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Author Topic: If we lose in gambling, what do we need to do?  (Read 4212 times)
hyudien
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May 06, 2024, 01:47:57 AM
 #521

I agree with you here. There is no one who would come and say they are not aware of the time they start getting desperate in their bet. Gradually they get more desperate when they begin to lose, they would want to go all in or sometimes have a double bet slip thinking if one does not win the other would. At this point it will be difficult to control themselves since they have passed the limit they could. The time they would have quit was when they made some little profit, but they choose to say and when they start experiencing losses, they would try to make amend which will lead them to cause more damage by losing all their bankroll.
Those who are desperate in gambling are of course people who respond wrongly to gambling, with the initial thought that they can double the money they have so that it can increase quickly, but with that thought of course they will not be able to accept the losses that occur so there is a possibility that when the money If they lose what they gambled on, they can become desperate, and with that despair there are two possibilities that will happen, they will take revenge by gambling again in pursuit of victory or by realizing that gambling is not something that can definitely make them get money.
Also, if from the start their intention to gamble was to double their money, it could be that when they lose at gambling they may lose self-control, where they want to reverse the situation by putting money back in to get the win they want, instead of wanting to reverse the situation but In fact, it only causes them to experience more losses. It is not recommended to take inappropriate actions, but it cannot be denied that gambling does have a strong attraction.

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May 06, 2024, 09:38:16 AM
 #522

When you lose, take a deep rest. Maybe that way it could clear your mind and it might help to make a good decision the next time you are back in gambling again.
The thing about losing is we are inclined to take revenge because we want out money back. That's wrong and it might just increase the  amount that we will lose because we are not in the right mind anymore. Don't chase your losses. Just like today, I lost my bet in sports betting but it doesn't mean I have to blindly bet in another sport that I know nothing about just to chase my losses. I will rest and wait for the next game instead.

What you say, is what most gamblers should understand. however, it's not just for understanding so that we can do as you say. In gambling, sometimes we get carried away by situations and conditions, whether it's a winning situation or vice versa. Talking about defeat, in this discussion is commonplace. We all know every part of the risks of this hobby, the problem is how do we return ourselves to our original position. I mean, so that we are not influenced to make deposits repeatedly, especially if we have lost many times.

Well, what you said could be the answer based on the question in the title of this thread. it's just, as I said above. Understanding is important in gambling, responsibility and self-control come into play. In the end, we know the limits of what we can afford. If we are involved in every gambling session we do, then at least we won't do anything excessive. It is also important, to discipline ourselves so that we know every limit whether it is our situation to stop the game or vice versa. well, basically it all comes back to how each gambler handles his gambling.


Gambling requires planning, like eating or renting. You must set a boundary or things get messy quickly. You stated losing yourself, which is a red indicator, pal. Check in with yourself honestly. "Am I having fun, or am I getting desperate?" You should leave if it's not fun. Being careful with gambling goes beyond money. Understanding your motivations. For thrills? An getaway from stress? Real change comes from understanding those causes, guy. You must limit your budget and mind. It's about long-term strategy, not just betting. That keeps gambling a choice, not an addiction
while it's true that theoretically, it's best to make proper planning before indulging in gambling, in reality most persons don't put in the effort to ensure that they make the needed plans that will see them to gambling responsibly. It's always a normal thing that when we have lost a huge tone of money in the process of gambling that we tend to want to get those money back through gambling and that if care isn't taken, there is a higher probability that might end up loosing more of our money in the process but at the end of the day, discipline is what's needed if we are going to have a fruitfull gambling journey where our looses doesn't really trigger us to getting ourselves involved in situations where we loose more money because we want to recover our looses.

Sometimes in a bit to recovering your looses there are individuals that gets lucky and win bad more that than they've lost in the process of gambling but this kind of scenario might not work out for everyone and so depending on the peculiarity ot your situations, you've got to know if it's work gambling to me recover your lost money or if it's best or reduce your rate of gambling for a while after which you can continue when you're emotionally strong again.

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May 06, 2024, 10:21:05 AM
 #523

I think it's clear that there's no better decision than to quit right then and there, not least because if you continue the session in a losing state then there's a good chance you'll get emotional and continue unconsciously, and this is a scenario where most gamblers get so caught up in the desperation that they move on to take a lot of impulsive actions based on emotion.

So the bottom line is that it is better to stop immediately and do other activities in your life that are indirectly useful to make you forget about the defeat you have experienced. But on the other hand although this is the best advice and decisions that lead to preventive action but the fact is that it is very difficult for them to do so where most of them continue the session with the intention and purpose of returning something that has been lost, and this is the reason why a gambler must understand that gambling is about winning and losing and it is natural because after all gambling is a betting activity that bets your money on two possibilities at the end of the session, and this is also the reason why we are always advised to be accountable for all the decisions we have made.

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May 06, 2024, 12:25:30 PM
 #524

When you lose, take a deep rest. Maybe that way it could clear your mind and it might help to make a good decision the next time you are back in gambling again.
The thing about losing is we are inclined to take revenge because we want out money back. That's wrong and it might just increase the  amount that we will lose because we are not in the right mind anymore. Don't chase your losses. Just like today, I lost my bet in sports betting but it doesn't mean I have to blindly bet in another sport that I know nothing about just to chase my losses. I will rest and wait for the next game instead.

What you say, is what most gamblers should understand. however, it's not just for understanding so that we can do as you say. In gambling, sometimes we get carried away by situations and conditions, whether it's a winning situation or vice versa. Talking about defeat, in this discussion is commonplace. We all know every part of the risks of this hobby, the problem is how do we return ourselves to our original position. I mean, so that we are not influenced to make deposits repeatedly, especially if we have lost many times.

Well, what you said could be the answer based on the question in the title of this thread. it's just, as I said above. Understanding is important in gambling, responsibility and self-control come into play. In the end, we know the limits of what we can afford. If we are involved in every gambling session we do, then at least we won't do anything excessive. It is also important, to discipline ourselves so that we know every limit whether it is our situation to stop the game or vice versa. well, basically it all comes back to how each gambler handles his gambling.


Gambling requires planning, like eating or renting. You must set a boundary or things get messy quickly. You stated losing yourself, which is a red indicator, pal. Check in with yourself honestly. "Am I having fun, or am I getting desperate?" You should leave if it's not fun. Being careful with gambling goes beyond money. Understanding your motivations. For thrills? An getaway from stress? Real change comes from understanding those causes, guy. You must limit your budget and mind. It's about long-term strategy, not just betting. That keeps gambling a choice, not an addiction
If a gambler asks himself the questions you mentioned, he can easily find the answer what he wants or expects from gambling. Is he really turning into an addicted gambler or is he normal? If the gambler considers his position through these questions, he can easily find the answers to his questions. In this thread the OP wanted to know what to do if i lose gambling? For this I want to say a very simple thing that if I have the ability then I will gamble again and if I don't have the ability then I will take a temporary break from gambling. Whatever my gambling motive is I can never gamble if I don't have money. What I have to do that will depend on my financial ability.

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May 06, 2024, 01:36:00 PM
 #525

If your hunch says today is not lucky when playing bets, then you should stop because if you are forced to keep playing, you will finally experience defeat. Thinking to continue betting to restore the previous defeat is the wrong behavior because we are not able to guarantee in the next bet we will get a victory. I will stop if I experience this and return to play the next day if you want to continue.
You're absolutely right.
It's important for gamblers to always follow their instincts especially when you're struggling within yourself on a certain decision, for example, if a gambler is on a winning streak and then you get to point where you start losing, a gambler's instincts will always tell him to quit and walk away with what's left, but the greed in him will push him to continue so he can be able to recover all the losses. So it'seft for him to make his choice, whether to walk away or to continue.
Without being told, a responsible gambler would know that continuing to gamble in such a situation and ignoring his instincts would lead him to doom and regret.

Very often it happens that intuition fails a person, so always follow only intuition in gambling is not a very good decision. Act within your risk management and strategy and then you will be ready in advance for any result in gambling. Only cold calculation allows you to remain steadfast in the most incomprehensible for you situations. Intuition in such situations can lead to error, as well as emotions.
Yes before anything else, it's advisable to always acknowledge and recognise the level of risk you're willing to take and be sure you don't exceed that level, to avoid risking more than one can afford to lose.
Not just in gambling, but in every area that involves putting or staking money. This often helps to keep the person in charge of your decisions and to always manage one's emotions regardless the nature of the situation.

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May 06, 2024, 01:48:43 PM
 #526


Yes before anything else, it's advisable to always acknowledge and recognise the level of risk you're willing to take and be sure you don't exceed that level, to avoid risking more than one can afford to lose.
Not just in gambling, but in every area that involves putting or staking money. This often helps to keep the person in charge of your decisions and to always manage one's emotions regardless the nature of the situation.
In the event that you've got a lot of time on your hands, you'll want to make sure that you've got a good understanding of what you're doing and how you're doing it.
By realizing yourself first from the start of the attitude and habits that are done that can make you consider your safe limits to do something including gambling that is done.

It may be very difficult because sometimes even though we have planned from the beginning but sometimes there are some things that we cannot avoid happening in the worst possibility but at least with this we can minimize in terms of losses even though surely in the end talking about gambling finally has to lose but we don't regret it too much because we already know that and have used a budget that we already realize that it is to make us happy and we are ready to lose the money.

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May 06, 2024, 02:34:27 PM
 #527

If your hunch says today is not lucky when playing bets, then you should stop because if you are forced to keep playing, you will finally experience defeat. Thinking to continue betting to restore the previous defeat is the wrong behavior because we are not able to guarantee in the next bet we will get a victory. I will stop if I experience this and return to play the next day if you want to continue.
You're absolutely right.
It's important for gamblers to always follow their instincts especially when you're struggling within yourself on a certain decision, for example, if a gambler is on a winning streak and then you get to point where you start losing, a gambler's instincts will always tell him to quit and walk away with what's left, but the greed in him will push him to continue so he can be able to recover all the losses. So it'seft for him to make his choice, whether to walk away or to continue.
Without being told, a responsible gambler would know that continuing to gamble in such a situation and ignoring his instincts would lead him to doom and regret.

Very often it happens that intuition fails a person, so always follow only intuition in gambling is not a very good decision. Act within your risk management and strategy and then you will be ready in advance for any result in gambling. Only cold calculation allows you to remain steadfast in the most incomprehensible for you situations. Intuition in such situations can lead to error, as well as emotions.
Yes before anything else, it's advisable to always acknowledge and recognise the level of risk you're willing to take and be sure you don't exceed that level, to avoid risking more than one can afford to lose.
Not just in gambling, but in every area that involves putting or staking money. This often helps to keep the person in charge of your decisions and to always manage one's emotions regardless the nature of the situation.

That is correct but to counter it also fortune favors the bold or if you don't risk it don't win it are also correct so it all depends on the point of view of the gambler or person involved in the gambling activities.I mean it would be great if most persons thought about the first option and they put a limit on their money that they will spend in gambling before they put them in and stick to it rather than the 2nd or 3rd option but unfortunately the reality is that most gamblers go with the 2nd or 3rd option and they have these statements as their leader thus leading to brutal loses in most of the time during their gambling activity.

We should all fight to bring as many people to the first way of thinking and that is you put a limit and you try that,whatever happens you then immediately quit that session.

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May 06, 2024, 02:52:47 PM
 #528


Yes before anything else, it's advisable to always acknowledge and recognise the level of risk you're willing to take and be sure you don't exceed that level, to avoid risking more than one can afford to lose.
Not just in gambling, but in every area that involves putting or staking money. This often helps to keep the person in charge of your decisions and to always manage one's emotions regardless the nature of the situation.
In the event that you've got a lot of time on your hands, you'll want to make sure that you've got a good understanding of what you're doing and how you're doing it.
By realizing yourself first from the start of the attitude and habits that are done that can make you consider your safe limits to do something including gambling that is done.

It may be very difficult because sometimes even though we have planned from the beginning but sometimes there are some things that we cannot avoid happening in the worst possibility but at least with this we can minimize in terms of losses even though surely in the end talking about gambling finally has to lose but we don't regret it too much because we already know that and have used a budget that we already realize that it is to make us happy and we are ready to lose the money.
Gambling in a way that will always make you happy is the best practice and not to gamble and start feeling remorse of your actions, because you did not gamble with the amount that will not affect your emotions. Having a gambling budget is the best and the moment you have exhausted the budget, you should know that it is quitting time and you gamble only when you have refill your gamble budget.

R


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May 06, 2024, 03:06:20 PM
 #529


In fact, in my opinion luck is much more important than strategy, strategy is only a complement while luck is the main key to confirming victory, achieving luck is very difficult because indeed everyone will never know when they can be lucky in any case but the fact is that there are always some gamblers who waste their luck by instead continuing the session because they are unable to ignore the greed that is in them, in the end instead of getting a bigger amount but in the end they lose all the money they managed to get at the beginning.

Luck varies and everyone has different luck, especially when it comes to winning in gambling, so if you have managed to win $100 for example then you should not think of copying someone else's winning amount of $1000 because as I said above that everyone has different luck, which is a lot of evidence that we can see that someone who is greedy and wants to get a much bigger win like everyone else then in the end they lose everything, and this is the reason why everyone's luck is different. Another thing is that yes I agree with you that gambling is always about winning and losing, you can win a large amount but you can also lose an even larger amount, hence this is the reason not to put excessive expectations on winning because it will create a lot of excessive actions while winning always depends on luck.
You're right: luck is crucial in gambling. Honestly, its a factor. Real winners, the top players, the bankers, understand strategy. Thats crucial. Luck brings you in, but strategy gets you paid.  The big hand isnt enough - you must know when to fold and walk away to win. The real skill is there. Greed? Its deadly, disastrous. Unbelievable speed at which winners become losers. The key is recognizing your limits. You win $100? Amazing! Take and celebrate. Trying to win someone else's grand? Poor odds on the bet. Follow your strategy, be proud of wins, and you'll always have more chips.

Sure, because after all it's a fact that everyone has different luck in life and in whatever they do, but unfortunately most of them don't understand the concept and the way luck works which is why they just keep going on and on in order to get bigger winnings like other people, and if this is your approach to gambling then I would say that when you see other people's winnings that are much bigger then surely you will also have the feeling to get the same amount as them.

This means that this approach to gambling involves “desire” and there is usually no limit to desire, as long as you see it then you will continue to want something bigger, and it is clear that this is a mindset and approach that will actually only lead you to more regret. So from now on it's better to always be content especially when you manage to get some winnings, don't look at others and as you said here that we should be proud of our winnings, and I will tell you that the key to being able to have this kind of approach to gambling is to understand what gambling is really about, not just focus on the chances of winning but also look at the risks.

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May 06, 2024, 03:11:17 PM
 #530


Yes before anything else, it's advisable to always acknowledge and recognise the level of risk you're willing to take and be sure you don't exceed that level, to avoid risking more than one can afford to lose.
Not just in gambling, but in every area that involves putting or staking money. This often helps to keep the person in charge of your decisions and to always manage one's emotions regardless the nature of the situation.
In the event that you've got a lot of time on your hands, you'll want to make sure that you've got a good understanding of what you're doing and how you're doing it.
By realizing yourself first from the start of the attitude and habits that are done that can make you consider your safe limits to do something including gambling that is done.

It may be very difficult because sometimes even though we have planned from the beginning but sometimes there are some things that we cannot avoid happening in the worst possibility but at least with this we can minimize in terms of losses even though surely in the end talking about gambling finally has to lose but we don't regret it too much because we already know that and have used a budget that we already realize that it is to make us happy and we are ready to lose the money.
Gambling in a way that will always make you happy is the best practice and not to gamble and start feeling remorse of your actions, because you did not gamble with the amount that will not affect your emotions. Having a gambling budget is the best and the moment you have exhausted the budget, you should know that it is quitting time and you gamble only when you have refill your gamble budget.
You are absolutely right and I agree with you completely, but however, you should understand that it's naturally hard for one to be disciplined well enough to start such a plan and keep to it for a long time, as you will agree with me that, its actually very easy to start something, practice that thing for a weeks, but then a matter of a month or Goin to two to three month, it's hard to find one who will still be practicing that thing, most especially if it's something that relates to gambling, something the person is practicing for the sole purpose of helping them manage their funds better in gambling.

I had a friend when I was working for salary in one of the companies in my city here, he was a frequent gambler, and one time I asked him how he manages to have fund for gambling even wit the very small salary we were being paid, he told me that about a week before, he started removing a certain amount of money from his salary and reserved that for gambling, this he said he did every month ending, and after 2 months or so, I asked him if he was still putting some money away for gambling, he told me that he already stopped, that he only did it for the first month, but realized he couldnt coup with the idea by the second month, so he stopped.

Such things as this are naturally hard to keep doing for the long term, it requires a lot of discipline to keep up with.

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May 06, 2024, 03:22:02 PM
 #531


Yes before anything else, it's advisable to always acknowledge and recognise the level of risk you're willing to take and be sure you don't exceed that level, to avoid risking more than one can afford to lose.
Not just in gambling, but in every area that involves putting or staking money. This often helps to keep the person in charge of your decisions and to always manage one's emotions regardless the nature of the situation.
In the event that you've got a lot of time on your hands, you'll want to make sure that you've got a good understanding of what you're doing and how you're doing it.
By realizing yourself first from the start of the attitude and habits that are done that can make you consider your safe limits to do something including gambling that is done.

It may be very difficult because sometimes even though we have planned from the beginning but sometimes there are some things that we cannot avoid happening in the worst possibility but at least with this we can minimize in terms of losses even though surely in the end talking about gambling finally has to lose but we don't regret it too much because we already know that and have used a budget that we already realize that it is to make us happy and we are ready to lose the money.
Gambling in a way that will always make you happy is the best practice and not to gamble and start feeling remorse of your actions, because you did not gamble with the amount that will not affect your emotions. Having a gambling budget is the best and the moment you have exhausted the budget, you should know that it is quitting time and you gamble only when you have refill your gamble budget.
Some gamblers gamble with more than their initial budgets which in most cases is caused by their refusal to quit after they must have lost all the money they initially budgeted before engaging in their gambling activities. After losing more than they can emotionally handle, they're always left in confused state which in most times they try to question themselves on what to do in other to heal from the emotional trauma that was caused by their heavy loss. That is the reason for this particular topic and it's expected of anyone that's had such experience in gambling to use their experience and offer lasting solutions to such incidents.
The first time I lost huge money in gambling, I became deeply depressed because the money I lost was supposed to be used for something more meaningful. It was a very close friend of mine who had experienced such incident in gambling before that asked to assume that I was robbed of the money but was able to run away from the robbers without being hurt, I listened to his advice and got a bit relieved. It took me over two weeks to get over it but have never for once gambled more than my budget again

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shivansps
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May 06, 2024, 03:34:59 PM
 #532

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?

You say that many people consider casinos a place to make money. I'm interested to look at those people who count there. Yes, you can definitely make money there, but the chance of losing money is much higher. If casinos weren't profitable, they wouldn't exist.
In response to your request, I will say that casinos, slot machines, bets, etc. should be considered exclusively as entertainment or a hobby. Accordingly, a person usually spends on a hobby the money that he can afford to spend irrevocably. It is also worth doing with gambling, if you spend money that you can easily lose, then you will not have problems. If you spend important, large sums of money in an attempt to get rich, then this will not lead to anything good.
You asked for advice, I’ll tell you, draw conclusions, analyze what was wrong and why you allowed yourself to use a large amount of money and next time either don’t play or spend a small part of your main income

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May 06, 2024, 03:54:05 PM
 #533

That is correct but to counter it also fortune favors the bold or if you don't risk it don't win it are also correct so it all depends on the point of view of the gambler or person involved in the gambling activities.I mean it would be great if most persons thought about the first option and they put a limit on their money that they will spend in gambling before they put them in and stick to it rather than the 2nd or 3rd option but unfortunately the reality is that most gamblers go with the 2nd or 3rd option and they have these statements as their leader thus leading to brutal loses in most of the time during their gambling activity.

We should all fight to bring as many people to the first way of thinking and that is you put a limit and you try that,whatever happens you then immediately quit that session.
You're not wrong for saying that fortune favours the bold and taking risks could actually lead to success.
But need I also remind you that prudence and caution are key towards maintaining a good and healthy gambling lifestyle. At all time one should always be reminded never to risk what he can't afford to lose, which is a cautionary reminder about just how risk management is to a gambler.
The ability of a gambler to manage risk and apply caution determines just how healthy and safe he is.

For every wrong action and decision taken in gambling, there's a corresponding consequence, so it's very important as a gambler to always weigh the potential rewards against the potential risks and always consider the consequences of your actions before taking them.

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May 06, 2024, 04:03:40 PM
 #534

Losing money gambling can be a painful and challenging experience. When you find yourself down a lot of amounts, it's natural to feel desperate to win it back. The temptation is to continue gambling, thinking you'll recoup the losses if you just keep playing. However, this is rarely effective and often leads to even bigger losses. But in reality, those losses are already gone, and chasing them with more bets will likely dig the hole even deeper. Work at your normal job, budget wisely, and rebuild your savings through steady, predictable income rather than high-risk gambling. Stay positive, focus on the future, and find happiness in other areas of life.

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Dr.Bitcoin_Strange
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May 06, 2024, 04:04:14 PM
 #535

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?

Revengeful gambling is what gamblers are frequently warned against because it leads to frustration and addiction. In gambling, every day is not a lucky day; some days could just be so bad that you can lose all your money without a single win, and some days too can be so good that you will have multiple winning streaks. So, if anyone goes out to gamble and they don't see the luck coming so often, it's better to just stop, or you should only spend the budget you have for that day, and if there is no luck, just take your leave and try again next time when you have some funds to gamble off again. 

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May 06, 2024, 04:42:44 PM
Last edit: May 06, 2024, 05:05:13 PM by Accardo
 #536

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?

Revengeful gambling is what gamblers are frequently warned against because it leads to frustration and addiction. In gambling, every day is not a lucky day; some days could just be so bad that you can lose all your money without a single win, and some days too can be so good that you will have multiple winning streaks. So, if anyone goes out to gamble and they don't see the luck coming so often, it's better to just stop, or you should only spend the budget you have for that day, and if there is no luck, just take your leave and try again next time when you have some funds to gamble off again.

Your first two words better explains the behavior of some gamblers acting as though gambling is some sort of activity fueled by revenge. They think the house is responsible for the incurred loses, but that's a lie. Every gambler is responsible for whatever result he gets in gambling. Neglecting the need to take responsibility helps a gambler to face problem gambling. Trying to beat the house is a wasted effort and could lead the player towards more losses. Most players seem it normal to behave this way because of how lowly informed about gambling they are and nothing ever stops them from going after their lost money. It's a wrong move to always chase the losses.

When losing in gambling it's crucial not to go further, the best idea would be hitting the quit button and try another day. It feels bad though and anger could erupt from losing lots of money, but it's safer to go with more money left on us than losing out all the money in a single session. Gambling is a recurring activity and next time we'll want to wager again. If nothing is left on us, we can't gamble again next time. Hence, managing our funds is the right thing, so that another session can be held few days ahead

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May 06, 2024, 05:06:51 PM
 #537

When losing in gambling it's crucial not to go further, the best idea would be hitting the quit button and try another day. It feels bad though and anger could erupt from losing lots of money, but it's safer to go with more money left on us than losing out all the money in a single session. Gambling is a recurring activity and next time we'll want to wager again. If nothing is left on us, we can't gamble again next time. Hence, managing our funds is the right thing, so that another session can be held few days ahead
We have to calm ourselves when we lose in gambling, we will not be able to stop gambling if we are still on standby in the gambling place or we are still active in the gambling account and you will potentially play other bets, so the wise step is to leave the gambling area and we have to go elsewhere to relieve anger that can trigger higher losses.

Actually, we don't mind the losses from losing gambling if we have set a budget limit for gambling, the fact is that many gamblers don't consider gambling for entertainment but they want to get passive income from betting, but the hope of increasing income from gambling will never be realized unless the losses will be come any time.
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May 06, 2024, 06:20:32 PM
 #538

You're absolutely right.
It's important for gamblers to always follow their instincts especially when you're struggling within yourself on a certain decision, for example, if a gambler is on a winning streak and then you get to point where you start losing, a gambler's instincts will always tell him to quit and walk away with what's left, but the greed in him will push him to continue so he can be able to recover all the losses. So it'seft for him to make his choice, whether to walk away or to continue.
Without being told, a responsible gambler would know that continuing to gamble in such a situation and ignoring his instincts would lead him to doom and regret.
Instincts are sometimes overpowered by the desire to get another big win, even though when someone has had a lucky enough moment in several wins then they should be able to stop trying to withdraw the proceeds from that win. But unfortunately greed which involves lust makes it difficult for people to stop and instead they try to continue and in the end have to accept defeat and previous wins are lost.

There is no way to recover losses in gambling and otherwise we are unlucky at that time. What we should do is stop and continue gambling the next day. That's why we need to approach gambling responsibly so that we don't experience huge losses after getting a few wins.

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May 06, 2024, 08:34:24 PM
 #539

You're absolutely right.
It's important for gamblers to always follow their instincts especially when you're struggling within yourself on a certain decision, for example, if a gambler is on a winning streak and then you get to point where you start losing, a gambler's instincts will always tell him to quit and walk away with what's left, but the greed in him will push him to continue so he can be able to recover all the losses. So it'seft for him to make his choice, whether to walk away or to continue.
Without being told, a responsible gambler would know that continuing to gamble in such a situation and ignoring his instincts would lead him to doom and regret.
Instincts are sometimes overpowered by the desire to get another big win, even though when someone has had a lucky enough moment in several wins then they should be able to stop trying to withdraw the proceeds from that win. But unfortunately greed which involves lust makes it difficult for people to stop and instead they try to continue and in the end have to accept defeat and previous wins are lost.

There is no way to recover losses in gambling and otherwise we are unlucky at that time. What we should do is stop and continue gambling the next day. That's why we need to approach gambling responsibly so that we don't experience huge losses after getting a few wins.
Withdrawal of winnings is one of the most common challenge of a certain gambler because you cant really be able to make yourself not to think that what if you would be able to win up more bigger?
What if you are still having that luck with that next roll or bet?. For sure these would really be things that would come up into your mind on the time that you would be finding yourself on a winning situation and since human beings do loves money and when greed kicks in then this is the hardest part to control and tell to yourself that you should stop and make cherish of those winnings that you have got.
The main issues of gamblers is that they do become that extremely greedy on the moment that they are on the situation that they are winning. They cant really just that be able to stop and cant really be able to secure those winnings but rather they would really be losing it back into the house or gambling platform again on which this would really be a never ending cycle for gamblers all the time.

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May 06, 2024, 09:01:27 PM
 #540

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?

If you lose in gambling, you basically had to accept that the odds were stacked against you mathematically from the outset and it was a near inevitability that you would lose. Given enough time and if you keep on playing, you will eventually lose all money to the house. It leads back to the obvious, Vegas was a town built from people losing money and they have some of the most extravagant buildings and shows ever created - hell they are so confident that you'll hand over everything they'll even give you free drinks as you play, as those drinks cost a tiny fraction compared to what a regular player will end up losing. People have a nasty habit of chasing losses as well, which can often compound the problem.

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