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Topic: Can we talk about Whales who whine/complain about losing? (Read 1139 times)

legendary
Activity: 1134
Merit: 1118
I also think it is necessary to be drunk to lost on gambling casino, i lost recently without having drunk there.

Not necessarily. Being drunk definitely helps as it means that you can't make rational decisions properly, but I've seen plenty of people who can't be trusted to make rational decisions regarding gambling even when not drunk. It's the same as any other addictive behaviour. Having more money (being a whale) probably even compounds that, as whales generally think that they're just making free money and that every little bit more is safe as it can't possibly go wrong for that little, until it finally does eventually go wrong.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Whale or minnow, complaining makes little sense if you are gambling. When you lose it means that the most likely outcome happened. A loss should be expected.
legendary
Activity: 1526
Merit: 1003
I also think it is necessary to be drunk to lost on gambling casino, i lost recently without having drunk there.
hero member
Activity: 700
Merit: 500
Whining is necessary part of gambling it does not matter you are whale or small gambler whenever you will loose any significant amount of money that will make you angry and mad.It is not correct that Whales do have any effect when they loose they also whine because no one likes to loose money little or much.We all gamble to win not to loose.
legendary
Activity: 1638
Merit: 1046
It is happening like this when someone lost on any game than they make cry and complain they have been got cheated by that casino, but it is our fault when we keep doing gambling on any casino.
Yeah our self is our enemy if you think carefully gambling made only to give entertainment not for making profit..
That's why rich people are not regret while they are losing money in gambling..
hero member
Activity: 686
Merit: 500
It is happening like this when someone lost on any game than they make cry and complain they have been got cheated by that casino, but it is our fault when we keep doing gambling on any casino.
hero member
Activity: 714
Merit: 500
Who lost there can not be called whale because they are experienced and strong persons to be whale.A whale never cries because that is aware of the nature of gambling and knows very well if loose one time other time will not only recover losses but also will make profit.They never go with all in and always keep multiple chances or life lines.About who you are talking is not whale regardless how much it lost.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
I'm a small amount gambler enjoyer as well and would like to add a cpuple of question hoping not to be too offtopic:

...

 - do you really (OP)  witnessed a $28M loss (please tell me no or I will bump my head somewhere sharp)?
....

I also like small amounts, bigger is exciting but not good for me.

No, the $28M number was an example.
Some early Bitcoin investors did make many millions if they got in early enough and/or had the courage to hold to near the top and sell above ~$1,100/BTC
legendary
Activity: 1134
Merit: 1118
Everyone gets mad when they lose everything and quite a large proportion of those people then get salty enough to go complain to the admins of the gambling site...it's just that you notice the whales who do that more than the people who have very little money. I feel like it doesn't make it any worse, it's just that you notice them more.
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
Note: I am not going to name a particular gaming site, since I have seen similar at even the most reputable places.

Long story made short:
I am enjoying playing small amounts at a site which is "provably fair" and no one has ever proven otherwise.
In the chat, a 'high-rank Whale' comes in to complain about an UNBELIEVABLE losing streak. He/she goes as far as saying to the admin "I really wish I could believe you" (or something very similar), regarding the fairness of the games.

What do you think of that?
Gambling can be harmless play for people who are able to afford controlled amounts.
If you are (for example) a super-wealthy early BTC miner who is rapidly turning $29,000,000 ($29 Million Dollars) into nothing, then do you really have the right to falsely accuse a site of being crooked?
Why not offer a $10,000 bounty to prove the site is cheating, while you can still afford to share your good fortune?

Please, quit whining and enjoy the games, or cure your addiction.
^^^
1) Is the above statement too harsh, towards our friendly whales who sometimes throw tips around?  Cheesy
2) Do you think the sites you play at are honest?
3) If you think the site is honest, and a Whale complains do you say anything?

There is a lot of content to discuss, please do not think you need to answer all the questions.

I agree with you, if their website really is cheating and they hav eso much money then why not offer a bounty to prove it. If the can afford to plash around so much money then why not offer a bounty. If they don't offer a bounty why should wwe even listen to them ?
full member
Activity: 291
Merit: 108
i got 29 reds in a row on 49.5% i was pissed
hero member
Activity: 2548
Merit: 605
Why not offer a $10,000 bounty to prove the site is cheating, while you can still afford to share your good fortune?
Wouldn't the site actually be able to go around this? The gambling site can just go and say that they are provably fair and take all that $10,000 like poof! All gone for nothing. You might be suggesting some other things like looking into the scripts/codes but I don't think that's legal. Or maybe I'm missing something here?
legendary
Activity: 1946
Merit: 1137
There are whales and there are pretending to be whales. They are not the legit kind of whales if they are posting here, venting out about their loses. Whales know how to lose and move on. Those who complain are the one who pretends that they are whales.

no, they are whales. but they are kids who can't handle losing and think gambling is a way of getting rich.

usually the casinos show you the stats of their users for example in PrimeDice when you click on the name of someone you can see their stats like total wagered, total profit, total bets made so you can guess how big a whale they are.
hero member
Activity: 756
Merit: 500
There are whales and there are pretending to be whales. They are not the legit kind of whales if they are posting here, venting out about their loses. Whales know how to lose and move on. Those who complain are the one who pretends that they are whales.
exact to the point if they are real whales they just move on and dive deep again then regain the breath but in that scenario sir I think that this gambler just wanted to controlled or to treat as special to that specific gambling site he maybe just wanted to be noticed, he knows that he is on a gambling site and the site itself have their own team to prove the fairness of the site. i like the idea of renting someone to prove the fairness of the site. 10k is worthy for us. hehehe.
legendary
Activity: 1708
Merit: 1006
There are whales and there are pretending to be whales. They are not the legit kind of whales if they are posting here, venting out about their loses. Whales know how to lose and move on. Those who complain are the one who pretends that they are whales.
hero member
Activity: 826
Merit: 1000
If websites implemented the $10,000 if you prove that it's not fair, they probably wouldn't even pay up because they were provably fair in the first place which could mean their entire intention was to scam. Sometimes people have to vent after losing lots of money. I do, however, think this is a problem that some people are falsely accusing a website for being false, but I don't think there's much one can do about it (besides having moderators which many websites already have).
hero member
Activity: 588
Merit: 500
Haven't met a whale in the website I've been playing on whining about 10-50btc loss. They are all just like, "It's okay, I'm only playing here for entertainment". Most of the whales I've seen can lose a lot and then get back to positive profit in no time. I kind of think they are professional gamblers in real life.
legendary
Activity: 1288
Merit: 1000
Some people are just idiots by nature. They can become rich by luck or special life events (in this case being early adopter and basically almost magically become millionaires over couple years after btc was introduced). Gambling is a risk, if you have 50% chance of winning that doesn't mean that after 4 lost bets you will win for sure - that is basic gambler's fallacy.
Apparently bitcoin whales are not immune to that mistake.
legendary
Activity: 1834
Merit: 1008
This is what i notice the most, if we can experience upto 22 losing streaks (based on my own experience) why dont we experience the other way around, and get a winning streak the highest winning streak i get is 8 winning streak. and then suffer a big loss after that,

You will never get winning streak higher than losing streak because each games there will be house edge which means in a long game you will suffer a many losing streak. That is why you need some strategy at least you can recover your loss or even get back what you lose on that long streak. This kind of games is depends on your luck too when you played it
legendary
Activity: 980
Merit: 1000
Don't Hesitate to Tip me for My Helps and Guides.
That's probably the best thing to say directly, Anyone opening chat in a gambling website knows about it and if the odds were impossible to lose then there wouldn't be any positive odds for winning, in Sportbooks people the match is fixed like it's impossible for that match to be normal if it's a loss of money for that player.
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