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Author Topic: How much can u lose with gambling?  (Read 28302 times)
Hide_ip112
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July 29, 2016, 03:03:34 PM
 #601

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.

Regrets that you would get if it cannot stop it all and if it can not control themselves. You should stop to gambling in quite some time. For I see that you already have a lot of debt that must be immediately you finish so that you can live a normal life before gambling. Indeed, gambling has a magnet, but you should be able to eliminate the magnet by means of eliminating all thoughts about gambling and hold themselves in order not to do, discussing or considering gambling
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July 29, 2016, 04:18:46 PM
 #602

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.
Do not worry about your losses folk. The good thing is you are still with bitcoin earnings and you could make differences in your life if you are giving up gambling at least now onward.

This situation is most commonly most of the gamblers are facing here. If we are going for gambling only with the amount we can have which will not affect our life by any means in the case of losing all of them. This must be little fact but too hard to realize and to apply when we are gambling.
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July 29, 2016, 05:28:02 PM
 #603

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.

Right. Thats actually the surest way to lose money.Playing with money they can’t afford to lose and hoping for that one big win. That is how people can lose everything in gambling. Never knowing when to stop and letting emotions rule them, that’s how most people play tho. Lol.

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upsidedown75
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July 29, 2016, 06:46:59 PM
 #604

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.
That is the reason we are having martingale strategy with the options of not modifying bet amount when having winnings streak. When you are increasing your bet amount on winning, you might get chances to multiply your bankroll exponentially, at the same time we should not forget losses also may occur exponentially.
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July 29, 2016, 07:06:01 PM
 #605

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.
That is the reason we are having martingale strategy with the options of not modifying bet amount when having winnings streak. When you are increasing your bet amount on winning, you might get chances to multiply your bankroll exponentially, at the same time we should not forget losses also may occur exponentially.
Losses at exponentially? Very much dangerous. The main motivation of the gamblers should be to avoid losses rather than making more profits from it. When you are concentrating to prevent your losses, you will get more chances to multiply your bankroll.
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July 29, 2016, 09:32:14 PM
 #606

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

i think with gambling we are unable to earn profit, no one here have any proof that they have earn bigger amount with gambling and they are getting a steady earning from gambling, you yourself not have any proof that with gambling we will earn a good profit.
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July 29, 2016, 09:38:11 PM
 #607

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

i think with gambling we are unable to earn profit, no one here have any proof that they have earn bigger amount with gambling and they are getting a steady earning from gambling, you yourself not have any proof that with gambling we will earn a good profit.

I've seen many websites doing stuff like .. the owner creating an account claiming to be 'a lucky player', winning hundreds of BTC. It HAS to be the owner, I mean come on... Show me a guy who was able to win +10BTC a day in gambling, never loosing Wink Nah man, gambling is just for fun. And if you are lucky and the site isn't rigged, you might also win what you've lost in total/more.
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July 29, 2016, 11:51:12 PM
 #608

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
Investment into a gambling site's bankroll as an investor is completely different kind from the perspective of gamblers and gambling. Getting scammed after you invest into gambling site as an investor completely not covered from what we are discussing here. I strongly believe those things are not covered under gamblers and gambling aspects.
rio3233
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July 30, 2016, 12:40:21 AM
 #609

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

i think with gambling we are unable to earn profit, no one here have any proof that they have earn bigger amount with gambling and they are getting a steady earning from gambling, you yourself not have any proof that with gambling we will earn a good profit.

I think someone out there can earn profit from gambling, but he never show off. I also lost so much money on gambling, around 3-5+ bitcoins because of gambling.
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July 30, 2016, 01:12:55 AM
 #610

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.
Do not worry about your losses folk. The good thing is you are still with bitcoin earnings and you could make differences in your life if you are giving up gambling at least now onward.

This situation is most commonly most of the gamblers are facing here. If we are going for gambling only with the amount we can have which will not affect our life by any means in the case of losing all of them. This must be little fact but too hard to realize and to apply when we are gambling.

What do you mean dont worry about getting losses? And again you said we still on bitcoin earning? How can you suppose to get earning but you not yet recover what your loss? Anyway this little fact is always saying but everyone but in the end they just pump their adrenaline up when they gambling think that the next move they will win but in the end they just lose it so how much you will lose is really depends on yourself whether you are going to spend most of your coin to get some profit or just put small amount and get low profit
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July 30, 2016, 01:32:29 AM
 #611

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.
Do not worry about your losses folk. The good thing is you are still with bitcoin earnings and you could make differences in your life if you are giving up gambling at least now onward.

This situation is most commonly most of the gamblers are facing here. If we are going for gambling only with the amount we can have which will not affect our life by any means in the case of losing all of them. This must be little fact but too hard to realize and to apply when we are gambling.

What do you mean dont worry about getting losses? And again you said we still on bitcoin earning? How can you suppose to get earning but you not yet recover what your loss? Anyway this little fact is always saying but everyone but in the end they just pump their adrenaline up when they gambling think that the next move they will win but in the end they just lose it so how much you will lose is really depends on yourself whether you are going to spend most of your coin to get some profit or just put small amount and get low profit

Yeah, it's really retard to okay with getting losses on gambling. Our target on gambling is always want win. For me, i can lose much money on gambling.
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July 30, 2016, 02:13:13 AM
 #612

I can not count how many times I lost. I play gambling for pleasure. I do not for a job. gambling is a hobby for me. a fun hobby.
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July 30, 2016, 03:35:40 AM
 #613

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

i think with gambling we are unable to earn profit, no one here have any proof that they have earn bigger amount with gambling and they are getting a steady earning from gambling, you yourself not have any proof that with gambling we will earn a good profit.

I think someone out there can earn profit from gambling, but he never show off. I also lost so much money on gambling, around 3-5+ bitcoins because of gambling.
it is not often a big roller or a jackpot winner announce himself on public.

but lots of people announce himself lost bigger rather than previous winning that they received. so i believe people can lost more than amount that they deposited to a casino to gamble.

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July 30, 2016, 04:06:10 AM
 #614

I can not count how many times I lost. I play gambling for pleasure. I do not for a job. gambling is a hobby for me. a fun hobby.
Same as me, i just cant remember how much i lose in gambling. well if you risk your money there is no assurance that you will earn, mostly player are losing their money in gambling and it depends on how much money you will invest in it. and some are became addicted because they were thinking that next time he will able to win.

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July 30, 2016, 04:59:55 AM
 #615

I can not count how many times I lost. I play gambling for pleasure. I do not for a job. gambling is a hobby for me. a fun hobby.
Same as me, i just cant remember how much i lose in gambling. well if you risk your money there is no assurance that you will earn, mostly player are losing their money in gambling and it depends on how much money you will invest in it. and some are became addicted because they were thinking that next time he will able to win.

Gambling itself is not a bad entertainment. It is just that a lot of the people have overdone themselves and they suffer terribly with it. It is just like pokemon go, there is nothing wrong with this game but many people get into a lot of accidents or problem when they get too involved in it and cause some social problems.
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July 30, 2016, 05:38:08 AM
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I can not count how many times I lost. I play gambling for pleasure. I do not for a job. gambling is a hobby for me. a fun hobby.
Same as me, i just cant remember how much i lose in gambling. well if you risk your money there is no assurance that you will earn, mostly player are losing their money in gambling and it depends on how much money you will invest in it. and some are became addicted because they were thinking that next time he will able to win.

Gambling itself is not a bad entertainment. It is just that a lot of the people have overdone themselves and they suffer terribly with it. It is just like pokemon go, there is nothing wrong with this game but many people get into a lot of accidents or problem when they get too involved in it and cause some social problems.
That is what you called, anything that is excessive is not good, the control is really necessary in all we do especially in doing the most dangerous game which is gambling, we should reserve some discipline to control our self and just play it for the sole purpose of entertainment.
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July 30, 2016, 10:51:24 AM
 #617

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.

Right. Thats actually the surest way to lose money.Playing with money they can’t afford to lose and hoping for that one big win. That is how people can lose everything in gambling. Never knowing when to stop and letting emotions rule them, that’s how most people play tho. Lol.
Yes, because they don't mind other people that can also affect on what they are doing. They don't care what will say them and they don't care of their money. As long as they can do what they wanted, they will just do it without any hesitation.
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July 30, 2016, 11:02:10 AM
 #618

I can not count how many times I lost. I play gambling for pleasure. I do not for a job. gambling is a hobby for me. a fun hobby.
Same as me, i just cant remember how much i lose in gambling. well if you risk your money there is no assurance that you will earn, mostly player are losing their money in gambling and it depends on how much money you will invest in it. and some are became addicted because they were thinking that next time he will able to win.

That is very scenario when addicted of gambling and don't know how much we have lost there, mostly we have this kind of situation when lost our control and start chasing our loses, that is the reason people are losing too much with gambling because of greediness.
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July 30, 2016, 04:29:01 PM
 #619

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
Investment into a gambling site's bankroll as an investor is completely different kind from the perspective of gamblers and gambling. Getting scammed after you invest into gambling site as an investor completely not covered from what we are discussing here. I strongly believe those things are not covered under gamblers and gambling aspects.
I agree losing as a gambler is different from losing as a gambling house owner/partner. But, when you are considering all the possible opportunities/events with gambling industry, I believe we have to cover a right of gambling site investors too. So, we also need to discuss about how much a gambling site investor could lose.
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July 31, 2016, 09:48:34 AM
 #620

I can not count how many times I lost. I play gambling for pleasure. I do not for a job. gambling is a hobby for me. a fun hobby.
Same as me, i just cant remember how much i lose in gambling. well if you risk your money there is no assurance that you will earn, mostly player are losing their money in gambling and it depends on how much money you will invest in it. and some are became addicted because they were thinking that next time he will able to win.

That's right, you can lose as much as much you have while you go in gambling, because if you can win unlimited in gambling then you can also lose everything in it and that is the thing people dont think of when they put all their money into it.
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