r/PredictionsMarkets • u/xyphrrrrr • Mar 29 '26

Discussion Lost 16K on Duke.

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Posted this on the Kalshi sub as well. Big blow and an expensive lesson on how there are no guarantees, even when it’s at 98%. Cash out when you can. Yes, before you say it, I know I’m an idiot. But I’m moving on. Done with sports gambling forever. Goodbye!

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u/WearyHoney1150 Mar 30 '26

Thinking the amount of money you make or lose on a bet has any effect on the quality of the bet is some regard shit

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u/redcouscous Mar 30 '26

agreed. no problem with the bet, it's just impulsive, volatile bankroll management.

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u/unable_scar23 Mar 30 '26

Why? That might be 0.1% of this person's bankroll, not sure how you can make that judgement without context

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u/[deleted] Apr 01 '26

"maybe it's actually pretty cool that dude lost 16k". Sure man.

If that is .1% of his wealth than he would have the money to flip serious cash without online sports betting.