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Topic: Hard earned money - Busted in seconds - page 11. (Read 3649 times)

hero member
Activity: 2702
Merit: 716
Nothing lasts forever
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad

That's what happens when we don't follow the basic rules of gambling. But I think you have learnt your lesson.
Most of us have faced this because of the uncontrollable urge to recover the money we lost in the previous bets.
Thus we end up using all our money to recover the amount we used since the start of gambling.
But it's better to limit our losses for the day and come back another day if we are losing a lot on a particular day.
Controlling the emotions is where many fail and hence lose all their money.

The best lesson that will really sink is the one that will hurt us in OP's case, it's his pocket and of course, his motivation because he needs to work hard to pay the debt and the interest, this is money that you can't afford to lose, this is the kind of situation where no gamblers want to be in, it's ok if it's your own money but this is not your money and it is incurring interest.
In our country gambling is prohibited because one loose control and it is not a good sign.
I won't say to stay away from gambling but be very very careful who you gamble - sorry for your loss though.

That's a good step taken by your government proactively to stop people from incurring losses due to gambling. But as we know still there are people who gamble using VPNs.
OP's story should inspire others to learn from their mistakes and limit themselves from gambling too much.
hero member
Activity: 1610
Merit: 507
snip
If we are ready to lose that money, we can just play gambling and use some money. If we do end up losing the money, we'll be fine and won't be too sorry because we were prepared to take the risk. As long as we can keep our emotions in check and not be too eager to chase victory and always control ourselves, I don't think we will be dragged too deep into gambling.
hero member
Activity: 2940
Merit: 627
Vave.com - Crypto Casino
One way to control emotions is to stop playing casino games before greed makes a bad decision, because everyone loses everything when emotions run high.
Stopping completely will make you avoid being greedy. That's how it should go because no one can control his emotions when he cannot think properly but just to gamble and recover losses that he got.

If the emotional state is not conducive to playing then you should allocate some time enjoying life to calm your mind before you head back to the casino.
In short, just do other things when you think that you're starting to become greedy. Even you're at losses, stop and do another thing for your attention to be in other things instead of gambling and recovering.
hero member
Activity: 2282
Merit: 589
Taking some air to breathe not completely pollute your minds with games that you love to play, it will give you some space not to focus that much recovering your losses but instead gives you time to assess whether to continue or better to stop playing the game. There are some experienced gamblers who can take a long shot and recover their losses. Some may earn more and continue to enhance good strategy that are useful while they are still inside the house.
Everyone has their own way of recovering from gambling losses but pausing for a breath is one of the simplest ways to focus your mind on setting up a new strategy or maybe coming back another day to play in the same casino. However, returning losses in a hurry without strategizing in gambling games will result in higher losses, so there is always a chance to recover losses when you are really ready to bet again.
legendary
Activity: 2352
Merit: 1903
Leading Crypto Sports Betting & Casino Platform
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad
My Wife would kill me if I do this lol, because She is letting me doing everything in crypto but with her knowledge .
and she even allows me to gamble but with certain amount she will give me every Payday .
you did a very wrong move and I hope that you learned many things from that.
and will never allow your self from doing this same mistakes again or else ? i would call you an gambling addict .

Well  Cheesy I would like to know how you would behave if you were not so tightly controlled by your wife  Wink I came across cases (although these were cases with students) when a person, in connection with the move, got out of strict guardianship and in a very short time ruined his life with bad habits (for example, online games).
legendary
Activity: 2996
Merit: 1054
Leading Crypto Sports Betting & Casino Platform
If you can maintain your own emotional and financial security, then it doesn’t matter how much you lose. Losing money is just one of the hazards of being a gambler. And in the long run, it’s better to lose a little now and then and keep your life in order than it is to lose it more than you can afford to.
One way to control emotions is to stop playing casino games before greed makes a bad decision, because everyone loses everything when emotions run high. If the emotional state is not conducive to playing then you should allocate some time enjoying life to calm your mind before you head back to the casino.

Taking some air to breathe not completely pollute your minds with games that you love to play, it will give you some space not to focus that much recovering your losses but instead gives you time to assess whether to continue or better to stop playing the game. There are some experienced gamblers who can take a long shot and recover their losses. Some may earn more and continue to enhance good strategy that are useful while they are still inside the house.

But most of the time gambling addicted cases are the results of un-controlled emotions that lead more gamblers to lose

huge amount of money just by playing in a short while.
legendary
Activity: 2688
Merit: 1192
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad

As others have said, you've fallen into a trap of thinking that you won something. You started with 3 dollars and ended with zero dollars, what you achieved in the interim is immaterial because you did not have the self control to withdraw the money at or near the height of your winnings. It is part of the gamblers falacy, that you will never be content with what you've got and will always feel like you can get more. It does not lead down a happy road because it is similar to chasing losses which ends in a very dark hole.
legendary
Activity: 2128
Merit: 1775
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet.
Unwittingly bad luck like yours has been experienced by gamblers, including me, have experienced something like what you experienced, ambition was expecting higher spins and ended up vanishing in seconds luckily I didn't use my hard earned money.

I realized, gambling requires self-control and eliminating selfishness and greed when winning and losing, at this time I bet on gambling, I must have principles about my bets, where I have to limit the bet with the capital I want to bet, win and lose I have to step back for a while and continue tomorrow, if I want to do it, that's my principle of gambling.
sr. member
Activity: 831
Merit: 286
Next Generation Web3 Casino
Learning from our mistakes in gambling will make us careful about using money to gamble and we will limit the time and money that we will use to gamble.
The solution is very appropriate to allocate money for gambling with the aim of having fun because that money will be ready to lose if luck is not on our side, we realize that it is very difficult to keep emotional when we are already involved in gambling and many gamblers will lose everything because without consideration and due to greed.
hero member
Activity: 2282
Merit: 589
If you can maintain your own emotional and financial security, then it doesn’t matter how much you lose. Losing money is just one of the hazards of being a gambler. And in the long run, it’s better to lose a little now and then and keep your life in order than it is to lose it more than you can afford to.
One way to control emotions is to stop playing casino games before greed makes a bad decision, because everyone loses everything when emotions run high. If the emotional state is not conducive to playing then you should allocate some time enjoying life to calm your mind before you head back to the casino.
hero member
Activity: 1428
Merit: 931
🇺🇦 Glory to Ukraine!

What mistake? Lossing your money to a lossing bet? That's not a mistake in gambling terms that's unlucky, and there's nothing to learn from there coz that's the nature in gambling sometimes you win sometimes you lose.
When you talk about learning from your mistakes in gambling, that's actually when you stop gambling coz you've realized how much money you lost because of gambling.

Being unlucky isn't a mistake when it comes to gambling. The mistakes in gambling is their decisions.
Gambler's decisions decide the fate of him. If he chooses to gamble after losing a large account then it is his mistake. If he choose to borrow money just to have some funds to gamble is a mistake. I think losing money to a bet isn't a mistake but the decisions that a gambler is doing is.

Yeah, losing your own money is not a mistake if you consciously chose to gamble with it. Losing is a necessary part of the journey. You may think that you’ve lost it all, but that’s not the end of the world. The real failure is when you gamble and lose the life savings that were put aside for a rainy day or for a large emergency.
If you can maintain your own emotional and financial security, then it doesn’t matter how much you lose. Losing money is just one of the hazards of being a gambler. And in the long run, it’s better to lose a little now and then and keep your life in order than it is to lose it more than you can afford to.
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks

What mistake? Lossing your money to a lossing bet? That's not a mistake in gambling terms that's unlucky, and there's nothing to learn from there coz that's the nature in gambling sometimes you win sometimes you lose.
When you talk about learning from your mistakes in gambling, that's actually when you stop gambling coz you've realized how much money you lost because of gambling.

Being unlucky isn't a mistake when it comes to gambling. The mistakes in gambling is their decisions.
Gambler's decisions decide the fate of him. If he chooses to gamble after losing a large account then it is his mistake. If he choose to borrow money just to have some funds to gamble is a mistake. I think losing money to a bet isn't a mistake but the decisions that a gambler is doing is.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad

That's what happens when we don't follow the basic rules of gambling. But I think you have learnt your lesson.
Most of us have faced this because of the uncontrollable urge to recover the money we lost in the previous bets.
Thus we end up using all our money to recover the amount we used since the start of gambling.
But it's better to limit our losses for the day and come back another day if we are losing a lot on a particular day.
Controlling the emotions is where many fail and hence lose all their money.

The best lesson that will really sink is the one that will hurt us in OP's case, it's his pocket and of course, his motivation because he needs to work hard to pay the debt and the interest, this is money that you can't afford to lose, this is the kind of situation where no gamblers want to be in, it's ok if it's your own money but this is not your money and it is incurring interest.

He needs to try working overtime or to find additional sources of income to pay that debt/loan that he mistakenly losses

while he was doing his gambling activities, there' nothing he can do now but to learn from that mistake and try not to allow

that to happened again, there are many people who also encounter same mistake, those who are not ready with how single

mistake can ruined your finances.
hero member
Activity: 1610
Merit: 507
snip
Calm down, buddy. Losing money in gambling is not a mistake, but losing money continuously in gambling and not realizing, it is a mistake and will be a big mistake if you keep trying to play gambling. A lot can be learned in gambling, such as controlling yourself, limiting the use of money in gambling, learning game strategies if it is a game related to skill and so on.

Learning from our mistakes in gambling will make us careful about using money to gamble and we will limit the time and money that we will use to gamble.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me  Sad Sad Sad
My Wife would kill me if I do this lol, because She is letting me doing everything in crypto but with her knowledge .
and she even allows me to gamble but with certain amount she will give me every Payday .
you did a very wrong move and I hope that you learned many things from that.
and will never allow your self from doing this same mistakes again or else ? i would call you an gambling addict .
sr. member
Activity: 2254
Merit: 309
Seabet.io | Crypto-Casino
...
 in most cases, gamblers who can't move forward will be more aggressive in trying another shots and ended up losing more.
...

the best solution in this case is just stop gambling at least for some months because it has become a negative and no longer pleasant experience. It is practically impossible to be able to recover such a large amount by "winning". On the contrary, it's relative easy take a greater risk by chasing the winnings.
Actually have some gambler mind when losing on casino try to recovery on next casino games, they not try for stopping because always have faith can recovery with how much loss by winning on gambling again. Although impossible they not care and keep borrowing much money for active on gambling and try recovery with how much loss before. Better with stop after losing much on casino gambling and finding new way for recovery with how much loss is better than try gambling again and loss much money on casino gambling.
hero member
Activity: 2352
Merit: 594
learn from existing experience, I have now learned to take care of myself to be able to cope with gambling.
You are lucky to be able to learn from the experience because not many people are willing to do it and realize what their mistakes are. They will even continue to gamble and not think about what will happen to them in the future. We will feel very sad if we lose money at the gambling table, moreover, the money comes from wins that we never thought of before. So before it's too late, we really need to learn from our previous experiences.

What mistake? Lossing your money to a lossing bet? That's not a mistake in gambling terms that's unlucky, and there's nothing to learn from there coz that's the nature in gambling sometimes you win sometimes you lose.
When you talk about learning from your mistakes in gambling, that's actually when you stop gambling coz you've realized how much money you lost because of gambling.


Sometimes you win and you always lose. I agree that this is really the nature of gambling. You know, if you bet a certain amount, you are sure that you will lose that money and not expect a return. Also, the unlucky term is really based on luck. I think the right word really is loss because you really lose to it and accept it. Also, betting your money is a mistake because you are in the gambling world and you can really lose it. I think there are no mistakes in terms of gambling in that unless you are playing with a strategy, most of these are pure luck.
full member
Activity: 378
Merit: 167
betfury
Op you are not the only one who feels that you are plunged into the world of gambling in a hurry with minimal capital but expect thousands or even millions of times over in a bad way (borrowing money or using emergency funds). with them with good thoughts, maybe in the future if you still want to play in this fantasy world, try to manage from the profits you get and say stop to yourself. This is not easy and you need to make peace with yourself. self desire to earn more. I learned this theory from binary options
if you feel that life is unfair, consider the money you have to compensate as your investment in future gambling trips as well as memories hhehehe
hero member
Activity: 2590
Merit: 549
Rollbit
learn from existing experience, I have now learned to take care of myself to be able to cope with gambling.
You are lucky to be able to learn from the experience because not many people are willing to do it and realize what their mistakes are. They will even continue to gamble and not think about what will happen to them in the future. We will feel very sad if we lose money at the gambling table, moreover, the money comes from wins that we never thought of before. So before it's too late, we really need to learn from our previous experiences.

What mistake? Lossing your money to a lossing bet? That's not a mistake in gambling terms that's unlucky, and there's nothing to learn from there coz that's the nature in gambling sometimes you win sometimes you lose.
When you talk about learning from your mistakes in gambling, that's actually when you stop gambling coz you've realized how much money you lost because of gambling.
hero member
Activity: 1610
Merit: 507
learn from existing experience, I have now learned to take care of myself to be able to cope with gambling.
You are lucky to be able to learn from the experience because not many people are willing to do it and realize what their mistakes are. They will even continue to gamble and not think about what will happen to them in the future. We will feel very sad if we lose money at the gambling table, moreover, the money comes from wins that we never thought of before. So before it's too late, we really need to learn from our previous experiences.
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