LOL Well you are part of a signature campaign, I guess you will have to work hard for it to repay a friend. Or you can gamble again and hope for the best. You'd gonna have to give a believable story to your friend to give you a grace period. Hope you won't end up losing this valuable friendship, having a friend ready to loan $1600 is hard to find.
Topic: Worst Day of My LIFE - Dice - page 14. (Read 1521 times)
Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering. 
I'm not sure if you're aware of the fact that martingale only works if you have an infinite bankroll. And that only exists in theory.
So don't believe anyone who touts you martingale or a version of martingale as a viable profit making opportunity. It's not. Each bet you do is still -EV at the end of the day due to the house edge in dice, which is low in comparison to other games, but is still there.
I suggest you look for help. You have an addiction it seems like, and I've personally been through the same stuff. Talk to a counsellor, there's online ones available.
Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering.
Why did you borrowed the money ? You want to play gamble and get profit from it ?
You should know gambling is the most uncertain game and in most cases it will give you loses. Now you will have to do some other work and repay this loan. It is better that you do not go for short cuts in life.
I’d love to laugh you in the face but I guess I’m not in the mood for that. You seem to have followed the Martingale betting strategy on dice chasing on losses after losses. Apparently that’s a flawed system and that would not work, even on provably-fair games/platforms, this wouldn’t work. You may have doubled or even tripled your money on sports betting and/or card games such as poker, and that might even help you get the win that you need.
I’m not sorry for your loss, though consider this an experience gained with a huge price to pay.
I’m not sorry for your loss, though consider this an experience gained with a huge price to pay.
I'm really sorry to hear that bro. But you understood when you have still time. You have lost only a few hundred bucks, there are people who due to their gambling addictions, lost their entire fortune and family. It's never a good idea to take loans to gamble either way. Gambling should be treated as an entertainment, nothing more!
Hell, I can't believe someone borrowing money to gamble. This is too stupid decision. Never gamble anything which you can't afford to lose.
I was having good profit from dice last week but yesterday I have lost a big amount as well. Dice is very risky way to generate money.
I was having good profit from dice last week but yesterday I have lost a big amount as well. Dice is very risky way to generate money.
You shouldn't have tried to borrow mate. I know the feeling though. The moment where you just keep rolling and rolling and doubling your bets without a care in the world. I doubt many gamblers havent felt that feeling, but I certainly have. Though it really is a bad habit to have not gonna lie. If you ever plan to borrow, at the very least, prepare something to fall back on. At least, you wouldn't be at this point where ur burried in debts and having a hard time.
Know that gambling is not a solution for financial problems. It is riskier when we play than we though. Gambling with borrowed money or to repay debt doesn't guaranteed that you will win and be able to return it back no matter how skilled you are. I guess you know all this things now since you experienced it. I hope it will enlighten many gamblers from this situation of yours.
Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering.
I can feel you mate, been in that situations many times in the past. Borrow money or went to a pawnshop for my gold bracelet, feeling lucky go on a landbased casino, started to win and feel good and invincible, but suddenly the tide has turn and I don't have any control anymore because my judgement is clouded.
Learn my lessons in a hard way and very expensive to say the least. Now, I don't gamble that much, just play to have some fun and of course bring money that I can afford to lose and that's it. If I won, then good, if not I can still it over and not think about that money.
your first mistake was borrowing money just to gamble, your second is you're not mentally prepared for the situation(which most gamblers are).
the third is you used it to gamble and want easy money and repay your debt to your friend in which went horribly wrong. I'm not even remotely sorry
for what happened to you(sorry for the harsh words) but you need to learn that the lesson.
the third is you used it to gamble and want easy money and repay your debt to your friend in which went horribly wrong. I'm not even remotely sorry
for what happened to you(sorry for the harsh words) but you need to learn that the lesson.
All you can do is learn from your mistakes. Don't beat yourself up too much.
Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering.
Jump to: