345
|
Economy / Gambling discussion / Re: This person made $500,000 with gambling and lost it all within 60 seconds!
|
on: November 20, 2018, 01:34:06 AM
|
The story is from about almost 5 years ago but this is 100% relevant to 2018 or 2019 or many years to come, you can read it here: https://www.reddit.com/r/IAmA/comments/1ch7wb/starting_with_almost_nothing_i_made_almost_500000/In short version, he gambled on Bitcoin, made $500,000 - and lost it all later on, he then continued to gamble in Roulette and other games, and ended up with $50,000 in debt. By the way, This is not only related to Bitcoin or Casino Games - if you think Sports betting is different think twice after reading this:https://www.psychforums.com/gambling-addiction/topic182379.htmlThis person lost over $300,000 within 48 hours, all because of sports betting, he had bets on tennis, basketball, soccer - you name it. And there are many more stories to read such as this: https://www.reddit.com/r/problemgambling/comments/4pzgmu/i_just_lost_140000_in_5_minutes/Moral of the story - you can never be rich with gambling, and even if you end up being "rich" - you would lose the whole lot in no time ... only the house wins because the house has an edge.
A coin has 2 sides. Your moral of the story is not universal. Nice story though.
|
|
|
|