Taking a break after losing 14k in one day...

SlotMonster

Twitch Streamer - Affiliate
webmeister
Joined
Apr 2, 2007
Location
Belarus
Hello everyone,

I don't know where to post it, but I think I should share this video. After losing 14k in one game session on basically one game I think I need a break from gambling and also wanted to remind you about how important Responsible Gambling rules are. LOL it looks like I'm happy on YouTube thumbnail :D



Link to my 2 hours ripping session (doesnt include off-stream rip though):

 
Respect to you for admitting it , I hope you can get yourself to a better place .

I don’t know if you want to say any more , but if I can ask , is there any pressure as a streamer for higher stakes ,either from the casinos , or from a viewership or commercial / sponsorship perspective ?

What got you to the point of the 14k in one session ? I did watch the video but there must be a lead up to it ..

All the best for the future .
 
Respect to you for admitting it , I hope you can get yourself to a better place .

I don’t know if you want to say any more , but if I can ask , is there any pressure as a streamer for higher stakes ,either from the casinos , or from a viewership or commercial / sponsorship perspective ?

What got you to the point of the 14k in one session ?

All the best for the future .

Thanks. Not sure what kind of pressure you mean, but in general higher stakes will attract more viewers and potential players, who will sign up through your links.

On the other side, playing with higher stakes puts higher pressure on your bankroll, especially if your channel is relatively small and you don't have decent viewers base, and steady affiliate income (if you have steady income from affiliation, you can cover your streaming losses by affiliate profits, as well as winning some money if casinos gonna give you deposit bonuses for your streams).

As for losing 14k, it's easy, I was chasing losses on a game I couln't believe in being so brutal. I think I explained it in the video :)
 
I have many things to say here!

I've often said that streamers are, or have developed subconsciously, gambling addictions of which the realization is delayed until the day they have a big loss and the affiliate money doesn't cover it.
I'm sure @Playford7 will be here soon crying tears of purple piss on your behalf, but one true fact is that your loss is essentially paid for from other players' losses. One discipline I followed religiously after becoming an affiliate was to always play and be prepared to lose a fixed affordable amount a month regardless of how far any earnings exceeded that amount. After taxes I saved at least 50% of my earnings and was never tempted to play big stakes, the only time I did was after building up a big balance from a relatively small deposit when I knew that I could just end the session and still cash-out a profit.
Your video also demonstrates the vileness of these 'bonus buys' which fortunately we aren't allowed in the UK.
Thanks for the economic lessons lol (just after the screaming lunatic burst into your home at about 1:01:30) - True about printing money but silver and especially gold are good investments, nowhere near as volatile as Bitcoin but always on a generally upward trajectory. Bitcoin may provide a risky investment for many, but it's not a convertible currency recognized worldwide and doesn't have intrinsic value with the main pitfall in that it falls outside the scope of regulation. As for Gold and Silver, you don't need to physically own it or carry it! You simply need to buy them from a trading site and you can cash in any time at the latest price when you're happy with the raise. In the UK we can own gold like this, VAT free and even kept by the Royal Mint or Bank of England and many banks as well as agents.

Doesn't matter what you own, you just lost about 0.3 Bc gambling and that kind of makes any investments moot as you'll never gain while you are prepared to gamble like that. Same for any streamer. For one day, you had the same feeling as many of the players you encourage to sign up via Twitch etc. Bottle that feeling for a moment, then think about the fact that's the people you earn money from.

One thing I could never contemplate is publicly putting a video out like yours bemoaning losses when I too make much of my income from other gamblers. It doesn't sit right. You have to accept the mantra 'easy come, easy go'. In material terms, all you lost was a new Rolex, a decent second-hand Merc or a whole family's entire annual income in many countries. I'm sorry you temporarily lost track of the value of money due to gambling, hope you succeed in never repeating the mistake!

Goooodbyyyeee Coffee Grounds!
 
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I have many things to say here!

I've often said that streamers are, or have developed subconsciously, gambling addictions of which the realization is delayed until the day they have a big loss and the affiliate money doesn't cover it.
I'm sure @Playford7 will be here soon crying tears of purple piss on your behalf, but one true fact is that your loss is essentially paid for from other players' losses. One discipline I followed religiously after becoming an affiliate was to always play and be prepared to lose a fixed affordable amount a month regardless of how far any earnings exceeded that amount. After taxes I saved at least 50% of my earnings and was never tempted to play big stakes, the only time I did was after building up a big balance from a relatively small deposit when I knew that I could just end the session and still cash-out a profit.
Your video also demonstrates the vileness of these 'bonus buys' which fortunately we aren't allowed in the UK.
Thanks for the economic lessons lol (just after the screaming lunatic burst into your home at about 1:01:30) - True about printing money but silver and especially gold are good investments, nowhere near as volatile as Bitcoin but always on a generally upward trajectory. Bitcoin may provide a risky investment for many, but it's not a convertible currency recognized worldwide and doesn't have intrinsic value with the main pitfall in that it falls outside the scope of regulation. As for Gold and Silver, you don't need to physically own it or carry it! You simply need to buy them from a trading site and you can cash in any time at the latest price when you're happy with the raise. In the UK we can own gold like this, VAT free and even kept by the Royal Mint or Bank of England and many banks as well as agents.

Doesn't matter what you own, you just lost about 0.3 Bc gambling and that kind of makes any investments moot as you'll never gain while you are prepared to gamble like that. Same for any streamer. For one day, you had the same feeling as many of the players you encourage to sign up via Twitch etc. Bottle that feeling for a moment, then think about the fact that's the people you earn money from.

One thing I could never contemplate is publicly putting a video out like yours bemoaning losses when I too make much of my income from other gamblers. It doesn't sit right. You have to accept the mantra 'easy come, easy go'. In material terms, all you lost was a new Rolex, a decent second-hand Merc or a whole family's entire annual income in many countries. I'm sorry you temporarily lost track of the value of money due to gambling, hope you succeed in never repeating the mistake!

Goooodbyyyeee Coffee Grounds!
I’m sorry but for once this blokes right :p He could of been a bit more sensitive or respected certain streamers feelings, don’t want to upset the coffee grounds mafia @Playford7 go!:laugh:
 
If I lost $14K in a YEAR I would be pretty pissed - can't imagine losing that in one day.

I remember meeting SlotMonster at LAC 2015..? When it was in the old Billingsgate place.
Hope you're OK man?

KK
 
I hope this doesn't become another thread worth nothing more but streamer/affiliation bashing as this is a very interesting discussion to have in regards to gambling problem and streaming and bonus buys in general.

I really don't like bonus buying and one thing I'm proud of is to be capable of saying no to it even if things are going south and I'm getting impatient it just ruins the fun in playing in my opinion and that video kinda validates it to me. This concept is just not a good thing in general.

I agree with Dunover, I hope that people who gamble full time as a "job" realizes that it just becomes so easy to be even more addicted than ever and they need to figure out a plan once they are done with it. It's scary
 
Streamer loses 14k, no one should be allowed to promote gambling ging betting sums that high in one day.

On what planet is your gambling describe as responsible, if anything it only explains how big the gravy train is on affiliate money fact you can lose that.

Let me fetch worlds smallest violin. I'll be glad whe. Affiliate market is finally buried, as these videos just hook simple minded folk to start up on slots.
 
Affiliate market is finally buried, as these videos just hook simple minded folk to start up on slots.

Yeah I've noticed this in the past few weeks. TheBandit has given up on both his new and old YouTube channels, 7Neighbours has quit and even CraigSlots of GamblersDen said in his last video there is no money in affiliates anymore.

The rest will die when the £2 stake limit comes in. Level playing field then, good riddance.
 
A lesson learnt for this streamer, hopefully, he will take on board what he is feeling and that translates into improving his content.

However, the sole purpose for him streaming is to encourage others to gamble. If it was for pure entertainment he wouldn't affiliate his content. He is running a business, so should naturally factor in losses and understand the risks of what he is doing, to himself, his business and his consumers.

No doubt he'll take a break for a day or two, then as the shock wears off, but he'll be back doing the same as he always has. If he has learnt anything then perhaps he'll change his approach.

Fair play to him putting it out there, I like that authenticity, a lot wouldn't - I guess he's finally understanding what responsible gambling is all about. It's not just a bunch of words and paying lip service to it to please the regulators. It impacts real people in a very real way - he's just experienced a very small part of it and it scared him.
 
Great post Neil. Sorry for your loss, but as said in this thread, streamers and their streams showing their unbelievable wins is fuelling those with an agenda to close down online gambling in the UK. Added to the fact it encourages people to bet more than they can afford to lose
 
- I guess he's finally understanding what responsible gambling is all about. It's not just a bunch of words and paying lip service to it to please the regulators. It impacts real people in a very real way - he's just experienced a very small part of it and it scared him.

Something that many streamers never need to worry about as they are not playing with there own money. I struggle to find any empathy for the OP - he is playing with money earned from other peoples losses - that is how it goes. You gamble and you can loose. Seems to me like a pity party from this streamer. He chose to buy into the bonus rounds and got hit hard - as will usually happen. Unless of course your roshtein and the like then a win is always guaranteed.
 
Let me fetch worlds smallest violin. I'll be glad whe. Affiliate market is finally buried, as these videos just hook simple minded folk to start up on slots.
Do you not mean when streamers are buried or do you mean the likes of this site, which is an affiliate site? Bit rich to be using an affiliate site daily when you want it to end isn't it?

Yeah I've noticed this in the past few weeks. TheBandit has given up on both his new and old YouTube channels, 7Neighbours has quit and even CraigSlots of GamblersDen said in his last video there is no money in affiliates anymore.

The rest will die when the £2 stake limit comes in. Level playing field then, good riddance.

There is plenty of money in being an affiliate if you have the time and effort to put into it, and not spunk all your earnings back to the casinos you promote by doing £2k bonus buys and £20 stakes.

Streaming will all but end in time, especially the high rollers. It isn't sustainable. I've been told by various affiliate managers that the quality of customers and average spend that streamers sign up are low. That means, if you are on rev share you need a LOT of customers to make any money every month. If you are on CPA then you need to keep getting sign up's every day, and after a while, the customers will run out. If you are getting £150 CPA and your average customer spend is £20, then that deal won't last long.

I hadn't seen that the bandit had given up on his new channel, although had seen he hasn't posted any videos for a while. I had serious doubts if it would work though using youtube ad revenue alone though, he's nowhere near the level of views needed to make money from it.
 
Thanks. Not sure what kind of pressure you mean, but in general higher stakes will attract more viewers and potential players, who will sign up through your links.

On the other side, playing with higher stakes puts higher pressure on your bankroll, especially if your channel is relatively small and you don't have decent viewers base, and steady affiliate income (if you have steady income from affiliation, you can cover your streaming losses by affiliate profits, as well as winning some money if casinos gonna give you deposit bonuses for your streams).

As for losing 14k, it's easy, I was chasing losses on a game I couln't believe in being so brutal. I think I explained it in the video :)

I know the feeling about being a streamer that doesn't attract the audience numbers that the big guns do. Your affiliate money is not going to cover your losses and you end up where you ended up.

Your honesty is admirable compared to some of the crooks out there in the affiliate world. The twat with the hat would never make such an honest video that you made simply because he doesn't risk what you and other genuine streamer affiliates risk.

A two week break is not going to be enough though in my opinion. My suggestion is to chuck it all in, find another way to get a steady reliable income each month and chuck the odd deposit you can afford a month in at low stakes and see if you can turn that money into something nice you can spend on.
 
From what I can tell is that in order to make a success of being a streamer affiliate you need to invest real money into it in order to generate an income. Without generating an income then your forever investing in the hope of generating an income. For those who are not yet established it is a double edged sword because if your on an unlucky streak then your left in a position of having to keep creating more content while using your own money so taking a break only helps your bank balance and hurts the very thing that your hoping to achieve.
Given that so many streamer affiliates are not making any money and shutting up shop suggests that for those who are wishing to make a success of it are simply conducting an exercise in futility.
The big boys have already cornered the market so my advice to anyone wishing to try making a go of generating a living out of it today is don't bother trying unless your have very deep pockets and are prepared to lose it
 
Do you not mean when streamers are buried or do you mean the likes of this site, which is an affiliate site? Bit rich to be using an affiliate site daily when you want it to end isn't it?
This site is encouraging stupid gambling with ridiculous sums lost in seconds.

Should be a 1 pound limit on streamers stakes.
 
I lost a 48.5K balance a couple of years ago on £20 spins on Book of Dead only. I remember the same feeling of "it cant go on being this bad", "the bonus will land soon" etc. Silly thing was that I wanted to get to 50k before cashing out. I never reached it and then blew the lot. Horrible feeling and eventually led me to stop.
 
I know the feeling about being a streamer that doesn't attract the audience numbers that the big guns do. Your affiliate money is not going to cover your losses and you end up where you ended up.

Your honesty is admirable compared to some of the crooks out there in the affiliate world. The twat with the hat would never make such an honest video that you made simply because he doesn't risk what you and other genuine streamer affiliates risk.

A two week break is not going to be enough though in my opinion. My suggestion is to chuck it all in, find another way to get a steady reliable income each month and chuck the odd deposit you can afford a month in at low stakes and see if you can turn that money into something nice you can spend on.
:laugh::laugh::laugh::lolup::laugh::laugh::laugh:
 
Talking of bandit , his bets have gone right down and he has taken a lot of losses in the videos shown in the last year, so not surprising he is trying to cut his losses .

Unless he had a lottery win beforehand.

But then his soccermillion site is described as a UK marketing specialist, so would assume that his slot playing is supported heavily by signups . Just how much do Videoslots pay to affiliates?

They all need to reign it in , it is the competition for big stake videos and bonus buys that are causing an implosion , and SlotMonster won’t be the only guy that gets the sharp end of the stick .
 
Talking of bandit , his bets have gone right down and he has taken a lot of losses in the videos shown in the last year, so not surprising he is trying to cut his losses .

Unless he had a lottery win beforehand.

But then his soccermillion site is described as a UK marketing specialist, so would assume that his slot playing is supported heavily by signups . Just how much do Videoslots pay to affiliates?

They all need to reign it in , it is the competition for big stake videos and bonus buys that are causing an implosion , and SlotMonster won’t be the only guy that gets the sharp end of the stick .
Very very little, the worst of all affiliate programs that I have ever seen.
even the CPA is only around £65, which is really low. Why do you think you rarely see any streamers playing there?
But aside from that, he doesn't have any affiliate links on the new channel so how could he be getting sign ups?
 
Unless he gets a fee per video ? Why play at a lower RTP site if he is a gambling expert ?

There was a post by Rocknrolla on his TGC site that said he was offered ‘pay per video’ by 21 Casino who he always plays with , and asking if people would be ok with it if he agreed .

Maybe VS do the same ?
 
Unless he gets a fee per video ? Why play at a lower RTP site if he is a gambling expert ?

There was a post by Rocknrolla on his TGC site that said he was offered ‘pay per video’ by 21 Casino who he always plays with , and asking if people would be ok with it if he agreed .

Maybe VS do the same ?
I don't know, I've always thought he was one of the very few streamers who isn't playing with fake money and seems to be quite honest about things. He does play elsewhere but has said he goes back to VS's simply because of the amount of games they have. He might get paid per video, but think if he was, others would too and you would see them being streamed more often than you do. I would think it would be easier to get people to sign up for Videoslots than the shite some streamers promote, so if there was money in it then I suspect more would stream from them. He's also said in the past he doesn't care about RTP so don't think them being lower is an issue for him, not that I agree!
 

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