Dont chase your loss

[ChiBitCTy]

I would say this concept is as old as time gets. So many people tend to think that there next bet is going to be “the winners”. Honestly gambling habits by those whom can’t help themselves truly is a mental sickness and not just people doing things fully cognitive , but others simply have some sort of brain sickness and not just simply reckless,

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[Makus]

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.

When a gambler gamble with a huge amount thereby exceeding his limit all in the name of catching up with his previous loss, he is likely to walk of the casino with nothing left for him to take home. When a gambler experiences loss after using a huge amount to play gamble, that only means that his intention towards gambling at that moment has changed from catching fun to making a win that could make up for his losses. Those who make such mistake in gambling would definitely miss out the experience of having fun. In my opinion, I believe when you gamble with small amount of money that could increase your duration of gambling while you are not even spending much to while away some time and catch some fun.

[borovichok]

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.

When a gambler gamble with a huge amount thereby exceeding his limit all in the name of catching up with his previous loss, he is likely to walk of the casino with nothing left for him to take home. When a gambler experiences loss after using a huge amount to play gamble, that only means that his intention towards gambling at that moment has changed from catching fun to making a win that could make up for his losses. Those who make such mistake in gambling would definitely miss out the experience of having fun. In my opinion, I believe when you gamble with small amount of money that could increase your duration of gambling while you are not even spending much to while away some time and catch some fun.

Well said, the fun in gambling is gambling is gone the moment a gambling starts chasing his loss. Gambling shouldn't be seen as a competition between you and the bookies. When you see gambling as a competition, you will chase your loss because within you, you what to win the bookies. One bitter truth about gambling is that if you chase your loss, you will lose the more since no one chases lose with the right frame of mind. Gambling shouldn't be since as a marathon race where you keep running to get a price even when you are exhausted rather it should give the feeling you get when you are in a cinema. In a cinema, when you feel sleepy you easily take a nap and you don't force yourself to keep watching.

Personal experience shows that people who chase loss don't always win and they go as far as borrowing or selling properties to keep up the chase. But to me, it is not worth it. Well, I don't expect otherwise from a gambler who wants to get rich through gambling. My advise for such gambler is that gamble with ease and you will win when you least expect.

[hedgeh0g]

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.

When a gambler gamble with a huge amount thereby exceeding his limit all in the name of catching up with his previous loss, he is likely to walk of the casino with nothing left for him to take home. When a gambler experiences loss after using a huge amount to play gamble, that only means that his intention towards gambling at that moment has changed from catching fun to making a win that could make up for his losses. Those who make such mistake in gambling would definitely miss out the experience of having fun. In my opinion, I believe when you gamble with small amount of money that could increase your duration of gambling while you are not even spending much to while away some time and catch some fun.

The simple fact is that if we lose a large amount of money, we will be very upset and losing a certain amount can also upset us, but not much, because we already have bad emotions. In fact, it makes absolutely no difference to us whether we lose 10k or 15k. But if we can win back or at least get a small plus, then our emotions will change dramatically. This is exactly why many are trying to win back, but at the same time they are putting themselves in an even bigger hole, losing again and again. There is no need to chase it, because if you don’t know how to stop in time, the outcome will be obvious.

[Makus]

The simple fact is that if we lose a large amount of money, we will be very upset and losing a certain amount can also upset us, but not much, because we already have bad emotions. In fact, it makes absolutely no difference to us whether we lose 10k or 15k. But if we can win back or at least get a small plus, then our emotions will change dramatically. This is exactly why many are trying to win back, but at the same time they are putting themselves in an even bigger hole, losing again and again. There is no need to chase it, because if you don’t know how to stop in time, the outcome will be obvious.

Though chasing of loss can also be used to catch some  because, if the gambler eventually gets lucky that day and start wining like 10x strike, he might start boosting that he has collected some of his passed lost, but he if keep playing and the table turn around, it only takes discipline for him not to exceed his limit for that sitting. Sometimes he major problem many gambler face is that fact that they use money that was supposed to be used for another thing to gamble.

[dansus021]

Do not treat gambling for earning more income and don't chase your loss because it gonna be a huge trap and the best thing is always to have a gambling budget. Money management is important even this just a gamble hahahah. If you lose so much and your budget for that day is gone don't topup again or you gonna suffer more believe me I already been there.

I agree with you have said earlier about "It is best you gamble when necessary not because you want to chase your loss and win back you money" because if you want to chase and win back your money you need 10000% of luck at that time.

[promise444c5]

Do not treat gambling for earning more income and don't chase your loss because it gonna be a huge trap and the best thing is always to have a gambling budget. Money management is important even this just a gamble hahahah. If you lose so much and your budget for that day is gone don't topup again or you gonna suffer more believe me I already been there.

I agree with you have said earlier about "It is best you gamble when necessary not because you want to chase your loss and win back you money" because if you want to chase and win back your money you need 10000% of luck at that time.

Well this is the proper ways but it seem gamblers aren't ready to pause after losing their deposited fund  the false hope given will always make them want more no matter what and this trap is and always be a strategy to pin gamblers and get them addicted to playing  it more often  to win back their lost money.
Gamblers are easily tricked with little  profit and it's humans has greediness , desire for more it's in out nature , Instead of taking the win and leaving with profit  they tend to be smart causing them more loss than their realised profit.

[junder]

Well said, the fun in gambling is gambling is gone the moment a gambling starts chasing his loss. Gambling shouldn't be seen as a competition between you and the bookies. When you see gambling as a competition, you will chase your loss because within you, you what to win the bookies. One bitter truth about gambling is that if you chase your loss, you will lose the more since no one chases lose with the right frame of mind. Gambling shouldn't be since as a marathon race where you keep running to get a price even when you are exhausted rather it should give the feeling you get when you are in a cinema. In a cinema, when you feel sleepy you easily take a nap and you don't force yourself to keep watching.

Personal experience shows that people who chase loss don't always win and they go as far as borrowing or selling properties to keep up the chase. But to me, it is not worth it. Well, I don't expect otherwise from a gambler who wants to get rich through gambling. My advise for such gambler is that gamble with ease and you will win when you least expect.

That makes sense, maybe we are the ones who give the bookie the win, because those of us who gamble can only play and wait for a miracle to come and deliver victory. It's true what you said, when gamblers gamble excessively, chasing wins, it will only make them lose more money. because gambling is a game that is created and regulated by the dealer with the aim of the dealer being to make a profit from the large number of people who gamble. Therefore, gambling must be done appropriately, not too much because that is not the right action.

When they dare to do things like borrowing, selling or even stealing, I think they are already addicted to gambling, so they dare to take actions that are at great risk and can harm themselves. and because of this addiction they don't think about the bad effects, they will only think about winning, so even when they lose they don't stop there, there are still thoughts that think about winning which drives them to gamble again and makes their minds become messy like they want to recover their losses. . It is not recommended that this action be taken because it will only make the situation worse.

[ethereumhunter]

Do not treat gambling for earning more income and don't chase your loss because it gonna be a huge trap and the best thing is always to have a gambling budget. Money management is important even this just a gamble hahahah. If you lose so much and your budget for that day is gone don't topup again or you gonna suffer more believe me I already been there.

I agree with you have said earlier about "It is best you gamble when necessary not because you want to chase your loss and win back you money" because if you want to chase and win back your money you need 10000% of luck at that time.

Well this is the proper ways but it seem gamblers aren't ready to pause after losing their deposited fund  the false hope given will always make them want more no matter what and this trap is and always be a strategy to pin gamblers and get them addicted to playing  it more often  to win back their lost money.
Gamblers are easily tricked with little  profit and it's humans has greediness , desire for more it's in out nature , Instead of taking the win and leaving with profit  they tend to be smart causing them more loss than their realised profit.

If gamblers seems aren't ready to stop after losing, that will be their risks and they can lose more money because once they decide to continue playing gambling after losses, that can caused they lose control. That can makes them becomes emotional and can gets tempted of continuing playing gambling to recover their losses. They will not remember about "Don't chase your Losses" but they wants to recover their lose because they thinks that they still have a chance to gets their money back. They have a chance but the chance is not too big than the lose that they can gets. Many gamblers will deposit more money when they lose because they thinks that their luck will comes in the second deposit. But they are not always right because that can attract them to gets deeper to the gambling.

[nullama]

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

I think it is a safe advice, but the problem is that it is as safe as saying "don't ever gamble", which is not always a great advice, even though it is for most of the time.

I think it means that everyone should think twice before spending a huge amount of money in some bet...

[gabbie2010]

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

I usually have a fixed amount for my gambling account and once I lost some certain amount of money earmarked for a particular game for that day and if I lost a bet I close my Gambling App and move on, I had once had a sad experience of chasing losses after some streak of losses unfortunately ended up losing all my funds on my account, of course experience is the best teacher since then I had to be well disciplined and very cautious of my bettings to avoid the repeating the same previous mistakes, however I do gamble with the amount of money I can afford to lose.

[hyudien]

Well this is the proper ways but it seem gamblers aren't ready to pause after losing their deposited fund  the false hope given will always make them want more no matter what and this trap is and always be a strategy to pin gamblers and get them addicted to playing  it more often  to win back their lost money.
Gamblers are easily tricked with little  profit and it's humans has greediness , desire for more it's in out nature , Instead of taking the win and leaving with profit  they tend to be smart causing them more loss than their realised profit.

If they really can't accept defeat then it's likely they will have a grudge, because the unacceptable defeat makes them want to gamble again to chase victory or to recover losses, but this is certainly not true, because it is impossible for victory to come or be obtained accordingly. with our own hopes. but actions like this will only put ourselves in big trouble, because actions like this can cause big losses by chasing losses or continuing to deposit the money we have in gambling, while winning at gambling cannot be guaranteed.
That's right, indeed greed is a natural human trait, surely everyone has that trait, especially when it comes to money, of course everyone wants more when they get a certain amount of money, greed can occur when a gambler wins, there will be a sentence "you should use the right amount of bet bigger" and because of that, maybe they will continue gambling by increasing the bet amount because they still want to get an even bigger win. However, it is possible that the final result will be certain that what will happen is a defeat that will cause the victory that has been obtained to be lost again.

[Lannakosa]

I usually have a fixed amount for my gambling account and once I lost some certain amount of money earmarked for a particular game for that day and if I lost a bet I close my Gambling App and move on, I had once had a sad experience of chasing losses after some streak of losses unfortunately ended up losing all my funds on my account, of course experience is the best teacher since then I had to be well disciplined and very cautious of my bettings to avoid the repeating the same previous mistakes, however I do gamble with the amount of money I can afford to lose.

After a loss, you always want to make up for the loss in any way, and while you are susceptible to emotions, it is better not to take any action. This is perhaps one of the most common stories when a player loses and tries to win back, and to do this he can make the biggest mistake and play all-in.

There should be a rule that prohibits doing this, since the loss will be forgotten soon (although losing is not pleasant), but if you lose your entire game deposit due to an all-in bet, then this will be a much bigger problem that will be more difficult to survive. Gambling also requires rest, no matter whether it’s winning or losing, we get too many emotions from which we need rest, and besides, it’s just a game, we shouldn’t forget that.

[Jody.Drummer]

Do not treat gambling for earning more income and don't chase your loss because it gonna be a huge trap and the best thing is always to have a gambling budget. Money management is important even this just a gamble hahahah. If you lose so much and your budget for that day is gone don't topup again or you gonna suffer more believe me I already been there.

I agree with you have said earlier about "It is best you gamble when necessary not because you want to chase your loss and win back you money" because if you want to chase and win back your money you need 10000% of luck at that time.

Well this is the proper ways but it seem gamblers aren't ready to pause after losing their deposited fund  the false hope given will always make them want more no matter what and this trap is and always be a strategy to pin gamblers and get them addicted to playing  it more often  to win back their lost money.
Gamblers are easily tricked with little  profit and it's humans has greediness , desire for more it's in out nature , Instead of taking the win and leaving with profit  they tend to be smart causing them more loss than their realised profit.

A healthy approach to gambling is when you are able to start and stop at the right time, meaning gambling when you have money that you can afford to lose and stop when in certain situations such as getting a win or ending up losing, but the problem is that it is very difficult to be a typical gambler like this and most of them are gamblers who have the mindset you said which is that they are too easy to be tempted by everything they see which is basically nothing more than a temptation that has no certainty whatsoever.

Always wanting a bigger amount when they manage to get a win and not being able to accept the fact of the situation when they lose and this is a typical loser gambler who always wants to win but does not want to accept the consequences that clearly can never be avoided completely in gambling such as losing and in the end they will enter the addiction phase which will cause a lot of problems in his life, and actually whatever the situation is even if they get a win they will still not be able to cash out because they have such high confidence to encourage their greed actions which usually always end up losing again.

[Lida93]

Do not gamble for money making

Just for clarity.
When we are told not to gamble for money making, it doesn't mean we shouldn't gamble with possible strategies of making profits while gambling or that gambling should be for fun alone and not to earn a win from our bets.

What that statement means is that don't assume gambling to be a means or a source of making income for you. The same efforts we apply or utilize in our normal jobs in order to earn an income at the end of the day, week or month will also be the very effort we will employ into gambling if we gamble for money making and as a game of chance unlike our usual jobs it's not guaranteed or certain to pay at the end of the day week or month but rather create and increase losses, leading to loss chasing, compulsive gambling and the worst of it all, addiction.

There are reliable men's to make money get a skill or a job as an employee and not gamble.

[Dewi Aries]

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.

Yes we can't lie that life is always about money because everything we need can be obtained only by using money such as shopping to meet the needs of life, and most people misunderstand what gambling really is, they don't really understand thoroughly about gambling and how winning works, what is in their minds is just "chances of winning" and they are too focused on that which in the end they unconsciously override the aspects of possible risks that are clearly inherent in gambling activities. This is the main problem where they are too focused on the chances of winning that they ignore other facts that exist in gambling such as the certainty of losing.

I understand that everyone wants to win but for some people they are able to balance their actions based on the right understanding where they gamble without putting too high expectations on winning or simply they always act carefully such as only putting the amount they can afford if they lose in the end because they understand that there is a possibility of losing in gambling, while some other gamblers are too pushy to get or realize the chances of winning by doing everything that doesn't even make sense which in the end will make them end up with a lot of problems, pressure and regret.

Yes I agree with you that very few people are able to think in a healthy way when it comes to gambling, all because of the winning opportunities that they think they can use to multiply the money they bring, but the fact is that in the end they are always slapped by the reality of losing even with a large amount, and obviously this is the reason why gambling is more recommended to be used as entertainment because when you don't put seriousness to earning then you will be able to limit your expectations or expectations of winning.

[AnonBitCoiner]

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.

Actually gambling is not about hardwork but its about luck so whatever we do to chase our loss we will face failure because we don't know that our bet will be wrong or true. Some people are angry with what they loss so they are trying again and again to recover that back but it is reality that we cannot achieve the things that are not present in our fate.

Failure is also necessary because from failure we learn about our mistakes and then its up to us that are we repeating those mistakes again or not so failure can be utilise as a source of learning. As you feel happy after a win so it is also important to not be disappointed after a loss and don't chase it so you can easily achieve better results in future.

[0t3p0t]

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?

This is the most common weakness for most newbie or irresponsible gamblers. I think 80% of gamblers do this thing and I personally did this before and yeah the result is not acceptable as it just keep on adding up my losses. It actually happened to me a lot of times way back with online casino that broaden my loss.

[betswift]

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.

Actually gambling is not about hardwork but its about luck so whatever we do to chase our loss we will face failure because we don't know that our bet will be wrong or true. Some people are angry with what they loss so they are trying again and again to recover that back but it is reality that we cannot achieve the things that are not present in our fate.

Failure is also necessary because from failure we learn about our mistakes and then its up to us that are we repeating those mistakes again or not so failure can be utilise as a source of learning. As you feel happy after a win so it is also important to not be disappointed after a loss and don't chase it so you can easily achieve better results in future.

Totally agree.
Embrace losses as part of the gambling experience, recognizing that luck plays a significant role. See failures as opportunities for learning and growth.
Gambling should remains a source of enjoyment rather than stress.

[ndutndut]

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?

In my opinion, of course making a decision that is too hasty in pursuing losses is a fatal mistake in gambling. Because all activities that we do without being able to control our emotions can have fatal consequences, especially those related to activities that have high risks such as gambling and trading. Both are almost the same, if you can't control your emotions then the decisions you make are usually wrong, so it's not surprising that many gamblers will get worse when they chase previous losses in the hope of winning again.

Gambling requires patience, not immediately after experiencing defeat with enthusiasm to make another deposit and play again. If we do this then we will experience consecutive losses. However, it would be wiser when we experience defeat to stop for a moment and re-analyze or set a new strategy. Sometimes theory is easier than practice, but every gambler must master both in order to minimize losses and losses in gambling.