Topic: Going all in and losing the bet - page 12. (Read 2474 times)

That is a good way of maximizing your chances and you maybe saying to yourself that you did your best at choosing these bets that mostly will make you money.I am also one of those guys who used to believe a bit of research could lead to continuous gains through winning such bets.For my bitter truth though I learned that there are huge factors impacting the games,starting from how the referee feels during that game and how he makes errors that result in the losing of such bets,that is why I have come to the conclusion that the only wins come from not gambling,if you want to gamble a bit for fun go and do it but if you expect to be consistent in winnings through gambling better forget about it.

I also feel the same way before, but then it is not like they are monitoring every single player, and waiting for them to bet all in just to make them lose.
We only question the site when we lose but if we win those rounds this speculations or feeling wouldn't surely be questioned.
It just happened that the last bet lose, no matter how high the winning percentage there is always a chance that we could lose.

The word addict is just use in a negative manner, but obsession could also be called as addict as well especially if that leads to more unexpected losses. We love to gamble becasue we are gamblers, but having obsessed with it is not anymore good because gambling is close to losing money since that's the reality for most of us, so you are more obsessed, would result to more losses.

I don't want to obsess with gambling, although I love to do in on a regular basis but personally I can say no to it anytime, that's how I am in control of myself in gambling, and that showed I'm not anymore addicted to it (was addicted).

It will not happen in big casinos and big gambling providers, that's why it's safer to bet on trustworthy casino.

Actually you can win big even you just bet few dollars, if you play on games that has a chance to win big e.g. plinko, roulette or parlay bet in sports.

I'm not sure "addict" is a correct word to say someone like to play in one game due to their obsession. I think they just love it because they're familiar with the games and fun to play that games.

 It is highly unlikely that legitimate, licensed casinos would intentionally cheat players out of money by manipulating their slot machines or other games. Doing so would be illegal and would put the casino's reputation and license at risk. In most jurisdictions, casinos are heavily regulated by government authorities, which ensures that their games are fair and random. The machines are also regularly audited by independent third-party testing agencies to ensure that they are functioning properly and producing random outcomes. Government regulators protect you there. The two dice will land just as random as any other real dice would. But, you need to pay attention to the odds and payouts because sometimes they are more aggressive in favor of the casino compared to a normal craps table.
   Winners don’t just know when to leave when they are winning, they think their hot streak will continue forever. When they start losing, they think Lady Luck’s going to turn back in their favor. A good dancer should know when to leave the stage. It is advisable not to stay too long in the gambling arena they are just two outcomes it’s either you leave smiling or crying. In most cases you will end up feeling heartbroken. You can’t never beat the housez that’s a fact next time take you little win and take off.

At the very first place before taking gambling you know already your boundaries such as limitations, we know gambling gives more fun into us, if you are a responsible gambler you know the amount you can wage, the money limit for your winnings and losses. If you have the plan to make zero balance its part of it but the end of the day we must treat gambling as part of entertainment and not as part of being source of income. No one becomes a huge winners every day in playing gambling unless they master those games even they can beat the game. Always gamble responsibly.

Winning and losing are part of the game, but going all in is foolishness, if people really understand that winning and losing are part of the game why are they going all in on a game? Losing all that money is just in the next corner waiting.

I can never be this desperate about gambling, where all I can do is risk all my money for one result, I know that people do this and they get positive results but that's not just me, it can never be.

Let's handle gambling like gambling, by not becoming so desperate to win, this is not a sports race where you handle the steering yourself, this is not a kickboxing ring where you have to fight yourself, the power isn't in your control, and people can't see how dangerous this can be?

I agree with you. Of course, there is a possibility that some games in the casino can be manipulated or have algorithms created by the developer so that we cannot win. I'm not saying all casinos are like that but I think the possibility exists. But I don't mind that. To me it's just a game and I have fun with it. I wouldn't use my money to win big at the casino. I just used a few dollars for fun. I don't just play Hi-Lo and it is important for gamblers not to become obsessed with one game as you can become addicted.

Of course it is wrong if gambling is considered as something that can make money with certainty, there is indeed a chance of winning at the gambling that is done, but that victory cannot be obtained with certainty, because the chance of winning at gambling is very high. It's small, but the chance of losing at gambling is big, we have to be able to see this so we don't gamble excessively. by risking everything to gamble is an excessive action, because I believe that I will be able to get an unclear win in gambling. and even if we risk everything on gambling, it cannot guarantee that we will win, besides, if we win on gambling by risking everything we have, I think the victory we get will not be equivalent to the losses that have occurred more often.

Gambling, which should be done just for fun, actually becomes a trap for those who do it excessively because there is encouragement from thoughts that lead us to chase victory. We hope that we can control everything, including the thoughts and actions we will take when gambling, so that we don't take the wrong action, such as risking everything on gambling and losing, if we risk everything on gambling, maybe that means we completely believe in gambling. not sure about his victory.

I like to take these games more as fun and not gambling or ways to make more money. If it's good, if not that's okay too, I had fun. I think more about real world bets, that way I get better winnings and I don't have to wonder if X or Y is stealing or winning etc.

That’s a tough break, and it’s understandable to feel frustrated after going all in and losing, especially on what seemed like a sure bet. Despite the odds, the risk of losing is always present, and it’s a stark reminder that in gambling, nothing is guaranteed.

However, reputable casinos and online gambling platforms use random number generators (RNGs) to ensure the outcomes are as fair and random as possible. It’s crucial to play on sites that are regulated and audited for fairness to avoid any potential manipulation.

Here’s hoping your next bet brings better luck!

I can feel you with that , and this is the same reason why I stopped Playing Hi-lo because of this experience and for me this seems to be  a tricky bet from the provider and to take our money, looks like it is not about the Luck but about the game settings that will not le us win , though like you said they are all fair but sometimes we are truly doubting that reality.

Exactly. This example of a 1% gain is actually very good to bet on, but if you want to bet everything at once on each event it will be a 100% loss for something that wasn't worth it and that will only make things worse. psychological. So, the lesson is to have moderation in everything.

any event on which it is still possible to bet always has the possibility of happening.
some time ago I posted the story of the bettor who lost a large sum on a practically negligible odds (less @1.01 )
the lesson is plan and simple: never go all in with betting!
https://bitcointalksearch.org/topic/m.61615047

That's how they get you.  You can win win win and then in one bet they get all theor money back.  My rule of thumb is to never go all in, even if most times you'd win.  The odds you usually get don't favor you over the long run.  I know the feeling though, in the moment you think you got cheated, really your greed just got the best of you.

I would say that it's not actually a bad idea or wrong move at all it was for sure kind of reckless in a way betting everything on one bet, but if you know that you have a higher chance of winning than losing then I would say that its pretty good bet already if you are a risk taker for sure, I mean its a pretty good chance of winning a huge amount with a lower risk of betting, the reward was surely going to be higher than losing, but in case of probability you have higher chance of winning, but you just got unlucky with that and end up losing it all, but I guess you gonna risk it if you want to actually win huge amount.

There are a lot of times that I did it as well and ended up winning, I mean for sure it was kind of fun and entertainment, there were just times that you just don't want to think about it and just do it, most of the time you will end up winning but not every time I guess, but it was kind fun and win at the same time, I would take that risk if it has a higher chance of winning, anyway, I only gamble a small percentage and I limit my gambling habit so if I lose that money then I lose it, I already consider it lost since I used it on gambling, that is why it's only a small percentage so that I could easily recover from it.

The trouble with this scenario is you don't actually have any visibility of the backend of the casino to see if they are manipulating anything, but even if you did - every game is setup to give the house a slight edge over a long enough time and this is part of what you encountered. I've never played these hi-lo games, but from your description it seems like a logical process, except for the "minimal possibility for equal card". There are four suits in a deck, so surely every card has the same possibility to be an equal card and the ace does not have special benefits in that respect, but maybe I misunderstood. If you choose to gamble, then the outcomes are black and white, where you can lose everything in one go.

Playing roulette is essentially a battle with fate. 
As a child, I loved reading various adventure novels.  The main characters of these novels were very fond of gambling, such as dice and roulette.  my favorite literary heroes are D'Artagnan, James Bond, gold miner Time waits, adventurer Khoja Nasreddin. 
They all loved to gamble.  Therefore, for me, a casino is not about making money, but about an interesting game.  I distinguish between different types of human activities, such as work and play.  The game is needed to make your life more interesting.  However, at the same time, it is very naive to think that by gambling you will acquire wealth and a regular income.  Wealth and gambling are not identical concepts.  Yes, the more varied your life, the better your creative abilities develop, which means it will be easier for you to make money in our dynamically changing world. 
However, I have no illusions that playing in a casino can replace my paid employment or entrepreneurial activities.

We can't call it gambling now if the winning percentage is high, either you go all-in or not. There's no manipulation but rather, the system was designed to give users more losses than wins and if you hit that big win, then you are lucky! You can't expect that luck is always on our side especially playing a luck-based game like Hi-Lo.

Just give it a time and you might hit that big win someday.

That is natural human attitude, they will not think or judge that what they did was mistake and it cannot be denied that when most people experience failure they will always blame other people and whatever they think is the trigger for their failure.
What needs to be understood is that not all hopes and desires can come true because there will always be conditions where failure occurs, this does not only apply to gambling but to everything that is done.
Every gambler must be able to accept all of this and of course they must be able to accept any risk of loss when they decide to risk their money.

Yes, and the guarantee that gambler can have is only guarantee of defeat, there is nothing that can guarantee gambler will win because basically gambling is risk and the risk is in the form of losing and losing money.
Maybe some efforts can increase the chances of winning, but this is only an increase in chances which cannot actually ensure in victory, after all, we all understand how casinos and gambling sites work.
They build and provide all types of betting for business and we should be able to think that we come only for fun, not to make money.