Topic: Have you ever looked at how much you have wagered with a hanging mouth? :P (Read 1178 times)

Quote from: UmerIdrees on July 25, 2019, 08:41:50 AM

Well on PD I was a VIP so I have wagered 100BTC+ there and today that would be $1mio+.

And yes, thats a lot but I wagered a lot when the BTC price was a lot lower then nowadays.

That was too much wagered.
And what was the result have you gain that you wagered?
Even me, I can't wager even a fraction of bitcoin because I gamble one or twice a week and that was for fun.
That's a good thing to OP that he decided to quit earlier rather than he loses more than 15 bitcoin which a huge amount and I can build a house on that amount.

OP didn't lost 15 bitcoin, he has just wagered 15 bitcoin. So for the most players here wagering 15 bitcoin isn't that much. Some do it within a few bets.

Yes, there is a difference between wagering 15 Bitcoins and depositing 15 BTC. If you have 1 btc or even 0.5 btc deposit in the gambling site, it wont take long before your wagering could reach upto 15 btc.

Yea amount "wagered" is a bit misleading, technically you could just bet a few BTC with 99:1 odds. Would suck if you ever lost though lol.

Just couple of days ago someone on the forum has wagered with 7 Bitcoin and lost. $ Bitcoins won afterwards but what’s the benefits then? Doing a Bitcoin trade would have been much lucrative with 7 Bitcoin. IN other words, I think if there is enough possibility for you to win at the sports betting, which of course require some experience, you should still be mindful about how much you wager.

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Quote from: 1982dre on July 25, 2019, 01:19:49 AM

Quote from: jhongzjhong on July 15, 2019, 10:05:42 AM

Quote from: 1982dre on July 25, 2019, 01:19:49 AM

Well on PD I was a VIP so I have wagered 100BTC+ there and today that would be $1mio+.

And yes, thats a lot but I wagered a lot when the BTC price was a lot lower then nowadays.

That was too much wagered.
And what was the result have you gain that you wagered?
Even me, I can't wager even a fraction of bitcoin because I gamble one or twice a week and that was for fun.
That's a good thing to OP that he decided to quit earlier rather than he loses more than 15 bitcoin which a huge amount and I can build a house on that amount.

OP didn't lost 15 bitcoin, he has just wagered 15 bitcoin. So for the most players here wagering 15 bitcoin isn't that much. Some do it within a few bets.

Yes, there is a difference between wagering 15 Bitcoins and depositing 15 BTC. If you have 1 btc or even 0.5 btc deposit in the gambling site, it wont take long before your wagering could reach upto 15 btc.

Yea amount "wagered" is a bit misleading, technically you could just bet a few BTC with 99:1 odds. Would suck if you ever lost though lol.

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Quote from: jhongzjhong on July 15, 2019, 10:05:42 AM

Quote from: jhongzjhong on July 15, 2019, 10:05:42 AM

Well on PD I was a VIP so I have wagered 100BTC+ there and today that would be $1mio+.

And yes, thats a lot but I wagered a lot when the BTC price was a lot lower then nowadays.

That was too much wagered.
And what was the result have you gain that you wagered?
Even me, I can't wager even a fraction of bitcoin because I gamble one or twice a week and that was for fun.
That's a good thing to OP that he decided to quit earlier rather than he loses more than 15 bitcoin which a huge amount and I can build a house on that amount.

OP didn't lost 15 bitcoin, he has just wagered 15 bitcoin. So for the most players here wagering 15 bitcoin isn't that much. Some do it within a few bets.

Yes, there is a difference between wagering 15 Bitcoins and depositing 15 BTC. If you have 1 btc or even 0.5 btc deposit in the gambling site, it wont take long before your wagering could reach upto 15 btc.

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Quote from: Reatim on July 24, 2019, 11:48:50 AM

Well on PD I was a VIP so I have wagered 100BTC+ there and today that would be $1mio+.

And yes, thats a lot but I wagered a lot when the BTC price was a lot lower then nowadays.

That was too much wagered.
And what was the result have you gain that you wagered?
Even me, I can't wager even a fraction of bitcoin because I gamble one or twice a week and that was for fun.
That's a good thing to OP that he decided to quit earlier rather than he loses more than 15 bitcoin which a huge amount and I can build a house on that amount.

OP didn't lost 15 bitcoin, he has just wagered 15 bitcoin. So for the most players here wagering 15 bitcoin isn't that much. Some do it within a few bets.

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Nope because never in my vocabulary that I need to check my losses whe I cannot just ignore it and continue my journey anyway there’s no sense in doing such

Though sometimes I am figuring those in my mind specially when time comes that I am broke and no enough money to play.but ofcourse it’s just because I am bored and nothing to spend with to play

If we look at our past and calculate our loses in gambling we will always remain sad and wished if we could changed the past. Remember that we should only play gambing with our extra money and should make up our mind that the money invested in gambling can be lost and we should not repent on this loss.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

With all what you’ve said mate?this is the only words that capture my attention and you also got me here!!

Forget about the wagered amount this will only frustrate you but instead you must be proud of what you did in past because this brings you to change the direction of life..and Quitting is the best part of this

Anyway I never wagered on my gambling history but what my concern is to be like you,totally quitting gambling

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Quote from: Moiyah on July 24, 2019, 10:49:13 PM

Whenever I looked back at my wagered, I almost choke. Jome, but kidding aside. I have so much total wagered that I can not imagined I have almost reached 1btc though. And the reality sucks that my profits is just too small and I can count on my fingers how many times did I just payout. Anyway, this is gambling. Accept the fact that this is the consequences of gambling

That's the reality of gambling. You don't realize you just lose more compared to what you win. You just think of the prize or profit if you will win. Gambling is just all about luck and people shouldn't treat it to earn extra money but as an entertainment only.

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Whenever I looked back at my wagered, I almost choke. Jome, but kidding aside. I have so much total wagered that I can not imagined I have almost reached 1btc though. And the reality sucks that my profits is just too small and I can count on my fingers how many times did I just payout. Anyway, this is gambling. Accept the fact that this is the consequences of gambling

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Quote from: DoublerHunter on July 24, 2019, 01:44:03 PM

I never look back my losses because I know it gives a headache to me lol. Seriously, I never calculate my loss because I know I am wagering more than 1 bitcoin and that is a huge amount at these days. For me, as long as it gives and entertainment and I enjoy my fund to wager without calculation of losing fund. These words always bearing in my mind that only gamble what you can afford and when we are talking of losses more than a whole number of bitcoin that is already a big amount.

Even myself i never tried calculating all my losses because for sure i have lose too much more than the amount i won.The fact that i'm into gambling i have already set my mind that i may lose in just a minute or win either.So we should only gamble on the amount intended for gambling only to avoid regrets and frustrations in the end.

Its just a big stress if you think about your losses and you will just regret those days, its really not good. I also lose money but I don't care anymore because for sure that time I enjoy playing and I know that money is just a free money for me. If you gamble you must forget that its your money because it can lose anytime.

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Quote from: maydna on July 24, 2019, 07:52:44 PM

Sometimes if we know how much we losses can make us stress, depression, feeling bad, and we want to recover the losses by playing gambling more and more. And if we are in those conditions, I guess we cannot control ourselves to prevent more losses because all we think is about how to recover the losses and we can get back the money. We will think that ouch I spend too much money on gambling, I will try to get my money back, and I will play for some round. But if we have a strong control for ourselves, we will not think like that, and we will let it go because that is the risk in the gambling game.

Strong control is admitting that you have a gambling addiction in the first place. Gambling addicts like to justify their losses when it reality there is nothing to justify their losses but themselves and their addiction.

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Quote from: Naida_BR on July 24, 2019, 01:30:24 PM

Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

I don't want to make those calculations for my losses!
Probably I would fall in depression after that as I would think so many things that I would do with that money If I haven't gambled them in the casinos.
I know that I am in Loss as you do, but it is better not to know the amount...

Sometimes if we know how much we losses can make us stress, depression, feeling bad, and we want to recover the losses by playing gambling more and more. And if we are in those conditions, I guess we cannot control ourselves to prevent more losses because all we think is about how to recover the losses and we can get back the money. We will think that ouch I spend too much money on gambling, I will try to get my money back, and I will play for some round. But if we have a strong control for ourselves, we will not think like that, and we will let it go because that is the risk in the gambling game.

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I never look back my losses because I know it gives a headache to me lol. Seriously, I never calculate my loss because I know I am wagering more than 1 bitcoin and that is a huge amount at these days. For me, as long as it gives and entertainment and I enjoy my fund to wager without calculation of losing fund. These words always bearing in my mind that only gamble what you can afford and when we are talking of losses more than a whole number of bitcoin that is already a big amount.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

I don't want to make those calculations for my losses!
Probably I would fall in depression after that as I would think so many things that I would do with that money If I haven't gambled them in the casinos.
I know that I am in Loss as you do, but it is better not to know the amount...

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Nope because never in my vocabulary that I need to check my losses whe I cannot just ignore it and continue my journey anyway there’s no sense in doing such

Though sometimes I am figuring those in my mind specially when time comes that I am broke and no enough money to play.but ofcourse it’s just because I am bored and nothing to spend with to play

Quote from: sana54210 on July 24, 2019, 08:29:23 AM

I waggered over 2 or 3 bitcoin but i think put a 99% winning chance is a high risk and can lose all if a bad series comes but maybe some people win with this strategy, but if lose a lot on gambling people should stop it because this can affect them.

Really!?well if that’s what you’ve said the I will just believe it lol.3 Bitcoin is a big amount this days not unless you are like OP who had accumulate his bitcoin when it was very cheap

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Quote from: bitgolden on July 22, 2019, 09:51:41 AM

In my opinion, regardless the strategy used on whatever sites, looking back at the amount wagered will always leave players with a hanging mouth, so please ignore all this this breakdown and calculations you are doing and focus on looking exactly at what you have done with gambling , the reason you have wasted so much money and the last question to be asked, if it’s truly worth it?

I have done this for some days now and have really noticed that I have wasted a lot of money and I don’t think it’s worth it. Although I had fun playing but this money could have done very well in the lives of some people. I try to imagine how much lives over 8BTC could have changed, how many school fees it could have paid for the less privileged, but here I have wasted it all on different gambling sites without profits or hope of getting back.

Point of correction please, not all players regret the money they have spent on gambling, no matter the amount. I feel those with dropping jaws are players who have not been following the number one rule of gambling which is never gamble what you cannot afford to lose. If this has been your guide, then irrespective of the amount you see, you would not consider it an amount that could have done other thing.

After all, if you are to look back at all the expenses you have made so far on clothing, drinks and even ladies for those of us that do that, we would realize its more the amount used in gambling. For me, no amount spent on gambling is a waste. And I will say that it’s completely worth it because I had fun for the times I played and I can say that I got value for my money.

I agree with you. A lot of people usually like to see how someone won a jackpot and quick to sing how lucky he is without even taking time to understand how much he must have wagered or lost before winning such huge amount. Another factor to consider is that, the amount you have wagered most time does not means the amount you have lost rather its the amount staked which could have come back to you when you win or lost when you fail to win. The most important factor is your net position if you in a serious red, then you are probably in the wrong line of trade and focus should be diverted somewhere else.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

Using the amount you have wagered can be very deceiving especially if you play with those kind of odds, it is way better to try to determine how much money you have deposited in the casinos over the time period in which you were a gambler, anyway now that you have quit gambling it is important that you find another hobby and if possible you should find one that does not require to spend any of your bitcoin, after all we do not know when it could skyrocket and change your life in the process.

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Quote from: bitgolden on July 22, 2019, 09:51:41 AM

In my opinion, regardless the strategy used on whatever sites, looking back at the amount wagered will always leave players with a hanging mouth, so please ignore all this this breakdown and calculations you are doing and focus on looking exactly at what you have done with gambling , the reason you have wasted so much money and the last question to be asked, if it’s truly worth it?

I have done this for some days now and have really noticed that I have wasted a lot of money and I don’t think it’s worth it. Although I had fun playing but this money could have done very well in the lives of some people. I try to imagine how much lives over 8BTC could have changed, how many school fees it could have paid for the less privileged, but here I have wasted it all on different gambling sites without profits or hope of getting back.

Point of correction please, not all players regret the money they have spent on gambling, no matter the amount. I feel those with dropping jaws are players who have not been following the number one rule of gambling which is never gamble what you cannot afford to lose. If this has been your guide, then irrespective of the amount you see, you would not consider it an amount that could have done other thing.

After all, if you are to look back at all the expenses you have made so far on clothing, drinks and even ladies for those of us that do that, we would realize its more the amount used in gambling. For me, no amount spent on gambling is a waste. And I will say that it’s completely worth it because I had fun for the times I played and I can say that I got value for my money.

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Quote from: bitmover on July 15, 2019, 05:20:14 AM

Using 99% chance of win is a terrible strategy imo.
Because if you lose, you lose all. And if you win you get almost nothing .
Anyway, I believe that unless you are very lucky, every strategy is going to lead you to a loss someday

And also a 99% chance is not always my win, too, loss in row with 99% doesn't make sense, but that's the truth. sometimes I think whether the system gambling is like the system has been prepared to make profits for their website or pure depends on dependence. but the chance of 99% for most likely gambling will lose everything and earn nothing.

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Quote from: LFC_Bitcoin on July 22, 2019, 10:49:29 AM

I only gamble with amounts that I can afford to lose on a week by week basis but around a year ago I looked at my profit/loss on my Paddy Power betting account & I can tell you it was not pretty viewing

If we are all to compare the profit/losses on gambling and then decide if we are playing by that then we will no longer have gamblers aside those who have won big money. Gambling has not been favorable to over 85% of its players for no reasons, I think majority of us playing are only doing it for entertainment.

If profit making is really the essence of gambling, then it’s obvious there are more losers. I started gambling because I saw it as an avenue to make money but weeks into the game, I realized it’s never possible because each time I do my game assessment, I discover what is lost is much more than what is gained. Then I made up my mind to only play for the entertainment and this is what I have been doing.

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Am not seeing the reason why I should know how much I waged on gambling because that could be a source of discouragement in the gambler's life. Personally, I am not too good in remembering the past as remembering them will keep me in pains.
Much as I know that am winning while wagged, am okay with the profits that come alongside with it period.

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Quote from: davis196 on July 23, 2019, 02:13:01 AM

Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

I've always used really small amounts of btc to bet so I never had any big wager amounts.
It's pretty normal if you are loss after consistent gambling on dice sites or sports betting platforms.
The more you play,the more you lose,but if you have enough money(which you can afford to lose) and you do it for fun,it's OK to gamble.

But not all gamblers can realize that, and they only think to continue to gamble and lose more money. The more money you used, the bigger money you will wager, but that is not wise to use bigger money to play gambling and don't bet with bigger money if you don't want to see a big loss. It is better to use small amounts of btc to play so we don't think about how big the wager amounts.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

I've always used really small amounts of btc to bet so I never had any big wager amounts.
It's pretty normal if you are loss after consistent gambling on dice sites or sports betting platforms.
The more you play,the more you lose,but if you have enough money(which you can afford to lose) and you do it for fun,it's OK to gamble.

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Quote from: Lawrenzoo on July 20, 2019, 10:57:40 AM

Glad i never see how much i wager, because sometime what i play in 99 dice i create new id to refresh my bet. Don't know it is rumors or not but some people said that not really good to keep use 1 account in dice gambling site.

Indeed. The probably fair ot an account in dice game tends to be more favorable for a new accoint in my opinion. This is what I observed while playing it that's why I keep changing my probably fair atleast once a week. It somehow works to me but when it doesn't, I just tend to create another account believing that it will bring me more luck.

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Its better never to look it

Contrarily, it is very important to look at it and have a gambling self-assessment. I think this would let you know if you have been doing well and if not, to find the way out or to think of new strategies to improving in gambling. I tried this and felt awkward on how poorly I have been gambling and this is helping me device new ways I could improve in this gambling industry

Although it can be devastating when we find out we have really lost but the consolation is the fun we had playing. That’s how I encouraged myself because I felt ashamed seeing on that had gone on the game but I realized the fun was okay for the money. If I didn’t play or loose, I believe the money would have still gone for other less important things.

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Quote from: bitgolden on July 22, 2019, 09:51:41 AM

but here I have wasted it all on different gambling sites without profits or hope of getting back.

This is a wrong mindset, IMO Gambling is not about profit.

Quote from: bitgolden on July 22, 2019, 09:51:41 AM

so please ignore all this this breakdown and calculations you are doing and focus on looking exactly at what you have done with gambling , the reason you have wasted so much money and the last question to be asked, if it’s truly worth it?

You "waste" money for different reasons, one of which is for entertainment purpose, such as watching movies, buying high-speed internet plan, and many more. I consider gambling is a form of entertainment for those who prefer adrenaline rush.

For me, it is worth a few bucks every weekend, no more than that.

Quote from: iMark on July 21, 2019, 10:54:45 AM

the most important thing is the pleasure and benefits that you get, it's useless to make big wagered but you're not get profit or not enjoying it

Nice, gambling responsibly mate.

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I did, and I'm not proud of it, though it's nothing close to what you degenerates here have wasted on gambling. I'm more of a parlay guy and I just chuck in my $10 at most on a local sportsbook or online and just hope for the best. The largest I got off of a parlay was $3240 from a 14-leg NBA game in season 2017-2018. Idk how the hell did I managed to hit that but the next thing I know is I'm buying one of the most expensive drink on a local pub basking on the silence of my victory.

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Quote from: iamsheikhadil on March 29, 2019, 11:28:08 AM

OP, are you sure about that amount? As far as I remember you recently cleared your high school and preparing for engineering ( it means you are not older than 20 years) and you are from India, West Bengal. May I know how long you have been in gambling?

Your statement might be correct, but I am sure then you mistakenly posted this topic with your Alt account Tongue

. if not then stop posting BS plz

This is your post.

Hi, I am a recent high-school passed out with decent grades in Math, Physics and Chem and currently preparing for engineering entrances for undergraduate courses in computer science engineering in a good college. I am fluent in three languages which are English, Bengali and Hindi of which Bengali is my native language. I would love to know if there are any jobs I am suitable for Grin

do lemme know Cool

It's not impossible with bitcoins actually as in gambling sites, so many times people have managed to triple their amount and then wagered it again and again and plus gambling sites give bonuses and all. It's the wagered amount and doesn't mean that he deposited it.

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I only gamble with amounts that I can afford to lose on a week by week basis but around a year ago I looked at my profit/loss on my Paddy Power betting account & I can tell you it was not pretty viewing

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Quote from: Betwrong on July 20, 2019, 09:10:40 AM

Quote from: mu_enrico on July 18, 2019, 10:18:24 AM

--snip

Yeah, right, that's what I've noticed, with martingale you normally lose much more than just site's house edge. Almost all my big losses on dice sites occurred because of martingale. But if I play with the highest win chance possible (without increasing 10,000% on loss), I lose very close to 1% of the wagered amount if the house edge of the site is 1%, and it's close to 0.8% if the HE is 0.8% and so on.

My point is, if someone wagered 10 BTC on a dice site with 1% HE, it doesn't mean he/she lost around 0.1 BTC, like someone stated earlier in this thread, but they could lose more or win even. The only case when you really lose around the HE is when you play "long enough", as you said, or, in other words, when you make over 10,000 bets, from my experience, and when you never increase on loss, but just roll and roll with the highest win chance possible.

In my opinion, regardless the strategy used on whatever sites, looking back at the amount wagered will always leave players with a hanging mouth, so please ignore all this this breakdown and calculations you are doing and focus on looking exactly at what you have done with gambling , the reason you have wasted so much money and the last question to be asked, if it’s truly worth it?

I have done this for some days now and have really noticed that I have wasted a lot of money and I don’t think it’s worth it. Although I had fun playing but this money could have done very well in the lives of some people. I try to imagine how much lives over 8BTC could have changed, how many school fees it could have paid for the less privileged, but here I have wasted it all on different gambling sites without profits or hope of getting back.

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Quote from: bitmover on July 15, 2019, 05:20:14 AM

Using 99% chance of win is a terrible strategy imo.
Because if you lose, you lose all. And if you win you get almost nothing .

The strategy he mentioned was just an example he only wants to point out that the total wagered amounts can easily add up and afaik you can't make a bet with a 99% chance.
On most dice sites the highest you could go for is 98%.

I also have that surprised feeling when I haven't checked my overall stats for some time but I don't leave my mouth hanging.

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I did not wager much. On dice it was maybe 0.04BTC and that's it, but I always play on 50% bets, never 99% or something like OP.

I wagered a bit more on blackjack but it's still less than 1BTC in 4 years. Not something I'd go crazy about. I managed to keep it pretty steady with a small loss on dice and a small win on BJ.

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Quote from: Lawrenzoo on July 20, 2019, 10:57:40 AM

Its better never to look it

Yes,becaise it won't change anything even if we lot all the money or changed our life fom garbage to millionaire.Just no use of calculating how much we spend but it might helpful for the people who were addicted to gambling to know how much they lost and it will realized later to change their behaviour towards gambling.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

Just checked my bitsler account and seems I have wagered up to 3 bitcoin while I'm still in profit of 0.02 bitcoin. Btw it would be great if our profit was our wagered amount of money, sounds very nice. I was usually playing with 0.04 bitcoin and my aim was to profit 10% or if I lose 10%, I'd stop. Had some loses and wins but finally got in profit of 0.02 bitcoin. And oh, I was playing with 60-70% chance of win, so seems I wagered 3 bitcoin pretty easily with some profit, good job.

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Quote from: mu_enrico on July 20, 2019, 10:55:43 PM

Nice explanation @Betwrong, I agree with you 100%

This thread has turned into a riot with some people making up accusations that I never wagered 15 btc. And some are quoting one of my post that I graduated high school recently and hence I can never wager 15 btc.

Just ignore it mate, they just don't understand getting accumulative 15 BTC wagered is not the same as having a whole 15 BTC in the wallet. Anyway, it's still possible for a high school graduate to have 15 BTC in his wallet.

Concerning this topic, sure you will get amazed at how much you have wagered, but that is not a useful metric. Total profits/losses, as mentioned by @Betwrong, is a much better metric.

Maybe some people think gambling with a capital of 15 btc in 1 month, even though wagered is accumulative of the total gambling that you do. even just with 0.1 btc can reach more than 15 btc in 1 month if he is an active gambler. so am I, in just 1 week I can get wagered a few btc with only a small capital. No problem about how big wagered is not too important for me, the most important thing is the pleasure and benefits that you get, it's useless to make big wagered but you're not get profit or not enjoying it

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Nice explanation @Betwrong, I agree with you 100%

Quote from: mu_enrico on July 18, 2019, 10:18:24 AM

This thread has turned into a riot with some people making up accusations that I never wagered 15 btc. And some are quoting one of my post that I graduated high school recently and hence I can never wager 15 btc.

Just ignore it mate, they just don't understand getting accumulative 15 BTC wagered is not the same as having a whole 15 BTC in the wallet. Anyway, it's still possible for a high school graduate to have 15 BTC in his wallet.

Concerning this topic, sure you will get amazed at how much you have wagered, but that is not a useful metric. Total profits/losses, as mentioned by @Betwrong, is a much better metric.

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Quote from: Betwrong on July 17, 2019, 10:02:32 AM

if you play with the highest win chance possible, you lose exactly the house edge from the wagered amount after around 10k bets made.

I believe that is because you have to play long enough so that the math starts to get "activated." In order to have around 1% loss, you must play x amount of rolls.

In your two examples, you simply didn't (or can't) play long enough. Hence without unlimited money, and let's say you used martingale, you will exit really fast.

Yeah, right, that's what I've noticed, with martingale you normally lose much more than just site's house edge. Almost all my big losses on dice sites occurred because of martingale. But if I play with the highest win chance possible (without increasing 10,000% on loss), I lose very close to 1% of the wagered amount if the house edge of the site is 1%, and it's close to 0.8% if the HE is 0.8% and so on.

My point is, if someone wagered 10 BTC on a dice site with 1% HE, it doesn't mean he/she lost around 0.1 BTC, like someone stated earlier in this thread, but they could lose more or win even. The only case when you really lose around the HE is when you play "long enough", as you said, or, in other words, when you make over 10,000 bets, from my experience, and when you never increase on loss, but just roll and roll with the highest win chance possible.

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Quote from: Oceat on July 19, 2019, 12:14:46 PM

Well, if i have to recall all of my money who got lost in gambling that would be my reaction too. lol
We all have been there since no one can stop us from playing gambling in the first place since it is our choice because we all have different reasons why we play anyway. But looking at the money that you spent just by playing a gamble, it will leave a shocking face and thought though. Grin

Hahah. True.
I wouldn't want to ever calculate my loss in gambling too, it can be discouraging considering the facts that sometimes my loss tends to be a hit higher. Especially the time I started out, during the trial and error stage.

This exact is why many people frown at gambling; the lose. However, its good to always keeps tabs of it. Its a way of keeping us in check of when to stop and continue.

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Well, if i have to recall all of my money who got lost in gambling that would be my reaction too. lol
We all have been there since no one can stop us from playing gambling in the first place since it is our choice because we all have different reasons why we play anyway. But looking at the money that you spent just by playing a gamble, it will leave a shocking face and thought though. Grin

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It seems to me that all statements sound frivolously that no one is interested in the amount of their bets or the funds spent on gambling. If we were rich enough, we would not be engaged in this activity, which gives a profit of 50 to 50. Based on this, we can assume that money should always be under our control.

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Quote from: virasog on July 19, 2019, 11:26:12 AM

Quote from: pieppiep on July 18, 2019, 04:27:21 AM

I don't look at how much the wager I made before because if I am guessing, I think it's not more than 0.01 btc and as now, bitcoin price is up and down, so I think the amount in the dollar will be random Grin

A real gambler never takes a look at how many wagers he made because he only calculates on how much profit he will make and if he loses, he will not think too much and only try to make more profit.

I agree on you.As a gambler,calculating the amount of money which you happen to lose is not really a good idea because it will make you feel upset.Gamble only on the amount intended for gambling and never make use even your savings to make you satisfied.After all,gambling is just for fun and not really a source of income.

Even though counting the money which you lost in gambling is a waste of time but if you simply forget it and play with new money, there are chances that you will lose more money. If you remember the money you lost in gambling, you might be careful in future and may not unnesesarily spent big amount in gambling.

thats true . it happens to me once .i was lying in my bed and it suddenly comes to my mind about the losses that i made on gambling , it was lottery that i play the most . in my head , i say that if i calculate all my lotto betting from the past i think im already a half millionaire now but its not yet too late too change , so i change for the better and i now gambling/betting moderately , completelty different from the past where i bet lotto every single day

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Quote from: pieppiep on July 18, 2019, 04:27:21 AM

I don't look at how much the wager I made before because if I am guessing, I think it's not more than 0.01 btc and as now, bitcoin price is up and down, so I think the amount in the dollar will be random Grin

A real gambler never takes a look at how many wagers he made because he only calculates on how much profit he will make and if he loses, he will not think too much and only try to make more profit.

I agree on you.As a gambler,calculating the amount of money which you happen to lose is not really a good idea because it will make you feel upset.Gamble only on the amount intended for gambling and never make use even your savings to make you satisfied.After all,gambling is just for fun and not really a source of income.

Even though counting the money which you lost in gambling is a waste of time but if you simply forget it and play with new money, there are chances that you will lose more money. If you remember the money you lost in gambling, you might be careful in future and may not unnesesarily spent big amount in gambling.

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Quote from: Johnzky on July 18, 2019, 12:12:30 PM

Even if you want to stop, you still can't stop betting, it is so hard that you don't see the losses that you are having at that time that you are gambling. You are blinded by the fact that you are losing and at the same time winning good amounts but still can't cover up that losses that you made. I am addicted in the past, I am always saying it and I am so so thankful to my wife that stopped me from being addicted to gambling though I still gamble, it is different now since I can stop myself whenever I want to.

There's always a part of you who's keep whispering to play still, good thing that you'll be able to control it now and you can quit whenever you think that it's needed for you to go, good enough instead of keeps on trying to recover but always losing your money, you have set things out and you need to follow things out in order not to fall back and be addicted once again.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

OP, are you sure about that amount? As far as I remember you recently cleared your high school and preparing for engineering ( it means you are not older than 20 years) and you are from India, West Bengal. May I know how long you have been in gambling?

Your statement might be correct, but I am sure then you mistakenly posted this topic with your Alt account Tongue

. if not then stop posting BS plz

This is your post.

Quote from: iamsheikhadil on March 29, 2019, 11:28:08 AM

Hi, I am a recent high-school passed out with decent grades in Math, Physics and Chem and currently preparing for engineering entrances for undergraduate courses in computer science engineering in a good college. I am fluent in three languages which are English, Bengali and Hindi of which Bengali is my native language. I would love to know if there are any jobs I am suitable for Grin

do lemme know Cool

F*ck you got him there 😂 a high school graduate and looking for a job wasting 15btc in gambling?common man even if a 5 year old kid will find his just making story here

15 btc as mention by OP amounting 150,000$ for 10,500$ value and that’s not a small amount that a high school graduate can have.unless he is the teenager that bought bitcoin back in 2009 and become a millionaire in 2017 😂

Even he had bought bitcoin back on early years he wouldn't tend out to find out some job yet he do already have lots of money.

Nice catch we have here which do proves out that OP saying BS thing which shouldn't really be believed on.Gamblers wont easily tell
their huge loss into public but rather keeping it a secret all by themselves.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

OP, are you sure about that amount? As far as I remember you recently cleared your high school and preparing for engineering ( it means you are not older than 20 years) and you are from India, West Bengal. May I know how long you have been in gambling?

Your statement might be correct, but I am sure then you mistakenly posted this topic with your Alt account Tongue

. if not then stop posting BS plz

This is your post.

Quote from: iamsheikhadil on March 29, 2019, 11:28:08 AM

Hi, I am a recent high-school passed out with decent grades in Math, Physics and Chem and currently preparing for engineering entrances for undergraduate courses in computer science engineering in a good college. I am fluent in three languages which are English, Bengali and Hindi of which Bengali is my native language. I would love to know if there are any jobs I am suitable for Grin

do lemme know Cool

F*ck you got him there 😂 a high school graduate and looking for a job wasting 15btc in gambling?common man even if a 5 year old kid will find his just making story here

15 btc as mention by OP amounting 150,000$ for 10,500$ value and that’s not a small amount that a high school graduate can have.unless he is the teenager that bought bitcoin back in 2009 and become a millionaire in 2017 😂

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Quote from: Mahanton on July 17, 2019, 09:22:42 AM

Martingale is common but its impossible for most to stop on midway after winning some several bets yet they do push it hard until the very end until their
balance becomes zero.

Been there, done that Grin

Quote from: Betwrong on July 17, 2019, 10:02:32 AM

if you play with the highest win chance possible, you lose exactly the house edge from the wagered amount after around 10k bets made.

I believe that is because you have to play long enough so that the math starts to get "activated." In order to have around 1% loss, you must play x amount of rolls.

In your two examples, you simply didn't (or can't) play long enough. Hence without unlimited money, and let's say you used martingale, you will exit really fast.

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Quote from: pieppiep on July 18, 2019, 04:27:21 AM

I don't look at how much the wager I made before because if I am guessing, I think it's not more than 0.01 btc and as now, bitcoin price is up and down, so I think the amount in the dollar will be random Grin

A real gambler never takes a look at how many wagers he made because he only calculates on how much profit he will make and if he loses, he will not think too much and only try to make more profit.

Exactly mate, most of my time to calculate is when I just wanted to check my profits after my wagged. As.a gambler you are concerned about the profits that come along with the amount you wagged and not the losses incur after you wagged.

Distraction is a great barrier when you come to gambling and by doing calculation while gambling is a form of barrier.

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I don't look at how much the wager I made before because if I am guessing, I think it's not more than 0.01 btc and as now, bitcoin price is up and down, so I think the amount in the dollar will be random Grin

A real gambler never takes a look at how many wagers he made because he only calculates on how much profit he will make and if he loses, he will not think too much and only try to make more profit.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

woah thats huge . from how many years did you play until you reach all of that amount ? the saying is really true that regrets always comes on an end but hey , its not a whole 15 btc that you gamble so cheer up.

Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

i know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

no its not easy to reach that amount . ive been playing for over two years but my lifetime wagger is i think wont reach over 1 btc , that is because im mostly using the sites faucets to gamble .

Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

past is past , you already quit on gambling so move on .

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Lol. I don't think you're alone in that anyway. Mosy gamblers don't really think about how much they're playing with. It's when they look back that they'll realize it's serious amount already. I don't think you're regretting it that much though. It's over and done with and you lost a pretty good amount that's probably enough to set up a small business or other good investments. All you can fo is to look ahead and take lessons from that.

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You shouldn't be gambling in the first place as the religion you probably belong to does not permit it, lol.. (my religion doesn't ban too much. It emphasize more on moderation like it does on alcohol.)

Well, most people do not make profits from gambling, so this shouldn't be a surprise. There are still minority that still succeed. I guess most of the successes come from skill-based gamblings .

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I do not think that total wagered matters because when I looked at one site I gambled, I totaled 0.04 BTC wagered but I only used 200K sats to reach that wager.

Quote from: o48o on July 17, 2019, 11:19:13 AM

. That's got to be painful. But then again, just thinking how much btc i have used and gambled when it was only $500-300 makes me want to go full denial mode on my choices.

Same here. But I do not think of it that much because back then it was just small value and I enjoyed using it for gambling anyway. The most losses I incurred is from betting in sports but it made me enjoy the match more anyway.

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Quote from: ryzaadit on July 17, 2019, 11:07:21 AM

Back to 2017, Went i gamble on the first crash game for Nano/XRB Currency. I win more than 5K Nano, they worth more than a $200.000 with the price around 30-35$. But i lose it, went i see it now damn that's was a shit happen bruh. At least i still got the profit from other projects, maybe it's not my luck

. That's got to be painful. But then again, just thinking how much btc i have used and gambled when it was only $500-300 makes me want to go full denial mode on my choices.

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Back to 2017, Went i gamble on the first crash game for Nano/XRB Currency. I win more than 5K Nano, they worth more than a $200.000 with the price around 30-35$. But i lose it, went i see it now damn that's was a shit happen bruh. At least i still got the profit from other projects, maybe it's not my luck

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Yes and most of the time I regretlookig at it and realizing how much I could have sabed if I wasn't beig reckless.
I could have much more money and spemt it on something more important that is the reason I decided to stop gambling and focus on something far more important.

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I loved to deposit with bonuses, I deposit $100-$500 (in crypto of course), with a 100% bonus I get double amount but I need to wager x40, x50 that amount, sometimes less if it`s some special promotion, but usually is x40. In just one evening I either make money with that or I lose everything. For some time I was totally into it, I chased casino promotions for that kind of bonuses. That was gambling my friends, all night long. It`s impossible to calculate how much I wagered with crypto betting. I love to think that I made more than I lost, I had good wins and pretty big ones, but I had losing streaks too. All in all, I had great fun, and I still have fun when I gamble and I like to do it, only I don`t have so much free time as I had before.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

Did you take the price of bitcoin into factor? You know, when the price of bitcoin was low like $100, people would bet like 0.5 BTC in one go. If you are going to measure your bet amount in Fiat currency system, then starting taking average of all price through out the time you placed your bet to get the real bet amount in fiat.
And like you said, one could just place like 100 Sat bet on 99% win chance on auto bet and reach 100 BTC wagered amount by doing nothing. I prefer calculating profit/loss through your lifetime of gambling.

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I am too afraid to count how much i have gambled. Maybe i should but i think i am on the loss a lot. But those one time big wins are so cool

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Quote from: mu_enrico on July 15, 2019, 11:21:13 AM

I believe the proximity of the actual loses should be house edge * amount wagered if you are not a high roller. Let's say total wagered $150,000 with 1% of the house edge, then you only lost about $1,500. What do you think?

99% winning chance is terrible by the way. You will have to play for a long time with a minimal return. The best strategy still "short term" martingale IMO. Exit after several rolls.

I've noticed that normally I lose on dice sites much more than that what has to be because of the house edge. Here's, for example, my current stats for two sites:

1. Total wagered: 0.01124462 Total profit: -0.00026772

2. Total wagered: 1.48850195 Total profit: -0.05359190

Both sites have 1% house edge, but, as you can see, the lost amount is higher than 1% of the wagered.

BUT, I've also noticed that if you play with the highest win chance possible, you lose exactly the house edge from the wagered amount after around 10k bets made.

Has anyone noticed that too?

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Quote from: mu_enrico on July 15, 2019, 11:21:13 AM

I believe the proximity of the actual loses should be house edge * amount wagered if you are not a high roller. Let's say total wagered $150,000 with 1% of the house edge, then you only lost about $1,500. What do you think?

99% winning chance is terrible by the way. You will have to play for a long time with a minimal return. The best strategy still "short term" martingale IMO. Exit after several rolls.

Not only on having a minimal return but the risk behind on chasing losses would be there.High chance to win but once you have been bust up then
a long way for you to recover that bet of yours for you to break even.

Martingale is common but its impossible for most to stop on midway after winning some several bets yet they do push it hard until the very end until their
balance becomes zero.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

Nice move quitting gambling, you may had a very bad experience and for sure you will miss the times of excitement when gambling, bear with it and continue in your life without gambling anymore. you will just have more hanging of your mouth moments if you insist on betting huge amounts and still lose. The 99% is just like every strategy, all of the strategies are risky and I think I want to use the 50-% as when I lose big or less in the same amount and gives me no hurt feelings.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

Wagering is nothing and that signifies nothing except you've rolled a lot of times. The thing we should consider is our total win or loss.
For me alone, I've lost over $3000 on gambling in the last 6 months. Half of it on the same day. I couldn't sleep for 2 days, decided to give up gambling for life but again.

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

I remember long ago I was just curious to see my wagering amount for two weeks and it turned out that I risked £89K and won around £91K ish. I have to say that I was a gambling addict that time. I used to be online 24/7, rarely sleeping and outing. Me and my laptop was my daily life.

It was not a good life at all.

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Quote from: swogerino on July 15, 2019, 05:20:02 AM

I have never bet big amounts and when I see your sum of all your wagering in your country currency I am amazed. With all that money you could have lived as a Maraja in luxury and I also think you have taken the correct step to quit gambling after losing this huge amount in gambling.

The more capital you spend the more wagered you will play with the record you play safe with big chance of win. even though your capital is large if you play with high risk does not guarantee you have a large gamble wagered, I myself have little capital but I play long time in 1 day so that the wagered I have can be quite large

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Oh yeah, when I add up my wagered amounts on all websites, I come up with a number of over 100 BTC.
Though you should take that number with a grain of salt, since it's just a wagered amount, I haven't actually deposited that much.

I mean, when you play dice at X1.02, you get there quite easily!

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Dump it!!!

Most of the time people rack up large wager amounts by simply betting smallish amounts with a very high win %.

e.g. betting $50 with a 99.9% win chance repeatedly. You could do that 50x in a row before you are statistically likely to lose, therefore racking it up to $2,500 alone.

Don't use this as a metric for how much you've really bet or lost unless you're betting with low win chances.

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Quote from: Lakai01 on July 15, 2019, 09:32:30 AM

Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

OP, are you sure about that amount? As far as I remember you recently cleared your high school and preparing for engineering ( it means you are not older than 20 years) and you are from India, West Bengal. May I know how long you have been in gambling?

Your statement might be correct, but I am sure then you mistakenly posted this topic with your Alt account Tongue

. if not then stop posting BS plz

Lol, nice catch JSRAW, unfortunatly I am currently out of merits, your post would be definitly worth to merit!
I learned that you can compare gamblers and their won or wagered amount to fishermen, the catched fishes are always four times as big as they really arewhen the talk about them Wink

so you have to take any mentioned amount with a grain of salt ...

That's fine Cheesy

And btw no detective work, i just happened to remember OP's post because i merited him once Cheesy

strange he didn't replied to my statement yet.

PS : I am not accusing OP for having a alt or something. it was just cheeky comment from my side.

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I believe the proximity of the actual loses should be house edge * amount wagered if you are not a high roller. Let's say total wagered $150,000 with 1% of the house edge, then you only lost about $1,500. What do you think?

99% winning chance is terrible by the way. You will have to play for a long time with a minimal return. The best strategy still "short term" martingale IMO. Exit after several rolls.

Adriano2010

hero member

Activity: 1414

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I also not bet huge amount of bitcoin when gamble, but if i look at all wagger on all websites i wagger more than 10 bitcoin but not make so much profit, i also not gamble so much this year and i preffer to do sport betting.

romero121

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That's a huge fund, in third world country with such an amount one will have a much sophisticated living. Another thing most of the users will have huge amounts wagered and they'll never realize until the same is being calculated. Similar experience happened with me when we had the directbet.eu available for gambling. When I made calculation on the entire amount wagered it was more than 25 bitcoin, but the wallet balance was not more than $200.

Oilacris

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Activity: 2996

Merit: 609

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

Doesn't really matter if you do wager that big and what matter most is if its your already profiting or not.On my part this doesn't

make me leave having an open mouth because theres nothing you can be proud of because this do simply shows on how addicted you are with gambling. Grin

jhongzjhong

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Well on PD I was a VIP so I have wagered 100BTC+ there and today that would be $1mio+.

And yes, thats a lot but I wagered a lot when the BTC price was a lot lower then nowadays.

That was too much wagered.
And what was the result have you gain that you wagered?
Even me, I can't wager even a fraction of bitcoin because I gamble one or twice a week and that was for fun.
That's a good thing to OP that he decided to quit earlier rather than he loses more than 15 bitcoin which a huge amount and I can build a house on that amount.

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

I've got a pretty high total wagered amount as well, but a lot of that was in 2015 and 2016 when Bitcoin was priced much lower than it is at the moment, and I tended to wager several times my balance every time I gamble so the total amount does not represent my total deposits. Still pretty impressive though, and I've wagered plenty on sites that have shut down long ago so I will never know the true total. I'm overall slightly in the green, though I can attribute a lot of that to betting on CS:GO matches where odds were massively skewed to one side and I put a good sized bet on the underdog.

squatz1

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Flying Hellfish is a Commie

Yep. I think most people do this later on.

The biggest thing that comes to mind is when you look at your old bets with the bitcoin price was low. At the time you may have been doing $100 rolls or bets on a team, but now this looks like you were gambling thousands upon thousands of dollars. Which is insane.

I have some dice rolls that are for 15k now. Which is not something I'd be comfortable with doing EVER.

1982dre

hero member

Activity: 1372

Merit: 512

Well on PD I was a VIP so I have wagered 100BTC+ there and today that would be $1mio+.

And yes, thats a lot but I wagered a lot when the BTC price was a lot lower then nowadays.

Lakai01

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Merit: 2721

Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

OP, are you sure about that amount? As far as I remember you recently cleared your high school and preparing for engineering ( it means you are not older than 20 years) and you are from India, West Bengal. May I know how long you have been in gambling?

Your statement might be correct, but I am sure then you mistakenly posted this topic with your Alt account Tongue

. if not then stop posting BS plz

Lol, nice catch JSRAW, unfortunatly I am currently out of merits, your post would be definitly worth to merit!
I learned that you can compare gamblers and their won or wagered amount to fishermen, the catched fishes are always four times as big as they really arewhen the talk about them Wink

so you have to take any mentioned amount with a grain of salt ...

goaldigger

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Activity: 2422

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Overall I'm in loss tho xD

Lets say there are only 1/10 probablility in favor of loss and with every one win, there would be less bets compared to those youve been wagered so the winning price would not be worth it. If youre an avid fan of gambling and do it for years and then that high amount of money will be possible.

emberbekas

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

I have quit gambling now.

However, when I look at the wager amount of my accounts in various sites and add them up, a total of 15 BTC comes up!

That's around $150000= 10,500,000 INR ! Around 1 crore Rupees or 0.15 million dollars!

I know it's easy to reach that wager since wager counts all bets even on 99% chance wins so if someone with 1 BTC wagers 20 times on 99% win chance and win all, they will wager 20 BTC!

But still to think I have wagered that much amount leaves me with a open mouth sometimes. Overall I'm in loss tho xD

Instead of looking for the total amount of your wager, try to see the profit you have made or the lose money you have suffered. I myself at first, couldn't believe with what I already lost. However, because of the total loss that I suffered is from gambling activities for several years, I can still understand it. Within 3 years of playing dice at bitsler, my profit is around -0.2 btc. And after they reset the betting history when I switched to the VIP program, to this day, I have lost around 0.03 btc. Grin

XCANA

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Quote from: xSkylarx on July 15, 2019, 06:40:07 AM

At first I'm also shocked to the total amount I wagered. And think if I spend it not on gambling it could already bought many foods and things I want. But I don't stress myself about it, I just tell to myself not to regret it and I also enjoyed those times I was gambling.

It blow my minds up because the amount here is quite big fro one to lose, although maybe OP has the funds and can just choose to gamble with his funds, as a gambler I had never loose such amount since I venture into gambling, addiction maybe the course of the lost and will encourage OP not to be addicted.

ethereumhunter

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To be honest, I don't calculate how much I wager so far, because I never think of that. I only knows when the time for me to play gambling. But maybe I will check how much I wager on my account. But I am amazed to see how much you wager and 15 btc is not small for me and I think I cannot use bitcoin to play gambling.

YuginKadoya

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Quote from: iamsheikhadil on July 15, 2019, 05:07:07 AM

99% win chance and win all,

I guess there is no such thing as a 99% win chance and winning all your bet on gambling, We can sure see a little bit of winning but to win all of your bets with an accuracy of 99% sure win you can surely end up with a fortune,

I don't really bet on a big wager, I only wager what I can afford on losing especially when there is a big percentage on the house edge and the game is with only luck based games I am just wagering what I think I can get back on later or losing was not that difficult for me.

torry28

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Activity: 1680

Merit: 1001

Dunno how much i've wagered until now, because i've gamble in several websites. I think if i sum it all, it would be more than 50 btc, still not too big compared some whales who even reached more than 1000 btc

Quote from: bitmover on July 15, 2019, 05:20:14 AM

Using 99% chance of win is a terrible strategy imo.
Because if you lose, you lose all. And if you win you get almost nothing .

Do we able to bet on 99% win chance?

xSkylarx

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Activity: 2366

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At first I'm also shocked to the total amount I wagered. And think if I spend it not on gambling it could already bought many foods and things I want. But I don't stress myself about it, I just tell to myself not to regret it and I also enjoyed those times I was gambling.

Natalim

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BTC to the MOON in 2019

The time period of your betting will also count, if you are just betting in just 6 months or less, then that would say that you are a heavy gambler.

Good for you that you quit as gambling is not really for everyone, it's fun for some people but very risky for some who cannot control their spending in gambling.

I know there's bigger excitement when you put a bigger bets, but we are very irresponsible if we will only look at the excitement at not the other side of the possibilities, particularly losing.

UmerIdrees

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