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I believe in both and with preference. Both savings and investment has its own benefits and risk; what's important is to reach a certain goal on why you engage on either of these two. If you are after an amount of money you could use for emergency purposes in the future then savings would be an option but if you are seeking on making your the cashflow in your account, bigger in the future then engaging to investment would be a better option. More of a matter between secured money vs profit projection. However as I said, risk will be present; with savings, there's a tendency that you might use it to things outside its sole purpose such as a new gadget and with investment, risk is losing the money itself.
Now, bottomline is to choose what will work for you best. Some people are fine having savings alone and same thing goes with people who are earning more through their investments. Personally, I do both. I save some of my investment profit and times wherein my savings are being used on new investments.
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If you want your platform to be recognized by more people then there are new ways to do so; first is influencers wherein their fan base could also engage in your site. Another way is through promotions and bonuses they could get from doing so. There are maany gambling sites out there which are more popular and if your platform is just new them you need to come up with something that will make it noticable and not the idea of being 'one with the majority'. You need to step up your game but with basis still. Plan all of the marketing strategies you would consider doing in your platform. Have a goal for yourself, if it is recognition then actions should be in line with that purpose and intention. Also, it won't end with recognition, the next thing you should do is to convince them to play and of course, stay. This is where your overall services to offer should be fine as well not only popularity alone.
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I have been thinking about this a lot now and today again, I did the same, it's probably the right time to pour out my mind to my family on this forum, hope in return to get some great answers.
I know that it's not easy to run a casino, hire workers and some professionals and others, my question is. ....
1. Is running offline casinos the same as running an online casino?
2. What do online casinos have to lose if they aren't making as much money as they intended?
3. With online casinos, isn't the number of hiring being limited compared to someone who wants to run an offline casino?
4. Which one is more easier to manage than the other?
And the last question is, which one would you go for if you have the resources?
I'm not into running either online or landbased casino but to give my perspective, running these two has differences. One is with staffs, license, over all operation, and expenses for sure. These things will differ given that online and offline casinos has its own maintanenance depending on the platform it is being operated. Question number two is a bit confusing; does it aim for an act to flip things? Then maybe it is promotions and advertisements in order to gather as much as possible players on their site because that would help them achieve their intended profit goal. With third question, if it is with the number of employees to run the platform then I guess it would be somewhat the same however, given that with online dealers could be replaced by bots or AIs then I guess that would make a difference also with other services within a land based casino. Both are for sure hard to manage and are having its own difficulties in different forms as well. If ever I will have the resources to run a gambling platform then I'd probably choose online gambling site. One reason is overall convenience with regards to accessibility and another is legalization of gambling activities in many countries; online gambling sites are somewhat more accessible than with land based casinos which often struggle with legal compliance. |
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It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?
I do gamble but I'm definitely more practical at all times whenever an opportunity knocks. Being offered 1 BTC is a huge amount, without doing anything. Securing it would be a better choice than to have a bigger amount and to take the risk of losing it in exchange for a chance to win big? That's greed. I'd prefer claiming that single BTC and engage it to new projects at this point. The market is showing bullish patterns for months already and investing that amount will give me higher chance of earning profit in return. Also that opportunity won't be on a daily basis so definitely I would make full use of it in a wiser way. Taking 5 BTC and bet it will give you the possibility of earning more but that's just possibility and not assurance. Doing so won't make you a 'true' gambler and personally I would view you as just greedy. |
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How do you see losing your payment to the casino?
Do you see losing your payment back to the casino as your own form of indirect support for the project?
Do you think that I already have a bad gambling mindset thinking that by engaging in one or two bets or games I am supporting the project I promote?
Losing your payment is unwanted in any context. But as I've read some of the replies from other users, for sure if I will "wear your shoes", I'd feel bad but at the same time I would remind myself that I was the one who made the decision to use it on my bet. Feelings of regret is always a normal response after a loss but for sure you'd have a different response or reaction if that money was doubled. As we all know, that's how gambling works; sometimes you lose, sometimes you win. If you really cannot see an amount you worked hard for, being 'wasted' then isn't it more appropriate to just learn from it and never do it again? No matter how you regret, that amount will never comeback so at least just learn from that mistake. Losing is different from contributing to a gambling site of your choice or the platform you are promoting (context in this discussion). First thing that differs these two is your intention. There is for sure an intention to win over the platform. But I do het the part that you have used their site rather than to use the payment with other platform which is indeed a gesture of support into it. However, it will all boil down to how will you react; if you intend to just support it then I think it won't be okay to regret losing afterwards. Always state or know your intention on why you do bet it and be affected afterwards. Quite of a tricky and difficult question because both arguments either support or losing could be either bad or good, depending on how you will be taking the result of that bet. |
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I will just answer categorically, I guess to avoid redundancy. Gambling chooses no gender, age, race or such; if you can afford betting and testing your luck, then you'd be fine. I don't care that much with people around me such as notorious bettors because in the first place that won't be my problem and I prefer minding my own. Winning and losing will be both part of the game and the extent on how you will react on each instances depends on your expectation as a player; if you want to get rich from gambling then either outcome will push you to just continue playing but on my end, I tend to secure a portion of my profit and won't hesitate to rest from this activity if I'm already losing that much. I gamble only a small proportion of my salary and this is why I don't support people who are willing to borrow money for this activity because that's irresponsibility already on their end and I don't want to be a part of it. And if I ever will be rich from gambling, I would personally prefer quitting and using the money in a profitable and more secured investment such as properties.
These questions are a bit mixed but all of it falls under gambling responsibility. Might be cliché to some but at least this could remind those who are being compulsive with their gaambling habits not as a leisure but in some instances, as a career. Nothing's wrong as long as you could handle the consequences of losing.
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I prefer betting on my assumptions. Yes, a shared idea from a prediction site or group could yield to a better win rate than with my speculations but at least whenever I am losing, I avoid regret and celebrate more when I am winning. It is somewhat a fulfillment for me as a gambler that things rely only within my own decisions. If I would be dependent with other's assumption of which team or athlete would be the best to bet my money with, if it loses then negative emotion will be higher because it would be somehow an instance that I allowed other people to lose my money by entrusting it to them. Same thing goes with winning from other's prediction, it is not as fulfilling as winning with my own picks.
There's nothing wrong in checking betting sites to verify your own prediction, but you should come out with your own prediction first and verify it and not checking these sites and influencing your own prediction.
For you to come out your own prediction you need to know the games that you're betting, and you can only cultivate your knowledge about the game if you have deep interest in the sport.
Like you I also trust my prediction I experiences losses and winnings but there's a sense of fullfillment if you got it right based on your own effort.
Will not be a problem to compare your own prediction but it will just more likely confuse you or tempt you to change your decision at that moment. But if it doesn't then I don't still get the idea of checking just to compare if you have no plans of changing your mind or your bet. However, this is not to invalidate those who does so. Maybe we just have our own ways to deal with risk. |
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Don't you think so?
Well yes, it could help a gambler be mindful of his gambling behavior to avoid being too dragged with the activity itself and eventualy become addicted of it. Self-awareness could yield to self-discipline, however, problem with most gamblers is not having the initiative to check themselves in the first place. They'd be seeking for profit more than checking themselves because there is a belief that self-control will just restrict them from winning big amounts. Personally, I do check the amount I am engaging in gambling activities. It is my way of knowing when to continue and when is the right time to stop and accept a 'bad day'. In the long run it is indeed helpful for me to be efficient with the amount I bet. Reality in gambling is that no matter how much you want to win, it won't be in accordance with your desires. |
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While others have learnt their lessions of not utilizing their incomes when they had a stable source for their income flows, some others are paying adamants and ignorant to learn from what has happened to others because they feels they are not of the same calling to be affected with what happened to others.
In life some persons just do what pleases them and doesn't tolerate with any piece of advice from anyone at the times they feels to had acquired the heavens on earth. And yet they are not Concious that as the more they grows their incomes for multiplications is also how it could depreciate to a zero value if not utilize productively for continues growth.
A friend of mine goes wild at me whenever I talk to him about his reckless spendings, he ask me what would be accounted of his money if not enjoyments?
This is a kind of guy that feels relaxed when he has an attractive amount of money in his bank account and then feels he is only supposed to go after making more money only when he is running out from the one already accumulated and spent.
How on earth would someone give chasing after income holidays even when you do not have more than enough and not up to the age of retirement yet?
And after squandering all that he has saved he goes about requesting to borrow money.
I have talked to this guy on several occasions but he feels I am a pest disturbing his dear life.
As at this moment, the country is encountering very high rate of inflation which stuffs doesn't go fair as before leading him sold his car and being struggling to pay his bills while living in the city and at now, he does not have a place of residence of his own so he jumps from one place to the other passing his night's.
He is now the pest perching on any available places conditionally while inconveniencing others.
He now lives a low key with the best he can afford.
"Had I know" is now a national anthem to him.
I don't find his ignorance to be an excuse and I am thinking of disassociating from him before he gets me affected with his negative possesed energies.
Well, at least he got to enjoy his money. That was his goal to why he was grinding based on your story and there's nothing wrong with it. However, anything which is too much won't do you any good. He should have balanced his way of living. There's nothing wrong with finding joy from the things you spend your money with but given that our life continues as we grow older, it should be a mandatory to think of our future. Regrets do always come last, as many people believes. If this story is intended to be a lession, then for sure there's something in it, new ones could relate and make us of, and that is not to not enjoy things alone but rather be more responsible of your future if you have hopes for it. Many people are not doing it right; some are just working and saving them end up dying early. Balance with things, is the best to do with life. You can always build a better future even if you are enjoying at the present. Things won't be fine as well if you are just working continuously. Thay's not what living truly is; enjoy and save or engage with investments at the same time. If there's a will then there should always be a way. |
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Bitcoin and Ethereum for sure will be held in my wallet. I also sold a few of my altcoins which had a good rate of increase lately such as with few amount of meme tokens, slp, and the others. Was really happy that the market prices of those altcoins managed to have a good price recovery for a short period of time however, as we all know, nothing is too unrealistic to be having a consistent uprise movement, with large rate of increase, for a long period of time. There will always be a tendency for a sudden market crash especially for those tokens which are too volatile. Only major tokens are ones which can resist and slow down the decrease a bit, which makes them a safer coin to hold in my opinion. A tip of advice via experience is that AltCoins ain't good to hold for long and may reach a total lost peak of you tends to hold til you reaches its ATH. So I chooses to sell once I'm comfortable with he profit it may offer in the main time. This not like the bitcoin that you can hold longer and so also the more profits it offers.
Indeed, what's important is to be aware of your risk appetite and to be realistic of things by means of learning from the past and what the chart says, basically. It is okay to desire big profit from your investment but never be too greedy to embrace that much of risk you are not even ready to take the consequences with. Manipulation of the big investors will be always a threat for you to watch out if you are after long term holding with altcoins. Enough warning for you to not be too confident just because a bullish pattern is observable. |
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I believe nature is fair to all and while it gives some people that quality, others can bank from these brilliant ideas and bring it all to reality by supporting the ideas with the needed finance, resources, and coordination required to have a successful firm.
What do you think?
Everyone has brilliant ideas, potential innovation and such but there are just circumstances we live with. I personally believe that financial capacity is the main thing which challenges those ideas before it actually happen. There would always be a fear of failure. Imagine putting all the efforts to come up with something and not meeting your expected result. There are for sure innovations which failed in terms of marketing it to the public and that's a common tendency. They are more likely considering the negative outcome and the risk for doing so and that's just fine, I guess. If you are not confident enough then I think it is fine taking your time 'til you have enough courage and resources to make things happen for yourself. Financial freedom is the heart of this discussion. Only the riches among the rich has the biggest potential to do it most of the time. One example is Elon Musk and his ideas of SpaceX. He has the wealth to make it happen. Well, yes if your friend really want to, he could raise funds for it or seek for help from the government for it but question is why he doesn't? He has his own reason and in the first place, ideas won't mean anything if no efforts will be made to make it happen or put into existence and that should be the main point here. Regardless of his reason, that is his challenge. If you are that hopeful of his idea, you could also help him if you really want to. |
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There's this phrase "the more you want to save from buying cheaper things than what you really desire, the more it will cost you". It is a bit like with settling for less; buying a secondhand laptop and car, buying immitation or copied brands for clothes and the likes. Well, if you don't have the financial capacity to do so, then nothing's wrong with it. But if you do then you're still not wrong however quite missing a thing. There's nothing wrong with perhaps buying second hand or used items, just to use it as an example, but most of the time there are flaws which would make you pay more than you're supposed to, than with buying a brand new one. It is not being luxurious but more of being more efficient with your money. If you cannot afford buying a brand new one, then isn't it enough to say that you should save more to afford it? For me, we just often rush things. I don't intend to upset or offend other by saying these things. I just want to say that if you really want something then at least plan for it. Again, it is not being luxurious but more of needing a bigger drive within, to achieve things ( yes applicable to almost everything not only with lifestyle or objects).
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I do accumulate over the previous months that the price was still low everytime I have the chance to do so. I also have other token holdings but it is only Bitcoin wherein I'm most comfortable, but not too confident, because we all know its potential. Nothing's assured but it has proven its credibility over years. Right now, I took a pause from adding up my portfolio because a breakout or crash is on a 50-50 tendency. It is just my way of managing the risk in this industry but I do understand those who are still buying at this point, they might have a bigger risk appetite than mine, and that's good for them. Everyone's free to move with their investments in the first place. Just be sure to have all things planned and to not make any unnecessary decisions that could yield into an instant loss. Diversification is also advisable given that many coins are now in upward direction with a higher rate than with Bitcoin and other cryptos in the market. Just make jt a habit to set a stoploss to not be in regrets given how unpredictable this market could get during bullish season.
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Nothing bad with the message of winning, it just depends on how would an individual will recieve and give meaning into it, and that indeed includes the tendency of others to take it nevatively. Envy, cheating related accusatuons, selfishness and the likes are the ones which are most common to people who are toxic, hearing that something big happened to someone not themselves. These things aren't normal; being toxic will never be a normal behavior. We should learn to let people enjoy things especially those which makes a betterment for their lives. Of course there will be ideologies and desires for same thing to happen for you but that will never be an excuse to spread toxicity just because you did not benefit from it. Wait for your turn and know how to clap for other's happiness. That is the reason why we should not tell everyone for our success in everything we do especially in gambling because we do not know how they will react. Some might be happy for us and some are not and it's natural so we should be aware of that. We should prioritize our safety instead of letting everyone know the real thing. If you don't want to take the risks stay low key. Don't make yourself a target.
We are free to do so. Why should we adjust with other's toxicity? Some people find joy telling other people what's something that made their day or life better, that could be their means of celebration and there's nothing wrong with it. We just have to pick the ones we would share our best moments with to somehow avoid things which are unwanted. Well yes it would still be an adjustment but at least you would still be able to do what will make you happy, which is in this instance, sharing the joy of winning from gambling. It could be a double edged sword also; there are tendencies that you could drag someone into gambling which will simply expose themselves with risk and even addiction by any chance. So better be careful still, at all times. |
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I’m sure many players here experience this kind of minor mistakes that resulted to terrible outcome. Share your story and let’s have fun hearing it. I hope there’s no BS story…
Well, I can relate; we sometimes or often fear losing (depends on your case as a gambler, some are just fine as long as it is under their risk appetite). Fear results to hesitation which makes us change our mind with our bets. Regrets will only take place whenever the unwanted happens and that is a normal thing however, if it is the wanted outcome then you'll have a different response. I don't engage with card games and other casino games. Even in sports betting, this is evident and in my case is with matches I did not bet but had my 'pick assumption' on who or which team would win, and eventually turning out to be a winning bet. What I do is to just accept things. It is just only the idea that winning is just hard to achieve in our gambling careers which makes us frustrated of such instances. It is not also losing everything, but just losing the opportunity to win. |
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The match really created an impression of "All hype" towards Ngannou. Many people had high hopes from him in this match but it seems that boxing is too much for him especially to face an experienced and dominant fighter which is Joshua. But regarding with Drake's loss, it is somewhat a 'normal' day on his end and to his fans. He have lost multiple times,if not close to this amount, even higher. It is indeed a huge amount to majority of people especially average salary earners but if we would look at his case deeply, he can simply afford it. He's earning tha much that this loss of him won't hurt him financially as much as it should be on our perspective. Also, this is how gambling works. He won't also bet an amount that would crash his bank, assuming that he won't. And if we would elaborate this, his $615k might be a $500 loss on my end, that it would be hurting for a month but eventually you'd get over it, but still this doesn't promote certainty. He might have a larger risk appetite but that's on his end and I have nothing to do with it. I will just focus on my betting behavior to not engage an amount that will leave me with nothing. |
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-Do you apply this strategy while gambling?
-How do you benefit from it ?
Well, somehow it has a point in prticular with analysis however, things aren't that easy especially in gambling. There are many 'intelligent' gamblers, for sure, but we cannot say that each of them are successful in gambling. Reason will always be one's luck. As I always say, you may use your thorough analysis or use the strategy you want to increase your chances of winning but nothing will change if you are simply unlucky, then outcome will be the same. Bottomline is, information could help you reduce the tendency of losing but will never guarantee winning. Research for the information is a must things for gamblers who wants to place a bet. Without information, they will not be able to pick the right teams that can be the winners. They can analyze each teams from the information that they gets so they must search many information from many sources. The benefit of having many information is we can knows which teams that have a bigger chances to win because we collect many information about each teams so we can makes a decision and pick the right teams. Besides of that, a gambler must know how much money he can used to places a bet and don't used too big money if he doesn't want to lose big.
Information, conclusion, and basis are helpful on deciding which one to bet but why aren't all gamblers are not using such strategy? One reason; they rely with luck and it's not a bad thing. That's simply how gambling works in the first place. A gambler could make a research before betting or just let his/her luck to dictate the outcome of his/her bet. It is a matter of choosing what will best work for you. Eitherway you won't be certain of winning, so just do what will make you comfortable, spending your money with. |
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It's simple; a 50-50 chance, either you lose or win, outcome is something not under your control. If you will have assurance of a winning outcome then that is not gambling at all because risk will not be present. Bottomline is with words or phrases assurance of winning and existence of risk. Everyone is having desires of winning the game basically but not everyone will be LUCKY ENOUGH, to make it happen. Many people are frustrated of winning the jackpot but many people are also losing huge amounts simply 'coz of not having the luck. You may indeed use strategies to lessen the risk but luck will still be the bottomline. Perhaps with sports betting; you are free to analyze statistic of teams or players but since anything could happen during the game which includes the tendency if you will be lucky with your bets. Does this really happen a reality or it is just some sorts of mental reasoning fellas?
it's nothing more than mental reasoning. if you ask me, what your mate did is basically the same thing as what gamblers do when they think an object is lucky. and believe it or not it is not uncommon for people to think that other people can bring them luck, I've seen it too many times on bingo halls and gambling shops. That's why things are unfair with gambling. You may believe of things that will increase your luck but things won't still be assured. And maybe that has something to do with your fate which is far different from just being lucky right? If there are really objects or things that may increase your luck then many people should be rich by now from gambling. |
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This is another reason why gambling can not be a job or anything like a source of income cause you can't know your games would play out and no predictions is ever accurate.
If you have such experience share it with us let's see the luck guys around.
Well some people are really profitble in gambling which is why we really cannot tell or discourage others that it is not. However, given that we have different fortune and luck in life, making it a source of income will not be advisable but the idea is not discouraged. You may take the risk of also doing so but always keep in mind how risk plays a role in gambling as an activity. You should know when to continue playing regardless of loss and when to stop because if you don't, you'd be taken over by frustration and other negative emotions that could yield to bigger loss. But going back, yes I had some experiences that I have accepted the fate of losing but turned out to be a winning bet. The only thing I can conclude is that no one holds the certainty of either winning or losing which is why we should not bet that much over our risk appetite. What if it really become a losing bet and you happened to bet big? Different reaction will be for sure taking place. |
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Low odds, high amount. It is likewise with low risk and just increasing the amount a little bit in order to have better rewards. I do this often whenever I do feel like betting but not having enough time to analyze the match, which is why this is my 'go to' betting strategy. Of course downside is not knowing or having guarantee of a winning outcome but at least, risk won't be that much, in accordance with the majority of bettors as displayed by odds. There are also instances wherein I just enjoy watching the game without any bet involved just to be safe from regrets; I do believe that analysis would still be handful in betting industry. My simple risk management strategy in sports betting is to not bet of the teams with odds higher than 1.05 because I have lost even when I placed bets on teams with just 1.10 odds so that's why after learning from my experience I built my strategy which is to never place any bets if odds are more than 1.05 even if odds are 1.07 I still avoid placing any bets.
Well, that is because of majority's expectation however, as I've said, nothing is certain. You ca go against higher odds in order to recieve higher rewards but expect nothing less than higher risk of losing. Managing the risk when it comes on team or fighter selection, won't be missing with sports betting if you don't have that much time to look for advantages and disadvantages of your bet. |
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