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1001  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: October 09, 2023, 09:17:41 AM
For me these days, I do wish I could gamble more instead of spending frivolously and indulging in cheap entertainment that cost me my funds, time and attention. Most times I don't get as much thrill and fun like when I gamble and have my blood pumping or emotions raving, but I know the importance of control and the need to instead save or reinvest my funds to solve a better need.
Investment is in the form of HODLing BTC as I have always said and perhaps in knowledge of trading and real world skill, hence why I heed to forming better money consumption habits than gambling which is easily addictive.

Yeah, gambling is really short timed, very different to actually making an investment, which is more long time focused.

Some people call gambling investing, but it is not really an investment, it is buying the small chance to win money.

And the casinos just keep collecting money from fees and their better odds.
1002  Economy / Gambling discussion / Re: How will you feel if it happens to you just like this? on: October 09, 2023, 09:15:05 AM
~snip~

Well, gambling in reality is that we already lose before we start gambling. Because we need to pay first the game before we are allowed to play. And if you’re not lucky enough, you still end up losing all your capital. This is the reality in gambling. Whether you win or lose, the house itself have already been getting initial profits from the players. That is why play only what you can afford to lose, and not end up blaming the casino site for not giving you chances to win.

Yes, gamblers usually don't consider the cost of playing the games, which includes for example entry fees to a casino, or fees for playing a game, and also the odds are against them.

And even if you get lucky and win big, most gamblers will continue playing and lose everything eventually.
1003  Economy / Gambling discussion / Re: The madness of gambling addicts. on: October 09, 2023, 09:04:22 AM
~snip~

excessive frustration lead you to be more aggressive and instead of quitting or stopping it generate the kind of mindset that you needed to proceed and continue, more time to gamble can convert into more money to deposit, the moment you realize that you are doing wrong decision making is when you already emptied your bankroll together with your save money or money that's not supposedly for gambling and supposedly for more important things that it was saved or prepared.


Yeah, that is the typical scenario of a gambler that believes they can be the lucky ones that will get the big wins if they keep playing the games.

Truth is that the math tells you that moat likely the gambler will end up with less money after they gamble.
1004  Economy / Gambling discussion / Re: Bitcoin betting on the 2024 US Presidential Election on: October 09, 2023, 09:01:14 AM
Went to the Eagle Pass border crossing to see what’s really going on

Source https://twitter.com/elonmusk/status/1707565081750290910


In any case, this will grow into a bigger storyline when the election is near. The Whitehouse should begin working with local politicians in those counties before the storyline starts to mention the word invasion.

Situation at the southern border is just appalling. 8,000 illegals are crossing the border each day, as per news reports. Just in the month of August, a total of 232,000 migrants crossed the border without any sort of paperwork. Rolando Salinos (mayor of Eagle Pass) was forced to declare state of emergency. Border agents can't just deal with the huge numbers who are crossing the border and it is quite possible that some may be slipping through without any background/biometry check. And from the pictures, I can see that >95% of the migrants are military age men, with very few women or children among them.

A country should be able to control their borders and select who they want to come in or out of it.

These reports you mentioned basically show that the US is not capable to keep their borders in check.
1005  Economy / Gambling discussion / Re: who Want To Bet On 2024 USA elections? on: October 09, 2023, 08:54:16 AM
~snip~

Speaking of Wikipedia, that's what I found there about "realclearpolitics":

"In 2020, The New York Times noted that since 2017, when a large number of its straight news journalists were laid off, RealClearPolitics has had a rightward, pro-Trump turn"


And I went to Wiki because I was suspecting something like that. Trump "is back on top" for once, and they are happy to report it.

But Trump is not "well ahead", far from it. Even if we take the data from the same site, realclearpolitics.com, it looks like this:



I wouldn't call it "well ahead", to be honest.

Many sportsbetting sites are not accepting bets on 2024 USA elections right now, so, I can't say what bettors think, unfortunately.


Yeah, I agree with you on this one.

A difference lf 1% in a poll is clearly not a huge distance.

I think people are getting too polarised and they will exaggerate things like this poll for example.
1006  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: October 09, 2023, 08:50:58 AM
~snip~
It's really hard to say which FIFA world cup will be his last world cup because I remember in 2018 Messi said that FIFA 2018 world cup was his last chance to win but out of curiosity, he participated in FIFA 2022 and he won it. He even said again that FIFA 2022 was his last chance but after the win, he even plans to participate in FIFA 2026.
Probably, he is not in phenomenal shape right now because age leaves its mark on the body but Messi's dribbling skills are constantly developing, every year he dribbles better and shows magic tricks, he still hasn't shown his limits. Such a phenomenal player. To be honest, I will not even be surprised if he plays in FIFA 2030. Simply there is no reason for him to retire, he will be way better player at the age of 43 than many other 20 years old players.

To me it would seem a bit silly for Messi to play in the next world cup, he has the chance to retire after he won the world cup, and now he can play a bit more to make some extra cash, plus then he will be able to continue making money by doing ads and things like that.

Playing the next world cup would not bring anything else to him, even if he wins it
1007  Economy / Gambling discussion / Re: The madness of gambling addicts. on: October 06, 2023, 03:41:53 PM
Really, addiction is a pretty awful thing. Addiction to anything, but especially to gambling, is bad. It's incredibly difficult to get rid of . The majority of men who are gambling addicts will even steal to play. It's hard for me to hide the fact that I'm a gambling addict before. Even when I didn't have any money, I tried to find some so that I could continue playing.

Thank God for my life, I don't gambling again.
Addiction or using it excessively is not good. But we as humans have the desire to get more so it is normal when we see many people becoming addicted to gambling. But we have a way to prevent gambling addiction from coming to us. We must control ourselves well while gambling and have no desire to chase bigger wins. If they cannot resist that desire, they will only experience loss, resulting in them experiencing frustration and anger because they have experienced that loss. And if you are no longer a gambling addict, you must be truly grateful and never repeat things that could make you become a gambling addict again.

Yeah, at the end of the day what matters is how much money you made minus how much you paid for the games.

A gambler will be addicted of they think they cam earn more than what they pay.

The hard truth is that the odds are against the gambler and the gambler, based on the maths, will eventually lose all their money against the casino
1008  Economy / Gambling discussion / Re: Some of country can offer you legal gambling in 2023! on: October 06, 2023, 03:36:13 PM
~snip~
actually no need to use vpn to access gambling sites, you can change the dns on your phone or computer easily, it can be useful for those of you who want to access banned gambling sites, you can use free dns such as clodflere or google dns.

And can you just withdraw money to your local bank when you win big?

I think it is possible for them to refuse payment to certain accounts of banned countries.
1009  Economy / Gambling discussion / Re: Are successful gamblers seen as addicts? on: October 06, 2023, 03:33:33 PM
~snip~
If they are skilled, it is because they learned it to the point of mastering it well. If it is luck, we can only wait for it to come, and it will not come to everyone. Only certain people can get their luck. Successful gamblers may own their casinos, but they hide their identity as casino owners and enjoy their lives peacefully. There is no point in showing off their success because that will only make them enemies.

And it is true that behind success, there are sad stories experienced by each successful person. And if they can learn from the mistakes he made along his journey to success, he will be a successful person. Successful gamblers also learn from their mistakes to become successful gamblers.

It is always luck, and the odds are against the gambler.

In the rare situation that a gambler ends up winning a large amount, the casino will be quick to give them food and drinks for free so that they stay for as long as possible.
1010  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: October 06, 2023, 03:23:21 PM
~snip~
Its interesting that a lot of people believe sports betting is just about data, but there's more to it than that, isnt it? The human element of the game is being lost if we only use AI to make predictions. Lets say a star player is injured and the replacement is a beast in training but has little to no internet statistics. That would be completely lost on AI, wouldn't it?

You make a valid point: AI might not be able to discern subtleties that humans do, such as the atmosphere created by instructional videos. Bookies will surely realize the significance of these "hidden gems" if we humans do. They may be ahead of the game, adjusting the odds in light of these revelations. Thus, perhaps, just perhaps, in the realm of sports betting, AI and human intuition go hand in hand.

I think that at the end of the day AI should be able to "watch" and process those practice videos and form an opinion just like how a human would do.

AI can also integrate information from many other sources and watch multiple video streams faster than the time of the videos, which would be impossible for a human.

I think AI has the potential to be better than humans in pretty much every area, eventually
1011  Economy / Gambling discussion / Re: Saudi Professional League 2023/2024 on: October 06, 2023, 03:14:48 PM
Younger players like Kylian Mbappé and Erling Håland believe that moving to the Saudi Professional League can have a negative impact on their future prospects. So it is mostly experienced players like Cristiano Ronaldo, Karim Benzema and Neymar who have moved to SPL till now. But that may change in the future. If the Saudi Professional League becomes one of the most popular leagues in the world, and if the matches are watched by global audience, then the younger players maybe more receptive towards offers from the SPL.
currently, the reason is that young players or players who have high quality talent will refuse to move to the SPL as long as it is not known as one of the best leagues in the world. and that is very natural because Mbappe and Haaland definitely prefer to have a career in europe to improve their talents and experience more challenges and on the one hand, if these players have great careers in europe, of course the prices of these players will also increase.
like Ronaldo and other european star players who are currently in the SPL, initially they had career in europe until they were quite old and after retirement they would receive very high offers to earn large amounts of money before retiring and that is natural thing for me.

At the end of the day many players will be tempted to go there if they are offered a large sum of money.

This is probably the beginning of a shift of where the best players are playing in the future.
1012  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: October 06, 2023, 03:09:19 PM
As this is the active World Cup thread, I'll post it here
If many here are already thinking it's bad that the World Cup will be played in 3 countries, take a look at this news that just came out:

The 2030 World Cup will be played in 3 continents and 6 countries

A brief summary: Argentina, Uruguay and Paraguay (South America) will play the first matches of each team in their own country, to celebrate the centenary of the World Cup
After that, the World Cup will be played "normally" in 3 countries: Portugal, Spain and Morocco (Europe and Africa).

It was FIFA's way of holding the World Cup where it prefers, while still paying tribute to the 100th anniversary of the first World Cup

So, what do you think? A good way for FIFA to please everyone?

The last time I checked it was supposed to be hosted by chile as well.

It looks like chile is now not part of it, I wonder what happened.
1013  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: October 06, 2023, 12:24:27 AM
~snip~
yes, and it's even fascinating to consider all the possibilities on that
like a new world that opens up full of new things we have no idea will be created

I'm really amazed on the quality of images created by AI at this point, as an example

Yes, it is almost like a second, or even third wave of amazing technology coming to people and many are left behind.

It is like they say, future is already here, it's just that it is not evenly distributed.

In some countries or areas you feel like living in the future while in others you still feel like stuck in the past.
1014  Economy / Gambling discussion / Re: do you lose on slots? on: October 06, 2023, 12:22:14 AM
~snip~
on statistics there's this concept called regression towards the mean, if you win a lot the tendency is that over time if you keep playing you will lose some too

what can make your win curve ascendent is SKILL
but if you're only playing games of luck than skill doesn't matter at all.

Yeah, but the thing is that the casino will only allow you to play on games where the odds are against the gambler, say 55 to 45 in favour to the casino for example, so it is slightly worse for the gambler.

So, in the long term the gambler will always lose against the casino. It's just math
1015  Economy / Gambling discussion / Re: The madness of gambling addicts. on: October 06, 2023, 12:20:33 AM
~snip~
Exactly, if they already affecting other people and they are messing with them, that's another level of addiction, and we all know that it can really push a person to something that they are not doing in a usual way, something that most the time surprises those people around them, they are unable to figure it out if why that addicted person manage to go that far and do things unexpectedly.

Yes, the problem starts with the gambler but it can quickly escalate to people connected to the gambler, like family and friends, and people that actually depend on that person.

It is a tricky thing, but sometimes people end up in a bad situation
1016  Economy / Gambling discussion / Re: How was your first experience with gambling? on: October 06, 2023, 12:18:35 AM
My first experience with gambling wasn't that bad to be honest. I remember winning a huge amount of money during my initial bets and my friends jokingly called it 'the beginner's luck.' It was unexpected but I managed to win around $2k by placing bets on multiple football games over the weekend including some from the UEFA Champions League.

I was so happy with my win and that marked the beginning of my gambling journey. However, I did experience quite a few losses afterward. Eventually, I decided to step back and not think about it too much and nowadays, I play for fun and don't invest a a lot of f money into it.

Yeah, that is usually how it goes, either you lose a lot in the beginning and always remember that and never continue or you just get lucky and start gambling more and more until you lose everything that you have won before...

It's just how it works for most people
1017  Economy / Gambling discussion / Re: Some of country can offer you legal gambling in 2023! on: October 06, 2023, 12:17:02 AM
I live in a predominantly Islamic country, and why does gambling sound unethical? Well, it's because religious guidelines explicitly prohibit it. In the local culture, gambling isn't openly endorsed by various segments of society, mainly because there are still many young children who should not be involved in gambling.

However, as one matures, there are numerous channels that offer gambling opportunities. Despite being discreet, it has many enthusiasts and is like an open secret known to all adults. Surprisingly, in a country where gambling is prohibited, there are still a significant number of people who engage in it. The governing laws may appear to turn a blind eye, perhaps due to clandestine monetary influences behind the scenes. Who knows?

To be honest, in many countries people still will continue to do things that are illegal, so at the end of the day it is probably better to make it legal and regulate it than just say it is illegal and hope for the best.

Reality is very different to the world of laws
1018  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: October 04, 2023, 07:47:03 AM
~snip~
2026 is still three years away. Do you believe that Messi would still be motivated to take part in the next world cup? He has achieved whatever he wanted to achieve in football. So why should he carry on playing anymore? Lionel Scaloni may want him in the squad, but even if he includes him a lot of questions will be asked. Another factor that may impact his participation is the fact that Messi no longer plays in one of the stronger leagues. At this point he represents Inter Miami, in Major League Soccer (MLS).

Yeah, I think Messi now is busier with media contracts, making ads, and things like that, more than football itself.

I think that is actually the smart thing to do for him as he will be able to make ads for longer than the amount of time he will be able to play soccer.

We still see ads with Pirlo for example.
1019  Economy / Gambling discussion / Re: who Want To Bet On 2024 USA elections? on: October 04, 2023, 07:44:27 AM
~snip~
Well.. I would agree with that. Nowadays I am mostly dependent on Twitter to get day-to-day news. It has a wide mix of sources with left-wing, right-wing and center political bias, unlike the main-stream media and social media channels such as Facebook and YouTube where you will not find anything other than extreme-left. That said, Wikipedia is more unreliable than any of the other left-wing sources. I have noticed multiple times that the admins refuse to remove incorrect information, even if users point it out with reliable references.

The thing with those sites like Facebook, YouTube, etc, is that they are not the same for everyone.

What you see there is dependent on your viewing history, what you are subscribed to, what you have liked, and many more things.

So, I don't think you can put a label in general to those sites, as they will show right wing stuff to some people and left wing stuff to others, and so on
1020  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: October 04, 2023, 07:41:55 AM
~snip~
yes, and it's even fascinating to consider all the possibilities on that
like a new world that opens up full of new things we have no idea will be created

I'm really amazed on the quality of images created by AI at this point, as an example

Yeah, the generation of media from an AI has exploded lately.

We now have music, videos, images, and text generated by an AI that can be as good as what a human can make.

And the cool thing is that it is just getting better every month and year
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