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Author Topic: How much can u lose with gambling?  (Read 27754 times)
Mastsetad
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July 22, 2016, 05:17:29 AM
 #541

Depends on how much is present on my account in a single instance. Most of the time, I'm confident on my picks and go ballsy and place a 1 btc bet only to win afterwards. I've lost 0.6 once on MLB betting. It was Rangers vs Yankees. I couldn't care less though, because 0.6 is kind of big, but after a short while I got by with it and accepted it.

Being too confident in gambling costs a lot sometimes, when your confidence snatches all your bitcoins at once then you realize that you were over confidence and that is the reason why you lost everything you had in your account.
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July 22, 2016, 06:55:36 AM
 #542

Depends on how much is present on my account in a single instance. Most of the time, I'm confident on my picks and go ballsy and place a 1 btc bet only to win afterwards. I've lost 0.6 once on MLB betting. It was Rangers vs Yankees. I couldn't care less though, because 0.6 is kind of big, but after a short while I got by with it and accepted it.

Being too confident in gambling costs a lot sometimes, when your confidence snatches all your bitcoins at once then you realize that you were over confidence and that is the reason why you lost everything you had in your account.
I agree when you expect the favored team always to win every match because they have every advantage on their side but still manage to lose. The same thing happened to me when i was on a hot winning streak i started with 0.01 then ended up at 0.3 at some point then went huge on warriors to win the finals. I just suck it all up and move on with life.

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July 22, 2016, 10:27:45 AM
 #543

Depends on how much is present on my account in a single instance. Most of the time, I'm confident on my picks and go ballsy and place a 1 btc bet only to win afterwards. I've lost 0.6 once on MLB betting. It was Rangers vs Yankees. I couldn't care less though, because 0.6 is kind of big, but after a short while I got by with it and accepted it.

Being too confident in gambling costs a lot sometimes, when your confidence snatches all your bitcoins at once then you realize that you were over confidence and that is the reason why you lost everything you had in your account.

However, he gambling with big money. So if he is a good in predicting for sport, he can be winning a lot and 0.6btc is just a small % overall of his bankroll. You can expected someone to win 100% so maybe this is just a case that he has lost and he may have won a lot more from the other bets.

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July 22, 2016, 10:38:28 AM
 #544

Depends on how much is present on my account in a single instance. Most of the time, I'm confident on my picks and go ballsy and place a 1 btc bet only to win afterwards. I've lost 0.6 once on MLB betting. It was Rangers vs Yankees. I couldn't care less though, because 0.6 is kind of big, but after a short while I got by with it and accepted it.

Being too confident in gambling costs a lot sometimes, when your confidence snatches all your bitcoins at once then you realize that you were over confidence and that is the reason why you lost everything you had in your account.
Confidence + Greediness will put yourself in nothing and rather it will just let you lose your coins everytime you gamble. The best thing you can do is set a plan and manage to follow that plan that you think is good for you.
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July 22, 2016, 10:50:51 AM
 #545

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.
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July 22, 2016, 12:05:01 PM
 #546

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.
I think the players will not be possible to stop playing when they have not exhausted all of their money. unless they have control over itself

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July 22, 2016, 09:55:34 PM
 #547

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.
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July 22, 2016, 10:03:30 PM
 #548

Depends on how much is present on my account in a single instance. Most of the time, I'm confident on my picks and go ballsy and place a 1 btc bet only to win afterwards. I've lost 0.6 once on MLB betting. It was Rangers vs Yankees. I couldn't care less though, because 0.6 is kind of big, but after a short while I got by with it and accepted it.

Being too confident in gambling costs a lot sometimes, when your confidence snatches all your bitcoins at once then you realize that you were over confidence and that is the reason why you lost everything you had in your account.

However, he gambling with big money. So if he is a good in predicting for sport, he can be winning a lot and 0.6btc is just a small % overall of his bankroll. You can expected someone to win 100% so maybe this is just a case that he has lost and he may have won a lot more from the other bets.
I think even if you're having a defeat that only a few percent of your total bankroll but 0.6 is a huge amount for most people. and I think you can not underestimate it. let alone to Obtain 0.6 BTC is hard for me. I think any amount of Defeat will make-your slightest Become chaotic and disorganized play




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July 23, 2016, 03:58:38 AM
 #549

Depends on how much is present on my account in a single instance. Most of the time, I'm confident on my picks and go ballsy and place a 1 btc bet only to win afterwards. I've lost 0.6 once on MLB betting. It was Rangers vs Yankees. I couldn't care less though, because 0.6 is kind of big, but after a short while I got by with it and accepted it.

Being too confident in gambling costs a lot sometimes, when your confidence snatches all your bitcoins at once then you realize that you were over confidence and that is the reason why you lost everything you had in your account.

However, he gambling with big money. So if he is a good in predicting for sport, he can be winning a lot and 0.6btc is just a small % overall of his bankroll. You can expected someone to win 100% so maybe this is just a case that he has lost and he may have won a lot more from the other bets.
I think even if you're having a defeat that only a few percent of your total bankroll but 0.6 is a huge amount for most people. and I think you can not underestimate it. let alone to Obtain 0.6 BTC is hard for me. I think any amount of Defeat will make-your slightest Become chaotic and disorganized play

For me even, that amount is already huge, I could not gamble that amount for just one time. I would rather use that amount in trading or investing in profitable site. Anyway, that happens already so moving on is very important to have a better plan in gambling the next time around.

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July 23, 2016, 05:16:45 AM
 #550

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.

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July 23, 2016, 06:10:50 AM
 #551

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.

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July 23, 2016, 07:44:12 AM
 #552

I don't think anyone wanna lose by gambling. but it's nature that somebody will lose for sure.I lose over 2milion satoshi by gambling then I stopped gambling. now I don't gamble for big amount. I always gamble carefully but it doesn't easy to win rather easy to lose.And,Now I don't wanna lose because I am running with my profit and wanna make more profit.  Grin
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July 23, 2016, 08:02:29 AM
 #553

I don't think anyone wanna lose by gambling. but it's nature that somebody will lose for sure.I lose over 2milion satoshi by gambling then I stopped gambling. now I don't gamble for big amount. I always gamble carefully but it doesn't easy to win rather easy to lose.And,Now I don't wanna lose because I am running with my profit and wanna make more profit.  Grin
Since you are counting you loses in gambling as satoshis, I could say that you are not a gamblers who best big amount. You are just like a small gamblers like any others here and that is great for you as you can minimize your loses and will not affect your life.

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buddu
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July 23, 2016, 08:41:04 AM
 #554

I tried recently with setting up loss limit prior to gamble. It worked well twice and third time I couldn't stop myself to enter in other funds to recover losses. When we are loosing then mind is not ready to accept any logic. I attempted to recover losses and luckily I got succeed. This is not what will happen always to be good in my favor. I usually have limit of 0.20BTC what I can afford to loose.
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July 23, 2016, 09:08:44 AM
 #555

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.
I think the players will not be possible to stop playing when they have not exhausted all of their money. unless they have control over itself

Once people lose some money in the beginning of gambling whether they are self-controlled or not but mostly they will stop only after losing all their money because they will try to recover back their lost money. Individuals who won some profit only can control themselves to withdraw some profits but very less percentage of people will do this rest of them will stop only after losing all money to casinos whether they win or lose at the beginning.
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July 23, 2016, 09:43:51 AM
 #556

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?


You can lose it all!  Sad
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July 23, 2016, 11:47:31 AM
 #557

It depends on the person gambling, I mean if you don't have self control and you're letting your greed run down then you will probably lose a lot of money Smiley

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July 23, 2016, 11:57:51 AM
 #558

0.05 only cant afford to loose more than that. And besides im not addicted to gambling.
So if i loose that amount its enough.
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July 23, 2016, 12:06:44 PM
 #559

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.

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July 23, 2016, 12:37:57 PM
 #560

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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