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You mean betting on live other than betting on pre-game?
Things I check are score gap, presence of players or ther playing time, homecourt, and consistency with performance during the first half. But I don't do live betting often because I am aware that I'd be affected by my emotions and hesitations except if score gap is obvious and significant. Anything could happen within the game but I believe that there's an "A Game" moment for athletes too. Same goes with "Bad days" on them. These are things you could base your bet with. Just check on player's statistics. However, regardless of this, still choose to be disciplined with your bets 'coz anything could happen as long as there's time remaining for that game.
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If the gambler does it multiple times then that simply means he have a basis on his bets otherwise those are just coincidence. Actually, it is normal to be confident of your bet simply because you made a bet; you won't bet to something that is in contrast with your betting bias. Even if you're not sure of the outcome, you bet is simply your bias at that moment you placed it. I am having the same feeling with every bet I make but not all of it are winning, so I guess this is just due to his/her luck on that day. Gut feelings are simply assumptions we make depending on how we expect or assume things. You can make as many as possible mathematical calculations bottomline in gambling is that, if you're not lucky, winning won't be in your hands. In general, we already know that gambling is a game of luck and especially when it comes to gambling that is based on guessing numbers or placing lotteries. Because there is no exact strategy that will make us win the ticket we are going to buy, nor do we use mathematical strategies to make sure we get closer to winning, but in other cases instincts are needed for this, as gamblers most of us must have used these instincts for gambling, in this case the person happened to use his instincts to win a prize of $2 million and luck was on his side, I would congratulate the person for winning a big prize.
Just no other way to explain right? We all had gut feelings on our bets but those are simply how we want things to happen without guarantee. Instincts, assumptions, expectations, gut feelings and other emotions we feel are subjective of us, gamblers. No one would want to lose in the first place. |
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It's normal to feel nervous or somehow panic if it is a sudden 10-20% decline with the market price simply because that would be an instant display of loss to your portfolio. But again, what matters the most is your action; would you be selling at that moment to cut loss or be firmed and wait for the market price to recover. Keep in mind that as long as you are not selling, loss would be temporary. Once the market recovers, things will again continue. Always choose to calm yourself as much as possible and avoid doing things because of your emotions. One reason why knowledge is important to anything that you are engaging yourself with especially investments because it involves your money. The market itself is unpredictable and the best thing to do is to be patient of things.
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In the last two months of her employment, the 28-year-old stole money from four customers, with the thefts only being discovered when one of them queried receiving a letter about money being withdrawn from a dormant account. TSB Bank teller stole $28,000 from customers to feed her gambling addictionHow far do people go to feed a gambling addiction? In this story we have a young bank teller, 28 years old lady, who stole 28,000$ from four different elders who were suffering from health and cognitive problems. Her goal was to fuel a gambling addiction, as presented by the defense at the court. Families must be attentive to their elders when going to the bank and dealing with money in general. Scammers and thieves are everywhere and always ready to take advantage of the vulnerability of such individuals at an advanced age. Scary what addiction could do to someone. Imagine stealing to other people just to gamble. This is worse than borrowing money from other people to feed the urge of betting. The bank teller definitely needs to have her condition checked by professionals because her guilt might be fading already. For sure she knows the condition of elders where she stole the money, but still did it. This is really alarming. Moral: "Be your own bank"  Now seriously, those who have a gambling addiction shouldn't work in certain jobs like tellers, cashiers and, in general, jobs where a lot of money through your hands. It's like the barman who has an alcoholic addiction: the combination is explosive. It may sound a bit sexist depending on the culture of the country where you live, but it also surprised me a lot that the protagonist of the story was a woman. Definitely some kind of bias on my side, but to begin with I would trust a woman with my money more than a man. Or better yet to avoid having a job until addiction is aided. Continuing to work will just feed a gambler's addiction. He/she won't perform that well if his/her mind is occupied with the urge of gambling and that will just cause negative impression on hiss/her portfolio. We shouldn't be taking addiction lightly 'coz the overall wellbeing of an individual is affected. Have it treated as soon as possible than to just set it aside hoping things will just happen on its own. |
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I remember the 1994 World Cup in that match between Colombia and USA where USA had to win with 2:1 scores courtesy of an own goal from the Colombian Andres Escobar which was believed to have made USA won that game leading to the disqualification of the Colombia to the next round. It was gathered that Escobar was shot dead while inside his car days after that game. An action organized by a punter who lost his huge bet because of that 2:1 loss of Colombia to USA team. The idea was that it was the own goal from Escobar that help USA to win and qualify in that game. Although the culprits were arrest and penalized.
In recent times we have witnessed countless own goals from player's in football competitors from the EPL, La Liga, Bundles Liga, Serie A etc which had to change the outcome of a match that would have ended in favour of their team.
Now bringing this to gamblers of today; how do you feel when the team you bet in favour of lost the game due to an own goal from one of the teammate's?
1. Do you get vexed up at the player?
2. Do you take it as a common loss by the team just like other days? or
3. Do you curse the player for that?
It is always said that as a gambler you need to only stake what you can afford to lose, you don't put your entire life savings on a single game and when it doesn't go in favor of you then you want the whole world to crumble. Gambling is 50/50, it is either you win or you lose and that should be imbibe in the heart of every sports man. NO.2 is what I preferably take as my position whenever I'm face with such kind of situation, I would only get angry for just a period time and after then I move on. Once you're a regular football observer, you understand that football is always unpredictable even to the last minute. Indeed, many gamblers are seeting this idea aside and just regret things afterwards trying to blame the players. If gamblers will just be mindful of their bets and will respect their risk appetite, even if their bet turns out to a loss, they'd be fine and be hopeful for the next time they will gamble. Feelings of frustration, regrets, and sadness are normal responses to lose betting outcome but at least be realistic of the amount you will engage. If it would be a burden losing it then there's no point embracing that much of risk given that there's no certainty of winning. Not all matches are fixed or scripted, it will also be hard to determine which one is. In sportsbetting, every player is professional, meaning they could all score if they will have the opportunity to do so therefore always expect the unexpected. |
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Hard actually, people can just make their own assumptions whether they percieved a match as fixed or not, but of course taking consideration of their biases. Some matches do seem to be fixed or scripted if your bias biased lost, especially if you made your own analysis. Expectations won't be met sometimes but matches do happen on that way. Fixed matches will only be determined if participants would not only confess but be able to prove that there were negotiations made for the line up. And it just happened that these things won't be easily seen by us, bettors. Maximum privacy of such information will be defended by those who made use of such scheme of course because they will be involved with the problem. Also with the players who are in those games or matches wherein they'd protect their image as well.
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Congratulations on this win of yours and I'd say you are very lucky to do so. Not everyone experienced winning on free bets and you even managed to multiply it to aa bigger amount. However, I won't agree with the idea that if you do not care on your bet, it would result to a win streak or with higher chances of winning. You are just lucky on that moment which is the only thing that could explain I guess. With regards on not minding that much of the betting outcome, you're just not pressured that you don't notice everything unlike with when you are betting big amounts which make things seem easy. Regardless if you have your attention on your bets or not, you would either win or lose depending on your luck. There's nothing to sense ourselves whether we are focused or not, on gambling provider's perspective for it to be a factor of our winning chances.
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Most of the topics we read are mostly mentioning about the negative side of gambling but I think we also discuss the positives of it...
1. Socialization
2. Income Generation
3. Employment
4. Support to the Gambling Industry
We've seen a lot of things enough to consider why gambling must exist. Maybe we just correct our views that gambling is bad because this also helps other people. We don't just focus on the bad things like addiction and debts that a person may commit by being an irresponsible gambler but also, must see the benefits it gives to the community and in our personal lives.
Well gambling is just an activity and it is just the users especially those who are irresponsible, who contributes to the negative impression towards gambling industry. It would be much better to say that gambling is not for everyone; not all people could take the risk and bare with the consequences. Many gamblers are just hoping for the idea of them winning the matches but are never minding what will be the effect of loss on their end. Rule is simple; never bet an amount you cannot avoid losing. Losing is most likely to happen and that should be an enoigh warning for us to never bet across our risk appetite. Gambling of course is still an industry and that means it has benefits to people at least in some aspects of us; stress reliever, profit source, and job opportunities for those who works for this industry. It is just the idea that losing in gambling is more emphasized. |
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It depends.
If you're tracking your expenses and you don't want to mismanage the whole budget then yes you should just allocate a percentage of your salary. Personally, a 5-10% of my monthly income, is what I use to things that I perceive as leisure or things for my own enjoyment and gambling happened to be one. However, I won't use all of it to gambling alone. One reason I do this is to avoid crossing the lines. If I would be engaging a bigger amount then there's a higher tendency that I would be upset whenever I am losing and that might trigger me to be frustrated to gamble more. It is also important to know oneself; how you respond to stress and loss. But if you're okay with using larger amounts then that's fine if it works for you. We just have different levels of risk appetite. What matters is that you should not be at risk of gambling addiction.
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I've recently come across in a platform that has a requirement fora customers to wager their first deposit at least five times before they can make a withdrawal. This is my first time to encounter a gambling platform like this. So I want to hear what can you say about this. Is this even legal and good? I also want to know why they have some terms and conditions about this. For example:  Wait, what? Five times? That's a lot. So what will happen to your 4 deposits? It seems like you are required to lose all of those amounts before you are allowed to withdraw anything from that platform. But one way to cross this is to deposit the minimum amount which I assume there is. Some sort of dividing your first deposit into 5 just to be able to withdraw the money if ever you'd win on your games. However, it is a bit weird and knowing such thing would make me just choose other platforms. I've heard of required minimum amount for the first deposit but never encounter such rule that I would be needing to deposit 5 times just to get a hand on my winnings. This is the standard practice of many online casinos, their task is to keep the player on their website as much as possible. This is all written down in the rules and most likely you agreed with them when you registered, so there is no deception in this. In a different situation, the casino would quickly go bankrupt if it handed out money to players and it allowed them to be brought out without special conditions, so essentially nothing new.
This is a normal thing now? Maybe to new casinos. Also it shouldn't be normalized. I agree with other people saying this is exploitative. I would more understaand and consider if the requirement is making a deposit first with a high minimum amount but if it is with the times you will deposit then it is really odd. |
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This is the reason I felt we can discuss the merits and demerits of casinos setting withdrawal limits. What is your opinion?
I do not think this is what discussing. If I win huge amount of money, I will prefer to withdraw the money at one time. If I am not able to withdraw the money at one time, I will continue to withdraw the money every 24 hours until I finish withdrawing the whole money. I will prefer gambling sites not to have withdrawal limit at all as long as I am verified on the gambling site. 99.9% jackpot winners will prefer to get what they win at one time, no doubt about it but of course casino will have their own policy/rule about such special situation. Million dollar is decent amount and I'm sure most casino will not let their player to withdraw it at once, but maybe they will process it based on their own policy or based on agreement with the winner. These days almost all casinos have withdrawal limit, there are even some casinos with so low withdrawal limit because maybe they have so low bankroll, that's why they need to implement it to keep the bankroll stay healthy. When it comes to merits bs demerits of withdrawal limit then we need to see it from different sides, first is from our own side as player and second is from the casino's side. I think you won't even think of withdrawing it all at once 'coz it is somewhat a given idea that you will withdraw it partially, even with lotteries. What will matter more during that moment is that you won the jackpot prize and for sure you'd be on 'clouds' figuring how things went . Either with or without withdrawal limits, I would be fine I guess as long as I will have the assurance that I will get everything that I won. I don't think it's right to have limit on the particular amount one can withdraw from a gambling casino if they can accommodate for that same amount of money, the way I see it is that what we can make deposit of should also be the same proportion of what we can withdraw in other not to make it looks shady on them that one side is being sided than the other, gamblers will not like having withdrawals issues when they are making use of a casino after which some have already managed in meeting up gor KYC requirements then to discover that they have limit to how much they can withdraw, this could be disappointing.
Well yes, preference. But Imagine pulling the whole amount at once and transferring it to your bank (Assuming that you are in a country wherein cryptos aren't widely accepted), won't it alarm your bank? Taxations? And questioning the amount and all. This is why I prefer partial withdrawal. |
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If the top prize is realistic, then yes there are people who won this. Not all casinos are putting unrealistic prizes with free spins. The main pirpose of free spins is to not lure people to just try free spins but to have that urge or to be encouraged to actually deposit an amount to the platform and actually play within. Putting big prizes on free spins will only attract those people to try it but without any retention, also, a casino won't be earning anything if they will be fooling people with big rewards on it, for me it doesn't make that much of a sense. But of course there are really casinos who really does but limiting the chances of winning on small prizes for it to not result into an instant loss that can be prone to abuse. I honestly don’t believe that anyone can win the maximum jackpot on free spins. From personal experience I can say that I came across some very insignificant bonuses and nothing more, but I’ve never even known such players to win a big win. This is more of a marketing component to attract more new players; the gaming platform is unlikely to give away, for example, 8 BTC for one free spin.
Safe to say "no one can and no one will". If casinos would be making it possible, without players not making any deposit, that's a big and instant loss to them. |
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Depends on where the gambler has more knowledge of. If you're playing basketball in real life it is most likely that you will have better game and betting analysis on that sport. However, there are people who are betting on games that they don't know that much about, but are still winning in many instances. Of course winning is still determined by your luck and fate but what I am referring on this, is higher chances of winning, in particular with familiarity of the sports you are betting your money with. Numbers aren't enough 'coz you have to understand other factors such as presence of players on that particular game, performance of the team for the whole season, and more. Speaking within the choices, some are even winning bigger with others sports such as MMA and Boxing.
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I didn't find this news here, which is now being actively published on social networks, but it can be discussed. The news is that a man in Singapore won a four-million-dollar jackpot and suffered a heart attack after learning of the win. More details: https://www.ibtimes.sg/singapore-casino-tragedy-viral-video-shows-mans-collapse-after-4-million-jackpot-75035Sometimes joyful events end sadly. A person who learns the news experiences stress, which causes a strong heartbeat; and adrenaline levels to increase; and if the winner’s health is not very good, misfortune can happen, as happened with the player from Singapore. Have you ever had a time when winning a large sum caused inconvenience and did not bring you the joy you expected? Well, I think in this case, he suffered from high levels of happiness and that resulted to an unfortunate scenario. Know that it is hard to win on games and what more with jackpot prizes which could really shock the player. Happiness is the normal reaction on this but anything's too much and sudden might not be something everyone could enjoy. Again, what happened is unfortunate for this man. Winning is always a hard thing to achieve in gambling because it doesn't happen on a daily basis. Some people died not experiencing to win a jackpot but have spent their whole lives tryingg to bet on a daily basis. I just hope that his winnings would be still used efficiently by his family and loved ones. Life is just so unpredictable. |
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I know this is common sense to the majority of people on this forum but I can't stress how important it is to gamble responsibly.
There was a recent case in Australia where a man lost his entire life savings of $400,000+ in a 48 hour gambling spree.
The gambler lost $12,000 in a single bet and then tried to chase that initial amount but ended up losing his life savings.
I am a seasoned and experienced gambler and my one piece of advice to people is to only bet what you can afford to lose otherwise you are setting yourself up for failure.
Cliché but yes, the idea is still evident with many people. There are still gamblers who are risking that much whenever they are gambling. The reason most likely is how they are being affected by their emotions, which is common not only to gamblers but to all people. We are having expectations whenever we place a bet and of that expectation won't be met, then it will affect you emotionally and mentally. This instance pushes you to go beyond your plans and limitations. Before you started your gambling journey, for sure you've heard of many warnings and cautions but why is problematic gambling, still evident to some gamblers? That's definitely because they lack control with their emotions and have low levels of self- discipline. Don't be one with people who are having big regrets or people who are losing their "life" just because of betting on their lucks. Manage the risk as much as possible, at all times. |
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Might consider I guess but won't be doing it on the usual. Maybe if we are together by the time we would be doing pool betting, I think it would be fine for added fun and entertainment. The reason why I think it won't be a good practice is because of differences with decision making and risk appetite. Imagine doing it regularly, and there will be times you will be having different teams or player to bet, who would you be betting on? Who's gonna be doing the decision with bets? Also, there could be instances blaming whenever there is a contrast with bets, is present. But this is not to conclude; pool bettong works for other people and they are enjoying the experience. However, personally, when money is involved, I prefer having my own actions towards the money and the bets I would be making. Well for reasons I think that's not actually a good idea because with money come so many problems and especially when it has to do with gambling. I think it's probably best to make your own selection and let it work for you. The reason why I say this is because some the whole intentions might be pure and legit but once their is winnings or money involved then people starts showing off their ill characters.
Depends indeed with who are you gonna share your bets with. Indeed there are people with negative intentions and to add, behavior towards gambling. Greed and regrets would be evident to some people who gambles. |
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This is another great fight, and if Inoue wins here, I think he already clean up the division, although there are just one name that is going to be a big question, it's John Riel Casimero of the Philippines.
Doubt Casimero will be dominating Inoue given how strong Inoue have become, without a single loss. Well, yes, having a clean record doesn't guarantee winning but at least it is enough as a basis on how good an athlete is. But going back, I would still be favoring Inoue against Murodjon. The kid is indeed a good fighter but I think he still lacks experience with pro scene unlike with Inoue who fought against many big fighters coming to sweep the division. Inoue's last fight proved that he can take haymaker head on and recover during a fight and still bag a victory. There's just so much talent to Naoya and after this match, I think he should be exploring ither divisions as well if he would like to test his strength against more known fighters. Even big name fighters recognize Inoue's skills and that's for a reason of course. |
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We will have different opinions on this. The only problem I see on his point is the tone of being discriminative and conclusive. Everything is a matter of what works best for you. It all depends on how you view being rich is. Some became rich out of their profession, some are with investments and yes there are also people who made fortune in gambling. Determine which method will work on your circumstances. You could gamble without desiring of becoming rich as well; just a source of entertainment. We all know the importance of investments. However we have different pathways and goals to achieve in our lives. You could choose or create your own route. Not all investors became rich in the first place and same goes with other gamblers as we all know. I don't think that the musician is totally correct in his assertion that gambing establishments are mostly found in poor neighborhoods, the fact is that they're mostly situated in areas where more people will see their businesses. I see bet shops, casinos, banks and all sorts of investment firms in the same area, I don't think that there's any discrimination about where to situate gambling shops because it's a fact that the rich and poor gambles. Although I observe that there are.many lotto kiosks in the rural areas, I don't know if there are that much in rich neighborhoods, maybe it's because there are no spaces to situate these kiosks in rich neighborhoods, not because the rich can't patronize them.
Indeed, gambling shops is a form of investment as well. And no investment does not accomodate a demand from people and on this instance, gamblers which is why I don't see anything wrong with it. There are also rich people who are engaging to gambling activities which is another thing that he should be looking into, as well. |
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Hello!
I wanted to ask if any of you have any ideas/thought inspirations for potential business ideas (own small store/shop) related to or involving Bitcoin?
I'm aware that I could simply offer Bitcoin as a payment alternative... Of course, I would do that as well, but I'm looking for something with a bit more connection to Bitcoin.
Perhaps some of you have cool and exciting ideas that we could discuss, or maybe you've visited an interesting business idea during a trip abroad (e.g., El Salvador, Venezuela, etc.) that could serve as inspiration.
Thank you very much for your responses!
Yours sincerely,
DrHodler59
Quite misleading with small stores but not with payment options. You could offer investment services to other people using your knowledge if you're really that passionate because right now, if it is with normal business format then the only way bitcoin and other cryptos will be involved is through payment transactions.Overall budget will always be a factor on scaling what business you are planning but the idea itself is good. However, it will again be limited to what yiu are trying to achieve and how much could you be putting on the process to make things work for this. OP, are you trying to steal Business ideas from other people and make them your own business? Nice try.  If I ever had a working business idea, I would never share it with random strangers on the web. Knowledge is power. Don't give it away for free. Good luck trying to open an online shop and accepting Bitcoin payments. I'm sure that you will get thousands of customers every day. I have an idea about a crypto casino, that is going to be different than all the other crypto casinos, but I'm not going to share it. It's not specifically about BTC, so I guess that it doesn't fit in the "Bitcoin business idea" category. He's just asking for ideas. If you don't feel like sharing yours then you're free to do so. Good thing that you have your own but let him recieve answers from ither users who are willing to give him a hand with this topic. Spread love, mate. |
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Higher leverage means bigger risk; bigger risk means bigger rewards but also possible bigger loss. Risk is present to both spot trading and futures trading however, it is definitely bigger with futures due to leverage. As we all know, in futures trading, the margin of your actual money is being multiplied and same goes with PNL or profit in every price movement of your chosen crypto. Why is it involving more risk? In every movement, multiplier in loss is also evident; I'd say money moves faster than with spot trading, in all outcomes. In the long run, I could say spot trading is more efficient but with lower phase dependening on your engaged money. Futures is like gambling, if you pick wrong decision, you will lost almost all of your money, but if you pick the right one, you will earn a lot money in short term. While spot trading is just lowering the risk, you can loss and you can earn, but not that much compared to futures.
If you confident enough, then try it. What I can say is demo account/fake money is way easier than using real account/real money.
Alike with gambling if you have no market price action plans. If you are just guessing which direction will the price go then basically you are referring to luck alone. You could control the leverage and trading outcome; it is just that manipulation happens on smaller time frames. |
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