Post
Topic
Board Gambling discussion
Re: This person made $500,000 with gambling and lost it all within 60 seconds!
by
Dainye_dyep
on 24/02/2019, 16:17:21 UTC
The story is from about almost 5 years ago but this is 100% relevant to 2018 or 2019 or many years to come, you can read it here:

https://www.reddit.com/r/IAmA/comments/1ch7wb/starting_with_almost_nothing_i_made_almost_500000/

In short version, he gambled on Bitcoin, made $500,000 - and lost it all later on, he then continued to gamble in Roulette and other games, and ended up with $50,000 in debt.

By the way,
This is not only related to Bitcoin or Casino Games - if you think Sports betting is different think twice after reading this:

https://www.psychforums.com/gambling-addiction/topic182379.html

This person lost over $300,000 within 48 hours, all because of sports betting, he had bets on tennis, basketball, soccer - you name it.

And there are many more stories to read such as this:

https://www.reddit.com/r/problemgambling/comments/4pzgmu/i_just_lost_140000_in_5_minutes/

Moral of the story - you can never be rich with gambling, and even if you end up being "rich" - you would lose the whole lot in no time ... only the house wins because the house has an edge.


That is why self-control is a must have in playing any type of game because too much of anything is not really good at all. If you already know you have such a great amount of money more than what you have put as your bet, better to pause for a while and try your luck once again on the other time. Contentment is the key on playing gambling. Being greedy really drives us into danger and loss. Imagine such a great amount of money have just passed by into your hands, what a great regret that feels like. That is why whenever I am playing into the online casino I am currently into, I ensure that I am having my control and just enjoying the varieties of game they have including the bonus they offer for doing my first deposit.

That was totally what greediness can bring into any individual who have get attracted that much in earning an easy money just for playing a certain game. Indeed that we must always put ourselves into control so that we will not regret the result of the actions we will make and most likey we will not be turned like that gambler has suffered. I do also like and love to enjoy so I guess getting into that online casino you were talking about makes me feel the same way.