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A quick question, do posts in the Gambling Discussion board count towards the 5 post requirement in the Gambling section? Didn't find it in the thread (anyway, no problem with making at least 5 posts in the Gambling section itself)
 
Regards

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Will add signature and avatar if accepted

Okay, let's think about it, shall we?

You already see both distributions. But let's assume that you don't. That is, you know nothing about the type of the distribution, whether it is random or otherwise. But you know that any random distribution is, well, random, that any pattern you might look for would also be random. However, you also know that with a random distribution you are bound to find some patterns, and this is not "random" specifically because it is a random distribution

So how random is it really? If you see a dot, aren't you more likely to see another dot nearby with such a distribution? But that means things are no longer random to you even if the distribution of dots itself remains totally random. You take advantage of some feature or property of a random distribution that any random distribution has (namely, patterns), and thereby you stop it being random despite it being random. Isn't it a nice paradox or conundrum?

If I'm not mistaken, WB uses a hardware random number generator

When I was translating for them, I encountered the part which made reference to such a device. But that's not actually my point here, in this topic. I'm not talking about pseudo-random numbers and how genuinely random they are. Even if we look at a really random distribution generated by a truly stochastic process (by however strict measure), we will see patterns as the image above shows

Indeed, these patterns of outcomes are random themselves (to repeat, I don't question their randomness). But the very fact that there are patterns takes a bit from the randomness of these outcomes making them somewhat less random. In this regard, a uniform distribution seems to be more random on this level, which leads us to question the very idea and understanding of what randomness actually is

This point can be challenged

I'm not very familiar with the gory details of how pseudo-random numbers are generated, but as far as I know, the devices designed for this purpose are using some natural, stochastic processes. In other words, you can't actually say that hardware random number generators are not "natural" (pardon the double negative) as they are what can be found in nature and as random as nature itself goes and does

This thought has been nagging me since I first saw the pic below (taken from here):



The image on the left features a uniform distribution (which many erroneously come to think of as random), while the points on the right image are allegedly distributed randomly (read, it is a random distribution). But if we think about it, we may come to the idea that random is not truly random at a higher level. Really, if you hit some random outcome, you could in fact expect more of such outcomes in close vicinity of that first outcome as the image above clearly reveals. So how truly random is what universally considered random?

I'm starting the thread in the Gambling discussion section because this domain (i.e. gambling) is where the idea of randomness and whether random is truly random have most applications and implications. Yeah, you thought it right, for gambling and our success at it

Reapplying:

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Поднимите мне веки!



Если мы исключим из рассмотрения Тетерев, который как бы не совсем криптовалюта (ну и Рипле тогда тоже можно исключить), то Лайт оказывается на 5 месте по капе. Но капа - зло (о чем я всегда говорил), и смотреть в реальности нужно на оборот. А в этом случае Лайткоин неожиданно оказывается на 3 месте (даже если оставить Риплу), что становится совсем уже подозрительно для мертвой или умирающей крипты

That's the most important thing

Well, that's what I personally think (as they say, opinions may vary). From an economic perspective, the difference between regular currencies and cryptocurrencies as exemplified by Bitcoin is not really that big. Both fiat and Bitcoin are not hard currencies, i.e. they don't have any intrinsic value (other than transactional utility which is common to any form of money). In essence, they are simply accounting systems and frames of reference for making "value judgments"

And here comes the key difference between them which lies beyond the pure economic domain. And that is control over the money. The government can easily destroy your wealth (if you are foolish enough to keep your savings in fiat) which essentially means they are in control of it. Destroying Bitcoin is also technically possible but that goes a long way from simply starting the proverbial printing press and devaluing the national currency overnight

I don't really know as I'm not the one hired by them (in case that was your point) nor the one involved in this business other than by being a simple player and a "random guy" (as you dubbed it) just like many other such players and guys here and elsewhere. On the other hand, I can't quite agree with your opinion that it doesn't make any substantial difference to the casino, I mean letting some exceptionally smart players win all the time. These are definitely a nagging pain in the casino's ass. And the evidence is compelling and conclusive if you ask me. There are only a few casinos that actually allow what is described in this topic in the way it should be implemented

That essentially means they do indeed care

Расценки по договоренности - в зависимости от объема, сложности и срочности. Отправил в личку свой Телеграм. Пишите!

Thanks for the info (and to all other users who replied as well)


That was another campaign run by Yobit, not this one and long before it. When the button becomes active again, I will see if I can join this campaign (unless something else pops up, of course)

От Тезера (а это и есть USDT) сейчас нужно держаться подальше

Поскольку он все больше и больше в последнее время превращается в токсичный актив. Самое разумное решение, на мой взгляд, это держать криптоактивы в личном кошельке (но это, в принципе, всегда так было), а торговать исключительно в короткую и держать убыточную позицию на бирже, захеджированную монетами в своем кошельке, а не на счете биржи. В этом случае крах биржи (например, Bitfinex) приведет не к вашему убытку, а к переносу этого убытка на биржу, что, как по мне, будет весьма справедливо

Hey, guys

A small question, does Yobit pay these days, regularly or otherwise? Once I had been wearing their signature for 2 days, and they didn't pay. I've read a few posts here, and it seems that you can't transfer coins to your account at the moment

10 and 20 losses in a row on the same multiplier (aka win chance) are not the same (pardon the pun). Hitting 10 losses with a 50% win chance is not something that I would seriously consider "extremely unlucky" as you will likely see it within an hour or, if you are extremely lucky (sorry), in a day at best. Extremely unlucky to me is more like hitting the killing streak in a year or so (given the particular betting speed). Remember, you earn through variance, not by grinding along and collecting dust per hour, per day, or whatever

Within that timeframe, you will see enough outliers to increase your deposit sufficiently (actually, like many times, as this thread clearly proves, unless you hit the max bet limit). That will allow you to survive ever longer and longer losing streaks by changing your autobet settings accordingly in the process (let's call it escape adjustment). Indeed, everything said holds true only if the casino doesn't put piles of roadblocks on your way to success like disabling small bets, limiting bet speed, etc (and remains provably fair or just fair beyond the house edge at all times, of course)

That's technically all you need to know

I've been thinking about it for a while

Initially, I thought about OP's idea as something useless but pretty much harmless on its own. Now I changed my mind. In fact, I no longer see it as innocuous as it appears at first sight. How come? The problem is, if an addicted gambler who seriously wants to quit his addiction tries to implement this approach (like locking his funds, etc), he is not actually solving his problem for real and for good. Instead, he is only aggravating it because he comes to think after a while he is cured, and that gives him false confidence as well as unfounded self-assurance. Then he inevitably relapses, and with a vengeance at that, ending up in an even worse situation than before

Well, stopping the addiction and quitting the addiction seem to me to be two very different things

If the gambler doesn't have funds or the Internet access, he won't be able to gamble indeed. But will he stop being a gambling addict if he stays away from this activity for a year or even a dozen years? I guess the answer should be a strong no (unless we are talking about a teenager or a kid). It is better to consciously and willingly choose to suffer some pain, even if it is an extreme pain, for a short while and then become totally immune to the addiction (read, lose all interest in gambling, or whatever) than remain essentially the same addict and risk a relapse at any moment


This actually proves the whole point, that half-measures don't work


Half-measures never work. There is nothing to argue about


How do we know that you have?


BitKong has implemented this (or something very similar)

Established casinos cannot be interested in gambling addicts as they cause them too much headache


Addiction, any addiction for that matter, is within the mindset of the gambler

It simply cannot exist anywhere else. Regardless, to completely get rid of his addiction, a gambler has to change his mindset entirely (that basically proves why it is there). Half-measures (like putting barriers, fences, milestones, whatever) are not going to cut it, so they cannot possibly be the best way to lose interest in gambling, either

The best and in fact the only genuine way to get done and over with a ruinous habit is to pass through a sort of painful catharsis, and that most certainly means quitting the addiction cold turkey. Otherwise, the gambler will remain the same person (read, addict) with his addiction still in place and mostly intact at that

Smells like a lot of well-hidden sarcasm to me

The folks who are trying to control everything are known as and called control freaks. And they are called freaks for a reason. And the primary reason is that there is no way one can control everything. In fact, it is impossible to control even the tiniest part of everything. But that's not all. The most ironic, and ultimately pathetic, moment is that the more one tries to control things, the more they tend to get out of hand, so such effort often turns out quite counterproductive, essentially, an exercise in futility as well as stupidity. Hence freaks

Rather statistics but I don't particularly mind (though I don't calculate the expected value)

Otherwise, I agree that people should be gambling for fun and personal enjoyment only. Wtf, this is what I'm continually saying myself here. And you can't win really big time with this method, I agree with that too. Casinos are not fools in general, and they put limits on how much you can bet (and win, for that matter). But it is not about decreasing the loss as it is more about randomness (provided the bets and their outcomes are genuinely random, of course) and how you use it to your advantage ("turn the tables" as I call it)