Fear of losing money to gambling

[Altryist]

It's weird.

If your friend only willing to bet $0.7 instead of $15, it means that's his risk level.

He should be happy with the $3.5 he made, it might not be as happy as getting $75, but you need to think what if you lose. If you lose $15, it would affect your emotion and mental, you will frustrated and want to recover your losses.

If you are afraid of losing money and losing greatly affects your emotional state, then of course you should not risk a large bet. It is better to win less than to risk a large bet and lose much more than you could afford to lose. It is much more difficult to win back a large loss, and if you focus on this, then most often the pursuit of winning back only leads to an even greater loss. If you are afraid of losing money, then simply do not allow yourself to do something you may regret.

[lovesmayfamilis]

Fear will always be present in those who play for the first time. I also felt awkward and somewhat confused when I started playing. However, those moments when we see profits make us go bolder and not be afraid of the losses that were initially. Perhaps it is greed or excitement that makes us play more, lose, and still start again. Those who see and understand that gambling is not only about losing always miss the moments of losing as an obvious and unimportant fact.

[Raflesia]

Fear will always be present in those who play for the first time. I also felt awkward and somewhat confused when I started playing. However, those moments when we see profits make us go bolder and not be afraid of the losses that were initially. Perhaps it is greed or excitement that makes us play more, lose, and still start again. Those who see and understand that gambling is not only about losing always miss the moments of losing as an obvious and unimportant fact.

That is the reality, I also feel the same way when I am going to gamble, the fear is there but honestly the feeling is still less than the desire to win, so I rarely give up on my intention to gamble, even though I am afraid I still do it. But the other side is that we should not be afraid to lose, right? After all, losing in gambling is something that is certain to happen.

The existence of gambling that is done again or becomes a recurring activity is because of the side of the benefits that can be obtained, I am sure everyone who gambles in their hearts wants to win, including those who gamble wisely.

[bangjoe]

Simple logic is when we will be afraid of losing money if we do not get anything from gambling, maybe this definition is a little different, but I believe that people must be afraid of losing money in any form if they do not get anything, this goes back to their purpose in gambling, someone might exchange their money for happiness because they consider gambling as a place to have fun, and people with such thoughts even though they are afraid of losing money but they feel satisfied with their pleasure, while people who have the hope of getting money back from gambling usually they are not afraid of losing because they believe they will get money back but unfortunately that thought is false and most of them lose their money even more than what they can afford to lose, but people like this have more closed minds, because they are filled with expectations and hopes that remain on winning in gambling.

[Peanutswar]

Fear was still part of the persons emotions sometimes people afraid to take a risk because they arent ready yet to lose what they have lets say with this game. He still makes a risk on this game but on keep doing place safe because they made a low amount bet on the game now in this part they didn't care at all if the bet won or not, but afterwards the part of regrets comes in because they wondered with what if. "What if I put all of my funds and make a risk" reason why they makes themselves angry with the regrets and fear. Its part of the gambling now if you are quite confident on the bet for sure you will make a large scale capital on that bet because you know the result already but if not you will do the same of make a less amount but still risk the game.

[Pandu Geddon]

Simple logic is when we will be afraid of losing money if we do not get anything from gambling, maybe this definition is a little different, but I believe that people must be afraid of losing money in any form if they do not get anything, this goes back to their purpose in gambling, someone might exchange their money for happiness because they consider gambling as a place to have fun, and people with such thoughts even though they are afraid of losing money but they feel satisfied with their pleasure, while people who have the hope of getting money back from gambling usually they are not afraid of losing because they believe they will get money back but unfortunately that thought is false and most of them lose their money even more than what they can afford to lose, but people like this have more closed minds, because they are filled with expectations and hopes that remain on winning in gambling.

Everyone who gambles I'm sure wants to win. Whether they gamble for fun or to make a profit, everything will still be fun if they win.
If there are gamblers who are afraid of losing their money when they want to bet their money, I'm sure they will take a bet that has a very small risk. Such as sports betting with small odds, although there is no guarantee that the bet will be won, but at least it gives hope and confidence to win.
If there are gamblers who are afraid of losing their money, it's better not to bet. If you continue it only accelerates it to experience stress and depression.

[coin-investor]

And the simple question is - Should a gambler be afraid of losing money to gambling? Why not simply stay away from gambling then?

I don't want to be hypocritical, but yes I don't want to lose money in gambling, but when it comes to the actual result and I lose my bankroll, I have no choice but to accept the fact that in gambling you can lose money, which is why allocation of money that you are comfortable losing is important.
Gamblers should not be afraid to lose money because, in reality, the house has an edge, and denying this will make you lose more money because your pride will make you bet more, so stop chasing your losses by admitting that you can lose money in gambling.

[Tungbulu]

And the simple question is - Should a gambler be afraid of losing money to gambling? Why not simply stay away from gambling then?

The simple answer is that, anyone is afraid or scared of losing money in gambling doesn’t really understand the concept of gambling, because if the person really understands how gambling worlds, then he’ll know that losing money in gambling is totally inevitable, and there’s no how in the world that a gambler cannot lose money. If the gambler is afraid of losing money but can’t really seem to stop himself from gambling, then what he need to do is mind how much he puts in gambling and only put an amount he can afford to lose so when he loses it, it wouldn’t really be much of a deal.

[Mrbluntzy]

The simple answer is that, anyone is afraid or scared of losing money in gambling doesn’t really understand the concept of gambling, because if the person really understands how gambling worlds, then he’ll know that losing money in gambling is totally inevitable, and there’s no how in the world that a gambler cannot lose money. If the gambler is afraid of losing money but can’t really seem to stop himself from gambling, then what he need to do is mind how much he puts in gambling and only put an amount he can afford to lose so when he loses it, it wouldn’t really be much of a deal.

You are right, such fear will even worsen if the gambler is using their hard earned money to gamble. I know that we undergo stress and some struggles to make money and that's why it's even more painful to some people who see the money vanishing before their eyes through gambling. If the person was not really prepared to lose such money, they should stop gambling.

[Tungbulu]

You are right, such fear will even worsen if the gambler is using their hard earned money to gamble. I know that we undergo stress and some struggles to make money and that's why it's even more painful to some people who see the money vanishing before their eyes through gambling. If the person was not really prepared to lose such money, they should stop gambling.

Most gamblers have this huge misconception about gambling and until this misconception is corrected, this scenario will keep occurring and people will continue losing their hard earned money on gambling. Countless time we’ve said and repeated it on this space that gambling isn’t a place where you go to double your last buck or invest to earn profit either in the short or long run, but I’ve seen people countless time, going to test their luck with their last buck and most times they end up losing it and earning nothing more but regret for themselves.

[Mpamaegbu]

And the simple question is - Should a gambler be afraid of losing money to gambling? Why not simply stay away from gambling then?

Any gambler who's afraid of losing money is a "swegbe" in local parlance. It's like a soldier who's scared of going to the warfront or scared of death. These things (losing and death) are common place in such chosen careers.

I later tried to find out what actually happened and discovered the dude had only put around $0.7 on the bet and won around $3.5 (amount not enough to even buy him a snack and a bottle of bear), this was the reason he was not happy and wished the bet ended in a loss 😁.

Obviously one of those who misinterpret the tagline, "risk what you can afford to lose", I didn't know people could bet that low; not even up to a dollar. What's the risk there then for such a gambler? It's zero risk in my perspective. If anyone's that scared to gamble that low, they shouldn't even gamble at all.

[Jawhead999]

I don't know why such kind people exist.

They want to risk as small as possible, but they want to win as big as possible.

Before you bet, instead of thinking about the possible win, think about the possible lose. If you can accept the lose, then go bet. If it turns you win, instead of blame yourself due to stake too small, think about the possible loss.

[Smartprofit]

As far as I understand, this is a feature of human psychology. Most people want to win less than they are afraid of losing. People do not strive for profit, but strive to minimize losses. People value security more than success. This feature of human psychology prevents people from becoming successful in business, career or personal life.

Therefore, gambling can be used as a kind of risk tolerance training. In the situation under consideration, your friend made a bet of $ 0.7 and was dissatisfied with himself ...

However, next time he can leave his comfort zone and bet 10 times more, for example, $ 7. And in a week he can bet $ 70. At the same time, he will probably realize that making large bets is not scary, regardless of the result - loss or win.

The game is good because in the game you can practice new tactics and strategies, and then use them in real life.

[LUCKMCFLY]

I think that losing money in gambling is something that should not exist, we are the ones who decide how much money we can lose, I would be afraid if I risked money that I should not lose, then I would be terrified, so there should be no fear because we as responsible adults have to say how much money we are willing to lose in a casino.

Those who lose control in a casino, well yes, it is logical that they feel fear, I think that all of us, being novices, fell into that type of fear while we were learning.

[Dewi Aries]

The simple answer is that, anyone is afraid or scared of losing money in gambling doesn’t really understand the concept of gambling, because if the person really understands how gambling worlds, then he’ll know that losing money in gambling is totally inevitable, and there’s no how in the world that a gambler cannot lose money. If the gambler is afraid of losing money but can’t really seem to stop himself from gambling, then what he need to do is mind how much he puts in gambling and only put an amount he can afford to lose so when he loses it, it wouldn’t really be much of a deal.

You are right, such fear will even worsen if the gambler is using their hard earned money to gamble. I know that we undergo stress and some struggles to make money and that's why it's even more painful to some people who see the money vanishing before their eyes through gambling. If the person was not really prepared to lose such money, they should stop gambling.

I think we are all here gambling using our own hard-earned money in working because that is all we have that can be gambled, basically gambling is a choice because in any case there is no coercion from any party that tells you to always gamble, meaning that the decision is purely because of their own desires and related to those who feel hurt when they lose money because of defeat, it is clearly a loser mentality because from the start gambling is not a place to make money, it is about winning and losing where victory is nothing more than a chance and defeat will always be a possibility that lurks, there is no guarantee at all. This means that gambling is only recommended for those who are responsible and also understand what and how this activity works and when you are afraid of losing money then clearly gambling is not for you.

[Dailyscript]

In my opinion there are several type of gamblers exist and some of them can be called as risky taker which everytime they gamble the person liked this didn't afraid to lost their money which usually they didn't care how much money they will lost as long as they can satisfied their hobbies
Meanwhile some gamblers also has a habit always be gamble with small amount of money and put their money into low odds to gets high chances of winning it because they afraid to lost with huge money from gambling but i think fear to lost the money while gamble is a good habit because it can be control ourself to stop before experienced huge lost

There shouldn't be any type of gamblers bro. Only one type of gambling exist because gambling is based on winning or losing. Whether you are taking high risk or low risk you will either win or lose. As long as we have decided to gamble we should be ready to lose if it comes. The two options stands and we can only fall under one of them. It is recommended that we gamble with what we can afford to lose. Of course there are people who can lose big money because that is the financial level they are .

[Natalim]

In my opinion there are several type of gamblers exist and some of them can be called as risky taker which everytime they gamble the person liked this didn't afraid to lost their money which usually they didn't care how much money they will lost as long as they can satisfied their hobbies
Meanwhile some gamblers also has a habit always be gamble with small amount of money and put their money into low odds to gets high chances of winning it because they afraid to lost with huge money from gambling but i think fear to lost the money while gamble is a good habit because it can be control ourself to stop before experienced huge lost

There shouldn't be any type of gamblers bro. Only one type of gambling exist because gambling is based on winning or losing. Whether you are taking high risk or low risk you will either win or lose. As long as we have decided to gamble we should be ready to lose if it comes. The two options stands and we can only fall under one of them. It is recommended that we gamble with what we can afford to lose. Of course there are people who can lose big money because that is the financial level they are .

As we gamble, we assume that they are willing to take high risks and lose our money. Or else, we don't have to gamble anymore.

That is how important it is that we understand gambling deeply before trying it. Of course, losing seems to usually happen at the start, but if this is still what we feel after several tries, that is not good anymore. This kind of emotion only affects our decisions. And the best thing we can do is either change our mindset or, in the worst case, completely stop.

[ovcijisir]

I think that losing money in gambling is something that should not exist, we are the ones who decide how much money we can lose, I would be afraid if I risked money that I should not lose, then I would be terrified, so there should be no fear because we as responsible adults have to say how much money we are willing to lose in a casino.

Those who lose control in a casino, well yes, it is logical that they feel fear, I think that all of us, being novices, fell into that type of fear while we were learning.

When I give out money for betting session I already count it as gone. But like guy OP mentioned I like to make bigger amounts of smaller bets so it lasts longer and I can play more.

[Ojinga]

A core gambler sees opportunities in very bet he plays and that why I will classify that your friend in the WhatsApp group a novice in gambling and it seems he doesn’t gamble with the amount he can afford to lose because, if he does, the he should not have been so bothered on his loses but rather focused on the amount expected to be won until the day he finally makes the win.

Fear is a major problem in gambling and it is very common among people who used money they could not afford to lose to gamble with high hopes of winning and getting caught up in losses and to over come dear in betting, we should all try to gamble only amount we can afford to lose.

[Mate2237]

One thing that should define a gamblers life is not being afraid of losing money because losing money is part of the game one hindrance to break through for the core gamblers is being afraid to stake high amounts in betting slip because fear is one good enemy of progress  so when gambling money should not be considered but what should be of importance to you is what is at stake that is your potential winning on the ticket


Odds or fear of losing of money is for beginners when it comes to gambling because over time I have recognized the fact that when gambling you should not be afraid because when you are gambling with the mindset of losing money you can't hit the jackpot in gambling because you will also be conscious of what you are about to lose which is not a good one for any Gambler because gambling is like investment you will have to give up something in return for another thing