Gamblers dont cope with their losses. They just gamble again hoping to win it back. The only way to cope with your losses is by quitting gambling and turning to recovery. 1 point 2 years ago edited 2 years ago /u/throwawaycjk was it bustabit?
Spending too much time on gambling activities can also cause job loss, relationship and legal problems, mental health problems such as depression and anxiety, as well as suicide. Myth: Dealing with a gambling problem is nothing but a case of being weak-willed, unintelligent, or irresponsible. Gambling addiction is brutal and highly destructive. It can lead to dire consequences that run the gamut from bankruptcy, job loss, depression, anxiety, loss of friends and family, and even suicide. What helps players accept losses is when they don’t lose all of their money gambling. This is because they manage their bankroll effectively. If you lose your set budget, it’s a sign that luck in not on your side. There are too many gambling loss stories from players that try to recover from a big gambling loss and fail.
And now, let’s continue with the obvious question: How to recover lost money from casino? Is this possible? Can you still take something back for lost money at casino?
The short answer is no. And you already know this: No casino (or online casino) will refund your money just because you lost. Remember that these are called “games of chance” for a reason. The operators do not guarantee any winnings and you cannot take your losses back. Do you go to the betting booth after losing a sports bet and ask for your money back? It is the same principle: Lost money online casino (or land-based casino) won’t be refunded, period.
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How To Cope With Gambling Losses
There is only one scenario in which the answer to how to recover lost money in casino question is yes: Fraud. If your account is hacked and a third party used your balance to play games, then yes, the casino may choose to refund your losses. However:
- This is not mandatory. The casino may not choose to refund your losses even if you can prove that your account is hacked.
- Proving a hack is harder than you think. The majority of players who lost try to use this excuse, and we do not know even a single case where the casino accepted a hack really happened.
So, while possible in theory, it is near impossible to recover your lost money at a casino because of a hack. However, we have a suggestion for you: If you play at online casinos, you can win back a certain percentage of all your losses automatically. This is called a “casino cashback bonus”: By using it, you can save some of your losses at all games. For example, there are online casinos out there that refund 25% of all losses every week. Yes, it is not the solution you want, but it is still an option. More importantly, this is the only legal way of getting a refund, so we advise you to benefit from this promotion.
When it comes to playing casino games, there is one golden rule: you win some, you lose some. No one is immune to gambling losses and the amount you lose depends mainly on your playing style. Each loss, no matter how large it may be, can demotivate the player. If you have recently experienced a significant gambling loss, stay with us to learn how to cope with it and recover as soon as possible.
Stop Chasing Your Losses
One of the biggest mistakes gamblers make is chasing losses. If you are on a losing streak, that’s the last thing you should do. Whether you are a penny punter or a high-roller, trying to recover your loss immediately after you have experienced it will do you no good. Class 2 games. Instead of trying to get back the money you have lost, a better option would be to take a break. Quit playing casino games immediately and find another form of entertainment. Try to combat negative thinking and find an activity that will distract you from thinking about the loss. Make sure that the break lasts as long as you need to get over the incident.
How To Cope With Gambling Losses
Set Your Budget and Limits
Losing the money you couldn’t afford only worsens the overall situation. If this has happened to you, consider it as a red flag you need to pay attention to. We are aware of the fact that one can easily get swept away when playing favourite casino games. Still, overspending can be detrimental to your budget. That’s why it is of the utmost importance to set your bankroll as well as win and loss limits and stick to them. Keep in mind that proper money management is the key to success.
Reconsider Your Gambling Habits
Once you have accepted your loss and set your new bankroll, you need to reconsider your habits regarding gambling. You may study the games you have played and you have lost most of your money at. If you like to play high volatility slots, maybe you should consider playing those of medium or low variance. Or, you can go for skill-based table games where proper strategies can help you beat the house. Consider learning to play the games based on skill as they provide you with higher odds of winning when played according to basic strategies.
Also, think about how much time and money you have spent while playing casino games. You may find out that you have played longer than you have planned to or you have wagered more than you could afford. Moderation and self-discipline can help you take control of your gambling habits and turn your favourite pastime activity into a source of entertainment instead of worries.
Signs of Problem Gambling
If you have realised that you have gambled all your money away compulsively, you may have a gambling problem. The first thing you should do about it is to confess it to yourself. That may not be the easiest thing to do, but once you do, you can tackle your problem. The good news is that there are organisations that can help you deal with it. Don’t hesitate to turn to them and ask for assistance.
Explore all the options and take action as soon as possible. Once you find the organisation you like, sign up with it and put maximum effort into combating the problem you have. If you think you cannot deal with an urge to play casino games, use the self-exclusion program until you feel you can handle the problem and enjoy online gambling again.
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