How much can u lose with gambling? - page 34.

Herbert2020

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Quote from: shadobitz on July 10, 2016, 07:20:05 AM

Quote from: tyagi on July 10, 2016, 07:15:44 AM

well it depend on much you bet

In fact this more like that how much confident we are with our prediction, that kind of ridicules things happening mostly in sports matches when we put all our hard money very strong but the result happen totally different than our expectation.

then how can you say it depend on how much confident we are!! because gambling has nothing to do with your confidence about the future and the result it is all about luck. if you get lucky you win and if not you lose even in sports betting as you said different thing happen against your expectations.

shadobitz

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Quote from: tyagi on July 10, 2016, 07:15:44 AM

well it depend on much you bet

In fact this more like that how much confident we are with our prediction, that kind of ridicules things happening mostly in sports matches when we put all our hard money very strong but the result happen totally different than our expectation.

tyagi

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well it depend on much you bet

Doamader

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Quote from: StoreBit on July 10, 2016, 06:46:17 AM

Quote from: es2thekay on June 30, 2016, 07:35:04 PM

I can't say how much in term of btc but one thing sure is that is way already too much but the worse part to me is the times that i put playing to finaly end with no capital nor gain and a whole day wasted.

but for me the money i have is my capital and i have the right lose it or what to do with it. no one has any concern with it. but i will likely say that i am not in position and not welling to lose a single satoshi,

I got your point its your money from your work, but should you be buying more things, investing into casinos and dices websites instead of save your coins.

StoreBit

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Quote from: es2thekay on June 30, 2016, 07:35:04 PM

I can't say how much in term of btc but one thing sure is that is way already too much but the worse part to me is the times that i put playing to finaly end with no capital nor gain and a whole day wasted.

but for me the money i have is my capital and i have the right lose it or what to do with it. no one has any concern with it. but i will likely say that i am not in position and not welling to lose a single satoshi,

hermanhs09

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Quote from: goldcoinminer on July 09, 2016, 07:40:48 AM

Quote from: virtualkeybuyer on July 09, 2016, 07:08:11 AM

Quote from: Hellacopter on July 09, 2016, 03:41:15 AM

Brief you can lose all your hard earned money with gambling. We can't provide an exact amount which we can lose through gambling because it's unlimited especially if the gambler is addicted.

especially those people who do not have knowledge about bitcoin and do not have any skills and besides this they come and spend their money into gambling, they lose all of them, it is not only the matter of gambling but in any field if you do not know about it you will lose there.

You do not need to study gambling that much if the games you loves to play are those type of games that has a house advantage because no strategy would work, you just need to study on bankroll management and know your purpose in gambling.

Yeah,studying gambling does not make's sense when you play with positive house edge actually,
you will lose always at the long run.
Only way to have something won is really big balance/big luck Grin

I can lose a lot,i dont care about those money :[

goldcoinminer

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Quote from: virtualkeybuyer on July 09, 2016, 07:08:11 AM

Quote from: Hellacopter on July 09, 2016, 03:41:15 AM

Brief you can lose all your hard earned money with gambling. We can't provide an exact amount which we can lose through gambling because it's unlimited especially if the gambler is addicted.

especially those people who do not have knowledge about bitcoin and do not have any skills and besides this they come and spend their money into gambling, they lose all of them, it is not only the matter of gambling but in any field if you do not know about it you will lose there.

You do not need to study gambling that much if the games you loves to play are those type of games that has a house advantage because no strategy would work, you just need to study on bankroll management and know your purpose in gambling.

virtualkeybuyer

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Quote from: Hellacopter on July 09, 2016, 03:41:15 AM

Brief you can lose all your hard earned money with gambling. We can't provide an exact amount which we can lose through gambling because it's unlimited especially if the gambler is addicted.

especially those people who do not have knowledge about bitcoin and do not have any skills and besides this they come and spend their money into gambling, they lose all of them, it is not only the matter of gambling but in any field if you do not know about it you will lose there.

teilwalL05

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Quote from: cjmoles on June 30, 2016, 05:49:06 PM

Quote from: aranachristianjay on June 30, 2016, 01:40:03 PM

Quote from: maxhor on June 30, 2016, 01:15:05 PM

I have my limit of daily sum with what I play.This sum is 0.05BTC maximum what I can afford to loose.I play for fun so this way sometimes make some extra money.I will not attempt to recover in case I have loosing streak one after other.This is the sum I will use maximum to recover after that will stop.

Very well thinking and discipline to your self,

That kind of thinking should be the one that a gambler should follow, gambling is for entertainment so be it, treat it as an entertainment, put a limit to the amount you put at stake in gambling, as the way you put a limit to buy tickets or to pay some entertaining things in the outside world.

If ever you win in gambling then that is a bonus right, every one should know how to put a limit and how to categorize gambling into their lives.

I agree....budget discipline is important. It doesn't matter whether your playing for entertainment purposes or you're treating it as though it were a job. Bankroll management is important to every aspect of our lives and it is no different with poker....Being a budget weary person is an asset.

Yep, And I also want to be like that so, this past few weeks. I actually saving some of my income and if I gamble I dont use more money I just use a little but sometimes I am really trying to avoid for me also to save more money/bitcoin.

kaitou.kidd

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Quote from: Zooplus on July 09, 2016, 04:54:42 AM

Quote from: nejibens on July 09, 2016, 04:17:49 AM

Gambling is just for fun, otherwise we can lose a lot, i don't know how much exactly but it's extremly risky method.

You can lose a maximum amount of your total wealth if you don't control, however your winning is only limited in gambling due to the house advantage, so know what to do, just play for fun and you will be fine.

Most people like to gamble because it is exciting. Some people gamble because they want to show off their skills or good judgment. And, of course, some people gamble because they want to make quick, easy money. This is the most dangerous reason for gambling. Very few people are actually able to consistently make money through gambling, and gambling too much can cause financial ruin. However, this ever-present danger may just increase the excitement for some

Zooplus

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Quote from: nejibens on July 09, 2016, 04:17:49 AM

Gambling is just for fun, otherwise we can lose a lot, i don't know how much exactly but it's extremly risky method.

You can lose a maximum amount of your total wealth if you don't control, however your winning is only limited in gambling due to the house advantage, so know what to do, just play for fun and you will be fine.

nejibens

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Gambling is just for fun, otherwise we can lose a lot, i don't know how much exactly but it's extremly risky method.

goldcoinminer

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Quote from: Hellacopter on July 09, 2016, 03:41:15 AM

Brief you can lose all your hard earned money with gambling. We can't provide an exact amount which we can lose through gambling because it's unlimited especially if the gambler is addicted.

You can but if you are careful you can manage it, we need to understand the real essence of gambling for us players to make it the right way, we can lose all our money if we let it come into our life and dictate us.

Hellacopter

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Brief you can lose all your hard earned money with gambling. We can't provide an exact amount which we can lose through gambling because it's unlimited especially if the gambler is addicted.

Mastsetad

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Quote from: wavespump on July 07, 2016, 02:27:46 AM

Many, I dumped my 800k maidsafe coin to bet murray vs wawrinka, and that match destroyed my life, if i held those maidsafe coins, i should have more than 300 btc now, and ridiculously rich now.

Whoa!

300 btc? Man! that must have been a hard feeling seriously, losing that much in one day is really a disaster.
That is the reason why everyone suggest staying away from gambling, because if you can win 1 btc in gambling then you can also lose 100 btc in it.

wavespump

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Many, I dumped my 800k maidsafe coin to bet murray vs wawrinka, and that match destroyed my life, if i held those maidsafe coins, i should have more than 300 btc now, and ridiculously rich now.

Erza

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Quote from: relq on July 05, 2016, 09:57:11 PM

Quote from: Sharma on July 05, 2016, 09:39:41 PM

Quote from: MaritiJames3 on June 21, 2016, 11:25:34 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.

Control / Discipline. That's much more important when losing. Know when to stop. Sometimes greed gets in the way so you lose your winnings. I experienced beginner's luck before but lost them all because I want more. It doesn't matter how much satoshis/bitcoins you allow yourself to lose. Just put a cap and stop when you reached that.

The problem is many people are become rage and want bet more when they lose their bet, they will become greedy and bet more for win back their loses and they will lose again.

Not always but yes most people will go rage when they are making so much loss before and trying to recover it but if you play it slowly i dont really think that they will take some loss again and again. Most of them want to earn that instant which will sure lead you to lose more and more. But sometimes you will sure win some too if you keep on playing again and again because we never know when luck will come so you can keep on playing but need some control from yourselves too

Sharma

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You can lose as much as you have from gambling. Really, there is no limit. Greed has no limits. And greed is what makes you lose it all in the end. You might have a strategy, but in the end you just give up, and all in.

Withdraw while you still can.

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Quote from: goldcoinminer on July 06, 2016, 11:24:45 PM

Quote from: hermanhs09 on July 06, 2016, 12:17:44 PM

Quote from: Sharma on July 05, 2016, 09:39:41 PM

Quote from: MaritiJames3 on June 21, 2016, 11:25:34 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.

Control / Discipline. That's much more important when losing. Know when to stop. Sometimes greed gets in the way so you lose your winnings. I experienced beginner's luck before but lost them all because I want more. It doesn't matter how much satoshis/bitcoins you allow yourself to lose. Just put a cap and stop when you reached that.

I was trying to do that,i had good scores until i went big ( did big balance from small deposit ),it appears to be stressful,when i lost really a lot i could not accept the loss,that's why i kept increasing my bet to recover.
It will happen to everytime someone,and you will say you shouldn't go big... but otherwise you probably will.

The problem is when you tilt you lose your control and most likely would make a decision that is not base on the game plan, we should avoid that by practicing a self discipline, without it you cannot succeed in gambling.

The only way to succeed is to succeed is to minimize loss, which is not a very optimistic scenario. If you are serious about it then make sure to use a fixed amount to bet.
Then you will avoid losing more then you want.

goldcoinminer

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Quote from: hermanhs09 on July 06, 2016, 12:17:44 PM

Quote from: Sharma on July 05, 2016, 09:39:41 PM

Quote from: MaritiJames3 on June 21, 2016, 11:25:34 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.

Control / Discipline. That's much more important when losing. Know when to stop. Sometimes greed gets in the way so you lose your winnings. I experienced beginner's luck before but lost them all because I want more. It doesn't matter how much satoshis/bitcoins you allow yourself to lose. Just put a cap and stop when you reached that.

I was trying to do that,i had good scores until i went big ( did big balance from small deposit ),it appears to be stressful,when i lost really a lot i could not accept the loss,that's why i kept increasing my bet to recover.
It will happen to everytime someone,and you will say you shouldn't go big... but otherwise you probably will.

The problem is when you tilt you lose your control and most likely would make a decision that is not base on the game plan, we should avoid that by practicing a self discipline, without it you cannot succeed in gambling.

Topic: How much can u lose with gambling? - page 34. (Read 28343 times)