I noticed that when I start to play games like keno, limbo, dice, etc. First some bets don't hit and after wagering some percentage of my balance it starts to hit,
How it works? like when we wager we have more probability to hit win, anyone noticed this? Do you know how it works and what is the calculation behind it?, do server sends outcomes by checking our wager?
More of coincidence, I think. Try doing it with consistency and as you've said, you made a change with your betting scheme which make you observe slight changes with the results as well. And I think there's no basis of this. Everything's based on our fate and luck when itcomes to the outcome of our bet. Wager has nothing to do or has no direct relationship with the betting outcome. I'vve been gambling for years but I saw no such thing. Also, if there is then I 'd rather be worried 'coz it simply means patterns are too visible and there are variables affecting the result. So I hope things are fine. |
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The above states have different tax laws, meaning you will pay a different tax if you bet in Kansas than if you bet in Michigan. If you decide to wager in any of the above states, make sure you know how much taxes you will pay.
A gambler should be aware of the laws regarding gambling in their country so they do not get in trouble. Wanting to gamble ignorantly without any idea of the status of gambling laws in your country is not a smart move because ignorance of the law is not an excuse in court of law. Start gambling the proper way, there are things a new gambler should know and check for/find out in the right order. a) Find out if gambling is legal in your country. b) check the license of the casino or gambling site you want to gamble. c) check their terms and conditions. Though it is not a smart move and a person shouldn't gamble if their country or state doesn't allow it, a lot of people living in countries that have strict rules against gambling still gamble in the dark, and ironically, there are still ways available for them to gamble without the state knowing about it. These platforms that allow citizens to gamble without a proper license since gambling is banned within the country are always in the verge of getting caught and punished but they never stop only because it makes them a lot of money. We all know how profitable a gambling platform can be for the owners, and if that net profit that they get gets tax-free as well, that is like icing on the cake for them. So, since the authorities don't know about them, they don't pay any taxes and all the money they get from gamblers do in their pockets. As long as there's a way and there's a will, then they would gamble. Also in some countries, restrictions are not clear which makes it "neutral" in a away that it is not supported by authorities but are not really that focused with limiting accessibility in gambling sites such as in my country. Many gambling sites are not recognized by the government but many people are still playing simply 'coz they want to and there's no law stopping them. The only risk is engaging to a fraudalent platform wherein it would be hard reporting the case to authorities 'coz in the first place it is not regulated by them. It is a matter of your choice, your money, then that your responsibility. |
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Would like to know your takes on betting as a group to raise chances in local
Lotteries
I know that mathematically the chances are still really low even if you multiply it 100x but in Brazil at least we’ve seen some local lottery prizes given for small groups of 20 or 30 people betting betting with 5000x tickets let’s say
If dreaming alone is cool dreaming in groups can be even better
Dreaming in groups, is good not until someone becomes greedy of the prize. We cannot tell basically, that's just how powerful money is. Yes probability will obviously be higher than individual betting but I'd still prefer betting alone 'coz in such way it'll be easier to accept loss and enjoy winning more. It's not that different from people pooling funds to invest in some shitcoin I guess? I don't like the idea to be honest since you never really know what other people may do if given the opportunity to take huge money for themselves. It's probably a fun thing to do but it's not my thing. I would rather buy lottery tickets myself with my own money.
That's what I can see would happen. Not your lottery ticket, not your win. There are instances where there are multiple winning in the lottery and they are surprised that they are actually going to split the money and not get about 100M each. They got no problem with it since the state lottery is the one splitting the money for them but if it's the group, there is going to be a lot of talks before it will happen. Or they may never end up splitting because the one who holds the ticket just runs with it. Splitting is basically a verbal agreement and as long as no paper supports the condition, everything would fall under the hands of that individual in your group, who happened to win the lottery. Would he be wrong if he won't share it? Morally, yes. But you won't be able to sue him for such thing if there's no agreement acknowledged on paper and signed by both parties. Such thing isn't nee to be honest. Many people could break their friendship or alliance just because of money. |
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By "tricks", do you mean something related to ways to achieve it fast? Obviously, bet higher.
As a "trick" I mean a smart way for wagering. Betting High doesnt sound really a trick according my definitivo, unless clarified. Technically speaking, be it a considered safe bet or not, it really depends on; - how lucky we are - the bet amount - bankroll size Smart way? Maybe I should say don't make random high-stake bets, especially in luck-based games e.g. dice, slots, roulettes, etc. While staking high is the only way to reach wagered requirements much quicker, not properly managing the bankroll here will result in a sudden bust. Referring to sports betting, don't jump to other leagues without any knowledge and just be on our usual and typical sports bettor. Betting high doesn't mean in an instant and technically that's the faster way to hit the wager. On the other hand, smart wagering I guess, is the way a gambler would hit wagering requirements withiut losing that much which is more likely slowly but sure bets or just minimize losses. Perhaps you bet huge and happened to lose it but on the other hand you hit the wager. Would you be happy? Mist of the time bonuses and rewards from doing so are not even half of what you have engaged in games which is why I am not a fan of following such things whenever I am playing. If there's other way for that "trick" for sure gambling sites won't allow it for wagering, to be taken advantage by players. |
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There's this scene I witnessed today at a local sport betting house and I found it very funny and unbelievably true at same time. A certain young man after making his predictions placed his bet and his betting slip was printed to him then another gambler in the house approached him and asked to make a rebet of his games for himself but I was shocked when the young man refused with the excuse that he doesn't share his predictions that sharing it will make him lose his bet. More like having his luck to win reduce or changed maybe because the person he shared his games with could be someone with a bad luck on that day.
Although I have heard of behaviors like this with some gamblers but I never believe it not until I witnessed it myself today and it was weird to me imagining how you will get to lose your bet by allowing someone else rebet it. In all my years of gambling I believe that a game prediction that will play as predicted will definitely play not regarding the number of people that bet on same prediction.
So why this belief or do you think it could be true? Or is it one of those superstitious belief among gamblers?
Do you feel cool sharing your predictions with other people and how has the outcome been looking at all the times you have shared your predictions with others?
That's just how frustrating luck is. Gamblers are having belief that a 'particular thing' might cause or yield to unfortune. But technically it has no direct relationship with the outcome. We all have our own fallacies on almost everything. But on the same instance of sharing your prediction, some people are not open into such thing simply because they know how hard it is to come up with a win and those who would be getting a share of the prediction, especially if it turn out to be right, is somehow getting a shortcut which could hurt the pride of a gambler even if they turn out to be both winners. This is jist how I understand things with regard to prediction sharing. On my end, I don't mind doing so but that's just me being me. Contrast is valid. |
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If I understand the concept right about Signature Campaigns and they make money of it because people here on this forum make publicity by placing a casino or service in their signature. Then I would say the convertion rate at a traditional website is higher. Not?
The signature campaign is both for lead generation and in my own words branding through visibility, here in Bitcoin signature campaign projects are branding themselves through visibility and reputation, people have a recall on products and services when they keep seeing them, so when they think of soft drink they easily recall Coke and when they think of shoes they think of Adidas and Nike because they have recall because of their visibility. The success of the signature campaign here depends so much on the bounty manager because he is the one selecting participants who can generate good conversations on topics that will interest visitors from search engines and on this forum. Yes, just a type of advertisement, as sinple as it sound. But with regards to convertion rate, I doubt typical websites would be higher. Indeed there'll be larger audience but this is where familiarity would take place. More people would be able to see a project which is being advertised in a typical website in comparison to this forum BUT ideal targets are in this forum which would have higher tendency to hook up investors. Quite of a matter of quality over quantity 'coz what could be the impression to non-crypto investors if they happen to come across a non-familiar investment or project? Scam. There is a higher tendency for a conversion rate for people who knows what is that 'something' in front of them. And same thing I guess with gambling ads in this forum. If it is gambling then yes an advertisement on a typical site would be catchy. But question is, would they engage given that mode of payment is different from what they are used to? (assuming this instance on a typical website ads for crypto gambling project). |
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It is simple. A digital currency which has a volatile market value and decentralized. These are the characteristics of Bitcoin but why does it seem to be hard to be understood by others? simply because pf the impression they are havong. They'd more likely focus with two things; profit and risk. Those things create confusion whether to engage or not. bitcoin is a completely virtual currency it does not need any other bank or institution to store it, it can store its own value. Bitcoin behaves like gold It increases its value like heaven and can be exchanged at will by storing it it is possible to make a lot of money by selling it if the price increases in the future. The best way to invest in bitcoin is to invest for the long term stick to it never invest more than you can afford to lose. You don't necessarily have to buy the whole coin, you can buy fractions and monitor it you can always add at any time. But will have to wait patiently it is not possible to earn profit if you don't hold it for long term.
Agree with the amount to invest. Many people are not considering Bitcoin investment because they think that buying 1 whole Bitcoin as a start up, is expensive already without realizing that any amount would really do. Ofcourse it already has an expensive market value that's why we have an option to just invest a portion of it and earn profit by holding. This also has something to do with impression such that the bigger you invest, the bigger the profit is which is true in the first place. But they are simply losing the chance to earn profit by choosing not to. Slamm profit is still a profit. |
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The whales stirred. What should we expect?
Judging by the information coming in, a lot of ancient "crypto whale" wallets that have not created any movement with Bitcoin, for many years, have recently "come to life". Recently, assets have started to be transferred from these wallets to the exchanges. The withdrawal to the exchanges, kind of hints that these amounts are being withdrawn to sell Bitcoin. Question to the esteemed public ! What is this ?
- the end of the short era of cryptocurrencies ? Owners are actively moving into fiat
- the end of the Bitcoin era ? Are they selling it to change cryptoasset for storage ? And what is this crypto asset?
- regulators have "gotten their way", cryptocurrency is losing support and interest ?
- your version ?
We just cannot tell and they're the ones who would more likely determine their actions. Confusion would come from the idea that if these holders are still physically active and are still aware of any price movement then they should have sold with previous ATHs, but what happened is that movements occured during and after the market dip. Unless they are having higher hopes than us with regards to potential market price of Bitcoin in the future, then they are just holding and waiting for more things to happen in particular with the market price of Bitcoin. Bitcoin is still you right? And there's more to happen as well as improvements. Whales transferring their funds won't be really a big deal unless its effects are already visible among us. |
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I am 18 yo
schooling in private college
I flip stuff for cash part time regularly to make some extra cash
I have 1 Bitcoin @ 29k & I keep about $3000 in cash in my bank as emergency fund
I have 3 months study break so I am most probably gonna take on a job to fund the bitcoin , trying to fund as much as I can before the halving in 2024
I have been researching on bitcoin for a few months now and by researching I meant like the purpose of bitcoin and I see how it is so much better than fiat(cash) . The only thing that can stop bitcoin is probably the government. After understanding the purpose of bitcoin it gave me more confidence on buying it and not seeing it as a 'investment' but more of a freedom digital currency.
I am gonna start deciding to sell it at end of 2024 , but I guess i could wait till end of 2025.
Hopefully bitcoin can save me from this crazy inflation and break me out of this financial crisis.
If you guys have any tips , do let me know ... I would be very grateful for it.
Starting it young to engage with any investment is a good thing already. And with your case I'm glad that you know things already such as not putting all of your money into this technology simply because you want to earn profit. Indeed this blockchain is a profitable asset and a useful digital currency as we all know but problem arises from an investor's mindset. Some are having too high hopes and that is why they are going all out on their first investment, which worries them 'coz it is all or nothing scenario. On the same instance they do tend to panic most of the time which affects their decisions on their investment. But Bitcoin won't be enough to break financial crisis and inflation related issues 'coz that is related to a country's economy and you're just you. |
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Depends on how you use it. Plus it also depends on how a nation grew as well, any nation in the world, even the smallest of nations, could make a great economic investment and put itself to the right place and with some growing pains could become one of the best nations. Just look at South Korea, sure they got a lot of help, but they didn't squander that help and became a terrible nation, they used that help and now one of the highest growing economies in the world for the past decades. It all depends on wanting it, and that's the key reason most nations fails. It doesn't depend on your population or not, it depends on how much you are willing or not to improve.
Population should be an advantage if there would be a good leader which would utilize the manpower for the betterment of a country. But in most instances no organization of people is being made to make the advantage efficient. Ending is poverty as we all know. Unlike with big countries and regions, perhaps China who has a large population, they somehow managed to make use of the number in order for their country to be one of the biggest ones in the world. And unfortunately, many countries having large population did not manage to do the same thing as well. Before I was thinking it is all about the leader but nowadays individuals are weighing down ecobomic progress because of that number. |
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Do you think it is that easy to invest in this technology? First identify the risk; not being accepted widely across countries and service providers. Another is high market price volatility. If it is that too easy to invest in this technology then many people should be rich by now. There are many factors to consider and that includes invesyor's circumstances. What yields to loss is simply the capacity of an investor to continue holding no matter what happen to Bitcoin's market value. But since not all investors has the financial capacity to endure every market price downfall, things aren't the same for all people who invested. Potential is given to be there but your journey as an investor won't be as simple as that.
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Would happeb more likely once the it completely win the lawsuit against sec. Even with what happened recently on its price wherein it instaly spiked just because of the news regarding the lawsuit. And that simply shows how huge the demand could be so what more once things are finally settled.
Following Ripple's legal victory against the U.S. SEC, XRP's price nearly doubled. XRP has the potential to challenge the crucial $1 level in the upcoming days.
🔥However, the current outlook suggests limited strength in sustaining its rally further.
🔥If XRP successfully breach the $1 barrier, a potential target for September could hover around $1.35
this year might happen but as you know xrp is big cap coin, to move even small percentage need lot of cash to burn, and yet sec case still not over and looks like any related to case would push xrp 1-2$ atleast to ath last cycle, which is not far enough and need some momentum to override It is all about the demand. Large cap coins indeed are havibg trouble to have quite of a huge price increase but things would be different if most of the investors would participate. Many investors were eyeing for it when the market price of XRP spiked which generated huge volume right after the release of the news. So yes, if it is potential in its boradest definition , Ripple will be always on that list of tokens who are capable of doing such thing. |
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Circumstances and all but no one and nothing would limit you to be rich, if you would push for it. We all have our own struggles on a daily basis. Not to mention successful businessmen/women from different industries who have gone thru same or ecen worse. We all have difficulties coping just to make a living but what would make us better is our drive to be better, basically. Also, will alone won't be enough 'coz u need to act up to it. Luck could also play a keyrole but would you depend everyrhing into it? I ain't rich yet but I do assure that everyday, I am continuing my plans. I managed to finish studying with just pure hard work by doing a part time. I am not there yet but I do believe that I will only lose in life once I choose to stop, which I never had plans of.
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As long as the service provider/merchant or sinply both parties are okay with it and as long as there are no restrictions then yes. However, this is rare even at the present. Only few merchants and service providers are accepting cryptocurrency as a mode of payment for their own reason. What can we do about it? Nothing but wait for things to be accepted by more people. Using or adopting to this technology is driven by initiative. And since right now there are still present issues with regards to this industry, then waiting is the only thing we could do. But a thing to show progress is some banks considering to do so. There'll be a lot of procedures but atleast we would be going there someday.
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If he's on a legal age, then he better open a bank and keep it there. If he knows his parents well, then they're more likely won't accept such money given that they're religious. And it would be a wasted money if he will not be able to make use of it. There's nothing wrong with hiding something from his parents as long as it is a positive thing. He earned or won money, that's it. Pushing it to be accepted by his parents won't do anything. Chances are high that his parents wouldn't want that money. We can justify whatever wrong is done. Him winning a big amount is like the will of God. LOL
Anything as long as we benefit and so will this young man, he will defend his $46k. Maybe the young man is just not as religious as his parents.
As for me, there is nothing wrong with sports betting, all in the family sometimes watch together a basketball game and bet on each other. Anything that makes the family bond is good in the eyes of God. The young man just goes beyond the family.
Will of God? I doubt. That's luck. Betting is okay as long as you're the one making effort to have an amount to bet. If he's still dependent with his parents then it won't be a good idea. What if he did not win? Would it be the same reaction? Also, qould he be spending most of it bwcause of greed, in gambling? It'll depend on the boy's way of managing that money. |
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We do all have our own preferences when choosing a gambling site. Some would say a licensed one, others would go for platforms offering huge bonuses and rewards, some are not into ones with KYC, and/or the games being offered. But what would make me stay in a gambling platform is the service I am getting. Any gambling site could give the same offer to their players but not all platforms could give their players a good service quality perhaps with overall maintenance of the site or how fast transactions are being done both with deposit and withdrawal of funds. You could move from one another but for sire only a few would make you stay for awhile.
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I'm a certified meme coin hunter, and my radar is always on the lookout for those hidden gems that might become the next Pepe. Speaking of which, I remember stumbling upon Pepe on Twitter when the buzz and sentiment were off the charts, and I just couldn't resist aping in, and it paid off!
Twitter is just one of the treasure troves, but there are plenty of other ways to spot those potential success stories. So, my fellow crypto meme seekers, I want to hear your strategies. How do you go about discovering those up-and-coming meme coins before they skyrocket? Care to share your secret sauce?
Certified? Who certifies? Also not to offend you but I do view memecoins as good tokens only at its start 'coz most of its market prices are falling eventually. Also, not all meme tokens are having good outcome in this industry simply because of its laack of utility which we all know, is needed to sustain its market value. But yes, if you could determine which one qoyld be best to buy early and has the potential to be bigger after its release in the market, then that would be a huge advantage. However, problem is determining one. Everythings dependent with hype and demand for meme tokens and that means even if a certain one has a good team behind, if majority of investors does not think it would be the best one, then demand would still be low. |
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It's not a bad idea to tell people about BTC. The point is to tell those interested in learning not those who want to investigate ones pocket because they spend more without being at the mercy of the banks or financial monitoring agencies.
I have known alot of friends who never want to hear the subject of BTC because of the investment they lost as at the time it originated and gained users.
I only tell people who I know needs the knowledge to assist their businesses or education or any other pursuit that would require an application or use of BTC technology or currency. These days telling anyone what they aren't interested in can even get you hated more than loved.
Also it depends on how they would take it. No doubt that most of the people having interest with this blockchain is because of the profit potential not knowing how things really works in this industry. Knowing what Bitcoin is won't be enough. Also with its usage which is still currently limited across countries since majority are still in doubt of its adoption. Indeed sharing about this technology is a good thing but it will always have two sides. Engaging won't be all turn out to a good outcome 'coz bad instances may do still happen such as people investing and losing due to market price volatility and eventually accusing this technology as scam and such. So I agree that we better choose qisely, to whoever we should share the information about this industry. |
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If you go by what one of the richest men in the world and arguably the best investor in history says, you should avoid taking loans/credit for anything except a low rate long term mortgage - where the value of the asset can actually outweigh the loan over the long term. Besides that, far too many people borrow money when they would be much more responsible if they saved up before buying the thing they want, which will probably depreciate at a much higher rate. Taking a loan would only be advisable on times or emergency or if you have concrete plan on how would you spend it. First one is given but the second one should be something that will generate profit to hekp you atleast , pay that loan. According to some of my friends who've been into different field of investments, if you have plans then take a loan and create or invest into a profitable investment then let that thing pay your loan for you. The idea is there but unfortunately not all businesses are working smoothly even with investments ofcourse. Depends on how profitable the investment is but the minimum should be generating an amount that would help or something which has atleast low risk of losing. |
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If you are still trying to find a good reason to buy some bitcoin, Well, over the night, I was watching some crypto related videos on YouTube, and while going through the comment section, I found this comment which really made a lot of sense to me, and I thought to share it here.. The dude, who ever he is said, "if he can spend a $100 to $200 dollars daily on food and drink, and wake up the next day to piss and shit it out without bothering whether there be profit or not, then not a bad idea to spend some of that money buying an asset that has the potentials of earning you some profit, no matter how small". Sure nothing special about this statement, but I just find the analogy interesting, maybe its because this is something we do everyday and have come to terms with it as the basics of life and existence, many of us tend to easily without looking back, spend good amount of money on things that add very little to no profit or value on our financial lives, like eating out in an expensive hotel or restaurant, but when it comes to spending on that one thing that has the potential to add some positive figures into our finances, we begin to do a lot of calculating and analyzing  , is this not us indirectly cheating ourselves? It is indeed a great idea to share especially with non-crypto investors. But if we would dig down the idea, what's pushing people away from investing to this technokogy? One reason is impression. There is an impression that investment amount should be huge in order to generate bigger profit but in reality, there's no minimum or maximum amount to invest, only an amount you can afford losing. Ofcourse we would envy those who have the privilege to invest and earn big but what can we do about it? Just go with something inside yoyr capacity and you're good to go. No matter how big or small it is, the fact that you have tried is alrwady something big. If you have invested a small amount right now what more eventually right? First step is the biggest. |
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