Did gambling losses are traps to new game

[Dewi Aries]

Another thing is that I also believe that someone who always tries to chase losses in gambling will eventually suffer a lot of problems like what you said and it's true because I think it's a common thing that many gamblers have experienced many downturns when trying to carry out the idea to achieve recovery

The most results that gamblers will get upon chasing losses won't be good, we can be the living proof of it because whenever we chase our losses, nothing comes good out of it.

On the other hand I will not conclude that chasing losses in gambling will never work, because everyone will always have a situation where they are faced with luck in themselves, in the sense that there is a possibility that when in the stage of chasing losses their luck comes at the right time which could be that they get a very large win that makes them succeed in achieving recovery, although it rarely happens but the possibility will still remain, but the problem is that most of the gamblers who managed to reach the situation wasted the situation instead, or in the sense that instead of securing the amount of winnings that managed to make them recover but most of them continue the game which means they cannot ignore the greed in themselves and when it turns out that in the next session the results are not appropriate then this is where the problem will continue where the amount of their losses is getting bigger and they get more emotional when faced with the situation, so this is another reason why chasing losses is always not recommended.

and the downturn can be even more tragic when the money you use to chase losses is money borrowed.

I agree because the problem might be bigger than that when a gambler develops that thought of chasing losses. And not just borrowing money but even selling important things that they're able to buy through saving and hard work.

Chasing losses is always a bad idea that is always forbidden by everyone, and when someone chases losses using borrowed money then it is clear as I said above that the problem will be bigger when everything is not what we expected, and the biggest problem is the possibility that someone can get into debt, because I am not sure that they will only take a loan once, and also because in some cases the loan is always used as an alternative by gamblers to fund their gambling habits, they don't think about how they're going to pay it back and it's because of this kind of thinking that they end up having debt problems where a lot of loan services are charging them by coming to their house which is a situation that will continue if you don't pay all your debts immediately and obviously what this means is that gambling with borrowed money will eventually make our lives full of unusual tensions and pressures.

[Bravut]

The most results that gamblers will get upon chasing losses won't be good, we can be the living proof of it because whenever we chase our losses, nothing comes good out of it.

True. But the way I see chasing of losses is different from your view, a gambler cam decide to chase loss which I see as gambling again after a loss is incurred as far as his limit for that day or money allocated is not exhausted. I do not see that as chasing loss, but when your money is finished or you have reach your limit still you breach it then I can say a gambler is chasing a loss, simply gambling to recover is not a problem and I don't see any possible damage there.

The truth remains, self discipline, moderation and Money Management over everything when it comes to gambling.

[Frankolala]

The most results that gamblers will get upon chasing losses won't be good, we can be the living proof of it because whenever we chase our losses, nothing comes good out of it.

True. But the way I see chasing of losses is different from your view, a gambler cam decide to chase loss which I see as gambling again after a loss is incurred as far as his limit for that day or money allocated is not exhausted. I do not see that as chasing loss, but when your money is finished or you have reach your limit still you breach it then I can say a gambler is chasing a loss, simply gambling to recover is not a problem and I don't see any possible damage there.

The truth remains, self discipline, moderation and Money Management over everything when it comes to gambling.

If you have a gamble budget for the day and you gamble without winning any of the game till you exhaust your gamble budget for that day, does not mean that you are chasing your losses because you are discipline enough to have a gamble budget and you will not go beyond it, no matter the losses you incur. Loss chasing refers to gamblers who does not have any gambling budget, but rather gbke more than the amount that they can afford to lose. Since it is the amount that they cannot afford to lose, this will trigger their emotion and they will want to gamble more believing that they can win back what the have lost.

It is bad to chase your losses and the fact remains that you cannot recover what you have lost, this is the wrong mindset that some gamblers have. The reason why I said so is because if you think you can recover your losses, it will trigger you to continue gambling even when you have exhausted your gambke budget. This will lead to lack of self control and addiction because you will be gambling whenever you think you can recover your losses.

[Dr.Bitcoin_Strange]

The most results that gamblers will get upon chasing losses won't be good, we can be the living proof of it because whenever we chase our losses, nothing comes good out of it.

I do not see that as chasing loss, but when your money is finished or you have reach your limit still you breach it then I can say a gambler is chasing a loss, simply gambling to recover is not a problem and I don't see any possible damage there.

Chasing losses can happen in two ways. The first one, which you have explained, is when the gambler has spent all the money intended to be used for that day and goes ahead to add more deposits so they can continue gambling if they can win back what has been lost. 

The second one, which I think happens to some gamblers, is the foolhardy gambling pattern. From the beginning, the gambler can be cool and managing his bankroll effectively, but because they have encountered several losses, they get upset and want to take a break at that moment, but yet they are not convinced to stop; they feel that if they leave, that was when their luck might have come, and with such a mindset, they will keep gambling revengefully; they don't apply good bankroll management again; they are just 100%submissive to luck at that moment. If you ask them why, they would say they have tried their best to be cool, but they didn't win, so let them try something crazy. 

[carlfebz2]

The most results that gamblers will get upon chasing losses won't be good, we can be the living proof of it because whenever we chase our losses, nothing comes good out of it.

True. But the way I see chasing of losses is different from your view, a gambler cam decide to chase loss which I see as gambling again after a loss is incurred as far as his limit for that day or money allocated is not exhausted. I do not see that as chasing loss, but when your money is finished or you have reach your limit still you breach it then I can say a gambler is chasing a loss, simply gambling to recover is not a problem and I don't see any possible damage there.

The truth remains, self discipline, moderation and Money Management over everything when it comes to gambling.

If you have a gamble budget for the day and you gamble without winning any of the game till you exhaust your gamble budget for that day, does not mean that you are chasing your losses because you are discipline enough to have a gamble budget and you will not go beyond it, no matter the losses you incur. Loss chasing refers to gamblers who does not have any gambling budget, but rather gbke more than the amount that they can afford to lose. Since it is the amount that they cannot afford to lose, this will trigger their emotion and they will want to gamble more believing that they can win back what the have lost.

It is bad to chase your losses and the fact remains that you cannot recover what you have lost, this is the wrong mindset that some gamblers have. The reason why I said so is because if you think you can recover your losses, it will trigger you to continue gambling even when you have exhausted your gambke budget. This will lead to lack of self control and addiction because you will be gambling whenever you think you can recover your losses.

On the moment you do make yourself bust all the capital or bankroll you do have on that particular day and didnt able to make out some other deposit then this do simply means that you do have that proper
control towards yourself and with your emotion on which this is really that a common that you might be able to changed up your mindset on the moment that you would be experiencing loses.
You would really be having that kind of hard time on the moment that you would be trying out to stop on the moment you've find yourself having that urge on playing more because you are trying to chase up your loses. Just like been said by others is that on the moment that you had find yourself having that kind of approach and mindset then it would really be that so hard on trying out to sustain yourself
and might be depositing even more.

[klidex]

In a way, it is. Gambling is a trap for addict players who cannot control their urge to gambling frequently.
It becomes a trap because the gambler loses all what he has got in the process of recovering losses.
It's not necessarily the same for others. It's a fun thing and a good entertainment for many people.
So it becomes subjective as the same thing might be good for one and bad for the other.

Yes, you are right, losing is a trap for someone who gambles, not just addicts, even those who are not addicted feel lured into making deposits and chasing their losses, and over time it can also lead to gambling addiction, and usually if they are lured into continuing to gamble, they we will increasingly lose control and lose the finances we have, therefore we should not easily get trapped if we have experienced defeat, it is better to stop gambling when the initial capital has run out and not try to chase these losses and stop for a while to calm our minds.

People who experience defeat are usually filled with emotions and find it difficult to control themselves and they are easily caught in the trap of continuing to play. It is indeed difficult to control ourselves when we have experienced a big loss, therefore before deciding to gamble, it is better for us to prepare ourselves mentally. be ready to face defeat that will occur so don't just think about winning but also think about the risks faced so that we remain controlled so as not to do things that are more detrimental because we are too chasing defeat.

[South Park]

If you have a gamble budget for the day and you gamble without winning any of the game till you exhaust your gamble budget for that day, does not mean that you are chasing your losses because you are discipline enough to have a gamble budget and you will not go beyond it, no matter the losses you incur. Loss chasing refers to gamblers who does not have any gambling budget, but rather gbke more than the amount that they can afford to lose. Since it is the amount that they cannot afford to lose, this will trigger their emotion and they will want to gamble more believing that they can win back what the have lost.

It is bad to chase your losses and the fact remains that you cannot recover what you have lost, this is the wrong mindset that some gamblers have. The reason why I said so is because if you think you can recover your losses, it will trigger you to continue gambling even when you have exhausted your gambke budget. This will lead to lack of self control and addiction because you will be gambling whenever you think you can recover your losses.

Gamblers should think about the money they use for gambling as already lost, after all if you buy a video game, you do not really try to find ways to recover your money from the publisher if you liked it, you are just happy with what you got and enjoy your time playing the video game that you bought, and people should do the same with gambling, this way by considering that money as gone already, they will not be tempted to chase their losses, which is one of the more important factors which could lead a person towards addiction.

[Lanatsa]

In a way, it is. Gambling is a trap for addict players who cannot control their urge to gambling frequently.
It becomes a trap because the gambler loses all what he has got in the process of recovering losses.
It's not necessarily the same for others. It's a fun thing and a good entertainment for many people.
So it becomes subjective as the same thing might be good for one and bad for the other.

Yes, you are right, losing is a trap for someone who gambles, not just addicts, even those who are not addicted feel lured into making deposits and chasing their losses, and over time it can also lead to gambling addiction, and usually if they are lured into continuing to gamble, they we will increasingly lose control and lose the finances we have, therefore we should not easily get trapped if we have experienced defeat, it is better to stop gambling when the initial capital has run out and not try to chase these losses and stop for a while to calm our minds.

People who experience defeat are usually filled with emotions and find it difficult to control themselves and they are easily caught in the trap of continuing to play. It is indeed difficult to control ourselves when we have experienced a big loss, therefore before deciding to gamble, it is better for us to prepare ourselves mentally. be ready to face defeat that will occur so don't just think about winning but also think about the risks faced so that we remain controlled so as not to do things that are more detrimental because we are too chasing defeat.

Its not really that a trap if you do really just that simply make yourself not to fall out with that kind of emotion on which you would really be letting yourself that out of control specially on spending up your money
on gambling because if you are really just that sensible on the actions that you are making then you wont really be finding any problems even if you do deal up with gambling. Gambling should really be just that for fun and entertaintment.The only issue for most people is that they do really lost control at the moment that they do lose money. If you arent that good on handling your emotions then most likely this would really be ending up on being a trap on which this could really that urge you to play even more. This is why gambling business is really that profitable into its owners because gamblers are really that trying out to break even on what they do have lost.

Chasing up loses is never been that good and at the moment you do find yourself on such condition then consider yourself to be that gradually addicted with gambling on which this isnt something good
or something that will really be that recommended. Dont make yourself comes into a point that you would be losing on everything. Moderation and control would be the key
so that in the end you wont be finding or making any problems in towards your finances.

[DaNNy001]

If you have a gamble budget for the day and you gamble without winning any of the game till you exhaust your gamble budget for that day, does not mean that you are chasing your losses because you are discipline enough to have a gamble budget and you will not go beyond it, no matter the losses you incur. Loss chasing refers to gamblers who does not have any gambling budget, but rather gbke more than the amount that they can afford to lose. Since it is the amount that they cannot afford to lose, this will trigger their emotion and they will want to gamble more believing that they can win back what the have lost.

It is bad to chase your losses and the fact remains that you cannot recover what you have lost, this is the wrong mindset that some gamblers have. The reason why I said so is because if you think you can recover your losses, it will trigger you to continue gambling even when you have exhausted your gambke budget. This will lead to lack of self control and addiction because you will be gambling whenever you think you can recover your losses.

Gamblers should think about the money they use for gambling as already lost, after all if you buy a video game, you do not really try to find ways to recover your money from the publisher if you liked it, you are just happy with what you got and enjoy your time playing the video game that you bought, and people should do the same with gambling, this way by considering that money as gone already, they will not be tempted to chase their losses, which is one of the more important factors which could lead a person towards addiction.

All I can is that it's easier said that done. It's easy to say to a desperate gambler not to chase after his loses and it's even more easier to tell him to stop gambling but the real deal is that, is he even going to give you a listening ear. Sometimes gambler get so trapped in the act that they totally forget whatever they are doing even if what or where they are going is completely showing and reeking of red flag, they find it hard to stop untill they have successfully seen the end result to their actions and that's why my only advice is that people should just don't regret whatever actions they take when gambling because it's all part of the process rather learn how to know when things are getting all spoilt for you @losing streak.

[pawanjain]

In a way, it is. Gambling is a trap for addict players who cannot control their urge to gambling frequently.
It becomes a trap because the gambler loses all what he has got in the process of recovering losses.
It's not necessarily the same for others. It's a fun thing and a good entertainment for many people.
So it becomes subjective as the same thing might be good for one and bad for the other.

Yes, you are right, losing is a trap for someone who gambles, not just addicts, even those who are not addicted feel lured into making deposits and chasing their losses, and over time it can also lead to gambling addiction, and usually if they are lured into continuing to gamble, they we will increasingly lose control and lose the finances we have, therefore we should not easily get trapped if we have experienced defeat, it is better to stop gambling when the initial capital has run out and not try to chase these losses and stop for a while to calm our minds.

People who experience defeat are usually filled with emotions and find it difficult to control themselves and they are easily caught in the trap of continuing to play. It is indeed difficult to control ourselves when we have experienced a big loss, therefore before deciding to gamble, it is better for us to prepare ourselves mentally. be ready to face defeat that will occur so don't just think about winning but also think about the risks faced so that we remain controlled so as not to do things that are more detrimental because we are too chasing defeat.

Its not really that a trap if you do really just that simply make yourself not to fall out with that kind of emotion on which you would really be letting yourself that out of control specially on spending up your money
on gambling because if you are really just that sensible on the actions that you are making then you wont really be finding any problems even if you do deal up with gambling. Gambling should really be just that for fun and entertaintment.The only issue for most people is that they do really lost control at the moment that they do lose money. If you arent that good on handling your emotions then most likely this would really be ending up on being a trap on which this could really that urge you to play even more. This is why gambling business is really that profitable into its owners because gamblers are really that trying out to break even on what they do have lost.

Chasing up loses is never been that good and at the moment you do find yourself on such condition then consider yourself to be that gradually addicted with gambling on which this isnt something good
or something that will really be that recommended. Dont make yourself comes into a point that you would be losing on everything. Moderation and control would be the key
so that in the end you wont be finding or making any problems in towards your finances.

But that's the thing right, if you gamble and keep chasing losses then it becomes a habit which eventually turns out into addiction.
Once a gambler gets addicted then gambling becomes a trap for him as I have mentioned in my previous post.
I find it applicable only to those people who cannot control their emotions in gambling and run over budget towards gambling.

[LUCKMCFLY]

I read a headline where a man was arrested somewhere outside the country. The reason for the arrest was because he left his little kids alone in the house and went to gamble at a casino far from his house. It's terrible how gambling addiction has treated some people. 

One of the things that we must have before carrying out any gambling or sports betting activity is that we must not leave aside what is important to us, such as our family and especially our children, what that person did was a great irresponsibility, I believe that in any country what he did is punishable by law, what he did is a fiasco, I would never in my life leave my children alone, irresponsibility is something that we should not admit, so in this aspect we must be consistent with our actions, obviously a person who has left their children stranded like this and a person who cannot have guardianship of them, addiction makes people do crazy things.

[Casdinyard]

When I had meet my friends last Sunday,We had discussed about this topic.We are friends based on our gambling interest and all of us are the gamblers.I had already mentioned about my friend who loss 2k in this below thread also take part in our meeting.

https://bitcointalk.org/index.php?topic=5493038.0

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

With my experience,I had use to win and loss based on the time I am playing the game.If I had the gambling at the sleeping mood,most of the time.I had loss the capital money in the gambling site.The winning also depends upon the gambling experience,many gamblers use to play the game based on the game experience.But some gamblers think the gambling was based on the luck,So they only do the random betting in the gambling site.The reason for most of the loss in the gambling sites are repeating the same algorithm in the gambling site after the gambling site change their algorithm to the game.

Did you guys trust on gambling algorithms or do the random betting in the gambling site to check the current luck in the gambling sites…

What you do with money when you’re a gambling addict is pretty much definitive in itself. But when you’re not addicted to gambling? It can definitely be a spectrum, and highly dependent upon your general vibe during the moment you lost the money.

As for myself I might actually just leave it at that, I have a threshold per se of how much money I’d be willing to lose willy-nilly, and losing that much with me being aware of it? I might just actually give myself some stern talking to lol.

If it’s smaller than that the high-rolling gambler in me will prevail. Might even throw a little encouragement on myself just so I continue gambling lol.


In any case it’s definitely a spectrum for me, but for people who already dug their own graves, it’s something else.

[Nwada001]

He keep on playing the gambling with some loans from our friends circle to manage the 2000 dollars previous loss.But the result is both positive and negative based on his luck.One of my gambling friend said this “Gambling losses are the traps for the gamblers to get into gambling again.”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.

With my own experience, the more you lose to gambling and try to recover the losses you have made over the past, the harder it will appear to be. You will keep on losing and win a few, and the losses you record will continue to increase, which will reduce your chances of recovering the money to the minimum level.

Those who don't understand that chasing their losses will only end up incurring more losses to themselves.
 
The best I always do if I find myself losing much to the game is to take a break and never recover those lost funds in my mind. I just gamble whenever I see reason to, and if I win, I take it as my profit for the day without using my previous losses to condemn what could have given me joy.

[Wakate]

The most results that gamblers will get upon chasing losses won't be good, we can be the living proof of it because whenever we chase our losses, nothing comes good out of it.

True. But the way I see chasing of losses is different from your view, a gambler cam decide to chase loss which I see as gambling again after a loss is incurred as far as his limit for that day or money allocated is not exhausted. I do not see that as chasing loss, but when your money is finished or you have reach your limit still you breach it then I can say a gambler is chasing a loss, simply gambling to recover is not a problem and I don't see any possible damage there.

The truth remains, self discipline, moderation and Money Management over everything when it comes to gambling.

This could be true to ignorant gamblers. Why would someone wants to chase their losses when it is obvious that gambling is risky and when we are attempting to chase loses, we could end up losing more depending on the actual bet and the pattern used to bet. Gamblers are meant to be responsible and be wise when taking some certain decisions. For us to keep making money, we can always endeavor to take risk that we can afford to take so that we are not going to be losing in betting. Gambling is more of luck so we don't need to think that we can be making profits every time when we don't have the luck or the right strategy.

[teamsherry]

All I know is chasing loses is bad and can result to lose of more funds, it should be controlled and its not right you use pressure from loses to try to gain your money back cause your emotions are not right for you to make right decisions.

[LUCKMCFLY]

What I like about crypto gambling is the privacy since we don't need to provide personal details like debit and credit cards payment do or even fiat. Crypto value our privacy as a bettor but the only thing here is that when we create accounts on gambling platforms I think that will always require KYC. Fully decentralized casinos are I think telegram casinos though I haven't tried one yet but some say it is risky as well.

Yoir right crypto has helped innovate thigns a little, not only has privacy been increased but problems of funding your account from anywhere in the world that crypto is not banned you can do that seamlessly and easily without having to worri about bank networks or all those headaches.

Well, the privacy thing is already something that is discussed in "" (quotes) because things in all the casinos are already requiring KYC, and for me that is the end of privacy, in addition to the exchanges, most do not have monero and it is the currency that gives the most privacy and anonymity, personally I am a person who will always not doubt crypto technology, Bitcoin for me is the best invention of man, because it is the best alternative economy that could have been created, there is no other, and it is something that has helped many, however, everything that is done well, well we cannot deny it, but privacy and anonymity are already biased.

[livingfree]

All I know is chasing loses is bad and can result to lose of more funds, it should be controlled and its not right you use pressure from loses to try to gain your money back cause your emotions are not right for you to make right decisions.

That is the justification for most cases so that they'll be pushing themselves to gamble some more to have that double purpose.

First, is to recover their losses.

Second, to keep the fun going. Gambling is fun but when it's too much, you have to deal with the consequences and losing isn't fun and that's why you have to control yourself in that regard.

Otherwise, losing more money is one of your considerations as you do it but I guess no one wants to lose forever and the cycle repeats back if you can't notice it.

[Dr.Bitcoin_Strange]

I read a headline where a man was arrested somewhere outside the country. The reason for the arrest was because he left his little kids alone in the house and went to gamble at a casino far from his house. It's terrible how gambling addiction has treated some people. 

One of the things that we must have before carrying out any gambling or sports betting activity is that we must not leave aside what is important to us, such as our family and especially our children, what that person did was a great irresponsibility, I believe that in any country what he did is punishable by law, what he did is a fiasco, I would never in my life leave my children alone, irresponsibility is something that we should not admit, so in this aspect we must be consistent with our actions, obviously a person who has left their children stranded like this and a person who cannot have guardianship of them, addiction makes people do crazy things.

My brother, you are right; gambling addiction can actually make people do crazy things. I was really surprised and annoyed when I read that story. What was just going through my mind was, "What if the kind had harmed themselves?"" We all know how a child can be when they are playing; if there is no attention from a guardian, they can accidentally injure themselves. I really cannot exhibit such an attitude around my kids.

In my country, there was a woman who lost her child to a domestic accident. The child ingested a drug, and it was an overdose, so even before they could rush the child to the hospital, he had already given up the ghost. This is something that can happen when parents shift their attention away from their children, and if a gambler is exhibiting such an attitude, it can cause harm to the children. 

[Dewi Aries]

All I know is chasing loses is bad and can result to lose of more funds, it should be controlled and its not right you use pressure from loses to try to gain your money back cause your emotions are not right for you to make right decisions.

One of the reasons why chasing losses cannot always be justified is because gambling does not depend on anything, and also the results in each session carried out by gamblers will always be different, or in the sense that if, for example, now you lose, it does not mean that in the next session you will lose. will be able to win with the intention of pursuing these losses, or simply in different gambling times the results will be different at the end of the session, and I think that is a natural thing when we talk about gambling.

Because after all this is what is called an activity that does not have any certainty or guarantee to produce victory at the end of the session, meaning that victory is nothing more than a "possibility" and defeat is part of the certainty that will continue to lurk, on the other hand I am not saying that every time if you chase losses then you will always lose, because basically if you are lucky then you will also win, but if this idea is carried out in the long term then that will be a disaster that makes them experience a greater number of losses.

[stomachgrowls]

All I know is chasing loses is bad and can result to lose of more funds, it should be controlled and its not right you use pressure from loses to try to gain your money back cause your emotions are not right for you to make right decisions.

That is the justification for most cases so that they'll be pushing themselves to gamble some more to have that double purpose.

First, is to recover their losses.

Second, to keep the fun going. Gambling is fun but when it's too much, you have to deal with the consequences and losing isn't fun and that's why you have to control yourself in that regard.

Otherwise, losing more money is one of your considerations as you do it but I guess no one wants to lose forever and the cycle repeats back if you can't notice it.

3rd is to make money.

These 3 would really be the main reasons on why gamblers do really pushout their limit and plays gamblign no matter what because of those conditions on which it cant really be denied that there would really be that kind of persistence at the moment that you do have that kind of mindset specially on the moment that you are chasing up your loses on which this is something that motivates you to play plus having those kind of hopes on winning big then it would really be adding up the overall feelings that you do have on which this is something that you should really be that careful or something that you would really be needing up to have that control.

At the moment that you cant be able to resist such thing then the moment that you would really be consider on stopping is on the moment that you would be able to experience those huge loses on which
this has been a typical thing to happen. Regrets do always come at the end and it would really be better that you should really know on what you are doing if you dont like that kind of
disastrous condition.