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Author Topic: Did you learn from your gambling mistakes?  (Read 4667 times)
oHnK
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November 17, 2017, 06:55:19 AM
 #421

I have lost a lot of times but sometimes I also think that it's a job and never gambling because gambling is really risky. It's your chance that you can win or lose a lot, but you can say that you can win 100% here depends on how much your investment is more likely to be a big winner but you can earn money because your funds are high for gambling so you can beat it too.

It is normal to lose in gambling and that is why we should learn from our mistake. Sometimes we need to learn not because we are afraid to move forward but it is to be able to move forward and stop doing the same mistake again. When we learn about our mistake, we will be able to get out of gambling addiction or atleast decided to only play for fun
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November 17, 2017, 02:21:19 PM
 #422

Many gamblers know that they can't win money from gambling but they keep on gamble again and again but not with a small amount. Some people even borrow money from others to gamble. That means they never learn from their past gambling mistakes.

Are you doing this kind of gambling mistake?
Yes , I was doing such types of the mistake earlier and about I lost 0.2+ btc in my Gambling fun to make big profit .
With those loss I am still happy that I made.much mistake in the Gambling , Because I have learned much from that loss .
About 50% of the btc ( about 0.1btc ) that I lost was taken by me to make Gambling by a friend , so in that way I realised that I made a big loss not only for myself but also for that person who believe me and gave the bitcoin for the Gambling .
After that day I started work for legimate instead of big Gambling , and from That day I made Gambling only for fun purpose not for profit .
Gambling should never be about profit.
First, it is a game of chance, not an investment and I always get worried when I hear people even on this forum saying they want to invest their money into gambling so they can make profit.

That is really an absurd way of thinking as the chances of losing are as high as the chances of winning and even higher most times. It is best to know that once you cannot afford to lose what you are holding, then do not even bother gambling.

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November 17, 2017, 02:28:54 PM
 #423

Biggest mistake I ever had is going all in or that YOLO bet. I was motivated by this friend of mine as he shows his YOLO winning streak by following a simple strategy of betting in small increments and after losing 3 times or 4 times in a row, a YOLO bet follows and win. I tried to duplicate his style but I lost money instead of gaining profits. Those were the days.
Now that's something I would never do myself, just seems so silly to end your game by making one last win or lose bet.
I don't even see how that would be fun, either you lose everything and you're bummed out, or you win and can't stop playing because you think you'll win again.

I just prefer to do smaller bets and cash out after a certain amount of time, regardless if I win or lose.

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November 17, 2017, 02:34:13 PM
 #424

Learning can be said yes. However, repeating mistakes is a gamblers habit. Ending with bankroll zero is something familiar we hear. So, I use tricks with occasional gamble also just risked small amount of money.

Ending with bankroll zero is a sign of not learning from mistakes.Gambling until your bankroll is zero is a mistakes and if you keep gambling until your bankroll zero means you do not learn from your mistakes. And that's a mistake that should only happen to you once. Because it is a mistake that we see and must be aware of.
There should always be a limit and it is a good thing that the owners of these sites have a place where you can set a limit to the amount you win for the day or the amount you lose for the day. It is really a mistake trying to always push one's luck harder until we find out that it ends up not worth it.

Gambling is not a means to make more money, it is a means to have fun and try your luck while doing it which makes one to have plans even before stepping into the world of gambling.

BitcoinPC
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November 17, 2017, 02:55:50 PM
 #425

I think many no,first example i choose me every time when i loss money i see my mistake but another time i do same and you cannot learnig much from your mistakes because you loss money its to expencive learning,the best option is to stop with gambling is you stop whit gambling you can say that you've learned a lesson.

Do you think that we can't learn much from our mistake in gambling?
If you can't learn from your mistakes in gambling then you also can't stop gambling. It is not easy if we play gambling and suddenly you stop it. You learn from your mistakes, but if you think that you couldn't learn it then definitely you have no determination to quit gambling suddenly. Also it is not difficult to improved ourself from our gambling mistakes.
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November 17, 2017, 04:59:16 PM
 #426

The important lesson that I learned from gambling with bitcoin is you should not be greedy and the end result always has the dependence upon the luck. However hard you make strategies, you need luck to experience the win. Because most of the events I participate were sports betting.
Greed is what has led so many people into gambling and has made them to lose so much in the long run. They feel they can just automate a system and then their strategies will keep working for them.

If it works that way, then we'd all be rich by now why the owners of the sites would have become paupers. It is all about luck and the lesson is that we should always prepare our mind and face reality before we make any decision.
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November 17, 2017, 05:43:33 PM
 #427

I think many no,first example i choose me every time when i loss money i see my mistake but another time i do same and you cannot learnig much from your mistakes because you loss money its to expencive learning,the best option is to stop with gambling is you stop whit gambling you can say that you've learned a lesson.

Do you think that we can't learn much from our mistake in gambling?
If you can't learn from your mistakes in gambling then you also can't stop gambling. It is not easy if we play gambling and suddenly you stop it. You learn from your mistakes, but if you think that you couldn't learn it then definitely you have no determination to quit gambling suddenly. Also it is not difficult to improved ourself from our gambling mistakes.
just use it as a basis for the betterment of your life, gambling can be enjoyable but making more mistakes and not to learn from it would be not
good for us we should learn and assess ourselves so we can control and quit if we are already in a hole of troubles.

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November 17, 2017, 11:18:51 PM
 #428

I was actually like that before but I learned my lesson well. To the point that I borrow money from my friends but they didn't know it was for gambling. But I changed that habit, and honestly I don't even gamble anymore.

Same here, i borrow money to my friends when i dont have budget for gambling. I think the worst is i even lied to my parents that i have something important to buy for school activity but actually i will use the money to gamble.

Now i learned from my mistakes and feeling guilt sometimes everytime i remember those times and the things i had to do just for gambling.
I think you have taken a very wrong step in your life. The thing is that being a gambler is something quite risky if you have got addicted to it to some serious extent. Taking the debts from your close friends or the relative to try your luck again and again is not more than a foolish act. It is good to hear that you have learned from your mistakes and feel guilty about it.
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November 17, 2017, 11:19:48 PM
 #429

I think many no,first example i choose me every time when i loss money i see my mistake but another time i do same and you cannot learnig much from your mistakes because you loss money its to expencive learning,the best option is to stop with gambling is you stop whit gambling you can say that you've learned a lesson.

Do you think that we can't learn much from our mistake in gambling?
If you can't learn from your mistakes in gambling then you also can't stop gambling. It is not easy if we play gambling and suddenly you stop it. You learn from your mistakes, but if you think that you couldn't learn it then definitely you have no determination to quit gambling suddenly. Also it is not difficult to improved ourself from our gambling mistakes.
But even if you are learning from your gambling mistake still if you are addicted to  gambling you cannot stop playing gambling. because i know some people personally who even want to stop gambling but still cannot succeeded in their aim. Therefore i do not think that it is so easy to stop playing gambling.
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November 17, 2017, 11:27:30 PM
 #430

But even if you are learning from your gambling mistake still if you are addicted to  gambling you cannot stop playing gambling. because i know some people personally who even want to stop gambling but still cannot succeeded in their aim. Therefore i do not think that it is so easy to stop playing gambling.

Actually, if you said the world gambling a couple less times the post would look much better and with luck become readable.
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November 18, 2017, 12:48:45 AM
 #431

For some with a serious addiction to gambling repeatedly making the same mistakes gambling cannot be helped. If you are going to gamble you have to set your own limits and know when to stop or not place heavy bets.

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November 18, 2017, 01:09:11 AM
Last edit: November 18, 2017, 01:24:51 AM by Oo ako to
 #432

Yes. At first, I thought my mistake was being greedy and instead of stopping I still continue to play and expecting that I can win bigger than what I got but I was wrong. The biggest mistake is when I gamble. Everyone knows and I should know that winning there is 1 in a billion chance.
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November 18, 2017, 03:56:46 PM
 #433

Yes and no... I think for most people it takes doing the same mistake more than once to learn from it. This is the human condition unfortunately. Very few people make a mistake once and learn from it. I am counting myself in that list that makes the same mistake over and over again.
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November 18, 2017, 10:40:57 PM
 #434

Yes and no... I think for most people it takes doing the same mistake more than once to learn from it. This is the human condition unfortunately. Very few people make a mistake once and learn from it. I am counting myself in that list that makes the same mistake over and over again.
Yes, In gambling, a lot of people make the same mistake over and over, and then they learn that. I don't know exactly why, but i think they want to prove, that is not a mistake, XD! , Anyway, Personally, I did some mistake in the past but now, I know exactly how i do and which step i follow in gambling.

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November 19, 2017, 02:30:28 AM
 #435

Many gamblers know that they can't win money from gambling but they keep on gamble again and again but not with a small amount. Some people even borrow money from others to gamble. That means they never learn from their past gambling mistakes.

Are you doing this kind of gambling mistake?
Yes i also learn from my gambling mistakes like you cannot be rich in gambling if you are only just a player because only the owner of a casino or the dealer can be rich in gambling. That's why i only play if my friends ask me to come with them to play not to earn big money in gambling.
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November 19, 2017, 08:59:06 AM
 #436

Many gamblers know that they can't win money from gambling but they keep on gamble again and again but not with a small amount. Some people even borrow money from others to gamble. That means they never learn from their past gambling mistakes.

Are you doing this kind of gambling mistake?
Yes , I was doing such types of the mistake earlier and about I lost 0.2+ btc in my Gambling fun to make big profit .
With those loss I am still happy that I made.much mistake in the Gambling , Because I have learned much from that loss .
About 50% of the btc ( about 0.1btc ) that I lost was taken by me to make Gambling by a friend , so in that way I realised that I made a big loss not only for myself but also for that person who believe me and gave the bitcoin for the Gambling .
After that day I started work for legimate instead of big Gambling , and from That day I made Gambling only for fun purpose not for profit .
Gambling should never be about profit.
First, it is a game of chance, not an investment and I always get worried when I hear people even on this forum saying they want to invest their money into gambling so they can make profit.

That is really an absurd way of thinking as the chances of losing are as high as the chances of winning and even higher most times. It is best to know that once you cannot afford to lose what you are holding, then do not even bother gambling.
Yeah it's not something to be played for profit, it should be deal as an entertainment. For me it is very much surprising to hear from the people that they gamble to earn money and want to correct their mistakes due to which they lose money while on the other hand we listen from the people that gambling is all about luck. I think going for gambling itself is a blunder in life, why not work on it instead of wasting time on useless issues.
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November 19, 2017, 11:02:08 AM
 #437

Yeah it's not something to be played for profit, it should be deal as an entertainment. For me it is very much surprising to hear from the people that they gamble to earn money and want to correct their mistakes due to which they lose money while on the other hand we listen from the people that gambling is all about luck. I think going for gambling itself is a blunder in life, why not work on it instead of wasting time on useless issues.

We have examples from our predecessors. It is almost impossible for people to get a decent life by gambling and it should make us realize that if we treat gambling as a mean to earn income then we can end up just like most gamblers had. We have to change our mindset regarding gambling!

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November 19, 2017, 02:59:04 PM
 #438

Many gamblers know that they can't win money from gambling but they keep on gamble again and again but not with a small amount. Some people even borrow money from others to gamble. That means they never learn from their past gambling mistakes.

Are you doing this kind of gambling mistake?
I learn in gambling that don't be greedy to much know your limit and not everyday you have the luck to win a lot of money. So it's better just to play for entertainment not to play for to earn a lot of money in gambling because no one have become rich in gambling only the dealer and the owner of the casino are the one's who became rich.
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November 19, 2017, 06:07:12 PM
 #439

Many gamblers know that they can't win money from gambling but they keep on gamble again and again but not with a small amount. Some people even borrow money from others to gamble. That means they never learn from their past gambling mistakes.

Are you doing this kind of gambling mistake?
I learn in gambling that don't be greedy to much know your limit and not everyday you have the luck to win a lot of money. So it's better just to play for entertainment not to play for to earn a lot of money in gambling because no one have become rich in gambling only the dealer and the owner of the casino are the one's who became rich.
Good to hear at that you do able to learn on your past mistakes which should really be done on those people who are addicted on gambling but the main thing is that we should avoid the possible addiction and we should not  wait for it to happen on ourselves because it will result non pleasant thing. We should not come to a point that we are almost losing everything.

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November 20, 2017, 07:45:46 AM
 #440

The important lesson that I learned from gambling with bitcoin is you should not be greedy and the end result always has the dependence upon the luck. However hard you make strategies, you need luck to experience the win. Because most of the events I participate were sports betting.
there's really a fun time with sports betting mate, because even the under dogs are winnings previously, i learned that not because strong team
have its advantage not always that they can win the game, its really luck that's bring some success inside the gambling activity.
It's the risk that you are willing to take to bet on the underdogs, then that's your choice. If you could somehow compute for the amount of win that you could make if the underdog wins, then you could would know how much would be needed to bet so that you can get back everything that you lost everytime you win. Somehow, a martingale type of betting. That's just patience and perseverance.
Betting on underdog is not always profitable, you have to understand that in sports betting you are looking for a value and sometimes underdog cannot really compete which will just give an easy win for the favorites. I do sports betting in basketball and I have tried betting on dogs before but I realize that is like blindly betting and it will not give me a long term profit, I need to determine which of the dogs and the favorites that has a good winning chance.
Haha! Yes it is one of the biggest issues faced by all of us when we actually go to play poker in ground based casinos .the spectators of the opposite team keep on suggesting some serious shit that causes to lose focus on the game and makes me a bit of aggressive many of the times. This is some real reason behind immediate losses just in the beginning.

So I would prefer to play solo in the online casinos first and then use the whole bunch of experience to play poker with players in physical casinos.
Yes that may happen with the newbies who are coming up in this world for the very first time. Even in starting some months they are confused when they go to ground casinos and there they see the audience who are only focusing on them and suggesting anything. They may be detracted but they shouldn’t be. You must be confident enough to stabilize the opposing force.
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