poplolnman
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July 27, 2016, 12:43:18 AM |
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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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I'm in 400,000 euros debt , dont help me , i rather die
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goldcoinminer
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July 27, 2016, 08:26:37 AM |
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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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buddu
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July 27, 2016, 08:43:42 AM |
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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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will on fire
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Activity: 94
Merit: 10
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July 27, 2016, 09:56:57 AM |
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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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yndye
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July 27, 2016, 10:15:06 AM |
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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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diodio5
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July 27, 2016, 10:34:25 AM |
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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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20kevin20
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July 27, 2016, 10:45:52 AM |
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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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Mastsetad
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July 27, 2016, 04:50:57 PM |
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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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DeDordtenaar
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July 27, 2016, 09:11:36 PM |
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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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Dwetha
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July 27, 2016, 11:03:31 PM |
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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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SvenBomvolen
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July 27, 2016, 11:20:12 PM |
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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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BitMaxz
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July 27, 2016, 11:40:32 PM |
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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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adaseb
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Up to 300% + 200 FS deposit bonuses
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July 28, 2016, 12:59:18 AM |
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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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Erza
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July 28, 2016, 03:20:10 AM |
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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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prtty2gal2
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July 28, 2016, 05:32:51 AM |
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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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lionheart78
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July 28, 2016, 07:23:44 AM |
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I think the amount i can lose with gambling is around 0.02 BTC - 0.05 BTC each day. This is my bankroll budget. I will stop whenever this budget is depleted. So that is one way of controlling myself of loses whenever Im playing gambling games. So with these budget and playing 2x to 3x a week, my monthly budget would be around 0.15 BTC to 0.3BTC per month.
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Mastsetad
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July 28, 2016, 09:23:09 AM |
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I think the amount i can lose with gambling is around 0.02 BTC - 0.05 BTC each day. This is my bankroll budget. I will stop whenever this budget is depleted. So that is one way of controlling myself of loses whenever Im playing gambling games. So with these budget and playing 2x to 3x a week, my monthly budget would be around 0.15 BTC to 0.3BTC per month.
That is actually the only way to stay safe from losing everything in gambling to just limit your budget for a day and stop when you lose it all. And if you really win 0.15 or 0.3btc in a month then that is great, but if you are talking about loses then that is not quite good to lose that much in a month.
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upsidedown75
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July 28, 2016, 08:07:34 PM |
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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.
Apparently, from the experience I have watched some gamblers, there are only a few gamblers who do that. They are often blinded by "I may win next time" or "I'll get my money back!" and carelessly bet even if it goes beyond the amount that they can afford to lose.
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teilwalL05
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July 29, 2016, 01:07:05 PM |
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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 I think we can never calculate all our loses in gambling if we combine all our loses. And for me, it is more loses than winning that I received when in gambling. Well, that is really what gambling was. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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equator
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July 29, 2016, 03:00:35 PM |
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If i calculate that till now how much actual investment i lost , is nearly 1+ btc and if you calculate that with this investment i went till how much high and then went all lost then it will be crazy as it is nearly 6+ btc , so my main problem is i am not able to stop when i am on loosing streak. That is why i am today in heavy loss and living a normal life with earnings depended on signature campaign and some small altcoin trading.
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