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Author Topic: Dont chase your loss  (Read 3036 times)
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March 16, 2024, 12:21:30 PM
 #261

Gambling should always be viewed as a long-term plan rather than a quick way to get rich. Anyone who enters gambling with the expectation of winning big and fast is setting themselves up for disappointment. Responsible gambling, on the other hand, entails setting boundaries and managing expectations. It all comes down to developing and sticking to a strategy.
One problem that majority of gamblers encounter is the intentions for Gambling, this is what determines what gambling technique a person employs, so it's important to always remember that Gambling is nothing more but game meant for recreational purpose and not to maximize profit

In general, gambling is entertainment in the form of games that use money as a medium of exchange. There is indeed a chance to win at gambling and if you are lucky you might be able to win a big win, but of course don't expect to get rich quickly by gambling. because the reality is that losing has a greater chance than the chance of winning is real and cannot be changed, especially since we are just gamblers acting as ordinary players. It's true what you said, if we have high hopes for gambling, it will most likely only end in disappointment because it is very likely that the gambling we do will only end in defeat or loss of the money we bet.

so that everything is fine, of course we must be able to have certain limits in the gambling we do, don't let the gambling we do be excessive, such as when the gambling we do ends in defeat and we gamble again by depositing more money and gambling again, the idea is to chase wins. or recovering the loss will only leave us in greater loss. Many gamblers force themselves to gamble because they want to get luck or win, even though winning in gambling cannot be achieved at will, even if we try hard it will not result in winning if we don't have luck in gambling. It is not recommended to chase losses or recover losses.

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March 16, 2024, 01:50:40 PM
 #262


If you must be safe while gambling don't be selfish and sentimental, take every aspect of it for fun either at your losts of winnings. Be conscious while gambling to stay responsible to life and to be he society because gambling itself has a frustrating potential possessions if the gamblers are not able to take care of their emotions.
I support you in the aspect of saying that gambling should not be played selfishly but I disagree with that of sentimental. It is only selfishness that will make some not to play for fun and want to have it all to yourself, Puting yourself at risk of loosing in chasing after loses. The best way to scale through this habit of selfishness of chasing after loss, is by reducing the level of your pursuit or emotional drive of wanting to get rich quickly. Because the notion of get rich quick in gambling is the reason behind chasing after loses. But the moment you set you budget at zero, by playing and removing your mind of what to do with the money expected from the win, the better. Because that is just the way to handle it.

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March 16, 2024, 02:32:56 PM
 #263

Gambling should always be viewed as a long-term plan rather than a quick way to get rich. Anyone who enters gambling with the expectation of winning big and fast is setting themselves up for disappointment. Responsible gambling, on the other hand, entails setting boundaries and managing expectations. It all comes down to developing and sticking to a strategy.
One problem that majority of gamblers encounter is the intentions for Gambling, this is what determines what gambling technique a person employs, so it's important to always remember that Gambling is nothing more but game meant for recreational purpose and not to maximize profit
What long term plan? gambling isn't something that need to be long term, short term, medium term etc. You're free to gamble when you want and how long you want, either short term or long term, the result will be same.

The most important point in gambling is only gamble what you can afford to lose, while the other thing you're free to choose whatever you want.

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March 16, 2024, 02:51:14 PM
 #264

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 people may gamble when needed but I never accept gambling when needed. Gambling should always be used for entertainment Gambling should never be used outside of entertainment. Those who gamble out of necessity always lose and suffer on gambling platforms. I never gamble when necessary because gambling when necessary will never give me positive results. Also, gambling platforms should always use a fixed budget of 1%-5% of income and should never be used outside of the fixed budget for gambling.

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March 16, 2024, 02:53:02 PM
 #265


If you must be safe while gambling don't be selfish and sentimental, take every aspect of it for fun either at your losts of winnings. Be conscious while gambling to stay responsible to life and to be he society because gambling itself has a frustrating potential possessions if the gamblers are not able to take care of their emotions.
I support you in the aspect of saying that gambling should not be played selfishly but I disagree with that of sentimental. It is only selfishness that will make some not to play for fun and want to have it all to yourself, Puting yourself at risk of loosing in chasing after loses. The best way to scale through this habit of selfishness of chasing after loss, is by reducing the level of your pursuit or emotional drive of wanting to get rich quickly. Because the notion of get rich quick in gambling is the reason behind chasing after loses. But the moment you set you budget at zero, by playing and removing your mind of what to do with the money expected from the win, the better. Because that is just the way to handle it.

Isn't it usually the gamblers who are always chasing their lost amounts who have already lost large amounts? That where they are chasing is not easy to earn the amount that he is chasing that he lost in gambling? And the others that they are chasing may be that the money that was lost was actually meant for that; they were just tempted to use it for gambling.

That's why greediness is not really good once it enters the mind of a gambler; we are immediately controlled once greed enters us. Something that cannot be easily removed immediately.



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March 16, 2024, 03:06:50 PM
 #266

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 people may gamble when needed but I never accept gambling when needed. Gambling should always be used for entertainment Gambling should never be used outside of entertainment. Those who gamble out of necessity always lose and suffer on gambling platforms. I never gamble when necessary because gambling when necessary will never give me positive results. Also, gambling platforms should always use a fixed budget of 1%-5% of income and should never be used outside of the fixed budget for gambling.

Based on your perception, this is the right step for gamblers, but not all gamblers will carry out this behavior because of their various motives and goals for entering the casino environment.
Indeed, casinos are very tempting for fans who only think about money and their money will be willing to throw their money at the casino with the main aim of adding or making more money. However, for people who only rely on gambling as entertainment, it can also be used properly and appropriately.
Therefore, yes, it is true that gambling is only for entertainment and is not used outside of entertainment, especially if it is related to our daily income, of course we should not force it if we cannot afford it. By betting using the remaining money for our daily needs it is much more important and safe.

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March 16, 2024, 03:52:35 PM
 #267

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?
Not sure what you mean by inhast, but the opinion is the same. You shouldn't be chasing your loss when it comes to gambling. Only those who can't afford to lose, are the ones that chases their losses. Think of loss as a form of "payment" for the entertainment you were having while gambling. If you can't pay for those entertainment, you shouldn't be gambling in the first place. I have seen and heard horror stories where people tries to recover their losses, gets frustrated, bets everything they have in one go, and then ends up with nothing. I have even seen people going into deep debts trying to chase their losses. The best thing is to do is forget about your losses, move on and try to do something better.

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March 16, 2024, 04:06:43 PM
 #268

I also don't understand why Blitzboy says gambling with the right mindset can be a healthy lifestyle, but I get the impression that if gamblers have the right mindset towards gambling then they most likely won't have any major problems. Being a responsible gambler is a must for every gambler, but not all gamblers are responsible gamblers.

You may have noticed that some unsuccessful gamblers have lost everything and they got into big trouble. Going bankrupt, falling into poverty, changes in behavior to depression, these are the impacts of irresponsible gambling. So being a responsible gambler is a must because with it gamblers can avoid many problems.
Maybe this means that gambling responsibly is a way to change your mindset to be healthier compared to gambling irresponsibly. Gambling responsibly will allow someone to control their finances because they can manage their gambling budget a little more. For example, if someone gets a fixed monthly salary then they make a percentage of their budget to gamble responsibly according to other needs they have prepared.

Gambling should be handled more responsibly so that people do not have problems in the future such as bankruptcy, depression and loss of happiness with their family. That is why gambling should not be involved if one does not have steady money earned from work as it will be much more difficult for them to manage finances.

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March 16, 2024, 04:34:14 PM
 #269

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?
Not sure what you mean by inhast, but the opinion is the same. You shouldn't be chasing your loss when it comes to gambling. Only those who can't afford to lose, are the ones that chases their losses. Think of loss as a form of "payment" for the entertainment you were having while gambling. If you can't pay for those entertainment, you shouldn't be gambling in the first place. I have seen and heard horror stories where people tries to recover their losses, gets frustrated, bets everything they have in one go, and then ends up with nothing. I have even seen people going into deep debts trying to chase their losses. The best thing is to do is forget about your losses, move on and try to do something better.

The reason why you should allocate spare money for your gambling, same with your opinion losses should be accepted and not to be chased as it will just lead you to lose more, acceptance and move forward is the best key to prevent getting more damages with your finances, like what you mentioned there are people who deep dive to gambling and ends up losing more than they can afford to lose, to the point that they loan money and losses everything to gambling.

Creates more problem, it's better to treat gambling as form if entertainment and the money that you lose can be treated as payment for your enjoyment,

If you exceed from your budget and you forget about your limitation, one thing for sure can happen to you, lose and chase and regret after, that's the most common outcome.

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March 16, 2024, 05:10:44 PM
 #270

They don't intend to gamble for fun, and neither would they like to gamble in vain without actually actualizing some profits before the end of their gambling day.
That is the problem many people have. Are they stupid? They see a betting company increasing in workers and having more money. Do they not know that is possible because most gamblers are losing and the gambling companies are making money? If a gambler do not want to gamble for fun, he should not gamble. If he is looking for money, he should get a job.
I don't think it's a problem or stupidity but more of a preference only. Given that they are not stupid, of course they aware that a success of a betting company won't be possible without their help. They are mainly playing for the money but it does not mean that they are not having fun anymore. The element of it is still there but unlike to those who fully play for fun that once their session is over and their results are mostly negative, they are still happy, those who play for the money will feel bad because they also use a higher amount as this is the best way to earn big once the game favours you and where do you think they get their money if they don't have a job?

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March 16, 2024, 05:32:19 PM
 #271

Gambling should always be viewed as a long-term plan rather than a quick way to get rich. Anyone who enters gambling with the expectation of winning big and fast is setting themselves up for disappointment. Responsible gambling, on the other hand, entails setting boundaries and managing expectations. It all comes down to developing and sticking to a strategy.
One problem that majority of gamblers encounter is the intentions for Gambling, this is what determines what gambling technique a person employs, so it's important to always remember that Gambling is nothing more but game meant for recreational purpose and not to maximize profit
What long term plan? gambling isn't something that need to be long term, short term, medium term etc. You're free to gamble when you want and how long you want, either short term or long term, the result will be same.

The most important point in gambling is only gamble what you can afford to lose, while the other thing you're free to choose whatever you want.

Yes that's right, there are basically no rules or regulations in gambling that lead to the necessity for a gambler to maintain his involvement in gambling, it is a game of probability that is shrouded in the chance of winning money but should not be prioritized and taken seriously because all wins are always random to determine who will win and who will be disappointed by losing. For me gambling is nothing more than a leisure activity when I'm feeling bored and don't know what to do, and it's also something I gamble on when I have some budget that's not being used for other needs, or a bottom line that I'm ready to lose.

The other thing is as I said above that winning is always random which means it's always unknown whether you'll win or lose at the end of the session because casinos only provide "odds" and not certainties, so with this it's certainly as suggested that it's better to treat gambling naturally, don't get your hopes up and limit all decisions to minimize all possible regrets.

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March 16, 2024, 05:33:55 PM
 #272

They don't intend to gamble for fun, and neither would they like to gamble in vain without actually actualizing some profits before the end of their gambling day.
That is the problem many people have. Are they stupid? They see a betting company increasing in workers and having more money. Do they not know that is possible because most gamblers are losing and the gambling companies are making money? If a gambler do not want to gamble for fun, he should not gamble. If he is looking for money, he should get a job.
I don't think it's a problem or stupidity but more of a preference only. Given that they are not stupid, of course they aware that a success of a betting company won't be possible without their help. They are mainly playing for the money but it does not mean that they are not having fun anymore. The element of it is still there but unlike to those who fully play for fun that once their session is over and their results are mostly negative, they are still happy, those who play for the money will feel bad because they also use a higher amount as this is the best way to earn big once the game favours you and where do you think they get their money if they don't have a job?

You don't think people like that live off casinos. If such people exist, they are one in a million. I sincerely do not understand people who do not have a job and allow themselves to gamble. This does not apply to professional gamblers who spend 8 hours a day on analytics and forecasting. This applies to those who live off other people and instead of looking for a job or some kind of part-time work saps money in the casino.  

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March 16, 2024, 05:44:29 PM
 #273

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 people may gamble when needed but I never accept gambling when needed. Gambling should always be used for entertainment Gambling should never be used outside of entertainment. Those who gamble out of necessity always lose and suffer on gambling platforms. I never gamble when necessary because gambling when necessary will never give me positive results. Also, gambling platforms should always use a fixed budget of 1%-5% of income and should never be used outside of the fixed budget for gambling.
Do many people have different option to gamble and the I believe that why we gamble because of we want a quick money and we want to in reach ourselves so therefore I believe that gambling is all about a risk, so whoever that is into gambling no quite well that gambling is all about advantages and disadvantages and it can happen at any point in time and the most times people take gambling is because of the money that spent in gambling and they are chasing to get the money back, if you follow such measure you might lose more and more in the gambling so that is why we don't have to follow gambling the way we lose in gambling

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March 16, 2024, 06:24:09 PM
 #274

Gambling should always be viewed as a long-term plan rather than a quick way to get rich. Anyone who enters gambling with the expectation of winning big and fast is setting themselves up for disappointment. Responsible gambling, on the other hand, entails setting boundaries and managing expectations. It all comes down to developing and sticking to a strategy.
One problem that majority of gamblers encounter is the intentions for Gambling, this is what determines what gambling technique a person employs, so it's important to always remember that Gambling is nothing more but game meant for recreational purpose and not to maximize profit

In general, gambling is entertainment in the form of games that use money as a medium of exchange. There is indeed a chance to win at gambling and if you are lucky you might be able to win a big win, but of course don't expect to get rich quickly by gambling. because the reality is that losing has a greater chance than the chance of winning is real and cannot be changed, especially since we are just gamblers acting as ordinary players. It's true what you said, if we have high hopes for gambling, it will most likely only end in disappointment because it is very likely that the gambling we do will only end in defeat or loss of the money we bet.

so that everything is fine, of course we must be able to have certain limits in the gambling we do, don't let the gambling we do be excessive, such as when the gambling we do ends in defeat and we gamble again by depositing more money and gambling again, the idea is to chase wins. or recovering the loss will only leave us in greater loss. Many gamblers force themselves to gamble because they want to get luck or win, even though winning in gambling cannot be achieved at will, even if we try hard it will not result in winning if we don't have luck in gambling. It is not recommended to chase losses or recover losses.
Money teeters between possibility and actuality in this game. Winning, big or small, is tempting, but losing is more likely. Human nature is reflected in these odds. We remember successes vividly and thrillingly, whereas defeats fade into the background until they become too heavy to ignore

Limits are wise, but do we follow them? We fail this willpower test not because we don't know what to do, but because the what if becomes louder than the what is. The pursuit of healing promises relief but only deepens anguish

The dilemma: Can we reprogram our brains to view gambling as enjoyment with an expiration date rather than a means to an end? Awareness and a dramatic paradigm shift are needed. The key is to value the experience over the outcome and realize that true luck is the capacity to walk away, win or lose, with our heads held high and our pockets full

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March 16, 2024, 06:36:12 PM
 #275

Chasing after lose will only lead to having disappointment because we obviously can't win over the house, when we are gambling, we should be more focused on the fun and not the money to win in gambling, this is not like the businesses we do that we wait in anticipation for profits, we should view gambling as a means that create an atmosphere for having pleasure, that is why we cannot afford to gamble with the money that is not our own or the amount in which we cannot afford to lose.

R


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March 16, 2024, 06:38:28 PM
 #276

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 people may gamble when needed but I never accept gambling when needed. Gambling should always be used for entertainment Gambling should never be used outside of entertainment. Those who gamble out of necessity always lose and suffer on gambling platforms. I never gamble when necessary because gambling when necessary will never give me positive results. Also, gambling platforms should always use a fixed budget of 1%-5% of income and should never be used outside of the fixed budget for gambling.
Do many people have different option to gamble and the I believe that why we gamble because of we want a quick money and we want to in reach ourselves so therefore I believe that gambling is all about a risk, so whoever that is into gambling no quite well that gambling is all about advantages and disadvantages and it can happen at any point in time and the most times people take gambling is because of the money that spent in gambling and they are chasing to get the money back, if you follow such measure you might lose more and more in the gambling so that is why we don't have to follow gambling the way we lose in gambling
A gambler will lose gambling which is normal. But gambling is a big challenge for those who cannot accept losing easily. Gamblers who become obsessed with chasing their losses find it difficult to sustain in gambling. Winning in gambling is as uncertain as recovering losses. The gambler must wait for his recovery. Those who try to recover lose quickly they loss more. There are many who follow the gambling of others and at one point lose a lot of money while following the winning. In gambling a gambler will loss, so if you accept loss and manage gambling with patience, there will be success. Those who try to be quick reach should look for other platforms instead of gambling.

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March 16, 2024, 07:24:41 PM
 #277

If you exceed from your budget and you forget about your limitation, one thing for sure can happen to you, lose and chase and regret after, that's the most common outcome.
Yes, that's right and every gambler actually has to be able to limit their budget so they don't chase after their losses and end up regretting it because they experience bankruptcy and a crushing defeat, budget limits can actually help anyone to control themselves and be an alarm to give a signal or alarm themselves to stop gambling, sometimes When people don't have limits, they will usually play recklessly, for example when they lose, they chase after that loss and try to recover from it, but they won't succeed in the end.

There are many cases of people who often chase and recover their losses, usually going bankrupt or becoming addicted to gambling, this is clearly dangerous for gamblers because gambling addiction is very difficult to cure, so that is why everyone must have a limit on their gambling budget so they can play responsibly and Be consistent when you experience defeat, don't try to chase it, especially when your budget runs out, don't try to recover it, fortunately I have done that, it has become a good gambling habit, I think everyone really understands this because often many people in the community say this over and over again. in this forum. lol

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March 16, 2024, 07:37:34 PM
 #278

Chasing after lose will only lead to having disappointment because we obviously can't win over the house, when we are gambling, we should be more focused on the fun and not the money to win in gambling, this is not like the businesses we do that we wait in anticipation for profits, we should view gambling as a means that create an atmosphere for having pleasure, that is why we cannot afford to gamble with the money that is not our own or the amount in which we cannot afford to lose.
You make an excellent Point. In business, our primary goal is to make a profit and generate money. But when we gamble, we are paying for entertainment, and whatever money we gain is simply a bonus. It's true that when we see gambling as a source of money, we might get into problems by chasing losses, overpaying, and taking on too much risk. However, when we look at gambling as a method to have fun and relax, it can be a very joyful hobby. I kinda find it simpler to keep to my budget when I focus on enjoyment rather than profits.

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March 16, 2024, 07:40:48 PM
 #279

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.
There are some gamblers who want to get rich quick when they get into gambling. There are gamblers who try one win after another and after some time they lose all their money. Their quick excitement in gambling is the main reason for their losses. The gambler must remember that gambling is not for one day. Moreover, no gambler can ever become rich from gambling in a day. Although there are many who are lucky enough to change their lives by winning the lottery. But usually it is not possible to succeed from here quickly. Those who consider gambling as part of a long-term strategy or who strive for responsible gambling can survive in gambling.
Gambling should always be viewed as a long-term plan rather than a quick way to get rich. Anyone who enters gambling with the expectation of winning big and fast is setting themselves up for disappointment. Responsible gambling, on the other hand, entails setting boundaries and managing expectations. It all comes down to developing and sticking to a strategy.
One problem that majority of gamblers encounter is the intentions for Gambling, this is what determines what gambling technique a person employs, so it's important to always remember that Gambling is nothing more but game meant for recreational purpose and not to maximize profit
   Someone already said that Gambling is part of investment in which you safe your funds when you lose them while gambling.
   IMO I think it's a bit true because there's always losing when you stake on games and truth be told that ass you lose you will definitely win some day.
   Even when win a little money from gamble and you have lost much money on gamble, don't feel bad because one day you will win that's why gamble is not a get rich quick scheme.
   If you want to win in gambe it will take a long time for you to win and even when you managed at your first try, I would call it luck because winning on first try is always luck.

R


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March 16, 2024, 07:44:59 PM
 #280

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.
There are some gamblers who want to get rich quick when they get into gambling. There are gamblers who try one win after another and after some time they lose all their money. Their quick excitement in gambling is the main reason for their losses. The gambler must remember that gambling is not for one day. Moreover, no gambler can ever become rich from gambling in a day. Although there are many who are lucky enough to change their lives by winning the lottery. But usually it is not possible to succeed from here quickly. Those who consider gambling as part of a long-term strategy or who strive for responsible gambling can survive in gambling.
Gambling should always be viewed as a long-term plan rather than a quick way to get rich. Anyone who enters gambling with the expectation of winning big and fast is setting themselves up for disappointment. Responsible gambling, on the other hand, entails setting boundaries and managing expectations. It all comes down to developing and sticking to a strategy.
One problem that majority of gamblers encounter is the intentions for Gambling, this is what determines what gambling technique a person employs, so it's important to always remember that Gambling is nothing more but game meant for recreational purpose and not to maximize profit
   Someone already said that Gambling is part of investment in which you safe your funds when you lose them while gambling.
   IMO I think it's a bit true because there's always losing when you stake on games and truth be told that ass you lose you will definitely win some day.
   Even when win a little money from gamble and you have lost much money on gamble, don't feel bad because one day you will win that's why gamble is not a get rich quick scheme.
   If you want to win in gambe it will take a long time for you to win and even when you managed at your first try, I would call it luck because winning on first try is always luck.
Losing is part of investment? Gambling could never be considered to be an investment and also there would really be no assurance that you would really be able to win back those loses or having those kind of beliefs that you could really be able to have a winning round just because you have lost too much on the earlier rounds? This is something a mindset that would really be putting you up on so much trouble.
It would really be better that shouldnt really be thinking up this way because if you do then you are really having to tend to put up on risks on having that even more deeper loses.

As been said that it wont really be that a good idea that you would really be chasing up your losses because this is something that will really be making you that wrecked up your finances.
Gamble on the amount on which you can afford to lose then you would really be just that fine and never intend to chase it up. Once you do bust it all then you should
really be knowing on calling it a day.
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