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Author Topic: Hard earned money - Busted in seconds  (Read 3637 times)
joeperry
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May 01, 2022, 12:26:35 PM
 #81

That was really sad to hear, sometimes you really can get tempted by the gambling for easy money but we haven't consider easy lose too. I hope this could be a lesson to you and I hope the next time you should set a limit or pay first the debt before playing and don't think of gambling to double your money I can make sure that it is not based on my experience, especially if the money is really important.


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May 01, 2022, 01:03:18 PM
 #82

It is a risk in gambling that every gambler should be aware of. We can win easily but also lose in just a few minutes. If @OP can win up to $98 in a few spins and still keep playing, that means giving up on getting more money to pay attention to, and next time if you already win money like that, you better stop immediately. One more lesson that @OP learned, and it's a valuable lesson.
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May 01, 2022, 05:30:18 PM
 #83

I see that the OP after a short pause returned and began to write messages. It's good that everything is fine with him. I hope he will be able to quickly forget this event (not in terms of a lesson learned, but in terms of a bad mood) and maybe answer some questions that were asked to him in this thread.

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May 01, 2022, 05:53:40 PM
 #84

It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad
What a pity mate, sorry for the loss. I know how you feel losing such an amount of dollars just like that without betting with what you can afford to lose. Betting has a spirit that is not easily to control except through discipline and consistent withdrawal of profit from the gambling portfolio. I have lose more than that in gambling and the reason is not because of greed or selfishness but mere self control.

The problem comes from when you are having consistent winning, you may be tricked to put good fund to win more profit but in reality, things doesn't work like that. Gambling has a spirit that always make us optimistic about our next betting. Even though we are losing, we always have that mindset that the next game will be a winning.









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May 01, 2022, 06:18:54 PM
 #85

man this is a very complicated situation, I'm not a casino player (roulette games, blackjack out there... ) I'm more inclined towards sports betting so I don't know how far you can have a strategy for this game in that you were playing to the point where you lost everything you had. but you have to think about the following:

1 - How much money have you deposited in the casino since your first day of gambling?

2 - How much money have you withdrawn from the casino since your first day of gambling?

3 - How much money have you lost since the first day you started gambling?

It is necessary to make this assessment to be able to know if you have already won more than you have already lost, only then will you know if with the loss of that 98$ you are having losses or not. when analyzing only the present, you can fall into the mistake of thinking that you are in losses of 98$ when actually looking at a longer period of time, you are in profit. I think about what I wrote

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May 01, 2022, 06:40:17 PM
 #86

I see that the OP after a short pause returned and began to write messages. It's good that everything is fine with him. I hope he will be able to quickly forget this event (not in terms of a lesson learned, but in terms of a bad mood) and maybe answer some questions that were asked to him in this thread.

That's a good sign that somewhat he is bouncing back around and have recovered mentally from those losses.

Same for me, at least 24 hours after a devastating lost, I was able to recuperate, have a good sleep and be back as normal. Maybe for some, it might take some time specially if it is a huge money that you have lost.

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May 01, 2022, 06:52:34 PM
 #87

the question is why did he gamble it if it's meant for someone as payment?  there were lots of stories like this in the past where someone took a loan to pay for a loan but instead gamble the money and lose. he instead has to person to pay. a movie like "SHARK TALE" is one of it where he asks for money from his girl to pay a loan shark but then he took a chance in a horse race. lose the bet.

sounds like a gambling problem. one solution for this is to sell his priced possession, we all have priced possession to pay the debt.
I didn't know that even a situation like this have now its own movie, that's cool but maybe they made one so that people can get a lesson with it? Watching this movie makes them avoid doing these things in the future. Kudos to the creators of that film but what could be the OP's goal on why he post this? Does he want to get a sympathy from the public?

And maybe ask for some donations but he is only afraid to say it. He should be honest and say it if I were him. I know some users won't give anything because they think it was the OP's fault but I believe that there are still users here that are kind enough to help as some of them have been in the same situation before.

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May 01, 2022, 06:53:33 PM
 #88

It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high.
Gambling is a game of chance which has seen the best probability systems fail because the house always wins, but it's all about pushing your luck you can never know when you win a roll of good hands.

Quote
Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss.
I know the feeling mate, I guess it's one of the reasons people have developed bots to gamble on your behalf to eliminate emotions in your game play.


It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad
Truth be told,gambling and debt never tag along because emotions come in as first priority which work against you in the long term.

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May 01, 2022, 06:53:54 PM
 #89

It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad
That's why we call it as gambling and many people afraid of losing in such way, when we say we can't control then there is no real solution because only we can control of our actions and be ready to face the reactions. Atleast from now on don't take a gamble with the money you need or atleast stop doing it when you lose 10 to 20% of what you have in the wallet.









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May 01, 2022, 07:24:35 PM
 #90

3$ - hard earned money? And busted at $98 ? If you really worked hard to get these 3 dollars, why dont you stopped when you had, lets say 15$ ? Your greed lead to obvious result. You cant win always. If you hadnt lost at 98$, you could have lost at 99$, or 100$ or at even bigger summer. You should have controlled your emotions better.

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May 01, 2022, 07:33:25 PM
 #91

3$ - hard earned money? And busted at $98 ? If you really worked hard to get these 3 dollars, why dont you stopped when you had, lets say 15$ ? Your greed lead to obvious result. You cant win always. If you hadnt lost at 98$, you could have lost at 99$, or 100$ or at even bigger summer. You should have controlled your emotions better.

You can read again the OP's post. He started with $3 bet not that he had $3 hard-earned money. I have the feeling that the hard-earned money was from his sig campaign. So for about 2 months of sig payment as a legendary member. That's not bad for his bankroll in betting. But unfortunately, he got busted and now, he doesn't have the money to repay for his debt. This shows that in gambling, you really have no assurance if you will be in luck or not. Better keep the money if you have something to pay, at least secure it. And then, just play with your extra.
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May 01, 2022, 08:32:26 PM
 #92

3$ - hard earned money? And busted at $98 ? If you really worked hard to get these 3 dollars, why dont you stopped when you had, lets say 15$ ? Your greed lead to obvious result. You cant win always. If you hadnt lost at 98$, you could have lost at 99$, or 100$ or at even bigger summer. You should have controlled your emotions better.
He started with a small bet and while in game, he increases his bet until he lose everything. He becomes greedy while gambling and most probably, let his own emotion control his decision which is not good if you’re into gambling. Losing is normal in gambling, but if you don’t have the money for gambling better not to gamble at all.
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May 01, 2022, 08:44:45 PM
 #93

3$ - hard earned money? And busted at $98 ? If you really worked hard to get these 3 dollars, why dont you stopped when you had, lets say 15$ ? Your greed lead to obvious result. You cant win always. If you hadnt lost at 98$, you could have lost at 99$, or 100$ or at even bigger summer. You should have controlled your emotions better.
He started with a small bet and while in game, he increases his bet until he lose everything. He becomes greedy while gambling and most probably, let his own emotion control his decision which is not good if you’re into gambling. Losing is normal in gambling, but if you don’t have the money for gambling better not to gamble at all.
Being impulsive is never been good when you are playing gambling yet these kind of reactions would really cost you big and this is the thing you should really be aware off when you are playing gambling.

If you do find yourself to be that emotional or highly reactive then its better to stop completely than on losing all of your hard earned money which supposedly to be used into more
important or worth rather than spending for leisure.It is really that dangerous if you are a type of person which is impulsive and since we do give importance on money
then those are just common reactions.
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May 01, 2022, 08:54:27 PM
 #94

It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad
I guess you must be aware about the consequences of your action while you continue to gamble, and now its time for you to think of a solution on how to repay your debt. Gambling is only good if you can gamble with an amount you can afford to lose, but if you go beyond that and become uncontrolled, that will be the start of your life's misery. Well, since there's nothing you can do about that, but to save money again to repay your debt, i guess this time take a break from gambling first so you won't be tempted again losing all your hard earned money.

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May 01, 2022, 10:31:09 PM
 #95

Since you have lost the fund, I don't think their is something you can do now to retrieve the fund back. You need to learn a big lesson here so you have prevent further possible mistake against. Most gamblers had made this kind of mistake multiple time and still continues. You need to watch the rate you gamble and always withdraw your fund to prevent lossing everything. Others gamblers who had not made this kind of mistake will take correction from yours.

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May 01, 2022, 10:59:54 PM
 #96

It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad
What do you mean by "every bets were placed to roll above 20" ? You mean odds were about @20? it's very high actually and you've made a big mistake to place bets of $3 with such a small bankroll.You can get losing streaks of more than 10 rolls in a row with odds @2.0 then you could imagine the length of a losing streak of @20 odds.

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May 01, 2022, 11:08:16 PM
 #97

You have realized the mistake, but as humans we cannot control something that can indeed give so much with such a small capital. Everyone knows regret always comes late, but not everyone wants to realize it before losing everything. For people whose finances are only sufficient, it is very regretful when they have won and then lost again until they are empty. Now do good financial management, don't let the minutes take all your money. value your money, so your money can work for you. And invest your money where it's less risky.

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May 01, 2022, 11:15:31 PM
 #98

Whatever gambling you do, you must be able to control it even if it is difficult. I often experience the same thing as you, but since then I have shifted my lust to other things, watching movies or watching live broadcasts on any program to refresh my brain so I don't get greedy.
Taking a moment to calm down to start gambling again, as a result I am grateful that my money came back even though I didn't win but at least I didn't lose. Should be able to take a break of a few hours to gamble again, You can't make profits instantly if you're not lucky.

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May 01, 2022, 11:33:13 PM
 #99

..Unlucky me  Sad Sad Sad
Sorry to say that, but that is not about you being unlucky. It is more than you being careless and risking yourself in this situation.
You ignored a very important rule. Losing control in gambling is very potential, moreover, it will also lead to addiction, winning is also addiction. So, whatever the lesson, you should take and pay it.
Moreover, how can you really be sure that your chance to win is high enough? There is no guarantee or gambling is sometimes different, not always like usual

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May 01, 2022, 11:44:10 PM
 #100

..Unlucky me  Sad Sad Sad
Sorry to say that, but that is not about you being unlucky. It is more than you being careless and risking yourself in this situation.
You ignored a very important rule. Losing control in gambling is very potential, moreover, it will also lead to addiction, winning is also addiction. So, whatever the lesson, you should take and pay it.
Moreover, how can you really be sure that your chance to win is high enough? There is no guarantee or gambling is sometimes different, not always like usual

Take it easy!
Surely he has already paid for this carelessness and harsh words like that only make the situation worse.
Every good player, even knowing the basic rules, has already been through this situation, the game really is treacherous with our minds.
If you've never been through this, congratulations, keep it up, but don't criticize those who had this heartache and came here to share their situation... help him!

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