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Author Topic: How much can u lose with gambling?  (Read 27685 times)
moppang
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May 08, 2016, 01:59:49 AM
 #221

You can loose as much as you go in with. I once made one year ago $200 from 200 satoshis in a few seconds, won the 9900x pot within the first try and then tried 25x all in. Good old days........ I busted all trying martingale, starting with 2 satoshis, FIRST TRY. I lost all of it. One day I had $200 within seconds, the next day i lost my winnings as fast as I got them. RIP.

Bet safe.

Your story reminded me about my game - it happens around three years ago (not with Bitcoin but with real money) in online casino from 100 euro in 1 hour managed to win 1200 euro .. .. I was completely crazy! In next few hours I lost this 1200 euro, and another 1000 euro of my savings .. that's my greatest loss in life! Sad old times ..Wink

Its a great profit from 100 to 1200 euro, i never win like that. Just remind, playing in gambling dont be gready
You know when you stop to play it. You have already win 1200 but you do not stop it. I think its not good idea.

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May 08, 2016, 02:57:43 AM
 #222

You can loose as much as you go in with. I once made one year ago $200 from 200 satoshis in a few seconds, won the 9900x pot within the first try and then tried 25x all in. Good old days........ I busted all trying martingale, starting with 2 satoshis, FIRST TRY. I lost all of it. One day I had $200 within seconds, the next day i lost my winnings as fast as I got them. RIP.

Bet safe.

Your story reminded me about my game - it happens around three years ago (not with Bitcoin but with real money) in online casino from 100 euro in 1 hour managed to win 1200 euro .. .. I was completely crazy! In next few hours I lost this 1200 euro, and another 1000 euro of my savings .. that's my greatest loss in life! Sad old times ..Wink

Its a great profit from 100 to 1200 euro, i never win like that. Just remind, playing in gambling dont be gready
You know when you stop to play it. You have already win 1200 but you do not stop it. I think its not good idea.
Achieving that is very hard you need to have an extra luck to gain that kind, only few can have a good profit in gambling I was once won $500 by betting on parlays in sports betting but I turned it back to the sportsbook by regularly gambling. Anyway if you just enjoy gambling then you would not mind your losses.

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May 08, 2016, 03:52:53 AM
 #223

it is difficult to explain in detail. but I have a max loss in 1 day 0.05. so if I lose 0.05 in a day I would stop and continue tomorrow, because I think it would be bad if I keep playing.




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May 08, 2016, 09:30:50 AM
 #224

it is difficult to explain in detail. but I have a max loss in 1 day 0.05. so if I lose 0.05 in a day I would stop and continue tomorrow, because I think it would be bad if I keep playing.

Well on every ones perspective it's a bad idea to keep playing and loosing big amount. It's much better to think again the next day, maybe on that day your lucky and get back your losses. But well, it depends on the person if he/she is having fun or just looking for fast money.
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May 08, 2016, 09:37:41 AM
 #225

it is difficult to explain in detail. but I have a max loss in 1 day 0.05. so if I lose 0.05 in a day I would stop and continue tomorrow, because I think it would be bad if I keep playing.

How long have you been playing like this? Because everybody seems to set a limit because when you are on "tilt" its very easy to break your own rules.

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May 08, 2016, 09:59:10 AM
 #226

This is opposite from topic "How much can u win with gambling?". Well I`m on zero again, I`m looking how much I can win with gambling but actually I`m tryin to calculate how much can i lose. It`s always small amout`s but after many times this several small amount`s becoming one big one. There is some crazy stories on internet about people that have it all in one moment...
http://www.telegraph.co.uk/men/active/mens-health/10976770/Online-gambling-how-I-lost-my-wife-children-and-750000.html
And this guy started  with almost nothing and made almost $500,000 gambling with Bitcoin, then he lost it all in about 60 seconds. https://www.reddit.com/r/IAmA/comments/1ch7wb/

So pretty simple question, how much can YOU lose with gambling?

Wow! What a story! Although it was from 2013 I never heard about it and it was a very interesting read. And the comments also add a lot IMO. I would recommend it to anybody who is going to start gambling. Read the story first and only then gamble at your own risk.

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May 08, 2016, 10:23:04 AM
 #227

it is difficult to explain in detail. but I have a max loss in 1 day 0.05. so if I lose 0.05 in a day I would stop and continue tomorrow, because I think it would be bad if I keep playing.

How long have you been playing like this? Because everybody seems to set a limit because when you are on "tilt" its very easy to break your own rules.
I like the discipline that you set your daily limit which most of the gambler cannot do it, if they win they want to seize the moment and if they lost they chase their losses cause they don't wanna stop losers. Sometimes we tend to forget that there is still another on the way we play, we love to go all in sometimes and resulted to unfavorable results.

 
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May 08, 2016, 02:00:37 PM
 #228

it is difficult to explain in detail. but I have a max loss in 1 day 0.05. so if I lose 0.05 in a day I would stop and continue tomorrow, because I think it would be bad if I keep playing.

How long have you been playing like this? Because everybody seems to set a limit because when you are on "tilt" its very easy to break your own rules.
I like the discipline that you set your daily limit which most of the gambler cannot do it, if they win they want to seize the moment and if they lost they chase their losses cause they don't wanna stop losers. Sometimes we tend to forget that there is still another on the way we play, we love to go all in sometimes and resulted to unfavorable results.

that is how people always end up losing cause they dont know when to stop. even when they are winning, they will carry on to bet and due to law of probability, they will eventually return the winnings back to the casino.

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May 08, 2016, 02:21:49 PM
 #229

it is difficult to explain in detail. but I have a max loss in 1 day 0.05. so if I lose 0.05 in a day I would stop and continue tomorrow, because I think it would be bad if I keep playing.

How long have you been playing like this? Because everybody seems to set a limit because when you are on "tilt" its very easy to break your own rules.
I like the discipline that you set your daily limit which most of the gambler cannot do it, if they win they want to seize the moment and if they lost they chase their losses cause they don't wanna stop losers. Sometimes we tend to forget that there is still another on the way we play, we love to go all in sometimes and resulted to unfavorable results.

that is how people always end up losing cause they dont know when to stop. even when they are winning, they will carry on to bet and due to law of probability, they will eventually return the winnings back to the casino.

that is the whole point of having discipline, you obey some rules that you have set for yourself before even starting. and the important thing is that you set those rules when you are not affected by the moments emotions so they are good rules for example you set a rule of only betting 0.5BTC per month and if you lose you promise to leave and not come back for a month.

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May 09, 2016, 04:40:32 AM
 #230

it is difficult to explain in detail. but I have a max loss in 1 day 0.05. so if I lose 0.05 in a day I would stop and continue tomorrow, because I think it would be bad if I keep playing.

How long have you been playing like this? Because everybody seems to set a limit because when you are on "tilt" its very easy to break your own rules.
I like the discipline that you set your daily limit which most of the gambler cannot do it, if they win they want to seize the moment and if they lost they chase their losses cause they don't wanna stop losers. Sometimes we tend to forget that there is still another on the way we play, we love to go all in sometimes and resulted to unfavorable results.

that is how people always end up losing cause they dont know when to stop. even when they are winning, they will carry on to bet and due to law of probability, they will eventually return the winnings back to the casino.

that is the whole point of having discipline, you obey some rules that you have set for yourself before even starting. and the important thing is that you set those rules when you are not affected by the moments emotions so they are good rules for example you set a rule of only betting 0.5BTC per month and if you lose you promise to leave and not come back for a month.
That's the problem of the many, we have our very good plans before the actual gambling but within the middle of gambling session we tend to not follow our game plan and that makes us out of control and most of the time we lost of money.

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May 09, 2016, 04:50:21 AM
 #231

Well, I'm ever experience lossing about  BTC 0.2
First, I got some profit by martiangle but at the end I try to bet all amount with 90% chance so I can get quick profit

And yes , the result not always that I'm expected Sad

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May 09, 2016, 04:58:12 AM
 #232

I've lost a lot of gambling and I do not want to count them! I thought maybe I was not fit to play there, maybe innate my impatient to be able to win quickly and without thought of losing an increasingly large, and in the end I decided not to gamble again and find another way to get bitcoin.
Just be careful if you are just getting started gambling.


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May 09, 2016, 05:05:31 AM
 #233

I can afford to lose as lite as 0.001 btc, per week and not more than that.


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May 09, 2016, 05:19:37 AM
 #234

I can afford to lose as lite as 0.001 btc, per week and not more than that.


Such a small amount mine i think my total lose in gambling is around 2 btc.. because every day i am buying ticket for a lottery.. i am just dreaming to get million of money to be rich.. maybe someday i can get the exact digit.. in lottery..

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May 09, 2016, 05:29:33 AM
 #235

I can afford to lose as lite as 0.001 btc, per week and not more than that.


Such a small amount mine i think my total lose in gambling is around 2 btc.. because every day i am buying ticket for a lottery.. i am just dreaming to get million of money to be rich.. maybe someday i can get the exact digit.. in lottery..
Small amount for you but already a huge amount for me, what a world, how lucky people are who just think this amount is just a small amount while in our country we can already start a decent business with that capital.

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May 09, 2016, 05:47:14 AM
 #236

I don't think I would count every lost every playing gambling. Because that's not important for me, gambling is just for fun when you lost just let it go. When think about how much i lost in gambling, that will be make me feeling regret. Still have another way to recover it soon.

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May 09, 2016, 05:53:34 AM
 #237

I don't think I would count every lost every playing gambling. Because that's not important for me, gambling is just for fun when you lost just let it go. When think about how much i lost in gambling, that will be make me feeling regret. Still have another way to recover it soon.
That's what people should think about gambling. It should for fun and nothing else unless you have some kind of talents or skills to make a living out of it. That is possible but it is hard to achieve. Only 1% of the world population can do that or less.

 
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May 09, 2016, 05:59:56 AM
 #238

I've lost a lot of gambling and I do not want to count them! I thought maybe I was not fit to play there, maybe innate my impatient to be able to win quickly and without thought of losing an increasingly large, and in the end I decided not to gamble again and find another way to get bitcoin.
Just be careful if you are just getting started gambling.

I agree. You should avoid gambling in future that is one way to avoid losing more money.. You need to work hard again to earn that money but with legal process. You can not get your money back and that is the bitter fact but at least you learn the disadvantages of gambling i have witnessed so many other cases like you but if you commit your self for not doing these acts in future i am sure you will recover soon.
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May 09, 2016, 06:02:52 AM
 #239

I'll admit I like to play the poker, $20 a week is my limit, but rarely go every week.
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May 09, 2016, 06:10:26 AM
 #240

I can afford to lose as lite as 0.001 btc, per week and not more than that.
as long as you feel happy when gambling, no gambling problem with small or large quantities most importantly don't ever bet beyond your ability.

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