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Author Topic: Revenge Gambling, Is That the Right Way When You Lose?  (Read 225 times)
Patikno (OP)
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October 02, 2024, 03:53:08 PM
 #1

Losing and winning are common things in gambling, some even think that these two things are a cycle. Doing revenge gambling can be one way to get back the previous bankroll that has been lost, this just happened to me last night, I lost $250 in my gambling section, then I made another deposit twice as big as before, and it ended up with $1,000+ in my bankroll. Many people think this is a bad habit, not having management in gambling, but if I didn't do that, maybe I would have lost last night.

I have a few questions for you guys regarding revenge gambling:
➥ Have you ever done revenge gambling?
➥ What is your biggest win/loss from revenge gambling?
➥ What do you think about revenge gambling in general?

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October 02, 2024, 04:03:11 PM
 #2

Revenge gambling you mean chasing your loses in other terms, and this could be good and also bad depending on the outcome of your new session, I have also experienced same thing with yours so me times in fact on a repeated basis I have chase my loses, but most often than none I end up losing more, and the reason is that, each time I me I engage in that partten of gambling, in the last session I am always carried away with my quest to win the bet at all cost and this make me lose more.

But u can say that you are lucky to have been able to recover your previous loses and even make some gains from the current session, but still yet gambling is a risk it either win or lose and the house is always at advantage the reason why many lose more than win.

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October 02, 2024, 04:06:37 PM
 #3

Many people think this is a bad habit, not having management in gambling, but if I didn't do that, maybe I would have lost last night.

Would you have this same thought if you had lost those deposits you made? I

Quote
I have a few questions for you guys regarding revenge gambling:
➥ Have you ever done revenge gambling?

Nope, I haven’t made any deposits just so I can go after a money I lost in gambling - this is the same as chasing after a lost and I believe it’s good for gamblers to realize how much they are risking when they indulge themselves in it.

Quote
➥ What is your biggest win/loss from revenge gambling?

I haven’t chased after a lost before so it’s safe to say that my total revenge gambling lost (as you called it) is $0 and same goes for my win - I’ve lost during normal session currently I’ve been on a losing streak but still haven’t gone back to chase them.

Quote
➥ What do you think about revenge gambling in general?

It’s a bad practice, yes there is a possibility of you winning back what you lost and even more but still there a possibility of you getting lost in the process and then making deposits or using an amount that you won’t be able to lose just because you thought you’d win more if you make use of it.

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October 02, 2024, 04:13:52 PM
 #4

This is not revenge gambling, this is Loss Chasing!
It's actually one of the first signs that should tell you you're close to an addiction and you need to stop it now!
It is much based on the same gambler's fallacy that if you have lost 10 times you will not lose 10 times again, which of course's not true, and will only result in you losing much more now that you play haotic and increase the bet in order to recoup those losses.
In short, the worst kind of betting you could do!

Many people think this is a bad habit, not having management in gambling, but if I didn't do that, maybe I would have lost last night.

And if you would have lost that again what would you have done?
Doubling again, playing some sort of martingale on random events that are not influenced at all by what the previous bet result was?

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October 02, 2024, 04:24:48 PM
 #5

Losing and winning are common things in gambling, some even think that these two things are a cycle. Doing revenge gambling can be one way to get back the previous bankroll that has been lost, this just happened to me last night, I lost $250 in my gambling section, then I made another deposit twice as big as before, and it ended up with $1,000+ in my bankroll. Many people think this is a bad habit, not having management in gambling, but if I didn't do that, maybe I would have lost last night.


God, you were lucky but in my perspective if your second deposit is $500 then you would have ended with -$750 instead of $1000 so there's no way it can be justified as right thing, you took some wild decision at the moment and that's supposed to happen once in a while but don't make it as a habit cause the right term for that is 'chasing our loss' which mostly end up badly.

I have some principles and never try to chase my loss is one of it so I can get away with minimal loss than forcing it to more because of my stubbornness.

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October 02, 2024, 04:27:24 PM
 #6

➥ Have you ever done revenge gambling?
➥ What is your biggest win/loss from revenge gambling?
➥ What do you think about revenge gambling in general?

I have tried chasing losses in my early gambling days and it didn't end well. I have lost some amount and was tempted to keep betting hoping the recover my losses. I ended up staking more than I could afford to lose which made me to take a loan for survival. Can't remember the amount but it was equivalent to my weekly wage. I have also heard several stories about loss chasing and most of them didn't end well. The easiest means to become addicted to gambling is to engage in consistent loss chasing. Revenge gambling like you call it should be avoided because it can cause more harm than help.

R


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October 02, 2024, 04:28:44 PM
 #7

Losing and winning are common things in gambling, some even think that these two things are a cycle. Doing revenge gambling can be one way to get back the previous bankroll that has been lost, this just happened to me last night, I lost $250 in my gambling section, then I made another deposit twice as big as before, and it ended up with $1,000+ in my bankroll. Many people think this is a bad habit, not having management in gambling, but if I didn't do that, maybe I would have lost last night.
You were lucky yesterday. You may not be lucky next time. So it is better you do not do that again. If you lose the second time, you may think of increasing the money. It somehow looks like martingale strategy and it is very risky like martingale strategy.

I have a few questions for you guys regarding revenge gambling:
➥ Have you ever done revenge gambling?
➥ What is your biggest win/loss from revenge gambling?
➥ What do you think about revenge gambling in general?
➥ I have done revenge gambling several times before and it always end up bad. All gamblers would have experienced it before.
➥ 20% or less win. 80% or more losses.
➥ Revenge gambling is very bad for gamblers. It means the person is looking for means to earn money from gambling which is very bad.

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October 02, 2024, 04:29:00 PM
 #8

➥ Have you ever done revenge gambling?
➥ What is your biggest win/loss from revenge gambling?
➥ What do you think about revenge gambling in general?

1. I'm sure I have done it long time ago when I was still newbie in the gambling industry, I used to have a mindset that I have to take back what I have lost before.
    I'm sure most gamblers do the same thing especially newbie because they want to recover what they've lost.
2. Cant really remember because it was long time ago and since I consider it as a mistake so I do not do it anymore.
3. First of all I will not call it as revenge, but it is kind of effort to recover or chasing what we have lost before.
   Trying to recover what we have lost before is natural but it can be something dangerous which will make us into bigger loss especially if we do not set limit.
   I would recommend to forget what we have lost (although it is hard) then always start a new gambling session like we have never gambled before.

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October 02, 2024, 04:34:26 PM
 #9

.

I have a few questions for you guys regarding revenge gambling:
➥ Have you ever done revenge gambling?
➥ What is your biggest win/loss from revenge gambling?
➥ What do you think about revenge gambling in general?

This is chasing your losses and you must never employ this strategy at anytime, The right way and mindset is to forget what happened after you logged out or got out from the gambling platform, Thinking of recovering your losses is very risky because it will throw off your game because you are pressure to win the game and when you are trying to win in a game, you will eventually lose.
I always feel that I have a good chance of winning if my mind is relaxed and very receptive and accepting of whatever happens, it better this way because there's no pressure that will result in a disappointing loss.

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October 02, 2024, 04:36:35 PM
 #10

Just like chasing defeat... and for me this is the wrong way, maybe you are lucky this time who initially lost $250 and then deposited again after that was able to multiply by $1000+ it can be said that you were lucky last night because you were able to win, try to imagine how many people chasing defeat ended up losing it all.

But I congratulate my friend with the victory of $1000 + it can support life for more than 2 months. Cheesy

➥ Have you ever done revenge gambling?
Gambling revenge? That was once... But never in large amounts but only $20.
The first $20 deposit lost... and another $20 deposit lost again...

➥ What is your biggest win/loss from revenge gambling?
Never... All I remember is that there was no good return.

➥ What do you think about revenge gambling in general?
For me this is the wrong way of revenge in gambling... It's a bad thing to keep doing.

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October 02, 2024, 04:36:54 PM
 #11


I have a few questions for you guys regarding revenge gambling:
➥ Have you ever done revenge gambling?
Yes, I have. And the pain and regret came afterwards. It ruined my day.
Quote
➥ What is your biggest win/loss from revenge gambling?
It was a small bet and what was left for the winnings to reach the minimum withdrawalable amount was just about $2. I didn't deposit another money but continued playing with the one I had already won hoping that I'll hit $2 or more dollars to withdraw. I was dead wrong. In less that two minutes, my winnings had gone down to less than $8.
Quote
➥ What do you think about revenge gambling in general?
I say, resist the urge... It is like chasing losses. It is futile and it always ends in more losses and emotional pain.

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CryptoHeadlineNews
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October 02, 2024, 04:46:30 PM
 #12

I have a few questions for you guys regarding revenge gambling:
➥ Have you ever done revenge gambling?
➥ What is your biggest win/loss from revenge gambling?
➥ What do you think about revenge gambling in general?
Revenge gambling is literally not entirely bad or neither the best approach to gambling, as it involves taking of high risk, of which you are likely to go financially bankrupt if you loses everything or financially stable if you are luck to hit a jackpot. Hence, judging from O.P's scenario, then it's obvious, his might have been a result of luck after multiple trial, which is not new, as every serious gambler might have experience such situation while trying to recover previous loses. Hence, inasmuch as O.P might have gotten lucky at his second deposit, it's not a guarantee you will always get lucky at your second deposit. Gamble responsibly, and take a risk you can always afford to lose, just as O.P was able to afford to lose his second deposit.

However, I have tried revenge gambling, and it is nded both in a mixture of loses and winning via using the minimum betting amount

 
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October 02, 2024, 04:46:54 PM
 #13

....
I have a few questions for you guys regarding revenge gambling:
➥ Have you ever done revenge gambling?
➥ What is your biggest win/loss from revenge gambling?
➥ What do you think about revenge gambling in general?

I have never gone through revenge gambling, no.
Actually, I have seen a couple of stories about successful revenge gambling here in the forum, people who lost all their gambling budget and decided to double down, and getting away with much more then they deposited, but it is something I would not do or recommend anyone to do, at all.
Revenge gambling is just an alternative term for chasing one's losses, and chasing one's losses only lead to more losses, in the most of the cases.
It is healthier just to bite the bullet and face the consequences of having bad luck, log out and move on with the rest of one's day.

Also, keep in mind in many occasions people who do revenge gambling use money they did not intend to gamble in the first place, that is how economical issues begin.

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October 02, 2024, 04:56:38 PM
 #14

New fancy term “Revenge” gambling. I mean, you can say it as just a normal deposit made to recover the losses. I mean, we all do it. Whenever I make some losses and have some targets to achieve, I deposit more to recover the losses and then gamble till the target is achieved. Yes, whether it is right or wrong, I am just giving my perspective. Whenever I lose big, I give a mini break from gambling. I don’t hurry to recover the losses. As you have mentioned, OP, that you instantly deposited double and gambled, it might harm the overall bankroll. You were just lucky, I would say, and didn’t make further losses. Gamble wisely by taking all the calculative risk. Don’t go for this instant revenge at casinos. Don’t forget the casino always wins.

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October 02, 2024, 05:21:42 PM
 #15

As a gambler you must learn how to discipline yourself and master your emotions otherwise you might tend to make a lot wrong choices when it comes to gambling. Some people think you only need to control yourself when you are losing, winning also comes with a lot of a dopamine rush, when you win the more you would want to keep trying, this might lead to losses. Revenge gambling can wreck you easily, always learn to accept your losses and stop chasing them. Gambling more to gain back what you lost doesn't really make sense if you think about it critically.

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October 02, 2024, 05:35:15 PM
 #16

Losing and winning are common things in gambling, some even think that these two things are a cycle. Doing revenge gambling can be one way to get back the previous bankroll that has been lost, this just happened to me last night, I lost $250 in my gambling section, then I made another deposit twice as big as before, and it ended up with $1,000+ in my bankroll. Many people think this is a bad habit, not having management in gambling, but if I didn't do that, maybe I would have lost last night.
or you would have lost your $500 and now you are down $750. I'm glad that you ended up winning but what you did is a bad habit, if you do that often enough you'd most likely be on a negative profit, what you are doing is basically chasing your losses and it almost does not end well for the gambler when they do that, I hope you do not make this a habit of yours.

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October 02, 2024, 05:51:59 PM
 #17

Losing and winning are common things in gambling, some even think that these two things are a cycle. Doing revenge gambling can be one way to get back the previous bankroll that has been lost, this just happened to me last night, I lost $250 in my gambling section, then I made another deposit twice as big as before, and it ended up with $1,000+ in my bankroll. Many people think this is a bad habit, not having management in gambling, but if I didn't do that, maybe I would have lost last night.
Because it works for you the first time does not mean that it will continue working like that in the future, and I won't even advise you to give people such advice to be chasing their losses because it's one of the best ways to lose more money to gambling; you might try it next time and lose even more than the amount you were trying to recover, and the more money you lose, the harder it will get for you to recover that lost money.

 
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October 02, 2024, 05:52:41 PM
 #18

Losing and winning are common things in gambling, some even think that these two things are a cycle. Doing revenge gambling can be one way to get back the previous bankroll that has been lost, this just happened to me last night, I lost $250 in my gambling section, then I made another deposit twice as big as before, and it ended up with $1,000+ in my bankroll. Many people think this is a bad habit, not having management in gambling, but if I didn't do that, maybe I would have lost last night.
or you would have lost your $500 and now you are down $750. I'm glad that you ended up winning but what you did is a bad habit, if you do that often enough you'd most likely be on a negative profit, what you are doing is basically chasing your losses and it almost does not end well for the gambler when they do that, I hope you do not make this a habit of yours.

To be honest I will like to know about the examples where the gambler who are chasing the losses have actually succeeded in their mission and able to convert the losses to wins ?

I know by searching it on the Google I may found some stories but actually we need to know it from the people who are gambling here and get the first hand knowledge of the percentage of the people who get succeeded if they do the revenge gambling. I am sure the result will be very less of those people who are satisfied after revenge gambling. And most of the gamblers would have lost even more money and they learn over the time to accept the losses and never chase them.

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October 02, 2024, 05:56:46 PM
 #19

Losing and winning are common things in gambling, some even think that these two things are a cycle. Doing revenge gambling can be one way to get back the previous bankroll that has been lost, this just happened to me last night, I lost $250 in my gambling section, then I made another deposit twice as big as before, and it ended up with $1,000+ in my bankroll. Many people think this is a bad habit, not having management in gambling, but if I didn't do that, maybe I would have lost last night.

I have a few questions for you guys regarding revenge gambling:
➥ Have you ever done revenge gambling?
➥ What is your biggest win/loss from revenge gambling?
➥ What do you think about revenge gambling in general?

I tried during older days of my teenage life and nothing went good as I've observed, everything got worst and I never recovered that loss I had. There's no such big or small loss, I always considered those experiences I had with gambling as break even towards my finances. Thinking about gambling, generally its always a huge frustrations in life having reverse mindset that wouldn't be fulfilled even though you've having more efforts towards it.

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October 02, 2024, 06:00:33 PM
 #20

Losing and winning are common things in gambling, some even think that these two things are a cycle. Doing revenge gambling can be one way to get back the previous bankroll that has been lost, this just happened to me last night, I lost $250 in my gambling section, then I made another deposit twice as big as before, and it ended up with $1,000+ in my bankroll. Many people think this is a bad habit, not having management in gambling, but if I didn't do that, maybe I would have lost last night.

In this case you were lucky, but what if you had lost again? Let's imagine that you lost $250, you deposit $500 and play, but you lose everything again. Then you will have lost a total of $750. And if you chase your losses, you would have to deposit $750 or more and risk losing again. The problem of chasing losses is very serious and leads people to ruin.

➥ Have you ever done revenge gambling?

I definitely don't chase losses. I think it's a very dangerous path, one that I won't follow.

➥ What is your biggest win/loss from revenge gambling?

Since I don't chase losses, I don't have any big gains or losses coming from chasing losses.

➥ What do you think about revenge gambling in general?

In my opinion this is the worst mistake that people should not make. People should stay away from chasing losses. People who become addicted to gambling, and it is because they chase losses.

see this article:

A clinician at Birches Health has stated that chasing losses is the most frequent betting behavior he’s seen among individuals with gambling disorder.

source: https://bircheshealth.com/resources/chasing-losses-sports-betting

Chasing losses is a path that easily leads to addiction, I hope no one chases losses

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..PLAY NOW..
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