Your epic fail experience in gambling

[TopT3ns]

When that was your experience then it was very terrible and of course it will never be forgotten because with the amount of 4 BTC you have got then you can get a lot of money with small capital, it has become human nature to always be greedy and try to dig more profit so it is not controlled and they end up making you lose money. It should be an important lesson for you and don't let it happen again.

Well, my losses in the world of gambling are not too many, I only lost 0.5 BTC of capital by playing uncontrollably.

[Oasisman]

I have many epic fail moments in my gambling experience that I want to share. Some of them is the reason why I keep playing while some are the experience that makes me quit on gambling for more than a year. Let me start with my first epic fail experience when I was addicted on dice way back 2016.

I'm a regular player on Primedice that time and I manage to grow my balance from 0.1BTC to 4BTC within a week of non-stop manual playing using common martingale strategy. I was very happy at that time until I watch some random video on youtube showing tutorial to do automated betting with his setup. I was interested to follow his setup since he shows how much he won. I try it by myself using small bets until I forgot my auto bet running overnight, I was in shocked that balance got zero after hitting more than 30's red streak and all my BTC that I earned for a week is already gone overnight just because I follow some random guy trick while my strategy is working at that time.

After that, I conclude that personally I was so easy to convinced and I didn't care about the risk of what I'm entering when I was happy in my profit. I was not contented on my profit and tiring way that's why I seek some alternative way that make my gambling experience more hassle free. There's no easy formula on gambling to become successful.


Whats' your epic fail experience in gambling?
Let's see your conclusion and re-evaluate your decision making after the epic fail experience.

Wow! That was literally a huge turn around. From constantly gaining doing it manually then became lazy eventually that you have tried a strategy that involves auto betting. Well, sometimes when we do things automatically we tend to forget or we could fall asleep in front of our computers. I don't have any idea how frustrated you are when you wake up only to find out that your hard earned Btc doing manual dicing was gone.

Well, as for me I don't have much of a story but the most epic fail is when you turn your $5 into almost $1k and then didn't stop playing and eventually lose everything. I know, that kind of story is common for us all, but guess what you call it? Epic fail!

[Gozie51]

I'm a regular player on Primedice that time and I manage to grow my balance from 0.1BTC to 4BTC within a week of non-stop manual playing using common martingale strategy. I was very happy at that time until I watch some random video on youtube showing tutorial to do automated betting with his setup. I was interested to follow his setup since he shows how much he won.

I think maybe you would have still lost what you gathered with stroke of luck on the long run using martingale even if you didn't watch the YouTube video and followed it because the strategy you used is going to still pull you back to losses if you didn't stop and withdrew your lucky money. Martingale is not a guarantee for continue money in the bank. Just maybe the video brought the epic failure faster than it was expected to happen so don't blame the video all the way. Although changing your gambling pattern when you are in winning is a lesson and to be greedy isn't a wish gambling idea. I have had my own share of fall and greed can pull every winning strategy down.

[Mauser]

Making 4 BTC profit is huge, especially when only starting with 0.1 BTC. I hope you saved atleast some of the profits before you went into automated betting. I looked at automated betting myself a few times in the past, but never really commited to it. The risk of getting into a badbeat scenario where you can't intervene to stop is to great for me. It's better to remain fully in control of my funds and not risk too much at once. I would imagine that if you had done your overnight run manually you would have left long before watching 30 times red in a row. To be honest losing a toin coss 30 times in a row is a one in a lifetime event. It's really rare to be wrong so many times in a row. The longest streak I have seen was 14 or 15 times.

Whats' your epic fail experience in gambling?
Let's see your conclusion and re-evaluate your decision making after the epic fail experience.

My biggest fail experience in gambling was playing drunk one night in Las Vegas. Instead of going straight to my room and sleep after a night out, my friends and I decided it was a good idea to start gambling at 3 in the morning completely wasted. I don't really remember much from that night, just sitting outside the casino at 7 in the morning and realising I lost 700 USD in a few hours. After that I lost all motivation to gamble again during the trip. The only thing left was my entry to a poker a tournament which I also lost due to the bad mindset after losing so much money. It was a very expensive lesson to never gamble again when I am drunk.

[coin-investor]

What could be more epic failed experience than losing control of yourself, it happen to me many times in the past I was always winning and was about to quit but that one last time the only phrase is the always the culprit, I experimented on one last time only and each time I bet and lose there's always an urge to continue playing one more time.

Still happens to me that one last time phrase is a big temptation to lose and it took me a lot of games and experience to realize that, you always lose when you least expected it.

[Fundamentals Of]

Just when you managed to grow your Bitcoin balance from 0.1 BTC to 4 BTC within a week, you suddenly thought of doing it in some other way? Why would you do some changes when you are already making profit? I guess it is more of greed. Am I right? Making 0.1 BTC grow to 4 BTC in a week is not enough. You decided to do something to make even more. This is a sad story.

As far as my experience is concerned, I don't have an epic fail story. It is always the chasing that is making me lose a lot more. That Martingale is one way I usually lose more.

[masulum]

-snip-

Whenever I am gambling on a losing streak, it kind of just makes me angrier and more determined to win back the money I lost, so I put in larger and larger bets and keep losing until everything is gone in the wind

But I think everyone has had that fail.

wth, I was have same experience before, 

What made my experience even sadder was, when I got a win, 10x of what I deposited, I actually expected more wins, because of the 10x that I got, I still haven't returned the capital that I lost before. Guess what, the result was that I lost and spent 10x the win. in the end, I got 2x from the winning, to stop the loss, Ha ha ha...

[TopTort777]

My epic fails in gambling are betting with 1.0x odds. Every time I believe that this is a safe bet and nothing can be changed during last minutes, misfortune happens Cant resist making this silly bets.

My latest fail: forgot to switch altcoin when playing dice, while trying to wager to level up. Was playing dice with 95% percentage and autobet. Accidentally switched from crumbs to BNB, hit all-in and rolled 96. Lost 0.4 BNB in a sec.

[goldkingcoiner]

-snip-

Whenever I am gambling on a losing streak, it kind of just makes me angrier and more determined to win back the money I lost, so I put in larger and larger bets and keep losing until everything is gone in the wind

But I think everyone has had that fail.

wth, I was have same experience before, 

What made my experience even sadder was, when I got a win, 10x of what I deposited, I actually expected more wins, because of the 10x that I got, I still haven't returned the capital that I lost before. Guess what, the result was that I lost and spent 10x the win. in the end, I got 2x from the winning, to stop the loss, Ha ha ha...

hahaha well do not worry friend, we will win it all back next time! Or maybe (probably) lost more.

It becomes even harder to "not win" when before the losing streak you were making really big wins and you thought that you were somehow on lady luck's good side and nothing bad could happen. My mindset when gambling tends to flip flop all over the place until I have absolutely no more money left to lose.

But jokes aside, it is important to have some sort of control over yourself and not to let emotions take over your gambling behavior. But if it does happen, remember that you are only human and it happens to everyone.

[Cling18]

I have many epic fail moments in my gambling experience that I want to share. Some of them is the reason why I keep playing while some are the experience that makes me quit on gambling for more than a year. Let me start with my first epic fail experience when I was addicted on dice way back 2016.

I'm a regular player on Primedice that time and I manage to grow my balance from 0.1BTC to 4BTC within a week of non-stop manual playing using common martingale strategy. I was very happy at that time until I watch some random video on youtube showing tutorial to do automated betting with his setup. I was interested to follow his setup since he shows how much he won. I try it by myself using small bets until I forgot my auto bet running overnight, I was in shocked that balance got zero after hitting more than 30's red streak and all my BTC that I earned for a week is already gone overnight just because I follow some random guy trick while my strategy is working at that time.

After that, I conclude that personally I was so easy to convinced and I didn't care about the risk of what I'm entering when I was happy in my profit. I was not contented on my profit and tiring way that's why I seek some alternative way that make my gambling experience more hassle free. There's no easy formula on gambling to become successful.


Whats' your epic fail experience in gambling?
Let's see your conclusion and re-evaluate your decision making after the epic fail to experience.

We almost have the same epic gambling experience. When I was starting in gambling, I was also doing manual betting but a friend shared his autobet strategy which I applied due to my curiosity and I was amused at first because I got almost green streaks and I thought that it will continue even if I won't look after it. After hours of running errands, I also forgot that I was on auto bet mode and to my surprise, I got zero balance because of the losing streak. From then on, I realized that auto bet couldn't work for us for a long period.

[fiulpro]

Mine would be not taking into account that slots are not worth doing, when bitcoin were not that big I used to play weird games and collect it at the same time there were adverts as well, slots and everything and they have a good payout for me I had a lot at that time and it didn't account to much money so all I did was gamble it all out without considering consequences before the balance went zero and after that just shutting the site down, well then again I shouldn't have been allowed to gamble because I was not only 16 which is underage ofc but at the same time I was not aware of how amazing of an investment would bitcoins become in the future, which turned out great but I lost everything should have known better.

[Boristhecat]

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.

I agree - every player who starts to treat gambling not as entertainment (which obviously involves spending a certain amount of money, so their loss is not assessed as a "problem" but only as a payment), but tries it as an income getting, obviously gets a lot of trouble. By the way, casinos that pay bloggers for various "inventions" of strategies that can beat the casino are doing very dishonorably. But as I understand it, this is almost non-existent now, since in the online world for such tricks you can be canceled by the community.

[Fivestar4everMVP]

One of this epic fails happened to me sometime last month on one of this casinos, I can't remember the name now cus I don't gamble frequently there, Infact, that day was my first day on that casino, I just decided to try the casino out.

I deposited over $150 to the casino and decided to play Crash,(crash is one of the games in the casino), I set my cash out at x2.50 and was playing with very little amount at a go, I started with $5, I won most and lost a few, soon, $5 became $10 and after some losses fell back to $6, then increase back to $12 after a series of win, at some point, I became bored of the little money I get when I win, I decided to increase the amount i play with but reduced my cash out to x2.00, so I continued playing and soon, my initial deposit of $150 has become over $200, I was excited and wanted to win even more, that was how greed set in, I wanted to take a shot that will catapult my money to over $1000 if I win, so I decided to stake every thing, and increase my cash out to x15.00, this was how I lost everything, my over $200 gone under a minute, I didn't know how to feel, i was angry but I knew it was my fault cus I allowed greed to take over me.
 

[KTChampions]

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.

The greatest luck is to get such experience in youth (a kind of inoculation against stupid gambling). Can you imagine what can happen to an adult who has never been interested in gambling and then stumbles upon such an "invention"? This can lead to huge losses which, for obvious reasons, will be more than if the student loses all his pocket money.

[blockman]

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.

Glad to hear that you've recovered at least 65% of that total amount. Because it's really a huge amount that you should have just kept and put it elsewhere as an investment.
Yes, everything is possible as long as you know your own actions and you're still at your sense. You don't let gambling eat your sense or else the worst is yet to come.

[coolcoinz]

I was in shocked that balance got zero after hitting more than 30's red streak and all my BTC that I earned for a week is already gone overnight just because I follow some random guy trick while my strategy is working at that time.

Was it really the fault of auto betting? You were bound to hit that streak sooner or later on manual betting.

What would you do if you had 15 reds? Stop playing? How about 20? Stop or keep rolling? The problem is that people think they would be in control if it wasn't automated, but usually they aren't. Even if we were -50% and had to roll all or noting now to get back in the game most of us would try it instead of letting go and taking the loss.

[ipanks]

snip

He still lost 35% of the total amount of money. But he was indeed lucky because at least he could still recover most of his money. After all, not many people could recover their losses in gambling. We hope that he will not repeat his mistakes in the future and always be careful in gambling because all can be lost due to our own mistakes.

[Poker Player]

Was it really the fault of auto betting? You were bound to hit that streak sooner or later on manual betting.

What would you do if you had 15 reds? Stop playing? How about 20? Stop or keep rolling? The problem is that people think they would be in control if it wasn't automated, but usually they aren't.

I agree 100% with this. Many don't understand probability and streaks and that, at the end of the day, streaks like the ones you comment on end up happening. To the extent that you have been a player over the years seeing improbable streaks pop up doesn't even surprise you anymore.

Even if we were -50% and had to roll all or noting now to get back in the game most of us would try it instead of letting go and taking the loss.

And vice versa as well. If we are in a +50% profit that session we must know how to stop and enjoy the money earned.

[perla]

I read some funny epic fail experience. One of my epic fail experience in gambling is when I am playing manual betting and clicking x2, 1/2 manually where the time where hotkeys are not yet invented by gambling sites, I am winning throughout with my strategy when I accidentally clicked the "Max" button and there is no notification asking you if you wanted to max your bet and, yes, I lose.

[Strongkored]

Whats' your epic fail experience in gambling?
Let's see your conclusion and re-evaluate your decision making after the epic fail experience.

As far as I remember, I have never experienced epic failures. I think I just can't be patient in playing, like last night while playing dice I was tired of seeing the results so I immediately placed a big bet and immediately suffered defeat in a few rounds of what I was targeting to do
Reading your story proves that we often become greedy when we experience many victories and try to keep playing so that the balance continues to increase. Are you going back to using your martingle strategy after this big loss?
The conclusion don't force yourself to keep playing, especially when you're bored and never use auto betting when you're tired because you might experience epic fail like your story.