Post
Topic
Board Gambling discussion
Re: How much have you won/lost on bitcoin gambling ?
by
Qartersa
on 19/05/2018, 00:01:00 UTC
How much have you won/lost on bitcoin gambling ?
and which sites did you play ?

start with me.. summing up all the wins/lose i did together.
and i lost about $1500 on rollin.io

what about you ?

Normally counting losses happens during our first encounter in gambling but later on we will lost track on how much we’ve won and loss especially when gambling becomes our habit. That is what happened to me but one thing is for sure, everytime i gamble i will never stop until i earned even a small amount though there are also times that the luck is not with me and lose a little.
You will hardly find any such person who has earned some good amount of money and that too by gambling. All the gamblers whom I know have only lost their money and that they are quite addicted towards this and that they are unable to get rid of this thing despite losing this much amount of money. You need to stay away from any such thing as this will only result in loss of your money and nothing else.
Yeah! That’s true that we hardly find people who have earned some handsome amounts from gambling and the reason behind this fact is that people lose more than wining in gambling as gambling is not that much easy as it seems to be when the person hears about it for the first time. Also, there are no such success stories related to gambling from which we can say that gambling gives huge profits.
Of course, since most gambling games have negative EV. Because of that we can expect that the value of money we gamble grows smaller and smaller each bet. There is an extreme higher chance to lose than to win in gambling because of the house edge, we can probably profit in the short run but definitely not in the long run.

I would still argue that there are still people that make money out of gambling, but not on slots, dice, or anything automated. You can make money on sports betting, poker or other skill based gambling.