Loss Aversion: A Critical Factor for Responsible Gambling.

[Mpamaegbu]

A while ago I posted, asking people if Trading exchanges have a responsibility to identify addiction as casinos do, and relating this to how addiction is a recognized health problem by medical professionals.

I don't see addiction as a health problem. It's a mental problem. It's something that messes with the brain and makes addicts react in certain ways that show them clutch to habits they find irresistible.

but anyway, the point is, all these psychological factors are real observations and scientifically correct.

That comment of yours there even further amplifies it as a mental issue, not health.

Now the law is asking casinos to look for people who have vulnerabilities like these and not to take advantage of it. Unfortunately most don't. Until enforcement comes in.

Capitalists aren't moralists. Casino owners are capitalists who are out to make money from their investments. They aren't setting up their casinos to preach morality. That's why there are disclaimers and all sorts of warnings on their sites. It's so no one feels they're taking advantage of their vulnerability even when they know they are. Without regulations and enforcements, a lot will get out of hands; not only with casinos but across every business.

[swogerino]

The disclaimers on the casino sites are because they have to comply with government laws as if they don't set such banners they risk to get business closed in many countries and even worse in some jurisdictions they risk to go to jail. The fact that most casinos are flourishing and are doing great is a good reason for anyone to start some critical thinking before joining a casino, when you will be hit by severe lost amount of money in consecutive sessions you should not be surprised at all as that is what goes on mostly in such places so before venturing in one of them to play think carefully as I said. If you sit down and think of how many people are losing compared to how few are winning I bet my house only some idiot can join one, as Einstein said, insanity is doing the same thing all over again and expecting different results.

[Su-asa]

When you already know about that, you must prevent yourself not to getting in the trap by always controlling yourself in gambling. But once again, human will gets the lure to gambling because of the bonus that the casino gives.
Gamblers can lose more and more if they can not take care themselves and willing to chase the wins or recover their lose. Once they forget to control themselves, that time will be the time for them to gets more losses.

That is why you need to know how to avoids the temptation that the casino gives so you will not spends more money that you can not afford to lose. You will only playing gambling with enough money that you willing to lose if you don't have luck.

When you understand the psychological trap losing comes with you'd know how to make adjustments or how to control yourself from making further mistakes. Like you said humans would always want to push their luck either to keep on winning or try to get back what they have lost, the psychological trap behind this is to keep you in a constant cycle of winning and losing more that you have won trapped in that illusion that you can always keep winning if you keep trying despite the fact that you are losing. Once a gambler lacks self control and discipline he will always find himself trapped in this endless loop os losses.

[Mahanton]

When you already know about that, you must prevent yourself not to getting in the trap by always controlling yourself in gambling. But once again, human will gets the lure to gambling because of the bonus that the casino gives.
Gamblers can lose more and more if they can not take care themselves and willing to chase the wins or recover their lose. Once they forget to control themselves, that time will be the time for them to gets more losses.

That is why you need to know how to avoids the temptation that the casino gives so you will not spends more money that you can not afford to lose. You will only playing gambling with enough money that you willing to lose if you don't have luck.

When you understand the psychological trap losing comes with you'd know how to make adjustments or how to control yourself from making further mistakes. Like you said humans would always want to push their luck either to keep on winning or try to get back what they have lost, the psychological trap behind this is to keep you in a constant cycle of winning and losing more that you have won trapped in that illusion that you can always keep winning if you keep trying despite the fact that you are losing. Once a gambler lacks self control and discipline he will always find himself trapped in this endless loop os losses.

A very normal common human being behavior on which at the moment or time that you do suffer loses then on your next time dealing then you do already know on what you should gonna do next. It is really just that depending on how someone will really be reacting into the things that they are really that getting involved into.It will really be that too impossible that there's no way that you will be able to adjust at the moment that you do have that experience. Its a common human instinct on which we do make out adjustments and be finding for other path or ways on which you can be able to fit yourself into other path on which you do seem that this one is really that indeed best or great thing that you will be doing because at the time that you are experiencing shit condition then why you would be trying out to stick with it or having that kind of tolerance? You will really be that putting up yourself at great trouble. If you dont like on losing up money then you shouldnt have done gambling in the first place. If we do deal up with gambling then get prepared on able to meet up tons of loses along the way on which this is indeed normal on this space. If you arent that good on what you are doing specially having no control in terms of emotions and other aspect then its better to stop completely and find out for  another option.