Gambling loss will make you go backward in your life

[Issa56]

If you are well at gambling,you can play the gambling.Because gambling is played with the risk of your own earned money.In case,you loss the money.You are forced to reinvested the money to get back your gambling loss.

When gambling and you lose, nobody is forcing anyone to put more money, when you lose, it’s your choice either to keep on gambling or stop, but people are being warned multiple times that when they lose, they should never try to win back their loss, because if you try to do that, there is higher chances that you're going to lose more money, and you might end up losing the money deposited, which you wanted to use to win back your loss.
 
When you gamble, you are supposed to have a gambling budget, which once it has been used up, you are not supposed to deposit more money at that time, no matter the condition. If you don’t have a budget for yourself, then you will end up gambling anyhow, which will lead to addition. Make sure you always follow your budget, mmediately you use it up, don’t deposit more money, that should be the end of your gambling for that moment.

[TelolettOm]

If every gambler has this thought and consideration and really realizes it with good emotional and risk management, then the possibility of becoming addicted gamblers will be less. And indeed management of risk and also what we have is very important when gambling, it's not just a waste of money, but we also have to be able to control our emotions and desires in gambling. If not, it will end in addiction. And unfortunately, many gamblers can't do it well, and eventually become bad addicted gamblers.


Source: Reasons to Follow Money Management

I read this in a good site for money management in gambling. and yes, that's it. a very crucial information that we must have at least to save us from being loss control of gambling and addiction.

Practical Tips for Players
For effective money management when playing in online casinos, it is important to follow a few key recommendations. First, set a clear budget for the game. Set the amount you are willing to spend and never exceed it. This approach will help you avoid excessive spending and save your financial resources. Secondly, use a strategy of cost allocation. Divide your budget into several gambling sessions to be able to play longer and enjoy the process more.

Source: The Importance of Money Management Skills in Online Casinos

[DaNNy001]

If you are well at gambling,you can play the gambling.Because gambling is played with the risk of your own earned money.In case,you loss the money.You are forced to reinvested the money to get back your gambling loss.If you loss again,you will need to play till you recover all the loss.But the game is based on the algorithm,So if you fail to change the game after sometime.You will loss all the money in few set of betting.Incase you had multiples your capital in gambling site,you should withdraw the funds immediately.So you will able to avoid of complete losses due to the gambling addiction and the greedy gambling due to gambling addiction.You should not play the revenge gambling against the gambling site,which leads to big loss in gambling site.

You made mention of revenge gambling, I remember how I lost about a hundred dollars due to the fact that I was chasing a very little amount of money That I lost. most gamblers going through a rough phase financially get into this trap of chasing their losses. You must learn to accept the fact that whatever you have lost is gone, chasing it by gambling more is actually a very stupid idea but at that moment greed would make you do some irrational things. Not disciplining your emotions as a gambler would definitely make you deal with a lot of losses.

[Wapfika]

…

You clearly don’t use casino properly if you think of getting back your losses on your game. Gambling is form entertainment and not a financial tool which means you should only gamble an amount that you can afford to lose so that you will not chase loss or have the urge to gamble because you are still at loss.

It’s impossible to have a consistent profit in gambling due to house edge which means there’s a high chance that you will always lose the frequent you gamble.

Just risk what you can afford to lose and don’t complicate your life.

[BABY SHOES]

Chasing losses is a bad thing especially when your intention is to get revenge with the previous game... I don't think this can be right some gambling players also know that this is a fatal mistake made by gamblers,

Usually greed will make everything crazy ... Keep playing calmly, don't let you overplay with the money you have spent and even spend all your savings just for gambling. For me playing naturally is also better, right?

Emotional control and responsibility and discipline are also important in gambling.

[Orpichukwu]

You made mention of revenge gambling, I remember how I lost about a hundred dollars due to the fact that I was chasing a very little amount of money That I lost. most gamblers going through a rough phase financially get into this trap of chasing their losses. You must learn to accept the fact that whatever you have lost is gone, chasing it by gambling more is actually a very stupid idea but at that moment greed would make you do some irrational things. Not disciplining your emotions as a gambler would definitely make you deal with a lot of losses.

This is one of the challenges that most gamblers are facing and have not yet been able to overcome. Once you start chasing your losses, you are already one way to losing more money than what you are trying to recover, as your judgement to how you play won't be those same again, and the more you try to recover the old ones, the more you will lose, which the higher the loss, the more difficult it becomes to recover it.

[passwordnow]

You are forced to reinvested the money to get back your gambling loss.

Don't say this.
Many are misinformed about this thought with gambling and investing. When you deposit your money into your casino account for gambling, don't say that you're reinvesting it to recover your losses. This is the reason why many becomes more addicted due to the fact that they think that redepositing is an investment and that's okay for them to do it. Little did many of those misinformed people know, they're not reinvesting but re-gambling per se.

[mirakal]

So don't gamble irresponsibly by trying to beat the casino itself, because you will never gain an edge over the casino but will only put yourself at a big loss. Your only weapon in gambling is when you play with luck on your side, because surely you will end up winning a lot, but once luck is over, that's the time you have to gamble with caution. Gamble only on an amount you can afford to lose, otherwise you will end up with gambling addiction because you take revenge trying to make an edge over the casino.
.

[Sandra_hakeem]

They say never chase losses and "they" are correct. It will just lead you down a rabbit hole of despair. Once you start chasing losses you start making desperate choices and before you know it, you're down millions and thinking about ending it all. Just not worth it. Place a bet for cheap and have fun vs trying to think you're gonna make millions. Life will be much better for you.

....and it's easier said than done.
Discipline is one thing that can shape you, but if neglected or not done In the proper way with the a better mindset, can break you!. How easy is it to stick to a game plan for the most part? How many gamblers can still beat their hands on their chest and say - I have followed due process to control my habit for this ..... Long? Just a bunch of gullible people that feel they can topple the casino and claim everything, doesn't work that way!

The biggest motivations are out on all platforms now a days; you log into a site and they already bombarding your screen with ads on sure odds, speculation theories, bla bla bla.. meh!
I got 'em ads bombing in and I just had to log off, only for me to bump into it again on a wallet for quick services... What? It still led me to the same crap casino games....

[bering]

If you are well at gambling,you can play the gambling.Because gambling is played with the risk of your own earned money.In case,you loss the money.You are forced to reinvested the money to get back your gambling loss.If you loss again,you will need to play till you recover all the loss.But the game is based on the algorithm,So if you fail to change the game after sometime.You will loss all the money in few set of betting.Incase you had multiples your capital in gambling site,you should withdraw the funds immediately.So you will able to avoid of complete losses due to the gambling addiction and the greedy gambling due to gambling addiction.You should not play the revenge gambling against the gambling site,which leads to big loss in gambling site.

Attempt to recover all of the loses i think this is common thing to happend in gambling world and i am sure almost every gamblers has done that and i am sure majority people at this forum also has experience just like this that after lost then people has starting to thinking to recover their loses and return to gambling again and this is the biggest mistakes from the gamblers because it can lead them to suffering huge lost and about the revenge against gambling i think this act is similar just like you want to beat the casinos and i think it is very impossible to do because as a players it is their destiny that they will always lose against the casino

[KTChampions]

Gambling can only make you go backward in life if you take gambling as a personal business. We have been warned several times that we should gamble with what we can afford to lose, and Morover gambling is just for fun. So when you take gambling as a priority or an avenue to make quick money, then you become tempted to gamble above your discretion. And out of your own greediness you chase after loses. If people can be able to control their emotions and actions, there wouldn't be so much loses. So In Short term, " we are the reason for our own problem"

It's quite funny that people who want to make quick money on gambling generally do not try to realize the absurdity of this idea. As if if it were possible to make easy money, it would not have been done before them. Probably these are the same people who believe in Santa Claus.
Moreover, many come here on the advice of friends (or idiotic influencers from social networks) from whom they learned a way to fool a casino/bookmaker. Naivety of the highest level.

[cryptomaniac_xxx]

If you are well at gambling,you can play the gambling.Because gambling is played with the risk of your own earned money.In case,you loss the money.You are forced to reinvested the money to get back your gambling loss.If you loss again,you will need to play till you recover all the loss.But the game is based on the algorithm,So if you fail to change the game after sometime.You will loss all the money in few set of betting.Incase you had multiples your capital in gambling site,you should withdraw the funds immediately.So you will able to avoid of complete losses due to the gambling addiction and the greedy gambling due to gambling addiction.You should not play the revenge gambling against the gambling site,which leads to big loss in gambling site.

Definitely, as when you lose in gambling, in means it's negative profit on your end. And so if you have a job, then you need to go to work again and wait for the next 2 weeks to have money. Or if you are rich, maybe you can make it again with your investments or in your business. Nevertheless, it's going to hurt you as you have to cover it again and again.

Others sell some properties to cover it or to continue playing. So it's really hard in your life if you are into gambling. Maybe for some, as a professional like poker player joining tournaments as it is their job. But for average and then addicted gamblers already, gonna be hard to recover what you have lost already.

[Fivestar4everMVP]

If you are well at gambling,you can play the gambling.Because gambling is played with the risk of your own earned money.In case,you loss the money.You are forced to reinvested the money to get back your gambling loss.If you loss again,you will need to play till you recover all the loss.But the game is based on the algorithm,So if you fail to change the game after sometime.You will loss all the money in few set of betting.Incase you had multiples your capital in gambling site,you should withdraw the funds immediately.So you will able to avoid of complete losses due to the gambling addiction and the greedy gambling due to gambling addiction.You should not play the revenge gambling against the gambling site,which leads to big loss in gambling site.

Well, according to what the topic of this thread says, I will rather want to believe that gambling losses does not actually make the gambler to go backward financially in life, except on occasions or if the gambler has been gambling wrongly (like you explained above) and possibly with money that he or she was not meant or supposed to gamble with...

Gambling as we know it is a two way thing, you either lose or you win, and it is not a crime for one to try his or her luck in gambling,, but one should make sure he or she make provisions for it, to ensure that money being spent on gambling is one that he or she is ready to loose, since there are no guarantees of any kind, as long as gambling is concerned.

[LogitechMouse]

If you are well at gambling,you can play the gambling.Because gambling is played with the risk of your own earned money.In case,you loss the money.You are forced to reinvested the money to get back your gambling loss.If you loss again,you will need to play till you recover all the loss.

Not really TBH. It's your decision if you want to recover those losses and invest your own money again or borrow money from others just to recover it. Reinvesting your money isn't be done by force, but by decision.

Incase you had multiples your capital in gambling site,you should withdraw the funds immediately.So you will able to avoid of complete losses due to the gambling addiction and the greedy gambling due to gambling addiction.You should not play the revenge gambling against the gambling site,which leads to big loss in gambling site.

It's easy to say, and I've heard that many times to many users here, but applying it on real life? Many can withdraw their funds on a gambling site, but there are some who feel the adrenaline rush as soon as they're winning hence, they will continue gambling until they lost all of their funds. There are some gamblers out there who can't control themselves and don't know when to stop when needed. Gamblers can be greedy especially if they feel that they can continue on winning. As for revenge gambling, it mustn't been done by gamblers but like I said, there are some who are doing it and while some of them ended up pretty well, most of them ended up miserably.

At the end of the day, losing money in gambling is something that we should consider when we are gambling and we should not recover our losses if we loss becuase that might lead to further losses as well.

[tvplus006]

In case,you loss the money.You are forced to reinvested the money to get back your gambling loss.If you loss again,you will need to play till you recover all the loss...

Isn't there such an option to stop after losing? To recoup at any cost is what distinguishes an ordinary player from a ludomaniac. If the game did not work out from the very beginning, you just need to stop it, since it is obvious that fortune is not with you today.

[acroman08]

If you are well at gambling,you can play the gambling.Because gambling is played with the risk of your own earned money.In case,you loss the money.You are forced to reinvested the money to get back your gambling loss.If you loss again,you will need to play till you recover all the loss.

I'm sorry but who said you have to reinvest and gamble again to get the money that you lost? this kind of thinking is one of the worst ways to have when you are a gambler. also, when you are gambling it is extremely important to only gamble what you can afford to lose you do not get the pressure of trying to get back the money that you've lost in gambling. people who have this kind of thinking are doomed to fail and most likely will lose a lot of money in their lives because of gambling.

[Slow death]

If you are well at gambling,you can play the gambling.Because gambling is played with the risk of your own earned money.In case,you loss the money.You are forced to reinvested the money to get back your gambling loss.If you loss again,you will need to play till you recover all the loss.But the game is based on the algorithm,So if you fail to change the game after sometime.You will loss all the money in few set of betting.Incase you had multiples your capital in gambling site,you should withdraw the funds immediately.So you will able to avoid of complete losses due to the gambling addiction and the greedy gambling due to gambling addiction.You should not play the revenge gambling against the gambling site,which leads to big loss in gambling site.

Gambling is not something that people look at as a way to make money. It's funny how people hardly understand this. Even when they are faced with a scenario where they are constantly losing when they play, they will still continue to think that the next day things will change and will be in their favor and they will win. But what happens is that the next day they lose again. If we ask people what exactly they gain when they spend money to go to the beach, they will answer that they have fun at the beach. They do not gain money by going to the beach. So in the casino, that is exactly how people should look at it. They are spending money to spend time playing and challenging the machines or other opponents. In my opinion, that is the fun that is had in gambling. Now, when people start thinking about making a profit, that person destroys his life.

[uswa56]

You made mention of revenge gambling, I remember how I lost about a hundred dollars due to the fact that I was chasing a very little amount of money That I lost. most gamblers going through a rough phase financially get into this trap of chasing their losses. You must learn to accept the fact that whatever you have lost is gone, chasing it by gambling more is actually a very stupid idea but at that moment greed would make you do some irrational things. Not disciplining your emotions as a gambler would definitely make you deal with a lot of losses.

This is one of the challenges that most gamblers are facing and have not yet been able to overcome. Once you start chasing your losses, you are already one way to losing more money than what you are trying to recover, as your judgement to how you play won't be those same again, and the more you try to recover the old ones, the more you will lose, which the higher the loss, the more difficult it becomes to recover it.

This is indeed not an easy thing for everyone, moreover, they still have funds that can be used to bet and it is not uncommon for us to see those who return to betting after experiencing a defeat they will play with emotions and it will certainly be difficult for them to be able to get a victory and even the game played cannot last long because they play with emotions,  So it will be better when we have suffered a defeat we must be able to stop and no longer continue to bet at that time so as not to suffer bigger losses.

[Troytech]

If you are well at gambling,you can play the gambling.Because gambling is played with the risk of your own earned money.In case,you loss the money.You are forced to reinvested the money to get back your gambling loss.If you loss again,you will need to play till you recover all the loss.But the game is based on the algorithm,So if you fail to change the game after sometime.You will loss all the money in few set of betting.Incase you had multiples your capital in gambling site,you should withdraw the funds immediately.So you will able to avoid of complete losses due to the gambling addiction and the greedy gambling due to gambling addiction.You should not play the revenge gambling against the gambling site,which leads to big loss in gambling site.

You made mention of revenge gambling, I remember how I lost about a hundred dollars due to the fact that I was chasing a very little amount of money That I lost. most gamblers going through a rough phase financially get into this trap of chasing their losses. You must learn to accept the fact that whatever you have lost is gone, chasing it by gambling more is actually a very stupid idea but at that moment greed would make you do some irrational things. Not disciplining your emotions as a gambler would definitely make you deal with a lot of losses.

When life throws a curve ball on someone they tend to make bad decisions without considering the consequences of their actions. Imagine a gambler losing a small amount because of his present condition he would chase the loss by using the last money he has. On a normal day, he can let go of such an amount and forget. It's just so bad that most of us get to find ourselves in such a condition and the reality of life is that we all would take the same action of chasing the loss. It will be rare to see a gambler who will discipline himself in that situation.

Dont call it a stupid idea. 90% of gamblers would do that at the first experience just like I said. It takes someone who has been in that situation to understand its the wrong thing to do at that moment. You fell for it, and you realized yourselves and won't do that again. So will others who get to be in that situation.