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Author Topic: Chased loss, got it back and lost everything.  (Read 541 times)
Su-asa
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May 14, 2024, 09:19:49 AM
 #101

The only period you can say you were successful in chasing your losses is only when you win and withdraw them you used the money to do something important, that's why you can say your loses was recovered successfully. Outside that, you just lost more, a gambler who's a type that chase their loses always ended up losing everything. It's a lucky something that you must be careful when dealing with it, there are gamblers that their luck is very rare, so if you noticed that you such type you must be careful with the way you gamble. The gamble lost everything because he was greedy, if not that he was greedy, he would have be satisfied after winning plus the amount he lost previously.

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May 14, 2024, 09:22:34 AM
 #102

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.

It is a common scenario that every gamblers experience nowaday, because of greed and hoping to get back all the money that they've lose and assumed that the money will double up the price but turns out to lose everything that they have. Worst thing is that even their savings and emergency funds has been used up. We need to learn with this kind of worst experience so that we can prevent to happen this thing to us, even if other people say that we can't learn by reading other people experiences and failures unless it will happen to us but at least we know the things that we need to avoid so we will not ended up being in that worst situation.



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May 14, 2024, 09:36:49 AM
 #103

The only period you can say you were successful in chasing your losses is only when you win and withdraw them you used the money to do something important, that's why you can say your loses was recovered successfully. Outside that, you just lost more, a gambler who's a type that chase their loses always ended up losing everything. It's a lucky something that you must be careful when dealing with it, there are gamblers that their luck is very rare, so if you noticed that you such type you must be careful with the way you gamble. The gamble lost everything because he was greedy, if not that he was greedy, he would have be satisfied after winning plus the amount he lost previously.
That's why there's no such thing as a period or time when we can say we are successful in chasing our losses. It's always be the same situation for any gambler that everytime they have decided to chase their losses, instead of making it happen, the only ending they have is to lose more.

The thing is, whenever they have achieve their goal of making a profit using their new deposit to make up their losses, they get greedier and thinking to continue playing without realizing the consequences of their action. They continue to have the desire of making more money.


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May 14, 2024, 09:49:36 AM
 #104

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.
With those who lose money it is indeed a natural thing, in gambling losing money or gambling that is done that ends in defeat is a definite thing that happens, also with those who have won and then lost back the victory maybe because they follow their greed, they cannot hold back their greed so they think when they get a win they feel they are still lucky and can get even bigger wins, but the reality is not like that. The winnings that have been obtained will most likely be lost again when they follow their greed and cannot control themselves.
I agree with you, indeed in doing gambling we must be able to be disciplined, with one of them is to set certain limits such as knowing when to stop and stay away from gambling that is done. Do not let the gambling even make us in the point of misery because only because we want to complete the feeling of wanting to win big.

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May 14, 2024, 09:57:01 AM
 #105

I have never heard of someone doing something like that, as far as I have heard, all this time they have been chasing their losses but have never been able to get them and in fact they are losing even more because in the process of chasing them they are continuously spending money to gamble, hoping that the initial money they used can be returned and they get back the money you lost but in fact being able to catch up on losses is something that is very difficult to achieve in fact I have never heard of anyone being able to recover their losses as long as they continue to gamble I think there is only 1 person out of 1000 people who gamble the rest experience losses and don't able to catch up with defeat.

If someone has recovered their losses, they should immediately stop gambling and not continue their gambling sessions hoping to get more from their recovery. It's useless if you chase losses but instead you use the money again to make a profit as if the struggle you have spent risking everything is lost. Just like that with the defeat that you have fought for, when someone has won they should realize and be grateful because their defeat can be recovered and stopped for a while and can breathe a sigh of relief but if they continue they will only lose again.

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May 14, 2024, 10:20:44 AM
 #106

The only period you can say you were successful in chasing your losses is only when you win and withdraw them you used the money to do something important, that's why you can say your loses was recovered successfully. Outside that, you just lost more, a gambler who's a type that chase their loses always ended up losing everything. It's a lucky something that you must be careful when dealing with it, there are gamblers that their luck is very rare, so if you noticed that you such type you must be careful with the way you gamble. The gamble lost everything because he was greedy, if not that he was greedy, he would have be satisfied after winning plus the amount he lost previously.
That's why there's no such thing as a period or time when we can say we are successful in chasing our losses. It's always be the same situation for any gambler that everytime they have decided to chase their losses, instead of making it happen, the only ending they have is to lose more.

The thing is, whenever they have achieve their goal of making a profit using their new deposit to make up their losses, they get greedier and thinking to continue playing without realizing the consequences of their action. They continue to have the desire of making more money.

Lesson from this story is we should never chase our losses since for so many times there are lot of statement that they lose more by trying to recover back their losses since we will became so greedy on this situation then chances to be out of focus is there since the only one we want to happen is to regain back the money we lost in that casino. That's why its better to avoid doing this situation and if we think that we already losing enough better quit then try again next time since for deciding to leave can help us getaway on more bigger stressful feeling.

I know there are lots of newbies could read this thread so hopefully they could learn a lesson from the story what OP shared since it doesn't bring any good effect for anyone to chase their losses since this could give them more problem.

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May 14, 2024, 10:42:15 AM
 #107

Old but Gold story. This is a condition that is difficult to prevent when someone has started to lose control of themselves. I have also done the same thing and often do the same thing, I feel that today's losses might be win when I come back tomorrow, but I never got the expected win. Chasing losses became something I considered normal, even though this caused me more losses than wins. I also once hoped to be able to catch up with the loss and get it back, but I try to be realistic, this is impossible for me to achieve.

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May 14, 2024, 11:16:33 AM
 #108

I have seen gamblers win big and then lose it all but in many cases they hold on to that money without spending it. But if you become more profitable and addicted to making lots of money, you will continue to bet until you lose all money or make double money. This is not really a result of gambling addiction but in most cases it can be because the gambler wants to win before he leaves the casino hall and your greed increases. Many people take money loans so that they can get back all the lost money, but it can be seen that they also have a big financial crisis.
If it's not what you called as an addiction, then what is that? And what win do you mean? They did already win but they are simply greedy/addicted to play and try to win some more. Those who took a loan are sometimes not having enough and it does not really mean that they are returning to avenge their losses. Indeed that taking a loan is a sign that the person/gambler is in a big financial crisis because if not, then they will never loan money.

That is one of the crazy things about being an addict (not only specific into gambling), is that you will control your self to not spend on something but you are willing to spend more money in your bad habits. You can only regret later on once your money is now gone but that was great so that you will try to discipline your self next time and hopefully you will now win over your intrusive thoughts.

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May 14, 2024, 12:39:34 PM
 #109

In short, it is the common greed of gamblers. When you lose, you just wish you could get back the money you lost and stop playing immediately, but when you win back your lost money, you want to continue playing because you think your luck has returned to you. I myself have had this mentality many times, being greedy and then continuing to lose, winning again and then losing again, just repeating the cycle over and over again until I ran out of money.

This is also a common mistake that leads to gamblers losing money when they do not have a clear playing plan and just keep playing without stopping. If we have a clear plan right from the beginning before playing, we will get out of this vicious circle, but we must stick to that plan, don't break it for any reason.

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May 14, 2024, 12:55:00 PM
 #110

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.
A gambler who is determined to gambling won't leave gambling, even after he or she has managed to recover all his or her loses for that moment, he or she can take a break for that day, but will always return the next day or days later to gamble again, and at this time, the gambler is starting a fresh session, and there is no guarantee of any kind that he or she won't lose again, this is what we as gamblers must realize.

It is really difficult to gamble and beat the house, we can actually start gambling and winning and everything seem like it's alright, but on the long run, its important we understand that it's hard to beat the house, the house will always win and this simply means that we ourselves will likely be in loss if we are to sit and sum up all the amount of money we've spent betting and playing other gambling games, then calculate how much we have won in total, we discover that our loss is far higher than our over all win, this is absolutely normal if you ask me..

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May 14, 2024, 01:37:13 PM
 #111

Old but Gold story. This is a condition that is difficult to prevent when someone has started to lose control of themselves. I have also done the same thing and often do the same thing, I feel that today's losses might be win when I come back tomorrow, but I never got the expected win. Chasing losses became something I considered normal, even though this caused me more losses than wins. I also once hoped to be able to catch up with the loss and get it back, but I try to be realistic, this is impossible for me to achieve.

Well that's true and maybe someone who has an easily provoked personality is likely to experience that scenario of dominating emotions more often in their gambling sessions, but I think it's true that most gamblers have experienced that and they end up having significant regrets. And like you said you're also one of those people who have experienced that where you've experienced that emotion a lot, but if I'm honest as I recall, I haven't experienced it very often but I have experienced it.

I don't know what the problem is but certainly I don't gamble very often and I'm also not one of those people who is easily provoked so maybe that's what makes me rarely experience that scenario that makes me end up with regret and some pressure. I think a lot of people have the mindset that you have where they think that a loss will be replaced in the next session with a win but in the end it still ends up being a loss at the end of the session which in the end when expectations don't come true then it can also trigger emotions to end up chasing losses and as you said that however chasing losses is an idea that will actually only lead a gambler to a worse situation, so remove all those feelings and hopes for a win.

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May 14, 2024, 02:05:13 PM
 #112

Chased loss, got it back and lost everything. I believe there is a thread that discussed about never chase a loss in here and I agree with that statment because gambling especially in game like slot crash and other game is 50.50 for me is pure luck so if you lose from it and you chasing the loss is totally wrong because the chance is still 50 50 or even less than that.

Dont let emotion take control of your body if you chasse a loss but still in a budget that fine but if your budget already gone never do deposit again

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May 14, 2024, 04:23:11 PM
 #113

Old but Gold story. This is a condition that is difficult to prevent when someone has started to lose control of themselves. I have also done the same thing and often do the same thing, I feel that today's losses might be win when I come back tomorrow, but I never got the expected win. Chasing losses became something I considered normal, even though this caused me more losses than wins. I also once hoped to be able to catch up with the loss and get it back, but I try to be realistic, this is impossible for me to achieve.
Yes, that has happened to many gamblers. Those who lose at gambling will still try to recover their losses. Some of them managed to recover but they did not want to stop gambling and instead chose to continue it.

They failed to win and recover from their defeat. However, they can incur double the losses because they choose to continue gambling. Chasing losses and losing more will be very painful.

That is why we should use money we can afford to lose when we gamble. That is to avoid wanting to recover our previous losses. Apart from that, we will not be able to enjoy the gambling game because we will think about recovering our losses first.

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May 14, 2024, 04:47:42 PM
 #114

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.


This is otherwise a food for thought to alot gamblers that tend to overlook this scenario and go about chasing after losses of no return.
And it's thus an eye opener for all who seem not to heed to any advice as pertaining Gambling and all that concerns it and in every aspects of chasing after ones loss will results in a total loss then there should be an amendment and change of strategies for a while.

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May 14, 2024, 05:05:09 PM
 #115

Chased loss, got it back and lost everything. I believe there is a thread that discussed about never chase a loss in here and I agree with that statment because gambling especially in game like slot crash and other game is 50.50 for me is pure luck so if you lose from it and you chasing the loss is totally wrong because the chance is still 50 50 or even less than that.

Dont let emotion take control of your body if you chasse a loss but still in a budget that fine but if your budget already gone never do deposit again

Yes, gambling, especially the type of slot game or crash game, is a game that only relies on luck, meaning that chasing losses in gambling will never be useful and in fact, in the end, as in several cases that have often happened, they end up experiencing a much larger amount of loss or loss. but strangely enough they still carried out this idea, and I am sure one of the reasons was because of the enormous encouragement of hope and belief in their minds.

I think they have to re-understand what luck really is, especially how it works, because as we know, luck is something that will come suddenly and happen by chance without ever knowing beforehand, and this is also the reason sometimes when we come without any hope of winning but the result at the end of the session is winning, that means luck comes even though we don't expect it and this also means that luck is the only thing that can lead you to actual victory. So I think if a gambler understands how luck works then I think it is less likely for them to overact like chasing losses, because they understand that after all the odds are still 50:50 as you said.

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May 14, 2024, 06:56:48 PM
 #116

Chased loss, got it back and lost everything. I believe there is a thread that discussed about never chase a loss in here and I agree with that statment because gambling especially in game like slot crash and other game is 50.50 for me is pure luck so if you lose from it and you chasing the loss is totally wrong because the chance is still 50 50 or even less than that.

Dont let emotion take control of your body if you chasse a loss but still in a budget that fine but if your budget already gone never do deposit again

Yes, gambling, especially the type of slot game or crash game, is a game that only relies on luck, meaning that chasing losses in gambling will never be useful and in fact, in the end, as in several cases that have often happened, they end up experiencing a much larger amount of loss or loss. but strangely enough they still carried out this idea, and I am sure one of the reasons was because of the enormous encouragement of hope and belief in their minds.

I think they have to re-understand what luck really is, especially how it works, because as we know, luck is something that will come suddenly and happen by chance without ever knowing beforehand, and this is also the reason sometimes when we come without any hope of winning but the result at the end of the session is winning, that means luck comes even though we don't expect it and this also means that luck is the only thing that can lead you to actual victory. So I think if a gambler understands how luck works then I think it is less likely for them to overact like chasing losses, because they understand that after all the odds are still 50:50 as you said.

Gambling isn't runned on the basis of gamblers winning or in anyway wants you to win. It a game of probability which is unpredictable you only need to just accept any outcome as far as you risk responsibly. This alone should stick to our brains, thus modify how we risk and thinking towards gambling.

For me gambling after a loss isn't chasing  if your amount (limit) haven't been met. It only wrong when you gamble after exceeding your limit, even in time of winning if after any win you keep gambling even after your limit have been met you are still chasing.

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May 14, 2024, 08:58:02 PM
 #117

Chased loss, got it back and lost everything. I believe there is a thread that discussed about never chase a loss in here and I agree with that statment because gambling especially in game like slot crash and other game is 50.50 for me is pure luck so if you lose from it and you chasing the loss is totally wrong because the chance is still 50 50 or even less than that.

Dont let emotion take control of your body if you chasse a loss but still in a budget that fine but if your budget already gone never do deposit again

Yes, gambling, especially the type of slot game or crash game, is a game that only relies on luck, meaning that chasing losses in gambling will never be useful and in fact, in the end, as in several cases that have often happened, they end up experiencing a much larger amount of loss or loss. but strangely enough they still carried out this idea, and I am sure one of the reasons was because of the enormous encouragement of hope and belief in their minds.

I think they have to re-understand what luck really is, especially how it works, because as we know, luck is something that will come suddenly and happen by chance without ever knowing beforehand, and this is also the reason sometimes when we come without any hope of winning but the result at the end of the session is winning, that means luck comes even though we don't expect it and this also means that luck is the only thing that can lead you to actual victory. So I think if a gambler understands how luck works then I think it is less likely for them to overact like chasing losses, because they understand that after all the odds are still 50:50 as you said.

Gambling isn't runned on the basis of gamblers winning or in anyway wants you to win. It a game of probability which is unpredictable you only need to just accept any outcome as far as you risk responsibly. This alone should stick to our brains, thus modify how we risk and thinking towards gambling.

For me gambling after a loss isn't chasing  if your amount (limit) haven't been met. It only wrong when you gamble after exceeding your limit, even in time of winning if after any win you keep gambling even after your limit have been met you are still chasing.
Acceptance and awareness

These are the things that you would really be needing so that you wont really be messing up your life with gambling because if you do find yourself having that kind of problem then you would really be ending up
devastated because of gambling because you would really be losing it all in the end of the line. Yes, there might be some time that you do able to win up but since you are aiming for money then you would be basically be continuing on what you are doing on which you would be playing even more. We do know that luck isnt always on our side all the time or simply it would really be just that temporal.

One of the main reason on why gambling industry is really that profitable is just because people are really that too having that kind of greed inside them or for the love on making money.
On the time that you would be having this kind of insight towards gambling then you are just basically putting up yourself such on harm.

R


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May 15, 2024, 02:36:55 PM
 #118

Yes, gambling, especially the type of slot game or crash game, is a game that only relies on luck, meaning that chasing losses in gambling will never be useful and in fact, in the end, as in several cases that have often happened, they end up experiencing a much larger amount of loss or loss. but strangely enough they still carried out this idea, and I am sure one of the reasons was because of the enormous encouragement of hope and belief in their minds.

I think they have to re-understand what luck really is, especially how it works, because as we know, luck is something that will come suddenly and happen by chance without ever knowing beforehand, and this is also the reason sometimes when we come without any hope of winning but the result at the end of the session is winning, that means luck comes even though we don't expect it and this also means that luck is the only thing that can lead you to actual victory. So I think if a gambler understands how luck works then I think it is less likely for them to overact like chasing losses, because they understand that after all the odds are still 50:50 as you said.

Gambling isn't runned on the basis of gamblers winning or in anyway wants you to win. It a game of probability which is unpredictable you only need to just accept any outcome as far as you risk responsibly. This alone should stick to our brains, thus modify how we risk and thinking towards gambling.

For me gambling after a loss isn't chasing  if your amount (limit) haven't been met. It only wrong when you gamble after exceeding your limit, even in time of winning if after any win you keep gambling even after your limit have been met you are still chasing.

True, and this is the reason why a gambler is more advised to only put the amount of money that they can afford to be responsible for, not least because after all as you said above that gambling is a game of probability which means it is nothing more than a game of "possibility" that will lead you to two results at the end of the session between winning or losing, and we must first understand that winning is nothing more than a chance while losing is a risk that will inevitably occur when we are away from luck.

Gambling after losing is not chasing losses? I think for this issue depends on how the intention of a gambler, and we must understand that the name chasing losses means that a gambler is unable to accept the reality of losing and also the name chasing losses is usually always based on emotions because of the desire to restore something that has been lost, and I think we already understand that emotions are always the trigger for many mistakes in terms of decision making, meaning that gambling with the intention of chasing losses is an action that will lead them to a greater amount of loss or that will make them exceed the limits they can be responsible for.

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May 19, 2024, 03:17:45 AM
 #119

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.


This is otherwise a food for thought to alot gamblers that tend to overlook this scenario and go about chasing after losses of no return.
And it's thus an eye opener for all who seem not to heed to any advice as pertaining Gambling and all that concerns it and in every aspects of chasing after ones loss will results in a total loss then there should be an amendment and change of strategies for a while.
It is difficult this will actually happen and I will tell you why, when people lose some money while gambling, they begin to chase their losses, and believe it or not recovering their money is a relatively common experience, so when they lose more money as a result of chasing their losses, instead of thinking about their last loss as a definitive one, they just see it as a temporary setback.

So in their minds it is still possible to recover all their money as long as they persevere, and while for a neutral observer they may seem to be digging the hole in which they are even deeper, they see something completely different and will only change their minds once the hole in which they are is enormous and they have no way out.
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May 19, 2024, 03:39:29 AM
 #120

That's probably the most sad thing and pathetic thing to happen to someone though, some might say that he could've just went with stopping when he got all the money back but you don't understand that this person is an addict and they've got no way to stop even when things are in their favor like this one, his mind must've been thinking about trying to gamble because he's basically back to zero losses but he's got all the money that he got from successfully chasing those losses. Never had this kind of thing happen to me or have heard of this kind of thing from my friends or anything, it's such a stupid move when you're an outside perspective but understand this fact that in that situation, you're probably so deep in that addiction that it's not going to register to you as a stupid move, I don't feel bad for this kind of people especially those that justify their actions, if they had the control then they would've done something about it right?



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