One big thing you should worry when investing in casino is fake winnings. Owners of casino can just pose as players to steal investors funds. They can either make a big win (a huge chunk of a bankroll at once) or just make small fake wins each month, keeping you in profit, but less than you deserve.
Invest only in gambling sites with perfect reputation.
Problem is that the sites which are so trusted like primedice and others don't even accept investment and for the right reason, why will they allow their profits to be shared ? I think investing in new sites is like playing with ponzi sites. Investing in new sites might indeed not be that wise but there's a few good ones to choose from. It is too risky as they can easily run away when there operation will not be successful and they will take your money, online gambling does not offer the real information of the operator so it is hard to track them when they will scam the investors. I agree with this.. New online casino that offers investment to their sites for investors can run away your money if business is not doin well. Of course, not all of the new sites will do that but if you are not lucky enough then you will fall prey to these scam sites.. Better safe than sorry. |
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well based on what I read in different gambling threads it is only wrong if a person put gambling first than his necessities for e.g finance for family, education etc. gambling isnt wrong if it is only just a hobby in which u do sometimes only.
It is only wrong if the amount you bet will not succeed, if you lose the money not intended for gambling then that would be a huge problem afterwards because you will have to sacrifice some of your needs. Only the irresponsible gambler will do that, so the wise will be safe and will never call gambling wrong. We must at all times only gamble money that we can afford to lose. Otherwise, there will be greater chances that our life will be miserable. Gambling is not advisable for first timers if their aim is to profit big money. There is a learning curve on how to really win big in gambling and it needs a lot of patience and discipline to get to that point. |
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it is a mind problem with addiction to gambling it is the will to stop or the the will to proceed most of gambling addicts pretend that they just doing it for fun without noticing that they already loses a huge amount, really have difficulty to say whether you are addicted or not.
It really is hard to tell if a person is addicted or not they would still not gonna say they are addicted because they themselves don't notice it, but even if they are addicted to gambling if they have the will to stop themselves from addiction other gamblers can pretty much stop themselves from it, but not all gamblers can deal with their addiction, there are still some addicted with gambling and getting a hard time coping up! Addiction is a disease, so you would not notice it, the problem with addicted person is he is desperate enough to make money and will accept even if the chances of winning is too low. They would not notice as long as they have the money to gamble and only if they will become bankrupt which will disable them to gamble and force to stop. Well gambling for often times is really not a normal thing especially when you are thinking that it is going to be your profession at all. Unless you are going to be an owner of a gambling then that is going to be a good addiction. But being an addicted gambler really is a syndrome, because of the hope to win big pot makes gambling addictive. If you aim at winning big and you bet in a random manner, then a big chance of you losing is very high. Unless you have many sessions and have pre-planned bets then you have chances of winning in gambling. That strategy is just to rely on your luck and we know that it will not give you a consistent win as apparently luck is not consistent. In gambling, the key to winning in the long run is consistency and we can only have that if we choose the right game and use the proper bankroll management and big control to ourselves. that is right. we should have consistency in our betting - we must follow only our pre-planned betting and stick to it no matter what. Having bankroll management has something to do with sessions. You actually divide your bankroll into sessions and bet only per session. |
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One big thing you should worry when investing in casino is fake winnings. Owners of casino can just pose as players to steal investors funds. They can either make a big win (a huge chunk of a bankroll at once) or just make small fake wins each month, keeping you in profit, but less than you deserve.
Invest only in gambling sites with perfect reputation.
Problem is that the sites which are so trusted like primedice and others don't even accept investment and for the right reason, why will they allow their profits to be shared ? I think investing in new sites is like playing with ponzi sites. I agree that established sites like primedice don't offer investment for ordinary investors like us because they already have covered their grounds and can sustain losses from high rollers. Primedice has limit as to max amount of bet and has a number of patron gamblers that play to their sites almost daily which makes them daily profit they can take - it would not make sense for them to share to other investors what they are enjoying right now. You actually don't need an investor if you are the owner of primedice because they have matured in the market already and they were able to protect their reputation in the industry that is why they are consistently making money from the gamblers who patronize their site. I agree with you. Thus, chances of us investing to online casinos nowadays are only limited to existing online casinos that are accepting investors like betking and other sites that need more marketing to gain a decent amount of players. Problem with new online casinos that accept investors is that there is a big risk that the site will end up bankrupt for lack of players or end up running away your investments. |
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No safe on gambling.. Take risk and be ready to lose your money..
I agree there is no safe method in Gambling. But If you take Risk means there is some possibilities are there to make a profit in Gambling. Yes if we are putting our money in risk means before placing our bet we will think many times. So if anything works and if you are Lucky means in a single day you will make some decent profit. gambling is indeed risky and can vanish all of your hard earned money a second. However, if we practice how professional gamblers does, we can at least mitigate and can withstand losing streak and emerge as victors in the long run. That can be attain through discipline in betting, proper bankroll management, having many sessions, emotionless betting, and having pre-planned bet system in place. |
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Why is someone get addicted to gambling once he gamble ?
It really depend. There are some people who just gamble for fun and do seldom gamble. However, there are really people that are hooked at it due to experiences bigger winning before or have witnessed someone who have big winnings. They want to experience also that kind of feeling but on the process they are losing and is now chasing their loses.. That's the start of their addiction - habit, everyday gambling chasing loses.. |
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It's fun because of the feeling, the hope you got when you are betting to win. I wish there were more winners than loosers though. But that's the gambling business..we can do nothing about it. Also, it's really fun when you got friends with you. They're encouraging you, giving you tips about gambling and helping you in the end. It's fun for some of us until we loose - it depends on how much you're betting: less than you can afford or more.
You are being realistic here and as a gambler that kind of attitude is all we need, gambling is really fun to do with as you will be experience the thrill while are playing and you will be entertain if you are mainly looking for that, however it would not be fun for people who aims for money as they will experience losing in the long run. That is right, in gamble we always won and we always lose.. For me, the fun thing is when we cashout our profits. I practice to not get excited when betting and only have fun when cashing out the profits. Having no emotions and just play according to pre-planned betting is less stressful than by just random gambling. |
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Yes girls do gamble, We just don't ask a someone who has a girl's name if she's a girl or not because for us when it comes to online and we saw a girls name we are thinking that its a man. We will only believe if she's a real girl if she will provide us such evidence to prove herself. But girls doesnt provide evidence because that is only a waste of time for them and they doesnt need to prove anything from us.
in one of the online casino I played, most of the players talking in the chat room are girls.. Mind you, they have high profits and are the one giving tips to new players. They also are the ones giving advice to new players and maintain friendly environment in the chtaroom. |
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To fight any addiction, you should always keep yourself occupied with something: your hobby, sports, socializing, work, books/movies/games, etc. When you are bored you are very vulnerable to addictions, so keep doing something all the time!
addiction really comes from a habit. If you will start a new habit for quite a long time, then the old gambling addiction will be replaced by the new habit - just make it sure that the new habit is more productive and healthy. That would be the goal (becoming healthy and productive) if we want to get rid of a bad addiction. |
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It may be true that the greater the stakes the greater the benefit. But it can be obtained if we win, and if we lose it will be very detrimental. I bet a little better but it can be profitable and do not spend all my bitcoin.
If we have big bankroll and have many sessions that can withstand many loses, then we can try to risk big but I'd rather be earning few and win many times than earning big and very seldom.. The chances of hitting big is like having winning small only if we have big bankroll for big bets.. |
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Well i suggest you to use that for trading since price of bitcoin is unstable and you can double it in no time. And i don't want to suggest a investment or gambling sites since both of them are mostly scam.
Yup trading is a good idea. But now it is bit risk because the price of the Bitcoin is fluctuating like a hell. So we don't know what happen tomorrow. So don't do any other stuff few days. Once the price is stable, then you can choose whatever you interested. If you can sell your coins now, you will get only 100$ profit so wait for a right time. agree with this.. now is not the best best time to sell coins, instead it's best time to buy more if you have the extra cash. the price is not stable at the moment and for investors who have all time live with the potential of bitcoins as much as they could. However, we should only invest money that we can afford to lose - it is always our prime consideration and rule to investing. We don't want that all of our hard earned money will just vanish in a moment. |
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Yeah i think gambling is fun and will always be fun, its thrill me everytime i gamble, its feel really good if you can win something even its small winning, its make you feel like you are in the top of the world, and for me, gambling is a game, game of probability, so gambling is an exciting game and great entertainment
it is really fun but now, I'm practicing to remove emotions when gambling.. because if we put emotions on it, we tend to get greedy and lose.. I learned it from my friend mentor and I like it this way - less stress and more profit as I see it compared to just random betting. The chances of losing in random betting is very high comapread to compartmentalized sessions and right bankroll management. |
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You can lose 100% of you wealth or whatever you bet on gambling. It's how much you regret when you lose.
Exactly, it is obvious that the more you gamble the more you lose, now it depends on what capital you have, if you have 0.5btc you will lose that and even if you have 5btc you can lose that one as well unless you stop gambling. It is not base on your capital or bankroll in gambling terms, you should also learned how to do the proper bankroll management and when you know that already you have to be discipline to follow that regardless of what will happen during your gambling session as the moment you break the rules your emotion will take over and you will lose easily. I could not agree more to this. When you have the system and pre-planned betting, you must follow it however you feel lucky don't bet more than you pre-planned bets.. |
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The moneypot team has done a good job of showing they can handle investors money and turn a profit. You may want to consider looking into that
I am also interested in investing to online casinos.. have you invested in moneypot as already yahoo62278? how was it and how do we cashout earnings, are there any threshold? thanks |
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I think that gambling is only good for the casinos etc. Gambling is mainly made to have fun and maybe make money, it could be to prove something will happen. Anyone who makes money from gambling for a living is not going to be making it sustainable.
At this point in time on me, I can also tell that it is not sustainable yet because I am still recovering from big loses.. But if these strategies of mine will still prove as they are today, maybe gambling will be sustainable for me a year from now - but hey, who knows? |
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Both, actually.
Betting is my way to make some profit. You need to have some knowledge on what you bet to be profitable.
Gambling on slots however, is more fun. Sometimes I lose, sometimes I win.
in my case, I nether bet for profit nor for fun.. I always try my best and is now getting good at it to gamble without emotions. So, I don't gamble for fun nor for profit at all.. the only fun part would be during the cashout. |
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That thing happens to me very often whether i am gambling in dice sites or i am having sports betting in soccer,basketball or cricket.
I am gambling since 2 years and that thing mostly happens with me dont know i am unlucky or there is some reason behind this.
Is this happens with you also? Can u figure out what is the reason behind this ?
well, I don't think so. maybe the reason is that, when you lose on smaller bets, you can still win it back by betting a little high amount of bet. However, if you have big bets and lose you have hesitations to win it back again with bigger bets (or you don't have more bankroll to win back your lose). this is just my thought though.. |
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Hello Everyone,
Since last 1 week, The Bitcoin price is going down. Last week it was 650$+, Now 550$+. I don't know for what reason it is going down. So because of this price down, is there any change in your future plan?
None. I treat bitcoin as a log term investment and when you look at that, prices doesn't matter to you. When it goes down further, that is the best time to buy actually.. |
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Hello guys I am addicted to gambling.How can I quit this?
We got addicted through habit. Just change your habit. I know it is hard but you can do it. Try to have healthy lifestyle.. go for a run.. talk to friends.. learn new things in life and stick to it in 40 days.. Run every single day for at least 40 days and you won't notice it that you will automatically go for a run without planning, that time you are already building a habit - just like in gambling. |
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