Chased loss, got it back and lost everything.

[AbuBhakar]

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.

Reading the whole testimony provided on this link makes me wanna shout the sharer to stop fuckin gambling. I knew the urge of gambling more after a consecutive win because you think that lucks will always with you but the story started with a huge loss that he just slowly recovered due to the series of small win from his luck.

That’s already enough to consider stopping on risking money that he just recovered yet he keeps pushing to play more that’s why he ended up in more losses. I experience a lot of chasing loss but I always stop right after feeling the adrenaline rush and recover my losses because that’s already satisfied me. The story show the typical behavior of compulsive gambler which is sucks to be on this situation.

[virasog]

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.

We need to understand that gambler will gamble daily and it is a on going activity. He will win sometimes, and he will lose sometimes. So even in cases where a gambler loses and in order to recover the loss, he may gamble more and maybe win and recover the loss. But this is not the end.
The next day he will gamble again and lose or win. If at one time he is able to recover the loss by revenge gambling, it does not mean that he will be able to recover the loss again in a similar way. One day he will not be able to recover the loss and lose more money this way and an emotional person may lose everything as he will be emphasizing to recover the loss, no matter what it takes. 

This is a reason that the successful gambler is one who has a proper plan in his mind and a loss or win will not let him change his plans. He will stick to his idea and of course in this way, he cannot lose more than what he has initially calculated.

[Hispo]

I am familiar with those cases, but fortunately not because I have lived it myself. When I have felt tempted to chase my losses I try to remember the stories like these ones , then I just opt to log out the casino and try to forget on what happened.
On the other hand, I have seen many people to go through that situation when they try to go in a rampage of "revenge" gambling and get their money back, in specifically two occasions I have read of gamblers Lossing all their money because of that recklessness, while only two of those stories have ended up with a happy ending and having their money back, plus some extra.

I think, in the eye of the casinos, it would be convenient for people to feel like chasing losses, but for us gamblers who need to be responsible, we cannot allow ourselves to chase any loss we come across during our sessions on a casino.

[Cantsay]

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 post reminds me of a recent topic we discussed in bc Ann thread although the story is not exactly the same but they both have similarities.

In the one we discussed - it was about Bossmanjack, in his video he managed to chase his losses and won more than he had lost, he didn’t stop there he went ahead and withdrew the money to his non-custodial wallet but after some hours later his intrusive thoughts got the best of him and he went back and lost everything he had won.

I don’t know if there’s a tingling sensation for those that have managed to get some good winnings - because most times they like going back or feel the urge to go back and use that same money they just won to gamble thinking they’ll win more but in the end they’ll end up with nothing.

[0t3p0t]

Well based on my observation here in my place this is the most common reason why gamblers are being liquidated even if they already have winnings it is because they chase their losses. With that being said clearly states that there is really no good benefits of being an irresponsible gambler. We need to be contented and move on chasing losses will only get you the higher chance of losing all the money you have.

[Juse14]

Throughout the gambling that I do. I personally have never experienced something like that, but several of my close friends have experienced something similar to what the OP said. They spend all the money they have to continue chasing something that is uncertain, until they experience quite large losses, one of my close friends has spent approximately 1000 USD in one gambling session. and to recover the losses he experienced, he then borrowed 50 USD from me. Since the amount wasn't very big, I gave him a loan, and after a few minutes he went straight back to gambling. It didn't take long, he almost completely recovered the losses he experienced before, he won up to 800 USD, and I immediately advised him to withdraw his winnings. But because he thought that luck was on his side, wanted to recover all the losses he experienced, and sought profits from the gambling he did, in the end he decided to continue gambling. And as a result, what he had achieved was spent back in gambling, so that all he got was a loss and... loss

[n0ne]

This used to be a common experience for the majority of gamblers. I personally had the same experience, won big at the beginning, and the same served as an attraction towards gambling. This didn't last longer, when the winning turned big, the expectation to win more made me go for high-value bets from my regular spending. This is how I kept losing, and the winning I experienced during the beginning days gave me hope and made me chase the losses. This wasn't successful for me, and I lost beyond my limits. I realized better about gambling, but at some point I wasn't able to move further as I didn't have the funds to place bets and took a break from gambling.

[Dewi Aries]

I am familiar with those cases, but fortunately not because I have lived it myself. When I have felt tempted to chase my losses I try to remember the stories like these ones , then I just opt to log out the casino and try to forget on what happened.
On the other hand, I have seen many people to go through that situation when they try to go in a rampage of "revenge" gambling and get their money back, in specifically two occasions I have read of gamblers Lossing all their money because of that recklessness, while only two of those stories have ended up with a happy ending and having their money back, plus some extra.

I think, in the eye of the casinos, it would be convenient for people to feel like chasing losses, but for us gamblers who need to be responsible, we cannot allow ourselves to chase any loss we come across during our sessions on a casino.

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.

[Zadicar]

I am familiar with those cases, but fortunately not because I have lived it myself. When I have felt tempted to chase my losses I try to remember the stories like these ones , then I just opt to log out the casino and try to forget on what happened.
On the other hand, I have seen many people to go through that situation when they try to go in a rampage of "revenge" gambling and get their money back, in specifically two occasions I have read of gamblers Lossing all their money because of that recklessness, while only two of those stories have ended up with a happy ending and having their money back, plus some extra.

I think, in the eye of the casinos, it would be convenient for people to feel like chasing losses, but for us gamblers who need to be responsible, we cannot allow ourselves to chase any loss we come across during our sessions on a casino.

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.

[Alphakilo]

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.

I read the story of this gambler who has been addicted to gambling for 10 years. It is deeply touching and calls for empathy towards those who are struggling with gambling addiction because they would have tried a lot of ways to seek for solution to their addiction but it is not as easy.

This is why I am of the opinion that one should not try to beat gambling addiction alone. Returning to gambling addiction after a period of victory can lead the person to being ashamed of themselves. This battle to beat gambling addiction should be a collective one where a community of people with the same struggles help one another to break the destructive pattern before it is too late.

[acroman08]

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.

couldn't read through all his posts on that forum, but damn, the dude had so many relapses that I started thinking this guy needs to be put in rehab to help him with his addiction(which he actually needed). I skipped and looked at the very last post and luckily it was his, and from the looks of it, the guy had been gamble-free for 9 months when he made that post. I wonder if he was able to continue his gamble-free streak, reading his last post, he sounded so optimistic that he'll be able to overcome his addiction and I do hope that he does.

[darkangel11]

It's important to understand the game before you start playing. In gambling you're facing 2 main reasons for liquidation. One is slow liquidation where you play for months, hundreds of rounds and you keep things balanced, but in time house edge cuts into your bankroll and you feel like you're up a bit, because this time you're sending more money to the bank than you had on your casino account, but over the course of 2 or 3 years you're really down a few thousand $. The other is liquidation due to lack of funds. You have a certain balance that goes up and down, like a sine wave, but at one point it goes down below the bottom line, it breaks your bank. It would probably go back up if you could stay in the game but currently you lack money to play and have to face a total loss. That's why if you play long enough you will eventually have to deal with these two problems.

[Odusko]

You are not alone in this experience although sometimes chasing your loses may be a bit lucky Stake where you win well and be able to even make some gains from it, although gambling is full with loses but we shouldn't also eliminates the possibility of winning, this is most important to note, although since the house edge is alway at play in House game's, one need to be careful when chasing the loses in other not to lose more.

[seoincorporation]

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 have seen that with some gambling streamers, they get deep in the hole, then come back, and then lose it all. That's why it's important to know when to stop and to have a limit, because if you don't have one then you will lose all at the end of the run.

And the feeling about recovering and losing it all should be terrible, i haven't experienced it but i can imagine.

[Dr.Bitcoin_Strange]

Although this kind of attitude is common among compulsive gambling but it's not only compulsive gamblers that exhibit such characters. While gambling, one can just get carried away by their emotion and before you know it, you are already going against your own will. I know that some people will say that it's only a compulsive gambler that can do such or that when a gambler exhibit such an act, then it's a synthom of addiction but in some cases it's not really what it is. It has happened to me frequently and mostly if am playing some slot games, particularly "crash". I easily get carried away and before you know it, I have lost all the money I won.

[DaNNy001]

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 practically a feeling every veteran gambler who is some obsessed must have experience because it's way too common and the only set of person who wouldn't have experience this are the once who really practice that habit of playing gambling for fun because they tend to keep their habit in check and don't go out of lane when gambling.

[alastantiger]

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 have also seen sports betters who also used a lot of their money to bet and ended up losing. A one of those cases one of the gamblers who lost emailed the gambling company to appeal for them to refund his money. We cannot talk about gambling addiction enough. It is on The rise and there is a need for a concerted effort from everyone to speak up and fight it.

You are not alone in this experience although sometimes chasing your loses may be a bit lucky Stake where you win well and be able to even make some gains from it, although gambling is full with loses but we shouldn't also eliminates the possibility of winning, this is most important to note, although since the house edge is alway at play in House game's, one need to be careful when chasing the loses in other not to lose more.

People are also motivated to chase their losses from the examples of others who chased losses and won. And these examples are not far fetched there are regular people like friends and they want their story to be the same as well. This doesn't always go to our favor. The house edge is always at play.

[Issa56]

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.

Trying to win back your loss is not what I encourage people to do when they are gambling, trying to win back your loss might end up making you lose more money. Some people might be lucky to be able to win back the amount they have lost in gambling at that particular moment, but after winning back the amount they have lost, some of them might think it’s their lucky day, so they will want to keep on gambling, maybe they will be able to make some money after winning back their loss, but in the process of doing that, they are going to lose everything back to gambling. Seriously, I call that greediness.
 
When you are gambling, you should always know when you are supposed to stop gambling. Even when you are winning continuously, you should always know when to stop because time will come when you are definitely going to start losing, so it’s just better you stop before you start losing back the money you have won.

[Sandra_hakeem]

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.

Sometimes, most gamblers don't even keep tracks of their gambling records; Yes! That could help you understand if you're making profit or not. Secondly, it could also help control your habits/ how much/ how often you increase your bankroll.

The thing is; For the fact that your mind is already programmed to win more money if your prediction cuts, and that your selections has either fetched you something good before, you're enticed to keep wagering as long as you have funds on you. It doesn't cut? No worries! Just keep wagering, it definitely will ^{[That's how manipulative your mind can be]}

[topbitcoin]

Scenarios like this are very possible in the world of gambling. Especially for those who are not able to control themselves and their emotions well when gambling, this often encourages them to behave impulsively which only causes losses in the long term. Where they continue to gamble and place bets, even though they have previously experienced many losses or experienced consecutive losses. They continue to gamble and place bets in the hope that the losses experienced previously will be recovered quickly in the next gambling session, but in the end the wins never come and the losses keep coming. they do so only to find themselves falling deeper into ruin with every gambling session they play and every bet placed.

And this is a very dangerous gambling cycle, which will only make the individual more attached to maladaptive gambling behavior, or a feeling of continuing to chase losses that is not driven by the desire to get rich but worse than that, they gamble freely. control.

And this illustrates the strength of the gambling addiction that the individual experiences. And to prevent this from happening in our gambling lives, it is quite important to be aware of all forms of risks caused by irresponsible gambling activities, and about how important it is to take a responsible attitude towards gambling.