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Author Topic: Lost over 12 btcs gambling on dice  (Read 4443 times)
crwth
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April 27, 2017, 09:21:57 AM
 #61

That's a shameful thing, what you did. If you just had stopped and not be greedy, you wouldn't be in that situation. You know that there are a lot of risks involved in gambling and you ought to know that in the first place. You could've just invested that into something that would yield a significant amount of profit in the long run.

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April 27, 2017, 09:23:09 AM
 #62

I'm sorry to hear about your losses.

The problem from reading your story is that you switch up your plays constantly and not stick to a proper bankroll management. One loss on a risky move can negate any winnings from thousands of safe plays before.

If you ever get back into gambling, I strongly urge you to read up on bankroll management.
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April 27, 2017, 09:46:50 AM
 #63

That's a shameful thing, what you did. If you just had stopped and not be greedy, you wouldn't be in that situation. You know that there are a lot of risks involved in gambling and you ought to know that in the first place. You could've just invested that into something that would yield a significant amount of profit in the long run.

It is not a shameful but it is a very hard way of learning lesson. Most of the gamblers they know that they will lose money but some people think that if they have a higher bankroll then winning chances are high and will continue and end up in this situation. Before playing most of the gamblers are under impression that they can make a quick profit but if they invest in some other places then may need to wait for a long time to see a profit. So they will choose to gamble instead of other investments. This is a most common issue in gambling.
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April 27, 2017, 11:09:04 AM
 #64

That's a shameful thing, what you did. If you just had stopped and not be greedy, you wouldn't be in that situation. You know that there are a lot of risks involved in gambling and you ought to know that in the first place. You could've just invested that into something that would yield a significant amount of profit in the long run.

It is not a shameful but it is a very hard way of learning lesson. Most of the gamblers they know that they will lose money but some people think that if they have a higher bankroll then winning chances are high and will continue and end up in this situation. Before playing most of the gamblers are under impression that they can make a quick profit but if they invest in some other places then may need to wait for a long time to see a profit. So they will choose to gamble instead of other investments. This is a most common issue in gambling.
You are right, some think you can earn money in an easy way through gambling. if you hit the jackpot then your earnings are instant but they dont realize that its very risky and you will come to realize that fact when you already lose your money just like op. its a lesson learned not just for him but also to those gamblers who dont hesitate to risk their hard earn money.

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April 27, 2017, 11:19:20 AM
 #65

Most of the people think that through gambling we can make money easily, but it is the big mistake being made by the people. Really OP you did a big mistake by gambling 12btc, for me, it is the very big amount and it takes nearly it takes more than 10 months to earn that money.
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April 27, 2017, 12:14:40 PM
 #66

If you can sign message with the address which had "12 BTC" I would believe you. Otherwise, you made a great joke and if that was a true story it was a bad day for you and why would you gambled your money? To earn easy money with it? . No, it won't happen.

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April 27, 2017, 12:22:44 PM
 #67

If you can sign message with the address which had "12 BTC" I would believe you. Otherwise, you made a great joke and if that was a true story it was a bad day for you and why would you gambled your money? To earn easy money with it? . No, it won't happen.
Yes to believe his story he must show some proof of his loss. Otherwise, how can we trust this matter? People can say I lost 100 BTC in dice game can we believe this easily without seeing any proof. I am not saying we can not lose 12 BTC in dice game it is possible and some people lost more than this amount. But to discuss with this, he must provide some details on which site he lost and what is his strategy plan in the game, etc.
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April 27, 2017, 12:23:39 PM
 #68

Trying different strategy in dice game will only makes you have different experience there are no formula or strategy to win, why you cant win in a long run, its simple because the no matter what strategy you have there is always a losing chance no matter how small is that, its going to happened, don't used gambling as the place for you to look profit, you will lost more than you know
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April 27, 2017, 12:41:45 PM
 #69

I think OP is joking may be, Only dump people will keep on trying to make money through dice gambling. Every gambler should set some rules for himself not to exceed the limits of his investment in gambling. If you exceed then it will automatically leads to loss.


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Oilacris
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April 27, 2017, 01:22:03 PM
 #70

If you can sign message with the address which had "12 BTC" I would believe you. Otherwise, you made a great joke and if that was a true story it was a bad day for you and why would you gambled your money? To earn easy money with it? . No, it won't happen.
Yes to believe his story he must show some proof of his loss. Otherwise, how can we trust this matter? People can say I lost 100 BTC in dice game can we believe this easily without seeing any proof. I am not saying we can not lose 12 BTC in dice game it is possible and some people lost more than this amount. But to discuss with this, he must provide some details on which site he lost and what is his strategy plan in the game, etc.
Correct its really an easy thing for anybody to claim such thing like they lose huge amounts on playing gambling.They do it either to make community react with his lose without any proper proofs but well we cant do anything about it since he do claim he lost 12 btc on just playing dice and thats a lot of money already thats why we should really not rely on strategies believing that we could make money in the long run.

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April 27, 2017, 02:10:35 PM
 #71

If you can sign message with the address which had "12 BTC" I would believe you. Otherwise, you made a great joke and if that was a true story it was a bad day for you and why would you gambled your money? To earn easy money with it? . No, it won't happen.
Yes to believe his story he must show some proof of his loss. Otherwise, how can we trust this matter? People can say I lost 100 BTC in dice game can we believe this easily without seeing any proof. I am not saying we can not lose 12 BTC in dice game it is possible and some people lost more than this amount. But to discuss with this, he must provide some details on which site he lost and what is his strategy plan in the game, etc.
Correct its really an easy thing for anybody to claim such thing like they lose huge amounts on playing gambling.They do it either to make community react with his lose without any proper proofs but well we cant do anything about it since he do claim he lost 12 btc on just playing dice and thats a lot of money already thats why we should really not rely on strategies believing that we could make money in the long run.

But I don't think there is any point in lying about something like this. Do you think people will be impressed with a 12 btc loss? I'm sure I'm not, don't know about you guys. Proof or no proof, this discussion about losing a big amount of money is good. As some guy who lost a similar amount can read through here and be encourage to move on.
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April 27, 2017, 02:40:04 PM
 #72

That's a shameful thing, what you did. If you just had stopped and not be greedy, you wouldn't be in that situation. You know that there are a lot of risks involved in gambling and you ought to know that in the first place. You could've just invested that into something that would yield a significant amount of profit in the long run.

We've been there, done that. We can't blame OP for this, even if it was me, I'm also going to continue gambling if I am winning in a row, take note, I am making big bets, that is why, it is more addicting and maybe OP was really just got greedy about it, and the result is lost all of his bitcoins, and 12 BTC is a big deal, since it is not that easy to earn, you couldn't even earn it in the signature campaign in year or in two years, well, it depends on what you are going to earn bitcoin, in my opinion.
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April 27, 2017, 03:08:49 PM
 #73

That's really huge amount 12 bitcoin and then lose them all in single game? Why didn't you try to play another game and try you luck there but you didn't you focus on one game because you already lose too much and your trying to chase it strategy is not good when you're greedy i've been there and like that now all you do is blame your self.
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April 27, 2017, 04:20:43 PM
 #74

Thats a sad year, i just lost 100% of my coins in just 4 months
tried a mix of strategy, safe ways, risky, playing just a few times per day
but results are always the same
you lose in the end
i feel cheated
its unbelievable
know
why the house always win?
And you see people saying "it happens, you can not win in a long run"
why not? why i cant win in a long run?
why we never see a casino losing and closing the doors?
why 999999999% profiles of the top gamblers are negative?  Huh
 Undecided
but you know what i like? I like when the house eat the shit back
when someone manage to find a bug and make 6-7 digits over it  Cheesy
the house cheat, thats it



You can't win in the long run because the house takes a percentage. What I mean is that for a dice game on yobit for example, heads or tails for a dice game is not 50/50. The house takes 2% I think, so you only have a 49% chance of getting heads and 49% chance of getting tails.

 
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oxygen88
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April 28, 2017, 10:07:25 AM
 #75

Because of the house edge favors the casino, so most gamblers would lose money if they play in the long run, you could still win the house, if you know to stop your greed and withdraw your winnings, but I guess most gamblers can't really do it because of greed and lose back their winnings in the long run.
iluvbitcoins
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April 28, 2017, 10:17:14 AM
 #76

I think OP is joking may be, Only dump people will keep on trying to make money through dice gambling. Every gambler should set some rules for himself not to exceed the limits of his investment in gambling. If you exceed then it will automatically leads to loss.

Haha, that's sweet

People often tend to sell their cars, houses, loan money from dubious men etc. only to try to make their money back
People who can't gamble have ruined their lives trying to do so
They were to weak to set limits

ALWAYS SET LIMITS when gambling!
Then you won't lose 12BTC Tongue

Looking for a signature campaign.
Ayers
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April 28, 2017, 10:32:03 AM
 #77

Thats a sad year, i just lost 100% of my coins in just 4 months
tried a mix of strategy, safe ways, risky, playing just a few times per day
but results are always the same
you lose in the end
i feel cheated
its unbelievable
know
why the house always win?
And you see people saying "it happens, you can not win in a long run"
why not? why i cant win in a long run?
why we never see a casino losing and closing the doors?
why 999999999% profiles of the top gamblers are negative?  Huh
 Undecided
but you know what i like? I like when the house eat the shit back
when someone manage to find a bug and make 6-7 digits over it  Cheesy
the house cheat, thats it



it's gamble man, you are bound to lose eventually, but you can be lucky at the beginnign and run away with the money, even if the house have zero edge you will lose on the long run, which sound like cheating but it's how the thing work, maybe you had just bad luck and another one like you won 12 btc instead, if the system is provably fair the house should only win the % on the edge, and the player end with a sum zero result

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dihari
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April 28, 2017, 11:19:15 AM
 #78

Well I think it's a big lost enough. I don't understand why so many strategies can't work in the online casinos, especially dice site. The one thing that I know is they created bot on the site to work for the house's win.
Forget about your lost money. If you have much money in the future, stop being a player, be a house. Create a dice site, and suck their money.

LuanX3
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April 28, 2017, 11:33:40 AM
 #79

Well I think it's a big lost enough. I don't understand why so many strategies can't work in the online casinos, especially dice site. The one thing that I know is they created bot on the site to work for the house's win.
Forget about your lost money. If you have much money in the future, stop being a player, be a house. Create a dice site, and suck their money.

The bots doesn't help nobody! Strategies also does nothing too! Strategies and bots go hand in hand and they don't actually win anybody some money for the very reason that no strategy can win against the casinos, statistically and monetarily. Casinos have a statistic advantage as well as a bankroll advantage.
Renji Abarai
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April 28, 2017, 11:52:08 AM
 #80

Most of the people think that through gambling we can make money easily, but it is the big mistake being made by the people. Really OP you did a big mistake by gambling 12btc, for me, it is the very big amount and it takes nearly it takes more than 10 months to earn that money.

Indeed, 12 BTC is  not a joke. OP maybe was addicted to play dice furthermore he may have lost that is why he was eager to recover his losses.This is sometimes the reasons that you will lost more. As an advice, you should control your emotions when playing. Do not let your emotions ruin your game.

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