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Author Topic: Gambler sinks $200,000 USD in less than 20 minutes at BetKing.io  (Read 1027 times)
Cyrax89721 (OP)
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March 12, 2016, 02:44:06 PM
Last edit: March 12, 2016, 02:58:01 PM by Cyrax89721
 #1

Last night ended up being a pretty huge night for investors at Betking.io  

After the month of February which saw a few lucky gamblers winning more than 500 BTC from the sites bankroll, one of those winners, who managed to make it up to 170 BTC profit, had a massive windfall last night after a couple of really bad, really large martingales and sunk 470 BTC within 20 minutes, bringing investors back into range of the sites all time high profit of ~4,000 BTC.  My jaw was certainly on the floor.

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March 12, 2016, 02:49:33 PM
 #2

That's what happens when you leave a mirtangle working.
He could've make use of te money for a better way like buying stuffs of donating it to a charity rather loosing it in gambling in just a matter of minutes. This sucks for the bettor yet the investors indeed made a nice profit out of this loss.

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Dank Frank
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March 12, 2016, 02:51:32 PM
 #3

He really had some bad luck there. from +150 down to -294 btc  Shocked

I wonder if he comes back to recover, he didn't seemed to care much about the loss...
Wilberforce
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March 12, 2016, 03:03:29 PM
 #4

wow 5 times martingale is very weak.  Roll Eyes

How this investing stuff works exactly?
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March 12, 2016, 03:06:00 PM
Last edit: July 01, 2016, 06:56:00 AM by LightPulsar07
 #5

the investors are lucky last night hehe. 200k usd lost because of gambling?? he's addicted to gambling. in 200k you can buy a house and a car in that amount.

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hasiramasenju
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March 12, 2016, 03:06:57 PM
 #6

that was very bad luck and looks like martingale already destroy your day and just like many people said these strategy doesn't working any longer
because lot of people already lost during use these strategy
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March 12, 2016, 03:11:50 PM
 #7

money calls for money, addiction calls for addiction.

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zodiac3011
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March 12, 2016, 03:23:55 PM
 #8

this is what's called burning money. Unless you are really really rich or this is just a stupid way to earn money and even for entertaining yourself at all. if the dice site can set the chance to 91% or more, I would go half my money and earn like 1% as profit or something. This would make me rich already
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March 12, 2016, 03:29:09 PM
 #9

That's what happens when you leave a mirtangle working.
He could've make use of te money for a better way like buying stuffs of donating it to a charity rather loosing it in gambling in just a matter of minutes. This sucks for the bettor yet the investors indeed made a nice profit out of this loss.
Dang. That guy's large bankroll was his achilles heel. Maybe they got a lot of bitcoins back in 2011 at a low price?
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March 12, 2016, 03:30:34 PM
 #10

This is a hefty loss, 294 btc is pretty big deal. i hope he's doing ok. he should have called it off at 150 btc profit.
i can only imagine losing that kinda amount.  Undecided
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March 12, 2016, 03:31:56 PM
 #11

This is a hefty loss, 294 btc is pretty big deal. i hope he's doing ok. he should have called it off at 150 btc profit.
i can only imagine losing that kinda amount.  Undecided
Yeah, but even when you win a lot, you still want more. That's the addiction behind gambling, and so you keep coming back.
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March 12, 2016, 03:36:49 PM
 #12

OH my God! what happen to the gambler after his loosing?really waste of money...i could be rich if i had this money..i never play gambling like this..there is no trick in casino gambling..better he tried some sports betting,
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March 12, 2016, 03:37:56 PM
 #13

From what i understood he made huge profits with sports betting and wasn't playing dice that long.

And what is rich to one, is nothing to someone else...
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March 12, 2016, 03:40:36 PM
 #14

That's pretty hard core. The most I have ever lost was 2btc, and I felt like shit for several days afterwards!

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March 12, 2016, 03:45:50 PM
 #15

Whoa. Bad fucking day. The worst I've ever done is making 3.5BTC on the Superbowl, then diced it up to 4.5 BTC and said to my self "Once you get up to 5, we're out." Yup lost it all, don't do the dice anymore.

No way that shit isn't backdoored.


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March 12, 2016, 03:50:33 PM
 #16

The person is sick a lot of amount of money and lost it for just 20mins maybe this person needs some help from a psycharist. If he lives here in our country that amount worth millions so sad that despite poverty there still some people out there who can still okay losing lots of money just for gambling.

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March 12, 2016, 03:52:34 PM
 #17

Whoa. Bad fucking day. The worst I've ever done is making 3.5BTC on the Superbowl, then diced it up to 4.5 BTC and said to my self "Once you get up to 5, we're out." Yup lost it all, don't do the dice anymore.

No way that shit isn't backdoored.


Whenever you set a higher goal, you're committed to that. Once you start losing, you know you might go bankrupt, but you still don't want to stop because of the chance that you could win big. Too bad that's not the case.
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March 12, 2016, 03:56:24 PM
 #18

well the strategy sucks , also it looks like it's so easy to go broke by the way he was betting
but in general we are discussing the loss here while the player who lost it probably doesn't care at all about this amount , I guess so
he bought btc early or he is super rich , Don't do this anyway  Grin
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March 12, 2016, 04:07:53 PM
 #19

Thank you for the screenshot.

Damn that's a huge amount to lose. I hope he didn't need it too much.. but let's be honest : he deserved to lose. Losing 5 times in a row happens A LOT. Being wiser he could make a lot of money than just throwing big amount away like this.
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March 12, 2016, 04:21:41 PM
 #20

yah, this is a very good example of how gambling is hard to keep winning. and when u lose, u gonna lose it all. u never know when is your peak and it is always too late to catch back when things just keep going in the wrong for you.
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