I gambled and lost

[kgbgk]

As the title says, I gambled my bitcoins both bought and mined. Satoshidice is the sole recipient.

Make sure you only gamble what you can afford to lose as hindsight is 20/20 and it's amazing how much you can kick your own ass.

Cheers,
k.

[Bowjob]

As the title says, I gambled my bitcoins both bought and mined. Satoshidice is the sole recipient.

Make sure you only gamble what you can afford to lose as hindsight is 20/20 and it's amazing how much you can kick your own ass.

Cheers,
k.

how much is the damage?

[kgbgk]

All told 5BTC.

Just a friendly PSA for fellow gamblers.

k.

[Welsh]

This is normally what happens, you feel you're on a winning streak and then BLAM! you lose everything. I hope you recover after this.

[talnted]

Get em next time!

[kgbgk]

Luckily or unluckily my convenient method of transmitting fiat to a certain exchange has gone away so next time may be far away.

[grue]

>2013
>playing negative EV games
did you fail high school math?

[Kouye]

>2013
>playing negative EV games
did you fail high school math?

As a tax paying worker, I thank all the people willing to pay a share of mine through national lotteries.
http://en.wikipedia.org/wiki/Lottery

They once were considered as a scam and forbidden in France, for example. Until the king understood it might be a good way to fund this melting treasure... 

Sorry for your loss, which was to be expected.

[nimda]

As always, the best bet on SatoshiDICE is no bet. The second-best bet is the minimum on the best odds.

[cp1]

I don't understand the draw of satoshi dice, and I'm a degenerate gambler.

[giantdragon]

I hope you have learned lesson: never play with negative EV!

[Zaih]

Only gamble what you can afford to lose, gambling should only ever be done for fun 

[darkmule]

Only gamble what you can afford to lose, gambling should only ever be done for fun 

Or for profit, but only if you can actually make one.  There is no way of doing that at SatoshiDice.  The degenerates and the blockchain just take a hammering, the degenerates from losing and the blockchain from being spammed with worthless dust transactions.

[Kouye]

Or for profit, but only if you can actually make one.  There is no way of doing that at SatoshiDice and all its clones.  The degenerates and the blockchain just take a hammering, the degenerates from losing and the blockchain from being spammed with worthless dust transactions.

Whenever you gamble on SD or a clone, you GIVE THEM your BTC.
Keep doing that, and they'll hold 90% of the coins, making them useless.

Just buy stuff with your BTC instead of your $, please.

[Junko]

Sometimes the hard way is the best way to learn.

[bit777]

Learn BlackJack. A much more interactive game and proven to be beatable.

[hasher87]

Only gamble what you can afford to lose, gambling should only ever be done for fun 

^what he said

I'll never gamble with btc that i bought for $$$, but instead i only used that i've gained via mining.

That shit went through an investment

[ScottJD]

I know the odds are alway stacked in the houses favour.

But I tried out Bitzino's BJ and just to mess around put in 1BTC, walked with 3BTC - Excellent.

Now to run with my winnings and never return. So i can say i have a lifetime win using BTC.

(Suppose its Karma for being scammed of 1 BTC by Hiddenoreo)

[darkmule]

Learn BlackJack. A much more interactive game and proven to be beatable.

Not with basic strategy.  There are very few opportunities online for card counting at blackjack.  However, blackjack is a reliable game to play when clearing a bonus or when there is rakeback or something else active that brings your overall EV positive.  Even these are a lot less common than they used to be even a couple years ago.  It used to be quite possible to make a lot of money "bonus whoring" the various online casinos, but not as much these days.

[Rampion]

>2013
>playing negative EV games
did you fail high school math?

THIS.

Come on guys. Don't be the dumb ones in the pack.