One of my friends has just lost $10,000 in football gambling and I have been trying to encourage him. I will like to find out how much you have lose in gambling and how did you manage the loses. I know many has makes some profits from gambling and some has lost significant amounts of money as this market is a very risky one.
Sad to hear that man but this thing is just actually normal if you do engage into gambling. All of us do have tendency to lose on the amounts in a short span of time the same as on making profit it. $10k would really be a big amount to lose up. Talking into my situation I haven't lose out more than $2000 because everytime I do gamble I do only get a small partition on what I have earned on this cryptomarket but well anyone do have different financial capacity which means lose amount will always be different too. 
Topic: What is the highest lost you have made as gambler? - page 6. (Read 863 times)
So far it is only 0.3 BTC for me and that is back way last year from now, I had stop playing gambling ever since, I really not recommend playing gambling as a way of earning bitcoin because it is not a way at all, I really think this is only a leisure that needs to be keep on a balance because you can really get addicted to it, Because there are people that are really very lucky in gambling and tend to keep up the pace until they become millionaire.
0.2 Bitcoin worth around 4000$ when i lost it. Played 1.5x on Dice game and encountered 12 reds in a row. Actually when we experience a losing streak we lost track of the bets and forgets when to stop. This eventually makes us bust our whole balance.
I think 0.6 BTC on sportsbook, back then when i was really addicted into sportsbetting and betting all in after got lose streak. That was the biggest lost i ever made on sportsbook until now.
I have lost around $1000 in sports betting, it was demoralizing 
Highest loss I've ever had was around 5 BTC, back when the price was still at around 150 USD.
All lost with a single bet in dice on a x1.5 multiplier.
Didn't hurt that much at the time, but now I do kinda regret it
All lost with a single bet in dice on a x1.5 multiplier.
Didn't hurt that much at the time, but now I do kinda regret it
One of my friends has just lost $10,000 in football gambling and I have been trying to encourage him. I will like to find out how much you have lose in gambling and how did you manage the loses. I know many has makes some profits from gambling and some has lost significant amounts of money as this market is a very risky one.
I have lost around $1000 over night in just few slot rolls and blackjack back than when I was only making around $200 per month from different online ventures so that was comparitively biggest lost I have ever had in my life. But that also taught me a lesson that I should never gamble which I can't afford to loss and nowadays I only bet few bucks and I am not quite fan of betting thousands on football or any other matches. Nobody can predict the outcome of the game so its just like rolling your luck dice.
One of my friends has just lost $10,000 in football gambling and I have been trying to encourage him. I will like to find out how much you have lose in gambling and how did you manage the loses. I know many has makes some profits from gambling and some has lost significant amounts of money as this market is a very risky one.
losing $10,000 is big money for me, and I cannot think about how long I can save that money. but I guess I don't lose too much money, and I don't calculate how much money that I've lost. until now, I didn't manage the loss, and I let it away without thinking about to recover in gambling because I know that to recover in gambling, it is impossible for me, and I am not a good gambler so I will skip recovering.
My biggest loss is 8 bitcoins around 2011. It was around the time when 1 bitcoin was worth between $12 and $15.
It was a small amount that time but whoever now just see that 8 bitcoin loss will be shocked.
$600-$800 is a normal lost for me in a night in a casino. I just slept it over and think that tomorrow will be a good day for me to recover my lost. But this year alone, I calculated that I'm negative $5K-$6K already. Lots of money if you would think of it, but gamblers will be gamblers.
In gambling, we never ever should try to recover back our lost money because in this process we may lose even more. So try to get back your lost money from other investments, not from gambling.
I didn't lose much in gambling because made some money in sports betting and lost some money in casino games but surely overall lose will be very less.
One of my friends has just lost $10,000 in football gambling and I have been trying to encourage him. I will like to find out how much you have lose in gambling and how did you manage the loses. I know many has makes some profits from gambling and some has lost significant amounts of money as this market is a very risky one.
Depends if you ask me in dollar value or bitcoin value ? If you mean bitcoin than the biggest I lost was 2.2 bitcoin back when bitcoin was cheap, it was easy to gather that much bitcoin back when I gambled. I remember gambling with 0.1 like it was nothing. However if you are asking in dollar value than highest I lost was $1000 bet on a poker, I did not put up thousand dollars on poker, I gradually won that amount from others and than lost myself so I don't know if it counts, not my own money but I could have just said "enough" and get out but I did not. Which I think should consider as mine.
$600-$800 is a normal lost for me in a night in a casino. I just slept it over and think that tomorrow will be a good day for me to recover my lost. But this year alone, I calculated that I'm negative $5K-$6K already. Lots of money if you would think of it, but gamblers will be gamblers.
One of my friends has just lost $10,000 in football gambling and I have been trying to encourage him. I will like to find out how much you have lose in gambling and how did you manage the loses. I know many has makes some profits from gambling and some has lost significant amounts of money as this market is a very risky one.
$ 10k is a very large amount that I might not spend in gambling. My biggest loss in a single game was only about $ 200 and that was a long time ago. When in a relatively large losing position, I would usually try to chase it little by little.
Well that sucks. That's why it has been said so many times that you should never bet all-in even if you feel most confident about a certain outcome. Sh!t happens. Successful bankroll management is wagering 5% of the bankroll per bet tops and never ever going above that limit otherwise a series of losses will bust you. I guess your friend went all-in and now has no funds to try recouping his loss.
My biggest loss is 8 bitcoins around 2011. It was around the time when 1 bitcoin was worth between $12 and $15.
I started out with 2 bitcoins. Gambled and won 6 additional btc betting on sports. I grew overconfident from winning and began to make bad decisions based on emotion and the expectation that I would guess the correct outcome the way I did in the past. That led to my downfall.
That's something I struggle with. A very common theme in gambling and investing where people initially make good decisions which lead to them being profitable. However, they lack the mental discipline and determination to stay focused. Eventually they lose their composure make decisions based on emotion and past patterns of winning and things fall apart.
Where did he bet $10k btw? Most online gambling sites have maximum bet limits lower than $10k.
I started out with 2 bitcoins. Gambled and won 6 additional btc betting on sports. I grew overconfident from winning and began to make bad decisions based on emotion and the expectation that I would guess the correct outcome the way I did in the past. That led to my downfall.
Yes he loss the $10,000 in one match and because of the amount involved he is discouraged about everything. I think he go too far and that is what affect every gamblers. When the win two or three games the greed do set in and make them to bet more and in the process lose heavy.
That's something I struggle with. A very common theme in gambling and investing where people initially make good decisions which lead to them being profitable. However, they lack the mental discipline and determination to stay focused. Eventually they lose their composure make decisions based on emotion and past patterns of winning and things fall apart.
Where did he bet $10k btw? Most online gambling sites have maximum bet limits lower than $10k.
One of my friends has just lost $10,000 in football gambling and I have been trying to encourage him. I will like to find out how much you have lose in gambling and how did you manage the loses. I know many has makes some profits from gambling and some has lost significant amounts of money as this market is a very risky one.
Hey 10k is a huge loss did he loose out on one match, or playing multiple matches? I would like to quantify my two highest looses in fiat and btc. I lost around 5k in fiat while playing the big bash league, just when I thought the world would be over I decided to play another 5k and I won that match, basically i squared off my looses.
Now coming to my btc loos, this took place when I had just started playing in excitement to win big I played a roll of 0.01 btc and lost it, but I didn't try to recover it though. One should know when to stop, that's the key to gambling.
One of my friends has just lost $10,000 in football gambling and I have been trying to encourage him. I will like to find out how much you have lose in gambling and how did you manage the loses. I know many has makes some profits from gambling and some has lost significant amounts of money as this market is a very risky one.
Hey 10k is a huge loss did he loose out on one match, or playing multiple matches? I would like to quantify my two highest looses in fiat and btc. I lost around 5k in fiat while playing the big bash league, just when I thought the world would be over I decided to play another 5k and I won that match, basically i squared off my looses.
Now coming to my btc loos, this took place when I had just started playing in excitement to win big I played a roll of 0.01 btc and lost it, but I didn't try to recover it though. One should know when to stop, that's the key to gambling.
I played my 0.04 BTC last year and I did manage to make it to 0.1 but I got too greedy and lost it all. I wasn’t happy and I wasn’t able to think straight knowing that I lost a lot of money. It’s just for entertainment, we all say, but it’s really all about what we learn and experience. The money lost, would be hard to recover, it’s up to the person to realize this and not gamble more than what you can afford.
One of my friends has just lost $10,000 in football gambling and I have been trying to encourage him. I will like to find out how much you have lose in gambling and how did you manage the loses. I know many has makes some profits from gambling and some has lost significant amounts of money as this market is a very risky one.
Previously, some of my lost wasn't that bad due to I got more wins rather than losses. Bitcoin amount of 0.007 btc was just small compared to what I had lost at around 0.015 btc, that's why it doesn't affect me emotionally. I learned how to handle my gambling plays at a certain limits which some gamblers couldn't do, because there's an emotional attachment on it.
I didnt lose much in gambling with crypto's. I've been applying discipline when I gamble since it has been precious to me. Few years ago I've lost a total of 0.015 within a single day and value of bitcoin isnt much by that time.
Keep on encouraging your friend that the only way to recover is to accept his fate for now and work his on own and save again that money, use it for better way of living.
Keep on encouraging your friend that the only way to recover is to accept his fate for now and work his on own and save again that money, use it for better way of living.
One of my friends has just lost $10,000 in football gambling and I have been trying to encourage him. I will like to find out how much you have lose in gambling and how did you manage the loses. I know many has makes some profits from gambling and some has lost significant amounts of money as this market is a very risky one.
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