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Lost Bet Games: Types, Reasons, And Experts’ Suggestions

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Lost Bet Games

The crazy players lose millions of dollars in casinos while playing different games. Some players win huge profits while others face huge losses. It is very common in the casino business. There is a long list of the worst lost bets. So in this article, we tell you some worst lost bet games. There are different types of lost bet games, including sports betting, casino games, card games, slot games like Bier Haus 200, table games, and lottery. You also want to know what the winners get in reward. On the contrary, there are some examples when the players have to face huge losses.

How to Avoid Lost Bets in Casinos?

A losing bet is when the player does not generate a winning outcome. If you study the gambling history, you will find the names of winners only. Joseph Del Duca says that if you can think of it, you can bet on it. Any player can face lost bets. Moreover, there are two kinds of bets, including friendly bets and gambling wagers. It is important to identify the size of the loss. For instance, you can play with cryptocurrencies at casinos. You can lose at the following games:

  • Blackjack
  • Lotteries
  • Poker
  • Roulette
  • Dice
  • Sports Betting

The wagers place bets in different currencies. They place bets at various casino and gambling locations. The size of loss depends on the wager size. Moreover, there are many losers and fewer winners. This percentage is similar in almost all the gambling sites.

The friends and family bets are normally lost bets. In such bets, there are fewer players. Besides, only fewer players face losses. The players can win anything in this case. Also, friends and family bets are the best source of entertainment at casinos. The players make different bets such as wife carrying competition, who will win cheese rolling, or who will be the next James Bond.

Lost Bet Games

Lost Bet Games in Casinos

Why Do Players Lose Bets?

There is no exact number of worst bet games. The major reason behind a player’s failure is improper risk calculation. When the players do not measure the risks correctly, they lose bets. For example, when your favorite team has ten odds and your team has three odds. You make a bet on 3 for your team. Moreover, you support your team when the odds are against your team.

Moreover, when the player gets lost in the game, it is the best instance of a guaranteed lost bet. When the player gets obsessed with the game and loses their grip on it, they face lost bets. Besides, there is a warning for you in this case. If you have experienced it in reality, you might have been addicted to gambling. Further, you face such lost bets in sports betting or other gambling activities.

When the players make irrational bets for huge profits, they face lost bets. For instance, when you make a bet on your car on Pokemon betting with your siblings and friends. It means that you are ready to lose your brand new car for silly wagers. Isn’t it eccentric? Yes, it is.

Lost Bet Games

Worst Lost Bet Game

Some Examples of The Biggest Lost Bet Games

Sometimes, the pro players face lost bet games at casinos. You get crazy when you see the pro players losing millions of dollars. But you find them cool. Therefore, it is the most difficult experience for pro players. There are a few gamblers who share their funny videos after losing millions of dollars.

Moreover, there are numerous examples when rich people who have lost a huge amount in casinos. The fastest loss occurred at blackjack. Hence, the profits and wins are the fastest things that vanish in a blink. No matter what, you have managed your funds, but still, you will have fun playing blackjack in casinos. The following is the list of huge losses at casinos:

  • The player named Harry Kakavas suffered a loss of $1.5 billion in Baccarat 16 years ago.
  • The player named Maureen O’Connor faced a loss of $1 billion in the USA from 1983-2013.
  • Moreover, Terry Watanabe suffered a huge loss of $250 million in blackjack in the USA 9 years ago.
  • Archie Karas faced a loss of $40 million in the USA during 1992-1995.
  • Kerry Packer had to face a loss of $20 million in Blackjack (UK) in 2000.
  • Singaporean Businessmen suffered a loss of $19 million in Singapore in Baccarat 8 years ago.

Interestingly, losing $1 million in a few dice rolls looks terrible. But the gamblers and plyers enjoy such risks. On the contrary, the gamblers earn huge profits too. When the team leads throughout the season, they win the game.

Lost Bet Games

Examples of Lost Bet Games

Summing Up The Lost Bet Games

When a player does not win a prize, it is a losing bet. A few players are ready to take on the challenges. Moreover, the players sometimes lose bets with siblings and friends. The history is full of instances where the players faced millions of dollars in lost bet games. Besides, some people take bets on the next level at the stake of their lives. In short, the players lose bets when they lose their focus or do not calculate the risks accurately.

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Sports Betting Odds – Full Guide 2022

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Sports Betting

If you do not have any experience in learning the odds, you will not be successful in sports betting. Betting is not just about putting a tremendous amount of money on the line. In sports betting, the amount of money that you will win will be calculated by combining the stake and the relevant odds.

What are betting odds?

Odds are mandatory factors of sports betting for multiple reasons. They help the bettors know the chances of winning the wager. During a bet, once the bookmaker offers a bet, it will give you a clear estimation of your winning reward. People are more likely to bet on definite chances so that they can win even if the bet is giving them a small amount of money. For instance, if you compare the world’s strongest wrestler to the wrestler that comes at number 200, who will have more chances of winning? Obviously, the number one bet will increase the number of bets on him as well.

Types of sports betting odds

The betting formats of different games are distinctive as well. That is why there are different kinds of betting odds. It is also necessary to understand each one of them as they all have some similar factors that will help you in betting. Expressing those odds can be different, which is the real difference between them. There are three types of odds that you will find in sports betting which you can find below.

Horse racing

  • Fractional odds
  • Moneyline odds
  • Decimal odds

Fractional Odds

Fractional odds are the types of betting odds in which the calculation of potential profit and the actual payout is a bit complex. It helps the bettors in telling them about the profit that they can expect from a bet. In order to get a perfect calculation, you must add the original stake into the eventual wagered amount before your payout.

Moneyline Odds

Moneyline odds are also known as American odds. That is because they are the types of formats that are mostly used in the USA. They can be displayed in both positive and negative formats depending upon the ups and downs of the market.

Decimal Odds

Decimal odds are formats of using a single positive number and displaying it with the help of two decimal places. Canadians, Australians, and European betters, all considered Moneyline odds before the development of decimal odds. These formats are accurate in showcasing the original steak and total payout of a single stake.

Rules of betting on different sports

Every sport has different rules and regulations which is why betting on them is different as well. But there are some general rules that are mutual for every game. Make sure that if you are betting on the lines that contain errors, the bet will become null. Similarly, you cannot place a bet on a started game otherwise it will become void.

Sports betting

Basketball rules

  • Bets will be void if the basketball game lies behind the official time of the game.
  • In the second half of the game, the overtime scores will be included in the bet. Whereas overtime scores do not include after the fourth quarter.
  • The game will be official for betting after forty-three minutes.

Soccer rules

  • The bets in soccer are dependent on the result of full-time.
  • Penalties shoot-outs and extra-time wagers will be void.
  • The extra time that has been added to the game due to injuries will be valid.
  • Wagers will be null if the referee calls the match off.

Hockey rules

  • A hockey game will be open for betting purposes only after fifty-five minutes of the play. Whether it is an official or college game, the betting rules will be the same for all.

Baseball rules

  • The baseball game will be official for betting after the 4 ½ innings of the game if the home team is winning.
  • If the visiting team is winning, then the betting will start after 5 innings.
  • After the last full inning score, the winning team will get the winning bets if the match has been abandoned for any purpose.
  • On Moneyline bets, the bets will be nullified if the result of the match is a tie.
  • The bet will also be placed on the scores that have come at the end of the first inning based on Yes or No questions.

MLB Double Header rules

  • If any game gets canceled from the double game due to any reason, the bets will remain valid on that game and the other will become void.
  • Run lines, Alternative run lines, game total, team total, and super run line will become valid if the double game has been played for 7 innings.

The Summary of Sports Betting Odds

Prepare yourself by learning the betting odds and rules of different sports so that you can increase the chances of winning. But you must know that all kinds of betting odds are the same when it comes to payout. You just need to understand their technicalities to know which one can bring more profit to you.

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Jutawan88 Review 2022

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Jutawan88 casino homepage

Jutawan888 is an emerging casino website in Malaysia. In 2022, it has gained rapid popularity in the country by providing unlimited games and offers to all the players. With a quick success rate, it is becoming a popular website. Here is a review of the Jutwan88 casino to give you all the details you need before playing on this site.

Jutawan88 – Malaysia’s emerging casino of 2022

Jutawan888 is providing gamblers with a new interest and purpose for betting. The site is consumer-restricted, where the priority is not to generate revenue but to fulfill the needs that the consumers have. In this industry, all the players only seek one thing: to play while having the experience of a real casino, and this website successfully provided this to them.

Logging in to the website

Jutwan888 has a unique layout for the website. Before logging in, you will find all the information and processes for playing games on the website. But you will not see the list of games and the categories before logging in. If you want to play any game, you have to first register. The process is straight; just look at the following steps:

  • Open the official website of Jutwan888
  • Select the option of “Daftar” present on the top right corner of the home page
  • Enter all the details present on that page
  • Write your valid phone number and email address, as most of the important messages are sent on the number by the website.
  • Your account will be created once the verification is done through either a mobile phone or email address.

Promotional offers and welcome bonus

Welcome bonuses and promotional offers are something that you should never avoid as you win them without depositing any money and without staking any money on the bet. Look at the following bonuses and offers that you can enjoy from this website:

Jutawan88 Promotion

Welcome bonus

In this casino, you will find a range of welcome bonuses directly sent into your jutawan88 e-wallet. The first one is the deposit lucky draw, in which all the players that are present get one lucky number after spending every RM10 on the website.

All the players on the website enter the lucky draw every Saturday, where they try to win all the available prizes. Sometimes, in the welcome bonus, gamblers get RM100 cash bonus that you can find in your jutawan88 e wallet. This cash can be used further on any game that you like.

No deposit bonus

The no-deposit bonus is available before the player deposit any money on the website in their jutawan88 ewallet. This is the best feature for all the players, as you can try out the games without facing any losses. For instance, if you are uncertain about the game and its rule, you can play it after getting this bonus, and there will be no amount deducted from your jutawan88 e-wallet.

This bonus is not limited, and you can have multiple demos of the game for free. Keep an eye on your jutawan88 e wallet as the demos are for a specific period, and once the time is over, you will get the deductions.

All the players are also eligible for RM50 cash bonus that they can bet on any game they want. In this way, they do not have to stake their money but the one that they claimed from the offer.

Free credit 365

At this time, the website is offering a bonus referred to as “free credit 365hari”. This offer provides a bonus to players on every day of the year, referring to 365 days. This bonus is automatically added to your jutawan88 ewallet, just keep a keen eye on the total amount daily. You can win RM50 cash on this daily bonus offer too.

Gaming options

Gaming options on this website have a huge collection. Regardless of the interest, you will always find something that matches your taste and from which you can avail yourself of a lot of winnings as well as bonuses and offers.

Jutawan88 Games

Online slot

There is a wide variety of online slot games made by software providers who have worked in collaboration with different parts of the world. Here is a shortlist of the available slot games that you can find on this site:

  • Starburst by NetEnt
  • Mega Joker by Greentube
  • Goblin’s Cave by Playtech
  • Book of the Dead by Play’n GO

Most of these games are the ones that are most liked by the players in 2022. Apart from these four, you will also find a lot of options in these games. The popular website also offers bonuses; if you win any bonus from it then the amount will be present in the free credit e-wallet slot.

Live casino

When it comes to live casino games of Malaysia, they are made by famous developers in Asia, thus guaranteeing the software about having a fair and secure platform. Live casinos provide a range of special bonuses that you can win and spend on any poker game. The bonus you will get while playing at the live casino will be displayed in your free credit e-wallet slot.

Online sportsbetting

Sports enthusiasts are present in every country, city, and area. When it comes to gamblers also have a very high interest in live games. Sportsbetting has provided the option in which the punters can see the live matches and also make bets as the game progresses. When it comes to the starplay888 wallet, you can also make sports bet from the money you have in this account.

Online poker

Online poker has high marketable demand for players. A lot of people used to play poker in real casinos and shifted to online casinos after seeing the option of poker games. You can get a high winning amount from these games. As gamblers mostly know how to play poker, for this reason, there are also expert tips and professional versions of the game available at bazie-enfejar.com, so that you can play and bet with the people who match your level of expertise.

Deposit and withdrawal method

The best thing about this website is that it offers an easy transaction process so that the players do not get stuck when it comes to the cash flow of the money. The easier the process is, the more deposits players make. Just like the starplay888 wallet, the process found on this site is also very precise.

Deposit method at Jutawan88

Here are the few steps through which your deposit will be made in a few minutes.

  • Log in to the website
  • You will find the option of deposit amount on the top right corner of the home page
  • You will be directed to a page where you need to fill the form with all the necessary details
  • Select the bank and the total amount of money that you need to deposit
  • Click on “Done”
  • You will get verification and confirmation messages.
  • The amount will be present in your account in a few hours

Withdraw method at Jutawan88

These are the few steps that you need to follow to withdraw the money that you have just won.

  • After logging in to the website, you will find the option of “withdraw” just beside the option of deposit
  • This option will lead you to a form where all the details are asked related to the bank account
  • Add in the total money that you want to withdraw
  • Click “Done”
  • You will get the money in just a few hours

Jutawan888 – a gist of the popular Malaysian casino

Jutawan888 till now has successfully gained the audience it was seeking and also has provided them with a comfortable and real-life casino experience. Most casino websites only have games without any information and rules. In this casino, you will find detailed instructions and guidance on any area you want. There is a wide variety of gaming options so you can easily find some game that interests you the most. Your winnings also get in your e-wallet that you can spend in any game you like. This amount cannot be withdrawn but is only given to the players so that they can experience the games without staking their money. With unlimited cash prizes and bonus offers, this site will surely become your favorite after just a single play.

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Sportybet Uganda: Betting Tips, Registration, and Popular Games

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Sportybet Uganda

Sportybet Uganda is the topmost online betting site that is enjoyed by the people of all African countries. The site is not location-restricted, and people from outside of the country can also get access to the site to play betting games. This licensed casino got its license from the National Lotteries and Gaming Regulatory Board of Uganda. You will find a large range of virtual games, sports betting, and live betting options on this site. 

As the website is gaining popularity among the players of Ghana and Uganda, here is a detailed guide to sporty bet that includes all the information you need to know to become a player. This is a licensed platform; so you will find an abundance of games along with bonuses and offers. Let’s have a look at this guide. 

Sportybet – a licensed platform for all African countries

This is a site that is loved by the people of all the African countries, especially Uganda, Kenya, and Nigeria. It provides people with amazing offers with super odds and multiple winning opportunities. Most of the sites in Africa lack the feature of live games, but in Sporty bet, there are multiple options for live bets. Here are all the details that you need to know about this site from registration to the withdrawal of your winnings. 

Registration process

In order to get access to the website, all the players first have to register on the portal. For sportybet Ghana registration, the process is very easy, and it is similar for all the other African countries too.

sportybet uganda login

Just follow the following easy steps, and your account will be registered in no time. 

  • Open the official website of sporty bet. 
  • There will be an option of logging in and registering right next to each other on the top corner of the first page.
  • Click on register
  • It will direct you to a page where you have to add personal details such as your mobile phone number and your full name to create an account.
  • Check your mobile as you will receive the token SMS on your phone number
  • Enter the code you just received on the mobile on the available slot and click on the option of “complete registration.” 
  • The process of verification will be completed, and the home page will be displayed

Sign up on the website

Once the process of registration is complete, the next step is to log in to your account. The process of logging in is far simpler as your account has already been registered and verified. You only require a stable internet connection and a device to open the site. The site can be accessed through any system such as Android and iOS and also from any device such as a mobile phone, laptop, tablet, or desktop. 

To log in to the site, follow the following steps

  • Open the official website
  • Find the option of login and password on the top right corner of the page
  • Enter your login details; ID is your mobile phone number and the password is the code that is sent to your mobile phone
  • You will be directed to the home page of players from where you can opt for any game that you like

Betting options on the website

Once you are done with the process of sportybet login Ghana, feel free to choose from a wide range of games and get unlimited bonuses. There is no limit on the amount you bet and the games that the site offers you. Here are the main categories of games that are present on the website. Look at the following gaming options so that you know where your interest lies the most.

Sports betting

Sporsbetting keeps all the gamblers of different generations, and different interests caught up on one platform. Regardless of age and choices, sportbetting is loved by all players. In these games, players make predictions related to the outcome of the matches and also related to the upcoming opportunities during the match. In Sportybet login Ghana, you will find the following games on which you can bet upon:

  • Football
  • vFootball
  • Baseball
  • Basketball
  • Counter-Strike
  • Tennis 
  • Table tennis 
  • Dxota 2
  • Badminton
  • Hockey
  • Cricket
  • Volleyball
  • Darts 
  • Rugby 

Within these games, there are further options related to the kind of bet you want to place and on which match you want to bet.

Live betting

Sportybet login Ghana offers the option of live betting on most of the live matches. You will find the option of “Live Betting” on the home page. There is a list of all the games that are live at the moment and on which you can bet at the same time. 

There is also an option of “schedule”. Go into that option to see all the upcoming matches and their time. The schedule is present for the upcoming four days so that you can make the plan of the match that suits your timings and interests you the most.

If you are more interested in the games of specific teams, then there is an option of “details”. This option will show you all the teams that are present in the world of that particular game and also the total number of upcoming matches. 

Virtual betting

In virtual betting, there are different betting options that are for the players of sportybet Uganda. There is a variety of virtual games that you can find through the section of the instant virtual on the website. As a lot of players like to play these games, for this reason, a new round starts every three minutes, and each round has a total of ten games. 

Players look into each round, where they find a live video feature to watch all the virtual games. There is also a possibility that you can skip watching the video and directly get linked to the results. Virtual games are played by many gamblers, and as sportybet Uganda is licensed, it means that the platform offers an entirely safe and secure platform. 

Instant virtuals

There is an option of instant virtuals on the website alongside sportsbetting and virtual betting. Instant virtuals are all those leagues that are played at moment’s notice. These leagues are created in the form of famous leagues such as the Premier League, but the kick-offs are very continuous and rapid in these instant virtuals. 

There are usual odds present in the games that give the feeling of playing real football. The process of placing a bet is similar to live betting. You can also find the scheduled games that allow only one bet to be scheduled at a single time. 

Sportybet Uganda: welcome bonus

All the players who register for the first time at sportybet Uganda receive the welcome offer. Enter the code “NGN 500,” and then every time you will make a friend get registered to the website, you will get 500. In case you made your 5 friends get registered to the site then you can win up to 2500 NGN. There is a 150% bonus to all the new customers that made their first deposit on the website. This amount can be used in a lot of free bets game. UGX 30,000 is the maximum amount that can be received as an award except for the jackpots.

Jackpot offers

On this website, you will get the opportunity to take part and win jackpot competitions. There is a weekly competition of jackpots where all the players have to predict the overall outcomes of a total of twelve matches. The prize of the jackpot is N10 million overall. To bet on this jackpot, the prize is only N100. The site offers a lot of bonuses and it also gives consolation prizes to those players who were able to get 10 or 11 right predictions. 

Sportybet uganda offers

If there are more than one winners who made the right predictions, then the cash prize is divided among them. The stake amount is very low for most of the jackpots it is only 50, and the maximum jackpot stake price is only 250. In some games, you can also make more than one prediction that increases the overall chances of winning.  

Sportybet login Uganda: deposit and withdrawal methods

In the field of online casinos, sports betting, and live betting; one thing that all the players seek is easy and quick deposit and transaction methods. If a website offers a lot of bonuses and offers but they have a lot of restrictions on transactions, then the players prefer not to play on that site. 

Here the process of overall transaction is very convenient and fast, which keeps all the players satisfied. Make all your payments through bank cards and bank accounts. You will find multiple credit and debit card options, including Mastercard and Visa cards, in which you can transact through 20 banks that are registered in African countries. 

How to deposit on the website

The process of depositing and withdrawing is simple. Just follow the following steps

  • Login to the website by using your ID and password credentials
  • Select the option “Deposit” present on the top corner of the page
  • A new page titled “deposit” will open. 
  • Select the option of “Payment visa bankcard”
  • Enter the information present on your debit or credit card
  • Write the expiry date of your card and the CVV number, which is a three-digit number present on the back of the card
  • Enter the total amount that you need to deposit in the account through a PIN 
  • Add the phone number that is in your use
  • You will get the message of the confirmation of the transaction on your mobile number
  • The minimum amount that can be deposited is N100, and the maximum amount is N10 million

How to withdraw from the website

There are a lot of websites that have limitations in withdrawing the amount. For example, regardless of the winning amount that you have, you can only withdraw a specific amount from the website. There are fewer restrictions on this site as compared to the other sites. Look at the following steps to withdraw the cash from the website’s e-wallet into your account. 

  • Log in to the website by using your credentials 
  • Click on the option of “My Account”
  • A new page will open where you have to enter your account number and bank details
  • Enter the total amount that you want to withdraw and click on the option of “withdraw”
  • You will receive the amount within 24 hours. 
  • There are no withdrawal fees so you will get the exact amount in your bank account.
  • The minimum withdrawal amount in every transaction is 1,000 UGX, and the maximum amount is UGX 3,000,000. 

Banking and payment methods

Following are the available methods for the cash flow from the website. 

  • Airtel money 
  • MTN mobile money 
  • Quick tellers
  • Bank transfers 

You can only make bank transactions from a few accounts.  Here is a list of those banking options 

  • GT Bank
  • First City Monument Bank 
  • WEMA
  • Fidelity Bank 
  • Diamond Bank 
  • Zenith Bank 
  • Access Bank 
  • First Bank of Nigeria 

These are the options in which you will not face any problems or late transactions. 

Sportybet – a short glimpse

This website has turned out to be a leading site when it comes to live sports betting and virtual betting. It is one of the licensed platforms that allows all the players to play the game that interests them the most. The process of deposit and withdrawal is also easy, which keeps the players stuck to the website for a long time. 

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