The All-in/Max-bet button is also known as the rage-quit button in many casino troll boxes and it does work that same way as well.

You see, whenever a gamble is raging over their losses specially in an EV- game they will attempt to do their level best in trying to win back what they lost. This is fueled by the fact that they are guilty of their own actions and also because they dont want to return empty handed. So the chance that they are willing to take with their money by giving it a final stand is through the all-in button.

Of course this has rarely ever lead to a recovery, but losses only. Try your best to ignore that button as much as possible.

A logical explanation indeed. With gambling the only way to make money would be to be the casino, so if the OP has the intent of owning or building a casino there, by all means go forward with it, I would even invest in it if they are able to follow through. But playing there just to avoid the taxes in other countries does not sound so bright.

The thought process of gamblers need to change from being a degen to being the person who creates more degens who will pay you, thats business.

When it comes to investment schemes, none of the new casinos allow it. Previous casinos back in the day like YOLOdice, Just-dice and so on where accepting investments and were very much engaged in the community here for getting investors. Those days are gone now and most casinos only have their owners investing and not opening to public. Hence the ones who still accept will be a bit outdated - old is gold here.

They are accepting like always.

And I closed my investment in bitvest in 3months, I dont what they are doing wrong, but I seem to be giving away more than what I am making there.

Bitcoin is something of an enigma to the common people and those who have no exposure to it. But we as a community can help people understand and demystify this enigma to a simpler form without going too much into technical details. That can increase the acceptance and use of crypto but a big impact would be the government's stance on crypto because people fear legal troubles when investing their hard earned money.

There are people who are staying away from crypto but the reason for same needs to be clarified first and then we can tackle those points better.

There could be a lot of reasons of why that person acted like that, not going into those details, I think we should let people be as they are, because we dont know what they have gone through.

We might be completely right or grossly mistaken on our assessment on the internet here. Let them spend but we should focus on what we spend and try to moderate that. Dont use this person as an example of how people commonly spend because they dont, most people are getting careful of spending and saving than ever before.

Yeah no kidding there, gambling is serious business and when there is money involved, you need to have back up predictions to run that bet and not just your own fanaticism to blind you. If a person is being serious about their bets they would not take sides but go with their prediction homework.

Like I said, this the thing that has led to sports betting over the years to evolve into what it is today. So we cant deny the link between two, of course it exists and it exists in a bad way only the make the person lose money if not careful to get carried away by emotions.

Dummy trading helps to minimize these losses before real time trading begins. Most people dont use it at all or are not patient enough to do it.

In trading one will always face some losses. But speaking of spot trading these are only conversions of one coin to another and hence you always have some asset to sell in the market. In futures and margin you will completely lose money if you dont know what you are doing with it.

Hence spot is always safer than the rest. But the risk takers will prefer the other modes.

Gambling is a game of chance and is at best a type of entertainment. But the false image of gambling inside the brain of many common people is that it can be used to make loads of money. This is similar to stereotypes and hence needs to be broken and the reality put in front of these people.

However it is tough to stop such people when they addicted over time even if they might actually realize that they are having losses more than they win, it is too late.

They will deposit more and more and lose more, eventually ending up in debt and putting their entire family at risk. But this can be prevented very early.

More often it is not when it comes to day trading.

Opinions vary, one might work, another might not. Because we are not the ones who can see the future and hence we have to place predictions based on our own experience. But the general advice remains same, day trade if you can take that stress or go for long term holding if you have that level of patience and time.

You mean "pump"?
That is the consequence of not being able to hold the money on the market. Nobody can predict when the high or low is happening but buying and selling if not done at the proper price timing, leads to losses invariably.

People should adopt a flexible time-frame instead of a fixed one. This also shows that people like the OP may actually be under debt having taken a loan to trade and is now trying to double the money. That itself is a big stress factor that can lead to the entire endeavor going south.

Indeed buying bitcoin at the low price and then holding on to that till it crosses all time high is a good option. But for this to be executed, you cant determine and fix a time frame, you have to flexible. Right now BTC is crashing after a bull run, you have to wait when to you, if you dont give yourself that time, you will not make money from trading but only end up paying some loan sharks.

People gamble to quench their thirst of making money, eventually they lose more and the by product is that they are addicted to gambling. With bitcoin the access to gambling and more so online gambling has been easy and thus potential gamblers are coming up to addicted gambling much earlier than expected.

Of course it is dangerous, but the enthusiasm to make money is often high and that clouds their reasoning. Added to this is some influencer who is spamming their referral link with promises of free money, those people are like the wolves who lead the lambs to death.

We can only make people aware of the good and bad of gambling and nothing more than that. It is not our job to correct their mistakes.

Which is the only single take home message from this community but members have been saying this over and over again but the few people in the forum do not contribute much to the vast number of users attending these exchanges daily.

Hence whenever such shutdowns or scams happen, a large chunk of money from these users will be lost in limbo for the time being.

If you are regularly using an exchange then it would. But crypto is the wild west and these risks are common here unless something big happens or we see some regulation come in.

Africa has huge potential of growth but its leaders and how its governments work, has only led its people to the worse. But situations are similar in most countries as well just the extent might differ.

That is why we have elections to decide which among all the possible leaders do the public want as a majority? But that is a topic for another debate. I am of the opinion that the country can do what it wants with its politics and all but leaving those aside, our own personal growth is what we should focus on.

Like buying bitcoin at the proper time, keeping education ongoing, learning new skills to put to the test. Forget the government, develop your own self.

Experience will only teach you one truth - do not gamble if you want to make money and not waste it.

That if followed immediately corrects the question in the OP, if someone learns from gambling that it can lead to serious debts and bankruptcy issues, they would not gamble in the first place or stop it as soon as possible.

However most are unable to reach the conclusion and they ignore it and continue to play, endangering the lives of their close ones and next of kin. Most debt collectors in todays world are not that brutal but they try to persuade people and that can be scary. From a lenders point of view, such debt should be passed on to next of kin once they are old enough.

The addict often denies the addiction but eventually it catches up to them and they realize that they have been trying to hide it for too long. It is how addiction and guilt works. But then the addict does not have any other place to go to unless their family supports them to come out of it. In the long run the cure is possible if the family works to help the family member in their journey.

The money of course is never coming back, so some criticism is normal from members and friends. That should motivate the person to make up the money.

JacksClub Username: TheUltraElite
Prediction: $71147

A musician refusing a deal is nothing out of the blue, these things happen every few days and with the record labels and their predation on the music industry, we are bound to see these things happen but not every one of them makes the headlines out there.

You never know the full story - there are many under the table deals being done in the music industry it is one of the most corrupt things in this world behind all the glitz and glam.

Reckless or not, they will end up dealing with another label.

Best wishes to @seoincorporation in starting their line of casino software.

That hardware casino seems to be a nice touch there in which pub owners and small coffee shop owners might get interested and install them in their shops. Something like old arcade games << another idea which you might want to put in while designing the next game?

Will be watching the thread to see how things pick up from here.

---

Suggestion to reduce the images size because reading them even on a PC seems to sore the eyes.

It based on the fact that cumulative losses are way smaller than the cumulative wins from the casinos side and vice versa for the players side.

Thus the casino is always in a net profit - that is it is running smoothly and paying its employees and investors regularly. This shows one truth that is the casino will always be profitable and if you are the casino then you are the winner in the long run. With my experience in the industry, I feel that in order to make money from the casino be a part of it, dont play in it, unless you completely own it of course.

Have felt that too many times

Of course we are not a judge of our own actions so we cant say whether our own posts are merit worthy or not. And not everyone here myself included come from a programming or technological background that we can post in those sections of the forum where merit is generously given to tech helpers and shiny coin collectors.
But then I managed to rank up to Leg from Hero since the system started but my mileage has reduced over the years now.

I know we can go back to the old argument that some sections of the forum have more Noise than Signal and thus sources avoid them. But then is there any solution to this?