Post
Topic
Board Gambling discussion
Re: Fear of losing money to gambling
by
Odusko
on 24/02/2025, 15:22:34 UTC
There’s no need to make things harder for ourselves. If we’re afraid of losing money, then we shouldn’t be gambling in the first place. That’s just how gambling works, you win some, you lose some. But if someone still forces themselves to gamble despite that fear it could lead to addiction. why? Because the fear of losing might push them to chase losses, trying to recover every time they lose.

In short, gambling isn’t for the reckless, it’s for those who are smart enough to understand risk management.
This is the trap I fell into many years ago. First, I lost a lot of money, and then I wanted to win it all back, but this led to losses that were incomparable with my income. I had to ask banks for a loan. Do you understand? I went to a bank to borrow money to gamble? Naturally, the reason given was completely different, but this does not change the main point. In the end, I received these funds. And what do you think happened? Of course, this money was also wasted. It was a total failure in my life. Everything went to hell. What happened next? That's a separate story.
The fact that we some times become pressured to make some moves to recover from our previous losses will lead us to losses and possible indebtedness at the end of the day, this is the reason why we always advise not to chase after your losses, your move to borrow from the bank to gamble with just to recover from your previous loses is a wrong move and good thing is that you can over cone that now, next time you feels you are gambling in the direction of chasing your loses make use of the limit control approach that way the casino regulate your gambling activities to avoid addiction, top cryptocurrency casinos like stake com have that feature.