Loss and the inevitable aspect of casino gambling
Losing happens in online gambling, it's common and occurs seventy percent of the time to around one hundred percent of the people. This may sound a like a rotten fruit, but successful gambling does require the presence of both. How, you might ask, well it's because losing can be used to influence winning positions. It can make you smarter, more accurate and instinctive. Despite the moment of upset and the pinnacle of tired emotion, over time, losing can make you a winner.
My story of a loss - a true casino consequence
When you are aware of loss and how to counter its presence, you can resolve to the fortunes of profit. However when you deny its existence, you open yourself to a world of hurt. This is a story of how I denied losing and faced the ultimate penalty, in the days before I became a wise gambler.
It was late June back in 2003 when a friend and I had got together after University and had decided to mess around with some systems. These were applied methods of gambling that could lead to profits in a casino, how wrong was I to assume this at the time.
I had $500.00 from a fund my parents had got together as a sort of flunk graduate prize, I was about to do something very stupid with this money that would alter my way of thinking forever.
We had hit the St Martinez Casino in the early evening, both us having $500.00 a piece and ready to go for a mass fortune. Firstly looking back now, I was never to know at the time, by even entering a casino, I was already the underdog. Something you should be aware of in gambling and something I had failed to realise from the offset.
We hit the roulette table immediately and began gambling on red and black alternate numbers, a routine known as spreading in professional roulette gambling, the problem was, we were not professional gamblers.
I began betting furiously, $10.00 bets here and there, $20.00 in places. It was amazing, I was raking back big money, at one point I had almost $780.00, a profit of almost $300.00.
I had decided to go for a greater amount, my target was a $1000.00, this was my crucial error of the night, my next bet had thrown me clear of $800.00 then a sudden cloud come over head. A force I could not stop despite my efforts. Through experience I now know what a 20 percent fall means, but then, I had no idea what was about to happen.
A downswing occurred at around 10pm, I had lost eight bets on the row, then I had won two, then lost five and so on. I had entered a pit fall that created emotions of anger and desperation, of which both fuelled larger and more aggressive forms of gambling.
I was now down to $200.00 and had a strange idea to recover by hitting the slot machines, I was using successive bets over a time period with furious persistence. I was now in a southern nose dive full on, this term is given to a scenario in gambling of which is beyond recovery.
Eventually I had reached the point of no return $50.00, this amount is ten percent of your initial starting point and brings about emotions that lack morale empathy. At this stage you don't care if you win or lose, you have counted your chips and have accepted defeat. Moments later the money was gone, inside of two and half hours I had wasted $500.00.
Moving forward - like a true professional
I had many stories similar in my early days, days when I believed that gambling was easy and required no more than a bit of money to be successful at, days when I was invincible, or so I thought.
I can now go back and play out over every incident that happened, I can now identify at least ten points of which I could have recovered and at least five more points where I could have walked away with profit. Losing is a great part of gambling, it exists and is as real the earth we walk upon.
Since that moment in my life, that I had accepted losing, I have spent a future learning how to avoid and deal with such a problem. This alone has created more potential and wisdom than I could ever have hoped for.
Think about everything you are doing, because sometimes, losing is winning.
