Chased loss, got it back and lost everything.

[Viscore]

The best way to gamble is for you to gamble with an amount that you can afford to lose, and also accept the outcome of your bet, so that if you lose you walk home happily, and if you win, you will be satisfied with whatever amount that you won either big or small.

No real gambler would be happy going home with a loss. I mean, at least most of us because even though we can say that gambling is just for fun but the challenge of winning is still there. Personally, I consider gambling as a challenge, because I don't waste money on it, i learned it, study on how to win. However, currently, I have nothing to be proud of as I haven't reach my target yet which is to be profitable, but one day, I will be one of the few that will prove to the world that making money in gambling consistently is possible.

[GideonGono]

It happened to me a couple of times before, my reason for not stopping after I recovered what I loss is that, it just feel that I wasted my time if I wouldn't get a profit out of it.
That is why I learned to stop chasing what I loss and be contented with what I have, and also to gamble only my excess money so that it wouldn't be hard for me to let it go.

[danherbias07]

It happened to me just a week ago.
I played my $20 and somehow made it to $120 by playing different kinds of slot games from massive studios, twist gaming, and hacksaw slot providers. I was actually amazed at how lucky I was that day and then I tried to play more just to lose everything.
Then, I checked my rakeback and saw that I got $2 that I can gamble again so I took it and played one more time. Another lucky multiplier happened twice and I get it to increase to $103. I said to myself "I am back." and actually thinking twice if I should go on or just withdraw it. Sadly, my greed won and I played more just to lose everything again. Such an idiot.

[Ruttoshi]

The best way to gamble is for you to gamble with an amount that you can afford to lose, and also accept the outcome of your bet, so that if you lose you walk home happily, and if you win, you will be satisfied with whatever amount that you won either big or small.

No real gambler would be happy going home with a loss. I mean, at least most of us because even though we can say that gambling is just for fun but the challenge of winning is still there. Personally, I consider gambling as a challenge, because I don't waste money on it, i learned it, study on how to win. However, currently, I have nothing to be proud of as I haven't reach my target yet which is to be profitable, but one day, I will be one of the few that will prove to the world that making money in gambling consistently is possible.

You sound as if you are new to gambling, and not like an old gambler, because no one on earth can win consistently daily, that is impossible and this is why it is advice that we don't gamble for profit so that we don't become victims to addiction.

I know that no gambler loves to win and will not walk home happily when you lose, but that is gambling for you, and you must accept the outcome of your bet be it a win or loss. This is the only way that you can use to gamble responsible and that is why you should only use a small amount of money that will not make you sad, if you lose it. No matter the studies and researches that you do to improve your gambling skill, you will still loss more than you win, because you cannot win the house hedge or sportbookers

[Uhwuchukwu53]

The best way to gamble is for you to gamble with an amount that you can afford to lose, and also accept the outcome of your bet, so that if you lose you walk home happily, and if you win, you will be satisfied with whatever amount that you won either big or small.

No real gambler would be happy going home with a loss. I mean, at least most of us because even though we can say that gambling is just for fun but the challenge of winning is still there. Personally, I consider gambling as a challenge, because I don't waste money on it, i learned it, study on how to win. However, currently, I have nothing to be proud of as I haven't reach my target yet which is to be profitable, but one day, I will be one of the few that will prove to the world that making money in gambling consistently is possible.

The simplest Truth remain that no body is willing and ready to loose money if I am ask I will say this, that make me agree with you. Once the fun is only what enticed or motivate people gambling with dramatically reduce the aim of wining is the main thing people insist in playing even when the loss still seek way to recover because no body play to loss. If as Ruttoshi State that one should play with what it can loss that is correct but there is nothing too small to loss because if you continue in lossing it will make you the gambling will not be interested the call aim is going for wining which every one have in heart.

I don't gamble to loss that is why anything I am putting in is valuable and I will apply all required strategy and the fun involved because the mindset help me been consistent it make more sense when wining spirit is dominance.

[Coin_trader]

It happened to me just a week ago.
I played my $20 and somehow made it to $120 by playing different kinds of slot games from massive studios, twist gaming, and hacksaw slot providers. I was actually amazed at how lucky I was that day and then I tried to play more just to lose everything.
Then, I checked my rakeback and saw that I got $2 that I can gamble again so I took it and played one more time. Another lucky multiplier happened twice and I get it to increase to $103. I said to myself "I am back." and actually thinking twice if I should go on or just withdraw it. Sadly, my greed won and I played more just to lose everything again. Such an idiot.

Sorry but this is hilarious mate. You have an extreme luck for turning small amount to a huge profit. I’m curious on how you lose everything after a successful run?

Do you bet higher amount when you loss a little bit then lose streak suddenly hits you hard because this happened to many times since it’s very easy to increase your bet to insane level if you are already using a bankroll coming from profits.

I have a terrible luck on playing with massive studio slot games. You are really lucky to have a decent run with this provider.

[Marvelockg]

It happened to me just a week ago.
I played my $20 and somehow made it to $120 by playing different kinds of slot games from massive studios, twist gaming, and hacksaw slot providers. I was actually amazed at how lucky I was that day and then I tried to play more just to lose everything.
Then, I checked my rakeback and saw that I got $2 that I can gamble again so I took it and played one more time. Another lucky multiplier happened twice and I get it to increase to $103. I said to myself "I am back." and actually thinking twice if I should go on or just withdraw it. Sadly, my greed won and I played more just to lose everything again. Such an idiot.

it's not like you're an idiot, it's a normal thing most of us have gone through. You know that it's easy to talk about regulating how we continue in our gambling at times when we've gained up to a certain amount but when it comes to real life situations like this, it's actywlly more deficult than we think. Knowing when to walk away is very necessary and it's the discipline every gambler should make a part of himself but it's not always easy to work away most expecially when you're in a situation that looks as though you're just a step to your next big win.

[Dewi Aries]

True this is a very familiar case that we often find in the stories of gamblers, but I think it is quite normal because most gamblers are those losers who only want to win but are not ready to accept the fact of losing so when they lose they instead chase losses in the hope of recovering, when clearly in some cases it has been proven that this idea will only make a gambler experience a much greater amount of loss.

This is why from a common sense and rational point of view we are always advised to only bet the amount that we can afford to lose, because with this then it is less likely for us to feel upset and emotional when we lose, and I think this is also the reason why we should not see gambling as a place to earn, Because of course with this mindset then when it turns out that you lose then it is a situation that will make you feel disappointed, but however it is a natural situation because after all gambling is always about winning and losing, so I think the first thing that should be correct here is an understanding of gambling, because by having the right understanding then I think it is less likely for them to do various actions that make no sense.

This is why gambling industry is really that profitable into its owners because gamblers couldnt really be able to resist when it comes to playing even further or simply they would really be continuing to play just because they do really know that they do have that kind of confidence that they can win up even further or believing that their luck is still that on their side on that very moment, until they would be busting up themselves in the end of the day on which this could really be that leaving having no money with their accounts or into their pockets. Doesnt matter whether you are involving yourself into online or offline casino
on which this would really be just that the same when it comes to the condition or situation of a certain individual. This is why self control would really be something crucial on this kind of condition on which
it would really be something relevant or something that will really be needed because if you dont then expect that you would be experiencing even deeper loses on which it might lead up that huge regret in the end.

It is true and proven that lately more and more casinos, especially online casinos, are popping up which is reasonable to say that this is a very profitable business for the owners, and as you said that the biggest profit made by casino owners is because most gamblers find it difficult to resist or resist their lust to continue gambling as in the scenario of chasing losses to reach the recovery phase. And also yes as you said that most gamblers are overconfident with the idea that "luck still holds" so they continue the session, and I would say that when your confidence and expectations are higher then usually when things don't end up the way you want then obviously you will feel more significant disappointment, and this is why we are always advised to limit expectations on the outcome of gambling, not only to minimize the possibility of disappointment and emotions that can make you do things that make no sense.

It is a real scenario experienced by most gamblers that will lead them to greater disappointment and more dominating emotions, so it is only natural that we often see gamblers who run out of most of their money. Another thing is that no matter where you are involved, whether it's an online or physical casino, the bottom line is that if you treat gambling the wrong way then it's still the end of the world.

[Frankolala]

The best way to gamble is for you to gamble with an amount that you can afford to lose, and also accept the outcome of your bet, so that if you lose you walk home happily, and if you win, you will be satisfied with whatever amount that you won either big or small.

No real gambler would be happy going home with a loss. I mean, at least most of us because even though we can say that gambling is just for fun but the challenge of winning is still there. Personally, I consider gambling as a challenge, because I don't waste money on it, i learned it, study on how to win. However, currently, I have nothing to be proud of as I haven't reach my target yet which is to be profitable, but one day, I will be one of the few that will prove to the world that making money in gambling consistently is possible.

The simplest Truth remain that no body is willing and ready to loose money if I am ask I will say this, that make me agree with you. Once the fun is only what enticed or motivate people gambling with dramatically reduce the aim of wining is the main thing people insist in playing even when the loss still seek way to recover because no body play to loss. If as Ruttoshi State that one should play with what it can loss that is correct but there is nothing too small to loss because if you continue in lossing it will make you the gambling will not be interested the call aim is going for wining which every one have in heart.

I don't gamble to loss that is why anything I am putting in is valuable and I will apply all required strategy and the fun involved because the mindset help me been consistent it make more sense when wining spirit is dominance.

Sorry if I may ask, are you a professional gambler, the reason why I am asking is because you siad that all your money is valuable to you even with the one that you use to gamble, does that mean that you have never lost before in gambling. If it is Yes, then I will say that you don't gamble at all, but just saying something that is not possible.

If you value the little money that you are using to gamble, you should not gamble because it seems that it is not the amount of money that you can afford to lose. The money that I use to gamble is the amount that I don't care about if I loss it or if I give it out to someone. This is why I can always control myself and my emotions when gambling.

[Accardo]

That's not possibly easy to chase after the loss and regain the funds. It's always hard to achieve this, especially for naive players who don't know the ethics of gambling. Even the experienced players will as well find it very hard to achieve such a milestone. Due to the challenging aspect of gambling where the player wouldn't have a complete control over the results. Notminding how strategic his gambling strategy may have been prepared.

The right thing is forgetting about the losses and trying again another day. The fun continuous if we have the funds to gamble on a next session. Exhausting it all trying to recover all our losses only causes anxiety for the player and puts his gambling activity on a bad shape. What is most crucial is enjoying the process not focusing mainly on hitting back what we've gotten and lost. There are multiple possibilities that the player will still bypass his gambling limit and wouldn't stop even if he gets back the losses, which is rare.

In most cases where individuals chase loses they tend to lose because at that point they might not be gambling with a stable mindset but post individuals have been lucky to win big when they decide to chase lose, although they might have lost severally on the process before they get lucky, if such luck happens it is expected that an individual should take their profit and leave but then greed comes in.

 In the scene that they'll want to win more from the profit they get from the act of chasing loses. I consider that a wrong act cause most times someone individuals end up losing a huge percentage of the money, that's a real definition of opportunity come but once  it would've been more safer if they just take profit and leave but they decided to be greedy and therefore lost, apart from losing such act could even make some become addicted.

That's where the trouble sets in, players hardly forgo the idea of a next win, after winning previously. Would I just attribute this behavior to players alone? I don't think so, humans, generally, behave this way. When something works, we do it again, hoping to achieve similar results. I wouldn't blame gamblers for this, the indulged game deals with the mind and money. Our minds are not strongly decisive when money is on point. Players are blind to this mistakes as it happen involuntarily. Sometime when we act out of curiosity to win money, within us, we feel in control, but deep down lots of time has been spent with no prior aim developed to stop the incurring losses.

Luck is a gambling term that should be closely observed to know how it works. I don't think anybody would tag luck as a factor that actually happens oftentimes. However, due to the curios mindset of winning again, some players would conclude that luck is on their side after winning a game. What if the luck isn't there as presumed? The player continually losses money hoping that luck is still close by waiting to work on his behalf. There are some false gambling strategies which most gamblers endorse and it affects, periodically, their gambling exercise in a negative way.

[mirakal]

The best way to gamble is for you to gamble with an amount that you can afford to lose, and also accept the outcome of your bet, so that if you lose you walk home happily, and if you win, you will be satisfied with whatever amount that you won either big or small.

No real gambler would be happy going home with a loss. I mean, at least most of us because even though we can say that gambling is just for fun but the challenge of winning is still there. Personally, I consider gambling as a challenge, because I don't waste money on it, i learned it, study on how to win. However, currently, I have nothing to be proud of as I haven't reach my target yet which is to be profitable, but one day, I will be one of the few that will prove to the world that making money in gambling consistently is possible.

Exactly. Even if we say we are gambling only an amount we can afford to lose, but in reality losing is not okay and we still want to make more money while betting and going home at a loss is just frustrating. Gambling will only be fun if we are in profits, but if we gamble and lose all our money, there won’t be fun for sure. That’s how I see about gambling, and I guess a lot would agree to that.

However, I still believe maybe in the future we can make it big in gambling. Although not that consistent, but most probably at least we gain highly satisfying profits.

[Blitzboy]

Classic loser's error. Gambler's fallacy: "winning it all back". Imagine predicting the stock market after one good day. However, you must be intelligent. With strong emotions, you're playing with fire. After that win and rush, you feel invincible. But then you lose control. Im not against gambling. I enjoy having fun. Be clever about it. Set limits. When you're even, leave. Winners do that. They know when to stop. Like running a business. You wouldnt keep funding a terrible transaction, right?  Folks, this goes beyond gambling. You need self-control and discipline. Knowing oneself and quitting while ahead is key. Yes, I've been there and done that. The smartest option is always one that safeguards your money and future.

[Gheka]

Classic loser's error. Gambler's fallacy: "winning it all back". Imagine predicting the stock market after one good day. However, you must be intelligent. With strong emotions, you're playing with fire. After that win and rush, you feel invincible. But then you lose control. Im not against gambling. I enjoy having fun. Be clever about it. Set limits. When you're even, leave. Winners do that. They know when to stop. Like running a business. You wouldnt keep funding a terrible transaction, right?  Folks, this goes beyond gambling. You need self-control and discipline. Knowing oneself and quitting while ahead is key. Yes, I've been there and done that. The smartest option is always one that safeguards your money and future.

Indeed, right from the start we should clearly distinguish between normal cheerfulness and excessive cheerfulness as well as the negative reactions after the low point of gambling that dampens our mood, sometimes losing a little is still more fun than losing a lot, another direction, losing a lot is still better than empty hands as well as a scratch on the soul. The strongest and most successful people do not come from gambling, they are strong in the way they overcome life and its shortcomings, they know where they should invest and where they should stop.

[robelneo]

Anyone here familiar with this kind of scenario on the title? Just recently saw a compulsive gambler diary which he manage to recover everything when he chased loss then later on he loss it all.

This is one trap that every gambler avoids experiencing, but the majority of us commit this mistake I don't want to be a hypocrite, but this has happened to me so many times, and it's depressing to the point I have a hard time
getting a sleep, but you have to move and learn. It's tempting to do it again, but that was the past. Right now, I'm ok with it and have learned that you just cannot recover your past losses however you try.

[Viscore]

The best way to gamble is for you to gamble with an amount that you can afford to lose, and also accept the outcome of your bet, so that if you lose you walk home happily, and if you win, you will be satisfied with whatever amount that you won either big or small.

No real gambler would be happy going home with a loss. I mean, at least most of us because even though we can say that gambling is just for fun but the challenge of winning is still there. Personally, I consider gambling as a challenge, because I don't waste money on it, i learned it, study on how to win. However, currently, I have nothing to be proud of as I haven't reach my target yet which is to be profitable, but one day, I will be one of the few that will prove to the world that making money in gambling consistently is possible.

You sound as if you are new to gambling, and not like an old gambler, because no one on earth can win consistently daily, that is impossible and this is why it is advice that we don't gamble for profit so that we don't become victims to addiction.

I know that no gambler loves to win and will not walk home happily when you lose, but that is gambling for you, and you must accept the outcome of your bet be it a win or loss. This is the only way that you can use to gamble responsible and that is why you should only use a small amount of money that will not make you sad, if you lose it. No matter the studies and researches that you do to improve your gambling skill, you will still loss more than you win, because you cannot win the house hedge or sportbookers

Didn't say winning gambling consistently daily but I said consistently. That means like being profitable int he business your are running and that you are a long term winner which is opposite to most gamblers. If you don't believe that making money in gambling is possible, then treat gambling for fun and forget your losses so you'll not be addicted if that's the risk you are thinking, but not everyone are the same.

[o48o]

Anyone here familiar with this kind of scenario on the title? Just recently saw a compulsive gambler diary which he manage to recover everything when he chased loss then later on he loss it all.

Reading this guy confession https://www.gamblingtherapy.org/forum/topic/compulsive-gambler-chased-loss-got-it-back-then-lost-everything-again/ sometimes remind me of myself when I’m still not that fully taking control my gambling habits. I’m sure other players can relate to the part that you still keep playing after recovering your losses for a hope to win a little bit before you leave.

Setting aside the fact that i needed to reformat that text wall MurrS7 wrote there in order to read it. It really looked like author didn't even care if anyone reads it, but just needed to vent.

It looks like a classic addiction. If anyone needs to max out their credit card for gambling, you just know they are in a wrong path, but that path doesn't stop there like that guy said. Winning your money back can obviously happen many times, and that's why they keep on making same mistake and trusting on that.

People don't become addicts because they lose, they just notice it from that. And from the fact same pattern of huge wins and huge losses keeps happening. And they are often too huge to handle.
Weirdly many gamblers don't even see chasing loss as gambling, but some sort of strategic move. And when they happen to win their money again, they can say that they learned their lessons, when in fact they just rewarded their brains with dopamine by gambling. Which is a key element of addiction. Brains get rewarded all the time, but some people are just too "susceptible" for it, if i am using that word correctly.

[Lidger]

Our nature is such that we don't want to give up on anything and we always prefer to win. Defeat is always bitter and if ever I lose I still try to win again. There is a lot of difference between a normal game and a gambling game if I lose in a normal game maybe I can win multiple times but in gambling game I will lose money as many times as I lose so if I gamble even after losing many times I will still lose money. In this case, we make a mistake. Whenever we lose multiple matches, we have to take a break and try to start again with a break. This increases the chances of winning a little. When it comes to gambling, whether the outcome is positive or negative, we always have to keep a cool head and make a decision.

[bitbollo]

this approach should be linked to statistics not only to one's "compulsive" behavior.
the more you play the more you lose.
yes, of course you will be able to hit the superjackpot but statistically it is more likely that you will lose and not that you will have a super win.
indeed this illusion of a sort of "happy ending" that pushes gamblers to play compulsively looking for a superwin... that will never arrive.

[junder]

No real gambler would be happy going home with a loss. I mean, at least most of us because even though we can say that gambling is just for fun but the challenge of winning is still there. Personally, I consider gambling as a challenge, because I don't waste money on it, i learned it, study on how to win. However, currently, I have nothing to be proud of as I haven't reach my target yet which is to be profitable, but one day, I will be one of the few that will prove to the world that making money in gambling consistently is possible.

It is true that no gambler can get rid of the fact that defeat is bound to happen, the goal of most gamblers is to win, including those who gamble for fun. I think they also want to win, it sounds hypocritical if they gamble without wanting to win. In my opinion, the fun in gambling is at the point of winning, and I think with those who gamble for fun, maybe they say that because they don't want to be labeled as addicted to gambling. but basically gambling has a strong attraction, so many people are trapped by gambling, but if they can control themselves maybe they won't be easily addicted to gambling.

Apart from that, in my opinion there is no definite way to win at gambling, some people have a strategy that they have and believe that their strategy can produce a win, I don't have a problem with that because it is each individual's right, but I think It seems like there is no way to win with certainty when gambling. What's more, being able to win or be able to make money consistently, I think is almost impossible. I suggest not to expect more from gambling.

[Outhue]

Anyone here familiar with this kind of scenario on the title? Just recently saw a compulsive gambler diary which he manage to recover everything when he chased loss then later on he loss it all.

Reading this guy confession https://www.gamblingtherapy.org/forum/topic/compulsive-gambler-chased-loss-got-it-back-then-lost-everything-again/ sometimes remind me of myself when I’m still not that fully taking control my gambling habits. I’m sure other players can relate to the part that you still keep playing after recovering your losses for a hope to win a little bit before you leave.

This is how many gamblers get frustrated.

The mistake was from the beginning and it can go on like that for years, how you start to gamble determines how your gambling journey will look like, and one thing about gambling is that it affects you really fast.

If you care about your mental wellbeing you will gamble as if there is nothing to gain from it than having a good time instead of hoping for any massive amount of money.

I don't have this habit in me, if you are chasing your losses you have already risk what you can't afford to lose and the principle of a responsible gambler is to always use left over money to gamble, to have a peace of mind and be able to enjoy the time spent on gambling.

We are programmed to always want to win, and as humans we don't like giving up, but gambling is not the right place for such zeal, gambling won't make you rich, the chances of wrecking your life believing that it will make you rich is pretty low.