Bitcoin Forum

Thats a sad year, i just lost 100% of my coins in just 4 months
tried a mix of strategy, safe ways, risky, playing just a few times per day
but results are always the same
you lose in the end
i feel cheated
its unbelievable
know
why the house always win?
And you see people saying "it happens, you can not win in a long run"
why not? why i cant win in a long run?
why we never see a casino losing and closing the doors?
why 999999999% profiles of the top gamblers are negative?  ???
 :-\
but you know what i like? I like when the house eat the shit back
when someone manage to find a bug and make 6-7 digits over it  :D
the house cheat, thats it

You managed to gamble and lost BTC12 and yet you didn't know the idea of "you can not win in a long run" especially playing at casino. You are really a gambler and yet you didn't know too that whatever strategy you are applying will not make you alive for a long run. And no I don't believe that you tried "safe ways" and "playing just a few times a day" because if does then you will not have a amount loss like thath.

If you only learn sports betting, then you might avoid challenging the house. Im not saying sports betting will give you a sure profit but it's more worth to shot with some associated risk like playing on your preferred house edge games.

That's what happen to those greedy gamblers, would you mind to post done proofs that you are indeed loss? screenshots of dice rolls? But anyways hope you learn something from that loss if you will not stop gambling(which is not possible) then I guess 12 btc is not enough for that loss I mean you will loss again more than that amount  ::)

Mate we all know that we can't win in the long run then blame the house for cheating you? That's a huge amount of btc to start with, so if you think you have lost like half of it then you should probably stop.

You can't win in the long run because the house has always the advantage. It will never change. And the longer you play, the chances of you winning is getting lower and lower. I hope you learn the lesson that in gambling no one can win in the long run.

Losing Bitcoins and coming to complain after is a very common act for dice gamblers. And we only see excuses – no one is blaming himself for what he did. So you are blaming the casino for your losses? And you are 100% sure that whatever strategies you have used are not the main culprit behind your loss, but it's the house unfairness (feeling "cheated"), right?
I don't honestly know what to say – sorry for your loss and you gotta move on, or sorry, but you deserved it.

You just can't win in the long run because almost every gambling site have this advantage called house edge that's why everyones saying you can't win if you keep continue gambling.

There are some bitcoin dice sites that closed some examples are magical dice and fast dice.

Maybe those top gamblers just have a bad luck or they won't stop gambling that's why their profit is in negative.

The same old story when a gambler looses high on dice game with greedy or what ever way, starts to yelling and make a thread about it, In the end you told that if someone find a bug then make some high digits but in this also if the scammer becomes greedy and cheats it on high note then the house gets noted of it and then same story when the scammer going for withdraw he gets blocked and he also starts to cry

Losing bitcoins is not the house's fault but yours. You know so well that dice games and the likes are "luck-based" games which is a 50/50 coin toss thing. Even if you try to set the percentage of you winning to a higher side, the house can still screw you up. You were better off holding it or try sports betting instead other than blindly playing dice with your lousy methods.

Exactly even when its greater than 50% to win you do not get 2x your bet back.  Long run if you look at it you are not going to profit when gambling on games of chance.  It's a fun little distraction but other than sports and some card games gambling is always a loss.

I am sorry for your lost, but with 12BTC balance you should play slots on max bet and aim for jackpot and go with full bankroll not test strategies and i don't know what. If you want to test something just use 0.001BTC as bankroll and do small bets.

Sometimes we all do.

50% chance,1%, edge 10K rolls - you will probably hit 4500 and lose 5500, so what do you think why?

Actually there are few gamblers who are very lucky in long run and beat house.

^^^
You actually know the odds.

A casino does not need to cheat to beat you they have the house edge, I think it is self explanatory but it seems it is not, the house has an edge, an advantage in every single game you play against them if you play for a short a mount of time you could get some profits and get lucky but in the long term math and probabilities dictate the house is going to win.

Those questions and feeling are very common when we faced such a bad result at gambling. That were an expression to utter their disappointment and their disbelief to the  bad luck that they've got. Gambling is a unique thing, even though most people already aware that they will get bad result at the end, they keep doing it over and over again.

If you gamble you should know why gambling made it is not for making profit gambling are game for fun not for making any profit if you want to make a profit gambling is not a good place.. Honestly you are just wasting your 12 btc for nothing ..
There is no cheat and i think they are provably fair.. its always depends in you if you are gamble for fun or not.. it will result like this that you are regret in the end.. so next if you gamble you can afford to lose.

The whole gambling business exists because thanks to people like yourself who has no idea what gambling is all about. If you are still thinking about the answer, you are hopeless.

It is about losing money. Not making money. If people were making money by gambling, then casinos wouldn't have existed dawg. 12 btc is just a bit pricey life lesson for you. Never forget what you learnt for 12btc and transfer this expensive knowledge to your kids so they won't end up as failures in life like their father did.

I think its little bit more harsh way of giving reply and commenting on OP loss, it is true that in dice and casinos no one have ever won and its only house edge that is winning let it be the house edge 0 also in the end you will end up in loss.

Gambling is an art of deception, either you get lucky and win big or the house sets some mathematical rules to beat you at the end.
Reason why casinos are profitable and running 24/7 is because when you tell that to people they never believe you so they'll try to experiment and test that theory themselves and as a result topics like this are made.

Hoping for people to find bugs to exploit them in order to take advantage of an online casino is worse than cheating, it's stealing.
As it appears you didn't have any problem donating your coins even after losing 5 bitcoins.
You can only get lucky once and win a big prize but you never know when that is and trying to test your luck is what gets most people to lose all the time.

I think that's the biggest mistakes ever losing that bigger amount of bitcoin, and betting has been out of control which lead you to profit loss. Well in this case having that  12btc lost with different dice gambling needs enough attention to managed over your bank roll, and we needed to have control on the activities related to playing gambling; because on my analysis that losses was due addiction and not for fun.

Some times people need to loose all their bank roll to realize the mistake what they have done  :D People have won hundreds of bitcoins from various casino's and there are instances where people looses hundreds of bitcoins from casino's. It all boils down to how lucky you are while you are rolling.I can understand that you are butt hurt because of your loss and if you were smart enough you would have realized this when you loose half of your bank roll. :P

Sad you see you losing such big amount gambling. You feel cheated, but nobody cheated you. Luck is not your side and only shows that no amount of strategy will work specially in long term. I've been there, not in online dice game though, but in land based casino, so I know that feeling. I hope that it will not happen to you again, consider it as lessons for you. Just don't blame yourself too much. Get over it, go out, spend time with your families so you can feel better and not stressed out.

And don't try to think that someone will hack or find a bug and get their bitcoin. It won't happened. House always win.

What did you intake or what food did you ate? What pushed you to gamble 100% of your coins? Man, you know what's the risk of gambling and you shouldn't be risking all of it. And for just 4 months? Don't get greedy enough and don't ask why the house always win, it's given that they have the advantage and don't ever think trying to beat them.

I think that is not harsh, it is the better way so he can learn his lesson. You said it yourself that no one have ever one and the house is the only one winning right? He must realized it to that he is stupid and careless. Even if I love gambling, having such bitcoins, I will not use it in gambling, I will use it so I can have some investments, try to trade. Theres a lot of  way to make that bitcoin big, so why gambling?

Sorry to hear that, but what gambling games were you played? Dice or other games?
If you are gamble for long run,you will lose. There are some threads on this forum about that. You can't win in long run because of house edge, more you play, you could get more bad streaks.

This is what will happened if you feel too confidence that you can beat the house and let the emotion control you when you gamble, you can't win in gambling in a long run, you must know when to stop the game, there are no strategy that can beat the house for a long term and you need to gamble with the amount that you can afford to lose

You can't win over the house unless you got a 100% of luck for every bet you do. I know there's a time for you to stop and leave while playing  but the problem is you keep chasing your losses. The sad part was all the time and money spent at the gambling site can never get back. It' really hurts to lose but it's part of the game and there's no blame about your losses but your own self. I recommend, Stay away from gambling!

Losing such a big number of bitcoin through dice is not good for a gambler. Because one needs to know about it, that dice is completely based on luck. You need to be lucky to get the profit out of it rather than being good in strategy making. Also following few strategies that are successful with others you cannot retain the lost amount.

The simple answer why you can't win in the longer run is because this game is based on luck and luck will not be there every time. When you win then you should stop and take out your profit. If you continue for a longer time then mostly house is going to win. This is fact and you should understand and that's why casinos can give so many promotions to attract gamblers.

"or the house sets some mathematical rules to beat you at the end"
in other words the house can cheat you

Math never cheats. You never can beat a Dice game or the house edge. If you believe u can, it's the beginning of the end of your money.
Just gamble for fun, that's it.  ;)

Your theory might be right and as long as there is no concrete evidence you cannot say they are cheating and all of the legit dice sites runs under provably fair rules and every bet made can be verified by a third party tool,so how can you call that cheating if you are able to verify your rolls ,the house cannot manipulate the outcome of each and every roll.

Well if you don't know, math and science are used to cheat. And you can't say that math is responsible for these, random events has math,yes, it was calle probability, but there are still 2 results that may end up with, thats why it canttbe math related, well in other skill based games, I can say that it is math related, when it is dice, it is not.

If you really know how the Provably Fair system works you wont be having any doubts ,in this system it impossible for the player, or the casino to cheat in a game and the best thing you can do is to know their server seed and take some advantage ,other than that it is impossible to crack open a pravably fair casino.

That is greed for you, in my opinion the OP should never gamble in his entire life because he has shown to lack any kind of common sense when it come to gambling, unfortunately his story is not that uncommon and that show us the risk of gambling when you don’t know what you are doing.

don't feel sad, dice game is like that..and u need to care even is provably fair, they are online things.
It is a software not a real dice rolling in casino.

If u really want to gamble put more money in sport bet more than dice.

12 BTC for 4 months on playing gambling is too much for me i would say basing on my gambling style and money management. Now you do realize already on the end and regretting on playing gambling and questioning what happen? Remember you are playing gambling and most gamblers or people know that house will always win on the end and truly speaking there only a few casinos or gambling sites go bankrupt but most of them are really on profits. Cheating a gambling site with bug is possible but just on rare case.

Actually, the game is based on probability and the odds are in the house's favor....we shouldn't be surprised when the house wins....it is mathematically predictable and not based on superstition....it's not "luck," it's "math."  The longer we play, the more likely the house will win....period....it's math.

That is not cheating but that is just the reality works. By putting you in an odd position that is against you, by mathematically sound, you will tend to approach the expected mean the longer you play. That means, you can earn some profit or so at the first, but the longer you play the more likely you will end up losing in the end.

Feel sad but at the same time I want to put you on the list of "shit gambler".

With that big bankroll it can take you for a long term gambling but ended in just within a 4 months. If only you put that amount in strategy based game, surely you will have some decent profit. Anyhow, Im not saying that I don't believe you but mind posting proofs here so that we don't have a troll discussion here?

I don't think someone who lost 12 bitcoins on a gambling site where you have specifically played dice games, as known as purely luck based games would come here and make a discussion thread about it.
If you have really lost then post proofs and then discuss on why or how or what strategy you have to do in gambling. Otherwise it's just a troll discussion.

Well what would you expect dude. Casinos make a living off of people like you so whatever you do whichever way you look at it, if you continue to gamble especially with dice, tendency is you'll just use up all your bankroll pretty much same as shat happened to you. Just take it as a life lesson and learn from this mistake as this came with a very high cost. Earnig 12btc is serious amount dude

I don't understand whether to feel sorrow for your loss, or laugh at your tendency of getting something still out of these gambling sites if found some glitches in them and cheat them. You feel cheated because you lost, but it was your choice to play at those sites and so you should accept it with complete heart. BTW, you said you lost them in 4 months, were those months in 2017? If yes, then I am sorry to say this, but you seem one of the most stupid persons I ever saw here who lost $12000 in gambling.

There is no safe and risky strategy in gambling, with 'safe strategy' you will only spend more time gambling.
While with riskier you will lose money faster, that is the difference.

You should do do research first why casinos can operate, gambling is zero sum game on steroids - which mean you will lose.

yeah those people who gamble irresponsibly would always feel rigged whenever they suffering lost, that kind player never grow up to learn something. gambling are always about the game of chance , and it has negative expected value . which means if you gamble in regular time you wouldn't make yourself always in profit , in the end you would get lost. i believe if he gamble for several rolls only he would have a profit now instead lost it all.

For me there is absolutely no safe ways in gambling there will be always a risk in every gambling that you make,
Even if it is just a small amount or a huge one and for your lost it is a really huge one I would never put all my coins in gambling,
At least I would save some for myself or for my family or for some emergency in case I ever need some money.

It is not the house that is cheating, it is you who is overpushing your luck.  And as a result you lost it all.  We all know we will lost in the long run so we should have kept our gambling controlled.  When we got some winning we should stop and play another day.  But most of us continue until our bankroll is depleted.  Chasing loses is never been profitable eversince.  We should know that.

This is another sad story of gambling. Sometime the eagerness to win more money leads to lose more of it.Greed is  maybe another factor. Uncontrollable urge to gamble leads to addiction and this should be given attention.It willnot only do harm finncially but also to relationships and other people around us.

this is what happen if you are playing gambling and you thinking much of the risk. why the house win? because the house wants to make big profit from the gambler and i hope you can learn from your mistake and never do it again in future. you can't win in a long run because no matter you do, the house in the end will win all the money and nothing you can do about it. its small chance for us to see the casino is losing much of money and closing their doors for gamblers and we need to know that casino will always be profit.

that's an awful story mate, what you have lost might be a good capital if you  just use it in other investment instead of using it to play gambling,
i guess that's a normal excuses of the gamblers when they lose inside the house thinking that they have been cheated but surely it will be difficult
to proved it better to stay away instead of losing more.

A lose is a lose, you cannot change it, that's why as a gambler we should be very careful all the time because if we let our emotion we will become weak. Losing is a normal thing but we should set a limit for everything, when we lose control that will be the end of our big bankroll.
However, life does not end with that loses, we can change and correct everything and we just need to focus the next time and quit gambling for awhile.

Yeah, Accusing was the easy way to ease the pain when you are on lose with such a terrible amount, But the only way to overcome is to accept the fact of losing and just forget the past. Nobody can tell if the game was probably pair even if all gambling site are providing a client seed for bet veification but still we can't deny that it is not sufficient for us to believe.

Also accusing something because you loose it wont ease the pain it makes you more angry because your point of view is there are something wrong though yourself is your problem you are right acceptance is the best well you loose you cant do anything about it you are in the gambling world so you know you are taking risk to earn or to loose money and at the beginning you know that you have a possibilities that you will loose everything

This is not happening with you only , about 99% gamblers are facing the same thing , here you can see that the most famous buisness in the bitcoin is having trading site or gambling site .
Because peoples are always going for the two things only good way and bad way .
So here every gambling sites are ready to make lot of fun with Thier house edge limit .
No doubt that you can make big earning in the bitcoin gambling but be sure that you are not making gambling for long run .
If you win two to three times then it would be better to withdraw your bet , Because the every casino have it's algorithm such that don't make you able to make big profit .

that was sad story and if you already try all strategies during play dice but still lost which mean you have no the most important thing for won your bets and that's call luck however 12 btc is huge losses better do not trying to recover your losses and leave gambling before you became an addicted

Once again proved that in Dice game no strategies will work for long term. 12 BTC is not a small amount to compare present rate. it almost $15000. OMG if I have this much amount I will never use this money in gambling. Maybe he is a rich kid, or he may be addicted to gambling. That is why he spend 12 BTC in gambling. Anyway, what ever happened is over, now again don't choose to gamble to recover your loss.

have been played for 4 months and didn't know the fact about gambling site with their house edge, looks like you only played to reached your daily target and then closed it without checked the fact. now you're felt cheated because you just loss your 12 BTCs and accused the house was cheating. playing reguraly every day with few bets for 4 months was same when you play on long rally in a day to me.

HA HA!!  :D :D

YOU ARE SO VERY STUPID.

Dont cry too much.

Would you like directions to the nearest bridge?

Bad luck but losing all of that which you said was 100% of your coins is crazy, I do stop when I am on a losing streak although I have in the past felt terrible when losing a lot of btc.

I'm sorry that you lost your coins, but all the answers to your questions are normal. Yes the house will win in the long turn, and yes they have the edge. It's public. They are not cheating, their odds of winning are bigger than what they pay you, so they will win, and the player can get bursts of luck, but in a 4 month period, that is a decent amount of time, he will lose. That's the way it's suppose to be.

You are looking very desperate, I can understand your feeling of lose. Also you have a lose 12 bitcoins. For me, it is too much amount.
But as you think house always win, than i want to tell, may be something is wrong with you. You know i also playing gambling, but still i could earn from gambling, Why?
The reason is that i could manage myself and also i am not playing gambling for always win. 

Your right 12BTC is a nice amount and its bad the you play it all my dear, i'm sorry for your lose i hope you know now that hoyse is always win in the long run but suddenly they can lose also in the meantime. Anyway i hope you lecture now in your lose and you know now that you can lose also if you have big bankroll

What drug did you intake to do this unbelievable move, you know how gambling works why spend all of it with gambling? And that's a very short period of time to lose all.


Even you will create a lot of strategies in the end they will just fall into the same results and it is losing. It may be good and effective but only in the beginning.


If you felt that you are cheated, are you aware about the house edge? You should know about that, there's no cheat when the system beats you.


It's a cycle and system in the gambling industry that the longer you'll stay and gamble, you are close to become a loser.



There's no way to win in the long run even how lucky you are, playing the whole time will just lead you in a loophole.


Because it's business and that's why we are losing in the long run because the favor is always with them and it's all about profit.


What's with the negative?


And it will be figured out immediately by the house so don't depend on those people.

That's a shameful thing, what you did. If you just had stopped and not be greedy, you wouldn't be in that situation. You know that there are a lot of risks involved in gambling and you ought to know that in the first place. You could've just invested that into something that would yield a significant amount of profit in the long run.

I'm sorry to hear about your losses.

The problem from reading your story is that you switch up your plays constantly and not stick to a proper bankroll management. One loss on a risky move can negate any winnings from thousands of safe plays before.

If you ever get back into gambling, I strongly urge you to read up on bankroll management.

It is not a shameful but it is a very hard way of learning lesson. Most of the gamblers they know that they will lose money but some people think that if they have a higher bankroll then winning chances are high and will continue and end up in this situation. Before playing most of the gamblers are under impression that they can make a quick profit but if they invest in some other places then may need to wait for a long time to see a profit. So they will choose to gamble instead of other investments. This is a most common issue in gambling.

You are right, some think you can earn money in an easy way through gambling. if you hit the jackpot then your earnings are instant but they dont realize that its very risky and you will come to realize that fact when you already lose your money just like op. its a lesson learned not just for him but also to those gamblers who dont hesitate to risk their hard earn money.

Most of the people think that through gambling we can make money easily, but it is the big mistake being made by the people. Really OP you did a big mistake by gambling 12btc, for me, it is the very big amount and it takes nearly it takes more than 10 months to earn that money.

If you can sign message with the address which had "12 BTC" I would believe you. Otherwise, you made a great joke and if that was a true story it was a bad day for you and why would you gambled your money? To earn easy money with it? . No, it won't happen.

Yes to believe his story he must show some proof of his loss. Otherwise, how can we trust this matter? People can say I lost 100 BTC in dice game can we believe this easily without seeing any proof. I am not saying we can not lose 12 BTC in dice game it is possible and some people lost more than this amount. But to discuss with this, he must provide some details on which site he lost and what is his strategy plan in the game, etc.

Trying different strategy in dice game will only makes you have different experience there are no formula or strategy to win, why you cant win in a long run, its simple because the no matter what strategy you have there is always a losing chance no matter how small is that, its going to happened, don't used gambling as the place for you to look profit, you will lost more than you know

I think OP is joking may be, Only dump people will keep on trying to make money through dice gambling. Every gambler should set some rules for himself not to exceed the limits of his investment in gambling. If you exceed then it will automatically leads to loss.

Correct its really an easy thing for anybody to claim such thing like they lose huge amounts on playing gambling.They do it either to make community react with his lose without any proper proofs but well we cant do anything about it since he do claim he lost 12 btc on just playing dice and thats a lot of money already thats why we should really not rely on strategies believing that we could make money in the long run.

But I don't think there is any point in lying about something like this. Do you think people will be impressed with a 12 btc loss? I'm sure I'm not, don't know about you guys. Proof or no proof, this discussion about losing a big amount of money is good. As some guy who lost a similar amount can read through here and be encourage to move on.

We've been there, done that. We can't blame OP for this, even if it was me, I'm also going to continue gambling if I am winning in a row, take note, I am making big bets, that is why, it is more addicting and maybe OP was really just got greedy about it, and the result is lost all of his bitcoins, and 12 BTC is a big deal, since it is not that easy to earn, you couldn't even earn it in the signature campaign in year or in two years, well, it depends on what you are going to earn bitcoin, in my opinion.

That's really huge amount 12 bitcoin and then lose them all in single game? Why didn't you try to play another game and try you luck there but you didn't you focus on one game because you already lose too much and your trying to chase it strategy is not good when you're greedy i've been there and like that now all you do is blame your self.

You can't win in the long run because the house takes a percentage. What I mean is that for a dice game on yobit for example, heads or tails for a dice game is not 50/50. The house takes 2% I think, so you only have a 49% chance of getting heads and 49% chance of getting tails.

Because of the house edge favors the casino, so most gamblers would lose money if they play in the long run, you could still win the house, if you know to stop your greed and withdraw your winnings, but I guess most gamblers can't really do it because of greed and lose back their winnings in the long run.

Haha, that's sweet

People often tend to sell their cars, houses, loan money from dubious men etc. only to try to make their money back
People who can't gamble have ruined their lives trying to do so
They were to weak to set limits

ALWAYS SET LIMITS when gambling!
Then you won't lose 12BTC :P

it's gamble man, you are bound to lose eventually, but you can be lucky at the beginnign and run away with the money, even if the house have zero edge you will lose on the long run, which sound like cheating but it's how the thing work, maybe you had just bad luck and another one like you won 12 btc instead, if the system is provably fair the house should only win the % on the edge, and the player end with a sum zero result

Well I think it's a big lost enough. I don't understand why so many strategies can't work in the online casinos, especially dice site. The one thing that I know is they created bot on the site to work for the house's win.
Forget about your lost money. If you have much money in the future, stop being a player, be a house. Create a dice site, and suck their money.

The bots doesn't help nobody! Strategies also does nothing too! Strategies and bots go hand in hand and they don't actually win anybody some money for the very reason that no strategy can win against the casinos, statistically and monetarily. Casinos have a statistic advantage as well as a bankroll advantage.

Indeed, 12 BTC is  not a joke. OP maybe was addicted to play dice furthermore he may have lost that is why he was eager to recover his losses.This is sometimes the reasons that you will lost more. As an advice, you should control your emotions when playing. Do not let your emotions ruin your game.

With provably fair games no one can cheat without being exposed pretty fast, but it looks like you don't care about facts actually. Your post is full of hatred because you've lost a lot, but hatred is never a good state of mind. I'm sorry for your loss, okay, but have the strength to accept it and move on. And one more thing. Never gamble again.

Correct but tell that to someone that lost so much money on gambling and it is even worst when you lose fiat, at least you know fiat is going to keep depreciating but when you lose bitcoin not only you lost the bitcoin but the potential profits it will generate you in the future.

I am not a fan of gambling or gamble frequently on Casino or dice games. It is better be far away from putting your money into these casinos. I do gambling for fun but I will be in total limit, I only gamble 1% of my Bitcoins. keeping limits for yourself will make you self aware in winning or losing.

Don't ask why the house always win, the house is doing business so don't think that you can have against them. You can have chance of winning and if that happens take the advantage and quit for awhile, I feel sorry about your lose but it is still not the end of your life, you can recover it by doing other things or working harder but not with gambling / dice this time.

It is a good suggestion. One should try to recover the money they lost in gambling by other ways not from gambling again. Because it is not so easy to make money from these games unless if you're very lucky for that day. Remember one thing that these games are to enjoy your free time but not to make a quick money so gamble carefully.

This is how gambling works man.

The reason why casinos profit so much is because they have the house edge is their favour. If you are playing at a provably fair casino then you are protected from casinos rigging their games but definitely not protected from the house edge.

Never ever gamble when you're on impulse. You're likely to lose anything.

It's a sad tale, but we've all been there. Only once you've been there, you realise, it's not worth it.

Yes! Because if you are about to recover your losses you will end up into the same result. It's either you will lose more or you might recover some but not the whole thing because we know that in gambling that the longer you gamble, chance of losing in the end is always there. I know it's quite hard to move on when you are on that situation.

OP sad to hear that you lost over 12 Btc but one thing I did not get, you were loosing and loosing and yet you kept on playing and playing what we're you thinking? There a fine line between gambling and blindly gambling. I do hope you have learnt your lesson and will be Street smart next time. One thing that I actually liked, is you are not negative and posting that you will commit suicide. So I believe you should be positive you shall earn more than you lost, ps there more gambling than dice, sports and all do look into it

That's the reason people always say that gambling is not for earning money but it is only for having an entertainment. But many addicted gamblers will not believe that because they think that they got some working method to beat the house and will continue until they lose all their money. This type of learning is very hard so don't waste more money in gambling to make quick money instead of invest in some other businesses.

If the game were actually 50/50 chance, then it would have been a level play ground, but the house edge tilts the game in favor of the house, so a player is always having less than 50 chance of winning, whereas the house always have 50% chance plus the extra the house edge brings it. That ultimate turns out in the favor of the house and much more so given they most often have huge balances that enables them able to hold out most strategies until a player eventually run out of fund or reach limit for maximum bet.

Emotions are one thing though 12 BTC on a dice roll is another. I think that greed is the major factor with this type of gambling style because there is only a few people within this forum that would place 12 Bitcoin inside a gambling game and lose it all from bad bankroll management skills.
Do you roll dice with certain altcoins? You could try that instead of losing Bitcoins because if you are trying to make a few bucks Bitcoin’s price is going up.

Exactly, if the games were 50/50 then the house obviously will be in the negatives in the long run if you take into account the server running costs, promotion costs, signature campaign costs, etc. etc.

That's why the house edge always is in the casino's favour - otherwise there is no point in running a casino, the admins can just gamble PvP with other opponents and save themselves of the running costs.

@OP, i'm really sorry to hear about your loss but honestly, this same situation all happens to us at one point or another. Get over this hurdle, find yourself something worthwhile of doing, you'll find that life is so much more than just gambling and wasting time and money on gambling.

I think he just gamble his bitcoin gradually and every time he lose regret in the end until he lose 12 btc.. he just trying to recover in time to time.. even the chance is very small to recover them back until he made lose 12 btc..

every gamblers are always regreting in the end if they lose a lot. you have point that greediness is one of the reason why we are lose a lot in gambling..

I wish he said which site ripped him off like that or which site made so much money of him, this sounds better.
I saw that in his last post he's asking about possible investment in XRP. He lost all Bitcoins and now wants to put his last money into a centralized altcoin. Hopeless! :D

damn that sucks man, im sorry.
The gambling sites are made to profit on your loss, they want you to lose, how did you go so far and lose 12 BTC?

a great hatred can change a person and that is not good. hopefully the loss of 12btc can be a valuable experience for you and start something new like trading because you already know gambling does not make you earn profit.
you so hate the site and laugh at the site just because someone get cheat the house until you forget the fact of losing 12 bitcoin :D.

It is true to avoid us addicted to gambling on games with how to control your emotions when playing gambling don't always rush in a hurry to take a decision in the game you will therefore be a that are not in want for example will be lost we have, wear it strategy is right on target

Because it is created to generate profit for the owner.
The more you play the more you lose and to chase your loses .
The answer in all is gambling is for entertainment and if you want to win you should be a wise player .

If you lose your money in gambling its really hard to just ignore that especially with such amount however trying to take it back by playing again is not really a good decision. i agree with you for focusing in other things to recover what you have lost by working harder and not to gamble again.

Chasing loses is not always really a good move because instead of taking it back you will surely lose even more if luck wont be on your side.If OP do know the risk on losing money on playing gambling then he should stop it in the middle of the game or time so that he can able to stop the loses even more which would really result on getting broke.

Was it mentioned which site they lost this amount on?
I just browsed the first page and witnessed post after post of people just saying 'I can't believe it!'
and 'You should of do it this way' with advice after advice.
But they do not realize that they were not in the posters shoes. So they can not fully comprehend what he was going thru at those moments. So it is very hard to judge him on his actions and what he has done.
All that i have gathered it is a dice site.
Maybe the owner of this site has a heart and you can plead your case to him and get some kind of reimbursement back for losing so much which does sound like your life saving.
Just don't know if you are a young person or not because this would be devestating if you are an older person.
Cause you would have a harder time making that kind of money back for you to sustain your life if that is all the money that you owned.

Well we're responsible for the decisions we made and i think the one who posted this have learned his lesson well. If you're going to risk that much money, in dice, you should be well aware that the step you're taking is set up for heartbreak. How many people have we heard or rea having heartbrraking stories about how much they've lost in a casino. And i don't there's any casino whonwould consider giving a portion of your losses back. Business for them is business. In the end, these are all just lessons that hopefully make us better decision makers in the future

A very smart thinking if you do it all. Because most of the people who do the gambling is those who cannot easily do self control, for those who cannot control himself will be easy-minded or not a mature way when doing something. Because those who are not able to think with a clear head would argue that gambling is a suitable place, indeed that's true but all the things that exist in the gambling requires a tremendous struggle. In the absence of a good gambling then everything will give losses big
 

A fool and his money are soon parted, which show us that you should not only care about earning a big amount of money you should also learn how to keep it, I know many people that earn almost the double amount that I do but they are in a terrible financial situation because they have committed horrible mistakes.

I have always considered gambling in dice games as something really dangerous for my funds, especially if I go with some automated settings.
It is because the size of the bet pretty much does not makes any difference. When you are playing poker, even the video one then the big bet can make a good influence on the opposite site: and it may help you overcome the odds.
With dice, it is all about the payout you have chosen and obviously the house edge that is implemented.

I have always chosen the lowest house edge as possible, that is why I just dont play at many sites: they pretty much rob other people with that unfair rate, but they still have many customers.

I know it's hard to accept when you lose but it's even your responsibility to take care of your money and why you are going to dice all of that amount? And taking some revenge isn't really a good idea, it will put you into the same situation and it was proven and experienced by many of the gamblers here.

If you really lost so much money in deposit that is totally your fault. If you were losing in starting you should have stopped right there so you would have had atleast 10 btc left now. Remember gambling never really doubles your money. It's really rare when something like that happens.

Exactly, I also told him, it is his fault because he has a big lose of 12 bitcoins. If he try to save his lose, but continuously he was playing that's why he has lost. He could stop after 2 or 3 bitcoins but not, also he was playing dice game, In dice, we can't use our strategy and skills, we are totally depend on luck.   

Well, you see friend it happens with everyone not just you or or anyone. I was a brutal gambler myself and busted tons of bitcoins before I actually realize that getting rich with this shitty thing is not possible.
The house always win because of the simple fact that they have a edge but also because gamblers are greedy and don't stop while house is not a human and hence no greed or intentions.

Human's greed are naturally born inside but no one can able to control except theirself.
Bitcoin demand even greater especially when bitcoin value high enough so people embrace theirself to bet and made profit as much as possible

why you can't take a low bet amount ? with such a high bet amoun I'm sure you're gonna lose it all. I loss too much bitcoin in dice game also that's why i prefer playing satoshi mines than dice game because i can easily win in satoshi mines without wondering of losing. and be less greedy. I lose .5 btc last year becaused of my greediness and thank goodness i can manage to make it back from me.

Although I always try to gamble only with small amounts I can't say I only gamble with 1%. I think it is from 5% to 10% and if you really gamble only with 1%, I only can say that you set a right limit and you have a very good self control, congrats.

You have lost your bitcoin in dice game, you know in dice it is normal to lose because it is play without using strategy.
I know you also know that in dice we play with our luck, and we win because of our luck.
So i want to ask you, Why you use your big amount in only dice game? and
Why you are not stop after 4 or 5 bitcoins when you have lost?   

You're dumb or what?
Let's put it simply. We play dice with a 6digits dice. Rules are simple: on 1/2/3/4 I win on 5/6 you win.

Who will win in the end?

The house doesn't cheat, it's jsut that rules are made so they have an advantage...

You must accept the fact that some of gamblers would lose in the long run, hope you learn some lessons on that 12btc lose next time choose the house so you can profit  ;D

I can’t imagine losing that much just on dice alone. I have had my fair share of losses in gambling but I never let it get to a point where I’d regret losing more than I can afford. In fact, I only gamble with small amounts and only when I have free time. Being addicted to the point of losing huge amounts is not even good for your health, both mental and bodily, at that.

Last night I went to local casino in my city and suffice to say I lost $150. This loss effectively killed my bankroll and my entertainment budget for the rest of the year.
I agree that losing $150 is nowhere near losing 12 BTC but it it is still hard to accept if you are poor.
My advice for you guys - don't gamble and drink alcohol if you want to win anything, while drunk you will just continue to play until your money will be gone.

Were you on drugs or something dude? Like come on man, there is no use being sad over it now. Its basically your greed that caused this situation of yours. What you can do now is to invest whatever money you have, whether its fiat or btc to gain back atleast 10% of what you lost during gambling if possible.

where do you people bring this kind of money from!
i mean i am busting my ass working and buying bitcoin, trading and doing investments and all kinds of shit and i still can't make enough money. now you have 12 bitcoin to throw away just like that! WHAT THE HELL!

and this is gambling we are talking about not a real legit investment in a real legit business. i could have seen someone invest 12BTC= $17000 in a business but i can't really understand how someone even deposits that much in a gambling site!!!

How the heck did you lose 12 Bitcoins on a regular dice game by using your strategy? I know that people on here like to exaggerate their numbers and all though 12 Bitcoin is a bunch of Bitcoin to lose on that gambling game.
You would have been better off by investing that money in an Altcoin like [Insert Altcoin promotion here] then made an earning and cashed the money out.

I hope that the next time you play Dice you will learn from this and manage the money that you have.

Yeah 12BTC is such a big amount of money don't you think. I see hope that you learn some lessosn on what you did after lossing a such big amount of money that i can't afford to have and afford to play in gambling just to lose it all. Anyways i you did learn some lesson on what did. You should think that gambling is much more risky that we expect.

I have seen people losing more than 100 BTC in just a small amount of time.  At least OP had fun for several days before losing all his BTC.  The thing here I guess is OP's emotion and the intend to chase loses by betting more when he knows that luck does not favor him that day.  Gambling if uncheck can empty our bankroll in an instance.  Though OP would have stated the kind of strategy he used so that we can avoid such strategy and think of a better one to make sure that our bankroll will last longer  ;).

Regrets do always comes to the last and we would really learn a lesson from that mistake and for sure we will avoid it on next time.12 btc is really a huge amount and if we cant afford to lose it then better not to play gambling at first and yet as you said its very risky and aiming for money will not always work because if we arent lucky enough on playing it then those money that we spend will surely go into casinos pockets.

I think you didn't play in very expert or intelligent way. 12 btc is a very large amount yet you lose all of it in just 4 mos? That's unbelievable and very dissapointing because many people just like me want to earn a money as high as that. Many people didn't know when to stop gambling even if your always winning or loosing. Many people play and play until they satisfied. They didn't set goals so in the end they lose even if they win on first place. But I suggest to you that this must be serve as lesson not just in you but in others too to learn how to manage money.

In every lose there's a regret an ofcourse there is a lessonthat you need to learn in order to avoid the mistake you committed. Lose over 12 btc and that quiet big and very dissapointing because many people want that amount money yet you use it only to play gambling. Every gambler needs to manage their usage of money so that they avoid falling down and comes in the time that nothing will be left to them. Learn to set goals and stop in gambling.

Losing 12BTC was a huge amount of bitcoin. It is not a joke actually, but this the case is very common in the gambling world.
of course winning for the gamblers was always seldom, but always loses in the games ;)

Gamblers winning against the casinos is rare, but it is not impossible. The likelihood of gamblers winning against the casinos are quite lower than the casinos winning against the gamblers because of a lot of factors, like house bankroll and statistical advantage brought about by house edge. This is why gamblers always lose.

My advice for you guys:
Don't Gamble.
That's it. You gmable = you lose.
No one wins on the long run.

real casinos are like that very much attractive, and if you drink while playing gambling in that mood, you will lose all your money. Sometimes others will make you continue your play. So when you visit real casino don't take alcohol. It will make your mind empty, and you play gambling blindly without doing any strategies. Finally, you will lose money.

I don't see nothing strange, there aren't strategies that could help you to win!
Dice are only based in a lucky way to play. There is any ability, or anything you can adopt.
It's just a matter of luck.

Personally when I gamble, I follow some simply rules:

- You Can't become rich with betting! (unless you're the "house") :D

- Play only an amount of money that you are ready to trash in the rubbish (litterally)

This is one of the reasons there is alcohol on casinos and if you have made a few bets sometimes the casino will gift to you a drink so you begin to drink and then you start to make mistakes and then you realize you lost a lot of money.

People always trying to push the limit while they are actually cannot afford to lost it.
They even doing allin as they think that was the last chance for them to get recovered or get poor and miserable.
Not a good call at all , it is even a common mistake to think like that. Think twice what will happened and stop immediately when you found it won't be good for you.

Well, if at any given time you were able to collect 12 bitcoins, I have no doubt that you will hae enough talent to gather 12 more bitcoins, or even a larger amount, although I hope you have learned the lesson to not make the same mistake again.

Hard to know... If he got the 12 BTCs from gambling it can be too risky to try again to recover the amount lost. But if he got it from work income or investment income, it's possible to recover the 12 BTCs and much more. Gambling is a hobby for rich people, poor people shouldn't try it hoping to become rich, if rich people lose on Dice game, no problem, but when a poor person loses, it can be the progress of much time going away in few seconds.

Well described the reality of an user gambling with good backing as well an user without any backing, but just hoping a win to grow his money for a better living. 12btc is something very big and this can be overcome if he understood the mistakes he made.

Maybe he does have many bitcoin for him to afford to lose up 12 btc in a matter time.Its really a big amount for us and lessons do really comes after that losing event but in reality there are still gamblers do force themselves to chase those loses again by using or depositing again money to play and hoping they would able to recover it up but in the end they still lose even more.

I do see it is a mistake of not learning from others mistakes as well from their own mistakes. Just imagine what about he would have stopped gambling right after losing just one bitcoin. Probably he would have thought about that, but at the time recovering that last one bitcoin would have been a very big concern. In this course, losses did accommodate and the mistakes of failing to learn just continued.

I am afraid he may not stop even with the loss of 12 bitcoins, after some months or years he may come back to gambling just to give another try for the motivation of recovering lost bitcoins. Because gambling is that kind of dangerous one to give fake confidences.

That's the speciality of dice most of the sites claim they have probably fair mark and stuff. After we lose we all verify and it really does have that mark but when we gamble on dice site the only thing that matters is luck no matter how trust worthy site is. If we are losing are first few dice then we should stop to prevent further losses.

The opener is a perfect example of someone that can’t control its gambling that is why when go play in a physical casino you only bring the amount of money you are willing to lose and you don’t bring anything else like credit cards or jewelry or you may be tempted to gamble it away.

A person who gathers in a casino is also possible, but thinks that the consequences begin to lose everything and even that on credit cards. It is not difficult for him to go home and bring jewels.

You got me thinking that op was under the illusion that his balance of 12 Btc probably made him invincible or that it was an infinite amount, so he probably threw caution to the wind until the veil was off his eyes. 12 Btc is a huge amount and there are players that can certainly turn thing around with that much by prudently managing their games and it is indeed unfortunate he parted with that much.

That is one of the things that having a lot of money does to a person, what happens when someone wins the lottery? they begin to spend money like it is never going to run out, but it does not matter how much money you have, you cannot spend forever or your money is not going to last.

Probably OP just keep on betting without any kind of plan or strategy.  I agree, having a huge balance probably made OP thinks he can do whatever he wanted and when it lose, he can chase it with the remaining fund.  But sad, what he thinks does not happen and so, he loses all these 12 BTC.

Unfortunately, he lose his huge amount by doing dice. Dice is one of lot of game are totally risky in gambling. because it's based in on luck. So by stacking a high amount in this kind of games, It's too crazy. because we can't control our luck.
I don't advice people to do dice games, because, as i think it's waste of money. By the way if you do sports betting is more better than playing dice games.

Ironically you are promoting an only dice game site and partaking in their profit, what a life! By the way, was mention made of the site op played at, because there are actually some dice sites that their dices seem to have eyes and mind!

I think it goes to show why casinos are so profitable. I think when it comes to online bitcoin gambling games, it is better to invest in casino than to play in one?

yup the house cheats.... so i recommend to take your short term winnings and cashout and not stick around long enough to find out that its impossible to win long term. win huge... withdraw asap instead of trying to go higher and then only redosit 10% or less back into gambling. don't be a fool who never sees victory only because he knows not what victory looks like. easier said then done but anyways have some good luck! remember to not spend what you dont 100% expect to lose.

at first you accept and take a risk in gambling once you wanted tpo play it, taking risk is the first thing that you need to accept, you need to accept this thing whether you won or lose,  greediness is the next big thing, you must avoid that, stay on focus .try again but dont expect too much in return.

If you came to make money, better be smart and invest in gambling sites because no one will give you free money in gambling, you might win but you will still lose in the long run, that is the reality that we failed or we resist to accept. Everyone has their journey but it is important that we have to learned from our lessons and just gamble for fun instead.

Unbelievable! You manage to lose that amount in just 4 months. I suggest you shouldn't use gambling to make a profit. If you want to double your money you could invest it or trade. It is hard to get that amount then you just waste it on 4 months. Anyway, I hope you learn that gambling is not the way to get rich, don't depend on gambling. You should know that there's a low chance of winning on gambling.

Yeah it happens :) I know that feeling..Ater loosing first bet you wanna to recover the losed amount and gamble with martingale strategy.You gambe double amount of last bet ,you lase, again double of last 2 bets and... you lose total bankroll.That's how casinos grow on this business ;)

yes that's the thing, we kept on playing just to win the game that we lose our money, we want to get it back we arent thinking that we are now greedy , when we won the game , we continues to play to earn more that's a greediness we need to avoid that.

That is a huge amount of Bitcoin bro. Why didn't you stop when you lose 1 bitcoin? It is terrible to hear that. Maybe the house did cheat on you but you have to accept that. Do not put too many money in one place because it do not bring a good result. And you can see that by yourself. I hope that you can make 12 bitcoin again

You dont have similar minds and in fact its hard to said that thing when losing up 1 bitcoin will make you stop completely.There would really be a time on where you would really push yourself to play even more because of longing to recover those loses you had but end up on losing even more.This is always the case of most gamblers which they do play or chase their loses for the reason or hoping to win it back.

we cannot force other people to stop on gambling, only thing we can do is give then an advice on how do they can manage their money and their time. we can also advice them that they dont be greedy and dont get attached too much, if they doesnt do that they will keep on losing their money, they need to be contended and learn from their mistakes.

When you playing dice you easily can be accustomed in winning, the greed take an effect and influences further thinking, strategy can be lost, concentration falls and panic starts to attack. In this conditions you just cannot win against house. When bad luck strikes,  best strategy is to avoid games for a while. House will always win at the end so don't wait too long, this is the nature of this game (code).

You can't win against house in the long run being in any condition. No matter whether are you in panic or in your perfect state of mind. The very idea of earning money with gambling is wrong.

I would never play dices with 12 btc, that is too much money for such a game. Dices are fun game and OP should come here to see what kind of experience other people have with dices, in that case he would save a lot of money, but now its to late for talking about it.
This should be a lesson to all the people, don`t gamble and regret later, in that manner the best thing that someone can do (and that is how I think) is to gamble and enjoy, crying after loss is for pussies, you have your try you failed that is it, head up and you live to fight another day.

There will never be a 100% winning strategy for dice no matter how big your bankroll is, if the player doesn't know when to stop and withdraw the winnings, there will always be a point where the player will eventually hit the red streak and bust, house edge of the casino is there for a reason, it is maths  :)

The OP may be lost his mind, or he may be a rich person, so he lost 12 BTC in luck base game Dice. I will never deposit more than 0.04 BTC in Dice site. Because I know here if we deposit more we will lose all money. This game is like that very attractive, and within few minutes we will lose our investment. Before investing on any dice game remember one thing it is a dead investment and never come back.

That is why don't push your self too much playing gambling you already know that you could lose playing gambling and thats the result not all gamblers manage to win what and get what they deserve by playing too much making and following some of strategies will make you a good profit it will always depends on your luck and your faith.

Seriously, you have lost a big amount, 12 btcs mean $21672, If it is my lose than may be i will be die by heart attract. But i am lucky, i am not one of them, who lost a big amount. But now i am thinking why you didn't control yourself if you was seeing that you are continuously losing your money?
If you could stop yourself after losing 1 or 2 bitcoins than may be you could save your other bitcoins. Now i think you have experienced that dice game not always give us winning.   

this is the reason why i am gonna stick with esports betting and 12 btc is a huge amount he probably lose at when he goes in gambling spree. i also lost a huge amount i lose them all because i was being greedy and i can control seeing my money lose

Won once on a dice site (0.05btc) and never gambled again. It's definitely a win-lose (win for the house, lose for you) in the long run because the odds are against you, unless you get really lucky.

Indeed basically to can benefit or much money in gambling then it should be balanced with the right game. You need to know, that every gambling has many risks in order to get the victory. To be able to minimize a risk we normally should be able to properly do gambling and to be able to play with it right then we should control ourselves. Money is everything, but if we do not correct for the money then it's all just things that harm
 

Haha  i like what you say that were on win-lose (win for the house, lose for us) unless that if we have some luck that still make us brave to play gambling because our luck saying that play because this day is your lucky day. Anyways thus is just a LESSON LEARN for him so as of now they can think now what gambling is

For anyone it would be just a news, but only for the person who had undergone those pains and frustrations must have the reason why he could not control himself when he first lost some 1 bitcoins.

When losing one bitcoin, that would seem as a very big amount and all emotions will induce that gambler to recover that one lost bitcoin as nearly as possible. When chasing down to recover that, he might have faced another one or two bitcoins loss and this way that problem recursively mounding to a very big problem which might cost up to 12 bitcoins also.

House edge isn't even necessary, the situation would be the same if the House Edge would be 0%. It's just statistics - you can't keep winning forever, every bet has the same risk/reward proportion, so profit and losses are just oscilations, it goes up and down, but because casino has giant bankrolls and players small, their games end as soon as they hit their loss limit (aka losing all deposit).

If you are lucky and skilled, you dont need to stop playing. It doesnt necessary to stop a game if gambling is your life. Learn from your mistakes that could be the best way to do. Learn new strategy in the game. It is not always about losing we can earn too, just stay calm, patient and importantly stay on focus.

Just think up always on balance on where we do know which is a right or wrong move or decisions we do made on a certain situation on gambling field.It would really matter if we do know when to stop when we already realize that we are losing too much and never ever chase your loses and hoping to win it back because this will lead the situation even more worse.Losing 12 bitcoins on dice is really a disastrous thing for me.

There is nothing wrong in if he should lost 12btc should not even be a subject for discussion the fact is he can afford to lose it so he risked it. I am sure majority of those castigating that he is out of his mind would have praised his sagacity and strength to take risk if he should have won say 100btc. But now they are quick to throw the stone of being foolish at him.

Losing is not the problem, it's what you lost is the problem. If you lost money that you cannot afford to lose then you really have to consider doing something about it, like not gambling at all. That is what OP should have done. Gambling is not an answer to your problems and it will never be.

It is a big news for me, that you have lost 12 bitcoin and only in dice.
God help you, you really need help of God. Because if you are already rich man than definitely you will be little disturb, but in fact if you are middle class man than it is a big lose for you.
Because in my eyes, 12 bitcoins is a big money. i can't afford that lose of this amount.
I think you learn the lesson in gambling don't be greedy.

I feel he made a huge mistake in keeping a profit because 12 btc is not small amount, I think he has gained about 8 btc and started thinking greedy, so he lost and when he wanted to recover lost funds is too late, bad luck come and defeat increasingly, this is a very valuable experience for better gambling.

It's not about luck. If you gamble you will eventually lose too much. You can't have bad luck and keep losing every time, it's not how it works.
If he made 1000 bets, probably at least 400 were wins, this is how math works, so he probably at some point would end up winning, but it wasn't enough.
If you want to check me test a casino game with free balance or money from a faucet and you'll see that at some point you'll have more than when you started, but none of us wants to leave with a few coins more in our pocket.

I feel sorry, 12btc is such a big amount especially now that the price is so high. You know that most of gamblers are lossing but why it seems you still can't accept it and believe it. Your supposed to, because you know what's going to be the end when you play. Maybe you've gone and pass your limits.

You gotta point. But the problem is, not everyone play/bet within their means.
We don't how it was for OP. Could be a 12BTC bankroll to him is equivalent to an ordinary man's 50mbtc bankroll. He could do with it however he wants since he could afford it.
Thing is, play within your means. And know when to stop. That's all. It's just an expensive lesson. Up to us whether we repeat our mistakes.
 

Oh my GOD...This is another sad story of gambling. Sometime the eagerness to win more money leads to lose more of it.Greed is  maybe another factor. Uncontrollable urge to gamble leads to addiction and this should be given attention.It willnot only do harm finncially but also to relationships and other people around us.You keep praying.

Yes, with a glimpse of an eye you lose can lose lots of btc but why people still gamble is that it can also happen the other way around. People think they will win and this greed make them take risk.

This is my first thought, one more sad gambling story from a newbie! I wish to point that out, one more newbie that comes here and first post is about his loss, like we care. 12 BTC is a lot, with that bitcoins I would have enough for gambling, investing in casino's, trading, investing in other cryptos and I would even put something in save.
In my 2000 posts I never wrote anything similar, and I had some big loses, I agree with members above don't regret after you lost money, it's late for regret and becoming emotional, if you were man and you had balls to go in casino with that money now be a man and survive that without tears.

Rightly pointed out as the reason behind the casinos and games is that for the profit of owner and not for the people who play. If everyone start winning then who will bear the loss, so out many only few become lucky who win and rest loose out. Its your luck and smartness that if you win you take the amount and go away rather then keep playing the games for too long.

I'm suggest that people must hold your bitcoin at the moment because as I can see that bitcoin already reach $2000 (highest value on bitcoin history)
It's not too late to stop now and hold as much as possible , we may be greedy but you will suffer more if you feel regret forever

Well, to say they cheat isn't really a fair,blanket statement. 
Does anyone ever stop to think of the true odds of the game? Nobody seems to anymore.

It's actually a mathematical advantage the house usually has, and that's not a secret.  Mathematics doesn't equal cheating.  If you have cheated yourself by losing control over your own wallet, even if slowly, it still isn't automatically
Proving that any cheating has happened.  It means that the mathematical probabilities were correct as the casinos would never offer a game that was more likely to pay the player than the house. 

Sucks but it is true. 

Exactly, people needs to understand the true sense of gambling. Its a game between a player and a house and behind it is just mathematical formulas. This does not mean that the player will never Win. Players do win but what they cant control is the emotions while house has no emotions.
Let me explain this in another way. If the OP has won 12 BTC he would have claimed it to be his skills while on the lose he is blaming the site / gambling to be scam. I hope now its understandable.

I understand you may feel cheated but it is a completely different thing the casino actually cheated on you, casinos don’t need to cheat they already have the advantage anyway what it happened was that you were unable to control your emotion and bet more money that you could afford to lose, it is an expensive lesson but I hope you have learned it.

You just lost a fortune and you are saying that you do not understand why does the house always win. The house always win because nobody will make a site/ casino where you can win in a long run. You can only win once or twice in a 10 lose streak and the house will always win because if you win once, you will want to win again and you will lose while trying

No, I think Gambling is a game of elite class and rich people. If OP lost 12 BTC this time, he might have earned a lot of BTC before. You and me cant afford such amount to be even risk in gambling. but there are people who are daily investing lots of BTC there. That is the reason Gambling is one of the biggest business today and with the use of bitcoin it has become more popular.

The real reason why the house wins is because it has more money. When you make a deposit and start playing, you will have close to even chances of losing/winning (the edge is 1-2%), so your balance will look like a wave - it will be going up and down, and the games stops when you lose all your deposit, while for casino it would stop only if they lose all their bankroll. Since the game is almost equal, the house has much more chances to win all your money than you to win theirs. The only way to win against the house would be to play against it with 100 times bigger bankroll, but they also have a limit for maximum win per bet, which allows they house edge to reduce the risks of playing against whales.

You should have given us a kink to the site and your profile. That's so much to lose and you should prove it. That's why I dont think I can believe this. Also when you ga!ble in thst amount stop when you in positive unless you have a goal to reach then stop st the goal. Bit you need to realize you risking everything you have in order to get those wins.

I do really need some proofs since anyone could anytime claim that they do lose a certain big amount on playing gambling and i dont easily believe when theres no proof that he owns a particular account.12 btc is really too much to lose considering on the current price of bitcoin. If we do play gambling we should really be prepared on the risk?

For me I don't need to ask for any proof as I do believe anyone can lose that amount especially if you are a sharks in gambling, they spend based on their capacity but we do not have that. Anyway, any experience is worth sharing for because we can get learning in one's experience and we shall make it a basis to not follow the same mistakes.

If there are no proofs, then this is one good topic to discuss that's it. But if it is there any proof then it is a good lesson to don't do like this in your future. Yup people will invest how much they can afford maybe the Op can afford this amount who knows am I right. But one thing I will clarify in gambling if we lose any bet we will not learn anything from that loss. Only thing will come in our mind is stop gambling.

Yeah, Op might have got good backing to be afforded on dice event. Stop gambling strikes our mind once after losing but in a short people will once again participate thinking to retain the loss. Gambling is good if played with limits, also the loss happened around a month back. Now the price of a single bitcoin have varied big, so surely Op might be feeling much bad.

I'd feel bad if I were to lose that much btcs and op has a lot of guts to play that much btc into dice. I won't even dare try 1 btc because losing that much would haunt me for a very long time. You can't really earn that much btc easily and I can imagine the regret he might be feeling looking at how he could've just stayed away from gambling and held on to his bitcoins.

I think he would be much more angry. 12btc is a small fortune. He is nowhere nearly angry enough to get upset over something like this. I'm not sure why he made this post if it is just made up. Woe gambling with 12btc is crazy I don't believe this guy would have stopped until losing everything nothing would be enough until all is lost.

so whatever you do whichever way you look at it if you continue to gamble especially with dice, the tendency is that you will only use bankroll all You pretty much the same as shat happens to you. Just think of it as a life lesson and learn from this mistake as it comes with a very high cost. Earnig 12btc is the number of URdude.ini is very serious danger to us ...

Man that's a lot to lose. 12btc ? Where you chasing ? Tell us more ? How did it happen what did you do and where did you play ? Did you use bonuses or not ? How many hours did you play and did you play daily ? How much did you gamble each time ? We're you ever in orfit or was it down hill from the start.

Maybe you should have tried trading or investing. You should have invested in Yolodice you would have made s nice amount maybe over 1btc in this 4 months.