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Author Topic: losing 50 bitcoins gambling  (Read 7968 times)
wadili89
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May 18, 2016, 01:55:41 AM
 #21

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.


dude 50 BTC is 22000 USD which is a very good amount to invest in something or start your own small shope or some business or business investment if i were you i would have invested it in a better way where i know i can make something out of it ( i know you could have also win but this is not the case )

anyways get over it now

horace08122
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May 18, 2016, 02:47:19 AM
 #22

OMG, 50BTC is huge for me, anyway, will if you can't afford more then stop gamble
if you can, you will win back in sometimes, then quit...
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May 18, 2016, 02:54:59 AM
 #23

What a sad loss, losing 50 BTC in a gambling is a huge sum of money, better luck next again.
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May 18, 2016, 03:28:48 AM
 #24

Why someone would wager $20,000 on a basketball game is beyond me...

...seriously I'm in awe right now, what a dumbass  Shocked  Hope he wasn't married or with kids...

Well we don't know who he is and so we wouldn't know whether it is a reasonable bet to him. May be he is a dumb addict that has lost all his life saving, or may be he is a filthy rich man and 20K is just pocket change to him.

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May 18, 2016, 03:34:03 AM
 #25

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

what the hell! i would never risk 50BTC= 22,500$ in the first place and whoever does that (no offense but) they are either an idiot or super loaded who don't care about that much money and can easily lose and bet the same amount tomorrow and lose again!

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Bitspenser
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May 18, 2016, 03:36:03 AM
 #26

Wow, 50 coins lost in one bet... Hopefully that better can afford to lose that much, and that is didn't ruin someone's life. If that happens to me, I would cry.
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May 18, 2016, 03:41:12 AM
 #27

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

first it is your fault by doing it so it is no ones fault at all but making angry is just normal because 50btc not to be kidding wow that's a lot to lose only for gambling! but i think you know the drill so better yet you will look for better strategy to cope up but for me if I lose that I will not do anything but to stop and do not gamble again.

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May 18, 2016, 03:56:42 AM
 #28

i would feel sorry better luck next time if i lose 50 btc in one bet and i will surely  bet 100 btc on the next  match, hopefully that bettor is not on all in so he can win it back.
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May 18, 2016, 03:59:04 AM
 #29

How would you feel if you lost 50 btc after gambling...
I would NEVER gamble with that much money and therefore I cannot comment on this as I am sane enough and not rich enough to play with that much money.
What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.
The biggest loss I had at a session would be half a bitcoin I think.. And coping with is easy if you realize what's done is done and don't go chasing after it and do something else for a while. Maybe grab a drink or two.

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May 18, 2016, 04:02:33 AM
 #30

I have also this betting problem I lost every earnings that I have betting from some dice site so basically I'm just wasting my time since every earnings that I got from secondstrade has been lost because of doing some dice game and losing in the long run, I think I don't have better strategy but to stop and use my earnings wisely.

 
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elyas772
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May 18, 2016, 04:04:13 AM
 #31

if we are sure that the team will win, sometimes I also play All In. but I get a bad result, as last wee Sad

I hope you can get back, I'm sure if you bet 50 BTC, you are a great player and has a lot of bitcoin.

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adjiadjo
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May 18, 2016, 04:17:21 AM
 #32

since you spend it on one bet i think lossing 50 BTC nothing to you right ,
just bet another 100 BTC to win it back  Grin
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May 18, 2016, 04:25:57 AM
 #33

I would not care if I lost 50 BTC in a bet because I would not bet 50 BTC unless I would be ok with losing it.

Betting, especially on sports, involves putting your fate in the hands of others. It's not a great idea to put an amount of money that would impact you severely in the hands of others. Especially on a spread in a basketball game. The Warriors would not care if they won by 7 or 6, so putting a large amount of money on that difference is kind of crazy.

As a sidenote, that bet involved buying points in a basketball game, and paying a huge price to do it, not the smartest plan in the world. Losing 50 btc in one go had to hurt, but someone doing stuff like that is bound to lose a bunch eventually anyway.
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May 18, 2016, 04:31:21 AM
 #34

We don't know that person's bankroll. If he/she is betting up to 5% of his/her bankroll on matches like a proper bankroll management recommends, he/she might have at least 1000 Bitcoins to play with so it's not such a big loss for a whale anyways. If that was an all-in bet I would have been very upset and probably would stop betting for a while until I have cleared my head or stop betting completely.
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May 18, 2016, 04:34:55 AM
 #35

How would you feel if you lost 50 btc after gambling... https://nitrogensports.eu/betslip/92ff9f2dmRCeSttM0U0a1dPZ0tTSDd4OW4vZz09/r/2744 What's the biggest loss you've taken before, and do you have any good coping strategies? I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.
unfortunately i don't ever have 50 BTC in my life and if i have those amount i would never spend it for gambling but if i losing 50 BTC i think i would very angry and sad because 50 BTC is huge amount and i would regret my losing because i'm so greedy and stupid spend thousands of dollars only for gambling
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May 18, 2016, 04:40:57 AM
 #36

This is some serious gambling, OP had a chance for earning 37 BTC in just 2 hours. Without big risk there is no high payouts, I believe if he had 50 BTC now, next week he will make a same bet with even more money..I really hope it wasn't all what he has.

I wish you more luck next time ( if there is next time ), sports betting can bring nice money sometimes. Don't lose your faith, it's important that you had balls to try to play big. I respect it, many people doesn't have it.

 
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Herbert2020
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May 18, 2016, 04:58:51 AM
 #37

wow, 50BTC is a lot of money especially now that the price is rising and halving is near. that is a very bad idea to risk such a big amount in gambling. they always say "bet what you can afford to lose" that is why i never bet big and that 50 is gigantic for me.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 18, 2016, 06:18:04 AM
 #38

I do wonder if it's better or not to express anger or to just try and ignore it as best as possible. Personally I just get angry and yell some swears, but curious how other people react when losing and any tips on coping.

IMHO, it is time for you to take a moment to think whether you are spending too much on gambling now. Chasing your loss or ignoring it are not a good idea at all.

BitcoinSupremo
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May 18, 2016, 07:13:58 AM
 #39

Word cannot express how stupid this is, clearly a big mistake in managing bankroll, I am sure I will never lose 50 BTC in gambling. Key to gambling is managing your bankroll, stay away from luck games, like slots and dice and focus more on games where skill has to have at least 50% impact on the choosen game like sports betting or poker.
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May 18, 2016, 07:30:38 AM
 #40

OMG 50BTC is really very huge amount and lost them just for gambling is really bad, mostly it depends on bankroll how much any person can afford to lose but that is showing how much greedy we are and can lose by gambling with hope to make some profit there.
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