In this regard, we as players know very well that dice games are very good for applying many strategies, I am very fond of this , because since I started in the world of gambling, the first thing I started to look at are dice games and yes, it is very simple, dice are pure luck , those strategies that we pick and win are that, luck at the right time, what I do not advise when Playing dice is that you apply the martingale, that is the only thing.
I guess you have lost a lot using martingale strategy too. It's such an easy strategy to execute right. At the same time, we can say that it is the shortest way to lose money. We just double up our bet in the hope to win but we keep losing more than double in every round. |
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Will owning 1 btc make generational wealth?
The more amount of bitcoin you have and the longer you hold, you'll be tempted more to sell. You would need a strong dedicated ming to hold bitcoins for a long term. Owning 1 BTC now would yield your around $64k and it can be a great option to build generation wealth assuming it rises the same way it has been rising till now. |
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claims her predictions are over 85% accurate.
A simple fact is that if her predictions are 85% accurate then she would be betting on the matches herself. Even if she lost 15% of the capital she would still be making around 85% gains which is a good ideal. So we can know from this that she's lying and she isn't making good money from her group. On top of that, she has to take the burden of staying awake for longer hours which will impact her health in the long run. I would consider this a bad option. |
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Damn, that's bad. I hope they didn't take his life away by shooting him, yet, both of his legs are injured now.
If he would have knew that his win would have costed him both his legs getting shot then he wouldn't have hoped to win.
This shows why gambling on a physical casino is a great disadvantage.
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I don’t think accidentally placing a bet and winning is an expression of luck. That’s just stupidity that happened to work out in an unexpected way. Luck, is just the expression of beating the odds and when it comes to gambling the odds are against you (with the exception of low odds events) so if you win against the house, you are technically getting lucky.
You can call it stupidity that he didn't check his bet before placing it but either way he was still lucky to win the bet. So in a way you should be calling it luck because that's why he won the bet isn't it ? It "worked out in an unexpected way" because of luck. |
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It's true that we need experience to build strategies to be used in gambling to make profits.
But it directly doesn't mean that our win is all because of luck.
Surely, luck is an important factor in gambling and we need it at all times to win money in gambling.
But then again, we learn from our mistakes and when we keep gambling and keep losing because of our mistakes thats when we grow and gain the experience. So it's all a learning curve.
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It's well agreed that DCA is by far the most proven strategy to accumulate bitcoin over a long period of time.
The benefit is that you get the best average buying price and this applies to everyone using DCA at any point of time.
It's suitable for newbies as well people who don't want to get into the hassle of trading regularly.
The most convenient and effective strategy till date and I have been using it myself for the last few years.
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Will bitcoin still be profitable in the future when most people might have understand it better to hodl bitcoin. I think bitcoin is gaining more adopters because people are getting to understand it better and I feel in the future people won't be worried about the volatility of bitcoin because they already know what the volatility of bitcoin is all about. If majority of the people hodl bitcoin in the future will it still be profitable as what it is today ?
I believe as long as people are holding their bitcoins then the price will only keep rising. At some point a vast majority of the world population will be holding bitcoin. But bitcoin holders need to be diverse and as many people hold bitcoin the lesser risk it would be if a whale dumps their coins. This is why a single entity should not be holding a lot of bitcoins because that would create a panic in the market when they start selling. |
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All of the above is very important but also is important to read the release notes for every update since sometimes it may harm our computers
This is the only reason why I hesitate to install the latest updates on my devices. Remember CrowdStrike ? It's a solid example why we should NOT always install the latest updates. Sometimes the latest updates are faulty ones and make our lives miserable. But this doesn't mean we should never install updates on our devices. I believe the best way is to wait for a few days or weeks and then install the updates to stay protected. |
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Even if they don't, what's the worst that can happen ? The worse the reputation and the more customers leave. Customers are people who must be looked after well and they must serve them with good quality at all times. Customers are those who give you profits and when they leave you will lose a lot of income. Isn't that normal? Yes, ofcourse and that's the worst part but what if freebitco.in does fix the issues slowly. They might regain their users back. If not all of them then at least half of then would be back I believe. Don't you think that would be sufficient to keep the site up and running. |
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With how the minds of the people that live in the world today is programmed, it has become a very common practise that anything or activity that involves the possibility of one making money, such activity can easily be abuse, I used the word "abuse" here because gambling is generally abused this days if we were to go by the real purpose of gambling, and this we all should know that it's a recreational form of entertainment, but gamblers of today have completely forgotten about the entertainment side of gambling, every one is out here to make money, and I do not want to say that this is unfortunate because at the end of the day, there are still a very few lucky ones who have made money from gambling, and this have changed their life completely, so for this group of persons, gambling is a savior, life saver or anything good we can think of.
We've gone past when people gamble for entertainment alone, every body wants to make some money, what we should be preaching now is, people should learn to only stake what they can afford to lose, for not adhereing to this rule is usually the beginning of almost all gambling problems.
That is undoubtedly true and it's good that there are people like you who understand this fact and convey the message to others. The fact that gambling creates an illusion of winning money is the reason why many people fall for this trap. The only thing we can do is to raise awareness that gambling is not a method to earn money but to have fun losing money. |
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That's not the right way of portraying it because even if it the bet is having lower odds then it doesn't guarantee a win.
The probability will still be 50-50 for the game. I have myself did this experiment once and placed all my bets on the ones with lower odds.
I lost almost 8/10 bets which shows that it's not the lower odds that always wins.
Also, luck is an important factor and we need to win our bets whether it be the one with lower odds or higher odds.
We need to carefully analyze our bets and not fully rely on the odds. If we automatically assume that odds of 1.50 mean a sure win, we’re likely to lose easily. In popular events or games that attract a lot of bettors, bookies might offer lower odds that seem attractive, but sometimes it turns out to be just a trap. I believe these ideas aren't often discussed with beginners, but once you consistently gamble on sports and join various forums, you’ll come across theories that might make you think they have some truth to them. This can help you become more cautious with your decisions, so you don't easily fall into traps when you see odds that are too attractive or hard to resist. Yes ofcourse, I have come to know that the lower odds are not always more fruitful. Sometimes it's better to bet on the one with higher odds because you might just end up winning it easily. You're right that more analysis is needed when we are betting on sports. We can't take it for granted. Talking about traps, have you encountered such traps earlier ? |
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There’s a lot of recurring issue on this casino especially cases that involves withdrawal and email verification. There’s still some user that has pending withdrawal for a long time or failed withdrawal due to the gas issue use on the transaction.
Also most of the problem on this casino was started few months ago while they have slow support to answer every issue on regular basis. I really doubt that they can regain asap their reputation with this kind of slow phase on dealing with issue.
Yes, that is still there but since freebitco.in started adding up the WoF spins recently it shows that they have not decided to abandon freebitco.in yet. So may be from that perspective, they might start resolving the other issues on the site as well even if they are slow at doing it. Even if they don't, what's the worst that can happen ? |
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Bitcoin has been having such corrections since inception and so it will reach $1million the same way it reached $72000. It's quite normal for any asset to have dips/corrections and bitcoin being more volatile is prone to having such dips. |
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Yes, this is also what I follow. I had purchased a separate number in 2019 for banking as my existing number was flooded by spam calls. But unfortunately, even though both of my numbers are DND, I at least receive 4 to 5 spam calls everyday.
There is no resolution to this unless the government becomes strict. Even though the DND registry is here since a long time, no one really follows that. Unfortunately this is how majority of the government services run in India.
Does DND actually work ? I had activated DND through my bank because I get so many calls from the bank for loans, creditcards, insurance etc... It stopped initially for few days but then it started all over again and these days I have just stopped picking their calls. I have stopped picking any calls that start with the number 1. |
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We can see the binance app again on the playstore now that they have fulfilled FIU compliance policies. It is indeed a good news for many users since many Indians use Binance regularly. Avoid P2P service on Binance in India as chances are that your bank account may get frozen. There are too many scammers operating as merchants on Binance P2P and there are too many users who have reported their bank account has been frozen after doing a transaction with a merchant. For trading, Binance is the best exchange as it is one of the biggest exchanges in the world.
P2P is surely risky and yes some people have got their bank accounts frozen. Fortunately, I haven't faced any such issues in P2P yet, may be because I deal only with reputed P2P traders. What is your thought on this ? Would you recommend others for using P2P if they are dealing with highly reputed traders (i.e. P2P traders who have good reviews). |
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Pulling yourself together will be difficult, especially in a state of loss. I know it since I have experienced it and yet I cannot overcome such a thing because all I think about is revenge and the only way to do that is to chase the losses. Thankfully, I had one day that I thought of my mistake and I tried to not gamble for a week and see to it that I was not yet a gambling addict, it was a successful experiment and now I am a better gambler who is responsible and always stick to my budget.
I think we have to get that rest sometimes so that we can look in the mirror and tell ourselves that we are gambling way too much. That way we can also try and clear our minds so we won't do it again the next time.
May be that was the turning point for you to realize that over gambling is something that can lead to losses which you can't afford to lose and in turn making you a gambling addict. It's good to realize this as soon as possible since we keep losing our money up until that point. I had realized this few years back and had been playing safe since that point. Having breaks in between gambling is a good thing to do since it kind of refreshes our mind from the gambling cycle. |
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*Would you rather gamble before or after an important occasion in order to be careful not to spoil your mood?
*Do you care if you win or lose at gambling before an important occasion?
Losing at gambling do makes us upset but if the loss is bearable then it won't impact us very much. We will be able to control our emotions and hence our mood won't be spoiled before the occasion. I follow the same which is why I don't care if I lose in gambling before any occasion. |
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As for sports betting, I sometimes recall such an interesting analogy: a predatory animal in the savannah that hunts gazelles. Imagine a leopard or a cheetah that hunts a gazelle. The leopard could run aimlessly after gazelles all day until its strength leaves it and it does not catch a single gazelle.
But no predator does this. The leopard chooses situations when the gazelles allow the predator to get quite close to them and only then attacks.
You may ask, what do leopard tactics have in common with sports betting? In my opinion, there are also similar situations in sports betting, when one game becomes a little more predictable than others, but for the bookmaker this is not so.
What are these situations? These can be very different matches.
1. Situations in which a sports team has no motivation to win. When a victory does not fundamentally change anything for this team.
2. When equal teams meet, but one of them has more injured players.
3. When a team is demoralized by frequent losses.
4. When there are a number of factors that make it difficult for this team to win: playing against a strong team, playing away from home, problems with the coach.
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Can you write your own situations in which the outcome of the match becomes a little more predictable and this is not always recognized by the bookmaker?
You have already mentioned the obvious ones which gives an added advantage to the users for betting. This is a nice strategy I would say but you know that it doesn't work always. I have been using strategy at times and used to place my bet in the last few minutes of ending the match. While I won many times, I also lost few times when the match totally turned the opposite side in the last minute. I guess it was just my bad luck but otherwise it's a nice option to try out. |
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So if you keep choosing odds of 1.90 or lower with a 50% chance of winning, do you think you can win in the long run? This is like giving the house an edge of 10%, and that's too much to give, yet we are too confident in winning. Are we being realistic here, or are we just too confident in our skills that we believe we can win 60% of the time?
Are there any gamblers here which are betting with those kinds of odds that has already achieve a long term success?
Everyone has different targets and strategies in sports betting ,some people aim to get 2 odds or probably lower than that on a weekly or daily basis, the lower the odds the chances of it playing out is quite high but this doesn't guarantee a hundred percent successful outcome. I have played single games lower than 1.50 odds that turned out to be unsuccessful. Following this kind of strategy can be quite helpful but you can't always have winning streaks That's not the right way of portraying it because even if it the bet is having lower odds then it doesn't guarantee a win. The probability will still be 50-50 for the game. I have myself did this experiment once and placed all my bets on the ones with lower odds. I lost almost 8/10 bets which shows that it's not the lower odds that always wins. Also, luck is an important factor and we need to win our bets whether it be the one with lower odds or higher odds. |
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