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Author Topic: How much can u lose with gambling?  (Read 28299 times)
teilwalL05
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July 09, 2016, 10:43:59 AM
 #441

I have my limit of daily sum with what I play.This sum is 0.05BTC maximum what I can afford to loose.I play for fun so this way sometimes make some extra money.I will not attempt to recover in case I have loosing streak one after other.This is the sum I will use maximum to recover after that will stop.

Very well thinking and discipline to your self,

That kind of thinking should be the one that a gambler should follow, gambling is for entertainment so be it, treat it as an entertainment, put a limit to the amount you put at stake in gambling, as the way you put a limit to buy tickets or to pay some entertaining things in the outside world.

If ever you win in gambling then that is a bonus right, every one should know how to put a limit and how to categorize gambling into their lives.

I agree....budget discipline is important.  It doesn't matter whether your playing for entertainment purposes or you're treating it as though it were a job.  Bankroll management is important to every aspect of our lives and it is no different with poker....Being a budget weary person is an asset.

Yep, And I also want to be like that so, this past few weeks. I actually saving some of my income and if I gamble I dont use more money I just use a little but sometimes I am really trying to avoid for me also to save more money/bitcoin.
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July 09, 2016, 11:08:11 AM
 #442

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.
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July 09, 2016, 11:40:48 AM
 #443

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.
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July 09, 2016, 03:53:43 PM
 #444

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 :[
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July 10, 2016, 10:46:17 AM
 #445

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,
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July 10, 2016, 11:09:20 AM
 #446

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.

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July 10, 2016, 11:15:44 AM
 #447

well it depend on much you bet
shadobitz
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July 10, 2016, 11:20:05 AM
 #448

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.
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July 10, 2016, 11:30:38 AM
 #449

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.

then how can you say it depend on how much confident we are!! because gambling has nothing to do with your confidence about the future and the result it is all about luck. if you get lucky you win and if not you lose even in sports betting as you said different thing happen against your expectations.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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July 10, 2016, 11:59:15 AM
 #450

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.

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July 11, 2016, 08:38:17 PM
 #451

in fact i am not welling to lose a single coin. but still i have selected a limit from my pocket money for gambling on daily bases. the reason is that i do not want to lose my all essets in gambling and i can continue gambling for ever.
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July 11, 2016, 09:43:07 PM
 #452

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.
yeah I think we can not count the number of bitcoin losses that we can get. Sometimes even the players feel less when all their money in the balance gambling sites it runs oit. they will think to make a deposit again to gambling again so I think we can not calculate the amount of the loss
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July 12, 2016, 01:52:18 AM
 #453

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.
You can but if you are careful you can manage it, we need to understand the real essence of gambling for us players to make it the right way, we can lose all our money if we let it come into our life and dictate us.
In reality only few can manage their self and the rest are always carried away by their emotions. The difference number of people than can control and can't is somewhat big. The difference simply shows how hard to manage.

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July 12, 2016, 04:11:42 AM
 #454

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.
yeah I think we can not count the number of bitcoin losses that we can get. Sometimes even the players feel less when all their money in the balance gambling sites it runs oit. they will think to make a deposit again to gambling again so I think we can not calculate the amount of the loss
Lose value no one will calculate, Because daily we will get lose only a few times we will win our bet. So people will not count there lose money. When they will realise means when their wallet becomes empty that time they think they are in close. Even I too not remember how much I lose in gambling.
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July 12, 2016, 05:30:59 AM
 #455

in fact i am not welling to lose a single coin. but still i have selected a limit from my pocket money for gambling on daily bases. the reason is that i do not want to lose my all essets in gambling and i can continue gambling for ever.
no one can do gambling any time unless you have unlimited capital if you do not want to lose any single coin I think you're not should to gambling because surely someone will lose by a certain amount it is certainly! and you have to accept the defeat. use restrictions play I think it is a good idea
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July 12, 2016, 05:52:51 AM
 #456

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
 #457

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
 #458

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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July 12, 2016, 07:58:14 AM
 #459

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
 #460

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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