Should I try to win back my loss? - page 21.

Hhampuz

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Meh.

Quote from: Aamir1 on October 19, 2017, 06:06:01 AM

If i had lost 0.06BTC and i wanted to recover them having a sum of 1.6BTC i would have placed a bet with 0.1BTC setting the multiplier at 1.1 which would give me 0.01BTC for each win, and for sure i wouldn't be able to win many bets even with those odds, but i would place 3 bets at a time, and 3 bets later, so that i wouldn't lose my deposited amount again. I think this is a quite better way of trying to recover than betting at 2x with a very small initial bet and lose multiple bets in a row which will lead to a bigger amount at the end.

That sounds like a terrible idea! Anyone playing at 1.1 odds deserves to lose more or less, lol. So what if he places 3 bets of 0.1 each and somehow manages to lose all of them? At that point he's down 0.36. Would rather take the 0.1 and put on 2x for a quicker way of getting out of the hole. Maybe that's just me though..

Aamir1

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If i had lost 0.06BTC and i wanted to recover them having a sum of 1.6BTC i would have placed a bet with 0.1BTC setting the multiplier at 1.1 which would give me 0.01BTC for each win, and for sure i wouldn't be able to win many bets even with those odds, but i would place 3 bets at a time, and 3 bets later, so that i wouldn't lose my deposited amount again. I think this is a quite better way of trying to recover than betting at 2x with a very small initial bet and lose multiple bets in a row which will lead to a bigger amount at the end.

Hhampuz

legendary

Activity: 3038

Merit: 6194

Meh.

Quote from: serjent05 on October 19, 2017, 05:39:48 AM

Quote from: Hhampuz on October 19, 2017, 02:14:44 AM

I wouldn't listen to all the doubters in here if I were you iluvbitcoins. If I were to cut my losses and move on each and every time that I was taking a small loss I would have nowhere near what I have today. I would probably ble closer to being broke than I am now. It's silly, really. If you went in to gambling with a mindset of winning you have to keep on pushing for it until you win. So what if you lose your entire bankroll? You had that bankroll for gambling either way, right?

I guess he have, but it would be better to just let go of losses and be refreshed everytime he is going to play as if it is this first time

. Aiming to get what he have losses will only trouble him and make him frustrated. See how he started the thread. We are dealing the emotional aspect here, to continue to play or not is upto him . I will never advise him to stop but rather just let go of all the loses of peace of mind's sake

.

Why would it be better for him to cut his losses? Give me one good example?

If he went in with x amount and is prepared to lose x amount why should he stop after losing 0.X amount? Makes no sense. If you are going to cut losses you might as well never gamble in the first place to risk it.

serjent05

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Quote from: Hhampuz on October 19, 2017, 02:14:44 AM

I wouldn't listen to all the doubters in here if I were you iluvbitcoins. If I were to cut my losses and move on each and every time that I was taking a small loss I would have nowhere near what I have today. I would probably ble closer to being broke than I am now. It's silly, really. If you went in to gambling with a mindset of winning you have to keep on pushing for it until you win. So what if you lose your entire bankroll? You had that bankroll for gambling either way, right?

I guess he have, but it would be better to just let go of losses and be refreshed everytime he is going to play as if it is this first time

. Aiming to get what he have losses will only trouble him and make him frustrated. See how he started the thread. We are dealing the emotional aspect here, to continue to play or not is upto him . I will never advise him to stop but rather just let go of all the loses of peace of mind's sake

.

Bitinity

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You can try to win back what you have lost but you need have money management. Otherwise you might get in a big trouble if you keep on losing all what you have. It is normal, all gamblers will think the same way "I'll play again tk recover my previous lost" but most of them do not have good money management which leads them to a bigger lost.

shintosai

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Quote from: thinkdifferent on October 19, 2017, 04:56:25 AM

It looks your well-experienced gamblers so you should know what to do in these situations. Even if I'm playing with free money I will not continue. I will stop gambling and move on with other things to do.

for sure he knows what he's doing he just thinking twice since things happen to him now, but for sure he will make a plan and if not today he will try it
the other day and start to win it back little by little, let see if he will make some notes here whether he continue or what other things that he do in order
to overcome this situation.

Juggy777

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Impulsive betting can never be good, it does more harm than good. You have played way many to times and I don't really understand why you wish to play more. Look I love gambling, but gambling this way and loosing all in one go is sheer stupidity, remember one even looses more if he tries to recover his looses, I would advise you to refrain from trying your hand again, rather wait for a day or two rethink your strategy then come back, you'll work with a better mind, I don't think you should play today.

bhadz

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After losing 16 times consecutively, there will be a chance that you can win one time. Sorry mate but I can't decide for you since it is your money that you will be gambling and if we'll push you through to gamble and later on you lose the blame will be point to us. But if your conscience will tell you that you have to recover your losses, control your mind. Whatever will be your decision mate, good luck.

btc78

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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

the eager you want to recover losses in gambling,the more of chances of lossing..for me gambling is a matter of luck and if its on your side,u should have win in first 5 bets.but it tool you 16 to realize to stop and ask for advice.search for another thing to earn,not by gambling

thinkdifferent

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It looks your well-experienced gamblers so you should know what to do in these situations. Even if I'm playing with free money I will not continue. I will stop gambling and move on with other things to do.

iluvbitcoins

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Freedom&Honor

Quote from: Hhampuz on October 18, 2017, 01:55:49 PM

Oh man! I've never seen anyone be as unlucky as you have. All I'll say is, you are due a win. If I were you I'd stick 0.6 BTC on the next bet, if you are extremely unlucky and get 17 losses in a row just take the last 1 BTC and go for it. I swear to god I've never seen 18 losses in a row, if you were to get that... FJ would owe you some kind of explanation. It would be unheard of. Never don't stop.

Man, 30 losses in a row happen, 16 is nothing special
Just too bad it happened to me twice in an hour o.o

Quote from: mirakal on October 18, 2017, 09:44:21 PM

If you can still afford to bet then go, if that will happen in my case and I still have the money I will always chase because that was very unlucky cold streaks, when you break that you will get your money and you will win in the end. However, always consider betting only what you can afford to lose in order not to regret your decision.

Lol, I CAN live without my BTC, but I don't want to
NotGonnaRiskIt Cheesy

Also, I'm still rolling on the bonus funds, currently at 11% rollover with 135 mbtc Cheesy

noormcs5

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I see you have too much lose, Definitely right now it will be hard for you to take right decision, i know i have been late but for me you are brave man to bear it continuously. If i was here in your place then may be i couldn't play it for a long time. But i advice stay away right now, Actually i do usually 2 or 3 bets continuously if i win or not. I couldn't continue first of all i can't afford it and secondly your first or second bet tell you now it was your lucky day or not then understand the hint.

ArnoldChippy

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Quote from: thisappointed on October 19, 2017, 01:05:45 AM

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

Well at least you know that it doesn't sound that good after losing big amount of money in a row, maybe it is a sign to you that gambling is not the one for you, I know that it is hard for you to lose something like that, but you will just worsen the situation if you are going to gamble more, think of it, there is a lot of ways our there waiting for you to earn money without losing that big like you lost in gambling.

If I were you, I'm going to think of it deeply, move on and try another way to earn bitcoin, but safer than gambling, I'm sure it is going to worth a try rather than to always try winning on gambling.

I think we cannot conclude a result from just a 5 or 10 minuets game. the last one which is not looking clear look like in profit. Although it is not good to play gambling for a huge amount but if you are already playing with your profit then it is ok. I think we need to have some limit for our gambling and we should try to play for our lost within the limit and should not exceed the limit. Because most of the people lost money as they try to recover their lost and do not care about their limit.

Hhampuz

legendary

Activity: 3038

Merit: 6194

Meh.

I wouldn't listen to all the doubters in here if I were you iluvbitcoins. If I were to cut my losses and move on each and every time that I was taking a small loss I would have nowhere near what I have today. I would probably ble closer to being broke than I am now. It's silly, really. If you went in to gambling with a mindset of winning you have to keep on pushing for it until you win. So what if you lose your entire bankroll? You had that bankroll for gambling either way, right?

thisappointed

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Activity: 616

Merit: 502

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

Well at least you know that it doesn't sound that good after losing big amount of money in a row, maybe it is a sign to you that gambling is not the one for you, I know that it is hard for you to lose something like that, but you will just worsen the situation if you are going to gamble more, think of it, there is a lot of ways our there waiting for you to earn money without losing that big like you lost in gambling.

If I were you, I'm going to think of it deeply, move on and try another way to earn bitcoin, but safer than gambling, I'm sure it is going to worth a try rather than to always try winning on gambling.

kodes88

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Activity: 672

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That's a huge loss, if I were you I'd prefer to stop gambling, find another way to cover up your losses not from gambling anymore but look again for another way of working because if you're looking for a gamble you'll only exacerbate your losses.

daringdiscovered

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Activity: 700

Merit: 500

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

If I were you I'm going to quit gambling in an instant, that is not going anywhere based on your betting history, you lose in a row, and I guess that is suffice for you to quit gambling or call it a day, you are just going to lose more if you are going to continue playing against the house, you would never win against it. I'd rather use your money on something that is more useful and safe than gambling, if I were you.

BossMacko

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Activity: 1134

Merit: 502

If i am on your shoes i will not chase any of my losses. Ive done this before and i can tell you that instead of getting back all my losses every attemp i do adds to my losses. what i am saying is if you dont want to increase your losses you should better stop gambling. Keep all the money you have.

MinerHQ

legendary

Activity: 1456

Merit: 1023

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

I think you should stop playing again for some time and forget those losses. You shouldn't chase down your losses particularly on fully luck based games. In this process, you may lose even more money so just stop it for now. The best option is to try to recover this money from other investments like trading or investing in any good casino bankrolls except direct gambling.

RealPhotoshoper

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Quote from: mirakal on October 18, 2017, 09:44:21 PM

If you can still afford to bet then go, if that will happen in my case and I still have the money I will always chase because that was very unlucky cold streaks, when you break that you will get your money and you will win in the end. However, always consider betting only what you can afford to lose in order not to regret your decision.

Chase it until you lost everything? Is that what are you trying to say?
Always better to stop right after you are in bad mood or in bad luck before things turn messed up.
Stop as you only lost 0.06 at least for now , gambling is always unexpected even you said the odds of losing 20 bets in a row should be 1 : 860 000 , you could still get another 20 losing streaks or even worse.

Topic: Should I try to win back my loss? - page 21. (Read 4078 times)