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"Many people lose not because of a bad strategy but due to chasing their losses. They lose not only in each individual hand but also in their approach of trying to recover what they've lost by betting more. They often end up putting more and more money in, hoping to recoup their previous losses. This mindset can lead to significant losses for anyone who adopts it.
What I've tried to convey to everyone is that success in gambling doesn't depend on your strategy; it starts with your mindset. Without addressing the mental aspects, no amount of strategy research will be useful. It took me a long time and many detours to realize this profound truth.
I've kept a note that I think Zen Yin, a senior gambler, wrote. He emphasizes that we must address the mental issues first before diving into gambling strategies.
One of the most self-destructive habits we can develop in gambling is chasing losses, refusing to accept defeat, and trying to recover. It often occurs after prolonged battles and continuous setbacks, leading to increasing agitation. I've often seen players going through this, constantly reloading, and it's a habit that can lead gamblers towards their own destruction.
For me, this recklessness and chasing losses came from impulse, and it took me a long time to change these habits. Even now, they occasionally resurface. However, I've started to generate a consistent profit every year, equivalent to a regular salary. The journey to this point involved immense hardships that can't be measured in monetary terms.
One of my recent realizations is that to overcome the habit of chasing losses, reloading, and cleaning out your bankroll, you need to maintain clarity and introspection during the process. This means taking a break every 30 minutes or so to adjust, reflect, and regulate yourself. Otherwise, the excitement can escalate as you continue playing, and it can lead you towards cleaning out your bankroll. The gambling environment is designed to keep you engaged, and when you lose awareness, you become susceptible to its grip. So, self-awareness is key to resisting the allure of chasing losses.
Lately, I've set a timer for my bankroll sessions, approximately 25 minutes per session. I've limited myself to this timeframe, and I can't extend it. An adult's attention span is typically around 1 hour, so this timeframe allows me to maintain a clear head and exit when in the best state possible. After about 3-4 sessions, it becomes more dangerous. If I'm not winning or if I'm experiencing small losses, I appreciate that it's time to leave and find another opportunity to play.
People who can implement stop-loss measures and leave the casino voluntarily without harming themselves don't achieve it solely through their willpower. This ability comes after numerous experiences of hitting rock bottom and feeling like a wounded dog. Only after experiencing this can they change. Achieving stop-loss without damaging your spirits is the path to becoming unbeatable in the casino." |
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