What if we have our own group of trusted user that can act as mediator to look on the case. We have a lot of talented and respectable user here that capable on handling the situation while most the casino representative has a close contact on campaign manager here.
Do you think this is a good idea to solve cases like this? Take note only case that involved a valid evidence and argument will be considered. A tip is also required in case the complainant is willing to use the forum service.
Problem is, not all gambling casino owner would be okay communicating with users in this forum even if it's their casino's reputaation is on the line. Also, let's jist say campaign managers in this forum are the ones to be representative. We are still in online platform and take note that we don't know each ither personally here, nothing would change if they would be avoidant of communication. Even if they would have a bad image in this forum, there would be still gamblers to play in their platform especially those who are not in this forum, so they'd more likely not mind things still. We also cannot tag a casino as fraudalent or scam as long as it is running. We would know that a platform is a fraud only once they run with their consumer's money and not with few instances alone. |
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While these points may not be groundbreaking, they are essential to consider before investing in Bitcoin. It's important to recognize that Bitcoin is not a get-rich-quick scheme. However, with sufficient patience, it is possible to earn money through Bitcoin investments. Newcomers should dedicate time to learning before making investment decisions related to Bitcoin. Otherwise, they may end up regretting their Bitcoin investments. Newcomers have a tendency to invest in altcoins rather than bitcoins. They might think that to be profitable on bitcoin 2x - 4x it would take billions of dollars to move the market. I got that assumption from several friends, of course sometimes I can't force them to agree with what I believe, so that's a choice. Basically they have to have a high interest in learning in order to discover the fact that altcoins sometimes just become a trap for them. The desire to get rich quick is what many altcoin investors have, but we must not discriminate against their choices. For newbies? I still think they would be investing more to Bitcoin rather than altcoin especially because Bitcoin has a large popularity and since they are just new, How come they will be aware of altcoins. I'd only agree if the newbie has his/her own knowledge of this industry, they might consider investing to altcoins simply because they'd have aan impression that its market value isn't that big and that it has a high tendency to make a price increase as project develops. To some newbies on the other hand, they think investing to altcoins as whole quantities (50 SHIB perhaps) is somewhat the same with buying 1 Btc however not all coins have the same market price movenent so definitely they're different. |
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What's more likely to happen is involvement of AI to different industries such as online gambking but I hope not in a sense of cheating. It could be useful on making platforms more efficient. Top 4 Trends and Technologies that Will Shape the Industry
2. AI oddsmaking and handicapping
Arena is an artificial intelligence start up that is generating simulations of human behavior. The simulations should help those in the advertising industry better determine where to spend their ad dollars.
If Arena’s AI tech can help the ad industry, it for sure could help determine where players are most likely to put their money. If that happens, oddsmakers will have a powerful tool. If we take it further, AI could help players, especially players that bet a lot of money, find optimal wagers based on odds.
Without a doubt, there’s a place for AI technology in the sports betting industry. We must all keep an eye on how things develop.
Of the four this is the one that I found interesting, this is still speculative AI is proven to work in other industries but in gambling, it is not yet proven and the study is still ongoing, It still works on probability and analysis just like human behavior, it will never take into account upsets and under unavoidable circumstances but let's see if it gets good results then it will become popular among players. With probability and analysis, indeed these would be important on creating a speculation or prediciton of the outcome but will never guarantee a winning bet. One reaason is because we are in gambling industry. It won't be gambling if risk of losing is small. Also, anything could happen inside the ring, court, fields, and other settings concerning sportsbetting to give an example, as long as there's still time to do so. This simply limits technologies wherein there's no simplicity on their prograams. |
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Instincts are simply a guess. Ofcourse you'll have regrets because the ouctome could have been better, but what if it did not? It is a matter of considering what works more often. Instincts should be considered indeed but never be dependent into it. This is why there's a formal study of things 'coz it is a more structured process to succeed in a particular thing or activity. There are successful businessmen who did not go to formal schooling but still made it. But for sure there are more successful person who had a formal study of something simply because it is more proven and would promote efficiency with budget, time, and proper management of risk.
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from now onward nobody will ever discourage me from investing in any commodity that I see as a profitable one, no matter the risk that's involved. I will take it, There is no harm in trying with a small amount of money.
That’s FOMO talking, just because you missed out on investing in bitcoin in 2016 when the price was low doesn’t mean you should be any less sceptical of investments that may seem profitable. Invest what you can afford to lose, there is lot of risks involved in investing in cryptocurrencies, altcoins are known to be very profitable and have made some investors millionaires but there are lot more people who have lost money to altcoins, and rug pull scams. Bitcoin is the only crypto investment I can solidly stand behind 100percent. Definitely a problem. Many people knows how profitable it is to invest in this industry but not all people knows how to handle risk from doing so. Some would wait for prices to fall and once the market does, they would still hesitate to invest. Some would invest during peak season and would regret once a market crash occur. The idea behind crypto investment is investing at any market price wherein you can endure any market price behavior for a long run. Indeed short term investment has its place in this industry but be sure to know what you are doing sucb as with the right price to exist and make another entry. If not? go with long term vision 'coz based on charts, the market price is continuously but not consistently, moving upward. |
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As we know that most gambling sites will require you to gamble and wager your whole balance once, before you can cash out or withdraw from the gambling site and they take this measure so people do not do money laundering whereby deposit and withdraw without gambling.
Now the point here is that on the gambling site, there are many easy winning bets with odds like 1.01x etc. If the money lauder is sensible he can easily be wagering the whole amount by placing a few bets where the odds are very low and the winning chances are 99%.
So does this mean that there is a loophole here and the money launderers can easily by pass this wagering requirement?
As we do know, lower odds won't guarantee winning. Anything could happen as long as the game is not done yet which should impose risk still for those who are planning to bypass their funds through gambling sites. Wagering requirement, as far as I know, does not work on betting all of your funds but with minimum and maximum amounts withdrawable in a certain period. It would be unfaair as well if gambling sites would reqquire people to bet all of their funds just to withdraaw their funds 'coz what if they lose in that bet? If it is avoiding money laundering, there are many ways to do so such as simply putting their money in this blockchain. The only problem they would get is not being able to withdraw all of it in a single transaction 'coz your bank would be larmed. So atleast it would be hidden from taxation. |
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Would be a wonderful experience I believe, based on those gamblers who've been in it. I am one of the guys here who haven't experience playing on a cruise ship. Actually, I did not even know there's such thing but for sure it would be luxurious to do so. Will I have plans? Since it sounds expensive, I think I would be fine just playing on web 3 platforms. Not also a gamblers who is really passionate in this industry but I admire those who does. One reason why I won't be planning to do so is that, I want to enjoy my cruise experience more than to sit, play, and lose all throughout. Just proves that we do have different ways to enjoy things.
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Things would be the same. Whether you bet before the game or during the game, you won't have a guarantee that you will win. But sometimes, betting on live workss and helps gamblers to decide a bet. The downside on betting on live is that odds tend to change faster because bet comes after another. If it is game winner I'd say it would be much better to bet before the game as with pure speculations. But betting live would give you a hint however lower odds and lower winnings for sure.
Go with what best works for you or which would give you better feeling. Betting on live is nerve wrecking simply because you will see every point to count. And you know to yourself that as long as tge gaame has not yet ended, anything could happen.
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You are absolutely correct but let's not forget that what people are saying on the social media also have other hurtful agenda, if we can use social media to spread news about how wonderful Bitcoin investment can be, then we can also use this same social media to lure people into money traps and steal from them.
Instead of doing your own research on anything you decide to listen to people and make decision on what you are been told, it's the same way the media is brainwashing the masses, it's the same way religions are use to put millions of people in sleeping state where they don't know what's going on and yet same religion is the cause of major wars happening in the world since years ago.
The best advice I can give anyone is never make investment decisions based on what you are been told, learn to do your own research on your own, and remember that it's easier for bad actors to teach, they are doing it because it's favoring them one way or the other.
It's possible that they plan to use you.
Exactly, social media could be a good thing to spread news worldwide for everyone to get information. But it doesn't mean it would only aim for the good thing, of course there would be a negative effects as you've mentioned like scams. Plus if we could look into the new generation nowadays where they are already connected to media, I have observed their behavior which most of them are from the social media, it influence them to do things despite the age. It's the same way from the Bitcoin, if you're gonna follow something online despite the there's no fact check and having a background check then probably you could get scam. Good thing to do in situation like this is to invest to yourself with knowledge, we're knowledgeable enough to differentiate fake information by just the sources. Social media has no direct responsibility of those scam instances but bad people's intention. Ofcourse it would be hard to determine which one but social media is jist a platform. Messages or contents running through it depends on who creates it and who reads or absorbs it. Scams would remain accusation until it really happened. Generalization and stereotype on the other hand are things which are not tolerated in any field of investment. If Social media is being used to take advantage of those who are naive of this industry, then people should be the one to make an adjustment. Indeed if one is equipped with knowledge, no matter what platform that is unfortunate events of such won't have any room to take place. |
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We are all trying to make a living here.
Yes, ann threads are to promote a specific project likewise with normal advertisements but a more interactive one. Difference is using personalities which are just popular. Meaning, audiences in ann threads of this forum are atleast aware of what they are engaging themselves with. Unlike with mainstream ads wherein some of the audience are just hooked because of the personalities used to run the ad.
But if it is, what's the point? 'coz it promotes gambling and gambling is an addictive activity? We all know that but no one pushes or requires us to engage into it,other than ourselves basically. It would take one's initiative to do so. If this is due to country limitations, still this is web 3.0 wherein governments has nothing to do with.
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I thibk it would be between sportsbetting and traditional gambling games, to determine which is played more. But I think if it is in web 3, Roulettes, slots, and other traditional gambking games would be more dominant on the topic. Reason I guess, is that a gambler in sportsbetting for sure knows how to play with other gambling games especially those who we became familiar as we grow up but not all traditional players are into sports. This is just my speculation 'coz I know some of my friends who are just not getting the fun in sports related gambling activities simpply because they are not into sports. Also, sportsbetting would take time whicb is a no for those who are not patient.
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I'm hoping to make more BTC so the more bets from now on the more chances of winning. I think that's what I'm going to do now before the bull run takes full speed.
Regardless of which game. To me, I bet on Soccer but I seem to have lost every day. How often do you win in Soccer games if you just bet based on odds by picking a team with 1.50 and 1.70?
Betting on odds right? Well in some cases it does work but not all the time. It is betying on the underdog team and to the majority, there's a reason why the other team is an underdog although it is not certain. This is somehow going against majority's opinion about a match and ofcourse if you would win in bigger odds, then returns would be higher. High risk;high reward concept. But if you're in need to accummulate big winnings and if you are ready to put money into it, I'd advise arbitrage betting more. It is a kind of scheme that a player would bet on every possible outcome of the game to assure winning on different sites. Just be sure to have the right position in order to avoid bigger risk of losing more. |
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Today I would like to understand and find out your opinion about the real value and potential of crypto games. I am interested to know how much they can change the gaming industry, what challenges and problems are associated with them?  You should have first clarify what crypto gaming is. If it is play to earn then it is not gambling but more of an investment. There's no betting procedures in p2e. The only some sort of gambling in such kind of game is lack of assurance to be profitable in a long run but that's way different. Would it have impacts to gambling industry? I doubt. If P2Es would allow betting in form of player to player match, it might indeed make more sense but that's not something new in gambling industry. It'll just be in form of another kind of game but p2p exists already in this industry for years. |
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Compared to sports betting, e-sport betting is much easier to analyze and study, which will help gamblers to be able to determine their favorite team and win matches. Especially in the world of e-sport, usually there will be several top teams competing, but there is one that tends to stand out more and this is what gamblers will usually choose. And as you said, in e-sports there are many choices which makes gamblers have wider options to be able to place their bets to win prizes.
Those people just bet on their favorite player or team because he/them are usually become a champion. There's no difference if you analyze esport or sport because you're not the one who playing the game or sport, it all depends on the player you bet. Both of them are same, you're relying on their performance, sometime you didn't even know who're playing in esport, unlike sport where they always show their line up one or two days before the match happen. Good observation regarding line ups as a distinction but it is because date of matches takes longer than with esports. Matches in sports are usually consisting of months before the actual match, depending on the tournament. But with esports, given that there are few teams in a tournament, the matches would only be determined after the previous one, up until the final game. Things are indeed the same wherein bettors are just speculating to both esports and sportsbetting. Another thing I have observed between the two is that odds are bigger with sportsbetting such as one is more dominant than the other (not sure if this is certain). Esports on the other hand often takes a shorter period of time to come up with result, so I guess preferences do also exist in this topic of interest. |
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I don't understand why a gambler also needs a signal or prediction to determine the bet. it's like you put your money for the analysis of your friend who has no money to bet. and you follow your friend.
it is too risky for you, and the group also makes no guarantees for bets that may be wrong or incorrect. why not do your own analysis to make your bet? I mean when team A and team B compete, you can see the statistics and determine your bet. I think that's also what people who share their predictions with you do.
As we all know there's no certainty with every bets. Those who are sharing informations would seem to be confident and not all gamblers has that. Therefore, those who lacks confident are more likely ones who relies their bets with those who are seeming to be sure of their speculations. It is somewhat sort of their solution to overcome losses, quite as well signs of frustration. Bet signals does not always win but somehow, if you'd run with real ones, their frequency of winning is higher than most individual gamblers simply because in groupss there are more people to brainstorm with data analysis which could create a better speculation than with the usual. |
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I believe that people's belief towards lottery has something to do with poverty as well. They know it would be impossible to win, there's even a saying in my country that you are more likely to be struck by lightning than winning a lottery. But why do people still continue betting? 'coz they know there's someone who won and they are simply hoping that oneday they would be that someone even if it is a punch to the moon. Lottery speaks for luck. And believe it or not, I know someone who won two times in lottery on my country. It was hard to believe at first but seeing how fast the transition came to their family, I understood why many people are too hooked up with it.
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Not a new thing and for sure there are more to wake up on the next months. One reason I guess, is the upcomming Bitcoin halving. For sure they saw the potential of such event with the previous one and they might be getting ready for something which is why they are moving some of their assets. Wow, I wonder if he found his lost keys or just really was holding them for 10 years. And if he decided to sell it now it's not the best moment to do that, lol. We'll see how it goes anyway.
The best thing a cryptocurrency investors can do is to make sure that you keep your coin for long time and don't rush or panic to sell out your coin, i believe that people who is into long term investment do make profit whenever the price of Bitcoin accelerate to a certain point that's above the level of the initial price you purchase the coin, it's very good for someone to invest for long term instead of short term investment. Depends on your vision and preference as an investor. If you're not patient, then long term holding won't fit on your end. You need to know which strategy would suit you well. Ofcourse it would be always easy to say "do not panic" but once you are in their foot, during a market crash, for sure you'd be affected by your thoughts of cutting the loss, those what if's and the likes. We are all prone to it as investors. |
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The real disadvantage that I see is the lack of knowledge from the user side. Alot of people still struggles with online transactions because of the digital payment system, some don't even know how to operate online banking app let alone pay with digital currency.
High transaction is one part of the problem, knowing to to operate digital payments is the biggest challenge.
Well, it makes sense but we are talking about general challenge. Knowledge with how this technology is being used and how it works would indeed be challenge to some users but if it is with group of people, perhaps small and big businesses, then factors such as transaction fees would be also given attention. And I agree with it. Bitcoin has an advantage over fiat when it comes to taxation but since transaction fees are becoming higher as well, then many people are not seeing this blockchain as a better alternative. Which is why Bitcoin is more being used as an investment than currency. I always make an effort to withhold my opinion regarding the use of Bitcoin transactions for goods and services when the market is rumored to be heading towards a bull phase. It's crucial to time your utilization of Bitcoin for transactions appropriately, but it's also important to note that you shouldn't engage in trading soon, as the primary objective is to accumulate.
The things is when there's a lot of transaction in bull or any day, it would be a hassle for the Bitcoin to use as transactions due to traffic of the process. It would be a good to use Bitcoin as an alternative mode of payment or transaction but there's also cons like that. And true if you're in a business you should plan to not engage in the market as you use Bitcoin for your business. It will just makes thing complicated and inconvenient. For now it need some improvement to settle up the fees so that this coin can be use on business sector as alternative mode of payment since its really bad if we experience high fees condition since we can't do anything since it will just hurt there business if they decide to continue and just pay those huge fees since it take huge part on their profits. I guess they should add alternative alts if they plan to add crypto so that costumers may have different options if network clogged and high fees exist. Huge fees are also dependent with the exchanger you are using. Third party or centralized exchangers would obviously cost you more than what's supposed to. Aside from TX fees, another challenge I guess is volatility especially for businesses,needing to sustain their daily stocks especially if the market price is falling 'coz it would result to loss on their end. |
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We're done with the covid issue and if not, things are way better now. If this is the only reason you see to why Bitcoin would be an alternative mode of pyment, then it's a no. First of all there are fiat based digital currencies which are more supported by different countries because they can regulate it unlike with cryptocurrencies. In the future, I believe that this technology would be acknowledged by more countries as an alternative payment but it'll be a long progress before such thing happen given that there are still issues being considered to do so, at the present.
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This will happen after 100 Years for Sure. In every country there's always a place where cash/fiat never dies - Public Market, Transportation etc etc. Venezuelan Bolivares is a living Testimony of a corrupt government, and a country without cash will just be an Imagination. Bitcoin would be nothing without cash. Coexistence is more likely and more possible to happen if things would go smoothly for this industry.Some banks are now giving opportunities and consideration to this blockchain so I guess things aare still improving for this industry. |
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Since they couldn't suppress Bitcoin, some banks are now endorsing investing in it. I remember seeing that I could buy and sell Bitcoin (and other cryptocurrencies if I remember correctly) straight from my business banking app when I was working on financials in some company a while ago. Now I wonder, do they just want to enter the market and profit off of it or are there some other intentions? Since they offer an exchange for business users, could it be possible that the system could be used so the government could tax Bitcoin by taxing the company investing in it through the bank account?
Maybe I'm overthinking this, but when banks are involved with Bitcoin it always seems like an attempt of gaining some sort of control over it or push it to be more centralized in some way. And seeing more and more of them getting involved doesn't comfort me.
What do you guys think, should banks even be in 'the game'?
The best approach I do think that Banks and other financial institutions should follow is to find a means of leveraging this technology or tapping into the system, and If things progress and the Government did not place a ban on Bitcoin globally, There may come a time when people may choose to buy almost everything using Bitcoin, when most businesses are accepting Bitcoin as a means of payment, then the use of local fiat currency for transactions will be on the decline, Thereby resulting to Banks losing customers and money in this case. Won't be easy as it sounds. Banks are after adoption of this technology because of profit. When it comes on governments, then that's taxation. But's that is how things really work, as we all know. Banks are now adapting to this blockchain by means of a third party wallet as they offer to potential investors. Ofcourse engaging to their platforms would cost you more than the usual because it is their servicd which is being paid. On my end, I'd more engage with centralized exchanges than banks solely. But looking at the birghter side, more institutions would be interested as well towards this industry. |
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