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Author Topic: Question for those who loose too frequently in gambling  (Read 1606 times)
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November 24, 2023, 01:00:30 PM
 #281

I think the person really believes that after If you experience a big loss, there will definitely be a bigger win, so this is the factor that makes some people continue to want to place bets without caring about the size of the loss they experience because they are too obsessed with winning that will be bigger.

That is true. Many people believe that life is like zebra, black-white, good-bad, win-lose. That triggers them to place another bet, with a wish to win back a previously lost bet. And this is what destroys people, as I have seen many times that after a loss with most possible lowest odd, comes same loosing odd, even though a probability that it will happen is very low. The reason why people continue gambling after a series of losses is simple, repeated here million times and known to everyone - disability to resist greed.

The only time people lose their total bankroll is because they increase their bets to the point that it can be recovered by the remaining bankroll. Gambling is really 50-50 game which means no matter how terrible lose streak you encounter, there’s always a counter part winning streak to balance the game probability wise or else the game is rigged.

People continue to bet after losing because you will never experience winning if you stop at loss. The only problem is the bankroll management which many player failed to do that result massive loss.

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November 24, 2023, 11:04:51 PM
 #282


I do usually lost in gambling while my friends continually hit big I guess they are among the reason I still continue gambling but my current resolve is small stakes big odds. I don't really care how many times I lose but the day I finally hit it I'm gonna get it big. I don't see this unhealthy to me since I'm not addicted to gambling

You have two addictions here already. You are chasing your loses indirectly because since your friends are winning and you are not, that should have been enough reason for you to conclude gambling is not working for you or probably you know but you are waiting for when you will hit it big which is another part of addiction. Many gamblers are in these two traps, they want to recover their loses by hitting it big and stop but the more you wait to accomplish this desire the more you are losing to the house edge but I hope it will work for you, all the best on that.

Sometimes we can compare ourselves with others, but that kind of thing should not be done because everyone is a different person, we just have a friend because whether they win or not win is something we should not take into consideration to do, this is something we It varies a lot, sometimes they can play the right game at the right time and win, at some point the person who doesn't win will never have a good win, what has to be done is improve certain behaviors they have in the game, I don't know if the person It is the one who sets a budget willing to lose, or do I know if the person when playing does it under pressure with a lot of stress, because if so, it is very difficult to win, there is no better way than playing first to have fun and second to win money, because motivation and good faith or positivism must be had, it is something that we should not lose, but do it on the ground, not with castles in the air, we, as people who are usual, must know that the casino is another thing.

A casino is not an ATM at all, a casino was created, it was first invented to give people enjoyment, to have fun, or for people to have a different time, and obviously those who own the casino built it because they know that it is a business, a great company where they can always have very good income and in addition that is what they are looking for, I don't blame everyone wanting to win, it's a mess, if we ourselves as players don't give ourselves courage, who will? Furthermore , in a casino you can win, knowing that there is the advantage of the casino, which is something that is always there, apart from the players who are aware of what the casino system is like, because apart from everything a person must have a lot of maturity To face things as they are, I am one of those who think that in a casino you must have a lot of maturity to be able to fully enjoy what a casino offers.

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November 24, 2023, 11:28:10 PM
 #283

Bayern are looking forward to sign Tomiyasu. Look at what Arsenal coach Mikel Artera replied to them. Mikel Bayern-linked Takehiro Tomiyasu. “I really want him to stay. I value [him] a lot. He's loved and respected by everybody at the club. He's at the level we need to make an impact on the team. He’s going to be with us.” It is obvious that Takehiro will remain with Arsenal and will renew his contract with the team for more years.

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November 24, 2023, 11:40:17 PM
 #284

You bet there are, there so many gamblers out there that still continues to gamble even after so much failures and losses. But where they draw their motivation is what I cannot say. I have a friend who uses one pattern of gambling, it's a very risky pattern that can hardly come by but he's just positive that one day it'll come through and make him rich, and that has always been his motivation, and shockingly he's been doing this every single day for almost 2 years now. So yes there are people who even after continuous losses they're still very persistent and still keep going on and on believing that one day it's going to pay off and make them rich.

The desire and hope to win big someday. That’s what would probably motivate anyone who gambles continuously despite having suffered a great deal of loss. There is always hope for a win and that’s enough to keep gamblers motivated to continue playing. Along the line, the tales of other people having success and winning big, of course would be added motivation to keep up hopes that it would be their turn someday.

Money is being spent continuously while hoping and playing for that big win. Money that may seem small and negligible when playing at the moment but accumulate all you’ve spent and you’ll see it’s not such a small amount.



Bayern are looking forward to sign Tomiyasu. Look at what Arsenal coach Mikel Artera replied to them. Mikel Bayern-linked Takehiro Tomiyasu. “I really want him to stay. I value [him] a lot. He's loved and respected by everybody at the club. He's at the level we need to make an impact on the team. He’s going to be with us.” It is obvious that Takehiro will remain with Arsenal and will renew his contract with the team for more years.

Wrong thread?  Huh

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November 25, 2023, 07:54:14 AM
 #285

There are loads of reasons why many continue gambling even after incurring losses, these reasons spans across the worlds of advantages and disadvantages, or simply put, positive and negative reasons. Amongst the reasons are motivation and passion, the need to chase one's life dreams through the available resources prospectively to be availed by these gambling platforms.

If someone is determined to achieve a thing, the techniques to be deployed is without limits until the goal is achieved, these class of people don't care about how many times they fail, they only have one word they understand 'success' and until they get there, you might be the only one seeing them as those who loose frequently

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November 25, 2023, 09:52:36 AM
 #286

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

I have interview alot of addicted gamblers when I was running a research program during my college years and I came to the conclusion that many individuals continue gambling as a result of the hope they have that one day, they'll be the lucky one and win like others. Apart from the feelings that comes from gambling and the emotions of revenging your lost money, many individual just keep on gambling based on hope that they'll be successful at the end.

The more they're seeing others winning, the more they believe that they can also win so they just keep gambling. Addiction also has a role it plays in gamblers betting without considering if they're doing the wise thing or not. For anyone that's frequently losing when gambling, it's better you stop as you're not doing yourself any good. You might never recover the amount of money you have lost so there's no point of wasting more money trying to be even.

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November 25, 2023, 10:40:05 AM
 #287

There are loads of reasons why many continue gambling even after incurring losses, these reasons spans across the worlds of advantages and disadvantages, or simply put, positive and negative reasons. Amongst the reasons are motivation and passion, the need to chase one's life dreams through the available resources prospectively to be availed by these gambling platforms.

If someone is determined to achieve a thing, the techniques to be deployed is without limits until the goal is achieved, these class of people don't care about how many times they fail, they only have one word they understand 'success' and until they get there, you might be the only one seeing them as those who loose frequently

I think the more reasonable reason for people who still continue to gamble despite losing a lot is because they come to make money, I think they assume that the big win will really happen, when on the other hand it's nothing more than a chance, the fact is not once or twice they lose and say such motivations to themselves, but it's always like that and there is no time limit, they think the winnings they will get will be able to cover all the losses in the previous time, my question is what makes you so sure that you will get the big win? What if it turns out that your winnings are very small and cannot cover all the losses in the previous time? it's very possible isn't it.

But on the other hand it will just waste their time and money, do they think that this is a process like achievement in business for success? no friend, gambling is always nothing more than something that depends on luck. Therefore, it is better to reduce it, after all, there is no guarantee whatsoever for you to be able to achieve great results, it's just your hopes and hallucinations.

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November 25, 2023, 10:46:42 AM
 #288

There are loads of reasons why many continue gambling even after incurring losses, these reasons spans across the worlds of advantages and disadvantages, or simply put, positive and negative reasons. Amongst the reasons are motivation and passion, the need to chase one's life dreams through the available resources prospectively to be availed by these gambling platforms.

It's very simple to handle, if you're loosing too frequent and you don't like about it, then try to know what are the possible causes to this, sometimes we may be lacking in some aspects of it and without us knowing, we need to evaluate the way we gamble, the techniques used and the kind of games we bet on to makes some changes from our own side if really we need to experience something different as well.

If someone is determined to achieve a thing, the techniques to be deployed is without limits until the goal is achieved, these class of people don't care about how many times they fail, they only have one word they understand 'success' and until they get there, you might be the only one seeing them as those who loose frequently

Not until we see the needs for that, we may only keep rotating on one side without having something new, we shouldn't gamble because we want to make more money, but we are being passionate about knowing the causes to why we often loose than winning.
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November 25, 2023, 11:11:39 AM
 #289


I do usually lost in gambling while my friends continually hit big I guess they are among the reason I still continue gambling but my current resolve is small stakes big odds. I don't really care how many times I lose but the day I finally hit it I'm gonna get it big. I don't see this unhealthy to me since I'm not addicted to gambling

You have two addictions here already. You are chasing your loses indirectly because since your friends are winning and you are not, that should have been enough reason for you to conclude gambling is not working for you or probably you know but you are waiting for when you will hit it big which is another part of addiction. Many gamblers are in these two traps, they want to recover their loses by hitting it big and stop but the more you wait to accomplish this desire the more you are losing to the house edge but I hope it will work for you, all the best on that.

Sometimes we can compare ourselves with others, but that kind of thing should not be done because everyone is a different person, we just have a friend because whether they win or not win is something we should not take into consideration to do, this is something we It varies a lot, sometimes they can play the right game at the right time and win, at some point the person who doesn't win will never have a good win, what has to be done is improve certain behaviors they have in the game, I don't know if the person It is the one who sets a budget willing to lose, or do I know if the person when playing does it under pressure with a lot of stress, because if so, it is very difficult to win, there is no better way than playing first to have fun and second to win money, because motivation and good faith or positivism must be had, it is something that we should not lose, but do it on the ground, not with castles in the air, we, as people who are usual, must know that the casino is another thing.

Yes, they must improve their behavior when playing by improving certain behaviors that can prevent them from losses that will occur. Such as self-control that always must be possessed so that they do not overplay, Because most of them are not willing to lose money due to gambling and then cannot accept the defeat that occurs so they have a sense of wanting to reverse the losses that have occurred which may cost them more money they have even though they set a budget limit for gambling.
The goal that a gambler should have is to gamble for thrills that can be made into fun or entertainment, and as you said that should be maintained not eliminated, if they lose that goal then they will become addicted to always getting defeated, and those who still continue to gamble even though they often lose, maybe they want a big win that can cover the losses that have occurred,  so in essence they want a reversal of their losses, but what they do is wrong and make their money run out in large amounts.
 
A casino is not an ATM at all, a casino was created, it was first invented to give people enjoyment, to have fun, or for people to have a different time, and obviously those who own the casino built it because they know that it is a business, a great company where they can always have very good income and in addition that is what they are looking for, I don't blame everyone wanting to win, it's a mess, if we ourselves as players don't give ourselves courage, who will? Furthermore , in a casino you can win, knowing that there is the advantage of the casino, which is something that is always there, apart from the players who are aware of what the casino system is like, because apart from everything a person must have a lot of maturity To face things as they are, I am one of those who think that in a casino you must have a lot of maturity to be able to fully enjoy what a casino offers.

True what you say, if the casino is not an ATM machine, and also not a money-making machine that can be confirmed, but it is only a machine that provides paid games, where money is the medium of exchange with a game trip that will give its own sensation to the players. Casinos are also a place for people who want to get pleasure for those who are stressed because of their work. but if they are addicted to it, in my opinion, it is not the casino's fault, but it is their own fault that they cannot control themselves when playing at the casino, to be honest, casinos can make someone become addicted which will be fatal, but if only they can control themselves and limit and realize the budget they have, maybe they will not become addicted, and in my opinion also casinos are established for the purpose of making profits from people who come and play at the casino, not to give money to everyone who plays it. It's just that many people misinterpret gambling, by making it the main income in life that makes them themselves addicted and harm themselves. There's nothing wrong with casinos providing paid games, it's just those who can't control themselves who have the main point of error. Although there are opportunities to win in casinos, but it does not guarantee that it is easy to get. So they should play with the aim of seeking pleasure not to make money let alone to be the main source of income, it is not recommended.

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November 25, 2023, 11:31:11 AM
 #290

I think the person really believes that after If you experience a big loss, there will definitely be a bigger win, so this is the factor that makes some people continue to want to place bets without caring about the size of the loss they experience because they are too obsessed with winning that will be bigger.

That is true. Many people believe that life is like zebra, black-white, good-bad, win-lose. That triggers them to place another bet, with a wish to win back a previously lost bet. And this is what destroys people, as I have seen many times that after a loss with most possible lowest odd, comes same loosing odd, even though a probability that it will happen is very low. The reason why people continue gambling after a series of losses is simple, repeated here million times and known to everyone - disability to resist greed.

The only time people lose their total bankroll is because they increase their bets to the point that it can be recovered by the remaining bankroll. Gambling is really 50-50 game which means no matter how terrible lose streak you encounter, there’s always a counter part winning streak to balance the game probability wise or else the game is rigged.

People continue to bet after losing because you will never experience winning if you stop at loss. The only problem is the bankroll management which many player failed to do that result massive loss.
Most gamblers are not just wise, they are in for the money without using their brains correctly. Imagine the gambler who has $200 as the only money he can afford to gamble with just bet the whole $200 at once. They often do this because they are senseless and particularly want to get sudden wealth through gambling. This is unfortunately not working for them and affecting them bitterly but all they could do in most cases is to cry foul. I believe that in everything we do, we should be wise and smart with it, and the smart gambler would rather have the $200 and plan better on it no matter how sure the games he is about to bet are.

Such might just divide that amount into 5 or 10 equal parts depending on the risk of the games he wants to bet. For the 10 parts, using $20 to bet per game is still a very good one, and if the person is consistent, then success would be made easily. But if the person loses, the fact that the money is not played at once would make it tough for him to lose the money easily. One mistake also will not be the end of the money, and who knows, the person might be lucky later to gain back those he had lost and the game continues like that without losing all the money easily at once.

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November 25, 2023, 11:43:26 AM
 #291

There are loads of reasons why many continue gambling even after incurring losses, these reasons spans across the worlds of advantages and disadvantages, or simply put, positive and negative reasons. Amongst the reasons are motivation and passion, the need to chase one's life dreams through the available resources prospectively to be availed by these gambling platforms.

If someone is determined to achieve a thing, the techniques to be deployed is without limits until the goal is achieved, these class of people don't care about how many times they fail, they only have one word they understand 'success' and until they get there, you might be the only one seeing them as those who loose frequently

I think the more reasonable reason for people who still continue to gamble despite losing a lot is because they come to make money, I think they assume that the big win will really happen, when on the other hand it's nothing more than a chance, the fact is not once or twice they lose and say such motivations to themselves, but it's always like that and there is no time limit, they think the winnings they will get will be able to cover all the losses in the previous time, my question is what makes you so sure that you will get the big win? What if it turns out that your winnings are very small and cannot cover all the losses in the previous time? it's very possible isn't it.

But on the other hand it will just waste their time and money, do they think that this is a process like achievement in business for success? no friend, gambling is always nothing more than something that depends on luck. Therefore, it is better to reduce it, after all, there is no guarantee whatsoever for you to be able to achieve great results, it's just your hopes and hallucinations.

More on your side, depending from how luck will back you and how long it will take before it happen, it's really something that most gamblers misinterpreted when they seek for money when playing,  that kind of hope which lingers inside them thinking that time will come and they will cash out decent amount of profits.

But yes, it's true  that the more you think that way the more chances that you will continue losing your money,  and like with what you are saying, what if you win a little amount that will not cover your previous loses,  chances that instead of quitting you will push and seek for more. End of the day, you will lose everything back.

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November 25, 2023, 11:50:59 AM
 #292

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?
Dissatisfaction, wanting to win big, trying to catch up with defeat and of course the ambition to demand that you not lose. Although everything still ends at the same point when unable to control what is in the game. Therefore, gambling also requires controlled management even though it is mostly entertainment because what is spent is money, which means management must be involved in it. Now regarding the motivation for returning to gambling, it is usually an inkling of the temptation of large multiples but he does not get it or is also motivated by people out there who have succeeded in making big profits from gambling. It can come from people closest to you, friends, and those who play the biggest role are influencers.

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November 25, 2023, 12:51:06 PM
 #293

There are loads of reasons why many continue gambling even after incurring losses, these reasons spans across the worlds of advantages and disadvantages, or simply put, positive and negative reasons. Amongst the reasons are motivation and passion, the need to chase one's life dreams through the available resources prospectively to be availed by these gambling platforms.

If someone is determined to achieve a thing, the techniques to be deployed is without limits until the goal is achieved, these class of people don't care about how many times they fail, they only have one word they understand 'success' and until they get there, you might be the only one seeing them as those who loose frequently

I think the more reasonable reason for people who still continue to gamble despite losing a lot is because they come to make money, I think they assume that the big win will really happen, when on the other hand it's nothing more than a chance, the fact is not once or twice they lose and say such motivations to themselves, but it's always like that and there is no time limit, they think the winnings they will get will be able to cover all the losses in the previous time, my question is what makes you so sure that you will get the big win? What if it turns out that your winnings are very small and cannot cover all the losses in the previous time? it's very possible isn't it.

But on the other hand it will just waste their time and money, do they think that this is a process like achievement in business for success? no friend, gambling is always nothing more than something that depends on luck. Therefore, it is better to reduce it, after all, there is no guarantee whatsoever for you to be able to achieve great results, it's just your hopes and hallucinations.
Could a psychological need drive gambling despite losses? Intermittent reinforcement - the unexpected nature of winning and losing - can cause dopamine release and addiction in gambling. Gambling is about the pleasure and emotional rollercoaster, not just money.

When you doubt your chances of winning big, arent you disregarding some gambling's strategic aspects? Poker needs talent, psychology, and strategy. More than luck is involved. While losing is risky, isnt risk-taking human nature? Knowing the balance and when to stop is crucial. Gambling may be a test of ability and nerve if done in moderation and with plan.

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November 25, 2023, 02:23:13 PM
 #294

And it should be with such bitter events that they should be able to realize that indeed it is a bad thing that they experience as a result of reckless gambling, they should be able to make it a bitter experience that they must make a lesson not to repeat the same thing in the future. The first thing they should do is self-introspection as you said and also besides that try to realize that indeed this is a big problem that makes them down and causes a lot of problems in their lives, especially in terms of their finances.

Honestly, in such conditions, in my opinion, it is still unknown or certain whether they will be able to realize and correct their mistakes or even on the contrary they will even get worse with the intention of revenge in gambling, because it is not uncommon for me to see some of them who are very emotional and do not accept the results that are always not in accordance with what they expect at the end of the session and after that they finally take actions out of control such as for example selling one of their valuable assets or vehicles to put a larger amount with a higher level of emotion and hope than before. I think out of 100%, maybe only 40% of people will be able to realize and fix everything so that they don't fall into the same hole.
By experiencing this bad incident, they should be able to realize that they have made a mistake and must change it by using it as a valuable lesson. But many people still make similar mistakes so more and more people cannot realize their mistakes and fall deeper into gambling. They really need to realize what they have done and try to fix it by learning what went wrong and avoiding it. If they have lost a lot of money, they must be able to learn money management in gambling and also self-control. So that they can avoid the desire to continue gambling, especially if they have experienced a losing streak.

I admit that I still make similar mistakes because I feel like I still need to learn more about self-control. So maybe we can learn self-control together and try to accept any outcome from gambling because, by gambling, we already realize that there is a risk that we have to accept so we have to be prepared and will not try to recover from the loss. We also must not fall into the same hole as the previous one because that means we cannot learn from previous experiences and cannot act wisely in gambling, even though gambling is just entertainment. We must be able to improve ourselves by continuing to learn what is necessary so that we don't get carried away deeper into gambling and don't experience more and more losses.

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November 25, 2023, 03:08:28 PM
 #295

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

For me, it's the excitement once you feel the excitement you want to go back over and over again just to feel the excitement again, and if you have a history of winning this is an additional reason why you want to come back, for me these are the two main reasons another minor reason is camaraderie this is for a land-based casino you want to enjoy the ambiance and the company of your friends while playing in a land-based casino.
Playing in casinos has a lot of emotional attachment that we want to relive over and over again that is why we always want to come back and this is why casinos very profitable business.
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November 26, 2023, 10:35:20 AM
 #296

There are loads of reasons why many continue gambling even after incurring losses, these reasons spans across the worlds of advantages and disadvantages, or simply put, positive and negative reasons. Amongst the reasons are motivation and passion, the need to chase one's life dreams through the available resources prospectively to be availed by these gambling platforms.

If someone is determined to achieve a thing, the techniques to be deployed is without limits until the goal is achieved, these class of people don't care about how many times they fail, they only have one word they understand 'success' and until they get there, you might be the only one seeing them as those who loose frequently

I think the more reasonable reason for people who still continue to gamble despite losing a lot is because they come to make money, I think they assume that the big win will really happen, when on the other hand it's nothing more than a chance, the fact is not once or twice they lose and say such motivations to themselves, but it's always like that and there is no time limit, they think the winnings they will get will be able to cover all the losses in the previous time, my question is what makes you so sure that you will get the big win? What if it turns out that your winnings are very small and cannot cover all the losses in the previous time? it's very possible isn't it.

But on the other hand it will just waste their time and money, do they think that this is a process like achievement in business for success? no friend, gambling is always nothing more than something that depends on luck. Therefore, it is better to reduce it, after all, there is no guarantee whatsoever for you to be able to achieve great results, it's just your hopes and hallucinations.

More on your side, depending from how luck will back you and how long it will take before it happen, it's really something that most gamblers misinterpreted when they seek for money when playing,  that kind of hope which lingers inside them thinking that time will come and they will cash out decent amount of profits.

But yes, it's true  that the more you think that way the more chances that you will continue losing your money,  and like with what you are saying, what if you win a little amount that will not cover your previous loses,  chances that instead of quitting you will push and seek for more. End of the day, you will lose everything back.

Yes that's right and they always think and assume that as you said "my lucky time will come soon", that's what makes them barely able or do not know when to stop or just reduce. And on the other hand they have unusual expectations, their expectations are very high and they think that if they stop then it is the same as they will lose the opportunity to break even to replace all their losses with the winnings they will get, but the problem is that it is nothing more than just their hallucinations, are they told by the casino or just given an indication that they will get a big win? no friend, like I said it is nothing more than their hallucinations that are too exaggerated in assuming the chances of winning, in fact the casino will be happy when they see the gamblers suffer losses.

Yes, the more they think like that, it is clear that it is not the chances of winning that are getting closer but what is more certain is that the number of their losses will increase, that is more certain. Well that makes sense, as I said on the other hand what if the winnings they get are small and far from what they have sacrificed, won't you feel disappointed? obviously and after that what is there is even worse you will gamble because you are upset that the results are not appropriate.

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November 26, 2023, 11:01:20 AM
 #297

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?
Dissatisfaction, wanting to win big, trying to catch up with defeat and of course the ambition to demand that you not lose. Although everything still ends at the same point when unable to control what is in the game. Therefore, gambling also requires controlled management even though it is mostly entertainment because what is spent is money, which means management must be involved in it. Now regarding the motivation for returning to gambling, it is usually an inkling of the temptation of large multiples but he does not get it or is also motivated by people out there who have succeeded in making big profits from gambling. It can come from people closest to you, friends, and those who play the biggest role are influencers.

And that in my opinion is what encourages someone to do continuous gambling, the dissatisfaction they have will encourage them to go further into gambling, of course this is not a good thing for them if they go deeper, it could be that they will be addicted, to gambling outside of normal awareness, I mean forgetting many things that should be their responsibility. The ambition they have is good, but the statement is that they are misplaced with the ambition they have, ambition tends to be the excitement of self-confidence in achieving something, but if they do it in gambling it is wrong, it will only make them experience regular losses, from small defeats that are considered small problems and continue like that until the money they have runs out, even with their savings that will run out because they use it for gambling. There is nothing wrong with gambling, with a note that you must have self-control, if you really don't want to lose, I suggest not gambling. it's better to start a business that will certainly generate profits for themselves.

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November 26, 2023, 11:04:54 AM
 #298

I think the person really believes that after If you experience a big loss, there will definitely be a bigger win, so this is the factor that makes some people continue to want to place bets without caring about the size of the loss they experience because they are too obsessed with winning that will be bigger.

That is true. Many people believe that life is like zebra, black-white, good-bad, win-lose. That triggers them to place another bet, with a wish to win back a previously lost bet. And this is what destroys people, as I have seen many times that after a loss with most possible lowest odd, comes same loosing odd, even though a probability that it will happen is very low. The reason why people continue gambling after a series of losses is simple, repeated here million times and known to everyone - disability to resist greed.

The only time people lose their total bankroll is because they increase their bets to the point that it can be recovered by the remaining bankroll. Gambling is really 50-50 game which means no matter how terrible lose streak you encounter, there’s always a counter part winning streak to balance the game probability wise or else the game is rigged.

People continue to bet after losing because you will never experience winning if you stop at loss. The only problem is the bankroll management which many player failed to do that result massive loss.

Most of the time that's the case. Gamblers keep on betting because they think that the next bet could be the lucky one that will give them the jackpot and it's a never-ending next. I can still remember telling myself that it would be the last 10 bets but I went to 100 bets I am still not stopping. I guess the "finding out" the unknown result plays a big factor in why we keep on doing it.
I have been frequently losing because of that even though I already win enough I keep on betting more because I want to see if my luck is still intact.
That's why discipline is the key if you want to be a real winner. You win enough, go look for another game because if it's the same game you will be playing, it will just take back what you gained and maybe even worst by taking everything in your wallet including the amount that you are trying to secure.

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November 26, 2023, 12:02:52 PM
 #299

There are loads of reasons why many continue gambling even after incurring losses, these reasons spans across the worlds of advantages and disadvantages, or simply put, positive and negative reasons. Amongst the reasons are motivation and passion, the need to chase one's life dreams through the available resources prospectively to be availed by these gambling platforms.

If someone is determined to achieve a thing, the techniques to be deployed is without limits until the goal is achieved, these class of people don't care about how many times they fail, they only have one word they understand 'success' and until they get there, you might be the only one seeing them as those who loose frequently

I think the more reasonable reason for people who still continue to gamble despite losing a lot is because they come to make money, I think they assume that the big win will really happen, when on the other hand it's nothing more than a chance, the fact is not once or twice they lose and say such motivations to themselves, but it's always like that and there is no time limit, they think the winnings they will get will be able to cover all the losses in the previous time, my question is what makes you so sure that you will get the big win? What if it turns out that your winnings are very small and cannot cover all the losses in the previous time? it's very possible isn't it.

But on the other hand it will just waste their time and money, do they think that this is a process like achievement in business for success? no friend, gambling is always nothing more than something that depends on luck. Therefore, it is better to reduce it, after all, there is no guarantee whatsoever for you to be able to achieve great results, it's just your hopes and hallucinations.

More on your side, depending from how luck will back you and how long it will take before it happen, it's really something that most gamblers misinterpreted when they seek for money when playing,  that kind of hope which lingers inside them thinking that time will come and they will cash out decent amount of profits.

But yes, it's true  that the more you think that way the more chances that you will continue losing your money,  and like with what you are saying, what if you win a little amount that will not cover your previous loses,  chances that instead of quitting you will push and seek for more. End of the day, you will lose everything back.

Yes that's right and they always think and assume that as you said "my lucky time will come soon", that's what makes them barely able or do not know when to stop or just reduce. And on the other hand they have unusual expectations, their expectations are very high and they think that if they stop then it is the same as they will lose the opportunity to break even to replace all their losses with the winnings they will get, but the problem is that it is nothing more than just their hallucinations, are they told by the casino or just given an indication that they will get a big win? no friend, like I said it is nothing more than their hallucinations that are too exaggerated in assuming the chances of winning, in fact the casino will be happy when they see the gamblers suffer losses.

Yes, the more they think like that, it is clear that it is not the chances of winning that are getting closer but what is more certain is that the number of their losses will increase, that is more certain. Well that makes sense, as I said on the other hand what if the winnings they get are small and far from what they have sacrificed, won't you feel disappointed? obviously and after that what is there is even worse you will gamble because you are upset that the results are not appropriate.
They're battling their mentality, not just playing games. This "my lucky time will come" story is self-made, not casino-induced. Classic gambler's fallacy, right? The assumption that losing streaks end in wins. Each spin and card is unique and casinos profit from this premise. They dont need to promise big wins; gamblers convince themselves of that.

When they win small? Dissatisfaction encourages play. Chase losses -> fantasize of huge wins -> face tiny gains -> repeat. Its about the emotional rollercoaster, not simply money. Gamblers are stuck in a psychological maze with no way out.

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November 26, 2023, 05:26:15 PM
 #300

Gambling is really 50-50 game which means no matter how terrible lose streak you encounter, there’s always a counter part winning streak to balance the game probability wise or else the game is rigged.
But the winning 50% isn't really 50% because there is a house edge we need to consider, so eventually, if you lose 20 bets and then win 20 bets while having the same bet size, you won't have all your balance recovered as a very large chunk of it will be taken by the house edge. So, we can't really say that it's 50-50 on both sides even if the probability of winning a bet is 50% or more. Technically, the house will always be ahead of the gambler unless the gambler is extremely lucky and manages to win a large amount at the initial stage and then doesn't bet high and stops before losing everything they've won.

However, someone who keeps increasing their bets in order to recover their losses will have a higher probability of losing all their bankroll because it won't take a very long loss streak for the house to have all your money in their bankroll and it's pretty common to experience at least 10 to 15 consecutive losses.

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