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Author Topic: After losing the money in gambling,what is your strategy  (Read 1024 times)
Westinhome (OP)
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April 16, 2024, 10:59:32 AM
 #1

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
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April 16, 2024, 11:09:49 AM
 #2

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Tell him he is making a very big mistake, he should not gamble with loan money.

He should not think that he would win. Gambling sites have their odds and house edge in a way that most gamblers will lose while they will will be able to pay their workers and maintain their servers and other necessary things. You will see the gambling site grow more if there are more people gambling with them. This is simple enough to know that the tendency that he will lose is far more higher than he will gain.

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April 16, 2024, 11:13:22 AM
 #3

You should review your post next time to make it readable. If you are not a native speaker, ask someone to do it for you or rather use some software to help you out.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

That being said, your friend is a gambling addict. How do I know? It is very obvious particularly from this statement. His not winning has nothing to do with using the same betting style for the changing algorithm. This has to be the worse blame shifting I have ever heard. He should own up and take responsibility for his loss.

Quote
Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Anyone who loans money to gambling with the aim of recovery his previous loss is a gambling addict. We call it chasing losses. Look at his last sentence. A complete total fallacy. He'll lose again. Before he'll lose his family too, you are a friend need to have a heart to heart conversation with him. He needs help.

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April 16, 2024, 11:14:30 AM
 #4

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

it's hard to give advice to people who only want to follow their own beliefs, Imagine? Your suggestion is good that maybe it is better to find a job to have a fixed income and it will help to reduce their debts but in the end, he chose to continue gambling because of the belief that when something is lost, there is better replacement, He didn't know that what he was doing was only bringing himself closer to an even worse problem. it's hard to give advice to people who only want to follow their own beliefs, Imagine? Your suggestion is good that maybe it is better to find a job to have a fixed income and it will help to reduce their debts but in the end, he chose to continue gambling because of the belief that when something is lost, there is better replacement, He didn't know that what he was doing was only bringing himself closer to an even worse problem.



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April 16, 2024, 11:14:43 AM
 #5

LOL, that friend of yours is a certified gambling addict. He's in denial that he's not addicted and even taken a loan to gamble and recover that $2k loss?

If your suggestion of getting a job to support his family won't do and he's just letting it pass to his other ear then there's no use to explain on what state he is right now.

He can't move on and he'd have hard time when that loan money also becomes his additional loss. We normally move on with losses but with that situation, he's going to have hard time accepting the reality.

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April 16, 2024, 11:17:41 AM
 #6

your friend made a very fatal mistake in his life. he should understand that he is already in the stage of gambling addiction, where he constantly hopes that he can make a miracle from the gambling he does, but believes that what he does will only end in vain. the more he pursues his losses, the more he will lose in the future. especially since he is a married person, the mess he is creating now will destroy his family life sooner or later.

what you did was right. whether he wants to accept your advice or not is another matter, the most important thing is that you have told him what is best for him.

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April 16, 2024, 11:25:44 AM
 #7


I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

This is the most bullshit excuse for his losses. Everyone knew that there’s no strategy that will work on gambling in long term while the gambling algorithm is completely random that’s why it’s very hard to develop a working strategy to have a consistent profit.

Quote
Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

I will not be surprised that he will pursue more gambling to recover his losses since he seems doesn’t fully understand the reason why he loss is because no one can beat the casino no matter what strategy he is using. Getting a loan just to gamble while his family is already suffering financially is a suicide. He needs to set an appointment to psychiatrist ASAP.

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April 16, 2024, 11:27:28 AM
 #8



Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Tell Him that what he is doing is not far from getting suicide because that is the most stupid thing to do , CHASING LOSSES, everyone that I knew who tried this? fells being a loser all their life and never that have recovered from their debts and loans,so please stop doing such.

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April 16, 2024, 11:31:00 AM
 #9

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

immediately help him to stop his gambling addiction. because it is already in the serious category, especially if you dare to take a loan to return what you have spent while gambling.
tell him not to add to the family's burden with loans. as you said it is better to find a job and earn enough money to cover the current shortfall.

Also say that there have been many stories that excessive gambling addiction actually worsens financial conditions. because by borrowing money, psychologically we have lost and will continue to chase defeat, so we will never find victory there.
Gambling is not just a game of algorithms, but more of a game of one's mental and psychology.

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April 16, 2024, 11:35:05 AM
 #10

OP's "friend" should treat it as a mistake, accept the error, and learn from it. Yes, he can reclaim $2000 from the loan money, but there's a chance he'll face losses again. From multiple testimonies I've heard, typically, when someone recovers $2000 from loaned funds after losing it, they tend to continue gambling until they lose everything. It might seem illogical from an outsider's perspective—why continue playing after winning back $2000? However, from his viewpoint, having more money to bet with while being on a winning streak makes sense.

So, (1) the best strategy is to acknowledge the loss and refrain from attempting to recoup it; (2) if he's unable to do that, he should at least quit after recovering some or all of the losses.

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April 16, 2024, 11:48:23 AM
 #11

Perhaps it is worth seeking qualified help for the treatment of gambling addiction? Surely there are free or inexpensive communities that can help him.
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April 16, 2024, 11:54:49 AM
 #12

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
That is a bad way to to go about it, trying to revenge is the worst way to win back an amount lost in gambling and doing this will only make you lose more money to gambling. Everything your friend is about to do is wrong, chasing after your losses is wrong because you will only end up losing more and again taking loans to gamble is very wrong because you know gambling has 50/50 chance of success and gambling with loans or borrowed money might end up accumulating more debts. All these signs are attributes of an addicted gambler.

OP. I think you should try and educate your friend of thee dangers of gambling addiction and the causes of gambling addiction. Also teach him how to eliminate greed from gambling and how to be a responsible gambler.

R


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April 16, 2024, 12:03:12 PM
 #13

There is no strategy at all for this kind of player, they have to just quit if they can't be able to afford the gambling.

If someone is not having any money then obviously they can't gamble so only think that their family should make sure is the person is not getting into the debt, and if he is going extreme then better call the rehab or has to go through the therapy session.









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April 16, 2024, 12:06:44 PM
 #14

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.
This is why it's very dangerous to gamble money that you can't afford to lose. Two days ago, I also had a conversation with one of my neighbors and he says that more than $2000 in two days. But I think he will be ok because he had a high paying job. But still, as I heard to tell his stories, I can sense that he is affected mentally and that he will be not gambling or will take a break.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.
That is the best piece of advise that you can give him. But still up to your friend to follow it or not because quitting gambling is very hard specially if you come from a lost and wanted to recoup everything. I think you have done your best, if he decided to continue gambling then you can't stop him. And it's going to be a rude awaking if he lost another big money.

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April 16, 2024, 12:14:48 PM
 #15

Your friend is going to have serious problems soon, unfortunately

To tell you the truth, my strategy is quite simple and I've learned from experience
I have a bankroll for each championship I bet on, and my bets follow a pattern, so I always bet the amount and follow my plan

Sometimes I write that I'm going to "recover" my loss on the next bet, but it's more a way of saying that I'm optimistic that I'll win the bet, rather than actually trying to recover the lost bet
This behavior of recover a lost bet is dangerous, it's like revenge trade, when you lost some money in a trade and try to recover in next trade, this easily can lead you to lost more money

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April 16, 2024, 12:15:24 PM
 #16

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

To be frank what he is doing is pretty bad and that is a big sign of gambling addiction and also gambling irresponsibly, he should not forget that the reason he went for loan the first place was due to the  fact of him not having any money  to  continue his gambling due to various losses. So this means that there's a high chance of him losing that loan also in gambling, Putting himself in more debts . And if he continues like this he may get to a point when his only option would endup being suicide , putting his family in great losses . So you guys need to try all means to avoid such outcome from happening by helping him stop gambling totally . At first by not letting him to make use of that loan money in gambling or has he forgotten that's 50/50 either he lose or he win . This is the reason is always advisable to gamble with money you can afford to lose and always gamble responsibly .

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April 16, 2024, 12:17:30 PM
 #17

it's hard to give advice to people who only want to follow their own beliefs, Imagine? Your suggestion is good that maybe it is better to find a job to have a fixed income and it will help to reduce their debts but in the end, he chose to continue gambling because of the belief that when something is lost, there is better replacement, He didn't know that what he was doing was only bringing himself closer to an even worse problem. it's hard to give advice to people who only want to follow their own beliefs, Imagine? Your suggestion is good that maybe it is better to find a job to have a fixed income and it will help to reduce their debts but in the end, he chose to continue gambling because of the belief that when something is lost, there is better replacement, He didn't know that what he was doing was only bringing himself closer to an even worse problem.

There is no doubt that it is very difficult, I myself feel that way., where I have a brother who is addicted to gambling, obviously the whole family has advised him, but this is still inferior to the belief he still has in gambling. In fact, by becoming addicted, they are only putting themselves in problems that have the potential to become big problems. whether it's his finances or his life. There have been many cases of gambling addiction that have ruined lives.

Good advice is to look for work to have a steady income, but in my opinion it will be in vain when they are still addicted to gambling. I think they should have limits by not doing excessive gambling. After they lose money from gambling, they don't have to continue gambling because it will only continue to drain their finances.
I read your sentence twice, and it's the same. Maybe you are tired.

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April 16, 2024, 12:23:42 PM
 #18

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.
Using the word capital in gambling might be inappropriate because gambling shouldn't be seen as a business or investment. It is not wrong to expect wins from gambling but it is not proper to depend on gambling as a source of revenue because you see it as a business or occupation. Your friend has entered an advanced stage of gambling addiction for him to use his house rent for gambling.

Quote
I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.
There is no certainty that a certain gambling strategy would bring wins. It is better to adopt a gambling style that you deem appropriate but it should be strictly with an amount you can afford to lose.

Quote
Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Your friend might experience one of the following outcomes; a) lose all the money he borrowed on gambling. b) recover all he had lost, or c) be in a state of financial equilibrium. He intends to pursue his losses and this behaviour has destroyed many gamblers.

.
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April 16, 2024, 12:26:53 PM
 #19

- snip -
Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

The solutions or advices that you give to your friend will likely be ignored after he gets the loan.
I dont think anyone can stop him to gamble again with that money.
But the important thing is that you have told him, and hopefully he can win with that money.
If he loses again, then he will realize that what you said is true and it will be a very hard lesson for him which is sometimes necessary in such conditions.

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April 16, 2024, 12:33:33 PM
 #20

Perhaps it is worth seeking qualified help for the treatment of gambling addiction? Surely there are free or inexpensive communities that can help him.
Depend in each area/country but indeed that we can seek for help and solution than just staying to what you have used doing,because gambling addiction is really a serious problem that many have failed to deal and ending them losing everything and sometimes even their own lives.
- snip -
Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

The solutions or advices that you give to your friend will likely be ignored after he gets the loan.
I dont think anyone can stop him to gamble again with that money.
But the important thing is that you have told him, and hopefully he can win with that money.
If he loses again, then he will realize that what you said is true and it will be a very hard lesson for him which is sometimes necessary in such conditions.
or better to tell her family as well? because I think there is a need of interception in His behavior that will change his life forever.

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April 16, 2024, 12:33:56 PM
 #21

This is where your friend does not understand what gambling is a d how one should gamble. He is chasing his losses, simply because he is gambling for profit, and that is why he does not want to give up. The worst is that his addiction has blind folded him that he takes loan to gamble, all in the name of chasing his losses.

He needs to quit gambling, because his situation can become worst than this. He is suffering his family because he is self centered. He needs to get it straight that gamble can never give him back his loss and let go of gambling.

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April 16, 2024, 12:40:35 PM
 #22

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.

The mindset at first place matters, when a newbie is joining to gamble, what was his first impression about gambling, how did he picture the whole idea about gambling, some may think they can quickly earn through the means and take advantage for making money, instead of knowing the chances for winning and loosing and compare such to how they can afford either of the two.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.

Its not about quitting gambling that solves the problem, instead, they need to understand the way they can engage into gambling or doing other things the right and appropriate manners, its about loss of priority in which such individual have to learn how they can fix that, which will eventually help them take advantage on gambling and enjoy having fun than we they are running a lose priority.
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April 16, 2024, 01:06:26 PM
 #23

Loan money? for real? Nope, this will only make the problem worst, once you borrow money to gamble just to win back your losses, the pressure will be too high that you cannot focus anymore. Just accept the fact that losing is part of it and move on, or forget that losses and start a new bankroll. Not forgetting the past is what makes us to gamble more, and the more we gamble, the higher the risk of getting addicted because we are not having fun anymore, we are just hoping that we will win back our losses which has a slim chance of happening, that's for real based on my experience.
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April 16, 2024, 01:10:47 PM
 #24


I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.
This is a dangerous mindset this just proved how addicted your friend is, first, he defended his losses and promised to do better, and he took a loan to continue gambling, if you're justifying how you gamble then there's something on how you treat gambling, there is no proven strategy in gambling its a game of luck and if you try to believe that its a skill-based then you're big trouble.

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Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
He will be in quicksand and he will have a hard time getting off this, you are guaranteed to lose if you gamble with money coming from loans, there's a lot of pressure gambling and because of that pressure you will risk betting and these risk betting will result in losses.

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April 16, 2024, 01:19:05 PM
 #25

Taking loan to be use as a bankroll to win back his losses will further result to more losses if he fails, that's really a risky move. We have different strategies or things we do when losing money for instance I would stop for a mean time to calm down myself and not to try to win back the losses I've done and play again once I accept that it's already lost.


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April 16, 2024, 01:25:52 PM
 #26

<...> he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,

First, what exactly was he betting on? If it was a casino game, as it seems, your friend is a fool, he's lying to you and he's hooked, only he hasn't admitted it yet. I hope this isn't a typical thread where the OP creates it and then doesn't answer any questions. I hope you will at least clarify what I have asked.

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April 16, 2024, 01:33:57 PM
 #27

When we have lost a certain amount of money, we should immediately stop before we have any intention of recovering our losses. Our mind will definitely tell us to recover from the loss so we must be careful not to follow what our mind says. That's why we have to stop gambling immediately rather than continue gambling because that doesn't guarantee we can win.

If he does not immediately stop his gambling activities for a few days, he has the opportunity to become addicted to gambling. This will make it difficult for him to control his desire to gamble, which will cause him to lose more money. We don't need to continue gambling if we have lost, especially if we have lost a large amount of money.

It wouldn't be worth continuing, as we might lose more. We should never borrow money just to recover those losses because we will be in bigger trouble. It is better for us to gamble in moderation and always allocate sufficient funds for gambling. There is no need to add more funds when we have lost playing gambling.

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April 16, 2024, 01:46:35 PM
 #28

2K is definitely a lot of money gambling can truly become addictive, and people often struggle to recognize when they're stuck in a cycle of trying to recover their losses.

After losing the money in gambling,what is my strategy If I were your friend after done a huge loss is just take a deep breath and just let it go we cannot cover our losses chasing one is gonna create a huge problem in short and long term so if I loss and my budget is gone it better to stay away

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April 16, 2024, 01:55:39 PM
 #29

2K is definitely a lot of money gambling can truly become addictive, and people often struggle to recognize when they're stuck in a cycle of trying to recover their losses.

After losing the money in gambling,what is my strategy If I were your friend after done a huge loss is just take a deep breath and just let it go we cannot cover our losses chasing one is gonna create a huge problem in short and long term so if I loss and my budget is gone it better to stay away
Maybe it is applicable to you, but the thing is many gamblers are caught in the momentum and clinging to the regret of losing too much money, I also experience this kind of scenario and it is really hard to resist and to take away the thinking of you have lost money from gambling that's when the urge of recovering what is lost comes, but after some numerous mistakes of  trying to recover the losses, I wake up and develop to have a self control and discipline in gambling, I have a certain rules or boundary that whenever I reach it through losing then I would stop and let it out, but if the opposite when I manage to doubled or to earn some quite some time after a long session of gambling then I will gladly to stop playing. Earning is earning, no matter how small or large the amount is. The most important thing is that you are not on the losing side.

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April 16, 2024, 02:10:42 PM
 #30

Loan money? for real? Nope, this will only make the problem worst, once you borrow money to gamble just to win back your losses, the pressure will be too high that you cannot focus anymore.
Apart from the fact that loaning money to gamble is such a terrible idea because a win or a loss is not in the gambler's power, another disadvantage of this is the emotional aspect. It is emotionally draining because there is the burden of debt that you as the gambler would have to face and it comes with stress, anxiety, and guilt. Your mental health will be wrecked. How it affects your family and friends is that the trust that you have built will be destroyed. For the op's friend who is a gambler and is married, his spouse may feel betrayed and deeply hurt by his actions which will cause a strain in their relationship that may be not be fixed for years to come.



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April 16, 2024, 02:17:30 PM
 #31

After losing the money in gambling,what is your strategy
Gambling, losing, losing, if it happens once or twice, maybe I will bet and repeat to gamble again, but not in the initial game, I will do it in another type of game, initially maybe slots and I will move to dice or plinko, maybe that's what I do, that's my first strategy.

However, if I experience continuous losses on a certain gambling site, I will definitely switch to another gambling site, I think that site is not suitable for me, every time I gamble, I always lose and lose, usually when I gamble on other sites I get a lot of luck, with my strategy and experience I certainly succeed at that, my second strategy.

Thus, I assume there are gambling sites that are good for me and there are also those that are not good for me, even though I use all the methods and strategies that I use in playing, I think not all houses are suitable for me to live in, there are also houses that are suitable for me to live in, that's the strategy and understanding I use in gambling if I experience a loss.

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April 16, 2024, 02:17:37 PM
 #32

This is where your friend does not understand what gambling is a d how one should gamble. He is chasing his losses, simply because he is gambling for profit, and that is why he does not want to give up. The worst is that his addiction has blind folded him that he takes loan to gamble, all in the name of chasing his losses.

He needs to quit gambling, because his situation can become worst than this. He is suffering his family because he is self centered. He needs to get it straight that gamble can never give him back his loss and let go of gambling.

I think he is chasing his losses because he himself hopes more from gambling. until he dared to take out a loan to gamble again when the money he had was gone. Instead of making a profit from gambling, it actually makes him run into problems such as being involved in debts and receivables. What you say is correct, if he dares to take out a loan to gamble, it indicates that he has become addicted to gambling. because I think when someone dares to take out a loan to gamble, it's too much.
when he is addicted, it is very likely that he will prioritize what he wants or his own ego. Basically, gambling cannot provide or reverse the situation with certainty, even though there is a chance to win, it is not certain, because that It's definitely a loss, not a win.

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April 16, 2024, 02:36:16 PM
 #33

From what I have seen, 90% of gamblers are into gambling for life changing money, even though they knew that losing is more guaranteed in gambling they still choose to believe that they have a chance.

About gambling that's all about you losing more and winning less, how can one become so desperate that they choose to use loan again? If I know such person I won't even pity them, I only owe them some warning, after that they are on their own.

The problems that the majority of humans are in today are created by themselves, you saw the dangers ahead and you choose to ignore the warning sign, thinking you are different, some kind of super human.


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Jawhead999
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April 16, 2024, 03:09:06 PM
 #34

but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.
No, experienced gamblers didn't really think like that, but they only gamble what they can afford to lose.

Quote
But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.
No, there's no such thing, your friend must had followed a self pro claimed gambler that promising using x strategy will increase the winning rate, while the truth you can't change anything.

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Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
You did right, but if your friend can't stop and only want to gamble, you can't force him anymore since it's his own problem with his family.

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April 16, 2024, 03:56:39 PM
 #35

Taking loan to be use as a bankroll to win back his losses will further result to more losses if he fails, that's really a risky move. We have different strategies or things we do when losing money for instance I would stop for a mean time to calm down myself and not to try to win back the losses I've done and play again once I accept that it's already lost.
His friend is making mistake that he has once made but thought that it is the strategy that he should change. This kind of person may still lose the more to gambling until he will realize that he is spending too much on gambling. If he is a married man, he should also think about his family especially if he is the breadwinner of his family. I will advice him to just quit gambling for his life not to become more miserable.

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April 16, 2024, 04:27:23 PM
 #36

snip

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
You must be prepared to lose your money if you are willing to lend your money to your friend.

In my principle, if the person is a gambler then i will not want to lend him my money, it is different if he is a businessman.  all gambling addicts think like that, they think that the mistakes they make can be corrected in the future but it's all just a trap in their minds, nonsense with the strategies they improve, they will only repeat and repeat the mistakes of the past, losing is their fate.

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April 16, 2024, 04:33:35 PM
 #37

Another story of gambler who cant control himself, I believe we have so many topics with similar story like this and I'm not sure why do we need to have many topics with the same discussion.
Starting from addiction, financial issue because of gambling, down into loan because of gambling, etc.
I will prefer to suggest anyone who want to create a new thread to do search first, so we will not have so many repetitive topic/discussion.
@OP: better to lock this thread and you can bring your story into the other older thread, I'm sure you'll find it (at least one).

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Twentyonepaylots
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April 16, 2024, 04:38:57 PM
 #38

First of all, losing $2,000 on gambling is really a huge amount and also a dumb one. Why would you let yourself lose that amount of money in the first place? Didn't he think that earning that kind of money is hard? Then he will just waste it and let it go to gambling. The worst part of this is that they cannot pay rent, which is a necessary thing in order to live. Losing in gambling, he cannot pay rent since he is $2,000 down. With that much burden on your back, I think it is really hard to live the day every day since he has too many things to think about. 

The best thing for him is to work and find a stable job so he can budget for all his needs and his gambling debt. Take things slowly because if he rushes things, problems might show up and it will be harder for him to continue, and please, if he can still change his mind, do not gamble using loan money. It will be much harder for him to recover if he also loses all the loan money. He is just digging his own grave with that kind of strategy.
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April 16, 2024, 04:44:42 PM
 #39

Loan money? for real? Nope, this will only make the problem worst, once you borrow money to gamble just to win back your losses, the pressure will be too high that you cannot focus anymore.
Apart from the fact that loaning money to gamble is such a terrible idea because a win or a loss is not in the gambler's power, another disadvantage of this is the emotional aspect. It is emotionally draining because there is the burden of debt that you as the gambler would have to face and it comes with stress, anxiety, and guilt. Your mental health will be wrecked. How it affects your family and friends is that the trust that you have built will be destroyed. For the op's friend who is a gambler and is married, his spouse may feel betrayed and deeply hurt by his actions which will cause a strain in their relationship that may be not be fixed for years to come.



The story isn't even that clear, because we don't know how good the friend is at gambling, how long he has been gambling and if he has been or is always lucky most of the time during gambling. If these questions can be answered then probably the friend has a winning formula that can help him recover from his loss.
He seems quite confident enough to want to use loan to gamble again despite his financial situation. Let him go with his mind or should I say flow and let's see what happens, because experience sometimes is the best teacher and perhaps this friend of yours hasn't been paying attention for long.

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April 16, 2024, 04:46:24 PM
 #40


Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

The dude has just dug his hole deeper than it was. He has failed to realize that one should at all times gamble with what they can afford to lose and currently, your friend has chosen to go against this warning with the hopes that he will be able to get back what he has lost to gambling ( which is still another error a gambler should not make which is chasing after loses).

Unless his luck is super high he's going to be in serious trouble because he's going to lose that money he borrows and if he's not ready to work to repay the loan he might end up with his properties being held by the loaning company.

Just keep advising him to look for a job to first pay off the loan, if not it's going to be too late before he realizes his mistakes and it might be too late for him to fix things by then.

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April 16, 2024, 04:55:56 PM
 #41

Gambling doesn't work that way he wanna follow it up back, this is more like a revenge gambling because he has already made a mistake at the first time with his money, and gain he went ahead taking a loan of $2k in order to regain back what he has lost while gambling. Now, come to think of this; have you ever believe that losing money in gambling is real Then why did he go ahead to borrow money to correct his mistakes?
This is not possible to recover back his lost and I must say he's not following the whole case in a rightful way rather I will suggest him to distance the gambling site for like 1 week to months let the trauma erase a bit from his heart so that, he won't gamble under pressure of trying to recover back what he has lost so far from gambling.  

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April 16, 2024, 04:57:10 PM
 #42

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
If he doesn't listen to your advice, then that's his problem for having high expectations in gambling. I'm more worried about his family getting caught up with the money he borrowed because you mentioned that he doesn't have a job, and relying on gambling to recover most of his losses is always a bad plan. I hope his losses will eventually teach him a lesson. If he doesn't want to listen to anyone maybe his bets would make him accept the reality and change his mindset before it's too late.

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April 16, 2024, 05:08:00 PM
 #43

Share your opinion on this.
He should follow your advice instead of doing that, gambling isn't a way to earn money or recover the loses. That guy will end up losing the money that he took as loan and then he will have more financial issues in his life. I suggest you to tell him to stop gambling as he's getting addicted to it, and instead do something else to recover the money that he has lost in gambling.

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April 16, 2024, 05:11:26 PM
 #44

Gambling doesn't work that way he wanna follow it up back, this is more like a revenge gambling because he has already made a mistake at the first time with his money, and gain he went ahead taking a loan of $2k in order to regain back what he has lost while gambling. Now, come to think of this; have you ever believe that losing money in gambling is real Then why did he go ahead to borrow money to correct his mistakes?
This is not possible to recover back his lost and I must say he's not following the whole case in a rightful way rather I will suggest him to distance the gambling site for like 1 week to months let the trauma erase a bit from his heart so that, he won't gamble under pressure of trying to recover back what he has lost so far from gambling.  
His actually chasing back his loses, not just that alone making it even worst with a loaned money, like how the hell does he want to live in a kind of dark scenerio when he unfortunately lose everything, I think his wanting to indulge in such because probably he may not understand the implications sorrounding such actions. If he doesn't adhere to your advices, it's best to let him act on his own will and face the repercussions, be it positive outcome or regretfully, In his case experience should serve as the best teacher.

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April 16, 2024, 05:20:35 PM
 #45

Your friend needs help. One of the rules of gambling is never borrow to gamble. Imagine collecting loan to the ton of $2000 dollars, that's a lot money. It even gets worse because he's not working, so how's he going to pay up, through gambling? If he's hoping for luck to smile on him so that he could clear his loan, he might end up incurring more debt. Sadly, there's nothing anyone here can do for him. He needs to realize the hole he's digging for himself and be willing to come out of it.

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April 16, 2024, 05:31:29 PM
 #46

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
You had already done your part on which you have told him about the right stuff in regarding about having a break or would completely stop on what he's doing specially on dealing up with gambling.
He had lost up so much on which it comes into a point that his own family is really that been affected to it. This is why it would really be better that you should really be letting him be because
usually these kind of people would completely stop on the time that they would really be experiencing those conditions that even buying up their own food is already that hard.
People wont learn until they would really be at the bottom.

As a friend then it would really be understandable that we dont want for him to end up on this way on which it would really be a normal thing but there are really things in life that no matter how hard you
do show your concern and give out some advises but still it do end up on getting ignored or rejected on which time comes that we do get tired and simply walk away and seeing them
wrecking out their lives.

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April 16, 2024, 05:36:21 PM
 #47

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

I really want to believe that everything will be fine with your friend in the future, but I really doubt it. If a person starts using credit money, then this is a very bad sign. He most likely has a gambling problem. Among people who have problems with gambling, there are people who understand that they have a problem, and there are people who do not understand that they have a problem or simply do not admit it. Your friend is probably from the second category of people. When a person does not accept a problem but turns a blind eye to it, then, as a rule, nothing good will come of it.
It is also a very bad sign that he has a family and she suffers because of this. It happens that a person loses his money and then he himself suffers because of this, and sometimes, as in this case, the family also suffers. He needs to realize that he is responsible not only for himself but also for his family.
To summarize your message, I want to say that sooner or later your friend will face big problems in life if he does not change his attitude towards gambling and what he has now lost will seem like a drop in the ocean to him

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April 16, 2024, 05:50:14 PM
 #48

Share your opinion on this.
He should follow your advice instead of doing that, gambling isn't a way to earn money or recover the loses. That guy will end up losing the money that he took as loan and then he will have more financial issues in his life. I suggest you to tell him to stop gambling as he's getting addicted to it, and instead do something else to recover the money that he has lost in gambling.
Such a person will begin to realize when his life begins to crumble and he loses everything because of his stupidity. And his friend had done good and tried hard to advise him but he still did it and even took a loan just to cover his losses, and if I were in his friend's position I would ignore him because he had tried to advise him and he also ignored him.
And what is clear is that it is an addiction that must be treated immediately, but if the person ignores it, why keep trying without caring about it. And most addicts will realize it themselves when their life is ruined, but it will be too late. And borrowing money to gamble is a big mistake because if you have done it once you will continue to do it as long as you can still make money to gamble, so it is better not to do it at all under any circumstances or stop gambling.

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April 16, 2024, 06:03:22 PM
 #49

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Having lost so much money gambling that he can't even pay the rent on his house, now he wants to take out another loan in order to recover his previous losses, so this foolish act is because he has become an addict, so he forgot how to stop gambling.

Actually, your advice is good, it's just that your friend himself is still too stunned at this gambling will be difficult to give advice or be advised, surely he has an excuse where he will regain his previous losses, this is ridiculous.

Ah people like this are still many, an addict will do anything including loans here and there, rest assured when getting a loan and then playing the casino again the debt will accumulate further and then will be lazy to work.

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April 16, 2024, 06:11:11 PM
 #50

The solutions or advices that you give to your friend will likely be ignored after he gets the loan.
I dont think anyone can stop him to gamble again with that money.
Someone that's on that state is unstoppable. He's pursuing to recover the losses that he's got and his motivation isn't just his losses but also his family but this is a very wrong way on how you make your family feel better. With gamblers that are currently experiencing losses, it's hard to take that at the moment when it's still fresh and when you've lost a lot. But what's worrying is if you're persisting to continue and you even took a loan for it, you'll just likely going to add more damage to yourself.

But the important thing is that you have told him, and hopefully he can win with that money.
If he loses again, then he will realize that what you said is true and it will be a very hard lesson for him which is sometimes necessary in such conditions.
There are times that one has to learn the hard way to recognize that the situation won't be favoring us at all times. Even if you have that fighting spirit and you think that it's going to be your lucky, you'll get hints that it may not be.

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April 16, 2024, 06:21:41 PM
 #51

I don't know why some people like making their matters worse, if there's a way someone would come and help them, the person won't because the person in question has done their worst to themselves which will be easy to solve.

Is like your friend like learning life lessons the hard way. He gambles with $2000 and loses it, which makes him and his family suffer financially. Like that wasn't enough, he wants to use loan money to balance the previous loss money of $2000k, which he has no way to pay back the loan money than to start gambling again with the loan money he will lose also to gambling. And that will have him frustrated all the days of his life, thinking how to pay back the loan, to be loan-free, and to be able to take care of his family. Once he can't have that done, what he will be thinking of is how to commit suicide to avoid the shame

R


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April 16, 2024, 06:32:04 PM
 #52

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

Gambling with money you can't afford to lose is bad.  Chasing those losses with more money you can't afford to lose is horrible.  Chasing those losses with money received as a loan is absolutely stupid.  This is why people need to view casinos like arcades.  That is what they are.  Expensive arcades.  Sure, maybe winning money adds some excitement, but you are paying for entertainment, not working to earn money.  It is possible that gambling away the loan will result in the rest of your friend's life becoming much harder.  A lower credit score alone may cost him tens or hundreds of thousands of dollars in his lifetime through higher rates if he wants to buy a home or get a credit card. 

Don't chase losses.  Chase fun and don't be scared to spend money to have it.

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April 16, 2024, 06:44:57 PM
 #53

What is your opinion on this, I suggested he go to a regular job to reduce the loan step by step to reduce the loan burden. But he had words of “We can earn, Where we had loss everything “.Share your opinion on this.
Well from your story and a few more stories from this site, I just learned that a gambler who have lost some funds are more attracted to gambling when they lose. They want a quick response through which they can get their whole recovery in a single bet. In your story, I would give the same advice if I were in place of you. I know it's very hard to accept your losses and continue your journey without any thoughts of the loss fund but a few gamblers can do this and we usually call them successful gamblers. If he wants to protect himself from more loss then he needs to do the planned job and recover the loss with the help of it and I think this will be a very understandable and clever move to recover your loss.
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April 16, 2024, 06:47:15 PM
 #54

Your freind is making a very huge mistake of hambling with money he collected as a loan. Loan money should be use for businesses or potential investment not for risking it in an uncertain gambling platform. This mentality of making quick money by doubling it through gambling has kept so many persons in bad conditions that they cant get free from. If its so easy to double huge money everyone would have been doing that but it doesn't work that way. Yes, sometimes we are pushed to take risk with our money but it shouldn't be money we borrowed which is my main concern. Also risk should be taken based on our financial level and not how we feel at the moment, if not we would end up in a critical situation.

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April 16, 2024, 06:55:39 PM
 #55


Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
He just wants to get himself twisted the more because the steps and approach he wants to take is just going to land him where he is not gonna like and that's the place of losing more till everything turns out to be probably unsolvable. What he should rather do is to take the hard way out which is to pay the funds back progressively through other work if he has one because wanting to win it back is mostly saying lose more money into it.

R


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April 16, 2024, 06:58:38 PM
 #56

Loan money? for real? Nope, this will only make the problem worst, once you borrow money to gamble just to win back your losses, the pressure will be too high that you cannot focus anymore.
Apart from the fact that loaning money to gamble is such a terrible idea because a win or a loss is not in the gambler's power, another disadvantage of this is the emotional aspect. It is emotionally draining because there is the burden of debt that you as the gambler would have to face and it comes with stress, anxiety, and guilt. Your mental health will be wrecked. How it affects your family and friends is that the trust that you have built will be destroyed. For the op's friend who is a gambler and is married, his spouse may feel betrayed and deeply hurt by his actions which will cause a strain in their relationship that may be not be fixed for years to come.



The story isn't even that clear, because we don't know how good the friend is at gambling, how long he has been gambling and if he has been or is always lucky most of the time during gambling. If these questions can be answered then probably the friend has a winning formula that can help him recover from his loss.
He seems quite confident enough to want to use loan to gamble again despite his financial situation. Let him go with his mind or should I say flow and let's see what happens, because experience sometimes is the best teacher and perhaps this friend of yours hasn't been paying attention for long.

I have never been a friend of making loans for anything that has to do with gambling, for me a person should never lend money to go to a casino because casinos are usually places where you can lose money very easily, and That is something we must avoid, therefore when we are playing we must assume everything we must do, if we lose it is Better to leave it like that, we do not have to think too much, every time we play we must go with our mind very clear, not do something that we are going to regret later, because after we lose and want to recover, we should not give up so much money because that is a certain loss, so it is better to accept everything, and if we win we have to withdraw, if it is left like this it is likely that the deaths go wrong, and losing money is the only worst thing you can do, or insist because you can fall into addiction.

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April 16, 2024, 07:09:27 PM
 #57

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.

It's not smart to chase losses in gambling, it's even crazier to do that with loaned money. So many things are wrong here, most of the experienced gamblers from the forum talk about responsible gambling often, and it was repeated many times what things not to do. Don't gamble with money we can't afford to lose, don't chase losses, never lend money to gamble, don't gamble just for profit, try to play with a cool head...

After losing money in gambling we have two options, to deposit more and continue playing or taking a break. Taking a break is a lot better option, but if some people have more money to spare trying again shouldn't be a problem. But the point is "have more money to spare", if someone risks money he can afford to lose, or even worse borrow money to try again, it would open a Pandora's box.

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April 16, 2024, 07:20:42 PM
 #58

Gambling doesn't work that way he wanna follow it up back, this is more like a revenge gambling because he has already made a mistake at the first time with his money, and gain he went ahead taking a loan of $2k in order to regain back what he has lost while gambling. Now, come to think of this; have you ever believe that losing money in gambling is real Then why did he go ahead to borrow money to correct his mistakes?
This is not possible to recover back his lost and I must say he's not following the whole case in a rightful way rather I will suggest him to distance the gambling site for like 1 week to months let the trauma erase a bit from his heart so that, he won't gamble under pressure of trying to recover back what he has lost so far from gambling.  
This particular type of action is actually termed a Vail because it's always clouds the judgement and actions of the gambler so he doesn't actually know what to do, not everyone understands that gambling doesn't work this way and that's they have so many addicted and crazy gamblers because they always go in with the wrong mentality on gambling. I have also seen someone even selling all his properties just so he could recover that he lost but he still end up losing those too.

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April 16, 2024, 07:20:47 PM
 #59

Anyone who borrow money to gamble is not a responsible gambler and he will definitely be an addicted gambler. And for the first place why must a gambler agreed to lose gambling because in gambling you have to try your luck with good or bad and you don't have to agree that you are going to lose. Tell your friend not to push his loss in gambling because he will end up chasing to become an addicted gambler. And he should be a responsible gambler with a well plan budget so that he can control his gambling habit and if not he will lose more. Though it is good to change strategy but he has to be a responsible gambler.
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April 16, 2024, 07:32:46 PM
 #60

Gambler will never realise his mistake and will always say that he can earn from gambling so in such tries he loses all his money even if he loses the money which he has taken from others as a loan. I will suggest that if he is going and he can do a job then he should do a job without begging in front of others to give him a loan to recover his lost amount.

It is not necessary that if you have lost money in one field then you will recover that money from that field but you can also change your earning way in order to minimise the risk and recover the lost sum easily without any stress. Your friend has lost a huge sum in gambling so it will be better for him to leave gambling and do a job to reduce his burden.



 

 

 

 

 

 


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April 16, 2024, 07:47:42 PM
 #61

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

Your friend doesn't feel pity for himself, 2000$ is not a small amount to lose in one day. A normal person would have a sense of remorse and make one decision that would change his life for good, I don't see your friend being that normal person that would take a decision on his own after that big loss. You have done your part by advicing him on the right things to do, do not stop reminding him to do better,  maybe one day he would realise himself.


It is very risky to be a gambler and without a sustainable job too. A gambler without a job will channel his energy to gambling because he has seen lots of people walk out of the casino with lots of money they won. The hopes to win too will be high and this set of gamblers will do anything to win too.  Gamblers should ensure they have something else fetching them money so they don't have to hope solely on gambling wins.

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April 16, 2024, 08:11:36 PM
 #62

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.
Mere suggestions to quit gambling will not be taken seriously by a gambler who has not had the interest in trying to stop gambling themselves.

But he had word of “We can earn,Where we had loss everything “.
Very common with anyone who is addicted to any other thing, not just gambling. There is the justification always for the continuance and refusal to take the hard decision of quitting.

R


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April 16, 2024, 08:13:52 PM
 #63

Anyone who borrow money to gamble is not a responsible gambler and he will definitely be an addicted gambler. And for the first place why must a gambler agreed to lose gambling because in gambling you have to try your luck with good or bad and you don't have to agree that you are going to lose. Tell your friend not to push his loss in gambling because he will end up chasing to become an addicted gambler. And he should be a responsible gambler with a well plan budget so that he can control his gambling habit and if not he will lose more. Though it is good to change strategy but he has to be a responsible gambler.

Exactly! OP's friend shows being an irresponsible gambler because he used loan money just to get back all the money that he have loss in gambling which is not advisable because we all know what will going to happen if we do that kind of strategy, You will become addicted and being in a huge debt. No matter how many advise we give to them, OP's friend will never listen because seems like he is decided on the things that he will going to do.



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April 16, 2024, 08:16:30 PM
 #64

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

It's a red flag when a gambler starts to take a loan just to satisfy their gambling urge. Such habits are a sign that the person is an addicted gambler or is about to become one. Most people who take out loans just to gamble are not doing so to satisfy the urge to gamble but rather are doing it for the purpose of making a profit (a huge win) and will probably repay the loan after they have won their bet. Before going ahead with their decision, they don't realize that gambling is not a game of guarantee but rather a game that is 99.9% dependent on luck. I have heard different stories of people who took a loan to gamble and it didn't turn out as they planned, which caused them more problems than they ever expected. 


@OP, Please tell him to get a real job and pay his outstanding loan from there. If he thinks he can repay his loan from gambling, it will be difficult, and he might still end up with a deep loss or lose the money that he would have at least used to pay some of the loan. Let him be aware that winning is not a guarantee. 

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April 16, 2024, 08:17:32 PM
 #65

Anyone who borrow money to gamble is not a responsible gambler and he will definitely be an addicted gambler. And for the first place why must a gambler agreed to lose gambling because in gambling you have to try your luck with good or bad and you don't have to agree that you are going to lose. Tell your friend not to push his loss in gambling because he will end up chasing to become an addicted gambler. And he should be a responsible gambler with a well plan budget so that he can control his gambling habit and if not he will lose more. Though it is good to change strategy but he has to be a responsible gambler.
I like gambling and sometimes I like to test my luck, but even if I lose several bets in a row it won't be a big blow for me because I don't make huge bets. Since childhood, I have been taught to be responsible for my debts and therefore I will never lend money, especially for gambling, this is not justified. My conscience simply won’t allow me to do this, that’s all. I don’t know how others can afford to borrow money for this, is that really how they were raised? Do they really not even consider the possibility that they might lose them too, and then what will they do? Probably it's an inability to think one step ahead, or maybe it's just an addiction that makes them completely blind.

I want to say that if I lose, I will simply stop, I will not have a fierce desire to win back, I think that I have already outgrown this state when I wanted to win back. Probably the casino doesn’t really like people like me, lol.

R


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April 16, 2024, 08:26:05 PM
 #66

Anyone who borrow money to gamble is not a responsible gambler and he will definitely be an addicted gambler. And for the first place why must a gambler agreed to lose gambling because in gambling you have to try your luck with good or bad and you don't have to agree that you are going to lose. Tell your friend not to push his loss in gambling because he will end up chasing to become an addicted gambler. And he should be a responsible gambler with a well plan budget so that he can control his gambling habit and if not he will lose more. Though it is good to change strategy but he has to be a responsible gambler.

Exactly! OP's friend shows being an irresponsible gambler because he used loan money just to get back all the money that he have loss in gambling which is not advisable because we all know what will going to happen if we do that kind of strategy, You will become addicted and being in a huge debt. No matter how many advise we give to them, OP's friend will never listen because seems like he is decided on the things that he will going to do.

Yes, he might be really in deep as far as gambling goes and his decision are clouded. He is so addicted that no matter what the amount of money he will hold, he will continue to gamble it. This is not strategy, this is risking everything including himself and the future of his family. Of course, our first reaction and advise is that the OP should help his friend to stop gambling or take it slowly. But still, the number one person that can help him is his families, the OP should reach to them and do like a intervention in front of his family and the gambler sitting to explain what gambling can bring to their lives.

R


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April 16, 2024, 08:31:44 PM
 #67

Whether it is good or bad following the algorithm it is always not advisable to do gambling with loan money as it wll only worsen his current situation. We all know that getting loan money to recover his loss is not what you think might work. But you can do nothing if your friend still insist to do so.



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April 16, 2024, 08:37:18 PM
 #68

Unfortunately, the feeling of loss brings a desire for revenge, wanting to risk more to gain at least as much as you lost. That's when things go off the rails. This is very common in risky asset trades and leveraged operations in crypto.

Unfortunately, saying that your friend is wrong has little chance of making him change his mind, try suggesting other less risky ways of making money and that he should stop taking out loans to gamble, as emotionally shaken he loses the ability to think rationally and even in betting decisions.

From what I get it, your friend is unemployed, isn't? In this case it's even worse, help your friend find a job so he can resume gambling and pay off all his debts sooner.

Living with adrenaline can be really cool, but when it causes us to lose sleep and develop anxiety, is it really worth it to live dangerously, taking too many risks, especially with accumulated losses?

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Miles2006
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April 16, 2024, 09:11:06 PM
 #69

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Why will anyone want to earn using gambling and think of different kinds of strategy. Taking a loan to bet is not necessary and the worst part about your friend is he/she came up with a different mindset of earning. Your friend in question never sat down to reason why he/she can't resist the urge to gamble, honestly speaking addiction is just too overbearing cause the rate we see and hear about people selling their properties, owing debt is strange. I don't think your friend will want to quit gambling sooner or later, preaching against gambling can't really help, I have seen people with different kinds of aim and your aim determines your action so if such person want to earn from gambling then the person might likely turn to an addict. An addict will Always have the mindset of playing over and over despite their budget, this is the actually reason most people will think wealthy gamblers earn more compared to others cause they're always self disciplined. The moment your friend exhibit the habit of self disciplined when gambling he/she will  learn to control the act
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April 16, 2024, 10:11:39 PM
 #70

Anyone who borrow money to gamble is not a responsible gambler and he will definitely be an addicted gambler. And for the first place why must a gambler agreed to lose gambling because in gambling you have to try your luck with good or bad and you don't have to agree that you are going to lose. Tell your friend not to push his loss in gambling because he will end up chasing to become an addicted gambler. And he should be a responsible gambler with a well plan budget so that he can control his gambling habit and if not he will lose more. Though it is good to change strategy but he has to be a responsible gambler.

Exactly! OP's friend shows being an irresponsible gambler because he used loan money just to get back all the money that he have loss in gambling which is not advisable because we all know what will going to happen if we do that kind of strategy, You will become addicted and being in a huge debt. No matter how many advise we give to them, OP's friend will never listen because seems like he is decided on the things that he will going to do.
This can be a risky attempt for us as gamblers if we try to copy this kind of pattern of getting loan and using it to gamble so we can earn from our bets. It could look like an investment but it is not because we need to make sure we take risk that is affordable for us not something that is going to make us to end up losing big from our endeavors. There might be gambling that might have taken loan to play bets and win but which can be seen as a big luck rather to be seen as an endeavor by the person to be able to have a positive bets after borrowing funds to bet. Let's keep taking lesser risks that we can afford not something that is going to ruin us entirely.

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April 16, 2024, 10:40:43 PM
 #71

But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
That’s a beautiful quote but it doesn’t apply to gambling. I don’t think your friend has a gambling addiction, the word “addiction” has been used loosely in many cases. People blame their lack of responsibility on addiction like it’s a disease that can happen to anyone. What do you call someone who refuses to work and chooses to gamble for a living? Irresponsible. It’s a pity his family is suffering for his stupid actions.
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April 16, 2024, 10:59:58 PM
 #72

He may be addicted due to chasing his losses. What you are suggesting to him is the right thing to do. The only problem here is how can you make him stop but you don't have to force it. You've done your job as a concerned friend by warning him that it could go out of hand. Now, it is up to him if he would listen to you or not. If not, I don't think that is your problem anymore but if you are really close to each other then you might want to tell this to his family members so that they will be the ones to make the next move to straighten things out.

There are times when whatever we say to our friends won't sink into their brains because we are "just" friends. They might listen to other people so you can do that or just leave him be after giving him the warning.

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April 16, 2024, 11:00:16 PM
 #73

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
the guy is a moron, the wife especially the kids needs to prepare for the worse, to be honest seperating from that guy would probably the best option they have, because there is a chance that an addicted person get violent to the people close to them(I am talking about domestic violence).  the dude is completely addicted and needs a HARSH reality check.

when you said that you suggested to him "to go to the regular job", are you saying that he doesn't have a stable job and is relying on gambling to earn money?

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April 16, 2024, 11:02:59 PM
 #74

But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
That’s a beautiful quote but it doesn’t apply to gambling. I don’t think your friend has a gambling addiction, the word “addiction” has been used loosely in many cases. People blame their lack of responsibility on addiction like it’s a disease that can happen to anyone. What do you call someone who refuses to work and chooses to gamble for a living? Irresponsible. It’s a pity his family is suffering for his stupid actions.

And that is just another excuse for this guy to continue with his bad gambling habits. It's really addiction as he keep on chasing his losses and for sure, he can't sleep at night not thinking of gambling and then wanting to comeback the next day.

And even if he doesn't have money, he will find ways to borrow from someone and make up stories, this and that, blah blah and make it believable so that he will gain the trust of that person. But unfortunately, gambling addicts are pathological liar so they will do everything in their power to produce money and continue with their addiction.
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April 17, 2024, 01:25:40 AM
 #75

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Your friend is playing with fire, he lost enough money to compromise the happiness and comfort of his own family, and now he is gambling with money he asked as a loan, if he is not a gambler with deep issues then I do not know who qualifies for that description.

At this point whatever scenario that happens is bad for your friend, because even if he wins and earns his money back, this will simply mean that the next time this happens he will be too eager to do this again and gamble with money that is not even his, and at that time I doubt he will be that lucky to get a win.

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April 17, 2024, 09:05:16 AM
 #76

Whether it is good or bad following the algorithm it is always not advisable to do gambling with loan money as it wll only worsen his current situation. We all know that getting loan money to recover his loss is not what you think might work. But you can do nothing if your friend still insist to do so.
It's not recommended because obviously it will only worsen the situation and the situation. Gambling using borrowed money is the same as we bring ourselves to misery, instead of gambling with borrowed money can turn things around as expected but the facts about gambling cannot be changed, such as the large chance of losing compared to the small chance of winning. It is unlikely that we can prevent our friends from doing that because of course what will win is the ego that only wants to gamble to get a win.
In addition, when friends or other people have the courage to take actions like this I think they are heavily addicted, so they cannot help themselves from their addiction, even though they are already at a point that can be said to be bankrupt or miserable but because of their addiction they dare to do things at great risk such as borrowing money to return to gambling. Instead of being able to turn things around, it only makes things worse.

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April 17, 2024, 09:20:21 AM
 #77

What kind of strategies a person that has just lost money have? The wrong one would be try to play back immediately. The less right would be to take pause, evaluate possibilities to return to gambling and make a decision to make another deposit. Most correct would be to finish gambling for that day or week. But if I would lose money (and a lot, as OP mentioned that) in gambling, my first thoughts would be where I could earn money now to close that minus in my budget Cheesy

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AliMan
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April 17, 2024, 09:37:06 AM
 #78

~snip~

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

If that's his response, there's nothing you can do about it since that piece of advice from you won't harm him. You're very concerned about that person, but he just neglected the brilliant idea of taking into regular job that will provide souce of income for living.
Gambling isn't an essential form of money making, proven by luck you'll be able to earn profits but in most cases losses will make a person fail and fail until such time you'll be drowning to debts that's hard to recover.

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April 17, 2024, 12:00:29 PM
 #79

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.


It's very certain that you have to lose in this aspect but the biggest mistake on could ever find themselves doing is gambling with borrowed money or loan,it's a huge risk I would say and a loss cause you can't tell what the outcome will be like and with that having a huge responsibility at hand should necessitate the fact that you should opt out from such.
So no I don't think after this great loss there's more to achieve Nah,their isn't but the strong addictive force won't let such gambler to resist gambling but he should just quit gambling entirely and look for better means to cover up the loss rather chasing it .

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348Judah
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April 17, 2024, 12:07:47 PM
 #80

Anyone who borrow money to gamble is not a responsible gambler and he will definitely be an addicted gambler. And for the first place why must a gambler agreed to lose gambling because in gambling you have to try your luck with good or bad and you don't have to agree that you are going to lose. Tell your friend not to push his loss in gambling because he will end up chasing to become an addicted gambler. And he should be a responsible gambler with a well plan budget so that he can control his gambling habit and if not he will lose more. Though it is good to change strategy but he has to be a responsible gambler.

Exactly! OP's friend shows being an irresponsible gambler because he used loan money just to get back all the money that he have loss in gambling which is not advisable because we all know what will going to happen if we do that kind of strategy, You will become addicted and being in a huge debt. No matter how many advise we give to them, OP's friend will never listen because seems like he is decided on the things that he will going to do.

Knowing the nature of gambling and the risk involved, i will also not support for the use of loan all in the name of having recovery, do we even have that confidence that we are going to win if we should take loan in other to win, is chasing after losses proven to be one of the effective means of winning in gambling, have we even consider the house edge effect upon every bet we are taking, why do we think that many will advise that only gamble with the amount of money you can afford to lose, all these should be put into consideration by the gambler.

R


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April 17, 2024, 12:24:25 PM
Merited by avp2306 (1)
 #81

Anyone who borrow money to gamble is not a responsible gambler and he will definitely be an addicted gambler. And for the first place why must a gambler agreed to lose gambling because in gambling you have to try your luck with good or bad and you don't have to agree that you are going to lose. Tell your friend not to push his loss in gambling because he will end up chasing to become an addicted gambler. And he should be a responsible gambler with a well plan budget so that he can control his gambling habit and if not he will lose more. Though it is good to change strategy but he has to be a responsible gambler.

Exactly! OP's friend shows being an irresponsible gambler because he used loan money just to get back all the money that he have loss in gambling which is not advisable because we all know what will going to happen if we do that kind of strategy, You will become addicted and being in a huge debt. No matter how many advise we give to them, OP's friend will never listen because seems like he is decided on the things that he will going to do.

Knowing the nature of gambling and the risk involved, i will also not support for the use of loan all in the name of having recovery, do we even have that confidence that we are going to win if we should take loan in other to win, is chasing after losses proven to be one of the effective means of winning in gambling, have we even consider the house edge effect upon every bet we are taking, why do we think that many will advise that only gamble with the amount of money you can afford to lose, all these should be put into consideration by the gambler.
Taking up some loan for you to gamble more or would really be trying out to make some recovery of your lost funds? For sure you are really that digging up your own grave if you would really be continuing this kind of behavior on which it would really be that better that you should really be that avoiding such mistake as much as you could. On the time that you would be losing money then dont make yourself that be thinking that you could really be able to recover on what you have lost. Always be that sensible on the actions you are making and since you are really that been wary that gambling is risky then it would be better that you should be completely quitting up or stopping on the time that you had exhausted all of your bankroll on which it would really better that having that control as always.

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April 17, 2024, 12:29:54 PM
 #82

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

This is too risky a decision. Borrowing money to gamble is already a bad thing to do, and this is even worse when you have already lost money. The mentality of regaining back his loses can harm him, and debt will pile up on debt.

This is a fairly common mistake of people who lose at gambling. They are bitter and do not accept their losses, leading to borrowing to get out of trouble, but the more they do that, the deeper they fall into debt. I was once in a similar situation so I understand this feeling very well. If my relatives hadn't intervened in time, I probably wouldn't have been able to get back on my feet with high-interest loans. It can be said that the more you play, the more you lose.

Therefore, the lesson I learned after losing money in gambling is that you must learn to forget that loss by taking a break from playing for a while. After you calm down, think about continuing to play, don't try to get money back immediately.

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April 17, 2024, 12:36:28 PM
 #83

Anyone who borrow money to gamble is not a responsible gambler and he will definitely be an addicted gambler. And for the first place why must a gambler agreed to lose gambling because in gambling you have to try your luck with good or bad and you don't have to agree that you are going to lose. Tell your friend not to push his loss in gambling because he will end up chasing to become an addicted gambler. And he should be a responsible gambler with a well plan budget so that he can control his gambling habit and if not he will lose more. Though it is good to change strategy but he has to be a responsible gambler.

Exactly! OP's friend shows being an irresponsible gambler because he used loan money just to get back all the money that he have loss in gambling which is not advisable because we all know what will going to happen if we do that kind of strategy, You will become addicted and being in a huge debt. No matter how many advise we give to them, OP's friend will never listen because seems like he is decided on the things that he will going to do.

Knowing the nature of gambling and the risk involved, i will also not support for the use of loan all in the name of having recovery, do we even have that confidence that we are going to win if we should take loan in other to win, is chasing after losses proven to be one of the effective means of winning in gambling, have we even consider the house edge effect upon every bet we are taking, why do we think that many will advise that only gamble with the amount of money you can afford to lose, all these should be put into consideration by the gambler.

Taking up some loan for you to gamble more or would really be trying out to make some recovery of your lost funds? For sure you are really that digging up your own grave if you would really be continuing this kind of behavior on which it would really be that better that you should really be that avoiding such mistake as much as you could. On the time that you would be losing money then dont make yourself that be thinking that you could really be able to recover on what you have lost. Always be that sensible on the actions you are making and since you are really that been wary that gambling is risky then it would be better that you should be completely quitting up or stopping on the time that you had exhausted all of your bankroll on which it would really better that having that control as always.

Additionally, if we are going to consider the risk involved, i don't think such should even be regarded as a strategy, instead a stupidity, from the first place, taking loan is not a good idea for starting a business and not to talk of using it for gambling purpose, with this kind of decisions, so many gamblers have be thrown into divers categories of troubles at the cause and there is no how they can see gambling as fun anymore with this than frustration because they are busy running after what they may not be able to achieve with the loan taken.

R


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April 17, 2024, 12:59:35 PM
 #84

Additionally, if we are going to consider the risk involved, i don't think such should even be regarded as a strategy, instead a stupidity, from the first place, taking loan is not a good idea for starting a business and not to talk of using it for gambling purpose, with this kind of decisions, so many gamblers have be thrown into divers categories of troubles at the cause and there is no how they can see gambling as fun anymore with this than frustration because they are busy running after what they may not be able to achieve with the loan taken.

Permit me to say that it only takes the grace of our good God for someone who is exhibiting such behavior towards gambling to be safe and free from frustration. It can only be luck that can make them to either win jackpot or call back their mind to realize that what they are doing is a big mistake. @348Judah, it is normal to take loan for business purpose but not for the purpose of gambling, but before taking loan for a business purpose, the person must makes sure it's a business that will be profitable to avoid being in a bad situation.

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April 17, 2024, 01:31:47 PM
 #85

Any loss, and especially a big loss, is a reason to think about it. The most important thing you should do (if you haven't already) is stop playing. It is obvious that you have made one or more serious mistakes. Perhaps these are errors in game forecasting, in risk management, in money management, or some other error. But the fact of the error is obvious. You must come up with a solution that will help you neutralize these errors in the future. Otherwise, further continuation of the game is pointless.
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April 17, 2024, 01:37:15 PM
 #86

After losing money in gambling, there are various steps in which a gambler must take depending on the circumstances provided, such as:

  • Stop and call it a day;
  • Continue to gamble if the remaining funds are within the allocated budget;
  • Try a different game provided in the gambling platform;
  • Take a break and gamble again within a few minutes;
  • Re-evaluate the situation and decide afterwards.

Naturally, the if a person loses in a gambling, the initial reaction is to recover their losses by gambling again. This kind of strategy may snowball depending on your luck and if your budget allows you to do so. The list provided is not exclusive as there are still other ways in which a person may do after losing but the most important factor there is having a designated budget in gambling.

If you have no allocated budget for the day, then you run the risk of continuously gambling non-stop. Always re-evaluate the situation and be rational when it comes to spending. As a rule of thumb, do not chase away your losses especially if you go beyond your budget for the day.

R


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April 17, 2024, 02:00:35 PM
 #87

 It is very unwise for an individual to loan money and go into gambling with the hope of doubling the money, some individuals have been lucky though but it's not advisable and very risky moreover your friend  previously lost $2000 so the best thing to do is pause for a while, come up with better strategies and continue later if he wishes, but then not with a loaned money but spare cash he could willingly lose.

 Well if he were to be my friend the best advise I'll give him is to take a temporary pause and try again later instead going to borrow money and chase his lose, what if he lose the money he borrowed to recover his lose, would he go borrow another money again to pay for the old debt? These are things I expect some individuals to put into consideration before taking some steps they'll regret and since he's your friend you're in the best position to feed him with good advise.

R


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April 17, 2024, 02:56:38 PM
 #88

It is very unwise for an individual to loan money and go into gambling with the hope of doubling the money, some individuals have been lucky though but it's not advisable and very risky moreover your friend  previously lost $2000 so the best thing to do is pause for a while, come up with better strategies and continue later if he wishes, but then not with a loaned money but spare cash he could willingly lose.

 Well if he were to be my friend the best advise I'll give him is to take a temporary pause and try again later instead going to borrow money and chase his lose, what if he lose the money he borrowed to recover his lose, would he go borrow another money again to pay for the old debt? These are things I expect some individuals to put into consideration before taking some steps they'll regret and since he's your friend you're in the best position to feed him with good advise.
If someone takes a loan to continue playing gambling, that will be the worst decision because he will not have a big chance to win from gambling instead will lose the loan money and he will difficult to repay the loan. He will feels difficult to doubling his money from gambling as gambling is not a place to make money instead for have fun in his spare time. If he still insist doing that over and over, he will only gets lose all of the money and he must repay the loan money. He will not realize his mistakes because his minds will only thinks about how to wins the money from gambling.

The best strategy that a gambler can do is trying to limits his money for playing gambling and must realizes that playing gambling is just for fun and not for makes money. He doesn't needs to takes a loan for playing gambling because he can allocates his money to playing gambling without making him in trouble. All people can do that but it needs to realizes that he must makes limitations to playing gambling and trying to break his rules.

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April 17, 2024, 03:10:35 PM
 #89

This is where some gamblers are missing it in gambling, for not apply plan B to hustle to get some money to gamble in another day because the moment you continue gambling when you are losing, it will not allow you to apply the plan B.

 Never you loan money to try to recover your losses from gambling, than to use the little money that enter your hand to gamble until you begin to win before you can increase your money.

 Loaning money to gamble is not a strategy to encourage gamblers to involve themselves, which you need to advise your friend never to get involve because he will not concentrate on his gambling and his mind will be on the loan, and it will make him to lose more.

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April 17, 2024, 03:20:32 PM
 #90

Gambling with borrowed money to cover prior losses is an extremely dangerous and foolish act. Borrowing money to gamble is highly ill-advised as it may exacerbate your already existing financial troubles. If you have started going through a difficult time because of earlier gambling losses, taking a loan will only make the financial burden more unbearable, which would likely perpetuate a cycle of economic turmoil.

An irresponsible way to solve money problems or make up for previous losses is gambling. What you should be concentrating on is putting an end to your gambling addiction and then slowly turning around your financial situation without any aggressive efforts. Dealing with a gambling problem takes self-awareness, the support of loved ones, and sometimes the aid of a therapist or an addiction counselor. So if you learn that one of your loved ones has a gambling problem, it is better that you be supportive for them to overcome it.

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April 17, 2024, 03:37:42 PM
 #91



Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

Your friend has a bad strategy all method or strategy, anything that involves taking a loan is always a bad idea, you should never play with the idea that must win and beat the casino it is pressure playing that will eventually backfire on you.
In my case whenever I suffer huge losses I take a break so I can forget my losses, you don't play right away and try to regain what you've lost, as a rule of thumb in gambling you must never chase your losses, it's a bad mindset, a bad idea and bad strategy, so it will yield with a bad result.

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junder
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April 17, 2024, 04:44:17 PM
 #92

Taking up some loan for you to gamble more or would really be trying out to make some recovery of your lost funds? For sure you are really that digging up your own grave if you would really be continuing this kind of behavior on which it would really be that better that you should really be that avoiding such mistake as much as you could. On the time that you would be losing money then dont make yourself that be thinking that you could really be able to recover on what you have lost. Always be that sensible on the actions you are making and since you are really that been wary that gambling is risky then it would be better that you should be completely quitting up or stopping on the time that you had exhausted all of your bankroll on which it would really better that having that control as always.

Actions or behavior like that do not have to be done, if they take the action of borrowing money to return to gambling, it is true that you say they are digging a grave for themselves. In my opinion, it is also very unnatural when they dare to borrow money to be able to gamble again by wanting to chase wins or to recover losses. because gambling that is done will definitely only make us lose money, recovering losses is the same as spending all the money they have, clearly borrowing money to gamble means they have lost all the money they have.

accepting the risk with the fact that it will definitely happen is what must be determined, never think or have thoughts about recovering losses in gambling or chasing wins, because that will only get us into trouble. What you say is correct, we have to be wise in gambling, don't let gambling hypnotize us, when the gambling we do ends in defeat then we have to stop and walk away from gambling and not gamble again.

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usekevin
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April 17, 2024, 04:55:39 PM
 #93

Gambling with borrowed money to cover prior losses is an extremely dangerous and foolish act. Borrowing money to gamble is highly ill-advised as it may exacerbate your already existing financial troubles. If you have started going through a difficult time because of earlier gambling losses, taking a loan will only make the financial burden more unbearable, which would likely perpetuate a cycle of economic turmoil.


It’s true most of the gamblers had loss their funds by chasing their loss after their loss in the gambling site.The important to understand the reality,why the gambler should risk again where the possibility of winning is like 50-50 of the betting.Many gamblers get into the bankrupt by choosing the option of borrowing the money to target the losses in the past games.Many experienced gamblers will not accept the way of borrowing for the next game in the gambling site after the loss of their entire capital money.


An irresponsible way to solve money problems or make up for previous losses is gambling. What you should be concentrating on is putting an end to your gambling addiction and then slowly turning around your financial situation without any aggressive efforts. Dealing with a gambling problem takes self-awareness, the support of loved ones, and sometimes the aid of a therapist or an addiction counselor. So if you learn that one of your loved ones has a gambling problem, it is better that you be supportive for them to overcome it.

The responsible gamblers will accept their loss in the gambling site,they never worry about the old losses.Because by participating in the gambling site,they agree to play the game with the 50-50 chance of winning in the gambling site.The borrowing for the loss is like the money loss may be multiplied.So it was essential for the gamblers to get away from the more loan to get into the huge financial problem.The experienced gambler would not take the loan to play gambling with loan.
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April 17, 2024, 06:08:21 PM
 #94

Gambling with borrowed money to cover prior losses is an extremely dangerous and foolish act. Borrowing money to gamble is highly ill-advised as it may exacerbate your already existing financial troubles. If you have started going through a difficult time because of earlier gambling losses, taking a loan will only make the financial burden more unbearable, which would likely perpetuate a cycle of economic turmoil.


It’s true most of the gamblers had loss their funds by chasing their loss after their loss in the gambling site.The important to understand the reality,why the gambler should risk again where the possibility of winning is like 50-50 of the betting.Many gamblers get into the bankrupt by choosing the option of borrowing the money to target the losses in the past games.Many experienced gamblers will not accept the way of borrowing for the next game in the gambling site after the loss of their entire capital money.


An irresponsible way to solve money problems or make up for previous losses is gambling. What you should be concentrating on is putting an end to your gambling addiction and then slowly turning around your financial situation without any aggressive efforts. Dealing with a gambling problem takes self-awareness, the support of loved ones, and sometimes the aid of a therapist or an addiction counselor. So if you learn that one of your loved ones has a gambling problem, it is better that you be supportive for them to overcome it.

The responsible gamblers will accept their loss in the gambling site,they never worry about the old losses.Because by participating in the gambling site,they agree to play the game with the 50-50 chance of winning in the gambling site.The borrowing for the loss is like the money loss may be multiplied.So it was essential for the gamblers to get away from the more loan to get into the huge financial problem.The experienced gambler would not take the loan to play gambling with loan.

Acceptance comes first in gambling, accepting any outcome on a bet because you only win or loss as a result of the chances in the game. If you accept and understand that you can always show up another day. There is no greater strategy than playing another day rather than risking or borrowing money, 75% at times you won't be in a state were you gamble based on your decision and analysis.

Moderation over everything, cut your loses and ensure you have limits, lose and win is certain accept any.

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lionheart78
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April 17, 2024, 06:26:25 PM
 #95


Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

It is quite sad that your friend did not realized that he has done to much misery to his family.  I understand your friends eagerness to recover the money but he should have realized that the more we chase losses and aim to recover in gambling the more we lose since our decision is greatly affected by the desire to recover the amount. 

I am with you in suggesting your friend to stop gambling (for the meantime) and look for a stable job and pay for his debt first before going back to gambling.  or if your friend can't stop gambling, he still needs to look for a stable job, and allocate a certain percentage of his income to paying the debt, fund for gambling, and family needs, obviously he must prioritize the expenses for the needs of his family. 

But it looks like your friend is somehow stubborn and keep on insisting that he can recover his losses.  I think you can't do anything in this situation and let your friend be, at least you had adviced him of the right thing to do, it is up to him if he will heed it or not.

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April 17, 2024, 06:49:00 PM
 #96

Losing is  common experience to all of us. Whenever I am in huge loss in gambling, I usually take a pause to somehow calibrate my luck although without assurance but obviously it would be better than to push my luck on winning the game and make up with what I have lost. I am seeking efficiency with gambling; limit to loss and limit to profit. So far, this habit of mine helped me to be quite in profit than with what I have experienced when I was still betting bigger amount than what I supposed to.


Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

Your friend has a bad strategy all method or strategy, anything that involves taking a loan is always a bad idea, you should never play with the idea that must win and beat the casino it is pressure playing that will eventually backfire on you.
In my case whenever I suffer huge losses I take a break so I can forget my losses, you don't play right away and try to regain what you've lost, as a rule of thumb in gambling you must never chase your losses, it's a bad mindset, a bad idea and bad strategy, so it will yield with a bad result.

Taking a break would be better than to push your fate in this industry; if you lost then you're unlucky and this is the simplest explanation to why do people stress that much whenever things are not going in accordance with what you assume in the first place.

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April 17, 2024, 07:12:43 PM
 #97

,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.
I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.
It is unwise for one to have serious issues to solve with money and decides to use the available money to play gambling when their is an unsolved problems that's demands money. I know addiction makes people to play gambling anyhow, this can happen when one has no serious problems to solve with money but it is so dissapointing to see people that have important things to solve with money still make mistakes to use the money to play gambling thinking that they can get double of it, it doesn't make any sense.

The risk of losing money should be a reason why people needs to be scared of using all they have to play gambling instead they still try their luck to play with the only available money which the possibility of losing it is high.
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April 17, 2024, 07:21:21 PM
 #98


Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

It is quite sad that your friend did not realized that he has done to much misery to his family.  I understand your friends eagerness to recover the money but he should have realized that the more we chase losses and aim to recover in gambling the more we lose since our decision is greatly affected by the desire to recover the amount. 

I am with you in suggesting your friend to stop gambling (for the meantime) and look for a stable job and pay for his debt first before going back to gambling.  or if your friend can't stop gambling, he still needs to look for a stable job, and allocate a certain percentage of his income to paying the debt, fund for gambling, and family needs, obviously he must prioritize the expenses for the needs of his family. 

But it looks like your friend is somehow stubborn and keep on insisting that he can recover his losses.  I think you can't do anything in this situation and let your friend be, at least you had adviced him of the right thing to do, it is up to him if he will heed it or not.

Chasing loses is never been that ideal or something recommended specially on dealing up with gambling. When you are at loss then never ever make yourself be thinking about recovery because most of the time you would really be ending up into those last resort decisions which might really be that causing up the problem even more bigger or something that would really be out of hand. This is why it would really be that important that you should really know on what you are doing or simply you've been aware those probabilities because people do make out some decisions outright on the time that their emotions would really be kicking in.
Yes, it might sounds easy to make out some advises but on the time that you are on such condition or situation then it would really be that so something hard to be done.

After losing money then you shouldnt really be chasing it out, you should really know on calling it a day once it do happens. Always allocate on the amount on which you can only afford to lose
and never ever make yourself that too impulsive on trying out to make some recovery.


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April 17, 2024, 08:53:53 PM
 #99

Any loss, and especially a big loss, is a reason to think about it. The most important thing you should do (if you haven't already) is stop playing. It is obvious that you have made one or more serious mistakes. Perhaps these are errors in game forecasting, in risk management, in money management, or some other error. But the fact of the error is obvious. You must come up with a solution that will help you neutralize these errors in the future. Otherwise, further continuation of the game is pointless.

When we experience a loss, especially a fairly large loss, it is true what you said that the first step we must take is to withdraw from the game to take a break from the activity and think seriously about dealing with what happened. Because it is possible that the defeat we experienced was caused by our own carelessness without realizing it. Gambling is full of thrill and excitement, so someone could unknowingly lose a lot of money in just one time. So the next step we have to take is to find a solution to overcome this error. Namely by increasing our knowledge and skills in the type of gambling we play to maximize the possibilities in each game, as well as improving the way we manage money and implementing limits regarding the amount of money used. issued for gambling. And being able to use our loss experiences as lessons for the future.

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April 17, 2024, 09:17:03 PM
 #100


it's hard to give advice to people who only want to follow their own beliefs, Imagine? Your suggestion is good that maybe it is better to find a job to have a fixed income and it will help to reduce their debts but in the end, he chose to continue gambling because of the belief that when something is lost, there is better replacement, He didn't know that what he was doing was only bringing himself closer to an even worse problem. it's hard to give advice to people who only want to follow their own beliefs, Imagine? Your suggestion is good that maybe it is better to find a job to have a fixed income and it will help to reduce their debts but in the end, he chose to continue gambling because of the belief that when something is lost, there is better replacement, He didn't know that what he was doing was only bringing himself closer to an even worse problem.
Your point is very correct and valid, someone who wants to change or drop a habit have to first accept that he or she i wrong and has got a bad habit that they want to drop then from there they can proceed to making sure they get help because they have accepted they need help then they can welcome help if it come their way but if they are not willing to accept help then it becomes difficult for them to be helped because it's assumed they aren't even seeing any wrong in that which they are doing so it's very difficult to help them, help only makes sense when the ones who needs help accept that they need the help of which if they don't accept the fact that they need help first then it will be more difficult helping them.

Of this friend had accepted that he's doing the wrong thing then i think he will want to take the advice given him but because he had taught that he can still be able to recover so actually to him there's nothing wrong in that which he's doing and so he just have to continue.

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April 17, 2024, 09:27:26 PM
 #101

Any loss, and especially a big loss, is a reason to think about it. The most important thing you should do (if you haven't already) is stop playing. It is obvious that you have made one or more serious mistakes. Perhaps these are errors in game forecasting, in risk management, in money management, or some other error. But the fact of the error is obvious. You must come up with a solution that will help you neutralize these errors in the future. Otherwise, further continuation of the game is pointless.

When we experience a loss, especially a fairly large loss, it is true what you said that the first step we must take is to withdraw from the game to take a break from the activity and think seriously about dealing with what happened. Because it is possible that the defeat we experienced was caused by our own carelessness without realizing it. Gambling is full of thrill and excitement, so someone could unknowingly lose a lot of money in just one time. So the next step we have to take is to find a solution to overcome this error. Namely by increasing our knowledge and skills in the type of gambling we play to maximize the possibilities in each game, as well as improving the way we manage money and implementing limits regarding the amount of money used. issued for gambling. And being able to use our loss experiences as lessons for the future.

I have had very big losses and that has made me feel bad, because it has made me think a lot and reflect that bears have to be done more quickly with more restraint and with much more dedication for them to turn out well, I have always said that, yes We start to analyze things because it is obvious that when we are looking for consolation, it is very difficult, just words and go ahead, work harder and do things better for the next game session, because otherwise you can't do many more things, .

I have even cried and I have to move forward, because losing money like that is difficult, I have lost more than what I have won, I cannot say that I have won big, what I have won the most has been 25usd and that is the equivalent so that I don't retire from the game at once.

R


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April 17, 2024, 09:31:14 PM
 #102

When we experience a loss, especially a fairly large loss, it is true what you said that the first step we must take is to withdraw from the game to take a break from the activity and think seriously about dealing with what happened. Because it is possible that the defeat we experienced was caused by our own carelessness without realizing it. Gambling is full of thrill and excitement, so someone could unknowingly lose a lot of money in just one time. So the next step we have to take is to find a solution to overcome this error. Namely by increasing our knowledge and skills in the type of gambling we play to maximize the possibilities in each game, as well as improving the way we manage money and implementing limits regarding the amount of money used. issued for gambling. And being able to use our loss experiences as lessons for the future.

It seems to me that you don’t need to be a genius to look around and understand that most gamblers are always at a loss and only very rare lucky ones win the jackpot. It is no less easy to see that those who go to work and work there receive at least a salary that allows them to cover many of their vital needs. I say this because his friend understands everything perfectly, but as long as he has a choice between gambling and ordinary life where he has to work, he will choose gambling. But at some point life will force him to make a different choice  Grin

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April 17, 2024, 09:41:51 PM
 #103

I have even cried and I have to move forward, because losing money like that is difficult, I have lost more than what I have won, I cannot say that I have won big, what I have won the most has been 25usd and that is the equivalent so that I don't retire from the game at once.
Normally, we cry when we've worked hard the money that we used to gamble. And upon losing it, it's not just about losing the money but also losing all of the times that we've spent for earning that money and that's why we become emotionally which is normal when we realize at the end how we lost a lot even if the amount we gambled is small for the others. No effort can be par with that amount when it includes our time, effort, energy and attention.

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April 17, 2024, 10:08:53 PM
 #104

The possibilities of controlling oneself in gambling is not actually about how much experiences acquired but your personal gaming decisions to be mean or loosed to yourself if you would be in charge of your emotions or the casino will take charge of yourself for you.
So in both beginners and old gamblers, it is based on persons and not about who comes first acquires the best advantage. This is just about gambling being a game of luck.

I have withnessed such persons ws your friend who struggles to meet up with their bills and budgets but yet they could always find all means to get money and stakes in the gamble.

Your friends ideal of going for more loans to stake more in the gambling with the hope that he would win and so he can clear his families debts is not the right thing.
If he could lost over $2K then there is no promising tendencies that he was going to win other times.

He could actually be unlucky in multiple times.
Let him know that gambling is a game of luck and it could be possible that he could bet a million times without winning so, he should stop giving himself those false hope of winning. In  better chances for him, he should not being so separate of winning for profits on gambling else there will always be that Irresponsible insightments of him in the gambling that it is a source of income.

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April 17, 2024, 10:43:00 PM
 #105

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
This is the worst decision that he has taken, using loaned money to go back to gambling, and with such a mindset, he is likely to lose all of it to gambling, and that's when he will realise he has made a mistake. 
 
Your friend needs help; he is addicted to gambling, but you might not know. His family is in a financial crisis, yet he chooses to play with money that could be used for other things, and when things go sideways, they will suffer together, not just him.

R


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April 17, 2024, 10:59:05 PM
 #106

This is too risky a decision. Borrowing money to gamble is already a bad thing to do, and this is even worse when you have already lost money. The mentality of regaining back his loses can harm him, and debt will pile up on debt.

That's the reason gamblers are advised not to handle gambling as a source of income because it can make them addicted to the process and therefore lead to the individual spending all their money to stake in different games. After they have lost all their own money, they will be forced to chase losses, which is the most insensible thing to do when the gambler is chasing losses with money that they have acquired through a loan. What sense does it even make when someone is chasing gambling losses with or without their own money? 

A gambler should avoid gambling at all costs when they begin to have the urge to take a loan and gamble. There is no possibility of winning every game, they will definitely lose the whole money and become confused and depressed. 

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April 17, 2024, 11:16:08 PM
 #107

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.
He won't realize that he is addicted to gambling. He will have some reasons about the lose, he won't stop it but will be motivated to play with a higher amount of money. You probably can't stop him yourself, you need to cooperate with his family members. Only his closest people who can help him, he needs the help from his parents, wife, or children.

He can't convince to win although he uses a different way. Sometimes, it is not about the strategy but it is also about the luck and chance. The chance to win is rather small, sometimes we also are unlucky. That's why we don't use big money in gambling.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.
Why he is too confident to play again with loan money?
It is crazy that he gamble with loan money and expect to recover the previous loss. This will be the worse way for him, the loan money will lose also. Then, he also will have a responsibility to return the loan but he has no money. How he will handle this situation?  Huh


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April 17, 2024, 11:18:08 PM
 #108

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

If your friend is stubborn enough to continue playing even if you insist on telling him to stop, then don't waste any more time trying to convince him to do something that is already useless.
In the worst case he will also lose all the money on the loan, in the best case he will be able to recover his losses and say to your face: "I told you... I managed to recover everything" but he will lose it again after a few weeks or months .

Anyway, a sensible person would indeed stop, but for those who don't want to be convinced, the most you can do is advise them without trying to change who they are.

Maybe it's even good if he loses the money from the loan, so he has nowhere else to turn and then who knows, he might look for a worthy way to recover the money from his addiction.

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April 18, 2024, 05:49:43 AM
 #109

This is the worst decision that he has taken, using loaned money to go back to gambling, and with such a mindset, he is likely to lose all of it to gambling, and that's when he will realise he has made a mistake. 
 
Your friend needs help; he is addicted to gambling, but you might not know. His family is in a financial crisis, yet he chooses to play with money that could be used for other things, and when things go sideways, they will suffer together, not just him.
In my opinion, he decided to use borrowed money to gamble because he was already addicted and he himself had run out of capital to gamble, all the money he had had been used for gambling, and this was caused by an addiction that could not be controlled, so when he Having run out of all the money he had, he thought of a way to get money so he could gamble again, and yes, borrowing money was one way, but actions like this were not right. Because it will only make the situation worse.
It's very bad when a family is in a financial crisis but one of the members only thinks about gambling, what you say is true, when he only thinks about gambling there is a possibility that they could suffer together, with him being addicted, in my opinion it only adds to the problem, not produces a solution. a way out of his financial crisis.

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April 18, 2024, 05:59:11 AM
 #110

When we experience a loss, especially a fairly large loss, it is true what you said that the first step we must take is to withdraw from the game to take a break from the activity and think seriously about dealing with what happened. Because it is possible that the defeat we experienced was caused by our own carelessness without realizing it. Gambling is full of thrill and excitement, so someone could unknowingly lose a lot of money in just one time. So the next step we have to take is to find a solution to overcome this error. Namely by increasing our knowledge and skills in the type of gambling we play to maximize the possibilities in each game, as well as improving the way we manage money and implementing limits regarding the amount of money used. issued for gambling. And being able to use our loss experiences as lessons for the future.

It seems to me that you don’t need to be a genius to look around and understand that most gamblers are always at a loss and only very rare lucky ones win the jackpot. It is no less easy to see that those who go to work and work there receive at least a salary that allows them to cover many of their vital needs. I say this because his friend understands everything perfectly, but as long as he has a choice between gambling and ordinary life where he has to work, he will choose gambling. But at some point life will force him to make a different choice  Grin
Losing money in gambling is normal thing, but doesn't that have to be considered between living needs, savings and also expenses for fun like gambling, they will have crappy life if they can't consider all of that.
Moreover, the attitude of responsible gambler is to be able to control himself, just like when he just experiences defeat or loses money that he feels is too big, he must be able to stop and forget all his losses so that he doesn't have to think about recovering them.
After all, working to earn money is not only to fulfill the desire for satisfaction in pleasure but to be able to support much more decent life in the future, especially when have truly built family because the family priority is everything.
It just that I admit that everything will come back to their mindset, if they can't think well and determine the right steps then bad impacts will definitely occur, they have to be in certain conditions first for some people to be able to think well.

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April 18, 2024, 12:44:04 PM
 #111

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
He is mistaken, there is no change of pattern or anything like that that can make someone win after losing other than the RTP that slot games have where you get a percentage of what you have lost back but it doesn't mean you won't lose, and keep winning. A lot of gamblers feel like they have understood some pattern or something and now they can conquer the casino by winning a lot of money but the result stays the same at the end of the day, and they come out with a frown face after losing everything again.

I know people who used to have the same thoughts about certain games in gambling, they used to see the previous results of the game displayed while you were playing, and they used to make their bets based on them, and coincidentally, some of their bets worked out, and they thought they have got a pattern for winning until they lost everything again to realize that none of these things are true and can make someone win.

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April 18, 2024, 01:53:50 PM
 #112

The solutions or advices that you give to your friend will likely be ignored after he gets the loan.
I dont think anyone can stop him to gamble again with that money.
But the important thing is that you have told him, and hopefully he can win with that money.
If he loses again, then he will realize that what you said is true and it will be a very hard lesson for him which is sometimes necessary in such conditions.
Sometimes some persons are not willing to take advice until they have learnt the hard way then they will get to understand and sometimes even regret why they didn't take the advice given them earlier because they have been hit by the repercaution of their attitude of not taking advice as at when given them, maybe that time they will be willing to quit and seek for help but then if they had not been hit by such and have to learn the hard way then they will most definitely not get to the point where they will understand they had to have listened and not do that which they have done which have cost them a whole lot already as he will by then be struggling to pay of the debt he has incurred.

If he gambles and win then he's lucky a d my actually get to be able to pay off his debt and recover but then if he loose i think he going to learn and at that point he's going to be the one to even advice himself without needing anyone to advice him.

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April 18, 2024, 05:06:50 PM
 #113

Additionally, if we are going to consider the risk involved, i don't think such should even be regarded as a strategy, instead a stupidity, from the first place, taking loan is not a good idea for starting a business and not to talk of using it for gambling purpose, with this kind of decisions, so many gamblers have be thrown into divers categories of troubles at the cause and there is no how they can see gambling as fun anymore with this than frustration because they are busy running after what they may not be able to achieve with the loan taken.
Yes of course that is nonsense. How can someone with his right senses borrow money because gambling something you don't know how it will happen. It doesn't make any sense. Gamble your games with what you have and leave to come another day. If you loss what you have that day then it means that that day was not your day. You luck is not good in that day so you have to go home and think of another day with a new methods because probably the methods you used were not favourable. I have seen an addicted gambler who gambled all the money he has and borrowed money from business people to gamble and still loss all and pay back the loan. Is that not stupid? If you are taking loan to achieve something then it is a good loan and not foe gambling.
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April 20, 2024, 05:48:32 AM
 #114

Taking loan to be use as a bankroll to win back his losses will further result to more losses if he fails, that's really a risky move. We have different strategies or things we do when losing money for instance I would stop for a mean time to calm down myself and not to try to win back the losses I've done and play again once I accept that it's already lost.
You once said that each of us has their own strategy after losing in gambling, so there you go. That's what his strategy but indeed that it was only inappropriate, so he must refrain from doing that. Meanwhile, your strategy looks better than him but I think this is not easy especially if we still have a balance left in our stash, so I salute you with that. So many times I've failed to be like that and that causes me tons of regrets.

I am still learning and right now I am trying to stop playing gambling and just save the excess money I have because I also have plans for it once it grow huge. I don't want to let gambling ruin these small achievements of mine again.

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April 20, 2024, 06:24:04 AM
 #115

I have even cried and I have to move forward, because losing money like that is difficult, I have lost more than what I have won, I cannot say that I have won big, what I have won the most has been 25usd and that is the equivalent so that I don't retire from the game at once.
Normally, we cry when we've worked hard the money that we used to gamble. And upon losing it, it's not just about losing the money but also losing all of the times that we've spent for earning that money and that's why we become emotionally which is normal when we realize at the end how we lost a lot even if the amount we gambled is small for the others. No effort can be par with that amount when it includes our time, effort, energy and attention.
We are supposed to gamble using our extra money, not our hard-earned money. Indeed, it was too emotional because we thought already that we would win. We feel disappointed because we overthink that having this xxx amount will become x2 (or more).
In order to avoid this, then makes a decision to just spare money for gambling, a separate budget for personal/family budget. And most of all, we have to stop assuming to win because this is gambling and we just rely on luck. There is no need to cry because we choose to gamble and we choose this life, not the decision of others.

R


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April 20, 2024, 06:44:06 AM
 #116


Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Decision to gamble again with loan money to maintain balance is definitely a wrong decision for your friend as he should take more time for financial stability. First of all he should give more importance to his family so he should try to find a reliable source of income. The advice you give to your friend is definitely timely as addiction becomes a curse. In this situation you need to stand by his side and turn him away from gambling addiction or else he may go further towards destruction.

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April 20, 2024, 06:51:36 AM
 #117

I have even cried and I have to move forward, because losing money like that is difficult, I have lost more than what I have won, I cannot say that I have won big, what I have won the most has been 25usd and that is the equivalent so that I don't retire from the game at once.
Normally, we cry when we've worked hard the money that we used to gamble. And upon losing it, it's not just about losing the money but also losing all of the times that we've spent for earning that money and that's why we become emotionally which is normal when we realize at the end how we lost a lot even if the amount we gambled is small for the others. No effort can be par with that amount when it includes our time, effort, energy and attention.
It is normal when we feel sad because we have lost the money we earned from work to gambling. But that is the risk that we have to understand, so when gambling, we have to be careful in how we use our money. We cannot use a lot of money, especially since the money is our salary to gamble because there is a risk of losing the money.

We should have allocated funds for gambling and always try not to use a lot of money for gambling. After all, gambling is just for entertainment and not something serious for us. We also don't need to gamble too often to avoid excessive use of money.

When we appreciate the money we get from our work, we will definitely feel sorry for using it to gamble. This will make us always be careful when using money for gambling.

.
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April 20, 2024, 07:11:25 AM
 #118

~Snip~

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
This is pure addiction and where most gamblers fails is having this mentality of playing more in other to recover previous losses, this mentality have led to so many gamblers losing even more than they would have lost if they stopped chasing losses.
Severally we have discussed on the effect of taking a loan to gamble because if you lose you will be faced with the trauma of your loss and the outstanding debts I have gotten yourself into , it can even make someone go crazy especially when your loan is due.

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April 20, 2024, 08:47:58 AM
 #119

...

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

I am afraid your friend does not understand how truly the algorithm of those casinos and gambling sites truly work, and he is just trying to cope with reality and the fact he lost that much money. I don't know him, (obviously) but in my opinion it is fair to say he al already a victim of gambling addiction, because he has already caused financial harm to himself and his family and cannot yet realize the magnitude of the consequences of his actions.

Anyone with a minimum of experience with casinos (either online casinos or brick and mortar ones) will tell you how those games are designed not to follow any predictable pattern as he claims.
You have already done much by giving honest advice to your friend, but I am afraid that is not always enough to make someone to wake up and realize those mistakes. He may need the help of a professional at this pace if he continues to recklessly gamble instead working.

It is a very sad situation. I sincerely hope he can turn his situation around for good ...

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April 20, 2024, 08:51:28 AM
 #120

After losing in gambling? Nothing else except try to forget it, I know it it hard to do but it is better than forcing ourselves to recover what we have lost. Getting a loan is fine if it is used for daily needs but getting a loan to gambling again is false especially if we have no solid source of income that can cover the loan on time. The most important thing is not about strategy after losing, but strategy before gambling which is about how we need to do in all possible result when we are gambling.

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April 20, 2024, 09:12:16 AM
 #121

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
First we have to gamble by accepting that we can lose money and gain money by gambling. Since this is an eternal truth, we must accept this eternal truth and then decide to gamble. Gambling can lead to loss of money and should be thought of beforehand and should not be gambled with full money. For example, if I have one dollar in total, one dollar cannot be used in one step to gamble, but one dollar must be divided into several parts and then gambled. By gambling in this way, it will be seen that if our gambling strategy is wrong in any case, we can gamble again with another part of the share. To me this is the correct solution to this issue.

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April 20, 2024, 09:12:55 AM
 #122


Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
When someone has started to experience addiction then no matter how hard you try to give advice it will still be very difficult to accept because their thoughts have been clouded with the ambition that they want to recover losses by continuing to gamble at all cost s.

This is obviously going to be very difficult to deal with because in the end it depends on the person themselves whether they will become sober or not since it has to be based on first realizing and accepting that their actions were a mistake before they can improve their life and try something new .
But as long as he is not aware of his mistake and is only focused on his ambition for gambling winnings then it will not be prevented because in the end it comes down to intention and we will not be able to suggest anything about it .

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April 20, 2024, 09:14:40 AM
 #123

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Your friend needs to be saved because he has taken a very wrong decision. It's the same as destroying his future because indirectly he has become an irresponsible gambler, he has started to get addicted to gambling so he has the ambition to take revenge in any way, especially since he has gambled with borrowed money. Of course this is a bad thing that must be stopped immediately.

I have a friend who was a former gambling addict but now he is in prison for a criminal robbery at a clothing store. The robbery started when he gambled and went into debt here and there, making it difficult for him to pay the debt, which made him stressed, in the end he committed a robbery to pay the debt, but unfortunately he was caught by the police and ended up in prison. If you cannot control yourself, it is better for you to stay away from gambling because the impact of gambling is very bad for those who do not gamble responsibly.

R


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April 20, 2024, 09:22:35 AM
 #124

This is pure addiction and where most gamblers fails is having this mentality of playing more in other to recover previous losses, this mentality have led to so many gamblers losing even more than they would have lost if they stopped chasing losses.
Severally we have discussed on the effect of taking a loan to gamble because if you lose you will be faced with the trauma of your loss and the outstanding debts I have gotten yourself into , it can even make someone go crazy especially when your loan is due.
It's a vicious cycle, and even though it's a widely discussed matter, a great number of gamblers fall into the mentality of trying to recoup their losses. Anyone who's not addicted and has a clear state of mind can acknowledge  that 9 times out of 10, leads to nowhere but more debt. This is one thing, taking a loan to satisfy your gambling urges is something unacceptable and it's bound to have a negative outcome. Eventually, OP's friend will lose all the loaned money and go further in debt.

In such cases, drastic measures are required, such as blocking access to gambling websites or even the internet, not allowing them to have money in hand, informing a relative or someone close and taking them to a professional to seek assistance.

R


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April 20, 2024, 09:25:05 AM
 #125

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Your friend needs to be saved because he has taken a very wrong decision. It's the same as destroying his future because indirectly he has become an irresponsible gambler, he has started to get addicted to gambling so he has the ambition to take revenge in any way, especially since he has gambled with borrowed money. Of course this is a bad thing that must be stopped immediately.

I have a friend who was a former gambling addict but now he is in prison for a criminal robbery at a clothing store. The robbery started when he gambled and went into debt here and there, making it difficult for him to pay the debt, which made him stressed, in the end he committed a robbery to pay the debt, but unfortunately he was caught by the police and ended up in prison. If you cannot control yourself, it is better for you to stay away from gambling because the impact of gambling is very bad for those who do not gamble responsibly.
Losing money in gambling is not something we need to take urgent decision immediately for one to recover the fund back. It has to take sometimes so that we can wait a little and try to relax before going back to gambling. We can also make huge amount of money in gambling and we need to follow the same path when we lose it win in gambling. If we don't relax for a while before going to gamble when we win huge amount of money, we could lose everything immediately if we are not so conscious of our emotions. Emotion can make us want to win more bets and by so doing that, we might end up losing big in the market without knowing what us wrong.

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April 20, 2024, 10:49:18 AM
 #126

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

I don't think gambling is the only way to make money. If you want to earn money, you have to find some other honest way to earn money. Gambling is haram, an illegal game. No one can ever profit from gambling. However, it turns out that for a while, some gamblers become very profitable. Actually this money, wealth does not last above 40 years. Gambling is like a house of cards. It can be seen that some people turn into banana trees overnight, while others become destitute in the blink of an eye.

I don't think he will ever profit from investing in gambling again. And of course, gambling investing with loans should never be done. In this he will not be able to repay the previous debt and he will not be able to repay the new debt. This will increase his debt.

I think his family will slowly face more terrible danger. He should stop now.



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April 20, 2024, 01:28:30 PM
 #127

I don't think gambling is the only way to make money. If you want to earn money, you have to find some other honest way to earn money. Gambling is haram, an illegal game. No one can ever profit from gambling. However, it turns out that for a while, some gamblers become very profitable. Actually this money, wealth does not last above 40 years. Gambling is like a house of cards. It can be seen that some people turn into banana trees overnight, while others become destitute in the blink of an eye.
If you think gambling is haram then anything that you earn from gambling is haram too, it's not necessary someone need to gamble his money to be said related to gambling. Tongue

There's no such gambling money can't last above 40 years, most likely they're use all of their money for gambling instead of invest to multiply their capital and only gamble for small amount of money.

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April 20, 2024, 01:28:40 PM
 #128

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Your friend needs to be saved because he has taken a very wrong decision. It's the same as destroying his future because indirectly he has become an irresponsible gambler, he has started to get addicted to gambling so he has the ambition to take revenge in any way, especially since he has gambled with borrowed money. Of course this is a bad thing that must be stopped immediately.

I have a friend who was a former gambling addict but now he is in prison for a criminal robbery at a clothing store. The robbery started when he gambled and went into debt here and there, making it difficult for him to pay the debt, which made him stressed, in the end he committed a robbery to pay the debt, but unfortunately he was caught by the police and ended up in prison. If you cannot control yourself, it is better for you to stay away from gambling because the impact of gambling is very bad for those who do not gamble responsibly.
Yes, it's indeed the wrong path to gamble. Pay the loan, get yourself a fresh start by getting a job, or use that loan to get a job and then pay it immediately to avoid interest rates growing. This is why I don't like having credit cards, we humans have the habit of abusing them because we know we can pay for them through that plastic card so we abuse them and keep on buying even if we don't need them. Little did we know the interest rates are there that will hurt us in the future.
Creating our own ways to make money so that we can gamble is better, that way we won't regret too much if we lose it because those are hard-earned money that will not have any interest. All we need is to work again if we want to gamble more after we deplete the funds that we used from our salary.

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April 20, 2024, 04:18:42 PM
 #129

I don't think gambling is the only way to make money. If you want to earn money, you have to find some other honest way to earn money. Gambling is haram, an illegal game. No one can ever profit from gambling. However, it turns out that for a while, some gamblers become very profitable. Actually this money, wealth does not last above 40 years. Gambling is like a house of cards. It can be seen that some people turn into banana trees overnight, while others become destitute in the blink of an eye.
No money last forever because money is meant to be spent. Profit made from gambling it is either you use it well or misuse it, the same with the money you make from your work. No money last forever, the only way you can only gain access to money except you invest . Their is nothing bad about playing gambling just that people misunderstand gambling and plays it the wrong way.

Gambling is just a game of luck. It is only bad when people plays irresponsibly. Gambling is not bad but people plays it in the wrong way that can affect their finance,  emotion and this is as a result of greed and lack of understanding.

R


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April 20, 2024, 04:23:34 PM
 #130

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Your friend needs to be saved because he has taken a very wrong decision. It's the same as destroying his future because indirectly he has become an irresponsible gambler, he has started to get addicted to gambling so he has the ambition to take revenge in any way, especially since he has gambled with borrowed money. Of course this is a bad thing that must be stopped immediately.

I have a friend who was a former gambling addict but now he is in prison for a criminal robbery at a clothing store. The robbery started when he gambled and went into debt here and there, making it difficult for him to pay the debt, which made him stressed, in the end he committed a robbery to pay the debt, but unfortunately he was caught by the police and ended up in prison. If you cannot control yourself, it is better for you to stay away from gambling because the impact of gambling is very bad for those who do not gamble responsibly.
Losing money in gambling is not something we need to take urgent decision immediately for one to recover the fund back. It has to take sometimes so that we can wait a little and try to relax before going back to gambling. We can also make huge amount of money in gambling and we need to follow the same path when we lose it win in gambling. If we don't relax for a while before going to gamble when we win huge amount of money, we could lose everything immediately if we are not so conscious of our emotions. Emotion can make us want to win more bets and by so doing that, we might end up losing big in the market without knowing what us wrong.
The rate of gambler that would take the relaxation way out of a loss is very small to the minimal and that's because it's not easy, it's almost as if all the adrenaline in your body has been released and your emotions will be all over the play except you actually calm yourself and start to think straight. When the loses starts coming, there are emotions all over and that's what temporary clouds the judgement and whenever their is wrong decision and judgement the gambler tend to lose on every try no matter how hard the person try.

R


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hyudien
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April 20, 2024, 05:29:47 PM
 #131

Losing money in gambling is not something we need to take urgent decision immediately for one to recover the fund back. It has to take sometimes so that we can wait a little and try to relax before going back to gambling. We can also make huge amount of money in gambling and we need to follow the same path when we lose it win in gambling. If we don't relax for a while before going to gamble when we win huge amount of money, we could lose everything immediately if we are not so conscious of our emotions. Emotion can make us want to win more bets and by so doing that, we might end up losing big in the market without knowing what us wrong.
In addition, the loss of money in gambling is something that is certain to happen and has become a natural thing, because it is something that cannot be avoided, behind gambling there is certainly a bookie who plays the role of host, and those who play the role of host who want many gamblers to lose or lose money because that way they can get profit, and indeed the purpose of the host is to seek profit. There is no way they as the host want to lose, of course they are also looking for profit and from the many defeats experienced by gamblers that is the profit.
Emotion or greed will arise when we have thoughts that are not true, such as wanting to get more than what has been obtained. That's the kind of thinking that will lead us into trouble. Also, there are many people who experience big losses in gambling because they easily follow the thoughts that actually have to be thought about or considered first.

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April 20, 2024, 05:39:36 PM
 #132

Losing money in gambling is not something we need to take urgent decision immediately for one to recover the fund back. It has to take sometimes so that we can wait a little and try to relax before going back to gambling. We can also make huge amount of money in gambling and we need to follow the same path when we lose it win in gambling. If we don't relax for a while before going to gamble when we win huge amount of money, we could lose everything immediately if we are not so conscious of our emotions. Emotion can make us want to win more bets and by so doing that, we might end up losing big in the market without knowing what us wrong.
In addition, the loss of money in gambling is something that is certain to happen and has become a natural thing, because it is something that cannot be avoided, behind gambling there is certainly a bookie who plays the role of host, and those who play the role of host who want many gamblers to lose or lose money because that way they can get profit, and indeed the purpose of the host is to seek profit. There is no way they as the host want to lose, of course they are also looking for profit and from the many defeats experienced by gamblers that is the profit.
Emotion or greed will arise when we have thoughts that are not true, such as wanting to get more than what has been obtained. That's the kind of thinking that will lead us into trouble. Also, there are many people who experience big losses in gambling because they easily follow the thoughts that actually have to be thought about or considered first.
Losing money in gambling is really that a natural thing on which if you are someone whose really that too optimistic towards gambling and winning then you are just that basically putting up yourself on such situation on which you would really be having that kind of positive approach towards it on which you will really be having those kind of positivity but on the time that you would be losing money then everything would really be changing up on point on which it would really be better that you should really know on how to make out those realizations that this is something that will really be giving out that kind of preparedness in gambling
Losing is inevitable and if you are someone whose really not that good when it comes to emotional aspect then you would really be ended up on having that kind of wrong perpcetions or feeling about it.
When losing money then it would really be always best that you should really be stopping yourself on directly on point and would really be neither having a break or completely stop for a while.
Dont let that impulsive conditions that will be able to control you out.

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April 20, 2024, 06:00:08 PM
 #133


Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
That's the mistake many individuals fail to avoid, you don't ho into gambling with loan money and to make everything  he went on to chase his lose. He forgot that it his lack of good strategy and luck that made him lose to I expect him to quit for a while and restrategise then try again with a spare cash but too bad he decide to choose the wrong option of recovering his lost money and i hope this choice of his doesn't lead him to become an addicted gambler.

 The earlier your friend realise his mistake and quit taking loans to gamble the better for him and as his friend you should try your very best to help him from becoming an addicted gambler because it's obvious that if not properly convinced of taking loans to gamble he could end up doing worst maybe selling his valuable items or even stealing. So it's best to help him realise this now it's early.

R


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Rabata
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April 20, 2024, 06:07:05 PM
 #134

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
When a gambler tries to earn money through gambling, he finds it much easier to earn on gambling platforms than any other platform. Both good and bad can happen if a gambler tries to gamble with borrowed money after losing his own money. Gambling loans should never be taken because at any time the gambler is unable to repay the money and can face huge losses. However, there are many gamblers who can repay their gambling debts with borrowed money and recover their losses. I'm not encouraging any gambler but I do know of some gamblers who have won huge fortunes from gambling with borrowed money. It will not be the same for everyone. If the gambler is not addicted then paying off the loan is not a problem. Again, after losing gambling, it is usually difficult to repay the money by working.

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April 20, 2024, 06:22:24 PM
 #135

The gambling is the game with both the possibility,but most of us fail to understand the possibility of losing in the gambling.So if the gambler get into the gambling,in the behalf he had agreed to lose the capital on their bad luck.Some new gamblers most feel this way of thinking after the loss in the gambling,but the experienced gamblers will ready to move on,because they know with their knowledge he can make the big money in some day.One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.

I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling.Which was the cause for the many high risk to get into the complete loss.But he clarify me,he had loss the money because he had follow the same betting strategy with the changing algorithm of the gambling site.From his experience,I had learned we should not follow the same betting style for the changing algorithm.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

A wise man/woman would assess what caused them to lose - if it was mere variance in a round of poker, but over many previous games they have been a long term winner, then you sometimes have to accept a loss and evaluate where you think the weakness was in your play. If you were playing on casino games, like slots for example, then you should get comfortable with losing because it's going to happen again and again. There's probably more chance of you getting a ride to the international space station than there is you winning a life changing sum from these sort of casino games, the odds are so far stacked against you and it's designed to slowly drain every cent that you deposit.

R


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April 20, 2024, 06:44:11 PM
 #136

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
When a gambler tries to earn money through gambling, he finds it much easier to earn on gambling platforms than any other platform. Both good and bad can happen if a gambler tries to gamble with borrowed money after losing his own money. Gambling loans should never be taken because at any time the gambler is unable to repay the money and can face huge losses. However, there are many gamblers who can repay their gambling debts with borrowed money and recover their losses. I'm not encouraging any gambler but I do know of some gamblers who have won huge fortunes from gambling with borrowed money. It will not be the same for everyone. If the gambler is not addicted then paying off the loan is not a problem. Again, after losing gambling, it is usually difficult to repay the money by working.
When a gambler tries to make money through loans and gambling, of course this will be very risky when they experience a loss which will make it difficult for them to pay off the debt they lent and it would be better for them to use money that they can afford to lose. so that they don't have problems when they lose when they gamble and when they can win then they can enjoy the winnings they have got, if you say they gamble with their borrowed money then of course many of them will experience a gambling addiction to do so. loans and continuing gambling and I think this really depends on the gambling that the person is doing and if they cannot gamble well of course they will still lose their money in the gambling that they do.

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April 20, 2024, 07:12:14 PM
 #137

One if my friends had loss nearly 2000$ in the gambling,because of his loss even his family suffered a lot in financially.Even his family not able to afford to pay their rent for their house for the few months.
This is what gambling addiction can lead to, excessive loss and more detrimentally it affected his family so much. I'm always very bitter when gambling addiction affects others, like it looks to me like  some innocent people  paying for the sins they never committed and most times these gamblers are very unrepentant which means that there's possibility that it  repeats itself.

Quote
I had suggested my friend to quit gambling and I had feel that he totally get addicted to the gambling
I would advise him to do the same specifically because it worked for me during my addiction days. At a point it was clear that I was running mad with my addiction to the extent that I don't think of any other thing apart from the casino. Always there and never letting go. I had to be honest with myself and cut off every involvement with gambling for at least 3 years. This worked for me and helped me maintain my sanity and fix my addiction problems.

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Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
Your friend really needs help at this point, he no longer living on the realities of life, instead he lives on the imagination that he would attain perfection in gambling and grow above loses. From my experience he's heading for a bigger blow from his addiction if he doesn't retrace his steps early enough

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April 20, 2024, 07:39:16 PM
 #138

In my personal case, I feel okay losing while gambling. Unlike many people who use large amounts of money to participate in gambling, I just accept that money can always be lost and I will not feel miserable. But I also admit that I have also taken risks and received good results, but I always understand the risks if it does not go as expected. So before thinking about winning, understand that failure will also follow us, and for me gambling is just a form of relaxation.

But suppose if I fell into a bad situation, I would still hope that I was smart enough to stop everything before things got worse. I have seen family members get into debt. Immersed in stress, I hope that I and everyone else will be aware of my behavior.









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April 20, 2024, 09:10:57 PM
 #139

OP, it is a priority to understand that you are going to lose most of the time, it is a mathematical question, the key is to keep your funds as close to breakeven, so that when the variance goes in your favor, you would manage those profits.

The mistake is that many players, like the case you mention, want to turn those 2,000 into 10,000 in a couple of bets or a couple of hours.  The player who understands losses as game strategies knows that if he loses 2000, he must have the effect of losing a "$1," e.g., If not, he is betting out of the bankroll.

Many players without betting are already losing because they do not have the slightest idea of financial management, or how to manage a bet size correctly per game, per odds, bankroll, etc.

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April 20, 2024, 09:21:41 PM
 #140

What is there to actually do again when someone loses their money than to play a cool head and remove your mind from that area for me relaxing the mind is the next possible action and also accepting the fact that I have actually lost the funds would probably make things a whole lot easier for you. Because the moment your mind is fixed on that particular funds then you will find it difficult to let go and that can even call for more loses.
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April 20, 2024, 09:25:27 PM
 #141

My strategy ? Close the browser , close the app , forget about gambling and move on because if you don't do this , you will have the temptation to chase your loses and that can do a lot more damage to your pocket than usual as I know this on myself lately where I've gambled just a bit from my bills money and that was a huge mistake that I will never ever repeat again and that's why I no longer have access on my bills money and my parents will remotely pay for me.

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April 20, 2024, 09:33:47 PM
 #142

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

I don't think gambling is the only way to make money. If you want to earn money, you have to find some other honest way to earn money. Gambling is haram, an illegal game. No one can ever profit from gambling. However, it turns out that for a while, some gamblers become very profitable. Actually this money, wealth does not last above 40 years. Gambling is like a house of cards. It can be seen that some people turn into banana trees overnight, while others become destitute in the blink of an eye.

I don't think he will ever profit from investing in gambling again. And of course, gambling investing with loans should never be done. In this he will not be able to repay the previous debt and he will not be able to repay the new debt. This will increase his debt.

I think his family will slowly face more terrible danger. He should stop now.
That's how a person with  gambling addiction end up blinded with his wrong perception and motivation in life. He will realized in the end that gambling is not the answer to his problem, but an effective way to worsen his current problem.

Probably for now, he might think that he can easily recover his previous losses if he'll get lucky with his bets, but once he will experience consistent losses again that will used up all his loaned money, I guess by that time there is no backing out, and eventually ruin all his remaining money in gambling. Until he gets back into his proper thinking that there is no way who can take advantage with gambling, but everyone can be totally taken advantage by the gambling casinos.

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April 21, 2024, 05:53:45 AM
 #143

Exactly! OP's friend shows being an irresponsible gambler because he used loan money just to get back all the money that he have loss in gambling which is not advisable because we all know what will going to happen if we do that kind of strategy, You will become addicted and being in a huge debt. No matter how many advise we give to them, OP's friend will never listen because seems like he is decided on the things that he will going to do.
Losing huge amounts of money while gambling is quite painful. This is one of the major reasons why people often comment staking what you can afford to lose. This is because losing huge amounts of money often comes with a great deal of emotional stress which is obviously something a gambler should try as much as possible to avoid. At the point of having huge loss, in my opinion the best option is to kindly pause the entire gambling activities instead of continuing to stake which can even add up to additional losses if you eventually end up losing. Gambling is a supposed fun activity and not a die hard one therefore a responsible gambler should be mindful of how much they put into making bets and stakes.

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April 22, 2024, 02:50:51 PM
 #144

My strategy ? Close the browser , close the app , forget about gambling and move on because if you don't do this , you will have the temptation to chase your loses and that can do a lot more damage to your pocket than usual as I know this on myself lately where I've gambled just a bit from my bills money and that was a huge mistake that I will never ever repeat again and that's why I no longer have access on my bills money and my parents will remotely pay for me.
Well, I apply that thing about closing and not playing for a while, more than anything in trading and gaming, when I play I always look at my options, if I continue playing when I know I won't have the opportunity, I don't insist, sometimes I even feel that I am going to lose, so in the face of these things we have to see very carefully what opportunities we can have , I am very given to things being able to turn out in favor of sports betting because I have more luck there, in this order of ideas, the Things with sports betting change the face of any player because there are more possibilities of winning, well that's how I see it, but at the moment of losing I think it's time for one to close, forget what happened and with that it's time to reflect on why we failed and why we continue so insistently in this, that is what one must reach a level of relaxation so that one can correct where one went wrong.


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April 22, 2024, 03:04:21 PM
 #145

My strategy ? Close the browser , close the app , forget about gambling and move on because if you don't do this , you will have the temptation to chase your loses and that can do a lot more damage to your pocket than usual as I know this on myself lately where I've gambled just a bit from my bills money and that was a huge mistake that I will never ever repeat again and that's why I no longer have access on my bills money and my parents will remotely pay for me.
I love that. That's the best decision we will make after losing loads of amount in gambling. Take a break, it's free.
You did the right thing there, avoiding jeopardizing the money that is meant for something important. Give it to someone else where you will have no access to it anymore and family is the best choice as they can be trusted to do the right thing.
In my case, I give it all to my wife and let her make the payments for the bills when the time comes because if I have that money, I am sure I will go gambling and might test my luck. The losing percentage is just way higher than winning so it's best if the important money is kept hidden or out of your hands and then just leave the amount that you are ready to lose so when it's all gone you will have no other choice but to take the rest. Also, this obliges us to be careful on our bets because we realize we are near ending our gambling days we make the safest bets.

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April 22, 2024, 04:34:29 PM
 #146

Exactly! OP's friend shows being an irresponsible gambler because he used loan money just to get back all the money that he have loss in gambling which is not advisable because we all know what will going to happen if we do that kind of strategy, You will become addicted and being in a huge debt. No matter how many advise we give to them, OP's friend will never listen because seems like he is decided on the things that he will going to do.
Losing huge amounts of money while gambling is quite painful. This is one of the major reasons why people often comment staking what you can afford to lose. This is because losing huge amounts of money often comes with a great deal of emotional stress which is obviously something a gambler should try as much as possible to avoid. At the point of having huge loss, in my opinion the best option is to kindly pause the entire gambling activities instead of continuing to stake which can even add up to additional losses if you eventually end up losing. Gambling is a supposed fun activity and not a die hard one therefore a responsible gambler should be mindful of how much they put into making bets and stakes.

Yes it is true that however and in any case losing money is a very painful situation, and this is why we have to be someone who is wise in making every decision, I understand that deciding to get involved in gambling is not a wise decision because no matter how good your self-control is in gambling still you will not be able to completely avoid the name of loss, This means that all typical gamblers have the possibility of losing but maybe in different amounts but at least with you having a good plan that leads to many precautions in gambling then you will not experience a too significant amount of loss and this is why we always recommend to be a responsible gambler which as you said by only risking the amount of money that we can afford to be responsible for.

It is clear that losing money, especially a significant amount, can make it difficult for a person to ignore their emotions, and it has been proven that most gamblers can't help it and instead vent their emotions by betting in a more aggressive manner based on desperation and hopes of recovery. This means that if you do not want to experience a significant amount of loss then you must first understand what to do that will be useful to minimize the amount of loss, which is to only bet the amount you can afford to lose because with this amount, it is less likely for you to experience emotions and also less likely for you to experience a large amount of loss because there is no dominating emotion.

Yes that's right, when we lose then yes it's best to draw the line as soon as possible or stop and rest, this is highly recommended to calm yourself and prevent you from some impulsive decisions that can make the situation worse, and the point is that we must understand that the possibility of losing will always haunt us in every gambling session.

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April 22, 2024, 04:58:13 PM
 #147

Exactly! OP's friend shows being an irresponsible gambler because he used loan money just to get back all the money that he have loss in gambling which is not advisable because we all know what will going to happen if we do that kind of strategy, You will become addicted and being in a huge debt. No matter how many advise we give to them, OP's friend will never listen because seems like he is decided on the things that he will going to do.
Losing huge amounts of money while gambling is quite painful. This is one of the major reasons why people often comment staking what you can afford to lose. This is because losing huge amounts of money often comes with a great deal of emotional stress which is obviously something a gambler should try as much as possible to avoid. At the point of having huge loss, in my opinion the best option is to kindly pause the entire gambling activities instead of continuing to stake which can even add up to additional losses if you eventually end up losing. Gambling is a supposed fun activity and not a die hard one therefore a responsible gambler should be mindful of how much they put into making bets and stakes.
People that feel gambling is a die hard activity are those people that don't gamble for fun but for a different reason. If not I don't know why anyone would want to kill himself that it is a most for him to make profit from gambling. Gamble is something that one should not take that serious but only for the fun, and nothing more.

Gambling is something that one must do with caution to avoid excessive losses, which cannot be won back. This is why only the amount of money that you can afford to lose is what every gamble should use to gamble so that he can be happy and enjoy the fun in gambling.

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April 22, 2024, 05:21:31 PM
 #148

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.
His main goal right now should be to repay this loan as faster as possible, without delaying a second, in order to not accumulate further interest rates to be paid or fines. Besides that, he shouldn't risk money anymore. Keep the borrowed money to repay the loan, while working on regular jobs, as you said, to compensate the interest rates he is in debt to the bank.

Another alternative would be to use the borrowed money to invest in something he can make quick money, without the risks gambling involves. It still involves some risks, though. So every investments must be very well calculated before executed. Especially regards how long it's going to take to recover the initial investment. If it's going to take a long time, I fear it's not worthful, because it will impact over the loan's payback.

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April 22, 2024, 05:33:09 PM
 #149

His main goal right now should be to repay this loan as faster as possible, without delaying a second, in order to not accumulate further interest rates to be paid or fines. Besides that, he shouldn't risk money anymore. Keep the borrowed money to repay the loan, while working on regular jobs, as you said, to compensate the interest rates he is in debt to the bank.

Another alternative would be to use the borrowed money to invest in something he can make quick money, without the risks gambling involves. It still involves some risks, though. So every investments must be very well calculated before executed. Especially regards how long it's going to take to recover the initial investment. If it's going to take a long time, I fear it's not worthful, because it will impact over the loan's payback.
Investing in this case is extremely dangerous, because to pay interest on the debt you will need to have a good income, but you will not be able to earn a lot from it constantly, because investing is like a pendulum, and no one knows where we will end up, but I would assume the worst case scenario. What if, having invested part of the money, we lose, and thus interest and loss will be borne by us. It will be almost impossible to crawl out of such a bottom, and even if it is possible, I wouldn’t wish my enemy to be in such a situation. I would exclude this investment option, even if they tell me that the chance of income is high, I am not ready to take that risk. It’s better to find a real job and part-time work, but it will be hard, but we have a salary, and stability in paying off debt is the most important thing.

R


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April 22, 2024, 05:39:33 PM
 #150

My strategy ? Close the browser , close the app , forget about gambling and move on because if you don't do this , you will have the temptation to chase your loses and that can do a lot more damage to your pocket than usual as I know this on myself lately where I've gambled just a bit from my bills money and that was a huge mistake that I will never ever repeat again and that's why I no longer have access on my bills money and my parents will remotely pay for me.

Nice advice, many make huge losses on their gambling experience all because they couldn't help the situation to manage and meet up to the expectations, the more they make the attempts the higher the incidence of loss on what they are using to stake on bets, we cannot chase after loss in gambling, we only needs to try our best and accept the fate on each day performance in other to prepare for another, not that we should be running after loss.

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April 22, 2024, 05:57:14 PM
 #151

My strategy ? Close the browser , close the app , forget about gambling and move on because if you don't do this , you will have the temptation to chase your loses and that can do a lot more damage to your pocket than usual as I know this on myself lately where I've gambled just a bit from my bills money and that was a huge mistake that I will never ever repeat again and that's why I no longer have access on my bills money and my parents will remotely pay for me.

Nice advice, many make huge losses on their gambling experience all because they couldn't help the situation to manage and meet up to the expectations, the more they make the attempts the higher the incidence of loss on what they are using to stake on bets, we cannot chase after loss in gambling, we only needs to try our best and accept the fate on each day performance in other to prepare for another, not that we should be running after loss.

It is indeed better to close the site and find an alternative worthwhile activity if you are already on the losing end. It is not advisable to take a loan and continue playing for the hope of recovering your losses. The likelihood of losing more is always high. Because do remember, you are in gambling, where the chance of winning is slim especially if you are devoting yourself to luck-based games.

As mentioned by boltz above, he realized his mistake of gambling his money for his bills. That is good, because he is still aware of his wrongdoing and promised to himself not to do it again. But if you are in the stage of not worrying about losing money, which is supposedly for important matters, it means, you maybe are already heading to addiction stage and that is for you to address immediately.

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April 22, 2024, 05:59:24 PM
 #152

People that feel gambling is a die hard activity are those people that don't gamble for fun but for a different reason. If not I don't know why anyone would want to kill himself that it is a most for him to make profit from gambling. Gamble is something that one should not take that serious but only for the fun, and nothing more.

Gambling is something that one must do with caution to avoid excessive losses, which cannot be won back. This is why only the amount of money that you can afford to lose is what every gamble should use to gamble so that he can be happy and enjoy the fun in gambling.
Gambling can be a fun way to spend leisure time. It can be a fun activity to spend time with friends or add some excitement to watching a game, but the key is finding the right balance between fun and hope for profit. Some people enjoy it as a casual activity. They are able to focus on the entertainment and social aspects. People who gamble for fun focus on the entertainment and social aspects. They set limits and gamble with what they can afford to lose.

Other people might be more strategic, treating it as a hobby or even a potential source of income, which the worst way to engage in gambling. It can never be a reliable way to make money. The house always has an edge, and chasing losses can lead to financial problems. Having a big win shouldn't be a big prestige, because it's just a luck game, but Losses are big shame, because of losing money for nothing. this applies for people who engage in  gambling for profit.

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April 22, 2024, 07:33:26 PM
 #153

My strategy ? Close the browser , close the app , forget about gambling and move on because if you don't do this , you will have the temptation to chase your loses and that can do a lot more damage to your pocket than usual as I know this on myself lately where I've gambled just a bit from my bills money and that was a huge mistake that I will never ever repeat again and that's why I no longer have access on my bills money and my parents will remotely pay for me.

Best strategy ever. Wish more people knew it Wink
It's usually best to take a few days off, sleep on it and decide with a cool head. Also, gambling can be a burden when you don't have a constant inflow of money. When you lose a lot of money, but know next month there's going to be a bunch of money in your bank account (the way Dana White lost his money) you're not going to panic or get depressed. Make sure when you gamble you also have nice income to back you up.

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

Wise words, since it's very easy to earn something when you have nothing. In such case every penny matters Wink
I'm joking of course because he's trying to sugarcoat the fact that he fucked up and lost.

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April 22, 2024, 10:37:52 PM
 #154

Losing huge amounts of money while gambling is quite painful. This is one of the major reasons why people often comment staking what you can afford to lose. This is because losing huge amounts of money often comes with a great deal of emotional stress which is obviously something a gambler should try as much as possible to avoid. At the point of having huge loss, in my opinion the best option is to kindly pause the entire gambling activities instead of continuing to stake which can even add up to additional losses if you eventually end up losing. Gambling is a supposed fun activity and not a die hard one therefore a responsible gambler should be mindful of how much they put into making bets and stakes.
Gambling is risky, I won't say it again. There's presence of high stakes, it involves other gamblers money and we should be extremely careful when dealing with the system. Gambling is never an easy target for most of the gamblers out here. Losing huge figures will only make way for unpredictable outcome in the space. Every gambler have their styles they implement in the system, it's been up and downs for most of them but they still survived and continue striving for better results.



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April 22, 2024, 11:03:59 PM
 #155

This is usually the toughest moment of most gambler's life, some may believe that the best strategy at this point would be to keep pressing and playing, increasing your stakes and making them even higher, so you can get back those losses, which often what sends them into a ditch.

There are times that you just have to realize that it's not just your day and just walk away without looking back, cut your losses and hope for better results another day, this is actually the best strategy when you experience an unpredictable and unimaginable losses in gambling.
There's really no point trying to get back all the money you've lost because you'll end up losing even more than you imagined.

So the best strategy at the point is, just like someone on the thread said, turn of the browser, walk away and look for something else to do with your time, rather using it to chase your losses.

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April 23, 2024, 02:20:31 AM
 #156

My strategy ? Close the browser , close the app , forget about gambling and move on because if you don't do this , you will have the temptation to chase your loses and that can do a lot more damage to your pocket than usual as I know this on myself lately where I've gambled just a bit from my bills money and that was a huge mistake that I will never ever repeat again and that's why I no longer have access on my bills money and my parents will remotely pay for me.
It is that simple, sometimes I see gamblers asking for self-exclusion features, help from their friends to monitor them all the time so they cannot gamble and many different other measures that are just skirting around the real problem.

If a person wants to stop gambling, whether this is just temporary or in a permanent fashion, the only person they can rely to do this is themselves, and if they cannot do so then it will not be long until they develop some gambling problems, or at least lose way more money than what they can afford.

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April 23, 2024, 04:26:42 AM
 #157

The same as when I win. Keep playing the same, what matters are the long term results, not having won or lost a single day. What does happen is that after many negative sessions in a row, what is known as a bad streak can affect you psychologically and you can start to make worse decisions because of it. If so it is better to play less and study the game more.

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April 23, 2024, 05:06:12 AM
 #158

The same as when I win. Keep playing the same, what matters are the long term results, not having won or lost a single day. What does happen is that after many negative sessions in a row, what is known as a bad streak can affect you psychologically and you can start to make worse decisions because of it. If so it is better to play less and study the game more.
That's the obvious thing but the long-term results will almost always be negative when it comes to gambling, you're going to suffer more losses rather than enjoying more wins unless you did win early on in your gambling huge amounts of money that it's enough to fizzle out the differences that you've had in terms of losses. I don't know about bad streaks though, most of the time, some people have a hard time quitting because they're chasing their losses which ends in misery because bad streak makes you emotional and when you get emotional, it messes up your game especially if you're playing something that needs skills, being emotional is a bane.

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Westinhome (OP)
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April 23, 2024, 10:16:11 PM
 #159

OP, it is a priority to understand that you are going to lose most of the time, it is a mathematical question, the key is to keep your funds as close to breakeven, so that when the variance goes in your favor, you would manage those profits.

The mistake is that many players, like the case you mention, want to turn those 2,000 into 10,000 in a couple of bets or a couple of hours.  The player who understands losses as game strategies knows that if he loses 2000, he must have the effect of losing a "$1," e.g., If not, he is betting out of the bankroll.

Many players without betting are already losing because they do not have the slightest idea of financial management, or how to manage a bet size correctly per game, per odds, bankroll, etc.

The gambling was the unpredictable one,even we play the gambling with the tactics.But we don’t know when our tactics will bring us the money.If we get the money from the gambling tactics means,it was the good one.But if the gamblers loss the money,he should take the responsibility of the money involved.But the mostly of the gamblers start to scold the gambling site after the loss in their gambling games.The gamblers including my friend want to multiple 2k to 3x or 5x of the betting money.So the multiple the winning doesn’t affect the gamblers.But if my friend had loss of the loan money would leads to huge credit burden to him.

The same as when I win. Keep playing the same, what matters are the long term results, not having won or lost a single day. What does happen is that after many negative sessions in a row, what is known as a bad streak can affect you psychologically and you can start to make worse decisions because of it. If so it is better to play less and study the game more.

The gambler make this blunder,it doesn’t mean he is experienced or the beginning gambler.After make the big unexpected result from the game,the gambler will create the fake trust on him.Like he had huge potential to make the big winning from the gambling site.But we don’t know what the exact result after the big winning in the gambling site.If everyone can make the big money from the gambling site,why not all the big shots multiple their money in the gambling sites.The gamblers based on the luck.The gambler who loss should accept the loss, the revenge gambling leads to the loss.
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April 24, 2024, 03:39:08 AM
 #160

Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

Gambling with your last penny is risky, but gambling with borrowed money is even worse and should absolutely be avoided. The purpose of gambling is to provide enjoyment, not to create financial burdens. It’s important not to attribute to gambling more power than its intended function,  to be a source of entertainment.

My strategy ? Close the browser , close the app , forget about gambling and move on because if you don't do this , you will have the temptation to chase your loses and that can do a lot more damage to your pocket than usual as I know this on myself lately where I've gambled just a bit from my bills money and that was a huge mistake that I will never ever repeat again and that's why I no longer have access on my bills money and my parents will remotely pay for me.
I love that. That's the best decision we will make after losing loads of amount in gambling. Take a break, it's free.
You did the right thing there, avoiding jeopardizing the money that is meant for something important. Give it to someone else where you will have no access to it anymore and family is the best choice as they can be trusted to do the right thing.
In my case, I give it all to my wife and let her make the payments for the bills when the time comes because if I have that money, I am sure I will go gambling and might test my luck. The losing percentage is just way higher than winning so it's best if the important money is kept hidden or out of your hands and then just leave the amount that you are ready to lose so when it's all gone you will have no other choice but to take the rest. Also, this obliges us to be careful on our bets because we realize we are near ending our gambling days we make the safest bets.

This is really sound advice from both of you. If a person can't recognize when it's time to step back, it might be wise to rely on friends or family who can intervene in time.

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April 24, 2024, 04:04:09 AM
 #161

Now, that is something very stupid: getting a loan to use in gambling, especially if he is not expecting any income that could cover the loan in case of loss. Your friend dug his own pit by doing that. The worst thing is, his family is also affected by his decision. If he loses and does it again, either your friend is extremely addicted or needs some help from an expert because he is ill. Algo? lol, he can't catch it; by the time he realizes it, the algorithm might have changed again.
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April 24, 2024, 04:28:04 AM
 #162

The same as when I win. Keep playing the same, what matters are the long term results, not having won or lost a single day. What does happen is that after many negative sessions in a row, what is known as a bad streak can affect you psychologically and you can start to make worse decisions because of it. If so it is better to play less and study the game more.
That's the obvious thing but the long-term results will almost always be negative when it comes to gambling, you're going to suffer more losses rather than enjoying more wins unless you did win early on in your gambling huge amounts of money that it's enough to fizzle out the differences that you've had in terms of losses. I don't know about bad streaks though, most of the time, some people have a hard time quitting because they're chasing their losses which ends in misery because bad streak makes you emotional and when you get emotional, it messes up your game especially if you're playing something that needs skills, being emotional is a bane.

It's true, it's quite difficult or even impossible to achieve or maintain a greater number of wins than losses if we talk about the long term in gambling, very few gamblers can actually do it and also from the concept of gambling itself it is clear that the percentage Losses are much bigger than wins, while on the other hand, gambling can also really make someone trapped in their emotions at certain times which usually makes them experience quite significant losses.

On the other hand, as you said, the only way to get a win that is much bigger than the loss is that we have to really have very good luck by managing to win a large amount at the start of the involvement before we allocate too much. money but I think it cannot be controlled because after all luck is gray, it cannot be predicted when it will come. And even if you are very lucky, sometimes it is difficult to really refrain from doing another experiment another day because of curiosity, because in some cases they usually end up implementing their greed based on high beliefs and hopes and I think we have all know how bad the impact can be if a gambler is greedy.

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April 24, 2024, 07:28:45 AM
 #163

Now, that is something very stupid: getting a loan to use in gambling, especially if he is not expecting any income that could cover the loan in case of loss. Your friend dug his own pit by doing that. The worst thing is, his family is also affected by his decision. If he loses and does it again, either your friend is extremely addicted or needs some help from an expert because he is ill. Algo? lol, he can't catch it; by the time he realizes it, the algorithm might have changed again.
It is also not advisable to take out a loan to fulfill the desire to gamble, right you say it is a stupid act, because it will only make it difficult for yourself, especially if we do not have a clear income to cover the loan. In fact, I think that when we have an income, it is not advisable to prioritize gambling. With people who take out loans to use for gambling, I think they are too desperate to gamble even though they shouldn't, because it is an act that has gone beyond the normal limits.
It's obvious that if someone borrows money for gambling it will affect their family, a family that doesn't know anything can be affected by unwise decisions like this. I also think that when they borrow money to gamble they are already too involved in gambling that they don't think about the big bad impact that can affect not only themselves.

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April 24, 2024, 07:56:36 AM
 #164

Now, that is something very stupid: getting a loan to use in gambling, especially if he is not expecting any income that could cover the loan in case of loss. Your friend dug his own pit by doing that. The worst thing is, his family is also affected by his decision. If he loses and does it again, either your friend is extremely addicted or needs some help from an expert because he is ill. Algo? lol, he can't catch it; by the time he realizes it, the algorithm might have changed again.

Of all the things that one can take loans for, gambling is the most ridiculous of them all, you will possibly lose that loan again and end up in more debt.

The problem with people is they  don't know when to stop, if you have no clue about how dangerous gambling can be to your mental health you can take the blind step but after you start losing over and over shouldn't that be a full stop time?

The thing is many people have high expectations from gambling, since there is a lucky bed living close to them or they stumbled on a news online about a poor guy who turned rich because he risk some money and win very big, they will instantly start looking up to such glory day as well.

What they don't understand is that we are all different, what mike did that turned him into a millionaire I can do it and turn into a homeless person, people like walking in the shadows of their fellow men, they always like to copy, I believe that I am different and no one should try to copy my ways or they will fall short of their own fated glories.

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April 24, 2024, 08:27:08 AM
 #165

Now, that is something very stupid: getting a loan to use in gambling, especially if he is not expecting any income that could cover the loan in case of loss. Your friend dug his own pit by doing that. The worst thing is, his family is also affected by his decision. If he loses and does it again, either your friend is extremely addicted or needs some help from an expert because he is ill. Algo? lol, he can't catch it; by the time he realizes it, the algorithm might have changed again.
It seems that there are people who still use and borrow for gambling, we just realize that for investment it is also not allowed to use borrowed money, while someone does it for gambling, isn't that the most ridiculous thing I can hear this time, he doesn't know how to manage money and it seems like he is an unemployed person who hopes to get a miracle when he plays.

This kind of stupidity needs to be eradicated, I agree with you that it is better to be taken to a psychiatrist or whatever it is to deal with the addiction problem, advice alone will not be useful for the addict, the person will only stop when he is not in good health, because when he is healthy he only thinks about gambling, to fulfill his lust. There are too many people like this so that gambling becomes a bad activity and is seen as a gathering of stupid people, even though it is not the gambling but the people who do gambling themselves.

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April 24, 2024, 08:42:23 AM
 #166

Now, that is something very stupid: getting a loan to use in gambling, especially if he is not expecting any income that could cover the loan in case of loss. Your friend dug his own pit by doing that. The worst thing is, his family is also affected by his decision. If he loses and does it again, either your friend is extremely addicted or needs some help from an expert because he is ill. Algo? lol, he can't catch it; by the time he realizes it, the algorithm might have changed again.
Trying to gamble again after losing, of course this is because it is very difficult for us to control ourselves in gambling activities and looking for loans to be able to fulfill their gambling desires, of course this will be very risky if they cannot pay off the loans they have made and for them Those who have gambled like that, of course, are very addicted to gambling and will use various methods to fulfill their gambling desires, which of course will be very detrimental to themselves.

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April 24, 2024, 09:11:13 AM
 #167

edited
Trying to gamble again after losing, of course this is because it is very difficult for us to control ourselves in gambling activities and looking for loans to be able to fulfill their gambling desires, of course this will be very risky if they cannot pay off the loans they have made and for them Those who have gambled like that, of course, are very addicted to gambling and will use various methods to fulfill their gambling desires, which of course will be very detrimental to themselves.
After a loss, the urge to gamble may increase and the tendencies to become more destructive. As a result, his tendency to win more chases and tries to borrow from anywhere. This is basically what gambling addiction is all about. He should understand that he can lose again. Losing tendencies make him end all at once which is by no means desirable.

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April 24, 2024, 09:14:19 AM
 #168

Now, that is something very stupid: getting a loan to use in gambling, especially if he is not expecting any income that could cover the loan in case of loss. Your friend dug his own pit by doing that. The worst thing is, his family is also affected by his decision. If he loses and does it again, either your friend is extremely addicted or needs some help from an expert because he is ill. Algo? lol, he can't catch it; by the time he realizes it, the algorithm might have changed again.
Even if it is someone expecting from an income, it doesn't still look healthy and advisable for a gambler to seek for loan just to further his gambling after initial lost.
Why not just go home and think about something else with life aside the lost? The friends act is really the dividends of when gambling with what is not affordable to loose.

Let it be clear known that once a gambler is under pressure of his lost, further of his predictions could even go worse that he can not even make a 10% right predictions because he is assumed to be frustrated and unstable to analyse the game before staking.

Also understand that second chance does not presume that we are chance to win after first lost so, that guy is really going psycho and need to be attended to as if he keep up with such at some points, surely that he would go out of control just as said.

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April 24, 2024, 09:27:05 AM
 #169

edited
Trying to gamble again after losing, of course this is because it is very difficult for us to control ourselves in gambling activities and looking for loans to be able to fulfill their gambling desires, of course this will be very risky if they cannot pay off the loans they have made and for them Those who have gambled like that, of course, are very addicted to gambling and will use various methods to fulfill their gambling desires, which of course will be very detrimental to themselves.

After a loss, the urge to gamble may increase and the tendencies to become more destructive. As a result, his tendency to win more chases and tries to borrow from anywhere. This is basically what gambling addiction is all about. He should understand that he can lose again. Losing tendencies make him end all at once which is by no means desirable.

Exactly! having a gambling losses may leads to a person to gamble more because the urge of wanting to recover their losses is at peak point of their emotions especially if that person is suffering to a gambling addiction. Those gamblers should know how to pause for a while, control their emotions and assess theirself before doing a decision to gamble again because the possibility of loss is there.



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April 24, 2024, 09:49:26 AM
 #170

edited
Trying to gamble again after losing, of course this is because it is very difficult for us to control ourselves in gambling activities and looking for loans to be able to fulfill their gambling desires, of course this will be very risky if they cannot pay off the loans they have made and for them Those who have gambled like that, of course, are very addicted to gambling and will use various methods to fulfill their gambling desires, which of course will be very detrimental to themselves.

After a loss, the urge to gamble may increase and the tendencies to become more destructive. As a result, his tendency to win more chases and tries to borrow from anywhere. This is basically what gambling addiction is all about. He should understand that he can lose again. Losing tendencies make him end all at once which is by no means desirable.

Exactly! having a gambling losses may leads to a person to gamble more because the urge of wanting to recover their losses is at peak point of their emotions especially if that person is suffering to a gambling addiction. Those gamblers should know how to pause for a while, control their emotions and assess theirself before doing a decision to gamble again because the possibility of loss is there.

And the result they lose a lot more instead of gaining that's why these people feel more devastated since they lost a lot of money for those mistake they made. People should need to know how to figure out some certain scenarios that favor to them or not since if they can figure out that something is not good at the time they are betting for sure they can minimize their losses and can avoid to get more aggressive feeling and be stress for not good reason. Also they can asses that they are lucky and continue to gamble then earn, once they are done they can safely take out their profit then quit. Although this is not easy as we thought to execute but constant experience to deal with this situation and have good discipline on everything we do also we are consistent on our plans set before we gamble then everything can run as smooth as we plan on our daily gambling activities.

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April 24, 2024, 11:33:03 AM
 #171

I can't say how other gamblers react after losing a bet, but in my case, after losing a bet, I try very hard to prevent myself from becoming completely addicted to gambling. Especially after I lost a gambling bet, I was comforted by my girlfriend and at some point I was able to control myself completely. Once I bet $500 Even though the dollars were borrowed from my girlfriend but after losing the bet I shared the story of losing the bet to my girlfriend and my girlfriend consoled me a lot and we went for a long drive. Now my girlfriend forbids me from gambling a lot and I try to be in control myself.

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April 24, 2024, 12:32:21 PM
 #172

edited
Trying to gamble again after losing, of course this is because it is very difficult for us to control ourselves in gambling activities and looking for loans to be able to fulfill their gambling desires, of course this will be very risky if they cannot pay off the loans they have made and for them Those who have gambled like that, of course, are very addicted to gambling and will use various methods to fulfill their gambling desires, which of course will be very detrimental to themselves.

After a loss, the urge to gamble may increase and the tendencies to become more destructive. As a result, his tendency to win more chases and tries to borrow from anywhere. This is basically what gambling addiction is all about. He should understand that he can lose again. Losing tendencies make him end all at once which is by no means desirable.

Exactly! having a gambling losses may leads to a person to gamble more because the urge of wanting to recover their losses is at peak point of their emotions especially if that person is suffering to a gambling addiction. Those gamblers should know how to pause for a while, control their emotions and assess theirself before doing a decision to gamble again because the possibility of loss is there.
On the time that you would really experiencing loses then you would really be definitely be having that main thing into your mind on which you would really be definitely chasing up your loses and trying out to break even. This is why on the time that you do lose all of your bankroll on that particular day then it would really be best that you should really be stopping completely before things becomes worst and this is why it would really be important because if you are really that do have a hard time on stopping then better to make yourself that be distracted via doing other things like physical activities or other things on which it would really be able to make yourself not to play even more because if you do find yourself having that kind of urge then you would be totally that be a huge challenge for you to have such control.
We do know that this is something that will really be basing or depending on a certain individual because each does have that different level of control and tolerance when it comes this kind of situation.

R


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April 24, 2024, 01:00:25 PM
 #173

~~
Now he had decided to start the gambling again with the loan money to balance the previous loss of 2000$.What is your opinion on this,I had suggested him to go to the regular job to reduce the loan in step by step to reduce the loan burden.But he had word of “We can earn,Where we had loss everything “.Share your opinion on this.

Upon reading this sentence gave me quite pain to read because your friend made another mistake by having a loan just to play another gambling, not all people have safe faith and result in playing could be he will be the one who is in the higher percentage of people who lose most of their games. It's quite hard to help those people if they keep the urge to play at the end of yours do your best if you can but if possible don't tolerate their gambling. Make them realize the reality there's no instant money.

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April 24, 2024, 04:02:46 PM
 #174

I can't say how other gamblers react after losing a bet, but in my case, after losing a bet, I try very hard to prevent myself from becoming completely addicted to gambling. Especially after I lost a gambling bet, I was comforted by my girlfriend and at some point I was able to control myself completely. Once I bet $500 Even though the dollars were borrowed from my girlfriend but after losing the bet I shared the story of losing the bet to my girlfriend and my girlfriend consoled me a lot and we went for a long drive. Now my girlfriend forbids me from gambling a lot and I try to be in control myself.
You are lucky that you are supported in this way, because I have heard many stories about how in such cases many people prefer to simply leave the person because they think that there is no way to help him and this will continue forever. Don't give your girlfriend a reason to think about you the same way. Usually, when a player places a big bet and loses, and then says he won't do it again, it happens again, no matter what, years later. However, in my case, I did not have this, I made a large bet a long time ago and after that I experienced such a fear of losing this amount that I did not repeat it again after many years. I'd rather continue to make small bets that won't damage my wallet.

R


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April 29, 2024, 02:25:12 AM
 #175

I can't say how other gamblers react after losing a bet, but in my case, after losing a bet, I try very hard to prevent myself from becoming completely addicted to gambling. Especially after I lost a gambling bet, I was comforted by my girlfriend and at some point I was able to control myself completely. Once I bet $500 Even though the dollars were borrowed from my girlfriend but after losing the bet I shared the story of losing the bet to my girlfriend and my girlfriend consoled me a lot and we went for a long drive. Now my girlfriend forbids me from gambling a lot and I try to be in control myself.
You are lucky that you are supported in this way, because I have heard many stories about how in such cases many people prefer to simply leave the person because they think that there is no way to help him and this will continue forever. Don't give your girlfriend a reason to think about you the same way. Usually, when a player places a big bet and loses, and then says he won't do it again, it happens again, no matter what, years later. However, in my case, I did not have this, I made a large bet a long time ago and after that I experienced such a fear of losing this amount that I did not repeat it again after many years. I'd rather continue to make small bets that won't damage my wallet.
We cannot really blame those which choose to leave, as it is often the case that they do all what they can to help their loved one to try to overcome their addiction, and after years of the same pattern repeating over and over again, they just give up believing there is no way to help them.

Sometimes that is exactly what a person needs in order to realize that they are losing everything due to their addiction, but the opposite can also happen, in which the addicted losses all hope once they are left behind by those that supported them so far.

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April 29, 2024, 02:47:04 AM
 #176

My strategy ? Close the browser , close the app , forget about gambling and move on because if you don't do this , you will have the temptation to chase your loses and that can do a lot more damage to your pocket than usual as I know this on myself lately where I've gambled just a bit from my bills money and that was a huge mistake that I will never ever repeat again and that's why I no longer have access on my bills money and my parents will remotely pay for me.
It is that simple, sometimes I see gamblers asking for self-exclusion features, help from their friends to monitor them all the time so they cannot gamble and many different other measures that are just skirting around the real problem.

If a person wants to stop gambling, whether this is just temporary or in a permanent fashion, the only person they can rely to do this is themselves, and if they cannot do so then it will not be long until they develop some gambling problems, or at least lose way more money than what they can afford.

Gamblers who seek for a trusted person to watch over his gambling activity is also helping himself not to get compulsive. Players are more adapted to going for help and handling the gambling limitations themselves. These actions depends on the personality, how they're able to deal with their own problem. Not everyone in life have dealt with their problems alone, without asking for help. Some people can't stay alone, because they may not be able to finish all their tasks alone. Same happen with gamblers.

Those who feel they need a close friend to regulate their gambling actions should do it, provided that it yields results. For instance a player is meant to stop when in losses, but if he's not eligible or capable, he needs someone to help him stop. Else he'll remain in those losses for long and suffer more anxiety for a long period. Players with this strategy, when done well, are doing the right thing for themselves. People who can deal with it alone, and are sure it's attainable, can as well look into handling their troubles alone. Gamblers should know their capabilities.

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April 29, 2024, 02:52:53 AM
 #177

Now, that is something very stupid: getting a loan to use in gambling, especially if he is not expecting any income that could cover the loan in case of loss. Your friend dug his own pit by doing that. The worst thing is, his family is also affected by his decision. If he loses and does it again, either your friend is extremely addicted or needs some help from an expert because he is ill. Algo? lol, he can't catch it; by the time he realizes it, the algorithm might have changed again.

Anyone who believes they can decipher the gambling algorithm is either a delusional person or just addicted who can't control their gambling urges. He'd be very very lucky if he can multiply that loan amount and be able to pay back the loan before it's due, but in most cases, even if he'd win early, chances are he'd going to lose it eventually anyway. It is too rare for a person who got hooked up with gambling to stop at some point where they win good amount or let's say he doubled his money, because that won't still gonna be enough. So, yeah he's digging his own grave right there without him noticing it as he might have held on to the thoughts that he'd beat the casino as he gain some uncertain information regarding the gambling algorithm.

R


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