From 650 Bitcoins to one: Why you should never gamble

[yahoo62278]

why exactly would you gamble so much? i just dont understand why someone would throw so much money away. ive never had more than 2btc to my name and i gamble everyday. gotta limit yourself and call it quits when the lucks running bad. sorry for your loss but cmon, you had the chance to stop way up

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[BigBoy89]

wow you had a lot profit from gambling previously
too bad you didn't cash it partly and enjoy your winning
so sorry for you, me too avoid gambling because lose too often and in long terms we can't defeat house edge of casino
although i bet just for fun, never do it seriously

[Netpyder]

Well, I have a gambling problem and I will ask my "Shrink" for help. My problem is that I like to play roulette. So long story short, I made it from 650 Bitcoins, where almost 600 were pure profit, to one. You can check it here: https://blockchain.info/de/address/1GJ7EMh9JyyBAKteQZLHXn8jbHz5ymfCqW And 340 Bitcoins from my winnings are not even in the Blockchain, als I only had them ingame (roulette) and sadly did not cash out until I had lost everything.

So here is my warning: Never gamble! It is just not worth it! Not the money, not the nerves. I also have played roulette wiht Fiat money in the last 10 years, my total loss up to date is around 25'000 Dollars. I now only have 1.4 Bitcoinis and 10.250 Million Dogecoins left...Now I just have the money to make ends meet.

mannn i feel really sad for you. i know how its like. i lost a lot of fiat money in roulette. started by black and red, odd and even. then started to win big and gambled on numbers making my odds 37-1
and ended up losing approximately the same amount you lost but in fiats.

650 bitcoins man

650 x 285$ is $185k lost.

Sorry for your loss man.

everybody will say "you should know when to stop betting..." but only someone who gambles will know what addiction there is in that.

i wish you luck in getting out of it. sorry for your loss mate.

[Netpyder]

why exactly would you gamble so much? i just dont understand why someone would throw so much money away. ive never had more than 2btc to my name and i gamble everyday. gotta limit yourself and call it quits when the lucks running bad. sorry for your loss but cmon, you had the chance to stop way up

when you have 650btc,

and you started from 50btc to that number..

suppose you lose from 650 -50 btc and has 600btc left. you will never think : hey i am still over the house, i have won 550 btc. you will always think how to get the 50btc lost back. and thats where your losses starts getting to a point where you cannot get them back but continues to "try"
gambling....

[M28MmickT]

Oh no this is bad news but not the worst news as you have managed to buy something from it (that always feels better) and like you say a lot of it was profit so that is awesome little gutted for you as you could have left the game even over all i mean after you deduct the money lost in fiat. Either way you win some nd you lose some so head up mate and try calm down abit in future.

[waterpile]

sorry to hear that gambling ruined your life man.. We've seen other stories like this but yours is more brutal losing so much money in a blink of an eye

[Bralex]

sorry to hear that gambling ruined your life man.. We've seen other stories like this but yours is more brutal losing so much money in a blink of an eye

Not as bad as you think when you do think about it, he won around 650btc which was mainly profit and then he brought something for around 40 btc i believe and then lost most of his profit.

So really he only lost his profit so he never ruined his life although he could have had a much easier life had he not done that. The main thing is to live and learn.

[yenzae0215]

why exactly would you gamble so much? i just dont understand why someone would throw so much money away. ive never had more than 2btc to my name and i gamble everyday. gotta limit yourself and call it quits when the lucks running bad. sorry for your loss but cmon, you had the chance to stop way up

when you have 650btc,

and you started from 50btc to that number..

suppose you lose from 650 -50 btc and has 600btc left. you will never think : hey i am still over the house, i have won 550 btc. you will always think how to get the 50btc lost back. and thats where your losses starts getting to a point where you cannot get them back but continues to "try"
gambling....

so that is why you need a better self discipline if you dont want to lose what you've fain already

[Netpyder]

why exactly would you gamble so much? i just dont understand why someone would throw so much money away. ive never had more than 2btc to my name and i gamble everyday. gotta limit yourself and call it quits when the lucks running bad. sorry for your loss but cmon, you had the chance to stop way up

when you have 650btc,

and you started from 50btc to that number..

suppose you lose from 650 -50 btc and has 600btc left. you will never think : hey i am still over the house, i have won 550 btc. you will always think how to get the 50btc lost back. and thats where your losses starts getting to a point where you cannot get them back but continues to "try"
gambling....

so that is why you need a better self discipline if you dont want to lose what you've fain already

many times you WILL lose dicipline and self control

[Bitminer1224]

Gambling is just like drugs; you can have fun in moderation but not knowing when to stop can ruin your life pretty quickly.

I agree, it can be fun, but never get carried away.

[michinzx]

holy shit thats a huge loss, why not cash out after you lost some? like at 400 ish?

[anshar]

Gambling is just like drugs; you can have fun in moderation but not knowing when to stop can ruin your life pretty quickly.

I don't think gambling could've been explained better in one sentence.

OP: It's too late now. Losing the first time should've taught you enough.

[Bardman]

Gambling is just like drugs; you can have fun in moderation but not knowing when to stop can ruin your life pretty quickly.

I don't think gambling could've been explained better in one sentence.

OP: It's too late now. Losing the first time should've taught you enough.

The human being trips two times with the same rock

[WEBcreator]

sorry to hear that gambling ruined your life man.. We've seen other stories like this but yours is more brutal losing so much money in a blink of an eye

Not as bad as you think when you do think about it, he won around 650btc which was mainly profit and then he brought something for around 40 btc i believe and then lost most of his profit.

So really he only lost his profit so he never ruined his life although he could have had a much easier life had he not done that. The main thing is to live and learn.

agreem he lost his profit mainly, that doesnt really ruin your life, you could be in frustation but that wont ruin your life, imagine if that is purely his money, he would have been banging head on the wall already 

[sherbyspark]

Well Gambling is actually the only way to lose money guaranteed. There is no way to always profit from the games.
However I remember watching people running 1 BTC to 400 BTC in the past and anything is possible. But in the end, its all luck and its not a smart move to continue gambling for long.

[sandy47bt]

So, why do you keep gambling even you know you already lost a lot of bitcoin ?
God have punish you.

Remember, nobody can beat house edge

[Omikifuse]

sorry to hear that gambling ruined your life man.. We've seen other stories like this but yours is more brutal losing so much money in a blink of an eye

Not as bad as you think when you do think about it, he won around 650btc which was mainly profit and then he brought something for around 40 btc i believe and then lost most of his profit.

So really he only lost his profit so he never ruined his life although he could have had a much easier life had he not done that. The main thing is to live and learn.

for me getting a chance of being multimillionaire, considering where the prices can head, is a live destroying event.

Of course lose 650 BTC from my own pocket would be worse

[inigthz]

Sometimes several website give the winning first. Then, while you get ambition to win more.. you will lose slowly.

That's hurt. Finally, when you out of control, you decide to all in.

And that's mean time for sleep. 

[avw1982]

Sometimes several website give the winning first. Then, while you get ambition to win more.. you will lose slowly.

That's hurt. Finally, when you out of control, you decide to all in.

And that's mean time for sleep. 

Indeed. You must not to be greedy. Stop when you have enough and be satisfied with it.

[Ingatqhvq]

Sometimes several website give the winning first. Then, while you get ambition to win more.. you will lose slowly.

That's hurt. Finally, when you out of control, you decide to all in.

And that's mean time for sleep. 

Indeed. You must not to be greedy. Stop when you have enough and be satisfied with it.

I am totally agree with you, gambling is ok, but not to be greedy. Only bet for fun.
Not bet to much.