FlightyPouch
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October 25, 2020, 10:35:26 AM |
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Playing more is different from chasing your losses and if we compare what is the reason for most of the people to get addicted to gambling is just because of chasing their losses which will eventually never possible to reach the the losses we made unless we are lucky. OP learnt the lesson in right time or else you might lost more in the chasing race.
I think it can be the same, in my opinion. Playing more is just the way of doing it but there are a lot of goals that you want to the reason why you will continue on betting or play more. One of those reasons is to be able to chase your losses, another one is to just keep on entertaining yourself in that matter of time, that is just some and it could also lead to someone's addiction. I'm not really convinced whenever I heard that gambling is a way of entertaining someone, because it is not. Entertainment is about enjoyment, being mad or frustrated is not included, but you always experienced it in gambling therefore that concludes that those people who are saying gambling entertains them is just mere mask to hide their true intent in gambling which is to chase their losses and chase the big profits. And since they are too focused on that, they forgot to take care of their inner selves which is their mental and emotional health. That is good to hear since that means you never have that problem with gambling, which means you are not in that position to be addicted whatsoever. There are a lot of people that enjoy betting money, the reason a lot of people are addicted to it, not just to chase their losses, or to win more but because they are enjoying risking their money. In your view that might sound stupid but that is the reality, there are people like that.
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traderethereum
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October 25, 2020, 10:36:37 AM |
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The chance of getting addicted is always possible to every gamblers who have too much engagements with the game they've played, each time you lose nature inside you wanted to recover everything.
That will put you in the high risk of getting involve that much since you are trying to keep inside the game and recover your loses, forcing you to tap more money inside your bankroll.
Once a person gets addicted to gambling, he will not think about how much money he will spend because he only thinks about playing gambling every day. What inside in his mind is playing gambling repeatedly, and if there are no other people who will warn him, I am sure that he doesn't need too long to see his lives will ruin. But I don't think that if he still plays gambling and loses more money, it will be good to recover his losses because I think he will lose more money without realizing it. It is better to admit that losses and trying to get out of the gambling as soon as possible before it's too late to stop gambling. Gambling is addictive, and that can lead people to become addicting anytime. So if you don't want to become addicted to gambling, you need to apply the limitation you have, including money.
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Fortify
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October 25, 2020, 10:59:52 AM |
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Chasing losses is the most dangerous part of gambling, along with spending more than you can afford to lose. It is so easy to fall into the trap that you'll be able to recover losses, but the maths and learning algorithms that big casino companies use is simply designed to beat customers in the long term. All you end up doing is losing more and it is best to cut your losses to take a break for a while.
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GDragon
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October 25, 2020, 11:14:33 AM |
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Playing more is different from chasing your losses and if we compare what is the reason for most of the people to get addicted to gambling is just because of chasing their losses which will eventually never possible to reach the the losses we made unless we are lucky. OP learnt the lesson in right time or else you might lost more in the chasing race.
When you play to recover your loses ten you are always in a hussy and usually place high bets. This way you can even further lose your money. The best approach is that when you lose a game, stop for sometime and then come back again with a fresh mind and then try to recover your loss. Its not about playing at that time or playing later to recover the money. It’s not the ideal way for gambling. Each game is a new game and just play only for that game and in process of recover not only you lose money but also the chances of getting addicted rises considering you will always want you money back after losing and in gambling making money may not be easy if luck is not on your side. I understand that every game in gambling is a new game but when you have the intention of recover your loss from the pervious game, you will not be able to play freely. I have experienced this myself. When you are playing for loss recovery there is a feeling of anxiety and you will never be able to enjoy the game. This is true but I don't want to deny that I tried to recover my loss too before. There was this time I lost 3 times the money I've been trying to recover. Lesson learned cause I see it as a dumb way to lose more. Whenever I'm gambling, If I lose then I lose. There will be times I'll try to recover the lose but I set only a few bucks for the recovery. If I lose that few bucks then It's time to stop. It works sometimes cause I recover what I lose, but risk is high so not advisable if you are chasing a big amount of money to recover.
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tabas
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October 25, 2020, 11:41:42 AM |
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When you play to recover your loses ten you are always in a hussy and usually place high bets. This way you can even further lose your money. The best approach is that when you lose a game, stop for sometime and then come back again with a fresh mind and then try to recover your loss.
It's a choice to go and full bets for the recovery of your losses. But there will be gamblers that will be careful by that time to avoid continuous losses. Just like the slowly but surely process but by that time, it's for the recovery.
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maydna
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October 26, 2020, 04:32:27 AM |
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This is true but I don't want to deny that I tried to recover my loss too before. There was this time I lost 3 times the money I've been trying to recover. Lesson learned cause I see it as a dumb way to lose more. Whenever I'm gambling, If I lose then I lose. There will be times I'll try to recover the lose but I set only a few bucks for the recovery. If I lose that few bucks then It's time to stop. It works sometimes cause I recover what I lose, but risk is high so not advisable if you are chasing a big amount of money to recover.
I think many of us tried to recover from our loss before, but not many of us can get the money back, and mostly, we are lost more money without a chance to recover. Suppose our reason to play gambling for another round is that we want to recover the losing money. In that case, I think our chance will not be bigger because we already lose money, and we will have more opportunities to lose another money. Yes, the risk becomes bigger because we risk more money to get the lost money. Perhaps, stop playing gambling will be advisable after we get some gambling games losses. The important thing here is we don't try to recover the lost money.
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btc78
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October 26, 2020, 04:51:37 AM |
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It is a common call of Chasing losses in which we do at some time with stupidity,because we have lose enough yet we are willing to lose more just to win back the recent though we already had enough. You are correct this has been happen to majority of us when gambling but what we must learn here is that lesson that we will not do it again. we will gamble with some funds and will never let to lose everything in your pocket.
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bitbollo
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October 26, 2020, 05:20:07 PM |
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best solution to avoid this stupid process (and then lost all!) it's... set a loss limit! With my FIAT bookmaker I had two loss limits. The first is to avoid to deposit more in the same week/month. Another one is related the amount that I can lost in the same week/month. Probably some time we are just trying to bet (to win more) and not focused anymore in what type of betting we are doing. Money management is always an useful instrument ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Natsuu
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October 26, 2020, 05:34:32 PM |
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This is true but I don't want to deny that I tried to recover my loss too before. There was this time I lost 3 times the money I've been trying to recover. Lesson learned cause I see it as a dumb way to lose more. Whenever I'm gambling, If I lose then I lose. There will be times I'll try to recover the lose but I set only a few bucks for the recovery. If I lose that few bucks then It's time to stop. It works sometimes cause I recover what I lose, but risk is high so not advisable if you are chasing a big amount of money to recover.
I think many of us tried to recover from our loss before, but not many of us can get the money back, and mostly, we are lost more money without a chance to recover. Suppose our reason to play gambling for another round is that we want to recover the losing money. In that case, I think our chance will not be bigger because we already lose money, and we will have more opportunities to lose another money. Yes, the risk becomes bigger because we risk more money to get the lost money. Perhaps, stop playing gambling will be advisable after we get some gambling games losses. The important thing here is we don't try to recover the lost money. In addition to this statement, after the lost, as we strive to recover the money back, we have a higher chance of losing, as we are mostly focused on the thinking of "I need to win these, or I don't want to lose", hence losing our focus in the game, and continually lose until we lost 2-4x our bet. Discipline and Limits, is always my answer to these issues. By having limits, I can always stabilize myself to think rationally after the limits goes off. I can think of the reasons why should I continue, How more can I loss, what is the percentage that I can recover my win, and how stabilize am I to continue playing. By giving myself a time to think, I can convince myself to quit, or continue depending on the answers to my questions.
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South Park
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October 26, 2020, 06:19:36 PM |
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Bro I can't even remember how much money I lost on roobet roulette lmao I am getting an earing via their video review last time I was able to win $30 in roobet in a night with my $40 earning, so my balance is $70, I kept it in a day to play again, the next time I was starting very smooth I easily got $20 in less than 5 mins after hitting a gold, my balance is $90 then I fucked up. I played with martingale technique and was just betting to bronze til I got 8 silver straight. My balance was depleted due to my eagerness to recover lol though I wasn't expecting that.
This happens to everyone from time to time especially if you use the martingale strategy after all we think that it is very unlikely you are going to lose 8 times in a row but that happens all the time, at least you were able to take it and not being affected greatly by it, this probably also has to do with the fact that you lost a small amount of money, just try to remember this and make it a lesson for yourself, never try to recover the money you have lost to the casino because that is precisely the moment were your losses will increase dramatically.
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CODE200
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October 26, 2020, 06:38:14 PM |
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Bro I can't even remember how much money I lost on roobet roulette lmao I am getting an earing via their video review last time I was able to win $30 in roobet in a night with my $40 earning, so my balance is $70, I kept it in a day to play again, the next time I was starting very smooth I easily got $20 in less than 5 mins after hitting a gold, my balance is $90 then I fucked up. I played with martingale technique and was just betting to bronze til I got 8 silver straight. My balance was depleted due to my eagerness to recover lol though I wasn't expecting that.
This happens to everyone from time to time especially if you use the martingale strategy after all we think that it is very unlikely you are going to lose 8 times in a row but that happens all the time, at least you were able to take it and not being affected greatly by it, this probably also has to do with the fact that you lost a small amount of money, just try to remember this and make it a lesson for yourself, never try to recover the money you have lost to the casino because that is precisely the moment were your losses will increase dramatically. Not only in a certain strategy but to the nature of gambling itself. A gambler out of frustration will more likely make efforts to cope up with losses by simply forcing a win, betting big amounts not looking to how much the losses became. In gambling, losing is more certain. In cases of gambling addiction, greed and frustrations are more likely to be factors resulting into such. The best thing to do in order to avoid being stucked with big losses is to just set an amount to gamble everytime you would want to play. Wether you win or not, stick with that amount. In this method, you will be playing it safe and this would more likely avoid regrets which could result to desired "avenge" of losses but in reality is falling for more. There are times wherein a gambler would be able to take back his losses by continuing the game but surely, there are more instance that this strategy will more likely bury your losses.
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ReiMomo
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October 26, 2020, 08:01:59 PM |
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That's why we always have a fund that we are ready to lose. Because the more you will chase the more the chance of winning will stay away from you including good luck as an investor or a gamer.
The problem here is people don't have self-satisfaction, they always want more even they know that they already gained profit but once they profit. Greed will lead you to different consequences if you are gambling, you should be thinking twice before you do anything.
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lixer
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October 26, 2020, 08:05:51 PM |
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Chasing losses is the most dangerous part of gambling, along with spending more than you can afford to lose. It is so easy to fall into the trap that you'll be able to recover losses, but the maths and learning algorithms that big casino companies use is simply designed to beat customers in the long term. All you end up doing is losing more and it is best to cut your losses to take a break for a while.
The worst part in chasing loses is that if you are able to recover your loses you will get addicted and start thinking like if you can recover such a big loss so easily then why not play more and even make some profit. While if you lose you will just feel like you need to recover so this is basically an endless chain of events which is not going to stop unless you realize that loses are done and now we need to move forward. That is why people say deposit only what can you happily lose, so that you never feel the urge of chasing your loses at all. Once you start chasing loses the hole becomes a carter in no time and you feel like you are getting into a never ending recovery process.
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Crypto22265
Jr. Member
Offline
Activity: 215
Merit: 5
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October 26, 2020, 08:08:44 PM |
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Even though that's probably the biggest mistake in gambling, almost all of us do it. We keep gambling with the hope of recovering our losses. But the more we gamble the bigger the overall losses and you get to a certain point where this becomes just a pretext to gamble.
I suggest you to treat gambling as a source of entertainment. You take a certain amount of money each month that you can afford to lose and that's your gambling bankroll for the entire month. Now, whether you lose it or increase your balance it shouldn't matter because you lost the money you could afford to and you also enjoyed gambling. Next month you do the same thing, if you have more money available you can increase your bankroll as long as it doesn't affect your overall lifestyle and budget. The important thing is to have a fixed amount of money either every month or every day/week and not spend even a single more cent more than that.
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sulendra12
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October 26, 2020, 09:59:16 PM |
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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](https://bitcointalk.org/Smileys/default/grin.gif) 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. That's what its called rage-gambling. I have seen someone in twitch lost $50 in first run. BUT, the urge of getting your money back and the greediness lead them to death. They lost $120 just for the sake of recovery. That makes me realize that as soon as you lose money on anything, you should move on and try it different day with the amount you can afford to lose. It's not even a joke, small thing like this could affect your life in the future.
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Sirait
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October 26, 2020, 11:19:25 PM |
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1. Set a loss limit and discipline yourself - it would be hard for you to follow your losing limit if you can not discipline yourself.
^If you don't set a limit on how much you lose or win for you to stop, it will be difficult to keep you satisfied while gambling. 2. Take a break - when you think that you keep on losing then it is time for you to take a break.
^sometimes positive thinking is very difficult to do for those who are so burning with greed, they forget the time and only think about having to 'win'. 3. Do not take it personally - I know the feeling of being a loser but that is gambling it is a high-risk way of earning money, we should not take it personally, just accept the fact that it is hard to win in the gamble.
^emotions like this that every gambler should be able to have so that they don't suffer more losses. 4. Leave the casino if you can.
^hehe, it must be difficult to do, especially for those who are very addicted to gambling.
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Kelvinid
Sr. Member
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win lambo...
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October 26, 2020, 11:50:08 PM |
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Chasing losses is the most dangerous part of gambling, along with spending more than you can afford to lose. It is so easy to fall into the trap that you'll be able to recover losses, but the maths and learning algorithms that big casino companies use is simply designed to beat customers in the long term. All you end up doing is losing more and it is best to cut your losses to take a break for a while.
I don't feel it was a trap because, in the first place we know that losing is a part of gambling, and winning will be just our bonus if we are lucky enough. That is the reason why in every time I gamble I'd never think about winning but just asking to have luck this time. because the hardest part of being a gambler is to accept that we lose and we want to recover by making another bet again, incrase our bets which actually never works perfectly. And you are right, we don't need to chase about winning. If we lose, accept it, and better not to complain rather than to enjoy your day.
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maydna
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October 27, 2020, 12:15:49 AM |
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~snip~
In addition to this statement, after the lost, as we strive to recover the money back, we have a higher chance of losing, as we are mostly focused on the thinking of "I need to win these, or I don't want to lose", hence losing our focus in the game, and continually lose until we lost 2-4x our bet. Discipline and Limits, is always my answer to these issues. By having limits, I can always stabilize myself to think rationally after the limits goes off. I can think of the reasons why should I continue, How more can I loss, what is the percentage that I can recover my win, and how stabilize am I to continue playing. By giving myself a time to think, I can convince myself to quit, or continue depending on the answers to my questions. That is why we see many gamblers lose their money after they continue playing for more. They can't accept the condition that they are losing the money. They think that if they are still playing games, they will have more chances to get the money back. But that is what they get if they decide to play for more rounds. Both discipline and limits are two things for the keys besides other factors for every gambler who doesn't want to lose too big money. If you lose from the games, especially if you lose for more rounds, there is no other way for you except stopping playing the games. If you still decide to play for more, you still have two things that you can get, which is won or lose, but the chance to lose will still bigger.
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LogitechMouse
Legendary
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October 27, 2020, 01:26:25 AM |
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Even though that's probably the biggest mistake in gambling, almost all of us do it. We keep gambling with the hope of recovering our losses. But the more we gamble the bigger the overall losses and you get to a certain point where this becomes just a pretext to gamble.
Not for some of the gamblers. Even though there are some gamblers who keep gambling even they suffered losses already, there are some still who knows when to stop and accept their defeat in gambling. They know when to stop if needed. The problem with those undisciplined ones is that they tend to spend more and more money as they are losing money. Yes there is a chance that you can recover your losses but that isn't the situation all the time. I suggest you to treat gambling as a source of entertainment.
I just hope that all of the gamblers treat gambling as a form of entertainment only and not a source of income or the like.
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btc78
Full Member
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October 27, 2020, 01:59:28 AM |
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Even though that's probably the biggest mistake in gambling, almost all of us do it. We keep gambling with the hope of recovering our losses. But the more we gamble the bigger the overall losses and you get to a certain point where this becomes just a pretext to gamble.
Yeah everyone of us did that but it is our obligation to learn and prevent that from happening again,It is best experience for us to accept that chasing losses is the BS way in gambling. I suggest you to treat gambling as a source of entertainment.
That is what it is but many fails on this instead they are seeking for more and more money so ending?they are now either addicted or a loser.
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