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

[Zlantann]

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

One of my colleagues told me that he has access to a rigged or fixed game. He said he was sure that we would win big if we bet on these games. Greed took over me and I wanted to win big. I had to use all my one week allowance to place the bet. When the game came out, it became clear that we had been deceived,  we lost the bets. It was a frustrating experience because I had used all the money I was to use for my basic needs like food and drinks. I was forced to depend on my fellow workers to survive and it was frustrating. This was when I learned never to bet on money that should be used for essential need. The most painful part was that I had to beg to survive for one week.

[Stormisover]

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?

It still hurts to be talking about this, I have once lost my whole salary to gambling and went ahead for a loan and still lose it still went ahead in selling my cellphone and still lose it, all in one day, I was so devastated it seems the whole world was crashing on my head that very day, it was indeed a black Tuesday for me, and it was at that moment I decided never to fall such victim again, and from that day I marked my limits in gambling, because it was that same day I still realized there's more in gambling than just staking some amount of money, like at that process you will feel nothing but desperation of gaining your Lost and at the point of gaining it you keep Lossing, so I will only advise anyone that's not yet into gambling should please never in your life should you go into that dirty business.

[Su-asa]

It's a simple step, I took a break for a few weeks and when I started again I became more smart and careful. Sometimes you need to hit rock bottom or make certain mistakes at an early phase of life to learn your lessons on order not to make those mistakes later in the future. One thing gamblers need to learn after taking a big loss, taking a break is necessary but when you are getting back into the game make sure you start off with low stakes

[HelliumZ]

I haven't had any major losses in gambling, but I don't remember losing 4000BDT in my local currency on a sports betting bet.
At that time I was mentally broken because I thought I would definitely win the match but it ended in a draw. And I lost 4000 BDT on that bet. Later I was able to stop myself from betting for a long time for a few months but with time I started forgetting the earlier losses and now I don't remember any regrets about those losses. However, the losses in the early part of life are not easily forgotten.

[yhiaali3]

One of my colleagues told me that he has access to a rigged or fixed game. He said he was sure that we would win big if we bet on these games. Greed took over me and I wanted to win big. I had to use all my one week allowance to place the bet. When the game came out, it became clear that we had been deceived,  we lost the bets. It was a frustrating experience because I had used all the money I was to use for my basic needs like food and drinks. I was forced to depend on my fellow workers to survive and it was frustrating. This was when I learned never to bet on money that should be used for essential need. The most painful part was that I had to beg to survive for one week.

You wanted to cheat, so you got cheated!!!  That's so funny.
This is worse than a normal loss. When you lose normally, you feel very sad, but when you lose because you were scammed by a gambling site, you get double the sadness, become very upset, and find yourself in a difficult psychological state.
Avoid trusting anyone, even your closest friend.

[JunaidAzizi]

One of my colleagues told me that he has access to a rigged or fixed game. He said he was sure that we would win big if we bet on these games. Greed took over me and I wanted to win big. I had to use all my one week allowance to place the bet. When the game came out, it became clear that we had been deceived,  we lost the bets. It was a frustrating experience because I had used all the money I was to use for my basic needs like food and drinks. I was forced to depend on my fellow workers to survive and it was frustrating. This was when I learned never to bet on money that should be used for essential need. The most painful part was that I had to beg to survive for one week.

That is really a very heartbreaking story of your life. You beg for your survival. What else should gambling do to a gambler? In gambling, luck is the most important factor, which can make you win if it's on your side otherwise, it will make you a beggar. But besides this, prediction is the worst enemy. How can you predict that I can be on your side without knowing anything? I would advise you not to use the money you are using for personal expenses and to work on your control system to get the situation under your control. Secondly, if you are putting your life at risk, then do what is necessary to make your bet win.

[Dunamisx]

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

One of my colleagues told me that he has access to a rigged or fixed game. He said he was sure that we would win big if we bet on these games. Greed took over me and I wanted to win big. I had to use all my one week allowance to place the bet. When the game came out, it became clear that we had been deceived,  we lost the bets.

Had it been you have been well informed or experienced in gambling as at then, maybe you would have sensed a warning alarm and check on the conditions on this, had it been it is true, he would have done it alone without even bothering to get you involved, but for him knowing about the condition and the risk attached, he wouldn't let you know about such, instead, prefer you both taking the risk together, it could be a better experience indeed as you have said.

[Makus]

"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?

When you lose a huge amount of money that you are not supposed to lose, you will feel that way. I understand the trauma because it also happened to me. I’ve blamed myself for the blunder, and this kind of trauma takes time to heal, but once you heal, you have learned a big lesson not to gamble with money that you can afford to lose, because you now know how it feels.
You become a better gambler because you have seen and felt the worst, and you don't want that to happen to you.
 

Well the only time I think a gambler should get sober for his loses is when he probably got greedy and decided to increase his stake but end up losing the bet, it's ok to feel regrets but in scenario where you applied the write risk management and gambled with just penny from your residual income it should be considered that loses happen and that's normal. Though I understand the type of scenario the op is pointing out, and it more like when you gambled irresponsible or were too aggressive with your bet. Usually this happen to those who are very desperate to make a win from gamble, this is also common in trading.

[free-bit.co.in]

"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?

When you lose a huge amount of money that you are not supposed to lose, you will feel that way. I understand the trauma because it also happened to me. I’ve blamed myself for the blunder, and this kind of trauma takes time to heal, but once you heal, you have learned a big lesson not to gamble with money that you can afford to lose, because you now know how it feels.
You become a better gambler because you have seen and felt the worst, and you don't want that to happen to you.

Mine was betting $100 on red 30 at roulette table on my 30th birthday the lady at the table was like are you sure you want to do that I wouldn't and then sure as shit I say okay fine then lets go with your gut and put $100 on black instead.... Low an behold guess what it rolls a dang red 30 that would of been $90k profit I think I called over the manager an was like yo this chick just talked me out of the bet an you mean to tell me its not rigged made a scene an instead of getting at least free drinks they kicked me out!

[sompitonov]

Mine was betting $100 on red 30 at roulette table on my 30th birthday the lady at the table was like are you sure you want to do that I wouldn't and then sure as shit I say okay fine then lets go with your gut and put $100 on black instead.... Low an behold guess what it rolls a dang red 30 that would of been $90k profit I think I called over the manager an was like yo this chick just talked me out of the bet an you mean to tell me its not rigged made a scene an instead of getting at least free drinks they kicked me out!

It's terrible and it's very difficult to cope with the consequences of your emotional state after this situation. I think I would think about it for a very long time, not only for months, but for several years. In any case, I think that you will only become stronger for future shocks and they will not be able to affect you emotionally. Although many players could completely stop playing after this, saddened by the result. In any case, wanting to bet on one number, but in fact betting on another does not mean anything because it is only important what we do, and not what we wanted and thought, this is the whole point of gambling. For example, if you won with the last bet, you would not even remember that you wanted to bet on 30 black, but were happy with the win, so do not think badly about this situation.

[Cantsay]

Mine was betting $100 on red 30 at roulette table on my 30th birthday the lady at the table was like are you sure you want to do that I wouldn't and then sure as shit I say okay fine then lets go with your gut and put $100 on black instead.... Low an behold guess what it rolls a dang red 30 that would of been $90k profit I think I called over the manager an was like yo this chick just talked me out of the bet an you mean to tell me its not rigged made a scene an instead of getting at least free drinks they kicked me out!

No matter how strong you are, your definitely think about this for days because losing out on $90k isn’t something that you can just get off your mind by just engaging in a different activity - it might go for sometime but the moment you’re idle again that thought of the lady talking to you that made you change your bet is going to haunt you.

As for you making a scene, it won’t help because they’ll say that you’re supposed to not listen to anyone’s advice and bet on your game because that person isn’t going to take responsibility if you should lose the game.

[DaNNy001]

i don't remember tbh

probably would have been something close to $1000

and it must have made me mad and agitated..

but that's my coping mechanism for all the problems in my life

i just forget about it

It's either you are extremely rich or you are pretending and trying to hide from the pains that you feel... you can't just forget about losing a thousand dollars expect it's an insignificant amount of money to you and even most people that are rich will feel pained if they lose at a stretch...money is hard to come by and no matter how wealthy are losing some amounts will definitely be hard to forget

[Alphakilo]

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.

For this to have happened then the loss must have been really big. And maybe mixed with "would have or could have" you know what I mean. Some losses are bearable and some others are just very painful and need some days before the pain goes away.

Of everything I read, it makes me happy that you have some control over your gambling.

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

I have experienced the guilt of , "I could have done it like this instead of this" but it doesn't last 24 hours. It goes away quickly. Despite this, I do not go back to gambling immediately like the next day. I give it some days before I return.

[Odusko]

It's a simple step, I took a break for a few weeks and when I started again I became more smart and careful. Sometimes you need to hit rock bottom or make certain mistakes at an early phase of life to learn your lessons on order not to make those mistakes later in the future. One thing gamblers need to learn after taking a big loss, taking a break is necessary but when you are getting back into the game make sure you start off with low stakes

Break in between us very important whenever the loses hits you hard, you have to come to a point where taking a rest at each point after ra lose is necessary this helps you to regain the already exusted energy and at the same time gives you chances to reflect on your past gambling actions and to change whatever you want to change before you return back to active gambling again and that time you be better off.

[Mia Chloe]

I haven't had any major losses in gambling, but I don't remember losing 4000BDT in my local currency on a sports betting bet.
At that time I was mentally broken because I thought I would definitely win the match but it ended in a draw. And I lost 4000 BDT on that bet. Later I was able to stop myself from betting for a long time for a few months but with time I started forgetting the earlier losses and now I don't remember any regrets about those losses. However, the losses in the early part of life are not easily forgotten.

One thing I've actually come to understand about gambling is without it is very important that you accept that you have eventually lost the bet even before you lose it this will prevent you from having any emotional stress if you eventually lose the bet and if you win it will be a thing of joy and  surprise since you expected the loss initially.  It's high time you understand as a gambler that sometimes luck may not be on your side and there is almost nothing you can actually do about it.

[skarais]

~~~

Break in between us very important whenever the loses hits you hard, you have to come to a point where taking a rest at each point after ra lose is necessary this helps you to regain the already exusted energy and at the same time gives you chances to reflect on your past gambling actions and to change whatever you want to change before you return back to active gambling again and that time you be better off.

This largely depends on your playing style. If you're betting 100% of your bankroll, you might want to stop immediately if you lose. However, if you're betting 20% of your bankroll on your first try, you still have four more chances if your first try loses. This approach allows you to avoid having to stop after the first loss, but of course, 100% of your bankroll is a budget you can afford to lose.

A losing streak is certainly devastating for a gambler, but losing 100% of your bankroll once is even more frustrating. I tend to prefer losing five times over losing once with the same bankroll; this allows me to stay in the casino longer. You can certainly try other approaches, but I've found the one above works best for me.

[Salahmu]

One of my colleagues told me that he has access to a rigged or fixed game. He said he was sure that we would win big if we bet on these games. Greed took over me and I wanted to win big. I had to use all my one week allowance to place the bet. When the game came out, it became clear that we had been deceived,  we lost the bets. It was a frustrating experience because I had used all the money I was to use for my basic needs like food and drinks. I was forced to depend on my fellow workers to survive and it was frustrating. This was when I learned never to bet on money that should be used for essential need. The most painful part was that I had to beg to survive for one week.

Does the friend work in the place that usually make such thing posible?, perhaps I believe those days was when you were not much into gambling to no if that's true because with knowledge you must've gotten now there is no way you would fall into such talk, actually this can be very annoying for believing in something that was totally a joke and later realized it when the person has already used all the money they had to gamble it, sometimes when one listen to people in gambling you loss the money you could have reduced if it was done from your strategy.

[Ultegra134]

Mine was betting $100 on red 30 at roulette table on my 30th birthday the lady at the table was like are you sure you want to do that I wouldn't and then sure as shit I say okay fine then lets go with your gut and put $100 on black instead.... Low an behold guess what it rolls a dang red 30 that would of been $90k profit I think I called over the manager an was like yo this chick just talked me out of the bet an you mean to tell me its not rigged made a scene an instead of getting at least free drinks they kicked me out!

Wow, that's so f*cked up, I would be so pissed, but even then, it's you who ended up changing the bet, thus, in the best case scenario, you'd get a few drinks, and in the worst, you'd be kicked out, just like it happened. This incident shows to always trust your instincts,. even if they end up false, because it's your own responsibility to own up your mistakes. Being talked into changing your initial bet sucks, always go with the option you chose first.

As for the OP, I'd advise him to decrease his gambling budget if he's suffering a mental breakdown after losing. I'd rather not see myself losing a considerable amount of money, thus, I prefer to avoid it in the first place.

[qwertyup23]

I experienced my worst loss during my time as a college student when I used all of my savings that I earned through gambling.

I have shared this before and to cut it short, I used to bet Dota 2 skins back in the days. I have accumulated a total of around ~$200 at that time (I started from zero) in a span of two (2) months. After saving that much money, I waged all of my bets on a team who was favored to win 90% during that time. Unfortunately, however, the favorite team loss and I lost all of my money that I have saved.

That experience taught me a valuable lesson- that no matter how prepared you are in your bets, there will always be that small chance of failing at the end. Currently, I still see it as my worst loss not because of the value of money that was waged but the impact that it left me that still scarred me to this very day.

[criptoevangelista]

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.