Worst mistake in gambling

[hawkins]

Maybe it was when I bet all the money that I have on a gambling site because I thought I was going to win the jackpot like the others but unluckily I was wrong and that is the most thing that I'm still regretting that time. It is almost 1 BTC and that is a big price for me because I have dedicated all of my time and effort their to earn that amount of bitcoin in time and it just vanished in that gambling site.

1btc is a lot. But we learnt from our mistake. I also have lost close to 2btc in gambling before and i even tried different gambling methods. I also tried investing and i lost a lot.

well, 1 or 2 bitcoin is a very large number. not easy to collect bitcoin much. I also had several times lost bitcoin for some small mistakes, but I think, all my bitcoin missing, less than 1 BTC and I do not intend to make it grow. Well, I think we should learn from those mistakes from being repeated in the future

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[Monnt]

Maybe it was when I bet all the money that I have on a gambling site because I thought I was going to win the jackpot like the others but unluckily I was wrong and that is the most thing that I'm still regretting that time. It is almost 1 BTC and that is a big price for me because I have dedicated all of my time and effort their to earn that amount of bitcoin in time and it just vanished in that gambling site.

Yeah 1 bitcoin is a pretty big amount to lose, I am feeling sorry for you. Personally my biggest mistake in gambling was that I left gambling long ago but then I could not resist myself from playing and hence I gambled again. Even I gamble with small amount I feel it is an unnecessary way of entertainment, I feel guilty on me for repeating same mistakes.

[vennali]

Going all in at once is probably the worst mistake Ive seen or been a part of. Its never advisable to do so and also read about bankroll management. It is very important when u start gambling.

[Amadues]

Going all in at once is probably the worst mistake Ive seen or been a part of. Its never advisable to do so and also read about bankroll management. It is very important when u start gambling.

I think you say right... One of the worst mistake in gambling is "all in". You put all your efforts (and money) in only one bet.
This could sounds good or an hero move, but normally lead to lose all funds.

Another big mistake is betting in a sport/game that you don't know, but you follow just the odds.
I have see many newbies loss money with "easy" match, or with low ROI in dice.

[Bitcoinsummoner]

Going all in at once is probably the worst mistake Ive seen or been a part of. Its never advisable to do so and also read about bankroll management. It is very important when u start gambling.

I think you say right... One of the worst mistake in gambling is "all in". You put all your efforts (and money) in only one bet.
This could sounds good or an hero move, but normally lead to lose all funds.

Another big mistake is betting in a sport/game that you don't know, but you follow just the odds.
I have see many newbies loss money with "easy" match, or with low ROI in dice.

Honestly all in is not a good idea in terms in gambling it is too risky and already tried it before never experience to win a large amount.
If you are just halving fun it is better to use small amount and i think it is more people are making a profit or win with small bets than high bettors..
I think sports betting is more easy to gamble than the other game that you can easily analyze the game before you can bet..

[lite]

Maybe it was when I bet all the money that I have on a gambling site because I thought I was going to win the jackpot like the others but unluckily I was wrong and that is the most thing that I'm still regretting that time. It is almost 1 BTC and that is a big price for me because I have dedicated all of my time and effort their to earn that amount of bitcoin in time and it just vanished in that gambling site.

Losing a whole coin at once sucks, the greed takes out all our money. i've never lost 1 btc in just one session, but i have lost 2+ bitcoins over years. gambling is the worst mistake in gambling lol.

[socks435]

Maybe it was when I bet all the money that I have on a gambling site because I thought I was going to win the jackpot like the others but unluckily I was wrong and that is the most thing that I'm still regretting that time. It is almost 1 BTC and that is a big price for me because I have dedicated all of my time and effort their to earn that amount of bitcoin in time and it just vanished in that gambling site.

Losing a whole coin at once sucks, the greed takes out all our money. i've never lost 1 btc in just one session, but i have lost 2+ bitcoins over years. gambling is the worst mistake in gambling lol.

Well we are not all the same but before bitcoin honestly is very cheap and i think i lose more than 2 bitcoin when the price of bitcoin is 300 level..Because before i just gamble for fun with bitcoin and i never think that the price of bitcoin will keep on rising but now the price is increased and touch in 700 value and i am regretting what i lose before..

[serjent05]

Maybe it was when I bet all the money that I have on a gambling site because I thought I was going to win the jackpot like the others but unluckily I was wrong and that is the most thing that I'm still regretting that time. It is almost 1 BTC and that is a big price for me because I have dedicated all of my time and effort their to earn that amount of bitcoin in time and it just vanished in that gambling site.

Losing a whole coin at once sucks, the greed takes out all our money. i've never lost 1 btc in just one session, but i have lost 2+ bitcoins over years. gambling is the worst mistake in gambling lol.

I agree that losing all your bankroll in an all in bet suck but i am fascinated with it.  Honestly, that is better than slow agonizing pain of long betting and result in  a lose, see no difference.  And you are a hypocrite if you said that what matters is fun because, you will nevet have fun if you are losing an enormous amount of money.

[wxa7115]

My worst mistake in gambling was when I was playing poker and I had a full house and I bet all in and my opponent immediately called my bet only to reveal he had an even better full house, and this was in a very big tournament of about 500 players and I lost the opportunity to reach the final table.

But why do you say it was a mistake? Was it obvious that you were going to lose?
You did not considered all the information in the table etc? Because sometimes you lose when you play well, that's just part of it, and in that case I don't see it as a mistake.

Well I think it was a mistake, because I was unable to read my opponent, even if he played well the sensation of defeat especially when you have such a good hand is difficult to overcome so even if my opponent played very well, I should have see it coming.

[FlightyPouch]

The worst mistake in gambling? I think knowing it and actually played it even I know I will lose in the end. I really regret that I thought of playing it when I'm earning something even it is for free. It is really easy to gamble using money that you get to free. But the thing is, if you just saved that money? I think it can really help you. So I stop gambling, not really stop but I'm trying to totally stop it, sometimes I can't stop myself from it that's why I'm trying to get over it bit by bit.

[raphma]

double the bet to cover your losses.
this martingale kinda help sometimes but eventually it will fail and you will lose everything...
happened to me once, my worst mistake.

[tabas]

double the bet to cover your losses.
this martingale kinda help sometimes but eventually it will fail and you will lose everything...
happened to me once, my worst mistake.

Don't rely with that martingale, yes maybe it helps sometimes but most of the time that is not helping at all. That's why I don't use it anymore and also double your bet in recovering up your losses is really a worse decision at all. And that is every gamblers are doing, they tend and focused in recovering their losses but instead to recover, they are losing more.

[FrueGreads]

double the bet to cover your losses.
this martingale kinda help sometimes but eventually it will fail and you will lose everything...
happened to me once, my worst mistake.

Don't rely with that martingale, yes maybe it helps sometimes but most of the time that is not helping at all. That's why I don't use it anymore and also double your bet in recovering up your losses is really a worse decision at all. And that is every gamblers are doing, they tend and focused in recovering their losses but instead to recover, they are losing more.

If I had to choose I would say that trying to recover from losses, is definitely the source of all evil in gambling.
I can even accept martingale, it will make you lose of course, but gambling itself is suppose to do that, so I don't really see a problem here.
But not having a bankroll management strategy, and trying to recover from losses, will destroy your gambling experience.

[tabas]

double the bet to cover your losses.
this martingale kinda help sometimes but eventually it will fail and you will lose everything...
happened to me once, my worst mistake.

Don't rely with that martingale, yes maybe it helps sometimes but most of the time that is not helping at all. That's why I don't use it anymore and also double your bet in recovering up your losses is really a worse decision at all. And that is every gamblers are doing, they tend and focused in recovering their losses but instead to recover, they are losing more.

If I had to choose I would say that trying to recover from losses, is definitely the source of all evil in gambling.
I can even accept martingale, it will make you lose of course, but gambling itself is suppose to do that, so I don't really see a problem here.
But not having a bankroll management strategy, and trying to recover from losses, will destroy your gambling experience.

I like your word that recovering all our losses is the root of all evil in gambling. Also you have the point with that case with bankroll management because if you are not good enough with it. You are just putting yourself and your money in the hole of deep like pushing yourself to be there, because there are gamblers who used to gamble to have small bankroll but their management is excellent that's why they are becoming successful with gambling.

[roadbits]

double the bet to cover your losses.
this martingale kinda help sometimes but eventually it will fail and you will lose everything...
happened to me once, my worst mistake.

Not only you but most of the gamblers will try that martingale method at least once and until they realise that it won't work in the longer run. Yes, chasing loses in gambling will be the biggest mistake most of the gamblers does. We shouldn't try to recover those losses because we may lose even more in that process.

[abayan]

double the bet to cover your losses.
this martingale kinda help sometimes but eventually it will fail and you will lose everything...
happened to me once, my worst mistake.

Not only you but most of the gamblers will try that martingale method at least once and until they realise that it won't work in the longer run. Yes, chasing loses in gambling will be the biggest mistake most of the gamblers does. We shouldn't try to recover those losses because we may lose even more in that process.

I agree chasing your losses in gambling is very risky because most of the time it make you loose more because of your greediness you'll sent a bigger amount to get your loose back so in the end youll end up loosing. so better control your emotion.

[jossiel]

double the bet to cover your losses.
this martingale kinda help sometimes but eventually it will fail and you will lose everything...
happened to me once, my worst mistake.

Not only you but most of the gamblers will try that martingale method at least once and until they realise that it won't work in the longer run. Yes, chasing loses in gambling will be the biggest mistake most of the gamblers does. We shouldn't try to recover those losses because we may lose even more in that process.

I agree chasing your losses in gambling is very risky because most of the time it make you loose more because of your greediness you'll sent a bigger amount to get your loose back so in the end youll end up loosing. so better control your emotion.

That's the most popular mistake of everyone here, we tend to keep on covering up all the losses that we made but what is happening is even worse.

Because the result of our goal to recover our losses is the root cause for all the mistake that we are committing in our whole gambling career.

So we need to be wiser enough or else we will do this mistake again and again.

[Finestream]

double the bet to cover your losses.
this martingale kinda help sometimes but eventually it will fail and you will lose everything...
happened to me once, my worst mistake.

Not only you but most of the gamblers will try that martingale method at least once and until they realise that it won't work in the longer run. Yes, chasing loses in gambling will be the biggest mistake most of the gamblers does. We shouldn't try to recover those losses because we may lose even more in that process.

I agree chasing your losses in gambling is very risky because most of the time it make you loose more because of your greediness you'll sent a bigger amount to get your loose back so in the end youll end up loosing. so better control your emotion.

That's the most popular mistake of everyone here, we tend to keep on covering up all the losses that we made but what is happening is even worse.

Because the result of our goal to recover our losses is the root cause for all the mistake that we are committing in our whole gambling career.

So we need to be wiser enough or else we will do this mistake again and again.

Chasing bets reflects our attitude on it, we do want to win all the time and we want to achieve things very fast. That's how unprofessional people react, they lack patience and they want it to win all the time. I have tried several method in gambling due to my greediness to win more and more, but nothing works because I was not discipline enough to focus on my game plan.

Maybe there's a better method aside from martingale and one I can recommend in the flat betting, if you can succeed that means you do have skills since you make it slowly and do not do shortcuts.

[wxa7115]

The worst mistake in gambling? I think knowing it and actually played it even I know I will lose in the end. I really regret that I thought of playing it when I'm earning something even it is for free. It is really easy to gamble using money that you get to free. But the thing is, if you just saved that money? I think it can really help you. So I stop gambling, not really stop but I'm trying to totally stop it, sometimes I can't stop myself from it that's why I'm trying to get over it bit by bit.

You are on the right track different persons need different approaches when leaving gambling, some persons need to stop completely while some need a gradual approach and need to leave gambling slowly.

[crwth]

I always make a mistake on betting too much or being confident in who I pick. Right now, I'm betting on sports. I will bet on a game even though I don't know them. I guess I'm losing Bitcoins because I don't bet smart. I'm sad to see that, and I thought it was okay, but then, I make another mistake. Then I've still have done it. Sometimes, I just make the same mistakes over and over again, and I still don't learn. I'm trying to keep my mind focused on being smarter, but I want the thrill. So, I lost bitcoins instead.