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Author Topic: Hard earned money - Busted in seconds  (Read 3649 times)
NeuroticFish
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April 30, 2022, 07:56:49 AM
Last edit: April 30, 2022, 08:41:05 AM by NeuroticFish
 #21

Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky

This sounds as (sort of) Martnigale to me (too). And it was proven that such a system is basically a trap: sooner rather than later it will fail you, in one of the "unlucky" days.
When I use Martingale-like systems and my head is cool enough (!) I stop after a 3-4 loses streak and I let it go. Maybe you try that too next time.

PS. Sad story, it also tells you've played more than you'd afford to lose; make sure you're careful to avoid playing more money than just for keeping it "fun", even if you're losing some.

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April 30, 2022, 07:58:08 AM
 #22

Well, if you can't control yourself and get addicted due to gambling, I suggest you to stop gambling by clicking the self exclusion of the casino you played and seek professional against your case. I've seen a lot addicts doesn't realized they was addicted, they thought they're normal and doesn't have any problem. But after few days, I heard some of them sold their house and become a beggar. I hope you didn't become like this one.

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April 30, 2022, 08:07:06 AM
 #23

You have been this forum since 2013 and you're very familiar with gambling as I can see you're active in this board. There are so many thread created about gambling addictions and got many repetitions, you should have read that at least one thread, but I don't know why you can still become an addict. Now you regretting you have done before, however you're need to think how to pay your debt and the interest ASAP since crying over it doesn't solve the problem.

Even OP gambled since 1900, it's just usual for an experienced gambler to be tempted to do gamble irresponsibly. OP knows the risks but still pushes it. For that, we just hope for the best that OP can move on from the situation. He might take chance to profit to solve his debt.

Although not a good idea, the fact that OP still posts that problem here means he accepts the consequences. 

Let OP regret what he did. Voicing out his problem here might lessen the pain compare to keeping it to himself.
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April 30, 2022, 08:09:59 AM
 #24

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

Sorry to hear that but I also have been in that kind of situation.I have been because of my madness trying to get the bonus round in slots game and thus like you increased the bet,of course not at that level,maximum I have played have been 1.6 dollars per bet and got busted like you.I have no debts fortunately but I know your feeling and what you must have felt during such session,it is never a good feeling.I bypassed this by playing with minimal bet and always playing only money I don't care to lose although the feeling when you lose it all remains the same sadness.

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April 30, 2022, 08:38:35 AM
 #25

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
It's a serious problem mate.

You need to consult a professional help for you to deal and solve your addiction. If the money is intended for payment of debt, you should have clear that first before you gamble.

Now, you've just lost the money and you still have the debt that might probably be increasing due to the interest that you're incurring while it's not yet fully paid.

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April 30, 2022, 01:17:30 PM
 #26

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

When it comes to gambling don't ever overextend your luck because eventually, the house will catch you, always know when to quit, knowing when to quit is a virtue for us gamblers, always remember you can always come back don't ever think that you can recover your losses, but if you're playing for pleasure you will not regret losing even if you win a lot in the early phase, don't try to beat the house, you cannot.
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April 30, 2022, 01:43:13 PM
 #27


Yup its martingale. When there is the need to win you will find a strategy that will make you win. Unfortunately, its not going to work when you don't stop after winning. For many times I have tried different systems and win in the first 2 to 5 bets and then starts south after next. Its the pattern not just on luck base games, martingale can be applied on blackjack and patterns still the same. When you win big, its time to stop. Let go of the loss. Its like investing, gamble the money you can afford to lose.



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jossiel
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April 30, 2022, 01:57:01 PM
 #28

Yup its martingale. When there is the need to win you will find a strategy that will make you win. Unfortunately, its not going to work when you don't stop after winning. For many times I have tried different systems and win in the first 2 to 5 bets and then starts south after next. Its the pattern not just on luck base games, martingale can be applied on blackjack and patterns still the same. When you win big, its time to stop. Let go of the loss. Its like investing, gamble the money you can afford to lose.
Yeah even if you have thousands to a hundred thousand, still you might be having the same result.

Op said he doesn't know why he hasn't seen his own limit. So start there by knowing your limitations as you gamble so that this won't happen again.

But if for the second or third time, you are still having the same result of losing your hard-earned money. I guess you have to go with counseling.

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April 30, 2022, 03:45:53 PM
 #29

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 normal, we all have that thing but in order for us not to lose so much money we need to set a limit for ourselves, for me gambling is not bad as long as you have the control, which is very very hard especially when you are on your winning spree you tend to bet more and more to win larger amount . Set a limit and make it a habit, also never ever use the money that is already allocated to some things, I am sorry but it is very a bad idea.
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April 30, 2022, 03:56:52 PM
 #30

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
Ouch it sucks that you save it up for a long time and it gone instantly because of gambling but there is nothing to be blame here I guess but yourself alone because you lose your control and got tempted to bet more. 3 dollars a bet is already high but how much more if 98 dollars a bet? Dang but is the strategy you're using is martingale? Because how did you end up that high? Martingale doubles our base bet once we lose and it can grow higher as long as we haven't hit our target multiplier yet.

It was dice game that you play? And you need to roll above 20 which means the win chance is 80%. Indeed that was high but shit happens you know. I even got a lot of loss streaks on a 98% chance and sometimes it's consecutive, imagine that?

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April 30, 2022, 04:25:37 PM
 #31

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 you shouldn't be gambling with money that you can't afford to lose. Doesn't matter if you have high chance of winning with lower payout, you are still risking a lot. You should know that gambling is an expensive source of entertainment.
All you can do is learn a lesson from this. Work again to earn your money and repay the debts and move on with your life instead of regretting and thinking about those money that you will never get back.

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April 30, 2022, 04:39:16 PM
 #32

This is why you do not gamble with all your money. Ypu don't bring money in the gambling house/sessions that are meant for other things. It's outright irresponsible and stupid to do so, especially if you know you have no control to your gambling exploits. This should serve as a lesson that you paid for dearly, something you will not forget very easily. If I were you, I would only bring money with me that can only last me for a meal or two in order to stop myself from gambling everything I worked hard for.
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April 30, 2022, 04:55:15 PM
 #33

Don't feel too bad about it. That this story might be useful for you as a learnship for your future gambling sessions. Next time you find yourself in a similar situation, you will be aware what steps you will have to take, keeping in mind gambling without limits isn't an option, since it made much more harm than good on the last time, what consequently increased the debt you had to pay somewhere else, as the longer you take to pay it, the more interest will be charged by the loaner.

Another good side of this story is that you shared it with gambling community, so you are probably helping many others to avoid their own mistakes by watching yours!

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April 30, 2022, 05:48:27 PM
 #34

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

Unfortunately, such situations sometimes arise. 

To avoid such situations, you need to be able to suppress the feeling of gambling excitement in yourself.  The bet made is the money that was originally lost.  Winning is luck.  A gift of fate.  I adhere to this postulate. 

I know from experience that it is very dangerous to recoup.  This is a psychological trap.  You need to allocate a certain amount of money that you are willing to spend on gambling. 

These are commonplaces known to all.  However, by following these rules, you can avoid large financial losses.

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April 30, 2022, 06:32:56 PM
 #35

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

Smile! $98 is big enough to walk away. But Gambling is a game of addiction. Whenever you win,  you will be thinking to win more but irony is the case in most time. Just think of the whole starting point of the game. $3 to placed a bet and suddenly or within a minute  $98 landed and you play again thinking to achieve more. That is why we always say that gambling is a game of risk and there is gain and lose. For one to have gain in gambling, one has to be calculative. And now losing that kind of money would caused a psychological effect on the OP.  And the worst aspect of the whole thing is that the capital was borrowed which the OP is going to pay back the debt. Such things make human heart bleeding. Please take heart and be yourself.

Such incidents are even difficult to voice out but you picked courage to say it here. That is the best way for any user here is to encourage him not to put more pain to the already wounded heart. Please such is life and you can't revised it so the only thing I will say is that, God is the best person that will recover your lost money so put your trust in him. Go to him ask him what you want. I am really sorry for your lost. Man must lost small something to gain the biggest thing in world.



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April 30, 2022, 06:36:09 PM
 #36

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
it must be very painful because the hope we have will continue to win because there is a goal to pay off debt, it is indeed difficult to control ourselves when betting, moreover there is a goal to be achieved that makes us have ambitions, which is actually a mistake.
maybe if you are having fun without a specific goal for sure you will postpone the game for a while or maybe withdraw it, because your goal is to pay off the debt that makes you lose control because your goal is the target amount of debt you have to pay. Gambling is luck and can't be relied on if it's for a specific purpose and you're out of luck.
I think many feel like you, myself included and it would all be for nothing if there was a specific purpose unless luck was on your side. And even if it gets out of control, if luck is in your hands, you will definitely achieve your goal.
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April 30, 2022, 06:38:56 PM
 #37

Now, don't chase after it, it will just lead to more losses in the end and that would be more catastrophic. That's the thing, we start small then if hooked to gamble more we start to get greedy then that will follow until you either go lucky or go lost, that's the only direction. The thing is, we tend to get the lossing side and it isn't a shocking event since most of us gamblers can relate.
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April 30, 2022, 06:39:38 PM
 #38

These kinds of things happen every day. But not everyone writes about it. There are also people who are millionaires until they come into contact with gambling. I don't know what exactly motivates these people. People with less money from that could still be thinking that they want to earn some money so that they no longer have to work. But if you are already a multimillionaire? You can no longer call it just for fun if you bet your entire fortune through it. Everyone has their own motives to gamble with often a goal and that is to get rich, which often does not work.

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April 30, 2022, 06:43:25 PM
 #39

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
This simply signifies that you are that addicted to gambling.Who would be the one on his right mind on spending all the money that he had earned on 2 months time and just simply lost it all in
gambling for few seconds? If you are that sensible towards your actions and aware on where those funds should be used then you wont really be ending up on whining about losing those
money.Gambling does guaranteed losses specially on long runs, on the time that you had able to hit up $98 then thats the time on which you should be stopping
but well your greed do controls you and end up nothing.

R


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April 30, 2022, 06:56:35 PM
 #40

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

This is why you dont bet with the money you have to repay back. But i understand why you did it you wanted to repay the debt faster and maybe even have some money for yourself. Everybody does this,its a problem and you need to control this and not go into any risk,try and repay your debts in the future and once you have leftover money you can bet with it.
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