Don't gamble if you don't have patience - page 17.

bisdak40

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

This happened to me already twice in a row. I'm gambling for a long time but this is the first time I experience this kind of messy situation because it involves the fck up mempool.

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

It's just another bad day on your gambling but i know that you will be back soon lol but i do agree that in gambling we should be having a ton of patience to become a responsible gambler as they say but it is easier said than done when the adrenaline is already there flowing in your blood at the moment hehe.

Just wonder on why you kept on playing instead of taking a rest and wait for your deposit to be confirmed?

ethereumhunter

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That is the result of gambling and you have experienced it again and I hope you can really learn to be patient and never rush to gamble or anything else. This is where we really have to have self-control in gambling because if we don't, we can lose control and the bets we use can get bigger like what @OP did.

In yesterday's situation, where transaction fees increased, I finally decided not to deposit money at the casino and just use my remaining balance. That was enough for me because if I persisted in depositing money, I would have to wait a long time, making me lose my temper. This is a valuable lesson for all of us to be patient and responsible in gambling so we don't experience defeat.

Yatsan

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In almost everything in this world, patience is a must if you are seeking for success. However, in gambling patience should also managed. Not because you are patient you will already guarantee winning the game, that would more depend on your luck. Patience will only be effective in gambling in particular with sportsbetting but in a way of using statistics and researching for fighters' previous fights but still won't guarantee assured profit since there's no certainty with positive outcomes; anything could happen in a match. Much more with pure-luck gambling games wherein no matter how long you wait for fate to go in favor of your end, patience will save you. Another instance on using patience as an advantage in gambling is waiting for a match which has a good odds, also in sportsbetting.

Rabata

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Quote from: Zlantann on May 16, 2023, 07:11:13 PM

Quote from: livingfree on May 16, 2023, 06:53:42 PM

Sad to see that happen to you but this is something that we usually see happen. It's true that we as gamblers should be patient when it's about to deposits/withdrawals that we do.

As understandable the situation of the network, it's too clogged and will take time until our transactions get confirmations. And that's why when you've got had enough winnings already, don't gamble it as you'll be encouraged to do so and your emotion will tick you until you've got nothing left.

It's best to still control yourself and not just your patience but also your emotions so that you'll still got something to withdraw when you're able.

Patience is a virtue everyone should have because it will be helpful in all areas of our lives. But like you rightly pointed out gamblers need patients because gambling involves money and an act of impatience could lead to imaginable losses. Most times this might not work the way it is meant to but we still have to endure such challenges to enable us to follow our plans. The slowness of the transaction was an unexpected event and it affected your plan. But you need patience to continue with your plan regardless of the problem. The best option you had then was to wait for the reflection of your transactions and if it was taking more time than enough, the next step would be to stop gambling and keep waiting. But we all make mistakes but what makes us better is our ability to learn from them so that we will not repeat them in the future.

When there are many transactions stored in the mempool, it will naturally take more time and the transaction fee will be higher. But this situation does not always happen. It will be a big problem for a gambler to deposit BTC without noticing this. By sharing your topic, many gambler got a prior idea about the topic. I would not recommend depositing BTC at this time. Better alternative to deposit with any crypto if possible. Which can give you all kinds of opportunities.

A gambler must learn to be patient or his destiny will not last long. If someone wait patiently, you can get something good. Moreover, the problem that occurred a few days ago is gradually reducing. In gambling Patience is considered a great virtue. When such a situation occurred, those responsible gamblers will be less likely to lose.

Rruchi man

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

If you had been able to withdraw your money instantly, you would not have gambled it away, that is a good and reasonable excuse to give to blame the system, but in truth, if you have been a disciplined and completely responsible gambler, you would have a time for gambling and would have been able to exercise patience better.

If you have also been a responsible gambler, you would have been able to stop yourself from your loosing streak while waiting to withdraw your funds.

The problem is more with you than the system, saying you gambled away what was not planned due to delayed withdrawals is shifting blames and not taking responsibility. You are more responsible for your losses than the casino or betting platform you played on.

Crypt0Gore

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It is easier to do some stupid mistakes on online casinos, something like this has happened to me before where I have some money that I made true gambling online, and I decide not to withdraw the money on that day and a day later I tried to withdraw the money and I thought that the withdrawal is already in process after clicking the withdrawal button, then I now head back to continue my gambling and later I discovered that the withdrawal processing was stopped and I used the money that I was trying to withdraw in the first place and that was how I lost all the money.

We need to be careful, online gambling platforms are not like crypto exchanges.

truth be told, some online gambling platforms are cheaters, they are trying every possible ways to make sure that they cheat out of their customers, you have to be patience and avoid rushing things out, when you plan to withdraw, make sure your withdrawal goes through and receive in your wallet first before doing any other things.

swogerino

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

This happened to me already twice in a row. I'm gambling for a long time but this is the first time I experience this kind of messy situation because it involves the fck up mempool.

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

When I decide to gamble I do not care that much about transaction fees and mempool,I keep playing to have fun in the first place and usually play with a low bet,most of the time the minimum or just the one above it,I have learned the hard way that with any other bet you play,your funds in slot machines are gone in an instant.I like to entertain myself while also stacking up my rakeback balance as I play in such casinos only where they give you something back for every bet you place and I have learned the patience also the hard way from 2020 when I got out of addiction,yesterday I won some money,about 100 dollars and I will withdraw it tonight because it was 1.30 AM when I finished playing.

aioc

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

The network congestion is really a big burden for players I understand your concern I also experienced this way back, and my mindset is like yours while waiting for the network to be OK it's very tempting to try if can add more what we intended to withdraw, it's very risky you don't even notice that you already lose half of what you intended to withdraw so you'll try to win it back until you lose everything.

I hate it when I realize that the network decongests and you lose it all, so whenever there is congestion and I feel like I try my luck I'm using altcoins like Tron or BNB while waiting for the network to be ok.

Bitinity

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

-snip-
DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

I have no idea what is the relation between your story with instant withdrawal. As long as I know casinos with instant withdrawal will not let you to withdraw your funds if your deposit is still not confirmed. Means that instant withdrawal does not mean that you can withdraw without waiting for confirmation of your deposit. Your title and your story is good for others to learn, but your closing statement is not that related to your story imho. Anyway sorry to hear your lost because of your own impatience, lesson learned for you and for others. To avoid something like this in the future, make sure to have better fee for your deposit is you still want to gamble with bitcoin or better to use altcoin with cheaper fee and faster block confirmation.

Strongkored

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

Maybe it's more accurate not to gamble when circumstances are very unlikely because of many things, like what you are experiencing. It's not easy to stay calm and have a clear mind when things are not going according to what we want, but isn't life will like that? there are times when circumstances that look trivial but damage our clear minds so that we make decisions that can ultimately be very detrimental.

I have experienced what you are experiencing but not because instant withdrawals are not available, but because the casino took a very long time to process withdrawals and it happened to be my first experience playing there, and because I was annoyed with the way the casino handled withdrawals I chose to cancel and play using all the money available until it's all gone after that never again played there, and also usually when playing without a clear plan it will make me have no direction so it is very possible to lose at a very fast tempo.
It's been unpleasant to wait for confirmation from the Bitcoin network but fortunately everything seems to be back to normal although there may be another attack.

lienfaye

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

This happened to me already twice in a row. I'm gambling for a long time but this is the first time I experience this kind of messy situation because it involves the fck up mempool.

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

I can relate to your experience because it also happened to me many times. I really like a casino where you can use your deposited money instantly even without blockchain confirmation because you don't have to wait. But the problem is if you already win and wanted to withdraw your money. Since you really have to be patient and control yourself not to bet again because chances are you'll lose what you won already.

Thus, my solution for this is, if i'm already contented with my winnings, I just simply logged out my account and return after few hours and see if it's already available to withdraw. To be able to do this of course you need to control yourself. Somehow it is working for me, did it twice. But now, I chose not to gamble for a while because i'm currently busy at work.

Don Pedro Dinero

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

I deposit my funds in a casino using a low-priority fee. I managed to triple my bankroll by playing a quick game of Blackjack with huge bets. But since my deposit is so frickin slow to confirm while I don't want to bump my fee since it will create a different transaction on my account. Due to my winning streak while still waiting for many hours, I decided to just play slowly using a 1$ bet. This 1$ bet grows to all-in because I just keep losing for an insane lose streak just because I can't withdraw my funds.

<...>

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

Well, in this case you blame it on not being able to withdraw as the deposit had not been confirmed but I have known cases like yours, of winning a lot, withdrawing it, and after a while depositing it all again to end up losing it.

Here the question is more about knowing how to stop and hold on to the desire. When you triple your bankroll you have already had too much luck, too much positive variance in a game of negative expectation. Losing if you keep playing is the normal expected outcome.

alegotardo

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

[...]

Sharing my personal experience of my recent losses so that no one will commit this same mistake. Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

I have always only bet with the money I had in the bank (balance on the site), I think it is totally wrong to have a balance that is not yet available for use, no matter how good or bad the game's odds are.
Anyway, everyone has their own strategy and what might work well for you certainly wouldn't work for me because you need to have much, much greater game control.
In any case, it's really good of you to share this because I'm sure other people should do the same and if they read this maybe they'll start to be more careful too.

Good rest from the games, I hope you can resume soon and manage to reverse the damage.

Darker45

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Bitcoin for gambling isn't the best choice these days. I'd rather use altcoins. Stablecoins are a better choice. There's also Doge or LTC.

With the exorbitant Bitcoin transactions fees and confirmation that is too slow it could take days, we better manage our gambling funds well to avoid making deposits every now and then. We could also choose to leave funds in our casino wallet if they aren't big enough.

Lately, however, I have been choosing to gamble with fiat. It's more convenient this way.

danherbias07

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Sorry for your loss brother.
It's not just you, many gamblers right now are growing impatient about the transaction time of both our deposits and withdrawals. Do not let this get in your head or your mindset will be messed up and winning games will be more difficult if you are stressed out.
Just let it pass, for now, somehow it will be fixed when the developers see the bigger picture about this problem. I checked and it's still the same for a low-priority transaction, $1, 3 hours.
Just stay out of gambling for now until you receive the complete amount that you are waiting for and next time, estimate the balance a day before if it can still survive one or two more days.

mirakal

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

~snip~
DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

So, the issue you're facing is that the deposit you made is taking longer to confirm, but the gambling site has already credited the amount to your account. As a result, you were able to use it for gambling and you even won. However, since you can't withdraw the funds, you became tempted to continue gambling until you lost control and depleted your entire bankroll.

The thing is, not all gambling sites credit an amount to your balance before it is confirmed, typically requiring at least one confirmation. So, you were fortunate that the gambling site you used allowed it, as unconfirmed transactions can be canceled, and gamblers could potentially cheat in such situations.

Ultimately, it's important to remember that the issue lies not with instant withdrawals or slow withdrawal processing, but with a lack of discipline.

Wexnident

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

DON'T GAMBLE IF THE INSTANT WITHDRAWAL IS NOT AVAILABLE!

Or just don't gamble if you don't have the money Wink

. Kidding aside (not really), I'd say it's just because you were rushing for it, which can be seen as patience but I reckon it's something different. I mean you were rushing for funds here for some reason which meant you had or needed to spend it for something. I say try to just leave, close the casino when withdrawing and check it the next day instead. What I do most of the time. If it's still there the next time, then just retry.

Don't get me wrong it happens to the best of us imo. I've had some instances of it as well but I never really went past the point where I'd gamble it again while waiting.

ralle14

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I had a similar problem last week when I made a deposit to place a few sports bets. Instead of the confirmation stopping me from cashing out, it's the minimum withdrawal amount, as they increased it way too high than I expected. Using BTC to deposit and withdraw between casinos is the worst right now, and it's best to temporarily use altcoins until casinos adjust the fees and minimums back. On the other hand, there are casinos (for example, Duelbits) that would let you cash out your balance through another crypto regardless of the crypto you sent to your account.

harizen

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Quote from: Coin_trader on May 16, 2023, 12:05:37 PM

Bet responsibly. I will stay away from gambling for a while now that mempool is starting to suck once again.

I believed you are just frustrated that's why you decided to stay away from gambling for a while now.

I'm sure, as a fellow gambling enthusiast like me, you can't surely resist the temptation once you return to your relaxed mind now haha. I am just kidding bro. But yeah, that experience really sucks. Being excited and excited to play but deposits are stuck while on the other hand, instant withdrawals aren't available at the moment.

Just as an alternative, I'm now more on playing at online fiat casinos recently, for now, while waiting for the mem pool to flow smoothly.

Oilacris

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Quote from: Zlantann on May 16, 2023, 07:11:13 PM

Quote from: livingfree on May 16, 2023, 06:53:42 PM

Sad to see that happen to you but this is something that we usually see happen. It's true that we as gamblers should be patient when it's about to deposits/withdrawals that we do.

As understandable the situation of the network, it's too clogged and will take time until our transactions get confirmations. And that's why when you've got had enough winnings already, don't gamble it as you'll be encouraged to do so and your emotion will tick you until you've got nothing left.

It's best to still control yourself and not just your patience but also your emotions so that you'll still got something to withdraw when you're able.

Patience is a virtue everyone should have because it will be helpful in all areas of our lives. But like you rightly pointed out gamblers need patients because gambling involves money and an act of impatience could lead to imaginable losses. Most times this might not work the way it is meant to but we still have to endure such challenges to enable us to follow our plans. The slowness of the transaction was an unexpected event and it affected your plan. But you need patience to continue with your plan regardless of the problem. The best option you had then was to wait for the reflection of your transactions and if it was taking more time than enough, the next step would be to stop gambling and keep waiting. But we all make mistakes but what makes us better is our ability to learn from them so that we will not repeat them in the future.

If you dont have that patience then this isnt only making some mistakes on gambling alone but also in other aspect or things that we've been dealing off with.Any impatient decision would really be ending up to be disastrous if you arent really that thinking up that sensibly or clearly. Always assess on what are the things that would possibly happen if you do this or do that. It does have that corresponding result.Its not bad to gamble since its our money but if you are really that having plans on withdrawing it but been hindered just because of the huge or high fees then its up to your own choice
whether you would wait until it would subside or would still continue to play and would be busting up all of those balance as you do like. Of course we dont like to lose money in gambling but
we know on what the reality on the time you do step your foot into this field whether you would be that lucky or unlucky on that particular time when you do play.

Topic: Don't gamble if you don't have patience - page 17. (Read 1910 times)