Going all in and losing the bet

[Questat]

< because for most gamblers it is very difficult for them to be able to manage their gambling and the money they can win from gambling ....

If this is true that most of us is having a hard time managing our finances, then this gambling industry should not exist for long. What I'm saying is it will gives gamblers problem instead of delivering the fun which is their service, so the government has to intervene and make the right decision, like closing it.

However, it's not the case, although we cannot deny that there are gamblers who really get addicted,  that's only a small percentage of the total gamblers, which means majority are still having fun although most of us really losses money.

[Distinctin]

< because for most gamblers it is very difficult for them to be able to manage their gambling and the money they can win from gambling ....

If this is true that most of us is having a hard time managing our finances, then this gambling industry should not exist for long. What I'm saying is it will gives gamblers problem instead of delivering the fun which is their service, so the government has to intervene and make the right decision, like closing it.

However, it's not the case, although we cannot deny that there are gamblers who really get addicted,  that's only a small percentage of the total gamblers, which means majority are still having fun although most of us really losses money.

We don't know the actual data but we can analyze it based on the action of the government,  if gambling is ban in your country that it has no connection with religious belief, that could only mean one thing, the poverty rate is high and people are so vulnerable to gambling addiction. We know that gambling business provide income to the government in the form of taxes, but if that would result to their people suffering more, then it's not helping at all. I know some countries ban gambling, and usually it's from poor countries, but since there are still countries that regulated gambling, it means overall gambling is not really the carrier of financial problem.

[junder]

The house always has an edge in every gambling game, so it's wise to always remember this whenever one chooses to gamble. It's even wiser to always have plans and goals when gambling because not having a plan can lead to random gambling especially when you're on a losing side, you might allow your emotions get the best of you and start gambling randomly, increasing your stakes and risks.

That's why having a good plan is essential and no matter what turn the game takes, one should always stick to their plans, this is what makes a responsible gambler.

That's what we have to remember, of course we have to be aware that there is a control behind gambling, with those who have the role of host having proven that they will always win in every gambling they do, even though there are people who have different strategies or patterns. It is believed to be able to win, but it cannot change the decisions that have been set by the host, no victory can be obtained using the strategies and patterns that we have, it is impossible and does not guarantee that you will be able to win.

So actually, no matter how good a gambler's plan is, it doesn't necessarily mean that they will always win, because all gambling is just a bookie's or admin's game, so no matter how good and confident the plan we make, we still depend on luck

[Blitzboy]

A gambler must pay special attention to his fund management if he wants to survive in the gambling. A gambler can definitely get good results in the long run if fund management is done properly. If a gambler knows how much money a gambler is putting into his bets and how much he can afford to spend on his bets, he can certainly get relatively better results in managing his bankroll. Moreover, a gambler can take a forward thinking approach to risk taking. If a gambler can control himself humanly after taking a risk in gambling, he can certainly enjoy the pleasure of gambling for a long time and for that a gambler must pay attention to money management.

Financial management is not an easy thing for those who like gambling, because for most gamblers it is very difficult for them to be able to manage their gambling and the money they can win from gambling and every gambler who wins their bets is mostly what I see very happy in sharing and enjoy with their friends and they forget about the losses they have previously experienced so that after the money they win is finished they will of course regret having spent their winnings.

To be able to enjoy gambling is of course not an easy thing for those who cannot control their emotions and greed, because those who are greedy in gambling will of course find it very difficult to control themselves when gambling, but if they can control their emotions of course Of course it will be easy for them to enjoy the gambling they play.

Lots of people struggle with this, not just gamblers. Winning big feels amazing, I know that from business. But, like any quick success, its gone in a flash. Some people might hate me for this, but without financial smarts, you're going to mess up, bigly. Its one thing to win, another to keep it. Those gamblers, they dont get the simple truth: its not about one huge win, its about not losing over and over. Thats real wealth, thats the smart way.

[Mia Chloe]

Lots of people struggle with this, not just gamblers. Winning big feels amazing, I know that from business. But, like any quick success, its gone in a flash. Some people might hate me for this, but without financial smarts, you're going to mess up, bigly. Its one thing to win, another to keep it. Those gamblers, they dont get the simple truth: its not about one huge win, its about not losing over and over. Thats real wealth, thats the smart way.

Winning is something all humans are happy about however especially as a gambler loss can't be totally avoided. Therefore to me able to maintain good gambling habits and practices, you should learn to be able to Also manage your losses as well as the emotional effect that accompanies it. Most times, when a person can't manage his gambling activities properly he may either end up becoming a gambling addict or even be viewed as one even if he isn't.
Since some persons are unable to hold the negative emotional effects that come with great loss, alternatively they can break their stakes into smaller units instead of making a single huge one.

[Orpichukwu]

Lots of people struggle with this, not just gamblers. Winning big feels amazing, I know that from business. But, like any quick success, its gone in a flash. Some people might hate me for this, but without financial smarts, you're going to mess up, bigly. Its one thing to win, another to keep it. Those gamblers, they dont get the simple truth: its not about one huge win, its about not losing over and over. Thats real wealth, thats the smart way.

I see no reason why anyone would hate you for this because you've stated nothing but fact.
Most gamblers who walk out of the casino with an empty bankroll do so, not because they've been losing the whole round till they emptied their bankroll. Many of them have actually had a good amount of win that was enough for them to hit the quit button for the day and walk out with their profits, but chose to stay back and win more.

The ability of a gambler to know exactly when to call it a quit and to walk away is what makes him a winner, not how big he wins or how frequently the wins come. This is a fact most gamblers have failed to realize, and they end up throwing away all their wins with hopes of winning more.

[Dewi Aries]

Lots of people struggle with this, not just gamblers. Winning big feels amazing, I know that from business. But, like any quick success, its gone in a flash. Some people might hate me for this, but without financial smarts, you're going to mess up, bigly. Its one thing to win, another to keep it. Those gamblers, they dont get the simple truth: its not about one huge win, its about not losing over and over. Thats real wealth, thats the smart way.

Winning is something all humans are happy about however especially as a gambler loss can't be totally avoided. Therefore to me able to maintain good gambling habits and practices, you should learn to be able to Also manage your losses as well as the emotional effect that accompanies it. Most times, when a person can't manage his gambling activities properly he may either end up becoming a gambling addict or even be viewed as one even if he isn't.
Since some persons are unable to hold the negative emotional effects that come with great loss, alternatively they can break their stakes into smaller units instead of making a single huge one.

Yes I am sure that most people come with the intention of winning and there may even be some people who hide behind the idea of gambling for entertainment when in fact they are chasing victory, but yes it doesn't matter because any impact will only be felt by themselves. Basically or simply winning is indeed a very pleasant situation, but there are some gamblers who come purely with the aim of earning while on the other hand some other gamblers come just for entertainment when they have free time but that doesn't mean they don't want to get a win, but the difference is that a gambler who comes without chasing a win then usually when they win they will be easier to make a decision to cash out.

Of course as you said and I agree that indeed when you or anyone wants to engage in gambling then we must be able to manage risk by understanding and recognizing that gambling is a risky activity and with that then I am sure you will feel worried about the money you allocate so most likely you will only put the amount that you can afford to lose, which even if you lose but you will not experience significant emotions because it is money that you can afford to lose.

[STT]

All in means you bet every dollar you got which is never sensible.  Never play 10/10 of all you got, play 8/10 and you are a winner either way as it is still the majority if you win that you will increase.     In most circumstances people do not all they do have some ability to recover and walk away from even a hard loss.  You should find some ability to rethink whatever mistake was made in the loss, there is worth in all games played even if not won you will move forward in your experience and knowledge if you retain the stamina to learn from mistakes and reform your capabilities and capital.

Always give yourself a chance to learn from even a loss and anyone who can do that much will become unstoppable.

[Pumared]

All in means you bet every dollar you got which is never sensible.  Never play 10/10 of all you got, play 8/10 and you are a winner either way as it is still the majority if you win that you will increase.     In most circumstances people do not all they do have some ability to recover and walk away from even a hard loss.  You should find some ability to rethink whatever mistake was made in the loss, there is worth in all games played even if not won you will move forward in your experience and knowledge if you retain the stamina to learn from mistakes and reform your capabilities and capital.

Always give yourself a chance to learn from even a loss and anyone who can do that much will become unstoppable.

Exactly, to bet everything you need to have a great conviction about it. But having a method and knowing how to bet will be much better in the long run, as you have the potential to win more and continue betting and still have fun.

[noormcs5]

A gambler must pay special attention to his fund management if he wants to survive in the gambling. A gambler can definitely get good results in the long run if fund management is done properly. If a gambler knows how much money a gambler is putting into his bets and how much he can afford to spend on his bets, he can certainly get relatively better results in managing his bankroll.

Going "all in" on any bet is not a wise decision and shows that the gambler is either a newbie or has not learnt anything about risk management. Some people go all in and win and they show to others that they are so intelligent and expert gamblers. We should not focus on the result of those bets where are gamblers are going all in. They may win sometimes but when they loss it will be a big loss.

A gambler must pay special attention to his fund management if he wants to survive in the gambling. A gambler can definitely get good results in the long run if fund management is done properly. If a gambler knows how much money a gambler is putting into his bets and how much he can afford to spend on his bets, he can certainly get relatively better results in managing his bankroll.

Risk management is the most important factor in gambling. When anyone decides to gamble, the first and most important thing is to think about risk management and money management. This means that we should know about how much money we will bet and know when it is the time to stop and quit the game. If we do not manage risk well in gambling, we could end up losing a lot of money. I am always careful about it and usually think about the risks before i gamble. That is the safest approach in my point of view.

[Raflesia]

If you bet with little amount of money, you will not be afraid to bet, unlike if you want to bet with high amount of money that will make you fear and let you want to go for what will possibly be the outcome and in the process, loss are more possible unlike if you bet with small amount and just not fearing but gambling responsibly. It is not good to go with all the money you have in your betting account, neither is it good to bet with high amount of money, but to bet with small amount instead.

The amount of bets made can indeed affect, especially with a large amount of bets I think of course it will affect our feelings, it can be panic or not calm, but even with a small amount of bets I think it's the same if the goal is to double the money you have. Now if we bet with a small bet but the goal is to double then I think every round will make us uneasy. Moreover, with a large amount of bets, of course I will become gambling even more unenjoyable.

In gambling, it is the loss that will often occur rather than the victory, so it is not recommended to bet all the money we have on gambling, because most likely it will only make us lose money instead of being able to double the money, also I think that people who bet all their money on gambling may be people who are very obsessed with getting big wins.

[stadus]

In gambling, it is the loss that will often occur rather than the victory, so it is not recommended to bet all the money we have on gambling, because most likely it will only make us lose money instead of being able to double the money, also I think that people who bet all their money on gambling may be people who are very obsessed with getting big wins.

The truth is, we lose in the long run, so the more we gamble, our chances of winning is decreasing, going all in is better than slowly gambling, because since it's not fun to do all in, that's why it's not advisable, except if you really think of it as an strategy, but most gamblers don't do all in.

We value in the entertainment in gambling, so as much as possible, we extend our gambling session and we end up being profitable. That's the truth, so a gambler going all in is just probably being upset and wants to win back his losses quick enough.

[mammusu]

All in means you bet every dollar you got which is never sensible.  Never play 10/10 of all you got, play 8/10 and you are a winner either way as it is still the majority if you win that you will increase.     In most circumstances people do not all they do have some ability to recover and walk away from even a hard loss.  You should find some ability to rethink whatever mistake was made in the loss, there is worth in all games played even if not won you will move forward in your experience and knowledge if you retain the stamina to learn from mistakes and reform your capabilities and capital.

Always give yourself a chance to learn from even a loss and anyone who can do that much will become unstoppable.

It is highly recommended to gamble with everything we have. If we look at the number of wins we will get, then it will indeed be very tempting, but the problem is that gambling is not a place that is guaranteed to win, here it is full of question marks whether we will lose or win and even luck really influences the results we will get.

I suggest not looking at the number of wins we will get, but I would suggest trying to think and look at the losses we will most likely experience. That way, it will make us give up our intention to bet all out on gambling. No one can guarantee victory here and no one knows when victory will come. All we can do is minimize the things that will make us regret it in the end.

We must continue to use logic when gambling, because if we use hope then it will make us always expect a lot from gambling, and in fact that is something that is not good.

[Agbamoni]

Well, that's what happens when you are losing. It's always going to be biased towards yourself and not how it would work. I'm pretty sure that if you have played different games that are like this, it would be common to experience this. Maybe just lay back and not go all in. Even if it's on the "sure or high-chance" of winning" still manage your risk so you won't get emotional.

Like I always recon, most gambling activities are based on luck and sometimes luck isn't always on our side therefore making us lose. And a funny thing to note is how most gamblers are always confident some of their stakes will come out a win but unfortunately it doesn't always that way even in cases where they may have placed huge stakes hoping for bigger returns.
Therefore as a responsible gambler you should be able to manage both you funds and time. Now when it comes to fund management, a gambler should have a target maximum spending amount for every week. Meaning you should stop staking once you have hit that maximum amount. This would help you prevent unnecessary staking and thus help you control and manage the money you spend while gambling.

A gambler must pay special attention to his fund management if he wants to survive in the gambling. A gambler can definitely get good results in the long run if fund management is done properly. If a gambler knows how much money a gambler is putting into his bets and how much he can afford to spend on his bets, he can certainly get relatively better results in managing his bankroll. Moreover, a gambler can take a forward thinking approach to risk taking. If a gambler can control himself humanly after taking a risk in gambling, he can certainly enjoy the pleasure of gambling for a long time and for that a gambler must pay attention to money management.

One thing am pretty sure about us that most gamblers sucks at economics. They lack knowledge of economic management that is why it is difficult to mange the cash resources when they are gambling. They gamble without plans, monetary discipline and no restrain when they are losing. Such gambler cannot be completely successful even if he wins in bet almost everyday. There is still a probability that he will lose those wins when he continues gambling.

Since knowing when to quit is difficult, gamblers should try to know when to pause or go on a break. Through that short break his consciousness will come back and he may end up not continuing betting. I am speaking based on what i have seen. A gambler is ready to stand for 6 hours in a local betting shop and bet all through that 6 hours without taking a break.

[TopTort777]

Since knowing when to quit is difficult, gamblers should try to know when to pause or go on a break. Through that short break his consciousness will come back and he may end up not continuing betting. I am speaking based on what i have seen. A gambler is ready to stand for 6 hours in a local betting shop and bet all through that 6 hours without taking a break.

So what should a person do to make a pause, when it is so hard to quit ? In addition to throwing advices, please add how to achieve them. I think the best way to have that pause in gambling is to set budgets. Make it maximum 20 bucks per session and it is clearly up to person how to gamble it, to go all-in or to gamble for 6 hours.

Imho I see nothing special when person goes all-in and looses everything. I usually saw people going all-in when they have little left to gamble, and that bet would be their lifebuoy. Either they win and regain what they have lost, or end current gambling session today. When a person goes all-in, it is always an increased risk bet. Only fools go all-in with tiny odds like 1.01-1.1 as profit from that is miserable, while risk is still huge.

[Distinctin]

Since knowing when to quit is difficult, gamblers should try to know when to pause or go on a break. Through that short break his consciousness will come back and he may end up not continuing betting. I am speaking based on what i have seen. A gambler is ready to stand for 6 hours in a local betting shop and bet all through that 6 hours without taking a break.

So what should a person do to make a pause, when it is so hard to quit ? In addition to throwing advices, please add how to achieve them. I think the best way to have that pause in gambling is to set budgets. Make it maximum 20 bucks per session and it is clearly up to person how to gamble it, to go all-in or to gamble for 6 hours.

Imho I see nothing special when person goes all-in and looses everything. I usually saw people going all-in when they have little left to gamble, and that bet would be their lifebuoy. Either they win and regain what they have lost, or end current gambling session today. When a person goes all-in, it is always an increased risk bet.

In terms of how much we should budget, that is depending on our financial capacity, but at least we should know and be honest to ourselves on how much we can afford to lose only. $20 might be too small for others but too big to us, so we have different range in terms of how much we can risk, but being a discipline gambler, we should follow our budget, if we lose it all then come back tomorrow or next time you have cash to gamble. We should not force things out and try to  borrow money as that's the beginning of a miserable life, we think like that, it's like we are not man enough to accept our losses.

Only fools go all-in with tiny odds like 1.01-1.1 as profit from that is miserable, while risk is still huge.

And it does not guarantee a win although it wins most of the time. I fact, I see some betslip before with million dollar bet with 1.01 odds but still lose, so nothing is really guaranteed in gambling, our greediness will kill us here.

[Fredomago]

In gambling, it is the loss that will often occur rather than the victory, so it is not recommended to bet all the money we have on gambling, because most likely it will only make us lose money instead of being able to double the money, also I think that people who bet all their money on gambling may be people who are very obsessed with getting big wins.

The truth is, we lose in the long run, so the more we gamble, our chances of winning is decreasing, going all in is better than slowly gambling, because since it's not fun to do all in, that's why it's not advisable, except if you really think of it as an strategy, but most gamblers don't do all in.

We value in the entertainment in gambling, so as much as possible, we extend our gambling session and we end up being profitable. That's the truth, so a gambler going all in is just probably being upset and wants to win back his losses quick enough.

Yes indeed, most gamblers who are aiming for fun they wanted to work on to prolong their gambling participations, they not aiming to go all in as the fun and excitement stops when the pick that they choose loss, unlike with strategy type of gambling where  you are aiming to anticipate what will be the next outcome and count that times or work on the advantages of any teams or players who can dominate the outcome of the game.

[carlfebz2]

In gambling, it is the loss that will often occur rather than the victory, so it is not recommended to bet all the money we have on gambling, because most likely it will only make us lose money instead of being able to double the money, also I think that people who bet all their money on gambling may be people who are very obsessed with getting big wins.

The truth is, we lose in the long run, so the more we gamble, our chances of winning is decreasing, going all in is better than slowly gambling, because since it's not fun to do all in, that's why it's not advisable, except if you really think of it as an strategy, but most gamblers don't do all in.

We value in the entertainment in gambling, so as much as possible, we extend our gambling session and we end up being profitable. That's the truth, so a gambler going all in is just probably being upset and wants to win back his losses quick enough.

Yes indeed, most gamblers who are aiming for fun they wanted to work on to prolong their gambling participations, they not aiming to go all in as the fun and excitement stops when the pick that they choose loss, unlike with strategy type of gambling where  you are aiming to anticipate what will be the next outcome and count that times or work on the advantages of any teams or players who can dominate the outcome of the game.

If you are someone whose really that liking on having that long gambling session then you would really be definitely be having that kind of approach on where you would really be doing your best that you will
make that bankroll of yours would be lasting long and not really that making out some all-in bets just because they've been trying out to recover their loses. This is where you could really be able to see someone
whose are really that playing for the sake of fun and to those people who are really that playing  for the sake of money making or income or some sort. You would really be able to whether experience those recovery if you are lucky enough and total devastation on the time that all in bet turns out to be a lost. It would really be just that depending on you on how you would really be that making yourself that having that
approach towards gambling whether gambling for fun or gambling for money.

[Fivestar4everMVP]

In gambling, it is the loss that will often occur rather than the victory, so it is not recommended to bet all the money we have on gambling, because most likely it will only make us lose money instead of being able to double the money, also I think that people who bet all their money on gambling may be people who are very obsessed with getting big wins.

The truth is, we lose in the long run, so the more we gamble, our chances of winning is decreasing, going all in is better than slowly gambling, because since it's not fun to do all in, that's why it's not advisable, except if you really think of it as an strategy, but most gamblers don't do all in.

We value in the entertainment in gambling, so as much as possible, we extend our gambling session and we end up being profitable. That's the truth, so a gambler going all in is just probably being upset and wants to win back his losses quick enough.

Yes indeed, most gamblers who are aiming for fun they wanted to work on to prolong their gambling participations, they not aiming to go all in as the fun and excitement stops when the pick that they choose loss, unlike with strategy type of gambling where  you are aiming to anticipate what will be the next outcome and count that times or work on the advantages of any teams or players who can dominate the outcome of the game.

I disagree with the both of you, even though I do agree with some part of what you both said.
The truth of the matter I think is, people have different ways the gamble, different moves and styles and so on, and as a gambler, you just have to find out what works for you best.
And it did interest you to know that, gamblers actually decides to go all in for several reasons, not just when they are angry and wants to win everything they have lost back, in fact, going all in simply as a means trying or wanting to win back all that you have lost is absolute foolishness if you ask me, even though it sometimes do turn out to be a good decision for some, it always end up as a bad decision for most gamblers.

Personally, I had to go all in in my course of gambing, and on different occasions as well, and what I would have to say is that, being angry and wanting to win back all I've lost has never been a reason for me to go all in, reason why I do go all in most of the time is, when I have played for a long time and already tired of playing, but can't bring myself to just stop and rest, possibly because I still have some balance on my bankroll, I go all in to try to lose the entire money so that when the whole money is gone, and I return back to a zero account balance, I will have no option but to just close the casino and get my much desired rest.
This is another angle and reason to this whole going all in discussion.

[danadc]

Yes indeed, most gamblers who are aiming for fun they wanted to work on to prolong their gambling participations, they not aiming to go all in as the fun and excitement stops when the pick that they choose loss, unlike with strategy type of gambling where  you are aiming to anticipate what will be the next outcome and count that times or work on the advantages of any teams or players who can dominate the outcome of the game.

When there is a problem in the casino , many things can be done, when you lose your luck if you feel bad, what is the point of this ? win no matter what, because that's why we go to the Casino to win money, if you go to the casino just to have fun, I don't think you'll spend a lot of money on fun and there are other things that you can have a lot of fun for less money, the casino is fun. For the Millionaires , if they spend the money it will not affect them, but the smaller Players must take care of the money all the time and we must do things so that it works for us when we Play , but Suddenly go play in a Casino with all the money we have just to earn Double because that is something that Should not be done , unless the economic Possibilities of the people are Very high.