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Author Topic: Gambling loss will make you go backward in your life  (Read 637 times)
Gheka
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October 07, 2024, 02:02:21 PM
 #81

Gambling is a game that has risk associated with it and anyone going into it have to make adequate preparations for losses which cannot be avoided. Despite the losses that do come, the gains of gambling are also there so it is not only a one-way thing as people make it to look like. So, I do not agree that gambling will make someone go backward in life because you are advised to only gamble with what you can afford to lose. If you fail to apply this law of managing your money properly especially with gambling, then the outcome will really be unfavorable.
I think we still have some points that can be exploited in this issue, although many people are still not addicted to gambling, sober enough not to let losing become a reason and emotion in daily life but it belongs to the group of people who have a generous vision, see through the structure of this game, for some people whose brains are too sensitive and spend space thinking about losing money, their lives will take alarming steps backwards. The spinning in the brain can only be failures, instead of the main task every day is to do the job properly with the inherent obligation, they spend time thinking of ways to return to gambling to push back the lost money but that is a big wrong thinking

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October 07, 2024, 02:14:47 PM
 #82

So the conclusion is that a person needs to gamble responsibly and gamble using money that he is ready to lose. Because usually for people who are not responsible in their gambling, they will try continuously to be able to return their previous losses knowing that they have lost in a row, but they still gamble until they finally lose all their money. This is a stupid thing and can destroy people. So if a person wins, he should withdraw the money and then use it for various things he wants, not gamble it again. Or if he loses in a row, just stop, and take a break, then he can gamble again. It will be quite difficult, but at least it can save the gambler from their ruin.

R


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October 07, 2024, 02:59:19 PM
 #83


Yes oo, gambling is not something that anyone must depend on as their only source of income because they will be disappointed so badly. For example, I placed 3 bet among which, non was successful. I lost all the match and that's not only it, so many times I don't make any wining from my bets. Imagine that gambling is my only source of income? Wouldn't I be disappointed?
If that is true, then you are binding your life to gambling, becoming a slave to the game of chance. You lost the moment you entered this path. Now when you want to turn back and look for the light of life, the sky is full of darkness. There is no winning in gambling, there is absolutely no way to win, the only way to win is not to gamble. Just one loss and you will start sinking deeper and deeper into debt. However, I advise you to try to stop, no matter how much debt pressure you have. Gambling will not be the solution that you rely on to earn money to pay off debt, so find freedom for yourself. And this is just a hypothesis.

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October 07, 2024, 03:02:30 PM
 #84

I may not completely have to go by this, because eventually, all of us have experienced loosing a bet while gambling and yet not all of us were backward in life, this is about our personal decisions and determination, how we are gambling and the specific kind of gambler we are, if we are gambling responsibly, then there is nothing to cause fear or chaos in what we do while gambling except when we do otherwise.

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October 07, 2024, 03:25:28 PM
 #85

This is why bankroll management and don't chase your losses are two important reasons to prevent from this problem.

Gambling loss will not destroy you as long as you're not an addict.

There are no accurate formulas that guarantees success in gambling. It's okay to have some strategies that works for you, but you do not need to create any form of over dependence and trust in it that would make you see it as a source of revenue.
I think when the @OP said he deposit more money after he ran out first deposit, it's clear that the strategy that used by @OP is not working. A good strategy will work and it doesn't need to make more deposit if it's keep making money.

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October 07, 2024, 03:54:09 PM
 #86

This is why bankroll management and don't chase your losses are two important reasons to prevent from this problem.

Gambling loss will not destroy you as long as you're not an addict.

There are no accurate formulas that guarantees success in gambling. It's okay to have some strategies that works for you, but you do not need to create any form of over dependence and trust in it that would make you see it as a source of revenue.
I think when the @OP said he deposit more money after he ran out first deposit, it's clear that the strategy that used by @OP is not working. A good strategy will work and it doesn't need to make more deposit if it's keep making money.
Strategy is really just that good for prolonging up the game but the bad thing that most gamblers been thinking that they are making use of this to think up that they could eventually be able to make out those constant wins on which we know that this is something that cant really be possible on this aspect.  Gambling loses are really that normal, the thing which isnt normal is that on how you would really be doing act
and made out decisions according into it. We do know that when it comes into this situation or moment then gamblers do really that become impulsive and this is why they would really be messing up their lives
because of too much expectation because of too much greed that they cant really be able to control it out.

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October 07, 2024, 05:21:56 PM
 #87

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.

If you play only with ready-to-lose money, then when you lose, of course you can stop gambling  without the need to have a plan for revenge or a plan to play with the target of taking back the money you have lost before. Although you play only with money that is ready to lose, it does not mean that you deliberately bet to lose, but still have a winning target. But what will be the biggest difference about people who bet with money that must be doubled,  is that they will always try to continue gambling whether the result is losing or winning. But, people who bet only with money that is ready to lose,  at least they will play calmly and play with pleasure and will not ruin their lives.

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October 07, 2024, 07:18:22 PM
 #88

Well yeah any kind of addiction that leads you to lose all of your money is going to be detrimental to your life no matter the addiction.  Gambling can get out of hand quick because of the access to lose your money quickly.  There are plenty of places to get help if that's the case.  I always told myself once gambling isn't being done for entertainment it's time to stop.

Period! It is awesome to always draw lines for yourself when you are faced with some life decisions such as choosing whether to gamble or not. As an individual, it is always good to draw limitations to anything we do in life being it directly detrimental or not. It is good to always establish discipline in our lifestyle so as to gauge the things we do. Many gamblers who end up losing their hard earned money to gambles and yet won't stop. On worse occasions, we've seen people who go as far as selling their lifetime investments to stake the money to gambling odds. It's absolutely a wrong practice.

Agreed.  I look at it like this.  If I would spend $200 to go to a sporting event, what I get back is a fun night out watching a game I want to see.  Gambling the same.  I set the amount I want to play with and at anytime it is not serving any entertainment value to me I walk away.  If I lose it all I chalk it up to an entertainment cost.  Set intervals just like you would spend you available money for entertainment for that month.  Keeps things clean.

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October 07, 2024, 07:28:24 PM
 #89

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.
This is true if you aren't doing things that will keep you safe gambling, such as having some side hustle that gives you funds other from gambling, multiple streams of income, you should safe, that is manage your risks, have betting plans, how much you wish to set aside for gambling, always withdraw your profit whenever you have profit opportunity shows up, this is how you can survive without putting in funds way to the extent where you go broke.

 
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October 07, 2024, 07:52:36 PM
 #90

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.

Always bare in mind that you should play what you can afford to lose, don't ever stress out yourself playing more often just to recover all past losses. The more desire you're going to effort with, it would definitely frustrates you all over again and it becomes a recurring problem. Most people just ignore this feeling and they're always having excuses but the reality always slaps everybody without even noticing it. You're going back to nothing if gambling is out of control, let's all be careful.

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October 07, 2024, 07:54:28 PM
 #91

That why gambling platforms will always tell u it not for under 18 and they will also tell you to gamble responsibly. Anybody that is going into gambling is because they want to make profit and anybody engage in gambling will always have an atom of Greed in them. Those that are not greedy don't normally engage in gambling, so if you are into gambling you just need to learn how to reduce your Greed and you will make profit and again try to pick the games that are most sure for you and your most preferred option so no matter the odd you will use fundz to boost your potential winning and I feel your lost will be minimal.

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October 07, 2024, 08:07:43 PM
 #92

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 are not forced to keep reinvesting money into gambling, firstly gambling is not an investment, and you are to keep playing when you have more spare funds available to gamble.

Secondly, you are not supposed to continue chasing your losses. You should gamble in moderation and have a gambling budget, always fund with amounts that you can afford to loose. Chasing loses puts people in the way of uncontrollable gambling, increases loss and paves way for addiction problems that totally destroys the person.

There are no accurate formulas that guarantees success in gambling. It's okay to have some strategies that works for you, but you do not need to create any form of over dependence and trust in it that would make you see it as a source of revenue.
If any gambler have the believe that gamble can change his life, he might be positive about gamble but the truth of it is that gamble can only profit the gambler if only the person is lucky. Like yesterday, my neighbor cash out 11k (naira) but the whole games played and the whole amount was 80k (naira). The gambler said he cashout the bet because he was having some depts to clear and he needed the money urgently.
No matter the gambler cashout the 11k, that was the right thing to do because if he kept the game and didn't cashout no body knows what might be the result of the bet, and still he also used the money to pay his dept.











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October 07, 2024, 08:16:30 PM
 #93

I may not completely have to go by this, because eventually, all of us have experienced loosing a bet while gambling and yet not all of us were backward in life, this is about our personal decisions and determination, how we are gambling and the specific kind of gambler we are, if we are gambling responsibly, then there is nothing to cause fear or chaos in what we do while gambling except when we do otherwise.

I actually agree with this. The consequences of gambling will mostly depend on how we gamble. A lot of us don't gamble with large funds which means that even if we are losing, it is not affecting our lives financially, and since we don't spend a lot of time on it as well, so it's not affecting our personal lives as well.

That being said, those who gamble a lot both by spending a lot of money and time will surely have to face negative consequences for their actions which means that they are going to lose a lot of money and time in gambling which they shouldn't and this might take them back in life because both time and money are essential things for anyone in their lives.

So as you said, responsible gambling can save us from this.

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October 07, 2024, 08:30:43 PM
 #94

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.

First and foremost, there is nothing like reinvesting money, in gambling you either risk what you can afford to lose, you are not investing because when you invest, you are expecting a huge money but gambling, you will be expecting a loss even if your mind tells you to expect something. If you put some money into gambling and you expect to have the money back in many fold, then you are don't know what you are doing in the first place.

Gambling is risky, very risky and with zero expectations, put something you know that if you lose, you wouldn't feel any pain, feel remorseful about the money loss but you should learn from what made you lose money. If you play the wrong game at the wrong time, don't repeat it again and if it's the timing, learn to adjust and if it's the skill you lack, improve it.

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October 07, 2024, 08:43:30 PM
Last edit: October 08, 2024, 06:07:47 AM by Die_empty
 #95

First and foremost, there is nothing like reinvesting money, in gambling you either risk what you can afford to lose, you are not investing because when you invest, you are expecting a huge money but gambling, you will be expecting a loss even if your mind tells you to expect something. If you put some money into gambling and you expect to have the money back in many fold, then you are don't know what you are doing in the first place.

Gambling is risky, very risky and with zero expectations, put something you know that if you lose, you wouldn't feel any pain, feel remorseful about the money loss but you should learn from what made you lose money. If you play the wrong game at the wrong time, don't repeat it again and if it's the timing, learn to adjust and if it's the skill you lack, improve it.
If you want to invest in a business don't put your money into gambling. How can you invest in an unpredictable business, that might be a grave mistake that can cost you a fortune? Businessmen sometimes take loans to invest in business, so a gambler who sees gambling as an investment can go to the extent of taking loans.   

For me the most dominant factor in gambling is luck. In my opinion, there is no special time that guarantees constant wins. You might be win in a row at a certain period but it doesn't guarantee that it will be consistent. I have not considered how time affects wins but I doubt it exists. I might be wrong because I have heard gamblers saying the win more easily at a certain time. 

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October 07, 2024, 09:23:45 PM
 #96

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.
I seems not to understand what you meant by the title of this thread which reads "Gambling loss will make you go backward in your life" because for me, I think it ought to have been that "Gambling loss will make you go bankrupt in your life", because inasmuch as gambling addiction not ideal and yet there is a general advocacy to make people gamble responsibly, I really don't see how will gambling make an individual goes backward, if only the statement was direct and not a figure of speech. However, it's wise and advisable people gamble what they can always afford to lose, and strive not to chase after loses, as you may likely to lose more if you choose to chase loses.

 
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October 07, 2024, 09:34:29 PM
 #97

The only way that gambling can make someone goes backward in they financial life is when they gamble above they limits and not being able to control they greed, some people who gamble mostly in sport bets have developed a habit of knowing a team so well to the point that they can blindly stake any amount of money on a team even if they are not sure of the possibility of the team winning.


Also in some instances, they go as far as borrowing money to stake on those bets because of the fake and imaginary believe that they built along the line and this have effected them really bad in some ways and have thrown them into some unstable financial conditions.

 
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October 07, 2024, 09:38:25 PM
 #98

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 should be engaged only with money that you can spare, since casinos are not going to invest so much money and hire so many people to lose against you, then it is obvious they are going to give themselves an advantage over the player so they can pay for all of their costs and earn a profit, something that should not surprise anyone as that is exactly what any other business does and the gambling industry is not an exception to this.
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October 07, 2024, 10:14:32 PM
 #99

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.
I'm happy you had to recognize that your gambling with your hard earned money, so being careful should be your watch word. now when you lose your money while gambling, you are not forced to reinvest, when you lose your money consistently in a row while gambling you don't need to continue, you need to take a break, because most times the idea of getting back the money you've lost makes you to be eager, and eagerness is not something a gambler should associate himself with. Revenge gambling does no one any good, and once the algorithm notices that your putting pressure to recover your loss, it will make you to loose more.











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October 07, 2024, 10:38:03 PM
 #100

I may not completely have to go by this, because eventually, all of us have experienced loosing a bet while gambling and yet not all of us were backward in life, this is about our personal decisions and determination, how we are gambling and the specific kind of gambler we are, if we are gambling responsibly, then there is nothing to cause fear or chaos in what we do while gambling except when we do otherwise.

I actually agree with this. The consequences of gambling will mostly depend on how we gamble. A lot of us don't gamble with large funds which means that even if we are losing, it is not affecting our lives financially, and since we don't spend a lot of time on it as well, so it's not affecting our personal lives as well.

That being said, those who gamble a lot both by spending a lot of money and time will surely have to face negative consequences for their actions which means that they are going to lose a lot of money and time in gambling which they shouldn't and this might take them back in life because both time and money are essential things for anyone in their lives.

So as you said, responsible gambling can save us from this.
without realizing it, more actions will become a big problem. ruined gamblers will lose great hope and a lost life that is difficult to find a way home. many ruined gamblers always convey messages to beginners, prepare your mentality and wise thoughts so that everything is under control and not carried away by the flow of lust. and do not make the main role of finding money enough as entertainment

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