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Topic: Greed can cause a lost bet, (true or false) - page 19. (Read 2286 times)

hero member
Activity: 1484
Merit: 608
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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.
Even if you win the bet more than once, it may be due to your good luck.  Winning 1,438,540.92 from 1700 naira is a big fortune.  But it is doubtful that you can withdraw them. Because this site has a very bad reputation in this forum and is also called a scam site. So try to withdraw them as soon as you can and move to another trusted site.  It will be beneficial for you. otherwise all your winnings can be worthless
Yes using this site is high risk so op should avoid this site.  If he is able to withdraw his winnings of about 1,438,540.92 naira which is equal to $1840 then it will be a sign of greater fortune for him than a gambling win. so he should withdraw them as soon as possible and if he is very addicted to gambling then choose a trusted site and gamble there.
legendary
Activity: 3808
Merit: 4603
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I don't think greed had anything to do with you losing this bet. You bet a parlay and those period are the hardest bets to win. The odds of you winning go down with each game you add, but the amount of money you can win goes up. So it's risk reward to the highest degree. Why they are so har is you have to win every single game you picked, 1 wrong and it's game over.

If you decide to make this type of bet again, try making it with less picks(3-4).
hero member
Activity: 3010
Merit: 666
Discipline is necessary if you want to succeed in gambling. You need to consider it a long-term job, which will help you realize your mistakes and improve your strategy. The thing is, even if you have a good strategy but lack discipline, it still won't work; it has to be executed slowly but consistently.

I hope you truly learn from your mistakes, as I know lots of gamblers who keep repeating their errors.
hero member
Activity: 2926
Merit: 567

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.

Greed can cause a lost bet, (true or false)? Definitely true happens to me so many times, like continuing when I should stop and betting the favorite with a huge amount not thinking that things could go wrong, don't think it might not happen again to you just never know, one of the things I hate about gambling so many times your betting history repeats and you end up doing the same thing.
Greed in gambling just shows how human we are, we are prone to error because we are materialistic and we always want more.
hero member
Activity: 2520
Merit: 783
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.

The answer for that is always true since greed cannot bring any good result since it can always kill our luck when excessive activities occurs. So we should place all things set and have proper discipline to follow our set plans so that we will not get any bad result just like what you experience. Since you already encounter that mistake for sure you learn a lot from it and you can avoid to commit the same mistake in future. Although its hard to defeat greed but over the time and thru experience for sure you can get out of it and maintain gambling activity at the right place.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
Too much of being greedy has never helped any one achieve anything good in  the long term, most especially in gambling and betting, I've had a similar experience in the past in such a manner that is almost same as the op have experienced, mine had to do with an opportunity of cashing out on a multi bet when most of the bets had already won, the casino offered me the opportunity to cash out while my bet ticket is still remaining two games to go, i had already good profit if I decided to cash out, but I refused to accept the cash out offer believing i will win the star price, unfortunately, the next game ended up losing and that was how i lost everything.

Greed is one of the most killers of wins in both sports betting and slot games.

I can relate. There was a time I was rolling dices and somehow managed to get a good enough profit, I thought I was having a lucky night and instead cashing out I decided to go ahead and try to get some more before dinner.
As expected, my lucky streak quickly ended in less than half of an hour and I ended up losing my profit and a few bucks to the dices. To be honest, I think this is something which most people who engage in gambling and betting have gone through and know exactly how it feels, though, I have always thought it is easier to get greedy on casino games rather than sport-betting, because the quicker pace of the former in comparison to the latter.

Just my opinion, as usual.
legendary
Activity: 2422
Merit: 1083
Leading Crypto Sports Betting & Casino Platform
Too much of being greedy has never helped any one achieve anything good in  the long term, most especially in gambling and betting, I've had a similar experience in the past in such a manner that is almost same as the op have experienced, mine had to do with an opportunity of cashing out on a multi bet when most of the bets had already won, the casino offered me the opportunity to cash out while my bet ticket is still remaining two games to go, i had already good profit if I decided to cash out, but I refused to accept the cash out offer believing i will win the star price, unfortunately, the next game ended up losing and that was how i lost everything.

Greed is one of the most killers of wins in both sports betting and slot games.
legendary
Activity: 2002
Merit: 2534
The Alliance Of Bitcointalk Translators - ENG>SPA
Greed can cause losses not only in gambling but in many aspects of one's life. The most evident one for the users of this forum is the following one: I'm sure that many colleagues here jumped into the markets in a FOMO stage to see how the value of their coins plummeted because the earnings before the ATH weren't enough for them.

Moderated ambition can be positive as long as it makes you move towards a reasonable goal, but when it becomes blind greed little good can happen. In addition, casinos are designed to always win in the long term; take a quick look at the martingale betting system and why it doesn't work: gambler's money is finite and greed inevitably leads to a loss from which he cannot recover.
sr. member
Activity: 1400
Merit: 420
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.
Even if you win the bet more than once, it may be due to your good luck.  Winning 1,438,540.92 from 1700 naira is a big fortune.  But it is doubtful that you can withdraw them. Because this site has a very bad reputation in this forum and is also called a scam site. So try to withdraw them as soon as you can and move to another trusted site.  It will be beneficial for you. otherwise all your winnings can be worthless
hero member
Activity: 2632
Merit: 833
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.

According on your experience, it's true greed can cause a lost bet because you're looking to make huge amount of money and accept the higher risk.

But it doesn't mean if you're not greedy, you will not lose in gambling, after all gambling is pure of luck and the more you gamble, in the end you will lose.

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. It might just be a coincidence and brand name similarity. I checked the link in your post and it's obvious because even the domain is not same. The scammers domain is  .io while this one's domain is .com. It's commendable you raised the alarm thou.

But OP how could you pick 10 games in a single ticket with a stake of 1.7k to win over 1m?  Grin that's obvious and pure greed. It wasn't your luck but that game is likely to cut by all indication.

Yeah, it was pure greed on his part and maybe he has learned his lesson already. But still though, regardless of the amount that he bet, when greed sets in, gonna be hard to control and most of the time we lost everything and then we look back as what to happen and then we have a lot of regrets and whats if.

Anyhow, let's see for the OP if he has learned already, hopefully he his, so that the next time, if he win then maybe he will withdraw right away and enjoy his winnings and then come back later.
sr. member
Activity: 798
Merit: 364
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.

According on your experience, it's true greed can cause a lost bet because you're looking to make huge amount of money and accept the higher risk.

But it doesn't mean if you're not greedy, you will not lose in gambling, after all gambling is pure of luck and the more you gamble, in the end you will lose.

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. It might just be a coincidence and brand name similarity. I checked the link in your post and it's obvious because even the domain is not same. The scammers domain is  .io while this one's domain is .com. It's commendable you raised the alarm thou.

But OP how could you pick 10 games in a single ticket with a stake of 1.7k to win over 1m?  Grin that's obvious and pure greed. It wasn't your luck but that game is likely to cut by all indication.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
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
sr. member
Activity: 1470
Merit: 428
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.
Asides the casino being a scam, the point of his topic is about avoiding greed, which can be a big factor against success in gambling. Greed has cost a lot of gamblers, and If greed as a problem is not handled, it will follow you to any casino or gambling place that you find yourself, reputable or not, and continue to cost you.

You do not have to blame yourself as you are gambling responsibly.

When I converted 1700 naira to dollar, that is just $2.2. That is a small amount of money. You can continue to try your luck and see if you will win one day so far it is a kind of money that you can afford to lose.

It is small to us who have more, but it is a big amount to some people in some countries, and to this people, using this kind of amount to gamble already means they are gambling irresponsibly.
hero member
Activity: 2702
Merit: 672
I don't request loans~
It's not that greed can cause a bet, even without greed, people lose all the time. It's just that with greed, you actually want to bet more, which in turn leads to further possibilities of losing (and winning as well). In most cases or experiences shared, losses are more emphasized than winning, hence why the general perception of greed is that it can cause you to lose.

And tbf, seeing the original bet and the max win, seems like your chances of winning were pretty close to zilch, so I don't think there's anything to question about it really. And as others have pointed out, it's a scam casino, so if that lightens the load on your mind then might as well just think of it that way instead of blaming your greed.
legendary
Activity: 2492
Merit: 1145
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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. First thing to do if I where you is to check the legitimacy of the casino first and deal with the greedyness that you have. The greedyness is fixable and I believe that anyone who learned their lesson on same kind of situation like this will learn.
legendary
Activity: 1652
Merit: 1208
Gamble responsibly
You do not have to blame yourself as you are gambling responsibly.

When I converted 1700 naira to dollar, that is just $2.2. That is a small amount of money. You can continue to try your luck and see if you will win one day so far it is a kind of money that you can afford to lose. You do not have to do it often too because you do not gamble often.

It would be good to use trustworthy betting site like bc.game or stake.com.
legendary
Activity: 1862
Merit: 1209
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.

According on your experience, it's true greed can cause a lost bet because you're looking to make huge amount of money and accept the higher risk.

But it doesn't mean if you're not greedy, you will not lose in gambling, after all gambling is pure of luck and the more you gamble, in the end you will lose.
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.
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