How do you handle your losses

[Cantsay]

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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[Lanatsa]

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.

[RockBell]

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.

[aioc]

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.

[o48o]

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.

[Theones]

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.

[Gosgosking]

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.

[blockman]

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.

[n0ne]

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.

[darkangel11]

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.

[harizen]

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.

[ChiBitCTy]

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.

[STT]

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.

[harizen]

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.

[goinmerry]

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.

[ralle14]

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.

[traderethereum]

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.

[Accardo]

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.

[MiliMil]

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.

[Die_empty]

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.