I wouldn't say it's always about the money, it's also about the thrill of the game and the possibility of winning. The excitement and anticipation that comes with gambling is one you can't find else where or replicate, and that excitement alone is worth the risk of losing money on the process.
is it really worth it in the end? I believe that all of us gamblers are more oriented towards profit, not just the pleasure we get from paying for the game. We have to be realistic, most gamblers still feel regret or disappointment when they experience a losing streak and very few wins. Even though this happens, every gambler will still return to the game and continue betting in the future. I think this whole thing highlights one of the biggest problems with gambling, which is the cycle of chasing losses. Even when a gambler experiences more losses than wins, you still find them pressing harder and harder, and the more they go, the higher they stake and the more they lose, this has proven the most dangerous cycle in gambling and many gamblers fall into this ditch without even knowing it, they continue to gamble, with the hopes of eventually hitting that big win and recovering those lost fund without knowing that this cycle can very hard to break because it leads to even more loss, only a few people have been able to do it. |
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Pressure is something that no one would want to have at all there are some pressure that can even bring a man to see his end. So many things in this our human world can cause pressure to a man.
An example of this pressure am talking about is this our economy an economy where things rises everyday but no sufficient fund to back up with. Ok Imagine I bought a soup for 250 naira just after three days I went back to get the same soap I was told the soap is now #350 imagine me that have only 2k and have already scheduled how to spend it before I will expect something in the day coming this kind thing is another pressure I just dropped this one, there are many more bigger than this one.
How can a family man who earns 50k with 3 kids and also paying for rent feeds and many more, how can he with stand this economy pressure where there is no stability no mouthwatering salaries at all. This days we wake up and pray things should get better but it's like our country does not accept prayers everyday increments.
I completely agree with you, economy pressure is something someone can't withstand, especially when it comes with it's problems like bills, foods, especially now that things are very costly, which makes people go extra miles just to make a living or just to survive because in this our society, once the price of things are up, it won't come down again, so I think it's very wise for everyone to work very hard and advisable to go into cryptocurrency because anyone earning in cryptocurrency has more advantage of surviving the economy pressure than someone who depends on salary If a person can use this market to their advantage, more power to them, but this is a solution only a handful of people can effectively use, since there is a great deal of people that try it and then instead of protecting their capital and getting some small profits, what they get is scammed by a random person online and lose whatever capital they had left, so we must not deceive ourselves and think that this market by itself is the solution to our problems, because it is not. You couldn't be more right by implying that the financial market isn't the solution to everyone. On the contrary, it is infact a very big problem to those who are inexperienced or lacking adequate knowledge about how they work. Everyone in the financial market can testify that the risks involved in the financial market is humongous, from the risk of being scammed, down to the risk of losing all your money when you make a bad Investment. Before anyone decides to fully go into the financial market, there's need to always sort for the knowledge and equip yourself with the right resources, those are the things that determines how successful you will turn out to be in the financial market, or if you be out in a matter of weeks. |
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This is a fact that a lot of people have failed to put into consideration. If a person is struggling to pay their bills or meet their basic needs, then gambling isn't the best option for them, I know for some reason, gambling might look like the best way to multiply your money and then use it to pay off your outstanding bills. But this is the worse lie anyone can ever tell you, sometimes we even tell ourselves this lie, please whenever you feel that way, get rid of the thought else you might end up worsening your current situation by incurring more debts for yourself.
In an activity that people are likely to have losses more than they have wins, it would suicidal for anyone to use gambling as a means to service or clear a debt. Thinking rationally, it’s quite obvious that gambling is not a considerable path to follow in the pursuit of clearing a loan. But when people are in a fix and are under some pressure to repay a loan or to raise some money quickly, rational thoughts quickly fade away and they begin thinking irrationally. That is when gambling starts to look like a good avenue to make money quickly. By the time you start thinking rationally again, you’ll be left with no more money in your pockets and likely worse off than when you stepped into the casino. The irrationality that comes with financial pressure can be a very dangerous thing, especially when you're completely out of options, it is very easy for anyone in that state to start making wrong decisions, especially when desperation sets in. When a gambler gets to this point, gambling becomes a very big problem. Due to the financial pressure especially from debt, they start seeing gambling as a one way ticket make extra money to repay the debt but in reality it's more of a wolf in sheep clothing, it may seem like a solution but in reality only there to create even more problems for you and put you in a lot more mess than you already are, at that point, you view gambling as your savior when it's likely to make their financial situation even worse than it already is. |
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I’m pertaining to the side bet offered on the table games such as baccarat and blackjack that gives you a chance to win a certain multiplier by just meeting the certain requirements. I often avoid this kind of bet because it’s very rare to win on this and I’m only burning money that was supposed to be added to my profit whenever my main bet won while my sides always loss.
But recently I become lucky on side bet since I win x100 multiple time and x50 with 1$ profit. I realize that sometimes this side bet is the one that can give us the bigger profit once we get lucky compared when betting in fix amount while the result is just breakeven.
As the first response stated, it's a simple mathematical equation on value. If you've got a 50% chance of making $5 back from a $1 side bet, you would probably jump at the chance. However most of these side bets are uneconomical unless you know the specifics and how to extract the value you want from them. Take blackjack for example, if you get a pair you are able to split them - if somehow (not by card counting, of course) thought the the odds were in your favor, then you might choose to split it and play for the extra money available. However a lot of people get misled by casino games which engineer side games where they completely control the odds to their benefit, as their system is often a blackbox or prone to manipulation. It is true that many casino games are structured in such a way that they provide the impression of a fair game but, in reality, the odds are stacked significantly against the player. People can easily get caught into these games without fully comprehending the arithmetic behind them, or without realizing that the games are specifically designed to take advantage of human nature. Have you ever heard about the "house edge"? This is the casino's mathematical edge over the player, and it is present in all casino games. The house edge varies based on the game, but it is always present. |
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You are very correct and i completely agree with you, gambling for fun and gambling for monetary purposes is completely based on the person gambling, it is completely based on them and their financial situations, as like I stated before, some people are already very rich that, what they are looking for is what to spend their money on, and in this aspect, gambling is always one way rich people spend their money having fun, not minding how much they lose in the process, because for some of them, it's not actually losing but paying for the excitement they through gambling.
On the other, we can also see the average people who gamble, not completely for fun per say, but experience have thought them to always take whatever that come from their gambling activities, for it can't be changed, and this is why we still see several gamblers who show some form or regrets in different categories after experiencing a loss in gambling.
If gambling was generally a fun activity and everyone understands and agree to this, then no body should show regret any time they lose a bet, but unfortunately, people do and this proves otherwise that, gambling is not really fun for everyone.
Individual perspectives and financial situations indeed play a significant role in shaping one's approach to gambling. Not everyone sees gambling the same way. While some wealthy individuals view it as a form of entertainment regardless of the outcome, it's crucial to remember that gambling is ultimately a game of chance, and the odds are always in favor of the house. It's important for everyone, regardless of financial situation, to gamble responsibly by setting limits, playing within them, and being aware of the potential risks involved. For those who can afford it and see it as a form of entertainment, the losses are just part of the game. There is a major difference between individuals who gamble for amusement and those who gamble in the hopes of becoming wealthy. The latter group is most likely to develop gambling issues. The subject of regulation is complex, since some say that regulations can keep people from developing gambling issues, while others argue that regulation is a kind of government control that violates people's freedom. |
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You can add these two:
When you win little, do not gamble on that day again. But some gamblers will feel like they should continue to gamble and they will lose at the end of the day.
When you are addicted. Quit gambling for a long time.
That's one of the best strategy that I've been doing since then, and it works to me that's why I didn't lose big chunk of money in my pocket because whenever I win, especially if it's smaller amount, I thought carefully first if I can still place a bet for the money I have or if I should stop first because maybe in the end I will continue to lose. Gambling is really risky and you need courage especially when it comes to money and the values of money used or consumed in it are no joke. That's a really clever strategy! It's an excellent technique to avoid losing a lot of money. You're correct: it requires courage to risk wisely and know when to stop. It's all too easy to get caught up in the thrill of gambling and lose sight of the risks involved. I believe that gambling should be more severely regulated in order to avoid people from acquiring gambling disorders. |
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I've never bet anything so large that I would end up in a much worse position than I started in. I know serious gamblers, or more so professional gamblers, which I think is the more appropriate word, tend to take such large risks, but it's part of their game/job and it's just how they have to bet to make it work as a career. This is why unless you're that, I just wouldn't ever recommend doing something of this nature.
There is a significant distinction between recreational and professional gambling. A recreational gambler is doing it for enjoyment, thus they are likely to be more conservative with their wagers. A professional gambler is doing it for a living, thus they are more prone to take risks in order to win big. People should comprehend the difference between the two and only gamble with money they can afford to lose. |
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It is normal to expect that gambling, just like other businesses will continue to develop and advance as alongside technology. The internet revolution brought with it many new and smart ways of doing things, the reason we are experience serious improvements in traditional ways of doing things. As you have already stated, gambling have been and will continue to adapt to changes in technology and in line with best practices and operators will play their part to sustain their business.
Some areas gambling might explore in the future is something like telegram casinos which is beginning to emerge and which still need a lot of improvements. Soon, I feel many companies will begin to integrate something that simple to use in their businesses.
We were blind not to notice other sectors in gambling but sticking to on, however it's all in the past.The old days comes with alot of complicated task that were considered as hurdles for most of these gamblers. There was no other better way than following the system in plain techniques. I preferred the current days because there we have the vast sectors of gambling and we choose the odds that become convenient for us. There are large firms that have invested quit alot in these gambling sites and they're ready to level themselves to major phases. The gambling scene has evolved throughout time, with more alternatives and chances for gamblers. The rise of online gambling has also made it easier for people to enjoy various forms of gambling from the comfort of their own homes. You noted that there are now companies that are significantly invested in the sector. |
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My question is do you think gambling every day is better? From his reasoning and points of narrations.
Your friend might be onto something if he's tried this method successfully without becoming addicted. However, gambling daily isn't advisable for a responsible gambler, as it can develop into a bad habit and lead to addiction. There's no guarantee of increased winning chances by playing every day, but you might gain more insights into how the games work. Yet, the risk is becoming addicted and relying too much on gambling for income. To avoid the pitfalls of addiction and financial losses, responsible gamblers should steer clear of such frequent gambling. It will make more sense to focus on the potential negative outcomes rather than emphasizing the positives side of this method. You're right when you say practicing a game might give a player more insight about how it works. But it won't necessarily give the player any greater advantage over the house because anything can still happen. It's really not how much a person knows about a game, but more of their ability to control their behavior and avoid the Falling into the traps of addiction. |
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Gambling is not like a job or business so there is no chance of regular income from it. Gambling is a matter of luck, if your luck is good you will win in gambling and if your luck is bad then no matter how professional you are you will not win in gambling. so thinking of making a regular income from gambling is nothing but a foolish thought. Gambling may not be used for any purpose other than entertainment Then neither money nor fun will come from there. so everyone should keep this in mind.
When I first started gambling I won gambling for several days then I thought I would earn a small amount of money from gambling every day. After several days I made some money like this and suddenly one day I lost all the money due to excessive greed. I understand that gambling should not be overloaded and that gambling should not be taken as a profession. Gambling is fine for those who can take gambling as entertainment and those who gamble for money should stay away from gambling. There's a significant distinction between seeing gambling as a form of entertainment and as a means of making money. When someone sees it as entertainment, they are more likely to be able to stop when they've had their fill and walk away when they've lost what they can afford. However, when someone perceives gambling as a way to gain money, it can be difficult to quit, even if they are losing money and it is negatively impacting their lives. |
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...
From my opinion, I think there isn’t any need to stake or risk one’s money on a game simply because you want to catch fun when you could simply not risk your money and still have fun while watching same game.
but there are people who gamble their money because they want to feel the excitement of gambling. they are very excited when they see the slot machines spinning or see the ball on the roulette machine spinning and almost hitting their number. maybe we will think that they are strange because how could they like to waste money like that, but that's gambling, sometimes you will find people who just want to have fun when gambling. because a gambler won't get this excitement when they just see the game going on, but when they put money into the game, that's where the excitement of gambling begins. I wouldn't say it's always about the money, it's also about the thrill of the game and the possibility of winning. The excitement and anticipation that comes with gambling is one you can't find else where or replicate, and that excitement alone is worth the risk of losing money on the process. |
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Yes a thousand dollars is not much for a rich person but for a poor person it is equal to 1 years income in some countries. So everyone's risk taking ability will not be the same. Because of this, everyone who calculates their income and expenses should spend only as much of that extra money as they can afford to lose on gambling. then he can enjoy gambling and if his luck works well, he can win something big, it will be a very big gain and even if he loses it, he will not have such a loss that can cause him much trouble. So how big or small risk one takes by using less money or more money depends on his risk taking ability
In gambling, every people must know about how bigger risk they can handle, no matter they are rich or poor people. When someone can't calculate the risk and use much money to gamble, they will get a big risk to lose their money. People must realize that losing their money in gambling depend on the money they can afford and if they can't risk bigger, they don't have to use big money to gamble. We need to know about manage the risk not become bigger and break our limitation in gambling so that will not make us lose much money. Playing gambling is no need to use much money because poor people can enjoy playing gambling with enough money. They can minimize the risk not become bigger by always limiting the budget that will be used for playing gambling. Yes I agree with you and think that people who want to gamble must know the risk of gambling very well. It doesn't matter whether the person is poor or rich when he goes to gamble he must use the amount of gambling according to his ability. I wouldn't say that rich people have a lot of money so they should use more money to gamble. those with higher incomes also have higher expenses. so no matter how big people are financially they are not happy. so in all cases one should use the amount of money one can afford to lose Whether a wealthy person have more money to spend on gambling, they also have more expenses and might not be happier than someone with a lower income. So regardless of how much money a person has, it's always important to gamble with an amount you can afford to lose. And it's also very important to first have the knowledge of the risks involved in gambling before getting involved, whether rich or poor |
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I think were you need to spend more is to develop your site which you need to hire dev/ who will build your casino site, and to get a template they always have some sample to show you how you would want your casino site to looks like. Same people might help you reach out to all that you need or i will suggest you move this question to the project development board, I think you will get the best answer over there since most dev doesn't post in this section of this forum most of them aren't gambler they finds it very hard to post here.
Yes, the most important Investment for a new online casino is in the website as well as it's development, rather than things like marketing or customer acquisition. When you present a well designed and user free website, you'll find your casino attracting and also retaining customers, after a cool website, then you can go ahead and go for other things. |
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Thier add been series of positive changes in the world of soccer that has made the game of soccer to become fair and professional to the extent it is now, the introduction of goal line technology, auto offside dictation, VAR and lots more have contributed in reducing the extent of error committed by both the referee and lines men as a result of Thier impafect human nature. But Thier had been limitations of these t technologies mostly expecially the var as at the end of the day, it's still human being that do the VAR jobs so I'm wondering if an AI can be created to carry out the job of the VAR.
More like, the AI can auto dictate whatever foul or error that was commited by a player and just gives a final verdict that's obviously going to be unbais
AI powered VAR may seem to be the future and the solution to eradicating human error from the game, but we must also understand that AI powered VAR could also have its disadvantages. One issue that has already been raised about AI powered VAR is the potential for it to make the game too clinical. What I mean by this is that, some people are afraid that if every decision on the soccer game is made by an AI, it could take away some of the human emotions as well as the excitement from the game. Although imperfect, but there's still something very special about the human refereeing, like when a referee makes a questionable penalty call to a team that's been fighting hard and the spectators goes wild or when the referee chooses not to award a Penalty that he's supposed to have given and the crowd is outraged, for this reason, people argue strongly that AI powered VAR would somehow take away the fun of the game. |
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This is the beginning of addiction. Or you are not gambling with too much money? I guess that you are gambling with more money because as you are unable to control your gambling activities and unable to restrict yourself not to gamble, this will make you to be spending more than necessary on gambling. Also that even if you are not wasting a lot of money on gambling, as long as gambling is taking more than the time you want, it is still an addiction.
Even if the money spent isn't that high, as long as the time spent is more than you plan or anticipated to spend, it could be harmful to the gambler. It could result to someone missing out on other activities and opportunities, like spending time with loved ones or working on their career. Gambling addiction is more about how it affects a person's life that how much they spend or what they feel when they're gambling. So addiction isn't really always about the money lost while gambling or even the emotions, but mostly about the impact of the addiction on the person's life as well as those around him. |
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Pressure is something that no one would want to have at all there are some pressure that can even bring a man to see his end. So many things in this our human world can cause pressure to a man.
An example of this pressure am talking about is this our economy an economy where things rises everyday but no sufficient fund to back up with. Ok Imagine I bought a soup for 250 naira just after three days I went back to get the same soap I was told the soap is now #350 imagine me that have only 2k and have already scheduled how to spend it before I will expect something in the day coming this kind thing is another pressure I just dropped this one, there are many more bigger than this one.
How can a family man who earns 50k with 3 kids and also paying for rent feeds and many more, how can he with stand this economy pressure where there is no stability no mouthwatering salaries at all. This days we wake up and pray things should get better but it's like our country does not accept prayers everyday increments.
I completely agree with you, economy pressure is something someone can't withstand, especially when it comes with it's problems like bills, foods, especially now that things are very costly, which makes people go extra miles just to make a living or just to survive because in this our society, once the price of things are up, it won't come down again, so I think it's very wise for everyone to work very hard and advisable to go into cryptocurrency because anyone earning in cryptocurrency has more advantage of surviving the economy pressure than someone who depends on salary |
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That's true, it's very important and better to save while still in a young age especially the way our society it's going now, if we say there is time to make money, let's still enjoy now, when the time comes, we will hustle. That's very a bad idea to think of, like this now, we have every reason to make money at young aga because the world has advanced so much that we have start taking care of ourselves in our 18 and above, we don't longer wait for our parents again, also save while being young saves us a lot from the future and we will be rich forever both for our children.
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Good advice. Most analysts dem talk sey once Bitcoin cross $51k and stabilize above am, bull run don start be dat. But for someone like me, na last quarters of 2023 bull run start for my eyes.
If you should take a look at it very well, bullrun started in January 1st 2023. At the time, bitcoin was around $16500, 10 months were green candles while just two months with red candles which were even mild. Bitcoin got to $44700 in December 2023. Just that the bull run has continued this year. That could be true but only at some point. The market indeed had a very nice run up from January to December of last year, but I'd say the actual bull run started in March 2020 when the COVID-19 lockdowns started, that was the same time the Fed started pumping money into the economy. Prices went up and down a few times during that period, but if we observed very well, we'd see that the trend was mostly upward. But the question should be whether the trend that started in 2020 is still the same as the one now or if we've entered another bull run altogether. |
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Why I bring this talk be say. I don observe say most of our people way get money they hardly bring out their money to take do business with the other person, I kw no if na fear or greed dy cus this whole thing. Because if 5 person’s way get like 500k join head together then fit established a business way den fit they share profit together. But for this part of Nigeria we hardly see average people way fit take that kind of step. My people I fit kw dy totally correct oo. But I just say make I talk since I don reason am in a way.
5 people bring 500k each, that's 2.5million. so you think say if them pack 2.5 million give you make you open business for we country Nigeria, and say you go dey splot profit into 5 places, you feel say you fit come up with any business wey fit carry that kyn hit? I don observe say na poor man wey no get money dey business ideas pass person wey get the money. When u no get 1 million, you go fit come up with like 10 different businesses wey fit dey give you better money,but when that 1M enter your hand, e go be like say the money just sharperly erase all the business ideas as well as the enthusiasm wey you been get. Make you no surprise say even if them follow this you theory, the business fit still fall within few months |
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The Chief Whip of the Senate, Senator Ali Ndume said the federal government are gaining from the inflation in the country: Ndume said rather than losing out from the naira depreciation against the dollar, the Federal Government is gaining more revenue to fund its 2024 budget. They think we do not know? Another is the salary they are paying there workers. The minimum wage was ₦30000 when dollar was at ₦365 when people were complaining of high cost of living, not knowing what is still coming. Today dollar is ₦1486 to a dollar, using the same CBN rate but minimum wage stayed at ₦30000. NLC that said at least minimum wage should be increased are correct. Dollar is increasing, government are gaining more from crude oil but not increasing workers salary. In the last 7 months, petrol import reduced by 1 billion litres: https://punchng.com/petrol-import-reduced-by-1billion-litres-in-seven-months-report/?ampYet, dollar continue to increase. It's indeed very preposterous how our leaders are feeding off our sufferings. What's even more preposterous is the fact that they do not even let the citizens choose their own leaders no more, they choose who becomes president and all our votes are nullified, how then can we the citizens make the change we crave for when we can't even choose who should lead us anymore, it's as if no one has any choice anymore, not a single choice, we're all like passengers in a canoe without a paddle, wherever the tide takes us, there we go. God should really help us |
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