Stop chasing your losses and use it as a lesson.

[WhoYouCantKill]

It is a very healthy practise of being aware of the fact that small losses compounded over a period of time affect your financial balance. False confidence should not enslave us when we are confronted with the extremely unpredictable variations in day-to-day outcomes. Also making sure that every single spending is a rationalised reason gets us to keep the simplicity of our own budget. This science makes sure that we are in full command of our situation financially without being out of place anxious.

It all just boils down to setting clear boundaries, realistic expectations and having a kind of plan or budgets that helps you stay within those set boundaries and also trying as much as one can to have the discipline to stick to those budgets. The moment a gambler is able to attain this level of control, then making informed decisions becomes very easy for them, and even when the unexpected happens, they’ll still have the mental maturity to maintain absolute control, rather than losing it.

[sompitonov]

It is a very healthy practise of being aware of the fact that small losses compounded over a period of time affect your financial balance. False confidence should not enslave us when we are confronted with the extremely unpredictable variations in day-to-day outcomes. Also making sure that every single spending is a rationalised reason gets us to keep the simplicity of our own budget. This science makes sure that we are in full command of our situation financially without being out of place anxious.

It all just boils down to setting clear boundaries, realistic expectations and having a kind of plan or budgets that helps you stay within those set boundaries and also trying as much as one can to have the discipline to stick to those budgets. The moment a gambler is able to attain this level of control, then making informed decisions becomes very easy for them, and even when the unexpected happens, they’ll still have the mental maturity to maintain absolute control, rather than losing it.

I realized long ago that trying to win back is only making things worse for yourself, because millions of players have already been through this, and I think about them and how they felt in that situation. It's simple because when winning back, there are two paths: either winning back or not. But it's important to understand that if we win back, it's just luck, and it likely won't happen next time, and what we'll do in that situation. I just don't want to put myself in a difficult situation where it could be influenced; why would I want that? It's enough to simply predict well and avoid difficult situations. That's what professionals do; they simply understand this very well.

[swogerino]

It is a very healthy practise of being aware of the fact that small losses compounded over a period of time affect your financial balance. False confidence should not enslave us when we are confronted with the extremely unpredictable variations in day-to-day outcomes. Also making sure that every single spending is a rationalised reason gets us to keep the simplicity of our own budget. This science makes sure that we are in full command of our situation financially without being out of place anxious.

It all just boils down to setting clear boundaries, realistic expectations and having a kind of plan or budgets that helps you stay within those set boundaries and also trying as much as one can to have the discipline to stick to those budgets. The moment a gambler is able to attain this level of control, then making informed decisions becomes very easy for them, and even when the unexpected happens, they’ll still have the mental maturity to maintain absolute control, rather than losing it.

I believe every gambler is aware of that before start playing but it is exactly in the middle of game play that things may start to take another road and not a good one. Most people talk about it as greed yet I think is the only emotion in our lives that keeps us going which is hope to achieve what we imagine in our brain. A lot of gamblers will say even knowing that they are going to lose the next bet or next buy bonus in a slot that has devastated them, they will still try because as I said hope is what tells them to keep trying again and again.

[Dr.Bitcoin_Strange]

Gambling with money that’s meant for something else or you can’t afford to lose is like literally inviting problems for yourself because should incase you eventually lose that money, which of course is the most likely outcome of every bet, the kind of disappointment you’ll feel would be none to other and at this point, you’ll start looking for ways to recover that money so you can replace it, so it’s no longer about just making profits in gambling anymore, now it’s more about replacing the money you lost unintentionally and this situation can be very tricky for any gambler who choose to walk on this path.

That's the worst thing a gambling can do, it puts them in a different level of pressure which could lead them to either take loans to gamble or steal from someone to gambling and in some cases that we have seen here, some people go as far as committing suicide after losing a huge amount of money which probably was not their money or was not the amount that they could have afford to lose. That's why responsible gambling is greatly advised.

[Achalugo BTC]

That's the worst thing a gambling can do, it puts them in a different level of pressure which could lead them to either take loans to gamble or steal from someone to gambling and in some cases that we have seen here, some people go as far as committing suicide after losing a huge amount of money which probably was not their money or was not the amount that they could have afford to lose. That's why responsible gambling is greatly advised.

Right, most gamblers do indulge them into serious financial problems due to how their gambling habits is, all because they want to satisfy their urge in gambling, which will leave them in a devastated mood and this will surely lead them into committing suicide just as you have highlighted. And that is why gamblers are ought to avoid whatever thing that will lead them into making decisions that won't be helpful and supportive in their lives, which also includes them in gambling responsibly.

[iBaba]

One reason why people that are addicted find it difficult to quit gambling addiction is because they think they cannot recover from it, that mental block is what suppresses their ability to work on themselves. If they think about it that way in their mind it would be difficult for them to be disciplined because they think it's impossible to quit.

Addiction is a mental disorder and illness that people suffer because of lack of control over their gambling activities and it begins from when you start chasing unnecessary losses and thinking you will win when it is obvious you are not on the winning side but something keeps dragging you back to play not for the fun of it anymore but for the wish to prove something where it does not exist. I don’t see gambling as a bad thing to doin its nature. What is bad to me is excessive gambling or irresponsible gambling where you engage in gambling without looking at the repercussions until it reaches the level of addiction.

[danadc]

It is a very healthy practise of being aware of the fact that small losses compounded over a period of time affect your financial balance. False confidence should not enslave us when we are confronted with the extremely unpredictable variations in day-to-day outcomes. Also making sure that every single spending is a rationalised reason gets us to keep the simplicity of our own budget. This science makes sure that we are in full command of our situation financially without being out of place anxious.

That's very true, but to avoid so much trouble, what should be done is to set a monthly amount and then divide it by the weeks. It's known that a certain amount of money will be dedicated to the casino each month. It's a form of entertainment we give ourselves, it can be done, and if it's done in a controlled way, there's no impact on our finances. Perhaps instead of going to the movies, or instead of eating out occasionally, that money could be used to gamble at the casino.

[Ever-young]

I realized long ago that trying to win back is only making things worse for yourself, because millions of players have already been through this, and I think about them and how they felt in that situation. It's simple because when winning back, there are two paths: either winning back or not. But it's important to understand that if we win back, it's just luck, and it likely won't happen next time, and what we'll do in that situation. I just don't want to put myself in a difficult situation where it could be influenced; why would I want that? It's enough to simply predict well and avoid difficult situations. That's what professionals do; they simply understand this very well.

Which most people don't realize it, especially the part of wanting to recover their losses when they know their motives is not guaranteed and instead of them to accept the fact and move on, they will insist to try pushing further which might be causing them more of harm than good in their lives and this can also affect their financial aspect, making them to stress themselves mentally. But this can be solved if only adhere to the rules of gambling.

[drangos]

Gambling with money that’s meant for something else or you can’t afford to lose is like literally inviting problems for yourself because should incase you eventually lose that money, which of course is the most likely outcome of every bet, the kind of disappointment you’ll feel would be none to other and at this point, you’ll start looking for ways to recover that money so you can replace it, so it’s no longer about just making profits in gambling anymore, now it’s more about replacing the money you lost unintentionally and this situation can be very tricky for any gambler who choose to walk on this path.

That's the worst thing a gambling can do, it puts them in a different level of pressure which could lead them to either take loans to gamble or steal from someone to gambling and in some cases that we have seen here, some people go as far as committing suicide after losing a huge amount of money which probably was not their money or was not the amount that they could have afford to lose. That's why responsible gambling is greatly advised.

You put a very good point in mentioning how unsafe it is to gamble with money that we cannot afford to lose. The stress and frustration may be too much when one loses money that was supposed to be used in taking care of serious duties. Then the gambling ceases to be entertainment and turns into a vain hope of winning back. It usually causes players to pursue their losses which normally end up causing even greater problems. Reactions should be avoided and instead one should take the loss as a lesson. Responsible gaming implies that we should accept the fact that we will be losing in the game, we should limit our gambling and should only bet with money that we can afford and that will not impact our lifestyles in any way.

[Doan9269]

When it comes to money and opportunity to make it, people will always give more attention to how they could achieve this and make it a reality, even if they are in losses already, they will still prefer chasing after winning to recover from those losses they had, but not knowing that in gambling we often lose more than winning, this always nolify against their intention to chase after losses, and this is one of the reason why in number of people already got into different conditions as a result of gambling because they already missed the right priority by chasing after loss.

[maydna]

One reason why people that are addicted find it difficult to quit gambling addiction is because they think they cannot recover from it, that mental block is what suppresses their ability to work on themselves. If they think about it that way in their mind it would be difficult for them to be disciplined because they think it's impossible to quit.

Addiction is a mental disorder and illness that people suffer because of lack of control over their gambling activities and it begins from when you start chasing unnecessary losses and thinking you will win when it is obvious you are not on the winning side but something keeps dragging you back to play not for the fun of it anymore but for the wish to prove something where it does not exist. I don’t see gambling as a bad thing to doin its nature. What is bad to me is excessive gambling or irresponsible gambling where you engage in gambling without looking at the repercussions until it reaches the level of addiction.

They should realize that they can quit gambling addiction if they have a strong effort and really want to quit. If they need supports, they can ask from their relatives or friends so they will not feels alone doing that.

Gambling addiction needs the right medication so they can also go to psychiatric. Coming to professional can helps them knowing what step they must do. They need to build new activities that will reset their old activities and that needs to be done continuously.

Playing gambling will not be a problem if they can manage it. No one wants to be addicted to gambling so they must be careful and always aware.

[Yablee0]

some people go as far as committing suicide after losing a huge amount of money which probably was not their money or was not the amount that they could have afford to lose.

That's what you always get as the consequences when you refuse to be useful to yourself,  instead of doing want is right by gambling moderately if really you want to gamble to avoid sad news rather you decide to take your precious life all because of greed, if am opportune to meet such senero of someone commiting suicide all because of gamble lost I will spat on the corps of that individual because is a disgrace to humanity, I dare not pity for such person because he initiated his death.

However, the day you choose gamble as a source of income is the day you automatically increased your expectations which is the smoothest path to your financial doom,  Furthermore on countless times gamble has always rewarded every gamblers including the greedy once in their respective coin so everyone is expected to do what is right while gambling because no one of us is a kid.

[Lannakosa]

When it comes to money and opportunity to make it, people will always give more attention to how they could achieve this and make it a reality, even if they are in losses already, they will still prefer chasing after winning to recover from those losses they had, but not knowing that in gambling we often lose more than winning, this always nolify against their intention to chase after losses, and this is one of the reason why in number of people already got into different conditions as a result of gambling because they already missed the right priority by chasing after loss.

Trying to win back your losses doesn't mean making money, it simply means continuing to play. And making money means doing some work for which you're guaranteed to receive payment. In gambling, we know we can't be guaranteed payment, there's a lot of uncertainty and risk involved, so gambling shouldn't be about making money, but about having fun.

[Queen uloma]

We should always have this at the back of our mind that gambling is a game that we can either win and also lose, but anyone who fails to accept this may likely encounter problem. Stop chasing losses, never you gamble to recover losses, many even try to increase their stakes, because they think they will win bigger bet, that will help them get back everything they've lost.
Do you know that when you chase losses, you can even loss more in that process of trying to recover everything, the best thing is to give yourself time, go home and relax,  learn from your losses, it will really help you. Also Gamble only with money you can afford to lose, this is where most people find it hard too.

[BigTarget]

I did this. Back in the day I lost big, and ever since that day I have not lost more than I was willing to lose. Losses could be great lessons if you know how to use them, because they are really good teachers and all you have to do is listen.

When I lost, I was very sad, and I promised myself that I would not become an addict that will lose everything, and I have achieved that for the past 10+ years. Have I stopped gambling? Of course not, I still gamble, not as much as I used to, but I still do a bit, but this time around I limit what I bet and that means even if I lose it all, it would be a small amount and not going to matter that much. We should always try to make sure that we budget carefully what our bankroll is.

[Fredomago]

When it comes to money and opportunity to make it, people will always give more attention to how they could achieve this and make it a reality, even if they are in losses already, they will still prefer chasing after winning to recover from those losses they had, but not knowing that in gambling we often lose more than winning, this always nolify against their intention to chase after losses, and this is one of the reason why in number of people already got into different conditions as a result of gambling because they already missed the right priority by chasing after loss.

Trying to win back your losses doesn't mean making money, it simply means continuing to play. And making money means doing some work for which you're guaranteed to receive payment. In gambling, we know we can't be guaranteed payment, there's a lot of uncertainty and risk involved, so gambling shouldn't be about making money, but about having fun.

No assurance to make money at all, though if luck permits maybe you can take some but if luck won't back you up then expect to lose, that's the reality and you need to make sure that you have that capability to control, else, instead of making money you'll lose a lot and you'll possibly fall to this trap inside gambling and you may hard to let things go and keep losing more as you keep adding more money while chasing your previous losses.

[Johnlomape]

Some of the reasons why people chase losses is because of their inability to control their emotions,or they've used money that is important to gamble. When someone losses couple of times, then frustration sets in and if they see another person winning, they get motivated to keep gambling with hope they win, till they lose all their money. At that moment, the person is no longer thinking clearly. This is why it is good to control your emotions, have a limit on how you gamble, and use money that you can afford to lose.

I agree with you that the reason people keep chasing losses is because of their inability to control their emotions. If they could control their emotions, there wouldn't be any behavior of chasing losses or winnings, and chasing wins in gambling doesn't guarantee good results. In situations like this, it could be said that their thinking is no longer clear. Seeing others win and being motivated to experience the same thing, as you mentioned, is an example.

Chasing loses is like trying to use a basket to cover the smoke of a fire which is certain that the smoke will definitely pass through the big holes of the basket and escape to the atmosphere. Gambling should be redefined so that gamblers can understand that not everyone is going to be called profitable gamblers. Losing is a lesson for  gamblers to understand that they will surely lose even if they have been seeing consistency from gambling profits and that don't mean that they are going to stay profitable forever. Making profits from gambling is for a limited time that will not take too long.

[LUCKMCFLY]

No assurance to make money at all, though if luck permits maybe you can take some but if luck won't back you up then expect to lose, that's the reality and you need to make sure that you have that capability to control, else, instead of making money you'll lose a lot and you'll possibly fall to this trap inside gambling and you may hard to let things go and keep losing more as you keep adding more money while chasing your previous losses.

That's how it is, and that's why I always recommend that those who play at the casino and are lucky enough to win shouldn't hesitate to take that money out and withdraw it so they can enjoy it There's no other way, If we leave it at the casino, it's likely to disappear because the temptation to gamble is very strong, and winning at the casino sometimes takes effort and money So why not enjoy it when you win? That's something we should do otherwise, for me, there would be no point in playing.

[MRY]

No assurance to make money at all, though if luck permits maybe you can take some but if luck won't back you up then expect to lose, that's the reality and you need to make sure that you have that capability to control, else, instead of making money you'll lose a lot and you'll possibly fall to this trap inside gambling and you may hard to let things go and keep losing more as you keep adding more money while chasing your previous losses.

That's how it is, and that's why I always recommend that those who play at the casino and are lucky enough to win shouldn't hesitate to take that money out and withdraw it so they can enjoy it There's no other way, If we leave it at the casino, it's likely to disappear because the temptation to gamble is very strong, and winning at the casino sometimes takes effort and money So why not enjoy it when you win? That's something we should do otherwise, for me, there would be no point in playing.

And, in case you have won, get out as soon as you can, and never think of it again. It is indeed hard to resist the temptation to push the button again, particularly when you feel good or yourself lucky. When you put the money there, sooner or later it will certainly sound an appealing call to get it back in your hand until it is spent. As a matter of fact, winning alone takes so much effort and money. It is better to simply enjoy the outcomes then, so that it will be immediately handy in case we get bored with playing and not to have to be left with nothing again.

[lienfaye]

No assurance to make money at all, though if luck permits maybe you can take some but if luck won't back you up then expect to lose, that's the reality and you need to make sure that you have that capability to control, else, instead of making money you'll lose a lot and you'll possibly fall to this trap inside gambling and you may hard to let things go and keep losing more as you keep adding more money while chasing your previous losses.

That's how it is, and that's why I always recommend that those who play at the casino and are lucky enough to win shouldn't hesitate to take that money out and withdraw it so they can enjoy it There's no other way, If we leave it at the casino, it's likely to disappear because the temptation to gamble is very strong, and winning at the casino sometimes takes effort and money So why not enjoy it when you win? That's something we should do otherwise, for me, there would be no point in playing.

For many, it's easy to be said than done. Withdrawing money after win is what we should do indeed. But the temptation and greed of wanting more are always there for gamblers who don't have discipline. Then, will regret not quitting after losing it all again. In gambling, it's a must to have discipline and self-control, so you can stop anytime and not greedy for wanting to gain more or chasing the past losses.