Karonack (OP)
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December 27, 2018, 05:49:26 AM Last edit: December 27, 2018, 06:10:23 AM by Karonack |
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All started when i deposit $300 today and start with small best $50 $60 etc I always play for %50-60% chance. i had nice luck and turned it into $500 .thenI was thinking I'm unbeatable and bet %70 chance on $500 and made around $840
Then i was planning to do the last bet and bet and I bet %70 on my $840 balance and lost everything. :/
After i was in real down but i was still positive cause i had $1200 on my Bitcoin wallet.
I wanted to make big profit and get back all the lost and never play again.
and did it %50 chance on $1200 balance and lost everything :/
what a shitty die i want to die :/
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nutildah
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Merit: 8544
Happy 10th Birthday to Dogeparty!
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December 27, 2018, 05:57:37 AM |
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Phew buddy. That's a pretty awful Christmas story and I'm sad to hear it.
Just FYI, $50 isn't a "small bet." 100 satoshis is a small bet.
I would definitely place you in the "high roller" category, though I know not everybody feels the same.
Sounds like you're addicted to the thrill, may want to lay off it for a while. By your descriptions of things I'd say its probably not the end of the road for you. So keep your chin up.
And consider taking up drinking, its far less expensive!
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adaseb
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Activity: 3878
Merit: 1733
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December 27, 2018, 06:33:36 AM |
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When I first read your topic I was assuming this was going to be another lost deposit or frozen withdraw.
However, it doesn't look like PD did anything wrong. You just took a gamble, at first you won alot , and then you lost alot.
This is why its called gambling because there is a risk to win big or lose big.
Sorry for your losses, next time try and bet less or take profit from time to time.
Good luck
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semobo
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December 27, 2018, 07:06:15 AM |
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All started when i deposit $300 today and start with small best $50 $60 etc I always play for %50-60% chance. i had nice luck and turned it into $500 .thenI was thinking I'm unbeatable and bet %70 chance on $500 and made around $840
Then i was planning to do the last bet and bet and I bet %70 on my $840 balance and lost everything. :/
After i was in real down but i was still positive cause i had $1200 on my Bitcoin wallet.
I wanted to make big profit and get back all the lost and never play again.
and did it %50 chance on $1200 balance and lost everything :/
what a shitty die i want to die :/
This is gambling,this why people saying you need to be aware while gambling,this is why people saying you need to control your greed. If not then stories like this will happen,you might have moved with that $500 profit.
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livingfree
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December 27, 2018, 07:50:36 AM |
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Sorry about your losses but you need to embrace that and learn from your experience. Don't be too greedy when you are winning and don't be too confident that you'll never loss once you started to have a winning streak.
Set aside percentage of your profit so you can still keep on moving with the excess profit you made. And once those excess lost, you need to get out of it and take out your profits so you can sit and relax thinking on how much you made. Don't regret that you've lost some of those profits, what's important is you made profit + capital's back.
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TechComputer
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Activity: 560
Merit: 10
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December 27, 2018, 07:56:25 AM |
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That's why you must set up a strategy and calm down once you win, and put your profit target. Greed is always upon you once you win and keep in mind that gambling is not money multiplier. If you win big you're just wanted to bet more especially if you don't have any profit target
Since the topic is not related to a gambling website or promoting yours, better to move this to the Gambling Discussion board. Reported to the moderator though.
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BitcoinGirl.Club
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Merit: 2783
Bitcoingirl 2 joined us 💓
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December 27, 2018, 09:49:57 AM |
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Then i was planning to do the last bet and bet and I bet %70 on my $840 balance and lost everything. :/
Pretty much common story. These are the common metal state of a gambler until they lose everything. Mistake one: You should have stop for the day once you won 500$. You had $200 nice profit. Mistake two: You should have stop for the day when you made $840 from that first mistake. Your total profit was $540! Mistake three: You should have stop betting for the day when you lost all. You could have a lose of $300 only. and did it %50 chance on $1200 balance and lost everything :/ This is the result of your third mistake. All together you lost $1500. My suggestion: Do not chase the lose. Stop betting right(!) now unless you do it for fun. If you chase the money you lost then some day you will discover that you have literally nothing left. Bookies always win. For them this is a business and no one start a business to count lose.
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bitcoinisbest
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December 27, 2018, 10:02:59 AM |
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This is really sorry state of your and I am sure such thing would happen to many here who gamble for money. Also greed is something if you cannot control you would end up losing the money rather than making the money and this is what exactly has happened to you as well. Now forget about the lost amount and work on something else so that you are no more upset with this situation.
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Betwrong
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I stand with Ukraine.
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December 27, 2018, 12:17:41 PM |
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All started when i deposit $300 today and start with small best $50 $60 etc I always play for %50-60% chance. i had nice luck and turned it into $500 .thenI was thinking I'm unbeatable and bet %70 chance on $500 and made around $840
Then i was planning to do the last bet and bet and I bet %70 on my $840 balance and lost everything. :/
After i was in real down but i was still positive cause i had $1200 on my Bitcoin wallet.
I wanted to make big profit and get back all the lost and never play again.
and did it %50 chance on $1200 balance and lost everything :/
what a shitty die i want to die :/
I'm sorry you lost that much in one day, but judging from your post I hope that it wasn't all your money. As @nutildah has pointed out, $50 is not a small bet(for me it definitely isn't), so if you call it small maybe for you it is, and you actually can afford losing $1,200 once in a while.(?) Anyway, for the future, what you was doing in the end is called "chasing your losses", and it is not recommended to do this, because usually it just leads to bigger losses.
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s0lidus
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Activity: 964
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CryptoGames: Revamped Games, Multiple Coins
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December 27, 2018, 12:36:53 PM |
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All started when i deposit $300 today and start with small best $50 $60 etc I always play for %50-60% chance. i had nice luck and turned it into $500 .thenI was thinking I'm unbeatable and bet %70 chance on $500 and made around $840
Then i was planning to do the last bet and bet and I bet %70 on my $840 balance and lost everything. :/
After i was in real down but i was still positive cause i had $1200 on my Bitcoin wallet.
I wanted to make big profit and get back all the lost and never play again.
and did it %50 chance on $1200 balance and lost everything :/
what a shitty die i want to die :/
Greed happens to most gamblers, but let this be a valuable lesson: don't gamble what you can't afford to lose. Besides that, why didn't you play the same way like you started with the $300? All you needed to recover to break even was that $300, because the rest you "lost" was profit. In the end you didn't lose $2000, but $1500, because greed caught you and you tried to recover more than you actually lost.
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zupdawg
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December 27, 2018, 12:46:14 PM |
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All started when i deposit $300 today and start with small best $50 $60 etc I always play for %50-60% chance. i had nice luck and turned it into $500 .thenI was thinking I'm unbeatable and bet %70 chance on $500 and made around $840
Then i was planning to do the last bet and bet and I bet %70 on my $840 balance and lost everything. :/
After i was in real down but i was still positive cause i had $1200 on my Bitcoin wallet.
I wanted to make big profit and get back all the lost and never play again.
and did it %50 chance on $1200 balance and lost everything :/
what a shitty die i want to die :/
I feel sorry for you buddy but thats how gambling works exactly specially in a luck based games where the house always win as most people say. Chasing losses is not a very good idea, it happened to me few times and all of those times it ended me losing big part of my saved money
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NeuroticFish
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December 27, 2018, 01:45:40 PM |
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and did it %50 chance on $1200 balance and lost everything :/
Tough luck man, shame it started so well, but you pushed your luck too much with higher and higher risk. If you would have won, you would have been so happy maybe you wouldn't even bother to share the story. If 1200-1500$ are too big amounts to lose, next time keep it at smaller amounts and be more careful. I wish you more luck next year. And I give you an advice: don't chase the recovery of that money, instead try to play as usual, else you may continue to face bad surprises.
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swogerino
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Bitcoin Casino Est. 2013
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December 27, 2018, 02:59:25 PM |
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People who want to make a quick buck through gambling rarely do achieve their goal. The problem is because dice are computer controlled games and you are playing a computer controlled game who in the end is programmed to make the casino house win and not the player.
This I want to die feeling will go away within three days at maximum.
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panjul07
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December 27, 2018, 04:15:19 PM |
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Just another story of greedy people who want to make quick money but ended with losing all they have on their wallet. I'm so surprised to see this story again and again in this gambling history although they are so many other examples of similar condition. People should learn from other's experiences as well, not only winning experiences but also losing experiences.
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Caladonian
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December 27, 2018, 05:52:59 PM |
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Just another story of greedy people who want to make quick money but ended with losing all they have on their wallet. I'm so surprised to see this story again and again in this gambling history although they are so many other examples of similar condition. People should learn from other's experiences as well, not only winning experiences but also losing experiences.
OP should learn from this bad experienced, there's nothing to expect when you can't control your emotions, you will keep suffering from the same problem, there's a lots of same stories back then and I do have my own version of it, but I've already learn from it and workout for my own benefits, losing is so stressful and hard to overcome right away, OP needs to keep himself busy and stay away for awhile from his device or else he will just keep trying to win it back from time to time.
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Alone055
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December 27, 2018, 06:07:30 PM |
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I'm sorry to hear that. Probably, if I was you, I would have withdrawn my initial deposited amount, which in your case was $300, when I had reached a grand total of $840. Or, if I would become greedy too, since I'm a human like you and it is in our nature that when we have some, we want more, so if I would bet and lose the $840 grand total and had to deposit my remaining balance for the recovery, I would play it a little bit safe, maybe bet all with 90% winning chances which would still generate $120 per winning bet for me since my bidding capital is $1200 and 1.1x of $1200 = $120. Once I would recover what I lost from my own money, beside the profits, I would come back to the normal betting. Though I know that gambling is pure risk and there are chances of losing even if you bet with 99% winning chances, but sometimes you need to at least lessen the risk and try to recover your loss calmly rather than being in a hurry.
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The Cryptovator
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Signature space for rent
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December 27, 2018, 06:33:00 PM |
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I wanted to make big profit and get back all the lost and never play again.
In my opinion you was luck but your greedy nature turn you to bad luck. Sorry for your loss but we can't do anything for you. At least you should withdrawal your capital once you are on profit. But your intention was to be rich a night which is the reason of your loss. Same as on your real life, much greedy through us to much loss. Especially on online gambling you should always take care of your capital. You won three times it does not mean you will win always. You should take a little break to get fresh breath before play again and again. However whatever gone it will never back. Don't be hopeless and don't be much greedy. Try again and again until your success.
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hahay
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December 27, 2018, 06:45:10 PM |
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Just another story of greedy people who want to make quick money but ended with losing all they have on their wallet. I'm so surprised to see this story again and again in this gambling history although they are so many other examples of similar condition. People should learn from other's experiences as well, not only winning experiences but also losing experiences.
Agree, greedy people will have difficulty controlling their emotions. In gambling, the most important thing is to control your emotions as best you can so that greed does not overtake you, if greed has mastered you then you will only receive a very bitter loss. At least if you are able to control emotions well, then even if you are not lucky, then you will realize to stop and try on another occasion.
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Naida_BR
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December 27, 2018, 07:09:03 PM |
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All started when i deposit $300 today and start with small best $50 $60 etc I always play for %50-60% chance. i had nice luck and turned it into $500 .thenI was thinking I'm unbeatable and bet %70 chance on $500 and made around $840
Then i was planning to do the last bet and bet and I bet %70 on my $840 balance and lost everything. :/
After i was in real down but i was still positive cause i had $1200 on my Bitcoin wallet.
I wanted to make big profit and get back all the lost and never play again.
and did it %50 chance on $1200 balance and lost everything :/
what a shitty die i want to die :/
I totally feel you. This is what I did the first time I did gamble in a dice game. I started with little money and luckily, as you did, I was winning in the beginning. I managed to reach my deposit x400 playing 50%-50% over under in dice. I thought that this would be my opportunity to be rich! But after rolling and rolling I started losing and I couldn't believe that I am losing. So, I deposited more money to cover my losses but guess what... I lost again. This was a great lesson for me and now I gamble in a more prudent way with little money. You will see that when you will work to get the amount of money that you already lost. They come hard but they are leaving easy and fast.
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Barcode_
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Join the world-leading crypto sportsbook NOW!
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December 27, 2018, 07:31:14 PM |
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I think the OP tried to push his luck too far after I read his story, he should have stop himself from playing on the site once he managed to earn a few hundred dollars of profit, but I guess the desire to win more money from gambling have caused him to keep on playing, and he even deposit more money to try and recover his losses but it ends up in a bad way and he have lost everything, this shows that it is never a good idea for players to start chasing losses in gambling as there is a high chance to lose more money away to the casino.
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