Post
Topic
Board Gambling discussion
Re: Dont chase your loss
by
Fredomago
on 28/03/2024, 12:45:43 UTC
It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?

This is a good point and I agree with this. When you are not on your +A game, then don't push your luck. It's better to stay away from your laptop or phone and preserve your money. It's a very big mistake because what happens when you are not with yourself is that you over risk your money, if you have a loss, then you want to make it back right away. So you risk more, and if you lose, you lose more. Plus the stress you will be carrying the rest of the week until you moved on.

It's not a good way of approach in gambling. Instead, when you feel it's not your day, then just stop. You won't lose any money so it's still a win day anyways.

Yes that is the point and I love the way you expressed it, there are some worth promising potentials of winning in as much as there is no certainty, the truth is that you don't tend to be gambling without timing, but you see when you are chasing your loss you have become vulnerable to be gambling more than your usual time and that is getting it all wrong.

Exactly, more on timing and  right mindset about how you'll treat this activities, if you know and understand it well, you'll be able to manage yourself and your emotion, though it's tough when you'll already engage and most of the time when you are in the losing side you wanted to chase our losses indicating that you are putting more risk with your finances, it's always better to quit or stop when you feel that things is not doing well, refresh yourself and try to reflect if what you're wrong, with that, you'll be able to cope up and will have that new and renewed positive vibes.


Don't chase your loses and also don't chase your victory, anything that happens should be accepted that way and move on. To avoid chasing losing, have a budget that you'll use for gambling and when you exhaust that amount don't add more money to use in gambling but stop for that day and try again as you mightn't be having a lucky day and when you continue to chase you losses you'll keep losing.

Your advice is very good, we should not force ourselves to pursue something that we are not sure we will get and that will also make things worse in life because we as gamblers should be able to control our emotions well and must accept all forms of events. it happened. we will meet, try to understand it wisely. that losing and winning will definitely happen and being responsible is the key to facing it all.
It's true, sometimes we are unlucky therefore ending gambling can save your money from bigger losses. Emotional control is the main point here, which not everyone can implement. This means that most people are still carried away by the atmosphere of the game, and think that by adding a little more capital they can get back the money they have lost.

If a gambler has a good mind because luck is very hard to come by then he will immediately leave the casino then he is a wise gambler because he takes the right actions so as not to suffer too many losses there. But in reality we find that there are only a few such gamblers and most of them are controlled by greed which drives them to stay in the casino to get their desires fulfilled. for example as you said, they are thinking about placing another bet and they are sure they will get that profit.

Indeed, a wise gambler knew how to play with luck, if he thinks that he's not doing well and luck is not backing him up he'll quit away and pause for a while, knowing that there's no good thing that will happen if he will force himself and keep playing, instead he will take a break and will try to bounce back another day.