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Author Topic: My Journey: Can I Win Gambling?  (Read 5313 times)
adaseb
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May 11, 2015, 06:40:41 AM
 #161

Okay, so today went pretty well.

I decided to take a small session at safedice.com, with an initial deposit of 0.005 BTC.  To be honest with everyone who has been following this thread, I wasn't that disciplined in today's Safe Dice session, because I have been able to double my money on my last two sessions there. I got up to 0.007 BTC, or a little over (I can't quite remember) but I didn't walk away then, which is what I should have done. I ended up losing my deposit for that session, but a few hours later, I was able to gain it back like this:

I deposited 0.01 BTC to betcoin.ag from a separate wallet than the one that is public on this thread, because I was planning to play a little bit of poker with it. I ended top playing a few minutes of Micro stakes on Betcoin Poker, and I lost 0.001 BTC (I'm not that good at poker  Smiley ). I then decided to go to the Betcoin Casino, and I was able to go from 0.009 BTC to 0.018 BTC in a few minutes.  A few minutes ago, I went back and had another session, and I went from 0.018 BTC to 0.025 BTC. So my profit for the day is a little over 0.015 BTC after fees.

Betcoin.ag's withdrawals aren't instant, so I should get the coins in my wallet in a couple of hours. I'll put the 0.01 BTC back into my other wallet (which is not public) and the other 0.015 BTC will go into the wallet that everyone watching this thread can follow.

I have definitely had a stroke of good luck in the past 2 days or so, and we all know what happens when you get too greedy after doubling your deposits a couple times, and even tripling it once.  So I really have to buckle down at this point in the journey, and get really disciplined.

Another solid proof that people cant stop their greed into getting more from gambling. This post is made less than 24 hours after you posted this one

I think I'm going to take a break from sessions for a day or two, because after 4 days, I have a profit of 0.02394 BTC, which is over the 1% or less I was planning on getting per day.

You may be lucky this time but this serve as a another proof which might be the beginning for you to lose even more because you cant control neither your emotions nor your greed . This is perhaps the reason on why you lost alot of BTC before you started this thread.

P.S : you cant stay lucky forever

Yes and for reasons like this is why you should just gamble for fun. Don't take it too seriously and you will be fine.

There are many people here who are gambling just way too much money into dice,.

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May 11, 2015, 11:30:31 AM
 #162

Okay, so today went pretty well.

I decided to take a small session at safedice.com, with an initial deposit of 0.005 BTC.  To be honest with everyone who has been following this thread, I wasn't that disciplined in today's Safe Dice session, because I have been able to double my money on my last two sessions there. I got up to 0.007 BTC, or a little over (I can't quite remember) but I didn't walk away then, which is what I should have done. I ended up losing my deposit for that session, but a few hours later, I was able to gain it back like this:

I deposited 0.01 BTC to betcoin.ag from a separate wallet than the one that is public on this thread, because I was planning to play a little bit of poker with it. I ended top playing a few minutes of Micro stakes on Betcoin Poker, and I lost 0.001 BTC (I'm not that good at poker  Smiley ). I then decided to go to the Betcoin Casino, and I was able to go from 0.009 BTC to 0.018 BTC in a few minutes.  A few minutes ago, I went back and had another session, and I went from 0.018 BTC to 0.025 BTC. So my profit for the day is a little over 0.015 BTC after fees.

Betcoin.ag's withdrawals aren't instant, so I should get the coins in my wallet in a couple of hours. I'll put the 0.01 BTC back into my other wallet (which is not public) and the other 0.015 BTC will go into the wallet that everyone watching this thread can follow.

I have definitely had a stroke of good luck in the past 2 days or so, and we all know what happens when you get too greedy after doubling your deposits a couple times, and even tripling it once.  So I really have to buckle down at this point in the journey, and get really disciplined.

Another solid proof that people cant stop their greed into getting more from gambling. This post is made less than 24 hours after you posted this one

I think I'm going to take a break from sessions for a day or two, because after 4 days, I have a profit of 0.02394 BTC, which is over the 1% or less I was planning on getting per day.

You may be lucky this time but this serve as a another proof which might be the beginning for you to lose even more because you cant control neither your emotions nor your greed . This is perhaps the reason on why you lost alot of BTC before you started this thread.

P.S : you cant stay lucky forever

Yes and for reasons like this is why you should just gamble for fun. Don't take it too seriously and you will be fine.

There are many people here who are gambling just way too much money into dice,.
Totally agree with you, I never gambling to much and just for fun, but it's hard for people to control their lost.
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May 11, 2015, 02:08:38 PM
 #163

Any profits won from gambling is illusionary if you do not stop gambling.
The house edge will make you lose btc in the long run.

     

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fox19891989
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May 11, 2015, 02:16:52 PM
 #164

Any profits won from gambling is illusionary if you do not stop gambling.
The house edge will make you lose btc in the long run.

yes, it's the truth, so does trading bitcoin, altcoin and stock, future.

Last year once I earned 70k USD from altcoin, but I didn't sell them to fiat, and finally it was crashed, and in the end I lost my principal, which was 6k USD, it is a very sad story, and I hurt a lot from that, so every speculation, investment are all gambling, and if we do not stop gambling, we are very possible to broke very easily, although we may have earned a lot from gambling, so guys, let's enjoy the profits, don't gamble in the long term, the house is always having high house edges, which make them rich and us broke. Angry
BillyBobZorton
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May 11, 2015, 03:50:28 PM
 #165

I tend to have bad luck with straight gambling, so I limit my gambling to a couple a month to test my luck, the rest of the gambling is basically trading, trading is still gambling but you have 50% chances of going up and down, less risky.
tjh11 (OP)
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May 11, 2015, 04:06:47 PM
 #166

After losing 0.01 BTC yesterday, I am up around 0.024 BTC for the journey. It's time to take a 2 day break.  I'll update everyone on the next session in 2 days!
arallmuus
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May 11, 2015, 04:25:04 PM
 #167

Okay, so today went pretty well.

I decided to take a small session at safedice.com, with an initial deposit of 0.005 BTC.  To be honest with everyone who has been following this thread, I wasn't that disciplined in today's Safe Dice session, because I have been able to double my money on my last two sessions there. I got up to 0.007 BTC, or a little over (I can't quite remember) but I didn't walk away then, which is what I should have done. I ended up losing my deposit for that session, but a few hours later, I was able to gain it back like this:

I deposited 0.01 BTC to betcoin.ag from a separate wallet than the one that is public on this thread, because I was planning to play a little bit of poker with it. I ended top playing a few minutes of Micro stakes on Betcoin Poker, and I lost 0.001 BTC (I'm not that good at poker  Smiley ). I then decided to go to the Betcoin Casino, and I was able to go from 0.009 BTC to 0.018 BTC in a few minutes.  A few minutes ago, I went back and had another session, and I went from 0.018 BTC to 0.025 BTC. So my profit for the day is a little over 0.015 BTC after fees.

Betcoin.ag's withdrawals aren't instant, so I should get the coins in my wallet in a couple of hours. I'll put the 0.01 BTC back into my other wallet (which is not public) and the other 0.015 BTC will go into the wallet that everyone watching this thread can follow.

I have definitely had a stroke of good luck in the past 2 days or so, and we all know what happens when you get too greedy after doubling your deposits a couple times, and even tripling it once.  So I really have to buckle down at this point in the journey, and get really disciplined.

Another solid proof that people cant stop their greed into getting more from gambling. This post is made less than 24 hours after you posted this one

I think I'm going to take a break from sessions for a day or two, because after 4 days, I have a profit of 0.02394 BTC, which is over the 1% or less I was planning on getting per day.

You may be lucky this time but this serve as a another proof which might be the beginning for you to lose even more because you cant control neither your emotions nor your greed . This is perhaps the reason on why you lost alot of BTC before you started this thread.

P.S : you cant stay lucky forever

Yes and for reasons like this is why you should just gamble for fun. Don't take it too seriously and you will be fine.

There are many people here who are gambling just way too much money into dice,.

I'll tell you what. Gambling is fun only if you win, no matter if it is a small or a big amount but if you kept on losing , then it is no fun at all and stressing. That is the main reason why people cant control their emotions while they are stressing or angry which lead to deposit more to try to recover the loses

After losing 0.01 BTC yesterday, I am up around 0.024 BTC for the journey. It's time to take a 2 day break.  I'll update everyone on the next session in 2 days!

Hope you keep up with your word this time, you have broke your word twice in 1 day

R


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GannickusX
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May 11, 2015, 05:18:43 PM
 #168

I still dont see how taking a break would help you at all, is not like you have to use your brain to bet or something, why not just bet 1 day a few hours, you would probably just lose or make a little fortune
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May 11, 2015, 05:27:04 PM
 #169

I still dont see how taking a break would help you at all

Clear up your mind is a good thing to do sometimes. He is "resting" because he made a lot more profit than what he should have made. If you read on this entire thread and his "determinations" you can clearly see that he only aimed for a small protion of his bankroll each day but fortunately he made a lot more and doubled up every of his deposits (though he broke his words twice in a day )

is not like you have to use your brain to bet or something

You have to use it, otherwise your body wont work

P.S : we do need to make a bet with our body which is controlled by our brain  Cheesy


R


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magicmexican
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May 11, 2015, 08:29:30 PM
Last edit: May 13, 2015, 09:18:59 AM by magicmexican
 #170

I still dont see how taking a break would help you at all

It wont, its just his superstitions, logical fallacies and delusions


Clear up your mind is a good thing to do sometimes.

It doesnt matter if his mind is "clear" or not. A drunk monkey or a betting script would have the same EV on each bet as OP does, because he is not playing poker or betting on sports, he is rolling a dice.

The only thing that will change as a result of his 'discipline' is the time that he will need to go bankrupt.

 It does not really matter if he would gamble 24/7 or just aim to get a little profit every day. He can roll the dice recklessly or carefully, the end result will be the same. I'm not talking about the things to come. His demise is inescapable. It's an event of the past.
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May 11, 2015, 10:42:46 PM
 #171

whats ops total loss at this moment or are you up?
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May 11, 2015, 10:48:38 PM
 #172

After losing 0.01 BTC yesterday, I am up around 0.024 BTC for the journey. It's time to take a 2 day break.  I'll update everyone on the next session in 2 days!
I read this thread and I still don't know if you want to win with gambling addiction and quit completely or just win more money than you lose while being moderately active gambler at the same time.
I've seen similar topics and statements from people who thought that they can tame their gambling needs and from what I could see it is hell of a hard task.
From my experience I can tell that the best way is to quit gambling for a while. 3-6 months would be nice, and then if you still would be in need of betting money - then lower your bets significantly.
tjh11 (OP)
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May 13, 2015, 09:50:09 PM
 #173

I've decided to quit while I'm ahead. This journey is over...for now. If anyone knows any good tipsters, let me know. I'm looking to make a long term profit betting on sports.

Thanks everyone!
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May 13, 2015, 10:04:36 PM
 #174

I've decided to quit while I'm ahead. This journey is over...for now. If anyone knows any good tipsters, let me know. I'm looking to make a long term profit betting on sports.

Thanks everyone!

You seems to be contradicting your own words there. You are stating that you decided to quit but on the other hand, you are looking for a good tipster for sports betting. Point is once you are a gambler then you will be hard to control your greed and emotions in winning more .You might say that you want to stop but deep down you will always want to earn more from gambling

If you are looking for tipster then you could check on this user, basically I wouldnt say that he is good because some of his picks are quite "lucky" this few days but still he is still the best currently around here https://bitcointalk.org/index.php?topic=881042.0

R


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unholycactus
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May 13, 2015, 10:27:25 PM
 #175

I've decided to quit while I'm ahead. This journey is over...for now. If anyone knows any good tipsters, let me know. I'm looking to make a long term profit betting on sports.

Thanks everyone!

Look at picks made by knowledgeable people or be knowledgeable yourself.
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May 13, 2015, 10:39:32 PM
 #176

My cousin watched a roommate of his win big on some online gambling site about ten years ago, he had never gambled before but now has become a full-blown gambling addict. What is the worst part is he is in total denial and unlike a drug abuser, can lose hundreds a day whereas a drug addict would die if they did that much dope. First it was the online gambling, then the poker rooms, next a "friend" took him to a game room and that was his big thing, it just keeps going on and on and he justifies it and will say "well, I'm not playing poker anymore" but he is back to the sport's betting...it is just bad.
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May 17, 2015, 03:21:45 AM
 #177

My cousin watched a roommate of his win big on some online gambling site about ten years ago, he had never gambled before but now has become a full-blown gambling addict. What is the worst part is he is in total denial and unlike a drug abuser, can lose hundreds a day whereas a drug addict would die if they did that much dope. First it was the online gambling, then the poker rooms, next a "friend" took him to a game room and that was his big thing, it just keeps going on and on and he justifies it and will say "well, I'm not playing poker anymore" but he is back to the sport's betting...it is just bad.

Maybe recommend your friend to this site:

www.gamblersanonymous.org

It's a site to help people stop gambling.
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May 17, 2015, 04:02:10 AM
 #178

Goodluck but the chance of you profiting long term is nil.
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