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Author Topic: Dont chase your loss  (Read 3036 times)
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March 09, 2024, 10:31:20 PM
 #201

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?

Many gamblers goes broke as a result of chasing losses. Chasing losses is just like a child that is being beaten by an elder and the child is trying to revenge of which it is impossible to fight back because the elder is more powerful. Chasing losses is just a way of even running into more extreme losses than recovery.

One of the reasons why people chase losses is the fact that people are playing with money that was not intended for gaming, some people take the money intended to pay bills or even borrow money and then take it and deposit it at the casino and play. using that money that they borrowed or that was intended to pay bills and they lose everything or they lose part of the money, as it is money that they need to return so these people start playing under pressure in the sense that they must play to win and recover the money they they lost, but this movement is the worst mistake a person makes, it leads the person to have more losses and accumulate more bills and there comes a time when the person becomes psychologically depressed and thinks about committing suicide and when they see no other way out, then the person actually commits suicide

here in my country there are many cases of this type, cases in which a person borrows money and starts playing and then loses everything and how the person who lent him the money is constantly demanding money and makes death threats, so the player who borrowed borrowed the money and lost everything gambling, they decide to commit suicide, only last month in my country there were many cases of people who work in the government and took out a loan and lost everything gambling and killed themselves, they all played the same game and they all they took out loans of high amounts, the case has been increasing a lot, in the month of December last year and January of this year the cases of suicide involving gambling in my country were already high, and it is always the same game

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March 09, 2024, 10:37:29 PM
 #202

Discipline and consistency should matter in the system. Losses occur on a daily basis, and we hope that our losses do not exceed our profits in the overall system. Do not chase losses since it could negatively impact in the end. Instead, look on the positive side and seek the opportunity to succeed abundantly. We should never stop engaging in gambling-related activities because each new day brings new opportunities. I delight in waking up every day because I will never be unfortunate for 365 days; instead, there will be more profitable days than losing ones.

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March 09, 2024, 10:42:22 PM
 #203

Chasing of lose is the beginning of many gamblers losing. When they lose a game they would have the motivation that they will hit the jackpot one day and that one day the chasing of the lose to lose more until the gambler empty his pocket and sometimes he would enter or used his properties to gamble to win back his lose and along the line the properties would also lose. Personally I like gamblers that are responsible and give up at the moment and prepare to come back later and not gambling all the day.

Let's be responsible at once in gambling. Some gamblers stay in the gambling hall from morning till evening arguing with people that came to the place to bet and left you are still there arguing with anyone that came. Go home and prepare to come back and win.









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March 09, 2024, 10:45:21 PM
 #204

Discipline and consistency should matter in the system. Losses occur on a daily basis, and we hope that our losses do not exceed our profits in the overall system. Do not chase losses since it could negatively impact in the end. Instead, look on the positive side and seek the opportunity to succeed abundantly. We should never stop engaging in gambling-related activities because each new day brings new opportunities. I delight in waking up every day because I will never be unfortunate for 365 days; instead, there will be more profitable days than losing ones.
It is difficult for every gambling addict to avoid this because their greed will not accept losses and they will look for opportunities to recover losses only from gambling, so the solution is that we must remind them to reduce gambling activities and limit funds for gambling because gambling is not guaranteed to recover losses but will only adding to greater losses, they should be open to receiving advice from others so that they consider not doing reckless things in gambling.

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March 09, 2024, 10:59:26 PM
 #205

Discipline and consistency should matter in the system. Losses occur on a daily basis, and we hope that our losses do not exceed our profits in the overall system. Do not chase losses since it could negatively impact in the end. Instead, look on the positive side and seek the opportunity to succeed abundantly. We should never stop engaging in gambling-related activities because each new day brings new opportunities. I delight in waking up every day because I will never be unfortunate for 365 days; instead, there will be more profitable days than losing ones.
It is difficult for every gambling addict to avoid this because their greed will not accept losses and they will look for opportunities to recover losses only from gambling, so the solution is that we must remind them to reduce gambling activities and limit funds for gambling because gambling is not guaranteed to recover losses but will only adding to greater losses, they should be open to receiving advice from others so that they consider not doing reckless things in gambling.

Will keep adding more damages as I'd ever that luck back them up instead of quitting they'll think that it's their time now to start their winning streaks,  they will notice that they missed the opportunity to recover once the money inside their bankroll has been emptied again,  you need to remind them that gambling needs to be carried wisely,  if you failed to control your emotions  you see yourself committing that same mistakes to the point that you'll frustrate yourself and push you to add more money in trying to recover back all those losses.

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March 09, 2024, 11:27:57 PM
 #206

Or maybe they can chase their loss and find out why people warn so much about it. The desperation that follows each game when you’re trying to chase loses adds to why it becomes worse as you play more. Eventually you start to lose and start staking 2x of what you were staking so you can recover the money faster. The only known solution is accepting defeat and letting it go, if you don’t, you’ll lose even way more than you already did.



 

 

 

 

 

 


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March 10, 2024, 01:27:58 AM
 #207

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?
Well the case at most cases is that many of those who chase after a lose is as a result of some things like when they borrow money to gamble with or when they are already in high lose and wanting to recover from that,  and not being able to hold back and watch the loses slide away.

The best way to prevent such tension is to always keep in mind that gambling is a game of chances and while you are at that you should just take it as something to pass time and not make money from,  if you have such understanding,  it will be hard to see yourself taking a particular directions.


It will always be good to play in peace, that is, without any pressure, because in some way daring sometimes works, when you play with pressure things can go wrong because pressure makes things forced, for example if I am forced to win I'm going to be very stressed and because things won't turn out well for me because that's going to cause more discomfort in my life, I'm not willing to go to a casino just to be stressed, it's true that you go to a casino because you want to play and win, but you also have to accept the designs of the casino, and the home advantage, the luck in us as players and I go out that influences a lot, I have always said something, if I feel lucky I play, if not, it is It is better not to play because that same heaviness that one has, one can even lose and blame something as simple as that.

Sometimes these types of things can turn out to be very silly, or almost unimportant, but the details are what make the difference. Out of my own experience, one day I started playing dice in a casino, but I was upset, and when I lost I felt twice as upset, so I don't like that feeling, and since it didn't bother me, I didn't play again feeling angry or doing things to get out of trouble.


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March 10, 2024, 06:56:22 AM
 #208

Or maybe they can chase their loss and find out why people warn so much about it. The desperation that follows each game when you’re trying to chase loses adds to why it becomes worse as you play more. Eventually you start to lose and start staking 2x of what you were staking so you can recover the money faster. The only known solution is accepting defeat and letting it go, if you don’t, you’ll lose even way more than you already did.

The problem with that is that you may think now that it is very rational, but when you start to chase your losses you are in an emotional state. People who chase their losses know deep down that they shouldn't do it. If you ask them on a weekday when they are not in the casino and they are completely calm they will probably tell you that they shouldn't chase their losses but come Friday night and it's a different story.

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March 10, 2024, 06:58:07 AM
 #209

They have a different thought towards gambling and whether you remind them or not for several times and they won't listen, that's already their fault when they become too much with gambling. The idea comes from the thought of chasing their losses and no one is there to understand them because it is their money that they've been chasing and no one will help them to take that money back but only them. Not until they realize that it is going nowhere and they're incurring more losses instead of recovery.
Everyone has different thoughts about gambling and more so for individual customers, however much we remind them that gambling will not be able to provide consistent profits. But for them this is not a problem because they have been influenced by something much bigger in gambling. Chasing defeat until you win can have an impact on subsequent losses because gambling prioritizes luck. What percentage of people manage to recover losses in gambling and are hardly much larger than subsequent losses.

Gambling can be handled differently for people who are just having fun than for people who are addicted. But it will be much more difficult for those who are addicted because they are unable to manage a budget for gambling. There is no way to recover losses in gambling and I think it is very difficult to get lucky streaks in gambling.

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March 10, 2024, 09:41:32 AM
 #210

I agree with you, with gambling addiction of course it affects our mindset where our mindset will become more aggressive leading us to bigger losses, the feeling of wanting to recover from these losses encourages us to continue gambling. It's just that it will make us lose more money, which is very real when we are addicted to gambling. With addiction, they won't think about the risk of loss, and even if they win, it won't be the end of their gambling. When they win, they will be more enthusiastic and confident that they will be able to get a bigger win, but that certainly doesn't mean the risk of loss is gone, of course the risk of loss will be greater, as time goes by they will increasingly lose control of themselves. and that is detrimental to themselves.

chasing wins or recovering from losses indicates they lack self-control. Indeed, all gamblers definitely want a profitable win to get, but their way of getting that win is wrong, victory doesn't have to be pursued, because victory will come by itself if luck is on their side, it's just that many of them gamble and end up losing and have a grudge to gamble again with the aim of recovering losses, but this only makes them fall further into the cycle of gambling losses.
A harsh cycle that fosters hostility and a never-ending quest for victory. Misunderstanding gambling is more than lack of self-control.

First, the idea that triumph will "come by itself if luck is on their side" is erroneous. Not luck, but recognizing odds and making smart choices. Even with all the knowledge in the world, the house always wins. That keeps casinos going, guys.

Our gaming strategy needs a total makeover. Its no means to an end or loss recovery. Like any game, it can be played smartly. Yes, we must teach people about risks, but also about chance and probability. Only then can we break the pattern and help addicts.

with those who gamble excessively, perhaps it could be said that they are chasing losses or want to recover their losses, and I think this indicates that they do not have self-control which is caused by their misunderstanding of gambling from the start. If they could understand gambling well from the start, perhaps this would not have happened, there would be no desire or thought to chase wins or want to recover losses. with the fact that many gamblers experience this, and sometimes they say it to themselves, "maybe with gambling now they will be able to produce a win that can reverse the losses that have occurred", I have heard that sentence from young people who are addicted to gambling, and in my opinion indeed they expect more from gambling. therefore they have wrong thoughts.

What you say is correct, the reality about the host is always real, that's the rule. because their goal in holding gambling is also to make a profit, so they must have designed all the available games to make a profit for themselves, even though there is a chance of winning, but in my opinion it is only unlikely, because the most likely is losing. It is true that it can be done, but for those who are addicted to gambling, it will not be easy for them to receive input or other things from other people. because they are addicted they will only focus on gambling that they think about, where there is a win they can get and they are sure of that. I once found a gambler who said that with the many losses that have occurred, behind that there is a big win that will be obtained, I don't deny that, just don't forget that the risks and impacts of gambling are big. it can even make our lives end.

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March 10, 2024, 03:38:14 PM
 #211

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?
Well the case at most cases is that many of those who chase after a lose is as a result of some things like when they borrow money to gamble with or when they are already in high lose and wanting to recover from that,  and not being able to hold back and watch the loses slide away.

The best way to prevent such tension is to always keep in mind that gambling is a game of chances and while you are at that you should just take it as something to pass time and not make money from,  if you have such understanding,  it will be hard to see yourself taking a particular directions.


It will always be good to play in peace, that is, without any pressure, because in some way daring sometimes works, when you play with pressure things can go wrong because pressure makes things forced, for example if I am forced to win I'm going to be very stressed and because things won't turn out well for me because that's going to cause more discomfort in my life, I'm not willing to go to a casino just to be stressed, it's true that you go to a casino because you want to play and win, but you also have to accept the designs of the casino, and the home advantage, the luck in us as players and I go out that influences a lot, I have always said something, if I feel lucky I play, if not, it is It is better not to play because that same heaviness that one has, one can even lose and blame something as simple as that.

Sometimes these types of things can turn out to be very silly, or almost unimportant, but the details are what make the difference. Out of my own experience, one day I started playing dice in a casino, but I was upset, and when I lost I felt twice as upset, so I don't like that feeling, and since it didn't bother me, I didn't play again feeling angry or doing things to get out of trouble.


That insidious force turns pleasure into suffering, turning a game into a stress trap. You're right: playing peacefully is essential! Managing stress at the casino requires knowing the nature of decision-making under pressure

Mentioning the fallacy of playing under pressure highlights the magnificent illusion of control. Players enter the casino full of expectation, unaware that the dice have no regard for them. The instant you enter thinking you must win to beat the odds, you've lost. How come? Because pressure changes the experience, turning delight into desperation

Aren't the house advantage and luck constants? We forget that our best weapon is our game mindset, not luck. Your moment of enlightenment when rage quadrupled your loss teaches emotional intelligence and reminds us that our biggest enemy is frequently our thinking

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March 10, 2024, 04:37:19 PM
 #212

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.

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March 10, 2024, 11:37:30 PM
 #213

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.

Yes, it means that most gamblers are not responsible for their decision to engage in gambling activities so they do not have the ability to accept the fact of losing at the end of the session which in turn makes them take actions that are actually not recommended at all such as "chasing losses". On the other hand it is a fact that chasing a recovery for something you have already lost in gambling will only make you experience more losses, it is obvious because the reason is that there is absolutely no certainty that you can win at the end of the session, while on the other hand this is a business for casinos whose goal is to benefit the house and obviously when they try to chase wins in the next few sessions then losses usually dominate.

What you said is true and I fully agree with the statement that they are typical gamblers who find it difficult to accept and forget defeat, in my opinion from this action alone we can actually conclude that their intention and purpose of gambling is to make money so that when defeat occurs they are unable to accept reality. Therefore, it is always recommended to make gambling as nothing more than a recreational activity or playground when you are bored, gambling responsibly is highly recommended because no matter what, gambling is still a high-risk activity because what is feared is when you get carried away and fall into the wrong path, the point is that it is an absurd act if you put seriousness along with hope in a place that does not actually have any certainty and guarantee.

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March 10, 2024, 11:52:59 PM
 #214

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.

Lossing money repeatedly in gambling, registers in the memory, and won't be erased. The more the player keeps experiencing the loss, he battles in those thoughts, about his lost money. And other things he would have done with the money. Players who give it a break and try to do other things, still remember their losses, not like a steady player. The behavior worsens on a daily occurrence. Compared to once a while period of gambling. Not all gamblers are comfortable with seasonal gambling, they follow the game, quickly, to win big. But the house only deals with them, by letting the player win, then sweep both his funds and wins away.

Since, it's a game between the player and the house, staying prepared in the maintenance and management aspect of the game is crucial. However, not everyone is aware of the dangers of gambling, they are naive and think it's an easy means of doubling money. That's why many gamblers not just the newbies, end up behaving this way, chasing loss. One can't give what he doesn't have. A player who doesn't know about a good gambling strategy wouldn't mind trying it. Hence, it shows, the gambler whether new or aged, has to know the precautions in gambling, before he can act accordingly to maintaining his funds.

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March 12, 2024, 06:40:42 AM
 #215

They have a different thought towards gambling and whether you remind them or not for several times and they won't listen, that's already their fault when they become too much with gambling. The idea comes from the thought of chasing their losses and no one is there to understand them because it is their money that they've been chasing and no one will help them to take that money back but only them. Not until they realize that it is going nowhere and they're incurring more losses instead of recovery.
Everyone has different thoughts about gambling and more so for individual customers, however much we remind them that gambling will not be able to provide consistent profits. But for them this is not a problem because they have been influenced by something much bigger in gambling. Chasing defeat until you win can have an impact on subsequent losses because gambling prioritizes luck. What percentage of people manage to recover losses in gambling and are hardly much larger than subsequent losses.

Gambling can be handled differently for people who are just having fun than for people who are addicted. But it will be much more difficult for those who are addicted because they are unable to manage a budget for gambling. There is no way to recover losses in gambling and I think it is very difficult to get lucky streaks in gambling.

There's a big problem for a gambler that already engage that deep into gambling, addiction bring him not to think about any financial responsibilities, he just go all in thinking that he may satisfied his lust and desire on gambling but he will keep losing money as there's no control on him anymore, that's the sad part when you fall into addiction instead of having some fun you'll find yourself engaging and not to put any limitation, you'll keep chasing for your losses and keep adding more money in your bankroll.

Though, I also see your point for those who are just playing to kill some time and to enjoy the pleasure of gambling especially to those who have their limit budget and not exceeding, they just enjoy without any pressure to recover anything after playing.

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March 13, 2024, 06:35:14 PM
 #216

There's a big problem for a gambler that already engage that deep into gambling, addiction bring him not to think about any financial responsibilities, he just go all in thinking that he may satisfied his lust and desire on gambling but he will keep losing money as there's no control on him anymore, that's the sad part when you fall into addiction instead of having some fun you'll find yourself engaging and not to put any limitation, you'll keep chasing for your losses and keep adding more money in your bankroll.

Though, I also see your point for those who are just playing to kill some time and to enjoy the pleasure of gambling especially to those who have their limit budget and not exceeding, they just enjoy without any pressure to recover anything after playing.
Gambling can have a bad effect on people and the problem is that people never realize that excessive gambling addiction can cause problems in their lives. Certain people gamble just for fun and even though they spend a lot of money, they spend the money according to the income they earn so that it does not affect their overall finances. Gambling is an activity that has been going on for a long time and rarely can people be held responsible for their excessive gambling.

Having a limited budget will make it much more difficult to handle gambling because everyone will have other responsibilities for the family. Moreover, if the monthly income is not balanced with expenses, it will be much more difficult when we are involved in gambling.

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March 13, 2024, 09:01:48 PM
 #217

~
Gambling can have a bad effect on people and the problem is that people never realize that excessive gambling addiction can cause problems in their lives. Certain people gamble just for fun and even though they spend a lot of money, they spend the money according to the income they earn so that it does not affect their overall finances. Gambling is an activity that has been going on for a long time and rarely can people be held responsible for their excessive gambling.

Having a limited budget will make it much more difficult to handle gambling because everyone will have other responsibilities for the family. Moreover, if the monthly income is not balanced with expenses, it will be much more difficult when we are involved in gambling.
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.

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March 14, 2024, 03:33:57 PM
 #218

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.
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March 14, 2024, 04:09:39 PM
 #219

Initially I had guessed that the response of my friends here would be to say that when we chase after our defeat, we will fall deeper and deeper. So it really does happen in the world of gambling, and the percentage is high. This means that many people have experienced this and we have to be careful before doing stupid things.

Yes, because this is a game of luck, so there is still a little belief for some people that chasing losses is possible. I once saw a streamer who initially lost $5000 in a game of plinko, but he added another $5000 deposit and managed to get a profit of $8000. He took home his $18k after playing plinko for quite a long time, maybe about 2 hours.

But once again, budgeting is important in gambling, so that you don't lose too much. In my opinion, the art of gambling is a little capital, win a lot. It is the art of gambling or betting.
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March 14, 2024, 04:51:58 PM
 #220

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.

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