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Author Topic: If we lose in gambling, what do we need to do?  (Read 2771 times)
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October 09, 2023, 03:24:20 PM
 #21

The important thing that we need to do is to know the limits that we have because you can lose a lot of money if you don't control it. I believe you cannot recover it by just gambling again. It should be a different scenario. If you continue gambling, then you might lose more and more and become addicted. Just try to control it and become patient with what you are doing.

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October 09, 2023, 03:25:33 PM
 #22

In your opinion, what should we do if we have lost a lot of money on gambling?
Just move forward. Learn from your past experience and reach a conclusion to understand rationally if you should repeat the same decisions again in the future or not.

Do we keep gambling to win so we can cover up previous losses?
Never. To chase losses will only lead you to further losses.

or stop and work normally and leave gambling? Or do you have other suggestions?
It's up to you to decide what to do. You are the one who knows your financial situation, personal goals and necessities more than anyone else on this forum. Just keep in mind you should only gamble with money your can afford to lose and that gambling isn't a method to make extra or full income in a fixed basis...

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October 09, 2023, 03:29:00 PM
 #23

In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

Put things this way: on a certain Saturday and Sunday you take out $100 and spend it on the beach with your family and friends. That $100 didn't give you any profit in terms of money, but it gave you joy to spend with your family and friends; on another weekend (Saturday and Sunday) you take 100$ you go to a restaurant with your friends, buy beers and play snooker and spend the whole night at the restaurant, then you go home, that 100$ you spent at the restaurant, you don't They made no financial profit, but you had fun with your friends. So you won't be complaining about the $100 you spent at the restaurant.

now on another weekend you take $100 and go with your friends to a physical casino, in that physical casino you play slots, poker, blackjack, you drink and talk with your friends for many hours, when you go home you don't will be complaining that you lost money at the physical casino because the time you spent having fun was worth it, so you should look at the online casino in the same way as the physical casino, if you didn't have the online casino, I highly doubt that the People would be playing in a physical casino every day, so people also need to look at online casinos as a place to have fun, and not as a place to make a profit.

That's why my advice would be that when a person starts to see gambling as a way of getting rich and has also lost a lot of money, then that person should immediately stop gambling and don't stop for many months, because if that person continues gambling, they will only bring misfortune to yourself

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October 09, 2023, 03:32:08 PM
 #24

what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

If you are losing money that you can’t afford to lose maybe you should stop gambling already because it’s not for you.

You should not count your lose if you want to enjoy gambling. Consider your previous loss money as payment to the gambling experience instead of counting it and think what you can buy using it because you are just torturing yourself with guilt. I lose a lot on gambling but I don’t count it but rather I just count my profit since this gives me fun. It’s like fooling yourself to avoid being guilty to your previous mistakes and loses. Don’t chase gambling if you don’t have enough money for yourself!

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October 09, 2023, 03:46:50 PM
 #25

In your opinion, what should we do if we have lost a lot of money on gambling?

I'll take a long off so I can forget the huge money that I lose if you continue to play, you will just tempted to try to recover your losses because it's still fresh in your mind, that is in casinos you can restrict yourself if you're losing a lot of money, its the best step you can take to avoid chasing your losses and losing more money

Quote
Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

It's a big no and its very risky chasing losses is high risk because you cannot think clearly about your bets and you are forcing and pressuring yourself to win which is not good, in trying to be good you lose your control, and eventually your money.

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October 09, 2023, 03:48:14 PM
 #26

what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

If you are losing money that you can’t afford to lose maybe you should stop gambling already because it’s not for you.

You should not count your lose if you want to enjoy gambling. Consider your previous loss money as payment to the gambling experience instead of counting it and think what you can buy using it because you are just torturing yourself with guilt. I lose a lot on gambling but I don’t count it but rather I just count my profit since this gives me fun. It’s like fooling yourself to avoid being guilty to your previous mistakes and loses. Don’t chase gambling if you don’t have enough money for yourself!

if you can't afford such losses, definitely, you need to stop your gambling activities! but if you think you can still go on despite of your losses and it doesn't interfere with your financial obligations, by all means, enjoy yourself with your betting.
do remember, we don't continue gambling just because we want to recover our past losses. it is because we are enjoying the game and we have extra funds for it. if you start thinking of gambling being your saviour of your past losses, that's when you start getting trouble because your expectations are different. as your aim is to win and not enjoy the game anymore.

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October 09, 2023, 03:56:07 PM
 #27

Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling

I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

I think you should stop gambling because if you lost a lot of money, you will not be able to recover the money you lost if you continue gambling, it will only get worse.
Always remember don't make gambling a source of income, that's wrong thinking if that's what you're doing.

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October 09, 2023, 03:58:29 PM
 #28

It depends on the person, but personally if I lose gambling at that time I will take a moment to take a break, either playing games or watching the news, the point is not to play when luck is not on my side, and then I will start playing the next day. The reason I do this is because if I force my will by continuing to play while losing, there are only two possibilities, either I win or lose more, but I think I will lose more money and I don't want to take the risk of losing more.

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October 09, 2023, 03:59:34 PM
 #29

If you already plan how much you are willing to risk, the loss will not be too painful. People enter into depression simply because of not decided how much they are willing to loose before placing the bet.

The odds in every gambling is against the player, the earlier we realise this, the better. Knowing this, one should plan his gambling in such a way as to accommodate losses that are inevitable.

R


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October 09, 2023, 04:04:34 PM
 #30


I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

First of all, gambling is meant for entertainment and at the same time you can also get lucky and win some cash while playing it so the fact that you asked if you should “stop and work normally” means that you have in some ways made gambling some sort of a means of income for you which is not okay to do.

Another thing is that, before you start gambling make sure you have a budget and alway, I mean always make sure you use the amount that you can afford to lose for your gambling activities. If you decide to spend unwisely on your gambling account you’ll also be the one that will regret it later on so make sure you use what you can afford to lose, to avoid you chasing your losses afterward.

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October 09, 2023, 04:04:41 PM
 #31

In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?
Stopping gambling is up to you although some people may advise you to do so. If you lose from gambling, then you should already know that it is a consequence of gambling itself. That's normal because losing is part of the game, but what you need to do at that time is to close the session and take a break instead of continuing gambling on the same day.

If you're not gambling just to win, then losing shouldn't be a problem. Come back tomorrow and have fun for another game instead of going on a revenge mission and winning bets to cover your losses yesterday.

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October 09, 2023, 04:09:25 PM
 #32

I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?
Just like in life losing in gambling is part of the game. However if you are losing more than you are winning then you should probably stop gambling because you are doing it all wrong. Of course the online casino or casinos in general most always win because that is how they make their money if they are always losing then they will be out of business in no time. My suggestions to you or any other other gambler is this. TAKE A BREAK FROM GAMBLING and fix other aspects of your life. As one of my mentors would say, get your act together.

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October 09, 2023, 04:09:40 PM
 #33

Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling

I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

OP, I agree with you because gambling costs a lot of money. Yet many gamblers are associated with casinos or betting sites and choose these sides to earn money. I know that it is possible to earn good amount of money very quickly from these casinos. But those who lose all their money by playing these games should hope to get out of these games and should always keep a cool head. Because gambling should be played by all of us for fun but many people get totally addicted to it after earning more money which is always bad for family and self. So we all have to gamble or bet keeping this downside in mind. So that some money comes and no bad goes. Don't get into a situation where you have to gamble and lose everything.
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October 09, 2023, 04:18:48 PM
 #34

Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling
The reality is that we lose more money than we make from gambling. And it's laughable should a gambler entangle himself with the belief of having to make money through gambling.  If you want to stand a high ground of making through gambling own a casino or a gambling site.

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I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling?
Take a brief break or go on a vacation to an area you won't have to gamble for a period of time it help you settle down.

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Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?
You can possibly cover up many losses, it's a goose chase in that you will continue losing more and more.

If you ain't gambling for fun but to make money from gambling and it's not working as planned I'll suggest you go get a job, double your hustle through a multiple streams of income of which gambling can't be one of them. Just a few cents to whom it may concern.

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October 09, 2023, 04:19:56 PM
 #35

Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling

Only a newbie will think that gambling is a one way direction game play, if we win then it comes with it's luck and if we didn't, it's another opportunity to prepare better on next attempts, gambling is not a source of business enterprise for gamblers, they are to enjoy themse gambling for fun.
Some do really think that they could outplay casinos, when in fact casinos are design to generate money. How much do slots earn before it gives a $1,000,000 jackpot? a staggering $1,500,000? I mean you're pretty lucky if you only bet a single time. Some people also time their bets, I couldn't blame them because I do it often, and I can say that 70% of my bet when I time it is a win. Casinos are not gambler's source of income, players are their source of income, so just play for your entertainment only.

I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

If you're gambling with the intention of winning the jackpot one day and recover all the loss over time, then that's a wrong prediction and expectation, what we should ask ourselves is that how many gamblers have made it successful in these same pattern.
Don't chase a jackpot, that's one thing I've learn with gambling. You'll run out of gas if you continue to pedal towards the jackpot. Jackpot ain't work like that, if it comes it comes.
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October 09, 2023, 04:24:44 PM
 #36

I think we know the answer.

Accept your lost and move out, but the reality is hard. We're getting triggered due we are losing some money, make our self to deposit at the same day while you are gambling to make your self back on even.

(Accepting) is the hard things for gambler.

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October 09, 2023, 04:26:48 PM
 #37

If anyone has lost a relatively high amount of money to their own standards and can't let it go, then that person is not supposed to continue gambling, let alone chasing previous losses.

I would better to take time off gambling and casinos in general and move onto different activities which could fill the void of such activity. 

Sometimes I messes with my mind how so many people can believe they can chase losses and will end up doing okey, even having so many examples of people who tried and failed. One is not supposed to believe one is special in comparison to others in regards of luck and randomness...

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October 09, 2023, 04:27:44 PM
 #38

If you have lost a lot of money gambling, you should leave gambling temporarily or permanently. You've seen what happens when you lose a lot of money. You don't want to experience that again.

But people who have lost a lot of money still return to gambling. They still want to recover their losses by continuing to gamble even though it is not a good decision if they do that because their goal is to recover their losses and they want to win.

But some people have lost money but still gamble because they want pleasure from gambling. And there are many other reasons to keep going back to gambling. But if you keep gambling to recover your losses, you should not gamble anymore. You may experience more losses without any chance to recover from those losses.

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October 09, 2023, 04:30:34 PM
 #39

Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling

I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?

Gambling is not a paradise for profit, but gambling is a place to have fun. When we decide to take part in gambling, we must be able to lose money and accept defeat because that is the price we have to pay to get the pleasure and sensation of gambling.

And what we have to do when we lose, especially lucky losses in gambling, what we have to do is to withdraw and stop the gambling activity for a moment, we do this to prevent ourselves from gambling addiction and big losses in gambling. Indeed, there are some very lucky gamblers who can get a big win after experiencing consecutive losses, but like me personally, I am not that lucky so I choose to stop.

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October 09, 2023, 04:32:38 PM
 #40

In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses?
How do you keep gambling when you have lost money, are you not already heartbroken and angry for losing money, or even if it was money you planned to spend, do you not have a spending limit for that day? Trying to win back money you lose while gambling will only make you lose more money. Before you as a gambler started gambling, you already should know how much you want to play with that day, try not to exceed it because if you keep setting limits and exceeding the limits, that's how reckless gambling begins.

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