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Author Topic: How much can u lose with gambling?  (Read 28301 times)
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April 19, 2017, 04:17:43 AM
 #1021

I am pretty sure that people could lose more than what they have in their accounts depending on the contract of the website or company. Losing a bunch of money happens with everyone each day so that isn’t anything to stress about, if the person has a negative balance and owes money then that is a serious issue.
That is why people should gamble with Bitcoin because contracts and website rules won’t force people to spend more money than what they have in their accounts.


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April 19, 2017, 04:50:25 AM
 #1022

Yeah if i ever lose. We will try again to play to recover our losses so in the mean time i can't now control myself playing again my remaining bankroll just to recover my losses, then definetely it will just lose and lose until it will become zero, but i'm only playing thay i can afford to lose for it

You can control yourself by limiting the amount to play. Play only for fun with a small amount start from $1 then go lower and lower until you dont really feel like wanting to win but only want to try some luck from gambling, who knows that we might turn that $1 or even lower into a significant amount like winning the jackpot
Sometimes the more fun we enjoyed the game the more we lose temper by playing gambling Let's Just say we can limit are selves to not bet that high but the odds triggered us to play more than what we desired in game. Either you will play from that starting amount until you got the perfect combination of betings Its too hard to play with small bankroll i might rather play with high capital and play smart bets with 1satoshi and see what will be the result before beting high amounts.

I agree and I think it will be better if we also limit our bankroll.  We should set a limit on how much we are willing to use as fund in our bankroll that day and stick with it. Just like what I always do whenever I gamble. 0.05 BTC for the session.  Then if I wanted to play long I limit my bet to smaller amount.  No matter what happen win or lose, I do not add another fund to the bankroll even though I wanted to extend my time playing.  Once the intended bankroll is depleted, it means game is over for me on that day.
We should really have this behavior as a gambler because this kind of acts will surely lessen up our loses on playing gambling and also slows the tendency of getting addicted on gambling most of cases gamblers do lose up too much because when they lose they still decide to deposit even more. 0.05 per session is too much on me..maybe 0.02 would be the max.

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April 19, 2017, 05:07:52 AM
 #1023

It is extremely easy to lose all of your bankroll with gambling. Without enough self control, you can go on tilt after a tough loss causing you to wager more than you normally would and you might go broke doing so.

And how much you can lose with gambling, let's say you can easily lose all that you've got. But of course most of us aren't that willing to lose all. And if ever you lose your control then that's the time that you can lose everything you've got. I don't want to lose all of my bankroll and I know how to control myself when it comes to bankroll management.
Yeah if i ever lose. We will try again to play to recover our losses so in the mean time i can't now control myself playing again my remaining bankroll just to recover my losses, then definetely it will just lose and lose until it will become zero, but i'm only playing thay i can afford to lose for it

You should control yourself if you are in that state of being. It's better not to use your remaining bankroll for the aim of recovering your losses. We know that the more act of chasing you'll do, the more chance of losing more in the end.
that's why you need to set a winning amount target or max losing amount , otherwise you would just make your situation getting worse time to time. at least when you have tried for the second time to recover your previous losses and still find yourself failed , then you have to realize something bad more than just lost after lost could happened if you didn't stop it immediately.

And if you will set a winning amount make sure that it will be for real. Don't set an amount that you cannot get for real because most of the time, we can lose everything when we are getting hard time to reach that set amount. There are gamblers that when they are trying to recover losses, they can even lose bigger than their previous lose.

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April 27, 2017, 07:36:08 PM
 #1024

That depends solely on what game are you playing and what is your bets. Casino players lost a lot and win a lot but it is still a win lose situation. Other players lost a lot in the casino up to a million dollars. Cockfighting is one of the most popular gambling in my area, I've seen people lost a lot in cockfights. Too much effort just to condition your rooster to be able to fight but still lose. Sad.

When asking about me, I just gamble seasonally or when the NBA playoffs come. I also play lottery sometimes but buying it's tickets won't lose you too much money except when you are buying a lot of tickets. Sometimes I play card games with my cousins and lose a lot sometimes.
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April 28, 2017, 10:14:29 PM
 #1025

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?

Well most of the time gambling is really actually a game that makes you lose money than earning. You have more percentage of losing money than winning I would say 99% you lose and just 1% of winning, so think always that whenever you gambling you would actually lose than winning and for me I have not tried on gambling yet online with bitcoin that's because I worked hard on them to earn and I would not want to risk all of my hard work just to lose it in an instant. Gambling is just an entertainment and they are a working business that wants your money so its like your just playing to just to pay them but many people are losing a lot of money on them. Some lost millions some lost in bulks which they don't realize that they already lost a lot of money. So be careful on gambling  Wink
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April 29, 2017, 12:59:58 AM
 #1026

I play dont play much in gambling i only able to spend some of my money that i can afford in that way either i won or lose my money i will dont get rid to chase recovering my losses.
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April 29, 2017, 02:57:59 AM
 #1027

I play dont play much in gambling i only able to spend some of my money that i can afford in that way either i won or lose my money i will dont get rid to chase recovering my losses.

That is the best way to play, just bet the amount you are afford to lose. Otherwise we can lose a lot of money by gambling, there isn't limitations, if you are betting with a 1 BTC balance, you can lose 1 BTC, if you are playing with 10 BTCs bankroll, you can lose the 10 BTCs... Big balances can help you to survive more time in game, but can lead you to a highest lose also. It's a double edged sword.

 
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April 29, 2017, 03:13:54 AM
 #1028

I play dont play much in gambling i only able to spend some of my money that i can afford in that way either i won or lose my money i will dont get rid to chase recovering my losses.

That is the best way to play, just bet the amount you are afford to lose. Otherwise we can lose a lot of money by gambling, there isn't limitations, if you are betting with a 1 BTC balance, you can lose 1 BTC, if you are playing with 10 BTCs bankroll, you can lose the 10 BTCs... Big balances can help you to survive more time in game, but can lead you to a highest lose also. It's a double edged sword.

It's nice that you have a good discipline in gambling. It should be play that way, play it only for entertainment and not think of it as a source of income because there is no fixed income on it. I strongly believe that winning in gambling really depends on pure luck. Knowledge and skill might help you but will not give you an assurance to win.
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April 29, 2017, 03:45:10 AM
 #1029

I play dont play much in gambling i only able to spend some of my money that i can afford in that way either i won or lose my money i will dont get rid to chase recovering my losses.

That is the best way to play, just bet the amount you are afford to lose. Otherwise we can lose a lot of money by gambling, there isn't limitations, if you are betting with a 1 BTC balance, you can lose 1 BTC, if you are playing with 10 BTCs bankroll, you can lose the 10 BTCs... Big balances can help you to survive more time in game, but can lead you to a highest lose also. It's a double edged sword.

It's nice that you have a good discipline in gambling. It should be play that way, play it only for entertainment and not think of it as a source of income because there is no fixed income on it. I strongly believe that winning in gambling really depends on pure luck. Knowledge and skill might help you but will not give you an assurance to win.
That's a must, everyone must have a discipline in gambling in order for him to enjoy and not to lose more than he can afford to lose. We do not need to play gambling if we are greedy because instead of wining, we will just lose in the end. A discipline gambler does not lose more than he can afford to lose but rather he understand his chances and he enjoyed the game despite of losing the money he bet.

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April 29, 2017, 03:51:52 AM
 #1030

I play dont play much in gambling i only able to spend some of my money that i can afford in that way either i won or lose my money i will dont get rid to chase recovering my losses.

Me too I don't play too much in gambling, I'm just gambling when I have time to do so. And I'm willing to lose up to 0.1 BTC maximum with whatever gambling game I want to play. Mostly I'm playing poker and sports bet and that amount can bear up to 2 weeks but once I started to grow it then I will secure this amount.

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April 29, 2017, 04:11:45 AM
 #1031

I play dont play much in gambling i only able to spend some of my money that i can afford in that way either i won or lose my money i will dont get rid to chase recovering my losses.

Me too I don't play too much in gambling, I'm just gambling when I have time to do so. And I'm willing to lose up to 0.1 BTC maximum with whatever gambling game I want to play. Mostly I'm playing poker and sports bet and that amount can bear up to 2 weeks but once I started to grow it then I will secure this amount.
How is that amount be budgeted, is that your limit on monthly basis or weekly, I think for me that is big enough if it's for weekly. I can afford like $500 as my monthly limit, from time to time that changes because I based it in my monthly earning as well. I have a job and I have online ventures so I think spending that amount would help to keep me going and live a balance life not forgetting about entertainment.

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April 29, 2017, 04:28:04 AM
 #1032

I play dont play much in gambling i only able to spend some of my money that i can afford in that way either i won or lose my money i will dont get rid to chase recovering my losses.

That is the best way to play, just bet the amount you are afford to lose. Otherwise we can lose a lot of money by gambling, there isn't limitations, if you are betting with a 1 BTC balance, you can lose 1 BTC, if you are playing with 10 BTCs bankroll, you can lose the 10 BTCs... Big balances can help you to survive more time in game, but can lead you to a highest lose also. It's a double edged sword.
that's the problem bigger bankroll can help you to extend your time but its not assuring you to be safe, its also adding some edge
for you to take some advantage while you are still seeing green from your balance nonetheless if got greedy and addicted much
bigger loses will follow but always stay with basic principles "use the money you can afford to lose".
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April 29, 2017, 06:34:00 AM
 #1033

I could only send about .01 BTC so I think that is my limit right now,
And that is for my weekly gambling and I think it is the only money that I can afford to lose for a week.

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April 29, 2017, 05:30:01 PM
 #1034

I can lose how much in my wallet but I'm afraid to lose who and when. What I'm saying is money can be solved and replaced with hard work if you're willing to do so. How about the people that surrounds you will disappear because of your addiction? How about time, days, hours, and minutes you spent in gambling, can you even return pushing back the time? So when I gamble I make sure I risk only the limit what I have.
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April 29, 2017, 09:10:10 PM
 #1035

I can lose how much in my wallet but I'm afraid to lose who and when. What I'm saying is money can be solved and replaced with hard work if you're willing to do so. How about the people that surrounds you will disappear because of your addiction? How about time, days, hours, and minutes you spent in gambling, can you even return pushing back the time? So when I gamble I make sure I risk only the limit what I have.
That's a nice concept for people that are addicted to gambling. Money is not the only thing that someone could lose if they spend too much on it since the greed with gambling brings a stronger urge to gamble especially when they lose a bet.
Losing a gambling bet a bunch of times could desensitize the person to losing and the gambler won’t know that he is losing a bunch of money on each gamble that they do. I like to just gamble when there is nothing else to do.


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FlightyPouch
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April 29, 2017, 09:30:32 PM
 #1036

I could only send about .01 BTC so I think that is my limit right now,
And that is for my weekly gambling and I think it is the only money that I can afford to lose for a week.

I think it is better if you stop man. .01 might not be that big amount, but that small amount can be turned into a big one if you do not use it for gambling. You can always save, you don't need to gamble every week and lose your .01 BTC. I do gamble but I don't like to lose that is why I am just using faucets of an online gambling site or casino. I don't use my money for something like that.

J dont want to risk my money in somethingblike that. If I will be just risking my money or bitcoin, I would rather invest it or trade it.

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April 29, 2017, 11:59:55 PM
Last edit: May 01, 2017, 07:08:35 AM by Fireblade
 #1037

I can lose how much in my wallet but I'm afraid to lose who and when. What I'm saying is money can be solved and replaced with hard work if you're willing to do so. How about the people that surrounds you will disappear because of your addiction? How about time, days, hours, and minutes you spent in gambling, can you even return pushing back the time? So when I gamble I make sure I risk only the limit what I have.
to me as i play gambling with a strategy, therefore to me i think i can lost a fixed amount of money in gambling, because i am a strong decision taker person and can play according to my planing and strategy, i can even stop gambling when i reach to the limit that i have fixed for gambling without exceed the limit. and through this way i can really minimize the risk of losing money, because whenever i realize that today is the bad day for my gambling then i minimize my gambling activities for that day.
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April 30, 2017, 12:07:56 AM
 #1038

I can lose how much in my wallet but I'm afraid to lose who and when. What I'm saying is money can be solved and replaced with hard work if you're willing to do so. How about the people that surrounds you will disappear because of your addiction? How about time, days, hours, and minutes you spent in gambling, can you even return pushing back the time? So when I gamble I make sure I risk only the limit what I have.
to me as i play gambling with a strategy, therefore to me i think i can lost a fixed amount of money in gambling, because i am a strong decision take person and can play according to my planing and strategy, i can even stop gambling when i reach to the limit that i have fixed for gambling without exceed the limit. 

What you are telling is just what bankroll system to follow when ever you are gambling so that you can fix that how much you can lose every day without affecting your daily life so that you can come back next day and play gambling with out a bad feeling of last day lose. This will keep you in gambling for long time and you will be in profit
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April 30, 2017, 04:12:12 AM
 #1039

if you're already addicted in gambling you could lose everything. But if your just gambling for fun you could still lost big amount even if you bet small amounts. Just like me, but i'm still playing though.

Indeed if we have a sense of addiction then occurs every day even every second we can not let go and allow you a lot of loss you have, but if you only play with havin happy perhaps that we can limit your activities, it's likely not betting small or big problem. I myself also play gambling by way of a man is happy only, any time we can arrange it
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April 30, 2017, 06:19:03 AM
 #1040

if you're already addicted in gambling you could lose everything. But if your just gambling for fun you could still lost big amount even if you bet small amounts. Just like me, but i'm still playing though.

Indeed if we have a sense of addiction then occurs every day even every second we can not let go and allow you a lot of loss you have, but if you only play with havin happy perhaps that we can limit your activities, it's likely not betting small or big problem. I myself also play gambling by way of a man is happy only, any time we can arrange it

That's the proper attitude towards gambling really and i agree with you here. Gambling doesn't have to be that much into one's life because if you talk about what you can lose, there a lot of true stories about people who lost everything because of their addiction. Proper gambling is attainable and people should learn to manage time and money to avoid losing big

 
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