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261  Economy / Gambling discussion / Re: Claw Machines: a category of gambling? on: April 10, 2024, 09:08:19 AM
i think that the claw machine is a type of gambling, because you bet a certain amount of money to be able to move the machine to get various prizes in it. but some people say it is a game based on skill, others say it is luck. personally, i would say it is both, because each machine can be different depending on the developer. there are machines that can be easily moved and get prizes if we understand the tricks, but there are also machines that are quite difficult to get prizes in. so it can vary depending on the machine.

I see a claw machine as some kind of entertainment, as in playing in those games at carnivals.

Having a look at wikipedia (https://en.wikipedia.org/wiki/Carnival_game) it shows that there are actually two types of these games, one that is skilled based, and one that is chance based. In the latter case then it would be similar to gambling.

Interesting.
262  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: April 10, 2024, 09:05:28 AM
~snip~
You're right. But have you observed that most of the people who are most likely to get addicted to gambling are those who are unemployed?
Those who are unemployed are the ones who mostly views gambling as a source of income and a way for them to make some some money in order to fund their daily needs. And we're very much aware that those who view gambling as an only source of income are the ones that are more likely to get addicted than people who already have jobs.

Employed folks who gamble would either view gambling as an alternate source of income or just strictly as a way to have fun and relieve stress and these set of people rarely suffer from addiction.

Interesting.

I would have never guessed so.

In my mind I think that the most common type of gambler is the one that has a low paying job, and goes gambling to try to escape that rat race as they don't see any other way out.

If they are unemployed, then I don't know where they would get the money to gamble with.
263  Economy / Gambling discussion / Re: When you are not to gamble. on: April 10, 2024, 09:03:58 AM
Health factors and financial needs will be made by gamblers not to gamble because these two factors are very influential in their relationship to gambling, namely when someone is sick, they have to rest and restore their health so they can return to their activities again and when someone is confused or unsteady financial problems, then he must prioritize the needs that are beneficial to him first because that is the most important thing in his own life.

Yeah, that is so true.

After a while people get so used to gambling that not doing it seems so unnatural to them.

In the end, the addiction that makes you feel "normal" is the most difficult to get rid of.
264  Economy / Gambling discussion / Re: The madness of gambling addicts. on: April 10, 2024, 09:02:43 AM
~snip~
I think that having this feeling of missing out, or going like "wow that was for just a little" like when you team misses a goal, is one thing
but being grumpy and sad or angry about it, and putting everyone around us in a bad mood because of our feelings is a different thing
many levels of complaining maybe

I agree that losing makes us appreciate winning more, the same way as sad makes us appreciate happiness more too

Yeah, at the end of the day it is our own responsibility to stop before it's too late.

Many people get frustrated when they lose and start blaming anyone else but themselves.

I think it's fair to say that the behavior you are describing is the most popular. It's not a good one though.
265  Economy / Gambling discussion / Re: Gambling is not place to make money is place to lose it? on: April 10, 2024, 08:57:45 AM
~snip~
Most people will lose their money. Only a small few that are very lucky or they are professional gamblers (poker, sports..) can win money.

Yeah, that's basically the hard reality. But casinos are usually very good at convincing people otherwise.

It's a bit similar to alcohol, their ads is just having a great time. With gambling it's basically being rich.

Then the reality hits back to the addicts.
266  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: April 09, 2024, 08:01:36 AM
~snip~
Indeed, different people have their own perspective or preferences of what fun and excitement is all about.
For some, it could be engaging in friendly arguments or conversation with colleagues at work, some would consider going on Facebook to look at their newsfeed and some would rather log in to their online gambling site to make a few bets. So it's just simply a matter of preference.

Yeah, absolutely.

The main thing to consider though is that there is a considerable amount of people that might get addicted to gambling, so in that case it might be a bit different to, say, chatting with coworkers.

But yeah, as long as the activity is under control, and it doesn't affect the rest of the day, then gambling at work is no different than social media scrolling, which can also be an addiction to some people by the way...
267  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: April 09, 2024, 07:58:31 AM
I only believe in a few opinions from others, but I don’t strongly believe that someone can be expert to me in a gambling prediction because the person is just telling you he’s all her opinion and what the person has, so not just from your own side all you need to do is take the advice and look into what the person advise you to do Check if you think it’s right sometimes it may look right, but do whatever you think is right to your own self don’t just stack huge amount of money because you think someone is an expert. The person may not even be gambling with his own money he is just working around, looking for someone to waste money  And to test what he has predicted if he is right

In some cases it might be more than just an opinion.

For example someone saying the chance of getting a six on a dice roll is one out of six is basically true. Not an opinion, but a fact.

Now, if they say "the next roll will be a six", then yeah, that's just BS.
268  Economy / Gambling discussion / Re: Rich or poor gambler, who should risk more? on: April 09, 2024, 07:57:10 AM
All risk is risk, it’s just depend on the amount you are putting in because of your level of standard well because rich people usually put big amounts to the standard and if they lose, it will also affect them because they know the amount they have put in poor people in gambling. Also have a room on putting the amount of money they can to the standard if they also lose it to affect them such as how it will affect the rich man, if you are rich or poor, doesn’t make you to have less consign on knowing the risk, and if you are rich, that doesn’t make you too risk more because you wouldn’t put small amounts like the poor, you will stack  a high standard of cash so everyone should be careful and do the writing in gambling to avoid story that touches the heart

Life is full of risks, but the key is to differentiate between risk and reward.

For example, many people cross the street every day because the risk of dying is low and the reward of getting where you want is high.

In casinos the perceived reward sometimes might be higher than reality, and the perceived risk might be seen as way lower than what it really is.

That's part of the casinos business, to make it look better than what it is.
269  Economy / Gambling discussion / Re: Have you ever done something crazy to bet? on: April 09, 2024, 07:55:17 AM
Yes, when growing up, I usually see a lot of older people gambling with Card and setting money to make everyone put in their best and seriousness, one of the things that I do notice is that some people with a particular amount of cash, and they will start setting the money, putting the money in money, putting in money down to zero and finally at the end, they go home with nothing ending up, losing all the money they came with that is wanting about doing things and gambling which I don’t really like it is always good to have a particular amount that you need to gamble with not just running yourself dry just because you want to gamble.

That is bad, but what I personally think is way worse is what happens next.

Instead of going home, some gamblers would go to the ATM and grab some fresh cash to try to win their losses back.

Big mistake as the most probable outcome is to lose that fresh cash as well.
270  Economy / Gambling discussion / Re: Claw Machines: a category of gambling? on: April 09, 2024, 07:53:46 AM
I don't recommend playing this machine since there's no fairness certification, unlike slot machines with certification or a license. If the prize is just a toy, then it's not gambling by definition, but if the prize is money, then it's gambling. This machine is easy to tweak or compromise, so even if you're a skilled "crawler," you still can get bad results. There are many YouTube videos testing and explaining this machine.

In a casino the prizes are tokens, redeemable to money.

Not sure if that is the main difference as you can also exchange the toy for money.

I think the main difference, legally speaking, is that one is a game of chance (gambling) and the other is a game of skill (crawl machine)
271  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: April 08, 2024, 07:10:05 AM
~snip~
I agree with you. Gambling has the potential to disrupt your working hours therefore it is better to make a schedule. I also have a friend who is addicted to gambling. He once gambled at work during his break. It didn't become a problem until he continued gambling and spent several hours gambling. It reduced his productivity significantly. I once advised him and at that time he didn't listen to me. And now he has been fired from his company. Now he regrets his actions but it was too late.

I think you can still do it if you know how to "read the room".

If you are simply gambling at any time, independent of what's going on at work then yeah, most probably that person will get in trouble.

But if you only do it when there's free time at work, then you can probably get away with it.
272  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: April 08, 2024, 07:07:18 AM
~snip~
If it was accurate information I personally would not share it with anyone else especially for only a few hundred dollars. I could earn thousands or even hundreds of thousands of dollars so why should I share it with others? There are many risks that I will accept by sharing it with other people. In fact, I think that if I already knew the score setting and team A would win, I would spread false information to people that team B would win. Basically, people who know accurate information are those who have connections with several bookies. So of course they also want to provide profits to their bookies.

I think that in most countries having access to internal information like that and acting on it is actually illegal.

It might be different in certain circumstances, but it's definitely something to not use lightly.

Also, of course teams losing on purpose is also illegal and can have many sanctions.

Not sure something like this could be sustainable.
273  Economy / Gambling discussion / Re: The madness of gambling addicts. on: April 08, 2024, 07:05:02 AM
Addiction to anything is harmful. It's not just about gambling. Even if we become addicted to a good thing, it will cause us physical or mental harm.

There are many downsides to gambling addiction. I have seen many people who are addicted to gambling and then gradually become addicted to other drugs. Many drink regularly and to excess. As a result, he becomes mentally and physically weak.

Many people lose their money due to gambling addiction. I knew a few rich people. Who had a lot of wealth. But they lost all their wealth within 2-3 years due to gambling addiction. This is why we should always be very careful.

Due to gambling addiction, we often see relationships with family members deteriorate. Loss of money naturally leads to bad mood and misbehaves with family members.

We should gamble carefully and try to avoid gambling addiction as much as possible. I think spending extra money and time on gambling will gradually increase the chances of getting addicted to it.

This is true.

A person can be addicted to many things, alcohol, gambling, social media, etc.

It's all in the mind, and they are not achieving their true potential if they are still stuck with an addiction.

Also, many addictions cost a lot of money, specially gambling.
274  Economy / Gambling discussion / Re: Does gambling excites you ? on: April 08, 2024, 07:03:40 AM
Yeah, it does. The winning of course nothing again. The thought of having less than few games predicted correctly at least few times weekly excites me alot because not everyone can predict few of their bets games correctly or win games without thinking to be greedy of adding more than 6 games to bets to make sure they win it big before the end of the day.

Yeah, I think as humans it makes us very excited to be able to "predict the future", that is, getting a bet right.

I'm sure this is some kind of mechanism from evolution that rewarded us when we tested something and it worked...

But of course now casinos use this mechanism to make lots of money.
275  Economy / Gambling discussion / Re: Gambling Is Legal In Our Country But if You Promote It Online You'll Go To Jail? on: April 08, 2024, 07:00:13 AM
~snip~
I could not agree with you because if the government considered the promotion is bad for human specially for the children then why they are not banning the service of gambling. If they ban gambling then the large portion of people will be able to stay away from gambling.

Yeah, but the thing is that sometimes you need to be able to allow people to make their own choices.

The government can always make incentives one way or another to try to persuade the people, but I think it is in the end a choice every person has to make.

Gambling is also a very lucrative thing if you are providing the services.
276  Bitcoin / Bitcoin Discussion / Re: The Lightning Network: A failure? on: April 06, 2024, 06:36:26 AM
I don't think lightning is a failure at all.

Many people use it online for micropayments, and it is a really convenient way to spend sats in the real world.

It's a bit like carrying money in your wallet. You don't carry all your savings around, just a bit of cash. Same thing with lightning.

You can see that most of the transactions are between the US and Europe, but it is used worldwide:



Here's the live map: https://mempool.space/graphs/lightning/nodes-channels-map
277  Economy / Gambling discussion / Re: Have you ever done something crazy to bet? on: April 05, 2024, 11:56:31 PM
I don’t think I have ever bet at the wrong place. It depends on your definition of a wrong place because to me betting doesn’t need any specific kind of environment. But I have bet at a wrong time before. By wrong time I mean when your emotions aren’t in complete control and you know it, but you still pressure/push yourself to play the game. There’s no time that is more wrong than such a time because the likely outcome is a loss.

I can think of a few places could be considered a wrong place, for example it can be a fraudulent casino, or a real world casino where you get mugged, etc.

About timing though, yeah, it's just a personal thing because in terms of math every bet is independent of the previous ones so timing doesn't matter.
278  Economy / Gambling discussion / Re: The madness of gambling addicts. on: April 05, 2024, 08:25:47 AM
~snip~
Yes, it is the madness of a gambling addict that will destroy your life and that of your family. I also have a friend who works hard but unfortunately he spends his money just to gamble. He is not married so he has no responsibilities to his family. But he had debts and that was also used for gambling. His hard work is just for gambling. It's a shame because it means he has ruined his future. It's a shame when he spends his money on gambling instead of investing.

I think it might be the only way that person knows how to "invest".

There's really no way to be rich by getting a salary only. You need to invest in something, and over time, you get the benefit of the increased price. Or rather, the relative value of cash goes down against your assets.
279  Economy / Gambling discussion / Re: Claw Machines: a category of gambling? on: April 05, 2024, 07:48:50 AM
For me claw machines require little skill to play, as everything depends from how owner set claw strength. User can simply randomly move controller and randomly choose item. If claw closing strength is enough, it will hold the prize like close grip. But in most cases we see how claw shakes and drops the prize the next second claw was closed. However that is ok. Low skill requirement is perfect for everyone to try to win the prize.

I think of it a bit as of fair games. Everything is kinda set up for the player to lose but still being a bit close to winning.

Very similar to gambling. But in my mind there is the difference that the outcome is not generated at random. There is some level of skill involved.
280  Economy / Gambling discussion / Re: Does gambling excites you ? on: April 05, 2024, 07:27:11 AM
Of course, gambling gives me this feeling of excitement whenever I start to gamble. It motivates me in a way of wanting to see what will be the outcome or results of today's activity haha. I always gambles for fun or entertainment purposes only. Winning from gambling is only a plus. Gambling would always be my escape from stress. And playing with friends would always give me such happiness.

I think it is partly that feeling of not knowing what's going to happen that makes gambling exciting.

A bit like alcohol, life becomes a bit less certain after that, and you might end up in places or situations you were not expecting before.

A somewhat controlled uncertainty seems to be attractive.
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