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Topic: Has anyone here ever made money gambling with BTC? (Read 6632 times)

newbie
Activity: 19
Merit: 0
I have.

I'm not saying I've made enough to buy a house and a new car or anything.....so don't get the wrong impression. LOL

I only play poker really, on various sites. Yes I have made some nice pocket change from it. Yes I have lost some too.

In the past couple weeks I've made about 100 bucks playing poker here and there on some micro tables and $25 GTD's on betcoin.
For example, a couple days ago I took the $25 GTD (.50 cent buyin) for first place and it paid out $15 in btc.

Are you asking because you are unsure of the bitcoin gambling community being legit or not?
If so, you just have to be wise about where you deposit, and do research before you start going to a site.
Most well known legit and trusted bitcoin gaming sites have a good community following from here, to their forums.
IMO I trust betcoin and nitro most and love playing there. I also tool with Bitcasino and their live poker (and sometimes Roulette) its fun!

If you want to try perhaps poker or anything, look for sites that offer freerolls. It allows you to play for free, try their platform out, risking no money - and if you win the freerolls you get to keep the BTC.

Good Luck!
copper member
Activity: 924
Merit: 1007
hee-ho.
I'm not sure if I have because I never get the chance to use them.
I made about BTC2 on dice sites before I lost it all and BTC0.6 more (actually I climbed up from BTC1.4-ish loss).
member
Activity: 84
Merit: 10
★YoBit.Net★ 100+ Coins Exchange & Dice
Also I want to say that in short time you can gain profit, but in long term only loss !!!
member
Activity: 87
Merit: 10
I think people are making a lot of blanket statements about gambling.  Not everyone that gambles regularly has an addiction.  I used to play online poker frequently and do really well.  Now, I play at a brick and mortar casino and am still a profitable player.  I may go 1-2 x a week for 4-5 weeks and then not play for 6 or 8 months.  If you play slots and dice games where the house has and advantage, then you are purely relying on luck.  There is a lot of variance in poker, but in the long run the best players continue to win money.  If your goal is to have fun then find a game that you can afford and try to make the money last.  If you are trying to actually turn a profit then poker is by far the best opportunity.

You're probably right about this.  Nevertheless, I still think that most people shouldn't be looking into gambling as a way to make a profit.  Instead, use gambling as a way to have fun.  If you make a profit (you might!) then cool.  But if you're gambling money that you need for bills then that's problemantic behavior in my opinion.

I also gamble regularly and sometimes I win sometimes I lose.  I think I"m a little ahead in the long run but in any case, I wouldn't say I'm addicted.  I just play for fun with money that I'm okay with losing.

Yeah the bottom line for gambling is that you should only gamble what you can truly afford.  If you are using money allocated for bills to gamble, then you have a problem.  Many people do.  Some people have addictive personalities, so if its not gambling its something else like drugs or alcohol.  

Definitely agree that most people will lose money.  I saw something that said about 85% of poker players lose money.  Except for the top couple percent, no one can really make a living or any serious money doing it.

I personally don't like the ups and downs and the variance associated with poker.  So, I would never be able to play on a regular basis.  But, anyone that tells you that poker is mostly luck doesn't know what they are talking about.  Yes, in the short term there is a lot of luck.  You can flip a coin 10x and 10x it comes up heads.  If you flip the coin enough times it will end up 50-50 like it should.
member
Activity: 84
Merit: 10
★YoBit.Net★ 100+ Coins Exchange & Dice
just earned for 0.2 btc on dice site..

not big but at least im not losing my money for gambling it..try to gain small and the risk not so high

This is good sounds like you won some of my losses lol

I made 0.6btc from poker then lost 0.3btc on dice in a few spins then i had a go on roulette and lost another 0.15 and now i have walked away to fight another day.

I started with what i have left with but could have left with profit but i am even an more than likely down overall but it has been fun /ish/ Smiley

thats how it goes , first win then loose some, then some , finally from your pocket.
legendary
Activity: 1456
Merit: 1078
I may write code in exchange for bitcoins.
I think people are making a lot of blanket statements about gambling.  Not everyone that gambles regularly has an addiction.  I used to play online poker frequently and do really well.  Now, I play at a brick and mortar casino and am still a profitable player.  I may go 1-2 x a week for 4-5 weeks and then not play for 6 or 8 months.  If you play slots and dice games where the house has and advantage, then you are purely relying on luck.  There is a lot of variance in poker, but in the long run the best players continue to win money.  If your goal is to have fun then find a game that you can afford and try to make the money last.  If you are trying to actually turn a profit then poker is by far the best opportunity.

You're probably right about this.  Nevertheless, I still think that most people shouldn't be looking into gambling as a way to make a profit.  Instead, use gambling as a way to have fun.  If you make a profit (you might!) then cool.  But if you're gambling money that you need for bills then that's problemantic behavior in my opinion.

I also gamble regularly and sometimes I win sometimes I lose.  I think I"m a little ahead in the long run but in any case, I wouldn't say I'm addicted.  I just play for fun with money that I'm okay with losing.
sr. member
Activity: 252
Merit: 250
www.CloudThink.IO
just earned for 0.2 btc on dice site..

not big but at least im not losing my money for gambling it..try to gain small and the risk not so high

This is good sounds like you won some of my losses lol

I made 0.6btc from poker then lost 0.3btc on dice in a few spins then i had a go on roulette and lost another 0.15 and now i have walked away to fight another day.

I started with what i have left with but could have left with profit but i am even an more than likely down overall but it has been fun /ish/ Smiley
member
Activity: 87
Merit: 10
I think people are making a lot of blanket statements about gambling.  Not everyone that gambles regularly has an addiction.  I used to play online poker frequently and do really well.  Now, I play at a brick and mortar casino and am still a profitable player.  I may go 1-2 x a week for 4-5 weeks and then not play for 6 or 8 months.  If you play slots and dice games where the house has and advantage, then you are purely relying on luck.  There is a lot of variance in poker, but in the long run the best players continue to win money.  If your goal is to have fun then find a game that you can afford and try to make the money last.  If you are trying to actually turn a profit then poker is by far the best opportunity.
hero member
Activity: 602
Merit: 500
just earned for 0.2 btc on dice site..

not big but at least im not losing my money for gambling it..try to gain small and the risk not so high
legendary
Activity: 1176
Merit: 1000
I am ahead about .35 playing small stakes no hold-em. It's a great way to learn how to play poker but you will see it takes skill and luck. The luck seems to come and go and where most get hurt is you will have a day where it seems you can not lose, then you will play again and get burned by hands that it seems should be winners or you find yourself chasing all because of the last time. You need to learn to mix your play up and you can trap the better players sometimes but once you do take your winning and leave as they will eat you alive.
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Quote
What the hell, 1800$ from 20 bucks is 90x your bet, about 1% chance of doing that. Congrats man, but think about it as only 20$ lost, not 1800$ lost, because you only put in 20$. You should have pulled out at 1800 tho...

If i would gift you a million dollars and you would lose it on dice - you would still lose a million dollars, not 0$
If you gift me a million dollars, i double it to 2 million, then lose, I would still have lost out of my pocket 1 million because thats what I started with. Gifting is slightly different but its the same thing as making your own deposit.

I'd say yes and no.  I agree with you guys about the fact that I lost 1 million dollars in this scenario.  However, what if I wasn't allowed to take that money home with me?  (Some sites offer free money but no cash out unless you do a x3 rollover gambling it, eg).  And, even if I can cash it out, there's a real difference between losing my own million dollars and losing a gift.  With my own, I'm now 1million dollars poorer than before I started, with the gift, I'm in the same place as where I started.
Yes but like I said before gifts are slightly different. If someone gave me 1 million dollars first of all I would just take it and not gamble, but if I hit 10x my million but then I lose it, i still only LOST 1 million dollars, whether it was mine or not.

You could also phrase it as "a gift is one million dollars in your pocket and if you lose it you lose a million out of pocket." But if someone gave you money at a casino and told you to gamble it and keep your winnings then it is a little bit different.
Exactly, if someone gives something to do its now your money and YOU made the choice to gamble it. Now that the million is yours, if you lose it you lose a million and not zero because you could have walked away with it right then and there
newbie
Activity: 56
Merit: 0
Quote
What the hell, 1800$ from 20 bucks is 90x your bet, about 1% chance of doing that. Congrats man, but think about it as only 20$ lost, not 1800$ lost, because you only put in 20$. You should have pulled out at 1800 tho...

If i would gift you a million dollars and you would lose it on dice - you would still lose a million dollars, not 0$
If you gift me a million dollars, i double it to 2 million, then lose, I would still have lost out of my pocket 1 million because thats what I started with. Gifting is slightly different but its the same thing as making your own deposit.

I'd say yes and no.  I agree with you guys about the fact that I lost 1 million dollars in this scenario.  However, what if I wasn't allowed to take that money home with me?  (Some sites offer free money but no cash out unless you do a x3 rollover gambling it, eg).  And, even if I can cash it out, there's a real difference between losing my own million dollars and losing a gift.  With my own, I'm now 1million dollars poorer than before I started, with the gift, I'm in the same place as where I started.
Yes but like I said before gifts are slightly different. If someone gave me 1 million dollars first of all I would just take it and not gamble, but if I hit 10x my million but then I lose it, i still only LOST 1 million dollars, whether it was mine or not.

You could also phrase it as "a gift is one million dollars in your pocket and if you lose it you lose a million out of pocket." But if someone gave you money at a casino and told you to gamble it and keep your winnings then it is a little bit different.
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Quote
What the hell, 1800$ from 20 bucks is 90x your bet, about 1% chance of doing that. Congrats man, but think about it as only 20$ lost, not 1800$ lost, because you only put in 20$. You should have pulled out at 1800 tho...

If i would gift you a million dollars and you would lose it on dice - you would still lose a million dollars, not 0$
If you gift me a million dollars, i double it to 2 million, then lose, I would still have lost out of my pocket 1 million because thats what I started with. Gifting is slightly different but its the same thing as making your own deposit.

I'd say yes and no.  I agree with you guys about the fact that I lost 1 million dollars in this scenario.  However, what if I wasn't allowed to take that money home with me?  (Some sites offer free money but no cash out unless you do a x3 rollover gambling it, eg).  And, even if I can cash it out, there's a real difference between losing my own million dollars and losing a gift.  With my own, I'm now 1million dollars poorer than before I started, with the gift, I'm in the same place as where I started.
Yes but like I said before gifts are slightly different. If someone gave me 1 million dollars first of all I would just take it and not gamble, but if I hit 10x my million but then I lose it, i still only LOST 1 million dollars, whether it was mine or not.
legendary
Activity: 1456
Merit: 1078
I may write code in exchange for bitcoins.
Quote
What the hell, 1800$ from 20 bucks is 90x your bet, about 1% chance of doing that. Congrats man, but think about it as only 20$ lost, not 1800$ lost, because you only put in 20$. You should have pulled out at 1800 tho...

If i would gift you a million dollars and you would lose it on dice - you would still lose a million dollars, not 0$
If you gift me a million dollars, i double it to 2 million, then lose, I would still have lost out of my pocket 1 million because thats what I started with. Gifting is slightly different but its the same thing as making your own deposit.

I'd say yes and no.  I agree with you guys about the fact that I lost 1 million dollars in this scenario.  However, what if I wasn't allowed to take that money home with me?  (Some sites offer free money but no cash out unless you do a x3 rollover gambling it, eg).  And, even if I can cash it out, there's a real difference between losing my own million dollars and losing a gift.  With my own, I'm now 1million dollars poorer than before I started, with the gift, I'm in the same place as where I started.
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Quote
What the hell, 1800$ from 20 bucks is 90x your bet, about 1% chance of doing that. Congrats man, but think about it as only 20$ lost, not 1800$ lost, because you only put in 20$. You should have pulled out at 1800 tho...

If i would gift you a million dollars and you would lose it on dice - you would still lose a million dollars, not 0$
If you gift me a million dollars, i double it to 2 million, then lose, I would still have lost out of my pocket 1 million because thats what I started with. Gifting is slightly different but its the same thing as making your own deposit.
hero member
Activity: 812
Merit: 1000
Quote
What the hell, 1800$ from 20 bucks is 90x your bet, about 1% chance of doing that. Congrats man, but think about it as only 20$ lost, not 1800$ lost, because you only put in 20$. You should have pulled out at 1800 tho...

If i would gift you a million dollars and you would lose it on dice - you would still lose a million dollars, not 0$
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Yes , its about luck .. I started from 20bucks did 5 5 5 succes all , took 3 - 4 days , i had lot luck , i get to 1800$ from 20 bucks only .
but to bad , theres human additcion that called , I WANT MORE nevermind how much you got .. So i lost them all
but i trying now to get better and make some bitcoins..
Now i got : 0.00017516 , its someone nice donated me

but from those reasons , i learned to i needed to have stop in life and all this gambling , my tought procces was about to make money from it , then i realised its all about luck and fail , and its for fun either , But still 1800$ lost , its not that i lost 1800$ , i lost 20$ , but still hard to believe that i could save them
By the way am sorry for my english , try to understand guys !!

What the hell, 1800$ from 20 bucks is 90x your bet, about 1% chance of doing that. Congrats man, but think about it as only 20$ lost, not 1800$ lost, because you only put in 20$. You should have pulled out at 1800 tho...

yes oc i should pulled out , but its also gave me a lesson to life Smiley..
thanks for comment man.
Try to get some friends here, bitcoin isn't just about gambling. Some sites have a good chat box. This will help you not be depressed, also remember try to block the 1800 out of your mind, you will only get depressed when you think about it.

Bitcoin is not just about gambling but it seems like almost everyone is gambling, just look at all the posts that are in the gambling section. I guess it has to do with bitcoins being really easy and fast to transfer and to get from faucets since you can bet really low amounts
Bitcoin attracts lots of gamblers because its so easy and there is zero real world information needed. Depositing and withdrawing is as easy as sending an email, and the house edge of bitcoin gambling is also very small. Real world casinos always have much higher house edge.
hero member
Activity: 1624
Merit: 645
Yes , its about luck .. I started from 20bucks did 5 5 5 succes all , took 3 - 4 days , i had lot luck , i get to 1800$ from 20 bucks only .
but to bad , theres human additcion that called , I WANT MORE nevermind how much you got .. So i lost them all
but i trying now to get better and make some bitcoins..
Now i got : 0.00017516 , its someone nice donated me

but from those reasons , i learned to i needed to have stop in life and all this gambling , my tought procces was about to make money from it , then i realised its all about luck and fail , and its for fun either , But still 1800$ lost , its not that i lost 1800$ , i lost 20$ , but still hard to believe that i could save them
By the way am sorry for my english , try to understand guys !!

What the hell, 1800$ from 20 bucks is 90x your bet, about 1% chance of doing that. Congrats man, but think about it as only 20$ lost, not 1800$ lost, because you only put in 20$. You should have pulled out at 1800 tho...

yes oc i should pulled out , but its also gave me a lesson to life Smiley..
thanks for comment man.
Try to get some friends here, bitcoin isn't just about gambling. Some sites have a good chat box. This will help you not be depressed, also remember try to block the 1800 out of your mind, you will only get depressed when you think about it.

Bitcoin is not just about gambling but it seems like almost everyone is gambling, just look at all the posts that are in the gambling section. I guess it has to do with bitcoins being really easy and fast to transfer and to get from faucets since you can bet really low amounts
sr. member
Activity: 420
Merit: 250
Ever wanted to run your own casino? PM me for info
Yes , its about luck .. I started from 20bucks did 5 5 5 succes all , took 3 - 4 days , i had lot luck , i get to 1800$ from 20 bucks only .
but to bad , theres human additcion that called , I WANT MORE nevermind how much you got .. So i lost them all
but i trying now to get better and make some bitcoins..
Now i got : 0.00017516 , its someone nice donated me

but from those reasons , i learned to i needed to have stop in life and all this gambling , my tought procces was about to make money from it , then i realised its all about luck and fail , and its for fun either , But still 1800$ lost , its not that i lost 1800$ , i lost 20$ , but still hard to believe that i could save them
By the way am sorry for my english , try to understand guys !!

What the hell, 1800$ from 20 bucks is 90x your bet, about 1% chance of doing that. Congrats man, but think about it as only 20$ lost, not 1800$ lost, because you only put in 20$. You should have pulled out at 1800 tho...

yes oc i should pulled out , but its also gave me a lesson to life Smiley..
thanks for comment man.
Try to get some friends here, bitcoin isn't just about gambling. Some sites have a good chat box. This will help you not be depressed, also remember try to block the 1800 out of your mind, you will only get depressed when you think about it.
newbie
Activity: 33
Merit: 0
Yes , its about luck .. I started from 20bucks did 5 5 5 succes all , took 3 - 4 days , i had lot luck , i get to 1800$ from 20 bucks only .
but to bad , theres human additcion that called , I WANT MORE nevermind how much you got .. So i lost them all
but i trying now to get better and make some bitcoins..
Now i got : 0.00017516 , its someone nice donated me

but from those reasons , i learned to i needed to have stop in life and all this gambling , my tought procces was about to make money from it , then i realised its all about luck and fail , and its for fun either , But still 1800$ lost , its not that i lost 1800$ , i lost 20$ , but still hard to believe that i could save them
By the way am sorry for my english , try to understand guys !!

What the hell, 1800$ from 20 bucks is 90x your bet, about 1% chance of doing that. Congrats man, but think about it as only 20$ lost, not 1800$ lost, because you only put in 20$. You should have pulled out at 1800 tho...

yes oc i should pulled out , but its also gave me a lesson to life Smiley..
thanks for comment man.
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