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

[Fivestar4everMVP]

There's no two ways about this, since the op is asking about what should be done when we lose money in gambling, To me the best thing one should do here is just take a break, stop and re-evaluate your betting strategy , Try to study or know why you have been losing , if you are playing the right kind of game that you understand very well, because some gamblers just bet even when they don't understand how that particular game works, and lastly finding area of gambling you understands.

Gambling is not as easy as we think and precaution is very important so that we don't end up losing more than we have to bet on. Many people are making mistakes because they are not ready to calm down and gamble since their motive is to make quick profit in the market. We need to be prepared to make money by taking the right approach so that we don't still lose in gambling. Those that are making money frequently in gambling now are those that have made sacrifices at the beginning and have lost money and now they are enjoying making money because they are ready to observe and taking the right risk that would bring more money for them.

Well, sorry but you are absolutely wrong, specially with the last part of your comment, winning in gambling has nothing to do with how much a gambler have previously lost to the activity, if things worked in such a way that, those who have lost the most to gambling tend to win more over time, I am pretty sure that old time gamblers (including myself) will just retire from whatever work or business we are into, and by now, just relax and reap the fruit of our long years of loses to gambling, but unfortunately, things don't work this way, it doesn't matter how well experienced you are in or with gambling, if you re not lucky, you will not win, it does not matter how much you've lost before.

So, the best advice for us to always mind what we do, and how much we spend on gambling on daily basis, monitor our win as well as our loses, know when we are already losing too much and taking a break, so as not to end up losing money meant for some important things; to gambling.
And most importantly, it's best to see gambling as a means of having fun, and not a way to make money, for in the end, the chances of a gambler losing to the casino is always higher, so, seeing gambling as a way to have fun brings better peace of mind.

[piebeyb]

-snip-
Barely 1 person out of 1,000 or maybe 10,000 manages to stay profitable in gambling and all others stay at a loss which is the reason why casinos are always profitable and this is because gambling is a business for casinos and it isn't a way for gamblers to earn money.

yes that's what Online casinos are like, especially if there are many gambling addicts then the profits of Online casinos will be more and more.
Those who profit in gambling will be lucky to have a chance to hit the jackpot or turn over their capital, but those who continue to lose will only end up with regret.

But keep in mind gambling has warned all that, it just depends on how gamblers do gambling as entertainment or as a place to make a lot of money or vice versa.

In the end, gamblers have to determine what their goal is in gambling. Most of what we know is that they gamble only to get money and make a profit, that's why when they experience defeat they continue to gamble again until they actually lose a lot of money and of course gambling like that will only continue to benefit online casino owners. , more and more gamblers who play recklessly will ultimately experience failure and bankruptcy because they cannot control their emotions when gambling and continue to be curious about the gambling they are playing.

Online casinos are created as a place to have fun, but people continue to think of them as a place to make money and multiply their money, but in the end, many gamblers become addicted to the point that the online casino owner ultimately loses. Every gambler must know how, when they lose, they should stop gambling and Always make sure you gamble with money you can afford to lose, not gamble with money for your life's needs because that's the same as throwing away money that is important for your life, so it will ruin everything in the end. Gamblers must be aware that there are risks in gambling so limit the budget and gamble with money that is ready to be lost so as not to become addicted.  

[Gaza13]

Imo is not a smart move to always have the urge of wanting to get what one have loss back or chasing after losses. Because when one has began to have such mindset or thought of getting that they have loss I their gambling sections, they may endup magneting more losses to themselves. So chasing after losses isn't encouraging at all, when one encountered any forms of losses in Their gambling, is better to call it a day. So that they can have enough time to get their head back in the game.

Taken gambling as a form of getting rich quick or as a source of earning is never a good start because gambling is a form of entertainment. Though one can earn some extra cash by hitting the jackpot but still doesn't mean that one should take it as a source income.

If we have experienced a lot of losses in gambling, we should just stop, don't expect too much to catch up on our previous losses. This will make you fall deeper into the abyss of your losses. Emotional control and financial management are needed when we start gambling. We should play only for entertainment, not to earn a living. Basically the gambling owner has arranged everything for you when playing, even if you have good skills. Not a single bookie made him go bankrupt, which makes the dealer rich from your losses while playing.

[madnessteat]

It is also funny when people ask for an advice for what should they do after losing. If they can allow to continue and want to do it, then they should continue gambling. If they run our of money, have no wish to continue, then they should stop. I mean what advice do they want to get? When they lose, for someone suggest them a winning strategy, or a bet that will be a 100% win next time? Or where to get more money?

I have suggested it once but I will repeat it again as personally it works out for me.I usually say to myself this advice before starting to gamble so I say to myself where I will be if I don't gamble and the answer is that I will have more money in my balance to do other things that I may not otherwise be able to do.The same can be said to people who have lost and want to stop,they can ask to themselves like I have done,they can say where would I be if I had not gambled all this money and lost everything by gambling almost daily in a consistent way?The answer is motivating to say the least and for people who really want to quit they can achieve it as I am sure they will love the idea of having more money without gambling.

You need to realize that gambling requires money just like other entertainment. Why fantasize if you can before starting a gambling session accept the fact that you will in any case lose this money as a payment for services.

If you think that you can enjoy the money lying in your pocket for a long time, you are wrong. Most of us enjoy spending money more than having it.

 At the moment of gambling session, you get emotions that are very difficult to get in other entertainment. This is why there are so many gamblers in the world.

[Lanatsa]

It is also funny when people ask for an advice for what should they do after losing. If they can allow to continue and want to do it, then they should continue gambling. If they run our of money, have no wish to continue, then they should stop. I mean what advice do they want to get? When they lose, for someone suggest them a winning strategy, or a bet that will be a 100% win next time? Or where to get more money?

I have suggested it once but I will repeat it again as personally it works out for me.I usually say to myself this advice before starting to gamble so I say to myself where I will be if I don't gamble and the answer is that I will have more money in my balance to do other things that I may not otherwise be able to do.The same can be said to people who have lost and want to stop,they can ask to themselves like I have done,they can say where would I be if I had not gambled all this money and lost everything by gambling almost daily in a consistent way?The answer is motivating to say the least and for people who really want to quit they can achieve it as I am sure they will love the idea of having more money without gambling.

You need to realize that gambling requires money just like other entertainment. Why fantasize if you can before starting a gambling session accept the fact that you will in any case lose this money as a payment for services.

If you think that you can enjoy the money lying in your pocket for a long time, you are wrong. Most of us enjoy spending money more than having it.

 At the moment of gambling session, you get emotions that are very difficult to get in other entertainment. This is why there are so many gamblers in the world.

On the moment that you do make out some deposit on the casino online then it would really be best that you should really be treating up that those money you had used are considered to be totally lost,
with this then you wont really be able to find yourself that being that too impulsive with your funds since you've been able to anticipate that those things are already that lost.

Usually it would really be just that a matter of someones discipline and control because if you dont have this thing and find yourself that being too impulsive with gambling and
doesnt really like to lose money then it wont really be shocking that you would really be getting these kind of complaints on why they do have lost money on which they dont
be able to realize that it wasnt really that a new thing but rather this is how gambling do works and its really needed that you would be making out that kind of realization on what it is
so that you wont really be having that kind of positive approach towards it.

[Dewi Aries]

Imo is not a smart move to always have the urge of wanting to get what one have loss back or chasing after losses. Because when one has began to have such mindset or thought of getting that they have loss I their gambling sections, they may endup magneting more losses to themselves. So chasing after losses isn't encouraging at all, when one encountered any forms of losses in Their gambling, is better to call it a day. So that they can have enough time to get their head back in the game.

Taken gambling as a form of getting rich quick or as a source of earning is never a good start because gambling is a form of entertainment. Though one can earn some extra cash by hitting the jackpot but still doesn't mean that one should take it as a source income.

If we have experienced a lot of losses in gambling, we should just stop, don't expect too much to catch up on our previous losses. This will make you fall deeper into the abyss of your losses. Emotional control and financial management are needed when we start gambling. We should play only for entertainment, not to earn a living. Basically the gambling owner has arranged everything for you when playing, even if you have good skills. Not a single bookie made him go bankrupt, which makes the dealer rich from your losses while playing.

True, because it is a fact that a gambler is always advised or required to know when to row and when to pull over, no other than because it is only by this that we will at least avoid the various bad possibilities that exist in gambling, I'm not saying that you will never lose but certainly by applying limits to the time of involvement and gambling budget then obviously it can minimize the possibility of losing large amounts of money.

Another thing as you said is that applying self-control along with financial management is something that gamblers must have which has the same benefits as what I said above that the main purpose is to minimize emotions when losing so that we avoid various impulsive decisions that usually lead gamblers to more potential disasters. On the other hand, we also have to understand that gambling is actually a business for casinos, casinos take advantage of gamblers who always act excessively which will ultimately give casinos a lot of profit, so this is one of the reasons why we are prohibited from making gambling a place to earn, it is too dangerous and what happens is that you will only suffer a lot of losses.

[Slow death]

There's no two ways about this, since the op is asking about what should be done when we lose money in gambling, To me the best thing one should do here is just take a break, stop and re-evaluate your betting strategy , Try to study or know why you have been losing , if you are playing the right kind of game that you understand very well, because some gamblers just bet even when they don't understand how that particular game works, and lastly finding area of gambling you understands.

Gambling is not as easy as we think and precaution is very important so that we don't end up losing more than we have to bet on. Many people are making mistakes because they are not ready to calm down and gamble since their motive is to make quick profit in the market. We need to be prepared to make money by taking the right approach so that we don't still lose in gambling. Those that are making money frequently in gambling now are those that have made sacrifices at the beginning and have lost money and now they are enjoying making money because they are ready to observe and taking the right risk that would bring more money for them.

Just as many people have said many times and I agree with what they have said, gambling should not be about profit, there are no profits in gambling in the long term, there are very rare cases of people who started playing and managed to stop playing. instead of playing and left with profits that they can live well thanks to those profits. Those news stories that we hear on TV and newspapers sometimes saying that a person bought a lottery ticket and won a lot of money to the point of being considered rich, are stories that don't happen to many people throughout the year. and see that you will hardly hear on TV or newspapers talking about someone going to a casino, playing a slot machine or placing sports bets and winning a lot of money

Most of the few cases of people who left the casinos rich were playing some card game and are very rare cases that have happened over the years. So people shouldn't keep thinking that they have to take risks because in the long run they will be rewarded with profits, because they will be fooling themselves, gambling is just to be seen as fun, nothing more than that. when people buy food in a restaurant, people know that the money they paid for the food in the restaurant is money that will never come back, so that's how people should look at gambling, people are paying in casinos to have fun playing

[Dzigie]

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 have never gambled with big money. I think a person who loses big money in gambling will gamble with big money to win back the money he has lost. I think people who gamble with big money are people who have lost control and once you lose control you can lose control again. I think I know how to stop, but I know that one day if I don't stop myself I will lose. If something like the example you gave me happens to me, I will try to stop myself.

[I_Anime]

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 have never gambled with big money. I think a person who loses big money in gambling will gamble with big money to win back the money he has lost. I think people who gamble with big money are people who have lost control and once you lose control you can lose control again. I think I know how to stop, but I know that one day if I don't stop myself I will lose. If something like the example you gave me happens to me, I will try to stop myself.

Using cash you can afford to lose is just the best than going all in with your hard earn funds , and doing so endup losing everything. So is better to lose a little than to lose all yah funds. But most time we don't reason that way, expecially when we are losing ,  at that same moment our emotions Will endup getting the best of us , making us to risk any amount of money inorder to get back what we have loss during our gambling sections. that's why is always advisable to gamble with what you can afford to lose and whenever one see his making alot of losses he or she should stop for a while.

[danadc]

Using cash you can afford to lose is just the best than going all in with your hard earn funds , and doing so endup losing everything. So is better to lose a little than to lose all yah funds. But most time we don't reason that way, expecially when we are losing ,  at that same moment our emotions Will endup getting the best of us , making us to risk any amount of money inorder to get back what we have loss during our gambling sections. that's why is always advisable to gamble with what you can afford to lose and whenever one see his making alot of losses he or she should stop for a while.

I would also advise that things happen by resting, when I lose I stop playing for a while, that way I wake up, the fact that I have lost money does not affect me much , because sometimes you lose a lot of money, and that is something that saddens anyone In this case the best thing is to go out and not be so involved in the game, sometimes disconnecting from this a little is worth it, to arrive later with more strength, it is not advisable that when you lose a lot of money you Continue to insist there, that is what it makes a person addicted and can't get out as fast, so in particular you have to leave the game for a while, or go the next day without remembering what you missed the Previous day.

[TelolettOm]

If we have experienced a lot of losses in gambling, we should just stop, don't expect too much to catch up on our previous losses. This will make you fall deeper into the abyss of your losses. Emotional control and financial management are needed when we start gambling. We should play only for entertainment, not to earn a living. Basically the gambling owner has arranged everything for you when playing, even if you have good skills. Not a single bookie made him go bankrupt, which makes the dealer rich from your losses while playing.

I agree that it is better to stop temporarily when we always got losses. There should be an evaluation on our habits, maybe we make the wrong things. And we don't need to be influenced by the losses, don't try to deal with the losses by playing more often. What we need to do is to calm our mind, we need to get entertainment from another source. In this condition, I personally prefer to gather with my family or I take a loot the sight at the nearest tourist attraction. This will easily calm my mind, this makes easier to control emotion.

Sure, we don't try to much focus on earning money. This only causes the excessive gambling because we don't accept losing money and will case the losses. sadly, when we chase the losses, there will be more losses. Finally, we may lose everything if we don't stop it temporarily. So, even if we want to try luck in gambling, don't expect too much on the prize. Always remember to set the limit on the time and funds!!



Source: responsibleplayct

[hyudien]

Gambling is not as easy as we think and precaution is very important so that we don't end up losing more than we have to bet on. Many people are making mistakes because they are not ready to calm down and gamble since their motive is to make quick profit in the market. We need to be prepared to make money by taking the right approach so that we don't still lose in gambling. Those that are making money frequently in gambling now are those that have made sacrifices at the beginning and have lost money and now they are enjoying making money because they are ready to observe and taking the right risk that would bring more money for them.

To prevent large losses in gambling can be done by having a limit with the gambling that is done. With those who gamble whose goal is to make a quick profit, of course, it is very unlikely that they can accept the defeat that occurs with the gambling they do, because the goal is to make money, and that makes them think that they really have to be able to win at gambling, even though in gambling, victory is very difficult to obtain, and there is also no effective way to win with certainty. If you really want to gamble, hopefully you can see the disadvantages that are certain to occur with gambling, don't let us only think about the uncertain side of victory.
If indeed the gambling that is done has ended in defeat, then it is best to stop and leave the casino or gambling, calm the mind with things we like, not instead by gambling again to be able to pursue victory, it is a ridiculous act.

[Webetcoins]

If we have experienced a lot of losses in gambling, we should just stop, don't expect too much to catch up on our previous losses. This will make you fall deeper into the abyss of your losses. Emotional control and financial management are needed when we start gambling. We should play only for entertainment, not to earn a living. Basically the gambling owner has arranged everything for you when playing, even if you have good skills. Not a single bookie made him go bankrupt, which makes the dealer rich from your losses while playing.

Stopping is probably the only good option we have when we lose in gambling because it is not wise to keep gambling even when you are losing because your luck won't magically change and you start winning all of a sudden and recover what has been lost, that isn't how gambling works in the first place because gambling is a business for its creators and it isn't a way for us gamblers to make money, so it is always only going to be profitable for them and not us.

Those who stay profitable in gambling are extremely lucky, and such sort of luck can only be found in a few among millions of gamblers. So, there is no point in trying to achieve what is almost impossible for you to achieve. This is why, it's better for a gambler to stop gambling when they lose.

[junder]

I would also advise that things happen by resting, when I lose I stop playing for a while, that way I wake up, the fact that I have lost money does not affect me much , because sometimes you lose a lot of money, and that is something that saddens anyone In this case the best thing is to go out and not be so involved in the game, sometimes disconnecting from this a little is worth it, to arrive later with more strength, it is not advisable that when you lose a lot of money you Continue to insist there, that is what it makes a person addicted and can't get out as fast, so in particular you have to leave the game for a while, or go the next day without remembering what you missed the Previous day.

Of course, when gambling is done, what you have to do is stop and leave the casino to rest, calm your mind, that's a must, especially when we lose in gambling, because in my opinion, no one is happy when they lose, let alone lose money, if they continue, maybe that's the case. There will only be emotions overflowing and that can trigger us to take careless actions that tend not to be considered first so that it can make us lose more money. the solution is to stop and rest, it is not recommended to continue gambling when you have lost.

If you still want to gamble, it's best to come back another time or another day, because maybe with the gambling you do later there will be luck that can give us a win. Don't force yourself to continue gambling because you want to win. Moreover, even though we try as hard as we can by gambling continuously, it doesn't ensure that we can win. I think people who can stop gambling when their gambling ends in defeat are intelligent people.

[Zanab247]

Funny enough a lot of people who win in gambling are not much compared to the number of people who lose daily, that is enough reason for one not to take gambling as a means of earning a fortune, it is not like an everyday job where you'll work an expect income whether monthly or weekly. In gambling, making profits is based on luck and skills and 1 or 2 in 10 persons have been very lucky to make huge fortune out of it. I think the best way to see gambling is as a form of entertainment, that is why it is advised that people should bet with what they could afford to lose. Also, instead of chasing loses I'll advise you quit for a while and try again later.

I noticed something like that in the gambling center, the number of losing are more higher than the numbers of winning in gambling center because before you will win from your gambling, it will take a long time and maybe the person has lost many times before he finally win to recover from his lost.

Since many gamblers has learned their lesson from other gamblers, that lost huge amount of money from gambling because they made gambling as investment where they can earn to solve their family issues that made them to be addicted to gambling.

When you take gambling as fun, you will like to be a gambler which is the best way for people to embrace gambling for them to live in gambling for long without fear be addicted to gambling.

[Dewi Aries]

If we have experienced a lot of losses in gambling, we should just stop, don't expect too much to catch up on our previous losses. This will make you fall deeper into the abyss of your losses. Emotional control and financial management are needed when we start gambling. We should play only for entertainment, not to earn a living. Basically the gambling owner has arranged everything for you when playing, even if you have good skills. Not a single bookie made him go bankrupt, which makes the dealer rich from your losses while playing.

Stopping is probably the only good option we have when we lose in gambling because it is not wise to keep gambling even when you are losing because your luck won't magically change and you start winning all of a sudden and recover what has been lost, that isn't how gambling works in the first place because gambling is a business for its creators and it isn't a way for us gamblers to make money, so it is always only going to be profitable for them and not us.

Those who stay profitable in gambling are extremely lucky, and such sort of luck can only be found in a few among millions of gamblers. So, there is no point in trying to achieve what is almost impossible for you to achieve. This is why, it's better for a gambler to stop gambling when they lose.

That's right and there is no other decision that is wiser than stopping at the right time, especially when we experience several losses in a row. I understand that anyone doesn't like losing money, but what we have to understand here is that after all, luck can never happen. being chased because luck will only come by itself by chance and unexpectedly and maybe you have experienced that when you didn't really expect to win but the result ended up being winning.

Therefore, this is the reason why a gambler is always prohibited from using gambling as a place to make money or chase losses in gambling, because the problem is that luck will not always come according to what we want, on the other hand, it is a fact, as you said, that actually gambling is a business that will only benefit the casino itself, they take advantage of gamblers who misunderstand gambling who usually always gamble excessively and obviously the number of losses will definitely be greater than the winnings, therefore when you treat gambling excessively as with the aim of pursuing bigger wins, this is actually an idea that will only make the casino more profitable because the amount you lose will definitely be bigger.

[GigaBit]

Imo is not a smart move to always have the urge of wanting to get what one have loss back or chasing after losses. Because when one has began to have such mindset or thought of getting that they have loss I their gambling sections, they may endup magneting more losses to themselves. So chasing after losses isn't encouraging at all, when one encountered any forms of losses in Their gambling, is better to call it a day. So that they can have enough time to get their head back in the game.

Taken gambling as a form of getting rich quick or as a source of earning is never a good start because gambling is a form of entertainment. Though one can earn some extra cash by hitting the jackpot but still doesn't mean that one should take it as a source income.

If we have experienced a lot of losses in gambling, we should just stop, don't expect too much to catch up on our previous losses. This will make you fall deeper into the abyss of your losses. Emotional control and financial management are needed when we start gambling. We should play only for entertainment, not to earn a living. Basically the gambling owner has arranged everything for you when playing, even if you have good skills. Not a single bookie made him go bankrupt, which makes the dealer rich from your losses while playing.

If a gambler has the theory that there is more to lose than to gain from gambling, he will not be more concerned about winning. Winning and losing is part of gambling, but many gamblers know it but forget. Where a gambler stops is up to the gambler. Must be able to control oneself. Moreover, fund management is an important issue. If the gambler keeps a good attitude on his financial aspect and conducts gambling within a certain limit then he can conduct gambling under control in any circumstances. If a person loses in gambling then he should either take a break from gambling or else he should be careful about how he can recover his losses from gambling.If there is not much expectation from gambling then there is nothing to worry about loss.

[I_Anime]

Imo is not a smart move to always have the urge of wanting to get what one have loss back or chasing after losses. Because when one has began to have such mindset or thought of getting that they have loss I their gambling sections, they may endup magneting more losses to themselves. So chasing after losses isn't encouraging at all, when one encountered any forms of losses in Their gambling, is better to call it a day. So that they can have enough time to get their head back in the game.

Taken gambling as a form of getting rich quick or as a source of earning is never a good start because gambling is a form of entertainment. Though one can earn some extra cash by hitting the jackpot but still doesn't mean that one should take it as a source income.

If we have experienced a lot of losses in gambling, we should just stop, don't expect too much to catch up on our previous losses. This will make you fall deeper into the abyss of your losses. Emotional control and financial management are needed when we start gambling. We should play only for entertainment, not to earn a living. Basically the gambling owner has arranged everything for you when playing, even if you have good skills. Not a single bookie made him go bankrupt, which makes the dealer rich from your losses while playing.

If a gambler has the theory that there is more to lose than to gain from gambling, he will not be more concerned about winning. Winning and losing is part of gambling, but many gamblers know it but forget. Where a gambler stops is up to the gambler. Must be able to control oneself. Moreover, fund management is an important issue. If the gambler keeps a good attitude on his financial aspect and conducts gambling within a certain limit then he can conduct gambling under control in any circumstances. If a person loses in gambling then he should either take a break from gambling or else he should be careful about how he can recover his losses from gambling.If there is not much expectation from gambling then there is nothing to worry about loss.

You are right most gamblers usually forget that there is More to lose than to gain from gambling, and gambling all about win or lose. Most people focus mainly on the winning side making them to gamble recklessly with the hope of making a huge win by hitting a nice jackpot.  One should always control his gambling huge , to avoid chasing after losses. Because one may endup making more losses.

[Aanuoluwatofunmi]

Go home whenever you're loosing in gambling after several attempts to make win, you don't have to force it coming when the luck is not there for the day, if we did not make it that same day doesn't mean that we cannot have more opportunities on other coming days ahead, we should know that gambling is not only a win for win game, we have to win and lose combination to add up to the fun to always have to discuss about it.

[virasog]

If we have experienced a lot of losses in gambling, we should just stop, don't expect too much to catch up on our previous losses. This will make you fall deeper into the abyss of your losses. Emotional control and financial management are needed when we start gambling. We should play only for entertainment, not to earn a living.

First of all, we need to know that gambling is dependent on luck. This means that results in gambling will be random mixtures of wins and losses. You will not lose all the games and you will not win all the games. Now if someone is losing a lot of money in gambling, this means that there is some misuse of money by him. He must not be following the risk management techniques.

Basically the gambling owner has arranged everything for you when playing, even if you have good skills. Not a single bookie made him go bankrupt, which makes the dealer rich from your losses while playing.

Well, it is obvious that gambling owners and the bookies will earn more as compared to the gambler himself. The reason is that there are so may unmature and ignornant gamblers who will gamble blindly and will not follow any money management plan. The casino owners take full advantage of this.

Believe me, if all the gamblers follow the money management principles, then gambling sites may not enjoy such big profits as they are getting them now.