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. |
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The main idea to gambling of course for profits even tough I do enjoy process that required knowledge, skills and luck, it's fun.
We can't avoid losses in gambling so just bet what I can afford to lose and set some amount just for gambling and when it gone, I quit.
Your concept is good like play with some money which you can afford to lose and come out when you lose. But you understood reason for gambling wrongly because it is not made to bring profits to gamblers instead for gambling houses makes profits and gamblers will get some fun with playing different games. I agree with this that in the end it will always be the gambling casino sites that will profit because of the their house edge advantage. However, there are professional gamblers out there that really killing it - but that is because they have many systems in place that they execute. These are the pre-planned bets and have certain amount of target. if we can only make our self being controlled of our certain plan i think we can good as pro too but since greediness always chasing our minds that's the problem so better to play to fulfill your lust and not to aim big earnings its always turned in the other side though. Correct. If you let your emotions and green overpower to your gambling sessions, then you will have more chances of losing than winning. The reason is that, you get blinded to the fact that there is a house edge and it will eventually be at work against your winning streak.. A lot of gamblers, before they lose big, feels that they will always win and not lose. You will certainly lose when you do not have a game plan, you will only win even you lose if you play for fun and that is despite of the fact that you are spending but you are still getting the right entertainment you are looking. I love to gamble for fun and money at the same time but seems it's hard to do it, so now I just play for fun. I agree with you mate to only gamble for fun and entertainment, period. Unless we really want to be very serious and become a professional gambler - which I doubt, because most of us have each of our undertakings in getting some finances for the family like working for clients and doing business. |
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If you have discipline in gambling then it would be really profitable in the long term. But if you don't have discipline you'll just lose in the long term and that would not be good because you are already addicted in gambling. Only those who have discipline in gambling gets a profit.
what disipline you mean? are we must set a goal/target before we gamble and stop immediately when we reached that? or we must stop when we're lossing some of our money (not being greedy)? I think that's can't make sure too we'll always getting profit (remember house edge) Maybe he mean that thing but actually in real situation there's still no gaurantee that we can still earn if we beholf that mindset since it was still a game of chances, actually house edge is the main killer for the gamblers and it will kill the luck of the people if they started to win on those, so as my experience if we are on the gambling scene even if we do some scientific mindset of gambling still the chances for us to win is still on 50/50. Yeah, what discipline? It can't make you get long term profits. be profitable or loss are depends on how you play, what kind of game you choose, and your luck. Statistically, more people loss than who gets profits, but I know friend here who earn long term profits by doing sports betting. Yeah, you have more chances of winning profits with sports gambling. however, we should also always bear in mind that sportsbetting is still gambling and it has big risks as well. Hence, we should be realistic enough to accept the fact that we will lose some and win some. There is really no assurance after all. Play safe. |
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I don't gamble anymore. There's a lot of gambling strategies that can be found on the Internet but they don't work in the long run. You will eventually be bankrupt especially if you let it run 24/7. At first, you will get some profit. But not that much, so you would want to add some more in your baseBet. This would make you lose money even faster because raising your baseBet would mean that you can recover fewer number of loss.
You are right with it and good thing that you are able to stop your gambling addiction because it is very hard to fight with that addiction. And that is why I don't refer to any strategy anymore because I know that most of the strategies are just going to fall into losing in the end. Even though sometimes it gives me some profit. I believe that if you only stick to one strategy, then, you will surely lose in gambling because of the house edge. However, professional gamblers do have many strategies in them that they can use according to the losing or winning streak. I even know a professional gambler whose strategies is compiled in a form of books and he has a mini library in his home. |
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The current economic hardships have made people to look for shortcuts in making money. The only shortcut that I know that people prefer is gambling. The urge to quickly make money makes people to resort to gambling where their expectation is that at one time, they will hit a jackpot and be rich. This makes someone to be addicted knowing that he will eventually win.
What comes to mind when I see people making gambling as their way to speed up in getting money is like when you try to speed up your car going to your destination above the usual speed limit each person could have. What happens is that, the more you want to go fast and reach your destinations, the more chances that you get an accident along the way. |
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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.. |
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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. |
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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. |
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Aside from smoking, you also have less activities when you spent most of your time on the casino tables or on your desk gambling online. Hence, better to create that balance. If you really want to be a professional gambler, then set your daily schedule to play for 8 hours and have like 1-3 hours of physical workout.
Yeah because there is no healthy thing when you go to casino, I know person that is always on casino and after that he get a lung cancer because he is not a smoker but there are a lot of smokers in the casinos and now he didn't survive in his situation so he died.  The need to go to physical casinos is no longer trend now because we have online casinos, actually a couple of them that offers the same entertainment coupled with convenience given the fact that we can gamble even with our pajamas right at the comfort of our each home. But yes, even so that we are gambling at home, it is still not good because our lifestyle is sedentary. |
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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.. |
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I am not an expert in managing my money, but I always invest whenever I have enough funds. So I can pay for things I want and want to do. Also, I always try to use credit as to extend the time before I need to pay for anything.
I think people who already have a job and have a regular income and he is good in the management of money, I'm sure in a few years they will become rich, but together with you I'm not good at this Your status in life would not automatically determine that you are good in managing money and you will be rich. Even if you are a poor person you have to learn how to manage your money as you needed that more, for the rich if they will not manage their money properly, they might loss it. when poor in my opinion it's easier to manage money, because we would have to make savings. but when it became rich it is sometimes difficult to manage money. the best way to manage money is learn to live frugally. It primarily depend on use, poor people will have to manage their money as they do not have more money. They have to manage it for them to survive daily, their situation is very hard so they must be careful of dealing with their finances as needs is more important to them than wants. I agree with you it really depends on the capability of a person and you are right poor people would really need to manage their money well in able to survive . Prioritizing the needs would be the first thing rather than on wants. Good money management would really help you out to prolong on everyday basis not only on poor people but on all people but there are really advantages for those person do recieve ample amount of salary. I could not agree more to that mate. I also have some realization lately that regardless of the amount of money an individual could have in any given month, if that person really don't know how to manage his/her finances, it would be really hard to come out having enough money saved at the following month. |
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Gambling is risky game of money from which most people lose and just a few wins. Gambling too is addictive and fun especially when you're winning and that's why most people can't get away from gambling once they get in it.
In gambling you only win from the start then you lose whenever you win a certain amount.
Yes it may be a sickness because you want to get rich as much as you get not knowing that you will be poor sooner or later. What I mean isthe addiction if you are addicted then you cannot think properly. And its start to temptation in which you are curious on that matter trying to win big. well said its a sickness. if you put gambling in everyday in your life doing then your addicted to gambling. and addicted is a sickness. Yep and that's probably about the only way to put it, gambling is an addiction and an addiction is a sickness. Some would argue otherwise but i think that an addiction is a sickness. Agreed, I also think that addiction is an other name of sickness, basically gambling is only sickness for those people who become addicted. Otherwise if we play gambling normally than definitely, it never give us any problem but when we go deep in it and play continuously and can't control our greediness than it become sickness for us. But for me, gambling is a way of enjoyment. How can addiction and sickness lead to one thing. It is not like Smoking Cigarettes in which you get addicted to and get a high chance of having lung cancer. When you get addicted to gambling the worst thing that will happen to you is lose all your money and be in debt it does not lead you to any form of sickness, you will just end up being broke. Really? Do you think that gambling is not addiction or sickness? So why you are explaining in the next lines? But that is your opinion, and i respect it, but in my view, many time gambling sickness for us, when you get lose continuously , and can't win it than gambling became headache for you, Actually, sometime i feel really bad when i can't win, than i loss my patience, So i can say that, gambling should be consider sickness. Gambling in the first place is supposedly just for entertainment, period. You should only use money that you can really afford to lose and that amount can be easily get back by you in other form like in the profit from your business. Money that wont affect you emotionally when you lose - which you expect from the beginning even before you start playing. |
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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. |
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I saw many girls in casino but accompanied with their husband usually playing slot machine rather than card games. I observed mostly that they are quite emotional when they lose because they keep nagging about the machine being rigged or something .
I did not see any girl with her husband in any casino in my life time whenever i gone there. there are only those girls who are employed at these casinos and who are accompanied with their boyfriends and some singles are also there to get the entertainment of crowd with their other friends. maybe that girl don't want her husband know that she is playing gambling but as far as i know, my friends which is a girl and do gambling but fortunately she is single, and she is often to playing gambling and she win the games which reward is dogecoin. and the girls like to playing gambling in their room without anybody inside their room rather than go to the casino. That is right. Majority of the girls that are playing or gambling are in the online casinos. The reason is very simple - it is way more convenient and thye don't expose their selves to the public or to their friends that they gambles. There are certain cultural biases when it comes to women who gamble whether online or offline. |
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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. |
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Of course, winners and losers they have different personalities. There are losing gamblers that cannot accept that they lose and says there are cheaters in the house. There are those hard loser and influence others in a bad way. There are winning gamblers that stay positive throughout the game and share his blessing. Right now if I choose which I belong of the two maybe the loser one.
Based on my experiences, the one that wins a lot in gambling has a go lucky and cool personalities. They tend to be very easy to deal with and very fun! At least, that is my experiences to the people I know of that wins a lot in gambling.. They are just lucky people. However, most of them are have systems that they strictly follow though. |
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I appreciate the OPs honest post. He was smart enough to call it quits before he lost more. Was he trading altcoins? If so, a good lesson for everyone.
Holding bitcoin is the only "relatively" safe way to grow your investment. Wait for it to go up and sell. Wait for it to go down and buy. Its a waiting game and those with patience win.
No fast money in altcoins anymore unless you are on the inside of a scam or pump.
That is true. That is really the one thing that I hate a lot in trading cryptocurrencies - the pump and dump. Although, I am not really affected to it, but I was and so with the new comers in trading crypto currencies. Most of the victims here are the new ones and they easily lose a lot of their bankroll because of these pump and dump. |
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Well that and investors of the site tend to earn the most.
That is right that is why I always prefer to invest our capital for building our own casino and not on the playing gambling on different places as with gamble we do not have chance to earn each time but in having casino we will have chance to earn each time. Small issue is building your own casino that you control and that your not using some other site to processes the bets is not going to be cheap if you want it to look good. Some of these sites put in 10k-15k for development thats not including servers and ddos protection. You are right it is not in the hands of every person to start their own casino these are the millionaires who are starting their own casino and they are spending much of their money in starting these casino and then spend much of their money in promoting them. For me, if you don't have big capital to operate online casino and all these important marketing plans promoting it, I would highly suggest that you better go invest to reputable casinos that accepts third party investors to their platform - I will not promote any but they are quite popular here in the forum - better research on them first before investing. Money is what you need to start that kind of business, if you have a lot of money then you can start anytime as long as you have a good business plan. For sure you will be profitable as gambling industry is the most profitable business in the world I guess. That is true. The signature that we are wearing, for those that are into signature campaign, majority are from online casinos. These casinos are programmed to win but they never fails to entertain gamblers. That is the most basic duty of them, to give entertainment. Now, it is the problem of the gambler if he gambles in excess and losing it all. |
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Don't gamble if you want to make money. Gambling should be done for the sake of getting entertained. Winning or losing is part of the game and if you loose your cash, it is the price you have to pay.
If by any chance you wish to make money, I suggest you deposit money or lend to a casino and get interest from them. Other than this, any strategy to beat the house in the long term is doomed to fail.
Try investing your money in a different way like trading, lending, etc. Rather than gamble your bitcoin just to lose it all in the long run. It's not advisable to gamble not if you just want to be entertained by the games in casinos. That is correct! Gambling is not investing. Investing deals with calculated decision to reach your profit at the end of the day. In gambling, you can't easily control to reach your profit goal for the day unless you are very lucky enough and is a professional gambler. If you are just new to gambling, I would suggest that you just play for fun and entertainment and if it is no longer fun at all, better stop immediately! It's investing if you will put your money in the bankroll of a certain gambling sites that accepts investment but other than that it's a complete gambling where we will only make money when we are lucky and we have skills on what type of gambling we are focus. That is correct. Investing is only when you invest your money to these online casino that accepts investors to their gambling sites, period. If you however, gamble to that online casino, you are not investing and you are just gambling, period. Investing and gambling is not the same. The former may make you money at lower risk while the latter is very risky. |
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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. |
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