Gambling loses and wins - page 8. | Bitcointalksearch.org

crwth

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Quote from: matchi2011 on November 04, 2017, 06:38:40 AM

Quote from: butrsukumpanumet on November 03, 2017, 03:50:48 PM

Quote from: Cointertrade on November 03, 2017, 08:45:23 AM

Yes you have only two choices its either you lose or you win. But if you lack skills and knowledge about that certain gambling you will lose a lot. So it is better for you to gamble if you the skills to win every game so that you can gain more profit.

To be honest, not much gamlers have more win than lose. Even with gamblers have more win than lose , their profit still was minus. Because the amount on bet of them are not the same. Usually big lose and small win. So the most important thing in gambling is win big and lose small.

I agree. I don't see the reasoning behind many gamblers who still prefer to risk their hard earned money even when they're not getting good results. You're right that for most gamblers, the ratio of win/loss isn't even 50/50. Losing is more likely to happen to someone than winning

Maybe they are the thpe of people who prefer to see the positive side in everything and not care at all with their current situation. It might not be the best position for people but it is surely that we all want to win. The 50/50 part is only for half chance, it depends on how hard or high risk your bet is.

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Quote from: butrsukumpanumet on November 03, 2017, 03:50:48 PM

Quote from: Cointertrade on November 03, 2017, 08:45:23 AM

Yes you have only two choices its either you lose or you win. But if you lack skills and knowledge about that certain gambling you will lose a lot. So it is better for you to gamble if you the skills to win every game so that you can gain more profit.

To be honest, not much gamlers have more win than lose. Even with gamblers have more win than lose , their profit still was minus. Because the amount on bet of them are not the same. Usually big lose and small win. So the most important thing in gambling is win big and lose small.

I agree. I don't see the reasoning behind many gamblers who still prefer to risk their hard earned money even when they're not getting good results. You're right that for most gamblers, the ratio of win/loss isn't even 50/50. Losing is more likely to happen to someone than winning

butrsukumpanumet

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Quote from: Cointertrade on November 03, 2017, 08:45:23 AM

Yes you have only two choices its either you lose or you win. But if you lack skills and knowledge about that certain gambling you will lose a lot. So it is better for you to gamble if you the skills to win every game so that you can gain more profit.

To be honest, not much gamlers have more win than lose. Even with gamblers have more win than lose , their profit still was minus. Because the amount on bet of them are not the same. Usually big lose and small win. So the most important thing in gambling is win big and lose small.

JL421

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Quote from: treather on October 28, 2017, 01:52:25 PM

To be honest, i have wasted a fortune on gambling and I probably would lose some more sadly. Living with the hope that one of these days, my number gets announced in the lottery office.

Its completely fine most of us around here have lost a lot in gambling but nothing really can be done it is past it is gone the best thing to do is what you should do next and that is don't gamble and control you will surely realize the importance of that money

Qartersa

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Quote from: Gotottack on November 03, 2017, 12:20:49 PM

On this subject, I think how big your wins and losses are in Bitcoin gambling depends on how you look at things AND your financial capacity. You will know if you have won so much when your asset increased in no time, meaning, your money substantially increased in a small amount of time thereby making you profit big time. On the other hand, you will know you have lost so much when you are no longer earning, and in fact, your liabilities are slowly becoming greater than your assets. All these largely depends on how much money you have, and how much losses you are willing to risk to gain back what you have lost.

I absolutely agree. Looking on another perspective, there are pros and cons in trying to get back what you have lost. A pro would be when you are able to get the value of money you have initially invested and the interests accrued, thereby, a return on investment have been put to rest. On the other side of the coin, a con would be dealing with another loss -- but this time around, with a much bigger loss thereby negativing your assets. In gambling, it is either black or white; there are no shades of gray, as they say. It is business but in a stronger sense, a business that involves winning and/or losing money with just a blink of an eye.

Gotottack

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On this subject, I think how big your wins and losses are in Bitcoin gambling depends on how you look at things AND your financial capacity. You will know if you have won so much when your asset increased in no time, meaning, your money substantially increased in a small amount of time thereby making you profit big time. On the other hand, you will know you have lost so much when you are no longer earning, and in fact, your liabilities are slowly becoming greater than your assets. All these largely depends on how much money you have, and how much losses you are willing to risk to gain back what you have lost.

JL421

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Quote from: moooonu on October 21, 2017, 04:29:15 AM

Lost about more than 17 btc in total since I started gambling. But there were a few times when I made a handsome amount of money from just a couple of 100k Satoshi.

17 bitcoins wow i mean how are you even living with this that's worth like 100000$ or even more as bitcoin continues to grow. You surely need to do something to control your addiction it can hit you hard one day it's better you ask you loved ones to help you control otherwise it will be late

Cointertrade

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Yes you have only two choices its either you lose or you win. But if you lack skills and knowledge about that certain gambling you will lose a lot. So it is better for you to gamble if you the skills to win every game so that you can gain more profit.

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Quote from: Sale_man on October 31, 2017, 07:18:40 AM

I think my losses are a bit bigger than my wins and most of us gamblers loose money more than we win. I believe it's a normal thing for a regular gambler. You can't always be lucky. The fact that my losses are bigger than my profits does not bother me that much because i play for fun.

You're not the only one that's experiencing it. Me too I've got more than losses than my winnings and I'm not afraid to tell about it since that's the life of gambling, sometimes you win and sometimes you lose. If luckily you can win more than for a day and if without luck, we can even lose more of our salaries.

michkima

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Quote from: imteaz on October 31, 2017, 01:46:33 PM

in a reality, in long term you will lose more than you'll win. Only smart people stop gambling at certain point , when they are up, if you can control your emotion at that point, you will do good in gambling, be it at poker, slots, or sports betting.

That is why it is hard to gamble for profits. People think they can win and they end up losing more. People that think they can profit from gambling try and try to multiply their money and don't get satisfied about their winnings. The reason is that they think it is a business and that it is something they can profit from. A business generates a stable and consistent income whilst gambling does not do this. That is why somethings I am really puzzled about these kinds of people.

imteaz

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in a reality, in long term you will lose more than you'll win. Only smart people stop gambling at certain point , when they are up, if you can control your emotion at that point, you will do good in gambling, be it at poker, slots, or sports betting.

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Quote from: RealPhotoshoper on October 31, 2017, 12:53:47 PM

People who gamble will never accept loses , they only want to win right? .
And that is a wrong thought really , the thought like that come from your greedy indeed .
No wonder there's a lot of people keep playing even though you have achieved more loses. It is not normal in general but really normal in gambling.

Not everyone is like that because I can convince you that I am different. The people that only play for fun like me doesnt really care if we win or lose because the main point is not about winning and getting alot of money but to be having fun. If you are not playing for fun then you are not really going to understand what it means to play for fun

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Quote from: logicgate on October 29, 2017, 11:20:07 AM

Quote from: Manchumichael on October 28, 2017, 11:01:50 AM

Quote from: jamyr on October 27, 2017, 09:31:46 PM

Quote from: blazecygnus on October 26, 2017, 01:56:56 PM

Mostly people can have more loses than wins but some have more wins than loses. But the problem is even they're having wins more than loses but after all their balance is still minus . Why ? Because they won small bet and lose big bet. That's the problem .

THere are more people who lost more than those who have won. Probably because those people who won more are those who can limit themselves properly better than those who lost more.

Why they lost more then what they earn in gambling means they all are addicted gamblers and also they can't control their greediness in gambling because of this reason i thin they lost their money.

Greed is curse, we all read in our school and that is only the reason for all gamblers. Whatever they told you about why they got into it and why they became addict, still everything comes toward the only sole reason, the greed of money. They win once, there amount is tripled and even more, greed just showed up and they play again. They loss and they play again to get more.

People who gamble will never accept loses , they only want to win right? .
And that is a wrong thought really , the thought like that come from your greedy indeed .
No wonder there's a lot of people keep playing even though you have achieved more loses. It is not normal in general but really normal in gambling.

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Quote from: rodskee on October 28, 2017, 12:21:59 PM

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 ?

i can't count the losses while i'm playing gambling before but the winning i get not enough to recover my losses so far i decide stop playing gambling maybe i will play again if i have more strategy and try to set a limitation to avoid more losses.

The good thing to do or a good strategy here is never gamble again. You set limitation, you plan a strategy, but you are still losing. Every time you gamble, there is no way you are always winning, so you set limitations, to reduce your losss, but you don't know that you are still losing big time if you combine all of the losses you are gaining.

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Quote from: chris200x9 on October 31, 2017, 08:07:26 AM

Quote from: Sale_man on October 31, 2017, 07:18:40 AM

I think my losses are a bit bigger than my wins and most of us gamblers loose money more than we win. I believe it's a normal thing for a regular gambler. You can't always be lucky. The fact that my losses are bigger than my profits does not bother me that much because i play for fun.

Yes, gambling losses most of the time higher than wins because you can't be lucky every day and if everyone can win every time they gamble then you will not find any gambling houses. These gambling houses want to make a profit for themselves and they didn't open this business to distribute money to gamblers. If we understand this part then we will not expect always profit from gambling.

Right the gambling is fun for players, but it is a business for owners. No owers will do business to distribute their money to there customers. They just show us less house edge to attract players but the end of the day the house owners will make a huge profit we will go home with an empty pocket.

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Quote from: Sale_man on October 31, 2017, 07:18:40 AM

I think my losses are a bit bigger than my wins and most of us gamblers loose money more than we win. I believe it's a normal thing for a regular gambler. You can't always be lucky. The fact that my losses are bigger than my profits does not bother me that much because i play for fun.

Yes, gambling losses most of the time higher than wins because you can't be lucky every day and if everyone can win every time they gamble then you will not find any gambling houses. These gambling houses want to make a profit for themselves and they didn't open this business to distribute money to gamblers. If we understand this part then we will not expect always profit from gambling.

Sale_man

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I think my losses are a bit bigger than my wins and most of us gamblers loose money more than we win. I believe it's a normal thing for a regular gambler. You can't always be lucky. The fact that my losses are bigger than my profits does not bother me that much because i play for fun.

logicgate

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Quote from: Manchumichael on October 28, 2017, 11:01:50 AM

Quote from: jamyr on October 27, 2017, 09:31:46 PM

Quote from: blazecygnus on October 26, 2017, 01:56:56 PM

Mostly people can have more loses than wins but some have more wins than loses. But the problem is even they're having wins more than loses but after all their balance is still minus . Why ? Because they won small bet and lose big bet. That's the problem .

THere are more people who lost more than those who have won. Probably because those people who won more are those who can limit themselves properly better than those who lost more.

Why they lost more then what they earn in gambling means they all are addicted gamblers and also they can't control their greediness in gambling because of this reason i thin they lost their money.

Greed is curse, we all read in our school and that is only the reason for all gamblers. Whatever they told you about why they got into it and why they became addict, still everything comes toward the only sole reason, the greed of money. They win once, there amount is tripled and even more, greed just showed up and they play again. They loss and they play again to get more.

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Quote from: Manchumichael on October 28, 2017, 11:01:50 AM

Quote from: jamyr on October 27, 2017, 09:31:46 PM

Quote from: blazecygnus on October 26, 2017, 01:56:56 PM

Mostly people can have more loses than wins but some have more wins than loses. But the problem is even they're having wins more than loses but after all their balance is still minus . Why ? Because they won small bet and lose big bet. That's the problem .

THere are more people who lost more than those who have won. Probably because those people who won more are those who can limit themselves properly better than those who lost more.

Why they lost more then what they earn in gambling means they all are addicted gamblers and also they can't control their greediness in gambling because of this reason i thin they lost their money.

even when you have full control over your emotion and calculate every single winnings and losses you have received i think it would remain same , you get less win and the rest of it just loses. the law of gambling actually like this : you should never think about making profit , just have fun there and walk away no matter what happened.

jamyr

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Quote from: treather on October 28, 2017, 01:52:25 PM

To be honest, i have wasted a fortune on gambling and I probably would lose some more sadly. Living with the hope that one of these days, my number gets announced in the lottery office.

I feel sorry for you but at the same time, I find you not making sense here. If you know that you probably would be losing more in the future why do it? I can't blame you though hoping to get your numbers announced because I do the same.

Topic: Gambling loses and wins - page 8. (Read 25474 times)