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Author Topic: Why do people lose in gambling and still go ahead and bet more?  (Read 1338 times)
Orpichukwu
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May 10, 2024, 02:58:42 AM
 #101


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.
One of the major common problems with gamblers is being to expectant, gambling is a 50/50 game, a game of risk and chance, there's every chances of losing and so are there chances of winning, but they must also remember that the chances of losing are way more higher than that of winning so being too expectant of a win all the time might just mess up one's mental composure just as you've earlier stated.
Again, too much expectations brings disappointment, but when you just play and expect nothing but the fun and the thrill of the game, rather than the outcome of the bet.

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May 10, 2024, 06:49:46 AM
 #102

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?
I don't think it makes sense if their goal in gambling is to keep themselves busy, why not do other things which clearly have a lot more to do and are more useful than gambling. It is very likely that the number of gamblers who continue to put money into gambling even though they have lost are those who gamble with the aim of making money, with a goal like that that makes them not give up even though they have lost and lost money gambling. Incidents like this are no longer strange, because they have happened a lot in my opinion.
Indirectly, in my opinion, they do spend time, but with style. Gambling which is said to have rewards if you are lucky is an attraction for the gamblers who play. In fact, they don't just spend time but also spend money. With those who are rich of course their aim may be for entertainment which can be said to be a waste of time and money, the same is true for those who are poor, the aim of gambling is to make money, and that is the same as spending time and money. . It's just that here the perception is different for the rich and the poor.

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May 10, 2024, 07:05:26 AM
 #103

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.

First of all,  you needs to know that gambling is not a game that is quite easy to stop when you have already been into the system, especially when addicted to it, because their are people out there that thinks that they can't do without gambling, and when it has gotten to that point, just know that is either they are already addicted or they are on the verge of addiction.

Secondly, another thing about gambling is that once you have started gambling, and starts accumulating losses of different sizes, the only thing that would be mostly in your head is how to win back what you have lost, and by doing so, you end up losing more money, because gambling doesn't works like that, when you gamble out of desperation, you will definitely lose more  money, so in essence is that, gambling should be a game for fun, not seeing it as a means of income.

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May 10, 2024, 07:21:42 AM
 #104

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.

In everything that we humans do, there is always hope.

Unfortunately, this hope is been used against gamblers because it is the reason that they keep coming back to gamble more, they have hope in something that is based on luck, no wonder why religion is so against it.

Normally this will not only make many people lose money or even their homes but it will mess with them mentally or possibly spiritually, to have hope in your struggle is different, to have hope in your God is different, but to have hope in thin air is disturbing.

If you are not prepared physically and mentally gambling can ruin you, especially those who strongly believe that the only way they can become who they wanted in thsj life is through gambling, first of all, gambling isn't for everyone, because some people don't even know who they are, they can't control themselves and they don't even trust themselves.

This type of people are much more in numbers, this is why gambling isn't for everyone, you need to know yourself so that you can stop when it is right to stop gambling and so that you can also take your profits when it is good enough, it is not everyone that is this capable.

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May 10, 2024, 07:32:07 AM
 #105

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?
I don't think it makes sense if their goal in gambling is to keep themselves busy, why not do other things which clearly have a lot more to do and are more useful than gambling. It is very likely that the number of gamblers who continue to put money into gambling even though they have lost are those who gamble with the aim of making money, with a goal like that that makes them not give up even though they have lost and lost money gambling. Incidents like this are no longer strange, because they have happened a lot in my opinion.
Indirectly, in my opinion, they do spend time, but with style. Gambling which is said to have rewards if you are lucky is an attraction for the gamblers who play. In fact, they don't just spend time but also spend money. With those who are rich of course their aim may be for entertainment which can be said to be a waste of time and money, the same is true for those who are poor, the aim of gambling is to make money, and that is the same as spending time and money. . It's just that here the perception is different for the rich and the poor.

What I've read on this responses are interesting and some ideas partially not acceptable by me. A player is either rich or poor and not in the middle. In a twinkle of an eye a low roller would turn to a high roller and revolves this way. Players have ups and downs. Some decide not to wager high because it's squarely unacceptable in the technique they implement in gambling. Hence, placing gamblers in a middle position and wondering if they don't have a reason to gamble is confusing.

As these are also gamblers but don't actually belong to no category when talking about the rich and poor players. I think they can decide to behave like the low rollers or high rollers. So, people go ahead with their losses due to a high leakage in the player's self control and emotional strength. Gaming consumes energy like other activities. When a player is tired their brain power wouldn't function accurately. Tired players get to play recklessly, all they want is a win. I watch some who continuously press on the slot buttons nonstop expecting that it makes an impact.

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May 10, 2024, 08:45:56 AM
 #106


Why do people lose in gambling and still go ahead and bet more?

Good question. Now let's base it on your friends scenario/situation. Your friend might have miscalculated the probability of winning against losing. We all know when we gamble, we have a huge chances of losing than winning, correct me if I'm wrong but it's like we have 30% chances of winning out of 100% than losing. So, your friend might still aiming for a goal that could be close to impossible to achieve, like hitting the jackpot in the lottery.
Another thing that let a person get hooked up with gambling is because gambling serves as the outlet to release the stress from every day work. This could somehow help a person emotionally as long as the expenditures are in control. But then again, going back to your friend's scenario, it looks like this isn't what he's aiming for. I suggest you should tell him the probability of winning against losing and that he needs to control his spendings and expect lesser than what he used to be anticipating what he gets from winning.   

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May 10, 2024, 09:07:01 AM
 #107

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.
If playing is not enjoyable anymore then what's the purpose to continue? Unless if he's really after profit with a goal of gaining huge. Because those gamblers who have this desire can't stop even they keep on losing. Just give him advice to just play in moderation because gambling is a game of luck and chances to profit is slim. It's better to gamble and have fun rather than spending money then you'll be tempted to play again because you want to recover the losses.

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May 10, 2024, 10:30:01 AM
 #108

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.
Gratitude buddy! He should show some gratitude and stop the complains, the complains can only mean one thing, and that's that he is greedy and not contented, whereas there a thousand if not millions of gamblers out there that will really make do of that small win your friend is making as profit from his gambling. Not quite a lot of gamblers get lucky to win a cent since this year started.

Your advice to him is not the best, ultimately, gambling is an activity of luck no doubt, but consistency in engaging in it doesn't make for or attract quick luck for bigger wins. The chances could be that while you gamble consistently you still get to experience countless losses while someone else gambling ones a while get luck to hit a jackpot. How unfair that sounds, right Huh But it's the reality of gamble.
I mean gambling is not even a thing that you could make money from, there is a house edge and in theory you should lose money if you keep gambling, doesn't matter even if you win millions of dollars worth of jackpot one day, if you keep gambling with that money eventually you will lose, hence why many withdraw when they win big.

So, if that friend ends up not going bankrupt then he is doing fine and there shouldn't be anything to worry about. I do not earn much from gambling neither, sometimes I get lucky and sometimes I don't but I end up being happy with it. I do not spend all my money here, I spend very little and that gives me some fun, so I consider the money I lost as money spent and not lost, in exchange of getting some fun and entertainment out of all of this instead.

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May 10, 2024, 11:04:14 AM
 #109

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,

What you said to your friend was right, because it looks like he thinks he definitely should win a big amount, it's just a matter of time.

but with the constant betting you might win the amount you've at mind someday. So what are your suggestions towards this.

It's not impossible, but only if that amount is realistic. Like , take me for example. I'm happy with winning $200 with my 20 cents stake. That's my goal so to speak. And I've succeeded in that several times. But if my goal was to win a million, maybe I wouldn't achieve it in my whole life. See? Tell your friend to set realistic goals.

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May 10, 2024, 12:02:42 PM
 #110

First of all,  you needs to know that gambling is not a game that is quite easy to stop when you have already been into the system, especially when addicted to it, because their are people out there that thinks that they can't do without gambling, and when it has gotten to that point, just know that is either they are already addicted or they are on the verge of addiction.

Secondly, another thing about gambling is that once you have started gambling, and starts accumulating losses of different sizes, the only thing that would be mostly in your head is how to win back what you have lost, and by doing so, you end up losing more money, because gambling doesn't works like that, when you gamble out of desperation, you will definitely lose more  money, so in essence is that, gambling should be a game for fun, not seeing it as a means of income.
Especially when you get your first win, that is when you will be encouraged to even want to gamble more, that first win is like a trap, that a lot of people have fallen victim to, you will find it difficult to stop the only thing you can happen is to adjust and avoid gambling always and also try as much as possible to avoid friends that are gamblers because they might just encourage you to gamble more or even gamble whenever you see them gambling and that way you become addicted and every time you will want to gamble either you win or not I won't see has it been reasonable at all.  because gambling is risky, and diving into it too much is dangerous, the better we reduce how we gamble the better for us,  because when you gamble a lot you won't even have money to do relevant things again.

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May 10, 2024, 12:24:21 PM
 #111

No matter how careful you are, you will always lose sometimes because gambling is such a game that sometimes you lose sometimes you win. That one lose does not mean he should stop gambling because there is no way to completely avoid losses and that does not imply that gambling is not profitable. People are making a living off gambling, you just have to figure out a way to remain profitable and also hope for luck that makes the process easier. So, people will continue to lose but if you don't give up, you will win and make decent profit. If you are gambling in such a way that one loss will force you out of gambling, then you are not managing your risk properly.

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May 10, 2024, 12:25:51 PM
 #112

Gambling is a game of luck but it does not mean that you will attain huge profit if you try again and again because with such tries you can also face continuous loss. I think if a person once knows that his loss is more than his win and gambling is just spoiling the worth of his money then he should quit gambling because after this the risk increases more.

For him little win was better but now if he is going to try again and again so not only the success rate increases but the rate of loss also increases. There should be a break from gambling as regular gambling will force you to put huge money as a result of which you will lose all the amounts.



 

 

 

 

 

 


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May 10, 2024, 12:57:35 PM
 #113

Your winning depends on your inputs as what you staked in for the bet and then you received it back as output to what you put already. Meaning he is only gambling according to his risk level and whenever someone wants to winning higher amount he or they needs to bet higher to get what they wants, that is why your friend always win very little amount before he refused to double his betting amount to have good pay out. But guess what, I sincerely love what he is doing currently because that would reduced him from becoming addicted and start wasting money, and again we should know that gambling is a kind of very hard game to play since our winning is not defined or you won't know when your luck could shine and they win huge amount.
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May 10, 2024, 01:10:50 PM
 #114

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.
Why would you say that? What is the guarantee for that happening? This will only make him spend more money on gambling and will probably lose it all again because as you said he has been losing mostly. You should tell him to be moderate with his bets and gambling so that he doesn't lose a lot of money because there is nothing wrong with him trying his luck with a small amount each time but he shouldn't aim for high wins by spending a lot of money.

Gamblers who keep losing constantly need to take a break from gambling and get their minds refreshed, and they should come again after some time and start anew. I know this doesn't change their luck but it will at least take the frustration out of their minds and they might gamble with a more positive mindset and might be able to control their anger and other emotions.

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May 10, 2024, 01:16:15 PM
 #115

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.
If playing is not enjoyable anymore then what's the purpose to continue? Unless if he's really after profit with a goal of gaining huge. Because those gamblers who have this desire can't stop even they keep on losing. Just give him advice to just play in moderation because gambling is a game of luck and chances to profit is slim. It's better to gamble and have fun rather than spending money then you'll be tempted to play again because you want to recover the losses.
Yeah, it's better for him to take a break for a while from gambling so he can thinks clear about his gambling activity before. If he thinks that playing gambling is only gives more losses, he doesn't have to continues his gambling activity after takes a break but he can search for other activities to fills his spare time and still have fun with it. He can't after profit with a goal of gaining huge from gambling because gambling will not gives that money to him easily and he can lose more and more money. That's why when someone feels that he only wastes his money in gambling, he must stops his gambling activity and not playing gambling again. Someone can feels bored playing gambling because of lose that he gets so he will not have to playing gambling anymore. That will be safe for him because he doesn't have to lose money from gambling.

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May 10, 2024, 01:21:43 PM
 #116

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.
Some gamblers just enjoy doing this without thinking about money.
But for the others, I badly say that most of them are in the chase of their losses, and what is in there is that --if they stop gambling, they can't bring back their losses, so they keep on gambling even if they still lose.

This is the nature of gambling and I know everyone is aware of this. Once you get addicted to gambling, it is definitely hard to stop. I can't say all gamblers are addicted but the majority have fallen already in a situation that is difficult to escape. They are not gambling for the sake of taking back their money, not in the way of enjoying themselves.

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May 10, 2024, 01:37:43 PM
 #117

Gambling is a game of luck but it does not mean that you will attain huge profit if you try again and again because with such tries you can also face continuous loss. I think if a person once knows that his loss is more than his win and gambling is just spoiling the worth of his money then he should quit gambling because after this the risk increases more.

For him little win was better but now if he is going to try again and again so not only the success rate increases but the rate of loss also increases. There should be a break from gambling as regular gambling will force you to put huge money as a result of which you will lose all the amounts.
But the provocative ability of gambling is not simple, it not only causes a losing streak or a winning streak and causes mental collapse, it is like a fisherman, always offers very lucrative baits and sometimes it will sacrifice a few small baits to get bigger fish, many people will be vague in the matrix diagram between losing and winning, they only know that the distance of victory is closer than ever and need to make it happen by continuing. Such manipulations that weaken the will become a way for losers to lose more and bet more to withdraw faster.

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May 10, 2024, 01:45:40 PM
 #118

It is an emotional issue. The person who ends up losing more than he should, deep down, knows that he shouldn't bet more than he should and has planned before the start not to bet more than X, but he goes into tilt and tries to chase his losses and ends up losing much more.

It's not impossible, but only if that amount is realistic. Like , take me for example. I'm happy with winning $200 with my 20 cents stake. That's my goal so to speak. And I've succeeded in that several times. But if my goal was to win a million, maybe I wouldn't achieve it in my whole life. See? Tell your friend to set realistic goals.

Man, it's a x1,000. It's like if I bet $10 and win $10,000. I don't know how many times you say that's happened to you but it's got to be very infrequent.

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May 10, 2024, 01:58:32 PM
 #119

No matter how careful you are, you will always lose sometimes because gambling is such a game that sometimes you lose sometimes you win. That one lose does not mean he should stop gambling because there is no way to completely avoid losses and that does not imply that gambling is not profitable. People are making a living off gambling, you just have to figure out a way to remain profitable and also hope for luck that makes the process easier. So, people will continue to lose but if you don't give up, you will win and make decent profit. If you are gambling in such a way that one loss will force you out of gambling, then you are not managing your risk properly.

Obviously, because after all defeat will always be a part that will never be separated in gambling, no matter if for example you are very careful but still the name of defeat will always be a sure thing, and this is why we are always advised to only bet small amounts in gambling which is because the possibility of defeat will always lurk until whenever but with you only betting small amounts then when you lose you will not feel too emotional because you only lose a small amount.

Haha on the other hand I am quite confused about the opinion that you conveyed above my friend, you told me that defeat can never be avoided in gambling but on the other hand you also said something that seemed to encourage and motivate gamblers to keep gambling by telling them to find ways to be able to bring more wins, and I will tell you that whatever method you use in gambling actually all of it will not really affect the results at the end of the session, I will tell you that no matter what method you use in gambling, it will never be able to guarantee victory because only luck can really make someone win while on the other hand anyone can never control luck, and this is why victory is always unknown when it comes, and you also have to understand that there are no long-term benefits in gambling, meaning that you cannot advise someone not to give up because gambling is not something that has any certainty in terms of winning. And another thing from what you said about winning in gambling I see that you are not a gambler.

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May 10, 2024, 02:03:09 PM
 #120

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.
Some gamblers just enjoy doing this without thinking about money.
But for the others, I badly say that most of them are in the chase of their losses, and what is in there is that --if they stop gambling, they can't bring back their losses, so they keep on gambling even if they still lose.

This is the nature of gambling and I know everyone is aware of this. Once you get addicted to gambling, it is definitely hard to stop. I can't say all gamblers are addicted but the majority have fallen already in a situation that is difficult to escape. They are not gambling for the sake of taking back their money, not in the way of enjoying themselves.

Gamblers who are addicts will always give excuses why they do not want to let go of careless gambling. OP's friend  is gambling more because he has never made huge wins before,  what an excuse! When gamblers become too desperate for a particular thing (ofcourse big wins), they begin to make rash decisions like gambling with amounts they can't afford to lose, gambling everyday, going into debts just to gamble and putting in their time and resources into gambling. Being desperate ofcourse leads to addiction and the worrisome part is that these gamblers do not see anything wrong with their actions. There is no point encouraging anyone to gamble constantly so as to make big wins because gambling is all about luck. Big wins can come anytime.

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