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Author Topic: How were you able to handle a losing streak up to 5 times and above?  (Read 870 times)
livingfree
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June 15, 2024, 01:57:01 PM
 #121

Whatever happens, don't ruin your plans. I agree to OP that you have to stick from what you have planned for. Because things might go wrongly if you are the one to violate your own goal and plan.

And handling a losing streak is another different thing for each gambler to take. It's too hot to handle our losses because it's not easy at all.

My take with that is no different than the others. Simple, move on and get on your shoes and do some jogs to sweat out that stress from losing streak.

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June 15, 2024, 02:20:52 PM
 #122

Quote from: lovesmayfamilis
For some people, such a streak of bad luck can turn out for the better. Someone determines that it is not his place to bet if luck and his predictions do not work correctly. To some extent, these people save themselves from wasting money and, therefore, stress. But those who confidently go against the wind, stubbornly making other bets, must understand their mistakes, since indeed, you cannot make the same mistakes over and over again, and at the same time, expect changes for the better.
It hard for such luck to turn for my favor than to make me continue losing in a way it will make me regret why I made such decisions, which is the reason, I don't gamble above my budget in gambling which is what is still keeping me in gambling till today.

When you know the partner that is working for you in the gambling, you don't allow other people winning to make you gamble against your wish because it can make some gamblers to loss some money ,and it can even make them not to gamble for a long period of time.

You can get it right, if you can be able to avoid some of the things that made you to miss the last opportunity in the gambling, but if you still continue with those partners in the gambling, it will not going to make you succeed well in your gambling.

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June 22, 2024, 09:35:06 AM
 #123


Have you had this experience before, and how were you able to manage/handle it?
Losing streak is part of gambling, in terms of gambling losses, I really think I've lost considerably, even more than this. That was back then in 2016-2018 when I was a man made for the bookies, but this is a considerable loss though.

When I encounter this kind of loss, I just abandon gambling for the mean time since I'm encountering the devil in it and go for something else refreshing and different to soothe my tensed nerves. I don't continue so that situations don't get messier.

I love gambling on club matches as against country matches, I think I'm better at predicting it and understand it more since it's something we encounter and watch on a daily for a longer period of time than country tournaments which is once in a while.

R


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June 22, 2024, 03:35:24 PM
 #124

Not just game strategy is included in gambling psychology. You also have to be aware of your reaction to victories and defeat. The management of risks is a key gambling issue raised by your story. Financial difficulties can be avoided if you create and follow a budget. This approach is completely reasonable in a society that frequently promotes risk without considering the bad results. By having a mental barrier around this, you will resist the temptation to "chase losses," which typically results in even more failure. Healthy gambling is about how well you can maintain your principles in the face of adversity as much as how much you win or lose. Always follow the plan

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June 22, 2024, 03:42:40 PM
 #125

Martingale all the way... If we have been on a long losing streak then double the bet is the way to recover, and it doesn't have to be in the same session, after you lose you can come back the next day with a new bankroll and try again but this time betting more. At least that's what i do.

We must have in mind some basic principles about gambling, we can't always win, but at the same time, we can't always lose.

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June 22, 2024, 03:43:25 PM
 #126

Not just game strategy is included in gambling psychology. You also have to be aware of your reaction to victories and defeat. The management of risks is a key gambling issue raised by your story. Financial difficulties can be avoided if you create and follow a budget. This approach is completely reasonable in a society that frequently promotes risk without considering the bad results. By having a mental barrier around this, you will resist the temptation to "chase losses," which typically results in even more failure. Healthy gambling is about how well you can maintain your principles in the face of adversity as much as how much you win or lose. Always follow the plan

But what plan you can prepared before you gambling? Typically the only plan you can do is set your target profit while the amount of bankroll is obviously either bust or profit in the end.

The rest about strategy planning for the game itself and how you will handle your emotion while playing is very hard to maintain in reality because our emotion is always the number enemy that keeps us decide based on the current situation in gambling. It’s easy to chase losses when you are already down big time on the game because of the emotion which you will not do if you are still not gambling.

It’s very hard to apply general gambling guidelines in real games.

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June 22, 2024, 04:04:34 PM
 #127

Loosing streak can be very terrible for a gambler and worse when risk management is not in place. I have experienced it many times and I try never to be in such situation again. I have been a able to find a way of retaining my sanity whenever I find myself enmeshed in loosing streak. I apply the pattern of reducing my gambling amount by half whenever I lose 3 rounds in a row and when I get to the 5th loss in a raw, I take a break. It can be few weeks break or few days break but I will stay away from gambling for a while to put my psychology in check. Others might have their ways of handling this, so I hope to learn too.
It is normal to lose in gambling, not 5 times in a row, more than that, no one can avoid it. If one uses gambling for fun and is not too worried about the amount to bet and can accept the loss then this will not be a problem for him. But if someone thinks that he has advance win while placing bets and his bets are for earning and he does not have the ability to lose the amount he bets or if his money is borrowed money then he will suffer a lot. Which is very harmful to both his health and financial side. For this always risk management should be learned and gambling should always be used for fun purposes

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June 22, 2024, 04:09:41 PM
 #128

I didn't reach that losing streak, because I control my funds before it too late and in order to do that I'm not using huge amount of capital. Making gambling for fun was just a good idea, but losing several times was really a devastating situation. Most certain cases leads to distress and your emotions would be affected. Many people couldn't handle it, and some might said they'd able to handle and overcome regrets and worries but in the end it was just an alibi.

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June 22, 2024, 04:15:26 PM
 #129


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.
Frustration is very certain but I think we have to accept the fact that losing is normal in gambling even if we have long experience as this won't increase our chances when we just rely on luck. That is why we can't be too emotional in gambling or else, this will lead us to more suffering. This is how important to understand the nature of gambling, those who can't accept losses are those gamblers who can't taste winning as well. Why? The more they feel annoyed and disappointed, the more they can't think of the right thing to do because what is in their mind is to get back their money and they will never stop committing mistakes until they realize it.
I completely agree that no matter how uncomfortable it is, with such a losing streak, we should admit to ourselves that we have failed and our current luck is still not enough to have a better ending, instead of thinking of any other way to deal with the losing streak, we should put ourselves in a state of egolessness, not taking any further actions when that will be the biggest loopholes. Unfortunately, many people's minds do not help them achieve a state of isolation from the world of gambling, and what remains in their mind is the unpleasant provocation of losing.

The human mind sometimes can be hard to control and that's why many people fail to get the point that sometimes losing can't be overturned. If I were to be in such situation, I would personally just lay low because losing changes the thinking and entire mentality of a gambler during that period and when you can't think straight, nothing would ever seem to work out.

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June 22, 2024, 04:20:31 PM
 #130

Loosing streak can be very terrible for a gambler and worse when risk management is not in place. I have experienced it many times and I try never to be in such situation again. I have been a able to find a way of retaining my sanity whenever I find myself enmeshed in loosing streak. I apply the pattern of reducing my gambling amount by half whenever I lose 3 rounds in a row and when I get to the 5th loss in a raw, I take a break. It can be few weeks break or few days break but I will stay away from gambling for a while to put my psychology in check. Others might have their ways of handling this, so I hope to learn too.
It is normal to lose in gambling, not 5 times in a row, more than that, no one can avoid it. If one uses gambling for fun and is not too worried about the amount to bet and can accept the loss then this will not be a problem for him. But if someone thinks that he has advance win while placing bets and his bets are for earning and he does not have the ability to lose the amount he bets or if his money is borrowed money then he will suffer a lot. Which is very harmful to both his health and financial side. For this always risk management should be learned and gambling should always be used for fun purposes
Speaking about 5x in a row then this is usually happening into those games or simply with casino based type games on which it would really be that too easy to acquire these loses on which it would really be that unlikely for it to happen on sports betting but we do know that when it comes to potential loses then we do really know that everything could really be that possible and this is something that we should really be that tending to be wary as long we are dealing with betting or gambling then loses could really be on losing streaks. This is why on the moment that you are planning on making up some gambling sessions then always allocate on the amount on which you can only afford to lose and never ever on spending on the amount on which you cant really be able to afford to lose.

People would become that impulsive on the moment that they will really be losing up money and in result it would really be something that make you that impulsive and this is something
that you should really be trying to look and realize on such moment or condition.

R


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June 22, 2024, 04:32:21 PM
 #131

I didn't reach that losing streak, because I control my funds before it too late and in order to do that I'm not using huge amount of capital. Making gambling for fun was just a good idea, but losing several times was really a devastating situation. Most certain cases leads to distress and your emotions would be affected. Many people couldn't handle it, and some might said they'd able to handle and overcome regrets and worries but in the end it was just an alibi.

In gambling, losing streaks are bound to happen, no matter whether you have good control or a good strategy. Because after all, when you experience defeat, you will also continue to bet in the hope that the next result will be a win. Maybe, it won't be a problem if you only bet with money and flat odds, because what is a problem is when you bet by increasing your bet, whether it's increasing the odds or just increasing your money. But the point is, there will always be hope for you to win when you experience a losing streak and therefore, stopping betting is something that is difficult when you cannot control it.

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June 22, 2024, 11:34:03 PM
 #132

I didn't reach that losing streak, because I control my funds before it too late and in order to do that I'm not using huge amount of capital. Making gambling for fun was just a good idea, but losing several times was really a devastating situation. Most certain cases leads to distress and your emotions would be affected. Many people couldn't handle it, and some might said they'd able to handle and overcome regrets and worries but in the end it was just an alibi.

In gambling, losing streaks are bound to happen, no matter whether you have good control or a good strategy. Because after all, when you experience defeat, you will also continue to bet in the hope that the next result will be a win. Maybe, it won't be a problem if you only bet with money and flat odds, because what is a problem is when you bet by increasing your bet, whether it's increasing the odds or just increasing your money. But the point is, there will always be hope for you to win when you experience a losing streak and therefore, stopping betting is something that is difficult when you cannot control it.

Indeed, without self control I guess a person couldn't stop betting until such time his/her funds will totally drain out and worst is the debts will eventually increase so high. That's making it difficult, so other eager gamblers who got losing streaks would rather hope and seek luck from betting all over again just to expect winnings with the same scenario which tend to loss eventually.

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