THERE ARE TWO THINGS INVOLVED

[Text]

This is a reminder of the risks involved in chasing losses which is dangerous at the gambling table. And the importance of responsible gambling and knowing when to walk away.

It's easy to get caught up in the moment and think that the next bet will be the one to turn things around. But it's a slippery slope that can lead to bigger losses.

There’s a series of choices, each decision is a chance to walk away or keep gambling. We need to be mindful of those choices, especially when emotions are running high.

[Kakmakr]

I think a lot of people are too focussed on profit and losses, when it comes to gambling. They will have to accept that "The house always win" because the system are developed to work that way. The casino has a house edge, so no matter what gamblers do.. they get their share... the rest of the money pay for the player wins.

The casino also know that there are a very high probability that a winning player will come back and lose that money again. Gambling should purely be seen as a form of entertain, where you pay for the fun that you are having while you are doing it. (Most casinos make the mistake to focus too much on profit and they use a bad RTP... so the gambler lose too much and they stop playing)

[harapan]

When someone puts in money into gambling, he should be prepared for two things because there are two things involved, it's either the money is lost or you get some extra more cash (depending on the odds you chose to bet on). and when you eventually win and get an extra cash, two things are still involved.
it's either you walk away with your profit or you decide to try again with the hopes of making more money because you believe today might just be your lucky day.

 If you chose to walk away, then you're on the safer side, and if you choose to go again, there are still two things involved. It's either you win again or you lose your profit as well as what you won earlier.

If you win again and walk away, then you're safe, but if you lose the bet, there are still two things involved. It's either you decide to cut your losses and walk away or you decide put in another money to try again and see if you can manage to recover what you've just lost.

If you walk away, then you're safe but if you decide to put in more money and try again, there are two things involved. It's either you get lucky and win back your money or you lose the bet and throw away more money while trying to make a recovery.

 If you win back your money, then you're safe, but if you lose, there are two things involved. It's either you accept you've been defeated and walk away with whatever you're left with in your account/bankroll or you decide to chase your loss by doubling your usual stake so you can win and recover the ones you've lost with just one single bet and then retire for the day.

If you accept defeat and walk away, then you're safe, but if you say NO and decide to go in harder, there are still two things involved. It's either you get lucky, win and manage to recover your losses and then run away or you lose the bet once more and lose more than you planned to lose that day.

If you win the bet and run away, then you're safe but if you lose again, there are still two things involved. It's either you finally realize that the whole loss chasing is pointless and will only lead to more losses or you become more desperate and frustrated and then decide to go again, this time with a much higher stake or even decide to go all in with everything you've got to make the final kill.

If you realize yourself and walk away while you can, then you're safe but if you decide to go in with a much higher stake or all in. There are two things involved still. It's either you suddenly become the luckiest man on earth by winning the bet and running for your dear life orrrrrrr you become unfortunate and lose all your money and your frustration multiplies by 10 with an addition of confusion.

If you win and run away, then you're safe but if you lose, there are still two things involved. It's either you pull your sorry ass together and give up full of regret or you decide not to give up and decide to take a loan ( for someone who can easily access a loan).

If you give up, then you're safer because with time you'll recover from your losses, but if you decide to take a loan, there are two things involved. It's either God decides to save your sorry ass and allow you to win the bet (because at this point, only God can save you) or you lose the loan money completely and then this is the point you realize what you've done to yourself and then go back home and work your ass off to repay the loan and pick up the remaining pieces of your broken life.

This is exactly what happens to gamblers who refuse to gamble responsibly but decide to chase their losses. I hope you all learned a thing or two from this little rollercoaster ride.

Wow, exciting this thread is so hilarious as I could remember a longtime comedy of such where the comedian was making an illustration that in life there are two things involved either your a man or a woman,but that's the circle of Life usually in everything you find yourself to do,two things are always involved.it can be good or bad,a loss or gain and that's it .
And in gambling yes it's applicable too cause you might win or lose depending on your abilities and strategies but you need to take vivid consideration on how you tackle each steps you take.

[Accardo]

I think a lot of people are too focussed on profit and losses, when it comes to gambling. They will have to accept that "The house always win" because the system are developed to work that way. The casino has a house edge, so no matter what gamblers do.. they get their share... the rest of the money pay for the player wins.

The casino also know that there are a very high probability that a winning player will come back and lose that money again. Gambling should purely be seen as a form of entertain, where you pay for the fun that you are having while you are doing it. (Most casinos make the mistake to focus too much on profit and they use a bad RTP... so the gambler lose too much and they stop playing)

The last time I checked the best housing edge was around 97% that is the gambler has 3 percent chance of raking some profits. Some casino holds housing edge around 99% which is quite impossible for a gambler to win much. All goes back to them, the house. The casino takes up profits more often than the gambler. So, players are meant to focus more on getting the fun, than just looking to make quick money in gambling. However, the whole gambling process is quite so difficult for a player not to get tempted into chasing more funds. Due to the psychological settings of the game and how humans are interested in making more funds. Seeing wins often can tempt a player to chase for some wins. And that's quite disturbing to the emotions of any player that engages in such behavior.

Moreover, holding back to the right behavior could be quite hard. The game belongs to the house, and they call the shots on all actions or results that occur in the game. Players only have the power to play with money. Hence, a player with no money may not be entertained by gambling. Therefore, reducing the high wagering speed or process will help a player enjoy his gambling session. Instead of cutting the session short and hoping for quick money, a gambler can easily elongate his gambling duration with a small amount of money. Thereby getting maximum, with less money.

[Z390]

That's indeed one funny but true rollercoaster ride my friend. This is actually what's going on in the gambling industry. Many gamblers have been here in this spot before and they can confirm that it's not a very sweet experience. This is why gamblers should always make the right choices when gambling because on the long run, you'll always have a choice to make and if you eventually make the wrong choice, you'll have yourself to blame at last as the consequences would be very awful.

Honestly, no one will lose enything if they choose to walk away from gambling, this is what many people don't get, how many people is gambling helping? Very limited number of people I guess, if you gamble for a long period of time and you aren't gaining anything you should quit.

Gambling is not for those who want to make money, because its not the right place to make money, gambling is for people who are looking for fun in a more intriguing way, you can't have the mind of making money and decide to start gambling.

You can gamble without using money, but not in a casino, you can also gamble with $0.05 if you want, which ever one you decide to go with make sure its a tip of your bank account, or find other things that will bring you free entertainment, gambling is not for money making, this is the only way you will be safe.

You can't enjoy gambling if your mind is all focused on how much you can make.

[Doan9269]

It is well known that in life, irrespective of what decision is being taken, we either made the right one or the wrong, but we can make control of our self to ensure that the way we are gambling is not without control, this will begin from how we are able to gamble moderately, avoid been greedy and how we also make effective use of our time on quality things that worth it while gambling and when doing other things.

[ethereumhunter]

That's right but most people can't accepted when they lose and will use more money to try to recovers their lose. They don't realizes if they do that, they will only gets more losses without having a big chance to recovers the lose. Most people will try to playing gambling and thinks that they still have a chance to wins if they deposit more money. That's normal to thinks like that because people doesn't wants to see the lose and they will keep trying to gets their money back.

If they wins, they don't wants to stops their gambling activity and will thinks that they can wins more money. But what's they thinks can't always happens because playing gambling needs luck so they don't knows if they still have luck or the luck is gone. They keeps trying to wins more but they lose their money.

[Samlucky O]

When someone puts in money into gambling, he should be prepared for two things because there are two things involved, it's either the money is lost or you get some extra more cash (depending on the odds you chose to bet on). and when you eventually win and get an extra cash, two things are still involved.
it's either you walk away with your profit or you decide to try again with the hopes of making more money because you believe today might just be your lucky day.

 If you chose to walk away, then you're on the safer side, and if you choose to go again, there are still two things involved. It's either you win again or you lose your profit as well as what you won earlier.

the best thing to do when you have won big is just to walk away and save yourself from greed that will lead to loses and stress. Though sometimes people who refuse to walk out emediately they win by tying to gamble for the second Time, and that is not a sure option. The suresrest option is to call it a quit after win. I have tried several attempts to win for the second time after I have won my first time but all to no avail. Instead of wining I lose the earlier generated and I learnt my lessons of not trying luck for the second time after wining.

[Eternad]

When someone puts in money into gambling, he should be prepared for two things because there are two things involved, it's either the money is lost or you get some extra more cash (depending on the odds you chose to bet on). and when you eventually win and get an extra cash, two things are still involved.
it's either you walk away with your profit or you decide to try again with the hopes of making more money because you believe today might just be your lucky day.

 If you chose to walk away, then you're on the safer side, and if you choose to go again, there are still two things involved. It's either you win again or you lose your profit as well as what you won earlier.

the best thing to do when you have won big is just to walk away and save yourself from greed that will lead to loses and stress. Though sometimes people who refuse to walk out emediately they win by tying to gamble for the second Time, and that is not a sure option. The suresrest option is to call it a quit after win. I have tried several attempts to win for the second time after I have won my first time but all to no avail. Instead of wining I lose the earlier generated and I learnt my lessons of not trying luck for the second time after wining.

Just like everybody else experienced on gambling. It’s easier to say than done to walk away we won huge amount. We all know the basic and correct approach when gambling yet many of the gambler still commit same mistakes since it’s very hard to follow all the right thing to do if you are already in the influence of gambling.

This is why there’s still a lot of gamblers playing for the sake of profit despite that it’s a fact that no one can beat the house due to house edge. If everyone can walk away when they win huge amount then many will be successful on gambling. The problem is even if they walk away now, they will still come back on different day and still gamble until they loss all both profit and bankroll.

[sunsilk]

Once you gamble, you should expect the unexpected at all times. Are you calm now? If you don't expect to be triggered later then just don't expect anything.

I agree with all that you've said that it's all about being safe when you gamble. Even if other gamblers tell you that you're playing safest with how you gamble, why would they care about you? it is your money in the first place.

It all ends up now with how you control yourself and the goal that you have but mostly, IMHO, don't even have a goal when we gamble and it's just all about winning some and then leaving the casino when we think we've been satisfied.

[Stepstowealth]

It is well known that in life, irrespective of what decision is being taken, we either made the right one or the wrong, but we can make control of our self to ensure that the way we are gambling is not without control, this will begin from how we are able to gamble moderately, avoid been greedy and how we also make effective use of our time on quality things that worth it while gambling and when doing other things.

Everyone at one time has had to make a hard choice to either continue or to stop and when it comes to gambling, sometimes, the decision we make during and after a gambling session, is either over joy or over kill.

Greed doesn't look like what it sounds, but when you see yourself wanting more funds after a big win, then please know that is what greed looks like. But when we chose to walk away or change to another kind or gambling game, the odds may be much more contained despite swift loss or more gains.

[Zoomic]

Once you gamble, you should expect the unexpected at all times. Are you calm now? If you don't expect to be triggered later then just don't expect anything.

I  think a lot of gamblers will actually be safe if they prepare their minds for even the worst scenario. This is gambling and everyone knows that two things are bound to occur when one gambles,  it's either a win or a loss. Preparing the mind for loss too will save one from too much grieve and unnecessary actions that will cause more harm to the gambler and his loved ones. Many gamblers lose control over their emotions because they only prepared their minds for a win. This is why most of these gamblers who claim to be victims of gambling go extra miles to borrow funds just to gamble. Gamblers will continue to encounter challenges if they view gambling as a winning platform only.

Gamblers should beware of greed. Greed is one of the problems of every gambler,  it is the reason most gamblers fail. A person who walks away after a loss is not a coward. Staying back to gamble does not guarantee the money lost will be recovered. A gambler who chooses to kill the urge to stay back and gamble more has very little to lose.

[justdimin]

Wow, exciting this thread is so hilarious as I could remember a longtime comedy of such where the comedian was making an illustration that in life there are two things involved either your a man or a woman,but that's the circle of Life usually in everything you find yourself to do,two things are always involved.it can be good or bad,a loss or gain and that's it .
And in gambling yes it's applicable too cause you might win or lose depending on your abilities and strategies

Apart from the original man and woman, new genders have also been discovered lately. You know those who are part of a movement called LGBTQ. There is nothing wrong whichever gender you fall, so I won't compare them to the good and bad sides. When it comes to gambling, losing money can't be the bad side because it's only part of the game. The real one that is bad is when you do a harm to an innocent individual.

but you need to take vivid consideration on how you tackle each steps you take.

This sounds serious already and shows that maybe the person is already problematic because of gambling but indeed they must have this kind of thinking, so that they won't just continuously play and do more damage to their life later on.

[dansus021]

when you eventually win and get an extra cash, two things are still involved.
it's either you walk away with your profit or you decide to try again with the hopes of making more money because you believe today might just be your lucky day. for me it is simply Im going to take the profit and walk away hahah just kidding sir

Two thing is involved so what I do is simply going to withdraw at BEP from my first deposit and play again for the other chance by using extra cash from the first won  Life is basically a gambling so why not try again hahahahhahahah

[arjunmujay]

I  think a lot of gamblers will actually be safe if they prepare their minds for even the worst scenario. This is gambling and everyone knows that two things are bound to occur when one gambles,  it's either a win or a loss. Preparing the mind for loss too will save one from too much grieve and unnecessary actions that will cause more harm to the gambler and his loved ones. Many gamblers lose control over their emotions because they only prepared their minds for a win. This is why most of these gamblers who claim to be victims of gambling go extra miles to borrow funds just to gamble. Gamblers will continue to encounter challenges if they view gambling as a winning platform only.

Gamblers should beware of greed. Greed is one of the problems of every gambler,  it is the reason most gamblers fail. A person who walks away after a loss is not a coward. Staying back to gamble does not guarantee the money lost will be recovered. A gambler who chooses to kill the urge to stay back and gamble more has very little to lose.

The cowardly nature of gamblers is more about not wanting to admit defeat. If he wants to admit it, of course there will be no such thing as wanting to return the money he has lost, let alone borrowing money to gamble again and hoping to recover his losses with that.

Apart from affecting mental factors, defeat also has a financial impact of course. Therefore, it is also important to regulate how much money will be used for gambling.

[Yatsan]

All boils down to one's satisfaction. We always have a choice to make; if we are in profit we could just walk away with it and continue the next day, but there are times we'd desire to win more, and given how uncertain gambling is, we sometimes end up with nothing. Same thing goes when we are in deep loss, we have a choice to just accept things ans try again the other day, however, inner you would risk everything to get back with what you've lost but end up losing more.

The catch here is that, losing would be more certain and what gamblers should focus more into is to be prevalent of it any way possible. If you're in trouble of your gambling win-loss ratio, choose to cut loss and if you're winning then always prioritize securing the profit 'coz we will never be certain of winning no matter how much we want it to be the outcome.

[alani123]

That's a lot of words to describe chasing profits imho. The practice of chasing profits is bad either way because you just risk more to earn nothing. It's the sunk cost fallacy all over again. This thing has been a known fallacy for centuries.

But if you're really into it, no need to reinvent the wheel. Gambling has principles applied to it like any gamefied thing so the sunk cost fallacy and anything that's been said about it still applies here. Nothing to gain when you're in loss but lots to lose. On the one hand I do kinda like tho that's discussion about how people perceive it. People that have been burned from gambling and regret it, saying they won't play again, are indeed on a good path and these stories are worth sharing.

So to me that's what matters. Caring about your life and doing meaningful things. Finding meaningful employment to you, getting a sense of community etc. It's all good. Spending too much time on gambling isn't contributing to a greater cause overall so if you're feeling like you're burned maybe taking a break or abstaining is the best choice.

[passwordnow]

If you win back your money, then you're safe, but if you lose, there are two things involved. It's either you accept you've been defeated and walk away with whatever you're left with in your account/bankroll or you decide to chase your loss by doubling your usual stake so you can win and recover the ones you've lost with just one single bet and then retire for the day.

If you accept defeat and walk away, then you're safe, but if you say NO and decide to go in harder, there are still two things involved. It's either you get lucky, win and manage to recover your losses and then run away or you lose the bet once more and lose more than you planned to lose that day.

If you win the bet and run away, then you're safe but if you lose again, there are still two things involved. It's either you finally realize that the whole loss chasing is pointless and will only lead to more losses or you become more desperate and frustrated and then decide to go again, this time with a much higher stake or even decide to go all in with everything you've got to make the final kill.

These are a must when you don't want the casino to take back your money. If you win some money then make sure that you're able to secure them. If you've lost a lot and you're okay with that defeat, then you don't need to be emotional because you've lost that much and just accept it and go away and gamble some other day again. And mostly, if you've won with your bets, that's all you need to think of, to make your money be safe and put it somewhere else like buying bitcoin or any other crypto so that it won't be taken back to you. Because if you're going to gamble that again then it's likely that you'll be losing that money and there's nothing left to you anymore. And much worse if you'll be using another amount of money for you to recover those losses because no matter what happens to you, you'll want to take it back but if you're the 2nd category on this quote then much better.

[Rockstarguy]

<cut>

To sum it up - gambling can be fun, but you're risking money for a reason.  Sometimes you win, often you lose.  Because casinos profit from people losing not winning. The key is having the self-control to quit while you're ahead.

But as others have already noted, maybe you could use paragraphs next time. 

Having self control in gambling is very important because it will save you a lot from losing money. It is important when a gambler have self control and knows the limit of playing gambling. To stay away from losing much in gambling one just need not to play gambling much , this is the only way to avoid losing money in gambling. If gamblers are able to control the way they play gambling that means they do not have any problem to do with gambling.

It is well known that in life, irrespective of what decision is being taken, we either made the right one or the wrong, but we can make control of our self to ensure that the way we are gambling is not without control, this will begin from how we are able to gamble moderately, avoid been greedy and how we also make effective use of our time on quality things that worth it while gambling and when doing other things.

When people are unable to get rid of greed that is the beginning of problem in gambling. When one is too greedy it can lead to addiction is very difficult challenge in gambling.

[alegotardo]

When someone puts in money into gambling, he should be prepared for two things because there are two things involved, it's either the money is lost or you get some extra more cash (depending on the odds you chose to bet on). and when you eventually win and get an extra cash, two things are still involved.
it's either you walk away with your profit or you decide to try again with the hopes of making more money because you believe today might just be your lucky day.

Loss is inevitable and every bettor should enter into a bet knowing that he has a more than 50% chance of losing 100% of the bet (in most cases).
If the bettor is lucky enough to win "relevant" money, then in my opinion this is the smartest strategy the person should take:
Save or withdraw at least 50% of the amount won and do not bet any more. The rest you can use to make new fractional bets or go all-in to try to multiply it again.

It's important to say: If you lose everything (what you didn't save), don't make new contributions or change your reserved amount from the first bet, this is essential.
And if you win again, you will again need to make a reservation or withdraw 50% of the amount won.