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Author Topic: Why do people lose in gambling and still go ahead and bet more?  (Read 1404 times)
Gozie51
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May 09, 2024, 04:33:57 PM
 #81


To answer your next question, your friend have two choices which are; he should stop gambling or he should continue gambling. If he stops, he will not have to deal with gambling losses again and if he continues to gambling, losses are inevitable.

Haha I understand that you are trying to be straight up with your advise that if you are gambling then expect the loses too. Yes it is right, like if you have fetched ant infested firewood then you should also expect the visit of reptiles Grin. So that is the way gambling is, if you have made up your mind to chase the profit in gambling then you have to also be ready to take the risk of losing because every gambler lose from time to time and also wins when he is lucky. Therefore if you are losing, you don't have to see it as you are the only one who is losing, you have to get your analysis well and you have great fun when you win and also take it the way it comes when you lose.
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May 09, 2024, 05:16:56 PM
 #82

Personal feelings and emotions like frustration and regrets. It could also just be desire of becoming rich or the idea that they just enjoy the experience. It depends on the individual actually; we have our own reasons in the first place of why we are doing something. There are two sides to consider; playing despite of losses because you lost that much and you have to make up for it or continuing to bet because you can afford the amount you've lost.
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.

I wouldn't say the same thing. I doubt that with constant betting we can actually win big someday.
If it were so then everybody would be betting these days in the hope of winning big some or the other day.
Since we already know its just pure luck, we shouldn't pay more focus into it and just casually bet withing our budget.
May be luck shines some day then we can win big otherwise we wouldn't need to stress so much anyway.
Well, betting continuously would basically increase your chance of winning because you are adding attempts to do so however it won't lessen the tendency of losing. The more you bet, the more you'd be exposed to the chance that you'll win but the question is, until when would you be able to do so? What would blow up first, you winning or you losing everything you have?

Yes, with repeated attempts we might win someday but the point is that we shouldn't stress ourselves over winning a lottery.
Doing that, we would just decrease our mental well-being and lose money which will just increase the impact.
This is why maintaining a balance is strictly necessary while gambling.

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May 09, 2024, 07:09:00 PM
 #83

Yes, with repeated attempts we might win someday but the point is that we shouldn't stress ourselves over winning a lottery.
Doing that, we would just decrease our mental well-being and lose money which will just increase the impact.
This is why maintaining a balance is strictly necessary while gambling.
Gambling is that we play against our emotions, and any situations that arise provoke us to commit erroneous actions. If a person is easily angered, then he will succumb to this and it is better for him not to gamble, because he will begin to do things that he did not even know he could do. This even happened to me once, I simply didn’t recognize myself, it was terrible, but now I bet on my bankroll and haven’t lost my temper for several years.

This instability is also called tilt, the main thing is not to fall into it, otherwise it will be very sad for us. I have seen even professional players go on tilt and lose a lot, but they still know that in the long run they will be able to win something and pay off their debts while on tilt. Perhaps some people should even work with a psychologist, this will certainly help.

R


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Aanuoluwatofunmi
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May 09, 2024, 07:16:21 PM
 #84

Many where gambling not because they wanted to make money from gambling, but because they are more interested in having fun through it, they had prefer to spend their time and money gambling and this alone is a great achievement on them without minding if they win  bet or not, such continuation is not because they are doing so to get addicted to gambling, but because they wanted to achieve their maximum goal with having fun.
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May 09, 2024, 07:16:45 PM
 #85

Do you remember that old meme where 2 men dig a tunnel to find gold and one is close but decides to give up because he went so far without finding anything and the other is just starting his tunnel and we don't know if he decides to keep digging until he finds it or if he'll quit like the other guy.

The more you lose, until a certain poinmt you will want to keep playing because you'll feel like each loss gets you closer to the win.

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May 09, 2024, 07:34:06 PM
 #86

Personal feelings and emotions like frustration and regrets. It could also just be desire of becoming rich or the idea that they just enjoy the experience. It depends on the individual actually; we have our own reasons in the first place of why we are doing something. There are two sides to consider; playing despite of losses because you lost that much and you have to make up for it or continuing to bet because you can afford the amount you've lost.
I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.

I wouldn't say the same thing. I doubt that with constant betting we can actually win big someday.
If it were so then everybody would be betting these days in the hope of winning big some or the other day.
Since we already know its just pure luck, we shouldn't pay more focus into it and just casually bet withing our budget.
May be luck shines some day then we can win big otherwise we wouldn't need to stress so much anyway.
Well, betting continuously would basically increase your chance of winning because you are adding attempts to do so however it won't lessen the tendency of losing. The more you bet, the more you'd be exposed to the chance that you'll win but the question is, until when would you be able to do so? What would blow up first, you winning or you losing everything you have?

Yes, with repeated attempts we might win someday but the point is that we shouldn't stress ourselves over winning a lottery.
Doing that, we would just decrease our mental well-being and lose money which will just increase the impact.
This is why maintaining a balance is strictly necessary while gambling.
Control and moderation is everything when it comes to gambling and other sorts of things specially if its really that related on spending up some funds or money towards it, because on the time that you had missed out on doing so then it would really be bringing out that huge disaster into your finances and this is something that you must avoid at all cost. When doing gambling or betting then it would really be that normal that we would really be having that kind of urge since you do know that you can make money with it and its something a very common approach for most people. In the case of op, if he had been telling his friend on having that kind of risks in gambling and having that moderation in spending but still he wont listen then better to let him be, the thing on here is that you didnt lack on making those kind of warnings and cautions in towards it.

People do usually stop on playing gambling or stopping onto something when they do already experience unfortunate conditions but on the time that they arent that experiencing something then
they would really be tending to do those things no matter what or as long they do have money into their pockets on which this is something that you would really be needing up to think up carefully.

R


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Uhwuchukwu53
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May 09, 2024, 07:36:36 PM
 #87

Many where gambling not because they wanted to make money from gambling, but because they are more interested in having fun through it, they had prefer to spend their time and money gambling and this alone is a great achievement on them without minding if they win  bet or not, such continuation is not because they are doing so to get addicted to gambling, but because they wanted to achieve their maximum goal with having fun.

Well the truth is that can't state that every body go for the money aspect but I doubt if majority who engage on gambling will neglect the choice of the money involved in gambling and go because of fun, it's the money that make many engage on gambling even to the point of addiction.

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May 09, 2024, 07:46:10 PM
 #88

I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.

Keep in mind that when you gamble, it's all about taking risks. No one can promise large wins all the time; losing is inevitable and your friend must understand this. To avoid disappointment or frustration, it is essential to lay down realistic expectations.

The first piece of advice to give might be to tell them to set limits, then keep those limits strictly in place. This could be a limit on how long they play, how much money they spend, or how often they gamble. If your friend has clear boundaries, it helps him control his gambling behavior: he won't lose more than he can afford if he sticks with these restrictions. Also ask your friends to find pleasure in other entertainment or activities that take their focus away from gambling. Discovering new interests or participating in social events will reduce the temptation to bet too much.

Getting rid of an addiction to gambling is hard. however, your friend can get over it with appropriate support.

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May 09, 2024, 07:46:27 PM
 #89

Many where gambling not because they wanted to make money from gambling, but because they are more interested in having fun through it, they had prefer to spend their time and money gambling and this alone is a great achievement on them without minding if they win  bet or not, such continuation is not because they are doing so to get addicted to gambling, but because they wanted to achieve their maximum goal with having fun.
However I don't think gamblers that doesn't gamble to be entertained or for money are much because it's hard to hear that someone decided to gamble because he/she want to keep him self busy. Well there might be gamblers like that but I don't think that those set is of gamblers are much. People who gambles for money are many and it's only the rich gamblers that gamblers for entertainment. Many of use on this forum believes that the rich gamblers to be entertained and the poor gambles to make money so, my question is, is it the ones that are not rich and are not poor that gambles just to while away time?

R


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Dewi Aries
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May 09, 2024, 08:09:28 PM
 #90

Many where gambling not because they wanted to make money from gambling, but because they are more interested in having fun through it, they had prefer to spend their time and money gambling and this alone is a great achievement on them without minding if they win  bet or not, such continuation is not because they are doing so to get addicted to gambling, but because they wanted to achieve their maximum goal with having fun.

Yes that may be true, but I think if we compare about whether gambling is more of a place to seek entertainment or a place to seek income I think most of the more gamblers make gambling a place to earn, Although I do not have statistical data that can prove it, from the many cases of downturns that I have found about the number of gamblers who have experienced downturns, I can confirm that more gamblers make gambling a place to earn than just for fun, because logically if for example what they want is only entertainment, it is unlikely that they really want to exchange money just for entertainment, meaning that there is something they are after, namely victory.

But on the other hand yes I also admit that there are some gamblers who do make gambling for fun but I don't really know about whether they have a reasonable reason to be used as a defense or not, but whatever your intentions and goals come to gambling, however it is always recommended to apply caution and vigilance.

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May 09, 2024, 09:43:51 PM
 #91

~
The most dumb thing to give someone is to give them the idea that if they continue gambling they'd win it big at some point. That's how all gamblers fall into that endless loop of an idea that they'd be someday repaid with their continuous gambling. It does happen though, dw, just that it only happens to that 1% (or maybe even less) of gamblers. And it's not even a fair selection really, since rich people would be able to get into that 1% more than an average gambler could.

I'd honestly tell them to do something else, find a hobby or something. Maybe invite him to join me on what I enjoy.

R


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May 09, 2024, 10:31:40 PM
 #92

The reason why people continue playing even when they are only losing is because when they lose they believe that in the next game they will be lucky enough to win and that way, even though they are losing, they continue playing until the money they took to the casino is all gone. . For example, in your friend's case, when he puts in 10$ he plays and loses, he thinks he was very close to winning, he just lost the 10$ because he was unlucky but if he continues playing then he will be lucky in the next game, when the next game and he plays and loses, he thinks again that he needs to play one more time so that in the next game he will be able to win, he will repeat this cycle many times until he runs out of money

and see that everything will get worse if he is lucky enough to win a few times, because in gambling  when a person wins, he becomes more confident that he is invincible, so he thinks that he can win many times, even if he has a cycle of many defeats , she still won't give up because for her, that victory she had in the past, will come to an end again, playing thinking about profit is something very dangerous and should always be avoided, the person who plays a lot thinking about profit ends up very badly. becomes addicted, bankrupt, in debt and sometimes in jail

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May 09, 2024, 11:04:42 PM
 #93

I'd honestly tell them to do something else, find a hobby or something. Maybe invite him to join me on what I enjoy.
I'd also tell the same thing to do other things when they keep on losing or they are not able to think properly anymore because what they have in their mind is to chase and recover their losses.

Despite losing a lot with their bets, they are continuing due to the fact that they think only of a few things. To continue and recover, and the regret of gambling and the money that have lost.

So, for the traders there is a stop loss. With gamblers, there's nothing like that and that's why many chooses to continue.

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May 09, 2024, 11:06:05 PM
 #94

I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.

Most keep gambling because is they actually found it fun and entertaining, expecially those that are financially stable that they don't have to depend on the money they normally win during their gambling sections.

While most continue, because they believe that if they keep on trying one day they Will surly hit the jackpot, which is two ways though it is possible for one to surely a nice jackpot that may change one live for the better, and at same time he or she may just endup getting themselves reckt, due to various losses.

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May 09, 2024, 11:11:56 PM
 #95

~
The most dumb thing to give someone is to give them the idea that if they continue gambling they'd win it big at some point. That's how all gamblers fall into that endless loop of an idea that they'd be someday repaid with their continuous gambling. It does happen though, dw, just that it only happens to that 1% (or maybe even less) of gamblers. And it's not even a fair selection really, since rich people would be able to get into that 1% more than an average gambler could.

I'd honestly tell them to do something else, find a hobby or something. Maybe invite him to join me on what I enjoy.
Plenty gamblers have their perception that the much you gamble the more you get closer to getting that anticipated win that could make your world go round but that's just some lame perspective in anyways a person wanna garnish it. And I oblige to your opinion, getting a more creative idea than gambling to augment could be kinda relieving than anything persistent gambling.
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May 09, 2024, 11:35:21 PM
 #96

Most keep gambling because is they actually found it fun and entertaining, expecially those that are financially stable that they don't have to depend on the money they normally win during their gambling sections.
While most continue, because they believe that if they keep on trying one day they Will surly hit the jackpot, which is two ways though it is possible for one to surely a nice jackpot that may change one live for the better, and at same time he or she may just endup getting themselves reckt, due to various losses.
I agree that people who have no problem with their financial, will continue gambling because it may be fun activities for them. In this condition, they have no reason to stop because they consider it as common habits. But this type of gamblers won't spend excessive money because they gamble only for having fun, they aren't trying to chase certain amount of money from the prizes.

Sure, many gambler will keep gambling because they expect to win a big prize someday (jackpot). This type of gamblers may spend excessive money when they are too optimistic to win it someday. They sometimes becomes aggressive in gambling when they see a successful gambler. Simply, this type of gamblers will easily be influenced when he see people won big prizes from gambling.

Well, we also can't avoid that some people gamble like doing their usual habits. This will never stop because they do it like they do other usual activities in daily life.  Grin



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May 09, 2024, 11:40:51 PM
 #97


I don’t know if you’ve ever been in that scenario where you simply want your money back and don’t want any interest or extra, that may be his case (depending on how much he has lost). Best you can do is advise him that he should take it slow and steady if he wants to continue, and also, gambling shouldn’t be his main source of income.

Of course most gamblers have been in the same shoe and worse part is you expect to regain your loses without extra but if you are lucky to get there, you start looking for same extra that you don't intend to. This is usually the story of gamblers, as to the reason that they lost even deeper. Emotion is the cause of loses, a gambler who is good with controlling his emotion is probably going to get his bets. Playing many times or fewer times won't really matter anything without proper guide to our emotions.

~~~
when they experience defeat there is a possibility that they will not stop, with gambling which usually ends in defeat but they gamble again to win back everything they have lost, sometimes reasoning that the defeat that has occurred is almost a win, so they think they can win. in gambling that they will do again, of course it is not a guarantee that they can win, even though in their gambling they almost won, but that doesn't mean that by gambling again they can win again. This possibility will make them addicted and experience more losses.
Because when someone is addicted, it will be difficult to stop gambling even if losses occur to him, and when he is advised or given advice not to gamble, it is also very difficult for someone who is addicted because basically every addiction will stop when his conscience has the intention. to stop.
So someone who continues to gamble and experiences defeat or losses finds it very difficult to stop because their ego or curiosity is so big that they think they will win.

But then One good solution is to know when to call it quits; to know when you should give up and say your goodbyes. Experienced gamblers know this very well and that’s one way to manage risk. They try to not stake too much that will create a connection to their emotion. And if they ever do, when they see it’s gone, they let it be. Because based on experience, they will only lose more.



 

 

 

 

 

 


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mirakal
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May 09, 2024, 11:59:35 PM
 #98

I've a friend of mine who always complain that ever since he started gambling he haven't won a good amount, instead he'll be winning less money than what he expected but he can't stop. So I'm asking what do you suggest he should do at this case. For me I told him that he should know that gambling it's a game of risk and luck, but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.
Thats because he is an irresponsible gambler that clearly does not understand what gambling is all about. And to be honest, gambling will never be a source of consistent profits and income. It could either be a source of consistent losses for all we know. So he should never see gambling as a means to gain more money, otherwise he will used up all his funds if he stick on that belief.

I suggest he should only gamble with small amount so that minimal losses will not affect him. That way, he will see what is real gambling about, and that is simply to have fun and become entertained, not actually to double or triple your capital.

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Bravut
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May 10, 2024, 02:28:43 AM
 #99

Many where gambling not because they wanted to make money from gambling, but because they are more interested in having fun through it, they had prefer to spend their time and money gambling and this alone is a great achievement on them without minding if they win  bet or not, such continuation is not because they are doing so to get addicted to gambling, but because they wanted to achieve their maximum goal with having fun.

Well the truth is that can't state that every body go for the money aspect but I doubt if majority who engage on gambling will neglect the choice of the money involved in gambling and go because of fun, it's the money that make many engage on gambling even to the point of addiction.

I agree with you Mate.
I do say that wether or not, Majority care about winning alongside the fun most gamblers crave for, it just a remedy used to offset them from thinking about the loses,lol. We can’t deny the fact that we will keep gambling and losing much in the process all because of fun, how??.


For me, I would greatly advise that your friend clearly understand that losing is inevitable as winning is by chance. It up to him to decide and avoid getting wreck in the process of continuation.
If it is sport betting, he should consider improving in his analyzing skill.

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May 10, 2024, 02:50:48 AM
 #100

Because they're addicted and they've got no way to quit, they're so addicted to gambling and chasing losses that it's really difficult for them to be quitting, they only complain to release the tension that they're feeling whenever they lose a lot in gambling, that's not an indicator that they're quitting, kind of like you and everyone that's got a job and you complain on the task at hand but you still do it anyway, that's basically the same thing with this one, there's no way that this friend of yours would ever quit and the only way that they're ever going to quit is when that friend's loved ones do an intervention towards rehabilitating this man. The promise of riches that gambling dangles in front of these poor people is just too attractive to let it go away, that's why it's so alluring to them to not be gambling in the hopes that they would win and would turn their life around but when it comes to chronic gamblers, they've got a hard time coping with the idea of letting go of gambling despite winning big already.



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