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2501  Economy / Gambling discussion / Re: Macau's Casino Operation Continues Despite The Latest Outbreak on: June 24, 2022, 05:20:31 AM
^

As the practice of fighting the spread of the coronavirus has shown, restricting visits to public places is one of the most powerful tools and the Macao government is well aware of this. But instead of taking care of the health of their population, they care about filling the budget. In my opinion, this is a very short-sighted decision because it contributes to the further spread of the epidemic.
2502  Economy / Gambling discussion / Re: Macau's Casino Operation Continues Despite The Latest Outbreak on: June 23, 2022, 03:34:55 PM
^

Any state has a fund for such situations and instead of temporarily closing all the casinos and providing financial support to citizens and businesses from this fund they risk the lives of their citizens in the pursuit of profit. A land-based casino is a place where a huge number of people congregate and leaving them open while other public places are closed is simply not reasonable. I think their actions will lead to more disease and death among the population.
2503  Economy / Gambling discussion / Re: Government Owned Online Casinos What Do You Think Of Its Potential on: June 23, 2022, 03:25:55 PM
As you know, governments always support businesses and organizations that belong to them. The state also has quite a lot of leverage over competitors who will eventually simply sell their businesses because they cannot compete with state institutions. It is difficult to do business when you constantly have some inspections, power outages and other problems that can be arranged by such a strong competitor.

And unlike a private entrepreneur, the state does not care about whether the business is unprofitable or not. Under such conditions, it may turn out that there will be several state players on the market on the verge of profitability and several private ones who will eventually be forced to leave the market, since zero (or negative) profitability does not suit anyone.

Yes. In addition, the government likes to save money on security specialists. So the likelihood of your personal data ending up on the black market is greatly increased. I can also add that most likely the personal data of gamblers will be used by the state, which in my opinion is unacceptable. So I would never play in a state-owned casino and do not advise others to do so. 
2504  Economy / Gambling discussion / Re: Japanese man gambled away a huge Covid-19 relief funds mistakenly sent to him on: June 23, 2022, 11:29:51 AM
^

I don't think he'll be able to get that money back, because he just doesn't have it, and it's unrealistic to earn that kind of money working in a regular job.

This guy clearly has a gambling addiction since he was able to lose so much money. So it makes no sense to expect him to ever repay the money. When he gets tired of living in debt, he will most likely try to disappear from the country to avoid paying his debts. In my opinion, the guy is not guilty of anything and ended up in this situation because of an error in the transfer of funds.
2505  Economy / Gambling discussion / Re: Would you bet on transgender only events? on: June 23, 2022, 11:23:02 AM
If the world is going down the road of gender reassignment and self-identification, I think transgender people should compete in a separate category of athletes because transgender women will be stronger and tougher than normal women anyway, so I think it's a kind of cheating in sports. I welcome fair competition and I wouldn't want my bet to lose because any of the athletes take advantage of the transgender advantage. 
2506  Economy / Gambling discussion / Re: Government Owned Online Casinos What Do You Think Of Its Potential on: June 23, 2022, 10:08:38 AM
As you know, governments always support businesses and organizations that belong to them. The state also has quite a lot of leverage over competitors who will eventually simply sell their businesses because they cannot compete with state institutions. It is difficult to do business when you constantly have some inspections, power outages and other problems that can be arranged by such a strong competitor.
2507  Economy / Gambling discussion / Re: Slots is More Likely to Cause Gambling Problem on: June 23, 2022, 10:01:55 AM
Slots are also called “one-armed bandits”. 

Typically, slot machines (slots) are installed in places with the highest traffic of people. 
This allows you to involve the maximum number of people in the game. 

I know cases when slots were installed directly in grocery stores.  Retired grandmothers went to the grocery store, but could not resist the temptation to play slot machines.  In doing so, they lost their entire cash pension.  And they had nothing to buy groceries and household items.  Usually the slots are brightly colored and make pleasant sounds.  They create the atmosphere of a festive fair. 

Slots are created by experienced psychologists and designers. 

Therefore, in terms of such indicators as profitability, slots are in the lead.

I absolutely agree with you. Remembering the time when I could visit land-based casinos I can say that it was difficult to pass by the slots as there was always a cheerful and noisy atmosphere, which obviously can not be said on the location where the poker or roulette were placed.

In my opinion, slots is one of the most vibrant and emotional gambling games, so it attracts users. At least for me it is one of the games of chance from which I get a real pleasure in the game.
2508  Economy / Gambling discussion / Re: Mind Over Matter In Gambling Using Pendulum on: June 22, 2022, 12:11:08 PM
It may still happen today but I think that the only ones who would be using it would be some really desperate people in their life.Normal people and normal gamblers don't have superstitions,some of them may have some rituals which they consider to bring them good luck but using Pendulum I highly doubt it.A friend of mine,an avid gambler,he believes that when a bird enters your car it means good luck and when such thing happens to him he spent a lot of money on slot machines because one time after a bird entered his car he hit the jackpot (a small one but nevertheless still a jackpot).

I think that the bird sat on his car completely accidentally, the same can be said about his winning. Most likely after winning he wondered how he could win and could not find anything better than to build a logical chain of events that led him to win. But in fact these are two separate events not connected with each other. And he chose this event because it is quite rare. I do not think that if he sees the bird on the car again it will bring him luck.
2509  Economy / Gambling discussion / Re: Do You Think New Casino Should Partnered With Bounty Managers To Gain Trust? on: June 22, 2022, 11:11:20 AM
We've seen a lot of new casinos having issues with how to start promoting their project, they just come here to post their thread and that's it,  we have seen members recommending casino admin or representative get a copper account and hire a designer to design their thread this happens so many times.

Do You Think New Casino Should Partnered With Bounty Managers To Gain the Trust of the community and start on the right foot
take the case of Bitlucy where bounty manager Royse777 is the one opening and managing the thread, the thread is just perfect and everything on the casino home page is well placed.

Do you think it's a big advantage for the new casino that they have a bounty manager to be part of the team, we have a good lineup of reputable managers here.


It all depends on the casino and what they really wants. Some casinos just want to have an ANN thread here and watch what gamblers thinks about it especially if they have any complain or what they think about their platform with their support. Some casinos want gamblers to have a feel of their casino with frequent ads which is the reason why they employ bounty managers to help with their casino advert. Casinos need campaign managers to help gain trust in the forum because they can't do it by themselves.

I wouldn't say casinos can't do it on their own, but a bounty company with a well-known and well-established manager helps speed up the process of getting users and gaining reviews and reputation.

Many casinos have been working with known bounty managers for several years and I think this is the best example that such an attraction strategy works well.
2510  Local / Альтернативные криптовалюты / Re: Блокчейн Cardano on: June 22, 2022, 09:36:36 AM
" Разработчики Cardano откладывают хард форк Vasil на месяц.

Компания Input Output Hong Kong (IOHK), занимающаяся разработкой блокчейна для сети Cardano, опубликовала "неутешительные новости", объявив о задержке на один месяц долгожданного обновления Vasil.

По словам соучредителя Cardano Чарльза Хоскинсона, обновление Vasil должно обеспечить "значительное повышение производительности Cardano" и возможностей ее смарт-контрактов. Ранее планировалось, что обновление будет запущено 29 июня, однако, по последним данным, оно должно произойти в последнюю неделю июля.

Руководитель службы разработки Cardano IOHK Найджел Хемсли отметил в блоге 20 июня, что основная команда Input Output Global (IOG), работающая над обновлением, "очень близка к завершению основной работы", но есть еще семь ошибок, которые остаются нерешенными и требуют доработки. Ни одна из них не относится к категории "серьезных", добавил он. "


Источник: https://cointelegraph.com/news/disappointing-cardano-devs-delay-vasil-hard-fork-by-a-month
2511  Local / Альтернативные криптовалюты / Re: SOLANA on: June 22, 2022, 08:47:11 AM
" Базирующийся на Solana маркетплейс невзаимозаменяемых токенов Magic Eden привлек $130 млн по итогам раунда финансирования Серии B, сообщается в пресс-релизе.

Раунд возглавили Electric Capital и Greylock Partners. В нем также участвовали Lightspeed Venture Partners, Paradigm и Sequoia Capital. Инвесторы оценили проект в $1,6 млрд. "


Источник: https://forklog.com/nft-marketplejs-magic-eden-na-baze-solana-privlek-130-mln-pri-otsenke-v-1-6-br-mlrd/
2512  Economy / Gambling discussion / Re: How to Effectively Maximize Profits from Online Crypto Casinos on: June 21, 2022, 02:53:48 PM
~

exactly Oshosondy
probably the only application of stop loss and take profit on a gambling related scenario would be prediction markets like these futures for elections on ftx or something like that
but still this is much more like trading than like gambling.

That is so because trading is gambling in a way. You can never be sure about the outcome, you only have probabilities. People who don't understand it, lose a lot in trading. And gamblers that think, I know how to make a bit of money, right? I bet $1k with 98% win chance on dice, and I win 10 bucks easily, right? It's a guaranteed $10 profit, I'll buy myself a beer. And yeah, it works, but only with 98% certainty. And one day ... I mean, it's inevitable, it can happen right away, but it will surely happen one day, and you will lose one thousand USD at once, after risking it for potentially gaining 10 bucks.

When comparing trading and gambling, an important thing to consider is time. In spot trading, you can sit out a bearish cycle and close a trade at no loss or make a profit. In gambling time is always against you because every game has strictly defined limits. In addition, the increase in the number of games leads to a loss because in the long run the casino has an advantage over the player.

Yes, gambling is both similar and different from trading.  

Gambling is a bit like trading with leverage (for example, lowering a certain cryptocurrency).  When trading with leverage, luck is very important for you (correct assessment of the cryptocurrency price movement trend).  The time factor is also of great importance...  

It is because of this that I have never traded with leverage and never traded short.  

It's too much like gambling....  

It is better to just play roulette or dice.  

To win or make a profit, you need to have a competitive advantage over other players.  What is your competitive advantage?  This is the key question.

But when you play roulette or dice you also do not have an advantage over other players because these games are completely dependent on luck (unless you count the possibility of bribing the croupier in land-based casinos).

I don't like leveraged trading as it requires a large deposit from the trader to be able to lower the position liquidation threshold. I prefer spot trading as it allows me to invest during market crashes and just wait for profits.  
2513  Economy / Gambling discussion / Re: Your Mantra After, while playing And Before You Gamble on: June 21, 2022, 11:07:14 AM
~Nothing is certain. It's all about the knowledge you have and how you play the game with or without any mantra or belief.

Not in all gambling game outcome depends on knowledge but in all gambling game outcome depends on luck, which is only a random set of circumstances and machine algorithms that will distribute bonuses and winnings. To understand this it is enough to make an experience with a monkey and a slot machine. The monkey can easily play this game of chance and it is possible that he can hit the jackpot.  Grin
2514  Economy / Gambling discussion / Re: Length of Time Before You Learn All These Gambling Terms Or Jargons on: June 21, 2022, 10:53:59 AM
~snip~

In my opinion in order to play gambling there is no sense to learn all the terminology and jargon at once because even if you know it all it will not help you win. As you gain new gambling experience you will hear and see new words and expressions. In order to understand what they mean it is enough to look on the Internet, because it is a treasure trove of information.
2515  Economy / Gambling discussion / Re: How to Effectively Maximize Profits from Online Crypto Casinos on: June 21, 2022, 08:32:45 AM
~

exactly Oshosondy
probably the only application of stop loss and take profit on a gambling related scenario would be prediction markets like these futures for elections on ftx or something like that
but still this is much more like trading than like gambling.

That is so because trading is gambling in a way. You can never be sure about the outcome, you only have probabilities. People who don't understand it, lose a lot in trading. And gamblers that think, I know how to make a bit of money, right? I bet $1k with 98% win chance on dice, and I win 10 bucks easily, right? It's a guaranteed $10 profit, I'll buy myself a beer. And yeah, it works, but only with 98% certainty. And one day ... I mean, it's inevitable, it can happen right away, but it will surely happen one day, and you will lose one thousand USD at once, after risking it for potentially gaining 10 bucks.

When comparing trading and gambling, an important thing to consider is time. In spot trading, you can sit out a bearish cycle and close a trade at no loss or make a profit. In gambling time is always against you because every game has strictly defined limits. In addition, the increase in the number of games leads to a loss because in the long run the casino has an advantage over the player.
2516  Economy / Gambling discussion / Re: Slots is More Likely to Cause Gambling Problem on: June 21, 2022, 08:23:13 AM
-snip- in my opinion it is obvious that it is easier to get used to slots because in 10 minutes you can make 60-200 bets, while in betting, you are unlikely to have time to make at least one bet (if you do even a simple analysis).
Exactly, so why people easy being addicted in slots because they can bet anytime, and limitless. Of course, the ego alos will quickly rise to be able to win the game. Then, a game that is simple, easy to use, will look so fun, so they don't realize that they are addicted to games that are played and sometimes they are forget if they are currently on bets. I have to say, really hard to going away from slots, both win or lose.
This is a simple game yet addicting because you can have more bets in just a minute and the minimum bet is los compare to other games that’s why its a game that can cause more problem to some gamblers. The more you bet, a higher chance of getting addicted because you are exposed on gambling. Self control is still a key here and no matter what the game is if you don’t have this you can still fall on that trap.
People have different reasons for liking or disliking slots, personally I am not a fan of them for two reasons, the first is that the game is too simple, I like games in which I like to think so games like blackjack or poker are better for someone like me, however the second reason is that the expected value you can get out of slots is very low, many times lower than most other casino games, meaning that you will lose more money if you bet the same amount of money in slots than in other games.

As far as I know today the return to the player in the slots is 95-98% and this ratio can be considered average for gambling. Slots have a memorable sound and visual effects when winning or receiving bonuses, so the gambler quickly gets used to the encouragement that he can not replace anything else. Habituation to the encouragement and causes many gamblers addiction, which without the control of the player can turn into a gambling addiction.
2517  Local / Альтернативные криптовалюты / Re: SOLANA on: June 21, 2022, 06:19:22 AM
Который раз убеждаюсь что управление проектом через структуру DAO это лишь замануха.

Тем временем идет новое голосование SLND3 за " введение лимита заимствований на один аккаунт в размере $50M, временное снижение коэффициента ликвидационного закрытия до 1% и временное снижение штрафа за ликвидацию до 2% ". Подробности можно посмотреть тут: https://govern.solend.fi/dao/SLND/proposal/CmrzCA2vQxqptyzZ8A9RSG9GeC7gB8nxKs2RvXiiwvh6
2518  Local / Альтернативные криптовалюты / Re: Дно которое все ждали on: June 20, 2022, 07:16:29 PM
Пока у людей есть вера в децентрализацию BTC будет жить. Сейчас мы переживаем падение всех рынков из-за экономических проблем в мире, но придет время когда экономика восстановиться и инвесторы снова понесут деньги в рисковые активы и BTC будет первым куда зальют огромную часть этих средств. Нужно только подождать.
        И как же скоро придет это время? Huh Не хочется показаться грубым, но слова в этом деле практически ничего не стоят. Тут нужны факты и доводы, которые подлежать обсуждению и критики.
        А можете мне назвать эти экономические проблемы в мире Huh Roll Eyes Что-то я пропустил пару месяцев общей мировой финансового новостного фона. Неужели все так плохо только из-за слегка повышенного уровня инфляции в США? Я понимаю тот факт, что инвесторы понесут деньги туда, где гораздо меньше рисков и ставка была увеличена, а именно - в "зеленую бумажку". Sad Я только в этом вижу причину такого колоссального падения, но ведь есть и другие факторы, которые стали триггером.

Ну если такого уровня инфляции в США не было 40 лет, то я бы не назвал его слегка повышенным.

Думаю вы просто не могли не слышать о коронавирусе и военных действиях на Украине. Все это привело к значительному повышению инфляции во многих странах, т.к. разорвались цепочки поставок и контракты. При высокой инфляции появляется нестабильность на рынках и в первую очередь инвесторы уходят из рискованных активов, каким и является BTC.     
2519  Local / Альтернативные криптовалюты / Re: SOLANA on: June 20, 2022, 01:48:56 PM
~ А помните?... когда то солану всерьёз считали децентрализованной сетью...

Как я понимаю, команда Solend намеревалась внести изменения в свой протокол, управляющий залоговыми средствами этого кита. Считаю что делают они это незаконно, несмотря на любые результаты голосования сообщества. Пользователь не давал на это право и его позиции должны быть ликвидированы по правилам протокола.
2520  Local / Альтернативные криптовалюты / Re: Дно которое все ждали on: June 20, 2022, 12:40:26 PM
^

Пока у людей есть вера в децентрализацию BTC будет жить. Сейчас мы переживаем падение всех рынков из-за экономических проблем в мире, но придет время когда экономика восстановиться и инвесторы снова понесут деньги в рисковые активы и BTC будет первым куда зальют огромную часть этих средств. Нужно только подождать.
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