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Author Topic: Worst Day of My LIFE - Dice  (Read 1435 times)
Duzter (OP)
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October 20, 2019, 01:22:00 AM
 #1

Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering. Cry

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October 20, 2019, 01:36:01 AM
 #2

All you can do is learn from your mistakes. Don't beat yourself up too much.
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October 20, 2019, 02:27:09 AM
Last edit: October 20, 2019, 02:50:50 AM by acroman08
 #3

your first mistake was borrowing money just to gamble, your second is you're not mentally prepared for the situation(which most gamblers are).
the third is you used it to gamble and want easy money and repay your debt to your friend in which went horribly wrong. I'm not even remotely sorry
for what happened to you(sorry for the harsh words) but you need to learn that the lesson.

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October 20, 2019, 02:36:53 AM
 #4

Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering. Cry

I can feel you mate, been in that situations many times in the past. Borrow money or went to a pawnshop for my gold bracelet, feeling lucky go on a landbased casino, started to win and feel good and invincible, but suddenly the tide has turn and I don't have any control anymore because my judgement is clouded.

Learn my lessons in a hard way and very expensive to say the least. Now, I don't gamble that much, just play to have some fun and of course bring money that I can afford to lose and that's it. If I won, then good, if not I can still it over and not think about that money.

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October 20, 2019, 02:38:41 AM
 #5

Know that gambling is not a solution for financial problems. It is riskier when we play than we though. Gambling with borrowed money or to repay debt doesn't guaranteed that you will win and be able to return it back no matter how skilled you are.  I guess you know all this things now since you experienced it. I hope it will enlighten many gamblers from this situation of yours.

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October 20, 2019, 02:41:53 AM
 #6

You shouldn't have tried to borrow mate. I know the feeling though. The moment where you just keep rolling and rolling and doubling your bets without a care in the world. I doubt many gamblers havent felt that feeling, but I certainly have. Though it really is a bad habit to have not gonna lie. If you ever plan to borrow, at the very least, prepare something to fall back on. At least, you wouldn't be at this point where ur burried in debts and having a hard time.

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October 20, 2019, 03:33:01 AM
 #7

Hell, I can't believe someone borrowing money to gamble. This is too stupid decision. Never gamble anything which you can't afford to lose.
I was having good profit from dice last week but yesterday I have lost a big amount as well. Dice is very risky way to generate money.



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October 20, 2019, 03:57:23 AM
 #8

I'm really sorry to hear that bro. But you understood when you have still time. You have lost only a few hundred bucks, there are people who due to their gambling addictions, lost their entire fortune and family. It's never a good idea to take loans to gamble either way. Gambling should be treated as an entertainment, nothing more!
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October 20, 2019, 04:55:05 AM
 #9

I’d love to laugh you in the face but I guess I’m not in the mood for that. You seem to have followed the Martingale betting strategy on dice chasing on losses after losses. Apparently that’s a flawed system and that would not work, even on provably-fair games/platforms, this wouldn’t work. You may have doubled or even tripled your money on sports betting and/or card games such as poker, and that might even help you get the win that you need.

I’m not sorry for your loss, though consider this an experience gained with a huge price to pay.

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October 20, 2019, 05:42:01 AM
 #10

Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering. Cry

Why did you borrowed the money ? You want to play gamble and get profit from it ?
You should know gambling is the most uncertain game and in most cases it will give you loses. Now you will have to do some other work and repay this loan. It is better that you do not go for short cuts in life.



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magneto
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October 20, 2019, 05:50:11 AM
 #11

Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering. Cry

I'm not sure if you're aware of the fact that martingale only works if you have an infinite bankroll. And that only exists in theory.

So don't believe anyone who touts you martingale or a version of martingale as a viable profit making opportunity. It's not. Each bet you do is still -EV at the end of the day due to the house edge in dice, which is low in comparison to other games, but is still there.

I suggest you look for help. You have an addiction it seems like, and I've personally been through the same stuff. Talk to a counsellor, there's online ones available.
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October 20, 2019, 05:55:45 AM
 #12

LOL Well you are part of a signature campaign, I guess you will have to work hard for it to repay a friend. Or you can gamble again and hope for the best. You'd gonna have to give a believable story to your friend to give you a grace period. Hope you won't end up losing this valuable friendship, having a friend ready to loan $1600 is hard to find.


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noormcs5
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October 20, 2019, 06:02:44 AM
 #13

LOL Well you are part of a signature campaign, I guess you will have to work hard for it to repay a friend. Or you can gamble again and hope for the best. You'd gonna have to give a believable story to your friend to give you a grace period. Hope you won't end up losing this valuable friendship, having a friend ready to loan $1600 is hard to find.



Even the old gamblers could not control their emotions in gambling. OP did not want to accept the small loss and he tried again and again with a hope that he will get a winning streak but it did not happen for him. This is his own mistake and he will have to bear the consequences.

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October 20, 2019, 06:19:16 AM
Last edit: October 20, 2019, 06:46:39 AM by akhjob
 #14

Quote
Worst Day of My LIFE - Dice
OP, Looks like this loss is nothing to do with a bad day.  Looks like you did a lot of mistakes here. Have you heard of this Chinese proverb?

"If you must play, decide upon three things at the start: the rules of the game, the stakes, and the quitting time."

First of all, you shouldn't have borrowed money to Gamble. You should always gamble with what you have extra and afford to lose. Next, you shouldn't have used the Martingale strategy on Dice. That's a dumb decision to do. Martingale strategy on dice may give good returns in shorter format but in the long run, will end up in hefty loss. Third, you didn't know when to quit. You should have quited when you made 200$ or when you had a small loss. Forth, you let your emotions play. Never let your emotions to play while gambling.

Lastly, don't take target's advice, find a better way to pay back your friend.

LOL Well you are part of a signature campaign, I guess you will have to work hard for it to repay a friend. Or you can gamble again and hope for the best. You'd gonna have to give a believable story to your friend to give you a grace period. Hope you won't end up losing this valuable friendship, having a friend ready to loan $1600 is hard to find.
Suggesting to clear a gambling debt with more gambling! What is wrong with you?  What if he loses again?
JeromeTash
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October 20, 2019, 06:37:38 AM
 #15

So sorry about your situation bud. I can completely relate to what you went through because it happened to me some 10 years back when i just got to learn about gambling.
Just like trading, one learns from past mistakes and tries to better themselves. Once, you let emotions take control of you. You are bound to make mistakes which consequently lead to more loses

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target
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October 20, 2019, 06:40:16 AM
 #16

Quote
Worst Day of My LIFE - Dice
OP, Looks like this loss is nothing to do with a bad day.  Looks like you did a lot of mistakes here. Have you heard of this Chinese proverb?

"If you must play, decide upon three things at the start: the rules of the game, the stakes, and the quitting time."

First of all, you shouldn't have borrowed money to Gamble. You should always gamble with what you have extra and afford to lose. Next, you shouldn't have used the Martingale strategy on Dice. That's a dumb decision to do. Martingale strategy on dice may give good returns in shorter format but in the long run, will end up in hefty loss. Third, you didn't know when to quit. You should have quited when you made 200$ or when you had a small loss. Forth, you let your emotions play. Never let your emotions to play while gambling.

Lastly, don't take target link's advice, find a better way to pay back your friend.

LOL Well you are part of a signature campaign, I guess you will have to work hard for it to repay a friend. Or you can gamble again and hope for the best. You'd gonna have to give a believable story to your friend to give you a grace period. Hope you won't end up losing this valuable friendship, having a friend ready to loan $1600 is hard to find.
Suggesting to clear a gambling debt with more gambling! What is wrong with you?  What if he loses again?

Don't judge me, I ain't judging you giving him a strategy on how to play. What I just told him is just an option to what he could do. But in the end I'm still concern how it would be for him and his friend to come to terms with this loan and I truly hope he can repay his friend. Believe it or not there is no way we can stop him from betting especially because he also stays in crypto where gambling is usual. It all depends to him so take a deep breath and relax.



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mindrust
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October 20, 2019, 06:43:17 AM
 #17

This is the typical story of a gambling addict. I think you need serious treatment to get rid of that habit. Gambling is cool as long as you don't overdo it but borrowing money to play? Bruh that's insane. Yiu haven't only burned yourself but somebody else too now.

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October 20, 2019, 06:45:03 AM
 #18

Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering. Cry
The most stupid way to engaged in gambling is if you are borrowing money from others just to try luck and beat the bankers/House how can you even win when from the start you are already lose,imagine that you borrow money of course with collateral.

But sometimes we need to experience big mistakes before realizing what we are doing is wrong and not you already have a basis to not letting this happen again,stop gambling if you have extra money to play for

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October 20, 2019, 06:55:08 AM
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 #19

LOL Well you are part of a signature campaign, I guess you will have to work hard for it to repay a friend. Or you can gamble again and hope for the best. You'd gonna have to give a believable story to your friend to give you a grace period. Hope you won't end up losing this valuable friendship, having a friend ready to loan $1600 is hard to find.
Suggesting to clear a gambling debt with more gambling! What is wrong with you? What if he loses again?
Don't judge me, I ain't judging you giving him a strategy on how to play. What I just told him is just an option to what he could do. But in the end I'm still concern how it would be for him and his friend to come to terms with this loan and I truly hope he can repay his friend. Believe it or not there is no way we can stop him from betting especially because he also stays in crypto where gambling is usual. It all depends to him so take a deep breath and relax.


Okay, I'm not judging you. Edited my previous post. But, I don't think that suggesting a Gambling addict to cover up the losses by gambling more is concerned advice.
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October 20, 2019, 07:09:45 AM
 #20

You did several mistakes here.
The first and the main mistake is getting loan to gamble, this is very bad mistake. I have no idea why you did it.
Second mistake, you have reached $200 but you continue gambling because you are unable to control yourself.
It is happened already then you should take it as an expensive lesson learned and do your responsibility to pay the loan.

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