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Author Topic: How much can u lose with gambling?  (Read 27685 times)
Mastsetad
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July 26, 2016, 03:16:54 PM
 #581

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.

Correct, that is the reason why many houses and families got ruined by gambling because the owners or the elders of them have sold everything just to gamble as the addict of gamble was not ready to leave them so easily and they realize when they lose everything.
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July 26, 2016, 03:20:39 PM
 #582

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.

Very precise, because it is in gambling there are only 2 options i.e loses or WINS. And presentation of the victory in the gambling relies on your way to control myself not to do gambling that has exceeded the limit.


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July 26, 2016, 04:10:33 PM
 #583

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.
You are right. You might lose everything in gambling even your own family relations. We do think to earn unlimited from gambling but in reality we do loose everything with gambling. If we think about the losses before we go for gambling, we might get chances to avoid it somehow.


 
 
 
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July 26, 2016, 04:17:54 PM
 #584

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.

Very precise, because it is in gambling there are only 2 options i.e loses or WINS. And presentation of the victory in the gambling relies on your way to control myself not to do gambling that has exceeded the limit.
Yeah right.. if you are just making money  this is not a good place.. because gambling made to give fun for people not to give free many or making a profit.. you will always lose.. just like me never made any profit in dice game..


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July 26, 2016, 05:20:54 PM
 #585

With gambling, you can lose everything you invest.
The more money you are willing to invest, the more you can lose, i would therefore advice to make low bets.
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July 27, 2016, 12:43:18 AM
 #586

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.
but you have to admit that most of the times you are gambling like a mad , no control on it . just make double bet amount again and again , think you would win in the next bet but in the end you just realized you have staked everything you have , you lost all your money and you can't afford to recover it . that's basically the limit amount everyone could lost.

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July 27, 2016, 08:26:37 AM
 #587

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.
but you have to admit that most of the times you are gambling like a mad , no control on it . just make double bet amount again and again , think you would win in the next bet but in the end you just realized you have staked everything you have , you lost all your money and you can't afford to recover it . that's basically the limit amount everyone could lost.
I admit that, I have a very bad attitude in gambling especially when I am losing, I cannot avoid my self from not chasing because I want to win all the time. Well, that was me few yeas ago but I am a change man now, I already understand that it is not good to gamble for the sake of money.

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July 27, 2016, 08:43:42 AM
 #588

In spite of reality that I am slower in gambling bets but I think still I can loose all my immediate accessible funds. I have in quick reach maximum 1 BTC always when I am busy with gambling in case to recover to use those funds. I usually avoid to go for recovering option but I have no exception may be sometime loose temper and loose all my money. This will be maximum what I can lost in gambling.
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July 27, 2016, 09:56:57 AM
 #589

You can lose everything when you gamble to much, there have been people who have experienced this before and that gambling ruined there life's
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July 27, 2016, 10:15:06 AM
 #590

I can lose the funds that is easily accessible to me at the moment if I will not be able to control myself. My experience in this is that I start small then when I lose I deposit bigger amount trying to recover the amount that I lose then when I lose again, I will find a way to obtain a much bigger amount hoping that I can recover my losses. When I obtain it, my emotions are heightened at the moment, so I was not able to think properly and then I hope for the best and believe that I will be lucky this time and then after few minutes, I lose it all. When I don't have the available funds anymore, that's the time that I will realize what a stupid decision I have made.

Gambling is really dangerous if you can't control your emotions. Being too greedy will not do any good.

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July 27, 2016, 10:34:25 AM
 #591

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.
I sometimes see there are some people who experience it. they become bankrupt because of gambling then they regretted his actions. I think being an addict because they can not accept the defeat of their small and it turned into a big defeat with time


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July 27, 2016, 10:45:52 AM
 #592

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.
I sometimes see there are some people who experience it. they become bankrupt because of gambling then they regretted his actions. I think being an addict because they can not accept the defeat of their small and it turned into a big defeat with time

It's gambling. Gambling is loss, winning is only for the lucky ones. We're always looking for "strategies" to play with - there are none. We do regret our actions, yes, but it's our fault that we're playing with a big sum we can't afford to loose.
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July 27, 2016, 04:50:57 PM
 #593

With gambling, you can lose everything you invest.
The more money you are willing to invest, the more you can lose, i would therefore advice to make low bets.

Making low bets wont work as gamblers usually lose everything when they try to recover their loses, to make yourself safe from losing everything you need to set a limit on your bets for a day, for example you select 0.02btc as the limit for a day so if you lose or win that much you stop betting, in that way you wont lose everything.
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July 27, 2016, 09:11:36 PM
 #594

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.
but you have to admit that most of the times you are gambling like a mad , no control on it . just make double bet amount again and again , think you would win in the next bet but in the end you just realized you have staked everything you have , you lost all your money and you can't afford to recover it . that's basically the limit amount everyone could lost.
I admit that, I have a very bad attitude in gambling especially when I am losing, I cannot avoid my self from not chasing because I want to win all the time. Well, that was me few yeas ago but I am a change man now, I already understand that it is not good to gamble for the sake of money.
I think most players when they start to get a defeat. I'm sure they will all play without control as possible when you're desperate you'll use the max bet. yeah sometimes I do that you're hoping to earn profits and recover all of the defeat. sometimes you win but more often you will be defeated


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July 27, 2016, 11:03:31 PM
 #595

It depends on how much money you have because if you decide to spend al your money on gambling there is a chance that you will lose everything.
If you have to know when to stop because it can wreck you.
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July 27, 2016, 11:20:12 PM
 #596

   With gambling its easy to lose everything, even life in the end. Its hypothetical question, but someone can lose other people money also. Its more then someone have, probably there isn't limitations how much can someone lose.
   I cant lose much, cause I don't gamble for high amounts. I don't gamble with high amounts cause I don't have it, simply. I will never borrow money for that, or do something bad to have money for casino. In my case I can lose around 10 $ per month maximum, but I win also, so basically I spin same money. I don't win much, don't lose much, just having fun in my free time.
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July 27, 2016, 11:40:32 PM
 #597

   With gambling its easy to lose everything, even life in the end. Its hypothetical question, but someone can lose other people money also. Its more then someone have, probably there isn't limitations how much can someone lose.
   I cant lose much, cause I don't gamble for high amounts. I don't gamble with high amounts cause I don't have it, simply. I will never borrow money for that, or do something bad to have money for casino. In my case I can lose around 10 $ per month maximum, but I win also, so basically I spin same money. I don't win much, don't lose much, just having fun in my free time.
Well we are not the same here we have difference how much were lose or win.. honestly i am losing and i think i lost almost 1 btc above but i am making profit of almost above 2 btc.. i lost a lot in dice game which is very hard to make a bankroll high..
Unlike in sports betting i can easily make more profit with this game..

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July 28, 2016, 12:59:18 AM
 #598

The smartest way to do that would be maybe like this.

When you win some money, bet a little more and when you lose some, bet a little less. This way if you are in a good winning streak, your profits can go up exponentially while also limiting loss.

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July 28, 2016, 03:20:10 AM
 #599

With gambling, you can lose everything you invest.
The more money you are willing to invest, the more you can lose, i would therefore advice to make low bets.

How can you lose from what you invest? Moreover if you invest on some huge gambling site with a huge wagered because in the end house is always winning no matter what you do. But it will sure take time because this is very long investment if you place it on gambling site and it still is a good way to get some profit
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July 28, 2016, 05:32:51 AM
 #600

The smartest way to do that would be maybe like this.

When you win some money, bet a little more and when you lose some, bet a little less. This way if you are in a good winning streak, your profits can go up exponentially while also limiting loss.
Not a good idea to limit your losses. It is a dangerously modified version of martingale strategy because when you are keep on increasing your bet amount when you are having winnings streak, one losing bet might sweep out all of your profits. Constant bet amount is always a good idea to balance both winning and losing bets.

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