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Author Topic: Dont chase your loss  (Read 3052 times)
lizarder
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March 14, 2024, 07:07:14 PM
 #221

There is complexity surrounding the issue of gambling addiction. Maybe some people engage in gambling primarily for entertainment purposes and may be able to manage their spending within the confines of their income. But gambling can escalate into a problematic behavior that negatively impacts various aspects of their lives. One of the challenges of addressing gambling addiction is the pervasive belief that individuals can't be held responsible for their excessive gambling.

Addiction can diminish the ability to exercise control over their behavior, but there's still a level of personal accountability involved. Recognizing the signs of gambling addiction and seeking help early on can make a significant difference in mitigating its harmful effects. The people who struggle to balance their monthly income with expenses may be particularly vulnerable to the allure of gambling as a means of financial gain. This can exacerbate existing financial challenges and lead to further hardship for themselves and their families.
That's why people think that gambling is not an activity that can be done by everyone because if they engage in gambling when the financial structure is unstable, it will make the problem more complicated. Gambling has been going on for a long time and there are many people involved in gambling online or offline, I see how people gamble unreasonably and they spend money irresponsibly. In the end, gambling activities destroy everything, including finances, family and social relationships with the surrounding community.

For me it doesn't matter if people pursue gambling, as long as they are able to balance the family's monthly income and expenses. Responsible gambling is more about how people are able to make a portion of the money spent on gambling, so that the budget prepared has a much more relevant value for spending. If people are unable to handle gambling like that then addiction will actually create new problems for them in the future.

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March 14, 2024, 08:50:19 PM
 #222

There are some gamblers that chase their losses to enter debt in the gambling center that led them to prison in my area and, I will not encourage any gamblers to gamble because he or she want to recover from the losses at the moment which is dangerous.

Just know that any day you experience loss, don't feel bad because there is another day to gamble and, it can be the next gamble that will make you win money that will help you to recover your losses in the past.
Gamblers in pursuit of the loses in the system, thereby leading them to make more losses. We encounter experiences in the system, we just have to pray harder for these experiences to be good because I'm never turning back to repeat my mistakes in the system. The days we makes profits in the space, we give thanks to GOD and also applaud the game techniques we employ for the smooth running sof the system. Losses are generated in the system every single day. We just have to insured we don't surpassed our angles in gambling sectors.

R


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March 14, 2024, 08:57:11 PM
 #223

It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
I'm not sure people will need gambling on a normal basis. because more gamblers gamble because of their desires rather than needs. Most of them carry out gambling activities regularly, it could be every weekend or every time they get a monthly salary with the allocation that has been provided.
maybe the case will be different with addicted gamblers. it can make him gamble every day and that will be very difficult. because he doesn't control how much money he will spend every day from his gambling losses.

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March 14, 2024, 09:09:23 PM
 #224

It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
Be aware that the game has two outcomes. The first result is a win and the second result of the game is a loss. Winning is a small part of losing in gambling.
Chasing loss is the same as hoping for money. If this is applied to gambling, we will be trapped because the results of those expectations will not be real and that is true if we have actually become victims.

Setting a money limit while playing is very good because it makes us play consciously so that we can have fun in the game.
When you become a victim of gambling, it is difficult to return to a normal state.

R


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March 15, 2024, 11:45:35 AM
 #225

There are some gamblers that chase their losses to enter debt in the gambling center that led them to prison in my area and, I will not encourage any gamblers to gamble because he or she want to recover from the losses at the moment which is dangerous.

Better to stop and quit after you suffer from a deep loss, instead of loaning or barrowing it's better to accept and move on, there's nothing you can do as adding more money will just trigger aggression and it might cause you more losses and regrets once you continue losing more money, gamblers needs to realize that chasing losses mostly resulting to more suffering for your finances.

Quote
Just know that any day you experience loss, don't feel bad because there is another day to gamble and, it can be the next gamble that will make you win money that will help you to recover your losses in the past.

If you can't stop, better to quit the day and come back with a fresh mindset, instead of pushing forward and force yourself to add more money on your bankroll, pause and re-assess your strategy it might help you to bring fresh ideas and continue enjoying the game.

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March 15, 2024, 01:28:50 PM
 #226

It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
I'm not sure people will need gambling on a normal basis. because more gamblers gamble because of their desires rather than needs. Most of them carry out gambling activities regularly, it could be every weekend or every time they get a monthly salary with the allocation that has been provided.
maybe the case will be different with addicted gamblers. it can make him gamble every day and that will be very difficult. because he doesn't control how much money he will spend every day from his gambling losses.

It's more of their emotions controlling them (us) to gamble for more. So it's really hard to stop or control it. Because there will be times that you will win. So you want to go back again and have that same feeling again and of course winning some money.

And just like what the title of this thread, it might be good not to chase your losses, but who can control others though? All we can do is to give them advise but then again, there are gamblers who are going to still fall for it no matter how many times we say them to stop.

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March 15, 2024, 02:23:43 PM
 #227

It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
I'm not sure people will need gambling on a normal basis. because more gamblers gamble because of their desires rather than needs. Most of them carry out gambling activities regularly, it could be every weekend or every time they get a monthly salary with the allocation that has been provided.
maybe the case will be different with addicted gamblers. it can make him gamble every day and that will be very difficult. because he doesn't control how much money he will spend every day from his gambling losses.

It's more of their emotions controlling them (us) to gamble for more. So it's really hard to stop or control it. Because there will be times that you will win. So you want to go back again and have that same feeling again and of course winning some money.

And just like what the title of this thread, it might be good not to chase your losses, but who can control others though? All we can do is to give them advise but then again, there are gamblers who are going to still fall for it no matter how many times we say them to stop.

That is an individual choice in the end but men are easily impacted from the environment and people they stay.For example if the shepherd of sheep is a quiet person is because he is looking after something that is quiet like the sheeps.The one who look after camels in the desert for example can be a very harsh person as camels are not that quiet.

So the more the person is hearing these advices to stop the more he will be prone to try and stop gambling.

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March 15, 2024, 02:45:56 PM
 #228

There is complexity surrounding the issue of gambling addiction. Maybe some people engage in gambling primarily for entertainment purposes and may be able to manage their spending within the confines of their income. But gambling can escalate into a problematic behavior that negatively impacts various aspects of their lives. One of the challenges of addressing gambling addiction is the pervasive belief that individuals can't be held responsible for their excessive gambling.

Addiction can diminish the ability to exercise control over their behavior, but there's still a level of personal accountability involved. Recognizing the signs of gambling addiction and seeking help early on can make a significant difference in mitigating its harmful effects. The people who struggle to balance their monthly income with expenses may be particularly vulnerable to the allure of gambling as a means of financial gain. This can exacerbate existing financial challenges and lead to further hardship for themselves and their families.
That's why people think that gambling is not an activity that can be done by everyone because if they engage in gambling when the financial structure is unstable, it will make the problem more complicated. Gambling has been going on for a long time and there are many people involved in gambling online or offline, I see how people gamble unreasonably and they spend money irresponsibly. In the end, gambling activities destroy everything, including finances, family and social relationships with the surrounding community.

For me it doesn't matter if people pursue gambling, as long as they are able to balance the family's monthly income and expenses. Responsible gambling is more about how people are able to make a portion of the money spent on gambling, so that the budget prepared has a much more relevant value for spending. If people are unable to handle gambling like that then addiction will actually create new problems for them in the future.
Please break this down and be honest. Its not all black and white in gambling - I've seen the good, bad, and ugly. A major win is euphoric, but empathy for losers is crucial. This is about balance and responsibility. Want to bet? Well, do it wisely. Keep a budget and never let it affect your family's health. How to play without being played. With the correct mindset and limits, gambling may be part of a healthy lifestyle. What matters is understanding when to hold, fold, and leave. Responsible, fun, and always in perspective.

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March 15, 2024, 03:03:30 PM
 #229

It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
What does gamble when necessary mean anyway?

Gambling is not a necessity in life. It is a hobby at the most and a fun thing to do and should be limited to that much if you dont want it to become an addiction in the first place.

There is skills in EV+ games but luck still plays a role there and can wipe out your entire prediction with nothing left. Of course chasing a loss is never recommended but that does not happen if you are playing for fun.

R


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March 15, 2024, 03:18:48 PM
 #230

There are some gamblers that chase their losses to enter debt in the gambling center that led them to prison in my area and, I will not encourage any gamblers to gamble because he or she want to recover from the losses at the moment which is dangerous.

Just know that any day you experience loss, don't feel bad because there is another day to gamble and, it can be the next gamble that will make you win money that will help you to recover your losses in the past.
Advice is easier than a practical action, you also see in a classroom, the teacher can tell many students about moral principles but each person's ability to absorb is extremely different, some will keep a calm heart, some will pursue with explosive emotions. Gambling is also a form of this, calm people will know how to hide while confused people will want to pursue, they just want their emotions to return to tranquility but it's terrible when this pursuit exceeds one's capacity, once pursued, it will be difficult to stop

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March 15, 2024, 03:25:53 PM
 #231

Easy to say "dont chase your loss" but in fact most gamblers are trying to recover their losses once they started a new session after loss.
On the opposite side, gamblers are trying to get more win in a new session after they make win in the previous session.
It is hard to forget our previous loss especially for frequent gambler who gamble regularly, but maybe it is not that hard for gamblers who gamble recreationally like once a month or once in few months.
I would prefer to say "gamble responsibly" in every gambling session, as long as our gambling habit will not affect our real life, doing both recovering losses and chasing more wins are not big issue.
You have a point here, as they say, it's easier said than done. We often say things that we can do in a way like they are easy to do, but just because we can do something it doesn't mean it's easy for anyone to do. Every person is built differently, with different mindsets and different ways of doing certain things, so one cannot be like the other in everything they do and there will always be differences among them no matter what they do.

When we talk about gambling, if we are responsible gamblers, we would say that it isn't that much difficult to control your emotions and don't become addicted to it but for someone who doesn't have enough self-control, it isn't easy for them to be a responsible gambler.

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March 15, 2024, 03:31:01 PM
 #232

It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
What does gamble when necessary mean anyway?

Gambling is not a necessity in life. It is a hobby at the most and a fun thing to do and should be limited to that much if you dont want it to become an addiction in the first place.

There is skills in EV+ games but luck still plays a role there and can wipe out your entire prediction with nothing left. Of course chasing a loss is never recommended but that does not happen if you are playing for fun.
Gambling when necessary is a way of saying that you should gamble when you fill that there are better chances of winning, yes of a truth in as much winning in gambling is not certain but at some point there are some worth chances of seeing wining which doesn't show or come up all the times, that is pretty much when one is expected to gamble. But when chasing your loss you may tend to gamble at all time. As a gambler you should understand what am saying.


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March 15, 2024, 03:38:07 PM
 #233

There are some gamblers that chase their losses to enter debt in the gambling center that led them to prison in my area and, I will not encourage any gamblers to gamble because he or she want to recover from the losses at the moment which is dangerous.

Just know that any day you experience loss, don't feel bad because there is another day to gamble and, it can be the next gamble that will make you win money that will help you to recover your losses in the past.
People involved in gambling have many cases where they become bankrupt because they have no assets anymore, people like this are usually heavily addicted because they keep chasing defeat all the time just to play.

Make a hobby for your pleasure, do not expect victory because it is certain that you will experience defeat and be wise in using it including a limit on the money that must be played, if there is no limit then you will lose more.

Already know how gambling can be fatal if not managed properly, but for myself I always set aside small money for sports betting.

R


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March 15, 2024, 03:40:57 PM
 #234

Advice is easier than a practical action, you also see in a classroom, the teacher can tell many students about moral principles but each person's ability to absorb is extremely different, some will keep a calm heart, some will pursue with explosive emotions. Gambling is also a form of this, calm people will know how to hide while confused people will want to pursue, they just want their emotions to return to tranquility but it's terrible when this pursuit exceeds one's capacity, once pursued, it will be difficult to stop
Gambling is not like what you compare with internal learning activities, because every gambler has experienced losses due to not being able to control emotions in betting, but not all gamblers learn from mistakes that harm them in the gambling circle, for gamblers who understand the gambling scheme will change their mindset to avoid addiction, they will not act not to chase losses because they know it will result in higher losses.

All gamblers have shared their stories in gambling and we can learn from them to avoid financial losses in gambling, many tips have been informed in the gambling board, in essence we must gamble responsibly and an important factor is limiting the finances that are ready to be lost in gambling.

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March 15, 2024, 03:44:12 PM
 #235

There are some gamblers that chase their losses to enter debt in the gambling center that led them to prison in my area and, I will not encourage any gamblers to gamble because he or she want to recover from the losses at the moment which is dangerous.

Just know that any day you experience loss, don't feel bad because there is another day to gamble and, it can be the next gamble that will make you win money that will help you to recover your losses in the past.
Advice is easier than a practical action, you also see in a classroom, the teacher can tell many students about moral principles but each person's ability to absorb is extremely different, some will keep a calm heart, some will pursue with explosive emotions. Gambling is also a form of this, calm people will know how to hide while confused people will want to pursue, they just want their emotions to return to tranquility but it's terrible when this pursuit exceeds one's capacity, once pursued, it will be difficult to stop
I don't think this can be equated with that, although it is easier to say than to practice, but if you are a person who understands what it means and already knows, if you already know, don't ever chase defeat and because basically you won't be able to beat the house then it will be useless, don't hide behind that sentence because you can't control yourself, and if you keep doing it while you know it's wrong, I don't know if I should call people stupid or something else.

Don't make excuses because that will make you a gambling enthusiast who will often lose.

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March 15, 2024, 03:45:57 PM
 #236

Gambling when necessary is a way of saying that you should gamble when you fill that there are better chances of winning, yes of a truth in as much winning in gambling is not certain but at some point there are some worth chances of seeing wining which doesn't show or come up all the times, that is pretty much when one is expected to gamble. But when chasing your loss you may tend to gamble at all time. As a gambler you should understand what am saying.

There’s different kind of chasing loses. It’s either you are chasing loss on all of your loses or chasing losses on your current game loss which is pretty common on every gambler.

What I don’t understand on this statement of yours is the worth chances of seeing winning since every winning bet is random regardless if you are not chasing losses. The only downside of playing with chasing is you can’t enjoy every win on your game because you have a much bigger goal which is to recover your loss rather than enjoy the game.

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March 15, 2024, 03:55:57 PM
 #237

It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
I think that's what will lead a person to what is not supposed because once a person starts chasing the lose, it will be out of his control since he will be hoping that one day he can actually get what he wants, and that is what leads some people's to gamble addiction. That's why I don't give anyone advice to continue gambling when they are losing. Whatever amount of money a person wins in gambling every day, they should not allowed to become addicted, if not it will be very difficult for that person to stop gambling even when they are losing. And the majority of people's who mostly lose much in gambling are those that don't have knowledge and experience about it, because some only take gambling where they can come and become rich quickly. That's why not all people want to have knowledge about it before starting.

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March 15, 2024, 04:08:22 PM
 #238

I think the reason why you are chasing losses is because you are betting a large amount of money, and when you bet something and it is lost, it will make you frustrated and make you more eager to recover that money of yours. If you keep losing and all of your losses are stacking up, this will put you on a never-ending cycle since you want to recover all of your losses. When you are in a cycle, this will lead you to addiction, and as a gambler, you don't want that to happen. So, it is really advisable to not chase your losses since it will create more problems for you and it will be harder to gamble.
 
Chasing losses is doable if it is a small amount only. Since it is not big, you won't rush on recovering that money, and you will have more patience.

Yes, that is a good move to make and comply with, in my case when I started playing I kept track, even in an excel sheet and this helped me see that the losses were getting bigger, when I tried to recover them the What I managed to do was lose more money, so I stopped keeping that control and started to reset myself, that is, in each gaming session I didn't have to think about what I had previously lost or won, it was something new, and that helped me get out of it a little of all that pressure and stress that one puts on themselves.

When we see that things can happen like this, the best thing is to do something like what I implemented for myself, so one can play without stress, without the pressure I have to recover this money that I lost a day or two ago, and that is something It gives you a break, it is not good to push yourself in a casino game, if you go to the casino it is to have a different time, forget about your problems and try to win, that is the main thing you should do.

Of course this is my way of playing, my way of being able to sit in a casino, because playing with stress, with discomfort, that doesn't work for me, because that way I lose faster.

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March 15, 2024, 04:16:54 PM
 #239

It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
A person who gambles after losing and will continue to gamble hard to recover his loss is called a gambling addict. Because those who use gambling only for fun will never care about their losses and will not run to recover their losses. there are many who use gambling for income and when they lose they panic to recover as well as profit and continue gambling. and many people suffer from it



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March 15, 2024, 04:35:15 PM
 #240

It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
I'm not sure people will need gambling on a normal basis. because more gamblers gamble because of their desires rather than needs. Most of them carry out gambling activities regularly, it could be every weekend or every time they get a monthly salary with the allocation that has been provided.
maybe the case will be different with addicted gamblers. it can make him gamble every day and that will be very difficult. because he doesn't control how much money he will spend every day from his gambling losses.

Therefore, all of us gamblers in this field of crypto space are free to gamble when we can play, as you mentioned. Now, that depends on the budget that a gambling player has. That's why sometimes there are other gamblers who, when they win money, think that maybe this time I'll get lucky or maybe I'll get back what I lost the last time I gambled.

These are the words that sometimes enter our thoughts, and they're really not good. Usually, in the actual game of gambling, we are chasing our losses that we can't catch. Instead of not increasing our losses, they will increase even more amount.



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