3$ - hard earned money? And busted at $98 ? If you really worked hard to get these 3 dollars, why dont you stopped when you had, lets say 15$ ? Your greed lead to obvious result. You cant win always. If you hadnt lost at 98$, you could have lost at 99$, or 100$ or at even bigger summer. You should have controlled your emotions better.
He started with a small bet and while in game, he increases his bet until he lose everything. He becomes greedy while gambling and most probably, let his own emotion control his decision which is not good if you’re into gambling. Losing is normal in gambling, but if you don’t have the money for gambling better not to gamble at all. 
Topic: Hard earned money - Busted in seconds - page 22. (Read 3650 times)
3$ - hard earned money? And busted at $98 ? If you really worked hard to get these 3 dollars, why dont you stopped when you had, lets say 15$ ? Your greed lead to obvious result. You cant win always. If you hadnt lost at 98$, you could have lost at 99$, or 100$ or at even bigger summer. You should have controlled your emotions better.
You can read again the OP's post. He started with $3 bet not that he had $3 hard-earned money. I have the feeling that the hard-earned money was from his sig campaign. So for about 2 months of sig payment as a legendary member. That's not bad for his bankroll in betting. But unfortunately, he got busted and now, he doesn't have the money to repay for his debt. This shows that in gambling, you really have no assurance if you will be in luck or not. Better keep the money if you have something to pay, at least secure it. And then, just play with your extra.
3$ - hard earned money? And busted at $98 ? If you really worked hard to get these 3 dollars, why dont you stopped when you had, lets say 15$ ? Your greed lead to obvious result. You cant win always. If you hadnt lost at 98$, you could have lost at 99$, or 100$ or at even bigger summer. You should have controlled your emotions better.
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 
That's why we call it as gambling and many people afraid of losing in such way, when we say we can't control then there is no real solution because only we can control of our actions and be ready to face the reactions. Atleast from now on don't take a gamble with the money you need or atleast stop doing it when you lose 10 to 20% of what you have in the wallet. 
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.
Gambling is a game of chance which has seen the best probability systems fail because the house always wins, but it's all about pushing your luck you can never know when you win a roll of good hands. 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
Truth be told,gambling and debt never tag along because emotions come in as first priority which work against you in the long term. 
the question is why did he gamble it if it's meant for someone as payment? there were lots of stories like this in the past where someone took a loan to pay for a loan but instead gamble the money and lose. he instead has to person to pay. a movie like "SHARK TALE" is one of it where he asks for money from his girl to pay a loan shark but then he took a chance in a horse race. lose the bet.
sounds like a gambling problem. one solution for this is to sell his priced possession, we all have priced possession to pay the debt.
I didn't know that even a situation like this have now its own movie, that's cool but maybe they made one so that people can get a lesson with it? Watching this movie makes them avoid doing these things in the future. Kudos to the creators of that film but what could be the OP's goal on why he post this? Does he want to get a sympathy from the public?sounds like a gambling problem. one solution for this is to sell his priced possession, we all have priced possession to pay the debt.
And maybe ask for some donations but he is only afraid to say it. He should be honest and say it if I were him. I know some users won't give anything because they think it was the OP's fault but I believe that there are still users here that are kind enough to help as some of them have been in the same situation before.
I see that the OP after a short pause returned and began to write messages. It's good that everything is fine with him. I hope he will be able to quickly forget this event (not in terms of a lesson learned, but in terms of a bad mood) and maybe answer some questions that were asked to him in this thread.
That's a good sign that somewhat he is bouncing back around and have recovered mentally from those losses.
Same for me, at least 24 hours after a devastating lost, I was able to recuperate, have a good sleep and be back as normal. Maybe for some, it might take some time specially if it is a huge money that you have lost.
man this is a very complicated situation, I'm not a casino player (roulette games, blackjack out there... ) I'm more inclined towards sports betting so I don't know how far you can have a strategy for this game in that you were playing to the point where you lost everything you had. but you have to think about the following:
1 - How much money have you deposited in the casino since your first day of gambling?
2 - How much money have you withdrawn from the casino since your first day of gambling?
3 - How much money have you lost since the first day you started gambling?
It is necessary to make this assessment to be able to know if you have already won more than you have already lost, only then will you know if with the loss of that 98$ you are having losses or not. when analyzing only the present, you can fall into the mistake of thinking that you are in losses of 98$ when actually looking at a longer period of time, you are in profit. I think about what I wrote
1 - How much money have you deposited in the casino since your first day of gambling?
2 - How much money have you withdrawn from the casino since your first day of gambling?
3 - How much money have you lost since the first day you started gambling?
It is necessary to make this assessment to be able to know if you have already won more than you have already lost, only then will you know if with the loss of that 98$ you are having losses or not. when analyzing only the present, you can fall into the mistake of thinking that you are in losses of 98$ when actually looking at a longer period of time, you are in profit. I think about what I wrote
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
What a pity mate, sorry for the loss. I know how you feel losing such an amount of dollars just like that without betting with what you can afford to lose. Betting has a spirit that is not easily to control except through discipline and consistent withdrawal of profit from the gambling portfolio. I have lose more than that in gambling and the reason is not because of greed or selfishness but mere self control. The problem comes from when you are having consistent winning, you may be tricked to put good fund to win more profit but in reality, things doesn't work like that. Gambling has a spirit that always make us optimistic about our next betting. Even though we are losing, we always have that mindset that the next game will be a winning.
I see that the OP after a short pause returned and began to write messages. It's good that everything is fine with him. I hope he will be able to quickly forget this event (not in terms of a lesson learned, but in terms of a bad mood) and maybe answer some questions that were asked to him in this thread.
It is a risk in gambling that every gambler should be aware of. We can win easily but also lose in just a few minutes. If @OP can win up to $98 in a few spins and still keep playing, that means giving up on getting more money to pay attention to, and next time if you already win money like that, you better stop immediately. One more lesson that @OP learned, and it's a valuable lesson.
That was really sad to hear, sometimes you really can get tempted by the gambling for easy money but we haven't consider easy lose too. I hope this could be a lesson to you and I hope the next time you should set a limit or pay first the debt before playing and don't think of gambling to double your money I can make sure that it is not based on my experience, especially if the money is really important.
You know what they say OP. If you can't afford to lose it, don't gamble with it. Always put in for a bet what you expect to lose. The win's a bonus, anything else should be accounted for.
And if you don't know what they say? Then you shouldn't be gambling =) Still, lesson learnt for less than $100 is a great bargain, so consider yourself well made. Allow me to pat yourself on the back for that.
And if you don't know what they say? Then you shouldn't be gambling =) Still, lesson learnt for less than $100 is a great bargain, so consider yourself well made. Allow me to pat yourself on the back for that.
It is known that problems almost never arise in the beginning. Or at least almost never. Everyone wants to play with a low stake and limit. But then the inevitable happens; the money has run out. What are you doing then? Some players think it's good enough and give up and continue to play with low amounts for fun. The large group, however, raises the stakes and by now we all know how that often ends. It is more common than people think that players gamble entire capitals and bank accounts through it with all the consequences that entails. Great social impact in private and business sphere.
That is why you need to cultivate a sense of proportion and before the game to determine for yourself the maximum bankroll and the maximum bet size. It cannot be said that adherence to your original strategy throughout the game will help you win at the casino, but with such a simple tool you can educate yourself in the willpower that can not break even the most exciting game of chance.
I think you need to be able to lose.
Many people do not like to lose at gambling. They believe that they should always win. They think only fools lose.
However, this is an illusion. Wrong attitude towards the world....
It's impossible to always win. You need to be able to stop in time and fix losses. Gambling is based on luck. Failed to win today - be sure to be lucky tomorrow! It's like a zebra - one stripe is black, the other is white. Victory is followed by defeat (and vice versa).
The player must be a philosopher. If you are gambling, you cannot avoid losing your bet.
It is absolutely normal to lose your money from time to time. The most important thing is not to lose too much money.
It is known that problems almost never arise in the beginning. Or at least almost never. Everyone wants to play with a low stake and limit. But then the inevitable happens; the money has run out. What are you doing then? Some players think it's good enough and give up and continue to play with low amounts for fun. The large group, however, raises the stakes and by now we all know how that often ends. It is more common than people think that players gamble entire capitals and bank accounts through it with all the consequences that entails. Great social impact in private and business sphere.
That is why you need to cultivate a sense of proportion and before the game to determine for yourself the maximum bankroll and the maximum bet size. It cannot be said that adherence to your original strategy throughout the game will help you win at the casino, but with such a simple tool you can educate yourself in the willpower that can not break even the most exciting game of chance.
That's gambling for you it's a game of luck sometimes you win sometimes you loose,
So take the outcome and learn from your mistakes and play smart next time so you can profit,
Playing smartly in a manner that he can manage his own that spending money ain't for gambling shouldn't be done. Yeah, a lesson that will teach him to become better if he tries again next time.So take the outcome and learn from your mistakes and play smart next time so you can profit,
There is always a next opportunity.Or You can venture into other things if it isn't working out for you.
But before that, he has to make sure that there's no more debt that's waiting for him and he has to get himself out of it first. 
It is known that problems almost never arise in the beginning. Or at least almost never. Everyone wants to play with a low stake and limit. But then the inevitable happens; the money has run out. What are you doing then? Some players think it's good enough and give up and continue to play with low amounts for fun. The large group, however, raises the stakes and by now we all know how that often ends. It is more common than people think that players gamble entire capitals and bank accounts through it with all the consequences that entails. Great social impact in private and business sphere.
You must have been with gambling for quite a while and yet sometimes you still lose control of yourself and your urges. There's no one to be blamed, of course, but yourself. However, it's not just you who have gone through such experience. I myself have lost patience and made huge bets without any kind of analysis all because I had a losing streak. I have this urge to blindly and desperately gamble with bigger amounts whenever my bets are losing one after another. But the only difference here is that you are gambling with a money intended to pay a debt. That's a big no no for me.
The problem is that when you lose the urge of winning increases. This is when anyone will start making foolish mistake thinking that the next roll will recover the loss. It happens to many people but the only way out is to stop and close the screen. What happened is another lesson for you to stop using the money before it is too late. Hope you learn from your mistakes.
~snip~
If you can not control yourself while gambling then you already have a gambling addiction. And instead of complaining on a forum about bad luck, find the strength to admit that all this is your fault and seek help from professionals who will help you without too much suffering to get rid of the pernicious effects of gambling addiction.
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