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Author Topic: How were you able to handle a losing streak up to 5 times and above?  (Read 870 times)
EarnOnVictor
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June 13, 2024, 04:04:52 PM
 #81

-snip-
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.
You should know the risk you are signing for my friend before you click the submit button. Mind you, the higher the odds, the higher the possibility that you are making a tough choice. This is why I like to limit my sports betting odds to within 2+. It could be anywhere between 2.0 and 2.9. I can't remember going higher than that to tell you how careful I am.

Besides, it would have been nicer if you added the odds to those tickets for us to know.

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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.
Contrary to your claim, though the result is unfortunate, I do not see many lessons to learn here because you were somewhat careful and did not risk aggressively. First, your betting is independent of each other which means you did well, and secondly, I do not think your risk is higher than necessary since you did not add the wagering amount. Nevertheless, the tone used is not a risky one, this is good as far as I am concerned. The fact that you lost them shouldn't make you blame your approach.

I also do not see you deviating from your plan, did you? Unless I can't extract it from what you wrote here.

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Have you had this experience before, and how were you able to manage/handle it?
[/pre]
I bet independently like you but I have never experienced a thing like this. At worst, maybe 2/5 of the games which is even rare.

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June 13, 2024, 04:11:51 PM
 #82

And because of this, it is important for gamblers to have self-control so that they can be calmer when facing a losing streak. Just imagine if it was a novice gambler, maybe he would immediately scream in his room and cry about the money he lost, because from the start he gambled money he couldn't afford to lose - he gambled money thinking that it would be very easy for him to win. Gamblers must be able to have good risk management and understand their abilities, so that when they face an annoying situation like this, they understand it better and don't rush into making decisions that they can regret even more.

R


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June 13, 2024, 04:54:54 PM
 #83

A losing streak of five is even smaller to the ones I have lost.I have lost more than twenty streaks in football gambling,but I still didn't give up, because I already know that two things are involved in gambling,it's either you lose or you win. so if I'm not on a winning streak,I will be on a losing streak.Although,the period of time I was losing like that,I really felt bad and was always weak,but I didn't give up,I still have that feelings in me that I will win big someday,and that is what's keeping me.So many persons are losing on a daily,but they won't say it to anyone, because they already made up their kind about losing,that it's normal.

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June 13, 2024, 05:02:33 PM
 #84

OP had a bad run and this is not uncommon, the only thing is that the loss might be big enough not be able to recover it in the next few weeks.

That is the thing with sports betting, you can make a prediction based on past performances of teams but luck factor can ruin your entire betslip and this is a prime example of that. On the other hand I have seen parleys done with multiple wins and that total profit was way higher than the bet.

Hope the OP makes some of it back soon.

R


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June 13, 2024, 05:14:52 PM
 #85

A losing streak of five is even smaller to the ones I have lost.I have lost more than twenty streaks in football gambling,but I still didn't give up, because I already know that two things are involved in gambling,it's either you lose or you win. so if I'm not on a winning streak,I will be on a losing streak.Although,the period of time I was losing like that,I really felt bad and was always weak,but I didn't give up,I still have that feelings in me that I will win big someday,and that is what's keeping me.So many persons are losing on a daily,but they won't say it to anyone, because they already made up their kind about losing,that it's normal.
That's the most I've ever lost, I've only lost 7 in a row and you did it 20 times, that's heartbreaking with that many, how did you feel at that time did you feel like a loser or like your world ended when you accepted the fact that you had that many losing streaks, before you believed that you would get a big win someday?
Sometimes positive thinking that I will get a win today when I have lost a few times will lead to the wrong use of money because we are too ambitious and believe, and that we should avoid or we will get the next defeat. should when you have lost until you run out of deposit money can stop at that time because if you continue our mentality has been influenced.

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June 13, 2024, 06:59:23 PM
 #86

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.
That’s just the reason why I do encourage gamblers not to go beyond their limit when gambling because anything can happen. No matter how sure you are about the bet you are about to place, make sure you don’t exceed your limit. You shouldn’t be too confident when gambling, because anything can happen. Just imagine you gambled with all the money you have, since you are confident that you are going to win the bet, and things changed, how will you be able to get money to keep on gambling? But if you plan yourself, even if things don’t go well, you will still be able to gamble.

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June 13, 2024, 08:22:17 PM
 #87

A losing streak of five is even smaller to the ones I have lost.I have lost more than twenty streaks in football gambling,but I still didn't give up, because I already know that two things are involved in gambling,it's either you lose or you win. so if I'm not on a winning streak,I will be on a losing streak.Although,the period of time I was losing like that,I really felt bad and was always weak,but I didn't give up,I still have that feelings in me that I will win big someday,and that is what's keeping me.So many persons are losing on a daily,but they won't say it to anyone, because they already made up their kind about losing,that it's normal.
That's the most I've ever lost, I've only lost 7 in a row and you did it 20 times, that's heartbreaking with that many, how did you feel at that time did you feel like a loser or like your world ended when you accepted the fact that you had that many losing streaks, before you believed that you would get a big win someday?
Sometimes positive thinking that I will get a win today when I have lost a few times will lead to the wrong use of money because we are too ambitious and believe, and that we should avoid or we will get the next defeat. should when you have lost until you run out of deposit money can stop at that time because if you continue our mentality has been influenced.
What do you expect? No gambler gambles with the intention of losing. He knew what was at stake and went for it, if the results were good,  we would have been applauding his bravery if it was actually a winning streak. What makes these losses from losing streaks hurt so much is the high expectations these gamblers often have while placing the bets. I have experienced it before and it left me broken because I expected more from it but now I place limits on what i gamble on. Anyone who cannot handle a losing streak should not bother going for what he cannot handle. One major cause of problems for gamblers is high expectations.

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June 13, 2024, 08:23:29 PM
 #88

Two to three consecutive losses are more than enough to stop me from gambling activities for a while. When I lose more than twice, I think that luck is not on my side, and if I choose to continue playing it will only increase the losses I experience.

And indeed the best way to stop a losing streak is not by making a deposit and betting even bigger, but by withdrawing from gambling. Because real victory in gambling is not about how big a win you achieve, and how capable you are of recovering the losses you experience, but rather how capable you are of controlling the gambling itself.

Never act stupidly by continuing to make deposits and bets when luck is not on your side, because this will only lose all the money you have. In gambling, losing is a certainty, while winning is only a possibility, and we all have to be aware of that.

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June 13, 2024, 08:30:10 PM
 #89

A losing streak of five is even smaller to the ones I have lost.I have lost more than twenty streaks in football gambling,but I still didn't give up, because I already know that two things are involved in gambling,it's either you lose or you win. so if I'm not on a winning streak,I will be on a losing streak.Although,the period of time I was losing like that,I really felt bad and was always weak,but I didn't give up,I still have that feelings in me that I will win big someday,and that is what's keeping me.So many persons are losing on a daily,but they won't say it to anyone, because they already made up their kind about losing,that it's normal.
That's the most I've ever lost, I've only lost 7 in a row and you did it 20 times, that's heartbreaking with that many, how did you feel at that time did you feel like a loser or like your world ended when you accepted the fact that you had that many losing streaks, before you believed that you would get a big win someday?
Sometimes positive thinking that I will get a win today when I have lost a few times will lead to the wrong use of money because we are too ambitious and believe, and that we should avoid or we will get the next defeat. should when you have lost until you run out of deposit money can stop at that time because if you continue our mentality has been influenced.
What do you expect? No gambler gambles with the intention of losing. He knew what was at stake and went for it, if the results were good,  we would have been applauding his bravery if it was actually a winning streak. What makes these losses from losing streaks hurt so much is the high expectations these gamblers often have while placing the bets. I have experienced it before and it left me broken because I expected more from it but now I place limits on what i gamble one. Anyone who cannot handle a losing streak should not bother going for what he cannot handle. One major cause of problems for gamblers is high expectations.
On the moment that you would really be having those high expectations then you would really be ending up on making yourself that being impulsive towards your gambling activity or on how much you do spend into gambling
just because you would really be trying out to make it happen on being profitable or making money with it. On the moment or time that you would be experiencing those losing streaks then this is where desperation would really be kicking in on trying out to chase those loses and tending to break even or trying to cope up with a huge win just to cover all the loses that you have obtained. This is why this industry is really that too profitable just because gamblers are really having this kind of approach on which this is really that an endless cycle on which it causes up for this business to be that profitable.

On the moment that im experiencing 5 consecutive loses or more then its something which is really that too small when dealing up with casino games on which you could experience 15 or more specially on dice.
Using up martingale method or any similar thing wont really be able to changed up the condition but rather it would really be making things even more worst. This is why it is really that important that on the moment
that you are dealing up with gambling then you should anticipate that loses would be there and only spend on the money or amount that you can afford to lose and never ever make yourself
that delusional if you dont like on messing up your life with because of gambling.

R


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June 13, 2024, 08:39:00 PM
 #90

...///:_:
Huh

Come on! losing is normal in betting, even @1.01x you will lose, at some point,  and having five losses in a row worries you,(!?)... in reality you have a bad approach to how to bet, sometimes I have the feeling that People really roll dice with sports betting, therefore, question : on a dice, how likely is a number to come up?

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June 13, 2024, 08:53:14 PM
 #91

For me making wrong predictions is part of the game because I know it's not realistic to expect winning all the time.

How often you win is entirely dependent on the odds. For instance since I opt to bet on plarlay slips with the aim of achieving high multipliers, I know that I'll keep losing literally all the time. When you predict multiple matches, especially on a parlay slip, just one wrong prediction cancels your entire payout.

But if you just bet on a few sport matches and don't predict them right, it's also normal. If you count it on the fact that there's 3 possible outcomes, to lose 1/3 chances a few times in a row is a quite likely possibility. I wouldn't be too disappointed. Provided there won't be that much money to consider it a devastating event. Gambling responsibly is a whole other topic but it's important to consider it in case such things happen.

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June 13, 2024, 09:39:54 PM
 #92

First of all, honestly, I will be seriously stressed.
Of course, who wouldn't be stressed if they experienced a losing streak like that, even more than 5x? And maybe this will become an addiction if it happens 5 times in a row. So, it would be much better to rest first, take a break until your mind is really strong and fresh again. Because if forced to do it, I'm not sure the results will be good. It's like only in the movies when you see extraordinary success after repeated defeats but remain calm. Ha ha ha

Personally, I still prioritize sanity of mind and body, so usually if I have lost 3 times, I would be better off stopping and leaving it for a few days. until I'm really ready and have more free capital to do it. because if I continue to follow my desire to gamble, it will be much easier to fall into gambling addiction and this will become worse and worse.

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June 13, 2024, 09:57:44 PM
 #93

So if you get on a lost bet you stop playing? How does it even work?
Yes, I will stop for a moment because I am mentally weak in gambling,
When I lose in gambling I pause to calm my mind and mentality so as not to go too far to make bets or some games.

I was really scrutinized and thought about what next step I should take, not to make bets or games with an unspecified amount.

It may seem very skeptical, but this is what happened to me and everything I thought about so as not to lose too much in gambling because I also consider gambling only as entertainment with the allocation that I have determined to be as minimal as possible.

R


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June 13, 2024, 10:07:06 PM
 #94

So if you get on a lost bet you stop playing? How does it even work?
yes I will stop for a while because my mentality is indeed that weak in gambling,
Normally, the best thing for anyone to do when ever they are no longer comfortable with the amount or number of loses they've encountered while gambling; is to stop playing and maybe come back again the next day, or better still, try another game.

There is this saying that most gamblers often give up playing while they are very close to hitting a major win, personally, I don't know exactly how true that believe or statement is, but one thing I do know is that sometimes, those who because of statements as that, force themself to keep playing when they should have taken a break, often times end up with so much regret as a result of how much they end up losing.

But then on the hand, this is not to say that some gamblers don't get really lucky, some actually end up winning amounts they never expended just after theyve thought of to stop playing, but yet continued some how.

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June 13, 2024, 10:21:10 PM
 #95

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]
Every gambler have their lucky times and Days, so is their loosing day's Also known as their rainy days too aswell, gambling isn't such that you have to compulsory win all the times, we only win the times when we are lucky regardless of how much we feel to think that it was because of how well we were able to really perform but pretty much, we get to see in the long term that we can be really right about a team and the team fails to meet up with expectations on the pitch and I find that even more disappointing than the regular ones where by we had almost no expectations on them, so there are no certainties with things as this whenever they get to happen as they are not pretty much under our control.

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June 13, 2024, 10:24:34 PM
 #96

Looking at the games you chose, even though they were games involving strong teams with a good squad against moderate and weak teams with an average squad, most of the games you chose were friendly matches, and in friendly matches even when the teams good teams put all their best players on, even so in these games you tend to see surprises, just see for example at the home of the French national team who haven't done well in friendly games even when they play with all their good players, but if you look at France Playing in a serious competition, you will see yourself beating the same team that they lost to in the friendly game. Looking at Egypt's game against Guinea-Bissau, which was a serious game, because it was a qualifying game for the World Cup, it was a game in which Guinea-Bissau had a lot of draws and Egypt only has Salah as good internationally famous player, so I wasn't surprised by this draw. I would say that this sequence of defeats you had is something normal

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June 13, 2024, 10:44:47 PM
 #97

Obviously i quit gambling. Why should i continue when i have noticed that the day is not a lucky day for me. However, since there are various ways people who react to a situation like this is till feel the right thing is to quit it will save us from the level of emotional trauma, amount of loss and stop us from being irresponsible in gambling.

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.
That’s just the reason why I do encourage gamblers not to go beyond their limit when gambling because anything can happen. No matter how sure you are about the bet you are about to place, make sure you don’t exceed your limit. You shouldn’t be too confident when gambling, because anything can happen. Just imagine you gambled with all the money you have, since you are confident that you are going to win the bet, and things changed, how will you be able to get money to keep on gambling? But if you plan yourself, even if things don’t go well, you will still be able to gamble.

Correctly spoken. Not increasing the amount of stake on a single bet. There are games our friend might bring to us claiming it is sure bet and that we should use a substantial amount to bet it. But we shouldn't use all our money on it. At least using money we can afford to lose if the game get loss whether big or small.

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June 14, 2024, 01:34:17 AM
 #98

Have you had this experience before, and how were you able to manage/handle it?
My solution is the same as the others, take a break until I find a better match to bet on or force my way through the bad luck while betting smaller amounts. There are days when a regular losing streak won't be enough to stop me from betting because it still depends on how you spend your bankroll and sometimes you only need a few winning bets to bring yourself back in the same starting position. If I get the urge to go above my max bet, I always try to remind myself that it's not a race about recovering my losses and focus more on prolonging my bankroll.

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June 14, 2024, 03:15:43 AM
 #99

Have you had this experience before, and how were you able to manage/handle it?
My solution is the same as the others, take a break until I find a better match to bet on or force my way through the bad luck while betting smaller amounts. There are days when a regular losing streak won't be enough to stop me from betting because it still depends on how you spend your bankroll and sometimes you only need a few winning bets to bring yourself back in the same starting position. If I get the urge to go above my max bet, I always try to remind myself that it's not a race about recovering my losses and focus more on prolonging my bankroll.
Yes, of course everyone will say that because if we continue to force ourselves to continue gambling we will certainly experience the same defeat again and this requires us to be able to control the gambling we do and don't let us play a game uncontrollably and after it ends the funds we bring only regret the things we do in the bets we play, indeed this is very difficult to do but we must be able to limit the bets we play and I agree with you in gambling and we are encouraged to bet bigger we must We can remind ourselves to be able to place bets in calm conditions and not when we are running a race. Of course, this will be better for preserving the funds we have so as not to use more of it in betting.

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June 14, 2024, 03:36:37 AM
 #100

You ask how do I overcome a losing streak of up to 5 times? usually I stop gambling for a while because the losing streak makes me a little annoyed because I didn't win one of my predictions, I think this has become a normal thing because sometimes matches are quite difficult to predict, especially if it's a world cup or friendly match, we can only rely on luck in our favor because to win in a match like that we cannot guess for sure even though the odds are lower.

Losing in a row in matches like this is a normal thing and we have to be able to accept it even though it is a little annoying and stop for a while so that your emotions can be controlled, so that you don't let your frustration out on betting again which ultimately makes you lose again, when you predict gambling. When you still feel irritated, usually your prediction will end badly, it's better to think clearly in predicting the match and calm yourself before starting gambling again.

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