Rather than cheating it is all about utilising the opportunity. It is really hard to win against the machines. There are people who are skilled enough to cheat the machines through learning. I don't have the patience to learn as well as try against the gambling machines that are completely focused on profit making. I will go with fixed bets, because in the past I've won with fixed bets information shared on our forum. I'm not sure how far the bet is real information or coincidence, but I was able to win a fixed bet.
after you said about rigging a machine i remember in the past there was a young man who cheated a slot machine taking advantage of the bottom hole in the slot machine instead he used a small amount of money and tried to poke money out of the hole at the bottom of the machine those slots. from this I conclude that cheating offline gambling is possible but cheating online gambling is a little impossible and even very risky for our accounts. I support your statement that it would be better if you choose a fixed bet rather than having to seek profit from crime against the dealer. That coin poking thing do also happen here in our place but it wasn't a gambling machine that is involved but it is an arcade video game. Kids does this all the time whenever the owner of the gaming place is not around and there are no CCTV's back in time so they never get caught. Not gonna lie but I got involved with it before. Of course I realized that it was wrong and as a grown-up man, I never done it again. Cheating online is possible for a skilled hacker and then it was also safer because they can use some tools to hide their identity. If their accounts get caught and close down, they can easily create another one and do the same thing again. |
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I have accepted that language changes. I used to get arguments about the origins and now i just don't care anymore. I've seen even talented developers using term "native token" about their incentives in L1. At that point i got frustrated and decided that this is not worth my time anymore so i completely stopped trying to preach the origins to everyone.
People have been using name shitcoins and memecoins more often then meme tokens or shit tokens so i am assuming it have been a lost battle for a while now. I don't really care. People who care understand the difference and people who don't care... Well i don't care if they do. It's not like they have even any say in the matter.
Why don't you care? Shouldn't fellow forum members be mutually beneficial to one another ?, so as to create a forum environment full of knowledge and understanding. I feel the warmth of the forum all this time, I think we should care about each other, right? Keep it cool buddy. I think he is not referring to you. What you did there was still helpful for some who are still new in crypto or even to the veterans who didn't know yet the difference between the two but of course, as long as you did your research first and found out that there is no existing thread yet about this one. You guys are right, so many people often mistaken coins with tokens. @o48o already gave a sample in the form of meme coins and shit coins. I think I know the reason on why they got used to it. Might started with DOGE because DOGE was a coin and not a token but it wasn't a big deal as saying that Bitcoin is a token. Many people will surely be offended by that. |
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Take your time to do research on coins listed on big exchanges like Coinbase, Binance, etc., these coins aren't getting anywhere so you don't have to rush (FOMO). The reason why big exchanges are like what @Xal0lex said, i.e., the liquidity. The longer you hold, the risk will be higher (and the return as well). So if you are a beginner, you might only want short-term trading. The easiest way to do research is by sorting the coins by their market cap.
So many coins can only come and go and a few can pump huge so hurrying up does actually matter. If we are late, we should not insist of push our selves on the coin who just pumped because there is a big chance that we will get trapped inside it. There are still plenty of fish in the sea so it's better to just move on the next potential one. A poor coin will look decent in the hands of a big exchange and there are people who scout them there so it won't run out of liquidity at first. New risky coins are only good for short-term HODLing. Only the risk is going to rise the longer you HODL them and not the reward. If we want a coin for the long-term, active old coins are the only way to go. This is also perfect for the beginners. |
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My gambling journey began in college when I was introduced by a friend who made lot's of profits from an odd given to him by his coursemate, of which he staked very high and boomed, his winning got my attention cause i needed some cash to sustain myself as a student, he taught me to create an account then with a particular sports betting app and gave me a 50odds which comprises of 10 Epl games he asked me to stake high which I did with a spare 5k I had and boomed, i was very happy to earn such a huge amount of money, so I always went to this particular friend for games whenever we meet.
It went on and on until he graduated and I couldn't keep in touch with him, then I decided to make predictions by myself with the little experience I had from him, on a particular day I was able to come up with about 12 games of up to 200 odds but out of greed and quest to earn more I decide to include another game which I felt was very sure, I could remember it was Barcelona against Malaga and I picked Barcelona to win over magala which is very possible with Barcelona given about 1.20 odds against Malaga given about 15 odds , to cut the long story short, could you believe other games played and Barcelona being the only game with the smallest odds made me lose, lol I felt very bad and regretted including that particular game cause i almost won about 500k in my local currency and that particular game stopped me from winning.
Moral lesson: Greed is not a friend to gambling, do not gamble with greed, lol.
$5k was a lot for a spare cash. I thought you are a poor guy? You are lucky to have that kind of friend but why you never get his contact details? So that you guys can still to talk each other even not personally. You could have ask if what is his secret and if he passed it to you, you are not going to heavily rely on him anymore but you can now make money on your own. You are already greedy when you go for 200 odds but I was surprised how you got lucky on it. If only not because of that 1 game you add, you could have gained a massive profit but that's just it goes sometimes. A lot of us here can relate on your story. I hope you learn your lesson now. |
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[1] There is money everywhere - When we were young, many of us were taught by our parents to study hard and then enter a good company to work after graduating. And there is nothing wrong with this, But there are also many of us who until they are old know that this is the only way to earn money, but you will notice that this is not the only option because you can build a business, offer a service to earn money of money. In fact there are many incidents like that among parents today. Instead of developing the talents that their children have, instead they tell them to become employees and forget about the hidden talents that these children have. So because there are thoughts like that, many young people today are monotonous and don't develop well in the field of making money. Therefore thoughts and understandings like that really have to be reduced and balanced with broad thoughts towards the view of making or making money. That isn't new. It is like a tradition already. I think the parents are not selfish but they also think about the life of their children. They don't want their children to be like them if they are poor. As for the rich, they also want their children to be like them. It will be a shame to them if their family wont be like their ancestors. To earn money doesn't always mean to be an employee but it can also be on a self-serving business and other fields. The talents of their kids are still being followed. I remember there are parents who are angry about their kids because they only see them playing video games but by the time their parents know that their kids are earning money through it, they are now fully supporting them. |
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It is possible to earn $10k per month from gambling and trading but you need to invest heavily. But these will not guarantee you constant big income and you may lose your principal in some months. being an expert in trading can be called a skill but I am confused if it can be considered a skill in gambling. Because gambling is so risky that no one can guarantee win here. no matter how expert he is. so I don't consider it as a skrill
For trading maybe, as long as you are skillful and then you have a decent capital but for gambling I doubt it's possible, maybe you can only lose an amount like that. Investing is another activity although when you put something, be it time and money, it can still be called as investing. We shouldn't invest heavily but we should only invest what we can afford to lose so that all aren't going to be hard once we fail. Skills are still possible in gambling but luck is what you need the most to be successful in it. Trading is risky just like in gambling but the risk can be minimized depending on our skill. In gambling, the limit of minimizing risk was a little higher. |
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I feel like having a break as I am starting to feel we could go close to the lows of last year, not sure if we will go that low but could go close so thinking of waiting until we see at least another 10% drop to buy more.
Don't rest just yet because it's time to keep collecting Bitcoins because the ship we are waiting for is almost at the port. The developed FUD can be a positive momentum for those of us who want to increase the number of assets in our wallets that we will hold. Many of us are not new in the market anymore but we can't help to be assuming sometimes. They think Bitcoin is supposed to do something great this time because it's been a while since the last pump have happened. FUD's can occur from time to time no matter what is the market condition, whether it is in bullish or bearish state. Having a break is not wrong but it is beneficial for one to relax and loosen the stress or tension that builds up over time. The moment he comes back he will now be stronger than ever. And we don't know maybe he already have tons of Bitcoin sitting on his wallet and is only waiting for the right moment to sell it? |
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I got persuaded by my colleagues because I noticed they always ends at the winning side in gambling, only for me to realized that it was never my bidding, I liquidated my bank accounts all because I got motivated and inspired each time I lost, they keep winning, but these winning doesn't come all the time. With time, I come to the realization that the earlier quit, I would be a freeman completely from debts and tense emotions. We're into gambling primarily for the reasons of lack of finances, we need sources that would generate these sources of us, and in a more faster way, not everyone have the patience to wait for salaries.
Gambling mainly depends on luck and each people's luck are random. If not then it will be a disaster for all of the casinos. At one point many of them are closing down but on the other, their business are growing quickly. Don't be too discouraged if you cannot win in gambling. It's not the main objective of it anyway but it was about having fun. Yes even if we lose, the fun part is still there while if we don't, there won't be anymore. If money only matters to you, well, that is a different story. Obviously, you will still be smiling. Regrets always happens at the end. Don't beat yourself too much as it was already done but just focus on how you can improve yourself on the current moment and onwards. |
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Milan not having any good young players up top is definitely a big deal but I also think that it is going to end up with them being a bit different in the end as well. We can't really make sure that it is going to be a tough situation for them just to get a striker, they should be able to do so. I am not saying get a world star level player, but at least get some 25 year old or younger player that can play on the cup games and league games when the ones they have are tried.
Like Giroud is a great player but he is 100 years old, he is not going to be able to play all that many games and if given the chance he could potentially end up retiring as well, so him being their starter is really not a good idea if you ask me.
After winning title in 21/22 Milan were never been at their best and this all happen just because of their finances which are currently the biggest issue and if they are not going to spend now then surely in next season 23/24 things could be worst for then as now we have few teams with good changes and better players can bring them down from top four which could be surely disaster for them incoming years, but their performance in Champions League was also good which is surely creating good atmosphere for them and as promise by Milan president if they spend some good funds and able to bring few good players then surely we can expect good fight again in nest season right now we have Inter Milan, Juventus, Napoli and AS Roma as toppers but can they join them it's surely needing good spending from them in next few weeks. I feel like not having that kind of money is a big issue for them and if they have to then they should just sell the team to a rich owner. It is a club with a rich history and a great big fan base and a worldwide viewership so it would be pretty good investment for a rich person and that rich person could put some money in there to make the team much better and then use that to sell it again much higher while making a profit. If not, they are going to suffer, look at them right now, it looks like they are suffering and there is no way out of that so far. I know that it is going to be a bit of a trouble so far, but I think it is going to be an issue if they do not find a way to bring money into the club, it is just not going to happen. |
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In my opinion trading can be both gambling and not gambling depending on how you are seeing it. Trying to do risks spot trading on altcoins, it becomes a full gamble. With non-spot trading types, you are again fully gambling. The only non-gambling trading is bitcoin on spot market.
But it is natural to be inclined towards risky trading and therefore bitcoin spot trading is the least attractive for newbies. This should be decided by the trader as to how much risk they can handle with knowledge of the rewards
Trading is an EV+ gambling in a broad spectrum definition. Just do it as long as you are comfortable in it.
Trading is trading while gambling is gambling. When I say gambling I mean the ones with different games on them like poker and roulette. If we talk about risks then both has a gambling element on them. It does not matter if you trade Bitcoin and you are an experienced trader already because I believe there is still a risk there even by just a tiny percent. Many newbies are attracted to trading. These newbies better start with spot type and then use Bitcoin as their currency. If they already build an experience, that is the time for them to move to altcoins and other types of trading. Investing using Bitcoin is still the best for a newbie before proceeding into trading. |
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Gambling is a game that has an addictive effect. Most people who have joined gambling sites will find it difficult to get out of the gambling circle. It doesn't matter how much you lose at gambling, as long as we still have money, we will continue to gamble
Can you share your first experience playing gambling? and who told you about gambling sites?
I myself know gambling sites from my own friends. I idly and try to deposit. Starting from playing with a little money, after a while I didn't know how much money I had spent playing gambling
The amount that we lose does matter. What if you lose big amounts? Do you think it's easy to accept it? No, but there is that revenge feeling that we will experience. Losing small amount doesn't always mean that a gambler won't continue playing for more. They still can because they think their losses are still small. My first gambling experience here in the crypto world is not great. I ended up ALL-IN'ing my balance in the default setting of dice and my first bet was a loss. No one told me about that casino but I only saw that here in the forum because it was promoted through a signature campaign. Tracking expenses in gambling can be optional because some of us don't take it seriously. If you are still curious if how much you spend, you can always check the history of your gambling account. |
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The betting agent tries to take advantage of his customer because the more he spends, the more profit he will get from the customer, the betting agent has crossed the limits of what he should have done and now he accepts his greedy attitude. Because as a betting agent, he understand the risks of gambling and coupled with the risk of providing loans, which also have a risk where the debtor cannot repay the loan, and it could be that the betting agent is used to doing this, only this time he is dealing with a customer who turns out to have no financial ability and in the end he will lose his money. Important lesson not to take advantage of people for self-interest because the results can actually be detrimental to oneself
While this is common I still think this is wrong, I mean look at online casinos, they do not give loans to their customers and yet they are a thriving industry and it would not surprise me if they were generating now more profits than land based casinos, so trying to take advantage of gamblers in this way by giving them loans may work for a time and increase the profits of that casino, but I am sure there are many gamblers out there that if they found out this information they will decide to stop gambling at that casino out of fear this could happen to them. Not wrong but it's risky on the side of the casino owner. What if the gambler won't pay and won't come back again on the casino? Gambling plus loaning is something that won't fit. It's a bad idea. For loans, there is already a separate company for that. They have special conditions to make sure that they won't lose big in the long run. The cheap internet, gadgets which has the ability to connect to the internet and covid has made people more exposed online or to online casinos. No wonder why they are growing and seems to surpass the land-based casinos. When a gambler found out that a casino offer loans, the more they will play on there. It's the casino is the one who will experience a fear. |
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Marketing is very important to send an introduction to custumer, and indeed many business sectors need marketing to increase their popularity and sales, especially products that have many competitors in the same industry, of course various ways need to be done to do marketing, and yes like that said @poker player there are several companies that do not do marketing in such a way because they have a strategy in their own marketing about the product I agree with that.
Ads on Facebook, YouTube, Google, and others, and others, I don't know how effective it is for marketing, because there is no ratio of the percentage of how much the product you sell, so for me who is lay in marketing by utilizing social media like that, I Don't know how effective it is to marketing.
I think it is more effective in marketing carried out by influencens on social media than relying on services provided directly by the platform.
Marketing is the oxygen to grow a company. In this digital era digital marketing is very effective for all online based companies. and among digital marketing, SEO is very popular and effective marketing strategy nowadays. and it helps to get organic visitors. and through social media like facebook twitter etc. marketing is also possible. and the more money a company spends on marketing, the more successful the company can be. so definitely money should be invested for marketing I think it was the location if it's an offline business. Once it is located on a crowded area, people will naturally noticed it. If it's online I think domain name is what matters because when someone search up a keyword which are close to that domain name, it will easily appear in the search engine. If we don't have them and you are getting less costumers then that might be the time to do a marketing. Before we get confident and spend tons of money for it, we need to make sure that the service that we offer is already top-notch because this is still the one that makes people avail our service and then they will keep on coming back once they liked it. |
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The Windies didn't get any wickets so far but their bowlers are doing a great job, spinners in particular keeping things very tight and rarely giving any freebies, which is good to watch.
Spinners did trouble both openers but batters are all set and must be eyeing their 100s. The Windies are in for a hard grind in this inning because of the deep batting lineup of India.
West Indians doing good job in bowling after having poor in batting, but things are still looking for the inning defeat with right now openers are playing comfortably even have slow run-rate, but this all is good for the Indian because right now they are leading by 40 runs and if things gone in this way for some more time then surely they can touch 400+ and this could be ended for the home-side. Jaiswal is already in nervous nineties as he is playing his first test match and Rohit Sharma is also doing good job and playing against his own style which is also good for the India and captain today most chances we will have 300+ with the lost of one or two wickets could be all OK with one man surely needs to stay until end of the day. |
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Most lottery winners have no plan in place to replace the money and attempt to live the lifestyle of a billionaire on a few million dollars. One's attitude rather than a lack of resources is what makes someone poor and broke. People are broken on the inside. They are ignorant of the nature and how powerful money is. To make more money, money must be spent and invested. The majority of people were never taught that, so when they win large in the lottery or casinos, they quickly lose it. The secret to the rich staying wealthy is first their mindset and second who they talk to. They either don't seek financial advisor assistance or they completely disregard it. And really what they have to do is put up a portfolio with some Treasury securities, blue-chip companies, and both commercial and residential real estate, and live off the interest. But they never do it.
I think they also think of it and they have tried some things or businesses to regain the money that they have lost but some of they are not lucky about it. Their spendings are still bigger than what they earn so they end up using most of their wins and eventually all of it will be gone. These people never have that kind of money before so they are only spoiling their selves. I see nothing wrong with that. What important is they enjoy even if they will ran out of money soon. We can't bring our money in the other world once we unfortunately perish in the real world, so it is still better to use them now as long as you are still healthy and capable of doing a lot of things. |
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I hold Algorand and not sure if I should buy these low prices or just hold and accept its over ??
It is currently at its lowest price in 3 years and almost at its all time low.
The SEC labelling it a security has put a lot of fear into everyone.
Does it have a future or is it over?
In my opinion, the current situation has indeed made cryptocurrency prices fall, including the price of Algorand, but as long as Algorand still has a progress, then of course Algorand can still recover and increase again, so if you really feel that Algorand has progress and still active, then you don't need to worry, so you need to keep holding and doing DCA Algorand to be able to get profits quickly. Please don't tell me it was the bear you are thinking? But we are almost out of it. As of now, any strong crypto can be able to rise on its own but I don't see that Algorand is among with it. And If its true, then it was already being talked about everywhere. Still, I don't think Algorand is dying. Maybe it's true that it still has some progress. That was enough already to get qualified for the next bull run. He thinks everything is over for Algorand but why would he decide to HODL it then? That would only lead him for more losses. It would be better if we just sell the coin so that we can still get something. At least, we are not a total loser. |
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I have always preferred Dogecoin and to a lesser extent Litecoin. These coins are not worth as much. If you gamble with Bitcoin and go on a bad losing streak you could lose a lot of money. Cheaper coins allow you to try riskier strategies while risking less money. I only gamble for fun so it doesn't matter if I lose a small amount of Doge. With Bitcoin even losing a few sats can feel bad because of how much work I put into acquiring it.
Dogecoin is pretty classic when it comes to crypto gambling. Long time ago, lots of my co-gamblers are using it and they bet crazily high amounts like a million or two. Dang, imagine if they still have it and sold by the time DOGE skyrockets? Those peeps must be a billionaire now. And of course the next to DOGE would be Litecoin. Even up until now, these two coins are still two of the leading which are being used the most of the crypto gamblers. It is still possible to use a small amount of BTC, equivalent to the amount we use when we play using DOGE and LTC. Maybe the feeling of losing more is only due to the high transaction fee of BTC, add in that the coin can rise quickly sometimes. |
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Putting some limits will not hurt anyone, especially in the gambling industry which is mostly addictive for many players. My opinion can be simply elaborated with few lines, just don't pay attention to the patterns and change the game style to avoid getting caught by casino AI. It is not something that can be proven but surely many gamblers can talk about the weird feeling after losing big. Something goes wrong and you keep increasing the bet size to recover as fast as possible which never happens for obvious reasons. That bad feeling when you are winning can be controlled with mastering yourself and teaching your body or mind the succesfully mindset. Patterns will not give gamblers any advantage btw.
Well, less is more as they say so yeah it does not hurt but it was only beneficial to us most especially if done here in gambling. When we say pattern, it does not literally mean the things that we do when betting but it can also mean like a lifestyle of a gambler like what the OP is talking about. It sometimes better to have a fixed pattern so that we can do things right away. We won't be confused anymore or waste time. Some says it's bad to do when betting because the casino is like monitoring our moves but there are no real evidence to back this statement. I still believe that casino doesn't control anything and everything works in random as long as it's legit of course. |
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we use the mistakes that have been made to revise ourselves, so that later we don't do the same thing again. it is true that no one has never made mistakes, but not everyone can learn from their mistakes to improve self-quality. therefore don't be afraid to make mistakes, but make mistakes as an experience, isn't that what can make us greater is a lot of experience
That is because to change is not easy once we are already hooked on one thing. That is why some just accept their fate. Well, that's their life. We can't do much about it if that was their decision. The only thing that we can do is to focus more on our selves, on how can we improve it more even if it's already at a good state. We should be afraid to make a mistake because like you said earlier, not all have the ability to correct it. I guess we know our selves more so maybe it will still depend on us. It is still possible to build an experience even if without committing a mistake first. We only need to be more wise and learn from others. |
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This is not rare at all and while it did not happen to me this happened to a friend of mine, he was really good at soccer back in our younger days and I really thought he had what it was needed to become a pro at some point, however when I asked him if he had any chance to go pro he told me he was asked for a huge sum of money in order to get the chance he needed, and since he did not had it then he never got a chance.
So it does not surprise me to read this has happened to many other people, what is surprising is that it happened to one of the players which could be considered to be the very best at the moment.
Even if let say your friend has that huge sum, I think there is still no guarantees that his career will last long and we are not sure if he will make it to the real pro scene as it looks like the club he was applying at is only just a scam. A legit club won't ever ask for money but they will only hire the players once they saw a potential from them and they still can make money once the team starts to play on higher tiers. The pro players that are now known do also start small and there are also clubs which offer them that kind of deal so it wasn't shocking at all. They only ignore it and move on to the other legit clubs to successfully pursue their career. |
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