Quote from: cryptoalfs76 on December 01, 2017, 11:12:33 AM

Quote from: iluvbitcoins on October 18, 2017, 12:18:03 PM

I have around 500 000 bets placed on FJ
It was a matter of time when this would happen ( placed a lot of bets on not Martingale, so it already happened a lot of times, just not with Martingale)

I got 16 losses in a row
Starting with bet 0.000001BTC
And last bet was 0.03BTC
Counting a 0.06BTC loss total

Now, my question is, should I try to win it back?

I have a total bank of around 1.6BTC on my disposal

Odds of me losing those 16 bets in a row were 0.00179%
Somewhere around 1 to 60 000

Now, if I place a 0.06BTC there's a 50.5% chance I'll lose
If I lose, I place a 0.12BTC bet, 0.505*0.505= 25.5% chance I'll lose
If I lose, I place a 0.24BTC bet, 0,255025*0,505= 12.88% chance
If I lose, I place a 0.48BTC bet, 0,128787625*0,505= 6.5% chance I'll lose

If I lose, I have a total loss of 0.48+0.24+0.12+0.06 (+0.03) = 0.9BTC (+0.03)

Is it worth it?
Should I cut my losses o.o

Odds of me losing 20 bets in a row should be 1 : 860 000
Which, with me having 500k bets, doesn't sound very good

Will,in my own experience in times i lost in poker or any kind of gambling games,i want to win back my loss, because i have a motive in my life that a winner never quits and a quitter never win,because how can you gain winning if time you loss you surrender early.every time in our life is like a gamble in order to success we must learn to survive to achieve our goal and that is the winning everytime, when we enter in gambling site games.

Basically, it also my own point of thinking to win back all my lose. Having several loses in gambling your pride will affected and cahllenge to play again ,aiming to win back all your loses. Somehow we cannot control our emotions that in the end will ruin our financial aspects. Control and self discipline to ourselves in order to avoid too much loses because on that time its not your luck. Maybe, nextime is your luck since only our fortune can tell if we are lucky enough.