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Author Topic: If we lose in gambling, what do we need to do?  (Read 4161 times)
stomachgrowls
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May 31, 2024, 07:59:29 PM
 #741

Losing a lot of money isn't fun, so stop when you're in that situation. If you can take that and you have a deep pocket, then there is no problem doing it.

If you want to keep on going then you do your own thing but don't deny that people have reminded you that, when you're in deep losses and it's stressing already, you have to stop.

But if you want to proceed, do it with caution because it's no longer fun when you're losing and then there's another series of it.

Right words.
I guess OP just need to be able to admit that hus lost. This is normal, and sometimes the ability to admit it is a victory. Victory over oneself, which in fact is often the heaviest but most valuable prize in the world of gambling.

Probably someone will say that according to mathematics, after many losses, the chance of winning something greatly increases. But I think this is a really bad argument in a dispute with myself. Again, I advise to OP to just accept that gambling turned out to be not profitable and leave this occupation.
I am writing from my own experience.
That's crazy when someone believes on that about having a lot of losses, you will now have bigger chance of winning.

The chances won't change and it is constant but you can't just know until you try it. Maybe the casinos are the source about that and they've told about it and it's not just all about Mathematics and statistics.

But, it's always been the best to stop if you are total loss. No reason to continue for that day, I know it's hard and the situation wants you to recover but better to quit.
Just let those people believe on what are on the things that they do have in mind on which on the moment that they would really be having those decision and letting them be able to realize that they were wrong at the end. lol Trying out to believe that after all the wrong ideas into their mind would really be something that would really be a huge lesson for them at the end. This isnt how gambling works on which on the moment that you would be keeping on piling your loses then it would really be continuing and doesnt matter if you have already lost that much or not. It would really be always according on how lucky you would be at the moment that you would be playing and this is something which cant really be known and something that cant really be guaranteed.

Ths is why at the moment that you would really be able to experience loses then it would really be that wise that you should really know on when to make yourself be able to stop.
On the moment that you would really be losing that control then it would really be putting you up on a certain situation which it could potentially destroy your life when it comes to finances
and this is why you should really be that careful.

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May 31, 2024, 08:16:32 PM
 #742

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?
Stopping gambling is the right decision when you have suffered consecutive losses. There is no point in continuing to place bets with the aim of covering previous losses because at the end of the game we will definitely have to come out with a loss. Many people think that the losses incurred at the beginning of the game round will be covered at the end of the game if they continue to persist, but in fact this is very We have little chance of winning in gambling, especially if luck is not on our side.

Well said. Taking a break after a loss is one of the best decision made by any gambler which gives him time to refresh again and not bound by losses. I believe that every gambler have a risk tolerance level, of which losses that the gambler is willing to incur is limited, and there is room to quit, understanding the fact that there is always another day. Provided the gambler is still acting within his level in line with the money allocated for gambling that day, I don't see it as a bad idea for him to keep gambling till exhaustion.
In essence aligning with our set rules, risk tolerance level,  moderation and discipline will always shade us from undesirable situations in gambling.

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boyptc
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May 31, 2024, 08:28:01 PM
 #743

That's crazy when someone believes on that about having a lot of losses, you will now have bigger chance of winning.

The chances won't change and it is constant but you can't just know until you try it. Maybe the casinos are the source about that and they've told about it and it's not just all about Mathematics and statistics.

But, it's always been the best to stop if you are total loss. No reason to continue for that day, I know it's hard and the situation wants you to recover but better to quit.
Just let those people believe on what are on the things that they do have in mind on which on the moment that they would really be having those decision and letting them be able to realize that they were wrong at the end. lol Trying out to believe that after all the wrong ideas into their mind would really be something that would really be a huge lesson for them at the end. This isnt how gambling works on which on the moment that you would be keeping on piling your loses then it would really be continuing and doesnt matter if you have already lost that much or not. It would really be always according on how lucky you would be at the moment that you would be playing and this is something which cant really be known and something that cant really be guaranteed.

Ths is why at the moment that you would really be able to experience loses then it would really be that wise that you should really know on when to make yourself be able to stop.
On the moment that you would really be losing that control then it would really be putting you up on a certain situation which it could potentially destroy your life when it comes to finances
and this is why you should really be that careful.
We can't do anything with that if they're going to realize it at the end that they're wrong with it.

They can believe whatever they want to believe and if they think that they have more chance of winning after losing big. I've been there and done that, so it's best to just stop and analyze if it still makes sense.

If so, having this mindset will make them positive at most times but that being positive in a negative sense.

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May 31, 2024, 08:47:08 PM
 #744

Well said. Taking a break after a loss is one of the best decision made by any gambler which gives him time to refresh again and not bound by losses. I believe that every gambler have a risk tolerance level, of which losses that the gambler is willing to incur is limited, and there is room to quit, understanding the fact that there is always another day. Provided the gambler is still acting within his level in line with the money allocated for gambling that day, I don't see it as a bad idea for him to keep gambling till exhaustion.
In essence aligning with our set rules, risk tolerance level,  moderation and discipline will always shade us from undesirable situations in gambling.

Imo having a break after losses just the best idea , because as a human whenever we are making losses we will began to lose our composure, and our emotions will gradually start to overwhelm us . And  doing such moment the chances of making more losses is pretty high because, the gambler will no longer be thinking straight again he or she will start taking reckless risk inorder to hit the jackpot and get back what they have loss.

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May 31, 2024, 09:35:19 PM
 #745

Well said. Taking a break after a loss is one of the best decision made by any gambler which gives him time to refresh again and not bound by losses. I believe that every gambler have a risk tolerance level, of which losses that the gambler is willing to incur is limited, and there is room to quit, understanding the fact that there is always another day. Provided the gambler is still acting within his level in line with the money allocated for gambling that day, I don't see it as a bad idea for him to keep gambling till exhaustion.
In essence aligning with our set rules, risk tolerance level,  moderation and discipline will always shade us from undesirable situations in gambling.

Imo having a break after losses just the best idea , because as a human whenever we are making losses we will began to lose our composure, and our emotions will gradually start to overwhelm us . And  doing such moment the chances of making more losses is pretty high because, the gambler will no longer be thinking straight again he or she will start taking reckless risk inorder to hit the jackpot and get back what they have loss.
On the moment that you would really be losing then you would really be on such condition that you would really be having that kind of mindset that you should really be playing more for you to be able to recover those loses on which this is really that a very wrong mindset to have. At the moment that you do find yourself on such condition then moderation or control would really be that hard.
This is why gamblers do really loses up even more money just because they do lose control and this is something that you should really be needing up to consider because if you do find yourself that being too impulsive and aggressive in gambling then sooner or later you would be finding yourself that sleeping on the streets. Is this something that you would like to happen? For sure you wont.

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June 01, 2024, 09:24:11 PM
 #746

You can show people who have not lost at gambling, have succeeded at all gembling. Gambling is like a deadly addiction, the more you gamble the more you become addicted to winning and the more you fail over and over again. With the rise of online gambling platforms, we see many people around who are more interested in gambling, because these platforms are secret among everyone, even those i could not imagine that the person who cannot gamble he is also gambling. If you lose gambling, you will definitely have to quit gambling, you may even go to the point where you will be forced to sell your important assets to recover the lost money, making the future life even worse.

Every body have a choice of what they love and what they dislike and if gambling is what someone have chosen as their best activities and there's no crime in it. People have been gambling even before the online casinos was built and the popularity of online casinos doesn't make it any secret to gamble. Even if someone chose to gambler secretly on the online casino, it is not a bad thing. Gambling is not develop so that people can keep making money with it, gamblers are supposed to take gambling as fun and also a means to earn small money, they are not supposed to take is as a complete means to earn money.

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June 01, 2024, 09:47:25 PM
 #747

Well said. Taking a break after a loss is one of the best decision made by any gambler which gives him time to refresh again and not bound by losses. I believe that every gambler have a risk tolerance level, of which losses that the gambler is willing to incur is limited, and there is room to quit, understanding the fact that there is always another day. Provided the gambler is still acting within his level in line with the money allocated for gambling that day, I don't see it as a bad idea for him to keep gambling till exhaustion.
In essence aligning with our set rules, risk tolerance level,  moderation and discipline will always shade us from undesirable situations in gambling.

Imo having a break after losses just the best idea , because as a human whenever we are making losses we will began to lose our composure, and our emotions will gradually start to overwhelm us . And  doing such moment the chances of making more losses is pretty high because, the gambler will no longer be thinking straight again he or she will start taking reckless risk inorder to hit the jackpot and get back what they have loss.
On the moment that you would really be losing then you would really be on such condition that you would really be having that kind of mindset that you should really be playing more for you to be able to recover those loses on which this is really that a very wrong mindset to have. At the moment that you do find yourself on such condition then moderation or control would really be that hard.
This is why gamblers do really loses up even more money just because they do lose control and this is something that you should really be needing up to consider because if you do find yourself that being too impulsive and aggressive in gambling then sooner or later you would be finding yourself that sleeping on the streets. Is this something that you would like to happen? For sure you wont.
The rush to play vigorously with your betting is actually triggered by lose and as a gambler who doesn't know how to control this loses then I can just simply say you are definitely one step closer to your doom because nothing ever comes out good from a gambler that doesn't know how to thought control their losing thirst because at the instances of you losing the only thing that takes place in our thought is that we can always get the funds back which is a very big lie that some gamblers tell themselves and sometimes if you are not careful you get to even loan some stuffs to continue chasing the loses , so what I advice in Gambling is that whenever you gamble and you lose always accept it wth Good faith.

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June 01, 2024, 10:08:36 PM
 #748

Well said. Taking a break after a loss is one of the best decision made by any gambler which gives him time to refresh again and not bound by losses. I believe that every gambler have a risk tolerance level, of which losses that the gambler is willing to incur is limited, and there is room to quit, understanding the fact that there is always another day. Provided the gambler is still acting within his level in line with the money allocated for gambling that day, I don't see it as a bad idea for him to keep gambling till exhaustion.
In essence aligning with our set rules, risk tolerance level,  moderation and discipline will always shade us from undesirable situations in gambling.

Imo having a break after losses just the best idea , because as a human whenever we are making losses we will began to lose our composure, and our emotions will gradually start to overwhelm us . And  doing such moment the chances of making more losses is pretty high because, the gambler will no longer be thinking straight again he or she will start taking reckless risk inorder to hit the jackpot and get back what they have loss.
On the moment that you would really be losing then you would really be on such condition that you would really be having that kind of mindset that you should really be playing more for you to be able to recover those loses on which this is really that a very wrong mindset to have. At the moment that you do find yourself on such condition then moderation or control would really be that hard.
This is why gamblers do really loses up even more money just because they do lose control and this is something that you should really be needing up to consider because if you do find yourself that being too impulsive and aggressive in gambling then sooner or later you would be finding yourself that sleeping on the streets. Is this something that you would like to happen? For sure you wont.
The rush to play vigorously with your betting is actually triggered by lose and as a gambler who doesn't know how to control this loses then I can just simply say you are definitely one step closer to your doom because nothing ever comes out good from a gambler that doesn't know how to thought control their losing thirst because at the instances of you losing the only thing that takes place in our thought is that we can always get the funds back which is a very big lie that some gamblers tell themselves and sometimes if you are not careful you get to even loan some stuffs to continue chasing the loses , so what I advice in Gambling is that whenever you gamble and you lose always accept it wth Good faith.

Exactly, that's some nice point mate, nothing ever comes out good from gamblers that doesn't know how to their Losing thirst. Because this is really common in most gamblers, they always think they can get back all their losses they made from a certain gambling section by gambling continuation, without not knowing when to stop .

Such manner is really bad when it comes to gambling, it will only land you to your doom just as DaNNy001 said . And same time lead to more losses and with big regrets. So to avoid such , always know when to stop and always try and minimise yah losses. So Is better to settle for less than to have none .

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June 01, 2024, 11:19:42 PM
 #749

There are two things involved in gambling and they are winning and losing and a responsible gambler must know these things in mind before even going to the gambling hall and all his prayers should be God should give the luck to win and not to lose and in the process if he lose then he will take it as a faith and sober about it and if he wins then will be Happy. And those who see casinos or gambling has a means of earning money, have the wrong motive though some some still does and all their plans is to win every day which is not possible.

There should be self control in gambling so that when you lose you can control yourself and console it then move on. And not to transgress anger to another gamblers who are also like you looking for their daily bread.

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June 02, 2024, 12:50:45 AM
 #750

Since you don't have much. You better stop and just consider a sure win like getting a job and maybe a second job.

You won't miss anything in gambling or in the casino since you are not hooked into it yet I presume since you ask this question. The best you can do is just focus on where you are good at because that's what normal people do and quit gambling while you haven't lost thousands yet.
Losing is a must in gambling, but that is not the end because there are chances and the need to re-strategies and devise another means to gamble. There are virtually set of individuals who will lose in gambling and will continually gamble also thereby turning to addicts. life they said is full of risk and gambling is also associated with risk, however losing is certain but the only way to avoid severe losses is to be patient enough to re-strategies and make a good decision. so, when you lose i advise you to quit for a while and think of the possible opportunities to gamble and also know that gambling is not a do or die affairs and also know that gambling is a game of luck and dont try to envy another person because he or she is winning and you decide to immitate them and that will render you cashless and an addict.

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June 03, 2024, 07:39:51 AM
 #751

~snip~
Losing is a must in gambling, but that is not the end because there are chances and the need to re-strategies and devise another means to gamble. There are virtually set of individuals who will lose in gambling and will continually gamble also thereby turning to addicts. life they said is full of risk and gambling is also associated with risk, however losing is certain but the only way to avoid severe losses is to be patient enough to re-strategies and make a good decision. so, when you lose i advise you to quit for a while and think of the possible opportunities to gamble and also know that gambling is not a do or die affairs and also know that gambling is a game of luck and dont try to envy another person because he or she is winning and you decide to immitate them and that will render you cashless and an addict.

It doesn't really matter if you wait one second or one year to place the next bet. The odds are going to be the same.

And probably it will be worse in the future as most casinos tend to increase the difficulty of their games over time.

For example, the roulette used to not have the double zero, which decreases your chances to win.

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June 03, 2024, 09:18:17 AM
 #752

There should be self control in gambling so that when you lose you can control yourself and console it then move on. And not to transgress anger to another gamblers who are also like you looking for their daily bread.
This should have been their provision from the start before playing gambling, make sure that we can control ourselves from emotions and other feelings of disappointment, gamblers are rarely aware of the risks they take in gambling, they should also know about this apart from the profits. They must be prepared for all the risks, namely defeat and failure. When they experience defeat, they should be able to calm down, that's why as a gambler, you should use money that is ready to be lost so as not to make us feel emotional and curious.

The most important thing that must be instilled by gamblers is never to think that gambling can make you rich quickly, but also that gambling can make you poor or bankrupt quickly, they must be more aware of the risks compared to the benefits, if that could be done, every gambler would definitely play very carefully and use money that is ready to be lost so that when you lose you can move on quickly and look for another hobby so you can get rid of the feeling of disappointment when you lose at gambling. after all, it's not good to vent your emotions on other people.

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June 03, 2024, 10:08:31 AM
 #753

Since you don't have much. You better stop and just consider a sure win like getting a job and maybe a second job.

You won't miss anything in gambling or in the casino since you are not hooked into it yet I presume since you ask this question. The best you can do is just focus on where you are good at because that's what normal people do and quit gambling while you haven't lost thousands yet.
Losing is a must in gambling, but that is not the end because there are chances and the need to re-strategies and devise another means to gamble. There are virtually set of individuals who will lose in gambling and will continually gamble also thereby turning to addicts. life they said is full of risk and gambling is also associated with risk, however losing is certain but the only way to avoid severe losses is to be patient enough to re-strategies and make a good decision. so, when you lose i advise you to quit for a while and think of the possible opportunities to gamble and also know that gambling is not a do or die affairs and also know that gambling is a game of luck and dont try to envy another person because he or she is winning and you decide to immitate them and that will render you cashless and an addict.
There are days when one's prediction in gambling works so well and they hardly lose in the bets while some days they find it so difficult to win any bet. I think in gambling we should try to know when things don't go out so well for us and quit gambling immediately at least for that day. Because if we continue, we would end up losing all our money in the bet. I have noticed this kind of things when i gamble. Some days i don't really speculate much i just do some picks and stake a bet and luckily i win some money. Since i have come to understand this instances, anyway i place a bet and maybe i lot for three consecutive times serially. I won't continue for that day, it's better to call it a day and il try another day when there is a good omen.

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June 03, 2024, 03:40:39 PM
 #754

Since you don't have much. You better stop and just consider a sure win like getting a job and maybe a second job.

You won't miss anything in gambling or in the casino since you are not hooked into it yet I presume since you ask this question. The best you can do is just focus on where you are good at because that's what normal people do and quit gambling while you haven't lost thousands yet.
Losing is a must in gambling, but that is not the end because there are chances and the need to re-strategies and devise another means to gamble. There are virtually set of individuals who will lose in gambling and will continually gamble also thereby turning to addicts. life they said is full of risk and gambling is also associated with risk, however losing is certain but the only way to avoid severe losses is to be patient enough to re-strategies and make a good decision. so, when you lose i advise you to quit for a while and think of the possible opportunities to gamble and also know that gambling is not a do or die affairs and also know that gambling is a game of luck and dont try to envy another person because he or she is winning and you decide to immitate them and that will render you cashless and an addict.
There are days when one's prediction in gambling works so well and they hardly lose in the bets while some days they find it so difficult to win any bet. I think in gambling we should try to know when things don't go out so well for us and quit gambling immediately at least for that day. Because if we continue, we would end up losing all our money in the bet. I have noticed this kind of things when i gamble. Some days i don't really speculate much i just do some picks and stake a bet and luckily i win some money. Since i have come to understand this instances, anyway i place a bet and maybe i lot for three consecutive times serially. I won't continue for that day, it's better to call it a day and il try another day when there is a good omen.
I have experienced this on this matter. When betting favors you win the bets you place and when fortune works against you you lose everything. I think this kind of situation doesn't happen only to me. Not every day is the same for those who gamble. If gamblers can take a break after making some guesses about their situation in advance, their chances of losing can be greatly reduced. But some gamblers' antics prompt them to keep betting until their entire bankroll is depleted. A gambler should avoid becoming addicted to gambling. And when a gambler cannot take a break from gambling then he is definitely addicted. Taking a break may lead the gambler to make the right decisions but continuous gambling will lead him to certain losses.

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June 03, 2024, 03:56:01 PM
 #755

~
There should be self control in gambling
~
This phrase alone is enough... I guess. Smiley

Anyway, having self control when we are gambling is very easy to say, but the reality is, it's very hard to apply to ourselves. I still remember the time when I gambled, and I doubled my money already. I decided to withdraw my initial capital and decided to gamble using my profits. I lost those profits, and since I can't control myself and I want to recover those losses, I deposited my initial capital, and in the end, I also lost that money. This is the reason why I learn when to stop if needed especially when we are losing money. Recovering your losses might lead you to more losses. Borrowing money to recover your losses is even worse.

If you lose your money, learn to move on and move forward. That's the best thing to do. Smiley

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June 04, 2024, 07:52:58 AM
 #756

~snip~
This phrase alone is enough... I guess. Smiley

Anyway, having self control when we are gambling is very easy to say, but the reality is, it's very hard to apply to ourselves. I still remember the time when I gambled, and I doubled my money already. I decided to withdraw my initial capital and decided to gamble using my profits. I lost those profits, and since I can't control myself and I want to recover those losses, I deposited my initial capital, and in the end, I also lost that money. This is the reason why I learn when to stop if needed especially when we are losing money. Recovering your losses might lead you to more losses. Borrowing money to recover your losses is even worse.

If you lose your money, learn to move on and move forward. That's the best thing to do. Smiley

It's just math in the end. Probabilities.

Odds are against you, so only in the rare case where you have more money than when you started gambling, you should stop, because that is rare and will most likely correct itself the more you play.

Long term gambling is a sure way to lose all your betting money.

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June 04, 2024, 05:19:06 PM
 #757


Accept and move forward if you failed and lose that such amount and if luck permits you to win, you also need to have that will to stop and quit, better to have both side as you'll enjoy more if you know and understand on how you will work with your gambling participation, not just for the losing side as it will be a repeated outcome, but instead, better to have that capability to control and take that hard stop when you have the opportunity to enjpy your win.

Though it's not that always for you to experience the win, the very reason to have that limit to make sure that you also bring enjoyment as you have something to use to celebrate from your gambling earnings.

Sometimes we as people who play in a casino have many things clear, first we have to see that in a casino game whatever it is you have to accept the results, consider that casinos have their house advantage and that it is just a game, if you lose the best you can do is assume that loss and if you win however little it is and if you can withdraw that money you have to do it, that is the easiest way to see this, and that each game session is in the past, if I play today and I win or lose I assume it, and I forget about the previous action and play, it is like restarting so that previous events do not affect us in the play that is coming to us.

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June 04, 2024, 05:50:02 PM
 #758


There are days when one's prediction in gambling works so well and they hardly lose in the bets while some days they find it so difficult to win any bet. I think in gambling we should try to know when things don't go out so well for us and quit gambling immediately at least for that day. Because if we continue, we would end up losing all our money in the bet. I have noticed this kind of things when i gamble. Some days i don't really speculate much i just do some picks and stake a bet and luckily i win some money. Since i have come to understand this instances, anyway i place a bet and maybe i lot for three consecutive times serially. I won't continue for that day, it's better to call it a day and il try another day when there is a good omen.
I have experienced this on this matter. When betting favors you win the bets you place and when fortune works against you you lose everything. I think this kind of situation doesn't happen only to me. Not every day is the same for those who gamble. If gamblers can take a break after making some guesses about their situation in advance, their chances of losing can be greatly reduced. But some gamblers' antics prompt them to keep betting until their entire bankroll is depleted. A gambler should avoid becoming addicted to gambling. And when a gambler cannot take a break from gambling then he is definitely addicted. Taking a break may lead the gambler to make the right decisions but continuous gambling will lead him to certain losses.

That is the reason why gambling excessively is always not recommended and can never be justified, because this idea will ultimately only lead us to more significant losses in the long run. The reason I think is clear is that luck is something that we cannot always get, or what we mean by luck is something that does not always come according to our wishes, and this is why in gambling you can win but you can also lose.

But unfortunately the fact is that there are always some gamblers who always feel confident that they will be able to win in the next trial, and this feeling arises because they don't know the real fact that victory will only come when they are lucky or when luck comes at the right time. while everyone will never know when luck will come, so this is the reason why placing faith or hope in gambling is really an unreasonable mindset and idea. Because in the end, as you said, they will most likely lead themselves to addiction.

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June 04, 2024, 05:57:29 PM
 #759

Everything is your personal life because if you have money you can bet on gambling there even if we interfere you don't want to accept it. And whenever you lose, you bet again to get back the lost money. And when you win repeatedly you will bet on your dream of getting richer. In my opinion, if you don't have a job or business tjen stop gambling. Gambling requires money to bet so if you have a source of income then you can gamble as much as you want.

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June 04, 2024, 06:00:26 PM
 #760

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?

It should be clear with every bet you place and gambling session you enter, whether you are doing the right thing. If you are solely doing it for a bit of casual fun, as all gambling should be really (excluding professionals in things like poker), then you must understand that you are ultimately destined to lose all your money over the long run. Each game is engineered to take a small shred of your funds and give it over to the casino. They might tease and tantalize you, because they want the illusion of winning to stay fresh in your mind, but ultimately they will clear you out. So understanding that losing is the default and winning is unlikely ever to make you rich, is the foundation of the game you are playing.

R


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