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Author Topic: Lost more in the process to recover ?  (Read 2048 times)
s0lidus
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October 21, 2020, 01:12:19 PM
 #21

Trying to recover losses often leads to much more losses.. It sucks people up and they end up chasing losses for months, and maybe years. I made that mistake in the past; focussing to get my stats into positive numbers. At some point I just gave up and accepted my losses. Now I just try to enjoy gambling with money I can afford to lose , and the moment I make a deposit somewhere, I consider it gone, but also set profit limits, which I run with the moment it's reached.

So my advice would be: don't chase losses, consider it gone and just try your luck again next time when you can afford gambling, without thinking of previous losses. On profit: call it a day and run! Wink

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October 21, 2020, 01:16:46 PM
 #22

It might be risky to do that but if you try to be smart maybe a low profit target and repeating again and again until recover your losses would still be great mostly trying this strategy in sports betting not quite sure if it would work on gambling as well.
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October 21, 2020, 01:17:12 PM
 #23

I guess this would have happened with the most of us ain't it ?

The other day I lost a few $ gambling on Roobet. My luck was so bad that day that when I thought of gambling a little more so that I recover the lost funds I lost more than 3 times the amount I lost earlier  Grin Grin Eventually I just quit the game and didn't play it again for 2 days. This is too obvious for any gambler and everyone can relate to this feeling.

What you guys do when such a thing happen with you ?

P.S : I did play the game again after a few days and recovered some of the $. But this time I quit the game while I was in profit.  Tongue

P.P.S : I was conscious while I was trying to recover the lost funds and I tried only till that point where I can't afford to lose anymore. I always keep in mind the amount that I can afford to lose.

Just one of those days! I am sure it happened to all of us at some point of time! We all lost and we all made money out of gambling! So I think it's better to forget about that day and never look back. I wouldn't say recovery isn't possible but it's hard at times! In this process of recovery many people ends up loosing more!

Chill and have a bottle of beer this evening! There's nothing much you can do about it!

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October 21, 2020, 01:33:39 PM
 #24

It is very common.
Always keep a plan in line , if you did loose considerably make sure that you have a back up game or games if you may. Games like :
Crash
Or skill games like : Black Jack
If you have lost a considerable amount you should realize that it's time to switch from those fun games to these ones.

Now why crash ?
- see you can make small bets and withdraw even after 3 seconds , 2 seconds , 1 second , you will still win. Be faster than the Canon , as fast as it goes you have to be alert and just withdraw fast. Keep on doing that for a long time .... See it takes time for sure but it's fool proof , even if you make small bets you will be okay in matter of 30 min-1 hour.

There are many other games like for me it's Crash , you might have a game that you are good at. The one you have some method of winning. Use them !

Plus if the loss is too serious , STOP.
Learn how to STOP.

( I do believe a good gambler is the one who understands when he needs to rest for a while. )
Control your brain , don't let it control you.
Same here bro. Crash is my favorite game and the game which I am good at. If not good at least I can break even at it.
The other game is Dice. The amount I lost was in Dice  Grin but it's okay. I can afford to lose that amount because I believe I can recover that amount in crash.
And yeah knowing when to stop is a skill that every gambler should have. I knew I had to stop at that point so I quit the game and came back after 2 days.

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October 21, 2020, 01:36:40 PM
 #25

I remember it on my first year in gambling I'm really aggressive in playing since it's my first time using cryptocurrency in order to bet. Sports betting, casino and others and most of the time I keep losing and what I do is to change my gambling site and try to recover on it my loss from other exchange but still bad luck is a bad luck. It's not really good to recover some loss fund.
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October 21, 2020, 01:38:19 PM
 #26

I can relate to this feeling, and this kind of decision is good for you. I quit gambling too for a few months because I lost a good amount of bitcoin I have. You're so lucky you recovered some of the $ you lost before. Some gamblers quit gambling because they don't have funds anymore to gamble, or some of them, like me, quit gambling so that they don't lose any more.
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October 21, 2020, 01:48:50 PM
Merited by dunfida (1)
 #27

I remember it on my first year in gambling I'm really aggressive in playing since it's my first time using cryptocurrency in order to bet. Sports betting, casino and others and most of the time I keep losing and what I do is to change my gambling site and try to recover on it my loss from other exchange but still bad luck is a bad luck. It's not really good to recover some loss fund.

The first is the most exciting and yet money wrecking since we will go on the process that we want to earn more money when we win by the time we play and we are so aggressive to bet without even thinking since we enjoy to much I know many experience this and as you said whenever lose streak occurs it's really hard to get what we lose.

But what most important there is we enjoy and learn some new experience.

Fundamentals Of
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October 21, 2020, 02:00:13 PM
 #28

Every gambler of course can relate with this experience. It is very normal for a losing gambler to try to recover the funds lost. In the process, the ending would either be successful which means the funds are recovered or unsuccessful which means the loss has increased instead. This is one of the psychological tendencies of gamblers that is generally in favor of casinos.

This is the reason why you need to bring a limited amount of money when going to the casino. If you bring with you a large amount while promising to spend only a portion of it inside, the tendency is that your set limit will not be followed once you are losing. You still have some money in your wallet. It is going to be a difficult battle against your natural urge to try to play more for the sake of getting back what you've lost.
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October 21, 2020, 02:02:31 PM
 #29

your so cool because despite of the 3times loss your showing that your still happy , you put a grin face smiley  the moment you write it those words .

good thing that you only end up at 3 times lost but did you know that once you reach that point where your earger to recover that's also the time that our badluck will mostly strike and gambling site are taking advantage to us .

Your right it's a common thing that happen to all of us gamblers , me before I tried not just for the third time but I think that was already 5 for a record . good thing that we came to the point that we stop chasing the loss because if not , the more damage we are going to end up
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October 21, 2020, 02:06:15 PM
 #30

I can relate to this feeling, and this kind of decision is good for you. I quit gambling too for a few months because I lost a good amount of bitcoin I have. You're so lucky you recovered some of the $ you lost before. Some gamblers quit gambling because they don't have funds anymore to gamble, or some of them, like me, quit gambling so that they don't lose any more.
actually quitting gambling is not necessary  because the only matter that we need is to control our gambling activities .
Let small amount be our capital when playing and stop seeking for big wins.
gambling is funny and happy to be with but if you miss handle your desire?then that is the bad part of being a gambler.
Play only when you have spare money or Allot amount for each gambling days.









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October 21, 2020, 02:07:37 PM
 #31

I experienced it just now I was playing a while ago in yolodice and lost some amount and stop and tried to take a nap and
I can't sleep thinking that I can still recover that lose since I was thinking that the next games in the dice game would be on my side
and now I lost again try to recover it I think this could be a lesson for me, I think recovering loss Bitcoin is not good idea at all.

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October 21, 2020, 02:08:44 PM
 #32

It really is not a good idea to continue gambling just to recover your loses as we will just end up losing our remaining money if we will not stop especially if we can say that we didn't have any good luck in that day.

As a gambler, it will be wise if we will know how to control ourselves especially in this type of situation so we can lessen our loses and maximize our winnings if we can see that we are very lucky in that day. But for gambling addict, it will be very difficult for them to do but I will be hoping that someday most of the gamblers will know when to stop in order to cut their losses.

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October 21, 2020, 02:25:53 PM
 #33

Your judgment has been clouded by your willingness to get back your lost funds. Sometimes, determination to accomplish something is very risky, and it was shown to you firsthand by losing more money in the process.

Normally I would have called it a day and just get back to being busy on something else. I was at the point wherein losses no longer forces me to do irrational decisions since I only treat gambling as a hobby. But during those days when I still win big $ in the casino, I am just like you, wanting to breakeven 'at the least' without realizing that I'm only losing more.

This is why no attempts to recover lost funds on the casino should be made if you're already pissed. It'll just amplify your hunger and anger to win back what's lost causing you to lose even more.

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October 21, 2020, 02:35:44 PM
 #34

Yes it happens to all of us especially when you're very excited playing and you feel this is your day but things do not go your way
you know that you should be playing more than what you can afford to lose but the urge that time is high that you cannot stop to keep on, it's natural, but should not always happen to you every time you play.

I'm glad that you recovered the funds that you've lost, or it will be disappointing, not all gamblers can recover funds they've lost immediately, it's your lucky day when you recovered it and another great experience for you.



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October 21, 2020, 02:57:38 PM
 #35

I can relate to this feeling, and this kind of decision is good for you. I quit gambling too for a few months because I lost a good amount of bitcoin I have. You're so lucky you recovered some of the $ you lost before. Some gamblers quit gambling because they don't have funds anymore to gamble, or some of them, like me, quit gambling so that they don't lose any more.
actually quitting gambling is not necessary  because the only matter that we need is to control our gambling activities .
Let small amount be our capital when playing and stop seeking for big wins.
gambling is funny and happy to be with but if you miss handle your desire?then that is the bad part of being a gambler.
Play only when you have spare money or Allot amount for each gambling days.
I agree if you can control your gambling activities. I tried to control myself, still can't control it, especially when I'm losing too many streaks. I expect in the next roll that I would win, but the result is not always the same. This is the main reason I lose many funds in gambling. That's why I prefer quitting gambling for a few months. But if you prefer to continue gambling and handle or control yourself, it's good for you.
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October 21, 2020, 03:05:24 PM
 #36

I remember it on my first year in gambling I'm really aggressive in playing since it's my first time using cryptocurrency in order to bet. Sports betting, casino and others and most of the time I keep losing and what I do is to change my gambling site and try to recover on it my loss from other exchange but still bad luck is a bad luck. It's not really good to recover some loss fund.

The first is the most exciting and yet money wrecking since we will go on the process that we want to earn more money when we win by the time we play and we are so aggressive to bet without even thinking since we enjoy to much I know many experience this and as you said whenever lose streak occurs it's really hard to get what we lose.

But what most important there is we enjoy and learn some new experience.

It is consider as lucky enough if ever in your first attempt in gambling you did it. For me, gambling was unpredictable and you can't tell whether in any attempts you are in you're going to have a probability of lose in each attempt. Gambling will only be exciting if ever you're lucky enough to win the game and i believe once you win a gambling ones you will be attracted to play another game again and until you have that gut feeling of yours that you're going to win, i bet this wouldn't stop one person who are gambling attracted until they experience lost.

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October 21, 2020, 03:40:11 PM
 #37

I guess this would have happened with the most of us ain't it ?

The other day I lost a few $ gambling on Roobet. My luck was so bad that day that when I thought of gambling a little more so that I recover the lost funds I lost more than 3 times the amount I lost earlier  Grin Grin Eventually I just quit the game and didn't play it again for 2 days. This is too obvious for any gambler and everyone can relate to this feeling.

What you guys do when such a thing happen with you ?

P.S : I did play the game again after a few days and recovered some of the $. But this time I quit the game while I was in profit.  Tongue

P.P.S : I was conscious while I was trying to recover the lost funds and I tried only till that point where I can't afford to lose anymore. I always keep in mind the amount that I can afford to lose.

What you've done is too risky I experienced that many times and I lose half of my savings this is the reason why I exercise control over my gambling, you cannot win if you keep on trying to get back your losses, the hardest thing is to chase your losses you must take it as it is and on every game forget your past losses.
BChydro
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October 21, 2020, 03:40:56 PM
 #38

P.S : I did play the game again after a few days and recovered some of the $. But this time I quit the game while I was in profit.  Tongue

P.P.S : I was conscious while I was trying to recover the lost funds and I tried only till that point where I can't afford to lose anymore. I always keep in mind the amount that I can afford to lose.
As you mentioned this is an experience anyone who gambled will have in their story. When the cryptocurrency gambling sites started to emerge 5 years ago i too spend my time in the space and the confidence booster in the recover process stems from the fact that you were able to rake in a huge profit during the initial phase and when you end up loosing you will have the confidence to recover everything  Cheesy.

I have busted and recovered in the past and with a dozen experiences i came to a realization that you cannot chase the loss and now i will never chase any of my loss, if i am having a good time i will reap the profit and most of the time i spend my time in sports book.
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October 21, 2020, 04:26:35 PM
 #39

You are lucky that you recover your losses because it seldom happens that gamblers recover his losses when he comes back, it's not recommended to gamble beyond your means, we have read and heard a lot of stories about gamblers losing everything because of trying to chase his losses, the more you try the harder it gets.

BACK FROM A LONG VACATION
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October 21, 2020, 04:38:25 PM
 #40

Lol,,,
It's a common experience amongst most gamblers @OP. The need to recover is one of the feeling most gamblers need to kill. It's the greed master minded and a grave move. Like OP rightly said, OP lost more than three times the amount OP had lost before and for this to be a regular experience or theory it it could be regarded as a fact and very few circumstances are these facts disputed.
The need to recover and probably not play again as most persons mindset would always have it but in reality, even if you manage to recover, your still far from stopping for the day. Loosing could be really painful and as such the need to recover isn't far behind but, you only tend to loose more so, once you've lost to a extent that your motive runs from making profit on stakes to recoverying what you've lost, that's the time to stop. Don't go any further, that's greed at play.
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