I have one friend who used to play dice in stake.com, he started with a very small fund ($100), out of that money, he managed to have a balance of 24 ETH at some point but unlucky guy lost everything in one day. Once again, with the bonus he got from stake, he managed to cross 30 ETH within less than a month but yesterday, he lost everything once again.
How come he lost everything one day? Do most of the gamblers lose money in such way?
He is excited in the money he won and he does not know how to handle it and this is dangerous, not knowing what to do and how to control himself and this case is not isolated, it can happen to anyone and mostly to newbies at their early stage of playing.