Should I try to win back my loss?

[South Park]

Nope. You are just dragging yourself in a deeper and darker hole that could trap you forever. And another thing, I tried that martingale crap but to tell you the truth is that owners will set a high chance of loss streak for players because I lost 20x straight.

While most sites are honest we must not forget there are some shady websites out there that have manipulated the script so whenever a player bets a big amount that player losses, those kind of things have happened in fiat casinos, they fix the games, so as long as you play in trusted casinos you should be fine.

[oHnK]

]While most sites are honest we must not forget there are some shady websites out there that have manipulated the script so whenever a player bets a big amount that player losses, those kind of things have happened in fiat casinos, they fix the games, so as long as you play in trusted casinos you should be fine.

That is why there are some difference between sites that use provably fair and site that is not. The site that dont use provably fair is not shady but you wont be able to prove if they are cheating or not. If they fix the game then there is no way to tell so play on the provably fair sites but if you are playing for fun Im not sure how it will matter

[zeaderza]

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

Losing in gambling will be a heartbreak for those who loses a lot. The remedy for this is you must first gain what you lost in a safe manner. If you can mine what you lose then that is a better way to get it. If you are brave enough to challenge whatever caused the losing of your money, then you can do it with a full heart and no regret.

The better decision is stop gambling and invest your bitcoin into something fruitful. You can always bet on something but you have to decrease your bets and not place your bet all at once.

[Bellator]

]While most sites are honest we must not forget there are some shady websites out there that have manipulated the script so whenever a player bets a big amount that player losses, those kind of things have happened in fiat casinos, they fix the games, so as long as you play in trusted casinos you should be fine.

That is why there are some difference between sites that use provably fair and site that is not. The site that dont use provably fair is not shady but you wont be able to prove if they are cheating or not. If they fix the game then there is no way to tell so play on the provably fair sites but if you are playing for fun Im not sure how it will matter

Playing for fun doesn't need to be more focus on how to win back the losses that we have. Specially on those times gambling operators were doing manipulations against the betting games that we played, sometimes it doesn't matter how we gain profit as long as were happy and enjoyed much with the activities we had. Nobody could exactly pin point which sites is fair or not, and the only thing I know all about is that business is really a business so they are really looking for the profit goals they want.

[warwar]

Nope. You are just dragging yourself in a deeper and darker hole that could trap you forever. And another thing, I tried that martingale crap but to tell you the truth is that owners will set a high chance of loss streak for players because I lost 20x straight.

While most sites are honest we must not forget there are some shady websites out there that have manipulated the script so whenever a player bets a big amount that player losses, those kind of things have happened in fiat casinos, they fix the games, so as long as you play in trusted casinos you should be fine.

Yeah you are right there are lot of gambling website that is really fixing their games . The best way to gamble is find the best gambling.website and trusted website  that is the only way to reduce your losses but should you try to.win it back? No because that is greediness that will lead to bigger losses . You should control.your self from that situation

[South Park]

Nope. You are just dragging yourself in a deeper and darker hole that could trap you forever. And another thing, I tried that martingale crap but to tell you the truth is that owners will set a high chance of loss streak for players because I lost 20x straight.

It's a big trap to have such a mentality of trying to recover what has been lost in gambling, i will advice any gambler against such because it makes you no reason with a cool head immediately you give room for such mindset and so you will be making bad gambling decisions that will completely drain your bank account with time.

That can happen to anyone even experimented gamblers, I like to watch poker tournaments on television and even world champions sometimes suffer from this, they lose a bad hand and suddenly they try to recover what they lost immediately only to lose once gain and being eliminated from the tournament.

[kodes88]

Learn when to stop, Statistically speaking you already incur a lot of loses in that day and It's an indication that you must stop. As you have said you still have coins to waste, If I were you I would keep it and/or invest it (even though you already have tons of coins) It's much better to not gamble it anymore. It's a lot of money, You can do a lot of things with that amount.

I won't blame you if you continue to regain your loss, This industry is a mind game it will attack not only your emotionally but also mentally. Just do your best to avoid such regrets in the future.

It is really hard to stop if you're addicted and just lost a lot that day. Usually addicted gamblers will continue gambling till they lose their last money... If someone is addicted like this and can't stop gambling ( As they would still gamble even if they won back what they lost) he should block every gambling site so that he wouldn't be able to gamble at all, or just ask friends or family's help.

I agree, and to make totally forget in gambling,you must focus another thing that might you get entertained as well like in gambling, or else you ask some help for someone like your relatives to put you in a rehabilitation center. But if you couldn't stop doing gamble and feels like it is your part of your life. It's ok as long as you can minimize your gambling and never try to win back you loss, just let it go and never become greedy while gambling.

If you want to stop gambling, we should not be ashamed to ask our friend for help. With help, I'm sure we'll stop. With friends, they can rebuke us when they see we want to gamble. They can remind us not to gamble anymore. They must have seen us stop gambling.

[serjent05]

Nope. You are just dragging yourself in a deeper and darker hole that could trap you forever. And another thing, I tried that martingale crap but to tell you the truth is that owners will set a high chance of loss streak for players because I lost 20x straight.

It's a big trap to have such a mentality of trying to recover what has been lost in gambling, i will advice any gambler against such because it makes you no reason with a cool head immediately you give room for such mindset and so you will be making bad gambling decisions that will completely drain your bank account with time.

That can happen to anyone even experimented gamblers, I like to watch poker tournaments on television and even world champions sometimes suffer from this, they lose a bad hand and suddenly they try to recover what they lost immediately only to lose once gain and being eliminated from the tournament.

Well that scenario would give us a lesson that chasing loses is a bad thing in gambling.  As stated with that in mind, we cannot play normally because of the weights of the goal of recovering loses.  Aside from that insted of removing stress, stress will pile up everytime loses is adde to our stats and then the amount we wanted to recover become bigger and bigger.  It is always a good practice to start a new.  Refreshed and free of burden of the thought of recovering loses from previous gambling.

[The_prodigy]

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

Yes you can however you should do it in a way that does not compromise your post to a position in which you would be sinking deeer and deeper into yhe pit of gambling and in the end losing kore than what you would want to akd losing yourself in the process

[Caladonian]

the OP already proven that its already been won after he got the jackpot several weeks ago and i guess he really knows what to do in  cases
like this, he got a lots of experience and he knows how to control himself as he proceeds to play, you can check his status inside Fortunejack
and see his bankroll.

[gabmen]

the OP already proven that its already been won after he got the jackpot several weeks ago and i guess he really knows what to do in  cases
like this, he got a lots of experience and he knows how to control himself as he proceeds to play, you can check his status inside Fortunejack
and see his bankroll.

Well that doesn't happen to many people though. Maybe for people who are experienced enough and in control, they can try to win back their losses but most of them would rather cut the losses because they understand that the chances of losing more are higher in these situations

[South Park]

Nope. You are just dragging yourself in a deeper and darker hole that could trap you forever. And another thing, I tried that martingale crap but to tell you the truth is that owners will set a high chance of loss streak for players because I lost 20x straight.

It's a big trap to have such a mentality of trying to recover what has been lost in gambling, i will advice any gambler against such because it makes you no reason with a cool head immediately you give room for such mindset and so you will be making bad gambling decisions that will completely drain your bank account with time.

That can happen to anyone even experimented gamblers, I like to watch poker tournaments on television and even world champions sometimes suffer from this, they lose a bad hand and suddenly they try to recover what they lost immediately only to lose once gain and being eliminated from the tournament.

Well that scenario would give us a lesson that chasing loses is a bad thing in gambling.  As stated with that in mind, we cannot play normally because of the weights of the goal of recovering loses.  Aside from that insted of removing stress, stress will pile up everytime loses is adde to our stats and then the amount we wanted to recover become bigger and bigger.  It is always a good practice to start a new.  Refreshed and free of burden of the thought of recovering loses from previous gambling.

That is why sometimes the best thing you can do is to just get up from your seat and do something else for some time, it can be really hard to lose a hand especially when it was almost won and the other person just got lucky but we must avoid chasing losses or we are going to risk losing the rest of our bankroll.

[guoyu78]

I think you shouldn't . i'm just trying to tell your about my personal experiences . It's very bad when you're chasing your loss and the loss are increasing without a control and you can't do a shit about it. So quit gambling if you're not lucky in it .

That is exactly right. You shouldn’t be going back to earn your loss. Reason is, if you do such things will be even worse than you think of. You have already so loss and then you are again jumping from the edge to hell. Don’t do this to yourself. Try to ignore it and if you don’t need much money than just forget about your loss, move on some healthy activity to regain your loss amount.

[BabyBoss]

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

Sometimes, in gambling you should play with relax feelings because the moment you want to get back what you lose is what you make tense and it was so hard for you to win because your only reason why you want to win to just to win back what you lose.

[PagSure]

Its better to let go of your loss in gambling and just try to stop doing gambling. If you keep chasing your loss you will get addicted in gambling and you might not be able to get out. So as early as you can if you think you have loss enough money then stop and do something productive.

[ymirymir]

It depends because based on my experience, the more eager you are to win back what you had lost in gambling, the bigger it goes. Gambling is addicting and I really think that it makes one greedy. It is true that it is entertaining. However, if you are addicted you might not notice that you are losing a lot of money already. You should just play with moderation and just play with the amount of money that you can afford to lose.

[Gintama214]

 In that situation, I suggest for you to stop and do not try to win back your BTC. I know it is tough to lose some BTC but it would be more risks to lose all of your BTC with just trying to win back a small amount of your coin. I would really not suggest on gambling again on that site or leave gambling forever because you are just wasting your time in gambling and the amount of your BTC in your wallet you could just buy a high-end mining rig so that you can earn more and not just gamble and just lose your BTC in one click.

[entrepmind23]

I also tried Martingale strategy before because I thought I will not be able to lose consecutively 25x but it happened. I tried again because there is very small chance I would have that number of consecutive losses but then I lose again 25x so I just stop gambling doing that strategy because it will just exhaust all my funds in doing so. I lost a pretty large amount in gambling because of this strategy. It is just frustrating to lose and whenever I lose, I am getting emotional so I just decided to stop gambling and shifted my attention to trading. Trading is still gambling but at least, I have a plan first before entering into a trade not in gambling wherein I just depend on luck.

It would depend on you if you want to win back your loss. If you have that much money then you can continue but there is a possibility it will exhaust your funds. If I am in your position, I would just stop for the day and then think for a while if it is really worth it.

[mharz]

In gambling theory, trying to win back after loses is desperately used by the gambling addict, because if you are in good thinking you can choose to escape and back if the negativity of your body were lost. Sometimes we can't win because there's a lot of negative vibes to our body due to stressed in our life. So I think it's better if we lost it first before playing.

Otherwise, if you feel that your not lucky in the games, I suggest to stopped and back on the next day. Because if you continue playing there's a possibility of instead of earning income, more loses you will gain.

[Malsetid]

In gambling theory, trying to win back after loses is desperately used by the gambling addict, because if you are in good thinking you can choose to escape and back if the negativity of your body were lost. Sometimes we can't win because there's a lot of negative vibes to our body due to stressed in our life. So I think it's better if we lost it first before playing.

Otherwise, if you feel that your not lucky in the games, I suggest to stopped and back on the next day. Because if you continue playing there's a possibility of instead of earning income, more loses you will gain.

Or think about the better things that you could've spent the money you lost on. If you're not yet that addicted to gambling, the i suggest that you reevaluate your decisions after a loss. Trying to win back your losses immediatelty is one of the most atupid thing you'll ever do. Look back and clear your mind.