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301  Economy / Gambling discussion / Re: Is boxing the worst sport to bet on? on: May 20, 2024, 08:26:42 PM
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Hasn't corruption amongst referees always been a thing? At least, I believe every sport has some sort of internal corruption, whether it be among referees or players themselves. Well it's not the only sport to have seen some of most dumbest decisions that it made it so obvious that something was going on tbf, but it might be the most obvious one recently hence why the relations cut. I'd honestly avoid it if you're not that avid of a fan, I've only ever gambled with boxing back when Manny was still a boxer, at least on some of his last matches anyway.
302  Economy / Gambling discussion / Re: How has big wins and jackpot stories affected your gambling habit? on: May 20, 2024, 08:01:25 PM
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Nope, never. I've had a few friends who have hit it by a bit, not a life-changing amount but enough to splurge for a couple of days to a week with no problem. That has never encouraged me to try to achieve it though lol, kind of ignores the purpose of having fun by playing it since you're now playing it to earn money, which is a trap zone that's pretty hard to escape from if you fall in it. Nonetheless I have felt jealousy over it, I just never let it go over my head.

As for jackpot stories, I'd have to hit one first before telling one Tongue
303  Alternate cryptocurrencies / Altcoin Discussion / Re: is it still to Invest into meme coins? on: May 19, 2024, 11:00:02 PM
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I at least would've expected for you to realize that most of these stuff are scams after all the scams you experienced yet here you are again lol. Memecoins are hit or miss, majority of them being miss. Honestly wouldn't try to get lucky with them since most of them have insider groups manipulating the price. You wouldn't get anything out of it most of the time. My experience with memecoins usually are limited to taking advantage of small pumps, maximum of 10% increase, maybe more if I forgot and I got lucky but that's the limit. Heck if I see I profited already by 5% I usually pull out already.
304  Economy / Economics / Re: How to improve your condition? on: May 19, 2024, 09:49:44 PM
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Scuse me, tax on breathing what now?

Anyhow, what country is this? How is online work not allowed? Is the internet not allowed or something? If so, then howtf did you get here? If your THIS limited then yes, it'd be pretty hard to climb up from a poor position. Not impossible though, just harder compared to most other countries that have people climbing out of poverty. I'd honestly just get a good 9hr shift close to home, then study up from there with jobs that are in your locality. It has to start from something and well, it's usually trying to survive as the first step.

And if even that's out of reach, wtf is?
305  Economy / Gambling discussion / Re: Concerns grow over online gambling among teens on: May 19, 2024, 09:31:12 PM
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Well if it puts awareness in why not? Highly doubt it'd be effective though. I mean a lot of the stuff put into schools has doubtful effectiveness in the first place anyway, what more with gambling. In the first place it has to start with the parents teaching them how to value money and common sense behind it. There's absolutely no common in spending money to "support" your team when it's not even given directly to them lol.

Anyhow in the side of the apps/sites themselves, they really have to implement better ways to stop the minors from accessing them or being able to see them in the first place. God don't get me started with content creators as well, they're probably the first ones that most kids find.
306  Alternate cryptocurrencies / Altcoin Discussion / Re: What's your opinion on this on: May 19, 2024, 11:31:02 AM
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It's probably a marketing trick, it's worth a mil yes, but it's distributed over across every participant in the airdrop, which can easily number to over a million in most cases, so most people wouldn't be getting that much. You'd be lucky if you got something over $50 really. As for it being a scam, if it's free then yea most likely. If it's not, and you gotta do something, I'd believe it isn't. In general I try to avoid getting stuff downloaded when it comes to airdrops, if it were to say, tweet something, do a survey or whatnot sure, scam or not you'd honestly be safe imo, but if it includes putting something inside my computer from the internet, pass.
307  Economy / Gambling discussion / Re: Never borrow money to be able to gamble on: May 19, 2024, 05:15:35 AM
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Isn't that common sense? Heck in the first place borrowing money for anything is generally bad or wrong. Emergencies should have emergency funds as much as possible, only if you can't afford it anymore should you ask for loans. Outside of that, it really isn't anything worth it. Only at a certain amount of wealth would it ever make any sense to get any types of loans, especially since afaik it's also a method for most rich people to avoid taxes.

And that's the case with emergencies, what more with gambling which is just a form of entertainment lol.
308  Economy / Gambling discussion / Re: Memecoin Gambling verses Normal Gambling - which is more profitable? on: May 19, 2024, 04:58:07 AM
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Hmm, I've only been lightly doing investment stuff in meme coins, so I can't really judge which is more profitable than the other. In terms of frequency then I'd definitely say meme coins, I mean that's my goal, to profit. For gambling I usually ignore what happens with my bankroll. As for which I would prefer, it'd depend. If it's profitability then definitely memecoins. If you can time it right and get lucky enough, it's pretty easy to see a minimum of 10% profit even for some meme coins that have been released since long ago (looking at you Pepe). Unlike in gambling where the odds can be controlled, and there's really no cycles of ups and downs to it.

But if you're just going to choose a coin, just go with Bitcoin or any top altcoin. Idk why you'd want to gamble on meme coins lol.
309  Economy / Gambling discussion / Re: Martingale strategy is a failure if you are consistent with it on: May 18, 2024, 12:09:22 PM
I love roulettes because it is very easy to play and I see it relaxing. I bet with $3.5 yesterday using martingale strategy as I want to see what the outcome would be, I was able to win $6. $6 to $9 but it will go down to $3 until I won $10.  From $10 back to $6 until I won $13. Later I won $18. I played 5 consecutive times without winning at all and I lost the whole money. If won any among the 5 times selection, I would have increased it to back $18 or to $25. It was a boring day for me, I enjoyed the game, I wish to play more but I do not want to lose more money.
Well martingale only ever works if you have an infinite amount of money for your bankroll. That's just how martingale naturally rolls. It's a strategy simply because in theory, you're able to recoup your losses as long as you can afford it. And if you can, the few instances you win instantly translate into profit. Outside of that, it's anything other than consistent lol. That's why if I ever do try to martingale due to laziness, I'd always go microscopic in terms of amount. Say I have $100 total to bet, I'd probably bet with 1$ increments only or so, lower even if possible.
310  Bitcoin / Bitcoin Discussion / Re: When investing in Bitcoin: what to consider? on: May 18, 2024, 12:49:40 AM
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Why do you need to mind what people are saying so much really? At a certain point the price of the product already speaks volumes, and I'm pretty sure Bitcoin is at that state already. Same with the idea of knowing how it works. If it was new yea go for it, but if not then you don't really need to. It's a good thing, but not a necessity.

You'd mostly only really consider whether you can buy it, and whether the money you spent buying it is money you can afford to lose or not. At least that's what I mostly consider. I guess you can also add whether to DCA or not, but ultimately that's up to preference or what you're better at instead.
311  Alternate cryptocurrencies / Altcoin Discussion / Re: Memecoin specifically for holders.. on: May 17, 2024, 11:53:21 PM
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Yea no. I don't even know what Arbdoge is so I don't really get what you're trying to brag about them in the first place. And "may know" is probably the dumbest way to advertise someone. Anyway holding is probably the concept I'd put very far from what memecoins are, if you were shorting then if you know what you're doing and can time it luckily, then yea, you can easily profit. I've mostly been looking at PEPE right now (don't want to think about multiple meme coins) and I've been profiting on and off of it since it's been pumping and dumping 5% ish at a time pretty often.
312  Economy / Economics / Re: Hyperinflation - Will it lead Countries to Adopt Bitcoin? on: May 16, 2024, 11:25:40 PM
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Wouldn't Bitcoin just protect the value of their own individual assets? Even if the government themselves started mining BTC, there's probably going to be a light impact, if not zero with regards to their economy. I don't think it'd ultimately help the country in improving their economical situation, that would stem from the governance itself, not the currency used.

Not to mention Bitcoin is a highly volatile asset. Yes, the country's inflation is high, but BTC's volatility may be a lot more damaging in terms of reducing their assets value in a shorter amount of time in some scenarios.
313  Economy / Gambling discussion / Re: Does destiny has influence in the amount we can win in gamble? on: May 16, 2024, 09:49:23 PM
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I wouldn't say that reading stuff here in the gambling board would be enough to make a judgment about stuff like this. In the first place, rare are the people who'd actually share a win here in the first place. You'd probably get as you've seen people complaining about losses or not hitting it big so just that makes it already a biased source of information.

As for attributing it to destiny and whatnot, who can say really? In the first place gambling became particular because of luck, and no one can really say anything factual about it. Personally, I don't think attaching much meaning to it makes sense, it'd just make you expect more lol.
314  Economy / Gambling discussion / Re: Is Casino Community Service Possible? on: May 16, 2024, 09:07:31 PM
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Oh my brain assumed if it was possible to render community service in casinos lol, gotta take my morning coffee first I guess. Anyhow, I reckon casinos themselves engage in such activities, or similar to them, kind of like how politicians would suddenly go on and do some activities that show that they're "kind". Now I don't know exactly whether community service has been rendered so far, but at the very least they've done some help to the community.

Not that it serves to do anything imo, it's just peanuts to them and the help rendered isn't supposed to be something we're eternally grateful for. Yea, we can be grateful but that stops there, it's called "community service" for a reason. Pretty similar to how the Govt't keeps pushing out projects that look good, but not ones that really help the people.
315  Economy / Gambling discussion / Re: What's your slices Luck that would have made you millionaire in gambling? on: May 16, 2024, 12:10:55 AM
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None really. I guess the lottery ticket I bought a few times before would be my best bet? Never made a bet over $1000, so I highly doubt I would've hit a million winning bet in the first place and I'd probably never go past it really even if my monthly income does increase gradually. It just doesn't seem worth the risk, not to mention I don't particularly give a damn about getting rich through gambling.

I do agree with increasing the amount though. Naturally, the higher you have the higher you get back, but also the higher you lose. Not particularly sensible really, but in terms of results then yeah it maths out.
316  Alternate cryptocurrencies / Altcoin Discussion / Re: Thinking outside The Box as a Gamer. on: May 15, 2024, 11:47:30 PM
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Sigh, if only stuff like this was real. I think the best game I had that I actively participated in market trading was Albion online. It was massive and for the most part, the only thing you'd be doing is actively buying and selling stuff to make a larger profit (compared to grinding at least).

With crypto-related NFT games, long-term economy just dies off massively. Idk how Albion online handled bots, but NFT games suck at handling them. Well, they're not even bots in general, just a massive amount of people. When they start a massive sell-off since they don't give a damn about the games long-term economy and just want money, the game just crashes down, and for the most part, the game can't handle it. I'm all for it if people want to earn really, I myself would do it, but if it's a game, I'd honestly want it to last for a longer time without getting destroyed inside out by itself.
317  Economy / Gambling discussion / Re: Why People Naturally Chase loses in gambling.. on: May 15, 2024, 10:27:26 PM
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Yup. We naturally as humans lean in more towards winning than losing, so when encountering a loss, most, if not all (there's some special people out there) would most likely try to recoup it to the bare minimum if possible, and profit at maximum. It's nothing wrong, heck even if you lose a couple of times recouping I reckon it's completely fine imo. But just like in most things, there's also a limit to it. Recouping a singular loss from your gambling session should always be limited by what you can spend to try to recoup it, and not more. While it looks simple, it's hard for most people to handle. I'm pretty glad I learned how to handle limits early on really.

Other reasons can simply be that you have no more money left lol so you're trying to get back what you can. Or an emergency. They're more external than the idea that humans inherently try to recoup losses, but they can just sometimes be a front of sorts and the real reason is still us, trying to chase losses itself.
318  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you been profiting from memecoins? on: May 14, 2024, 11:23:35 PM
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Recently have yeah. Pepe recently had a 10% pump, managed to pull out at around 7% ish and not touching it for now. As much as I hate memecoins they can pretty much generate some short term profits if you manage to get lucky enough. I got lucky right now with it, but who knows, I might lose that 7% profit in future trades of some random memecoins. Honestly wouldn't try it out unless you have some extra funds lying around you wouldn't mind spending. I tried it myself cause I saw how often it jumps around (My coins wallet kept updating me with it lol).
319  Economy / Gambling discussion / Re: Did gambling losses are traps to new game on: May 14, 2024, 09:25:12 PM
”He added when the gambling loss was increases,most of us will do the gambling to recover the old loss.Because no one earning money without work,So our wish will be to balance the old losses in the gambling site.Share your opinion on this.
It's true to some sense, but it only stays at "want". Doing it? Nah, pass. It's pretty easy to recognize how it's just going to trap you in an endless loop of "wanting" to get back your losses lol.

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You lost simply because you lost, no need to overthink. If you think it's because of the algorithm ,by that same logic then all casinos would make you lose, so why bother gambling at all? Every algorithm for each game is designed to create a pseudo 50-50 chance scenario, simple as that. The sad thing is most people expect that if they lost once, twice, thrice, then the chances of winning the next one would increase. No, the algorithm doesn't take that into account in the first place lol.
320  Economy / Economics / Re: Banks have money but they don't cooperate on: May 14, 2024, 09:09:57 PM
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Ah yes, trust the random dude who called up and said a random asset would go up infinitely high. Yeah, in hindsight it seems true, but banks don't look at things after it has happened, not that they can in the first place. If they could they would've probably been able to control the entire worlds money flow.

Regardless of whether your friend had knowledge or just assumptions, banks wouldn't work ever with him/her if they didn't have anything similar to collateral that could work. Even slapping them with a bunch of documentation and paper about how the market would go wouldn't work because in the end, those are all assumptions. This kind of imagination only works on hindsight op.
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