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Author Topic: How were you able to handle a losing streak up to 5 times and above?  (Read 953 times)
Yatsan
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June 11, 2024, 06:17:25 PM
 #41

Lose streak cannot be avoided. Whenever I'm in such situation, I just accept things. We don't have full control of our bets in the first place. As we all know, pushing positive outcomes won't cause you good. It would be much better to let things be and try the next day if you would still want to. Some are even losing for long but are still continuing things; that is simply the concept of gambling which is to test your luck but always keep in mind to manage the risk and your bets of course.
I'm not really sure how it feels when it comes to losing streak at sports betting because I do not place sports bet really often, maybe only once/twice a week.
Losing streak is common thing, it is even possible to happen with high winning chance such as 1.1x-1.5x
What I usually do when I experience losing streak (casino games) I stop playing or move to other games in case I still have some balance left.
In case I have no more balance, I stop and take rest for days before I come back to play the game again.
Moving to other games is the coping mechanism of other gamblers because they believe thaat in such way, their luck would be calibrated but that's just not how things work in gambling. Luck will just come out of nowhere but either way, pushing your luck too much won't be a good idea. Always be mindful of securing things; if you're in profit then keep a percentage of it. If you're in loss, take a rest and wait for another chances to knock.

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June 11, 2024, 06:37:32 PM
 #42

Lose streak cannot be avoided. Whenever I'm in such situation, I just accept things. We don't have full control of our bets in the first place. As we all know, pushing positive outcomes won't cause you good. It would be much better to let things be and try the next day if you would still want to. Some are even losing for long but are still continuing things; that is simply the concept of gambling which is to test your luck but always keep in mind to manage the risk and your bets of course.

When we are defeated in a row, we should never think that it means that we will win, because it is all just a prediction where it is not necessarily proven to be true and we are sure that the predictions we imagine are correct, when we are defeated in a row, the thing that must be What we do is close gambling and leave it for a while, then continue tomorrow because today no luck has come our way.

Because when we are defeated in a row like that, it means that victory has not yet come to us, don't ever want to continue losing as a result of being defeated in a row, we have to learn more deeply about tricks and how they work, don't be sure that something uncertain will happen, because Later, we will be depressed because we never feel the benefits, but instead we experience continuous losses.
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June 11, 2024, 06:42:26 PM
 #43

Lesson so far, the need to manage risk is highly recommendable, stick to plans and never go above your plan, all this while my profits have been much higher than my loses, but a single week took the majority of those profits, Therefore, even though you are these profitable person in gambling just as I have been all this while, there may be a rainy day for you and what would protect you are these strategies in place.

Have you had this experience before, and how were you able to manage/handle it?

You are lucky to have your losing streak stop at 5, with the kind of games that you selected, you have low chance of winning and this isn't because it was dominated by players or not balance, it's because Euro Championship isn't the kind of regular season we are used to, not some players you expect are called for playing and you don't even know how dominant some players are after the main season in their club, this is why I don't bother myself to play off season games.

Any game that is not September to June, I don't bet my money on them because I know for sure I'm going to lose, there is now way Argentina of 2022-2023 will be the same for that of 2024, there is going to be some changes. The only time I think is okay to bet off season games is when they approached quater final that's when you begin to predict some characters of some players and teams but make sure you don't bet on straight wins, over or under are easy to predict.

R


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June 11, 2024, 06:46:17 PM
 #44

.
Lesson so far, the need to manage risk is highly recommendable, stick to plans and never go above your plan, all this while my profits have been much higher than my loses, but a single week took the majority of those profits, Therefore, even though you are these profitable person in gambling just as I have been all this while, there may be a rainy day for you and what would protect you are these strategies in place.

Have you had this experience before, and how were you able to manage/handle it?
[/pre]
Firstly, I haven't had this experience in this particular way of singling each game and betting on them up to five different games. I have staked on single game but not more than two at a time. Five for me is much.

No matter the current form of a team involved or the odd size no bet prediction is sure, and that's why we have to take calculated risk with every bet not to go above the usual standard you have for long using which has been profitable with less losses incurred. Though losing is  an unavoidable aspect of gambling which we all must experience, we must in that light learn to manage our losses not to overwhelm our balance.

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June 11, 2024, 06:54:15 PM
 #45

How were you able to handle a losing streak up to 5 times and above?
It's a fatal mistake if you lose five times in a row, this is really messy, 5/2 might still make sense if 5/0 if that happens it could frustrate me.
Yesterday I also placed an international friendly football bet between Portugal vs. Croatia I put the score 2 for Croatia at the end of the match ended 1-2 I succeeded for Croatia points, so did France vs. Canada I didn't put a score on both, I chose 0-0 I dealt with the loss based on the Netherlands vs. Canada match. Canada, for me the Netherlands are strong teams and if they meet France vs. Canada, I speculate that both teams are evenly matched.

During the match Switzerland vs. Austria I lost, because I put Austria score points 2, the end of the match 1-1, but it doesn't matter for me because I have a win of two matches meaning 3/1 two for me one for them.

My experience, in international friendly football matches to cover a loss, check their history during the match of both teams for example: Sweden vs. Serbia look at the final results of the two teams, before the bet is placed, you can judge during their tournament which one has the points and the chance of winning when both of them compete.
I was fucken shocked when I was checking the resultsIn fact, the France vs. Canada game that ended on 0-0 was my most believed match to have been in the money, I'm still trying to imagine how I did choose those games that I was this unlucky, I wasn't expecting to win all the slips either, but at least was hoping to have won like 2-3 out of the 5 games, this tells me that predicting the international football is quite very different from the club football because I didn't change strategy to talk of.

 
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R


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June 11, 2024, 06:58:47 PM
 #46

Lesson so far, the need to manage risk is highly recommendable, stick to plans and never go above your plan, all this while my profits have been much higher than my loses, but a single week took the majority of those profits, Therefore, even though you are these profitable person in gambling just as I have been all this while, there may be a rainy day for you and what would protect you are these strategies in place.

Have you had this experience before, and how were you able to manage/handle it?

The lesson is not about risk management, it's not about sticking to a plan, and for bad days, we all have them and they will definitely happen. I've been a gambler on sportsbooks since I was in high school, I've gone through a lot of betting on matches, but in your case, I've also experienced it, and what lessons can I take? That's one, it's about don't bet on qualifying matches that have no vision & also friendly, national or club matches.

Did you get my point?

R


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June 11, 2024, 07:14:01 PM
 #47


Lesson so far, the need to manage risk is highly recommendable, stick to plans and never go above your plan, all this while my profits have been much higher than my loses, but a single week took the majority of those profits, Therefore, even though you are these profitable person in gambling just as I have been all this while, there may be a rainy day for you and what would protect you are these strategies in place.
I have experienced a losing streak before and it wasn't a funny experience. As young and naive as i was then, i had no control over my gambling habit and it made me lose even more, but now i know better and i even wish i knew what i know now then. I must say you are an experienced and disciplined gambler to still stick to the plan instead of gambling more to cover up your losses as many others would do. Many people who chase losses fail to understand that winning after a long period of chasing losses does not in most cases cover up the losses suffered so far, all these gamblers are interested in are just wins.

Self control is a very important virtue every gambler should possess because it will help them take care of whatever comes their way while they gamble and even after gambling.

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June 11, 2024, 07:51:58 PM
 #48

Have you had this experience before, and how were you able to manage/handle it?
I had similar experience a few months ago but the losing steak I had was just 2 instead of 5. I had lost because I favor one team over others and that was a very big mistake.

The team lost matches against much weaker teams and I was astonished by seeing it losing against weaker teams, but that happens sometimes and after that I placed my bets carefully with good researching than favoring one team over others.

You had a tough time OP and I can feel that how you might have handed the sad moments when you consistently lost 5 bets in row in sports betting. I suggest you to be careful next time and never to use Martin gale strategy in such scenario.

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June 11, 2024, 07:52:42 PM
 #49

Lesson so far, the need to manage risk is highly recommendable, stick to plans and never go above your plan, all this while my profits have been much higher than my loses, but a single week took the majority of those profits, Therefore, even though you are these profitable person in gambling just as I have been all this while, there may be a rainy day for you and what would protect you are these strategies in place.

Have you had this experience before, and how were you able to manage/handle it?

You are lucky to have your losing streak stop at 5, with the kind of games that you selected, you have low chance of winning and this isn't because it was dominated by players or not balance, it's because Euro Championship isn't the kind of regular season we are used to, not some players you expect are called for playing and you don't even know how dominant some players are after the main season in their club, this is why I don't bother myself to play off season games.

Any game that is not September to June, I don't bet my money on them because I know for sure I'm going to lose, there is now way Argentina of 2022-2023 will be the same for that of 2024, there is going to be some changes. The only time I think is okay to bet off season games is when they approached quater final that's when you begin to predict some characters of some players and teams but make sure you don't bet on straight wins, over or under are easy to predict.
One of them main things that proves out that there's no such thing about assurance in speaking about sure win or something that do talks about 100% winning no matter how sure or best analysis that you could have on a certain game. There would really be no guarantees and there would really be no precision despite of that kind of confidence when it comes into your selection. This is why it would really be that relevant or something crucial in speaking about control and discipline towards self specially at the moment that you would really be experiencing losing streaks. 5x wont really be that something that too long since there
would really be those moments that it could really be that even more.This is why control and moderation would really be that relevant into this time.

Emotions and that impulsiveness will really be your main enemy on here on which at the time or moment that you would be finding yourself on such situation then you should really be that sensible
on the actions that you are making. Dont let your emotion comes into your head because if you do then you would really be ending up on making bad decisions because you have influenced yourself
on having that kind of emotions basing up with your next decisions on which this is something that you should avoid.

R


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June 11, 2024, 08:00:52 PM
 #50

Have you had this experience before, and how were you able to manage/handle it?
Losing a game while gambling is very common, and likewise losing it 5 times at a stretch, but yet that alone is never a reason to quit gambling, despite the fact you may have lost a reasonable amount of money, which is why we always tell people to gamble what they can always afford to lose, as when such happens, it serves as a sign for one to revisit your betting strategy once again. However, I have experience this kind of scenario before while betting on either "Home or Away" team to win, and after that, what I did was that I changed my style of betting to start staking on "Over2.5 or Under 2.5" and "Double chances (i.e 1x, 12, 2x), and though the odds are not always big, but yet most times I do have a high chance possibility of winning.

 
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June 11, 2024, 08:06:41 PM
 #51

5 times? Amateur!
I managed to lose 12 bets in a row at Ascot and I think that I did it even worse two years ago at Cheltenham, I know for sure I had at least 6 favorites lose in one day and most of them were under 3:1 odds.

The thing is if you're not prepared to lose 5 times in a row then you treat gambling ina way you shouldn't and sooner or later it will come to bite you in the ass pretty hard!

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June 11, 2024, 08:14:00 PM
 #52

For the majority of people in the gambling world, it's not always easy to handle a loss, let alone encountering a losing streak up to 5 times and above, This scenario happened recently, during last week, I chose some games that ran from last week down to this week and all my games was in the red, as the league competitions and the European football season of 2023/2024 has just ended and the games we have now on going happens to be the world cup qualifiers games and the international friendlies; However, I'm more of focused on football betting, so the teams I picked to win were,

Egypt to win,
France to win Canada,
Switzerland to win Austria,
Portugal to win Croatia and
Sweden to win Serbia in their respective games,

And reason to select these teams was that I was actually targeting odds that came up a bit, Well, to my latest surprise none of these games were in the money and I can't really recall the last time I had such a losing streak, and the annoying part was that I didn't place this game on same slip, it was a single game all through and secondly some had different match date.

Now, assuming if I happened to be someone who doesn't manage risk or go way above my budget, this would have wrecked my betting balance.

Lesson so far, the need to manage risk is highly recommendable, stick to plans and never go above your plan, all this while my profits have been much higher than my loses, but a single week took the majority of those profits, Therefore, even though you are these profitable person in gambling just as I have been all this while, there may be a rainy day for you and what would protect you are these strategies in place.

Have you had this experience before, and how were you able to manage/handle it?
[/pre]

That scenario is in sport betting and of course it is easy to handle compared to being massacred by slot machines and in the true meaning of the way,I am not saying for some metaphor here or to sound fancy,that is what happened to me lately in Stake casino,I have had more than 15 consecutive lost buy bonuses which is never supposed to happen or at least some years before it did not happen,maximum amount of lost buy bonus in Pragmatic slots was like 6-7 and even that was really a huge one.What I want to point out is that things have changed and casinos have become brutally greedy and I wonder why we gamblers continue to play,personally I quit forever now to play in such casinos,they are the best place if you want your deposits to vanish in less than 30 minutes!

As for football I can understand your frustration yet you know that by betting with some knowledge will net you a win,it is different and it is the only game worth playing in betting now as you have better control of your money and bad luck cannot happen forever in sport betting like it is common occurrence in slot machines,so the real lesson is always quit slots.

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June 11, 2024, 08:21:29 PM
 #53

Lesson so far, the need to manage risk is highly recommendable, stick to plans and never go above your plan, all this while my profits have been much higher than my loses, but a single week took the majority of those profits, Therefore, even though you are these profitable person in gambling just as I have been all this while, there may be a rainy day for you and what would protect you are these strategies in place.

Planning properly will makes you to become a good gambler as if you're not planning on how you stake your money, you might gamble away all your profit just as you experienced. This is a mistake that every gambler can make therefore do not think that your gambling paths are over but dust yourself up and plan how you're going to be more focused from now on and you might turn this sad experience around and make more profits when you gamble more in the future.

Losing five times isn't a big deal as I have lost more than that before, I have once places a bet on 10 different teams and lost all. The bet didn't go as I expected were those games that ended the way I expected still had extra times added to the game and the team that I predicted to win, won in the extra time therefore my bet didn't go through. When we lose when gambling, we just have to learn our mistakes and try again as we can't just give up hopes on potential victory.

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June 11, 2024, 08:23:39 PM
 #54

5 times? Amateur!
Most gamblers lose even more than just five times; that is why I was shocked too, seeing the OP talk about just five times. If it is a fixed matrix that every gambler must win within five bets, then we could have called gambling a reliable source of income.

If you feel that you have lost too much gambling consecutively and that it is now becoming a problem, then take a break. If you can take a break, it is a good sign that you are not addicted. If you are unable to take a break from gambling after losing for so long and know that it is now posing a big financial problem to you, then that is an indication of chronic addiction, and you need professional help.

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June 11, 2024, 08:28:54 PM
 #55

Have you had this experience before, and how were you able to manage/handle it?
Losing is not unusual, there are gamblers who experienced much worse than 5 times losing streak. I also had such experience but not in sports betting but more on live table games.

It's really frustrating especially if you're hoping to somehow win but keep in mind that's gambling. Losing is inevitable sometimes and you need luck to win regardless of you're playing on casino games or sports bet. Thus, only use a spare money so it won't hurt you much incase you didn't manage to win.

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June 11, 2024, 09:59:02 PM
 #56

It's sad to know someone loses 5x in a row in a gambling game.
If you lose, you should evaluate first, the first defeat may be an indication that anyone has to re-evaluate.
But when you have lost 5x in a row, that's a bad thing.

One must have a strategy so that such ridiculous things do not happen.
I will only stop when I get 1 defeat because mentally I will not be able to continue losing.
Those who even go through 5 defeats are too addicted and continue to believe that they will win and win, but in fact, they always lose.

 
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June 11, 2024, 10:24:44 PM
 #57

Have you had this experience before, and how were you able to manage/handle it?
Losing is not unusual, there are gamblers who experienced much worse than 5 times losing streak. I also had such experience but not in sports betting but more on live table games.

It's really frustrating especially if you're hoping to somehow win but keep in mind that's gambling. Losing is inevitable sometimes and you need luck to win regardless of you're playing on casino games or sports bet. Thus, only use a spare money so it won't hurt you much incase you didn't manage to win.

Losing is always part of your gambling activities. I don't think anyone is immune to losses. We may incur losses from time to time, but if you are only using your extra money, it won't be very hard for you to move on. This is how I can cope up with my losses. Before I start my game, I already know how much is my max amount that I can allow for my losses. If I already reach such amount, it means, I need to stop no matter what. I understand, from time to time, you may go beyond your set limit, but if you can still manage to stop, you won't go home so broke with your pocket.

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June 12, 2024, 02:18:18 PM
 #58

Since I love betting on football, if I lose my bets, I sometimes don't get upset because I didn't win the match. My annoyance mostly comes from the poor performance of a team that I know has the capacity to do very well but ended up disappointing me because of their poor performance.Although I feel sad sometimes that I didn't win, I usually get upset at the team's poor performance while they are in a better position. 

While gambling, I don't stake a huge amount that will cause me psychological trouble if I lose, but I do stake just a little amount that I can afford to not lose, so even if I lose five straight, I don't feel bad for losing the money because I only and mostly stake a small amount. I only feel annoyed by the poor team performance. I can stake a huge amount too sometimes, but it's on rare games. 

While gambling on casino games too, I only stake a small amount, like $0.1 to $1, so that if I lose the money, it will not affect me in any way. Last week, I lost more than five times while playing. In gambling, losing is continuous; the gambler just has to prepare for it. 

If I lose many times in gambling, I don't think it causes any problem for me, there's no how I handle it, if not to allow it slid.

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June 13, 2024, 01:49:04 AM
 #59

Have you had this experience before, and how were you able to manage/handle it?
Is a normal case scenario, people win and lose in a daily basis, losing streak up to 5 times is not a good reason to be tired or thinking otherwise, gambling is a game of luck as I usually say, sometimes people may even gamble for a whole month or 2months but no wining, yet they keep on trying till they achieve the Target. Sometimes I will bet games predicted by me and also from my friends, my ticket will all be green ✅ but I will always have ❌ 1 or 2 in all tickets. Though it is difficult to bear the pain of lost more often than win, but we move on. My slogan is that "Life is game, is either we win or lose" we should just gamble what we can afford to lose sothat we don't feel it that much when we lose more frequent than win.

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michellee
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Activity: 2954
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June 13, 2024, 02:11:31 AM
 #60

If you gambling with the money you can afford to lose, you will not have a problem if you lose. You will limits your lose so the lose will not becomes too big. But many people will not thinks about their lose instead will trying to recovers their lose.

In gambling, you must know how much money you will use so you can manage the risk. If you lose, you will not trying to spends more money, especially if you already lose for some money. You knows how to use gambling for entertainment.

I don't have to wait for 5 times to stops gambling because lose for 5 times is something for me. I will immediately stops gambling and leave the casino to prevents the temptation.
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