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Author Topic: Dangerous chasing losses  (Read 2586 times)
Weawant
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November 24, 2023, 10:28:45 PM
 #421

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
 #422

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
 #423


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
 #424

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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November 24, 2023, 11:44:31 PM
 #425

A legend whose won alot needs to develop a broader more positive attitude.  If you lose on any particular day, you call it charity after all you are the winner long term hence your legendary luck and skills to profit overall long term.  Getting triggered and reacting without thought should be a phenomena that occurs less and less as you gain experience and become calmer under stress and games which refuse to ever go your way.   Just seems right to me that time paid, prior games all count for something win or loss.

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November 24, 2023, 11:54:01 PM
 #426

Even if its mere $1 we should never think of recovering it back instantly. We should take a break, because myself lost around $300 just on recovering $2 lost in a roll. Thats really painful, because that was the last dollars left in the wallet to wager and I thought of keeping it for long wager with small amounts. What happened, just lost $2 in a wager and got triggered to recover it. Started to increase the bet value as the bets kept losing. Finally got emptied, so it is good to stay on the safer side knowing our limits as well as avoiding the mentality to chase the losses.
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November 25, 2023, 01:56:53 AM
 #427


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.


Playing a game out of boredom is good, it helps keep one busy but if the game involves staking money, I'll say its not the best remedy for boredom. You can literally slip into depression from that game as you will loose much more than anticipated and in pursuit of what is lost, you'll not be rational in reasoning about the games, before you realise it, you have not only exceeded budget but tampered with other funds meant for alternative stuff.

If you are bored and want to play game, please ensure to leave gamble out of the equation, it is best for both your mental health and your finances as well.


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November 25, 2023, 10:49:29 AM
 #428


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.

So do you think a gambler who chases defeat is a good thing?
But in my opinion this is a bad thing, there is nothing wrong with chasing the losses that have occurred, but keep in mind that if they are like this, they will experience more losses, unless they have very strong luck so that they can get a win that can cover their losses. A gambler who chases his losses may lose more money because of chasing the defeats that have occurred, because emotions cannot be controlled, and there is also no guarantee that they can turn things around with a victory that can cover the defeats that have happened to them.

In my opinion, if they always get defeated at the end of the game, I think they have to realize that their luck is not on their side and they also have to immediately stop for a moment to calm their minds, because if they continue to pursue victory, it can make their minds messy and tend to keep thinking about the defeat that must be returned with the victory that must be obtained, and the victory will not be easy to get, even if they continue to pursue losses it does not guarantee that they can get a victory that can cover their losses, if they are unlucky, they will not get a victory. Skills in gambling also do not have a big effect, no matter how good he gambles in my opinion it will not be able to beat the gambling system that has been set to always win. So in my opinion, only luck will give them victory.

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November 25, 2023, 11:12:26 AM
 #429

A legend whose won alot needs to develop a broader more positive attitude.  If you lose on any particular day, you call it charity after all you are the winner long term hence your legendary luck and skills to profit overall long term.  Getting triggered and reacting without thought should be a phenomena that occurs less and less as you gain experience and become calmer under stress and games which refuse to ever go your way.   Just seems right to me that time paid, prior games all count for something win or loss.

Yeah learning how to handles different outcomes may lead you to a much successful venture inside gambling,  knowing that it isn't everyday luck that may come beside you  but there's always mistakes and always have a bad night, just look on the positive side and try to rest after losing,  with that kind of interpretation you will lessened the chance of losing a lot and worse getting into too much  addiction.

Play with knowledge  and calmness  it helps a lot to avoid making huge mistakes and not to triggered aggressions that can lead you to lose more.

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November 25, 2023, 11:14:40 AM
 #430

Thank you for sharing your story. Many members have do the same thing when they did not have to but did it to serve as a warning to others about even non-regular gamblers can get into trouble. Another warning sign to the average person to look out for is many casinos give free bets in the hope their customers will lose and then start playing with their own money.

When it starts off as being fun but becomes an obsession or compulsion, people should stop. If they cannot stop because they are addicted, they have to seek help from family members or trusted friends.

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.

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November 25, 2023, 11:41:54 AM
 #431


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.

So do you think a gambler who chases defeat is a good thing?
But in my opinion this is a bad thing, there is nothing wrong with chasing the losses that have occurred, but keep in mind that if they are like this, they will experience more losses, unless they have very strong luck so that they can get a win that can cover their losses. A gambler who chases his losses may lose more money because of chasing the defeats that have occurred, because emotions cannot be controlled, and there is also no guarantee that they can turn things around with a victory that can cover the defeats that have happened to them.

In my opinion, if they always get defeated at the end of the game, I think they have to realize that their luck is not on their side and they also have to immediately stop for a moment to calm their minds, because if they continue to pursue victory, it can make their minds messy and tend to keep thinking about the defeat that must be returned with the victory that must be obtained, and the victory will not be easy to get, even if they continue to pursue losses it does not guarantee that they can get a victory that can cover their losses, if they are unlucky, they will not get a victory. Skills in gambling also do not have a big effect, no matter how good he gambles in my opinion it will not be able to beat the gambling system that has been set to always win. So in my opinion, only luck will give them victory.
The idea that gambling doesnt require talent is false. Luck is important, but pro gamblers use techniques and statistical analysis to win. A set-to-always-win gambling system simplifies gambling games, many of which allow skillful play.

Gambling is not just luck; psychological factors are also involved. Controlling emotions, risk assessment, and making decisions under pressure can affect results. Not just chasing losses but knowing when and how to play. Dismissing gambling talent is like disregarding the differences between beginners and pros.

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November 25, 2023, 11:50:09 AM
 #432

A legend whose won alot needs to develop a broader more positive attitude.  If you lose on any particular day, you call it charity after all you are the winner long term hence your legendary luck and skills to profit overall long term.  Getting triggered and reacting without thought should be a phenomena that occurs less and less as you gain experience and become calmer under stress and games which refuse to ever go your way.   Just seems right to me that time paid, prior games all count for something win or loss.
this is if you are already a legend  but what if you are new in this business that
 you have no Idea what and how to handle your gambling activities  then for sure you will end up being a loser then .
chasing losses is what we love to do as gambler (or new gambler I mean)
How many of us experienced this? I believe 99% if not all right? because to chase is to have chance of
winning again things that is so hard to achieve  in gambling world and yeah i have
 experienced that many times before.

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November 25, 2023, 12:03:20 PM
Last edit: November 26, 2023, 11:25:08 AM by Jody.Drummer
 #433

So do you think a gambler who chases defeat is a good thing?
But in my opinion this is a bad thing, there is nothing wrong with chasing the losses that have occurred, but keep in mind that if they are like this, they will experience more losses, unless they have very strong luck so that they can get a win that can cover their losses. A gambler who chases his losses may lose more money because of chasing the defeats that have occurred, because emotions cannot be controlled, and there is also no guarantee that they can turn things around with a victory that can cover the defeats that have happened to them.

In my opinion, if they always get defeated at the end of the game, I think they have to realize that their luck is not on their side and they also have to immediately stop for a moment to calm their minds, because if they continue to pursue victory, it can make their minds messy and tend to keep thinking about the defeat that must be returned with the victory that must be obtained, and the victory will not be easy to get, even if they continue to pursue losses it does not guarantee that they can get a victory that can cover their losses, if they are unlucky, they will not get a victory. Skills in gambling also do not have a big effect, no matter how good he gambles in my opinion it will not be able to beat the gambling system that has been set to always win. So in my opinion, only luck will give them victory.
The idea that gambling doesnt require talent is false. Luck is important, but pro gamblers use techniques and statistical analysis to win. A set-to-always-win gambling system simplifies gambling games, many of which allow skillful play.

Gambling is not just luck; psychological factors are also involved. Controlling emotions, risk assessment, and making decisions under pressure can affect results. Not just chasing losses but knowing when and how to play. Dismissing gambling talent is like disregarding the differences between beginners and pros.

For the problem of professional gamblers maybe I will agree with your idea, it is true that they have an unusual way, they are not careless in every bet, always do calculations at the beginning to consider what the best decision they should take later or under certain conditions, but on the other hand I think the method used by professional gamblers is more referring to precautions to minimize and only a little effect on increasing the chances of victory or luck. Of course, because even though they are professionals, it does not mean that they will avoid the risk of losing, therefore, as I said, the way they do it refers more to some precautions to minimize.

For that problem, I honestly agree with you, although in general as we know that luck is very important in gambling to determine the appropriate results but on the other hand we can slightly enlarge the luck to be more certain, one of which is if you have won then it is better not to be greedy and secure the victory. Psychological and emotions are obviously involved there, you should be able to minimize that.

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November 25, 2023, 03:43:15 PM
 #434

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.
If a gambler targets his losses and intends to recover them, he will find it difficult to get his money back because this is in gambling, where the opportunity to get more and more losses will be there. He must be aware that recovering his losses will require a lot of money and it also does not guarantee that he can recover his losses. So he should be able to learn from his previous defeat so that he doesn't think about recovering from his loss again and can accept his loss. Accepting this loss seems difficult for gamblers who lose, so they still intend to try to recover their losses at another time, but the result will be the same and may even increase the number of losses even greater. But even if they can get a win, they won't be able to break even from their previous loss because their losses have become bigger without them realizing it.

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.
That is why we must be able to use our free time as well as possible and not use gambling to fill our free time more often because that will only make us fall deeper into gambling. We will think that there are no other activities at our disposal that would interest us so we will return to gambling more often. This will clearly make us want to gamble even more without any intention of reducing our gambling activities.

When they are in the casino, they see so many interesting things that it makes them stay in the casino longer and use more money to gamble. They even spend more time gambling when it is time to resume their activities again.

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November 25, 2023, 03:54:07 PM
 #435

I can certainly relate to the struggle of chasing losses when gambling.  It's a slippery slope that has trapped me in the past as well.  In the heat of the moment, with emotions running high, it's easy to convince yourself that you can win back what you've lost if you just keep playing and  however, that rarely pans out.  More often than not the hole only gets deeper. 

Ive learned the hard way that it's critical to set a strict budget and stop as soon as you reach it.  Win or lose.  Walking away at that point takes discipline, but it saves you from financial and emotional turmoil down the road.  Gambling should be fun, not a means to financial gain or a way to claw your way back to even.  Approaching it with that mindfulness helps keep things in perspective.  Enjoy the thrill of the game, but keep your head clear enough to disengage when the time comes. 

R


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November 25, 2023, 03:58:43 PM
 #436

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.

My game start by just betting minimum bet on a blackjack table with my initial deposit of 85$ which is my signature campaign earning last week. I lose my initial bank roll with just few bets on consistent losses. I decided to deposit again but this time with higher bankroll which is 250$. I bet twice the minimum bet this time since my bankroll is higher, the result is much terrible loss.

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.
Winning at Blackjack depends on your luck, the better random cards you get and the closer you are to 21 points the more likely you are to win. It's much riskier when you play against a system. Because a system cannot be fully trusted. For this I suggest you to play Live Blackjack here you will get the correct random cards which will ensure your winning chances much higher. If you quit gambling and don't play anymore it will be good for you but if you go back there to play blackjack then playing live games can reduce your losses a lot.



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November 25, 2023, 08:40:59 PM
 #437

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).

Quote
"average down" or trying to reverse a profit after a loss

from what I have read so far, only a few people are successful in doing this, they will definitely run out of their money first, they will fail before they get back the money they lost at the start of gambling. For this reason, many professionals recommend gambling only with the money you bring to the gambling table, don't reduce it or exceed it, if you run out then go home, and continue again tomorrow, Everyone's desire to gamble is actually the same, but only a few are successful in managing it well and the losses don't get worse.


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November 25, 2023, 09:07:18 PM
 #438

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.

My game start by just betting minimum bet on a blackjack table with my initial deposit of 85$ which is my signature campaign earning last week. I lose my initial bank roll with just few bets on consistent losses. I decided to deposit again but this time with higher bankroll which is 250$. I bet twice the minimum bet this time since my bankroll is higher, the result is much terrible loss.

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.

Chasing Losses is exactly what has kept many gamblers where they didn't expect to be today. Not everyone gets lucky when chasing their losses because instead of recovering, you'll find yourself losing more and more until it gets to the point that you can no more accept defeat, you look back to your history and find out you've lost more than you planned to in the course of chasing your loses, and if you don't get a hold of yourself, you end up ruining not just your day, but your plans for the future, if not your life. This is the actual reason it's very important for every gambler to have a gambling limit, whether you're gambling for fun or not. Many gamblers who lost huge amount of money didn't really plan to go gamble, some just wanted to try it out for fun, or maybe you just went with a friend to a casino and then you find yourself rolling and loosing.

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November 25, 2023, 09:27:31 PM
Merited by Twentyonepaylots (1)
 #439

     -   Most gamblers know that, in truth, that's why they continue to do that style. Now the question is, why? That's because the addiction
is already there.

Since the addiction that has become the root of everything is there, they really can't get rid of that kind of always-chasing after losing because they think they can still recover their losses that have reached a large amount. But, as much as possible, don't get used to this behavior.
Gambling addiction can come on suddenly and without anyone realizing it. Many gamblers have experienced this, but the levels of gambling addiction also vary, so some gamblers can still control themselves when gambling. Only the awareness that they have started to experience a gambling addiction can make them see the fact that the gambling addiction is already within them, and they must try to suppress the gambling addiction so that it doesn't get bigger. And if they are still trying to recover their losses, the gambling addiction can become bigger without them even realizing it. That is why we must have good self-control so that we can understand that in gambling, we do not need to try to recover losses or chase bigger wins.
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.

Yes, you are not in the right mindset because all you want is to get back the money you lost and in this situation, your money will be used up especially if you rush into the actions you are doing. We are talking about gambling here, it is difficult to recover the loss when it comes to gambling. That's why it's called gambling because we don't know what will happen, we just hope for luck. So let's think carefully, be calm in any situation so that your money doesn't run out. Because if you rush and anger dominates you and you don't control your emotions, you will just run out of money.

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November 25, 2023, 09:58:21 PM
Merited by Twentyonepaylots (1)
 #440

Yes, you are not in the right mindset because all you want is to get back the money you lost and in this situation, your money will be used up especially if you rush into the actions you are doing. We are talking about gambling here, it is difficult to recover the loss when it comes to gambling. That's why it's called gambling because we don't know what will happen, we just hope for luck. So let's think carefully, be calm in any situation so that your money doesn't run out. Because if you rush and anger dominates you and you don't control your emotions, you will just run out of money.

It is indeed that the person who is chasing losses in not in his proper mind set.  It is highly possible that he is engulf with worries that he will be lacking fund in the next day so he tried his best to recover his losses that ends up losing more money to gambling.

No matter how much we had lost in gambling we should cool our head and retain our sanity because chasing losses is proven to be devastating especially when luck isn't in our side.
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