If You Win Big Will You Remember Your Losses

[coin-investor]

I have a friend who wins 15,000 pesos or $300 the first time keno games in an offline betting outlet, he is so happy and very ecstatic about his winnings, I congratulate him and ask him how long before he hit the jackpot, he told me that it took him 7 months and he is betting daily at 100  pesos or $3 so his losses are bigger than winnings.

But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?

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[hosseinimr93]

For most of the gamblers, the order of their win and their loss is the opposite. Gamblers win small amount of money, then they think as they continue to gamble they will become more professional and will earn bigger profits.
Personally the first time I lost a big money on gambling, I remembered my wins and wished I had withdrawn my profits.
Gambling is different from other businesses. In most businesses, first you lose money, then you earn money after you become experienced. But gambling is different. More people gamble, more they lose. Because every thing is based on luck and the outcome does not depend on your skills.

[The Cryptovator]

Its normal thing that someone will feel happy when he will win on gambling. For few moments he might forget about his previous loss. But it doesn't mean someone will forget his loss forever. Although I am not big winner on gambling but I think I will happy as well for few moments and I will try to recover my previous losses. And same thing I am feeling during trading also. So your friend win after a long time that's the reason why he feel too much happy after win.

[Tipstar]

I have a friend who wins 15,000 pesos or $300 the first time keno games in an offline betting outlet, he is so happy and very ecstatic about his winnings, I congratulate him and ask him how long before he hit the jackpot, he told me that it took him 7 months and he is betting daily at 100  pesos or $3 so his losses are bigger than winnings.

But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?

Gambling is emotions. You tend to gamble more when you lose more.
And I personally remember my loss more than my wins. I do keep records of my wins and loss but could confirm that it's always the loss that's greater in every short of gambling. Though I have profit in some specific sites or specific games.

[acroman08]

I have a friend who wins 15,000 pesos or $300 the first time keno games in an offline betting outlet, he is so happy and very ecstatic about his winnings, I congratulate him and ask him how long before he hit the jackpot, he told me that it took him 7 months and he is betting daily at 100  pesos or $3 so his losses are bigger than winnings.

But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?

most people that play keno games aim for the jackpot and winning that 15kPhp is just a bonus for him. he is probably thinking that, at least I got back some of the money I gambled.

This is like not learning the odds of the game. $300 is not even BIG.  This kind of gambler though don't take his habit as a way to earn money I guess but just to entertain himself. He might even buy you dinner and booze from that $300 he got after congratulating. He will remember his losses but wouldn't mind.

300$ or 15kPhp is a huge amount in the Philippines that 300$ can last for 3 months.

[romero121]

Always win makes us forget what we've lost to get this. From my view I always keep a calculation between what I've lost and what I've won, I feel happy when my winning has overcome the loss I've experienced. In simple when I get at least a single dollar worth bitcoin than what I have spend I feel myself more happy. Until then even if it is a big jackpot it won't make me feel good personally.

[iamsheikhadil]

I don't remember my losses. You can't calculate your total loss as it will add up with every lost bet. You can just predict a net profit or net loss. Since I have distributed my games in many casinos and activities, I don't have a clue if am in net profit or loss. But in the immediate hand, it's surely a bit of loss and yeah, when I win big, I forget about past losses, and wager more to win more not thinking that I may go back where I was, that's how gambling works

[bitmover]

I am exactly the opposite, as I believe most people are.
I remember mostly my losses, because they were traumatic. When I win, inside I feel like I am just doing what was expected...

[TravelMug]

But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?

For a gambler, it's definitely worth it to get a feel of winnings. After all he spent months and months just to hit the one lucky number and for most of them that is already enough. However, you have a point that in the long run and if you are going to sum it all, that is still a negative to them.

I guess that is a gamblers mindset, they don't calculate how much money they have spend or lost. As long as they got the adrenaline and the feeling good attitude, they will continue to play again and again.

[hahay]

Absolutely not, because if I continue to count losses then it will only be a pressure that will not be good if we still continue to bet, because to chase losses for me it will be difficult so just keep betting without calculating losses and completely I will forget about losses, even though at one time I had small and big wins, but still I would not count losses.

[AmoreJaz]

I am exactly the opposite, as I believe most people are.
I remember mostly my losses, because they were traumatic. When I win, inside I feel like I am just doing what was expected...

why traumatic? was it because you lost huge amount of money? because it would only be traumatic if you are not ready to lose that amount money and poofff! its gone!
seems that you are not enjoying the fun side of gambling if you feel that you need to get the money back after your losses..

But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?

For a gambler, it's definitely worth it to get a feel of winnings. After all he spent months and months just to hit the one lucky number and for most of them that is already enough. However, you have a point that in the long run and if you are going to sum it all, that is still a negative to them.

I guess that is a gamblers mindset, they don't calculate how much money they have spend or lost. As long as they got the adrenaline and the feeling good attitude, they will continue to play again and again.

one win over countless losses has really good psychological effect to a gambler sometimes. you feel good about yourself that after all this time, you got your spotlight! and you dont care anymore about your past losses. and definitely yes! this is the reason why most gamblers keep on playing. the adrenaline rush involved!

[rdluffy]

It's interesting, because I know some people who are "almost" addicted to gambling, and they bet for months on the same machines, usually placed in pubs, and it's exaclty like you said, they win sometimes and they completely forgot about the losses
And one more thing, this money will be used to place some higher bets, and they will lose everything again 

[boyptc]

It's his choice not to count his losses but for me, I use to count my losses. So that whenever I feel it's too much, I stop because I have my limit.

I think that's a feeling that other gamblers do, they don't care about their losses but it will make them feel that their win isn't worth it because they are oblige to calculate their losses against their wins.

[Question123]

I remember my losses even Im not win to the gambling and I been calculated my total losses to my total winning amount of money that I win gambling in the last few months only but if the the losses is in the past years ago I did not calculated it only this year.  But now for this year my total winning is bigger than my losing and Im thankful for that I hope it will still happen.

[Oceat]

Of course, since most of us suffered from losses and that doesn't mean if you win big those losses were gonna get back or something. It's just that you were so unlucky before compared to when you won today. Your friend still remembers that since he said that he's betting it for 7 months with $3 i don't know if it is everyday(i hope not) or often in a week then you do the math. That is hilariously bigger than what he won!

[samcrypto]

Somehow not knowing your losses is a bad idea but of course, we play to have fun and not to chase our losses so maybe your friend is just playing like this and when he won he would be more happy. I know that game and that game is really a game of luck, its ok to lose as long as you’re aware of that and have the best gambling decision.

[nakamura12]

After winning big of course I still remember my losses that will help me remember to stop if I did recover my losses and stop playing at this time if I feel i'm not lucky at this time. It's what I do if I lose many times then i'll stop risking my remaining money and start on the next day especially if I won big that able to recover my losses.

[milewilda]

But surprisingly he did not calculate his losses all he cares about is he finally wins, how about you do you remember your losses when you win a big amount and do you calculate your losses and ask if the winning is worth it?

Yes, when i do won some amounts on gambling i do normally think if its worth it but in all games that i have been through i do end up on not to care at all if im just being able to hit break even or still on loss.We cant deny that  if we won,those stressful things we experience in losing bet would be wiped out and we do continue our betting hoping for another win and this is indeed the sad reality where the cycle continues and this is the reason why this gambling industry is booming up.

[BitcoinHunt3r]

I am not too deep in bet. And not really much to play gambling games. Usually i count how much already i losses and if win maybe i remember it. Only remember it but never count how much i win if compared with my losses. I think when win in gambling, you deserve to be happy and that is essence of gambling itself. If lose make us stressful, and when win we still think about our losses, it wouldn't make us happy.

[coin-investor]

I am not too deep in bet. And not really much to play gambling games. Usually i count how much already i losses and if win maybe i remember it. Only remember it but never count how much i win if compared with my losses. I think when win in gambling, you deserve to be happy and that is essence of gambling itself. If lose make us stressful, and when win we still think about our losses, it wouldn't make us happy.

That's really is the essence of gambling, to make you happy and enjoy your winnings, you don't have to remember your losses, or you will feel bad that you win, and there will be remorse every time you win, and that should not be the case, in my case I never really play to make a profit but just to entertainment myself.

You should really not remember your past losses, but the fun and the excitement that it brought you while playing the game whether you win or lose.