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Author Topic: If we lose in gambling, what do we need to do?  (Read 3457 times)
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May 06, 2024, 04:42:44 PM
Last edit: May 06, 2024, 05:05:13 PM by Accardo
 #541

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
 #542

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
 #543

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
 #544

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
 #545

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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May 07, 2024, 02:07:32 AM
 #546

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.
Man, gambling's a wicked drug. It disrupts thinking. People expect to make a quick buck, but the losses hook them. Loss aversion is innate—we hate losing more than winning. You lose money, and the emotion comes. Biology, not weakness. The "chasing your losses" strategy is doomed. The ugly truth is that the house always wins. Understanding this system is the first step to getting out of that hole, which is hard. You must recognize trends and set restrictions. Gamble is amusement with a cost. It doesn't make money fast

Fighting any addiction is hard. Work and support are needed. We must feel for those struggling
Gambling can indeed disturb our thinking, with us ourselves having an alibi and purpose for the gambling we do, if the aim is wrong, it is very possible that it can influence our thinking to become messy, such as wanting to continue gambling because we want to win, which is the goal of most people. who gambles is to win. The defeat that occurred made them want revenge, with the main goal, I'm sure, being to make a quick profit, so that when the money they bet on was lost they couldn't accept that.
with the fact that the house always wins, in my opinion it is not a bad reality, because it is already a decision that will happen, with players who only play hoping for a profitable win, they are not aware of the risk of loss or losing money which is certain, there may be some gamblers who are aware of this, but it can still be defeated by the thoughts of those who want to get a profitable win, so they still insist on gambling. I agree with what you said, friend, gambling cannot make money quickly and is uncertain.

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May 07, 2024, 05:16:23 AM
 #547

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.
A gambler must always know when to draw the line even in the middle of a winning streak as much as it's also important to know when to draw the line in the middle of a losing spree.
A lot of people of who loses more often in gambling are mostly those who do not know when to take a break, it's not as if they don't win more often, they do but for somewhat reason, they still gamble away their wins with hopes of winning more, and after they've lost their wins for the day, some go home with nothing but regrets, while some decide to chase the loses, I believe we already know how the both stories would end.

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May 07, 2024, 06:08:29 AM
 #548

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.
That's what the casinos want you to have as a mindset, always chasing losses because with more losses means that you're going to get more desperate and those people have the worst skills of them all since they can't think straight and they don't know how to stop, they're the reason why casinos are still such a good business to go into, the money will come to you and all you need is proper management, enjoyable hospitality, and the right connections. It's easy to say that you can stop whenever you're losing too much but you've got to understand that you're going to need more than the talk that you can stop whenever you want, you're going to also need to have the discipline to do it, without it, you're just never going to get your life going.



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May 07, 2024, 07:01:21 AM
 #549

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.

You have a point when you say that, but the problem is that most people are just stubborn and don't know how to listen to what some say honestly. The others don't stop immediately because this is often done by some who are still trying to chase the amount of what they have already lost.

It's really very simple: when you're really caught playing, you should stop first, and what some say is right: just come back another day, and maybe on that day you might get lucky. It's like that in gambling: there are days when we are lucky and there are days when we are unlucky.



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May 07, 2024, 08:27:39 AM
 #550

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?

The best way forward is of course stop or control it.

It's similar to alcohol in a way.

What would you do after a massive hangover?

You could quit, or you could try to control it.

Most addicted people though will continue with the same behavior.

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May 07, 2024, 10:10:38 AM
 #551

You have a point when you say that, but the problem is that most people are just stubborn and don't know how to listen to what some say honestly. The others don't stop immediately because this is often done by some who are still trying to chase the amount of what they have already lost.

It's really very simple: when you're really caught playing, you should stop first, and what some say is right: just come back another day, and maybe on that day you might get lucky. It's like that in gambling: there are days when we are lucky and there are days when we are unlucky.
Those who can't listen to advice from other people when gambling, of course they have placed very high hopes on the bets they play, so when someone gives them good advice, they won't accept it, they don't even listen to the advice that other people give. as you said, they only think about getting back the defeat they have experienced and it is very unlikely that they can get it.
If we can refrain from gambling as you say, we certainly won't experience greater losses and very few people can do that if they are already addicted to gambling.

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May 07, 2024, 01:12:12 PM
 #552

The best way forward is of course stop or control it.

It's similar to alcohol in a way.

What would you do after a massive hangover?

You could quit, or you could try to control it.

Most addicted people though will continue with the same behavior.
That's good if they can stops playing gambling or controls it. But as we knows that's difficult for many people to directly stops their gambling activity, especially if they still curious with the gambling games they played. When they becomes deeper in gambling, no one can stops them from playing gambling and they will not listens to anyone suggests them to stops gambling. They will only keeps playing gambling because they still wants to wins the games no matter if they use more money. Most addicted people to gambling will continues with what they did before even if they already lose some money. If they can thinks clear after they lose some money, they will see that they don't have more chances to wins the games and they must stops from playing gambling to save their money and avoids losing all of their money.

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May 07, 2024, 01:35:37 PM
 #553

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.


The majority of those gamblers that act in such a manner are well informed about gambling; the problem they have is ignorance, and there's a saying that "ignorance is a disease." For some people that I know to have such character, they are people who wholeheartedly see gambling as an occupation, and they don't even have any serious job that they are doing to earn a living apart from depending on gambling every day as their source of income. Which is what makes me think that people with such a gambling lifestyle are mostly those who rely on gambling for survival. 

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May 07, 2024, 01:54:09 PM
 #554

You have a point when you say that, but the problem is that most people are just stubborn and don't know how to listen to what some say honestly. The others don't stop immediately because this is often done by some who are still trying to chase the amount of what they have already lost.

It's really very simple: when you're really caught playing, you should stop first, and what some say is right: just come back another day, and maybe on that day you might get lucky. It's like that in gambling: there are days when we are lucky and there are days when we are unlucky.
Those who can't listen to advice from other people when gambling, of course they have placed very high hopes on the bets they play, so when someone gives them good advice, they won't accept it, they don't even listen to the advice that other people give. as you said, they only think about getting back the defeat they have experienced and it is very unlikely that they can get it.
If we can refrain from gambling as you say, we certainly won't experience greater losses and very few people can do that if they are already addicted to gambling.
A punishment is still more useful than a sincere advice, what I mean is if someone has lost and keeps starting a game with the mindset of getting back into gambling, we should let them continue to be more aggressive than the losses, assets will always have a limit, once the limit is activated, they will realize that losing once in gambling is not as scary as thinking about that loss and trying to regain their regrets. A few times like this will help the gambler realize the right path, staying alert will be the result for many people but falling into hell and trying to fight back is also another direction.

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May 07, 2024, 03:15:06 PM
 #555

....

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.

setting a budget limit for gambling is one of the most basic things in gambling, but most gamblers ignore this important thing and choose to gamble for fun without limits. this will be a problem because when the gambler loses and they become stressed they spend all their money on gambling, and so repeat it every day, it will become a habit that will destroy the gambler's life sooner or later.

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May 07, 2024, 03:18:26 PM
 #556

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.


The majority of those gamblers that act in such a manner are well informed about gambling; the problem they have is ignorance, and there's a saying that "ignorance is a disease." For some people that I know to have such character, they are people who wholeheartedly see gambling as an occupation, and they don't even have any serious job that they are doing to earn a living apart from depending on gambling every day as their source of income. Which is what makes me think that people with such a gambling lifestyle are mostly those who rely on gambling for survival. 

Yes this is the main problem that most gamblers have where they treat gambling seriously but not based on a true understanding of how gambling really is, and as you said the saying goes that something done without knowledge is a disease, on the other hand I realize that someone has to try it first to be able to have knowledge of something they experience, But that is something else that is out of the context of gambling, because the name gambling is clear that there is absolutely nothing to learn when you lose, because after all, the name of victory always depends on luck, so when you lose it doesn't mean you made a mistake but you are away from luck.

Most gamblers like this are those who come with the intention and purpose of earning which I might say that they are losers who usually only want to win but are not ready to face losing situations, they try to make an activity as a job that will provide income, that's not wrong but the mistake is that they put their dedication in a place that does not make sense to make a place to earn, because in the end it is clear that instead of earning but they suffer a lot of losses.

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May 07, 2024, 03:40:36 PM
 #557

Before we start gambling we have a plan that we will win by gambling but when we plan to win then we have to plan for profit as well as plan for loss. Because where there is profit there must be loss so gambling decisions cannot be made by focusing only on profit. If we don't decide to gamble by accepting that there may be profit or loss and if our money is lost at one stage of gambling then we have to be patient and decide to take another gamble at a later stage but with a cool head. One more piece of advice I would like to add when it comes to gambling is that you should never gamble with your own money at all.  If you gamble by dividing your entire money into several parts, you will see that even if you lose by gambling, you will have more money to gamble with later.

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May 08, 2024, 03:38:41 AM
 #558

You have a point when you say that, but the problem is that most people are just stubborn and don't know how to listen to what some say honestly. The others don't stop immediately because this is often done by some who are still trying to chase the amount of what they have already lost.

It's really very simple: when you're really caught playing, you should stop first, and what some say is right: just come back another day, and maybe on that day you might get lucky. It's like that in gambling: there are days when we are lucky and there are days when we are unlucky.
That is true, if you are feeling like you are doing something wrong, or if the results are not the way you want, then you should just stop gambling for the day, doesn't mean that you should come back very next day, sometimes it takes longer than that, and you should consider how you could get better and better with time. I hope that we could see the situation changing eventually, but there is nothing that can be done with the results we have.

I believe that if you could wait like a whole week, that would be even better because by that time you will start to basically not care about the previous results and when you start to gamble again, you will not be able to actually get any worse or better, because you will not care, that's how it works on the long run.

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May 08, 2024, 05:36:44 AM
 #559

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?

The best way forward is of course stop or control it.

It's similar to alcohol in a way.

What would you do after a massive hangover?

You could quit, or you could try to control it.

Most addicted people though will continue with the same behavior.
Yes, of course it good, but can it be easily done or determined by all gamblers, I would answer no because gambling addiction is problem that really cannot be solved easily and quickly.
If equate it with someone who is addicted to alcohol then it can indeed be said that they are both addicted, but on the other hand the algorithms for the two are very different.
When drunk is really drunk, they will lose consciousness and they will also feel dizzy or even sleep unconscious, making it impossible to continue again.
But for gambling addicts, as long as they still have money and even though they have suffered big losses, they will continue to gamble because they feel there is support to continue betting and get back the money they have lost.
Even when they run out of money, they can still try by borrowing money or selling valuables, so quitting gambling addiction or after big loss is not as easy as quitting when drunkard is very drunk.
It all depends on each individual awareness and of course we all know what the awareness of gambler and drunkard is, the difference here is quite significant.

I think they will only stop when they really don't have any money, valuables or even no one who believes in lending money, but there are also some who turn to criminal activities to get money.
Problem of gambling addiction causes many negative impacts and this is the reason why every gambler should be able to control themselves and always have clear mindset regarding decisions, attitudes and approaches.

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May 08, 2024, 09:04:48 AM
 #560

A gambler must always know when to draw the line even in the middle of a winning streak as much as it's also important to know when to draw the line in the middle of a losing spree.
A lot of people of who loses more often in gambling are mostly those who do not know when to take a break, it's not as if they don't win more often, they do but for somewhat reason, they still gamble away their wins with hopes of winning more, and after they've lost their wins for the day, some go home with nothing but regrets, while some decide to chase the loses, I believe we already know how the both stories would end.
The step we need to take is to stop no matter how much we want to win big. We still can't be greedy. Sometimes being greedy can result in bad luck in the end because you lose everything, know that winning big is very difficult to get. So we have to accept whatever wins we get without we need to chase more, as well as losses, we must not chase losses too much, we must be able to control our thoughts so that we don't get too involved in gambling and we must know when to stop gambling and rest, the more you experience big losses, the more restless your mind will be. So before the losses get bigger, it's better to stop immediately and take a break.

We can do it again tomorrow with a calmer mind and we shouldn't think about defeats before, let alone try to chase them because that will make a person uncontrollable and someone can lead to gambling addiction, someone who experiences defeat is indeed disappointed in his heart but this doesn't mean that disappointment can control our minds and be careless when gambling, so we have to accept that if we lose, that's the risk.

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