Title: What to do if you have lost money on bets
Description: Gambling and adventurism are two qualities that can lead any person to two polar outcomes. They can either be the cause of tremendous success or catastrophic failure. While in the first case, no one questions what to do next, in the second case, assistance and helpful advice are necessary.

Earlier, we wrote an article about how to deal with bad luck in <a href="https://www.trendsnow.net/">betting</a>, which has become quite popular. Some readers started writing that our match analysis tips could make players lose even more money. Indeed, we agree that if you have problems with gambling, it's better to stop and quit playing. However, our article was aimed at people who don't have such a problem. But the issue of gambling addiction is quite relevant in our time. Therefore, we suggest familiarizing yourself with the advice on what to do if you have lost a lot of money on bets.

In such a situation, a person who has lost a significant amount of money on bets often finds themselves. People's attitudes toward gamblers may vary, but it is worth acknowledging that these individuals require help. This is because gambling addiction, or ludomania, is a genuine illness. It is a pathological gambling dependency that is almost impossible to overcome alone.

Stages of ludomania development
Before answering the question of what to do if you have lost money on bets, it is necessary to understand the stages of ludomania development. Roughly, four stages can be distinguished:

Winning. Typically, the development of gambling addiction is triggered by a taste for easy money. Moreover, to become a compulsive gambler, it is not necessary to win large amounts of money. The person gradually immerses themselves in the game and starts spending more time and money on it. At this stage, the connection with reality is not yet entirely lost. Gambling addiction can be defeated by redirecting one's energy into completely different endeavors.

Losing. This is a turning point in gambling addiction. Due to failures, the gambler's urge to place bets only increases. After losing all their available money, the ludomaniac starts seeking funds by any means possible. They take out bank loans, turn to microfinance organizations, borrow money from relatives, pawn valuables, and so on. With the obtained money, they start placing bets in the hope of recouping their previous losses. In this situation, the connection with reality is lost. Therefore, at this stage, the gambler already needs help.

Recklessness. At this stage, the gambler's life falls apart. They sever ties with their family and society. People suffering from ludomania simply erase any moral and ethical norms. This means that the gambler is willing to commit even crimes to obtain the necessary amount of money. This is the most complex stage of gambling addiction development, requiring a comprehensive approach and support from loved ones.

Hopelessness. If the gambler did not receive help in the previous stages of their addiction, their personality is completely destroyed. Only the game remains in their life. Moreover, they no longer derive the same satisfaction from placing bets. The problem is compounded by the emergence of depression, sleep disorders, neuroses, and even suicidal thoughts. The problem can be even more hopeless if the person develops other addictions, such as alcohol or drugs, alongside gambling.

What to do if you have lost a lot of money
Answering the question of what to do when you have lost a lot of money, it is essential to focus on several pieces of advice that will help break the vicious cycle at the very least. Specifically, people suffering from gambling addiction and having lost a significant amount of money need to:

- Stop attempting to recoup losses.
- Tell their loved ones the whole truth.
- Seek treatment for gambling addiction.
- Avoid falling into despair.

Ceasing attempts to recoup losses
The first thing to do when losing a large amount of money on bets is to stop trying to recoup the losses. In such a situation, the vast majority of players mistakenly believe that they will definitely get lucky this time. They transition from the second stage of ludomania (loss) to the third stage (recklessness). In this state, it is impossible to place bets with a clear mind. The player only wants one thing - to quickly recover their money. Therefore, they start betting on anything and everything - table tennis, snooker, Gaelic football, and so on. The ludoman may not even understand the intricacies of the sport, but their desire to recover as quickly as possible outweighs common sense.

Close ones should know about the problem
When answering the question of what to do if you lose money on bets, it is important to emphasize the importance of support from loved ones. Yes, most likely, upon learning the truth, the spouse, parents, and other relatives will reproach and condemn the ludoman. But after the emotions subside, they will definitely help the person get out of this "pit".

The assistance of family is important for two reasons. Firstly, rational thinking is crucial in this situation, which is lacking in ludomans. Secondly, any problem is easier to solve together. It is important to emphasize that the ludoman must realize the essence of the problem and understand that they are the cause of the situation that has arisen. Only by recognizing the problem can it be resolved.


1. <a href="www.espn.com">ESPN: </a>  - One of the most popular sports news platforms, offering a wide range of information on various sports, including the latest news, scores, statistics, and more.

2. <a href="www.bbc.co.uk/sport">BBC Sport:</a>  - The sports section of the British Broadcasting Corporation (BBC), providing useful news, interviews, reviews, and statistics on various sports.

3. <a href="www.si.com">Sports Illustrated:</a>  - An influential sports magazine that also offers its news, articles, photos, and videos on various competitions and sporting events.

4. <a href="www.fifa.com">FIFA:</a>  - The official website of the International Federation of Association Football (FIFA), where you can find the latest football news, information about tournaments, team rankings, and more.

5. <a href="www.nba.com">NBA:</a> - The official website of the National Basketball Association (NBA), featuring news, game highlights, player profiles, and other basketball-related content.

6. <a href="www.nfl.com">NFL:</a>  - The official website of the National Football League (NFL), providing news, game schedules, player statistics, and other football-related information.

7. <a href="www.olympics.com">Olympics:</a>  - The official website of the Olympic Games, offering news, athlete profiles, event schedules, and historical information about the Olympic movement.


Treatment for gambling addiction
A ludoman only contemplates their problem after losing all their money. It is only in this case that a person realizes they suffer from an addiction. If the ludoman is left alone with their problem, they will continue to seek ways to obtain money in order to place bets again. However, if they have shared their problem with their loved ones, they should ensure qualified treatment. In 95% of cases, it is impossible to overcome ludomania without treatment.