After losing the money in gambling,what is your strategy

[Ruttoshi]

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.

[Doan9269]

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.

[Sanitough]

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.

[coin-investor]

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.

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.

[joeperry]

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.

[Don Pedro Dinero]

<...> 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.

[michellee]

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.

[dansus021]

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

[Assface16678]

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.

[Alphakilo]

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.

[YOSHIE]

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.

[hyudien]

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.

[Crypt0Gore]

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.

[Jawhead999]

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.

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.

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.

[_act_]

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.

[macson]

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.

[panjul07]

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).

[Twentyonepaylots]

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.

[Stepstowealth]

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.

[Cantsay]

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.