How much have you lost yet?

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  • Jack Nash
    SBR Hustler
    • 01-31-17
    • 85

    #1
    How much have you lost yet?
    Ive lost about $12000 in online poker mostly (100% rigged) and sports betting over the last 9 years and now ive more or less stopped trying to earn this money back from these 2 activities. When i add it up this money would have been better deployed in mutual funds or fixed deposits, i intend to learn from my mistakes and not repeat my mistakes by deploying money in these gambling areas. Who else has lost how much, i want to hear from fellow losers who are in the same boat or about to end up in the same boat as me.
  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #2
    tree fiddy
    Comment
    • Sam Odom
      SBR Aristocracy
      • 10-30-05
      • 58063

      #3
      Jack

      Posts like this will get you banned... Bad for Business... hurts bottom line
      Comment
      • BIGDAY
        SBR Aristocracy
        • 02-17-10
        • 48245

        #4
        Jack, have you heard of a chase model??

        It works for me. Not to mention a huuuge RUSH!
        Comment
        • jjgold
          SBR Aristocracy
          • 07-20-05
          • 388179

          #5
          a lot

          need a huge win streak
          Comment
          • SharpAngles
            SBR Hall of Famer
            • 04-15-14
            • 9467

            #6
            Only my dignity and respect from my peers
            Comment
            • newguy
              SBR Hall of Famer
              • 12-27-09
              • 6100

              #7
              Most can't go without the rush. Change bet amounts. I found when I was betting "small" I won a lot more. I wasn't pressing as it didn't matter when I lost a $50 bet. In college i was betting $750 a game. Stupid. If you view the money lost as sunk and think only about how to have fun going forward you will be much better off.
              Comment
              • Sam Odom
                SBR Aristocracy
                • 10-30-05
                • 58063

                #8
                In a nutshell...

                bet 1-3% of your gambling bankroll - adjust daily
                Comment
                • gauchojake
                  BARRELED IN @ SBR!
                  • 09-17-10
                  • 34116

                  #9
                  Probably lost a couple a grand in online poker playing drunk PLO/8 back in the day.
                  Comment
                  • INVEGA MAN
                    SBR Hall of Famer
                    • 01-30-08
                    • 6801

                    #10
                    That's a lot of money to lose
                    Comment
                    • SharpAngles
                      SBR Hall of Famer
                      • 04-15-14
                      • 9467

                      #11
                      Originally posted by gauchojake
                      Probably lost a couple a grand in online poker playing drunk PLO/8 back in the day.
                      (100% rigged)
                      Comment
                      • PaperTrail07
                        SBR Posting Legend
                        • 08-29-08
                        • 20423

                        #12
                        Know a buddy that DOES NOT GAMBLE....sits behind people at blackjack tables ect.....He's is more into saving his money and building cars.....long story short.....gave a guy 10K CASH for custom fab and engine bs ect.....guy took off/closed LLC...GONE.......That make you feel better? lol....
                        Originally posted by SharpAngles
                        (100% rigged)
                        Comment
                        • PaperTrail07
                          SBR Posting Legend
                          • 08-29-08
                          • 20423

                          #13
                          Just saying..... would his 10K have been better off with another company-YES LOL....but easier said now......had you hit 20K you would have laughed at the idea of a mutual fund....If you really Didn't enjoy any of it...then yes....maybe...
                          Comment
                          • jjgold
                            SBR Aristocracy
                            • 07-20-05
                            • 388179

                            #14
                            Comment
                            • gauchojake
                              BARRELED IN @ SBR!
                              • 09-17-10
                              • 34116

                              #15
                              Originally posted by SharpAngles
                              (100% rigged)
                              Agreed.
                              Comment
                              • SharpAngles
                                SBR Hall of Famer
                                • 04-15-14
                                • 9467

                                #16
                                Originally posted by PaperTrail07
                                Know a buddy that DOES NOT GAMBLE....sits behind people at blackjack tables ect.....He's is more into saving his money and building cars.....long story short.....gave a guy 10K CASH for custom fab and engine bs ect.....guy took off/closed LLC...GONE.......That make you feel better? lol....
                                OK this is just random, my biggest gamble in life was about 12 years ago during the poker boom, "invested" 25k to start a performance engine shop and the last known whereabouts of the clown who set this deal up was Manilla, Philipines. Turns out he hit 5 other guys with the same pitch and took the money and ran. I definitely hear what you're saying pal, was merely pointing out the only way gaucho loses a couple grand is to an ice cold rig job.
                                Comment
                                • PaperTrail07
                                  SBR Posting Legend
                                  • 08-29-08
                                  • 20423

                                  #17
                                  haha wow I hear you----- Hopefully Karma (an upset person) caugh up with him at some point...
                                  Originally posted by SharpAngles
                                  OK this is just random, my biggest gamble in life was about 12 years ago during the poker boom, "invested" 25k to start a performance engine shop and the last known whereabouts of the clown who set this deal up was Manilla, Philipines. Turns out he hit 5 other guys with the same pitch and took the money and ran. I definitely hear what you're saying pal, was merely pointing out the only way gaucho loses a couple grand is to an ice cold rig job.
                                  Comment
                                  • allabout the $$$
                                    SBR Hall of Famer
                                    • 04-17-10
                                    • 9843

                                    #18
                                    Originally posted by Jack Nash
                                    Ive lost about $12000 in online poker mostly (100% rigged) and sports betting over the last 9 years and now ive more or less stopped trying to earn this money back from these 2 activities. When i add it up this money would have been better deployed in mutual funds or fixed deposits, i intend to learn from my mistakes and not repeat my mistakes by deploying money in these gambling areas. Who else has lost how much, i want to hear from fellow losers who are in the same boat or about to end up in the same boat as me.
                                    you lost 12000 in 9 years and your complaining? most guys here would be happy to lose that over the course of 9 years. man up and get back in the game dont be a fukkin quitter
                                    Comment
                                    • jjgold
                                      SBR Aristocracy
                                      • 07-20-05
                                      • 388179

                                      #19
                                      Most here lost over 50k
                                      Comment
                                      • Otters27
                                        BARRELED IN @ SBR!
                                        • 07-14-07
                                        • 30760

                                        #20
                                        Lost over 70 k lifetime. Only lost about 4k in the past 5 years however. Got thing under control now and it's just for fun.
                                        Comment
                                        • shadymcgrady
                                          SBR Posting Legend
                                          • 02-27-12
                                          • 10036

                                          #21
                                          Otters u got me beat by ab 20k. Although this past yr was pretty bad, 20k itself
                                          Comment
                                          • gauchojake
                                            BARRELED IN @ SBR!
                                            • 09-17-10
                                            • 34116

                                            #22
                                            Otters you don't seem like you're having fun
                                            Comment
                                            • pilebuck13
                                              SBR Posting Legend
                                              • 05-15-15
                                              • 17918

                                              #23
                                              Who the fuk keeps track of that shit keep the money rolling in don't bet more then you can afford to lose...remember the big scores it keeps you in the game
                                              Comment
                                              • biggie12
                                                SBR Posting Legend
                                                • 12-30-05
                                                • 13793

                                                #24
                                                12k is a bad sunday betting raptors
                                                Comment
                                                • Foxx
                                                  SBR Hall of Famer
                                                  • 05-25-11
                                                  • 5832

                                                  #25
                                                  Seriously Jack Nash, unless you are 14, 12k in 9 years is nothing to write about.
                                                  Comment
                                                  • kidcudi92
                                                    SBR Posting Legend
                                                    • 12-14-11
                                                    • 15434

                                                    #26
                                                    fukkin quitter
                                                    Comment
                                                    • Cuse0323
                                                      BARRELED IN @ SBR!
                                                      • 12-09-09
                                                      • 30169

                                                      #27
                                                      Would be living the dream if it was only 12K.
                                                      Comment
                                                      • thellama
                                                        SBR Wise Guy
                                                        • 11-27-15
                                                        • 899

                                                        #28
                                                        None, deposited 500 about 2 years ago, been up to 10k been down to 1k. Going from 10k to 1k no fun so I do feel like I've lost quite a bit. Back near 4k, will probably avoid baseball and wait for football to come back around.
                                                        Comment
                                                        • qwertvt
                                                          SBR MVP
                                                          • 12-04-09
                                                          • 1419

                                                          #29
                                                          Originally posted by Jack Nash
                                                          Ive lost about $12000 in online poker mostly (100% rigged) and sports betting over the last 9 years and now ive more or less stopped trying to earn this money back from these 2 activities. When i add it up this money would have been better deployed in mutual funds or fixed deposits, i intend to learn from my mistakes and not repeat my mistakes by deploying money in these gambling areas.
                                                          I have lost more than 12k just on online poker. It's a horrible feeling. I had to step away for a year and straighten out my mind.

                                                          Now I will only play limits where I am comfortable and quit for an evening if I can't find a way to win. You can always focus more on sports betting and start planning for upcoming games. Your head is still in it but your bankroll is not.

                                                          I do; however, question why you are here. You are a newcomer and I welcome thee but I am doubtful you will change.

                                                          Perhaps I am misreading your post.

                                                          You state you will learn from your past and invest disposable income into investments rather than poker and betting. If that is the case, why did you join a sports betting site?

                                                          If you are serious, delete your account and start educating yourself on investment strategies and contact a professional.

                                                          If you don't, welcome to the board and consider you may have a problem.

                                                          Regargless, proceed with caution and don't chase your money. If you plunge back into the treacherous waters of online gaming, go small.

                                                          Just a heads up - having read the stories of many people who fell on hard times, 12k over 9 years isn't that bad.
                                                          Comment
                                                          • Otters27
                                                            BARRELED IN @ SBR!
                                                            • 07-14-07
                                                            • 30760

                                                            #30
                                                            Originally posted by gauchojake
                                                            Otters you don't seem like you're having fun

                                                            I am now since I got things under control. Like the new Avatar better
                                                            Comment
                                                            • gauchojake
                                                              BARRELED IN @ SBR!
                                                              • 09-17-10
                                                              • 34116

                                                              #31
                                                              Originally posted by Otters27
                                                              I am now since I got things under control. Like the new Avatar better
                                                              Comment
                                                              • goduke
                                                                SBR Posting Legend
                                                                • 02-17-10
                                                                • 11580

                                                                #32
                                                                Weird to go on a gambling forum to say you are getting away from gambling. Wouldn't you just swear off anything like this?
                                                                Comment
                                                                • Jack Nash
                                                                  SBR Hustler
                                                                  • 01-31-17
                                                                  • 85

                                                                  #33
                                                                  Originally posted by jjgold
                                                                  I read about you earlier too JJ Gold, if i wouldnt stop my cravings id be in the same boat as you, i guess
                                                                  there are some people who are really disciplined with 1% bankroll bets but im not sure if they dont make a mistake or lose in the end. Hope we both learn from each others situation. My dad once told me it was the wrong route to try and make money out of, sorry if this is bad for business, im just being honest. Having an honest discussion.
                                                                  Comment
                                                                  • Jack Nash
                                                                    SBR Hustler
                                                                    • 01-31-17
                                                                    • 85

                                                                    #34
                                                                    Thanks everybody for your responses, peace to everybody on their journey of life which is not easy for many people.
                                                                    Comment
                                                                    • Jack Nash
                                                                      SBR Hustler
                                                                      • 01-31-17
                                                                      • 85

                                                                      #35
                                                                      Originally posted by qwertvt
                                                                      I have lost more than 12k just on online poker. It's a horrible feeling. I had to step away for a year and straighten out my mind.

                                                                      Now I will only play limits where I am comfortable and quit for an evening if I can't find a way to win. You can always focus more on sports betting and start planning for upcoming games. Your head is still in it but your bankroll is not.

                                                                      I do; however, question why you are here. You are a newcomer and I welcome thee but I am doubtful you will change.

                                                                      Perhaps I am misreading your post.

                                                                      You state you will learn from your past and invest disposable income into investments rather than poker and betting. If that is the case, why did you join a sports betting site?

                                                                      If you are serious, delete your account and start educating yourself on investment strategies and contact a professional.

                                                                      If you don't, welcome to the board and consider you may have a problem.

                                                                      Regargless, proceed with caution and don't chase your money. If you plunge back into the treacherous waters of online gaming, go small.

                                                                      Just a heads up - having read the stories of many people who fell on hard times, 12k over 9 years isn't that bad.
                                                                      Thanks for your interesting response. Sorry to hear about your losses, like mine. To answer your question i joined this site just for entertainment, i enjoy reading about gambling. I probably wont take the 100$ free they give us for being pro with 1500 points because ive strictly decided im out of online casino gambling, sports gambling and online poker, if i visit a live casino it will only be for dinner and a few drinks thats it, no gambling. Im mentally strong ill manage what ive decided for myself, i only wish there was somebody to tell me when i was depositing in Full Tilt Poker earlier, that it was rigged, and it was later declared as a kind of ponzi scheme with all kinds of irregularities. Anyways, there are good and bad people in the world, its important for us to safeguard our interest.
                                                                      Comment
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