Lost over 12 btcs gambling on dice

[Betwrong]

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? 
 
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 
the house cheat, thats it

With provably fair games no one can cheat without being exposed pretty fast, but it looks like you don't care about facts actually. Your post is full of hatred because you've lost a lot, but hatred is never a good state of mind. I'm sorry for your loss, okay, but have the strength to accept it and move on. And one more thing. Never gamble again.

[The_Dark_Knight]

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? 
 
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 
the house cheat, thats it

Sorry to hear that, but what gambling games were you played? Dice or other games?
If you are gamble for long run,you will lose. There are some threads on this forum about that. You can't win in long run because of house edge, more you play, you could get more bad streaks.

The simple answer why you can't win in the longer run is because this game is based on luck and luck will not be there every time. When you win then you should stop and take out your profit. If you continue for a longer time then mostly house is going to win. This is fact and you should understand and that's why casinos can give so many promotions to attract gamblers.

Actually, the game is based on probability and the odds are in the house's favor....we shouldn't be surprised when the house wins....it is mathematically predictable and not based on superstition....it's not "luck," it's "math."  The longer we play, the more likely the house will win....period....it's math.

Correct but tell that to someone that lost so much money on gambling and it is even worst when you lose fiat, at least you know fiat is going to keep depreciating but when you lose bitcoin not only you lost the bitcoin but the potential profits it will generate you in the future.

[johnwest]

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? 
 
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 
the house cheat, thats it

With provably fair games no one can cheat without being exposed pretty fast, but it looks like you don't care about facts actually. Your post is full of hatred because you've lost a lot, but hatred is never a good state of mind. I'm sorry for your loss, okay, but have the strength to accept it and move on. And one more thing. Never gamble again.

I am not a fan of gambling or gamble frequently on Casino or dice games. It is better be far away from putting your money into these casinos. I do gambling for fun but I will be in total limit, I only gamble 1% of my Bitcoins. keeping limits for yourself will make you self aware in winning or losing.

[tabas]

Don't ask why the house always win, the house is doing business so don't think that you can have against them. You can have chance of winning and if that happens take the advantage and quit for awhile, I feel sorry about your lose but it is still not the end of your life, you can recover it by doing other things or working harder but not with gambling / dice this time.

[MinerHQ]

Don't ask why the house always win, the house is doing business so don't think that you can have against them. You can have chance of winning and if that happens take the advantage and quit for awhile, I feel sorry about your lose but it is still not the end of your life, you can recover it by doing other things or working harder but not with gambling / dice this time.

It is a good suggestion. One should try to recover the money they lost in gambling by other ways not from gambling again. Because it is not so easy to make money from these games unless if you're very lucky for that day. Remember one thing that these games are to enjoy your free time but not to make a quick money so gamble carefully.

[magneto]

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? 
 
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 
the house cheat, thats it

This is how gambling works man.

The reason why casinos profit so much is because they have the house edge is their favour. If you are playing at a provably fair casino then you are protected from casinos rigging their games but definitely not protected from the house edge.

Never ever gamble when you're on impulse. You're likely to lose anything.

It's a sad tale, but we've all been there. Only once you've been there, you realise, it's not worth it.

[tabas]

Don't ask why the house always win, the house is doing business so don't think that you can have against them. You can have chance of winning and if that happens take the advantage and quit for awhile, I feel sorry about your lose but it is still not the end of your life, you can recover it by doing other things or working harder but not with gambling / dice this time.

It is a good suggestion. One should try to recover the money they lost in gambling by other ways not from gambling again. Because it is not so easy to make money from these games unless if you're very lucky for that day. Remember one thing that these games are to enjoy your free time but not to make a quick money so gamble carefully.

Yes! Because if you are about to recover your losses you will end up into the same result. It's either you will lose more or you might recover some but not the whole thing because we know that in gambling that the longer you gamble, chance of losing in the end is always there. I know it's quite hard to move on when you are on that situation.

[Juggy777]

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? 
 
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 
the house cheat, thats it

OP sad to hear that you lost over 12 Btc but one thing I did not get, you were loosing and loosing and yet you kept on playing and playing what we're you thinking? There a fine line between gambling and blindly gambling. I do hope you have learnt your lesson and will be Street smart next time. One thing that I actually liked, is you are not negative and posting that you will commit suicide. So I believe you should be positive you shall earn more than you lost, ps there more gambling than dice, sports and all do look into it

[klf]

Don't ask why the house always win, the house is doing business so don't think that you can have against them. You can have chance of winning and if that happens take the advantage and quit for awhile, I feel sorry about your lose but it is still not the end of your life, you can recover it by doing other things or working harder but not with gambling / dice this time.

It is a good suggestion. One should try to recover the money they lost in gambling by other ways not from gambling again. Because it is not so easy to make money from these games unless if you're very lucky for that day. Remember one thing that these games are to enjoy your free time but not to make a quick money so gamble carefully.

Yes! Because if you are about to recover your losses you will end up into the same result. It's either you will lose more or you might recover some but not the whole thing because we know that in gambling that the longer you gamble, chance of losing in the end is always there. I know it's quite hard to move on when you are on that situation.

That's the reason people always say that gambling is not for earning money but it is only for having an entertainment. But many addicted gamblers will not believe that because they think that they got some working method to beat the house and will continue until they lose all their money. This type of learning is very hard so don't waste more money in gambling to make quick money instead of invest in some other businesses.

[Victorycoin]

Losing bitcoins is not the house's fault but yours. You know so well that dice games and the likes are "luck-based" games which is a 50/50 coin toss thing. Even if you try to set the percentage of you winning to a higher side, the house can still screw you up. You were better off holding it or try sports betting instead other than blindly playing dice with your lousy methods.

If the game were actually 50/50 chance, then it would have been a level play ground, but the house edge tilts the game in favor of the house, so a player is always having less than 50 chance of winning, whereas the house always have 50% chance plus the extra the house edge brings it. That ultimate turns out in the favor of the house and much more so given they most often have huge balances that enables them able to hold out most strategies until a player eventually run out of fund or reach limit for maximum bet.

[Winner]

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.

Emotions are one thing though 12 BTC on a dice roll is another. I think that greed is the major factor with this type of gambling style because there is only a few people within this forum that would place 12 Bitcoin inside a gambling game and lose it all from bad bankroll management skills.
Do you roll dice with certain altcoins? You could try that instead of losing Bitcoins because if you are trying to make a few bucks Bitcoin’s price is going up.

[Jherek]

Losing bitcoins is not the house's fault but yours. You know so well that dice games and the likes are "luck-based" games which is a 50/50 coin toss thing. Even if you try to set the percentage of you winning to a higher side, the house can still screw you up. You were better off holding it or try sports betting instead other than blindly playing dice with your lousy methods.

If the game were actually 50/50 chance, then it would have been a level play ground, but the house edge tilts the game in favor of the house, so a player is always having less than 50 chance of winning, whereas the house always have 50% chance plus the extra the house edge brings it. That ultimate turns out in the favor of the house and much more so given they most often have huge balances that enables them able to hold out most strategies until a player eventually run out of fund or reach limit for maximum bet.

Exactly, if the games were 50/50 then the house obviously will be in the negatives in the long run if you take into account the server running costs, promotion costs, signature campaign costs, etc. etc.

That's why the house edge always is in the casino's favour - otherwise there is no point in running a casino, the admins can just gamble PvP with other opponents and save themselves of the running costs.

@OP, i'm really sorry to hear about your loss but honestly, this same situation all happens to us at one point or another. Get over this hurdle, find yourself something worthwhile of doing, you'll find that life is so much more than just gambling and wasting time and money on gambling.

[Skarner21]

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.

Emotions are one thing though 12 BTC on a dice roll is another. I think that greed is the major factor with this type of gambling style because there is only a few people within this forum that would place 12 Bitcoin inside a gambling game and lose it all from bad bankroll management skills.
Do you roll dice with certain altcoins? You could try that instead of losing Bitcoins because if you are trying to make a few bucks Bitcoin’s price is going up.

I think he just gamble his bitcoin gradually and every time he lose regret in the end until he lose 12 btc.. he just trying to recover in time to time.. even the chance is very small to recover them back until he made lose 12 btc..

every gamblers are always regreting in the end if they lose a lot. you have point that greediness is one of the reason why we are lose a lot in gambling..

[pixie85]

I wish he said which site ripped him off like that or which site made so much money of him, this sounds better.
I saw that in his last post he's asking about possible investment in XRP. He lost all Bitcoins and now wants to put his last money into a centralized altcoin. Hopeless!

[Celsiuss]

damn that sucks man, im sorry.
The gambling sites are made to profit on your loss, they want you to lose, how did you go so far and lose 12 BTC?

[ufaiz50]

a great hatred can change a person and that is not good. hopefully the loss of 12btc can be a valuable experience for you and start something new like trading because you already know gambling does not make you earn profit.
you so hate the site and laugh at the site just because someone get cheat the house until you forget the fact of losing 12 bitcoin .

[selline]

This is what will happened if you feel too confidence that you can beat the house and let the emotion control you when you gamble, you can't win in gambling in a long run, you must know when to stop the game, there are no strategy that can beat the house for a long term and you need to gamble with the amount that you can afford to lose

It is true to avoid us addicted to gambling on games with how to control your emotions when playing gambling don't always rush in a hurry to take a decision in the game you will therefore be a that are not in want for example will be lost we have, wear it strategy is right on target

[Apened]

why the house always win?

Because it is created to generate profit for the owner.

And you see people saying "it happens, you can not win in a long run"

The more you play the more you lose and to chase your loses .

why not? why i cant win in a long run?

The answer in all is gambling is for entertainment and if you want to win you should be a wise player .

[lienfaye]

Don't ask why the house always win, the house is doing business so don't think that you can have against them. You can have chance of winning and if that happens take the advantage and quit for awhile, I feel sorry about your lose but it is still not the end of your life, you can recover it by doing other things or working harder but not with gambling / dice this time.

It is a good suggestion. One should try to recover the money they lost in gambling by other ways not from gambling again. Because it is not so easy to make money from these games unless if you're very lucky for that day. Remember one thing that these games are to enjoy your free time but not to make a quick money so gamble carefully.

Yes! Because if you are about to recover your losses you will end up into the same result. It's either you will lose more or you might recover some but not the whole thing because we know that in gambling that the longer you gamble, chance of losing in the end is always there. I know it's quite hard to move on when you are on that situation.

If you lose your money in gambling its really hard to just ignore that especially with such amount however trying to take it back by playing again is not really a good decision. i agree with you for focusing in other things to recover what you have lost by working harder and not to gamble again.

[Oilacris]

Don't ask why the house always win, the house is doing business so don't think that you can have against them. You can have chance of winning and if that happens take the advantage and quit for awhile, I feel sorry about your lose but it is still not the end of your life, you can recover it by doing other things or working harder but not with gambling / dice this time.

It is a good suggestion. One should try to recover the money they lost in gambling by other ways not from gambling again. Because it is not so easy to make money from these games unless if you're very lucky for that day. Remember one thing that these games are to enjoy your free time but not to make a quick money so gamble carefully.

Yes! Because if you are about to recover your losses you will end up into the same result. It's either you will lose more or you might recover some but not the whole thing because we know that in gambling that the longer you gamble, chance of losing in the end is always there. I know it's quite hard to move on when you are on that situation.

If you lose your money in gambling its really hard to just ignore that especially with such amount however trying to take it back by playing again is not really a good decision. i agree with you for focusing in other things to recover what you have lost by working harder and not to gamble again.

Chasing loses is not always really a good move because instead of taking it back you will surely lose even more if luck wont be on your side.If OP do know the risk on losing money on playing gambling then he should stop it in the middle of the game or time so that he can able to stop the loses even more which would really result on getting broke.