Winning isn’t everything in gambling and, but it’s one thing to continue playing while thinking of enjoying and accepting and cutting their losses. The gambler’s fallacy is believing that after repeated defeats, things will turn around, and they can start winning after making a few more bets. When people continue betting even when they’ve already lost a lot of money, they’ll only continue losing more until they run out.
When the gambler has already suffered multiple losses to the point that they sacrifice their budget for other expenses, it’s probably time to stop playing. It’s not fun to run out of money after gambling continuously.
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