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Author Topic: How do you handle your losses  (Read 5971 times)
Zilon (OP)
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January 16, 2023, 06:07:55 PM
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 #1

We all handle emotions differently, also the way each of us admit our losses differs. I love playing dice and blackjack on my favorite casino and have never had a big win, but I make sure not to chase my loss if I lose. I have learned to deal with losses, it wasn't easy from the beginning, but it gradually became part of me over time.

Not everyone is good at letting go of their loss. I used a four way strategy to train myself into admitting my loss:


First I draw a plan of how much I am willing to risk for any bet:
I so much believe everything starts with a plan. To avoid been carried away by my loss or urge of trying more chances I first plan how much I'm willing to risk and if it goes I pause to try again when next I have made new budgets.

I make sure I don't pay attention to the leader board:
I try my best to avoid this board because it can be tempting and compelling seeing how much a user cashed out the hungry to try a little luck might make me go against my plan

I ensure I drink enough water to reduce risk of heat stress :
I won't want to be under any compulsion or stress after a loss, so I make sure I drink water to stay hydrated, and it helps manage my mood even if I lost.

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.

I avoid greedy friends
Friends play a big role in the character of a person. Someone who is never greedy can become greedy based on a friend's influence. I rather take a small win and walkaway than risk it all to lose even my win.


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January 16, 2023, 06:22:31 PM
Merited by slapper (1)
 #2

There are several suggestions to handle losses in technical and emotional terms

Handling gambling losses in emotional term:

  • Acknowledge your feelings: It's important to acknowledge and accept your feelings of disappointment or frustration after a gambling loss. Ignoring or suppressing your emotions will only prolong the healing process.
  • Talk to someone: Talking to a friend or family member about your feelings can help you process your emotions and gain a different perspective on the situation.
  • Seek professional help: If your gambling losses are causing emotional distress, it may be helpful to seek the help of a therapist or counselor. They can provide support and guidance to help you cope with your feelings and develop strategies to prevent future emotional distress.
  • Practice self-care: Taking care of yourself physically and mentally can help improve your emotional well-being. This can include things like exercise, meditation, yoga, or other stress-relieving activities.
  • Set boundaries: Setting limits on your gambling can help prevent future emotional distress. This might include setting a budget, setting a time limit on your gambling, or avoiding certain triggers that lead to excessive gambling.
  • Find a healthy distraction: Finding a healthy and fun distraction can be a great way to take your mind off your losses and improve your mood. This could include hobbies, sports, reading, or spending time with friends and family.
  • Learn from the loss: Instead of dwelling on the losses, try to learn from the experience, reflect on what went wrong, and think about how you can improve your strategy for the future.

Handling gambling losses in technical term:

  • Keep records: Keeping detailed records of your gambling activities can help you understand your patterns of behavior and identify any potential problem areas. This includes noting down the date, time, amount, and outcome of each bet you make.
  • Set a budget: One of the most important things you can do to handle gambling losses technically is to set a budget and stick to it. This will help you avoid overspending and losing more money than you can afford.
  • Use a stop-loss: A stop-loss is a predetermined point at which you will stop gambling for the day or week. It's a great way to control your spending and avoid losing more than you can afford.
  • Use a staking plan: A staking plan is a method of managing your bankroll that helps you make informed decisions about how much to bet on each outcome. This can help you avoid losing more than you can afford.
  • Take a break: If you're feeling down about your losses, it's important to take a break from gambling. This will give you time to clear your head and reassess your approach.
  • Seek professional help: If you feel like you have a gambling problem and that your losses are affecting your personal and professional life, it's important to seek professional help. There are many organizations that can provide support and resources to help you overcome your addiction.
  • Use responsible gambling tools: Many online gambling platforms offer tools that help players limit their deposits, set time limits, or even self-exclude from the platform. These tools can help you control your gambling behavior and avoid excessive losses.


Usually whenever I experience gambling losses, I'll just take a deep breath and accept the fact that I lost, I never chase losses and I reflect on what to do next to avoid such kind of huge losses.  It is easier to accept if we gamble money that we can afford to lose since it has no impact in our daily budget and finances.



sources:
https://www.algamus.org/blog/how-to-get-over-gambling-loss
https://www.quora.com/What-a-person-should-do-if-he-lost-his-money-in-gambling
https://800gambler.org/how-to-mentally-cope-with-a-big-gambling-loss/
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January 16, 2023, 06:41:07 PM
 #3

I only set a bankroll to play and that is the maximum I will spend on gambling for the week,usually 50-100 or max of 200 dollars.I have been a slot addict and I can proudly say that I am not an addict anymore,I have the courage to quit when I see that loses keep hitting me.I play sport betting now,it is easy to check here as you see your balance grow or shrink based on your performance.

I think in sport betting is much easier to keep track of the lost amounts but in slot machines is much more difficult,you need to continuously update an excel sheet to keep track of your lost amounts and I think this would be the best thing to do to keep track of our lost amounts,we can add deposits and withdraws there and it is easy to see the difference which in turn would be our profit or lost amount.

If you follow your emotions then there is no real escape,you will lose continuously money as emotions do not make us see the reality but show us a distorted one,the one we want to see.

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January 16, 2023, 07:00:30 PM
 #4

I only set a bankroll to play and that is the maximum I will spend on gambling for the week,usually 50-100 or max of 200 dollars.
That is all we have to do to handle losses without further consequences. If you stick to a fixed bankroll, you don't have to worry, because once that money is lost, you know your gambling session ended and you will start a new one only next week, with another limited fixed budget. For gamblers having difficult to stop playing, it's better to never deposit more than the amount they set to use for the week, otherwise they will feel tempted to continue wagering with extra funds, even after losing the pre-determined amount.

I know Stake casino has a "vault", where gamblers can store their money, so it won't display on their balance. It can reduce the temptation a little bit, but if it's still not enough, it's really advisable to deposit only the amount which is going to be wagered on the week.

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January 16, 2023, 07:07:26 PM
 #5

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.
If you can remind that your main goal is for having fun, I believe you won't have a problem with your losses. This is the ultimate way to deal with your losses, you focus on getting entertainment and don't really care about the losses. As long as you use small money and it is limited money, you won't feel so hurt when you get losses. The complicated problem only rises when we use big money, even worse it is loan money. That's why only use the extra money and it must be money that can afford to loseWink


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January 16, 2023, 07:18:22 PM
 #6

I don't want things too deep. I handle losses the way I take the same response as when I experience big disappointments and regrets.

The losing amount is also a significant consideration. If that's a huge amount involved, then moving on might take time but on the other hand, if the loss amount is quite small and can be handled, then just a bit of taking a break from gambling will do the trick of how to move on.

Don't focus too much on ways how to handle losses but instead, try our best to build a good winning streak on every of our gambling sessions.

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January 16, 2023, 07:23:03 PM
 #7

It's the same disappointment from other turns and events of my life. Handling losses has been already part of my life and I'm sure that everyone does like being rejected and having a failure. It's not a different thing to majority of us because we know that it's something normal in life and mostly in gambling. It is to be expected that when we gamble, we know that there are only two things for its results, either you win or lose and having that mindset that you're expecting to loss is already a good sign that you're going to handle it well because the result isn't going to favor you.

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January 16, 2023, 07:38:43 PM
 #8

A loss is a loss and I expect it always when playing a casino games. Or to rephrase, I always have it at the back of my mind. So when it happens, I do not let it define how I feel or react to people are round me. When I experience a loss at an online casino, I simply log off and get busy. I do not stay there whining or feeling bittered. I learn from my losses I move on and because I have developed a discipline with gambling online I do not exceed my budget. We lose today, we win tomorrow or vice versa.

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January 16, 2023, 07:40:55 PM
 #9

In gambling losses are part of us but dealing with them is always different but in a way things are almost exactly the same thing to do and I always avoid this for the possibility of not chasing losses after I I got used to staying calm and not emotional.

There is always a limit that is set for gambling, not exceeding the capacity that is more than that, we even have a bankroll that is fixed, it must be guarded not to be added because you feel emotional when you lose.
So the point is for fun, we have to be responsible for the defeats we receive, even if I run out of money, it's fixed for gambling, then it will come back later after new money is set again, I feel this has to be handled properly and discipline so that it is not excessive that becomes your pressure.

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January 16, 2023, 07:58:13 PM
 #10

Yes, that accurately sums up the strategy you described. It is critical to develop and stick to a plan, avoid temptations, manage your physical and emotional state, and be aware of the influence of others. Furthermore, it is critical to remember that gambling is a form of entertainment, not a way to make money, and to gamble responsibly and within your means. It is also critical to be aware of the potential risks of excessive gambling and to seek help if you believe you have a gambling problem.
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January 16, 2023, 07:59:41 PM
 #11

I ensure my emotion is in check:

This is what im trying to check and see out whenever i do make myself having a gambling sessions or play on which i do always check out my emotion.On the time that i do on a scenario on which
losing streak is really that worst then i do completely stop midway and would really just handle the anger and frustration deep inside me.
Handling losses is really that hard considering that your main enemy would be your mindset which would be mainly be affected with your emotion and this is
where you should really be that mindful when it comes to this manner.

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January 16, 2023, 08:05:42 PM
 #12

I just move on, I look at my losses as no big deal because I am aware that whenever I engaged myself in gambling, there is a huge tendency that I will lose.  With that in mind, I only play with money that I can afford to lose to minimize the mental pressure from the effect of that losses. 

Also, I tend to have a short break so that if I start my gambling session it will be a refresher without any traces of thoughts or feelings of the previous losses.

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January 16, 2023, 08:11:59 PM
 #13

reading everything you wrote up to a certain point made me laugh a little because I always forget to drink water, so when I bet and I'm watching a game I feel like drinking water and I get irritated, and when I drink water and I go back to watching the game I play and I feel like peeing I get irritated again, that's why I even prefer to pee a lot hours before the game starts. about the precautions before placing bets, the only things I do is just analyze the games, then have a plan B in case I lose a bet and deal with the result of the bets normally, I understand that losing is part of the game for that reason why I don't get angry when I lose

I put it in my head that there will be another opportunity to win and make a profit, games are just fun, and the way I look at games, losing money is part of games. the only thing that makes me angry is when i'm watching the game and i have to stop to leave

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January 16, 2023, 08:15:46 PM
 #14

I just move on, I look at my losses as no big deal because I am aware that whenever I engaged myself in gambling, there is a huge tendency that I will lose.  With that in mind, I only play with money that I can afford to lose to minimize the mental pressure from the effect of that losses. 

Also, I tend to have a short break so that if I start my gambling session it will be a refresher without any traces of thoughts or feelings of the previous losses.

Same. The most important thing is not to play for sensitive amounts of money and to be distracted from gambling in time. When we get too deeply involved in something, it basically carries destructive tendencies, so we need to pause.
In fact, I even like pauses when, after bad betting sessions, I quit betting completely and my head is free to think about the odds and how which team will play their game.

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January 16, 2023, 08:17:08 PM
 #15

I only set a bankroll to play and that is the maximum I will spend on gambling for the week,usually 50-100 or max of 200 dollars.I have been a slot addict and I can proudly say that I am not an addict anymore,I have the courage to quit when I see that loses keep hitting me.I play sport betting now,it is easy to check here as you see your balance grow or shrink based on your performance.

I think in sport betting is much easier to keep track of the lost amounts but in slot machines is much more difficult,you need to continuously update an excel sheet to keep track of your lost amounts and I think this would be the best thing to do to keep track of our lost amounts,we can add deposits and withdraws there and it is easy to see the difference which in turn would be our profit or lost amount.

If you follow your emotions then there is no real escape,you will lose continuously money as emotions do not make us see the reality but show us a distorted one,the one we want to see.
If you could set your budget for gambling and stick to it, there would be no huge losses in gambling because you are only gambling your money that you can afford to lose. However, I would also say that if you are an irresponsible gambler and has no discipline when it comes to your expense, and you let your emotions control your mind, then you will always end up with possible losses than winnings from gambling.

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January 16, 2023, 08:23:32 PM
Merited by The Sceptical Chymist (3)
 #16

As you said it clearly that everyone has their ways of handling emotion. Yes that is true, and also what works for you might not work for another person, because everyone has their ways of thinking. Thick skins are differs. For letting your loss go as for me is an understatement, if you did not let it go, then what do you think you will do? beat up the casino bookmakers or arrest the company manager? My bother, in this case you don't have even a second thought on it, you just have to let it go because you have loss and the money can never return back to you, because that is where the casino company also make their legit money to pay another winner of the game. All the criteria you wrote are pre determine act before entering the casino you that you will not feel pain when it happened. So have a thick skin when losses
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January 16, 2023, 08:34:49 PM
 #17

As you said it clearly that everyone has their ways of handling emotion. Yes that is true, and also what works for you might not work for another person, because everyone has their ways of thinking. Thick skins are differs. For letting your loss go as for me is an understatement, if you did not let it go, then what do you think you will do? beat up the casino bookmakers or arrest the company manager? My bother, in this case you don't have even a second thought on it, you just have to let it go because you have loss and the money can never return back to you, because that is where the casino company also make their legit money to pay another winner of the game. All the criteria you wrote are pre determine act before entering the casino you that you will not feel pain when it happened. So have a thick skin when losses

i guess we all should wear that kind of skin so as not to be a trouble. for online casinos, the casino won't have any prob dealing their gamblers physically. usually, it is the online rant or complaint they need to address at. if you are just sticking to your budget, there won't be any prob after you lost it all. because for one, you are preparing yourself for that loss. remember, in gambling, you always go home more on the losing side rather than on the winning side. but if you know when to stop, maybe, you will go home as a winner even if it is not so big.

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January 16, 2023, 08:37:23 PM
 #18

We all handle emotions differently, also the way each of us admit our losses differs. I love playing dice and blackjack on my favorite casino and have never had a big win, but I make sure not to chase my loss if I lose. I have learned to deal with losses, it wasn't easy from the beginning, but it gradually became part of me over time.

Not everyone is good at letting go of their loss. I used a four way strategy to train myself into admitting my loss:


First I draw a plan of how much I am willing to risk for any bet:
I so much believe everything starts with a plan. To avoid been carried away by my loss or urge of trying more chances I first plan how much I'm willing to risk and if it goes I pause to try again when next I have made new budgets.

I make sure I don't pay attention to the leader board:
I try my best to avoid this board because it can be tempting and compelling seeing how much a user cashed out the hungry to try a little luck might make me go against my plan

I ensure I drink enough water to reduce risk of heat stress :
I won't want to be under any compulsion or stress after a loss, so I make sure I drink water to stay hydrated, and it helps manage my mood even if I lost.

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.

I avoid greedy friends
Friends play a big role in the character of a person. Someone who is never greedy can become greedy based on a friend's influence. I rather take a small win and walkaway than risk it all to lose even my win.

Keeping your emotions in check is definitely a good one, especially being able to properly re-assess your current mood over time - as if you're having a long session (like playing poker for example) then it's quite possible to start the day fresh, rack up a load of good wins, but then lose concentration and trail off the quality of your play. It can result in handing back all the money that you smartly made at the start. There can be many reasons for dropping the quality of your play, assuming you are in a skill based game not random, like not properly eating which cause your energy levels to drop or having tiredness/intoxication start to creep into your mind.

R


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January 16, 2023, 08:41:41 PM
 #19


First I draw a plan of how much I am willing to risk for any bet:
I so much believe everything starts with a plan. To avoid been carried away by my loss or urge of trying more chances I first plan how much I'm willing to risk and if it goes I pause to try again when next I have made new budgets.


This is the most important step imo. If you can't make a budget for gambling, then it means you are ready to risk everything you got. When you risk everything you got, sooner or later you will lose everything you got. It doesn't matter if you win at some point, you will keep playing because you'll think why not win more? then you will lose your winnings first then you will lose your savings.

If you make a budget first though, that won't happen to you.

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January 16, 2023, 08:50:08 PM
 #20

This is the best strategy, that will help you discipline you gamble life. I do have a monthly gambling budget,which I use for gambling and when I have exhausted it,I take it that gambling is over for that month. We should also not allow emotions control our gambling habit,or else,we will be tempted to chase our lost and this will lead to bankruptcy. Avoid gambling with funds for important purpose,only gamble with money that you can afford to loss,so that you don't get frustrated.
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January 16, 2023, 08:51:11 PM
 #21

~snip~

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.
This point is suitable and often used by me when I have lost a bet. For example, today I experienced a losing streak on every money I deposited to the site that I played several types of games. Three times I deposited, all three of them ran out or lost.
Because I still realised that this was just for fun, I stopped playing for today because there was an assumption that crossed my mind that luck was not in my favour.

Controlling and ensuring emotions are under control contains many interpretations as you said that each of us has our own way. But most players find it difficult to do so.

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January 16, 2023, 08:53:19 PM
 #22

When im losing then i could say that im already that numb enough for me to say that these things arent affecting me anymore.Unlike when im just still noob or totally new to gambling activity on which in each loss
where it do give up some pain and anxiety which it do causes for me to be that impulsive when it comes to losing situation but as time passes by on which im really getting used to it or something that not
shocking anymore.For sure with those experienced ones are really that into that situation where you do already got used to it and this is something a very common approach.
The important thing is that you do know on how to handle up your finances.

R


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crzy
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January 16, 2023, 08:54:17 PM
 #23

I just accept it and move on, losing in gambling is very normal and you should anticipate this before playing. Don’t stress yourself and stop making things more complicated, you can have peace of mind if you only gamble with your extra money and not the money not came from your savings or a borrowed money. We all have our own ways to deal with our losses, and I’d hope that we can still control our emotion and not being greedy.
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January 16, 2023, 09:06:03 PM
 #24

Forget it, why remember or regret the defeats that have occurred, what is clear is that defeat has become part of gambling that must be accepted gracefully, and make it a habit to always bet on the losers consistently so that when you lose you don't care about it.
and don't try to chase to win it back, usually losses are the result of a bad chase. If you have a job, stay focused on work, go somewhere you enjoy and spend time with friends and keep busy and get away from the casino for a while and I think it's very simple.

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January 16, 2023, 09:06:38 PM
 #25

First I draw a plan of how much I am willing to risk for any bet:
I so much believe everything starts with a plan. To avoid been carried away by my loss or urge of trying more chances I first plan how much I'm willing to risk and if it goes I pause to try again when next I have made new budgets.

Just doing the first thing in my opinion is enough, planning how much funds we will use to play whether for one day, week or month and must be consistent with the plans that have been made not to exceed the budget, and only use funds that we can afford to lose.

I avoid greedy friends
Friends play a big role in the character of a person. Someone who is never greedy can become greedy based on a friend's influence. I rather take a small win and walkaway than risk it all to lose even my win.
And in my opinion, this has nothing to do with gambling activities and people become greedy because they are indeed greedy, not because of the influence of friends.

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January 16, 2023, 09:07:53 PM
 #26

Handling your losses is a factor that will determine if you really have control over how you gamble, that is why we have the term chasing losses because people cannot handle it they want to play and play again to recover their losses because they cannot handle it.
In my case, I'm pretty good at handling my losses now after so many times chasing your losses, awareness of the consequences that you can experience what you've experienced in the past is a good awakening, experience is the best teacher when it comes to handling your losses, I just log out watch good movies or go out of and take something that will occupy my mind so I can forget those losses immediately.

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January 16, 2023, 09:13:18 PM
 #27

For me, acceptance is the key in handling my losses. Whether it is a big or small loss, accepting the fact that you have lost is the first step in moving on and letting it go. If I cannot accept it, I will always try to chase the amount until I am in a deeper hole and lose a lot more. It happened to me before and I learned from it. I used to gamble in roulette and chase my losses by doing martingale. But it does not work. One long loss streak and you will lose everything. So, I learned to move on and accept my loss. If ever it is a big loss, I will take away myself from gambling for a while and stop betting. This resets me and prepares me to make my next move in gambling.

It also helps that I have a fixed amount set for gambling. I do not over spend now since I can only spend the set amount.
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January 16, 2023, 09:19:16 PM
 #28

I've learned about taking a deep breath in any situation that I may get in and most specially, in situations like handling losses. Just like what you've said OP about taking enough water.

There's also the psychological and mental explanation why taking a deep breath in a tough situation like being in a losing streak really helps. I've learned that before and read it as an advise so I take it. And guess what? It's not just only helping me to handle losses but also to relax when the situation isn't that good outside gambling.

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January 16, 2023, 09:26:53 PM
 #29

First, it is expected to settle one fact before we set out to start gambling and that is to know when to turn down the urge to pull out losses when it happens,  some people don't have the balls to stand upto losses, and when it happens its result can be devastating on their emotional and mental health.

So I make sure I have a well planned out activity that will be a distraction abd fun seeking for me incase my bet goes wrong and i lose also I make sure I only bet with the amount I can let go if the loss happens.
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January 16, 2023, 09:30:37 PM
 #30

For me, acceptance is the key in handling my losses. Whether it is a big or small loss, accepting the fact that you have lost is the first step in moving on and letting it go. If I cannot accept it, I will always try to chase the amount until I am in a deeper hole and lose a lot more. It happened to me before and I learned from it. I used to gamble in roulette and chase my losses by doing martingale. But it does not work. One long loss streak and you will lose everything. So, I learned to move on and accept my loss. If ever it is a big loss, I will take away myself from gambling for a while and stop betting. This resets me and prepares me to make my next move in gambling.

It also helps that I have a fixed amount set for gambling. I do not over spend now since I can only spend the set amount.
There's nothing we can do and loss is a loss and never ever try to take those losses back because it would really just create that kind of desperation which is something that you dont really need up because it would pile up even more your losses and this is something that you dont really like for it to happen.This is why its better to move on and play on the amount which you had allocated for that particular session.Dont make yourself
get that been affected by much with anger and anxiety which we do gamble for fun and not to make it as a source of income and this is something that we should avoid at all cost.
Handle yourself in good control so that you wont really mess up even more.

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January 16, 2023, 09:37:34 PM
 #31

When you've failed emotionally it is impossible to handle your loss. The result comes to an end with the wallet getting emptied. Emotional failure can't be managed by any of the ways, and it is the one through which one gamblers loss huge funds. We should not let our gambling activities have an emotional connect. When you feel you're on the losing streak, just stop and take a break which is the best way.
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January 16, 2023, 09:39:46 PM
 #32

Not really sure for others, but for me, yeah, play with the money that you can afford to lose and that's is. If your bankroll is swept by the casinos then there's no need to deposit and chase that lost. And when I lost big, I just took a break from gambling and just take it easy for a day or two and just enjoy and have fun with your families and friends just to get rid of those negativity that you think because of your losses. And then it make me feel relax and so I don't have the emotions to get back again. As for the greedy friends, you should be in control and if your friends invited you for another session of gambling after your losses then you should learn how to say no, and admit to them that you just lost the previous days.

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January 16, 2023, 09:42:42 PM
 #33

Since I don't play regularly I always remember the first one on your list of managing the risk as always. Chasing losses will always end up to lose more since you're doing it emotionally instead taking breaks will not just minimize your loss but cool your head for some time.
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January 16, 2023, 09:47:50 PM
 #34

I don't gamble more than I can lose at a particular time so I don't really have big losses. I'm not a greedy gambler and I set how much I am to spend on bets each day. The problem comes when I get too greedy or should I say ambitious when I go over my limit. When this happens, I just move on like every other day. I blame myself for going over my betting limit but I console myself with "what if I had won".
It can get really frustrating when you loose money like that in gambling especially when it happens unnecessarily, that is why its essential to know that its a game of chance you're playing. Accept the loss and move on. One thing that lead to more losses in gambling is desperately trying to recover a loss. Sometimes when you've lost (big or small) you should just take a chill pill and give it a rest.
Always gamble what you can afford to lose

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January 16, 2023, 09:47:58 PM
 #35

First, it is expected to settle one fact before we set out to start gambling and that is to know when to turn down the urge to pull out losses when it happens,  some people don't have the balls to stand upto losses, and when it happens its result can be devastating on their emotional and mental health.

So I make sure I have a well planned out activity that will be a distraction abd fun seeking for me incase my bet goes wrong and i lose also I make sure I only bet with the amount I can let go if the loss happens.

Prevention is better than cure is what they say and that is what addict don't know and won't do because they are always interested in shooting for profit and don't care about how much they are losing until they run out of cash totally and get into depression. It is those who have less control of themselves that will chase losses until they are finally bankrupt.

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January 16, 2023, 09:50:18 PM
 #36

We all handle emotions differently, also the way each of us admit our losses differs. I love playing dice and blackjack on my favorite casino and have never had a big win, but I make sure not to chase my loss if I lose. I have learned to deal with losses, it wasn't easy from the beginning, but it gradually became part of me over time.

Not everyone is good at letting go of their loss. I used a four way strategy to train myself into admitting my loss:

snip
The way I deal with my losses is very simple, whenever I make a deposit at any casino I think of that money as being already lost, what matters is how I lose it, obviously losing everything in a single bet would be very painful, as a result I set myself a maximum bet at a very low level and whenever I gamble I set a limit in terms of the money I can lose on that session and the amount of time I will gamble, and by following these simple steps I have been able to handle my losses without too much of a problem.

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January 16, 2023, 09:57:32 PM
 #37

In gambling dealing with losses has to do with ones psychology, once you have a locus of control of your psychology to accept defeat when it comes in form of losses in your bets then you see yourself not bothered about losing, every gambler had to understand that it's either you lose or win don't be one sided in your expectations while staking your bets in that way you're already prepared for the worse or good results.
The way we don't take winning personal when we win it's same way we shouldn't take losing personal too when we loss or losing, for there's always another day to try again. With this ideology in mind you're in full control.

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January 16, 2023, 09:58:36 PM
 #38

The way I deal with my losses is very simple, whenever I make a deposit at any casino I think of that money as being already lost, what matters is how I lose it,
Wow, really! Like, you deposit and see it for a lost fund? I literally didn't see that coming but, that could work. You already tricked your mind to the acceptable of a likely outcome and with that, you don't get no surprises if you happen to lose. That way, you could achave fun playing but, why being concerned about the way its lost if upon deposit, you already have your conviction on a lose? It shouldn't matter. For me, If I were to look at the way, it would be in terms of having the casino or sportbook confiscate my fund. That wouldn't be funny because, I never got the chance to even gamble and have fun with it.

Managing lose for me, I see it like the price I have to pay for the fun am having in taking that bet and should I win, I see it for a lucky day and some reward as to how well I know the game. Dead simple!

R


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January 16, 2023, 10:00:32 PM
 #39

Personally, I am not too into gambling, but my two hilarious friends usually motivate me to gamble, and when we are gambling, we usually crack jokes and make fun of ourselves, and you don't even think about your losses. 

But I still have some memories of my early days in sports betting. I would place a bet on some team, and perhaps if the match were tomorrow, I would already be calculating in my mind where I was going to spend the money I was expecting to win. But often times, I end up losing those bets. It usually makes me sad and also makes me take a false decision of not betting again, but after my emotions calm, I go back to betting. 

Three things I have learned about handling my losses maturely are:

1: I usually gamble with my friends because I realize the fun we usually have in the process of betting, is what makes me not even feel my loses. 

2: I don't gamble without making a budget of what I am willing to gamble off, so even if I lose all the money I budget, it's already been decided before I started gambling.

3: I don't only feed my mind with the thoughts of wins, so that any time I lose, I remind myself that that's what I'm in for.

There is one little problem I am battling with, although it is nothing much. Any time I am out gambling, some times I win a lot, even more than the budget I set for that day loss, but at the same time, I end up gambling off everything I won, and by the time I am done gambling that day, I keep on blaming myself for not just stopping gambling after winning until I have lost all my winnings again. Is there someone who encounter such thing feeling?

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January 16, 2023, 10:04:37 PM
 #40

I just go with it. Nothing will really change even if I start yapping about the losses. First and foremost I started to gamble because I wanted to kill time, nothing else. I spent over $900 in dice in a single year for playing 48 weeks straight of pure losses and no regrets. I just think of it as 'paid entertainment' at this point and the losses become easily bearable. Also, I only spend what I afford to lose, and I think $20 a week isn't so bad to lose on gambling alone as long as I keep myself entertained.

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January 16, 2023, 10:13:46 PM
 #41

I just move on as if nothing ever happened after all the money I use in betting as my spare cash I would never ever dare to use from my savings. So when ever I loss a bet I just think of it same was I do when I loss my money on the highway either by not placing it properly in my wallet/pocket or when it falls from my hands.

Trying to look for ways to handle your losses might even turn out to be a bigger problem because during this process you will have to think about your losses rather than to let it go.

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January 16, 2023, 10:15:19 PM
 #42

You should moved on because there's nothing you can do once you do loss money, important here is that you shouldn't really chase up your losses because it would make situation gets more worst.

Handling losses might sounds easy but when you are on the actual situation then it is really that hard for you to say that you could handle your emotions on that particular time.Most of the time people would really

be having that revengeful feeling or approach when it comes to their gambling activity.If you do tolerate out that kind of feeling or emotion then it would really be resulting
into more problems which is really that a common condition.

R


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January 16, 2023, 10:22:31 PM
 #43

Betting actually requires self-control, and I appreciate how you laid this out. It's true that planning a strategy is not always simple because you will want to stake a larger sum of money because you are confident you will win, and one major issue I have is greed. This is one of the main issues you encounter, especially from friends, which is why I hardly trust people's judgment in any game.

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aioc
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January 16, 2023, 10:27:07 PM
 #44

The art of moving on is something you should be good at handling especially in gambling, not accepting your losses is high-risk behavior

Its a sign of gambling addiction and no control over your behavior, or your money, and this is a sign of a chronic gambler when you can't accept defeat and handle losses it's better you have someone to look after you and remind you when to stop, in the past, I cannot accept my losses I always remember for days until I get to winning, it's risky but learned my lesson, after a series of losses I just hang out with friends or do something offline like cleaning and fixing my motorbike or go on a long ride, these two works for me.

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January 16, 2023, 10:36:28 PM
 #45

No alcohol
I make hasty decisions if i am not sober and if i have taken any alcohol i stop being realistical, i don't feel fear and make huge risks just to feel more rush.

Long walks
I need to cool down if i have lost money. Even when i am playing for fun it gets on my nerves and i end up playing like a lunatic if i don't cool off.

Don't play more money have originally planned to
I always keep a strict budget that i follow all the time. I don't play more this week by telling myself i am using next weeks budget or something like that. Not even if there would be sure bet would most likely win.

Having other activities i can replace gambling with
I have a hobby that has nothing to do with gambling and i fill rest of my week with that if i have used my budget for that week. One of the hobbies is gaming with my pc. It's so close to the feeling i get from gambling that i mostly do just that. Or if i want to test new slots or something, i am doing that with play money.


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January 16, 2023, 10:50:23 PM
 #46

No alcohol
I make hasty decisions if i am not sober and if i have taken any alcohol i stop being realistical, i don't feel fear and make huge risks just to feel more rush.

Long walks
I need to cool down if i have lost money. Even when i am playing for fun it gets on my nerves and i end up playing like a lunatic if i don't cool off.

Don't play more money have originally planned to
I always keep a strict budget that i follow all the time. I don't play more this week by telling myself i am using next weeks budget or something like that. Not even if there would be sure bet would most likely win.

Having other activities i can replace gambling with
I have a hobby that has nothing to do with gambling and i fill rest of my week with that if i have used my budget for that week. One of the hobbies is gaming with my pc. It's so close to the feeling i get from gambling that i mostly do just that. Or if i want to test new slots or something, i am doing that with play money.


that to is my point - I go either for a long walk or a hike.
The hiking take aways all my stress and it makes me fresh - or I got to sleep or watch a movie or go out for a cup of tea or coffee.

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January 16, 2023, 10:54:44 PM
 #47

The way I handle loss is to play bet and to give break for sometime and also playing with the amount you can't afford to lose.  Greed is the most deadly when it comes to gambling.
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January 16, 2023, 10:56:13 PM
 #48

I got to sleep or watch a movie or go out for a cup of tea or coffee.
Buying yourself a cup of coffee or tea when you lose is a great treat. Even if you're on the verge of losing more, all you have to do is to sip some of it.
I like flavored drinks and that's really helping me when my mood isn't that great and the gambling results aren't favorable and good.
That's a stress reliever and everyone does have their way of releasing the stress hormones that are due to losses.

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January 16, 2023, 11:24:34 PM
 #49

I got to sleep or watch a movie or go out for a cup of tea or coffee.
Buying yourself a cup of coffee or tea when you lose is a great treat. Even if you're on the verge of losing more, all you have to do is to sip some of it.
I like flavored drinks and that's really helping me when my mood isn't that great and the gambling results aren't favorable and good.
That's a stress reliever and everyone does have their way of releasing the stress hormones that are due to losses.
Maybe you're good at handling your losses. Most of the time users after loss tries to retain their normal living with the sip of tea or coffee. Whenever we feel like losing, taking a sip of coffee or tea will give some relaxation to the mind and lets us decide whether to run behind the loss or not. Most of the time we never try to analyse the reason for loss and just go behind the loss, which ends with massive loss.

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January 16, 2023, 11:31:11 PM
 #50

OP has some points to follow after a loss, which means it's a stressful situation for him. I don't need such a plan because I don't approach gambling like that. Before I bet I usually acknowledge a loss before it happens, I get myself ready that the money I have on the account may disappear. There are 2 things that make me feel calm while gambling. One of them is gambling with very low money, usually with the money I get for free in the form of giveaways, bonuses, signature campaign payments. The other is saying goodbye to my money before I place the bet. This way a win is a nice surprise and a loss is an expected result.

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January 16, 2023, 11:37:18 PM
 #51


If losses are stressful for you, then stopped doing gambling. What's the point?

The fact that you need to undergo lots of things just to handle your losses, that's a problem already.

No offense but gambling is not for the weak. If experiencing struggles to bounce back after a loss then gambling it's not for you.

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January 16, 2023, 11:42:55 PM
 #52

I can't help but laugh a little, however these are actually some pretty good suggestions.  I only say that I laugh because I do realize there are people out there that could really use helpful information such as staying hydrated.  I would just hope that most people are smart enough to realize that if they are seriously getting dehydrated while gambling, like it being an ongoing issue, that they should probably just stop gambling all together.

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January 16, 2023, 11:46:09 PM
 #53

Cant say no alcohol because where is the fun in that but be aware it can compromise judgement which is part of what makes the main number one rule quite essential and simple in its idea.  Number one rule is keep a daily budget for gambling and dont go past it, reduce your bet size if required to last however long you want to bet but dont exceed the total spend for want of chasing a streak or trying to recover losses.   Most simple and important rule and if you are drunk a little bit then its just part of the fun and you only lost that days bet budget.     Tomorrow is another day, luck can change but give it a chance and come back for next round another time is my best advice and experience. Smiley

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January 16, 2023, 11:54:35 PM
 #54

Number one rule is keep a daily budget for gambling and dont go past it, reduce your bet size if required to last however long you want to bet but dont exceed the total spend for want of chasing a streak or trying to recover losses. 

Is there really a thing called daily budget in gambling? It's impossible that the majority of gamblers will be able to comply with that.

The best thing would be, in a current session, if results are that bad, then don't chase that luck but instead take a break in the meantime.

Having a set budget for gambling will just sometimes lead to creating more temptation to continue gambling especially when losing streak.

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January 16, 2023, 11:57:01 PM
 #55

I don't need to handle my losses.

Just be a man to accept defeat and move on.

It's not the end of the world for us as there's always a chance to return and start doing things right. Gambling is really associated with luck that's why instead of thinking about how should we deal with our losses, let's make it to the point not experience big losses anymore.
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January 17, 2023, 02:45:58 AM
 #56

Trying to look for ways to handle your losses might even turn out to be a bigger problem because during this process you will have to think about your losses rather than to let it go.
There's nothing wrong with looking for other ways to deal with your own losses because not every gambler can consistently move on whenever they're on the losing side.

Is there really a thing called daily budget in gambling? It's impossible that the majority of gamblers will be able to comply with that.

The best thing would be, in a current session, if results are that bad, then don't chase that luck but instead take a break in the meantime.

Having a set budget for gambling will just sometimes lead to creating more temptation to continue gambling especially when losing streak.
I also agree that it's good to take breaks but it's even better if you can apply both of them. I guess having a budget would be more applicable to sports betting since most gamblers don't place a lot of bets throughout the day but still having a daily budget is like putting a reminder that you're only supposed to spend up to a specific amount so it's still good than to not have any.

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January 17, 2023, 02:55:54 AM
 #57

If I lose at gambling, let alone lose in a row, I have to leave the gambling game immediately before everything falls apart.
I could be triggered to use or even deposit another money to recover my previous losses.
It had happened to me before, and I didn't want it to happen again, so I had to control myself.
This was really hard at first when I played gambling, but if I didn't learn to control it, I wouldn't be able to leave gambling like it is now if I had lost before.

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January 17, 2023, 03:25:54 AM
 #58

Personally, if I have some cash left I'll switch game. It keeps me balance to think differently and focuses my brain on winning again. I've noticed that continuously playing a game while losing can leave an instinct that you lose again. So, tackling my losses won't be to stop gambling or calm my nerves down, such idea wouldn't stop me from losing further bets.


If losses are stressful for you, then stopped doing gambling. What's the point?

The fact that you need to undergo lots of things just to handle your losses, that's a problem already.

No offense but gambling is not for the weak. If experiencing struggles to bounce back after a loss then gambling it's not for you.

It's common amongst players, win or lose makes up the game and the question is focused on one side. How do you handle your winnings questions rarely or doesn't pop up because the casino has to worry about it alone, when one win they'll forget to bother about it. Same way should be applicable to losses, it's a game and one term shouldn't be considered painful than the other. When a player is losing, the casino is winning and vice versa. Though, people differs and are in the game for different purposes, they can't avoid losses, so they'll need a way to calm things down maybe the gambled money was not meant to be gambled. I think that's the purpose for the thread. Players against Casinos.

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January 17, 2023, 03:32:26 AM
 #59

I have experienced the highest of the highs and the lowest of the lows when it comes to betting on sports.

I am talking six figure wins and six figure losses.

My three most important rules are;

1 - NEVER chase your losses.
2 - NEVER bet with emotion
3 - NEVER bet what you can't afford to lose.

I hope that helps. Smiley
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January 17, 2023, 03:56:56 AM
 #60

We all handle emotions differently, also the way each of us admit our losses differs. I love playing dice and blackjack on my favorite casino and have never had a big win, but I make sure not to chase my loss if I lose. I have learned to deal with losses, it wasn't easy from the beginning, but it gradually became part of me over time.

Not everyone is good at letting go of their loss. I used a four way strategy to train myself into admitting my loss:


First I draw a plan of how much I am willing to risk for any bet:
I so much believe everything starts with a plan. To avoid been carried away by my loss or urge of trying more chances I first plan how much I'm willing to risk and if it goes I pause to try again when next I have made new budgets.

I make sure I don't pay attention to the leader board:
I try my best to avoid this board because it can be tempting and compelling seeing how much a user cashed out the hungry to try a little luck might make me go against my plan

I ensure I drink enough water to reduce risk of heat stress :
I won't want to be under any compulsion or stress after a loss, so I make sure I drink water to stay hydrated, and it helps manage my mood even if I lost.

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.

I avoid greedy friends
Friends play a big role in the character of a person. Someone who is never greedy can become greedy based on a friend's influence. I rather take a small win and walkaway than risk it all to lose even my win.



My most annoying losses comes when I feel or assume that I have greater chances of winning the game. I experienced most of this in the last world cup in Qatar due to the numerous unpredictable game results. Listening to my favorite songs would be my best option to handle my losses. It helps to distract my attention from the game. Watching a good movie is also another good option to cool off the pain and anxiety. But like you rightly pointed out, greed is one of the catalyst that fuels unacceptable behavior after a loss. Hence, it is adviceable  to bet moderately so that one wouldn't lose more than he can bear.

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January 17, 2023, 04:32:55 AM
 #61

I have experienced the highest of the highs and the lowest of the lows when it comes to betting on sports.

I am talking six figure wins and six figure losses.

My three most important rules are;

1 - NEVER chase your losses.
2 - NEVER bet with emotion
3 - NEVER bet what you can't afford to lose.

I hope that helps. Smiley

Your personal rules are good, I may add it to my strategy for me to become more better gamber. We all know that gambling can be a popular pasttime where it can be fun and exciting but it also comes wit risks which lead to financial problem without handling it very well. Anyone who play slots, blackjack and crash in different online gambling site knows that gambling can lead you to lose a lot of money and it can lead to problem rearding responsibilities like paying bills because of the losses.

Losing money because of gambling is very upsetting and depressingm but there are things that we can do to make our gambling losses less painful and for us to move on quickly to the losses that we incurred. One of the ways that I always do after my losses is I the acceptance stage where I keep telling myself that I accept the money that I lose. I'm aware that I can't win all the time and it is the reason why I can quickly overcome it.
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January 17, 2023, 04:48:58 AM
 #62

It's not hard for me to handle losses when I gamble. Because right before I start playing, I already set in mind to have less expectation, to already consider i'm going to lose since I didn't gamble in the first place to win (though it would be great if it happened), I mainly gamble to entertain myself. Moreover i'm not using a huge amount for gambling, it's only my spare money that I can live without, the reason why losing is not something that can make me depress. So if I lose, I move on and do an activity to forget everything.

Anyway, we have different ways when we are handling our losses but whatever it is, keep in mind a gambler who have discipline can manage the defeat because he is aware of the risk and the consequences when he gamble his money.

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January 17, 2023, 05:04:34 AM
 #63


Your personal rules are good, I may add it to my strategy for me to become more better gamber. We all know that gambling can be a popular pasttime where it can be fun and exciting but it also comes wit risks which lead to financial problem without handling it very well. Anyone who play slots, blackjack and crash in different online gambling site knows that gambling can lead you to lose a lot of money and it can lead to problem rearding responsibilities like paying bills because of the losses.

Losing money because of gambling is very upsetting and depressingm but there are things that we can do to make our gambling losses less painful and for us to move on quickly to the losses that we incurred. One of the ways that I always do after my losses is I the acceptance stage where I keep telling myself that I accept the money that I lose. I'm aware that I can't win all the time and it is the reason why I can quickly overcome it.

I understand what you're saying. Sometimes we can get carried away and lose a lot of money and then chase that money. The problem is you are now betting with emotions and your risk appetite has increased significantly leading you to do things you normally wouldn't.

Feel free to DM me if you need any advice/tips. I have done it all and seen it all. Smiley
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January 17, 2023, 05:16:04 AM
 #64

I handle my losses well. For many years I have been betting in a very rational way, small amounts that I can afford to lose.

Although I recognise that this is not the most common thing to do and that even people who bet responsibly often go over budget.

For me, being aware of the mathematics of the game you are playing is fundamental, as well as being clear about the difference between short-term and long-term results. That way, your emotional side, which is the one that often leads you to do crazy things, is kept more in the rearguard.

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January 17, 2023, 05:20:12 AM
 #65

We all handle emotions differently, also the way each of us admit our losses differs. I love playing dice and blackjack on my favorite casino and have never had a big win, but I make sure not to chase my loss if I lose. I have learned to deal with losses, it wasn't easy from the beginning, but it gradually became part of me over time.

Not everyone is good at letting go of their loss. I used a four way strategy to train myself into admitting my loss:


First I draw a plan of how much I am willing to risk for any bet:
I so much believe everything starts with a plan. To avoid been carried away by my loss or urge of trying more chances I first plan how much I'm willing to risk and if it goes I pause to try again when next I have made new budgets.

I make sure I don't pay attention to the leader board:
I try my best to avoid this board because it can be tempting and compelling seeing how much a user cashed out the hungry to try a little luck might make me go against my plan

I ensure I drink enough water to reduce risk of heat stress :
I won't want to be under any compulsion or stress after a loss, so I make sure I drink water to stay hydrated, and it helps manage my mood even if I lost.

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.

I avoid greedy friends
Friends play a big role in the character of a person. Someone who is never greedy can become greedy based on a friend's influence. I rather take a small win and walkaway than risk it all to lose even my win.



My most annoying losses comes when I feel or assume that I have greater chances of winning the game. I experienced most of this in the last world cup in Qatar due to the numerous unpredictable game results. Listening to my favorite songs would be my best option to handle my losses. It helps to distract my attention from the game. Watching a good movie is also another good option to cool off the pain and anxiety. But like you rightly pointed out, greed is one of the catalyst that fuels unacceptable behavior after a loss. Hence, it is adviceable  to bet moderately so that one wouldn't lose more than he can bear.

This was also my feeling in which i thought this bet is a sure bet like 80%  chance of winning which having an over confidence but turns out not . If this kind of feeling will struck me I tend to not bet because being over confident is you will also increase your bet means huge of losses. It is really advisable that you should bet what you can afford to lose and if we can control our self the better
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January 17, 2023, 05:54:56 AM
 #66

Just yesterday, I just lost a small amount of money betting into sports.
I felt nothing about that loss. Why?

It all comes to self control and discipline. If you think that the money you put into gambling has a high chance that it will be gone then you will not feel anything about it. After all, it all comes to how disciplined you are and maybe how emotionless you are Cheesy.

How do I handle my losses? It's very simple. Whenever I loss to my bets in gambling, I simply play online games while my disappointment towards it is gone. Some gamblers are doing bad things whenever they lost money in gambling, but not for me. I'm just thinking from the start that the money I put has a large chance that will be gone and I just accept it. I only gamble to add some excitement while watching sports games.

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January 17, 2023, 05:57:52 AM
 #67

I handle my losses well. For many years I have been betting in a very rational way, small amounts that I can afford to lose.
admiring people who gambles but stay having this attitude, because we can win of course but majority will be losing and our precious price is Enjoyment.
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Although I recognise that this is not the most common thing to do and that even people who bet responsibly often go over budget.
that is when desire get over our willingness , and i have experienced this several time before.
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For me, being aware of the mathematics of the game you are playing is fundamental, as well as being clear about the difference between short-term and long-term results. That way, your emotional side, which is the one that often leads you to do crazy things, is kept more in the rearguard.
and also being aware of what you may become if not treating gambling fairly.

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January 17, 2023, 06:13:38 AM
 #68

The plan is to stay with the "budget".
Chasing losses mostly end up with more losses because you cannot think clearly anymore.
I do sports gambling so it's easier, Once the game ends I usually stop, I don't seek other sports that I have no clue about and just bet blindly. I also learned my lesson from casino games because it's always accessible, you can play anytime, 24/7 which means the urge to chase the losses is available.
I don't like being in that position so I switched to a gambling hobby that would end today and the next time I can bet will be tomorrow.
It actually works so now I can forget about the losses and the next day will be a fresh one.

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January 17, 2023, 06:14:57 AM
 #69

Do not track wins and losses in gambling, because you will lose your mind. I used to calculate all my wins and losses and I wanted to give up gambling, because my losses acceded my wins by a huge margin.  Roll Eyes

You just accept that gambling are based on luck and that it is a form of entertainment... so a reasonable amount of losses, should be accepted. (Are you counting all the money spend on Movie tickets or take-away in a year?)

Write it off as entertainment and just enjoy it.... if it is not fun anymore... stop!

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January 17, 2023, 06:28:29 AM
 #70

We all handle emotions differently, also the way each of us admit our losses differs. I love playing dice and blackjack on my favorite casino and have never had a big win, but I make sure not to chase my loss if I lose. I have learned to deal with losses, it wasn't easy from the beginning, but it gradually became part of me over time.

Not everyone is good at letting go of their loss. I used a four way strategy to train myself into admitting my loss:


First I draw a plan of how much I am willing to risk for any bet:
I so much believe everything starts with a plan. To avoid been carried away by my loss or urge of trying more chances I first plan how much I'm willing to risk and if it goes I pause to try again when next I have made new budgets.

I make sure I don't pay attention to the leader board:
I try my best to avoid this board because it can be tempting and compelling seeing how much a user cashed out the hungry to try a little luck might make me go against my plan

I ensure I drink enough water to reduce risk of heat stress :
I won't want to be under any compulsion or stress after a loss, so I make sure I drink water to stay hydrated, and it helps manage my mood even if I lost.

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.

I avoid greedy friends
Friends play a big role in the character of a person. Someone who is never greedy can become greedy based on a friend's influence. I rather take a small win and walkaway than risk it all to lose even my win.

When a gamblers place bets uncontrollably, there is potential for huge losses. It may be financially or physically. But since profit and loss are very common in betting, a gambler has to take these two things very seriously. Both high gains and losses affect a gambler. But when a gambler bets more than he can afford to lose, his losses can affect him greatly. A bettor must think of loss first before betting. If he thinks he is in a position to recover that loss, he can bet. A good gambler can only become a good gambler when he can naturally control his big losses.

A gambler can be influenced in many ways. Like through his friend or someone else but in that case the gambler has to control himself. There is no place for emotion in gambling. Gamblers need to raise awareness of such things.

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January 17, 2023, 07:16:12 AM
 #71

Do not track wins and losses in gambling, because you will lose your mind. I used to calculate all my wins and losses and I wanted to give up gambling, because my losses acceded my wins by a huge margin.  Roll Eyes

You just accept that gambling are based on luck and that it is a form of entertainment... so a reasonable amount of losses, should be accepted. (Are you counting all the money spend on Movie tickets or take-away in a year?)

Write it off as entertainment and just enjoy it.... if it is not fun anymore... stop!
Some people are calculating gambling budget and set it up in different ways to decrease their losses. If you can handle it mentally it can be beneficial. But I think you are pretty much right, if people keep thinking about their total losses they would probably lose their mind. Average gambler is probably in net loss (its reason why gambling business is profitable)
I also think spending time with family and also friends is awesome thing to stop thinking about your finances. People wouldnt mind your losses if they are sincere relatives.
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January 17, 2023, 07:19:15 AM
 #72


I avoid greedy friends
Friends play a big role in the character of a person. Someone who is never greedy can become greedy based on a friend's influence. I rather take a small win and walkaway than risk it all to lose even my win.



Lucky that I have no sets of friends with this attitude ,  most of my friends are just for happiness in enjoying because all of gambling friends has their self control and has a good family that makes them best in their decisioning .

greedy attitude is always the way to lose and many of us have seen this happening .

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January 17, 2023, 07:27:25 AM
 #73

It's your problem if you take gambling so seriously, it's a game of fun to me that's why I always gamble with very small amounts of money and if I win I take out my initial amount and have fun with the rest, the emotional and greed side of gambling is something I can't deal with on my own, so the only way is to derive pleasure and fun out of it.

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January 17, 2023, 07:43:07 AM
 #74


I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.

This makes more sense, after all, gambling will not make us rich quickly, on the contrary, it can make us lose more quickly, losing a lot of money, so winning at gambling is not winning in the sense of getting a lot of money there, but being able to control ourselves also changes the feeling of defeat. as usual, when we can do that, that's a real victory

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January 17, 2023, 08:06:13 AM
 #75

I will tell that it's really hard to handle losses, even if you think you have control of your emotions, it's very different if you are into it and trying to win unfortunately, lady luck is not on your side. Probably the best approach is to really just play the money that you can afford to lose and if you by chance didn't win then just shut it down and never thing of playing again. And just go away in the next couple of hours and best couple of days just to get away from the thought of gambling again and trying to recover what you have lost the previous days.

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January 17, 2023, 08:29:58 AM
 #76

Even though I gamble with the amount I am ready to lose, the amount I mentally has already "spend", it always hard for me to hand stress after a loss. After a huge loss, I feel worried for couple of days, and remember the amount lost for months. Specially if that was a an altcoin, and it has gained. Cant help myself from checking the growing amount I could have get Cheesy In such situation, for me he best cure is to switch attention to something completely different or get loaded with work. That usually helps.

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January 17, 2023, 08:32:31 AM
 #77

Yeah, those are some great strategies for dealing with losses in gambling. I'd like to share some of mine

Personally, I like to set a specific time limit for my gambling sessions. For me, I've found that limiting myself to only 2 hours of gambling at a time and not gambling on weekdays has helped me to stay disciplined and in control. It's not always easy, and it's taken me a while to get to this point, but by consistently sticking to this schedule I've been able to keep my gambling habits in check. It takes time, patience, and determination to be able to control oneself, but it's definitely worth it in the end.

Another tip for me is to only use a set amount of money for gambling. If I lose that money, I stop and don't try to chase my losses. It takes a lot of discipline to stick to this, but it's important to not let gambling take over my finances

I also make sure to spend time on other hobbies that help me stay focused and creative, like reading or playing sports.  I read for 1 hour before sleep and run 5 miles in the morning mostly every day. Sporting makes us higher than gambling.

Another important aspect for me is prioritizing my family and relationships. They are the most important factor in my overall happiness and well-being. I make sure to spend quality time with them, whether it's having dinner together or going on a trip. I believe that having a strong support system and maintaining healthy relationships can greatly impact our overall mental and emotional state, which in turn can help us make better decisions when it comes to gambling

That seems like a very healthy set of strategies you have here and by reading through I think that the main focus we all can learn from is to have other important things in life that don't involve money and gambling. Setting a fixed time and money amount for gambling is also my main strategy to keep in control of my casino habits. Without having a fixed framework I spent too much time and money in the past with gambling. Already back in high school I was struggling with not a strong discipline, always leaving all my work till the last hour before the deadline. That is why I also need fixed rules on what to do when face a losing streak. Taking a break is necessary to clear my mind and I think this year I will also try to focus on other hobbies. Sport is a great idea that is also one of my New Year resolutions to be more healthy, so whenever facing a losing streak it's a good plan to focus on sport instead. Also you are right that family and friends are the most important thing in life, we should not be putting gambling above our own family. Being emotional stable in our relationships will help to remain calm when gambling and deciding on which risks to take.
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January 17, 2023, 08:40:30 AM
 #78

It's your problem if you take gambling so seriously, it's a game of fun to me that's why I always gamble with very small amounts of money and if I win I take out my initial amount and have fun with the rest, the emotional and greed side of gambling is something I can't deal with on my own, so the only way is to derive pleasure and fun out of it.
Gambling with small amount is indeed what we mostly do not because we wanted to play for fun but because we only has limited funds to use and admit it , that is the reality  Grin , there are so much telling that they only gamble for fun so meaning you need no money to win ?


I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.

This makes more sense, after all, gambling will not make us rich quickly, on the contrary, it can make us lose more quickly, losing a lot of money, so winning at gambling is not winning in the sense of getting a lot of money there, but being able to control ourselves also changes the feeling of defeat. as usual, when we can do that, that's a real victory
and also if emotion will be there? better to be a Happy emotion and not a desperate one in which will turns out to be more risky and a chance of chasing losses.









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January 17, 2023, 08:51:21 AM
 #79

and also if emotion will be there? better to be a Happy emotion and not a desperate one in which will turns out to be more risky and a chance of chasing losses.
If people can control their emotions, it means they have won the gambling game. I think winning is not just talking about money, but controlling oneself in gambling is the most important thing. Having fun playing gambling to divert emotions is also important.

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January 17, 2023, 09:04:26 AM
 #80

@OP you're wrong, it's not about how to handle your losses, but you need to handle your purpose in gambling.

You should remember, the purpose of gambling is for fun and not to chase money, so if you're making profit or losses in the end, you wouldn't blame yourself with the result. When your purpose to gamble is to make money, when you're losses, you wouldn't happy and will try to do anything in order to make you satisfied, this can be gamble more or using drug or drink a lot alcohol.

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January 17, 2023, 09:19:56 AM
 #81

~
I avoid greedy friends
Friends play a big role in the character of a person. Someone who is never greedy can become greedy based on a friend's influence. I rather take a small win and walkaway than risk it all to lose even my win.

I like your strategy, and although it can be different for different people, there's always something they can borrow from one another. For example this part about greedy friends, it is so true, but not every gambler understands it. Indeed, often it's not you but your friends who are pushing you to "recover your losses" or to "win more because it's "your day"". Avoiding such friends is a good idea for properly handling your losses.

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January 17, 2023, 09:25:34 AM
 #82

We all handle emotions differently, also the way each of us admit our losses differs. I love playing dice and blackjack on my favorite casino and have never had a big win, but I make sure not to chase my loss if I lose. I have learned to deal with losses, it wasn't easy from the beginning, but it gradually became part of me over time.

Not everyone is good at letting go of their loss. I used a four way strategy to train myself into admitting my loss:
Maybe in the last 2 months and early this year I still haven't found a point of certainty in gambling. So, in this context, I only play Pragmatic Play Slot Games and that happens in many of the games I play. no wins i have had in the last 2 months and its very sad. when referring to losses maybe that's not a small amount to say. Now back to the discussion where we have to deal with losses and of course that is an important point not to be stressed in my mind.

so the main thing I do is not play Slots under pressure to recoup existing losses. Not chasing a bigger multiplier and targeting every capital I spend should be able to achieve 10% wins in every Game I play and in that case if it is achieved I will stop playing for now.

greedy and emotional are often points that can trigger a change of mind in making decisions. It's hard to beat bookie.

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January 17, 2023, 09:59:06 AM
 #83

We each have our own mindset, and some of those suggestions will not work for us. But I noticed in myself that to cater my losses, I have to ride my motorcycle for 20–30 minutes or have a drink with a beer that can ease my mind because I am the kind of person that, whenever I have something that I need to solve, I don't sleep as long as I haven't solved it. It is the same when I am losing; I want to win it back, but I am glad that it didn't happen to me as I am just a casual player who only plays with small money and rarely.
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January 17, 2023, 10:27:11 AM
Last edit: January 17, 2023, 11:43:34 AM by EarnOnVictor
 #84

@OP you're wrong, it's not about how to handle your losses, but you need to handle your purpose in gambling.

You should remember, the purpose of gambling is for fun and not to chase money, so if you're making profit or losses in the end, you wouldn't blame yourself with the result. When your purpose to gamble is to make money, when you're losses, you wouldn't happy and will try to do anything in order to make you satisfied, this can be gamble more or using drug or drink a lot alcohol.
There is nothing wrong with what the OP has explained and even with the meaning he/she wants us to relate to what it wrote, you are only claiming the same thing from a different view. Handling/managing emotions and losses, and maintaining a responsible gambling lifestyle that will help are still striving towards the same goal.

Anyone could proffer any solution to his problem to cut loss and perhaps increase earnings, it does not matter how it looks to others so long as it's working for the person.

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January 17, 2023, 10:37:04 AM
 #85

Quite a lot of things are applied subtly in a casino in order to make you gamble more and more. This includes rakebacks, bonuses and VIP stuff which make you envy others and play more feeling like a king in your own sphere.

Point is that one gambles to have fun but doing it as a compulsion is the problem here. Being protective about loses which could be corrected is good thing but dont expect to foresee all mistakes because it is gambling. If you feel it becoming a compulsion then you need to stop gambling and look for professional help.

Therefore handling losses beings from even before gambling, either dont gamble at all or limit the budget kept for gambling to a fixed amount.

R


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January 17, 2023, 10:40:05 AM
 #86

Therefore handling losses beings from even before gambling, either dont gamble at all or limit the budget kept for gambling to a fixed amount.

This should be the rule number one, to know how to manage bankroll. But the fact that gambling gives quite easy, fast and cheap (in terms of effort) shot of adrenaline, makes you spend more and more. It is similar like with shopping - paying with card you spend more then paying with cash, as you do not realize the flow of money.

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January 17, 2023, 10:46:22 AM
 #87

We each have our own mindset, and some of those suggestions will not work for us. But I noticed in myself that to cater my losses, I have to ride my motorcycle for 20–30 minutes or have a drink with a beer that can ease my mind because I am the kind of person that, whenever I have something that I need to solve, I don't sleep as long as I haven't solved it. It is the same when I am losing; I want to win it back, but I am glad that it didn't happen to me as I am just a casual player who only plays with small money and rarely.
For me it always works the same, I just need time. I tried to recoup right away, but it is difficult and leads to even more mistakes. So I need time to calm down and think things through. It can be several days and no matter what I do during this time, work or rest, I will analyze all this time why this happened. After a few days, everything passes and I can think normally again, without unnecessary emotions.
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January 17, 2023, 10:54:21 AM
 #88

We each have our own mindset, and some of those suggestions will not work for us. But I noticed in myself that to cater my losses, I have to ride my motorcycle for 20–30 minutes or have a drink with a beer that can ease my mind because I am the kind of person that, whenever I have something that I need to solve, I don't sleep as long as I haven't solved it. It is the same when I am losing; I want to win it back, but I am glad that it didn't happen to me as I am just a casual player who only plays with small money and rarely.
For me it always works the same, I just need time. I tried to recoup right away, but it is difficult and leads to even more mistakes. So I need time to calm down and think things through. It can be several days and no matter what I do during this time, work or rest, I will analyze all this time why this happened. After a few days, everything passes and I can think normally again, without unnecessary emotions.

Everyone has its own method on how they can get over with their losses, but actually newbies are the only one who deal this seriously since they are not used to encounter some losses. But for experience gambler for sure they are already used to deal with losses and can move on easily since sometimes what money we deposit is we should consider the money we can afford to lose. For sure this is already in the mind of some other gamblers.

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January 17, 2023, 11:01:10 AM
 #89

I like your strategy, and although it can be different for different people, there's always something they can borrow from one another. For example this part about greedy friends, it is so true, but not every gambler understands it. Indeed, often it's not you but your friends who are pushing you to "recover your losses" or to "win more because it's "your day"". Avoiding such friends is a good idea for properly handling your losses.
Fortunately online casino exist, so we don't need to have a friend to gamble. I think most people who want to gamble on traditional casino will bring few friends in order to prevent from anything bad happen e.g. criminal attack, scammer etc. In online casino especially using crypto payment, it make people feel much safer since it doesn't directly expose their privacy and we can focus to gamble rather than people's opinion.

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January 17, 2023, 11:30:37 AM
 #90

^

When a gambler invites his friends to a land-based casino he becomes more confident, because he is surrounded by loyal people who can not only protect him from cheaters or robbers, they can stop it if he lost control.

Gambling online unlikely anyone will stop you, so it is very important to learn how to do it.

In my opinion, rely on the opinion of strangers you do not know is a little silly. Be yourself and do not think that you think others, because otherwise you just adjust to the people around you.

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January 17, 2023, 11:38:59 AM
 #91

There is nothing wrong with what the OP has explained and even with the meaning he/she wants us to relate to what it wrote, you are only claiming the same thing from a different view. Handling/managing emotions and losses, and maintaining a responsible gambling style that will help are still striving towards the same goal.

Anyone could proffer any solution to his problem to cut loss and perhaps increase earnings, it does not matter how it looks to others so long as it's working for the person.

Handling of losses incured while gambling is very important so that gamblers will learn from their first experience the next time they are gambling, it's also very paramount to learn how to get over those losses in other to avoid reoccurrence, a gambler also don't need much of time in thinking on how to get over such losses when they actually used their own money to gamble and not other's, we also need to be careful in the amount used in gambling because gambling will always lead to either winning or loosing at the end and it shouldn't be a difficult task to get over since the gambler does it at will from the first place, newbies may get it difficult to get over thier losses because they aren't used to the system of gamblings like the experienced gamblers did.

R


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January 17, 2023, 11:44:28 AM
 #92

I like your strategy, and although it can be different for different people, there's always something they can borrow from one another. For example this part about greedy friends, it is so true, but not every gambler understands it. Indeed, often it's not you but your friends who are pushing you to "recover your losses" or to "win more because it's "your day"". Avoiding such friends is a good idea for properly handling your losses.
Fortunately online casino exist, so we don't need to have a friend to gamble. I think most people who want to gamble on traditional casino will bring few friends in order to prevent from anything bad happen e.g. criminal attack, scammer etc. In online casino especially using crypto payment, it make people feel much safer since it doesn't directly expose their privacy and we can focus to gamble rather than people's opinion.

Not necessary to have friend but its fun to have since sometimes gambling with your friend is really adds climax especially after the game you talk about what you activities you have done, also if you win or lose for sure this will be more fun to you especially the sharing part about strategies you used.

Both is a safe place since there are security personnel involve involve or even on online casino and just don't flex your bets or wins then you will be fine upon playing.

R


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January 17, 2023, 12:10:07 PM
 #93

This is the best strategy, that will help you discipline you gamble life. I do have a monthly gambling budget,which I use for gambling and when I have exhausted it,I take it that gambling is over for that month. We should also not allow emotions control our gambling habit,or else,we will be tempted to chase our lost and this will lead to bankruptcy. Avoid gambling with funds for important purpose,only gamble with money that you can afford to loss,so that you don't get frustrated.

I very much agree with this. You should be disciplined enough in order to have your way smoothly as much as possible in gambling. Of course, there would be rough times such as experiencing losses, but it won't hit that hard if in the first place, you knew the do's and don'ts in gambling. There's a saying that "only risk what you can afford to lose" which I guess became the golden rule in risking whether may it be in gambling or other aspects. This is because if you happen to just spend what you can let go without hurting your pocket and without regreting that much, you won't spend so many times sulking in the corner being distressed about a negative outcome if ever odds won't be on your side.

You should set limitations and boundaries for yourself to follow so you won't be addicted in gambling as well. By that way, you avoid inflicting yourself unnecessary damages and troubles you may find a hard time resolving, most especially in financial and emotional aspects.  It's okay to be sad, frustrated, you name it, but never ever chase winnings with unstable and unfit headspace.
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January 17, 2023, 12:23:45 PM
 #94

I like your strategy, and although it can be different for different people, there's always something they can borrow from one another. For example this part about greedy friends, it is so true, but not every gambler understands it. Indeed, often it's not you but your friends who are pushing you to "recover your losses" or to "win more because it's "your day"". Avoiding such friends is a good idea for properly handling your losses.
Fortunately online casino exist, so we don't need to have a friend to gamble. I think most people who want to gamble on traditional casino will bring few friends in order to prevent from anything bad happen e.g. criminal attack, scammer etc. In online casino especially using crypto payment, it make people feel much safer since it doesn't directly expose their privacy and we can focus to gamble rather than people's opinion.
Indeed, since there is an online casino, it is now easier if you want to bet. I myself also often make bets at online casinos and always get at least 50% profit from the initial capital. Indeed, traditional gambling is already obsolete, plus this crime is very troubling and should have been avoided from now on, because there are online casinos that provide betting alternatives for various types of games or sports betting, which are also very complete.

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January 17, 2023, 12:32:32 PM
 #95

I only set a bankroll to play and that is the maximum I will spend on gambling for the week,usually 50-100 or max of 200 dollars.
That is all we have to do to handle losses without further consequences. If you stick to a fixed bankroll, you don't have to worry, because once that money is lost, you know your gambling session ended and you will start a new one only next week, with another limited fixed budget. For gamblers having difficult to stop playing, it's better to never deposit more than the amount they set to use for the week, otherwise they will feel tempted to continue wagering with extra funds, even after losing the pre-determined amount.

This is a fairly simple method that I always use when facing losses in the casino. One of them is by not having it in the wallet. I set the money to gamble a week only 2 to 3 times. So when the 3 rations ran out I had secured the money in my wife's wallet. Because then I can't bother with the money that he already holds. Sounds simple but what I did was effective till now.

My wife is a safe depository for money. lol

Keep in mind that the allocation for the casino per week has become a final agreement for me that even if I win or lose, I will just forget about it and welcome the next week without burden.

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taufik123
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January 17, 2023, 12:38:51 PM
 #96

Indeed, since there is an online casino, it is now easier if you want to bet. I myself also often make bets at online casinos and always get at least 50% profit from the initial capital. Indeed, traditional gambling is already obsolete, plus this crime is very troubling and should have been avoided from now on, because there are online casinos that provide betting alternatives for various types of games or sports betting, which are also very complete.
Very impressed if you often get profits, but don't losses always come to you? Online casinos can be accessed easily and topping up is also very easy.
You always get a 50% profit for every bet, of course it's an extraordinary thing when other people lose a lot of money in casino gambling games.

But remember that losses will also come suddenly when you start gambling and start increasing your bets.

-snip-
Keep in mind that the allocation for the casino per week has become a final agreement for me that even if I win or lose, I will just forget about it and welcome the next week without burden.
If you already have a fixed allocation every week, that will be a limit you cannot exceed. Losses are getting bigger because they cross the limits that have been made themselves.
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January 17, 2023, 01:07:39 PM
 #97

For sure have been asked numerous times. But to still answer and to be a reminder to the new ones out there; know your limits. Losing is indeed part of the process; winning in the first place is uncertain. In terms of dealing with your loss, Ofcourse that won't be an easy thing to do. You may consider taking a pause in gambling and engaging to other things you do aside. And that's on you when will you come back again. One thing is for sure; forcing your luck won't lead to any positive outcome so take your time. Some would say you need to get back your loss, well that is ideal but guess what, there is a higher tendency for your losses to be bigger if you'd do so. Then make it a habit to set a limit on the amount you can afford to lose everyday in order to lessen your affection towards negative outcome.

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January 17, 2023, 01:14:15 PM
 #98

I like your strategy, and although it can be different for different people, there's always something they can borrow from one another. For example this part about greedy friends, it is so true, but not every gambler understands it. Indeed, often it's not you but your friends who are pushing you to "recover your losses" or to "win more because it's "your day"". Avoiding such friends is a good idea for properly handling your losses.
Fortunately online casino exist, so we don't need to have a friend to gamble. I think most people who want to gamble on traditional casino will bring few friends in order to prevent from anything bad happen e.g. criminal attack, scammer etc. In online casino especially using crypto payment, it make people feel much safer since it doesn't directly expose their privacy and we can focus to gamble rather than people's opinion.

Not necessary to have friend but its fun to have since sometimes gambling with your friend is really adds climax especially after the game you talk about what you activities you have done, also if you win or lose for sure this will be more fun to you especially the sharing part about strategies you used.

Both is a safe place since there are security personnel involve involve or even on online casino and just don't flex your bets or wins then you will be fine upon playing.

I go with that statement, having someone who play with you during your visit inside physical casino adds up the enjoyment, win or lose you and your friend will have something to discuss, either the strategy or the fun experienced that you've got while playing the game, in terms of online casinos, I also agree that to those who love playing discreetly they can just play without any notice to anyone, there's always differences and opinions will be shared in a different point of views.

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January 17, 2023, 01:20:02 PM
 #99

It is a long thread ready and I know that many users must have shared different ways that they handle their losses whenever the gamble or place a bet, but it's an important question we have as a topic to consider and I think though some answers may look similar, they are also peculiar in your own ways. Personally I handle it well because I always entertain the possibility that losses can happen whenever I gamble or place a bet, so the fact that I already expect it, makes it easier to handle.

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January 17, 2023, 01:51:34 PM
 #100


In the beginning, I was involved in gambling, my favorite slot game, blackjack, dice, sometimes I could spend hours playing slots with countless money I spent and I realized that the win was not on my side, the consecutive losses that I get, I think this kind of situation can harm my finances, so I think about how to deal with all the losses that I get in gambling.

Then I try to think about learning other types of games to overcome losses.
I tried to study sports betting in as much detail as possible, especially football betting with a good score policy, I managed to do it all to cover the losses I had experienced for a while, overall dealing with losses is not emotional basis, greed for me, but turning the corner in another type of game that I am really good at, I realized that I really couldn't handle losses if I didn't master the types of bets in gambling.

don't understand what we are playing and betting on, everything will be in vain, the losses will continue to haunt us.

R


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January 17, 2023, 02:03:49 PM
 #101

There was a thread about the NFL Playoffs earlier today.

I posted my predictions an hour before the game started because the other guy uploaded a photo of his bet that I didn't like.

It was clear he didn't follow NFL much.

My prediction won and his lost.

Moral of the story is to only bet on sports you have knowledge of and watch regularly.
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January 17, 2023, 02:17:04 PM
Merited by Sandra_hakeem (3), alastantiger (2)
 #102

These are all great points and without doubts , people are still far from handling losses and most times one of the major reasons why we chase after losses is using money we can't afford to lose for gambling and that is extremely wrong and against the ethics of gambling.
Below are the ethic I have devicee to help memstay in track and to avoid chasing after my losses
1. I always make sure I have a set amount(budget) for gambling and I try not to exceedy budget just incase I'm already in loss.
2. I also have what I regard as reserve because we're all human and we all love to have something nice for real and I always keep something aside just incase I exceed my budget I make sure I don't exceed my reserve and the reserve is mostly for urgent games that looks promising.
3. I always make sure that I don't let my emotions play on me no matter if I'm winning or losing.
4. I make sure I don't use money I can't afford to lose or borrowed money.

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January 17, 2023, 02:23:29 PM
 #103

How do I handle my losses? Simple, accept the losses and do not try to recover the losses in the next gambling session.
Means that every single session should be a new session without thinking of revenge to take back what I've lost previously.
Anyway I'm interested the point of "to avoid greedy friends" because some of my friends are greedy and sometime I do greedy as well.
For me, I will not be influenced by greedy friends, I'll just ignore them if they tell me something that I do not want to do.

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January 17, 2023, 02:37:54 PM
 #104

How do I handle my losses? Simple, accept the losses and do not try to recover the losses in the next gambling session.
Means that every single session should be a new session without thinking of revenge to take back what I've lost previously.
Anyway I'm interested the point of "to avoid greedy friends" because some of my friends are greedy and sometime I do greedy as well.
For me, I will not be influenced by greedy friends, I'll just ignore them if they tell me something that I do not want to do.

They say that the people who keep track of sheep are really quiet people and those who keep track of some more aggressive animals are aggressive as persons.With this analogy I want to say that the human nature can be influenced just like in the above example and despite you saying you will ignore your friends,with the passing of time if you stay with greedy friends it is only natural for you to become greedy.The best to do in such situation is to play alone at the comfort of your home fully relaxed and enjoy the sessions,this way you will forget about such friends.

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January 17, 2023, 02:58:48 PM
 #105

We all handle emotions differently, also the way each of us admit our losses differs. I love playing dice and blackjack on my favorite casino and have never had a big win, but I make sure not to chase my loss if I lose. I have learned to deal with losses, it wasn't easy from the beginning, but it gradually became part of me over time.

Not everyone is good at letting go of their loss. I used a four way strategy to train myself into admitting my loss.

There are various ways and reactions of a person when dealing with losses, especially in this case when dealing with losses from gambling and of course not everyone is the same in how they handle them. however, from a human psychology standpoint, gamblers are often driven by feelings or emotions to try to try their luck again, even though they have made several deposits.

And for all the points you posted in this thread, it would probably be a good reference for gamblers to try as you did. at least, you have shared the strategy or method you used when dealing with losses. to be honest, for me gambling is nothing but part of entertainment on the sidelines after doing activities at work.
First of all, never chase losses and never expect to make high profits. I like to play slots, blackjack, dice or something else. but i have limitation for it. if I lose today, there's still another day than getting stuck just chasing losses. quite difficult indeed, especially if we have a long free time. but, if without continuous training with self-control. so what happened, as you said not everyone is good at letting go of losing.

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January 17, 2023, 03:00:02 PM
 #106

How do I handle my losses? Simple, accept the losses and do not try to recover the losses in the next gambling session.
Means that every single session should be a new session without thinking of revenge to take back what I've lost previously.

But, this method is not that simple for a lot of people. I was once in a position trying to accept my loses, but I forced myself to play again. Until I got stuck in a condition that made it difficult for me. Luckily there was 1 Max-Win that saved me at that time. On the other hand, other players may find it difficult to control the urge to play because of losses like what happened to me at that time. One think that made me save from this conditions, I usually divert to games that make me relax to forget any losses. For now I have time to reduce my addiction to slots and forgetting all my losses. Especially because there are things that force me to have to pay other people's bank debts "but I'm in charge of it", so now there's no free money to play any slots, this is the right time to handle any losses Grin

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January 17, 2023, 03:06:43 PM
 #107

How do I handle my losses? Simple, accept the losses and do not try to recover the losses in the next gambling session.
Means that every single session should be a new session without thinking of revenge to take back what I've lost previously.
Anyway I'm interested the point of "to avoid greedy friends" because some of my friends are greedy and sometime I do greedy as well.
For me, I will not be influenced by greedy friends, I'll just ignore them if they tell me something that I do not want to do.

They say that the people who keep track of sheep are really quiet people and those who keep track of some more aggressive animals are aggressive as persons.With this analogy I want to say that the human nature can be influenced just like in the above example and despite you saying you will ignore your friends,with the passing of time if you stay with greedy friends it is only natural for you to become greedy.The best to do in such situation is to play alone at the comfort of your home fully relaxed and enjoy the sessions,this way you will forget about such friends.

"Tell me who your friends are and I'll tell you who you are."

Kinda goes like that IIRC. Your environment influences you in ways that you do not even fully recognize because you are busy doing your thing with your friends. Only then would you recognize this once you are no longer associated with your friends, or you have shifted your attention into another activity completely unrelated to what you were previously doing.

I personally try to avoid friends that are degenerate gamblers, even though I am gambling myself. They do not have any self-control, and once I see them long enough to think that it's "okay" what they're doing, I'll be applying that to myself and I'll slowly slide down to degeneracy.

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January 17, 2023, 03:15:19 PM
 #108

The degree of loss for me will determine the best method for me to handle the situation. If it is just a normal amount that is not too big, I can give myself solace with the thought that people loose such amounts to gambling everyday and it is normal and nothing to feel too bad about, I can even go ahead to tell some close friends that I am sure will find a joke to make about it just to cheer me up. If it a huge loss, I handle it by rebudgetting myself and expenses for that week and month to accommodate the loss and then stay off gambling for a while.

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qwertyup23
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January 17, 2023, 03:23:25 PM
 #109

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.
If you can remind that your main goal is for having fun, I believe you won't have a problem with your losses. This is the ultimate way to deal with your losses, you focus on getting entertainment and don't really care about the losses. As long as you use small money and it is limited money, you won't feel so hurt when you get losses. The complicated problem only rises when we use big money, even worse it is loan money. That's why only use the extra money and it must be money that can afford to loseWink

Well this is true but to a certain extent depending on the amount that is lost on the process.

For example, a gambler may prioritize having fun as the main goal but he/she still may incur huge amounts of losses. Obviously, in that case, keeping your emotions in check may be somehow and relatively difficult. Though I do agree that if your main goal is to have fun, then the amount gambled should not be an issue. If this is the intention of the gambler, then he/she must gamble using limited or at least a small amount in the games.

R


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January 17, 2023, 03:47:50 PM
 #110

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.
If you can remind that your main goal is for having fun, I believe you won't have a problem with your losses. This is the ultimate way to deal with your losses, you focus on getting entertainment and don't really care about the losses. As long as you use small money and it is limited money, you won't feel so hurt when you get losses. The complicated problem only rises when we use big money, even worse it is loan money. That's why only use the extra money and it must be money that can afford to loseWink

Well this is true but to a certain extent depending on the amount that is lost on the process.

For example, a gambler may prioritize having fun as the main goal but he/she still may incur huge amounts of losses. Obviously, in that case, keeping your emotions in check may be somehow and relatively difficult. Though I do agree that if your main goal is to have fun, then the amount gambled should not be an issue. If this is the intention of the gambler, then he/she must gamble using limited or at least a small amount in the games.

I mostly stay quiet - either I go out for a walk or go out for a hike.
That has been very helpful.
Most of time I go to sleep wakeup in wee hour make myself a cup of hot tea and watch TV

virasisog
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January 17, 2023, 04:17:29 PM
 #111

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.
If you can remind that your main goal is for having fun, I believe you won't have a problem with your losses. This is the ultimate way to deal with your losses, you focus on getting entertainment and don't really care about the losses. As long as you use small money and it is limited money, you won't feel so hurt when you get losses. The complicated problem only rises when we use big money, even worse it is loan money. That's why only use the extra money and it must be money that can afford to loseWink

Well this is true but to a certain extent depending on the amount that is lost on the process.

For example, a gambler may prioritize having fun as the main goal but he/she still may incur huge amounts of losses. Obviously, in that case, keeping your emotions in check may be somehow and relatively difficult. Though I do agree that if your main goal is to have fun, then the amount gambled should not be an issue. If this is the intention of the gambler, then he/she must gamble using limited or at least a small amount in the games.

I mostly stay quiet - either I go out for a walk or go out for a hike.
That has been very helpful.
Most of time I go to sleep wakeup in the wee hour make myself a cup of hot tea and watch TV

Gambling using only the funds that we can afford to lose won't affect our emotions too hard in case the result won't be in our favor. Gambling for fun would be fine as long as we always put limitations when betting. The right mindset toward betting would be the smartest move. Resting and relaxing will be a good help for us to recover and move on with our losses.
For me, as long as we are gambling responsively, moving on, and handling our losses will never be hard.
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January 17, 2023, 04:39:57 PM
 #112

In every game or bet there must be a profit and a loss.
I myself, if I experience a loss if it's only a small amount, I will re-learn how the game works and if I really understand and can determine the right position, I will bet again with a larger amount to be able to recover losses and still make a profit.
However, if I experience a large loss, I will be more silent and stop playing for a while with the aim of calming my mind and dampening my emotions. If it gets better, I will play again with a gradual number of bets.

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January 17, 2023, 04:55:44 PM
 #113

In every game or bet there must be a profit and a loss.
I myself, if I experience a loss if it's only a small amount, I will re-learn how the game works and if I really understand and can determine the right position, I will bet again with a larger amount to be able to recover losses and still make a profit.
However, if I experience a large loss, I will be more silent and stop playing for a while with the aim of calming my mind and dampening my emotions. If it gets better, I will play again with a gradual number of bets.
We all have different strategy on how to handle losses and yours is one of them plus the internet is plenty of useful strategy on how to manage/control yourself from losses. And most of them are based on real life experience so, a little research on the internet is plenty enough to jot down those important details. It's very useful if someone is just starting to gamble or having a problem with how they should manage their emotions especially to newbies in gambling but I don't know if newbies would ever think to do some research first or just play ahead and do the research after losing.

3996
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January 17, 2023, 05:09:47 PM
 #114

Handling emotion after loss is difficult; for the past two weeks, I have suspended betting; not because I want to quit totally, but because it is beneficial to take a break and observe how things unfold. I recall that from the beginning of the year to the 9th, I won the majority of my bets, I rolled over even the tickets that were cut earlier than expected, but everything changed when teams I least expected to lose kept ruining my tickets, I also switched from Football to Basketball (NBA and Chinese league but all have not been going well) and I have put a stop until I see that things are getting better, I don't have rules, I just make sure I don't have betting Apps on my device.  Cheesy

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January 17, 2023, 06:08:04 PM
 #115

Handling emotion after loss is difficult; for the past two weeks, I have suspended betting; not because I want to quit totally, but because it is beneficial to take a break and observe how things unfold. I recall that from the beginning of the year to the 9th, I won the majority of my bets, I rolled over even the tickets that were cut earlier than expected, but everything changed when teams I least expected to lose kept ruining my tickets, I also switched from Football to Basketball (NBA and Chinese league but all have not been going well) and I have put a stop until I see that things are getting better, I don't have rules, I just make sure I don't have betting Apps on my device.  Cheesy
This is so true and that's why those that can sleep after being on a losing streak are legends. It's easy for them to just sleep after those losses because the majority will have hard time dealing with it because acceptance won't be easy.

The emotional breakout is there after losing and you can't just move on an instant even if you want to. But yeah, the best move is to just stop even if it's hurting you and wanting to recover badly, you have to do something about it so that you can at least reduce the emotional pain.



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January 17, 2023, 06:47:38 PM
 #116

At first it is difficult. Mostly what I do is to set a ceiling to how much I am willing to lose while rolling dices, if I get to that threshold then I stop and try to accept the loss and do not chase it.

Also, immediately switching to play a non-gambling related game helps.
I personally like First person shooters, it works to forget about the bad streak at dices.

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January 17, 2023, 08:23:37 PM
 #117

How do I handle my losses? Simple, accept the losses and do not try to recover the losses in the next gambling session.
Means that every single session should be a new session without thinking of revenge to take back what I've lost previously.
Anyway I'm interested the point of "to avoid greedy friends" because some of my friends are greedy and sometime I do greedy as well.
For me, I will not be influenced by greedy friends, I'll just ignore them if they tell me something that I do not want to do.

Same here, chasing over what you lost in the other day won't be giving us any benefit because there's a good chance that the chase will lead us into a much bigger loses, and we know that we don't want that situation in the first place. I just accept the reality that we cannot change anymore what happened yesterday and hope that this day, luck will be on our side without thinking our losses in the past.

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January 17, 2023, 08:28:03 PM
 #118

At first it is difficult. Mostly what I do is to set a ceiling to how much I am willing to lose while rolling dices, if I get to that threshold then I stop and try to accept the loss and do not chase it.

Also, immediately switching to play a non-gambling related game helps.
I personally like First person shooters, it works to forget about the bad streak at dices.

It's what I do. I send to mu account only the amount I want to gamble with and I have a rule that I never break which is that I never add another deposit during or right after a session.

When I know I have $50 to spend I come to play and I know that worst case scenario I'll be down $50 but to me whatever is sitting on my casino account is already lost. I don't feel like I have this money until it's back in my wallet.

I don't have to drink water like OP to handle a loss. It comes naturally. I don't feel a burden of a loss but I also never play with big money.
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January 17, 2023, 08:40:29 PM
 #119

I think in this case calm is the main key. defeats and wins are actually normal conditions because regardless of anything we cannot avoid losing when we are in gambling. The problem is that there are still many people who always play more ambitiously in the next session when they have lost.
Indeed, there are several strategies to minimize defeat, but when we have more ambition about winning, this is actually not good for the next game because we don't focus too much and enjoy the match because our thoughts are winning.

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January 17, 2023, 08:49:40 PM
 #120

How do I handle my losses? Simple, accept the losses and do not try to recover the losses in the next gambling session.
Means that every single session should be a new session without thinking of revenge to take back what I've lost previously.
Anyway I'm interested the point of "to avoid greedy friends" because some of my friends are greedy and sometime I do greedy as well.
For me, I will not be influenced by greedy friends, I'll just ignore them if they tell me something that I do not want to do.

Same here, chasing over what you lost in the other day won't be giving us any benefit because there's a good chance that the chase will lead us into a much bigger loses, and we know that we don't want that situation in the first place. I just accept the reality that we cannot change anymore what happened yesterday and hope that this day, luck will be on our side without thinking our losses in the past.
Most likely we would really be ending up on this way on which just like on whatever things that your'e dealing with which its never been ideal on chasing up your losses or trying out to break even because it would really

create out that kind of desperation inside when you do really make yourself fixed up that kind of mindset.This is why its better to move on and make yourself that versatile and a bit emotionless when you are
really that doing gambling or even in trading which its never been that good on trying out to chase your losses.Play for entertainment and losing is always been part and you should make yourself at least
aware into those things so that you wont really be that expecting that much.

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January 17, 2023, 08:50:24 PM
 #121

Quite for sure it's emotional when gambler loses a bet but it depends on the amount of money that I used in my staking, that will actually determine the extent at which I'm gonna feel pataining my lose. This reason,  the way I've used in handling my loses is, I ensure each time I'm placing my bets I don't over bet by putting large amount of money and also ensure using the amount money that I'm with losing.

R


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January 17, 2023, 08:59:51 PM
 #122

Make deposit, play the game and forget about anything happened "except the win". I'm only that simple now, but sure for an amount I can afford to lose. Gambling isn't just to win so far, it's the mindset I've had about gambling because at the end of the day I no longer think it's good to chase winnings at any cost.

There is no way to always stay calm about dealing with losing, it should just be forgotten unless they get too addicted to the amount of money they can't afford to lose. Getting back to basics, gambling is another way of having fun and money should not be main goal although money is possible to win.

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January 17, 2023, 09:11:33 PM
 #123

I think handling loses in gambling is very easy, if we can learn to do it right from the foundation, that is before we even gamble the money away..
Like what i do is -
first, make sure that I am not gambling with an amount of money I am not comfortable losing..
Secondly - before I even start gambling, I build a mindset that that money is already gone, this helps me in the sense that if eventually the money is lost without winnings, I don't feel it because the money was already lost even before I started gambling...

This strategy can be difficult most especially for those who are not disciplined enough, but the medicine is to start from the foundation, which is - gambling only with an amount of money one is comfortable losing.

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January 17, 2023, 09:17:54 PM
 #124

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.
If you can remind that your main goal is for having fun, I believe you won't have a problem with your losses. This is the ultimate way to deal with your losses, you focus on getting entertainment and don't really care about the losses. As long as you use small money and it is limited money, you won't feel so hurt when you get losses. The complicated problem only rises when we use big money, even worse it is loan money. That's why only use the extra money and it must be money that can afford to lose.  Wink


True. Problem only comes when you gamble to earn a living because you rely on it completely, and you have no real job that will feed your family. If you gamble, make sure to spend only your extra money and not those funds intended to pay the bills, otherwise you will just worsen the scenario and create another problem once you lose the funds. Or better yet, don’t gamble if you think you are not ready to lose, that way you won’t face future troubles.
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January 17, 2023, 09:41:35 PM
 #125

I think in this case calm is the main key. defeats and wins are actually normal conditions because regardless of anything we cannot avoid losing when we are in gambling. The problem is that there are still many people who always play more ambitiously in the next session when they have lost.
Indeed, there are several strategies to minimize defeat, but when we have more ambition about winning, this is actually not good for the next game because we don't focus too much and enjoy the match because our thoughts are winning.
You are right. If someone can be calm whenever they get losses, everything will be fine. However, not every gambler can feel calm when they get losses. There are many gamblers to be out of control when they get losses. Although they have enough knowledge and experience, sometimes they still can't control themselves. In this matter, I assume it is all about an individual's nature or characteristics. It is not so different with people who are ambitious to chase winning. It may be their nature to always think about winning, or it is because of the wrong goal/purpose of joining gambling. But there are also some people how do that because of less of knowledge and experience.


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Finestream
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January 17, 2023, 09:51:49 PM
 #126

I don't want things too deep. I handle losses the way I take the same response as when I experience big disappointments and regrets.

The losing amount is also a significant consideration. If that's a huge amount involved, then moving on might take time but on the other hand, if the loss amount is quite small and can be handled, then just a bit of taking a break from gambling will do the trick of how to move on.

Don't focus too much on ways how to handle losses but instead, try our best to build a good winning streak on every of our gambling sessions.
Well, just accept the fact that to gamble is to lose your money, and not to earn a living, so be prepared on it rather than seeing gambling as a good source of living. That is why when you gamble, never spend more than you can afford to lose but settle on small amounts that you are ready to lose. That way, you will never see gambling as a way to make ends meet but only a good source of entertainment, and earning profits might only be a bonus.

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January 17, 2023, 10:01:20 PM
 #127

We each have our own mindset, and some of those suggestions will not work for us. But I noticed in myself that to cater my losses, I have to ride my motorcycle for 20–30 minutes or have a drink with a beer that can ease my mind because I am the kind of person that, whenever I have something that I need to solve, I don't sleep as long as I haven't solved it. It is the same when I am losing; I want to win it back, but I am glad that it didn't happen to me as I am just a casual player who only plays with small money and rarely.
That's for people who are extroverts and I do agree that it works. I mean walking about 20-30 minutes even if around your neighbourhood could help those people out as well. I am not that type of person, I am an introvert who hates going out of my house for any reason possible, if given the option I would lock myself in my house and never leave it and if I can technically do it, then I would do that all my life.

So, my losses are usually followed up by taking a powernap, a siesta if you will and that's the type of thing that I would definitely makes me feel better. I mean if I sleep even just one hour during naptime? That would make me feel like the freshest mind of all time.

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Mahanton
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January 17, 2023, 10:21:57 PM
 #128

We each have our own mindset, and some of those suggestions will not work for us. But I noticed in myself that to cater my losses, I have to ride my motorcycle for 20–30 minutes or have a drink with a beer that can ease my mind because I am the kind of person that, whenever I have something that I need to solve, I don't sleep as long as I haven't solved it. It is the same when I am losing; I want to win it back, but I am glad that it didn't happen to me as I am just a casual player who only plays with small money and rarely.
That's for people who are extroverts and I do agree that it works. I mean walking about 20-30 minutes even if around your neighbourhood could help those people out as well. I am not that type of person, I am an introvert who hates going out of my house for any reason possible, if given the option I would lock myself in my house and never leave it and if I can technically do it, then I would do that all my life.

So, my losses are usually followed up by taking a powernap, a siesta if you will and that's the type of thing that I would definitely makes me feel better. I mean if I sleep even just one hour during naptime? That would make me feel like the freshest mind of all time.
People are different which it would really be that different when it comes on how you to ease out that frustration and anger towards your losses.Some might able to take it away via walking or going out side but just like you on which i do prefer to stay inside my house and would rather having a sleep or would really be doing some gaming on my pc just to ease out that kind of emotion which overflowing.If you are rally that
not good on handling out your emotions then you would definitely be that impulsive and would make even more mistakes out of your gambling activity.This is where you should really be that
careful because if not then you would expect the worst.

R


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January 17, 2023, 10:31:24 PM
 #129

I have to convince myself that it's just a game. Losing is something natural, so there's still the next day to play to win. Of course, you have to think of playing casino just for fun, so you don't feel disappointed, let alone curious when you lose.

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January 17, 2023, 10:48:50 PM
 #130

Unless you can accept the loss on your own, you should not go to the betting section. First you have to deal with the loss in yourself. Even if you are going to trade there will be losses so first you have to build your ability to handle losses then you can start trading. So I would like to say that those who bet in the gambling section need to strengthen their mentality the most. Because the gambling section will depend entirely on luck. If you are lucky you can win. And without luck you can never win. So you have to always participate with a strong mindset to deal with it otherwise you may end up having a heart attack. So before participating in the gambling section you need to make your mind up in such a way that even if you lose you can stand properly and adjust yourself.

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livingfree
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January 17, 2023, 10:50:46 PM
 #131

Well, just accept the fact that to gamble is to lose your money, and not to earn a living, so be prepared on it rather than seeing gambling as a good source of living. That is why when you gamble, never spend more than you can afford to lose but settle on small amounts that you are ready to lose. That way, you will never see gambling as a way to make ends meet but only a good source of entertainment, and earning profits might only be a bonus.
The fact that when you're not a full time gambler makes you understand that you should look into gambling by that way.

So, expectation will not exceed from what you're thinking and you'll just out there to gamble at any time as you wish. But, those wins that you may take as you gamble will be surprisingly good because you have never expected them.

And as for the losses that you need to deal with, there are gamblers that have hard time accepting the consequence of what they've done so, losing is hard to accept but eventually, it has to be accepted.

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January 17, 2023, 11:01:21 PM
 #132

I got to sleep or watch a movie or go out for a cup of tea or coffee.
Buying yourself a cup of coffee or tea when you lose is a great treat. Even if you're on the verge of losing more, all you have to do is to sip some of it.
I like flavored drinks and that's really helping me when my mood isn't that great and the gambling results aren't favorable and good.
That's a stress reliever and everyone does have their way of releasing the stress hormones that are due to losses.
Maybe you're good at handling your losses. Most of the time users after loss tries to retain their normal living with the sip of tea or coffee. Whenever we feel like losing, taking a sip of coffee or tea will give some relaxation to the mind and lets us decide whether to run behind the loss or not. Most of the time we never try to analyse the reason for loss and just go behind the loss, which ends with massive loss.
It is a relaxing way of dealing your losses and that's why whenever you're in that situation, try to spoil yourself and that will ease the feeling of disappointment.
We have to find ways on how to deal with losses and if this strategy is going to make you feel better, just keep on drinking the best tea or coffee you want.

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January 17, 2023, 11:20:13 PM
 #133

In the beginning, I was involved in gambling, my favorite slot game, blackjack, dice, sometimes I could spend hours playing slots with countless money I spent and I realized that the win was not on my side, the consecutive losses that I get, I think this kind of situation can harm my finances, so I think about how to deal with all the losses that I get in gambling.

Then I try to think about learning other types of games to overcome losses.
I tried to study sports betting in as much detail as possible, especially football betting with a good score policy, I managed to do it all to cover the losses I had experienced for a while, overall dealing with losses is not emotional basis, greed for me, but turning the corner in another type of game that I am really good at, I realized that I really couldn't handle losses if I didn't master the types of bets in gambling.

don't understand what we are playing and betting on, everything will be in vain, the losses will continue to haunt us.
[/quote]

The best way to deal with your loses is just to reduce your staking strength, if you stake more to regain your loses, you will end up losing the more. Try to gamble for fun and don’t get addicted to it.  I had an ugly experience in gambling. I was trying to regain a lost and ended up losing everything.
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January 17, 2023, 11:32:39 PM
 #134

I got to sleep or watch a movie or go out for a cup of tea or coffee.
Buying yourself a cup of coffee or tea when you lose is a great treat. Even if you're on the verge of losing more, all you have to do is to sip some of it.
I like flavored drinks and that's really helping me when my mood isn't that great and the gambling results aren't favorable and good.
That's a stress reliever and everyone does have their way of releasing the stress hormones that are due to losses.
Maybe you're good at handling your losses. Most of the time users after loss tries to retain their normal living with the sip of tea or coffee. Whenever we feel like losing, taking a sip of coffee or tea will give some relaxation to the mind and lets us decide whether to run behind the loss or not. Most of the time we never try to analyse the reason for loss and just go behind the loss, which ends with massive loss.
It is a relaxing way of dealing your losses and that's why whenever you're in that situation, try to spoil yourself and that will ease the feeling of disappointment.
We have to find ways on how to deal with losses and if this strategy is going to make you feel better, just keep on drinking the best tea or coffee you want.

Finding a good diversion to ease the frustrations will be a good help to re-assess yourself, some may find themselves drinking coffee
while analyzing what happened.

It is the opinion though and not all can just drink coffee and release those emotions, those who can are good in handling losses and they can
just easily to move forward and continue to whatever they are planning to do next.
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January 17, 2023, 11:33:40 PM
 #135

I got to sleep or watch a movie or go out for a cup of tea or coffee.
Buying yourself a cup of coffee or tea when you lose is a great treat. Even if you're on the verge of losing more, all you have to do is to sip some of it.
I like flavored drinks and that's really helping me when my mood isn't that great and the gambling results aren't favorable and good.
That's a stress reliever and everyone does have their way of releasing the stress hormones that are due to losses.
Maybe you're good at handling your losses. Most of the time users after loss tries to retain their normal living with the sip of tea or coffee. Whenever we feel like losing, taking a sip of coffee or tea will give some relaxation to the mind and lets us decide whether to run behind the loss or not. Most of the time we never try to analyse the reason for loss and just go behind the loss, which ends with massive loss.
It is a relaxing way of dealing your losses and that's why whenever you're in that situation, try to spoil yourself and that will ease the feeling of disappointment.
We have to find ways on how to deal with losses and if this strategy is going to make you feel better, just keep on drinking the best tea or coffee you want.
The best way is to distract yourself into something like some hobby or physical activities which would really divert out your attention into and you would really be forgetting on what you had recently

experienced.Thing here is that you do really know on what you are doing and you do really know on how to handle up yourself because on the time that emotion would kick in then it

would really be hard to stop it if you dont really have that sufficient self control and discipline which would worsen up the situation or condition.

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January 18, 2023, 04:00:41 AM
 #136

The best way is to distract yourself into something like some hobby or physical activities which would really divert out your attention into and you would really be forgetting on what you had recently

experienced.Thing here is that you do really know on what you are doing and you do really know on how to handle up yourself because on the time that emotion would kick in then it

would really be hard to stop it if you dont really have that sufficient self control and discipline which would worsen up the situation or condition.
That is the best way to distract from thinking about gambling so that we will not be affected by the results we got in playing gambling before. But unfortunately, many of us find it difficult to do even though we have tried. But that's what we must do and keep trying so that we won't think about it too much if we lose. And so that we don't get emotional, we have to take care of ourselves and not use a lot of money to gamble so that losing won't hurt too much. Self-discipline is really needed in playing gambling so that we don't gamble excessively and prevent big losses.

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January 18, 2023, 04:32:32 AM
 #137

I ensure I drink enough water to reduce risk of heat stress :
I won't want to be under any compulsion or stress after a loss, so I make sure I drink water to stay hydrated, and it helps manage my mood even if I lost.
Out of everything, this was actually the most unexpected but also something I relate with, but I think this is more on the exhaustion side instead of heat itself? I tend to do dumb shit since my mental capacity at those points is pretty much empty so yea, taking a breather and drinking water to cool off is a great way to reset the brain even for a bit.

Still, the best way imo is hobbies. Do something else, don't just take gambling in as your sole activity for enjoyment. It's so that you can split your time and money (yes, even if it needs money). Some hobbies can go a long way with the budget you'd use for a month of gambling (though it still depends on person to person).

R


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January 18, 2023, 05:28:59 AM
 #138

In every game or bet there must be a profit and a loss.
I myself, if I experience a loss if it's only a small amount, I will re-learn how the game works and if I really understand and can determine the right position, I will bet again with a larger amount to be able to recover losses and still make a profit.
However, if I experience a large loss, I will be more silent and stop playing for a while with the aim of calming my mind and dampening my emotions. If it gets better, I will play again with a gradual number of bets.
We all have different strategy on how to handle losses and yours is one of them plus the internet is plenty of useful strategy on how to manage/control yourself from losses. And most of them are based on real life experience so, a little research on the internet is plenty enough to jot down those important details. It's very useful if someone is just starting to gamble or having a problem with how they should manage their emotions especially to newbies in gambling but I don't know if newbies would ever think to do some research first or just play ahead and do the research after losing.
From my personal experience, when I first gambled in a crypto casino, I never had the thought of doing research and using a playing or betting strategy first.
After some time playing, experiencing defeat, just started to think about a research and strategy in playing.
I can do some research and make playing strategies too from this forum by reading and studying what has been given by forum users in a gambling thread.
For novice gamblers who are also users of this forum, they have a distinct advantage because they can learn about gambling first before actually getting involved in gambling.

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January 18, 2023, 07:53:35 AM
 #139

Unless you can accept the loss on your own, you should not go to the betting section. First you have to deal with the loss in yourself. Even if you are going to trade there will be losses so first you have to build your ability to handle losses then you can start trading. So I would like to say that those who bet in the gambling section need to strengthen their mentality the most. Because the gambling section will depend entirely on luck. If you are lucky you can win. And without luck you can never win. So you have to always participate with a strong mindset to deal with it otherwise you may end up having a heart attack. So before participating in the gambling section you need to make your mind up in such a way that even if you lose you can stand properly and adjust yourself.

Any money that I put in gambling I have already counted it as a lost money. I don't have much expectation of win but if it happens I will be happy. If it does not happen I'll just forget about it.
How I handle my lost is that whenever I loss a bet, I'll reduce my betting power subsequently. I lose again I reduce amount until it gets to zero, I'll know I have lost out in everything

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January 18, 2023, 07:57:24 AM
 #140

Any money that I put in gambling I have already counted it as a lost money. I don't have much expectation of win but if it happens I will be happy. If it does not happen I'll just forget about it.


This is the most bullshit reason or whatever shenanigans that I heard on gambling. Why the heck you are gambling if you didn’t expect to win and just counted your money as lost once you deposit? It’s better to send your money to donation so that it can help poor people rather than spend it on your nonsense gambling since you didn’t want to win. Seriously why you do need to play gambling if you have this kind of resolve.

Winning is what makes people drive to gamble more but in your case you are like zombie playing without any goal to achieve. Zzzzz

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January 18, 2023, 08:11:29 AM
 #141

I think most of us usually lose the most when we are on a good running streak and get over confident such that  we increase the stake instead of keeping the winning formula going all because of greed... Imagine you were playing with 50 cent entries on slots but because you have been able to catch a few big multipliers you decide to go with a higher amount which only let's you play less than 20 rounds, it's a recipe for disaster. But if these losses come, best to leave the work station and try to get mindset reset and rested by trying something off any gambling platforms and try your luck again.

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January 18, 2023, 09:32:20 AM
 #142

Unless you can accept the loss on your own, you should not go to the betting section. First you have to deal with the loss in yourself. Even if you are going to trade there will be losses so first you have to build your ability to handle losses then you can start trading. So I would like to say that those who bet in the gambling section need to strengthen their mentality the most. Because the gambling section will depend entirely on luck. If you are lucky you can win. And without luck you can never win. So you have to always participate with a strong mindset to deal with it otherwise you may end up having a heart attack. So before participating in the gambling section you need to make your mind up in such a way that even if you lose you can stand properly and adjust yourself.

Any money that I put in gambling I have already counted it as a lost money. I don't have much expectation of win but if it happens I will be happy. If it does not happen I'll just forget about it.
How I handle my lost is that whenever I loss a bet, I'll reduce my betting power subsequently. I lose again I reduce amount until it gets to zero, I'll know I have lost out in everything

Good budgeting and allocating your finances will help you to limit yourself from losing a lot, you just need to make sure that you are really good in controlling your emotion, it depends from how a person project and execute what strategy they have or what are the plans before playing the game.

I think most of us usually lose the most when we are on a good running streak and get over confident such that  we increase the stake instead of keeping the winning formula going all because of greed... Imagine you were playing with 50 cent entries on slots but because you have been able to catch a few big multipliers you decide to go with a higher amount which only let's you play less than 20 rounds, it's a recipe for disaster. But if these losses come, best to leave the work station and try to get mindset reset and rested by trying something off any gambling platforms and try your luck again.

Indeed, the disaster comes when we lose control of our emotions. We can say that some are because of greed and some are because of aggression, to make huge runs or to recover losses. But again, it is the emotion that will kill all the enjoyment and entertainment while playing.

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January 18, 2023, 09:54:09 AM
 #143

I think most of us usually lose the most when we are on a good running streak and get over confident such that  we increase the stake instead of keeping the winning formula going all because of greed... Imagine you were playing with 50 cent entries on slots but because you have been able to catch a few big multipliers you decide to go with a higher amount which only let's you play less than 20 rounds, it's a recipe for disaster. But if these losses come, best to leave the work station and try to get mindset reset and rested by trying something off any gambling platforms and try your luck again.
That means we can't control our greed in gambling, which has happened to many people. If we can control ourselves, especially after we can get a big win or a big multiplier and stop right away, we can enjoy that win by withdrawing the winning money and celebrating it. But we know that getting a big win will give us the thought that it is when our luck comes and we can continue playing to get another big win. But that's not the case and we will crash and lose the winning money even more quicker.

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January 18, 2023, 10:09:26 AM
 #144

There is nothing wrong with what the OP has explained and even with the meaning he/she wants us to relate to what it wrote, you are only claiming the same thing from a different view. Handling/managing emotions and losses, and maintaining a responsible gambling lifestyle that will help are still striving towards the same goal.

Anyone could proffer any solution to his problem to cut loss and perhaps increase earnings, it does not matter how it looks to others so long as it's working for the person.
Not really, it's different.

What @OP explain is handling the result, but what I'm talking about is handling during gamble.

Almost of people can't accept losses, since they're gambling to make money. Of course they might gambling using a lot money and can't control themselves, so they will regret when they're lose it all.

But if a gambler already know if gambling is for fun, they don't need to handle their losses.

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January 18, 2023, 10:17:13 AM
 #145

I think most of us usually lose the most when we are on a good running streak and get over confident such that  we increase the stake instead of keeping the winning formula going all because of greed... Imagine you were playing with 50 cent entries on slots but because you have been able to catch a few big multipliers you decide to go with a higher amount which only let's you play less than 20 rounds, it's a recipe for disaster. But if these losses come, best to leave the work station and try to get mindset reset and rested by trying something off any gambling platforms and try your luck again.
When you are already on that desperate mode then you would really be definitely be having that kind of thinking that you should really break even or make up with those losses and win up particular further bets.
Once you do win certain amounts,then those emotions created by consecutive loss would really be wiped instantly and you would really be that confident that you might be able to succeed on what you do have in mind.

When you are really that having this kind of mood swing then most like you would really be spending or tons of money on gambling because you are really that aiming on getting wins or profits.
You cant really avoid some circumstances but you do have the will on stopping completely if you wanted to.

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January 18, 2023, 11:57:30 AM
 #146

^

In my opinion, the first thing a gambler must learn to stop when he feels that his emotional background has changed markedly, and it does not matter after winning or losing streaks.

Emotional outburst leads to a wrong perception of reality that can lead to mistakes in gambling. After winning you will feel a surge of strength, confidence that you are able to beat the casino - this leads to losing the money you have won. In case of a losing streak you will feel that you should definitely win back and as we all know very often this leads to even more spending.

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January 18, 2023, 01:53:16 PM
 #147

If you are a gambler with discipline for sure that you will make a plan to make a gambling for your entertainment but if you are just a gambling who would like to prefer for a luck and have a budget losses is not in your vocabulary some people manage to win a lot with their risk and all of their risk-taking but of course not all the time it happens, it depends on the gambling habit still of the player, but for me ideal to have a set budget if you are just in the middle class to lower would like to play gambling because there's more use of money than taking the risk to win just my cent.

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January 18, 2023, 02:30:43 PM
 #148

I think most of us usually lose the most when we are on a good running streak and get over confident such that  we increase the stake instead of keeping the winning formula going all because of greed... Imagine you were playing with 50 cent entries on slots but because you have been able to catch a few big multipliers you decide to go with a higher amount which only let's you play less than 20 rounds, it's a recipe for disaster. But if these losses come, best to leave the work station and try to get mindset to reset and rested by trying something off any gambling platforms and trying your luck again.
That means we can't control our greed in gambling, which has happened to many people. If we can control ourselves, especially after we can get a big win or a big multiplier and stop right away, we can enjoy that win by withdrawing the winning money and celebrating it. But we know that getting a big win will give us the thought that it is when our luck comes and we can continue playing to get another big win. But that's not the case and we will crash and lose the winning money even more quickly.
A big win comes with great motivation and big expectations. But to so many, this usually results in big losses because they will end up picking odds randomly with little fear of losing111. I realize that, with much staking power, risk can be controlled, but only a few people know how to control risk with good staking power, I tag this person to be "greedy". It is too much greed that brings in much loss to so many gamblers.

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Cling18
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January 18, 2023, 03:00:28 PM
 #149

If you are a gambler with discipline for sure that you will make a plan to make gambling for your entertainment but if you are just a gambler who would like to prefer for a luck and have a budget losses is not in your vocabulary some people manage to win a lot with their risk and all of their risk-taking but of course not all the time it happens, it depends on the gambling habit still of the player, but for me ideal to have a set budget if you are just in the middle class to lower would like to play gambling because there's more use of money than taking the risk to win just my cent.

Allocating a budget that is for gambling alone without affecting your daily budget for your necessities should be the right way of spending your funds. Losses could only affect us emotionally if we are already spending the funds that we couldn't afford to lose. The right mindset has a big impact on our whole gambling journey so we must have the proper perspective right from the beginning. If your goal is to make a huge profit or to get rich real quick in gambling then you are not far from having emotional damage in case you have losses.
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January 18, 2023, 03:08:34 PM
 #150

Everything comes down to having a plan and being disciplined enough to follow through with said plan. As long as you have a concrete plan that you will be willing to follow, there's no way losing money over gambling is gonna get to you. Personally, I employ a three-loss-three-wins plan. Whenever I get as much as three wins in one sitting, I call it a day even if I still feel lucky. Same goes with losses, this way, I make sure I don't get addicted and that my funds are kept in check, in such that they don't dry up in one sitting. I suggest you try that plan out too if you're still lost with what to employ, or maybe think of a plan that really resonates with you.

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January 18, 2023, 03:32:19 PM
 #151

Quite for sure it's emotional when gambler loses a bet but it depends on the amount of money that I used in my staking, that will actually determine the extent at which I'm gonna feel pataining my lose. This reason,  the way I've used in handling my loses is, I ensure each time I'm placing my bets I don't over bet by putting large amount of money and also ensure using the amount money that I'm with losing.
If a gambler loses more than he can afford to lose, there will be a negative effect. But it can be under control if the gambler has forethought. In other words, if he loses as much as he will bet, how can he recover the loss that should be thought before betting. Since loss is a common aspect of gambling, everyone should know how to control it. But as a simple control strategy i need to bet when I have enough money and I can take break if needed.

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January 18, 2023, 03:32:56 PM
 #152

Any money that I put in gambling I have already counted it as a lost money. I don't have much expectation of win but if it happens I will be happy. If it does not happen I'll just forget about it.
How I handle my lost is that whenever I loss a bet, I'll reduce my betting power subsequently. I lose again I reduce amount until it gets to zero, I'll know I have lost out in everything

If that's true, at least you have very good self-control. even when you experience defeat, you can reduce the share for your bet. the reason is, most gamblers will be tempted to make a re-deposit of a higher amount to recover their losses. I, myself, always budget with what I'm prepared to lose. because betting has a very high level of risk of losing. moreover, for this type of betting game that is purely based on luck. but, nevertheless we have to know the essence of why we gamble. that's important, because if you want to make a profit it's better to focus on work or business. but if it's only for entertainment and fun, we won't get high pressure if we lose a bet. of course, with reasonable deposit limits.

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January 18, 2023, 03:37:01 PM
 #153

Quite for sure it's emotional when gambler loses a bet but it depends on the amount of money that I used in my staking, that will actually determine the extent at which I'm gonna feel pataining my lose. This reason,  the way I've used in handling my loses is, I ensure each time I'm placing my bets I don't over bet by putting large amount of money and also ensure using the amount money that I'm with losing.
If a gambler loses more than he can afford to lose, there will be a negative effect. But it can be under control if the gambler has forethought. In other words, if he loses as much as he will bet, how can he recover the loss that should be thought before betting. Since loss is a common aspect of gambling, everyone should know how to control it. But as a simple control strategy i need to bet when I have enough money and I can take break if needed.
Losses are part of life and one should deal it with an open mind , specially when you are gambling and as we know its risk taking so do it with an open mind to face all kinds of results . Incase you win its your good but if you loose accept it and avoid stress and tension .
Always keep a balance in your life either its your income or expanses or gambling or any other habit , never go over board in anything so that there is always a way back .

.
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January 18, 2023, 03:47:34 PM
 #154

Any money that I put in gambling I have already counted it as a lost money. I don't have much expectation of win but if it happens I will be happy. If it does not happen I'll just forget about it.
How I handle my lost is that whenever I loss a bet, I'll reduce my betting power subsequently. I lose again I reduce amount until it gets to zero, I'll know I have lost out in everything
What?! "You win, you are happy", "you lose, and you don't care". Yet, you are already counting the deposit money as a loss. That seems to be the illogical pattern of how gamblers react whenever they are on the ecstasy of winning and regretting when they are losing. I am gambling because I like emotional sways, happiness, excitement, mad, regret, sadness, joy, and others.
Handling losses is the worst part of being a gambler especially if the game you are playing is within your reach, like now with online gambling sites, the casino games.
In sports, there are instances when you become a fan of a team in a specific sport, you could get emotionally inclined to them and take the bet further if you feel like your team is on the losing side. i.e. adding more in their handicap although it's an obvious blowout.

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January 18, 2023, 04:02:39 PM
 #155

Unless you can accept the loss on your own, you should not go to the betting section. First you have to deal with the loss in yourself. Even if you are going to trade there will be losses so first you have to build your ability to handle losses then you can start trading. So I would like to say that those who bet in the gambling section need to strengthen their mentality the most. Because the gambling section will depend entirely on luck. If you are lucky you can win. And without luck you can never win. So you have to always participate with a strong mindset to deal with it otherwise you may end up having a heart attack. So before participating in the gambling section you need to make your mind up in such a way that even if you lose you can stand properly and adjust yourself.

Any money that I put in gambling I have already counted it as a lost money. I don't have much expectation of win but if it happens I will be happy. If it does not happen I'll just forget about it.
How I handle my lost is that whenever I loss a bet, I'll reduce my betting power subsequently. I lose again I reduce amount until it gets to zero, I'll know I have lost out in everything
Dealing with losses is not easy, most people will continue to chase losses and eventually get to the point where they have nothing to play for. Self-control, limiting finances and most importantly being aware that gambling is not the only way that can be solved quickly. The disadvantages that I often see from those closest to me are those who are unable to control their emotions, are too ambitious and as if playing again will multiply their wins. Wrong way of thinking, careless, and such a person is only sure to be diagnosed as an addicted gambler.

Like most people handle losses, namely by limiting the balance or simply by allocating funds to play every week or month.

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January 18, 2023, 04:09:51 PM
 #156

Quite for sure it's emotional when gambler loses a bet but it depends on the amount of money that I used in my staking, that will actually determine the extent at which I'm gonna feel pataining my lose. This reason,  the way I've used in handling my loses is, I ensure each time I'm placing my bets I don't over bet by putting large amount of money and also ensure using the amount money that I'm with losing.
If a gambler loses more than he can afford to lose, there will be a negative effect. But it can be under control if the gambler has forethought. In other words, if he loses as much as he will bet, how can he recover the loss that should be thought before betting. Since loss is a common aspect of gambling, everyone should know how to control it. But as a simple control strategy i need to bet when I have enough money and I can take break if needed.
Losses are part of life and one should deal it with an open mind , specially when you are gambling and as we know its risk taking so do it with an open mind to face all kinds of results . Incase you win its your good but if you loose accept it and avoid stress and tension .
Always keep a balance in your life either its your income or expanses or gambling or any other habit , never go over board in anything so that there is always a way back .
Agree, When one goes to gamble one takes a risk.  So loss can't hurt him too much.  But yes loss always hits everyone which may be more or less based on the amount. But if I have a loss, I smoke a lot first and drink alcohol if I have a lot of loss.  I know they are harmful to the body.  Yet it has to be done to comfort myself.


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January 18, 2023, 04:11:44 PM
 #157

I think most of us usually lose the most when we are on a good running streak and get over confident such that  we increase the stake instead of keeping the winning formula going all because of greed... Imagine you were playing with 50 cent entries on slots but because you have been able to catch a few big multipliers you decide to go with a higher amount which only let's you play less than 20 rounds, it's a recipe for disaster. But if these losses come, best to leave the work station and try to get mindset reset and rested by trying something off any gambling platforms and try your luck again.
That's exactly my issue with gambling on slots, i always get over confident every time am on a winning streak and i would always get this funny thinking of going all in with my stake instead collecting and maintaining my Normal winning formula and this always results to me loosing alot, its just like the winning streak is actually a trap set for you to lose more. When the losses starts coming i just hold back and end my gambling for that day because if i try to chase my losses and get back my funds it will result to further frustrating losses.

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January 18, 2023, 04:18:37 PM
 #158

Any money that I put in gambling I have already counted it as a lost money. I don't have much expectation of win but if it happens I will be happy. If it does not happen I'll just forget about it.


This is the most bullshit reason or whatever shenanigans that I heard on gambling. Why the heck you are gambling if you didn’t expect to win and just counted your money as lost once you deposit? It’s better to send your money to donation so that it can help poor people rather than spend it on your nonsense gambling since you didn’t want to win. Seriously why you do need to play gambling if you have this kind of resolve.

Winning is what makes people drive to gamble more but in your case you are like zombie playing without any goal to achieve. Zzzzz



you made me laugh a lot because I keep telling people that they shouldn't look at gambling as a way to make money fast, I say that so people don't deceive themselves and don't lose all the goods they have because of gambling bad luck, but I make bets in search of profits, but unfortunately I cannot talk or encourage people to enter the world of games of chance to seek profits, I know that lying is something ugly and disgusting, but there are times that the person need to omit a few things, I think @Docnaster is in the same situation, maybe he is in the gambling world looking for profit but he can't say that because it could be seen as if he is giving people advice and encouraging to participate in games of chance to profit

How I handle my lost is that whenever I loss a bet, I'll reduce my betting power subsequently. I lose again I reduce amount until it gets to zero, I'll know I have lost out in everything

in my opinion you should keep the same bet amount, for example if you have 10$ in your bankroll, and you only place bets on games with odds of @2.00 and up, then you can place a 1$ bet, if you win you have 11$ in the bankroll, you already have 11 games to bet on, the ideal is to always keep the same bet amount and bet on games with odds of @2.00 or above, of course you have to choose the games well

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January 18, 2023, 04:58:00 PM
 #159

I say to myself after a loss - it is just a bad game not a bad life.
Winning and losing abound. I try not to whine too much about the loss. In fact, I play call of duty whenever I have a loss, or I look for a game that requires me to think critically -Chess.
When I play any of these, I do not have the time to romanticize about losing. This is how I handle losing. Chasing loses is for amateurs. It never ends well so I do not do it.

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January 18, 2023, 05:09:53 PM
 #160

I think it is best to separate your gambling spending from your regular life's spending. Never invest what you are not willing to lose. So having a fixed amount to spend in your gambling would help a lot to take emotional decision.
Then comes the loss. If you are losing in a streak, never continue the play. Taking a break from it will help. I've heard taking a bath with hot water helps clear your mind. So consider doing that.
If you make some profit. Withdraw that into a separate account. Go in with the main asset. This will ensure you to focus on profits and motivate you to keep your cool. Because you already have your profits safe. If you spend all, thinking that you can make more with that, then you will lose.
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January 18, 2023, 05:23:10 PM
 #161

I say to myself after a loss - it is just a bad game not a bad life.
Winning and losing abound. I try not to whine too much about the loss. In fact, I play call of duty whenever I have a loss, or I look for a game that requires me to think critically -Chess.
When I play any of these, I do not have the time to romanticize about losing. This is how I handle losing. Chasing loses is for amateurs. It never ends well so I do not do it.

Wise words... I really like the way you handle your losses, you are a smart gambler and not an emotional one. Play with the brain and not with the heart, like a pro.

In gambling when we lose is because we had bad luck, and we can't blame ourselves for that, it's what it is, and as you mention, losing in chess doesn't make us feel that bad because we recognize how our opponent was better than us, and that doesn't mean he had better luck.

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January 18, 2023, 05:38:29 PM
 #162

I have to convince myself that it's just a game. Losing is something natural, so there's still the next day to play to win. Of course, you have to think of playing casino just for fun, so you don't feel disappointed, let alone curious when you lose.
Losses in gambling is inevitable once I lose I move on everyday can't be green there are bound to be some red days, I play soccer bets and it's very obvious there are days when upsets is created thus losses will be incurred, however having an edge in term of profit in the long run matter most in as much as I am profitable I wouldn't bother if I lose some bettings, infact I close my App and quit for the day once I had some streak of losses, bearing in mind that there are abundant opportunities ahead rather than continue to chase my losses consequently might lead to losing all my available funds.

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January 18, 2023, 06:32:00 PM
 #163

We all handle emotions differently, also the way each of us admit our losses differs. I love playing dice and blackjack on my favorite casino and have never had a big win, but I make sure not to chase my loss if I lose. I have learned to deal with losses, it wasn't easy from the beginning, but it gradually became part of me over time.

Not everyone is good at letting go of their loss. I used a four way strategy to train myself into admitting my loss:


First I draw a plan of how much I am willing to risk for any bet:
I so much believe everything starts with a plan. To avoid been carried away by my loss or urge of trying more chances I first plan how much I'm willing to risk and if it goes I pause to try again when next I have made new budgets.

I make sure I don't pay attention to the leader board:
I try my best to avoid this board because it can be tempting and compelling seeing how much a user cashed out the hungry to try a little luck might make me go against my plan

I ensure I drink enough water to reduce risk of heat stress :
I won't want to be under any compulsion or stress after a loss, so I make sure I drink water to stay hydrated, and it helps manage my mood even if I lost.

I ensure my emotion is in check:
I remind myself regularly that I am only having fun that can either be winning or loss, and what ever be the outcome it is for the fun of the moment and not a get rich quick scheme.

I avoid greedy friends
Friends play a big role in the character of a person. Someone who is never greedy can become greedy based on a friend's influence. I rather take a small win and walkaway than risk it all to lose even my win.

Handling how you deal with losses can be pretty challenging. Its something that not everyone is capable of acieving as it pretty much relates to how you deal with your emotions. For me, I had to go through some years to learn how to handle the losing streak stress and avoid chasing the loss. Nowadays, im much more confident and simply quit playing when I get to that point. And this works both ways as a gambler also needs when to stop when winning.
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January 18, 2023, 06:48:23 PM
 #164

The only time when I allow a loss to get to me is when I have so much expectations from the game. For sports betting. A loss hurts real bad when I knew I did my homework on the team, the analysis etc and I became damn sure that I was going to win but end up losing. I curl back into my shell for some days. I am not happy. I just want to be alone. When I start feeling better I come out. This helps me.

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January 18, 2023, 07:45:50 PM
 #165

The only time when I allow a loss to get to me is when I have so much expectations from the game. For sports betting. A loss hurts real bad when I knew I did my homework on the team, the analysis etc and I became damn sure that I was going to win but end up losing. I curl back into my shell for some days. I am not happy. I just want to be alone. When I start feeling better I come out. This helps me.

Being alone is one of the comfort that a person need in forgetting the mistake that being done, it's common to a gambler they limit themselves from any interactions while thinking about the losses that they've experienced, they will find some wisdom with the quiet environment and after they overcome that feelings they will start to move on, some will continue playing while other will quit for good.

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January 18, 2023, 07:55:18 PM
 #166

We all handle emotions differently, also the way each of us admit our losses differs. I love playing dice and blackjack on my favorite casino and have never had a big win, but I make sure not to chase my loss if I lose. I have learned to deal with losses, it wasn't easy from the beginning, but it gradually became part of me over time.

~snip~

Excellent topic.
And I'd like to add to something I once read about "bad runs" in sports games....

"Bad Run" which are those sequential losses that wipe out the bankroll of any player, even those who play with prudence:

  • Natural Reds: are those losing bets that are out of the bettor's control, either because of a very bad performance by the team you bet on or way above the average of the opposing team. Or even isolated bids, such as missed goals, expulsions, injuries, etc. That's part of football and in the long run bets tend to cancel out!
  • Avoidable reds: those reds that you could have avoided! These are really bad bets. Some analysis factor or information that you failed to consider or even a bet placed based on guesswork. In these cases it is important to re-evaluate the way you are analyzing to better filter your entries.

So, if the analysis of your results indicates more natural than avoidable reds, there is not much you can do, after all, this type of red is the result of the variance of sports results. Keep calm, and try again another day.

If it's the opposite, then you need to reassess your learnings or even change your sport.

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January 18, 2023, 07:57:40 PM
 #167

People prefer not to think about how they deal with losses in advance. You just want to win and based on that you can map out a certain strategy. Losses are seen as a kind of backup and everyone deals with their losses differently. You can have a nice system by building in a certain mechanism in case of losses, but most don't stick to that and then they go into overdrive. The consequences of this are known. If you don't want to think about possible gambling and the associated losses, it might be better not to gamble at all. Hardly any player can handle his losses well and 95% will continue to gamble.

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January 18, 2023, 08:02:14 PM
 #168

I only set an amount of money when gambling. This way I can manage risk while gambling. I always have my emotions in check whenever gambling and take several pauses or breaks in between gambling to freshen up and to avoid being greedy. I also set an amount where I will stop gambling once I win an "x" amount. This way I can control my greed. Whenever you I am in a losing streak I never trust my guts that the next round will be a win, I stop briefly. There are a lot of things we can do to handle losses, however, emotion is one of our greatest enemies when gambling. We get carried away, we cannot think straight because of emotion.
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January 18, 2023, 08:03:31 PM
 #169

Talking about handling losses, we can not be hundred percent sure we can handle it entirely because loosing while gambling is inevitabe at first place, but i believe there are some loss in which could have been prevented by us from happening if we had taken charge of some certain things, gamblings is all about placing bet and when you stake a game and expect it coming but didn't, then try to engage more strategies and techniques that could help you have a recovery on your lost games in the next round, you can also put space to give it a time interval before the next one in other to reset yourself for the next round.

R


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January 18, 2023, 08:23:03 PM
 #170

I only set an amount of money when gambling. This way I can manage risk while gambling. I always have my emotions in check whenever gambling and take several pauses or breaks in between gambling to freshen up and to avoid being greedy. I also set an amount where I will stop gambling once I win an "x" amount. This way I can control my greed. Whenever you I am in a losing streak I never trust my guts that the next round will be a win, I stop briefly. There are a lot of things we can do to handle losses, however, emotion is one of our greatest enemies when gambling. We get carried away, we cannot think straight because of emotion.
Discipline is the most important because in this way we can at least control some big risks, especially in the budget that has been set, while managing emotions is still a bit of an obstacle for everyone including me but I always refresh my mind so that emotions don't become too much even though it is the biggest enemy of gambling.
I admit that now I can control the budget, accept the risk of losing the game, don't get emotional, and there are limits that must be done so as not to overdo it when we are losing at gambling.

R


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January 18, 2023, 08:23:51 PM
 #171

I know topic like this wasn't really new but I still found a little difference here in your thread. Out of those things that you said, I can relate more in looking at the leaderboard. I got jealous each time I look at them and said to myself that I will also gamble huge and bet on higher multipliers to get the same win but as usual most of the thing that I get is losses.

We should realize that luck isn't proportionally given. Sometimes others have it and we don't and then there are time we have it but they don't. I will surely try the other tips that you gave especially drinking water each gambling session. I can gamble for a long time and I forget to drink water. In the streams of other gamblers, I noticed that they also drink water often so maybe this really helps normalize our mood and bring positive effects in our plays.

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January 18, 2023, 08:27:09 PM
 #172

Talking about handling losses, we can not be hundred percent sure we can handle it entirely because loosing while gambling is inevitabe at first place, but i believe there are some loss in which could have been prevented by us from happening if we had taken charge of some certain things, gamblings is all about placing bet and when you stake a game and expect it coming but didn't, then try to engage more strategies and techniques that could help you have a recovery on your lost games in the next round, you can also put space to give it a time interval before the next one in other to reset yourself for the next round.
There are really times that you cant really be able to avoid yourself to control on the time that you do suffer or experience losses which its normal since we are just humans.Handling out losses is never been simple

or easy because it would really make yourself that impulsive and ending up neither on banging up something or punching to express or explode up on what you are feeling on that particular situation.

You wont really be that having that kind of reaction if you are really just using the amount which you can only afford to lose which you would really be saying
to yourself that it would really be just fine.

R


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January 18, 2023, 08:32:34 PM
 #173

If you are a gambler with discipline for sure that you will make a plan to make a gambling for your entertainment but if you are just a gambling who would like to prefer for a luck and have a budget losses is not in your vocabulary some people manage to win a lot with their risk and all of their risk-taking but of course not all the time it happens, it depends on the gambling habit still of the player, but for me ideal to have a set budget if you are just in the middle class to lower would like to play gambling because there's more use of money than taking the risk to win just my cent.
Of course, you would not lose too much if you stick on your budget for gambling. But in most cases, even if you set a budget, that won’t still be followed especially if you think you are lucky because you keep on winning your bets, so you decided to bet more and forget about your gambling limits. If you stay that way, you will always make huge losses from gambling because of your greed and lost of discipline.

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January 18, 2023, 09:12:40 PM
 #174

Talking about handling losses, we can not be hundred percent sure we can handle it entirely because loosing while gambling is inevitabe at first place,

You're not making sense here. You aren't sure if you can handle the loss, knowing it's inevitable? If you know it's inevitable, get ready for it beforehand. When you know you're going to get drunk that evening, you make sure you take a bus or a taxi so that your car doesn't get left somewhere in the city, you eat a good meal, tell your family where you'll be in case you got lost or couldn't get home by yourself. You can get ready for most things in life and you can get ready for a loss of money. How? For instance by betting small amounts and making sure the loss won't affect your life. Pay your bills first, if you have a loan make sure monthly installment is covered, put some money aside for unexpected things and gamble with the rest.


 

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January 18, 2023, 09:25:24 PM
Last edit: January 18, 2023, 09:43:21 PM by blockman
 #175

Finding a good diversion to ease the frustrations will be a good help to re-assess yourself, some may find themselves drinking coffee
while analyzing what happened.

It is the opinion though and not all can just drink coffee and release those emotions, those who can are good in handling losses and they can
just easily to move forward and continue to whatever they are planning to do next.
This is also a good strategy for handling your bad days because you're losing, looking for some other things for your attention and doing it will make you forget and accept the losses lightly. It is without a doubt that someone who's really good in moving on doesn't need these things because they've been used to it.

The best way is to distract yourself into something like some hobby or physical activities which would really divert out your attention into and you would really be forgetting on what you had recently

experienced.Thing here is that you do really know on what you are doing and you do really know on how to handle up yourself because on the time that emotion would kick in then it

would really be hard to stop it if you dont really have that sufficient self control and discipline which would worsen up the situation or condition.
Once you've been into this situation, you'll start to realize that it shouldn't be that heavy to you if you've got these ways of accepting losses. You'll be taking the moment until you finally realize that you'll have to do normally every time you loss and yes, just like you two said, just look for something else to be busy with.

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January 18, 2023, 09:29:42 PM
 #176

Talking about handling losses, we can not be hundred percent sure we can handle it entirely because loosing while gambling is inevitabe at first place,

You're not making sense here. You aren't sure if you can handle the loss, knowing it's inevitable? If you know it's inevitable, get ready for it beforehand. When you know you're going to get drunk that evening, you make sure you take a bus or a taxi so that your car doesn't get left somewhere in the city, you eat a good meal, tell your family where you'll be in case you got lost or couldn't get home by yourself. You can get ready for most things in life and you can get ready for a loss of money. How? For instance by betting small amounts and making sure the loss won't affect your life. Pay your bills first, if you have a loan make sure monthly installment is covered, put some money aside for unexpected things and gamble with the rest.


That's what you call preparation. So if you are into gambling, you should already know the consequences.
And with such possible consequences, you can already make your options how to tackle those situations.
Yes, like possible loss of money. How do you handle such situation? Pay your bills first as you stated.
Or use only your extra funds so you won't regret or blame yourself for being too careless.
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January 18, 2023, 09:56:37 PM
 #177

Of course, you would not lose too much if you stick on your budget for gambling. But in most cases, even if you set a budget, that won’t still be followed especially if you think you are lucky because you keep on winning your bets, so you decided to bet more and forget about your gambling limits. If you stay that way, you will always make huge losses from gambling because of your greed and lost of discipline.

Agree with you. Setting up a budget can even lead gamblers to push for more.

Scenario A:
Why should they stop if on a winning streak? Let's say they busted all their budget on that session, they will have that revenge mindset since they do feel lucky earlier that's why they will risk again another round of their budget in hopes to be lucky again.

Scenario B:

If the set budget is all wrecked, again, a revenge mindset to chase those losses will be the next plan in most cases.

Setting up a budget doesn't really work. The gambler itself should try to force themselves to stop at a given scenario.

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