Should I try to win back my loss? - page 19.

gabmen

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Quote from: Hhampuz on October 23, 2017, 05:58:18 AM

Quote from: BossMacko on October 23, 2017, 01:45:55 AM

Quote from: iluvbitcoins on October 22, 2017, 11:59:37 AM

The game finished 3:0
I won

To sum up the thread
I won back my loss

http://prntscr.com/h0knoa
http://prntscr.com/h0kmme

Also, on a further note
I'll never play martingale again Cheesy

Congratulation iluvbitcoins for winning back your losses. It is really risky doing martingale especially in 2x payout, highest red streak i got from that is 25+. But atleast you have the guts to try to win back in betting in sports. I was following you in your free picks in the past in your old prediction thread, I will follow you again in some time when i have spare mbits. grats again and more wins for you.

There you go! Right in the face of everyone telling you to cut your losses and move on.. Agreed martingale can be incredibly scary and cause you to tilt but if you got enough of a bankroll it's usually fine Cheesy

.

You stopping with gambling all together or just restarting from here on?

Got lucky dude. I don't think you'll have that much luck every single time to roll every day. I believe martingale also works but not all the time. You're pushing it too far if you think its going to be profitable in the long run

Hhampuz

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Meh.

Quote from: BossMacko on October 23, 2017, 01:45:55 AM

Quote from: iluvbitcoins on October 22, 2017, 11:59:37 AM

The game finished 3:0
I won

To sum up the thread
I won back my loss

http://prntscr.com/h0knoa
http://prntscr.com/h0kmme

Also, on a further note
I'll never play martingale again Cheesy

Congratulation iluvbitcoins for winning back your losses. It is really risky doing martingale especially in 2x payout, highest red streak i got from that is 25+. But atleast you have the guts to try to win back in betting in sports. I was following you in your free picks in the past in your old prediction thread, I will follow you again in some time when i have spare mbits. grats again and more wins for you.

There you go! Right in the face of everyone telling you to cut your losses and move on.. Agreed martingale can be incredibly scary and cause you to tilt but if you got enough of a bankroll it's usually fine Cheesy

.

You stopping with gambling all together or just restarting from here on?

BossMacko

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Quote from: iluvbitcoins on October 22, 2017, 11:59:37 AM

The game finished 3:0
I won

To sum up the thread
I won back my loss

http://prntscr.com/h0knoa
http://prntscr.com/h0kmme

Also, on a further note
I'll never play martingale again Cheesy

Congratulation iluvbitcoins for winning back your losses. It is really risky doing martingale especially in 2x payout, highest red streak i got from that is 25+. But atleast you have the guts to try to win back in betting in sports. I was following you in your free picks in the past in your old prediction thread, I will follow you again in some time when i have spare mbits. grats again and more wins for you.

pieppiep

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Quote from: FasTroy on October 22, 2017, 02:59:20 PM

Quote from: JL421 on October 22, 2017, 10:50:49 AM

No you shouldn't try to recover your loss would mean you are addicted to gambling or on a brick to get addicted to it. If you want to save yourself now and in the future don't try to recover your loss you will lose lot more than you would gain

You are right mate, We should not thinking to recover our lost after we lose a money. We should control ourselves, because in this time we can make wrong decisions that can make our situation more worse. So, the best thing is to wait and try to gamble normally, and to be smart.

Yes as if you try to recover your loss then you will gamble with higher amount and again if you loose then you it can be a great disaster for you so if you loose then the best thing would be to stop gambling for while and may be later on you can make a fresh start which can bring results in your favor.

FasTroy

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Quote from: JL421 on October 22, 2017, 10:50:49 AM

No you shouldn't try to recover your loss would mean you are addicted to gambling or on a brick to get addicted to it. If you want to save yourself now and in the future don't try to recover your loss you will lose lot more than you would gain

You are right mate, We should not thinking to recover our lost after we lose a money. We should control ourselves, because in this time we can make wrong decisions that can make our situation more worse. So, the best thing is to wait and try to gamble normally, and to be smart.

pixie85

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Quote from: btcprospecter on October 21, 2017, 08:12:24 AM

Logically looking at it you should win after that many losses but to win what's lost means bigger stakes if you want to take that risk. It is a big risk and you could easily end up deeper in the red.

That's a common mistake! It would be so if dice rolls were your own, but they are not. If you had the dice in your hand and rolled there's no way you would lose at 50% so many times in a row. There is always balance in nature and you just can't throw the same number 10 times in a row. Just try it out if you don't believe me. In online dice the system is rolling a number of times every second and you're randomly assigned one of those rolls. This means that for every loss you take somebody else is winning at the same time making the number of wins and losses fairly even. It's possible to lose in a dice game over 20 times in a row!

iluvbitcoins

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Freedom&Honor

Quote from: Bezobraznike on October 22, 2017, 01:19:49 PM

Quote from: iluvbitcoins on October 22, 2017, 11:59:37 AM

The game finished 3:0
I won

To sum up the thread
I won back my loss

http://prntscr.com/h0knoa
http://prntscr.com/h0kmme

Also, on a further note
I'll never play martingale again Cheesy

Good job and congratulations! You did not lose your faith and you won back
your money in the end. Now continue with gambling and as you can see betting
on sports is much better then betting on luck games. Martingale is strategy that
can be used in sports betting too, but I do not recommend it.
I wish you to have good winning streak now. It is nice that you share your story
with us here. I have one question, was this bet your prediction or you get it from
some tipster?

It was actually a prediction of a friend of mine

I wanted to bet on Betis - Alaves at @1.5 odds also
But I decided not to risk more and stop
Then I saw Betis won 2:0 and that friend hit me up, hey, if you still looking to get even you can place the bet on Fiorentina
So, I checked the teams and decided the odds are quite decent considering Benevento has a goal record in the whole season of 2:19 and hasn't gotten any wins/draws in the last 10 games
Decided it was worth the shot
A lot of money, but good odds!

If I lost that, I'd probalby place a 1.2BTC bet on 1.23 odds or so
And if I lost that, I'd go kill myself or something Cheesy

jk, wouldn't kill myself
Good odds, bad team, so decided to give it a shot

Bezobraznike

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Quote from: iluvbitcoins on October 22, 2017, 11:59:37 AM

The game finished 3:0
I won

To sum up the thread
I won back my loss

http://prntscr.com/h0knoa
http://prntscr.com/h0kmme

Also, on a further note
I'll never play martingale again Cheesy

Good job and congratulations! You did not lose your faith and you won back
your money in the end. Now continue with gambling and as you can see betting
on sports is much better then betting on luck games. Martingale is strategy that
can be used in sports betting too, but I do not recommend it.
I wish you to have good winning streak now. It is nice that you share your story
with us here. I have one question, was this bet your prediction or you get it from
some tipster?

PokerFace3

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Quote from: Cosbycoin on October 21, 2017, 02:20:08 AM

Quote from: michkima on October 19, 2017, 12:03:27 PM

I would say that just don't do it. It involves a lot of effort to achieve such a goal in gambling. Chances are that chasing losses from his own pocket will result to more losses. That's the usually thing in gambling, so the best thing to do is to just hodl it for the long time and probably you'll get back the money lost.

I think there should be an attempt to win back the loss amount by gambling. No doubt that it may risky but for winning your amount back you must take risk but it is also possible and expected in gambling that you win double and triple of your original amount.

So being an addicted gambler an attempt should be made and may be your luck is with you that time but mind should be fresh during the new game.

I feel that you should stop advising him wrong. We all are well aware of this fact that gambling is highly addictive in nature and all those who keep on gambling have the same purpose, they gamble to get back their lost money but in this purpose, they keep losing more. I will not suggest you keep gambling, rather take a break and do something else for getting back your money. Gambling is a poison, stay away from it.

iluvbitcoins

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Freedom&Honor

The game finished 3:0
I won

To sum up the thread
I won back my loss

http://prntscr.com/h0knoa
http://prntscr.com/h0kmme

Also, on a further note
I'll never play martingale again Cheesy

JL421

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No you shouldn't try to recover your loss would mean you are addicted to gambling or on a brick to get addicted to it. If you want to save yourself now and in the future don't try to recover your loss you will lose lot more than you would gain

iluvbitcoins

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Fiorentina - Beneveneto
2:0

Finally Cool

mharz

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Quote from: btcprospecter on October 21, 2017, 08:12:24 AM

Logically looking at it you should win after that many losses but to win what's lost means bigger stakes if you want to take that risk. It is a big risk and you could easily end up deeper in the red.

It's up to the owner if they played again to get back what they lost, but I suggest that when you lost just stopped because if you can't stop. There's a possibility that all you have will be loss due to greediness to get back your capital. If you're lucky and hunch we're not accurate so I think you need to accept the fact that you can't win this time. Try to cool down for the meantime and back if you feel that you have been wear your luck.

iluvbitcoins

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http://prntscr.com/h0i37n

Fuck it, I'm taking my chances, hope I'm not really THIS unlucky.

Won't do martingale later on when I recover hopefully Cheesy

btcprospecter

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Logically looking at it you should win after that many losses but to win what's lost means bigger stakes if you want to take that risk. It is a big risk and you could easily end up deeper in the red.

chris200x9

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Quote from: iv4n on October 20, 2017, 05:07:12 AM

Quote from: futurebitcoins on October 20, 2017, 04:44:07 AM

Quote from: iluvbitcoins on October 19, 2017, 02:04:31 PM

Updating, I lost my bonus balance at 27% rollover Cry

So nothing from a comeback Sad

This is the end result of gambling if we chase to win or recover our losses. Don't ever repeat this mistake again.

If he don't try again he will never know is it his turn to win or not. Losing money on gambling is not a mistake if you can afford that lose, try again when you can and you will be lucky in one moment. In my country we say third time is the lucky times, that doesn't work always but that should be a reminder for not quitting.
Money needs to be spent somewhere on some fun, but with gambling you have chances to win something and not just to spent money. Change site, change game, or at least change strategy, try to mix this 3 things and maybe you will have more luck. Try poker if you are tired from dices.

Trying your luck is different from chasing wins because people who chase the wins will end up losing a lot of money in gambling and they will realise only when they lose all their money. But if you gamble for fun or trying to check your luck then always will fix some amount for these fun activities and they will never overspend on these games.

If we can win every third time then I can lose small amount first two times and go with a big amount on every third time. But these things never work.

The_prodigy

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Quote from: iluvbitcoins on October 18, 2017, 07:18:03 AM

I have around 500 000 bets placed on FJ
It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale)

I got 16 losses in a row
Starting with bet 0.000001BTC
And last bet was 0.03BTC
Counting a 0.06BTC loss total

Now, my question is, should I try to win it back?

I have a total bank of around 1.6BTC on my disposal

Odds of me losing those 16 bets in a row were 0.00179%
Somewhere around 1 to 60 000

Now, if I place a 0.06BTC there's a 50.5% chance I'll lose
If I lose, I place a 0.12BTC bet, 0.505*0.505= 25.5% chance I'll lose
If I lose, I place a 0.24BTC bet, 0,255025*0,505= 12.88% chance
If I lose, I place a 0.48BTC bet, 0,128787625*0,505= 6.5% chance I'll lose

If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9BTC (+0.03)

Is it worth it?
Should I cut my losses o.o

Odds of me losing 20 bets in a row should be 1 : 860 000
Which, with me having 500k bets, doesn't sound very good

IN a way yes you should however that should not be your mindset when playing as playing to win back what you lost would drive you crazy and obssessed. Treat every game ad it is a new start and always do not let your emotions cloud your rational analysis of what yoy shoulr do next

fasdorcas

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Quote from: iluvbitcoins on October 18, 2017, 09:23:32 AM

Quote from: frmracc on October 18, 2017, 09:18:36 AM

Holy damn, 16 losses in a row from 100 satoshi base bet and 2x multiplier. It must be pain in the ass, that's why i rarely bet on games that have provably fair.

Just saw you deposit again 0.1, damn dude you should cash it out when you get 0.03.

Twice!
In the same day Cheesy

I'm cutting my losses here, won't deposit more
Lost enough today xD

FJ has paid me enough, I'm glad it goes to them

Anyways, playing Monster Madness in a last ditch effort with the bonus
Currently at around x0.1, x39.9 to go lol

Happy you were able to make the best decision. The impulse is always hard to control mate, I have been there, but if I were you I would have just accepted my losses at first, move on and forget about recovery. Or possibly just relax for a while and try to see how your luck would play out eventually but that would have been a huge risk and a whole lot to bet too. Just consider that you have lost 0.06 twice and you have given back to FJ as a thank you gift like you said. Don't worry FJ will still give you back what you have lost with the campaign.

Cosbycoin

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Quote from: michkima on October 19, 2017, 12:03:27 PM

I would say that just don't do it. It involves a lot of effort to achieve such a goal in gambling. Chances are that chasing losses from his own pocket will result to more losses. That's the usually thing in gambling, so the best thing to do is to just hodl it for the long time and probably you'll get back the money lost.

I think there should be an attempt to win back the loss amount by gambling. No doubt that it may risky but for winning your amount back you must take risk but it is also possible and expected in gambling that you win double and triple of your original amount.

So being an addicted gambler an attempt should be made and may be your luck is with you that time but mind should be fresh during the new game.

pearlmen

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I would really want to know how this turn out for Op if he actually won back his money because personally I don't think its a right mentality to approach gambling with the sole.purpose of winning what you lost without considering the cost of getting that chance in the first place. The objective will then belcoud the judgment and if one is not careful, you ended up losing more than what you will eventual win.

Topic: Should I try to win back my loss? - page 19. (Read 4078 times)