Should I try to win back my loss?

[LFC_Bitcoin]

Cut your losses, chasing money you’ve lost & trying to gain it all back is a classic recipe for disaster. I’ve had big losers before but you have to just try & forget it.

Take a week or two away from gambling, recharge your mental batteries & then return.

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[piloder]

There is 8 minutes gap between your last two bets so I think you have placed last bet manually, which means you have lost 15 in rows because losing in row with manual betting might not count towards losing in row.

My personal experience with martingale is worst also tried autobet on bustabit for a night and lost all I have. I will suggest you to not try to recover your losses risking more.

[Don Pedro Dinero]

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

What is missing here is that although the % of always losing in a 16-bet row are very low (0.00179%), the % of losing in the next bet are still pretty high (50%).

Series of events don’t exist, they are constructions we make to understand events better but events are individual from a mathematical point of view.
So, if you play heads or tails and heads has appeared for the last 1.000.000 times, the chances of the next event being heads are still 50%.

Cut your losses, chasing money you’ve lost & trying to gain it all back is a classic recipe for disaster. I’ve had big losers before but you have to just try & forget it.

Take a week or two away from gambling, recharge your mental batteries & then return.

Yes, I totally agree. Cut your losses and take a cooling off period.

[2double0]

All the bets were looking to be a part of Martingale of course, cutting them through smaller bets is better but trying to chase your losses or recover them is not a good idea tbh. Losing over those bets that you showed (0.06, 0.12, 0.24, etc.) could lead you to something that I would call a "stupid trial" where you tried to light a candle and burnt the whole house. Don't mind me but you should not go for your loss with your complete bankroll because attempts to recover as well as the temptation and addiction won't let you stop once you start (and that may lead to losing your whole capital which won't be wise).

[iluvbitcoins]

Okay, I was impulsive
Deposited 0.1BTC
But didn't go with 0.06, I was going with the same 0.000001 and Martingale until I win 0.03
Seemed okay, +30% which would be a 1.3 bet after losing 16 bets in a row
But
Lost 17 bets again o.o
http://prntscr.com/gyydsp

Am I really that unlucky  
Should of cut losses right away  
Still have the bonus, I'll report back, but doing x40 won't happen lol

If you do the same strategies it will make you broke because for get it back your lost, is needed more capital. I think using martingale can only be done once, so you have to accept the results obtained no matter win or lose. as I know using martingale over and over will not get a better result than before.

Yeah, a stop limit is a must!
I got carried away and put my limit at 0.1BTC instead of 0.03BTC
So now I lost the 0.06 from my signature campaign + 0.1BTC I deposited
Still playing with the bonus money though
Currently at 3% and 130 mbtc 

[Aikidoka]

Wow, 16 losses in a row. That is too many, honestly. If I were in your shoe, I would not go any further. I mean, basically, you are trying to take back what you lost. Well, my advice for you is the following; I think you should stop what you are about to do now. If you are going to take more risks, you will end up losing your money. Save your money, brother. At least, spend it in something suitable to you. You are throwing your money away. So right now, all you have to do is forget about your losses and start afresh. Do not play again. Quit and come back another time.

[Hhampuz]

Oh man! I've never seen anyone be as unlucky as you have. All I'll say is, you are due a win. If I were you I'd stick 0.6 BTC on the next bet, if you are extremely unlucky and get 17 losses in a row just take the last 1 BTC and go for it. I swear to god I've never seen 18 losses in a row, if you were to get that... FJ would owe you some kind of explanation. It would be unheard of. Never don't stop.

[badjacks99]

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

I think the best bet in the situation and it's what I always seem to do, is to let the loss go. Too many times you've heard of people chasing losses and never quite getting back with you originally started with. Take a break for a week, come back and try your method again.

[Oceat]

You should cut your lose it is a greater sign that you must have to stop of what you are doing because it is gotten worse every time. You must not let your emotion to control over you if you are playing gambling because every time you lose there's a big possibility that you might lose again. Take a break, a day or two will do just don't let yourself get addicted it is also a sign that you are controlled by your emotion.

[mx667]

You should cut your lose it is a greater sign that you must have to stop of what you are doing because it is gotten worse every time. You must not let your emotion to control over you if you are playing Gambling because every time you lose there's a big possibility that you might lose again. Take a break, a day or two will do just don't let yourself get addicted it is also a sign that you are controlled by your emotion.

Let me get this straight, you gamble and lose. I want to give you an example: You lose steadily in a few days, so you get a big loss in a week. Then you want to cover your losses by Gambling again. It does not matter.

The problem is here. Take a good look: If you want to make a Profit in one day, it is impossible. If you want to cover your losses, you should do the Gambling carefully and do not get greedy in a day. You have to prepare enough money to gamble every day. Do not exceed the limit even if you've lost, if the money in one day is up .. you continue the next day. Up here understand? The point is, you do not spend all your money in one day.

The end result: If you do not make a Profit as well, and even increase your losses, then you seem to have to stop Gambling for good. But the good thing is, you do not have to be in debt because of Gambling losses. It's because you're limiting yourself not to be greedy in a day. And you always know when to stop when your money is up, and when you've got the Profit.

[serjent05]

I think it is not wise to win back your losses.   It is already proven that the more you wanted to win back your winning, the more you have a chance to lose. Anyway we all know that it is a random result but it would be good to refresh a new.  Just forget your losses so that you can play normally.

[bitllionaire]

I think it is not wise to win back your losses.   It is already proven that the more you wanted to win back your winning, the more you have a chance to lose. Anyway we all know that it is a random result but it would be good to refresh a new.  Just forget your losses so that you can play normally.

But I think that one can try but upto a limit, while exceeding the limit you should forget your lost for today and should try to start from new opining from next day. Because if you will try to recover your lose again and again there are more chances that you will even lose more and more money, because no one know that either we will recover our previous lost or will make another lost.

[marcuslong]

This gross man you comoletely lose that straight in betting it is like you’ll gonna ley your money lose again if hou think or try to chase your loses just movement rest till your mind is free again dint atress your self too much ive been there too where i almost lost 1.9bitcoin when im trying si hard however its always our desicion if we olay or not.

[pauloaragaomelo]

I think it is not wise to win back your losses.   It is already proven that the more you wanted to win back your winning, the more you have a chance to lose. Anyway we all know that it is a random result but it would be good to refresh a new.  Just forget your losses so that you can play normally.

But I think that one can try but upto a limit, while exceeding the limit you should forget your lost for today and should try to start from new opining from next day. Because if you will try to recover your lose again and again there are more chances that you will even lose more and more money, because no one know that either we will recover our previous lost or will make another lost.

never try to avenge the losses, because sometimes we'll play with uncontrolled emotions and tend to lose more. I think it's better to refresh the brain and tried at other times, as I am sure we will definitely get the victory again.

[romero121]

I think it is not wise to win back your losses.   It is already proven that the more you wanted to win back your winning, the more you have a chance to lose. Anyway we all know that it is a random result but it would be good to refresh a new.  Just forget your losses so that you can play normally.

But I think that one can try but upto a limit, while exceeding the limit you should forget your lost for today and should try to start from new opining from next day. Because if you will try to recover your lose again and again there are more chances that you will even lose more and more money, because no one know that either we will recover our previous lost or will make another lost.

never try to avenge the losses, because sometimes we'll play with uncontrolled emotions and tend to lose more. I think it's better to refresh the brain and tried at other times, as I am sure we will definitely get the victory again.

As majority users suggested don't try to get back the losses. With gambling we need to play with our affordability that our living won't get affected at any point. Here very few succeeds in the retaining of the losses happening during to their mistakes and wrong thinking of making big money through gambling and in some cases the same attitude will lead towards addiction.

[Dreamchaser21]

This gross man you comoletely lose that straight in betting it is like you’ll gonna ley your money lose again if hou think or try to chase your loses just movement rest till your mind is free again dint atress your self too much ive been there too where i almost lost 1.9bitcoin when im trying si hard however its always our desicion if we olay or not.

This is the problem for every gambler try to chase the money they loss but still failed and loose big money. You should know when to stop for you not to loose big money. If you have your plan on this, that thing will never happen. Well it still your choice to chase it, but hey stop and move on, do better next time.

[mirakal]

If you can still afford to bet then go, if that will happen in my case and I still have the money I will always chase because that was very unlucky cold streaks, when you break that you will get your money and you will win in the end. However, always consider betting only what you can afford to lose in order not to regret your decision.

[BigTeeths]

Please don't do it. If you will do that, there's a huge possibility that your bets will just add up to all your losses. That is always what people thinks everytime they lose which is to win it back. It will not do good. I suggest you stop it because it will trap you if you will continue.

[DrGuns4Hands]

much better if you go for a off on gambling. because if you still try and try to win back your loss there's a big possibility that your money can be sweep out if you don't take an off on gambling maybe a month without gambling can make your mind peace. if you play gambling with a greediness feelings you can lose all your money. after a month try again and I hope that you have enough luck to win back your loss that time

[RealPhotoshoper]

If you can still afford to bet then go, if that will happen in my case and I still have the money I will always chase because that was very unlucky cold streaks, when you break that you will get your money and you will win in the end. However, always consider betting only what you can afford to lose in order not to regret your decision.

Chase it until you lost everything? Is that what are you trying to say?
Always better to stop right after you are in bad mood or in bad luck before things turn messed up.
Stop as you only lost 0.06 at least for now , gambling is always unexpected even you said the odds of losing 20 bets in a row should be 1 : 860 000 , you could still get another 20 losing streaks or even worse.