Submitted by Pennie Yocum
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Surviving a losing streak is one of the most difficult situations any gambler can experience and hopefully overcome. The biggest problem with any losing streak is the gambler does not know when it will end, but knows that it will end. Losing streaks take a toll on the gamblers stake and also on their confidence. It is this double dose of negativity that makes a losing streak so hard to deal with.
Surviving A Losing Streak
One way to survive is to just stop playing for a while. This will work, but if gambling is a major part of your life, this is hard to do. Another element of play should be immediately put into play. Cut back on the size of your bets and the number of bets you make. Do not make the most serious mistake a gambler caught up in this situation can do and make larger wagers in hopes of getting even sooner. This is a death play when drowning in a losing streak. Cut back your play is the correct move in these circumstances. If you are a parlay player consider making smaller parlays or none at all for a period of time. Consider playing fewer days a week or month. Consider playing a different game or level of a game. Change what you are doing, but remember cut back is the operative words of strategy. The run of bad luck is coming to an end when you make a needed river card or hit a series of place bets on a dice table. Hands that have been losing at black jack suddenly start holding up or the dealer breaks on hands that previously were killing you. When the streak ends, the run of wins can be remarkable and being ready to take advantage of this turn for the best is the difference between an experience gambler and a novice. This where staying on an even keel as to confidence comes into play.
Gambling cycles like all components in life. Losing sessions can follow winning gaming sessions. No trend will stay in play forever, however the losing streaks are a part of gambling and must be addressed by each player. It will happen to each player. How it is dealt with will determine how seriously the affect is on the gambler. Knowing what to do and doing it is the answer to this negative side of gambling.
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