Quote from: Wakate on August 21, 2025, 10:55:00 PM

Quote from: blockman on August 21, 2025, 10:24:55 PM

I understand why we're pushing for more when we're in that winning side. That's because we feel lucky and likely to win more and that's the reason why we want to keep on doing it. And we're in the adrenaline rush during that time and that's the reason why we're trying to make something out of that momentum and if we're winning at that time, we think that we should go for more. But in the end, we realize that it's not as good as what we're thinking and we're only losing it because we didn't take the profits that should have been for us already.

There are many ways we could regret for not taking a decision that would have changed our lives. Making g profits is what everyone has been anticipating for but some times, it will be good for us to not stress thing and take outcome the way they hit us so we don't have to ovr think and make stupid decision due to emotions.
Even though making some kind loses might be very painful for us, we ought to be smart and help ourselves not to become victim of circumstances. What we lost today can always be gained tomorrow if we are strong and focus.

And that's the kind of chasing losses that makes us do it, we think that we can regain the losses we've and so, we keep trying but ending up still with the same outcome.

Quote from: Grace333 on Today at 07:03:07 AM

Quote from: blockman on August 20, 2025, 10:45:05 PM

It's a trap when you have no acceptance in yourself. And that's why it's one of the first move that most gamblers need to have. When we've lost, we just accept it so we can move on and look forward to another day. Because if not, you're right that we'll be trapped on it and that's where the worse things could happen. As you have said, more losses could come and you'll lose grip to yourself because you'll start to become emotional and that's going to make you have difficulty in quitting because the losses have added on top of your recent. And what you want to do is to recover it all which is unlikely to happen.

It is the truth, and TBH accepting a loss is harder than it sounds because your mind just wants to chase it back immediately. The thing is, the quicker we can mentally let it go, the less it lead us into something bigger. Once you start carrying yesterday loss into today, that is when poor decisions start coming up and it will definitely get messy..

For me, forgetting a loss is not about ignoring it, firstly you have to first accept the fact that you are comfortable losing the money you want to stack, if you are stacking only what you can loss then you can shut losses off mentally and easily.. Otherwise, you just keep feeding that emotional cycle and end up risking even more...

That is ego for us, we don't want to accept it because we feel bad and we just can't accept it rightaway. But if you're the type of gambler that can easily accept it, you're able to overcome that ego as a gambler.

Quote from: |MINER| on Today at 12:00:21 PM

You are right and this is why I believe that before we start gambling, we should have a strategy where we set an expected winning amount as well as an amount we can afford to lose, and always keep a realistic amount in place so that we don't exhaust our bankroll before we touch the winning amount every time. And besides, I think that if gambling is done this way, we won't suffer too much from the loss.

And if we lose control and repeatedly chase a limited amount, we will develop a gambling addiction, which will lead to even more terrible consequences.

Whichever strategy and type of acceptance that works for each of us, we should do it to avoid further damage to us emotionally and financially. Setting a budget may sound old but if it works, it works.