Worst mistake in gambling - page 102.

goldcoinminer

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Quote from: Mauser on August 01, 2016, 01:41:41 AM

Quote from: JasonXG on July 01, 2016, 05:37:42 PM

What are some the more idiotic and stupid mistakes that you know you shouldn't have made but did anyway. Yes this includes other none gambling stuff like sending btc to the wrong address. I'm interested to find out the stupid things other people do. Roll Eyes

The worst thing you can do is getting commited to a game. After losing all your stack you might want to recover these loses right away and just deposit more money. After a big loss you will forget about the risks and only look at making your money back. You should take a break after a big loss and let your emotions settle in first befoe making more decisions.

It is a common mistakes for everyone and we are usually doing it when we are playing with our emotions which does not normally bring a good result. I have tried that many times and the outcome is always the same which is I am losing.

Mauser

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Quote from: JasonXG on July 01, 2016, 05:37:42 PM

What are some the more idiotic and stupid mistakes that you know you shouldn't have made but did anyway. Yes this includes other none gambling stuff like sending btc to the wrong address. I'm interested to find out the stupid things other people do. Roll Eyes

The worst thing you can do is getting commited to a game. After losing all your stack you might want to recover these loses right away and just deposit more money. After a big loss you will forget about the risks and only look at making your money back. You should take a break after a big loss and let your emotions settle in first befoe making more decisions.

pooya87

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Quote from: Kibit on August 01, 2016, 12:52:31 AM

Quote from: lite on July 31, 2016, 11:57:52 AM

Quote from: ?? on ??

Exchanges is some kind of gambling =)

What do you mean by that?

When you buying some coins you making stake on its rise. It looks like a gamble. Isn't it?

not particularly.
if you are buying those coins randomly, then yes it is gambling. but if you are instead doing some research and finding the coin with a good future and then buying it then it is not gambling at all, it is an investment that has some risks. there is a big difference.

Kibit

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Quote from: lite on July 31, 2016, 11:57:52 AM

Quote from: ?? on ??

Exchanges is some kind of gambling =)

What do you mean by that?

When you buying some coins you making stake on its rise. It looks like a gamble. Isn't it?

bbc.reporter

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Quote from: Lionidas on July 31, 2016, 07:38:11 PM

Even starting would be the worst mistake one could make.
There should be a warning label on each casino before entering saying
You will lose all your money if you even attempt at gambling!
Because it's true! Grin

Haha. A casino looking over the welfare of the people discouraging them not gamble. This will be funny indeed because that casino will not earn much money. Why do you think casino advertisements have sexy women all over them. That is to attract the gambling losers and make them feel that they can be "winners". Sometimes they might be but most of the time the casinos are the real winners.

Lionidas

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Even starting would be the worst mistake one could make.
There should be a warning label on each casino before entering saying
You will lose all your money if you even attempt at gambling!
Because it's true! Grin

Blitzboy

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I think the worst mistake that i did before when i was newbie about gambling i spend a lot of bitcoins before that i thought that i can recover all my loses.. but never recover all my loses in dice game and slots..

DarkStar_

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The worst mistake I made was forgetting to make a bet on cloudbet first for an arbitrage (over 8% profit), and cloudbet ended up making a mistake and not offering the event. I saw that if you viewed the large list of odds, it displayed that it was locked, but clicking on the page where they list the events allowed you to add it to your betslip. What should have been 0.04BTC of guaranteed profit turned into 0.1BTC lost.

zodin

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Quote from: gabmen on July 31, 2016, 12:41:46 PM

Well worst mistake would be to invest too much time and resource to gambling. Let's face it gambling is a game of chance, there's no guarantee in gambling so making a bet that would either make or break you financially and emotionally would be a very big mistake

i personally did mistakes for so many time and for each time is that i lost the money beyond my limit, the worst mistake i did in gambling in cricket match,the match was between Pakistan and India, the India position was very clear and it was 99 percent winning game for India but i chose Pakistan for winning although the lost was not too much but still i boot if in advance.

fravia

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Quote from: ?? on ??

Exchanges is some kind of gambling =)

you are right about it, i think that trading is pure gambling and you can either make money with it or you can lose a lot of money with that, i would definitely not risk it

aranachristianjay

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Quote from: buyinbtc on July 31, 2016, 04:16:15 PM

Quote from: ?? on ??

Exchanges is some kind of gambling =)

well if you leave your money on exchange then it is definitely gambling because you cannot be sure that you wont lose money, or if you do trading then it is gambling too

Trading and gambling do have the same way of putting your money at stake in hope of getting more from it,

But when you said gambling, it is where you play a game or predict the result of the game to win,
Where in trading, yeah you still predict but, the risk is too minimal and you can sell what you have anytime you want.
No thrill and excitement felt, as you know that you have set a limit when to sell what coins you have,
where that feelings is what makes up gambling.

so basically, trading and gambling do have the same purpose, But they do have a different mechanics.
That makes trading not a gambling.

buyinbtc

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Quote from: ?? on ??

Exchanges is some kind of gambling =)

well if you leave your money on exchange then it is definitely gambling because you cannot be sure that you wont lose money, or if you do trading then it is gambling too

aranachristianjay

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Quote from: PeRo on July 31, 2016, 01:46:33 PM

My worst mistake in gambling is probably when I was playing dice and I had accidentally put a 4.7% chance on a 0.02 BTCitcoin bet. I actually wanted to put 47% chance on the bet... It is not some big money but it is a pretty dumb mistake. Pretty similar to other users mistakes.

Yeah that is kinda anoying if that happens to me,

If you win at that rate of chance you've put, then you have a higher amount of bitcoins to take,
But still the risk for that is too big compared to the bigger chance.

By the way, I am still lucky that I didn't have any error when I am playing gambling games.

PeRo

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My worst mistake in gambling is probably when I was playing dice and I had accidentally put a 4.7% chance on a 0.02 BTCitcoin bet. I actually wanted to put 47% chance on the bet... It is not some big money but it is a pretty dumb mistake. Pretty similar to other users mistakes.

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Quote from: ipanks on July 31, 2016, 01:10:47 PM

Quote from: JasonXG on July 01, 2016, 05:37:42 PM

What are some the more idiotic and stupid mistakes that you know you shouldn't have made but did anyway. Yes this includes other none gambling stuff like sending btc to the wrong address. I'm interested to find out the stupid things other people do. Roll Eyes

worst mistake that every people that gambling is stay longer than other people, even if he/she is loss. and the stupid mistakes is when we play gambling but we do not know the rule Grin

this is true, if you stay longer, the more chance of you losing all your money. Focusing on gambling for a long time will make your strategy and decision dull. Anothe thing is, by not setting up your budget for your bankroll and gain. You should have a limit for the money you can loss and the amount you can win.

ipanks

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Quote from: JasonXG on July 01, 2016, 05:37:42 PM

What are some the more idiotic and stupid mistakes that you know you shouldn't have made but did anyway. Yes this includes other none gambling stuff like sending btc to the wrong address. I'm interested to find out the stupid things other people do. Roll Eyes

worst mistake that every people that gambling is stay longer than other people, even if he/she is loss. and the stupid mistakes is when we play gambling but we do not know the rule Grin

bitlancr

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Quote from: lite on July 31, 2016, 11:57:52 AM

Quote from: ?? on ??

Exchanges is some kind of gambling =)

What do you mean by that?

Quote from: canah17 on July 31, 2016, 11:36:06 AM

Quote from: JasonXG on July 01, 2016, 05:37:42 PM

What are some the more idiotic and stupid mistakes that you know you shouldn't have made but did anyway. Yes this includes other none gambling stuff like sending btc to the wrong address. I'm interested to find out the stupid things other people do. Roll Eyes

My worst mistake in gambling is playing gambling -_- i always lost in gambling that's my worst mistake but still i keep on playing i don't know why but its fun losing money -_-

You're not alone, there are many folks who lose on daily basis.(addiction is so strong) i don't play regularly only like 2-6 times a month.

That's very sad indeed, but being an addict is a choice. Even if you are not strong you should be able to re cope and signal ate your addiction.
Then find a find to stop it.

gabmen

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Well worst mistake would be to invest too much time and resource to gambling. Let's face it gambling is a game of chance, there's no guarantee in gambling so making a bet that would either make or break you financially and emotionally would be a very big mistake

lite

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Quote from: ?? on ??

Exchanges is some kind of gambling =)

What do you mean by that?

Quote from: canah17 on July 31, 2016, 11:36:06 AM

Quote from: JasonXG on July 01, 2016, 05:37:42 PM

What are some the more idiotic and stupid mistakes that you know you shouldn't have made but did anyway. Yes this includes other none gambling stuff like sending btc to the wrong address. I'm interested to find out the stupid things other people do. Roll Eyes

My worst mistake in gambling is playing gambling -_- i always lost in gambling that's my worst mistake but still i keep on playing i don't know why but its fun losing money -_-

You're not alone, there are many folks who lose on daily basis.(addiction is so strong) i don't play regularly only like 2-6 times a month.

bestluck

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The owrst mistake for any person in gambling will be that, the gambler will bet a higher amount without caring for the future bets, as it is not guaranteed that the person will win that bet, only a few people win by luck but not all, the better option will be that divide your money in different small fractions and try multiple bits with that fractions.

Topic: Worst mistake in gambling - page 102. (Read 42612 times)