Going all in and losing the bet | Bitcointalksearch.org

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Quote from: Jody.Drummer on May 04, 2024, 09:21:09 AM

Quote from: synchronym on May 04, 2024, 08:26:55 AM

Quote from: teamsherry on April 28, 2024, 07:30:34 AM

At times the best response to losing is to leave and let your head cool down a bit then try again it could be that you kept losing cause your mind has gotten clouded by emotions that you ard losing and I can even further make you lose more if you start trying to recover those loses which is the pitfall of gambling.

No matter how much we say that one should keep a cool head after losing in gambling, it is never possible to keep a cool head because if someone loses in a gambling game, his head will be under a lot of stress immediately after losing, due to which he will not be able to cool his head even if he wants to. But maybe those who are experts in gambling maybe they can keep their cool even after gambling loss maybe they are successful gamblers. But there are few who can keep a cool head after gambling losses. However, gambling is something that is constantly taking people into harm's way, so before gambling, we must consider how much gambling is harmful to us, so everyone should refrain from this type of gambling.

I would say that the people you mentioned are typical gamblers who come with the intention and purpose of earning while on the other hand they do not have the ability to accept the fact of losing which means that from the beginning they came and got involved in gambling with no proper understanding of how gambling actually is which eventually led them down the wrong path. Or I can also mention that they are irresponsible gamblers who only think about winning while when they lose they are unable to accept the situation, even though after all it all happened by their own decision but maybe it was not in their favor that made them lose.

I honestly can't say that those who are able to control everything well are experts but perhaps more precisely they are gamblers who have the right understanding of what gambling really is which makes them stay calm even though they lose this approach is what is always recommended to be applied in gambling, because after all gambling is always about winning and losing and winning is nothing more than a chance, while losing is always a sure thing.

Irresponsible gambling happens when people get too caught up in the fantasy of winning. You take some, you give some. That's the nature of the game. Anyone expecting only wins is setting themselves up for a hard fall. There's a way to find peace in this. See, the folks who truly "get" gambling, they don't just accept losses, they EXPECT them. They see ups AND downs as part of the deal. It's a mindset shift, and it's not just about gambling, it's about LIFE. You manage expectations, accept the hard knocks as lessons, and you'll come out stronger. That ain't just winning, that's growth: the kind of growth that sticks with you beyond any single game

Gaza13

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Quote from: entertheabyss on April 20, 2024, 05:03:49 PM

Always prepared yourself to acknowledge the risks and smooth running of the system. We have inner confidence, despite our losses, we would always keen on fighting back. Confidence is everything in gambling, it's always one step to accomplish straight targets and having the necessary points available on our ends. Going all in, the gambler should know the losses he can afford to take in and also having one of the solid strategies to implement in the space.

What you have to remember is, no matter how good a gambler is at gambling, he will not be able to fight the system built by the bookie. Even though a gambler has quite good skills. Basically, gambling doesn't make you richer, it actually makes you poorer. It would be wiser if you stop before you fall deeper into the gambling table. Maybe there have been many cases of people experiencing this, it's a good idea for you to learn from it. Maybe this life really requires money for daily living, but this method is very wrong, many people want to get instant money there. Don't waste your money on gambling.

Jody.Drummer

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Quote from: synchronym on May 04, 2024, 08:26:55 AM

Quote from: teamsherry on April 28, 2024, 07:30:34 AM

At times the best response to losing is to leave and let your head cool down a bit then try again it could be that you kept losing cause your mind has gotten clouded by emotions that you ard losing and I can even further make you lose more if you start trying to recover those loses which is the pitfall of gambling.

No matter how much we say that one should keep a cool head after losing in gambling, it is never possible to keep a cool head because if someone loses in a gambling game, his head will be under a lot of stress immediately after losing, due to which he will not be able to cool his head even if he wants to. But maybe those who are experts in gambling maybe they can keep their cool even after gambling loss maybe they are successful gamblers. But there are few who can keep a cool head after gambling losses. However, gambling is something that is constantly taking people into harm's way, so before gambling, we must consider how much gambling is harmful to us, so everyone should refrain from this type of gambling.

I would say that the people you mentioned are typical gamblers who come with the intention and purpose of earning while on the other hand they do not have the ability to accept the fact of losing which means that from the beginning they came and got involved in gambling with no proper understanding of how gambling actually is which eventually led them down the wrong path. Or I can also mention that they are irresponsible gamblers who only think about winning while when they lose they are unable to accept the situation, even though after all it all happened by their own decision but maybe it was not in their favor that made them lose.

I honestly can't say that those who are able to control everything well are experts but perhaps more precisely they are gamblers who have the right understanding of what gambling really is which makes them stay calm even though they lose this approach is what is always recommended to be applied in gambling, because after all gambling is always about winning and losing and winning is nothing more than a chance, while losing is always a sure thing.

synchronym

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Quote from: teamsherry on April 28, 2024, 07:30:34 AM

At times the best response to losing is to leave and let your head cool down a bit then try again it could be that you kept losing cause your mind has gotten clouded by emotions that you ard losing and I can even further make you lose more if you start trying to recover those loses which is the pitfall of gambling.

No matter how much we say that one should keep a cool head after losing in gambling, it is never possible to keep a cool head because if someone loses in a gambling game, his head will be under a lot of stress immediately after losing, due to which he will not be able to cool his head even if he wants to. But maybe those who are experts in gambling maybe they can keep their cool even after gambling loss maybe they are successful gamblers. But there are few who can keep a cool head after gambling losses. However, gambling is something that is constantly taking people into harm's way, so before gambling, we must consider how much gambling is harmful to us, so everyone should refrain from this type of gambling.

Betwrong

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Quote from: summonerrk on April 25, 2024, 08:02:14 AM

Quote from: Betwrong on April 25, 2024, 05:41:29 AM

~Rather I think "I was lucky this time and let's not test our luck further."

And this is the most correct approach to gambling winnings.

Yeah, you bet. When I was young, I had some friends with this crazy 'it's my lucky day!' way of thinking. To be honest, none of them ended up well.

Quote from: summonerrk on April 25, 2024, 08:02:14 AM

Those who begin to believe in luck and that fortune chooses the lucky one are mistaken. In fact, all events in the field of gambling should be regarded as mathematics: there are certain chances of winning, there are certain chances of losing. And of course there will be a person who will be lucky, maybe even twice. History knows such cases: the lucky ones who won the Jackpot twice. But this is not the will of the Gods or anything else, this is ordinary mathematics.

And we shouldn't forget that we can be unlucky two times in a row too. Just yesterday I was taking part in one pretty unusual dice competition on CryptoGames that described itself as "Lose to win! Lose two consecutive bets with 1.02x payout to be rewarded." So, basically you needed to lose with 97% win chance two times in a row. I succeeded in that:

But it was tough, I must say.

Blitzboy

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Quote from: lixer on April 28, 2024, 06:53:23 AM

Quote from: summonerrk on April 25, 2024, 08:02:14 AM

Quote from: Betwrong on April 25, 2024, 05:41:29 AM

I'd say, if you keep playing after winning a good amount, it's similar to going all-in in a way. I mean, you put all your balance at risk then and else should we call that? I usually stop for the day after a good win. I never think something like "It's my lucky day! I should keep playing!", never. Rather I think "I was lucky this time and let's not test our luck further."

And this is the most correct approach to gambling winnings. Those who begin to believe in luck and that fortune chooses the lucky one are mistaken. In fact, all events in the field of gambling should be regarded as mathematics: there are certain chances of winning, there are certain chances of losing. And of course there will be a person who will be lucky, maybe even twice. History knows such cases: the lucky ones who won the Jackpot twice. But this is not the will of the Gods or anything else, this is ordinary mathematics.

I don't think it's a mistake but that was actually correct. They can't be lucky if they are not the chosen one. You mentioned mathematics there and this reminds me of the thread that I read (I think it was) yesterday where they also talk about mathematics in gambling. That was true as well.

We don't need to be math wizard to play gambling but having that kind of skill in this subject is an advantage. There are even lottery bettors who are good at math and they calculate each possibility to win which made them to become a winner not only once but a couple of times. As we said earlier, luck is also involved here and this defies the maths that entails in gambling.

Knowing your gaming odds is wise. The numbers are real, and those lottery winners who solved the code? I swear they're the finest. They prove smarts can get you ahead. However, not everyone is a math genius, which is good. Everyone should enjoy gambling, not just Einsteins. The excitement of the unknown, the surge of risk-taking. Finding the right skill-luck combination.

Gambling's primary appeal is the unexpected. You can know everything, but sometimes you have to trust your intuition. The best moments are when you overcome odds. Gambling is about taking risks and believing in yourself when others dont. The real thrill is there.

Natsuu

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Quote from: Text on March 28, 2024, 11:42:29 PM

It's natural to question the fairness of the game because we can verify if it's a provably fair game. This is the nature of gambling, where even with minimal possibilities, there's always a chance of unexpected outcomes; it's all about probabilities and luck. Sometimes luck just doesn't swing our way, and it can be disappointing. But we wouldn't feel that at all if our approach to what we're playing is with a mindset of entertainment rather than expecting to always win. Losing is part of the experience, but what matters most is how we handle them. Take it as a learning experience, and maybe next time, you'll have better luck.

Where's the learning in that if next time you still rely on your luck eh? I think betting it all in is not a good practice. Because going all in won't make you last in the game. So that if you last in the game, you play the probability game. In probability game of gambling, you have an edge, you just need to play until you get out of breakeven stage and then you stop once you hit your money target. This way you create your own luck and it's working on your behalf.

teamsherry

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At times the best response to losing is to leave and let your head cool down a bit then try again it could be that you kept losing cause your mind has gotten clouded by emotions that you ard losing and I can even further make you lose more if you start trying to recover those loses which is the pitfall of gambling.

lixer

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Quote from: summonerrk on April 25, 2024, 08:02:14 AM

Quote from: Betwrong on April 25, 2024, 05:41:29 AM

I'd say, if you keep playing after winning a good amount, it's similar to going all-in in a way. I mean, you put all your balance at risk then and else should we call that? I usually stop for the day after a good win. I never think something like "It's my lucky day! I should keep playing!", never. Rather I think "I was lucky this time and let's not test our luck further."

And this is the most correct approach to gambling winnings. Those who begin to believe in luck and that fortune chooses the lucky one are mistaken. In fact, all events in the field of gambling should be regarded as mathematics: there are certain chances of winning, there are certain chances of losing. And of course there will be a person who will be lucky, maybe even twice. History knows such cases: the lucky ones who won the Jackpot twice. But this is not the will of the Gods or anything else, this is ordinary mathematics.

I don't think it's a mistake but that was actually correct. They can't be lucky if they are not the chosen one. You mentioned mathematics there and this reminds me of the thread that I read (I think it was) yesterday where they also talk about mathematics in gambling. That was true as well.

We don't need to be math wizard to play gambling but having that kind of skill in this subject is an advantage. There are even lottery bettors who are good at math and they calculate each possibility to win which made them to become a winner not only once but a couple of times. As we said earlier, luck is also involved here and this defies the maths that entails in gambling.

usekevin

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Quote from: Fatunad on April 24, 2024, 03:48:07 PM

The main issue on here is that when someone do fails up on controlling specially their emotions on which on the time that you would really be able to suffer those kind of losing condition or situation then those
plans or gambling etiquettes that you have set earlier would really be totally off railed on the time that emotion would really be kicking in.Yes, you would be thinking that you should be having that kind of good bankroll handling but on the time that you do snap yourself because of too much losing streak condition then you would really be totally forgetting those things and would really be that doing on the things that musnt do
when playing gambling. You would of course be considering on having that all in bet on the time that you do drop your bankroll on 20-30% left on which you would be having those thoughts that
you might be able to breakeven or could cover up those loses if that last all in bet would be a win but of course its a do or die thing.

The gambler who want to control the emotions in the gambling site was merely not possible one.Because if the gambler had the winning he will have enough money to play the further game,if they already in the loss how it’s possible to play further.The only possible way after the loss will be the game with the loan money.But the loan with the gambling will leads to the loss again,the reason is the gambling will be made with the emotion because of the loan money.Every bet made by the gambler with the panic of not being loss their money again to the same gambling site.

The gambler should use of 20-30% of the savings to the gambling,So he will not affected by any financial problems.Every gambler who play the full saving money to the gambling will leads to the depression caused by the gambling losses.If they had won the game,it wouldn’t affect the gambler financial independence.Panic betting because of loan money will make huge impact in the game.

Fredomago

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Quote from: Betwrong on April 25, 2024, 05:41:29 AM

Quote from: Fredomago on April 18, 2024, 08:05:43 AM

Quote from: Betwrong on April 18, 2024, 07:40:17 AM

~

That hope that keeps you engage with the house, thinking that luck might be there somewhere and help us to cash out decent amount from the casino, though even how hard we try most of the time the outcome is not favoring our side, but, gambler always a gambler to the point that they will Yolo all in and try that luck whenever they've got that chance.

The outcome may always be depends from how lucky you are after that spin, though there are times that it's also being wreck by the decision making that we take, as if the chance to win was there but you choose to push forward instead of quitting after the result, ending it up losing it back to the house.

I'd say, if you keep playing after winning a good amount, it's similar to going all-in in a way. I mean, you put all your balance at risk then and else should we call that? I usually stop for the day after a good win. I never think something like "It's my lucky day! I should keep playing!", never. Rather I think "I was lucky this time and let's not test our luck further."

Good deal for sure, if you have that control inside you then enjoying your profits will be your way of celebrating it, just like what you said if you push for more and aim to win more, chances that you will just bring that money back into the house, as the longer you play the higher chance that you may then experienced losing streaks,

situation that will going to push you to be more aggressive and will lead you losing everything and instead of having that fortune to quit with decent amount, it will be change by regret as you will mostly experienced defeats if you didn't stop while you still got that chance to stop.

synchronym

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Quote from: summonerrk on April 25, 2024, 08:02:14 AM

Quote from: Betwrong on April 25, 2024, 05:41:29 AM

Quote from: Fredomago on April 18, 2024, 08:05:43 AM

Quote from: Betwrong on April 18, 2024, 07:40:17 AM

~

That hope that keeps you engage with the house, thinking that luck might be there somewhere and help us to cash out decent amount from the casino, though even how hard we try most of the time the outcome is not favoring our side, but, gambler always a gambler to the point that they will Yolo all in and try that luck whenever they've got that chance.

The outcome may always be depends from how lucky you are after that spin, though there are times that it's also being wreck by the decision making that we take, as if the chance to win was there but you choose to push forward instead of quitting after the result, ending it up losing it back to the house.

I'd say, if you keep playing after winning a good amount, it's similar to going all-in in a way. I mean, you put all your balance at risk then and else should we call that? I usually stop for the day after a good win. I never think something like "It's my lucky day! I should keep playing!", never. Rather I think "I was lucky this time and let's not test our luck further."

And this is the most correct approach to gambling winnings. Those who begin to believe in luck and that fortune chooses the lucky one are mistaken. In fact, all events in the field of gambling should be regarded as mathematics: there are certain chances of winning, there are certain chances of losing. And of course there will be a person who will be lucky, maybe even twice. History knows such cases: the lucky ones who won the Jackpot twice. But this is not the will of the Gods or anything else, this is ordinary mathematics.

People who get money once by gambling may get addicted to playing more and more and they try to gamble again and again so that they can win then they blame luck when they fail to get money through gambling profit joa. But gambling can never make one's life beautiful and enriching. Of course, gambling is fun. At some point when one becomes completely addicted to gambling, bad times will come in one's life. But gambling is never right to become an addiction because of this his family faces a lot of problems through gambling and his cash is wasted so never blame the luck and stop gambling based on reality so that they can build their next life.

summonerrk

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Quote from: Betwrong on April 25, 2024, 05:41:29 AM

Quote from: Fredomago on April 18, 2024, 08:05:43 AM

Quote from: Betwrong on April 18, 2024, 07:40:17 AM

~

That hope that keeps you engage with the house, thinking that luck might be there somewhere and help us to cash out decent amount from the casino, though even how hard we try most of the time the outcome is not favoring our side, but, gambler always a gambler to the point that they will Yolo all in and try that luck whenever they've got that chance.

The outcome may always be depends from how lucky you are after that spin, though there are times that it's also being wreck by the decision making that we take, as if the chance to win was there but you choose to push forward instead of quitting after the result, ending it up losing it back to the house.

I'd say, if you keep playing after winning a good amount, it's similar to going all-in in a way. I mean, you put all your balance at risk then and else should we call that? I usually stop for the day after a good win. I never think something like "It's my lucky day! I should keep playing!", never. Rather I think "I was lucky this time and let's not test our luck further."

And this is the most correct approach to gambling winnings. Those who begin to believe in luck and that fortune chooses the lucky one are mistaken. In fact, all events in the field of gambling should be regarded as mathematics: there are certain chances of winning, there are certain chances of losing. And of course there will be a person who will be lucky, maybe even twice. History knows such cases: the lucky ones who won the Jackpot twice. But this is not the will of the Gods or anything else, this is ordinary mathematics.

Mr. Magkaisa

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Quote from: libert19 on March 28, 2024, 11:17:34 PM

I was just playing Hi-Lo, making small dollar bets, if it's 5 number card I select higher card and win, if it's 10 number then I go with 'low' and win.

Then I was greeted with Ace card, minimal possibility for equal card right (i.e, Ace), so I go all in, and guess what happens, the result is Ace means I lost the bet.

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.

- I also experienced that before, but it only happened to me once, and I didn't do it again. I also regretted it. So after such incidents, I always thought that my intention was just for fun; why would I gamble? Because I noticed that when you don't expect to win, you win.

And when you expect that you will get lucky today playing gambling, you will never win. This is what often happens to gamblers, although to others they are actually lucky. and sometimes those gamblers who who do this is really depending on luck.

Betwrong

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Quote from: Fredomago on April 18, 2024, 08:05:43 AM

Quote from: Betwrong on April 18, 2024, 07:40:17 AM

~

That hope that keeps you engage with the house, thinking that luck might be there somewhere and help us to cash out decent amount from the casino, though even how hard we try most of the time the outcome is not favoring our side, but, gambler always a gambler to the point that they will Yolo all in and try that luck whenever they've got that chance.

The outcome may always be depends from how lucky you are after that spin, though there are times that it's also being wreck by the decision making that we take, as if the chance to win was there but you choose to push forward instead of quitting after the result, ending it up losing it back to the house.

I'd say, if you keep playing after winning a good amount, it's similar to going all-in in a way. I mean, you put all your balance at risk then and else should we call that? I usually stop for the day after a good win. I never think something like "It's my lucky day! I should keep playing!", never. Rather I think "I was lucky this time and let's not test our luck further."

danadc

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Quote from: Zigabel on April 24, 2024, 08:48:29 AM

Consistent winnings in small amounts can actually accumulate into a big sum of money in the nearest future but then you aught to be consistent so you don't get to loose your money while trying to win some money. Gambling responsibly helps a lot to keep your money safe and aswell still be able to have what to fall back to Incase you suffer losses.

I am one of those who think that small profits are a thousand times better than winning or trying to win a lot of money, because small profits are cumulative, they are there in a hidden way, but the idea is that they are there accumulating everything. At the same time, that does happen because I believe that things are being done well, otherwise, it is something that does not make much sense, because I see that many who always seek to have large profits, what they do is bet a lot of money. and they take risks and get nothing, so sometimes spending a lot of money means going blank and that can be a very bad thing, for the player, for the game, for their private economy.

Gaming is one of the things that all players can do, but we must be very Aware of it.

Fatunad

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Quote from: Zigabel on April 24, 2024, 08:48:29 AM

Quote from: Franctoshi on April 20, 2024, 04:08:52 PM

I have learned not to go way above my budget due to such experience I have had in gambling, Just stick to what you are capable of losing each time and this is something we shouldn't disregard because, it usually not go well whenever we try to risk higher amount of money, Therefore, it Is better winning small and it consistent than increasing the amount because of greed and we never have chance of winning.

This is a very good advice for most gamblers especially if they are gambling on a limited bankroll because if you are not guided by a budget, you are most definitely going to loose all ur funds and become bankrupt of which I'm sure most gamblers wouldn't want to get to that point of bankrupt, placing amounts you are cable of loosing without having to regret much is actually a really good step to not getting emotional gambling and gambling responsibly because if you eventually start to place huge bets due to greed, you reduce your chances of winning and increase your chances of loosing.

Consistent winnings in small amounts can actually accumulate into a big sum of money in the nearest future but then you aught to be consistent so you don't get to loose your money while trying to win some money. Gambling responsibly helps a lot to keep your money safe and aswell still be able to have what to fall back to Incase you suffer losses.

The main issue on here is that when someone do fails up on controlling specially their emotions on which on the time that you would really be able to suffer those kind of losing condition or situation then those
plans or gambling etiquettes that you have set earlier would really be totally off railed on the time that emotion would really be kicking in.Yes, you would be thinking that you should be having that kind of good bankroll handling but on the time that you do snap yourself because of too much losing streak condition then you would really be totally forgetting those things and would really be that doing on the things that musnt do
when playing gambling. You would of course be considering on having that all in bet on the time that you do drop your bankroll on 20-30% left on which you would be having those thoughts that
you might be able to breakeven or could cover up those loses if that last all in bet would be a win but of course its a do or die thing.

rachael9385

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Quote from: Unbunplease on April 20, 2024, 01:09:11 PM

Of course, players often have to fight the temptation to put everything at stake, especially if the winnings come gradually and in small amounts. But often "all-in" is unjustified - just because it feels like it. To go "all-in", you need more than just a desire - you need at least inner confidence

Absolutely right, the temptation of staking high just to win big is quite too much as everyone who's gambling wants to win big money from gamble, especially those that feels gamble can be a life changing job for them. Going all in and losing everything can still cause one to chase their losses. Yeah "all-in" is unjustified" because there always a higher level of risk and little guarantee on it. A gambler might know he's not going to win but will like to keep that thought of losing behind because he wants to take the big risk that might either return positive or negative for him.

LUCKMCFLY

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Quote from: Hamphser on April 20, 2024, 12:53:03 PM

This is why it would really be better that you should really be that having that realistic approach if you do really get involved with gambling. Dont make yourself that too hopeful on positive
outcomes on which we know that in gambling it would really be something that everything which is random.

Well when I talk about the positive, or that one as a player must be positive because we cannot enter with a losing attitude, because the casino can also make us win, if we are lucky, or it is our good day because we can win. In this case we should not be people who accept things as they are, so of course, if we have negative attitudes in the casino I think it is very difficult to obtain good results, I have been a very witness in my own case. where I do sit down to play and I'm upset, or I don't have enthusiasm, I lose, I don't know why, but that influences me a lot, I have to play happily because if I lose emotionally I win' It no longer affects me, for me that is the solution and that's why it's okay Sometimes he says you have to have a positive attitude.

Zigabel

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Quote from: Franctoshi on April 20, 2024, 04:08:52 PM

I have learned not to go way above my budget due to such experience I have had in gambling, Just stick to what you are capable of losing each time and this is something we shouldn't disregard because, it usually not go well whenever we try to risk higher amount of money, Therefore, it Is better winning small and it consistent than increasing the amount because of greed and we never have chance of winning.

This is a very good advice for most gamblers especially if they are gambling on a limited bankroll because if you are not guided by a budget, you are most definitely going to loose all ur funds and become bankrupt of which I'm sure most gamblers wouldn't want to get to that point of bankrupt, placing amounts you are cable of loosing without having to regret much is actually a really good step to not getting emotional gambling and gambling responsibly because if you eventually start to place huge bets due to greed, you reduce your chances of winning and increase your chances of loosing.

Consistent winnings in small amounts can actually accumulate into a big sum of money in the nearest future but then you aught to be consistent so you don't get to loose your money while trying to win some money. Gambling responsibly helps a lot to keep your money safe and aswell still be able to have what to fall back to Incase you suffer losses.

Topic: Going all in and losing the bet (Read 2182 times)