Bitcoin Forum
June 17, 2024, 02:04:29 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Poll
Question: If your bankroll is 0.01BTC, when will you stop and withdrawn until your balance reach to...
0.01 BTC (I never Gamble, so why you are here?) - 13 (6.4%)
0.02 BTC (x2 is okay for me) - 66 (32.5%)
0.05 BTC (Just hv some luck, time to run away) - 32 (15.8%)
0.10 BTC (No problem, easy task for me) - 28 (13.8%)
0.50 BTC (I am legend) - 22 (10.8%)
0.00 BTC (never withdrawn until I lost) - 42 (20.7%)
Total Voters: 203

Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 »
  Print  
Author Topic: How greedy you are? When will you stop and withdrawn?  (Read 18571 times)
bitbaby
Hero Member
*****
Offline Offline

Activity: 812
Merit: 1000



View Profile WWW
July 17, 2015, 05:24:31 AM
 #41

I mostly go for x2 and if I reach that in a small amount of time then I withdraw the deposit amount and play with the profit and try to x2 that but even doubling the deposit is not so easy, especially at dice.

letyouearn
Legendary
*
Offline Offline

Activity: 1722
Merit: 1014



View Profile
July 17, 2015, 05:28:22 AM
 #42

Luckly I won a big amount of btc before 6 months. But , because of my shitty greed, I lost my all bitcoins near about 30 btc.

Wow, 30 BTC is a big amount, which type did you gamble?
I think casino or sportsbet?

I think better keep at least 30% of your winning, and use those 70% to play again.

I was playing on satoshimines . But unfortunately , because of my greed, I lost my all bitcoins. Now I have decided not to play anymore and whenever I get any amount of btc , I will exchange them to fiat currency instantly. This strategy will really help me to avoid gambling my money.

░░▄▄███▄▄
██████████
████
█████░░░░
██████████▄▄██████▄▄
███████████████████████▄▄
████
█████████▀▀███████
██████████████░░░░░████
████
█████████▄▄███████
█████
█████████████████
█▀▀
████
███▀▀███████▀▀
████
░░░░░████▀
███████▄▄▄▀▀

░░▀▀███▀▀
..CPLAY - IDO.████████████████████████████████████████████████████████████
.
   O N E   E C O S Y S T E M   F O R   A L L 
Y O U R   C R Y P T O   N E E D S
.
███████████████████████████████████████████████████████
.
A P P   S T O R E
W A L L E T
A D S T A T I O N
2 F A   S H I E L D
▄▄▄███████▄▄▄
▄▄█████████████████▄▄
▄███████████████████████▄
███████████████████████████
████████████████████████████
██████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
███████████████████████████
▀███████████████████████▀
▀▀█████████████████▀▀
▀▀▀███████▀▀▀
subSTRATA
Legendary
*
Offline Offline

Activity: 1288
Merit: 1043


:^)


View Profile
July 17, 2015, 06:00:47 AM
 #43

For me, long term target is being a Chinese Yuan billionaire, own a Ferrari, Lamborghini and Maserati.  Grin  To be this fucking rich, I have to make over 1000X+ to achieve my goals. Currently my salary after paying taxes and spending living expenses is about 1800 USD, need to be more diligent to be ridiculously rich.  Grin  So long term for my gambling goal is over 1000X.

I have earned over 8000 USD from gambling, most of them is from dice, and others made from blackjack, texas holdem, sports betting, and I know when to be greedy and when to withdraw money, it is a skill and an instinct.

you forgot to add a yacht to your list Smiley but if you want to head in that direction, becoming a big time poker player might be good for you; ive seen poker addicts that live at the casinos (RL), and i have to say, they go through a rather large bankroll comfortably on a daily basis.

yeah you are right, I am playing in betcoin poker GTD now, 5.5 USD entry fee, and I am the chip leader, the winner will get 44 USD prize.

EDIT: Finally, I got the runner-up and the prize is 25.3 USD, good though, about 5X investment.  Grin Cheesy

hey thats good! i dont have the time or interest to get experienced at poker, but if you keep going and successfully play in the bigger rooms, you'll surely make money in the long run. just keep in mind that luck is still a factor in poker, so dont get too discouraged if you lose.

theres nothing here. message me if you want to put something here.
bajing
Legendary
*
Offline Offline

Activity: 1176
Merit: 1001


The most Professional Cryptocurrency Casino


View Profile
July 17, 2015, 06:07:26 AM
 #44

i will stop when i hit  2x or 3x then i will withdraw my balance

FORTUNEJACK.COM[
                            
9 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
          
]
rivoke
Legendary
*
Offline Offline

Activity: 924
Merit: 1006


View Profile
July 17, 2015, 06:19:11 AM
 #45

Just make 2x from initial balance will be save me from lossing but sometimes I try to win big so I set on low chance to get big multiplier result.
For example : just bet on luckybit with BTC 0.002 with red line , you will end with BTC 1 ++ profit
Maloppo
Hero Member
*****
Offline Offline

Activity: 668
Merit: 500


View Profile
July 17, 2015, 08:17:26 AM
 #46

i will stop and withdraw my balance
0.02 BTC (x2 is okay for me)
srgkrgkj
Legendary
*
Offline Offline

Activity: 1218
Merit: 1000



View Profile
July 17, 2015, 08:20:06 AM
 #47

Just make 2x from initial balance will be save me from lossing but sometimes I try to win big so I set on low chance to get big multiplier result.
For example : just bet on luckybit with BTC 0.002 with red line , you will end with BTC 1 ++ profit

I try those kind of rains from time to time too lol even multi line rains but have never hit always end up loosing but 2x is a good target Grin

ShamrockHannah
Member
**
Offline Offline

Activity: 98
Merit: 10

★777Coin.com★ Fun BTC Casino!


View Profile WWW
July 17, 2015, 09:58:57 AM
 #48

My problem is that I get impatient. Sometimes I use a bot on dice games to do martingale but get bored with low beta so end up raising it too high and losing it all.

▲▼▲▼▲▼▲▼  No.1 Bitcoin Binary Options and Double Dice  ▲▼▲▼▲▼▲▼
████████████████████████████████  sec◔nds trade  ████████████████████████████████
↑↓ Instant Bets ↑↓ Flexible 1~720 minutes Expiry time ↑↓ Highest Reward 190% ↑↓ 16 Assets [btc, forex, gold, 1% edge double dice] ↑↓
subSTRATA
Legendary
*
Offline Offline

Activity: 1288
Merit: 1043


:^)


View Profile
July 17, 2015, 10:00:15 AM
 #49

My problem is that I get impatient. Sometimes I use a bot on dice games to do martingale but get bored with low beta so end up raising it too high and losing it all.

not going to hate on martingale here, but if impatience is an issue maybe you should try taking a nap or taking a walk, maybe go to the gym while the autobet stays rolling.

theres nothing here. message me if you want to put something here.
BigMac
Legendary
*
Offline Offline

Activity: 896
Merit: 1000



View Profile
July 17, 2015, 10:25:24 AM
 #50

My problem is that I get impatient. Sometimes I use a bot on dice games to do martingale but get bored with low beta so end up raising it too high and losing it all.

If you are using a bot autobetting, you could keep it running when you sleep or leave your house. Just remember to set a limit on "number of bet" on PD or "stop if balance >" on Bitdice to prevent it to run longer than your expectation.

LFC_Bitcoin
Legendary
*
Offline Offline

Activity: 3570
Merit: 9763


#1 VIP Crypto Casino


View Profile
July 17, 2015, 10:29:35 AM
 #51

I usually bet with larger amounts than 0.01 bitcoin but from the options in the poll I went for 0.05 bitcoin because multiplying your initial stake by 5 x is good enough in any situation. If I knew I could multiply my money by 5 x in all walks of life I'd be doing it non stop Grin.

You have to know when to walk away & 5 x your stake is a great position to do that rather than risking it & losing everything. I'd class myself as a moderate risk taking gambler. I'm not boring but I'm not 'all in or nothing'.

.
.BITCASINO.. 
.
#1 VIP CRYPTO CASINO

▄██████████████▄
█▄████████████▄▀▄▄▄
█████████████████▄▄▄
█████▄▄▄▄▄▄██████████████▄
███████████████████████████████
████▀█████████████▄▄██████████
██████▀██████████████████████
████████████████▀██████▌████
███████████████▀▀▄█▄▀▀█████▀
███████████████████▀▀█████▀
 ▀▀▀▀▀▀▀██████████████
          ▀▀▀████████
                ▀▀▀███

.
......PLAY......
n2004al
Legendary
*
Offline Offline

Activity: 1134
Merit: 1000


View Profile
July 17, 2015, 10:35:27 AM
 #52

I rarely bet and rarely play at online casinos because I don't believe in those. So some time I play poker and that's all. But if I would play for sure my main aim would be to have my money and to play with the profits. So, in the moment I have some profits that can allow me to go ahead with the game I would withdraw my money and will continue to play with the profits.

It is uncertain what I will do if I will earn to much money. Maybe I will decide in the moment I would have those.  Wink
DiscoverCebu
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


View Profile
July 17, 2015, 01:42:17 PM
 #53

Well I never actually start betting until I manage 0.01(not from my funds, but from faucet or other stuff). And never withdrew until I got to 0.1.
enhu
Legendary
*
Offline Offline

Activity: 2492
Merit: 1018


View Profile
July 17, 2015, 01:55:02 PM
 #54

Will only withdraw if i probably got tired else never.  IF i play, that btc is just the extra and intended for throw away.  Grin

██████████ BitcoinCleanUp.comDebunking Bitcoin's Energy Use ██████████
██████████                Twitter#EndTheFUD                 ██████████
sana9821
Sr. Member
****
Offline Offline

Activity: 420
Merit: 250



View Profile
July 17, 2015, 02:37:06 PM
 #55

i am not greedy at all, if i play for small profit i do it and then stop because i know if i will keep on going i will most probably loose so thats why

wearehatetherules
Full Member
***
Offline Offline

Activity: 195
Merit: 100

★YoBit.Net★ 200+ Coins Exchange & Dice


View Profile
July 17, 2015, 02:41:06 PM
 #56

i never stop play until i get 10x from my little capital bet.
for example i start play from 0.02 and i finished at 0.2 or finished at 0 once a day.
so what do you think about my greedy?

Wendigo
Legendary
*
Offline Offline

Activity: 2604
Merit: 1036



View Profile
July 17, 2015, 05:38:16 PM
 #57

I usually bet with larger amounts than 0.01 bitcoin but from the options in the poll I went for 0.05 bitcoin because multiplying your initial stake by 5 x is good enough in any situation. If I knew I could multiply my money by 5 x in all walks of life I'd be doing it non stop Grin.

You have to know when to walk away & 5 x your stake is a great position to do that rather than risking it & losing everything. I'd class myself as a moderate risk taking gambler. I'm not boring but I'm not 'all in or nothing'.

Isn't bankroll management more important than having a x? target multiplayer of your stake? Because if you don't manage your consecutive bets in the best possible way it could lead to a bust.
Patatas
Legendary
*
Offline Offline

Activity: 1750
Merit: 1115

Providing AI/ChatGpt Services - PM!


View Profile
July 17, 2015, 06:02:47 PM
 #58

X2 is enough for me , whenever I doubled my coins on dice sites, I always stop and withdraw the profit I earned but sometimes I go for x10 , just to add some thrill to my roll Grin
CarlesPuyol
Legendary
*
Offline Offline

Activity: 1148
Merit: 1000



View Profile
July 17, 2015, 06:05:20 PM
 #59

I just earned 50% of my investment and cashed out with profit.
Its a nice way to finish the day.
Xialla
Legendary
*
Offline Offline

Activity: 1036
Merit: 1000


/dev/null


View Profile
July 17, 2015, 07:05:19 PM
 #60

X2 please..

I'm still somehow addicted to watching others playing (and their high rolls) and considering this experience, I really have to recommend X2, withdraw, run away and forgot that you ever played..

regarding this gamblers greedy behavior, check this:

Gambler's conceit: https://en.wikipedia.org/wiki/Gambler%27s_conceit

Gambler's fallacy: https://en.wikipedia.org/wiki/Gambler%27s_fallacy

Gambler's ruin: https://en.wikipedia.org/wiki/Gambler%27s_ruin

this should be read by anybody, who is considering to gamble before he send money and actually starts:)

Quit while you’re ahead. All the best gamblers do.

Baltasar Gracián y Morales
(1601-1658 Spanish jesuit, philosopher)


Pages: « 1 2 [3] 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!