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Topic: $90,000 all in bet (Read 825 times)

legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
June 19, 2023, 06:56:35 PM
If I knew the guy and was aware before the bet was being made, I would have put something the other way against the bet.  Least I could do so that I could buy some beer in consolidation if the bigger bet had lost.    Its not really possible to avoid losses but I very much want to avoid the all or nothing approach just from the vast experience of how any game can end randomly and not the result it should have been or was most likely.   In sports betting you can never tell if the players are tired out from travelling, distracted or just recovering in some way, injuries, anything at all can be the random factor that disrupts your idealized view of the game.
You are right, but then some (I should call them professional gamblers) still put all this you mentioned into consideration while casting their bets, it is true that a regular gambler like myself don't care to now what if the team are tired from traveling , or just recovering from illness, injuries or anything similar, most of us don't care about this things and also consider them important to have an impact on the outcome of a game, but the professionals do, and maybe that is what indeed makes them professionals - having to look at every angle and every and anything that could have an impact to the outcome of the game and betting according to the findings sure does increase the chances of winning, but I will still want to argue that it's not always like most would think.
STT
legendary
Activity: 4088
Merit: 1452
June 19, 2023, 06:40:52 PM
If I knew the guy and was aware before the bet was being made, I would have put something the other way against the bet.  Least I could do so that I could buy some beer in consolidation if the bigger bet had lost.    Its not really possible to avoid losses but I very much want to avoid the all or nothing approach just from the vast experience of how any game can end randomly and not the result it should have been or was most likely.   In sports betting you can never tell if the players are tired out from travelling, distracted or just recovering in some way, injuries, anything at all can be the random factor that disrupts your idealized view of the game.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
June 19, 2023, 04:20:21 PM
This is crazy. Not sure how I didn’t se it sooner (or if I did then I forgot). I couldn’t imagine making such a massive bet. OP must be a wealthy dude to be able to toss nearly six figures at a sporting event. Props for doing it publicly and announcing it beforehand. That must have been one hell of a nervous game to watch.

The OP is hurt and he might be weeping after the loss, but what else he can do now other than regretting. I feel really bad for the guy and like you I also saw the post right now, but felt very bad after seeing him losing the whole money. The OP could withdraw half of the money and would enjoy his life for many years, however when someone becomes too greedy then that person get blind and his/her mind stops working because of greed. The guy has done a great mistake and he would always remember the event. I hope that others including me would learn from the mistake of the OP, and we should never ever do something like this. Luck doesn't favor all the time and in sports it really doesn't, it's one of the best lessons which a gambler could learn.
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
June 19, 2023, 04:08:05 PM
This is crazy. Not sure how I didn’t se it sooner (or if I did then I forgot). I couldn’t imagine making such a massive bet. OP must be a wealthy dude to be able to toss nearly six figures at a sporting event. Props for doing it publicly and announcing it beforehand. That must have been one hell of a nervous game to watch.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 19, 2023, 04:03:36 PM
As long as we still have our jobs and business that can provide us an income, we can be able to bet again. We can also ask money to our family, friends and relatives. Maybe some do an all-in bet because they lack in patience. They want to double, triple, xxx.. their money instantly and maybe they don't want to stay long enough inside the casino because they still have something important to do outside.
Or are we to say that it was because O.P made his game public that was the reason why he/she lost? Because I'm still thinking.. Moreover, I still believe that for O.P to have staked all $90k on a single game, is a clear sign he/she is an already established individual who is financially buoyant and seems to have been recycling such huge funds a long time ago, of which I don't think will be hard for him to get back on track anytime soon. However, I still agree with the first speaker not to always stake all our funds on a single game no matter how confident we seem to have over a particular game, as most times the unexpected happens when we least expect it.
It is obvious that if you can make such a high bet then the OP could have done this before, but I will admit that risking everything on a single bet does not seem like the best strategy to me, after all even if you happen to win the risk taken was simply too high for my tastes, it would have been better to just take smaller bets, that way even if you happened to lose several times in a row the damage to your capital would have been minimal and you will have a chance of eventually recovering all the money which has been lost.
Each gambler has a different mindset and gambling strategy when it is about winning big, some gamblers like to make smaller steps and accumulate all profit at the end of the journey while other gamblers like to risk small and hope to win big one day. The last category gamblers are in sports since the chances are higher to hit a big multi-combo with average odds in sports bookies. Several times I have tried to make such bets but it doesn't work for me as expected. I am type of the gambler who likes to bet 1/100 of the bankroll and make some profit when it is time to leave the casino.
legendary
Activity: 3122
Merit: 1140
June 13, 2023, 06:50:34 PM
As long as we still have our jobs and business that can provide us an income, we can be able to bet again. We can also ask money to our family, friends and relatives. Maybe some do an all-in bet because they lack in patience. They want to double, triple, xxx.. their money instantly and maybe they don't want to stay long enough inside the casino because they still have something important to do outside.
Or are we to say that it was because O.P made his game public that was the reason why he/she lost? Because I'm still thinking.. Moreover, I still believe that for O.P to have staked all $90k on a single game, is a clear sign he/she is an already established individual who is financially buoyant and seems to have been recycling such huge funds a long time ago, of which I don't think will be hard for him to get back on track anytime soon. However, I still agree with the first speaker not to always stake all our funds on a single game no matter how confident we seem to have over a particular game, as most times the unexpected happens when we least expect it.
It is obvious that if you can make such a high bet then the OP could have done this before, but I will admit that risking everything on a single bet does not seem like the best strategy to me, after all even if you happen to win the risk taken was simply too high for my tastes, it would have been better to just take smaller bets, that way even if you happened to lose several times in a row the damage to your capital would have been minimal and you will have a chance of eventually recovering all the money which has been lost.
Each person does have different style and different approach on things on which it would really be might seeing that this all-in bet is really that way too risky or something not that enjoyable but instead it would be ideal
if it would really be sliced up on partitions then it would really be lessening out the risks on blowing up that 90k in one go. If we do see the estimate payout then its big which it is really that x2 of the bet amount
but we know that there's always that 50% chance of losing between losing and winning on a particular game.

If OP do able to bet up something like this big on a single match then he had get used to on betting into other games as well with this kind of betting behavior.It is really just that other or most
gamblers or bettors cant really be able to comprehend on what kind of betting behavior does he has. It not something that everyone could be able to do so due to this very big amount
on a single game.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
June 13, 2023, 03:03:57 PM
As long as we still have our jobs and business that can provide us an income, we can be able to bet again. We can also ask money to our family, friends and relatives. Maybe some do an all-in bet because they lack in patience. They want to double, triple, xxx.. their money instantly and maybe they don't want to stay long enough inside the casino because they still have something important to do outside.
Or are we to say that it was because O.P made his game public that was the reason why he/she lost? Because I'm still thinking.. Moreover, I still believe that for O.P to have staked all $90k on a single game, is a clear sign he/she is an already established individual who is financially buoyant and seems to have been recycling such huge funds a long time ago, of which I don't think will be hard for him to get back on track anytime soon. However, I still agree with the first speaker not to always stake all our funds on a single game no matter how confident we seem to have over a particular game, as most times the unexpected happens when we least expect it.
It is obvious that if you can make such a high bet then the OP could have done this before, but I will admit that risking everything on a single bet does not seem like the best strategy to me, after all even if you happen to win the risk taken was simply too high for my tastes, it would have been better to just take smaller bets, that way even if you happened to lose several times in a row the damage to your capital would have been minimal and you will have a chance of eventually recovering all the money which has been lost.
hero member
Activity: 1092
Merit: 747
June 13, 2023, 12:27:24 PM
One should never bet with a full stream of total assets. Because if you lose, where will you get the resources to bet again, so you should divide the resources into smaller bets so that if you lose, you don't have to borrow resources to bet later. Once the OP wins here and owns a long asset he shouldn't have bet all his assets afterwards.
As long as we still have our jobs and business that can provide us an income, we can be able to bet again. We can also ask money to our family, friends and relatives. Maybe some do an all-in bet because they lack in patience. They want to double, triple, xxx.. their money instantly and maybe they don't want to stay long enough inside the casino because they still have something important to do outside.
Or are we to say that it was because O.P made his game public that was the reason why he/she lost? Because I'm still thinking.. Moreover, I still believe that for O.P to have staked all $90k on a single game, is a clear sign he/she is an already established individual who is financially buoyant and seems to have been recycling such huge funds a long time ago, of which I don't think will be hard for him to get back on track anytime soon. However, I still agree with the first speaker not to always stake all our funds on a single game no matter how confident we seem to have over a particular game, as most times the unexpected happens when we least expect it.


legendary
Activity: 2548
Merit: 1009
Leading Crypto Sports Betting & Casino Platform
June 13, 2023, 10:16:13 AM
As it inspires other gamblers to bet continuesly on sports betting, whoever is being inspired should not fail to read the later part of the op where it is made known that op later lost it all, it is a tale of good beginning with a very bad ending, op should not be emulated in his style of gambling/betting, those who follow the same style of betting as op should be rest assured they would surly end up with the same result as the op - and that is losing it all at when you least expect it, making money in gambling requires having a good sense, something op lacked because he allowed his addiction control his brains.

Actually, we could do with what the OP did in his staking. it's just that mentality and discipline are needed in every bet. Moreover, what we are discussing here is sports betting which incidentally provides a high winning option compared to casino betting. ideally we bet on single bets, but by multiplying each win. if betting multibet, the risk will be very vulnerable. one more thing, what OP is doing in his betting will involve patience. that means, the OP doesn't bet on many games. for example, out of the 10 scheduled matches that will be held, the OP might only choose 1 bet. even then, after going through a long selection and research. and the team with the most potential, is the choice that will be at stake.

To be honest, i can do it but not guaranteed to be able to do like the OP posted in this thread. well, the problem lies in what you say. basically, every time we make a bet, we don't guarantee a win, even though we have gone through research and analysis methods. point is, the OP is too obsessed with what he's targeting. whereas, not always we will win the bet. however, at least I quite applaud what the OP did. at the very least, he proved that he could win the gamble to an extent that most of us likely wouldn't. because for me, what OP is doing is getting profit. the difference with me, just betting for fun. even then, with a small bankroll.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
June 13, 2023, 08:42:47 AM
I have been able to turn $4,000 into $90,000 over the course of a week. Today, I am going all in on a bet I am very confident in.

FRANCE LEAGUE 2: GRENOBLE - GUINGAMP

UPDATE: A MISSED PENALTY AND A LOSS. BACK TO THE DRAWING BOARD.

Jesus Christ! Did you just waste a fortune and a life-changing amount on a single bet Angry This is not bravery, this is not smartness, this is not a good decision, this is not a good strategy, whatever your intentions were, I will be frank with you on this one that this is a big mess up, there is nothing you will say that will justify this money you wasted, it would have been better if you had just put 1k to reduce the risk, now you are not with the initial amount of $4000 and the $90,000 you had in mind as greed didn't come as well. Just so you know, I removed the image you added to your OP I quoted, it wasn't necessary for the world to see, you should see it alone and swallow it yourself. Undecided Undecided
sr. member
Activity: 756
Merit: 390
June 13, 2023, 07:58:20 AM
As long as we still have our jobs and business that can provide us an income, we can be able to bet again. We can also ask money to our family, friends and relatives. Maybe some do an all-in bet because they lack in patience. They want to double, triple, xxx.. their money instantly and maybe they don't want to stay long enough inside the casino because they still have something important to do outside.

I never tried borrowing money to gamble again but I admit that I am thinking about it last time but I'm thankful that I still didn't do it. It could only add up to our problems because there is no guarantee that we can win once we come back in the game.

You cannot be certain in these times that your job will stay the next day. It is always a good idea to start slow and divide multiple wins. It is always advised to gamble with 80 percent of your profit and never go all in. The problem with OP is that he/she lacks patience and has high greed which causes him to lose his mind, ending with losing everything. Such erratic behavior only happens when a gambler becomes overconfident. That is why patience is the biggest skill a gambler needs to have while creating a strategy.
hero member
Activity: 2562
Merit: 586
June 13, 2023, 07:31:30 AM
One should never bet with a full stream of total assets. Because if you lose, where will you get the resources to bet again, so you should divide the resources into smaller bets so that if you lose, you don't have to borrow resources to bet later. Once the OP wins here and owns a long asset he shouldn't have bet all his assets afterwards. (Because covetousness is sin, sin is death) This is especially true of gamblers because I myself have lost wealth over and over again through greediness. Especially when the money goes to the betting just keeps going and a lot of money has to be borrowed at the last minute. The above strategy should be used to avoid such debts.
As long as we still have our jobs and business that can provide us an income, we can be able to bet again. We can also ask money to our family, friends and relatives. Maybe some do an all-in bet because they lack in patience. They want to double, triple, xxx.. their money instantly and maybe they don't want to stay long enough inside the casino because they still have something important to do outside.

I never tried borrowing money to gamble again but I admit that I am thinking about it last time but I'm thankful that I still didn't do it. It could only add up to our problems because there is no guarantee that we can win once we come back in the game.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
June 12, 2023, 06:40:55 PM
In other words this post can inspire others to bet continuously on sports betting to get big returns like Op.
Big return? Eventually he even lost his initial $4000.

It seems $90,000 is an amount of money for op who is okay to lose it so he did not care even when he could withdraw any amount from it. May be a $50,000 or $80,000 and keep the rest to continue the entertainment. $10,000 is still a lot of money considering his deposit of $4,000.

But there is the saying, house always wins. House indeed won and became $4,000 richer to pay their bills and staffs and to make their balance sheet better.

We are looking at a high-roller bettor who is not comfortable with just doubling his bet, he is a winner take all player he is a sports bettor and he seems to be good at it, I don't see him beating the house he should have a more realistic approach to gambling and stop doing all out.

I don't how rich he is but if he keeps doing this for months he will lose a lot of money, and this will have an impact on his finances, my advice is to not imitate OP he is capable so he can keep up.

for one, if you are a sports bettor, you should not copy someone else's strategy as you have other things to consider first. your bankroll, and your knowledge about the sports itself.
if you will follow others, definitely, you will end up broke and no one will save you from your situation but yourself. you can only bet continuously if you have your bankroll continuously flowing and you know the sports at least.
With Casinos we shouldn't copy strategies which won't work. With sports betting the win is completely upon the knowledge the person have got relative to the game along with the luck factor. With sports betting we can follow the strategies, but the amount spent should be much connected to the affordability of us and not based on the gambler who's strategy is copied.
legendary
Activity: 3122
Merit: 1102
Leading Crypto Sports Betting & Casino Platform
June 12, 2023, 06:05:04 PM
In other words this post can inspire others to bet continuously on sports betting to get big returns like Op.
Big return? Eventually he even lost his initial $4000.

It seems $90,000 is an amount of money for op who is okay to lose it so he did not care even when he could withdraw any amount from it. May be a $50,000 or $80,000 and keep the rest to continue the entertainment. $10,000 is still a lot of money considering his deposit of $4,000.

But there is the saying, house always wins. House indeed won and became $4,000 richer to pay their bills and staffs and to make their balance sheet better.

We are looking at a high-roller bettor who is not comfortable with just doubling his bet, he is a winner take all player he is a sports bettor and he seems to be good at it, I don't see him beating the house he should have a more realistic approach to gambling and stop doing all out.

I don't how rich he is but if he keeps doing this for months he will lose a lot of money, and this will have an impact on his finances, my advice is to not imitate OP he is capable so he can keep up.

for one, if you are a sports bettor, you should not copy someone else's strategy as you have other things to consider first. your bankroll, and your knowledge about the sports itself.
if you will follow others, definitely, you will end up broke and no one will save you from your situation but yourself. you can only bet continuously if you have your bankroll continuously flowing and you know the sports at least.
hero member
Activity: 2996
Merit: 598
Leading Crypto Sports Betting & Casino Platform
June 12, 2023, 05:54:15 PM
In other words this post can inspire others to bet continuously on sports betting to get big returns like Op.
Big return? Eventually he even lost his initial $4000.

It seems $90,000 is an amount of money for op who is okay to lose it so he did not care even when he could withdraw any amount from it. May be a $50,000 or $80,000 and keep the rest to continue the entertainment. $10,000 is still a lot of money considering his deposit of $4,000.

But there is the saying, house always wins. House indeed won and became $4,000 richer to pay their bills and staffs and to make their balance sheet better.


We are looking at a high-roller bettor who is not comfortable with just doubling his bet, he is a winner take all player he is a sports bettor and he seems to be good at it, I don't see him beating the house he should have a more realistic approach to gambling and stop doing all out.

I don't how rich he is but if he keeps doing this for months he will lose a lot of money, and this will have an impact on his finances, my advice is to not imitate OP he is capable so he can keep up.
legendary
Activity: 2674
Merit: 1048
June 12, 2023, 05:00:35 PM
If he had made a video before during after , he may have just possibly eventually got back the money with ad revenue or some sponsorship etc.   If you are going to make big streaks go all out like this like most cannot afford to take the risk with in not being sensible then you might as well make a video about it for the views for the bigger picture game.
Well some people might have that ability and some like op have not any idea to do that in the first place , i personally multiple times hit 100++ odds that might if i make some videos about it would attract clicks & revenue at some point but well again people like me and op is not typical people loving to do that.

It's going to be one of many rate footages indeed to have $4,000 turned into $90,000 and bottled it to zero. Feel bad for op but yeah that's gambling.
hero member
Activity: 798
Merit: 1045
Goodnight, ohh Leo!!! 🦅
June 12, 2023, 04:58:15 PM
Did I just get that straight?? Did you actually wager everything you have on this 2 odd ?? How 'bout if it doesn't cut!? ion really know how that's evaluated anyways but just be careful!!
Secondly, in the cash out option, it seems you're even getting lesser than what you staked and that's really where the problem lies .. thirdly, you're so confident to leave such an Amount in a casino wallet which is not even advisable... You're really lucky to be having them wins on the games you've wagered already - making it possible for you to be able to grow your 4k dolls to this... But always remember you need to be careful to avoid stories at the end... I'll even advice that you withdraw them funds and build a standard level of stake... I know it's more profitable to stake big, but it's also painful if it doesn't cut ..

Sandra 🧑‍🦰
STT
legendary
Activity: 4088
Merit: 1452
June 12, 2023, 04:47:20 PM
 If he had made a video before during after , he may have just possibly eventually got back the money with ad revenue or some sponsorship etc.   If you are going to make big streaks go all out like this in the ways most of us cannot afford to take the risk in not being sensible then you might as well make a video about it for the views for the bigger picture game.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
June 12, 2023, 04:25:28 PM
In other words this post can inspire others to bet continuously on sports betting to get big returns like Op.
Big return? Eventually he even lost his initial $4000.

It seems $90,000 is an amount of money for op who is okay to lose it so he did not care even when he could withdraw any amount from it. May be a $50,000 or $80,000 and keep the rest to continue the entertainment. $10,000 is still a lot of money considering his deposit of $4,000.

But there is the saying, house always wins. House indeed won and became $4,000 richer to pay their bills and staffs and to make their balance sheet better.

There are some kind of insane lucky streaks on both sports betting and casino games, this is mostly true for slots with maximum winning capacity. I know a few Diamond rank users on Stake who have won over $400k and lost it back due to being greedy. Even this user has decided to make $100k more with $400k house money but eventually house edge works and bingo. The ending scenario is the same but the process can be different depending on the user. That is why it is always recommended to withdraw at least 50% of the winnings so you will get something back after losing the rest. Just my 2 cents.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
June 12, 2023, 04:03:55 PM
In other words this post can inspire others to bet continuously on sports betting to get big returns like Op.
Big return? Eventually he even lost his initial $4000.

It seems $90,000 is an amount of money for op who is okay to lose it so he did not care even when he could withdraw any amount from it. May be a $50,000 or $80,000 and keep the rest to continue the entertainment. $10,000 is still a lot of money considering his deposit of $4,000.

But there is the saying, house always wins. House indeed won and became $4,000 richer to pay their bills and staffs and to make their balance sheet better.

In the scenario you described, the individual could have chosen to withdraw a portion of their winnings, ensuring they retained a significant portion while still enjoying the entertainment. However, it appears that they continued to gamble and ultimately lost their initial deposit. As a general rule, casinos have a statistical advantage over their players. "It's always the house that wins" refers to this general advantage. Casinos must maintain their profitability over the long run by incurring many expenses and overhead charges.

When gambling, individuals should approach it with caution, set spending limits, and recognize that it is primarily an entertainment activity rather than a means of making a living. A responsible gambler knows when to stop, sets a budget, and understands the risks involved.
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