controlled when it comes to gambling and if you can't control it then better not gamble at all but we know this is not the case especially for the gamblers who are getting addicted to gambling and more often than not, they are not objective anymore when they gamble as they are controlled by their emotions that's why their response to losing is often negative which may result to more losses. You can only avoid losing more money in gambling when you are in control of your emotions.

that often makes the gambler to lose a lot of money is being too quick to take decisions and always doubling bet every he accepted defeat and too rely on emotion without positive thinking.

Martingale strategy is ideal because it makes you get back what you lose with just one win but it is very risky too that's why what actually happens when someone use this strategy is losing his capital in one swoop since the more he lose, the bigger the bet he needs to get it all back and there are times when you are just unlucky.

[maydna]

that often makes the gambler to lose a lot of money is being too quick to take decisions and always doubling bet every he accepted defeat and too rely on emotion without positive thinking.

what he needs is only a luck factor to get his money back but unfortunately, he cannot get his luck work beside him because no one will know when the luck will come and stay with us. and if you are using emotion only in the gambling games, then you are going to lose all of your money without stopping the games and I think it's not take a longer time to lose that money. be careful when you doubling your bet because you can lose more money and it is difficult to accept our loss.

[Betwrong]

To avoid all of those negative mental responses it's necessary to decide why do you gamble in the first place. If you think that you can improve your financial situation with gambling, that is definitely a wrong approach. Before starting playing you should think something like: "Okay, I will lose this money most likely, but at least I'll have some fun". You should never expect winning. On the contrary, expect the unexpected in the bad sense of the word. I play poker and I know that I may lose with a Full House to someone with Four of a Kind. And I can't do anything about that. If I have a Full House then there's always an option that someone has a Four of a Kind. It's very rare but it might happen and that's why we have to be prepared. If you are not ready to accept your losses you shouldn't even start playing.

[pokeronlinestatus]

1. nervous
2. too eager and never willing to be patient
3. small capital, and often feel worried
4. rash, no analysis and moment estimates, just referring to luck only
5. always think that victory will come and will have fun.

Your mind is the most important part of your body and that it is the part which controls rest of your body. You need to be sure that you are making the best possible use of your mind and that you are making the right decision at the right time. the moment you will lose control over your mind, there will be nothing left in your hands and that you will be responsible for all the losses which you will then suffer.

[livingfree]

3. What Goes Up Must Come Down

Sometimes we are very confident when we found a tipster that has the most accurate predictions. But we can't remember that not all the time is an holiday.

This is true, what goes up must come down so don't be too encouraged and optimistic when you are on the tip of your winning streak.

[BTCappu]

This is really true, people who are going through this mental responses is due to loss of control to itself, many people feel this whenever they lose money due to gambling and other ways that make them lose their money. Especially in gambling, whenever you lose you always feel or believe that you will gonna win and keep betting even though you already have lost a lot of money and thinking that you still win.

Human brain is no doubt one of the most important component of the human body and that the ones who exactly know how to make the best possible use of the brain are the ones who are making lot of money and are amongst the world’s wealthiest persons. You can also be one of them but for that you need to make the best possible use of this thing so that you may also get what you want in your life.

[Betwrong]

This is really true, people who are going through this mental responses is due to loss of control to itself, many people feel this whenever they lose money due to gambling and other ways that make them lose their money. Especially in gambling, whenever you lose you always feel or believe that you will gonna win and keep betting even though you already have lost a lot of money and thinking that you still win.

Human brain is no doubt one of the most important component of the human body and that the ones who exactly know how to make the best possible use of the brain are the ones who are making lot of money and are amongst the world’s wealthiest persons. You can also be one of them but for that you need to make the best possible use of this thing so that you may also get what you want in your life.

Imo human brain is the most important component of the human body and we should treat it accordingly. I mean if we eat a lot of sweets we damage our teeth but we still can live with that. But if damage our brain by watching stupid TV shows or by reading incompetent information on the internet we become walking dead, suffering ourselves and making others suffer. The notion that the richest people are also the smartest ones has been imposed by those incompetent sources of information and has nothing to do with reality.

It was discussed here on bitcointalk in relation to a recent research which came to conclusion that the richest people are not smart but rather lucky, and I was arguing there that in fact they are neither smart nor lucky ... but that's another story. In short, smart people are not necessarily rich and they don't necessarily want to be rich either. And if you are like one of them, you will not struggle to make money with gambling and thus you will not have those Mental Responses That Make You Lose Money from the OP.

[geopolisch]

I believe a better explanation to this is summed up in what you give you receive. The universe only gives you what you think, so if you go to a casino and think oh well I'm gonna loose but let's try chances are you'll loose. However if you go in with this affirmation today I'll win and I'm in the winning league then you see it'll happen. Give out positive affirmations and it'll work like a charm.

True mate. I believe that our ming is more powerful than our body. What our mind is thinking would definitely takes control of what will happen in the end. That is why if we do something big like if we want to go to a casino or even in online games, we should always think positive and always think that this is our lucky day. Positive thinking can help us with our strategy in life not just in gambling. I have been there and done that and honestly it really works for me.

Without brain, our body won’t even know what to do. It is the most important part of body as it keeps other functioning too in the proper way. We cannot think without this and now that we can think, then how come gamblers don’t use this gift for knowing the reality of this game? any logical person can tell rather even a very basic common sense indicates that a game which outcomes depend only on luck can never be won by thinking positively or whatsoever way.

[TheUltraElite]

Sometimes we are very confident when we found a tipster that has the most accurate predictions. But we can't remember that not all the time is an holiday.

Following tipsters does not mean you are in profit every-time. They are paid by the bookies to make such bets and they simply do as they are instructed to do. Does not mean they are always using their analysis to win. You should rather do some own research before placing any bets.

This is true, what goes up must come down so don't be too encouraged and optimistic when you are on the tip of your winning streak.

Not if you cash out before the bad things happen. If you have the habit of wasting money in gambling then you should withdraw before you lose once you win something big and dont ever return.

[StarofBTC]

3. What Goes Up Must Come Down

Sometimes we are very confident when we found a tipster that has the most accurate predictions. But we can't remember that not all the time is an holiday.

This is true, what goes up must come down so don't be too encouraged and optimistic when you are on the tip of your winning streak.

Nothing is predictable. The future is all about a mystery that can’t be solved. Even if some time machine is built and you are just checking that as well to see what is going to happen, you can’t just do that. in gambling, you already know that you would be having losses sometimes and win sometimes as well but the ratio of losses are quite healthier than that of win, so why to look for something who tell you the reality?

[The Sceptical Chymist]

I would add the one that will make you go bankrupt: “I don’t care”.

Yeah, I'd say that's a deadly attitude to have in any aspect of your life and when you're gambling and just don't care anymore...hope you don't have a family to support.

I've been guilty of the false sense of being an expert before, not in a casino but in the stock market--and the market showed me real quick that none of that matters for the little guy.  It's probably even worse when you're on the dice sites or playing poker and you have the adrenaline and dopamine pumping.

I get tripped up by

3. What Goes Up Must Come Down

every time, because it seems so logical when you're down and when (in the market) it seems like things couldn't go down more than they have.  That's not true, though.  You can keep rolling 7s for way longer than you'd think possible. 

What most of this comes down to is being illogical when you're wagering, and a lot of gamblers tend to do this throughout their lives.  Casinos thrive on this.

[Ekanenf]

1 – Aversion to Loss

2. False Expert Belief

3. What Goes Up Must Come Down

4. Raising Stakes

5. Bandwagon Effect


https://degenbet.com/5-mental-responses-will-make-lose-money/

That is only some of the many responses that will make you suffer in playing gambling. There is no good thing about gambling, that is why I'm wondering how other people are having a hard time leaving gambling, yes we could be addicted but if we are mature enough to accept our lose, then quitting is no big deal, our mindset should be "I lost, that is fine, gambling is not the only way to earn money" something like that for us to avoid losing too much.

[jeremypwr]

The belief in "chasing" will cause a punter to crash and burn faster than they would think.
I've seen people "chase" at the end of a long night, only to end up losing even more than if they were to sit it out until the next day.
The problem is that we are made to believe that we can upside the books, when in reality it's a very select few that come up ahead.

[perfect999]

This is really true, people who are going through this mental responses is due to loss of control to itself, many people feel this whenever they lose money due to gambling and other ways that make them lose their money. Especially in gambling, whenever you lose you always feel or believe that you will gonna win and keep betting even though you already have lost a lot of money and thinking that you still win.

Human brain is no doubt one of the most important component of the human body and that the ones who exactly know how to make the best possible use of the brain are the ones who are making lot of money and are amongst the world’s wealthiest persons. You can also be one of them but for that you need to make the best possible use of this thing so that you may also get what you want in your life.

No doubt in this. But what if someone wants to kill himself, does he should be using the best aspects of his mind and plan so fantastically using the efficiency of his mind to kill himself? No, definitely no. we have to stop him and he must be stopping himself too. Likewise, in gambling, this is just a story of killing yourself financially and then let yourself engaged in how to use your mind efficiently.