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Author Topic: Gambling loss will make you go backward in your life  (Read 665 times)
uneng
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October 07, 2024, 12:03:47 AM
 #41

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.
No, you aren't forced to anything. The only thing you should ensure is to not gamble with money you can't afford to lose and that is all. Gambling belongs to entertainment category, so calculate how much from your budget you can spend with entertaining activities and limit yourself to spend only that sum of money.

Gambling isn't an investment where the more money you put into it, more it returns to you. Neither a job where you can make a source of income from. Gambling is an expense, a passive in your finances, something which needs a constant flux of money coming in to be maintained. Furthermore, gambling is for those who already have money to spend, and not for those seeking to earn money for a living.

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October 07, 2024, 12:47:42 AM
 #42

You are forced to reinvested the money to get back your gambling loss.
You make it sound like gambling is an investment when you lose in gambling it's wrong to start gambling more so that you can recover what you have lost. You may never get to retrieve it. Chasing loses has kept a lot of gamblers in a situation where they cant continue with life again. Now, it's not a force to continue gambling when we lose. There is a choice and that alone should be made by us. There is nowhere written in the casino that advised anyone to continue gambling when they lose. You just used the wrong words in those scenarios.

In as much as some gambler might be lucky enough to win back their loss its still possible that they would have lost in their bet. Its a two way thing. Lose or win just like any other games.

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October 07, 2024, 12:49:02 AM
 #43

Just say that all gamblers should gamble responsibly in every decision they make, and from what you said I can probably conclude that you are talking about a type of casino game that has an algorithm that has been set by the dealer regarding how much the gambler should win and how much the gambler loses, but in fact responsibility applies to all types of gambling because in general gambling will always be an activity that cannot be known about the results.

So if you want to get involved in gambling, make sure that you already know and understand what and how gambling really is, don't just look at gambling from the side of the chance of winning, but also consider the risk side, because besides you can win of course you are also very likely to lose, because in my opinion a gambler will be able to have good responsibility only when they know and understand the negative side such as the big risks that can be caused by gambling.

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October 07, 2024, 12:57:21 AM
 #44

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.
No, you aren't forced to anything. The only thing you should ensure is to not gamble with money you can't afford to lose and that is all. Gambling belongs to entertainment category, so calculate how much from your budget you can spend with entertaining activities and limit yourself to spend only that sum of money.
(....)
It seems OP wants to say is if you want to get back your losses then you really need to put money in again just to be able to play and have a chance to get back your losses.

I can relate to what OP said especially the title like "go backward in your life" because I know a lot of people have experienced this, especially even my family members where what they experiencing now is what they experienced a long time ago when they having difficulty financially.

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October 07, 2024, 01:00:58 AM
 #45

I’d like to be the voice of reason here and say that if a gambling loss has the potential to set you back in life then you are wagering far too much money. A gambling loss shouldn’t have any effect on your life whatsoever after about 10 seconds of feeling like you could have won. Gambling shouldn’t effect your life any more than a video game.

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October 07, 2024, 02:06:48 AM
 #46

That is what happen if you treat gambling as a source of income. You will come back over and over to recover your losses while you want to wins from the games.
But the reality will not the same as what you want because gambling is not a source of income. People could only playing gambling for fun and not having intention to make money.
They must consider to playing gambling in their free time so they will not lose all of the money at once. If you can manage your money to playing gambling, you can prevent the big lose while you can also avoids gambling addiction.

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October 07, 2024, 02:40:07 AM
 #47

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.
Those who play well may earn good profit both in a casino but If the person can't control his/her emotion then the person may not save him/her and finally, the person must be turned into a loss. But if the person can control then the person might remain profitable.

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October 07, 2024, 02:57:19 AM
 #48

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.

Just remember that gambling is something that can be done by an individual or by any number of people. As long as we don't forget that once we get greedy, the result of our gambling will definitely not be good.

That's why others say that when gambling responsibly, gamble as long as you know yourself that you can control it, because when gambling controls us, for sure in the end we will end up with addiction similar to what happened to other people. early gamblers.

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October 07, 2024, 03:02:38 AM
 #49

Big losses not only in gambling, but also in trading, for example, will force you to return to a less prosperous life. This is all sad, but this is the price for frivolity and lack of risk management. There are even special tables that allow you to calculate the percentage of profit that is needed to return to the previous amount of capital. Let's say if you lose 1% of your capital, then in order to compensate for it, you need to earn 1.01% profit. If you lose 10% of your capital, then to compensate for this loss you need to earn 11.11%. If you lose 50% of your capital, then you need to compensate for this with 100% profit. Thus, large losses cost us very dearly.

 
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October 07, 2024, 03:24:45 AM
 #50

Big losses not only in gambling, but also in trading, for example, will force you to return to a less prosperous life. This is all sad, but this is the price for frivolity and lack of risk management.

I might say, It is the price of being an irresponsible gambler. I think it is a human nature to return to get back what you lose when you lose at something, especially in gambling, but some people ignores the fact that they could lose even more when they continue despite of the huge loss. I will not say it's still frivolousness, but it is more of a frustrations. 
I've known some people who can control their emotions and maintain composure despite of the series of losses, but I've even known more people who aren't and will not go home until the pockets were empty.

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October 07, 2024, 03:48:35 AM
 #51

I might say, It is the price of being an irresponsible gambler. I think it is a human nature to return to get back what you lose when you lose at something, especially in gambling, but some people ignores the fact that they could lose even more when they continue despite of the huge loss. I will not say it's still frivolousness, but it is more of a frustrations. 
If we have a chance to gain something that we’ve lost, won’t we all take that chance and get it back? Except in gambling if we go back then there’s just more risk than when you first started playing. But when you have lost everything your mind will not be logical and will think of ways, no matter how illogical, to gain back what you have lost or more. We’ve heard of people getting lucky in gambling so they are hoping that they become like them.
Quote
I've known some people who can control their emotions and maintain composure despite of the series of losses, but I've even known more people who aren't and will not go home until the pockets were empty.
It takes maturity patience and discipline to be able to walk away once you’ve lost. Not everyone is able to practice that and results to bad decisions

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October 07, 2024, 04:13:58 AM
 #52

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 an important point about how satisfaction can quickly turn negative if someone tries to keep up with their losses. I completely agree that it's important to recognize when things are different. It is progressing south and stopping it before it gets out of control is important. The key to gambling responsibly is to set limits from the start. In terms of time and money Don't settle with money you can't afford to lose. And you will always have an exit strategy. Especially if you are on a winning streak.

Revenge gambling, where someone bets to try to recoup their losses, is one of the biggest mistakes. This often leads to bigger losses as the betting algorithms and odds are stacked against you. If you win It is wise to withdraw your profits. Avoid fraud or hoping to "get back" what you lost. Gambling should be viewed as a hobby. It's not a way to make money. And clear boundaries are important to keep them that way.

Big losses not only in gambling, but also in trading, for example, will force you to return to a less prosperous life. This is all sad, but this is the price for frivolity and lack of risk management. There are even special tables that allow you to calculate the percentage of profit that is needed to return to the previous amount of capital. Let's say if you lose 1% of your capital, then in order to compensate for it, you need to earn 1.01% profit. If you lose 10% of your capital, then to compensate for this loss you need to earn 11.11%. If you lose 50% of your capital, then you need to compensate for this with 100% profit. Thus, large losses cost us very dearly.

You are absolutely right. Whether gambling or business A major loss can be devastating and difficult to recover from. This is why strong risk management is so important for high-risk activities. The idea is that we need a higher percentage of profits to compensate for losses. It clearly shows how dangerous it can be to let things go. spread until it was uncontrollable Not just numbers But it's also the emotional part of trying to recover from major trauma. This may cause people to make more reckless, out-of-the-box decisions.

both in gambling and trading Setting clear limits on the risks you are willing to take. And having a clear plan to protect your funds can save you from these situations. Just like gambling, in business, in the revenge business. where people do things impulsively in order to achieve losses. It often leads to the biggest losses. Pulling back when things don't go well and sticking to a well-thought-out strategy are keys to longevity in both worlds. A better approach is to view these tasks as long games. Risk management and discipline are always more important than short-term profits.

Big losses not only in gambling, but also in trading, for example, will force you to return to a less prosperous life. This is all sad, but this is the price for frivolity and lack of risk management.

I might say, It is the price of being an irresponsible gambler. I think it is a human nature to return to get back what you lose when you lose at something, especially in gambling, but some people ignores the fact that they could lose even more when they continue despite of the huge loss. I will not say it's still frivolousness, but it is more of a frustrations. 
I've known some people who can control their emotions and maintain composure despite of the series of losses, but I've even known more people who aren't and will not go home until the pockets were empty.

You are at the right place. Human nature makes it difficult to walk away from emotional wounds. Especially when the pain comes. It's a natural reaction when you'd like to "get back" something you've lost. But this can easily lead to huge losses. Whether it is gambling or trading this is where the emotional side plays an important role. Managing emotions and controlling the desire to pursue loss is the hardest skill.

You said that there are people who remember through loss and that makes the difference between those who can afford to lose. Make them manageable, and those who become even a bigger loss. But that is not all it is, isn't it?. It has a plan, sticks to it, especially when things get a bit rough In business, having a stop loss or preset betting limit can help keep the emotions that creep up with those empty pockets. End In the end, it's about discipline in ways not to make those impulsive decisions that happen when you are angry or in a desperate position.

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October 07, 2024, 04:39:07 AM
 #53

Yes, most people out there always try to avenge their defeat with bigger win, they will try to keep playing and betting for all these ambitions and eventually deposit more money and lose again until they lose everything faster.
This is the stupidity of gambler, they don't think about the algorithm in gambling and they can't realize the advantage of the dealer or think that all losses and defeats are guaranteed so that in the end they make various mistakes that harm themselves.
Indeed, gambler in the long term will only feel setback and they can have history of very large losses, especially an addict who will clearly always gamble whether they have money or not, they are definitely part of the people who experience destruction over time.

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October 07, 2024, 05:45:21 AM
 #54

The greatest form of addiction is chasing loses, it'll make the gambler to become desperate and it can lead to more loses. In the end the gambler can become broke and even go to the extent of borrowing money to fund chasing the loses that has accumulated. The solution is to practice responsible gambling if the gambler must continue gambling The strategy is to have gambling budget and be disciplined to stick to it, without it there's a likelihood of any gambler to become addicted. From your income you should map out a budget and be disciplined not to exceed the amount when you're gambling whether you're winning or losing.











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October 07, 2024, 05:49:46 AM
 #55

~
Okay hold up. The ideology that "if you lose money, you are forced to play again to get back your money" is exactly the reason why your title shouldn't make sense. Why? Because the premise shouldn't have even happened in the first place! Stop blaming the goddamn game, blame yourself for being a dumbass that continues to play the game regardless of your current situation. Addiction in the first place only happens because of a person being irresponsible with how they gamble. Winning or losing doesn't have anything to do about it imo. Even a winner can be an addict.

 
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October 07, 2024, 06:10:53 AM
 #56

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.
it's probably that you're playing a luck based game and you're not careful enough to make proper gambling plans and that's why you're considering gambling after every gamble just so you can recover your loss. It's a bad gambling strategy and the number one root cause of gambling addiction.

Sometimes, it's how that we're a bit care free when it has to do with the attention we give to the amount we allocate to our gambling and how soon we're to go back into playing the bet after we've lost that causes us to experience these kind of losss. If you are one that's meticulous with your spending, and that understand that gambling is not a source of income, it will guide you to use an amount that once you've lost it, you wouldn't fight to recover it back by all cost.


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October 07, 2024, 06:21:42 AM
 #57

Gambling can take a person's life into the background if he takes to gambling in such a way that he spends more than 20 hours in 24 hours gambling. If he takes up gambling as a personal business to the exclusion of all other activities, he will soon find himself in a situation from which he cannot extricate himself. If someone takes up gambling as a career and personal business, it will take no time for him to become bankrupt i.e. he will be in a situation where he will never be able to control the situation. If someone takes gambling as one of the main sources of income, his life will fade into the background.  They will destroy their careers as well as families.

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October 07, 2024, 06:22:29 AM
 #58

Yes, most people out there always try to avenge their defeat with bigger win, they will try to keep playing and betting for all these ambitions and eventually deposit more money and lose again until they lose everything faster.
This is the stupidity of gambler, they don't think about the algorithm in gambling and they can't realize the advantage of the dealer or think that all losses and defeats are guaranteed so that in the end they make various mistakes that harm themselves.
Indeed, gambler in the long term will only feel setback and they can have history of very large losses, especially an addict who will clearly always gamble whether they have money or not, they are definitely part of the people who experience destruction over time.
the more we pursue victory, then it is certain that we are in uncontrolled emotions at that time, and we know that in gambling when we cannot control our emotions then what can happen, yes it is a greater defeat and maybe we will even spend all the money we have. This is something we must avoid, and in fact we continue to remind ourselves of this. I do not get tired of always saying this, because usually humans have a nature where when not reminded they will forget something they must obey. Gambling has a very big risk if we cannot control ourselves. Whether it is returning the defeat or pursuing victory, it is something wrong that we should not do.

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October 07, 2024, 08:14:38 AM
 #59

Seems like another topic full of water. Another discussion about losing and chasing loss. But I find topic name funny and misleading. How many times I have to lose to go backwards to childhood or to stone age? I really wish to go back to childhood. Anyway, it was mentioned numerous times before but I will repeat, since people still make huge discussions about. Either dont bother about money when you gamble; gamble for fun. Or dont cry about money lost. Gamble responsibly.

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October 07, 2024, 08:34:46 AM
 #60

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.
Revenge gambling had only cost most persons more losses than profits, its only in a few scenario a few persons have been lucky enough to still win back their money and make some extra profits even after loosing out in the game earlier. you did suggested withdrawal at some point so as to probably prevent further loss but for an addict, that may not be solution enough because they will definitely not rest until they have lost all of their funds, for such persons having an empty gambling wallet will be better or they should go seek help so they don't spend all their money and are not able to win later and become a problem at some point.

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