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1041  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: June 30, 2017, 10:51:40 AM
Week 46 and slightly down.





NOTE:
1) SafeDice is having issues at the moment so be careful there.
2) I have pulled out of all bankrolls this week so I can participate in the Stellar Lumens airdrop coming up. I will put the Bitcoins straight back into the bankrolls after the airdrop is finished with the exception of Crypto-Games. As there is another airdrop coming up with Byteball early July, Crypto-games early divest means that I will be better off keeping my Bitcoins in my wallet for the airdrop than investing it short term in their bankroll.



Slightly down, but still pretty cool profits you got there. You had more than 50% profits since you started and it has not even been over a year since that time. You're around 9 months in and that means you at a rate of 67% per anum. Which translate to something the bets most investments! Heck, most investment gurus will tell us that you need to profit by 12% per year and your doing x5 what they recommend.
1042  Economy / Gambling / Re: ▰ ◢/╲/\_ ParaDice.io - 1st Bitcoin Casino with Android App _/\╱\◣ ▰ on: June 30, 2017, 10:40:21 AM
I left the site for a couple of weeks. At my return today, my balance is zero.

I think I had about 30000 satoshi. My last let is a winning bet. So how can it be zero balance?

My username is "coinictus"

Thanks for fixing my balance



I don't think this dice site will ever be back. They have not responded in any of the messages here. Also, the site is always empty anyway. Another thing is that it's one of the slowest and buggiest gambling sites I've been to. I would just recommend going elsewhere to play than here. Unless they improve their site, I don't think anyone will be coming back.

Would have to say that upon checking their account, they have not replied here for a very long time. Not good for a gambling site as they don't have a good community support for this. I guess this is turning out to be a bad project as I think there were a few scam accusation against this site which were not resolve. Though let's not jump the gun and lets all wait for a bit.
1043  Economy / Gambling discussion / Re: do you use analysis when play gambling? on: June 30, 2017, 10:26:24 AM
Just want know how much the gamblers who use analysis when play gambling and what kinds of gambling game? And do you think it is needed or not making analysis on gambling game or it is depend on lucky. Thanks for share your opinions and experience.

Its depends on what  gambling games  do  you  play. Sportsbetting and   card games  would   really require analysis  because   this  is  useful  on  making   bettings  or  moves.  Unlike  on  dice  that  it doesnt need   any skills  or   analysis because you  can just  simply put the  odds  then youre good to go.

It's not juat on sports betting or in card games requires analyzation because people thos who are analyze are the one who are always win because they know how to handle things and how to manage their money. In every game there is somehow required analyzation becauae if you didn't use it you will end up loser.

I think he is right telling, it depend on game nature, it doesn't mean that we deny to use the analysis in games. But mostly games like dice it is not necessary to use analysis in it, but in sports betting it is necessary to use analysis, without thinking and analysis we couldn't play sports betting. But also accept in gambling not every game need analysis.

Well yeah. You can't analyze how the dice will roll. Even if you did, there is still no chance you can  change the outcome of the game no matter how much analysis you do with it. I also think if there was some kind of loop hole in gambling, then I think casinos have long been gone by now. Analysis will only work in games like poker or sports betting or other ones that can be influenced.
1044  Economy / Gambling discussion / Re: What do you think about Casino with 0% Edge? on: June 30, 2017, 10:17:09 AM
0% edge casino? Hmm that will die on it's early stage of operation. And I know that casino's will not do this, maybe they can do this but they are going to do something or charge every service they do on higher amount. But gamblers are wise now and they won't rely on this type of casino if there's no way to support it's operation.
yes that is right that they cannot survive for a long time. because casino runs on house edge. they can maintain their position if they are receiving their house edge, i think in one condition they can continue to run a casino and that is that if they have some other source of income and they are financing the casino from there. but i think no one will like to run a casino for free if he do not have any income from that. and they will surely close it.

It's for real, think about on how they can keep on operating if they are going to offer free service or 0% house edge. That's in the favor of the gamblers but their players aren't going to agree with this type of casino operation. Because a gambler will secure that a casino can support and has a proof of earning for their gamblers.

Just to clear this up. 0% house edge does not mean the casino will not survive and will not profit. The only thing here is that the playing field is leveled both for the players and the casino. But that doesn't mean the gamblers will win more than the casino. If you think about it, the players still don't have unlimited bankroll and there is still bet limits. So a martin gale system will still fail in the long run. Even at 0% house edge, gamblers can still experience a 20 times losing streak and when that happens that's when 0% house edge casinos profit.
1045  Economy / Gambling discussion / Re: Would you login to a gambling site with Twitter, Google or Facebook Id? on: June 30, 2017, 10:06:36 AM
This is a good topic question.

For me, I would not do it. That would mean that my profile will be ultimately linked to my gambling account which I want to be completely anonymous. I want to separate my online life with my real one, not because I want to do anything scammy, but more on I don't want people prying with the shit I do online. I have a different persona online than my real one.
1046  Economy / Gambling discussion / Re: How to know if a gambling site is a scam or not? on: June 30, 2017, 10:01:45 AM
How do you know if the gambling site is a scam or not? how you trust a gambling site for you credit card and know its not a scam?

its hard to predict or guessing,scammer have their own time to decide when they going to scam,and its why we can't identify which gambling site would be scam,for me,i just play short time,not keep my assets on gambling site for long timeand of course i try to patience if my witdrawal suddenly never come to my wallet Cheesy

I think research is the only way to find out about scam gambling websites . You can read reviews about the website and test them with little amounts of bets employing short time plays and I think you'll be able to make an informed decision with time.
yes research is  a good way but i think if you have good experience in gambling, and specially in online gambling then it is very possible for your know about the site that either it is scam or not.

A quick googling of the gambling site's name would yield all the results, good and bad. So that's the first step and then search them here on the forums if you are looking at a bitcoin gambling site. I believe their are sites online that review gambling sites whether they are a scam or not and puts honest reviews about them. But the best thing to do for every new gambling site is to do test deposits.
1047  Economy / Gambling discussion / Re: It is not worth it, right? on: June 30, 2017, 09:44:21 AM
If you can still learn from gambling and you could win too. The problem is that, it's too risky. Lose too much trauma You can when the big money involved. It really depends on the person. Thus it is probably not feasible for you, we suggest that you should be able to decide on one that can make you los

Make you what? Huh It just ended, just like that.

Well, the only winner in gambling is the casinos. They win in the long run, not because they are lucky but because that is how the casinos are wired. It is a business and that is why gamblers should wake up from their delusions that they can clean out the casinos.

It's very possible to win short-term, it's just highly unlikely to win long term.
If you want profit, get out while you're ahead Cheesy

Well some people win in the long run, but that is close to impossible and for sure those people just are quite lucky. Even in the short run of things, there is still great chance to lose. So that means regardless of how long you are gambling it still requires the same amount of risk no matter what and people will have lower chances of winning than losing.
1048  Economy / Gambling discussion / Re: Trading vs Gambling on: June 30, 2017, 09:36:49 AM
If we do both our concentrations will be splitted, would be better to choose one of them. No doubt we know if gambling is great ways for making money fast and trading is good too, just for this it takes knowledge and patience to make a profit.

That's stupid. Why the hell your concentration will be splitted? Oh, I need to do 2 things, that's sooo haaaard, better to do nothing.

I agree, you can do both and there would be nothing wrong with it. You can always play and invest at the same time. Just make time for each one and don't really do it "at the same time" like at 1pm you gamble and invest at the same time. That would really cause a lot of problems if you do so. Schedule a time for both and you'll be fine.

That's right if you are gambling or trading then you need to give your active participation in both of them as you cannot simply put your money in it and forget it and in trading you cannot afford to miss any single fluctuation and if you do then you will miss an opportunity of making profits.

If one is going for quick profits from trading, then they need to worry about every minute and second, and it is almost same as gambling. Because in this kind trading no one can predict the prices very accurately and mostly depends on luck. But you buy some good coins and wait for prices to go up then no need to look at the prices every second.

Quick profits is not that hard in trading but in gambling it is  always hard. There is greater risk to lose more money in gambling than if you are trading. Though in trading it requires a high level of skill to do which is not required in gambling. In gambling you just need to roll the dice, and you're either poor or rich. That is so different from trading.
1049  Economy / Gambling discussion / Re: What did you buy for money won? on: June 30, 2017, 07:11:13 AM
Yesterday i bought a lot of Burst coin using the Bitcoin that i won in one gambling site. I had a good run using a dice strategy i found here in this forum. I withdrawed my winning and never bet again because i know if i will continue playing i will lose those Bitcoin. Better to buy something than to lose it and let your hardship goes to nothing.

That's a good thing you did. Withdrawing the money you won and not betting it again. This is part of self discipline. Gamblers should know when to withdraw and walk away from the table. Some gamblers just keep on gambling thinking they are invincible and they can clean out the casinos with their "winning strategy" but in the end it was the other way around and the casinos cleaned out their accounts.
1050  Economy / Gambling discussion / Re: Gambling addiction. on: June 30, 2017, 07:02:44 AM
The simplest reason for addiction is free money and when we fail to get profit, we try again because chance of getting profit is always there with every bet. Humans by nature are greedy. This keep bringing them back to gambling. Some people do have self control but mostly don't.

Free money? Where? I never had free money aside from the faucets. Chance is indeed there, but it is super slim and you won't even believe how slim it is. Less than 1% and close to zero to be exact.

I agree about human greed, that is what fuels the world today. If greed was non-existent I think the world would have been a better place.
1051  Economy / Gambling discussion / Re: Does the location affect when we gamble? on: June 30, 2017, 03:34:04 AM
I play only online gambing and here the position doesn't play any role. I liked gambling that time when I just joined to bitcoin community, so, actually I gamble only with bitcoins. Two years ago, when I just started, there were not so many bitcoin gamblers as today and that wasn't so popular like now. I remember when it was only 80 or us on Betcoin.ag and now it's hundreds of people and even thousands.
Yes that time the bitcoin price was less so people not interested in bitcoin gambling. But now the price is high, so the people are interested in bitcoin gambling. To play gambling, I think the location will not effect we can play it anywhere fro the world. Especially the online gambling for this there is no restriction if you don't have a system you can play it from your mobile. The only internet is enough to play this gambling. And the result will not depend on location it depends on our luck.

Location matters a lot to me because I have in times past felt shy at gambling in public places/gambling houses and so when online fiat gambling websites and bitcoins gambling websites started springing up I became more interested and kept playing online and at home without mingling with people.
I think I cannot feel it because I only gamble online, it is the most convenient way of gambling and when I feel unlucky
I just shift to another site to gamble and sometimes it will work but most of the time it's not.

I don't think shifting to another site will improve your chances of winning, that's just a superstition. Though many people believe in this, not sure why they do so. Yeah, I also like gambling online than go to the real casinos, because it's a waste of time to go there. It's super convenient to just open up a browser, go to your favorite online casino, deposit and play.
1052  Economy / Gambling discussion / Re: Tell me how this strategy losses? on: June 30, 2017, 03:30:34 AM
You walk into a casino, and you play roulette.

You bet
$10 on black,
lose
$30 on black
lose
$90 on black
lose
eventually
black comes out and you win.

I think the only thing stopping you would be the table limits?



That's basically martin gale! If you don't know yet that strategy will never win in the long run.

It can win but you have to have these assumptions to be true:

1. you have unlimited bankroll
2. There is no table limit

Those two are never present, ever! So basically it loses when you,

1. ran out of bankroll because the bet is so big already
2. you reached the table limits
1053  Economy / Gambling discussion / Re: Do You Go to Land Based Casinos? on: June 30, 2017, 03:18:52 AM
I don't go to land based casinos any more.
I find somehow much better to play online, in my opinion house edge is much lower in gambling sites. House edge in real casino can go up to 20% and games are not provably fair.

When you don't want to get hassle, you will be better to play online with casino's and use crypto currency or bitcoin in specific. That's the disadvantage of real casino's but the service is quite good and different for playing online. But if you are a saver while gambling and you don't want to lose a lot, go with online.

That is the revolution of gambling. Online gambling will revolutionize gambling forever, people hasn't just realized it yet but it will catch on and the gambling world will have to share a big chunk of the pie as more and more online gambling sites open and gain popularity. Time is changing and we all have to keep up with the times. So does gambling.
1054  Economy / Gambling discussion / Re: Does experience matter in gambling? on: June 30, 2017, 03:13:13 AM
as I know experience is important in some gambling games such as poker, but how about the other games like dice game or roulette, do you gain any advantage from your experience, can you used your experience to win the game? or maybe because of your experience you know whether to bet low or high in dice game

So Does Experience matter to you?
The experience in gambling is very important, after I play casino I observe there are certain times so we have many chances of winning and very little to lose, and if we already feel that it is the right time I usually very confident to bet in the big amount.

Experience we always need in any case, if we do something that we have not experienced there, then that's when we have to make experience. And if we already have experience but we do not use as a guide before stepping, then we just do something nonsense. In the same gambling, we can read the situation first so we can use the money we have for the maximum bet.

Though experience doesn't improve your chances of winning or change the odds of the game especially if you're playing games like dice or other games that are only luck based. This isn't like an RPG game where you can just put more point in your luck attribute and you'll get luckier each time. So I think luck really has little to do with gambling and we shouldn't really think about it too much.
1055  Economy / Gambling / Re: ChipMixer.com betting is now provably fair on: June 29, 2017, 09:54:31 PM
Wow, I never knew that a mixing site could make a gambling site! Thats really nice OP, it's a good way to keep it cool here in the gambling sections. It is nice since I have not seen anything like this int past. I guess people will surely try out this function whenever they are mixing their coins. It's good also that you implemented provably fair games. Good luck OP
1056  Economy / Gambling discussion / Re: What games are best suitable for PvP gambling? on: June 29, 2017, 09:47:21 PM
From what I've seen, it was rock, paper, and scissors are the more popular gambling games suited for PVP. Though what I propose is something different. Dice battle! It is when player 1 rolls and player 2 rolls, the result should either higher or lower than each other and that's where they bet upon it. It's really hard to think of any more pvp games, since it doesn't really mxh well.
1057  Economy / Gambling discussion / Re: Getting started with sports betting! on: June 29, 2017, 09:41:21 PM

I insist on Sportsbet.io as they have the most extensive betting lines compared to all other sportsbook (excluding Cloudbet ,too many problems with them so I don't recommend). Even directbet did not had that many betting lines compared to Sportsbet.io. Its the only one sportsbook I am using at the moment for my daily betting and occasionally Nitrogen.

For live play maybe they are not the best though.

Sportsbet is very, very decent but you still have to scout around to find a bookie that's suited to the type of betting you like. The more familiar I am with a team, the more I tend to favour sites with good in-play betting with specials. 2 seasons ago, I made very good profits from in-play betting on Sturridge scoring, and last season on Liverpool scoring first, for example.

Bitcoin sportsbooks are a bit poor in that, at the moment (unless someone knows of a place I don't?).



Also, check the lines in your bookie and compare it with others. Sometimes (well most of the time) the line will not be favorable to you as the bookie has a bad way of grading their events so in the end they have bad lines. I would go with those that has the best lines so I can maximize profit on every winning bet.
1058  Economy / Gambling discussion / Re: BTC getting too expensive to gamble with on: June 29, 2017, 09:23:36 PM
That's exactly why there are a lot of decimal places concerning when you're using bitcoins when you are gambling online. That's just basically it; it's all the same with just different currencies. There are a lot of ways you could safely use different things. Don't worry about the things that you've done you should know what you should do when you are making that choice to do it, better be ready for consequences.
op just too early to make judgement , he might did not think clearly that time.

there is nothing called too expensive to gamble with when bitcoin itself indeed have a lot of the smallest unit and everybody could always accustome it to the amount in dollar or whatever currency you want to convert , it wasn't a valid reason to move to other currency , bitcoin still best as gambling currency.

For me as long as you enjoy playing with crypto's I think you are all good. Whatever unit you can used to play then it will just fine. It you think that bitcoin is too expensive then look for altcoins, otherwise just stay with bitcoin. And by the way, if you are thinking its expensive because of the transaction fee, I think the fee is going down because the spam attack has already stopped and confirmation time should be quick by now.
no you need to adjust bitcoin amount to dollar or whatever rates you used in real world.

unless if you living with bitcoin itself. as some people used gamble for daily needs , not like an investment where you can always use the same amount of bitcoin no matter how much the bitcoin price in the dollar, as you are only want to grow your bitcoin right ? not just to gamble.

It is not easy to grow our bitcoins in gambling. I think many people invest bitcoin in playing gambling to get fun not to increase our bankroll. Suppose if we increase our bitcoins in gambling it is our lucky day that's it.
 
And the bitcoin price will effect to our betting, yup all gambler will convert their loss with USD, not with bitcoins. So if you have a problem with bitcoin price then place your bet based on USD then there is no issue with bitcoin price am I right.

Growing bitcoins in gambling is not just "not easy" it is quite next to impossible! The chances a gambler will make money in casinos in the long run is so slim that it is slimmer than my Aunt Thelma and she is already dust due to death + cremation. Any gambler has a chance of profiting in the long run, but that would be just below 1% chance to get it.
1059  Economy / Gambling discussion / Re: Gambling and Superstition on: June 29, 2017, 09:18:40 PM
I'm not really superstitious at all. I've seen some people who are and know some friends who are a little superstitious. But the truth is most of those things don't matter and don't affect how you play at the casino or your 'luck'. If it were so simple as choosing a good 'lucky' seat to win at the casino, a lot of people would be rich from gambling Cheesy
Did your friends somehow become lucky when they have done their rituals or something like that? They probably think that it's because of that. Well, it doesn't hurt to believe in that because that's it maybe it's your will of the belief that makes it possible to win. I hope we always win Wink

sometimes if a gambler doing the rituals, its could injected his confident to playing gambling better than before but i think its all about our mind and if our mind is not thinking too much, then i think we can win some of money. maybe if that person doing some rituals, its really help that person to win the games because he have his power to make a good winning.

Rituals are just mind conditioning and nothing more. It doesn't really affect any aspect of gambling. It is just a waste of time actually so I skip whatever ritual people tell me about. It just makes the mind of the gambler think that he will win and that gives him confidence. So if he does win he concludes that his superstition works, but if not then he just stops it.
1060  Economy / Gambling discussion / Re: Making easy gambling site on: June 29, 2017, 08:15:52 PM
if you want create gambling site you must have big money
buy lisence, server, and than safe bankroll must enough

without skill programing very dificult have gambling site, because is easy youre gambling site can hack

Even pandacoin team doesn't have programmer because they can just simply hire a developer for them and do the rest for their convenience. It's a very easy thing they only need budget for it.

See if you are a programmer and hire some people and create website then you will not face any more difficulties, but if you don't have any programming knowledge and you invest and hire people for this and create website from them it is possible, but after some time if they want to walk out from your project, it will be very difficult for you to handle that situation. The money will make people change at any time.  

Yes that's the good thing for having a programming skills but he needs to know on what type of level he is. Beginner, average and so on but I guess he still needs some expert for the success of his operation. To those developers that has a very good experience.

Now in this time, most of the successful gambling sites are here, then gambling maker could judge which things gamblers required to play and show interest in which games. But i think in this time, every gambling sites have competition, that the reason if anyone decide to make own gambling site then should do something unique and different.     

Being unique and different is totally the way to go about creating a new gambling site. Though you can always try to do the same thing but doing it extra ordinarily better than your competitors. Look at yolodice. They're just new, but they are one of the most played and trusted dice site on the forum. Don't reinvent the wheel, just improve it.
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