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Author Topic: Focus on how much you may lose and not only the potential win.  (Read 2092 times)
Juse14
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January 04, 2024, 09:37:09 PM
 #81

in fact the more ambitious you are to win, the more difficult it will be for you to get that win.
If someone is running after chasing the wins, I guess they are likely to lose their bankroll so fast.

And that's a fact, and I've also experienced this, that at that time, at the start of the game I got a pretty big win. And stupid as I was, I didn't end the game and withdraw the winnings. At that time I acted silly by deciding to continue the game, because I thought that luck was on my side and I thought that this was a good start for a better final result. I am ambitious to get a bigger win than before, so I decided to increase the bet amount and increase the nominal amount. And what happened next? The money from the previous winnings ran out, I went back into gambling and because I was still curious and still thought that luck was still there, I turned the money in my wallet around again to make a deposit. And in the end, the money from the winnings was lost, and the contents of the wallet were also drained.

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Zoomic
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January 04, 2024, 09:40:12 PM
 #82

A full understanding of this topic will help people to stop chasing profits unnecessarily. The eagerness to make profit at all cost makes people to keep pumping money into gambling even when it is obvious that the profit they are chasing isn't forth coming. And if they eventually make one win, they stake more money to win more and the cycle continues. Sometimes people might tag it as greed (which is correct in most cases). It usually starts when the gamblers involved begin to see gambling as a ticket to wealth. If they do not call themselves to order, they will gamble away all they have gathered so far. Gambling is sweet if played well but if you do not play your cards well, you will regret knowing about gambling in the first place.

On the one hand, we are talking about loss control. On the other hand, if a person thinks about losing, it will be more difficult for him to win, because winning in gambling is associated with great risk. So we are faced with a dilemma - to fear losing or to take risks. Sometimes winning comes when everything is at stake

We understand that gambling is all about taking risks but what we are against are extreme gambling measures taken by a gambler which are not healthy at all. Yea, we all have to take risks, it is even riskier if a gambler gambles with amounts he can never afford to lose. He will weep over that money for days. Where then is the fun in gambling? There are still persons though who can gamble with lots of money and still not feel the impact if they eventually lose. Everyone knows their capabilities,  therefore they should take risks according to their individual abilities. Anything more than this becomes a problem. A gambler who cannot afford to lose his money after every gambling session should work on having other sources of income.

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Sandra_hakeem
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January 04, 2024, 09:51:05 PM
 #83

Why would you think any gambler would pile up his lost tickets, just to accumulate the value of what he's spent over what he's won, at a period of time..? This can't even cross up on their minds since they've got so many motivational quotes - which they themselves would use to enslave anyone that chose to listen to them...

I read a review on one of the newest casinos and I was shocked to know what they're being told... I don't even know what words to use but,..that was the worst CAP I've ever seen online.. the way they laid too much emphasis on immediate wins after deposit was terrific... Nobody said anything about KYCs, terms of operation etc....

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January 04, 2024, 10:05:05 PM
Last edit: January 05, 2024, 09:23:33 PM by AmoreJaz
 #84

We'd rather not gamble if we think about how much we lose as I believe we are not desperate enough but rather think of a way to win.

Gambling responsibly is very important not just to avoid big losses but also, we are controlling ourselves from being greedy. Many gamblers think that if we gamble more, we are increasing our chance of winning. Well, that can be true but not all the time because this will also increase our chance of losing. That is why we should stick to our plan and the said limitations.


well, how many gamblers do you think are successful on this? so yeah, that says a lot already when it comes to gambling. thus, if you are not ready to face the worst case scenarios here, better moderate your gambling activities or just totally eradicate this on your mind. this is all on you when it comes to your decision for something entertainment and fun

I would argue that some people will think this will be counterproductive idea because focusing on loses will make you pause a lot - so it may kill your gambling mood and chance. They definitely have a point. But its quite safe to point out, most of gamblers are not millionaires so they definitely need to do budget experience safe gambling lifestyle. It can be lot more enjoyable to gamble if you see your budget staying balanced even if you regularly lose.

absolutely! you will enjoy playing knowing that you are not in debt from someone else and you are just using your own money not compromising anything of your household expenses.
on the note of focusing on losses, so what's the purpose of playing and enjoying your games if you are depressed of your losing side? you will just make yourself sick thinking about your losses.

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Issa56
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January 04, 2024, 10:07:14 PM
 #85

There's this thought that am sure almost every gambler that have won a bet before must have had. which is the thought of "had I knew this game was going to win  I would have used bigger amount of money to wager".
That’s the problem, when you are gambling and you only place bet on a game with just small amount of money, most gamblers do get annoyed and do wish they gambled with bigger amounts of money, but the funniest part is that, when you decided to increase the amount you are gambling with, then you might not even win again. I think things like this happen to most gamblers. When gambling you have to be satisfied with any amount of money you win, if you are in hurry to make money, then what you will be losing will be more than what you will be winning, so don’t be in a rush.

A situation where the stake for the bet he won was $1k, the next statement you hear is how wish I knew I would have staked with $5k. The question is, the $5k is it an amount of money that you can be comfortable losing or it's just out of greed that you are not contented with the win amount the $1k gave you.
Let’s me honest, most gamblers don’t gamble with the amount they can afford to lose, just few gamblers won’t be affected if they lose in gambling, most people just want money from gambling, and they do everything just to win a huge amount of money in gambling, they believe if they gamble with little amount of money, then there win will be kind of small, so they prefer gambling with big amounts of money.

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Assface16678
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January 04, 2024, 10:22:52 PM
 #86

We'd rather not gamble if we think about how much we lose as I believe we are not desperate enough but rather think of a way to win.

Gambling responsibly is very important not just to avoid big losses but also, we are controlling ourselves from being greedy. Many gamblers think that if we gamble more, we are increasing our chance of winning. Well, that can be true but not all the time because this will also increase our chance of losing. That is why we should stick to our plan and the said limitations.


well, how many gamblers do you think are successful on this? so yeah, that says a lot already when it comes to gambling. thus, if you are not ready to face the worst case scenarios here, better moderate your gambling activities or just totally eradicate this on your mind. this is all on you when it comes to your decision for something entertainment and fun
Exactly. I don't know why many people or gamblers think that gambling can be a form of source of income, which is really not true. Yes, you can win in gambling; you can hit a jackpot if you are lucky enough, but it shows that in gambling you will lose more than what you can earn from the winnings.

Gambling will never and ever be a subject for earning money. You might be lucky and your life could turn on the other side, but we all don't have that kind of luck, and not all have the luxury to gamble frequently. So instead of focusing on how you will win, it's better to notice how much you can lose. In short, don't gamble if you know your standing in life; if you know that you can't just afford to lose money, gambling is a serious thing. It can be for fun and entertainment, but no one will be happy if he or she is not ready for losses.

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January 04, 2024, 10:29:05 PM
 #87

It's a delicate balance between the two really. The characteristics of a responsible gambler depends upon how he takes care that he reduces his losses while maximizing the wins that he claims. And sometimes breaking even is still considered a win especially in situations where you're in a massive lose streak.

I myself have this system where I only ever play under three wins/three losses rules, where I immediately stop playing as soon as I hit three losses or three wins. That way I can minimize whatever potential loss that I have if it's a bad day and I really can't catch a win, or I can secure my wins if it's a pretty lucky day and I get wins. In most cases I only ever break even which is still good as it means I have my bankroll saved for the next gambling session without me having to top it up again, saving my pocket from extra spends that is budgeted anyway, but I digress.

Your tip OP is very helpful especially for gamblers who are starting off in the ways of responsible gambling but aren't really sure on how to take the path. Most of us here struggle with figuring out what is wrong and what is right to do as a starting responsible gambler especially if we came from irresponsible gambling ways but posts like these are surely helpful.

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January 04, 2024, 10:58:47 PM
 #88

That’s the reality when gambling. We often chase bigger profits when we experience winning but we don’t really think that if gambling is capable to make us win, then it’s also capable to make us lose even bigger than the amount we have won. Although I believe majority of the gamblers do not just gamble for fun but mostly to earn a living, but let’s also be realistic that gambling can also make us lose instantly and used up all our funds before we can hit a big win.

I believe gamblers will only realized this if they have made unbearable losses. I just hope that it won’t be too late for gamblers to think on that.

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January 04, 2024, 11:02:09 PM
 #89

It's better to focus on how to win and be positive for it helps to see better choices while you are already in a situation.

But if you have not started gambling yet, it's best to just not gamble and just wait til you have some extra to wager. I know it's very tempting to just wage a big amount to win a big amount but when you know you have no such amount. Just be with the small amount and maybe try the parlay to win big.
Yes, of course sir, don't be too pushy, especially app or digital gambling. including gambling that is full of mystery sir, technically it can win in small amounts continuously as a small prize and when spending large capital it loses, the more you lose the more curious you are to add and drain more money and savings even though gradually. If gambling offline or with friends in the real world (reached by mutual predictions) not with the developer who owns the game app, of course it is more likely because the chances are the same that one of them can win, even though the friend can have the potential to win continuously Cheesy
====================================
For expert class games only games and some users may have security betting on online sites and offline places, yes all there is freedom to bet anywhere, that financial management is very important to keep expectations not too wild.


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January 04, 2024, 11:05:36 PM
 #90

As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.

Lol, why gamble if you will always think what are we about to lose? Stop gambling as that thinking was a distraction.

Instead, why not just be responsible whether we are winning or losing? Let's say you hit that juicy win, learned how to stop, and take a break. Enjoy and cash out some winnings. On the other hand, if now on a losing streak, also learned how to stop and take a break as well.

If you are playing on luck-based games, have that disciplined rather than to think what we are about to lose.
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January 05, 2024, 04:57:13 AM
 #91

As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.

Lol, why gamble if you will always think what are we about to lose? Stop gambling as that thinking was a distraction.

Instead, why not just be responsible whether we are winning or losing? Let's say you hit that juicy win, learned how to stop, and take a break. Enjoy and cash out some winnings. On the other hand, if now on a losing streak, also learned how to stop and take a break as well.

If you are playing on luck-based games, have that disciplined rather than to think what we are about to lose.
Mate maybe you don't get it, putting it in mind that you can also lose your game is simply another form of aiding a gambler in  being a responsible gambler, if the mindset is predicated on win win win alone then it's very possible that just a few series a streak of losses can affect such gambler emotionally which can make him to start chasing the losses based on his win dominated mindset alone, and this could lead to irresponsible gambling in the course of loss chasing.

As we set our mind on winning we should also forget that the losing in gambling is easier to frequently occur than the winnings we are heavily focused on. It is  admirable to go with a win mindset due to how it can influence our luck for the day based on our believe but having it in mind that losses is also a path of the game makes it simple to deal with the both outcome any that be.

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January 05, 2024, 05:22:25 AM
 #92

As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.

Lol, why gamble if you will always think what are we about to lose? Stop gambling as that thinking was a distraction.

Instead, why not just be responsible whether we are winning or losing? Let's say you hit that juicy win, learned how to stop, and take a break. Enjoy and cash out some winnings. On the other hand, if now on a losing streak, also learned how to stop and take a break as well.

If you are playing on luck-based games, have that disciplined rather than to think what we are about to lose.
I agree that whether we win or lose, we need to know when to stop and when to continue, if you think you've had enough and/or it will have a bad impact if you continue.

If it is to limit losses then before gambling we only need to make a budget for gambling, and that is your limit for gambling, so don't think anymore "how much money can you lose in gambling because you have previously made a budget".

you are right, and gambling on lucky-based gambling, winning is a bonus, and on average you will find more losses than winnings there, don't occasionally think about losses so that your thoughts pressure you to chase losses which will basically put you into the abyss of addiction. and lose more.

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January 05, 2024, 05:34:59 AM
 #93

~snip~
well, how many gamblers do you think are successful on this? so yeah, that says a lot already when it comes to gambling. thus, if you are not ready to face the worst case scenarios here, better moderate your gambling activities or just totally eradicate this on your mind. this is all on you when it comes to your decision for something entertainment and fun
Hahaha, of course there will be very few because most of what gamblers think about is how big win or profit they can get, some of them will think and focus on fun or entertainment.
Thinking about losing will only make gamblers carry out various stupid actions which can very possibly bring problems and difficulties, imagine if think about how much will lose.
Wouldn't that just make regret it and try to recover because no gambler can accept it when they find out that their losses are very big, this happens not only to small gamblers but also to rich gamblers.

One of the right actions is to limit all gambling activities by having control, management and regulation of the money and time used for gambling, gamblers will feel the benefits of having such an attitude.
I know that stopping gambling completely is not an easy thing to do, but reducing the intensity of gambling is still very possible and we must try to do it.
We gamble using money that we have earned through hard work or business, so we must be able to maintain financial stability and really avoid efforts that are very detrimental in the long term.

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January 05, 2024, 05:46:50 AM
 #94

Let's imagine for a moment that you can bet say $0.20 bets for 1 hour and then suddenly increase the bet size to say $5 to win a much bigger jackpot, would it not bankrupt the casino, if that worked every time. Huh

The system unfortunately does not work that way, each bet is unique and it has nothing to do with the previous bets or your future bets. Sport betting is a bit different, because your odds and your bet size determine the amount you win.

You do not know what the outcome will be, so you take a risk on the odds to place your bet. If your odds are 30:1 ...would you have taken the risk to bet a higher amount?

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January 05, 2024, 05:51:39 AM
 #95

As gamblers let not focus all attention on the amount that we may by chance of luck win but on what we are to lose should we fail to win the bet, in that way we won't spend on gambling above what we can afford to lose.

Lol, why gamble if you will always think what are we about to lose? Stop gambling as that thinking was a distraction.

Instead, why not just be responsible whether we are winning or losing? Let's say you hit that juicy win, learned how to stop, and take a break. Enjoy and cash out some winnings. On the other hand, if now on a losing streak, also learned how to stop and take a break as well.

If you are playing on luck-based games, have that disciplined rather than to think what we are about to lose.
Mate maybe you don't get it, putting it in mind that you can also lose your game is simply another form of aiding a gambler in  being a responsible gambler, if the mindset is predicated on win win win alone then it's very possible that just a few series a streak of losses can affect such gambler emotionally which can make him to start chasing the losses based on his win dominated mindset alone, and this could lead to irresponsible gambling in the course of loss chasing.

As we set our mind on winning we should also forget that the losing in gambling is easier to frequently occur than the winnings we are heavily focused on. It is  admirable to go with a win mindset due to how it can influence our luck for the day based on our believe but having it in mind that losses is also a path of the game makes it simple to deal with the both outcome any that be.


It create illusion in our brain when we win many game's at a serial time. That illusion creat that we going to win the next bet. Thes the reason may losses. Especially the losses is big amount. For that reason play it on cold mind don't fall into illusion because illusion gives you over confident and because of that confident you play big amount of that reason your losses is big. That's the reason play safely. Don't fall into illusion play safely and make dayly profit and loss limit.

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January 05, 2024, 08:28:55 AM
 #96

I agree with your assumption, I think the fact is that it is true that however in gambling if you try too often with the aim of chasing something that has been lost or chasing the break-even point then the number of losses will be more, hmm yes maybe they think that by doing a lot of experiments then they will get a lot of wins or even with large amounts, but the fact is that it is very wrong if you apply such an approach to gambling which basically does not have any certainty for the results.
The randomness of how  gambling works really makes it difficult for gamblers to win, but you can't do anything about it and you can only accept the fact that the number of losses is increasing. Cashing out when the situation is really lucky is the thing that must be chosen, how can you sacrifice the obvious  victory you get with something bigger but still does not have any certainty? Awareness must really be emphasized so that you can choose the right thing especially when such situations rather than applying greed.
That's what will happen to people who create various methods to win. They will always test their methods to find a suitable method to win the gambling game. But even after they see it, the method can only be used once, and after that, the method can no longer be used to win. And they also have to look for other methods to give them another victory. It will be an experiment that they continuously do to try to win, so if they don't realize it, they will only experience more losses.
Meanwhile, they can also run out of money before they can get that win, even though they still have many other methods that they have to test. When gamblers can win, perhaps the gambling game machine will make algorithm changes that the gamblers don't know about, making the gamblers continue to test the method. But if gamblers could know and calculate how much money they have used for gambling, those who were wise would immediately stop gambling and would not continue because they had almost reached their limit. But not for those who don't want to know how much money they have used because they still want to try to get another win.

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January 05, 2024, 08:47:27 AM
 #97

Lol, why gamble if you will always think what are we about to lose? Stop gambling as that thinking was a distraction.

Instead, why not just be responsible whether we are winning or losing? Let's say you hit that juicy win, learned how to stop, and take a break. Enjoy and cash out some winnings. On the other hand, if now on a losing streak, also learned how to stop and take a break as well.

If you are playing on luck-based games, have that disciplined rather than to think what we are about to lose.
Simple mindset when gambling keep away from loss although we can't hidden our self from losses, but its not really good more confidence when gambling have mindset will win and make us on pressure position until loss much money but still not get winning yet. I agree with you not get bad mindset with gambling always loss, some time have lucky moment and based on ten or twenty try success huge amount in one time will close or recovery with how much loss.
Talking about discipline in gambling not easy because many gambler become greedy when winning position, can't get limit for how much use to bet and how much need to withdraw before losses all winning fund.

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January 05, 2024, 09:33:52 AM
 #98

in fact the more ambitious you are to win, the more difficult it will be for you to get that win.
If someone is running after chasing the wins, I guess they are likely to lose their bankroll so fast.

And that's a fact, and I've also experienced this, that at that time, at the start of the game I got a pretty big win. And stupid as I was, I didn't end the game and withdraw the winnings. At that time I acted silly by deciding to continue the game, because I thought that luck was on my side and I thought that this was a good start for a better final result. I am ambitious to get a bigger win than before, so I decided to increase the bet amount and increase the nominal amount. And what happened next? The money from the previous winnings ran out, I went back into gambling and because I was still curious and still thought that luck was still there, I turned the money in my wallet around again to make a deposit. And in the end, the money from the winnings was lost, and the contents of the wallet were also drained.

     -   I think you are not the only one who has experienced something like that; I have also experienced it, but maybe the difference between us is that I was able to stop immediately. I know the feeling that we haven't been playing for 5 minutes, and after just a few rounds of betting on the slot games, I immediately hit the jackpot combo, which brought the total winnings to 142 dollars, because I was still like a snake in my gambling fun. I continued.

Then, when I noticed that what I won was decreasing, I said that if I win again, I will stop, and when I saw that my balance was only 96 out of 142, I suddenly won an additional 65. So the total winnings that I took out were also about 150 dollars that I brought home. So it is also important that we really have discipline within ourselves.

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January 05, 2024, 09:55:49 AM
 #99

And that's a fact, and I've also experienced this, that at that time, at the start of the game I got a pretty big win. And stupid as I was, I didn't end the game and withdraw the winnings. At that time I acted silly by deciding to continue the game, because I thought that luck was on my side and I thought that this was a good start for a better final result. I am ambitious to get a bigger win than before, so I decided to increase the bet amount and increase the nominal amount. And what happened next? The money from the previous winnings ran out, I went back into gambling and because I was still curious and still thought that luck was still there, I turned the money in my wallet around again to make a deposit. And in the end, the money from the winnings was lost, and the contents of the wallet were also drained.

     -   I think you are not the only one who has experienced something like that; I have also experienced it, but maybe the difference between us is that I was able to stop immediately. I know the feeling that we haven't been playing for 5 minutes, and after just a few rounds of betting on the slot games, I immediately hit the jackpot combo, which brought the total winnings to 142 dollars, because I was still like a snake in my gambling fun. I continued.

Then, when I noticed that what I won was decreasing, I said that if I win again, I will stop, and when I saw that my balance was only 96 out of 142, I suddenly won an additional 65. So the total winnings that I took out were also about 150 dollars that I brought home. So it is also important that we really have discipline within ourselves.
I believe that most gamblers have faced a similar situation. Especially if you enjoy gambling, you might always have experienced winning at the beginning of the game. Still, as you continue playing, you notice that your balance is decreasing rather than increasing.

In this type of situation, it is crucial to withdraw your initial deposit immediately, and only continue playing using the money you have won. This approach will help you avoid losing all your money, especially if you lose control of your emotions, which could lead to losing everything.

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January 05, 2024, 10:10:03 AM
 #100

I don't focus on either. If you win it means a celebration. If you lose, I have to take a break from gambling so that my emotions cannot be controlled to gamble. I think this is enough. I won't look at my winnings and losses, sometimes it makes me want to keep playing or even adds to my despair if I lose more. just enjoy this game as much as possible to get pleasure, not to get rich.

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