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21  Economy / Gambling / Re: [VIP Transfer AVAILABLE] MetaWin.com | The First WEB3 Casino on: May 19, 2024, 12:07:44 PM
I would have been interested for sure if the required deposit is reasonable of course. But now the promo seems closed anyway.


I understand that this is only for the VIP's and there are only few here who can afford the deposit requirement that's why they are called VIP. About the promo, I can't verify if it's already close since this isn't for me but as per LM in this thread its until May 31.

Quote
Please submit your entry within the May 31.

We are talking about 2 different things.
You are talking about the contest by littlemouse with the 50$ btc.
I am talking about the VIP transfer which doesn't take new applicants according to the google doc:

https://docs.google.com/forms/d/e/1FAIpQLSesWvtgoABRRru3g0gwioR-p3BparTveg6zHO1S6T8BwB_r2Q/closedform
I see, thanks for the clarification, it is indeed close already when I check the google docs.
That's why I'm not quite sure as I'm not a VIP myself, can't remember I have been in any casino.

And as I said, I have 5 million wager on stake, and a higher than average VIP level.
Shocks, you mean $5 million? How many years are you betting with stake already if you don't mind me asking?

Quote
SO that's why I wonder what amount of a deposit would be necessary to transfer the VIP level.
I guess we have to wait for OP to be online, he was last active last may 15.
22  Economy / Gambling / Re: [VIP Transfer AVAILABLE] MetaWin.com | The First WEB3 Casino on: May 19, 2024, 08:48:33 AM
I would have been interested for sure if the required deposit is reasonable of course. But now the promo seems closed anyway.


I understand that this is only for the VIP's and there are only few here who can afford the deposit requirement that's why they are called VIP. About the promo, I can't verify if it's already close since this isn't for me but as per LM in this thread its until May 31.

Quote
Please submit your entry within the May 31.
23  Economy / Gambling / Re: House Edge on: May 19, 2024, 07:39:36 AM
Maybe the explanation have sense, but my personal belief, if you evade the house edge, just bet on the odds with 2.0 +... and 50/50 winning percentage is not really certain as the odds provided or spread are just estimates. Unlike in a machine operated game where it's completely correct as they created the system.
In fact the house edge for sports bets is usually higher than the hs for other games. It's just it's a bit harder to calculate and gambler have hard time to grasp how it works.
To have a better understanding of how it works you should remember that there are other gamblers who might bet on the opposite outcome of the game. Personally, I believe it's easier to understand how the he in sports betting works and how to calculate it when using the American odds format.
That's right, I also ask "chatgpt" regarding that and it says that there's really a house edge in sports betting. It doesn't matter if you bet on the odds +100 because you are getting less probability. That's why I'm looking on the lines which I see have good value, so I could eliminate or at least minimize that house edge.

In casinos, the lowest house edge is probably 1% or there are even lower than that, but in sports betting the normal juice or vigor is 10% as the even action of odds usually have 1.90 (decimal) or -110 (american).

By the way, I'm not having a problem understanding the odds or interpreting it as I have this https://www.aceodds.com/bet-calculator/odds-converter.html
24  Other / Beginners & Help / Re: Learn a skill instead, you will be set for life. on: May 18, 2024, 11:28:12 PM
Obviously, people think since crypto is anonymous, they could use it as a conduit for any reasons due them but they forgot that Crypto is an open ledger unlike the banks that hides their dirty deals after messing up. Anything transaction you do on chain is already stamped and can not be reversed to wiping out traces just like the commercial banks does.

Learning a skill is someworth reasonable because that would help one grow their streams of income for see you survival. If you are skilled in a particular field, you have the chances of being self employed and would be sort after by people who needs your services.
Seeing that crypto could be anonymous and yet it’s transparent, still doing money laundering using crypto is not safe. That’s why a lot still end up in jail. Whether it’s fiat or crypto, as long as money laundering is concerned, know that you’ll end up caught by authorities.

Knowledge and skills are necessities in life. If you don’t have certain skills or talents, you will never stay longer in your chosen career. But if you have special skills, you can always suit yourself where you want to work with that can even harness your own talents and skills.
25  Bitcoin / Bitcoin Discussion / Re: Does the world know about Bitcoin? on: May 18, 2024, 10:21:59 PM
Of course there are many people who don’t know about Bitcoin. We have at least 8 billion people on earth and it’s almost impossible for all of them to know. However, I think that Bitcoin has grown really well because the average person even in developing countries may have at least heard the name. The only challenge I see is that they may have a misconception about it.
Well, lucky are those who have known early about bitcoin because they can seize every opportunity that comes with bitcoin. But for those who are not yet aware about bitcoin, I believe internet access is probably their number 1 problem. Because if they do so, they would always hear about bitcoin every now and then.

Also, there are instances that majority have already heard about bitcoin, but the problem is they have negative interpretations about it most especially that the government has always been cruel to bitcoin. Not because it could be a competition for fiat in the future, but because they can’t control bitcoin due to its decentralized nature unlike what they can do to fiat.
26  Economy / Gambling / Re: BC.Game asking for KYC before letting me Withdraw on: May 18, 2024, 09:12:05 PM
Just contact their customer support and request the procedure for you to provide the requested information.
He clearly mentioned that he contacted them after which they asked him for his passport which he doesn't have at the moment.

This was already a few weeks ago, and since the OP mentioned it takes about two weeks to renew their passport, it's possible he has already completed KYC verification with a valid document. We simply don't know yet because OP hasn't been active on the forum recently.


Actually I don't understand why it is necessary that a passport is needed to verify KYC. I think what they ask is too sensitive, why not just a simple valid ID to verify the account? And to think, OP has been playing for over 5 years already, he should have been treated like a real VIP, you know when you are a VIP you are treated special and should not be given a headache. Hopefully OP can make an update soon and don't just let this case hanging open.
27  Economy / Gambling / Re: House Edge on: May 18, 2024, 08:53:53 PM
I think the key words here is "in the long run", that is the most realistic explanation on how the house edge will beat us. Of course, when we are lucky we can also win, odds like x10 or x100 is possible in any kind of gambling games, but as we know, casinos doesn't rely on that, they rely on the system of the casino that always gives them the edge every time you spin.


You’re right, House edge is like a cancer that slowly eat your bankroll without even noticing it until you play longer since casino returns has a slight decreased for a 1:1 payout.
A proper mindset will help you deal with that kind of gambling. The reason why casinos are profitable is becasue of that house edge, so at least understanding that will help us minimize the risk because we will no longer pursue trying to bet big to win big, just do it for fun, bet what you can afford to lose and stop withou regret when you lose.


Sports betting is one of the game that doesn't have that "house edge".

Not true. Sportsbook has a house edge. Check sportsbook odds for an even game. You can’t see an even match that has both 2.0 odds on each side since casino applies house edge by lowering both odds below 2.0 despite the winning percentage is just 50/50.

Expected Value(EV) should be zero for a sportsbook doesn’t have a house edge yet most of the bet offered has a -EV which means house edge applies.


Maybe the explanation have sense, but my personal belief, if you evade the house edge, just bet on the odds with 2.0 +... and 50/50 winning percentage is not really certain as the odds provided or spread are just estimates. Unlike in a machine operated game where it's completely correct as they created the system.

sometimes odds in sports betting are overvalued or undervalued, so that's the big difference that does not exist in games like roulette.
28  Economy / Gambling / Re: House Edge on: May 18, 2024, 06:57:49 AM
For example, if  stake have 1 percent house edge on crash, and bc.game has 2 percent, it simply means that this game on both casinos are provably fair, but the chances of winning a significant amount are not the same, as 1 percent house edge simply means those playing on stake have a higher chances of being in profit for a longer time if luck is is on their side.
house edge and provably fair are two totally different things, there is no relation between them.
Also, having a higher house edge doesn't mean you have a lower chance of winning a significant amount. The amount to be won depends on the odds and the bet amount. The impact of the he is insignificant when we are talking about a single bet.
On the long run, theoretically, you are unlikely to be in profit. However, in this case, the lower the house edge the lower your losses.
I think the key words here is "in the long run", that is the most realistic explanation on how the house edge will beat us. Of course, when we are lucky we can also win, odds like x10 or x100 is possible in any kind of gambling games, but as we know, casinos doesn't rely on that, they rely on the system of the casino that always gives them the edge every time you spin.

Sports betting is one of the game that doesn't have that "house edge".
29  Economy / Gambling / Re: Can i bet 5-10k on a single bet anywhere? on: May 18, 2024, 06:00:52 AM

OP isn't looking to bet on big leagues. You guys should read what I wrote before.
He is looking to bet on the Serbian league, claiming he has fixed matches. That's what this thread is all about. Posting some nonsense and then trying to convince people via telegram that he has fixed matches he wants to bet on.

It's not about bookies or whatever, he is just trying to spread his bs.

You guys just comment without reading what has be said before, repeating all the same sites like it's a broken record.  Roll Eyes

Do you know OP personally? Because I can't seemed to find any of his post referring to "fixed matches"..

He only had 3 posts in this thread and all was about looking for help to bet on a casino that doesn't ask KYC and does have a huge limit.

his posts history here......


https://bitcointalk.org/index.php?topic=5496397.msg64082813#msg64082813

Read this. I don't know him personally but spoke to him for some minutes. Or let's say he spoke and I just scratched my head and though if he thinks I actually believe this shxt.

Thanks for clarifying things out, you don't need to show the screenshot of your conversation as I know who to believe here. Appreciate your reply.

Nowadays it's really hard to trust newbies that would suddenly appear talkin about big bets. This "fixed matches" just appear everywhere and it seem like the pattern here is a newbie trying to victimize newbies since if you look at it and you are not an experience gambler, you can easily smell easy money, but it's actually a trap.
30  Bitcoin / Bitcoin Discussion / Re: How can we increase the awrarness level for Bitcoin adoption on: May 17, 2024, 10:34:11 PM
there are still people who are online every day but are not aware of Bitcoin still. they just stay on social media but are not subscribed to some friends who are aware of BTC. there are local forums in my country where i share some Bitcoin memes and updates, but only a handful of users keep talking about Bitcoin.

although we are happy discussing what we earn from the price increase, a few who accidentally click the thread are just there to say hi. rural areas might just be the last especially if an internet connection isn't accessible.
Bitcoin might probably reach a point where everyone gets aware with it even in rural areas. And this social media would be very helpful to that. But that will only happen if rural areas will also have an access to internet, thus having a consistent internet connection is crucial. If it won’t happen, then I should say that bitcoin promotion might not be possible with people living far from the city.
31  Bitcoin / Bitcoin Discussion / Re: Did you start investing in bitcoin because of some celebrity ? on: May 17, 2024, 09:18:19 PM
I see that current youth is inspired by celebrities and influencers in big way. Did you also start investing in bitcoin because of some celebrity ? Or you know people who belong to that category ? Is it a wise decision to do so or we should do our own research for better results ?
Celebrities and influencers who attracted us to invest in bitcoin are not bad and should be avoided, in fact we should be grateful instead that they open our eyes to the potentials of bitcoin. That’s why we should also do our part on verifying what’s there in bitcoin that we should follow them instead of ignoring them. Although I don’t invest because of them, but I must say that they were very helpful on guiding me on how to start with bitcoin. Now, I’m already enjoying the fruits of my investment, and I’m thankful for those who have introduced me into bitcoin.

32  Economy / Economics / Re: Ever dreamt of turning your passion into profit? on: May 17, 2024, 08:16:01 PM
Turning a hobby into a job is sometimes a very good situation indeed and it will make us comfortable with what we do.
But sometimes such good things cannot come to everyone because life is not that comfortable to get good things in everything we do.

Currently for generation Z, most of them always want this where it is certain that content creators on several platforms or social media are the main goal or most likely to become a gamers who are still very popular but in the end things like this sometimes have higher competition because of the same mindset.

So in this case it is important for us to start being realistic in doing things, even though it is not a problem to try to approach where hobbies can be used as one of the income generators but we also need to realize that if in the end things like this sometimes cannot match expectations so we also need to try to be realistic when we have tried and failed because not necessarily what we want can happen even though we have worked hard.

In short, don’t just rely on your hobbies to make them work and provide an income, but always find a real job, regardless if the job is according to your passion or not, the important is you are being paid. Now, on the part of your hobbies, I guess much better to remain it as a hobby so you won’t be too much pressured making it work just to secure an income. However, but if you can make an extra income out of your hobby, well that could be better as well.
33  Economy / Gambling / Re: Can i bet 5-10k on a single bet anywhere? on: May 17, 2024, 07:36:37 AM

OP isn't looking to bet on big leagues. You guys should read what I wrote before.
He is looking to bet on the Serbian league, claiming he has fixed matches. That's what this thread is all about. Posting some nonsense and then trying to convince people via telegram that he has fixed matches he wants to bet on.

It's not about bookies or whatever, he is just trying to spread his bs.

You guys just comment without reading what has be said before, repeating all the same sites like it's a broken record.  Roll Eyes

Do you know OP personally? Because I can't seemed to find any of his post referring to "fixed matches"..

He only had 3 posts in this thread and all was about looking for help to bet on a casino that doesn't ask KYC and does have a huge limit.

his posts history here......
34  Economy / Gambling / Re: COINS.GAME | THE MOST REWARDING CRYPTO CASINO | SPORTSBOOK & CASINO on: May 17, 2024, 04:49:39 AM
This is one of the biggest problem especially if the amount involve is not big enough, some are not willing to take risk undergoing the KYC procedure. So were not able to withdraw because you didn't comply the KYC?
I believe it's better if the casino asks you to verify your identity when trying to withdraw a small amount (supposing it's all you have on your balance). At least, this way if you fail to pass kyc then you would lose a small amount. It's better than asking you to do it when withdrawing a larger amount.

Their representative has been inactive for quite some time and there are few complaints and scam accusation they really need to address if they still care about their reputation on this forum.

Most of us here I think care so much about gambling anonymously, so this KYC thing is really a problem. personally, if I only played with a small amount, I would not bother to ask the casino to compel me to comply with the KYC, but at least I know myself that when I hit a big amount, I'll be willing to follow the necessary procedures for KYC just to ensure I'll get the the amount.

As to their rep in the forum, I checked the account, it was last active on March 3, so that's already over a month. Maybe it make sense they are not anymore active as they've done their promotion here, but still not good if they'll let their reputation got ruined without defending themselves.
35  Bitcoin / Bitcoin Discussion / Re: When investing in Bitcoin: what to consider? on: May 16, 2024, 10:55:59 PM
We have different opinion about Bitcoin so why bother what others or critics think of it?
They don't see it as a currency then move on we don't need to force them to see it that way, we have been using it however we want (payment option or investment tool).

Those who have never seen bitcoin as a currency are obviously those who are pro fiat and only follow what the government tells. So I don’t think their opinions greatly matter to us. We trust to invest in bitcoin not simply because we believe it’s a good currency, but more on a highly profitable investment tool. If critics don’t see it that way, then that would be their problem anymore, not ours. Let’s just focus on bitcoin, and leave them on fiat. Bitcoin will come to prove to them in the end.
36  Economy / Trading Discussion / Re: How to become a successful trader on: May 16, 2024, 09:53:48 PM
For you to become a successful trader, make sure to have your own stable job first so you won’t be pressured and force yourself to hit profits in trading. Note that trading is very unpredictable due to its uncertain market, so even if you have predicted some potentials to win your trades, still there won’t be stable guarantees that it’s gonna happen since there could be sudden twist and turns that will change the position of your trades and see them losing at the end.
37  Economy / Speculation / Re: When is next significant correction coming? on: May 16, 2024, 09:15:35 PM
I think even if you have one job, you can still do DCA and buy Bitcoin through your salary but you need to budget everything to the tee so that you won't touch your investment and just continue to do it day in day out. And with that it's going to be a hard grind for us average investor. But for me, it can be done though, going to be hard but possible to accomplished to start during the bear market, accumulate up to this day thru DCA. But as others have said with this strategy, you really need to be prepared and have the patience and. As for the question of the OP with regards to the correction coming, we are still trading sideways after the halving and did dip to $57k'ish so that could be the best time to buy.
Setting aside some money to buy Bitcoin using the DCA method is very good, but we must still be smart in managing our financial conditions. If it is going to be bearish then it is better to collect money in USD first. After that, wait for the Bearish time to arrive and buy as much as possible. However, we also must not regret it when the bull run comes before the bear run occurs. Because that is one of the risks of the decisions we choose.
DCA is perfect for those who have consistent flow of money regardless of how big or small it is. However, if you have a lump sum amount of money, then just wait for the dips to come or when the bearish market appears, that way you can invest your money at the highly potential coins like bitcoin and maximize their quantity while their price are still cheap and affordable. Expect that you will gain a massive returns when you decide to sell them during a bull run.
38  Bitcoin / Bitcoin Discussion / Re: DCA: the power of little beginning on: May 16, 2024, 02:01:42 PM
It's always best to start, no matter how little you have. If you keep waiting for the time you would have a lot of money before you start investing, you're just going to end up missing a lot of good opportunities.

So, it's best to just start now and keep building up, before you know it, you would hit whatever target you have set
Each small amount of money will always be relevant to bitcoin, so if you don’t want to miss out opportunities, don’t procrastinate but invest now so you can reap massive profits in the future. Does not matter if you don’t have sufficient funds on hand, what’s more important is that you take an action now and start investing even with a small amount of capital. Little did we know this small amount of capital will gradually grow and turn millions in the future, just trust the process.
39  Economy / Economics / Re: Buying Vs Renting a Home- Which is the right move? on: May 16, 2024, 10:12:16 AM

If you have the means to buy a house, then buy one. It's hard for a family to move now and then because all you do is rent all the time. The only reason why a family doesn't buy a house is if one doesn't like living in the place, either the father or the mother is undecided.

One parent thinks of going to live close to her/his parents and the partner doesn't want to live close to the partner's parents.  This is something that both have to decide really.
If you want to live for good for that certain place considering a lot of aspects, then buy if you have all the means to buy. After all, if ever you change plans in the future, you can still have someone rent it as long as the unit is conducive by all means.

However, even if the are is not totally developed but you have seen some good potentials for progress in the future, then you can always buy it and probably resell it in the future for a higher price. At least your capital has doubled or even tripled its price.
40  Economy / Speculation / Re: Dropping Bitcoin price could significant rewards for investors in future. on: May 15, 2024, 10:57:58 PM
Those who are doing DCA are the real winners because no matter what they keep accumulating Bitcoin and during bull run or major pump they would be in profit and even during the bear run they won't be in loss as they purchase BTC on literally every price.

Most people do say dip is a great opportunity but once the market dips we see people panicking and selling off and they don't buy during dip except for tenured veterans.
Yes, regardless of the market’s position, those who DCA have nothing to lose but instead will continue to grow their bitcoin portfolio while taking advantage of the current dips. However, for those who are starting to invest while bitcoin price has not surge high, that’s a great opportunity to maximize your investment, but always remember to invest at your own risk. Invest what you can afford to lose even if you intend to hold longer your coins, knowing the crypto market will still be uncertain in the future.
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