How To Avoid Chasing Losses?

How to Stop Chasing Losses.
If you have been gambling for a while then I can guarantee that at some point you must have definitely chase losses, only to end up regretting more and even losing more than what you have lost previously.

What Chasing Losses Is All About?

Chasing losses is when you continue gambling with the hope of recovering what you've already lost. You might believe that you'll win eventually win, so you invest more money and time into it but you only constantly keep adding up to your losses.

You might have the feeling that you're about to win big but this is only the start of bad things to happen. Chasing is a sign that you're now losing control of your gambling.


How Does It Feel Like?

When you’re chasing your losses, you’re filled with these emotions anxiety, frustration, and worry.

Gambling is no longer fun and it's more about getting even and finding ways to rationalize the losses. You might start telling yourself, " It was just an unlucky bet, ... will surely win this time.", "I have already loss this many times in a row i will definitely win now.", " I will win it all back this time."... etc.

What all this will lead to is betting frequently, with more money, and taking unnecessary risk which you know you have less chances of winning. Now the losses just keep on adding.

How To Avoid Chasing Losses?

Avoiding to chase losses might be tough but its possible.

1) Stop Obsessing/Trying Too Hard To Win It All Back:

We all win once in a while, but thinking that the next bet might be that big win makes it hard to stop.

It's normal to think that the next bet will turn your luck around and you win back your losses, but you're only just fooling yourself.

When you only think about winning it all back, you don't consider all the additional losses that are adding up.You might think that it's just an unlucky streak, it will definitely come to an end and you will win back all your money soon, but you're entering a dangerous territory.

2) Don't Take It Personally:

Nobody likes losing and its not a great feeling. It’s normal to take it personally. 

When you get into the game of proving yourself or others that you did not make the wrong decision, chasing losses seems a logical way to get back your losses. But its not the case, the more you risk, the more you end up hurting yourself.

Over time, you may end up borrowing money to win back your losses, which can create more problems. Now you may feel even more pressure to get back your losses.

3) Take A Break:

Whenever you find yourself in a situation wanting to get the money back that you have just lost gambling, it's a signal to stop. Take a break when you get that feeling as it's an early warning sign.

Walk away, take a break and clear your head. Do something you like and enjoy. I can be watching a movie, reading, listening to music, playing a game, cooking, or text a friend. Know that this feeling of wanting to go back won’t last.

The best way to avoid chasing is to never break this gambling rule: 

Don’t gamble more than you can afford to lose.

Just be real with yourself – know how much money you can afford to lose, so that you can wake up the next day feeling as good as the day before.

If you are planning for a recovery. There is a better way to recover your losses instead of chasing your losses. Check out our Recovery Guide.

Want to add something or have any doubts, leave a comment below.

Follow @smartgamblingedge on Telegram, Never Miss Any Updates!

Do share the post with a friend that might benefit from it!
How To Avoid Chasing Losses? How To Avoid Chasing Losses? Reviewed by Amar Singh on December 03, 2018 Rating: 5

11 comments:

  1. After study many of the websites for your website now, and I genuinely much like your technique for blogging. I bookmarked it to my bookmark website list and you will be checking back soon. Pls consider my web site likewise and let me know what you consider. dominoqq

    ReplyDelete
  2. I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you post. Dofollow Blog Comments

    ReplyDelete
  3. You may be wondering: Is online sport betting legal? The answer is yes, and it can be done through an online sportsbook. Over the last decade, hundreds of Internet sportsbooks began accepting regular sports wagers from all types of bettors. 토토사이트

    ReplyDelete
  4. Positive site, where did u come up with the information on this posting? I'm pleased I discovered it though, ill be checking back soon to find out what additional posts you include. vape attic olathe

    ReplyDelete
  5. Upon reaching this limit, you should immediately stop playing. Do not chase after your lost money after losing. This might lead to more losses until have no more money left in your bankroll. When you win and have reached your limit, it is also advisable to playing immediately to avoid losing that profits while you still have it. mega888

    ReplyDelete
  6. A Match bonus is the most common type of bonus. For every $ you deposit, you will be credited X% of what you deposited by the casino. ufa365

    ReplyDelete
  7. However, playing casino games in a live casino by just sitting on your computer is a more interesting option. It allows the player to interact with the real world casino environment. A player can also interact with live dealers there. รีวิวเว็บพนัน UFA365

    ReplyDelete
  8. An interesting dialogue is price comment. I feel that it is best to write more on this matter, it may not be a taboo topic however usually individuals are not enough to talk on such topics. To the next. Cheers. CSGO 1000 Hours Accounts

    ReplyDelete
  9. As we have observed in numerous gaming jurisdictions around the country, often casino ventures that have been operating "fat and happy" for a few years, find themselves in a zero-growth period. รีวิวufa365

    ReplyDelete
  10. Play online slots games, deposit, withdraw with an automatic system after completing the PGSLOT membership application. If you want to play slots online for real money should be practiced. Deposit money into the system first playing slots games for real money create excitement And more fun with our slot games. The minimum deposit is only 50 baht. Deposit and withdraw 24 hours a day, fast with PGSLOT. pgdragon.com

    ReplyDelete
  11. However, as numerous lawyers and defenders of reasonable Internet betting laws accentuate, the government law doesn't explicitly address different types of betting. This has left the law not entirely clear with regards to online gambling clubs explicitly and utilizing the World Wide Web to play web based games. บาคาร่าออนไลน์

    ReplyDelete

Powered by Blogger.