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221  Economy / Gambling discussion / Re: The shocking rate of women interested in gambling. on: February 26, 2024, 08:05:41 PM
We live in a world where women believe that what a man can do a woman can do better coupled with the feminist movement making wave which has eliminated gender-based roles and activities. Like men, women engage in gambling for different reasons. Casinos and bingo halls provide women with a social environment where they can meet new people and build friendships. These venues often organize events and promotions that encourage social interaction, making them attractive to women who enjoy socializing.

Most women want to be independent and they believe gambling can be a source of making money and help them live their dream of becoming independent. Gambling can give women a sense of empowerment and control over their lives. By making bets and potentially winning, they can feel more confident and in charge. A story was shared here about a woman who won the lottery and sought separation between her and her boyfriend.
222  Economy / Gambling discussion / Re: How much does it cost to have your own Casino? on: February 26, 2024, 06:09:23 PM
1.-How much cost to add a slots provider to your Casino?

Adding a slot provider to a casino can vary in cost depending on the size of the casino, the number of slot machines desired, the quality of the provider, and any additional services or features included. Generally, the cost can range from tens of thousands to millions of dollars.

2.-Do slots providers earn for each roll or for the total loss from the client, and what percent?

In my thinking, slot providers earn a percentage of the total losses incurred by the players. This means that the provider receives a share of the net revenue generated by the players who use their slot games. The exact percentage depends on the agreement between the provider and the casino operator. In addition, slot providers can earn money through licensing fees. Casinos pay these fees to gain access to the provider’s slot games. The amount of the licensing fee can vary based on the popularity of the games, the reputation of the provider, and the exclusivity of the agreement.

3.-Where can I get a casino site template?

You can get a casino site template from any online platform that specializes in website templates. I know about TemplateMonster and I think there will be other professional platforms.

4.-Does new casinos need to have a bankroll or do they have a provider for that too?

New casinos must have a bankroll to operate. The bankroll is essentially the amount of money that the casino has on hand to cover operational expenses, pay out winnings to players, and ensure financial stability. This bankroll is crucial for the day-to-day operations of the casino and is usually a requirement set by regulatory bodies in the gambling industry.

5.-How much does it cost to have a Sports book provider?

I cannot tell the cost of having a sportsbook provider but I think the cost must depend on the size of the operation, the services included, and the level of customization required.
223  Economy / Gambling discussion / Re: An Unusual Story that Reflects the Current Gambling Addiction Reality on: February 26, 2024, 05:45:37 PM
Truth be told gambling is like a household name. You hardly find someone who is not into gambling and that is why in today`s reality it is only surprising when you see a person who doesn’t participate in gambling. However, some people are psychologists and so they reason meaning into every action. The fact that the man refused to send his wife`s account to the man might have sent the wrong signal that the man has an ulterior motive. Gambling easily crossed his mind because it is so common in this generation. One of the primary reasons why gambling is so common is the widespread availability and accessibility of gambling opportunities. With the rise of online gambling platforms, casinos, sports betting, and lotteries, individuals can easily engage in various forms of gambling without having to travel far or visit physical locations. The convenience of being able to gamble from the comfort of their home or even on the go through mobile devices has significantly contributed to the prevalence of gambling.

In many cases, the social aspect of gambling, such as participating in poker nights or visiting casinos with friends, has further reinforced addictive patterns as individuals seek acceptance and validation within their social circles. Through targeted campaigns that promote the glamour, excitement, and potential winnings associated with gambling, companies attract vulnerable individuals who may be more susceptible to developing addictive behaviours. The normalization of gambling in popular culture further perpetuates the idea that it is a harmless form of entertainment rather than a potentially harmful habit.
224  Economy / Gambling discussion / Re: A lot of gambling sites are scams ! on: February 26, 2024, 05:23:06 PM
How can I choose the best betting site that provides me with a safe betting experience?
Does this site provide a high level of safety for its players?
I need help from those with experience in this field

Let me correct the impression that gambling sites are scams. Bookies don’t scam you. They are in business to make money. When you win they pay you and when you don’t they profit from it so calling them a scam is a defamation. We understand that bookies are capitalist and that is why they lure players with good adverts, vast options, and bonuses to attract players to themselves. This is common among all bookies. So, gathering a safe betting experience has nothing to do with the bookies but the gambler.

As a gambler, you need good safe betting rules as only this will guarantee you a safe betting experience. Always understand that the joy of all bookies is to see you lose. So, if this is their aim how do you think they can provide you with a safe betting experience? The truth is for them to continually remain in business means that you have to continue losing.
225  Economy / Gambling discussion / Re: What is the highest amount of money you've ever bet in a single game? on: February 26, 2024, 05:07:11 PM
1. What is the highest amount of money you've bet on a single game in the past?

The highest amount I have used to gamble is $8000 and I have used this amount to gamble on different occasions. I can stake less than this amount but I don`t try to gamble more than this amount because it will affect my finances and savings if I don`t win.

2. Did you win or lose that game?

Sometimes I win and other times I lose. I only gamble on weekends with a target of only 2odds. This means any weekend I win I make a profit of $8000+. So far, I am ahead of the bookies. Weekends are always times for me to gamble and hope for winning.

3. Was it an amount you were actually ready to comfortably lose?

Yeah, of course, $8000 is an amount I am always ready to lose. I only gamble with an amount I am prepared to lose because when I stake a game I have conceived in my mind already that I have lost it and so I only throw away amounts that will not affect my emotions and mental health.
226  Economy / Gambling discussion / Re: Is it ethical to break your gambling rules on: February 26, 2024, 04:37:16 PM
Gambling rules are put in place to protect individuals from the potential harm that can be caused by gambling, both financially and emotionally and from your story there is nothing wrong with you going against your betting rule because your finance is not affected and you are even gaining the more. I think since your current betting habit is fetching you profit, you just have to follow it. That should be your new rule lol.

In my thinking, It is wrong to break gambling rules because of the implications a gambler is likely to face if he breaks gambling rules. For instance, When a gambler breaks his gambling rule, it becomes easier for the gambler to find himself in significant debt. I have been in this shoe several times and I regretted not holding firm to my betting rule. I have this rule of not betting on week days and weeks I don`t stick to this rule I lose more than expected. By adhering to a betting rule, gamblers can effectively manage their finances. Consistency is key in gambling, and having a set betting rule promotes discipline and consistency in one’s approach to wagering. By sticking to a predefined strategy, gamblers are less likely to deviate from their plan and fall into erratic or erratic behaviour.
227  Economy / Gambling discussion / Re: Don’t play gambling with drugs or in half sleep on: February 26, 2024, 03:09:39 PM
Certain gambling activities, in my opinion, require concentration, good judgment, and the ability to make decisions. Therefore, using drugs or alcohol while under the influence can affect one's cognitive abilities. And in the same way, playing a game while partially asleep can also considerably impair our awareness. When we are under the influence of drugs or whatever else, we tend to be drowsy and may act on impulse or make rash decisions. As a result, we are more likely to take reckless risks with our money since, when we win, we may use our earnings to indulge in our vices. In my opinion, this only puts us in a tough situation. 

You`re right. Gambling can be an entertaining and potentially profitable activity, but it should always be done responsibly and without the influence of drugs. Drug substances can impair cognitive functions, leading to poor decision-making and judgment. This can result in riskier bets, chasing losses, and an increased likelihood of developing a gambling addiction. Gamblers under the influence of drugs may not be able to accurately assess their chances of winning or recognize when they should stop gambling. Additionally, being under the influence of drugs can lead to erratic or aggressive behaviour. A story was shared online about a gambler who is always aggressive each time he gambles and so people started wondering whether such a normal person is that aggressive but soon it was revealed that he is always consuming hard substances and that is the cause of his aggressive behaviour.

Gambling while under the influence of drugs may reduce the overall enjoyment of the activity due to impaired focus and decreased social interaction with other players or friends. For games that require strategy or skill, such as poker or blackjack, drug use can negatively impact performance by reducing focus and cognitive abilities. This can result in lower winnings or increased losses over time.
228  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: February 26, 2024, 05:42:38 AM
It's quite strange to see Jurgen Klopp only equipped with his young players while his main players have to be sidelined because so many are injured. I still don't believe that Jurgen Klopp can still beat the Chelsea that we know with his billion dollar squad and it is very strange that against the young players from the Reds they were not able to do it. This is another difficult job for Pochettino, even though he has been given the advantage of a Liverpool squad that has suffered a lot of injuries, but again he failed to maximize his advantage.

Maybe it could be said that Chelsea is even worse than any EPL team and I think the defeat in the EFL final against Liverpool really embarrassed them. There is no title for Chelsea this season with this billion dollar squad and in fact Liverpool will still complete another title which is still very open. Anyway, congratulations to Liverpool, Jurgen Klopp and all the Reds, this title will be one of the final series before Jurgen Klopp leaves Anfield.
Jurgen Klopp hopes to win more league titles during his final season at Anfield. It will be difficult, but he will be able to complete them despite a few hurdles. The first goal has been successfully accomplished: winning the Carabao Cup. The next objective is to win the Europa League. Jurgen Klopp had no fear of his opponents; his squad was wounded, but he had other options, and he brought forward his B team to face Chelsea, following up on Mauricio Pochettino and his entire squad's amusement. Still, the Blues were unable to score a goal. At this point, Chelsea's multimillion-dollar lineup was unable to maintain dominant levels when playing against Liverpool team B.

Sometimes, I get tired watching their games, how can they be struggling against winning opponents. To Chelsea, every opponents becomes tough to handle, despite most of them classified as mediocre team. If we have fail to lift the Carabao Cup, I don't think we will win any other title, even if we made it to the finals, with this current Blues, don't get carried away by these hopes. Perhapes Todd Boehly is confident with Mauricio Pochettino techniques. We might be suffering for the main time but there's certain limits we ought not to reach because Chelsea is an elite team and the best results is expected from them.
229  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: February 25, 2024, 11:55:50 PM
Sevilla kept the score for a long time and were close to getting the point they wanted, but Modric spoiled their plans. Modric is playing great even at that age, he's a fine wine. I don't know if he will retire at the end of the season, but I'm lucky to have been able to watch him throughout his career. Real Madrid won despite missing so many players including Bellingham, Joselu and Carvajal, which is a good signal. They want to make no mistakes on their way to the championship.
Don't compare injured Real Madrid to a club that stands strong enough to absorb the pressing force of Los Blancos. Alot of things changed in the game because the visitors kept in mind for share points but got dissapointed in the second half when an aged Real Madrid playmaker, Luka Modric nets the only one and winning goal for the club. Sevilla headcoach, Enrique Sanchez Flores knows within himself, he can't play Carlo Ancelotti outstanding techniques in crucial games, more especially when he's up for winning matches only.

Real Madrid missing key players are unavailable, I'm talking about players if present on the pitch, their opponents chances of even attempting reduces to their minimum because there will be pressure. I'm just waiting patiently for these players to recover from injuries and they're the selected player that would enchanced the performance of the club. Real Madrid will do more better in next game because this is decisively not the results or expectations from the supporters, they were ready to watch an incredible performance, not some hard luck football. Atlast three points was safely secured.
230  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: February 25, 2024, 10:01:58 PM
Even though you mentioned Liverpool B here, there is some truth in that, meaning several key Liverpool players missed this match due to injury. Yes, Chelsea couldn't take advantage of that situation because the Carabao Cup final was one of the opportunities they had to win a trophy but they failed to do so. For this reason, I think Pochettino has failed greatly in making Chelsea stronger this season.

If you want dismissal, it might come true. But I hope Chelsea management can be patient in the process of building a stronger squad and Pochettino does not have to be fired but he must be given support for the next 1 season in his performance as Chelsea coach. For Liverpool, they are certainly very happy today because they managed to become champions, so their next focus is to perform better in the Premier League and also focus on the European League.
Lose to Liverpool B team is surprising. Before the game, I swiftly check the line-up for both sides and I was happy Chelsea would pound Liverpool because the keymen were absent, unknown to me that there's no room for underestimating actions. Talking about giving Mauricio Pochettino another extra one year to manage the club to see if he will bring difference. I keep saying it, there's no special thing about Mauricio Pochettino, he's just the same as others. Remember what happen to us when Todd Boehly decided to give Graham Potter more time to stay in Stamford Bridge. From today till tomorrow, I will keep saying it, Mauricio Pochettino is competent and can't not handle the club to be top level.

I'm ashamed to say this but Chelsea current performance is been  measurable to an mediocre team like Nottingham Forest. Meanwhile Jurgen Klopp success will keep thrilling over our heads because those top heads have refused to take the necessary decision. Perhaps sacking Mauricio Pochettino will not only sort out the problem of the club, rather there are other measures that ought to be reached. Chelsea is my favorite club but they always have a way of ruining someone's mood.
231  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: February 25, 2024, 08:09:36 PM
Real Madrid has better squad depth than Sevilla and they should have a high chance of winning. I know there are several players who have to be absent for their own reasons, but Ancelotti can adapt to his team's needs against Sevilla.

There was a change in strategy in this match where Real Madrid played with a 4-4-2 formation instead of the usual 4-3-1-2. I don't know what Ancelotti is planning for this match, but I have seen that Real Madrid is not very good with a different formation. I hope Real Madrid maintains its unbeaten record in the last 7 matches in all competitions, this should be the 8th.
Carlo Ancelotti already had everything he needed in place; the loss of his major players did not unsettle him, but rather strengthened him enough to face his opponents. We can't underestimate Real Madrid this season; they're real candidates for the La Liga title. Giving up is not an option for them at the moment; they will use every technique necessary to defeat their opponents, as demonstrated by the club's remarkable statistics. Real Madrid is currently dealing with injuries to important players, but this is no excuse for Los Blancos because winning is their primary objectives.

Real Madrid will win Sevilla, the odds available are clearly stable and incredible, I've already made my move to bet in favor of Real Madrid. This season, they have no competitor and the real one we all thought will give them hardtime are consider no threats. They faces another competitive side tonight, Real Madrid hosts Sevilla at Santiago Bernabéu, I can't wait to see Los Blancos denying the visitors of three winning points. However Sevilla can only poses few threats which can not be recognizable with Madrid.
232  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: February 25, 2024, 07:45:09 PM
Liverpool's Youngsters outclassing Chelsea's £220M midfield is the best thing I've seen today. There was so much tension in the game but I loved how Liverpool fought hard. Exemplary performance for Van Dijk and I'm glad he won it and got the MoTM as a Liverpool captain. Klopp going away soon and the boys are already gathering farewell gift for him. You'd love to seeee it.

YNWA
Mauricio Pochettino needs to be sack because there's no evidence of the coach's progress. They're reluctant in one's position, they're failing to make the big moves. I'm Chelsea fan and I'm sad because my team is finished. There's nothing good about the team this current season, you can't tell me they can handle Liverpool B team at wembley. This was one of the worst game for the Blues this season, they missed out good chances of goal opportunities but turning to Liverpool B team, they made everyone proud with their stellar performance against Blues.

Jurgen Klopp is an intellectual coach, I will keep saying it because he beats every Chelsea coach he meets, either in league or in grand finals. Jurgen Klopp can easily win Chelsea because he knows the weaknesses of the club, no relenting efforts but grab the important points, his player, Van Dijk was present where they needed him at appropriate time. Liverpool goalkeeper, Caoimhin Kelleher saved the day with his brilliant saves, he denied the Blues numerous chances of goal scoring, so he deserves his flowers. I'm highly dissapointed in the Blues, they should ensure they made rights for their wrongs.

233  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: February 25, 2024, 07:02:32 PM
Xabi Alonso is the way to go and there is really not even a discussion about it. Liverpool has enough money to get his mind, they are a great club, they are a premier league club as well, and he would be mad to turn them down. I am not talking about similar amounts of money, they can afford to pay him double the amount and they would still be fine, it's not going to be even remotely similar.

I believe that we are going to end up with something much easier for him as well, being in such a great club means that he will do fine one way or another. Although, it might be a tough one as well because it means that even being second is not enough sometimes and that could be a problem for him, he may not want that kind of pressure.
Liverpool are Carabao champion after beating Chelsea 1 nil with Van Dijk last grasp to sealed the winning for the Reds. They're rejoicing and Wembley is painted red tonight. Jurgen Klopp execute good plans by bringing on his team B to face his opponent. However what's at stake is seeing Jurgen Klopp exiting Anfield at the end of the season. Liverpool fans feeling sad already because Jurgen Klopp have proven to be an elite coach and have managed the club in the past decades. Consequently, teams will triggered good bids for promising coaches in the system. Xabi Alonso is only present in Bayer Leverkusen to upgrade the performance and stats of the club.

There's presence of pressure because Liverpool will strive hard enough to make things right for the club when Jurgen Klopp finally leaves. Alot of things will change because the pillar is leaving and things will changed for either positive or negative. They're trying their best to avoid the circumstances that happen to Napoli. It's better for everyone supporting Liverpool to prepare their mind to get ready for the worst, because the progress of Liverpool can turn out to be dormant.
234  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: February 24, 2024, 10:05:58 PM
Fabrizio Romano is a journalist who happens to be getting the right information about the transfer of most players but that doesn't mean that he does report about every football transfer before they're sealed and that's why I don't think it's a good idea to always expect him to talk about every football transfer.

Victor Osimhen have been able to prove himself to the world of football that he's one of the best strikers in the world so keeping him at Napoli for a longer time I think will always be a problem for the club's management as he'll be definitely getting offers from European clubs of which some of them are even bigger than Napoli in terms financially and otherwise. Kylian Mbappe has confirmed that he'll be leaving Paris Saint Germaine at the end of the season and now the club is hunting for another big striker that'll replace him at the club when he finally leaves which I think Victor Osimhen will make a good replacement for Kylian Mbappe.
Football is live, we just stick on the right information in the system, though it's never easier to know the current trends due to the vast numbers of rumors flying everywhere, but with the aides of these football journalist, everything have turn out to become easier. One of the most popular football journalist, Fabrizio Romano is the only football verified journalist I'm acquainted with. First thing in the morning, during these football transfer window, I ensure I check his page every single day. This season comes with different news, watching Kylian Mbappe tops the trends this summer, he's verge for the move to Real Madrid at the end of the season, really an excellent profitable deal for the Frenchman.

If he's leaving, PSG president, Nasser Al-Khelaifi will scout for a good backup replacement for him, though it's not clear who's coming in because all fingers are pointing to the Nigeria international, Victor Osimhen. His chances of leaving the Diego Maradona stadium is slim, he's available for Napoli and keen on been the active player to bring back the glorious days of the team to this present day. The president will also rely on these players for a better results and development of the club.
235  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: February 23, 2024, 11:57:21 PM


Still remember mudryk price?
The most expensive player bought by Chelsea in the winter of 2022 will reportedly be sold by Chelsea next summer, In fact, Chelsea offered Mudryk to Bayern Munich last winter, but because of Mudryk poor performance with Chelsea so far, of course Munich has shifted the transfer target to Bryan Zaragoza, currently it looks like Chelsea has lost patience with Mudryk so according FOOTBALL INSIDER Chelsea will immediately sell him at the risk of a big loss, bought for almost 100 million euros but up to now Mudryk has not made a big contribution to Chelsea and instead Mudryk can only be a burden on the team, in Chelsea last 3 matches, Mudryk didn't even get a chance to play at all,so the issue of selling Mudryk next summer is getting stronger.
It's worth waiting to see what price Chelsea will set to sell their most expensive player in next summer, because I think if Chelsea don't set a low selling price then no club might want to buy him.

Source : FOOTBALL INSIDER
Chelsea is an elite team but with the current squad, their performance is now comparable to mediocre team like Nottingham Forest and Sheffield United. My team keeps getting everyone upset with the huge amount spent on some random players that's not even considered to be world-class players. These numerous players that Chelsea signed up for this ridiculous price would have been signed for lesser. I know how this signings plays out, it's all pointing to Chelsea owner, Todd Boehly. He doesn't have clue on how to handle these scouting when it comes to the players, he's very desperate and don't mind spending a fortune just to bring a particular player to the team, as long as he have them on the Rader, he goes for all his targets. The worst signing was Myhailo Mudryk from Shakhtar Donetsk, he was mainly overhyped and brought to EPL where he's still yet to prove himself to the club and the supporters.

Chelsea current boss, Mauricio Pochettino have alot on his mind but he needs to think of upgrading the club back to formidable side, it's time for him to start making potential signings, not overhyped players but the ones that are eager to explore their talents in matches. I'm thinking of switching from this club but I find it difficult because the Blues have always been my best colour and Stamford Bridge is our home for solidable winnings.
236  Economy / Gambling discussion / Re: Do people truly risk their money on bets for profit? on: February 23, 2024, 02:12:07 PM
but I wish to know if people really have to gamble without intentions of making money?

It's impossible that there are people who gamble without the intention of making money. They are crazy if there are people like that.

People gamble to have something good in return. Gambling for the reason of having only fun is crap.

Even rich gamblers have that intention to make money in return, what's more to average gamblers. Even some people claim they are just casual gamblers and just want to have fun so they gamble, deep inside they want to win. Don't believe in this gambling for fun reasons or whatever as the ONLY purpose why they gamble.

Haha, you can`t address people who don’t gamble for money as crazy. Yes, it is possible to gamble without the aim of making money. Even though conventionally, gambling is often associated with winning money or other material goods, there are instances where individuals engage in gambling activities without the primary goal of making money. Gambling can serve as a social activity where friends or family members come together to enjoy each other’s company while participating in games like poker or bingo. The camaraderie and shared experience can be more important than any monetary winnings. For instance, a group of friends gathers regularly for a game of poker, using chips instead of real money. The focus is on friendly competition and spending time together rather than monetary rewards.

In some cases, people may turn to gambling as a way to escape from stress or boredom. The immersive nature of certain games can provide a temporary distraction from real-life concerns, even if there is no expectation of winning money. For instance, an individual struggling with anxiety finds relief in visiting a nearby casino and playing slots for relaxation purposes. While hoping for wins, the main goal is to destress and enjoy the experience. Another instance where gambling occurs without the primary goal of making money is in charity events or fundraisers. Organizations often host casino nights or raffles as a means of raising funds for charitable causes. Participants purchase tickets or chips to play various games, knowing that their contributions go towards supporting a good cause rather than personal financial gain.
237  Economy / Gambling discussion / Re: Will AI Take over the Position of VAR? on: February 23, 2024, 01:53:58 PM
Before we criticized VAR we should know that there is nothing wrong with VAR but the humans who control the machine. VAR cannot function without humans controlling an aspect of it. It is these referees who make VAR ineffective because of poor decisions regardless of the presence of VAR. I think the referees should be sensitized to the need to make proper use of VAR and any referee who officials unjustly or neglects to review incidents when necessary should be dismissed outrightly because that will make a lot of them transparently because of the fear of dismissal.

Advocating for AI will also not solve the problem because no matter how perfect AI will be referees will make it imperfect and then we would start advocating for another system. I think we should target the cause and the effect will be corrected. For instance, when Newcastle played against Arsenal, the ball went out of play but the goal stood after the game we heard that cameras could not cover that angle coupled with other reasonings just to justify the decision but if this is the case, then they should make sure camera covers every angle in the pitch to prevent such errors in subsequent matches and thus enhance officiating.
238  Economy / Gambling discussion / Re: Do you feel excited while gambling on: February 23, 2024, 01:36:53 PM
From my little activeness over here in the forum and my involvement in gambling I have been seeing some changes in me and it's gradually beginning not to please me anymore I don't know If I will say I am becoming too emotional with my funds but sometimes it's very painful to place a bet for about 2 to 5 consecutive times no winning and this is what is beginning to me make feels sad. I know is a game of luck but sometimes whatever we do and not feels happy we should try to quit it.

This is why we have always advocated for the need to set a gambling budget and stick to it. When you set a budget and stick to it you don`t have to worry about the number of times you win or lose because your gambling is determined by the budget and since this budget is determined by our income which is an amount we are prepared to lose it becomes easier to control our emotions. Gambling often involves high levels of emotional arousal due to the potential for winning or losing money. The thrill of taking risks and the uncertainty of outcomes can trigger strong emotional responses but this can be controlled when we gamble with a ratio of our income we can afford to lose.

Most gamblers don’t set a budget and others set a budget but find it difficult to stick to it because gambling can be an impulsive activity, and some people may find it difficult to resist the urge to gamble, even if they know they cannot afford it. This can cause the gambler to exceed his budget. There are also inexperienced gamblers who do not fully understand the odds of winning or losing, and they may believe that they have a better chance of winning than they do. This can lead to unrealistic expectations and overspending.
239  Economy / Gambling discussion / Re: Who's winning more casinos or gamblers? on: February 23, 2024, 01:19:54 PM
Every day, thousands of dollars enter or leave the treasury of casinos, and we always hear about a gambler who wins or loses a large sum of money.

The thing that caught my attention is that the casino never loses. The money that you win is not the property of the casino, but of another player. The casino is in the process of recycling the money that the players have invested. There is always a winner and a loser, and when you bet with an amount of money, you bet against the money of all the other players. If you win, they will pay you from their money, and if someone else wins, they will pay himBTCBTC from your money.

So the casino remains the biggest beneficiary, right?

The balance of wins and losses between casinos and gamblers is not equal, with casinos generally earning a profit over the long term. Casinos operate on the principle of having a statistical edge in the games they offer. This advantage is built into the rules and odds of the games, ensuring that over a large number of bets, the casino will profit. The statistical edge varies depending on the game and how it is played, but it is always present to some degree. For example, in American roulette, there are 38 possible outcomes (18 red, 18 black, and 2 green). If a player bets on red or black, they have a 48.65% chance of winning (18/38). However, if they win, they are only paid out at even money (1:1), meaning they get their original bet back plus the same amount as their bet. This results in a house edge of 5.26% (38/700 - 1) for this particular bet. Over time, this small edge adds up, allowing the casino to earn a profit from these wagers.

Even though gamblers can adopt strategies like card counting in blackjack or searching for looser slot machines to potentially increase their chances of winning, these tactics do not eliminate the statistical edge. In addition, casinos often take measures to counteract advantage players or tighten slot machine payouts to protect their bottom line. This ensures that they are more likely to earn a profit than gamblers in the aggregate. The fact that the casinos are winning in the cold war is why they are still in business and even expanding.
240  Economy / Gambling discussion / Re: Have you won a bet with your last cash? on: February 23, 2024, 01:03:56 PM
I think most gamblers have that kind of experience. I personally feel that experience lots of times already. Not in physical betting shops but in online gambling through playing slots. There are lots of times when my luck will just come out of nowhere on the last amount standing in my already wrecked bankroll and the game will turn upside down in favor of me.

Sometimes, I'm still able to cash out the winnings I made from bouncing back but unfortunately, I will admit that most of the time, I got carried away to push more thinking my luck would associate me in the long run. In the end, still left my bankroll wrecked most of the time. I just extended my bankroll's life on that session but the result is still losing.

This is common among gamblers. When you win and don’t stop gambling you will end up losing everything. I have had lots of experience on this and sometimes I feel like my world is coming to an end whenever I make such mistakes but then next time I still do the same thing. I will share one of my most painful experiences here. I used to play virtual football betting. There was a day I went to a betting shop to gamble. I went with $200. $100 was mine and the other $100 was that of a friend. We both did a business and that was the outcome of the business. So I was yet to give my friend his money.

The money has been with me for two days and no call from my friend to come get his money. I went to the gambling shop and started gambling. I lost to the point of even using my friend`s $100 to gamble. When it was remaining $20 I used it to gamble and then won $80. I continued until I raised about $230 but I couldn`t resist the urge to keep gambling because I felt overconfident and so tried to chase bigger wins. To cut the story, I lost everything and then an hour later my friend called me for his money. I told him what had happened and promised to pay him back. When a gambler wins and stops gambling for the moment or that day there is a high probability that he will lose everything.
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