all bets always have a risk but indeed most sports bets are better than casinos, the difference is that sports rely on analysis and also luck, but playing a casino only relies on luck alone, that's why playing a casino is riskier than sports betting but again that every bet is always to have a risk
Topic: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds! - page 20. (Read 8226 times)
March 29, 2023, 08:34:36 AM
all bets always have a risk but indeed most sports bets are better than casinos, the difference is that sports rely on analysis and also luck, but playing a casino only relies on luck alone, that's why playing a casino is riskier than sports betting but again that every bet is always to have a risk
March 29, 2023, 08:19:10 AM
all bets always have a risk but indeed most sports bets are better than casinos, the difference is that sports rely on analysis and also luck, but playing a casino only relies on luck alone, that's why playing a casino is riskier than sports betting but again that every bet is always to have a risk
March 29, 2023, 08:18:46 AM
We know how tough it is to lose money abd this gambler has lost quite a good sum of money which resulted in a bad experience for the ops, but the way things went was the gambler lost 1 4 million dollars this is an indication of either being rich or addicted
Not only that, it could have resulted from stolen funds a well, which in this case can be clearly stated that the money has gone back to where it comes from, it may actually be a public fund, except if this gambler is that very rich to have afforded to use that huge amount of money on gambling at once, as for me i can't do that because it has alot of risk, not until you win in gambling you will always stand a chance of loosing, he would have learnt his lesson actually and probably this time in a harsh way, money used for gambling are irreversible.
March 29, 2023, 08:10:12 AM
lol , in everything that involved money , anything can happen but in sports betting it is something rare to happen that the favorite is going to lose and that is the reality of this, we can track that for many chances and long years , this is why the Odd is far different from the lower ranking.
and also the more safer in sportsbet than any form of gambling in which mostly about luck to make you win.
You're correct, I have experienced like this because I did compare when I gamble on dice with the odds is 1.10 and only bet on sport matches where the odds is 1.10, the chance I lose on dice is really high rather than my bet with a same odds in sportsbook. I never make any money on dice when bet with small odds, but in sports I can make little profit since I mostly won and only lose for 1-2 match.and also the more safer in sportsbet than any form of gambling in which mostly about luck to make you win.
but the result is 0-7, isn't that a surprise?
whereas Man United is the favourite.
we cannot compare casino games with sports betting, whereas dice is a casino game whose results are very random and difficult to predict or research.
different from sports betting which can be predicted through analysis of all injured teams etc.
Sports betting is more predictable than pure casino luck, but the problem is that highly predictable matches in sports are balanced by bet funds difference, that's why matches with a clear result are not a good way to win the house, so that it becomes a bit even boring to bet on such matches...
March 29, 2023, 07:55:31 AM
lol , in everything that involved money , anything can happen but in sports betting it is something rare to happen that the favorite is going to lose and that is the reality of this, we can track that for many chances and long years , this is why the Odd is far different from the lower ranking.
and also the more safer in sportsbet than any form of gambling in which mostly about luck to make you win.
You're correct, I have experienced like this because I did compare when I gamble on dice with the odds is 1.10 and only bet on sport matches where the odds is 1.10, the chance I lose on dice is really high rather than my bet with a same odds in sportsbook. I never make any money on dice when bet with small odds, but in sports I can make little profit since I mostly won and only lose for 1-2 match.and also the more safer in sportsbet than any form of gambling in which mostly about luck to make you win.
but the result is 0-7, isn't that a surprise?
whereas Man United is the favourite.
we cannot compare casino games with sports betting, whereas dice is a casino game whose results are very random and difficult to predict or research.
different from sports betting which can be predicted through analysis of all injured teams etc.
March 29, 2023, 07:20:01 AM
The player was confirmed to have had a past history of gambling addiction and has wasted much more amount than the 1.4 million dollars in the last loss, but then I wondered why he is still having access to such huge funds when their knows he has a gambling problem, it shows the have not been proper rehabilitation for the ops.
No wonder and what you said here explains the main reason why he made the silly bet without risk management because only a gambling-addicted person would go that big on a game.By the way
How do you know the gambler didn’t use risk management
I know it is unlikely (but not impossible!) that this person has many millions or even billions of dollars and this loss represent just a small % of their fortune
March 29, 2023, 07:19:36 AM
We know how tough it is to lose money abd this gambler has lost quite a good sum of money which resulted in a bad experience for the ops, but the way things went was the gambler lost 1 4 million dollars this is an indication of either being rich or addicted
March 29, 2023, 06:10:29 AM
No one can ever guarantee winning in gambling so one should always bet according to one's ability. Don't bet on greed or high amount with guarantee of any result. If it is lost, there will be a big loss. As happened in op's story. I have also lost bets at small odds a few times. So gambling should always be done with small amounts and should be used as fun so that losses do not cause major losses. So I mostly bet on sports because it is highly predictable
Betting on soccer or any other sport is always the same. There is always the possibility of losing. Like you, I have also experienced a slight loss in my time and learned my lesson. For this reason, I started to do risk management well. Yes, betting is a job of skill and experience, but it should not be forgotten that this is also a labor-intensive job. You analyze the matches, you even look at which players are injured and which ones are playing. Sometimes you even look at the weather, which way the wind is blowing. I have even taken bets thinking about these things. But now I play for pleasure and I don't play seriously as often as I used to. This shows that my losses are not so much.It is indeed that all gambling has a lot of risks, though I never try to play on Sportsbet instead I almost often play at casino slot games.
And each round of the games always depends if we are lucky or not.
Which means that winning here most likely depends on luck but not on skills, isn't that right? This was what I experienced most of the time here in crypto gambling.
1. Skill based
2. Luck based
You would be able to determine which thing you would really be needing specially when you are doing sportsbet.You would be needing that analysis and knowledge towards teams and a certain player
when it comes to stats and game history which is something that you couldnt really be able to get when you do play slots and dice games online. This is why it would really be falling or actually be depending on someones preference if we do speak about game selection.Some do focus on luck ones because it is more entertaining but there are ones who do prefer on something which they could really be
having the edge for them to win.
March 29, 2023, 01:06:51 AM
No one can ever guarantee winning in gambling so one should always bet according to one's ability. Don't bet on greed or high amount with guarantee of any result. If it is lost, there will be a big loss. As happened in op's story. I have also lost bets at small odds a few times. So gambling should always be done with small amounts and should be used as fun so that losses do not cause major losses. So I mostly bet on sports because it is highly predictable
Betting on soccer or any other sport is always the same. There is always the possibility of losing. Like you, I have also experienced a slight loss in my time and learned my lesson. For this reason, I started to do risk management well. Yes, betting is a job of skill and experience, but it should not be forgotten that this is also a labor-intensive job. You analyze the matches, you even look at which players are injured and which ones are playing. Sometimes you even look at the weather, which way the wind is blowing. I have even taken bets thinking about these things. But now I play for pleasure and I don't play seriously as often as I used to. This shows that my losses are not so much.It is indeed that all gambling has a lot of risks, though I never try to play on Sportsbet instead I almost often play at casino slot games.
And each round of the games always depends if we are lucky or not.
Which means that winning here most likely depends on luck but not on skills, isn't that right? This was what I experienced most of the time here in crypto gambling.
March 28, 2023, 06:08:55 PM
No one can ever guarantee winning in gambling so one should always bet according to one's ability. Don't bet on greed or high amount with guarantee of any result. If it is lost, there will be a big loss. As happened in op's story. I have also lost bets at small odds a few times. So gambling should always be done with small amounts and should be used as fun so that losses do not cause major losses. So I mostly bet on sports because it is highly predictable
Betting on soccer or any other sport is always the same. There is always the possibility of losing. Like you, I have also experienced a slight loss in my time and learned my lesson. For this reason, I started to do risk management well. Yes, betting is a job of skill and experience, but it should not be forgotten that this is also a labor-intensive job. You analyze the matches, you even look at which players are injured and which ones are playing. Sometimes you even look at the weather, which way the wind is blowing. I have even taken bets thinking about these things. But now I play for pleasure and I don't play seriously as often as I used to. This shows that my losses are not so much.One thing that gamblers need to know. Losing a bet, is something that is certain. however, to minimize losses requires expertise, insight, and analysis. the rest, let luck decide.
So in essence, there is no guarantee of a definite win in every gambling session that we will play or bet on. be it casino games, or betting on sports betting. well, everyone has different ability limits, it also depends on how capable you are, no matter how big or small the bet is. most importantly, someone is ready with the risk. even so, it would be nice if gambling functioned more as a means of fun entertainment. plus, with money we can afford to lose. that way, someone won't have big problems when the stakes don't match expectations.
After all, in this thread the essence of what the OP is conveying is the message. it's just that, we tend to be more interested in the discussion about the gambler who lost by risking $1.4 million, but if we dig deeper, the important point is the message that the OP is conveying.
March 28, 2023, 05:39:29 PM
The player was confirmed to have had a past history of gambling addiction and has wasted much more amount than the 1.4 million dollars in the last loss, but then I wondered why he is still having access to such huge funds when their knows he has a gambling problem, it shows the have not been proper rehabilitation for the ops.
No wonder and what you said here explains the main reason why he made the silly bet without risk management because only a gambling-addicted person would go that big on a game. 
March 28, 2023, 04:14:09 PM
The player was confirmed to have had a past history of gambling addiction and has wasted much more amount than the 1.4 million dollars in the last loss, but then I wondered why he is still having access to such huge funds when their knows he has a gambling problem, it shows the have not been proper rehabilitation for the ops.
Can we also see or know the source from where you got the news that confirmed that he has had a past history of gambling addiction and losing money as big as this? If that's really the case, he probably has the money to himself as I don't think that he would get that many funds again to bet and lose if he has had similar losses in the past.-But no matter what, the player is indeed a big money bag to have a bet with such an amount 1.4 is indeed a huge amount that not all gamblers can afford.
March 28, 2023, 04:08:02 PM
The player was confirmed to have had a past history of gambling addiction and has wasted much more amount than the 1.4 million dollars in the last loss, but then I wondered why he is still having access to such huge funds when their knows he has a gambling problem, it shows the have not been proper rehabilitation for the ops.
Can we also see or know the source from where you got the news that confirmed that he has had a past history of gambling addiction and losing money as big as this? If that's really the case, he probably has the money to himself as I don't think that he would get that many funds again to bet and lose if he has had similar losses in the past.If he is in rehabilitation, how could he possibly gamble that too with such a big amount? I think these are all rumors, and even if he has an addiction, he probably has enough money as well that he has been using throughout his gambling history if this is not a first for him.
March 28, 2023, 01:07:45 PM
We don't need to go further except to go back yesterday night and see that Czech Republic a heavy favorite could not win against one of the big underdogs of their group which is Moldova and the odd was 1.17 which is quite low and 1.17 in football is like 1.05 in tennis.We cannot stop these things but we should hope that the teams that we bet on a big amount won't screw up the time when we bet on them.Personally I used to bet on favorites,heavy ones but I kept losing money while since recently I have started playing big parlays with odds of minimum of 19 in total and as long as I hit 3 of them during the month I am in profit.It happens,big favorites lose their games and we should accept it and move on as there is nothing that we can do about this.
If you enter this sector, you have to take this risk. You may not win all the time. I don't think those who make these bets win all the time. Sometimes luck prefers not to be on your side. This actually has nothing to do with the odds. Whether it's 1.10 or 1.25 or 1.85. If your luck and confidence is equal to the risk you take, somehow you are still the winner. Here's what I'm trying to say. There is winning and losing in this business. Since it is a risky business, it is up to us to adjust our risk and reduce this risk when we take multiple bets. You should not get greedy and be fooled by the odds. We shouldn't play whatever your heart desires. Because if we bring emotions into this, we will be the ones who will be harmed again. As you said, we don't have to go very far for examples of these. Maybe we shouldn't bet on these matches sometimes. I feel like we are being tested by greed. 
March 28, 2023, 12:49:32 PM
No one can ever guarantee winning in gambling so one should always bet according to one's ability. Don't bet on greed or high amount with guarantee of any result. If it is lost, there will be a big loss. As happened in op's story. I have also lost bets at small odds a few times. So gambling should always be done with small amounts and should be used as fun so that losses do not cause major losses. So I mostly bet on sports because it is highly predictable
Betting on soccer or any other sport is always the same. There is always the possibility of losing. Like you, I have also experienced a slight loss in my time and learned my lesson. For this reason, I started to do risk management well. Yes, betting is a job of skill and experience, but it should not be forgotten that this is also a labor-intensive job. You analyze the matches, you even look at which players are injured and which ones are playing. Sometimes you even look at the weather, which way the wind is blowing. I have even taken bets thinking about these things. But now I play for pleasure and I don't play seriously as often as I used to. This shows that my losses are not so much.that aware of the chances or probabilities so that you wouldnt be ending up on regretting just because you had just neglect this one out. 1.01 or below it doesnt matter because if you are really that unlucky
you would definitely lose a certain bet.You cant really make out that sure win no matter what.This is why always bet on the amount which you can really afford to lose.
Dont get yourself that too confident no matter how small the chance of losing would be.
Manage your finances and make sure to have a good bankroll management else, you will lose a lot with this activity, same with you, I follow that statement regarding to luck factor even how high the chances of winning if luck will not be on your side you can still lose just the same thing that happen to OP's story.
That hug money that the gambler place for a huge amount of winning chances go to the otherside and let him lose his money.
Things that can happen to everyone if luck will not permits you to win the game.
March 28, 2023, 12:41:11 PM
No one can ever guarantee winning in gambling so one should always bet according to one's ability. Don't bet on greed or high amount with guarantee of any result. If it is lost, there will be a big loss. As happened in op's story. I have also lost bets at small odds a few times. So gambling should always be done with small amounts and should be used as fun so that losses do not cause major losses. So I mostly bet on sports because it is highly predictable
Betting on soccer or any other sport is always the same. There is always the possibility of losing. Like you, I have also experienced a slight loss in my time and learned my lesson. For this reason, I started to do risk management well. Yes, betting is a job of skill and experience, but it should not be forgotten that this is also a labor-intensive job. You analyze the matches, you even look at which players are injured and which ones are playing. Sometimes you even look at the weather, which way the wind is blowing. I have even taken bets thinking about these things. But now I play for pleasure and I don't play seriously as often as I used to. This shows that my losses are not so much.We don't need to go further except to go back yesterday night and see that Czech Republic a heavy favorite could not win against one of the big underdogs of their group which is Moldova and the odd was 1.17 which is quite low and 1.17 in football is like 1.05 in tennis.We cannot stop these things but we should hope that the teams that we bet on a big amount won't screw up the time when we bet on them.Personally I used to bet on favorites,heavy ones but I kept losing money while since recently I have started playing big parlays with odds of minimum of 19 in total and as long as I hit 3 of them during the month I am in profit.It happens,big favorites lose their games and we should accept it and move on as there is nothing that we can do about this.
March 28, 2023, 12:16:40 PM
No one can ever guarantee winning in gambling so one should always bet according to one's ability. Don't bet on greed or high amount with guarantee of any result. If it is lost, there will be a big loss. As happened in op's story. I have also lost bets at small odds a few times. So gambling should always be done with small amounts and should be used as fun so that losses do not cause major losses. So I mostly bet on sports because it is highly predictable
Betting on soccer or any other sport is always the same. There is always the possibility of losing. Like you, I have also experienced a slight loss in my time and learned my lesson. For this reason, I started to do risk management well. Yes, betting is a job of skill and experience, but it should not be forgotten that this is also a labor-intensive job. You analyze the matches, you even look at which players are injured and which ones are playing. Sometimes you even look at the weather, which way the wind is blowing. I have even taken bets thinking about these things. But now I play for pleasure and I don't play seriously as often as I used to. This shows that my losses are not so much.
March 28, 2023, 11:47:25 AM
No one can ever guarantee winning in gambling so one should always bet according to one's ability. Don't bet on greed or high amount with guarantee of any result. If it is lost, there will be a big loss. As happened in op's story. I have also lost bets at small odds a few times. So gambling should always be done with small amounts and should be used as fun so that losses do not cause major losses. So I mostly bet on sports because it is highly predictable
Betting on soccer or any other sport is always the same. There is always the possibility of losing. Like you, I have also experienced a slight loss in my time and learned my lesson. For this reason, I started to do risk management well. Yes, betting is a job of skill and experience, but it should not be forgotten that this is also a labor-intensive job. You analyze the matches, you even look at which players are injured and which ones are playing. Sometimes you even look at the weather, which way the wind is blowing. I have even taken bets thinking about these things. But now I play for pleasure and I don't play seriously as often as I used to. This shows that my losses are not so much.This is one of the many unexpected events, so even though sportsbooks always present something good in bets, we still have to think about the worst possibility in this case.
March 28, 2023, 10:19:29 AM
No one can ever guarantee winning in gambling so one should always bet according to one's ability. Don't bet on greed or high amount with guarantee of any result. If it is lost, there will be a big loss. As happened in op's story. I have also lost bets at small odds a few times. So gambling should always be done with small amounts and should be used as fun so that losses do not cause major losses. So I mostly bet on sports because it is highly predictable
Betting on soccer or any other sport is always the same. There is always the possibility of losing. Like you, I have also experienced a slight loss in my time and learned my lesson. For this reason, I started to do risk management well. Yes, betting is a job of skill and experience, but it should not be forgotten that this is also a labor-intensive job. You analyze the matches, you even look at which players are injured and which ones are playing. Sometimes you even look at the weather, which way the wind is blowing. I have even taken bets thinking about these things. But now I play for pleasure and I don't play seriously as often as I used to. This shows that my losses are not so much.that aware of the chances or probabilities so that you wouldnt be ending up on regretting just because you had just neglect this one out. 1.01 or below it doesnt matter because if you are really that unlucky
you would definitely lose a certain bet.You cant really make out that sure win no matter what.This is why always bet on the amount which you can really afford to lose.
Dont get yourself that too confident no matter how small the chance of losing would be.
March 28, 2023, 10:01:44 AM
lol , in everything that involved money , anything can happen but in sports betting it is something rare to happen that the favorite is going to lose and that is the reality of this, we can track that for many chances and long years , this is why the Odd is far different from the lower ranking.
and also the more safer in sportsbet than any form of gambling in which mostly about luck to make you win.
You're correct, I have experienced like this because I did compare when I gamble on dice with the odds is 1.10 and only bet on sport matches where the odds is 1.10, the chance I lose on dice is really high rather than my bet with a same odds in sportsbook. I never make any money on dice when bet with small odds, but in sports I can make little profit since I mostly won and only lose for 1-2 match. and also the more safer in sportsbet than any form of gambling in which mostly about luck to make you win.
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