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Author Topic: After losing the money in gambling,what is your strategy  (Read 1026 times)
Litzki1990
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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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Ultegra134
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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.

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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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Rockstarguy
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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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stomachgrowls
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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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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.

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 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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