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Author Topic: Lost all 0.4 BTC in first 3 bets. :(  (Read 3809 times)
sickhouse
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January 01, 2015, 12:32:48 AM
 #81

Too bad for you mate, but it's pretty likely to happen after some bets - the first 3 isn't too likely though but numbers have no memory.

Turn off the news and read. Watch Psywar, learn something important about our society and PR, why and how it got started and how it brainwashes you.
kassadin
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January 01, 2015, 12:53:53 AM
 #82

just remember theres better games out there to play outside from this. Try poker, i think it has better odds.
letyouearn
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January 01, 2015, 10:57:39 AM
 #83

May be that site owner just started this website to only get profit himself not to the players who will play on his site.

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sandykho47
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January 01, 2015, 12:40:51 PM
 #84

That's too bad
At least you lose your BTC when the price still low

Maybe next time you have to use more safer strategy  Grin

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January 02, 2015, 09:49:36 PM
 #85

May be that site owner just started this website to only get profit himself not to the players who will play on his site.

if they had that mind set I dont think he`ll close the website down really soon. there would be a service discussion thread, about a scam and thats when all the players pretty much run.
grendel25
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January 02, 2015, 09:59:31 PM
 #86

Betting can be streaky.  Maybe you should reconsider the betting strategy.  If you lose more than you were willing to in the first three hands then that tells me your strategy wasn't really in order.  Always start small and be very patient.  Gambling is NOT a get rich quick scheme but you can do very well in the long run if you pace yourself and play smart.

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leblanc
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January 02, 2015, 10:43:24 PM
 #87

Take a step back in gambling based on what I see.

Its very easy to lose everything you earned, long hours of work what you lost. Unless you make that in a day or less, then no big deal. I would just take a break from gambling though.

leesin
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January 02, 2015, 11:36:56 PM
 #88

That's too bad
At least you lose your BTC when the price still low

Maybe next time you have to use more safer strategy  Grin

Thats pretty true. When btc prices are low, its a faster recovery for most.

But when its high like the good old mt. gox days when btc value was $1,000 .1 being $100 is fuken crazy.
darkmind
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January 02, 2015, 11:44:17 PM
 #89

Learn the lesson, bet only the money you can afford to lose, never use martingale unless you have infinite amount of money to bet

leonaa
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January 03, 2015, 12:54:29 AM
 #90

No one can martingale period. It takes an enormous amount of balance, to keep on doubling on each time per loss until you hit a win.
Puberty
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January 03, 2015, 01:11:45 AM
 #91

May be that site owner just started this website to only get profit himself not to the players who will play on his site.

The house edge means that the site is already designed to make a profit for the owner and a loss for the players.

No one can martingale period. It takes an enormous amount of balance, to keep on doubling on each time per loss until you hit a win.

Satoshi could probably use his enormous balance to martingale and win on any dice site. Even PD wouldn't stand a chance.

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coingamblingreviews
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January 03, 2015, 02:58:30 AM
 #92

ouch  Shocked

Gyfts
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January 03, 2015, 03:14:52 AM
 #93

It's not that uncommon to hit a loosing streak like that even at that type of multiplier. Be sure to verify your bets if you aren't sure but this does happen all the time. Just weren't lucky this time.
lissandra
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January 03, 2015, 05:28:41 PM
 #94

House edge can really fuck us over. And this is just a illustration of that, if you dont know then now you do.


luciann
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January 03, 2015, 07:02:00 PM
 #95

May be that site owner just started this website to only get profit himself not to the players who will play on his site.

The house edge means that the site is already designed to make a profit for the owner and a loss for the players.

No one can martingale period. It takes an enormous amount of balance, to keep on doubling on each time per loss until you hit a win.

Satoshi could probably use his enormous balance to martingale and win on any dice site. Even PD wouldn't stand a chance.

But if its Satoshi, I think he would just be smart not wanting to gamble in general lol.

Just holding is enough.

malphite
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January 03, 2015, 07:57:25 PM
 #96

ouch  Shocked

ouch is right.

Now imagine if the btc value was extremely high. That would be a ouch like wtf moment ouch.
sethminer14
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January 04, 2015, 12:23:38 AM
 #97

Best thing to do is practice some common sense. Tongue
Having a job will likely get you much more money than gambling ever will

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January 04, 2015, 06:36:49 AM
 #98

Best thing to do is practice some common sense. Tongue
Having a job will likely get you much more money than gambling ever will

Well said bro. But gambling is also the short cut to make money in less time by taking some risk. If you win , then collect all those money and spend them. 

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AceWallen
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January 04, 2015, 06:41:47 AM
 #99

gotta use better risk management than that. statistically, you're bound to go broke that way. (well, statistically, you're bound to go broke playing against the house anyway)
malzahar
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January 05, 2015, 05:37:51 PM
 #100

gotta use better risk management than that. statistically, you're bound to go broke that way. (well, statistically, you're bound to go broke playing against the house anyway)

its because most just increase their wager to try on making it back on the next bet.

if people bet smaller increments and built their balance then thats the only risk management.
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