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Author Topic: The Biggest Wins with lowest risks in Casino History  (Read 5995 times)
South Park
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September 09, 2022, 07:43:40 PM
 #261

The problem is that we always know about winners. And in 99% it is not you. The same time we know that casino always wins. And this fact doesn`t stop gamblers. Lots of them think that he can be the one of the winners. Everybody knows about it, but casino still wins and the gamblers still lose.
And of course these winnings are rear but maths says that such win possible every day, and trying to wait several years without bets can`t be the best strategy, or even it doesn`t improve your chances.
I believe more gamblers spend more of their money than they make money from casinos. but still, Casino is an interesting place for us to always visit and have fun.
I am sure the gambler will ignore his 1% chance of winning. because they have their way of entertaining themselves while playing and spending money.
To be honest, the casino games are very fun. but all will be bad when all our money runs out at the casino.
I think that casino is like a sport event or cinema. You pay money for emotions, for fun. When i go gambling i decide before it that this money i spend. If i win smth - it is just additional bonus, additional emotions.
And if someone wants to get money for life from casino - it is a big mistake, often it means that this man will lose all his money without any result.
This is the same view that I hold as well, that is what they are for and casinos tell you that directly, they are for entertainment purposes and anyone thinking about making a fortune with them is probably going to end up being incredibly disappointed by the results they get, after all we need to think about this by being rational, a casino exist to provide a service and any business is looking to make money as a result of providing that service, if they instead lost money to the gamblers then it will be impossible for them to remain in business for long which is against what they want to achieve, so it is the gamblers that have to lose money for the casino to remain in business.
coinerer
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September 10, 2022, 11:29:12 AM
 #262

Gambling is such a bad addiction that when a person indulges in it, a temptation works in that person and even if he win a huge amount, his greed does not diminish and he goes on to gamble again and again. and a huge sum of money he/shel continue to invest on gambling purpose  .and at some point he loses his entire money there. So you have to control yourself from the time you start gambling otherwise you won't be able to control yourself later
Do you think that controlling yourself is an easy task in gambling? This is one of the most difficult tasks for me. That is why before gambling one should be sure about the purpose of gambling. If a gambler is financially well and spends his busy days with his working, the word addiction will never come up. But most of the time what happens is long time gambling in a day leads to addiction.

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Mauser
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September 10, 2022, 02:10:56 PM
 #263

Do you think that controlling yourself is an easy task in gambling? This is one of the most difficult tasks for me. That is why before gambling one should be sure about the purpose of gambling. If a gambler is financially well and spends his busy days with his working, the word addiction will never come up. But most of the time what happens is long time gambling in a day leads to addiction.

I agree with you, controlling emotions when gambling is very hard and requires a lot of discipline. Even now after years of gambling my brain likes to play mind games with me and tries to trick me into playing longer than I should. Especially during losing streaks I feel the pressure to play one more round, because my brain tells me I am going to win and recover. It's all about staying rational and keep reminding myself that the odds of winning in a casino are independent and not cumulative. I think that addiction starts to manifest when we use money for gambling that we can't afford to lose and shouldn't have touched. Once we give into that pressure it's hard to come back. That is why it's so important for me to have fixed boundaries I will not break, one of them is to a fixed budget per week and month dir gambling. It gives me freedom to decide when to gamble, but once I reach my loss threshold I have to stop. And of course l have to stick to my own restrictions, there is no point in cheating myself.
Fredomago
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September 10, 2022, 05:07:34 PM
Merited by LUCKMCFLY (1)
 #264


A casino will always have the advantage, and when a person wins, they should take their winnings and even half of them should be enjoyed and the other half should be dedicated to investing in anything, be it crypto, real estate, or something similar.

If the person/gambler have that kind of mindset, he will enjoy those earnings and it will change his financial capabilities, if you can divert those winning money to a new passive ways of investment, the chance that while enjoying your gambling you are also getting a good amount of money from your investment, though it's not easy and maybe there are few gamblers who are good in terms of controlling their bankroll but most of the time, those who's been so drunk with winning amount mostly ends up in losing everything back into gambling.

Do you think that controlling yourself is an easy task in gambling? This is one of the most difficult tasks for me. That is why before gambling one should be sure about the purpose of gambling. If a gambler is financially well and spends his busy days with his working, the word addiction will never come up. But most of the time what happens is long time gambling in a day leads to addiction.

I agree with you, controlling emotions when gambling is very hard and requires a lot of discipline. Even now after years of gambling my brain likes to play mind games with me and tries to trick me into playing longer than I should. Especially during losing streaks I feel the pressure to play one more round, because my brain tells me I am going to win and recover. It's all about staying rational and keep reminding myself that the odds of winning in a casino are independent and not cumulative. I think that addiction starts to manifest when we use money for gambling that we can't afford to lose and shouldn't have touched. Once we give into that pressure it's hard to come back. That is why it's so important for me to have fixed boundaries I will not break, one of them is to a fixed budget per week and month dir gambling. It gives me freedom to decide when to gamble, but once I reach my loss threshold I have to stop. And of course l have to stick to my own restrictions, there is no point in cheating myself.

It's more on how you condition yourself and how you seriously practicing your strategy, not easy and with how I understand your reasons it's really something that demand inside your mind each time you are suffering from losing streak, that echo who keeps telling you to try it again and giving your the boost that you will win on your next try..

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Wakate
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September 10, 2022, 08:01:36 PM
 #265

Gambling is such a bad addiction that when a person indulges in it, a temptation works in that person and even if he win a huge amount, his greed does not diminish and he goes on to gamble again and again. and a huge sum of money he/shel continue to invest on gambling purpose  .and at some point he loses his entire money there. So you have to control yourself from the time you start gambling otherwise you won't be able to control yourself later
Do you think that controlling yourself is an easy task in gambling? This is one of the most difficult tasks for me. That is why before gambling one should be sure about the purpose of gambling. If a gambler is financially well and spends his busy days with his working, the word addiction will never come up. But most of the time what happens is long time gambling in a day leads to addiction.
Self contr is one of the biggest challenge as a gambler and sometimes when I see people talking about gambling addiction and making decisions easily, I just laugh because you like you ha e explained, it is never easy to control oneself when someone had already been into gambling for long.

I could remember when I was little, not even of to the age of been qualified to gamble. I normal go to gambling house to look at the way people gambles and ask some questions at times. As time goes on I because a addicted gambling even though I never have the fund to gamble to my satisfaction. What really saved me then was the day my father came to the gambling house to warn the owner of the place of arresting him if he sees me there again.

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lionheart78
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September 10, 2022, 08:21:09 PM
 #266

You are right, not even the calculation is comparable to the biggest win even if someone has gambled for 5 years, the simple calculation above has even proven that he only spent +$54k for 5 years, so the above win is very rare even in the future the list of records above remains and impossible to be surpassed.

For 50 years, mate, not five, but fifty. I showed in my calculation above that even buying a $3 ticket every single day for 50 years in a row, and losing all that money, would constitute an amount much lower than a Jackpot.

What I meant was that a rhetoric such as "he has probably lost more money before he won that prize" isn't suitable for Jackpot winners, or very rarely suitable anyway.

But if we compute it in a way the prize would just be the guaranteed win($1 million), then a person doesn't limit his bet to $3 but bets $60 a day for the tickets for 50 years might have spent way more than the guaranteed win amount.  , then the rhetoric you stated would be suitable for that jackpot winner Grin, but of course, the total money spent on the given scenario is way too little if we compared it to mega jackpots amounting to hundreds of millions to billions of dollars.

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mak013
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September 11, 2022, 05:36:47 AM
 #267

I think that casino is like a sport event or cinema. You pay money for emotions, for fun. When i go gambling i decide before it that this money i spend. If i win smth - it is just additional bonus, additional emotions.
And if someone wants to get money for life from casino - it is a big mistake, often it means that this man will lose all his money without any result.
This is the same view that I hold as well, that is what they are for and casinos tell you that directly, they are for entertainment purposes and anyone thinking about making a fortune with them is probably going to end up being incredibly disappointed by the results they get, after all we need to think about this by being rational, a casino exist to provide a service and any business is looking to make money as a result of providing that service, if they instead lost money to the gamblers then it will be impossible for them to remain in business for long which is against what they want to achieve, so it is the gamblers that have to lose money for the casino to remain in business.
Every business created for getting profit, it`s ok - no one wants to work for free. And a casino gives a chance to win. Only chance, no any guarantee. For the normal gambler, who wants to get emotions from the process - it is enough. The problem only with gamblers that sure that they must win, some of them we see even on this board.

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ethereumhunter
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September 12, 2022, 10:20:41 AM
 #268

Every business created for getting profit, it`s ok - no one wants to work for free. And a casino gives a chance to win. Only chance, no any guarantee. For the normal gambler, who wants to get emotions from the process - it is enough. The problem only with gamblers that sure that they must win, some of them we see even on this board.
Every casino is required to work hard so that it can start to get it after a while and continues to increase with time and effort. Indeed casinos give gamblers a chance to win but we, gamblers, must remember that casinos will not always allow us to win. There will be times when we lose, namely when we lose self-control and at that time, the casino will take over so that we lose and cannot achieve the goals we want. So it will not be easy to get big profits with small capital because of the losses we may get every time.

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September 12, 2022, 02:03:12 PM
 #269

~
Winning the jackpot is not easy. Unless you're very lucky, it's never possible. I also find that where there are people who have been trying for a long time but they are getting success, then again someone new comers get that opportunity. In games like lottery or jackpot, roulette, whatever you say, all are lucky winners and those who are trying more they just to be a lucky one. And the mentioned winners are not an ordinary in the current context. As a result, they will remain in history.

Like being lucky is something you can have for life. Smiley Anyone can be lucky at any moment, so winning a Jackpot is possible for everyone.

~

But if we compute it in a way the prize would just be the guaranteed win($1 million), then a person doesn't limit his bet to $3 but bets $60 a day for the tickets for 50 years might have spent way more than the guaranteed win amount.  , then the rhetoric you stated would be suitable for that jackpot winner Grin, but of course, the total money spent on the given scenario is way too little if we compared it to mega jackpots amounting to hundreds of millions to billions of dollars.

How on earth it can be guaranteed, mate? Smiley Unless you cover all possible combinations(more than 300 million), it's not guaranteed, and with covering all of them you will surely be at a loss, unless you are one of them MIT students in the early 2000's, but that's another story, which will never happen again, btw.

.
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September 12, 2022, 02:42:29 PM
 #270

Every business created for getting profit, it`s ok - no one wants to work for free. And a casino gives a chance to win. Only chance, no any guarantee. For the normal gambler, who wants to get emotions from the process - it is enough. The problem only with gamblers that sure that they must win, some of them we see even on this board.
Every casino is required to work hard so that it can start to get it after a while and continues to increase with time and effort. Indeed casinos give gamblers a chance to win but we, gamblers, must remember that casinos will not always allow us to win. There will be times when we lose, namely when we lose self-control and at that time, the casino will take over so that we lose and cannot achieve the goals we want. So it will not be easy to get big profits with small capital because of the losses we may get every time.

We all seem to deserve a big win and likewise the casino operators wanted to earn some reasonable income through our gambling from the services offered, this is a clear picture that we both work in hand to synergies each other achieve its goal, just thesame way you will make a win and the casino will not denied you of your winning except in sone rare case where the gamblers abuse the system, try to manipulate or needed to undergo their required mandatory kyc of a thing, so when a gambler loose a game, it shouldn't be a thing of much worries because the casinos as well looses in some aspect also from their end and make profits just as you did when you make a win as well.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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September 12, 2022, 03:34:03 PM
Last edit: September 12, 2022, 03:52:02 PM by CryptoHeadlineNews
 #271

I also agree with it, some people only win in the casino and dedicate it to continue betting and betting and I know real cases, where a person who bets in a physical casino betting house loses everything they win quickly and does not even they can enjoy, this is something that does not go only to the plan of greed but to another level,

There is always this natural tendency that a money which comes quickly always goes quickly the same way it came, if I'm not mistaken because that's one thing I have noticed about majority of money won as a result of gambling activities. I so much agree with what you just said above, that when some persons win a certain amount, they tend to dedicate half if not whole for betting with the aim they may get lucky just like the previous, but unfortunately sometimes ends up squandering the whole funds. Which is why most persons who won huge, can still go back to poverty in few months simply as a result of poor money management skills

R


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September 12, 2022, 03:41:34 PM
 #272

Every business created for getting profit, it`s ok - no one wants to work for free. And a casino gives a chance to win. Only chance, no any guarantee. For the normal gambler, who wants to get emotions from the process - it is enough. The problem only with gamblers that sure that they must win, some of them we see even on this board.
Every casino is required to work hard so that it can start to get it after a while and continues to increase with time and effort. Indeed casinos give gamblers a chance to win but we, gamblers, must remember that casinos will not always allow us to win. There will be times when we lose, namely when we lose self-control and at that time, the casino will take over so that we lose and cannot achieve the goals we want. So it will not be easy to get big profits with small capital because of the losses we may get every time.
Casino always win. Even if one gambler win - 10 gamblers lose. If you are lucky enough to be this winner - it doesn`t mean that the casino lose - they get their profit from the other gamblers.
And every casino understand this situation and try their best to attract gamblers and you`re right - it is a work and who works harder - get more gamblers, get more profit.
Situations, that the OP showed us in this thread are extremely rare, so for 1 winner there are thousand of losers. We must remember it when we gamble.

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.Duelbits.
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ethereumhunter
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September 13, 2022, 05:56:43 AM
 #273

We all seem to deserve a big win and likewise the casino operators wanted to earn some reasonable income through our gambling from the services offered, this is a clear picture that we both work in hand to synergies each other achieve its goal, just thesame way you will make a win and the casino will not denied you of your winning except in sone rare case where the gamblers abuse the system, try to manipulate or needed to undergo their required mandatory kyc of a thing, so when a gambler loose a game, it shouldn't be a thing of much worries because the casinos as well looses in some aspect also from their end and make profits just as you did when you make a win as well.
We do deserve big wins from casinos but we also have to be aware that we can't keep winning big but can also get lots of losses. We shouldn't manipulate or abuse the system in the casino because it will affect our accounts and I don't think we want that to happen either. When we can make a profit from the casino, it is better for us to immediately finish the game and get out of the casino and enjoy the advantage rather than continue to play.

Casino always win. Even if one gambler win - 10 gamblers lose. If you are lucky enough to be this winner - it doesn`t mean that the casino lose - they get their profit from the other gamblers.
And every casino understand this situation and try their best to attract gamblers and you`re right - it is a work and who works harder - get more gamblers, get more profit.
Situations, that the OP showed us in this thread are extremely rare, so for 1 winner there are thousand of losers. We must remember it when we gamble.
It's true what you say and we have to understand how gambling works so we don't get too deep into gambling. We can win, but some gamblers are bound to lose and vice versa. By understanding this, we can certainly overcome or reduce the number of losses in gambling and will not try to chase those losses because we know that it will not be easy.

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September 13, 2022, 12:30:13 PM
 #274

Casino always win. Even if one gambler win - 10 gamblers lose. If you are lucky enough to be this winner - it doesn`t mean that the casino lose - they get their profit from the other gamblers.
And every casino understand this situation and try their best to attract gamblers and you`re right - it is a work and who works harder - get more gamblers, get more profit.
Situations, that the OP showed us in this thread are extremely rare, so for 1 winner there are thousand of losers. We must remember it when we gamble.
It's true what you say and we have to understand how gambling works so we don't get too deep into gambling. We can win, but some gamblers are bound to lose and vice versa. By understanding this, we can certainly overcome or reduce the number of losses in gambling and will not try to chase those losses because we know that it will not be easy.
The main idea is that you mustn`t believe that you win. If you gamble just for fun - you easy lose and win some money that you are ready to lose. I don`t sure that we can reduce the number of losses - we continue gambling and continue to lose, but surely we reduce the number of stories how someone lost all his money and have nothing to eat.

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.Duelbits.
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September 13, 2022, 02:55:38 PM
 #275

I also agree with it, some people only win in the casino and dedicate it to continue betting and betting and I know real cases, where a person who bets in a physical casino betting house loses everything they win quickly and does not even they can enjoy, this is something that does not go only to the plan of greed but to another level,

There is always this natural tendency that a money which comes quickly always goes quickly the same way it came, if I'm not mistaken because that's one thing I have noticed about majority of money won as a result of gambling activities. I so much agree with what you just said above, that when some persons win a certain amount, they tend to dedicate half if not whole for betting with the aim they may get lucky just like the previous, but unfortunately sometimes ends up squandering the whole funds. Which is why most persons who won huge, can still go back to poverty in few months simply as a result of poor money management skills

Being so excited  with huge amount of money  that they've won the mindsets are being manipulated by gambling,  I mean after enjoying  that earnings out from the casino  gambler thinks that they can just simply repeat it again and again,  the fact that aside from those who are already  experienced gamblers who understand  the risk, most who of those who  managed to win huge  also lost it back.

You need  to work well with handling or managing your money so you won't experience huge losses back and you may enjoy the money to establish business and be financially stable after.

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September 13, 2022, 03:26:53 PM
 #276

Being so excited  with huge amount of money  that they've won the mindsets are being manipulated by gambling,  I mean after enjoying  that earnings out from the casino  gambler thinks that they can just simply repeat it again and again,  the fact that aside from those who are already  experienced gamblers who understand  the risk, most who of those who  managed to win huge  also lost it back.

You need  to work well with handling or managing your money so you won't experience huge losses back and you may enjoy the money to establish business and be financially stable after.

The so carried away gamblers that fall into the fortune of realising a big win actually forgot it's not in most case a continuous thing, by then they would have forgotten but rather keep spending much than ever before in other to be able to make another win which has been a failed attempt over time because gambling money is just somehow tied to the gambling network in the sense that no how you can make a big winning and depart from playing gamble again to settle for something else, I don't blame them because this are part of the consequences of being addicted to doing something with gambling.



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September 13, 2022, 08:40:58 PM
 #277

Everyone knows that gambling is a combination of luck and skill, but how much control can you have over luck? Gamblers are spending thousands of dollars or more, what did we get in return? But there are many people in this world who spend very little but get a lot.
The skill aspect of gambling is base on the kind of game played by the gambler but all the games in the world need luck, luck is the primary thing every gambler needs. Luck can only come through prayer. Professional gamblers do not afraid to use the thousands because they know that definitely out 10 games one or more must be won but the baby gamblers who just join the gambling market are also afraid to spend big money because they are afraid to loss it. Gambling does not need spending of big or small amount. Even you spend $5, you can win millions, as you said earlier, the skill which the kind of game you played, the luck you have on the game, and how good are you in the prediction aspect of the game. 


So I think people who don't have enough money should gamble with small amounts of money which would be comparatively less risky.

Do you have any memorable events where your expenses were very low but you got relatively high returns in casino gambling or any kind of Sports betting?

Yes for the risk management one has to spend little amount of money to bet or play games but remember the amount of money use in playing game can not predict your win. It is only reduces your anxiety.

Last week I used $10 to place a bet of 10 games which was to win $25 millions, out of the 10 games it was one game spoiled (cut) the slip. Now it was not the money that I spent to played the games pained me but the amount that I would have won.  So, not necessarily the spent amount but also the wins amount pains someone.

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September 13, 2022, 09:20:45 PM
 #278

Being so excited  with huge amount of money  that they've won the mindsets are being manipulated by gambling,  I mean after enjoying  that earnings out from the casino  gambler thinks that they can just simply repeat it again and again,  the fact that aside from those who are already  experienced gamblers who understand  the risk, most who of those who  managed to win huge  also lost it back.

You need  to work well with handling or managing your money so you won't experience huge losses back and you may enjoy the money to establish business and be financially stable after.

The so carried away gamblers that fall into the fortune of realising a big win actually forgot it's not in most cases a continuous thing, by then they would have forgotten but rather keep spending much than ever before in other to be able to make another win which has been a failed attempt over time because gambling money is just somehow tied to the gambling network in the sense that no how you can make a big winning and depart from playing gamble again to settle for something else, I don't blame them because this is part of the consequences of being addicted to doing something with gambling.

That's one of the reasons why huge gambling winners spent their winnings easily. They focus more on winning again and they become greedy thinking that they could easily regain the losses which usually ends up in gambling addiction. They feel confident that they could always win because they have experienced it already which is a wrong mindset.
One of the most common mindset of gamblers is that despite of all the losses you do have and on the time you do able to hit bit then you would definitely forget all of those losing moments yet you would

really be believing that you are neither on profits or break even and minding to bet even more and hope that you could really make that next hit which would really be molding you into a gambling addict

later on.You should really make yourself that be aware with your actions because if you dont then you would really fall into this condition.Its true that you could make lots with having those low bets
but considering on how many bets you should gonna make unless if you are lucky enough then it will surely hit.
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September 13, 2022, 09:30:34 PM
 #279

They focus more on winning again and they become greedy thinking that they could easily regain the losses which usually ends up in gambling addiction. They feel confident that they could always win because they have experienced it already which is a wrong mindset.
Greediness is one of the reasons, indeed, but not the only one. Gamblers tend to forget about their previous losses and how much they have spent every time they hit a big win. They consider their winnings as free money which is a wrong belief as they could have spent more than what they earned (not talking about those who made insane wins). Because of this, they usually wouldn't mind spending more and even start placing higher bet. And we all know how this usually ends!

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September 14, 2022, 05:03:48 AM
 #280

Casino always win. Even if one gambler win - 10 gamblers lose. If you are lucky enough to be this winner - it doesn`t mean that the casino lose - they get their profit from the other gamblers.
And every casino understand this situation and try their best to attract gamblers and you`re right - it is a work and who works harder - get more gamblers, get more profit.
Situations, that the OP showed us in this thread are extremely rare, so for 1 winner there are thousand of losers. We must remember it when we gamble.
It's true what you say and we have to understand how gambling works so we don't get too deep into gambling. We can win, but some gamblers are bound to lose and vice versa. By understanding this, we can certainly overcome or reduce the number of losses in gambling and will not try to chase those losses because we know that it will not be easy.
The main idea is that you mustn`t believe that you win. If you gamble just for fun - you easy lose and win some money that you are ready to lose. I don`t sure that we can reduce the number of losses - we continue gambling and continue to lose, but surely we reduce the number of stories how someone lost all his money and have nothing to eat.
What if we just have fun and don't think about the end result so that we don't expect too much to get a win, especially a big one. I think it will be better because our goal is just to have fun playing gambling and if we have already lost, we will exit the game and not continue playing again. It will reduce the story of our defeat and we will also have money to use for other purposes.

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