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2361  Economy / Gambling discussion / Re: I find way to win on dice on: October 06, 2022, 01:29:38 AM
The martingale strategy is where the gambler keeps increasing his bets to cover his losses until he wins, and the martingale strategy is a scam to make the gambler believe they can beat the house, i.e., get a positive expected profit.

take for example, a double or nothing game where the chance of winning is 45%. The gambler bets $1, and loses the first time. So the gambler bets $2, and loses a second time. So the gambler bets $4, and wins a third time. That's a $7 payout and an $8 payout. The gambler has a positive profit of $1.

The gambler may believe that he cannot lose with the martingale strategy because there is always a positive chance of winning, so he will win in the end.
in every game in the casino, your expected profit is negative. (That's quite understandable since casinos need revenue to stay in business.) No limited strategy can make it positive.
And what is wrong with the gambler's argument that he must always win, neither he nor the house has unlimited resources.

The Martingale strategy is worse than worthless. Grin
2362  Bitcoin / Bitcoin Discussion / Re: Is BEAR Market In Stock Market Like Cryptocurrency Market? on: October 04, 2022, 05:42:46 PM
obviously the two are very different.
If the stock market loses 50% people will sell their homes to recover the losses. But if the cryptocurrency market goes down 50% people will sell their house to buy bitcoin or some crypto which they think is very profitable in the future.
and the cryptocurrency market differs from the stock market in that it is much less regulated, whereas there are no rules or regulations governing how it works, which means that anyone can buy and sell cryptocurrencies as they please.
it also means that the cryptocurrency market is much more volatile than the stock market because prices can go up and down very quickly, and this is the beauty that investors especially whales can take advantage of.
2363  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: October 04, 2022, 05:13:09 PM
It was too easy for Bayern Munich to beat Viktoria Plzen, and the game had only been 25 minutes. Bayern Munich have scored 3 goals and these goals came from Leroy Sane in the 7th minute, Serge Gnabry in the 13th minute and Sadio Mane in the 21st minute.
it will be a goal feast for Bayern Munich, and Marseille vs Sporting CP 0-1 quick goal from Francisco Trincao in the 1st minute.
2364  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Trustwallet Safe? on: October 04, 2022, 02:17:13 PM
As far as security features are concerned, of course, I think Trustwallet provides adequate security measures to ensure protection similar to that of any hardware wallet.
and Trustwallet keeps user funds safe by performing regular audits, the app also monitors several other security measures such as pin code scanning and fingerprint scanning to add an extra layer of security. And those steps can be manually activated by users as per their business requirements.
and all depends on what you are basically looking for and your needs and preferences, and some people may prefer Trust Wallet, and some may prefer MetaMask, it depends on preference.
and so far there is no official news if the entire Trustwallet platform is hacked, maybe the device they are using has been hacked. And for MetaMask not easy at all, MetaMask has a lot of security features that make it quite safe.
2365  Economy / Gambling discussion / Re: Will you change your mind on gambling ? on: October 04, 2022, 01:04:27 PM
A new government came into power, and enacted a law that nobody should gamble anymore in the country i.e gambling becomes illegal. Will you just behave yourself and abide to this new law that is depriving you from having fun as a good citizen ? or will you ignore the law and keep on gambling since there are online casinos that you can gamble secretly with your mobile phones with out no one knowing ?
I'll abide to the law, once caught that's even more traumatizing if you can't bail on that particular offense or worst if nothing to be bailed like money problem. I just continue on it online as long as it's available, there are many more ways to gamble online than the traditional setting of gambling.
Obeying the law is indeed a very safe choice what else for them and like me who is married will think a thousand times to do it because of family, and as long as online gambling can still be used why not.
and online gambling is more comfortable and safe and also without having to leave the house, and even though it is prohibited there are still many ways to still be able to use it.
2366  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: October 03, 2022, 04:47:02 AM
We still have a game between Leicester City vs Nottingham Forest, and the two teams at the bottom of the table will play later.
and Leicester City host Nottingham Forest at the King Power Stadium, and a bad start to the season for Leicester City as they are winless this season, losing six and drawing one of their seven games so far. And also lost 6-2 to Tottenham in their last game.
while Nottingham Forest are above it after Leicester City are bottom of the table, and Nottingham Forest are on a four-game losing streak and haven't won since a 1-0 win over West Ham.
Nottingham Forest is not an easy opponent for Leicester City and also both have poor defense, but victory must be won by Leicester City to move from the bottom of the table.
2367  Other / Off-topic / Re: R.I.P Asian Football World : Indonesia on: October 03, 2022, 04:14:29 AM
I believe someone instigated the fans into running to the field that triggers the police to use illegal means. It is easier to manipulate fans when they are high of emotion and disappointment.

I feel sorry to these innocent victim but is angered by the thought that someone had sparked that commotion.  I hope those policemen who used illegal means get punished and the people who instigated the fans be caught.  I hate it when someone plays with the emotions of fans that often times resulted into mass confusion, stampede and death. 
Investigations are still ongoing and it will take a long time to find out who is behind all of this. In addition to taking a long time in the investigation process by the authorities, the difficulties where the number of spectators exceeds the capacity has burdened the stadium management, including ticket sales, which are sold out but illegal spectators arrive.

Can't blame what's right and what's wrong. However after this incident, the impact will definitely be bad on the world of Indonesian sports in the next few years.
The use of tear gas and crowd control that was not in accordance with the procedure caused many casualties, and the use of tear gas that was not in accordance with the crowd control procedure resulted in fans in the stands jostling to get out. choking, shortness of breath, fainting and colliding which resulted in many fatalities.
and also exacerbated by the excess capacity of the stadium, Indonesia always violates the rules in any case and this incident must be dealt with firmly so that it does not happen again, it seems that this tragedy involves many parties who are currently still under investigation.
2368  Alternate cryptocurrencies / Altcoin Discussion / Re: What is a testnet? on: October 03, 2022, 03:04:38 AM
Testnets can show some kind of working prototype for a blockchain project and be used by developers for testing, and this is the network that is used before launching the project to test all functionality.
or a trial network to check performance and to see how people use it, when a new network is formulated. Then and when it became popular and liked by most people, it became permanent and then, Mainnet.
2369  Bitcoin / Bitcoin Discussion / Re: Is Bear Market More Important Than the Bull Market? on: October 03, 2022, 02:39:09 AM
Both have a good role and function for us if we do it at the right time because we can only take advantage of bulls and bears to take advantage.
Investing is about taking advantage of fear and greed, and we like to buy when there is fear. In other words, when the market is down, we love being buyers.
and when the market goes up we love to be sellers, the main thing to understand in investing is that we move almost exactly the opposite of how most people move in the market.
2370  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: October 03, 2022, 01:02:53 AM
Arsenal are still maintaining their lead in the standings but this might not last too long as well. Because their next league game is going to be against Liverpool. Even though it is in Emirates it is still a tough game for them. Liverpool are still dealing with defensive issues and we saw how serious it was in the Brighton game. Arsenal are even a tougher opponent.

Looking at the head-to-head games, Liverpool have been superior to them in this stadium in league games. However this time is much different than those because of the recent problems. Arsenal are a very effective offense team now. The best betting option would be both teams to score @1.54.
It will be a tough game to predict and if you look at it from a head-to-head perspective, Liverpool have the upper hand. But if you look at the game, this season the situation is reversed because Arsenal's game is very good and also very aggressive in terms of attack and emphasis.
Liverpool's performance is still not good, especially in defense because the opponent easily breaks through his defense and produces goals, but we don't know in Liverpool's match against Arsenal later. And it will definitely be a very interesting game, and I hope Arsenal can maintain their position at the top of the table.
2371  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: October 01, 2022, 04:09:56 PM
Crazy day in the EPL today... Already early in the game Brighton beat Liverpool 0-1 away and Chelsea lose to Crystal Palace... Of course the matches have just started, but these are already very interesting results... I think that by the end of the games the score should be different, but I didn't expect at least from Liverpool such game... It's also a shame that Fulham got a red card in the first half and Newcastle were able to score the first goal... Before the match I thought the hosts would win...

It is currently tied in two games.  Liverpool scored two goals with Firmino.  Brighton won two goals with Trossard.  It's going 2-2 right now and Liverpool is the team that puts more pressure.  Chelsea has a score of 1-1 in the match.  Aubameyang's goal brought Chelsea a draw and Chelsea will work hard to reach the goal in the remaining minutes.  Newcastle United scored the 4th goal and smashed Fulham.
Liverpool's Firminho scored 2 goals. He is no doubt a good player, we can expect two goals from him. And he has many talents. However, Trossard of Liverpool's opponent scored 3 goals alone to equalize the team. That surprised me today. Scoring 3 goals alone against Liverpool is a huge achievement.
It was incredible that Trossard had scored 3 goals alone and Danny Welbeck only had chances but couldn't score.
Liverpool failed to fill the 5th position of the standings while Brighton thwarted it through the 3rd goal from Trossard in the 83rd minute. and in the end it was Chelsea who filled the 5th position and got full points with a score of 1-2 against Crystal Palace.
2372  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: October 01, 2022, 02:30:02 PM
I don't understand Liverpool's situation at the moment because their form seems to be missing, does losing Sadio Mane affect it?
the match in the first half and still in the 25th minute Liverpool had already conceded 0-2 by Brighton and what I saw was Liverpool's defense was very weak and Brighton played very well.
Unlike the consistent Manchester City, moreover the presence of Haaland made Manchester City stronger.

and Crystal Palace also took a 1-0 lead against Chelsea in the still-running first half.
2373  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: October 01, 2022, 01:42:00 PM
Finally Tottenham can be conquered too, and Arsenal are confirmed to still be at the top of the EPL standings this week, Asenal also became the first team to beat Antonio Conte's Tottenham in the EPL this season with a score of 3-1, Arteta is extraordinary because he can turn Arsenal into a team which is great which I think is great overall.
Arteta will set an example for other clubs not to take quick action or immediately sack the coach when his team is in the poor form we all know Arsenal last season. Grin
2374  Economy / Gambling discussion / Re: Woman Abandons 4-year-old Child In Gambling Shop As Collateral After Huge Losses on: October 01, 2022, 12:58:22 PM
People who are addicted to gambling have done crazy things as a result of their addiction. Nonetheless, I never imagined reading a story as unbelievable as this. It is the story of a woman who abandons her 4-year-old child after using him as collateral and sustaining huge losses. Firstly, I am shocked because it is the male gender who have been known to go to any lengths to satisfy their gambling addiction.  In addition, I wonder what would have moved the woman in this case to do this kind of thing. My assessment is that this is simply a case of irresponsible parenting and problem gambling. How do you think about this?

Quote
A woman has reportedly abandoned her 4-year-old son in a lottery shop in Enugu after incurring huge losses in gambling. The incident Sahara Reporters gathered happened at Moore House Street, Ogui in the state capital on Thursday. Residents of the area said the woman left her son in the Lotto shop after she incurred a huge loss she couldn’t offset. The little boy was later taken to Ogui police station when the wait for his mother was becoming endless. A police officer who confirmed the incident to SaharaReporters on Friday narrated how a little child was brought to the station by some persons who claimed his mother used him as collateral to play lotto.

Source: https://saharareporters.com/2022/09/30/nigerian-woman-abandons-4-year-old-child-gambling-shop-collateral-after-huge-losses
This is a very sad story and most cases of female addicts are beyond common sense, such as the case of a female addict who went to a casino and left her child in a locked car and died.
In cases like this, the security forces must act decisively to provide a deterrent effect so that similar cases do not happen again. Children are a gift from God that must be taken care of and raised properly, not to be involved or sacrificed only for the interests or satisfaction of parents and children who are victims. And I am very emotional to hear it because they seem to have no affection and love for their child.
2375  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: October 01, 2022, 12:31:17 PM
A very tense match between Arsenal vs Tottenham in the first half, especially Arsenal played very aggressively in terms of attack and emphasis.
Harry Kane's penalty in the 31st minute looked unacceptable to Arsenal and they tried to keep pressing and attacking and also to dominate the game. And the current score is 1-1 in the first half, and it looks like in the second half the match will be more interesting because both want to get full points to be at the top of the standings.
2376  Alternate cryptocurrencies / Altcoin Discussion / Re: Which coin should I invest in other than bitcoin? on: September 30, 2022, 05:39:17 PM
In which coin should I invest money other than bitcoin? Because bitcoin has been the most profitable And what will be the future of the other coin, will it increase or not, then you guys can tell. Thanks in advance
Okay I will recommend or choose.

Bitcoin - BTC

Ethereum - ETH

Binance - BNB

Litecoin - LTC

Solana - Sol

They may not give you 10x but they are safer than others, in the crypto world we need to have safer investments that can provide good returns especially in the long run.
2377  Economy / Gambling discussion / Re: ⚽UEFA Champions League Discussion Thread -- 2022/23 | Group Stage on: September 30, 2022, 07:53:31 AM
Already last call for Juventus, if they don't win they will almost be out of the Champions.

Well, if Juventus can't beat Maccabi Haifa, or just get a draw, that's a very bad sign.
We will be facing Juventus, just like Barcelona from last season. But I think they will manage to win.


these two teams have the same fate and are yet to taste victory in the Champions League this season, and the Juventus vs Maccabi Haifa match will be played at the Juventus stadium
Stadium in Turin Italy.
Juventus will be the favourites, besides juventus playing at home these two teams met in the 2009 Champions League in two matches which Juventus always won 1-0. And I believe Juventus will win this match.
2378  Bitcoin / Bitcoin Discussion / Re: Bitcoins future is Bright on: September 30, 2022, 03:48:34 AM
Although we do not know the truth, if we look at the news of the development of bitcoin in the world so far. See how bitcoin policy is happening in several countries, which I think will be many other policies that will continue to develop and also continue until we find out for ourselves, how bright bitcoin is in the future.
and another reason bitcoin users or investors continue to grow and develop from generation to generation, because they realize that many benefits are good for them and what is mentioned is clear evidence that bitcoin will be brighter in the future.
2379  Alternate cryptocurrencies / Altcoin Discussion / Re: determine a good project on: September 30, 2022, 03:08:55 AM
I completely agree with you, the bear market shows which projects will survive and which will disappear. It requires a strong team, a fundamental idea, and a close-knit community that believes in the project.
Now we are in a deep bear market, and I have chosen the fundamental Amulet Protocol project for myself.
It is a decentralized risk protection protocol for the Rust-based ecosystem initially deployed on Solana.
I am convinced that Amulet Protocol has a future because you cannot build a long-lasting profitable project without risk insurance.


Thank you for shilling your project, but we currently have dozens of potential top projects and their prices are heavily discounted suitable for buy so we don't need to add any new projects here. During a bear market, investing in a new project is a bad idea and it would be unwise to develop a new project during bear season. The bear market doesn't have much hype, it's mostly a scam so most investors will be very restrained and timid when it comes to putting their money in. Even the king of the bitcoin market is still facing a severe downturn, influenced by the macroeconomic situation, so it is not wise to invest in a new project at this time.

True that. New projects will be an unwise thing to do whereas in the bear market the prices of the best projects we have seen in the bull market have all plunged as well. So why invest in new projects that may not even be listed on exchanges when there are great projects already at a discounted price?

Just pick the top 10-20 coins you see in the CMC or better yet get BTC alone.


A bear market is a great time to invest in a project because the price is low, and the opportunity to make a profit is high. And this is because it is easier to buy when prices are low, and the growth potential is higher when the market returns to bullruns.
but doing analysis and research is something every savvy investor should do as many new projects may not necessarily develop when the market recovers, and if the old and top projects are definitely promising because they have previous footprints, why choose new projects which have no previous footprint and although it looks promising. That's not a guarantee to stay involved as most new projects end up unprofitable and even end up being scams.
2380  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: September 29, 2022, 05:47:48 PM
I still doubt that Chelsea will be able to get closer to Manchester City in the future. The squad is not bad, but when you watch them playing it often looks like something is missing.
Of course it's difficult to compete with Manchester city even though Chelsea actually failed Manchester City in the Champions League final 2 last season. I haven't seen him doing well this season, so without any meaningful changes Chelsea won't be able to compete with Manchester City.

Something that is missing is their form, that's very clear because Chelsea's form has not been good since the start of the season. Regarding the political issue you talked about earlier, I don't really know whether it can be justified or not. But only a possibility that should not be believed.

It will be difficult if Chelsea can compete with Manchester City at the top of the table this season, and even if Chelsea can get back to their best, they will not be able to come close to Manchester City.
The strong reason is the large points difference will not be able to compete, even though both wins continue in every game Chelsea will not be able to catch up, unless Manchester City fail or lose in the next few matches. But that is not possible because Manchester City are a strong team and also feared by other teams and always produce positive results in every game plus Erling Haaland who always scores goals.
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