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Author Topic: Dangerous chasing losses  (Read 2908 times)
Davidvictorson
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November 20, 2023, 06:59:10 PM
 #401

Things that every gambler must avoid is playing gambling when they are bored, chasing to return capital and gambling over an excessive time limit.  i have also experienced this, but for now i will not do that again, when i run out of capital that i have set for today, i will stop, i will try to return my capital again tomorrow, because my luck will definitely be different. tomorrow.  The main rule in gambling is don't be greedy and don't chase after returning your capital one day, let it all start again tomorrow. 
First people gamblers who chase loses are already in pains, the pain of loss. And the move to chase a lost is an act that seems to the gambler as trying to right a wrong. The truth is when chasing losses any gambling strategy you would have had goes right out the window. I was once a victim of this, in the past, I once lost $100 in one spin and then instantly I went and put on the same bet within a matter of seconds and lost another $100 right there and then because I panicked. My head was in one place because at that moment I wanted to rectify the situation. I ended up making the situation far worse.

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erep
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November 20, 2023, 08:39:16 PM
 #402

Things that every gambler must avoid is playing gambling when they are bored, chasing to return capital and gambling over an excessive time limit.  i have also experienced this, but for now i will not do that again, when i run out of capital that i have set for today, i will stop, i will try to return my capital again tomorrow, because my luck will definitely be different. tomorrow.  The main rule in gambling is don't be greedy and don't chase after returning your capital one day, let it all start again tomorrow. 
I agree, if we have set limits on the use of funds for gambling then if the funds have been lost then never make a deposit again, let you bet again tomorrow to get different opportunities. If the case OP didn't get lucky on the last betting amount then he has lost funds above $2k just for daily betting, even though he set a fund limit of $85 for daily betting but the greed factor to recover the loss he has deposited larger funds without considering the loss, I salute him OP realized his mistake and he has committed not to repeat the same mistake in the next bet.
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November 21, 2023, 11:28:39 AM
 #403

Things that every gambler must avoid is playing gambling when they are bored, chasing to return capital and gambling over an excessive time limit.  i have also experienced this, but for now i will not do that again, when i run out of capital that i have set for today, i will stop, i will try to return my capital again tomorrow, because my luck will definitely be different. tomorrow.  The main rule in gambling is don't be greedy and don't chase after returning your capital one day, let it all start again tomorrow. 
I agree, if we have set limits on the use of funds for gambling then if the funds have been lost then never make a deposit again, let you bet again tomorrow to get different opportunities. If the case OP didn't get lucky on the last betting amount then he has lost funds above $2k just for daily betting, even though he set a fund limit of $85 for daily betting but the greed factor to recover the loss he has deposited larger funds without considering the loss, I salute him OP realized his mistake and he has committed not to repeat the same mistake in the next bet.

Yes it is true that we must be very firm in making plans, especially in financial matters and management of your gambling, of course it is true but unfortunately it may be quite difficult to do, not impossible but not as easy as turning the palm of the hand. Because if we are already at a high level of emotion when the final result turns out to lose then the main thing in the gambler's mind is usually they will think about how to find money to deposit again, that means they do not accept the risks involved in gambling. So the main problem in my opinion is whether you can accept the risk of losing in the gambling you do or not, if it is not then it is better not to gamble, because of course if you lose then you will chase the loss to break even which is basically very difficult.

Two luck will not come at the same time, which is why when they are greedy like the case experienced by the OP then usually the final result in the second session is always disappointing, instead of getting a bigger win or returning the loss in the previous time but what happens is the number of defeats even more. So of course the best thing is like you said it's better to take a break first and continue again tomorrow, maybe there is luck waiting for you tomorrow and not today.

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November 21, 2023, 11:55:19 AM
 #404

Things that every gambler must avoid is playing gambling when they are bored, chasing to return capital and gambling over an excessive time limit.  i have also experienced this, but for now i will not do that again, when i run out of capital that i have set for today, i will stop, i will try to return my capital again tomorrow, because my luck will definitely be different. tomorrow.  The main rule in gambling is don't be greedy and don't chase after returning your capital one day, let it all start again tomorrow. 
I agree, if we have set limits on the use of funds for gambling then if the funds have been lost then never make a deposit again, let you bet again tomorrow to get different opportunities. If the case OP didn't get lucky on the last betting amount then he has lost funds above $2k just for daily betting, even though he set a fund limit of $85 for daily betting but the greed factor to recover the loss he has deposited larger funds without considering the loss, I salute him OP realized his mistake and he has committed not to repeat the same mistake in the next bet.
That's the right approach when it comes to gambling. Never try to deposit one more time just because we think we can get back whatever losses we had from the first round. Gambling sites don't work that way. There's a chance we will just lose that second round and maybe even worse if we go back and deposit more until all our funds are gone.
It's better if we have a memory problem, what I mean is we can easily forget what had been lost because that way we won't be chasing the losses.
Sure, there is what they call the RTP but most of the time it won't happen for just a short round of like 100-200 bets. The chances of it coming out are deep within thousands of bets and that's when we will feel that they are returning what was loss. But still, there's no assurance to that.

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November 21, 2023, 12:01:23 PM
 #405

Things that every gambler must avoid is playing gambling when they are bored, chasing to return capital and gambling over an excessive time limit.  i have also experienced this, but for now i will not do that again, when i run out of capital that i have set for today, i will stop, i will try to return my capital again tomorrow, because my luck will definitely be different. tomorrow.  The main rule in gambling is don't be greedy and don't chase after returning your capital one day, let it all start again tomorrow. 
First people gamblers who chase loses are already in pains, the pain of loss. And the move to chase a lost is an act that seems to the gambler as trying to right a wrong. The truth is when chasing losses any gambling strategy you would have had goes right out the window. I was once a victim of this, in the past, I once lost $100 in one spin and then instantly I went and put on the same bet within a matter of seconds and lost another $100 right there and then because I panicked. My head was in one place because at that moment I wanted to rectify the situation. I ended up making the situation far worse.
And the more we chase our losses, the more we lose control of our emotions leading to the worse scenario that we surely experience later.
That is why if we can afford to lose $100 in gambling, then better make a decision not to try this either because this will only be the reason for losing $1000, instead of just $100. In the words, more chasing, more losses, and we end up empty.
And as we look into those people who are desperate to chase losses are those who are newbies. We really need to educate ourselves first before gambling, not after.
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November 21, 2023, 03:31:44 PM
 #406

~snip~
The reason why losses are been chased is because of anger.we are angry whenever we lose,and the money spent on the gambling can even make one have sleepless nights,that is why people try more to recover back the money lost already,which is very risky because it can totally turn out to be bad for you.In chasing loses,it is always two sided,it is either you will win while chasing it,that is,you may recover some of the money or all,while on the other hand,you can end up losing more of your money.
But the chances of winning back your money is always very slim,because you won't gamble with a free mind anymore,it will be out of anger,and that will cause you to lose more.
You are right that everything is fueled by anger caused by the losses we experience. We cannot accept the losses we have received, even if they are consecutive losses. It makes us emotional and want to recover the loss by depositing another amount of money to be able to get the money back. But we don't realize that recovering from those losses means we take a greater risk of losing money. We also forget that the opportunity to recover from the loss is not as big as if we suffered the loss because we could experience an even bigger loss. So we have to think about it more deeply so that we can avoid bigger losses.

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November 21, 2023, 06:35:15 PM
 #407

If you can resist not sending another deposit then you definitely had fought yourself good. Not all can do that though. It means a lot when you are quitting. The problem is the loss of your hard earned BTC.

But when you think of winning back the loss and its all because you deposited another batch, then its not just luck that made you successful in chasing your loss but your persistence.
Being persistent in gambling often becomes the reason for regret later on because chasing losses in gambling isn't like working hard to achieve something where if you don't give up, you will eventually achieve it, in this case, if you stay persistent and continue depositing and trying to recover the losses, you will keep losing more money which isn't mentally and financially good for the person and they will lose both, their money and their mind, slowly, if they continue.

So, one shouldn't be persistent when it comes to chasing losses because that isn't a good thing and it can be very costly. It's self-control and patience that are good elements to be found in a gambler, not persistence. Someone with good self-control and enough patience can save themselves from a lot of stress.

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November 21, 2023, 06:55:02 PM
 #408

Things that every gambler must avoid is playing gambling when they are bored, chasing to return capital and gambling over an excessive time limit.  i have also experienced this, but for now i will not do that again, when i run out of capital that i have set for today, i will stop, i will try to return my capital again tomorrow, because my luck will definitely be different. tomorrow.  The main rule in gambling is don't be greedy and don't chase after returning your capital one day, let it all start again tomorrow. 

I agree that when we continue to chase returns on capital in gambling, it will only make us deepen our losses. However, there is one point that I don't quite understand about "gambling when you're bored".? Because isn't gambling supposed to be done in your spare time? or are we the ones who take the time to gamble...? However, if we have to take the time to gamble, how important is gambling?

I myself also gamble when boredom strikes, where my tasks and work are finished. That's when I felt bored because I couldn't find other activities that could give me pleasure, or just fill my free time. And as long as I gamble, I have never experienced a significant loss.

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November 21, 2023, 07:01:39 PM
 #409

Things that every gambler must avoid is playing gambling when they are bored, chasing to return capital and gambling over an excessive time limit.  i have also experienced this, but for now i will not do that again, when i run out of capital that i have set for today, i will stop, i will try to return my capital again tomorrow, because my luck will definitely be different. tomorrow.  The main rule in gambling is don't be greedy and don't chase after returning your capital one day, let it all start again tomorrow. 

I agree that when we continue to chase returns on capital in gambling, it will only make us deepen our losses. However, there is one point that I don't quite understand about "gambling when you're bored".? Because isn't gambling supposed to be done in your spare time? or are we the ones who take the time to gamble...? However, if we have to take the time to gamble, how important is gambling?

I myself also gamble when boredom strikes, where my tasks and work are finished. That's when I felt bored because I couldn't find other activities that could give me pleasure, or just fill my free time. And as long as I gamble, I have never experienced a significant loss.

Well for me I don't think gambling when one is bored is a good idea because most times when we are bored it is believed that one isn't really in the right state of mind at that particular time so gambling at that time may not really work out well more especially when someone is losing a bet because it will make the person to be so unhappy and angry at same time. So gambling should be done at a time when you're in your right state of mind so that even if you don't win you can still be happy and cheerful.











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November 22, 2023, 10:45:00 PM
 #410

Things that every gambler must avoid is playing gambling when they are bored, chasing to return capital and gambling over an excessive time limit.  i have also experienced this, but for now i will not do that again, when i run out of capital that i have set for today, i will stop, i will try to return my capital again tomorrow, because my luck will definitely be different. tomorrow.  The main rule in gambling is don't be greedy and don't chase after returning your capital one day, let it all start again tomorrow. 
If gamblers must avoid gambling while they are bored then why gamble at all? Gambling is supposed to be just another hobby, and while there are many ways in which we can stave off boredom, I do not think there is anything inherently wrong with using a few dollars from time to time to obtain the entertainment we want out of gambling, and if anything I think this is the healthiest way to approach gambling, as those that try to make money out of it are the ones that are at a greater risk of suffering higher losses due to their misguided objectives when they gamble.
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November 22, 2023, 11:29:26 PM
Last edit: November 22, 2023, 11:53:18 PM by STT
 #411

Boredom is definitely a danger, people do stupid things when bored as its the opposite of patience.  I would agree its best to change course when unable to think of any valid tactic to proceed with just throwing it all on a random number and hope is a loss that might take down the gains of a whole evening, easy to end up taking stupid risks.  This is true in general not just gambling so good life lesson perhaps.

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November 22, 2023, 11:44:15 PM
 #412

Bordem is definitely a danger in general, people do stupid things when bored.  I would agree its best to change course when unable to think of anything better to do or you might just end up taking stupid risks.  This is true in general not just gambling so good life lesson perhaps.
Totally make you that finding things which could really entertain you on which you might really be ending up on doing gambling specially if you do have that money to spend.
When you are bored then you would really be normally be finding or looking on things which you would be enjoying and since gambling is really giving out that chance or
opportunity to win big or easy money then this is where greed do kicks in. Chasing up losses would really be the most normal situation you would be able to face when you do gamble.
It is really that normal that will really be chasing it up and trying to break even.

Until the time comes that you do realize that it is already that too late and you have spend up that much. Regret do always come at the end and dont make yoursel
that goes into a point that you had been affected that much or spending tons before you would be minding about on the steps that you are
making.

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November 24, 2023, 01:08:49 AM
 #413

{snip}


You are right, we as people who live in a casino, at least because we play at least 3 times a week because we have some experience with this topic, obviously we handle some control concepts such as autocontrol, tax control and many more , it is something that is sometimes very Easy to say but difficult to execute but it is something that we must keep in mind in casinos, this is something that we must also be very clear about , because every time we play we have to see how much we are going to to play or how much we are willing to lose, we must be prepared to lose, not to win, winning would be the last thing we can assume, however we are people who are always or remain very positive beforehand, we would only consider losing , but the system of A casino will always be given the house advantage and many more things can be done, in that sense we could face and attack the problems by Being intelligent and showing that for anything we should do and maintain that it is what should be done. consider yourself

At some point we would have done things in a casino that should not be done, such as chasing losses, as a normal instinct , it is something that no one can be blamed for having done or tried, because basically when it comes to trying to make us feel good According to our game, the First thing we should or thought about at that time was to recover the money that was previously ours. We did not realize that we had already lost that money, and that each game session is something new that begins, that is why we must be very mature about that, it is not recommended under any circumstances to chase losses , because the safest thing is not to get that money again, but to spend more, things very rarely turn out well for people when they are done that way. , then it is better not to chase the losses and forget the money that was lost, so that the mistakes do not continue.

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November 24, 2023, 09:40:32 AM
 #414

{snip}


You are right, we as people who live in a casino, at least because we play at least 3 times a week because we have some experience with this topic, obviously we handle some control concepts such as autocontrol, tax control and many more , it is something that is sometimes very Easy to say but difficult to execute but it is something that we must keep in mind in casinos, this is something that we must also be very clear about , because every time we play we have to see how much we are going to to play or how much we are willing to lose, we must be prepared to lose, not to win, winning would be the last thing we can assume, however we are people who are always or remain very positive beforehand, we would only consider losing , but the system of A casino will always be given the house advantage and many more things can be done, in that sense we could face and attack the problems by Being intelligent and showing that for anything we should do and maintain that it is what should be done. consider yourself

Yes that's right, this is something that is worth its important role, a lot of easy to say but very difficult to practice, not everyone can do this, even though if they can do this it will be good for themselves who will feel it. With the frequency we play it will spend our money, sooner or later. Because there is no limit that we have so that we always prioritize gambling over other things, even though only defeat is always obtained it does not become a factor to stop because it only thinks of the victory that will be obtained and it is not sure when it will be obtained, if only luck is on the side maybe it will be quick to get the victory but if luck is not on the side until whenever the victory will not be obtained even though pursuing it desperately. If we are ready to accept defeat, it will not be a big problem, but most of what I know gamblers cannot accept the defeat they get so they want to restore the losses that have occurred by playing continuously without thinking about the money that has been lost in a large amount.  They should consider everything they are going to do to avoid addiction, and understand every aspect that must be mastered to avoid addiction.

At some point we would have done things in a casino that should not be done, such as chasing losses, as a normal instinct , it is something that no one can be blamed for having done or tried, because basically when it comes to trying to make us feel good According to our game, the First thing we should or thought about at that time was to recover the money that was previously ours. We did not realize that we had already lost that money, and that each game session is something new that begins, that is why we must be very mature about that, it is not recommended under any circumstances to chase losses , because the safest thing is not to get that money again, but to spend more, things very rarely turn out well for people when they are done that way. , then it is better not to chase the losses and forget the money that was lost, so that the mistakes do not continue.

If they blame the casino for the defeat they get it is unethical,  because basically the casino provides paid games and of course the casino also provides this to enjoy, if they feel disadvantaged why do they play in the casino, and the answer is in themselves, why can't they accept defeat which is certainly the city will always win in the game Obviously the casino also provides this paid game to make money, If they are looking for money in the casino it is wrong,  the right thing they should look for money not in the casino, because if in the casino it is better to look for fun or entertainment by exchanging money for the thrill of the game trip.
Right you say, so that there are no further mistakes they should not chase their losses and forget about the money they have lost due to gambling, because the money has been exchanged for the sensation they feel.

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November 24, 2023, 09:46:25 AM
 #415

Boredom is definitely a danger, people do stupid things when bored as its the opposite of patience.  I would agree its best to change course when unable to think of any valid tactic to proceed with just throwing it all on a random number and hope is a loss that might take down the gains of a whole evening, easy to end up taking stupid risks.  This is true in general not just gambling so good life lesson perhaps.
You are right because boredom can make them do unexpected things, which can put someone at risk. But when we can find things that can kill that boredom, we will be safe and will not do anything stupid. But when we are bored and then play gambling, maybe it can trigger us to use a lot of money because we are not in a good mood and we have experienced a losing streak. It can make us lose a lot of money so we want to recover the loss. So it will be even more dangerous because we are only chasing losses rather than stopping gambling.

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November 24, 2023, 08:56:03 PM
 #416

~snip~
The reason why losses are been chased is because of anger.we are angry whenever we lose,and the money spent on the gambling can even make one have sleepless nights,that is why people try more to recover back the money lost already,which is very risky because it can totally turn out to be bad for you.In chasing loses,it is always two sided,it is either you will win while chasing it,that is,you may recover some of the money or all,while on the other hand,you can end up losing more of your money.
But the chances of winning back your money is always very slim,because you won't gamble with a free mind anymore,it will be out of anger,and that will cause you to lose more.
You are right that everything is fueled by anger caused by the losses we experience. We cannot accept the losses we have received, even if they are consecutive losses. It makes us emotional and want to recover the loss by depositing another amount of money to be able to get the money back. But we don't realize that recovering from those losses means we take a greater risk of losing money. We also forget that the opportunity to recover from the loss is not as big as if we suffered the loss because we could experience an even bigger loss. So we have to think about it more deeply so that we can avoid bigger losses.

Well, therefore, the things we try to do in order to have the best attitude in the game and in a casino, is not to chase losses, I think that the things here when we are in a casino we must have maturity as soon as we get into it. to play, if we know that a casino has its home advantage, it has the weakness of the game and we do not control our Emotions , because from one moment to the next we feel like we are only the kings of the world and the untouchables and that we are never going to lose, if We have that belief, it will go badly for us, we have to consider the things that are probable in a casino site, and among those things we have to also be positive, but we also know that in a casino it is the easiest way there is to lose money , that should not be forgotten, so in this order of going when the emotions are stronger than our own control we are losing a lot , because the emotions are Above us and the biggest consequence is losing money.

When we lose money in any game it is not something that will keep us in a casino, as I have said in previous comments, we must value our money, our 1 dollar that we have left, that small dollar cannot be won, a casino cannot Don't give away even 1 dollar, they take great care of their money, why should we have our money as if it were nothing?  Personally, I quite like earning a dollar, and even though it doesn't represent much, it is better to have even 1 dollar in my pocket than to have nothing, and not even have enough money to buy a soda, if we are going to give it to a casino. , I prefer to give it to a person who is in need or do a work of charity, but not lose it for the sake of losing, or, because it is something that is not fair and the only thing I have seen that can be given , of course is my way of thinking, many They can rule and give a dollar in the cash , not stop him or give him much importance, but I do.


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November 24, 2023, 10:28:45 PM
 #417

Things that every gambler must avoid is playing gambling when they are bored, chasing to return capital and gambling over an excessive time limit.  i have also experienced this, but for now i will not do that again, when i run out of capital that i have set for today, i will stop, i will try to return my capital again tomorrow, because my luck will definitely be different. tomorrow.  The main rule in gambling is don't be greedy and don't chase after returning your capital one day, let it all start again tomorrow. 
This is very correct, playing games out of boredom can sometimes be very irrational because you will definitely not make some logical picks because you are just doing it to keep yourself company or staying out of boredom and this is different when you allocate time to it.

You tend to gamble better with good picks because you have careful and intentionally put your time to it but when doing it out of a spare time to take away boredom, you.may be reckless with it because you may not put the whole of your mind to it, rather you will just make picks and expected luck more like you will be solely luck dependent but when it's done carefully you increase your chances of luck playing out well in your favour.

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November 24, 2023, 10:49:34 PM
 #418

Wtf. That’s a marathon. This is one of the challenges that even legends fall for. You stake your game to simply make a little more and when it cuts, you start trying to recover what was lost. I think one of the things that can initiate the feeling of trying to recover losses is when you gamble with a big amount of money. Because if you gamble with relatively small amount, what’s there to try and recover? If you lose, you’ll simple let the crumbs go and play again (if you want, and with no pressure to recover anything).
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November 24, 2023, 10:54:53 PM
 #419


You are right because boredom can make them do unexpected things, which can put someone at risk. But when we can find things that can kill that boredom, we will be safe and will not do anything stupid. But when we are bored and then play gambling, maybe it can trigger us to use a lot of money because we are not in a good mood and we have experienced a losing streak. It can make us lose a lot of money so we want to recover the loss. So it will be even more dangerous because we are only chasing losses rather than stopping gambling.

The gambler who planned to target the loss in the gambling in the previous game is not the bad idea.But he need to understand the reality,he should improved their own game to chase the old loss in the gambling sites.The luck also should favor the gambler to target the loss in the previous game.The loser of the gambling use to earn more knowledge to the gambling,So the gambler with less knowledge never accept the challenge of the dangerous chasing loss in their game history.The money using in the gambling site was the real money,So the gambler should understand the algorithm of the gambling sites to take the decision of chasing the loss by using real money.
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November 24, 2023, 11:29:42 PM
 #420

Boredom is definitely a danger, people do stupid things when bored as its the opposite of patience.  I would agree its best to change course when unable to think of any valid tactic to proceed with just throwing it all on a random number and hope is a loss that might take down the gains of a whole evening, easy to end up taking stupid risks.  This is true in general not just gambling so good life lesson perhaps.
You are right because boredom can make them do unexpected things, which can put someone at risk. But when we can find things that can kill that boredom, we will be safe and will not do anything stupid. But when we are bored and then play gambling, maybe it can trigger us to use a lot of money because we are not in a good mood and we have experienced a losing streak. It can make us lose a lot of money so we want to recover the loss. So it will be even more dangerous because we are only chasing losses rather than stopping gambling.

If you can find something to kill that kind of feelings inside you and instead of being impatient you manage to use that time
to make something worthy, you may manage to develop good strategy.

Most of the time gambler lost because of doing stupid things and worse after doing it they become aggressive and wanted to quickly recover,

That's where the casino gaining their edge, pushing gamblers to do things unexpectedly and made them lose more money.
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