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Author Topic: Worst mistake in gambling  (Read 42622 times)
wxa7115
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December 25, 2016, 05:14:38 PM
 #761

i think thats is martingale, roulette table is not recommended because the roulette table has no intelligence, when you come six times in a row, you are psychologically saying "no more red" but mathematically the probability of the seventh spinning red is still fifty percent.

No it's less than 50%. If it was 50% then house would net 0% over the long run and the house is greedy so they want more than 0%.
The probability of either red or black coming is less than 50% because of the green zero in the European roulette or even less if you play in an American roulette that also has a green double zero you are confusing the probabilities of something happening with the house edge.
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December 25, 2016, 06:52:47 PM
 #762

Gambling is all about fun and not for profit because once you play for profit that most of the gamblers do is they end up loosing but sometimes they won and earn a ton of profit but most of the time loosing because of greediness and to earn more . Just play with fun and not for profit
When I was new I remember I thought gambling was all about money. With time though I realize that 1% of edge is like a huge china wall between me and winnings and now I have matured enough to stop myself from gambling again for profits, I do gamble but really trust me for fun and fun only.
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December 25, 2016, 06:53:25 PM
 #763

Worst mistake in gambling is gambling lool
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December 25, 2016, 06:56:34 PM
 #764

The most stupid thing I've ever made in gambling was when red came 8 straight times and I bet black again. It missed of course Cheesy
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December 25, 2016, 07:07:01 PM
 #765

The worst mistake is probably not knowing when to stop, especially when the individual have very high earnings, and even then the individual decides to take more risks. In fact, this does not occur only in gambling, this occurs in different events of life, as in investments, for example.
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December 25, 2016, 08:46:02 PM
 #766

Sportsbetting is a gambling game that least mistake happen because you will only just pick from two teams and bet.

It is some kinda 50 50 chance to win but its not and actually one of the worst mistake in sportsbetting is to bet for favorite and most people do that. The odds for favourite are mostly low and it doesnt really guarantee that the favourite will win, some lose anyway and it is part of the game however some people might called it fixed
Yeah and that's what the bookmakers want, you to bet on favorite. But actually I have backed the underdogs or non favorites a lot of time and they pay off yes but when you don't get a win for 10-15 bets in a row you get hopeless. So I think better is to back the underdog while best is to avoid both.
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December 25, 2016, 11:23:07 PM
 #767

The worst mistake is probably not knowing when to stop, especially when the individual have very high earnings, and even then the individual decides to take more risks. In fact, this does not occur only in gambling, this occurs in different events of life, as in investments, for example.

Yeah that happens to moe before when I started in gambling. I win straight in slot machines which already multiplied my earnings then suddenly I started losing till I became bankrupt on that day. Well you will learn from your mistakes and you must experience it so you'll know what to do next time.

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Skarner21
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December 25, 2016, 11:43:30 PM
 #768

The worst mistake is probably not knowing when to stop, especially when the individual have very high earnings, and even then the individual decides to take more risks. In fact, this does not occur only in gambling, this occurs in different events of life, as in investments, for example.

Yeah that happens to moe before when I started in gambling. I win straight in slot machines which already multiplied my earnings then suddenly I started losing till I became bankrupt on that day. Well you will learn from your mistakes and you must experience it so you'll know what to do next time.
Not only knowing when to stop i think the other problem people are greedy and they are not satisfied what they made in their profit..
They are deciding to increase more the profit that can result of loses.. and the worst thing in gambling that you are thinking that gambling can gives you a large profit that honestly gambling made only for entertainment purposes..

Make crypto as your bank.
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December 26, 2016, 05:10:45 AM
 #769

Worst mistake in gambling is gambling lool

No it isn't, we are the ones who are making gambling as a worst mistake but simply not being a responsible gambler. But because we think that gambling is going to be the source of income is that the worst thing that we are always thinking. And upon having a lot of lose then the blame will always goes to gambling but not to ourselves.

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December 26, 2016, 06:09:06 AM
 #770

Worst mistake in gambling is gambling lool

No it isn't, we are the ones who are making gambling as a worst mistake but simply not being a responsible gambler. But because we think that gambling is going to be the source of income is that the worst thing that we are always thinking. And upon having a lot of lose then the blame will always goes to gambling but not to ourselves.
It won't work if you even consider gambling as not source of income.
Slowly but sure gambling drive you to something that actually you don't want, yeaaa an addiction.
Gambling is addictive, if you have no idea to handle gambling in right way it will always be a big mistake IMHO.
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December 26, 2016, 06:26:23 AM
 #771

The worst mistake is probably not knowing when to stop, especially when the individual have very high earnings, and even then the individual decides to take more risks. In fact, this does not occur only in gambling, this occurs in different events of life, as in investments, for example.

This is my worst mistake ever done with gambling career but not with bitcoin. Way back year 2013, I was able to win $1,000 valued profit from sports betting. Since I have all the profit in my hands I don't mind to secure some of it and what happened is I did bet that with a real cock fight just to support my uncle's pet for that fight. He used some sweet words to me that time and I became confident that he's cock will win but everything went wrong sadly.

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December 26, 2016, 06:31:04 AM
 #772

Worst mistake in gambling is gambling lool

No it isn't, we are the ones who are making gambling as a worst mistake but simply not being a responsible gambler. But because we think that gambling is going to be the source of income is that the worst thing that we are always thinking. And upon having a lot of lose then the blame will always goes to gambling but not to ourselves.
It won't work if you even consider gambling as not source of income.
Slowly but sure gambling drive you to something that actually you don't want, yeaaa an addiction.
Gambling is addictive, if you have no idea to handle gambling in right way it will always be a big mistake IMHO.

Gambling is a mistake and something that shouldnt be done in the first hand however some people actually win in gambling and make it as their source of income . It might seems fake however it is actually true and it only happens to few people and for some people it doesnt happen and it feels like gambling is already a mistake
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December 26, 2016, 06:44:50 AM
 #773

Worst mistake in gambling is gambling lool

No it isn't, we are the ones who are making gambling as a worst mistake but simply not being a responsible gambler. But because we think that gambling is going to be the source of income is that the worst thing that we are always thinking. And upon having a lot of lose then the blame will always goes to gambling but not to ourselves.
It won't work if you even consider gambling as not source of income.
Slowly but sure gambling drive you to something that actually you don't want, yeaaa an addiction.
Gambling is addictive, if you have no idea to handle gambling in right way it will always be a big mistake IMHO.

Gambling is a mistake and something that shouldnt be done in the first hand however some people actually win in gambling and make it as their source of income . It might seems fake however it is actually true and it only happens to few people and for some people it doesnt happen and it feels like gambling is already a mistake
No it's not, the only mistake is when we are not being responsible in gambling, when we put money that we cannot afford to lose anymore. I guess we have to be responsible enough to appreciate gambling, if we cannot do that then we are not allowed to gamble. It will not bring good results in our life, so we better not try it.

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December 26, 2016, 06:59:10 AM
 #774

Worst mistake in gambling is gambling lool

No it isn't, we are the ones who are making gambling as a worst mistake but simply not being a responsible gambler. But because we think that gambling is going to be the source of income is that the worst thing that we are always thinking. And upon having a lot of lose then the blame will always goes to gambling but not to ourselves.
It won't work if you even consider gambling as not source of income.
Slowly but sure gambling drive you to something that actually you don't want, yeaaa an addiction.
Gambling is addictive, if you have no idea to handle gambling in right way it will always be a big mistake IMHO.

Gambling is a mistake and something that shouldnt be done in the first hand however some people actually win in gambling and make it as their source of income . It might seems fake however it is actually true and it only happens to few people and for some people it doesnt happen and it feels like gambling is already a mistake
No it's not, the only mistake is when we are not being responsible in gambling, when we put money that we cannot afford to lose anymore. I guess we have to be responsible enough to appreciate gambling, if we cannot do that then we are not allowed to gamble. It will not bring good results in our life, so we better not try it.

I agree with that, gambling is not the real mistake in that case. Because gambling is just there to give us some fun and as well as chance of winning. But we are the ones who are making it bad and we are abusing it for not being contented the way we gamble. That's the mistake of many, if they win small amount that is going to make them desire to win more.

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December 26, 2016, 08:58:26 AM
 #775

Yes I've made several mistakes if want to gambling. I've misplaced the nominal bet when betting sports. Usually I bet 0,001 BTC but I misplaced the nominal to 0.01 BTC and I lost the bet. Supposed that I can use to play a few times but because of misplaced the nominal I just play in one game. It was very detrimental to me.
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December 26, 2016, 09:06:10 AM
 #776

Worst mistake in gambling is gambling lool

No it isn't, we are the ones who are making gambling as a worst mistake but simply not being a responsible gambler. But because we think that gambling is going to be the source of income is that the worst thing that we are always thinking. And upon having a lot of lose then the blame will always goes to gambling but not to ourselves.
It won't work if you even consider gambling as not source of income.
Slowly but sure gambling drive you to something that actually you don't want, yeaaa an addiction.
Gambling is addictive, if you have no idea to handle gambling in right way it will always be a big mistake IMHO.

Gambling is a mistake and something that shouldnt be done in the first hand however some people actually win in gambling and make it as their source of income . It might seems fake however it is actually true and it only happens to few people and for some people it doesnt happen and it feels like gambling is already a mistake
No it's not, the only mistake is when we are not being responsible in gambling, when we put money that we cannot afford to lose anymore. I guess we have to be responsible enough to appreciate gambling, if we cannot do that then we are not allowed to gamble. It will not bring good results in our life, so we better not try it.
I think what was said by erwin45hacked is true, gambling is a mistake because most of the results we get from gambling is a defeat so i'm agree gambling is a mistake.

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December 26, 2016, 09:59:04 AM
 #777

The worst mistake is probably not knowing when to stop, especially when the individual have very high earnings, and even then the individual decides to take more risks. In fact, this does not occur only in gambling, this occurs in different events of life, as in investments, for example.
It is the mistake which most of the gamblers are having right now. Stopping gambling is not easy, especially when you are losing. While losing, people still believe that they can recover their loss if they continue to play, this is the huge mistake. This will apparently lead to the result that there will be no money left in your bankroll. From my experience, it took me 3 months to learn how to control myself

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December 26, 2016, 10:47:44 AM
 #778

I always make the mistake of going all in! I think that I could get it right when I go all in, it's really hard to win always so I just think of the possibility that I can win big if I bet big and end up losing and also gambling more in order to get back what you lost but still end up losing.

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December 26, 2016, 11:42:58 AM
 #779

I can remember one day when i was playing simple dice game i was able to earn 100$+ within few hours starting with <10$ playing with small bets. And i started to think that i have figured out the sequence of results, so started playing with bigger bets but i started to loss on every bet afterwards ultimately making me loss all that i have won + my initial deposit. I should have withdrawn those winnings rather than continuing with bigger bet size.
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December 26, 2016, 04:08:38 PM
 #780

The worst mistake is probably not knowing when to stop, especially when the individual have very high earnings, and even then the individual decides to take more risks. In fact, this does not occur only in gambling, this occurs in different events of life, as in investments, for example.
I don't think not been able to stop is something that happens in investment, the difficulty of stopping exist in gambling because gambling is fun and most people want to keep getting their fun, but investment is not supposed to be fun, is supposed to bring profit and if you know how much you want to earn from each trade you are able to easily stop and move on.
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