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Author Topic: Should I try to win back my loss?  (Read 4007 times)
wahb
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October 28, 2017, 11:01:23 PM
 #161

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.
Yes use I must try to win back all the lost bitcoins in the nest game. It is very necessary to maintain my wallet with some bitcoins/ losing my money means a dark future and winning means a bright future and for a bright I would need a lot of money and to make lot of money I must win not only my lost bitcoin but more than my own bitcoins. I will be mentally relaxed when I win more bitcoins.
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October 28, 2017, 11:02:17 PM
 #162

There you go! Right in the face of everyone telling you to cut your losses and move on.. Agreed martingale can be incredibly scary and cause you to tilt but if you got enough of a bankroll it's usually fine Cheesy.

You stopping with gambling all together or just restarting from here on?

I'm not stopping, I'll be gambling, just not Martingale
A sweet innocent 0.00001BTC bet turns into a 1BTC bet in a matter of seconds


Haha yeah Martingale is a real bitch and I've only ever tried it once or twice, did not like it and it swallowed my entire balance within minutes.. I believe there are a few other systems you could place but for me, I prefer just doing random shit and having fun.. if I win that's just a bonus Cheesy
Try try again but for wining with fear gambling need luck. 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.
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October 28, 2017, 11:26:02 PM
 #163

being a gambler do not set your mind for losses to get back again in fastest way to play agin gambling always set your mind playing gambling are fro fun not to get profits, because if your main goals get profits in gambling you i can't set also your limitation on the ideas your money become lost, wiining in gambling are the bonus being a player if you are lucky on that day you play.
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October 29, 2017, 01:41:19 AM
Last edit: October 30, 2017, 03:48:08 PM by eann014
 #164

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 fewer gambles are better.
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October 29, 2017, 02:51:59 AM
 #165

That's exactly the gamble you lose at the first difficult when you first hit the gamble so I thought you wanted to come.back for you to win
but it's hard because you know thats is not your day You do not have the game to lose a lot of money to come back someday you know. You're lucky to have this gamble. When I'm in love with losing me I'm not trying to beat me anymore
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October 29, 2017, 03:33:48 AM
 #166

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.

Actually you can retrieve back your losses by changing game method.

For example : I'm experience some losses on dice , my method 50% winning chance.
After a week, I change my method into 0.01% winning chance and guess what... ? I won 0.09 with 1000 sat/bet and ofcourse I'm on profit !
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October 29, 2017, 04:38:39 AM
 #167

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.

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October 29, 2017, 06:29:16 AM
 #168

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.

Thinking about it, to a certain point it could be ok to try and win back losses. But don't get too obsessed with it because what you're going to get would most likely be disappointment after disappointment. If you can't win it back in 1 or two tries, then leave it for another time.


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October 29, 2017, 07:37:15 AM
 #169

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
Its been a while since you posted this and I dont know if you have followed up and tried to make back the money lost. Let me tell you what I think about the situation. I think its about the mentality. If you try to chase back your losses, the odds that you lose more coins in the process is pretty high.  Chasing losses is never good, you will almost always end up risking more BTC than you ever initially planned to. I think its best to forget about your current loss and if you feel like gambling, then just gamble and keep a positive attitude and try to just end the session with some profits. As time goes by, you will end up making back the money. For the bankroll you've got, 0.06BTC should be insignificant. Just move on mate and gamble with only what you can afford to lose. Wish you the best. Smiley

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October 29, 2017, 08:29:36 AM
 #170

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 don't think that you should go for the Gambling at this site again to recover your loss Because this is the truth in the bitcoin field of gambling that you can't withdraw your btc back once you got loss .
Here my suggestion for you to make Gambling at another Gambling sister or casino Because here the site already find out that what the trick you were using and that will never results into loss for you.
Here you are not only one to get loss of 16 times but here I am the person who lost 1 btc at freebitco.in Because I also tried the same trick ( stretagy ) of gambling where I lost my bet 22 times continuously and finally I lost all of my btc and at the end I was with only 0.1btc .
Here my suggestion for you to make sports gambling at the nitrogensports or cloudbet with the same strategy , process will be slow but you will.make profit .

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October 29, 2017, 08:39:48 AM
 #171

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
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October 29, 2017, 08:51:10 AM
 #172

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
hoping that most of you review OP's capabilities before you replied here as he also have his owned thread giving free tips for sports games, i guess
he's just getting some good insight regarding to this question but for sure he already have something inside his mind if whatever he needed to do
in order to chase that loses.
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October 29, 2017, 01:39:40 PM
 #173

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
hoping that most of you review OP's capabilities before you replied here as he also have his owned thread giving free tips for sports games, i guess
he's just getting some good insight regarding to this question but for sure he already have something inside his mind if whatever he needed to do
in order to chase that loses.
[/quote
op is a heavyweight gambler,
we can learn a lot from him and may be able to ask some tips,
in order to minimize the defeat that we may suffer at this time, and for that maybe we need to trust some tips that will he give to us,
yes we are gamblers

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October 29, 2017, 01:52:27 PM
 #174

There you go! Right in the face of everyone telling you to cut your losses and move on.. Agreed martingale can be incredibly scary and cause you to tilt but if you got enough of a bankroll it's usually fine Cheesy.

You stopping with gambling all together or just restarting from here on?

I'm not stopping, I'll be gambling, just not Martingale
A sweet innocent 0.00001BTC bet turns into a 1BTC bet in a matter of seconds


Haha yeah Martingale is a real bitch and I've only ever tried it once or twice, did not like it and it swallowed my entire balance within minutes.. I believe there are a few other systems you could place but for me, I prefer just doing random shit and having fun.. if I win that's just a bonus Cheesy
Try try again but for wining with fear gambling need luck. 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.
Indeed you could make it if you have enough luck but what if you haven't? If you wanted to win back from your losses from gambling then try to avoid gambling and try another way to earn because I do believe that gambling isn't a good way to earn profit, its just for fun.
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October 29, 2017, 01:58:13 PM
 #175

I would say never try to win back your loss.Because it will make you lose again and again.That's why gambling is dangerous.I tried to win back my loss and got empty hand again.So I will advice all gamblers that never try to win back you loss,just let it go.And never become greedy while gambling, because it will only make you empty hand.

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October 29, 2017, 02:59:28 PM
 #176

If you lost too much money, i think you should take a break. Trying to win your money back can make you loose even more and you will find yourself in a hard situation. I had a similar situation before and that was my decision. Taking a break is really helpful. You can check your strategies that you follow and try to improve them.

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October 29, 2017, 03:24:44 PM
 #177

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.

Actually you can retrieve back your losses by changing game method.

For example : I'm experience some losses on dice , my method 50% winning chance.
After a week, I change my method into 0.01% winning chance and guess what... ? I won 0.09 with 1000 sat/bet and ofcourse I'm on profit !
you are just lucky I guess many people has already tried that  method including me however I've never even won  a single satoshi on that game even if  I already changed the seed several time I ended up losing my bitcoins , if you want some tricks to lose your bicoins slowly the  try this method
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October 29, 2017, 04:00:27 PM
 #178

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.

 
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upsidedown75
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October 30, 2017, 08:02:45 AM
 #179

Ha ha, not today old friend. its better i go far away the gambling table when I lost a lot of money. because if I go back, maybe I will lose more of my money.
I think you are a wise person who have determined so earlier the reality of this gambling. You are not allowed to win many times ultimately a race of losses are written for you when even you play game. It is obvious and the experts in gambling often said this, winning ratio in gambling is just like an attractive women sitting in reception of any office. Loss is the main game for you.
LOL! I like your example and the intensity of reality shown by it. Indeed, chances of losing money in gambling are far higher than winning and that is why thinking about recouping the loss is a stupid thought. If it was possible to win money in gambling then there won’t come such a situation of money recovery at the first place. Gambling is a very dangerous and risky game. At least I don’t dare to challenge or test my lady luck. I believe in my arms.
chris200x9
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October 30, 2017, 08:12:41 AM
 #180

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.
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