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2461  Economy / Gambling discussion / Re: Gambling is more important for crypto users? on: July 16, 2023, 01:30:10 PM
When the OP doesn't have the knowledge to spend his money then why start with gambling? this is indeed quite strange to me, it means that OP has absolutely no capacity to manage finances. You can imagine going into the world of gambling, maybe in a short time OP will easily lose a lot, can't
control the stakes and end up in ruin.

There are some people who think that making money through crypto is very easy and one way to do it is by gambling.
Then there are some people who think that trading cryptocurrencies is a good and convenient way to make money

What both groups of people do not realize is that making money through gambling and trading is highly risky. In fact I would say that making money through them is highly difficult. Yes, the returns are good but why do we forget the risk we put in, to get those returns  Huh
2462  Economy / Gambling discussion / Re: ODI cricket and general cricketing discussion [self - mod] on: July 16, 2023, 12:11:31 PM
Bangladesh Women vs India Women, 1st ODI ICC Championship Match Bangladesh scored 152 runs batting first in the innings. Bangladesh played 43 overs for the loss of their entire wicket while India set a target of 153 runs for the women's team to win. Right now India women team has started batting and already they have lost 3 wickets. In this series, India women's team started batting and scored 42 runs, right from that time it started raining. And due to this rain the match has now been reduced to 44 overs where India will need only 112 runs to win. In this ICC Championship today if India can put up a good batting performance to win the match then they will win the match. And if Bangladesh Women's team can perform well in bowling then the match will be under a lot of pressure for India Women's team. However, it is still not possible to say with certainty which team will win the match, but India women's team is likely to win the series if they score 112 runs.
Bangladesh girls registered a comfortable 40-run win over Indian girls in a rain-interrupted first ODI. When the 50-over game was decided in 44 overs due to rain, the Bangladeshi girls batted first and managed to score 152 runs in 43 overs, losing all wickets, while the target for India was 153 runs. The target looked easy for India at first but later the Indian girls were bowled out for just 113 runs. As a result Bangladeshi girls got a great victory of 40 runs in the first ODI match. After losing the first two T20 matches, Bangladeshi girls came back well in the third T20 match. After finishing the T20 series, Bangladesh started well in the ODI series. Since Bangladesh won the first match, Bangladesh will have more chances to win the ODI series.

That was a surprise win by the Bangladesh women's cricket team. I thought that India Women were much better on paper but this DLS method turn out to be in favor of the Bangladesh team. Also, i heard the commentator was saying that this was the first ever win in an ODI by the Bangladesh Women's team against the Indian team.

The Indian batting completely collapsed in this match and they were all out at 113, something we would not have expected. Marufa Akter from Bangladesh took 4 wickets while Rabeya Khan took 3 wickets and made this game won for their team.
2463  Economy / Gambling discussion / Gambling effects on LGBTQ+ People on: July 16, 2023, 11:51:17 AM
Recently research was held by Dr Reece Bush-Evans who told that online gambling could Hide the sexuality of the LGBTQ+ people and most of these people prefer online gambling as compared to physical gambling for obvious reasons.

The more important concern for the LGBTQ+ people is that they are being treated differently in a casino which may come under harassment. Also, the study says that people at the casino, the staff plus the public have shown discriminatory behavior towards these people.

New Research Explores Effect of Gambling on LGBTQ+ People
2464  Economy / Gambling discussion / Re: Between futures trading and gambling on: July 16, 2023, 10:27:43 AM
There are many gamblers that can gamble just to have some fun and make money in the process and there are some that focus on gambling only to make money so I would like to ask such people a question.

would you prefer to gamble in a casino and make some money or learn about futures trading and make some money?

Which one do you actually find to be more easier and I believe that futures trading is also capable of giving someone life-changing money but which one do you believe is less risky than the other?

Trading and gambling both are totally different, however, i may highlight the key difference between them.

Gambling requires no skill, you just deposit, bet and win or lose. The same goes for the casino games. Everything depends upon luck. Even a layman can understand gambling without any problem.

However, trading is a skill and future trading is even more difficult. Going into a future trade without a plan may end up losing all your portfolio. You need to understand the basis of the financial markets before you can understand and do the trading.
2465  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: July 16, 2023, 07:42:48 AM
SL Vs PAK

SL- 53/3

Shaheen Afridi 8 overs 3 wickets
Shaheen Afridi can be a formidable form for this Test today which has already proved. If Sri Lanka can't deal with Shaheen Afridi's ball in a defensive mood then it will be difficult for Sri Lanka to get through today. Shaheen Afridi has already dismissed three of Sri Lanka's top-order batsmen who were fit to score enough runs for Sri Lanka.

Edited : SL 58/4


Again i would say a bad decision by the Sri Lanka to bat first. They could have bowled first and put the Pakistan batting lineup under pressure. Now the game is getting away from them because if Shaheen Afridi continues to get wickets, the Srilankan team may be bowled out under 200 runs.

All three top order batsmen were dismissed by Afridi including their captain Dimuth Karunaratne. How they are going to survive the rest of the day? That will be a question of the day in the Srilankan dressing room.
2466  Economy / Gambling / Re: Loophole in stopping Money Laundering through Wagering on: July 16, 2023, 07:26:57 AM
But most users are not very honest so that the casino freezes more users' money trying to launder money through the casino, many cases that I often encounter on this forum also the casino will ask for an explanation of where the funds are used also ask the user to verify to validate that the user clean.

This also prevents the casino from being involved in money laundering cases and is considered to support criminal acts being subject to legal sanctions, but not many casinos want to return user money and only freeze the winnings, it is rarely found, if the user does not meet the requirements requested by the casino then the account will be suspended also the money will be confiscated by the casino.

How will casino know that the black money is being deposited on any casino ? No casino checks where the money is coming from. They only care how much they get the deposits from their gamblers. Similarly if the specific gambler ( who is also a money launderer), wins and wagers the minimum requirement and cash out on the different side, the casino never care as to which address the money is being transferred.

So i guess that casino have least interest in catching the money launderers. All they care about is how they can get more people to gamble and increase their bankroll.
2467  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: July 16, 2023, 06:32:13 AM
First test between Pakistan and Srilanka will start in a while at Galle. Srilanka won the toss and elected to bat first. Pakistan had a terrible test record last year while Srilanka had much better recern test record compared to Pakistan. Last time these teams meet at Galle in July 2022 and Sri Lanka won that match by 246 runs. Pakistan a desperate test series win to improve there test ranking.
Pakistan really wants to win the Test series, and their recent stats demonstrate why they're hungry to win. They must focus on improving their performance in red ball cricket because they had a terrible test record last year. Now, they are facing Sri Lanka in Galle, and we'll see if the stats remain the same or this times around new journey begins for them.

Pakistan will be the favorite to start this series but later we never know how they will perform. They are the most unpredictable team and if the opponent against them is weaker, they often tend to lose. So be careful when you are placing a bet on a match where Pakistan is involved.

It started raining at Galle and now the outfield is wet due to which the match has been stopped. Before then we have 5 overs of play where Srilanka lost one wicket to Shaheen Shah Afridi and they made 18 runs. Keep in mind that it was Srilanka who won the toss and decided to bat.

Pakistan with good bowling attack, was it a wise decision for Srilanka to bat first  Huh

2468  Economy / Gambling discussion / Re: The madness of gambling addicts. on: July 16, 2023, 06:09:04 AM
~snip~
Gamblers are desperate and willing to take any risk for the purpose to place wagers in the system. Loss is impossible to avoid; quantifying losses merely contributes to the instability of our emotions, regrets, and feelings of remorse for what we have done. Addiction is the most devastating incident that can happen to a gambler; it is one of the extreme levels that will undoubtedly result in losses and account liquidation. Gambling is simple to begin but extremely difficult to stop; I've come across numerous gamblers who tried everything they could to stop but couldn't, instead preferring to indulge in gambling further.

Yeah, it's a tricky addiction, because it's so expensive.

You can literally lose all your life savings in an afternoon.

Nothing else comes even close, no drugs or luxurious lifestyle can get to that level. There's just not enough time to spend that much on things or experiences, whereas in a casino you can lose it all in minutes.

People who are alcohol addict, their mind stops working when they drink more alcohol but still they don't make decision which ruin their lives whereas the gambling addicts are so cruel to themselves, their mins is also working yet they keep on playing, take loan, sell their belongings only to play more gamble or recover their losses.

I guess the reason for this is that there is money addiction, greediness in gambling, which may not be in other forms of addiction.
2469  Economy / Exchanges / Re: FTX Customer Claims Portal on: July 15, 2023, 09:38:09 PM
The SMS service is probably down, given the fact that FTX has been offline. This is one of the reasons why SMS code verification is discouraged at all costs. I believe your account did not have 2 factor verification through an authenticator app enabled, that's why you are facing the problem

I have managed to log into mine via 2FA and reached the KYC verification stage, but am too lazy to proceed right now.

Do you think that through this claim portal FTX will be willing to return everyone's money ? By the way, FTX as all the data, KYC details and balances of everyone. Why not just restore the site and ask everyone to withdraw, if they are serious. Asking for such details, which they already have make no sense.

I remember NewZelanad's exchange cryptopia was closed and later they also asked their customer's to fill in forms to recover their funds. Nothing happened to date incipite people filling out the details and forms  Sad
2470  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: July 15, 2023, 06:40:45 PM
West Indies cricket is at its worst. The management and the cricket board should make the team better. I don't know how they'll generate revenue conducting a match. There is no audience on the ground. If the same match have been played in India, BCCI could've made good revenue out of the match tickets. I don't know whether the interest of people have declined or this is just because it is a test match.
Right Wi playing very bad cricket even though he does not qualify for Word Cup 2023. What a shocking display of cricket by India They secured a remarkable victory against West Indies winning by an innings and 141 runs. The Indian team show amazing performance and teamwork especially the bowling performance by Ravichandran Ashwin exceptional  picking 12 wickets played a crucial role in this victory but the batting performance of Yashasvi Jaiswal is outstanding scored 171 runs get the well deserved title Player of the Match.

I am confused as to whether I should appreciate the tremendous performance of the Indian team or I should blame the poor cricket by the West Indies team and their decline in the international arena.

The only thing that I can debate in this test match is who should have been the Player of the match. Either it should be Yashasvi Jaiswal
with 171 runs (who is the actual player of the match) or it should have been Ravichandran Ashwin who took a total of 12 wickets in both the innings.
2471  Economy / Gambling discussion / Re: You must do this if you want to QUIT or NOT on: July 15, 2023, 08:53:10 AM
Now, if you still want to gamble but you don't want to become addicted to it, one of the things you should do in my opinion is:

1. Only set aside an amount of money that you will use to gamble in a casino.
2. Don't think that you will gamble to make money, because if you do that, you will surely have a problem later.
3. Just spend a few hours staying in a casino to gamble so you can avoid what you don't realize is wasting time that you should be spending on important things instead of gambling.

In my opinion the most important thing is to look at gambling as a form of entertainment and nothing else. We can't look at gambling as a job that provides us with a steady income, it's not realistic and will only lead to losses if we want to rely on it. As soon as we see gambling as entertainment the whole aspect of wasting time or losing money becomes obsolete. Paying for entertainment is normal, we should compare a night at the casino gamble with going out with friends to a bar. We spend a lot of money for alcohol and have a hangover on the next. Or going to the movies where we buy overpriced snacks and might not even like the film in the end. Whatever we do with our time and money, it will go somewhere. The main advantage of gambling is that we can be lucky one day and make a big profit when winning the jackpot. The next important thing when it comes to gambling is to be realistic with ourself and to not lie. Once we fall in the habit of wishful thinking and try to make the reality seem better than it is we are more likely to become addicted to gambling. Our brain will try to play tricks on us and keep us engaged in gambling, it's important that we have a clear head and look rational and objectively at money related things.


This is just a mind game. We go to picnic, we spend money on entertainment, we spend money on movies & food and after enjoying we never regret that we have spent our money. I understand that most people think of Online gambling as a money making thing and not entertainment.

However, I see people going with friends to physical casinos in order to gamble and have fun but they came out sad if they have lost in gambling. Why is it so? Why the fun in gambling is associated with win in gambling? Why people do not think that they are spending money in gambling for fun and not for earning money only?
2472  Economy / Gambling discussion / Re: What could make you get into a fight with your fellow gambler? on: July 15, 2023, 08:08:29 AM
I heard of a story about two gamblers that got into a serious fight on the grounds that a bet they merged an amount of money equally to place  using the online account of one person among their two. Luckily for them the bet won. But something happened, when it got to the sharing formula of the total amount won the owner of the account  insisted on taking a lion's share since it was his account that was used in placing the bet. The latter refusing to accept it that way they got into a serious fight. How pathetic!

What could make you get into a fight with your fellow gambler? And would you agree at anytime to double cash with your fellow gambler to place a bet using his account, on the notion of increasing the potential win.
If that should be the case they are not supposed to go into combat because of gambling, if they actually predict same game and stake and they won the game it should have caused a fight because the person that brought the money the higher amount should have taken the larger amount of the money instead of the own of the account, what they lack is undemanding, and basically I may feel that it's good use your private account to stake any game instead of using a friend own

Sharing the accounts or sharing the betting money is always dangerous as people become greedy once they see the money and want to take a larger portion than the other person. Usually we will notice that before the bet, both of the people involved will be best friends, but the money will put serious issues between the best friend's friendship and they could go to any stage in order to get more money than the other. Sometimes money becomes evil for the relations  Sad

I would usually be careful and will not make partners in any thing which involve real money because i know the end of such partnerships, mutual investments is always bad.
2473  Economy / Gambling discussion / Re: Can Casinos Go Bankrupt Because of Player Wins? on: July 15, 2023, 06:17:36 AM
Donald Trump had several casinos that went bankrupt but I don't think it was because of players winning too much. A player winning might only be one of several factors that can lead to a casino having financial problems. Casinos have salaries they have to pay employees and they need to give away nice bonuses to attract new customers. Your expenses might become unsustainable if you are not bringing enough revenue to cover those costs. Casinos are legally allowed to ban players if they win too much so it is nearly impossible to go bankrupt solely for this reason.
I seriously didn't know that casinos are legally allowed to ban a player if they are winning a lot of money, I used to think that they can't do anything in that case because it's the luck of the players since most gamblers eventually lose even after winning, so the house eventually gets the money back, it might be one out of hundreds of thousands where a person keeps winning money in a casino without even losing at all which can be a problem for the casino, of course.

If we talk about a casino going bankrupt, I believe they go bankrupt when they don't get enough gamblers and they still have to pay their employees as you said, and marketing campaigns eat most of the revenue of the casinos, I'm not sure about land-based casinos but that is at least the case with online casinos.

If a gambler wins a lot of money or a big amount of money at once some of the gambler sites may held his withdraw or block his account or start investigating in order to not to pay that particular person. They may find excuses to not to pay him but the good sites will never do such cheap things.

Coming to the point whether the casino can become bankrupt I think only the new casinos can have this problem or if those casino being run by the inexperienced persons.
2474  Economy / Gambling discussion / Re: How is your Gambling Pattern Like? on: July 15, 2023, 05:39:16 AM
It's most likely the case 90% of the time for gamblers, when we say that we are going to quit then suddenly we go and play for more and then continue our losing streak. So it's very important that we should get ourselves and control our gambling otherwise we are going to fell on the gambling addiction category and that is going to be worst for us.

So maybe we can have schedule to play and when we lose then we live another day and not continue with our gambling.

That is the strategy for me right, specially when I go to traditional base casino, just bring enough money and that's it.
It's better to make a gambling schedule and always be within limits so that we don't get addicted to gambling and can avoid big losses. I agree to have a gambling schedule so we don't get off track and can manage our gambling. And as long as we don't lose self-control in gambling, we will be fine and be able to enjoy gambling. That is the goal we must pay attention to in gambling to anticipate gambling addiction which can be bad for us.
And it is not like this is an arduous task or anything, almost every single person in the civilized world now carries a phone or a smartphone with them, and one of the most basic tasks you can do is to set an alarm to notify you about something you may want to remember.

So you could set the alarm of your clock one hour from the moment you start gambling, and once you hear it then you stop gambling immediately, if you can do this consistently not only you will limit the time and money invested in gambling, but you will develop self-discipline and any chances of becoming addicted to gambling will drop considerably.

This is one of the unique examples I have seen that you use the mobile clock to indicate you to stop the gambling 😀

The gamblers should be sensible enough to know when to stop because sometimes you are in the middle of a game and you could not stop and their could be many other circumstances. I will rather say that a gambler should make up their mind to have certain amount of profit or loss and when they got that profit or suffered some predefined loss, they should quit the gambling.
2475  Economy / Gambling / Re: Where should I play? Asking for recommendations. on: July 15, 2023, 05:24:49 AM
Since I been member here for couple of months, you see many sportsbetting website using this "KYC argument" when players want to cash out big winnings, so I don't want a casino that allow me to gamble and deposit but not withdrawal my earnings, be honest and you will get honestly and loyalty from me as a customer.
Regulations of a country will often change regularly so you have to be ready for it. I know KYC is a scourge for everyone, but even it is difficult, we must be prepared to face this reality. This means, if you aren't already for KYC, you have to be prepared to lose the money. so you must think from now on how to bypass it, not looking for a gambling site that doesn't have KYC.

When we talk about the online casino's then the regulation of the ones particular country does not come into play. If the casino have not blocked your country you are free to play at that casino.
However these days KYC is a mandatory thing so those who want to do sports betting or gambling, they should make up their mind that they have to do the KYC.

So why wait for the day when you have win something big and the casino ask for the KYC. Why not perform the KYC before ?
2476  Economy / Gambling discussion / Re: Who is to be blamed, the gambler or the betting agent on: July 14, 2023, 05:17:41 PM
While this is common I still think this is wrong, I mean look at online casinos, they do not give loans to their customers and yet they are a thriving industry and it would not surprise me if they were generating now more profits than land based casinos, so trying to take advantage of gamblers in this way by giving them loans may work for a time and increase the profits of that casino, but I am sure there are many gamblers out there that if they found out this information they will decide to stop gambling at that casino out of fear this could happen to them.
online casinos will never provide loan facilities to their customers because that will be very risky because so many customers come from countries that prohibit gambling, so even if they provide credit card guarantees or KYC it is very risky for online casinos.
it's different from land-based casinos, in that the country or city certainly allows the gambling business, so it's only natural that land-based casinos provide loans to their customers. and I'm not sure if gamblers would avoid the casino if offered a betting loan because we know that not all gamblers are sane minds but many gamblers will accept such an offer.
In the case described in OP, the gambling agent was still able to find the gambler despite the gambler trying to evade the debt. If this were to be online casino, how and where will they find a gambler who they granted loan to. The money is lost for ever.

In general, I don't think offline casinos giving their customers loan to gamble is ethical. They are just increasing the gamblers debt and risk of being addicted. That act should be prohibited.

This only happens in the offline and physical casinos where the agents can trap the gamblers and force them to gamble even if they do not have the money. In online gambling, we usually do not face such a situation. An online gambling site won't give loans to their gamblers. Yeah, they sometimes may give us extra money in terms of deposit bonuses, etc but we can't withdraw that amount because of the high wagering requirement associated with those promotions. (95% of the people will bust their balances in order to complete the wagering requirements).
2477  Economy / Gambling discussion / Re: T20 and T20I cricket prediction and discussion on: July 14, 2023, 03:34:09 PM
Afghanistan scored 154 runs in the first innings of the Bangladesh Afghanistan match, losing 7 wickets. Afghanistan performed well against Bangladesh today, if they can improve their bowling performance a bit more, Afghans will have a chance to win. Right now Bangladesh are batting they have already lost 3 wickets they still have a long way to go to reach their target of victory. If the batting performance is not good then it will not be possible for Bangladesh to win today's match even though Bangladesh still has enough chances to win the match. If the Bangladesh batsman can play the game now then there will definitely be a chance of winning the Bangladesh series. At the moment, Bangladesh needs to perform 91 runs in 60 balls to win the series, then they can win easily.

No No, If Bangladesh manages to win today's match they will only win this first T20 between the two teams and there are still more two T20 match left to decide who will win the T20 series.

Now the match itself, yes, Bangladesh should win this one as they only need 47 runs in 33 balls. With 6 wickets in hand, this should not be a problem unless the current partnership between Shamim Hossain and Towhid Hridoy gets broken and we see a batting collapse, not going to happen.

Earlier Mohammad Nabi scored 54 runs in the Afghanistan innings but looks like his efforts will be in vain as they fail to make a good total. 154 runs were always going to be short.
2478  Economy / Gambling discussion / Re: Test Cricket Prediction and Discussion Thread [self - mod] on: July 14, 2023, 02:49:57 PM
Among the Indian batsmen, Shubman Gill is the only one who missed out, as he was dismissed for just 6 runs by Jomel Warrican. Everyone else got a good boost to their career batting stats, including the debutant Yashasvi Jaiswal. Rohit Sharma badly needed this boost after a few ordinary performances in the recent past. And let's not forget those players who got the opportunity to boost their career bowling stats, such as Ravichandran Ashwin and Ravindra Jadeja. I guess that is the only purpose of this series. BTW, it was a good opportunity for the selectors to test some of the younger players (apart from Jaiswal). 
Sometime happen like this while you have big partnership then teams mostly lost 2 or three wickets so this time Shubman Gill was gone because they were feeling relaxed now we have good chance for the Virat Kohli to do something big because as he is currently playing he deserves big hundred and debutant Jasiwal is also in good touch so some more time than we will have double century from him with performance like this is going to be remembered for long time.
From here now India need another 150 to 170 runs which will be enough for them to have win by an inning because after watching first inning I have feeling most chances Ashwin and Jadeja will not allow them to have stay at the crease and create problems for them while their quality is already at the bottom of test format.

India is definitely going to win this match by an innings difference. They have only lost two wickets. It is only the end of day two. India is leading by 162 and they still have eight wickets in hand. They are certainly going to play that whole third day for sure. They will probably declare at the end of the third day or maybe at the start of the fourth day. I do not think that they are going to get all out before that. After that, probably India will have a lead of more than 300. West Indies is not going to get 300 in their second innings for sure.


Look like the Indian batsmen are having good batting practice. They have no match pressure on them and they are exploring the conditions to their very best. Just look at their scorecard, Yashasvi Jaiswal was not out at 162 runs and the captain Rohit Sharma made 103 runs. They must be looking for a win by an innings in this match.

As far as the West Indies are concerned, I feel pity for them. First, they are out of 50 over World Cup qualification, and every match they play, they always find themselves on the losing side. Look like, the cricket just not suits them now.
2479  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: July 14, 2023, 07:35:46 AM
..
It's called beginners luck. Some believe in it some don't. It's when a beginner doesn't know the game and what the rules are but decides to place a bet. There is no logical explanation, but most of the times, bets placed by those beginners wins, most of the times. This is why it's called beginners luck.

I think this was true in the early stages,when gambling had not much choices and the sport betting was the most well known played game,back then of course when a beginner placed a bet most of the times he won it and as you said there is no logical explanation to this.Nowadays though where slot machines are the most well known and the most played games in a casino then you go and get busted even if you are a beginner.

In lottery though everyone has an equal chance to win it and it is based purely on luck and complete randomness,there is no real probability and possibility,you can buy 10.000 lottery tickets and don't win anything and some other guy who buys just one ticket wins the lottery.

Well, the chances of winning in lottery are very slim as compared to, like any other game, if you play on the gambling site you have more chances of winning then if you participate in a lottery.
However the risk involved in the lottery is also less because here you have to spend very little amount for a reward which is very high.
We know that gambling is based upon luck but I must say that lottery luck is even more difficult to achieve.
2480  Economy / Gambling discussion / Re: Wagering requirements for withdraw on: July 14, 2023, 04:12:11 AM
Almost most casinos here in cryptocurrency have wager requirements, and once you deposit you have to play and you can't because you can't withdraw the money you put in. Because they do have a minimum wagering, and they differ in the amount because just like betfury at least you must accumulate 100$ total in your betting on the game whether you lose or win and when you achieve that and then you can withdraw, same in Bitcasino I just don't know how much amount they need for the wager and other gambling that I won't mention it.

Do you mean that in betfury the minimum wagering requirement is of 100$ even if you deposit less amount like 10 or 20$ ?
This is really strange and I guess not right. I heard most casinos will ask you to wager 1x the amount deposit and few may ask for 2x/3x but i never knew a casino that required a certain amount to be wagered.

By the way, wagering is not a big deal for routine gamblers because they usually will keep on gambling until they are out of balance. If someone is not looking to gamble, he or she should not deposit in a casino.
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