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Author Topic: Worst mistake in gambling  (Read 42585 times)
wxa7115
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December 15, 2016, 11:00:32 PM
 #641

Well I made the mistake to set the chance on 2% instead of the multiplier on 2x multiple times, and lost some btc in doing so.
But one time I was lucky and I hit it with 0.16 and got 7.76 profit. But yeah I hope not to make such mistakes too much in the future.
I think we can not considering it as worst mistake we can just say that you doing mistake and you are lucky to hit it..
But if you lose and bet a large amount and lose it we can say it is worst mistake you experience in gambling..
All people here i think are experience of mistake even not in gambling..
I have many worst mistake that i really experience in gambling that actually i do not want to happen again in the future.. I learn and not doing it again in the future but it keeps happen not always but sometimes.
I disagree a mistake is a mistake even if things turn out to be favorable to you at the end, a mistake is something you should have avoided but for some reason you did not, if I fall off a cliff and for some miracle I survive without any injury, that does not mean I should have jump off the cliff, in this example I would have been very lucky, nothing more.

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December 15, 2016, 11:14:04 PM
 #642

Betting big/all in on low odds games is a pretty bad mistake, If not the worst. Ive been a part  of  that myself and have seen other ppl do it as well and lose some game which had extremely low odds. I had Golden State warriors on my parlay while they were playing against lakers and I was getting 1.026x on it. I could have left that game out of the parlay but then I thought there's no way they lose. Turns out they were the only team that lost in my 6x parlay. Sucks really hard when that happens.

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December 16, 2016, 12:18:20 AM
 #643

Betting big/all in on low odds games is a pretty bad mistake, If not the worst. Ive been a part  of  that myself and have seen other ppl do it as well and lose some game which had extremely low odds. I had Golden State warriors on my parlay while they were playing against lakers and I was getting 1.026x on it. I could have left that game out of the parlay but then I thought there's no way they lose. Turns out they were the only team that lost in my 6x parlay. Sucks really hard when that happens.
It could be a desperate move without realizing that you are not betting what you can afford to lose, I know we all want to have a big winnings in gambling but we have to make a good plan to achieve that and that would not happen overnight. The method we will make should be for long term and it's good if we have a good bankroll but be conservative on your bets.

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December 16, 2016, 12:31:40 AM
 #644

Betting big/all in on low odds games is a pretty bad mistake, If not the worst. Ive been a part  of  that myself and have seen other ppl do it as well and lose some game which had extremely low odds. I had Golden State warriors on my parlay while they were playing against lakers and I was getting 1.026x on it. I could have left that game out of the parlay but then I thought there's no way they lose. Turns out they were the only team that lost in my 6x parlay. Sucks really hard when that happens.
to benefit it is very necessary. there will be some fatal mistakes which we will do, and we need to know, this is not a defeat that would make us fall, but it will make us great in this game. large or all-in bet with odds that small is bad, but it would be really bad if you lose. Well, I never do that, and it made me realize that it is very difficult to control themselves in gambling.


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December 16, 2016, 02:31:22 AM
 #645

Betting big/all in on low odds games is a pretty bad mistake, If not the worst. Ive been a part  of  that myself and have seen other ppl do it as well and lose some game which had extremely low odds. I had Golden State warriors on my parlay while they were playing against lakers and I was getting 1.026x on it. I could have left that game out of the parlay but then I thought there's no way they lose. Turns out they were the only team that lost in my 6x parlay. Sucks really hard when that happens.
to benefit it is very necessary. there will be some fatal mistakes which we will do, and we need to know, this is not a defeat that would make us fall, but it will make us great in this game. large or all-in bet with odds that small is bad, but it would be really bad if you lose. Well, I never do that, and it made me realize that it is very difficult to control themselves in gambling.
That does not guarantee a win for every gambler, even the odds are low our chances are still low and I believe it's not worth for your money. It's better to bet on equal odds and analyze your bets carefully, it will be good if you are betting in sports where you can cap games and use your skills in sports betting.

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December 16, 2016, 04:10:59 AM
 #646

Betting big/all in on low odds games is a pretty bad mistake, If not the worst. Ive been a part  of  that myself and have seen other ppl do it as well and lose some game which had extremely low odds. I had Golden State warriors on my parlay while they were playing against lakers and I was getting 1.026x on it. I could have left that game out of the parlay but then I thought there's no way they lose. Turns out they were the only team that lost in my 6x parlay. Sucks really hard when that happens.
to benefit it is very necessary. there will be some fatal mistakes which we will do, and we need to know, this is not a defeat that would make us fall, but it will make us great in this game. large or all-in bet with odds that small is bad, but it would be really bad if you lose. Well, I never do that, and it made me realize that it is very difficult to control themselves in gambling.
That does not guarantee a win for every gambler, even the odds are low our chances are still low and I believe it's not worth for your money. It's better to bet on equal odds and analyze your bets carefully, it will be good if you are betting in sports where you can cap games and use your skills in sports betting.

Also when you're betting on low odds variance will hurt you a lot more and when you're betting on high odds variance will help you much more than it will hurt you
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December 16, 2016, 04:43:57 AM
 #647

What are some the more idiotic and stupid mistakes that you know you shouldn't have made but did anyway. Yes this includes other none gambling stuff like sending btc to the wrong address. I'm interested to find out the stupid things other people do.  Roll Eyes
Actually I made never such type of mistake in my two year Bitcoin carrier . Since one of my friend send me Bitcoin with custom trader charge of 0.01btc . I think there can be no big mistake than to pay a transaction charge more than the amount what you need to pay .

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December 16, 2016, 05:12:14 AM
 #648

Definitely losing my wallet identifier with 0.5 BTC contained in it  Angry

I hate when you think that you've backed up something sufficiently, only to realise after you try to login that something extremely tragic has happened. I've got my password ready but I haven't got my wallet identifier on blockchain.info! Always back it up with your email...
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December 16, 2016, 05:14:14 AM
 #649

What are some the more idiotic and stupid mistakes that you know you shouldn't have made but did anyway. Yes this includes other none gambling stuff like sending btc to the wrong address. I'm interested to find out the stupid things other people do.  Roll Eyes
Actually I made never such type of mistake in my two year Bitcoin carrier . Since one of my friend send me Bitcoin with custom trader charge of 0.01btc . I think there can be no big mistake than to pay a transaction charge more than the amount what you need to pay .
Don't feel too bad for your friend, after all 0.01btc is about the same as most money transmitters would charge you to any amount.

It could have been worse, have a look at the fee paid here: http://btc.blockr.io/tx/info/4ed20e0768124bc67dc684d57941be1482ccdaa45dadb64be12afba8c8554537

Definitely losing my wallet identifier with 0.5 BTC contained in it  Angry

And exactly how is loosing your wallet identifier a gambling mistake?

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December 17, 2016, 12:43:44 PM
 #650

Well, I did maybe the worst possible two mistakes.

  • Didnt understand where to stop as a newbie and lost everything, though it was a small amount, around 0.002 BTC
  • Started autobetting, and lost 0.2 BTC in just one game, as I wasnt looking at the bet amounts Sad
  • Played on freebitco.in, a site that has 5% of house edge and is probably the site with the biggest house edge.
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December 17, 2016, 02:24:58 PM
 #651

Worst mistake here is you've made a wrong bet then lose. But If you've made big bets then win and its good to you. But there's a time really happens is that you've bet a wrong bet or a BIG bet but after all you lose it all. Well, that's gambling!

No, because there is no such thing that losing is a mistake in gambling, because you in the first place, you never knew if you are going to win or not, because if you do, then are you still going to bet if you know that you are going to lose?, No, right? The only mistake that we have done in gambling was entering the gambling world, because if we didn't enter it in the first place, then we wouldn't lose any money or bitcoin that we do have.
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December 17, 2016, 03:23:15 PM
 #652

No, because there is no such thing that losing is a mistake in gambling, because you in the first place, you never knew if you are going to win or not,

Gambling one on side is a mistake already, either morally or logically. Logically you cant really win in gamble unless you are lucky enough, luck doesnt really come to everyone so you can assume that most people are unlucky ( actually most are ) so by gambling , it is already a mistake of letting your fortune burnt
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December 17, 2016, 04:17:58 PM
 #653

The big mistake ever were win some good ammount at casino slots, and instead cashout, something i thinked i tryed to do, i had requested the withdraw, and cancelled it into two hours, with those i had risked all my money first and lost all then i player with what would be my profit and lost all, atleast it were a loss of 30-40 euros dont remind well.
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December 17, 2016, 04:47:58 PM
 #654

Worst mistake here is you've made a wrong bet then lose. But If you've made big bets then win and its good to you. But there's a time really happens is that you've bet a wrong bet or a BIG bet but after all you lose it all. Well, that's gambling!

No, because there is no such thing that losing is a mistake in gambling, because you in the first place, you never knew if you are going to win or not, because if you do, then are you still going to bet if you know that you are going to lose?, No, right? The only mistake that we have done in gambling was entering the gambling world, because if we didn't enter it in the first place, then we wouldn't lose any money or bitcoin that we do have.

Well yes because you lose, your bet is incorrect to the result so it was a wrong bet = mistake.  Tongue  Seriously, there are thing called carelessness, which is often called a newbie mistake, instead of losing just a small amount, you lost a bigger amount due to the fact that you are not paying attention.  And that is a mistake.  Another thing is pushing things that you are well aware that will most likely lose.  anything that does not go along with your planned strategy is a mistake.  Or a strategy that result in a catastrophic lost is also a mistake.  Or breaking your rules and strategy that result in a bigger lost is also a mistake.  Being too greedy is also a mistake.  Any action that make you lose more than usual is a mistake.

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December 18, 2016, 10:45:37 AM
 #655

With sports betting I think the worst mistake could be trying to make more than 5 times your stake thereby accumulating/parlay a long list of games that you end up losing as a result of a single game. It's realistic to make up to 5.0 odds a day but being greedy for more would be a big mistake.
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December 18, 2016, 10:59:46 PM
 #656

With sports betting I think the worst mistake could be trying to make more than 5 times your stake thereby accumulating/parlay a long list of games that you end up losing as a result of a single game. It's realistic to make up to 5.0 odds a day but being greedy for more would be a big mistake.
Parlay is a high risk sports bet. You must not plan on becoming rich with a single bet and my biggest mistake in gambling was while playing dice .Do not ever play auto rolls if you are away from the screen as it might lose all your coins. I did lose my coins playing auto bet and moving away from the screen.
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December 18, 2016, 11:17:02 PM
 #657

With sports betting I think the worst mistake could be trying to make more than 5 times your stake thereby accumulating/parlay a long list of games that you end up losing as a result of a single game. It's realistic to make up to 5.0 odds a day but being greedy for more would be a big mistake.
Parlay is a high risk sports bet. You must not plan on becoming rich with a single bet and my biggest mistake in gambling was while playing dice .Do not ever play auto rolls if you are away from the screen as it might lose all your coins. I did lose my coins playing auto bet and moving away from the screen.
It is the worst thing that i experience when i was running autobet with the fastest dice before fastdice is the name of dice game before that actually wreck my small amount of 0.04 btc in just few minutes that i thought that i can make a good profit..
So i think better to do not use the bot in dice game much better to enjoy the game is manual game that can be more possibility to win than bot..

Make crypto as your bank.
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December 18, 2016, 11:21:12 PM
 #658

With sports betting I think the worst mistake could be trying to make more than 5 times your stake thereby accumulating/parlay a long list of games that you end up losing as a result of a single game. It's realistic to make up to 5.0 odds a day but being greedy for more would be a big mistake.
making a lot of event for parlay sometimes give you an advantage but sometimes full of regret, as frequently happened when you set 6 events parlay but then the 6th event lost while the other all won makes you always remember and regret it why you don't just make 5 event parlay.

it is not a mistake i guess , as if you won it all there is no regret at all, it just the matter of risk you take.

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vasrasus
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December 18, 2016, 11:26:06 PM
 #659

With sports betting I think the worst mistake could be trying to make more than 5 times your stake thereby accumulating/parlay a long list of games that you end up losing as a result of a single game. It's realistic to make up to 5.0 odds a day but being greedy for more would be a big mistake.
Parlay is a high risk sports bet. You must not plan on becoming rich with a single bet and my biggest mistake in gambling was while playing dice .Do not ever play auto rolls if you are away from the screen as it might lose all your coins. I did lose my coins playing auto bet and moving away from the screen.
It is the worst thing that i experience when i was running autobet with the fastest dice before fastdice is the name of dice game before that actually wreck my small amount of 0.04 btc in just few minutes that i thought that i can make a good profit..
So i think better to do not use the bot in dice game much better to enjoy the game is manual game that can be more possibility to win than bot..

Had experienced that also I thought I'm gonna win at first for at start it increases after a while maybe just seconds it just appear something like the max value I can bet is too low. So as much as possible I'm not doing dice games now. Or if ever I will again play I will not use auto bet.

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December 18, 2016, 11:38:29 PM
 #660

I think the worst mistake that i have ever done in gambling is being greedy I mean I have won a decent amount of money from my 0.0002 and I put it all in, in a round in satoshimines then my mouse was click by other person while i was talking to my friend hehe so i learned a lesson that I should never leave my mouse when i'm playing satoshimines

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