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Author Topic: You will lose big in gambling even if you are overconfident !  (Read 1052 times)
Proty
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June 29, 2026, 07:24:02 PM
 #101

As long as gambling is concerned, I don't gamble with what I can't afford to lose and I understand that even with self discipline no one can control there losing but rather we can minimise how much we lose.
Losing a big bet as the op said is obvious that he wasn't a disciplined gambler because you were supposed to gamble within your limit.it is only those that lack self discipline that can't be able to keep to there set limits.
In gambling having confidence isn't a good idea because it can push a gambler into putting more or betting with an amount they can't afford to lose. Gambling is a game of luck , so is not something that a gambler should be having confidence because they can tell when luck will be on there side.

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June 29, 2026, 07:26:24 PM
 #102

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?
Don't be too greedy in gambling I think you made yourself greedy in gambling that greed defeated you. No matter how much you call yourself disciplined I think you are not disciplined at all because if you could have kept yourself responsible then you would not have made the same mistake again after losing a big bet. Gambling is good for entertainment gambling is not good for making money and I have not made such a mistake like you because I do not think of gambling as a way of making money and I do not dream of making money from it that is why I am using very little money on the gambling platform.

I totally get your point and that make a lot of sense because someone who claims to be disciplined should be able to afford this or he or she should be able to avoid such mistake from happening but instead the same mistake happened again, what shows that the person is discipline? because there is no prove or evidence for that. However, the whole action shows how emotional the gambler is because if he was not the mistake wouldn't have occured more than ones.











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June 29, 2026, 07:34:42 PM
 #103

Don't ask anymore, a gambler will ever experience a big loss even if they are confident and disciplined in their bets, but still defeat will not be avoided, after all, you have to realize this is gambling that the possibility of losing can be a lot.

You say discipline then it should not exceed the budget that has been set, good discipline is that when losing in sports betting there is no need to make another bet to cover the previous loss, it is better to rest and clear your mind first, it is better than continuing to bet.

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June 29, 2026, 07:51:00 PM
 #104

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.
What I can say leads to your loss is the experience you feel like you have accumulated over time, and it makes your confidence level grow, which makes you feel superior and is playing like you have beaten the system. Your experience is different from being disciplined and disciplined is exactly what you need in gambling to reduce and manage your loss, since you can't control how much you can win.

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June 29, 2026, 08:08:30 PM
 #105


Does this happen with you too?

First of all stay strong mate winning and losing is a part of a game and we learn from mistake . But most importantly don't make the same mistake twice learn from it the first time . You don't have to drink the whole ocean to check whether it is salty or not. I know very well that overconfidence can sometimes ruin everything but again winning and losing is a part of a game . I also faces a lot of losses just because i was over confident.  In gambling specially in the the long run a loss is certain but discipline saves us from not being bankrupt.

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June 29, 2026, 08:29:18 PM
 #106

You said that you were a disciplined gambler but also you said you went on and bet on two games with more money than you can afford then I guess you are contradicting the discipline part here or you never realized it. But it should be a good lesson for you and since you already realized that then there is no need to worry about it and if I were you then I would take a break like a week atleast that should compensate for the loss and also the strength on you mental health.

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June 29, 2026, 08:40:05 PM
 #107

Im an active bettor and the world cup has always been one of the things that I certainly make as a bet and indeed things like what happened in the title I can really feel when I bet with confidence in some moments that confidence just fades away.

The great confidence in ourselves and the abilities we have actually makes us forget the defenses that we should keep where the limits of ourselves so as not to gamble / bet excessively. But because our confidence is too high we forget that limit and gamble just because we think we will win but it ends up hurting.

I managed to get a lot of wins but the few defeats I got actually cost me the wins I had already gotten. I felt this in the group stage of the world cup and now I'm trying to evaluate what I'm doing so that the same thing doesn't happen in the rest of the world cup which is still very much worth betting on.

 
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June 29, 2026, 08:45:37 PM
 #108

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?

Sometimes overconfidence can destroy many things including our expectations of results so this is what I try to limit so that I remain humble but on the one hand I can still bet.
Sometimes the image that our mentality is much stronger appears because what we bet feels more reasonable and the probability of winning is quite high which makes us feel that this will not be a defeat even though we bet a large amount but that is precisely what makes us fall into the trap and forget that this gambling will still use the old system where luck has another role.

This can be another consideration for ourselves not to always follow expectations because in the end even though initially we will think we are mentally prepared for the worst but this can be different when we lose because this initial thought is accompanied by ambition and we feel we will win which makes our focus on betting become divided.

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June 29, 2026, 08:48:35 PM
 #109

...
Experience or no experience, gamblers can never outrun losses... Losses is a very much integral aspect of gambling and surely, no amount of experience can completely eliminate them... At best, experience could only help gamblers to manage those risks better so as to avoid any kind of reckless decisions... The issue you made here, same as some other out there is the act of folks staking beyond one's financial capacity, coz that alone is very risky and unadvisable.. Bet with just the amount that is reasonable enough for you to lose...











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June 29, 2026, 08:51:39 PM
 #110

Sometimes we misunderstand ourselves. Being involved in gambling for a long time doesn't necessarily mean you're experienced. While experience is present, it doesn't necessarily mean you've learned much from it, which is why you continue to experience significant losses even when you think you're experienced.
I've also been addicted, and I've certainly been in situations like yours, OP. This is also what makes me able to say that experience isn't the determining factor in someone becoming a better gambler.

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June 29, 2026, 09:02:26 PM
 #111

It did.

In the same way as you, I thought I was in control of everything until I found myself losing a big amount, again. It's tough. It's a situation where discipline should be the priority. If you cannot even stop the urge, it will destroy you.
So, you have been there, and you know what to do. The mentality should be moving on quickly. Don't let the past losses linger in your head because it will make you try to get revenge by betting high amounts while chasing those losses.
The faster you move on, the better.
There's no use chasing losses because it will only lead piling up bigger losses. So the best remedy would be learn from it and forget about it. Otherwise, thinking about why you'd lost and how much you have lost will only push you to take revenge and make poor decision making that will only result into harming your finances.

Losing is normal, that's an inevitable part of the game. But taking full control of your gambling urge and manage your emotions will help you minimize your losses, instead of having that overconfidence to take revenge and chase your past losses.

 
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June 29, 2026, 09:03:41 PM
 #112

First of all, being overconfident leads to making poor decisions and you might end up losing a lot. For most people they get too confident probably because they do proper analysis but they fail to understand that doing analysis doesn't always mean that winning is guaranteed. There are times as bettors that you can do everything logically right to win a bet but at the end of the day you would still end up losing because the outcomes sometimes can be random and unexpected.

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June 29, 2026, 09:08:55 PM
 #113

There are many who, after controlling themselves for a few days, think that they have become a completely responsible gambler. But over time, they do not understand the previous mindset that has developed within them. That is why they suffer big losses again and again. And after that, every time that gambler decides that he will bet responsibly. But later he makes the same mistake. The reason for this, I can say, is that he does not have control over himself. Due to emotional decision-making and greed, he keeps betting aggressively with the aim of making a profit and keeps making the same mistake even after losing repeatedly. Therefore, as a gambler, everyone should strongly fix his budget and bet within that limit. Only then will it be possible to avoid big losses.

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June 29, 2026, 09:20:59 PM
 #114

First of all, being overconfident leads to making poor decisions and you might end up losing a lot.
If you are overconfident in gambling, then am just going to say you might end up losing more, because their are some things which you are suppose to put into consideration, if you are so confident about your bet, you just going to ignore those things and you might just end up losing money at the end. Whenever you are gambling, you should always expect loss, even if you are confident in your bet, you should always have it in mind that things might end up going against you.

For most people they get too confident probably because they do proper analysis but they fail to understand that doing analysis doesn't always mean that winning is guaranteed.
You properly doing your analysis doesn’t guarantee that you going to win, your analysis might just be wrong sometimes, and you going to end up losing. Even if you are sure that your analysis is right, always gamble with caution.

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Su-asa
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June 29, 2026, 09:26:18 PM
 #115

People get too confident because they believe that they are skilled enough to win in the long run which is not really supposed to be how a gambler should think. You must always be ready to incur losses, meaning that at anytime you should be ready for any outcome because gambling is a game of wins. A lot of gamblers think winning is all about being skilled but this isn't really a guarantee and it's not something that you can rely on. From my experience I see overconfidence as a trap.

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June 29, 2026, 09:27:36 PM
 #116

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?

Yes, it happens to everybody and that's why when you gamble, don't gamble too big if you can't take the losses. Gamble only with little amounts so that you'll be able to control yourself and you won't be dismayed after the results. You said that you're mentally strong but when your pockets are empty, I think that's when you're going to be so reactive and it changes a lot of things of how mentally capable you are. Someone who's lost a lot of money changes their mindset quickly and they might also change their stand for being mentally strong but I hope that you're not like that.


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ejikeme24
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June 29, 2026, 09:27:52 PM
 #117

I have experienced that before, I used to believe that if  I'm cconsistent in gamble that some day I would hit the jackpot then after that I will take a dip break. But ever since I set this target till today I have not experience win not to take of to hit the jackpot, so for this reason I decided to stop gambling for the main time. During that break I started making research to know if there's any strategy that will guarantee wining but I seem not to find any, then I realized that gambling is a game of luck.Having know that gambling is just a game of luck i don't set target while gambling.

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June 29, 2026, 09:43:45 PM
 #118

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?


Losses in gambling are inevitable no matter how  you try to avoid it the losses are always more than the wins, therefore to be a successful gambler, one does not need to constantly remind himself of his losses, but it can be measured in other for you to know if you really will continue as a gambler or not, but it's important to see gambling as fun and and not a money venture so that you will always be relaxed and not angry with yourself over your losses, no matter how careful you may be, you will still lose in gambling.

Berry2d
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June 29, 2026, 10:03:54 PM
 #119

I have experienced that before, I used to believe that if  I'm cconsistent in gamble that some day I would hit the jackpot then after that I will take a dip break. But ever since I set this target till today I have not experience win not to take of to hit the jackpot, so for this reason I decided to stop gambling for the main time. During that break I started making research to know if there's any strategy that will guarantee wining but I seem not to find any, then I realized that gambling is a game of luck.Having know that gambling is just a game of luck i don't set target while gambling.

Know doubt gambling is a game of luck at times but even with present of that same luck, if carefulness in inclusive it will be very difficult getting that desired winning that makes us get involved in gambling. 
Although apart from luck there are also some gambling strategies that will help provide winning in gambling when greed have been eliminated in the process.  Greed is the general problem of all gamblers,  any gambler that do not gamble with a greedy mindset can easily come out victorious because he will  stake with caution and not to win all the money present in that game.

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June 29, 2026, 10:24:59 PM
 #120

If confidence alone guaranteed a win, we’d all be winners. You can’t let your guard down and wager huge amounts just because you are super confident about the outcome. As the OP mentioned, he lost more than he could afford, which, in my view, wasn't prudent. Some lessons are learned through mistakes, and hopefully, this one served as a learning experience.

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