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Author Topic: Lost more in the process to recover ?  (Read 2048 times)
Noctis Connor
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November 18, 2020, 08:23:07 AM
 #361

It is really common to see many people losing more money while trying to recover. I had some periods like that too. I learned something from it. The most important thing is not being greedy. When you lose the control, greed can cause you make stupid bets and lose much more money. You should always keep that in mind when betting.
Yes but it is needed to rest for awhile, for me do not play until you are not yet recover I mean when you are still regretting that you have so much losses i think you should stop that and start to think and to move forward because as much as you think about it you will only get so much possibility to lose, so do not play and lost more.

Clear your minds so you'll think properly, why are we surprise of losing when that is normal in gambling?

If we have that kind of mentality all the time, then I would say we will be having some problem in the long run because we don't know how to manage our emotion, hence our bankroll management will be affected and most likely regrets will come in the end.
Well you can't blame people if the had mentality when it comes on gambling, It is normal to lose gambling however why you need to lose when you can win that easily and after made up some profit then you should stop and then try your luck another time, If your eagerness to push more further into more profit that's your emotion will be affected because your setting a goal into more profit and then regret in the because you lose it all.
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November 18, 2020, 08:39:59 AM
 #362

Losing money makes gambling worse gambling depends on luck but it requires a lot of knowledge and experience it is very dangerous for gamblers if they do not know the techniques of gambling therefore if the chances of losing are high it is better to stop gambling. You do not want to be frustrated if you cannot get the right pitch so invest in a good capo. Next we have to correct the mistake and move forward most lucky gamblers have achieved success in this way.
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November 19, 2020, 11:17:01 PM
 #363

Those gamblers who borrows money are desperate but it's not a good move. Lose your money but don't lose others money even if you have borrowed it.
Several times I've read gamblers who have done that and lost a lot instead of recovery.

Losing other money is the worst thing one does it. This give rise to more stress as now you have to replay back and if not, it hampers the relationship between the two be it your friends or family members from whom you have borrowed money.
Those things are really going to happen if one can't pay back the money that has been borrowed for gambling.
The reason why many goes broke is they can't contain the mental stress and it causes them to do some other things that are worse than losing money.

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November 19, 2020, 11:47:37 PM
 #364


Most common scenario is that those gamblers will experience even more losses and would really be drown into deep debt.Its not really ideal to take a loan
to someone just because you are planning to take those losses back or trying to break even because you will definitely worsen up the situation even more.

Taking money on a loan in order to win back a gambling game is an extremely stupid act. Person need to learn to accept your loss. If he failed to win immediately, the chances of winning back are not high. Those people who are trying to win back with the loaned money you need treatment for addiction to gambling. For this treatment, a person can take a loan.
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November 20, 2020, 12:43:50 AM
 #365


Most common scenario is that those gamblers will experience even more losses and would really be drown into deep debt.Its not really ideal to take a loan
to someone just because you are planning to take those losses back or trying to break even because you will definitely worsen up the situation even more.

Taking money on a loan in order to win back a gambling game is an extremely stupid act. Person need to learn to accept your loss. If he failed to win immediately, the chances of winning back are not high. Those people who are trying to win back with the loaned money you need treatment for addiction to gambling. For this treatment, a person can take a loan.
If you do that for sure you will incur more losses, taking a loan as capital in gambling is the most not preferable way because it is a borrowed money and there is pressure and psychological effect to it. My advise to other gamblers to just put money in gambling that they are afford to lose where they own the money and not borrowed from family, banks or friends. How can you repay the money that you borrowed if you do not have good performance in gambling? the best way to recover your past losses is by resting first wherein you will remove all of your emotional attachment in your past gamble and past performance after that improve your skills in areas that you are lacking then you can comeback playing and betting again.
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November 20, 2020, 01:45:19 AM
 #366

It is what it is but we cannot remove the fact that there are lucky gamblers. They gamble as if they want to win and luckily winning the jackpots.
In that case, they have recovered and won money too.

If they win it then lucky, they are else those who have lost in recovery will think back later why did they gambled again. Its worse for those who had borrowed money in a thought will win and lost it again will now may not have money to pay back too. So its luck which may help you to win or lose in the end for some games.
Those gamblers who borrows money are desperate but it's not a good move. Lose your money but don't lose others money even if you have borrowed it.
Several times I've read gamblers who have done that and lost a lot instead of recovery.
Unfortunately, there are many desperate gamblers in the world. So desperate that they will borrow money fro other people. So desperate that they will commit crimes just to have money to gamble.

Well, when a gambler did it for the first time and loss their money more chances are there will be a time that they will realize what they did and stop because being desperate in gambling most of the time ending up being a bust.

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November 20, 2020, 05:21:08 PM
 #367

Taking money on a loan in order to win back a gambling game is an extremely stupid act. Person need to learn to accept your loss. If he failed to win immediately, the chances of winning back are not high. Those people who are trying to win back with the loaned money you need treatment for addiction to gambling. For this treatment, a person can take a loan.
If you do that for sure you will incur more losses, taking a loan as capital in gambling is the most not preferable way because it is a borrowed money and there is pressure and psychological effect to it. My advise to other gamblers to just put money in gambling that they are afford to lose where they own the money and not borrowed from family, banks or friends. How can you repay the money that you borrowed if you do not have good performance in gambling? the best way to recover your past losses is by resting first wherein you will remove all of your emotional attachment in your past gamble and past performance after that improve your skills in areas that you are lacking then you can comeback playing and betting again.


I said the same thing. You can take a loan for something that is guaranteed to bring you a profit with which you can pay off the loan. For example, business expansion. But taking a loan to try your luck is extremely stupid and usually ends up with a person who will owe much more money.
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November 20, 2020, 05:43:03 PM
 #368

Taking money on a loan in order to win back a gambling game is an extremely stupid act. Person need to learn to accept your loss. If he failed to win immediately, the chances of winning back are not high. Those people who are trying to win back with the loaned money you need treatment for addiction to gambling. For this treatment, a person can take a loan.
If you do that for sure you will incur more losses, taking a loan as capital in gambling is the most not preferable way because it is a borrowed money and there is pressure and psychological effect to it. My advise to other gamblers to just put money in gambling that they are afford to lose where they own the money and not borrowed from family, banks or friends. How can you repay the money that you borrowed if you do not have good performance in gambling? the best way to recover your past losses is by resting first wherein you will remove all of your emotional attachment in your past gamble and past performance after that improve your skills in areas that you are lacking then you can comeback playing and betting again.


I said the same thing. You can take a loan for something that is guaranteed to bring you a profit with which you can pay off the loan. For example, business expansion. But taking a loan to try your luck is extremely stupid and usually ends up with a person who will owe much more money.
It's sad that people can't understand the math behind games and they can't understand how RNG and provably fair system works. They think that on every new bet, the probability of win increases but the truth is that on every bet, their chance stays the same. They can't or just don't want to understand that and then blame casinos for their losses while casino directly tells them this information + as a bonus tells them to not lose more than they can't afford. It's bad when they take a loan for that purposes, loan can't pay the loan, it needs hard work and patience, not gambling.

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November 20, 2020, 05:54:13 PM
 #369


I said the same thing. You can take a loan for something that is guaranteed to bring you a profit with which you can pay off the loan. For example, business expansion. But taking a loan to try your luck is extremely stupid and usually ends up with a person who will owe much more money.
It's sad that people can't understand the math behind games and they can't understand how RNG and provably fair system works. They think that on every new bet, the probability of win increases but the truth is that on every bet, their chance stays the same. They can't or just don't want to understand that and then blame casinos for their losses while casino directly tells them this information + as a bonus tells them to not lose more than they can't afford. It's bad when they take a loan for that purposes, loan can't pay the loan, it needs hard work and patience, not gambling.

I still think that the main reason why people do this is their poverty and the casino becomes their only place to earn money. It is necessary that people have wealth, then they will not take a loan to earn money on it in the casino. Of course, in any case, there will be people who are ill with ludomania, but they can be sent for treatment.
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November 20, 2020, 06:41:50 PM
 #370

i've seen again this topic. i think this is really a sign that i should stop chasing my losses i lose again yesterday and tried to chase it by being aggressive on betting but still lose again, maybe i really should stop chasing my losses and accept it.
Gamblers find it difficult to accept the losses. And they always come back to recover their money until they have nothing to loss. You are not alone, I have suffered a lot for this habit too. Limit your gambling habit, it worked for me. We choose the aggressive and rage betting cause sometime it helps us to recover our losses. It's hard to get out from this mentality. See this article, it may help you a little How To Avoid Chasing Losses?

R


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November 20, 2020, 06:47:02 PM
 #371

It is what it is but we cannot remove the fact that there are lucky gamblers. They gamble as if they want to win and luckily winning the jackpots.
In that case, they have recovered and won money too.

If they win it then lucky, they are else those who have lost in recovery will think back later why did they gambled again. Its worse for those who had borrowed money in a thought will win and lost it again will now may not have money to pay back too. So its luck which may help you to win or lose in the end for some games.
Those gamblers who borrows money are desperate but it's not a good move. Lose your money but don't lose others money even if you have borrowed it.
Several times I've read gamblers who have done that and lost a lot instead of recovery.
Unfortunately, there are many desperate gamblers in the world. So desperate that they will borrow money fro other people. So desperate that they will commit crimes just to have money to gamble.

Well, when a gambler did it for the first time and loss their money more chances are there will be a time that they will realize what they did and stop because being desperate in gambling most of the time ending up being a bust.
They do stop but its already too late yet the damage had been done already and thats the hardest part on where you do realize your mistake when its too late
but doesnt mean that you cant changed up but be sure that you would really be stopping for good and dont chase up losses because once you do made such
act then you would really have even more deeper problems which cant really be resolved so easily once its been done.
Play on your hearts content for the sake of entertainment and dont let your greed control you.

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November 20, 2020, 06:50:27 PM
 #372

...the best thing to do when this things happen is to pack up stop and enjoy your winnings.

This is the problem to most of gamblers I know. They are thinking that it is their win, that they should stop and go home. I agree that they should stop but that is not their win, they are just taking back their losses. They took back the money they lost, how is that a win? You win bets maybe, but the money? It is not a win.
Most people always thought about this as their winnings becasue they gambled yesterday and run at loss while today they're at win. That's not a winning in the actual sense which you have already spotted out, they just try get back their loss and not their winnings actually. Well, that can also be a good one if follow with self-control after such winnings, But many gamblers don't operate as such, they rather continue with their gambling for more winnings which might lead them into coax.  

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November 20, 2020, 07:02:37 PM
 #373

Those gamblers who borrows money are desperate but it's not a good move. Lose your money but don't lose others money even if you have borrowed it.
Several times I've read gamblers who have done that and lost a lot instead of recovery.

Losing other money is the worst thing one does it. This give rise to more stress as now you have to replay back and if not, it hampers the relationship between the two be it your friends or family members from whom you have borrowed money.
Those things are really going to happen if one can't pay back the money that has been borrowed for gambling.
The reason why many goes broke is they can't contain the mental stress and it causes them to do some other things that are worse than losing money.

Mental stress kills, if the balance inside your brain alredy been damage due to heavy addictions.
Most of the  gamblers aimed to win whenever they've played, the more they'll lose the more they
are eager to recover, without proper control gamblers can do unexpected things linke borrowing
money or sell something just to playback, the process will continue up to the point that there's nothing left.
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November 20, 2020, 10:19:11 PM
 #374

Those things are really going to happen if one can't pay back the money that has been borrowed for gambling.
The reason why many goes broke is they can't contain the mental stress and it causes them to do some other things that are worse than losing money.

Mental stress kills, if the balance inside your brain alredy been damage due to heavy addictions.
Most of the  gamblers aimed to win whenever they've played, the more they'll lose the more they
are eager to recover, without proper control gamblers can do unexpected things linke borrowing
money or sell something just to playback, the process will continue up to the point that there's nothing left.
It causes one to end himself.
That is the main reason why a gambler must also set a rule for himself that he will never borrow money from others to gamble. Emotion is difficult to beat when the gambler himself doesn't have a strong will.

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November 20, 2020, 11:49:30 PM
Last edit: November 21, 2020, 09:55:13 AM by STT
 #375

Never borrow to gamble, look as bets as entertainment a game hobby with a bonus.   You shouldn't borrow to drink either or anything else you enjoy but doesn't regularly return a profit, most of us dont make money this way just try to have some fun and maybe get a win.
Quote
and didn't play it again for 2 days.

Give yourself a regular daily allowance to bet with and you should do far better overall within that self discipline.   So yea don't chase bad luck with even greater attempts, just return with next days regular amount to get back your losses.   I get what you mean about the averages coming back to favor you with a win but if you have a plan of only spending so much its also useful to stop a pointless chase.   Go into battle with a plan and you will fair far better Smiley

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November 21, 2020, 12:58:01 AM
 #376

Today I gambled for the first time in ages.

I started wining like the 20%, then lost 90% Shocked

I deposited more and won, almost recovering the loss. Then lost like a 20% again.

Quitted after that, so overall with a little loss. I don't think I will gamble in a very long time again. I have the hunch that if I kept betting I would have lost everything. So in my case, I thankfully recovered a decent amount, and didn't lose more in the process. I take it as a cheap lesson that has taught me that I don't like gambling: I didn't enjoy the experience at all, more stressful than entertaining.

I think it is much better to invest in crypto Wink at least you always keep the hope to recover from a bear market if you don't sell, without risking more than what you invested initially.

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lienfaye
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November 21, 2020, 05:07:12 AM
 #377

I started wining like the 20%, then lost 90% Shocked

I deposited more and won, almost recovering the loss. Then lost like a 20% again.
Somehow you're lucky to recover almost of what you've lost. There are indeed bad days and good days, but gamblers who dont stop chasing their losses has a high to chance to be addicted for playing out of control.

Today I gambled for the first time in ages.
Quitted after that, so overall with a little loss. I don't think I will gamble in a very long time again. I have the hunch that if I kept betting I would have lost everything. So in my case, I thankfully recovered a decent amount, and didn't lose more in the process. I take it as a cheap lesson that has taught me that I don't like gambling: I didn't enjoy the experience at all, more stressful than entertaining.
Its a good decision since you cant earn decent amount in gambling if you will treat it as your source of income. Its more on luck thus just gamble not for the goal of getting profit but to enjoy the game and feel an excitement, if ever you win think of it as an incentives.

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November 21, 2020, 06:24:05 AM
 #378

I started wining like the 20%, then lost 90% Shocked

I deposited more and won, almost recovering the loss. Then lost like a 20% again.
You are just lucky to gain back your losses, but mind you that gambling is not working like that, you do not have to think about your losses at all for it not to bring you poor mindset of poor thinking that could make you to bet in the wrong way, losers like to bet the more they lose to lose the more, that is why people do advice that gamblers that lost bet should leave betting for that moment for the betting adrenaline to first die down before thinking of betting again. I will advice you to gamble but be careful of thinking about your losses and focus on quality gambling as fun and using the amount you can afford to lose.

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November 21, 2020, 09:48:58 AM
 #379

Thanks to all of you for the advice Smiley

Thankfully I know the theory, so I realise that in the long term odds of winning tend to go 48.5-51, but in the process a losing spree will lead you to bankruptcy as nobody has the money to keep betting forever. So tasted the flavour of gambling and, for me, it has been enough.

I will still play national lottery from time to time: for the price of 1€ you keep the hope of achieving financial freedom, even if the odds are minimal, so you are buying happiness really cheap. For me, this little short-time happiness until the results is more than enough. For the long run, there will always be the Bitcoin BTC Grin

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November 21, 2020, 10:25:30 AM
 #380

Today I gambled for the first time in ages.

I started wining like the 20%, then lost 90% Shocked
The Very moment that you Won 20% meaning that is the "beginners Luck" in which the reason why many starting gamblers felt the fairness
of each game.

but the 90% loss is the true gambling risk and must learn to compare the win/loss ratings.

I deposited more and won, almost recovering the loss. Then lost like a 20% again.
And this is Bad mate because this what we called "Chasing losses" in which mostly end up losing more and more
until you surrender and accept loss ..to find another chance in the other gaming day.

Quitted after that, so overall with a little loss. I don't think I will gamble in a very long time again. I have the hunch that if I kept betting I would have lost everything. So in my case, I thankfully recovered a decent amount, and didn't lose more in the process. I take it as a cheap lesson that has taught me that I don't like gambling: I didn't enjoy the experience at all, more stressful than entertaining.
I like you experience because you listen to your instinct and stop the betting.

Now what you need to do is Analyze and realize what will be the outcome of each gambling actvities.

Please be aware of having that control to your self and never become greedy to look for always win.
I think it is much better to invest in crypto Wink at least you always keep the hope to recover from a bear market if you don't sell, without risking more than what you invested initially.
Yeah exactly,Investing in crypto is also a gamble but at least it will take time to win or lose and not longing for a quick
profit.









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