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Author Topic: How much can u lose with gambling?  (Read 27685 times)
fullypak
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July 23, 2016, 12:37:57 PM
 #561

I have set an amount of 0.02 to 0.03 that i will use ass fund in playng gambling games and that is the amount i can afford to lose with gambling.  More than that is not advisable. So I  limit myself with this amount and at the same time if I hit 50% of the alloted amount, I stop  playing that day and will come back to play on the next day.

It is a good strategy to reduce significant losses. I usually play with around 0.1 BTC at least If I play dice, and if I bet on sports then my bet amount will be from 0.05 to 0.1BTC range. I will not bet more than 0.1BTC in any single game and so for it worked out well for me in sports but in dice never made any significant profits.
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July 24, 2016, 05:25:49 AM
 #562

I have set an amount of 0.02 to 0.03 that i will use ass fund in playng gambling games and that is the amount i can afford to lose with gambling.  More than that is not advisable. So I  limit myself with this amount and at the same time if I hit 50% of the alloted amount, I stop  playing that day and will come back to play on the next day.

That is the best way to make yourself safe from losing everything you have in gambling wallet to just set a limit to your bets of a day.
People usually lose everything after winning a lot because they become greedy and dont care for what they earned and they think they can earn more but they end up losing their capital as well.
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July 24, 2016, 05:43:01 AM
 #563

I have set an amount of 0.02 to 0.03 that i will use ass fund in playng gambling games and that is the amount i can afford to lose with gambling.  More than that is not advisable. So I  limit myself with this amount and at the same time if I hit 50% of the alloted amount, I stop  playing that day and will come back to play on the next day.

That is the best way to make yourself safe from losing everything you have in gambling wallet to just set a limit to your bets of a day.
People usually lose everything after winning a lot because they become greedy and dont care for what they earned and they think they can earn more but they end up losing their capital as well.

Yeah some gamblers out there are too greedy especially when they win some amount.

So for us or to those gambler they should set a limitation to the amount that they can afford to lose and also to the amount that they win and when they will bail out.

Those strategies in gambling is kinda basic and everybody should know it to prevent further loses.
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July 24, 2016, 05:45:26 AM
 #564

You can lose all of your money in gambling.
But when you start addict with it, you almost does not care about how money you lose, you just carry about how money you get.

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July 24, 2016, 05:58:28 AM
 #565

You can lose all of your money in gambling.
But when you start addict with it, you almost does not care about how money you lose, you just carry about how money you get.
Addict person can lose everything and the sad truth is he would not notice it as he let himself to be enslave by gambling. As a gambler we are just playing for fun at first and only when we get addicted where we lose so much money so we should not let that happen.

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July 24, 2016, 07:03:23 AM
 #566

You can lose all of your money in gambling.
But when you start addict with it, you almost does not care about how money you lose, you just carry about how money you get.
Addict person can lose everything and the sad truth is he would not notice it as he let himself to be enslave by gambling. As a gambler we are just playing for fun at first and only when we get addicted where we lose so much money so we should not let that happen.
For sure that is why we should make all the possible ways not to be addicted to gambling, gambling is fun if you are not losing a huge amount of money. Addiction will only happen when you are not contented of the happiness you felt in gambling and you are looking for a big wins.

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July 24, 2016, 11:34:26 AM
 #567

You could actually lose everything including your life gambling. You could gamble until you have nothing left then take loans and start lying to get those loans you know you can't pay back. You literally could lose your life bu suicide or by losing absolutely everything (family, friends, money, house, car, bike, phone, TV, everything !! Furniture ! Your job ! The clothes off your back even !! Till you past homeless. That is a destroyed life. Addiction is no game and it's no joke it is serious and effects many people.



                                                                                                                                                 
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July 24, 2016, 12:58:09 PM
 #568

depends on how much money you are deposit. You can lose all your money if you addicted

I also think it depend on our bankroll as how much amount we have to take risk there, yeah it is true if we are get addicted than we can lose everything due to our this habit to gamble all the time, I always try to play with safe style mostly with low amount.
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July 24, 2016, 01:01:58 PM
 #569

depends on how much money you are deposit. You can lose all your money if you addicted

I also think it depend on our bankroll as how much amount we have to take risk there, yeah it is true if we are get addicted than we can lose everything due to our this habit to gamble all the time, I always try to play with safe style mostly with low amount.

That may be true, but if they can't control themselves. Do the betting for the anticipation towards higher addiction again, would not be useful. Because surely it will only last a while and after that they will do as usual and gambling will increase. Self control in gambling is very important and it is mandatory to use
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July 24, 2016, 01:05:48 PM
 #570

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?

that is weird question, i think that you can lose everything with gambling and of course you can win a lot from it, but if you don't have luck you can lose a lot

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July 24, 2016, 01:12:46 PM
 #571

Actually no one plays for loosing.If somehow we know today we will our bankroll zero surely will avoid to play.How much someone can loose depend on available funds and intention of recovering losses after first round of loss.Chances of winning and loosing are countless as long as we can afford to continue playing.
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July 24, 2016, 01:18:21 PM
 #572

Actually no one plays for loosing.If somehow we know today we will our bankroll zero surely will avoid to play.How much someone can loose depend on available funds and intention of recovering losses after first round of loss.Chances of winning and loosing are countless as long as we can afford to continue playing.
Yeah! and that would sometimes be the reason why we are still playing in gambling regularly as we have a lot of money that we can afford to lose and the risk there is when you lose your control and you will continue to gamble with the amount you cannot afford anymore.

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Mastsetad
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July 25, 2016, 07:36:47 AM
 #573

Actually no one plays for loosing.If somehow we know today we will our bankroll zero surely will avoid to play.How much someone can loose depend on available funds and intention of recovering losses after first round of loss.Chances of winning and loosing are countless as long as we can afford to continue playing.

Obviously, the more someone tries to recover his losses the more he will lose because of that, it is better to just get your steps back when you see you are losing continously because if you dont do that on time you will soon lose all your available funds in that wallet.
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July 26, 2016, 02:34:28 AM
 #574

You can lose everything if you do not know how to stop with gambling because if that happens you will have no control over your self and you will just keep spending money in order to gamble all day.
but i have fixed a percentage for my losing even for winning and when i reached to that limit i do stop gambling any more. therefore i have a fixed amount bitcoin for both loosing and winning side.
set your loss limit are a good thing and it's part of money management which so many people talking about , all you need are a discipline . even we speak about gambling here , against the long run you need this money management.
And setting our win limit as well is very important because if you ever win and having a good steak but you don't know how to stop you will still end up losing in the end. That is the discipline that should be impose in every gambler.
not really hard being discipline if you have a desire enough to reach your goal then make yourself discipline on everything stick to the rule and enjoy your steady income later . or gamble like a mad and you could lost everything . include yourself (suicide due frustated) .

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July 26, 2016, 03:37:56 AM
 #575

You can lose everything if you do not know how to stop with gambling because if that happens you will have no control over your self and you will just keep spending money in order to gamble all day.
but i have fixed a percentage for my losing even for winning and when i reached to that limit i do stop gambling any more. therefore i have a fixed amount bitcoin for both loosing and winning side.
set your loss limit are a good thing and it's part of money management which so many people talking about , all you need are a discipline . even we speak about gambling here , against the long run you need this money management.
And setting our win limit as well is very important because if you ever win and having a good steak but you don't know how to stop you will still end up losing in the end. That is the discipline that should be impose in every gambler.
not really hard being discipline if you have a desire enough to reach your goal then make yourself discipline on everything stick to the rule and enjoy your steady income later . or gamble like a mad and you could lost everything . include yourself (suicide due frustated) .
Losing self control on your gambling will be recipe of disaster because when you have that kind of experience you are not doing the right decision at all. We should be more focus on the joy it brings to us and never allow our pride to overtake in gambling as we will surely lose control.

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July 26, 2016, 06:08:19 AM
 #576

It's gambling... you should go in EXPECTING to lose it all.
Even if you win one time, you will most likely lose it next time.

If you go in with that mindset, then you won't be upset when you eventually get what you expected - to lose.



So whats the point of gambling then? Although if you earn a lot but in the end you will just lose everything then it will only waste your time without gaining anything.

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July 26, 2016, 06:13:19 AM
 #577

The answer is whatever you have you can lose them all if your greed does not stop. The problem is many people will become greedy and bet more to win back their loses which they incurred and they will lose again.
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July 26, 2016, 09:42:26 AM
 #578

The answer is whatever you have you can lose them all if your greed does not stop. The problem is many people will become greedy and bet more to win back their loses which they incurred and they will lose again.


a +1 for you bro Cheesy very well said and it's certainly correct that you might lose everything through gambling if you will be greedy. You should know when to bet and when to stop. If you think you have earned enough, don't ask for more and withdraw your earnings. through that, you can avoid more losses.

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July 26, 2016, 10:02:28 AM
 #579

I think it's pretty clear right now OP, that you can lose everything you own in this world to gambling if you're that way inclined. You could sell your house, your car, all your belongings, to pay for gambling, and lose it, if that's your bag. Of course most people don't, but it is possible.

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July 26, 2016, 03:13:56 PM
 #580

You can lose a lot of money with gambling but its really depending on how you of course are gambling and also if you are setting a limit on yourself. The losings can be unlimited. Or till the time you go bankrupt which is unfortunate as you lose all the hard earn money.
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