Stop chasing your losses and use it as a lesson.

[348Judah]

If we must wait till we learn from our lessons, then this has to come in a hard way, because to make lost does not come easy as women expect, that is why some we prefer that we learn from others mistakes than being the main victim, chasing after losses does not guarantees you recovering in full and that is if at all you can even manage to do little, because the more you are trying the harder it becomes.

[dezoel]

Saving yourself from more losses is something that must be realized, for some people it may not apply or they don't realize that I didn't really care about it at first but now I am aware of it and try to do what I do with the limits set. Exactly forcing myself in the context of recovering is good, because indeed by forcing this later it will become a habit that is the nature of good behavior that sometimes must be forced first.

Trying to stop yourself from gambling more is one of the hardest things a person can do and I realize that it's not going to be easy for anyone at all. However, the reality is simple that you are not going to get the best results by just keep gambling and it will only end up with a loss for you.

I can see why some people fail to stop because like I said it's very tough to do but no matter how difficult it is for you, there must be a way you could stop yourself from losing even more money.

[Fortify]

Gambling is a game of win and lose this is probably the first lesson anyone who is coming into gambling should learn first. Failure to come to terms with this reality will amount to disaster on the part of the gambler. Often times some gambler's are always trying to get back what they have lost in the process of gambling by continuously gambling, some even go further by increasing the stakes thinking that by doing that they are going to win and recover what they have lost in the process.

But there is no guarantee that you are going to recover what you have lost in gambling, the best thing to do when you have gone on a major losing streak is not to continuously gambling with big stakes believing that you are going to recover because, that may not happen.  Take a break and critically evaluate your losing and use it as a lesson going forward and gamble within what you can afford to lose.Chasing your loses is like opening yourself to more loses, 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.

There are good sides to gambling but they are very particular and if you have an addiction already you will never see these benefits. First it is a form of casual entertainment with the small chance you'll walk away richer from a single session compared to some other activities you might engage in, over the long term though if you're playing unskilled games then you will be a loser. There are certain gambling activities like poker which can also enhance all sorts of skills like mathematics and psychology, as you mix playing opponents versus the cars you were dealt. Like many things in life it's down to the individual.

[Yorubek]

Gambling is a game of win and lose this is probably the first lesson anyone who is coming into gambling should learn first. Failure to come to terms with this reality will amount to disaster on the part of the gambler. Often times some gambler's are always trying to get back what they have lost in the process of gambling by continuously gambling, some even go further by increasing the stakes thinking that by doing that they are going to win and recover what they have lost in the process.

But there is no guarantee that you are going to recover what you have lost in gambling, the best thing to do when you have gone on a major losing streak is not to continuously gambling with big stakes believing that you are going to recover because, that may not happen.  Take a break and critically evaluate your losing and use it as a lesson going forward and gamble within what you can afford to lose.Chasing your loses is like opening yourself to more loses, 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.

There are good sides to gambling but they are very particular and if you have an addiction already you will never see these benefits. First it is a form of casual entertainment with the small chance you'll walk away richer from a single session compared to some other activities you might engage in, over the long term though if you're playing unskilled games then you will be a loser. There are certain gambling activities like poker which can also enhance all sorts of skills like mathematics and psychology, as you mix playing opponents versus the cars you were dealt. Like many things in life it's down to the individual.

I think the good thing about gambling is that it provides entertainment, but most gamblers become more aggressive after winning or losing, which leads to more and more money losses. As a result, gamblers gradually become addicted to gambling, putting their lives at great risk instead of enjoy entertainment, and as a result, gamblers cannot enjoy the fun of gambling. Since the chances of winning money through gambling are relatively low, but the chances of losing money are high, it is better to gamble with money that you can afford to lose.

[junder]

There is a solution for gamblers if they apply it. However, most gamblers will not be able to put the solution into practice because it is easier said than difficult to done. In the initial stage, you will not be able to cut your losses and after a loss, you will be hard pressed to recover your money and will continue to gamble more. You will develop a fixed idea that winning can come by playing more and you will continue to be more aggressive. In such a situation, it would be right to stop gambling and declare war on emotions because the time after a loss is very difficult for a gambler to control his emotions.

To do things that lead to the positive side sometimes does feel right, it happens maybe because of the wrong mindset from the beginning or in the middle of gambling that is done.

At the beginning of knowing gambling I also experienced where I never made repeated deposits of money and even though the results were disappointing it was not easy to make me realize and immediately stop, one of the reasons was because at first we could not accept defeat.

I agree with what you said, the right thing to do is to quit. The best option is to withdraw if you win and if you lose, the best option is to quit, not to chase the losses that have already occurred.

[Lida93]

If we must wait till we learn from our lessons, then this has to come in a hard way, because to make lost does not come easy as women expect, that is why some we prefer that we learn from others mistakes than being the main victim, chasing after losses does not guarantees you recovering in full and that is if at all you can even manage to do little, because the more you are trying the harder it becomes.

Can be very hard learning the hard way as a lesson for what you could have just started doing it the right way because you could literally experience a lesson which you never can recover from, breaking you down mentally that if care isn't taken we become a victim forever.

 Taking the lessons from other people's experience can be differently grasp, you may not know how really bad it feels but it's safer learning it through others and not being the direct victim.

[lombok]

If we must wait till we learn from our lessons, then this has to come in a hard way, because to make lost does not come easy as women expect, that is why some we prefer that we learn from others mistakes than being the main victim, chasing after losses does not guarantees you recovering in full and that is if at all you can even manage to do little, because the more you are trying the harder it becomes.

Can be very hard learning the hard way as a lesson for what you could have just started doing it the right way because you could literally experience a lesson which you never can recover from, breaking you down mentally that if care isn't taken we become a victim forever.

 Taking the lessons from other people's experience can be differently grasp, you may not know how really bad it feels but it's safer learning it through others and not being the direct victim.

The most strategic way of self-protection in being mentally stable in the face of the possible traumatic effects is by learning what other people did wrong. I do not believe that we should read about the ravage occurring first hand to know that the threats posing are very real, and dangerous to the future. We should employ prudence to follow the footsteps of other people who fail in order to create the same trap. I find that the psychological security is much safer than the negative experience that has to be compensated with our self-respect.

[Betwrong]

~ For those that have a large bankroll, they can chase their loses and end losing all the funds in their bankroll to the casino they are using. I have always been very curious to know why chasing loses was risky until I became a victim.

I thought you was going to say, those that have a large bankroll, they can chase their loses and succeed.  Because many gamblers think, if I only had larger bankroll, I would play a bit more and hit that win that would make all my previous losses recovered. But that's a mistake as you have rightly pointed out. Any bankroll can be lost if you can't stop and continue gambling hoping to finally hit it. It's not guaranteed that you will necessarily lose, but if small wins don't satisfy you and you continue betting waiting for a big win, the probability of you losing everything is very high.

[LUCKMCFLY]

Gambling is really unpredictable, and the chances of winning is less, which most gamblers believe that if they play multiple times it will favor themselves to get back what which they have lost without knowing that multiple  playing will make them to loss more , and even if you advice a gambler to stop gambling while chasing the already lost money in either for he/she retrieve or recovered back there lost money,they will never accept your opinion, reason's because the spirit of gambling has already entered them, and in this gambling most gamblers are very ungrateful even when they win some of them still use the money to gamble again forgotten that the gambling site will still make profit, gamblers allow greed to control themselves and what make it more painful  is that most gambler uses money they cannot afford to loss for gambling which is not supposed to be.

Yes, I agree that the game is unpredictable and that's why everything depends on good luck. Likewise, we must understand that when we are gambling , we must be aware that this is not a sure way to win money, but we must be more consistent in that we should only risk what we can afford to lose.
Some gamblers go overboard and that's the end of their wIinnings , that should be avoided.

[leonair]

If we must wait till we learn from our lessons, then this has to come in a hard way, because to make lost does not come easy as women expect, that is why some we prefer that we learn from others mistakes than being the main victim, chasing after losses does not guarantees you recovering in full and that is if at all you can even manage to do little, because the more you are trying the harder it becomes.

You can never learn from the mistakes of others. Because until you lose yourself, your emotions will not let you understand how wrong you were and whether you should do that thing again. You can learn from the mistakes of others, but you will not remember them for a long time, but when you make a mistake yourself, you will remember it for a long time. Therefore, learning from your own mistakes is more important and effective than learning from the mistakes of others.

[Crypto Library]

Actually, I think the biggest reason for increasing our loss amount is our loss-chasing attitude. In some cases, if this kind of attitude continues to be present in a gambler, it will be seen that he is gambling beyond his ability to lose and eventually faces losses and at some point, he becomes addicted.

The history of most of the addicted gamblers around me is similar: they first gambled and made a profit for a while, then faced losses, exhausted their bankroll, and then immediately added extra money to try to recover their losses, only to find that the amount of their losses had increased even more. So I also think we need to learn a lesson here and put the thought of loss recovery out of our minds as soon as the bankroll runs out.

[Furious 7]

The history of most of the addicted gamblers around me is similar: they first gambled and made a profit for a while, then faced losses, exhausted their bankroll, and then immediately added extra money to try to recover their losses, only to find that the amount of their losses had increased even more. So I also think we need to learn a lesson here and put the thought of loss recovery out of our minds as soon as the bankroll runs out.

This condition is indeed the most common and it is precisely because of this that they become more obsessed with gambling because they have tasted victory at the beginning but cannot minimize the impact afterwards because what is in their mind is victory and victory even though the longer the loss will be greater because they cannot stop gambling even though they have lost a large amount because they only pursue the false victory that they always imagine even when not gambling.

I've even seen this with my colleague who was initially quite successful in the business he was developing but was ruined career-wise with debts everywhere because of his obsession with uncontrollable gambling and unfortunately it's difficult to save because even though we can warn but the gambler's final decision determines his own fate.

[swogerino]

Actually, I think the biggest reason for increasing our loss amount is our loss-chasing attitude. In some cases, if this kind of attitude continues to be present in a gambler, it will be seen that he is gambling beyond his ability to lose and eventually faces losses and at some point, he becomes addicted.

The history of most of the addicted gamblers around me is similar: they first gambled and made a profit for a while, then faced losses, exhausted their bankroll, and then immediately added extra money to try to recover their losses, only to find that the amount of their losses had increased even more. So I also think we need to learn a lesson here and put the thought of loss recovery out of our minds as soon as the bankroll runs out.

I was myself one of such guys described here, not running in profit for a while but when I used to win usually I got a minimum of x2000 to x3000 in many sessions from Play n Go games at the year 2019. That made me gradually addicted as I thought in gambling I would always stay afloat and in profit something which realistically is totally impossible in gambling. I learned my lesson the hard way when I started playing Pragmatic, Nolimit and Hacksaw games, they were much different compared to volatility with Play n Go as they hit you hard when you lose, which is most of the time though when they reward you they do it in much bigger multipliers than Play n Go, as I said I was devastated by loses with 29 consecutive buy bonuses running in a loss that made me to quit playing massively.

[GeorgeJohn]

I think the good thing about gambling is that it provides entertainment, but most gamblers become more aggressive after winning or losing, which leads to more and more money losses. As a result, gamblers gradually become addicted to gambling, putting their lives at great risk instead of enjoy entertainment, and as a result, gamblers cannot enjoy the fun of gambling. Since the chances of winning money through gambling are relatively low, but the chances of losing money are high, it is better to gamble with money that you can afford to lose.

Becoming aggressive when someone losses in the gambling, it will not solve a problem of losing more, The only a gambler suppose to do if he lose in gambling, is that, evaluate a game before gambling, and also look at the previous performance of the team first and equate it with their previous and recent performance

If you lose, and you became after your losses in the gambling, you're creating more avenue to lose more.

[mvdheuvel1983]

I think the good thing about gambling is that it provides entertainment, but most gamblers become more aggressive after winning or losing, which leads to more and more money losses. As a result, gamblers gradually become addicted to gambling, putting their lives at great risk instead of enjoy entertainment, and as a result, gamblers cannot enjoy the fun of gambling. Since the chances of winning money through gambling are relatively low, but the chances of losing money are high, it is better to gamble with money that you can afford to lose.

The entertainment part of gambling is not longer valued by people who are interested in making money in gambling that is why you see people focusing more on the money they will win instead of enjoy the games and the fun it brings, people become too excited once they are winning they do not consider the effect of losing and the danger it will bring to them when they no longer have the control of what they do and how they can stop gambling. There is no fun to anyone who gamble ls for money because their minds will always be unstable until they see that they are winning.

[Y3shot]

In a situation where by i experience so much losses in the third week of the month and when the new week comes and instead of chasing on how to correct what preventing from what hide me from winning the last time, all i could be thinking of is looking out and chasing my losses, so i only take my losses as an experience to know what to avoid when it comes to predict the right games, i have seen a process were so many get so emotional on their past and which so many could gather the courage to move on, like they say that best teacher is based on experience have come in contact with and which you always pick it as a point of contact and move on and stop chasing losing.

The truth is that chasing loses in gambling have never been profitable,  it is either you lose money when you make an attempt to chase loses or if even you succeed to recover what you hsve lose. If you come back again to play again and you lose again and trying to chase loses , this may become an habit that will make you to be addicted to gambling . So this is why it is good for a gambler to forget about chasing loses in gambling,  you should be able to learn how to let go, your money might have lose but the habit of let go in gambling is a big win but most gamblers dont know.

[gunhell16]

Gambling is a game of win and lose this is probably the first lesson anyone who is coming into gambling should learn first. Failure to come to terms with this reality will amount to disaster on the part of the gambler. Often times some gambler's are always trying to get back what they have lost in the process of gambling by continuously gambling, some even go further by increasing the stakes thinking that by doing that they are going to win and recover what they have lost in the process.

But there is no guarantee that you are going to recover what you have lost in gambling, the best thing to do when you have gone on a major losing streak is not to continuously gambling with big stakes believing that you are going to recover because, that may not happen.  Take a break and critically evaluate your losing and use it as a lesson going forward and gamble within what you can afford to lose.Chasing your loses is like opening yourself to more loses, 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.

There are good sides to gambling but they are very particular and if you have an addiction already you will never see these benefits. First it is a form of casual entertainment with the small chance you'll walk away richer from a single session compared to some other activities you might engage in, over the long term though if you're playing unskilled games then you will be a loser. There are certain gambling activities like poker which can also enhance all sorts of skills like mathematics and psychology, as you mix playing opponents versus the cars you were dealt. Like many things in life it's down to the individual.

It's a different matter when a gambler has an addiction to gambling, as if it's a disease that needs to be treated, or else when it gets worse, the addicted gambler himself will have a hard time recovering. And maybe most of the gambling community here knows this.

Then the ones who often chase their gambling losses are those gamblers who have greed, because instead of the aim of making them lucky to win, that's no longer their mindset, but the purpose is replaced by the purpose of recovering what they lost by betting a large amount, but in the end, the amount they lost only grows bigger.

[goldkingcoiner]

This is another piece of advice that is good for not only gambling but also investing. Limiting losses with stop losses is a common tactic by seasoned investors to limit losses if things don’t go your way. Taking a 7% loss hurts, but taking a 60% loss because you kept doubling down hurts a lot more. We’ve all been there.

Any loss hurts and 60 percent probably hurts most people.

Doubling down feels like the right thing to do at the moment but only because of all the adrenaline rush that is going on inside your head. And the fact that you are expected to make quick decisions is also a huge factor that could hurt.