Lost Money at an Online Casino: What to Do?

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Anyone who has ever visited a casino has dreamed of massive payouts. Be it a land-based casino or a virtual gambling hall, the main thing on your mind is how to make profits. You hardly ever think about losses. In this article, we will give you tips on how to deal with casino losses.

What to Do After Losing: Advice for Players

There are several options on what to do after losing at a casino. You can search more than a dozen gambling forums in search of answers to troubling questions. But there are the same whiny stories of big drains and boasting about cool wins. The former will not help you in any way, and the latter can cause a desire to borrow money in order to win back at least something. Whatever you find on the Internet is not a panacea. Books, psychologists and articles can only make you make the right decision and understand the root of the problem, but the main driving force for change is the player himself. Attention: Here are the tips:

Calm down

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It is important for the player to somehow calm the nerves, calm down, “cool down”. If you constantly philosophize and think about the world after the losses, losing in a casino becomes the norm of life or another bad habit. Yes, losses in a casino are quite normal, and that is precisely why you should accept them.

Talk to friends or psychologists

Man is a social being who needs social contacts, especially in difficult or even tragic life situations. For example, during the war, before the execution, it was psychologically easier for those who did not die alone. It is easier for a drowning person if another drowning person is with him. A bad comparison, but actually it is true. A good idea is to discuss this situation with a professional psychologist.

Analyze Why You Lost

It is not worth not thinking about your losses (we advise against it!). But it is worth calculating your losses again and drawing conclusions. Did you stick to your bankroll? Did you limit your gambling? If not, then it is recommended to start a “cooling off period” and not play in a casino for a while. In no case should you chase your losses. And of course, you should answer the question WHY you exceeded your limit. Such behavior can be a sign of gambling addiction.

Use the Self-Exclusion or Self-Exclusion Option

Sometimes it is simply dangerous to continue playing in a casino after big losses. Online casinos have several options for self-exclusion or self-exclusion. After that, you cannot play in an online casino for a certain period of time. Such a break is something you need after the losses.

Get your money back, if possible

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Have you gambled online at a casino that does not have a German license? Then you are legally entitled to recoup any losses you have incurred. Online game providers who do not have a German gaming license and still offer their services to German-speaking players are committing criminal offenses. That is why you can hire a lawyer and demand your money back from a (virtual) casino.

Conclusion

Thinking about gambling losses in a casino is certainly not pleasant. However, you must always remember that gambling losses are completely normal. That is why you have to deal with it psychologically and not let it get you down. Self-exclusion also makes sense. If you have lost money in a casino that operates illegally in Germany, you even have the right to sue the casino and demand your gambling losses back.


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