I do not have any strategy in the dice game, I bet and let my instincts take me and just rely on luck to win. So I think strategy is not needed in dice games, most importantly you do not get greedy in gambling.
There can be a strategy to be used in the game of dice. Some of these strategies are the following: managing bankroll, creating several sessions, calculated bet amount and number of bets, no emotion betting, and the like.. These strategies are not guarantee that you will always win though because no strategy does it - there will always be a winning and losing games.. |
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~snip~
On the other hand, it is hard to refuse relatives that want to borrow to use and in my case, I am also having a hard time to ask them for the payment. I just let them pay as to the time they promise to pay.
It's not hard at all, just tell them you don't have money. As you said - you are having hard time asking them to return you money, and they are having hard time to return money. People find hard to return money in 99% cases. I hope it is as easy as that. The very reason why I said it is difficult to refuse is that, I really know their financial status in life that there is really stability in some sort. I am just concern with their kids and I cant take refusing their request. Although sometimes I just think of it as my donation to them. |
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I really think that trading is much more safer than gambling,
I mean there are lots of type of gambling but if you are only playing it like just depending on luck then you are just wasting your money,
I would definitely choose trading much more than putting my money in just a luck to win some profit,
Trading is safer than gambling but still involves risks. Though the risks in trading can be minimized by using your previous experience, skills and knowledge but also depends on your luck some what. Correct, there is also a corresponding risk in trading and it is just like in anything we do, there will always be a risk - even in driving, there is a risk but if drive safely and defensively, we are good. This is same thing in trading, if we trade safely accompanying with It seems to me that all users are risk-related. The fact is that we believe that we are in the area of a financial structure that has a great future. At the same time, most of the simple intim-gel, which are not familiar with any crypto currency, you think that all coins, including Bitcoin, are very dangerous money. We do not think so, but nevertheless the judge on the instability of prices for crypto currency, the risk is still present. In short, there is always risk in everything we do because the only certain thing in life is death. Bitcoin has a bright future because of the concept of how it's made and its functionalities but this must not be compared in all crypto currencies because there are some crypto currencies out there that are not founded by strong support and technological capacity. |
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Hello!
I've got a few coins on the side and I'd like to make them work.
Which gambling site do you advise me to invest in the bankroll?
You can deposit them on poloniex and use their lending feature. The rates are not stable, but you can easily get an average of 0.15% of your investment. It doesn't sound like much, but depending on the ammount you have to invest, it can be quite profitable. I know it's not casino but it looks safer so maybe you should consider it as well. I never use that site to lend money. Just want to know, is there any protection to our money like whether people can take our money and never return? How will they make sure lenders money are safe? At least if our money is safe then we can try this option to earn some profit. But there is not protection for our money and borrowers can cheat us then I don't think it is worth to risk our money for such a small amount of profit. I prefer to lend money to people that I know and I did it in real world. In online world the only way to profit which I believe is by investing in casinos and learn how to trade, most preferably day trading so you can make active income. Actually investing in casinos are profitable because they are operating with profit, but the money has to be diversified as we cannot determine the future. You know what. You think its safer lending money to your family and friends but I have found its pretty much the opposite. Usually when you lend money to a friend/family member its usually because they are horrible with money and you will never see it again. They think that since "We're family" that they don't have to pay you back on time or not pay you back at all. And then it becomes awkard because everytime you see them you keep asking about the money and they keep saying "You'll get it next week"! etc Friendships end this way. I couldn't agree more. Easiest way to end friendship and good family relationship is to lend them money. Somehow they think it is ok to borrow money but when you ask them to return it than they think you are worst person on planet. Anyway, in my opinion you just have to trust owners that they won't run away with your money - if you have any doubts than don't invest. On the other hand, it is hard to refuse relatives that want to borrow to use and in my case, I am also having a hard time to ask them for the payment. I just let them pay as to the time they promise to pay. |
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I really think that trading is much more safer than gambling,
I mean there are lots of type of gambling but if you are only playing it like just depending on luck then you are just wasting your money,
I would definitely choose trading much more than putting my money in just a luck to win some profit,
Trading is safer than gambling but still involves risks. Though the risks in trading can be minimized by using your previous experience, skills and knowledge but also depends on your luck some what. Correct, there is also a corresponding risk in trading and it is just like in anything we do, there will always be a risk - even in driving, there is a risk but if drive safely and defensively, we are good. This is same thing in trading, if we trade safely accompanying with |
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I had an experience investing in the bankroll of betking and bitvest. Though there is a profit in long run, I couldn't help holding my coins on slow passive earning.
Withdrew all, lost some on bets and spent others.
Overall It's good if you can invest some and forget for some months to years.
You are right even on myself i withdraw all the money i have because i dont really like to earn on small percentage on a longer periods of time lets say monthly which is commonly the payment of your investments. Investing on btc casinos would really generate some profits on longer runs but dont expect to be big,for now i cant see any site which are accepting investors. Well, it really depends on what you really like. But from what I am seeing it, gains from online casino investments has big returns than investing on stock market. Well, that is just my observation through as I am both investing on stock market and on online casinos. |
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But no sensible person will spend this much money for the sake of entertainment. This is what we say as poor management skills. It is good to pre plan the things so that you don’t face a harsh situation in the end.
If someone is very much Involved in an activity of spending I guess 15 to 20% is more than enough for it. I will not spend this much money on my hobbies ever. I am glade that my hobby is investing and I am doing very well with it.
Some people are spending it for entertainment. Im not a rich guy that is why I dont spend alot for my gambling entertainment and I only use a small amount. Some rich people may play with higher amount and I dont care what they are doing , atleast I am enjoying my life with this hobby and Im not spending other people's money may be some people are there who are playing gambling for entertainment, but i do not think that majority of people can afford to risk their money only for entertainment and getting fun. i think most of the people play gambling for making money only. Many people's playing gambling with entertainment only and for fun. But it's that their just using faucet to full out there stress against after going home in their work. Me? Am just playing for fun by using faucets if i have some problem's...having some trouble in life 😍 i think you have same situation with me,only play gambling for fun,have no target and decision to win big from gambling,and yes faucet is good option than deposit some coins,and just because i am not pro gambler,so i just invest bitcoin for other cryptocurrency,like long time trade. That is true but to be honest, there is really no much thrill in playing with faucet only but if you are ok with that then the best the best way to play, have fun, and at the same time not losing a shirt when you lose on the game which is most likely will happen most of the time in gambling. |
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Gambling has never been profitable for me. All the time i invested in gambling, had a loss. I dont think gambling can make a long term profit. Gambling totally depends on luck or some TIPS. i left gambling a long back. Gambling cant be profitable. Gambling should be illelegal. I lost about 0.04 btc in gambling and then decided to leave gambling. Trading has always been profitable for me. ainvesting in trading is more profitable then gambling. if you dont want to loose your money, stay away from gamblingm This is my personal view about gamblingm i dont know what others think about gambling. You can continue gambling if you think its profitable for you. Profit for gambling depends on youm If you are a pro and have some experience about gambling, you can make some profit. Gambling is a total loss for newbies.
I think it depends in the people who are playing it. Many people out there have been lucky and skilled they have been winning very much, you need to limit youself to avoid losing too much, and avoid being greedy. It is profitable if you are not greedy and if you are limiting yourself to the amount you have been invested. Luck is not depending on people, it may fall on anyone. If you do gambling for long term you will loose the bitcoin from the wallet. Casino is the bad option to start the gambling career but sports betting will give a way to earn the bitcoin with your knowledge in sports such as football, rugby and so on. I agree with sports betting. The reason being is that, if you know very well the team, coach, players of the team, and their opponents, then you have better chances of winning compared to slot machines and other online gambling. You should also need to learn how to control your bankroll though in order to not lose all your money in one setting. |
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So after reading this thread the first time back on Page 22 or something I've now tried to only live on gambling for the past 60 days. There's been some crazy ups and downs and an emotional rollercoaster. The Mrs. has not been too happy either.
I believe I've been earning around $150-$450 on a daily basis. Been betting on Sports & eSports and I've been playing a small amount of Casino & Poker.
I have some research and some complete numbers that I can share later on when I'm at my PC. If there would be any interest.
Conclusion: Can gambling be profitable in the long term? - Absoluteley. Is it fun? - Not really, a lot of stress and pressure with a lot of highs and lows throughout the day.
I guess the stress come from the wanting to win. When we fail to predict the right outcome, it will become frustration or when we fail in our strategy to win the game. Though I believe gambling is profitable to those who knows the in and out of gambling rules . Though I think being the owner of a gambling casino can give you more chance of winning or get profit in long term. Being an owner of a casino or a gambling website surely profits, if it has got a good development team as well has a funding team to popularize and the perfect calculation in odds to have a house edge will surely profit in the long run. Same time there are gambling websites that were much popular in the beginning and went bankrupt in a short. So gambling and owning gambling websites is profitable in the long run, if the person is good to learn from mistakes. owning an online casino is much profitable in the long run than just being an ordinary gambler. online casino make a profit through the loses of the gamblers - there has to be a winner and a loser between the 2 but, the casino owners have their special weapon to secure profit at the end of the day and that weapon is what we called house edge advantage. |
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The only way gambling will be profitable in long term is when you lose continuously in a long period of time and then won all of those losses at the last part. Most of the time, the whole gain and loss thing is fluctuating and the only way it ends is when you finally lost all of your money. In the long run, everyone's losing because we only stop when there's nothing left to gamble.
The lesson is to have a pre-bet calculated plan. Where you only do certain amount of bets in a session and stop on designated target whether you lose or win. There is no emotion involve - only follow your pre-planned bets. |
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I think both can be profitable but the trade will be more profitable than gambling. Gambling is mostly dependent on your luck and not on the skills you have. You are lucky you will win, and if you are unlucky you will lose everything. For trade to be different, profitability will depend on your own decision, not expecting luck, you will need a bit of skill, knowledge to make a profit. I am also involved in trading and have made a profit. Joining a trade is only difficult initially to learn the skill, but once you know how, you can earn a lot.
trading can be a way to gets profitable if we have skills in trading like you said and skills is something that we should have. i think if we want to playing gambling, we don't always to have skills and only depend with our luck to win the games. but some people is getting profitable in gambling games because they have the best luck in that games so they can win big money. Learning trading skill is really valuable especially if you really want to go to trading route. While in gambling, there are also strategies in place but is always more riskier than trading. agree because in trading you are in control , you are the one qwho is deciding to buy this coin or not because in the end if you lose then its your fault because you invest on that coin unlike in gambling you are relying in your luck and you will win Right, with trading, you do not lose when you buy altcoins and it loses its price because you only lose or win when you sell it. So when you are still holding it, you are still in an opportunity position ready to sell it when the price rises. As stated price dump doesn't mean that the user has experienced a good selling. Some experience a loss, because they don't have any other backing to buy and hold other altcoins. At such situation it's a must sell causing a loss to the user. This is how trading works and with gambling all that's necessary is luck, without that winning chances were very low. That is the beauty of trading, we can control and even take some loses to jump on the next moving altcoins and calcualted the potential gain out of that jump. While on gambling, when you lose, you really lose..haha what I mean is that, you have less control with gambling. |
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I will carefully explain on why GAMBLING is so addicting. Gambling creates an attitude of you going-in and out repeatedly while you evading the risk of it. One might say that gambling is fun for them but others might also say that it broke them. But whenever you gamble, it is inevitable that you experience winning but also losing. That's why people gamble because they feel that they are always winning. But once you start losing, you will feel that you want to recover your wasted money and this crucial part is what makes people suicide. To conclude, gambling is very addicting because you can double your earnings in less that one hour/day but this can also lose all of your earnings if you do it everyday.
That is a good description there mate. True, people tend to get amazed when they double or even triple their money in just minutes and when they lose, they feel that they can recover by playing again and before they knew it, they lost all of their bankroll already. |
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as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me
Alt coin trading seems good but must be careful in analyzing   Correct. We must also trade with top moving altcoins so we can capitalize on price fluctuation on any given day - we don't want to stack our bitcoins in altcoin for weeks and even for months. We need to keep trading in a day targeting just 2-5% profit and rinse and repeat and we will be good  |
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The banks will never dissappear. We need the bank, like it or not. Need a loan? Go to the bank. Want to save money? Go to the bank. Need to store your money somewhere? Go to the bank.
You are correct there mate! As long as there is a fiat money in existing, banks will always be there. It will really not disappear anytime soon. It will however, coexist with bitcoin though. |
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That's all trye,we should only play the amount we can afford to lose to have no regrets for its hard to tell whether we can earn or not.
The amount that we can lose and make sure that it is only small amount. I dont think it is good to spend alot even if we can afford it. Alot of people have lose alot from gambling so I dont think that it is good to waste money. The money that we dont waste could be use somewhere else when we need it for sure Even if we do have lots of money to spent its not really a wise thing to lose it all on just playing gambling and as you said there are lots of things that we should make prioritize rather than on playing gambling alone.Smart way is that we do know how to set our limitations on playing gambling,not playing on longer time and and dont spend on the amount that you cant afford to lose. I could not agree more to this. We should always have that limitation and have the discipline to stop when we reach that limitation no matter what. This is how to combat great loses in gambling. Have a limitation and hold yourself to not gamble in hurry. Take a break when you think you are losing your mind , cool it down and restart again later. Don't do gamble too often to avoid the number of losing control . Good advice! One of my mentor before, who is a making a living just with gambling (professional gambler), he always told me to stop, breath, relax, and let others bet in a few minutes before making your next bet. |
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Deposit fees Trading fees Slippage Spread ••• It's unregulated so there is always someone with insider information - knowing about announcements a few hours before... It's a bit of a "greater fools theory" - if you know charts and are OK with managing emotional spikes and have time to monitor trades and invest in tools and education = "easy" win Nice one. There is also a great way to earn better but it is more of riskier though - buy ICO of startup altcoins and when it is riped, you will sell them at a higher price of bitcoins. But if you just go with trading, you can still earn even without the insider knowledge - heck, you can even capitalize on this and buy in advance because there will be some shark coming in from time to time. |
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If you do some research you will absolutely notice that bitcoin is better than gold right? bitcoin today is increasing value which is 2500$ more but gold is in super slow increase meaning bitcoin is the most profitable if you stack or hold some of it, gold is not decentralized unlike bitcoins which is decentralized
yes gold is now not in the position that it will give benefits and profit in short term to the traders while bitcoin is giving a highest profit is a shortest time period so for all of us if we want t get the benefit then bitcoin is better for us. With the current price of bitcoin, it is kinda risky to invest but hey, the potential gain is very big. At the moment, I am taking it slow and gain bitcoin through signature campaign, trading altcoins, and few sportsbetting. |
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Because of the addiction that's one of the reason why keeps coming back of the gamblers in the gambling sites.
So I suggest changing there habits is the thing to do to avoid it.
aside from addiction, they are also chasing their previous loss which aggravates more on their overall losses in these online gambling casinos. The point is, when you lose, never ever chase that loss and treat it as part of the game. |
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If you have some favorite team/games that you always watched it is an advantage for you to win and gain profits but the rewards is not that much especially for those fav team you need to have a good capital in order for you to win big because of low odd.
The point is, at least you are earning and doing rinse and repeat, you will still win big profit in the long run. Most of the gamblers loses big time, when you manage to have more winning bets than losing one, then you are good to go. There is no easy profit but as much as you earn and you can handle your winnings well it is good. But i disagree with you bevcause mostly gamblers losses in the long run and not earning .Gambling isn't the right way to earn money unless you are the owner of a gambling hoise every minuye and every second it was an easy money. You are right that majority of gamblers will lose in the long run but there are quite a few that outlasts it and win more than losses in gambling. These people are professional gamblers who have the courage and discipline to control their self when gambling and only stick to their pre-bet plan. |
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I think both can be profitable but the trade will be more profitable than gambling. Gambling is mostly dependent on your luck and not on the skills you have. You are lucky you will win, and if you are unlucky you will lose everything. For trade to be different, profitability will depend on your own decision, not expecting luck, you will need a bit of skill, knowledge to make a profit. I am also involved in trading and have made a profit. Joining a trade is only difficult initially to learn the skill, but once you know how, you can earn a lot.
trading can be a way to gets profitable if we have skills in trading like you said and skills is something that we should have. i think if we want to playing gambling, we don't always to have skills and only depend with our luck to win the games. but some people is getting profitable in gambling games because they have the best luck in that games so they can win big money. Learning trading skill is really valuable especially if you really want to go to trading route. While in gambling, there are also strategies in place but is always more riskier than trading. agree because in trading you are in control , you are the one qwho is deciding to buy this coin or not because in the end if you lose then its your fault because you invest on that coin unlike in gambling you are relying in your luck and you will win Right, with trading, you do not lose when you buy altcoins and it loses its price because you only lose or win when you sell it. So when you are still holding it, you are still in an opportunity position ready to sell it when the price rises. |
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