Hard earned money - Busted in seconds

[rodskee]

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 

the most stupidest thing i am hearing from gambling world is this kind of attitude and losses, though I am not pointing about you mate instead of your decisioning that time because why on earth needed to end like that when you can make if simple and fun.

Hoping that you already learn your lessons and never let this to happen again forever,

sorry for your losses mate and looking forward for more positive update for you .

[Rufsilf]

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.  

He comes out with the wrong decision because of the influence of his greediness. What is in his mind is about money, if he gambles more, he thinks that he could get more. Actually, he makes a decision without thinking it is twice, not even considering the possible results when gambling. He will lose more if OP never stops gambling as in his mind now is seeking how to recover his losses.

He even believes in Jackpot, yes can be true unless we are too lucky enough. In fact, this is how gambling works.

[swogerino]

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.  

That is compulsory gambling behavior but as far as of now I have not seen him complaining again which I assume he already has learned his lesson the hard way,well like most of us do in gambling.The gambler brain produces dopamine while gambling and you cannot make clear decisions during such time which can lead to bad decisions,there are two inner parts one tells you keep playing a few spins more and we will recover everything,this is the devil speaking and the other inner part telling you,let's stop this and try to start over by not doing stupid things,this is a message from the inner good we have.

[batang_bitcoin]

"In gambling a winner is the one who knows when to stop". the real catch is when to stop in either case you win or lose. Normally
people keep on betting when they are losing or winning and that's where problem start. I am happy that gambling is ban in my country and I gamble rarely on crypto sites.

That means that even gambling is banned on your country, you still happen to gamble at some moments of your life during this rule of law has been implemented. Well, going with the winners who knows how to stop.
IMHO, the correct terms would be disciplined and accountable. Any gambler who's disciplined and accountable will know when it's time to give up and just stop. There will be matters that should be addressed more importantly than going on if they know that they're already defeated for that.
It's not a total loss if you happen to stop when things are not working for you like most of your bets are dropping in losses.

So you definitely do not have a gambling addiction because many people play online casinos via VPN/TOR despite the ban on gambling in their countries. In my city there are no land-based casinos that would have a license and I have to play online. It seems to me I have no gambling addiction as I can leave the gaming area at any time and try to do it immediately after winning and also can do without gambling for a month or more.

Very much likely that he's not really a gambling addict and just accesses through TOR or VPN and only wants to have fun upon gaining access to the casino where he's playing.
Knowing that someone don't have a gambling addiction is good and you're still in control of yourself. It just needs to be maintained so that no worse case scenario will happen upon gambling and you don't have to feel rejected nor regret your decision to gamble.
We're lucky that on this era of time, we're able to access casinos online unlike before, even there were online casinos already but they're not as friendly as the crypto casinos.

[Fredomago]

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.  

That is compulsory gambling behavior but as far as of now I have not seen him complaining again which I assume he already has learned his lesson the hard way,well like most of us do in gambling.The gambler brain produces dopamine while gambling and you cannot make clear decisions during such time which can lead to bad decisions,there are two inner parts one tells you keep playing a few spins more and we will recover everything,this is the devil speaking and the other inner part telling you,let's stop this and try to start over by not doing stupid things,this is a message from the inner good we have.

Sounds funny, but if not all, there are people who experienced this inside your minds. Someone keeps bothering you or whispering about what you should. Do. It's a matter of choice and good decision making that will allow you to continue or to stop. Learning things the hard way always reminded you what mistakes can cause you. It's a life changing experienced, for those who learned the right way they will stop, but for those who can't control, addiction is waving to lose more.

[|MINER|]

That's also happened to me, dude. In fact, we face this because we do not follow any strategy. If you can stick to the strategy after the game starts, I think you can come back with a little loss. It may be that if I lose the first time I will not try again or I will try twice. Even after a while we lose our mental control and then we make these mistakes and then we fall victim to the loss and then we regret it.

[milewilda]

That's also happened to me, dude. In fact, we face this because we do not follow any strategy. If you can stick to the strategy after the game starts, I think you can come back with a little loss. It may be that if I lose the first time I will not try again or I will try twice. Even after a while we lose our mental control and then we make these mistakes and then we fall victim to the loss and then we regret it.

Doesnt really need that strategy since you could actually able to stop yourself if you are just really that mindful on limiting your losses or simply make use of those funds which you do really able or can
afford to lose.Losing is inevitable in gambling yet high chance you would really be experiencing this and thats why you should prepare yourself with that so you wont really be making out some impulsive
reaction which is something that cant really be resisted most of the time.If you dont like to lose up your precious funds then better not to play gambling in the first place
yet you would able to lose those money in an instant if you werent lucky enough.

[Alanaz]

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.

In any case this is a lesson to be learned. Because they want to cover the loss of concentration, it is clear that they are thinking about ambition and emotions to keep winning and not thinking more logically.
This is something that is indeed quite difficult to prevent if the self-control that is carried out is quite weak and indeed this is unavoidable if indeed our minds are focused on winning then it will indeed be very difficult to play calmly and will only make things worse.

[Smartvirus]

One way to just keep loosing and loosing fast is by playing for every round. It's such a bad idea because, it somehow drives your focus from what you are loosing to either what you hope to gain or puts you in the line of recovery of lose and that way, you just keep loosing. I sa this in respect to casino games and the virtual sportsbetting too. These games ends and starts in minutes then, your back to making another bet and going for high outcome turn overs too.
Always try to pause and observe for a few rounds and then make your prediction. It doesn't mean you would win but, it gives you some direction to where the game is going and saves you a few loses too.

[lixer]

"In gambling a winner is the one who knows when to stop". the real catch is when to stop in either case you win or lose. Normally
people keep on betting when they are losing or winning and that's where problem start. I am happy that gambling is ban in my country and I gamble rarely on crypto sites.

That means that even gambling is banned on your country, you still happen to gamble at some moments of your life during this rule of law has been implemented. Well, going with the winners who knows how to stop.
IMHO, the correct terms would be disciplined and accountable. Any gambler who's disciplined and accountable will know when it's time to give up and just stop. There will be matters that should be addressed more importantly than going on if they know that they're already defeated for that.
It's not a total loss if you happen to stop when things are not working for you like most of your bets are dropping in losses.

So you definitely do not have a gambling addiction because many people play online casinos via VPN/TOR despite the ban on gambling in their countries. In my city there are no land-based casinos that would have a license and I have to play online. It seems to me I have no gambling addiction as I can leave the gaming area at any time and try to do it immediately after winning and also can do without gambling for a month or more.

To the case of @blatchcorn online gambling may not be that strict on his country because he can still be able to play it and he also didn't mention that he use vpn or same kind of privacy tools to access them. It was the offline or real life gambling that is banned but if you are still accessing them, that is one a sign that you have developed a gambling addiction.

License is a big thing in land based casinos and without them, the place is considered illegal and playing them is a big risk. Something bad can happen to you if you got caught but I think in the online world, license aren't a priority of many gambling sites and you can still play on them legally.

[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.  

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.

Time constraints what push me to commit this noob mistake. Evolution gaming only have approximately 10s to place bet while I've just come back from comfort room doing my things. When I get back to my computer, The only time remaining was 5s and the cheap I set was 20ubtc only so I misclick the 20chips to x2 at the time late to notice my initial bet exceeds 1mbtc which supposedly 0.1mbtc only on my normal bet. I manage draw that match and bet one more time before I finally skip gambling that time.

[Wawa2013]

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.

In any case this is a lesson to be learned. Because they want to cover the loss of concentration, it is clear that they are thinking about ambition and emotions to keep winning and not thinking more logically.
This is something that is indeed quite difficult to prevent if the self-control that is carried out is quite weak and indeed this is unavoidable if indeed our minds are focused on winning then it will indeed be very difficult to play calmly and will only make things worse.

A valuable lesson we can take when gambling is not to be too obsessed with winning when we experience losses. Because this can eventually
cause us to lose large amounts of money in a short time. I also experienced it when I first played gambling, I was very obsessed with covering
the losses I experienced by betting bigger every time I lost. Even though it only made me lose money faster and I learned from my mistakes.
Sometimes we don't realize that when playing gambling, the main key to avoiding big losses is to control our emotions. If we can control our emotions,
I believe we can accept when we experience losses and be able to stop before our capital runs out.

[traderethereum]

A valuable lesson we can take when gambling is not to be too obsessed with winning when we experience losses. Because this can eventually
cause us to lose large amounts of money in a short time. I also experienced it when I first played gambling, I was very obsessed with covering
the losses I experienced by betting bigger every time I lost. Even though it only made me lose money faster and I learned from my mistakes.
Sometimes we don't realize that when playing gambling, the main key to avoiding big losses is to control our emotions. If we can control our emotions,
I believe we can accept when we experience losses and be able to stop before our capital runs out.

Almost all of us have probably experienced it and take it as a valuable lesson for us so that it doesn't happen again.
Those of us who have had that experience will think twice about trying to recover from our previous loss.
If we feel we cannot recover from that loss, we will not try and will forget about it because gambling is just entertainment.
But some of us might try it and hope they can recover from their losses but unfortunately, not many can recover their losses but only increase the amount of money they lose from gambling.
We and other gamblers need to be aware of this and don't try it because the results will still win and lose and our chances of losing can be bigger than before.

[Uang_kartal]

actually when we are at the top (win or intentionally) it's our choice to regulate concentration and capital. any market and company I'm sure they won't hold you back for a moment to prepare your thoughts, psyche and inner calm. conditions are good enough for manage capital if you can make peace with yourself withdraw capital and you can have fun with the profit margin.
no burden, free and can be more relaxed.
indeed everything has a risk of the effect of the defeat.
in the future you can be wiser in playing, have fun and save your emergency money friends. or you can also participate in the income sumhsr in this forum, although it doesn't always pay off. but there are still legit weekly campaigns if you want to apply and play finance on any platform as you please friends

[Razmirraz]

actually when we are at the top (win or intentionally) it's our choice to regulate concentration and capital. any market and company I'm sure they won't hold you back for a moment to prepare your thoughts, psyche and inner calm. conditions are good enough for manage capital if you can make peace with yourself withdraw capital and you can have fun with the profit margin.
no burden, free and can be more relaxed.
indeed everything has a risk of the effect of the defeat.
in the future you can be wiser in playing, have fun and save your emergency money friends. or you can also participate in the income sumhsr in this forum, although it doesn't always pay off. but there are still legit weekly campaigns if you want to apply and play finance on any platform as you please friends

Easy to say but hard to do, when someone is at the top he will think this is his lucky day, he will continue to place bets in the hope of getting even bigger profits. Concentration is necessary, no matter the conditions. Someone who is on top is more dominant in doing something that is considered to be able to surprise in the next round, while someone with a big loss will be increasingly eager to get back his lost capital. Whoever and wherever one is required to be able to control emotions, by thinking for a moment one can set aside capital for other needs.

[Alisha-k]

That's the thing with gambling. There's this inner voice that tells you to keep playing after you have lost the first round. That you can do it, you will recover all.
 Then you lose one, till you have none left. I'm sorry you have added more debt in top of what you are facing.
It's easy to tell yourself "I will stop after I've won this one". But I think one just needs a certain control over gambling as it can be addictive.

[TopTort777]

It's easy to tell yourself "I will stop after I've won this one". But I think one just needs a certain control over gambling as it can be addictive.

Actually this is wrong. If you tell yourself "stop after X scenario", brain will send the command to do completely different. And this is not only in gambling. Every experienced opening a can of Pringles, saying just one last chip and later finding yourself with an empty can? Or opening a bag of skittles and taking just one candy? We are always trying to lie to ourselves. In gambling, this lie is multiplied with greed, and this "I will stop" only triggers to play more. Because "I will stop" with 99.9% variability is used when you are already loosing, and nobody wants to be a looser.

[Quidat]

It's easy to tell yourself "I will stop after I've won this one". But I think one just needs a certain control over gambling as it can be addictive.

Actually this is wrong. If you tell yourself "stop after X scenario", brain will send the command to do completely different. And this is not only in gambling. Every experienced opening a can of Pringles, saying just one last chip and later finding yourself with an empty can? Or opening a bag of skittles and taking just one candy? We are always trying to lie to ourselves. In gambling, this lie is multiplied with greed, and this "I will stop" only triggers to play more. Because "I will stop" with 99.9% variability is used when you are already loosing, and nobody wants to be a looser.

A person who do have a good control on himself is the ones to those who could completely stop midway or immediately if he wanted to yet not all are really having that kind of behavior
on which majority do really fail on doing so.They do only stop when there's something bad happen to them or do experience out some hardships in life.
If you dont like to lose your hard earned money then you shouldnt play gambling or making yourself some involvement because that would surely
the things which cant be taken back.

[delfastTions]

It's easy to tell yourself "I will stop after I've won this one". But I think one just needs a certain control over gambling as it can be addictive.

Actually this is wrong. If you tell yourself "stop after X scenario", brain will send the command to do completely different. And this is not only in gambling. Every experienced opening a can of Pringles, saying just one last chip and later finding yourself with an empty can? Or opening a bag of skittles and taking just one candy? We are always trying to lie to ourselves. In gambling, this lie is multiplied with greed, and this "I will stop" only triggers to play more. Because "I will stop" with 99.9% variability is used when you are already loosing, and nobody wants to be a looser.

A person who do have a good control on himself is the ones to those who could completely stop midway or immediately if he wanted to yet not all are really having that kind of behavior
on which majority do really fail on doing so.They do only stop when there's something bad happen to them or do experience out some hardships in life.
If you dont like to lose your hard earned money then you shouldnt play gambling or making yourself some involvement because that would surely
the things which cant be taken back.

The reasoning on this topic is absolutely correct, but the whole difficulty lies in the ability of a particular person with a certain temperament and character of the psyche.
  Someone is able to stop almost instantly even in a state when he is completely in the grip of the excitement of the game, all in "adrenaline".  But there are very few such people. 
And so almost everyone continues to play and lose further. 
And such people simply do not have the willpower that can stop them.  I think such people are more than 90% of all inhabitants of the planet.  And all our advice and reasoning here in the topic will not change anything for them.  Most people will play and lose anyway. 
And casinos will continue to exist comfortably and earn

[Cling18]

It's easy to tell yourself "I will stop after I've won this one". But I think one just needs a certain control over gambling as it can be addictive.

Actually this is wrong. If you tell yourself "stop after X scenario", brain will send the command to do completely different. And this is not only in gambling. Every experienced opening a can of Pringles, saying just one last chip and later finding yourself with an empty can? Or opening a bag of skittles and taking just one candy? We are always trying to lie to ourselves. In gambling, this lie is multiplied with greed, and this "I will stop" only triggers to play more. Because "I will stop" with 99.9% variability is used when you are already loosing, and nobody wants to be a looser.

If we aim for something with greed, we could really end up losing everything we have. The right mindset is necessary before we enter the gambling world. We should learn how to control our emotions or else it will be the one who will control us. Uncontentment is human nature but we could change our ways if we'll know our limits from the beginning.