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Author Topic: Slow down if you want to recover your losses  (Read 733 times)
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December 20, 2022, 06:58:05 PM
 #101

My way of recovering a loss is slightly similar to this and that is; I too change my game from another one if I feel that I want to recover my bets (also because of the house edge differences). However, there are times where I stick on one game but I change my strategy. Instead of continuous martingale, I switch on flat betting with adjusted multipliers or vice versa.

In gambling, it is important to stay patient even though we are already losing most of our bankroll. I know this is hard to do at first but trust me and the OP. This is worth it if ever we want to stay longer in the game and if we possibly want to recover what we have lost earlier.

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December 20, 2022, 07:07:35 PM
 #102

You could recover if you bet all in 100 usd in 2 itmes and make more. why wait.  the longer you play  on the casino the higher you chances to lose.

if you want to make big money then make big bet and quit on black jack. or lose it all.

In the grand scheme of things it doesn't matter if you make 10 bets with 10% of your money or 20 bets with 5%. The odds remain the same and it's true that house edge takes a greater toll on your win the more bets you make.

I prefer not to do it all in a single bet because there's a psychological barrier against doing it and that's what casino uses to make profit. In reality if you divide everything into 2 bets and your first bet is a win the probability of the second one also being a win is lower so you'll either stop and take that win or you take additional risk.

A player who instead divides his money into 100 bets will only get more entertainment out of it. There won't be any increase in win probability. It's funny how we tend to think that if we have more rolls we have more chance of winning back the money lost.

What makes you think that if you divide your bankroll into two bets and your first bet turns out to be a winning one, the probability that the second one will also turn out to be a winning one will be lower?

In my opinion, the win/loss of each individual bet has nothing to do with the previous bet. Whether a bet wins or not depends on the algorithm that distributes the rewards.

If everything were as you describe, the martingale strategy would constantly lead to a win, but this does not happen.

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December 20, 2022, 07:12:30 PM
 #103

Giving a break has always worked well for me. Many people just keep on gambling like nothing happened but the reality is that if you give a break then it should be doing great for you. Many people forget that the best thing to do would be making sure that you are working towards making sure you "forget" what you lost.

If you give a break, all that anger, all that need to recover, all that stress basically everything that comes with the loss at gambling will get lower and lower with time. This means, after a week of your big loss you will not feel the same way and after a month you won't even remember it. So, giving a break is always much better.

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December 20, 2022, 07:15:33 PM
 #104

Easier said than done. Perhaps we all have that intention to take it easy when we lose, but how often does it happen in practice that we go beyond all our own imposed limits in the hope of winning back the losses? Very often. You can have a certain management over your own bank balance, but the value of this is zero if you can't stick to this strategy yourself. Even experienced gamblers continue to make mistakes with this.

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December 20, 2022, 08:18:06 PM
 #105

Easier said than done. Perhaps we all have that intention to take it easy when we lose, but how often does it happen in practice that we go beyond all our own imposed limits in the hope of winning back the losses? Very often. You can have a certain management over your own bank balance, but the value of this is zero if you can't stick to this strategy yourself. Even experienced gamblers continue to make mistakes with this.
And that what makes gambling business so damn profitable on which this kind of behavior is one of the main reason on why this business is sustainable because gamblers are really that minding on finding ways on breaking

even their losses or trying to get it back via some various strategies and ways which it would really make you some sort of desperate man because of these kind of motives which it isnt a must when you do gamble.
If you do want to recover your losses then you arent playing gambling for the sake of entertainment but rather you are here for the sake of money.

When you do lose then you should easily move on and dont tend to chase up losses or minding on getting those money back.It would really be just making you desperate.

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December 20, 2022, 08:35:23 PM
 #106

Actually, the martingale technique doesn't have to always double your bet in every round or spin.

That's correct. There are various variation from the rule. Still the main Martingale is doubling.

There is nothing wrong with any technique, what is wrong is when it is difficult to control our emotions

Actually the fact we try to make one bet more meaningful, the fact we think that at a certain point there's a bigger chance to see high value or low, is imho a mistake. The random generator doesn't care what was the previous number. And all this makes "the technique" wrong. At least this is how I see it.
Am I wrong?

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December 20, 2022, 08:40:14 PM
 #107

Instead of replacing it with slow bets, you should stop immediately and don't even think about recovering your losses with slow bets. But maybe it is the best strategy for you because I see you can recover slowly. But not everyone can do it and it's better to stop immediately and do something else to divert your mind from recovering your losses. But I realize that we all need to rest after losing a lot and if you decide it's for the best, you still have to be careful because it won't always work out for you.

The best action is to stop when you feel that losing streak is non-stop, instead of being aggressive to find ways to recover stopping will limit you to lose more, though I see the point where taking things slowly might re-create a good gambling strategy that might work, but it isn't a guarantee that you will be able to recover your losses, chances that it will trigger your aggressiveness is always possible.

You need to understand all the risk while you are in gambling, no doubt that gamblers always finding ways how to win either you are just playing to have some fun or you are aiming for huge amount of money, both sides will add entertainment and enjoyment if you will manage
to stop with some money to cash out as a reward for your gambling.

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December 20, 2022, 08:46:35 PM
 #108

I'm most interested in this topic and it keeps catching my eye at every instance I get to be in it's page.
I wouldn't have to relate this your topic to more of gambling but rather to that of trading and I could always remember my first win and first major loss on trading derivatives when I made my two thousand dollars ($2000) with 48 full hours and this was really done with ease but in qhest of trying to make the money a round figure of $2600 so I can withdraw $2500 and still have upto $100 dollar drive me into reckless trading and I made a whole series of loss after I lost the money upto $400 I started revenge trading just to cover up my loss but I ended up making lot more losses and I had to slow then and reviver my loss in 2 weeks.

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December 20, 2022, 08:51:59 PM
Last edit: December 20, 2022, 09:02:12 PM by BitcoinGirl.Club
 #109

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.
It's may be good for you but not good for the bookies LOL
Imagine everyone is listening to you and able to recover whatever they lost so far, we will see the gambling industry collapsed. In gambling nothing works, the house is designed to have business from you. You were just lucky. If you really want to gain from gambling then stop gambling 😉

On the other hand, if you enjoy gambling then gamble. After all it's entertainment.
As long as you can afford to lose all your money, then you can gamble as much as you want. No one will come to stop you, unless you run out of money to bet, then no choice but you have to really stop. However, in most cases, once you continue to gamble to chase your losses, in the end still you will never make it. The house has always an edge, and it should be the one that will always win and not the gamblers themselves.
Once I was a gambling addict so I know exactly how it feels to chase and win then to lose all again. It's a cycle you go though, never ending. It's been long ago. To stop it, I had to unsubscribe from all the gambling websites, I was taking mental support from specialist, most importantly friends and relatives were supporting me to stop it. Without them I could not fight it back.

Good thing was that I did not lose everything but my life was fairly mess. But since I recovered mentally, I did not gamble for long years until few years ago started again with sportsbet and some other crypto casinos. This time I was in full control of myself. Most of the time it was just pure fun but then getting bored, although I enjoyed the poker tournament we used to have with SWS or SWG (forgot the site name) SWCPoker. Eventually, I stopped logging in the accounts. I can not remember when was the last time I logged in before yesterday or the day before yesterday in bitcasino to join their bitcoin price prediction 😂

From my experience I suggest everyone, learn to stop it when you feel you are not enjoying it anymore. Don't do it for money. Gambling is not a business or job. It's entertainment you take when you are bored and time to spare. The price you pay are the deposits you make. So don't call it lose but call it a payment for the entertainment.

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December 20, 2022, 11:58:12 PM
 #110

Instead of replacing it with slow bets, you should stop immediately and don't even think about recovering your losses with slow bets. But maybe it is the best strategy for you because I see you can recover slowly. But not everyone can do it and it's better to stop immediately and do something else to divert your mind from recovering your losses. But I realize that we all need to rest after losing a lot and if you decide it's for the best, you still have to be careful because it won't always work out for you.

The best action is to stop when you feel that losing streak is non-stop, instead of being aggressive to find ways to recover stopping will limit you to lose more, though I see the point where taking things slowly might re-create a good gambling strategy that might work, but it isn't a guarantee that you will be able to recover your losses, chances that it will trigger your aggressiveness is always possible.

You need to understand all the risk while you are in gambling, no doubt that gamblers always finding ways how to win either you are just playing to have some fun or you are aiming for huge amount of money, both sides will add entertainment and enjoyment if you will manage
to stop with some money to cash out as a reward for your gambling.
This is what im doing on which i do experience out losing streaks like very bad then i do really stop out immediately which is something that a gambler should do but we know that most cases where we do really

fail up on doing so because the thing we do have in mind is on how to recover those losses pretty fast, and if you are in low balance or bankroll or having empty then you would be surely be tending to

make out another deposit which would really worsen up the situation for more. This is why you should really be wise in regarding your actions.

R


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December 20, 2022, 11:59:36 PM
 #111

We can't be sure of making recovery just on slowing down the betting process. Betting needs to be done by taking break when one feels that the luck isn't favouring. Slowing down Betting is good, because fast bets bring win as well as empty the wallet in no time. When betting is slowed down, automatically the person will think of his bet value and play carefully. This could lower the chance of losing to some extent as well prolong the wallet getting emptied.
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December 21, 2022, 12:28:12 AM
 #112

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.

Interesting report!
Unfortunately, I believe most people lack that same discipline.

In fact it is quite the opposite, most people, when they lose, try to recover the money lost as soon as possible to return to betting on profit, and unfortunately this only makes them lose more money, as they are taken by the emotion of anger and they cannot reason properly.

In a game of dice or slots, for example, it is still common for many people to use techniques such as the martingale, which consists of always doubling the lost bet in order to recover the value in the next round.

Thanks for your advice and I admire your self-control, congratulations on making conscious plays.

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December 21, 2022, 12:37:40 AM
 #113

I want to share my own technique on how I overcome my loss. You can share yours too on the comment below.

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.
That's a good technique since other gamblers would be encouraged to increase their bet size but then again it's tough to recover on casino games overall the longer you play though so at best you just have to cut them off because if not it could go on for very long.

I also do the same technique on sports betting if I still have a good pick on that same day I would lower my bet size by a lot for example if my average bet would be like 10 coins then the reduced bet size would be around 2 or 3.

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December 21, 2022, 04:17:35 AM
 #114

We can't be sure of making recovery just on slowing down the betting process. Betting needs to be done by taking break when one feels that the luck isn't favouring. Slowing down Betting is good, because fast bets bring win as well as empty the wallet in no time. When betting is slowed down, automatically the person will think of his bet value and play carefully. This could lower the chance of losing to some extent as well prolong the wallet getting emptied.
Quick bets using large amounts of money will only give you faster losses, especially if we often experience consecutive losses.
We could benefit from such a bet but if the tension rises, we can get triggered and in the end, we will lose a lot.
But when the betting slows down, it will make us think that it will take a long time to recover from previous losses and can make us impatient to wait round after round and we can go back to using big bets and fast.
If you want to reduce tension, think about stopping or taking a break because your tension will decrease.

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December 21, 2022, 05:25:17 AM
 #115

Yeah, slowing down is a good way of reducing losses, I see it to be the best technique for loss control. It gives you insight into how the previous bet resulted in a loss. But after a break, I think it is good to change the betting strategy sometimes because the mistake many people make is repeating a strategy that fails them often and often. And their desire to get back their loss skyrockets in such a way that they are left with nothing at the end of the day. Slowing down may help, but changing the strategy is another important thing to note.

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December 21, 2022, 05:32:36 AM
 #116

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.
Good for you and you're lucky to recover your losses by doing that technique. However, most of us here don't have the same patience and luck as you because usually everytime we're in losing streak, we're losing our patience as well and desperately doing a bet (such as martingale) to recover our losses fast.

If you are able to recover your past losses through this strategy it doesn't mean it will also work to other gamblers. But atleast it has a good result for you even we know that the house always win.

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December 21, 2022, 05:47:23 AM
 #117

Mine is slowly lessen my bet and tries to go around other games , I don't concentrate in single game because I know that if I am lucky I will win not because of my better understanding in that said game but it is what needs to happen.


So why need to play only one game and Lose when you can completely enjoy the day with experiencing multiple platform and tries if where is the luck going that day?

with also that we can practice our skills in each games right?

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December 21, 2022, 06:35:29 AM
 #118

doubling my bet everytime it's a loss then seeing it become another loss, then another and another and another!

Well said. Plus, by doubling, each new loss is way bigger, in a (desperate) attempt to recover all the previous (and ever increasing) loses.
Indeed, the sure path of getting very fast to zero.


It's actually not considered desparate. It's simply the process in which the Martingale System follows, probably because "reasons". Mathematically considerations, it should be laughable. We plebs must truly understand that the house edge makes it sure that everyone will be long term losers. Psychological considerations, plebs should avoid it or go home without your salary.

OP, gave the best advice. SLOW DOWN. Go back to the casino when you are happier, calmer, luckier.

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December 21, 2022, 06:40:51 AM
 #119

Instead of replacing it with slow bets, you should stop immediately and don't even think about recovering your losses with slow bets. But maybe it is the best strategy for you because I see you can recover slowly. But not everyone can do it and it's better to stop immediately and do something else to divert your mind from recovering your losses. But I realize that we all need to rest after losing a lot and if you decide it's for the best, you still have to be careful because it won't always work out for you.

The best action is to stop when you feel that losing streak is non-stop, instead of being aggressive to find ways to recover stopping will limit you to lose more, though I see the point where taking things slowly might re-create a good gambling strategy that might work, but it isn't a guarantee that you will be able to recover your losses, chances that it will trigger your aggressiveness is always possible.

You need to understand all the risk while you are in gambling, no doubt that gamblers always finding ways how to win either you are just playing to have some fun or you are aiming for huge amount of money, both sides will add entertainment and enjoyment if you will manage
to stop with some money to cash out as a reward for your gambling.
We often experience successive losses but only a few of us stop immediately but continue to increase the amount of money to bet. That doesn't limit the amount of money to gamble but will increase the risk of loss that we can get later, especially if we try to increase the number of bets. With all the risks that will arise in gambling, we should realize that winning large amounts of money will not always work and that's where we should be able to prevent ourselves from continuing to gamble.

And even though we can get entertainment and fun, it won't be worth continuing if we still get defeats, especially losing streaks. So we should use our gambling time, get entertainment and fun, and get out in time to avoid even bigger losses.

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December 21, 2022, 09:16:09 AM
 #120

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.

And most of us, when we lose all of our money, we then stop, we will not try to get back our losses. I know your strategy is working for you, but it is still risky since you will not always win, meaning if you do not win, you'll be losing more. The strategy to overcome losses is only to set a limit for yourself. When you lose, you lose you will not get it back unless you are lucky like you are talking to. If I lose (within my set limit), I immediately stop. I don't chase around my losses as I know that I will be losing more. Also, the only strategy that I use when winning is when I lose 30% of my winning (total accumulated winning), I will stop, which is enough for today.
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