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Author Topic: Gambling loses and wins  (Read 25402 times)
PhucS
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March 03, 2017, 02:52:56 PM
 #681

Can say I've lost a lot of money because of gambling addiction. I do not remember exactly, but the money I win when winning is only half the money I lost. I recommend that you do not get too addicted to gambling. I was once like you, play a lot and lost. Then, want to play to earn back the money lost. If you are lucky to recover the amount lost is better. But if you continue to lose, then you will suffer the consequences quite large. Gambling is a game of risk, largely based on luck factor is mainly, today you should be able to win a lot but tomorrow you may lose more
bravehearth0319
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March 11, 2017, 02:11:36 PM
 #682

gambling is not predictable that easy. gambling is a risky game. nearly 70% of my defeat. but my profits outweigh the disadvantages. you should see that gambling could generate a lot of money by betting small and too short time. whatever happens you still will not be able to predict the outcome of gambling. Gambling is risky !!! you have to be brave !!

Your right, gambling is unpredictable and it is very risky to do because there is a chance that we might loss a big amount of money once you try to start to play on this sites. And I agreed that you need to be brave, as in brave to be loss most of the time in gambling sites Cheesy Grin
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March 12, 2017, 06:19:31 AM
 #683

Me too down some 100$ and still in process to earn it back.

I think you should just forget it by thinking spent money for fun or entertainment because if we try to recover back our loses than we may end up losing more. So just play some times for fun and if your lucky than surely you will win back your money but don't try to chase the winnings.

That's right, the more we think to recover our looses in the game, is the more we gave ourselves to be lose again and again. So the better way for this concern is to stay away with it. At least win or lose it doesn't matter at all.
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March 12, 2017, 08:49:24 AM
 #684

Me too down some 100$ and still in process to earn it back.

I think you should just forget it by thinking spent money for fun or entertainment because if we try to recover back our loses than we may end up losing more. So just play some times for fun and if your lucky than surely you will win back your money but don't try to chase the winnings.

That's right, the more we think to recover our looses in the game, is the more we gave ourselves to be lose again and again. So the better way for this concern is to stay away with it. At least win or lose it doesn't matter at all.

True, the worst thing to do is chasing winnings in gambling. Only luck is needed to win money in gambling, so there is no need to try so hard to recover your losses. If you try to recover at least, you can save those coins and think whatever your lost is donated to someone. Concentrate on earning back those losses from some other investments and never try from gambling again.
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March 12, 2017, 09:10:33 AM
 #685

Losses has a very deep part of gambling and as you experience this everytime you are playing gambling you become more aggressive to bet for more, its doesn't give you discouragement even though its becoming worst. When you compare it with your wins I see the same idea of no satisfaction even you won a good prize, still you don't stop and still hope for another chance which could turn out you to lose again and again.

I agree that losses is really a deep part of gambling.  It is designed that way because of the house edge.  Though it is decided by chance, with the house having an edge, there is more possibility that the house will win in every roll.  Though some analyst say there is an equal chance in every roll in gambling.

Yes, the loss is the main part of gambling. If you play slot games, then the house having an edge and your loses chance will increase. So if you want to increase your win chance, you must play skill games. Here the win and loss both have equal value. And sometimes the win have more value than a loss. I don't know who said that there is an equal chance in every roll in gambling. According to me lose chance in high in every roll.
Even if there is no house edge, the sites has still the advantage because they have proven to be smarter than us with the evident by their profitable business. Losing when accepted will give us entertainment in playing games we like, whatever game it is as long as it's our favorites, we will always appreciate the chance to enjoy.

This is a common myth in gambling community that casino operators are smart and tricky and find their ways to always win, and only the most smart players can possibly match them. But in truth, everything is very simple, first there is the house edge, which needs to be there simply because casino is a service that requires money to operate - servers, employees, advertising, development. etc. But I also believe that the house gets the profit from other source - gamblers ruin theorem. When player visits a casino, he can only play for as long as he have a balance, and since the chances to lose are almost the same as chances to win, it only means that after some period of playing you will lose your deposit, because casino has hundreds or thousands bitcoins in its bankroll and can cover any loss, while players ability to cover loses is very limited.
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March 12, 2017, 10:33:20 AM
 #686

I played every day and use martingale strategy.
Wins about 0.2-0.3 btc.
But i lose to if i have not luck.. Lose 0.1-0.2 btc.

That's ok because you make it up. And how many btc do you start with when you get daily ? Once you win do you stop before you lose everthing ? Would like to know if you don't mind.

i usually start from 0.4-0.5btc.
Yes, need stop when you win some profint, else can lose all btc.

Wow you get i high of money therefore you are rich kid.  And always on the winning side therefore it is hard to get that in the same way that you usually on the winning side if you are on gambling or on the losing side if you are in the gambling.
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March 12, 2017, 10:42:15 AM
 #687

I played every day and use martingale strategy.
Wins about 0.2-0.3 btc.
But i lose to if i have not luck.. Lose 0.1-0.2 btc.

That's ok because you make it up. And how many btc do you start with when you get daily ? Once you win do you stop before you lose everthing ? Would like to know if you don't mind.

i usually start from 0.4-0.5btc.
Yes, need stop when you win some profint, else can lose all btc.

Wow you get i high of money therefore you are rich kid.  And always on the winning side therefore it is hard to get that in the same way that you usually on the winning side if you are on gambling or on the losing side if you are in the gambling.
Thats not actually indicates a rich kid but a total gambler since he could able to risk that huge amount of money on playing gambling and regarding to his perspective he does really always see on the winning side which is hard and would really frustrate you when you do suffer loses on playing gambling.If you do tend to play gambling then its better to accept the loses you will experience.

Harry Callahan
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March 12, 2017, 11:10:25 AM
 #688

Can say I've lost a lot of money because of gambling addiction. I do not remember exactly, but the money I win when winning is only half the money I lost. I recommend that you do not get too addicted to gambling. I was once like you, play a lot and lost. Then, want to play to earn back the money lost. If you are lucky to recover the amount lost is better. But if you continue to lose, then you will suffer the consequences quite large. Gambling is a game of risk, largely based on luck factor is mainly, today you should be able to win a lot but tomorrow you may lose more
If you start playing to recover your lost money then it will be a disaster because if you look at this forum you could see many people losing their money trying to recover the small amount of money they lost and end up losing a huge amount of money and the damage it can do will be staggering,so never plan on recovering if you already having a bad streak,just stop that and do something else.
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March 12, 2017, 12:49:23 PM
 #689

If you start playing to recover your lost money then it will be a disaster because if you look at this forum you could see many people losing their money trying to recover the small amount of money they lost and end up losing a huge amount of money and the damage it can do will be staggering,so never plan on recovering if you already having a bad streak,just stop that and do something else.

Well most people lose higher amount when they try to recover small amount however it is just a coincidence that everything we read in this forum are more likely of losing experience however we dont know that if someone actually win when trying to recover. From so many attempt there should be few that win of course
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March 12, 2017, 01:06:36 PM
 #690

I believe it will always a looser at the end in terms of gambling due to your frustrations and regret on this game that will make you more aggressive on bets without thing normally. Gambling is will just give you a temporary taste of success but at the end of the day the reality is that you still lost lots of money that what you gained.

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March 12, 2017, 01:09:49 PM
 #691

I played every day and use martingale strategy.
Wins about 0.2-0.3 btc.
But i lose to if i have not luck.. Lose 0.1-0.2 btc.

That's ok because you make it up. And how many btc do you start with when you get daily ? Once you win do you stop before you lose everthing ? Would like to know if you don't mind.

i usually start from 0.4-0.5btc.
Yes, need stop when you win some profint, else can lose all btc.

Wow you get i high of money therefore you are rich kid.  And always on the winning side therefore it is hard to get that in the same way that you usually on the winning side if you are on gambling or on the losing side if you are in the gambling.
First, start with 0.4-0.5 btc doesn't mean he is a rich kid. Second, you should not quote an old post (that post was March 16, 2016) and he is also full of negative trusts, don't believe any of his words. Third, there is no "always on winning side" in gambling, do you think you can always win in gambling?  Wink
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March 12, 2017, 04:52:06 PM
 #692

The more we play in gambling actually is the more we also learn in every losses we faced in the gambling world. But majority of the player even they know what they what there doing still ignoring was always being implemented so the result in the lots of losses in money because of being greedy in the games.

Losing and winning is normal on gambling, so whether you lose or not, it is important to have self-discipline and self-control, what for? Obviously, for us not to be addicted on it and not to lose so much money that we can not afford to lose, though, a time might come where we are going to take all the risk just to win it all back what we have lost, and it happens all the time.

But, if you are going to think first the circumstances that you are going to have if you are just going to gamble all the money that you have without hesitating, then you might end up broke or worst, that is why gambling is not recommended on earning money, or making our money doubled.
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March 12, 2017, 06:43:47 PM
 #693

I played every day and use martingale strategy.
Wins about 0.2-0.3 btc.
But i lose to if i have not luck.. Lose 0.1-0.2 btc.

That's ok because you make it up. And how many btc do you start with when you get daily ? Once you win do you stop before you lose everthing ? Would like to know if you don't mind.

i usually start from 0.4-0.5btc.
Yes, need stop when you win some profint, else can lose all btc.

Wow you get i high of money therefore you are rich kid.  And always on the winning side therefore it is hard to get that in the same way that you usually on the winning side if you are on gambling or on the losing side if you are in the gambling.
Next time when you decide to quote 1 year old post i would suggest you to look at bitcoin chart from last march and you will notice that price was 3X lower than it is now. So 0.1-0.2 would be 40-80$. Also check on dollar value from that time. 
Mike Mayor
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March 18, 2017, 09:23:35 PM
 #694

I guess I am lucky. I have not lost much and it will sway both ways. I win some and I lose some. So its balanced. Maybe one day I will be lucky enough to have to sway to the winning side. It it will not stay there for long. The longer ypu play the close it gets to 0 or even - when it goes to - then that is how the casino will work out its profits. I just never want to tell a horror story of losing many btc. Thst is gambling addiction and is dangerous. Only play with what you already can consider losing.

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March 18, 2017, 09:26:24 PM
 #695

So.... how much have you win or loss gambling ?? And what did you stake ?
I've lost about $60 so far but im planning to win it back. Pigs get fat and hogs get slaughtered.
A saying well said, however i still need to learn it since my greed is my downfall. Guys and girls
how much money have you made or lost gambling ? Any pointers or warnings ? 

The more we play in gambling actually is the more we also learn in every losses we faced in the gambling world. But majority of the player even they know what they what there doing still ignoring was always being implemented so the result in the lots of losses in money because of being greedy in the games.
I have heard that some people continue to gamble and ignore the result because they do not play for money but they play for fun and these type of people do not focus on their winnings but they focus on fun alone.
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March 18, 2017, 11:57:40 PM
 #696

So.... how much have you win or loss gambling ?? And what did you stake ?
I've lost about $60 so far but im planning to win it back. Pigs get fat and hogs get slaughtered.
A saying well said, however i still need to learn it since my greed is my downfall. Guys and girls
how much money have you made or lost gambling ? Any pointers or warnings ? 

The more we play in gambling actually is the more we also learn in every losses we faced in the gambling world. But majority of the player even they know what they what there doing still ignoring was always being implemented so the result in the lots of losses in money because of being greedy in the games.
I have heard that some people continue to gamble and ignore the result because they do not play for money but they play for fun and these type of people do not focus on their winnings but they focus on fun alone.

i know some of people which is continue to gamble because the only they can think is to make big money and beside they are trying to earn money, they are really enjoy the games like gtglener said. they have many experience with the loses and the wins and they don't count how much they loss and win.

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March 19, 2017, 12:28:21 AM
 #697

Jasonort lost 450 Bitcoins, others say even 950 Bitcoins! Betcoin.ag extort 500 Bitcoins Jackpot winner for “settlement”
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March 19, 2017, 12:34:23 AM
 #698

So.... how much have you win or loss gambling ?? And what did you stake ?
I've lost about $60 so far but im planning to win it back. Pigs get fat and hogs get slaughtered.
A saying well said, however i still need to learn it since my greed is my downfall. Guys and girls
how much money have you made or lost gambling ? Any pointers or warnings ? 

The more we play in gambling actually is the more we also learn in every losses we faced in the gambling world. But majority of the player even they know what they what there doing still ignoring was always being implemented so the result in the lots of losses in money because of being greedy in the games.
I have heard that some people continue to gamble and ignore the result because they do not play for money but they play for fun and these type of people do not focus on their winnings but they focus on fun alone.

i know some of people which is continue to gamble because the only they can think is to make big money and beside they are trying to earn money, they are really enjoy the games like gtglener said. they have many experience with the loses and the wins and they don't count how much they loss and win.

The fact is they are the rich people who have high bankrolls and won't care about the winning or loosing as gambling is an hobby for them and an form of entertainment so even if they will loose they will take it lightly and positively and continue to gamble even after loosing.

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March 19, 2017, 07:34:22 AM
 #699

I guess I am lucky. I have not lost much and it will sway both ways. I win some and I lose some. So its balanced. Maybe one day I will be lucky enough to have to sway to the winning side. It it will not stay there for long. The longer ypu play the close it gets to 0 or even - when it goes to - then that is how the casino will work out its profits. I just never want to tell a horror story of losing many btc. Thst is gambling addiction and is dangerous. Only play with what you already can consider losing.
I think we all have our horror stories in gambling and that makes me mature along the way. I do gamble busefore without control that is why I lost a lot of money and now I realize that gambling should be played for fun only and focus on others things like investing and trading if you want to make money. Sometimes we make mistakes and we gamble for profit because our greediness will strike and once again we will lose more money, it takes time to learn but what is important in the right time we will learn not to do the same mistakes again.

R


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March 19, 2017, 10:32:13 AM
 #700


The fact is they are the rich people who have high bankrolls and won't care about the winning or loosing as gambling is an hobby for them and an form of entertainment so even if they will loose they will take it lightly and positively and continue to gamble even after loosing.

Some people take things lightly. They dont care when they win or lose when gambling. In fact that few days there are one gambler that lose over 300 btc in just a few bets. That is a very huge amount despite the current price, perhaps it is a life changing amount that could be usefull to do other thing despite losing it to a gambling site
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