Why I keep losing in gambling, even after years of experience

[Y3shot]

Once I start winning, I get greedy and increase my bets.
Once I start losing, I try to chase and recover.
In the end, both usually lead to losing more.

So I’m curious… Do these things really matter to you?

If you follow gambling like this you will lose very well, in gambling their is limit in every result. You just need to stop playing when you win and when you lose also stop playing if you want to go after loses you may even lose more without recovering anything.

In the case of losing after having more experience in gambling. experience in gambling doesn't guarantee you winning in gambling. No matter the experience you have in gambling,  the understanding you have in gambling you will still lose or win. Gambling is a game of luck and anything can happening in gambling.

[Hypnosis00]

Welcome to the world of gambling, that only means that you are definitely gambling and losses are highly inevitable.

However, consistent losses only mean one thing, your urge towards gambling is uncontrollable and that you are weak enough not to manage yourself and your high emotions. Because if you only know how to control your greed and stick on your betting limits, losses are still there but you have full control to limit or minimize them.

[goldkingcoiner]

Based on my experience, the main reason why I lose money, whether in sports betting or other games, is simple... I don’t really have a clear plan before I start gambling.

When I say “plan,” I mean these basic things:

• Target profit, how much I want to win
• Amount per stake
• Maximum loss before I stop

These are very basic rules, everyone knows them. But honestly, even after years of gambling, I still fail to follow them most of the time.

Once I start winning, I get greedy and increase my bets.
Once I start losing, I try to chase and recover.
In the end, both usually lead to losing more.

So I’m curious… Do these things really matter to you?

Getting emotional/greedy during high stress events, can take quite the toll on a person's psyche. Even if the events are meant to be entertaining and not anxiety-inducing. Gambling definitely belongs to these kinds of events. And as we are all only human it is not only to be expected but to be forgiven when we do what we know we should avoid doing and end up losing money (as we knew we would).

[elzjmirra]

It's all very important, especially the loss limit, because if you don't apply a loss limit then you will definitely stop when all your money is gone, greed and the inability to accept defeat are indeed the perfect combination to make gamblers always end up losing even though they have initially managed to win, my advice to you is to try to be firm in the plan you have made because that is the only way.

[Yorubek]

Welcome to the world of gambling, that only means that you are definitely gambling and losses are highly inevitable.

However, consistent losses only mean one thing, your urge towards gambling is uncontrollable and that you are weak enough not to manage yourself and your high emotions. Because if you only know how to control your greed and stick on your betting limits, losses are still there but you have full control to limit or minimize them.

It is true because of his mistakes that a gambler gets into danger and faces losses. This can be reduced through the gambler's own willpower. Gambling is basically a game of luck, if the gambler is lucky, he can win. However, by consistently following the correct rules and playing gambling, economic risks can be reduced. Gambling is mainly for entertainment, gambling with the hope of making money is not at all right, as a result, the amount of risk increases.

[serjent05]

Experience cannot be an eye opener as these years do not ensure one escapes into the arms of addiction unless they ensure they protect themselves against ready to empty their own pockets to their full capacity.

I disagree, for most cases, experience becomes the eye opener of a person whenever they made mistakes.  With the experience, the person can lay out plans and programs that enable them to be in control.  Aside from that with experience, gambler are able to identify the possible result of their action, aside from the knowledge on how to avoid those problems from recurring again.

The main pillar to preventing the betrayal of chasing losses is to strictly restrict the time and the amount of bets made which in the long run is certain to ruin our investment. When we recognise the appreciation of the results attained, we will be in a position to make more moderate and clear moves. Making a decision to leave when we are winning is the indication of great emotional intelligence.

I think the best thing is to let go of the losses.  Even with strict time and the amount of bet, we never know whether the person still has this revenge gambling in mind or even with limited resources and time are still in to chase his previous win.  If the person is able to let go of those losses, they can be able to control their gambling engagement without the fear of getting trap to revenge gambling because of the mind set of letting go of the previous losses.

[Versatile_choice]

If you can't accept those loses then it means that you are not fully prepared for gambling and I will advice you go for a break to figure out what gambling is all about, after that trust me you won't come back here making complaints as to why you have been losing in gambling after years of experience. Who even told you that gambling works with years of experience?  In gambling there's nothing like experience even though you spend decade in this gambling space yet it will be very hard for people to differentiate between you and the new gamblers unless in terms of discipline because as a Old gambler gambling must have dealt with you which most of the people who are just starting recently may not have that experience since they are just getting started.

[Japinat]

Even the professional gamblers are still losing up to these days, so how much more for those who are just regular gamblers and those who are still learning the process. Losing is an undeniable factor about gambling, if you don't lose, you are not gambling at all.

Do not expect too much about gambling because there's no way gamblers will always win and the casino will always be at loss. If that's the case, there won't be casino business that will stand still throughout the whole operation, but will only lead to bankruptcy and close their operation for good.

[Findingnemo]

~
So I’m curious… Do these things really matter to you?

Yes, Sometimes you may require a hard lesson before that disciplined version so I am happy that you are not trapped into anything serious (yet) but at the same time you also the one who could control your emotions, just plain and straight no matter what you win just keep the wagering limit per bet and minimal is good for longer session and then time limit, if you won or lose then you just need to stop after 15/30mins or whatever the time as per your need and just stick with it.

[lombok]

Even the professional gamblers are still losing up to these days, so how much more for those who are just regular gamblers and those who are still learning the process. Losing is an undeniable factor about gambling, if you don't lose, you are not gambling at all.

Do not expect too much about gambling because there's no way gamblers will always win and the casino will always be at loss. If that's the case, there won't be casino business that will stand still throughout the whole operation, but will only lead to bankruptcy and close their operation for good.

Being able to take defeat as a rational expression of every gametical competition is a manifestation of a certain emotional fitness. In case a system regularly brought wins to its users, the company would not long suffer and would not be in a position to survive. At all times we must keep to a safe minimum the expectations we are prepared to set on the excessively speculative. The consciousness of the house advantage is enough to keep us on our foot to using our money and time wisely, which are exclusively consumed at entertainment.

[mcdouglasx]

We have to treat order in the game like a mantra to see better results, but looking at the positive side of this thread, the OP admits their mistakes, and that's an important step to then improve their betting style, since without a doubt, everything comes down to that; acceptance is the first step to improving our habits, although whether to bet more or less is a personal matter that depends on each person's finances.

[skarais]

So I’m curious… Do these things really matter to you?

Yes, this is important, unless you never mind your losses.
Many people gamble for money, only a few of them can actually afford to do so in amounts they can afford to lose. Gambling to make money is not a good idea in my opinion, but it is something that the average gambler does all the time and only a few do it for fun. The list of rules you made above is important in my opinion and should not be broken if you are gambling for money, but it is good to change your mindset to gambling for fun.

[Antotena]

Based on my experience, the main reason why I lose money, whether in sports betting or other games, is simple... I don’t really have a clear plan before I start gambling.

When I say “plan,” I mean these basic things:

• Target profit, how much I want to win
• Amount per stake
• Maximum loss before I stop

These are very basic rules, everyone knows them. But honestly, even after years of gambling, I still fail to follow them most of the time.

Once I start winning, I get greedy and increase my bets.
Once I start losing, I try to chase and recover.
In the end, both usually lead to losing more.

So I’m curious… Do these things really matter to you?

Before I answer, are you still trying to revenge gambling or you have quit completely. If you have, then I'm happy for you but it took you so long to stop, perhaps you have realized that gambling is not for you. However, if you have not, then please stop and give it some rest. There is no fun in gambling after losing for 10 years and there is nothing tangible you have achieved from gambling, if you are not even trying to revenge then one will considered that you are doing it for fun.

Anytime I'm in this condition, I just do my thing and focus on the next game or preferably to be at peace, I bet two games. One for normal bet and the other is purposely to make sure my money is intact and I don't give priorities to only one, it's the same priority I give to one I give the other. So in case I lose one, the other might help me get back my money. If I lose the two, I will try again next time because I might get the two the next yime I bet.

[gunhell16]

Based on my experience, the main reason why I lose money, whether in sports betting or other games, is simple... I don’t really have a clear plan before I start gambling.

When I say “plan,” I mean these basic things:

• Target profit, how much I want to win
• Amount per stake
• Maximum loss before I stop

These are very basic rules, everyone knows them. But honestly, even after years of gambling, I still fail to follow them most of the time.

Once I start winning, I get greedy and increase my bets.
Once I start losing, I try to chase and recover.
In the end, both usually lead to losing more.

So I’m curious… Do these things really matter to you?

Even now, after several years of gambling on this forum, I'm not sure why I continue to do it. Although I have deposit limitations, I only consider it a game of chance that I can and will lose in my spare time. Furthermore, this only comes from my spare money.

The idea that I might strike it lucky somehow persists even though it's only a pastime. However, I don't let greed rule my actions because I am aware of the consequences of doing so.
You must stop it before it gets out of control. I suppose the only reason I continue to play here is because I've made it a habit.

[Sonia_123]

Based on my experience, the main reason why I lose money, whether in sports betting or other games, is simple... I don’t really have a clear plan before I start gambling.

When I say “plan,” I mean these basic things:

• Target profit, how much I want to win
• Amount per stake
• Maximum loss before I stop

These are very basic rules, everyone knows them. But honestly, even after years of gambling, I still fail to follow them most of the time.

Once I start winning, I get greedy and increase my bets.
Once I start losing, I try to chase and recover.
In the end, both usually lead to losing more.

So I’m curious… Do these things really matter to you?

You are not a new gambler from your explanations, it show that you already know your problem of nor winning, but what I will advise is for you to have self control whenever you are gambling and don't be greedy , you have to stop chasing your losses and wins because you will only be losing without winning which can even lead to addiction, set a bankroll and time for yourself and try as much as possible to follow it up of you really want this habit of yours to stop because I see an addicted gambler here which will only always ending up with loses.

[rezakurnia66]

Based on my experience, the main reason why I lose money, whether in sports betting or other games, is simple... I don’t really have a clear plan before I start gambling.

When I say “plan,” I mean these basic things:

• Target profit, how much I want to win
• Amount per stake
• Maximum loss before I stop

These are very basic rules, everyone knows them. But honestly, even after years of gambling, I still fail to follow them most of the time.

Once I start winning, I get greedy and increase my bets.
Once I start losing, I try to chase and recover.
In the end, both usually lead to losing more.

So I’m curious… Do these things really matter to you?

I think good way and plan for beginning the gambling nowadays after several mistake did, usually the gambler forgetting target how much profit earn from gambling and not set up how much amount per stake in gambling. When the winning moment forget for stop and quick but more greedy to play all winning fund until loss, I need to change my gambling habit nowadays set up limitation amount for gambling and must be out after winning come back tomorrow or next time.

[GiftedMAN]

Even the professional gamblers are still losing up to these days, so how much more for those who are just regular gamblers and those who are still learning the process. Losing is an undeniable factor about gambling, if you don't lose, you are not gambling at all.

I don't believe in the word professional gamblers because there is no difference between them and a regular gambler because they are all trying to see if they can be favored by the luck factor. Gambling is has to factors, losing and winning there is no way you become a gambler and escape losing in gambling you get to lose some times and win sometimes that's how it was designed.

[HelliumZ]

Gambling does not depend on experience but depends on luck. Despite having a long experience, many people face losses in gambling. It is not mainly because of their experience but it completely depends on luck i.e. team selection, or some strategy. For example, a day ago I took a bet on the Sri Lanka and Australia match where despite having a lot of experience in cricket matches and despite Australia being a much more experienced and stronger team than Sri Lanka, Australia lost. That is, sometimes experience does not work, rather gambling is not a game based on experience.

[Hispo]

...

So I’m curious… Do these things really matter to you?

Not much actually.
Having a set target when comes to money, it makes us to have an expectation on the amount of money we want to win from gambling. When in reality there is no even a warranty we will get money from it.

It is better just to set a clear plan on money we can afford to lose and use it accordingly with no strings attached to that money.

Also, it does not matter how much time one has within the world of gambling, it is irrelevant because gambling and betting rely heavily on luck, factors we cannot control.

So it is better to stop trying to beat the system and just find other reliable and slower means to get money, which do not have anything to do with uncertainty.

[Vaculin]

You are not alone dude, everyone here is gradually losing. The difference is, they don't mind them because losses are part of gambling.

When you gamble, you end up losing or winning, but we often lose than winning our bets. We get lucky at some point, but still we end up losing them all at once. Just accept the reality that when you gamble, losses do follow.

However, even responsible gamblers are losing as well but they have their own way to minimize their losses, and that's something we should focus more than trying to seek an answer why we often lose.