Dana thought he lost $80k one night and his advice for gamblers - page 3.

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Quote from: bittraffic on March 25, 2024, 11:49:12 AM

Just want to share.

He was interviewed on Lex Fridman's channel just today. Funny how he thought it was just $80K but it's actually $3M. Rich men lose more when they get drunk playing blackjack.

He advises about winning and losing in gambling and if you get depressed because of it, gambling is not for you. He meant winning and losing are part of the game where great things and bad things happen.

These sort of high profile celebrity personalities can often get a free pass on bad behavior. The casino is not that bothered by voiding a few bets for high rollers and will throw a lot of goodwill gestures their way if they know they have much deeper pockets. They know someone like Dana will have huge connections and could possibly bring in other high rollers that would make a lot more for the casino in the long run. He is probably keeping quiet about the fact that they waved some of his bets and he was not actually 3 million down in one evening. Beyond that he could use his platform to actually warn people off going to that casino, so they are playing a very delicate game and want to keep him happy, there is a hidden side he will not tell his listeners.

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Quote from: Miles2006 on October 08, 2024, 09:56:51 AM

Why will anyone want to gamble at that state, sincerely speaking he made a mistake at that point. Alcohol is something people intake at their free will or relaxed time so i don’t expect anyone to be involved in any serious activity, it’s right op attached this topic with gambling since the victim made an expensive mistake also aside gambling life issues are more serious and needs quality attention. If anyone should make this mistake and wasting a huge amount when gambling under the influence of alcohol I believe the person can do worst in terms of other serious situation. Gambling is fun but I don’t think some people will stay comfortable losing a huge amount as that rather some might end up committing a murder, what’s more important is avoiding unnecessary mistake and taking corrections.

While I completely agree with whatever you said, I believe people who get heavily drunk barely stay conscious enough to understand what they are doing. I don't drink myself, but some people or friends do, and I have always asked them the question whether they remember the things they did when they were drunk when they became sober later on, and they said no, most of the things that a heavily drunk person doesn't stay in memory, even if it does, it will be very vague.

I remember this incident where a person took their clothes off, stood on top of a table, and started dancing, and this all happened in a casino. And this is only one, there are thousands of such incidents and these incidents only tell us that a drunk person doesn't understand what they are doing because they are not in their right senses at that moment.

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Quote from: Su-asa on October 08, 2024, 10:54:37 AM

Gambling is for everyone but I think rich people enjoy it more because they always have enough to spare although no one has an unlimited bankroll, even the rich can exhaust what they have if they get too wreckless. It's quite funny he thought he lost 80 thousand dollars not knowing it was actually 3 million dollars, this is why it's not advisable for you to get intoxicated when you are gambling it doesn't matter if you are a rich or poor gambler, being under the influence of drugs or alcohol can affect your cognitive reasoning and this can affect the decisions you make.

Although rich gamblers can spend more money but I believe, it is not a good way for them to enjoy gambling. Because after all, he is also unconscious because he is gambling when he is drunk and thus, if he is gambling when he is normal and not drunk, I am sure the gambler will not spend that much money. So, in this case it's about enjoying the hangover and not enjoying the gambling, because if they enjoyed gambling despite having great wealth they would know the limits of how much money they can spend on gambling. So yes, if gambling is for everyone, then we also can't just judge gambling only for the rich, because if a poor gambler can gamble with good control too of course the poor gambler will be able to enjoy gambling.

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Quote from: Oluwa-btc on October 08, 2024, 11:00:37 AM

Quote from: Oshosondy on March 25, 2024, 11:59:17 AM

Losing $3 million and thinking he lost $80000. Alcohol is not good for those that drink too much of it. I think he gambled on a land base casino where you can have fun and be given alcohol.

Very well said alcohol is not good for the weak they say and alongside gambling then talking about merging the both of them usually turn out to be harzardous and this is why it's not advisable for one who is depressed to take much of alcohol and as well gamble. Because at that state your 50% sure of what your doing and the decisions you make too and if you're not careful you might end everything in one minute under the influence of alcohol. I feel so bad for Dana but I still think he wasn't responsible enough cause if he has he would have just taken some shots of alcohol but it didn't end there he had to gamble on that same state which is too bad.

For the CEO of UFC, I don't think Dana would ever feel depressed. He can buy just about anything. He lost $8M in a blackjack game and back again the next day to gamble. He loves to gamble and show off his wealth to the public but he also is a smart businessman who ventures in different sports already and makes deals with the oil kingpins from Saudi. A million could be peanuts to him.

He is just a popular celebrity that's why we keep noticing but if he were just unknown, we wouldn't care to talk about him.

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Quote from: Oshosondy on March 25, 2024, 11:59:17 AM

Losing $3 million and thinking he lost $80000. Alcohol is not good for those that drink too much of it. I think he gambled on a land base casino where you can have fun and be given alcohol.

Very well said alcohol is not good for the weak they say and alongside gambling then talking about merging the both of them usually turn out to be harzardous and this is why it's not advisable for one who is depressed to take much of alcohol and as well gamble. Because at that state your 50% sure of what your doing and the decisions you make too and if you're not careful you might end everything in one minute under the influence of alcohol. I feel so bad for Dana but I still think he wasn't responsible enough cause if he has he would have just taken some shots of alcohol but it didn't end there he had to gamble on that same state which is too bad.

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Gambling is for everyone but I think rich people enjoy it more because they always have enough to spare although no one has an unlimited bankroll, even the rich can exhaust what they have if they get too wreckless. It's quite funny he thought he lost 80 thousand dollars not knowing it was actually 3 million dollars, this is why it's not advisable for you to get intoxicated when you are gambling it doesn't matter if you are a rich or poor gambler, being under the influence of drugs or alcohol can affect your cognitive reasoning and this can affect the decisions you make.

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Quote from: DubemIfedigbo001 on October 08, 2024, 09:41:02 AM

Quote from: Perfectbaby on October 08, 2024, 09:17:55 AM

Quote from: Pandu Geddon on August 15, 2024, 04:28:06 AM

Quote from: DaNNy001 on August 15, 2024, 04:10:14 AM

only someone with unlimited wealth can lose such an amount of money but is this also part of having fun?

when he plays while drunk, he thinks it's fun. but when he wakes up from his drunkenness and sees the amount of money he lost in gambling, he will still regret it. no matter how rich he is, maybe it's a small part of the money he has, but still collecting that much money must take hard work.

if you want to gamble, then avoid drinking first. if you are drinking then never think about gambling. whether it's in an online or physical casino, you still shouldn't lose control of your consciousness when gambling.

Not only in gambling but everything about life matter because when drunk and also anticipating in some other things makes someone entirely lose control of themselves that is why it's also not advisable to drink or getting drunk before driving, no ethics or law permits a drunker to go drive after being soaked with alcohol. In all, it's good to avoid drinking and gambling because one could lose control and senses of what they are doing to gambling where they would got drunk at the cost of gambling without knowing they are losing their life fortunes into gambling.

When you are drunk, you make a lot of irrational decisions because you are not totally in control of your actions and emotions. it is important that you refrain from any engagement that is perishable. He made the bad decision to engage in gambling while drunk and paid the price with such big-time loss, although it didn't matter much to him since he is rich and could afford to loose such amounts, but that does not undermine the fact that he behaved irresponsibly and such acts should be heavily discouraged among gamblers so healthy gambling activities can be sustained.

because when drunk people will lose their common sense and their thoughts will not be controlled, anything can happen without realizing it, if there is a choice between gambling or getting drunk, which is more dangerous between the two choices, I choose getting drunk which is very dangerous because anything can happen when you lose consciousness when drunk

Miles2006

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Why will anyone want to gamble at that state, sincerely speaking he made a mistake at that point. Alcohol is something people intake at their free will or relaxed time so i don’t expect anyone to be involved in any serious activity, it’s right op attached this topic with gambling since the victim made an expensive mistake also aside gambling life issues are more serious and needs quality attention. If anyone should make this mistake and wasting a huge amount when gambling under the influence of alcohol I believe the person can do worst in terms of other serious situation. Gambling is fun but I don’t think some people will stay comfortable losing a huge amount as that rather some might end up committing a murder, what’s more important is avoiding unnecessary mistake and taking corrections.

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Quote from: Perfectbaby on October 08, 2024, 09:17:55 AM

Quote from: Pandu Geddon on August 15, 2024, 04:28:06 AM

Quote from: DaNNy001 on August 15, 2024, 04:10:14 AM

only someone with unlimited wealth can lose such an amount of money but is this also part of having fun?

when he plays while drunk, he thinks it's fun. but when he wakes up from his drunkenness and sees the amount of money he lost in gambling, he will still regret it. no matter how rich he is, maybe it's a small part of the money he has, but still collecting that much money must take hard work.

if you want to gamble, then avoid drinking first. if you are drinking then never think about gambling. whether it's in an online or physical casino, you still shouldn't lose control of your consciousness when gambling.

Not only in gambling but everything about life matter because when drunk and also anticipating in some other things makes someone entirely lose control of themselves that is why it's also not advisable to drink or getting drunk before driving, no ethics or law permits a drunker to go drive after being soaked with alcohol. In all, it's good to avoid drinking and gambling because one could lose control and senses of what they are doing to gambling where they would got drunk at the cost of gambling without knowing they are losing their life fortunes into gambling.

When you are drunk, you make a lot of irrational decisions because you are not totally in control of your actions and emotions. it is important that you refrain from any engagement that is perishable. He made the bad decision to engage in gambling while drunk and paid the price with such big-time loss, although it didn't matter much to him since he is rich and could afford to loose such amounts, but that does not undermine the fact that he behaved irresponsibly and such acts should be heavily discouraged among gamblers so healthy gambling activities can be sustained.

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Quote from: Pandu Geddon on August 15, 2024, 04:28:06 AM

Quote from: DaNNy001 on August 15, 2024, 04:10:14 AM

only someone with unlimited wealth can lose such an amount of money but is this also part of having fun?

when he plays while drunk, he thinks it's fun. but when he wakes up from his drunkenness and sees the amount of money he lost in gambling, he will still regret it. no matter how rich he is, maybe it's a small part of the money he has, but still collecting that much money must take hard work.

if you want to gamble, then avoid drinking first. if you are drinking then never think about gambling. whether it's in an online or physical casino, you still shouldn't lose control of your consciousness when gambling.

Not only in gambling but everything about life matter because when drunk and also anticipating in some other things makes someone entirely lose control of themselves that is why it's also not advisable to drink or getting drunk before driving, no ethics or law permits a drunker to go drive after being soaked with alcohol. In all, it's good to avoid drinking and gambling because one could lose control and senses of what they are doing to gambling where they would got drunk at the cost of gambling without knowing they are losing their life fortunes into gambling.

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Quote from: carlfebz2 on October 08, 2024, 08:45:20 AM

Quote from: Pandu Geddon on August 15, 2024, 04:28:06 AM

Quote from: DaNNy001 on August 15, 2024, 04:10:14 AM

only someone with unlimited wealth can lose such an amount of money but is this also part of having fun?

when he plays while drunk, he thinks it's fun. but when he wakes up from his drunkenness and sees the amount of money he lost in gambling, he will still regret it. no matter how rich he is, maybe it's a small part of the money he has, but still collecting that much money must take hard work.

if you want to gamble, then avoid drinking first. if you are drinking then never think about gambling. whether it's in an online or physical casino, you still shouldn't lose control of your consciousness when gambling.

I dont really believe that someone wont really be feeling up that kind of regret on the moment that they will really be losing up that big time. Even if you are drunk but on the moment that you
wake on on tomorrow and find out that you have lost up too much money then you will definitely be punching up the wall on why you have done that. Its never been that recommended on taking up
some bets while you are drunk because your decision making will really be clouded, you cant be able to think up well because of influence of alcohol. So its a normal thing that
you wont really be caring much about on the money that you would really be betting on.

This drinking is a culprit for so many actions that people take and later they regret it. It creates a kind of hyper impulse that looks alright in that intoxicated state but after that comes the reality. People drink and say certain repulsive things just because they can't say such in their sane state of mind .

This is why we need to gamble with complete and right frame of mind so as to maintain that limit percentage that we have decided to gamble with. In the case op, he over shoot his budget and doesn't even realize it because he has been in a state where nothing matters again.

There is a solution to this kind of action and that should be to take away your funds from where it will be easily accessible so that when you are going beyond your initial budget, you will not find it easy to access your funds. It is better not to cause yourself financial bankruptcy because you are intoxicated.

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Quote from: Pandu Geddon on August 15, 2024, 04:28:06 AM

Quote from: DaNNy001 on August 15, 2024, 04:10:14 AM

only someone with unlimited wealth can lose such an amount of money but is this also part of having fun?

when he plays while drunk, he thinks it's fun. but when he wakes up from his drunkenness and sees the amount of money he lost in gambling, he will still regret it. no matter how rich he is, maybe it's a small part of the money he has, but still collecting that much money must take hard work.

if you want to gamble, then avoid drinking first. if you are drinking then never think about gambling. whether it's in an online or physical casino, you still shouldn't lose control of your consciousness when gambling.

I dont really believe that someone wont really be feeling up that kind of regret on the moment that they will really be losing up that big time. Even if you are drunk but on the moment that you
wake on on tomorrow and find out that you have lost up too much money then you will definitely be punching up the wall on why you have done that. Its never been that recommended on taking up
some bets while you are drunk because your decision making will really be clouded, you cant be able to think up well because of influence of alcohol. So its a normal thing that
you wont really be caring much about on the money that you would really be betting on.

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Quote from: DaNNy001 on August 15, 2024, 04:10:14 AM

only someone with unlimited wealth can lose such an amount of money but is this also part of having fun?

when he plays while drunk, he thinks it's fun. but when he wakes up from his drunkenness and sees the amount of money he lost in gambling, he will still regret it. no matter how rich he is, maybe it's a small part of the money he has, but still collecting that much money must take hard work.

if you want to gamble, then avoid drinking first. if you are drinking then never think about gambling. whether it's in an online or physical casino, you still shouldn't lose control of your consciousness when gambling.

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Quote from: bittraffic on March 25, 2024, 11:49:12 AM

Just want to share.

https://youtu.be/k7aQEqDbuf8?t=4429
He was interviewed on Lex Fridman's channel just today. Funny how he thought it was just $80K but it's actually $3M. Rich men lose more when they get drunk playing blackjack.

He advises about winning and losing in gambling and if you get depressed because of it, gambling is not for you. He meant winning and losing are part of the game where great things and bad things happen.

It's important not to engage in gambling when you are intoxicated or under the influence of alcohol, this can affect your logical reasoning and Make you do unreasonable things..it's true that rich people lose more because they have more to spare than someone that's poor, only someone with unlimited wealth can lose such an amount of money but is this also part of having fun? How can you play with what some might consider to be generational wealth to them...No matter how much money you think you have going this far doesn't make any Sense

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Quote from: HelliumZ on August 14, 2024, 05:39:28 PM

Quote from: bittraffic on March 25, 2024, 11:49:12 AM

He advises about winning and losing in gambling and if you get depressed because of it, gambling is not for you. He meant winning and losing are part of the game where great things and bad things happen.

He is absolutely right because gambling is all about loss and profit. Gamblers who will not participate in gambling solely because of fear of loss are not gambling at all but rather should lie locked in their room. It will not be the case that I will not go out on the road for fear of an accident because to reach the destination one must go out on the road just as one must accept to experience profit or loss in gambling. If we participate in gambling then we must face profit or loss because this is the eternal rule of gambling.

Gambling is about win and lose so we must know how to treat gambling and not just chase the win. If we can not hold ourselves from playing gambling excessively, we will lose much money and can get depress because of our losses. If you afraid of big lose, you must always prevents the lose and manages your bet not to break your limit. We can playing gambling moderately so we don't feel stress or depress when we lose our money because that money is the money we can afford to lose.

Win and lose can happen anytime so we must be ready with that and don't use too much money to playing gambling. No matters what gambling games you play, you will have a big chance to lose your money and that lose will be bigger when you lose control of yourself. We must learns from other people's experience especially how they lose their money in gambling so we can gets something to ourselves and can avoids the lose not to becomes bigger.

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Quote from: bittraffic on March 25, 2024, 11:49:12 AM

He advises about winning and losing in gambling and if you get depressed because of it, gambling is not for you. He meant winning and losing are part of the game where great things and bad things happen.

It is quite unreasonable for someone to gamble under the influence of alcohol. Being tipsy can be catastrophic and disastrous in the sense that you lose your sence of reasoning and gamble above your programming. Similar case like this has been discussed here before. Emagine the trauma he will face when he realised that he has spent $3m instead of $80k. This is to let us know the level of his tipsyness. The truth of the matter is that we should be careful not to gamble under the influence of alcohol or not to gamble when we are depressed otherwise we lose more instead of winning due to greed and aggression.

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I like it when he tells people to take up responsibility when they lose big in casino and blame free alcohol drinks provided by them.

Pretty intelligent of casinos though I must say to make people lose money but still people are not forced to do so, so I guess we can't blame casinos much, can we? If they were to remove drinks, I'm sure more people would be sad about it than otherwise.

Quote from: DubemIfedigbo001 on March 26, 2024, 03:47:57 AM

Should we call this a deliberate act by the casinos business owners who exploited him by giving him excess alcohol knowing fully well he could afford as much money as he could possibly lose in that gambling session?, or his carefree attitude that incurred such Loss for him. $3m is a huge money to loose to a casino. Perhaps he's filthy rich and is not bothered, rather advises people of the true nature of gambling.

If you watched video, he answered that himself. Anyhow, I'll quote it for you:

"Alcohol is free, but you don't have to drink it".

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Quote from: AmoreJaz on August 14, 2024, 05:45:39 PM

Quote from: bering on August 14, 2024, 05:29:04 PM

Dana White has been admitted that he lost 8 million within one night at Blackjack game and when the host asked him does he don't want to recover his loses or not then Dana White has been answer he was never thinking about that and leave the game however Dana White has a net worth more than 500 million so i am sure lost 8 million isn't big problem for him because although he lost millions dollar through an gambling but he hasn't thinking to stopped his habit

Do not forget too Dana White can be called as the professional gamblers and besides can earn money as UFC president his source of income also came from gambling and if i am not mistaken on 2021 he banned from playing at the Palms casino Las Vegas because at that time he was successfully to beat that casino with gets 1.6 million from Blackjack too

As we put it this way, Dana is a high-roller. So the amount involved may not be significant for him but only for other gamblers. Besides, he can also easily get it back from his other game sessions. With his net worth, we can say, he can very well afford to have such kind of gambling lifestyle. So there's no big deal on this scenario.

Yeah, he has a lot of money, and so losing millions might not affect his net worth and he could still gamble and recover that losses from casinos as he is a high roller. He had his business empire already and majority of us here are fans and at some point, we might have buy PPV fights and so we contribute money to him already,

.

But his advise is to those average gamblers like the rest of us, if we go and play and get drunk, then it's a bad combination as you are confused with you judgement. And then you increased your risk taking that if you are normal you won't do that kind of betting. So it's very important that when we gamble, we have a clear mind and self-control.

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Quote from: bittraffic on March 25, 2024, 11:49:12 AM

Just want to share.

https://youtu.be/k7aQEqDbuf8?t=4429
He was interviewed on Lex Fridman's channel just today. Funny how he thought it was just $80K but it's actually $3M. Rich men lose more when they get drunk playing blackjack.

He advises about winning and losing in gambling and if you get depressed because of it, gambling is not for you. He meant winning and losing are part of the game where great things and bad things happen.

It is not right to gamble while drunk, he may have said such things while drunk. I'm sure it will hurt a lot if he's healthy. 3 million dollars is a huge amount that he cannot feel drunk. One should not participate in gambling while drunk because then a person's brain is not normal. When we participate in gambling we participate in the game of winning and losing, but when we are drunk we do not participate in gambling and we participate in this gambling only for entertainment, no pain even if we lose. Also, since we gamble for fun, we gamble with a very limited budget and we don't feel any pain if we lose the budget. It is better to have fun with a small amount of money to have fun.

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Quote from: bering on August 14, 2024, 05:29:04 PM

Dana White has been admitted that he lost 8 million within one night at Blackjack game and when the host asked him does he don't want to recover his loses or not then Dana White has been answer he was never thinking about that and leave the game however Dana White has a net worth more than 500 million so i am sure lost 8 million isn't big problem for him because although he lost millions dollar through an gambling but he hasn't thinking to stopped his habit

Do not forget too Dana White can be called as the professional gamblers and besides can earn money as UFC president his source of income also came from gambling and if i am not mistaken on 2021 he banned from playing at the Palms casino Las Vegas because at that time he was successfully to beat that casino with gets 1.6 million from Blackjack too

As we put it this way, Dana is a high-roller. So the amount involved may not be significant for him but only for other gamblers. Besides, he can also easily get it back from his other game sessions. With his net worth, we can say, he can very well afford to have such kind of gambling lifestyle. So there's no big deal on this scenario.

Topic: Dana thought he lost $80k one night and his advice for gamblers - page 3. (Read 1597 times)