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Author Topic: Going all in and losing the bet  (Read 2455 times)
synchronym
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May 09, 2024, 10:06:19 AM
 #321

This really happened to a lot of people and they think that is the gambling company that does this. Yes sometimes some gambling company may do such thing but I don’t think the casino can do it. It’s just a coincidence of what happened. You shouldn’t really blame them because it’s not really a plan work I’m not being, or justifying their actions or something but it happens so it’s better you take it gradually because when you go or in the pressure and excitement and intention can never be the same during that period you may make some mistake because of the attention in your mind at the point
When a gambler is constantly losing money, they may blame the liquor companies or the casino owner in various ways, thinking that they may be indirectly responsible for the fact that we have not been able to win in various professions. But basically those who gamble repeatedly and lose half have become psychologically disturbed in various ways, so they must be gambling if they continue to gamble in this way and lose money, at some point they will be twice as financially damaged as they will be mentally broken. So before gambling he must consider himself and his family. Gambling can never be beneficial for people's life, so it is the best way to stay away from such gambling.
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May 09, 2024, 10:25:43 AM
 #322

When a gambler is constantly losing money, they may blame the liquor companies or the casino owner in various ways, thinking that they may be indirectly responsible for the fact that we have not been able to win in various professions. But basically those who gamble repeatedly and lose half have become psychologically disturbed in various ways, so they must be gambling if they continue to gamble in this way and lose money, at some point they will be twice as financially damaged as they will be mentally broken. So before gambling he must consider himself and his family. Gambling can never be beneficial for people's life, so it is the best way to stay away from such gambling.
I had same experience too, when I started online gambling, I normally bet on low odds and constantly win fair profits but there was once I decided to stake higher and increased the odds to get more profits but then just one game made me lose my bet, i tried same strategy another time and same one game made me lose my bet, I was so sad an told my friends never to gamble that the house always manipulate the game.

 I've noticed that once you become greedy, I mean once you try to make higher profits from gambling, you stand a chance of higher chance of losing, if i had maintained my strategy and continue staking big  on little odds maybe I would've achieved the profit I was chasing after some time. But then I wanted it in one day and lots it all. Those are big lessons i learnt, never to be a greedy in gambling and that the house would always have the upper hand so I'll always bet what I can afford to lose.

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summonerrk
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May 09, 2024, 10:47:32 AM
 #323

Such decisions: to abandon a losing bet, or to continue losing money, are very similar to the decisions of a trader to close a losing trade. And of course, such a decision should be made while thinking through a game strategy.
I mean, the gambler has to decide in advance how scary it will be for him to lose all the money.

If there are sources of income, then you can go all-in.

And if the gambler is playing for the last money, then you can't go all-in.

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doomloop
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May 13, 2024, 01:46:58 PM
 #324

At times the best response to losing is to leave and let your head cool down a bit then try again it could be that you kept losing cause your mind has gotten clouded by emotions that you ard losing and I can even further make you lose more if you start trying to recover those loses which is the pitfall of gambling.
No matter how much we say that one should keep a cool head after losing in gambling, it is never possible to keep a cool head because if someone loses in a gambling game, his head will be under a lot of stress immediately after losing, due to which he will not be able to cool his head even if he wants to.
If you make small bets aiming for high multiplier, your head won't be under a lot of stress after losing. I mean, it's obvious, innit? If you lose $0.20, you keep hitting the spin button after that, feeling no stress at all. Make smaller bets, guys, that's what I'm always saying to my fellow gamblers. It's much more interesting(and safer) to make bets like 20 cents aiming for 1,000x+ multiplier than making a bet of $200 aiming for 1.1x. It's such a tragedy when you lose your $200 bet in that case, and it's really nothing when you lose several bets of 20 cents.
Exactly, and some people make the mistake of thinking that the odds are higher for them to win when they reduce the multiplier so it's a clear shot and they can get good returns if they bet with all their bankroll or 50% of it having 1.1x odds or even lower, but they forget that one can lose a bet even with those low multipliers.

I remember when there was a discussion on this board where a guy had lost $1.4m in a bet having 1.01x as the multiplier which gives the gambler more than a 98% chance of winning, but is there any guarantee? No, it's gambling, for god's sake, and you can't expect yourself to win all the time. Imagine aiming to get some profit with such a large amount with such a low multiplier and losing it, that ruins you.

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May 13, 2024, 02:11:16 PM
 #325

Such decisions: to abandon a losing bet, or to continue losing money, are very similar to the decisions of a trader to close a losing trade. And of course, such a decision should be made while thinking through a game strategy.
I mean, the gambler has to decide in advance how scary it will be for him to lose all the money.

If there are sources of income, then you can go all-in.

And if the gambler is playing for the last money, then you can't go all-in.

Going all-in is fun and promises more wins until it's all lost. I don't think wagering all our funds at same time is worth it, due to the risks involved. I do participate in going all-in but in a more careful manner, when not done kindly the player will undergo the risk of losing everything on his bankroll. And this can be addictive to some extent, it reduces the interest one has on spending time in a casino. Thereby introducing the player to a fast gambling habit. Like going all-in immediately they are in the casino. Such habits are detrimental to the health of the player. Although one could wager everything and get lucky but it's rare. I wouldn't try it when I'm not prepared to lose the money, or have extra funds available for other financial responsibilities.

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May 13, 2024, 02:17:47 PM
 #326

Going all-in is fun and promises more wins until it's all lost. I don't think wagering all our funds at same time is worth it, due to the risks involved. I do participate in going all-in but in a more careful manner, when not done kindly the player will undergo the risk of losing everything on his bankroll. And this can be addictive to some extent, it reduces the interest one has on spending time in a casino. Thereby introducing the player to a fast gambling habit. Like going all-in immediately they are in the casino. Such habits are detrimental to the health of the player. Although one could wager everything and get lucky but it's rare. I wouldn't try it when I'm not prepared to lose the money, or have extra funds available for other financial responsibilities.

All-in is not a wise decision. Even though we have a 90% chance, there is still a 10% chance that we can lose. Of course, we will be happy if we get that 90%. But how if we get 10%. Simply put, when we are playing poker, we have a Straight card on hands, we are 90% sure, if we will win. However, the reality is that our opponent has a flush on hand. that maybe only 10% chance of he get that flush, but our confidence in going All-in with a 90% chance of winning just disappears, because the luck is not on our side.

HOLD...
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May 14, 2024, 10:26:42 AM
 #327

You can't just blame the casino just because you lost a bet because previously you were warned that we can't fool the casino, they always have a way to win from their users, maybe at the beginning if you win it is luck that is on your side but You need to know that luck is not always on your side, the casino's chances are greater than its users, we will not be able to beat the house, therefore, avoid risking everything, start gradually. If you feel you are always experiencing losses, you must stop immediately before you lose everything.

Indeed, when someone feels pleasure at the beginning they will try more and more hoping they can win again with a bigger amount but when they risk everything they actually lose and it seems like this often happens to people who are greedy they hope they can win continuously but in fact the casino take back the profits they received previously, this is not manipulation but that is how casinos work to attract the attention of gamblers so we have to be careful not to risk everything if we already feel a small win.
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May 14, 2024, 01:34:36 PM
 #328

Going all-in is fun and promises more wins until it's all lost. I don't think wagering all our funds at same time is worth it, due to the risks involved. I do participate in going all-in but in a more careful manner, when not done kindly the player will undergo the risk of losing everything on his bankroll. And this can be addictive to some extent, it reduces the interest one has on spending time in a casino. Thereby introducing the player to a fast gambling habit. Like going all-in immediately they are in the casino. Such habits are detrimental to the health of the player. Although one could wager everything and get lucky but it's rare. I wouldn't try it when I'm not prepared to lose the money, or have extra funds available for other financial responsibilities.

All-in is not a wise decision. Even though we have a 90% chance, there is still a 10% chance that we can lose. Of course, we will be happy if we get that 90%. But how if we get 10%. Simply put, when we are playing poker, we have a Straight card on hands, we are 90% sure, if we will win. However, the reality is that our opponent has a flush on hand. that maybe only 10% chance of he get that flush, but our confidence in going All-in with a 90% chance of winning just disappears, because the luck is not on our side.

A kind of reality that we needed to understand and anticipate no matter how we analyze things out inside gambling the chance of losing still possible, there's risk and we can't remove that fact, if luck will not be there to back our bet up then the outcome will turn against us, you must understandand always take it into consideration each time you decide to YOLO make sure that you are willing to let the amount go as the chance of losing is high and there's possibilities that instead of quitting and stopping you might deposit more as the adrenaline inside you and that aggression wanting to recover will push you to bet more.

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May 14, 2024, 05:33:21 PM
 #329

The casino side where you gamble must keep their share of the profits whether you win or lose on your gambling. Suppose you lose the gamble and the other person wins the gamble. Together they will get some amount of interest from both the gamblers. While the profit or loss in gambling goes to the common gambler, there is no loss to the casino. Many times we hear that there are some casinos that won't or don't pay big money when they win, but it happens. So we have to gamble in such casino that casino is reliable and they will let you withdraw money immediately even if you profit big money.

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May 14, 2024, 05:44:09 PM
 #330

I expect that for someone who is going all in, then he should also be ready and prepared for loosing it all, this is one of the things we know gambling for, if we cannot accommodate the level of risk involved in what we are doing or in the decision in which we are taking on gambling, then we have to be careful of the risk in which we go for as well, we should engage on doing anything base on our own personal affordability of the conditions involved in them.

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May 14, 2024, 05:47:22 PM
 #331

This is one of the reasons I don't like playing certain games on online casinos.  I mean there are online casinos that I certainly trust more than others, but over all making sure they are "provably fair" seems a little difficult to verify with certain casinos.  I myself like playing games against other IRL people (not an automated bot of whatever) or just doing sports betting, which of course is provably fair.

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May 14, 2024, 06:15:54 PM
 #332

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.

Lol I can definitely relate, that sometimes is feels like the casino are manipulating the result whenever a user decide to go all in . Because most time whenever a user ain't going all in, the chances of he or she winning is high, like back then when I was really into betting I decided to deposit  in a casino ,   so my plans was to small amount from the money to bet , so doing so I was making some good profit but the was not actually big base on the small amount of money i was staking , till I let my greed to interfere, and I endup going all in , in doing so I lose everything.

So that's most time I don't advice anyone to go all in , will actually increase the risk of you losing so much .

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May 14, 2024, 06:24:24 PM
 #333

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 gambling, you cannot avoid risk under any circumstances. Because of this, you should not bet such an amount that if you lose, you will lose your entire amount. Gambling is a critical thing where it is as easy to win as it is to lose.  Here when you place a bet you have to accept that you are going to lose the amount of that bet but if you can win then it will offer you a bonus and if you lose then you will not suffer. so do not get panic when you gamble. just gamble with fresh mind and keep small amount of bet every time.

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May 15, 2024, 06:12:32 AM
 #334

All-in is not a wise decision. Even though we have a 90% chance, there is still a 10% chance that we can lose. Of course, we will be happy if we get that 90%. But how if we get 10%. Simply put, when we are playing poker, we have a Straight card on hands, we are 90% sure, if we will win. However, the reality is that our opponent has a flush on hand. that maybe only 10% chance of he get that flush, but our confidence in going All-in with a 90% chance of winning just disappears, because the luck is not on our side.
You are right, and 10% is still a large percentage for one to risk all their money, I would say one shouldn't even do it if they have a 98% chance of winning because there is still a 2% chance of losing and if you are unlucky, the bet will go against you, it's gambling at the end of the day, and you can't expect to win a bet even with 99.9% winning odds in your favour as long as you are unlucky. So, it's better to only risk what's reasonable for us to risk.

When you risk only a small percentage of your total bankroll and lose it, you will still have some hope that you have most of your bankroll safe and you might make that money back, but even if you don't, you at least get to gamble for a while instead of starting, making one bet, and losing everything in it.

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May 15, 2024, 06:26:27 AM
 #335

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 gambling, you cannot avoid risk under any circumstances. Because of this, you should not bet such an amount that if you lose, you will lose your entire amount. Gambling is a critical thing where it is as easy to win as it is to lose.  Here when you place a bet you have to accept that you are going to lose the amount of that bet but if you can win then it will offer you a bonus and if you lose then you will not suffer. so do not get panic when you gamble. just gamble with fresh mind and keep small amount of bet every time.
Of course, gambling is risky, many people gamble easily without thinking about the risk and lose money continuously. Gambling sometimes makes people's life very difficult. Many people gain money by gambling and because of addiction to gain money, they go to gamble again if their luck is good then they gain money and if their luck is bad then they lose money. If a gambler ever thought that the amount of money I was wasting gambling, if I had invested in some business, I would have made a good profit and lived a quality life. But a gambler would never think that positive thing. Many times gambling is played as a joke and at one time they become so addicted to gambling that they cannot come out even if they want to. There are also families who just play this gamble and get into debt to such an extent that their family has to face creditors constantly. With creditors constantly coming and threatening his family, a gambler would never have put his family in danger if he thought about his family.
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May 15, 2024, 06:33:07 AM
 #336

This is one of the reasons I don't like playing certain games on online casinos.  I mean there are online casinos that I certainly trust more than others, but over all making sure they are "provably fair" seems a little difficult to verify with certain casinos.  I myself like playing games against other IRL people (not an automated bot of whatever) or just doing sports betting, which of course is provably fair.
Obviously if the game is playing with humans again or sports betting is fairer because there is no bot system in it that accompanies our game, justice in a game like that is very biased and we will not be able to guess whether it is fair or not, most people think that when they lose and feel something is wrong like consecutive games in a game based on the bot system, they will think that the casino is behaving unfairly, but who knows about it.

But if they win, will they assume that there is a wrong system in our game.

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May 15, 2024, 07:52:59 AM
 #337

This is one of the reasons I don't like playing certain games on online casinos.  I mean there are online casinos that I certainly trust more than others, but over all making sure they are "provably fair" seems a little difficult to verify with certain casinos.  I myself like playing games against other IRL people (not an automated bot of whatever) or just doing sports betting, which of course is provably fair.
Obviously if the game is playing with humans again or sports betting is fairer because there is no bot system in it that accompanies our game, justice in a game like that is very biased and we will not be able to guess whether it is fair or not, most people think that when they lose and feel something is wrong like consecutive games in a game based on the bot system, they will think that the casino is behaving unfairly, but who knows about it.

But if they win, will they assume that there is a wrong system in our game.

But mind you, there's still a huge number of people losing in sports betting, in fact even bigger than what we can lose in a casino because we think the game is fair that's why we tend to do it regularly. I myself believe that it's possible to succeed in sports betting, but until now it's still that believe that I have in me as I have not succeeded in sports betting yet. Anyway, if i would choose on my favorite type of gambling, I'll always choose sports betting.

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May 15, 2024, 11:09:28 PM
 #338

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 gambling, you cannot avoid risk under any circumstances. Because of this, you should not bet such an amount that if you lose, you will lose your entire amount. Gambling is a critical thing where it is as easy to win as it is to lose.  Here when you place a bet you have to accept that you are going to lose the amount of that bet but if you can win then it will offer you a bonus and if you lose then you will not suffer. so do not get panic when you gamble. just gamble with fresh mind and keep small amount of bet every time.

If you can keep that kind of practice then it will be enjoyable for you when you gamble, but when you use the amount that you are unwilling to let go expect the stress to haunt you  as most of the time your usual reaction is to regret and worse try to add more money to try recovering your losses which can lead you  to much bigger problem,  it's better to be ready in accepting your fate than trying to push for more that will mostly ended with regrets. 


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May 16, 2024, 12:39:50 AM
 #339

I prefer going small because it is risk when stake high and it even becomes more emotional and you will be worried a lot and during that process you may not get back yourself because you stake high, it is always a risky but we still need to participate on it because give you some level of understanding and on how to play higher games. I like Stalin with big amounts but with some strategy



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May 16, 2024, 07:13:26 AM
Last edit: May 16, 2024, 07:26:18 AM by Betwrong
 #340

~
Exactly, and some people make the mistake of thinking that the odds are higher for them to win when they reduce the multiplier so it's a clear shot and they can get good returns if they bet with all their bankroll or 50% of it having 1.1x odds or even lower, but they forget that one can lose a bet even with those low multipliers.
~

Loosing with 90% win chance(or 1.1x multiplier) is easier than many people imagine. And many gamblers think if they lost once it won't happen right away for the second time for sure. So, after losing their bet at 90% win chance they go all-in in their next bet, and, as it happens quite often, they lose that bet too. Then they start saying: "It can't be. The site is rigged!" and stuff. But the simple answer to that is - it can. And it can happen the third time in a row too.

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BC.GAME
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..CASINO....SPORTS....RACING..


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