Bitcoin Forum

1.Suppose you lose parley by 1 match
2.Suppose you earn little little Bitcoins by betting and make somehow 1 Bitcoin then lose it at just 1 match.
what will you do then try to recover your loss or just forget about it?

I will never bet too high even i win 1 bitcoin by betting small amount. If you do like that it shows you are completely addictated to gambling. As all gambling site says bet only what you offord to loss.

i said about sports betting not gambling on dice sites

1- well losing a parlay especially with crazy odds by losing only one game is really sucks , for sure I will feel bad but then you should realize that you did good by losing a parlay by only one match , that means you are really close and you can smash another even in the next time
2- I'm not sure of that , cause you shouldn't bet what you can't afford to lose , so losing one bitcoin when you have 100 shouldn't mean anything cause you still have 99% of your bankroll available , while busting 1BTC while you have only 2 for example is really wrong

i did lose parley by one match in the past and it makes me feel sad same like others not because i lost my bet but because i just that bet on which the odds were high and just because of that single match.
i never bet more then 0.02 btc per bet on sports and people should remember not to bet high if they can't just afford to lose and should only gamble for fun because gambling can be a problem in the long run.

ive lost so many parlays by 1 match it will drive you nuts. best thing to do is move on and do better homework for your next bet. those linemakers are pretty good at getting the lines close.

I can feel you pain when we lost any parlay bet just by 1 match even it seems most strong team of the event that thing happened so many times to me,  >:( i have set my goal to place bet on any match i go with 1/10 of whole bankroll never at once all amount at any match because it is much hard to recover. :(

1: losing parlay with decent odd just by one match is really bad feelings and that happened to me very few because mostly i placed single bet.
2: I never go bigger than 0.03 on any match even i am sure 100% of win of any team.

If you addicted to bet parlay match, that moment is normal and can come everyday, so what you must do? Try again to bet parlay match and get big odds than last parlay bet.

Sorry to hear that bro

I'd just forget about it. It's a hard decision to make I know, but be strong. Many people (including me) lost trying to recover, so IMO bet for recover is a bad idea. Bet if you just want to play and then you may win, if you want make some money or you want to recover which is even worse, you'll lose most likely.

Thats from my experience, make your own decision of course.

It's happened, just need to take it on the chin and move on.  If you gamble you always face the possibility of losing no matter how good the odds are, you'll feel bad but what choice do you have but to move forward.

1. Chance - it's gambling. Happens to me on a daily basis.
2. Stupidity - and very poor bank management. I will feel pretty bad, but not because of the loss, and because of my stupidity to bet this hard earned bitcoin with small bets on only one game...

And trying to recover your losses fast, without a real bank management - the fastest way to Hell and AA/AG :)

These situations are sad for sure. This is part of gambling and you can`t avoid it. When you stick with rule to bet just with maximum 10% of your payroll then it will not hurt too much.

Before I start gamble , I'm ready to lose since I'm aware and understand the risk of gambling.

Feeling hurt and regret ?
Ofcourse Yes , but if I keep thinking about it ...I will make myself more stress.
Life goes on and keep foward so let this will be my experience to prevent this happen again on the future.

1.) Feel a bit pissed off & unlucky but that's gambling, you have to accept it, it's happened to me about 4 times this season already.

2.) I wouldn't allow myself to build up a pot of bitcoins from successful wins & then blow it all on one match. I don't gamble like that.

1. It is okay. Sometimes I win, sometimes I lose. If the odds of my other winning legs are big enough, I could possibly even win the "Parlay Jackpot" on nitrogen.
2. I would never make an all in bet in sports, so it would not happen on me. But assuming it does happen on me, I would accept it and reflect on why I got carried away to make the all in bet in the first place.

1st condition: Yes it happened to me tonight, I lost a bet by one goal and the team missed lots of games.
Also it happened before by one goal, (penalty missed on that match).
I don't give a damn f* about my lost, I don't try to recover...

Number 1 is okay..but for number 2..i will not risking all of my bitcoin in just 1 bet..

better save some bitcoin for next bet...have risk management is very important..more bet you have more chance you will get profit..

1. For me it's normally i get lose 1 match in my parlay that happen many times during i played in sport betting
2. And if i have make parlay with little amount and big odds target to get 1 BTC and then that parlay i have make lose 1 match i will feel angry and i want to broke something in front of me also scream out loud :D

First of all, I wouldn't bet 1 Bitcoin on a Parlay, I don't think I'd even bet that much on a single Match even if I am 99% sure that the a team/player is going to win because sports even though looks as if it is easy to predict but unexpected events do happen and even the best of the players/teams have bad days where they just can't perform and lose to a not so worthy side.

I have lost several parlays like that, losing just one match but I don't chase losses because I only bet what I can afford to lose. And usually I just bet on single Matches now.

I choose number 2. But if you want to bet 1 btc, try with low odds like 1.2x or 1.5x That is max odds that usually I do. Or you can try recover it slowly, it will do too. Sport betting is hard to predict sometimes, with top ranked team they can also lose in one game so you just need to becareful when you place a bet

I recommend number 2 but it depends on your balance too, if you have still some more left may be you can try to recover it, if you do not have anymore left you can just forget it, that is only 1btc right? Not that much either except there is 10btc

If I lose Because of gambling, then I will take her to lessons and wisdom do not gamble anymore ..
But to eliminate gambling addiction was quite difficult, because when we have money then there was an opportunity also arises .. I think it was human

If you think normal person perspective, they may think to recover that money from same gambling way but I feel that is not a good thinking because they are in a frustration after losing money so if they continue again gambling they may lose again so it is better to take a rest for some time and think what you want to do then one may get correct answer instead taking decision instantly.

Gambling is gambling. You cannot think about the losses. Just move on n try again

i would just say, start all over again. since u prove to yourself that u can make the 1 btc previously, now with more better experience. you sure can earn back that 1btc even easier. keep it up and try again!

I will tell you simple truth: If you are poor enough to cry about 1 btc lost while gambling, why do you even gamble with high rolls?
Play only with the money you can afford to lose, then your mind will be at ease, and you will think more clearly during next bet.
Cold calculation is your best friend while gambling, don't forget that.

I went through these situation quite few times my first thought were why I played after raising some decent amount and said to myself you were deserving to happen this to you for your greed.I tried to recover few times and sometimes succeeded and other times lost even more in this try.

You sure about that? Sports betting is still gambling, even if you have some more information available with which to make your bet. So, how can anyone prove to themselves that they can make 1 btc only because they previously got there?

I also had into that situation recently into Euro 2016 qualifying round when the world champion Germany lost his match against Ireland and it ruined my parlay with this lose, i never put all money at once on any match.

This is normal to loose parlay by one or two matches.I didn't feel anything when my bet looses by this difference.I just keep playing and other times I not only recover my losses but also make some profit too.As for bet of 1 Bitcoin I don't play that much in sports betting so i don't know what to say about this situation.

Yes that is true in gambling we are so many times into situation like that when we lost parlay by one match so that is normal in betting, i also agree with you never try to recover your lose with double amount.

1. Well that can happen anytime, so although it's hard, we should just forget about it and keep going.

2. To try to recover is a terrible idea, it might just snow ball and leave you with a big loss.
I think the best approach would be to get a good bankroll management strategy so it would not happen again. Lose all your profit in 1 match is just poor bankroll management.

Step by step, dont ever bet in everything u have. I wouldnt do it, so i dont recomend it to no one. I get nervouse everytime i lose, but i never lost 1 btc at once its too much for me, i`m playing with much less amount.

This is hard to explain the feeling when I loose a parlay of 5 or more matches because of one match.first feeling comes if I would not have added this team now I was enjoying winning.Immediately after loosing few moments are hard but as regular player move ahead to next bet and forget the previous loss.I also lost big amounts too but I am cool minded don't attempt to recover quickly.

Isn't that the way of thinking of the typical gambling addict?


"try again" until what point? Until you'll lose everything you have and then borrow some and "try again" until you have the debt that you can't pay?

When you are loosing you can't take good decision in this situation better take a break and don't try to recover your losses.I many time lost bets by one match but this is gamble.I don't place high bets on parlay as odds are high so can afford one or two loose bets and recover in next match.

Hehe, to cover my loss of course, I bet 5 bitcoin on a parley before, which was US open 2015 round 1, and I lost 4 matches out of total 7 matches, and all the guys I picked were low odds, luckily I won the money in the end, I bet 7.1btc on marin cilic VS tsonga with 2.38 odds.

So don't be afraid if you lost money, be brave and you will be up again, you can see my screenshot, I was down 9 btc in US Open early rounds, but in the end I was up 4 btc in total, which is an awesome gambling story.

https://i.imgur.com/nyiHYC5.png

You took huge risk by placing so many Bitcoins to recover your losses.If I were at your place was going to recover over the time easy by easy.Heavy bets are not recommendable at all for players like us.Anyway you were lucky to recover all your losses.

This is part of gambling and you can not avoid this happening.Just like many here I also lost some parlay bets by one match.There majority play smaller parlay except some big players.It gives some tense feelings when I loose like this not because of money but because of choosing wrong team for my bet.Each time try to choose better but can't avoid this always.

Well case one, at least for me is totally normal. I never won one parlay lol, and most of them are by one match.

Second one is just "stupid" (that's what I say now, but I have done it, and now I understand that is just plain stupid). You can't go after losses, everyone understands that, so no point in "explaining" it again, but betting all of your profit in just one bet is just stupid.
For me one of the most important keys for success in gambling is bankroll management. There is chance involved and you will feel some variance from time to time, so if you don't control what you are risking you will just compromise all the hard work in one moment of bad luck, and you can't just do that.

2. I don't gamble so mine it is only a hypothetical answer. I will forget it. If I will continue for sure I will lose all my money. The luck in  gambling is rare and it was with you until you had your bitcoin. Then is difficult to be back again soon.

Anyhow, my suggestion is to not gamble at all.

I would defo...go for a recover,but it has no concerns with you as we dont have same money sources or opportunities .
but if you have money other than your living go fot it.

it is sport betting. it is not those dice gambling it is mainly based on luck. by the means to gain 1 btc, it already shows he may know some skills to make good prediction. I never say he is gonna be 100% sure will profit, but he does have a higher chance to gain back. I am into dota gambling and i know tons of people who success. (i even know more people who fail of course)

it is gambling and i am always ready to lose whenever i am betting on anything. so i always keep my bets as small as possible, so i can earn a considerable profit while on losing i don't lose much.

so if i win 1BTC i am never going to lose it all because of what i explained above.

but even if i lose in any case, i stop betting any more and start over again in another day fresh from the beginning. because i would get frustrated if i continue down a losing streak.

understood... :(

dont you think you just said that you keep the best as small as possible so that you dont lose much or earn a considerable profit ?
If you are chasing your losses then it is not small ,low or less risky in anyway......you look confused.

Number 1 is fine.
But for number 2, i will not risking all of my bitcoin in just 1 bet

Better save some bitcoin for next bet.
Have risk management is very important, more bet you have more chance you will get profit.

Play with amount that you can afford to lose.

the gambling problem is this, when you lose you are sure of recuperated all you lose with next bet. If you have lose, for 1 or more bet, don't bet double, bet only when you can lose another time

i will start again and try to make 1 bitcoin again :)
by same tactic i made it first time :D
regards.
-Katerniko1

better you forget if you don`t want to lose more :))

That would only happen if you got greedy. If you are doing fine earning few bitcoin, you better keep it that way. You should never bet with more than 10% of your gambling stack. and even playing with 10% is already a big risk.

Regarding 1, most of the parlay bets I made have only 3 or 4 legs, so losing a parlay by 1 match is not something special for me. Regarding 2, I will be upset for sure but I can only choose to forget about it. Trying to recover a big loss recklessly will most likely bring me an even bigger loss.

1. It is common. I'm glad I was close. Sportsbooks sometimes have a Free bet promo when you miss only one match.
2. I can not imagine that scenario, but I would have been angry for a while.

It would be stupid of one to bet whatever you have in total.The loss is not the part which would hurt the most but the stupidity ! If you'd bet half the amount you'd still have half to be happy about and then bet it wisely but having void left is just disappointing .However you can always learn from your mistake and don't repeat the same again.

It's unwritten rule that trying to recover from a huge loss will get you even further down the drain. I think that in these situations players are just forcing too much and not judging clearly. Emotions do take over.

So yes, I would also probably try to bounce back and recover even though this wouldn't be the best decision. But I have said a it already, emotions just take over!

When you bet so high is because you can afford it. When you bet you know you MAY lose it, so you  """shouldn't""" care about losing it, side effect when gambling imply loses. So i just forget it.

I don't think the key point there is affording to bet that high.
He is betting all of his profit in one single bet. No one can survive that. If you are serious about gambling, and you can get serious in sports betting, since it has a good mix of skill and luck, you must have a good bankroll management. And betting all your profit in one single bet is not a good practice in my opinion.