A Man bet his life savings on 1 spin of Roulette - page 11.

taufik123

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Quote from: NotATether on March 13, 2024, 03:03:25 AM

I'm not exactly sure which company it was but I think the founder of FedEx literally gambled the all the money they had left to save it from bankruptcy (he won, and the rest is history).

Yes that's how desperate he was. The company was days away from going bankrupt.

Although we all know that it is an incredibly risky thing to do and people regularly get burned on bets even with conservative odds.

Such an incident actually happens, there is no option anymore to double the money quickly except by gambling and risking the remaining money owned by relying on a fortune.

I've also seen a movie like the FedEx Founder incident, but I forgot the title.
In essence, he made his last bet to pay off his debts and the rest of the winnings were used to build his failed business.

This kind of risky thing sometimes gives the final way out, which will determine the profit or will only accept defeat in the end.
The first and last big gamble.

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Quote from: NotATether on March 13, 2024, 03:03:25 AM

Quote from: _act_ on March 13, 2024, 02:54:44 AM

You said the man is crazy but supposing he list, you will say that he is stupid. To me the man is stupid. How will someone bet all his live savings on gambling. I hope he will not have this mindset again as he won. What if he list? He may think of killing himself and he might even kill himself. People like to do things in a greedy way and not think of the consequences if it went opposite.

I'm not exactly sure which company it was but I think the founder of FedEx literally gambled the all the money they had left to save it from bankruptcy (he won, and the rest is history).

Yes that's how desperate he was. The company was days away from going bankrupt.

Although we all know that it is an incredibly risky thing to do and people regularly get burned on bets even with conservative odds.

I really like that FedEx story because it involves Blackjack game. He use his company last money which is 5000$ and manage to win 27,000$ by playing Blackjack. It’s x5 bankroll which is great target for a blackjack player like me.

To be clear, The winning amount from Blackjack profit is not the one really solved the company problem about bankruptcy but rather it gives him confidence to ask another shot to raise money from investors who initially turned down his proposal. He manage to raise fund worth 11M and FedEx becomes profitable until today. Probably he deceived investors that the company earn 27K on a short period of time without telling that he gamble that later on he disclosed to the public.

This lucky duck is probably good on card counting since Blackjack back then use a regular deck without continuous shuffling method.

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Quote from: _act_ on March 13, 2024, 02:54:44 AM

You said the man is crazy but supposing he list, you will say that he is stupid. To me the man is stupid. How will someone bet all his live savings on gambling. I hope he will not have this mindset again as he won. What if he list? He may think of killing himself and he might even kill himself. People like to do things in a greedy way and not think of the consequences if it went opposite.

I'm not exactly sure which company it was but I think the founder of FedEx literally gambled the all the money they had left to save it from bankruptcy (he won, and the rest is history).

Yes that's how desperate he was. The company was days away from going bankrupt.

Although we all know that it is an incredibly risky thing to do and people regularly get burned on bets even with conservative odds.

_act_

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Quote from: SeaCoinCollector. on March 13, 2024, 01:57:07 AM

I was able to watch this video before. The video is old and seems legit, but we cannot know for sure the true story behind this video. Could be for marketing or a real life story. If this is indeed a true to life story, it's crazy to bet all your savings for 1 bet, but then he is very lucky that luck was on his side and won his 1 bet.

You said the man is crazy but supposing he list, you will say that he is stupid. To me the man is stupid. How will someone bet all his live savings on gambling. I hope he will not have this mindset again as he won. What if he list? He may think of killing himself and he might even kill himself. People like to do things in a greedy way and not think of the consequences if it went opposite.

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Quote from: taufik123 on March 12, 2024, 11:51:44 PM

It's about 50/50 odds, and he's in luck.
I myself have even done this silly thing but with little money.
LOL, there is no way I use all the money for gambling bets.
But I lost at every opportunity, so I stopped at losing.

It’s not really 50/50 since there’s a zero(green) on roulette which is the house edge. I’ve done this many times but using only my allocated bankroll for my gambling. I remember betting 2K on a single bet on Blackjack just to test my luck. Luckily, my bet won and stop gambling for a week.

Quote

Some such betting videos or experiences that really depend on luck,
makes us think whether we are that lucky or not.
Because many become unlucky gambling addicts with sad endings.

I really feel the stress and tension on this video which he shouldn’t be on that position if he just didn’t gamble the money that he can’t afford to lose, this is not the way people should use gambling and I’m curious how many people experience disaster after watching this guy and follow his footsteps because we all know that not everyone will be lucky just like him. Cheesy

SeaCoinCollector.

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I was able to watch this video before. The video is old and seems legit, but we cannot know for sure the true story behind this video. Could be for marketing or a real life story. If this is indeed a true to life story, it's crazy to bet all your savings for 1 bet, but then he is very lucky that luck was on his side and won his 1 bet.

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Even though they said that opportunity comes rarely or that you should take the risk in order to earn, have a reward, or win in gambling, I will never ever risk my savings; this is not the practical way of taking the risk, and not all risks should be taken. I'm willing to take risks, especially in this kind of gambling game, but not using my savings. Before I risk it all, I will make sure the money I will use is not the money that I can't afford to lose.

Imagine if things turn out wrong as the man risks all his savings; then it will be the opposite result. I get it, he got lucky, but what if he didn't? What if some people get the wrong idea about this story and also hope that they will win big if they risk something that is precious to them?

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Actions like this can lead to depression if the gambler eventually loses. This is a suicidal attempt and no gambler should be tempted to try this. A life's savings is a lot to lose, many would not be able to recover from this loss.
I just hope this man doesn't become an inspiration to many other gamblers because a lot of gamblers who would try this will go home in tears. Yea, gambling is all about taking risks but we should be careful not to take risks that will land us in more trouble. Gambling with a life's savings is an extreme measure taken and should be avoided by all means as the outcomes of such extreme measures taken are not always nice.

Quote from: Porfirii on March 13, 2024, 01:05:39 AM

We should take all we see in social medias as if it was fiction by principle. I like Don Pedro Dinero's comment and I don't think he would've done the same if he wasn't being filmed.

On the other hand, this kind of content is very interesting for marketing purpose: when you see it, chances are that you want to feel the same (in a smaller degree, I don't think people are stupid enough to bet all their savings), just like when you see people drinking or smoking in Netflix. So who knows what is the real story behind this video, and without that knowledge it is better to doubt.

This could be one misleading publicity stunt targeted at promoting the casino and the games they offer. I bet you, there will still be some greedy gamblers out there that will get inspired by this video and do same. It will be safe if everyone sees this video as another fictional video that should not be tried by anyone in real life.

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Oh come on! Did he plan to die after that? How can you use all your life's savings just to bet on something that may not turn out right? Yeah I know life's a gamble and you have to take risks but this is just plain stupid and doing this either shows you are tired of life or you are desperately seeking for media attention and according to what @Alphakilo observed, I think it's more like of the latter than the former.
If there's one thing I've noticed about gambling adverts is that their users are always winning no matter how difficult the game staked is so this could be one of such. Looking at the guy's posture alone, I don't see him as one who will do such except he's just a chronic gambler who believes in taking high risks and then crying foul later over a beer.

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That man took a risk and his luck favored him but that doesn't mean if we take the same level of risk and our luck favors us. The man was quite lucky during the bet that he won the bet otherwise the result should be loss of everything.

Gambling is a risky thing and putting all your life's saving in 1 spin is the worst anyone could possibly even think about. I do sometimes take risk but with less than 2% of my monthly earnings sometimes I avoid placing bets for months when I face enough losses.

The ones who don't win many times often end up being gambling addicts, so I believe it's much important to have some kind of limitations on our bets in order to avoid being addicts which could be no less than a nightmare in life of a gambler. I believe that we can enjoy gambling by placing small bets and even if we lose the bets we won't get much impacted by such losses.

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I haven't took such risk before In my life, and would never do such to the extent of using all my money to gamble. I don't even know what people think when making such decisions. What if he didn't win maybe he loose? Will he have thought of taking such risk ever again? Or what would his live have become? Because I no for sure that he will have felt emotional traumatized and jopadized. Although Gambling is for fun and not for taking eccessive risk that could end someone's life. Gambling should be played with what one can afford to loose not by playing with what will end someone's life so quickly.

Yaunfitda

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Yeah, seen this before, it's a huge risk on his part, it's not even 50/50 because you have the 0 as well. And it looks like though this is setup as the guy is being film so who knows what is the story behind it, maybe it's not his money. But I have seen this kind of risk as well many times, as I love to play slots as well. I had this incredible run of like 7 successive black numbers hitting during one night of my playing in a land base casinos. And I think those who loves roulette here could attest that they have tried this before, worst even bet their last money on a single digit for a 1:36 pay-out.

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Quote from: taufik123 on March 12, 2024, 11:51:44 PM

where a man makes a bet at the Roulette table using all his saved money.
It looks

Saved money from gambling? Nothing bad in that. If it is a saved money for other things? That is greed and it is not good.

You said it is 50:50. It means that he pick half of the numbers and the chance to win is high. K prefer to go for 30% chance inn roulette but riskier and not encouraging for high amount of money. It is good that I should mention that j can not use high amount of money to gamble because I may lose it.

Porfirii

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We should take all we see in social medias as if it was fiction by principle. I like Don Pedro Dinero's comment and I don't think he would've done the same if he wasn't being filmed.

On the other hand, this kind of content is very interesting for marketing purpose: when you see it, chances are that you want to feel the same (in a smaller degree, I don't think people are stupid enough to bet all their savings), just like when you see people drinking or smoking in Netflix. So who knows what is the real story behind this video, and without that knowledge it is better to doubt.

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Social media are making people crazy and they will do anything for their 5 minutes of fame. This guy was lucky and I bet you he would have turned into a "Meme" for the biggest loser if he lost that bet.

We know how this is going to end for him, because this gave him his 5 minutes of fame and that attention is more addictive than drugs or gambling... he will do this again and this time he will lose everything. Roll Eyes

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Quote from: taufik123 on March 12, 2024, 11:51:44 PM

Surf on Twitter (X) and then find this video,
where a man makes a bet at the Roulette table using all his saved money.
It looks crazy and people warn him, but with that tension he gets his bet.
https://twitter.com/InternetH0F/status/1767704657055375493

I just watched the video and what I observed is

The dealer asked him if he is sure about this but then went on to say it is going to be the start of many interesting things for him

Looking at the statement of the dealer critically, it first made it look as if he was trying to discourage him however, he threw in some encouragement and say it is going to be the start of many interesting things. This is urging him to continue in the path in the future. Casinos like people like this knowing that the loss of the customer is gain for them.

If there is a documentary made on this individual , we would likely see where he took half of the winning and tried his luck again.

I am not condemning any of the parties. One is a high-risk take and probably loves the thrill of being on the high side, the other party is the one that produces the thrill and is purely in it for the profit. Can't say I blame anyone.

Gamble responsibly though.

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Quote from: taufik123 on March 12, 2024, 11:51:44 PM

Surf on Twitter (X) and then find this video,
where a man makes a bet at the Roulette table using all his saved money.
It looks crazy and people warn him, but with that tension he gets his bet.

it doesn't look crazy, it's literally crazy.

How do you take such risk and if it doesn't play out your way you go out and drink yourself to stupor and think on commiting suicide? Don't know what's motivating some folks out their to think through there ass and come up with such ideas as this. This is one of the reason why it might seem necessary to do a psychological test on anyone that's hoping on making such decisions because it's possible they are just frustrated about life and the only option they have is to try out this crazy idea.

Well, good for for him that luck shone on his part and the story didn't go as I expected of not I would have wished he lost it and learn his lesson the bitter way.

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Quote from: Don Pedro Dinero on March 12, 2024, 11:56:35 PM

Some people are simply idiots. But first I wouldn't believe everything I see in videos like that. Would that man have done the same if there wasn't a camera in front of him? Besides, how can we be sure that they are his life savings?

yes we can't believe it completely, this Video is like a Reality Show that shows about someone's gambling atmosphere or this is made by a Casino that indirectly promotes the casino.

Quote from: Don Pedro Dinero on March 12, 2024, 11:56:35 PM

If they were his life savings, I wouldn't be surprised if he would soon lose them with one gamble or another, or with drugs, or something, because those who take that kind of risk usually end up in a bad way.

People who try their luck on just 1 round of betting are certainly quite crazy and as you said may be affected by illegal drugs so do not have any worries about losing their money. Or the guy still has a lot of money in addition to those savings, but in real life this is a pretty crazy bet.

Quote from: rodskee on March 13, 2024, 12:30:52 AM

-snip-
Not sure if I am going to believe this but for me? this is just a made up video because
he might earn more in youtube and other platform once he earns millions of views .
-snip-

It seems that this is a video that comes from the past before Youtube or social media as it is now.
I think this is a TV video made to promote a casino, and everything in it is paid actors.

Quote from: bbc.reporter on March 13, 2024, 12:36:11 AM

@taufik123. It is not very risky with 50/50 odds, however, the big risk for him is he used all of his money on 1 bet. If he bet on red and the roullette ball went on black, it will be a very shameful walk to the casino's exit door hehehehehe.

hahaha yes you are right about that, His stupid act is just for making a bet for 1 spin with all his money.

Quote from: bbc.reporter on March 13, 2024, 12:36:11 AM

This story reminds me of the movie Indecent Proposal where the husband and the wife bet all of their money in the casino. They lose the money and the wife was forced to become the girlfriend of an old millionaire with the husband's permission. The husband was paid $1 million dollars and he was very thankful for this.

LOL, it's not even just in the movie that events like this also happen in the real world, which in the end the wife will be a guarantee to pay off all gambling debts.
But how beautiful his wife is to be valued at $ 1 million

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@taufik123. It is not very risky with 50/50 odds, however, the big risk for him is he used all of his money on 1 bet. If he bet on red and the roullette ball went on black, it will be a very shameful walk to the casino's exit door hehehehehe.

This story reminds me of the movie Indecent Proposal where the husband and the wife bet all of their money in the casino. They lose the money and the wife was forced to become the girlfriend of an old millionaire with the husband's permission. The husband was paid $1 million dollars and he was very thankful for this.

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Quote from: Don Pedro Dinero on March 12, 2024, 11:56:35 PM

Some people are simply idiots. But first I wouldn't believe everything I see in videos like that. Would that man have done the same if there wasn't a camera in front of him? Besides, how can we be sure that they are his life savings?

If they were his life savings, I wouldn't be surprised if he would soon lose them with one gamble or another, or with drugs, or something, because those who take that kind of risk usually end up in a bad way.

Another "For Viral Video" mate? Grin

this is what and how Internet and social media fooling people and who is in their
right mind that will bet his life savings just for 50/50 chances?

Not sure if I am going to believe this but for me? this is just a made up video because
he might earn more in youtube and other platform once he earns millions of views .

and if me? never that I will have this guts betting my life savings just to try in gambling.

Topic: A Man bet his life savings on 1 spin of Roulette - page 11. (Read 1399 times)