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Author Topic: Why People Naturally Chase loses in gambling..  (Read 646 times)
slapper
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May 19, 2024, 11:25:11 AM
 #121

~snip~
Acceptance would be the key and this is something the main issue for most gamblers on which they wont really be accepting that they are on the losers side and since we do have that ego then of course you would really be trying out to break those loses or trying to chase and this what makes the situation even more worst because of such mindset. Its natural because human beings do really hate on losing money on which means that on the moment that they would really be losing then it would really be just that what comes next will really be trying out to breakeven until they would be busting up themselves in this regard.

This is why gambling industry is really that becomes profitable just because of this kind of common behavior on which people would really be continuing to play no matter what
and as long they wont really be that become satisfied then they would really be definitely be having that trying to continue no matter what. This is something that you
will really be definitely be able to see and pretty obvious within this market.
Acceptance is crucial, but it's not weakness or giving up. Being a goddamn savage who knows the game. Problem gamblers get engaged in this cycle of denial and pursuing losses because they don't understand their risk. Gamblers know this and exploit it. They build showy castles to hook you. You do what? Change your thinking, dude! Know the chances are against you. Math, not magic. You should play, but smartly. Set and follow limitations. Leave if you lose. Consider it amusement, not retirement.

Another thing: behaviour change. Accepting losses is the first stepe. Avoid making the industry your adversary. Gambling culture must change. Make responsible gambling standard. Give them the tools and education to comprehend probability and recognise emotional hijacking. Gamblers should be empowered to make informed decisions, not only avoid losses

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May 19, 2024, 12:03:44 PM
 #122

Many people have different way of understanding gambling it does not necessarily mean that when you lose money in gambling you must recover it if you are planning to recover the money you lose in gambling that will make you to be a gambling addict, so for my own basic understanding of gambling I know quite to well that you have to follow some procedures

It is true that you said that everyone has a different point of view or understanding regarding gambling, as we know and maybe you have often seen about various opinions of others who say about gamblers who only see gambling in terms of opportunities to "multiply" their money, which means that they are people who do not understand how gambling is actually so that in the end they take various actions that are not recommended such as chasing losses as you said.

While there are also some gamblers who always put a lot of caution and when they lose they usually tend to be more careful and also reinforce themselves to stay in the same mindset not to take various actions that can endanger themselves, and usually they are gamblers who understand that gambling is nothing more than a game that requires a certain amount of money so that they can get involved to be able to access the game and they also understand that gambling is a risky game, so this is what makes them not chase losses when they lose because they know that it is an action that will ultimately only endanger themselves more.

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May 19, 2024, 12:32:45 PM
 #123

Humans are born with a natural tendency to want more than they have. If this is applied to a gambler then the point would be that when a gambler participates in gambling he has a tendency in his mind to profit. Every gambler bets in gambling only for profit. In this case, if a gambler loses in a bet, then from his innate habit, the tempting nature of recovering the loss of that bet is created. A gambler continues to gamble despite repeated losses due to an irresistible allure to recover losses. If at any time he loses the bet several times, he cannot establish himself but is liable to go bankrupt, in the same way that a gambler who keeps betting after repeated losses will go bankrupt.

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May 19, 2024, 12:57:35 PM
 #124

Many people have different way of understanding gambling it does not necessarily mean that when you lose money in gambling you must recover it if you are planning to recover the money you lose in gambling that will make you to be a gambling addict, so for my own basic understanding of gambling I know quite to well that you have to follow some procedures
Even if people have a different way of understanding gambling, they should agree that gambling is just for fun and not for makes money. They must not trying to recover their lose in gambling because that can add more losses which they will difficult to gets their money back. If people still chase their lose, that will be normal because people doesn't wants to see their money lose, especially in gambling. But they don't realizes about losing more money if they keeps playing gambling because their minds are close by the temptation of gambling so they will not stops playing gambling. Even if they deposit more money, that doesn't mean they can wins in gambling because wins in gambling is difficult and many people already tried that but they still lose their money even bigger money.

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May 19, 2024, 01:20:07 PM
 #125

The biggest reason for losing in gambling is trying to recover the loss gambling losses can never be recovered. Gamblers who do this will become addicted and lose everything which will wreak havoc on their normal lives. Avoiding problems will lead to feelings of guilt anxiety or depression gambling more trying to recover lost money chasing losses increasing the tendency to lie to family members or others to hide the extent of your gambling. So never try to recoup the losses as the risk will be lower and the number of losses will be reduced.
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May 19, 2024, 01:30:25 PM
 #126

Humans are born with a natural tendency to want more than they have. If this is applied to a gambler then the point would be that when a gambler participates in gambling he has a tendency in his mind to profit. Every gambler bets in gambling only for profit. In this case, if a gambler loses in a bet, then from his innate habit, the tempting nature of recovering the loss of that bet is created. A gambler continues to gamble despite repeated losses due to an irresistible allure to recover losses. If at any time he loses the bet several times, he cannot establish himself but is liable to go bankrupt, in the same way that a gambler who keeps betting after repeated losses will go bankrupt.

That's true , that's why you can't say one should off his emotions, but rather learn how to control it . Because we all know that greed is one of those common emotions, and these kind of emotions are controllable. Because most time , most people can't control thwyr emotions which may lead to a lot of losses most time .

Many people have different way of understanding gambling it does not necessarily mean that when you lose money in gambling you must recover it if you are planning to recover the money you lose in gambling that will make you to be a gambling addict, so for my own basic understanding of gambling I know quite to well that you have to follow some procedures

Not only lead to gambling addiction, it may also lead to alot of mental issues, due to the loses and all that . Well still it ain't right to try and recover losses . Just accept the losses and try another time, as time goes on one will surely hit the jackpot.

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May 19, 2024, 02:53:04 PM
 #127

The biggest reason for losing in gambling is trying to recover the loss gambling losses can never be recovered. Gamblers who do this will become addicted and lose everything which will wreak havoc on their normal lives. Avoiding problems will lead to feelings of guilt anxiety or depression gambling more trying to recover lost money chasing losses increasing the tendency to lie to family members or others to hide the extent of your gambling. So never try to recoup the losses as the risk will be lower and the number of losses will be reduced.
Yes, that's true and they never realize that gambling is a risky game and they are bound to lose so that's why what's on their mind is to win and beat the dealer, as much as possible they will continue to risk their money until they go bankrupt so without realizing it they are doing that outside. the limits of their abilities, playing excessively so that they end up never getting anything or winning even at the end of the game, this is a fact and there are lots of people I often meet like that who go bankrupt trying to recover all their losses.

Chasing and recovering losses is not a way out to be able to return all the money lost, in fact it is the wrong way, gamblers like that have to change their mindset so they can control themselves so they don't gamble excessively, I think we all know every gambler has his views Therefore, we often find people who share the same view, namely chasing and recovering their losses when they experience a lucky defeat, even though all of this is pointless and their mindset must be changed that gambling should be for fun and not always win consciously every time. Gamblers have to gamble with money they are ready to lose, so limit their budget so they don't exceed the limit.

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May 19, 2024, 04:10:01 PM
 #128

As you've said, It is a natural act from a gambler and ideally they want to gain back all the money thay they have lose. I mean, who wouldn't want to try to recover from their losses? everyone's already did it especially if they can't accept the fact that they already used up all the funds that they only have. We can say that greed is the major reason why people continue doing gambling because there's an instances that a person already won but because of greed, instead of gaining additional money, they ended up having zero in their pockets, So it is highly advisable to check ourself and learn how to stop when we already won.
In life, they say that there are also bad times apart from the good times. People who have heard and believed on it are the ones who don't try anymore to recover their losses but I think it can also be subjective and there might still be things that are more worth winning and they are more possible or the risks on them are not that big enough. I think a lot of experienced gamblers are also not attempting to recover their losses anymore. Greed might also be different from simply avenging our losses.

There are truly people who are like that. They think they are superior and can't accept any types of defeat. There are also non-addicted gamblers but are only willing to risk it all in order to earn more than just coming home with an already sure small amount of money. There is no need to worry about them.

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May 19, 2024, 05:54:05 PM
 #129

As you've said, It is a natural act from a gambler and ideally they want to gain back all the money thay they have lose. I mean, who wouldn't want to try to recover from their losses? everyone's already did it especially if they can't accept the fact that they already used up all the funds that they only have. We can say that greed is the major reason why people continue doing gambling because there's an instances that a person already won but because of greed, instead of gaining additional money, they ended up having zero in their pockets, So it is highly advisable to check ourself and learn how to stop when we already won.
In life, they say that there are also bad times apart from the good times. People who have heard and believed on it are the ones who don't try anymore to recover their losses but I think it can also be subjective and there might still be things that are more worth winning and they are more possible or the risks on them are not that big enough. I think a lot of experienced gamblers are also not attempting to recover their losses anymore. Greed might also be different from simply avenging our losses.

There are truly people who are like that. They think they are superior and can't accept any types of defeat. There are also non-addicted gamblers but are only willing to risk it all in order to earn more than just coming home with an already sure small amount of money. There is no need to worry about them.

The fact that most gamblers always want to recover their losses is what makes gambling addictive. A lot of gamblers already know this about gambling but they will always want to try out their luck in everything. Sometimes I do not blame those who condemn gambling to their friends, families and loved ones, I put the blame on those gamblers who take unnecessary and avoidable risks all in the name of gambling and still end up struggling with gambling problems, they give gambling bad names. No one would want their loved ones to end up like those bad gamblers. No one should hide under the saying that gambling is all about taking risks to do unreasonable things. Fine, if you are lucky, good for you. But if you lose in the process, that's entirely on you too.

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May 19, 2024, 06:24:45 PM
 #130

The biggest reason for losing in gambling is trying to recover the loss gambling losses can never be recovered. Gamblers who do this will become addicted and lose everything which will wreak havoc on their normal lives. Avoiding problems will lead to feelings of guilt anxiety or depression gambling more trying to recover lost money chasing losses increasing the tendency to lie to family members or others to hide the extent of your gambling. So never try to recoup the losses as the risk will be lower and the number of losses will be reduced.

Exactly, that indeed as you said that one of the reasons why people lose large amounts of money is because they always try to chase losses in order to recover which is actually a very bad idea that will only make them lose more significant amounts of money which means that chasing losses is an idea that will not bring recovery but instead will deepen the amount of loss.

And this is the reason why quite a number of people have said and advised that you should never chase losses in gambling because there is no way you can reach the recovery phase in the same place where you previously lost and this makes sense right? Obviously, therefore it is always recommended to only bet the amount that we can afford to lose, the benefit is that we do not get emotional and do not think of chasing something that has already been lost because after all it is quite impossible to materialize and in most cases the idea actually makes gamblers experience much greater losses.

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May 19, 2024, 06:37:40 PM
 #131

The best thing that I have learned with a very painful experience is that every bet is different than your previous first bet, losing the first bet doesn’t increase the chances of winning on the next bet. If we take for instance the dice game which is very known in ever casino, with a 40% of winning it doesn’t mean if you lose twice than you have more chances in the third or forth bet, actually you may experience 10 or more continuous straight losses with 40% chance of winning. I lost much money believing that I have more chance on the next bet whenever I lose the previous bet.
Some people chase their losses according to this misunderstanding and false mentality, whenever they lose a lot of times straight they keep playing, thinking they will win back soon, which is not so true.

I believe that every gambler in first days have this mentality of chasing losses, due to their feeling bad and wanting to get back their money and quickly, some other they may get back their money and also keep gambling once again until losing all their balance, then deposit once again trying to get back their first loss, or worse, where they deposit more and more until they spend all their savings in a very short time, and regretting that eventually.

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May 19, 2024, 06:46:28 PM
 #132

The nature of human beings is never to feel fast for what they have, and greed sometimes makes it much worse, some gamblers hope to bring home a larger amount of money than what they have deposited or lost from gambling that makes the addiction scheme appear is because someone has seen winning a big win from what he has or he has had a big win before and wants to get it back, thinking that using bigger money can bring bigger winnings, but in the end using money that he cannot lose in gambling, then taking impulsive action and trying to return the money, day after day passes the gambler comes and sia can return the money that has been lost but in the end it is just a bad hope and makes him fall into gambling addiction.

Greed for the easy way that gambling offers makes the foolish gambler spend more money that he must eventually get back to make up for his mistakes, the devil's thinking is not much weaker than foolish humans.
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May 19, 2024, 07:17:08 PM
 #133

As you've said, It is a natural act from a gambler and ideally they want to gain back all the money thay they have lose. I mean, who wouldn't want to try to recover from their losses? everyone's already did it especially if they can't accept the fact that they already used up all the funds that they only have. We can say that greed is the major reason why people continue doing gambling because there's an instances that a person already won but because of greed, instead of gaining additional money, they ended up having zero in their pockets, So it is highly advisable to check ourself and learn how to stop when we already won.
In life, they say that there are also bad times apart from the good times. People who have heard and believed on it are the ones who don't try anymore to recover their losses but I think it can also be subjective and there might still be things that are more worth winning and they are more possible or the risks on them are not that big enough. I think a lot of experienced gamblers are also not attempting to recover their losses anymore. Greed might also be different from simply avenging our losses.

There are truly people who are like that. They think they are superior and can't accept any types of defeat. There are also non-addicted gamblers but are only willing to risk it all in order to earn more than just coming home with an already sure small amount of money. There is no need to worry about them.

To my surprise, some gamblers claim to be experts and feel their strategy is the best in beating the house. But they continually loss out a lot of money in gambling. Yet, they persist on trying their strategy. I get disappointed to find gamblers who still think of a strategy that guarantees consistent winning in gambling. Such believes are caused by influences from other gamblers who claim to have won big using a specific strategy. Greed is a factor but deceits from people who sell those strategies can also be another factor which affects the way some players choose to chase losses.

New players also fall victim to such false methods of gambling to generate steady income. Venturing into gambling for the first time with such information as a backup is wrong. And causes more trouble to the player in future. Hence it's quite important that a player focuses on managing his times and restricting his moves from going after their losses. Also accepting that more money can be lost in gambling, will help the player rethink his moves before placing another bet.

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May 19, 2024, 07:43:04 PM
 #134

The biggest reason for losing in gambling is trying to recover the loss gambling losses can never be recovered. Gamblers who do this will become addicted and lose everything which will wreak havoc on their normal lives. Avoiding problems will lead to feelings of guilt anxiety or depression gambling more trying to recover lost money chasing losses increasing the tendency to lie to family members or others to hide the extent of your gambling. So never try to recoup the losses as the risk will be lower and the number of losses will be reduced.
Whoever feels that chasing his losses is the best way for him to recover his loss, it means that gambler does not understand what gambling is like. This is because he would end up losing more and that is why you should not the amount of money that will affect our emotions when we lose or when you use money for important purpose to gamble.

Gamblers that thinks gambling is a means to make profit are always the ones falling victim in chasing their losses because they will not stop gambling until they hit the jackpot, which no one's knows if it will be possible or not. This is why you should see gamble as fun and enjoy it to the fullest by gambling responsible.

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May 19, 2024, 08:22:18 PM
 #135

I agree and I think I have some familiar cases with your described logics.
This has happened to me many times that when I play slot games I have set the strategy to I will wager 20 but later it turns out that in the excitement of loss and win I have crossed 20 wagers. As you can say the latent greed of my mind. In some cases it has been seen that when I have played casino games one or two wagers then when we win it motivates us more to play more recover our losses and then in the end the gambler faces more losses.
And for these reasons, the amount of loss is much more than the profit of forgetting casino games in my gambling portfolio and I think it is the case of most gamblers. But we must suffer this loss within the limit for which a certain amount must be set in advance for gambling. And that is why I prefer sport-betting to avoid this loss in casino games as my loss amount is more, in sports betting my profit amount is more than loss.

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May 19, 2024, 10:53:48 PM
 #136

Hi everyone,
Here actually is my finding on why people chase loses in gambling, do you know that it's natural for a gambler to chase after his or her loses? Well, if you don't know, now you know, it is natural in the sense that ; the desire is inbuilt, it is we ourselves that learn to put or subject the desire to our control, same way it is natural to feel bad when you lose a bet, but you can be happy if you choose to, and can control your emotion.

One of the reason why many gamblers naturally chase after their lose is due to one thing that is built into every game known as the "near miss effect", after every loss, a near miss effect makes our brain believe that a win is very close, and this automatically makes the player to keep playing and playing, even while he or she is losing, his or her brain convinces itself that a jackpot is just around the corner, this makes the player keep playing until he or she discovers that his or her bankroll is empty, this is when anger and regret usually sets in, you begin to feel like you were not really yourself all that time you were gambling, like you were hypnotized or something, and you only regained consciousness of yourself when you have already gambled all your money away.

This has happened to me few times, and from it, I've leant to always be conscious of myself and my decisions while gambling, making sure I do not allow my brain to deceive me into believing that my losses is because a win is around the corner, making me to gamble way more than I've planned to.

So, from your own understanding, what do you think makes people chase loses aside greed which I believe many of us are already familier with?.
Carrot in a stick approach. The thing is that casinos have this tendency to play things off as if they are fair to the player and they can gain their losses whenever they tank some. Casinos may not fully say or show it but it definitely is there. As we all know though, this couldn't be further from the truth when we start to realize that the casino impose house edges and RTP settings when in an ideal setting, wins should always be on a 50/50 setting.

Now, when I say carrot on a stick, what I mean to say is that casinos dangle this prospect of winning back their losses in the faces of their hapless players like a carrot on a stick, add to this the fact that the common gambler doesn't have the self-discipline required to avoid being tempted to answer to this, and you get yourself a gambler that continuously chases losses with no real hope of earning back what they have already let go their hands of.

It's fucking sad but it's the reality, and I don't mean to put the blame on the casino but it's just the truth.

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May 19, 2024, 11:16:24 PM
 #137

The biggest reason for losing in gambling is trying to recover the loss gambling losses can never be recovered. Gamblers who do this will become addicted and lose everything which will wreak havoc on their normal lives. Avoiding problems will lead to feelings of guilt anxiety or depression gambling more trying to recover lost money chasing losses increasing the tendency to lie to family members or others to hide the extent of your gambling. So never try to recoup the losses as the risk will be lower and the number of losses will be reduced.
We have limits in the space. Losses is delusional and I don't know why people don't tight wave from him. We have losers nd winners, find way and categorized yourself to be in these categories, let's start to understand the system and do the necessary activities to get indulged in the space. Losses is general expecteable in the system. Always make sure you have a backup option to lay down and become one of the smooth going guy in the system.

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May 20, 2024, 03:08:53 AM
 #138

Of course, those who chase losses really don't want to see themselves lose by gambling, the reason they continue to gamble even though they have lost is because they want to chase their losses or want to recover from losses that have caused them to lose the money they bet. But of course, even if they continue to bet, it is not the right action, there will still be losses or loss, therefore there is no definite way to recover the money that has been lost in gambling. it seemed almost impossible.
It is true that the casino has a bigger advantage, the casino's advantage in winning percentage is of course bigger than that of the players because their goal is to make a profit from the many players who gamble. with those who hope to get a big win that can cover all the losses they have experienced, it actually makes them fall deeper into gambling.
Acceptance would be the key and this is something the main issue for most gamblers on which they wont really be accepting that they are on the losers side and since we do have that ego then of course you would really be trying out to break those loses or trying to chase and this what makes the situation even more worst because of such mindset. Its natural because human beings do really hate on losing money on which means that on the moment that they would really be losing then it would really be just that what comes next will really be trying out to breakeven until they would be busting up themselves in this regard.

This is why gambling industry is really that becomes profitable just because of this kind of common behavior on which people would really be continuing to play no matter what
and as long they wont really be that become satisfied then they would really be definitely be having that trying to continue no matter what. This is something that you
will really be definitely be able to see and pretty obvious within this market.
It's true, those who can't stop betting are people who can't accept the losses that occur. Acceptance is one of the keys so that they don't lose more money and they themselves must be able to control themselves well. If they can't control themselves, it can make them continue gambling without caring about how much money they have lost. It is clear that thinking like this will only make the situation worse, because there is no guaranteed win but loss of money is guaranteed. Even though this is normal, it is not natural if they continue to make mistakes, chasing things that are uncertain is the same as being stupid. because they only think about winning, even though when they win it doesn't necessarily cover all their losses and it also won't necessarily be the end of the gambling they do.
Indeed, with players who continue to play, of course the industry can make a lot of profit, even though there is a reciprocal win, of course it is not certain when it will be obtained and the amount is uncertain. The profits obtained by the industry are because they cannot stop playing.

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May 20, 2024, 03:34:14 AM
 #139

The biggest reason for losing in gambling is trying to recover the loss gambling losses can never be recovered. Gamblers who do this will become addicted and lose everything which will wreak havoc on their normal lives. Avoiding problems will lead to feelings of guilt anxiety or depression gambling more trying to recover lost money chasing losses increasing the tendency to lie to family members or others to hide the extent of your gambling. So never try to recoup the losses as the risk will be lower and the number of losses will be reduced.
We have limits in the space. Losses is delusional and I don't know why people don't tight wave from him. We have losers nd winners, find way and categorized yourself to be in these categories, let's start to understand the system and do the necessary activities to get indulged in the space. Losses is general expecteable in the system. Always make sure you have a backup option to lay down and become one of the smooth going guy in the system.
There will be limitations no one can rise without problems. It is difficult to guarantee proper gambling even if you find your way. When some organization like a casino or betting parlor or bookie is involved, they always take a cut. To stay in business they need to ensure that they always get a cut of every transaction. For example they might end up with 2%. This significantly reduces the chances that the bettors will come out ahead in the long run thus making gamblers lose their confidence.
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May 23, 2024, 05:27:02 AM
 #140

There will be limitations no one can rise without problems. It is difficult to guarantee proper gambling even if you find your way. When some organization like a casino or betting parlor or bookie is involved, they always take a cut. To stay in business they need to ensure that they always get a cut of every transaction. For example they might end up with 2%. This significantly reduces the chances that the bettors will come out ahead in the long run thus making gamblers lose their confidence.
But compared to many other businesses, the cut that casinos are taking, otherwise known as the house edge, is very small, so gamblers cannot really complain too much about it, as even on the games in which this number is at its highest, it cannot compare to the cut other businesses take when they sell you a product or service.

It is just that in my opinion many gamblers have the mistaken idea that they can beat the casinos, a possible outcome, but one that can be rarely achieved.
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