Dangerous chasing losses

[SOKO-DEKE]

Chasing losses is where a lot of gamblers make mistakes. In my own view, I think that what causes almost all gamblers to chase their losses is that they gamble with amounts they can't afford to lose, because if that is not the case, why will someone try to recover their losses in gambling, which is all about luck? One thing about gambling is that even if you try to recover your losses and are lucky enough to recover the amount, you may still continue to make profits. Someone has to be smart and set rules when it comes to gambling; if not, someone will end up with nothing because the spirit of gambling is so strong that if someone is not smart enough, they will spend their entire life on gambling. Even those who are now gambling addicted started gradually by thinking they would one day recover their losses in gambling.

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[topbitcoin]

Anyone who can finally stop doing this activity or just reduce it in my opinion is good enough and this is the best thing to do. I am sure that anyone will never be comfortable with all the pressure resulting from losing in gambling, of course if indeed your environment is active in gambling then there is no other way to get out of the addiction zone unless you are able to avoid the bad environment, whatever we can do to stop gambling as long as our intentions are strong and firm.

A strong intention is really needed to get out of the world of gambling because with a strong intention, consistency will emerge and hold firmly to a promise not to gamble again. And you need to remember that "the sea is salty, but not the fish." So as long as this intention lives in the heart and behavior, I am sure that everyone is able to get out of all gambling problems even though they are in a fairly harsh environment.

I used to be like this, whenever I lost I always doubled my bet to make up for the loss. In the beginning, yes, I was able to get it back, sometimes it even tripled, but while I was doing it, I didn't notice it, you know my loss was getting worse, the loss was getting bigger than the return, so I stopped doing that. In the beginning, it's really fun like that, so I feel that those who do this are also the ones who are new to gambling. So while it's still early and you notice that it's getting worse and worse, you should stop before you get used to it forever.

Gambling is indeed quite tempting because it seems like gambling can double your money, but that's just the opinion of some people who don't want to think clearly and think further about gambling. Everyone can gamble but not everyone can control it, so this is where a good understanding of gambling is needed so that we can be more careful when playing it. Gambling is just a game, but this game is quite risky.

[bbigtart]

I’m not a regular gambler nor an addicted gambler but I recently experienced a terrible chasing loss that start with small amount. I’m on a day off on my job right now due to my minor flu. My feeling got better while I don’t have things to do on my work dormitory so I decided to just gamble for fun only.

I have experienced the same as you, but I have not lost as much as you. I know what I did was wrong, chasing defeat hoping for victory without realizing that in the end I only received defeat.

Actually, I'm not an addict and I'm not one who doesn't know the risks. It's just that sometimes we need entertainment when we're bored and just lying in the room. Initially, gambling was just to fill our free time without realizing that we were carried away by emotions, actually we were aware but it was curiosity that made us continue to chase losses. It was a valuable experience for me, if you are already losing, you should stop first.

[Oilacris]

I’m not a regular gambler nor an addicted gambler but I recently experienced a terrible chasing loss that start with small amount. I’m on a day off on my job right now due to my minor flu. My feeling got better while I don’t have things to do on my work dormitory so I decided to just gamble for fun only.

I have experienced the same as you, but I have not lost as much as you. I know what I did was wrong, chasing defeat hoping for victory without realizing that in the end I only received defeat.

Actually, I'm not an addict and I'm not one who doesn't know the risks. It's just that sometimes we need entertainment when we're bored and just lying in the room. Initially, gambling was just to fill our free time without realizing that we were carried away by emotions, actually we were aware but it was curiosity that made us continue to chase losses. It was a valuable experience for me, if you are already losing, you should stop first.

Somewhat i do agree into this point on which there are really indeed times that you are really that longing for more even if you do know the risks of losing but still you are really that doing it because you've been thrilled on doing so. Its weird but it is really that indeed happening  for most gamblers on which the urge is there to chase up those losses even if you are really that aware on what are the things that should really be needed to be done.Honestly its never been ideal on chasing up losses because if you wont really be that wisely on stopping midway or on the situation you are in then
most likely you would really be ending up on losing more. If you cant really be able to stop then expect on what would happen but if you are aware but  you have decided to play more then its your
choice. Just make it sure that you wont really be that making yourself that go beyond your limits on which this do matter the most.

[Onyeeze]

Their something I want us to understand in gambling and investment, for gambling if you are a gambling addicted I don't think that you will stop chasing losses in a gambling, an addicted gambler doesn't feel that it has lose in the gambling but I believe that in gambling instead of addicted gamblers to dress back in a gambling they will continue to chased their loss believing that one time wining of the gambling will make them to recover all they have lost so far, so I believe that is the mentality of gamblers who is desperate in gambling and also addicted in gambling, but someone that have strategies in gambling knows it's time and when to gamble and when to gamble and it's loss will not trigger him to gamble to make the one he losses

[alastantiger]

Conclusion: I will never gamble again when I’m bored or chase loss small amount. With this exhilarating experience. I think I will stop gambling for a long time and reflec on what dumb thing I do today.

Thank you for sharing this your experience with us. I believe we would all learn a thing or two from it.

I believe that 90% of gamblers have an embarrassing tale of them chasing losses at one time or the other and it did not end well but we cannot tell the story publicly because we don't want to look stupid.

I tell you that if you stick to your place you will definitely bounce back a better and more disciplined gambler.

[BitcoinTurk]

Even though this situation made you feel bad psychologically, it was a very nice experience for you and it caused you to have an experience that didn't hurt you too much at the end of the whole process.

If he lost it all, it would be more difficult for him to make it out of this thought. Looking at his reactions despite earning profits, you'd understand how bad it affected him psychologically. He was amazed to find himself wearing such a behavior. It has never been this way, in his memory. It'll help him not to behave that way anymore, in future. It'll be hard to tell how it happened to him, but if the experience took away few of his normal behavior. The therapy would be, giving such thought a break. As thinking so much about a vague past experience can help cause more mistakes. In the person's gambling activity. He'll may be too conscious of not repeating what happened, when he had enough time and funds. Thereby, reducing the comfortability they get through gambling. So if the behavior negatively affects his winning, it could be that the player is not staking with a clear mind. Also affecting their personal relationship to people. Hence, it's important for gamblers to always stay cheek by jowls with non gamblers. So that they'll be able to reach a wider audience. That they teach about the effects of gambling; good and bad. Guide on their journey to bitcoin. And most importantly garner profits through them. In return non gamblers can be the primary detector of an uncertain behavior in the gambler's life. It's crucial to know how people have felt about the changes in us, which we are not aware. Nobody is an exception in such an occurrence. We must follow our minds and things we've thought as possible or works. To know the new behaviors in us, and be able to link it to its cause, can be a good definition of a gambler.

Unfortunately, it isn't possible to think logically after a person loses in gambling because of the negative psychological effects the experiences. Although I can control myself in gambling, unfortunately, when I make leveraged trading sometimes I cannot control myself and increase my loss amount by taking more wrong decisions. Whatever the action is, the person must be able to control themself in such a psychological state, even if it is very difficult and not continue on their way by making additional mistakes. For this, as you mentioned taking a short break would be the ideal solution for this.

Although, as I mentioned I succumb to this psychology not in gambling but in leveraged trading, I usually only increase my loss amount and manage to stop myself before the situation gets worse. For this reason, I think it is very important to control bad psychology, emotions and with a little willpower everyone can prevent such bad scenarios by controlling themselves.

The most common mistake done by the gambler was he will increase the betting amount on each bet to cover the loss in the shorter period. But the fact is he will loss all the holding money if he keep increase the bet in the game. The betting money should be same for the gambler, the gambler should rebuild the new strategy one after another for the game. So he can recover the loss in the game. Changing the bet amount to high value will risk your full money.If the situation was bad,you should take some gap for the game. So your mind will ready to face any difficulty in the upcoming game and the possibility of winning will be high.

Certainly, when the bet amount increases after each loss it causes the person to lose more money faster. In such situations, a person needs to be able to control his/her own will and avoid making wrong decisions by controlling his/her emotions. This is, of course a very difficult process but preventing this situation with a strong will and preventing all potential losses can only be achieved with the right emotional and psychological control. For this reason, if a person has lost money in gambling he/she must learn to control his/her own will and overcome his/her emotions to avoid making wrong decisions.

[klidex]

Only few gamblers succeed in chasing their losses, the motivation to recover our losses backfires because we are trying to win back the money that we've previously lost, when you're chasing your losses you are pressured to win and because you think you fumble on your votes and commit error after error, I've experienced this and the feeling is so bad that I can't eat in a few days because the what if, keeps running in my mind.
Chasing losses is a big nightmare for gamblers because you cannot think clearly and you feel you are in hostile territory, It is better to keep in mind that whatever happens, you will not chase your losses.

Chasing defeat will only make us experience bigger losses, that's why if we decide to gamble, it would be better if the initial goal is not to win but to get rid of boredom, look for fun in gambling games that we like and have limits within carry out these activities. so that the mood when we lose will be fine because we are definitely ready to lose that money.
Therefore, it is better to gamble with small amounts of money so that we don't think too much about losing when gambling.

OP said that if he wants to gamble with the aim of having fun, if he aims to have fun, he won't experience any problem if he loses his first money with a limit that he thinks is the minimum, but he keep thinking about his losses and makes deposits many times just to recover his losses, so I think his goal is Not looking for fun but testing adrenaline, he was lucky to be able to recover the money he used because it is rare for successful gamblers to chase their losses because most of them always experience bigger and bigger losses.

[ethereumhunter]

As the saying goes, people will not be satisfied or aware if they have never experienced or felt something bad happen to them, so for you, what I mean by the risk of gambling that befalls you, you will then realize that what you have been experiencing is a fatal mistake because You haven't been able to control yourself well so you regret having done that and now you are trying to start changing by learning to control yourself well.

Of course, if someone has experienced defeat then what he has to do is stop, even though this is very difficult to do, but if he has a strong belief then this will not be as difficult as he imagines, because according to him if he gambles continuously then he will lose a lot of money, not increase it Money.

And all the incidents that happened to him can be a valuable lesson so he can learn from everything. If he has experienced a lot of losses since he played for the first time, he has to think about whether he should continue gambling or whether he should leave gambling. But if he still wants to gamble, that's okay, but he has to be careful not to spend a lot of money and as much as possible, he has to reduce the amount of money.

People who gamble must have experienced defeat because that is what they will experience if they gamble. They should know that getting a win is very difficult and if they still decide to recover their losses, they will only regret it, especially if they use more money. The important thing is that he can control himself and his money so he doesn't lose much. Thus, he only needs to enjoy gambling as entertainment.

[Gozie51]

I’m not a regular gambler nor an addicted gambler but I recently experienced a terrible chasing loss that start with small amount. I’m on a day off on my job right now due to my minor flu. My feeling got better while I don’t have things to do on my work dormitory so I decided to just gamble for fun only.

I have experienced the same as you, but I have not lost as much as you. I know what I did was wrong, chasing defeat hoping for victory without realizing that in the end I only received defeat.

Actually, I'm not an addict and I'm not one who doesn't know the risks. It's just that sometimes we need entertainment when we're bored and just lying in the room. Initially, gambling was just to fill our free time without realizing that we were carried away by emotions, actually we were aware but it was curiosity that made us continue to chase losses. It was a valuable experience for me, if you are already losing, you should stop first.

But really gambling itself is not meant to free our free time, only for us to try to double what money we have or we want to stake on it. Op doesn't really want to fill his free time because if he does then he would engage himself in playing some games in his phone or watch movies. He didn't want to fill his free time that was why he didn't want to leave his lost money but chased it by all means possible and he was lucky to have got it.

So I believe if I want to fill my free time, gambling is not my best bet but to look at other areas of distraction and entertainment 

[Mauser]

Lastly, I deposit 1800$ to have a better bankroll again, This time I’m betting like a high roller and lucky manage to recover my losses and bag 150$ profit.

Conclusion: I will never gamble again when I’m bored or chase loss small amount. With this exhilarating experience. I think I will stop gambling for a long time and reflec on what dumb thing I do today.

I don't really understand your gaming history, you first played BlackJack pretty normally. Your betting size was between 5 - 15 USD, which is good sizing and you should be able to withstand a losing streak. And then 1 hour later you deposited new money to bet 10x your initial bet sizes. That feels wrong and I don't understand why you would jump so quickly in your bets, because you weren't even losing before. I can understand that after a few losses in a row you might want to place 1-2 big bets to try and recover your previous losses. However, you fully went to play with your new bet sizes and never went back to your more comfortable levells. It's good that you didn't lose all your money and even made a profit for the night. Depending on your overall bankroll 1.800 USD might be a lot of money and I would recommend you go back to play smaller sizes again. Especially if you gamble for a long time, then it can be really dangerous to use all your money in one session. It's good that you realise your mistakes and will learn from them, it's not that easy to control our emotions and our finances when gambling a whole evening.

[zuzie]

As the saying goes, people will not be satisfied or aware if they have never experienced or felt something bad happen to them, so for you, what I mean by the risk of gambling that befalls you, you will then realize that what you have been experiencing is a fatal mistake because You haven't been able to control yourself well so you regret having done that and now you are trying to start changing by learning to control yourself well.

Of course, if someone has experienced defeat then what he has to do is stop, even though this is very difficult to do, but if he has a strong belief then this will not be as difficult as he imagines, because according to him if he gambles continuously then he will lose a lot of money, not increase it Money.

And all the incidents that happened to him can be a valuable lesson so he can learn from everything. If he has experienced a lot of losses since he played for the first time, he has to think about whether he should continue gambling or whether he should leave gambling. But if he still wants to gamble, that's okay, but he has to be careful not to spend a lot of money and as much as possible, he has to reduce the amount of money.

People who gamble must have experienced defeat because that is what they will experience if they gamble. They should know that getting a win is very difficult and if they still decide to recover their losses, they will only regret it, especially if they use more money. The important thing is that he can control himself and his money so he doesn't lose much. Thus, he only needs to enjoy gambling as entertainment.

Of course, what he has to do is think about whether he will continue gambling or just stop because he is losing more than winning. Agree with this, if he wants to continue gambling what he has to do is be able to control the money he bets and always be careful when gambling, remain wise and responsible so as not to overdo it when gambling.

The self-control that a person has is very influential in gambling, so that he is aware that the results of gambling cannot be predicted, wins will only be obtained by a few people while most gamblers will experience losses and this is true if they have talent and experience. Being lucky doesn't necessarily mean you're lucky, and what you said is true, it's good for us to gamble as an activity to entertain ourselves when we're bored.

[retreat]

You are really very lucky where at first you lose a lot but in the end you recover your losses and get 150 USD in addition. If it were me, maybe I wouldn't dare to deposit thousands of dollars again just to recover my losses. Because from my experience, when I chase losses, I end up losing more, which makes me even more annoyed and looks like a fool.

[pinggoki]

You are really very lucky where at first you lose a lot but in the end you recover your losses and get 150 USD in addition. If it were me, maybe I wouldn't dare to deposit thousands of dollars again just to recover my losses. Because from my experience, when I chase losses, I end up losing more, which makes me even more annoyed and looks like a fool.

I wouldn't say that OP's lucky though, it's betting so there's an involvement of analysis so it's not all luck, if OP knows where to place the bets then there's a higher chance of OP winning. Chasing losses is a matter of what game is being played, if it's based on chances, chasing losses is the worst thing that you can do but if there's a chance that your skill can change the game, then chasing losses is a possibility and not the worst thing that you can do maybe in the latter case, it's up to you if you want to break even or stop right then and there.

[nara1892]

In addition to a little, I also think it is almost impossible to get success, besides that these actions will also only make your situation worse, instead of returning the previous defeat but what happens is that the number of defeats increases, and that is the cycle that always happens and is suffered by gambling addicts.

The only way a gambler to success in chasing losses is he need to hack the site and steal as much as he can lol.

I imagine if someone is successfully recover all of his previous losses, I don't think he will completely quit gambling, but I believe he will try to gamble in order to earn more. A gambling addict will not change if he's not realize and have a commitment to gamble only for fun.

Well that makes more sense, that way he will continue to earn money, and if his hacking is completely unknown by casino security then he will be able to earn money consistently and as long as he wants. And on the other hand the way they can succeed in gambling in my opinion is that they have to become the house itself, or create their own casino. You may know the casino makes a system to defeat always dominate the gamblers and that means the big and real profits are not made by the gamblers but by the casino itself, why is it like invisible and difficult to realize by the gamblers? Because the casino has a very smart system or rule, it involves the mindset and mentality of the gamblers who play there, such as for example ten defeats will be treated with just one win (mentally), and just try to calculate the number of defeats is much greater, but strangely most gamblers will not think about that, they will only be very happy when they get a win even if it's just one time out of dozens of losing attempts, and I say that's the smartness of the casino, they will give one win and exchange it for 9 defeats from the gamblers, obviously it's more profitable.

I call it greed, who doesn't want money? everyone needs money, and when they see in gambling there is an opportunity to make money then obviously even if for example they have managed to return the loss, after that they will be greedy and feel great that they have been able to return the loss in the previous time, they will never feel enough with any results there. None other than all that happens because of the factor of excessive expectations and their mistake in understanding what exactly is meant by opportunities in gambling, even though there is absolutely no guarantee. And I say this cycle will never end if they don't stop it themselves, because if it continues it will only make things worse.

[Hirose UK]

Their something I want us to understand in gambling and investment, for gambling if you are a gambling addicted I don't think that you will stop chasing losses in a gambling, an addicted gambler doesn't feel that it has lose in the gambling but I believe that in gambling instead of addicted gamblers to dress back in a gambling they will continue to chased their loss believing that one time wining of the gambling will make them to recover all they have lost so far, so I believe that is the mentality of gamblers who is desperate in gambling and also addicted in gambling, but someone that have strategies in gambling knows it's time and when to gamble and when to gamble and it's loss will not trigger him to gamble to make the one he losses

What you say is true and I have proven it myself by talking to several colleagues who are active gamblers, they said that maybe yesterday today they suffered number of losses but they believe that one day they will get big win that can return all their losses along with number of profits.
I know that this is wrong thinking and it is impossible to happen so I gave them little understanding and advice but they thought what I said was just nonsense so they still believed in their founders that they would win big someday.
Even though I know they talk and have these beliefs because they have become addicts, things like this make me little surprised because they really only believe in their own way of thinking without wanting to listen to other people at all.

[Strongkored]

I understand how stressful it is when you want to chase something, not just when you want to chase a loss because I have experienced it and the results are very bad because I can't recover it even for just $1, and what is quite stressful when chasing a bonus because there is a promo can also make us stressed and even a big loss, if I'm not mistaken last year or maybe this year at the beginning when chasing bonuses and because there was very little time left, made the decision to increase the bet, although overall it was still profitable but this really drained my mind, so finally decided to take a break from gambling for a while time and only play occasionally and even then only sports betting.

Conclusion: I will never gamble again when I’m bored or chase loss small amount. With this exhilarating experience. I think I will stop gambling for a long time and reflec on what dumb thing I do today.

Luckily, you can learn good lessons from this experience because often gamblers make wrong decisions and end up falling into addiction.

[Docnaster]

Their something I want us to understand in gambling and investment, for gambling if you are a gambling addicted I don't think that you will stop chasing losses in a gambling, an addicted gambler doesn't feel that it has lose in the gambling but I believe that in gambling instead of addicted gamblers to dress back in a gambling they will continue to chased their loss believing that one time wining of the gambling will make them to recover all they have lost so far, so I believe that is the mentality of gamblers who is desperate in gambling and also addicted in gambling, but someone that have strategies in gambling knows it's time and when to gamble and when to gamble and it's loss will not trigger him to gamble to make the one he losses

What you say is true and I have proven it myself by talking to several colleagues who are active gamblers, they said that maybe yesterday today they suffered number of losses but they believe that one day they will get big win that can return all their losses along with number of profits.
I know that this is wrong thinking and it is impossible to happen so I gave them little understanding and advice but they thought what I said was just nonsense so they still believed in their founders that they would win big someday.
Even though I know they talk and have these beliefs because they have become addicts, things like this make me little surprised because they really only believe in their own way of thinking without wanting to listen to other people at all.

It is the belief by many gamblers especially gambling addicts that whenever they lose huge money in gambling, there are high chances that they're gonna recover all their losses if they continue to gamble more and that's why they tend to chase their losses instead of quiting.
That belief has rendered many of them financially unstable to an extent that they find it very difficult to feed themselves. When gambler is having a bad day by losing his money, the best approach to such experience is to quit at that moment and probably come to gambling after long period of time when he's already forgotten about his initial loss.

[ethereumhunter]

Of course, what he has to do is think about whether he will continue gambling or just stop because he is losing more than winning. Agree with this, if he wants to continue gambling what he has to do is be able to control the money he bets and always be careful when gambling, remain wise and responsible so as not to overdo it when gambling.

The self-control that a person has is very influential in gambling, so that he is aware that the results of gambling cannot be predicted, wins will only be obtained by a few people while most gamblers will experience losses and this is true if they have talent and experience. Being lucky doesn't necessarily mean you're lucky, and what you said is true, it's good for us to gamble as an activity to entertain ourselves when we're bored.

It is better for him to stop gambling than to lose even more money. It's not worth continuing because he could also experience other problems, such as prolonged frustration and depression, especially if he experiences more losses. And yes, remaining wise and responsible while gambling will always be necessary, especially for people who are new to gambling so that they don't experience bad problems after they finish gambling.

For this reason, self-control must always be trained so that we can still control ourselves while gambling and not gamble excessively. We don't want to experience bad things after we finish gambling, so having good self-control will always protect us. Gambling is entertainment and we should not use it as a way to make money, especially as there are many other ways we can use to make money.

[Jody.Drummer]

Their something I want us to understand in gambling and investment, for gambling if you are a gambling addicted I don't think that you will stop chasing losses in a gambling, an addicted gambler doesn't feel that it has lose in the gambling but I believe that in gambling instead of addicted gamblers to dress back in a gambling they will continue to chased their loss believing that one time wining of the gambling will make them to recover all they have lost so far, so I believe that is the mentality of gamblers who is desperate in gambling and also addicted in gambling, but someone that have strategies in gambling knows it's time and when to gamble and when to gamble and it's loss will not trigger him to gamble to make the one he losses

What you say is true and I have proven it myself by talking to several colleagues who are active gamblers, they said that maybe yesterday today they suffered number of losses but they believe that one day they will get big win that can return all their losses along with number of profits.
I know that this is wrong thinking and it is impossible to happen so I gave them little understanding and advice but they thought what I said was just nonsense so they still believed in their founders that they would win big someday.
Even though I know they talk and have these beliefs because they have become addicts, things like this make me little surprised because they really only believe in their own way of thinking without wanting to listen to other people at all.

It is the belief by many gamblers especially gambling addicts that whenever they lose huge money in gambling, there are high chances that they're gonna recover all their losses if they continue to gamble more and that's why they tend to chase their losses instead of quiting.
That belief has rendered many of them financially unstable to an extent that they find it very difficult to feed themselves. When gambler is having a bad day by losing his money, the best approach to such experience is to quit at that moment and probably come to gambling after long period of time when he's already forgotten about his initial loss.

Well true enough, I also have or even often hear some assumptions like that from them, thinking when they always lose or defeat always dominates them at the end of the session then as if they think it's like saving money that later there will be a bigger return that they will be able to get such as a significant amount of victory, even though it is just a hallucination of their addictive mindset. Obviously I will not tolerate this kind of mindset and I will conclude that they have entered the stage of addiction, and usually they will continue to play with such intentions, to restore the defeat in the previous time, when on the other hand the fact is that they will only push themselves even more to the number of losses and they will really be able to think and accept that their mindset is wrong when they have completely exhausted all their people, there is no other way like borrowing money to gamble.

And what happens to them in such conditions is to experience a lot of mental stress due to losses from gambling and also experience a lot of financial problems because obviously it will greatly disrupt their finances. So never mind, throw away such useless mindsets and beliefs, it's better to just try to quit, I say that because there really is no guarantee whatsoever in gambling to win.