Ebede
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December 19, 2022, 09:48:35 PM |
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I want to share my own technique on how I overcome my loss. You can share yours too on the comment below.
I recently experienced a heated game session on blackjack that I never experienced before due to I over extent my budget to chase loss. I was down by 200$ while my current bankroll is only 100$. Typically most user will do all in to quickly recover losses but my strategy is to slow down and bet only on craps 5$ on each number. Craps has a low house edge because your only loss is when 7 appear while the rest of the number that you didn’t choose will just result as draw.
Craps pays x2+ per win which is good to slowly recovering my losses. I just continue same bet and stop gambling for a day after I recover 50$ of my bet. I keep doing this per day until I completely recover all my loss slowly and rest for the week.
The slow down bets makes me think clearly and stop me for doing risky bet. This is most important lesson I learned on this messy situation.
There is no need trying to recover ones loss. Most times, greed is the major factor that leads to greater loss because people want to make a hell lot of money in just a day and those that also earn salaries want to make their entire monthly salary a day so they can possibly go to the employers office and give the employer a resignation letter with a hot slap, JUST KIDDING. I always tell me to always have a motive of closing a day with profit, no matter how small the profit might be and another thing is contentment. Contentment is one great key to a successful trader because the moment a trader learns how to be contentment, he is half way to becoming a successful and one should also learn how to spend money on the necessary things rather than trying to show people an extravagant life he could barely afford. This letter is very big for me to read and understand it very well,, sometimes when making a letter try to write brief so that the readers will read and understand you very well, that is why i put to you to understand I'm not telling how to write rather teaching you the mechanism of writing
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fortunecrypto
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December 19, 2022, 09:53:51 PM |
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So far you have had success doing this but you will not have that much success because this is still a luck-based game and it really depends on the character and mindset of the player, some players can think clearly while doing it fast while others cannot think clearly because of anxiety if they are slow or have taken a break, either way, it's still a luck based game, its better that you stop when having a bad day, there will be lucky sessions do not force to take back your losses by going fast or slow.
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Russlenat
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December 19, 2022, 09:55:55 PM |
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I want to share my own technique on how I overcome my loss. You can share yours too on the comment below.
I recently experienced a heated game session on blackjack that I never experienced before due to I over extent my budget to chase loss. I was down by 200$ while my current bankroll is only 100$. Typically most user will do all in to quickly recover losses but my strategy is to slow down and bet only on craps 5$ on each number. Craps has a low house edge because your only loss is when 7 appear while the rest of the number that you didn’t choose will just result as draw.
Craps pays x2+ per win which is good to slowly recovering my losses. I just continue same bet and stop gambling for a day after I recover 50$ of my bet. I keep doing this per day until I completely recover all my loss slowly and rest for the week.
The slow down bets makes me think clearly and stop me for doing risky bet. This is most important lesson I learned on this messy situation.
While others may find it working and profitable, but personally, I think slow down bets is only good when you are still not losing your money, but if you are already experiencing losses prior than that, then the best solution to cut your losses is certainly to stop yourself from betting. Otherwise, doing slow down bets will even chase for more losses until you end up with nothing to beat anymore. As much as I can, I won’t let myself end up completely like that.
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Doell
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December 19, 2022, 09:57:25 PM |
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Maybe this strategy also includes in Self-control? But in my opinion this is the strategy of every gambler who has a clear of mind, not only to return losses but also for profits, you are lucky to get them again. Because every time we chase what we have lost, we will be frustrated our emotions will be unstable, so it ended to a losing streak.
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seoincorporation
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December 19, 2022, 10:02:11 PM |
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I don't think the recovery is about making smaller bets, as other user mentioned is about self-control and you need a good streak for that recovery, without the wins is impossible to recover, and if you still beating in a bad streak then the loss will be bigger and bigger.
This is why a lot of people recommend not chasing our losses and just let them go.
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autoprt
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December 19, 2022, 10:02:51 PM |
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Maybe this strategy also includes in Self-control? But in my opinion this is the strategy of every gambler who has a clear of mind, not only to return losses but also for profits, you are lucky to get them again. Because every time we chase what we have lost, we will be frustrated our emotions will be unstable, so it ended to a losing streak.
this is so true. what's been working for me is to bet what i can afford to lose and make a hard stop and walk away. if i hang around gambling i will end up giving it one more try.
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goinmerry
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December 19, 2022, 10:06:06 PM |
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Technique to overcome losses? Is that really possible? Are you even sure that you really overcome your losses on the fact that we always experienced losing compared to winnings? Not because we won on that day, it means we already recover our losses.
Don't aim on recovering your losses as that was impossible unless you have won big jackpot money.
What we must maintain is to keep our winnings more regularly to happened compared to losing.
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Oilacris
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December 19, 2022, 10:19:22 PM |
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Technique to overcome losses? Is that really possible? Are you even sure that you really overcome your losses on the fact that we always experienced losing compared to winnings? Not because we won on that day, it means we already recover our losses.
Don't aim on recovering your losses as that was impossible unless you have won big jackpot money.
What we must maintain is to keep our winnings more regularly to happened compared to losing.
They would say its possible since they do able to do so on recovering or breaking even their losses but eventually just like the rest been saying that it isnt effective nor work from time to time or to anyone, which means that it isnt really just right that you should believe and following up this method.Well, its your choice if you do come up with this idea and would get in line on what they are pertaining into. One things for sure that there's no technique nor ways that you could recover up your losses in most guaranteed or sure way on doing so specially when we deal up with gambling.
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bitcampaign
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December 19, 2022, 10:31:37 PM |
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To be honest, I don't really like the game of blackjack, but I understand how to play it, I just don't really like playing seriously because I only rely on feeling and luck, but to be honest, what you mean is that it depends on how we can control ourselves when we lose, so we can turn things around. more profitable, sometimes we learn from the defeat itself
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Saisher
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December 19, 2022, 10:32:52 PM |
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You mentioned recently so you just discovered that this is a good strategy for you, so far it is but for how long this is a luck-based game even if you have a fresh mind and can think clearly that's not a guarantee that you will not be busted, I've seen gamblers meditating first to have a clear mind before playing and they get busted on the few minutes or early rounds of their bets and sometimes recover when they are feeling nervous, don't chase your losses because you think you can because in reality you really cannot.
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Strongkored
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December 19, 2022, 10:40:33 PM |
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I just think you are just lucky, even though this strategy can be successfully carried out several times but like other strategies in gambling it will not be able to run equally successfully for a long time, not because the house will always win but as humans can often experience boredom and also impatience or greed which can lead to bigger losses even though the intention is to want to cover what has been lost in the previous gambling. And I don't have a strategy to cover losses in gambling, just let the defeat and return to gambling when the funds are available and if I can experience a bigger win than the previous defeat, it's purely because of luck.
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tabas
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December 19, 2022, 10:46:56 PM |
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Thanks for the share. When you are not in rush, you have the right mind of betting because you're not doing it all of a sudden. You've planned your recovery as how you've planned to gamble. Slowing down is a good decision of recovering your losses so that you'll have the normal mindset that there is no way that you'll recover it on an instant but instead, you can still recover it if you allocate time and slowly do it on that purpose so you can track your bankroll and expenses at the same time.
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December 19, 2022, 10:56:04 PM |
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I agree slow is best, spread bets over time and ideally budget to bet over a set timescale not be tempted to continually win back the money. Last the duration rather then aim for a specific monetary target. Its soon trouble like a carrot on a stick to aim for a set magic monetary figure, it tends not to work that way which leads to upset and further moves away the prospect of a successful strategy in the game, the game plays you is the trap to avoid ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Newlifebtc
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December 19, 2022, 11:11:28 PM |
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I know from the beginning that the gambling is made up of loves and the for you to over come losses in gambling is only for you to continue gambling and one day if you be able to win a very big amount of money you will recover all your locks so but that does not mean that you will not recover your lucks if you win bit by bit
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December 19, 2022, 11:23:36 PM |
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Even at the slow down you're lucky to make the recovery. For everyone this won't work out. Gambling is all about luck, here it is being proven with the OP. Myself have got experience winning the lost fund in no time with the last few dollars, but the same gets lost the next day. So, the recovery goes useless. Any casino game will bring victory to make us happy, whether the happiness lasts or not depends on the luck. ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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Jemzx00
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December 19, 2022, 11:26:45 PM |
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I've tried this multiple times as I mostly gamble on slots and dice and this doesn't always work out the way you wanted so on your case, you were lucky to be able to recover your loss slowly. Also, trying to bet all in to recover your loss is not always the best choice to do since you will just end up losing all of your bankroll faster.
For me, this method works depending of the gamblers luck since they could just loss the remaining balance slowly since it's doesn't usually works for us.
If you are playing games that are based on luck, the technique of the OP is really hard to achieve. But maybe if it is in poker or sportsbetting, it may be true. Because you have high chance of recovering your losses if you know your games. But it can work if you are a patient gambler, try using that technique also in hi-lo game, and bet small. This is good if you have so much time to spare, you can recover your losses, but is it really worth spending significant amount of time recovering your losses? Some people can devote their time especially if they lost a lot and they badly needed the lost money, but not a very good suggestion to chase your losses. Knowing that most gambling games are based on luck, even the games that you've mentioned which are poker and sports betting, it'll be hard to achieve to recover your losses even if you try to bet small. If you aren't lucky to enough, you may not be able to recover and continue losing slowly. I've done this myself and apparently, sometimes you can recover your losses slowly but not all the time as you can also lose while doing it. I guess, the only good thing about this is that you can manage how much you'll lose if ever since you're playing small amounts.
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minime0105
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December 19, 2022, 11:31:23 PM |
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All gamblers know that, mate, but usually they will fight their conscience to return the losses they have experienced. I personally have had a lot of bad experiences when I lost and then went all-in, what you said is the truth about we have to play slow and relax. Until I realized that I should increase my win rate instead of increasing my bet amount. So when I play the original games (Slide on Stake and X-Roulette on Rollbit), I drop the multiplier to under x1.5, it's a very powerful way to reverse my losses and keep playing slow.
What I want to add in this aspect, is that if or whenever you want to play gamble and be free in gambling, is the time we believe that you might find all the necessary precaution that way in that you know to win, and secondly I want to let you know that you can play a gamble step by step without using your budget for it in case of loss so a process whereby you played a gamble with such precaution and they haven't to lose it will not affect you in such a way someone who put all it hope and trust in one way.
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2double0
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December 19, 2022, 11:38:21 PM |
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You know you can also bet behind on other players' luck and win huge if you see them winning? I see many people coming on a table and winning continuously, you can bet behind them and try their luck. My strategy is to leave a table immediately if I lose there 5 times in a row, be all those bets are bet behind. In most cases, you will win more than lose. However, gambling is for fun, only play with money you can afford to lose, so that you don't need to chase your losses and play with fresh mind next time you go to a casino website because chasing your losses will eventually lead you incur more losses and this will give too much stress to you if the money you lost was not meant (affordable) to be lost.
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Peanutswar
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December 19, 2022, 11:39:11 PM |
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People getting to urge more in playing gambling and one of the reason is they wins a lot or they lose a lot of money and of course as a revenge you would like to take you money back or make another profit. It depends now on the persons perspective because some of them want to stop playing already and set a limit and some of them want to play more a lot but still hoping to win this the reason why in playing gambling ideal if you have a lot of money else you lose or didn't enjoy the game
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minime0105
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December 19, 2022, 11:54:19 PM |
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People getting to urge more in playing gambling and one of the reason is they wins a lot or they lose a lot of money and of course as a revenge you would like to take you money back or make another profit. It depends now on the persons perspective because some of them want to stop playing already and set a limit and some of them want to play more a lot but still hoping to win this the reason why in playing gambling ideal if you have a lot of money else you lose or didn't enjoy the game
Sometimes if you make the satistics of people who played gamble a day or who play gambling in particular month and they calculate the amount or people who win a gamblling and amount of people who loses gambling, you will know that no person that has been a beneficiary in gambling that does not lose equivalent of what it wins or achieve in the gamblling, so I believe a gamblling is a personal race which is determine by chance of luck
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