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Author Topic: Should I try to win back my loss?  (Read 4087 times)
jamyr
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October 30, 2017, 09:47:55 AM
 #181

Yes, no one should ever give up anything or any losses without any fight - good fight. but before you fight back, please study this forum, change your investment policies and strick back Smiley
Gambling is not a fight and if it is a fight what are some of the things that you will have to do in order to win, With gambling it's all about luck and nothing, if it didn't go well for you, then try the next day but don't come with the mindset that you are going to recoup your losses, you will end up losing everything in the end.

But many addicted gamblers believe that with different strategies and with bankroll management they can beat the house and make easy money. This is the main reason gamblers lose more and more money in gambling. I think even gambling every day is not a good thing to do because you may slowly addict to gambling so you should come back only after few days to try your luck but definitely not to get back your losses.

Well that is correct. Because the more the players that wagers, that won't affect the house edge that the casino have. It still has 1% edge. So, it is safe to say that sometimes you get to win, sometimes you get to lose.

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freedos
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October 30, 2017, 09:53:19 AM
 #182

Yes, no one should ever give up anything or any losses without any fight - good fight. but before you fight back, please study this forum, change your investment policies and strick back Smiley
Gambling is not a fight and if it is a fight what are some of the things that you will have to do in order to win, With gambling it's all about luck and nothing, if it didn't go well for you, then try the next day but don't come with the mindset that you are going to recoup your losses, you will end up losing everything in the end.

But many addicted gamblers believe that with different strategies and with bankroll management they can beat the house and make easy money. This is the main reason gamblers lose more and more money in gambling. I think even gambling every day is not a good thing to do because you may slowly addict to gambling so you should come back only after few days to try your luck but definitely not to get back your losses.

they can beat the house if they are not greedy and leave when they got profit.
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October 30, 2017, 10:20:08 AM
 #183

Yes, no one should ever give up anything or any losses without any fight - good fight. but before you fight back, please study this forum, change your investment policies and strick back Smiley
Gambling is not a fight and if it is a fight what are some of the things that you will have to do in order to win, With gambling it's all about luck and nothing, if it didn't go well for you, then try the next day but don't come with the mindset that you are going to recoup your losses, you will end up losing everything in the end.

But many addicted gamblers believe that with different strategies and with bankroll management they can beat the house and make easy money. This is the main reason gamblers lose more and more money in gambling. I think even gambling every day is not a good thing to do because you may slowly addict to gambling so you should come back only after few days to try your luck but definitely not to get back your losses.

they can beat the house if they are not greedy and leave when they got profit.

what if they don't turn in profit from the beginning but start with losses. I think you should just know when to stop and it could either be when you're loosing or when you're winning. Jyust figure out when and don't waste money on trying to recoup lost money.
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October 30, 2017, 10:30:29 AM
 #184

"Don't continue on this day", maybe that word can help us avoid to bigger losing. There is still tomorrow to pick up our money evaporated by the house.
Yes you should try but not in the same day because if you are losing in a certain day it means that this day is not in your favor. Therefore leave the game at once and keep the rest of your money for gamble on some other day. If the time is in your favor you will definitely win the game and by this way you will win back your lost money. But keep in mind that gambling also wants favorable time. Wait for that time and then gamble.
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October 30, 2017, 10:32:46 AM
 #185

The game finished 3:0
I won

To sum up the thread
I won back my loss

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Also, on a further note
I'll never play martingale again  Cheesy

Man....that wasn't smart.  I'm glad it worked out for you, but it would have been a gut shot if you'd have lost ---> it would've hurt.  Advice for the future: set limits!  Do some research on bankroll management schemes, like the Kelly (https://en.wikipedia.org/wiki/Kelly_criterion), and find one you can apply stubbornly.
really doubt to those people who have done martingale betting strategy to not do it again in the next days you gamble , sometimes it will cross to your mind that doing martingale could be a good idea to double your money , it will always hook you.

even with bankroll management , to make every single gambling session you start in the long run become profitable in green it is like mission impossible.
That was a big bet in the end, he is lucky he won the game but with the odds that is only 1.5 which is he is playing for the favorites.
Your last bet was placed in sports betting, you are good because you were able to predict it right, maybe even if you did not lose in this game, you have to learn a lesson not to do it again, I though it was just a small bet but you really pound it hard.
at the moment he might successfully recover what he have lost previously.

but i am not really so sure it will last for long time , to have profit continuously in the long run seems just a dream. if then there someone who did it i guess it is just 1 out of thousands or even millions in percentage , don't expect to be profitable in gambling it will only give you a regret.
Try again for winning the bet after lose. Don’t fear gambling is totally luck although some use tricks. If you are lucky then you will make lots of money with gambling otherwise you will lose continuously and may your wallet get empty due to losing your money.

So try to win your lost bitcoin is mandatory to keep gambling and to reverse your lost money. If you have no skills of gambling then you should not gamble because you will never win. Use wining techniques.
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October 30, 2017, 01:46:00 PM
 #186

Don't do it. That is the common mistake that most gamblers do. It is also a clear sign that you are going close to an addiction. Just let it go and and I suggest that you leave gambling for good. It will just stressed you out if you will keep coming back and recover your losses.
Getting addicted is normal sometimes in gambling most especially when you just have that mindset of trying to win all the time and then it affects your mentality of accepting losses. Emotions are bound to kick in and it is only left for the individual to have the ability to control themselves when that huge desire to continue or recover losses hit them.
eann014
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October 30, 2017, 03:54:46 PM
 #187

You can win back you've loss, but I guess try to li-lo playing gambling also, because I think gambling is not your thing since you are always losing in it. Maybe try in the other day or if you can try to stop playing it then stop and earn bitcoin than to gamble more. More earnings and less gamble are better.

That would be stupid to try to win back loss. The mindset of trying to catch up with what you have lost would be the beginning of addiction. Though, I agree with you saying that more earnings(by rendering services etc.) is much better than relying on gambling alone.
I know, Just like what I've said maybe gambling is not his/her thing. That is true that the mindset of trying to catch up with what you have lost would be the beginning of addiction, we should know all about this since a lot of people now are hooked into gambling, but we can never blame them since gambling is really entertaining especially when they hit the jackpot.
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October 30, 2017, 07:07:45 PM
 #188

Don't do it. That is the common mistake that most gamblers do. It is also a clear sign that you are going close to an addiction. Just let it go and and I suggest that you leave gambling for good. It will just stressed you out if you will keep coming back and recover your losses.

Yeah and most of the time dude, you don't really get the result you wanted from it. If you'vr lost continously in a day, i think it would be better to accept the fact that you're just not that lucky that day and it would be better to just leave. People who are stubborn enough to continue playing usually spend every penny they have and goes home without anything at all
Sure you don’t and that is why it is gambling. Pure game of luck! No one ever expect a lost but they surely do come most of the time and the best is just to accept the losses when they come and move on just like you have said. It is shitty though but it takes a high level of self control most times and understanding that the higher the risk you are taking further the more chances are for you to get nabbed, then the better.
btcloi78
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October 30, 2017, 07:41:17 PM
 #189

No, Everytime I tried to recover my losses I ended up lossing all my money.
szpalata
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October 30, 2017, 08:57:44 PM
 #190

No, Everytime I tried to recover my losses I ended up lossing all my money.

That is because you lost your cool the moment you were bent on going to recover what you've  lost, all your thinking was about the money and recovery instead of focusing on the game. That has been the bane of many out there who try recovery instead of letting go and focusing on winning the game in hand.
Reid
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October 30, 2017, 09:22:19 PM
 #191

Yes you can but in my experience I suggest you not to haste it.
Just try to get it back little by little or else you could end up with losing more.
That is just based on my own experience but you could always decide what will be the fastest.
I just find it hard to win whenever I am betting larger amounts.
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October 30, 2017, 09:44:04 PM
 #192

Yes, no one should ever give up anything or any losses without any fight - good fight. but before you fight back, please study this forum, change your investment policies and strick back Smiley
Gambling is not a fight and if it is a fight what are some of the things that you will have to do in order to win, With gambling it's all about luck and nothing, if it didn't go well for you, then try the next day but don't come with the mindset that you are going to recoup your losses, you will end up losing everything in the end.

But many addicted gamblers believe that with different strategies and with bankroll management they can beat the house and make easy money. This is the main reason gamblers lose more and more money in gambling. I think even gambling every day is not a good thing to do because you may slowly addict to gambling so you should come back only after few days to try your luck but definitely not to get back your losses.

they can beat the house if they are not greedy and leave when they got profit.

i think it is difficult to beat the house because we know that the house is always win no matter how good we've played gambling and even if we are not greedy, we are still difficult to beat the house. although our chance is small, we have possibility to win the money as long as we have our luck in our side but i don't think that to recover our losses is easy as we think.

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October 30, 2017, 10:05:21 PM
 #193

You should cut off your losses to the minimum whenever you're gambling and facing a loosing streak . trying to win your money back might get you into more losses and therefore depression will get the best of you and all your life will go upside down .
pinggoki
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October 30, 2017, 10:24:54 PM
 #194

I have around 500 000 bets placed on FJ
It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale)

I got 16 losses in a row
Starting with bet 0.000001BTC
And last bet was 0.03BTC
Counting a 0.06BTC loss total



Now, my question is, should I try to win it back?

I have a total bank of around 1.6BTC on my disposal

Odds of me losing those 16 bets in a row were 0.00179%
Somewhere around 1 to 60 000

Now, if I place a 0.06BTC there's a 50.5% chance I'll lose
If I lose, I place a 0.12BTC bet,  0.505*0.505= 25.5% chance I'll lose
If I lose, I place a 0.24BTC bet, 0,255025*0,505= 12.88% chance
If I lose, I place a 0.48BTC bet, 0,128787625*0,505= 6.5% chance I'll lose

If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9BTC (+0.03)

Is it worth it?
Should I cut my losses o.o

Odds of me losing 20 bets in a row should be 1 : 860 000
Which, with me having 500k bets, doesn't sound very good

You got into a series of losses and by some logic you should stop because it's easy to lose even more.But by some law of numbers after you lost 16 times in a row you probably should finally win in next few bets.I think the decision is just for you because money is just yours.If I was in your place I would stop for a while.Since you are in good campaign all you lost will be back to you anyway.I know it's not the same as getting a bet,but let's say it makes sense,at least for me.

If you still decide to bet good luck to you and to get back all the lost Smiley

Yes taking risk is up to you. and as a mate said you are in the good campaign if you lost money also you will get back it in a couple of weeks. So according to me, you can try one more time if you have luck you may win back your losses. If I am in your position, i will try once. 
Indeed, you should win back from your losses but not in the way of gambling but rather here in then forum. As what you have said you were joined at a good campaign so it would be esier for you to get the money that you have lost. You could not get back your money on gambling because gambling is all about luck.

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Pettuh4
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October 30, 2017, 10:53:45 PM
 #195

I have around 500 000 bets placed on FJ
It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale)

I got 16 losses in a row
Starting with bet 0.000001BTC
And last bet was 0.03BTC
Counting a 0.06BTC loss total



Now, my question is, should I try to win it back?

I have a total bank of around 1.6BTC on my disposal

Odds of me losing those 16 bets in a row were 0.00179%
Somewhere around 1 to 60 000

Now, if I place a 0.06BTC there's a 50.5% chance I'll lose
If I lose, I place a 0.12BTC bet,  0.505*0.505= 25.5% chance I'll lose
If I lose, I place a 0.24BTC bet, 0,255025*0,505= 12.88% chance
If I lose, I place a 0.48BTC bet, 0,128787625*0,505= 6.5% chance I'll lose

If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9BTC (+0.03)

Is it worth it?
Should I cut my losses o.o

Odds of me losing 20 bets in a row should be 1 : 860 000
Which, with me having 500k bets, doesn't sound very good

You got into a series of losses and by some logic you should stop because it's easy to lose even more.But by some law of numbers after you lost 16 times in a row you probably should finally win in next few bets.I think the decision is just for you because money is just yours.If I was in your place I would stop for a while.Since you are in good campaign all you lost will be back to you anyway.I know it's not the same as getting a bet,but let's say it makes sense,at least for me.

If you still decide to bet good luck to you and to get back all the lost Smiley

Yes taking risk is up to you. and as a mate said you are in the good campaign if you lost money also you will get back it in a couple of weeks. So according to me, you can try one more time if you have luck you may win back your losses. If I am in your position, i will try once. 
Indeed, you should win back from your losses but not in the way of gambling but rather here in then forum. As what you have said you were joined at a good campaign so it would be esier for you to get the money that you have lost. You could not get back your money on gambling because gambling is all about luck.

Even though i don't support the idea of trying to recover your gambling losses if you can find another avenue to try and recoup some funds then its better that way because with that mentality if you go back into gambling you are going to be condemned into addiction.
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October 31, 2017, 01:25:27 PM
 #196

Try again for winning the bet after lose. Don’t fear gambling is totally luck although some use tricks. If you are lucky then you will make lots of money with gambling otherwise you will lose continuously and may your wallet get empty due to losing your money.

So try to win your lost bitcoin is mandatory to keep gambling and to reverse your lost money. If you have no skills of gambling then you should not gamble because you will never win. Use wining techniques.
Fear gambling because it is an easy way of being bankrupt and this is what actually happens to the majority of gamblers who start playing this game for making it their income source but lose their wealth easily then they want to get that money back with the same way.

I never understand why people do this even after experiencing the failures themselves. Chasing loss in gambling brings more loss and it is damn true.
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October 31, 2017, 02:35:09 PM
 #197

at the moment he might successfully recover what he have lost previously.

but i am not really so sure it will last for long time , to have profit continuously in the long run seems just a dream. if then there someone who did it i guess it is just 1 out of thousands or even millions in percentage , don't expect to be profitable in gambling it will only give you a regret.
Try again for winning the bet after lose. Don’t fear gambling is totally luck although some use tricks. If you are lucky then you will make lots of money with gambling otherwise you will lose continuously and may your wallet get empty due to losing your money.

So try to win your lost bitcoin is mandatory to keep gambling and to reverse your lost money. If you have no skills of gambling then you should not gamble because you will never win. Use wining techniques.
yes in the end you have to gamble expect nothing but luck to win big in the future isn't it?

i don't think you can get more winning even with skills , all will remain the same in the end your lost number much more than what you have earned as profit . don't forget about that and you will think it is never worth to try to win back your lost.

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evilgreed
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October 31, 2017, 02:35:47 PM
 #198

Yes, no one should ever give up anything or any losses without any fight - good fight. but before you fight back, please study this forum, change your investment policies and strick back Smiley
Gambling is not a fight and if it is a fight what are some of the things that you will have to do in order to win, With gambling it's all about luck and nothing, if it didn't go well for you, then try the next day but don't come with the mindset that you are going to recoup your losses, you will end up losing everything in the end.

But many addicted gamblers believe that with different strategies and with bankroll management they can beat the house and make easy money. This is the main reason gamblers lose more and more money in gambling. I think even gambling every day is not a good thing to do because you may slowly addict to gambling so you should come back only after few days to try your luck but definitely not to get back your losses.

they can beat the house if they are not greedy and leave when they got profit.

what if they don't turn in profit from the beginning but start with losses. I think you should just know when to stop and it could either be when you're loosing or when you're winning. Jyust figure out when and don't waste money on trying to recoup lost money.


         As much as i agree with you, it will just turn out eventually you will just be addicted into coping up from your losses, it doesn't also mean you really need to cope it up, and besides the houses are always made for the win. Only luck can be helpful for you, and there is no sure that you'll get struck by luck the moment you played, you will only know the results when its done.


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Hhampuz
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October 31, 2017, 03:11:32 PM
 #199

Yes, no one should ever give up anything or any losses without any fight - good fight. but before you fight back, please study this forum, change your investment policies and strick back Smiley
Gambling is not a fight and if it is a fight what are some of the things that you will have to do in order to win, With gambling it's all about luck and nothing, if it didn't go well for you, then try the next day but don't come with the mindset that you are going to recoup your losses, you will end up losing everything in the end.

But many addicted gamblers believe that with different strategies and with bankroll management they can beat the house and make easy money. This is the main reason gamblers lose more and more money in gambling. I think even gambling every day is not a good thing to do because you may slowly addict to gambling so you should come back only after few days to try your luck but definitely not to get back your losses.

they can beat the house if they are not greedy and leave when they got profit.

what if they don't turn in profit from the beginning but start with losses. I think you should just know when to stop and it could either be when you're loosing or when you're winning. Jyust figure out when and don't waste money on trying to recoup lost money.


         As much as i agree with you, it will just turn out eventually you will just be addicted into coping up from your losses, it doesn't also mean you really need to cope it up, and besides the houses are always made for the win. Only luck can be helpful for you, and there is no sure that you'll get struck by luck the moment you played, you will only know the results when its done.

Gambling is a bitch that rarely puts out, that much is for sure. And yeah the casino is always the winner in the end, the thing you need to do if you gamble is to get that one big win and then be done with it. Coming back time and time again will put you in the red while the owners gets more green in their pockets Cheesy.

nelsledma
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October 31, 2017, 06:41:04 PM
 #200

Yes, no one should ever give up anything or any losses without any fight - good fight. but before you fight back, please study this forum, change your investment policies and strick back Smiley
Gambling is not a fight and if it is a fight what are some of the things that you will have to do in order to win, With gambling it's all about luck and nothing, if it didn't go well for you, then try the next day but don't come with the mindset that you are going to recoup your losses, you will end up losing everything in the end.

But many addicted gamblers believe that with different strategies and with bankroll management they can beat the house and make easy money. This is the main reason gamblers lose more and more money in gambling. I think even gambling every day is not a good thing to do because you may slowly addict to gambling so you should come back only after few days to try your luck but definitely not to get back your losses.

Well that is correct. Because the more the players that wagers, that won't affect the house edge that the casino have. It still has 1% edge. So, it is safe to say that sometimes you get to win, sometimes you get to lose.
Yeah there must be understanding of this factor in the lives of traders and gamblers that there must be profit and there must be loss. Sometimes when you are lucky and in case of trading if you have put hard work and best efforts in the race, surely results will be on your side. Get easy with profit, loss and risk as well. Then I think you will not be in any difficulty and making better progress.
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