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Topic: How much can u lose with gambling? - page 28. (Read 28343 times)

legendary
Activity: 1442
Merit: 1008
July 25, 2016, 10:34:28 PM
You can lose everything if you do not know how to stop with gambling because if that happens you will have no control over your self and you will just keep spending money in order to gamble all day.
but i have fixed a percentage for my losing even for winning and when i reached to that limit i do stop gambling any more. therefore i have a fixed amount bitcoin for both loosing and winning side.
set your loss limit are a good thing and it's part of money management which so many people talking about , all you need are a discipline . even we speak about gambling here , against the long run you need this money management.
And setting our win limit as well is very important because if you ever win and having a good steak but you don't know how to stop you will still end up losing in the end. That is the discipline that should be impose in every gambler.
not really hard being discipline if you have a desire enough to reach your goal then make yourself discipline on everything stick to the rule and enjoy your steady income later . or gamble like a mad and you could lost everything . include yourself (suicide due frustated) .
sr. member
Activity: 672
Merit: 250
July 25, 2016, 03:36:47 AM
Actually no one plays for loosing.If somehow we know today we will our bankroll zero surely will avoid to play.How much someone can loose depend on available funds and intention of recovering losses after first round of loss.Chances of winning and loosing are countless as long as we can afford to continue playing.

Obviously, the more someone tries to recover his losses the more he will lose because of that, it is better to just get your steps back when you see you are losing continously because if you dont do that on time you will soon lose all your available funds in that wallet.
hero member
Activity: 952
Merit: 500
July 24, 2016, 09:18:21 AM
Actually no one plays for loosing.If somehow we know today we will our bankroll zero surely will avoid to play.How much someone can loose depend on available funds and intention of recovering losses after first round of loss.Chances of winning and loosing are countless as long as we can afford to continue playing.
Yeah! and that would sometimes be the reason why we are still playing in gambling regularly as we have a lot of money that we can afford to lose and the risk there is when you lose your control and you will continue to gamble with the amount you cannot afford anymore.
newbie
Activity: 38
Merit: 0
July 24, 2016, 09:12:46 AM
Actually no one plays for loosing.If somehow we know today we will our bankroll zero surely will avoid to play.How much someone can loose depend on available funds and intention of recovering losses after first round of loss.Chances of winning and loosing are countless as long as we can afford to continue playing.
sr. member
Activity: 288
Merit: 250
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July 24, 2016, 09:05:48 AM
This is opposite from topic "How much can u win with gambling?". Well I`m on zero again, I`m looking how much I can win with gambling but actually I`m tryin to calculate how much can i lose. It`s always small amout`s but after many times this several small amount`s becoming one big one. There is some crazy stories on internet about people that have it all in one moment...
http://www.telegraph.co.uk/men/active/mens-health/10976770/Online-gambling-how-I-lost-my-wife-children-and-750000.html
And this guy started  with almost nothing and made almost $500,000 gambling with Bitcoin, then he lost it all in about 60 seconds. https://www.reddit.com/r/IAmA/comments/1ch7wb/

So pretty simple question, how much can YOU lose with gambling?

that is weird question, i think that you can lose everything with gambling and of course you can win a lot from it, but if you don't have luck you can lose a lot
full member
Activity: 154
Merit: 100
July 24, 2016, 09:01:58 AM
depends on how much money you are deposit. You can lose all your money if you addicted

I also think it depend on our bankroll as how much amount we have to take risk there, yeah it is true if we are get addicted than we can lose everything due to our this habit to gamble all the time, I always try to play with safe style mostly with low amount.

That may be true, but if they can't control themselves. Do the betting for the anticipation towards higher addiction again, would not be useful. Because surely it will only last a while and after that they will do as usual and gambling will increase. Self control in gambling is very important and it is mandatory to use
legendary
Activity: 1008
Merit: 1000
July 24, 2016, 08:58:09 AM
depends on how much money you are deposit. You can lose all your money if you addicted

I also think it depend on our bankroll as how much amount we have to take risk there, yeah it is true if we are get addicted than we can lose everything due to our this habit to gamble all the time, I always try to play with safe style mostly with low amount.
hero member
Activity: 1162
Merit: 500
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July 24, 2016, 07:34:26 AM
You could actually lose everything including your life gambling. You could gamble until you have nothing left then take loans and start lying to get those loans you know you can't pay back. You literally could lose your life bu suicide or by losing absolutely everything (family, friends, money, house, car, bike, phone, TV, everything !! Furniture ! Your job ! The clothes off your back even !! Till you past homeless. That is a destroyed life. Addiction is no game and it's no joke it is serious and effects many people.
hero member
Activity: 952
Merit: 500
July 24, 2016, 03:03:23 AM
You can lose all of your money in gambling.
But when you start addict with it, you almost does not care about how money you lose, you just carry about how money you get.
Addict person can lose everything and the sad truth is he would not notice it as he let himself to be enslave by gambling. As a gambler we are just playing for fun at first and only when we get addicted where we lose so much money so we should not let that happen.
For sure that is why we should make all the possible ways not to be addicted to gambling, gambling is fun if you are not losing a huge amount of money. Addiction will only happen when you are not contented of the happiness you felt in gambling and you are looking for a big wins.
legendary
Activity: 1106
Merit: 1000
July 24, 2016, 01:58:28 AM
You can lose all of your money in gambling.
But when you start addict with it, you almost does not care about how money you lose, you just carry about how money you get.
Addict person can lose everything and the sad truth is he would not notice it as he let himself to be enslave by gambling. As a gambler we are just playing for fun at first and only when we get addicted where we lose so much money so we should not let that happen.
hero member
Activity: 910
Merit: 525
July 24, 2016, 01:45:26 AM
You can lose all of your money in gambling.
But when you start addict with it, you almost does not care about how money you lose, you just carry about how money you get.
full member
Activity: 182
Merit: 100
July 24, 2016, 01:43:01 AM
I have set an amount of 0.02 to 0.03 that i will use ass fund in playng gambling games and that is the amount i can afford to lose with gambling.  More than that is not advisable. So I  limit myself with this amount and at the same time if I hit 50% of the alloted amount, I stop  playing that day and will come back to play on the next day.

That is the best way to make yourself safe from losing everything you have in gambling wallet to just set a limit to your bets of a day.
People usually lose everything after winning a lot because they become greedy and dont care for what they earned and they think they can earn more but they end up losing their capital as well.

Yeah some gamblers out there are too greedy especially when they win some amount.

So for us or to those gambler they should set a limitation to the amount that they can afford to lose and also to the amount that they win and when they will bail out.

Those strategies in gambling is kinda basic and everybody should know it to prevent further loses.
sr. member
Activity: 672
Merit: 250
July 24, 2016, 01:25:49 AM
I have set an amount of 0.02 to 0.03 that i will use ass fund in playng gambling games and that is the amount i can afford to lose with gambling.  More than that is not advisable. So I  limit myself with this amount and at the same time if I hit 50% of the alloted amount, I stop  playing that day and will come back to play on the next day.

That is the best way to make yourself safe from losing everything you have in gambling wallet to just set a limit to your bets of a day.
People usually lose everything after winning a lot because they become greedy and dont care for what they earned and they think they can earn more but they end up losing their capital as well.
legendary
Activity: 1456
Merit: 1005
July 23, 2016, 08:37:57 AM
I have set an amount of 0.02 to 0.03 that i will use ass fund in playng gambling games and that is the amount i can afford to lose with gambling.  More than that is not advisable. So I  limit myself with this amount and at the same time if I hit 50% of the alloted amount, I stop  playing that day and will come back to play on the next day.

It is a good strategy to reduce significant losses. I usually play with around 0.1 BTC at least If I play dice, and if I bet on sports then my bet amount will be from 0.05 to 0.1BTC range. I will not bet more than 0.1BTC in any single game and so for it worked out well for me in sports but in dice never made any significant profits.
legendary
Activity: 2982
Merit: 1280
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July 23, 2016, 08:06:44 AM
I have set an amount of 0.02 to 0.03 that i will use ass fund in playng gambling games and that is the amount i can afford to lose with gambling.  More than that is not advisable. So I  limit myself with this amount and at the same time if I hit 50% of the alloted amount, I stop  playing that day and will come back to play on the next day.
full member
Activity: 126
Merit: 100
July 23, 2016, 07:57:51 AM
0.05 only cant afford to loose more than that. And besides im not addicted to gambling.
So if i loose that amount its enough.
sr. member
Activity: 406
Merit: 250
Wolf
July 23, 2016, 07:47:31 AM
It depends on the person gambling, I mean if you don't have self control and you're letting your greed run down then you will probably lose a lot of money Smiley
newbie
Activity: 7
Merit: 0
July 23, 2016, 05:43:51 AM
This is opposite from topic "How much can u win with gambling?". Well I`m on zero again, I`m looking how much I can win with gambling but actually I`m tryin to calculate how much can i lose. It`s always small amout`s but after many times this several small amount`s becoming one big one. There is some crazy stories on internet about people that have it all in one moment...
http://www.telegraph.co.uk/men/active/mens-health/10976770/Online-gambling-how-I-lost-my-wife-children-and-750000.html
And this guy started  with almost nothing and made almost $500,000 gambling with Bitcoin, then he lost it all in about 60 seconds. https://www.reddit.com/r/IAmA/comments/1ch7wb/

So pretty simple question, how much can YOU lose with gambling?


You can lose it all!  Sad
hero member
Activity: 532
Merit: 500
July 23, 2016, 05:08:44 AM
You can lose everything if you do not know how to stop with gambling because if that happens you will have no control over your self and you will just keep spending money in order to gamble all day.
I think the players will not be possible to stop playing when they have not exhausted all of their money. unless they have control over itself

Once people lose some money in the beginning of gambling whether they are self-controlled or not but mostly they will stop only after losing all their money because they will try to recover back their lost money. Individuals who won some profit only can control themselves to withdraw some profits but very less percentage of people will do this rest of them will stop only after losing all money to casinos whether they win or lose at the beginning.
hero member
Activity: 700
Merit: 500
July 23, 2016, 04:41:04 AM
I tried recently with setting up loss limit prior to gamble. It worked well twice and third time I couldn't stop myself to enter in other funds to recover losses. When we are loosing then mind is not ready to accept any logic. I attempted to recover losses and luckily I got succeed. This is not what will happen always to be good in my favor. I usually have limit of 0.20BTC what I can afford to loose.
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