Gambling - Eating your Brain and Money

[Ellen Adarna]

Gambling losing streak,

I’m into gambling for about months now, and in my first game I was able to generate profit enough to be happy, I continued for the rest of my 4 weeks of playing, sometimes its breakeven but I know its ok.

My friend invited me to play with him in casino this time, I have enough money to play for so I decided to say yes. Bad luck comes to me this time, at first my loss was about $500, so I know it is still fine and decided to continue, but the moment we stopped I think its too late now since I’ve already loss $3000, a very bad day for me. I’ve lost the money I’ve worked hard for.

This is an eye opener situation for me, and I’ve realized that gambling was slowly eating my brain and my money. Now I’m broke but still kickin, this can be the proof that chasing your losses is not good at all and it should be avoided. Have the same experience with me? Don’t hesitate to share and give some thoughts for those who are suffering from sitution like this.  

In my own personal opinion, the reason why you are having some lose streaks in gambling is because you don't have any self control in playing that when every time you lose you are becoming greedy in betting that you are thinking on how you would get back all of your losses. Honestly, i also experience losing a huge amount of money in playing in my favorite crypto casino and i didn't win it back. Since that time, i still gamble my profits in crypto casino but i learned how to control and limit myself in betting that even i still experience i lose streak i still manage to get all of my losses. If you will gonna ask my favorite crypto casino has hundreds of famous casino games that a lot of gamblers enjoy it like poker, baccarat, blackjack, roulette, and slots. Try visit and play to this site because they offer great bonuses for new players that you can get 225% on deposits and get up to 1,000 mBTC. Laslty, gambling is not all about taking the risk to gamble and for to become addicted in playing. Gambling is really for entertainment and also a way for you to have easy money by playing.

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[TheCoinGrabber]

Gambling losing streak,

I’m into gambling for about months now, and in my first game I was able to generate profit enough to be happy, I continued for the rest of my 4 weeks of playing, sometimes its breakeven but I know its ok.

My friend invited me to play with him in casino this time, I have enough money to play for so I decided to say yes. Bad luck comes to me this time, at first my loss was about $500, so I know it is still fine and decided to continue, but the moment we stopped I think its too late now since I’ve already loss $3000, a very bad day for me. I’ve lost the money I’ve worked hard for.

This is an eye opener situation for me, and I’ve realized that gambling was slowly eating my brain and my money. Now I’m broke but still kickin, this can be the proof that chasing your losses is not good at all and it should be avoided. Have the same experience with me? Don’t hesitate to share and give some thoughts for those who are suffering from sitution like this.  

Never been in the same situation since the only gambling I regularly engage in is lottery and that's usually just once every 1-2 months. And I go out of my way (literally) to avoid it. Walk quickly past the outlet or take a different route.

As you said yourself, the best you can get is breakeven. You're not supposed to expect to make profit out of this, it's for entertainment. You should've just set an amount to spend on it for a month and don't dip in your other savings when you lose.

Set something like 10% of your income and label that as "entertainment". Use that for everything related to entertainment like movies and gambling. When it runs out, you stop spending until it gets topped up again the next month.

[Pattart]

Self-control is hard in gambling despite of the strategies that you have, this is a biggest challenge for every gambler. Its sad to hear that most of the  gamblers are still playing with a lot of greed most of the time when there's a losing streak.

True, the most difficult part in gambling is self restrain especially when we are winning during the early rounds of play.  We think that we can win again since we have experienced it but gambling is gambling, it is a game of chance. 

That's what usually happens in the gambling, we experience a win at the early rounds so that it gives us confidence that we can get profit again. if you really are looking for profit then save you profit, by quiting for playing that day and gambling again tomorrow

[hahay]

Self-control is hard in gambling despite of the strategies that you have, this is a biggest challenge for every gambler. Its sad to hear that most of the  gamblers are still playing with a lot of greed most of the time when there's a losing streak.

True, the most difficult part in gambling is self restrain especially when we are winning during the early rounds of play.  We think that we can win again since we have experienced it but gambling is gambling, it is a game of chance. 

That's what usually happens in the gambling, we experience a win at the early rounds so that it gives us confidence that we can get profit again. if you really are looking for profit then save you profit, by quiting for playing that day and gambling again tomorrow

I have experienced this kind of thing even recently I have been controlled by greed and of course by not being able to control myself, I have lost everything in gambling, which means gambling has eating my brain and money. Even though you quiting that day and gambling again tomorrow, it's not enough for you to get good results, because luck is the main factor even though you have many strategies in gambling.

[Fredomago]

Self-control is hard in gambling despite of the strategies that you have, this is a biggest challenge for every gambler. Its sad to hear that most of the  gamblers are still playing with a lot of greed most of the time when there's a losing streak.

True, the most difficult part in gambling is self restrain especially when we are winning during the early rounds of play.  We think that we can win again since we have experienced it but gambling is gambling, it is a game of chance. 

That's what usually happens in the gambling, we experience a win at the early rounds so that it gives us confidence that we can get profit again. if you really are looking for profit then save you profit, by quiting for playing that day and gambling again tomorrow

A lucky glimpse of win  will lead us to much deeper engagement, lots of gamblers suffered with stress and too much anxiety after losing lots of money inside this activity, it's eating everything inside their minds keep thinking of how they will play well and create new strategy from time to time, but end results still the same, losing their money because greed is always there after.

[monalia]

Self-control is hard in gambling despite of the strategies that you have, this is a biggest challenge for every gambler. Its sad to hear that most of the  gamblers are still playing with a lot of greed most of the time when there's a losing streak.

True, the most difficult part in gambling is self restrain especially when we are winning during the early rounds of play.  We think that we can win again since we have experienced it but gambling is gambling, it is a game of chance. 

That's what usually happens in the gambling, we experience a win at the early rounds so that it gives us confidence that we can get profit again. if you really are looking for profit then save you profit, by quiting for playing that day and gambling again tomorrow

Haha this is how casino investment will run around while we gamble there.

We must need to careful while we gamble and it makes profit again and again then will create the interest to put more investment in casino. If you are careful then you will be push to loose all the money buddy.

[Netnox]

Set something like 10% of your income and label that as "entertainment". Use that for everything related to entertainment like movies and gambling. When it runs out, you stop spending until it gets topped up again the next month.

This is actually a very good suggestion. But still I believe that 10% of the total income is a bit high. If alcohol, sports.etc is included, then it can be reasonable. But it will be quite hard to keep this 10% target. Chasing the losses is a habit which is very difficult to get away. I have seen even the most experienced gamblers doing it.

[TheCoinGrabber]

Set something like 10% of your income and label that as "entertainment". Use that for everything related to entertainment like movies and gambling. When it runs out, you stop spending until it gets topped up again the next month.

This is actually a very good suggestion. But still I believe that 10% of the total income is a bit high. If alcohol, sports.etc is included, then it can be reasonable. But it will be quite hard to keep this 10% target. Chasing the losses is a habit which is very difficult to get away. I have seen even the most experienced gamblers doing it.

The Entertainment fund is supposed to be for everything fun like treating the family out, it isn't solely for gambling. But since it's already a small portion of the income, gambling get an even smaller portion since it also have to share funds with movie tickets and restaurant bills.

IMHO any "earnings" from gambling should be added to the Savings fund which is ideally >20% of the income so that it actually do good. But yeah, if the income ain't much maybe Entertainment can be reduced to 5%.

[skivrmt]

Set something like 10% of your income and label that as "entertainment". Use that for everything related to entertainment like movies and gambling. When it runs out, you stop spending until it gets topped up again the next month.

This is actually a very good suggestion. But still I believe that 10% of the total income is a bit high. If alcohol, sports.etc is included, then it can be reasonable. But it will be quite hard to keep this 10% target. Chasing the losses is a habit which is very difficult to get away. I have seen even the most experienced gamblers doing it.

10% target is an optional. You can set whatever amount you want but it won't help for sure. You can lose control yourself at any time during gambling and just raise your spending limit.

[koroke]

The worst is when you want to recover your losses. When you are in a bad luck and are not having fun anymore, just give it a break. Withdrawal your money, accept your loss and come back some other day to have more fun.

 Don't try to get back the money you lost, or you will end up losing more (probably)

I Know the feeling and it's really frustrating if you lose every money that you are holding and I guess that is something we should avoid, the feeling that you have to recover the losses because of your impulsive decisions you must take and you have to think of the possible solution for that is moderation and I guess we should keep it kind he possible consequences if we exceed to our own limits and this is what I usually do I take moderation in playing in Vegas casino in which they allow me to enjoy their various games such as poker, black jack, slots, roulette and many more, as well as their great deal of rewards because of depositing my Bitcoins to them.

[bisdak40]

Self-control is hard in gambling despite of the strategies that you have, this is a biggest challenge for every gambler. Its sad to hear that most of the  gamblers are still playing with a lot of greed most of the time when there's a losing streak.

True, the most difficult part in gambling is self restrain especially when we are winning during the early rounds of play.  We think that we can win again since we have experienced it but gambling is gambling, it is a game of chance. 

That's what usually happens in the gambling, we experience a win at the early rounds so that it gives us confidence that we can get profit again. if you really are looking for profit then save you profit, by quiting for playing that day and gambling again tomorrow

Beginner's luck as they say. It's some sort of a trap for you to engage more in gambling, before you knew it, you are already hooked into it and most of the time broke to realized that you need to get out. Self-control/discipline should be your greatest friend if you are a gambler.

[raven7886]

that's gambling, when we lose and we force play to get our money back, it is the lose streak that we can get. things that have often happened, I've even experienced.

We do makes loses in gambling but that do not mean people are not making profits.  I think the number of people that makes lose are higher than those that makes profits and that is why we are more focusing on losing than profits.

Yes, there are still a lot of people that make much profit in gambling and on the contrary the number of people that make it might even be higher than those loosing. I think most people who make money from gambling never come out to say it, either some are ashamed to admit it or they just don’t want to expose too many people to the game because I know about 2 people that gambled their way out of poverty this year. One of the guys is my good friend.

Money is not easy to get, that is the reason we see many people who loose coming out to complain that gambling is not good, because it really hurts to lose money.

[Vaculin]

Self-control is hard in gambling despite of the strategies that you have, this is a biggest challenge for every gambler. Its sad to hear that most of the  gamblers are still playing with a lot of greed most of the time when there's a losing streak.

True, the most difficult part in gambling is self restrain especially when we are winning during the early rounds of play.  We think that we can win again since we have experienced it but gambling is gambling, it is a game of chance. 

That's what usually happens in the gambling, we experience a win at the early rounds so that it gives us confidence that we can get profit again. if you really are looking for profit then save you profit, by quiting for playing that day and gambling again tomorrow

Beginner's luck as they say. It's some sort of a trap for you to engage more in gambling, before you knew it, you are already hooked into it and most of the time broke to realized that you need to get out. Self-control/discipline should be your greatest friend if you are a gambler.

Yes. You should have your own discipline in gambling because if you let your emotions rule over your mind, then don't expect much profits because probably you'll just end up losing. And when you see yourself losing already, never try chasing your losses because you might only lose more at the end of the day.

[fullhdpixel]

Many people think that gambling is a way to make quick money, but that's not the case. When i started gambling, i was quite happy, as i won a few round and make some quick money, but as the time passed I just lost all my funds.

I am one of those people who strongly believe gambling as a place to make money. If I am not doing it with the aim of making money, why then am I now playing? I am not disputing the fact that the game is interesting and can as well be entertaining, but the goal of playing is always to make money.

Most of you all that always blame people not to see gambling as an avenue to make money are not always been sincerely to yourselves. You incautiously play for money but you are not aware and that is the reason you feel sad whenever you make loses. If you actually play for fun alone, then you wouldn’t feel bad when you lose.

[Capt00]

Most of you all that always blame people not to see gambling as an avenue to make money are not always been sincerely to yourselves. You incautiously play for money but you are not aware and that is the reason you feel sad whenever you make loses. If you actually play for fun alone, then you wouldn’t feel bad when you lose.

That was how you've set your mind not to be addictive in gambling, yes, don't let gambling control's you. You must have the power to control gambling addiction than you so that you can be avoided on it. Chasing lose will be triggered you on addiction, when you have a loss, then, don't mind it and forget that thing better to have fun while gambling than you make it serious and make money instead of enjoyment you've possible earn.

[Supercrypt]

Gambling can indeed, give you a quick profit IF the odds are in your favour.

How can we do that when most gambling games has house edge, and most gamblers play that kind of luck based games.
Odds is never on our favor, its just luck that can give temporary win.

Yes, setting limit is just one of the ways to avoid addiction but the main way to do that is to have self control and discipline. Otherwise,  even with the set limit, there will always be urge to increase betting and with the way most gambling games now have house edge that its odds are never in favor of gamblers, gambler are always tempted to play more pending when luck shines on the.

It will only take a highly disciplined player to know when to quit because naturally with the way the game is, one could play all day, and year hoping to win without knowing that he is on the road to addiction.

[Kiweikoo]

Self-control is hard in gambling despite of the strategies that you have, this is a biggest challenge for every gambler. Its sad to hear that most of the  gamblers are still playing with a lot of greed most of the time when there's a losing streak.

True, the most difficult part in gambling is self restrain especially when we are winning during the early rounds of play.  We think that we can win again since we have experienced it but gambling is gambling, it is a game of chance. 

That's what usually happens in the gambling, we experience a win at the early rounds so that it gives us confidence that we can get profit again. if you really are looking for profit then save you profit, by quiting for playing that day and gambling again tomorrow

Beginner's luck as they say. It's some sort of a trap for you to engage more in gambling, before you knew it, you are already hooked into it and most of the time broke to realized that you need to get out. Self-control/discipline should be your greatest friend if you are a gambler.

The problem with majority of the people around is that they consider gambling purely a mean of making money and this is one of the main reasons why they end up loosing all their money. Someone with good financial condition does not fall or fall rarely a victim of gambling because he plays for joy. In such a case, you do not eat up your brain and rather a bar of chocolate and go happy if you win; go good if you do not.

[roosbit]

Gambling losing streak,

I’m into gambling for about months now, and in my first game I was able to generate profit enough to be happy, I continued for the rest of my 4 weeks of playing, sometimes its breakeven but I know its ok.

Its funny how everyone starts off with a win and ends up trying to recover from a losing streak, sometimes gambling sucks!

My friend invited me to play with him in casino this time, I have enough money to play for so I decided to say yes. Bad luck comes to me this time, at first my loss was about $500, so I know it is still fine and decided to continue, but the moment we stopped I think its too late now since I’ve already loss $3000, a very bad day for me. I’ve lost the money I’ve worked hard for.

Sounds like you also funded your friends play which resulted in double the loss or cost.

This is an eye opener situation for me, and I’ve realized that gambling was slowly eating my brain and my money. Now I’m broke but still kickin, this can be the proof that chasing your losses is not good at all and it should be avoided.

This doesn't just leave you broke, it destroys your life if you keeping chasing your losses and certainly affects your psychological well being.

Have the same experience with me? Don’t hesitate to share and give some thoughts for those who are suffering from sitution like this.  

I haven't had this experience because I avoid casinos where luck isn't on your side..and I know that no matter how good you are the house wins!

[samcrypto]

Most of you all that always blame people not to see gambling as an avenue to make money are not always been sincerely to yourselves. You incautiously play for money but you are not aware and that is the reason you feel sad whenever you make loses. If you actually play for fun alone, then you wouldn’t feel bad when you lose.

That was how you've set your mind not to be addictive in gambling, yes, don't let gambling control's you. You must have the power to control gambling addiction than you so that you can be avoided on it. Chasing lose will be triggered you on addiction, when you have a loss, then, don't mind it and forget that thing better to have fun while gambling than you make it serious and make money instead of enjoyment you've possible earn.

That excitement will become your worst nightmare when you get too much playing time in gambling. That chasing losses is a bad side of ourselves because we always wanted to win and we are not ready to loss even if we have set our goals. It's hard but you have to stand stronger than your emotion, gambling will totally eat you if you give chance to it so don't blame anyone but yourself for not thinking.

[slaman29]

In my own personal opinion, the reason why you are having some lose streaks in gambling is because you don't have any self control in playing that when every time you lose you are becoming greedy in betting that you are thinking on how you would get back all of your losses. Honestly, i also experience losing a huge amount of money in playing in my favorite crypto casino and i didn't win it back. Since that time, i still gamble my profits in crypto casino but i learned how to control and limit myself in betting that even i still experience i lose streak i still manage to get all of my losses. If you will gonna ask my favorite crypto casino has hundreds of famous casino games that a lot of gamblers enjoy it like poker, baccarat, blackjack, roulette, and slots. Try visit and play to this site because they offer great bonuses for new players that you can get 225% on deposits and get up to 1,000 mBTC. Laslty, gambling is not all about taking the risk to gamble and for to become addicted in playing. Gambling is really for entertainment and also a way for you to have easy money by playing.

It's easier said than done. Telling someone who is addicted to have more control just doesn't work. Addiction is a physical thing about chemicals in your brain. If you suffer from addiction, then you need help. Not just counseling but physical distraction. Some people pick up a different addiction just to get away from a harmful one (like coffee or like nicotine).

It's not really about greed. This is a misunderstood problem in society, and guys like you don't help the situation.