Luck is 70 or 80 percent while skill is the rest, you need to have a great deal of luck to be successful in gambling. This days all I do is learn the rules and how to play if it's a game I haven't played before and after that the rest is luck. Also In sport betting you may follow the odds, do all the analysis but it still boils down to having a great deal of luck in other to be successful at it .
I totally agree to, when it comes to gambling, especially with games of chance such as roulette and slot machines, luck does play a big role since most of the outcomes are random. While knowing the rules and procedures will further sharpen one's mind into making decisions, eventually increasing the chances, still, luck is a big issue. This goes differently in the case of sports betting. Information that allows one to analyze the possibilities and come up with strategies for making predictions that are likely to be accurate is thus very useful a. Due to the effect of injuries, weather conditions, and decisions of the referees, sports events are inherently unpredictable and combine to add some interest. While short-term results can be quite variable, skilled strategies and disciplined portfolio management can yield positive results over time. In the long run, both casino gaming and sports betting are a balance of luck. Though strategies on luck will work out with the odds, it shall eventually be a game of luck. |
|
|
|
Good news coming to the digital currency space as one of the countries in the Asia region have just approved bitcoin and cryptocurrency for salary payments. It was first rejected in 2023 and now approved by the First court of instance. Dubai's Court of First Instance recognized cryptocurrency as a valid form of salary payment, marking a significant shift in the UAE's approach to digital currencies. This decision is a notable update from the court's previous stance in 2023, where a similar case was rejected due to issues with valuing crypto payments.
This move will have a positive impact in the mass adoption and use of bitcoin. For a country as big and popular like Dubai to make this move, we wait to see similar from neighboring countries or tourist destinations like Dubai. It is true that some country in Asia has agreed to incorporate the use of Bitcoin and cryptocurrencies for payments, this comes especially when so many things in life have changed from major bans happening earlier this year. Legally recognizing cryptocurrency as a form of true payment means more than just adopting the Bitcoin Act, but setting precedence that could encourage other countries to take similar actions. Such events could also help shed some of the skepticism hovering above digital currencies, proving real-life functionality beyond the use of speculative currency. It will be interesting to note how this initiative further goes on to affect the economy at large and also if it will generally increase the value and acceptance of cryptocurrency in the region and beyond. |
|
|
|
Well, I was wondering if there is a list of pro gamblers with efficient analytical skills and realistic records in sports betting (NBA, Soccer, UFC...etc). This can be very useful, especially for beginners who want to play and at the same time maintain their responsible gambling strategies. You know, I'm not saying that we need to encourage people to gamble, but at least assist those who have already started and need help or inspiration. Who inspires you in this field, and where can we find free resources to learn from them  To be honest I dont know a lot any explicit list of professional bettors who hold great records besides whos famous on internet, I can add some well-known individuals and properties can help inspire and provide sports betting enthusiasts with guidance. Nate Silver, founder of FiveThirtyEight, is infamous for his analysis on data and mathematical models of possible strategies in sports wagering. On the other side, Billy Walters is known as a professional sports bettor, extremely adept at analysis, though protecting his actions. Dr. Bob Stoll of Dr. The Bob Sports has made a name using research to develop strategies, including some very insightful work on the best betting strategies. In addition, Gil Alexander of the "Beating the Book" podcast brings very important insight into sports wagering simply by being data savvy and analytical. While trying out all these alternatives, please gamble responsibly by keeping an eye on your bank account, setting limits, and never giving way to thoughts of chasing losses. Gambling is supposed to be for fun and not to earn money. It should give different and pleasurable experiences. |
|
|
|
it's a long story but I'll try to make it short as I can for a comprehensively.
Yesterday while I was putting together some predictions for a parley bet as the EPL and other leagues has just kicked off. In the process I started experiencing network hitches problem which I wasn't getting comfortable with. Suddenly another idea erupted in my head, why not just go straight to any of the sports betting shops closer and book these games at once. So I zoomed off.
On getting there with ease I was able to book my games using their computer and taking my ticket. In the brief time I was in the shop I noticed how one of the cashier was addressing another of the cashier angrily (it was later I learned that he is the head cashier). So out of curiosity I couldn't mind my business, I inquired as to what could be the problem why he was talking with such an angry tune on his coworker.
He then told me how a gambler had walked into the shop and played sessions of virtual games worth #32k (in our local currency) and disappeared without paying. I was confused, like how did that happened I asked. He had to go into details explaining that when the strange guy played his first game he won #18k for which he didn't ask to be paid but continued gambling using the winning cash until he lost it all back to the shop. Out of confidence, the cashier didn't bother requesting for money for the next sessions thinking that after the guy might have been done gambling he will calculate the total loss for payment to be made or he perhaps might get another lucky win in the middle to cover for it in part or whole since he was able to get a win in the first game played. But unfortunately for him, the strange guy had another intention in mind, disappearing at the slightest minute the cashier's attention was diverted from his sight.
I felt dumbfounded by the stupidity of the cashier as I was speechless to say the least, I just had to tell him that the manager of the shop should install a CCTV camera in the shop to prevent future roguery of this nature.
Questions for discussion:
Why would a gambler adventure in such a risk knowing the embarrassment he would have received or even getting arrested for it.
If you happen to be the manager of that gambling shop what will be your action towards the foolishness of such an employee. Will it just be an angry shout or beyond that?
Do you think there is any measure through which the strange guy could be identified since there was no CCTV cameras stationed in and outside the shop environs?
I understand that your story raise issues in the operation and safety of casinos but the player's decision to use the system may have resulted from a mixture of personal cynicism and a belief in the possibility of sabotage. The immediate commercial interest and potential bad faith of taking the route can overshadow the long-term consequences, including possible legal problems therefore. If you were a leader, it was important that the issue is dealt with in a peaceful manner rather than anger. Some of the measures that should be taken are strengthening the pay structures, giving workers extra training, and investing in security measures like CCTV cameras so that such incidences do not occur in the future also. Searching for casinos with no CCTV might be tricky, but it can make you go to witness descriptions and also transaction records, all the information of customers that is collected by the store. It enhances internal controls and security, decreasing the risk and thus safeguarding the business from such incidences in the future. |
|
|
|
What I want to know is what are some physical gambling casinos that you like so much that you plan a trip to go to them? Where have you been in the past that you have had a great experience going to and why was it a great? What places did you not like and why? What gambling games did you focus on? Tell us about your experience. I always love to see other perspectives. I am fond of Las Vegas but have never actually planned a gambling trip myself but would like to hear stories
While planning a casino trip, this is primarily influenced by the conditions at the venue, the kind of games, and several other factors like restaurants or entertainment. While Las Vegas is, without a doubt, a primary favorite due to the enormous amount and variety of attractions and options available, destinations such as Monte Carlo and Macau are very unique and amazing places. I do not plan on gambling at the top casinos due to its cost. Now I wish to go physically to casinos with big screens for live games. More to this, I really enjoy conversation and analysis from co-gamers. Sometimes we enjoy our success by taking a few drinks, which makes the event fun and enjoyable. |
|
|
|
So let's say there price reset of world. So for example I have some shitcoin wich i buy now instead it's compared with Fiat currencies it will be price reset If i have tokens of 1000000 tokens so it have same purache power as 1000000$ So we need more for our cryptocurrency the bigger purache power. Imagine you get 1000 000 tokens and you maybe bought it with just 2$-5$ specially the meme coins. So with 2$-5$ you buy House  Can this work out ..? And If it would what could be conditions in the world If it ever happens...let's just think by that theory ? Btw don't you want to get more real assets for your crypto i want Im sure you want also. The view of "repricing" cryptocurrencies by assigning them a value could be pretty interesting in relation to the fiat currencies, even if highly speculative. At that resurgence, it would have a greater appreciation of the value of these cryptocurrencies and even give purchasing power equivalent to more fiat to their holders, especially in the case of meme currencies. For this to happen, several conditions had to be met: greater stability in global economic conditions, a facilitative regulatory framework, robust and ingenious technology, and market belief in the cryptographic currencies. More specifically, global financial systems had to change for cryptocurrencies to replace traditional currencies or have an impact on them. Meanwhile, rebalancing high-volatility, highly speculative cryptocurrencies into real assets, such as real estate or real estate-based investments, is quite smart. |
|
|
|
Now all the old and very experinced guys are in power...for example: USA jp morgan the jamie dimon, fed powell...in europe ECB Christine Lagarde ...usa trump and blackrock mr Fink....russia Putin.
We can hardly get even global economic bigger crash until those old guys watch over the world.
Hard to get wealth from their hands or companies...but once they gone then their kids will handle a lot wealth and a lot younger not experinced people than we experinced ones we will have many opportunities.
Remember first time when young donald trump was doing business he failed...the failure is logical process If no experince but once those old guys go away it's party for world 30-60 years old people who got experinces.
Remember the canada started to falling when young not any experince guy trudeau got in power.
So yeah that's the opportunity...many things will crash becouse kids Will get assets only thing is that If those kids and young people can find and hire people with experinces..not the Schoolsmart but streetsmart...school doesnt teach you nothing about crypto trading it's all experince.
So yes now we wait .and prepare save money and get ready for the biggest opportunity untfortunately not so soon
For me as I understand it, your insights unleash a whole dimension of generational leadership and its possible consequences on the world economy. Indeed, outstanding leaders, such as Jamie Dimon, Jerome Powell, Christine Lagarde, and Vladimir Putin, are very instrumental in keeping things stable and focused on economic policy. When those experienced people eventually retire or die, a younger generation who may not have the same experience can take over. Different decisions by junior managers, or new challenges, mean this change brings risks and opportunities. If we are to compare before, such change can bring leaner times but open the door to new industry and new technologies. How fully the expertise of experienced advisors is harnessed, and how sensitively the changing economic landscape is responded to, will be the key. Prep now and save for later and you'll be more likely to take advantage of the opportunities presented by these times of change. |
|
|
|
Days ago with my friend, we stepped out to play
a local game (Epele or draft) when we got there people where playing and when it gets to his turn he start playing and win, then I played with him he also wins me then someone looked and say you can't come here to start pulling out people from the board therefore "I must win you", like a joke he won and my friend stepped down. Long story short..
Fast forward... Our way going, then i decided to go check on person in a local gambling shop, we both stepped inside together, he went straight to seat while I was discussing with the staff there. At some point he was pushed to gamble, though our intention is never to gamble just to see someone and continue going home, he then say see "guy let me try luck to see if I can double my money" he then decided to play virtual.
On the process he then pick 4 match and stake with 200, and then pick another 4 matches and stake with another 200 which is a total of 400, he lost one ticket and the other tickets wins he then stake with 200 again into two he won all. So he ended up winning 3 times he wanted to stake the 4th one, what I did was to lift him outside and draw him from gambling more.
On our way going he started yelling at me that why did I lift him outside that he knows what he was doing, that he could had won more game and raised enough money for the day, maybe he could win huge amount.
But to me, the only thing I replied him is you are being greedy why would you allow greed to rollover you?
Now I want to asked; Have I done wrong to have lift him from the gambling shop?
Also did you think he would win more if he had continued gambling?
Again, if he lose all the money won do you think he would continue or stop?
I just wanted to know, maybe we can discussed to have fun while imputing your response.
Upgrading your friend from the casino may be viewed as protection from the negative consequences of excessive gambling. Due to its unpredictability and high-risk nature, it can't be proven that continuation would bring greater success; the old winner might well lose. If he had not stopped right there, he could have either won more or lost all of it, as gambling is usually after one has suffered a loss. Your friend's actions probably demonstrate the mentality of a regular player where immediate setbacks are looked upon as being transitory rather than cause to quit. It is generally advisable to cut your losses and withdraw while you are ahead, and thus your help in this case may be viewed as an intervention to save her from further losses. |
|
|
|
As we know and observe - in recent years, China's economy has not only experienced “difficult times” but has also gone from growth to decline. The reasons are many - from COVID19, which hit the economy hard, to the changing relationship with the West, resulting in the loss of markets, investment, access to technology and other things that China is heavily dependent on.
Destabilization in China is guaranteed to create a lot of economic difficulties in neighboring countries, as well as on the geopolitical map of the world, where everything is not good.
What happens next ? I will assume this scenario:
1. Increased withdrawal of Western investment and Western industries from China (related primarily to political conjuncture)
(We are roughly here now)
2. Attempts of the Chinese government to “spare no expense” to keep the economy afloat, which will lead to the burnout of strategic reserves, and will allow to “come to the edge of the abyss”, where without huge Western infusions of money into the Chinese economy the problem will not be solved.
3. strict administrative measures and transfer of the economy under the control of the state, with the curtailment of economic freedoms, which will negatively affect both the efficiency and quality of the economy.
The question is what's next? Realization and acceptance of the problem and correction of mistakes, ceasing to pretend to be the “second pole of the world”, establishment of relations with the West, refusal from dubious “friends”, reintegration into the world economy ? Or ? There may be a path of totalitarianism and isolation, militarization of politics to distract the population from pressing problems and getting the right to total control over people and management of private business ...
Question - what options for the development of events can you assume in connection with this situation?
Its only based on what I know and did some readings in articles too. The future of China's economic and geopolitical position is likely to turn into many potential directions depending on today's factors. For example, China could work on economic reforms, improve its relations with the West, and integrate itself again in the global economy by way of addressing the prevailing issues and making technological investments. Also, it might increase state control over the economy, limit economic liberalization, and focus inward; a strong structure of authoritarianism can be established while cooperation with the West markets is reduced. Again, China may try to strengthen its geopolitical strategies by reforming military or foreign policy so that all attention can be diverted from the domestic problems to this aspect while it maintains its global influence. Finally, long-term economic crises can increase volatility and domestic discontent that can lead to higher political and social instability. |
|
|
|
An insurance mechanism built for covering a huge loss. Maybe you incurred a losing bet say on a gambling trip with your buddies (group gambling insurance would be interesting too) or maybe purchased as a hedge against a bad habit for some addicted gamblers? I don’t think such a thing exists but if it did it would surely save you if you lost too much money or all of your money. Surely it would be much too expensive. I wonder if something like this is out there though or ever been discussed……
So as far as i understand it, special insurance for gambling losses is an attractive and uncommon idea. All risks in standard convention insurance usually include damage to property or health or issues of liability but exclude gambling losses due to the high risk and individualistic nature. There hasn't been any kind of standard insurance covering the case of gambling losses, and discussion has become central around the concept. Some trade groups provide financial solutions, but insurance against losses from gambling is rare. Health insurers, on the other hand, do treat gambling addiction and provide help in various ways through therapy and counseling. Casinos and sportsbook products sometimes have features to manage losses, but these are more about managing risk than insurance per se. While the idea of group insurance over gambling with friends covering one another's losses, is an excellent one, it would prove very hard to maintain and adjust accordingly. On a holistic level, though insurance against gambling losses is rendered futile, help from professionals, while appearing intrusive can offer a feasible solution regarding finance advice and gambling behaviors. |
|
|
|
Have you heard these kind of statement; "Enjoy me now that the season hasn't started oh, once the season starts, it's between me and football. I've heard and seen a lot of those where people adjust a lot of thier schedules once the season is in full action.
An example is in a local football pitch that's close to my residence, once the season starts, most of the sporting events that happens from 4pm starts experiencing scanty turn up because most of the EPL matches always happens at such time and fans can't afford to miss it for any reason.
There are stories that some husbands get mood swing a lot when thier favourite team don't win games which can even affect how they relate with the wife.
There are people that will even stop coming to church weekly activity once the season starts because it conflicts with the time they will normally use in watching matches. These are just the least of the schedules that gets low turn up and changes once the season starts and for some cases it affect businesses, families and some social gatherings negatively.
Have you observed this kind of trend and can you share your personal experience on how new football season has affected your schedule.
Yes, it often sees how football season can affect people's plans and behavior. Many fans change their daily routine including me during the season so they can have time to watch matches, I remember before not related to football but boxing instead Manny Pacman matches is long awaited always. These changes I notice often lead to significant changes, for example, sporting events or competitions are less enjoyable when people choose to watch sports instead. It is not uncommon to find football fans get so enraged that their moods and relationships with others, including family and friends, are changed. At times, football may even take precedence over things like church activities or socializing. For my side, I have also realized the same impacts where game plans sometimes change my routines and social routines and especially the high impact football has on people's lives. |
|
|
|
We don't know how to govern us properly.
The economy is mess because of unequal wealth sharing and a lot greedy small business owners who take workers but they are not so wealthy as bigger companies so they try to pay low wages to workers to make themselfes rich.
So small business owners are biggest threat to society and second one are landlords of property they want too much profit but they don't contripute back in society nothing just holding wealth...but Even the money is your private the money is everybodys debt what we all are in together
Second group of people are landlords who happened to be lucky got Property and now they try to not work just making money out of others.
Not just in USA but everywhere else same problem so goverments not stay stand still but will take over now everything fully.
Anyways universal basic income coming because person who don't have job want to live good life same as person whos working.
Inequality doesnt do anything good in society becouse the money you have doesn't belong to you the wealth what you have belongs to everybody If person have money just on bank account or cash in home it doesn't serve common good of society.
Goverments will end now the economic indvidulism but will make more one center system.
Like Obama said the people can not govern themselfes.
But economicslly that's true that we have so much money in bank accounts and people have cash wich doesnt serve other people.
No reason to dream the private ownership Will end anyways.
I think they Will take all the wealth count it and then equal distribution.
But why you need to own your House or car? If it will be tokenized and on blockchain so you can buy the tokens and those tokens Are like shares of your assets you don't need to own exacly assets you can have tokens of your assets.
We been living law of jungle not the rule of men.
I can see that you have some issues that you have pointed out, especially about resource allocation, budgeting, and the role of government. But for me, the acute problem of income inequality is sometimes exacerbated by differences in wealth distribution and wage practices and this can contribute to broader economic contexts has come about because small business owners, left to work on thin lines, pay less, while landowners profit from wealth without giving much to the state. Effectively this can magnify conflict. Let's say that injustice and inequality in the digital revolution can be corrected by the governments themselves, with ideas like Universal Income being rolled out to ensure everybody lives above the basic standard. The idea of democratization of assets and investments by bringing the assets on the blockchain through tokenization means that an individual holds a token as a representation of accountability held in assets, rather than being an explicit owner. So for me, this approach which flops around the traditional meaning of private ownership, then integrates in the further step the aspect of wealth management. No doubt that the concept is quite controversial and thought-provoking, but its practical, ethical, and social implications would also need to be analyzed with great care if ever implemented. |
|
|
|
A colleague in office played a game (sport bet) and the booking codes were given to him by another of his friend and he played the game exactly how the guy presented code with the number of odds. And the gambler who game him the codes, played more odds to win bigger and when the match finally ended, this my colleague odds entered and he won $7,600 and the guy who gave him the booking codes loss the game.
When he heard the that the game he gave to his friend entered for the guy and he loss the game so the guy was speechless and he was in pain throughout the week. And the guy who won the game, gave him $200. If you were the guy who loss the game which you were the one gave him the codes. What will you do? Lolz. Gambler's life. Life goes on. Have you predicted a game for some and the person won the game but you loss out?
If to me, I would feel a mix of disappointment, sadness, and jealousy that I am that person who issued the gambling rule, yet ended up losing while the other won hard. I would look at this as a lesson learned like what went wrong with my gamble? I would adjust the strategy intentionally in the future. Keeping a positive attitude in mind, notwithstanding the obstacle, is not to let it overwhelm my emotions with the thought that the results of gambling are uncertain. I would be thankful and happy that my donation is accepted if the winner gives me $200 as a goodwill gesture. In the end, focus would be given to future bets and opportunities and just keep looking forward despite the current loss. |
|
|
|
|
To be honest I'm not entirely sure on your example of the leopard tactic. Are you saying that they only try in situations where there is a clear advantage, as opposed to how they would only hunt if it was appropriate? I don't feel this has anything to do with equality, because hunting is essential to their survival, not just a choice based on values. The examples you gave do not seem useless to you. Many of these things are already calculated by bookmaker right. You get what I'm saying? Also I had thought that this was an argument based on the idea that everyone did a bit of research into the sports teams, and that was why they were willing to place a bet. I may be over-estimating how much research people actually put in. I had always thought that the main reason I did not like losing much money was that I did not know a great deal about the individual sport I was watching. Those who know a lot more about the game appear to be having an advantage that I do not have.
|
|
|
|
Winning in gambling will make your mood happy just as we get some rewards and we feel happy. These feelings are so great and we feel so energic and positive.
However, once we start to lose in gambling, we slowly move towards the sadness phase. If the loss continues and we keep on losing the money, eventually it can lead to depression.
Yes, I understand that depression is a very severe stage and it won't come at once if you are a new gambler but if you are not a responsible gambler, it is very easy for the gambler to lose his emotions and become depressed in life. Focus on other entertainment other than gambling for some time can be helpful in relaxing our mind and regrouping again to come back strongly in gambling with a strong emotion.
You're right to note that there's an emotional return associated with satisfaction. Winning can enhance one's mood and energy and on the other hand, losses in the long run can lead to grief and may further deteriorate problems such as depression, especially in cases of compulsive gambling. As a matter of fact, for responsible gambling, it is very key to unwind and have fun in a number of ways so as to create balance and good emotional health. A person will be able to keep off undesirable feelings from gambling activities and also have a positive outlook towards it if activities are joined in and gambling behaviours managed. I have read this on some articles that up to 2% of gamblers sometimes develop gambling problems; hence, one should act responsibly or seek help as needed. |
|
|
|
Oil gas and a lot land in russia.
Putin might be good person but everybody have their own price maybe few more zeros and rewards and deal done.
Russia becomes cheap someone need to get those assets for sure.
Also every political leader has price btw all russians not putins friends or family members so why care, you can't make good things for everybody you have your own people only who you take care and you.
Everything is on sale in this world just right price got be.
So i guess wealthy ones will start negiotiations to get assets and hands on oil /gas.
Probably UK want this mostly
So may opinion on this is though everything may seem to be for sale, it is undoubtedly a fact that such concepts have to be approached with nuance. Something of great value, such as oil and gas, is an intricate political and economic transaction influenced by mixes of variables. In this case, some of the nuances include international relations, sanctions, and ethical considerations. Under this light, the notion of "price for all" appears to oversimplify the incentives and constraints driving political leaders and states. In the geopolitical climate prevailing at the moment, most countries have a genuine interest in taking or protecting energy, but this usually occurs through tight negotiations and accordance with international law and sanctions. Britain might try to run activities aimed at accumulating riches, but such actions are usually circumscribed by diplomacy and morality. |
|
|
|
I was beginning to think that we in the gambling community have given up on Drake and he's not worth talking about when I saw the news of his loss on social media. Well I guess we still care. The first thought that came to mind when I read of his loss after betting on Israel I thought to myself that if I were competing in any sports and land that Drake bet on me I will take it as bad luck and immediately beg him to bet on my opponent instead. On a serious note looking at Israel's history no one thoughts he would lose the match but anything can happen. A reminder to not underestimate or overestimate anyone.
So its seems, Drake's way of betting still makes headlines, though for all the wrong reasons. If I was an opponent and Drake bet on me, then, of course, I would take that as a potentially bad omen, and he might want to on my opponent instead and. While this victory by Israel Adesanya was a sure bet to happen, it once again shows that miracles can occur in sports and that is, one should never count out or count in anybody based on previous work. In a more interesting twist, Drake does high-profile gambling, which brings a lot of media attention and probably affects public opinion and gambling behaviors. |
|
|
|
Winning in gambling will make your mood happy just as we get some rewards and we feel happy. These feelings are so great and we feel so energic and positive. However, once we start to lose in gambling, we slowly move towards the sadness phase. If the loss continues and we keep on losing the money, eventually it can lead to depression. Yes, I understand that depression is a very severe stage and it won't come at once if you are a new gambler but if you are not a responsible gambler, it is very easy for the gambler to lose his emotions and become depressed in life. Focus on other entertainment other than gambling for some time can be helpful in relaxing our mind and regrouping again to come back strongly in gambling with a strong emotion. So for me I viewed it as satisfaction can maximize emotions in case of a win, since the pride and energy from that win might raise your spirits and improve your mood. However, over time, accumulation might be metered by sadness, grief, and even depression. In such feelings, to cope, budget and time limits should be set for satisfaction, and one must not spend time which we had not intended nor go over your budget. Apparently, this balance in feelings can be enhanced by routine rest and other activities. Being able to monitor feelings and recognize triggers may also help in managing cravings and stresses. Getting support from friends, family, even here in forum or a counselor assists in providing insight into their problems and helping to minimize mental health issues. Lastly, as I'm doing it now im seeing gambling as entertainment rather than gambling, and I'm using this technique called mindfulness, cause it improve my quality and control of gambling. |
|
|
|
High volatility means it's more rare to receive a payout when playing a game, but as a counter to test there is potential to get very high multipliers, albeit very rarely. This term is usually meant for slot games because in other games things work a bit differently.
Anyway, I wanted to see if others thought the same of high volatility.
The issue I take with high volatility slots, is that it is so exceedingly unlikely to receive a decent payout, that almost no player even has the possibility to leave the slot in profit.
Think about it. If you were playing a different chance based game and had 10% chance to win 9 times your bet, it would mean 1 in every 10 waggers earns someone back a decent multiplier. But in slots you more often than not get nothing back. The large multipliers have to be fed somehow. So someone can get 4000 times their bet every once in 15 thousand bets or more. Many others have to lose in the process.
But even the gamblers that win the big multipliers, does that mean they are in profit? I highly doubt it.
If you hit a large multiplier would you stop? Or even if you did stop, it's very likely your losses so far would have exceeded the winnings. So with certain games even good luck counts less than in other games. After all slots have an RTP of ~96 or 97% whereas there are gamez with a house edge of 1% or lower.
So in my understanding the high volatility slots are those offering big payout opportunities but, at the same time, come with a high level of risk. For me this low-high win-rate game turns out to be one that will, in fact, pay off rarely, every good time. Many players experience long periods of irreversible decline even for me, and even with the big wins, past defeats often overshadow the gains. These weaker pitches might make it harder for players to finally profit, unlike lower-level or high-RTP games, due to frequent stagnation losses because of this. |
|
|
|
With global markets headed towards an economic downturn once again, I'm reminded of why Bitcoin was created in the first place... centralized financial institutions cannot be trusted.
But as the fiat currencies like the dollar continue to deteriorate in value, it's becoming increasingly clear we need a real alternative.
It seems Bitcoin Core has embraced the digital gold narrative, which fails to achieve the original goal of P2P electronic cash. Do these developers really know better?
I can tell you that Bitcoin was never designed to be an asset of huge value or even hedge against economic shocks and turmoil. It was a platform that self-developed into such a platform, and its main calling in life is that being a digital finance platform to facilitate unmediated transactions. If I remember correctly, it was initially created as a peer-to-peer electronic money system, it should have been able to provide a decentralized alternative to traditional financial institutions, helping people deal directly without intermediaries. That is, with the maturity of bitcoin, increasingly designed as "digital gold," rather than just being used as a shortcut to exchange. It should have been due to the fact that, as I said, during the period of economic uncertainty, bitcoin was a particularly well-suited store of value due to its low trading volume and freedom. It is probably a focus on making bitcoin a store of value if the fact that the marketing machine of a digital gold legend was distracting people from the original business objectives bodes. |
|
|
|
|
Show Posts
