In most cases, players will simply shrug off the remorse, or accept their losses and carry on.
Most often though, the most painful losses follow losing streaks.
Yet we do like to buildbetting systems and strategiesthat can accommodate any possible outcome.
They still do not protect you from loss, and you should always keep a realistic outlook.
Losses are part of gambling.
Yet we dont tend to think of our exploits in terms of how much we lost.
Another mistake is to overestimate our chances of winning.
The house always has an edge, it is the way they stay in business.
Theprobability of winningdoes not change just because of what happened in previous rounds.
Also, there is no such thing as a winning or losing streak.
For instance, blackjack or video poker.
For instance, your decision leads to you going bust in Blackjack.
The strategy is built to improve your chances of winning, but it cant win every hand for you.
A decision that directly leads to a loss can build up a sense of remorse.
Such as doubling up our stake and trying to win back whatever we lost.
Betting recklessly with big sums of money can lead topathological gambling.
That is, betting like you have nothing left to lose.
Until you literally have nothing left that you’re able to possibly lose.
First, there is the stage of shock and denial.
it’s possible for you to’t believe that you lost your money, and will not accept the loss.
This can lead to anger.
Why did you lose?
the game must be rigged or something is wrong with the table.
After anger, players can experience regret and guilt.
They question their choices and self-control.
Often, these gamers may also lose their confidence, and make poor decisions during their gaming.
The last emotional stage is that of acceptance or lack of acceptance.
After going through the full cycle, some players feel like they must make changes in their behaviour.
That could mean taking an extended break from gambling or giving it up altogether.
We need to be able to handle these issues when they pop up.
In the same way that we have to manage our emotions after winning big.
The key to curbing your emotional reaction to loss is sticking to a plan.
It also helps players incentivise their gaming sessions.
Another good habit is keeping tabs on how long you are gaming.
Set reality checks to keep an eye on the clock, and take breaks to assess each session.
It is in making a habit of playing recklessly with money you cannot afford to lose.
A lot of gamers who feel heavy remorse will also feelloss aversion.
This is when you feel losses more than your wins.
If you start to feel overwhelmed by emotions when gambling, then you should immediately take a break.
You need time to acknowledge your feelings and evaluate whether these games are really worth your while or not.
you might call a professional counsellor or a gambling helpline to talk about your issues.
And then, they can help you determine how to go forward with your gaming.
The importance of these tools cannot be understated.
As are reality checks, self-assessment tests and gambling addiction awareness programs.
Gambling can be a great source of entertainment, but only in good moderation.
When transferring money into your gaming account, remember the following.
There are no guarantees that you wont lose your money.
You may hit a big win, but you may also eat through your balance without receiving any returns.
Casinos are not financial institutions and should be treated as platforms for gaming purposes.
Play the games for fun, and be prepared for the eventuality of losses as well as wins.
Daniel has been writing about casinos and sports betting since 2021.
