Your epic fail experience in gambling - page 6.

Fatunad

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Quote from: dimonstration on May 14, 2022, 11:49:38 PM

Whats' your epic fail experience in gambling?
Let's see your conclusion and re-evaluate your decision making after the epic fail experience.

This had been a classic kind of greedy behavior since you arent really that convinced nor get that contented on what you are earning. Its already that amazing on climbing up your low balance up to 4 BTC
which is something cant be possible for using martingale for very long time.It is really just that you are sort of lucky on the time you had been playing yet you hadnt able to experience
long losing streak with that casual martingale system that you've been using.It is really that a common behavior when you do really find for something more better which you do
believe that it might win even more or good for long term until you do see yourself that been fucked up.

Viscore

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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.

It's best to avoid auto bet completely as it will only leave a big mess and lose all your funds especially if you don't understand it in the first place. The reason why i stop betting in lottery because i realized the longer i bet, the bigger the funds i am losing. Since the chance of winning is very small, that makes a very high risk. Now, i also have come to enjoy gambling, thanks to sports betting. Even if i lose sometimes, but i guess there is more fun watching in it.

doomloop

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Quote from: dimonstration on May 14, 2022, 11:49:38 PM

I have many epic fail moments in my gambling experience that I want to share. Some of them is the reason why I keep playing while some are the experience that makes me quit on gambling for more than a year. Let me start with my first epic fail experience when I was addicted on dice way back 2016.

Whats' your epic fail experience in gambling?
Let's see your conclusion and re-evaluate your decision making after the epic fail experience.

Do you think you are a failure because you lose in gambling and that makes you continue to play until now? But I bet you are still the same. That is because it is almost impossible to beat the gambling site that we are playing. If you will have a mindset like that, like you will keep on playing to avenge your loss then your losses are only going to stack up.

Just let them be (your losses) and don't attempt to recover them but just enjoy every session and play only for a different purpose and that is to have fun. Like everyone else, I too have so many epic fail moments in gambling but I treat them all as normal and part of gambling or part of being a beginner.

crzy

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My bad experience is to lose everything and texted my partner asking for a help since I got debt as well and I have to pay for it right away or I might be trap on the casinos. This is worst and that is the only time I gamble that much in Casinos, that is my turning point and tell myself to stay away from casinos or else, i might suffer later on. Taking this bad experience into a more safer place to make money which i think is through trading.

passwordnow

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Quote from: goaldigger on May 15, 2022, 02:44:20 PM

Worst experience is to lose everything but my most epic experience is when I gamble with my friend and that friend got kicked out of the casinos because he’s shouting asking for his money back, I know this sounds unrealistic but its true and this is the most epic for me aside from the losses. Well, we all have memorable stories in gambling, and we can really use that to learn on every situation that day made me realize that its ok to gamble alone and have your peace of mind even if you are losing.

That is real, it is like a typical moment in the casino that someone asks for the return of his money.
It is an epic experience for sure if you are the one that has experienced it. Well, so far I do not have that much epic fail experience in gambling but sure I have got lost a lot not only in online crypto casinos.

Davidvictorson

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Quote from: Fortify on May 15, 2022, 12:23:08 PM

My biggest mistake when learning about all the different kind of gambling was small but still an eye opener, a reminder that you need to fully understand how something works before diving straight in.

My experience was that even though I had always known that in gambling, the odds are never in your favour, I wanted to find out myself. Like they say, curiosity kills the cat but I told myself that "this" cat has nine(9) lives Grin

. I thought a couple of YouTube videos I had watched like "Four Secrets To Winning on Slot Machines", "7 Slot Machine Tricks That Really Work", "How to win at roulette everytime you play. 100% win rate roulette" had turned me into a guru. I also read a dozen of other guides. At first bet, I made a small win. I was thrilled. In my head, the trick I learnt works. Well on my second and third try, I lost all the money I had won and the money I took to the casino. My mantra from that day was, "I'd play only one game and leave. No matter whether I win or lose"

goaldigger

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Worst experience is to lose everything but my most epic experience is when I gamble with my friend and that friend got kicked out of the casinos because he’s shouting asking for his money back, I know this sounds unrealistic but its true and this is the most epic for me aside from the losses. Well, we all have memorable stories in gambling, and we can really use that to learn on every situation that day made me realize that its ok to gamble alone and have your peace of mind even if you are losing.

BitcoinPanther

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Quote from: dimonstration on May 14, 2022, 11:49:38 PM

After that, I conclude that personally I was so easy to convinced and I didn't care about the risk of what I'm entering when I was happy in my profit. I was not contented on my profit and tiring way that's why I seek some alternative way that make my gambling experience more hassle free. There's no easy formula on gambling to become successful.

Your plan is sound until you forget that anytime casino edge can kick in especially when you are using martingale method. You could have used the stop loss method.

Quote

Whats' your epic fail experience in gambling?

I can't recall any epic fail experience in gambling. I gamble yes but I always make sure that I have restrictions and safety precaution especially when using auto bet.

Quote

Let's see your conclusion and re-evaluate your decision making after the epic fail experience.

Looking at others' failure, I can say that gambling must be done in a more disciplined way. There must always a safety precautions when using auto bet so that just in case things happen that we forget that we have something running, a certain loss of funds can trigger the autobet to stop, saving us lots of funds. Another things is to follow certain rules like, tracking of time, not getting drunk and assigning a budget to use in gambling.

ajochems

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Most people mistake will be eagerness.If you play the game,their will chance of winning.Even you can keep the bet and double the value of investment.When you had seen high value in the profit.Surely you will play again to multiple it further.But the luck will not survive for the long term.It may allow you to loss entire money in your wallet.So you should withdrew as soon as you win.

mindrust

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I had quite a nice amount of btc on my freebitco.in account and I wanted to experience the autobet dice function. I set my strategy, let it do its thing, went afk for a few hours and as you all expected, I found my account empty. I thought I was smart enough to game the system but I was just being dumb... Then I learned about the house edge and stuff and never tried such dumb shit again.

roslinpl

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Auto betting in the gambling will not works all the time. You should use the own strategy to play the gambling. When the people had a own strategy,it help to learn in gambling. Auto betting is blunder was done by traders at the beginning and end stages of gambling. So avoid a mistake to shine in the gambling. Mistake can be made,but you should not repeat the same in future.

maydna

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I don't remember my worst experience with gambling because it was a very painful past. I left it at the bottom there without trying to remember the bad experience because I've learned a lot not to do the same in the future. I'm still learning not to repeat what happened this time because I know if it happened again, the possibility of worse could happen.

Rruchi man

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Quote from: dimonstration on May 14, 2022, 11:49:38 PM

I was very happy at that time until I watch some random video on youtube showing tutorial to do automated betting with his setup. I was interested to follow his setup since he shows how much he won. I try it by myself using small bets until I forgot my auto bet running overnight...

It seems his strategy worked just fine and a fault of yours that you forgot to monitor and turn off auto betting, something that you just learnt for the first time. You will be surprised OP to know how many persons on that particular random guy's channel have benefited massively from his auto betting strategy.

Quote from: dimonstration on May 14, 2022, 11:49:38 PM

...all my BTC that I earned for a week is already gone overnight just because I follow some random guy trick while my strategy is working at that time.

It is important to know that a strategy that works for one person, may not work for another. You have know what works for you and stick to it until it doesn't work for you anymore before you find another. Your strategy that earned you some profit was working just fine as you said, i don't see any need why you wanted to try another. There is a lesson here for everyone to learn from.

Boristhecat

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Quote from: dimonstration on May 14, 2022, 11:49:38 PM

-skip-
Whats' your epic fail experience in gambling?
Let's see your conclusion and re-evaluate your decision making after the epic fail experience.

My epically failed experience is not original and is also related to the martingale. When I was a student I "invented" the martingale (the internet wasn't very common then) and bet until the loss naturally exceeded my ability to make the next bet. But then I didn’t lose much, so I consider this a profitable lesson - I lost some money but gained experience.

Fortify

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Quote from: dimonstration on May 14, 2022, 11:49:38 PM

I have many epic fail moments in my gambling experience that I want to share. Some of them is the reason why I keep playing while some are the experience that makes me quit on gambling for more than a year. Let me start with my first epic fail experience when I was addicted on dice way back 2016.

I'm a regular player on Primedice that time and I manage to grow my balance from 0.1BTC to 4BTC within a week of non-stop manual playing using common martingale strategy. I was very happy at that time until I watch some random video on youtube showing tutorial to do automated betting with his setup. I was interested to follow his setup since he shows how much he won. I try it by myself using small bets until I forgot my auto bet running overnight, I was in shocked that balance got zero after hitting more than 30's red streak and all my BTC that I earned for a week is already gone overnight just because I follow some random guy trick while my strategy is working at that time.

After that, I conclude that personally I was so easy to convinced and I didn't care about the risk of what I'm entering when I was happy in my profit. I was not contented on my profit and tiring way that's why I seek some alternative way that make my gambling experience more hassle free. There's no easy formula on gambling to become successful.

Whats' your epic fail experience in gambling?
Let's see your conclusion and re-evaluate your decision making after the epic fail experience.

My biggest mistake when learning about all the different kind of gambling was small but still an eye opener, a reminder that you need to fully understand how something works before diving straight in. After taking advantage of loads of welcome offers and being up a few hundred I suddenly came across an offer for horse race betting. Being totally new to looking at horse betting, the odds looked really amazing and you'd be on to a guaranteed winner judging by the odds of the favorite, right? Well I found out how extremely unpredictable horse racing can be, after placing bets on the favorite to win in 5 different races and never getting one win out of it - lucky I still came out ahead and the bets were relatively small compared to prior winnings mostly from football bets.

bittraffic

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Like many of us who didn't tried to secure our winning after making substantial amount with just few rolls, we end up losing it all.

I have several experience like that since I get dividends from a casino and a small amount of tokens I receive a day can be big in few minutes and by less than an hour its all gone. Happened several times actually so I learned the hard way and I didn't even do that auto bet. If you already felt like casinos are rigged, you best try something else. Grin

Doell

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You have won in manual betting which means you focus and believe in yourself, you shift trust to the bot and leave it too long, it's natural to lose because the system can find out right away and burn your money. I have also been in your situation but not in large amounts, I will definitely withdraw immediately and play with a small amount to test.
Epic fail Too much, I fail and lose more often than win. Whether it's Dice Poker Slot Sportsbook or anything else, the most impressive is the Sportsbook with parlay bets. I remember that on there was one loss to the slip I bet on, but actually it didn't include the match I analyzed but I added it to the paper. And Then only those 1 match lose and others win, automatically all lose and fail.

judeafante

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I have a similar experience to yours I was doing auto bet also and I accidentally close the tab while doing other things on another tab and forget to set up the stop loss and when I checked my dashboard again all the coins that I bet were zero and when I checked I just forgot to put the stop loss, I learned a lot from that experience that from then I always check my stop loss when playing auto.

zidanw

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1xbit.com

My epic fail moment happened few years back, and I cannot remember the specific sites that I have played on with. But I remember doing sports betting with my excess funds, and each time I would be able to gain profit, making the original amount multiple times larger. However, with my eagerness to earn more, I would slowly lost until it became zero. It has happened many times. And when I had my largest gain, I have gained consciousness and decided to withdraw, but turned out the site was having some issues on withdrawals so I never got to obtain those.

goldkingcoiner

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A Bitcoiner chooses. A slave obeys.

My epic fail in the world of gambling is probably the most common fail that any gambler, whether old or new, newbish or experienced has gone through and will go through again and again and again no matter how many times it happens.

Whenever I am gambling on a losing streak, it kind of just makes me angrier and more determined to win back the money I lost, so I put in larger and larger bets and keep losing until everything is gone in the wind Cheesy

But I think everyone has had that fail.

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