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Author Topic: Lost all 0.4 BTC in first 3 bets. :(  (Read 3912 times)
AceWallen
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January 05, 2015, 07:34:51 PM
 #101

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.

exactly. the way to recover losses is not to increase the risk, but most bettors do exactly that, and go broke all the quicker. it's sad, but that's the gambler's way. Tongue
MasterYii
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January 05, 2015, 08:35:01 PM
 #102

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

Yeah, but even though we know common sense.

Self control seems to be the big issue here if anything.
Chillance
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January 05, 2015, 09:45:56 PM
 #103

By the way, martingale doesn't help if house has the edge. You will lose eventually. There are martingale simulations online you can run to see this yourself. I even tested on primedice with their free btc you can get there.
uki
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January 05, 2015, 10:25:25 PM
 #104

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.  
And how many gamblers have forgotten to take their wins when they were still in green numbers and they lost in the end?
Risk is fine, but taking into account probabilities and house edge, you have to lose in the long run.
I think sethminer14 got it right, and I also would suggest following his hint. Really.

this space is intentionally left blank
Miss Fortune
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January 05, 2015, 10:38:56 PM
 #105

I seen bigger loss then this, like -3 btc in first 3 bets. But yeah the feeling of a loss is all too common.

Just lower your principal and then you wont have to feel like crap.
mordekaiser
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January 06, 2015, 04:27:36 PM
 #106

Its good to understand you saw your mistakes or within this loss.

But do not let it cripple you from gambling again.
akustik
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January 06, 2015, 04:33:05 PM
 #107

if u decide playing any gambling
you should look your tat money to losing money
and you should play with small prize for you..
AT101ET
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January 06, 2015, 04:34:32 PM
 #108

Don't gamble. You're more likely to lose than win (otherwise there's no profit for the house).
Best to just stay away. Count yourself lucky that it wasn't your life savings and learn a lesson the hard way.
brownboy
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January 06, 2015, 05:11:12 PM
 #109

Oh my God!
I'm shocked... Shocked
coingamblingreviews
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January 07, 2015, 11:08:32 AM
 #110

ouch  Undecided

ponzigo
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January 07, 2015, 03:22:44 PM
 #111

Oh my God!
I'm shocked... Shocked
Shocked for what exactly?

Don't bring to bitcointalk your shitty scams. I'll try them and tell the truth.
clubminer2
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January 07, 2015, 04:22:02 PM
 #112

Gambling ??
had no time anymore.

I'm invest $2,500 USD get profit $8,000 USD within 2 days.
Real and really amazing here : http://imgur.com/wXFGSpZ

 Cool  Cool  Cool
LuckyBtc
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January 07, 2015, 04:41:13 PM
 #113

Gambling ??
had no time anymore.

I'm invest $2,500 USD get profit $8,000 USD within 2 days.
Real and really amazing here : http://imgur.com/wXFGSpZ

 Cool  Cool  Cool
That's really good you made 5500$ profit, What kinda website is that ponzi?
Nami
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January 07, 2015, 06:36:18 PM
 #114

Gambling ??
had no time anymore.

I'm invest $2,500 USD get profit $8,000 USD within 2 days.
Real and really amazing here : http://imgur.com/wXFGSpZ

 Cool  Cool  Cool

I cant really see that well for your image, but it seems to be a trading plateform? it states "buy" and "sell"?
Nasus
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January 07, 2015, 07:51:15 PM
 #115

Change your principal balance and earn your way up there, so you wont have to lose an enormous amount.
Nautiluss
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January 07, 2015, 09:03:22 PM
 #116

If you play like that, you mind as well do 90% and bet .4 btc. maybe win like 2-3 lines then quit per day.

I've done this, just try to win a little then quit, and you're ahead.  Maybe invest, if keep gambling you have to lose sometime.

Yeah, but not everyone is like you though lol. Most want more and they continue to play.. which screws them over hard.

Then go through a emotional phase.. then it becomes anger lol.
Nidaleee
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January 07, 2015, 10:47:57 PM
 #117

If that ever happened to me, I would just play something else.

I rarely heard of that site alone..
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