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Monday, March 28, 2016

I Hate Gambling - Lost Close to $900000 Yesterday

Damn it. Lost all my 'hard-earned' money yesterday. I saved up a long time for them. My mood was down the entire day, couldn't sleep till 3am...

Ya ya ya...if only they are REAL cash. I lost close to $900000 yesterday in an online slot game call Slotomania yesterday. I was greedy and was betting $20 million per spin and while I could REALLY win BIG, I lost BIG too.

Although the cyber fake cash is gone, it does teach me a lesson though. Gambling (using fake or real cash) will never make you rich in the long run. It is like a small bud that starts growing within you when you get your very FIRST big win - when you are truly hooked, you will begin want to spent more and more to win back the lost (fake or real) money.




This is exactly what happens when you play in a real world casino. They will probably most of the time make sure you get to win some cash initially but when you are hooked, you will begin to gradually lose back all the winnings. And when you start to lose more money than you first started with, most of us will want to "invest" more and more in futile attempts to win back the lost money.

In the cyber gambling arena, the same goes to online slot games like Slotomania. You, too can lose lots of money through buying coins to play when you run out of them. And depending on your level and status within the game, the amount of coins you get when you buy varies.

Since I am a member in a very popular Slotomania FB group, I have always hear members swear they are going to stop playing after spending multiple thousands to more than $50000 (USD) in real money over the month/years. Too late buddy! Money lost is money lost. With that kind of money, these people could have invested in a real house or car with it.

While it is fine to spent a little bit of money (a few dollars) to pass time once in a while, BUT to spend $50000 in an online slot machine game which will never earn back any REAL cash in return, is in my opinion plain STUPIDITY! Those people could have win back some real cash if they had gambled their $50k cash in a REAL casino.

No wonder the creator of these slot game apps are mostly multi-millionaires.

What seems to be a harmless online slot game to pass time could potentially make you lose lots of REAL money if you are somewhat hooked. Not to mention the amount of time you have to commit in leveling up through the never-ending spiral of status points and levels. The highest level to date was someone who somehow manage to hit level 14000!! I wonder how much cash and time this person have spent to reach such an insane level.

For me, I do like to play slot games, but I start saving up (through daily coins and friends' gifts etc) when I lost all the coins. When I first started, I have admittedly spent some amount of money with them but after a while, I begin to realize that these games are designed to make people spent more and more to achieve higher level and status - playing on the basic vanity nature of us human beings. :(

So yeah, while I do feel sad and sore about the lost "cyber" millions yesterday, I am certainly NOT gonna invest any REAL money to win back those FAKE money like many others do.

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