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Author Topic: How much can u lose with gambling?  (Read 27754 times)
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October 21, 2016, 07:09:47 AM
 #741

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?

This is a perfect example that shows that martingale is not a winning system and if luck turns the other way, you can lose so much more than you tried to win in the first place (the 100 usd was his payout).

To answer the question of how much you can lose with gambling? It's simple, you can lose it all.

Depends on how you are emotionally and how disciplined you are though. If you can stick to strategy, you will never lose more than you planned beforehand.
For newbie they think martingale can give them an advantage but in reality, it will not work especially if you are using that playing dice games. The only way you can use martingale is if you are doing it in sports betting as there's no way a good team will have a losing streak like 10 times in a row.

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October 21, 2016, 08:20:01 AM
 #742

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?
Bro It is Not Fixed How Much You can Lose in Gambling.
It Depends On How Much Money You Put in Money And The Higher the Money You Put Then Higher Risk of Losing Funds.....
But I Never Lost In Gambling Because I Dont Want to be a Gambler..

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October 21, 2016, 08:37:08 AM
 #743

I read some comments from this thread. Some people are crying and claim that they won't gamble ever again due to heavy losses they suffered.
The problem with gamblers is universal. Even if they win money, they think it is not enough and they surely can win more.
So they continue their gambling adventure to gain more - and in the process losing everything. Don't blame it on your bad luck - blame it on your greed.
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October 21, 2016, 09:04:03 AM
 #744

I really don't know how much i've lose on playing gambling but as far as i calculate last 4 months of computing my lost before about 0.6btc and how about this time i played as much i will i can't compute it anymore and i dont want to compute because what i've learned is gambling is true a matter of some skill games and luck and most of the time when i played it for profit i lose but its okay because im ready for it and i don't consume all my money i set my standard limit or lower than my set depending on my plays.


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October 21, 2016, 10:12:31 AM
 #745

I really don't know how much i've lose on playing gambling but as far as i calculate last 4 months of computing my lost before about 0.6btc and how about this time i played as much i will i can't compute it anymore and i dont want to compute because what i've learned is gambling is true a matter of some skill games and luck and most of the time when i played it for profit i lose but its okay because im ready for it and i don't consume all my money i set my standard limit or lower than my set depending on my plays.
Wow 0.6 btc is pretty hefty if you ask me. But it really depends on the person, if you can afford to lose 0.6 while having fun doing it, nothings wrong with that. Good thing you're trying to regulate it now

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October 21, 2016, 12:57:55 PM
 #746

I read some comments from this thread. Some people are crying and claim that they won't gamble ever again due to heavy losses they suffered.
The problem with gamblers is universal. Even if they win money, they think it is not enough and they surely can win more.
So they continue their gambling adventure to gain more - and in the process losing everything. Don't blame it on your bad luck - blame it on your greed.

You are right, and we are like this and in gambling it is common. Ofcourse if free money is coming means everyone will become greedy. This is not our bad luck, and we only invite our bad luck because of our greedy. I totally agree your statement.
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October 21, 2016, 01:13:58 PM
 #747

I only gamble using my extra money because I hate of being losing. Just trying my luck and hope to win but never expect to go on winning streak. If I win big time that's the time I will stop and leave gambling for the mean time.. just want to enjoy my earnings.  Grin

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airezx20
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October 21, 2016, 01:35:11 PM
 #748

No body wanna loose anything in gambling and same with me.I actually loose alot in gambling,but if some ask like that to me then i will say i cant afford to loose anything in the gambling.Because i do want to loose my hardly earned money,in it and i am trying to control my gambling habits now.
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October 21, 2016, 03:15:23 PM
 #749

It is hard to tell how much I lose in gambling. Since I don't have records at all and it will be very hard to trace my betting records and post it here lol.  But one thing am sure, I never let my self to lose more than 0.02 BTC in one sit.  I need it to control the damage done by losing.
IF you are focusing on one gambling website you will know how much you lose and how much you earn from it because you can really see the net profit you really made and if it was negative or positive, it's not really hard to trade your betting records i think there always an way to find it.
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October 21, 2016, 03:25:52 PM
 #750

You can lose amount from everything you have to nothing at all, gambling is unpredictable thing, one day you will win a lot, other day you can lose everything
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October 22, 2016, 01:50:43 AM
 #751

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?
According To Me Losing in Gambling is Not Fixed.
It Depends Upon How Much You Put Your Money in Gambling Or How Much the Person is Addictied to Gambling.....
So If The Person Is More Addictive For Gambling Then He Can Lose More and the Person Can Also Lose Big If he Bet Bigger Amounts....

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October 22, 2016, 03:15:19 AM
 #752

It is hard to tell how much I lose in gambling. Since I don't have records at all and it will be very hard to trace my betting records and post it here lol.  But one thing am sure, I never let my self to lose more than 0.02 BTC in one sit.  I need it to control the damage done by losing.

It is good to hear that
you have a limit for the amount
that you can afford ''to lose in the
game.

For me I also do the same technique,]
I set a specific amount of BTC to lose
before I stop betting.
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October 22, 2016, 04:24:49 AM
 #753

It is hard to tell how much I lose in gambling. Since I don't have records at all and it will be very hard to trace my betting records and post it here lol.  But one thing am sure, I never let my self to lose more than 0.02 BTC in one sit.  I need it to control the damage done by losing.

It is good to hear that
you have a limit for the amount
that you can afford ''to lose in the
game.

For me I also do the same technique,]
I set a specific amount of BTC to lose
before I stop betting.
That's right, you should know your limit as in gambling it is easy and fast if we lose money, so we need to be careful all the time and only bet what we can afford to lose. It is not necessary that you have to chase your bets because there's always another day in gambling and what matters is we enjoy.

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October 22, 2016, 05:26:38 AM
 #754

It is hard to tell how much I lose in gambling. Since I don't have records at all and it will be very hard to trace my betting records and post it here lol.  But one thing am sure, I never let my self to lose more than 0.02 BTC in one sit.  I need it to control the damage done by losing.

It is good to hear that
you have a limit for the amount
that you can afford ''to lose in the
game.

For me I also do the same technique,]
I set a specific amount of BTC to lose
before I stop betting.
That's right, you should know your limit as in gambling it is easy and fast if we lose money, so we need to be careful all the time and only bet what we can afford to lose. It is not necessary that you have to chase your bets because there's always another day in gambling and what matters is we enjoy.

At first when we intend to play gambling we  should really treat it as a  form  of entertainment not   on money milking machine  because in doing gambling we cant really assure that we could make  money their  because  its designed already to  lose  up  all their players and  only a few would make some  money.


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October 22, 2016, 05:48:00 AM
 #755

It is hard to tell how much I lose in gambling. Since I don't have records at all and it will be very hard to trace my betting records and post it here lol.  But one thing am sure, I never let my self to lose more than 0.02 BTC in one sit.  I need it to control the damage done by losing.

It is good to hear that
you have a limit for the amount
that you can afford ''to lose in the
game.

For me I also do the same technique,]
I set a specific amount of BTC to lose
before I stop betting.
That's right, you should know your limit as in gambling it is easy and fast if we lose money, so we need to be careful all the time and only bet what we can afford to lose. It is not necessary that you have to chase your bets because there's always another day in gambling and what matters is we enjoy.
playing safe and just aim for enjoyment if we can practice this we can't lose big in any gambling because we can control and we can limit self.

At first when we intend to play gambling we  should really treat it as a  form  of entertainment not   on money milking machine  because in doing gambling we cant really assure that we could make  money their  because  its designed already to  lose  up  all their players and  only a few would make some  money.

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aranachristianjay
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October 29, 2016, 12:18:47 PM
 #756

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?
Actually I cannot compute the exact amount of bitcoins that I totally lose in playing with gambling games.

But as far as I know, I loss more than I win, and that is because we all know that gambling is full of risk, and most of the time gamblers always loss.

So there Is actually no regrets for me in that way because for me gambling is just an entertainment, and I don't care whether I win more or less, As I am just playing for entertainment
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November 03, 2016, 01:59:52 AM
 #757

It depends on what you are playing and how much you have been playing it. Some lost their valuable asset like house and some business due to losing with gambling. Some even lose their family and their own self. One thing is for sure in gambling, you will lose a lot instead of winning. So think before you enter into gambling or when you bet, remember the scenario what will happen when you lose?, those people that surrounds?, there's always be a reward when you lose or when you win.
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November 03, 2016, 02:29:20 AM
 #758

You can lose everything with gambling, its all in the fact how long you keep doing it, its simple if you are asking me.
Gambling is something that can let you lose everything that you own, it can fully destroy you these days.
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November 03, 2016, 02:34:09 AM
 #759

It depends on what you are playing and how much you have been playing it. Some lost their valuable asset like house and some business due to losing with gambling. Some even lose their family and their own self. One thing is for sure in gambling, you will lose a lot instead of winning. So think before you enter into gambling or when you bet, remember the scenario what will happen when you lose?, those people that surrounds?, there's always be a reward when you lose or when you win.
as long as you have a good timing to stop , gambling will not always ended up losing more than winning , but yes i am aware that this kind case very rare happened , at least you can try to gamble and stop immediately once you won enough money.

don't forget to always stay safe , don't get heated too fast and you will not losing too much.
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November 03, 2016, 03:46:28 AM
 #760

It depends on what you are playing and how much you have been playing it. Some lost their valuable asset like house and some business due to losing with gambling. Some even lose their family and their own self. One thing is for sure in gambling, you will lose a lot instead of winning. So think before you enter into gambling or when you bet, remember the scenario what will happen when you lose?, those people that surrounds?, there's always be a reward when you lose or when you win.
as long as you have a good timing to stop , gambling will not always ended up losing more than winning , but yes i am aware that this kind case very rare happened , at least you can try to gamble and stop immediately once you won enough money.

don't forget to always stay safe , don't get heated too fast and you will not losing too much.
This self control is really big things to learn allowing yourself to enjoy and avoid you to completely being burned out and keep your money in safe position totally hard to learned but its a must and a big factor for a professional gambler.

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