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Author Topic: Most you have ever lost in one session?  (Read 889 times)
len01
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November 08, 2023, 02:07:31 PM
 #101

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago
from my experience I only once lost the biggest loss in 1 session around $350 on a fiat bet on a roulette game and if I remember at that time I was overcome by very high emotions chasing losses and in the end I still lost everything but thats okay it made it the best experience ever I've experienced.

wait a minute you said you lost $200,000 in 1 session? If I may ask, what is your aim in betting such a large amount? to chase defeat or just for fun?
IMO, if you are able to bet large amounts, perhaps losing will not reduce your wealth because I am sure you are a rich person.
While each person can do whatever they want with their money, at the same time losing so much money in a single session seems like it is too much, after all with that amount of money you could do many other things to entertain yourself which will last longer than the few hours the average gambling session last, so maybe it is time for the OP to think about other hobbies they may like, since gambling so much regardless of their level of wealth seems to be unsustainable.
out of control, that the problem. we all will never know when we have to experience this because one day when we usually gamble with small amounts there are times when we lose control depositing large amounts to follow the emotions that are controlling our minds and usually such incidents occur when someone experiences a losing streak and when his mental situation is not good so it is very easy to lose control and I am sure you have also made this mistake but if you have never experienced this, maybe who knows when you will experience it.

so we will never be aware of using a large amount in just 1 session but when everything is gone we will realize that the large amount could have been used for other things or for gambling for a long time.

-snip
Don't be too serious OP is just a Newbie and only made two posts then left this thread and it will generate a lot of responses, coming back again with proof he didn't include any proof of what he spent the money on and what bets he made with that amount of money, nothing evidence such as screenshots that confirm that he is correct, in fact it has been confirmed that it is just a post made up by the OP to enliven this thread.

If he really spent that money in just one session he would definitely be considered a crazy gambler and I'm sure even rich people wouldn't waste that much money in just one session, after all that seems impossible for many people with that amount of money. big and huge for all users on this forum. no matter how heavy a gambling addict is, they won't place bets like OP did.,  Grin
yep, I already knew the truth before, its just that I appreciate it a little because we here anonymously dont know the truth or are just lying but what is certain is that here we are just trying to believe what the OP said even though it seems impossible.

regarding rich people spending large amounts of money just for 1 session, it was actually discussed a long time ago in another thread spending $1 million in sports betting with odds @1.01 very sad.

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November 08, 2023, 02:43:21 PM
 #102

It's all about how to manage proper risk in betting. Since it's a huge amount, it's seems to be hard to believe that you've lost it in one session and if the reason is for fun and leisure only, I bet you're super rich person because you can use high dollar amount for gambling. Better to take a break in gambling and create a management plan how to use money in gambling correctly.
Yes, it's all about managing the risk of losing in betting because we can't always win in gambling, while losing is just waiting for its time to take all the money we use to bet. It's normal if you are a super rich person who has bet a lot of money and lost, but you don't want to stop gambling because you still have more money ready to be used for betting. But if you don't have a lot of money, you have to manage a budget for betting, which means allocating funds for betting because we can't use all the money, especially if it is a salary we prepare to meet our daily needs. If we use all the money to gamble, we will have difficulty meeting our daily needs.

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November 08, 2023, 05:02:10 PM
 #103

It's all about how to manage proper risk in betting. Since it's a huge amount, it's seems to be hard to believe that you've lost it in one session and if the reason is for fun and leisure only, I bet you're super rich person because you can use high dollar amount for gambling. Better to take a break in gambling and create a management plan how to use money in gambling correctly.
Yes, it's all about managing the risk of losing in betting because we can't always win in gambling, while losing is just waiting for its time to take all the money we use to bet. It's normal if you are a super rich person who has bet a lot of money and lost, but you don't want to stop gambling because you still have more money ready to be used for betting. But if you don't have a lot of money, you have to manage a budget for betting, which means allocating funds for betting because we can't use all the money, especially if it is a salary we prepare to meet our daily needs. If we use all the money to gamble, we will have difficulty meeting our daily needs.
Even you have a lot of money, the money they have are disposable, it means it is spare or allocated to gambling. Rich people doesn't usually go bankrupt by doing gambling, most of them knows how to manage their emotions or manage their funds given that it is their hard earned money for years and they are caring for it. It's just that there are many rich gamblers that are being crazy on gambling by beating their all time high wins, which can be the source of their endorphins. At the end of the day, it is our money and it is our responsibility in our gambling vice.

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Webetcoins
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November 08, 2023, 05:40:40 PM
 #104

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago
You are either too rich to be able to afford to lose that much or extremely irresponsible and have spent everything you have ever had in your life on gambling. Though it's your money and you are the one who should decide where it should go, you could do a lot of things with that money. A person can start a mid-scale business with that amount if they live in a developing country or somewhere where there isn't very high inflation at the moment.

Anyways, talking about personal experiences, I think the most that I've ever lost in a single session was 0.3 BTC which was many years ago and Bitcoin wasn't as expensive as it is today or it was before a couple of years ago. I wasn't an addicted gambler but I just got carried away and lost it all in a very short span of time.

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November 09, 2023, 05:21:19 PM
 #105

~snip~
Even you have a lot of money, the money they have are disposable, it means it is spare or allocated to gambling. Rich people doesn't usually go bankrupt by doing gambling, most of them knows how to manage their emotions or manage their funds given that it is their hard earned money for years and they are caring for it. It's just that there are many rich gamblers that are being crazy on gambling by beating their all time high wins, which can be the source of their endorphins. At the end of the day, it is our money and it is our responsibility in our gambling vice.
That's the difference between rich people and most gamblers, but unfortunately, many gamblers don't realize this, which makes them still want to chase their winnings. If they lose, they will try to recover from their loss, and in the end, they will only lose control of their emotions, causing them to experience even more losses. Meanwhile, rich people know that they just need to get so much fun out of gambling that if they lose, they'll take it as part of their frequent donations to charity. They don't worry about losing because they know that in gambling, there will definitely be wins and losses, and if they lose, they will just stop gambling and enjoy the remaining time by chatting with their friends.

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November 09, 2023, 06:16:14 PM
 #106

~snip~
Even you have a lot of money, the money they have are disposable, it means it is spare or allocated to gambling. Rich people doesn't usually go bankrupt by doing gambling, most of them knows how to manage their emotions or manage their funds given that it is their hard earned money for years and they are caring for it. It's just that there are many rich gamblers that are being crazy on gambling by beating their all time high wins, which can be the source of their endorphins. At the end of the day, it is our money and it is our responsibility in our gambling vice.
That's the difference between rich people and most gamblers, but unfortunately, many gamblers don't realize this, which makes them still want to chase their winnings. If they lose, they will try to recover from their loss, and in the end, they will only lose control of their emotions, causing them to experience even more losses. Meanwhile, rich people know that they just need to get so much fun out of gambling that if they lose, they'll take it as part of their frequent donations to charity. They don't worry about losing because they know that in gambling, there will definitely be wins and losses, and if they lose, they will just stop gambling and enjoy the remaining time by chatting with their friends.
Something similar happened to me when I first started playing online poker about 10 years ago, I didn't know much and was poor. I wanted to make poker my main source of income and therefore felt a lot of stress and strong emotions. Ultimately, in one day I lost all my savings, it seemed to me that this was a lot of money because I was young. It was about 5 times the average salary in my country. I was devastated and decided to quit poker.

As for people with very big money, this is exactly how they approach poker games. They behave this way because their time is worth more than they can lose. Therefore, nothing bothers them in the game and they do not experience stress; their game is very different from those who constantly think about money.

R


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November 09, 2023, 07:00:07 PM
 #107

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago

I remember only around Php 15,000 (currently @ US$268) and played it for almost the entire day. It was tiring and my eyes were really itchy. There are lots of wins established in that session but instead of cashing out, the eagerness to continue playing emerges more as why should I stop if I feel lucky. In the end, the result is a bitter loss.

It took me around 2-3 days to move on with only that amount compared to OP which is $200,000. Crazy amount of loss in just a single day.

I wondered, how much you get on Stake's weekly bonus with that amount as for sure the wagered amount you made that day is also high.
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November 09, 2023, 07:31:21 PM
 #108

I remember only around Php 15,000 (currently @ US$268) and played it for almost the entire day. It was tiring and my eyes were really itchy. There are lots of wins established in that session but instead of cashing out, the eagerness to continue playing emerges more as why should I stop if I feel lucky. In the end, the result is a bitter loss.

It took me around 2-3 days to move on with only that amount compared to OP which is $200,000. Crazy amount of loss in just a single day.

Basically quite active gamblers, I'm sure we've all experienced similar things whether what OP said or what you said. as in your case, it is not uncommon for us to play a game almost all day long. more precisely, carrying out gambling sessions takes hours. It could be that the game doesn't go up or down. which means, the balance of the games we play tends to go round and round even though we have spent quite a long time. or, as is the experience in your case. To be sure, we have experienced it too.

Well, as I said at the beginning. Basically, almost all gamblers have similar experiences. and referring to the essence of what you said, I can understand it. Sometimes, we feel like we have received a big blow with victory right before our eyes. or, multiple doubling. However, because of our selfishness in wanting to continue playing, the winnings we have collected gradually become thinner and eventually run out. btw, I don't want to say that it's greedy, in certain cases we tend to be too engrossed and enjoy the rhythm of the fun of the game. The point is, it doesn't matter how much we spend in one gambling session. What is certain is that we must be fully aware of the risks.

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November 09, 2023, 07:39:09 PM
 #109


I remember only around Php 15,000 (currently @ US$268) and played it for almost the entire day. It was tiring and my eyes were really itchy. There are lots of wins established in that session but instead of cashing out, the eagerness to continue playing emerges more as why should I stop if I feel lucky. In the end, the result is a bitter loss.

It took me around 2-3 days to move on with only that amount compared to OP which is $200,000. Crazy amount of loss in just a single day.


You listened to the other voice, the voice that makes gamblers lose what they have , which is the greedy voice. I never want to be in that shoe again where I will have winning then suddenly throw it in again because of greediness.

No doubt we have made such mistake but wiser now to know that it is a chance game and you need to exit when the ovation is louder with my head high rather than regretfully leave and agonized.
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November 09, 2023, 07:50:45 PM
 #110

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago
That's a massive loss. Biggest I lost was around 1000 and that was cumulatively too (in a span of a whole day), back when I was going ham on the gambling train. It also became my point of no-return where I started second-guessing whether I'm doing the right thing or digging myself a grave I wouldn't be able to escape from. I'm guessing you're in the same boat too at this point. To which I suggest, you should ask yourself if you think gambling is really for you. To lose that much money is ridiculous to everyone since that's so much money to start with, that a lot of people right now wouldn't even be able to get a hold of that much cash. But I digress, it's your money, your rules, do whatever you want with it.

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November 09, 2023, 09:06:24 PM
Last edit: November 10, 2023, 07:21:36 PM by goxcraft
 #111

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago
That's most unfortunate. Loosing that much of money must have effected you. It must be heartbroken for you.
How did you lost such a huge amount of money? You should have stopped when you kept loosing. Rather you kept on betting. That's called being greedy. I don't know your situation but try to be be careful next time. There was one time when I lost around 12k$ but it's not as big as you. With 12 thousand gone, I was in brink of collapsing into the ground. Luckily I survived that time somehow.
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November 10, 2023, 12:55:58 PM
 #112

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago
That's a massive loss. Biggest I lost was around 1000 and that was cumulatively too (in a span of a whole day), back when I was going ham on the gambling train. It also became my point of no-return where I started second-guessing whether I'm doing the right thing or digging myself a grave I wouldn't be able to escape from. I'm guessing you're in the same boat too at this point. To which I suggest, you should ask yourself if you think gambling is really for you. To lose that much money is ridiculous to everyone since that's so much money to start with, that a lot of people right now wouldn't even be able to get a hold of that much cash. But I digress, it's your money, your rules, do whatever you want with it.
As he said, experiencing loss of $200,000 was his own fault and it was risk he accepted because he couldn't control the money he was betting on.
But I sure he is gambler with soul and mental steel because losing $200,000 in just one session can still take it.

We may lose $100 to $1000 which is large amount so as much as possible use this experience of defeat as lesson that similar losses can happen and we need to be careful and always manage money to stay within acceptable limits.
However, there is no need to regret all of that because I know that we have all experienced losses that we feel are quite large, so just think of all these losses as payment for us having experience and learning to become wiser gamblers.

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November 10, 2023, 01:12:30 PM
 #113

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago

This is too much money, to be honest. I can buy a nice house and land for that amount. And I can't afford to waste such a large amount just on gambling. Maybe the person who did that is a rich person, so it can be considered just a coin to him.

But for a person like me, it would be crazy to throw away such an amount. Terrible! He had the courage to bet on that; maybe he thought that when he hit, it would be too big to come back to him, but that's why the luck he was hoping for didn't agree with him.

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November 10, 2023, 05:00:14 PM
 #114

~snip~
Something similar happened to me when I first started playing online poker about 10 years ago, I didn't know much and was poor. I wanted to make poker my main source of income and therefore felt a lot of stress and strong emotions. Ultimately, in one day I lost all my savings, it seemed to me that this was a lot of money because I was young. It was about 5 times the average salary in my country. I was devastated and decided to quit poker.

As for people with very big money, this is exactly how they approach poker games. They behave this way because their time is worth more than they can lose. Therefore, nothing bothers them in the game and they do not experience stress; their game is very different from those who constantly think about money.
This is a bad experience for you that you can use as a valuable lesson so that it doesn't happen again in the future. I can't imagine if that happened to me. Perhaps I couldn't survive what happened to me. But you have proven that you can still survive, and that is luck for you. Apart from having a bad experience, you can be more careful when gambling so that you can really control how you use your money. We cannot make gambling our main income because we are just ordinary gamblers who do not have many skills compared to other people.

Those who have more money also experience losses, perhaps even more losses than us. But the difference is that they still have money, and we don't. Therefore, we don't need to repeat the same mistakes we have made, and from now on, we must be more careful when gambling. Don't let us experience more losses like before.

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November 10, 2023, 05:15:51 PM
 #115

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago

This is too much money, to be honest. I can buy a nice house and land for that amount. And I can't afford to waste such a large amount just on gambling. Maybe the person who did that is a rich person, so it can be considered just a coin to him.

But for a person like me, it would be crazy to throw away such an amount. Terrible! He had the courage to bet on that; maybe he thought that when he hit, it would be too big to come back to him, but that's why the luck he was hoping for didn't agree with him.
He's definitely a rich guy if that is true that he'd bet that amount and lost it. Probably he's a millionaire fulfilling his gambling cravings and I doubt that it really affected him much on his loss.

For us degenerate gamblers, it would probably best to stick with the available budget that we can only spend whatever amount it is as long as it's something we can afford to lose.


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November 10, 2023, 06:15:10 PM
 #116

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago
This is too much money, to be honest. I can buy a nice house and land for that amount. And I can't afford to waste such a large amount just on gambling. Maybe the person who did that is a rich person, so it can be considered just a coin to him.

But for a person like me, it would be crazy to throw away such an amount. Terrible! He had the courage to bet on that; maybe he thought that when he hit, it would be too big to come back to him, but that's why the luck he was hoping for didn't agree with him.
There are a lot of things in this matter, the amount one can afford to lose depends on one's risk appetite and financial situation, and it can also depend on the location they live in and how much the value of the amount is that has been lost. For someone living in a first-world country, that amount might not be life-changing, or as high as it can be for someone who lives in a third-world or a developing country because the value of money when converted from USD to their local currency will be pretty high.

So, it might be an amount that could change the lives of a lot of us, but it wouldn't be the same for everyone because they either have a lot of money or live somewhere where the money wouldn't be able to buy a good or big house or land or do something that can change the life of the person owning it.

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November 10, 2023, 07:11:37 PM
 #117

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago

This is too much money, to be honest. I can buy a nice house and land for that amount. And I can't afford to waste such a large amount just on gambling. Maybe the person who did that is a rich person, so it can be considered just a coin to him.

But for a person like me, it would be crazy to throw away such an amount. Terrible! He had the courage to bet on that; maybe he thought that when he hit, it would be too big to come back to him, but that's why the luck he was hoping for didn't agree with him.
This amount is beyond my understanding, it’s just crazy money. He probably really can afford this and it’s not that much money for him, but in that case I doubt that he would communicate with us here and now. People with that kind of money have much more important things to do. As for me, I will think several times if I place a bet of $30 and I can get great pleasure if my favorite team wins, and if it loses, it will not affect me. In any case, I don’t wish such big losses on anyone. Stake.com should offer the client a paid vacation on the islands.

R


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November 10, 2023, 09:32:05 PM
 #118

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago

This is a huge money, in my country's denomination, this is equivalent to Php11,200,000.  This amount can buy 2 - 3 unit of 2 storey house with 5 bedroom and 2 comfort room.

 I think my largest lost in one session is only a dust compared to your biggest lost.  It is around $200  way back some months ago.  I always keep my gambling bankroll at a minimum since I don't have that much of an extra money to spend in gambling activities.

He's definitely a rich guy if that is true that he'd bet that amount and lost it. Probably he's a millionaire fulfilling his gambling cravings and I doubt that it really affected him much on his loss.

For us degenerate gamblers, it would probably best to stick with the available budget that we can only spend whatever amount it is as long as it's something we can afford to lose.

He is indeed since losing $200k seems nothing to him...  Or probably he won a huge one before his biggest lost.
livingfree
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November 10, 2023, 09:41:25 PM
 #119

$200k in one session? That must have been a fortune for me while you OP, you just have lost that less than a day, how much money you've got entirely from your wealth? LOL.

I know that there are people that can let themselves lose in a casino with as much as they can. But I think that I can't remember that I even lost a lot like $1000 and below from one session.

That's already a lot of money for me and despite me being a gambler, I'm losing my memory as well so I've got no clear amount if the figure I've mentioned is right or not.

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November 10, 2023, 09:46:16 PM
 #120

What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago

This is too much money, to be honest. I can buy a nice house and land for that amount. And I can't afford to waste such a large amount just on gambling. Maybe the person who did that is a rich person, so it can be considered just a coin to him.

But for a person like me, it would be crazy to throw away such an amount. Terrible! He had the courage to bet on that; maybe he thought that when he hit, it would be too big to come back to him, but that's why the luck he was hoping for didn't agree with him.
This amount is beyond my understanding, it’s just crazy money. He probably really can afford this and it’s not that much money for him, but in that case I doubt that he would communicate with us here and now. People with that kind of money have much more important things to do. As for me, I will think several times if I place a bet of $30 and I can get great pleasure if my favorite team wins, and if it loses, it will not affect me. In any case, I don’t wish such big losses on anyone. Stake.com should offer the client a paid vacation on the islands.
When it comes to losing money then it would really be that entirely be depending on someones tolerance and capacity on how far they would really be able to maintain because we knowthat literally that you cant really be able to play if you dont already have the funds but as long you can able to make out some deposit then you would definitely be doing it until you would really be able to notice and realize that you are already that spending that much and this is something that really need to be watched out as early as we can. Dont let yourself do reach out on a certain point that you are losing tons before you could really be able to make out those realizations. We could eventually be able to stop if we wanted to, it would really be just that a matter of decision making on certain situations.

Speaking about money lost or something that can be afford is on maximum of 100 bucks. Beyond that then its not something which i can afford to lose.
Im earning sufficient money for monthly basis and i do only have a few bucks that could be spent out on gambling. I cant just afford myself to play up
more and spending up more which is really that goes beyond my limit line.

R


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