How do you handle your losses

[Betwrong]

~
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.

[Google+]

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.

[xSkylarx]

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.

[EarnOnVictor]

@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.

[TheUltraElite]

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.

[PawGo]

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.

[Inwestour]

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.

[Taskford]

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.

[Plaguedeath]

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.

[madnessteat]

^

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.

[348Judah]

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.

[ultrloa]

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.

[AicecreaME]

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.

[rendravolt]

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.

[naira]

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.

[taufik123]

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.

[Yatsan]

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.

[Fredomago]

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.

[Rruchi man]

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.

[YOSHIE]

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.