No Luck with Big Bets ?

[ravenyvolle2]

In gambling, there are times that we win but mostly we lose:P 

I've been playing in stake for quite some time now and I observed that sometimes betting low satoshis, you will have more chances of beating the house edge compared to betting higher or all in:P

I always love to play dice in stake( even though I am aware it is 2% house edge) and always use 1.26x payout.

I bet small at first like 1k satoshis at first then it will give you like 10 or more greens, but once you bet higher than 100k satoshis, it is always red.

I felt like it is programmed to lose when you bet higher satoshis and sadly with all in or rage bets.117

Like for instance, in mines, this happened to me like 5-6 times already, I will bet 5k satoshis on 1 bomb mines, and it is so smooth and always choose 5-6 diamonds or more. But if i feel like doing a huge bet, like 400k satoshis, it so happen that I will click the only bomb. 

Worse is when I bet 0.04 satoshis and I clicked one bomb (bummer).?

So yeah, I think it is kinda programmed to do that way , that if you bet high or place max bets, you will always lose.

Anyway, it is only my observation and my opinion, or maybe im just greedy or bitter sometimes and think it is meant to happen that way. 

I just realized betting higher more than 50% or 100% of your total balance is not a good choice. It is risky and you will lose more

So bottom line is, bet lower and play safe than bet higher and lose all:) 

[PugLife]

Either you could be right or it's just that we notice more how much we bust than how much we win. Pretty much the same in real life, we tend to remember the bad things someone has done to us than the good ones.

But yeah, would be great if we bet safely. Pug steps at a time! 

[ravenyvolle2]

10 minutes ago, PugLife said:

Either you could be right or it's just that we notice more how much we bust than how much we win. Pretty much the same in real life, we tend to remember the bad things someone has done to us than the good ones.

But yeah, would be great if we bet safely. Pug steps at a time! 

haha omg #hugoat?

Yeah as i said maybe im just bitter on losing a huge bet. Anyway gambling is all about luck

[hamur]

thats correct it is all about luck but emotions has huge impact on it also 

you will use wisely your bankroll for having much longer fun or just rage bet and go all in and will lose all of them at once

but when it comes to poker as gamble things will be different poker realy at different place in all gambling activities 

[Etude]

Hi @ravenyvolle2, I share your pain in your loss. From a outside perspective it is never really wise or profitable to bet a large amount or all of the current bankroll on a low risk for low-medium profit as eventually the one loss would erase entire efforts spent. 

In the first place itself gambling is a game of win or lose where it is highly recommended to bet with only what you can afford to lose.

As to your analysis of whether is it likelier to lose in a high basebet amount is hard to be determine as it can all just be a psychological reaction of self defense upon the big loss. I have faced such a situation countless times but I brush it off after as it is spilt milk already. As Provably Fair is a system that is supposely codes of mathematics producing random occurances that makes the bet fair so ... yea theres that if it works accurately. What I am saying is we humans have a self defense mechanism when shit gets real or hit the fan sometimes lol I been through that all too many times. 

As an end note, I hope you make recovery of your losses @ravenyvolle2, and thus i end my short essay. lol. 

[ravenyvolle2]

13 minutes ago, hamur said:

thats correct it is all about luck but emotions has huge impact on it also 

you will use wisely your bankroll for having much longer fun or just rage bet and go all in and will lose all of them at once

but when it comes to poker as gamble things will be different poker realy at different place in all gambling activities 

Yeah "emotions"

When i lose, I always want to recover fast so I tend to bet 100% of my balance and sometime I lose and loose more instead ?

4 minutes ago, Etude said:

Hi @ravenyvolle2, I share your pain in your loss. From a outside perspective it is never really wise or profitable to bet a large amount or all of the current bankroll on a low risk for low-medium profit as eventually the one loss would erase entire efforts spent. 

In the first place itself gambling is a game of win or lose where it is highly recommended to bet with only what you can afford to lose.

As to your analysis of whether is it likelier to lose in a high basebet amount is hard to be determine as it can all just be a psychological reaction of self defense upon the big loss. I have faced such a situation countless times but I brush it off after as it is spilt milk already. As Provably Fair is a system that is supposely codes of mathematics producing random occurances that makes the bet fair so ... yea theres that if it works accurately. What I am saying is we humans have a self defense mechanism when shit gets real or hit the fan sometimes lol I been through that all too many times. 

As an end note, I hope you make recovery of your losses @ravenyvolle2, and thus i end my short essay. lol. 

I am speechless with your very long essay:) But yeah, you are right, we tend to think of reasons why we lose and always blame the house:P 

I see you are recovering well and i hope i do that someday

[Etude]

I think most importantly key is to have a wise bankroll management strategy when you actually have a bankroll. 

The above is something I have yet to know completely how-to, and am still very much learning hehe. I tend to backslide now and then when I end up betting emotionally (to chase a loss usually when things are going well then it ends in shambles instead) too, as well.. i am only human.. and thats not good for attempting to make some profit nor recovery.  

[ravenyvolle2]

5 minutes ago, Etude said:

I think most importantly key is to have a wise bankroll management strategy when you actually have a bankroll. 

The above is something I have yet to know completely how-to, and am still very much learning hehe. I tend to backslide now and then when I end up betting emotionally (to chase a loss usually when things are going well then it ends in shambles instead) too, as well.. i am only human.. and thats not good for attempting to make some profit nor recovery.  

We are the same thats why we lost almost the same as well:P 

Being too emotional or greedy makes me bet a lot more than I am used to. And yeah having a big bankroll is a huge factor of winning more

But I am a bit scared to deposit much more cause who knows if I'l be crazy again and bet all my balance..:P 

[barbaris]

Sad story Raven. Wishing you to return what you lost with a big profit. good luck

[ravenyvolle2]

2 minutes ago, barbaris said:

Sad story Raven. Wishing you to return what you lost with a big profit. good luck

I wish so too:) Trying that with Plinko nowadays and hopefully someday hit 1000x:) and win a lot hehe 

Goodluck to you as well ?

[barbaris]

2 minutes ago, ravenyvolle2 said:

I wish so too:) Trying that with Plinko nowadays and hopefully someday hit 1000x:) and win a lot hehe 

I, too, have been waiting for x1000 very long ago, but so far unsuccessfully.

Have a good hunting

[kurian]

I'm a busto man on stake.. that's why i play little these days..

[ravenyvolle2]

16 minutes ago, barbaris said:

I, too, have been waiting for x1000 very long ago, but so far unsuccessfully.

Have a good hunting

I think I will hit this 2018. I surely hope so.:) So i guess we will have a race on who will hit 1000x first:P 

Keep me posted haha

14 minutes ago, kurian said:

I'm a busto man on stake.. that's why i play little these days..

You dont have to play anyway:P you are rich. Rich kurian:)?

[djafar1]

You will win next time

[Jelo21]

Woot woot ?

Same observation as mine hahaha.im a greedy player.i always lose at all in hahaha..maybe nxt time that allin can make me rich real quick ??but so far its make me poor so quick haha..

Best of luck raven.thnkz for sharing ?

[akki785]

@ravenyvolle2 sorry to hear your loss, girl. Win or loss, all are part of the game. But we feel a heart-breaking pain when we lose what we can't afford, or when it's higher than your limit of losing.. I'm already walked down that path when I lose 0.25BTC in freebitcoin dice. I never dare to play again a big amount since then. 

I wish you a good luck to recover your losses.

Regards,

[SovietDoggo]

I feel like I always lose my most important bets and end up busting, for example im close to my goal so i do a big bet. I FEEL.

[ravenyvolle2]

On 1/20/2018 at 6:30 PM, akki785 said:

@ravenyvolle2 sorry to hear your loss, girl. Win or loss, all are part of the game. But we feel a heart-breaking pain when we lose what we can't afford, or when it's higher than your limit of losing.. I'm already walked down that path when I lose 0.25BTC in freebitcoin dice. I never dare to play again a big amount since then. 

I wish you a good luck to recover your losses.

Regards,

Yeah i hope as well:) 

4 hours ago, SovietDoggo said:

I feel like I always lose my most important bets and end up busting, for example im close to my goal so i do a big bet. I FEEL.

We are same, bet big and lose?

[Macdos]

On ‎18‎/‎01‎/‎2018 at 8:16 PM, ravenyvolle2 said:

In gambling, there are times that we win but mostly we lose:P 

I've been playing in stake for quite some time now and I observed that sometimes betting low satoshis, you will have more chances of beating the house edge compared to betting higher or all in:P

I always love to play dice in stake( even though I am aware it is 2% house edge) and always use 1.26x payout.

I bet small at first like 1k satoshis at first then it will give you like 10 or more greens, but once you bet higher than 100k satoshis, it is always red.

I felt like it is programmed to lose when you bet higher satoshis and sadly with all in or rage bets.117

Like for instance, in mines, this happened to me like 5-6 times already, I will bet 5k satoshis on 1 bomb mines, and it is so smooth and always choose 5-6 diamonds or more. But if i feel like doing a huge bet, like 400k satoshis, it so happen that I will click the only bomb. 

Worse is when I bet 0.04 satoshis and I clicked one bomb (bummer).?

So yeah, I think it is kinda programmed to do that way , that if you bet high or place max bets, you will always lose.

Anyway, it is only my observation and my opinion, or maybe im just greedy or bitter sometimes and think it is meant to happen that way. 

I just realized betting higher more than 50% or 100% of your total balance is not a good choice. It is risky and you will lose more

So bottom line is, bet lower and play safe than bet higher and lose all:) 

I agree with the world "all in" wherever you all in and nothing on your balnce, it will auto kill you, leaving you zero no chance to win back, so you should learn your lesson, don't all in , always have back up to revenge from lose., kill the programe

have you notice that after you lose the round, next round you will be able to hit 5 diamonds without any bomb? it sometimes happen right?