Bitcoin Forum

I have seen a lots of gamblers recently making consistent huge loses in gambling especially unregulated gambling which result is not even determined by the gambling sites or individual efforts but by nature like sport bets like football, Tennis, Basket ball etc. One could say that a bet is being manipulated especially for games which results are regulated by gambling sites and casinos.

Sport bets results are never regulated/determined by gambling sites but I still see individual gamblers making quite a huge losses in sport gambling which I believe it's abnormal to me and there is need to have a rethink after much losses.

Could this be normal for one to be having consistent losses in sport betting when result is not even determined by betting platforms? I have been reasoning of what could be the reason of such losses or could it be as a result of less knowledge in a particular sport.

What are you implying? We are talking about gambling and it's normal for a gambler to loss multiple times since he is making a bet especially if consistently picking bet with higher odds. Many gamblers tends to bet on risky bet to have a huge gain for a short period time but luck of knowledge in sports betting will put player in to disadvantage because he is just basing his bet base on odds offer by the casino. I sometimes pick a risky bet whenever the odds is pretty good for a team or player that has a potential to turn the table around but it doesn't that I will lose consistently by doing that.

Because in the long run, the house always wins?

That is just the cold hard truth. The fact of the matter is that even for events whose outcomes are not determined by the house, the house will always have an advantage over the players through the odds that they set.

You should know this as the gambler. Go in with the mindset that you're going to lose - and you are, over the long run.

I do think that such platforms don't usually have something that might influence the outcome of a bet but rather the people have bad luck or a streak going on therefore at the end of the day they should be really careful while placing bets. I do think the reason people loose in such places is actually because of *incomplete knowledge* at the same time it's a skill that comes with *experience* therefore at the end of the day I do believe that even if the house wins at last, there is still plenty of chance to make it right, if you are careful with it.
Gamble responsibly- for the long run.

It's not abnormal though, it's the very definition of gambling, you either win or lose. Of course, we re-think of our losses, but you man up, and live to play the game the next day and hope that you can bounce back.


What can you do if the team that you are betting did lose? It's part of the game, I have losing streak of 5 losses in tennis betting. Even if I'm been betting in that sports for years, still it's hard to predict the outcome even with years of experience and analysis of the sports. For example, Djokovic who is the huge favourite in the Olympics, but he suffered one of his worst defeat in years. He is the number one player and and obviously, didn't bring home the gold for his country.

It's not normal for a gambler to be making consistent losses in bet cause the aims of gambling is to make profits and to purse that aims, one ends up in making quite a vast losses that is capable of becoming a victim of circumstances. It's okey to gamble but it's another fault when the motive of gambling is compromised. For most gamblers here, you'll feel ok when you are making losses in betting? It's normal to make losses in gambling but abnormal to be making g continuous losses.

If your aim is to make profits, then why would a person rely on something that is very unpredictable? Gambling primarily for profit has either two (2) results: either you win or you lose. Unfortunately, this method cannot guarantee any absolute profit on your end- which is why the person aiming for profit may result into a losing streak where he/she forces to make profit on an unpredictable platform.

It is not abnormal when a person is making continuous losses. I mean, that is gambling for you! If gambling has a guaranteed outcome, then everyone right now would be probably rich. You just have to accept that there are people who are luckier than others, where others win and others lose.

View my comment in general overview. It's common for player to lose consistently because if all player win consistently then Casino will not gonna offer that game since its not profitable. The reason why Casino still offering sports betting is because they gaining profit for players consistent loss. Maybe the percentage of player don't lose consistently is very low compare to the loser guys. People has a natural greed characteristic, They will never stop playing unless they loss all there money or win already too big amount whichever comes first. The casino has a house edge so losing has higher chance than winning in the long run.

Anything can happen in sports betting but between luck based and sports betting, you have a chance on sports betting but it needs time and knowledge, and insiders info to beat the odds, and sometimes upsets or unexpected things happen, there are gamblers who choose to go the other way around to hit a big jackpot and that is betting on the opposite or weak team or players, this is one of the reasons why they lose money, they prefer to gamble on their wild bet.

I think bettors at sportsbet also pay attention to the latest news from the sport that is usually chosen as a bet, losing several times is possible but consistent I think it's a little impossible unless he just place a bet without considering many things in sports bets such as odds, match history and others.

I think it's quite normal for a gambler to lose money in sports betting. There could be many reasons.

Gambler not knowing about sports
Gambler not knowing about the tournament
Gambler not knowing about the location
Gambler not knowing about the weather condition
and most importantly, Gambler having a really bad luck

There are still many factors and any one of those could result in the gambler losing the bet.
So I think it's not that big of a deal id the gambler is losing the bets. He should rather switch his focus on to some other sport.

Sports results cannot be rigged, they are 100% provably fair because you can always verify the results in any news outlet online that caters to sports news. Also, you can watch the game, maybe some games could be rig but the final score or the result is the basis of whether you win or lose.

I think one has to understand the risk in gambling, particularly in sports betting so they know what they are doing.

Sports betting depends on the kind of athletes you bet on. There are matches that are almost risk-free but there are also very risky, you're the one going to analyze what possibly could be the result of the game. So much to factor in before betting, this is why it's not good to just jump right in whichever sports that it is. You've got to be a fan and have followed the players and know their skills to analyze well. If you are a soccer fan, learn the team and the other team they are going to be playing with.

If you know the sport and you know how to gamble, that's already gambling with bets.

It starts with the basic requirement, and as a sports bettor, it's a must that you understand it before you start betting.
For some, because they know very well the sport, they think winning is easy, so when they lose money, they think they are cheated, that only shows that they came to start betting without learning the basics.

There are odds, and bookies are not foolishh to display odds that will make gambling sites bankrupt, that's a common sense.

Where can you find a gambling site that will surely secure 100% no losses, because in most cases this is surely normal, even though there is a way to getting those risks to a smaller percentage there will still be risks whether you like it or not, and we can not surely control the flow of the game even the result anything can sure happen inside the ring, and even in sports betting there will be unsure picks and all are just speculation and the thing you are saying that is abnormal, is just normal with gambling there might be some other cases that there are just small amount of people losing and there are other times that many bettors that just losing so much, and where do you get that percentage that many are losing with gambling? so if you are losing so much that is the time you will surely gamble with sense and become a responsible gambler.

I guess no one will be okay when they make losses in the betting and that is normal to see someone having consistent losses in sports betting. That is because that person lacks knowledge about the sports that he bet or he just feels too confident knowing that all data he has can give him a chance to win. He can place the bet on the sports that he knows about each team or player but that does not make him too confident about winning. If he always remembers that sometimes, the match can change in the middle of the game, he will carefully analyse the match and count every possibility that might happen in a whole match.

Those users probably know the risk they are facing or probably not, those users with big losses might not be a big losses to them. For me I think $1000 is a big losses for me but for gamblers with a balance of around $100,000 I don't think it's a huge loss.

Some gamblers really tried their luck in gambling probably because of quick money or because they want to win back their losses. I think the root of all of these were lack of knowledge and discipline.

There's really nothing abnormal about it, it happens even the favorites to win the game suffers losses and we all know gamblers love to gamble with the odds for huge winning percentage, whether you are playing luck-based games or sports betting doesn't mean that you are guaranteed to win, sometimes there is manipulation in the games and sometimes there are games that we didn't expect to happen, we have to accept the reality of gambling, you can't have it all the times.

Less knowledge is one reason. That's true. You need to fall in love with the game first or that is your sport since childhood to make better decision on what team to bet.
Being a fan of every team or following them on social media could also help. Then, there is statistics checking of every player and injury updates when it comes to sports gambling.
You just need to follow the right guys in Twitter to keep yourself updated.
Losing many time in a row happens but it always end. I think 10 losing streak will be too bad for me and I might seek help from other bettors either inside this forum or outside just to give me one win and break the losing streak.

In sports betting, say football, if you don't use your brain to deliberately use your passions, you will suffer a lot of losses, I mean this when you place a soccer, basketball or volleyball bet that you need to investigate first are:

• club one and club two and focus on the main objective of reading the situation of both the team and the field, for example: if you place a bet on the site (QQQ) you need to investigate the five histories of the two teams before you place your bet money for the team you hold.
• and then manage your money properly, for example: you have a capital of $ 100, don't you put it all at once, try to divide it for a bet of $ 10, if you win, let's say the payment from the site is 4x of your capital, try to make the next bet using money from the $30 profit you can still place 3x the bet again and you separate the initial capital of $ 100.

If you use a trick like I said, most likely you won't suffer a big loss because what you used in betting was from the initial win.

---

And vice versa, if the above trick doesn't work for you from the start you make a deposit and you lose repeatedly and keep losing, you should not gamble looking for pokemon games that don't have to deposit money or guessing games that use light bullets.

In fact, we often discuss this topic and certainly cannot be separated from gambling factors regarding self-control, emotions, gambling skills, mind control, and motivational support so that gambling is closer to luck.

Everything has been detailed from various aspects, both winning and losing gambling are no longer strange for a true gambler.

Regarding normal or not, I think it will come back to your view when risking anything just to gamble because then normal things will be judged on how much you like when playing gambling.

The Sport betting sites have people that are feeding them the "odds" ....so they know what the probability is for a win and for a loss. Most people use the "odds" to determine their bets and they chose to bet against the "odds"..because it offers a higher profit when they win. They then lose a lot of money, because they take a huge risk.

The casinos and the bookmakers know how to maintain a balance in the books by adjusting the odds as much as possible so that there is an even amount of people betting on a win or loss.  ;)

You must have knowledge about the teams you are betting upon on any sportsbook casino as that way you can determine or predict end results more efficiently.Suppose you don't know about the players background and playing style you will not be able to judge the outcomes of the match and you will loose surely.The weather conditions can change sometimes and you can't have detailed information for the same.But yes luck plays a vital role in gambling if you are lucky the odds will be on your side otherwise all factors will end up to your loss.

That's normal and is actually part of gambling. Gambling is all about luck no matter how knowledgeable we are on a certain sport of our choice. We could experience continuous losses because that's how gambling works. It isn't about winning all the time. The thing is, how we're going to control gambling if we have consistent losses. We should know when to stop if this case happens.

These days match-fixing are happening everywhere (I am not seeing all the matches but bookies are trying to manipulate results at wherever possible) hence even you are betting at a stronger team but underdog wins the match to get you losses in the end. So, against manipulated results, you cannot bet profitably.

Definitely not normal but there are possible weakness in your prediction capabilities for your betting. You must need to work on your analytical skills so that you could try to fix the actual problem. Take a break and bet in paper and then you will get idea on where you need to work on.

bettors who lose in sports betting most certainly don't have more knowledge about the team they choose or they may just be unlucky
losing or winning in bets is a natural thing, it is impossible for a bettor to win in their bets forever

if I remember, when I lost a bets, it's not because I didn't know the conditions that happened to my chosen team, it's just that I was unlucky
there is no perfect bettor, who has a perfect bet

I dont see for it to be abnormal because losses is very common on gambling field. Manipulation or rigging up of games do really happen but no one could ever tell if a certain game is fixed or not.

Gamble with sense? No matter what you do you cant still ensure on winning no matter how knowledgeable you are on particular sports.I dont know on why you do mean about determined by betting platforms

when you do lose.It doesnt matter if its regulated or not because winning chance or odds would really be just still the same.Play according into your own need in terms of entertainment
and you wont mind off nor getting stressed out.

Losses is indeed part of gambling not even you are a pro and you already equipt by knowledge that you needed with this business there still outcomes that behind your expectations.

Not even you bet with odd that will only give you 1.01 in returned means you are guaranteed to win it. Remember that you are still in gambling,

Better to accept defeats and try to work more with identifying the edge before you try betting,
knowledge helps, but then again, just go back and remember there's no guarantee.

Just as they do not know what it is going to be the outcome of a particular game the one betting in those games does not know that information either so you are on even ground when it comes to that, however casinos have algorithms that allow them to set precise odds for the chances of each team getting a win and when we pair this up with the house edge they give themselves then it is very difficult for anyone to beat them at those games despite the fact they do not control the outcome.

Well in the end sports betting is also not a safe thing to do otherwise there would be way more professional gamblers out there that would bet on sports games for a living. Of course there are bets that are pretty safe to make like when the absolute dominating team of the season plays against the club that is on the last position of the table, but even there it is possible that the underdog wins. Also if you only pick the safest of bets then you will not make much profit even if you win most of your bets, that is why a lot of gamblers combine a few safe bets into one bet which increases the potential winning but of course also makes it more likely that you don't win your bet.
If you are placing 10 bets and you are always 100% sure that the result will be as you predicted and you are always wrong then i would say it is time to take a step back and think about your sports knowledge  :D

I don't completely understand what you mean by gambling with sense, but it is a normal gambling mentality that the win comes after several or consecutive losses. That's why you see a gambler repeatedly placing a bet because his expectation is that one day soon he will get a huge win that will cover or account for his losses.

Rarely will you see an individual who has not experienced a loss in gambling or one who has had more wins than losses in gambling. It is  normal for one to experience losses consecutively. What is expected of such an individual is that if he has had a really long run of loosing, he should take a pause to reconsider his strategy.

That's the cycle, we won't be given a continuous defeat, the situation just often doesn't make us lucky to bet. I believe what is being said and is certainly an experience, and we have lost and won countless times. So while there is a lot of speculation about fairness in gambling, the occasional casino will make you lucky to be there.

In a physical casino it is a different story, there is also a lot of booze involved, especially alcohol. Then it is no longer so easy to gamble and make decisions with your full mind. Your mind is full, but with alcohol. Then see again using your wits with gambling  ;D

In this thread it is said about manipulation on gambling. I don't know how one makes it possible. From the beginning days gambling houses have got liquor store attached to it. In whatever form of sense we get into gambling, there'll be only two outcomes. One is winning the bets and other is losing. Rather than thinking about these factors it is good to go with self limits and gamblers

Because they know that liquor dulls the mind and causes people to spend more at their casino. It is unethical and should not be allowed but it is not only allowed but they encourage you with free drinks if you are spending.

Manipulation on sportsbetting is possible by fixing players to underperform. This cannot be done by gambling houses but brokers will do which will end up in unexpected results. You cannot ask a player to over-perform but leaving off a good chance will be possible when players turn greedy rather than playing for prize money or playing for country's pride.

There should be multiple reasons for that to happen. Less knowledge on new players on either side of a match also will lead to unexpected result. Hence, in gambling, even sportsbetting also might surprise you in the end similar to how most other games of casinos.

Unethical? You could always have the time or will  on refusing those drinks if you do really feel that they are really making advantage of you then you can always opt to refuse those drinks and  continue  to play.
Of  course they would really be  minding on finding ways on getting advantage because this is business and its normal  that they would  really  be  finding ways on how to make sure that they  would benefit out.
You could  always  have your own  choice and gamble with your own will  and decisions in life.

Control will always play a huge factor in securing your gambling wins and minimizing the losses you incur in the process. People oftentimes downplay its importance and at the same time the same people get to reap the seeds of their imprudence. Not only does it help you regulate your wins, the fact that it requires control allows you to keep yourself from being severely addicted to gambling, which is nothing to be laughed at as well if I were you. So all in all, not only do you need a sense of self when you're gambling, you most importantly would need to gamble with control in mind. Fixing games, are but one to a plethora of ways people can manipulate results to their favor. And of course these types of things are those we cannot be so sure of, and at the same time we cannot avoid as well, so as a responsible gambler it is your sole duty to keep tabs on yourself to ensure you're not straying too far.

Lack of knowledge and lack of experience and at times, lethargic moves, might lead to loss. Patience, enough knowledge and concentration will certainly lead to a win game. At times even an experienced, do loose their games. Get an advice of how to move about playing from an experts in the same game. As you said, get in touch with guys who are much familiar to the games winning often.

No it can't be due to poor knowledge, underdogs usually carry high odds then even if you bet on the worst team or player each time you will get big winnings when he/they will win. So to get huge losses in sport betting you need to encounter a long unexpected losing streak or to increase your stake by large amounts without worrying about your bankroll.