Post
Topic
Board Gambling discussion
Re: Dangerous chasing losses
by
beerlover
on 05/11/2023, 15:54:45 UTC
It’s really hard to recover losses if your main goal in gambling is just to have profit since the house edge will not permit you to win consistently against the house.
They can't stop us from winning occasionally, and if we're lucky, we might win. But that house edge is designed to give the casino an advantage in the long run. Plus, if we keep winning, they may impose betting limits, which will also reduce our potential winnings. However, when looking at long-term outcomes, the odds are not in our favor.
I agree, the frustration that causes you to keep chasing those losses will not end up with anything that is decent or long term, we should be considering that as something that is a little bigger and better if we want to. I hope that we could get to a point where it could be a lot better. I believe that we are at a point in our life when we can say that it is not going to end up being a little different, and for that to happen we need to realize that we can't change anything that quickly.

Hopefully, we could make it work, and if we can't then we are going to be basically losing even more while chasing the initial loss and that is what happens most of the time. People who chase their losses do not understand that it is not going to be easy to get that money back, and this is why they are going to keep losing money one way or another and should try to find a way to get over it and just go back to normal gambling without chasing anything that they lost.