Chasing looses Vs Finding closure: Any difference?

[QueenVera]

Chasing our losses isn't a key to recovery and this is the common mistake of most gamblers. It is actually the reason why many gamblers are losing their funds to the extent that they are even losing their assets. Accepting losses and knowing when to stop is the proper closure that we need. We can't always win against the house if that is our goal. Gambling results still rely on luck so we should not see it as a shortcut to getting rich.

But I think that no matter how strong we might think that we are, no matter how little our loss might be, we might at some point feel bad that we made such loss and most times in one way or the other, when we place our bets, do so with the hopes of recovering our losses and from the look of things, it seems so similar to chasing our losses which isn't supposed to be so.

Most times I've come to realize that most of this persons who chase after their losses don't really do so intentionally but rather they do so in quest to cover up their gambling capital and that's as a result of using money one can't afford to loss.

[slapper]

Same things happens with all of us cause we are also Playing with our emotions. Cause if we loose in betting than there are following things happens to us and these are very bad in terms of these?
1. We want to use all our money to Cover losses
2. We use a lot of leverage.
3. We don't use our hearts on this and that is very bad for us.
So that's why avoid all of these things in your life and they can be very dangerous.

And the worst thing that can happen to any gambler is to keep on gambling after losing funds hoping to recover by doubling his stake, because in most cases that is a very big risk as things might not always go as planned,  as the gambler might instead of winning, lose more funds, and that's why in such a scenario the best advice will be for such gambler to stop for the day, go home and rest, as in gambling luck has been known to be a major factor why most gamblers win a bet.

there are few people who accept defeats and losses, for example when a person is very proud and hates to lose and that person goes to a casino to play poker, that person starts to lose, that person will hardly stop playing because he feels that he is being humiliated , they are destroying his pride, and he still believes that in the next game he can reverse all defeats, the game is not just about the money he lost, for that person to win will mean returning his pride, the only way to make it stop to play will be when he runs out of money and they remove him from the table, but even when that person leaves the table, he will continue thinking about defeat and with that thought tormenting him

this person will sell things or borrow money to play again, he will play again because he believes that when he wins he will be able to get his pride back, some people act like that while other people want to get high profits fast, that's why every day is playing, whenever they lose they believe they need to continue playing because the next day they will win a lot, the damage that gambling has created in some people's lives is something very serious and worrying about addiction to gambling, it destroys the whole family . I see in my country many people playing without a controller, I have no doubt that I am dealing with gambling addicts

Yo, I feel you, it's like that saying, "no risks, no rewards," right? Yeah, gambling's got its downsides and can hook you, but life's a gamble too. We all risk it every day, stepping outta bed and facing the world. But gamblers? They go big for that potentially huge payoff. Can you blame 'em? That winning high, man, it's like you're king of the world, with everybody else gazing up, mad impressed.

Sure, there's a shadowy aspect to it all as well. It's too much for some people, and they wind up gambling away their life savings. Realize your capabilities and perform within them. But if you can maintain your cool, gambling can be a thrilling and lucrative experience.

[Oasisman]

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

That simply mean one thing, there is no actual closure that's going to happen, because chasing all your losses in gambling is close to impossible to achieve. Not unless if you have calculated all your accumulated losses and then put a single bet for the total amount that you lose  since day 1. Nobody would do that btw, as the risk are a hundred folds than betting at your normal range.
So, when someone wants closure, it's not necessary to chase those losses.

[DoublerHunter]

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

That simply mean one thing, there is no actual closure that's going to happen, because chasing all your losses in gambling is close to impossible to achieve. Not unless if you have calculated all your accumulated losses and then put a single bet for the total amount that you lose  since day 1. Nobody would do that btw, as the risk are a hundred folds than betting at your normal range.
So, when someone wants closure, it's not necessary to chase those losses.

^Definitely right and I agree with you.
Chasing losses in gambling is a risky and often futile behavior that can lead to further losses and negative outcomes. It is not a reliable way to achieve closure or regain a sense of control over one's gambling behavior because there is a big difference between chasing losses and finding closure in gambling.
Besides, finding closure in gambling involves accepting losses as part of the experience and moving on from them. This may involve setting limits on one's gambling behavior, seeking support from friends or family, or seeking professionals will help you much better.

[stomachgrowls]

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

That simply mean one thing, there is no actual closure that's going to happen, because chasing all your losses in gambling is close to impossible to achieve. Not unless if you have calculated all your accumulated losses and then put a single bet for the total amount that you lose  since day 1. Nobody would do that btw, as the risk are a hundred folds than betting at your normal range.
So, when someone wants closure, it's not necessary to chase those losses.

Closure is something that would really pertain about trying to break even with your losses and totally quit up but most likely the people who had been planning throughout with this kind of approach is that they do able to

commit out the other way around on which they do lost up even more just because they've been going after on that closure which does pertains to stopping out but ending up on completely devastated because they do
lost up even more amounts which means that chasing would really be ending up on eternity or into the time that you do still play gambling on which you would really be having this
kind of motive and mindset every now and then.

[STT]

Never chase losses, call a budget and stick to it.  If you use the budget up, return another day with a new attitude towards the game you are far more likely to win then chasing while hurting over your prior games.  You are owed nothing for prior losses, its bad attitude imo

[Silberman]

What happens is that when you are gambling at a physical casino you are subject to all kind of subtle techniques that the casino uses to make you to spend more, so before you know it you have lost all your money and you have no idea of how this could have happened, but when you are gambling online you are the one in control of your environment, and as such it is more difficult for online casinos to incite you to gamble with the same ease that a psychical casino can.

Yes! Inside physical casinos there are many factors that will drive you to keep playing the game, even you are already in the winning side the atmosphere will keep you to keep rolling and to keep chasing for more luck, on then you realized once losing streaks will hit you back and you will find yourself empty-handed!

Same with you. Online casinos have a lesser chance of pushing you unless you are already addicted and the word limitation is no longer effective. Chances are that you will also burn all your savings by keeping depositing and losing with the game you play.

Physical casinos use techniques similar to what you can find at a supermarket, basically the whole building is arranged in such a way this will make easier for people to gamble more than what they would have planned at the beginning of their evening, and when you add alcohol to the mix and its effects then we can see very easily how gamblers which prefer physical casinos have a higher chance than those which gamble online of losing a lot of money and eventually to begin chasing their losses.

[danherbias07]

Never chase losses, call a budget and stick to it.  If you use the budget up, return another day with a new attitude towards the game you are far more likely to win then chasing while hurting over your prior games.  You are owed nothing for prior losses, its bad attitude imo

I agree.
It may be difficult to do but when you get used to it, it becomes a discipline. Before, I find it hard to just let go of all my losses for a day especially when you are playing games like dice, slots, and Plinko. You just want to take that one last bet and see if you will get lucky for the last time but that always doesn't end up good. Because once you lose, you will tell yourself you will take another last shot until your wallet is depleted.
Bad attitude and that's not how we make profits in gambling. We should be wiser than that or else we will be like milking cows of these online casinos.

[btc78]

Gambler only fooling Himself if he pretends to be looking for closure because the truth is? there is no such thing instead it is a chasing of previous losses and that made them stays longer in table and even uses all their funds to gain what they losses and how much more they wanna earn.

[DaNNy001]

Never chase losses, call a budget and stick to it.  If you use the budget up, return another day with a new attitude towards the game you are far more likely to win then chasing while hurting over your prior games.  You are owed nothing for prior losses, its bad attitude imo

It's easy to say it out loud but it's very difficult to practicalize it. It's not as easy as you say it, to actually quit when you are gambling and you have experience a big loss is very hard. Your losses can really get to you and emotions during that period can frustrate you if you continue playing because all what will be in your mind is to get back your actual money used in playing the game not even the extra profits again. Gambling is fun but really disruptive when you always go for your losses so take the game as a win or loss situation, any of this two options that played out for when gambling should be embraced with good faith.

[lixer]

there are few people who accept defeats and losses, for example when a person is very proud and hates to lose and that person goes to a casino to play poker, that person starts to lose, that person will hardly stop playing because he feels that he is being humiliated , they are destroying his pride, and he still believes that in the next game he can reverse all defeats, the game is not just about the money he lost, for that person to win will mean returning his pride, the only way to make it stop to play will be when he runs out of money and they remove him from the table, but even when that person leaves the table, he will continue thinking about defeat and with that thought tormenting him

Gambling is not for people with pride, because it is not possible to not lose in gambling at all, and if that hurts their ego and they take an oath that they won't stop until they win back every penny, that will be the point from where their life will probably start getting imbalanced, and eventually, they will ruin themselves just because of their pride and ego.

Only patient people can gamble without bearing any life-changing losses since they can make up their minds to accept the losses and not chase them because they have strong control over their emotions.

[Plaguedeath]

Gambling is not for people with pride, because it is not possible to not lose in gambling at all, and if that hurts their ego and they take an oath that they won't stop until they win back every penny, that will be the point from where their life will probably start getting imbalanced, and eventually, they will ruin themselves just because of their pride and ego.

Most people forget if gambling is just for fun and make money is just a bonus, that's why people fall become an addict and trying hard to recover all of their losses. People are stupid for believing gambling streamers can make easy profit through gambling, since gambling is just need to spins and nothing else, it make they think gambling is really easy to make money. I'm not surprised because nowadays people are really lazy.

[Jody.Drummer]

I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.

That simply mean one thing, there is no actual closure that's going to happen, because chasing all your losses in gambling is close to impossible to achieve. Not unless if you have calculated all your accumulated losses and then put a single bet for the total amount that you lose  since day 1. Nobody would do that btw, as the risk are a hundred folds than betting at your normal range.
So, when someone wants closure, it's not necessary to chase those losses.

Maybe in some cases something like this could happen but it's only for a high level of luck and it can't be achieved by everyone.
On the other hand, on average nothing is certain about this and we must be aware that the hope of ending gambling in the hope of returning the loss is an act of desperation and obviously it is very reckless. because it's vuka. the profit you get is just an even bigger disaster because indirectly gambling in conditions like this has the greatest probability of losing.

[traderethereum]

Gambling is not for people with pride, because it is not possible to not lose in gambling at all, and if that hurts their ego and they take an oath that they won't stop until they win back every penny, that will be the point from where their life will probably start getting imbalanced, and eventually, they will ruin themselves just because of their pride and ego.

Most people forget if gambling is just for fun and make money is just a bonus, that's why people fall become an addict and trying hard to recover all of their losses. People are stupid for believing gambling streamers can make easy profit through gambling, since gambling is just need to spins and nothing else, it make they think gambling is really easy to make money. I'm not surprised because nowadays people are really lazy.

They still dream of getting money from gambling, which keeps them gambling.
Had they realized it would not make them rich, they would have given up gambling and looked for other ways to make money.
And if they can't stop after losing and keep playing and depositing more money, they will still lose even though they can win.
And it's better never to try to chase losses because it will only make you lose more money.

[Fredomago]

Gambling is not for people with pride, because it is not possible to not lose in gambling at all, and if that hurts their ego and they take an oath that they won't stop until they win back every penny, that will be the point from where their life will probably start getting imbalanced, and eventually, they will ruin themselves just because of their pride and ego.

Most people forget if gambling is just for fun and make money is just a bonus, that's why people fall become an addict and trying hard to recover all of their losses. People are stupid for believing gambling streamers can make easy profit through gambling, since gambling is just need to spins and nothing else, it make they think gambling is really easy to make money. I'm not surprised because nowadays people are really lazy.

They still dream of getting money from gambling, which keeps them gambling.
Had they realized it would not make them rich, they would have given up gambling and looked for other ways to make money.
And if they can't stop after losing and keep playing and depositing more money, they will still lose even though they can win.
And it's better never to try to chase losses because it will only make you lose more money.

We all know how addicted gambler can't resist the lust of playing, though in this scenario a gambler who wanted to quit and stop should not find any closure because of the chance that once he wins again, he will keep trying to duplicate it more, if you decided to quit just go on and make it happen don't look back and try it for another chance hoping that you will be able to recover and win back those losses.

it's always easy to say that it would be the last time then you will quit after, but when the enjoying part takes place you will start all over again, that's for sure mostly happened.

[jostorres]

Never chase losses, call a budget and stick to it.  If you use the budget up, return another day with a new attitude towards the game you are far more likely to win then chasing while hurting over your prior games.  You are owed nothing for prior losses, its bad attitude imo

It's easy to say it out loud but it's very difficult to practicalize it. It's not as easy as you say it, to actually quit when you are gambling and you have experience a big loss is very hard. Your losses can really get to you and emotions during that period can frustrate you if you continue playing because all what will be in your mind is to get back your actual money used in playing the game not even the extra profits again. Gambling is fun but really disruptive when you always go for your losses so take the game as a win or loss situation, any of this two options that played out for when gambling should be embraced with good faith.

Those who gamble with no control over their emotions are destined to lose more, I say more because those who have control over their emotions also lose but not to the extent of those with no control. So, every gambler needs to keep this one thing in their mind when they are about to gamble, never get angry or over-emotional as that will only cause you more losses.

People usually chase their losses when they start to get a bit angry from their losses and want to get their money back from the house, but they are so naïve to ignore the fact that the house never loses in the long run.

[Peanutswar]

Never chase losses, call a budget and stick to it.  If you use the budget up, return another day with a new attitude towards the game you are far more likely to win then chasing while hurting over your prior games.  You are owed nothing for prior losses, its bad attitude imo

People doing the martingale strategy when it comes to their losses this makes them an all in risk if they will make a good win they cope  up those losses but if not they must need to make another double up their wages just to cater those losses, thats seems like they are chasing all of those losses came from their game, for me better to stick with the gambling activity or plan so theres no problem with the path you are taking in playing gambling, its the casino's part to give entertainment and depends on the players decision how manage those risk managements.