very true gambling is fun especially when we get the win. but when we get the defeat of gambling sites. that's where we know how to lose in gambling  Fun is in the playing, or at least you need to find fun while you are playing. Winning and losing are just parts of every game, not just in gambling. I hope you understand me what I'm talking you, how else to enjoy in gambling. When I play I find fun in the game, in trying to find perfect strategy, to rise bets in right moment, or in trying to be smarter then others in PvP games. It's how I play, and normally sometimes I win sometimes I lose, that is something that every game hasm It is not the same fun that we will experience in gambling since when we play we do not just rely solely in luck, we tend to make methods and test it every time we gamble and for me that simple act makes the fun already as everyday we are figuring out how to win in gambling despite of the fact that our advances is lower compared to the house. There's no fun in losing if you did not try hard enough.. There is really no fun in losing especially if you have no strategies and pre-planned bets in place. Because if you have a pre-planned bets, you will gladly accept losses because it is part of the game and your strategies - you just then go and play with another session if you lose on the current session. |
|
|
|
in regards to betking not being profitable
@Crazyivan-your sample size is too small,it is a game of chance and sometimes house loses over a period of time
that house edge always factors in,but it could take longer than one or even three months
imagine a lucky whale wins 300 btc a pop?
of course profit on your your investment would plummet,it has nothing to do with the site's profitability,just players luck
That make sense. I am currently investing to betking and so far, I have real profits. It should have been long lost if I gamble it there or in any other online gaming casino that accepts bitcoin. It happens though that the house may lose in some time but it will always win in the long run because of the house edge- hence, as long as you keep on investing, you are good to go. |
|
|
|
Sports arbitragers can profit in the long term, they have a professional software to catch the highest odds and make sure bets. Their bankroll is also big enough to make money in long term, like 100k usd at least. Imagine they get 1% of a sure bet, is 1%*100k= 1k usd from one match, that is very high profit.
That is really good profit there. However, if it loses, the lose will be very high though. But yeah, I agree that sports betting can be profitable in the long term if you know what you are doing. If you are confident enough with your team that you are betting on and knows the current status of the team members as well as the opponent's team |
|
|
|
It is normal to feel bad and contemplate once you lose. You tend to analyze what you did wrong in the process, however you can always move on if you want to move on. You can start all over again if you have enough money to bet. I said to myself that when I come back, I will be more prepared to win than to lose and if it does not happen, I will stop gambling. So don't cry when you lose a huge amount because that's part the game.
Will be very easy for us to lose in gambling. If we have to cry every time we lose, then might we would run out of tears because of it. Gambling is just for fun dont treat is as for funds! Yes, it is very normal to have a bad feeling when we lose money at gambling but crying is a bit embarrassing since we already knew that lose money at gambling is very common to happen and that's the risk from this kind of activity. If you cry every time you lose then you are not getting what is the real essence of gambling and for sure you will die because of gambling. Not everyone are successful in gambling but understanding that we might also lose is the most important thing to do since we are prone to losing than winning in gambling. It is very shameful to die because of crying in gambling, where's our dignity and honor then? That two thing are the only thing we can left in this world.. If you cry every time you lose when gambling, then it is better to stop playing at once. Gambling was not designed that way! We gamble for entertainment and not getting stressful every time we lose. Hence, we play and have fun only whether we win or lose in gambling - that is what it was made for. |
|
|
|
if you want to experience life destruction caused by the gambling then you should try the game. but if you do not want to ruin it happens to you then you better do not try this game.
There are still ways to enjoy gambling without it either fixing or destroying your life. See it as if it is a nice game to enjoy, make some bets and don't go crazy. Keep your emotions at bay and you will have a life full of betting without financial problems. Don't allow gambling to have a big part in your life otherwise you will deeply be affected on your experience in gambling. Just treat it as an activity that you do occasionally that you can still live even without this in your life. By making it to be a big part in your life in the start you will always be looking for it when you get addicted until the time come your worst nightmare will happen that you are already enslave of gambling. Never let those things happen to you, not even a slave of money.. Let's have fun because life is short..  Hard to consider gambling as one of your favorite games as most of our favorites took part of our life. Gambling is so addictive but I make sure I will not be addicted with it as I know the consequences. My experience tells me to be careful with gambling. If you are not careful, the consequences of gambling will be very devastating to both of your financial and relationship part in life. It can wreck or finances to the very last penny of your money if you just keep on gambling randomly. However, if you are a professional gambler and know what you are doing, then that is fine. |
|
|
|
So guys, after 2 years of trading i am going to stop. (unless i have full time to trade, which i currently don't)
I have calculated all my trades on the various platforms i have used in the last couple years.
Deposited: 47BTC (roughly)
Withdrew: 40BTC (roughly)
Overall i am happy with the results, i would pay 7 BTC anyday for what i have learned so far.
Now the question is: what the fuck do i do now with my money.
Do anything you want with it. Build a business for the future. Or just gamble it if you don't care losing it. Buy something for yourself or treat someone you love. 40 btc is big enough to treat yourself for one day or invest it to something or building a business. Our decision should be more on our passion so we have a good chance of success, when we do the things we love we have more courage to do it and that would normally result to success. More of the trials will come along the journey but our passion will beat that and we will be successful in the end. That is correct. I remember before when I joined the army reserve force in college, many students hated it but I was the most happiest man doing it and is very excited when training and formation time. Majority hates it and I love it to the bones - that is why I become very good at it and I graduated as the overall commander of all the cadets. |
|
|
|
Even if i won't have a grandson or daughter of my own in the future, I will continue to save bitcoin not only for them but also for myself. I see Bitcoin has a very big potential to grow in the years to come, it is like a digital gold in my opinion that continues to go up in demand, which I believe to rise up in price either 2X more in today or 10X more depending on the trend that will happen. Even if my speculation failed, at least I tried to grab the opportunity to be rich in the future and I won't regret it after all im just hoarding my bitcoin for free and am enjoying it's benefits when I convert some in fiat.
That is correct. Saving bitcoins for the future is the way to go. I am just curious and excited to see when the price of bitcoins will go low and how the market reacts. You know, as the value of bitcoins rise, there are new people in the market that bought it hope that it will further grow - but when the see some decline of price, weak hands will surely sell immediately and the wise investors take advantage on it. |
|
|
|
I am not sure the exact statistics what it is about but if seen in the casinos the percentage is less. Even if they gamble they are within limits not like guys who keep on trying to recover their loss amount and also more they interested in the slots games.
There are males that play hard on whether online or offline casinos but they are heavily financed by girls  For me, gender doesn't really matters on gambling - well, at least to countries that allows women to gamble. There are other countries that prohibits women to gamble and in that country for sure, there are no women in gambling areas. |
|
|
|
I think every adult should have full rights over their property, including their money, as it's they and only their responsibility, so banning gambling is always wrong. Governments only ban some potentially harmful activities when it's in their own interests, smoking and booze is legal almost everywhere, yet they cause much more problems than gambling.
There are actually countries ban gambling because of the its nature that it is addictive, most of the countries are in less developed and undeveloped countries, I do not know exactly what countries it is but I know the main reason. The government ban gambling because instead of working in legitimate ways to earn money people are tempted to spend their hard earned money hoping they can make fortune in gambling. There are countries that ban gambling but promote alternatives like legal lottery and the proceeds of that will be allocated for the charitable works. There are gambling games that are not legally operating and those are the ones that are being banned because it will only benefit the few financiers of those gambling games. |
|
|
|
i think that the best way of making steady income is to participate in signature campaigns or just buy a lot of bitcoins and wait
I don't think joining a Signature Campaign will give you steady income because what we are having as payment is not that much. So I can't call that steady. Another thing, buying bitcoin and just waiting will not also generate steady income. What if the price of bitcoin suddenly drops??/ So, I think having steady income means you need to invest either in legit sites or in trading. But, in trading. Yoy need to have a backhround reseaech first on how it is working and what are the techniques to start. In my view apart from signature campaign, you have to work for bitcoin by giving your skill for bitcoin and do some trading in bitcoin or altcoin. Trading altcoins requires skills, knwoledge, understanding, and capital in order for you to start and be successful in trading. Hence, if you are just starting out and have no budget for anything, I would suggest that you work first and earn decent amount of money before venturing to trading altcoins and also study the workaround. |
|
|
|
addiction to gambling caused by the desire of self, then we must be careful to control them. as if out of control then the addiction will ruin our lives in the future.
Controlling is not an easy task, takes huge efforts and dedication in order to stop ourselves from doing it. Gambling is an addiction because we do it being overjoyed and when losing, we do it with sorrow, mixed emotions tbh. Thats the biggest problem there how emotions ruin our thinking and sometimes to think that we can bring back the money we lose which is wrong and whatever we do we cant unless we hit the jackpot then after that dont play gambling again impossible and posible things may happen it only depends how we handle it. Therefore, one of the most important things is to establish a plan - before the game starts. We need to establish a game strategy, and most important - how much money we spend on the game. If we stick to the plan, everything should be ok. That is correct there mate. If you have a plan and stick to it no matter what even if it means you are losing or winning, you must stop when you reach the planned goal to stop. That is really the challenge there - to have that discipline to stop when you get so entertain and much of excitement with the game. |
|
|
|
As u can see many country's banks are adopting bitcoins in their transactions and I really feel banks will go down some day with just an app and websites.
Which is almost there already..
We cannot expect that each and every bank from different countries will start accepting bitcoins in future as Governments of certain countries will surely oppose bitcoins and won't support them as it can be a threat to their financial system and in that case banks will always keep on operating. I do not know if all banks will accept bitcoin in the end, but in my country the bank does not want to cooperate with bitcoin for several reasons. Perhaps the bank already has its own system that will be developed and accepted by many people. I think between the bank and the bitcoin very different so it can not work together, and bitcoin could not make disappear the bank because the bank has good strength. At this point in time, bitcoin is a good alternative for fiat money when in terms of financial transactions online and even other stuff like online gaming, trading altcoins, investing, and the like. Hence, it will not make banks disappears because it serves as a good alternative for people that want to use bitcoin. |
|
|
|
Gambling with a right attitude. Getting too emotional means downfall. Last night I checked a certain altcoin and was wondering when its value move up so I can have some gains. I then think of just trying to play dice with it because I was disappointed. At first I bet small and won and then I think I should bet big and that was the start of my lost. I then withdraw another batch from my sell order and lost it all. Pffft!
Right attitude towards gambling is really important as this is a very risky game and with one move you could lose your entire bankroll so it is just right to treat this seriously because we are in gambling that losing and winning has no limit. One can choose his destiny base on his aim in gambling. That's too bad dude, you shouldn't have started playing dice in the first place but that's already a good lesson to be learned right there. This is the risk when we include emotions even when doing alt trading. Well as the saying goes dude, experience will be your best teacher That is correct. I believe majority of the gamblers and traders here have experienced that kind of losses at some point of their live - I myself is a no excuse because I have lost a lot as well before when it was my first time to gamble online. But yes, having experienced that and get a lesson from it, is a blessing in disguise so that in the future you will be vigilant. |
|
|
|
Not really. If you really want to become rich then you need to have plan first and how you can really make it through betting only off course you need to play hard there and then by playing harder you need some good advice of your co-player or co - league maybe in the good strategies well that's really good but somehow you need some good capital also to start a bet high but if you are playing for the exact profit then you will get that for sure.
I totally agree - by betting higher bets alone does not guarantee at all that you will get rich. The only sure thing that will happen is that you will going to lose than winning if you don't have any pre-planned betting and good strategies. It is very high risk to gamble randomly regardless of whether or not the amount of bet is high or low. |
|
|
|
Spend about 10% of my main salary. Bitcoin become alternate currency which make my life get better than before I knew bitcoin.
So for now, I have multipler investment like gold, dollar , and bitcoin at the moment
This is what I am doing, putting some portion of my main salary into investing with bitcoins and so far that is a very effective investment. But I don't exact percentage on how much I am putting with the portion of my salary. As long as I have spare money, I am doing it. But putting all my money in bitcoin? Well I'm a bit doubtful about it. Great way of making money in the future, as long as you do not put all your money in bitcoin that is acceptable and exciting, in the sense that you will be able to make good income as the price of bitcoin is increasing but never trust 100% as price will also fall back so it is just right to put the right amount. Bitcoin is a great way to make money in the future but why wait until then since bitcoin is also a great way to make money right now in this very moment. That is right. Now is the time to do the things that are right. Today is always the right time to invest in anything - and invest regularly. If you wait for the right time to invest, you will be left behind to those people that have invested way before you and they are now reaping the profits of their investment. |
|
|
|
As a example trading could be a good thing to make a steady income, I think that is one of the best because the others are way more risky too.
I would hold it on this one to be honest.
I disagree, trading can be a great way to make a lot of profits but in no way can be a steady way to earn money, there are going to be good months and there are going to be bas months. This is true if you are very new or have little trading experience. But if you are already a well.experienced trader, you can make trading a steady source of income. If not, you can always supplement your income from other sources like offering services and signature campaigns. Offering your services is a good way to make some side income, but unless you live in a very cheap country I doubt that you can make enough with signature campaigns in order to allow you to buy anything of significant value. Signature campaign is definitely not a good way to be consider as your steady income. Though you can work in different campaign and they pay you regularly as long as they are operating but the amount will not commensurate on your needs in life unless you are living below your means.. There no life anymore if you cannot enjoy your stay and you just live for survival.. That is correct. Life is not good if you only earn a little but it doesn't mean that we will stay on that financial status in our life. There always opportunities along the way. Regarding signature campaign, it is not really that big but it somehow give you a sense of bitcoin ownership that is better way than faucet sites. |
|
|
|
It's because gambling is like drugs, you always want more on gambling even you are win or lose. The feel when you have a bet and the sweat and your heartbeat makes gambling become fun.
Really? gambling is not like drugs but you are having fun playing gambling , gambling is hobby and like sports that your mind really think and then follow your instinct but im not sure that you are going to win straight evendo your going to hard playing. but gambling for me is really but and really addicted. in some manner you are correct its just like a game that you focus your mind and dedicate your self the only problem with this addiction is you are using money and losing it especially big amount is not funny and trying to regain it back would turn really to addiction. Yep you need to focus everything when you are playing gambling if you don't focus then you must get lose and all in all bet and bet and then lose and lose specially when you are playing with big amount yes it is not funny when you are loosing them. And chase it when you lose you're getting too much addicted into gambling. The focus will solely depend on your purpose, if you are gambling for fun then focus for fun and not in making money.. That's everyone should understand that gambling is s very risky game and an investment because it can hurt us financially.. We live to be happy but gambling will ruin it if we will not be responsible enough to play safe. That is how we are supposed to look at gambling - we only gamble for fun and entertainment and not on profit. Because if our focus is to earn money out of gambling, then we will just be disappointed at the end of the day. The reason is that, we will surely lose a long the way because of the casino house edge. |
|
|
|
Victory in gambling relies heavily on luck. Indeed, in some games require skill like poker and sports betting. But all returned to luck. Although the gambling takes skill, it's not much. Which dominate the victory in gambling is luck.
Gambling really based on luck - the strategies that professional gamblers execute are just a way to mitigate losses and getting more chances to become lucky. Hence, if you are just new to gambling, better not bet randomly and aim to earn for profit unless, you are planning to train yourself to become a professional gambler. |
|
|
|
I always believe in math. In gambling, you will always tend to lose as the house edge makes sure you are having negative returns. However in investment, you can do some research to make sure that your investment have an extreme high chance of giving you more than your initial bankroll.
Yes, math is based on facts. Actually people think if they gamble they can slowly build profits, while they need to understand that there is always a 1% against you, so when you gamble at 50% you actually having 49% win chance only, and the house has 51 so who should win, guess yourself ? People who believe in their luck does not believe in math, although they know that they do not have the advantage, they still go for it hoping they can win.. The reality shows that in the long run we will still lose and since the outcome is fast we might wipe out our entire bankroll. That is because of the house edge of these casinos. If you continue playing and betting randomly, then sooner or later, casino house edge advantage will taking effect against you. If you are a professional gambler, there are ways to mitigate losses by creating many sessions, bankroll management, pre-planned betting, and the like. |
|
|
|
Profit. Profit. Profit. That was my previous motive. However, it turned out to turn me into a gambling monster. I gambled from 0.008 to 1.5 BTC. I berate every time I look at my loss. Although my friend urged me to withdraw, I did not listen and I lost all of it. At that time it was worth around $1100 US.  However, I stopped gambling for good after that. We learned from our experience and that's a big move for us to enjoy gambling and definitely we will be able to enjoy gambling more as a person who was once addicted and successfully change cannot be addicted anymore. Good thing for you as you have matured as a gambler and forget your loses for good. I wish everyone can do that so they will not lose big amount of money that they will regret for the rest of their lives, really hard to control ourselves in gambling if we are putting a bigger amount and when we think that we might win we are willing to take chances, most of the time the outcome does not favor us. well , suggestion to anyone will not change the gambler . because gambler is gambler whether he is gambling btc for fun or profit . it always results into the loss ( maximum times ) . so everyone making gambling to recover his loss by gambling again . only some rich people are playing game of gambling for joy , rest of only for Profit So basically you are saying that recovering our loses in gambling is not a good thing? My answer is, it depends on your goal. If you are just playing for fun then you have to let your of your loses, but if you are playing for money, you treat gambling as your business and your goal is to recover and bring yourself to the profitable side. You are correct. If you really want to earn good at gambling, you need to treat it as a business or better be a professional gambler. However, while it is true that you can easily get back your losses, it is also true that it will be easy as well that all of your bankroll will keep losing. Fact is, you are fighting against a casino that have house edge advantage. |
|
|
|
|
Show Posts
