Dana thought he lost $80k one night and his advice for gamblers - page 6.

Questat

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Quote from: Don Pedro Dinero on April 04, 2024, 12:34:19 AM

Quote from: Ultegra134 on April 04, 2024, 12:26:57 AM

It makes sense when you have such an abundance of money that $80,000 doesn't seem like a big deal.

It is a big deal, not a huge one but a big deal indeed.

I just looked it up and according to Wikipedia he has a net worth of $500 million, so he can afford to lose that $3 million, although it is 6% of his total net worth and it must have hurt. Imagine your net worth is $100,000 and going in drunk, you thought you lost $160 when you actually lost $6,000, something like that.

Let's not talk about the numbers here, it's only a big deal if he feels it's a big deal for him. And also, we don't know what is history in gambling, what if Dana despite being reach have won a lot of money in gambling prior to that lost, so he won't feel the pain or anything.. We easily react and we know part of the story yet, but if we compared that to our lives, of course it's a real big deal as we don't have that kind of money.

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Quote from: Don Pedro Dinero on April 04, 2024, 12:34:19 AM

Quote from: Ultegra134 on April 04, 2024, 12:26:57 AM

It makes sense when you have such an abundance of money that $80,000 doesn't seem like a big deal.

It is a big deal, not a huge one but a big deal indeed.

I just looked it up and according to Wikipedia he has a net worth of $500 million, so he can afford to lose that $3 million, although it is 6% of his total net worth and it must have hurt. Imagine your net worth is $100,000 and going in drunk, you thought you lost $160 when you actually lost $6,000, something like that.

Really that impossible that they cant really be able to think off well specially if its a percentage of your overall networth and making up those huge bets does really shows that you dont have that control
but this is actually something not that shocking when it comes to this because people would really be that trying out to go past beyond their limits specially if they do have that kind of approach on things that they could actually be able to win up the next bet. Once you do have that kind of mindset then you would really be pushing up yourself on trying to attain it.

When it comes to loses in gambling then it is something that could be sky on the limit, no matter how rich or wealthy you are on which damage could really be something significant
on which no matter how rich you are, you would really be able to feel up the pain. Cheesy

Don Pedro Dinero

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Quote from: Ultegra134 on April 04, 2024, 12:26:57 AM

It makes sense when you have such an abundance of money that $80,000 doesn't seem like a big deal.

It is a big deal, not a huge one but a big deal indeed.

I just looked it up and according to Wikipedia he has a net worth of $500 million, so he can afford to lose that $3 million, although it is 6% of his total net worth and it must have hurt. Imagine your net worth is $100,000 and going in drunk, you thought you lost $160 when you actually lost $6,000, something like that.

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Quote from: crwth on April 03, 2024, 01:03:50 AM

Saying that "it's just $80K" shows that they really have all the money in the world and it's just a drop in the bucket, you know? I agree in some ways that if you get depressed, it's definitely not for you. You need to get checked because it's YOU who decided to gamble and YOU decided to risk an X amount of money. It's all part of the risk when you are gambling.

It makes sense when you have such an abundance of money that $80,000 doesn't seem like a big deal. This video demonstrates how careless some rich people can become with their money when alcohol and possibly drugs are involved. This can also apply to anyone else, except we don't have three million dollars to lose. But the sure thing is that this combination is bound to make you lose money; it's practically making you dumber by impairing your ability to think straight, which often results in taking unnecessary risks you otherwise wouldn't take. It may not happen every time, but it'll eventually happen.

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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.

One mistake I can point out from this picture is mixing gambling with alcohol, this is the worst combination for success and hope non of us fall into this trap!!

Btw, I like this interview and the honestly of this guy as this shows gambling is not really about having fun but primarily making some extra money on what you have regardless of one's financial status.

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.

I wonder when does the depression kick in, when you calculate how much is lost or when you chasing your losses and you aren't winning Roll Eyes

Btw, do winning gamblers ever feel depressed or this is only for losers Tongue

kotajikikox

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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.

seriously "thought it was JUST 80k$" Cheesy

this would be my Life savings mate but for them this is just nothing but a piece of cake and that is what you can see in their Eyes and how they are talking .

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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.

that is a cool advise from a person that have just lose 3 million dollars without him not knowing and yeah if this is someone that is not that riches than them? for sure they will even commit suicide after knowing this mistake.

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Quote from: crwth on April 03, 2024, 01:03:50 AM

Saying that "it's just $80K" shows that they really have all the money in the world and it's just a drop in the bucket, you know? I agree in some ways that if you get depressed, it's definitely not for you. You need to get checked because it's YOU who decided to gamble and YOU decided to risk an X amount of money. It's all part of the risk when you are gambling.

However, it is not just $80k that he has lost. Uncle Dana lost $3 million American dollars of his own money! If you watched the video, he drank too much alcohol and he cannot control himself. This also appears to have caused why he thought he only lost just $80k heheheeh. The alcohol caused him to forget $2.92 million hehe.

It also appears that uncle Dana has a problem with alcohol. He might also have forgotten his power slap on his wife's face after looking at her with a very red face next morning.

UFC president Dana White admitted on Monday to slapping his wife on New Year's Eve.

White acknowledged the incident while speaking with TMZ after video surfaced of White slapping a woman in the face. In the video obtained by TMZ, White is seen at a night club standing with a woman on a balcony. The woman is seen with her head in her hands before turning to slap White in the face. White then slaps the woman in the face before the situation appears to settle. The footage cuts off a few moments later.

Read in full https://sports.yahoo.com/ufc-president-dana-white-admits-to-slapping-his-wife-on-new-years-eve-044437510.html

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Quote from: crwth on April 03, 2024, 01:03:50 AM

Saying that "it's just $80K" shows that they really have all the money in the world and it's just a drop in the bucket, you know? I agree in some ways that if you get depressed, it's definitely not for you. You need to get checked because it's YOU who decided to gamble and YOU decided to risk an X amount of money. It's all part of the risk when you are gambling.

Dana is a professional Blackjack player. He usually won millions of dollar in a casino that’s why he is confident for that amount because he knew that he can recover it when he play in full capacity since he admit defeat due to his drunk state while playing that time.

Besides of having a huge bankroll, He is confident to his skills that he can recover it easily through playing again or through his salary from UFC.

He is a god of Blackjack for me. He probably have a good sense of predicting possible cards through the use of different version of card count.

Yaunfitda

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Quote from: crwth on April 03, 2024, 01:03:50 AM

Saying that "it's just $80K" shows that they really have all the money in the world and it's just a drop in the bucket, you know? I agree in some ways that if you get depressed, it's definitely not for you. You need to get checked because it's YOU who decided to gamble and YOU decided to risk an X amount of money. It's all part of the risk when you are gambling.

Yeah, but he is multi millionaire so he might think that he could have just spend that $80k as if nothing. But wait, it's millions when he come to his senses. Nevertheless, he knows that he can come back and win that money again as the competitive inside of Dana is fueling him to get back at the casinos. It's all goes down to our emotions and control of ourselves. If by every emotions we feel, our reaction is to gamble, then yes definitely it's not for us. But for those people like Dana who has a lot of money to burn and then at the same time believes that they can recoup everything because that is their motivation, then most likely money is not going to be a concern for this individuals but the determination to recapture their losses and win some.

crwth

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Saying that "it's just $80K" shows that they really have all the money in the world and it's just a drop in the bucket, you know? I agree in some ways that if you get depressed, it's definitely not for you. You need to get checked because it's YOU who decided to gamble and YOU decided to risk an X amount of money. It's all part of the risk when you are gambling.

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Quote from: BABY SHOES on March 26, 2024, 01:55:44 PM

Alcohol can forget everything including that he won't think he has spent a lot of money even though he only remembers that it was just a little and gambling under the influence of alcohol then it will have a bad effect because he is half-conscious.

Alcohol can make us Blackout meaning we can forget or may not know everything we do that very moment.

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But he realized that even though he lost $3M and it is true that in gambling winning or losing will still happen so it must be realized for all gamblers.

or maybe because that amount is a little to nothing for him , this is why he just react like that.

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Although he lost by not experiencing any major depression it should not be imitated maybe he has more money reserves than us, never imitate the gambling style of a pope they are still immune to money even though they lose a lot while if we lose it will be severe depression.

it is not maybe , Dana really have a tons of money in his pocket , and into his accounts .

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There is time for everything, when it's time for drinking do not decide to do other important things at that time, let the time for drinking be for drinking only, do not get into other things.

I like advising my family friends who like to drink to always get in the act close to their beds, because they will lose control of their senses and the only solution is to sleep it off.

Although I still don't encourage drinking too much, because it comes with complications, Dana won't get hit too much because he has the money, but let's pretend that the millions is all he has left.

As a man its good to be responsible and discipline in everything.

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I just saw the video and dang how he got 3 million dollars in lost when he just only had 1 million in his credit line i still didn't get it and by the way that is a lot f** money. at the end of the video he give an advice to other people Cheesy

hahah to not drink the alcohol when playing the game.

the line is "Alcohol is free but don't fu** to drink it Grin

" this is epic and very much true

Litzki1990

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He might have consumed alcohol due to which he made a mistake in selecting the correct number at that time. He lost more money than he thought. Gambling is already very risky, a gambler can lose all his money due to a small mistake whereas if a gambler gambles under the influence of alcohol then his loss is guaranteed. Gambling can lead to both profit and loss but still we should try to gamble responsibly so that we don't make any big mistakes. Whenever we make a big mistake we will face a big financial loss. Gambling should be done with a relatively small amount of money without taking excessive financial risks and should make informed and cool minded decisions regarding gambling.

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Quote from: South Park on April 02, 2024, 12:42:11 PM

Quote from: Wakate on March 27, 2024, 11:46:35 AM

Quote from: BABY SHOES on March 26, 2024, 01:55:44 PM

Alcohol can forget everything including that he won't think he has spent a lot of money even though he only remembers that it was just a little and gambling under the influence of alcohol then it will have a bad effect because he is half-conscious.

But he realized that even though he lost $3M and it is true that in gambling winning or losing will still happen so it must be realized for all gamblers.

Although he lost by not experiencing any major depression it should not be imitated maybe he has more money reserves than us, never imitate the gambling style of a pope they are still immune to money even though they lose a lot while if we lose it will be severe depression.

Being drunk and playing is something that does not works for everyone, we need to be conscious in the batting hall or casino for us to know what we are doing or the bet we are playing. I don't advise people to go drunk and bet because it could have a severe results on us if we are unable to make good winnings as players. We just have to be careful how we gamble and going about playing games when we know that we are not fit enough to bet. Many people had made this mistake and they regretted it because they were too relaxed that they could be be fortunate to earn without knowing what they have lost so far.

Once you are having fun, it is very easy to let go of your inhibitions and begin to do all kind of things you would not do normally, in light of this fact, we need to be very careful with the amount of alcohol that we drink at casinos, with the best case scenario being not drinking at all, a scenario that is not very realistic given that people go to the casino precisely to get some fun, and alcohol is often expected to be consumed during those times, so the next best option should be to limit its consumption, so we do not go through the same experiences that were shared by the OP.

I think he was drugged by the casino manager that's why he couldn't remember he actually lost $3M that night. Either that or he just tells this story so that he can have the excuse of losing $3M.

But you know gamblers sometimes can boast how much they lost in a single night and tey are proud to tell it to people around him that he lost this much. And Dana is just one of them. It must feels so macho.

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Quote from: Wakate on March 27, 2024, 11:46:35 AM

Quote from: BABY SHOES on March 26, 2024, 01:55:44 PM

Alcohol can forget everything including that he won't think he has spent a lot of money even though he only remembers that it was just a little and gambling under the influence of alcohol then it will have a bad effect because he is half-conscious.

But he realized that even though he lost $3M and it is true that in gambling winning or losing will still happen so it must be realized for all gamblers.

Although he lost by not experiencing any major depression it should not be imitated maybe he has more money reserves than us, never imitate the gambling style of a pope they are still immune to money even though they lose a lot while if we lose it will be severe depression.

Being drunk and playing is something that does not works for everyone, we need to be conscious in the batting hall or casino for us to know what we are doing or the bet we are playing. I don't advise people to go drunk and bet because it could have a severe results on us if we are unable to make good winnings as players. We just have to be careful how we gamble and going about playing games when we know that we are not fit enough to bet. Many people had made this mistake and they regretted it because they were too relaxed that they could be be fortunate to earn without knowing what they have lost so far.

Once you are having fun, it is very easy to let go of your inhibitions and begin to do all kind of things you would not do normally, in light of this fact, we need to be very careful with the amount of alcohol that we drink at casinos, with the best case scenario being not drinking at all, a scenario that is not very realistic given that people go to the casino precisely to get some fun, and alcohol is often expected to be consumed during those times, so the next best option should be to limit its consumption, so we do not go through the same experiences that were shared by the OP.

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Quote from: Wakate on March 27, 2024, 11:46:35 AM

Quote from: BABY SHOES on March 26, 2024, 01:55:44 PM

Alcohol can forget everything including that he won't think he has spent a lot of money even though he only remembers that it was just a little and gambling under the influence of alcohol then it will have a bad effect because he is half-conscious.

But he realized that even though he lost $3M and it is true that in gambling winning or losing will still happen so it must be realized for all gamblers.

Although he lost by not experiencing any major depression it should not be imitated maybe he has more money reserves than us, never imitate the gambling style of a pope they are still immune to money even though they lose a lot while if we lose it will be severe depression.

Being drunk and playing is something that does not works for everyone, we need to be conscious in the batting hall or casino for us to know what we are doing or the bet we are playing. I don't advise people to go drunk and bet because it could have a severe results on us if we are unable to make good winnings as players. We just have to be careful how we gamble and going about playing games when we know that we are not fit enough to bet. Many people had made this mistake and they regretted it because they were too relaxed that they could be be fortunate to earn without knowing what they have lost so far.

There is a theory --- drunk while gambling that his pleasure increases but he loses awareness of his sanity so he will not be sober when playing gambling while betting big or small.

Gambling games we still have to be aware even though the game is luck but by being aware we know the betting limits or will not act more aggressively spending a lot, this should not be done by anyone for the sake of perverted pleasure but harming you more.

When he wants to win or lose, it doesn't matter if he is drunk, the important thing is that they play with the influence of alcohol that is still there.

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Quote from: BABY SHOES on March 26, 2024, 01:55:44 PM

Alcohol can forget everything including that he won't think he has spent a lot of money even though he only remembers that it was just a little and gambling under the influence of alcohol then it will have a bad effect because he is half-conscious.

But he realized that even though he lost $3M and it is true that in gambling winning or losing will still happen so it must be realized for all gamblers.

Although he lost by not experiencing any major depression it should not be imitated maybe he has more money reserves than us, never imitate the gambling style of a pope they are still immune to money even though they lose a lot while if we lose it will be severe depression.

Being drunk and playing is something that does not works for everyone, we need to be conscious in the batting hall or casino for us to know what we are doing or the bet we are playing. I don't advise people to go drunk and bet because it could have a severe results on us if we are unable to make good winnings as players. We just have to be careful how we gamble and going about playing games when we know that we are not fit enough to bet. Many people had made this mistake and they regretted it because they were too relaxed that they could be be fortunate to earn without knowing what they have lost so far.

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Quote from: Questat on March 27, 2024, 09:15:15 AM

Quote from: Apocollapse on March 27, 2024, 08:54:29 AM

$3 Million is just a peanut for him, it's not even 1% of his net worth.

What need to worry is poor or middle class people who get drunk and gamble at the same time, if they only earn $2K per month, but they gamble $1.5K at that night, this will cause a big problem for them.

Quote from: Kakmakr on March 27, 2024, 01:13:10 AM

Dana obviously have a gambling addiction problem, seeing that a lot of casinos blocked him from gambling at their establishments.

Fun fact, he got banned because he's a high roller and win a lot/url], so it's not about gambling addiction.

Gambling addiction doesn't mean he is losing all the time or most of the time. He loves to gamble consistently, that's already called as a gambling addiction. Well, as long his finances are not greatly affected, I think that's fine, and his gambling addiction making him ban from a casino because of his huge stake, that's a good kind of addiction as that means he is making money if I'm not mistaken.

There are actually some healthy/good addictions out there and gambling is definitely not one of them wether he is making money from it or not. Being a gambling addict means you cannot control your urge to gamble, so while you win some times, losses are also at the corner waiting for you. $3 million is quite a lot to lose at once and it is a thing of concern which should not be applauded, even if he is rich. The loss means nothing to him because he is addicted and he will go back to it again tomorrow. My advice to all "don't aspire to be like Dana who will even gamble when he is drunk". There is no fun in losing such an amount of money. Many would even die of depression for this reason.

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Quote from: Questat on March 27, 2024, 09:15:15 AM

Quote from: Apocollapse on March 27, 2024, 08:54:29 AM

$3 Million is just a peanut for him, it's not even 1% of his net worth.

What need to worry is poor or middle class people who get drunk and gamble at the same time, if they only earn $2K per month, but they gamble $1.5K at that night, this will cause a big problem for them.

Quote from: Kakmakr on March 27, 2024, 01:13:10 AM

Dana obviously have a gambling addiction problem, seeing that a lot of casinos blocked him from gambling at their establishments.

Fun fact, he got banned because he's a high roller and win a lot/url], so it's not about gambling addiction.

Gambling addiction doesn't mean he is losing all the time or most of the time. He loves to gamble consistently, that's already called as a gambling addiction. Well, as long his finances are not greatly affected, I think that's fine, and his gambling addiction making him ban from a casino because of his huge stake, that's a good kind of addiction as that means he is making money if I'm not mistaken.

Casinos or betting sites would really be not liking into those people who do make huge wins or simply with those lucky gamblers considering that this is something that would really be putting them in trouble.
Banning would really be the solution or something that having those kind of exclusions on which we know that this would really be a normal thing for them to do so. Going back into the topic in speaking about about those loses then it would be normal on having those loses on which the important thing on here is that you do really know on how much you would really be spending on which you wont really be putting up yourself
on such big trouble. For these people then we do know that these are millionaires or someone who could really be able to make easy money out of the businesses and careers they do have.

Actually its a good piece of advises on about gambling spending on which its true that everything should really be that in moderation and if you are someone whose really
that having no moderation about spending then you would really be messing up yourself with gambling.

Topic: Dana thought he lost $80k one night and his advice for gamblers - page 6. (Read 1597 times)