Stop chasing your losses and use it as a lesson.

[LUCKMCFLY]

exactly, that why I say it's not a good way for gambler, because chasing losses for win need more money, if they are not lucky enough at that day, they will lose more instead getting their losing money back. No matter the method, such as martingale, it's doesn't work for gambling at anytime, because it's can double his losing money even faster. Stop thinking about losing money, take a break, someday when luck coming, then you will see the results without trying to forcing it. Never gamble again when emotion controlled our mind. Stop gambling will be better than following emotion.

You're right, the Martingale strategy is one that shouldn't be used, but by nature we don't give it much thought and we do it, just to show off that we're doing well, but that's not how it works , things didn't go that way, it's all down to luck, that's all it is, besides, there's no other way to win Except with luck, discipline is important to set the time and money to play and stick to it.

[Betwrong]

It’s not really easy to give up and quit after losing so much especially having cut 1 on several occasions, it shows that you are close to winning, that is what makes most people to keep gambling and also be chasing their losses because something in them tell them their winning is close so giving up will not teach them a  lesson but only feels there is more opportunities to win but instead of increasing stake I feel it’s better to reduce your stake and rest for sometime before going back , because  chasing your lost will only cost you more money and your mental health may also be at stake.

But it doesn't show "that you are close to winning". It's a common misconception that "close" results mean anything. People lose a lot of money because of that. If you've already lost more than what you can easily afford to lose, you should stop, no matter how many "close" hits you had recently.

[LUCKMCFLY]

Never gamble again when emotion controlled our mind. Stop gambling will be better than following emotion.

That's right, not gambling when emotions are running high is the most logical thing to do, but it's difficult to achieve When I play in a casino, I remember many things from the forum, advice, the money I'm willing to lose, and sometimes it's hard to do it Sometimes when you're there playing and you want to continue because you feel like it, or because you feel you're going to win , it's difficult to say no more, However, the effort is made because we can't say one thing and do another sometimes it's difficult.

[passwordnow]

the Martingale strategy is one that shouldn't be used, but by nature we don't give it much thought and we do it, just to show off that we're doing well, but that's not how it works , things didn't go that way, it's all down to luck, that's all it is

Out of the many gamblers, it cannot be denied that there are still some gamblers that still uses martingale strategy. No matter how many times we'll tell them to stop using it and that will not benefit them, they will continue to do it.

besides, there's no other way to win Except with luck, discipline is important to set the time and money to play and stick to it.

That's applicable for most games but, there are some exception that not all games are EV+. There are those which requires skills and that also increases your chance to win.

[Wakate]

Never gamble again when emotion controlled our mind. Stop gambling will be better than following emotion.

That's right, not gambling when emotions are running high is the most logical thing to do, but it's difficult to achieve When I play in a casino, I remember many things from the forum, advice, the money I'm willing to lose, and sometimes it's hard to do it Sometimes when you're there playing and you want to continue because you feel like it, or because you feel you're going to win , it's difficult to say no more, However, the effort is made because we can't say one thing and do another sometimes it's difficult.

There are different challenges gamblers are facing when gambling and once we understand the thing we are putting ourselves, most of us will not want to gamble anyhow or increase the way we are gambling. There is no guarantee profits when we gamble which is why it is better for us to gamble responsibly with discipline and focus without betting too much.

[justdimin]

even you think that you have enough knowledge and skills but if luck won't permit same outcome will take place, better to stop chasing but instead try to esttablished good discipline and good execution of your strategy, those experienced gamblers understand the risk that they are taking, they are looking for better opportunities as they know that it's not always a win for them, they also take to the account that there's also a losing and most likely they take the advantage to quit when they already have that chance to win.

This is why experienced gamblers will not lose as much as newbies. Not because they know what the result will be, there is equal chance of a veteran to lose a bet as a newbie, but veteran would know when to stop and when to bet again and how to limit and how to do bankroll management, whereas a newbie would know none of these and that will be the real problem.

If you are a newbie, the possibility of chasing your loss would be higher because they are not aware that the gamblers fallacy makes them think eventually their luck will turn, but that's not reality and it's jus a fallacy and your luck may keep going bad for a long time until you run out. Veteran would know this and would stop and start smaller to get back again.

[Royal Cap]

Unfortunately, there is nothing to learn here. Gambling is all about win and loss. The only thing worth learning is how to manage risk when gambling. Every other thing is controlled by the game providers and the players if it is sports betting. It is true, the most lesson learnt from gambling is never to chase loss. It only make the gambler, lose more. The same thing goes for chasing win. When the gambler tend to go for more win, rather than quitting when the time was right.

Okay, the outcome or odds of the game are not in our control, so technically there is not much to learn. But still one thing can be learned, and that is to control your mind. When to stop, how much risk is right to take, not to be greedy even if you win and not to run after it even if you lose, these are actually big lessons, In my opinion the real skill in gambling is not winning, but rather maintaining discipline. Because just as chasing losses increases losses, so too, if you win there is a chance of losing everything again in the end. So getting up at the right time is the most difficult but most important decision.

[LUCKMCFLY]

There is no guarantee profits when we gamble which is why it is better for us to gamble responsibly with discipline and focus without betting too much.

It's a fact, that's how things are, responsibility above all else This is a very beautiful activity, but these things that seem so simple yet are so delicate are because a lot of money is at stake, and when money is involved, things are delicate you have to be very careful. Also, let's remember that players who let themselves be carried away by their emotions and impulses unfortunately fall into addiction, and that's something I wouldn't wish on anyone.

[Accardo]

It's a fact, that's how things are, responsibility above all else This is a very beautiful activity, but these things that seem so simple yet are so delicate are because a lot of money is at stake, and when money is involved, things are delicate you have to be very careful. Also, let's remember that players who let themselves be carried away by their emotions and impulses unfortunately fall into addiction, and that's something I wouldn't wish on anyone.

The way gambling is further designed, it will get to a point where a good percentage of players won't be capable of controlling their emotions anymore. Neuroscientists work round the clock to help casinos make this happen, that is a big reason why gamblers must be careful about going beyond their limits, because when that happens, it becomes a continues behavior which wouldn't be spotted immediately as a problem until it gets out of hand.

[Fredomago]

even you think that you have enough knowledge and skills but if luck won't permit same outcome will take place, better to stop chasing but instead try to esttablished good discipline and good execution of your strategy, those experienced gamblers understand the risk that they are taking, they are looking for better opportunities as they know that it's not always a win for them, they also take to the account that there's also a losing and most likely they take the advantage to quit when they already have that chance to win.

This is why experienced gamblers will not lose as much as newbies. Not because they know what the result will be, there is equal chance of a veteran to lose a bet as a newbie, but veteran would know when to stop and when to bet again and how to limit and how to do bankroll management, whereas a newbie would know none of these and that will be the real problem.

If you are a newbie, the possibility of chasing your loss would be higher because they are not aware that the gamblers fallacy makes them think eventually their luck will turn, but that's not reality and it's jus a fallacy and your luck may keep going bad for a long time until you run out. Veteran would know this and would stop and start smaller to get back again.

Most likely yes, as you'll eager to win back and recover your initial deposit and without good control the chance of getting deeply engage is somehow not by far, and worse, it can lead you to become addicted, though just like what you mentioned  those experienced gamblers will base their set limitation with the past expereinced that they encounter, to avoid losing what they don't want to let go, accepting the outcome and not to dwell gives them that edge to prevent losing control and do things that's not part of their set strategy.

[Agbe]

Unfortunately, there is nothing to learn here. Gambling is all about win and loss. The only thing worth learning is how to manage risk when gambling. Every other thing is controlled by the game providers and the players if it is sports betting. It is true, the most lesson learnt from gambling is never to chase loss. It only make the gambler, lose more. The same thing goes for chasing win. When the gambler tend to go for more win, rather than quitting when the time was right.

Gambling is indeed all about win and loss and there is nothing that's within the gamblers control. accepting this thought is very important because it makes you process losses easier, you already know that those losses you incur cannot be controlled because it is part of rhe hame. The only thing we can do as gamblers is to practice risk management and reduce the losses we incur but we cannot avoid them totally.

[Bright0515]

It’s not really easy to give up and quit after losing so much especially having cut 1 on several occasions, it shows that you are close to winning, that is what makes most people to keep gambling and also be chasing their losses because something in them tell them their winning is close so giving up will not teach them a  lesson but only feels there is more opportunities to win but instead of increasing stake I feel it’s better to reduce your stake and rest for sometime before going back , because  chasing your lost will only cost you more money and your mental health may also be at stake.

But it doesn't show "that you are close to winning". It's a common misconception that "close" results mean anything. People lose a lot of money because of that. If you've already lost more than what you can easily afford to lose, you should stop, no matter how many "close" hits you had recently.

Nearly miss had made many gamblers lose more than they can afford, while they had the loss of a cut one on their bet, it actually triggers them go rebet because they believed that they are closer to winning. They don't understand that in a bet theirs nothing like closer to winning, winning is winning and losing is also losing. Some cancellations gambers have is the actual reasons to their too much losses. They need to change their mindset towards gamble.

[nara1892]

Yes, it should be like that where gamblers should stop chasing losses and make it a lesson, but sometimes it is very difficult to achieve such thinking because awareness is very difficult for them to get, especially if they are already very addicted, and usually this awareness will only appear after they experience the adverse effects of gambling which indirectly makes them realize and think that all the approaches they had to gambling before were very wrong.

On the other hand, simply put, a gambler will never chase losses if they are responsible from the start and this responsibility will only be owned if they understand from the start what gambling is and how it really is.

[Sonia_123]

The truth is that we all gamblers knows this aspect of gambling but are ignorant about it and due to financial constraint they tend to ignore it and dip themselves into chasing of loses forgetting that gambling wins are not guaranteed but comes by luck.

When losing it is better you quit than chasing your loses, so that you will be able to continue next time .

[Betwrong]

unfortunately this is something that a lot of gamblers would keep on doing even if you warn them about how dangerous it can be, gamblers find it hard to learn from the past or other people's experiences. chasing losses only leads to more losses in the long run amd people that do this repeatedly will continue to lose time and money. You cannot do the same things and expect a different result.

Not always. You see, if you want to discourage someone from chasing their losses, you should tell them the truth. And the truth is you can recover your losses, it happens sometimes with some people, but very rarely, so you shouldn't count on that. It is more likely that you will lose even more trying to recover your losses. Another reason why gamblers shouldn't try to recover their losses is that it is very likely that even if they succeed, they will gamble it away the same day, because they are gamblers and that's what gamblers do, gamble away their money. There's nothing wrong with that if it makes them relaxed, but one should think beforehand, how much he can spend on his relaxation and try to not go above that amount.

[Hatchy]

Gambling is not a do or die affairs because, what you should know is that, the Casino wants you to continuously gamble knowing that the more you gamble the more the Casino becomes richer and the more the Gambler struggle with regret.

Yes the casino makes more money from you, but they don't tell anyone it's a must to gamble. It falls back down on the gamblers who fails to control themselves during these periods of loss. Though I can completely relate because it's not as easy as it looks. During losses, we tend to react around our emotions. It's a bit difficult to control, but if you don't try it would ruin you completely. The more you are aware of the damage it can cause you if you chase losses, the better it is.. I totally agree, gambling is not a do or die thing, if it's not working out you either take a break and try to evaluate your self or completely stop it.. you just have to know when to stop..

[Wakate]

Gambling is not a do or die affairs because, what you should know is that, the Casino wants you to continuously gamble knowing that the more you gamble the more the Casino becomes richer and the more the Gambler struggle with regret.

Yes the casino makes more money from you, but they don't tell anyone it's a must to gamble. It falls back down on the gamblers who fails to control themselves during these periods of loss. Though I can completely relate because it's not as easy as it looks. During losses, we tend to react around our emotions. It's a bit difficult to control, but if you don't try it would ruin you completely. The more you are aware of the damage it can cause you if you chase losses, the better it is.. I totally agree, gambling is not a do or die thing, if it's not working out you either take a break and try to evaluate your self or completely stop it.. you just have to know when to stop..

The secret of a casino is between their partners and the team that are working together to make sure the marketing manager attract more gamblers to the casino. Casinos doesn't even know how much a single casino is making in a day from players, especially during the soccer season when so many football fans will be analyzing different past matches to see what the outcome of future matches would be.

[junder]

The truth is that we all gamblers knows this aspect of gambling but are ignorant about it and due to financial constraint they tend to ignore it and dip themselves into chasing of loses forgetting that gambling wins are not guaranteed but comes by luck.

When losing it is better you quit than chasing your loses, so that you will be able to continue next time .

I agree with what you said, sometimes players are aware of the risk of losing but still do it, it can be based on some people who do it because of unstable financial conditions so they hope to get a win that can help their financial situation get better.

But I'm sure everyone who does gambling will realize and no longer pursue losses, it's about their own awareness.

[Fredomago]

The truth is that we all gamblers knows this aspect of gambling but are ignorant about it and due to financial constraint they tend to ignore it and dip themselves into chasing of loses forgetting that gambling wins are not guaranteed but comes by luck.

When losing it is better you quit than chasing your loses, so that you will be able to continue next time .

I agree with what you said, sometimes players are aware of the risk of losing but still do it, it can be based on some people who do it because of unstable financial conditions so they hope to get a win that can help their financial situation get better.

But I'm sure everyone who does gambling will realize and no longer pursue losses, it's about their own awareness.

Most of the time, those who think that way losses control over their emotions and even they have strategy and pattern that they followed, but since that the emotion already beat them inside what they wanted to pursue is to recover the amount that they lose, so instead making money they lose more eventually as desperation continue to push and keep adding money which supposedly much better to make a quick stop and accept the outcome to stop chasing then lose more.

[Somto9Light]

I agree with what you said, sometimes players are aware of the risk of losing but still do it, it can be based on some people who do it because of unstable financial conditions so they hope to get a win that can help their financial situation get better.

But I'm sure everyone who does gambling will realize and no longer pursue losses, it's about their own awareness.

Most of the times gamblers do not really need any special reasons to chase losses because it’s just as if that’s the way gamblers should respond to losses, almost every gambler’s response towards losses is to chase, recover and make more profit. It only takes the one who really understands the mechanism of gambling to really understand that losses ain’t the worst enemy of a gambler but rather their inability to let go of those losses. Losses are not as harmful and dangerous as most people picture it to be, and one can only realize this if you approach gambling with the right mentality and understanding.