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Author Topic: if you want to win big...accept defeat  (Read 6438 times)
deisik
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August 21, 2019, 01:35:52 AM
 #201

Truth to be told, people don't necessarily lose everything with chasing their losses. In some cases they recover what was lost, and in extremely rare cases they even win more than that which was lost previously

I guess this is called selection bias

The whole lottery business revolves around this thing. People start buying the lottery tickets when they see that someone wins big time as the lottery organizers make a pretty damn good show out of it, with the indirect but strong and persistent emphasis on "you can win too". Obviously, only few win, but you can't sell back your now useless ticket, so who cares about you when the show must go on?

Right, but it's not that tragic if you paid just $2 for that ticket. I think over 95% of those who participate in lotteries accept their defeat beforehand, so losing is not the end of the world for them. As for the rest 5% who buy as many tickets as they can in order to increase their chances of winning, that's very unfortunate. It seems that they fail to understand that if you buy 1,000 tickets for a lottery with 1 : 300,000,000 odds of winning a jackpot, you spend a lot of money but the probability of winning a big prize remains close to zero

I don't buy lottery tickets myself

So I don't really know and thus can't say anything about how it feels not winning, but for some it definitely feels way more dramatic, if not to say tragic, than just giving someone 2 dollars or losing as much. Well, that's how it would be for me personally (and that's likely the primary reason why I don't buy lottery tickets, huh)

People may accept their defeat beforehand, consciously, but they still hope to win deep down inside since otherwise, why would they ever want to buy a lottery ticket in the first place? So I suspect when the time comes and the odds turn against you, it may feel bitter like being a failure (not a good thing). But it probably works as a kind of selection

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August 21, 2019, 02:53:40 AM
 #202

It is very important to accept defeat when the game did not go your way. The season why some fake recovery services thrives so much is because some gamblers always fail to accept defeats. It is important to seek for help whenever you think you are going beyond your limit. Do not play with what you can not afford to loose. Gambling should be a form entertainment, not means of making wealth.

For some new gamblers, it is hard to accept defeat because they feel that they can win the games but the reality, they can't. With the accept defeat, we can take a break for a while, and we can use another strategy to be used in the next round. But still, that will not guarantee us to win the games because, in gambling, it is tough to win. Besides that, I don't think that if we can accept defeat that will give us a chance to win big because as long as we don't have luck, we will not win the games.

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August 21, 2019, 03:29:37 AM
 #203

The biggest problem with a lot of gamblers is that they get emotional. Once they lose, they are always thinking they need to bet more to recover their losses. Accepting defeat is easier said than done to many gamblers. More than accepting defeat, they are thinking of recovery. However, their emotion is still a problem even if they are winning. Because they can easily become greedy and desire for more win rather than accept satisfaction. Defeat will eventually come to these kinds of gamblers.
Gamblers who don't have any control with this type of emotion can't afford to accept defeat, they will rather try pushing it more as long they still have something inside their bankroll, they will only realized that it's already damaging them once  everything already been burned, the only thing that will comes up to their minds is regretting not to slow down and allow bad things to happened.

Absolutely! That is always the pattern. When emotions get the best of a gambler, he will definitely go home penniless. Regrets arrive in the end but it will be worthless anymore. Lessons should be learned. Otherwise, the following day, the emotional gambler will do everything to make money and come back once more to recover his loss. If luck remains elusive, history will repeat very quickly and, again, he will go home without anything in his pocket.   
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August 21, 2019, 04:23:55 AM
 #204

I disagree.

If you want to win big, quit gambling lmao.

You always lose in gambling. Always. Just always.

If it's not loss of money, it's loss if health and huge huge time.

You get hooked and you return to gamble again with whatever you have. You never get out of it until you want to "consciously".

You think, one day will come when you will win a million dollars and won't gamble ever again because you don't need to. But I'll bet my life, you will gamble again to make that million into billion and it will continue till you bust.

Quit it before it's too late as life is too short and the worst thing you can do is to waste it away.
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August 21, 2019, 11:24:51 PM
 #205

Accepting the defeat is not easy especially if you lose too much of your money, hence you'll try playing again to recover it back and that's what really happening in reality.

If you win then stop already and dont ever try to play again just because you're thinking that you might be lucky the next game, it wont be the same.

Stop after winning and dont chase your losses.



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August 21, 2019, 11:59:48 PM
 #206

hello gamblers
many players are complaining about the way they always get busted, they keep playing in the same way and they are doing nothing but making their loss bigger. the point here is not about greed or being greedy, its all about the right time to stop which is very hard since no one can predict the next move in gambling. many players make good profits but they keep playing instead of stoping, and it always leads to one result,,,bust. how ? once they make good profits and starts to lose they refuse to accept the defeat and keep playing to recover, and it ends up losing all they have, the case here is not about greed, but about accepting defead. once you accept the loss and say ( its enough losing ) you can take what left from your profit, do it over and over and you will make a good profit.
if you want to be successful in gambling accept the defeat first, and the game is all yours.
best of luck rolling

if the losses we experience continue automatically we have felt a great loss because it has spent a lot of capital that has been spent. I think it's not right if we want to win big must accept defeat first because not always gamblers have to spend big capital first to be able to get a win

That defeat should make you strong and give you determinations to face challenges in gambling even if you fail. Acceptance will definitely give you a courage in order to become more responsible with your money next time, without risking it for uncertain game bets.
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August 22, 2019, 07:42:36 AM
 #207

The biggest problem with a lot of gamblers is that they get emotional. Once they lose, they are always thinking they need to bet more to recover their losses. Accepting defeat is easier said than done to many gamblers. More than accepting defeat, they are thinking of recovery. However, their emotion is still a problem even if they are winning. Because they can easily become greedy and desire for more win rather than accept satisfaction. Defeat will eventually come to these kinds of gamblers.
Gamblers who don't have any control with this type of emotion can't afford to accept defeat, they will rather try pushing it more as long they still have something inside their bankroll, they will only realized that it's already damaging them once  everything already been burned, the only thing that will comes up to their minds is regretting not to slow down and allow bad things to happened.
I think it is not good to make miner lose as your matte of ego in gambling people lose and win but no lose if final lose and no profit is last one so be normal and if you lose anything try to learn from your mistakes and next time avoid being stupid accept your lose and again gamble with new mind and new Will power.
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August 23, 2019, 01:33:34 AM
 #208

Setting a limit and knowing when to quit are essential. Chasing losses, not setting spending limits and trying to generate an income by gambling will only financially ruin a person.

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August 23, 2019, 01:37:21 PM
 #209

Honestly i dont regret or make something big out of it. Play one two tickets on football every month with some small wager of few euros, and if it comes good if not good again. How with all leagues starting it will be interesting to play, never play national and skip all games in CL and EL. Place also few euros on possible winner for both, and that it. I dont live from it and dont make big mess out of it just play for fun.
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August 23, 2019, 04:23:31 PM
 #210

Setting a limit and knowing when to quit are essential. Chasing losses, not setting spending limits and trying to generate an income by gambling will only financially ruin a person.
Always needs to be in optimistic ways of thinking whenever you play so win or lose you can move forward and start all over again, if you are caring about the chances that you can have from this venue of entertainment or if you are eyeing to win against the house then move on from each loses that you make one of this days you'll find success and you will be able to maximize everything.
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August 24, 2019, 09:51:13 AM
 #211

~
I don't buy lottery tickets myself

So I don't really know and thus can't say anything about how it feels not winning, but for some it definitely feels way more dramatic, if not to say tragic, than just giving someone 2 dollars or losing as much. Well, that's how it would be for me personally (and that's likely the primary reason why I don't buy lottery tickets, huh)

People may accept their defeat beforehand, consciously, but they still hope to win deep down inside since otherwise, why would they ever want to buy a lottery ticket in the first place? So I suspect when the time comes and the odds turn against you, it may feel bitter like being a failure (not a good thing). But it probably works as a kind of selection

As someone who buys lottery tickets from time to time, I can tell you that there is no such feeling after seeing that I haven't won, since I spend only $1 on that ticket. I rarely buy more than one ticket, and maybe that's why it's easy for me to accept the defeat beforehand. Seriously, I forget about the negative outcome in a minute.

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August 24, 2019, 08:42:20 PM
 #212

Setting a limit and knowing when to quit are essential. Chasing losses, not setting spending limits and trying to generate an income by gambling will only financially ruin a person.
Yes if you Will limit your money in gambling so there Will be no lose but almost all profit and the best thing about gambling is that you Will not get discourages with small lose but you Will be able to admit this fault and gamble once again to have huge profit. Be confident to face all kind of situations in gambling.
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