Gambling loses and wins - page 28. | Bitcointalksearch.org

yueno

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Yueno

Quote from: btcmasterZ on March 16, 2016, 12:35:21 AM

Quote from: JasonXG on March 15, 2016, 10:12:11 PM

Quote from: btcmasterZ on March 15, 2016, 10:04:58 PM

I played every day and use martingale strategy.
Wins about 0.2-0.3 btc.
But i lose to if i have not luck.. Lose 0.1-0.2 btc.

That's ok because you make it up. And how many btc do you start with when you get daily ? Once you win do you stop before you lose everthing ? Would like to know if you don't mind.

i usually start from 0.4-0.5btc.
Yes, need stop when you win some profint, else can lose all btc.

Wow you get i high of money therefore you are rich kid. And always on the winning side therefore it is hard to get that in the same way that you usually on the winning side if you are on gambling or on the losing side if you are in the gambling.

hatshepsut93

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Quote from: Kasabus on March 02, 2017, 12:56:13 AM

Quote from: chris200x9 on February 27, 2017, 12:50:41 PM

Quote from: serjent05 on February 26, 2017, 05:56:15 PM

Quote from: Babayega31 on February 26, 2017, 05:39:39 PM

Losses has a very deep part of gambling and as you experience this everytime you are playing gambling you become more aggressive to bet for more, its doesn't give you discouragement even though its becoming worst. When you compare it with your wins I see the same idea of no satisfaction even you won a good prize, still you don't stop and still hope for another chance which could turn out you to lose again and again.

I agree that losses is really a deep part of gambling. It is designed that way because of the house edge. Though it is decided by chance, with the house having an edge, there is more possibility that the house will win in every roll. Though some analyst say there is an equal chance in every roll in gambling.

Yes, the loss is the main part of gambling. If you play slot games, then the house having an edge and your loses chance will increase. So if you want to increase your win chance, you must play skill games. Here the win and loss both have equal value. And sometimes the win have more value than a loss. I don't know who said that there is an equal chance in every roll in gambling. According to me lose chance in high in every roll.

Even if there is no house edge, the sites has still the advantage because they have proven to be smarter than us with the evident by their profitable business. Losing when accepted will give us entertainment in playing games we like, whatever game it is as long as it's our favorites, we will always appreciate the chance to enjoy.

This is a common myth in gambling community that casino operators are smart and tricky and find their ways to always win, and only the most smart players can possibly match them. But in truth, everything is very simple, first there is the house edge, which needs to be there simply because casino is a service that requires money to operate - servers, employees, advertising, development. etc. But I also believe that the house gets the profit from other source - gamblers ruin theorem. When player visits a casino, he can only play for as long as he have a balance, and since the chances to lose are almost the same as chances to win, it only means that after some period of playing you will lose your deposit, because casino has hundreds or thousands bitcoins in its bankroll and can cover any loss, while players ability to cover loses is very limited.

MinerHQ

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Quote from: pinkpanther03 on March 12, 2017, 01:19:31 AM

Quote from: fullypak on March 15, 2016, 08:18:58 PM

Quote from: risedark2 on March 15, 2016, 07:38:25 PM

Me too down some 100$ and still in process to earn it back.

I think you should just forget it by thinking spent money for fun or entertainment because if we try to recover back our loses than we may end up losing more. So just play some times for fun and if your lucky than surely you will win back your money but don't try to chase the winnings.

That's right, the more we think to recover our looses in the game, is the more we gave ourselves to be lose again and again. So the better way for this concern is to stay away with it. At least win or lose it doesn't matter at all.

True, the worst thing to do is chasing winnings in gambling. Only luck is needed to win money in gambling, so there is no need to try so hard to recover your losses. If you try to recover at least, you can save those coins and think whatever your lost is donated to someone. Concentrate on earning back those losses from some other investments and never try from gambling again.

pinkpanther03

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Quote from: fullypak on March 15, 2016, 08:18:58 PM

Quote from: risedark2 on March 15, 2016, 07:38:25 PM

Me too down some 100$ and still in process to earn it back.

I think you should just forget it by thinking spent money for fun or entertainment because if we try to recover back our loses than we may end up losing more. So just play some times for fun and if your lucky than surely you will win back your money but don't try to chase the winnings.

That's right, the more we think to recover our looses in the game, is the more we gave ourselves to be lose again and again. So the better way for this concern is to stay away with it. At least win or lose it doesn't matter at all.

bravehearth0319

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Quote from: gilangIDR on March 15, 2016, 06:49:10 PM

gambling is not predictable that easy. gambling is a risky game. nearly 70% of my defeat. but my profits outweigh the disadvantages. you should see that gambling could generate a lot of money by betting small and too short time. whatever happens you still will not be able to predict the outcome of gambling. Gambling is risky !!! you have to be brave !!

Your right, gambling is unpredictable and it is very risky to do because there is a chance that we might loss a big amount of money once you try to start to play on this sites. And I agreed that you need to be brave, as in brave to be loss most of the time in gambling sites Cheesy

PhucS

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Can say I've lost a lot of money because of gambling addiction. I do not remember exactly, but the money I win when winning is only half the money I lost. I recommend that you do not get too addicted to gambling. I was once like you, play a lot and lost. Then, want to play to earn back the money lost. If you are lucky to recover the amount lost is better. But if you continue to lose, then you will suffer the consequences quite large. Gambling is a game of risk, largely based on luck factor is mainly, today you should be able to win a lot but tomorrow you may lose more

Labumi

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Quote from: Rovin21 on July 20, 2016, 10:07:20 PM

I was introduced to bitcoin because of the pokersite seals with clubs. I have a question, is the online poker rigged in general?

I thought and also I prove myself that most gambling is long-standing (base bitcoin) is gambling that has no cheating at all. Because they have a better system than the site that appears or standing. barus But keep in mind that it is indeed the game in online sites much more complicated compared to offline gambling online gambling, because it requires higher thinking compared to offline gambling. So don't ever greedy and ambition in the gambling online, if you don't want to get big loss

kidoseagle0312

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Quote from: JasonXG on March 15, 2016, 06:26:01 PM

So.... how much have you win or loss gambling ?? And what did you stake ?
I've lost about $60 so far but im planning to win it back. Pigs get fat and hogs get slaughtered.
A saying well said, however i still need to learn it since my greed is my downfall. Guys and girls
how much money have you made or lost gambling ? Any pointers or warnings ?

The more we play in gambling actually is the more we also learn in every losses we faced in the gambling world. But majority of the player even they know what they what there doing still ignoring was always being implemented so the result in the lots of losses in money because of being greedy in the games.

crwth

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Quote from: Kasabus on March 02, 2017, 12:56:13 AM

Quote from: chris200x9 on February 27, 2017, 12:50:41 PM

Quote from: serjent05 on February 26, 2017, 05:56:15 PM

Quote from: Babayega31 on February 26, 2017, 05:39:39 PM

Losses has a very deep part of gambling and as you experience this everytime you are playing gambling you become more aggressive to bet for more, its doesn't give you discouragement even though its becoming worst. When you compare it with your wins I see the same idea of no satisfaction even you won a good prize, still you don't stop and still hope for another chance which could turn out you to lose again and again.

I agree that losses is really a deep part of gambling. It is designed that way because of the house edge. Though it is decided by chance, with the house having an edge, there is more possibility that the house will win in every roll. Though some analyst say there is an equal chance in every roll in gambling.

Yes, the loss is the main part of gambling. If you play slot games, then the house having an edge and your loses chance will increase. So if you want to increase your win chance, you must play skill games. Here the win and loss both have equal value. And sometimes the win have more value than a loss. I don't know who said that there is an equal chance in every roll in gambling. According to me lose chance in high in every roll.

Even if there is no house edge, the sites has still the advantage because they have proven to be smarter than us with the evident by their profitable business. Losing when accepted will give us entertainment in playing games we like, whatever game it is as long as it's our favorites, we will always appreciate the chance to enjoy.

If the house has no edge, a lot of people would have won a lot of money there and a little profit I guess for the casino coming from the people that didn't use any strategy. It's a business that is going to earn always. Entertainment is fun especially when you are winning.

Kasabus

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Quote from: chris200x9 on February 27, 2017, 12:50:41 PM

Quote from: serjent05 on February 26, 2017, 05:56:15 PM

Quote from: Babayega31 on February 26, 2017, 05:39:39 PM

Losses has a very deep part of gambling and as you experience this everytime you are playing gambling you become more aggressive to bet for more, its doesn't give you discouragement even though its becoming worst. When you compare it with your wins I see the same idea of no satisfaction even you won a good prize, still you don't stop and still hope for another chance which could turn out you to lose again and again.

I agree that losses is really a deep part of gambling. It is designed that way because of the house edge. Though it is decided by chance, with the house having an edge, there is more possibility that the house will win in every roll. Though some analyst say there is an equal chance in every roll in gambling.

Yes, the loss is the main part of gambling. If you play slot games, then the house having an edge and your loses chance will increase. So if you want to increase your win chance, you must play skill games. Here the win and loss both have equal value. And sometimes the win have more value than a loss. I don't know who said that there is an equal chance in every roll in gambling. According to me lose chance in high in every roll.

Even if there is no house edge, the sites has still the advantage because they have proven to be smarter than us with the evident by their profitable business. Losing when accepted will give us entertainment in playing games we like, whatever game it is as long as it's our favorites, we will always appreciate the chance to enjoy.

chris200x9

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Quote from: serjent05 on February 26, 2017, 05:56:15 PM

Quote from: Babayega31 on February 26, 2017, 05:39:39 PM

Losses has a very deep part of gambling and as you experience this everytime you are playing gambling you become more aggressive to bet for more, its doesn't give you discouragement even though its becoming worst. When you compare it with your wins I see the same idea of no satisfaction even you won a good prize, still you don't stop and still hope for another chance which could turn out you to lose again and again.

I agree that losses is really a deep part of gambling. It is designed that way because of the house edge. Though it is decided by chance, with the house having an edge, there is more possibility that the house will win in every roll. Though some analyst say there is an equal chance in every roll in gambling.

Yes, the loss is the main part of gambling. If you play slot games, then the house having an edge and your loses chance will increase. So if you want to increase your win chance, you must play skill games. Here the win and loss both have equal value. And sometimes the win have more value than a loss. I don't know who said that there is an equal chance in every roll in gambling. According to me lose chance in high in every roll.

megynacuna

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My wins have always exceeded my loses week-in week-out because I've created a niche not to parlay more than 2 games (sports betting) and I opt for games with high odds so I don't have to wager too much on a single bet. I'm also satisfied with the little that I win on a weekly basis; that attitude is also an immense contributing factor.

erwin45hacked

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Quote from: Ashong Salonga on February 27, 2017, 01:10:28 AM

There is certainly no equal chance if winning every roll since oftentimes the probability of winning is against you.

The probability of winning is the same however what differ is the house edge. In a game with higher house edge, you are bound to lose higher amount of each of your wager therefore it is always wise to choose game with lower house edge. You can lose more then what listed of the house edge however your chances should be better in a game with lower house edge

Ashong Salonga

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Quote from: serjent05 on February 26, 2017, 05:56:15 PM

Quote from: Babayega31 on February 26, 2017, 05:39:39 PM

Losses has a very deep part of gambling and as you experience this everytime you are playing gambling you become more aggressive to bet for more, its doesn't give you discouragement even though its becoming worst. When you compare it with your wins I see the same idea of no satisfaction even you won a good prize, still you don't stop and still hope for another chance which could turn out you to lose again and again.

I agree that losses is really a deep part of gambling. It is designed that way because of the house edge. Though it is decided by chance, with the house having an edge, there is more possibility that the house will win in every roll. Though some analyst say there is an equal chance in every roll in gambling.

There is certainly no equal chance if winning every roll since oftentimes the probability of winning is against you. Losses as very deep part of the gambling is actually the most dangerous stage of all since you are coping in the boundary of total lose and chance of recovery from yoyr lose. This is to risky to do causing most gamblers to stop the game worhour earning but lose.

serjent05

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Quote from: Babayega31 on February 26, 2017, 05:39:39 PM

Losses has a very deep part of gambling and as you experience this everytime you are playing gambling you become more aggressive to bet for more, its doesn't give you discouragement even though its becoming worst. When you compare it with your wins I see the same idea of no satisfaction even you won a good prize, still you don't stop and still hope for another chance which could turn out you to lose again and again.

I agree that losses is really a deep part of gambling. It is designed that way because of the house edge. Though it is decided by chance, with the house having an edge, there is more possibility that the house will win in every roll. Though some analyst say there is an equal chance in every roll in gambling.

uneng

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Quote from: Babayega31 on February 26, 2017, 05:39:39 PM

Losses has a very deep part of gambling and as you experience this everytime you are playing gambling you become more aggressive to bet for more, its doesn't give you discouragement even though its becoming worst. When you compare it with your wins I see the same idea of no satisfaction even you won a good prize, still you don't stop and still hope for another chance which could turn out you to lose again and again.

It doesn't give you discouragement until you spend your last satoshi betting. And after 1 second of your last bet you don't have anything more and feel very sad with yourself, that is a terrible feeling, and that is a sign of sickness for gambling addiction.
When this happen the gambler should stop playing or to try to find help, many gamblers find the solution in the religion, like drugs and alcoholic addicteds.

Babayega31

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Losses has a very deep part of gambling and as you experience this everytime you are playing gambling you become more aggressive to bet for more, its doesn't give you discouragement even though its becoming worst. When you compare it with your wins I see the same idea of no satisfaction even you won a good prize, still you don't stop and still hope for another chance which could turn out you to lose again and again.

blackhawkeye1912

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Quote from: serjent05 on July 07, 2016, 05:07:26 AM

Quote from: praprata on July 07, 2016, 04:20:34 AM

I know that I have lost way more times then that I have won so That is why I do not gamble anymore, when you win you think that you can do it again.
But when you think that you can win again you are going to keep playing and end up losing constantly.

It's a good thing you realized the trap gambling had laid for you. And I admire you for the discipline you have enforced to yourself. It's very hard to stop when all your mind is into chasing loses. But then you managed too Cheesy

. As for me, whenever i got extra from my earning, savings already set aside, I always try to reap some profit but then most likely being strip of my extra LOL. Well that is gambling, at the end you will lose all if you don't know when to quit Cheesy

correct, that's giving up in gambling isn't easy to apply. It's very seldom to see that in the other gamblers only you I know, Even me sometimes I can't stop playing myself inside the gambling site I'm always attempted to deposit some bitcoins to into my bankroll, but in the end I always end up of nothing lol Grin

kidoseagle0312

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Quote from: lolgato1 on March 15, 2016, 07:32:55 PM

Wow more of those gambling threads I have won 415$ in gambling then lost it quickly after winning it. Quite dissapointing for me.

Well 415$ is a big amount, which can't be easily to have that. As we all know in gambling sites most often happened in the gamblers was always loss in the games, with loss big amount of money, few winners only are luckily achieved their target. But even many of them are loser still majority of them too are never stop doing gamble. Maybe its because they are immune also for being a loser. Grin

abel1337

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Quote from: eann014 on February 12, 2017, 09:15:17 AM

Quote from: 20kevin20 on February 11, 2017, 09:24:02 AM

Quote from: South Park on January 22, 2017, 11:59:14 AM

Quote from: ubitcoin on January 20, 2017, 12:15:38 AM

Last week, I won 87 EUR. I gambled on multiple sport betting, usually I prefer betting on soccer games and tennis, and I do put only 10 EUR. It's one of my best thing in the start of the this year 2017. Generally, I don't stake so much as the same time don't cross the barrier of 20 EUR.

One of the good things about sports betting is you can bet a low amount and if the odds are high you can earn a good amount by betting small, the only problem is to win those games with long odds may take a while.

The odds may be high, but the risk is still there and the match can go wrong. I tried to place only 3 bets in sports betting on my life and it didn't help me, I still lost. Be careful even with sports!

True!!! Not all sports betting, you can win.
Most of the time gambling or even that sports betting are more on luck, and sometimes even if you are good enough in analyzing that team, you can also lose here. Gambling is very risky and we don’t have any assurance here.

Thats why gambling isnt sure win . Even the odds of the team you pick is higher than the opponent theirs a chance of lossing. It is depending on your analyzation on a team where will you bet and on your luck too. Its hard to predict if the both teams are both good. The odds will have a chance to have odds thats the same.

Topic: Gambling loses and wins - page 28. (Read 25476 times)