Bitcoin Forum

Economy => Gambling => Topic started by: TippingPoint on September 16, 2015, 03:41:39 AM



Title: Maximum Control of Your Own Destiny When Gambling
Post by: TippingPoint on September 16, 2015, 03:41:39 AM

When a corrupt government favors one form of gambling (such as high-rake lotteries) over another (such as low-rake internet poker), and makes currency transfers to and from some sites difficult and subject to confiscation, the advantages of Bitcoin (including the ease of transfers to and from a site) eventually outweigh the additional steps necessary for purchase and sale.  Do you agree that poker gives a gambler the greatest possible control over the outcome?

In the spectrum of controlling your own destiny, isn't the correct ranking:

Poker > Sports Betting > Blackjack > Dice > Lotteries

How do other people rank them?



Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: fulgdenea on September 16, 2015, 03:50:26 AM
So i would like to share my gambling choice what i like to do with my money, there it is sportsbook, dice, blackjack, poker, roulette and some slot machines.


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: fox19891989 on September 16, 2015, 04:25:33 AM

When a corrupt government favors one form of gambling (such as high-rake lotteries) over another (such as low-rake internet poker), and makes currency transfers to and from some sites difficult and subject to confiscation, the advantages of Bitcoin (including the ease of transfers to and from a site) eventually outweigh the additional steps necessary for purchase and sale.  Do you agree that poker gives a gambler the greatest possible control over the outcome?

In the spectrum of controlling your own destiny, isn't the correct ranking:

Poker > Sports Betting > Blackjack > Dice > Lotteries

How do other people rank them?



I agree with you, cause I rank them same as yours, I like poker and sports betting very much. For casino games, I prefer blackjack(0.4% house edge) and dice(1% house edge), but I never bought a lottery, it is corrupted here, all big winnings are fakes.


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: bitbaby on September 16, 2015, 04:27:56 AM

Do you agree that poker gives a gambler the greatest possible control over the outcome?

Em. It does if you compare it will all the other forms of Gambling which are all based completely on luck whereas Poker does have a slight skill advantage and also with some hands you know the outcome already, for example, you make a Royal Flush and after that you can bet an Elephant because no matter what, you know you can't lose.

In the spectrum of controlling your own destiny, isn't the correct ranking:

Poker > Sports Betting > Blackjack > Dice > Lotteries

How do other people rank them?



I'd rank the same but after sports betting, I'd put all of them in the same category:

Edit: I think Horse Racing should make a place between Sports Betting and all the Casino based games? Based on a Horse/Jockey's history, experts can still predict the outcome to a certain extent, same as Sports betting.

Poker > Sports Betting > Horse Racing > Casino Games.


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: Zackgeno96 on September 16, 2015, 04:55:01 AM

When a corrupt government favors one form of gambling (such as high-rake lotteries) over another (such as low-rake internet poker), and makes currency transfers to and from some sites difficult and subject to confiscation, the advantages of Bitcoin (including the ease of transfers to and from a site) eventually outweigh the additional steps necessary for purchase and sale.  Do you agree that poker gives a gambler the greatest possible control over the outcome?

In the spectrum of controlling your own destiny, isn't the correct ranking:

Poker > Sports Betting > Blackjack > Dice > Lotteries

How do other people rank them?


people who aren't involved with bitcoin or do not frequent this forum often probably see it like this

Lotteries > Lotteries > Lotteries > Lotteries > Casinos

people who are familiar with bitcoin tend to think more logical so i'd have to agree with you i see it about the same poker is always first because it's pvp based ;D


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: Nobitcoin on September 16, 2015, 05:04:35 AM
It all depends on how much satoshis you have. A small amount will lead you to either Lotteries, Dice or Blackjack whilst if you have a bigger bankroll it would be better to play Poker.


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: plost24 on September 16, 2015, 05:08:03 AM
for me i chose sport beting then dice then blackjack and some casino, i don't play lotteries


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: t0pnotch on September 16, 2015, 06:10:41 AM
I would agree poker is the only place where you can control your fate.

Sports, although you can, i doubt any of us are that good ;,)


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: EternalWingsofGod on September 16, 2015, 06:17:39 AM

When a corrupt government favors one form of gambling (such as high-rake lotteries) over another (such as low-rake internet poker), and makes currency transfers to and from some sites difficult and subject to confiscation, the advantages of Bitcoin (including the ease of transfers to and from a site) eventually outweigh the additional steps necessary for purchase and sale.  Do you agree that poker gives a gambler the greatest possible control over the outcome?

In the spectrum of controlling your own destiny, isn't the correct ranking:

Poker > Sports Betting > Blackjack > Dice > Lotteries

How do other people rank them?



I agree with your spectrum and find no issues you have more control in that order descending.
If I were to make a point the only difference is house edges associated and how much the government rakes from physical versus online casinos.


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: 1aguar on September 16, 2015, 06:27:10 AM
Poker > Sports Betting > Blackjack > Dice > Lotteries

Arbitrage opportunities are possible and even common with Sports Betting; not so with Poker. Therefore, the former can be seen as an investment (if you know what you are doing) while the latter is gambling.


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: sukamasoto on September 16, 2015, 07:20:51 AM
I agree with you mostly.
Since poker can be your advantage if you're lucky enough when you've great pair of card
Sport betting, required expert analysis to predict who's gonna be winner


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: Erza on September 16, 2015, 07:27:40 AM
I agree with you mostly.
Since poker can be your advantage if you're lucky enough when you've great pair of card
Sport betting, required expert analysis to predict who's gonna be winner


I agree with you about the sport betting but not on poker because poker is definitely not depends on your luck but more skills rather than luck, if you know how to control your game mostly you will win it

I rather choose dice above everything because dice is the most easiest way to earn and to lose too  ;D


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: euripide on September 16, 2015, 08:12:34 AM
Depend where you play. I remember more poker site with cheat software (the owner of poker site see the card of all user and win easy all tournament)


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: marioantonini on September 16, 2015, 08:16:38 AM
sportbetting not is really under your control, in italy, more game of second division is fixed, you are sure of victory of best team and to the end of season team is banned for fraud  ;D


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: jack01 on September 16, 2015, 08:21:09 AM
hm... I think that we can separate casino games in which win depends on our hands or not... If its a poker or blackjack you thinking and playing but if its slot games you dont thinking anything only push button. So in some games we can control our win (partly) but in some we can only check provably fair...  :P


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: adaseb on September 16, 2015, 09:31:59 AM

When a corrupt government favors one form of gambling (such as high-rake lotteries) over another (such as low-rake internet poker), and makes currency transfers to and from some sites difficult and subject to confiscation, the advantages of Bitcoin (including the ease of transfers to and from a site) eventually outweigh the additional steps necessary for purchase and sale.  Do you agree that poker gives a gambler the greatest possible control over the outcome?

In the spectrum of controlling your own destiny, isn't the correct ranking:

Poker > Sports Betting > Blackjack > Dice > Lotteries

How do other people rank them?



It seems you are basing your evidence on the amount of house edge. So you are saying people play more and more lotteries and slots and dice because it has the highest odds against them and they secretly want to lose?


Title: Re: Maximum Control of Your Own Destiny When Gambling
Post by: shanem on September 16, 2015, 02:35:04 PM
I rank Sports Betting as the 1st and Poker as the 2nd. The rest I don't have any preference in the order.
For the 1st and 2nd type of gambling, you can analyse the situation and bet which you feel have an advantage in.