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Author Topic: Going all in and losing the bet  (Read 2336 times)
Strongkored
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March 30, 2024, 05:58:55 AM
 #101

Losing when you are all in or not can not only make us blame the casino by saying there is manipulation because you are all in and so on, but there are many other things, for example blaming the internet because you think the connection is slow, making the results not as expected, even blaming your children or those closest to you and that is human nature, even though it happens because we can't predict exactly what will come out in a game based on luck because we can only predict.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.
There is no way or strategy to minimize mistakes in gambling, everything that is done is just effort and can go well but also vice versa so we have to be able to accept it

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Rampagoe004
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March 30, 2024, 06:01:00 AM
 #102

I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.

Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.

Have you entered a multiplier above 100x? I've also played Hi-Lo and honestly it's a fun game in my opinion. You can stop playing and cash out your money at any time. Of course it is very painful when you get a high multiplier and then your money is lost because you got AS. But I think that will only happen if you continue and continue your game. I personally will cash out when I get to 10:90 on a high multiplier because usually you will lose. For example, if I get Hi 10% and Lo 90% then I will choose to cash out my bet.

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OceanBit
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March 30, 2024, 07:20:50 AM
 #103

I feel you. It;s natural to feel disappointed after a loss. I actually sometimes ask the same question on myself when I feel frustrated about the result of the game I didnt expect to come out as expected. Which later made me realize that wins and losses are part of the game. And in order for me to not feel the same thing again, I just set a budget, gambling with what I can afford to lose.
DaNNy001
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March 30, 2024, 07:35:32 AM
 #104

I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.

Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.
Well I think I will write from my little experience as a gambler, I believe that's our thought playing on us as to why must it be that the moment we risk it huge the end results always goes sideways and the funny thing is that sometimes we actually do win when we risk alot but the mind and the brain fails to always record those ones because it's what we are expecting but when the results goes sideways, it's then the complaint come because the supposed results anticipated was not the outcome.
LUCKMCFLY
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March 30, 2024, 01:52:56 PM
 #105

Those games that are so easy and basic, it is like the coin game, sometimes we are Sure that some results can come out, and if one dares to think that the casino manipulates the game , well if one loses in that, well he says no It is possible that I need a card that is more likely to come out with the one that is less likely to win and it does not come out, but since that is the way the Casino plays and wins , they will always have the house advantage, Sometimes we cannot be 100% sure of what we are going to do because things can be very complicated and can make the difference.

This has also happened to me, especially with craps, sometimes I follow a logic, but it fails, then some results are given in a gap of Numbers that are lower or in the middle and those favor the casinos and one as a player loses, This is very Annoying , but that's the game , I think that has happened to all of us.

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March 30, 2024, 03:54:25 PM
 #106

I feel you. It;s natural to feel disappointed after a loss. I actually sometimes ask the same question on myself when I feel frustrated about the result of the game I didnt expect to come out as expected. Which later made me realize that wins and losses are part of the game. And in order for me to not feel the same thing again, I just set a budget, gambling with what I can afford to lose.
In gambling there will be wins and losses and wins and losses but I don't understand how reasonable it is to gamble on a budget because your budget is limited. If I can win some money then gambling will not be played with any budget. But in gambling first you play for fun then in gambling if you win money once then you get addicted to it again and again that I can win money by gambling again and again but from this side it can be seen that the chances of losing money are more than winning money. So everyone should refrain from this kind of gambling because gambling never brings happiness and peace in one's family life, he himself cannot be at peace, so the number of people who have happiness in their life by gambling is less.

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March 30, 2024, 04:56:05 PM
 #107

Those games that are so easy and basic, it is like the coin game, sometimes we are Sure that some results can come out, and if one dares to think that the casino manipulates the game , well if one loses in that, well he says no It is possible that I need a card that is more likely to come out with the one that is less likely to win and it does not come out, but since that is the way the Casino plays and wins , they will always have the house advantage, Sometimes we cannot be 100% sure of what we are going to do because things can be very complicated and can make the difference.

This has also happened to me, especially with craps, sometimes I follow a logic, but it fails, then some results are given in a gap of Numbers that are lower or in the middle and those favor the casinos and one as a player loses, This is very Annoying , but that's the game , I think that has happened to all of us.


Inside gambling everything is possible, risk is high even in a small chance of losing I mean even in a low odds bet like what happened to OP it's more likely a 90+% but still lose his bet, I guess yoloing is something that gamblers needs to control, thinking that it's a high chance winning potential and take the risky all in bet, then after losing that gambler will surely think that he's been cheated as gaming house can manipulate the outcome of the game, forgetting that even how high the chance of winning upset can still happen when you are dealing with gambling.

The best approach is to accept that outcome and move on, forget about adding more money inside your bankroll or add more deposit and re-try your chance to recover back, most of the time you'll just end up losing more.

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March 30, 2024, 05:12:23 PM
 #108

Casino is the party that has the upper hand and they will always make a profit from every bet made by all customers, basically the casino will make gamblers lose money gradually from every loss.
Moreover, basically no gambler can really win and be said to make profit because what actually happens is that the gambler is the one who loses the most.
This is business and aims to make money, but in context like this I don't think it manipulation but that how casinos work where they have an advantage in winning the game and making the gambler lose.
Things like this will happen in any casino so we have to be able to understand and understand it, if don't want to lose large amount then don't bet beyond limits.
After all, no gambler can really get clean chance of winning, there will always be losses and even if win, I sure that after winning there will always be losses.
Gamblers will feel that they are not at loss if they gamble according to what they can afford to lose and do not have the ambition to make money from gambling.
There is what we call a house edge but casinos still can pay more than the house edge that they can get to the player once the player got lucky and win huge amounts of money. With that said, will you still say that there are no gamblers that can win? And a win is still a win, no matter how much we have lost in the past, and as they say " past is past".

This quote is very important to be applied in gambling so that gamblers can remain calm and be contented. Casinos has already the edge but there may be some who are still greedy to cheat or manipulate their games. I guess this will still be noticeable the longer we play at them and we can report/flagged these casinos down.

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March 30, 2024, 05:22:58 PM
 #109


Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.
No one has fault of what happened other than yourself but this should be more of a lesson than just a blame; you just became greedy of your bets. Concept of gambling is that you either win or lose, without assurance. Given this idea, why would you be betting all in if you're not sure that you'd be winning? If you lose then you're not lucky in that bet, as easy as that. Manipulation exist but not to all platforms and all instances 'coz that would simply ruin the platform itself. Just accep that you lost that bet and that you should not do such thing again to bet an amount you won't be fine losing. Anticipate the possibility of losing to at least restrict yourself from putting that much in a single bet. There are other people losing bigger money than what we usually engage, there will always be however if it is 'all in' on your end, then that makes a difference. We have different risk tolerance and as a gambler you should know yours.
I feel you. It;s natural to feel disappointed after a loss. I actually sometimes ask the same question on myself when I feel frustrated about the result of the game I didnt expect to come out as expected. Which later made me realize that wins and losses are part of the game. And in order for me to not feel the same thing again, I just set a budget, gambling with what I can afford to lose.
The right thing to do in all instances. We will never have control of the outcome in every bet. But I guess it would be better to expect the worse simply because this is gambling we are talking about. Regret indeed is a common response after a loss but that won't make things better on your next bets; either you become frustrated or hopeless.

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March 31, 2024, 07:00:44 AM
 #110

Knowing that we are sure to lose, many times we bet in such a way with the hope of earning a lot of money with a very small amount of money. In betting where a team is very strong and the team playing against that strong team is a very weak team then if we bet for the weak team then we will be paid several times the money profit if the weak team wins. But when we see such an equation, the equation is more likely to go against us because it is natural that the stronger team will always win against the weaker team.  The stronger team wins but sometimes the weaker team unexpectedly wins when those who bet against the weaker team with a relatively small amount of money can achieve much more with a smaller amount of capital. Basically, this is an opportunity to make a profit by betting on a relatively weak team with a small amount of money.

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March 31, 2024, 07:24:09 AM
 #111

Knowing that we are sure to lose, many times we bet in such a way with the hope of earning a lot of money with a very small amount of money. In betting where a team is very strong and the team playing against that strong team is a very weak team then if we bet for the weak team then we will be paid several times the money profit if the weak team wins. But when we see such an equation, the equation is more likely to go against us because it is natural that the stronger team will always win against the weaker team.  The stronger team wins but sometimes the weaker team unexpectedly wins when those who bet against the weaker team with a relatively small amount of money can achieve much more with a smaller amount of capital. Basically, this is an opportunity to make a profit by betting on a relatively weak team with a small amount of money.
That kind of game is termed "impossibility" when you gamble a match you know it can't even play but just took the risk. Some may call it odd playing. That's a kind of situation where the strong team will be given 1.22 odd while the weak team will be given like 10odd. If you stake with the strong team with $100 you may end up winning $122  and if you also play the weak team of 10odd with $100 you may end up winning $1k but it is an impossible prediction, but trust me many people usually win from it but not on a regular basis maybe occasionally.
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March 31, 2024, 07:25:42 AM
 #112

In a casino, most games where you play against the casino are designed so that the casino has an advantage over you. Yes, you can win all-in, but the probability that you will lose in this game too is more than 50%. The best thing you can do is simply not to play against the casino. That is, do not play games in which the casino has an advantage. Sports betting is, if anything, fairer. There is always a lot of uncertainty about winning. You bet your money on a sports match where the bookmaker has set some probabilities for different outcomes. But these probabilities may be wrong because no one knows who will win this match. As for roulette and other similar casino games, the probability of outcomes is very clear. And it works against the player.
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March 31, 2024, 07:46:32 AM
 #113

Losing when you are all in or not can not only make us blame the casino by saying there is manipulation because you are all in and so on, but there are many other things, for example blaming the internet because you think the connection is slow, making the results not as expected, even blaming your children or those closest to you and that is human nature, even though it happens because we can't predict exactly what will come out in a game based on luck because we can only predict.
That is natural human attitude, they will not think or judge that what they did was mistake and it cannot be denied that when most people experience failure they will always blame other people and whatever they think is the trigger for their failure.
What needs to be understood is that not all hopes and desires can come true because there will always be conditions where failure occurs, this does not only apply to gambling but to everything that is done.
Every gambler must be able to accept all of this and of course they must be able to accept any risk of loss when they decide to risk their money.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.
There is no way or strategy to minimize mistakes in gambling, everything that is done is just effort and can go well but also vice versa so we have to be able to accept it
Yes, and the guarantee that gambler can have is only guarantee of defeat, there is nothing that can guarantee gambler will win because basically gambling is risk and the risk is in the form of losing and losing money.
Maybe some efforts can increase the chances of winning, but this is only an increase in chances which cannot actually ensure in victory, after all, we all understand how casinos and gambling sites work.
They build and provide all types of betting for business and we should be able to think that we come only for fun, not to make money.

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March 31, 2024, 08:13:40 AM
 #114

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.

We can't call it gambling now if the winning percentage is high, either you go all-in or not. There's no manipulation but rather, the system was designed to give users more losses than wins and if you hit that big win, then you are lucky! You can't expect that luck is always on our side especially playing a luck-based game like Hi-Lo.

Just give it a time and you might hit that big win someday.
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March 31, 2024, 08:59:11 AM
 #115

In a casino, most games where you play against the casino are designed so that the casino has an advantage over you. Yes, you can win all-in, but the probability that you will lose in this game too is more than 50%. The best thing you can do is simply not to play against the casino. That is, do not play games in which the casino has an advantage. Sports betting is, if anything, fairer. There is always a lot of uncertainty about winning. You bet your money on a sports match where the bookmaker has set some probabilities for different outcomes. But these probabilities may be wrong because no one knows who will win this match. As for roulette and other similar casino games, the probability of outcomes is very clear. And it works against the player.

Playing roulette is essentially a battle with fate. 
As a child, I loved reading various adventure novels.  The main characters of these novels were very fond of gambling, such as dice and roulette.  my favorite literary heroes are D'Artagnan, James Bond, gold miner Time waits, adventurer Khoja Nasreddin. 
They all loved to gamble.  Therefore, for me, a casino is not about making money, but about an interesting game.  I distinguish between different types of human activities, such as work and play.  The game is needed to make your life more interesting.  However, at the same time, it is very naive to think that by gambling you will acquire wealth and a regular income.  Wealth and gambling are not identical concepts.  Yes, the more varied your life, the better your creative abilities develop, which means it will be easier for you to make money in our dynamically changing world. 
However, I have no illusions that playing in a casino can replace my paid employment or entrepreneurial activities.

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March 31, 2024, 09:24:30 AM
 #116

I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.

Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.

The trouble with this scenario is you don't actually have any visibility of the backend of the casino to see if they are manipulating anything, but even if you did - every game is setup to give the house a slight edge over a long enough time and this is part of what you encountered. I've never played these hi-lo games, but from your description it seems like a logical process, except for the "minimal possibility for equal card". There are four suits in a deck, so surely every card has the same possibility to be an equal card and the ace does not have special benefits in that respect, but maybe I misunderstood. If you choose to gamble, then the outcomes are black and white, where you can lose everything in one go.

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March 31, 2024, 10:10:21 AM
 #117

I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.

Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.

I would say that it's not actually a bad idea or wrong move at all it was for sure kind of reckless in a way betting everything on one bet, but if you know that you have a higher chance of winning than losing then I would say that its pretty good bet already if you are a risk taker for sure, I mean its a pretty good chance of winning a huge amount with a lower risk of betting, the reward was surely going to be higher than losing, but in case of probability you have higher chance of winning, but you just got unlucky with that and end up losing it all, but I guess you gonna risk it if you want to actually win huge amount.

There are a lot of times that I did it as well and ended up winning, I mean for sure it was kind of fun and entertainment, there were just times that you just don't want to think about it and just do it, most of the time you will end up winning but not every time I guess, but it was kind fun and win at the same time, I would take that risk if it has a higher chance of winning, anyway, I only gamble a small percentage and I limit my gambling habit so if I lose that money then I lose it, I already consider it lost since I used it on gambling, that is why it's only a small percentage so that I could easily recover from it.

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March 31, 2024, 03:20:58 PM
 #118

I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.

Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.

That's how they get you.  You can win win win and then in one bet they get all theor money back.  My rule of thumb is to never go all in, even if most times you'd win.  The odds you usually get don't favor you over the long run.  I know the feeling though, in the moment you think you got cheated, really your greed just got the best of you.

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March 31, 2024, 04:21:41 PM
 #119

any event on which it is still possible to bet always has the possibility of happening.
some time ago I posted the story of the bettor who lost a large sum on a practically negligible odds (less @1.01 Roll Eyes )
the lesson is plan and simple: never go all in with betting!
https://bitcointalk.org/index.php?topic=5435885.msg61615047#msg61615047

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April 01, 2024, 05:29:33 AM
 #120

any event on which it is still possible to bet always has the possibility of happening.
some time ago I posted the story of the bettor who lost a large sum on a practically negligible odds (less @1.01 Roll Eyes )
the lesson is plan and simple: never go all in with betting!



Exactly. This example of a 1% gain is actually very good to bet on, but if you want to bet everything at once on each event it will be a 100% loss for something that wasn't worth it and that will only make things worse. psychological. So, the lesson is to have moderation in everything.

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