Hard earned money - Busted in seconds

[KTChampions]

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.

Not that it matters much, but I would point out that $3 is not a small bet for a dice at all (the OP confirmed that it was a dice). In this game, you can make a lot of bets in one minute even without automatic mode, and if you use the martingale, starting from $ 3 in a couple of minutes, you can lose a large amount.

[yazher]

The more you lose the more you wanted it back. Heard it somewhere and they  are saying its human nature, maybe its true because you are not the only who chased the win. A lot us lose their money. Of course, every experience gives us realization and lessons.

That's why you need to control yourself and you need to remind yourself not to take a loan no matter how stressed you are from losing your money because you might end up increasing your problem to the point that you cannot take it anymore. This is how the gambler felt when he realized he had just lost the money he really needs when it was all over and he doesn't have any money anymore. That's why you cannot just forget it once happened but you need to remind yourself to be calm and not to create more problems.

[CryptoHeadlineNews]

That's one thing with gambling, you win, they win, it's always vice versa where you stand a winning chance of 0.1% and they stand to win with a percentage rate of 99.9%. (Very unfair)...
Only had you known you would have remained playing with your tactics which made you turn your $3 into $98 in two months, but rather you decided to try a different strategy and lost it all. I'm sure it's greed that made you lose all the funds because you thought you could get some bucks after paying the depth, and now nowhere to be fund
Sometimes, it's not good to let greed control your actions because later on, you will regret its outcome. And secondly one of the biggest mistakes you made is gambling with the money meant to pay depth. Never do that. Because there is two money you don't gamble with, church money and money meant to pay depth.

You can gamble with free money which you can afford to lose

[acroman08]

True, OP got caught in the moment which was rather unfortunate. Nothing we can do though, it gets to the best of us sometimes, I wouldn't really blame OP fully for it, but he does have to suffer the consequences for having his actions like that.

nope, I disagree, OP is to be blamed fully for what happened to his money. trying to sugarcoat what happened by saying "I wouldn't really blame OP fully for it" won't help anyone. sometimes it is good to be harsh in order to for them to realize the mistake they made. I just hope next time OP would be more mindful of the money he is gambling.

[robelneo]

True, OP got caught in the moment which was rather unfortunate. Nothing we can do though, it gets to the best of us sometimes, I wouldn't really blame OP fully for it, but he does have to suffer the consequences for having his actions like that.

nope, I disagree, OP is to be blamed fully for what happened to his money. trying to sugarcoat what happened by saying "I wouldn't really blame OP fully for it" won't help anyone. sometimes it is good to be harsh in order to for them to realize the mistake they made. I just hope next time OP would be more mindful of the money he is gambling.

He already realized his mistake by sharing it here, if he is not he will not post his experience here because his action will be subjected to a lot of criticism I think he wants to move on, you cannot move on, if you keep thinking it and not openly sharing what happened to you, I'm sure he will be better next time not better in gambling but thinking better when and how to stop.

[m2017]

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 

You are not the first nor the last to experience this. I think many people who write in this gambling section have experienced these unpleasant consequences. I had a similar experience: I posted for a whole week participating in the signature campaign, but when I received a reward, I lost everything to the last cent in several stages. All labor was in vain. This is pretty upsetting. You have to be very careful about gambling, I think so.

[Doell]

-snip

Diverting your attention to something else works like charm. I did this trick as well whenever I feel the urge to gamble. Not that I am limiting myself but I already did play gambling earlier. Either I win or lose I already said to myself that I will stop after that because I know what will be the outcome if I don't stop.

I'm glad to hear it, You are no longer gambling because you have stop. But we are in the gambling zone is there not that overwhelming feeling of urge to gamble again? I personally still feel that urge and it's not easy for me to stop, any other suggestions you have it can I know friend? since diverting attention to something else only worked for me a while, the next day I gambled again.

[dunfida]

True, OP got caught in the moment which was rather unfortunate. Nothing we can do though, it gets to the best of us sometimes, I wouldn't really blame OP fully for it, but he does have to suffer the consequences for having his actions like that.

nope, I disagree, OP is to be blamed fully for what happened to his money. trying to sugarcoat what happened by saying "I wouldn't really blame OP fully for it" won't help anyone. sometimes it is good to be harsh in order to for them to realize the mistake they made. I just hope next time OP would be more mindful of the money he is gambling.

He already realized his mistake by sharing it here, if he is not he will not post his experience here because his action will be subjected to a lot of criticism I think he wants to move on, you cannot move on, if you keep thinking it and not openly sharing what happened to you, I'm sure he will be better next time not better in gambling but thinking better when and how to stop.

He had realized and since he had shared up this particular problem then it is something that do really happens in most gamblers on where using up their hard earned money which they are making gambling as a

source or way for them to increase money but we know that gambling is for entertainment and expecting that it could really make things possible in terms of increase via winning then you shouldnt

really be having this kind of expectation because you would really be finding out yourself to be that on a hard situation or problem.

[Fredomago]

True, OP got caught in the moment which was rather unfortunate. Nothing we can do though, it gets to the best of us sometimes, I wouldn't really blame OP fully for it, but he does have to suffer the consequences for having his actions like that.

nope, I disagree, OP is to be blamed fully for what happened to his money. trying to sugarcoat what happened by saying "I wouldn't really blame OP fully for it" won't help anyone. sometimes it is good to be harsh in order to for them to realize the mistake they made. I just hope next time OP would be more mindful of the money he is gambling.

He already realized his mistake by sharing it here, if he is not he will not post his experience here because his action will be subjected to a lot of criticism I think he wants to move on, you cannot move on, if you keep thinking it and not openly sharing what happened to you, I'm sure he will be better next time not better in gambling but thinking better when and how to stop.

That gesture OP did is to share his experienced and allow himself to move forward, open opinions or criticism also provides good guidance not only with the person who experienced it out but also to those who are not into this kind of situation yet, it can help them to avoid not to overuse their funds in this kind of entertainment.

Money is very valuable and hard to earn if you want to do something either to enjoy or to find some luck best to allocate and be very strict with such an allocation of your bankroll.

[Boristhecat]

I agree, what all things mentioned is true. Rather than unlucky me, it is the lack of control and the choice of risking. Same time I just want to convey, if I'm lucky even the lack of control and choice of risking could've brought me good profit. For that reason I've mentioned as unlucky me.

As said the chance of winning isn't guaranteed, myself mentioned of the winning chance is high, just because of placing the bets to roll over 20 on dice. For this the winning chance is 80%, but as mentioned it isn't guaranteed.

You bet with a very high probability of winning, but lost very quickly, this is a really rare case. Can you elaborate on how much you raised after a bad roll and how many bets you lost/won in total before you lost your entire deposit? I find it hard to believe that you are on a long losing streak with such a high probability of 80%. Even a series of four defeats in a row under such conditions is 0.16 percent likely.

[bitzizzix]

True, OP got caught in the moment which was rather unfortunate. Nothing we can do though, it gets to the best of us sometimes, I wouldn't really blame OP fully for it, but he does have to suffer the consequences for having his actions like that.

nope, I disagree, OP is to be blamed fully for what happened to his money. trying to sugarcoat what happened by saying "I wouldn't really blame OP fully for it" won't help anyone. sometimes it is good to be harsh in order to for them to realize the mistake they made. I just hope next time OP would be more mindful of the money he is gambling.

He already realized his mistake by sharing it here, if he is not he will not post his experience here because his action will be subjected to a lot of criticism I think he wants to move on, you cannot move on, if you keep thinking it and not openly sharing what happened to you, I'm sure he will be better next time not better in gambling but thinking better when and how to stop.

That gesture OP did is to share his experienced and allow himself to move forward, open opinions or criticism also provides good guidance not only with the person who experienced it out but also to those who are not into this kind of situation yet, it can help them to avoid not to overuse their funds in this kind of entertainment.

Money is very valuable and hard to earn if you want to do something either to enjoy or to find some luck best to allocate and be very strict with such an allocation of your bankroll.

Yes, I hope the OP actually realizes his mistake and corrects it to take a better stance on the next bet.
because betting for a specific goal is not good because what is expected is only a win that is never satisfied before reaching the targeted goal, and in fact it will make you accept a lot of losses and even lose everything because you play with ambitions that make you uncontrollable.
Every gambler has a different story of loss, but all of them must be corrected and used as valuable lessons and experiences so that they don't happen again.

[KennyR]

Hard earned money, the mistake have happened there. Whether he preferred to gamble or not and so many things that have happened further is secondary. Initially he should've realised the value of money, and if that has happened he might've never spend the hard earned money. Everywhere it is all about money, and OP won't do this again of he finds it a lesson.

[carlfebz2]

Hard earned money, the mistake have happened there. Whether he preferred to gamble or not and so many things that have happened further is secondary. Initially he should've realised the value of money, and if that has happened he might've never spend the hard earned money. Everywhere it is all about money, and OP won't do this again of he finds it a lesson.

He indeed learned a lesson from this on since he had wasted up his work pay or salary which is intended for other means or purpose but do ends up on losing it all instead via doing playing gambling.

You would really be busting up your hard earned money or whatever the source of those funds of yours whether an extra but the odds would really be still the same.

You could even wipe it off on a single bet with having that all-in kind of bet which do shorten out the process. 

[seoincorporation]

This has happened to a lot of users, I even have seen people busting big loans. Is important to understand when to stop and take our loss because the feeling after hitting an empty wallet is terrible.

Is one of those non-cheap lessons that cryptos have for us.

[maydna]

This has happened to a lot of users, I even have seen people busting big loans. Is important to understand when to stop and take our loss because the feeling after hitting an empty wallet is terrible.

Is one of those non-cheap lessons that cryptos have for us.

The problem is that when they find pleasure in gambling, they forget all the risks they can take, making them spend all the money. It's happening to many users and many more users and even though they read a lot of stories about the loss of others, they don't really learn from it. In addition, surrender will overwhelm us if our goals change in playing gambling and only think about how to earn more money.

[BuNga_cute]

Hard earned money, the mistake have happened there. Whether he preferred to gamble or not and so many things that have happened further is secondary. Initially he should've realised the value of money, and if that has happened he might've never spend the hard earned money. Everywhere it is all about money, and OP won't do this again of he finds it a lesson.

I think it's okay to use hard earned money to gamble, but we should be able to limit the amount of money we will use to gamble. So the hard earned
money that we have will not all run out, and the most important thing when gambling is to control our emotions, so we know when to stop and not continue
to gamble until we lose all the money we have. From the very beginning the OP used the money saved to pay off the debt was the wrong decision,
I hope the OP realizes his mistake and makes it a mistake not to do the same thing in the future. I also thank the OP for sharing what he went through,
it is also a warning to all of us to be responsible gamblers. I suggest gambling with the extra money we have, meaning that we first fulfill all our needs.
Including paying debts, bills, and daily necessities. After that if there is still money left we can use it for gambling, the key is in ourselves how
we manage money well, that way we can prevent what happens to the OP.

[iv4n]

This has happened to a lot of users, I even have seen people busting big loans. Is important to understand when to stop and take our loss because the feeling after hitting an empty wallet is terrible.

Is one of those non-cheap lessons that cryptos have for us.

Yes, this has happened to many of us! Especially in the beginning... in one moment I have coins in several wallets, and in the next one I am on zero everywhere! Happened to me more than once, but I was young and crazy (to not say stupid) and without obligations to anyone! For a long time situation is different and something like this didn't happen to me for a while, to spend all my money just like that and be on zero!

Well, bad things happen in gambling! We all learn some lessons one way or another! I also saw some people busting big loans, that is the craziest thing someone can do, to borrow a lot of money and gamble with them just like that! It's probably the end stage of gambling addiction, and probably after this big problems are coming!

[davis196]

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 

Somebody might call this a gambling addiction(and it might be true).
I would like to call it a "sunk cost fallacy".The more you get emotionally(and financially) invested into the game,the harder it is for you to quit.Losing control while gambling is the worst thing ever.Maybe that's why I try to gamble far less than I used to.
Gambling with money that were saved to repay a debt?That seems quite irresponsible,but that's your choice.
Everybody makes big mistakes sometimes.It's not about having no luck.It's about losing control over your game.

[cabron]

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 

Somebody might call this a gambling addiction(and it might be true).
I would like to call it a "sunk cost fallacy".The more you get emotionally(and financially) invested into the game,the harder it is for you to quit.Losing control while gambling is the worst thing ever.Maybe that's why I try to gamble far less than I used to.
Gambling with money that were saved to repay a debt?That seems quite irresponsible,but that's your choice.
Everybody makes big mistakes sometimes.It's not about having no luck.It's about losing control over your game.

We couldn't really say he is addicted yet. One thing is for sure he wanted to pay his debt but was tempted to bet and lose it all. I have an experience almost close to this kind in the past but was just few bucks since I was a teen during that time. I wasn't a gambling addict but have learned a lesson not to spend the money that is meant for something else.

Nothing can't be solve though so he just have to work for the money again. A price to pay for unexpected event. 

[hahay]

Putting it to roll above 20 still won't guarantee steady profits, especially if you don't have a limit or in some cases it's called greed. After all, if we play it by means of automatic betting, it's basically not a skill, so when you feel that the profits are already high, you can choose to stop. Because if you continue then you will only lose everything, it doesn't matter if you start with a new one with a different roll in reality the luck will not come a second time.