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Author Topic: Dont chase your loss  (Read 3049 times)
dansus021
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March 27, 2024, 03:27:21 AM
 #401

~SNIP~
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.

Yes I agree with ethereumhunter about this "If gamblers seems aren't ready to stop after losing, that will be their risks and they can lose more money" we need to control our limit in gambling do a budget like I have said earlier never chase a losses because the winrate to choose a losses is razor thin and besides that I usually gamble for fun wining from it just a bonuses.

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.

Very true and 10000% agree with you because gambling is not making money machine the fact you can win a jackpot is extremely rare and the odds is slim. I usually setup an budget and stake of my money in other platform so when I lose my monthly budget I just can't regular do topup because my money is at the vault and locked up for another 90 days

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March 27, 2024, 06:23:10 AM
 #402

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.

Unfortunately, most gamblers are entertained with the funds. If they wish to be happy again, they'll go ahead to chase fun. Once they win the excitement gets so loud that the gambler won't mind his next moves or prediction. Gamblers out of the sudden fun, want more, they'll stake without calculating. It's transient fun, the player doesn't enjoy the fun for a longer period. Lack of satisfaction compels these players to try to reach full satisfaction. Yet, that doesn't exist in the gambling niche. Gamblers who expect to be entertained with money, knocked on the wrong door. So, the player desperately wants what he's not capable of achieving. If players were easily given jackpots the gambling industry would be long gone, before we were born. Humans keep trying to achieve the hard-to-get.

Hence, they'll be depositing more money to get the jackpot. Isn't it an investment? What happens when our investment doesn't yield ROI? anger erupts on the person. Unlike responsible gamblers, good investments also yield fun out of their investment, only when they get profits. Responsible players have proved gambling not to be an investment. Due to the unbiased response to win or lose. Players shouldn't pick sides on both factors which makes them happy. The person could experience more sadness if he chose to be tickled by wins alone. Gamblers must pay attention to these two factors and get acquainted with losses.

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March 27, 2024, 06:36:06 AM
 #403

Yes I agree with ethereumhunter about this "If gamblers seems aren't ready to stop after losing, that will be their risks and they can lose more money" we need to control our limit in gambling do a budget like I have said earlier never chase a losses because the winrate to choose a losses is razor thin and besides that I usually gamble for fun wining from it just a bonuses.
Exactly what you said. Controlling our limit in gambling is a must so we can prevent any problem that can occurs because many people already have that problem. We must learn from their experience and avoid it not to happens to us.

Never chase the win or lose because that will cost you more money that you can imagine. We will only need to playing gambling moderately by always limiting our money and time so we will not staying at the casino too long. Many examples that we already see that can be our lesson to avoids the problems.

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March 27, 2024, 06:46:53 AM
 #404

We all agree with this. Chasing losses is a dangerous cycle. People who chase losses often make impulsive decisions which make them end up with even greater losses. To avoid repeating the same thing over and over again, learn how to set limits, stick to that budget and know when to stop or walk away whether you are winning or losing. Do not get tempted to chase losses, always make the right decisions to avoid impulsive gambling.
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March 27, 2024, 06:53:04 AM
 #405

We all agree with this. Chasing losses is a dangerous cycle. People who chase losses often make impulsive decisions which make them end up with even greater losses. To avoid repeating the same thing over and over again, learn how to set limits, stick to that budget and know when to stop or walk away whether you are winning or losing. Do not get tempted to chase losses, always make the right decisions to avoid impulsive gambling.
That's where it gets stupid, whenever we try to chase the losses and our minds are not working normally anymore. Why? Because we are too focused to get our revenge back and that's not a good sign when you are gambling. I just remembered that one thread about Dana losing $3 million where he was drunk. It's not different when we are chasing our losses, we are so drunk by the will to get our revenge as fast as we can and so we make mistakes that we don't normally do.
That is why rest time plays an important role for every gambler because that is when we can clear our minds and think about a new strategy. Also, this lets the system rest and who knows if we can get lucky the next time we are back. After a loss, all we can do is swallow reality. It's gone and getting it back might be impossible. We need a fresh start.

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March 27, 2024, 10:21:26 AM
 #406

We all agree with this. Chasing losses is a dangerous cycle. People who chase losses often make impulsive decisions which make them end up with even greater losses. To avoid repeating the same thing over and over again, learn how to set limits, stick to that budget and know when to stop or walk away whether you are winning or losing. Do not get tempted to chase losses, always make the right decisions to avoid impulsive gambling.

The tricky thing is that by definition, most gambler will be chasing their losses, always, after only a couple of games.

So, the reality is that gambler will need to realize that they will be paying more than what they are getting back.

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Fredomago
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March 27, 2024, 11:59:28 AM
 #407

Yes I agree with ethereumhunter about this "If gamblers seems aren't ready to stop after losing, that will be their risks and they can lose more money" we need to control our limit in gambling do a budget like I have said earlier never chase a losses because the winrate to choose a losses is razor thin and besides that I usually gamble for fun wining from it just a bonuses.
Exactly what you said. Controlling our limit in gambling is a must so we can prevent any problem that can occurs because many people already have that problem. We must learn from their experience and avoid it not to happens to us.

Never chase the win or lose because that will cost you more money that you can imagine. We will only need to playing gambling moderately by always limiting our money and time so we will not staying at the casino too long. Many examples that we already see that can be our lesson to avoids the problems.

Reality wise, when you start chasing your losses your control over your gambling activities got dominated by your emotions, it's a instinct inside you that push you to keep trying to recover, instead of taking the rest and quitting out from the gambling house, you'll see yourself adding additional money inside your bankroll, hoping and thinking that by luck you'll be able to make something decent or you may recover those amount.

Most of the time, the outcome always in favor of the house they manage to manipulate your emotion to keep you from that kind of thinking and let you chase your losses as they understand that emotion will lead you to failed.

Meaning that they will make more money as you keep failing from controlling yourself and you keep bringing more for them.

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Jody.Drummer
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March 27, 2024, 12:49:28 PM
 #408

Yes I agree with ethereumhunter about this "If gamblers seems aren't ready to stop after losing, that will be their risks and they can lose more money" we need to control our limit in gambling do a budget like I have said earlier never chase a losses because the winrate to choose a losses is razor thin and besides that I usually gamble for fun wining from it just a bonuses.
Exactly what you said. Controlling our limit in gambling is a must so we can prevent any problem that can occurs because many people already have that problem. We must learn from their experience and avoid it not to happens to us.

Never chase the win or lose because that will cost you more money that you can imagine. We will only need to playing gambling moderately by always limiting our money and time so we will not staying at the casino too long. Many examples that we already see that can be our lesson to avoids the problems.

Yes it is true that the idea of controlling and limiting anything related to gambling is the right action to take as a precautionary measure, I'm not saying that you won't lose because no matter what and no matter how small it is, every gambler will still lose but maybe if you have some precautions such as putting limits and controls then the amount you lose will not be too big and will not be a big problem in your financial balance and however this is a must for all gamblers to have and implement controls and limits like this if you want to stay safe and avoid the significant adverse effects of gambling in the long run.

There are always lessons that we can learn from events and you don't have to wait for them to happen to you because there are enough examples of addicted gamblers that we can learn from and not follow their ways of gambling if you don't want the same fate as them, As you said above my friend, limiting the gambling budget in the sense of only putting the amount we can afford to lose and also limiting in terms of time so that we avoid the many temptations that can make us tempted and this is a healthy approach to gambling and is recommended for long-term safety.

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irhact
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March 27, 2024, 02:20:04 PM
 #409

Never chase the win or lose because that will cost you more money that you can imagine. We will only need to playing gambling moderately by always limiting our money and time so we will not staying at the casino too long. Many examples that we already see that can be our lesson to avoids the problems.

If you win big, stop playing and if you lose big also stop playing, any time that I begin to feel different than how I was feeling when I started gambling I'll stop as my emotion are beginning to control the way that I'm thinking therefore to avoid making bad decision that I'll regret later, I always stop gambling for the day and resume some other time that I'll be feeling normal and ready to enjoy the game again. Every game is different therefore we should be able to understand that.

Don't chase your loses and also don't chase your victory, anything that happens should be accepted that way and move on. To avoid chasing losing, have a budget that you'll use for gambling and when you exhaust that amount don't add more money to use in gambling but stop for that day and try again as you mightn't be having a lucky day and when you continue to chase you losses you'll keep losing.

R


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hyudien
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March 27, 2024, 02:26:58 PM
 #410

We all agree with this. Chasing losses is a dangerous cycle. People who chase losses often make impulsive decisions which make them end up with even greater losses. To avoid repeating the same thing over and over again, learn how to set limits, stick to that budget and know when to stop or walk away whether you are winning or losing. Do not get tempted to chase losses, always make the right decisions to avoid impulsive gambling.
With the fact that gambling can affect the thinking of each gambler when they gamble, with the result of winning or losing, it can still trap them at a loss that is detrimental to themselves. Also as you said, gamblers who take action to chase losses usually make unwise decisions, not considered first so that it is very big for themselves and dangerous as well. Impulsive actions are often carried out unconsciously, those who take actions that should not be like chasing victory, are indeed prone to impulsive actions, which is unfortunate that these impulsive actions dominate losses rather than profits.
If their thinking is not correct from the beginning, in my opinion, they will not be able to limit their gambling, because with those who are wrong in their thinking, it will encourage them to gamble continuously without stopping, even though the gambling they do only ends in defeat.

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Zadicar
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March 27, 2024, 02:33:47 PM
 #411

Yes I agree with ethereumhunter about this "If gamblers seems aren't ready to stop after losing, that will be their risks and they can lose more money" we need to control our limit in gambling do a budget like I have said earlier never chase a losses because the winrate to choose a losses is razor thin and besides that I usually gamble for fun wining from it just a bonuses.
Exactly what you said. Controlling our limit in gambling is a must so we can prevent any problem that can occurs because many people already have that problem. We must learn from their experience and avoid it not to happens to us.

Never chase the win or lose because that will cost you more money that you can imagine. We will only need to playing gambling moderately by always limiting our money and time so we will not staying at the casino too long. Many examples that we already see that can be our lesson to avoids the problems.

Yes it is true that the idea of controlling and limiting anything related to gambling is the right action to take as a precautionary measure, I'm not saying that you won't lose because no matter what and no matter how small it is, every gambler will still lose but maybe if you have some precautions such as putting limits and controls then the amount you lose will not be too big and will not be a big problem in your financial balance and however this is a must for all gamblers to have and implement controls and limits like this if you want to stay safe and avoid the significant adverse effects of gambling in the long run.

There are always lessons that we can learn from events and you don't have to wait for them to happen to you because there are enough examples of addicted gamblers that we can learn from and not follow their ways of gambling if you don't want the same fate as them, As you said above my friend, limiting the gambling budget in the sense of only putting the amount we can afford to lose and also limiting in terms of time so that we avoid the many temptations that can make us tempted and this is a healthy approach to gambling and is recommended for long-term safety.
Losing is inevitable and this is something that you should really be accepting and realizing since from the start because if you wont really be that making yourself wary about those probabilities
because if you are really that expecting much then you are just basically making yourself that being that too impulsive on the time that you would really be having those loses.
This is why it would really be that important that you would really be having that kind of acceptance because on the time that you would be losing then you could just easily move on.
Dont tend to chase up yourse loses because if on the time that you would really be having that kind of mindset then you are just basically making yourself that too
desperate on trying out to recover and this is something really very bad when it comes to gambling.

adultcrypto
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March 27, 2024, 02:41:47 PM
 #412

Never chase the win or lose because that will cost you more money that you can imagine. We will only need to playing gambling moderately by always limiting our money and time so we will not staying at the casino too long. Many examples that we already see that can be our lesson to avoids the problems.

If you win big, stop playing and if you lose big also stop playing, any time that I begin to feel different than how I was feeling when I started gambling I'll stop as my emotion are beginning to control the way that I'm thinking therefore to avoid making bad decision that I'll regret later, I always stop gambling for the day and resume some other time that I'll be feeling normal and ready to enjoy the game again. Every game is different therefore we should be able to understand that.
A little refinement to your statement, which I agree mostly with the first part, is the fact that you don't have to wait to lose big before stopping. When you run into a situation of playing many hands with no sign of success, it probably shows that you have to stop and try again sometimes. If you want to continue gambling hoping to stop when you lose big, you might not have the money to gamble the next time and even if you manage to have the money for next time, it will be so painful continuing to lose big each gambling round. Waiting to lose big before stopping is not different from chasing losses.  So, I think the right thing to do is to stop gambling upon big wins or when there is persistent loses. Those who struggle to chase losses end up incurring more losses, instead of this to happen, the best thing to do is to stop.

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March 27, 2024, 02:53:56 PM
 #413


Don't chase your loses and also don't chase your victory, anything that happens should be accepted that way and move on. To avoid chasing losing, have a budget that you'll use for gambling and when you exhaust that amount don't add more money to use in gambling but stop for that day and try again as you mightn't be having a lucky day and when you continue to chase you losses you'll keep losing.

Your advice is very good, we should not force ourselves to pursue something that we are not sure we will get and that will also make things worse in life because we as gamblers should be able to control our emotions well and must accept all forms of events. it happened. we will meet, try to understand it wisely. that losing and winning will definitely happen and being responsible is the key to facing it all.

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March 27, 2024, 03:05:56 PM
 #414

Losing is inevitable and this is something that you should really be accepting and realizing since from the start because if you wont really be that making yourself wary about those probabilities
because if you are really that expecting much then you are just basically making yourself that being that too impulsive on the time that you would really be having those loses.
This is why it would really be that important that you would really be having that kind of acceptance because on the time that you would be losing then you could just easily move on.
Dont tend to chase up yourse loses because if on the time that you would really be having that kind of mindset then you are just basically making yourself that too
desperate on trying out to recover and this is something really very bad when it comes to gambling.

I agree with you, it is true that losing at gambling cannot be avoided and losing is something that will definitely happen with any gambling that is done, even though some say that there are professional gamblers, I think even those who are said to be unable to avoid losing. which is something that is bound to happen. It is very impossible for us to avoid losing when gambling, therefore we should be able to accept the defeat that will definitely occur when gambling, because if we cannot accept the defeat that will occur then everything can get worse, such as emotions that encourage excessive gambling. .

or taking other risky actions such as chasing losses or wanting to recover losses, these actions are not recommended. because this action will most likely only make things worse, even though there is a chance of winning, we must be able to see the big chance of losing and the small chance of losing. with wrong thinking it also encourages them to take risky actions, and when this happens, they don't take the right action, but they only put themselves in bigger trouble.

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March 27, 2024, 03:11:48 PM
 #415

The tricky thing is that by definition, most gambler will be chasing their losses, always, after only a couple of games.

So, the reality is that gambler will need to realize that they will be paying more than what they are getting back.
Unfortunately most gamblers think gambling is 50/50 chance, it's due to not well educated and lazy to learn something. That's why they always try to chase their losses and hoping to make money, I'm sure every gamblers ever make money from gambling, but they didn't realize if luck won't come twice and in the end they're in lost.

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.
There's no such patience or use a new strategy to minimize losses. You're just prevent to loss big at one time, but you're still in loss in the end.

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March 27, 2024, 03:29:30 PM
 #416


Don't chase your loses and also don't chase your victory, anything that happens should be accepted that way and move on. To avoid chasing losing, have a budget that you'll use for gambling and when you exhaust that amount don't add more money to use in gambling but stop for that day and try again as you mightn't be having a lucky day and when you continue to chase you losses you'll keep losing.

Your advice is very good, we should not force ourselves to pursue something that we are not sure we will get and that will also make things worse in life because we as gamblers should be able to control our emotions well and must accept all forms of events. it happened. we will meet, try to understand it wisely. that losing and winning will definitely happen and being responsible is the key to facing it all.
It's true, sometimes we are unlucky therefore ending gambling can save your money from bigger losses. Emotional control is the main point here, which not everyone can implement. This means that most people are still carried away by the atmosphere of the game, and think that by adding a little more capital they can get back the money they have lost.


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March 27, 2024, 04:21:23 PM
 #417


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.

If gamblers can do that, maybe the future will be even better, as you said, when defeat comes, make it a very valuable experience for us and from this defeat or failure we can learn to be individuals who are disciplined and wise in all things. Accept that. and make decisions in the future.
And we must remain aware that luck is not easy to obtain, of course there is an important role there, namely patience.

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March 27, 2024, 04:22:43 PM
 #418


Your advice is very good, we should not force ourselves to pursue something that we are not sure we will get and that will also make things worse in life because we as gamblers should be able to control our emotions well and must accept all forms of events. it happened. we will meet, try to understand it wisely. that losing and winning will definitely happen and being responsible is the key to facing it all.
It's true, sometimes we are unlucky therefore ending gambling can save your money from bigger losses. Emotional control is the main point here, which not everyone can implement. This means that most people are still carried away by the atmosphere of the game, and think that by adding a little more capital they can get back the money they have lost.

Not sometimes but the fact is that it is difficult to get lucky to lead us to victory and in addition the overall profit is only for the casino itself and this is the reason why we lose more often than win and this is also the reason why gambling is really prohibited to be made a place to earn unless you come with only the intention of entertainment or filling spare time because with intentions and goals like this then I think it is less likely for you to overdo it.

Basically if you feel that gambling is interfering with your life especially in terms of your finances then obviously the best decision as you said above is to quit gambling, but if you still want to engage in this activity then yes obviously self-control along with applying some other restrictions such as budget, time, and expectations must be applied because this is the only thing that can keep you safe and avoid bad possibilities in the long run, although I'm not sure that you or anyone else can apply it but no problem, at least we have given the best advice.

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March 27, 2024, 04:38:02 PM
 #419

Never chase the win or lose because that will cost you more money that you can imagine. We will only need to playing gambling moderately by always limiting our money and time so we will not staying at the casino too long. Many examples that we already see that can be our lesson to avoids the problems.

If you win big, stop playing and if you lose big also stop playing, any time that I begin to feel different than how I was feeling when I started gambling I'll stop as my emotion are beginning to control the way that I'm thinking therefore to avoid making bad decision that I'll regret later, I always stop gambling for the day and resume some other time that I'll be feeling normal and ready to enjoy the game again. Every game is different therefore we should be able to understand that.

Don't chase your loses and also don't chase your victory, anything that happens should be accepted that way and move on. To avoid chasing losing, have a budget that you'll use for gambling and when you exhaust that amount don't add more money to use in gambling but stop for that day and try again as you mightn't be having a lucky day and when you continue to chase you losses you'll keep losing.

Making sound decisions while gambling requires a clear mind and emotional control. Playing while angry, upset, annoyed, or overwhelmed can result in poor judgment and bad decisions. It's also important to remember that each game is unique, so don't get too wrapped up in one particular conclusion. I've also had similar experience with gambling when angry, I used to have this habit of gambling whenever I have a fight with my wife but  whenever I indulge in gambling to calm my nerves, I always end up losing more because my emotions are always clouded and influences my decisions.

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March 27, 2024, 04:53:02 PM
 #420

Never chase the win or lose because that will cost you more money that you can imagine. We will only need to playing gambling moderately by always limiting our money and time so we will not staying at the casino too long. Many examples that we already see that can be our lesson to avoids the problems.

If you win big, stop playing and if you lose big also stop playing, any time that I begin to feel different than how I was feeling when I started gambling I'll stop as my emotion are beginning to control the way that I'm thinking therefore to avoid making bad decision that I'll regret later, I always stop gambling for the day and resume some other time that I'll be feeling normal and ready to enjoy the game again. Every game is different therefore we should be able to understand that.

Don't chase your loses and also don't chase your victory, anything that happens should be accepted that way and move on. To avoid chasing losing, have a budget that you'll use for gambling and when you exhaust that amount don't add more money to use in gambling but stop for that day and try again as you mightn't be having a lucky day and when you continue to chase you losses you'll keep losing.

Making sound decisions while gambling requires a clear mind and emotional control. Playing while angry, upset, annoyed, or overwhelmed can result in poor judgment and bad decisions. It's also important to remember that each game is unique, so don't get too wrapped up in one particular conclusion. I've also had similar experience with gambling when angry, I used to have this habit of gambling whenever I have a fight with my wife but  whenever I indulge in gambling to calm my nerves, I always end up losing more because my emotions are always clouded and influences my decisions.

It is never good to play when you are angry and unless you have fought with your wife, that is a very bad decision, therefore when we do things like that we cannot generate any kind of good things in the casino, when it comes to playing, it is better Take things very calmly and with a lot of confidence, even if you get lost, we cannot do things just to do them or because we are people who know everything.

If we are aware of our money we can always consider the best in Decisions , because no one likes to be left without money and that is something we must see, now the way to behave in a casino with anger, I am sure that things will not happen for the Better , for that Reason playing calmly and being happy is better, if you are happy and you lose it doesn't matter much, but if we are upset and we lose because that's how things are.

R


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