Any kind of gambling.
0
Does the stock market qualify as gambling?
I say it does!
Day trading may qualify as gambling. Buying and holding for long time should not.
Totally agree. Day trading is basically sports betting for finance people.
Sort of. It’s more of a scam for rich people to get richer. They let little people pretend it’s a fair game.
If you think stocks are only for rich people you’re actually financially illiterate.
that’s not what they said
Yes but we need to know how much leverage you had as well. For science.
TQQQ or GTFO!
Not really. 3x is too crazy for me
Say a hundred bucks? I sincerely hate losing money, so if I gamble, it’s always with a very limited amount of money, and once it’s gone, it’s gone.
Does my 401k count?
Why, how much did you lose with it? How did you do it?
Was mainly making a cynical joke. That said, my 401k probably does represent the largest gain or loss I’ve had in a week or month; probably even a day, given how wildly the markets can sometimes fluctuate.
Sure, but daily changes in account value are not money lost. Sry for being too serious but there’s something about characterizing responsible financial planning as gambling that annoys me.
$20
That was my absolute limit to waste on gambling, the very few times I went to a casino. In 2000 I went to a “riverboat” casino in Lawerenceburg, IN to play slots and ended up winning $250. Which put me at a net positive for all the gambling I’ve ever done.
That was the last time I ever walked into a casino.
I quit at 5 euros, lost it within a minute at slots and was done lmao.
$3. Lived in Reno for decades. Would take a buck and go play the penny slots to get free drinks and get plastered with buddies.
This is the only way to beat the house.
Real life money? 0
Video game money? Highest was ~1e57 (Balatro)
I spent 2 years doing casino revenue audits. The amount of money the high rollers would loose in one night was disgusting, we are talking 7 figures.
What blows my mind the most is how the math works out in the long run. A $1 slot machine could have a $100,000 prize but you would have to play it 200,000 time to hit the jack pot. You don’t play against the house, you just give them your money.
I set a $ limit. When it’s gone, it’s gone.
$100.
40€
It was a poker tournament with friends, 10€ buy-in.
I got drunk and bought in another 3 times, then lost it again from making dumb drunk bets.I never gamble with serious money cause I know how it would end. I’m susceptible to addictions.
I have lost 10 million silver lions.
Never gambled with real money.
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OMG! We might have a winner. Well… for the question. That is a ton of money to lose.
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That’s definitely the way to do it.
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One hundred whole dollars. Played texas hold’em at a casino in Canada when I was 18. $100 buy-in.
Sat down at the table, got dealt in, first hand was suited king queen, ended up with a flush, another guy at the table took me all in and it took me a loooong time to call. Soon as I hit that pot I started bullying the other players with my chip count. Then a guy came over and told me I had to move over to the higher-rollers table.
First hand I’m dealt there? suited ace king. What comes up on the flop? an ace and a king. I slow play the hand, whats the river? another king. I’ve got a full fucking boat, kings over aces. I go all-in. The only other guy playin calls. I flip mine over, proud. He flips his over, pocket aces. Dude had a full boat aces over kings. Sonofabitch. Left the table, sat outside, called my Dad.
c’est la vie. Haven’t gambled since.
Pocket aces was literally the only hand that could have beaten you. The odds were in your favor, I’d have done the same thing.
Yeah, I was like “welp, that was some bullshit.” and left lol
I’ve been to casinos twice, and hosted countless $10 buy-in hold 'em games at my place years ago.
On the poker games I definitely lost out more often than winning anything. But had good times.
Went to Vegas once for a 311 concert a little over 10 years ago, and obviously went to a casino where I stayed, because I’m east coast, so I go on my farthest trip from home ever to the gambling capital of the world, of course you go to the casino.
Would have loved to try some Hold 'Em there, but never saw any table games at all running. The only thing I saw happening at all was slot machines.
Do I brought $50 cash with me one day and left my wallet in the room. Lasted for hours, but lost it all eventually. Which is what I assumed would happen, and why I didn’t bring my wallet with me.
A couple years later the group that went on that trip was going to a casino somewhere within about 5 hours from here. Can’t remember where exactly. Not Atlantic City, but somewhere on this side of the country.
Anyway, actually won about $125-150 or so. Bought fast food dinner for the group with it, kept about $40 or so.
So given that I had a good time, I’d say I came out ahead.
I’ve been to Vegas once. I played 4 quarters in slots and on my last one, I won $1.25.
I stopped while I was ahead.
