Chasing losses - Double down bet or Bet twice?

[Russlenat]

What do you typically do when you are on chasing loss situation?

You will most likely lose more if you try to chase losses.

When I gamble and I lost, I just stop to bet if I know that I use big amount of money, but what I can still afford to lose. If I am using small amount, gambling to just have fun, I just continue to gamble and never think of it as losses, if the amount I set for that time is lost, I stop to gamble. Next time, I would have forgotten that I even lost.

I guess if you are really a gambler, not to chase our losses is actually hard to do especially if we are losing such a huge amount. Good thing if they are just small losses, but if they become big already, I think chasing our losses is not that bad but if we are still committing the same mistakes again and lose more, then it’s better to just stop gambling and go home eventually. That is better than to gamble more and lose more of your money.

[Sanitough]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

Well, it depends on my available bankroll amount. If I have some money to spare with, chasing some losses and even betting twice the amount is possible so you can recover your loss quickly, but if you have only small balance available, then it’s better to stay on minimal amount until you recover your losses. But accept the fact that once you continue to bet, you are allowing yourself to lose more and eventually give the edge to the casino house.

[tabas]

What do you typically do when you are on chasing loss situation?

Crazy things such as betting with all that I've got and having that yolo mindset. It's hard to make that whenever I'm in tough situation in gambling because I want to chase my losses, my emotions are too high and it's uncontrollable.
I want to get as much as return as I want as soon as possible and that makes sense for me to bet one in a blow and play by having a yolo mentally for which sometimes ending up good but mostly, not.

[Lanatsa]

What do you typically do when you are on chasing loss situation?

Crazy things such as betting with all that I've got and having that yolo mindset. It's hard to make that whenever I'm in tough situation in gambling because I want to chase my losses, my emotions are too high and it's uncontrollable.
I want to get as much as return as I want as soon as possible and that makes sense for me to bet one in a blow and play by having a yolo mentally for which sometimes ending up good but mostly, not.

Going all in is never been ideal whether you are dealing with investment, how much more with gambling?  

If you dont like to experience or suffer more deeper losses then you shouldn't be having this kind of habit but if you do have the money something needs to be burnt then its your choice.
Sometimes its really our emotions that do drives us to make some crazy moves and decisions in life.

So its a personal choice whether on how you do make out your bets.

[bitcampaign]

I use 2 times the bet like the martingale strategy, but sometimes I always play consistently when I lose at a certain point I will stop playing to take time to find loopholes and other strategies, don't be too passionate against the gambling machine always be calm and relaxed even though the situation is in a losing state

[tabas]

What do you typically do when you are on chasing loss situation?

Crazy things such as betting with all that I've got and having that yolo mindset. It's hard to make that whenever I'm in tough situation in gambling because I want to chase my losses, my emotions are too high and it's uncontrollable.
I want to get as much as return as I want as soon as possible and that makes sense for me to bet one in a blow and play by having a yolo mentally for which sometimes ending up good but mostly, not.

Going all in is never been ideal whether you are dealing with investment, how much more with gambling?  

If you dont like to experience or suffer more deeper losses then you shouldn't be having this kind of habit but if you do have the money something needs to be burnt then its your choice.
Sometimes its really our emotions that do drives us to make some crazy moves and decisions in life.

So its a personal choice whether on how you do make out your bets.

It's really not an ideal thing but if you are in the situation, as I've said that we can do crazy things and those are just a few from the lot possibilities that you can do.
Well, you're all right that it's a matter of personal choice and we're all grown ups to understand what will be the potential outcome of it. We just can expect that it might quite good at the end but then the result varies.

[Baofeng]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

I can feel you mate, been in this situation money times before, sometimes I do pull the trigger and take it a notch higher, bigger bet size. And sometimes it works, winning and recovering my losses. But not all the time though, so it's really hard when we are in a losing streak. All strategies are being thrown out of the windows.

What do you typically do when you are on chasing loss situation?

And that's where our control and emotion gets in, if we have total control of it, maybe we will slow down and maybe call it a day and not chase our losses. And think that tomorrow might be different for us. So I guess that is the best practice, I know it's hard, but it's all in the mind.

[nullama]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

If I'm in that situation, I stop gambling.

I learned very quickly many years ago, and with only a bit of money, that you can lose way more trying to recover your initial loss.

Not worth it in my opinion. Set the amount you want to bet, and be done with it. Winning or losing, doesn't matter. Stick to the plan. Emotions will only make things worse.

Some people end up in a very bad situation because they wanted to chase their loses. Even huge companies have collapsed because of this.

Just don't mix emotions and gambling, that's a terrible combination.

[Sandra_hakeem]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

Either of these way's wack!! You'll still lose, even more bigger if you keep trying this ways... How many times have you tried and it cuts?? Keep them counting....Can you? ..
Hear this; there's no recovery or rescue system that advices that you keep betting, is there?? Anyone would simply be some similar, lame assumptions. Gambling isn't a game of Chance, it's actually a game of Luck.
I've seen several instances where 'em gamblers be comparing different sessions of a club's head to head,, but it still turns out the opposite from their initial predictions....

Sandra 🧑‍🦰

[Issa56]

What do you typically do when you are on chasing loss situation?

I think the best thing is for you not to chase the loss, if you try that then you are likely to lose more money, you won't even be able to do your analysis well again, all what you will be after is just your win which at the end you might endup losing all your money. Whenever you are losing and you notice it's getting too much, just stop gambling for that moment and come back another time, if you want to use any strategy to win back your loss, then don't be suprise that you will keep on losing.

[Lanatsa]

What do you typically do when you are on chasing loss situation?

Crazy things such as betting with all that I've got and having that yolo mindset. It's hard to make that whenever I'm in tough situation in gambling because I want to chase my losses, my emotions are too high and it's uncontrollable.
I want to get as much as return as I want as soon as possible and that makes sense for me to bet one in a blow and play by having a yolo mentally for which sometimes ending up good but mostly, not.

Going all in is never been ideal whether you are dealing with investment, how much more with gambling?  

If you dont like to experience or suffer more deeper losses then you shouldn't be having this kind of habit but if you do have the money something needs to be burnt then its your choice.
Sometimes its really our emotions that do drives us to make some crazy moves and decisions in life.

So its a personal choice whether on how you do make out your bets.

It's really not an ideal thing but if you are in the situation, as I've said that we can do crazy things and those are just a few from the lot possibilities that you can do.
Well, you're all right that it's a matter of personal choice and we're all grown ups to understand what will be the potential outcome of it. We just can expect that it might quite good at the end but then the result varies.

When we are engaging on something which isnt just limited to gambling alone but also in other aspects in life  which does need that making up a decision then it would really be that crucial whether you would be doubling the risk to acquire something or would really just let it go and would be accepting for whatever results or outcome would be able to hit or acquire out.?
This is really just the same when you do gamble. Everything would varies on our decision if we do have something that we could still able to pay up and spend then go for it.
People's leisure contentment isnt really the same and this is why we do see different scenarios.

[Strongkored]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

It seems that the conditions are the same, a calm mind can make players think better about setting a strategy to increase the bet amount or stay but sometimes players get frustrated so they often make the wrong decisions, sometimes they don't just raise bets without good calculations but also often go all in because they think it's time , and I am a person who often does this all in when I'm chasing the loss, and it becomes a bad decision that makes all the balances run out.

[Plaguedeath]

Chasing losses in gambling is a bad idea because you will end up lose more and then blame yourself for did that. You will not be happy and enjoy during your gambling session, you might ask for loan in order to chase all of your losses that you use all of your money.

Just gamble what you can afford to lose, no need to force yourself to make money through gambling because you will not always lucky.

[Davidvictorson]

What do you typically do when you are on chasing loss situation?

We all know the inherent dangers of chasing losses. It always ends with premium tears. However, sometimes, not all the time, even non-compulsive gamblers let their emotions get the best of them. I am guilty of this. Whether we choose to admit it or not, it is not all the time that we gamble for fun; sometimes, but not all the time, we actually gamble to win despite knowing that the odds are against us. It is at this point that we chase our losses. During this time, I wager the same amount multiple times until I finally hit a winning streak, and even if it's just a 5% increase over my initial wager, I leave happy.

[carlisle1]

What do you typically do when you are on chasing loss situation?

I think the best thing is for you not to chase the loss, if you try that then you are likely to lose more money, you won't even be able to do your analysis well again, all what you will be after is just your win which at the end you might endup losing all your money. Whenever you are losing and you notice it's getting too much, just stop gambling for that moment and come back another time, if you want to use any strategy to win back your loss, then don't be suprise that you will keep on losing.

Stop and try to chill for a while,

you might find some breathing instead of chasing for your losses and continue to add more money to lose
when you already suffering from a bad losing streak. Something that is really hard to stop when you are getting aggressive to win
back those amounts that you are not willing to let go, you need to accept that inside gambling there's always a huge risk.

[Taskford]

What do you typically do when you are on chasing loss situation?

However, sometimes, not all the time, even non-compulsive gamblers let their emotions get the best of them. I am guilty of this. Whether we choose to admit it or not, it is not all the time that we gamble for fun; sometimes, but not all the time, we actually gamble to win despite knowing that the odds are against us. It is at this point that we chase our losses. During this time, I wager the same amount multiple times until I finally hit a winning streak, and even if it's just a 5% increase over my initial wager, I leave happy.

Even if we called ourselves as well disciplined gamblers still there are time that we are out of focus and sometimes commit mistakes like this. Its normal reaction since sometimes our pride over powered us then we want our losses to return back on our wallets.  But what good thing about that is we learn a lesson since for sure realization about things we do and mistakes we commit came up then next time we do more careful so that we can enjoy what we are playing.

[mvdheuvel1983]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

One of the root causes of gambling addiction can be traced to down to chasing losses. It is like the hangman's noose.
In my conversations with gambler's, some prefer to bet twice, and some others prefer to double down bet with the intention to recover the initial loss which they know is difficult to achieve but can found a way to convince themselves that it is possible.
Once, I double down bet and ended up incurring more losses. I learnt from personal experience that double down bet is way worse than betting twice as your chances of incurring more losses becomes high. Always know when to walk away, you would leave to fight another day.

[btc_angela]

I guess the gambler in all of us, of course we wanted to chase our losses and bet double down on the next, martingale system. But we all know that the risk is huge so it's all in or go home mentality.

And I do hope that it will be like that, otherwise, if you lose again after a double down and you don't have any capital, you might think of depositing for more and that's where the problem arises as you might be addicted in chasing your losses.

[Synchronice]

I always have a dilemma when it comes to chasing losses in gambling. When I’m in the good mood, I preferred betting using the same amount multiple times until I hit a winning streak to recover my lose but when I’m in bad mood, I usually increase my bet size equals to my total lose so that I can recover quickly.

What do you typically do when you are on chasing loss situation?

Are you damn serious? It's casino, how can you aim to hit a winning streak to recover? What if you don't recover? Are you going to lose your whole balance?
If I were you, I would dedicate certain amount of money for gambling and wouldn't care about win/lose ration. It would be better for my mood, better for my budget and better for everyone.
Just my piece of advice: If you have been gambling for money for a while and find it difficult to stop yourself alone and do double bet and similar budget destroying things, just write down the plan that if the balance reaches X amount, you'll just turn off the game and don't gamble that day! Remind this to yourself, stick with your plans. If you feel nervous, just go to the GYM and spend your energy there.

[Peanutswar]

In my opinion, this kind of gambling habit is quite expensive because you require every time you play to cover all of your losses which is not too ideal not all time can you recover from those losses unless you have a consistent bet until you reach the previous losses. Instead have a great strategy even not the same bet just until you reach the amount you are goal.

I guess the gambler in all of us, of course we wanted to chase our losses and bet double down on the next, martingale system. But we all know that the risk is huge so it's all in or go home mentality.

And I do hope that it will be like that, otherwise, if you lose again after a double down and you don't have any capital, you might think of depositing for more and that's where the problem arises as you might be addicted in chasing your losses.

I did the same thing chasing with the martingale and of course I just have a limited asset for game play end of the day it doubles my losses but it doesn't mean its applied to others too.