Chased loss, got it back and lost everything.

[Coin_trader]

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.

[Oshosondy]

When I was gambling almost everyday before, there is nothing that I have not experienced. I have posted before that one day I won huge amount of money with several bets, this happened to me only ones before because I won all through that day without any loss. But I lost all the money that I won the following day.

There are many days, countless without number that I would win all the money that I lost but continue to gamble and lose everything later again. There are days that I will be winning but I will continue to gamble and later ended the day with loss.

In the process of chasing losses, the probability that you will recover the losses is very small but it is possible. The probability that is very small for it is the reason people are advised not to gamble after losing some amount of money. But if you recover your losses and continue, definitely you will still lose again because you are really gambling to look for money but which is not good financially for anyone.

[stomachgrowls]

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.

Just because people were greedy or its something a part of a human being on which it is really that hard to control on the time that you would really be on such condition. Earlier you would really be having those thoughts that you would be needing to breakeven and this is why you chose up your loses and if you are lucky enough then you might be able to achieve such state and this is something that wont really be that likely to happen because eventually those gamblers would really be busted up on trying to chase up those loses. On the time that you do breakeven, then the primary thing that you would come up into your mind is that the main questions or thoughts about "What if you would be able to win up more?" for sure you would be thinking that you would be profitable just because you had made it out.

These are the common thoughts that you would be having on mind on the time that you would really be able to make yourself that playing even further on which it would be most likely
be ending up on losing it back again into the house. This is why on the time that you had made out that breakeven thing then you should know on how to secure it and make
yourself that called on having that good control towards gambling.

[Coin_trader]

In the process of chasing losses, the probability that you will recover it is very small but it is possible. The probability that is very small is the reason people are advices to to gamble after losing some amount of money. But if you recover your loss and continue, definitely you will still lose again because you are really to gambling to look for money but which is not good financially for anyone.

This is so true bro, It’s the best feeling for me if I manage to complete a chasing loss run from a severe losses that walk away with minimal profit? The sense of satisfaction is much better rather than winning big straight without experiencing losing part of your bankroll(early luck).

I share this story because I knew the feeling of overcoming loses especially if this is from a terrible loss. I once down by 6K and has 100$ on my bankroll, I manage to recover that 6K using my remaining bankroll and walk away with some profit. The best feeling on my gambling experience so far, after that I stop gambling for a long time and lessen my bankroll. 

[Richbased]

Severally I have seen gamblers win huge and later lost all and most of the people that always does this act are mostly those that plays casinos at gambling offices they will continue playing and losing and winning till they have emptied their pockets that's only time they will leave the office.

Sometimes it is not as a result of gambling addiction but because in most cases it could be that the gambler have a target of the amount he wish to win before leaving the casino hall so until they meet there targets it is always hard for them to stop playing at least for that they but it is just foolishness for anyone to win and still continue playing they they lost everything.

Addiction can also be a factor because since a gambler takes gambling as a hobby it is always difficult for them to stop gambling even if they have made some huge profits they will still continue playing because they are inquisitive to win more and in most instances they keep on loosing till everything is gone that is when their brain returns to factory settings and they start regretting their actions and some gamblers that experiences such cases always blame the casino for diabolism or being mystical whereas it was out of their negligence and foolishness that led them to failure.

[_act_]

Severally I have seen gamblers win huge and later lost all and most of the people that always does this act are mostly those that plays casinos at gambling offices they will continue playing and losing and winning till they have emptied their pockets that's only time they will leave the office.

I do not know what you mean by casinos but maybe your are also referring bookmakers because I have some people that are only going for sport and have this habit. This is not just about casinos but about gambling and betting generally. If you have someone that like live matches and gambling very well, you may noticed that about him. Also if you know someone that like virtual sport like football very well, if the person is using it to gamble often, you will noticed that in him. It is not only about casinos.

[ajiz138]

This will not be good at all, when they chase losses and then want to chase on the pretext of being able to recover but BELIEVE that it will all be at a loss again the victory or chasing the loss is only a small % that will be obtained means in conclusion this is luck and this is rare.

A gambler must have experienced this including myself and now reminded again in this post to never chase any losses that have been lost, let it happen and you have to play as it is and have fun.

Now it is enough to apply where it will not pursue any losses, it can be said that it is kapok because basically we will not recover.

[Lida93]

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 experience has happened to many gamblers some do lost it immediately just after recovery while some other may loss it back the next day as they return lurking on the hopes that they could make another win. A lot of us had to make for a proper gambling plan for each time we want to gamble after having these ugly experiences.

Sometimes, even after making the plans ahead we out of greed for more fail to stick to the plan which ultimately lead to these recovery-loss scenario's. I can't say I haven't experienced a loss after recovery, and that was because I use to think I could just top up a little more of what have already made but ever since I changed that mindset to act contented with every amount of win it's been a different story lately.

[Porfirii]

I haven't experienced it myself, because I am very aware that the more you play, the higher the chances to lose, so I admit the loss and I move on with no regret. I guess that very impulsive people can feel forced to risk more in order to get their money back, even if they know that it is not a sensible idea. When I was younger it happened a few times that I got frustrated by a claw machine and, after several tries without winning a plush for my girlfriend, I kept spending more that was reasonable because I didn't want to admit the bad luck I had. Now I give it a few tries (2-3) and that's all, no regrets. In claw machines it is little money what you stake, but I think that the idea can be applied the same to games with higher wagers.

[piebeyb]

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.

In fact, this often happens around us, especially as gamblers, sometimes we have the feeling of wanting to catch up on our losses and recover them, but that is definitely a risk, not everyone can succeed in recovering their losses, let alone getting a big win at the end of the game, I don't know if anyone has ever succeeded. with that, but I'm sure that in the end the winning money will be lost again in gambling because they never consciously gamble properly, sometimes people who gamble should understand the risks.

Self-awareness is important because gambling is risky and you will definitely lose so people should understand that, but on the contrary they want to gamble and keep winning and then become rich, that's not how it works because gambling has wins and losses, so whatever the result must be accepted, never chase a loss, let alone try to recover from it. Maybe we have seen or read the story of someone who succeeded, but luck will never be the same, not everyone can succeed in recovering from their losses, so it is better to gamble with self-awareness that in gambling there is a loss, you don't always win.

[yahoo62278]

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.

Most gamblers will start out playing 1 game and lose, then go to another and get saved, then go back to the game they started on thinking it has to hit, get low, and go back to what saved them before and not get saved again. Vicious cycle and always ends bad. Best thing is to set goals and stick to them even if you set a daily loss limit or max loss on a day limit. If you can control your urges, you should be ok.

[Yatsan]

This is what happens if you tend to let your emotions take over you gambling activities. What happens is tht you'd be in loss and will desire to take back what you lost, then after getting closer to the amount you aare aiming, you'd have desire of winning the game but since we can't be certain of such outcome, loss awaits. Chasing for loss is not a bad thing but be sure to be prepared of the consequences. In some instances doing so leads to bigger loss, so if you're fine being in such situation then feel free to do so. Personally, I focus on setting a limitation to avoid crossing those lines; when in loss accept and try some other time and if in profit be sure to secure it if you don't want things to flip afterwards.

[Jawhead999]

The gambler is greedy, if he already recover his loss, he should stop immediately instead of chasing more.

But this case mostly happen to many gamblers especially newbie, they still can't control themselves and treat gambling as a source of income. At least people can learn from it to not repeat the same mistake in the future, if they can't learn, they will become a gambling addict sooner or later.

[AliMan]

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.

That's the scenario from a friend of mine who kept losing his money and didn't even care about his family needs. His mindset was dependent with gambling, that's why he became homeless for two weeks and got kicked out from his dorm where he worked as a security officer.
On his position, it shows a bad example for those who still not addiction with gambling but we shouldn't judge him because I still believe there's perfect time to change.

[Don Pedro Dinero]

Anyone here familiar with this kind of scenario on the title?

Not in cases very close to me, but yes. Those kind of people are hooked on the dopamine they secrete when gambling, not when winning money. That's why stories like this are not uncommon in problem gamblers, because in the end it's an addiction where they can't stop gambling, more and more. There are also similar stories of gamblers who win a good amount at the beginning of the night and instead of going somewhere else to enjoy the money they end up losing it and more.

[stadus]

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.

I experience it myself, that's why it's not really recommended to be out of control in gambling, we need to be discipline here. If we want to win consistently, it should be in a way that we treat it like a serious activity, where slowly but gain consistency on what we are doing. Because if we really one to win big time that we will be satisfied without going back in gambling, we should be betting on lottery as the jackpot is in millions, that's one time big time money for us.

[moneystery]

this is common in gambling, where a gambler gets their money back after a losing streak but then they lose again and lose it all. indeed, this sounds funny, but that is what often happens in gambling and what we can do is minimize it by taking a temporary break when we win big, then we can play again when we are ready. and that's what i usually do when i win back my money from gambling, and i'll take a short break until i can play again.

[coin-investor]

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.

I know the experience and the feeling, it is something that is hard to forget and shrug off, you will blame yourself and pity yourself for what you've done. It will take time to heal from what happened to you but you will learn and be a better gambler because you have something to avoid and a feeling you don't want to experience again.

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.

We have this mindset that we should strike while the iron is hot or in gambling keep on playing when we're having a string of luck because we have heard other gamblers winning huge and able to recover their losses, when we are winning we tend to remember our losses and we are tempted to try to regain those losses.

[dothebeats]

This is the worst thing you can do as a gambler. Chasing losses is a sign of desperation. I know it's hard to lose money in the casino but sometimes you just have to let it go and don't let it consume you. I always tell myself that it's not worth the time, effort, and frustration to get back what I lost, especially when I know that it could lead to further losses that could have been prevented had I stopped playing after the loss.

It's great that the gambler was able to recover what he lost initially, but greed certainly pushed him to gamble more thinking that it's his turn to "win" this time seeing he was able to turn around his fortune and get back what he lost.

[panjul07]

I'm pretty sure that most gamblers including me experienced such a scenario, not only 1-2 times but it can be several times LOL.
The more often we gamble, the more times we will experience this scenario especially if we do not know when to stop.
When we get back what we have lost before, usually we are triggered to make more but most of the time we forget that lucky time is limited.
Eventually, we lost it again due to out of luck and we regret it