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241  Other / Off-topic / Re: The real winning of gambling is withdrawals on: July 16, 2024, 09:49:07 AM
~snip~
In gambling, I don’t like it when people go through the negative path because one thing I know about gambling is that, nothing is certain and anyone can win just as anyone can also make losses because in the world gambling, nothing is certain or guaranteed as all we do is nothing but predictions and even fixed games can also not come through at times maybe from a slightest mistake.

Everyone with their mentality and just as our faces are different, so are our level of assimilations and we don’t have to blame anyone for  what they choose to believe at any point in time and the ability to make withdrawals is paramount and it take actual commitment to be able to withdrawals.

True, anyone can win and anyone can lose, there's no difference in who's playing, the odds are the same.

But, there is a difference in terms of expected return. If a gambler continues gambling multiple times, it is more probable that they will lose money compared to someone that only gambled once (or never gambled).

This is because the expected return is negative, so for every time you gamble, the closer the probability of the gambler to lose it all.

This is just math, a small number, say, 0.1, multiplied by itself is even lower: 0.1 * 0.1 = 0.01
242  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: July 16, 2024, 09:44:02 AM
~snip~
Prediction can make anyone a winner or loser. But yes if we analyze the prediction, check previous history, recent history, recent player change, and other internal as well as external history then it might be helpful to make a decision on who/which team will be the winner. Otherwise, there will be no benefit of the prediction.

Predicting something comes with uncertainty, of course.

The problem is that humans are very bad at estimating these things, and usually just believe what someone says because they were lucky in the past.

Once someone has a "reputation" of getting things right, most people will always perceive them as such, even though the math tells them otherwise in the new predictions.
243  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: July 16, 2024, 09:41:40 AM
~snip~
Argentina, for me can easily be one of the early favourites on this event. Whereas, Brazil may be falling behind on this aspect but they are still considered to be one of the strong contenders. It is still interesting how they will perform inside the arena as there are still a lot of things that can happen. France, England, and Germany are also top teams to look out for.

Take note that this event is still about couple of years away, so definitely, there are so many things that can happen in between : injuries of those players involved, lineup, their dynamics and all, coaching, strategies developed...

Brazil may not be showing their best foot forward these days, but they still have time to rectify this situation. After all, they are considered to be one of the best on this sports.

Yeah, that's the thing. Brazil is still one of the best teams in history.

Just because they lose a game or two recently it doesn't mean that they are a bad team.

People simply got used to them winning every single game almost. I mean, they qualified to the previous world cup without losing a single game...
244  Economy / Gambling discussion / Re: Have you achieved anything from gambling on: July 15, 2024, 08:14:24 AM
Gambling is game of luck and personal interest, and participating in gambling two things is directly involved on it, it's neither you loss or you profit in gambling, so whoever that is involved himself into gambling might profit in gambling or eat neither lose because gambling is not assurance something or a skinful stuff that you will apply a direct wisdom and the merit it, so I believe that gambling house to do with opportunity and you can achieve in gambling when luck is on your side and it doesn't necessarily mean that as a new gambler you most achieve in gambling.

The thing is that as you say gambling is just luck, there's no skill to apply in gambling.

Maybe in some very few cases, like specific matches where you know something that the casino doesn't, or something like that...

But in the end those events are not that common and that means that you can't use them to make money constantly.
245  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: July 15, 2024, 08:12:21 AM
~snip~
To start with, reading through their bs and reviews you'd think otherwise, the demand for fees makes it genuinely acceptable and increases the tendency of giving it a shot. Their advantageous scheme showing why the fees are needed also puts naive players on the rush to pay for it. At least to gain those wins which never came after multiple efforts to analyze games themselves, they wouldn't think twice to trust an expert who gives out a truck load of false winning promises, more than the actual wins. There is no possible method to get around this, players, expert or not, must lose in gambling. Those promises are just as false as it may seem, but these naive players hardly accept this truth.

The thing is that if someone is charging you a fee for their prediction, it meas they don't really know about what's going to happen.

If you think about it, if these so-called experts were able to predict the future, they wouldn't need to sell any service, they would be rich just by doing what they predict.

But the reality is that no one can predict the future, and the only ones making money consistently are the ones charging the fees.
246  Other / Off-topic / Re: Rich or poor gambler, who should risk more? on: July 15, 2024, 08:09:44 AM
~snip~
If you know when to stop and control emotions then it is highly possible to make money from gambling though there is still a risk of losing funds. At the same time it is true that there is no limit of the fund how much you will invest on gambling all the funds might be loss on gambling.

That's actually the key to be a successful human being, in every aspect.

If you know when to stop and change your behavior then you most probably will end up with a better outcome overall.

This is also true in gambling as you mention, as most people that end up in financial ruin are the ones that can't do that basically.
247  Economy / Gambling discussion / Re: Bitcoin betting on the 2024 US Presidential Election - Biden ... or ... ? on: July 15, 2024, 08:08:01 AM
@noormcs5. He is a very lucky man. If he has moved his head only 1 centimeter to the right side, the bullet would have certainly entered his brain. Also for Trump and the Republicans, this is certainly not a sad news hehehehe. This is where they use this occurrence to win the election.

Trump is predicted to be a 70% certainty to win on November.

https://polymarket.com/event/presidential-election-winner-2024/will-donald-trump-win-the-2024-us-presidential-election?tid=1721010127046

This is certainly very headshaking for the Democrats. He cannot be imprisoned and he also cannot be killed hehehehe. I am not implying it was the Democrats who ordered the assasination, however.

I think this attempted assassination of Trump basically made him the next president of the US.

It just fits so well with his persona that it is a bit crazy, almost like it was all set up, but of course it wasn't.

It's just so crazy to see these types of events unfolding in real time.

I think most people wanted to hear what Trump had to say than the current president of the US.
248  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: July 15, 2024, 08:05:48 AM
~snip~
Brazil no doubt is bless with so many talented players but there is always a problem when talent is raw and not nuture and directed to the area of specification it would be like chaos as we have seen in this Brazil team, they find it difficult to play together and this is what the coach would have tackled because football isn't a man sport but men and so playing as a team would definitely up their games especially those youngster who feel they have already made it.

Of course Brazil is one of the best, but we have to remember that teams like Argentina are always also a favorite, and they are in the top of their game, recently winning the Copa America and the last World Cup.

Brazil is not at 100% these days, but still it is one of the best teams on Earth. We will see an incredibly entertainment world cup.

I can't wait to see them compete, and see how well this new number of teams ends up being.
249  Economy / Gambling discussion / Re: Have you achieved anything from gambling on: July 11, 2024, 08:55:51 AM
We can define gambling achievement using many indications which are going to be what we are going to consider before concluding whether gambling is profitable or not, we have to first see the way gambling is to us, how are we gambling and what type of a gambler are we, if what we are running after with gambling is achievable, then we may say that we are making it through with gambling and it's profitable to us because it meet our need, satisfaction and desire.

At the end of the day the main indicator that someone is winning is basically the amount of money they have.

If they pay more than what they get paid from the casino, then they are not doing it that great.

If someone walks off a casino with more money than what they went it, that's a win.

And if someone in their entire life has spent less than what the casino has given to them, then that's the real winner, which are very few in the world.
250  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: July 11, 2024, 08:53:47 AM
~snip~
Basically Brazil team is losing with any team now, their performance is so poor that they are very likely to miss the FIFA World Cup qualifiers this time. Because the five-time World Cup winning Brazil team is now so weak that it has never been eliminated from any World Cup in the past, but is likely to be eliminated in this World Cup. 

Because despite their reputation in the past, they are now performing so shamelessly and fans are getting angry at them. The Brazil team is weakened by the absence of key star Neymar. However, if Neymar returns to this World Cup, then the Brazilian team will definitely be able to perform strongly.

Brazil in the Copa America is undefeated. They are on second place at Group D, with two draws and one win.

I think people just like to hate Brazil, but in reality, they are one of the best teams around.

Brazil will clearly qualify for the world cup, and maybe it will end up winning it again, as they have done for 5 times already, the best record in the world.
251  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: July 11, 2024, 08:50:32 AM
~snip~
Yes, that's very correct. I was telling someone that professionalism is not applicable to making predictions because if it were possible that there were some group of professionals that could accurately make correct predictions all the time, then lots of people would be millionaires or billionaires in gambling because they would invest greatly in the hands of professional prediction makers so that they could win all their bets and make more money, but unfortunately, there is no professional gambler that can make accurate predictions all the time.

Being professional only means that you are getting paid to do something.

You can clearly convince people to pay you for making predictions.

The financial industry is full of people selling predictions in many ways.

They get paid for the prediction, independent if the prediction is right or wrong. That's why it's such a lucrative industry.
252  Other / Off-topic / Re: When you are not to gamble. on: July 11, 2024, 08:48:55 AM
~snip~
Yes, eliminating dissatisfaction or greed can be a reasonable solution to support satisfaction and make it easier for a gambler to make the decision to stop at the right time, everything that is done is always not good, especially if the action is implemented in gambling which is full of risk. .

In gambling I am sure that most gamblers know that the real win is when they stop at the right time, this also applies in losing situations, but the problem is that it is always difficult to put it into practice, meaning there is something that must first be corrected, you can So it's because they still have an excessive interest in winning which indirectly makes it difficult for them to stop in two situations, namely winning and losing.

Another thing, I think the point is that if someone doesn't want to have difficulty in making the decision to stop in any situation, namely from the start they must have a neutral point of view towards the activity by understanding the opportunities and being aware of the risks, it will not be difficult for a gambler to make rational decisions in any situation when they are aware of the risks.

Greed will always be with us, forever.

I think it is one of the key aspects of humanity. That's partly why we are still here I guess, if people were happy with what they had maybe they would have just stayed and never conquered the entire world.

It is hard to stop once you start gambling though, that's the main problem.
253  Bitcoin / Bitcoin Discussion / Re: Bolivia lifts 10-year old ban on Bitcoin on: July 11, 2024, 08:47:05 AM
~snip~
Nah, not crazy because it is stated on their law that dealing with cryptos are not legal. Everyone must be restricted with it but even if not, banks are already allergically default to cryptos and there is no need for their governments to dictate them about it.

There are still plenty of third world countries who accept cryptos. They know that they will be needing it to help them excel in the competition. The battle for human rights are now long gone but there might still be some law which can somehow step in the humans rights. Well, we can't do much about it but obey it, or else we will be in trouble and we can only wish that the governments will change their minds someday.

The thing is that if Bitcoin gets to a point in which it is large enough, then most central banks will be very afraid of it.

They did a review of Bitcoin about a decade ago or so and they acknowledged the danger, officially, but mentioned that it is still very low in terms of the global economy.

Since then Bitcoin has kept growing, so I guess they are starting to be a bit more anxious in the central banks all around the world.
254  Economy / Gambling discussion / Re: Double your money and quite on: July 10, 2024, 12:05:35 PM
~snip~
That's why those people are called addicted gamblers, right? They can't quit even after they doubled their money or tripled it. It goes like this for them: if they are losing, they start chasing their losses; if they are winning, they start thinking it's their lucky day and so they should continue gambling. I wouldn't say they always lose with that attitude, but it would be right to say that they lose most of the time.

Overall, I think "double your money and quit" is a good strategy for recreational gambling, as long as you don't risk more money than you can afford to lose.

Yeah, you are spot on.

If you keep playing you will eventually run out of money, it's that simple.

And most gamblers will basically do just that, even if they managed to win more than what they bet, they will continue to bet that until they lost it all.
255  Other / Off-topic / Re: When you are not to gamble. on: July 10, 2024, 12:04:22 PM
If there's no money then gambling will not take place, we will have to always fund our gambling account in other to enjoy being active on it, when we are not gambling, then we should try as much as possible to invest on our time, this is what we will have to do on constructive and quality things deserving for our time, we are also not to gamble when we are not feeling alright or in the right position for gambling, because there may not be an excitement on it when we are gambling because of the conditions involved, we should always care about the excitement in it.

If you really think about it, the best way to make money is to invest your energy, money and time into something that is useful to other people.

They will be happy to pay you if you provide something useful to them.

But if you gamble, you are not generating anything useful. It's the casino generating something useful to the gamblers, so they are the ones that get to keep the money.
256  Economy / Gambling discussion / Re: Can Anyone +18 Play Gamble? on: July 10, 2024, 12:02:37 PM
Today boys and girls below 18 years are spending more time in gambling instead of studying. One of the reasons behind children under 18 becoming addicted to gambling is gambling advertisements on various social media. Mobile phone users are generally boys and girls under 18 years of age who are more in proportion to the number because they get addicted to gambling at a very young age by seeing cheap online gambling ads and attractive advertisements. Although gambling sites mention that boys and girls below 18 years of age cannot enter gambling but how many people follow this policy. Today, millions of children are addicted to gambling regardless of age. This addiction is so rampant that the Guardian, government circles, and civil society are unable to prevent it despite creating hundreds of awareness reports.

If that's true then I think that's a really bad thing.

Because when you are growing up your brain is still adapting and making sense of the world.

If you think you can make a living from gambling in casinos you are going to have a bad time.

Maybe the youtubers telling that story will get paid, by ads, but not the gamblers.
257  Economy / Gambling discussion / Re: Have you achieved anything from gambling on: July 10, 2024, 12:00:21 PM
~snip~
i don't know, I think most of the people who gamble do it in the hope of making money but usually the best way is to approach things in a state of dettachment from the outcome
so you can be happy with whatever happens
desiring too much sometimes makes things run away from us

Yeah, making money is the main driver for most things in society really.

Gambling is just the distilled version of it, basically just making money, or the illusion of it really.

There's nothing much other than that promise really when gambling, and that's enough for most people.
258  Bitcoin / Bitcoin Discussion / Re: Bolivia lifts 10-year old ban on Bitcoin on: July 10, 2024, 11:58:44 AM
~snip~
Perhaps they realized bitcoin’s potential.

It is becoming more and more common now and more countries are adopting bitcoin so they must have felt they were being left behind lol

This shall be considered as baby steps and hopefully only the first of many. Soon after unbanning bitcoin should be support for it but, we’ll take what we can and be happy for bitcoin enthusiasts who live in Bolivia.

Yeah, I think so.

Maybe they first weren't very aware of what it was and what were the consequences, but after a decade they could see that there was no negative of allowing normal transactions.

Good for them for realizing that and acting upon that information.
259  Economy / Gambling discussion / Re: Double your money and quite on: July 09, 2024, 12:36:04 PM
~snip~
I think that if you don't take risk while gambling then you can't win in gambling. But if you take extra risk then chances of losing in gambling is more because gambling depends on luck and also need good experience in gambling. If a person likes gambling.  Without good experience he will never win at gambling because even if he has good luck he will likely lose his gambling money due to some mistakes.

Yes, that's the thing, the risk is needed to win.

But the thing is that the most probable outcome of that bet is the gambler losing their money.

Sure, it might end up in their favor, but the vast majority of time it won't, so the gambler should be prepared for that.
260  Economy / Gambling discussion / Re: Is gambling bad to the society? on: July 09, 2024, 12:34:22 PM
~snip~
Gambling isn't bad for society. Period. Indeed, like you said, if you gamble responsibly there's no problems whatsoever, and most people engaged with gambling are gambling responsibly. If gambling were bad for society, it would be banned everywhere long time ago and by this point we wouldn't even know what  gambling is. Since you mentioned alcohol, I'll add that in my opinion, alcohol is much bigger problem for society than gambling.

If gambling has such a null effect on society, it would definitely not be taxed like it is wherever it is legalized.

There is clearly a negative impact of gambling in many people, maybe not you or your friends, but you just need to read a bit and you'll realize that it is quite devastating financially for a lot of people.

People end up killing themselves after losing their whole life savings in a matter of hours.

You can't say that is not a negative in society.
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