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1001  Economy / Gambling discussion / Re: Las Vegas Casinos are open - end of the Pandemic era. on: July 04, 2020, 10:29:01 PM
My medical relative told me that the quarantine will not lead to the fact that there will be no patients. Quarantine helps reduce the number of infected people per day and thus reduces the burden on hospitals. That is why many countries have established quarantines and other restrictions for their citizens

This has been made known straight away

However, there are stats (I posted a link somewhere around here) that essentially point out that the quarantine was ineffective for this purpose, at least in the States. In other words, without it there would be as many cases and as many victims. But if it was ineffective, it was actually less than useless, and has only added to our current economic woes when we look at the bigger picture. That's probably one of the reasons it has been lifted and dismantled without much ado

It is difficult for me to assess the situation in the United States because I do not live there. I live in the Republic of Belarus. We didn't have a quarantine. We even had the football championship going on. The number of cases was large, and they still continue to arrive. However, our mortality rate is 5-7%, which is quite comparable to the death rate from influenza.
1002  Economy / Gambling discussion / Re: Las Vegas Casinos are open - end of the Pandemic era. on: July 04, 2020, 09:32:20 PM
Well after all Las Vegas is the town that depends on tourists and gamblers, if they don't attract people they are just on loss, they need to pay bills, they need to cover salaries, but from where to get that money if people are not coming?
It's risky, but it's the only thing they can do actually, if they wish to survive. Of course, they will have to follow the regulations, masks and glows, distancing... Virus or not, we have to eat, and to eat we need to have a job and salary, you can't go against that!

So it is not just about Vegas

And that's the whole idea. We will have to live with the virus, and that's where things are going to take an interesting turn. We have basically set ourselves up to face a dilemma of whether the quarantine was of any help at all. If people continue to fall ill until everyone pulls through (well, not everyone, but you get the point), it means that with these attempts at social isolation we created more problems than solved. And then we may get stuck in a variety of sunk cost fallacy, stubbornly continuing on the course that has failed

My medical relative told me that the quarantine will not lead to the fact that there will be no patients. Quarantine helps reduce the number of infected people per day and thus reduces the burden on hospitals. That is why many countries have established quarantines and other restrictions for their citizens.
1003  Economy / Gambling discussion / Re: CORONAVIRUS IMPACT ON SPORTS GAMBLING on: July 04, 2020, 09:04:11 PM
If Trump can get the go-ahead for a rally speaking to a half-filled arena of c.10,000 people when the capacity was c.20,000 then by that logic sports events should not be restricted but the fact of the matter is look at what happened the Tennis tournament in Serbia went ahead which was organised by Djokovic in June 2020. He, his wife and several players as well as several spectators including a pregnant woman became infected. He flouted the social distance guidelines and went to nightclubs with fellow professionals (as the videos showed) and the tournament met a swift end.

Life still goes on and as time goes on we will adapt until we find ourselves closer to the life we had before COVID-19.


Slowly and slowly as more and more sports events start taking place, betting will increase. There are many people that place bets on sports events without evening having an interest in that particular sport as odds are available for many aspects of the game (goals scored, sent off, total corners etc).

I am worried about the impact the lock down has had on vulnerable people that might have started gambling and turned it in to an addiction.

I am also glad that in many countries once again started to allow the conduct of sports matches. This will show people that they need to stop being afraid and get used to living the same life.
Don't worry about dependent people. They never stopped playing. Some of them played in online casinos, others played in illegal casinos.

It all depends on luck and the General epidemiological situation in the country. In my country, for example, the football championship was not stopped even in the spring. The players are safe and healthy.
1004  Economy / Gambling discussion / Re: CORONAVIRUS IMPACT ON SPORTS GAMBLING on: July 03, 2020, 09:45:37 AM
Slowly and slowly as more and more sports events start taking place, betting will increase. There are many people that place bets on sports events without evening having an interest in that particular sport as odds are available for many aspects of the game (goals scored, sent off, total corners etc).

I am worried about the impact the lock down has had on vulnerable people that might have started gambling and turned it in to an addiction.

I am also glad that in many countries once again started to allow the conduct of sports matches. This will show people that they need to stop being afraid and get used to living the same life.
Don't worry about dependent people. They never stopped playing. Some of them played in online casinos, others played in illegal casinos.
1005  Local / Oбcyждeниe Bitcoin / Re: Стоит ли сейчас инвестировать в Биткоин? on: July 03, 2020, 09:25:12 AM
~
Скоро появится свое криптовалютное законодательство в Украине и Казахстане. Мне давно интересно скопирует ли Россия в итоге криптовалютное законодательство РБ или будет максимально возможный запрет как настаивает ваша "госпожа Набиуллина".

Я бы рассматривал второй вариант. Понимаю, что во многом решения власти лишены логического смысла и можно было бы ожидать любого решения, с вероятностью 50/50. Но все-таки для меня есть линия, по которой идут запреты и если невозможно/очень сложно получить налоги, с какой-то деятельности, то в силу вступает полный запрет. Вот в этом можно найти хоть какой-то вариант понимания.

Сейчас в России двигают IT сферу, поэтому скоро дойдет очередь и до легализации крипты с мягкими условиями.

Тссс. Вы такую крамолу сказали. Среди русскоговорящих принято власти ругать и не ожидать от них ничего хорошего, а вы тут речь заводите о "легализации крипты с мягкими условиями", так вам уважения не заработать. Тайкири вообще считает что всем пора валить пока опять границы не закрыли как было в СССР. Поэтому и инвестируют в Биткоин Россияне вопреки власти, а не благодаря.
1006  Alternate cryptocurrencies / Altcoin Discussion / Re: How reliable is crypto payment? on: July 01, 2020, 11:53:32 PM
I thought about the use of cryptocurrency by merchants for day to day trade settlement. When combined with fiat, it gives customers a lot of options and flexibility to chose how they transact. On the flip side, I am also thinking that crypto volatility could poss a lot of dangers and issues when adopting crypto for payment.

What do you think about the future of cryptocurrency payment, will conventional altcoin (non-stablecoins) have a chance or the race will solely be won by stablecoins?

Satoshi Nakamoto created bitcoin precisely for the purpose of using It as a means of payment. And he managed to create a means of payment that does not depend on any banks and countries. But then speculators came to the crypto market and distorted the meaning of cryptocurrencies.
1007  Economy / Gambling discussion / Re: Las Vegas Casinos are open - end of the Pandemic era. on: July 01, 2020, 11:40:27 PM
We can't say for sure that we are safe if we are young because Young people are affected at most on some regions and people with different age range also died so every individual have to be afraid of getting infected but government relaxing the restrictions is the reason why people think that everything is back into normal.

You're right, guy. Recently, a master of sports in powerlifting died in my country due to the consequences caused by a coronavirus. He would have turned 40 next year. This suggests that the disease can kill anyone.
However, I continue to assure everyone that if healthy people want to fly to Las Vegas, then let them fly, it is their right.
1008  Economy / Gambling discussion / Re: What is the best welcome offer for you? on: July 01, 2020, 10:48:23 PM
They commonly set out roll over on which most gamblers cant really able to pull it of. 40x or more might really be easy as it looks but actually a really hard
requirement for you to achieve  unless if you are extremely lucky.

This is why i dont really bother much on promotions no matter how good or generous it do looks like because thinking of the terms alone would already
kill out my excitement on playing. hehehe

A man who knows what the welcome bonuses are for, as well as how the entire bonus-related system works, he will never choose an online casino to play just because of bonuses.
No one will say: "Hello friend. Glad you came to play with us! Keep a hundred bucks and you can do whatever you want with it, even take it right away."
1009  Economy / Gambling discussion / Re: Physical Casinos Decoded : on: July 01, 2020, 10:31:56 PM

We only talk about legal casinos and only about legal methods of punishment. Naturally, they will hand over the violator of the law to law enforcement agencies

They can't arrest anyone

And thus they can't "hand over" anyone either. If they try to pull off that thing, they may end up a violator even if the fact of the collusion gets confirmed in the court. So, as long as we are talking about legal methods, all they can do is call the cops. And this is what happens when you call the cops in America

I don't know how it works in America. In my country, if you see a crime committed, you call the cops. And you have the right not to let the criminal out of your establishment. In addition, you have a special security service for this purpose.
If you believe that the casino does not have the right to restrict the movement of a criminal - let it be so. They know the dealer's name, they know his social security number and residential address. They have a recording of his crime on the cameras, there are witnesses. They can just give all this information to the police.
1010  Other / Archival / Re: Халвинг и темпы роста цены биткоина on: July 01, 2020, 09:36:27 PM

Если кому-то будет выгодно уронить биткоин в ноль, он это сделает не задумываясь о каких-то там ходлерах которые начнут плакаться о 'ненадежном активе'. Единственное что важно для кита на рынке - это цена вопроса, все остальные факторы можете смело спускать в унитаз.

Китам может быть только единовременная выгода от обрушения Биткоина к нулю, больше они на этом рынке не заработают, т.к. с падением Биткоина умрет весь рынок.
Уронить Биткоин в ноль могут не только киты, уронить могут и майнеры путем сговора с целью достижения мощности сети более 50% и создания не существовавших ранее выходов с миллионами биткоинов. Как только станет известно что им это удалось, начнется паника и Биткоин начнут массово продавать по любой цене. Но выиграют ли от этого майнеры? Что они потом будут делать с оборудованием на миллиарды долларов?
1011  Local / Oбcyждeниe Bitcoin / Re: Стоит ли сейчас инвестировать в Биткоин? on: July 01, 2020, 09:14:00 PM
Остается ждать пока наши тугоДумы разродятся таки законом о криптовалютах.

Лучше бы они больше затягивали с этим законом. Всё запретить и всех наказать по отношению к криптовалюте - это продавливают в силовом блоке, вопрос лишь в том, насколько жесткими будут запреты, ограничения.
И как второй вариант, если в стране (а мы к этому идем) по финансовой части будет большой разрыв, криптовалюту будут рассматривать, как еще один источник, с которого можно "драть" непомерные налоги.
Оба варианта не будут способствовать развитию блокчейн-индустрии.
 
 

А куда тянуть еще. Итак как черепахи с этим законом, есть же пример Беларуси, некоторых Европейских государств. Скоро появится свое криптовалютное законодательство в Украине и Казахстане. Мне давно интересно скопирует ли Россия в итоге криптовалютное законодательство РБ или будет максимально возможный запрет как настаивает ваша "госпожа Набиуллина".
1012  Economy / Gambling discussion / Re: Physical Casinos Decoded : on: July 01, 2020, 09:07:18 PM
And who is to decide on what constitutes a conviction and what not, criminal or otherwise?

Right, it is the task for a court of law in any conventional jurisdiction. So it may or may not be enough, but no matter the circumstances and evidence, neither the casino nor the police can convict anyone on their own (unless we are in some dystopian future where "I'm the law"). Technically, in many jurisdictions police can give you a warning without going to court if you admit an offence, or impose a fine on you, which you are entitled to challenge before a court of law by claiming, for example, you were forced to make and sign the statement (or just want to throw a Hail Mary)

Only a court can convict a person, of course. However, the police or Prosecutor's office can evaluate the evidence and decide whether to open a criminal case. And whether there is enough evidence for a conviction

And this basically leaves out the casino

Which was the entire point. To sum it up, they can't arrest, convict, or punish anyone on their own (other than by firing them). All a casino can do is report on an employee who they think colluded with the gamblers. Indeed, this is only applicable to legal establishments as your adventures in an illegal one can end with a very different outcome (pun intended), both as a player and as a dealer (if it comes to that)

We only talk about legal casinos and only about legal methods of punishment. Naturally, they will hand over the violator of the law to law enforcement agencies.
I'm afraid to even imagine what can be done with a cheater in an illegal casino. Perhaps he will never be able to deceive anyone again)
1013  Economy / Gambling discussion / Re: CORONAVIRUS IMPACT ON SPORTS GAMBLING on: July 01, 2020, 08:28:27 PM

I also wish the same that as soon as vaccine is available things will start getting back on normal. But just couple of days back has being hearing some of the people in the Health ministry of the country that they do not expect to be available till this year end. Mostly it would be the next year where they expect it, though considering there are few countries which has already started the trail run on human and if that will be successful it will be out soon.


I wrote earlier. In Russia, a few weeks ago, they started testing the vaccine on volunteers. If all goes well, the production of the vaccine will begin in the autumn of this year. I really hope that everything will work out as planned.
1014  Economy / Gambling discussion / Re: CORONAVIRUS IMPACT ON SPORTS GAMBLING on: July 01, 2020, 12:11:08 PM


That would be a disaster. People are actually having a hard time to survive the first wave, how much more if we will be having the second wave. Some people thought that what we have right now is the second wave but as far as I know, we are still in the first wave, that is why I hope 2nd wave doesn't happen anymore. Though medical personnel should be ready for this does or it doesn't happen. That would also mean more delays and cancellations of games again.

It is very difficult to determine the second wave of infection or the first. According to information from our city hospitals, there were several cases when people who were sick with coronavirus were admitted again after a few weeks.

It is said that some of the cases right now are still at the first wave, maybe they are contaminated again.

We never know what will happen in the 2nd wave and I hope we never know and never experience that. Still, I am just excited as NBA games will be resuming. I am hyped since I've been dreaming about me watching games and winning some bets on it. Oh yeah, and the new cases of US are still said to be at the first wave, hope it just stay there.

I am sure that soon a vaccine against coronavirus will be ready and we will all be able to do our favorite things without fear of getting sick. You will be able to attend matches of your favorite sports teams. We will also be able to play not only in online casinos but also in Las Vegas.
1015  Economy / Gambling discussion / Re: Physical Casinos Decoded : on: July 01, 2020, 10:38:17 AM
And who is to decide on what constitutes a conviction and what not, criminal or otherwise?

Right, it is the task for a court of law in any conventional jurisdiction. So it may or may not be enough, but no matter the circumstances and evidence, neither the casino nor the police can convict anyone on their own (unless we are in some dystopian future where "I'm the law"). Technically, in many jurisdictions police can give you a warning without going to court if you admit an offence, or impose a fine on you, which you are entitled to challenge before a court of law by claiming, for example, you were forced to make and sign the statement (or just want to throw a Hail Mary)

Only a court can convict a person, of course. However, the police or Prosecutor's office can evaluate the evidence and decide whether to open a criminal case. And whether there is enough evidence for a conviction.
1016  Economy / Gambling discussion / Re: CORONAVIRUS IMPACT ON SPORTS GAMBLING on: June 30, 2020, 11:59:19 PM


That would be a disaster. People are actually having a hard time to survive the first wave, how much more if we will be having the second wave. Some people thought that what we have right now is the second wave but as far as I know, we are still in the first wave, that is why I hope 2nd wave doesn't happen anymore. Though medical personnel should be ready for this does or it doesn't happen. That would also mean more delays and cancellations of games again.

It is very difficult to determine the second wave of infection or the first. According to information from our city hospitals, there were several cases when people who were sick with coronavirus were admitted again after a few weeks.
1017  Economy / Gambling discussion / Re: What is the best welcome offer for you? on: June 30, 2020, 11:43:52 PM
Everything is already calculated by the house and they wont just set out promotions that would completely give out disadvantage to them.

They would always aiming to be on the edge.They do make look themselves to be generous by most gamblers but majority arent really aware

on what thing they are dealing with.Gamblers thought that they do have the advantage but its actually not.

Naturally. This is their business and they want to earn more than the players. If players start earning more money from bonuses than they spend for bets, the casino will go bust. Therefore, their bonuses will always be arranged so that players will be interested in coming to them and they will spend much more than they received from the casino.
1018  Economy / Gambling discussion / Re: CORONAVIRUS IMPACT ON SPORTS GAMBLING on: June 30, 2020, 11:14:21 PM
If the bookmakers did not have such a right that protects them from dishonest matches, then all legal bookmakers would go bankrupt for a long time. There is a lot of situations where fraud (in sports) is obvious, but it is unrealistic to prove collusion. These rules help bookmakers protect their business.

But what to do if the result of the match exceeded all expectations and the bookmaker suffered losses. However, the game was fair. In this case, the bookmaker can declare the match as a contract and refuse to pay the bets.

How can those who placed bets get their winnings?

In reputable bookmakers, this does not happen. Firstly, there is a limit on the maximum amount of winnings and the office controls that at any outcome of the match this amount should not be exceeded. Secondly, the mathematics of this business is such that for any outcome, the office is always in profit (on average).

Most likely it is and your words are true. What I wrote about can happen very rarely. However, I am confused by the fact that a bookmaker can declare the results of any match invalid and return bets to participants. And to do this, he does not need the match to be officially declared invalid due to players fraud.
1019  Economy / Gambling discussion / Re: Physical Casinos Decoded : on: June 30, 2020, 10:26:20 PM
If it is established that the player and the dealer colluded. Wouldn't that be considered fraud?

Who established that, the casino?

If so, they don't even need an investigation into the matter, as in this case they can be the law unto themselves as well as the law enforcement agency. If we are talking about legal institutions, though, the fact of collusion can only be established in the court of law after the plaintiff reveals all of their evidence to that effect and the judge finds this evidence convincing and sufficient

The security service may find that the dealer deliberately lets a particular player win. This will be recorded by surveillance cameras. Various adaptations can be found.
Casino employees will call the police, provide them with video footage, physical evidence, and witness statements.
If collusion fraud took place, wouldn't that be enough for a conviction?
1020  Economy / Gambling discussion / Re: Las Vegas Casinos are open - end of the Pandemic era. on: June 30, 2020, 10:11:47 PM

If you are like me who doesn't go outside the house more often and always staying inside the house most of the time then online casinos will be a perfect fit for you Cheesy.

On the other side if you really want to socialize with other people and maybe an extrovert then Physical casinos will fit you. For me, the only difference between the 2 is the environment only which is quite obvious already. I didn't tried physical casinos yet since there is no near one in my place so online casinos really help me to gamble in different sports events even I'm at my house only.

I rarely go to the casino alone. We usually do this with our friends. So much fun. It's fun to compete who will win more money starting with the same amount of bets. You can't get such feelings in an online casino.
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