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1121  Economy / Gambling discussion / Re: Ever heard about financing a gambler? on: October 10, 2023, 11:59:05 PM
How will you feel if someone you know or just a friend of a friend walk up to you and ask you to finance them in gambling in exchange for a portion of their winnings? Does this even make any sense?

Because the only place this makes a bit sense is the skills base niche like forex trading or crypto trading, how can gambling/gambler be financed?

Have you heard of such before? What is the end result if you have?

Why would you trust anyone to gamble better than you can when it's all about luck?

Is anyone doing this on here?

Someone explained this to me, and I believe he is already a victim because to me it doesn't make sense, I believe he is been used because he lacks knowledge about gambling, do you think my judgment is wrong?



Your judgement is right. Why bother to invest into something that you fully understand that the chance of earning is at risk, we are talking
about gambling and no one can guarantee a sure winning outcome from time to time.

Even it's a friend or a close relative, there's no assurance that they can win every time or they can have that advantage in dealing with it.

Though, we do have different views about it and maybe there are some who can practice it (just maybe), but still the chance of losing
is far higher than the chance of making decent benefits, better to gamble according to your own and not to invest out for someone.
Couldn’t agree more. There’s more to losses than winning decent profits in gambling, so why dare to take that kind of risk? I guess even if I have a large sum of money in my account, I won’t still fall for this because aside from the fact that gambling never assure us profits, we can’t also expect that these gamblers can be trusted when it comes to money. If ever they win, for sure they will get the biggest share since it’s them who really gamble and not you. So instances like this should never be encouraged actually even if you know that the gambler who want to be financed is a professional gambler.
1122  Economy / Gambling discussion / Re: Not keeping records makes me a bad gambler? on: October 10, 2023, 11:32:15 PM
I don’t think keeping records is a must or does it gain an advantage for us gamblers. Simply because gambling is not skill based that the more you are exposed to losses, the more you become better in gambling. Maybe in trading it’s actually a must but in gambling, knowing it’s a kind of thing that aims to entertain us, for me that’s not really important. It’s okay for me to lose because that’s what gambling is all about, making us lose so that all the profits will go direct into the house. Except for lucky gamblers, but for most of us, we all make losses and keeping records of our wins and losses still does not guarantee us to become skilled and profitable gamblers.
1123  Economy / Gambling discussion / Re: Relying on gamble wins is dangerous to mental health on: October 10, 2023, 10:36:48 PM
It's hard to gamble and never expect winning at some point because the main reason why we gamble is to earn winning profits. However, in order not to compromise your mental and even emotional health, learn not to gamble chasing for profits, but learn to gamble because it's one way to ease our mind and body. Otherwise, if one gambles and focus on profits, then there's only one thing that is certain, you will sacrifice your mental and emotional health that will put your life into a very dangerous situation.
1124  Economy / Gambling discussion / Re: If we lose in gambling, what do we need to do? on: October 09, 2023, 02:59:27 PM
If you consistently lose a lot from gambling without giving you some profits at some point, maybe that could be a sign to leave gambling for good. Gambling is not designed for us to lose a lot, but for us to get entertained and enjoy the games. However, if you only lose that certain day because luck does not favor you, just call it a day and leave the casino. There’s no point in staying and continue gambling if luck is not on your side. Just try to gamble again when the vibes is good and you think you’ll make your day profitable through gambling.
1125  Economy / Gambling discussion / Re: Winning Wisely: Strategies to Protect Your Bankroll on: October 09, 2023, 02:39:35 PM
When luck isn't on your side, consider an immediate pause to prevent further losses

This will really save a lot of money from gambler if they will apply this. I observed that many gambler is indeed losing due to not being patient and chasing the huge win even though they are not lucky with their current bet result.

I was a victim of this too when I have consistent lose streak while I’m doing martingale strategy. I keep chasing and chasing until my bankroll deplete then my last roll using a penny bet makes it a win which will be a huge profit if I still have a bankroll to cover my strategy. My whole bankroll will be safe if Just didn’t push my luck to the limit and just pause for the day.
Well, if all gamblers know when to take a break from gambling when they feel luck is not there, most likely there will be no gamblers end up penniless and homeless just because they keep on chasing for a big win. Because what is happening today is exactly the opposite. Instead of cutting their losses when they see there’s no chances to be lucky, they even push theirselves to gamble more hoping that they will still be profitable in the end. That is rare to happen as the casino’s house will always make sure to make them more profitable while leaving most of the gamblers at loss.
1126  Economy / Gambling discussion / Re: A weird belief among some gamblers. on: October 09, 2023, 01:59:15 PM
It may not be a superstition but a requirement for that person.  If they received a tip or some involvement with the players in a match what events will take place, any inside info as to who is sick or missing from that game then he has no choice.   Its quite sensible to protect your sources if you should have any.  
  I'm not arguing with anyone who could say this to me, they cant explain themselves and I dont want the trouble for them or myself.
Yes, it really happens and with that case, we should be responsible not to disclose that bet since it can also put the source at risk, especially if the one you have shared your bet has this attitude to blame others for their losses. Also, I don’t think we owe other people to share our bets to them, we all have our own analysis on the game, and what might work for us might not be working for them, so I think privacy should still be given emphasis, rather than completely sharing what we believe is a winning bet.
1127  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: October 09, 2023, 01:33:18 PM
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.
We all know that gambling can be a source of fun and entertainment but it never guarantees profits like investment do. That is why if we want to be more practical, we should invest more and gamble less, as we can’t easily leave gambling especially if it already become a hobby. Furthermore, gambling can still bring us profits as long as we only gamble on the amount we can afford to lose, but as much as we want to gamble, investment on the other hand should be more prioritize.
1128  Economy / Gambling / Re: My best SPORTSBETTING advices! ⚽️ on: October 08, 2023, 11:49:21 PM
7. Only gamble if you can afford to gamble! Gambling is not a solution to solve any economic problems, its something that should give you enjoy and be fun.
We're telling everybody about this for the nth time.

Sports bettor should only bet with the amount that they're able to lose it anytime time. Because just as how the gamblers are betting with the money that they normally afford to lose.

There are some of them that are needed to be reminded. And yes, about all of those times that you're putting a bet, do not forget to enjoy each penny of it.
Whether it’s gambling or trading, always put an amount you can afford to lose. If you see the other way around, then stop trading or gambling. That’s the only way not to end up regretting. And let’s be realistic, gambling cannot bring us joy and fun without earning a good amount, but never reach to the point that you will risk all your hard-earned money just to gain huge profits. When you think it’s happening to you, take a break from gambling.
1129  Economy / Trading Discussion / Re: Are memecoins tarnishing the image of crypto? on: October 08, 2023, 11:09:03 PM
If those meme coins are scam coins, then they are clearly tarnishing the image of crypto. But we can’t tell that all meme coins are scams, some are even highly profitable than bitcoin but only for short term, as they are not advisable for long term hodling. However, with all the newbies coming in the market today, and majority of them are entering the market with greed, then it’s not really surprising for us that they will fall for these too good to be true meme coins and end up blaming the crypto market for their loss.
1130  Economy / Gambling discussion / Re: How will you feel if it happens to you just like this? on: October 08, 2023, 10:36:01 PM
Well but the thing about that is that the entertainment they get is very, very expensive.

They would be much better off to pay for any other type of entertainment.

Gambling can get very, very expensive

The gambling is not like the normal game to play and don’t worry about the win or loss.Because gambling need some money to play and surely it’s expensive,the win from the gambling always gives money in the gambling.The same was not the possible in the other games.If you are not afford to lose the money,you can play the normal games.Why you are getting into the gambling and blame the gambling sites after the loss in the game.No one going to blame gamble sites after the win,So why you blame on the loss in the gambli
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.
1131  Economy / Gambling discussion / Re: Crypto betting on: October 08, 2023, 09:58:56 PM
Sure thing! Casinos should be watched closely by the government to make sure everyone gets a fair shot. When they're regulated well, it means the games are played honestly, with no cheating. This helps protect people who like to gamble and keeps the games fair.

Mostly people get scammed in casinos. we know the reputable casinos because we are here on this forum but new people who came into gambling by watching a instagram ad go and make account on a new casino(mostly we see ads of new casinos) because they get attracted to the bonus they advertise.

Well, scammers are very rampant in the internet so if newbies will be easily lured by those tempting offers, expect that all those offers which are too good to be true will certainly turned into scams. That is the reason why we need regulated gambling casinos to lessen the scamming incidents, and to maximize reputable casinos in the market. And by having provable fair system, having rigged games are discouraged so as to give fair games to all.
1132  Economy / Gambling discussion / Re: Gambling with entropy (Chaos) on: October 08, 2023, 09:25:35 PM
I have been developing gambling bots in the past years and what I have learned is that we will never have an always-win bot, doesn't matter the method, you will always lose in the long run.

I wish all bot users cab see this to learn from, because some will emphatically told you that they cannot be fulfilled without going through the use of bot, yet when they give a try on anyone they found out that there's nothing much it has to offer than what they have already been used to, we seems not been satisfied in some cases not until we get some things done in other to get our satisfaction over it be it good or bad consequence on us, for someone like me, i may adopt the use of bot but ot in bettings that i do.
That’s really true. Gambling bots can never guarantee an all time win, they maybe profitable at some point but in the end, what you gain is still limitless losses. And I hope everyone can realize that instead of gambling using these bots, why not just gamble using your own instinct and analysis, for me that will work even better most especially if you are playing luck based games. But maybe for luck based games, gambling bots might also be profitable at certain point but never expect that it will happen all the time.
1133  Bitcoin / Bitcoin Discussion / Re: Invest only in Bitcoin and never invest in shitcoin on: October 08, 2023, 08:59:39 PM
That’s certainly the right thing to do. Focus on bitcoin and fill in your portfolio with maximum amount of bitcoin, I swear you will reap exceptional amount of profits when the bull run comes. Although it’s undeniable that some may be too lucky to make a decent amount from shitcoins, but still majority of them still end up losing all their capital. So if you don’t want to happen it for you, then do not waste your money and time investing in shitcoins, waiting for them patiently when their value will reach all time high, because the reality is that most of them end up losing their value, and it’s only rare to see some of them continuously growing their value.
1134  Economy / Gambling discussion / Re: Is gambling all about luck? on: October 08, 2023, 08:33:26 PM
I think that when it comes to gambling there are various levels of luck involved with playing different games, but perhaps the greatest skill one can have is knowing when to walk away. Limiting losses and walking away when you’re ahead is important because eventually everyone loses. Just a matter of time.
Yes, gambling depends greatly on luck and whoever gets too lucky, he will definitely have the big win. But  this is not the challenge in gambling as everyone can be lucky at any given time, but saying when to walk away from gambling when you think your gambling habit has become more intense, that’s certainly done from a gambler who has the greatest skill in gambling. Otherwise, if you are just focused on your greed and continue gambling without setting limits, for me that could only bring you danger in the future.
1135  Economy / Gambling discussion / Re: Behaviours of gamblers you dislike. on: October 07, 2023, 11:52:55 PM
I dislike when gamblers blame other people for their losses. One should know that there is no guaranteed win from gambling, because it is designed to defeat us and bring all the profits into the gambling’s house. If they let us win sometimes, that is because they want us to play more and bet bigger amount of money, so that once the luck is not ours anymore, then it’s their time to reap all the profits that makes them even richer while leaving their customers the poorest.
1136  Economy / Gambling discussion / Re: Provable fairness should be mandated by law! ONLY gamble in provably fair casino on: October 07, 2023, 09:59:29 PM
I should say most of those government licensed casinos have claimed that they have adopted this provably fair system, but in reality they are not the ones who’s capable to say it, but the gamblers and their loyal customers who have experienced most often in their casinos. And to be honest, it’s only in their paper but only few have practiced it. But in order for some casinos to be trustworthy and be more reputable on the eyes of its customers, I guess adopting provably fair system should be more internalized rather than making self claims.
1137  Economy / Gambling discussion / Re: They know the truth but they don't want to accept it, publicly on: October 07, 2023, 09:36:36 PM
I don't think there needs to be good intentions to have fun by gambling. We gamble, and yes we gamble and don't need to think about many things. And if we want to have fun by gambling, that's what we do using the money we can afford. And I don't need a reason to gamble because I gamble when I want to gamble. And when I don't want to gamble, I don't gamble. It's that easy. There is no need to think too complicatedly when you want to gamble because it will confuse you about what you want to get from gambling.

I remember there was a thread where there was a game playing site that didn't use money but they could get money if they managed to win. So it's good for you to try it. Here is the thread: Socialtournaments-A way to stop gambling addiction
Gambling is not complicated actually, only people do complicate it. But I believe it’s the reality nowadays that they only gamble for money, fun is just the second option. But whether you gamble for fun or for money, I think that won’t matter at all. As long as you can afford to gamble and you know how risky it would be to gamble without being aware how to deal with those risks, then that’s fine. After all, gambling is not by chance, but it’s definitely a choice made by people who have passion to do it.
1138  Economy / Gambling discussion / Re: Cockfighting? on: October 07, 2023, 03:01:09 PM
To those places that have practiced this, mostly they're not an actual casino. They're just like a one-day setup betting local place and then after the event, they're all gone after all.

Yes, not long ago I thought cockfighting gambling had become extinct in my country, but recently I saw the news where the police had arrested many gamblers there and turned chickens and money into evidence, it turns out that all this time they had been playing in the middle of the interior forest so it was difficult for the police to detect gambling. like this, but in fact it can still be traced and the gamblers involved are arrested.

I think maybe this is the reason why the OP thinks this could be added to online casinos, because it will make it easier for gamblers to gamble without having to go to a local gambling place which is sometimes in the middle of a hidden forest except in countries where it is legal maybe cockfighting gambling can be done locally common in society is not a problem, but as online gambling develops, local gamblers might expect there to be gambling like this online, but unfortunately it is not of much interest to many gamblers around the world.
Well, cockfighting has been part of online gambling in our country way back then but when gambling addiction has surge too high because a lot have shown deep interest on cockfighting, eventually our country decided to ban it for good. Scandals that have arise during that time have now come to its end, that's the reason why cockfighting these days has been controlled but still a lot of cockfighters still pursue their gambling session even in the middle of the forest or in some abandoned areas.
1139  Economy / Gambling discussion / Re: Casino is a Games of Chance and Entertainment on: October 07, 2023, 02:31:08 PM
Gamblers initially see these casino games as for fun and entertainment purposes, until they realize that it could be a good source of earning income if you have the luck and skills to win those games. That's the reality in gambling, that's why no matter how we try to explain to every gambler that casino games are designed to entertain us, the thought of it is still beaten by the human greed to gamble and expect better profits ahead.
1140  Economy / Gambling discussion / Re: Has your Responsible Gambling had any of these Effects on You? on: October 07, 2023, 12:52:23 PM
This is not a case of being addicted to gambling. There are people who are actually in control of their gambling habits or addiction. For instance, they do not gamble beyond their budget; they commit an hour or two to gambling per week or twice per week and strictly adhere to it, among all other things. We have heard and read stories here and out there about how gambling ruins lives, careers, relationships, throws people into debt and more. But my question is, could this be happening to everybody? Has your responsible gambling habit had any positive effects on your relationships with your spouse, kids, parents, and others? Has it improved your finances and helped you stay out of debt? Has it improved your mental health and well being in anyway? Has it been able to help you meet an urgent need? Let's discuss.

Firstly, I'd like to tell anyone reading this, all gambling has is negative impact on your life. And no one could be in 100% in control of their emotions 100% of times. So, you are going to ruin it one day.
Beside ruining my savings, I can tell that my gambling disaster has helped me be more cautious about dividing my budget, use of my savings and diversifying my investment. I admit that I personally am not fully able to control my gambling habits so some portion of my earnings/savings now are directed towards crypto investment, FDs, Stocks and SIPs. If it were not for my gambling habits, I could have just saved them on my saving accounts. And with my plan of disaster control, I have more investment than my normal savings.
I'd definitely agree on this. You know, gambling is gambling, and once we developed some passion into it, our emotions will not be fully 100% in controlled anymore especially if we are given chances to win most often. That's why it's a good thing that you initiated some prevention first before you fall into gambling addiction, and by putting your money into some crypto investments, your profits might probably be higher than those you can gain from gambling in the future.

Well, that's also my future plan but this time, since my funds are not yet stable than it should be, then I just have to try gambling with an amount I can afford to lose, and just continue to gamble responsibly until I've come to earn sufficient funds to invest in the future.
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