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Author Topic: Stopping the curse of losing streak?  (Read 1391 times)
Dr.Bitcoin_Strange
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May 06, 2024, 03:54:46 PM
 #261


What I did is I stop gambling for a week and decided to try different game so that my mind will be fresh and positive. I play slot games and manage to win huge amount that is enough to recover my 3 weeks losses and gain a decent profit. I’m just using small bet on slot games when I hit the huge jackpot.

In conclusion, if you are already having a rough time on playing same game over and over despite you have a good experience on it before. Trying new games to you and taking break will help you to snap out of your losing streak because chasing losses usually make us trap on our losses.



In your case, how do you approach when you are on losing streak so badly on specific game. Does changing game works for you?

Yes, it is usually in trading that I kind of have this experience: after trading for a long time, I become more anxious and tensed, which begins to give me a bad trade. But how I combat such a situation is to just avoid trading for a few days, and when I return, my mind is already refreshed. Such character is what I still apply to gambling. Some days or weeks I can make wrong predictions and run losses, but if I give myself total abstinence for some weeks, when I go back, I get more lucky. So, the way I prevent more losses is to take some breaks; it could be a 2- to 3-day break or even a week. 

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May 06, 2024, 04:10:00 PM
 #262


Gambling can make you lose millions in a day if you can't manage to control your emotions and if you chase winning. Losing 3bets straight is not good anymore and an indication that we are not lucky today which we need to stop for a while. There is no other strategy to avoid major losses other than controlling ourselves and knowing when to stop. More gamblers get in trouble because they always think "What if I'm lucky in the next bet and win the jackpot". This kind of thinking will certainly be pushing us to lose more rather than saving our ass from happening.


Aside from that hope also addiction push gambler to keep chasing, thinking that luck may find his way to back you up and immidiately will  give you the chance to recover your money, though the possible earnings might be too small but there's some who knows how to play with their emotions and manage to take some wins from the house, it's a case to case situation same deal with those who losses a lot as they experienced bad losing streaks.

I think all of the problem points start from having excessive expectations on gambling, which when someone has expectations on winning then as you said above that they will definitely continue to chase victory with a certain goal, whether it's to become rich or restore something that has been lost before, and also with you having excessive expectations on winning then usually you will always think positively or mean having high confidence at the beginning of the session that you will be able to win at the end of the session, and this is the wrong mindset because however the possibility of losing will always be a part that can never be separated.

This is the reason why gamblers are always advised to limit their expectations of winning, as it is clear that this mindset will only bring you closer to more regrets especially when you are away from luck.

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May 06, 2024, 04:42:55 PM
 #263


Gambling can make you lose millions in a day if you can't manage to control your emotions and if you chase winning. Losing 3bets straight is not good anymore and an indication that we are not lucky today which we need to stop for a while. There is no other strategy to avoid major losses other than controlling ourselves and knowing when to stop. More gamblers get in trouble because they always think "What if I'm lucky in the next bet and win the jackpot". This kind of thinking will certainly be pushing us to lose more rather than saving our ass from happening.


Aside from that hope also addiction push gambler to keep chasing, thinking that luck may find his way to back you up and immidiately will  give you the chance to recover your money, though the possible earnings might be too small but there's some who knows how to play with their emotions and manage to take some wins from the house, it's a case to case situation same deal with those who losses a lot as they experienced bad losing streaks.

I think all of the problem points start from having excessive expectations on gambling, which when someone has expectations on winning then as you said above that they will definitely continue to chase victory with a certain goal, whether it's to become rich or restore something that has been lost before, and also with you having excessive expectations on winning then usually you will always think positively or mean having high confidence at the beginning of the session that you will be able to win at the end of the session, and this is the wrong mindset because however the possibility of losing will always be a part that can never be separated.

This is the reason why gamblers are always advised to limit their expectations of winning, as it is clear that this mindset will only bring you closer to more regrets especially when you are away from luck.
Some people see gambling as a means to make a fortune for their future, such people will never stop chasing their losses because of this mindset of theirs. Even if you tell them not to chase their losses, they will not listen to you because they have ready made up their minds and willnot just let go of all their losses.

How wish those gamblers can understand that gambling is give and take, the casino gives you the entertainment and you pay for it, that is why you should only gamblw with the amount that you can afford to use for paying for the game that you enjoyed. I guess that if a lot of gamblers know that they will lose more than they will profit from gambling, they will not gamble.

.
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May 07, 2024, 08:17:08 AM
 #264

People who cannot control themselves when gambling are not far away, they are likely to lose a lot of money, even though they have won, but if they cannot control themselves they can continue gambling by increasing the bet amount to be bigger and more risky for them. themselves, especially when a loss occurs with the balance they have or the winnings they have obtained are lost again, it is very likely that they will not be able to accept this. they may insist on gambling again because they want to recover the losses that have occurred.

Of course, losing in gambling cannot be avoided, but big losses can be avoided if we can control ourselves well as you said. One action that can prevent big losses is to stop when you lose, realizing that winning at gambling cannot be obtained easily, even though we insist on winning, there is nothing that can guarantee that it will be easy and that we can definitely win at gambling. the thoughts you say will only put them in an unfavorable situation.

Yes, stopping for the moment helps in such a losing streak. But gamblers may find it hard to end the gambling session due to their involvement in the game being too strong such that their funds can't get forgotten easily. They'll play harder to earn their funds again. Gambling stress leads to a losing streak, the player wagers without calculating. Because his energy has been exhausted but his goal yet to be achieved. The type of goals players have in mind before starting a gambling sessions is also a cause to their inability to control losing streak.

Like in the discussed topic of doubling money immediately and leave, such goals can make a player forget about his losses and focus on doubling his money. Human expectations are insatiable, even when they win the money, playing further could be their next goal. So, nothing beats halting the process and rest for a next session. No day is a lucky day in gambling, but a player can be lucky enough next time and currently not to lose out all his funds trying to win as he expected.

That can indeed happen, with gambling which has its own strong attraction, it can make it difficult for them to quit gambling even if they experience a losing streak. If you think that gambling stress causes consecutive losses, in fact, in my opinion, it is the losing streak that makes gamblers stressed. Their inability to accept defeat is what puts them in big trouble. Big losses cannot be stopped if they themselves cannot limit themselves in gambling. by them doing excessive gambling, such as by playing harder with their budget that continues to be added to be able to win, however, defeat cannot be avoided for sure. defeat has become an obvious thing that will happen.

The mistake lies in their goals. Many gamblers whose goal is to double the money they bet. Apart from that, with them like that it is very likely that they will not pay attention or think about the aspect of defeat that is certain to occur. and when they experience defeat, they cannot accept it, so this gives them the urge to gamble again with the aim of turning things around.

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May 07, 2024, 11:30:41 AM
 #265


Some people see gambling as a means to make a fortune for their future, such people will never stop chasing their losses because of this mindset of theirs. Even if you tell them not to chase their losses, they will not listen to you because they have ready made up their minds and willnot just let go of all their losses.

Will let go till they still got money to use, the kind of mindset that mostly suffered from huge addiction, remember gambling is so addicted even sometimes you already in the winning streak, instead of quitting and take your profits, you'll push ahead and think of trying to recover those amount that you already lose. Eventually you'll just lose it back and add it up to your losses.

Quote
How wish those gamblers can understand that gambling is give and take, the casino gives you the entertainment and you pay for it, that is why you should only gamblw with the amount that you can afford to use for paying for the game that you enjoyed. I guess that if a lot of gamblers know that they will lose more than they will profit from gambling, they will not gamble.

Hahaha, for entertaiment purpose, yes it's easy to think like that, but no, gambler most of them thinks that they can take advantage and win some from this venue of entertainment.


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May 07, 2024, 03:45:18 PM
 #266


I think all of the problem points start from having excessive expectations on gambling, which when someone has expectations on winning then as you said above that they will definitely continue to chase victory with a certain goal, whether it's to become rich or restore something that has been lost before, and also with you having excessive expectations on winning then usually you will always think positively or mean having high confidence at the beginning of the session that you will be able to win at the end of the session, and this is the wrong mindset because however the possibility of losing will always be a part that can never be separated.

This is the reason why gamblers are always advised to limit their expectations of winning, as it is clear that this mindset will only bring you closer to more regrets especially when you are away from luck.
Some people see gambling as a means to make a fortune for their future, such people will never stop chasing their losses because of this mindset of theirs. Even if you tell them not to chase their losses, they will not listen to you because they have ready made up their minds and willnot just let go of all their losses.

How wish those gamblers can understand that gambling is give and take, the casino gives you the entertainment and you pay for it, that is why you should only gamblw with the amount that you can afford to use for paying for the game that you enjoyed. I guess that if a lot of gamblers know that they will lose more than they will profit from gambling, they will not gamble.

Yes that is always the first disease that gamblers have which in the end the idea will only trap themselves in many problems especially losing balance in their finances. I think it is a fact that gambling can never be used as a place to earn because there is absolutely no element of consistency in terms of winning, we must understand that winning always depends on luck while luck will only happen occasionally and by "chance" which means that out of 10 sessions you might only be able to get 3 - 5 wins and that also rarely happens.

On the other hand what you said is true that even though we have told them about the dangers of having intentions and goals to earn in gambling in the end for them it is nothing more than a passing wind, or something that they will not hear at all, I don't know the exact reason but what is certain is that they already have such a high level of belief and hope in winning that it makes it difficult for them to be able to think clearly and rationally. And yes, it's true that seeing gambling as a paying game is a pretty good mindset that can keep you from getting serious about winning.

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May 08, 2024, 04:20:23 AM
Last edit: May 08, 2024, 06:41:26 AM by wxa7115
 #267

Some people see gambling as a means to make a fortune for their future, such people will never stop chasing their losses because of this mindset of theirs. Even if you tell them not to chase their losses, they will not listen to you because they have ready made up their minds and willnot just let go of all their losses.

How wish those gamblers can understand that gambling is give and take, the casino gives you the entertainment and you pay for it, that is why you should only gamblw with the amount that you can afford to use for paying for the game that you enjoyed. I guess that if a lot of gamblers know that they will lose more than they will profit from gambling, they will not gamble.
Once a person has convinced themselves that things are supposed to work in a certain way, it is almost impossible to persuade them, especially when it comes to money matters, as they will think they are so much smarter than you are and that you cannot understand their ingenuity.

So the only thing that can convince people like that is undeniable evidence they are wrong, and when it comes to gambling, this often means monstrous losses they cannot ever hope to recover.

.
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May 08, 2024, 05:13:35 AM
 #268


Yes that is always the first disease that gamblers have which in the end the idea will only trap themselves in many problems especially losing balance in their finances. I think it is a fact that gambling can never be used as a place to earn because there is absolutely no element of consistency in terms of winning, we must understand that winning always depends on luck while luck will only happen occasionally and by "chance" which means that out of 10 sessions you might only be able to get 3 - 5 wins and that also rarely happens.

I wonder why many individuals would still see something that has a very high risk rate as a medium for earning a living they fail to understand that it’s not good to place your fate on something that luck plays a big role in and there's a possibility that you could only win once or twice out of 10 trials that's why it's advised that gambling should be seen as a means of entertainment and not a platform to make money.

  I think most people who see gambling as their final hope are those that's been living in poverty and out of frustration would be looking for any means to be financially balanced and that's why they'll barely give listening ears to advice since they've set their mind on it already. But then they're making the wrong choice cause it could help them become increase their poverty rate. The fact that not everyone wins a jackpot should be an eye opener to them.

R


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May 08, 2024, 05:37:48 AM
 #269

Some people see gambling as a means to make a fortune for their future, such people will never stop chasing their losses because of this mindset of theirs. Even if you tell them not to chase their losses, they will not listen to you because they have ready made up their minds and willnot just let go of all their losses.

....


the typical gambler who is very difficult to advise is the type of gambler we often see in casinos, because usually this type of gambler is very selfish and doesn't think about the impact of his gambling on his finances. he doesn't think about the bad effects when he gambles, because the most important thing for him is how he can gamble and catch up on his losses. it's really a pity to see the family of this type of gambler, because usually his family will be tormented by how his behavior is quite aggressive and very difficult to deal with.

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May 08, 2024, 08:59:19 AM
 #270

Some people see gambling as a means to make a fortune for their future, such people will never stop chasing their losses because of this mindset of theirs. Even if you tell them not to chase their losses, they will not listen to you because they have ready made up their minds and willnot just let go of all their losses.
the typical gambler who is very difficult to advise is the type of gambler we often see in casinos, because usually this type of gambler is very selfish and doesn't think about the impact of his gambling on his finances. he doesn't think about the bad effects when he gambles, because the most important thing for him is how he can gamble and catch up on his losses. it's really a pity to see the family of this type of gambler, because usually his family will be tormented by how his behavior is quite aggressive and very difficult to deal with.
You should not be a gambler like that because you already know that gambling will not give you win easily. You also don't need to chase the losses you have experienced because that could make you lose more. You only need to apply restrictions when gambling so that you can control your losses.

If you have experienced loss several times, you should immediately think about stopping gambling immediately. It would be better for you to avoid another loss. You can also save the rest of your money from losing so you can use it to gamble another day.

By always thinking about the losses we can experience, we will try to avoid loss after loss from gambling. We don't want to experience big losses, so we should be careful when gambling. Moreover, we can control losses with this limitation so they don't get bigger.

.
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May 08, 2024, 12:51:05 PM
 #271


You should not be a gambler like that because you already know that gambling will not give you win easily. You also don't need to chase the losses you have experienced because that could make you lose more. You only need to apply restrictions when gambling so that you can control your losses.

Setting limitation is the best protection to avoid losing more, if you can practice that and you avoid exceeding from what you
set for your limits then gambling will allow you to enjoy your daily or whatever routine you've got.

Quote
If you have experienced loss several times, you should immediately think about stopping gambling immediately. It would be better for you to avoid another loss. You can also save the rest of your money from losing so you can use it to gamble another day.

Correct, instead of thinking of any other strategy to push forward better to quit and stop your session for sure it will allow you to refresh and not to lose more money.

Quote
By always thinking about the losses we can experience, we will try to avoid loss after loss from gambling. We don't want to experience big losses, so we should be careful when gambling. Moreover, we can control losses with this limitation so they don't get bigger.

Indeed, if we can control our emotions it will help us not to lose more money, just enough and amount that you can easily let go.

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May 08, 2024, 04:35:19 PM
 #272


Yes that is always the first disease that gamblers have which in the end the idea will only trap themselves in many problems especially losing balance in their finances. I think it is a fact that gambling can never be used as a place to earn because there is absolutely no element of consistency in terms of winning, we must understand that winning always depends on luck while luck will only happen occasionally and by "chance" which means that out of 10 sessions you might only be able to get 3 - 5 wins and that also rarely happens.

I wonder why many individuals would still see something that has a very high risk rate as a medium for earning a living they fail to understand that it’s not good to place your fate on something that luck plays a big role in and there's a possibility that you could only win once or twice out of 10 trials that's why it's advised that gambling should be seen as a means of entertainment and not a platform to make money.

  I think most people who see gambling as their final hope are those that's been living in poverty and out of frustration would be looking for any means to be financially balanced and that's why they'll barely give listening ears to advice since they've set their mind on it already. But then they're making the wrong choice cause it could help them become increase their poverty rate. The fact that not everyone wins a jackpot should be an eye opener to them.

Yes, it is true that this is what makes it difficult for me to think and find reasons why they still think of making gambling a place to earn or a place to earn income, none other than because after all in common sense and a rational mindset the idea can never work because after all as I said that gambling is always at risk where winning will only happen when you are lucky which means that if you are unlucky then obviously you will lose and lose the amount of money that is bet.

On the other hand in my opinion this is the beginning of a gambler ending up addicted and experiencing a lot of problems and all of that happens because they gamble but are not armed with the right understanding of how gambling really is, and as you said above and I agree with it that it is too dangerous an idea to seek income in a place that only relies on luck and yes this is the reason why a gambler is always advised to see gambling as a means of entertainment without putting any seriousness and hope.

Another thing is that I quite agree with you that most likely treating gambling in the wrong way will be done by people who are having financial problems such as those who are poor which is a fact that there are usually some people who go to any means just to get money because they are under pressure in their financial problems such as those who are desperate to steal or rob and maybe it is also no different from trying to make gambling a place to earn, even though it is wrong but when someone is dominated by desperation then the idea is very possible for them to do.

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May 08, 2024, 04:43:08 PM
 #273

I’ve been on losing streak for almost 3 weeks of gambling, not daily but in random basis for over 3 weeks. Mostly I play only live blackjack using small bankroll around 50$ to 100$  . No matter what I do, slow play or whatever betting strategy makes me lose since dealer card is always so good around 90% of my game.

What I did is I stop gambling for a week and decided to try different game so that my mind will be fresh and positive. I play slot games and manage to win huge amount that is enough to recover my 3 weeks losses and gain a decent profit. I’m just using small bet on slot games when I hit the huge jackpot.

In conclusion, if you are already having a rough time on playing same game over and over despite you have a good experience on it before. Trying new games to you and taking break will help you to snap out of your losing streak because chasing losses usually make us trap on our losses.



In your case, how do you approach when you are on losing streak so badly on specific game. Does changing game works for you?

You're talking about a problem that is inherent to many types of gambling. There's a reason that casinos and sportbooks make massive amounts of profit each year. With casinos it's because they're offering games where they up front tell you that you're destined to lose money every play by a certain percentage. In sportbooks they do massive data analysis and human tweaking to offer specific odds - on top of which they work in a buffer amount to give them even higher profits. A losing streak is expected behaviour on a regular basis when you are facing this scenario.

R


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May 13, 2024, 08:18:39 AM
 #274

~ With five such losses in a row you can gamble away a budget of a small country. Smiley
~ At 24 in a row the odds of this happening are like 12 million x, haha.

In other worse, everything is possible anytime, anywhere.


That's right and that's why we should always keep it in mind and never risk an amount that we can't afford to lose because the chances of your losing "are zero". They never zero. Never. The same way you can hit the jackpot in Mega Millions or Powerball when you have one in 300 million chance of winning, you can hit an unbelievably long losing streak, and should be ready for that.

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May 13, 2024, 04:03:48 PM
 #275


Yes that is always the first disease that gamblers have which in the end the idea will only trap themselves in many problems especially losing balance in their finances. I think it is a fact that gambling can never be used as a place to earn because there is absolutely no element of consistency in terms of winning, we must understand that winning always depends on luck while luck will only happen occasionally and by "chance" which means that out of 10 sessions you might only be able to get 3 - 5 wins and that also rarely happens.

I wonder why many individuals would still see something that has a very high risk rate as a medium for earning a living they fail to understand that it’s not good to place your fate on something that luck plays a big role in and there's a possibility that you could only win once or twice out of 10 trials that's why it's advised that gambling should be seen as a means of entertainment and not a platform to make money.

  I think most people who see gambling as their final hope are those that's been living in poverty and out of frustration would be looking for any means to be financially balanced and that's why they'll barely give listening ears to advice since they've set their mind on it already. But then they're making the wrong choice cause it could help them become increase their poverty rate. The fact that not everyone wins a jackpot should be an eye opener to them.

Yes, it is true that this is what makes it difficult for me to think and find reasons why they still think of making gambling a place to earn or a place to earn income, none other than because after all in common sense and a rational mindset the idea can never work because after all as I said that gambling is always at risk where winning will only happen when you are lucky which means that if you are unlucky then obviously you will lose and lose the amount of money that is bet.

On the other hand in my opinion this is the beginning of a gambler ending up addicted and experiencing a lot of problems and all of that happens because they gamble but are not armed with the right understanding of how gambling really is, and as you said above and I agree with it that it is too dangerous an idea to seek income in a place that only relies on luck and yes this is the reason why a gambler is always advised to see gambling as a means of entertainment without putting any seriousness and hope.

Another thing is that I quite agree with you that most likely treating gambling in the wrong way will be done by people who are having financial problems such as those who are poor which is a fact that there are usually some people who go to any means just to get money because they are under pressure in their financial problems such as those who are desperate to steal or rob and maybe it is also no different from trying to make gambling a place to earn, even though it is wrong but when someone is dominated by desperation then the idea is very possible for them to do.
You're talking about desperate folks who think gambling will get them out of debt. Fucking tragic, man. They're desperate, but using luck is pointless. The insidiousness of gambling addiction is alarming. It starts tiny, a "harmless" gamble here and there, then dopamine addiction sets in. They start pursuing losses, lying to loved ones, and losing control

We need to talk about this crap to teach others how gambling exploits the weak and desperate. We must show sympathy and support to those already affected because it's not about willpower, it's about rewiring that darn brain. It's not acceptable to watch individuals ruin their life. Understanding the problem and reaching out can lead to recovery.

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May 14, 2024, 03:48:13 AM
 #276

Some people see gambling as a means to make a fortune for their future, such people will never stop chasing their losses because of this mindset of theirs. Even if you tell them not to chase their losses, they will not listen to you because they have ready made up their minds and willnot just let go of all their losses.

....


the typical gambler who is very difficult to advise is the type of gambler we often see in casinos, because usually this type of gambler is very selfish and doesn't think about the impact of his gambling on his finances. he doesn't think about the bad effects when he gambles, because the most important thing for him is how he can gamble and catch up on his losses. it's really a pity to see the family of this type of gambler, because usually his family will be tormented by how his behavior is quite aggressive and very difficult to deal with.
Most gamblers are very responsible with the amount of money they bet, it is just a minority that are unable to control themselves, and unfortunately for them this tendency will keep showing up and it will make them to suffer huge losses.

It is because of this I think those people should not gamble at all, since even if they could learn to control themselves at some point, the costs they will incur during that process will be so high, that it is not worth at all to go through all of that just to learn such lesson.

.
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May 14, 2024, 03:57:44 AM
 #277

~ With five such losses in a row you can gamble away a budget of a small country. Smiley
~ At 24 in a row the odds of this happening are like 12 million x, haha.

In other worse, everything is possible anytime, anywhere.

That's right and that's why we should always keep it in mind and never risk an amount that we can't afford to lose because the chances of your losing "are zero". They never zero. Never. The same way you can hit the jackpot in Mega Millions or Powerball when you have one in 300 million chance of winning, you can hit an unbelievably long losing streak, and should be ready for that.
If they understand it and know how gambling really works I sure there will be no mistakes in decision making, but unfortunately most gamblers don't take this seriously and they only think about how to win and profit.
In gambling, the percentage of losses will always be much greater and those who take risks by risking money that is much higher than the acceptable amount will only suffer disappointment and also feel devastated by the defeat.
It is true that no one knows what the opportunities in gambling will be like, the chance of winning always comes unexpectedly but the chance of losing is always right before eyes and is something should worry about, no gambler will truly get big profits without losses.

After all, no gambler can avoid losing and they can only rely on luck to avoid it, but this is not easy and can never be achieved every time.
Indeed, the only best way is to use money that has been limited and be able to accept it when it is lost, forget about jackpots or big wins because actually when we enter gambling that is the time when we have to suffer defeat.

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May 14, 2024, 06:12:45 AM
 #278

I’ve been on losing streak for almost 3 weeks of gambling, not daily but in random basis for over 3 weeks. Mostly I play only live blackjack using small bankroll around 50$ to 100$  . No matter what I do, slow play or whatever betting strategy makes me lose since dealer card is always so good around 90% of my game.

What I did is I stop gambling for a week and decided to try different game so that my mind will be fresh and positive. I play slot games and manage to win huge amount that is enough to recover my 3 weeks losses and gain a decent profit. I’m just using small bet on slot games when I hit the huge jackpot.

In conclusion, if you are already having a rough time on playing same game over and over despite you have a good experience on it before. Trying new games to you and taking break will help you to snap out of your losing streak because chasing losses usually make us trap on our losses.



In your case, how do you approach when you are on losing streak so badly on specific game. Does changing game work for you?

You are right, and for those who don't know, the casino games are watching, those times you spend on them are very important for them to turn your luck away from you, taking some time off will reset that, many people don't know this.

Casino games are monitoring spirits, they know humans will want to win, and they always want to win, so like you said OP, if things aren't favoring you for too long it is best to take and break and choose a different game, I have also tried it and it worked for me.

Sometimes before I would change the casino and go for another online casino, but now changing the game after a week off is a good resetting strategy, it is true that we can't avoid losing but you shouldnt be losing for a vwry long time, even as someone who likes risking small amount it becomes noticeable that i have been losing for too long.

.
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