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Author Topic: You will lose big in gambling even if you are overconfident !  (Read 1060 times)
hyudien
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June 29, 2026, 11:15:08 AM
 #61

I used to thought myself a disciplined gambler. I had confidence in myself that I could control myself from losing. In my new situation in gambling, I lost big and learned from it. My experience of losing made me committed to being more disciplined in the future and gambling within a set budget. In that a new situation, the amount of money I lost was much more than my financial capacity. I was able to stop gambling and occasionally bet on sports betting very controlled and with a set budget allocation.

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.

Does this happen with you too?


This is the truth about gambling, even though our experiences have taught us to be more controlled, there are still times when we relapse into greed, chase losses, and experience losses beyond our control. And of course, I've personally experienced this, demonstrating the reality that gambling is indeed difficult to control.

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June 29, 2026, 11:17:39 AM
 #62

One thing you must know is that people keeps learning from their experience or past knowledge because, most gambler has this mentality that immediately they started gambling they would make the desired amount within a shorter time frame but has forgotten that winning profits varies.
Confident is good but if you do not make analysis properly then it would definitely affects you, but confident plays in when you have made research and confirm that the game would win and you trust your analysis.


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June 29, 2026, 11:26:46 AM
 #63

Title should have read, " you will lose big because of overconfidence" nothing punishes gamblers more than people that think they can outsmart the game.. I know we have people that know their sport inside out but you can never be too sure of  what's to an outcome..

Otherwise when it comes to gambling, you win some and you lose some!
Overestimating one's betting capabilities is an ambiguity attitude that perhaps leads players into believing winning is possible whenever they're the ones staking a bet, other than acknowledging the fact that others have lost so much in same game. Players who do this also think this way in other aspects of life, and in many cases it ends them up making similar mistakes as they do while gambling.

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June 29, 2026, 11:27:50 AM
 #64

No good amount of confidence will make you beat the house and win. Gamblers will always bet and experience losses, but the amount of losses may vary based on your level of risk management, and emotional control.

If you feel too confident because of your level of gambling experience, I should say you are not going to benefit there. Instead, being overconfident makes you bet more and lose more, and that's when we think it could be an advantage when in reality, it could be a big disadvantage for us while the casinos are taking advantage on us.

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June 29, 2026, 12:02:55 PM
 #65

That is why it is not right to be overconfident about gambling. A gambler can easily become emotional by winning or losing money while gambling, when a gambler gambles emotionally, the gambler makes quick decisions, which naturally increases the chances of making mistakes. So, whatever the outcome, it is better to take your time and control your greed or emotions and make the right decisions with a calm mind and It is better to gamble only with money that you can afford to lose without causing yourself financial disaster.

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June 29, 2026, 12:21:00 PM
 #66

One thing you must know is that people keeps learning from their experience or past knowledge because, most gambler has this mentality that immediately they started gambling they would make the desired amount within a shorter time frame but has forgotten that winning profits varies.
Confident is good but if you do not make analysis properly then it would definitely affects you, but confident plays in when you have made research and confirm that the game would win and you trust your analysis.
Confidence is good because it can lead you creating decisive plays and makes emotions more manageable. But when it is done in excessive manner like you are already feeling overconfidence in gambling, that's where gambling becomes more dangerous because you become more prone to losses and increase feeling of frustration.

Everything in gambling is battling with the unknown, so overconfidence will definitely won't help us but will only lead us to ignore probability and ruin our finances.

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June 29, 2026, 12:35:54 PM
 #67

I used to thought myself a disciplined gambler. I had confidence in myself that I could control myself from losing. In my new situation in gambling, I lost big and learned from it. My experience of losing made me committed to being more disciplined in the future and gambling within a set budget. In that a new situation, the amount of money I lost was much more than my financial capacity. I was able to stop gambling and occasionally bet on sports betting very controlled and with a set budget allocation.

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.

Does this happen with you too?


Your set budget law is what you keep breaking, do you know what budget meant? Nothing beats risking what you can only afford to lose and trading your post revealed that you risked too much.

You claimed you've learnt your lesson and you will went back to lose alot of money again, forget what you think you are, this is gambling for crying out loud, you have no control over anything here, even if you can predict five games right in a role you still aren't in control.

If you can pick out your losses in gambling it's because you are pained, and that's because you have risked too much, let's say you only lost $3 in those two days will we be having this conversation right now? Think!

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June 29, 2026, 12:42:36 PM
 #68

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.

We can be careful and disciplined in gambling, but that doesn’t make us luckier at it. We try to lose less; I guess that’s better than going all out with the money we have. You’re free to gamble again, but keep an eye on the budget and the discipline you’ve already practiced. You won’t lose a lot if you don’t break the limits you set for yourself.

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June 29, 2026, 01:05:56 PM
 #69

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.


Even the most disciplined gambler falls into temptation and loss. I've been trying to be a disciplined gambler, and I believe I reached that at some point, but I still fall into temptation and lose money I shouldn't.
It's important to remember that there's a possibility we might return to gambling irresponsibly, so awareness is key, and remembering what we've always worked for to control ourselves.

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June 29, 2026, 01:08:56 PM
 #70

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.

We can be careful and disciplined in gambling, but that doesn’t make us luckier at it. We try to lose less; I guess that’s better than going all out with the money we have. You’re free to gamble again, but keep an eye on the budget and the discipline you’ve already practiced. You won’t lose a lot if you don’t break the limits you set for yourself.
People often talk about setting targets, goals for themselves but I often say that things does not end at setting targets and goals, it's way more important for the gambler to have what it takes to be able to discipline him or her self to strictly follow that which they've set as a target or goal.

I've meet some persons who while fun chatting about gambling told me that all this goals and targets doesn't work for them, that the couple of times they tried, they failed woefully, and I told them it's good they said it doesn't work for them and not that it doesn't work at all, because what they lack is the right level of discipline to strictly with any form of compromise, follow their own set rules.
I believe op falls in that category of persons who lack the moral ability and the right level of discipline to set a gambling standard and maintain it  and this is what resulted in his loss.

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June 29, 2026, 01:24:52 PM
 #71

I used to thought myself a disciplined gambler. I had confidence in myself that I could control myself from losing. In my new situation in gambling, I lost big and learned from it. My experience of losing made me committed to being more disciplined in the future and gambling within a set budget. In that a new situation, the amount of money I lost was much more than my financial capacity. I was able to stop gambling and occasionally bet on sports betting very controlled and with a set budget allocation.

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.

Does this happen with you too?

Overconfidence is a poison that can manipulate you and when playing you start to obsess over the stakes in it that make you feel you can do it and think you will definitely win, but in fact it always slaps you back in the face with a very expensive price, that's why you experience repeated mistakes over and over again.

You don't allow yourself to reflect longer in improving yourself, to be honest after experiencing mistakes you don't learn from them well and you just say I promise myself without a clear commitment such as calming down first from gambling before starting again, I have experienced that but never repeated since I set myself to budget and limit myself.

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rachael9385
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June 29, 2026, 01:43:29 PM
 #72

There are two things involved when it comes to making mistakes in gambling it's either you learn from it or you continue doing the same thing that's going to get you addicted to gambling or incur lots of losses. Confidence plays a very important role when it comes to gambling but being overconfident kills a lot.

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June 29, 2026, 02:12:13 PM
 #73

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.

Does this happen with you too?
Truth is that sometimes it gets really boring, the whole responsible gambling stuff and gambling within a budget and you just feel like to explore outside your confinement a bit, that's when reality hits you again and you return to responsible gambling.
Most times it's my bankroll that saves me, when my balance has been exhausted and I must have to quit. If for any reason I permit myself to even fund my account the second time and continue gambling for the day, there would be recurrent funding and the losses would probably be massive

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June 29, 2026, 02:41:03 PM
 #74

You will lose big in gambling even if you are overconfident !
Maybe I have often said that when we register and have an account at an online casino, that's when we are faced with the game, everywhere and all over the world we go, the game basically only has two wins and a loss, that is a certainty that every gambler must face.

Talking about defeat, of course all of that is already in the mathematical formula for gambling and vice versa for winning, so no matter how good we are, whatever strategy we use, our confidence and self-confidence are sky high, when you lose you still lose and vice versa, There are no people in this world who can prevent bad and good luck for themselves, that's the basic point, If you are someone who can place bets on every game and win every time without losing, I'm sure online casinos will go bankrupt, the proof is that casinos are increasingly mushrooming.

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June 29, 2026, 02:41:56 PM
 #75

I used to thought myself a disciplined gambler. I had confidence in myself that I could control myself from losing. In my new situation in gambling, I lost big and learned from it. My experience of losing made me committed to being more disciplined in the future and gambling within a set budget. In that a new situation, the amount of money I lost was much more than my financial capacity. I was able to stop gambling and occasionally bet on sports betting very controlled and with a set budget allocation.

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.

Does this happen with you too?

It is no doubt that been overconfidence is always one of the major reasons that often make a gambler lose far more money than they can afford losing. And likewise been overconfidence is one of the first step through which an individual start developing a gambling addiction. But the truth is, gambling doesn't reward confidence, it rewards discipline over time. And the moment you start believing you can't lose or that you're guaranteed to win, you're more likely to make reckless decisions that can lead to devastating losses. Because the casino don't care how confident you are, as one bad decision fueled by overconfidence can wipe out weeks, months, or even years of winnings in a matter of minutes. So that's how gambling works. It is a friend nor enemy to nobody.

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June 29, 2026, 02:47:38 PM
 #76

I used to thought myself a disciplined gambler. I had confidence in myself that I could control myself from losing. In my new situation in gambling, I lost big and learned from it. My experience of losing made me committed to being more disciplined in the future and gambling within a set budget. In that a new situation, the amount of money I lost was much more than my financial capacity. I was able to stop gambling and occasionally bet on sports betting very controlled and with a set budget allocation.

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.

Does this happen with you too?

If I got this right, you used to gamble mostly on casino games and ended up losing a lot of money. After that, you switched to sports betting and became much more careful with your bets. Then you got tempted to play casino games again and ended up taking another big loss. Am I understanding that correctly?

Sometimes I think casino games are way more tempting and definitely more entertaining. But without realizing it, they can also make gamblers lose control. That's why these days I focus more on sports betting, although I still play roulette occasionally. Even then, I only use whatever money is left over from my sports betting balance. So even if I lose control, the amount is not too big and will not be disappointing.

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June 29, 2026, 02:53:22 PM
 #77

Having too much confidence in gambling has never been a reliable requirement for winning. We all need to be aware that in gambling there is luck, chance, and skill. If you choose to play games of chance that rely on luck to win, then you should know that the odds of winning will always be very low, but since you're playing for fun and with an amount of money you can afford to lose, then there's no problem in losing. Even if you win on some particular day or hour, in the long run you'll be losing. When you choose games of chance that rely on skill, it's the same thing; in the long run you'll be losing.

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SOKO-DEKE
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June 29, 2026, 03:10:17 PM
 #78

I used to thought myself a disciplined gambler. I had confidence in myself that I could control myself from losing. In my new situation in gambling, I lost big and learned from it. My experience of losing made me committed to being more disciplined in the future and gambling within a set budget. In that a new situation, the amount of money I lost was much more than my financial capacity. I was able to stop gambling and occasionally bet on sports betting very controlled and with a set budget allocation.

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.

Does this happen with you too?


Many people are experiencing what you have been experiencing in gambling. The point is that some people hardly control themselves, even after they promise themselves that they will not act the same way they acted before because they do not want to lose more money in gambling. This is because they see gambling as a way they can make money.Because of your situation now, you have already controlled yourself by setting a budget. I don't know the reason why you still end up losing more than your budget if you truly don't see gambling as a way of making money.

I was also someone who seemed to be addicted to gambling before because of the way I was losing money. The reason why I was losing money like that was because I believed I could make more money from gambling. Later, through my losses, I discovered that gambling is not a way of making money.i stopped gambling for some time, and when I started again, I always set a budget for my gambling activities. It has been over three years now, and I have only gambled within my budget. Once the budget is finished, I don't spend more than that. I was able to achieve this because I now gamble only for fun.

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June 29, 2026, 03:15:08 PM
 #79

I used to thought myself a disciplined gambler. I had confidence in myself that I could control myself from losing. In my new situation in gambling, I lost big and learned from it. My experience of losing made me committed to being more disciplined in the future and gambling within a set budget. In that a new situation, the amount of money I lost was much more than my financial capacity. I was able to stop gambling and occasionally bet on sports betting very controlled and with a set budget allocation.

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.

Does this happen with you too?

It is no doubt that been overconfidence is always one of the major reasons that often make a gambler lose far more money than they can afford losing. And likewise been overconfidence is one of the first step through which an individual start developing a gambling addiction. But the truth is, gambling doesn't reward confidence, it rewards discipline over time. And the moment you start believing you can't lose or that you're guaranteed to win, you're more likely to make reckless decisions that can lead to devastating losses. Because the casino don't care how confident you are, as one bad decision fueled by overconfidence can wipe out weeks, months, or even years of winnings in a matter of minutes. So that's how gambling works. It is a friend nor enemy to nobody.

One of the greatest pitfalls for a gambler is to become too confident. Often, experience, previous wins, or self-discipline is thought to overcome odds, but that simply doesn't seem to happen when it comes to gambling. Even if you are a skilled or confident baccarat player, each wager has a risk associated with it. That is the reason why many of the seasoned gamblers continue to make costly errors after thinking they have the situation all figured out. The most critical habit doesn't have to be confidence. It has to be consistency following your limits. The key elements of gambling are a set budget, knowing when to end, and figuring out that you need to take the losses as they come. Once confidence becomes complacency, chasing losses happens a lot easier and much more likely to result in a great deal more than what is anticipated!

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June 29, 2026, 03:18:04 PM
 #80

I used to thought myself a disciplined gambler. I had confidence in myself that I could control myself from losing. In my new situation in gambling, I lost big and learned from it. My experience of losing made me committed to being more disciplined in the future and gambling within a set budget. In that a new situation, the amount of money I lost was much more than my financial capacity. I was able to stop gambling and occasionally bet on sports betting very controlled and with a set budget allocation.

But recently, I have been inclined to gamble again and lose big bets in two days. I thought myself experienced and mentally strong. Anyway despite being a careful and experienced gambler, I made this loss which is very undesirable.

Does this happen with you too?

Even if you have participated in a game and won, you cannot say in advance that you will definitely win the next game. I have not yet found any strategy that can be followed to win in gambling or skip long-term losses. So I think that no matter how experienced or long-term a gambler is, I believe that there is no specific rule or specific strategy that can be followed to win all the time. Gamblers know that if the result of the bet they are placing is bad, they will definitely lose, but they still do it because they are addicted or disciplined gamblers. Therefore, it is better to use money from your entertainment fund to bet so that there is no problem if you lose.

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