This proposal can be a good research topic as a thesis for university students.
Compulsive gambling is an addiction problem very much like alcoholism. If you think you may be suffering from compulsive gambling, you are advised to seek professional help.
Fev, gambling is gambling whether its horses or poker. Gamblers biggest problem is chasing your loses, this happens with poker. — Dazza (@Dazza5173) March 10, 2011. Instead, we are referring to the person that is digging into their wallet for the fourth or fifth buy-in or are walking to the ATM to get more cash because 'they're due to hit.'. Now develop the discipline to forget about chasing losses. Your bankroll will notice the difference. May all your wins be swift and large and all your losses slow and small. Jerry 'Stickman' is an expert in craps, blackjack and video poker and advantage slot machine play. He is the author of 'Everything Casino Poker.'
- The dog is a chaser – a loser. Playing poker, there are lots of chasers; and they usually lose most, if not all, of their chips before the evening is over, no matter the game or the stakes. Even more so if there is a cost to play, as is the case in cardrooms and casinos all over the world. What is a 'chaser' in hold'em poker?
- Why Chasing Losses is Bad News Trading incomplete setups or with a higher and higher part of your trade account, may ruin you even with a wonderful system, without a better chance of winning. Taking more, but lower quality trades may worsen your problem, since your ITM percentage also will be lower, so variance will grow and thus your possible.
Understanding the psychodynamic theory of compulsive gambling can help you quit gambling. As service providers, psychiatrists, counsellors, therapists, can use their understanding of the psychodynamic theory of compulsive gambling to get you out of gambling.
Careful study of gamblers show a predictable pattern in the evolution of a compulsive gambler.
Gambling Authorities claim that it is not possible to predict with certainty who will become compulsive gambler. This is true only to a certain sector of the population. However, it is possible to predict who are likely to become compulsive gamblers based on personality types and gender. Certain personalities are more prone to become compulsive gamblers. For men, the initial triggers are usually those who love action and think that they are smarter than an average bettor. For women, it is a little different. Their initial motivation is often an escape phenomenon.
Men with 'action' personality are more prone to get hooked into gambling and become compulsive gamblers. The reason is action gamblers who are attracted to the excitement and 'action' of gambling may initially be quite successful. They have fantasies of further success and of gambling becoming their personal road to wealth and power. Those who are headed for problems think that they are smarter than the average bettor. They know that gambling is going to work for them because they, unlike less clever people, really understand how to beat the system. Their initial success further reinforced their belief system.
As they commit more and more in gambling, they continue to derive an increasing portion of their self-esteem from seeing themselves as smart or lucky. Because of this, two things happen when they do incur the inevitable losses. First, they suffer monetary loss. Second, and more importantly, they suffer a deflated ego. Further, the casino will reward them with gifts to inflate their deflated ego and at the same time make them feel like a winner. The idea is to perpectuate their gambling activity.
Gambling in topeka ks. To salvage their self-esteem, they rationalize losses by blaming other people or situations. They blame the jockey, the weather, the interruptions by friends and family members, the counter-measures by casinos and the 'bad luck' in cards, craps or lotteries. In other situations especially in sports gambling, they reflect on their handicapping abilities and tell themselves that they will not make the same 'mistake' again.
The monetary loss is another matter, however, and this is dealt with differently. In order to recoup the loss, many gamblers 'chase.' That is, they continue their betting and increase the amount of their bets in order to get even. Instead of saying, 'It's lost,' the chaser says, 'I'll get even tomorrow.' Chasing losses leads the gambler to gamble with more than he or she can afford to lose, and often to borrowing money in an effort to get even.
Many gamblers may chase for short periods, until they learn from bitter experience that this is counter-productive. Pathological gambling is defined by the long-term pre-occupation with chasing losses.
Chasing seems logical to many gamblers especially those who are 'brave, courageous and smart', as it means giving oneself a chance to get even. If a gambler stops chasing, both money and self-esteem are lost. If the gambler continues chasing and wins, both can be regained. There is, therefore, the motivation to borrow in order to recoup losses. When continued gambling leads to still more losses, the compulsive gamblers continue to borrow. The more money borrowed, the greater the commitment to more gambling as the only possible means of gaining enough money to pay off the debt.
This spiraling commitment to increased gambling often depletes family resources. Many compulsive gamblers cash in joint savings, bonds, empty checking accounts, pawn joint property, and take out loans without the spouse's knowledge. In order to preserve or regain respectability in the eyes of parents, spouse, friends and work colleagues, and also partly because their paychecks are insufficient, desperate gamblers see more gambling as the only alternative.
Video Poker Chasing Losses
Fearing loss of respectability, the gambler takes secret loans. When gamblers default on the loans, the fear that the bank or loan company will inform their spouse may drive them to more gambling as a possible quick fix. The behaviour that caused the problem is increasingly seen by the gambler as the only way out, as there is no other solution to get the needed money quickly.
Once the loans are due and there is constant pressure to pay, sometimes involving threats of exposure or of physical harm from loan sharks or bookies, desperate gamblers weigh the risks of embezzling money from their employer, making fraudulent loan applications or insurance claims, or stealing the money. They rationalize their intentions as 'borrowed' money or other 'borrowed' items even though they are done fraudulently.
As they succumb to this temptation, the threshold to an even greater commitment to gambling has been crossed. This is especially true if they obtain money by loan fraud or embezzlement. These kinds of crimes enable gamblers to rationalize that they are not really criminals. The money is only 'borrowed' so no one is being hurt. However, the pressure to repay the money is becoming more insistant, and counting on a big gambling win is seen as their only hope. This extends the vicious cycle from more gambling to more and more illegal activities until the vicious cycle resolve itself in one of the three ways.
Firstly, the gambler may be caught. Secondly, the gambler may seek professional help, or thridly, the gambler really hit the big win. There are many examples. One of them is the case of a Singaporean accountant who embezzles close to a hundred million. He is now serving his sentence in jail.
The twin evils of 'action' and 'chasing losses' is really an angel in disguise. Falling in love with the 'action' and then chasing losses is the starting point for most men who become compulsive gamblers, but as mentioned earlier many women take a different route. While women also enjoy the 'action' and chase losses, their initial motivation is often escape. They turn to gambling to escape from memories of unhappy childhood, parental abuse or even as a jilted lover. Other triggers include escape from troubled husbands and escape from loneliness. Once they become hooked on gambling, women follow the same vicious cycle of increasing commitment as men, often leading to criminal activities.
You can see that actions and chasing losses turn out to be big losers for the gamblers and big winners for the casinos. Matrix casino address. These twin evils are the two most powerful weapons of the casinos. They are the causes of pathological gamblers just like microbes and germs are the causes of infectious diseases.
Whether you are a recreational gambler or a professional gambler, you should study your 'action' and 'chasing losses' in great detail and use them in gambling at high standards appropriate to your gambling plan. Responsible gambling requires gamblers to be able to handle 'action' and 'chasing losses' at their level of play. Many of these methods are already covered in the gamblinghelp.biz blog as well as in the apropriate category of the free gambling courses.
KEYPOINTS
1. Actions and chasing losses are the two most powerful weapons of the casinos.
2. Actions and chasing losses are the primary causes of compulsive gambling.
3. Ability to handle actions and chasing losses is the answer to responsible gambling.
4. Understanding the pathogenesis of compulsive gambling can help you quit gambling.
So much of how well you play is determined by external conditions. The best way to protect yourself against tilt and mental game failings is to avoid putting yourself in a position where you are particularly vulnerable to these problems. The four best mental states to adopt just before logging some hands are: energised; inspired; focussed; and calm.
Here are some of the bad reasons for which people play sessions. They are almost always conducive to the very opposite of those four mental states. The following reasons to play poker lead to lethargic; bored; unfocussed; and emotional play.
Wanting to Unwind/Relax
When you've had a tough day at work or are exhausted from a social activity or sport, the last thing you should be doing is playing poker. If you are serious about the game and want to perform near to the best of your ability each time you log on to play, then it is vital to give yourself a recovery period between exertion and playing a session. Ask yourself how quickly your mind is processing things and how alert you feel before opening up the tables.
Putting in volume while stressed from work will mean that you are functioning with an already depleted tank of willpower. This leaves you more susceptible to succumbing to emotional interference if things don't go as planned. Worse still, things are unlikely to go well when you feel worn out because you are making less optimal decisions than normal. Why enter into a poker situation where you will likely struggle to cope with adversity?
So much of how well you play is determined by external conditions. The best way to protect yourself against tilt and mental game failings is to avoid putting yourself in a position where you are particularly vulnerable to these problems. The four best mental states to adopt just before logging some hands are: energised; inspired; focussed; and calm.
Here are some of the bad reasons for which people play sessions. They are almost always conducive to the very opposite of those four mental states. The following reasons to play poker lead to lethargic; bored; unfocussed; and emotional play.
Wanting to Unwind/Relax
When you've had a tough day at work or are exhausted from a social activity or sport, the last thing you should be doing is playing poker. If you are serious about the game and want to perform near to the best of your ability each time you log on to play, then it is vital to give yourself a recovery period between exertion and playing a session. Ask yourself how quickly your mind is processing things and how alert you feel before opening up the tables.
Putting in volume while stressed from work will mean that you are functioning with an already depleted tank of willpower. This leaves you more susceptible to succumbing to emotional interference if things don't go as planned. Worse still, things are unlikely to go well when you feel worn out because you are making less optimal decisions than normal. Why enter into a poker situation where you will likely struggle to cope with adversity?
Because your Schedule Says So
Gambling Chasing Losses
Most of you reading this have probably been guilty at one point in time of setting unrealistic poker goals. Maybe you made a resolution on New Year to play X hands per month and ended up abandoning it by February. Maybe you have a bonus to clear or a loyalty level to strive for by the end of the month and put in bad quality, tired volume to reach it. Maybe reaching that target cost you more money than it made you!
Forcing volume when you don't feel like it is another way to end up playing bored, unfocussed, and possibly emotionally volatile poker.
Implementing a pre-game warm up is one possible remedy to a lack of enthusiasm. I personally try to use training software for 10-15 minutes before playing. It warms up the mental muscles and creates a curiosity that really helps you stay focussed. In fact, having a deep curiosity about the strategy of the game has always helped to keep me concentrating.
If you're really struggling to get into the mood to play though, it's best to do something else for a while and try again later. Forced volume will usually be your lowest quality volume and that ruins win-rates over the long-term.
Because You're Under the Influence of Alcohol
Getting home at 2am after a few too many whiskeys and firing up the PokerStars client is not a crime I can personally deny. You might feel like you're playing well when your judgment is distorted but the chances are that you're performing way below your maximum ability. While one or two drinks can help relax you and boost your confidence in a clear-headed way, playing when moderately or highly intoxicated is a recipe for disaster. It might be fun to throw some chips around after a night of drinking with friends, but it's better to do that in a fun home game environment for lower stakes, instead of sabotaging your online poker career.
To Chase Losses
When things have been going badly, many players extend their session length or play on days when they would normally take a break from poker. The desperation that accompanies the feeling of chasing losses virtually guarantees that you will play far below your maximum ability. If we look closer though, we can see that the idea of chasing recent losses is purely an illusion.
Think about it. What is the difference between the $500 you lost yesterday and the $500 you lost two years ago? Nothing – they are both $500. Do you go around chasing that bad session you played on the 7th April 2017? Of course not.
The difference is purely emotional. The human tendency to obsess about recent losses only exists because they are still making this negative impression in your conscious mind. Your attitude towards losing is the problem – not the losing itself. The session from 2017 doesn't bother you because you made peace with it long ago. Now you need to do the same with yesterday's session. That money is gone now. In a sense, it was never truly yours any way as winnings are as temporary as losses in poker. The natural swings of the game have nothing to do with your long-term expectation so adopt more of an ‘easy come, easy go' attitude to the game wherever possible. It is okay to prefer winning to losing, but it is how strongly you prefer it that determines your ability to handle downswings.
Do not play poker when the loss of a previous hour or day feels intolerable. Play poker only when you have mostly recovered from its sting.
Conclusion
You might encounter some other bad reasons for firing up the tables. All of them will create a bored; unfocussed; emotional; or lethargic experience. Another key skill is identifying when one of these mental states has come into being during a session. The best thing to do is to take a break under those circumstances.
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