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1741  Economy / Gambling discussion / Re: How to manage gambling winnings on: February 14, 2024, 02:31:20 PM
Your opinion is absolutely correct, when we want to start gambling and our beliefs are still in doubt then we should gamble using only a small amount of money, then when we win we need to pay attention that we need to save some of our winnings. daily needs and don't think that when we gamble again using a lot of money, we will win again, even though the success is still in doubt.
It is better to play according to a small budget. If we lose we don't feel like we have lost much and when we win, even though the result is not much, we have to be able to accept it.

Gambling is different, some require using a fairly large budget and some can use a small budget, but whether small or large the budget for gambling is the same, it is clear that defeat dominates, it is rare to win in gambling. but what you say is true, we have to gamble with a small budget, because even with a small budget, there is still a chance of winning, but there is still a chance of losing with the possibility of losing.

In my opinion, there are rarely wins that can be obtained, this is the right reason for managing gambling winnings, many wins are in vain because there are gamblers who win at gambling but they waste their winnings, by continuing gambling and also by increasing the amount of their bet because they are still want to get bigger wins. So that in the end what will most likely happen is defeat and the loss of the victory that has been obtained. In my opinion, when you win at gambling, the best choice is to cash it in and leave gambling to enjoy the win, and if you still want to gamble, it's better to gamble again another day, don't continue gambling when you've won.

What you say is true, basically winning is very rare and difficult to get, only lucky people get it, therefore gambling with small bets will prevent us from experiencing big risks when defeat comes and if we win, manage it. our money to be used for useful and useful things. The important thing in our life is good and correct steps.
I agree with you, when you win, it is better to immediately leave the gambling place, so that we are not tempted and attracted again by the tricks in the casino.
I simply do not buy your idea, my friend, it seems that you are giving all the kudos of gambling winnings to luck. But you are so wrong. Luck might be part of gambling indeed, but to be factual, it is merely an expression, though I am fine with it. But believing that you must be lucky all the time before you win, then you are still not ready for gambling. Many aspects of gambling might need luck truly, but many other aspects of gambling rather need your expertise and management and not luck. If you are good at what you know and do, you will certainly make the money and will also be making it consistently. Many sports betters have always talked about the good side of it, they are making their money consistently and I must say that I am not taking the backseat in this regard as well.

So, as long as you know how to work things through with it and do not believe that one certain term called luck will be your saviour all the time, then it is highly likely that you will be successful via it. You need to know how to select the right teams, and also at the right time. You will do this through a whole lot of analytical means of sports, and by this, you will often know the team that will win mostly, which is so easy for me. Also, there are some aspects of the lotto as well to buttress this, for instance, that mathematical calculation will tell you the result (expertise). I've witnessed this many times where people win based on their calculations and expertise, but not luck. However, if you continue to rely on luck rather than know-how, you will continue to suffer in gambling.
1742  Economy / Gambling discussion / Re: Risking 1% in Gambling on: February 14, 2024, 02:12:42 PM
By risking 1%, you could end up losing everything. Because the size of the winnings will be quite ridiculous. And you can't win all the time. So now you have risked 1% and you have not won. Then you risked 1% again and again you didn't win. The third time you risked 1% and you didn't win. The fourth time luck smiled on you and you won. What do you get? You lost 3% and won 1%. And these statistics will continue.

The risking 1% in the gambling site can be think as the easy one,but the gambling with the one percentage capital was low for the game.So the gambling should play with the small betting if the initial was made as the one percentage from the earning.The gambling was seems to the easiest game,but playing with the experience to make the good money with the small capital like 1% from the income of gamblers.

i don't think a lot are risking only 1%, because more then likely, more gamblers are spending 5% or more. because once you are sitting in your game, the tendency of depositing more is high once you deplete your game.
but if the gambler can stick to 1% then that is commendable as he won't encounter any problem when it comes to his financials.

Right, we are of the same mind on this, I think it is no longer a matter of suspicion but certainly this really happens and is done by most gamblers especially those who have entered the addiction phase, they will find it difficult to ignore all the people they see in running sessions, so this is what makes them end up depositing much larger amounts. On the other hand, I will absolutely confirm that only a few gamblers are able to ignore the "greed" aspect of gambling because the opportunity to get a bigger  amount of winnings is always in their mind. And for those gamblers who can actually afford to risk no more than 1% in their gambling then I can confirm  that they really understand the various bad possibilities that exist in gambling so that they prefer to prioritize risk management or various precautions for safety.
Enough is expected from the part of the gambler and the more such gambler erred in them, the worse it becomes. Gambling needs our balanced psychology, we need to think straight towards it and not believe that we are so certain of anything, that is a lie, and even if it works for us today, it will not work for us in most cases. Also, the risk we take matters, aside from the fact that gambling is not certain, we are only always taking risks no matter how much we believe in that specific outcome, we might still lose it. This is why we should not be risking unnecessarily, yet, we should risk reasonably and not fearfully at the same time.

For me, the 1% risk is too much and increasing it is never greedy. It also depends on how big the money we are looking at is. You can't tell me to be risking 1% of $10 on gambling, it is too small. To some people too, risking as low as 1% on $100 is too small for them. Increasing the percentage might not be a dangerous risk but could be the standard individuals set for themselves. For me, I think that 5%-20% is still very good for gambling, but like I said, it still depends on the money we are talking about. If the money is large enough, I may even use lower than 0.5% in that case.
1743  Economy / Gambling discussion / Re: Don't make use of what you disliked because you can't stay away from it. on: February 14, 2024, 01:49:46 PM
I opened a betting account today (don't have to mention) but when I bet on their virtual games, they don't have the kind of options I am expecting to see but only provides more like only 4 options which are home win, away win, draw and over. So I bet if I could win but luckily for me I won ×2 of what I deposited, then I withdrawed the funds and mailed them to block the account because I don't find anything suitable for my liken but they replied me saying they can't and I have to make use of the account until 90 days before they can block the account.
However, it's my money and they can't force me to use it, so they have to block the account. I see that the only way to stay away from the betting account is not to fund it again.
So can anyone force you to make use of what you don't dislike?
This is a matter of choice and there are options for you aside from this, we have many alternatives. Although, telling them to block the account looks somehow to me and some casinos will not even block it at all, and I can't blame them for it. The fact that you didn't see the options you wanted now doesn't mean you can't see a reason for you to use them again in the future. So leaving it active is the best choice for most of them, especially when it will not affect you at all. They will only tell you to look away and that your details are safe with them. Still, I wish you could name the casino we are talking about, it would be so bad of them if at this age people are still complaining about the scarcity of gambling choices, which is not so professional on their part. If they are serious about the business, they should rather be more competitive than causing a customer to abandon them.

Well, about your questions, let me say that it depends, the first winning might convince me. After all, it is about winning, and you can imagine the first bet you placed, you were able to win with 2.0 odds and your withdrawal was processed to you itch-free. So, they should not be entirely abandoned in my opinion, it may be my alternative, especially when I want to play the games in which I will have to only choose the options they offer.
1744  Economy / Gambling discussion / Re: Pay off DEBT by do Gambling? think again before you loss more on: February 14, 2024, 01:37:17 PM
I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
No doubt, gambling is risky, and it is the reason why it should not be an option for those who are looking for money desperately. If not, they will rather lose more instead of making that money. Gambling is such that is not so friendly when it comes to emotion, and desperation is part of it, it will only put pressure on you, and if you are such that is not relaxed enough, the feeling that you want the money so badly will always cloud your judgement and you will continue to make mistakes.

If you need money like that, sort it elsewhere, it is only a few people out of many who have been lucky enough to go scot-free in this regard. Can you imagine what the guy opted for, the slot games? That is the reason he lost the money, he didn't even give it the needed fight and thought. Slot games are not games that you rely on your belief and what you know, it is almost absolutely reliant on the luck of the gambler which makes it not the right door to knock in the time of desperation. Or else, you have a higher chance of losing that money.
1745  Economy / Gambling discussion / Re: 2 years old kids alone at home for hours, while the father goes gambling on: February 14, 2024, 01:24:45 PM
The bad impression of gambling is caused by irresponsible people. Leaving young children for 5 hours is a very big risk, they don't know anything about safety, all they can think about is playing without caring about the dangers around them. Bad impressions are always caused by gambling addiction, other negative actions are also caused by irresponsible individuals. There are many people who do not prioritize responsibility to fulfill their desire to gamble. People like this need to be punished in order to increase their awareness of their responsibility to maintain their safety and that of others.
We share the same view about this and I strongly support your opinion and suggestion too, such a father should be severely punished so that it can be a deterrent for irresponsible people like him. Although this irresponsible act happened in relation to gambling, we should still not totally loud it as gambling is not the only excuse that people are using in a situation like this. They often use a lot to dodge responsibility or look responsible because of what they did as the case may be.

The act is so different in my opinion and it is not caused mainly by gambling but by the insensitivity of the father. No matter what we do as parents, our first goal and responsibility are to our children and the people around us, not our selfish interest, even at the risk of our loved ones. I can only say that I am happy that nothing bad happened to those children, it would have been worse.

Regardless, the father shouldn't go unpunished by both the wife and the government. There's always a way around this to fulfil the punishment.
1746  Economy / Gambling discussion / Re: What is the most underrated sport? on: February 14, 2024, 06:00:58 AM
There is no aspect of gambling without its risks and I do not believe that when a gambler has taken his time to study a team, he will still not be able to make some well-informed predictions that will often be true in terms of the outcome. I believe that just like football, all other aspects of sports betting are the same when it comes to winning probability, only that we are not paying attention to them or not just conversant with them. As we all know, opinion might not be the priority for companies because gambling companies are offering games based on popularity, they will not want to be wasting their time and resources on the games that are least prioritised/patronised by gamblers.

Irrespective of that though, Badminton is a very good one for me. It is such that is so unpopular with bookies, and if it is added, I think I can have a better shot with it.
1747  Economy / Gambling discussion / Re: Can Anyone +18 Play Gamble? on: February 14, 2024, 05:45:58 AM
Does gambling needs experience or anyone +18, even the inexperienced one can also play? Though playing gamble has a limited age grade or age bracket and the accepted is from  +18 years and there are some casinos hall at the door post, it is written clearly that it is only people of +18 can play. But what about the inexperienced ones, are they allowed to play gamble as well? Or they are also restricted to have the fun? In my observation, there are two elements to participate in gambling. One, you must above 18 years in my country and secondly you must have an experience to play, so I want to know if inexperienced people can also play gamble.
Well, the two questions are so easy to answer, and for the age part, it is a good thing to understand the law of the land you are living in. This law varies among countries, and in some countries, it is until you are 18 years of age before you can gamble, and in some, it is about 21 years of age. I believe that the countries resolve into these different ages due to some considerations, and if argued out can only point to the maturity of the person. Gambling is an adult activity, which is why the government would be so concerned and would want the person to be fully matured into adulthood before gambling, which could have birthed the 3 years extra added in the case of 21+ years.

However, age is not always strictly adhered to in gambling as I've seen young people entering offline casinos to play their bets. They often say it's their parents or an older person who sent them. Are the operators verifying the claims? I guess No. And for this, a young boy/girl with money could gamble conveniently with no questions asked. Also, for the second part which is the professionalism of the person, I guess this can't hold any water. Is there any government agency following this up? In the absence of that, I think people can always bypass this even if the government wants it, it may not stand. So far there is no provision for the examination of people by age, anybody can gamble as long as they have something to cover up for it.
1748  Economy / Gambling discussion / Re: Do not gamble with Loan Money~otherwise you will be in danger like me on: February 14, 2024, 04:18:19 AM
-snip-
Me too. Actually, I was kind of tempted to do that, but after thinking about it, I think it is better not to do it because it is too risky and I might get depressed if that happens.
Are you kidding me right now? I can only advise you to be more strict about this because since you've ever thought of it, it could still come back again to you. This is your choice to always fight it with strictness and discipline, it is not just worth it. If you continue like that and have the strong will to say no, it may not come to you again. Always think of loan-taking for gambling as a thing that is ill and unthinkable, gambling should not be that tempting, and if you ever find yourself in such a mess again, one thing that should first come to your head is that you are already addicted and not yourself anymore. If you are not careful too, it will get you into trouble. This mindset alone will help you to caution yourself.

I must say that I am more surprised about yours than that of the OP itself, and I've been hearing about this but I never knew it was rampant as such. So, people will stoop so low and apply for a loan, and after being credited the same, they will gamble with it? This is so unreasonable. I can't even think it not to talk of applying for it for the sake of gambling. Loan has to be treated differently, the money is for good purposes, and gambling is not among these purposes. The good purposes of securing a loan entail buying properties and investments, saving yourself from a financial mess, payment of medical bills and many more.

Above all, use only the money you can afford to lose for gambling.
1749  Economy / Gambling discussion / Re: Changing initial option and losing the bet on: February 14, 2024, 03:55:32 AM
-snip-
These acts has cost me from losing bet many times, as a gambler share your thoughts on this and have you been in a similar situation.
Let me assume that you are referring to sports betting because there won't even be time wasted in the casino for all that. Also, I say that I am not a gambler like you, I do not have reasons to change my bet options, and this is because I have them put together even before I open my gambling platform or bet at the gambling house. The fact remains that when you bet on sports, you are doing yourself a big favour if you speculate very well before proceeding to play the bet.

By this, you would have done the needed selection and know the options to choose. This is just like in an exam, if you have a good knowledge of what is before you in an objective question, you will surely choose an option without doubting it. This is my own case here, and I do not have that change even as speculation would have guided me before choosing. But it is possible that I deliberately delete some games myself and I see this as a different scenario, and not changing the options.
1750  Economy / Gambling discussion / Re: How can a betting shop be so dubious like this on: February 14, 2024, 03:44:33 AM
This story is pathetic and it is not the first time that either the gambling company or their agents are trying to play smart. I've heard stories that they will print a fake ticket for a customer and they will hold the original ticket and even worse. Maybe the same scheme is playing out here again, time will tell. How can a gambling shop owner who was supposed to pay winnings travel without proper arrangements for settlement? Well, the best thing to do has been done by the guy for taking them to court, and by doing that, they can't escape justice.

The headquarters will be one of the responders in this case as well. This is to clarify issues and ascertain the genuity of the operations of the agents/branch. I hope that it is not more than this though, because if the owner had outsmarted the guy, he could have run away with the money believing that it is huge and he had nothing to lose by doing that. This is more reason why it is good to bet online, you will be able to treat the issues directly with the company involved and not some kind of agents.
1751  Bitcoin / Bitcoin Discussion / Re: When will Bitcoin catch up with Gold in capitalization? on: February 14, 2024, 03:28:05 AM
it is very difficult to speculate this issue because it is very sensitive in my opinion there will be many views between gold and btc owners,
In my opinion, one day Bitcoin will definitely exceed market capacity, because as we know, the value of Bitcoin is getting better every day than gold, but for now we don't need to think about that, now the main thing is how to collect as much BTC as possible and save it, for now. - next session in bitcoin
Bitcoin has not been priced the way Gold is, so I do not always look at them as competitors the way people do. They also do not have the same importance if not for the people's money that makes them assets. Going forward, a tight race between them is possible, especially this time when Bitcoin is now advancing with the ETF arrangements. If it works it may attract more investors and that will surely increase the market capitalization. But Gold is not growing so much and not reducing so much too, this means that it is somewhat stable. It is slowly increasing and reducing in the market capitalization, and at times, it would have a higher cap that will still be significant. I have loved the sustaining part for so long, nevertheless, it is still holding it above $13T in most cases.

But for Bitcoin, I do not have so much to say about it other than it has a bullish and bearish season, it is highly volatile when it comes to market capitalization and so unstable. Unlike Gold, it can drop multiples of its price and liquidity within 2 years, and it can gain it back pretty fast too, even within just a year. Such an asset is highly unpredictable. Coupled with the age, one can only guess the market capitalization but it may not be able to be consistent about it unlike Gold has maintained it on the high side for long.
1752  Bitcoin / Bitcoin Discussion / Re: STOP telling people how much Bitcoin you have on: February 14, 2024, 02:57:55 AM
The more you are private with some things, the better and more mature you actually are. You do not have to be running your mouth all the time, and the fewer people know about you, the better. This is not about strangers alone, even friends and families shouldn't know everything about you because you do not know the content of their thoughts toward you and how they will feel about your progress, not to mention what they can do to rob you of your joy.

Particularly about the stranger, though it is unspeakable to be allowing strangers to interfere or have the privilege to know so much about you, at times too, the country you are in and your status matter if we are using social media to judge. Some countries are more secure than others, so telling the media stranger about you based on the question they asked might just be a mere interview. It could bring you into the spotlight but no harm may happen. If not, people would have stopped disclosing such.

But for Bitcoin, I do not think it is good to disclose your worth in it whether it is for media purposes or not. Crypto is a different asset entirely that attracts privacy risk if disclosed.
1753  Economy / Trading Discussion / Re: Can you make everybody to win in their crypto trading? on: February 14, 2024, 02:41:35 AM
I think the OP should better differentiate between investments in Bitcoin and trading of the coin. The confusion is that he mentioned trading whereas what he explained looks more like investments. Aside from that, no one can force anyone to do what they do not want to do, that's why it is good to learn what we want to do with our coins and act appropriately and independently. What if the expert advice is based on a condition but the coin did otherwise?

This makes investments independent affairs. But we must learn and understand how to go about it to make profits from it. If anything goes wrong, we should face the music all by ourselves as well, just the way it can be good for us if we are right in the prediction. After all, we are all speculating, no one knows it all.
1754  Bitcoin / Bitcoin Discussion / Re: BTC to Bitcoin ETFs - The ownership are shifting to centralized ownership on: February 14, 2024, 02:24:05 AM
ETF this, ETF that, I think that people are now reasoning better, this is unlike how it was so lousy before the approval. Even then, I wonder what difference the ETF would make in the crypto space if not for Bitcoin shifting hands from one means to another, and from personal storage to company storage. I see no big deal in this, but it's nevertheless the hype of people. However, it is plainly the means by which the corporate entities will be able to control Bitcoin indirectly. The more we make it accessible to them, the more centralised it becomes.

Sincerely, I just didn't feel it the way people felt it at that filing time, Bitcoin was already accessible before it, so what? As it is now, I do not know the model at which they will operate eventually and start allowing people access as they've not started fully, but no way this will not increase government oversight.
1755  Alternate cryptocurrencies / Altcoin Discussion / Re: Altcoin hidden gems. on: February 13, 2024, 05:24:09 PM
If you had to pick one lesser-known altcoin that you believe has tremendous potential, what would it be? Let's uncover hidden gems together!
Only one? Thats kinda tough but I think that would be INJ or AVAX those two are highly appraise L1 and most likely will be doing good performance during bull market. Anyway most of the projects have equal chance even major coins. I am bullish on some eco like Bnb and cosmos too. Tia too but quite dissapointed that Id dump it during the early trades.
You have good options there, although there are enough of them to call out, notwithstanding, the INJ and AVAX are among the best sincerely, and I see them continue to grow. But if I am still told to choose the best among the two, I will go for INJ. This token is good and resilient, and what happened in the second half of 2023 is a witness to that. This is still the beginning, I expect it to move upward better and will keep most of the gains for a longer period of time.

The AVAX is also good but I base my decision on the fact that AVAX is older with a higher market capitalization of about $14.5B. It is only being appreciated because of the Ethereum link, but for how long? It still has the chance to move higher, but might limit it to a certain price over time of stretching higher even as it's currently 9th on the table judging by the position based on liquidity. But INJ is newer and is merely $3.2B in market capitalization. It's also a Layer 2 application which makes it more unique. The way it moved during the last mini-bull run speaks volumes too.
1756  Economy / Gambling / Re: QuitGamble.com - Free Help for Problem Gamblers on: February 13, 2024, 04:50:09 PM
And the question arises that such a player has already begun to lose so much that it has seriously begun to affect the life of his family or close relatives.  And only then did everyone suddenly come to their senses and start persuading that the player should be prohibited from playing and that he should be treated.  But everyone should have paid attention to this player’s predilection much earlier.  Then it would be much easier to get rid of gambling addiction. 
It seems to me that this is a very common mistake made by the player’s relatives and himself.
That is the problem, people often don't notice things until they start creating problems for them, and it's not just about gambling but everything in general. When it comes to gambling, gamblers don't realize it quickly, some don't even do that until they get too deep into the addiction but their families and friends can notice the change before the gamblers themselves, so they should start thinking of a solution as soon as they notice this change.
This is a serious problem and I blame those gamblers for this. No one should start a thing without knowing the good and the bad sides of it if they are wise, and it is through this that the preventive measures would be known for those who are clever. Gambling is good and many have testified to this, but as good as it is doesn't mean that it doesn't have its own evil, it is this evil we have to plan against so that it will never affect us. Even if it does affect us, it will be less if a good plan is enforced. Gambling, if learned from the beginning, people would know that it is addictive and could cause us to lose just as it could earn for us. By knowing this, they will have to get prepared better for it, and if they are well cautious of the addictive part, they will not be too engrossed with it to the point that it will be compulsive to them.

Just like me, I gamble when I want to and I shun it when I want to, this is because I am fully aware of the danger in it. So it helps when we have that prior knowledge, our mindset would have been on the alert, so there will be a strong Willpower to say no when we don't want to play it. Also, about the wastefulness, it is all about our calculation and the right budgets, if we get it right and are disciplined as well, we will not have a wasteful issue with gambling. No one should just gamble because they see it as cheap, informal and accessible, it requires ethics and styles before we can maintain a responsible gambling characteristic.
1757  Economy / Trading Discussion / Re: Trading psychology and TA on: February 13, 2024, 04:31:21 PM
I have observed great number of traders debate on the issue of having a solid psychology and right approach to trading better pay off than just relying on some Strong Technical Analysis but others don't believe in psychology they base there points on having a winning strategy and proper risk management
What's your take guy's...
Does Psychology exist or is just an illusion of you not  having the right approach and risk management, fundamentals...that affect your trades
What you just said is one of the reasons why traders often fail in the market, they are not properly informed in most cases, while some do not even believe that "what is right is worth doing." I don't know if you are privileged to read my posts about this in the past that traders need a lot in the market before they can be successful. If they lack any of such criteria, they will never be successful.

Traders need;

1. Good trading strategy which they can use to form a timeproof trading system.
2. Proper money and risk management.
3. Balanced trading psychology
4. Great trading plan that will coordinate all that they know about the market trading.

However, the knowledge of one or some without the knowledge of all is bad, not to mention the application of them. All must be known, established and applied rightly before success can be made in trading.
1758  Economy / Gambling / Re: Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game on: February 13, 2024, 04:14:58 PM
You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?
Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.
I don't think you are being appropriate here, perhaps you are ill-informed on how these things work regarding the exchanges. If it were to be the traditional broker, well, I would still say that it is true of the market makers, but for the crypto exchanges, I think that you are so wrong about them. What I have noticed about the crypto exchange is that their trading (spot and futures) is structured in such a manner that their customers are the liquidity providers, and this is in addition to others who are willing to stake their money directly. The system works for itself and within itself, and this is evident by the times that they will specifically allow some people to join their liquidity pool.

So, it is practical that they are not the liquidity provider, and even if they are part of it since they are entitled to it, they are justified but are not the lone risk taker. But what the exchanges practice mostly is to create a crypto marketplace within their system where anyone can participate in it. If any trader loses, he will lose to the liquidity pool and this will be shared among all the providers of liquidity, which includes yourself if you invest in it, and it depends on the proportion of your stake in it. And the traders who win will win from you inclusive too. This is the fairest practice I've ever seen if you ask me even as the exchange itself is not greedy to take all the business and the money associated with it.
1759  Economy / Gambling discussion / Re: A gambler lost what he couldn't afford to lost and broke his TV after game Lost on: February 13, 2024, 03:57:55 PM
Here in my hood, someone staked $1,000 to a bet with little odds and to all hope that there was no possibilities of him loosing the game but revise be the case that the game got cut off in just 3 minutes for the game over and then he could had cashed his winning.
It is quite unfortunate that he staked above what he could not afford to loose. So out of frustrations and anger he broke his TV on the process.

After his temper became calm, he ended up regretting to had lost his bet and went such a mile of destroying his TV.

He now makes two different lost counts at the caused of his inability to control his gambling emotions and his over confidence to had staked what he can't afford to loosed.
This is a typical madness and I advise the guy to work more on himself and not act based on emotion. It also shows how immature the guy is, a person who has not worked on himself. What if it is worse than that? He should be very careful, and people who are opportune to know about this should confront him and advise him on the need to be calm in the face of losses and provocation if they have access to him. If not, such would do things he would regret for the rest of his life. I see this beyond gambling, so he should be very careful.

Imagine, losing the money and also the TV, this is crazy. It also points to the fact that we should only gamble with the money we can afford to lose. Had it been that the guy had risked a small amount of money gambling, he might even have more money to try again maybe he would have won the next time. Not in this way that he lost everything due to his folly. Gambling requires accountability from us and not 100% assurance, we should think about the possible outcome and not be blinded by the assurance of any bet no matter the belief. Even the surest bet in terms of possibility had failed some people, so we should not be senseless. Nevertheless, I hope he has learned his lesson, next time, he will gamble safer.
1760  Economy / Gambling / Re: How Crypto casino market themselves? on: February 13, 2024, 02:38:08 PM
Casinos advertise everything on their site. Casinos that are more interested in social media are advertising in various ways to get their information out to the public. It is not possible for one person to market casinos themselves, they have boards and different parties are connected. Regardless of the main purpose of the sites the attitude of the parties should be analyzed and caution should be taken before starting to bet.
They spend a lot of money to market the casino. Social media is now a good way for casinos to reach more gamblers. Nowadays many casinos work with various influencers to promote their casino. Casinos have multiple marketing strategies to market their casino, and those who can successfully use the right strategy here are the ones who get the fastest growth. There are now many advertising agency companies that can provide advertising services to casinos on a large scale. Everyone has a different strategy, so gamblers should check out good and bad casinos instead of joining just by looking at big scale ads.
All you said is true, we all see them around us and how such means are effectively working for casinos. But these are simply not capital-intensive, the options are for the big boys who have carefully planned for it and are fit for the task even before they start actualizing them. It is the casino that has all that it takes mainly financially that can be able to achieve these in order to in turn achieve their goals. Marketing is so powerful in this digital age, and there is nothing you sell through it that will not prosper unless it is such that people hate it.

In the absence of that, it will prosper, just like gambling, people like to gamble, so informing them of a good casino, particularly if this is coming from their trusted handles online, that has concluded what will happen. It will be so easy for them to open an account. Not to mention how some casinos are so aggressive in their marketing online. You will see their banners on virtually all websites on the internet, and also google and social media. I do not know how such casinos will not achieve their goals easily, they will just be irresistible, especially if they package it better on their websites so nicely since that is what people will first see after redirecting from the main page that introduced it to them.
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