We are smart, but stupid if we lose.

[jeremypwr]

It's called chasing losses and it's a very dangerous method used in gambling.
I've personally never chased to the point of losing my entire bankroll but I know for certain it's very common.

[Gost ms]

Whenever a person becomes addicted or cannot control himself, then such a problem is faced by a person. When an addicted person or an uncontrolled person starts losing, he cannot focus on anything and then he becomes more aggressive to get back the money he lost. They need to understand that when we keep losing, we need to stop playing for some time. Because whenever we keep losing, we unknowingly take wrong decisions and face losses.

[Fiatless]

We have to recognise that loss chasing is not a good gambling behaviour. So let's deal with the urge to recover our losses even when we know that the games are unpredictable and it would affect our finances negatively.

I have also experienced the pain of losing because of loss chasing. I didn't complain to anyone; I developed strategies that will help me to avoid such actions in the future. Sorry for your losses. $1k is a fortune in my location.

[acroman08]

Why can many of us not recognize that we are already losing? Instead of stopping, we still continue until we lose everything we have, not only our bankroll but sometimes we even go beyond that. We even think of stupid decisions like depositing again, and this time not to win anymore but just to try to win back our losses.

I've experienced this years ago(I never do it now though), and the thing is, it's not that we don't realise that we are losing, we fully know that we are losing, it's just that there are times that we become too invested in gambling and trying to win back our losses and even justify what we are doing, even if we know that it is wrong and stupid to do.

[salad daging]

We win feeling smart and proud, when we lose feeling stupid and regretting why we didn't quit? That's what gamblers experience, so don't be surprised by this situation.

As long as it doesn't cost you too much financially, it doesn't matter, you are still responsible and limit the budget for gambling so it won't become stressful, maybe just a little emotion after some time will disappear.

I have also experienced a big defeat, this is an important lesson not to overdo it, the important thing is discipline to manage emotions so that they do not control you.

[DubemIfedigbo001]

I experienced this, the last time I remember my biggest loss was around $1,000 more or less.

Around 2017-2018 during my addiction struggles, I lost close to $5k in less than a month, was constantly betting and loosing. Of course I knew what I was doing, but I was eager to take my revenge on the sportsbook for what I lost and hit one or more big wins. Sincerely, I got $2k and $1k on different occasions, but I was never satisfied, I wanted to recover all and ended up losing it all. Reality hit me when my bank balance fell to zero and frustration and depression set in, I still wanted to recover but had no money. Hard times forced me to leave gambling for almost 3 years to clear my head and get back to my feet.

Lesson Learned: It is better to have a budget and never exceed it no matter how much urge you are having to keep gambling. I do less than 4% of my income now and it is working fine for me.

[Ochan_yazo_tochant]

It's called chasing losses and it's a very dangerous method used in gambling.
I've personally never chased to the point of losing my entire bankroll but I know for certain it's very common.

Op!!!chasing losses is a psychological trap that's hard to escape once the adrenaline kicks in. Honestly, the only real solution to this is setting strict stop-loss limits beforehand and actually sticking to them. If you hit your daily limit, you close the tab and walk away, no exceptions. Discipline is the only thing that beats the urge to force a comeback.

[Yorubek]

Why can many of us not recognize that we are already losing? Instead of stopping, we still continue until we lose everything we have, not only our bankroll but sometimes we even go beyond that. We even think of stupid decisions like depositing again, and this time not to win anymore but just to try to win back our losses.

Have you experienced that? We are not crazy, we understand what we are doing but there are times, especially when losing, that we become foolish. We get reckless and just bet and bet, hoping we can recover but what is driving us is only our emotion because we are not thinking clearly.

I experienced this, the last time I remember my biggest loss was around $1,000 more or less.

I think that smart people are those who control their greed or emotions regardless of the outcome through gambling and always gamble in a disciplined manner so that they maintain self-control over themselves. I think that the main goal of a gambler through gambling should be entertainment and not to expect anything more than that. When a gambler loses money, he starts gambling with an aggressive mindset to get back the lost money quickly, as a result, he loses self-control and goes beyond his means, as a result, the gambler faces losses and gradually faces addiction.

[Muba20]

Gambling is mainly played for entertainment. But since it is played with money, both joy and sorrow are felt when you lose or win. If you win in gambling, you get your money back quickly with return, so the joy is greater, but if you lose, you have to lose a large amount along with the return money. As a result, the sorrow of losing is a little greater. So most of the time, gamblers cannot accept their defeat, so they start gambling again in the hope of recovering the lost money. At some point, they lose self-control and face large losses. So if you lose in gambling, you should take a break for some time, which reduces the chances of becoming addicted to gambling.

[Dr.Bitcoin_Strange]

The reason for this is because some people do not have the ability to control their emotions when they start losing, the fact that some people can not handle losing a certain amount but they will still go ahead to play with it and after they have lost it, they will lose their sense of taking proper decision and as such, they will either chase after the lose if they have more money, while some people that have exhausted all their money will take loan to continue chasing the previous lose. Although it's not everyone that have this kind of habit of chasing losses, some players are smarter than that.

[Churchillvv]

Measuring your intellect with how much wins or how many wins you get will only lead you to some kind of conclusion that you’re not capable of doing better in other areas of life because gambling as it is, is just a game of luck and then that isn’t supposed to be what determines your intellect.

Emotional intelligence is what one may lack for losing consecutively but that has nothing to do with your other intelligence, instead we or anyone facing this stage should put more effort learning how to control their emotions, so they can know when to stop and leave.

[Samlucky O]

Why can many of us not recognize that we are already losing? Instead of stopping, we still continue until we lose everything we have, not only our bankroll but sometimes we even go beyond that. We even think of stupid decisions like depositing again, and this time not to win anymore but just to try to win back our losses.

That's definitely addiction, it's only gambling addict that lose and continue gambling despite knowing they are losing. A Gambler that can gamble and stop when necessary is not an addict. But this situation is different. Lastly any form of gambling to recover loses or to win a fresh game is just all about wining, there is no difference. What you just want is a win that will help you secure your past loses , so tell me how it's different from each other?

Have you experienced that? We are not crazy, we understand what we are doing but there are times, especially when losing, that we become foolish. We get reckless and just bet and bet, hoping we can recover but what is driving us is only our emotion because we are not thinking clearly.

I experienced this, the last time I remember my biggest loss was around $1,000 more or less.

You are very funny, what do you expect from a loser before saying that they act crazy. Of course a loser is likely to face frustration and mental unrest,, this will make them act negatively, or their altitude will look wired.

[AmaGold70]

Why can many of us not recognize that we are already losing? Instead of stopping, we still continue until we lose everything we have, not only our bankroll but sometimes we even go beyond that. We even think of stupid decisions like depositing again, and this time not to win anymore but just to try to win back our losses.

Have you experienced that? We are not crazy, we understand what we are doing but there are times, especially when losing, that we become foolish. We get reckless and just bet and bet, hoping we can recover but what is driving us is only our emotion because we are not thinking clearly.

I experienced this, the last time I remember my biggest loss was around $1,000 more or less.

Most gamblers are driven by emotions, and lacks emotional control, and just very few gamblers maintain discipline. There are gamblers who don't set limit or even manage their bankroll very well , and they can only stop gambling when they lack money. This kind of gambler can loose all their money in gambling. I have seen people who were doing well but gambling has left them with nothing because they lacked discipline in gambling. Once, I have been in this situation, and was tortured by it, but today I have been able to make some corrections that is keeping safe in the gambling market. It is a good thing to learn discipline in gambling because even when you loose, your lost can't keep you in deep regret.

[blockman]

Why can many of us not recognize that we are already losing? Instead of stopping, we still continue until we lose everything we have, not only our bankroll but sometimes we even go beyond that. We even think of stupid decisions like depositing again, and this time not to win anymore but just to try to win back our losses.

Have you experienced that? We are not crazy, we understand what we are doing but there are times, especially when losing, that we become foolish. We get reckless and just bet and bet, hoping we can recover but what is driving us is only our emotion because we are not thinking clearly.

I experienced this, the last time I remember my biggest loss was around $1,000 more or less.

I admit that sometimes I am foolish and reckless when I gamble. I think that it lies within for every gambler and does this foolishness. The main factor is about recovering what we've lost and that's the reason why even we're already in deep losses, we still have that hope that with just few more bets than we might get lucky and able to recover it all. The emotions attached to the losses is too deep and that's why when we're in that situation, we're not losing hope. But, come to the point that it doesn't look good anymore we then realize that it's a bad thing that can make us lose more and of our sanity.

[JoyMarsha]

Have you experienced that? We are not crazy, we understand what we are doing but there are times, especially when losing, that we become foolish. We get reckless and just bet and bet, hoping we can recover but what is driving us is only our emotion because we are not thinking clearly.

Accepting losses in whatever, is what some people can't do, and they have brought in such an attitude in their gambling stakes, not to accept losses like that without trying to recover it.

Many gamblers what's in their mind all the time is how they will recover their losses in gambling. They will neither rest or quit gambling for a day, unless they win amount that can change their life for good

[Exitoral]

This is not hard to stop. You need to have like a plan to actually make you not so go overboard and you should stick with it. You need a blend of self control and discipline. That's all you need. Self control to tell you when to stop and discipline to actually stop. If you eventually break your rules, you'll need something that won't make you bet for a long time. Let's say if you go overboard, no betting for like 5 months. Make it something that is gonna hurt you but in return it will save you. Try it.

[Versatile_choice]

I would say the true test of intelligence when it comes to gambling is whether or not the player is enjoying themself.

You're right about that, you know sometimes I wonder why most gamblers keep regretting after losing meanwhile their plan is just to test thier intelligence/ luck. Of course when I Loss in gamble, the only thing I do is to smile and just say "almost" especially when it's only one game that spoil the ticket.

Sometimes I feel proud of myself because it's not easy to bet on 10-12 games and you score 9/10 that's to show that you're a good predictor, of course sometimes you don't need to win before you know that you're good.

[Juicyhome]

I don’t think you should link your intelligence to the outcome of a chance game. That obviously doesn’t seem very logical. Instead of worrying about the outcome, try to enjoy the ride. I would say the true test of intelligence when it comes to gambling is whether or not the player is enjoying themself.

How can you enjoy when your losing, no body enjoy losing money in gambling, that's not a good a test of intelligence in gambling, all gamblers play to win and when we lose it hurt but not allowing it to break you is the smartness in gambling. Knowing when to a break is another smart move in gambling, staying gambling when you're losing is not a good idea, and there's nothing enjoyable in chasing lost.

[Akbarkoe]

A person who is in full control of himself and his mind will never act recklessly such as excessive betting, most people who like to overdo it they lose their mind because emotions control them and that's why emotional people are always stupid and act recklessly as a form of action.
 
So if you can control your emotions you will certainly never act stupid unless you are stupid before you gamble, but I believe that when you can control yourself in gambling you will not act stupid so that you lose all the money you have.

[Maslate]

Regular gamblers have surely experienced that, they know they are already losing but due to greed and the belief that they're due for a win after a consistent loss, they continue to gamble blindly. In the end, they lose a lot, even bigger than their expectations.

The only key is discipline and simply affecting the fact that we cannot beat the house edge. If we are already at a huge loss, its best to take an early exit, than to expect that we can still recover our losses, but in reality recovery does not happen for everyone, especially if you are already gambling with your stupid emotions.