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3241  Economy / Gambling discussion / Re: Rise of Streamers in Online Gambling on: July 29, 2022, 05:28:34 AM
It's basically a type of advertisement for the casinos.

Streamers are not getting into every single category of life, and they're creating content for whoever pays for them

Casinos are happy to pay a content creator to showcase their casinos, because it makes it easier for other people to gamble there once they've seen how it works.

YouTube, twitch, and others, are basically the new advertising platform. People watch videos there for free, so they are advertised many products, including casinos
3242  Economy / Gambling discussion / Re: [Discussion] Should Gambling be Banned? on: July 29, 2022, 05:23:41 AM
Snip

In the country where i come from, to be eligible to gamble, one has to be of a certain age of reasoning and taking full responsibility of ones action (18yrs), as gambling involves a lot of risk, patience and skill, which to me i see it as a double edge sword which could make an individual millionare in few minutes and likewise turning millionaire bankrupt in the same few minutes when game doesn't go as planned. And it is a fact that for every game of gamble, the chances of losing is always higher than that of winning, which is why if you could actually win, the reward is always huge. So for me, gambling has done more good same way it has done more bad too, but just that people just have to be willing to take full responsibility of whatever actions that comes while gambling


Yeah, I think that's a reasonable policy.

Gambling should only be available to adults, like alcohol for example.

You can have a good time with gambling and not ruin your life, in the same way that you can enjoy a few beers without becoming an alcoholic.

But you can easily end up in financial ruin by gambling, so you need to be an adult to make responsible choices.

I think it would be silly to ban gambling because people that want to gamble would still do it anyway, but everyone involved would be worse off. Even the government, who wouldn't be able to get all the gambling taxes.
3243  Economy / Gambling discussion / Re: 2022 FIFA World Cup in Qatar - UEFA Qualifiers on: July 29, 2022, 05:19:39 AM
Snip

With this is team event and just one or two players can't do anything to win because a strong team combination can give upper hand to any team right now Messi is desperate for this win because this is only trophy which is missing from his career and legendary name things are not easy for them right now but still they are doing good job recently and have good chance for going through in last teams which are strong enough for win this title.

As usual, we have two strong contenders from South America for this event and few quality teams from Europe which are usually doing good in last two decades now we have to watch for last result as these both teams can break strong hold of Europeans, or again they are going to win and having another event in their name and going to rule for another four years on soccer world.

Yeah, Argentina and Brazil are absolutely going to pass to the next stage in the world cup. I would even say that Uruguay will be  there as well.

Europe does have more countries that have won the cup earlier though, so there will be a lot of competition there.

It's really hard to know which team will end up winning, but my guess is that the final will be a country from Europe versus a country from South America.

Can't wait to see the world cup
3244  Economy / Gambling discussion / Re: An alternative to gambling with money. on: July 29, 2022, 05:09:35 AM
Snip

Why would a former alcoholic person would go to a bar if he's trying to get rid of his alcohol problems, that same person will of course be exposed again and get himself back to zero after all that hard work he or she put into just to hold his/desires. The situation is not the same with an addicted gambler because every move you make even if it's just watching sports, you will be tempt because of the advertisement about the betting sites and its odds.

In a normal life lots of people go out and socialize at bars, so if the ex alcoholic wants to meet with some friends then he might end up in a bar.

Also any social occasions like weddings, parties, etc, might have alcohol available, so it's up to the ex alcoholic to not drink.

It's the same with the gambler, it's almost impossible to not have external factors showing you gambling stuff, it's up to the gambler to decide not to gamble, even though the person is exposed to it.
3245  Economy / Gambling discussion / Re: Does bitcoin dump have any impact on gamblers ? on: July 29, 2022, 05:05:47 AM
Isn't it obvious it is going to have an impact on the gamblers? Those who hold bitcoins and sometimes gamble with their bitcoins are now going to gamble less because the value fell which means they will have to gamble "more" of their coins which might make them lose more coins, hence less likely to gamble more and wait for the market to recover. They literally have less money to gamble with than before. On other hand, those who just invested during the dip might want to gamble more, for the exact opposite reason. They won't be losing much in value, but if they win, they will be winning more coins and if they hold their coins for long term, they are making some good profit.

Some casinos might have the ability to place bets on Bitcoin directly, not in fiat.

In those cases I think it won't matter too much if the price of Bitcoin changes, because the actual number they bet would be the same. It's just the purchasing power of the bet that changes.

But yes, some casinos use the fiat value to gamble, so in those cases it will make a difference, specially if there's a minimum bet
3246  Economy / Gambling discussion / Re: FIFA 2022 world cup on: July 29, 2022, 05:01:53 AM
Snip

Qatar is very serious in its preparations to host the 2022 FIFA World Cup. Even now I want to know news about the stadium which will be equipped with full air conditioning facilities. whether it is finished or still in progress. I haven't found any news about it yet.

about money, then Qatar is no longer in doubt. they are rich countries. so I think the preparations will be very lively there.

But is the pandemic over in Qatar or have the restrictions been lifted?
but the WHO itself said that they were not worried that a new spread of Covid would occur due to the holding of FIFA 2022 in Qatar. It looks like WHO puts full trust in Qatar and is optimistic that the 2022 Fifa world cup in Qatar will have no obstacles.

There are many unknowns still for the world cup in Qatar, for example, if they're going to allow the sale of beer inside the stadiums. At the moment it's not allowed, but Budweiser, which is one of the sponsors, seems to want to push for it. It worked in Brazil, they changed the laws there, so we'll see if it works in Qatar.

About Covid, I'm sure the event will go on anyway, independent of how many cases there are. There are new waves pretty much everywhere in the world, but most countries are against putting restrictions anymore.
3247  Economy / Gambling discussion / Re: [Infographics] Does Football Betting Pay Off? on: July 28, 2022, 05:02:43 AM
There's probably an issue in relying on people to answer honestly (and know) whether they've actually made money on it or not.

I guess a lot of them with higher profit chances probably bet on fewer games (maybe just a final/semi) while those with a higher majority making a loss would be more likely to bet on more games (some might also watch matches and factor a bet into their ticket cost).

You get better odds if you bet against your own country too (that's probably why France and the UK are high Smiley ).

Absolutely.

That's usually the case in gambling. People will always tell the stories about when they won, but forget to tell about all the times they lost money.

Some people seem to simply forget the times they lost, and celebrate the times they won. It's funny how the brain works. And casinos try their best to make gamblers continue to play for a long time, so that they win a few times, but in the end they lose money if you actually count the money in and out.
3248  Economy / Gambling discussion / Re: Gambling and Fengshui on: July 28, 2022, 04:59:09 AM
You have to stay focused on the primary goal, win! we must reach victory by our abilities, anything that helps to achieve victory is welcome, but we must not lose the objective and then putting esotericism or luck beliefs at the forefront of your chances of winning.
If you are a professional gambler where there are people relying on your back, yes your main focus must be on the winning side but if you are not like that, I don't think win must be prioritized because your money is the only one that is staked here, you don't have sponsors which can cover your expenses and we all know that its hard to win in gambling.

You will have a tendency to come back and do that same ritual again. That's why I think it's wrong but our main focus in that case is only to get entertained and if we are playing to get entertained we won't risk bigger amounts. We can also control ourselves easily. We don't play again right after we lose our balance.

I would say the only professional gamblers are the people employed by the casinos. They play the same, always, and have a slight advantage compared to the players that bring their money into the casino.

If it were possible to consistently earn a lot of money from the casino, then they wouldn't be as profitable as they are.

The math is clear, in the long term, the house wins.
3249  Economy / Gambling discussion / Re: An alternative to gambling with money. on: July 28, 2022, 04:55:13 AM
Snip

Will it be the same as a sober guy or the one who stopped smoking?
Because gambling will always be there, unlike for someone who stopped smoking cigarettes, after a year or 2 they don't like the smell of that smoke anymore, it makes them puke. I know from experience.
But gambling is different, when you watch sports it can trigger the desire to bet for your favorite team and most pay-per-view now shows advertisements for gambling like Draft Kings in NBA. Then, even the commentators are talking about how much the odds are for over and under total score.

I think they are a bit similar.

As long as you're exposed to the thing, there will probably be some kind of pull to do it.

For example, if the ex alcoholic goes to a bar, then he will probably have a beer.

The same with the gambler, if he watches a match, then he will probably will end up gambling on it.

I feel like removing yourself from the situation is probably the best way to not do anything addictive in the first place.
3250  Other / Off-topic / Re: VAR: Has it improved football or has made it worse ?* on: July 28, 2022, 04:50:12 AM
The history of VAR

Football’s first real brush with technology began at the 2014 World Cup, when goalline-technology was implemented into some of Europe’s biggest leagues. It came four years after the controversy over Frank Lampard's strike for England against Germany being missed by the officials: the goal was not given despite it clearly crossing the line.

Frank Lampard's disallowed World Cup goal was a pivotal moment in the future of technology in footballGero Breloer/AP2010
VAR was used in a major tournament for the first time in 2017 at the FIFA Confederations Cup. In the same year, the Bundesliga and Serie A became the first of the world's major leagues to take the plunge with La Liga and Ligue 1 following suit a year later. The Premier League bowed down to the inevitable and implemented VAR in 2019.

FOOTBALL NOW is a new show that brings to light some of the global game's biggest issues, challenges, and debates.

VAR. Like it or loathe it, it appears to be here to stay. But has it actually made football better or has it added another unnecessary layer of complication to the beautiful game?

COMPLETE Source HERE

In my opinion I think VAR has made football a bit worse.

Now it's being used multiple times per match, wasting precious time. And sometimes even after the review it's not really clear what the actual action was.

I much prefer football with human referees only, and whatever they were able to see. That's why there are assistant referees, to help the main one.

At the end of the day I prefer the judgement of the referee while the play was happening, not after reviewing a video of it.

It's slowly turning into RoboCup, which is not at all as fun as football.
3251  Economy / Gambling discussion / Re: FIFA 2022 world cup on: July 28, 2022, 04:36:08 AM
Snip

It's a shame that gli azzurri didn't qualify for the world cup qatar. bad luck befell italy, the successive failures that italy got seemed to be a disgrace to the country because previously it had won the euro 2020 title.

I think you are right, in the last two decades the world title has always been won by the european continent. Even so, maybe it's time for the championship trophy to move in favor of Latin America.

as you said, talking too much about who will win is not easy.
This also applies to the European continent, they will not be that easy to beat the squad from Latin America which in fact several Latin American countries are in their best performance.
there are only a few months left for the tournament to start so let's wait for the celebration of the most prestigious event in football.

I think it's safe to say that the winner will either be from Europe or South America.

That's pretty much what has been happening since the beginning of the tournament history.

But probably from the next world cup things will change, as there will be a lot of changes in how the teams qualify and the way the tournament is played. I think it will be more competitive for the rest of the world.

We will just have to wait and see. It will be entertaining for sure though
3252  Economy / Gambling discussion / Re: People are not only gambling to win but they are buying entertainment on: July 22, 2022, 10:47:09 AM
I really like gambling it truly entertains me x) indeed, I often lose some money, but it's not so important to me. I like the feeling of risk and it's cool to guess whether I will win now or not, whether the round will be successful or not. I don't bet large sums, but luck has been kind to me lately, so maybe soon I will play big... 

Well, that's the thing with gambling, it only takes one big loss for you to basically be financially ruined. If you enjoy it just for fun, it might be better to keep the betting amount low, because that way you can afford more games.
3253  Economy / Gambling discussion / Re: 2022 FIFA World Cup in Qatar - UEFA Qualifiers on: July 22, 2022, 10:27:39 AM
This semi automatic offside detection technology seems to use cameras to detect the limbs of the players.

This type of technology not always works as intended, and it gives slightly different positions of the arms, legs, etc, because it's based on general training data.

I know that the PR department of whoever made this and FIFA will say it's "perfect" but it's not.

It's not as perfect, as for example, a finish line detection system in races, where you have a robust system that detects exactly where a point (person or animal running) touched the plane of the finish line.

This technology is way more complicated and it won't work as well. It will just allow the referee to make a bad call and nothing can be said about it.
3254  Bitcoin / Bitcoin Discussion / Re: Will you be in favor of Gold or Bitcoin !! on: July 22, 2022, 09:53:08 AM
I can't compare bitcoin to gold because they are both different in many ways. Although I aspire to have both Bitcoin and Gold. Also, Gold has been used for a long time around the world and is often used as a backup in each country, any country that has a backup of a lot of gold can be said to be one of the strong countries, and when it comes to virtual assets or digital currency Bitcoin, on the other hand, is the most prominent aspect of this industry.

Norway would be one example of a rich and strong country, and they basically have no gold reserves.
3255  Bitcoin / Bitcoin Discussion / Re: Does Bitcoin have real value? on: July 21, 2022, 07:39:01 PM
The answer of this question is very simple.

If you're able to trade Bitcoin for anything else of certain value, then the value of Bitcoin is exactly that.

One thing I've come to learn from the conversations on this thread is to distinguish between value and price. Value is qualitative and price is quantitative.

Something is of value if it enhances the life of the valuer in some way. Water, for example, is of value to human life. We need to consume it at least every 3 days to survive (in hot climate the time period is shorter).

Something should be assigned a price ONLY if it is of value to your life. The price reflects the cost to acquire that thing from someone else and/or the existence of alternatives. So in a place where there are a variety of places to get water, then the price of water will be low. However, in a place where water is scarce, then the price will be high. The fact that the price is high doesn't mean water is more valuable, and the fact that the price is low doesn't mean that value has decline. It just means the costs to acquire it from someone else has change. The value (i.e., needing to consume it every 3 days to survive) remains the same.

Now, people can be mistaken or defrauded into thinking that something is a value when in fact it does not. And so they can be mistaken or defrauded into assigning a price to it when they shouldn't. This is why relying on the fact that others have assigned a price to something as a determinant on whether it is a value or not is not a good methodology to operate from.

Oxygen is very valuable for human life, but the price is free.

It's not always the case that something very valuable is very expensive.

Also value depends on the individual and the area they live

Some people value different things differently, and so on.

Basically there's no single price for something. Every person at different times value everything at different prices.

The markets try to get close to that real value with estimates, and people react accordingly.
3256  Economy / Gambling discussion / Re: An alternative to gambling with money. on: July 21, 2022, 07:35:29 PM
^

I think it depends on what goal the players are pursuing. If they spend their free time, they can play for fun. I remember when I was a kid, we played card games and the one who lost had to fulfill some harmless desire and in fact we were quite enough excitement. If a player is used to playing with real money then of course he will not be interested in playing with fake money, as the most important thing for him - encouragement - will be missing.

Yeah, but that's like the origin of money, barter, in the end that gambling will evolve into real money because barter is not a great way to get what you want from everyone all the time.

It's the same with what happened with money.
3257  Economy / Gambling discussion / Re: Can change of environment have an effect on gambling addiction. on: July 21, 2022, 07:33:39 PM

looking for a healthier activity can divert to the desire to gamble, if overall it still doesn't work out, a gambler needs to realize that he must get professional help and the last option to do is seek treatment and move to a new environment that is sterile from gambling.
I agree with you, in this modern era, everyone uses smart phones and gamblers participate in gambling through smartphones. So I don't think the space or environment change will bring much success on this issue. But I believe that only if one can concentrate on the job and  can learn the bad effects of gambling and deserve it then it should be possible to prevent gambling addiction.

It depends.

Some places will keep your mind busy in other things, so you won't have time to spend in your phone and therefore gambling.

It also depends on the person as well of course.
3258  Bitcoin / Bitcoin Discussion / Re: Is now a good time to be investing in Bitcoin? on: July 21, 2022, 07:32:13 PM
Better late than never
Follow the trend
or you'll be far behind

I think it's more than following the trend.

Investing in Bitcoin is basically saving.

It's always a good time to start saving.
3259  Bitcoin / Bitcoin Discussion / Re: Will you be in favor of Gold or Bitcoin !! on: July 21, 2022, 07:30:48 PM
Gold is nice since you can buy it and then have a nice thing to look at. Bitcoin however is way more advanced and can be easily send around the world. Since bitcoin can never really loose its value -like gold-, Im on the side of bitcoin. Even if you have to admit that longterm gold will always be a good investment either.

Well, you can of course look at a nice shiny object made of gold, but you can also watch a visualisation of the blockchain, the transactions, Bitcoin balances, and .any other aspects of Bitcoin.

I actually prefer looking at Bitcoin than any other physical object.

There is some kind of nice feeling knowing that something so valuable can be invisible to the naked eye. It's the same with air for example.
Why would need to choose if you could able to buy both if your budget or fund allocation permits you? Some are just too focused on bitcoin or on crypto without even thinking about traditional investments which

neither be in gold, stocks,indices,forex etc. which it could really give out that kind of security on some aspect specially on gold but its on personal choice though since we do have different inputs or insights
on different things in terms of investment.

If you do love shiny things and a bit security then you would really be choosing up gold but if not then you would opt for bitcoin but if you do have the money
then why not go for both?

Well, one reason to not invest in gold is that I find it very difficult to protect and carry.

Also it's a bit difficult to invest different amounts of money, unless you're simply buying gold stores somewhere else, which kinda defeats the purpose.

Also, I'm always a bit paranoid that the gold being sold is basically fake.

Most of the shops that buy and sell gold look very shady. I know that some countries have proper gold buying/selling locations, but what if I have to move to another country?

Also, moving gold around seems stressful.

With bitcoin all those issues don't exist
3260  Economy / Gambling discussion / Re: People are not only gambling to win but they are buying entertainment on: July 21, 2022, 07:20:11 PM
Gambling is for both winning and buying entertainment but it is limited because the rate of losing is higher the the rate of winning.
    Most gambling are games we understand and know very well, so because of this we feel we are experts in them.This motivates us into involving cash into the game believing we must win.
   Now imagine when you are entertaining yourself and you still get paid for it meaning you win.You will feel more excited this is what keeps you gambling forgetting there is a house edge.

Yeah, that's part of the techniques used by casinos to keep gamblers playing as long as possible.

The longer you gamble, the closer you get to the mathematics behind it all that say that the casino will win in the end.

Every time the gambler wins something, he wants to stay a bit more. If it was only losing, less people would stay.
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