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1381  Economy / Gambling discussion / Re: Type of gambling and Intelligence on: December 15, 2023, 05:26:18 PM
No one is stupid, there are also people who are lazy and people want to try. and the type of gambling they choose and what they play, it will show whether someone is lazy enough or not. and gamblers who are lazy enough to try to increase their chances of winning in their gambling activities, they will choose the gambling that is easiest to play, without going through any calculations or analysis. And that type of gambling is slots. Because slots are the easiest type of gambling game to play, but unfortunately the chances of winning are very small.

Meanwhile, for someone who is willing to try, they will choose a type of gambling that can give them a higher chance of winning, even though to get this win they have to carry out quite a complicated process, such as doing match analysis.

That's just a basic perspective, because someone is lazy and careless, they will try all kinds of gambling. However, when they do calculations or carry out analysis, they do it carelessly.

Analyzing games out of laziness wouldn't be effective and it signifies the player doesn't have the intellectual capacity to consecutively win games. Lazy gamblers have less knowledge of gambling compared to other responsible gamblers, and a good number of lazy gamblers end up becoming too attached to gambling. A slot game is preferable for this type of gambler as no skill is required to play the game, however with attentive observations, the player can be a bit ahead of the house, but lazy players will stay behind, therefore having losses. Initially, they want to invest little time analyzing games to get the fun immediately, but with loads of losses, the gambler ends up feeling sad. But, if they are careless about the results; win or lose. No problem. Slot games can be enjoyable for such a player who plays with no strategy and only wants to feel the video game thrills. Being able to control his emotions and manage his funds, are the only requirements such a player needs to continue staying responsible as a lazy gambler.

But, with the few precautions he's got in mind for staying money-conscious regardless of his laziness in being observant in building winning strategies, he can be considered an intelligent gambler. Who isn't concerned about the wins? The scenario can only get worse if the player is careless about managing his funds or limiting his gambling time duration. He'll only face more difficulty in gambling and spend time struggling to understand why he's losing too much time and also in another gambling condition; addiction. The intellectual aspect of gambling is very crucial in saving newbies and professionals from multiple mistakes. That doesn't mean the players, lazy or hardworking, wouldn't win at the time of gambling. The clear difference is that lazy gamblers with no courage to follow a gambling strategy don't know how to manage the won money. They lose control and wager it all without taking a single profit. That means all their money both wagered and won goes back to the house.
1382  Economy / Gambling discussion / Re: Type of gambling and Intelligence on: December 15, 2023, 09:50:38 AM
A gambler's intellectual power can be determined through his winnings in gambling. In the above-listed games, mathematicians can predict games correctly and get more wins. As the odds behind the scenes are also calculated with mathematical formulas. The difference is that anybody can gamble and win, despite having zero knowledge about gambling. In this case, their instincts are questioned to be extraordinary. However, since consistently winning in gambling isn't a simple task and those who win always feel a bit more intelligent than the losers, it's safe to say, to win, gamblers need to be intelligent. Aside from academic intelligence, gambling requires strategies regardless of our level of education. Professional gamblers who have been gambling for significant years will still have a great knowledge of what works or doesn't in gambling. Using these factors winning gambler has some intellectual advantage in gambling, that helps them stay ahead of the house.

Although, it should be known that gamblers will lose out. Hence they need to apply precautions even with their high intellectual ability, or else they can still make mistakes. Looking at the aspect of irresponsible gamblers, you'd notice that they have lesser gambling-related knowledge. A high number of addicted gamblers spend time gambling without being observant or paying attention to the way the machine works. Following the few gambling ethics and strategy still requires intelligence. Not getting addicted, limiting the amount of money we wager, understanding gambling is for fun, and critical thinking are all characteristics of being an intelligent gambler. So, the importance of gambling is being calculative and observant so as not to make heartbreaking mistakes. The addict could be highly intellectual in other fields of life but somehow wasn't educated in the gambling niche. Therefore, they lose more and can't help but continue to lose a big amount of money in gambling.
1383  Economy / Gambling discussion / Re: Target your wins in a series of bets on: December 15, 2023, 09:10:12 AM
One way of approach is to focus on winning certain number of bets in a series of bets. For instance, you can target to win at least 4 bets in a series of 10 bets with the odds being at least 5 odds. This way, you can lose 6 times and win 4 times yet you still remain highly profitable.

This is my approach and through it, I don't get depress over few loses. This method works for me and I feel it will also work for others. Your opinion are highly welcomed.
That probably be possible but you wouldn't know the outcome if you'll really hit that bet, that will totally depends on the odds/multiplier that you use in the end that matters. Well, a balanced mindset of the player will matter here too because you probably overlook the series of bets here if you already got 7 streak loss and you want to fullfil that 4 bets of winning. It's a matter of discipline.

Discipline only comes into play when the player is focused on stopping his gambling session after staking 10 games. Which is also a great strategy for any gambler who wants to manage his money. Risking our money with the strategy that promises 4 wins after playing 10 is not realistic. More like hoping that after 10 games the player is sure of winning 4 times. This mindset will easily get broken and the player loses control after 10 plays with no significant win, up to 4 times. He'd want to try until he hits at least 8 wins after playing 20 games. Believing maybe that luck wasn't on his side. Strategies like this don't fit right for any type of gambling, but sporting games are quite preferable for it. Using it on the slot will only cause the player to lose more and get disappointed for not winning the same way as OP promised. However, the goal is to remain as cautious as possible and these strategies most often fail the gambler.

A few losses don't get the OP depressed meaning he doesn't wager huge amounts. A nonobservant gambler who didn't go through Op's statements will try to win a huge amount by staking a significant amount, trusting that the strategy will get him 4 wins. So, Op's statement carries no power, and the strategy is just like telling people to play 15 games that the possibility of winning 6 times is 1. Visit a gambling house where people book football games and you'll notice that most gamblers stake money on every possible odd in a match and end up losing. The printouts are always too many that the player would feel sure of winning at least one game. But to his greatest surprise, none would yield him a win. I only prefer gambling technique that helps save money, not the ones that guarantee a win. In gambling winning is not guaranteed. We are only sure of losing money.   
1384  Economy / Gambling discussion / Re: The need for mental section or public orientation for new gamblers. on: December 15, 2023, 08:18:58 AM
so I'm thinking if it would be possible for a thread or sub board to be created in the form of a mental  orientation section that people can just visit and go through ethics of responsible gambling, share experiences and current challenges faced as a gambler. It could just be used for discussions regarding responsible gambling and do if ones goes through the board or thread, while starting or going about his gambling, their will be check in his jar it as a result of peoples lives experiences he has read.

How many number of gamblers come to this forum day by day I mean not already existing members of the forum but those who just come in here as a result of them wanting to start gambling, you will see that the number is less which means even if such orientation is to be set we only don’t such active here but gambling sites or government of some countries should make it necessary to educate the youth about the danger of gambling addiction if possible they can be sharing flyers and banner with detail information about testimonies from experience gamblers so that they can learn from there.

Ads on gambling sites and casino regarding such could also be very helpful as they can just pop up on users face when ever they want to visit any casino it will not be left with them to either study about what have been shown to them or play a blind eyes to it.

I don't think you're right with the first few lines of your response. This forum is a high DA site and any thread shared on this board ranks immediately on Google. People who search using the keyword associated with the topics in this board visit this forum in enormous numbers. The forum generates over 1 million visitors each month. So, don't think that only a few people visit the gambling board, the gambling board is a place where visitors read reviews on different cryptocurrency casinos before depositing money into the casino. Your other suggestions are great. Governments in countries like Australia are working strides ahead to help mentally disordered gamblers suffering from addiction. Such people need adequate attention to save them from this struggle. Many harm themselves physically by wasting funds meant for other financial responsibilities on gambling. Depression and anxiety eat their joy up and leave them lonely and neglected.

In the society of today, people are offered different forms of difficulties from hikes in prices of commodities to low weekly salaries. They'll hardly focus on helping depressed gamblers. Instead, they'll blame the person for their problem, which puts the addicted gambler in a more severe problem. Even when in therapy the gambler still has to suffer from the treatments he got from close relatives who neglected his problems and didn't care for him. These challenges also push the gambler out of therapy, as he'll think nobody would be able to help him except himself. Gambling addiction isn't a type of addiction to cure alone. So, the sharing of flyers in society could only have a minor effect on helping mentally disordered gamblers. It can still build up the number of addicts in society, as, no bad publicity. Whether it teaches the disadvantage of gambling, publicity remains publicity, newbies who haven't heard or read of gambling would give it a shot. Take sexual intercourse for example, the more its disadvantages like STDs are spread across on radios and TVs the more people engage in it.
1385  Economy / Gambling discussion / Re: Have you seen gambling advertisements on TV? Opinion. on: December 15, 2023, 07:40:39 AM
~snip~
Exactly, you will guide your child so that he does not go astray. We can't really avoid introducing gambling to them now because there are many influencers out there or others promoting it. Others can also be found in add-ons so please always be careful in your actions.
With guidance from their parents, we can direct them not to gamble. We have to be able to explain gambling clearly so that they don't get the wrong information. We can also set the device not to display advertisements that are not suitable for children so that these advertisements do not influence them. And don't let them use their devices for too long because that can make them lazy to do other things. If they are too busy with their devices, they will not care about their surroundings because they are more concerned with their devices and updates from their social media.

Spending long hours on screen is not encouraged for both adults and kids. Eye straining blurs the views of kids, growing up. In the process, if not attended to the parents will have to spend money treating eye problems. Gambling ads will pop up for kids and not all would bother asking what it's about. They'll look it up on Google and when they discover it's a game, the child would want to participate. Parents are required to keep a close look at every online activity a child gets involved in. Neglecting a few observations on the kids exposes them to lots of dangerous ads that go beyond gambling. And can destroy the future of the child, due to the loads of fake information he'll be feeding himself. The ads we see on stadiums can't be regulated for kids. Both those watching on television and the kids in the stadium get to see the ads. If they insist on knowing it's quite an advantage to help that child understand the age requirement for gambling.

Just like in the case of beer, kids see those ads and don't bother about drinking it as it's obvious the drink is not for children. I deem it right for a child to be outspoken in asking such questions to his parents rather than Google. On the other hand, parents should build a strong relationship with their children such that they'll be able to ask questions directly to them. It'll reduce the rate of time they spend reading answers on blogs. Helping them focus on other real-life activities like spending time with fellow kids in their environment. Though the environment isn't safe too, we should keep up with our close relationship and ask calculative questions to the kids on the outcome of their daily activities. Other than watching football games a child wouldn't see too many gambling ads. They can only see gaming ads on cartoon channels and also develop an interest in playing video games until they get to the appropriate age of wondering about gambling or participating in the game.
1386  Other / Off-topic / Re: Why the rich win gambling more than the poor. on: December 14, 2023, 11:53:54 PM

I am not rich but I do win from time to time and I have a poor friend who I consider so lucky because he won many times in horse racing so now he is not poor nor rich but he is proof that rich or poor your chances are all the same, no category in life has a monopoly when it comes to gambling.

The only reason it seems the rich has more chances of winning is because of the difference in their bankroll, the rich has a bigger bankroll so when they win, they win way bigger than the poor but regardless that, the chances are and odds are just the same with the rich as it is with the poor.
I also know of a rich friend of mine who's a gambler, he called me up one morning and told me he was gonna quite gambling for a while because he's been loosing quite a lot in gambling lol. So even the rich are experiencing the same losses and winnings as much as the poor are experiencing it, the difference is just in the bankroll.

Sometimes I even think the rich loses more because since they have a huge bankroll, their losses also comes in massive amounts and they tend to loose much more money than the poor who has a small bankroll.

Similarly, it increases their risk of losing lots of money in gambling. Wagering huge amounts of money reduces their wealth real quick and the win they get via gambling also goes back to gambling. Beyond betting the rich have better-paying jobs that yield them huge amounts of money. And they don't gamble for money anymore, most of them prefer gambling for the fun. But, I've heard of rich gamblers who went broke through gambling. Most especially those gamblers who got rich in gambling; the jackpot winners. A rich gambler who isn't careful with managing his wealth can make similar mistakes. Rich or poor, it's of great importance for a gambler to be careful about the way he spends his money, gambling. Reckless gambling knows no boundary and can affect anybody. On the contrary, like you said, their wins are always big, because of the high roll bank they've got. Which sounds or looks like the rich win more than the low rollers.

That doesn't mean that a low roller won't win big with little amounts. It depends on the odds he plays with his budget. So, if the rich gambler doesn't understand the right ethics of gambling and the strategies required to maintain his wealth. He'd regret gambling. Addiction could spoil his business productivity and leave him with only gambling activities. Although the rich and skilled gamblers always make big profits in gambling. For instance, by wagering a hundred thousand bucks on a single football team to win, the rich player has a better chance of winning the game and gaining more money. While the low roller would have to spend a few bucks on a few more games, reducing his chances of winning. In sports gambling, the richer players have better chances of either winning or losing big. But in slot games, it's very risky for any player who doesn't follow good gambling strategies.
1387  Economy / Gambling discussion / Re: Passionate gambler keeps the gambling boards rolling even after retirements on: December 14, 2023, 11:19:09 PM
All these are literally what passion for gambling could be but yeah, this said gambling festive organiser happens to be a retired gambler.
From your story, those who gamble come from far away places and I'm sure those who take part in gambling are not only aiming to win. It's an activity they enjoy. they hope for victory in what they love. So even if they don't win, they won't be too disappointed because they will come again when the event is held again in the future.
addicted or not, I think they spend what they can. and that won't be a problem. the activity is sure to be fun.

When a clique of old men wants to reunite with a gambling activity, it's only fun and wherever they find themselves they'll be glad to meet their old friends. For instance, if a group of young boys who love playing video games together, grows up to live in different locations, they'll always feel happy to visit each other and play games together. The same applies to the elderly men. And it helps them to stay happy and build their brain power. Discussing old events while enjoying the fun of gambling together is quite memorable. I don't think anyone would be disappointed served with all the fun and passion this reunion brings into their life. Moreover the money wasn't contributed by any of them. The man single-handedly sponsored the festival, so nothing to regret. If every other gambler thinks like this, that check through all they are to benefit from gambling, they wouldn't suffer problem gambling caused by the anxiety of feeling regrets due to losses.

Gamblers should consider it as a way of sponsoring themselves to stay happy and enjoy their day, after a stressful week at work. The only difference is that the aforementioned game is dependent on skills. Only the highly skilled players would win, due to their fast and calculative moves. Unlike the type of game we gamblers play online, which relies on luck and precautionary skills like money management. The fun of the checkers game is that a player can wager a huge amount on a player they know isn't skilled enough to win them. So, when the game is over the loser is expected to up his game and try again next time. Maybe at next year's festival. You'd then understand why these men come back to play is, also, to show their previous winner that they have increased their skill. Grin Playing games in this way won't lead gamblers to addiction. It's quite fun to watch these old men play drought.
1388  Economy / Gambling discussion / Re: The need for mental section or public orientation for new gamblers. on: December 14, 2023, 10:51:51 PM
Setting up a mental health board in a forum where there are no or few mental health practitioners or psychotherapists to help addicts, won't offer enough help to the victims who complain in the section. I'd suggest that the gambling discussion board is enough. The general discussion would help the victim and also maintain the fact that the instructions or discussion isn't from a professional, but crypto enthusiast interested in gambling. There are lots of gambling sites where therapists share ideas regarding addiction. Gambling addicts can easily visit the sites, it rank on Google's first page in the mental health keywords. Op's idea is great, but gambling addiction isn't something that a substandard contribution on a Bitcoin forum would be able to solve. I mean it's rare for an addicted gambler to get a cure through online discussions. Even the mental health sites can only share a few first-aid ideas and then redirect the victim to a therapist.

Therefore, the board you want to be added to the forum will only be less active, as every other issue regarding gambling; addiction, strategy, etc fits into this board. However, addicted newbies feel reluctant to openly share their problems, but could summon the courage to share it online. At least gamblers who have gone through addiction can share their healing process with the newbie and he'd begin to apply it in his daily life. Like any other response above, reading this board is enough for any kind of advice an addict requires to begin his healing process as a gambling addict. In a nutshell, I'd prefer that they undergo this process with professionals in the mental health field. Which will speed up their healing process. The advice shared here is of different perspectives and not all would be useful to the addicted player.  And he'll have a hard time choosing whose advice to abide by, or hard time winnowing out the useful ones from the loads of advice that'll be shared.
1389  Economy / Gambling discussion / Re: Gambling and Behavioral Change!!! on: December 14, 2023, 10:26:01 PM
Surely it does effects our behavior. Before gambling I used to be happy, polite, caring towards others. But after gambling became a habit I started to become repulsive and aggressive towards others. It made me somebody totally new. It was due the the fact I lost many bets. That made me and my mood very angry occasionally. Sometimes I would vent out my anger in others even though they had no part in it. These kinds of behavior made me distant from my families. Only then I realized what I did was wrong. Later I had to change my gambling addiction and limit it under certain rules.

Exactly, change in behaviors is expected when you are already engage deeply in gambling, especially when you are in the losing streak I can agree to what you said, sometimes you want to point figner and throw the blame to someone who don't have any relation with gambling but becuse you can't accept the fact that you keep losing over and over, you are trying to find the way to blame someone and exempt yourself as liable with your actions.

But it's good if you manage to escape from that kind of addiction and you are able now to minimize or realize what you done wrong and you are on the side where you already place your limitation.

Escaping from this kind of addiction is not possible if the player blames others for his losses. Dealing with gamblers with such an ill behavior; the transfer of aggression, affects the happiness of the people around him. Society loves to be safe from trouble, hence a gambler who attacks the happiness of others, after losing huge amounts in gambling, won't be loved. Distancing from our loved ones to a place where we'd hardly see people we know could help. Just like in the case of Goxcraft. Yet loneliness can be dangerous for the addict, as he'd pass through too many hardships, struggling to change. Going to therapy would help as they have new ways of healing gamblers in this state of life. Giving them assignments or tasks to complete. Endeavoring that the addict meets up with therapy sessions, could help him change. And redirect his actions to something better.

Staying lonely only puts the addict in a situation where he thinks nothing can be done to save him from the problem. That's why an addict who distances himself from loved ones and still gambles won't be able to change. Sharing our pains with others is also a reasonable method of changing to a better person. Whenever we are alone, we tend to keep ourselves busy with gambling. Therefore reducing our funds and risking our finances. Which isn't a great idea for an addict. Taking loans can be his next decision. Worsening the situation and increasing anxiety. So, the best thing is to get to this stage of addiction in the first instance. Not everybody would be lucky enough to escape it. Gambling addiction is very hard to cure, and therapists know this, as it'll be hard to switch the addiction to something else. Our main goal as gamblers is to derive joy through gambling, any opposition to that would introduce anger and tough days in the life of the gambler and his loved ones.
1390  Economy / Gambling discussion / Re: Target your wins in a series of bets on: December 14, 2023, 10:03:10 PM
I just felt I should bring this up here maybe it will help someone in managing expectations and the entire gambling process.

From experience, I have realised that many people run into problems when they focused so much on winning a particular bet amd when such bet fails, they easily slide into psychological crisis.  Considering that gambling is a game of probability with the chances of losing higher than that of winning, it is therefore expected we work out ways of approaching it so we can remain profitable.

One way of approach is to focus on winning certain number of bets in a series of bets. For instance, you can target to win at least 4 bets in a series of 10 bets with the odds being at least 5 odds. This way, you can lose 6 times and win 4 times yet you still remain highly profitable.

This is my approach and through it, I don't get depress over few loses. This method works for me and I feel it will also work for others. Your opinion are highly welcomed.
Like seriously? However, there is also a possibility that either you lose or you win, most times we don't have to put winning in our mindset when ever we want to gamble but it is very hard to do so.
What I think you are saying is it will be more better if a gambler stake on 10 separate games that has at least 2 odds and above or lower, maybe 4 might be won, that's funny though but i can say that there is a possibility that you might still lose the bet.
A gambler can not study odds even if he or she take the whole time he or she has, however this is just for only those that are betting on sport, like me.

The bookmakers work on odds with analysis from the best mathematicians and statisticians in the gambling company. They tend to set odds in ways the casino would be on many profits regardless of the winning team. The smaller teams with lesser winning history have high pay for players who wager bets on them. Considering that only a few number of gamblers spend money on smaller teams. The casino earns way too high profits if they win. Hence, Op's method is quite very risky because most people who don't understand how to place games according to the available odds will lose out on all their predictions. They'll always go for a bigger odd or the big team with a high possibility of winning. Forgetting that it's a sports game, anything can happen in the field of play. However, whoever wants to utilize such a predicting strategy should do so with a lesser amount of money to stay on the safe side.

 And also remember to take responsibility for any result that occurs out of the decision. On the side of slot players, this strategy won't work. Unless the player decides to stop after his 10th round on the game, he won't be able to predict what's his fate in utilizing Op's strategy. He claims it works and for that, it'll be profitable for others. No doubt he could be seen making profits using his strategy, but other gamblers may not understand the basics, of how Op could be able to succeed using this strategy. Devising our strategies is important because it feels good to win through a unique strategy exclusively made for us. I don't encourage the sharing of strategies that promise gamblers winning. The method only causes more harm than good to the gamblers who adopt the strategy. Twisting new methods out of other's own could be a better way of creating our gambling strategy.
1391  Economy / Economics / Re: Luxury and spending lifestyle fastest way to poverty rich kids on: December 14, 2023, 09:40:14 PM
The ants are wiser than many of our youths because they understand the principle of life without them being told what to do, some people were already privileged to make money and gather wealth, yet they will scatter the whole thing by their hands for nothing sake, this is how they do so by living exhorbitant life today and begging tomorrow for a survival when they got broke because they have wasted their time and resources from the past.

Not here to compare the brains of ants to those of humans, but their brains are tiny and focused on what to do. Humans have large brains and huge responsibilities allocated to us. Hence, it's not simple to get past the challenges behind the lifestyle we find ourselves in. A rich kid with his exposure to wealth at a young age, is also allocated responsibilities to tackle, growing up. Most kids face the challenges of having to deal with the wants of their parents. Parenting rich kids requires too many principles and few parents always treat them the hard way. They're expected to go the route their parents want them to go. School, traveling abroad, and expensive lifestyles are under the supervision of their parents. Many kids on this radar don't have a say and their opinions contrary to that of the parents are frowned upon and they get punished. Some may not be given pocket money or gifts. Lack of parental care affects them emotionally, their parents don't have enough time with the kids, and they only focus on generating money.

Attending business meetings. Hence, these kids as adults have to deal with all the challenges revolving around their personal lives. Depression affects some of these kids, despite getting everything on a platter of gold. Haven't you noticed that in a family some kids are not given enough love like the parents give the sibling who follows every single instruction issued to them by the parents; good or bad? Troubles emerge when one tries to follow his own decision. While the parents stay alive, they'll get a limited luxury lifestyle like others in the same family. If the child continues with his own goals, he nearly escapes all the troubles his siblings would undergo after the departure of their parents. Hence, those who didn't care about living a remarkable life would go broke as their parent's wealth would stagger due to their lack of monetary control. The children of the rich man, when he's gone, would sell his properties to keep up with a lavish lifestyle. Putting himself in a more difficult life.
1392  Economy / Economics / Re: One of the biggest problem in our society is that average person don't have on: December 14, 2023, 09:13:38 PM

Cryptocurrency is here no restrictions no limits and only your imagination how much you can earn.

You still need money to have cryptocurrency so if you don't have money it's the same as you won't be able to have cryptocurrency, indeed there are other ways to have it other than by buying like in this forum following bounties, airdrops or some other way that generates income but that's not a common way to get crypto because not everyone has access to get it through this forum, so the way of income is to be able to buy crypto. So work to make money and use the money to buy crypto, especially Bitcoin, which has the opportunity to give you a profit because the price rises.

Cryptocurrency is a payment medium for services and like fiat, we also need to work to earn bitcoin. Gone are the days when people could mine bitcoin with their PC. These days getting bitcoin isn't as easy as before and an average man with no money can't have bitcoin. Decentralization is only about the ledger not being handled by anybody, not that anybody can access bitcoin. If not all humans would be rich today. Getting loans in bitcoin still requires collateral and trust. In the forum, a member must have proven to have a proven track record of trust and consistency to get loans. He doesn't need to explain what he'd do with the money. Defi projects also need collateral submitted first before approving any loan. Hence, money has limits on who can have it, based on trust. Nobody gives money to a stranger who can freely go away without returning the loan. So restrictions revolve around money; bitcoin. Only the rich can afford to buy bitcoin in large quantities.

The average person's imagination must be reasonable and unique to earn him bitcoin. Rendering substandard services wouldn't generate bitcoin for an average person, despite being imaginative. In recent times, the government has lent out money on different bases, especially for agricultural purposes. The only requirement is showing that you're a farmer. The only dispute with taking a loan is not having a substantial reason for what the money could be used for. Looking to build a hotel, the bank will easily hand out loans, once it's confirmed that you've got a large land. Delaying the payback frame the bank can easily take over the hotel; run or sell it to recover their money and make profits. Many loan proposals are being declined if the reason sounds fishy to the bank management.  Banks easily send loans to local businesses with the potential of succeeding. Don't know where Op got his insights, was it expected that loans will be sent out without being reviewed?
1393  Economy / Economics / Re: Do you still use Banks ? on: December 14, 2023, 08:36:36 PM
I don't understand where you're going, do you depend on your bank for loan or what cause why will you expect your bank to provide loan for you or what. I have never seen anyone making money from the bank monthly, for now I use my bank for transactions why will I even use crypto for transactions when most marketers in my locality will not accept crypto for payment and it's very rare seeing a trader that accepts crypto.
I prefer using bitcoin as a means of investment and not daily transactions, I can't do without my bank due to my area, although banks doesn't give full assurance if your money is safe or not now when most bank workers are into fraud but if anything happens to my money the bank will be hold responsible.

Dealing without the bank will limit our level of transacting with people. Fiat is needed to settle local businesses and clear bills. Bitcoin hasn't gotten to an era where users can easily trade peer-to-peer with vendors in local markets. Bankers may have illicit players in their midst, but the funds are safe. Although the inflation rate keeps dwindling the value of fiat, running away completely from using banks won't help some bitcoin investors. Holding money in bitcoin and spending the few fiat we earn is the right step to take. However, we have to wait until the usage of bitcoin gets too viral like the fiat before we integrate bitcoin as the only currency and neglect banks. In some countries where bitcoin is illegal, trading bitcoin could be a hassle. Cooperating with OP's idea will only cause stress for the bitcoin investors or traders in the region. Selling bitcoin successfully needs the bank to receive the money in fiat. The trader then gets to withdraw and spend.

The only alternative, though stressful, is consistently redirecting our bitcoin sales to the vendor's bank account, then the bitcoin user can move to the store and get an equivalent of his money in items sold in the vendor's store. This method will reduce the rate at which the bitcoiner touches fiat money and needs it. But, considering the numerous utilities that satisfy the needs of a human, one vendor won't be enough. Buying gasoline, paying parking lot fees, helping the less privileged, etc will only ruin the dream of dealing with bitcoin, alone. The bitcoiner won't continue stressing the trader to always help him forward funds to any vendor he meets. Considering the rate of bitcoin fees, in recent days. Contrarily to purchasing products, banks seem less important in saving money for a bitcoiner. Because he doesn't make enough profits saving money in banks compared to doing the same in his wallet. If the goal is to save or hold, then banks are not needed. As for daily transactions, banks are still important.
1394  Economy / Gambling discussion / Re: Can old generation cause the habit of gambling in young generation ? on: December 14, 2023, 07:27:49 PM
There are some old people in my family which are paying cricket fantasy games. They usually talk about the games and their performance is matches almost daily. It is obvious that if any younger guy in family will listen about this, he will also be eager to know more about this. How can I stop the younger generation in my family being carried away by this and focus on other important things like studies only ?
Your only move here is to give them warning that gambling isn't for them to explore yet and that it's not a fun thing to be a part of it at a young age, as others have pointed out already, let them fuck around and find out, let them learn the lesson themselves, you've guided and warned them already, there's nothing that you can do from then and there. Or if you're the assertive kind, you can always just tell those uncles to stop talking about fantasy games when there's a function in the household and that kids are nearby.

I don't think there is much we can do to help our young generations. Environmental factor is playing a vital role in your situation. We cannot just make it not exists. If old people are doing something that may cause young people to get involved in gambling then we can try to tell the old peoples. But I  doubts that will make them understand you. The generation gap is here very big and trying to help the children won't do any better. If the elders aren't listening then why would the young would.
That's not the mindset, there's a lot of stuff that you can do that can influence the younger generation and not all of them have the same approach so it looks as if there's not a lot that we can do, when it comes to gambling it just so happens that guidance and prohibition is the only thing that you can do with too much prohibition being such a bad idea because kids will just try it anyway. Even if the gap is just too big, they're functioning adults already so they have enough brain capacity to read the room regarding this kind of stuff and wisdom doesn't come with old age so even if they're old, that don't automatically make them correct.

At 13 years a child's decision is his and the blame goes to him if he ends up making the wrong choice. Gambling isn't for kids under the age of 18. A teenager below the required gambling age bracket in his country is expected to abstain from participating in gambling. Insisting on going against the rules would be to his detriment. The duty of his parents is now over, and all he's been told about gambling at a younger age should be enough to guide him not to gamble recklessly. Then if he decides to gamble after 18, it's right, but demands adequate supervision from his parents. Mistakes are around the corner for teenagers who choose gambling at an early stage. Parents shouldn't fight their kids over gambling, instructing the young lad is necessary in helping him avoid addiction. Aggressively resisting them from gambling would improve their secret gambling activities. And the parents won't be able to detect when the child is on the wrong gambling path. Looking into the environmental factors, matters a lot, as all growing youth have multiple lessons to learn from their environment; now or later.

Winnowing out the good and bad factors is the duty of the parents. Kids don't know much about a few things; pros and cons of gambling. Money talk sweetens the ears of every child. Purchasing new toys triggers their interest in finding quick means to earn money. Kids are handed out mobile phones to communicate with parents, when out of home. Parental guide on the phone is great, but kids seem to bypass them with a few tricks they'll learn from schoolmates. Hence, the child can gamble on the same phone his parents are supposed to receive notifications from Google that his ward is visiting prohibited websites. Keeping a close eye on the child helps in catching him when cheating the parental control rules. Parents are expected to work very hard in monitoring the internet activities of children; no excuses. While the environment, school, peers, etc add a new attitude to a child, parents are expected to review those behaviors, and then decide whether to remove or allow them. So that as an adult, the child will not be welcomed into a more difficult world.
1395  Economy / Gambling discussion / Re: Target your wins in a series of bets on: December 14, 2023, 06:54:33 PM
What exactly are we looking for in the betting and gambling that we do? Profit or fun

And what makes you feel happy is only when you get a win. While when you get a defeat, you immediately feel sorry for it.  Which in the end results, makes you more stressed and frustrated.
Indeed, the name of the effort to get a big win in every bet and gambling that is done is necessary. But we should also not be too focused and too ambitious to get a big win when doing these activities, and hope that you will win every betting session. Which ultimately leads to loss and regret.
Betting and gambling are for enjoyment, not regret. So when you place a bet, in addition to trying to increase the chances of getting a win through an analysis that you make. but it is important for us to always enjoy every betting session that we do, so that this activity becomes an exciting thing through a sensation and challenge that we get. regardless of whether at the end of the game we will get a win or a loss.

Following multiple gambling strategies shared in this board, a gambler may end up not enjoying the fun of gambling. Staking games 10 times and expecting 4 wins is not realistic. The wins differ per session and gamblers hoping to win a certain time in a series of bets can be disappointed when the choices don't appear as planned. Calling this type of player investment players wouldn't sound weird. Money spent on gambling is meant to be forgotten, but lots of gamblers can't help, but think about their lost funds. They keep calculating in their mind, ways to get them back. Try again is the best possible answer for them, and no other answer like taking a break suits their expectations. Next thing, you'd notice the anger written on the player's face for losing one more time, with no positive result of getting his funds. Realizing that these occurrences aren't supposed to bother the player is the idea behind gambling.

Staying focused on our daily work and improving productivity to make money and increase our income is quite the focus of anybody. When redirecting this focus on gambling it'll curtail the dreams we've got for other real-life activities. This leads the gambler to feel weird about himself, whenever the losses keep piling up. Watching others win also contributes to irresponsible gambling. Gambling streaming influencers have made newbies jump into gambling without any prior information about what the niche is about; how the money is meant to be managed, time limitations, and responsible gambling. They'll chase the wins like they appeared on their screen when watching the streamer play. Silence also has kept gamblers to remain addicted, trying different strategies that won't work. Speaking up helps gambling to figure out ways of surviving loss chase. Not saying OP's methods ain't great, but they won't work for other, even if the chances of working for him, OP, is also slim. Being realistic in gambling; staying happy and gambling for fun. 
1396  Economy / Gambling discussion / Re: The shorter the time you spend the better on: December 14, 2023, 06:22:00 PM
Spending a short time on casinos is a strategy that works for newbies. Consistently limiting our gambling duration helps in the creation of a responsible gambling habit. The self-control of a newbie can be tested by how long he'd continue to keep up with such practice. Certainly, time limitation doesn't guarantee any win for the gambler. But, saving our money, is also a form of earning money. Gamblers who spend more time gambling lose additional money compared to the gamblers with lesser gambling duration. However, it also depends on the type of gambler as some gamblers don't require a longer duration to wager all their money.  Any gambler who is conscious of the time limit should also follow good principles for managing money. Missing one of the two factors, time limit and money management, would result in wagering a large amount of money, thereby reducing all the money in a short period. Less concerned gamblers can wager thousands of dollars in one bet and due to their lack of patience they'll lose out the whole money including winnings, within a few minutes.

Whatever gambling-related logic that seems to be the best, it doesn't apply to everyone. Regardless, the method is great, but lots of gamblers don't need, it because they'll want to gamble for a long time to be able to enjoy the game. Scared to lose gamblers would follow Op's good advice, which will also help them escape addiction. Hence, all gambler is required to manage bankroll, while following the rules of other gamblers in the community. Different gamblers with unique intentions and potentials don't share the gambling strategies yielding them more money. While time limitation is great for some newbie gamblers, top professional players try to limit their time in a long form. At least 5 hours limit, helps in controlling the decision of the gambler in a way that, any result he sees within the 5 hours interval won't terminate his rules on stopping immediately it gets to that point.
1397  Economy / Economics / Re: Luxury and spending lifestyle fastest way to poverty rich kids on: December 13, 2023, 05:24:14 PM
In my opinion, it is natural for parents to spoil their children because it is the right of parents who want their children to be happy. It's just that if they are spoiled excessively of course it's not good because it's likely that later they will depend more on their parents, by never having their own responsibilities, and of course this is not good.

I also don't think I can blame the parents entirely, because it's a common thing for all parents. If the children have a good mindset, maybe they can reject the spoiled actions of their parents and learn to be independent. So if they themselves have their own sense of responsibility I think they will learn everything independently.

How a child turns out to be later in his adulthood majorly has to do with his upbringing. And it’s the job of the parents/guardians to bring the child up right and straight.
It’s not natural for parents to spoil their children just cause they want their child to be happy. Parents who needlessly bend over to make their child happy always is cultivating irresponsibility in that child.

How can a child suddenly have a good mindset? When the child has been used to the good life, getting and fulfilling whatever desires that comes to mind. How can that child suddenly start to reject all the luxury given by the parents and strive to live responsibly and independently?
The parents of a child are a huge influence on how the child later turns out to be.

Impossible! the right answer to your questions. no way for a child to go against the luxurious training parents offer to him. Isn't it obvious that every human wants to appear good and luxurious? Tired rich men don't get moved by that lifestyle anymore, but kids are moved to enjoy the same lifestyle especially when sponsored by their parents. It's rare in most cases to find a child that'll do what Junder said in his response. But, if a child is superb enough to break free from all those lifestyles his parents feed him, he'd be successful in money management, or unsuccessful if his parents don't like him for his actions. Naturally speaking a child is what his parents teach him from childhood. The role of the parents consists of a high percentage of the child's adult life. Adults who visit places with different cultures and traditions can draft out a better way of living their life, but his beginning will hunt him. Blaming the parents isn't required in this situation, but the future of the kids is what presents a shame to most families.

Good-mannered children can come from a well-disciplined home. But a luxurious home consists of wayward children. Who rarely care about the condition of other people in their life. Figuring out a parent who is spending much more in maintaining a luxurious lifestyle for their kids and still controls them to be disciplined, would be the most tedious work in the world. As such kids will have a difficult time learning a disciplined lifestyle. Companions of luxuriously trained kids are mostly arrogant. Growing up with an arrogant attitude explains the home of the child. Some get discouraged by their parents not to set up a business. The cool-headed child who wishes to be disciplined and doesn't follow the training of his parents hardly gets supported by his parents, in terms of business. Such parents want to do it all for their kids, which ends up ruining the future of those children. Most of them fall back to the middle class or lower class.
1398  Economy / Economics / Re: Sea Piracy, it's effect on the local economy on: December 13, 2023, 01:34:54 PM
I've heard of this problem, and I think that it's important to focus on the roots of the issue and preventive measures (positive, not negative ones) to help make things better. So ships should not travel too close to the shores, disrupting the fish movement patterns and polluting the seaside where people rely so heavily on it as a source of food and work. It would also be good to invest, if possible, into programs that would help people from these regions to obtain additional education and skills and find reasonable jobs. Ultimately, piracy is having a very bad impact because people don't want to invest in a region where it's happening, don't want to risk going on a holiday there etc.

Investing in those environments is rare, because they stay far from the main town of any state. Although their natural ways of fishing may be affected, piracy isn't good for the economy. Ships are expected to be equipped with few naval officers to guide goods from pirates. Fighting the hijackers is better than paying those huge ransom. Pirates are also heavily equipped and fight well at sea, but when intercepted by the military Navy, the hijacking won't be simpler for them. Thereby reducing the rate of kidnapping and stealing of people's properties. Whatever it is they're fighting for, the innocent businessmen shouldn't suffer for it. Lots of money goes into those imported goods, meant to be marketed in the local market. Pirates spoil the market for many and hike the price of commodities due to scarcity. Imagine a country where a cargo of car tires gets intercepted by pirates and hijacked, there'll be a limited supply of car spare tires in the region where it's meant to be delivered.

So, ship crews should figure out a way of preventing pirates from evading their ships. There are multiple precautionary methods for preventing pirates from hijacking a ship. Coupled with the security, most ships will be able to bypass the pirates. When ships don't travel too close to the shores like you suggested, what exactly would it prevent? because these pirates move with boats and are better swimmers. That part of the sea is mainly their territory and they grew up there. Hence, shooting will be easier for them, increasing crime. So, they'll have fewer people visiting such environments, for safety reasons. Due to such acts the government is favorable to the locality, and the poverty will increase, causing people to migrate to a greener pasture. Many kids around such vicinity, will grow up looking to join pirates since it's part of their livelihood. Only a few of them would cherish formal education.
1399  Economy / Economics / Re: Growth mindset versus fixed mindset on: December 13, 2023, 10:31:56 AM
I think people with fixed mindsets are afraid of change because they think that they might lose their current positions as anything if they try to make changes and they won't be able to give their 100% on what they are doing currently if they try to grow and get their hands into something else as well. They can't adapt to changes and change themselves with it, they barely upgrade themselves or try to learn something new that is essential based on the trends in the industry they are working in or outside of it.

Someone with a growth mindset will always be ready to try new things and experience what they never experienced, and they will go the extra mile for that without thinking about their current position because they see great potential in what they are going to get into and they know that even if they have to leave their current position, they will be in a better position in life if they master what they are going after.

I like what you're saying; actually, for me, it's true, and it's rightly stated. Of course, what people have been used to believing in for a long time, especially since it helps them, will not make it easy for them to let go.

So most of the people who become successful in life, or so-called, who get their dreams, are the people who are always ready to face the risks they can face for the dream they want in life. No matter what negative happens in our lives, our mindset is still positive. Everything happens for a good reason.

Believing that everything works for a good reason, is a bigger mindset of overcoming difficult or rigorous situations in our career. During the journey of a growth mindset person, he'll experience troubles on his way to success. But, his mindset strengthens him to continue trying and providing good services to his customers and never to back down. He'll instead figure out fresh methods to avoid any threat to repeat in his life. While the fixed mindset person is still great on his journey, few storms can shrink their dreams. Hence, they feel better working with a growth mindset person who has all that is required to keep moving regardless of the forthcoming threats or trouble. Potentials differ for everybody. What we think is different from the next man or competitor. Just like our faces are different so is the thoughts of our mind and ideas. Whatever, it is the fixed mindset person has in mind, it could be helpful to the growth mindset business man. Both ideas are needed to successfully run a business. Sometimes the fixed mindset is needed to stop a growth mindset from making a huge mistake. In need of a stable moving business and lesser risk? get a fixed mindset person. He'll manage the funds and won't take new risks or opportunities. Looking out for a fast growing business with numerous risk factors, get a growth mindset person. He'll run the business and try anything within his jurisdiction to boost sales and profits, but be assured of lots of money being lost in the process. Few responses or people don't seem to see the potential a fixed mindset person possesses, hence they think it's wrong to have a fixed mindset.
1400  Economy / Gambling discussion / Re: Which one is fun, watching with bet or without a bet? on: December 13, 2023, 10:13:00 AM
It's difficult to admit that we don't feel sad about losing a game we staked money for a particular team to win. It feels better to gamble on a game and not watch the match than view it, as every single mistake by the team would result in our emotional emotions. Some gamblers don't hesitate to complain about the incompetence of the team when they are losing. Football is fun, but for a gambler, it's a big competition. Their team must win. Betting on teams we don't know isn't favorable either, but it feels safer. Watching games uncomfortably, derails the fun and relaxation we are meant to gain from the game. I'd still prefer watching without a bet. The viewers tend to enjoy both sides of the game. Happiness is derived in football, when the results regardless of the winning team, don't affect the emotions of the streamers or spectators. Aside from the passion for football, spectators cry about losing a match, especially during county games. Feeling sad over the money we staked in the game, isn't appropriate. We should watch games with a stable mind, as it's what matters. Gamblers already have jeopardized the idea of football, because of money. And such ideas speedily affect the mental health of people who don't enjoy a game because they are about to lose money. This can be related to the extreme joy the viewer feels when he is about to win more money. The happiness is enormous enough to diminish anxiety in the player's life. But to stay on a stable side of such a feeling will be watching matches for the joy of football. If the passion hits us, then we feel the solidarity for our team; club or country team.

 
It's more exciting to watch a game with a bet, our emotions swing as the game goes on, because the outcome of the game will determine whether we lose or win.
Especially if we bet a large amount. It's very tense. LOL I strongly advise not to bet on the amount of money that makes you fall poor when losing it.

Betting large amounts is very painful compared to the lesser amount, and the gambler would have to remain uncomfortable until the game is over; 1hr 30mins. Slots could be more painful but in a short while. During the Arsenal game with Aston Villa, we all wanted Arsenal to win. The mind didn't rest, not until the last whistle was blown. I felt a sigh of relief, despite Arsenal losing the game. Watching the game and losing, isn't ok, as the gambler expects a magical goal. The fun is instantly recovered once our team scores.
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