Quote from: n0ne on February 16, 2019, 02:10:00 AM

Quote from: richminded on February 15, 2019, 09:02:03 PM

Gambling losing streak,

Im into gambling for about months now, and in my first game I was able to generate profit enough to be happy, I continued for the rest of my 4 weeks of playing, sometimes its breakeven but I know its ok.

My friend invited me to play with him in casino this time, I have enough money to play for so I decided to say yes. Bad luck comes to me this time, at first my loss was about $500, so I know it is still fine and decided to continue, but the moment we stopped I think its too late now since Ive already loss $3000, a very bad day for me. Ive lost the money Ive worked hard for.

This is an eye opener situation for me, and Ive realized that gambling was slowly eating my brain and my money. Now Im broke but still kickin, this can be the proof that chasing your losses is not good at all and it should be avoided. Have the same experience with me? Dont hesitate to share and give some thoughts for those who are suffering from sitution like this. Sad

That's the mistake that every user does while they're new to the gambling. They don't analyze about the good and the negative effects. From the post it is clear that he have accompanied his friend, which is good. At the same time he should be clear about the games as well the winning probabilities and losing chances. Just because you won the first game can't expect the same to happen longer.

I agree, this is mostly the mistakes of gamblers, they tend to bet higher after winning the first game, they think it will be a winning streak but in the end it turns out to be a losing streak and they lose more that what they won. Also as a newbie it would be best if they bet with small amount or maybe observe first how the game goes instead on betting right away even without knowing how the game works. Gambling is not a joke that you can just bet and bet and rely on luck because that would mean you'll lose more that what you can afford.