Re: Lost more in the process to recover ?

Quote from: sulendra12 on October 26, 2020, 09:59:16 PM

Quote from: pawanjain on October 21, 2020, 10:38:01 AM

I guess this would have happened with the most of us ain't it ?

The other day I lost a few $ gambling on Roobet. My luck was so bad that day that when I thought of gambling a little more so that I recover the lost funds I lost more than 3 times the amount I lost earlier Grin

Eventually I just quit the game and didn't play it again for 2 days. This is too obvious for any gambler and everyone can relate to this feeling.

That's what its called rage-gambling. I have seen someone in twitch lost $50 in first run. BUT, the urge of getting your money back and the greediness lead them to death. They lost $120 just for the sake of recovery. That makes me realize that as soon as you lose money on anything, you should move on and try it different day with the amount you can afford to lose.

It's not even a joke, small thing like this could affect your life in the future.

This happens a lot in poker and even in trading as well, if you have a good hand and then you are beaten on the last card by your opponent that made inferior plays you cannot avoid being mad about it, this is why it is important to wait a few hands until you get calmer to keep playing because if you do not then most likely you are going to make bets with the intention of getting your money back immediately and that is never a good thing to do.