Post
Topic
Board Gambling discussion
Re: Gambling Management
by
Jody.Drummer
on 13/05/2024, 09:44:42 UTC
A gambler cannot be called an addict if he can stop at any point. Those who are addicted gamblers can never take losing easily. Even if they lose, they feel that they have to recover their lost money immediately. As a result of their misconception, they are gambling day after day. Some to recover his losses and others to win. Either way those who lose control over their gambling become addicted gamblers. There are some addicted gamblers who gamble after a loss with the intention of recovering that loss and eventually lose their entire bankroll. Those who wish to conduct normal and healthy gambling must stay away from addiction and have good money management skills.

Chasing losses in gambling is like chasing after a car that have failed brakes, you don't know where it's going to crash and when it crashes, it is going to case damage to the car and perhaps to the person driving it. A gambler must not chase losses in gambling because they will not recover the lost money, they will still loss more. I wish I can make all addicted gamblers to know this.

Well I quite agree with the analogy you gave here, chasing losses is like you are chasing an invisible wind, in the sense that victory is always unpredictable when it comes which makes them most likely even experience an increase in the amount of loss. Simply put, if for example the victory in gambling has certainty and guarantee then yes there is nothing wrong with chasing losses, but what we must understand is that however gambling is always an activity that cannot be predicted about how the results will occur at the end of the session, still in the end you can win but you are also very likely to lose, having the intention and goal of recovering something that has been lost can never affect the outcome at the end of gambling, or that means the idea can never change the percentage of winning chances to be higher than losing, meaning the possibility of losing a larger amount is very likely to occur, and what we must understand is that you have lost in gambling and how can you intend to pursue recovery in the same place? this is what makes no sense.