Yet another challenge about which I feel like it's impossible for me to complete.  I rolled 96.98, 91.42, and then I rolled 94.05 and 91.05, and the last one would do it if zero was considered an odd number, but it's obviously not. And not because of some sophisticated PD Weekly Heroes Wk8 rules, but because of math. I'm done for the day, but it's 5 days left still, so maybe I'll try next time. Good luck, everyone! |
|
|
|
~
That's one way to put it, I agree. Only select few specific sports than we have some knowledge about as it could enhance our chances of winning and maximize our profit as we know how the game works and have some basic understanding about it. Other than that, jumping from other sports where we don't have some informations and details about it will just make our chances slimmer.Betting on sports we have no idea about is more like playing purely luck based games like slots, dice, crash etc. I mean, it's not like our chances become slimmer than that. But, of course, they are slimmer than when you are betting in the area of your expertise. Still, just for the fun of it, I do place bets on events almost completely unknown, and what a joy to win in those cases! |
|
|
|
~
but dont confuse market price with intrinsic/underlying value
put it this way... if it
physically costs a farmer $0.50 to grow enough wheat for a loaf of bread
physically costs a bakery $0.10 to bake the dough into bread..
physically costs a truck driver $0.01 to deliver a loaf to a retailer
the bakery will not sell it to a retailer for less than $0.61
if the retailer has all its stock/shelf fillers and cashier labour costs and profit margins to meet share holders expectations. and refuses to sell for less than $1.50.. by putting a price ticket up for $1.50
guess what. a customer cant just say "im willing to pay $0.50, so heres 50cents, im taking the loaf, thank you, bye"
a retailer would rather call the security guard over and stop that customer leaving with the loaf.
the customer is instead going to pay what the retailer offers... not the other way round
breads intrinsic value is not the $1.50. . (the market PRICE is not the intrinsic value.. )
the intrinsic value (in my example) is somewhere above $0.61 but below $1.50(i never mentioned retailers true minimum costs added)
~
Idk, what if for another farmer it will cost $0.30 to grow enough wheat for a loaf of bread, and for another bakery it will cost $0.05 to bake the dough into bread? What's the "intrinsic value" of a loaf of bread then? I'm not an economist, but I still think that the "value" of something is what people are willing to pay for it at the moment. Please correct me if I'm wrong. |
|
|
|
Betwrong. From $0.1 to $12 and won it from free spins. you are very lucky. Slot games are essy to play funny to play but fo win if like you, damn I did not win like that with my bet.I will try more with free spins Duelbits give me and if I get luck enough to win like you, I will share here. On Duelbits lot of games to play and I can not stop. Slots are purely luck based games, and, unlike knowledge or wealth, luck is not something some people have more than others. Just keep trying and you will also win one day. But by "keep trying" I don't mean roll and and roll endlessly until you hit something big. No, of course, not. It is very likely that you would just lose all your bankroll with that attitude. Rather, go to Duelbits if you feel like it, if you want to relax a bit from your main job. Make 50-60 spins with minimum bet possible, get your joy and move on. Good luck! |
|
|
|
~
Sometimes you also need to see who are those people gives their feedbacks because sometimes there are casino thread creator pays a thread bumper just to show to the forum users that they have relevance and their casino is good according to their paid reviews. But threads here is really a good reference its just we need to scan those reviews if that one came from legitimate people who test their casino and not those fake nor spamming users.
I personally wouldn't worry about such cases. bitcointalk is not kind of site where an unfair review of a gambling site can go unnoticed and just hang there forever. Write such a review and a massive backlash is unavoidable. Overall, it will do no good to a site that wanted to misrepresent itself. |
|
|
|
Can you please provide a link for the Blue Samurai game on the Stevewilldoit? I couldn't find it on both channels, Stevewilldoit and SteveWillDoIt Two. Maybe it has something to do with my location, or I'm looking at the wrong places.
I don't know if he specifically has a Blue Samurai video, although it wouldn't surprise me. He does have a lot of videos showing off the different slots, and he's making more almost daily recently it seems like. As someone not familiar with these types of slots, they all look pretty much the same to me. I must say that it is a bit shocking to see someone gamble without six figure buys like it's nothing. He's seems completely disconnected with the amounts of money he's wagering. I saw him win $400,000+ in a recent video yesterday. I couldn't imagine... I remember reading in WIRED a year ago that those are house money, so for him it's basically nothing. If he loses - he just asks for more. Those vids are there to show what is possible on this or that particular slot, and sometimes I enjoy watching them, but I would never recommend to anyone to risk such big amounts themselves, and, btw, neither Steve is recommending it. "Do not gamble more than you can afford to loose." - this what I just read under one of his slot videos. |
|
|
|
I agree, people think that you need to show proof of your birth certificate or something to play, it is a simple verification that you pass and its fine. I guess it is the fear that one day yo ucould be asked and this could have some governmental backing that will put you in trouble that makes them stay away from the place. I am fine with it because for me it is not illegal, I mean it technically could be, but I am not playing with "real" money based on our laws, hence it is not technically gambling. Laws here see this place, same as playing those slot games on your phone with game tokens, hence I am not worried about KYC anymore, I disliked even hated the decision to ask it, but I got used to it.
there are many minors who are playing and for this reason they do not like KYC, there are many people who do not have their own home and who are still at their parents' house even though they are minors and for this reason there is no way to deliver proof of residence because the water, electricity and internet bill is not in their name, there are many people who are afraid to hand over their passport on a strange website. That's why KYC is a big headache for most people, especially when we know that many casinos have anonymous owners so it wouldn't be fair for an anonymous casino to ask their customers for KYC. The KYC procedure is performed by a third-party service provider, let's not forget about that. The site itself doesn't need your personal details. They just have to comply with the law requiring for their users to pass KYC. Also, as far as I know, the collected data are kept encrypted, and no human being actually reads them, I even heard that the data is then destroyed to avoid any risk of leakage, but I'm not sure after what period of time this happens. |
|
|
|
Today, 15 hours before the end of betting, I placed a bet on the "$27,501 - $30,000" range because the current 9.59 for this range looks very attractive.
OK, attractive, but does it make any sense? You think it's impossible for BTC to end up in the "$27,501 - $30,000" range in the end of the month? C'mon! We still have more than 3 days left, and I'm optimistic about it. Btw, the odds are even better now, 10.78. Go, Bitcoin, go! I like the optimism of FreeBitco.in users too.
Yes, I like your optimist too ;-) It is kind of win-win situation for me. Low price - I won my bet; High price - BTC is alive again  I like this type of bets on BTC price too. I "won" many of such bets in the past. "Won" in quotation marks because the bets were actually lost, but we feel like winners when Bitcoin goes up, all of us here, don't we? Any of you guys placed any bets for the BTC/ ETH price prediction this time ? I found ETH price betting to be more rewarding this time since the odds are better for ETH than BTC. Below are my bets and I think I might win something this time.  I missed it. You are right, amazing odds for the "$1,251 - $1,500" range, 6.37. It is very likely that ETH will end up there. I would even bet on the "$1,751 - $2,000" range with 7.82 odds. Those would be my 2 bets, but it's too late now. Good luck, mate! |
|
|
|
~ Relief and Escape GamblersThe National Institute on Drug Abuse reports that addictions commonly form when people engage in behaviors, like using drugs or gambling, to fulfill an emotional need. Relief and escape gamblers may only seek out gambling as a way to manage their depression, anxiety or other causes of stress.
Escape gamblers may be pretty unsuccessful at winning, though. Due to their emotional state, their decision making and judgment can be poor. ~ Winning money is not the aim of relief and escape gamblers, as far as I understand. There are many ways to manage your depression, anxiety or other causes of stress, and gambling is one of the safest ones. Think, using drugs, alcohol, or, doing some of the extreme sports such as bungee jumping. Relief and escape gamblers could lose huge amounts of money in a short amount of time and feel higher stress, anxiety and depression in the long-term. ~ That's right. Like with any other medicine(and in this case gambling is a medicine), overuse it - and you are in troubles. Don't do that. Allocate an amount of money which you can afford to lose, maybe not easily, maybe summat you'd spend on going to see a movie, but not more than that, and you'll be OK. |
|
|
|
Naa, Bitcoin can never be a world currency. Due to one simple fact: It's backed by nothing. What do you think the dollar is backed by? The US government and its economy(largest economy on god's green earth ) US dollar has the same characteristic and value, which gold had after World War 2(when everyone was broke, and all the currency had to be backed by gold). Hard to counterfeit, fungible,verifiable, etc A more apt version of gold in this modern era Maybe it's hard to counterfeit today, but technological development does not stand still, and there's a chance that in the near future very few things will be left that are "hard to counterfeit". Then things like BTC will rule the world, things that are impossible to counterfeit. |
|
|
|
- Are gamblers eligible to hold financial positions?
Regular gamblers, yes. Problem gamblers, no. And not only because a company's money are at risk, but because giving money to gamling addicts can aggravate their problem. - Do problem gamblers deserve a second chance to hold a financial position? Absolutely. Gambling addiction is treatable. I personally know a guy healed from it several years ago, who've never had any issues since. |
|
|
|
I tried this one and was super unlucky this time. I never hit between 88.99 and 89.99 even once. But look at the number of people who have succeeded: it's over 270 PD users! Congrats, guys! Both, PrimeDice for creating and maintaining a pretty popular forum, and PrimeDice Forum members for succeeding in this difficult challenge. 4 hours left till the end. Hurry up, guys. May luck be on your side. |
|
|
|
~
~ Addiction could be molded out easily when you do really have that kind of intent in mind on how to make quick bucks without putting much effort on it.Indeed those are dangerous thoughts that always lead to problems, and not only financial ones. Gambling isn't there to make quick bucks, it's for entertainment and relaxation. Even poker and sports betting should not be considered as a money making process, let alone purely luck based games like slots. Yes, slots are addictive because it's fun to play them, and there are so many of them that you can always find a perfect one to your liking. And that's a good thing in general, but don't turn it into something more serious than entertainment. |
|
|
|
~
This reminds me of those old days when I am playing crash game. I use 0.1% of my fund betting on crash with multipliers 100x, 500x 1000x, 1500x, and 2000x in a single go using auto bet. I see lots of reds out there but when it hits my maximum multiplier bet, it feels amazing  . I usually do that until my fund runs out or my bet hit 2000x since the fund used is already considered lost anyway. Don't mimic the kind of strategy I used. it wasn't profitable in the end LOL.~ There are no profitable strategies for games like dice and crash. You can win only by chance, but let's not forget that your losing is not guaranteed either. So you can last for a long time with your allocated 5 bucks, having fun and enjoying your occassional big wins. ~
interesting, you said you win almost everyday with 1% chance but in how many rolls? Sometimes it's just a few rolls and other times it's over 200. I even won with 1% win chance 2 times in a row a couple of times. and how you split your total bankroll on that? 100 bets of 1% of total? My bets are normally very small. I start with less than 0.05% of my bankroll, and then I martingale, I mean I double my bet every 10-20 rolls, and if I lose around 20% of my bankroll I just stop. |
|
|
|
~ Honestly, I haven't seen a banker or a casino close ~
Just think of it a little bit. If it were true that every casino was never going bankrupt that would mean the money making machine were invented. You just take a loan to open a casino. Then you paying out the loan from the profits. And then you are a casino owner with no debt, just making money for the rest of your life. Easy, right? No, no, it's not that easy. In fact, many of the newly opened online casinos don't last more than 3 months, first of all because gamblers don't want to play in new places, they prefer the established ones. Secondly, even if you managed to attract people by, say, a low house edge, maintaining a casino with one the lowest house edges is a hard job. All casinos identical to the house are the winners. Although as a new casino it also all depends on how they provide satisfactory service. Moreover, reputation and feedback from gamblers. Making low house profits is based solely on individual percentages. But the truth is that the casino can make a lot more even if it only takes a small advantage from the players.It can, but only if many thousands of players are registered there. What I meant to say in my reply to @gunhell16 was that opening a casino is never a guarantee of success. It's hard to attract people to your place, and it's even harder to maintain it on a proper level. Returning to the topic, Why is it so hard to win at gambling?, I would say that it is harder to profit as a casino owner than as a gambler. |
|
|
|
~ Here's my theory. People who were cashing out causing this current crash have actually made good money out of the whole thing. Now they are just waiting when it's low enough to buy again. No one wants to be too late, like, "Today it's $20k, I'll wait till it's $15k and then I'll start buying." The next day the price is $25k. "Oh, I'm f*cked! What do I do? Oh, the price is $27k already! I better buy now before it goes up way more." And so on. This way the very people who crashed it will make it go to another ATH.
And if it weren't obvious that BTC is going to be one of the best ways of payment in the future, it would crash completely long time ago.
OP, just don't think you are smarter than millions of the smartest people in the world. That's immodest.
By the time they buy back in it will be the same price they sold at so they wasted their time and also have to pay taxes on what they sold. I don't understand what you have written, but I think I know what you meant to say: no one ever profited from Bitcoin, people were only wasting their time on buying and selling it, and also some money on taxes. Brilliant! Those are hard facts, right? ~
TIME TESTED, UNIVERSALLY ACCEPTED INVESTMENT FACT:
Past performance is not indicative of future results ~
You mean, stock market prices are unpredictable? Try to understand it yourself, and stop "predicting" then. |
|
|
|
~
Good for you that hit ratio is works pretty well on your game. My experience is far different and the highest return that I can get on the normal spin is x2 but it's very rare so I just decided to play using buy feature since that is what I’m hunting when playing slot game. The eventis not visible anymore, I’m there is an attached tournament on the spinominal games specifically on demi gods and the prize is what I mention. I don't know if it's already removed or not but that reward pool is the reason why I play that slot games during its initial release. I really start liking the slot. Today I went to Duelbits and started playing Duelbits Book of Demi Gods III right away, because I wanted to check it's hit ratio once again after you said that in normal mode even 2x were rare. I hit couple of 0.5x of my bet, and also lost several of bets, but then for the first time in my playing this slot, that magic book, the 3rd one, stopped in the last reel and I won 10 free spins:   And then I was just watching a flick about my winning more and more with those 10 spins:      My bet was only $0.1 so in the end I won 126.5x of it  It was a nice experience. |
|
|
|
|
A) Colorado
B) Over
C) Yes
D) Colorado
E) Colorado
F) Colorado
G) Colorado
H) 11'
|
|
|
|
~
I have already posted this in other topics, but another method that can help is look if the casino/gambling site is being represented by the trusted campaign managers in BitcoinTalk. I believe there are five campaign managers who are very trusted by the community, who also have proven themselves deserving of that trust, and they have the experience to sense whether a casino is a scam, or not.
This is an effective method. No doubt about that. A respected manager will never run a campaign for a suspicious gambling site. This is the main reason why signature campaigns have been run here. Not because someone can click on your signature and be redirected to a site(those cases are rare), but rather because it can be seen, by whom the site is represented here. |
|
|
|
|
Show Posts
