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Topic: When do we have to stop before experienced loss? (Read 1563 times)

legendary
Activity: 1078
Merit: 1000
December 02, 2015, 12:39:50 AM
#53
Before I start to gamble I like to put a limit on how much money I'm willing to spend before I start to lose


This is actually a good idea. But it doesn't always work since people like to keep trying their luck the next round.

Nope. Actually it depends on them too. Each person having different thoughts. What I do know if people just keep trying and trying they sure have a lot of balance to be played so they can keep going with some winning. But people will low balance will set their limit of playing so they wont be addicted to it. Most people will do the second thing because only big whale will do the first thing without think anything else
hero member
Activity: 1316
Merit: 546
Monday Hit Me Every week
Now I want to ask,
  • What Fair bets in dice like SQL function?
  • why a website dice fair bet?
  • why should you use an SQL function like SHA2-512 hash?
  • whether the run and that makes SHA2-512 hash is a system?
  • Why more bing bet more loss ?

and I do not understand what is this? please tell me

Code:
create function dbo.CalculateBetResult
(
@serverSeed binary(32),
@clientSeed binary(8)
)
returns bigint
as
begin
declare @hash binary(64)
declare @index int
declare @r bigint

set @hash = HASHBYTES('SHA2_512', @serverSeed+@clientSeed)
set @hash = HASHBYTES('SHA2_512', @hash)
while 1=1
begin

set @index = 1
while @index <= 64 - 3
begin
set @r = cast(substring(@hash, @index, 3) as bigint)
if @r < 16000000
return @r % 1000000
set @index += 3
end

set @hash = HASHBYTES('SHA2_512', @hash)

end
return -1
end
legendary
Activity: 1268
Merit: 1009
There is no such limit imposed by any gambling sites to stop gambling after playing for certain number of times. But one thing you need to keep in mind is that, every gambling site has a particular house edge and that'll significantly make you lose a certain number of times until you meet their house edge percentage. After that you can again start experiencing wins for couple of following bets.

Thus, you can manually control yourselves by setting up your mindset in such a way that you won't play after an optimum number of bets.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
i had never gamble beyond my financial capacity so i will stop when i felt it's enough to do that
newbie
Activity: 33
Merit: 0
just multiply arround 1.4x after that stop and never play again
hero member
Activity: 714
Merit: 500
SkyFall
Limits should be set before starting to gamble. A person who chooses to gamble should set time and monetary limits and adhere to them. Money spent on gambling should be considered the cost of entertainment. We should gamble only with money we can afford to lose.

That is so true because if you don't have money than why gamble.

Oh well that is gambling right. And yeah gambling is a entertainment where you can win or lose money.

This sounds like really great advice but I don't think this will help out the people who can't stop playing once they get going.
hero member
Activity: 714
Merit: 500
Limits should be set before starting to gamble. A person who chooses to gamble should set time and monetary limits and adhere to them. Money spent on gambling should be considered the cost of entertainment. We should gamble only with money we can afford to lose.

That is so true because if you don't have money than why gamble.

Oh well that is gambling right. And yeah gambling is a entertainment where you can win or lose money.
legendary
Activity: 1155
Merit: 1174
https://keybase.io/lasergun
Limits should be set before starting to gamble. A person who chooses to gamble should set time and monetary limits and adhere to them. Money spent on gambling should be considered the cost of entertainment. We should gamble only with money we can afford to lose.
hero member
Activity: 756
Merit: 500
I don't bite.
Well if you feel that you will lose just stop, but if you feel that you are gonna win than bet more.
This logic will never work when it comes to gambling.
You will never win more if you think that you will, you will probably lose everything including your profit from your previous bet.
full member
Activity: 154
Merit: 100
during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh

for sure online site admin can control  the profit anyone gets, and i dont think most of these sites have a governing body to look after the events


PS: i am not a expert in online gambling, but i am an experienced developer
full member
Activity: 224
Merit: 100
Before I start to gamble I like to put a limit on how much money I'm willing to spend before I start to lose


This is actually a good idea. But it doesn't always work since people like to keep trying their luck the next round.

Hahah like me I love to spend some money to gamble, but of course I just spend what I can afford otherwise my wallet is to zero now.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
during my playing gambling at some sites that provide gaming dice, I experienced some problems, experienced loss after I get profite passable, if a gambling site is limited to win every day?  Huh

There are many Bitcoin gambling sites where the games are provably fair. You can find some of them in the list going by the link below:

https://en.bitcoin.it/wiki/Category:Gambling

There are also several threads here on bitcoitalk like this one for example:

https://bitcointalksearch.org/topic/top-10-bitcoin-gambling-sitesso-far-253606

On a provably fair site there is no such thing as a limit to win in one day for a player in the sense that they somehow make the player start losing after he won some amount.

But I understand your feelings. Many gamblers start thinking that the site the are playing is rigged when lose all they have. Just stop when you lost the amount you can afford to lose in a day. That's the best advice I can think of.
full member
Activity: 210
Merit: 100
fastdice.com The Worlds Fastest Bitcoin Dice
Before I start to gamble I like to put a limit on how much money I'm willing to spend before I start to lose


This is actually a good idea. But it doesn't always work since people like to keep trying their luck the next round.
legendary
Activity: 1946
Merit: 1007
i always play until i loose everything though i must admit that its not ok to do i think that the gambler has to feel when he should quit playing and withdraw everything

I would seriously reconsider gambling if this is how you feel during gambling. It's not good to keep going until everything is gone, unless ofcourse it makes you feel good to keep playing no matter how much you lose..
full member
Activity: 182
Merit: 100
Pollak
Before I start to gamble I like to put a limit on how much money I'm willing to spend before I start to lose
member
Activity: 113
Merit: 10
and what strategys are u using at dice to win and earn nice because u arent greedy
legendary
Activity: 3248
Merit: 1179
Gambling is a long and windy road which has it`s ups and downs. Learning to get out when u are up is a way to earn money, if u are greedy in long run u will end up with nothing. But we all know how gambling can be fun, especially when we are winning. And we all know how hard it is to cash out when it`s fun and when we are happy.

When we have to stop before experenced loss? Simple, when we have fun and feelin lucky.
legendary
Activity: 1148
Merit: 1006
Black Panther
Before start gambling, im ready to afford to lose so im aware the gambling risk upon me.
Since gambling results is quite difficult to be predict, we only have to guessing when will we must stop before experience loss more and more.
If you can't handle it, better stay away from it
legendary
Activity: 3808
Merit: 1723
It is not gambling site has a limitation for you to win but the game has designed like that no one knows when the house edge will come into play and washout all your money in no time. As of now no strategies are available to tackle the dice game loses so you bet only which you can afford to lose.

Yes its based on human emotions. And usually most people can't stop gambling especially if they are winning. THat's how the casinos make money.
legendary
Activity: 1456
Merit: 1005
It is not gambling site has a limitation for you to win but the game has designed like that no one knows when the house edge will come into play and washout all your money in no time. As of now no strategies are available to tackle the dice game loses so you bet only which you can afford to lose.
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