Your epic fail experience in gambling - page 2.

Lakai01

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Quote from: ipanks on May 20, 2022, 01:24:24 AM

If most gamblers who can win a lot of money from gambling can secure a large amount of winning money, I think their life will change after that and they can have a lot of things in their life.
-snip-

In reality, unfortunately, this is often not the case. Here in my country, for example, lottery winners are also immediately given investment advisors to help them, because the winners often immediately speculate or buy things that - despite winning - they cannot afford for a long time (expensive cars, houses, wifes, ... Wink

). There are enough examples of people who only slipped into poverty in the medium term because of a win.

So it's all well and good to make a high profit, but you have to be able to handle and manage it in the long term.

Reatim

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Quote from: ipanks on May 20, 2022, 01:24:24 AM

Quote from: blockman on May 19, 2022, 05:07:28 PM

snip

If most gamblers who can win a lot of money from gambling can secure a large amount of winning money, I think their life will change after that and they can have a lot of things in their life.

but that is IF? and the problem is that things like this is hard to do and many of us have been trying this while we are playing but in the end? losign everything as is lol.

Quote

They can use the money to start a new business, start buying the things they want and better prepare for their future so that there will be no sad stories about someone going bankrupt after getting the winning money from gambling.

but if you are hooked in Gambling? you will never pay attention to the saving instead you will keep relying in Easy money.

and that is how gambling isn't helping all of us when we are in need, because instead of earning we keep losing .

TopT3ns

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Quote from: yazher on May 22, 2022, 09:33:38 PM

That's how human beings are, their desires are not satisfied until we won it all for the entire day. we want to rush things up to get what we want and lose some patience whenever it's not going our way. Greed is a dangerous trait and not praiseworthy it will end up swallowing the person until he became poor. Most of the gamblers play like there is no tomorrow so when they lose they suffered so much emotional damage and they always thinking of a way how to get back what they've lost by rushing it some of them ended up getting loans which is the worst idea you can have because there's a high tendency that you might also lose it and that will turn to be an even bigger problem.

Greed is human nature because I think people who gamble basically think of trying to increase the value of the assets they have quickly, when gambling should also be aware that you can't always get a profit or a jackpot, usually you can instantly lose the money you've earned. you have when you take the wrong step, do gambling with a cool head and control your emotions, don't use borrowed money to gamble because it will make you die slowly.

michellee

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Quote from: Fundamentals Of on May 22, 2022, 08:32:30 PM

Gambling is fun and it has a certain kind of charm that pulls us back in. It's probably the possibility of and our desire for winning. Or it is probably the desire to get back or to recover our losses. Or sometimes the site or platform itself is enticing us with certain offers. But whatever that may be, it is always good to have the self-control and the self-discipline to say no and to say stop when it is time to. Discipline is always an important ingredient in gambling.

Indeed. That is why many people return to gambling and can attract new people to join gambling sites and play many gambling games. The will to win or recover from our losses will not be too great but our losses may be greater than our victories. But that is what attracts more gamblers to continue gambling because they want to try their luck. And as long as they still have good self-control and discipline, they can certainly be careful and protect themselves from all the consequences that gambling can bring.

yazher

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Quote from: whiteblue on May 20, 2022, 08:40:00 AM

I believe it will be very difficult for gamblers to stop in their greed once they hit the jackpot, because human desires are endless and they want to get higher returns than that. So maybe some will secure funds and not use them in gambling activities, I am very amazed if there are gamblers like that.

That's how human beings are, their desires are not satisfied until we won it all for the entire day. we want to rush things up to get what we want and lose some patience whenever it's not going our way. Greed is a dangerous trait and not praiseworthy it will end up swallowing the person until he became poor. Most of the gamblers play like there is no tomorrow so when they lose they suffered so much emotional damage and they always thinking of a way how to get back what they've lost by rushing it some of them ended up getting loans which is the worst idea you can have because there's a high tendency that you might also lose it and that will turn to be an even bigger problem.

Fundamentals Of

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Quote from: alegotardo on May 22, 2022, 07:15:29 PM

I, fortunately, have never had big losses involving invested money.
Several times I've already managed to multiply my bankroll by 5x or more in losing everything in a few moves later on, but the reason of my conscience always prevented me from continuing playing and making new contributions to try to cover the loss.
This is exactly where gambling owners profit... they feed us with the dream of a bankroll full of money, until the moment when everything is lost, just to get more money out of us.
It takes a lot of self-control.

Gambling is fun and it has a certain kind of charm that pulls us back in. It's probably the possibility of and our desire for winning. Or it is probably the desire to get back or to recover our losses. Or sometimes the site or platform itself is enticing us with certain offers. But whatever that may be, it is always good to have the self-control and the self-discipline to say no and to say stop when it is time to. Discipline is always an important ingredient in gambling.

alegotardo

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I, fortunately, have never had big losses involving invested money.
Several times I've already managed to multiply my bankroll by 5x or more in losing everything in a few moves later on, but the reason of my conscience always prevented me from continuing playing and making new contributions to try to cover the loss.
This is exactly where gambling owners profit... they feed us with the dream of a bankroll full of money, until the moment when everything is lost, just to get more money out of us.
It takes a lot of self-control.

blockman

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Quote from: Oshosondy on May 21, 2022, 03:22:49 AM

Quote from: blockman on May 20, 2022, 04:10:49 PM

It surely happened for many gamblers that they've won a lot and then still didn't secured the money that they've won. So what happens is that the casino where they're playing was able to take it back.
In the long run, it's always the casino that wins and if you're not careful with your decisions and your profit is with you already, you're likely to lose them all and you'll be adding another epic experience for your failure.

Greediness caused it. If someone play and win and continue to play and later lose, losing will begin until the person lose all the money, or the person should better stop gambling bat the time. This is common in gambling, it starts when the person develops a kind of mindset that begins from a single loss that make the person to continue losing. That is why it is good for gambler to just gamble on just one or two games in a week and not become affected by poor mindset, or if the person has lost once while betting, the person should not bet that day again, even not to bet that week again will be good. I have falled victim of this several times and such can be avoided with just not betting at that particular time.

IMO, it's okay to gamble the whole week as long as it's inside the budget that's within your bankroll and it doesn't affect your mental health. The problem with other gamblers, greed is normal and we want to have more winnings and we know what outcome is going to happen instead of it.
Nevertheless, we still continue despite that knowledge because it's already built up that we want to gamble no matter what happens and we'll recover those losses which is what we think.

madnessteat

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Quote from: cvasy on May 21, 2022, 05:47:54 AM

My experience is not too bad at gambling because I am able to control every action I will make. But in this context there is only one silly mistake that I should not have made when I was betting on a boxing match where I was putting all my remaining balance into betting on that match. I don't know what entered my mind at that time, usually I only put up part of the capital I have. maybe that ridiculous incident Lost me $2k More.

You made a mistake in risk management for which you paid these funds. Be glad you didn't have more money at the time or who knows you may have bet $10k on that unlucky match. You were sure you'd increase your stake since you staked such a large sum. You had a good experience. I assume you don't bet everything you have after that.

cvasy

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My experience is not too bad at gambling because I am able to control every action I will make. But in this context there is only one silly mistake that I should not have made when I was betting on a boxing match where I was putting all my remaining balance into betting on that match. I don't know what entered my mind at that time, usually I only put up part of the capital I have. maybe that ridiculous incident Lost me $2k More.

MAAManda

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My most epic failed experience at gambling was when I managed to make $800 to $2700 in just a few minutes at the Slide game on Stake.com, at that time my multiplication guess was almost 90% correct and at that time I thought I was lucky until I finally put $2700 for 1 chance and failed to win. There were a lot of lessons that I took in that incident, one of which was about patience in betting.

Oshosondy

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Quote from: blockman on May 20, 2022, 04:10:49 PM

It surely happened for many gamblers that they've won a lot and then still didn't secured the money that they've won. So what happens is that the casino where they're playing was able to take it back.
In the long run, it's always the casino that wins and if you're not careful with your decisions and your profit is with you already, you're likely to lose them all and you'll be adding another epic experience for your failure.

Greediness caused it. If someone play and win and continue to play and later lose, losing will begin until the person lose all the money, or the person should better stop gambling bat the time. This is common in gambling, it starts when the person develops a kind of mindset that begins from a single loss that make the person to continue losing. That is why it is good for gambler to just gamble on just one or two games in a week and not become affected by poor mindset, or if the person has lost once while betting, the person should not bet that day again, even not to bet that week again will be good. I have falled victim of this several times and such can be avoided with just not betting at that particular time.

blockman

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Quote from: Lanatsa on May 19, 2022, 05:13:55 PM

Quote from: blockman on May 19, 2022, 05:07:28 PM

That's the normal failure of everyone.
When you get to win that much money as you gamble, you're forgetting to secure those profits that you've made. Since you have some winnings on your hands, money won't be a big deal to you as long as you're still enjoying to play and have that idea that it's still possible going to win more for you as you proceed.

Whether win more or lost it all but in most cases we do really lose those winnings back to casino if we do prolong ourself on playing with gambling which is really a very common outcome.

Failures or getting wrecked is really very common, some do accept their fate and some couldn't which would really in result on chasing losses which do really make the situation even more worst.

You wont really be considering for it to be failure or feeling of regret if you had just accepted that you are dealing with gambling which is something involves very random and truly relying
with luck kind of games.

It surely happened for many gamblers that they've won a lot and then still didn't secured the money that they've won. So what happens is that the casino where they're playing was able to take it back.
In the long run, it's always the casino that wins and if you're not careful with your decisions and your profit is with you already, you're likely to lose them all and you'll be adding another epic experience for your failure.

Finestream

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Quote from: cabron on May 15, 2022, 12:22:00 AM

That's why I'm also not into auto bet. Anything that you are not in control of is just not good even using bots in trading is just not for me as well. Its best to manually do it. Make it worth while and enjoyable in gambling like sports betting, blackjack or poker because at least there is the thrill and you do it yourself.

I have my own epic fail but too like parlay on sports so I stopped doing it because there is just no way I can predict all.

I used to bet in lottery before because i have seen how some lucky bettors end up being instant millionaires. And so i dream to become one hopefully. But i realized the more i keep on betting from this, the more losses i made so start to limit myself and now my losses have been minimized. For now, i mostly gamble in sports betting. Truly this one will give you thrill and excitement especially if you know the fact that you are betting on the team that is always taking the lead. Too different from auto bet since you lose your money in an instant without even having fun.

jostorres

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Quote from: molsewid on May 18, 2022, 08:12:55 AM

Quote from: dothebeats on May 18, 2022, 02:01:29 AM

My fate is similar to yours, although I have lost all my balances in one go Grin

I won about 0.05BTC from a 0.002BTC balance last 2019 on a casino (forgot which one). The grind took about 2 days of non-stop manual bets, and seeing that my strategy worked so far, I stuck with it and continue playing. On my 3rd hour of playing, I accidentally pressed max bet and bam! Lost the next round of dice. I was just speechless for about 3 mins until I accepted my fate, but to this day every time I remember it, I still can't help but call myself an idiot for what happened.

Same , bro! That is what happen to me long time ago, I follow a guy I met in a social network site at first his strategy is good (it is a dice game by the way), and because of that I try not to follow the instruction he gave to me I made my own strategy and won a 5 game streak, but a in just a blikn for an eye I lost all of it, I forgot that I max out the win chance and then boom the odd is not in my favor.

You max out the win chance, which means your winning chance will now be around 98 to 99 percent? But, that was high already and it will be rare to lose that way but maybe your luck is terrible that moment you gamble.

I sometimes bet high or I bet my whole balance in a max chance but luckily I survived it for most of the times. You are lucky that the start that you found online have work perfectly for you but did you know that most that are scattered online are fake? But that's good that you stop using the guy's start and stick on your own strategy. Your own strategy is much better because you got a 5 win streak which is impressive already, if only not for that one epic fail moment.

whiteblue

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Quote from: ipanks on May 20, 2022, 01:24:24 AM

If most gamblers who can win a lot of money from gambling can secure a large amount of winning money, I think their life will change after that and they can have a lot of things in their life. They can use the money to start a new business, start buying the things they want and better prepare for their future so that there will be no sad stories about someone going bankrupt after getting the winning money from gambling.

I believe it will be very difficult for gamblers to stop in their greed once they hit the jackpot, because human desires are endless and they want to get higher returns than that. So maybe some will secure funds and not use them in gambling activities, I am very amazed if there are gamblers like that.

FanEagle

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No matter what you do, no matter how big it gets, no matter how much you think you can win. If you end up doing something wrong, then you are going to end up losing. There is no betting against house edge and winning, it will always be losing in the long run.

I believe that the best thing you could do with gambling is to get out when you are ahead. This is why people lose money, because they may turn 0.1 bitcoin to 4 bitcoin and they still do not take out most of it. Take out 2 bitcoin out of that for example, which would be your 0.1 bitcoin (worth around 3k right now) turn into 60k, and you are still doing amazing if you lose all of the rest.

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I have never had an epic fail simply because I have not so far experienced a great win which would entitle me to get an epic fail if I lost it all and could not control myself.However I am waiting from a long time and I guess I will have to wait even more before I hit a jackpot or lottery which are life changing events and most likely I will immediately quit at that point because there is no real reason to continue to play a slot machine once you get a great jackpot.I don't think I will make an epic fail but in gambling no one ever knows because one does not know himself that well Grin

.

ipanks

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Quote from: blockman on May 19, 2022, 05:07:28 PM

snip

If most gamblers who can win a lot of money from gambling can secure a large amount of winning money, I think their life will change after that and they can have a lot of things in their life. They can use the money to start a new business, start buying the things they want and better prepare for their future so that there will be no sad stories about someone going bankrupt after getting the winning money from gambling.

Lanatsa

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Quote from: blockman on May 19, 2022, 05:07:28 PM

Quote from: ipanks on May 18, 2022, 11:17:50 PM

Quote from: blockman on May 18, 2022, 04:46:03 PM

snip

That's why I say he was very lucky to be able to get most of the money he lost. It was a valuable lesson for him and all of us not to spend a lot of money and always try to quit after getting a decent win from gambling games. We never know what will happen with the next round so stopping playing gambling would be better to avoid the losses.

That's the normal failure of everyone.
When you get to win that much money as you gamble, you're forgetting to secure those profits that you've made. Since you have some winnings on your hands, money won't be a big deal to you as long as you're still enjoying to play and have that idea that it's still possible going to win more for you as you proceed.

Whether win more or lost it all but in most cases we do really lose those winnings back to casino if we do prolong ourself on playing with gambling which is really a very common outcome.

Failures or getting wrecked is really very common, some do accept their fate and some couldn't which would really in result on chasing losses which do really make the situation even more worst.

You wont really be considering for it to be failure or feeling of regret if you had just accepted that you are dealing with gambling which is something involves very random and truly relying
with luck kind of games.

Topic: Your epic fail experience in gambling - page 2. (Read 975 times)