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Author Topic: Gambling mistake repeated by the gamblers  (Read 4208 times)
Shamm
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April 06, 2024, 06:08:11 PM
 #501

Greedy:
The gambler should avoid of the greediness in the gambling after the continuous gambling winning.The gambler should try to withdraw the funds from the gambling site after the good winning in the gambling site.Many loss the capital by doing high betting and random betting with the positive wipe with more winning.The most of the successful gamblers may skip greedy in their betting.

Greed in gambling doesn't end well most of the time. It doesn't mean we can aspire for bigger wins but we must learn to know when to walk away with our wins.

Also, greed makes people gamble with more than they're supposed to. It's common knowledge that the higher the stake, the higher the win, but we don't have to stake with more than we can afford to lose simply because we want to win big. 
When gamblers get greedy like this, they start to lose money, and that greed won't let them walk away because they want to win it back, by so doing they've started chasing their losses, and we all know how horrible things get when you've started chasing losses.

Greed is our dearest enemy once we are in gambling. Cause it is proven and tested by other gamblers that once we have a big balance in our bankroll then sometimes greed will take over us and also when we let it take over us  then there's a chance that we will loss our money cause we will put a big bet aiming that we will win big amounts without knowing that we will slowly loss our balance and sometime our balance will become Zero if we can't fight our greed. So it is very important to fight our greed in order to prevent more losses.

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Accardo
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April 06, 2024, 08:01:10 PM
 #502

You are right in general, but in fact chasing losses can be bad only if gamblers have no control over their actions. Chasing losses can fun too, you know. If you know when to stop and if you can make yourself stop before you lose more than you can afford to lose then there's nothing wrong with chasing your losses if that makes you entertained.
To me though, I feel like chasing losses is the same as being greedy or that it's under that term. But you're right about how you can stop it from happening to you, most of the time, weak self-control or the lacking of it is the common reason as to why most people succumb to this problem. I don't like the idea of you advocating that chasing losses is a fun thing to do because there's an off chance that some numb nut will get it out of context and now you end up with a dimwit losing money because they thought that it's a good idea to do just that, I don't mind the idea of being entertained but I guess you can get away with it if you've got the discipline to do what needs to be done.

I think he has a different perspective for saying that chasing loss is fun. Depending on the self-control game of the gambler, he could be working towards stopping after a few minutes of chasing loss. But that's quite risky because a minute could change against the gambler, and he'd realize his mistakes after he's done it. Joking with something as wrong as chasing loss, should be carried out carefully. And done once in a while. Regulating it is fun, but recklessly gambling compulsively is quite too bad for any gambler. If a gambler is not sure about his self-control, he shouldn't test out this method. Building a strong self-control can be done with other activities like stopping alcohol. Putting ourselves to the test and discovering if we'd be able to adjust to some things we love doing, trying not to do it after a few months. This self-control will then gradually be implemented in gambling. Thereby creating a healthy gambling environment for the gambler, such that he'd easily navigate through his chasing losses behavior to a stop whenever he wished.

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April 07, 2024, 02:06:47 PM
 #503

Greedy:
The gambler should avoid of the greediness in the gambling after the continuous gambling winning.The gambler should try to withdraw the funds from the gambling site after the good winning in the gambling site.Many loss the capital by doing high betting and random betting with the positive wipe with more winning.The most of the successful gamblers may skip greedy in their betting.

Greed in gambling doesn't end well most of the time. It doesn't mean we can aspire for bigger wins but we must learn to know when to walk away with our wins.

Also, greed makes people gamble with more than they're supposed to. It's common knowledge that the higher the stake, the higher the win, but we don't have to stake with more than we can afford to lose simply because we want to win big. 
When gamblers get greedy like this, they start to lose money, and that greed won't let them walk away because they want to win it back, by so doing they've started chasing their losses, and we all know how horrible things get when you've started chasing losses.

Greed is our dearest enemy once we are in gambling. Cause it is proven and tested by other gamblers that once we have a big balance in our bankroll then sometimes greed will take over us and also when we let it take over us  then there's a chance that we will loss our money cause we will put a big bet aiming that we will win big amounts without knowing that we will slowly loss our balance and sometime our balance will become Zero if we can't fight our greed. So it is very important to fight our greed in order to prevent more losses.

Indeed right, when you still seeing balance inside your bankroll you mostly thinks that you'll capable to make things profitable unknowingly doing something that already hurting your balance to the point that you already lose everything, you keep doing that same mistake as greed mostly dominated us, hoping and aiming for big profits instead of being contented with some amount of money that you already earn,.

Always best to know and understand how to things works and how will you adjust for the betterment of the outcome of your game, it's your decision making that keeps you repeating same mistake over and over.

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April 07, 2024, 03:57:55 PM
 #504

Indeed right, when you still seeing balance inside your bankroll you mostly thinks that you'll capable to make things profitable unknowingly doing something that already hurting your balance to the point that you already lose everything, you keep doing that same mistake as greed mostly dominated us, hoping and aiming for big profits instead of being contented with some amount of money that you already earn,.

Always best to know and understand how to things works and how will you adjust for the betterment of the outcome of your game, it's your decision making that keeps you repeating same mistake over and over.

Well, personally I have Always had something, if you start thinking about the bankroll, well yes, you say that it is quite difficult to spend Everything , and in truth it happened to me many times that when I played dice Well, all my balance was going away and it was going away quickly, that was Something impressive, so then you have to be in the casino Because you have to control it, the truth is if you follow my strategy of only spending a small Portion of the money, which is not It affects our daily life and it is the only best thing that can be done, of course that can be said as the money that one is willing to lose is the one that has to be put to play, in reality I do not Believe that things will Happen that way.

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April 08, 2024, 10:14:44 PM
 #505

Indeed,  and that's why casinos are everywhere knowing that bad habits from most gamblers they will keep that edge against the greed of every gamblers who failed to control their emotions,  something that really gave the casino a big advantage as even sometimes a gambler already have decent amounts of earnings instead of quitting and enjoy the money  they win push forward trying to earn more.

Then the losing steaks will come out and little by little sucked back the money, with frustration and aggressiveness instead of making money,  gambler will Yolo bet and regret everything after.
Humans are very irrational by nature, so even if a person knew that it is impossible for them to beat the casinos, if they get lucky and they win a lot of money, they may begin to think that it is possible for them to get those results all the time, so instead of just being grateful for what they have, they get greedy and increase the size of their bets thinking they cannot lose, and as it is easy to guess such stories very rarely have a happy ending, since there is no person that can get lucky all the time.

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April 08, 2024, 10:49:07 PM
 #506

Greed is our dearest enemy once we are in gambling. Cause it is proven and tested by other gamblers that once we have a big balance in our bankroll then sometimes greed will take over us and also when we let it take over us  then there's a chance that we will loss our money cause we will put a big bet aiming that we will win big amounts without knowing that we will slowly loss our balance and sometime our balance will become Zero if we can't fight our greed. So it is very important to fight our greed in order to prevent more losses.

Alot of gamblers are greedy, they aren't satisfied with the profits they have made from gambling for that day and want to keep making more money but they end up losing the money that they have already made. Alot of gamblers make the mistakes of being greedy and when you try to correct them, they won't want to take your advice as they haven't suffered the consequences of greediness but when it comes, it teaches them a vey hard lesson that involves losing the money they had made including the capital that they use to gamblefor waging.

As a new individual that's picking interest in gambling, if you can avoid being greedy, you won't always see yourself losing. After gambling for sometime and you make profit, you can stop gambling and leave with your profits. Don't think that if you keep playing you'll win more. When you think like that, that's a sign of greed and being greedy isn't good, every gambler will get tempted with greed but we have to fight it.

R


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April 09, 2024, 01:45:23 AM
 #507

Greed is our dearest enemy once we are in gambling. Cause it is proven and tested by other gamblers that once we have a big balance in our bankroll then sometimes greed will take over us and also when we let it take over us  then there's a chance that we will loss our money cause we will put a big bet aiming that we will win big amounts without knowing that we will slowly loss our balance and sometime our balance will become Zero if we can't fight our greed. So it is very important to fight our greed in order to prevent more losses.

Alot of gamblers are greedy, they aren't satisfied with the profits they have made from gambling for that day and want to keep making more money but they end up losing the money that they have already made. Alot of gamblers make the mistakes of being greedy and when you try to correct them, they won't want to take your advice as they haven't suffered the consequences of greediness but when it comes, it teaches them a vey hard lesson that involves losing the money they had made including the capital that they use to gamblefor waging.

As a new individual that's picking interest in gambling, if you can avoid being greedy, you won't always see yourself losing. After gambling for sometime and you make profit, you can stop gambling and leave with your profits. Don't think that if you keep playing you'll win more. When you think like that, that's a sign of greed and being greedy isn't good, every gambler will get tempted with greed but we have to fight it.

Greed is the enemy of man. Anything that involves money,you always see greed and whether we believe or not greed drives any financial market or state.
 
Gamblers need to fight the spirit of greed, but this can't be curtail if one isn't satisfied with his winnings, that the foundation of the problem. We must accept any outcome at all and not allow greed drive you to place more bets, because nothing is certain in gambling. As past winnings doesn't guarantee that same can happen again (future). So satisfaction (contented) with our winnings as this plays a major role as we gamble. And remove the habit of expecting much, or believing too much in your bets.

The earlier we build ourselves not to be controlled by greed the one step we add in our life outside of gambling.

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April 09, 2024, 04:15:09 AM
 #508


Greed is the enemy of man. Anything that involves money,you always see greed and whether we believe or not greed drives any financial market or state.
 
Gamblers need to fight the spirit of greed, but this can't be curtail if one isn't satisfied with his winnings, that the foundation of the problem. We must accept any outcome at all and not allow greed drive you to place more bets, because nothing is certain in gambling. As past winnings doesn't guarantee that same can happen again (future). So satisfaction (contented) with our winnings as this plays a major role as we gamble. And remove the habit of expecting much, or believing too much in your bets.

The earlier we build ourselves not to be controlled by greed the one step we add in our life outside of gambling.


Uhmm, Greed isn't actually the enemy of mankind, it is ourselves is our own greatest enemy. Greed is a human nature, I mean we all have different kind of greed. There is a greed in gambling and greed with other stuff too but all of these are almost exclusively associated with money. A person maybe contented at some point, but after some time all of us will have to move forward and yearn for more, we may not be able to label at as greed since we got contented at some point, but it is actually greed.
Now, greed in gambling is the most dangerous one because this purely involves money and more money. Winning or losing greed always follows. Again, it's an enemy, it is a human nature. If you know how to handle it, you will have a control over it. 

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April 09, 2024, 12:40:05 PM
 #509

You are right in general, but in fact chasing losses can be bad only if gamblers have no control over their actions. Chasing losses can fun too, you know. If you know when to stop and if you can make yourself stop before you lose more than you can afford to lose then there's nothing wrong with chasing your losses if that makes you entertained.
To me though, I feel like chasing losses is the same as being greedy or that it's under that term. But you're right about how you can stop it from happening to you, most of the time, weak self-control or the lacking of it is the common reason as to why most people succumb to this problem. I don't like the idea of you advocating that chasing losses is a fun thing to do because there's an off chance that some numb nut will get it out of context and now you end up with a dimwit losing money because they thought that it's a good idea to do just that, I don't mind the idea of being entertained but I guess you can get away with it if you've got the discipline to do what needs to be done.

Indeed it should be ripped out from the context to understand it the wrong way. They key phrase there is "if you can make yourself stop before you lose more than you can afford to lose". I mean if you can make yourself to do that any kind of gambling activity can be fun, right? This is the main mistake gamblers make: they put at risk more than they afford to lose.

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April 09, 2024, 01:06:03 PM
 #510

Indeed,  and that's why casinos are everywhere knowing that bad habits from most gamblers they will keep that edge against the greed of every gamblers who failed to control their emotions,  something that really gave the casino a big advantage as even sometimes a gambler already have decent amounts of earnings instead of quitting and enjoy the money  they win push forward trying to earn more.

Then the losing steaks will come out and little by little sucked back the money, with frustration and aggressiveness instead of making money,  gambler will Yolo bet and regret everything after.
Humans are very irrational by nature, so even if a person knew that it is impossible for them to beat the casinos, if they get lucky and they win a lot of money, they may begin to think that it is possible for them to get those results all the time, so instead of just being grateful for what they have, they get greedy and increase the size of their bets thinking they cannot lose, and as it is easy to guess such stories very rarely have a happy ending, since there is no person that can get lucky all the time.

Most of the time, that greed factors always leads in losing money, instead of being contented and enjoy what you got from the house, you'll start to think that you can repeat same outcome, the worse thing is, you have that impression that your strategy will keep you in the positive and you'll start increasing your bets, that's the time where casino owners already achieve their goals.

When you start placing huge amounts of bets and start to lose, your apetite also start to increase then aggressions will bring you to the point where you wanted to quickly recover your losses.

In that case, attachements will lead you to keep losing more money with that same emotions that you bring as it will keep repeating the cycle of your gambling habits.

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April 09, 2024, 01:22:14 PM
 #511

Indeed right, when you still seeing balance inside your bankroll you mostly thinks that you'll capable to make things profitable unknowingly doing something that already hurting your balance to the point that you already lose everything, you keep doing that same mistake as greed mostly dominated us, hoping and aiming for big profits instead of being contented with some amount of money that you already earn,.

Always best to know and understand how to things works and how will you adjust for the betterment of the outcome of your game, it's your decision making that keeps you repeating same mistake over and over.

That's right, because when we have a balance in our money, obviously thoughts of gambling will arise because of great curiosity. We will think that when we gamble using this balance we will get more than our capital, but I am sure that when they do this they will suffer losses because gambling is just a game from the bookie or admin of that game. In fact, what gamblers do when they make mistakes over and over again is because they are addicted and their curiosity is so great to win that they do it over and over again.

So it will be very difficult to stop gambling even if they experience mistakes because they already have an addiction to playing. Unless they are aware that what they are doing is wrong and they only get losses rather than wins then it is very likely that the gambler will stop gambling.

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April 09, 2024, 02:22:39 PM
 #512

Humans are very irrational by nature, so even if a person knew that it is impossible for them to beat the casinos, if they get lucky and they win a lot of money, they may begin to think that it is possible for them to get those results all the time, so instead of just being grateful for what they have, they get greedy and increase the size of their bets thinking they cannot lose, and as it is easy to guess such stories very rarely have a happy ending, since there is no person that can get lucky all the time.
It's impossible for us who are just ordinary players to be able to beat a casino that has a system set up, even though there are some people who say they are pros at gambling, I don't think they can beat a casino, because the casino has its own rules that cannot be changed, including a higher losing percentage. greater than the percentage of winning. Winning at gambling can be obtained if we are lucky, that's what we have to pay attention to, many people who force themselves to win by gambling continuously actually make themselves trapped in an unprofitable cycle.
That's true, there are also and perhaps many people who gamble and win, but instead they increase the amount of their bet and return to gambling because they really want to win even bigger. If they feel confident they can win again at gambling, it only puts them in an addiction, positive thinking is good, but not with gambling.

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April 11, 2024, 02:48:03 AM
 #513

Some of the mistake was repeated by the gamblers even after the loss in the gambling.The foremost one is the greedy,the gamblers mostly the new gambler get into the greedy after some decent profit in the gambling site.

Over Confidence:
This was the common one to the new and experienced gamblers,because the continuous winning mostly give the greedy and over confidence to the gamblers.The gamblers will go for the high betting after the continuous winning in the betting.The positive wipe was occurred with the over confidence,most of the gamblers go for the high betting after the over confidence.

The draw back of the over confidence is most of the gamblers will make loss their holding dollars in few bets.So the gamblers should avoid the over confidence after the continuous winning.


Greedy:
The gambler should avoid of the greediness in the gambling after the continuous gambling winning.The gambler should try to withdraw the funds from the gambling site after the good winning in the gambling site.Many loss the capital by doing high betting and random betting with the positive wipe with more winning.The most of the successful gamblers may skip greedy in their betting.

Share your opinion about this two mistakes with your experience.
From my own perspective i did not see greed as a mistake for gamblers , the reason is that every gambler is greedy and it’s natural to be like that.the meaning of gambling itself has greed as an implied clause because everyone wants to stake less to win big or to stake big and win huge .

When you visit a betting shop you will understand that gamblers are very greedy in nature and it is virtually instilled in every gambler whether directly or indirectly. I have seen people’s bet slip about 40games in one slip to with a small amount and with the sole aim of winning millions. If everyone wins such amounts consecutively from a gambling shop will the gambling shop or the casino house still exist or function again ? This is actually a question for another day.

Lastly, greediness is embedded in every gambler whether knowingly or unknowingly so I can’t beat my chest and say that greediness is one of the mistakes that gamblers make .

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April 11, 2024, 03:38:56 AM
 #514

-snip-

Greed is our dearest enemy once we are in gambling. Cause it is proven and tested by other gamblers that once we have a big balance in our bankroll then sometimes greed will take over us and also when we let it take over us  then there's a chance that we will loss our money cause we will put a big bet aiming that we will win big amounts without knowing that we will slowly loss our balance and sometime our balance will become Zero if we can't fight our greed. So it is very important to fight our greed in order to prevent more losses.

It is true that greed is the thing that most often misleads gamblers - especially when they are experiencing a big win and see a lot of money in their bankroll, usually gamblers will be tempted to play again and again until their desires are fulfilled. For some gamblers, maybe they can control their greed, but for many gamblers they cannot control this which leads to their losses and even serious bankruptcy.
And because of this, it is important for gamblers to be able to set limits on their gambling and consistently adhere to them. Even though there are several opportunities to play more, gamblers must be aware that this is greed and do their best to fight the urge to play.

R


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April 15, 2024, 09:29:34 PM
 #515

-snip-

Greed is our dearest enemy once we are in gambling. Cause it is proven and tested by other gamblers that once we have a big balance in our bankroll then sometimes greed will take over us and also when we let it take over us  then there's a chance that we will loss our money cause we will put a big bet aiming that we will win big amounts without knowing that we will slowly loss our balance and sometime our balance will become Zero if we can't fight our greed. So it is very important to fight our greed in order to prevent more losses.

It is true that greed is the thing that most often misleads gamblers - especially when they are experiencing a big win and see a lot of money in their bankroll, usually gamblers will be tempted to play again and again until their desires are fulfilled. For some gamblers, maybe they can control their greed, but for many gamblers they cannot control this which leads to their losses and even serious bankruptcy.
And because of this, it is important for gamblers to be able to set limits on their gambling and consistently adhere to them. Even though there are several opportunities to play more, gamblers must be aware that this is greed and do their best to fight the urge to play.
Another issue is that gamblers begin to create elaborate theories about why they got lucky this time, and as such they come to believe they can control their luck to some extent, and that is what makes them take huge risks as they think that things will surely turn on their favor this time around, only to discover that they have been mistaken all along and that now they lost an amount of money that is putting in jeopardy their future, and other than to complain bitterly about the casino, there is not much they can do.

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April 15, 2024, 09:45:52 PM
 #516

-snip-

Greed is our dearest enemy once we are in gambling. Cause it is proven and tested by other gamblers that once we have a big balance in our bankroll then sometimes greed will take over us and also when we let it take over us  then there's a chance that we will loss our money cause we will put a big bet aiming that we will win big amounts without knowing that we will slowly loss our balance and sometime our balance will become Zero if we can't fight our greed. So it is very important to fight our greed in order to prevent more losses.

It is true that greed is the thing that most often misleads gamblers - especially when they are experiencing a big win and see a lot of money in their bankroll, usually gamblers will be tempted to play again and again until their desires are fulfilled. For some gamblers, maybe they can control their greed, but for many gamblers they cannot control this which leads to their losses and even serious bankruptcy.
And because of this, it is important for gamblers to be able to set limits on their gambling and consistently adhere to them. Even though there are several opportunities to play more, gamblers must be aware that this is greed and do their best to fight the urge to play.
Another issue is that gamblers begin to create elaborate theories about why they got lucky this time, and as such they come to believe they can control their luck to some extent, and that is what makes them take huge risks as they think that things will surely turn on their favor this time around, only to discover that they have been mistaken all along and that now they lost an amount of money that is putting in jeopardy their future, and other than to complain bitterly about the casino, there is not much they can do.
Adding up those patterns or strategies is a never ending thing because on the time that they do make out some winning, then everything which they have done or wear into that particular day will really be tending to connect it out about on which this would really be a never ending kind of hunt into someone in speaking about creating some strategies and other things on which we know that this would really be that making out that kind of desperation on where they will really be that tending to stick into that kind of strategy and do really make out to make it work no matter what. Greed what pushes them to play even more, on the time that they would really be that desperate or on the time that they would really be having that kind of confidence or boost up of emotions on which this is something that will really be pushing up even more.
They would really be making that mistakes all over again and again and this would really be a never ending story into those people who are really that seeking on being profitable.

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April 16, 2024, 05:22:57 AM
 #517

Another issue is that gamblers begin to create elaborate theories about why they got lucky this time, and as such they come to believe they can control their luck to some extent, and that is what makes them take huge risks as they think that things will surely turn on their favor this time around, only to discover that they have been mistaken all along and that now they lost an amount of money that is putting in jeopardy their future, and other than to complain bitterly about the casino, there is not much they can do.
It is very difficult to be able to control ourselves when gambling and we will continue to hope that we can get a big win from the bets we place by hoping that luck will be with us from the many risks they take, maybe only a few times they will have luck from betting risks. that they play and when they are aware of what they are doing of course they will be able to manage their gambling well and will make the gambling they play not cost them too much money which will harm them, by complaining about the casino will certainly not give any results without us changing our gambling habits.

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April 16, 2024, 09:26:33 AM
 #518

~
It is very difficult to be able to control ourselves when gambling and we will continue to hope that we can get a big win from the bets we place by hoping that luck will be with us from the many risks they take, maybe only a few times they will have luck from betting risks. that they play and when they are aware of what they are doing of course they will be able to manage their gambling well and will make the gambling they play not cost them too much money which will harm them, by complaining about the casino will certainly not give any results without us changing our gambling habits.

We can always hope for big wins, but that shouldn't prevent us from controlling ourselves. Isn't losing control the biggest mistake gamblers can make? None of us should make that mistake. If you enjoy gambling - enjoy it, but don't spoil everything by overusing and abusing it.

.
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April 16, 2024, 09:36:54 AM
 #519

Indeed,  and that's why casinos are everywhere knowing that bad habits from most gamblers they will keep that edge against the greed of every gamblers who failed to control their emotions,  something that really gave the casino a big advantage as even sometimes a gambler already have decent amounts of earnings instead of quitting and enjoy the money  they win push forward trying to earn more.

Then the losing steaks will come out and little by little sucked back the money, with frustration and aggressiveness instead of making money,  gambler will Yolo bet and regret everything after.
Humans are very irrational by nature, so even if a person knew that it is impossible for them to beat the casinos, if they get lucky and they win a lot of money, they may begin to think that it is possible for them to get those results all the time, so instead of just being grateful for what they have, they get greedy and increase the size of their bets thinking they cannot lose, and as it is easy to guess such stories very rarely have a happy ending, since there is no person that can get lucky all the time.
That's correct and that is why while we are all prepared to lose, we must also be prepared to walk out after we win. We cannot just keep on gambling and think that luck will always be on our side because that's not how the gambling business is made. It is not a charity and there always be a point where we will keep on losing so it's best if we can enjoy what we won and go back another day when we think we need to have fun gambling again.
Plus, it's also a stressful environment if we just continue on betting, the sudden swings of our balance from losing to winning is not a good thing to see. I've played tag with the money I have many times and I can say all it brings is stress whenever I am on the losing points.

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April 17, 2024, 11:44:55 AM
 #520

Indeed right, when you still seeing balance inside your bankroll you mostly thinks that you'll capable to make things profitable unknowingly doing something that already hurting your balance to the point that you already lose everything, you keep doing that same mistake as greed mostly dominated us, hoping and aiming for big profits instead of being contented with some amount of money that you already earn,.

Always best to know and understand how to things works and how will you adjust for the betterment of the outcome of your game, it's your decision making that keeps you repeating same mistake over and over.

That's right, because when we have a balance in our money, obviously thoughts of gambling will arise because of great curiosity. We will think that when we gamble using this balance we will get more than our capital, but I am sure that when they do this they will suffer losses because gambling is just a game from the bookie or admin of that game. In fact, what gamblers do when they make mistakes over and over again is because they are addicted and their curiosity is so great to win that they do it over and over again.

So it will be very difficult to stop gambling even if they experience mistakes because they already have an addiction to playing. Unless they are aware that what they are doing is wrong and they only get losses rather than wins then it is very likely that the gambler will stop gambling.

Unless they are fully aware and they have that good control both on their emotions and how they manage their finances as we know that once addiction already dominated the brain there's no way that you can quit without losing your money, it's very important that you are fully aware with the risk that you are taking and you are willing to submit whatever happened and you know when to let go, without this, you'll just going to end up keep repeating your mistake not to control and keep pushing in aiming for much higher earnings.

Indeed,  and that's why casinos are everywhere knowing that bad habits from most gamblers they will keep that edge against the greed of every gamblers who failed to control their emotions,  something that really gave the casino a big advantage as even sometimes a gambler already have decent amounts of earnings instead of quitting and enjoy the money  they win push forward trying to earn more.

Then the losing steaks will come out and little by little sucked back the money, with frustration and aggressiveness instead of making money,  gambler will Yolo bet and regret everything after.
Humans are very irrational by nature, so even if a person knew that it is impossible for them to beat the casinos, if they get lucky and they win a lot of money, they may begin to think that it is possible for them to get those results all the time, so instead of just being grateful for what they have, they get greedy and increase the size of their bets thinking they cannot lose, and as it is easy to guess such stories very rarely have a happy ending, since there is no person that can get lucky all the time.
That's correct and that is why while we are all prepared to lose, we must also be prepared to walk out after we win. We cannot just keep on gambling and think that luck will always be on our side because that's not how the gambling business is made. It is not a charity and there always be a point where we will keep on losing so it's best if we can enjoy what we won and go back another day when we think we need to have fun gambling again.
Plus, it's also a stressful environment if we just continue on betting, the sudden swings of our balance from losing to winning is not a good thing to see. I've played tag with the money I have many times and I can say all it brings is stress whenever I am on the losing points.

We need this mentality to enjoy, if we know when to leave especially while you still got decent amount of profits, it added excitement and fun when you quit with winning money, opposite from leaving losing everything which only brings regret after gaming. You need to realize and understand what you should do and how will you execute in both losing and winning situations.

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