The Student Room Group

Gambling - help

I have recently turned 18. I stumbled onto a site which claimed you could make money through winning the bonuses on online gambling sites through just playing blackjack and betting the minimum amount loads and loads of times - making the required wager rate - and winning the bonus whilst retaining most of your original deposit.

Anyway that was going fine and i thought it might actually work. Then i clicked on roulette and thought id give it a go. I lost over £150 in 5 mins (I originally deposited 100 and got given 100 bonus). I managed to get most of my money back, but then lost it all again when 9 blacks in a row came up and i couldnt support my system of doubling the bet on black each time you lose.

I deposited another 40 quid into the site and lost that aswell.

I fear i am addicted, what do I do? the only reason i havent put more money in is because my cheques arent through yet,,,i need to get the money i lost back and the only way is through gambling. I feel guilty because I got 100 from my grandma for my 18th and Ive just gone and blown it all...

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Reply 1

Anonymous
I have recently turned 18. I stumbled onto a site which claimed you could make money through winning the bonuses on online gambling sites through just playing blackjack and betting the minimum amount loads and loads of times - making the required wager rate - and winning the bonus whilst retaining most of your original deposit.

Anyway that was going fine and i thought it might actually work. Then i clicked on roulette and thought id give it a go. I lost over £150 in 5 mins (I originally deposited 100 and got given 100 bonus). I managed to get most of my money back, but then lost it all again when 9 blacks in a row came up and i couldnt support my system of doubling the bet on black each time you lose.

I deposited another 40 quid into the site and lost that aswell.

I fear i am addicted, what do I do? the only reason i havent put more money in is because my cheques arent through yet,,,i need to get the money i lost back and the only way is through gambling. I feel guilty because I got 100 from my grandma for my 18th and Ive just gone and blown it all...


Get rid of your internet for a while maybe. Or get someone to look after your money for you til you sort yourself out. Not your grandma though, in case she asks where her pension went :frown:

Reply 2

DONT TRY AND WIN IT BACK!! JUST ADMIT you made a mistake and leave it! you could end up losing even more money and what is the point!!? please dont get addicted, because once you're an addict you'll always be an addict!! find something else to pass the time, but please please dont get into gambling. im sure your grandma would feel worse if you turned into an addict than losing a hundred quid one time!!!

Reply 3

I think the idea for those gambles are to equal the odds having put in the lowest amount possible. Not £100 and £40 at a time.

Reply 4

stay well clear, id do as bunthulhu said and disconnect your internet/stay away from your pc for a while.

Reply 5

so_this_is_sam
DONT TRY AND WIN IT BACK!! JUST ADMIT you made a mistake and leave it! you could end up losing even more money and what is the point!!?


I agree with that. Everyone who loses money, actually wants to get that back by gambling more, so don't play again.

Reply 6

yep, whenever i lose cash carelessly, i take it as a expensive, but hopefully valuable/worthwhile learning experience...ie try not to repeat it :P

Reply 7

i know that system quite well...


You place your money into a casino with a 100% deposit bonus with around 20x minimum playthrough (ie get $100 bonus, and you'd have to wager $2,000 combined total [or that much action])

Then since the house edge is relatively low on blackjack (in comparison to other card games), your expected profit is negative, but still enough to let you play through the bonus requirements and end up with your initial stake + the 100% bonus - the Expected value of losses with regards to the house edge = which is greater than your initial deposit ---> therefore you make a profit by bonus whoring, you cash out and disappear forever. :cool:


Little advice, the martingale system on roulette is useless - eventually the very same thing happens and you end up wagering $200 simply to win $1 for example.


You want to play more disciplined, and record your wins/losses - thats the ONLY way you stand a chance against casino site.... Make a nice graph showing your profit/loss over a period of sessions. Also know when to quit. if your £5 up on a session, consider quitting... you play on and you may hit a bad run of cards, lose your cool, and try and win it all back - losing your entire stack in the process.


Or maybe you could switch to poker? with a few pointers i could get you on the right track...

Reply 8

Roulette has the worst odds casino games have to offer. That green zero mucks everything up, so the house always wins.

Don't try and win it back, you never will. Just walk away, there's no point crying over spilt milk, the damage is done.

Reply 9

why not;

1. Find a casino offering 100% or more (look for more, obviously - then your initial deposit can be less if you want) - and one that has a low playthrough rule. Also look for one with a £1 or less min bet, instead of £2

2. Get a guide/book/anything that will tell you how to play perfect blackjack and minimise your losses (minimise the house edge).

3. Play for your bonus, then withdraw your profits...

Reply 10

Need cash. illegal activities my friend.

Reply 11

I'm telling you now..DON'T gamble! YOU WILL get addicted!
I know this because my brother is addicted, he can't stop, and he goes to uni as well and only just finished first year and is in more debt then he should be. Seriously find something else to do. Just accept this mistake, otherwise you might end up losing more money. STAY CLEAR of gambling for your own sake!:smile:

Reply 12

Dez
Roulette has the worst odds casino games have to offer. That green zero mucks everything up, so the house always wins.

Don't try and win it back, you never will. Just walk away, there's no point crying over spilt milk, the damage is done.
well european roulette (0 only) aint that bad compared to american roulette (0 and 00)....


37 values on european roulette, so if you play red/black then the odds are;


red; 18/37 - 48.64%
black; 18/37 - 48.64%
0; 1/37 - 2.7%
not red; 19/37 - 51.34


so play 100 spins, £1 bet on red, and your expected value is -£2.70

as apposed to american roulette; -£5.20

Reply 13

^ I think it's irresponsible for you to be encouraging a gambling addict who has already lost a lot of money and should be giving up, to continue gambling. That is really poor advice, I don't think this is the place for gambling tips.

Reply 14

saiyamanadingdongbanana
well european roulette (0 only) aint that bad compared to american roulette (0 and 00)....


37 values on european roulette, so if you play red/black then the odds are;


red; 18/37 - 48.64%
black; 18/37 - 48.64%
0; 1/37 - 2.7%
not red; 19/37 - 51.34


so play 100 spins, £1 bet on red, and your expected value is -£2.70

as apposed to american roulette; -£5.20



That's it Ste encourage the him! :p:

Reply 15

It is still the worst, the house always wins.

I would seriously advise all gamblers to quit their habit, no matter how foolproof they think their system is. It's too easy to lose control.

That is my view and advice to Anon#1. I'm not going to debate it any more here.

Reply 16

bunthulhu
^ I think it's irresponsible for you to be encouraging a gambling addict who has already lost a lot of money and should be giving up, to continue gambling.
because i'm a 'gambler' too, i have my own experiences, and i know what it can be like. The point is that if you can control it better, it is not as a reckless behaviour as some may think... Plus if the OP is truely addicted, what is the likelyhood of him actually listening to the advice your giving? I've seen it, people relapse just like that. I mean it would be a good idea to just quit right now, and maybe they will and save their money. Then again IF they are truely addicted, they need to know how to properly play - as to ensure that the losses are minimised.

If you can understand the mathematics - the truth that you should not be losing £100 or more in one single session - more like around £3 per session, then you can better control it.

Reply 17

The more you play, the more certain you make it the house is going to win money off you rather than the other way round!

£100 is very annoying but you can still make it up with a week's honest work. Not a crisis. Don't go down the slippery slope....

Reply 18

saiyamanadingdongbanana
because i'm a 'gambler' too, i have my own experiences, and i know what it can be like. The point is that if you can control it better, it is not as a reckless behaviour as some may think... Plus if the OP is truely addicted, what is the likelyhood of him actually listening to the advice your giving? I've seen it, people relapse just like that. I mean it would be a good idea to just quit right now, and maybe they will and save their money. Then again IF they are truely addicted, they need to know how to properly play - as to ensure that the losses are minimised.

If you can understand the mathematics - the truth that you should not be losing £100 or more in one single session - more like around £3 per session, then you can better control it.


He's asking for help, so I'm giving it to him. It's not too late for him to stop. So why don't we encourage him to stop before we encourage him to carry on! Gambling is really not a good hobby to have, especially when he's so young! It's a game designed for the player to lose.

Reply 19

Dez
It is still the worst, the house always wins.

I would seriously advise all gamblers to quit their habit, no matter how foolproof they think their system is. It's too easy to lose control.

That is my view and advice to Anon#1. I'm not going to debate it any more here.
yea, and to clarify...

there are no systems that are foolproof. The conventional systems are used to minimise your losses, and that is it.

you want to make money 'gambling', then switch to poker. Highly mathematical and psychological, but can be extremely profitable.