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

[swogerino]

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 after gambling losses you continue gambling to recover those losses then it will be a wrong decision for you because recovering gambling losses is not an easy task. Because no matter how accurate your predictions are, if you don't have good luck, you will never win at gambling. Gambling is totally dependent on luck so gambling should be used only as a source of income and not as a source of income and should be taken a break from gambling when gambling losses occur.  Then it won't make you too addiction

Whoever takes gambling as a source of income it will surely go down dramatically in deeper abyss of lost sessions.That is how gambling addiction starts in the first place,people think that since they won one time easily they can repeat that win many times easily again which simply is not true at all.When losing big starts and consecutive sessions we are in big need of professional help and if we don't ask for it,we all know all sort of really tragic stories that have happened to such people who continue in their addiction.

Stop and work normally it is the best one can do and the money spent for gambling,why not invest in cryptocurrency,I am not saying Bitcoin now which is in all time highs again but some easily bought coins like Doge,Shiba,Zil,Ethw and Etc to just name a few,this is a better choice than trying your luck in gambling.

[slapper]

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?

Losing and winning is common in gambling but at least losing can be a lesson and at least it can be a reason for us to stop because indeed we do not have passion in gambling, even if you want to continue gambling but at least you must be able to analyze the causes of defeat that you continue to get so that you can still minimize losses in gambling, especially in games that rely on expertise in gambling. Gambling, while to play in games that rely on luck such as slots, of course there is nothing you need to do except pray and hope for luck.

In gambling it is very important for us to be able to control emotions in pursuit of victory, besides that of course we must be able to determine the target of victory so that when we have got a victory sometimes we have to stop playing bcause the victory will be lost when you continue to chase bigger wins, beside that it is better for us to focus more on the game that we are really good at rather than having to continue to try to play with random, blBecause that way at least we can assess the limits of our ability to play and of course provide a little chance to be able to get us victory in a game that we are good at.

Losing does teach us, but we keep playing roulette with the same patterns. Control? Emotion? Targets? These words represent the border between a clever player and a loser. However, we overlook discipline, thinking we're different and can beat the odds without changing our attitude

Just to clarify: After a loss, we examine our decisions, plans, and control (or lack thereof). Though you separate expertise from luck, knowledge and restraint are your quiet partners in games of chance. What matters is what you can control, including yourself, not what you think you can do

[Porfirii]

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Losing does teach us, but we keep playing roulette with the same patterns. Control? Emotion? Targets? These words represent the border between a clever player and a loser. However, we overlook discipline, thinking we're different and can beat the odds without changing our attitude

Just to clarify: After a loss, we examine our decisions, plans, and control (or lack thereof). Though you separate expertise from luck, knowledge and restraint are your quiet partners in games of chance. What matters is what you can control, including yourself, not what you think you can do

You are right, these words are clue to understand how betting works, but sometimes the more you want to control your emotions, the worst it is. Yesterday I listened to two psychologist who were talking about certain mental pathologies, and they agreed that sometimes the reason why they become chronic is that the subjects is aware of his thoughts and emotions and wants to stop them, which leads to the contrary (more frustration and anxiety).

So, in a different degree (I'm not talking about any mental illness here), when some gamblers are advised to control their emotions, it can be even worse. So the clue here, IMO, is what you said about Targets:

If you know the mechanisms of gambling, you change your targets. You don't want to beat the system and become rich anymore: you play just for fun, for the thrill of the moment, and that's all. If you win or lose it's part of the game, like when you watch your favourite sports team: sometimes is sad, but because of the same reason, when they win the happiness is even greater. You'll have a better day or worse, but it won't impact in your economy, unless you gamble and don't have a reasonable target (having fun by making the outcome even more exciting), but focus on making money.

[Jody.Drummer]

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 after gambling losses you continue gambling to recover those losses then it will be a wrong decision for you because recovering gambling losses is not an easy task. Because no matter how accurate your predictions are, if you don't have good luck, you will never win at gambling. Gambling is totally dependent on luck so gambling should be used only as a source of income and not as a source of income and should be taken a break from gambling when gambling losses occur.  Then it won't make you too addiction

Right I agree to that, chasing defeat in gambling is like you are chasing the wind, the reason? because gambling has absolutely no certainty whatsoever that can guarantee you to be able to win at the end of the session and also everything always runs randomly in terms of determining who will win in certain sessions, I'm not saying that you won't be able to win but what is certain is that with the intention of chasing recovery like that then obviously you will only focus on the idea of chasing and looking for victory while in gambling it is not easy to get a win because it all always depends on your own luck.

So of course in the end it is certain that what happens is that you will even suffer a greater amount of defeat. That is the reason why we are always advised to be responsible gamblers, in the sense of being able to accept the fact of losing and not chasing something that is already lost, and yes what you say is true that no matter how good and accurate the strategy you have in the end still if you are unlucky then you will still lose, on the other hand we must understand what gambling really is, which is a gambling activity that bets your money to win or lose, so by understanding that then you will consider that losing is a natural result in gambling.

[hyudien]

Whoever takes gambling as a source of income it will surely go down dramatically in deeper abyss of lost sessions.That is how gambling addiction starts in the first place,people think that since they won one time easily they can repeat that win many times easily again which simply is not true at all.When losing big starts and consecutive sessions we are in big need of professional help and if we don't ask for it,we all know all sort of really tragic stories that have happened to such people who continue in their addiction.

Stop and work normally it is the best one can do and the money spent for gambling,why not invest in cryptocurrency,I am not saying Bitcoin now which is in all time highs again but some easily bought coins like Doge,Shiba,Zil,Ethw and Etc to just name a few,this is a better choice than trying your luck in gambling.

I agree with you, even though having a lot of money doesn't mean we can gamble often. Moreover, the reality of gambling that will only end in defeat is real, so even if we have a lot of money and gamble frequently, it doesn't rule out the possibility that we will be safe, of course it will drain our own finances. Moreover, gambling frequently is not recommended, especially if you do it or consider it as your main source of income, it is very wrong because it will only cause bigger problems. What you say is correct, people tend to think that gambling can give them a definite win, the thing that makes them sure is winning at the beginning of the gambling they do, because usually the first time we gamble ends in a win, but this has deceived many people. , to the point of experiencing major losses, including addiction to gambling.
The hope is that if we have lost at gambling, what we have to do is go and rest our minds, because if we continue gambling after losing, it will trigger our emotions to become uncontrollable which will ultimately result in our finances running out in large amounts. I agree with the advice you say, it's better than trying to chase your luck in uncertain gambling.

[Samlucky O]

what should we do if we have lost a lot of money on gambling?

We stop and go home because continuously playing will end up loosing all except you are lucky to win one more time.

Do we keep gambling to win so we can cover up previous losses?

Chasing after loses will do you more harm than good, so there is no point chasing after loses. But sometimes it depends on the gambler. if the Gambler is an addict or compulsive Gamblers, he may decide not to stop
If the gambler has a determination to continue, who knows if he will win?  

or stop and work normally and leave gambling? Or do you have other suggestions?

To stop and leave the premises is the best option and nothing more. because the casino hall behaves like something that has a spiritual spell, that controls your mind or whispers to your ear to continue playing maybe you will win and you continue untill you are broke before your eye clears Lolz .

[boty]

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 after gambling losses you continue gambling to recover those losses then it will be a wrong decision for you because recovering gambling losses is not an easy task. Because no matter how accurate your predictions are, if you don't have good luck, you will never win at gambling. Gambling is totally dependent on luck so gambling should be used only as a source of income and not as a source of income and should be taken a break from gambling when gambling losses occur.  Then it won't make you too addiction

That's right, after we experience defeat in gambling and we continue to gamble in the hope of getting back what we have lost, of course it is very possible that we will not be able to win and more of our money will be used for gambling, of course this This is very detrimental to us, but it would be better after experiencing defeat at gambling if we stop gambling first and after we can control our thoughts, of course we can return to betting so that we don't experience continuous losses.

Yes, of course to be able to win gambling of course we need luck which can make us win the bets we play and if we can stop after experiencing defeat of course we will not experience addiction because we can control ourselves not to force ourselves to continue gambling after experiencing defeat.

[GxSTxV]

Gambling is supposed to be an entertaining activity, people who enter the world of Gambling should be aware of it's risks and consequences such as losing bets most of the time because we all know that no matter how much you win casinos always win more. If you I involve yourself in this activity you should already know that losing money is part of Gambling so why do people act surprised when they lose?

I don't think chasing your losses is a solution to earn back the money you lost it is always said that it is preferable to never chase your losses and to always put a bet you can afford losing.
Gamblers should always consider stopping this activity one day it should be an idea and a decision in their minds to prevent himself from falling into Gambling addiction.

[angrybirdy]

Gambling is supposed to be an entertaining activity, people who enter the world of Gambling should be aware of it's risks and consequences such as losing bets most of the time because we all know that no matter how much you win casinos always win more. If you I involve yourself in this activity you should already know that losing money is part of Gambling so why do people act surprised when they lose?

I don't think chasing your losses is a solution to earn back the money you lost it is always said that it is preferable to never chase your losses and to always put a bet you can afford losing.
Gamblers should always consider stopping this activity one day it should be an idea and a decision in their minds to prevent himself from falling into Gambling addiction.

I think, people are aware that when you enter a gamble, there are only two possible outcomes, that is to win and lose. Maybe that's why the reaction of the players is like they are surprised or shocked because they didn't expect the possible things that will happen once you start it, you know? maybe some of them are just beginners. You're right, chasing losses is not really the answer to recover all the money you lost because if you do that, you will only lose more and you will be forced to recover what you lost. One of the best things to do to recover is to give yourself a break so you can rest as well as your wallet.

[ethereumhunter]

I think, people are aware that when you enter a gamble, there are only two possible outcomes, that is to win and lose. Maybe that's why the reaction of the players is like they are surprised or shocked because they didn't expect the possible things that will happen once you start it, you know? maybe some of them are just beginners. You're right, chasing losses is not really the answer to recover all the money you lost because if you do that, you will only lose more and you will be forced to recover what you lost. One of the best things to do to recover is to give yourself a break so you can rest as well as your wallet.

But many people aren't realizes about the wins and the loses that will be the result of playing gambling. They only thinks that when they playing gambling, they can win but don't thinks about the lose that they can gets. It's why many people still playing gambling excessively without thinking about the chances of losing from gambling. Beginners or veterans of gambling have the same thinking to win on the gambling games but some of them are realizes that playing gambling doesn't need too serious because gambling is just for having fun. If they can thinks like that and consider gambling is just one of many activities that gives excitement, they will prevent big losses and if they lose their money, they will not try to chases or recovers the losses because they know that will not easy to gets their money backs.

[stomachgrowls]

I think, people are aware that when you enter a gamble, there are only two possible outcomes, that is to win and lose. Maybe that's why the reaction of the players is like they are surprised or shocked because they didn't expect the possible things that will happen once you start it, you know? maybe some of them are just beginners. You're right, chasing losses is not really the answer to recover all the money you lost because if you do that, you will only lose more and you will be forced to recover what you lost. One of the best things to do to recover is to give yourself a break so you can rest as well as your wallet.

But many people aren't realizes about the wins and the loses that will be the result of playing gambling. They only thinks that when they playing gambling, they can win but don't thinks about the lose that they can gets. It's why many people still playing gambling excessively without thinking about the chances of losing from gambling. Beginners or veterans of gambling have the same thinking to win on the gambling games but some of them are realizes that playing gambling doesn't need too serious because gambling is just for having fun. If they can thinks like that and consider gambling is just one of many activities that gives excitement, they will prevent big losses and if they lose their money, they will not try to chases or recovers the losses because they know that will not easy to gets their money backs.

When you are still that a noob then you would really be definitely having those kind of assumptions that gambling is always that a winning thing on which we do know that it cant really be that possible on which we know
that on the time that we do get involved with gambling then it would really be in between winning and losing. When you are still new into this field and having ended up with those kind of condition won which you havent been able to expect and on the time that it did break your expectations then this is where disappointment would really be coming from on which it would really be that resulting for you to become that
desperate and becoming that impulsive.

What you should we do need to do when losing? Then it would really be just that best that you should really be calling it a day. Never ever make yourself that intend to chase up those
loses and assuming that you could really be able to break even or even winning up.

[gabbie2010]

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 only gamble with the amount of money I can afford to lose thus I win some betting as well as lose others presently I am at breakeven and trying to be profitable in the long run, I don't visit Casinos to gamble so I don't know how gamblers loss their hard earned money, my choice of gambling is soccer bettings and I never attempted to recover my losses once I lost a bet for a day I move on to next day bearing in mind that that there are several opportunities ahead, I don't subscribe to chasing a bet in order to recover my losses that would lead to incurring more losses thus as a gambler I was able to discipline my gambling behavior.

[Moreno233]

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 do not wholly agree with your first sentence because there is no way to convince me that gambling is a place to lose money. It was not designed to steal the money of gamblers but as a business with 50/50 chances for win/lose. There is no easy way of making money so no one is expected to come into gambling thinking it is just a fast way of making money. The losses that do happen are just part of the process and understanding and appreciating this important component of gambling will go a long way in helping the gambler psychologically. Gambling is a good business that can transform the life of the gambler very fast, it just require the gambler to develop his own gambling pattern that gives him some kind of advantage in the business and see how transformative gambling can be. Like I already posited, losses are part of gambler, they must come and the earlier we make room for them, the better gamblers we become.

[Plaguedeath]

I do not wholly agree with your first sentence because there is no way to convince me that gambling is a place to lose money. It was not designed to steal the money of gamblers but as a business with 50/50 chances for win/lose. There is no easy way of making money so no one is expected to come into gambling thinking it is just a fast way of making money. The losses that do happen are just part of the process and understanding and appreciating this important component of gambling will go a long way in helping the gambler psychologically. Gambling is a good business that can transform the life of the gambler very fast, it just require the gambler to develop his own gambling pattern that gives him some kind of advantage in the business and see how transformative gambling can be. Like I already posited, losses are part of gambler, they must come and the earlier we make room for them, the better gamblers we become.

Casino isn't a 50/50 chances business, there's a house edge in every games and it could be low or high, mostly the lowest is 1%. So it means the casino has 51% chance to win while you as the gambler only have 49% chance to win.

Casino doesn't steal your money, but they're designed to make you lose, if they designed to make you win the house edge should be below than 0%.

If you say gambling can make money, you can post the proof if you're making money from gambling (regularly).

[Zigabel]

I think, people are aware that when you enter a gamble, there are only two possible outcomes, that is to win and lose. Maybe that's why the reaction of the players is like they are surprised or shocked because they didn't expect the possible things that will happen once you start it, you know? maybe some of them are just beginners. You're right, chasing losses is not really the answer to recover all the money you lost because if you do that, you will only lose more and you will be forced to recover what you lost. One of the best things to do to recover is to give yourself a break so you can rest as well as your wallet.

I really like your idea and perspective aswell, it's actually the best thing to do, if you can just quit or exit in awhile and come back to gambling again you may be able to recover that which you did lost while at it earlier, if you insist on gambling even amidst your losses, you may only be putting yourself at more risk than you should have because you may loose even more while trying to recover, I think this is no new things as most posters on this forum has mentioned this a few times, so it most definitely a thing that should be know by now as the best to do especially when one is loosing heavily.

Just like you said in the early part of your post, you only win or loose when gambling nd beyond this two there's actually no other thing that happens although sometimes there could be refunds but this is in few cases that such do happens. Gambling shouldn't be to Chase losses and recover your money but should be for entertainment and recreation.

[Wapfika]

~

I really like your idea and perspective aswell, it's actually the best thing to do, if you can just quit or exit in awhile and come back to gambling again you may be able to recover that which you did lost while at it earlier, if you insist on gambling even amidst your losses, you may only be putting yourself at more risk than you should have because you may loose even more while trying to recover, I think this is no new things as most posters on this forum has mentioned this a few times, so it most definitely a thing that should be know by now as the best to do especially when one is loosing heavily.

If we study deeper how most gambling games constructed you will notice that all of them has a house edge ranging from 1% and above and this small percentage gives a huge impact on your game in long run since casino games is designed so that they will frequently win against players that keeps playing.

The answer to this thread question relies on how do you view gambling in general. Many people view it as source of income that why indecision when lose on what to do after is always confusing. If you view gambling as a mere source of entertainment, you will not be bothered to play again since you will on,y play money that you can afford to lose

[danherbias07]

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 only gamble with the amount of money I can afford to lose thus I win some betting as well as lose others presently I am at breakeven and trying to be profitable in the long run, I don't visit Casinos to gamble so I don't know how gamblers loss their hard earned money, my choice of gambling is soccer bettings and I never attempted to recover my losses once I lost a bet for a day I move on to next day bearing in mind that that there are several opportunities ahead, I don't subscribe to chasing a bet in order to recover my losses that would lead to incurring more losses thus as a gambler I was able to discipline my gambling behavior.

More on sports betting? That's cool.
But there are gamblers who are probably thinking about increasing their wager amount which means more money when weekly and monthly bonuses come. Then, there's the VIP ranking that they want to achieve and wagering is all part of that.
I do honestly think it's cool for people who can control their gambling especially if the are sports gamblers only. It means you don't have to rely on luck in casino games and you are going to analyze every game because you are a sports bettor.
I do both so I am kind of in between. I get some money in sports and I try to gamble the profits in casino games. Somehow I am just playing tag against the casino and it's just fun for me. I don't really mind especially because the money I intended to spend was for gambling so even if it loses as long as I had my share of fun, it's okay.

[Quidat]

~

I really like your idea and perspective aswell, it's actually the best thing to do, if you can just quit or exit in awhile and come back to gambling again you may be able to recover that which you did lost while at it earlier, if you insist on gambling even amidst your losses, you may only be putting yourself at more risk than you should have because you may loose even more while trying to recover, I think this is no new things as most posters on this forum has mentioned this a few times, so it most definitely a thing that should be know by now as the best to do especially when one is loosing heavily.

If we study deeper how most gambling games constructed you will notice that all of them has a house edge ranging from 1% and above and this small percentage gives a huge impact on your game in long run since casino games is designed so that they will frequently win against players that keeps playing.

The answer to this thread question relies on how do you view gambling in general. Many people view it as source of income that why indecision when lose on what to do after is always confusing. If you view gambling as a mere source of entertainment, you will not be bothered to play again since you will on,y play money that you can afford to lose

The higher the house edge the higher the risks that you would be losing until the end. I have seen the lowest is playing around 0.5% on which it is on Crypto.games but i dont know if there
were still other sites that do offer such lower HE but well if you do play that longer then as long there house edge then you would inevitably lose. This is why it would really be that important that you should really be having that moderation on which on the time you do lose up money then there should really be that threshold so that you wont get shocked.

Actually its not really that had to determine whether you would really be that stopping or continuing because we do have that different threshold when it comes to finances
on which there are really those kind of limits on which needs to be followed.

[Ever-young]

It's normal to lose in gambling, that's why it's called gambling, sometimes you win and sometimes you lose but there is one step that everyone has to consider to make their gambling experience safe. Never chase your loses. Let's say you lose 100$, never take a loan or borrow money from a friend to gamble again just to get that 100$ back. If you say to yourself that you'll only gamble to get back what you lost, then you are doing wrong and are putting yourself at risk of gambling addiction.
Gambling should be a fun activity. Think about it like a small commission that you pay to play, just like you pay for video games. You can even gamble with play money these days, fiat makes things a little spicy and interesting, that's all.

You're completely right! Losing is unavoidable in gambling, but keep in mind that it is only a game, not a means of making money. Chasing losses is a risky game that can result in addiction and financial disaster. It's critical to set and stick to a budget, even when things don't go as planned.

Gambling should be a recreational activity, not a source of worry or financial burden. If you find yourself obsessed with or pursuing losses, it may be time to start retracing your step to avoid getting caught up in the cycle of chasing losses, which is in fact the fastest way to get addicted to gambling and incurring even more losses on the process.

[moneystery]

If after gambling losses you continue gambling to recover those losses then it will be a wrong decision for you because recovering gambling losses is not an easy task. Because no matter how accurate your predictions are, if you don't have good luck, you will never win at gambling. Gambling is totally dependent on luck so gambling should be used only as a source of income and not as a source of income and should be taken a break from gambling when gambling losses occur.  Then it won't make you too addiction

recovering losses when you are in a stressful position because losing is something that gamblers must avoid. because if they insist on being able to recover their losses by gambling continuously, then their potential to lose more money will be very high. gamblers should be able to restrain themselves and think again to determine whether they want to gamble again or not, because many gamblers have ended up bankrupt when chasing their losses.