Going all in and losing the bet | Bitcointalksearch.org

Betwrong

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Quote from: pinggoki on May 17, 2024, 10:51:40 PM

Even if it's rigged as you'd like to think it is, remember that you're still stacked unfavorably against the odds so I'm not sure how you'd be able to anticipate it, I mean that's what happens with gambling, you think that the casino or the game is rigged and you feel like there's someone behind your back that's conspiring against but it's just the way that it is, you could've never known any better regarding the outcome, that was already the smartest move that you can do in that situation, it's just that you've meet the probability of similar cards. I too would've done the same thing if I were in that position because I know that there's no way it can ever be different right? Gambling is a game of risk and taking chances, you wouldn't be getting far in gambling if you're not aware of that fact.

Firstly, the game could be rigged in the place OP was playing it. There are tons of rigged games in unregulated casinos around the world, and, I think it will be like that always. What can I say? Don't go to such places, ever. If you want to have fun with gambling, go either to large luxurious land-based casinos or go to established online casinos, where nothing is rigged.

Secondly, what do you mean by "getting far in gambling"? It sounds like if he knew that "gambling is a game of risk", he could somehow regularly make money through it.

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Quote from: AbuBhakar on May 17, 2024, 11:30:12 AM

Quote from: Shamm on May 17, 2024, 11:26:20 AM

betting bigger is actually made as more emotional cause is we think out of our money involve in our play so palpitation in heart will began. anyways its up to us gamblers if we gonna bet higher or not but we must always remember that in the world of gambling we must thing that we are not always the winner.

Correct, most of the gambler nowadays deposit an amount of money without even considering if they can afford to lose it because they are aiming to get a profit proportional to what they deposit. A higher deposit they think a higher profit potential due to high bets.

This is the part which your comment plays. Gamblers usually doesn’t afford to lose when they are using huge bets, they are just push to bet big due to adrenaline and greed at the same time that’s why many players keeps losing when they are already on this state because they can’t control their bet anymore.

If they can't pay attention to how much they have lost and still deposit money to continue gambling, they could lose more money. If that happens, they will be even more eager to recover their losses, making them experience even bigger losses. A gambler must behave wisely when playing gambling to avoid more losses. It is not a good idea if they decide to bet all in. That will only accelerate losing his money without having a great chance of winning. We know that gambling games are just to entertain ourselves in our spare time and that is why it is still difficult for us to win from gambling.

pinggoki

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Even if it's rigged as you'd like to think it is, remember that you're still stacked unfavorably against the odds so I'm not sure how you'd be able to anticipate it, I mean that's what happens with gambling, you think that the casino or the game is rigged and you feel like there's someone behind your back that's conspiring against but it's just the way that it is, you could've never known any better regarding the outcome, that was already the smartest move that you can do in that situation, it's just that you've meet the probability of similar cards. I too would've done the same thing if I were in that position because I know that there's no way it can ever be different right? Gambling is a game of risk and taking chances, you wouldn't be getting far in gambling if you're not aware of that fact.

synchronym

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Quote from: Shamm on May 17, 2024, 11:26:20 AM

Quote from: adpinbr on May 15, 2024, 07:39:50 PM

I prefer going small because it is risk when stake high and it even becomes more emotional and you will be worried a lot and during that process you may not get back yourself because you stake high, it is always a risky but we still need to participate on it because give you some level of understanding and on how to play higher games. I like Stalin with big amounts but with some strategy

gambling is too risky and it will get more thrilled once we are actually in the middle of our play cause there's a chance that we will win or not in the game. betting bigger is actually made as more emotional cause is we think out of our money involve in our play so palpitation in heart will began. anyways its up to us gamblers if we gonna bet higher or not but we must always remember that in the world of gambling we must thing that we are not always the winner.

Of course, gambling is a risk, keeping in mind the risk, many people play gambling as a joke. At one time, they become addicted to gambling and find that they cannot get out of this addiction. However, gambling addicts once they win money by gambling, their confidence increases so much that they think that I can win money if I win twice as much. In gambling, a gambler who can play gambling with a cool head can certainly win a huge amount of money in gambling. Once he loses money, he cannot control his head. He will never be successful in gambling.

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Quote from: danadc on May 17, 2024, 12:18:38 PM

Quote from: AbuBhakar on May 17, 2024, 11:30:12 AM

Quote from: Shamm on May 17, 2024, 11:26:20 AM

betting bigger is actually made as more emotional cause is we think out of our money involve in our play so palpitation in heart will began. anyways its up to us gamblers if we gonna bet higher or not but we must always remember that in the world of gambling we must thing that we are not always the winner.

Correct, most of the gambler nowadays deposit an amount of money without even considering if they can afford to lose it because they are aiming to get a profit proportional to what they deposit. A higher deposit they think a higher profit potential due to high bets.

This is the part which your comment plays. Gamblers usually doesn’t afford to lose when they are using huge bets, they are just push to bet big due to adrenaline and greed at the same time that’s why many players keeps losing when they are already on this state because they can’t control their bet anymore.

For me the deposit does not have much to do with it, it is the person who has to do things according to how they can make their bets well, if the person deposits little money, but they make it grow because they are lucky, it does not get bad every time who loses and knows how to manage his money well, two things can happen, the first is that he loses everything, the second is that with few profits he starts adding money, that is the main thing that can be done, I think that things are like that, and it is not because Whether you have more money or less money, if there is more money, you can bet more but the risk is greater, there must always be self-control.

Still ends up with how the person controls his emotions, both side are true not because of the deposit amount but it affects when adrenaline push you and lead you to keep trying and the worse is pushing you to put huge weights of bets and unable to accept that mistake when the outcome turned against you, it's better in my opinion to deposit only the amount that you can afford to lose as you can exit without any hesitation once you already consumed everything, unlike with trying to control which most of the time brings problem to you as even most can't admit it but we have a butt-head when dealing with gambling.

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Quote from: AbuBhakar on May 17, 2024, 11:30:12 AM

Quote from: Shamm on May 17, 2024, 11:26:20 AM

betting bigger is actually made as more emotional cause is we think out of our money involve in our play so palpitation in heart will began. anyways its up to us gamblers if we gonna bet higher or not but we must always remember that in the world of gambling we must thing that we are not always the winner.

Correct, most of the gambler nowadays deposit an amount of money without even considering if they can afford to lose it because they are aiming to get a profit proportional to what they deposit. A higher deposit they think a higher profit potential due to high bets.

This is the part which your comment plays. Gamblers usually doesn’t afford to lose when they are using huge bets, they are just push to bet big due to adrenaline and greed at the same time that’s why many players keeps losing when they are already on this state because they can’t control their bet anymore.

For me the deposit does not have much to do with it, it is the person who has to do things according to how they can make their bets well, if the person deposits little money, but they make it grow because they are lucky, it does not get bad every time who loses and knows how to manage his money well, two things can happen, the first is that he loses everything, the second is that with few profits he starts adding money, that is the main thing that can be done, I think that things are like that, and it is not because Whether you have more money or less money, if there is more money, you can bet more but the risk is greater, there must always be self-control.

AbuBhakar

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Quote from: Shamm on May 17, 2024, 11:26:20 AM

betting bigger is actually made as more emotional cause is we think out of our money involve in our play so palpitation in heart will began. anyways its up to us gamblers if we gonna bet higher or not but we must always remember that in the world of gambling we must thing that we are not always the winner.

Correct, most of the gambler nowadays deposit an amount of money without even considering if they can afford to lose it because they are aiming to get a profit proportional to what they deposit. A higher deposit they think a higher profit potential due to high bets.

This is the part which your comment plays. Gamblers usually doesn’t afford to lose when they are using huge bets, they are just push to bet big due to adrenaline and greed at the same time that’s why many players keeps losing when they are already on this state because they can’t control their bet anymore.

Shamm

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Quote from: adpinbr on May 15, 2024, 07:39:50 PM

I prefer going small because it is risk when stake high and it even becomes more emotional and you will be worried a lot and during that process you may not get back yourself because you stake high, it is always a risky but we still need to participate on it because give you some level of understanding and on how to play higher games. I like Stalin with big amounts but with some strategy

gambling is too risky and it will get more thrilled once we are actually in the middle of our play cause there's a chance that we will win or not in the game. betting bigger is actually made as more emotional cause is we think out of our money involve in our play so palpitation in heart will began. anyways its up to us gamblers if we gonna bet higher or not but we must always remember that in the world of gambling we must thing that we are not always the winner.

Ruttoshi

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Quote from: adpinbr on May 15, 2024, 07:39:50 PM

I prefer going small because it is risk when stake high and it even becomes more emotional and you will be worried a lot and during that process you may not get back yourself because you stake high, it is always a risky but we still need to participate on it because give you some level of understanding and on how to play higher games. I like Stalin with big amounts but with some strategy

Staking all in one is not good for me because I will not enjoy my bet if I loss the bet, and it will affect me emotionally. People that stake all in one.et can end up chasing their losses because if the lose the bet, he will want to still gamble again to see if he can win back his loss, which might lead to addiction.

I will say that it is greed that will make a gambler to go all in one because the money will be an amount that they can not afford to lose.

synchronym

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Quote from: Aanuoluwatofunmi on May 14, 2024, 12:44:09 PM

I expect that for someone who is going all in, then he should also be ready and prepared for loosing it all, this is one of the things we know gambling for, if we cannot accommodate the level of risk involved in what we are doing or in the decision in which we are taking on gambling, then we have to be careful of the risk in which we go for as well, we should engage on doing anything base on our own personal affordability of the conditions involved in them.

Yes, of course brands must be responsible for what they do if they lose, don't let us do things that can harm other people, if we are not able to do that then it would be better for us to avoid placing all the bets we have, I agree With you, we have to be careful with the risks we take in gambling and it would be better for us to bet according to our abilities and not spend too much money so that it is difficult to meet the needs we need.

Those who gamble for fun and become addicted to gambling must understand how risky gambling is and keep gambling in mind. However, it is very difficult to get rid of the gambling addiction, many times it is seen that the money that they lose on the bet, they gamble twice to get back the money, and they almost end up in debt while gambling. Gambling is an addiction that kills people. To gamble, a gambler must be good at gambling. There are many gamblers who keep their cool even after losing money they gamble and they can win money and those who once lose money can't keep their cool and gamble they keep losing money.

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Quote from: ?? on ??

Quote from: Aanuoluwatofunmi on May 14, 2024, 12:44:09 PM

I expect that for someone who is going all in, then he should also be ready and prepared for loosing it all, this is one of the things we know gambling for, if we cannot accommodate the level of risk involved in what we are doing or in the decision in which we are taking on gambling, then we have to be careful of the risk in which we go for as well, we should engage on doing anything base on our own personal affordability of the conditions involved in them.

Yes, of course brands must be responsible for what they do if they lose, don't let us do things that can harm other people, if we are not able to do that then it would be better for us to avoid placing all the bets we have, I agree With you, we have to be careful with the risks we take in gambling and it would be better for us to bet according to our abilities and not spend too much money so that it is difficult to meet the needs we need.

One of the reasons why gamblers are always advised to have good responsibility in themselves is because gambling always has the possibility of risk which can be very high if they treat gambling in the wrong way, and obviously when high risk occurs it means you lose more money, and this is where gamblers usually feel stressed and the situation causes emotions which as we know that when emotions occur then someone will not hesitate to make crazier decisions to satisfy themselves.

Therefore, this is the reason why we are always advised to only risk the amount we can afford to lose, none other than the benefit is that we avoid the possibility of emotions, in the sense that indirectly you will avoid a much worse possibility. This means that before making a decision, a gambler must really calculate in advance the amount of risk they can take, because only with this approach can we at least avoid the possibility of losing large amounts of money.

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Quote from: Questat on May 15, 2024, 02:52:59 AM

Quote from: bangjoe on May 15, 2024, 01:33:07 AM

Quote from: ChiBitCTy on May 14, 2024, 12:47:22 PM

This is one of the reasons I don't like playing certain games on online casinos. I mean there are online casinos that I certainly trust more than others, but over all making sure they are "provably fair" seems a little difficult to verify with certain casinos. I myself like playing games against other IRL people (not an automated bot of whatever) or just doing sports betting, which of course is provably fair.

Obviously if the game is playing with humans again or sports betting is fairer because there is no bot system in it that accompanies our game, justice in a game like that is very biased and we will not be able to guess whether it is fair or not, most people think that when they lose and feel something is wrong like consecutive games in a game based on the bot system, they will think that the casino is behaving unfairly, but who knows about it.

But if they win, will they assume that there is a wrong system in our game.

But mind you, there's still a huge number of people losing in sports betting, in fact even bigger than what we can lose in a casino because we think the game is fair that's why we tend to do it regularly. I myself believe that it's possible to succeed in sports betting, but until now it's still that believe that I have in me as I have not succeeded in sports betting yet. Anyway, if i would choose on my favorite type of gambling, I'll always choose sports betting.

It is natural for us to think that sports gambling is fairer than other gambling because we can project our own calculated risks as, and the team we choose is of course based on personal knowledge and analysis and the matches that are carried out are not in any engineering scheme, especially in the big league or in major sports events, it is almost impossible to have match engineering.

But indeed here the opponent is the odds, and the conclusions of the bookmakers in giving the value, we believe a team will get a victory, of course they must give small odds for the favorite candidate to win in a match.

Betwrong

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Quote from: doomloop on May 13, 2024, 08:46:58 AM

Quote from: Betwrong on May 09, 2024, 04:17:46 AM

~

Exactly, and some people make the mistake of thinking that the odds are higher for them to win when they reduce the multiplier so it's a clear shot and they can get good returns if they bet with all their bankroll or 50% of it having 1.1x odds or even lower, but they forget that one can lose a bet even with those low multipliers.
~

Loosing with 90% win chance(or 1.1x multiplier) is easier than many people imagine. And many gamblers think if they lost once it won't happen right away for the second time for sure. So, after losing their bet at 90% win chance they go all-in in their next bet, and, as it happens quite often, they lose that bet too. Then they start saying: "It can't be. The site is rigged!" and stuff. But the simple answer to that is - it can. And it can happen the third time in a row too.

adpinbr

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I prefer going small because it is risk when stake high and it even becomes more emotional and you will be worried a lot and during that process you may not get back yourself because you stake high, it is always a risky but we still need to participate on it because give you some level of understanding and on how to play higher games. I like Stalin with big amounts but with some strategy

Fredomago

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Quote from: leonair on May 14, 2024, 01:24:24 PM

Quote from: libert19 on March 28, 2024, 10:17:34 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.

In gambling, you cannot avoid risk under any circumstances. Because of this, you should not bet such an amount that if you lose, you will lose your entire amount. Gambling is a critical thing where it is as easy to win as it is to lose. Here when you place a bet you have to accept that you are going to lose the amount of that bet but if you can win then it will offer you a bonus and if you lose then you will not suffer. so do not get panic when you gamble. just gamble with fresh mind and keep small amount of bet every time.

If you can keep that kind of practice then it will be enjoyable for you when you gamble, but when you use the amount that you are unwilling to let go expect the stress to haunt you as most of the time your usual reaction is to regret and worse try to add more money to try recovering your losses which can lead you to much bigger problem, it's better to be ready in accepting your fate than trying to push for more that will mostly ended with regrets.

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Quote from: bangjoe on May 15, 2024, 01:33:07 AM

Quote from: ChiBitCTy on May 14, 2024, 12:47:22 PM

This is one of the reasons I don't like playing certain games on online casinos. I mean there are online casinos that I certainly trust more than others, but over all making sure they are "provably fair" seems a little difficult to verify with certain casinos. I myself like playing games against other IRL people (not an automated bot of whatever) or just doing sports betting, which of course is provably fair.

Obviously if the game is playing with humans again or sports betting is fairer because there is no bot system in it that accompanies our game, justice in a game like that is very biased and we will not be able to guess whether it is fair or not, most people think that when they lose and feel something is wrong like consecutive games in a game based on the bot system, they will think that the casino is behaving unfairly, but who knows about it.

But if they win, will they assume that there is a wrong system in our game.

But mind you, there's still a huge number of people losing in sports betting, in fact even bigger than what we can lose in a casino because we think the game is fair that's why we tend to do it regularly. I myself believe that it's possible to succeed in sports betting, but until now it's still that believe that I have in me as I have not succeeded in sports betting yet. Anyway, if i would choose on my favorite type of gambling, I'll always choose sports betting.

bangjoe

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Quote from: ChiBitCTy on May 14, 2024, 12:47:22 PM

This is one of the reasons I don't like playing certain games on online casinos. I mean there are online casinos that I certainly trust more than others, but over all making sure they are "provably fair" seems a little difficult to verify with certain casinos. I myself like playing games against other IRL people (not an automated bot of whatever) or just doing sports betting, which of course is provably fair.

Obviously if the game is playing with humans again or sports betting is fairer because there is no bot system in it that accompanies our game, justice in a game like that is very biased and we will not be able to guess whether it is fair or not, most people think that when they lose and feel something is wrong like consecutive games in a game based on the bot system, they will think that the casino is behaving unfairly, but who knows about it.

But if they win, will they assume that there is a wrong system in our game.

synchronym

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Quote from: leonair on May 14, 2024, 01:24:24 PM

Quote from: libert19 on March 28, 2024, 10:17:34 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.

In gambling, you cannot avoid risk under any circumstances. Because of this, you should not bet such an amount that if you lose, you will lose your entire amount. Gambling is a critical thing where it is as easy to win as it is to lose. Here when you place a bet you have to accept that you are going to lose the amount of that bet but if you can win then it will offer you a bonus and if you lose then you will not suffer. so do not get panic when you gamble. just gamble with fresh mind and keep small amount of bet every time.

Of course, gambling is risky, many people gamble easily without thinking about the risk and lose money continuously. Gambling sometimes makes people's life very difficult. Many people gain money by gambling and because of addiction to gain money, they go to gamble again if their luck is good then they gain money and if their luck is bad then they lose money. If a gambler ever thought that the amount of money I was wasting gambling, if I had invested in some business, I would have made a good profit and lived a quality life. But a gambler would never think that positive thing. Many times gambling is played as a joke and at one time they become so addicted to gambling that they cannot come out even if they want to. There are also families who just play this gamble and get into debt to such an extent that their family has to face creditors constantly. With creditors constantly coming and threatening his family, a gambler would never have put his family in danger if he thought about his family.

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Quote from: masulum on May 13, 2024, 09:17:47 AM

All-in is not a wise decision. Even though we have a 90% chance, there is still a 10% chance that we can lose. Of course, we will be happy if we get that 90%. But how if we get 10%. Simply put, when we are playing poker, we have a Straight card on hands, we are 90% sure, if we will win. However, the reality is that our opponent has a flush on hand. that maybe only 10% chance of he get that flush, but our confidence in going All-in with a 90% chance of winning just disappears, because the luck is not on our side.

You are right, and 10% is still a large percentage for one to risk all their money, I would say one shouldn't even do it if they have a 98% chance of winning because there is still a 2% chance of losing and if you are unlucky, the bet will go against you, it's gambling at the end of the day, and you can't expect to win a bet even with 99.9% winning odds in your favour as long as you are unlucky. So, it's better to only risk what's reasonable for us to risk.

When you risk only a small percentage of your total bankroll and lose it, you will still have some hope that you have most of your bankroll safe and you might make that money back, but even if you don't, you at least get to gamble for a while instead of starting, making one bet, and losing everything in it.

leonair

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Quote from: libert19 on March 28, 2024, 10:17:34 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.

In gambling, you cannot avoid risk under any circumstances. Because of this, you should not bet such an amount that if you lose, you will lose your entire amount. Gambling is a critical thing where it is as easy to win as it is to lose. Here when you place a bet you have to accept that you are going to lose the amount of that bet but if you can win then it will offer you a bonus and if you lose then you will not suffer. so do not get panic when you gamble. just gamble with fresh mind and keep small amount of bet every time.

Topic: Going all in and losing the bet (Read 2487 times)