Topic: Most you have ever lost in one session? (Read 1079 times)

Losing more money than what you had planned at the beginning of your session is always painful, and while I have never lost so much money as the OP I imagine that if I did it will be many times more painful, as 200k is an enormous amount of money, and while that amount may not completely change your life, it could surely be used to start a business or to invest in bitcoin, both decisions which could definitely change your life for the better given enough time.

Well, some people are like that, I personally think that things can be quite good in people, because when we don't have enough of a way of doing things, people don't give much importance to what they spend, in this case It could be that OP is a person who has a lot of money and can afford to lose that large amount of money, at least in my case I am not like that, first of all I couldn't be legal at that moment, I know what I do per session when I go to Jgur the most I do is 10usd to be willing to lose, from there I go on to more, I don't allow myself, because that is my pro-game limit and when I lose it there is nothing left to do, I will do it another day, but that's my limit, maybe I'm very little compared to the OP, and this is what most people have to do to avoid losing their minds, because they often lose too much money. So I can say that because it's my way of playing, but as I say there are people in the world who have so much money that they don't know what to spend it on.

I am a person who always makes my bets based on what I can afford to lose, because I don't risk what I shouldn't, because I already have it committed to other things, that's why I can't do it, so when we do This type of thing we have to look for the best option to not lose so much money, unless it is like OP who apparently has enough, then we have to avoid making such Heavy expenses , this is pure chance, we are always looking for the least do things more efficiently without spending so much money, because in these cases I Always look for a way to spend less , in the games where you spend little and win a lot is in the slots, but it is also a double-edged sword, because Sometimes the spins you make don't win anything, in these random games you have to do Many things to be Well.

Managing your deposits is so important when you're gambling, even if you wanna put in as much as you want.  You gotta be wise about it to handle the ups and downs.  Losing is just part of gambling, so your idea to set a limit per session is real smart.  It ain't just the size of the deposit, but more how you handle yourself and gamble responsibly in each session.

The size of our losses in gambling is not depending on how big we have deposited or how much that we have in the balance but how much that we bankroll. If you take higher risk in your stake that also will reflect on either how much you will lose or how much to gain. Maybe that is also what you mean by deposit but it is really about how much we stake out from the deposit that we have. To also chase back losses is going to get you more losses than you will profit because you have lost the emotion of proper thinking of what to bet and you randomly stake a bet and the chance of hitting luck is small. Betting responsibly is a rational way to reduce lose.

There is not a single gambler who has never experienced losses, losses is something that is bound to happen. The size of the loss depends on how big a deposit we make and whether we like to chase losses or not. I never deposit much so usually I will spend around $50 in one session, if I get emotional sometimes I will chase my losses and deposit another $50. If I have made two deposits and still lose then I will stop and gamble again next week

The losses of one gambler and another gambler will be different and we cannot compare the amount of loss because it will depend on the money used for gambling. Those who use big money to gamble can experience big losses and will definitely be bigger than ordinary gamblers. We don't need to experience losses that are too big, especially if we only use small amounts of money to bet and we always try to limit our gambling. We also don't need to chase to recover losses like other gamblers do because they may still have more money than us so they still want to try to recover their losses. And yes, there are definitely more gamblers who have experienced big losses and there are definitely some of them who do or don't regret it because they have lost so much money.

I've lost up to 0.2BTC gambling in 2018 and the value was very little at the time, I got greedy and I let gambling to get the best of me, but that's it, every other money I've lost in gambling are so little to none, from $1 to $40 in months now, and it doesn't cost me a thing, I would be happy if I can get my 0.2BTC back but it's not possible.

In 2019 I remember losing some money to pyramid schemes too, it was over $500 at the time too, but I later recovered it through other source, I have lost a lot of money but I gained a lot of knowledge too, so it's worth all the trails and risks.

With gambling I am used to losing money but I have my winning moments too, but I stick to my normal plan and I won't increase the amount that I am risking yo gamble until I start making more money from my work and business place.

The best thing you can do for yourself as a gambling fan is to know your limit, your life is more important that gambling, be a happy person and avoid going in debt or getting broke because of gambling, only risks what you can and your happiness won't be stolen from you.

If one is financially stable, then I see no need to gamble because it's more regarded as stress to me. Severe losses are recorded daily in the system, just stick to one strategy and ensure to be able to maintain consistency, then one will see results positive results, that's how to win a game. But rushing from one strategy to another and copying other gambler's game won't help, that will only trigger more losses and they can be unbearable. We can't compare Drake heavy loss in gambling to ours because he's a celebrity and financially balance to stake with any amount he wishes.

It looks like I keep losing more and more money every new gambling session I take playing slots so I decided to quit for good and to follow only sport betting.I also am not that knowledgeable in that area too so I just prefer to copy other people bets.When I do so I check the odds,if the odds are low I copy the bets no matter that there are a lot of games into a ticket.

I have not lost a large amount of money in slots,no more than 100-200 dollars but that feeling is the same no matter if you lose 200 or 200.000 if you keep hitting those red attacks on your balance.

We do not really have a way to know and personally I would prefer that it was not real, since in my case it would really pain me to lose so much money over such a short span of time, however we have seen people like Drake losing way more money than that before, with the difference he is incredibly wealthy, but this makes me think that even if the story of the OP was not true, there are probably many gamblers out there which have experimented those kind of losses before.

Yes although maybe the OP's statement is quite dubious but it could be true, because of course there is a very large majority of gamblers in this world so maybe it's one of the terrible things that we only know now. With the example you gave about one of the people whose posts have been deleted about his big bet in just one match maybe he was really in the full luck of his life that finally the final result was what he expected.

Well that will be a big problem, if the final result turns out not to be what they want then obviously there will be a bad impact that they will feel in terms of finance and also of course their mentality, as I said before, honestly I can't imagine if I was in their position maybe I was already stressed even though for example I was one of the people who had a lot of money. Yes, maybe for them it's a small amount so they are very brave to put that amount on something that only relies on luck. But my message is that even if you are quite rich and have the ability in terms of money in my opinion betting with large amounts is not really recommended, it is better for us to put the money on something more useful and positive, whatever it is.

If many gamblers are afraid of spending more money, that's actually good because they want to prevent losing their money and don't want to experience a lot of losses. But because more gamblers intend to win their gambling games, they then use more because they think it can help them to win. They will eventually become greedy and cannot control themselves in gambling, and that is what makes them end up addicted to gambling. We must control ourselves when gambling and try to prevent even bigger losses. And the longer we gamble, the greater our chances of losing, and if that happens, maybe we won't be able to accept it, but we can't do anything about it.

Is it really believable? I don't think someone to lose that amount, nobody does in just one session.
Besides, you have noticed that OP hasn't complained about his losses, and never felt regret or sad about the results as it was easy to make a story that never happened in real life. 

Anyway, losses are usual in gambling and if we can't control our expensing habit, losing more is very possible. A reason why we should have set limits on the amount that we can spend in one day.

Of course that's true guys because basically the casino makes a system that the percentage of wins is much lower than losses, I don't know about what percentage of people who gamble know this, but the point is that I hope those including those who are addicted and especially those who have just come to know the real fact that the percentage of losses is much greater than wins, and that is why many of them suffer defeat until now, especially for those who are addicted.

In the event that you've got a lot of money to spend, you'll be able to't afford to spend a lot more than you need to. There are some of them who are afraid to spend more money after knowing this fact and there are also those who are getting crazy because they cannot accept defeat and are also driven by their very high level of curiosity, and also that is the reason why usually the greedy ones experience a greater number of defeats. Yes, that's exactly right, it's better to play it safe by putting a small amount and also be patient, with that then you will be able to become a responsible gambler and also be able to apply control.

I think the chances of winning big in gambling are very low if the algorithm is not managed properly. It is very difficult to give accurate information about winning here so many gamblers are afraid to spend more money those who become greedy are at greater risk of harm. By playing it safe and building your winnings patiently you will be able to maintain control over the game. A session will only last until you either reach your win target or lose your maximum bet remember that the longer you play the more likely you are to lose.

Many gamblers are not ready to manage the algorithm to make the big win form the gambling site.The gambler thought the luck itself gave the good profit from the betting without have try of any effort in the game.The losses also possible in the gambling site,once the gambler not match the algorithm of the gambling site.The gambler was not ready to build their strategy based on the algorithm of the gambling sites.The time need to be spend on the gambling site more then the normal gambler,when the effort made by the gambler in the gambling site.The gambling site will allow to make the big win in the gambling and can win big money.

There are a lot of people who lose a lot, and continue to gamble because they are rich, we should not be shocked about it to be fair, we should let them be however they want, and that is a personal thing for them. I understand that it looks like we are not going to end up with a result that would change anything, we just need to keep on betting with those smaller amounts because that's what we can afford.

The most I lose could be 50 bucks, and that is fine, as long as that is what I am able to lose and still go on with my life like nothing happened, then it is a smart idea to lose that small. However, if you have a lot of money then you can do whatever you want, that is your own money and you are free to lose as much as you want to lose. It is all about how much you can gamble and lose and then keep on living like nothing happened, not many people get that, gambling has to do with fun, not with finances, you are not suppose to make money here in the end.

Why not believe it, though?
It is pretty obvious that within the world of gambling and cryptocurrency there are people who have enough money to gamble such big figures in a single session. I am not saying OP actually did so, but the possibility of what he says is not out of the boundaries of one can see people doing if they are rich.
All of us have read stories about starts and billionaires flushing down the toilet millions in a casino and we all believe it, since there are well known personalities. Op could easily be a Bitcoin early investor who felt like venting (or bragging, depending on your point of view) about his deep pockets.
Though, I agree with your advice, whether he is rich or not, anyone losing that amount to a casino should reconsider their habits, otherwise, there future will get dark before they even realize it.

OP, the only people who could lose a significant amount of money at gambling and pretend nothing bad had happened to them are millionaires or people with strong hearts. I don't think I could bear losing a significant amount of money for the time being. I therefore like to gamble with what little I have so that I won't experience a shock that might have an adverse effect on my physical or mental health if I lose.

A significant amount of money lost to gambling or any other activity will remain imprinted in my memory for a very long time, and it will motivate me to stay away from the things that first caused the loss.

OP, I'm not sure if you actually lost the $200k you bet at the casino, but if you did, try to reduce the amount you used to bet. Avoid making large bets with the intention of making enormous earnings all at once.

I believe there are people who gamble this much, although the OP story is not clear and there is some level of doubt about that amount, but on a serious note, I have seen people who wager large amounts of money near to this just in one bet slip, like a post that was deleted some days ago here in the forum where some made a bet of approximately $100,000 in BTC on stake casino in just one single match. Lucky for him, the game played as expected.
 
But in such a case, if the game goes against his prediction, there will be a huge loss in his stake, and the gambler might definitely see that amount as nothing. For someone to gamble with such an amount, they will really be worth a lot, which makes that amount, which most of us see as a big amount, something small for them. Most gamblers are just determined to take risks; ordinarily, one can't just imagine wagering that amount.