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Author Topic: How much can u lose with gambling?  (Read 27634 times)
BTCevo
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July 12, 2016, 05:52:51 AM
 #461

I can't say how much in term of btc but one thing sure is that is way already too much but the worse part to me is the times that i put playing to finaly end with no capital nor gain and a whole day wasted.


but for me the money i have is my capital and i have the right lose it or what to do with it. no one has any concern with it. but i will likely say that i am not in position and not welling to lose a single satoshi,
I got your point its your money from your work, but should you be buying more things, investing into casinos and dices websites instead of save your coins.


I prefer investing in an online casinos as I believe I can make profit in an industry that is so profitable, it is important for me to stop gambling already because it does not give benefits to me so I focus more on investing.

But it doesnt mean that you will guarantee to get some profit and it still depends on how much bankroll and how much odds do you place your investment. Huge bankroll and huge odds sure will earn something good but sure have higher risk but if you have some more luck better to play on gambling because you will have fast earn money and set some limit in case bad luck coming

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July 12, 2016, 06:42:12 AM
 #462

This is a good question,  how much do you have?  Or care about? 

Multiple that by a billion,  and you have a starting point

.

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July 12, 2016, 07:15:17 AM
 #463

I can't say how much in term of btc but one thing sure is that is way already too much but the worse part to me is the times that i put playing to finaly end with no capital nor gain and a whole day wasted.


but for me the money i have is my capital and i have the right lose it or what to do with it. no one has any concern with it. but i will likely say that i am not in position and not welling to lose a single satoshi,
I got your point its your money from your work, but should you be buying more things, investing into casinos and dices websites instead of save your coins.


I prefer investing in an online casinos as I believe I can make profit in an industry that is so profitable, it is important for me to stop gambling already because it does not give benefits to me so I focus more on investing.

But it doesnt mean that you will guarantee to get some profit and it still depends on how much bankroll and how much odds do you place your investment. Huge bankroll and huge odds sure will earn something good but sure have higher risk but if you have some more luck better to play on gambling because you will have fast earn money and set some limit in case bad luck coming
What is important in gambling is we need to set limits not only on our losses but also with our wins because gambling without limit is a kind of suicide as you will lose in the end when you don't know when to stop.

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daringdiscovered
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July 12, 2016, 07:58:14 AM
 #464

When you gamble be prepared to lose all the amount that you will bet even if it is big or small. Gambling is not a sure way to earn profit. Before you start gambling consider your money gone, it will be disappointing to expect winning some amounts but it didn’t happen. If you start winning then don’t be greedy before you will lost what you already earned.

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July 12, 2016, 09:43:23 AM
 #465

You can lose everything with gambling if you do not know how to stop or know when it is enough, then you can lose everything with gambling.
If you are able to control your self and manage your money well then there should be no problem at all.


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July 12, 2016, 09:52:45 AM
 #466

well it depend on much you bet

In fact this more like that how much confident we are with our prediction, that kind of ridicules things happening mostly in sports matches when we put all our hard money very strong but the result happen totally different than our expectation.
I think there is not really a player who believes bet they do even though they play in sportbetting. even if you buy a fixed score you will
still have doubts to bet with a large amount. only fools people and uncontrolled who bet max bet and forget all the risks that exist



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July 12, 2016, 10:24:09 AM
 #467

You can lose everything with gambling if you do not know how to stop or know when it is enough, then you can lose everything with gambling.
If you are able to control your self and manage your money well then there should be no problem at all.

I agree that you can lose everything with gambling. Especially when rage comes to you. You are able to lose everything you have and all the amount you have.
So anyone can lose everything in gambling.

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July 12, 2016, 12:17:43 PM
 #468

Even when someone has nothing they will continue to gamble. Besides material objects gambling can take your time from your friends and family because you would rather be gambling then be with them and dont ever have money to go out because you gambled it the night before. So this can cause major social problems ithe family and with friends. It can also ruin your job and you get fired for missing work to gamble and things.

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July 12, 2016, 12:18:20 PM
 #469

you can lose it all gambling

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July 14, 2016, 01:35:32 PM
 #470

Brief you can lose all your hard earned money with gambling. We can't provide an exact amount which we can lose through gambling because it's unlimited especially if the gambler is addicted.

especially those people who do not have knowledge about bitcoin and do not have any skills and besides this they come and spend their money into gambling, they lose all of them, it is not only the matter of gambling but in any field if you do not know about it you will lose there.
You do not need to study gambling that much if the games you loves to play are those type of games that has a house advantage because no strategy would work, you just need to study on bankroll management and know your purpose in gambling.
Yeah,studying gambling does not make's sense when you play with positive house edge actually,
you will lose always at the long run.
Only way to have something won is really big balance/big luck Grin
I can lose a lot,i dont care about those money :[

But for me, we don't need more knowledge in gambling as long as we are lucky enough to win, we can win the game. Smiley yes sometimes we also need strategy, but once you play that game you can actually learn while you are playing. And as I know small bettors are much more smarter way of betting than to the big bettors. Smiley just an opinion.

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July 14, 2016, 03:01:07 PM
 #471

I dont know.

It matters how much you put in.

I lost 1 million satoshi that way.
It depend on how much money you have to spend because gambling can take all of that away so it depend per person. Gambling can take everything away from you if you are not careful enough.
If you are not addicted and now when to stop then you should be alright.
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July 14, 2016, 03:39:45 PM
 #472

I dont know.

It matters how much you put in.

I lost 1 million satoshi that way.
It depend on how much money you have to spend because gambling can take all of that away so it depend per person. Gambling can take everything away from you if you are not careful enough.
If you are not addicted and now when to stop then you should be alright.
to be honest, I had forgotten how much I was missing BTC in cockfights. perhaps it had more than 0.5 BTC or may not have. Well, I just gamble for fun, and I'm not addicted to it. so I do not want to count the number of my defeat and the results I get from winning gambling


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July 14, 2016, 03:43:03 PM
 #473

If we are greedy and have very big expectation from gambling than we can lost everything with gambling, it looking it is pretty hard for any person to give estimate what he want to lose with gambling, nobody want to play just to lose with betting but it is reality of the life, I always try to keep me into my limit so I have very low amount to lose there.
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July 14, 2016, 04:02:44 PM
 #474

If we are greedy and have very big expectation from gambling than we can lost everything with gambling, it looking it is pretty hard for any person to give estimate what he want to lose with gambling, nobody want to play just to lose with betting but it is reality of the life, I always try to keep me into my limit so I have very low amount to lose there.

yeah nobody wants to set an specific amount of money to lose.

It is more lovely to say on how much money or what is the amount of bitcoin you tend to set at your maximum limit when playing gambling.
People who always set a limitation will definitely don't have a regrets at all every time they lose at the end.

But for me I had set my maximum amount to put at stake at gambling when I am playing at around 0.005 btc.

I Think That is a considerable amount to put at stake.
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July 14, 2016, 04:13:43 PM
 #475

How much CAN you lose? Technically you can lose everything you bet. Of course, you could also double, triple, etc...
your money. That's why they call it gambling Smiley

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July 15, 2016, 08:14:29 AM
 #476

How much CAN you lose? Technically you can lose everything you bet. Of course, you could also double, triple, etc...
your money. That's why they call it gambling Smiley
Gambling does not mean lose although most of time we lose, gambling is called risky but entertaining, we can lose everything we have if we are gambling without a straight mind. We should set our focus and play gambling for fun as it is very harmful if you are not following the right way to do it.

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July 15, 2016, 02:53:16 PM
 #477

Brief you can lose all your hard earned money with gambling. We can't provide an exact amount which we can lose through gambling because it's unlimited especially if the gambler is addicted.

especially those people who do not have knowledge about bitcoin and do not have any skills and besides this they come and spend their money into gambling, they lose all of them, it is not only the matter of gambling but in any field if you do not know about it you will lose there.
You do not need to study gambling that much if the games you loves to play are those type of games that has a house advantage because no strategy would work, you just need to study on bankroll management and know your purpose in gambling.
Yeah,studying gambling does not make's sense when you play with positive house edge actually,
you will lose always at the long run.
Only way to have something won is really big balance/big luck Grin
I can lose a lot,i dont care about those money :[

But for me, we don't need more knowledge in gambling as long as we are lucky enough to win, we can win the game. Smiley yes sometimes we also need strategy, but once you play that game you can actually learn while you are playing. And as I know small bettors are much more smarter way of betting than to the big bettors. Smiley just an opinion.
It depends on what type of games you are playing, if you are playing in dice then you don't need knowledge because whatever strategy you do, it will all depend on your luck but if you're playing in poker then more knowledge is needed than luckiness since the game plays with how knowledgeable you are  and at the some time how lucky your hand is.
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July 15, 2016, 03:14:10 PM
 #478

Yes in base casino games like Dice and Jackpot etc games there is more possibilities are there to lose our money. That is why I will not play these games. I do only sports betting here profit and loss both are equal if today I lost my bet tomo I will win. But in casino games, it purely depends on Luck. But sometimes when I get too bored I will play Dice game with a very small bet.
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July 15, 2016, 07:06:23 PM
 #479

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?
I hope I can't lose anything, actually, because I gamble only using faucets. So, my biggest loss was about 30 thousand satoshi I once had.


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July 15, 2016, 08:07:46 PM
 #480

almost 0.01 after reach 0.1 lolz

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