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[Franklyn-wood]

Regardless of whatever the case might be, it is very wrong to chase after our losses because it will only end up making us loss more and that's why it is always advised that, we have a set down principles to follow while we gamble because with this, we will be able to keep and stay in check as we gamble.

I don’t really know what usually gives people the mindset of trying to recover what they have lost in gambling and what also made them feel like they can win it all back, because we all knows how it used to end and anyone who have been gambling for long can only be tempted to chase loses but won’t ever want to do it.

A player trying to recover his loss is natural and something we all do but what makes the difference is how we go about it. If a player want sto recover losses by the martingale method, then he will be burnt completely If luck is not on his side. On the other hand, if the quest for recovering is decoid of greed and desperation, then the player will be able to evaluate the losses and find the reason for same and then work on that with reduced or same amount of money used previously. I have recovered losses many times and I do that calmly and in wisdom knowing that I cannot attach desperation to it and succeed. I only ensure I played only reliable games without experimenting anything.

I feel for people in this case that with desperation and emotion are driving into more losses because of the quest to recover from a previous loss. The best to do is to withdraw from gambling at a point of loss and do other things, then with time more insights and motivation will come that can increase the chances of winning again. More importantly with a lesser amount to be on a safer sides .
I have discovered that Lossing more intended for a special project are reason when desperation sets in to a gambler and can lead to many other negative decision taken by the gambler.

[Lida93]

I have discovered that Lossing more intended for a special project are reason when desperation sets in to a gambler and can lead to many other negative decision taken by the gambler.

That's exactly what stimulates the adrenaline for loss chasing from gamblers and it's actually a clear class of indiscipline for a person to use funds specially meant for some project to gamble. I wonder what they're thinking in the middle of that action. Now when the money is lost they don't have another means to replace it but to continue gambling in a mirage hope of recovering the lost funds. A habitual gambler can't be trusted with special funds, because by the time you think the money is still intact, it has already vanished.

[virasog]

It is very difficult to stop playing when you lose your money. Many people think that if they continue to play they can compensate the loses and will have a chance to win.

Chasing losses will only make you lose more and I haven't seen anyone recover losses in this way. Yeah if one is patience and do not gamble without risk management, they can still recover loses in next days and weeks but the intention should never be to recover the loss.

Why we say this is because as soon as you tell your mind that you need to recover losses, it will change your mind completely, you would accept loss and become too emotional with your gambling play. Its seen that once the person is in stress (the losses in this case), he can never make the right move and loses more.

[Barikui1]

A player trying to recover his loss is natural and something we all do but what makes the difference is how we go about it. If a player want sto recover losses by the martingale method, then he will be burnt completely If luck is not on his side. On the other hand, if the quest for recovering is decoid of greed and desperation, then the player will be able to evaluate the losses and find the reason for same and then work on that with reduced or same amount of money used previously. I have recovered losses many times and I do that calmly and in wisdom knowing that I cannot attach desperation to it and succeed. I only ensure I played only reliable games without experimenting anything.

In your own perspective it might look natural, but I don't think that chasing losses is natural for someone that is actually treating gambling as something he or she does for fun.
 Additional why would someone that is actually gambling for fun stake an amount he can't easily let go, instead he start chasing his losses?
For anyone to get to the level of chasing losses, that means that the person have a motive of making money from gambling or he has gamble with an amount he just can't let go, their is no two ways about it.

[khaled0111]

It is very difficult to stop playing when you lose your money. Many people think that if they continue to play they can compensate the loses and will have a chance to win.

And that’s because of the most common or number one gambler’s fallacy where gamblers believe that if they lose the current round, their chances of winning the next one increase and vice versa. So, the more they lose, the more hope they have that a win is close, or so they think.
Unfortunately, it doesn’t work that way and what those gamblers fail to understand is that, in fair games, each bet is independent of the previous one. So, you can hit a very long losing streak that can drain your entire balance.

[adultcrypto]

It is very difficult to stop playing when you lose your money. Many people think that if they continue to play they can compensate the loses and will have a chance to win.

And that’s because of the most common or number one gambler’s fallacy where gamblers believe that if they lose the current round, their chances of winning the next one increase and vice versa. So, the more they lose, the more hope they have that a win is close, or so they think.
Unfortunately, it doesn’t work that way and what those gamblers fail to understand is that, in fair games, each bet is independent of the previous one. So, you can hit a very long losing streak that can drain your entire balance.

Hope is what sustain gambling and without it, a single loss is enough to make a player stop gambling. So, I will not hold it against a player for hoping that they will win or lose the next round due to the outcome of a certain, it might just be how they maintain their psychological balance. What is paramount is gambling within budget so that even if there is a loss, it is already budgeted for as something the player can lose without trauma. I have been in losing streak before and the only thing that helped me was that the money were set aside for gambling.

[Eternad]

Hope is what sustain gambling and without it, a single loss is enough to make a player stop gambling. So, I will not hold it against a player for hoping that they will win or lose the next round due to the outcome of a certain, it might just be how they maintain their psychological balance. What is paramount is gambling within budget so that even if there is a loss, it is already budgeted for as something the player can lose without trauma. I have been in losing streak before and the only thing that helped me was that the money were set aside for gambling.

People who playing a lot time in casino mostly lose their money, because casino use money of players.
It just destribute money of players between the players and take some money for its work.

Casino has their own bankroll that much bigger to the total deposit of the players to match their winning bet or else they will be closed if a whale player manage to win win and withdraw funds since casino will be out of liquidity.

It’s true that casino continuously get profit from players bankroll but they still need to use their own to cover big winnings from whale players then slowly recover it back from other players or to that same player later on if he play again.

[Fivestar4everMVP]

It is very difficult to stop playing when you lose your money. Many people think that if they continue to play they can compensate the loses and will have a chance to win.

And that’s because of the most common or number one gambler’s fallacy where gamblers believe that if they lose the current round, their chances of winning the next one increase and vice versa. So, the more they lose, the more hope they have that a win is close, or so they think.
Unfortunately, it doesn’t work that way and what those gamblers fail to understand is that, in fair games, each bet is independent of the previous one. So, you can hit a very long losing streak that can drain your entire balance.

When I was very new to gambling, this believe made me waste a whole lot of money on gambling, especially when playing games like slot and casino games, each spin I lost always gives me a feeling that I am closer to that spin through which I will win and recover every penny I've previously lost and even make some profit as well.

It was as time goes that I began realizing that indeed, every bet/spin in gambling is independent of the previous bet/spin, that is after each bet/spin, the system automatically treats your next bet/spin like it's the very first from your account, many gamblers will want to say that this is absolutely unfair but unfortunately, this is exactly the way the system is designed and there's nothing we can do about it, this is one of the settings that give casinos more advantage compared to we the gamblers.

[CroverNo01]

Regardless of whatever the case might be, it is very wrong to chase after our losses because it will only end up making us loss more and that's why it is always advised that, we have a set down principles to follow while we gamble because with this, we will be able to keep and stay in check as we gamble.

I don’t really know what usually gives people the mindset of trying to recover what they have lost in gambling and what also made them feel like they can win it all back, because we all knows how it used to end and anyone who have been gambling for long can only be tempted to chase loses but won’t ever want to do it.

A player trying to recover his loss is natural and something we all do but what makes the difference is how we go about it. If a player want sto recover losses by the martingale method, then he will be burnt completely If luck is not on his side. On the other hand, if the quest for recovering is decoid of greed and desperation, then the player will be able to evaluate the losses and find the reason for same and then work on that with reduced or same amount of money used previously. I have recovered losses many times and I do that calmly and in wisdom knowing that I cannot attach desperation to it and succeed. I only ensure I played only reliable games without experimenting anything.

I feel for people in this case that with desperation and emotion are driving into more losses because of the quest to recover from a previous loss. The best to do is to withdraw from gambling at a point of loss and do other things, then with time more insights and motivation will come that can increase the chances of winning again. More importantly with a lesser amount to be on a safer sides .
I have discovered that Lossing more intended for a special project are reason when desperation sets in to a gambler and can lead to many other negative decision taken by the gambler.

There are gamblers that are truly desperate and trust me, there is absolutely nothing you can do about that but regardless, all we have to do is to continually advise and talk to these people maybe one day, they can change for good and maybe we never can tell.
It has always been spoken against chasing losses because it always ends with more losses, so as a gambler, we should try to know when to stop and when to continue playing.

[khaled0111]

Hope is what sustain gambling and without it, a single loss is enough to make a player stop gambling. So, I will not hold it against a player for hoping that they will win or lose the next round due to the outcome of a certain, it might just be how they maintain their psychological balance. What is paramount is gambling within budget so that even if there is a loss, it is already budgeted for as something the player can lose without trauma. I have been in losing streak before and the only thing that helped me was that the money were set aside for gambling.

I read your reply multiple times but I couldn’t figure out what you are trying to say!
If I'm getting you right then what you said is "don’t gamble more than you can affor to lose", right?
Well, that’s correct and no one can argue about it but this is not what I was talking about
Never mind, but  can you at  least explain what "psychological balance" mean?