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Topic: Greed can cause a lost bet, (true or false) - page 18. (Read 2286 times)

legendary
Activity: 2534
Merit: 1115
The ticket in the above post is obtained from Nigerian gambling site known as the bet king. Here's the link to the site where the OP played the game https://betking.com/ it's not a casino based gambling site and I doubt if they have representative in this platform.
that's good to know, just like Jawhead999, I also thought OP was talking about betking.io.

When I converted 1700 naira to dollar, that is just $2.2. That is a small amount of money.
might be a small amount for us but it could be sizable for them, for example, I just found out that the average monthly income in Venezuela is about $5.

You really should not play on casinos which have been marked with a multitude of scam accusations on Bitcointalk.
according to knowngunman, OP is betting on a site called betking.com, it's different from the gambling site betking.io
sr. member
Activity: 476
Merit: 337
 
OP, your actions just show that you are indeed a true gambler who allowed greed to blindfold you. Even as you have played the game and the game has started running, there is always an option for you to cash out your possible winnings when most of your selected games are winning, so that last game you added before it got to its turn could have had a cashout of some reasonable amount made available for you. Maybe you didn't check or you allowed the greed of wanting to win a round figure to blind you to what you could have taken home.

Exactly, but the game rules is that you cant cash-out the bet  because it's a vitual bet and not like real soccer's game, it's easy to bet because it doesn't take much time for the bet to end.
sr. member
Activity: 2520
Merit: 280
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I bet a virtual stake with 1700 naira to win 1,438,540.92 naira, but the game was lost and the bet that made it to lost was the last one I added, before I added the last one that made the winning to be this amount, I was having double thoughts like should I make the winning a random figure 1.5 million or I should stake it at 1.3? But out of greed I refused to bet the game at 1.3 and I added the one that lost the bet, what a pity?
Greed is one thing that gets some game lost, the stake we are supposed to win out of greed we add another that get the game lost.
Out of my own experience I have learnt my lessons, but I don't believe that this opportunity might ever come again because I don't bet often, on a second thought this my story is what makes some people put more interest on gambling.

If you are trying to win $1000 with $10 is possible but highly unlikely to happen so the expected winning amount should be closer to reality or lets say it should have better odds so you will have the high chance to get it. Anyway still even with less risk still it has chance to lose too so it all narrows down to your luck nothing else so if someone try it once in a while then its okay but if they keep such as life goal to hit the jackpot then they will be screwed for sure.
hero member
Activity: 798
Merit: 702
Even though there is no sure thing in gambling, no matter how small the odds might seem, we should not be too greedy in looking for ways to double our winnings, which reduces our chances, which we could have used to win a game with the little we have predicted.
 
OP, your actions just show that you are indeed a true gambler who allowed greed to blindfold you. Even as you have played the game and the game has started running, there is always an option for you to cash out your possible winnings when most of your selected games are winning, so that last game you added before it got to its turn could have had a cashout of some reasonable amount made available for you. Maybe you didn't check or you allowed the greed of wanting to win a round figure to blind you to what you could have taken home.
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.

Last 2 night I signed up to an online bet called betking (become a KING) and I bet a virtual stake with 1700 naira to win 1,438,540.92 naira, but the game was lost and the bet that made it to lost was the last one I added, before I added the last one that made the winning to be this amount, I was having double thoughts like should I make the winning a random figure 1.5 million or I should stake it at 1.3? But out of greed I refused to bet the game at 1.3 and I added the one that lost the bet, what a pity?
Greed is one thing that gets some game lost, the stake we are supposed to win out of greed we add another that get the game lost.
Out of my own experience I have learnt my lessons, but I don't believe that this opportunity might ever come again because I don't bet often, on a second thought this my story is what makes some people put more interest on gambling.

You really should not play on casinos which have been marked with a multitude of scam accusations on Bitcointalk. If you ask me, you are too loose with your money and it comes at no surprise to me that you lost.

Another poster has already made you aware of their bad reputation, so I hope that you will consider where to gamble more carefully in the future.

As far as your betting story goes, if you want to bet without a plan, without logic and without a strategy, that is completely up to you. But you should be aware of the risks of ignorance in such a case and not bet a lot of money.

Greed is not the same as blind greed.
copper member
Activity: 2800
Merit: 1179
Leading Crypto Sports Betting & Casino Platform

In short, it's mean a casino owned by a Nigerian is trusted while the casino that owned by a non Nigerian is scam.

Well Nigeria is one of third world country, high corruption rate and bad wealth distribution, based on this fact actually the chance of exit scam is higher than the developed country.

Woooooooo you must be silly for making such comment, because the last time I checked I didn't noticed Nigeria been the 3 most corrupted country in the world, talking about that can you compare Nigeria with a country who's government legalize arms selling like the, I won't mention
see for your self, the most corrupted country.

She doesn’t meant to categorized Nigeria as 3rd most of corrupt country in the world but rather he he mention that Nigeria is one 3rd world country/developing country which is true. But in terms of corruption, I think there's still worst country out there including mine.

I think she just stated that because you trust the site because it's from NIGERIA. The country of origination of a service doesn't reflect its reputation because there's always a scam everywhere including in your country. But I understand your point when you said that since many user here mistakenly Betking as there is scam casino here before with same name.
hero member
Activity: 2912
Merit: 556
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Yes, greed can cause you to lose even after you get that win. If you are wise, after winning, you should be able to stop and leave the casino, online or offline, so that your mind won't bother you to ask to place one last bet again. Many people have experienced this because they think this is one last bet, but instead, they use almost all of their money at once in the hope that this will be their biggest win.

Although some people can get their final victory by multiplying their money, it's not much because most of them will lose because of their own greed. They forgot about the results they had gotten. Even after experiencing several defeats, they were only able to win, so they decided to keep gambling for the last time and then go home.
hero member
Activity: 2842
Merit: 772
BetKing is a scam casino, it's better for you to choose other casino that's more trusted and reputable, check the representative account in this forum whether the account has negative feedback or not.

@jawhead999 I fill that we are talk about a wrong site, I didn't get anything about that like you posted, just take a good look at what am talking about. https://m.betking.com

Yeah, it might be different and thanks for clearing that up. But I guess everyone here is giving you a good advise and it just so happen that they have the same name.

In any case, if you didn't win and you feel that it is because of your greed, then you need to control yourself next time. Although majority of us has experience greed as a "limiting" factor in our gambling. And it will take a lot of us mentally to overcome greed so that we can win in gambling.

Just remember though that gambling is base on luck so you don't need to force yourself looking for juicy odds, in my opinion.
sr. member
Activity: 476
Merit: 337

In short, it's mean a casino owned by a Nigerian is trusted while the casino that owned by a non Nigerian is scam.

Well Nigeria is one of third world country, high corruption rate and bad wealth distribution, based on this fact actually the chance of exit scam is higher than the developed country.

Woooooooo you must be silly for making such comment, because the last time I checked I didn't noticed Nigeria been the 3 most corrupted country in the world, talking about that can you compare Nigeria with a country who's government legalize arms selling like the, I won't mention
see for your self, the most corrupted country.
sr. member
Activity: 1764
Merit: 260

Greediness plays a role in someone's gambling career, becoming normal at times. There are instances where greed can lead to losses, but there are also times when it can result in wins. The outcome is not fixed; therefore, it is essential to know the odds first and carefully weigh your options. It is always good to maintain a sound mind while playing, and above all, enjoy the game. Do not place too much hope on winning in the first place
hero member
Activity: 3066
Merit: 629
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Just like the typical thing that we get into with, for which on these bets that if it's too good to be true then you know what it is. Let's set aside the casino and let's say that you bet on a reputable one. And with such small bets, do you really think that little chance you're getting the jackpot and will hit it? Well, people might say that you don't say that because a chance is still a chance and there are lucky people that do win from anywhere and that's why everyone wants to take chances. I'd say that just accept the fact that there could be lucky people with those odds but it won't be us.
sr. member
Activity: 476
Merit: 337
BetKing is a scam casino, it's better for you to choose other casino that's more trusted and reputable, check the representative account in this forum whether the account has negative feedback or not.

@jawhead999 I think that we are talking about a two (2) different site, I didn't get anything good about the link you posted, just take a good look at what am talking about. https://m.betking.com
hero member
Activity: 742
Merit: 633
You're one who fault, why you're choose to bet with crazy huge odds in the first place? when you bet on huge odds, it's mean the chance you win is almost impossible.

Maybe you said what you said because the betting site is owned by a NIGERIAN.
In short, it's mean a casino owned by a Nigerian is trusted while the casino that owned by a non Nigerian is scam.

Well Nigeria is one of third world country, high corruption rate and bad wealth distribution, based on this fact actually the chance of exit scam is higher than the developed country.
sr. member
Activity: 476
Merit: 337
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Out of my own experience I have learnt my lessons, but I don't believe that this opportunity might ever come again because I don't bet often, on a second thought this my story is what makes some people put more interest on gambling.

With that kind of odds which is 600+, you can consider your bet as loss since it’s a very low chance win that kind of bet especially that you selected 10 match for your parlay.

You only wager around 2$ which is very small amount. I don’t see a reason to regret on this kind of bet considering how low the bet and high the odds on your pick. I’m wondering how do you decide to pick that kind of odds while you are not playing too often. That’s tisky.

I see that you are not a NIGERIAN citizen that's why you have the gutz to call that small amount of stake if you know the present condition in my country you won't say that, although you might be right but that's what I can afford, besides like they said, risk what you can afford.
hero member
Activity: 1120
Merit: 554
🇵🇭
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Out of my own experience I have learnt my lessons, but I don't believe that this opportunity might ever come again because I don't bet often, on a second thought this my story is what makes some people put more interest on gambling.

With that kind of odds which is 600+, you can consider your bet as loss since it’s a very low chance win that kind of bet especially that you selected 10 match for your parlay.

You only wager around 2$ which is very small amount. I don’t see a reason to regret on this kind of bet considering how low the bet and high the odds on your pick. I’m wondering how do you decide to pick that kind of odds while you are not playing too often. That’s tisky.
sr. member
Activity: 476
Merit: 337
Winning and losing are common in gambling, so there's no need to blame yourself when you lose with your bet. You're good enough to be honest about this. We all know that we are only human beings who can never be separated from greed. That's why for me it's something normal. As long as you play wisely and understand the risks, that's good enough as long as you don't become an addict.

I make sure what other friends have said in this thread is true that Betking is not a safe site for you, even if you are just a small gambler you should play on the Stake.com site because it might guarantee your safety and comfort in gambling, at least when you withdraw money there won't be any problems when you play at BetKing.  Wink
Yes you are correct, I will try to check other betting site, but does not mean am underating my home base products Roll Eyes. I don't think I might be a good casino staker because I have never go through it.
hero member
Activity: 2856
Merit: 618
Leading Crypto Sports Betting & Casino Platform
BetKing is a scam casino, it's better for you to choose other casino that's more trusted and reputable, check the representative account in this forum whether the account has negative feedback or not.

He has lost the bet but if he would have won it, he still could not get it withdrawal as betKing reputation is not good and they may have held his withdrawal.

And yes, greed is one the biggest factor why most gamblers lose in gambling. If the gamblers aren't greedy, they wont take extra risk and feel happy on their winnings. The money which you have won in gambling is in your hand, but if you put it again in gambling, then it is again at risk which may result in loss or a win.
sr. member
Activity: 476
Merit: 337
Last 2 night I signed up to an online bet called betking (become a KING) and I bet a virtual stake with 1700 naira to win 1,438,540.92 naira, but the game was lost and the bet that made it to lost was the last one I added, before I added the last one that made the winning to be this amount, I was having double thoughts like should I make the winning a random figure 1.5 million or I should stake it at 1.3? But out of greed I refused to bet the game at 1.3 and I added the one that lost the bet, what a pity?
Greed is one thing that gets some game lost, the stake we are supposed to win out of greed we add another that get the game lost.
Out of my own experience I have learnt my lessons, but I don't believe that this opportunity might ever come again because I don't bet often, on a second thought this my story is what makes some people put more interest on gambling.
No matter if you win or lose in that crazy odds bet, you will still lose because you played on a known scam casino that has a bad reputation in this forum. Even if the luck gets you and won that bet, the casino would rapture your luck by not paying you your money.
This site may not have good reputation here on this forum but they are well trusted and reliable in them of payments and you don't have to undergo any KYC before withdrawing your funds, Maybe you said what you said because the betting site is owned by a NIGERIAN.
hero member
Activity: 1876
Merit: 721
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Greed causes losses not only in gambling but also in other markets. There are wins and losses in gambling and if you continue to blame yourself for your past actions, it will also hurt you mentally. So move on and keep it as a life lesson that may help you in many ways in future. When someone wins a lot of bets quickly from gambling and has a lot of money, they don't value that money and lose it again by making unnecessary bets. Same happened to you. Being greedy is also important in many cases but being greedy in gambling has very bad consequences which the gambler cannot even imagine. Which I realized from past experience.
legendary
Activity: 3542
Merit: 1352
There is a reason why you do not extend a parlay that long and add high odds games that you are quite uncertain of. I know that a lot of people do this to maximize their profits, but like this one, it kinda screws up the whole bet. Then again, to each, his own. There are instances wherein this kind of bet hits, and if it does it gives you a huge payout. Nevertheless, if you want to make steady profits, or there's an option to collect potential wins without completing the whole parlay, do it.
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