Going all in and losing the bet

[LUCKMCFLY]

The chances of losing a bet is always higher than that of winning and the mistake people make is thinking that it's vise versa. Because that's the only reason why someone will even consider the option of going all in. Another thing is greed, seeing the possibility of multiplying your bankroll in just one bet, and seeing that risk worth taking, well they should also be prepared for the disappointment that comes later because the chances of loss is there and they should know it.

That is a great truth, but I think people do it unconsciously because when they do it and they are in front of a casino, their chances of winning increase, or their thoughts grow too much towards the positive, and it may be that this thinking blinds them to reality and the reason for things, that is why we must always assume things with the true way of seeing this, games of chance, betting, we must always assume that first we will lose and second that we have to be very aware that how much money We are willing to sacrifice, it is not easy to lose money, that hurts, no one likes to lose money even if they have a lot.

[Fortify]

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.

This is the problem with most gambling in general and could distinguish it from other high risk stakes like altcoins. If you go all in and lose, often for not very great returns, you have lost your money. It also doesn't make much sense for the house to give you better than 50 / 50 odds in any betting situation, so you'll always stand a greater chance of losing and the casino a greater chance of winning. Over the long run this will wipe you out. Unless you're playing a skill based game, which has natural variance built in but your influence should sway you into profit over the long term, then you really never stand a chance and it is simply a determination of how fast you will lose your money.

[Toro iskandar]

The chances of losing a bet is always higher than that of winning and the mistake people make is thinking that it's vise versa. Because that's the only reason why someone will even consider the option of going all in. Another thing is greed, seeing the possibility of multiplying your bankroll in just one bet, and seeing that risk worth taking, well they should also be prepared for the disappointment that comes later because the chances of loss is there and they should know it.

That is a great truth, but I think people do it unconsciously because when they do it and they are in front of a casino, their chances of winning increase, or their thoughts grow too much towards the positive, and it may be that this thinking blinds them to reality and the reason for things, that is why we must always assume things with the true way of seeing this, games of chance, betting, we must always assume that first we will lose and second that we have to be very aware that how much money We are willing to sacrifice, it is not easy to lose money, that hurts, no one likes to lose money even if they have a lot.

In my opinion, the people you mentioned above are gamblers who are seriously addicted because they unconsciously lose control when they are in the casino so they continue to pursue opportunities to win by playing continuously without thinking about the big risks that await them.
That's right, if a gambler has thoughts like this then good things will seem bad and bad things will seem good to him and if left to drag on then the gambler often loses and is far from winning.
A very good piece of advice for us to apply in every gambling game session that we will play is to have the right assumption that lucky opportunities are very difficult to come by so we must always be careful in risking money there, namely by betting only small amounts. If we lose, we have to be more alert. again and if you lose again then it's best to just stop so as not to harm ourselves too much.

[passwordnow]

That's disappointing but we have to embrace what's happening with the results that we have as we gamble. Whether you all in or not but if it's about losing, you can't stop it if it's going to come to us.

A very good piece of advice for us to apply in every gambling game session that we will play is to have the right assumption that lucky opportunities are very difficult to come by so we must always be careful in risking money there, namely by betting only small amounts. If we lose, we have to be more alert. again and if you lose again then it's best to just stop so as not to harm ourselves too much.

Much better to set that expectation that luck isn't measurable and it just comes randomly to all of us. You'll never know if you're lucky this day and if so, then enjoy that moment because no idea when it will come to you again as you become lucky by that time.

And if you ever get to the all-inning and you're able to win, then just be grateful that luck is with you at that time and it's the time for you to think whether you should be looking at it again to do some all in, or you better set aside the profit that you've made and be happy with that gain.

[slapper]

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.

This is the problem with most gambling in general and could distinguish it from other high risk stakes like altcoins. If you go all in and lose, often for not very great returns, you have lost your money. It also doesn't make much sense for the house to give you better than 50 / 50 odds in any betting situation, so you'll always stand a greater chance of losing and the casino a greater chance of winning. Over the long run this will wipe you out. Unless you're playing a skill based game, which has natural variance built in but your influence should sway you into profit over the long term, then you really never stand a chance and it is simply a determination of how fast you will lose your money.

Comparing altcoins to gambling is absurd. Both have high-risk, high-reward. Gambling is rigged to grab your money.  It's intentional loss, not risk. The chances are constantly against you. Less than 50/50. Casinos? They established empires on one basic fact. Skill games? You may get a better shot, but that variance will drain you till you're broke.

Why would you join something designed to fail? You must awake. Look past bright lights and promises. The house always wins. The game was designed. Every chip on the table is a trophy for their system, not yours. The question is why you're sitting at the table when the conclusion is obvious, not whether you're losing fast or slow.

[Mia Chloe]

Well, that's what happens when you are losing. It's always going to be biased towards yourself and not how it would work. I'm pretty sure that if you have played different games that are like this, it would be common to experience this. Maybe just lay back and not go all in. Even if it's on the "sure or high-chance" of winning" still manage your risk so you won't get emotional.

Like I always recon, most gambling activities are based on luck and sometimes luck isn't always on our side therefore making us lose. And a funny thing to note is how most gamblers are always confident some of their stakes will come out a win but unfortunately it doesn't always that way even in cases where they may have placed huge stakes hoping for bigger returns.
Therefore as a responsible gambler you should be able to manage both you funds and time. Now when it comes to fund management, a gambler should have a target maximum spending amount for every week. Meaning you should stop staking once you have hit that maximum amount. This would help you prevent unnecessary staking and thus help you control and manage the money you spend while gambling.

[Hispo]

Well, that's what happens when you are losing. It's always going to be biased towards yourself and not how it would work. I'm pretty sure that if you have played different games that are like this, it would be common to experience this. Maybe just lay back and not go all in. Even if it's on the "sure or high-chance" of winning" still manage your risk so you won't get emotional.

It is almost like a natural thing for people to try to deviate the blame on losing all that money to something external which they do not have control over. It does not only happen when comes to casinos and gambling in general, it also happens in other aspects of life, I think.
In the case of OP, we can only give some credit to the fact he managed to keep his head cool and did not end up lashing against the casino, I guess.

I have read many times before how people who lost when went all in believe the casino has rigged the game against them. One must wonder who those allegations would sustain themselves when comes to probably fair games or live casino.

[lienfaye]

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.

High expectation to win push you to question if it's provably fair just because you go all in and lose. That's not unusual for gamblers to think that way everytime we're in unfortunate situation. However keep in mind the risk when you started to use your money to bet.

You can never be certain, the reason why we should not expect to win because losing is inevitable even in a point that you're confident with the possible result that's why you go all in.

[Obari]

The probability of a win or a loss in gambling is 50/50, which simply means that, noting is certain and absolutely anything can happen and personally I try to observe when greed is coming in whenever I’m playing a game, and this is because, greed is one thing that would make you do it take unnecessary risk you never budgeted for.
From your write up, it seems you already risked more than you could afford to lose because, reading from your intonation,it seems you never thought of a loss and you just hoped for a win and the reverse happened.

Gambling can be tricky most times that you might even think that, the casino isn’t truly fair but just as you already stated that they’re fair, then they’re fair.

[Z_MBFM]

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.

In Hi-Lo game you need some strategy along with luck and also you must know the cards well and understand the values ​​of the cards. It is very easy to predict win and loss in this game but here if you lose you will lose the entire bet amount but if you win you will not win much amount. Because here the risk is very less. So this game of gambling is not much fun. I have played this game few times and won most of the time but this game did not give me much pleasure.

[Ojima-ojo]

This is the normal thing with such games, at first you will win a number of times and there after you begin on a losing trend immediately after you increase your amount of strings.


I use to play those card games sometime and I win more when I chose the low, but when the string is on high, the chances of losing becomes extremely high.

[michellee]

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.

High expectation to win push you to question if it's provably fair just because you go all in and lose. That's not unusual for gamblers to think that way everytime we're in unfortunate situation. However keep in mind the risk when you started to use your money to bet.

You can never be certain, the reason why we should not expect to win because losing is inevitable even in a point that you're confident with the possible result that's why you go all in.

Gamblers will always have high hopes of winning. They gamble and want to win but they don't realize that they can't always win. The casino will be the winner.

When we lose, we will definitely blame the casino and cannot accept the loss and that is normal. But if we can think clearly, we shouldn't blame the casino because that is a risk in gambling. We will experience more and more losses, especially if we go all-in.

That's why when playing gambling, we have to be able to position ourselves well so that we don't experience a lot of losses. We have to control how much money we use. When we can do that, we won't experience as many losses.

[Ever-young]

The chances of losing a bet is always higher than that of winning and the mistake people make is thinking that it's vise versa. Because that's the only reason why someone will even consider the option of going all in. Another thing is greed, seeing the possibility of multiplying your bankroll in just one bet, and seeing that risk worth taking, well they should also be prepared for the disappointment that comes later because the chances of loss is there and they should know it.

That is a great truth, but I think people do it unconsciously because when they do it and they are in front of a casino, their chances of winning increase, or their thoughts grow too much towards the positive, and it may be that this thinking blinds them to reality and the reason for things, that is why we must always assume things with the true way of seeing this, games of chance, betting, we must always assume that first we will lose and second that we have to be very aware that how much money We are willing to sacrifice, it is not easy to lose money, that hurts, no one likes to lose money even if they have a lot.

Indeed, gambling is undoubtedly a combination of both psychology and probability. People should always keep these two factors in check because The results are always disastrous and fatal  when people allow sentiments and their emotions to overcloud their judgement when gambling, this causes some gamblers to become too optimistic about the result and outcome of the games thereby paying less attention to the presence and important of probability in gambling, this is often what makes them take certain uncalculated risks without first thinking about the potential consequences attached if the outcome of the game goes contrary to their predictions.

[redsun114]

Well, that's what happens when you are losing. It's always going to be biased towards yourself and not how it would work. I'm pretty sure that if you have played different games that are like this, it would be common to experience this. Maybe just lay back and not go all in. Even if it's on the "sure or high-chance" of winning" still manage your risk so you won't get emotional.

Like I always recon, most gambling activities are based on luck and sometimes luck isn't always on our side therefore making us lose. And a funny thing to note is how most gamblers are always confident some of their stakes will come out a win but unfortunately it doesn't always that way even in cases where they may have placed huge stakes hoping for bigger returns.
Therefore as a responsible gambler you should be able to manage both you funds and time. Now when it comes to fund management, a gambler should have a target maximum spending amount for every week. Meaning you should stop staking once you have hit that maximum amount. This would help you prevent unnecessary staking and thus help you control and manage the money you spend while gambling.

Confidence works in sports betting where the person who placed the bet can be confident about their choice because they know they have enough knowledge about the game or the sport and they know that the chances of the team they have chosen winning the game are high. When we talk about gambling games, there is no point in being confident because you never know what the outcome might be as the results are based on your luck and not how confident you are.

This is why a person needs to make sure that they are only betting what they can afford to lose when they are playing gambling games, going all in isn't a good choice as a single loss means you have lost everything when you already know the chances of losing are higher than you winning.

[Fredomago]

This is the normal thing with such games, at first you will win a number of times and there after you begin on a losing trend immediately after you increase your amount of strings.


I use to play those card games sometime and I win more when I chose the low, but when the string is on high, the chances of losing becomes extremely high.

Same with how dice or other luck based games, when you are just using small bets you see good winning streaks but when you think that you already understand the game and you are assuming that your strategy is really giving you postive result, you start to adds up to your bets and from that point you'll start experiencing losing streaks and there aggressions comes up and push your way to bet more, to the point that in order to quickly recover you'll yolo everything and regret after losing it all.

Most of the time, when you go all in the outcome turned against you, it's better  to keep your patience and let the enjoyment satisfied your desire instead of pushing yourself trying to win more then lose everything after which regret really hurt your butt.

[Blitzboy]

The chances of losing a bet is always higher than that of winning and the mistake people make is thinking that it's vise versa. Because that's the only reason why someone will even consider the option of going all in. Another thing is greed, seeing the possibility of multiplying your bankroll in just one bet, and seeing that risk worth taking, well they should also be prepared for the disappointment that comes later because the chances of loss is there and they should know it.

That is a great truth, but I think people do it unconsciously because when they do it and they are in front of a casino, their chances of winning increase, or their thoughts grow too much towards the positive, and it may be that this thinking blinds them to reality and the reason for things, that is why we must always assume things with the true way of seeing this, games of chance, betting, we must always assume that first we will lose and second that we have to be very aware that how much money We are willing to sacrifice, it is not easy to lose money, that hurts, no one likes to lose money even if they have a lot.

Indeed, gambling is undoubtedly a combination of both psychology and probability. People should always keep these two factors in check because The results are always disastrous and fatal  when people allow sentiments and their emotions to overcloud their judgement when gambling, this causes some gamblers to become too optimistic about the result and outcome of the games thereby paying less attention to the presence and important of probability in gambling, this is often what makes them take certain uncalculated risks without first thinking about the potential consequences attached if the outcome of the game goes contrary to their predictions.

Your odds are against you in this tough business. Too many individuals become emotional and think they'll always win. However, the house always wins. Math, not magic. We must be smarter.

Trouble is, people forget losses and focus on flashy wins. Thinking like that leads to disastrous decisions. You need a plan, not hope. Bet wisely and dont risk more than you can afford to lose. Understanding the game and making measured decisions is key. Casinos arent charities. Designed to make money. Winning is nice, but it shouldnt be your life ambition.

[famososMuertos]

 The term "allin" has a misused connotation, it is really just another bet, it means that you are increasing the total amount of money you have at that moment.

It does not mean 100% risk of all your money ready to play.  So if you lose, it is simply that, going all in does not turn your chances of losing no matter how good you are at your decision, it is just that.

Bets of 1.01 in your favor lose, you never move on "allin" real ( bankroll) to the result of a single bet, so any allin in your playing life should represent 1:1000 of your bankroll.

[Casdinyard]

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.

Provably fair yes, but I don't think having an edge against the player even if by just a little's fair lol. That 1 percent stacked upon multiple bets goes a fucking long way, so you can't be out here thinking they're playing a fair game against you. But it's indeed your fault that you lost the game, and it's also your own stupidity/simple-mindedness (I'm willing to attribute to ignorance what I can attribute to malice at this point lol) which lead you to play a very dangerous game against what could only be a 33.33% chance at winning. You bit the bullet and it ran straight through your teeth.

Anyhow, hope you learned your lesson, even though there's little lesson to be had in this altercation really, just don't go all in and expect to win a buttload of money especially when you're playing with stacked odds against yourself, even gamblers who play only for fun know well to not take all their chances to bet more away for a CHANCE at instant gratification, with the exception being myself but only because I know how to play my cards right and I'm always going for the adrenaline rush plays.

Enough yapping though, be smart, play your cards right, and refrain from blaming anyone and start becoming more accountable for your actions. You can't go really far when you gamble anyway but this just ensures that you don't get lost.

[Orpichukwu]

This is the normal thing with such games, at first you will win a number of times and there after you begin on a losing trend immediately after you increase your amount of strings.


I use to play those card games sometime and I win more when I chose the low, but when the string is on high, the chances of losing becomes extremely high.

Honestly, I just consider gambling to be something funny. Sometimes it's just a game in which we really can't predict the outcome. In the first minute, you might think you know the working strategy. The next minute, you will see that it's no longer working and that you are already recording losses. It's just unpredictable. 
 
There are times when I try to go in with a little more than my usual wager limit, and I might be lucky to win something bigger compared to what I have won that day, which I might be tempted to try again, and if I do, I will see that I will lose both what I entered with and the one that I have won before.
 
So sometimes, no matter the working option for me, I just consider the game the same so that I don't get too confident in it and stake higher.

[Ever-young]

Trouble is, people forget losses and focus on flashy wins. Thinking like that leads to disastrous decisions. You need a plan, not hope. Bet wisely and dont risk more than you can afford to lose. Understanding the game and making measured decisions is key. Casinos arent charities. Designed to make money. Winning is nice, but it shouldnt be your life ambition.

The house always has an edge in every gambling game, so it's wise to always remember this whenever one chooses to gamble. It's even wiser to always have plans and goals when gambling because not having a plan can lead to random gambling especially when you're on a losing side, you might allow your emotions get the best of you and start gambling randomly, increasing your stakes and risks.

That's why having a good plan is essential and no matter what turn the game takes, one should always stick to their plans, this is what makes a responsible gambler.