Lost over 12 btcs gambling on dice

[bitcoinisbest]

Won once on a dice site (0.05btc) and never gambled again. It's definitely a win-lose (win for the house, lose for you) in the long run because the odds are against you, unless you get really lucky.

Rightly pointed out as the reason behind the casinos and games is that for the profit of owner and not for the people who play. If everyone start winning then who will bear the loss, so out many only few become lucky who win and rest loose out. Its your luck and smartness that if you win you take the amount and go away rather then keep playing the games for too long.

[izanagi narukami]

I'm suggest that people must hold your bitcoin at the moment because as I can see that bitcoin already reach $2000 (highest value on bitcoin history)
It's not too late to stop now and hold as much as possible , we may be greedy but you will suffer more if you feel regret forever

[Lorilikes]

Well, to say they cheat isn't really a fair,blanket statement. 
Does anyone ever stop to think of the true odds of the game? Nobody seems to anymore.

It's actually a mathematical advantage the house usually has, and that's not a secret.  Mathematics doesn't equal cheating.  If you have cheated yourself by losing control over your own wallet, even if slowly, it still isn't automatically
Proving that any cheating has happened.  It means that the mathematical probabilities were correct as the casinos would never offer a game that was more likely to pay the player than the house. 

Sucks but it is true. 

[taxmanmt5]

Well, to say they cheat isn't really a fair,blanket statement. 
Does anyone ever stop to think of the true odds of the game? Nobody seems to anymore.

It's actually a mathematical advantage the house usually has, and that's not a secret.  Mathematics doesn't equal cheating.  If you have cheated yourself by losing control over your own wallet, even if slowly, it still isn't automatically
Proving that any cheating has happened.  It means that the mathematical probabilities were correct as the casinos would never offer a game that was more likely to pay the player than the house. 

Sucks but it is true. 

Exactly, people needs to understand the true sense of gambling. Its a game between a player and a house and behind it is just mathematical formulas. This does not mean that the player will never Win. Players do win but what they cant control is the emotions while house has no emotions.
Let me explain this in another way. If the OP has won 12 BTC he would have claimed it to be his skills while on the lose he is blaming the site / gambling to be scam. I hope now its understandable.

[wxa7115]

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

I understand you may feel cheated but it is a completely different thing the casino actually cheated on you, casinos don’t need to cheat they already have the advantage anyway what it happened was that you were unable to control your emotion and bet more money that you could afford to lose, it is an expensive lesson but I hope you have learned it.

[PeRo]

You just lost a fortune and you are saying that you do not understand why does the house always win. The house always win because nobody will make a site/ casino where you can win in a long run. You can only win once or twice in a 10 lose streak and the house will always win because if you win once, you will want to win again and you will lose while trying

[raven7886]

I would never play dices with 12 btc, that is too much money for such a game. Dices are fun game and OP should come here to see what kind of experience other people have with dices, in that case he would save a lot of money, but now its to late for talking about it.
This should be a lesson to all the people, don`t gamble and regret later, in that manner the best thing that someone can do (and that is how I think) is to gamble and enjoy, crying after loss is for pussies, you have your try you failed that is it, head up and you live to fight another day.

The OP may be lost his mind, or he may be a rich person, so he lost 12 BTC in luck base game Dice. I will never deposit more than 0.04 BTC in Dice site. Because I know here if we deposit more we will lose all money. This game is like that very attractive, and within few minutes we will lose our investment. Before investing on any dice game remember one thing it is a dead investment and never come back.

No, I think Gambling is a game of elite class and rich people. If OP lost 12 BTC this time, he might have earned a lot of BTC before. You and me cant afford such amount to be even risk in gambling. but there are people who are daily investing lots of BTC there. That is the reason Gambling is one of the biggest business today and with the use of bitcoin it has become more popular.

[hatshepsut93]

You just lost a fortune and you are saying that you do not understand why does the house always win. The house always win because nobody will make a site/ casino where you can win in a long run. You can only win once or twice in a 10 lose streak and the house will always win because if you win once, you will want to win again and you will lose while trying

The real reason why the house wins is because it has more money. When you make a deposit and start playing, you will have close to even chances of losing/winning (the edge is 1-2%), so your balance will look like a wave - it will be going up and down, and the games stops when you lose all your deposit, while for casino it would stop only if they lose all their bankroll. Since the game is almost equal, the house has much more chances to win all your money than you to win theirs. The only way to win against the house would be to play against it with 100 times bigger bankroll, but they also have a limit for maximum win per bet, which allows they house edge to reduce the risks of playing against whales.

[Ryan Dugan]

You should have given us a kink to the site and your profile. That's so much to lose and you should prove it. That's why I dont think I can believe this. Also when you ga!ble in thst amount stop when you in positive unless you have a goal to reach then stop st the goal. Bit you need to realize you risking everything you have in order to get those wins.

[dunfida]

You should have given us a kink to the site and your profile. That's so much to lose and you should prove it. That's why I dont think I can believe this. Also when you ga!ble in thst amount stop when you in positive unless you have a goal to reach then stop st the goal. Bit you need to realize you risking everything you have in order to get those wins.

I do really need some proofs since anyone could anytime claim that they do lose a certain big amount on playing gambling and i dont easily believe when theres no proof that he owns a particular account.12 btc is really too much to lose considering on the current price of bitcoin. If we do play gambling we should really be prepared on the risk?

[mirakal]

You should have given us a kink to the site and your profile. That's so much to lose and you should prove it. That's why I dont think I can believe this. Also when you ga!ble in thst amount stop when you in positive unless you have a goal to reach then stop st the goal. Bit you need to realize you risking everything you have in order to get those wins.

I do really need some proofs since anyone could anytime claim that they do lose a certain big amount on playing gambling and i dont easily believe when theres no proof that he owns a particular account.12 btc is really too much to lose considering on the current price of bitcoin. If we do play gambling we should really be prepared on the risk?

For me I don't need to ask for any proof as I do believe anyone can lose that amount especially if you are a sharks in gambling, they spend based on their capacity but we do not have that. Anyway, any experience is worth sharing for because we can get learning in one's experience and we shall make it a basis to not follow the same mistakes.

[chris200x9]

You should have given us a kink to the site and your profile. That's so much to lose and you should prove it. That's why I dont think I can believe this. Also when you ga!ble in thst amount stop when you in positive unless you have a goal to reach then stop st the goal. Bit you need to realize you risking everything you have in order to get those wins.

I do really need some proofs since anyone could anytime claim that they do lose a certain big amount on playing gambling and i dont easily believe when theres no proof that he owns a particular account.12 btc is really too much to lose considering on the current price of bitcoin. If we do play gambling we should really be prepared on the risk?

For me I don't need to ask for any proof as I do believe anyone can lose that amount especially if you are a sharks in gambling, they spend based on their capacity but we do not have that. Anyway, any experience is worth sharing for because we can get learning in one's experience and we shall make it a basis to not follow the same mistakes.

If there are no proofs, then this is one good topic to discuss that's it. But if it is there any proof then it is a good lesson to don't do like this in your future. Yup people will invest how much they can afford maybe the Op can afford this amount who knows am I right. But one thing I will clarify in gambling if we lose any bet we will not learn anything from that loss. Only thing will come in our mind is stop gambling.

[Vaskiy]

You should have given us a kink to the site and your profile. That's so much to lose and you should prove it. That's why I dont think I can believe this. Also when you ga!ble in thst amount stop when you in positive unless you have a goal to reach then stop st the goal. Bit you need to realize you risking everything you have in order to get those wins.

I do really need some proofs since anyone could anytime claim that they do lose a certain big amount on playing gambling and i dont easily believe when theres no proof that he owns a particular account.12 btc is really too much to lose considering on the current price of bitcoin. If we do play gambling we should really be prepared on the risk?

For me I don't need to ask for any proof as I do believe anyone can lose that amount especially if you are a sharks in gambling, they spend based on their capacity but we do not have that. Anyway, any experience is worth sharing for because we can get learning in one's experience and we shall make it a basis to not follow the same mistakes.

If there are no proofs, then this is one good topic to discuss that's it. But if it is there any proof then it is a good lesson to don't do like this in your future. Yup people will invest how much they can afford maybe the Op can afford this amount who knows am I right. But one thing I will clarify in gambling if we lose any bet we will not learn anything from that loss. Only thing will come in our mind is stop gambling.

Yeah, Op might have got good backing to be afforded on dice event. Stop gambling strikes our mind once after losing but in a short people will once again participate thinking to retain the loss. Gambling is good if played with limits, also the loss happened around a month back. Now the price of a single bitcoin have varied big, so surely Op might be feeling much bad.

[Malsetid]

You should have given us a kink to the site and your profile. That's so much to lose and you should prove it. That's why I dont think I can believe this. Also when you ga!ble in thst amount stop when you in positive unless you have a goal to reach then stop st the goal. Bit you need to realize you risking everything you have in order to get those wins.

I do really need some proofs since anyone could anytime claim that they do lose a certain big amount on playing gambling and i dont easily believe when theres no proof that he owns a particular account.12 btc is really too much to lose considering on the current price of bitcoin. If we do play gambling we should really be prepared on the risk?

For me I don't need to ask for
 any proof as I do believe anyone can lose that amount especially if you are a sharks in gambling, they spend based on their capacity but we do not have that. Anyway, any experience is worth sharing for because we can get learning in one's experience and we shall make it a basis to not follow the same mistakes.

If there are no proofs, then this is one good topic to discuss that's it. But if it is there any proof then it is a good lesson to don't do like this in your future. Yup people will invest how much they can afford maybe the Op can afford this amount who knows am I right. But one thing I will clarify in gambling if we lose any bet we will not learn anything from that loss. Only thing will come in our mind is stop gambling.

Yeah, Op might have got good backing to be afforded on dice event. Stop gambling strikes our mind once after losing but in a short people will once again participate thinking to retain the loss. Gambling is good if played with limits, also the loss happened around a month back. Now the price of a single bitcoin have varied big, so surely Op might be feeling much bad.

I'd feel bad if I were to lose that much btcs and op has a lot of guts to play that much btc into dice. I won't even dare try 1 btc because losing that much would haunt me for a very long time. You can't really earn that much btc easily and I can imagine the regret he might be feeling looking at how he could've just stayed away from gambling and held on to his bitcoins.

[JasonXG]

Oh my GOD...This is another sad story of gambling. Sometime the eagerness to win more money leads to lose more of it.Greed is  maybe another factor. Uncontrollable urge to gamble leads to addiction and this should be given attention.It willnot only do harm finncially but also to relationships and other people around us.You keep praying.

This is my first thought, one more sad gambling story from a newbie! I wish to point that out, one more newbie that comes here and first post is about his loss, like we care. 12 BTC is a lot, with that bitcoins I would have enough for gambling, investing in casino's, trading, investing in other cryptos and I would even put something in save.
In my 2000 posts I never wrote anything similar, and I had some big loses, I agree with members above don't regret after you lost money, it's late for regret and becoming emotional, if you were man and you had balls to go in casino with that money now be a man and survive that without tears.

I think he would be much more angry. 12btc is a small fortune. He is nowhere nearly angry enough to get upset over something like this. I'm not sure why he made this post if it is just made up. Woe gambling with 12btc is crazy I don't believe this guy would have stopped until losing everything nothing would be enough until all is lost.

[selline]

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

Well what would you expect dude. Casinos make a living off of people like you so whatever you do whichever way you look at it, if you continue to gamble especially with dice, tendency is you'll just use up all your bankroll pretty much same as shat happened to you. Just take it as a life lesson and learn from this mistake as this came with a very high cost. Earnig 12btc is serious amount dude

so whatever you do whichever way you look at it if you continue to gamble especially with dice, the tendency is that you will only use bankroll all You pretty much the same as shat happens to you. Just think of it as a life lesson and learn from this mistake as it comes with a very high cost. Earnig 12btc is the number of URdude.ini is very serious danger to us ...

[Mike Mayor]

Man that's a lot to lose. 12btc ? Where you chasing ? Tell us more ? How did it happen what did you do and where did you play ? Did you use bonuses or not ? How many hours did you play and did you play daily ? How much did you gamble each time ? We're you ever in orfit or was it down hill from the start.

Maybe you should have tried trading or investing. You should have invested in Yolodice you would have made s nice amount maybe over 1btc in this 4 months.