If we lose in gambling, what do we need to do?

[bitzizzix]

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 place to make money and gambling is just to have fun with a few dollars just like we go to the bar to have fun by spending a few dollars on drinks and other things.
Losing money in gambling is normal and you should just let it go and forget about it because there is no point in thinking about it. Especially if your ambition is to keep playing just to chase defeat, and that will only make you suffer more.
That seems like a sign of addiction. Because you always accept defeat due to playing without control, and you have to change it or stop gambling before you can change the correct way of playing before returning. Without thinking about losing and also making gambling as entertainment that only costs a few dollars, and sometimes luck is always there.

[Docnaster]

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...

One mistake that a lot of gamblers do is that whenever they're losing a relatively big money, they'll want to gamble more in other to win back the already lost money. That approach has made majority of gamblers to end up as gambling addicts in their quest to recover their money.
When one loses a lot of money in gambling, there's very little chances of recovering the money immediately when he gambles more because he would be gambling out desperation to win. So it's advisable to avoid gambling for awhile after losing huge money in gambling.

[Z_MBFM]

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

Gambling is a place where no one can guarantee profit or win. so even if you have experience in this case, you can't always win. In this case too, you will have a big risk. The less gambling the better. And controlling yourself in this regard is one of the biggest tasks

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?

Since once you lose a gamble you cannot guarantee that you will win a second time, so I do not recommend continuing to gamble for the purpose of recovering previous losses. If you want to continue gambling then you have to accept losses and use gambling only for fun. If you want to gamble with them!  Then you can continue gambling otherwise you should stop gambling. Because if you gamble emotionally for money, you will never be successful

[o48o]

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?

We all will lose money eventually, because we can't be lucky every day. So it's not a matter of if, but when.
And from there we can go to the question: were you prepared to that and how? Because you should be.
It shouldn't come by surprise to anyone that there's a high risk losing money by gambling, so i am assuming you are referring to losing more then planned.

If that happens, i would say that taking a break and long look at the mirror asking yourself why did you do it?
And if you find a way to avoid that, (not losing money, but losing more then you could afford), then you need to ask your self again, why didn't you apply those techniques before, when it happened.
In that way it's easier to find ways to gamble that suits to you. It takes self-discipline for starters and one can learn that.

[Hispo]

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...

One mistake that a lot of gamblers do is that whenever they're losing a relatively big money, they'll want to gamble more in other to win back the already lost money. That approach has made majority of gamblers to end up as gambling addicts in their quest to recover their money.
When one loses a lot of money in gambling, there's very little chances of recovering the money immediately when he gambles more because he would be gambling out desperation to win. So it's advisable to avoid gambling for awhile after losing huge money in gambling.

It does not even have to be a "huge" amount, by the way. Just big enough for the gambler to feel remorse and desperation and starts to chase the money out control. Something relatively similar happened to me, I was rolling dices when sudently lost more than I was comfortable with. I panicked and thought about increasing my wager in order to chase those bucks I lost, however, after a while I realized that in reality my plan will likely lead me to more loses, so I swallow my pride and logged out.

[AprilioMP]

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?

Strangely, those of us who know that gambling is a place to spend money, actually we keep trying to find money every week to gamble.

What should we do when we lose at gambling? Stop, we lose and that's not a solution in my opinion. I will continue gambling until the money I have spent is returned. Once I get the money back, I will lower my gambling level just for the sake of it.
It is not difficult for me to do it reduce the level of gambling because I have done it before so I can say to myself that I have already done my control regarding gambling.

[Cookdata]

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

Not all of us, I can speak for myself. My deposit << my withdrawals and that indicate that I win and I'm ahead of them but you are not wrong about that. Most gamblers that bet, ask them around amount of money they win since they have started playing, you will be shock about their responses, they don't win and the onew that win, it's smaller in amount, even you do the maths, they are only playing with optimism but after the long day, they hardly make something significant.

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?

When you lost money to gambling, there is absolutely nothing you can do about that, move on and if you must change your routine for the day, try and do as much to remove the lost from ringing in your head. You can try the next day but don't play with the mindset of making back the previous losses else you will on lose more. You can invite a friend over to play, it will remove the thought of making back the previous losses you have had in the past.

[Ruttoshi]

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 should be done for fun and that is why you should not use the amount that you can't afford to lose to gambling because it will make you start chasing your losses. It will not only stop there, but you will continue to lose more and finally, you will end up being an addict, which is the worst.

Self-control is what one need, for him to be able to enjoy his gambling activities. Gambling should be seen as a means of entertainment and not to make profit, if you understand it this way, you will not run at loss because you will gamble responsible.

If I loss a huge amount of money based on my greedy nature, I wouldn't chase my loss because it will only lead to more losses. What I will do is to go on a break, and have to understand what is gambling is, so that I can plan on how to gamble responsible and also learn how to control my emotions, before I will come back to gambling.

[Fiatless]

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

Casinos and bet houses are not places to spend or waste money. Nobody goes to a casino intending to lose money. I go to the casino to make more money and to have some fun. We know that in most cases we lose bets but we also win and in some cases, we can win big.

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?

It depends on your level of gambling. If you are a responsible gambler you can decide to take a break after a long time of losses. You can use this time to evaluate your gambling and make adjustments where it is necessary. For me, if it is not affecting your finances negatively, you can keep staking because you might be lucky one day. But if you observe that you are having any form of gambling disorder that has led to uncontrollable gambling adventures, I think there is need to stop and seek solutions. It is dangerous to pursue losses because it is one of the main causes of gambling above your means. We should always bear in mind that we cannot beat the house. You can never be certain that you can win so there is no need to chase losses because gambling outcomes are unpredictable.

[uswa56]

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?

Strangely, those of us who know that gambling is a place to spend money, actually we keep trying to find money every week to gamble.

What should we do when we lose at gambling? Stop, we lose and that's not a solution in my opinion. I will continue gambling until the money I have spent is returned. Once I get the money back, I will lower my gambling level just for the sake of it.
It is not difficult for me to do it reduce the level of gambling because I have done it before so I can say to myself that I have already done my control regarding gambling.

Indeed, things like this are very strange for some people, but I think everyone has their own reasons for spending money on gambling.
I think if we have not experienced an addiction to gambling then it will be easy to stop gambling, but if we have experienced an addiction it will be very difficult to stop and reduce the level of gambling maybe only some people can do this and if you can reduce your level of gambling of course you are very good at controlling yourself in gambling and you will not experience a lot of losses when gambling. Of course you really understand when is the right time to do it and when to stop gambling.

[cabron]

It's not unusual for gamblers to chase the loss though. It's been done by several gamblers who couldn't sleep thinking of how much was lost from their pockets.

You stop playing and try your luck the next day. That's what you do. There is nothing else to do but stop once you lose your capital for the day. Unless you wanna deposit more of your coins because you are not done for the day. There are many opportunities later. It's best not to hurry.  

[Vaskiy]

Once we've lost big, and if we have the plan to continue gambling it is kind of addiction. Another thing, in such situation we need to be very careful. At any cost we should not have the plan to recover what we've lost. This worsen the gambling addiction, and better way is to take a break and keep ourselves engaged into some other activities.

Whenever we get into something, it is good to make some research and further move forward. Most of the gamblers never know the losing side. They dream of making big money out of gambling and experience a change of life. This isn't the reality with majority of the gamblers and unexpected loss makes them down. To avoid such circumstances it is good to have basic understanding and then get into gambling.

[_BlackStar]

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?

Stop gambling if your goal in gambling is to double your money. Don't gamble for more money than you can afford – that's obviously bad. Spend your money on something useful like investments or other things - that is quite wise advice for you if you really want to value money.

Even if you promote a gambling signature, I don't think you are obliged to gamble. The inflation sweeping the world has made it difficult for many people to earn more money than they need - so think twice before you gamble for money. If you really want to gamble - then set a limit on your budget. 5% of your total income is fine - invest the rest.

[Nwada001]

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 ask me what I will do if I have lost a lot of money in gambling, which I really have not, but if I happen to fine myself in such a case (which I don't pray to you), the best thing for me to do is to just stop and limit the amount that I use to bet on games each time I want to gamble in order to reduce my losing amount.
 
The best choice for me to stop this is because I will use my losing experience to advise myself. I will have to calculate how much I have lost during this time period that I have been playing, and if I continue playing in the name of wanting to recover, what guarantee do I have that I will recover every penny that I have lost or even part of it? And if I lose this next game in the name of trying to recover, will this not be another number added on top of what has already been previously lost? The best is just to stop and move on with life.

[Oilacris]

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?

When you do lose money, then this is the most common thing that people do;

1. Chase up their losses and play as long they do have the funds
2. Stop on point and call it a day
3. Become impulsive and finding ways to have funds to play even more
4. Become that too desperate on which taking up some loan or borrowing funds
5. Selling out their posession like things or whatever it might be

Results or outcomes would really be that entirely be depending on someones decisions because if you do find yourself that too impulsive on things then you would really be
definitely be ending up on making bad decisions on which this is something that must avoid. Be sensible towards your actions and on how you to treat up gambling
because its never been a main source of income or something that could bring out sure profits. This is built and been created for the sake of entertainment and not
for money making and this is the one of the most common mistake on which people do really be able to commit out because of that wrong assumption on things
which arent supposed to be done in the first place.

[Juse14]

In doing other things, when we experience failure, what we have to do is to keep trying again until we achieve success, and when we experience defeat, what we have to do is get back up and keep trying to achieve victory. However, it seems that this does not apply when we gamble because after all, when we talk about gambling, we are talking about luck. So what we have to do when we lose in gambling is to stop the activity for a moment. We must be able to realize that the longer we gamble, the greater the loss we will experience. Luck doesn't come every time we play, so it would be ridiculous if we had to spend money just for one game, we have to remember that there are still days ahead to be able to get lucky in gambling.

[macson]

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?

All gamblers must have lost big, i have also experienced that, but i didn't stay down for long and was able to get up.  The thing you must do when you are losing at gambling is to reflect for a moment and think about what things made you lose at gambling and usually people lose at gambling because they don't have a good plan about how much capital they will spend and when they should stop play.  Gambling is an activity like a double-edged sword, as long as you are able to control yourself so as not to go too far then you can definitely avoid defeat.

[Findingnemo]

The term "a lot of money" is subjective to one's financial status so only you know how much is a lot of money for you.

I have an acquaintance, a businessman, he owns a lumber factory. He said he sold his 2 trucks because he lost gambling, and he lost them in just 3 months. Maybe his financial condition didn't suffer because of that, but for me it was a very big losses

Let's say those 2 trucks are worth 5% of his total asset value then it's acceptable but still it shows that he didn't learn from the mistakes he made which is important for a business man. Anyway, he told you that he suffered due to that loss financially or you just related to that situation on your own?

Because its totally different and you can't compare someone's risk tolerance level with yours.

[abel1337]

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?

There are many ways how gamblers act when they completely lost on their gambling session but for me the best thing to do after losing is to close the casino website and stay calm. Rest, eat outside or talk to friends or someone, there's a high chance that you won't hold a grudge and do revenge gambling. Though I think it's way better to control yourself first before doing gambling like having a strict budget on gambling. That way you won't think of doing revenge gambling on the casino. The more you think about it the more frustration you will have and if you end up playing again, the chance of you losing will go higher.

[JoyMarsha]

I haven't for a day lost a lot of money to gambling but if I should find myself in such a situation, what I will do is try as possible as I can to withdraw my gambling involvement that day to try again another day(if they need should be) since that day doesn't have my lucky star. Trying to recover my losses from gambling that day, would have me lose more money which I won't find funny.

It is better to try again later than insist on recovering your losses while you lose in between.