Lost over 12 btcs gambling on dice - page 2.

neochiny

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Quote from: pearlmen on May 18, 2017, 02:49:16 PM

There is nothing wrong in if he should lost 12btc should not even be a subject for discussion the fact is he can afford to lose it so he risked it. I am sure majority of those castigating that he is out of his mind would have praised his sagacity and strength to take risk if he should have won say 100btc. But now they are quick to throw the stone of being foolish at him.

You gotta point. But the problem is, not everyone play/bet within their means.
We don't how it was for OP. Could be a 12BTC bankroll to him is equivalent to an ordinary man's 50mbtc bankroll. He could do with it however he wants since he could afford it.
Thing is, play within your means. And know when to stop. That's all. It's just an expensive lesson. Up to us whether we repeat our mistakes.

Shinpako09

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I feel sorry, 12btc is such a big amount especially now that the price is so high. You know that most of gamblers are lossing but why it seems you still can't accept it and believe it. Your supposed to, because you know what's going to be the end when you play. Maybe you've gone and pass your limits.

pixie85

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Quote from: youdacapt on May 19, 2017, 03:35:05 PM

I feel he made a huge mistake in keeping a profit because 12 btc is not small amount, I think he has gained about 8 btc and started thinking greedy, so he lost and when he wanted to recover lost funds is too late, bad luck come and defeat increasingly, this is a very valuable experience for better gambling.

It's not about luck. If you gamble you will eventually lose too much. You can't have bad luck and keep losing every time, it's not how it works.
If he made 1000 bets, probably at least 400 were wins, this is how math works, so he probably at some point would end up winning, but it wasn't enough.
If you want to check me test a casino game with free balance or money from a faucet and you'll see that at some point you'll have more than when you started, but none of us wants to leave with a few coins more in our pocket.

youdacapt

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Quote from: MFahad on May 19, 2017, 06:21:48 AM

It is a big news for me, that you have lost 12 bitcoin and only in dice.
God help you, you really need help of God. Because if you are already rich man than definitely you will be little disturb, but in fact if you are middle class man than it is a big lose for you.
Because in my eyes, 12 bitcoins is a big money. i can't afford that lose of this amount.
I think you learn the lesson in gambling don't be greedy.

I feel he made a huge mistake in keeping a profit because 12 btc is not small amount, I think he has gained about 8 btc and started thinking greedy, so he lost and when he wanted to recover lost funds is too late, bad luck come and defeat increasingly, this is a very valuable experience for better gambling.

MFahad

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It is a big news for me, that you have lost 12 bitcoin and only in dice.
God help you, you really need help of God. Because if you are already rich man than definitely you will be little disturb, but in fact if you are middle class man than it is a big lose for you.
Because in my eyes, 12 bitcoins is a big money. i can't afford that lose of this amount.
I think you learn the lesson in gambling don't be greedy.

LuanX3

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Quote from: pearlmen on May 18, 2017, 02:49:16 PM

There is nothing wrong in if he should lost 12btc should not even be a subject for discussion the fact is he can afford to lose it so he risked it. I am sure majority of those castigating that he is out of his mind would have praised his sagacity and strength to take risk if he should have won say 100btc. But now they are quick to throw the stone of being foolish at him.

Losing is not the problem, it's what you lost is the problem. If you lost money that you cannot afford to lose then you really have to consider doing something about it, like not gambling at all. That is what OP should have done. Gambling is not an answer to your problems and it will never be.

pearlmen

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There is nothing wrong in if he should lost 12btc should not even be a subject for discussion the fact is he can afford to lose it so he risked it. I am sure majority of those castigating that he is out of his mind would have praised his sagacity and strength to take risk if he should have won say 100btc. But now they are quick to throw the stone of being foolish at him.

milewilda

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Quote from: The_prodigy on May 17, 2017, 10:04:27 AM

Quote from: ethersphere on May 17, 2017, 08:28:43 AM

Won once on a dice site (0.05btc) and never gambled again. It's definitely a win-lose (win for the house, lose for you) in the long run because the odds are against you, unless you get really lucky.

If you are lucky and skilled, you dont need to stop playing. It doesnt necessary to stop a game if gambling is your life. Learn from your mistakes that could be the best way to do. Learn new strategy in the game. It is not always about losing we can earn too, just stay calm, patient and importantly stay on focus.

Just think up always on balance on where we do know which is a right or wrong move or decisions we do made on a certain situation on gambling field.It would really matter if we do know when to stop when we already realize that we are losing too much and never ever chase your loses and hoping to win it back because this will lead the situation even more worse.Losing 12 bitcoins on dice is really a disastrous thing for me.

The_prodigy

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Quote from: ethersphere on May 17, 2017, 08:28:43 AM

Won once on a dice site (0.05btc) and never gambled again. It's definitely a win-lose (win for the house, lose for you) in the long run because the odds are against you, unless you get really lucky.

If you are lucky and skilled, you dont need to stop playing. It doesnt necessary to stop a game if gambling is your life. Learn from your mistakes that could be the best way to do. Learn new strategy in the game. It is not always about losing we can earn too, just stay calm, patient and importantly stay on focus.

hatshepsut93

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Quote from: Barcode_ on May 17, 2017, 04:37:17 AM

There will never be a 100% winning strategy for dice no matter how big your bankroll is, if the player doesn't know when to stop and withdraw the winnings, there will always be a point where the player will eventually hit the red streak and bust, house edge of the casino is there for a reason, it is maths

House edge isn't even necessary, the situation would be the same if the House Edge would be 0%. It's just statistics - you can't keep winning forever, every bet has the same risk/reward proportion, so profit and losses are just oscilations, it goes up and down, but because casino has giant bankrolls and players small, their games end as soon as they hit their loss limit (aka losing all deposit).

wuvdoll

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Quote from: Oralmat on May 17, 2017, 07:10:29 AM

Seriously, you have lost a big amount, 12 btcs mean $21672, If it is my lose than may be i will be die by heart attract. But i am lucky, i am not one of them, who lost a big amount. But now i am thinking why you didn't control yourself if you was seeing that you are continuously losing your money?
If you could stop yourself after losing 1 or 2 bitcoins than may be you could save your other bitcoins. Now i think you have experienced that dice game not always give us winning.

For anyone it would be just a news, but only for the person who had undergone those pains and frustrations must have the reason why he could not control himself when he first lost some 1 bitcoins.

When losing one bitcoin, that would seem as a very big amount and all emotions will induce that gambler to recover that one lost bitcoin as nearly as possible. When chasing down to recover that, he might have faced another one or two bitcoins loss and this way that problem recursively mounding to a very big problem which might cost up to 12 bitcoins also.

Humanxlemming

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Quote from: ethersphere on May 17, 2017, 08:28:43 AM

Won once on a dice site (0.05btc) and never gambled again. It's definitely a win-lose (win for the house, lose for you) in the long run because the odds are against you, unless you get really lucky.

Haha i like what you say that were on win-lose (win for the house, lose for us) unless that if we have some luck that still make us brave to play gambling because our luck saying that play because this day is your lucky day. Anyways thus is just a LESSON LEARN for him so as of now they can think now what gambling is

Yutikas_11920

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Quote from: The_Dark_Knight on May 06, 2017, 05:01:53 PM

Quote from: Victorycoin on May 06, 2017, 11:11:06 AM

Quote from: The_Dark_Knight on April 30, 2017, 02:34:22 PM

Quote from: pixie85 on April 29, 2017, 07:11:45 PM

I wish he said which site ripped him off like that or which site made so much money of him, this sounds better.
I saw that in his last post he's asking about possible investment in XRP. He lost all Bitcoins and now wants to put his last money into a centralized altcoin. Hopeless! Cheesy

A fool and his money are soon parted, which show us that you should not only care about earning a big amount of money you should also learn how to keep it, I know many people that earn almost the double amount that I do but they are in a terrible financial situation because they have committed horrible mistakes.

You got me thinking that op was under the illusion that his balance of 12 Btc probably made him invincible or that it was an infinite amount, so he probably threw caution to the wind until the veil was off his eyes. 12 Btc is a huge amount and there are players that can certainly turn thing around with that much by prudently managing their games and it is indeed unfortunate he parted with that much.

That is one of the things that having a lot of money does to a person, what happens when someone wins the lottery? they begin to spend money like it is never going to run out, but it does not matter how much money you have, you cannot spend forever or your money is not going to last.

Indeed basically to can benefit or much money in gambling then it should be balanced with the right game. You need to know, that every gambling has many risks in order to get the victory. To be able to minimize a risk we normally should be able to properly do gambling and to be able to play with it right then we should control ourselves. Money is everything, but if we do not correct for the money then it's all just things that harm

ethersphere

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Won once on a dice site (0.05btc) and never gambled again. It's definitely a win-lose (win for the house, lose for you) in the long run because the odds are against you, unless you get really lucky.

Script3d

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Quote from: Oralmat on May 17, 2017, 07:10:29 AM

Seriously, you have lost a big amount, 12 btcs mean $21672, If it is my lose than may be i will be die by heart attract. But i am lucky, i am not one of them, who lost a big amount. But now i am thinking why you didn't control yourself if you was seeing that you are continuously losing your money?
If you could stop yourself after losing 1 or 2 bitcoins than may be you could save your other bitcoins. Now i think you have experienced that dice game not always give us winning.

this is the reason why i am gonna stick with esports betting and 12 btc is a huge amount he probably lose at when he goes in gambling spree. i also lost a huge amount i lose them all because i was being greedy and i can control seeing my money lose

Oralmat

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Seriously, you have lost a big amount, 12 btcs mean $21672, If it is my lose than may be i will be die by heart attract. But i am lucky, i am not one of them, who lost a big amount. But now i am thinking why you didn't control yourself if you was seeing that you are continuously losing your money?
If you could stop yourself after losing 1 or 2 bitcoins than may be you could save your other bitcoins. Now i think you have experienced that dice game not always give us winning.

J Gambler

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That is why don't push your self too much playing gambling you already know that you could lose playing gambling and thats the result not all gamblers manage to win what and get what they deserve by playing too much making and following some of strategies will make you a good profit it will always depends on your luck and your faith.

fullypak

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Quote from: Barbut on May 17, 2017, 04:16:29 AM

I would never play dices with 12 btc, that is too much money for such a game. Dices are fun game and OP should come here to see what kind of experience other people have with dices, in that case he would save a lot of money, but now its to late for talking about it.
This should be a lesson to all the people, don`t gamble and regret later, in that manner the best thing that someone can do (and that is how I think) is to gamble and enjoy, crying after loss is for pussies, you have your try you failed that is it, head up and you live to fight another day.

The OP may be lost his mind, or he may be a rich person, so he lost 12 BTC in luck base game Dice. I will never deposit more than 0.04 BTC in Dice site. Because I know here if we deposit more we will lose all money. This game is like that very attractive, and within few minutes we will lose our investment. Before investing on any dice game remember one thing it is a dead investment and never come back.

Barcode_

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There will never be a 100% winning strategy for dice no matter how big your bankroll is, if the player doesn't know when to stop and withdraw the winnings, there will always be a point where the player will eventually hit the red streak and bust, house edge of the casino is there for a reason, it is maths

Barbut

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I would never play dices with 12 btc, that is too much money for such a game. Dices are fun game and OP should come here to see what kind of experience other people have with dices, in that case he would save a lot of money, but now its to late for talking about it.
This should be a lesson to all the people, don`t gamble and regret later, in that manner the best thing that someone can do (and that is how I think) is to gamble and enjoy, crying after loss is for pussies, you have your try you failed that is it, head up and you live to fight another day.

Topic: Lost over 12 btcs gambling on dice - page 2. (Read 4483 times)