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201  Economy / Gambling discussion / Re: Claw Machines: a category of gambling? on: April 02, 2024, 11:24:45 PM
Personally, I believe that it is  form of gambling simply because thereis a possibility of losing and winning something out of a stake or payment. It is just not alike with the traditional betting wherein high stakes are on the line. It is a form of gambling because of the idea of lacking assurance whether you'd win the prize despite of paying for your 'shot'. You are simply paying for the probability of getting more than what you paid for e.g $.5 for a stuffed toy. The claw machine's arm in most instances would be 'soft' to pull the desired prize off the machine. Well, indeed some people are using strategies to get the win but it doesn't work all the time and that still doesn't promote assurance, which for me, makes it a gamble.

Again, it is just different with traditional gambling games sinply because the prize is rarely money. Fun fact, any activity wherein someone will either gain or lose, tangible or not, reward or consequence, as long as assurance of winning or getting what you are expecting to have at the end of the game, would be considered as gambling.
202  Other / Off-topic / Re: The challenges of protecting children from gambling on: April 02, 2024, 04:55:46 PM
They will always find a way to have access on gmbling platforms if they would want to. Best thing is to be a guidance to them and to set a morale that gambling could yield to worse situations. They might be aware of it but everyone needs a reminder from time to time until they possess the initiative of not doing so. Have them watched shows, I believe it is also a primary source of learning for children at a young age. You may also limit their access to money and funds that would allow them to bet. Be on watch as well with your child's friends. There are many ways and the goal should be to keep away their interest in this activity. Also, invest time knowing when did they started gambling and where did they learn about it.
My worries was increased by the fact that there are physical casinos and betting shops(as they are called in my town) in many streets with big signboards. Children passes these places and some parents do stop by with their children to place a quick bet. Is there anything that can be done to protect children from gambling with reference to physical shops that they see everyday?
Physical shops are never a problem to child gambling, because inasmuch as these betting shops are common this day, they are have strict rules to allowing only people above the age of 18years, which has always been the same to online casinos. Hence, judging from the scenerio you just explained above, I think the best and only way to stop children from picking interest in gambling is for parents to stop carrying their kids along while going to gamble, because though this may seem normal, it does have a phycological effect (i.e of want) it stimulates in the heads of these kids whenever they see their parents gambling. Hence, the best solution is to stop exposing them to gambling, be it physical or digital.
You may also block the common gambling sites they are engaging themselves with. Have them supervised as much as possible to be on watch of the things they enjoy; correction of behavior will then be implemented.
203  Economy / Gambling discussion / Re: Does prediction in sport work for you? on: April 01, 2024, 05:46:28 PM

If you are interested in gambling on sports, do you rely on prediction betting sites? Why?
What is the most prominent site you rely on?
Well, I don't and will probably not try it. There are instnces bettors are winning big from these prediction sites but I always wonder, is it as satisfying as betting with your own? I do lose with my own analysis and prediction but at least I had the feeling that it was me who decided with that bet and there no one to blame for that. Just thinking of losing because I followed what these prediction sites are suggesting, would give me regrets especially if I had the opposite bet as my personal viewpoint. Therefore, to avoid having such feeling, I just mind my own way of betting. I also enjoy the experience more given that no one dictated me  and still doesn't guarantee a winning bet. Anything could happen during the game and no statistic will give you assurance that you will bag the win for that bet which is why I don't  have the means to bet on those predictions.
~snip~

If you are interested in gambling on sports, do you rely on prediction betting sites? Why?
What is the most prominent site you rely on?
No and no...It's a big no for me because that will make me lazy to create my own analysis and trust my self with sports betting.

Well, I also follow predictions from other people or we call that tipster but I don't "rely" on them as that is not the key to be successful in sports betting. you may win by following them but where is the consistency, are you sure the tipster you are following will give picks regularly? What if no tips are given, or what if in the long run the tips are no longer free?
I agree , you may use it as a guide on your decision if you really needed so but  that depends on you as a bettor. If you'd be happy just with the profit and not with the 'true' experience of analyzing the game, then you're free to follow those prediction platforms. Personally, I'd just stop gambling if I would be depending with such tool. I'd probably feel like I'm cheating against myself. If I would be too scared to lose that I'd depend with other  assumption, I'll just quit because there's a bigger chance that I'd be choosing profit in most instances, ad that could make me greedy, then addiction is on the line.
204  Bitcoin / Bitcoin Discussion / Re: Has BTC really become more attractive than gold? on: April 01, 2024, 05:23:45 PM
I can't say no. Athough Bitcoin is a digital currency originally and that it still have adoption issues, Bitcoin became a powerful and popular asset to many people.  I'm not sure if it is "more" in comparison to gold given that there are investors of gold who are not into this blockchain technology and vice versa. But if you're a man between then yes, and obviously due to faster rate of increase in its market value. However, if it is with risk then Bitcoin for sure has it more due to price volatility. Attractiveness doesn't guarantee which one is better tho, it still depends on investor's preference; higher risk and high rewards or a more secure asset.
Personally I don’t think one is necessarily better or more attractive than the other. They both serve their own purpose, different purposes, so I think they are both attractive in their own way. Personally if I’m someone with a large enough portfolio, I’m making sure that I own both gold and bitcoin.
You’re right then. Both bitcoin and gold can be much attractive as the other. While there are good profits with bitcoin, numerous amount of people also make decent profits from gold. Hence, both can be profitable in their own ways and purpose. So taking both sides as an investment may create multi profits in the future. The more you diversify your investment, the bigger the chances you’ll gain massive profits.
Both clearly are profitable assets to be held for years. There are just differences with physical form, usage, and risks involved in these two. Diversification indeed is the key if you're in doubt but having your interest into things. No one is required to put everything in one bucket, right?
205  Economy / Gambling discussion / Re: Is lack of proof a problem for you or not? on: April 01, 2024, 04:47:38 PM
Most online casinos are said to be regulated, they claimed to have a license to operate, but experts claimed that it's stupid if there isn't any evidence of them being regulated.

My question to all of you is ...

Have you verified that the online casino you are using now is verified? How can you tell that its verified because there is no proof of verified shown to the public.

Also, in any way, does it bother you if you can't be able to figure it out that the casino is regulated or not?

Do you think that if all online casinos can tender some proof of being licensed all it reduce scams in online gambling?
Never had thoughts of it. When I'm looking for a platform or gambling site to be more specific, I only engage with small amounts for the whole month, although I am not a heavy bettor in the first place. If things are fine then I'd just continue and with this, if ever I m in doubt of their credibility I could leave anytime I want. If I would ever be engaging huge amount of money then I'd choose those which are known by many and not those which are just newly operated. If you're in doubt then move to other platforms. As far as I know they don't usually publish their registration number or ID in their platform. Well, ofcourse it would somewhat increase the trust of players on their site however, registered or not, if they have the motive to do things which I doubt they would be too reckless to catch the attention of public, then they would regardless if they are registered or not. This is why I seek for a platforms social proofing and reputation more than with numbers and papers that could be easily tampered.
206  Economy / Economics / Re: Irresponsible spenders consumes their retirement resources and losses values. on: April 01, 2024, 04:19:24 PM
Everyone with the way they understood life, if they see's life as something one needs to enjoy without making a proper investment then that is the way they viewed their lives. But those with the conscience and conscious of becoming penurious would always go for investment and wise spending. Naturally I don't see any need for someone to go waste money for that are necessary for the to spend that much although, there is nothing wrong when someone spend a dollar or 2 over a bottle of drink or food, but there should be a limits to how men spend on irrelevant things because life we say doesn't end immediately when we finished every money we have worked for.

Well, relevance of the things we purchase is subjective. Some are indeed into things which are expensive and are not minding the idea of saving or engaging to investment but that is I guess valid, in the first place that's their money. With retirement, maybe they don't view themselves reaching such point which is why they are focused on the present. Realistically speaking, living in the moment is a good thing to do, but of course with moderation in most instances.
Life is sweet and we all have just one life so lets enjoy it to the fullest because while we are strong and healthy today, some are dead while some are in hospital.
Meanwhile we that are here do not know about our tomorrow so...
Rarely does a person think about death unless he is old enough or his death has been medically predicted by a doctor. If you find a man like that, then don't disturb his fun. After all, you don't know how productive they were in the past.
Valid as well. Some people just find joy and rest from spending on things that would make their feelings of exhaustion, released. Being responsive with money means you know what you would be doing in those papers, it could be something that will generate or make it bigger, or something that would satisfy you, than to just let it be consumed by uncertainties.
207  Other / Off-topic / Re: No interest in gambling if there is no profit or fun to be accountable. on: April 01, 2024, 03:03:57 PM


To me if profits and funs are not featured in gambling then I don't find any Interest in it
Are there other purposes to engage in an activity other than entertainment and profit? I doubt there are other reasons to engage into it. To most of the gamblers, profit is the main reason. Some are even having thoughts of becoming rich from this industry because there are a few who did become. However, luck and faith doesn't work equally to all of the gamblers. Most of the time, people are losing in the long run and their hopes of still making it 'big'  someday, is the reason why they are still here. Few gamblers are playing to be entertained and they are most likely those who are rich already; they just gamble to kill time. Thrill and excitement, for me, is what giving entertainment to gamblers. With sportsbetting, watching the game with risk of either losing or winning profit, adds spice to their experience of watching their favorite teams.
I usually don’t blame the casino If I don’t get any profit after long time playing in there because games in casino is from different game providers that usually common on all the casino. I usually blame myself for being greedy when I lose because I’m the one who chose to gamble, not the casino.

Gambling is a game of chance. Taking a risk and successfully overcoming it is the one that gives fun to gambling experience. You will never be happy on gambling if you are only looking forward for the total profit and not to the process of getting that profit.
No one's really to blame because luck is being played in this activity. If you're lucky then you'd win, otherwise it is the opposite. No one has control of their betting outcome and the only thing you could do is to at least lessen the amount that could be lost.
208  Other / Off-topic / Re: Can family members help a gambling addict? on: March 31, 2024, 11:58:22 PM
Absolutely, especially with agambler's morale to make things better for oneself. Reminders, limiting his exposure to gambling activities, and such.  Perhaps with sibling relationship, they could bond to lessen a gambler's compulsion to gamble. Most of us here are gambling to pass time right? It is where things originated aside from the desire of becoming rich from this industry. So I guess having another alternative thing to do, will also help. Another is influencing a gambler's mindset that losing is more certain in gambling if you'd be engaging most of the time given how luck plays in this activity. Last but the biggest I guess is convincing a gambler to seek professional help which he wouldn't always have initiative doing so. A family would be a huge help given that an environment is where an individual lives, however, it will still depend on the person whether he would be eager to change for the better.
I don't try to play the hero when someone I know is addicted as long as I'm not personally bothered. If he owes me a significant amount of money and he struggles to pay then I can consider seeking the help of his family. That is probably the time that I would also tell about his gambling activities. Would they be able to help? I don't know.
I think they will, or they should. Family bonds are strong and even their worst kids will be helped by their parents. I've seen it recently and I am so mad that they are still protecting him despite what he has done. $1000 gone in just a week or maybe less through gambling. It's my brother in law that has done a terrible thing, all his brothers and sisters are mad at what he has done because they will be the ones paying for all the money he borrowed from different people and that includes the motorcycle being pawned.
They will naturally help of course but the point I am also getting at is will they be able to effectively help change a gambling addict? That is what I don't know. They can assist him financially as proven by your example but that may still not stop him. A person can have all the support and the encouragement from friends and family but it is ultimately him who can change himself.
Won't be with one sided effort. If the family of a gambling addict will be the only one to encourage and do things on his case, then nothing will change. A gambler needs the change therefore he should also exert effort for his own. Effectivity would depend on how a gambler and people around him will do. There are also times a gambling addict manages to break addiction just on his own which is better to not worry your family.
209  Bitcoin / Bitcoin Discussion / Re: What is that one reason that motivates you to invest in bitcoin even at ATH ? on: March 31, 2024, 11:27:20 PM
Simply the idea that it can even create another peak in its market value. It really was fast; it only took a year from its lowest market price to breaking its all time high which makes it  valid to purchase even when its market price is still high due to hopes that the increase would be continuous. I personally believe that Bitcoin could really reach $100k after the halving however, buying or entry points are crucial for me. Don't get me wrong; buying at this point would still be profitable. If you have a lot of extra money to invest and won't mind holding for quite some time, then you're free to do so. If you can endure potential decline on its market price before the halving (more likely), then that's better. But I want to at least maximize the profit which is why i prefer a lower market price if I would be adding an amount to my Bitcoin holdings. I managed to buy early and to that gives me enough margin to not FOMO and other unnecessary actions.
210  Alternate cryptocurrencies / Altcoin Discussion / Re: "Meme" coins are ruining everything on: March 31, 2024, 06:41:30 PM
I don't think it is ruining everything. Memecoins has been existing for years as well and most of it are just 'hype coins' indeed however, hype means engagement still, and that is good for this industry at least. If it is with higher transaction fees then I doubt it is only because of the emergence of memecoins. The market value of Bitcoin, Ethereum and other coins of this industry have peaked recently and it would be normal if transaction fees would be higher, so I doubt it is memecoins to blame. But I'd agree that the impression from people towards memetokens could influence non- crypto investors. Memecoins are known for sudden price decline after a quick rally. Although it is a bit often to hear negative viewpoints toward this industry, the market price bevavior of memecoins could possibly push away those who are interested especially those who would generalize this technology.
211  Economy / Economics / Re: Debt Management. on: March 31, 2024, 06:04:06 PM
Point is clear but it all depends on how an individual will handle the need to borrow money from any banking institution or other people. However, there are just emergencies which will put someone at the edge of needing to do so and in those instances, it would be acceptable to purchase a loan but only an amount you can afford paying to not make your life miserable but of course as much as possible never engage to debt unless it is really necessary. Some people are engaging to loan for their businesses which is a good thing IF you have made a thorough research and can at least give you a decent potential to make it profitable and to allow it to pay your debt on your end. Now, with unwanted scenarios, best way to settle debt is to simply prioritize it and set aside those which could possible be. Even with baby steps, what matters is consistency. If you're in debt then embrace temporary struggle of paying it as quick as you can to at least be able to move on, afterwards and to continue what you are minding outside this scenario.
212  Bitcoin / Bitcoin Discussion / Re: People who mined bitcoins between 2009 to 2012 on: March 31, 2024, 03:51:53 PM

Those who did successfully mine 1000s of BTC easily, where are they now? What are they doing? HODLing / sold/ both ??

Recalling those who 'made' it early is indeed nice but for sure we know the answer on where they could possibly now with that instance. Most of them for sure sold too early and some even lost their wallets or their private keys. One reason behind this is not believing to Bitcoin's potential. Are they wrong from doing so? Well, the present would say yes but if it is from the past point of view, we really cannot blame them; the market value of Bitcoin only moved drastically starting 2016 up until the present. We heard stories of people who lost a hard drive containing large amount of BTC,  a guy who traded it to a pizza, and the likes. Regret is a normal reaction on them simply because we now see what it is capable of, at this point. And for me, things are the same with present investors; afraid that something bad could happen to this industry or that its market price could fall in a sudden. Between earky and present investors, we do share the same ground. No one knows of the future and if you are one who hesitates to invest then just be sure to avoid regrets in the future because of the possibility that its price could still go up if it would be fed by demand as years go by.
213  Economy / Gambling discussion / Re: Poll: Games of sSkill or Games of Luck on: March 30, 2024, 06:17:33 PM
Luck will always be the determinant of winning and losing outcome. Even with skill based gambling games, it would play a keyrole in order to win. Skills on skill based is simply integrating an analysis on what you would bet your money with. I think this is evident with card games and sports betting. With card games, a gambler count opponent card or note of the possible cards to appear, also with bluffing and such. With sportsbetting, it is using the statistics of a team or fighters you would bet into. Other skill is betting against or in accordance with odds. But again, if you're not lucky then you'd more likely lose, that's just it. Despite of this, I still prefer betting using analysis to lessen the risk of losing 'tho it won't guarantee the outcome, why won't we maximize the chances if it would somehow help right?
214  Economy / Gambling discussion / Re: Going all in and losing the bet on: March 30, 2024, 05:22:58 PM

Then I have all sorts of thoughts blaming casino, like do they manipulate the result of the game when user goes all in. I am sure they are all fair, it's just that the possibility of losing the game may be minimal but it's never 0.
No one has fault of what happened other than yourself but this should be more of a lesson than just a blame; you just became greedy of your bets. Concept of gambling is that you either win or lose, without assurance. Given this idea, why would you be betting all in if you're not sure that you'd be winning? If you lose then you're not lucky in that bet, as easy as that. Manipulation exist but not to all platforms and all instances 'coz that would simply ruin the platform itself. Just accep that you lost that bet and that you should not do such thing again to bet an amount you won't be fine losing. Anticipate the possibility of losing to at least restrict yourself from putting that much in a single bet. There are other people losing bigger money than what we usually engage, there will always be however if it is 'all in' on your end, then that makes a difference. We have different risk tolerance and as a gambler you should know yours.
I feel you. It;s natural to feel disappointed after a loss. I actually sometimes ask the same question on myself when I feel frustrated about the result of the game I didnt expect to come out as expected. Which later made me realize that wins and losses are part of the game. And in order for me to not feel the same thing again, I just set a budget, gambling with what I can afford to lose.
The right thing to do in all instances. We will never have control of the outcome in every bet. But I guess it would be better to expect the worse simply because this is gambling we are talking about. Regret indeed is a common response after a loss but that won't make things better on your next bets; either you become frustrated or hopeless.
215  Economy / Gambling discussion / Re: How can we help beginners not to get addicted on: March 30, 2024, 04:38:45 PM
Spreading cautions and warnings to the new ones would help to make them aware of how dangerous it is to be too hooked up with gambling . Well for sure new and old time players are aware of it but sometimes a reminder for them would be needed to make them cautious of their actions especially when it comes on betting. However, this will only be possible if they'd be open for such reminders, and it still depend to them whether to follow or not. Discipline as well with betting depends on the individual. There are just gamblers who often loses their control of the amount they waer regardless if they're still nee in this industry or not. There are also times they need to learn something the hard way. Especially when it comes on addiction wherein no one desires of such feat eversince, it just happens to a gambler if they'd be too greedy of the possibility of becoming rich in this industry.
216  Economy / Gambling discussion / Re: Have you been kicked out of a casino? on: March 29, 2024, 05:46:21 PM
Nope, never experienced such thing and has no plans of doing so. Rules are often simple when it comes on engaging to a casino and that all speaks to mind your own business and play the game that you want. Accept the outcome and always manage the risk. It is not really requiring you that much as a gambler and also, we are all just consumers and if we want to have a nice platform or casino, we should also be a nice player, that simple. However, I saw people being kicked out on casinos for being aggressive and for not following simple rules such as to not bother other players who just went there to enjoy their gambling experience. Things won't be called house rules for nothing, and that simply implies that everyone should follow unless it will put you at risk. Let's say you are against the house rules of a particular casino, for sure there are other alternative platforms you may choose from and keep in mind that adjustment should first start with players.
217  Other / Off-topic / Re: What if an employee of a betting company misuses company funds for gambling? on: March 29, 2024, 04:08:24 PM
I think it is obvious to think that the management won't allow a normal employee to have access in the platform's fund and most of the time, the 'heads' are the only ones who has full control of it and that is for the same reason which is to avoid such tendency that could obviously cause a huge problem for the site's fund. They won't want such risk to take place given how complicated running a gambling site is. They'd for sure be able to track the transaction assuming that it would be a big one given that it is the house's fund, and that should be an enough warning to this employee.
Do you think a betting company or casino will understand and not arrest an employee who has access to company funds and then misuses it for gambling?
If I am a gambling operator, I will ensure that as part of the recruitment process, that applicants state whether they are suffering from gambling addiction or not. And I will have them undergo a gambling addiction test. It is not meant to discriminate against anyone but to protect my business. Anyone whose results shows that they are high in gambling addiction, they will be screened out and not be selected. That way it saves me loss of money in the Long term when they eventually get employed.
Sometimes it is no longer gambling addiction but overall thinking of an individual. A gambling addict would be an employee to a gambling site? Sounds unrealistic I guess. If they're addicted to gambling, they won't have time to be in a site since they will be tempted to just spend their time playing due to compulsion.
218  Economy / Economics / Re: The benefits of risk taking on: March 28, 2024, 04:57:30 PM
Something which is not required but rewarding if you would embrace it. It is like having a wuarter and a chance to make it double or even more, but also a tendency that you'd lose it. Risk is best explained by gambling it is also present with investments. The difference on the other hand is of course discussed on other topics. Now, going back with having a quarter and taking the risk, you may just keep it at least you'd have the 'assurance' that you'll have it to be able to buy certain things on its amount. In this instance you are also choosing to throw away the opportunity of making it with multiplier or simply to make the amount bigger. Assurance versus hope; it now depends on the individual which one should be leading for a better outcome. Eitherway would be fine as long as the one to do that will be all prepared 'coz there's still no easy money.
219  Economy / Gambling discussion / Re: How does affilate programs work in casinos? on: March 28, 2024, 04:27:32 PM
Just like with any other referral procedures wherein an affiliate's referral link or code will be used on signing up as well as the recruit's transactions. From then, there will be percentage of the amount that will be processed and this thing will continue on every player that will be recruited. I think this could be as good as passive income especially once you accumulate a decent number of bettors in your referral link. But there are also times that their deposited amount will be mediated by you if you are being an 'agent' to them on a certain platform. Basically, it depends on the gambling site on how will they prefer to make use of such feat.

Well, a friend of mine is an agent or affiliate of a fiat based gambling site. He earned huge amount of money from it especially during the pandemic wherein gamblers were left with no choice but to engage thru online sites. However, since casinos are now open in our area, and that there are many sites to choose from, his profit from this some sort of outsourcing, is a bit declining.
220  Economy / Gambling discussion / Re: How about your experience in taking part in the same bet with friends? on: March 28, 2024, 03:31:20 PM
Wins and losses are common in gambling. Losing a bet creates a lot of human stress for many gamblers because there are many gamblers who bet such money that they cannot afford to lose.

Some other gamblers after losing betting money they become depressed. Most of the time I have gambled alone and some times gambled with friends. There are some positive and negative aspects of gambling in these two situations. I feel a bit relaxed there when I participate in the same bet with my friends. Because even if I lose there, I get consolation seing from others. At the same time there are some differences of opinion before betting which sometimes creates confusion.

Have any of you had any such feelings?

Is there less human pressure if gambling is conducted in the same place with friends?
I have experienced shared betting with my friends and the feeling was a bit weird; we happened to win 2/5 games and obviously, we suffered from loss. But since it is a shared bet, the amount wasn't that big individually. Also, the idea of we all lost, ease the negative emotion after losing our wagers. I still managed to enjoy things that time simply because we shared laughter on that betting session as we often call it. It just didn't happen again becaause of our conflict with schedule.

However, it would be normal to have feelings of regrets and such in both winning and loaing bet. There will always be that thought of 'I should have bet alone' especially if your personal bet guess happened to be the winning one but majority's decision should be followed. However, that's the idea already; if it happened to be a winning bet then you'd celebrate with them. Losing will always be a part of our gambling journey and we should accept any outcome. This depends on what kind of an individual you are and how you percieve gambling as an activity.
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