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Author Topic: Dont chase your loss  (Read 3053 times)
noormcs5
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March 24, 2024, 02:12:10 PM
 #361

It's true what you say chasing losses is basically useless, we won't get what we want, it will only complicate matters and there will be a lot of losses there and this factor is also influenced by big emotions about what happens because of expectations. not in accordance with reality and agree with you, if we have experienced defeat once or twice then take the positive side, namely from our experience that gambling results in more losses than wins, then we can use this as motivation and valuable experience so as not to lose. excessive gambling.

The gamblers do not think that chasing losses is useless. The reason is that once a gambler loses in gambling, his utmost wish is to recover the loss by gambling more. So for us chasing losses is usually useless but those who have recently lost in gambling, for them the more important thing is to recover the loss by chasing the losses.

The question arises as to why the gamblers want to chase the loss ?

I think the gamblers are always being taught and they think that gambling is a money making activity and one cannot lose. People think that other people can lose in gambling but we cannot lose. Don't know why people create such a belief and once they lose, the first priority they give is to somehow recover the loss. They do not know that once you lose in gambling, 90% of the chance is that you will never be able to recover it.

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March 24, 2024, 02:33:18 PM
 #362

Chasing losses is one of the most easiest way to loss all your funds, even become addicted and irresponsible with your gambling. When you begin to chase your loss, you'll start making decision that are not from your right sense of reasoning. You can even gamble until all your money has been exhausted just because you want the old loss back. If you gamble and experience any loss just take it as part of the experience because at first you are advise to gamble with what you can afford to loss with affecting any of your other financial activities.

It's true what you say chasing losses is basically useless, we won't get what we want, it will only complicate matters and there will be a lot of losses there and this factor is also influenced by big emotions about what happens because of expectations. not in accordance with reality and agree with you, if we have experienced defeat once or twice then take the positive side, namely from our experience that gambling results in more losses than wins, then we can use this as motivation and valuable experience so as not to lose. excessive gambling.

Yes, chasing losses will actually make us fall into a deeper pit or make the situation even worse, we must understand that gambling has absolutely no certainty that can guarantee you to always win and therefore the uncertainty and randomness in the matter of the final result about winning makes gamblers who chase victory even end up losing more money. Therefore, as we often hear that we are always advised to gamble with the amount we can afford to lose, all because so that we do not get emotional and so that we do not think about chasing something that has already been lost because it is an impossible idea to achieve success.

I think we should go back to the original understanding that gambling is always about risk-taking activities where you will be in two possibilities at the end of the session which is winning or losing, so of course because of this uncertainty is why we should focus more on preventive measures than winning opportunities, simply put if you are lucky enough then you will also be able to win which might recover something that has been lost before, so be patient and change your mindset.

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March 24, 2024, 02:42:25 PM
 #363

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?
It is certainly a bad practice in gambling where a gambler repeatedly gambles to recover losses. Here one thing is very important that betting in gambling must have both profit and loss it is normal but there are many gamblers who keep betting repeatedly to recover their losses. Of course, repeated bets are more likely to lose, and more likely to eventually lose everything and go bankrupt.
So if one has to try hard enough to control the greed in gambling and have self control then surely a gambler will never have the possibility of going bankrupt in gambling.

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March 24, 2024, 02:56:11 PM
 #364

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?
It is certainly a bad practice in gambling where a gambler repeatedly gambles to recover losses. Here one thing is very important that betting in gambling must have both profit and loss it is normal but there are many gamblers who keep betting repeatedly to recover their losses. Of course, repeated bets are more likely to lose, and more likely to eventually lose everything and go bankrupt.
So if one has to try hard enough to control the greed in gambling and have self control then surely a gambler will never have the possibility of going bankrupt in gambling.
The problem problem comes from  greediness , desire for more after some wins .
Well, it's okay to desire for more but you have your profit already and still want more and more , IMO there should be some return target profit according to the fund use for gambling  and once its acquired you could pause it to play next time or you could use out of your extra profit gained from it if you desire for more and if the opposite  comes set a point to pause gambling (for loss), with these you can make something out of gambling nor gambling it all with focus ,besides gambling should be taken as playing  for fun
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March 24, 2024, 03:48:07 PM
 #365

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?
It is certainly a bad practice in gambling where a gambler repeatedly gambles to recover losses. Here one thing is very important that betting in gambling must have both profit and loss it is normal but there are many gamblers who keep betting repeatedly to recover their losses. Of course, repeated bets are more likely to lose, and more likely to eventually lose everything and go bankrupt.
So if one has to try hard enough to control the greed in gambling and have self control then surely a gambler will never have the possibility of going bankrupt in gambling.
The problem problem comes from  greediness , desire for more after some wins .
Well, it's okay to desire for more but you have your profit already and still want more and more , IMO there should be some return target profit according to the fund use for gambling  and once its acquired you could pause it to play next time or you could use out of your extra profit gained from it if you desire for more and if the opposite  comes set a point to pause gambling (for loss), with these you can make something out of gambling nor gambling it all with focus ,besides gambling should be taken as playing  for fun

Greediness and other things or emotions that do really trigger out such actions because of those factors. We cant really be able to deny that once we do lost our bankroll then high tendency that we would really be thinking that we should be playing up even more just to possibly be able to recover those loses on which this is really that a very wrong mindset to have. Dont chase up your losses.
You should really know on when to draw the line and would really be able to stop completely or call it a day because if you do tend to chase up your loses then you would really be definitely be
that making yourself that creating a problem on which later on that you might not be able to handle when things becomes that too big or something that do talks about recovery
which seems to be that almost impossible to deal on with.

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March 24, 2024, 03:54:02 PM
 #366

I mean personally if I started to budget my gambling like 100$ I already consider it as a loss fund, because there might be a higher chance of losing it than winning, and it wouldn't going to hurt that much anymore since I already gave it up. That is why you should always just put a very low percentage of your income on gambling an amount that you could easily let go of or afford to lose, something where you could easily recover from it.

Great mindset, you'll never lose a lot of money with the way you think. However, you'll also not gonna be profitable as a gambler because you already concede from the very beginning, if you want to be successful, you need to build that confidence and treat your bankroll a very important one that you need to grow and protect. By saying protect, it means chasing losses has no room for you as you follow the right system for bankroll management.

I mean I take your opinion on that, I mean it's not like I would just give it up on my 100$ in the first place but I just consider it as a lose of money, If you're going to ask me I would surely gonna have 100% of my confidence if I have that 100$ that I dont really care to, compared to 100$ that is a money that I only have. What I mean is I dont just give up on that money in fact I am more confident to risk it and gamble it because it just like it wasn't my money anymore.

I dont agree that you're never going to be profitable with that mindset, I mean there are a lot of times when I could grow a 40$ gambling investment to around 600$ in a few months on sports betting. But I just treat this money as excess money so I dont really care about it when it comes to losing, If you going to ask me that's boosts my confidence in doing risky bets, even though I might lose a huge amount on it, it could definitely be the other way around. Gambling success is not just gonna depend on confidence and protecting it, beside it is more like lucky if you going to ask me because not everyone is gonna win for sure, it might be possible but it doesnt mean that it is going to happened.


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March 24, 2024, 03:59:03 PM
 #367

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?
It is certainly a bad practice in gambling where a gambler repeatedly gambles to recover losses. Here one thing is very important that betting in gambling must have both profit and loss it is normal but there are many gamblers who keep betting repeatedly to recover their losses. Of course, repeated bets are more likely to lose, and more likely to eventually lose everything and go bankrupt.
So if one has to try hard enough to control the greed in gambling and have self control then surely a gambler will never have the possibility of going bankrupt in gambling.
Nah, don't do it. If you are losing, might as well stop. Refresh the page and try again because that is where you might see you balance going back to the amount that it is used to be.
This is where we are forgetting to control ourselves because we want to gamble continuously and try to win back the amount that we lost. But that is wrong. If we can learn to play another game where we could try to win our money back then we might as well try it.
I've been playing a long time gambling and all I can say is that I always win my money back through a different method. Change of game or change or amount. Just try it and let us see how it will go.

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March 24, 2024, 04:45:20 PM
 #368

The problem problem comes from  greediness , desire for more after some wins .
Well, it's okay to desire for more but you have your profit already and still want more and more , IMO there should be some return target profit according to the fund use for gambling  and once its acquired you could pause it to play next time or you could use out of your extra profit gained from it if you desire for more and if the opposite  comes set a point to pause gambling (for loss), with these you can make something out of gambling nor gambling it all with focus ,besides gambling should be taken as playing  for fun


Trying to chase loss is one of the easiest way of Lossing all you have left. The major fact about gambling is that, what is gone is gone. Just forget about the past and move on, that the only way you can gamble without putting too much of pressure to make sure you win a bet, is when you forget about the past and focus on the future. If you win consider it luck for the day and be excited for it rather than thinking of past loss.
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March 24, 2024, 08:37:20 PM
 #369

The problem problem comes from  greediness , desire for more after some wins .
Well, it's okay to desire for more but you have your profit already and still want more and more , IMO there should be some return target profit according to the fund use for gambling  and once its acquired you could pause it to play next time or you could use out of your extra profit gained from it if you desire for more and if the opposite  comes set a point to pause gambling (for loss), with these you can make something out of gambling nor gambling it all with focus ,besides gambling should be taken as playing  for fun


Trying to chase loss is one of the easiest way of Lossing all you have left. The major fact about gambling is that, what is gone is gone. Just forget about the past and move on, that the only way you can gamble without putting too much of pressure to make sure you win a bet, is when you forget about the past and focus on the future. If you win consider it luck for the day and be excited for it rather than thinking of past loss.

Better to have that kind of mindset, as if you keep chasing your losses you'll ends up losing again instead of having something to use for your extra entertainment, gambling should not be tolerated as you need to bring more deposit to chase your previous losses, it's better to move on and try to reassess what you did wrong from your previous sessions, having a fresh start helps you to decide properly, unlike if you are trying to chase something you'll become aggressive and your aim is to win back your loss money.

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March 24, 2024, 10:49:05 PM
 #370

Chasing losses is one of the most easiest way to loss all your funds, even become addicted and irresponsible with your gambling. When you begin to chase your loss, you'll start making decision that are not from your right sense of reasoning. You can even gamble until all your money has been exhausted just because you want the old loss back. If you gamble and experience any loss just take it as part of the experience because at first you are advise to gamble with what you can afford to loss with affecting any of your other financial activities.

It's true what you say chasing losses is basically useless, we won't get what we want, it will only complicate matters and there will be a lot of losses there and this factor is also influenced by big emotions about what happens because of expectations. not in accordance with reality and agree with you, if we have experienced defeat once or twice then take the positive side, namely from our experience that gambling results in more losses than wins, then we can use this as motivation and valuable experience so as not to lose. excessive gambling.
Chasing losses is not the ideal way to recover your loss, because it is impossible to recover them. It is only when you are lucky to gamble at the right time, that you can win and recover some of it. But if you say that you want to recover your loss by yourself, it will lead to more losses.

However, when you understand that losses is part of gambling, you will be able to control the amount that you are putting into gamble, because you know that it is not certain for you to win.

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March 24, 2024, 11:43:37 PM
 #371

If we asked all the people in the world of gambling how many of them have a plan before playing, I believe that the majority of people will answer that they have no plan. If we ask people who are in the world of gambling how many of them have managed their bankroll and how they have managed their bankroll, these people who play probably won't be able to answer, and why won't they be able to answer? They won't be able to answer because they simply don't have bank management. So what have they been doing? In my opinion they deposit any amount of money and play, when they lose they deposit money again and play. They do not have a standard when it comes to how much money they should deposit and how often. because there is no bank management

So if we ask them how do they know if they are not chasing losses? They won't respond. if we ask them how they are managing the time they play? They also have no plan to manage their time to play, that is, they spend a lot of time playing, the next day they are playing for a long time, when the end of the month arrives, they will realize that they are playing to recover the money they lost, even if they didn't plan for it. That is why it is very important to have a plan before starting to play so that the person can know what is the limit of money that he will play with, what is the time limit that the person is playing

if a person, for example, establishes that they have 1 hour of time a day to play, then that person cannot spend that 1 hour a day to play, if a person puts in 3$ a day to play, then that person should not spend more than 3 $ per day that she herself put to play. this way the person will not be playing to chase losses, the person will be playing following their game plan and will have no reason to doubt whether or not they are addicted or whether or not they gamble with the aim of chasing losses. Unfortunately, many people haven't made a plan, haven't taken gambling holidays and don't realize when they are addicted to gambling.

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March 24, 2024, 11:53:13 PM
 #372

Trying to chase loss is one of the easiest way of Lossing all you have left. The major fact about gambling is that, what is gone is gone. Just forget about the past and move on, that the only way you can gamble without putting too much of pressure to make sure you win a bet, is when you forget about the past and focus on the future. If you win consider it luck for the day and be excited for it rather than thinking of past loss.
Continuing to gamble when you are losing in the hope of getting back what you have lost is of course a very bad choice, because when we are losing, of course it will be very difficult to control our emotions and we will not be able to focus on the game we are playing. By forgetting about the losses we have experienced, maybe we will be a little better so we can use new strategies when gambling, maybe we will be able to win the bet because we play with no burden so we can make good decisions.

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March 25, 2024, 04:51:30 AM
 #373

Though gamble is basically a game of luck, and whether you win or loose is dependent on you r lick that day, even changing of strategy might not work especially, when you have the wrong sense of reasoning I'll just keep making the wrong decisions because you are desperate in making a win. However we say we gamble for fun right? If you change this mentally to gamble to make a living you might end up gambling more just to hit a target, but that is not a bad one if you have the right sense of reasoning and not let your current situation make decisions for you.
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March 25, 2024, 06:11:16 AM
 #374

Though gamble is basically a game of luck, and whether you win or loose is dependent on you r lick that day, even changing of strategy might not work especially, when you have the wrong sense of reasoning I'll just keep making the wrong decisions because you are desperate in making a win. However we say we gamble for fun right? If you change this mentally to gamble to make a living you might end up gambling more just to hit a target, but that is not a bad one if you have the right sense of reasoning and not let your current situation make decisions for you.

Easier said than done, but you're right. People shouldn't look at gambling as a source of income, but more as a hobby or expense. If their goal is to earn money chances are that it will go wrong and, if that happens, staking more in order to recover from the loss is the typical desperate behavior that may lead to even more frustration.

On the contrary, if they looked at it as just a game, it would be more difficult for them to make unreasonable decisions, even when they lost.

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March 25, 2024, 01:29:34 PM
 #375

Though gamble is basically a game of luck, and whether you win or loose is dependent on you r lick that day, even changing of strategy might not work especially, when you have the wrong sense of reasoning I'll just keep making the wrong decisions because you are desperate in making a win. However we say we gamble for fun right? If you change this mentally to gamble to make a living you might end up gambling more just to hit a target, but that is not a bad one if you have the right sense of reasoning and not let your current situation make decisions for you.

Easier said than done, but you're right. People shouldn't look at gambling as a source of income, but more as a hobby or expense. If their goal is to earn money chances are that it will go wrong and, if that happens, staking more in order to recover from the loss is the typical desperate behavior that may lead to even more frustration.

On the contrary, if they looked at it as just a game, it would be more difficult for them to make unreasonable decisions, even when they lost.

Yes it is true that the things that lead to the best approach to gambling are easier said than done, but nevertheless it is the best way we can do to minimize the possibility of too significant risks and maybe I will not give up on suggesting the best things to gamblers out of concern for safety. Looking at gambling as a place to make money is a mindset that will be very harmful to themselves which as you said will only lead to a worse situation later on.

I think it is a fact that when someone comes with the intention and purpose of earning then usually they will justify all means just to pursue victory such as making decisions that are completely unreasonable and beyond their abilities which is where this mindset will continue to end their session with disappointment because obviously even if you win you still won't be able to ignore the greed aspect in yourself which in the end makes you lose all the winnings at the beginning and the losing situation is also not much different which when losing I am sure that you will not be able to accept the fact of defeat which in the end as you said that they will act to pursue something that has been lost, it's like you're chasing your own shadow which will never work. So of course this is the reason why it is more advisable to gamble with the aim of entertainment because with this then I am sure you will not put excessive expectations on winning.

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March 25, 2024, 02:05:10 PM
 #376

Though gamble is basically a game of luck, and whether you win or loose is dependent on you r lick that day, even changing of strategy might not work especially, when you have the wrong sense of reasoning I'll just keep making the wrong decisions because you are desperate in making a win. However we say we gamble for fun right? If you change this mentally to gamble to make a living you might end up gambling more just to hit a target, but that is not a bad one if you have the right sense of reasoning and not let your current situation make decisions for you.

Easier said than done, but you're right. People shouldn't look at gambling as a source of income, but more as a hobby or expense. If their goal is to earn money chances are that it will go wrong and, if that happens, staking more in order to recover from the loss is the typical desperate behavior that may lead to even more frustration.

On the contrary, if they looked at it as just a game, it would be more difficult for them to make unreasonable decisions, even when they lost.

Yes it is true that the things that lead to the best approach to gambling are easier said than done, but nevertheless it is the best way we can do to minimize the possibility of too significant risks and maybe I will not give up on suggesting the best things to gamblers out of concern for safety. Looking at gambling as a place to make money is a mindset that will be very harmful to themselves which as you said will only lead to a worse situation later on.

I think it is a fact that when someone comes with the intention and purpose of earning then usually they will justify all means just to pursue victory such as making decisions that are completely unreasonable and beyond their abilities which is where this mindset will continue to end their session with disappointment because obviously even if you win you still won't be able to ignore the greed aspect in yourself which in the end makes you lose all the winnings at the beginning and the losing situation is also not much different which when losing I am sure that you will not be able to accept the fact of defeat which in the end as you said that they will act to pursue something that has been lost, it's like you're chasing your own shadow which will never work. So of course this is the reason why it is more advisable to gamble with the aim of entertainment because with this then I am sure you will not put excessive expectations on winning.

Viewing gambling as an entertaining game is something that is difficult for anyone to do. All current daily living expenses are settled with money. Even rich people, when participating in this game of chance, want to earn additional profits from gambling. Money is very important. Therefore, when anyone plays a game related to money, everyone wants to be the winner and regretfully wants to get back the lost money.

I think there are probably only a few people who consider gambling an entertaining game. When gambling, I think I should have a strong stance. Set strict goals and well-timed stops, and Gamble with money you can afford to lose. Only then will you be able to stay calm, not regret, and chase after the lost money.

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March 25, 2024, 02:19:30 PM
 #377

Viewing gambling as an entertaining game is something that is difficult for anyone to do. All current daily living expenses are settled with money. Even rich people, when participating in this game of chance, want to earn additional profits from gambling. Money is very important. Therefore, when anyone plays a game related to money, everyone wants to be the winner and regretfully wants to get back the lost money.

I think there are probably only a few people who consider gambling an entertaining game. When gambling, I think I should have a strong stance. Set strict goals and well-timed stops, and Gamble with money you can afford to lose. Only then will you be able to stay calm, not regret, and chase after the lost money.
Gambling is not difficult to do, why many people experience big losses due to gambling is because gambling is easy for everyone to do. and also in my opinion the steps are easy. What you say is true, of course everyone when it comes to money what they want is victory and big profits, because that is something that absolutely everyone wants. but the problem is that this desire often opens the door to big problems such as losses because with this desire we can gamble excessively and of course that is not good.
That's true, not many people gamble with the aim of having fun, because many gamblers who gamble their main aim is to win, and for those who gamble with the aim of entertainment, it's impossible for them not to want to win, I think They also want to win but they can control themselves so that no big losses occur because their actions are controlled and their thinking does not encourage excessive gambling.

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March 25, 2024, 03:25:41 PM
 #378

Though gamble is basically a game of luck, and whether you win or loose is dependent on you r lick that day, even changing of strategy might not work especially, when you have the wrong sense of reasoning I'll just keep making the wrong decisions because you are desperate in making a win. However we say we gamble for fun right? If you change this mentally to gamble to make a living you might end up gambling more just to hit a target, but that is not a bad one if you have the right sense of reasoning and not let your current situation make decisions for you.

Luck is part of our lives, as well as people who make a living cannot be separated from luck. Gambling is entertainment provided by service providers and casino platforms for their users to enjoy every game they provide. there are games based on luck, dexterity, and also gambling which involves knowledge, skill and insight. whatever the type and strategy, it will always involve luck.  although, each game will be different. I don't need to explain it, because I'm sure we already know it very well. referring to what you said, it is true that gambling is basically for fun. budget the funds that have been provided, then play and be ready to lose in exchange for the fun we play. Obviously here we will involve luck, dexterity and all kinds of things to find out how to win at gambling. After all, almost all gamblers want to get the sensation of winning, apart from entertainment and fun. 

The problem is, not a few people think that gambling can make a lot of money instantly and with the lowest possible bankroll. Also, there are also those who consider it to earn a living. It's not uncommon for gamblers to be desperate to get their luck. but in the end, they just go back to gambling again and again. In the end, as the title of this thread suggests, many gamblers return to gambling to recover losses or in other words chase losses. yeah, this is what most of us experience and I have experienced it too. well, ideally know the limits of what we can afford. Also, put aside thoughts of making a living from gambling. be aware of the limit that we can afford to lose, then stop if it is no longer fun. It's not easy, but if we don't change our thinking, we won't discipline ourselves either. the result, as told by many addicted gamblers.


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March 25, 2024, 05:47:36 PM
 #379

The problem problem comes from  greediness , desire for more after some wins .
Well, it's okay to desire for more but you have your profit already and still want more and more , IMO there should be some return target profit according to the fund use for gambling  and once its acquired you could pause it to play next time or you could use out of your extra profit gained from it if you desire for more and if the opposite  comes set a point to pause gambling (for loss), with these you can make something out of gambling nor gambling it all with focus ,besides gambling should be taken as playing  for fun


Trying to chase loss is one of the easiest way of Lossing all you have left. The major fact about gambling is that, what is gone is gone. Just forget about the past and move on, that the only way you can gamble without putting too much of pressure to make sure you win a bet, is when you forget about the past and focus on the future. If you win consider it luck for the day and be excited for it rather than thinking of past loss.

Gambling should be done with caution, it's not bad to continue gambling when we are losing out, but the game should be limited and get stopped the moment we had set to stop gambling. No gambler that exceeds his gambling time, that'll get back home happy. As he'd lose out all his funds in the process. Hence, while chasing loss, it should be limited. That's till responsible gambling. It's only irresponsible when the gambler doesn't stop at a given time. The limitations could be on time or funds. Players should develop the need to stop playing the moment their designated amount for gambling has been exhausted. But moving ahead to deposit more money to gamble again isn't right. That's a sign of addiction. A gambler should be contented with what he's got, not to get passed it. They'll be no fun losing out all our funds in one session. It's painful and would leave the gambler worried for some days, which is a new stage of anxiety. That's not worth the stress, when we have the control to stop playing earlier when things have not gotten out of hand. However, some gamblers still lack the orientation to follow good and responsible ethics.

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March 25, 2024, 06:05:23 PM
 #380

A gambler who is trying to win back his past losses should first consider why he changed his goals. After all, initially such a gambler most likely came to the casino to win. Having lost money he wants to return it. Only he does not realize that now it is now the money of the casino with which it clearly does not want to part with. Therefore, play only on the money that you are not sorry to lose, and better yet, immediately say goodbye to the money that you funded your casino account. So it is easier to accept their loss, and after all, losing is an integral part of gambling.
One doesn't necessarily have to say goodbye to the money they deposit in their gambling account because one can sometimes win something back, but one should be mentally ready to lose that money because in gambling one can either win or lose, but there are more chances of one losing against the house because that is how gambling in general is.

People who chase their losses are those who can't digest the fact that their money is gone, they have never thought that they can also lose their money because they started gambling to earn money which is wrong in the first place. So the very first thing one needs to do is to clear their mind and concept about gambling that it is not a way for them to earn money.

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