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Topic: How much you have lost in gambling? - page 8. (Read 6377 times)

sr. member
Activity: 294
Merit: 250
October 26, 2015, 06:53:12 AM
#54
I've lost around 0.1, but not at once. It took me more than a year of gambling to be at minus 0.1 overall, so I guess I'm pretty lucky at gambling. )
lost 0.1BTC its small enough, to play within 1 year

you were lucky, a lot of members who lost more than 10 btc i think haha,
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
October 26, 2015, 05:52:19 AM
#53
I've lost around 0.1, but not at once. It took me more than a year of gambling to be at minus 0.1 overall, so I guess I'm pretty lucky at gambling. )
sr. member
Activity: 294
Merit: 250
October 26, 2015, 05:46:47 AM
#52
I am confused as to why people still gambling ?
whereas he know if he have lost a lot

Because they still have hope they will win big and recover all of their loses. Also people start gambling because they believe that they will win big with very small amounts.

It's just an addiction. Addiction that has destroyed many lives unfortunately!
yeah like that, he will repeat his lost, probably until the money runs out?
what addiction as it can be stopped?
legendary
Activity: 1078
Merit: 1000
October 26, 2015, 04:09:35 AM
#51
I like to bet mainly on Euroleague basketball. Last year I had a great run at the end of the season, I have made about Bitcoin  BTCs betting mainly on over /under.

European championship has killed me. I have lost about 2.5 BTCs on this competition together with the 2 first days of the Euroleague.

All in all I have lost about 0.5 BTC.
Yeah gambling always be like that, last month you got 300% profit and then in the next month you lost over 400%. -100% and ended on negative. I Didn't bet on basketball but I have lost a lot of money too in EURO qualification. Almost -1 btc .

Yes gambling is giving some big profit in some months then it will end in negative in next month same like trading. Making consistent profits from trading and gambling is not an easy task. You must be a professional gambler to make your every month as a profit-full month.

How can it be the same as trading? What I know you can't even loss with trading bitcoin. Mostly people lose because of lack of experience in trading and they do trade some alt coin that no one pump thats why he loss. AFAIK gambling is profitable if you know when to stop
hero member
Activity: 896
Merit: 1000
October 26, 2015, 04:03:19 AM
#50
I am confused as to why people still gambling ?
whereas he know if he have lost a lot

First, because they think they can win. Second, they enjoy the gambling process.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
October 26, 2015, 03:26:08 AM
#49
I am confused as to why people still gambling ?
whereas he know if he have lost a lot

Because they still have hope they will win big and recover all of their loses. Also people start gambling because they believe that they will win big with very small amounts.

It's just an addiction. Addiction that has destroyed many lives unfortunately!
sr. member
Activity: 294
Merit: 250
October 26, 2015, 01:17:12 AM
#48
I am confused as to why people still gambling ?
whereas he know if he have lost a lot
legendary
Activity: 1554
Merit: 1054
October 26, 2015, 12:20:58 AM
#47
I like to bet mainly on Euroleague basketball. Last year I had a great run at the end of the season, I have made about Bitcoin  BTCs betting mainly on over /under.

European championship has killed me. I have lost about 2.5 BTCs on this competition together with the 2 first days of the Euroleague.

All in all I have lost about 0.5 BTC.
Yeah gambling always be like that, last month you got 300% profit and then in the next month you lost over 400%. -100% and ended on negative. I Didn't bet on basketball but I have lost a lot of money too in EURO qualification. Almost -1 btc .

Yes gambling is giving some big profit in some months then it will end in negative in next month same like trading. Making consistent profits from trading and gambling is not an easy task. You must be a professional gambler to make your every month as a profit-full month.
legendary
Activity: 1442
Merit: 1008
October 25, 2015, 10:06:45 PM
#46
I like to bet mainly on Euroleague basketball. Last year I had a great run at the end of the season, I have made about Bitcoin  BTCs betting mainly on over /under.

European championship has killed me. I have lost about 2.5 BTCs on this competition together with the 2 first days of the Euroleague.

All in all I have lost about 0.5 BTC.
Yeah gambling always be like that, last month you got 300% profit and then in the next month you lost over 400%. -100% and ended on negative. I Didn't bet on basketball but I have lost a lot of money too in EURO qualification. Almost -1 btc .
klf
legendary
Activity: 1344
Merit: 1000
October 25, 2015, 08:32:45 PM
#45
Unfortunately, when I started out in bitcoin I gambled a lot and had sort of an addiction to gambling (I know, ironic with my signature)... but now I have cut back a bit and gamble only when it's a rainy day and have nothing else better to do; and better yet, I have developed some sort of "deal" with my self that if I ever do go gamble I can only loose .05 BTC no matter what... It's been hard for me to come to that realization with the mentality that "Oh well, I can get it all back with just one bet! *YOLO*". When it comes down to minimizing your loses when it comes to gambling, it's all about discipline in setting a limit of how much you allow yourself to lose.

This is a quite honest review on this thread. It good that you have some self control to reduce your losses. But if you already know you may not win in these gambling then I think you may find some other useful things to do in rainy day instead gambling those 0.05BTC. If you can find some other ways to spend your time then you can save those small coins also.
sr. member
Activity: 714
Merit: 250
Defend Bitcoin and its PoW: bitcoincleanup.com
October 25, 2015, 08:02:34 PM
#44
Maybe 0.2-0.3 BTC in total? I got greedy at points and decided to do some pretty big bets. Actually, scratch that -more like 0.1-0.2.

I try not to gamble - I lost 0.008 today on Magical Dice after receiving my signature campaign satoshi. Decided to withdraw at that point.

My luck doesn't hold out at all, I try to steer clear unless I'm rolling in cash (which isn't often, lol)
hero member
Activity: 630
Merit: 500
PM me to buy traffic for your site!
October 25, 2015, 04:57:46 PM
#43
It's quite surprising for be, but i actually am a lot in profit on crypto related gambling, but a lot in a loss in real live casinos and sportsbetting.
I guess the provably fair games are quite an advantage over normal gambling.

I don't know exact number but so far i'm about 2.5 bitcoins in profit, and about 1200 $ in a loss in irl casino/sports betting (which i have now abandoned completely)
legendary
Activity: 1316
Merit: 1004
October 25, 2015, 04:54:59 PM
#42
Unfortunately, when I started out in bitcoin I gambled a lot and had sort of an addiction to gambling (I know, ironic with my signature)... but now I have cut back a bit and gamble only when it's a rainy day and have nothing else better to do; and better yet, I have developed some sort of "deal" with my self that if I ever do go gamble I can only loose .05 BTC no matter what... It's been hard for me to come to that realization with the mentality that "Oh well, I can get it all back with just one bet! *YOLO*". When it comes down to minimizing your loses when it comes to gambling, it's all about discipline in setting a limit of how much you allow yourself to lose.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
October 25, 2015, 04:51:28 PM
#41
I like to bet mainly on Euroleague basketball. Last year I had a great run at the end of the season, I have made about Bitcoin  BTCs betting mainly on over /under.

European championship has killed me. I have lost about 2.5 BTCs on this competition together with the 2 first days of the Euroleague.

All in all I have lost about 0.5 BTC.
hero member
Activity: 493
Merit: 500
October 25, 2015, 03:07:11 PM
#40
A few BTC only. But I've also made more, so I'd guess I'm still in profit
legendary
Activity: 1006
Merit: 1000
October 25, 2015, 03:01:28 PM
#39
Yesterday, i lost more thab 0.05 btc in dice and bet soccer
legendary
Activity: 1554
Merit: 1000
October 25, 2015, 02:55:15 PM
#38
Not much actually, I always recover my losses. There'e always safe Sportbets. My motto: don't play moneyline you'll loose hard.
hero member
Activity: 840
Merit: 1000
October 25, 2015, 02:55:10 PM
#37
i am a winner and have won over 20 btc, i like sports betting and mainly won from cloudbet, you can click my signature to join, but i lost a lot of btc from altcoin trading, i am not a good altcoin trader
legendary
Activity: 1638
Merit: 1046
October 25, 2015, 02:50:02 PM
#36
To me i have lost many times in gambling around 0.1 something but some times im win about 0.5 in a up....
legendary
Activity: 1526
Merit: 1034
October 25, 2015, 12:08:50 PM
#35
Unfortunately I don't keep good enough track of my deposits/withdrawals to know. I've been gambling through a variety of Bitcoin sites for over 2 years now. I have times when I profit a lot but other times when I lose hard. I'd imagine I've probably lost maybe 1 Bitcoin over the years, which isn't too bad considering my volume is likely much higher than that.
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