Your epic fail experience in gambling

[dunfida]

Epic fail moment?


1. Beliefs on martingale that could make me rich
2. Test out lots of strategies and also lost of money had been spent trying to justify out
3. Accidental all in or max bet been pressed
4. Urge of feeling on going all in when guts told  you do to so.

And because of these fails you would really be able to realize on whats the importance
of proper risk management.

[Boristhecat]

Epic fail moment?


1. Beliefs on martingale that could make me rich
2. Test out lots of strategies and also lost of money had been spent trying to justify out
3. Accidental all in or max bet been pressed
4. Urge of feeling on going all in when guts told  you do to so.

And because of these fails you would really be able to realize on whats the importance
of proper risk management.

By the way, if we talk about the first two points, then these two ideas should initially arouse suspicion, since casinos allow you to implement (and even advertise) these methods. In the settings of automatic betting in dice in any casino, you can set up any strategy. It would be strange if the casino, knowing that in this way the player can win, would allow this.

[Ulven]

If you are a gambler, you will experience epic failure and you can also succeed in making some gains, but if you know the right time to quit, you will definitely avoid losing. Yes, I lost everything I owned in a real casino. Of course, this made me learn a lesson that I will never forget. As for online gambling, I have never failed. I always try to play regularly and not chase the loss.

[danherbias07]

I cannot call it an epic fail but an error that I made that I thought I won it but didn't.
It's a parlay that's why it hurts a lot. Just one mistake will bring down the whole thing. IIRC, it was a long parlay with one of it as an under-total score while I do remember I put over the total score.
When I woke up I checked every single stat and score (surprise method) and I can still remember I am so happy I hit it. But when I checked the gambling site, reality punched me right in the face.
Double checked it, and I saw that one mistake.
What's more wrong is up until now I keep making the same mistake. Over is the left side and Under is the right side but I keep on picking the under even though I want the over.
I don't know if it's because of junk foods or just the age.  

[KTChampions]

If you are a gambler, you will experience epic failure and you can also succeed in making some gains, but if you know the right time to quit, you will definitely avoid losing. Yes, I lost everything I owned in a real casino. Of course, this made me learn a lesson that I will never forget. As for online gambling, I have never failed. I always try to play regularly and not chase the loss.

I think epic fail means something really epic. It is unlikely that every gambler has gone through this experience (for example, I have not) since not every gambler has the courage and ability to do this. Sometimes I've lost (for example in poker tournaments in the later stages with a good hand) and I thought that I would never forget such a loss, but now I can't remember what kind of tournament it was and what kind of situation. If it was a real epic fail, I would remember it.

[madnessteat]

My most epic failure occurred when I believed that playing the Martingale strategy could lead to serious winnings and decided to use all the money I had. Naturally, I lost them all. I think it was this delusion that led to serious losses for many gamblers.

As I understand from the start post TS still does not understand that this strategy does not work and in the long run leads to losses.

[romero121]

My epic fail experience happened back when the price of ethereum was around $200. I managed to make 5 eth to 80 ethereum through Dice in a single day. Further the greed didn't left me, because I was in need of money. If I've played using the entire balance I could've experienced a recovery. I preferred to play with 5 ethereum and remaining were in the wallet. Slowly took little by little to win what I've lost over the previous bets. This ended with empty wallet the same day.

[fullhdpixel]

I don't remember the exact year that this promotion introduced but as I remember, It needs to comment on PD ANN thread here in the forum the hash of your bet that contains the exact winning number. The consecutive number promotion is what I participate before but I never win any of those promotion. Your case is a typical result which the casino expecting for the result of there promotion besides attracting new players to enter. We have natural greedy attitude as part of our human weakness. I think many of us got wrecked on gambling because of this greediness.

Didn't know that pd held a promo like that before in the forum but by the time I joined pd the promos are already held within their own forum. Up until now they still have that promotions where you will hunt a certain number or multiplier. It's one of their ways to earn a profit but at the same time it makes their forum active.

The promo was fun other than being profitable if you are lucky and you are not greedy. Before I participate on them, I made a pre-calculation first and I compare my potential cost to the reward that I will win. I will stop once I bust my allocated capital dedicated only for the promo because continuing isn't going to be worth it anymore.

[Tumanggor]

That's why I'm also not into auto bet. Anything that you are not in control of is just not good even using bots in trading is just not for me as well. Its best to manually do it. Make it worth while and enjoyable in gambling like sports betting, blackjack or poker because at least there is the thrill and  you do it yourself.

I have my own epic fail but too like parlay on sports so I stopped doing it because there is just no way I can predict all.

the auto-bet feature is really trapping, I have also made several bets by activating auto-bet but ended up with severe losses, since then I have never again activated auto-bet while playing any gambling game (slots, dice and crash game)

For anyone who is used to activating auto-bet, you should immediately stop with that habit

[mindrust]

1. Beliefs on martingale that could make me rich

The first time I heard of martingale when I was in high-school. The strategy sounded magic to my ears. I mean it was the perfect strategy. I thought I discovered the secret potion of infinite wealth. If you lose your bet, double down on your loss. Unless you are complete unlucky moron, you can't lose 5 games consecutively, I thought. And you know what? I lost more than 5 times. I guess this shit happens to every greedy young fool out there, at least once.

[seleme]

My worst nightmare was losing $20k in a day, there was no single bonus in 6k spins on Pragmatic slots. Increasing bet size on each 1000 spins level was not a good idea and I was faced with the harsh reality of gambling after that day, never ever going to chase the losses. I can feel your pain since we have experienced such swings on daily loss streaks, sticking to same bet size and not chasing loss are main points to protect bankroll that can be used another day to play. Epic fails usually happens due to negative house edge, we have to find the zero house edge casino for not going into deep.

[blockman]

My worst nightmare was losing $20k in a day, there was no single bonus in 6k spins on Pragmatic slots. Increasing bet size on each 1000 spins level was not a good idea and I was faced with the harsh reality of gambling after that day, never ever going to chase the losses. I can feel your pain since we have experienced such swings on daily loss streaks, sticking to same bet size and not chasing loss are main points to protect bankroll that can be used another day to play. Epic fails usually happens due to negative house edge, we have to find the zero house edge casino for not going into deep.

Man, that's a huge money that I can't probably reach to use in gambling since I'm the type that won't allow such to happen. There are really people that have more painful experience than the others.
Losing that much in a day was totally a big frustration for sure and there are people that have lost more than yours and still, they're trying to chase those losses that they've made.
Epic fail experience of mine is also the same as everyone's experience of losing money that have won within a week.

[seleme]

My worst nightmare was losing $20k in a day, there was no single bonus in 6k spins on Pragmatic slots. Increasing bet size on each 1000 spins level was not a good idea and I was faced with the harsh reality of gambling after that day, never ever going to chase the losses. I can feel your pain since we have experienced such swings on daily loss streaks, sticking to same bet size and not chasing loss are main points to protect bankroll that can be used another day to play. Epic fails usually happens due to negative house edge, we have to find the zero house edge casino for not going into deep.

Man, that's a huge money that I can't probably reach to use in gambling since I'm the type that won't allow such to happen. There are really people that have more painful experience than the others.
Losing that much in a day was totally a big frustration for sure and there are people that have lost more than yours and still, they're trying to chase those losses that they've made.
Epic fail experience of mine is also the same as everyone's experience of losing money that have won within a week.

Unfortunately, controlling emotions doesn't work as usual especially when you lose faster than third confirmation notification for deposit after ripping that depo 🙂
BTW, I have won over 65% of that amount in same website I have used to gamble. Later I took a self exclusion option and didn't deposit for few weeks. Chasing losses can lead to unfortunate situations that there is no way back that you can stop the urge to do so. Anyways, everything is possible in gambling industry, there are lucky gamblers who made $10 out of $3 tip. You never know what will happen next in unpredictable games/slots, it can pay max win on first spin or can go dead streak all day.

[dunfida]

snip

By the way, if we talk about the first two points, then these two ideas should initially arouse suspicion, since casinos allow you to implement (and even advertise) these methods. In the settings of automatic betting in dice in any casino, you can set up any strategy. It would be strange if the casino, knowing that in this way the player can win, would allow this.

As a business then you would obviously prohibits any strategies which could possibly milk out the platform but since they do know that no strategy does exist plus having that common line that "house do always win"

then they are really that confident that they could really make profits into those greedy gamblers out there which trying to push out their strategy that it should work or does have those kind of hopes.

Whenever you do have this kind of mindset then you are really putting yourself into a big problem.

[gagux123]

Well, I confess that my worst fail I had when I was betting was during a UFC fight, I confess that I was a little greedy and I bet a little high (at least at that time it was an interesting value lol)

When the result of the fight came out, the fighter I had thought I bet won, but in reality I bet on another fighter who had nothing to do with that fight
It was hilarious but tragic at the same time.

[TimeTeller]

My worst nightmare was losing $20k in a day, there was no single bonus in 6k spins on Pragmatic slots. Increasing bet size on each 1000 spins level was not a good idea and I was faced with the harsh reality of gambling after that day, never ever going to chase the losses. I can feel your pain since we have experienced such swings on daily loss streaks, sticking to same bet size and not chasing loss are main points to protect bankroll that can be used another day to play. Epic fails usually happens due to negative house edge, we have to find the zero house edge casino for not going into deep.

Man, that's a huge money that I can't probably reach to use in gambling since I'm the type that won't allow such to happen. There are really people that have more painful experience than the others.
Losing that much in a day was totally a big frustration for sure and there are people that have lost more than yours and still, they're trying to chase those losses that they've made.
Epic fail experience of mine is also the same as everyone's experience of losing money that have won within a week.

I have seen large amounts of bets in one of the known casinos here, and they were wiped out fast.
I was wondering what was the feeling of that gambler, seeing his amount of money just gone in seconds?
But maybe the experience is different for most of us, for example a small roller vs high roller.
Like for example, for us, losing $20k is already too much. But for some, that's just change for them and they can bet it one time.
But as I can say I am a responsible gambler, I don't go to the extent of losing large amount of money in gambling.
So I can't say much about epic fail experience. I lost some but for me, it was not significant because I knew my limitations.

[harizen]

I'm a gambler for around 2 decades and have already experienced lots of losses on the way. But still, I can consider myself responsible and the fact that I'm posting here properly is the proof of that lol. Anyways, I don't really think too much of my big losses or failures for long. I'm used to keeping that disappointment or regrets for about 2-3 days then I will back again to regain my confidence and move on.

As long as gamblers learned their mistakes after a mistake and after a mistake and so on, we will automatically improve our gambling skills regardless of what gambling types we are playing with.

That's why I don't treat gambling as fun to the point that I will just allow my bet to lose? I always read that statement here in gambling discussions that it's alright for them to lose money since they afford to lose it and they are just getting fun not realizing that the amount they afford to lose is now big in total. Never.

The fun part is when I get profits - that's why I'm doing my best to win.

[Fatunad]

My worst nightmare was losing $20k in a day, there was no single bonus in 6k spins on Pragmatic slots. Increasing bet size on each 1000 spins level was not a good idea and I was faced with the harsh reality of gambling after that day, never ever going to chase the losses. I can feel your pain since we have experienced such swings on daily loss streaks, sticking to same bet size and not chasing loss are main points to protect bankroll that can be used another day to play. Epic fails usually happens due to negative house edge, we have to find the zero house edge casino for not going into deep.

Man, that's a huge money that I can't probably reach to use in gambling since I'm the type that won't allow such to happen. There are really people that have more painful experience than the others.
Losing that much in a day was totally a big frustration for sure and there are people that have lost more than yours and still, they're trying to chase those losses that they've made.
Epic fail experience of mine is also the same as everyone's experience of losing money that have won within a week.

I have seen large amounts of bets in one of the known casinos here, and they were wiped out fast.
I was wondering what was the feeling of that gambler, seeing his amount of money just gone in seconds?
But maybe the experience is different for most of us, for example a small roller vs high roller.
Like for example, for us, losing $20k is already too much. But for some, that's just change for them and they can bet it one time.
But as I can say I am a responsible gambler, I don't go to the extent of losing large amount of money in gambling.
So I can't say much about epic fail experience. I lost some but for me, it was not significant because I knew my limitations.

As long you do know your limitations which a gambler should really have then you wont really be putting yourself into a situation on where you do regret because you
dont have money to pull into your pocket which means that if you arent that responsible with your actions and you do let that greed control you then whether you
are average or big time gambler then you would really be ending up that kind of feeling of regret on seeing your money vanish into thin air.

[EdenHazard]

I've got 500x in a slot machine back in the days at fortunejack .. betting my 0.2 bitcoin balance split into 20 spins and in my 4th spins it hits that 500x through the 2x 20 free spin and 1x 50 free spin ... crazy that 0.01 bitcoin turned into 5 bitcoin! Unfortunately that time the price of bitcoin is only around $480 each .. got me around $25k and i cash them out immediately , go travel around and come back with my last $1,000 in my pocket to try another luck.

Splitting into 50 spins and none of them hitting more than 4x , it gets busted in a couple of hours , get my saving out and even get a loan worth $20k , spinning the slot again and lost it all in my greedy spin at $2,000 each in my last 3 spins lol , im losing what i have won.

[Ararbermas]

My epic fail in gambling is when i can't control my self playing even though i already have good profits, what i mean the situation that because of addiction/greediness instead of ending with profits you always end up with losses .Lol

I dont know why it always happened to me, actually sometimes i want to stop gambling. But i can't!  so i decided to set a limit.