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Topic: Hard earned money - Busted in seconds - page 13. (Read 3649 times)

legendary
Activity: 2352
Merit: 1903
Leading Crypto Sports Betting & Casino Platform
It is quite obvious that if I do not want to lose money then I should not gamble. Gambling is entertainment, not earnings, the one who thinks otherwise and "invents" strategies to beat the casino is engaged in self-deception. There are some ways to make money in the casino, but this has nothing to do with gambling and is also painstaking work.

The majority of gamblers are not stupid, and know full well that the odds are stacked against them.  It is their lack of self-discipline that makes them stick to their bad habits. The bottom line is that gamblers lose money and there is nothing anybody can do to change that. But some people, on the other hand, will persist in gambling regardless of their losses. They are enjoying the "high" of winning and therefore they continue gambling.

Don't get me wrong, I am not advocating against gambling, but many people – including myself sometimes – like gambling for its thrill. We like games and risk. It is part of the human nature, but we have to know how to balance it in our lives and always be cognizant of the dangers.

This is a difficult theoretical question  Grin
The problem is that "knowing the right thing" and "doing the right thing" are so different things that sometimes they don't intersect at all. Therefore, "not stupid" gamblers, who seem to understand everything, nevertheless make childish mistakes. This happens for various reasons, but also because being "theoretically" smart and acting smart in practice are two different things.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
I have heard many of these stories before.... people posting in gambling chat that they started with $5 and they pushed it to $150 and then losing that money within a few minutes. I think we are greedy and as soon as you won something big, you increase your bet size and you lose it quicker.  Roll Eyes

The old saying that says.... "The Only gambler that win, is the one that stops playing after a huge win" is so true. We win big.... and over time the casino just take back the winnings over time, because we do not stop playing.  Roll Eyes

This is one of the basic rules that I use when gambling. Immediately after any significant winnings I leave the casino. But according to my statistics, even this rule does not allow me to get rich by gambling. This approach allows you to spend money somewhere else and enjoy it rather than lose every last cent and leave the casino with nothing.

That's pretty much better because you know how to control your gambling activities and know when is exactly the time to stop, but for others that  gamble regularly, that simple strategy/rule is really that hard for them because most gamblers became more greedy especially if they've received some huge winnings as they believe it was their luck that day.
sr. member
Activity: 1274
Merit: 264
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This is one of the basic rules that I use when gambling. Immediately after any significant winnings I leave the casino. But according to my statistics, even this rule does not allow me to get rich by gambling. This approach allows you to spend money somewhere else and enjoy it rather than lose every last cent and leave the casino with nothing.

It might be the because you have the discipline in yourself , you have that threshold if you reach that you will stop. It is very hard for us to stop if we feel that it is our momentum , when we feel this emotion we will start to bet and bet even though our profit from our previous game is already gone we still play for us to gain more and get what we lose, a player discipline has the biggest role in gambling.

That's the problem when it comes to gambling, you cannot control yourself if you think it's your lucky day and gets excited to win more which will take more risk of losing. It would be much better if you know the gambling psychology and know when to gamble since losing our hard-earned money is really bad it will affect our emotions. Gambling is really addictive and you will get more losses than winning since it is a game of luck, but it would be much better to know how to play the game and make a strategic plan to avoid and lessen the loss which you will learn more about.
full member
Activity: 1008
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high.
The winning probability can be high but the chance of winning every game is always 1%

And how did you come to that? I don't think the chance of winning every game can be the same. Not unless all casino games are rigged.
If you bet on 1.1x the chances of winning must be higher than if you bet 99x, right?
hero member
Activity: 2646
Merit: 651
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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.
That's the technical principle of gambling and every gambler that never understands this will always go from grace to grass because she\he never gambles with the needed strategy to prevent loss.
There's a difference between understanding the rules of the game and understanding the rules of gambling profitable.
I have played game several on Roobet and when lucky on my side I always withdraw first my initial deposit with profit so I can gamble with ease and have nothing to worry about.


This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high.
The winning probability can be high but the chance of winning every game is always 1%

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
I think the problem starts from you not knowing when to stop the game or stop for some minute get back to the game maybe you can have the thought of withdraw.
hero member
Activity: 2170
Merit: 530
This is one of the basic rules that I use when gambling. Immediately after any significant winnings I leave the casino. But according to my statistics, even this rule does not allow me to get rich by gambling. This approach allows you to spend money somewhere else and enjoy it rather than lose every last cent and leave the casino with nothing.

It might be the because you have the discipline in yourself , you have that threshold if you reach that you will stop. It is very hard for us to stop if we feel that it is our momentum , when we feel this emotion we will start to bet and bet even though our profit from our previous game is already gone we still play for us to gain more and get what we lose, a player discipline has the biggest role in gambling.
hero member
Activity: 756
Merit: 629
I have heard many of these stories before.... people posting in gambling chat that they started with $5 and they pushed it to $150 and then losing that money within a few minutes. I think we are greedy and as soon as you won something big, you increase your bet size and you lose it quicker.  Roll Eyes

The old saying that says.... "The Only gambler that win, is the one that stops playing after a huge win" is so true. We win big.... and over time the casino just take back the winnings over time, because we do not stop playing.  Roll Eyes

It seems to me that from the first message in the thread it is obvious that he did not get a big win (and win in general) - he got on an unsuccessful series and tried to win back by raising the bet. He was unlucky and lost everything. Your proverb is true (for some cases) but very dangerous - if you follow it, you can lose all the money before the big win is received.
newbie
Activity: 21
Merit: 0
That's really a sad one ... Gambling can do one really bad sometimes!
sr. member
Activity: 2548
Merit: 329
You looks losing bigger fund on crypto gambling but right now still active or have stop yet on casino gambling, I ever loss on gambling but still not really bigger funds and have top totally right now what ever reason I don't try back to gambling casino again. I think not good with waste all salary for gambling and better if can't leave casino gambling yet could use few fund for gambling only after 70% until 80% salary saving for daily day needed. But depending when you still single easy for wasting all money for gambling but after have family and kids you will think one more all in on gambling.
He's an active gambler and losing $5K for 8-9 years is considered as small amount to be honest, someone can lose bigger than for a day. The thing is $5K at that time is 10 BTC and now 10 BTC with the current price is really high amount. It's not about gambling, but he's not holding his Bitcoin until now, same as many people sold their Bitcoin on 10 years ago. If someone worried to lose money on gambling, better to not gamble anything. However I don't understand why you promoting gambling but you're want to stay away from gambling.
Maybe not active in a sense that he plays every single day straight for 8 to 9 years because indeed the amount of 5k spent during that span of time is still pretty cheap. A true active gambler can spend more than that even if not 8 or 9 years but only for just a few months. Can you imagine that?

And no, I am not only talking about the rich gamblers but poor gamblers are in fact more hungry towards earning a profit on gambling and they can always borrow money for the sake of their entertainment and yes, that's their definition of entertainment, to seek for profits, not someone that just play small and don't expect any win at the end of the day.
full member
Activity: 952
Merit: 105
I have heard many of these stories before.... people posting in gambling chat that they started with $5 and they pushed it to $150 and then losing that money within a few minutes. I think we are greedy and as soon as you won something big, you increase your bet size and you lose it quicker.  Roll Eyes

The old saying that says.... "The Only gambler that win, is the one that stops playing after a huge win" is so true. We win big.... and over time the casino just take back the winnings over time, because we do not stop playing.  Roll Eyes

This is one of the basic rules that I use when gambling. Immediately after any significant winnings I leave the casino. But according to my statistics, even this rule does not allow me to get rich by gambling. This approach allows you to spend money somewhere else and enjoy it rather than lose every last cent and leave the casino with nothing.
One should not be greedy - I liked the approach of leaving the casino after winning.
The more you push and the more impulsive you become - there are grim chances that you win. So play safe!
hero member
Activity: 2772
Merit: 518
★Bitvest.io★ Play Plinko or Invest!
I have heard many of these stories before.... people posting in gambling chat that they started with $5 and they pushed it to $150 and then losing that money within a few minutes. I think we are greedy and as soon as you won something big, you increase your bet size and you lose it quicker.  Roll Eyes

The old saying that says.... "The Only gambler that win, is the one that stops playing after a huge win" is so true. We win big.... and over time the casino just take back the winnings over time, because we do not stop playing.  Roll Eyes

This is one of the basic rules that I use when gambling. Immediately after any significant winnings I leave the casino. But according to my statistics, even this rule does not allow me to get rich by gambling. This approach allows you to spend money somewhere else and enjoy it rather than lose every last cent and leave the casino with nothing.

I agree with that but I don't just leave the casino and move to other gambling site but I withdraw it with no chance of playing those credits that I withdraw since my strategy before is if I win a significant amount I withdraw it and move to other gambling site which I lose at some point so I think this rule is good for not much of a gambler players.
Looks like a superstitious belief, some gamblers really think that way, but it's their style and they are comfortable with it. As for me, I'm loyal with the gambling site I'm using as the more I gamble the more chance my level will increase and enjoy the promotion the site have for their loyal gamblers.
sr. member
Activity: 2142
Merit: 465
Telegram: @jperryC
This is one of the basic rules that I use when gambling. Immediately after any significant winnings I leave the casino. But according to my statistics, even this rule does not allow me to get rich by gambling. This approach allows you to spend money somewhere else and enjoy it rather than lose every last cent and leave the casino with nothing.
I agree with that but I don't just leave the casino and move to other gambling site but I withdraw it with no chance of playing those credits that I withdraw since my strategy before is if I win a significant amount I withdraw it and move to other gambling site which I lose at some point so I think this rule is good for not much of a gambler players.
sr. member
Activity: 2254
Merit: 309
Seabet.io | Crypto-Casino
I have heard many of these stories before.... people posting in gambling chat that they started with $5 and they pushed it to $150 and then losing that money within a few minutes. I think we are greedy and as soon as you won something big, you increase your bet size and you lose it quicker.  Roll Eyes

The old saying that says.... "The Only gambler that win, is the one that stops playing after a huge win" is so true. We win big.... and over time the casino just take back the winnings over time, because we do not stop playing.  Roll Eyes

This is one of the basic rules that I use when gambling. Immediately after any significant winnings I leave the casino. But according to my statistics, even this rule does not allow me to get rich by gambling. This approach allows you to spend money somewhere else and enjoy it rather than lose every last cent and leave the casino with nothing.
Many gambler can't allow with your step because when success with many time winner never try for leaving and try lucky for next day or take withdraw half about winning amount before use again for betting. I think you have good way keep saving and leaving the casino after significant winning and back tomorrow. But have some gambler most greedy and keep trying with bet all money although have many time winning and get much profit return, keep trying how to get much again after at the end always loss all and make them disappointed why not when have chance leaving and get profit for stopping.
legendary
Activity: 2282
Merit: 2056
I have heard many of these stories before.... people posting in gambling chat that they started with $5 and they pushed it to $150 and then losing that money within a few minutes. I think we are greedy and as soon as you won something big, you increase your bet size and you lose it quicker.  Roll Eyes

The old saying that says.... "The Only gambler that win, is the one that stops playing after a huge win" is so true. We win big.... and over time the casino just take back the winnings over time, because we do not stop playing.  Roll Eyes

This is one of the basic rules that I use when gambling. Immediately after any significant winnings I leave the casino. But according to my statistics, even this rule does not allow me to get rich by gambling. This approach allows you to spend money somewhere else and enjoy it rather than lose every last cent and leave the casino with nothing.
hero member
Activity: 2912
Merit: 556
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You know. I our religion and culture we are strongly forbidden to gamble. I am doing some research too why was gambling forbidden. And one of the reasons is you loose control over yourself. When you are in that stage - its very hard to hard to decide what to do and what not to do. Very unlucky for you. Do you still wish to continue gambling?
That is the reason why gambling is prohibited by many religions because they do not want to see the lives of people who play gambling destroyed because of addiction. Maybe if they can still control themselves it won't make them addicted but there are times when we will lose control one day and we will not realize it. If your religion forbids gambling, then it is better not to try to gamble and stay away from it because you know the consequences. But that will depends on how people will treat gambling.
legendary
Activity: 3458
Merit: 1961
Leading Crypto Sports Betting & Casino Platform
I have heard many of these stories before.... people posting in gambling chat that they started with $5 and they pushed it to $150 and then losing that money within a few minutes. I think we are greedy and as soon as you won something big, you increase your bet size and you lose it quicker.  Roll Eyes

The old saying that says.... "The Only gambler that win, is the one that stops playing after a huge win" is so true. We win big.... and over time the casino just take back the winnings over time, because we do not stop playing.  Roll Eyes
sr. member
Activity: 2254
Merit: 309
Seabet.io | Crypto-Casino
You know. I our religion and culture we are strongly forbidden to gamble. I am doing some research too why was gambling forbidden. And one of the reasons is you loose control over yourself. When you are in that stage - its very hard to hard to decide what to do and what not to do. Very unlucky for you. Do you still wish to continue gambling?

Does your religious culture allow you to scam people, or to assist with scamming others? And yet, you do just that by promoting a well-known scam casino with your signature.
Please answer that question for me, because you can't just claim that your religion prohibits such practices and then go and do them anyway. That just doesn't make sense. Therefore, either you are not religious at all or you are a sinner who will have to pay for your sins. Which one is it?

Religious culture never allow to scam people what ever way adopt still not legal when you trying scam some one, I don't entry with campaign his promote what ever he has other reason and I think this individual thing never take your opinion bring with religious culture. When some one make mistake fault them or this individual person, never bring his culture, religion or you fault his habit or his family. I know with some one promote scam site but you have punish this person not try bring with anything without have relationship with them.
full member
Activity: 1008
Merit: 138
★Bitvest.io★ Play Plinko or Invest!
You know. I our religion and culture we are strongly forbidden to gamble. I am doing some research too why was gambling forbidden. And one of the reasons is you loose control over yourself. When you are in that stage - its very hard to hard to decide what to do and what not to do. Very unlucky for you. Do you still wish to continue gambling?

Does your religious culture allow you to scam people, or to assist with scamming others? And yet, you do just that by promoting a well-known scam casino with your signature.
Please answer that question for me, because you can't just claim that your religion prohibits such practices and then go and do them anyway. That just doesn't make sense. Therefore, either you are not religious at all or you are a sinner who will have to pay for your sins. Which one is it?
hero member
Activity: 2660
Merit: 614
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
You know. I our religion and culture we are strongly forbidden to gamble. I am doing some research too why was gambling forbidden. And one of the reasons is you loose control over yourself. When you are in that stage - its very hard to hard to decide what to do and what not to do. Very unlucky for you. Do you still wish to continue gambling?

Isn't it strange that your religion forbids playing gambling but allows you to promote gambling sites by your signature  Huh

Well, self control is something that comes with experience. Few experienced gamblers have control over their emotions and they play safe gambling but the majority of the gamblers are aggressive and they either win big or lose everything.
hero member
Activity: 1428
Merit: 931
🇺🇦 Glory to Ukraine!
To be honest, I didn't quite get your point. Maybe you missed the context of the discussion? I have no problems with the feeling of excitement, on the contrary, I look for this feeling when I place bets, because for me this is entertainment and not a way to make money. If I was emotionally empty during the game, then I would not play at all.
Well, gambling is really for entertainment and that kind of rush in emotion which some people do really seek off.The thrill, the excitement the suspense when you do know that you are betting into something.
Im talking about hard earned money where it is been mainly be affected on this kind of situation where you do love to play but you do need to spend up those funds.So self control would be
crucial on here.If you dont like to lose those funds then better stop and immediately cut off that excitement of yours no matter how tempting it would be.

It is quite obvious that if I do not want to lose money then I should not gamble. Gambling is entertainment, not earnings, the one who thinks otherwise and "invents" strategies to beat the casino is engaged in self-deception. There are some ways to make money in the casino, but this has nothing to do with gambling and is also painstaking work.

The majority of gamblers are not stupid, and know full well that the odds are stacked against them.  It is their lack of self-discipline that makes them stick to their bad habits. The bottom line is that gamblers lose money and there is nothing anybody can do to change that. But some people, on the other hand, will persist in gambling regardless of their losses. They are enjoying the "high" of winning and therefore they continue gambling.

Don't get me wrong, I am not advocating against gambling, but many people – including myself sometimes – like gambling for its thrill. We like games and risk. It is part of the human nature, but we have to know how to balance it in our lives and always be cognizant of the dangers.
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