Topic: Gambled away my tuition bitcoins - page 3. (Read 4330 times)

Like any addictions or mental health issues it's hard to understand if you've not experienced them. It's not just as easy as saying "just stop" but only your own self-determination and willpower can overcome them.

Dude. I was married to a gambling addict for 7 years (didn't know for first 6). She sold the house, the car, the land, about 10 phones, her kids computers ..... I don't understand it either, but I guess we all have different buttons to be pushed. Worse than drug addicts in many ways. Can destroy a family in a weekend

I never thought gambling was an "addiction" until I saw my buddy do this.  We all played pull tabs or keno at the pubs.  He started hitting the Casino. It got to the point where he had pulled out so many cash advances that he was broke the moment he got paid.  He then started borrowing money from other sources.

He was like a drug addict looking for his next high, I never knew that was possible when it came to money. 

Then again, people spend tonnes of money on facebook credits to beat a Candy Crush level.

I really want to know what he's studying.

Yeah, this is what makes an addict when they attempt to win back the money they've lost. Gambling is dangerous because whatever happens it's hard to quit. Even if you win big you're likely to try win even more.

Anyone telling you there is a "right way to gamble" online is an addict, pure and simple.

More importantly is that you remember your mistake and don't repeat it. Bunch of people telling you the "right way to gamble" but they are all wrong. Because there is a house edge....

There's the worst possible advice. Please ignore it. You don't need "balls" to gamble, just like you don't need "balls" to become an alcoholic. Get some help. Your luck will not change. That's the addict talking.

Where's the forum's "idiot" tag when you need one?

Sorry to be so harsh, but gambling with money that you need is a really bad idea as most other folks have already told you.
Ignore the crap from the few who claim that you can make money gambling - no strategy can work in the long run, otherwise casinos would quickly be bankrupt.
Martingale (doubling when you lose) can mathematically work if you have infinite wealth to start with - well in that case gambling will not significantly change your wealth anyway, so you might just as well gamble. In any other case (less than infinite wealth), Martingale is not a winning strategy.

Onkel Paul

Don't gamble what you can't afford to lose.

I really think converting all your fiat into Bitcoin was a bad idea for you. You say you never gambled before this which indicates that you had hesitations about gambling your dollars away. But the thing is when all those those thousands were converted into bitcoins, numerically they looked much less innocent; 6 btc as opposed to $4,800 dollars. There is a psychological phenomenon behind this. You don't really think of bitcoins as money anymore and it's much easier to gamble with btc than it is with USD online.

Those are the really dangerous factors that can snag people into a gambling addiction if they aren't careful. The kind of people who would never consider even betting $20 are fine when that $20 is only 0.024 btc. I'm guilty of this myself and have lost a bit of coin just because bitcoin was so easy to gamble with.

Player    Number    Target    Bet size    Profit
Herminus (330377)   02.8036   <33.0000   0.00000004   +0.00000008
Herminus (330377)   46.5257   <33.0000   0.00000002   -0.00000002
Herminus (330377)   48.2695   <33.0000   0.00000002   -0.00000002
Herminus (330377)   78.3290   <33.0000   0.00000001   -0.00000001
Herminus (330377)   01.3940   <33.0000   0.00000001   +0.00000002
Herminus (330377)   08.0847   <33.0000   0.00000002   +0.00000004
Herminus (330377)   32.6580   <33.0000   0.00000001   +0.00000002
Herminus (330377)   09.1414   <33.0000   0.00000008   +0.00000016
Herminus (330377)   73.6157   <33.0000   0.00000004   -0.00000004
Herminus (330377)   90.3140   <33.0000   0.00000002   -0.00000002
Herminus (330377)   55.1715   <33.0000   0.00000002   -0.00000002
Herminus (330377)   91.2975   <33.0000   0.00000001   -0.00000001
Herminus (330377)   12.1702   <33.0000   0.00000002   +0.00000004
Herminus (330377)   80.3163   <33.0000   0.00000001   -0.00000001
Herminus (330377)   14.7930   <33.0000   0.00000004   +0.00000008
Herminus (330377)   40.2683   <33.0000   0.00000002   -0.00000002
Herminus (330377)   42.8177   <33.0000   0.00000001   -0.00000001
Herminus (330377)   28.7208   <33.0000   0.00000004   +0.00000008
Herminus (330377)   56.4517   <33.0000   0.00000002   -0.00000002
Herminus (330377)   69.6440   <33.0000   0.00000001   -0.00000001
Herminus (330377)   19.6360   <33.0000   0.00000001   +0.00000002
Herminus (330377)   21.2790   <33.0000   0.00000002   +0.00000004
Herminus (330377)   93.9323   <33.0000   0.00000001   -0.00000001
Herminus (330377)   29.2923   <33.0000   0.00000004   +0.00000008
Herminus (330377)   86.9031   <33.0000   0.00000002   -0.00000002
Herminus (330377)   74.4436   <33.0000   0.00000001   -0.00000001
Herminus (330377)   05.9175   <33.0000   0.00000008   +0.00000016
Herminus (330377)   36.6315   <33.0000   0.00000004   -0.00000004
Herminus (330377)   50.6931   <33.0000   0.00000002   -0.00000002
Herminus (330377)   93.6458   <33.0000   0.00000001   -0.00000001
Herminus (330377)   04.3561   <33.0000   0.00000002   +0.00000004
Herminus (330377)   57.2832   <34.0000   0.00000001   -0.00000001

As you can see there is a winning strategy you just need to be calm, play stress free and the winning will come
The only thing you need to know is when to STOP!
Take a break and continue the next day or never if you decided you won enough!

Damn man everyone makes mistakes but that is a really bad mistake you made. I feel bad for you OP.

That's terrible advice. You would need a huge bankroll and nerves of steel for that to be profitable. You are much better off taking this in as a learning experience...

Congrats on trying to win big, and for taking the kinds of risk most people here clearly don't have the balls to do. If you have a small amount left I would play it again and try to get more of your money back. Just consider that 4g's gone and maybe your luck will change.

I probably wouldn't do it again though. At least now you know better and it's just money at the end of the day

OP - you dumbass!

You have my sympathy. You are a gambling addict but didn't realize it until it was too late. Go and get some support if available in your area. Don't think "the money has gone, I don't need support now". That is the addict trying to trick you. You will have money again in the future. If you don't get support, the pattern will repeat itself, believe me. I was married to a gambling addict .....

Gambling is a bad idea overall, but if you can afford to lose then do what you want. If you can't afford to lose then you're dumb as fuck.