I read what the betking guy said. He says if you find something wrong to make it public. You know I dont think he will say this of he eas unsure. He sounds honest to me. So I dont think its unfair sorry.
i agree, betking.io is a probably fair betting site. the admin is very approachable and honest, i think OP is just lose on the site that's why he is mocking on this thread, I saw his feedback and i found out that he always saying negative things about other gambling site. better avoid this thread i will voach for second demotion for this betking.io is quitely good and have a good statistics record upon their players and i could really say that they are running a legit operation since i don't experience any trouble upon playing at their site and i dont see any people shouting and posting some scam accusation and telling that they are get scam by betking.io, we can't really trust people statement easily if they are claiming that they've got compromised by some certain site since they need to show some strong proof and legit statement about the bad scheme happening regarding on the site they are reporting. That is true. I also vouch for betking.io - although I am not playing there because I am investing  It would defeat the purpose of investing if you will also play on the platform. In my case, I am earning good with my investment to betking.io and so far, I have no negative profit yet. But it is really unfair accusing them as scam in my opinion. |
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Trading is better than gambling because trading rely on skill so you can earn more and you can use it everyday, while gambling you rely on your luck and you won't be lucky everyday, and if you are not lucky in trading you don't lose all of your money
Trading will always be good for expert traders. They usually earn even the market goes up or down. However, for those newcomers in the game, it would be very hard but this is not to say that there is no hope - there will always a way to become a good and expert trader and that way is to learn, study, and trade regularly -you win or learn  |
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i dont think we will become rich with put high bet
if we not lucky enough we will get busted then lose our big money
you know that gambling is so risky whenever we can get losses
Better we dont put high bet or small bet just medium bet 0.001 - 0.01 bitcoin
The most effective way to become rich in gambling is when you start to treat gambling seriously. You should not bet a small amount of money as that is just a big waste of time, make sure you have the right bankroll that you can use throughout your gambling period. Do not just focus on one day. I actually tried my journey in sports betting and I set up like $1,000 dollars for the whole season of NBA 2015-2106. The outcome was not favorable but I will adjust in the current season. If we are talking about sports betting then there is the possibility to make good earnings but you will need to become really good at estimating the probabilities of a particular event happening and then trying to find the best possible odds according to your information. Nothing is really sure though. It doesn't mean that when you put high bets your chances of winning will improve. You will definitely get high earnings for high bets but you have to win first. And then there's the more probable chance of you losing. Regret in losing big is most of the time the reason for chasing losses and that means more time and money spent Of course, there’s not any guarantee but if you become really good at it you will see the opportunities and then you will take advantage of them as long as more of your bets go your way then you can become a successful sports bettor. I agree mate. The more knowledgeable and experienced you are at sports betting, the higher your chances of winning than losing. I mean, you will have losing bets but you will also have winning bets that will compensate previous losses. The more you get the hang of sports betting, the more you know what to do next. That's true, whether betting amount is higher or low every time one won't fail on every events. But second thing is very unlikely to compensate the losses. Only very few compensate losses with the winning, most others end in loss. That is true. Betting small or high amount of money doesn't really affect the outcome of the bet otherwise, you will only see all reds in the highrollers in all online casinos. The only difference I see is that, either you win or lose when you bet big, you will also profit or lose that big as well - that is the difference I see. |
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Do your research! if its a sports bet then use their statistics to determine what team is on advantage rather than just picking randomly without doing some searching. Most sports always have a site to access so you can see their rankings and eventually who's the most dominating the game.
I do agree on what you mentioned to research before choosing the winning team. But you should know that still, we need some luck to win our bets in sports as well because a nowadays lot of matches been fixed and you can't guess any winning team just based on their past performance. So it is always good to go with smaller bets to avoid bit losses in sports betting. I could not agree more MinerHQ. There will always be game fixing around sportsbetting and when we bet very high or do allin on that certain game, then we lose big which may affect our finances. It is better to bet small and steady so that the losses is not that big if ever we lose. Gambling is a risk afterall. |
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I think that you need to look into something that doesn't carry as much risk as trading to be honest. Trading altcoins can be really dangerous and the risks often outweigh the rewards. Perhaps try something risk free like arbitrage betting?
I am not sure if arbitrage betting is a risk free. In everything, there will always be risk. We encounter risk everyday n our lives. Even when we drive going to our destinations, there is a risk for accidents and other untoward incidents. It would be a matter of personal resolution to equip your self with the required amount of knowledge and skills to mitigate risk and you will be good to go.. You can do your research and I tell you in advance that it's risk free. However, the journey is not that easy for everyone to make money in arbitrage trading because you have to monitor the price of every exchange sites if possible and just take advantage of the price movement if you can. hmmn. It is really risk free? Sounds interesting. If it is really, it takes some skills and great amount of knowledge how to perform this. It is like driving a car, if you are the kind of defensive and responsible driver, the risk of getting an accident is very slim. Hmm.. interesting. will check it in my free time betting arbitrage As far as I can tell, arbitrage betting is still prone to a number of risks (provided we are talking about sports betting and arbitrage thereof). First of all, it is a systemic risk (i.e. risk which is not associated with any one individual) of a bookmaker going bust, getting hacked or just running away with the money. If these things happen all the time with Bitcoin exchanges and casinos, why do you think it will be different with sports bookmakers? Besides that, there are also smaller risks, for example, many, if not all, bookmakers have a clause in their terms and conditions according to which they can cancel the bet at any time if they think they made an error in their odds. In the case of arbitrage betting that outright leaves your other bet totally uncovered... What is bad, there is basically nothing that you can do to avoid such risks Thanks, that was really my point that there will always be a risk. although in this case the risk is minimal when in terms of winning or losing the game but the bigger risk is your money being stolen away from you. Hence, there is really risk free investment and gambling around - we just need to keep playing safe. |
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You can try bitcoin cloud mining, but unfortunately there are a lot of scam mining sites. Or you can invest through Blockchain in their first page ads. But for me, I only invest and save bitcoin and will sell after price more than $1000
Let me just rephrase that to "all of them are scam sites." Investing in cloud mining sites will only lead to loss. I don't recommend it. It will take a lot of time before you can get your ROI and surely they already have ran away even before you get your ROI. Investing and saving your bitcoins isn't a "steady" income at all. That's just waiting. It's like when you time deposit your money in the bank, just with higher profits. I think if you're looking for a steady income, you should actively do work and don't just put your money as an investment and then wait for it to grow. You're so right about the cloud mining sites but I don't understand you're trying to say when you said "put your money as an investment and then wait for it to grow". Does that mean you recommend investing through Blockchain as said by LegendOF45? Yeah cloud mining is not advisable. Investing is also not steady as you would have to wait for quite some time for your money to grow. If you're unlucky enough, you may not even get your investments back. All investments are risky but the risk can be minimized if you do proper homework before investing your money and its always good to diversify your investments instead of putting money at a single place and if you do a proper research before investing then you can make good profits in future. I'm sorry but no matter how much research you do, it will never change the fact that investment sites are scam sites. There might be some cloud mining sites that has been there for a while now, but you'll have to wait for a long time before you can start having little profits. And who knows, maybe they'll run away too just like all the other investment sites. You are correct there are some “investments” that are not worth any of your time and should be discard immediately, like HYIP and the like since it does not matter how much you research they are nothing but a scam. As an investor you should know in the first place what is good for you. You have to be very careful on choosing the investment you will do because you work hard to raise a capital for your investment and you just found out that you put in a scam. In investing we should not also be greedy, we have to learn that slow but consistent income is always better. In investing, we should also be realistic enough to accept that we might also lose on that investment - after all, the only sure thing that will happen in this world is that we are going to die sooner or later. Other than that, there is no really assurance in every investment that we do. Well, it is then up to us to mitigate these risks.. for investment should be approached very carefully. Do not try to hit the jackpot. On the contrary, it is better to get a small but steady income with minimal risk Low and steady is the name of the game for conservative investors. However, this is not really fun for high risk tolerant investors. At the end of the day, it would be depends on the person's appetite to risks. There is no two individual that are the same - even twins have differences. Hence, we should know by ourselves what is really our risk appetite. |
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Well, there is one safe method to gambling - betting arbitrage. Essentially you are taking advantage of the sportsbook's competitive prices and try to find another sportsbook which can generate you a profit whatever the result of your bet is. So basically, it's an either way win. But the opportunities rarely present themselves easily and the profit margins are quite low if you compare them to actual risky gambling.
No safe method of gambling. I agree to this. However, I also agree that there are methods, I say it again: "methods" many methods to mitigate loses and win more than losing. These are the methods being executed by professional gamblers. Of course, the process are quite complicated unless you are well knowledgeable and experienced already. There is no safe method but if you have the right method it is not impossible that you will win, as long as you know your purpose and you play your cards very well for sure you will succeed and will win in the long run. Just to be safe as well though you lose, you need to put a money you can afford to lose. That is correct. For professional gamblers, they have these calculated methods which mitigate the risks and give them a chance to become more luckier. However, they don't stick to that single method alone because they have many more methods in place. They just use certain method based on current streak - it is really complicated though. |
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Seriously, what would be the point if you are rich and you gamble. You can own a casino when you're rich. You don't need to gamble anymore and take a risk which carries a negative expected value. You would take a risk that has a positive expected value, which is why casino owners are somewhat richer than gamblers.
The answer to that mate is that they are entertained when they gamble - basic. Because this is the reason why casinos are being built in the first place. Rich people are entertained when they gamble using money that they can easily get back in their business and the like. That is the reason why they gamble and don't care owning casinos. But owning a casino is good decision instead of losing money there, I personally would like to run a casino if I were rich there than it will be nice to entertain himself with this way, but entertainment is only purpose behind gambling and that is main reason. If you are rich and you do business out of passion and leverage that business, I don't think so it is ideal to have your own casino business if all you want out of gambling is just for fun and entertainment. Unless you are really up to having your own casino and that is perfectly fine. But if your goal is to be entertained in few games, then you don't have to have your own casino. |
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Well that and investors of the site tend to earn the most.
how can you invest in a gambling site .will they be offering shares if you are willing to invest .how to make sure that your investment will be safe with the company i am investing in since these are all online companies . I dont think gambling will make you rich .it is known to break families rather than making them rich You just go to their website, create an account and find investment section in their platform. You then deposit bitcoins to the designated bitcoin address just for your investment or get it from your existing casino bankroll. It is really easy and fast to invest to these online casinos. Just be very vigilant though and only invest to reputable casinos online. Yeah seems pretty normal these days to see investment based sites. With moneypot being the hub for casino app you see more investment based sites. But in my opinion id go to a place that controls their own funds there is a few of them. I invested in different gambling sites and they are profitable actually, but the problem with me is I do not have the decent amount of money to put. I know the interest or the profit of our investment is not that big so it's best to invest a bigger amount for a decent profit. When you are investing, you don't necessarily go for big profits outright. You keep invested for a long term. That low profit will accumulate and become big soon like few years from now. Believe in the power of compounding. What it means is that, you invest your profit along with your investment regularly for a long period of time. |
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People find gambling so funny, because they hope to get rich with it!
but talking seriously only bookmakers and casinos are the only people that get a real advantage from gamble.
Some times a lucky one get a super jackpot.. but how many people lose before?
It will always be the casino that will gonna win at the end of the day because they have it set even before gamblers play. This is what we called house edge advantage. It is the reason why casino never goes broke and it thrives and even have many competitions in the market because this is a very profitable business. Of course, you cannot argue with that reality. Casinos are here to make money and they are everywhere online, it has been proven that we lose in the long run as we better prepare for that reality, we have to instill discipline in gambling so we will be able to enjoy it in the long run. Correct. for me, if you are just playing for fun and only use a money that you can afford to lose, you are good to go. There is really no need for much discipline because you will eventually stop once your aloted money is all gone or lose. The fact that you are there for entertainment, you don't set any rules and just play for fun and stop when it is no longer fun at all. |
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Join a site like Poloniex that has a low minimum trade (about 10,000 satoshi). Then use some faucets to get your starting money. Then experiment, only risking 10,000 satoshi at a time (it's like risking 1 cent). Once after you are confident that you know what you are doing, should you trade with larger amounts. It's no big deal if a trade goes wrong and you lose the equivalent of 1 cent - but it hurts if it is several hundred dollars. So make your mistakes with small amounts.
poloniex is one of the best place to trade betcoin and eth or bitcoin and litecoin. A newbie should find out the support and resistance level in any of the currency pairs he what to trade. The reason why poloniex is a good platform to trade is because they have the volume and the numbers of altcoins ready for trading. There is also a trollbox where you can ask questions to moderators - I suggest to only use this for support and not hear anything what others are saying because the are just trolling around |
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I can say I am at the average grade of managing money but my problem is the time management.
Money is just a thing so it can easily be manipulated. With time there is a problem it just keeps on moving. Just make a list of all your expenses monthly or weekly then jot it down try to calculate everything even to the smallest expense.
I agree with you mate that time is hard to manage especially if someone is dictating your time, like your superior or your boss. Money is also is not that easy to manage. Both of these needs some practice and proper application before you become the best manager of your time and money. It is definitely hard to manage at first but you can get the hang of it. |
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I think that you need to look into something that doesn't carry as much risk as trading to be honest. Trading altcoins can be really dangerous and the risks often outweigh the rewards. Perhaps try something risk free like arbitrage betting?
I am not sure if arbitrage betting is a risk free. In everything, there will always be risk. We encounter risk everyday n our lives. Even when we drive going to our destinations, there is a risk for accidents and other untoward incidents. It would be a matter of personal resolution to equip your self with the required amount of knowledge and skills to mitigate risk and you will be good to go.. You can do your research and I tell you in advance that it's risk free. However, the journey is not that easy for everyone to make money in arbitrage trading because you have to monitor the price of every exchange sites if possible and just take advantage of the price movement if you can. hmmn. It is really risk free? Sounds interesting. If it is really, it takes some skills and great amount of knowledge how to perform this. It is like driving a car, if you are the kind of defensive and responsible driver, the risk of getting an accident is very slim. Hmm.. interesting. will check it in my free time betting arbitrage |
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For conservative investors, holding bitcoin is really the best way to invest to bitcoin. Gambling is just way to risky to do
One way or another investing your bitcoin in a gambling site is kinda like gambling as well. Although you are getting profit constantly in long term however you may be suffering from huge win as well or the other risk is when your bitcoin is taken away by malicious operator, although a site is trusted it doesnt guarantee you 100% that the operator will stay as it is It's gambling I agree but it's good to have the advantage in investing compared to gambling alone since when you invest you play with the house and definitely you will make a good profit. You can be confident that in the long run you will still win despite how lucky your bettors are. Correct because the casino platform is programmed to win - that is what house edge advantage is for. Even if there are few lucky players, everything will be well compensated with other players as well. And when you keep invested, you will have higher chances of gaining bigger profits at the end of the day. However, only invest to reputable online casinos. |
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I would say do it first in a small amount. Let it be your starting capital for seeing how it is all done. You might get a little profit in it but the real reason for that is experience. With that, when you decide to take it to higher level then it wont be that hard for you.
That experience is a big thing and that will make you mature as a trader, you can start with small amount and if you will lose you will can still continue and what is more important is that you are getting the right lessons that would improve your skills as a trader. For us to be a successful trader, we need to take it slowly and the slow we grow it will be beneficial for us as our foundation in trading that would make us wiser. The lessons. Yeah that is right. Those should be taken and leave the bad experiences if ever there will be. Thinking positive in trading is the best way to make it profitable in the long run. There is a saying that I get to heard and read in trading industry that in every trade you make, you either win or learn. That is the most positive way to look at trading. If you lose, don't take it too personal and just find what you have learned out of that trade and never make that same mistake again in your next trade. That is the very positive way of thinking to avoid regrets. Well, the good thing is you will not lose much if you are really monitoring what you invested in. If you could see the flow and the losing side is there you could withdraw to avoid getting to zero. Always learn from your mistakes as nobody starts as perfect already, when you are a newbie you need to read a lot of books which can be seen in the internet, information is free nowadays so you have no excuse not to do your job. It's good to trade when you are confident as most of the time you are right. I agree to that mate. I usually allocate some of my time learning trading in YouTube tutorial videos. There are many of it online - just find videos that have many views and comment interactions - you don't want to learn from people that only claims they are good trader with hidden agenda of selling you something at the end of the video |
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I guess you can consider investing in gambling sites and expect profit for long term if they are trusted and sustainable for long period of time, but if gambling for long term profit a big NO. Gambling has always been considered a quick way of either winning or losing and also in large bets because one says I go all in or nothing . Yeah, investment is gambling is long term process to make some profit there, that's also form of gambling when take a look over the risks which are involve in investment too, so we can say this investment in gambling casino can be profitable in long run, but people don't want to wait for long time and want instant result for their money. Choose the best investment site that is reputable so you will continue to earn money from investing in gambling sites. Make sure as well that you will diversify your investment, you might not earn big time income but with consistent income you will accumulate a bigger profit. you mean, consistent investment. If you invest regularly, you will compensate your losing week if there are when you invest in online casinos. because there will really happens that someone gets very lucky and wins big and in so doing, as an investor to that casino, you will also incur negative profit in the process. But if you keep investing, the losses will easily be compensated. |
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i think bitcoin is much more good than gold because gold is much more stable and bitcoin increasing its price too much faster so buy bitcoin in big amount is very much good and profitable than gold .
that point is only good for traders whilst investor is actually seeking for the safest option because they dont want to risk their money for something uncertain even the risk was just small but risk is still a risk,and also having big amount of bitcoin will pumping your heartbeat because if the price were falling suddenly it's such a pain in the ass I love it when you write pain in the ass..hehe You are right mate, if you are not really a risk taker person, better to just invest your money and don't do trading. Trading is very stressful and if you are doing it right, you might end up losing a chunk of your money trading. There are many horror stories that they lost a big amount of bankroll - however, you can mitigate this if you learn trading just like professional traders. That's normal in trading, if you have the right skills and knowledge, you will certainly gonna make money, no doubt about it but trading is not just fro everyone since not all people have that good level of comprehension as trading is a game of numbers and prediction. I agree to that mate. Even me, it is already couple of months since I trading altcoins, I am still have losing trades while others are always happy in the trollbox because they have big profits. I agree that it is really a numbers game and if you just trade without having calculated trading plans, you will definitely not have big profits. |
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Seriously, what would be the point if you are rich and you gamble. You can own a casino when you're rich. You don't need to gamble anymore and take a risk which carries a negative expected value. You would take a risk that has a positive expected value, which is why casino owners are somewhat richer than gamblers.
The answer to that mate is that they are entertained when they gamble - basic. Because this is the reason why casinos are being built in the first place. Rich people are entertained when they gamble using money that they can easily get back in their business and the like. That is the reason why they gamble and don't care owning casinos. The main reason why casino is here is because they want to make profit and they will just give us the entertainment that we are looking. Therefore, we should understand that gambling is only good for entertainment if you want to get the real value of your money, betting for money is hard because our chances is low. I could not agree more to that mate. That is what supposed gamblers always bear in mind that we gamble because for entertainment and fun alone. When we lose big, more than we could have been, let us not blame casinos for being rigged because they are really designed to win because of the house edge. That is the fact that we need to accept. |
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Ive seen many as of late on bitvest and more and more seem to be joining.
Bitvest is online gambling service, right? So how can you tell that more girls are joining to play there? You certainly can't be sure about who is playing just by looking at nicknames of people. I recently learned that some semi-professional Poker players like to use female nicknames and avatar while plating online just get an edge over other players. It is proven that male poker players exhibit more risky behavior around female players. Exactly, you cannot tell or estimate the total number of girls playing in a certain site. We are in the anonymous work and gambling site do accept our bet without asking our identity or gender. You can only tell if you know a certain gamblers personally. Girls do gamble and that's the reality, but they are just a small number compared to men in my estimate as well. You are right. The number of girls who gambles compared to men is really that not big - factors to consider is that there are countries and cultures that prohibits women to gamble. But yes, it is true that there are women who gambles online. We can easily find them in online casino chatrooms - mostly are active are women to some of these online casinos. Women gamble with friends and most of them have no idea that gambling can be done in the internet. We as men are curious and we love to experiment and that means we are more wiser than them. We love to try different games to try our luck because we want to have shortcut in success. I would agree to this. Women really play with friends and it tends to be a big group of friends as each passing day. The reason is that these girls can be able to spread information like fire Based on experienced, as I am creating viral content in the web, it is always be girls that sparks and create the tidal wave of virility on the internet What women want is just to entertain in gambling and they only bet what they can afford to lose. Men, on the other hand are very ambitious in gambling and instead of doing it for fun they do gamble for money. Hence, more men are addicted compared to girls, and that is the reality. As a general rule, yes I could not refute to that. But there are exceptions to these - there are really women in ht high rollers of online casinos out there. They have more balls than real man. However, I agree that their number is quite a few only compared to men. Check primedice for instance, you will see a gambler name jennifer that lives in california something - she always on the high rollers. |
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I will use the 1 btc to buy myself a new nintendo 3ds, i think it costs 0.5 btc(current btc value) and the other 0.5 for cartridges like pokemon x and pokemon sun.
This is really a refreshing answer compared to others. Good job following what you want first and not just going with what others say. You gotta catch 'em all first! Before you have to get some more money! It's just the right attitude to life. You must be able to enjoy it now, rather than wait for that to be good in the future. It is always feels good just to enjoy life but I guess it is wise decision to at least invest for the future as well because life is not always having fun! There will always be up and down moments in life as what the song goes: what comes up must go down! At least when you invest for the future, you will have some fall back in down moments in your life.. just saying... Yes, in the constant pursuit of money is not necessary to forget about life's joys. We need to live happily. But do not forget to set aside for the futureп Correct.Life is not all about money. But let's face it we need money in order to exist in this lifetime. Hence, it is also ideal and wise to invest for the future so that when we grow old and can no longer work as we used to when we are just young, we can have steady money at our disposal whether for travel or for medicine maintenance. |
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