How do you deal with chasing losses?

[Etude]

Hey there everyone.

As per stated in the topic, how do you stop yourself from chasing losses either from a bad luck streak or having to deal with the aftermath of making a silly large bet that should not have happened in normal cases playing the assorted varieties of Stake's addictive and fun games? ( I often fall for the 2nd one and scramble to try to recover what has been loss but well that is actually not too wise a decision in hindsight. ) 

Many times I try to distract myself from continue making bets to recoup the big losses occured during the specific gaming sessions only to end up losing whatever I have left. It is indeed a difficult decision to make whether to make the risky large recovery bet or to start over fresh with a smaller amount and to grind for a recovery.  

Does this scenario often occur to you too? 

[nuuuitsjdragon]

1 hour ago, Etude said:

Hey there everyone.

As per stated in the topic, how do you stop yourself from chasing losses either from a bad luck streak or having to deal with the aftermath of making a silly large bet that should not have happened in normal cases playing the assorted varieties of Stake's addictive and fun games? ( I often fall for the 2nd one and scramble to try to recovet what has been loss but well that is actually not too wise a decision in hindsight. ) 

Many times I try to distract myself from continue making bets to recoup the big losses occured during the specific gaming sessions only to end up losing whatever I have left. It is indeed a difficult decision to make whether to make the risky large recovery bet or to start over fresh with a smaller amount and to grind for a recovery.  

Does this scenario often occur to you too? 

Both ways kinda always end up in the same hole I dug myself into 🤮

I think gambling is very difficult a game to constantly profit on as it’s not a zero-sum game...

However, there are always outliers in every situation and there would be a few chosen ones that either make profit through a huge windfall (playing small amounts going for Jackpot-ish extreme multipliers) and get out afters or alternatively play safe with medium-sized bets and slowly grinding at the game. 

Both ways usually require huge balances - as the old adage goes: Only the rich get richer, the poor usually remain or become poorer 😵 

[Jakubb]

Actually pretty badly. When I lose I want to recover it, which obviously makes me lose it all.

It's too hard to control to be honest.

It's something to be working hard on, indeed.

[Carollzinha]

Normally chasing losses will never end well for anyone unless you have a big balance (and even so its mostly like you are going to bust all you have and still will not be able to recover your losses lol).. the main thing when it comes to recover what you have lost is to take some time, breath, rest a bit and try again later when you are absolutely calm because yes, when you start to lose much you tend to get upset and that's the main reason you keep busting even more..

[jkd123]

Thats happened to me so many times. I can't stop when losing and I tried so many way to recover and mostly I didn't recover what I loss. Untill someone told me to stop when loss on a gambling session, he said to accept your loss and take a rest.

[zeriko]

The very idea of chasing losses is destructive I've learned so any strategies incorporating it is flawed design almost every time I attempt to do it I fail and lose even more

[jualid]

Always happened to me too. When you lose so much, you will try harder and want to recover only from 1 bet which is hard and risky. To deal with it is, try to forget the loss and recover slowly and don't greedy.

[davinmark]

i think chasing losses is not a good move, especially when u already got a big losses. thats why when we want to recover our losses, we need to calm down and play again with small bet

of course, slow but sure is better rather bust in 1 minute  

[irawk0]

I have a good idea for fixing this. Stop/never look at your general account statistics. Have live bet chart up always, and reset it whenever you reach a loss point (like 50% loss for example). This way you don't really know your losses and can't really chase em, because that will definitely be the downfall and reason to busting everything.

[KiXxnTRiXx]

Good question. Kindly let me know if you ever figure it out.. cause it's been months of just losing for me.. some are my own doing, but mostly cause the games are... lol

[williamshennie9]

I have learned the hard way, sometimes I will lose 100 DOGE, and then to try and recover, I went all in on hilo, and chose a king and my start card, and chose lo, of course the next card was a king. So definitely do not chase losses, it is probably a bad idea if you do it regularly.

[polor12]

wining and losing is part of gambling.. you get frustrated etc..handling or conducting yourself in a streak losses all depends in how much has been lost.

[fappkitty]

Bet responsibly, only bet money you  can afford to lose, sometimes when I'm on a "lose Streak" I'll just watch movies or do anything to distract me from chasing those lose bets, Goodluck on your Future bets!

[Sefan]

I try to not chase losses, but when i do i lose my self control but its worth it sometimes, but only if you have a large starting balance, otherwise i would recommend to just leave it  cause if u chase it you will end up losing everything

[Kate]

Well I don't chase loses only wins. The thing is after you lose your balance then we should understand that that balance is gone and can't be ever brought back. 

[dominated]

oh, I repeatedly caught myself on the fact that I lost more and more bets I put more and more, and as always as a result received 0 on the balance sheet. For me this is a rather big problem, although in my hands there are very small bets, I manage to lose all the balance. After that, there comes a silence and some incomprehensible emptiness ... It is rather unpleasant, then I decide to make a deposit, I get it and I continue to play, because I have to win at least once. There passes a certain part of the time and op, on the balance again shines 0. Then for me remains the only basic option - to go to bed. After all, nothing remains to do than sleep after a hard working day. But still, save your savings, because they are your own money, which once will be saved. I think that the result of each individual gambling depends on the case, the results of a long series of games obey certain statistical laws. Owners of roulette and other gambling houses with a long game always remain in the win, even if the game is not accompanied by any deception. This is determined by the very terms of the game. Establishing the conditions under which the game is "fair" or "harmless", that is, gives both sides absolutely identical chances of winning, as well as the conditions that ensure the production of games on a large scale (that is, with a fairly large number of its repetitions), a certain gain of one the side, is the subject of mathematical research relating to the field of probability theory. and this does not mean that we should increase the bid, because the Bigger bet does not increase your winnings.

[wcmawiii]

Yes! After increased bet I always busted fast. Maybe break a bit before you try again or change game. Or be friendly chatting. Lol. Before you try again. And it works for me sometimes. Only sometimes. 😝

[Furlicious]

23 hours ago, Etude said:

Hey there everyone.

As per stated in the topic, how do you stop yourself from chasing losses either from a bad luck streak or having to deal with the aftermath of making a silly large bet that should not have happened in normal cases playing the assorted varieties of Stake's addictive and fun games? ( I often fall for the 2nd one and scramble to try to recover what has been loss but well that is actually not too wise a decision in hindsight. ) 

Many times I try to distract myself from continue making bets to recoup the big losses occured during the specific gaming sessions only to end up losing whatever I have left. It is indeed a difficult decision to make whether to make the risky large recovery bet or to start over fresh with a smaller amount and to grind for a recovery.  

Does this scenario often occur to you too? 

You are not alone, Etude. Lol! We are so damn alike when it comes to dealing with this daily busting cycle. Its seriously exhausting and demoralising to start all over again to be honest. Best to just call it a day and have a good quality rest. Get urself recharged with positivity and try to win again the next day. 😉

 

[rosivaldo]

and anyway we have who do want in life agent ask for and WINS in love in jogono work then we have to deal with it in your life

[xtinepink]

I just thought that when you are in your game and you are continuously losing, then you have to really stop before everything comes down to zero. Base on my own observations loses will surely come once you already made good profits for couple of day or even hours of playing. 

If you don’t stop your game, you will end up seeing your balance empty again. Never chase your losses.  

[Mistake]

Lose streak 5 bets? only 1 the way thats allin hilo lol