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Coping, therapiers, tips... : Tend to overbet after multiple loses!

Topic created on 27th Jul. 2023 | Page: 1 of 1 | Answers: 5 | Views: 1,049
chongjasmine
Visitor
I have this gambling problem. Sometimes, after I lose for many rounds, I tend to up my stake, hoping to recover what I lose.
But that only ends up in more loses for me.

For instance, I bet $10 and loses 5 round.
Then, I bet 50, hoping to recover my lose.
Still, I lose, I then bet 100.
And I lose and I only intend to bet 10 per round, regardless of win/loss, but I find myself giving into my emotions sometimes and overbet after multiple loses, hoping to recoup my money.

How to overcome this problem?
Rainmann
Elite
By learning to cope with losses or by giving up gambling altogether

This post has been translated automatically

HuKu_Koln
Rookie

chongjasmine wrote on 07/27/2023 at 6:20 pm: I have a problem with gambling. Sometimes when I've lost a lot of rounds, I tend to increase my bet in hopes of recouping the loss.
But that only leads to me losing more.

For example, I bet $10 and lose 5 rounds.
Then I bet 50, hoping to recoup my loss.
I still lose, so I bet 100.
And I lose, intending to bet only 10 per round whether I win or lose, but sometimes I catch myself giving in to my feelings and betting too much after several losses, hoping to get my money back.

How can I overcome this problem?

Hey,

what you describe is called "loss aversion" in psychology - the phenomenon that people value losses more than wins. So this is not your individual problem per se, but completely normal.

The problematic aspect is probably rather that you have an incipient loss of control in gambling, which is reinforced by loss aversion. Important first steps can be:

  • set yourself limits, both in time and in the amount of stakes, and stick to them consistently.

  • 1-2% of net income as a monthly budget is generally considered unproblematic gambling
  • Accept losses. Any form of gambling is mathematically designed for long-term gambling to result in a loss. The mistaken belief that you can make or get money back from gambling quickly leads to problem gambling

  • Open yourself up to a trusted person who can listen to you and possibly provide you with support. A person you can contact in case of emerging addiction pressure.

  • Last but not least, I recommend that you seek a personal consultation at a (gambling) addiction counseling center near you. There, your gambling behavior can be discussed more intensively. Better one time too much, than one time too little.



I hope you can already do something with the information.

On spielfrei.assisto.online you can also book a Live Chat if that is more likely to be the first step for you.

Kind regards

This post has been translated automatically

Falko
Icon
FachstelleGSSkoeln wrote on 03.08.2023 at 10:10 am:

Hey,

what you describe is called "loss aversion" in psychology - the phenomenon that people value losses more than wins. So this is perse not your individual problem, but perfectly normal.

The problematic aspect is probably rather that you have an incipient loss of control in gambling, which is reinforced by loss aversion. Important first steps can be:

  • set yourself limits, both in time and in the amount of stakes, and stick to them consistently.

  • 1-2% of net income as a monthly budget is generally considered unproblematic gambling
  • Accept losses. Any form of gambling is mathematically designed for long-term gambling to result in a loss. The mistaken belief that you can make or get money back from gambling quickly leads to problem gambling

  • Open yourself up to a trusted person who can listen to you and possibly provide you with support. A person you can contact in case of emerging addiction pressure.

  • Last but not least, I recommend that you seek a personal consultation at a (gambling) addiction counseling center near you. There, your gambling behavior can be discussed more intensively. Better one time too much, than one time too little.



I hope you can already do something with the information.

On spielfrei.assisto.online you can also book a Live Chat if that is more likely to be the first step for you.

Kind regards

Since she lives in Singapore, she can't even go to a counseling center there and tell about her problems in Online Casinos ? Gambling in online casinos is strictly forbidden there and is severely punished if you are caught. I had looked at this a few days ago in the Inet the legal situation of Singapore, when chongjasmine has registered here and has written about her addiction problems ge .

Starter

This post has been translated automatically

Donnie
Elite
Falko wrote on 03.08.2023 at 16:06:
Since she lives in Singapore, she can't even go to a counseling center there and tell about her problems in Online Casinos ? Gambling in online casinos is strictly forbidden there and is severely punished if caught. I had looked at this a few days ago in the Inet the legal situation of Singapore, when chongjasmine has registered here and has written about her addiction problems ge .

Starter

I mean also for drugs one lands there for years in the jail or gets immediately the death penalty. Probably everything that has to do with addiction is punished severely. They must be overjoyed there sein🤦‍♂️

This post has been translated automatically

T0uchTheSky
Elite
This behavior is called Gambling addiction, many Asians are like that, as small children they already start playing card games for money. I used to do that too, but fortunately I didn't become like my uncle, because I can control my gambling behavior. If I win a little, I pay out, and if I lose a little, I don't have the urge to get the loss back.

This post has been translated automatically

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