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2181  Economy / Games and rounds / Re: November SINBAD.IO Mixer Bitcoin Price Prediction Challenge on: November 11, 2023, 06:33:58 PM
Prediction 1: $39,791.19
bech32 address: bc1qa50znea0t7wk3m4wfg62dp3ydrjllp94z3kwez
2182  Economy / Gambling discussion / Re: Dangerous chasing losses on: November 11, 2023, 05:31:13 PM
Lolz, chasing lose has not been favourable to gamblers and finally result is always a bitter. You would have stopped at the first loss but you believed that you would win you first loss and you loss out till 3x. It is a lesson to you now. And one thing I see from the Op narrative is greedy. Why I am saying in the sense that when he as loss the first game, he would have reduced the amount but instead he increase it to recover the first loss and the same thing repeat itself again in the third game again. And that becomes an addictional mindset.

To decline from gambling is from the mind and if you can control it then it is settled. Lolz. I stopped gambling last month when I lost $50 to casino here and I will continue when the mind is settled and prepare to play again.
You are right Mate. I have done this a lot and not once has it favoured me, I end up loosing more amidst great pain and regrets. I have managed to work out a way of ensuring I don't chase losses with the saying "he who fights and run away, lives to fight another day". If I loose some bets, I accept my losses and prepare to come back stronger and better. I check the mistakes I made if any and try to improve on my selection. It is not a must to win a particular bet, and if that bet did not work, sit back and come back when your luck might have improved. Let's not forget that luck still play important role in gambling.

It's hard to give advice to someone whose mindset is so disturbed by addiction, and it seems like you are one of those people who have proven it yourself that indeed when you feel that the final result is always disappointing even though you have done everything like chasing defeat, when you feel it then it's good because indirectly you can confirm that indeed some of the advice from others who say that it is not profitable at all then you will just believe the statement. If we think logically with the actual concept that exists in gambling then clearly chasing defeat makes absolutely no sense and is not recommended, none other than because there is absolutely no guarantee for anyone to be able to recover the defeat in the previous time and also because on the other hand for the problem of the final result always depends on how lucky you are at that time.

You will realize when you feel the real impact that the method is really not effective to do and will only make things worse. So what's better is that there's no other way but to be a responsible gambler by accepting whatever the final result (loss) is, it's better in every way, you won't be depressed because you only put a small amount and without putting any expectations there.
2183  Economy / Gambling discussion / Re: For Newbies Interested in Gambling on: November 10, 2023, 06:05:12 PM
Being patient and consistently involved in healthy gambling habits will surely make you a successful gambler. If you are newbie who is interested in gambling and has been following the gambling community here or any where online or offline, your purpose should be to learn as much as possible from the shared experiences of others such that you can eventually branch out independently, allowing you to operate without dependence on others.

Note that the most important thing in gambling is bankroll management and finding value. What messes people up is poor bankroll management.  Personally, I limit my bets to no more than 10 percent of my bankroll per day, I stop once that limit is reached.  Also don't get discouraged if variance comes in and you have a losing day, week, month, etc. Value is value and it will catch up.  Goodluck on your gambling journey.

Gambling oldies can throw in their 2 sats on this.

We learn from others mistakes and also from their success stories, but what do you mean by successful gambler? Do you mean one should build a career in gambling and make it a source of income, which requires them to be consistent to the extent of becoming successful? If that's what you mean, I disagree with that aspect of one focusing on becoming a successful gambler. We gamble for fun, but trying to build a career around it can turn one into an addict.
 
In the aspect of keeping to one's wager limit, it's the most important way that I know one needs to use in order for them to avoid turning into an addict and spending more than they have budgeted for the day. Keeping a healthy bankroll keeps someone on track, and it also shows how responsible the person can be when it comes to spending decisions.

Experience will always be a point of reference so that we repeat it again if it was a good experience, but otherwise if it was the worst thing you have ever experienced then make it a lesson so that you don't get into the same hole. Of course, I never thought that there are people who can be successful just by gambling, I would ask them what their reason is to say that gamblers can achieve success in activities that only rely on luck, it doesn't make sense at all, how do they equate the aspect of real success with gambling, in gambling there is absolutely no element of success except for the final result which is sometimes appropriate and sometimes disappointing, and also on the other hand I don't understand how they can say that in a place that does not have any certainty and consistency. We have to understand that gambling is only about winning and losing, and it also depends a lot on your luck, so I think only fools have such assumptions.

The real success is when you make it to the top and enjoy it as a reward for your hard work, and I would ask what is your struggle in gambling? what are you doing? even though you  have done everything but don't you always lose in the end? if there is a reasonable reason, please let me know.
2184  Economy / Gambling discussion / Re: The madness of gambling addicts. on: November 10, 2023, 01:54:47 PM
The gambling addict doesn’t seem to acknowledge nor value the money he has at the moment. What would be going through his mind and foremost in his thoughts would be the money to be earned after gambling away the funds at his disposal.
Same with any addiction.
Of course you are right gambling addict are not always satisfy with what they make from there gambling because there mindset all the time is how to make a huge money or becoming wealthy through their gambling as such they will be willing to spend any amount of money even borrowing in other to continue there gambling levels.

And one of the funny thing about gambling is that no matter how many times they lose, they always have the psychology that one faithful day they will win a big money, however making them becoming so overwhelmed and clouded there judgement to realize themselves of the things they are losing because of the gambling.

Addicts will not feel satisfied no matter what, even if they win it will not close the possibility for them to stop playing let alone leave gambling, because they think their pleasure is in gambling, even though they lose they will still gamble by doing everything to be able to return to gambling as usual, this has become a major factor for addicts.

That's the thinking that exists in addicts, even though they always lose but they don't stop there, even though the losses he has felt so much but he doesn't seem to think about it, only thinking about the victory they will get at some point in the future, even though it is not necessarily with that victory. But it cannot be hidden however addicts will find it difficult to get rid of their addiction that has been attached.
2185  Economy / Gambling discussion / Re: Winning Wisely: Strategies to Protect Your Bankroll on: November 09, 2023, 05:58:04 PM

Yes, realizing that gambling doesn't always benefit him can make him realize that he doesn't need to gamble too often or even use a lot of money because he should be able to consider gambling as entertainment. He can also avoid the greed that will come to him when he has won a certain amount of money and will not force himself to gamble again because he knows it will be difficult for him to win again in the next round. He would stop and rest while enjoying his winnings if the winnings could be withdrawn and converted into local currency so that he could calm his mind and enjoy what he had earned. He could return to gambling again after a few days of rest, and that was good for him because that way, he trained his mind not to be too dependent on gambling to make money. Meanwhile, he could make money from other, more promising places.

That's right, with the awareness that exists within a person, he will certainly avoid greed and excessive behavior when gambling, because he only uses gambling as entertainment, not to make extra money.
Agree with you, if one day someone wins, the next thing they have to do is immediately exchange it for local currency and set aside some of it for future living needs, and immediately think about temporarily stopping their gambling activities and enjoying their winnings.
If a gambler can do this, it is unlikely that gambling will make his life worse but it will be enjoyable because he is in control, but if the gambler does not do this then he will experience the risk of loss and regret.
Of course, by not depending on the results of gambling, a person will turn to looking for work or activities that really make money and do not harm themselves.

But do you know how difficult it is to make ourselves especially our brain aware when the temptation of gambling enters the mindset? It's easy to say but almost impossible to do and I'm sure that anyone can't easily sober themselves up when they are in their gambling session with a low level of awareness. That statement makes sense only for some gamblers who are still at a low level of gambling involvement, I have to say that your suggestions and solutions are correct but we have to imagine being in their shoes, and if you have been in that position then I am sure you will not easily say preventive things like the above.

I understand that this is indeed the best action that should be taken, in my opinion it is quite difficult to regain consciousnesss when  the brain is filled with hope which continues to be driven by the temptation of gambling. In my opinion there is not much they have to do because there is no physical medicine that can cure  such a disease and I think it is only a matter of time, if they have experienced the most painful things in their gambling then that's when the realization  will appear in their mind because regret has started crossed his mind.
2186  Economy / Gambling discussion / Re: The madness of gambling addicts. on: November 09, 2023, 03:14:43 PM
-snip
-snip

That's why if we are gambling with friends, we have to know our limits so that we don't cross the line and don't spend money gambling. Never borrow money to gamble because it will not give good results, especially if we experience a lot of losses, including the money we borrow. We will also have difficulty returning the money we borrow because all the money is lost at the gambling table without us having the opportunity to win.
safest thing is just to plan from home to bring enough money to gamble and keep in mind to appreciate money, no matter how small. indeed gambling addicts will not think about this no matter how much money they bring to gamble but as a regular gambler it is better to always remember how gambling works just to have fun so you don't need to bring too much money to gambling and don't need to follow other friends gambling styles. .

Yes, you are right, with a plan or target set at the beginning, they will play with limits, I hope all gamblers are like this, although there are people who gamble with a target but they hesitate when they get a win, they hesitate to stop or continue. But many people continue their game when they get a win, because maybe they think they are lucky and if they continue it is still lucky so they can get a bigger win, but most of the time it is the opposite, by continuing their game they lose and the winnings they get are also hasbi and there is a sense of regret or annoyance.

I hope all gamblers do what you said so that there is no resentment or regret at the end, and they should also realize that not every round they will be lucky.
2187  Economy / Gambling discussion / Re: Advice when you are going a bit far in gaming and betting on: November 08, 2023, 07:26:12 PM
You are right in what you said, but it is also important that you have control over yourself and your emotions. Always think that gambling is just entertainment, don't expect to win big in gambling because that's impossible and if you always lose, that's normal in gambling, don't overthink and chase your loser. Just think that that loss is compensation for the entertainment that gambling gave you.

Of course that's the main thing that they have to realize and bring in every gambling involvement, self-control or limits will have an important role for your safety in the activity, why? because for the final result always runs depending on your luck and there is no certainty at all for a better result, usually in gambling the average final result is disappointing and far from expectations, which is why many end up horrible and beyond expectations when they come with an unreasonable mindset.

Casinos create systems only to benefit themselves, which is why there are so many temptations in gambling, none other than because it is to trap you, and if you are careless and get into the addiction zone then yes the casino smiles at the losers who want to make money by just hoping for luck. So yes you said the right thing, gambling just for fun is better, with that I think you will avoid things that are not wanted.
2188  Economy / Gambling discussion / Re: Have your own casino. on: November 08, 2023, 08:40:04 AM
I wouldn’t want my own casino. The liability of holding so many other people’s money would be absolutely insane. Not to mention all the problems that would come along with it like hacking attempts and angry customers complaining about bugs or making claims about their gaming outcomes. It would be neverending stress.

I also like gambling, but I don't want to own my own casino. If I have a lot of money, I would rather open another business, because I'm not sure about the risks that will come if I open my own casino. So just to play is enough for me.

As you said, not to mention the problems that might come, maybe I myself will not be able to face all the problems, even though I have a lot of money but if problems keep coming, it will make me uneasy. So it's better for me to live with enough money.
Even on other form of investment would really be still imposing such risks on which there'a no way that we could really be able to avoid such thing on which it would really be just that normal that you would really be really that facing those probabilities on which it would really be that a common approach but well each of us does have that own preference when it comes to things. We arent that blind that gambling business
is really that indeed profitable and there's no way that it wouldnt really be  that making out some good profits specially if your business is already that gaining some traction or recognition on which its something that wont really be that so easy when running not only gambling business but also in other business as well. Demand and recognition would be the toughest thing to gain on.

It's true about that, but I stated that I'm not ready to face all the problems about if I have a casino, I prefer the risk of investment, although the risk may not be as bad as a casino. I also don't know for sure but if I have a lot of money it's better for me to invest it, you also probably know the difference between investment and gambling so I don't need to explain the details.

even though it will be profitable but I am worried about the problems that will come over and over again, I also gamble on slots but even though I have experienced big wins and seen all the people who have lost a lot from gambling here, it is certain that the gambling company has won a lot but I am not interested in having my own casino. don't care about other people.
2189  Economy / Gambling discussion / Re: For Newbies Interested in Gambling on: November 07, 2023, 05:02:47 PM
It is really simple really. You take gambling as entertainment, which it is. Never go in expecting to win anything, expect to loose all you deposited. This way if you win, it is a nice surprise Smiley

Yah that's right, if you have this mentality you will never get addicted to gambling. Just think that your loss in gambling is compensation for the entertainment that gambling gave you. Don't expect a big win here because your money will surely run out if you think about gambling like this.


This is especially true if decide to play slots, or some other lucky-based games. If someone hopes to win too much, the disappointment will only be greater, and with lucky-based games there are no guarantees, especially with slots. When I decide to play slot I expect to lose my deposit, maybe that sounds crazy, but I know my chances... I play them because I like to play slots, and if I win it's a really nice surprise.

People who wish to have higher chances of winning should try +EV games.

As usual and as in general that those who are addicted have a different mindset from others, they always overthink, create their own assumptions and expectations, not in accordance with the facts that always happen, cannot accept advice from others that their decisions are really wrong and out of control. Simply put, those who are already addicted do not want to lose but on the other hand always create new hope and enthusiasm and say "maybe today is unlucky", it's that easy for them to encourage themselves, even though on the other hand it happened not just once or twice, and yes I said they like creating traps for themselves.

Often end up disappointed? obviously that's for sure because this is just a purely luck-based activity, if you pursue victory it doesn't necessarily work because there is no real certainty whether you will be lucky or not, always put high hopes? it looks like you have to check your mindset on specialists, how can your expectations be so high while gambling runs only depending on how lucky you are. Especially in slot games, it is very difficult to conquer and not recommended, but it's up to you if you really have the ability to bad results at the end of the session then do it, hopefully this session you are lucky.
2190  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: November 07, 2023, 03:41:12 PM
...

Once a person is in that state it is very difficult for them to stop without any help, however even if their family members were willing to help them, it is unlikely they will actually listen as they are not going to believe they cannot recover the money they have lost, it is only once they have lost it all when they finally understand what they have done, but by that time it is too late and there are even some of their family members which will at the time want nothing to do with them as they will be incredibly mad at how irresponsible they were.

regret always comes later and that is what will be experienced by gamblers who have lost everything and they want it all to come back to them. and therefore before it is too late, a gambler must first realize that what they are doing is wrong. even though it is quite difficult to advise them, as the closest people of course we have to be able to give them advice, even in the end they will reject it, but no one can give them advice other than us, the closest people to them.

Of course, because if at the beginning of the registration, they will not realize that what they are doing is wrong, maybe because they only think about the victory they will get so they don't think about the harmful effects of gambling. It is difficult to realize that so they will not be easy to stop gambling addiction.

It is not difficult anymore, there is even a possibility that those who are addicted to gambling will not listen to advice from people, some are even angry when advised, so if it is difficult to advise someone who is addicted to gambling, in my opinion, it is better to leave it alone, let him alone realize the impact of gambling that has harmed them.
2191  Economy / Gambling discussion / Re: Have your own casino. on: November 07, 2023, 03:15:11 PM
I wouldn’t want my own casino. The liability of holding so many other people’s money would be absolutely insane. Not to mention all the problems that would come along with it like hacking attempts and angry customers complaining about bugs or making claims about their gaming outcomes. It would be neverending stress.

I also like gambling, but I don't want to own my own casino. If I have a lot of money, I would rather open another business, because I'm not sure about the risks that will come if I open my own casino. So just to play is enough for me.

As you said, not to mention the problems that might come, maybe I myself will not be able to face all the problems, even though I have a lot of money but if problems keep coming, it will make me uneasy. So it's better for me to live with enough money.
2192  Economy / Gambling discussion / Re: Tips on staying responsible. on: November 07, 2023, 02:50:03 PM
There are also gambling websites that provide RTP which is basically a percentage of being good or bad from one game. In my opinion, it has absolutely no effect, it is just a gimic made by the bookie or gambling company to attract players, by giving a large percentage on games that are currently busy in online gambling, so they believe they can get a win in games that have a high percentage. But there are still people who believe in the RTP, they don't realize it's just a gimic made to attract more attention.

RTP is calculated over an unknown period of time for us as a players, it can be short or long period. RTP can be said to be an average, for every $100 wagered, there is a possibility that the provider/game will return $95 to the player. However, this does not mean and is not a guarantee that each player will receive exactly 95% of his bet, it could be less than that and it could be not at all. However RTP is a theoretical value, and you are right about other factors such as luck, volatility and individual gaming strategy can greatly influence a player's short term results.

So is it true that RTP affects the game? I myself don't believe it's just a withdrawal for the players, after all there is no reason the bookie will lose. So regarding RTP, it depends on the players will believe or not, the point is that all bookmakers will not do anything detrimental to themselves.

After all, gambling or slots are made to make money not to share money with players who play slots. After all, if RTP is only a theoretical calculation in returning money according to the amount wagered, it will not give a big win, right? It could be possible to get a big win but it's also very unlikely.
2193  Economy / Gambling discussion / Re: Have your own casino. on: November 06, 2023, 12:28:54 PM
I sure have on multiple occasions had a plan of building my own online gambling casino, Infact, there was actually a time I had organized a team of 6 people including myself making us 7, I had a graphic designer, web developers and so on, but unfortunately, we couldn't build anything out due to lack of funds on me, they all wanted to be paid Bi-weekly even when we don't have system generating money running yet, so at the end of it all, I had no choice but to call the project off unfortunately.


Yes because if you want to open your own casino, you don't have enough skills, you have to have a lot of money because of course this is a game related to money, if it's just the skills you have, you should apply to big companies, with the skills you have, it has the potential to make money for yourself. I also have friends who work in the IT field by creating applications and websites on the internet, and that is not cheap but has a high price value.

And let me also mention that, even right now, I still have that dream of owning my one online gambling casino some day, and I will want it to be even bigger than stake is currently, I love gambling and if I achieve this, I will be a very happy and feel fulfilled, all I currently waiting for before I take a shot at this again is to become stable financially, the first trial have indeed thought me some lessons that not many people care about the dream and goal you have, they don't care as long as they get paid, if at any time you are not able to pay them, they will possibly leave you and your dream and look for the next paying client.

So before I give this a shot again, I wanna be financially stable and able, so that I don't end up with a failed project again.

If you really want to open your own casino, I recommend that you have a lot of money because as I said, to open a casino you need a lot of money, especially since everything in the casino is related to money. But if you are really sure about your choice and desire, maybe you can borrow capital from the bank to open a massive casino. But if you are not sure don't do it, but I think if you borrow capital from the bank to open a casino if you can manage it well maybe you can return the capital quickly once again if you manage it well. Because of course there will be risks too, so it all comes back to yourself because the choice is yours.
2194  Economy / Gambling discussion / Re: Will you gamble till old age or not on: November 06, 2023, 12:06:40 PM
~snip~
We should be able to realize that chasing the world will not be fulfilling because the world will change and we will not be able to keep up because we will never be young again. Those of us who are old will be replaced by the young so that we will not be able to compete with them and will only be spectators. Those of us who are getting older must think about leaving gambling one day so that from now on, we will be able to reduce our gambling activities. Moreover, we don't have a big chance of winning much money apart from just losing more money from gambling. If we can reduce gambling activities from now on, when we get older, we will be able to quit gambling. There will be no hard feelings about leaving gambling because we are satisfied with gambling and it is time to enjoy life in old age with our family.
Yep, it's true that old age is the time to rest, there no point in chasing an increasingly changing world, its time for the young to express themselves.
I hope that in my old age I will do more positive thing to avoid negative influences such as gambling, therefore I will reduce gambling from now on, I occasionally use gambling but within reasonable limit and am able to control myself well so thats not gambling addiction.
I think that with my situation under control like this, in my old age it will be easy to give up gambling because when I was young I was quite satisfied with thats.

Yes I agree with you, maybe I will also do as you said more positive things that have nothing to do with gambling. by doing other things like chatting with friends or going fishing, or gardening maybe it's better than gambling. Although I've seen some people who are elderly and are in casinos, some of them are even physically unwell (disabled) but they still gamble because they have a lot of money and maybe that's how they spend their old age. But if I have a lot of money in my old age, I'm thinking of buying a large plantation or a farm. That way there are activities for me too.
Too much money pushes many people to gambling to spend their free time. Because gambling is a fun place and those who have a lot of money do not have any plan to earn from gambling. he goes there only to enjoy gambling so it doesn't matter to them whether he is young or old. But it will not be the same for everyone. each person's plan may be different like you.

It's true what you said, because I myself admit that there is pleasure and thrill in gambling, what else in the slot I have felt it directly when I got a big win, of course it made me happy because I didn't think I would be so lucky. But now I don't think about it, I just want a quiet old age without any curiosity to return to gambling, just seeing friends who gamble is enough for now.

Quote
Many of them are still chasing the winnings in gambling, even though it's risky but they still chase it whether they think so they don't think about anything else, I gamble only on weekends, so I myself am confident that I can quit gambling especially now with my new job making me always have things to be responsible for, so it increases the possibility of me not gambling anymore even if it's only on weekends.
Gambling is very risky so if one does not have a lot of money then he should not spend much time in gambling because gambling addiction can destroy him because he does not have a strong financial backup. So your plan is commendable.  It is very difficult to control yourself from gambling and to stop gambling at any time.  But if you can do it, it will be good for you

I thank you in advance, and I hope everyone can also leave gambling. Especially those who are addicted to gambling, they must be aware of the harmful effects of gambling. But I have no intention of demonizing gambling, because gambling also has positive things, namely providing more fun and sensation when playing, but if it is done with self-control that can limit their gambling activities, so that there is no severe addiction to gambling. because there is a future that they have to face, it is impossible for them to spend their lives just gambling but if they have unlimited income it doesn't matter hahaha.
2195  Economy / Gambling discussion / Re: Tips on staying responsible. on: November 06, 2023, 11:34:38 AM
In my opinion, the most important thing is how we can set money limits when gambling, so that we remain conditioned if we lose and we won't lose much in this case. If I win then I will stop first to enjoy the results of the win, and when I lose maybe I will only gamble once or twice with a small budget, and the most important thing is to always be aware that gambling is just luck that we are not sure of getting, so we stay under control and prevent addiction.
But everything will change after you enter the gambling room when you theoretically set a betting limit or your budget limit but usually it will be ignored when your state of mind too focused on emotions and loses control of yourself in the end and continues to chase defeat and that all usually happens when A losing streak is attacking you.
But that doesn't mean your tip is not good, it just that it would be more perfect if we accustom our minds to thinking that gambling is not the right way to waste large amounts of money because all our money will be lost by the bookies and keep thinking about that, I'm sure everyone this can be one way to continue gambling responsibly.

Yes that's right, I myself think that no matter how well they play, they will end up losing too so that their money runs out even though they play with defeat after defeat, they are not aware of the defeat they get, but they are increasingly ambitious to be able to turn things around, I laugh when there are people like this, they have been deceived by the bookie who clearly cannot possibly turn things around. It is unlikely that they can turn things around even if they win it will not be equivalent to the many losses they have experienced. That's good. Getting used to playing with the limits set or discipline in gambling is a responsibility in gambling.
By establishing good discipline, it is unlikely that they will be heavily addicted to gambling.
Therefore, people here often say that even professional gamblers will eventually lose control, neglecting to gamble responsibly, following ambition to chase losses and situations like that cannot be controlled because our minds have been dominated by emotions and big ambitions that become and make us behave. break your own rules.
I sometimes think that gamblers sometimes look very stupid, even myself when gambling because physically we are ready to face any risk but psychologically there is no readiness to accept all that and I'm sure you have at least felt a loss of control when betting, chasing losses until your money After that you lose everything and realize that you did something very silly chasing these losses.
For me, it not only requires self-control to keep gambling responsibly, but the safe tip is just to stop gambling and that is much better.

Yes, it is true because no one is an expert in gambling because basically gambling only relies on luck, there is no pattern or trick to get a big win, because there are machines that are certainly set up to generate profits for the company, not set up to benefit the players. The ambition to chase losses will not improve the situation but in my opinion it will worsen the situation because then emotions will arise that will control ourselves and greed that will spend all the money we have and loss of self-control so that it makes a fatal impact.

Of course, I myself have experienced what you mentioned, which is the loss of control when gambling, this made me lose the money I had. In the end, it is not other people who can realize but ourselves who must realize the defeat we have felt because other people will not feel what we feel when we lose and there is a loss of self-control that makes things worse.

      -   I agree with what you said that in gambling it is not discussed whether you are an expert or not. As long as you are lucky in gambling, you will definitely get the jackpot prize that they have in their gimmicks.

Even in the tricks or techniques that are called, there is nothing like that to win often in gambling. The only important thing is that we know how to feel what's happening while we are gambling. It's so simple that other communities here have often said that if you always lose, you should go to bed first, then go back when you feel good. Maybe your luck will return.

yeah that's true, It's just a matter of luck that will give them victory, no matter how small the bet value if luck is on their side it will produce a big win, but if they are unlucky no matter how big the bet value will not produce a win but it will definitely spend their money quickly because of the amount of bets they play.

There are also gambling websites that provide RTP which is basically a percentage of being good or bad from one game. In my opinion, it has absolutely no effect, it is just a gimic made by the bookie or gambling company to attract players, by giving a large percentage on games that are currently busy in online gambling, so they believe they can get a win in games that have a high percentage. But there are still people who believe in the RTP, they don't realize it's just a gimic made to attract more attention.
2196  Economy / Gambling discussion / Re: Minimum Age to gamble on: November 05, 2023, 06:33:29 PM
The problem with online gambling is that casinos don't know who the users are so underage children can easily gamble using online casinos. If they know about crypto, they will probably use crypto casinos more often to gamble because crypto casinos are better able to hide the identities of their customers so they can gamble freely. Adults around them will also not know what they are doing because with easy access to the internet and underage children being able to access crypto casinos using their smartphones, they can gamble freely. But when it's time to verify their gambling account, they might borrow an ID card from an adult to find their account has been verified easily.
It is because of the need to know the exact age of gamblers that some online casinos do ask their customers to complete their KYC before they can fully be able to gamble on their platform. Sometimes people misunderstand the reasons behind the request for KYC but I think the age factor is one of them.
Children under 18 aren't supposed to be allowed to gamble wether online or offline because they are believed to be mentally immature to engage in gambling as most of them are not mentally strong enough to handle the negative effects of gambling. So I think every adult who notices any form of gambling engagement from children should do everything possible to discourage them from gambling in other to save their future.

Well exactly, I also assume and have a fairly reasonable belief that indeed the purpose of the casino implementing the KYC system is to avoid those children who are still underage so as not to get involved in gambling. On the other hand I think with this it can be concluded that casinos are not as evil as we think, they are not greedy in terms of looking for members by applying such requirements which are nothing but to limit every child who is underage, even though on the other hand they could have benefited more by removing KYC regulations because it is very possible that minors can also be involved in gambling with gambling which in fact is now increasingly easy to find, especially those based online..

Of course this restriction will be very useful, it seems that casinos are still thinking about the future of minors by implementing the KYC system, because from a mental and psychological point of view for children under 18 it is very easy to absorb new things that come to them, and on the other hand they also have a high level of curiosity. So it is very dangerous if the mindset of children at their age is trapped in gambling because their future will be at stake. Basically the role of both parents is also very important in this matter, I hope they will be able to guard, limiit and guide their children so that they are not misguided.
2197  Economy / Gambling discussion / Re: What's the best advice or should I just let him on: November 05, 2023, 06:03:59 PM
How do you know he is getting addicted? Are you sure you are not mistaken being active for addiction? You already said he is retired, a pensioner and all his children are professionals... in my opinion, he is having fun. You don't need to advice him because he does not need the advice.

If you must advice him, you first ask question to know if there is anyway the gambling is impacting on him negatively. If there is no way he is feeling the effect, then there will be no need advising him.

Yes I agree with you as sometimes giving an advice to a stranger like in this case, he is your new neighbour he may get offended and your relationship with your neighbour may get a bit awkward.

I hope his family know about it and they know what is good or bad for him and there is no need to interfere in his life. It's better that you leave him on his own and let his family decide what is best for him. These days people do not like interference in the life specially when they are not your friends and not in your family.

And also on the other hand not everyone is able to take advice well, or I mean if they are one of those people who do not like to be criticized by others regarding whatever they do then maybe they will say something unpleasant to you, especially on the other hand it is a new person in your environment in the sense that your social relationship is still too early with them. Yes, I also understand that maybe you care about them with the aim of helping them get out of the gambling activity through some of the suggestions you put forward, but in my opinion don't immediately take action like that, it's better to approach first, find out first whether the person is addicted or not and also if you can invite the person to chat to make sure and ask whether the activity has a bad impact or not on his life, and now after that you can give some effective advice.

And also on the other hand you have to find the right time to socialize with them especially with the aim of interfering with the activities they do, lest you be labeled as a neighbor who likes to interfere in other people's affairs. On the other hand, I am sure that one of the people in the family must have the right mindset and they will definitely know what to do to help overcome the addiction problem of one of their family members if they are really addicted.
2198  Economy / Gambling discussion / Re: Will you gamble till old age or not on: November 05, 2023, 03:11:32 PM
~snip~
We should be able to realize that chasing the world will not be fulfilling because the world will change and we will not be able to keep up because we will never be young again. Those of us who are old will be replaced by the young so that we will not be able to compete with them and will only be spectators. Those of us who are getting older must think about leaving gambling one day so that from now on, we will be able to reduce our gambling activities. Moreover, we don't have a big chance of winning much money apart from just losing more money from gambling. If we can reduce gambling activities from now on, when we get older, we will be able to quit gambling. There will be no hard feelings about leaving gambling because we are satisfied with gambling and it is time to enjoy life in old age with our family.
Yep, it's true that old age is the time to rest, there no point in chasing an increasingly changing world, its time for the young to express themselves.
I hope that in my old age I will do more positive thing to avoid negative influences such as gambling, therefore I will reduce gambling from now on, I occasionally use gambling but within reasonable limit and am able to control myself well so thats not gambling addiction.
I think that with my situation under control like this, in my old age it will be easy to give up gambling because when I was young I was quite satisfied with thats.

Yes I agree with you, maybe I will also do as you said more positive things that have nothing to do with gambling. by doing other things like chatting with friends or going fishing, or gardening maybe it's better than gambling. Although I've seen some people who are elderly and are in casinos, some of them are even physically unwell (disabled) but they still gamble because they have a lot of money and maybe that's how they spend their old age. But if I have a lot of money in my old age, I'm thinking of buying a large plantation or a farm. That way there are activities for me too.

Many of them are still chasing the winnings in gambling, even though it's risky but they still chase it whether they think so they don't think about anything else, I gamble only on weekends, so I myself am confident that I can quit gambling especially now with my new job making me always have things to be responsible for, so it increases the possibility of me not gambling anymore even if it's only on weekends.
2199  Economy / Gambling discussion / Re: Dangerous chasing losses on: November 05, 2023, 02:43:32 PM
It’s really hard to recover losses if your main goal in gambling is just to have profit since the house edge will not permit you to win consistently against the house. Human error through emotion is one of the biggest enemy of players that’s why they keep losing. You can lose everything even if you are initially winning with just one moment that will make you tilted during the game.

I personally don’t view my gambling records nor compute my total lose/win since it will will just affect my mind to gamble more instead of just gambling just for fun during free time.
Yes, most gamblers have tried to recover their losses, but they cannot get it easily at all because they have to use more money, which does not guarantee that they will be able to recover their losses. And it is indeed the house that will gain the biggest profits while we gamblers will only experience losses. And even though someone can win a lot, the casino will still take the biggest profits. We should be able to think that we don't need to gamble excessively because that means we have to be prepared if we have to lose even more money.

I don't have a gambling record but I can see the gambling history in my gambling account. If I feel like it's too much, maybe I'll stop gambling this week and not gamble for a few weeks to calm my emotions. That's better because I can divert my mind to other, more useful things.
In fact gambler biggest win is when they can minimize losses by stopping when they start losing because if they continue there will only be losses until what they have is completely gone.
Maybe it will be difficult to stop and accept every defeat that occurs, but we will have even more difficulty if we chase bigger losses and lose even all the valuable things we have such as money or other assets.

Yes that's right, their victory is when they can limit the game without following their emotions which of course if they follow their emotions and passions it will only make them lose more money. It is difficult to accept defeat, but the fact is that it is what they have to accept, even though there is resentment that they feel it will not turn things around for the better. Moreover, if they play again with the aim of recovering losses by chasing it is wrong, because it is unlikely to be obtained.

Of course, stopping after losing is wise decision and you must do it in the next few days so that you can be calmer and not be emotionally influenced by chasing after the defeat.
Unfortunately, only few gamblers are able to do this because sometimes they are unable to accept the risk of losing.

That is why it is recommended to gamble when in calm atmosphere and with money that can afford to lose.

By limiting the game when losing and stopping it is a wise choice so that they can rest their minds so that there is no addiction that has a bad impact on themselves. It is true that you said not everyone can do it, it can even be said that rarely people can control or limit themselves when playing, especially when experiencing defeat. The situation can also affect them when playing, so it is true that you said gambling in a calm time so that there is no greed or loss of self-control when playing.
2200  Economy / Gambling discussion / Re: Tips on staying responsible. on: November 05, 2023, 01:08:10 PM
-snip-
Yes, it is true because no one is an expert in gambling because basically gambling only relies on luck, there is no pattern or trick to get a big win, because there are machines that are certainly set up to generate profits for the company, not set up to benefit the players. The ambition to chase losses will not improve the situation but in my opinion it will worsen the situation because then emotions will arise that will control ourselves and greed that will spend all the money we have and loss of self-control so that it makes a fatal impact.

Of course, I myself have experienced what you mentioned, which is the loss of control when gambling, this made me lose the money I had. In the end, it is not other people who can realize but ourselves who must realize the defeat we have felt because other people will not feel what we feel when we lose and there is a loss of self-control that makes things worse.
Therefore, it is very important to be able to hold firmly to the commitments that we have previously planned if we really want to protect your money so that we don't lose too much money, even though everything has been arranged as possible by the casino owner, but if we have a good stance and commitment we will not provoked by emotions because of course we always remember the rules we have made not to bet too far and stay safe.

With this experience, you can learn a valuable lesson that no matter how strong your stance is, if your emotions dominate your mind, in the end you will lose all the money in your pocket unless you know the right time to stop.

Yes, maybe in the beginning they have the principle of winning and pulling it, but most of them falter when they get a win. When winning a sense of greed arises so there is an urge to continue the game by increasing the value of the bet and in the hope of getting a bigger win. But I make sure that after getting a win it will probably be more difficult to get another win, because the bookie doesn't want to lose. And in my opinion if they even continue the game that there is a victory that has been obtained will be lost again.

But if they have self-control when they get a win they might cash it in and not continue the game again because they know that if they continue it will only spend the winnings they have got. The importance of the role of self-control when gambling because if there is no self-control it will harm themselves. It's true that you said that no matter how strong the establishment will fall apart if greed and emotions cannot be controlled.
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