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Author Topic: Don't gamble if you don't have patience  (Read 1892 times)
Coin_trader (OP)
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May 16, 2023, 04:05:37 PM
 #1

This happened to me already twice in a row. I'm gambling for a long time but this is the first time I experience this kind of messy situation because it involves the fck up mempool.

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

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May 16, 2023, 04:21:10 PM
 #2

This happened to me already twice in a row. I'm gambling for a long time but this is the first time I experience this kind of messy situation because it involves the fck up mempool.

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

Thank you for this feedback, it is very interesting.

I understand completely what you describe and the mental process you went through at that moment.

Do you think you could have put a 24 hour "cool off" period for example? I know most of the casinos proposes this kind of "Responsible Gaming" things. I mean, wouldn't that be a good alternative to the instant withdrawal when the mempool is full?

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May 16, 2023, 04:31:35 PM
 #3

People are different. I have gambled before and withdraw but it did not work after I thought that I will see the money come to my address but I did not see anything. I checked the gambling site again after two days and I saw that the money is still there, but I thought I have withdrawn it. It does not concern and I only just make another withdraw and it was successful. I was happy that I did not choose Arsenal in the coming match which I initially intended to do but I did not. I am not a frequent gambler,  just once in a week or two weeks, so this can not happen to me, but it is a good advice.

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May 16, 2023, 04:34:04 PM
 #4

I understand what you feel about that, I will appreciate your experience so that no one else does the same thing as you, after all, we all know that bitcoin transactions are stuck in the mempool, so look for alternatives to use other cryptos which is faster to get confirmation and also easy to use, this will also be your experience not to rush to use a bitcoin deposit when you are busy.

I also don't blame you but I think this will be a lesson for all of us and also the most important beginner so that we are not too hasty to make a decision to make a deposit to a casino where the mempool network is jammed or full for example bitcoin, I will choose another alternative if I were you and get my transaction it will be confirmed quickly.  Wink

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May 16, 2023, 04:39:07 PM
 #5

This happened to me already twice in a row. I'm gambling for a long time but this is the first time I experience this kind of messy situation because it involves the fck up mempool.

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

Yeah, I have the same experience but in the land based casinos, so I go with some of my friends, and I started to win very early and so I said I'm done already because I have at least doubled my funds and I'm ready to go.

However, majority of them wanted to stay and play so I just waited for them. I don't want to be that guy that will leave your friends right? but while waiting for them, just play some slots until I started to lost and wanted to get it back, in the end I lost all my winnings and my bankroll. If I just have the patience to just watch them play and keep the money in my pocket, then I still have that winnings.

R


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May 16, 2023, 04:42:04 PM
 #6

Probably just one of those days that your mind really plays on you. And definitely if not for the mempool clogging and those who are spamming the network, you might have withdraw that in time and didn't have the itch to play will playing it to be confirmed.

So another big and expensive lessons to learned and I guess this is applicable to all gamblers. That mental toughness though, it's hard to practice and sometimes as the OP has said, it will really f**k us up badly and we can't control ourselves.

R


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May 16, 2023, 04:49:30 PM
 #7

This is what gamblers should know, that if you are lucky and win, withdraw your money and leave only little to gamble with next time. The second one is that if you are losing, stop gambling for the day and wait for the next day or wait for later when you will not gamble because you lose. While gambling, greediness should be taken away because this is what that happens to most gamblers that win but want to win more and continue to gamble.

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May 16, 2023, 05:19:03 PM
 #8

I respect your experience so this must be bitter which results in you resting for a while because indeed it is to rest your mind and mind from winning to losing everything.

People always have different ways of dealing with this kind of thing, but I have also experienced where when a big win occurs but there is still a curiosity to play to multiply a bigger one but in the end you have to fail because of consecutive losses so you increase the bet doubled to cover the previous loss, I know this is the wrong way because I get emotional and impatient in the winning process until it finally becomes a lesson for us as gamblers.

But now I prefer to withdraw everything when the win occurs and then tomorrow will deposit back a little money to try my luck again.

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May 16, 2023, 05:26:04 PM
 #9

This is what gamblers should know, that if you are lucky and win, withdraw your money and leave only little to gamble with next time. The second one is that if you are losing, stop gambling for the day and wait for the next day or wait for later when you will not gamble because you lose. While gambling, greediness should be taken away because this is what that happens to most gamblers that win but want to win more and continue to gamble.
In reality when there is continuous winning, the gambler continues to gamble out of greed. One out of ten might have the right understanding and take a break out of satisfaction. Whether one is on the winning streak or losing, it is good to take a break. When you take break, it lets the gambler to analyse the gambling activity and move forward.

Even if one isn't able to have patience, he/she should have the control over the funds, because we don't know how far the person gonna be lucky or not. Most of the time even the person who have got good self control, losses patience when the bets continuously fails.

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May 16, 2023, 06:44:15 PM
 #10


Running out of patience is always a problem we don't easily get rid of and most of the time it results differently from what we hope. You already tripled the amount and then lost everything.

I needed the money. I stop betting $1 and the faster I can make money the faster I can get out of the site and as I'm saying to myself so doubling down fast in a coffee break just using my phone. Before I could even go back to my job, I already lost it all.


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May 16, 2023, 06:44:43 PM
 #11

Almost all gamblers have experienced chaos like you experienced, that's very bad but sometimes the bad comes accidentally and we won't realize that we will be affected by a situation that makes everything worse.
As it happens the chaos that you experience is triggered by the slowness of the mempool which might irritate you after it ends all in.
very sorry to see what you have experienced but your story gives a good lesson for us to take.

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May 16, 2023, 06:54:01 PM
 #12

It is obviously very sad feeling to lose money all the time. But this is how gambling works. You can/may lose everything you are gambling with. When you keep losing your temper you will end up losing all your funds. This endless loses following each other will result in you getting very frustrated. I think its best to be very patient and possibly go away from keyboard or smart phone. Anything you are gambling through. You may force your account to not allow you sign in for couple of days possibly. This can help you combat terrible situation.
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May 16, 2023, 07:18:29 PM
 #13

Base on what you said topic, gamblers must be patient to see the outcome of the game and before drawing the line of conclusion. This recent happening in the bitcoin blockchain affect and spoiled many things. No gambler likes to loss money but it's is an inevitable that a gambler must loss. But there are available loss in the gambling arena. Those avoidable ones are the ones that you being a gambler see that if you play you must loss yet you still go ahead and play the game. And probably that was what I am thinking from the op case. Op would left the game since the withdrawal was given some challenges.
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May 16, 2023, 07:30:23 PM
 #14

This happened to me already twice in a row. I'm gambling for a long time but this is the first time I experience this kind of messy situation because it involves the fck up mempool.

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

Why did you start playing if you decided to withdraw funds? I understand that this is a rhetorical question, but this behavior seems strange to me. Plus, let's say you were able to successfully withdraw funds, then what would stop you from returning everything back and losing after a new unsuccessful session (especially if the mempool was free and transactions were fast)? I think it's not about input/output speed, but about discipline.

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May 16, 2023, 07:37:21 PM
 #15

Is there no other options to make deposit to that gambling site??
You would have deposited with other currency maybe after you gamble and wins then you might decides to withdraw with bitcoin. I don't really know if that gambling site allows that because I know there are some gambling you could make deposit of any currency while at the returning ends you may decide to use other currency to withdraw as well. Usually gambling is not a game of rush, it needs time and patient to be able to succeed.

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May 16, 2023, 07:57:10 PM
 #16

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

Thank you for sharing your experience but this could have been easily avoided by depositing with other option on the casino. All the casinos sites that I have used to gamble has different deposit options and some have both cryptocurency and fiats deposit options.

If we experience similar congestion in the future then just use other deposit option to avoid experiencing similar problem. We can't blame the gambling sites as it wasn't their fault that your deposit wasn't confirmed on time also keep spare gambling money on the site.

When you have your gambling funds on the casino, it eliminate waste of time to wait for the miners to confirm your transaction and gives you enough time to bet. Don't keep all your money on the gambling sites since they can shutdown but always have some spare over there.

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May 16, 2023, 08:16:37 PM
 #17

This happened to me already twice in a row. I'm gambling for a long time but this is the first time I experience this kind of messy situation because it involves the fck up mempool.

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

Thank you for this feedback, it is very interesting.

I understand completely what you describe and the mental process you went through at that moment.

Do you think you could have put a 24 hour "cool off" period for example? I know most of the casinos proposes this kind of "Responsible Gaming" things. I mean, wouldn't that be a good alternative to the instant withdrawal when the mempool is full?
Agreed. You can't change the world, only yourself. Had you reacted a little differently during that situation, and waited instead of pushing for it knowing that you are already aggravated by the inconvenience that the lack of instant withdrawal is giving you, you might have been able to bag your wins. So for that matter, control your emotions and yourself, and no amount of inconvenience will ever shake your confidence and your mental stability.

I'd agree with him over the fact that he put up a warning to all people who were once like him, kind of a cautionary tale, but much of this could've been avoided if he only cleared his mind and made the right choice. Oh well, no use crying over spilled milk. Just move on and don't do that stuff again OP.

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May 16, 2023, 08:19:16 PM
 #18

~

I had such a situation that due to the workload of the BTC network and the commission I set incorrectly, I had to wait a week for the deposit to be replenished.

I don't understand your frustration about this. Many casinos offer their users deposits in other cryptocurrencies. Having made a mistake when replenishing a deposit, you lost control - this led to even more mistakes.

As they say, a bad experience is also an experience, so do not despair and be more careful next time.

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May 16, 2023, 08:50:53 PM
 #19

This happened to me already twice in a row. I'm gambling for a long time but this is the first time I experience this kind of messy situation because it involves the fck up mempool.

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

These gambling companies are using all sorts of creative and devious algorithms behind the scenes to manipulate people into losing money. The whole gambling setup is often located in a blackbox that you will never be able to analyse or dispute. If you do happen to get lucky short term, then either the natural variance will be lost to the inbuilt house advantage or they will speed up the process, targeting you with a string of losses to return their money out of your account. You should definitely avoid working with casinos that have large delays built in around withdrawals or put too many steps into place to prevent you getting money out. They should be as fast giving you money as they were to receive it.

R


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May 16, 2023, 08:58:59 PM
 #20

This happened to me already twice in a row. I'm gambling for a long time but this is the first time I experience this kind of messy situation because it involves the fck up mempool.

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!
Last few days due to mempool issue extra fee is charged for bitcoin withdrawal or deposit and waiting for extra time for deposit. In this case those who have deposited before this problem do not have to face this problem but those who have withdrawn all dollars from gambling and casino sites are facing huge problems and have to deposit again.They have to wait a long time. I usually don't withdraw every week or every day from my casino site but withdraw once a month in a certain part of the month which is why I don't have to deposit at the moment and I'm not facing this problem.

SUGAR
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