
If you are an experienced player you have likely heard hundreds of stories of players getting lucky and striking it huge. Each and every day players from all over the world in both internet casinos and brick and mortar casinos win huge jackpots and are awarded with sums of money that they could have only dreamed of receiving. But all too often we neglect to talk about the other side of this story, the players who lose big. Learning from these players can help you in avoiding making the same mistakes. Below we will go into what it takes to avoid losing big and how to be aware of when your gambling hobby begins to become a bit more than a hobby.
When talking about a player losing large sums of money we have to first define what a large sum of money actually is. For some people it can be only a few hundred dollars, but for others it can be in the thousands and sometimes even millions. Depending on your skill level and the stakes level at which you are playing, a big loss could be as little as $100 or as much as $100,000!
(more…)