Worst mistake in gambling - page 54.

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Quote from: shulio on April 10, 2017, 04:02:44 PM

Quote from: ePesoInitiative on April 10, 2017, 03:19:36 PM

Worst mistake in gambling is thinking you can recover your losses with increasing bet amounts until you're broke.

Thats not the worst mistake. The worst mistake is to love everything then just to realize that you have did something wrong. I have ever been in that kind of position that is why I am now only doing it for fun. I dont really think that people should increase their wager amount however most people like to take bigger risk

I disagree, I think following your losses and trying to recover with bigger risks is deadlier.
I mean that is if you can’t afford losing your risks. If you are wealthy and following your losses and losing even more while you try to recover is not a big issue if you are rich enough to lose but if you are not that is the worst mistake.

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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

My biggest mistakes in gambling? I mistakenly bet all of my coin in bitvest it was 0.1btc 2nd biggest mistake is I've sent btc in wrong deposit address in bitvest but I contacted support and they take my coins back to me

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Quote from: Lieldoryn on April 10, 2017, 07:23:41 PM

I believe that the biggest mistake of the player is when the person is not able to control his excitement and trying to win more or to win back your losses.

This is very addicting as well because the person gains a winning spirit even if they are losing and then they start betting more and more - with hopes that they will recover their losses and win back all their money. Chasing losses is very dangerous because it leads to more losses and it also gets you addicted to the process of gambling more and more. We must control our emotions and not think about losses but move on and stop gambling.

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Quote from: fitty on April 10, 2017, 10:39:38 PM

Quote from: blockman on April 10, 2017, 10:16:31 PM

Quote from: Lieldoryn on April 10, 2017, 07:23:41 PM

I believe that the biggest mistake of the player is when the person is not able to control his excitement and trying to win more or to win back your losses.

I consider that only as a worse not a worst mistake. I saw an article and read it that I consider it to be the worst mistake in gambling. He sold everything he got and even sold his wife because he has faced a lot of problems because of his addiction. And that's the worst and craziest thing ever I knew in gambling.

That's terrible. I think that person has a mental incapacity, or so addicted in gambling. Well in the first place, Gambling was only intended for entertainment. However, because there is a money involved, many are addicted in the sense that they want to win the money. Some are funding their wallets with a huge amount thinking that if they had a huge capital, they can win huge. But the other things happened.

Engaging in Gambling without discipline and a good mindset, that's what I consider the Worst mistake a person can do.

Without discipline will pose bigger risk as regardless of the amount you put, you will only subject to one result which is losing. Gambling is full or risk, therefore everyone must understand that in order to minimize that risk, he needs to follow whatever game plan he has in mind.
If you do not have a game plan, you are just gambling without direction and most likely you will end up losing.

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Quote from: blockman on April 10, 2017, 10:16:31 PM

Quote from: Lieldoryn on April 10, 2017, 07:23:41 PM

I believe that the biggest mistake of the player is when the person is not able to control his excitement and trying to win more or to win back your losses.

I consider that only as a worse not a worst mistake. I saw an article and read it that I consider it to be the worst mistake in gambling. He sold everything he got and even sold his wife because he has faced a lot of problems because of his addiction. And that's the worst and craziest thing ever I knew in gambling.

That's terrible. I think that person has a mental incapacity, or so addicted in gambling. Well in the first place, Gambling was only intended for entertainment. However, because there is a money involved, many are addicted in the sense that they want to win the money. Some are funding their wallets with a huge amount thinking that if they had a huge capital, they can win huge. But the other things happened.

Engaging in Gambling without discipline and a good mindset, that's what I consider the Worst mistake a person can do.

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Quote from: blockman on April 10, 2017, 10:16:31 PM

Quote from: Lieldoryn on April 10, 2017, 07:23:41 PM

I believe that the biggest mistake of the player is when the person is not able to control his excitement and trying to win more or to win back your losses.

I consider that only as a worse not a worst mistake. I saw an article and read it that I consider it to be the worst mistake in gambling. He sold everything he got and even sold his wife because he has faced a lot of problems because of his addiction. And that's the worst and craziest thing ever I knew in gambling.

I agree that's the worst thing that you will face when you get addicted to gambling. I mean losing everything you have just to pay off your debts shows signs that you really lost the game. A lot of gambling addicts have similar situations that you just have mentioned but what they have in common is that they always lost everything to gambling. People are not aware that they even are addicted to gambling because they think its part of their daily lives, that is something hard to dig because it is deep down in to your conscience.

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Quote from: Lieldoryn on April 10, 2017, 07:23:41 PM

I believe that the biggest mistake of the player is when the person is not able to control his excitement and trying to win more or to win back your losses.

I consider that only as a worse not a worst mistake. I saw an article and read it that I consider it to be the worst mistake in gambling. He sold everything he got and even sold his wife because he has faced a lot of problems because of his addiction. And that's the worst and craziest thing ever I knew in gambling.

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Quote from: torry28 on April 10, 2017, 09:23:05 PM

Quote from: tabas on April 10, 2017, 06:36:37 PM

Quote from: ePesoInitiative on April 10, 2017, 03:19:36 PM

Worst mistake in gambling is thinking you can recover your losses with increasing bet amounts until you're broke.

It's a normal thing that we can recover our losses by increasing bets. That's how gambling works, we think that it can give us more chane of recovering if we are going to take up the risk. And well, it's a mistake that we are thinking that way but I don't consider it as a worst one.

Increasing your bet is not only way how to recover your losses before. You can lower your win chance with same bet, so when your bet win, yu can recover your losses, or you can play in same win chance but you must win more than your losses (This is need time).

Most users does it after a loss. Only very few will be successful and most others end up losing more. Increasing the bet amount to compensate or gain back the lost amount is making gambling more risky. I suggest try to retain little by little, it takes a bit more time but during the same you'll learn much about what needs to be done and what should not be.

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Quote from: tabas on April 10, 2017, 06:36:37 PM

Quote from: ePesoInitiative on April 10, 2017, 03:19:36 PM

Worst mistake in gambling is thinking you can recover your losses with increasing bet amounts until you're broke.

It's a normal thing that we can recover our losses by increasing bets. That's how gambling works, we think that it can give us more chane of recovering if we are going to take up the risk. And well, it's a mistake that we are thinking that way but I don't consider it as a worst one.

Increasing your bet is not only way how to recover your losses before. You can lower your win chance with same bet, so when your bet win, yu can recover your losses, or you can play in same win chance but you must win more than your losses (This is need time).

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Unless there was a legit answer to why that negative result happened then there shouldn't be any point to gambling any further. Bitcoin is one of the things that allow gamblers the ease of paying and playing gambling games online without having to worry so much about getting caught or noticed for doing so. That feeling of minimal supervision is dangerous, we just have to manage what we have before more negative things happen in the Casino.

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Quote from: Lieldoryn on April 10, 2017, 07:23:41 PM

I believe that the biggest mistake of the player is when the person is not able to control his excitement and trying to win more or to win back your losses.

There is one point that is more important than that, is a gambler always can't learn from the mistakes he made, when the mind to cover losses continue to occur, even after learning to control anything as perfect as it still will not accept it, they will continue to repeat the same thing, this is what I call "amateur players"

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I believe that the biggest mistake of the player is when the person is not able to control his excitement and trying to win more or to win back your losses.

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Quote from: ePesoInitiative on April 10, 2017, 03:19:36 PM

Worst mistake in gambling is thinking you can recover your losses with increasing bet amounts until you're broke.

It's a normal thing that we can recover our losses by increasing bets. That's how gambling works, we think that it can give us more chane of recovering if we are going to take up the risk. And well, it's a mistake that we are thinking that way but I don't consider it as a worst one.

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Quote from: shulio on April 10, 2017, 04:02:44 PM

Quote from: ePesoInitiative on April 10, 2017, 03:19:36 PM

Worst mistake in gambling is thinking you can recover your losses with increasing bet amounts until you're broke.

Thats not the worst mistake. The worst mistake is to love everything then just to realize that you have did something wrong. I have ever been in that kind of position that is why I am now only doing it for fun. I dont really think that people should increase their wager amount however most people like to take bigger risk

People are always looking for instant profit they are not thinking first why those business are still alive if they are giving free money to other people just to gamble in their business. .
Most if the rich people they are treat gambling as their past time not majority of making profit so if you are the one who are addicted or recovering what you are lose in gambling better to stop or quit in gambling because in the end you will regret..

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Quote from: gabmen on April 09, 2017, 10:02:08 AM

~snip~
That happened to me quite a couple of times as well. Its the same. Cashing out is already part of your gambling process so sending to the wrong address is basically a hard lesson that we learn and sadly, like me, it doesn't happen on one occassion only

OMG this is post of the year! Grin

It never happened to me, i am sure it wont, i always double check before I send anything.
How the hell did you do that? Do you manually type address or what?

Quote from: Stedsm on April 10, 2017, 03:24:10 PM

Quote from: ePesoInitiative on April 10, 2017, 03:19:36 PM

Worst mistake in gambling is thinking you can recover your losses with increasing bet amounts until you're broke.

That's the best comment.
If I talk about the mistake I committed, I once played at a website where I wanted to send a bet of BTC0.03 and in a hurry, I sent the whole balance that was BTC0.3 and lost the bet due to which I didn't even sleep for a whole week, after which I have adapted a habit of triple-checking my sending amount before pressing the "Send" button.

To be honest i think this is common mistake. It happened to me so many times, i just forget to write one more zero, but my bets are way lower than this, so it's not really worth mentioning and it doesn't change things too much.

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Quote from: ePesoInitiative on April 10, 2017, 03:19:36 PM

Worst mistake in gambling is thinking you can recover your losses with increasing bet amounts until you're broke.

Thats not the worst mistake. The worst mistake is to love everything then just to realize that you have did something wrong. I have ever been in that kind of position that is why I am now only doing it for fun. I dont really think that people should increase their wager amount however most people like to take bigger risk

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Quote from: giveen on April 09, 2017, 04:13:34 PM

Quote from: Vaskiy on March 27, 2017, 11:23:01 PM

Mistakes with gambling takes place often. People with the hope of earning good participate into gambling and in a short things go out of control and loss happens. Some overcome it in a short realising the truth but few loss everything and ends in a short. Mistakes in gambling based on the user.

That is of course the most common mistakes i have noticed most of the gamblers making and for those people who make these mistakes it is best for them not gamble as control is the most important part and if we don't have self control then it going to be bad for us.

Losing ones self control is really a worst mistake one will commit in gambling if that mistake is not occurred by any gambler then he will secured from losing his money and if he will lose the control he will continue to gamble until the time when he will lose all of his money.

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Quote from: ePesoInitiative on April 10, 2017, 03:19:36 PM

Worst mistake in gambling is thinking you can recover your losses with increasing bet amounts until you're broke.

That's the best comment.
If I talk about the mistake I committed, I once played at a website where I wanted to send a bet of BTC0.03 and in a hurry, I sent the whole balance that was BTC0.3 and lost the bet due to which I didn't even sleep for a whole week, after which I have adapted a habit of triple-checking my sending amount before pressing the "Send" button.

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Worst mistake in gambling is thinking you can recover your losses with increasing bet amounts until you're broke.

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Quote from: Rinder on April 10, 2017, 02:18:20 PM

First gamble with big ammounts isnt anymore a question of pleasure, soo its risking your money into something you know that has a huge risks. The first mistake is already invest such ammounts, and the following mistake is to risk more capital to recover from your loss.

Risking something for huge reward is only worth it if you win. Sometimes risking low amount for fun is actually much worthy because the chance to lose is high therefore why dont you take that big amount into somewhere else that could give you profit rather than going for gambling instead. Gambling is more of an entertainment nowadays

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