Topic: I could have won bigger. - page 11. (Read 2197 times)

once we are borrowing some money for our friends then we loss in our bet using that money for me it's a big mistakes because once we loss then the amount  of our bet is more like we need to find some another money for paying those losses. So like what you said above mate it's better to have a mindset that we don't need to borrow a big amount or let say don't borrow an amount that you don't want to loss .

That is a great win already but unfortunately he just didn't manage it properly but we can understand how he deal with those situation since he just want to earn more since he think luck still on his side and can easily multiply more the money he won at that time. But he face the reality and also learn a lesson from the mistake he have done since if he could just go away and take what he win for sure he's still happy with the result despite of whatever happened there. But I guess he can't blame anyone for that since maybe that time its not really for him and again what he's friend did maybe its just a sign that he shouldn't take gambling to much since if he expect anything more even if he's already winning then I guess he can possibly experience more lose if he can't control his emotion.

Gambling is completely based on luck here your luck was on your side due to which you win 50 dollars with 1 dollar. I congratulate you on your victory. But don't be sad that the amount you won was enough for you. But here you are betrayed by your friend.  Your friend could not keep his word to you. People should always remember that it is not okay to betray someone. If you make a promise to a person, it is always better to keep that promise. You tough yourself out of here and remind someone of this story if they ask for money.

If OP had those $10 the very beginning, it does not mean that he would have made same bets. Maybe he would placed $3-4 bet on same outcome and made few hundreds. Maybe he would add more results to his bet and increase chances of loosing. Maybe he would simply spent those money. We do not know. But I would suggest OP to stop complaining (yes, I think he is here to complain, otherwise he would not have made this topic or give so much details) and be happy that he has caught luck that day.

I agree with what you said about the satisfaction that the OP got even though it was $50 but that is very good because it is very rare to get a win like that and for his friend who hasn't returned the money it shouldn't be a problem because the OP didn't lose much money and anyway later when the money is returned at least he had another budget to gamble with.
But I really understand the OP's feelings, perhaps he is very disappointed with what his friend did when he was lucky enough to get a big win, but lost that luck because of his friend.

It's not only about gamblers, it's human nature, we never get completely satisfied no matter how much we get, especially if it's about money and valuables. We might have an aim, we might say to ourselves that we won't ask for more if we get our aim or goal achieved, but that's not true, and as soon as we hit the goal, the greed inside us wakes up and starts asking for more, and it convinces us in thinking that we still don't have enough and there is more we can get if we try.

It's a bad thing, but most humans are like this. You can barely find a person who will say that they don't need more as they have enough already. When we talk about gamblers, they are human as well, and they have the greed factor in them too which makes them gamble even when they are already in profit because their greed have convinced them that they can get more with what they have.

Firstly, money and relationships should never mix whether its friendship or family better avoid borrowing which can ruin the relationships.

Now come to the topic, you are supposed to bet $10 in the first place or just have the thought now after seeing results?

Either way, all you can do is just blame but it is not going to change anything at all and if you feel that you still got some juice then try to make the $50 winning reward by going through the same process and see what is the result and what is your feeling if it goes the other way.

You could have lost bigger too. People don't understand that gambling works both ways. Just be happy that you won something. If you actually made money from gambling, then you are very lucky. Statistically, most people leave gambling without winning anything. I mean even when they win "something" when you make the calculation, you'll see that they ain't winning anything in the long term.

If you think too much about this you'll FOMO and wager more and you'll lose whatever you won.

You just move on and charge this to experience, it's only a small amount why make a big fuzz about it, your friend may have a good reason why he failed to return the money in time, but next time if you are going to use the money for gambling do not lend it even to your friends, do not get angry with your friend because of small issues its hard to part ways with your friend because of gambling especially if the amount is only worth $50.

Yes it should be, I think there is nothing to blame because I think this is not a deliberate act by his friend and also maybe there are some obstacles that make OP's friend late to return the money so that OP cannot get a much bigger win. But basically if we calculate then obviously I think there OP has also got a pretty big luck by only putting $1 and getting a win of $50, obviously that's already a thousand percent profit I think.

So there is nothing wrong with being grateful for the amount of winnings, I believe what makes you quite upset is because previously you had intended to put a larger amount and when you failed to put that amount it turned out that the final result was completely in accordance with your predictions and as you expected but unfortunately you only put a small amount with $1. About your question Op has said that from the beginning he intended to put $10 and that means he is able to accept any results including the risk of losing. But the point is I think the situation he is in is still good because I think the win of $50 by only putting $1 is also very large.

So how was it? Did your friend already paid you as it seems you've got a grudge to him for not paying you so that you could have potentially win more?

That's pretty normal when we have won such amounts and we've got lesser capital due to the money that was borrowed from us. And there goes all of the thoughts about what ifs when that money wasn't lent.

Anyway, there's no way to know if the results are the same if that money was with him/her.

Yes, that is the result of us not being able to control ourselves and instead letting greed control us until we finally continue gambling because we want to get a bigger win. But that's normal for many gamblers and not just you. I also experienced it and so did other gamblers. But we have to learn from that experience so that we don't get trapped again by that greed and can stop immediately after getting the big win. We don't need to take too big a risk by continuing the gambling game, especially if we have managed to win big because that is enough for us to cash in the winnings.

Imo OP should not blame or feel bad about his friend, because he has missed a chance to win more. It is nice achievement that you have turned $1 into $50. But if your bank would be 10 times more, are you sure you would have placed same bets and would have risked the same? To be honest, I am not sure that you would go all-in. I suppose you would have bet only part of your money, and would spent rest, or maybe gambled differently. You could have won more, but dont hunt for every possible money and try to earn all possible money.

This is why gamblers should know that it's a two-way thing, it's either they win or lose, and because you win now doesn't mean you would win in the next bet, and the same thing goes for the opposite, anyone can win and continue to win, but it's until they try it that they will know the actual outcome of their thought. Gambling is such that we should not engage without a proper plan, this is where many are making mistakes and are saying they are addicted and have lost their control. Why wouldn't that happen when you do not have a plan but just betting based on your digression, instinct and emotion, which is bad? Gambling requires the gamblers to be strategic and disciplined, this is as they have the necessary plans on what to do and the amount to play even before getting to the betting house or platform.

With this, I believe that gamblers will not have the guilty feeling of playing less or more, they will be contented with their results whether good or bad because they've already planned for it and their minds will not be so attached to the money.

It would really be just that ending up on two different possible responses or reaction on which he would really be that thankful into his friend if that bet had been a lost but since its a winning bet then you would really be able to expect the different thing.It is really just that a very normal human being kind of reaction.  People would really be making out those regrets that they havent been able to bet big
on the time that they are winning and this is where people would be making out that freaking blaming time into those people who are cause on why they havent been able to win up big.
This is a common approach and reaction but still a win is a win and the profits made are actually not bad because having that $10 to 50? this isnt something
that anyone could be able to hit up.

I was able to win big. My account was multiplied by 3. Is that big enough? Actually, my greed has awakened. I continue to bet. And I lost all my winnings and initial capital.

I honestly don't know how much money is enough and big for a gambler, so I learned my lesson. I need to set a goal if that day I x2 assets. I won, and the amount was large enough for the capital I spent, so I stopped playing. Don't be too greedy to lose all your initial capital. It will be impossible to be continuously lucky in gambling.

OP made the post here if he would have lost money instead of profit by gambling but he wouldn't have thought like that or he would have thanked his friend in his heart that his friend didn't pay his loan on time. We should be satisfied with what we actually get, gambling with one dollar earned 50 dollars I think he should be satisfied with that much. With one dollar he earned 50 dollars I think he will gamble again with more money hoping for more profit but then the result will not come as he expected. There are many gamblers who have made a lot of money by gambling only on their own luck but it didn't take long for them to lose the amount of money they gained by gambling. It will not take us a day to lose the amount of money we can accumulate in gambling profits over a long period of time. OP has profited here I think now he should be careful and control his greed and then gamble.

Yeah, that's the thing. After the fact many people would have said that they would have bet more money, only when they end up winning 

I'm sure they forget all the times they lost $1 and never think they could have bet more that time.

In the end there are probably more smaller bets, so they will end up winning more often compared to big bets. So, this feeling must be pretty common

quite dangerous thinking there. pretty sure you would feel differently if the result of the bet didn't end in your favor and would feel glad that you only lost $1 instead of $10. don't get me wrong I understand your frustration when your friend didn't do what he promised but saying you would have won bigger if you had the $10 is simply not true, there was no guarantee that you would win if your bet was $10.

Ah, it's like this again. I thought only my area or neighborhood was like this, but it turns out this might happen anywhere. I personally don't really believe in various promises from someone to pay it off when they come to us and are in debt. They often make very sweet promises and promises to return ASAP. But in reality, they might even forget about it when they receive our money. Therefore, based on my personal experience, which has been involved in lending money to other people many times, if someone comes, it is better to refuse. Or give him as little as he can and don't expect the money to come back to us, but don't give him the full amount of money he will borrow, only some money that we are willing to give up. unless it is related to the life and death of someone who needs the money for hospital fees.

Luck may not be the same. It could be that when you get your $10, it turns out you didn't get the winnings. It's true that your friend is wrong, but that doesn't mean that your luck in gambling is really the same as what you would get if you had $10 from your friend. So, be grateful for the victory and don't regret what has happened. If you are not sincere, keep contacting your friends to immediately pay off the debt. If he doesn't respond, what else can you do, don't let this disturb your consistency and activities in gambling, even though this is not easy, just do it instead of being disturbed.