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Author Topic: What are your takes on revenge gambling?  (Read 406 times)
Fortify
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January 01, 2023, 03:41:43 PM
 #21

Just as the topic implies, What really are your thoughts on revenge gambling?
Revenge gambling can be seen as a situation where one chases after their loss after making huge loss which to me ends up a disaster.

One of the major reasons people chase after loss is
*using money they can't afford to loss to gamble
*Over expectations.
These two are the major reasons people indulge in revenge gambling and my questions are
~ What are your thoughts on revenge gambling?
~ what other reasons would make some indulge in revenge gambling?
~ What are the measures to help combat revenge gambling?

Please lets discuss


It's a dumb name, as there is no revenge taking place - the gambler has just lost control if their mind has gone to this place and the only person they are damaging further is themselves. There is nothing vengeful about it, as you are basically just donating even more money to the place that took all your other money before that. There are few ways to properly protect yourself from this scenario without learning discipline and self control, but these things are often beyond the abilities of a problem gambler anyway. If you do suffer from this problem, the best solution is only to remove yourself from gambling altogether, otherwise you just end up tilting and losing vast sums for nothing.

R


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January 01, 2023, 03:49:11 PM
 #22

Revenge gambling is a harmful and dangerous behavior that can lead to significant financial and personal consequences. It is often driven by negative emotions such as anger, frustration, and desperation, and it can be very difficult for people to control their impulses when they are feeling these emotions.
There are a number of other reasons that people might engage in revenge gambling, including a lack of understanding of responsible gambling principles, a lack of awareness of the risks associated with gambling, and a lack of access to support and resources for managing problem gambling.

I agree with you about revenge gambling being a harmful and dangerous behavior for any person because if the first place you are playing without any focus and you cannot have full control over your reactions while playing games also whenever you lose in a ravage gambling you will have more greed and for the revenge while you are even under more pressure because the games you lost.

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January 01, 2023, 03:52:34 PM
 #23

Just as the topic implies, What really are your thoughts on revenge gambling?
Revenge gambling can be seen as a situation where one chases after their loss after making huge loss which to me ends up a disaster.

Please lets discuss


I actually call this as the "cycle of gambling" where a person would try to recover his losses by gambling again, thereby increasing the risk of increasing his losses in the process. Unfortunately, a natural instinct of a person is to fight whenever they feel pain. For example, the instinct of a man after being punched is to punch back against his opponent. Such similar concept can be attributable to gambling where a person would definitely try to gamble again in hopes of recovering their losses.

In order to combat this so called "revenge gambling", a person must only bring a handful amount of cash. He/she must limit his/her expenditures in the process and avoid any future reloading of funds to prevent this kind of unfortunate scenario.

R


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January 01, 2023, 03:57:10 PM
 #24

I did this before and I know for sure it doesn't end up well. Chasing losses is the very one thing we should avoid because it clouds our judgment by just wanting revenge.
When did revenge ever end up good? None. Not just in gambling but even in different circumstances.
How could we avoid it? Control. Self-discipline.
It's not easy to have that but if you can, then do so. If you think you can log out from a gambling site after the losses then do. Just simply rest for the day and just come back tomorrow when your mind is much clear to bet again.

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January 01, 2023, 04:06:49 PM
 #25

~ What are your thoughts on revenge gambling?
It's really common in the casinos because most gamblers are emotional, and they don't like the losing feeling, that's why a lot of people chase their loss but not all of them lose all in this kind of chase.

~ what other reasons would make some indulge in revenge gambling?
When people lose multiple times the feeling of a win getting closer is the reason why they keep betting more and more.

~ What are the measures to help combat revenge gambling?
Play with the brain and not with the heart, if we lost all the money we can afford to lose, then is better to take our loss and walk away.


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January 01, 2023, 04:13:38 PM
 #26

Revenge gambling could work for some gamblers and never work for others so I don't advise people to take a walk on that path because the end can to so disappointing if care is not taken. If we want to win back out loses then there are ways we can do that rather than planing to revenge immediately with the assurance that we are going to win back our lost funds.

There are pro gamblers that might have been very good in revenging to make the lost funds and the is mostly dependents on the kind of game we are into or what we bet on. If it is a kind of bet where the house does not have so much power on gamblers then that is find but we just need to understand what kind of gambler we are and the kind of bets we are playing.
I think if a gambler has money he can afford to lose, there is no issues in chasing losses. In case he recovers his money, that will be great and in case he loses more money, he won't be bothered at all, because it was a calculated risk he took. The problem is when the gambler risks all his bankroll or money he is going need to pay for daily expenses to recover a loss in gambling. In this situation, if he loses, it's game over and there isn't anything else he can do to revert the situation on short run. I believe the gambler who persist in revenge gambling has already started playing with a wrong mindset, that is: to win at all costs.

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January 01, 2023, 04:58:11 PM
 #27

Revenge gambling is one of the most belligerent things you could when you gamble. Responsible gambling warrants that you remain calm ans collected even in tense situations because that's when you make the most stupif mistakes. Anger and pressure clouds your judgement, and makes you commit mistakes you otherwise wouldn't have done if you are calmer. At the end of the day, if you think you are af the verge of committing revenge gambling, take a deep breath and stay out of gambling for a while. Try to reconnect and socialize with people who matter s a lot in your life.

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January 01, 2023, 04:58:38 PM
 #28

Just as the topic implies, What really are your thoughts on revenge gambling?
Revenge gambling can be seen as a situation where one chases after their loss after making huge loss which to me ends up a disaster.

One of the major reasons people chase after loss is
*using money they can't afford to loss to gamble
*Over expectations.
These two are the major reasons people indulge in revenge gambling and my questions are
~ What are your thoughts on revenge gambling?
~ what other reasons would make some indulge in revenge gambling?
~ What are the measures to help combat revenge gambling?

We should all think about gambling as a way to have fun and be entertained. But we also know that gambling can have an adverse effect on some of us. Many gamblers end up losing more and more to recover their losses which at some time has a major impact on personal life. To get rid of this situation we need to know how to manage gambling responsibly. The most important way to prevent the bad side effects of gambling is knowledge and education about the risks of gambling. This will help us to have self-control so that we do not have bad side effects.

Before you start gambling, think about how much gambling you can afford given your financial situation. Play as much for fun and for your entertainment. Don't try to get recover all the losses and also don't try to take the risks to get back what you lost earlier. Play for fun not to earn money.

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January 01, 2023, 05:06:28 PM
 #29

~
One of the major reasons people chase after loss is
*using money they can't afford to loss to gamble
Yes, I agree with you. most people chase a loss when they play with an amount that they can't afford to lose. After which their first objective is to reach breakeven but they end up losing even more money by chasing the loss.

~ What are your thoughts on revenge gambling?
One of the lessons I have learned in trading and gambling is never chase your losses and accept what you have lost.
Every day won't be your winning day. So accept your loss. And come again tomorrow.

What are the measures to help combat revenge gambling?
Don't go for big a win, play with what you can afford to lose.
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January 01, 2023, 05:10:20 PM
 #30

It always happens to someone when he can't control his emotion. Everyone who's losing a lot will do everything that they can to recover and chase the losses.
This topic has been there for years and is still not going to change the fact that many lives have really been affected by this type of attitude towards gambling.
If you're in losses today and you think that it will just worsen your day, stop and take your time because the worst might not yet come if you ever continue.

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January 01, 2023, 05:11:41 PM
 #31

Just as the topic implies, What really are your thoughts on revenge gambling?
...
*Over expectations.
...

You call it "revenge gambling", I would say it's a tilt... I guess it's all the same, we just have different names for the same state of mind: https://bitcointalk.org/index.php?topic=5432187.msg61517656#msg61517656.

As FamososMuertos said, in the moments when we stop thinking rationally we make some crazy moves. I think all that comes from "Over expectations", like "now it's my turn to win", after suffering some major losses. Surprise or not, in most cases "tilting" will lead us to a total bust. I believe every "serious" gambler knows how that feels!

Eye for an eye will make the whole world blind! Revenge is the opposite of rational thinking, so it's not good. In most cases "revenging" will cause some other or more problems.

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January 01, 2023, 05:22:05 PM
 #32

Just as the topic implies, What really are your thoughts on revenge gambling?
...
*Over expectations.
...

You call it "revenge gambling", I would say it's a tilt... I guess it's all the same, we just have different names for the same state of mind: https://bitcointalk.org/index.php?topic=5432187.msg61517656#msg61517656.

As FamososMuertos said, in the moments when we stop thinking rationally we make some crazy moves. I think all that comes from "Over expectations", like "now it's my turn to win", after suffering some major losses. Surprise or not, in most cases "tilting" will lead us to a total bust. I believe every "serious" gambler knows how that feels!

Eye for an eye will make the whole world blind! Revenge is the opposite of rational thinking, so it's not good. In most cases "revenging" will cause some other or more problems.

Revenge is not what they use to call it but chasing losses. OP has connected it also to Trading which he also has a thread about Revenge Trading lol I don't know who he thought was the enemy. But the house always has the favoring odds for the house to profit. Playing in another casino is already revenge if reducing the profit of the casino means revenge. 

Chasing losses always are going to keep a gambler gambling which is also what the casino aims for. So while he wants revenge, casinos like him wanna pursue revenge.

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January 01, 2023, 05:32:19 PM
 #33

Just as the topic implies, What really are your thoughts on revenge gambling?
Revenge gambling can be seen as a situation where one chases after their loss after making huge loss which to me ends up a disaster.
Even normal revenge in situations where one is hurt is discouraged, likewise revenge in gambling. No type of revenge is good. The best advice you get in situations where you feel hurt and want to take your revenge is that you should move on to avoid making more losses. Choosing to take a revenge is usually an example of a decisions made with emotions, and when you make decisions with emotions especially financial decision, a bad decision that will be regretted is usually made. A straight thinking person knows that it is not a wise thing to want to take revenge on a gambling site due to your loss, especially when it is your money at stake.

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January 01, 2023, 05:55:26 PM
 #34

Revenge gambling is done so quickly with a lot of emotions that before one can say Cristano Ronaldo the punter has lost again.
They have zero plans, they do it quickly and they let their emotions cloud their judgement.
I am thinking that they are the ones who give casino more money.

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January 01, 2023, 06:09:36 PM
 #35

I've never heard of the term but it fits. I've been describing it as gambling on loss while you are frustrated and angry so yours is faster to say.

But i am sad to admit that this has been the doom of me of several times. Especially on poker it makes to drop down your guard and is a recipe for loss. Now i have a rule that when i am losing enough for it making me frustrated, i am taking a long walk beore gambling, or preferably now playing on that day or few days until i am totally cooled down.

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January 01, 2023, 06:11:30 PM
 #36

Just as the topic implies, What really are your thoughts on revenge gambling?
Revenge gambling can be seen as a situation where one chases after their loss after making huge loss which to me ends up a disaster.

One of the major reasons people chase after loss is
*using money they can't afford to loss to gamble
*Over expectations.
These two are the major reasons people indulge in revenge gambling and my questions are
~ What are your thoughts on revenge gambling?
~ what other reasons would make some indulge in revenge gambling?
~ What are the measures to help combat revenge gambling?

Please lets discuss


I'm not too sure, but let's discuss this. first of all, there's no such thing as revenge gambling. what usually happens is, someone wants to recover losses after experiencing previous losses. so, naturally. one wants to recover his losses after a gambling session, then make a re-deposit and hope for a big luck at the same time. why it happened, instinctively because humans have emotions. and this is very closely related to the human side of psychology, and how we respond to it. not easy, especially if you have been controlled by a high level of emotion after experiencing a loss from the gambling session that you did.

Your ego will say, that if you make another deposit, chances are you will be able to recover the losses you previously suffered. if you are lucky, you can restore it even get a big reward. but if the opposite happens, your brain will produce excessive dopamine. what is the impact, you will easily get stressed and so on.

IMO, there are no measures that will work to stop you from fighting revenge gambling. believe me, that the most appropriate step is your own decision. remember, there is still tomorrow or maybe another day. you can come back later, maybe after your emotional situation is stable at the same time luck is on your side.

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January 01, 2023, 06:52:33 PM
 #37

These two are the major reasons people indulge in revenge gambling and my questions are
~ What are your thoughts on revenge gambling?

It is a bad move by a player.  Chasing losses is already proven to be one of the main reason why player losses more.

~ what other reasons would make some indulge in revenge gambling?

One possilbe reason is that the player gambled a money the he can not afford to lose.  Other than this what else is the reason?

~ What are the measures to help combat revenge gambling?

One solution is that only gambling that you can afford to lose because by doing this, player don't have any reason to chase their losses.

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January 01, 2023, 08:19:02 PM
 #38

IMO, there are no measures that will work to stop you from fighting revenge gambling. believe me, that the most appropriate step is your own decision. remember, there is still tomorrow or maybe another day. you can come back later, maybe after your emotional situation is stable at the same time luck is on your side.
It's really a dangerous situation when the gambler feels tempted by revenge. All he can think about is recovering that money somehow, through another gambling session. It feels like if he doesn't do that, he can't think about anything else: he can't work, eat, sleep properly... It's like an unfinished task which must be completed before going ahead to another daily activities. The heart starts beating faster, the hands start sweating and it doesn't stop until he has his revenge, or until he completely lose all his money.

If the gambler is able to figure out an exit from this trap on the middle of the process, congratulations to him, because it's really a tough challenge. I think the best approach is to try remaining calm and don't bothering too much about the lost sum of money, so the desire for chasing losses must decrease, at least a little bit, until settling completely after a while.

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January 01, 2023, 08:32:58 PM
 #39

When it comes to gambling, the addiction happens when you expect good winning and loss is the end result. The lookup for recovering the loss is the major reason, another thing is the greed. Even when you're winning good the mind never accepts, but it moves forward with big bets where loss happens easily. Later the recovery turns to be difficult and look for sources where we need to deposit big money to recover the big loss. So, revenge gambling shouldn't be followed.

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January 01, 2023, 08:34:51 PM
 #40

Basically not a  good way to recoup your losses. Experienced this before for multiple times but it ends ep losing more because chasing the losses stirs me so much that I don't control my emotions and becoming greedy unconsciously. Doing this kind of behavior will make you put yourself in a risky plays such as trying out your luck by making you do what you aren't normally doing by betting on a risky odds. You will just dig deeper if you are trying this kind of gambling behavior. It will stir up your emotion so much that you will be frustrated after losing much more.
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