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1621  Economy / Gambling discussion / Re: who Want To Bet On 2024 USA elections? on: May 31, 2023, 10:44:35 PM
~snip~
Well, the one who is the least bad is still the best among the worst, right? So that's definitely what's going to be the case for the US elections. Even if Trump was not the best for the nation, Biden as you said is already pretty aged and people will obviously think twice before voting for him considering he might not be totally up to the task.

But, at the end of the day, it boils down to the personal preferences of everyone. Some might think that Biden is still better than Trump when it comes to presidential privileges, and some might think the opposite of that.

True, at the end of the day the age of the president is an important thing.

Cognitive decline and risk of death are actually a reality, these people are quite old, Biden and Trump. Not sure who is going to win, but whoever does will be one of the oldest ever presidents.
1622  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: May 31, 2023, 10:42:59 PM
~snip~
Yes in the case of hacking the real culprit was a gambler who was negligent of his online status and also the password he created.
Many gamblers are careless so they don't think about the consequences of their mistakes, maybe they just consider it a trivial thing, but in any gambling there is accountability so that in acting you must always be careful.

A crime or criminal act such as hacking can occur because of an opportunity and if the gambler gives this opportunity then everything is finished because the hacker can do whatever he wants.

Yeah, it all depends on how the system was exposed though.

I have no idea about the specifics of this case, but I think in most cases people just use weak passwords or leave accounts logged on, etc. Basic security is not done in many cases, so it could be something like that.

On the other hand it could have been a more sophisticated attack, in which even the latest security wouldn't work.
1623  Bitcoin / Bitcoin Discussion / Re: Is digital currency powerful? on: May 31, 2023, 12:18:00 AM
Compared to fiat currency, Digital currencies are very powerful in-terms of control. You can control your own coin. There is no interference from the government, no one can rob it or counterfeit it. You can use it globally and expand your business internationally. I don't find anything more powerful than this! what is your thoughts on it !

A digital currency is a general term, it can be applied to anything. CBDCs are digital currencies, and they are absolutely controlled by the government.

Bitcoin on the other hand is stricter in its definition. It is a digital currency, but it has other properties that make it extremely different to other digital currencies.

What you are describing is Bitcoin, not properties in general of digital currencies.
1624  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: May 31, 2023, 12:15:12 AM
~snip~
Doesn't really matter even if the players try to have themselves in the best form and increase their fitness levels to play at any age. Still, we all know a player with the age of more than 35y old can't have a good performance like a player in 25y old, and nothing can change this, even if the player is in their best form.
That's Why I think instead of using old players the national teams should start focusing on younger players and making them ready for the world cup.

Absolutely, even a superstar in their late thirties is worse than a good player at their early twenties.

It's a sad reality, but that's just how biology works.
1625  Economy / Gambling discussion / Re: do you lose on slots? on: May 31, 2023, 12:14:10 AM
My buddy needed a ride home from the casino at 3am last night.  Kept me up much longer than I would have liked.  They lost $800 and got too drunk to get home.  LOL.  I have no idea whey someone would engage in pumping $800 into a slot machine that late at night but I assume that boredom has to play a role.  Maybe for those who are finding themselves gambling more than they would like or losing money on slot machines regularly, what you need is a more interesting or fun hobby to take up your time instead of losing money hoping to see pretty lights and hear fancy noises.

It's crazy. The thing is that most people won't pay $800 to play slots, and the casinos now this.

They start with $1, or $10, etc, then they win a bit, lose a bit, etc, and then suddenly they realize they have put $800 in the machine.

Casinos are experts in keeping you there putting more money all the time. They have perfected this trick.
1626  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: May 31, 2023, 12:11:56 AM
~snip~
I think this is already happening
for me seems like the way to go with deepfakes is not trying to prove what is real or false but teaching people to have critical thinking (hard, specially in poorer countries) and also use crypto/blockchain as means to verify veracity of information

probably the best ways

It's a tricky situation where we are at the moment.

Fake images generated by a computer that look no different than a real one are already out there.

That means that all the emotions that a photo can generate can be created on the fly to create whatever emotion you want.

And also videos are starting to become very close to real.

I don't think the general population has critical thinking.
1627  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: May 31, 2023, 12:10:01 AM
~snip~
Firstly, winning consecutively for many days isn't possible in gambling, and even if someone manages to do that even if it's about $1 per day, they may keep winning $1 for 29 days, and then comes the 30th day and they lose $30 and boom, back to the place where the journey began, so it's basically useless to try and earn money through gambling because it's a game of luck.

If you are lucky, you can win $1000 with just $1 and it will happen totally unexpectedly and not by using some strategy or planning, and if you are unlucky, you will lose everything even if you have $10k and aim to earn only $50 with it.

True.

And the thing is that if you are lucky enough to win big, you need to be smart enough to stop playing immediately. Otherwise you will lose all that you won.
1628  Economy / Gambling discussion / Re: The madness of gambling addicts. on: May 29, 2023, 11:10:30 PM
~snip~
Any addiction is bad and excess of everything is bad. be it gambling or drinking or any thing. Has anyone read about seven deadly sin  one of them is lust - lust of anything is bad even if it is lust of knowledge.
So one should not cross the red line!

True.

That's basically what religions teach you, how to live a good life.

It's not about what happens when you die, it's about the rest of your life here. Will you live in paradise(good life) or hell(bad life)? do these things(virtues) and don't do these things(sins).

People get caught up in the message, when in reality it's quite useful.
1629  Economy / Gambling discussion / Re: Do you blame someone for your gambling losses? on: May 29, 2023, 11:07:29 PM
What the son and mom did together is kind of trick to get back what they've lost gambling. In the advanced technology based living each and everything will be easily caught. Before gambling one should understand well and do the right thing than just struggling after a massive loss. Some people loss funds from their accounts due to hacks. Those are exceptions, apart it is the gambler responsible for the loss. Whether it is sports betting or casino games, one should understand and gamble. Getting suggestions is good, but the end decision should be ours.

Yeah, but even in the case of hacking I would think the gambler is responsible. The hacked person could have been more careful with online activities, used a better password, etc.

Of course someone else did the active thing, but the gambler in that case did some things that allowed to create the situation the hacker took advantage of.
1630  Economy / Gambling discussion / Re: It's on! 2024 US Presidential Election Biden+Harris Vs Trump Bitcoin betting.... on: May 29, 2023, 11:05:03 PM
Let's not forget, guys, that we are talking about bets here, it's not the Politics&Society section, is it? Smiley

I personally don't like Trump and a big part of the GOP, but I would place ten bucks on Trump with the current odds



if I was sure he wins the election. But actually I won't bet a cent on him, because he's not gonna win. Not in this universe, anyway.

This is interesting, I would have assumed that Biden would be paying more than Trump.

We'll see if these odds change when we get closer to the election.
1631  Economy / Gambling discussion / Re: who Want To Bet On 2024 USA elections? on: May 29, 2023, 11:03:46 PM
~snip~
I agree, in many countries democracy has turned into a dictatorship of two parties. Here in Venezuela is also something which has happened in the past and even to this day.

I would say that it is a consequence of polarization and redicalization on the ideas of the population, as they move fruther from the center to the right or left, the variety of parties which can exist decreases, also the management of the media on political matters does not help with polarization.

Yeah, I think it's happening in the entire western world at least, only that each country is at a different stage.

And when people say that something cannot happen in their country, it's good to remember that Argentina used to be in the top 10 of the wealthiest countries, and now it has an out of control inflation.
1632  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: May 29, 2023, 11:02:01 PM
~snip~
We should stay disciplined and have control on our gambling activities in order to avoid gambling addiction.  We must control the urge and have time limit in our gambling activities else we might get hooked and unknowingly fall to gambling addiction if we don't moderate our activities.

Yeah, it's a tricky thing to gamble responsibly. Many people do it though, but the few that can't end up losing all their money.

It's a massive issue in some countries.
1633  Economy / Gambling discussion / Re: The madness of gambling addicts. on: May 28, 2023, 11:28:03 PM
I don't think you can control emotions if you have lost a lot of money gambling. You have to imagine that you have lost all your savings and then you can imagine that you are very angry and sad about that? they are not only emotions of anger but also of loss and grief. Those are things that are very normal. Not everyone gets aggressive and angry after losing a lot of money. Some people only end up in a negative spiral and suffer from considerable depression.

True.

You need a day or two for grieving for your lost money, but then you must let it go and focus on the present.

There's no positive in focusing on the past, it will just make you miserable your whole life.

The point of the past is to not repeat the same mistakes again. Learn from it and move on.
1634  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: May 28, 2023, 11:25:44 PM
When people are talking about Messi playing in the 2026 world cup or not I look at this picture when we have an old legend like Messi who is getting retired soon and Enzo Fernandez as 22y old player who can shine in many other world cups in the future for his team.
I guess there is also the same situation in other teams and after the old players, new legends should appear.
~snip~

I really hope Messi doesn't play in the 2026 world cup as it would remove the retirement highlight of winning the 2022 world cup.

He will be way too old, and for what really?, he already completed the world cup, the only thing he was missing.

Retiring now would be the right thing to do, if he plays the next one, it will not be as epic of a retirement.
1635  Economy / Gambling discussion / Re: who Want To Bet On 2024 USA elections? on: May 28, 2023, 11:20:54 PM
Well in Brazil case, the whole nation was screwed from the start, the one that won was an ex-convict, and the one who lost was the last president who had the flee the nation for the corruption he did. There wasn't really a good candidate, everyone just argued which one was worse... well that does mimic USA elections exactly.

One of the candidates is ex-convict who is still on trial and stole hundreds of millions in taxes instead of paying them and labeled "smart move" by voters some reason, because the same people who voted for him, ended up paying his share too and they are not aware of it, and the guy ended up cutting taxes even more to the rich friends of his when he elected, the other is an old guy who people are unsure about his mental health, could be getting too old and sick to rule. So, USA doesn't really have a proper elections neither.

In most western democracies it's usually one side against the other, and the perceived difference gets larger every year. In reality democracy allows the ability to choose between a lot of different candidates but it has quickly collapsed into choosing one side or the other to kinda give the illusion of choice.

I wonder how it could be changed, but I think it's impossible at this point.
1636  Economy / Gambling discussion / Re: Slots 101: Basics, Strategies, and Discussion (with poll) on: May 28, 2023, 11:18:38 PM
~snip~
I usually use $10-$20 to start. If I see a bonus buy feature of $10-$20, I will buy and see my luck. But I will use autospin for 50-100 if there are no bonus buy features. Usually, that will not cost too much even though I know I will have a chance to lose besides winning, but that is enough for me to use that money. Besides that, I also have a chance to get Scatter or Free Spins and if that happens, I think that will depend on our luck to get a big winning. And related to the games, I chose the game randomly. Usually, the game is from Pragmatic Play, Play'N Go, Red Tiger, or even BGaming.

I'm now wondering based on what criteria those bonuses start to appear. Maybe it's when they detect that you might stop putting more money in for some reason.

These days with big data and AI you can learn a lot about the behavior of humans, and gambling is full of data. It would be interesting to see some reports on this.
1637  Economy / Gambling discussion / Re: I am only trying to stay safe by gambling less on: May 28, 2023, 11:16:23 PM
~snip~
One thing I have noticed is that those limits not only help you to better manage your time and money, but they can also aid to your fun, I say this because when I occasionally play a video game I noticed that if I do so for too long I get easily bored, however when the time I spend playing is on the short side this in fact increases my fun, as by limiting myself in this way I look forward to the next time I will be able to play.

The thing is that it gets more difficult when you actually continue to have fun all the time, unlike your case. Say you're playing for hours and it's the same or more fun, it's hard to simply quit.

But I agree that it's the best thing you can do, because getting addicted, to anything, is actually quite bad for you, no matter what it is. The way the brain works can be used for good or bad, depending on how you use it.
1638  Economy / Gambling discussion / Re: The madness of gambling addicts. on: May 28, 2023, 03:11:11 AM
~snip~
Right, gambling is not the right way to make money. however, gambling can bring in money if luck is on our side. but there is another side that we must know, gambling is not ideal if we make it as a side income, especially if it is used as a livelihood. gambling, became part of the fun entertainment in this era. but what we need to know, that gambling has risks in it that can make someone become an addict.

Even so, gambling also offers pleasure and provides experience for the connoisseurs. plus, when luck is on our side, gambling gives the sensation of winning which is quite sensational. and this, is the plus point of gambling. Unfortunately, there are many people who think gambling can provide instant income. whereas, the way of thinking should be reversed. I mean, make this one hobby just part of a fun entertainment. if we are lucky, let's say we get a bonus from fun entertainment.

Yeah, but it's a delicate balance.

Some people are not able to control themselves and end up losing their entire life savings in a single night, trying to recover their previous loses.

Although some people might enjoy the occasional visit to the casino, there are also many other forms of entertainment that don't come with this huge risk of catastrophic financial consequences.

But of course, everyone should be able to choose for themselves and gamble as much or as little as they want for whatever reasons they have.

All that I'm saying here is that the most probable outcome in gambling is to lose your money in the long term.
1639  Bitcoin / Bitcoin Discussion / Re: When Bitcoin will become stable currency? on: May 28, 2023, 03:06:55 AM
I don't think it will be currency that everyone use, I feel like it will be more like gold

Bitcoin is already available for everyone in the world to use it, it just needs more time and attention from people.

You cannot really make an internet transaction with gold, whereas with bitcoin you can make micro-transactions with sats if you want to, immediately through the lightning network, which is relatively new, but it's growing extremely fast these days.
1640  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: May 28, 2023, 03:04:02 AM
~snip~
In short, there is no way that the OP can make a legit $100 a day from gambling because there is no guarantee when it comes to casino as there is more chances for you to lose than win and that's the fact about that industry and of course, all activities that is associated with gambling.

Unless, if you own the casino and maybe you will earn more than $100 per day.

Correct.

The math tells you that the expected return of gambling is negative. That means that the more you play, the more you are expected to lose.

Therefore it is impossible to have a plan to earn $100 per day as a gambler.

But yes, as a provider of gambling services, yes, you might be able to generate $100 a day, but that involves more than what OP is putting into the table.
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