Bitcoin Forum

Okay, so I am a losing bettor. I've never made money from placing bets, I could go on a small winning streak, but eventually I lose it all. So I have been thinking, since I am jinxed and very bad at making selections, anybody that does the opposite of what I do, at the right odds must profit. Getting the right odds is important, because as we all know, the bookie vig will ensure you lose in the long term.

There are a couple of ways to getting better odds; either your scour the web for them or you wait and bet live in play if the opportunity presents its self. Every now and then, I will post my bets, all you need to do is bet against me and viola, profits!

Which sports are you focusing on? When will you post your first pick? Really hard to get good odds because most of the bitcoin sportsbook here uses the same odds provider.

Might tail you in the future but will watch your first couple of picks before thinking of fading. One last question do you have a record of your picks ?

I think you should do a more thorough analysis of the matches you bet on. There are people who do make a living or heck.. even became filthy rich from sportsbooking,but you need to know the teams' forms, motivation and always practice risk management.
I don't say it is easy to make a profit,but with proper focus and analytic skills you can manage that.

Ahahahahah
Ok I like the idea xD

But the real problem is that most of the time you can't bet against a special bet. Sure if you get no luck it's good to know what you bet and not doing that. But if you bet that team A loses, and I bet team B loses, the game might be a draw and we both lose ;)

I like the idea, if you have proven yourself to be unlucky then you will make us rich, lol.
Honestly, it's normal in sports betting, you will experience a losing streak but if you have a decent bankroll and you know how to manage it then I believe you have a chance to succeed in the long run. Keep learning as this will not gonna end soon, unless you quit yourself.

Well in my opinion that is how a gamble suppose to be you can really never say if your lucky or not or you can simply win or lose that is just a coincidence of luck even if there are many people that have a lot of winning experience than you it just works that way you ca never really predict something that is just gonna happen the possibility is zero.

I laughed at this so hard, believe me! That would surprisingly be a good idea, betting against someone that has pretty bad luck would be a good idea. Though problem is you might have been unlucky now, but what if you just suddenly became lucky. That would mean the people that bets against your own bets would be losing. Maybe you are just unlucky now, but really there is no such thing as luck. There is only probabilities and you were a lot more on the losing side.

Quality shit post right here  ;D

Seriously though, I would be interested in seeing what kinds of bets that you make, perhaps someone could even help you analyze what you're doing wrong.
How long have you been betting and losing? Are we talking about a couple of losing streaks or literally losing every game you've played for years?

You've never cashed out anything?

I do think your opening statement is much more of a shit post.

Anyway, going back to OP here. I think his thread has some sort of significance to say the least. OP is recommending to bet against his bet since he believes that his bets will always lose. But the fact is that it could have just been a coincidence that you kept on losing. There might come a time that you will win more than you lose and that would lead to your initial findings to be false and opposite. I don't think that any gambler will forever be on a losing streak, since it is just all about statistics and math.

Superstitious. Why don't you change your bet at the last moment if you really believe contradicting your bets would be a good idea? That would make it a lot easier and profitable for you right?

The best way to get good odds is to bet against other people, and not against the house.
Prediction market sites such as fairlay.com, are basically offering bets against other people in the world, and they usually don't even charge a fee for some bets, so you are basically betting without an house edge.

If you tend to bet a lot I think that it could be your best solution as you won't lose money at the long run due to house edge.

You know, you could do it yourself.
First find games you think you could win and then bet opposite if you think that it will help you.
To be honest i did that one time several years ago, when everyone was betting on UEFA(who remembers that crazy UEFA day when all matches went in bettors favor), i was looking for surprises and I was the only one who lost bets  ;D If you are jinxed nothing can help you  ;D

I feel like same is happening with me, so if you bet on team A and i bet on team B... It's the draw then? :D

You should just make small breaks after you lose or after you win. this way you won't rush your bets and you'll think more about them. It helped me to increase my winnings, as i can remember that i id some really stupid bets before only because i wanted to bet money faster.

When misfortune is approaching us, whatever we do, it seems we do it wrongly. I felt it too sometimes and it made me like a crazy person when it happened. In such conditions it would be better if we pause our gambling activities, if possible!

Overall it's depends on what type of gambling do you play. Just preparing the loss before gamble and consider winning as the bonus.
In my experience, if I keep losing, I changed my play method so I changed my luck for better results

If you are losing so much try to follow some tipsters, not just to follow pay for their premium tips and you can have some good profit from that. I never paid for premium tips, but when I choose games I wish to bet I search here and on some other places what other people suggests for same games, comparing my bets with their is helping me to make some profit. If you know that your bets are always wrong, then why don't you try to bet always for opposite from what you think will happen, try it and share with us your results.

If you are losing a lot of money because of gambling, you should consider quitting or just controlling your addiction. Gambling addiction is not good because there's a high risk that you might end up losing all your money or even your properties just because of gambling addiction. We all know that it is not easy to break a bad habit, however, if it will ruin your life, you should consider that quitting would make your life better.

Most of gambling games are all based on pure luck. However, if you are referring to sports betting, you should make a good analysis so the odds of losing is lesser. You can use analysis in some games ,however, remember that gambling is risky. That is why you should just gamble with the amount of money that you can afford to lose.

i'm interested about OP statement that he does not ever made money from placing bets but i think this slightly weird for me because at least once for a lifetime during a gamble people will experience to won however there is no better odds for your bets because it depend on your luck and although you bets at high odds and if you're lucky then possibly to won your bets

What you think might be correct that you are jinxed and what ever bet you made will lose but this is not only happening to you, what if someone  do what you want someone bet opposite of your bet but that someone is also jinxed for example me this week i kept on losing every bet i make in any sports. I think we are losing not because we are jinxed but we are losing because we just pick the wrong team at that time.

yeah, lol! I am trying to imagine two unlucky people betting against each other. My guess is that the unluckiest one, with worse karma will lose. Anyway since making the first post, I am yet to place a bet.  I contemplated backing Chelsea against Liverpool and the draw, but I abstained. Good thing I did because I would have lost! - The plan is to bet in the next round of games, midweek I think. My pick will be Spurs to beat Leicester or draw at least, Ill update this post with my coupon when its done.

The problem with this theory is that you’re assuming that for every loser there can be a winner. And you are assuming that you can improve your odds by finding the right strategy.

For games of chance like dice, there isn’t a winner for every loser because the house takes a cut of the money in the form of about 2 to 3 percent of the dice rolls. That leaves 97 to 98 percent for the players. Basically you have around a 48% chance of winning and a 52% chance of losing. So basically for every 48 winners, there’s about 52 losers.

The second point unfortunately isn’t true either as far as I can tell. Betting strategies can’t increase odds of winning. You will eventually lose no matter the betting strategy because you will eventually run out of money after a string of losses. Believe me, I have tried a bunch of different betting strategies.

What you betting on ? What kind of sports ? While I do prefer investing or trading instrad of gambling on online casinos I don't know if you'r betting on sportbooks or casinos.
Either way I recommend you to play poker or any game were skill are involved, if you don't know how to play certain kind of games, learn about them and try to crush it.
If you play agains't house there is always a lose coming your way in a long term. Hope you could stay away of gambling if your losing your money and focus on something different.

What if all of your picks right from this moment begin going your way? Countering your picks would make us bankrupt  ;)

If you're talking about general sports betting, there are tons of sites out there which offer varied odds. Making the right choice of site is also something you should focus on as you already know that odds mean everything. If you feel you're on a lose steak, just reset yourself and come back after taking a break. With a fresh mind, you can always make the right picks and get yourself going towards profit.

Chasing lose streak never is a good stragedy for gamblers. Lost will be much more than you can efford to lose and at somepoint you will get troubles with debts.

Sometimes, if you are not lucky enough to win the game no matter how small it is or big it is the same thing you experience is to lose it all. Even how many strategies you have you don't even win the game. So, quit gambling and try another one.

Thia is a joke. You're basically saying that the results of a gambling game depends on your bets. If that's the case then you yourself should be able to maximize that already. You can go on days with losing streaks and you can go on days being lucky. I'm not sure if many people would bite into this

If you think about it, when you continue to lose at a specific multiplier, then there would come a time that it would hit that one lucky number to win your bet and it's going to be hard and going to be expensive, but I think it's always on the mindset of people too. If you believe in something, then it would happen. What matters is that you should never lose hope and faith.

You should start using some form of bankroll management. This way, you allways bet only a % of your bankroll, which prevents you from going bust or tilt after a few losses.

Bankroll mangement is really the key to staying in the game.

seriously? I'm not sure if you are just playing around or what? but its really a funny idea to bring this type of thread mate, though you are unlucky according to you and you don't know how to assess better but  gambling is a game of luck and who knows when your luck will comes to you.

Sometimes I feel that betting against my self is the better option if it's a case that I'm just looking at horses and not actually putting them on then they win as soon as I put them on they lose. Majority of all betting is just luck.

when i'm newbie i also experience like yours but now i already know how to play gambling like in poker here so i win sometimes but more on lose now but i think i already learn the strategy so the chance to win is base on experience and strategy so i think play and play then think always positive,best to do if you always lose is bet with low btc then try and try it then keep in mind how you win in the game in repeat that

This is the same story I have also witnessed with my friends. When we had gone out he used to predict and majority of times it used to come correct. And when the bet used to placed those times almost every time we lost it. It is something which is very strange because same person goes wrong when the bet is placed .

You are not the only who lose all after a little  profit I do the same.Now I try to bet only 5% of my money and  I try to have a positive  win ratio.

That is the problem with gambling, you win first, you gey greedy you lose you come back again, you win but you go on on a losing streak, when it comes to gambling you have to know when to quite, and avoid getting tempted by the fact that your luck is going to change in the next turn, if you lose just stop or iyour greed will turn yo addiction, a habit that you won't be able to stop, but when it comes to sports betting i personnaly do live betting where i will put a good amount of money when i make sure that the team i am betting is wining, it is a bit risky and the profit from it is not that high, but at least it is not as risky as just putting it all in the hands of luck.

Having a limit into betting is sometimes effective. You must set a limit of your losses otherwise it will get bigger everytime you bet into something you always failed. Strategies are like trial and error. Lossing once is enough. Twice is too much. Then, you must change strategy. Though its a game of luck but still it needs common sense to revise or stop a certain method you follow.

Only smart gamblers understand this part clearly and they never chase money in gambling. They usually fix some amount for each session to gamble and they enjoy their free time with these games. But only people who want to earn easy money will think about all these methods and end up losing more money in gambling. Nothing will work in gambling in the long run.

Yeah people has a special gift that they can predict winning, those people just have a talent in prediction but also knows how to analyse the possibilities and chances of winning if you don't have those kind ability its better to stay away of gambling, really people become rich in gambling because of luck but aside from that they a special talent that they can easily predict winners.

Greed will never go from people especially form those who do not have a control on the money. I know a friend's friend who is actually keep gambling inspite of several loses considering that in the next bet he will win.  You had said rightly losing one is enough but twice is too much. But how many people will understand this so that they do not lose more in gambling?

It's funny that you said that you are a " Loser bettor"
I think that everybody are loser bettors, if you bet at the long run you will always lose as the house charges a house edge, they always have an advantage over you.
The only people who wins from gambling, are those who do 1-2 bets and go away, so they simply don't have a big losing space.


There is no strategy from breaking a lose streak, as every bet is being count by itself, which means that having a lose streak won't increase your chances to win at your next bets, many people thinks it does and they are wrong.

It would have made more sense if you have used the word ‘emotions’ rather than the word ‘money’ because greed is the wish of making more money than you have but not to control money. Controlling money is a good thing and this shows that how much saving person you are rather to show greed. This is the main reason for which the gambling is still alive in the market.

Most of the times people do gamble just to recover their losses that is the reason they do face lengthy losing streaks more often than any winning streaks. A gambler's aggressiveness and greediness will cause many problems as these are major reasons for a gambler to deviate from their initial plans of gambling for a day.

Controlling emotions is not something that can be done in an instant. We have to get used with our own way to control our mind to avoid making the wrong decision especially when we face difficult situations. Indeed this is hard but I bet we can do it!

No such actions cant really be done since we do have the power to do it in short responses the thing which is important is our awareness and realizations on particular time on playing gambling. If we did able to see things going if we are on the right mind and awareness regarding on our money management then we can eventually stop directly.Its just really  a matter of discipline and past experiences.

Betting on sports might not only depends on your luck if you know that game well and only bet on low odds but gambling in slots, dice, roulette is pure gambling and results depend only upon your luck.

Everybody who keep betting after winning small amount of money will eventually loss at end. 

You can adjust your odds in certain types of games. One of the most famous games that odds can be adjust is the Dice Game you can play in the majority of Bitcoin gambling sites out there. Of course by putting the odds in your side you are decreasing the payout rate you will receive but it is up to you as it seems that you are really on a losing streak it will be better off winning little by little of what money you have put it.

I don't think it has anything to do with the bookie or even your luck, it may be you who's taking a bad approch to gambling. I mean if you always look for high odds and pick them hoping to get rich quicker it won't really work you know that right ?  Betting on sports is less luck based and more logical so you should always do your homework on the teams playing and not which bookies odd is better.

If you feel that you have been jinxed, the best thing to do is to completely stop gambling even for a very short time, some people believe in this kind of thing and that is why they keep losing all the time whiles others simply declare it to be superstition.

meh mate, im not good at sports beting kind, i allready give up for it. i love dice game and all kind of table game i think i can do some trick in it and that kind of gamble dont take long time not like sports betting where you need to wait like a hours or more for game to be finish.

Well trick on dice? i wish you all the  best because you can only win by chance and nothing more,. Sports betting on the other hand offers you the opportunity to make informed decisions with you chosen games and stand a chance against the house by using either statistical analysis of their previous games and their outcomes and the happenings around the teams or players involved.

Best losing streak strategy is to make a pause.
You should lose when gambling, that will mathematically happen whatever your basic strategy is. So you should at least be able to manage your emotions when you lose and the best way to do it is to prevent yourself from tilting by stopping everything for a few minutes.
Stop thinking, get away from your computer and just don't do anything for 15 minutes. That's the best way to not continue raising the bets in a stupid way just because you react impulsively saying "there is no way this losing streak will continue"

I totally agree with you, there's the need  for an immediate pause whenever you find out you are losing consistently so that you give yourself the chance and time to reflect and come back with a cool head and continue at a later time.Not knowing when to pause and stop a game is the reason many are languishing in addiction today.

Exactly, if you are in a losing streak most likely you will get emotional and being emotional will make you illogical. You always need to have a great risk management in gambling.

You can still lose from that tactic.
Not all games are rigged for you to lose.
Basketball for example. Your bets are just a small number of what the bets are outside or how much it is.
So the game will not be cheated even if you want it to.

I do bet on the losing side because there is more profits from the odds. But dont go betting all your money, just a little to where you could still feel a win.