Post
Topic
Board Gambling discussion
Re: Dangerous chasing losses
by
slapper
on 19/11/2023, 17:49:09 UTC
It can take a person a few tries before they get it right and they may chase their losses a few times before they learn their lesson, but this is a lesson that most gamblers eventually learn as it is such a common mistake, however there are a few gamblers out there that never learn their lesson and despite losing several times in a row they decide to keep gambling hoping for one day to recover the money they have lost, and unfortunately for them that day most likely will never come.

Yes, I don't think that gamblers didn't know this, however, it's the risk that we take though, it's like go big or go home attitude, YOLO. So maybe there are some gamblers here who will go and chase their losses in hoping that they can still make it break even at the end of their session or even won some money. But in any case, they chase and lost then it's going to be a problem. You might be affected mentally and physically, I mean there will be times that you are thinking that you should have quit when you still have some money or you chase and then get it back. But then again, it's really hard to control our emotions if we are in that kind of situation, your mind is thinking possible things that might happen and then you give in to the desire of wanting to make a comeback win.

It seems that it has become a natural thing that is common, especially for gamblers who are newly involved in gambling, of course it is beyond our control or other people because in the early stages they are still very excited in carrying that wrong mindset, so it is very difficult to be able to give better advice to them if they are in a state of enthusiasm in their gambling involvement. Chasing losses to break even is the initial cycle experienced by newly involved gamblers, they do not know that it is the starting point of a more severe destruction that will cause many problems, especially in their finances.

That's quite a serious problem but on the other hand as I said above it's quite difficult to control them with some advice, they have their own mindset that is always strong even though it's basically very wrong. So maybe what will be able to change them for the better is just time, they will be able to know that they should not overdo it when they have experienced some serious impacts which will indirectly give them valuable experience not to make the same mistake again. So I think there will be a certain point where they will be able to gain some awareness.