What’s your worst loss, and how did you cope afterward?

[Fivestar4everMVP]

I can actually handle losses pretty well. Since the last cycle in 2021, when I lost a lot of money with NFT games, I simply stopped putting in more money than I'm comfortable losing. I've been doing that ever since, and I manage my emotions quite well. Another thing I do is close the site and go do something else after a loss, I never try to chase losses. I just consider it a lost cause and move on.

I also lost a lot of money on nfts as well, and one which I lost the most money on was on Dego finance, this I don't think I can ever forget, and up till date, I still have a lot of the Dego axes I bought for 0.2 eth each locked up in smart contract application that no longer exists, all of this are things I usually don't like remembering because the more I think about them, the more I become sad because it makes me realize how much money I wasted on useless investments.

But it's alright though, mistakes happen that we may learn, all of those experiences today serve as a good lesson, I no longer go about investing in anything with prospect, because I realized that not every project with good prospect will later succeed, most are here to simply suck away our money.

I've also in previous time lost a significant amount of money to betting, and this experience is one I have shared countless number of times, all of this experiences I believe is what has molded me into the person I am today.

[r_victory]

It happened once, for some reason I can't explain to this day, I placed the wrong bet amount, a larger amount than I intended to bet on a particular match. I was at a barbecue and a soccer match was about to start. In the heat of the moment, I decided to bet. It was on autopilot; before I knew it, I'd already made the mistake, and for this reason, I avoid betting on my mobile device as much as possible, preferring my desktop. The result wasn't favorable; I lost the bet, and a larger amount than I should have. The value wasn't even very high, but a mistake like that shouldn't happen, it could have been much worse.

I wouldn't say it was my biggest loss because I hadn't intended to bet that amount, but it was a very painful loss. Just writing about it makes me feel angry at myself.

Anyway, life goes on. There was nothing I could do after the damage had already been done. Now, I check the amount at least three times before pressing the button to confirm the bet...

[ralle14]

My worst of the worst is around the $1000 range, the loss didn't sink in right away because it was spread throughout the month. It only hit me after a few days where I started thinking about how that money could've been used differently if I was able to cash it out. My way of coping was reading some of the gambling threads here and through another hobby, I remember starting a movie marathon just so I don't dwell on it for too long.

[danherbias07]

My worst of the worst is around the $1000 range, the loss didn't sink in right away because it was spread throughout the month. It only hit me after a few days where I started thinking about how that money could've been used differently if I was able to cash it out. My way of coping was reading some of the gambling threads here and through another hobby, I remember starting a movie marathon just so I don't dwell on it for too long.

We have the same way of how we shift our mind on other things. Movie marathon. Although I add watching Animes too if I get bored with movies.

I lost a good amount too, I think that's over $300 in slots before I realized that I could've used that money for something better if I hadn't made that kind of bet. In my case, it was two months of playing back and forth, winning and then losing again. I cannot even tell if I enjoyed it because most of the time, it's a stressful losing streak before another high multiplier will come out. After I counted my losses, that's when I took a 3-day rest and just stayed busy watching movies, even the old ones that I had watched many times.

[Fivestar4everMVP]

My worst of the worst is around the $1000 range, the loss didn't sink in right away because it was spread throughout the month. It only hit me after a few days where I started thinking about how that money could've been used differently if I was able to cash it out. My way of coping was reading some of the gambling threads here and through another hobby, I remember starting a movie marathon just so I don't dwell on it for too long.

Lolz, and let's say for example, if you had lost this money on one game, the story would have been different.
From my personal experiences, losing an amount of money over multiple games spread out isnt as hurtful as losing a lumbsum on one game, i have already share this before, which is my worst ever lose to gambling, losing $3k on a single sports game, fainted and spent days in the hospital, I felt very miserable, this is an experience that I don't think I will ever forget, and even till today, I tell people around me about this and urge them never to be too confident in a team to an extend they will push their self into betting an amount of money they know they can not afford to lose.

Casinos don't show mercy and every lose is a lose and can never be returned except when you win, and to win, you have gather the courage, risk losing another money and pray that luck be on your side that particular moment.

[eb66]

I'm just asking this question as I look back years ago when I was in the height of my gambling addiction. So perhaps I might also ask the community about it and see how it goes if we are the same or maybe those who might fall into addiction might have experience it already.

"What’s your worst loss, and how did you cope afterward? "

As for me, when I have one of those days that I have a big loss, it's more on a mental trauma to me. I can't function as normal, I went into depression mode, can't get out of my bed and go to work and will just call my boss that I'm sick. And this might take to 3 days or even a whole week. And of course, the physical effect as well, I can't eat and so I lose a lot of weight.

How about you guys? Did you experience this when you gamble a lot?

My daughter was recently scammed in a trade in an online game (Roblox), where the counterparty failed to deliver... and she was devastated. It was a teachable moment, but I fear its changed her outlook on humanity and trusting others. It was enjoyable to teach her the concept of a trustless escrow though.

[maydna]

"What’s your worst loss, and how did you cope afterward? "


How about you guys? Did you experience this when you gamble a lot?

I can not remember my biggest loss in gambling, that is happen in the past. Besides that, I don't want to remember about that because that can attract me to recover my loss which will not easy.

I don't get a mental trauma because of the loss but it feel very disappointed as I lose the money. That was a bad day for me and almost make me spend more money and become addicted. But I am glad that I can realize my mistake and turn back myself to the right direction.

I stop gambling after that experienced and reduce my gambling activity. It feel not right to see more losses while I only playing gambling for fun. But because of the temptation, I get deeper in gambling.

[Dr.Bitcoin_Strange]

I have had different worse losses, first was when I started gambling newly and believed that the way some friends were winning is also how I can win, but when I lost the money I should have used to purchase my needs, I just felt frustrated, there was another incident of when I was still in the university, I used my last money to stake on a game and I lost the money.  It was painful.

[summonerrk]

I'm just asking this question as I look back years ago when I was in the height of my gambling addiction. So perhaps I might also ask the community about it and see how it goes if we are the same or maybe those who might fall into addiction might have experience it already.

"What’s your worst loss, and how did you cope afterward? "

As for me, when I have one of those days that I have a big loss, it's more on a mental trauma to me. I can't function as normal, I went into depression mode, can't get out of my bed and go to work and will just call my boss that I'm sick. And this might take to 3 days or even a whole week. And of course, the physical effect as well, I can't eat and so I lose a lot of weight.

How about you guys? Did you experience this when you gamble a lot?

My biggest recent gambling loss was on slots. I didn't bet huge amounts on roulette or betting, I deposited about $300 and hoped to increase it a little, as some lucky guys do. I spun the slots and had continuous losses, and then I reduced the bet. And the most annoying thing is that at that moment I got a multiplier. Inspired by this, I increased the bet and again began to lose over and over again. As a result, when there were a few dozen dollars left, I placed huge bets until I zeroed out the deposit.

[DPHOR]

I have had different worse losses, first was when I started gambling newly and believed that the way some friends were winning is also how I can win, but when I lost the money I should have used to purchase my needs, I just felt frustrated, there was another incident of when I was still in the university, I used my last money to stake on a game and I lost the money.  It was painful.

These things are what we shouldn't do as a gambler because whenever you think of how much you want to win and how big is the money you wouldn't be that smart enough to know that you have two chances, that is either you win or you lose while using your money meant for something more better to gamble. It's always advisable to all gamblers to use money that are being attached to something meaningful for gambling because sometimes the money the is meant for important thing could be lose while gambling.

[stompix]

Is it always that the worst loss is about the sum of money?

For me, the worst loss I have ever had in my life was not about money, was about being stupid, and even now this annoys me when I remember it
This is how next races for horses look on Betfair:



I got used to some color schemes for stable jockeys, I knew O'Brien had a favorite with Paddington, 5 consecutive wins, I was going to bet 100 on him, and ...because the next race on the card, as in that image, had the same color scheme favorite, I....bet on the wrong race and wrong horse, which of course lost while Paddington won his race
It wasn't about the money, I will never forgive myself for actually making such a mistake when I was in no rush for it, and I did use my odd boost on it too, I had a full day to take that bet and I in 3 confirmation steps, I never once saw it was the wrong thing!
And the next race Paddington ran and I was able to correctly place the bet on him, he was the favorite and finished 9th!

The worst thing about it, I still keep making those!

[HONDACD125]

My worst of the worst is around the $1000 range, the loss didn't sink in right away because it was spread throughout the month. It only hit me after a few days where I started thinking about how that money could've been used differently if I was able to cash it out. My way of coping was reading some of the gambling threads here and through another hobby, I remember starting a movie marathon just so I don't dwell on it for too long.

If only we could think about the things we could do with the money we lose with excessive gambling, we would never do it, but then again, we don't realize this at that moment, and regret hits in once it's done and dusted. Sometimes, even the most responsible people, those who you could never imagine being into gambling itself, tend to lose sizeable amounts of money in gambling, only because they lose control, mostly out of anger and aggression, trying to recover what has already been lost and then losing more in that process.

However, it's good that you realized it after losing that amount, because some people wouldn't even realize this early, and after losing $1,000, if it was someone with no control, they could try to recover that amount with a higher amount, and could eventually lose that as well, and that would have been a nightmare to go through.

So, better late than never, as they say.

[Dr.Bitcoin_Strange]

I have had different worse losses, first was when I started gambling newly and believed that the way some friends were winning is also how I can win, but when I lost the money I should have used to purchase my needs, I just felt frustrated, there was another incident of when I was still in the university, I used my last money to stake on a game and I lost the money.  It was painful.

These things are what we shouldn't do as a gambler because whenever you think of how much you want to win and how big is the money you wouldn't be that smart enough to know that you have two chances, that is either you win or you lose while using your money meant for something more better to gamble. It's always advisable to all gamblers to use money that are being attached to something meaningful for gambling because sometimes the money the is meant for important thing could be lose while gambling.

That's it, it's not advisable for someone to take gambling as a source of income and it's not also smart for someone to stake with the money they can not afford to lose or with the money that was not meant to be used for gambling. The mistake some people do is to staked with the money that was supposed to be used for other important needs, they spend it on gambling, thinking they can multiply it but at the end, they lose it and start to regret.

[shasan]

I'm just asking this question as I look back years ago when I was in the height of my gambling addiction. So perhaps I might also ask the community about it and see how it goes if we are the same or maybe those who might fall into addiction might have experience it already.

"What’s your worst loss, and how did you cope afterward? "

As for me, when I have one of those days that I have a big loss, it's more on a mental trauma to me. I can't function as normal, I went into depression mode, can't get out of my bed and go to work and will just call my boss that I'm sick. And this might take to 3 days or even a whole week. And of course, the physical effect as well, I can't eat and so I lose a lot of weight.

How about you guys? Did you experience this when you gamble a lot?

I had a big loss which i ever not share here but i losta huge amount and there was no way to recover rhe fund and I became 0 balance. Then i tried to manage funds day to day as I had 0 crypro. But day to day till now I hada lot of shortage funds.

[Oluwa-btc]

"What’s your worst loss, and how did you cope afterward?
As for me, when I have one of those days that I have a big loss, it's more on a mental trauma to me. I can't function as normal, I went into depression mode, can't get out of my bed and go to work and will just call my boss that I'm sick. And this might take to 3 days or even a whole week. And of course, the physical effect as well, I can't eat and so I lose a lot of weight.

Talking about worst loss i don't really have one sbd that's because I do t chase over loss cause it's what drives one to kero gambling and end up losing big amounts of money unexpectedly, sometimes even after gambling with what I can afford to lose and not hitting the multiplier i get so pissed up with myself but most necessarily I don't have any situation of recording a huge loss at that.

[terrific]

I had a big loss which i ever not share here but i losta huge amount and there was no way to recover rhe fund and I became 0 balance. Then i tried to manage funds day to day as I had 0 crypro. But day to day till now I hada lot of shortage funds.

Such losses are better kept in a secret and even we're in a forum, you'll never know if someone knows you personally and have read your confession.
But it's enough if you say that you've lost a big amount and you've became bankrupt after that.
Other gamblers might learn from that loss that you have been and that's about gambling only with an amount they can afford to lose.
So that they won't be in a shortage of funds and also won't end up bankrupt after.

[Cityhunter34]

I haven't had any worst loss that kept me at home or that lead to something else since I started playing gambling. However, I only gamble with what I can afford to lose because there was a time that I was experiencing little losses due to not having the basic knowledge. Because I have come to realized that gambling depends on luck so what I are mine stressing myself for, noing quite well that there is skill or strategy that can easily guarantee winning in gambling.

[Agbe]

"What’s your worst loss, and how did you cope afterward? "

For now and this moment I have never experienced something bad in the gambling arena, in the future I don't know.
The reason:
I gamble not in large quantities, I place a bet as much as I can, I shouldn't have forced to gamble.

I understand that gambling will not bring myself to succeed, I gamble does not have a goal, I mean today there is more money I bet and if there isn't of course I don't have a problem, if you win and lose in small amounts often, but not lose in big and bad.

I think that if you have not experienced lossing big means that you are not a core Gambler you may be described as someone who is a partial gambler who gamble at their leisure time which to me is the best because gambling is one risky thing that people should always take caution

[Ambatman]

My worse loss thought that odds doesn't mean much in the Grand scheme of things
And smaller odds compel you to bet an higher amount.


I coped by hating the club, Liverpool for sometime until I had to let go.
They gave me confidence that I went Casanova only for a 1.04 odd to be lost
Likeeeee, I knew there was a possibility but it was too low
But it thought me to really gamble like gamble by betting small on higher odds
And Chelsea is the recent evidence of that decision.

[Tmoonz]

I have had different worse losses, first was when I started gambling newly and believed that the way some friends were winning is also how I can win, but when I lost the money I should have used to purchase my needs, I just felt frustrated, there was another incident of when I was still in the university, I used my last money to stake on a game and I lost the money.  It was painful.

The pain of losses is much easier to bear when you use the money that you don't need any time soon for important things because if you use such money to gamble even at lost you will not panic and wishd you used the money for more important things because you will realize this immediately after you must have lost, I can still remember one of my worst loses though I didn't see it coming but when it happened I only smiled and told my self that after all is my  own money perhaps I don't need it for anything right away and that's how I free myself from being pained.