Hard earned money - Busted in seconds

[fzkto]

^

I have developed restrictions for myself by which I try not to gamble more than a couple of times a month and spend no more than $100 per game. In my opinion, such restrictions do not allow me to get used to gambling. I would, if I were you, reduce the number of visits to casinos because I think it is important in the fight against gambling addiction.

If a person has signs of gambling addiction, it will be very difficult for them to stick to this method. It would probably be impossible to visit a casino just once a month. Similarly, you could tell someone who invests in cryptocurrency or trades on exchange to look at exchange rates once a month. It is a habit that is almost impossible to break.

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[alegotardo]

Due to restriction in my country I would say I have not lost huge money till date in gambling. A decent or disciplined gambler must know when its the right time to stop otherwise he will keep on losing money. Its a universal fact whether we accept it or deny it.  Just keep an eye on your emotions and everything will be fine,

I would already say the opposite, because even though I live in a country where gambling is prohibited, that hasn't stopped me from losing good amounts of money in the past.
With the popularity of crypto-accepting casinos, it is very easy to circumvent these restrictions these days.
As you said yourself, the best way to not lose more money than you planned is to have control over your emotions.

[bitbollo]

Due to restriction in my country I would say I have not lost huge money till date in gambling. A decent or disciplined gambler must know when its the right time to stop otherwise he will keep on losing money. Its a universal fact whether we accept it or deny it.  Just keep an eye on your emotions and everything will be fine,

I would already say the opposite, because even though I live in a country where gambling is prohibited, that hasn't stopped me from losing good amounts of money in the past.
With the popularity of crypto-accepting casinos, it is very easy to circumvent these restrictions these days.
As you said yourself, the best way to not lose more money than you planned is to have control over your emotions.

Not only control over your emotions but have a clearly budget for such activity.
If you don't have a budget you can risk to over value your impulse and play without a strategy!
Having crypto available sometimes mean have some cash ready to be spent without limit (I mean there is not a control made by bank or anything else). It's always required to limit yourself, if you cannot done personally just use a cold wallet or try to "lock" your coins.
This is the only way to limit loss. 

[Coin_trader]

I was playing few seconds ago blackjack on blackjack.fun and nearly experience this kind of scenario. I was playing normally and mistakenly clicking the x2 bet instead the 20ubtc chip for increase of bet. I accidentally all-in my balance which is my 1 week salary in the signature campaign.

I got 17 while the dealer face up card  is an Ace so already loss hope and feel bad about my mistake. Luckily the card of the dealer is draw with me and manage to recover my mistake bet. Then I saw this thread and what a coincidence.  

[Fredomago]

That's what happens to gamblers because not all gamblers can open up and tell other people because, in some countries, gambling is considered nothing and will instead be given a negative impression.
So for those gamblers, keep their stories about gambling and don't share them with others.
It will be even more difficult if the gamblers are addicted because no one will know.

No matter where do we live, we should start to share our experience once gambling is started to be a "problem" in our life. If we keep it ourselves as a secret and no one knows, it is possible that it will become a bigger problem. If we share it to our close-friends or family, we may hear some opinions and hopefully to get a better solution to get rid of the problem.

The problem in gambling is not really that gambling alone, but the addiction that will mostly develop afterwards and ruin everything. And once the gambler starts to see it from himself, then he should not keep it and find solutions alone. While some friends cannot help, but there is family that is always ready to help and guide his gambling addiction. I just hope OP has learned his lesson now, and will find gambling more entertaining than being addictive. That is why gambling needs not a huge amount, but an amount you can only afford to lose but still give you self satisfaction.

An amount that you are willing to let go and not to keep bothering you each time you remember this kind of mistake, it's hard but better if you lose the money not big enough to let go, the case of OP is something that he will learn the Hardway, it will keep chasing him while he still in process of moving on.

Nothing can be done anymore, the money already inside the pocket of the casino owner. Either you will stop or you will

continue playing, but with moderation to avoid making another same mistake losing a huge amount of money.

[maydna]

I would already say the opposite, because even though I live in a country where gambling is prohibited, that hasn't stopped me from losing good amounts of money in the past.
With the popularity of crypto-accepting casinos, it is very easy to circumvent these restrictions these days.
As you said yourself, the best way to not lose more money than you planned is to have control over your emotions.

People who have played gambling can return to gambling again, especially if they have experienced winning money from gambling. Moreover, with the convenience of crypto, people can play gambling by buying some coins that they can immediately use to gamble.

Controlling your emotions is very necessary for everyone who plays gambling because that is the only thing they can do to reduce the number of losses.

[Boristhecat]

I was playing few seconds ago blackjack on blackjack.fun and nearly experience this kind of scenario. I was playing normally and mistakenly clicking the x2 bet instead the 20ubtc chip for increase of bet. I accidentally all-in my balance which is my 1 week salary in the signature campaign.

I got 17 while the dealer face up card  is an Ace so already loss hope and feel bad about my mistake. Luckily the card of the dealer is draw with me and manage to recover my mistake bet. Then I saw this thread and what a coincidence.  

In this thread Your epic fail experience in gambling a lot of players wrote about how they made a similar mistake - they accidentally clicked all-in and lost the entire deposit. It surprised me - how can you be so inattentive, but your case is another confirmation that this happens to many. You were lucky not to lose this bet. But real luck would be unexpected (for you) to double the deposit in this way.

[freedomgo]

That is only good if the people who surrounds these gamblers won't give a bad compliment or some negative comments in anyway because if that's the case then I won't be shocked if these gamblers are also not interested in sharing their problems and how deep already they are in terms of being an addict because they knew that they would just hear some unwanted comments instead of getting some help from them. That's how toxic our society in todays world

gamblers face it more often- but they are careful with what funds they are risking.
He risked his rental and bills money on the gambling. Which was a very bad mistake. Hope he has learnt through this mistake.

I seriously think that you don't understand, these gamblers are already addicted and they have dug quite deep enough for themselves because of the debts and unwanted losses but that's the risk they need to face as an addicted gambler. That is also the reason why they badly need help from the people who surround them, but getting some help in that position is not an easy thing to do.

People will always learn through their mistakes, the hard part is that we will just wait to learn it in a hard way when things are already risky.

People do mostly learn in the end or realize when they are experiencing hard situations that they haven't encountered or experience before that's why it would really come naturally on where we do learn and be aware on next time.

If you don't like to mess up your finances then you should be mindful on your spending because if not then you would really fall into the pit of addiction which might or likely result into unfortunate conditions.

Of course, regrets do come in last but even if they do know about that fact they still chose to go deaf and blind just to follow their addiction and gamble. In times of their biggest challenge, that's the time that they will realize that they've gone too far already and they have also affected the people surrounding them. Worse is that they're already too late to turn away from that mistakes they did.

[Cryptock]

Of course, regrets do come in last but even if they do know about that fact they still chose to go deaf and blind just to follow their addiction and gamble. In times of their biggest challenge, that's the time that they will realize that they've gone too far already and they have also affected the people surrounding them. Worse is that they're already too late to turn away from that mistakes they did.

Since gambling is illegal in our region and we have this thing always at the back of the mind. That we must keep this habit at arms length.
there are very serious law against gambling. But those who gamble - know that it very risky - its intense and can bring in some serious results.

[Newlifebtc]

Of course, regrets do come in last but even if they do know about that fact they still chose to go deaf and blind just to follow their addiction and gamble. In times of their biggest challenge, that's the time that they will realize that they've gone too far already and they have also affected the people surrounding them. Worse is that they're already too late to turn away from that mistakes they did.

Since gambling is illegal in our region and we have this thing always at the back of the mind. That we must keep this habit at arms length.
there are very serious law against gambling. But those who gamble - know that it very risky - its intense and can bring in some serious results.

This is not general to every country, gambling can illegal for your country but in my own country gambling is not illegal, in some places gambling is being legalize for people to make money, the place i will concentrates and put some point is risk, gambling is risk like any other things you know, if you are a gambler you don't have to use all you have a play gamble knowing that you can lose all at hand and that is the system of gambling

[Naficopa]

This is not general to every country, gambling can illegal for your country but in my own country gambling is not illegal, in some places gambling is being legalize for people to make money, the place i will concentrates and put some point is risk, gambling is risk like any other things you know, if you are a gambler you don't have to use all you have a play gamble knowing that you can lose all at hand and that is the system of gambling

I am unable to understand what point you have mentioned here.
Although gambling is not an easy thing to do. Gamblers have to learn how to play and how to solve the situation.
But for the people who are in the middle - either they have to play or not. For them gambling is a trouble and they sometime loose because they are stressed and guilty for playing casino.

[el kaka22]

The reason why this topic got to 20+ pages within under 1 month is the fact that there are tons of people who do this. I mean there are people who end up losing a lot of money so quickly that they did not even enjoyed the gambling bit first.

I have seen too many people who do martingale for example and got to 10+ losses on their first 500 attempts and that is like just half an hour or less. That means there are people who gambled less than 30 minutes and lost all of their deposits. This is unlucky of course, you could wager 500k times and not hit 10+ loss streak, or could play 11 times and have all of them be a loss as well. But, I believe that you should always wager with a small amount and prolong your gaming as much as possible.

[Tumanggor]

~

People who have played gambling can return to gambling again, especially if they have experienced winning money from gambling. Moreover, with the convenience of crypto, people can play gambling by buying some coins that they can immediately use to gamble.

Controlling your emotions is very necessary for everyone who plays gambling because that is the only thing they can do to reduce the number of losses.

usually like that, those who are used to gambling must have often lost or won and people like this will definitely get a win in the future

as long as emotions can be controlled properly then there will be no defeat that will be obtained because losing or winning can actually be obtained when gambling. Emotional control is important, always remember to stop when you win

[milewilda]

~

People who have played gambling can return to gambling again, especially if they have experienced winning money from gambling. Moreover, with the convenience of crypto, people can play gambling by buying some coins that they can immediately use to gamble.

Controlling your emotions is very necessary for everyone who plays gambling because that is the only thing they can do to reduce the number of losses.

usually like that, those who are used to gambling must have often lost or won and people like this will definitely get a win in the future

as long as emotions can be controlled properly then there will be no defeat that will be obtained because losing or winning can actually be obtained when gambling. Emotional control is important, always remember to stop when you win

Whenever you do tend to engage with gambling then be sure on what are your intent whether for pure entertainment or would be seeking out with profits/win/money because these kind of intents
or mindset will really be a trigger that kind of impulsive behavior on someone who do really expect something great from gambling activity.
If you do find yourself to be that emotional and wont able to have a good control of it then it would be wise if you do stop completely and never tend to
gamble once again because it would really be making some headaches later on.

[maydna]

usually like that, those who are used to gambling must have often lost or won and people like this will definitely get a win in the future

as long as emotions can be controlled properly then there will be no defeat that will be obtained because losing or winning can actually be obtained when gambling. Emotional control is important, always remember to stop when you win

If they have luck in the future, they can win and have a lot of money from gambling. But luck is rarely owned by gamblers because we know that luck will not come to everyone and only the chosen ones can get it.

But if they have emotional control, they can reduce the chances of losing to avoid a big loss.

[Kakmakr]

I think "greed" kick in when you manage to grind a good balance, so the moment when you have a bigger balance... you want to bet more per bet and that is how the house edge catch up to you. 

It has happened to me before too... I use the in-house games with the 1% and 2% house edge and I build up a decent balance and then I become greedy and I spend that balance on something with a much worst house edge with bigger bets and within minutes it is all gone. 

This is why "The House" always wins, because we are greedy. 

[YinShuiSiYuan]

This is why "The House" always wins, because we are greedy. 

There is universal consent that house (platofrm) is always the winner. The best approach is when you have decent balance just quit the game. But this is easy to say and almost impossible to implement. The house have there own tactics to call you back even if you are willing to quit.

[TopTort777]

I think it was not about greed, but about making wrong decisions and trying to achieve something quick and easy.

This is how I see romero121 loosing his balance: he has began to play and started loosing. Instead of stopping or trying to play back lost amount with several bets, he thought that if he bets more, then he would get back to starting balance quicker. Then he lost again. Then he has increased bet again and etc.  

[Mauser]

I was playing few seconds ago blackjack on blackjack.fun and nearly experience this kind of scenario. I was playing normally and mistakenly clicking the x2 bet instead the 20ubtc chip for increase of bet. I accidentally all-in my balance which is my 1 week salary in the signature campaign.

I got 17 while the dealer face up card  is an Ace so already loss hope and feel bad about my mistake. Luckily the card of the dealer is draw with me and manage to recover my mistake bet. Then I saw this thread and what a coincidence.  

That is really scary, at least you got lucky and managed to recover with a draw. Gambling goes so fast that it's almost impossible to correct mistakes. I have been in similar situations myself and know the feeling. One missclick can ruin our whole bankroll, that's why it's so important to play with a clear mind and be concentrated. Being drunk is probably the biggest risk we can take for ourselves when it comes to gambling. My two biggest gambling mistakes happened when being drunk, and I don't realise when it's time to better stop. That's why never drink and gamble at the same time.

[imamusma]

I think it was not about greed, but about making wrong decisions and trying to achieve something quick and easy.

This is how I see romero121 loosing his balance: he has began to play and started loosing. Instead of stopping or trying to play back lost amount with several bets, he thought that if he bets more, then he would get back to starting balance quicker. Then he lost again. Then he has increased bet again and etc.  

I agree with what you said, Romero121 wanted to reverse the loss in the wrong situation because he was being hit by emotions from the first defeat. this tends to make him lose concentration and do things unexpectedly. from this maybe we can draw good conclusions to manage financial management as well as possible so that future savings and cash do not disappear in seconds.