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1281  Economy / Gambling / Re: Free Condolence Bonuses to Betnomi victims on: August 04, 2023, 10:10:11 AM

Betnomi's departure from this business has made the victim lose a lot of money too. For that, Trustdice has come to provide assistance, although there may be some people who will perceive it as seeking sensation or profit from the victim's loss, but behind that, appreciation must still be given because of Trustdice's good intentions, even though so other casinos should also help to repair the good name of all crypto casinos in this forum.

Who knows other casinos may be planning something to help those victims. It's actually not that easy as scammers would try to take advantage of this situation. I am certain Trust dice team have created a mechanism to identify those affected by Betnomi. It is a possibility that other casinos might be working on the same mechanism. Still, it is not that easy and in that sense such a good gesture by Trust dice should be appreciated.
1282  Economy / Gambling discussion / Re: 5 Bitcoins to never gamble again. Will you take it? on: August 04, 2023, 09:28:02 AM
If in real life someone would offer 5 Bitcoins to a gambler just in exchange for him to stop gambling, who would refuse the amount of 100k$ more, for sure everyone who will accept that amount will stop of course. It's like hitting the lottery when it happens to us.
I just hope that a true gambling addict will stop gambling after receiving 5 Bitcoins.

The jackpot amount depends on the country that you live in. For some such an amount will completely change the way they live and for others it won't be enough. A gambler no matter how much he wins will still gamble for his satisfaction. By satisfaction I mean his addiction towards Gambling, he will convince himself to go further as he was able to win a big amount of 5 BTC he can now win 10 BTC with the previous winning amount. The never stop unless they feel it is enough for them.
1283  Local / India / Re: Uber shines light on acceptance of bitcoin on: August 04, 2023, 09:07:43 AM
I don't think Uber will start it worldwide anyways. Initially it'll just be in American or probably European countries which are slightly crypto friendly and only after it is able to asses the success of this payment method that it'll bring to other countries. problem isn't only on the customer side, governments will be afraid that Uber might take away it's earnings directly outside the country using Cryptos and no country would want that to happen.

Yes, you are correct they will experiment with Bitcoin payment system most probably in Europe or in South America. Depending on the success of this payment system they would do a systematic roll out globally. I still don't think they would be able to use it in India. I do agree such a gesture by Uber would help Bitcoin mass adoption though.
1284  Economy / Gambling / Re: Free Condolence Bonuses to Betnomi victims on: August 04, 2023, 09:00:08 AM
What a good gesture from the Trust  dice team to compensate the victims of Betnomi with free bonuses. I don't think that this is a way to lure people into betting in their platform because it is the affected victims choice to  accept the bonuses or not. To use the casino or not,it is left for the victims to decide themselves.

This is certainly a very good gesture from the Trust dice team. This is not a marketing gimmick or a way to get new customers. OP has clearly said it is a way to help the victims regain trust in iGaming industry. I have never seen a casino taking such a step to help those in need. This gesture will also increase every new and existing user trust on Trust dice.
1285  Economy / Gambling discussion / Re: It's safe to say - gambling is a guy thing. on: August 03, 2023, 06:12:51 AM
In the past we had the same discussion about men more into gambling than women. You should have done a few search before creating this topic.Gender in Gambling [differences between Women and Men in Gambling]

The answer to your question is simple. Men think logically and have the ability to take risk. Women think emotionally and don't possess the courage to take risk. Gambling is a game of risk which requires logic to understand. That is why you will find more men than women.
1286  Economy / Gambling / Re: CasinoX.World - online review guide on: August 03, 2023, 06:00:45 AM
2. All listed casinos have reviews. Just click on the title, not on button
Okay, I found it and went through, felt you could have added some user experience on the review by actual users. I am not saying it is bad what I saying is that it is not convincing enough. I have another advise for you and that is why not start a small signature campaign here about your platform. In the past there we did saw such campaign by other review platforms. Think about a budget and hire a signature campaign manager.
1287  Local / India / Re: Uber shines light on acceptance of bitcoin on: August 03, 2023, 05:28:51 AM
That is great news from Uber as it is available in all big and small economy countries. I doubt they would be able to accept Bitcoin in India. There are two reasons behind it, the first Indian government and the second Uber Indian drivers. It seems now days they are asking more money than what Uber app is asking. I have recently shifted to Rapido from Uber & Ola as I found them better.
1288  Local / India / Re: Reincarnation of our community on: August 03, 2023, 05:19:17 AM
Additionally, Welcome to Indians topic is getting spammed to the core Grin They should obviously be replaced by NEW PEOPLE JOINING INDIAN SUB: INTRO AND MERIT. The Primary reason for creation of the same was for replacement but it never happened. So, let us request for that as well.

What else do you think would require unpinning from the top?

I feel you should unpin New people joining asap. I just went through the thread and it getting spammed royally. I can even see non Indians newbies using it to introduce themselves. It doesn't make any sense, when it is clearly mentioned that the board is for Indians.

Recently I filed my ITR and felt these new platforms are over charging users for calculating VDA & for filing ITR. I think we as a community with the help of webtricks should create a guide thread. The thread should teach on how to file ITR using ITR2 & 3 form. What do you think?
1289  Economy / Gambling / Re: Without money, does it still qualify as gambling? on: August 02, 2023, 02:52:25 AM
[

demo account from the casino is only intended to know the features of a real game simulation. but indeed a demo account may be designed to make novice players have a pleasant experience. That is what will make novice gamblers interested in depositing some of their money to play for real.
the most important thing is not a matter of winning and losing on the demo account. but adapt to the game that will be carried out. Demo accounts may not be of use to gamblers who are already proficient in certain games at some casinos. but for beginners, a demo account can give a little idea of the game to be carried out.

That little idea that a new user gets about a particular game always lead to debt. If a casino wants to lure new members they should restrict them from depositing a big amount or should give some guidance as to start with small amount. Such initiative would encourage responsible gambling but why would they do it. They are running the business to make profits, which is good but some sensitivity towards users would give them a good reputation.
1290  Economy / Gambling / Re: Without money, does it still qualify as gambling? on: August 02, 2023, 02:37:45 AM
Demo mode can actually be used as a learning tool for novice gamblers, even though there are differences between demo mode and live mode gambling, most demo modes make it easier to get big wins as if it had been set to win gamblers so they can increase their confidence before trying the live mode and end up gambling in live mode never tasting a win except a losing streak.

But even so still in my opinion it will be considered gambling using fake money I believe demo mode is definitely useful for new users to test games and gambling to understand how it works even though there is a difference in luck between demo mode and live mode. but there is no difference, it's just that one uses fake money, the other is real money.  Cheesy

Demo account are a big waste of time as using them would only convince the newbie that gambling is an easy way to double your investment. It will convince them to start with big amount after sometime resulting them losing the principal amount instantly when they play using a live account.

I would consider using a demo account as gambling although real money is not involved but because of easy scenarios being created to give an idea to a new member on how to play a particular game.
1291  Local / India / Re: Supreme Court Grants Bail To Man Booked For Cryptocurrency Fraud on: August 02, 2023, 02:27:04 AM
Did anyone noticed India's digital INR doesn't have the face of Gandhi. The opposition did not even look into this while the ruling party is quietly changing everything. With the national currency.

We can't expect anything more if we have leaders such as

Finance minister - with no knowledge about finance
RBI Governor - Who will agree to whatever the central government says
Prime Minister -  Who never address people's struggle

And the list goes on indefinitely. Cry



I won't say that our current ministers are not competent enough to hold such governing position. The might not be as interested in our domain as they are in other. In just 10 years time India has become an economic giant. They might have committed mistakes but we can't ignore the fact that our country has developed a lot from what it used to be earlier. I am wating for the G20 meeting to start as a lot of confusion in our domain would be clear. There are an indication that a global regulation might come up in the meeting.
1292  Local / Mining (India) / Re: is it profitable to mine in India ? on: August 01, 2023, 10:15:47 AM
If you can afford to spend about 3 lacs then with one Antminer L7 and Solar electric supply you can get back your investment in six month with nicehash mining. Do remember your miner should mine 24/7 in this period. I have been doing research on the solar electric and found the central government does have scheme which make it cheaper to buy and install. You can visit this website for more information: https://solarrooftop.gov.in/rooftop_calculator

Apart from the mining instrument the electricity to power up the ant miner L7 needs 20KW solar capacity to run 24/7 which will at least cost around 7.5Lakh to 12 lakh including subsidy.

I did check it with subsidy in my state for setting up solar panel the cost will be 6.6Lakh. it depends from state to state. If I am able to generate a revenue of 50k every month then I can still make some profit. The solar panel can be bought using the government EMI scheme. I checked the EMI using the calculator provided and the amount to be paid every month would be 13634 for the next 5 years wherein I still make a profit of 36k. I can deduct 10k as other expenses and still I am able to generate a passive income of 26k every month.
1293  Economy / Gambling discussion / Re: Why is Gamble gaining more fans than Bitcoin? on: August 01, 2023, 02:44:09 AM
Gambling is also easier understood by people in general than Bitcoin, because it's already part of their culture and tradition since a long ago, therefore people have contact with gambling probably since their childhood. And with contact with gambling I don't mean access to physical or online casinos, but to daily plays which involve betting on some events that may occur along the day and on determined situations. That gives people a good notion of gambling and get them familiarized with this, so when they grow older, it will be a piece of cake to join a casino and start playing.

With Bitcoin, on the other hand, people may get aware about it only during their adulthood, so they will have more difficulties familiarizing with this.

Yeah, gambling is not that complicated like Bitcoin can be to everyone. As a kid everyone has experienced gambling in one way or the other. Bitcoin came into existence a decade back and most of the humanity still doesn't know that Bitcoin exist.  Whereas if you ask about gambling to anyone on the street they would know about it. Although you wouldn't hear anything good about it. Comparing both doesn't make any sense for me. This is like comparing Bitcoin with gold wherein both are different entities.
1294  Local / India / Re: Worldcoin: the cryptocurrency that wants to scan your balls on: August 01, 2023, 02:22:08 AM
Here we go another big tech giant has found a way to convince everyone voluntarily to scan their irish. Google AI tool for retinal scan can predict cardiovascular risk. Don't know how authentic this news is as it was printed in Indian media. This new tech might be good in determining the health of human heart. Still it feels like invading privacy on the pretext of keeping heart healthy & detecting medical issues in advance.
1295  Economy / Gambling discussion / Re: How do you stay updated on: August 01, 2023, 02:12:14 AM
When it comes about getting updates, football being the most recognized and populous fans sport in the world, it is very easy to get updates from people around us about football than when we play other games and bet sports and games that are not common, but in football, we can easily get the best updates going and use any of the informations received to bet base on how we understand the formation of the info received since football is very common unlike other sports.

What you are saying to an extent is correct if you are surrounded by people who are into football. In my country people are crazy about cricket and the local media does keep us updated. Apart from cricket, football does intrest me but it is not easy for me to keep a track of all leagues. That is why I follow only one league and place bet on matches where I feel confident. In case of cricket I am not selective or saturated to one league. I am following multiple league as I am more updated due to my surroundings.
1296  Economy / Gambling / Re: Some poker terminologies you may want to know on: August 01, 2023, 01:23:10 AM
Never played poker in my life and do not understand the rules but found this thread to be intresting. I was not aware of these terminologies that the OP has shared. I do understand that poker is a game of skills and like other sports it would have various terms. This is really interesting and this thread does instigate me to know more about this game and how it is played. Thanks OP for sharing these terminologies.
1297  Local / India / Re: Which CEX to trade now after Kucoin new KYC requirment? on: July 31, 2023, 03:14:13 AM
But I think the problem with Bitget will be the volumes for many pairs. I saw CMC for Bitget it doesn't has that much volumes, so the problem will still be the same. yes you can do hold your coins and do some swing trading but intraday is going to be relatively difficult kn this platform. I would rather suggest go KYC if you have that big of portfolio to trade.

You cannot compare Bitget exchange with other big cryptocurrencies exchange. I did check the volume and effective pairs available on this exchange and found it to be satisfactory. Most traders want USDT and they have paired it with every cryptocurrency. With KYC if you can still make a buy and sell then it is good for anonymous trading. You still have the option of DEX like pancakeswap and uniswap but getting the same benefits and more from a centralized exchange is rare now days.
1298  Economy / Gambling / Re: CasinoX.World - online review guide on: July 31, 2023, 02:44:26 AM
I just checked your website and found the visual design is modern and found it to be pleasant to the eyes. It is simple to understand and can be easily accessible without any issues. I did scroll to the bottom and found you have dedicated a page to provably fair casinos why don't you add another page to display those casinos that promote responsible gambling? That would come in handy for those users who are visiting your website. The latest casino review heading does not have an actual review but has an affiliate link that takes you to the casino. This might not look good in the long term if someone new wants to check an actual review.
1299  Economy / Gambling discussion / Re: Greed can cause a lost bet, (true or false) on: July 31, 2023, 02:31:56 AM
I have often seen some users arguing that sport bets have no house edge and as you state this is not true, casinos are not a charity offering their services for no gain to themselves, they have a lot of expenses they need to cover and they give themselves a small edge on every single bet and try to balance their books so regardless of the outcome they make money.

This is how they keep themselves on business, however thanks to the fact that sports bets is a game in which not everything is up to luck then this house edge can be overcome with skillful play, it is not easy but it can be done by those that know a particular sport really well.

I agree with what you are saying Casinos are run to make profits and they would use different strategies to make money. However, to break the house edge a user can user has to be selective and utilize their sports betting skills to find accurate bets against the odds. Apart from that disciplined money management and risk assessment is very crucial. These things do give a slight edge over the house, they do not work all the time but they do help a pro bettor in long term. A casual bettor like us won't be able to overcome the house edge in the long term.     
1300  Economy / Gambling discussion / Re: Wagering - share your opinion on: July 31, 2023, 02:22:05 AM
Wagering is an activity to redeem gambling bonuses, increase the rank of your account in a casino and a whole series of other advantages ...
If you are wagering only to redeem bonuses and increase your rank then it can be very risky. It is always advised to check the t&c before wagering otherwise you might incur a big loss. I always prefer reading the condition before I decided to wager as it gives me clear information about the benefits. Higher rank does provide lucrative promotion but they are always different across casinos. Again it is always good to understand the structure and the benefits before wagering.
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