How To Handle Losing – Like A Winner:

Losing is inevitable. It happens to some of the best of us, and we don’t always know how to deal with it when it happens, so what can you do to minimize losses moving forward? What steps can you take to resolve the feelings of absolute failure? Below are a few steps that you can take to overcome these challenges and take care of your mental health. 

Learn To Accept Your Losses 

No matter how good you are, there are always going to be games or hands that don’t go in the way that you expect, but the mark of a true gambler is learning to accept this inevitability without taking it personally. When you can accept the inevitability of loss, especially at the moment that you are losing, you can become a better, more responsible player. Take your time to digest a loss and normalise the process of understanding the feelings that come with it. 

Do NOT Chase Your Losses 

It’s almost instinctive to try again if at first, you don’t succeed. But in the case of gambling, it is almost always a bad idea – especially if you have lost quite a lump sum. We encourage you to a break to gather yourself and re-establish soundness of mind. Depending on your interests, you can do a hobby that makes you feel immense joy, or try something completely new like cooking a different recipe, cracking open a new book or watching a new release at the cinema. Fulfilling a desire that you know guarantees success can immediately make you feel good about yourself.

Understand Your Gambling Habits

Aristotle once said that “knowing yourself is the beginning of all wisdom”. Recognise your patterns in gambling, as well as the lifestyle you have built around it. If you have a routine that revolves around playing online casino games, you might want to reassess it. At FatBet, we have a self-exclusion solution for players who opt to take a reassessment sabbatical. How it works is that we block your account for a period of time at your request. During the self-exclusion period, we can return your withdrawable funds. When you’re ready to reactivate your account, you can contact Support and your self-exclusion block will be lifted.

Rethink Your Budget

Now that you’ve properly grasped how your habits affect your mental health, a gambling budget must be established. Create goals for wins, losses, deposits and withdrawals, and do your best to stick to them. These goals are the foundations for building healthier relationships with money, and online casino gambling. Setting up a budget for yourself is a step that you can take as a player to help minimize your losses. Make sure that the budget you have set for yourself coincides with the goals you have set for wins and losses. Your budget should be an amount that you are comfortable with. 

In Conclusion

Always remember to gamble responsibly. It is okay to lose your footing and seek help. Soon enough, you’ll get right back up and keep going. Don’t be so hard on yourself. If you feel that you may be developing a problem or may know of someone who has a problem, contact our Customer Support team to start a Self-Exclusion period. Then immediately thereafter, contact a Responsible Gambling organisation in your area.