How do you handle your losses

[seoincorporation]

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.

[gabbie2010]

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.

[Blawpaw]

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.

[Davidvictorson]

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.

[Fredomago]

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.

[alegotardo]

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.

[BitcoinAccepted]

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.

[Genemind]

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.

[348Judah]

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.

[$crypto$]

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.

[redsun114]

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.

[Lanatsa]

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.

[Russlenat]

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.

[darkangel11]

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.


 

[blockman]

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.

[TimeTeller]

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.

[chaser15]

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.