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Author Topic: Go home with a profit and come back to end up losing a lot.  (Read 316 times)
uneng
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September 24, 2022, 09:12:57 PM
 #61

On long run gamblers can't beat the house. Even if that gambler went home with 8000$ and didn't come back on the next hour or day to lose everything he would have lost it along his future gambling sessions. What he could have done was to use this money better through a proper management, so he could play for more time and have more entertainment with that same sum of money, instead of wasting everything on next hour after he has hit the prize. I believe he got too excited for winning such money and wasn't able to control his emotions. Let's hope this situation was useful as learnship for him.

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September 24, 2022, 09:13:14 PM
 #62

This is the feeling that I don't like when I win something on a casino. Back then, I always believe that my luck carries over to my next session so I try to bring a lot more money with me and do big boy bets, only to end up losing more than what I profited from my last win. It's an extremely hard mindset to get out of and luckily I managed to move on from that kind of betting activity and just stayed with my weekly casino budget and I've never went over it for the past 2 or 3 years. It's the mentality that gets us betting like idiots IMO, and if you'll be able to conquer this line of thinking and replace it with something conservative, I'm sure that you'll never go broke in your next casino session after a hefty win.

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September 24, 2022, 09:17:37 PM
 #63

On long run gamblers can't beat the house. Even if that gambler went home with 8000$ and didn't come back on the next hour or day to lose everything he would have lost it along his future gambling sessions. What he could have done was to use this money better through a proper management, so he could play for more time and have more entertainment with that same sum of money, instead of wasting everything on next hour after he has hit the prize. I believe he got too excited for winning such money and wasn't able to control his emotions. Let's hope this situation was useful as learnship for him.

What happens is that when most of us play, we don't keep record of our losese and we don't everly count them as losess. We see them as money spent trying to get entertainment. But whenever we win big, we will not remember is something we have been wasting money on for a long time. We will see the big winning as a free money and you know how free monies are spent and we will try to lavish all same day. If we could know how much we lost over the time, a big win should be seen as a compensation for our losses.

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Rengga Jati
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September 24, 2022, 09:29:55 PM
 #64

Luckily I've never experienced this. This is the importance of self and emotional control, as well as good financial management even when it comes to gaming. This kind of thing is actually very often we find in the field. The fact is that people will go back to gambling and hope they will win again. But very often, victory or loss will not come twice.
Here it's a shame if after he earned a lot of money, he should be able to enjoy it. But maybe he thought that he would win again, but the reality was the opposite. This can be a boomerang for us.

R


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September 24, 2022, 09:39:01 PM
 #65

On long run gamblers can't beat the house. Even if that gambler went home with 8000$ and didn't come back on the next hour or day to lose everything he would have lost it along his future gambling sessions. What he could have done was to use this money better through a proper management, so he could play for more time and have more entertainment with that same sum of money, instead of wasting everything on next hour after he has hit the prize. I believe he got too excited for winning such money and wasn't able to control his emotions. Let's hope this situation was useful as learnship for him.
^ As they said, the more you spend time gambling the bigger your chances of losing your money, and I think that is true.
That is why if I won on that session, I enjoy winning so that I feel worth it that I have won and come back when you are ready to gamble. Because if you come back hoping that you will make more profit, greediness will lead your way that makes your luck go away.
Never follow your greed.
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