Stop chasing your losses and use it as a lesson.

[Orpichukwu]

Most people don't like to learn from other people's mistakes because they assume it's unreal and they want to taste it their self and see the outcome of their actions which sometimes doesn't end so well, and even after they must have had a bad experience, they could still feel like jamesBond, trying to win back and make things right, they will do it until they lose everything.

Is it really because they feel the experiences of others are unreal or because they feel like they can make a difference and what other experience can't happen to them that pushes them to take their own path even after seeing the result of those who take the same path? Some gamblers are just very stubborn, and they don't listen; even when they are hit by reality, they feel like solid rock, like you have mentioned.

[Lida93]

~

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.

...and more strategic is the fact that taking interest to learn from others experiences does in our own path safe us the cost of falling into similar situations, saving us not only from the dangers but form  a wasted time and energy. Still gamblers can amass a lot of valuable experiences without personally experiencing it but by just paying attention to learn about how it was for others that were in that condition, i

[Byebyebtc]

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.

Learning from others mistake is a hell of a advise, no
If you know what is right and wrong based on what you have learnt so far about gambling, then what is the need of you using a lesson again.
One thing I know is that if you can't learn from other individuals mistake then I don't think you will be able to learn from yours as well, except the experience hits you really hard.

[Betwrong]

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.

It doesn't guarantee any profit, but I would suggest one thing though. If despite all the warnings you are sill chasing your losses and by some lucky chance you've recovered 50% - stop right there. Be happy that you didn't lose more during your chasing, withdraw the funds and start gambling again only after so many days passed that you could cumulatively lose the money losing each what you can afford to lose.

[Wakate]

Learning from others mistake is a hell of a advise, no
If you know what is right and wrong based on what you have learnt so far about gambling, then what is the need of you using a lesson again.

It is very hard for gamblers to learn from other gamblers mistakes and this has been a problem for many people that are trying trying to make money betting without realizing the challenges that can be involved which so many gamblers are till facing till now.
If you don't gamble it is better for you to read stories of financial crippled gamblers but when you re a gambler, the story will not be too clear for you to assimilate.

[GiftedMAN]

It is very hard for gamblers to learn from other gamblers mistakes and this has been a problem for many people that are trying trying to make money betting without realizing the challenges that can be involved which so many gamblers are till facing till now.
If you don't gamble it is better for you to read stories of financial crippled gamblers but when you re a gambler, the story will not be too clear for you to assimilate.

Some gamblers can actually learn from the financial mistakes of others after seeing how broke gambling has made them to become but that doesn't mean they won't try to gamble because they think they will be lucky to win even as others tried and lost. I know a lot of gamblers that stopped gambling because they saw people who lost and almost when crazy but to those gamblers who does not learn from the mistakes of others they always learn by personal experience.

[lienfaye]

Learning from others mistake is a hell of a advise, no
If you know what is right and wrong based on what you have learnt so far about gambling, then what is the need of you using a lesson again.

It is very hard for gamblers to learn from other gamblers mistakes and this has been a problem for many people that are trying trying to make money betting without realizing the challenges that can be involved which so many gamblers are till facing till now.
If you don't gamble it is better for you to read stories of financial crippled gamblers but when you re a gambler, the story will not be too clear for you to assimilate.

Well, many of us are having a hard time in believing easily the stories of gamblers who had a bad experience in gambling. For a newbie, they're focus on the potential profit (like those gamblers who are able to earn a decent in gambling). It's crucial to know what you are getting into to gain an iidea on what to expect.

Having your own experience and learn something from it is good. But why do you wait to commit mistakes if you can prevent it before playing?.

[Agbe]

It is very hard for gamblers to learn from other gamblers mistakes and this has been a problem for many people that are trying trying to make money betting without realizing the challenges that can be involved which so many gamblers are till facing till now.
If you don't gamble it is better for you to read stories of financial crippled gamblers but when you re a gambler, the story will not be too clear for you to assimilate.

Some gamblers can actually learn from the financial mistakes of others after seeing how broke gambling has made them to become but that doesn't mean they won't try to gamble because they think they will be lucky to win even as others tried and lost. I know a lot of gamblers that stopped gambling because they saw people who lost and almost when crazy but to those gamblers who does not learn from the mistakes of others they always learn by personal experience.

The wisest thing anyone can do is to learn from other people's mistakes when it comes to gambling, they say that experience is the best teacher but it's better to avoid making mistakes that leads to losses when you have seen others gone through that same route. There are certain mistakes that I didn't make when I started gambling because I was smart enough to learn from old time gamblers.

[GiftedMAN]

The wisest thing anyone can do is to learn from other people's mistakes when it comes to gambling, they say that experience is the best teacher but it's better to avoid making mistakes that leads to losses when you have seen others gone through that same route. There are certain mistakes that I didn't make when I started gambling because I was smart enough to learn from old time gamblers.

The reason why people don't learn from other gamblers mistakes is the information that circulate on the media concerning fake punters they gives people fake pictures of winnings they never won it makes people think they can actually win more when others are losing, but if you let people gamble and lose they try to learn and adjust more than they would do when you ask them learn from the mistake of others.
If you are able to learn from the mistake of others you are really smart cause you will learn to gamble with what you can afford to lose.

[Uhwuchukwu53]

The wisest thing anyone can do is to learn from other people's mistakes when it comes to gambling, they say that experience is the best teacher but it's better to avoid making mistakes that leads to losses when you have seen others gone through that same route. There are certain mistakes that I didn't make when I started gambling because I was smart enough to learn from old time gamblers.

The reason why people don't learn from other gamblers mistakes is the information that circulate on the media concerning fake punters they gives people fake pictures of winnings they never won it makes people think they can actually win more when others are losing, but if you let people gamble and lose they try to learn and adjust more than they would do when you ask them learn from the mistake of others.
If you are able to learn from the mistake of others you are really smart cause you will learn to gamble with what you can afford to lose.

Well it would have been better that people learn from others gambler mistake, I will correlate my errors in the past social media burst my mindset towards gambling as I was falling deeper beyond measure, this learning of mistake reposition me to walk away with certain option that was not favourable while engaging in gambling. Major reason many today is not learning is in ability to identify area of problem in my case I identified it and I kick against, identification is one thing another is acting through action that mitigate the problem. I will totally agree with you that social media presentation on gambling differ from reality and full of deceitful.

[Orpichukwu]

The reason why people don't learn from other gamblers mistakes is the information that circulate on the media concerning fake punters they gives people fake pictures of winnings they never won it makes people think they can actually win more when others are losing, but if you let people gamble and lose they try to learn and adjust more than they would do when you ask them learn from the mistake of others.
If you are able to learn from the mistake of others you are really smart cause you will learn to gamble with what you can afford to lose.

Those who use the flashing winking of punters who are looking for victims to extort are the problem to themselves; they just don't want to learn. The punters are half of their problem, and they are the other part of the problem themselves. Some of them, even if they still start playing, find it difficult to accept that there is no way you can beat the system; they will keep on trying till it gets to the stage where they might run low on budget or don't have anything at all to gamble with. Some learn from their own mistake, while others never learn.

[Betwrong]

~ Major reason many today is not learning is in ability to identify area of problem in my case I identified it and I kick against, identification is one thing another is acting through action that mitigate the problem. I will totally agree with you that social media presentation on gambling differ from reality and full of deceitful.

I personally don't see much presentation on gambling in social media. I think you have to be specifically looking for it to spot something or algorithms recommend it to you because you were looking for it some time ago. Anyway, I agree that those posts that are supposed to be promotional tend to show a very unrealistic picture of gambling: piles of golden coins, dollar bill wads and things like that. When going to gamble people should expect having a good time, not earning a lot of money, that's true.

[Tetu100]

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.

This are situation that has imprisoned so many gamblers over the years without them knowing. Most people always have the believe of winning some day yet their is still no sign of something meaningful despite how hard they tried instead they keep on recording more lost than win.

Many gamblers failed to understand that gamble a game of chance and their is no concrete assurance governing it, therefore you don't have to expect too much why playing so the best of your interest is to play with the little you can let go to save your peace and your resource.

[Rabata]

The reason why people don't learn from other gamblers mistakes is the information that circulate on the media concerning fake punters they gives people fake pictures of winnings they never won it makes people think they can actually win more when others are losing, but if you let people gamble and lose they try to learn and adjust more than they would do when you ask them learn from the mistake of others.
If you are able to learn from the mistake of others you are really smart cause you will learn to gamble with what you can afford to lose.

Those who use the flashing winking of punters who are looking for victims to extort are the problem to themselves; they just don't want to learn. The punters are half of their problem, and they are the other part of the problem themselves. Some of them, even if they still start playing, find it difficult to accept that there is no way you can beat the system; they will keep on trying till it gets to the stage where they might run low on budget or don't have anything at all to gamble with. Some learn from their own mistake, while others never learn.

Another thing that can be observed  that many new casino sites suddenly give big profit to any gambler. After this, a very luxuriousness life is seen in the gamblers movements and daily life. From there, many people are curious. Even sometimes the gambler himself tells his acquaintances and friends about his big profit story. From there, many people start betting on that new casino site out of greed. Most people lose, but sometimes one or two people show big profits and force thousands of people to lose their money easily by betting.

[Emeraldo]

But gamblers are chasing losses in reality, and there's nothing we can do with that. Even the most disciplined gambler still chase his losses at times, so at this point, no matter how often we hear this reminder, still people would gamble and would chase losses after.

The only thing we can do is to learn from it, and realized that the more we chase our losses, the bigger the losses becomes. And the bigger the losses turned out, the more we end up regretting, wishing we could be good manager of our emotions.

Frankly speaking it has never been easy for addicted gamblers to quite from it as this habits have become like a spell on them and it will only take consistent counciling and discipline to stop is. Chasing losses has become the reason why many remain in gambling and keeps people in abject slavery and emotional trauma which might last all there life time.

[Jody.Drummer]

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.

It doesn't guarantee any profit, but I would suggest one thing though. If despite all the warnings you are sill chasing your losses and by some lucky chance you've recovered 50% - stop right there. Be happy that you didn't lose more during your chasing, withdraw the funds and start gambling again only after so many days passed that you could cumulatively lose the money losing each what you can afford to lose.

I agree with what you said, if you have managed to make a profit equal to half of your losses, then you should just stop because if you continue, you will definitely lose again and I am sure we will not be able to accept that defeat. Sometimes I experience this, and indeed, some situations are like that. You are right; it is better to be aware and stop immediately, and be grateful for the amount that can be recovered, even if it is only 50%. Continuing to gamble in such a situation, I am sure we are in an emotionally unstable state, so it is better to come back another day when luck may be more on our side, but never place too much hope in it either.

[junder]

The wisest thing anyone can do is to learn from other people's mistakes when it comes to gambling, they say that experience is the best teacher but it's better to avoid making mistakes that leads to losses when you have seen others gone through that same route. There are certain mistakes that I didn't make when I started gambling because I was smart enough to learn from old time gamblers.

You are right, and I agree with you that anyone can learn from the mistakes or cases that happen to others in gambling.

For example, we may not be familiar with gambling, but we have friends who like to gamble, and we know that their lives have fallen apart, especially financially, because they are addicted to gambling. Just by seeing this, we can learn a lesson, so we don't have to experience the same thing first to learn the lesson.

[eisen33]

I agree with what you said, if you have managed to make a profit equal to half of your losses, then you should just stop because if you continue, you will definitely lose again and I am sure we will not be able to accept that defeat. Sometimes I experience this, and indeed, some situations are like that. You are right; it is better to be aware and stop immediately, and be grateful for the amount that can be recovered, even if it is only 50%. Continuing to gamble in such a situation, I am sure we are in an emotionally unstable state, so it is better to come back another day when luck may be more on our side, but never place too much hope in it either.

If you manage to get a good win, I also agree that it’s better to stop for the day. Some players think that if they managed to win a big amount, it means it’s a lucky day for them and they should keep playing because they might win even more. But from my experience, losses and wins often alternate. Because of that, if you’ve already been lucky enough to get a big win, it’s better to stop, enjoy it, and come back another day.

[Dr.Bitcoin_Strange]

The reason why people don't learn from other gamblers mistakes is the information that circulate on the media concerning fake punters they gives people fake pictures of winnings they never won it makes people think they can actually win more when others are losing, but if you let people gamble and lose they try to learn and adjust more than they would do when you ask them learn from the mistake of others.
If you are able to learn from the mistake of others you are really smart cause you will learn to gamble with what you can afford to lose.

That was the reason why I never believed in those those self claimed prediction experts, they fake some winnings, I don't know how they are able to show that they have won a huge amount of money just so people can believe in them and buy more prediction from them but I just figured out that they were faking some of the tickets they post and the reason for that is already known. I learned a lesson from my own mistakes, so I became better and never will chase losses.

[gracreavix]

It is very hard for gamblers to learn from other gamblers mistakes and this has been a problem for many people that are trying trying to make money betting without realizing the challenges that can be involved which so many gamblers are till facing till now.
If you don't gamble it is better for you to read stories of financial crippled gamblers but when you re a gambler, the story will not be too clear for you to assimilate.

Some gamblers can actually learn from the financial mistakes of others after seeing how broke gambling has made them to become but that doesn't mean they won't try to gamble because they think they will be lucky to win even as others tried and lost. I know a lot of gamblers that stopped gambling because they saw people who lost and almost when crazy but to those gamblers who does not learn from the mistakes of others they always learn by personal experience.

Yeah, some people do take a step back when they see how badly gambling has ruined someone else financially.  it kidda just becomes a warning sign for them. But still, there are others who will see the same situation and still believe their own story will be different..

That maybe I will be the lucky one, everyone is different, and can’t learn the same way.  And true like you said, most times those people slow down after they have felt the loss themselves.  It’s just the truth, experience tend to be the best teacher.