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4061  Economy / Gambling discussion / Re: Motosport General discussion tread --- Formula1, MotoGP, WTCC, ETCC, DTM..... on: August 12, 2023, 03:50:18 PM
Hamilton is intending to race for a few more years at least. He is still ambitious about getting his 8th world title before his retirement. But there is a big question at this point: Can Mercedes give what he wants?
-snip-

It's great to see Hamilton still pumped up to compete and chase his eighth title. Even though Max and RBR are dominating right now, it seems that Hamilton is still confident and still believes that there is a chance for him to get his eighth world title.
But from the news I heard that Ferrari is currently approaching him to be able to bring him to the Ferrari team and become Charles's teammate. Even Ferrari are ready to give £ 40m for Hamilton to join their team. But I think Hamilton seems to have rejected this offer because he still believes in what Mercedes is doing, maybe until he can get his eighth world title he will stay at Mercedes, or not(?)

@retreat I feel that Hamilton should move on from Mercedes because I sincerely doubt that he can win the record 8th title while racing with Mercedes and with Ferrari he’ll have a better chance. Also I’m surprised that he’s yet keen to race for few more year’s because he’s not performing that well and he could yet retire before constantly losing out to other driver’s and spoiling his reputation of being a serial winner.
It is strange that Hamilton stays with Mercedes. He has been very loyal, especially when Toto Wolff has made questionable choices, like not changing the car very much. Could it be that Hamilton's weakness is his trust in Mercedes? That, against all odds, he thinks he can win his eighth title there? He has won a lot of races with Mercedes, but why would he move to Red Bull? Completely crazy! But he could also surprise everyone. After all, logic isn't what makes games what they are
4062  Economy / Gambling discussion / Re: Why do 90% of Bettors Lose in Sports Betting in the Long-term? on: August 12, 2023, 03:29:44 PM
-snip
That's what you are going to end up with depending on the results and should be considered a bit different. I think it's quite important to calculate the wins accordingly. For example, if a team loses once every 10 games, that means if their odds are 1.40, that makes 9 games to end up with 1 loss equals to end up making a profit.

That is not really an issue and we should bet that, but if teams lose like 3-4 times out of 10, then it would not be a thing that makes on the long run. This is why I think we should consider the situation to be profitable depending on the situation, check what the team is doing and check the odds and based on something like that will end up with a greater return on the long run as well.
to be more precise, always check or watch the live broadcast of the match to see the actual conditions or situation in the match so that when we see a situation that is going to get bad maybe we are better off cash out from several teams that have already won rather than having to continue betting but end up in doubts of losing . we can do anything to make a profit in sports betting but the problem is if its a multi bet, of course the odds will be higher and more profitable but the risk borne is also very large. so we also have to have some efforts to find ways not to lose too much by cashing out the winning money that has been obtained.

but I understand this condition because sometimes bettors become more aggressive and greedy in wanting to get bigger wins so that the profits from sports betting are not immediately used for other investments but instead are used to bet again with the hope of getting even bigger.
So, you think watching a live broadcast will somehow protect your bet from going south? There's a difference between strategy and wishful thinking. Relying on a live broadcast might give you a sense of the game's flow, but its no insurance policy. And as for cashing out on teams that have already won - thats just a mechanism to protect your fragile confidence.

Higher odds in multi bets obviously mean higher risks; thats Gambling 101. But if you’re not up for the risk, maybe sports betting isnt your game. It sounds like a lack of discipline and strategy on the bettor's part rather than a flaw in the system. Instead of constantly seeking "efforts" to minimize loss, maybe it's time for a change in approach. Stop throwing good money after bad.
4063  Economy / Gambling discussion / Re: Possible measures to stop online gambling addiction. on: August 12, 2023, 03:09:42 PM
Stopping advertisement, disciplined bank roll and shutting Internet won't help in stopping the addiction. If you are addicted then first acknowledge your addiction and then work on the probable solution. It is not easy to acknowledge that is for sure. My simple suggestion would be to join a group of addicticts who are facing the same problem and want to get rid of it. A proper councelling can also help in stopping an addict from ruining his life and that of the others.
Admitting our gambling addiction may not be easy because every gambler can deny that they are already addicted. But if a gambling addict is willing to accept that he has a gambling addiction and ask for help, that would be even better because other people can help him and find the solution he needs to do.

But a gambling addict cannot solve his problem and must be accompanied by the people closest to him. And it seems they should go to a rehabilitation center to get more suitable treatment. Maybe the people closest to him can help him by inviting him to do other activities to reduce the burden on his thoughts about gambling before.

Going on vacation for a while is also a solution. But try to avoid bringing a smartphone and only a cell phone that can be used for calling and texting so that he cannot access the internet. And so that he really enjoys his holiday well.
Really? Accepting addiction is one thing, but suggesting a vacation as a solution? I cant help but laugh at how foolish that notion is. Even at the most breathtaking location on Earth, an addict can still have cravings for their addiction. Leaving your smartphone at home is only a short-term fix. Are you genuinely of the opinion that a brief trip or other diverting activities may eradicate an addiction as ingrained as gambling?
4064  Bitcoin / Bitcoin Discussion / Re: Is bitcoin best option to invest on: August 12, 2023, 10:35:20 AM
Theirs so many investment to invest but many people are seeing bitcoin as the highest place to invest their money but I'm not seeing bitcoin as highest investing plan ever, I don't know people have not invested in bitcoin is thinking of bitcoin as investment you can make millions dollars when you started, I'm preaching to change our people mindset of bitcoin investment so that they will not hope that bitcoin investment make somebody to be rich the way they think of it.

Some people have not known that so many people who are investing in bitcoin doesn't fully depend on bitcoin as most generating income, they are using bitcoin as their side hustle, let us reduce the mentality of people and sense of humour by not seen bitcoin as the shortest way to make money, And if they should continue with such believe they may commit suicide when they put all their money and problems in bitcoin and lose by the end of the investment.

We have other investment that we can make money with, importation and exportation and also real estate management and also gas plant business that will be given weekly and monthly income depends how broad is the business and management, sometimes people do teach their children bitcoin and its not bad but let us teach our children other investment that can profit them as we think that bitcoin will profit then in future. Whoever that is having bitcoin as major source of income should spread it source of income and make bitcoin a side hustle.

It's good to invest in bitcoin but let us remember that it's a virtual and any money and profit we make in bitcoin should be directed to establish another business that will be seen physically and be managed physically.



Your post is a little confusing, I mean compared to other investments like the stock market, or other alternative altcoins out there for sure Bitcoin is going to be the best investment that you could do just because it is the most guaranteed cryptocurrency that could easily give you profit. For me its kinda normal for them to see Bitcoin as the highest investing plan, and it's actually possible to earn millions on cryptocurrency if you're going to think about it, but even though it is possible it doesn't mean it's going to happen, Also it would depend on your investment if you invest a small amount for sure you're just going to earn a small amount as well. The higher you invest the higher the profit as well.

If you're going to invest in Bitcoin for sure just don't do it if you still don't have something that is going to sustain your needs, it's going to be a thing for sure because Bitcoin is a risky investment, you don't really want to sell your Bitcoin just because you needed money that could just end up losing your investment or selling to a lose. If you're going to invest you need it to HODL in order to make a profit and it would going to work if you don't have some kind of savings.

It is for sure going to be great if you have multiple income streams instead of just relying on Bitcoin investments. I've listened to some podcasts and it says that if you really want to get to something like a million early what you're going to do is invest in getting multiple income streams because if you only have 1 source of income it is going to be difficult to reach a million and it's going to be risky since if you lose that source of income you don't have anything that could sustain you.
That Bitcoin is the "most guaranteed" item is untrue. Even with Bitcoin, there is no guarantee on an investment. Therefore, just because something has performed well in the past does not guarantee that it will continue to do so. Those who believe they can just invest a large sum of money in Bitcoin and guarantee a big return may be in for a harsh shock.

Bitcoin, for all its splendor, could not work. Keep in mind that everything has an end, even enormous giants. Bitcoin is not here to stay. Despite the fact that we all adore Bitcoin, it would be irresponsible to not have a fallback strategy in case it disappears. It would be foolish to invest all of your money in it or any other single buy.

That being said, not everyone can succeed with HODLing. Some individuals require money. Furthermore, it is self-evident to state that someone must have "savings" before they can spend.
4065  Bitcoin / Bitcoin Discussion / Re: I see it, I feel it, I know it and it will live forever. on: August 12, 2023, 10:12:41 AM
I was sharing my testimony with some of my neighbors last two weeks, that thought BTC will not cross 14 years before it will disappear like other cryptocurrencies and it has crossed 14 years and some months now. BTC be the first cryptocurrency I have started my journey with in the community, it has helped me to seen wonders around me, feel greatness around my believe and it will live forever to fulfill purpose in the world. I received text message from my neighbors this morning, that they have seen many reasons why BTC will live forever and they want to be part of the decentralized currency in this period since they have some huge amount of money they are not using now than to invest them in BTC till it will cross to 20 year old before they can sell to share their own testimony. I believe many people here also have testimony to share about their BTC journey and how people try to discourage them but they still go ahead to embrace BTC. For what you have seen so far in BTC, do you think it will live forever? and if it live forever will you be part of those who will love to share the good news to people? You opinion is highly welcome.
We can say for sure that Bitcoin will never disappear as technology improves and Bitcoin will continue to improve. Since you said bitcoin will disappear after 14 years but your research is wrong. Not 14 years, but hundreds of years, I think that this Bitcoin march will continue, as we can understand about it now if we research the future of Bitcoin. There is no doubt that Bitcoin will live forever and its price will continue to influence this virtual currency well into its future. I believe Bitcoin will live forever as long as this world exists. And I will certainly take part in those people who analyze Bitcoin as positive and who love to evangelize.
Hundreds of years? Given how fast technology moves, that's a bold claim. Bitcoin has caused waves, but to assume it will last forever is folly. The greatest empires have expiration dates. So, let's not let Bitcoin love blind us to reality.

Bitcoin has the first-mover advantage, but technology and regulations affect it. Over time, newer, more advanced cryptocurrencies may replace Bitcoin.

History is full of examples of everlasting things that are now in ruins. Believe Bitcoin is an exception is ignorant and naive. Loving Bitcoin is one thing, but taking it forever without a backup is irresponsible. That should be remembered.
4066  Bitcoin / Bitcoin Discussion / Re: 2024 will determined bitcoin fate on: August 12, 2023, 09:51:13 AM
Many expectations of bitcoin this year failed, but I notice that bitcoin always breakout into a new price after interval of five years, the last massive explosion of price was between 2017-2018 and since then, bitcoin has not record major price increase. Now if you calculate from 2018 to 2023 that's about 5 years though because of policy of economic inflation and influence the price has not gain its actual strength to break resistance limits and if the remaining quarter of the year fails even more, then we should expect 2024 to 🔥🔥🔥🔥🔥🔥 fire. We should start to make plans for 2024 more buys more gains.
Your analysis about bitcoin price in the past is incorrect, I would want you to go back make research about the last bull market in bitcoin,  you need to know you can't predict the future of the market because it might not actually be the way you think it will be . If you are trying to predict the market it can lead to get distracted and not to concentrate with your investment. If you want invest in bitcoin hodl and take your mind from predicting when to gain profit, doing this it will help you in making a successful investment at the end of everything.  
The market is widely vague and unpredictable so there’s no chance that any prediction will certainly come into reality. And if there’s any, it’s only rare to happen especially that the market has a lot of factors to consider why all these things are happening.

When you say that 2024 is the fate for bitcoin, maybe it could be true because of the upcoming bitcoin halving but we can’t still give assurance if bitcoin halving this time will still create the same effect from the past bitcoin halvings. Know that the market is never fixed and certain, so whatever event may happen, the results may also come out differently.
You seem to misunderstand the fundamentals! Predicting the market isnt about certainty; its about probabilistic outcomes. The upcoming bitcoin halving? Sure, its an important event, but pinning all hopes on it is sheer foolishness. The past doesnt predict the future, especially in a dynamic and ever-evolving market. If you're so convinced about the market's unpredictability, maybe its better to stay away rather than opining without a basis. Every halving, every event, every shift has its unique circumstances.
4067  Bitcoin / Bitcoin Discussion / Re: think before investing on: August 12, 2023, 09:27:12 AM
though I feel bad about your friend losing his money through trading Bitcoin, but I think he's foolish to sell his property and use the money to buy Bitcoin and trade without any knowledge about it. the dude literally wasted his money because he got too greedy when he heard about "high profit" when trading or investing in Bitcoin. glad the friend is doing well though(at least according to your post).
I did not blame him that much. because he hard about Bitcoin at the first time and the benefits and gain on it, why trading it. Normally trading of Bitcoin give money if you know what you are doing. he loss huge amount of money because of Bitcoin, but I thank God today, his also gaining huge amount true Bitcoin.

From what you said, I have a feeling that you make money from bitcoin trading pretty easily. Honestly, I don't see many people who can make money from trading let alone make a huge amount of money. It sounds simple, but entering the trade and making a profit is not as simple as you are saying.

And you're saying, he made that huge amount of money back after losing it all? I wonder, how much time did you and your friend spend doing it?
You are confusing me more with your story. How can a person after selling his property and losing it all because of bitcoin trading, but then suddenly he can earn back a huge amount in bitcoins?

Actually pretty confusing because it's not that easy to most people to recover from a huge loss, some wouldn't even risk for once after losing a huge amount of money. It would take a long time to learn from that mistake because you can't rush to learn something that fast especially crypto since it's pretty complicated that you'll have to familiarize yourself. If your friend risk all of his property just to recover his loss then good for him but that's a huge risk so in your case OP, it's pretty confusing. Trading is much more complicated and riskier but more quick than in investing if he risk it all then good for him he profited.
A person is not doomed to failure for all time just because they have a setback. Regarding the strategy used by your friend, each person has a different tolerance for risk. Some recover quickly, while others mope and pout. Your guy is braver than others if he's willing to risk losing his possessions in order to get it back. What about your assertion that trading is faster than investing but riskier? That's an oversimplification. Due to their ignorance of market dynamics, many traders lose out. So perhaps understand the nuances of both trading and investing before you express your comments
4068  Bitcoin / Bitcoin Discussion / Re: Banks offering investing in Bitcoin on: August 12, 2023, 09:04:26 AM
Banking system try to suppress the bitcoin over a decade,but it was not possible one.Because the bitcoin had root the world economy now.Most of the people from various country had their investment in the bitcoin and other cryptocurrency.So the economy activities was purely depend on the cryptocurrency now.Most of the big shot had their money in the cryptocurrency,Elon was the big example for this.He made the huge influence on the doge coin.Doge coin  had huge investment for certain period of time.
People were looking for better things from the traditional money. The same have made people to go towards bitcoin and other investments. Bitcoin investment is always the best and people should have the patience to enjoy the goodness out of bitcoin. This doesn't happen with people who who lack the market movements as well as the people who lack knowledge about bitcoin. Now the awareness and education have given space for people to be aware and hard users of bitcoin. This is why banks have begun and the understood that delaying the acceptance would cost them big
Whether they would really be engaging it early or late, it wont really be still that changing a thing because even if they would be integrating Bitcoin investment or storage, then i dont really believe that

people would really be longing with this kind of offering or feature for these banks to have. We do know that people who do love and appreciate Bitcoins anonymity and decentralization wouldn't really be looking on trying out to make use or would really be adopting if in case that banks would really be having this kind of offering or feature which it would really be just that still useless knowing on how
centralized or heavily regulated these institutions are which would really be entirely removing the essence of Bitcoins characteristics or purpose in the first place.

Well, there might be still some crypto supporters or enthusiast would really be tending out to make use for this one in planning to have at least that safe keeping but in overall
it is really just that contradictory.
These banks are really kind to "offer" us Bitcoin services, don't they? attempting to attach the unruly horse known as Bitcoin to the unwieldy cart of conventional banking. Well done! The fundamental charm of Bitcoin lies in its independence from established organizations and their deceptive methods. For the "safety" of a bank, who in their right mind would voluntarily give up the very thing that makes Bitcoin special? Its a pathetic attempt by banks to remain relevant in a world that is changing quickly without them, and its incredibly ironic. Keep in your lane, banks!
4069  Bitcoin / Bitcoin Discussion / Re: The Chase to control the market! on: August 12, 2023, 08:39:45 AM
But still no one can control the market. The market will keep going as we see. And it's true that now many agencies or companies have invested in Bitcoin because they see the potential for the development of Bitcoin in the future. They don't want to be late to participate in Bitcoin investment.

It's hard to deny the presence of Bitcoin at this time, especially with the potential benefits that individuals or companies can obtain. This keeps many people and companies continuing to buy more Bitcoins. In the next year, when the halving will come or even after the halving, Bitcoin's popularity will increase even more than now.

No one wants to say how much BTC they already hold because its a secret. Maybe the question is: Have you bought BTC today? Grin
Organizations and businesses are embracing Bitcoinbecause they see its unquestionable future. Everyone will come to regret not joining the game now. It matters not only where it is at now but also where it is going. Shaving in half? Bitcoin's value will soar as a result, leaving those who do not hold behind.

The amount of Bitcoin that someone owns is irrelevant to me. However, you're losing out if you dont buy. Do you enter or exit?
4070  Other / Archival / Re: [A Bit of History] The most generous airdrop in the crypto history on: August 12, 2023, 08:18:13 AM
While altcoins come and go with their flashy airdrops, nothing holds a candle to Bitcoin. 25 Bitcoins for only testing transactions? That level of generosity surpasses that of any other altcoin. Anyone interested in cryptocurrency who hasnt thoroughly researched Bitcoin's history and market dominance is deluding themselves.

While chasing these new tokens in the hopes of earning large sums through airdrops, many often overlook the enormous obstacle in their path. Bitcoin remains the dominant cryptocurrency going forward. Selling it for ephemeral altcoins? amateurish motion. Holding onto Bitcoin is the best strategy, as true believers are aware.
4071  Economy / Speculation / Re: Big SEC Decision on Bitcoin ETFs: What's Your Price Prediction? on: August 12, 2023, 07:56:01 AM
Thus, everyone is raving about this Bitcoin ETF decision as if it were the final word. But let me tell you something: Bitcoin doesnt fucking care. There's no denying its worth, strength, and promise. And to everyone who is currently doubting it? They will be crying with remorse in a few years. Recognize that Bitcoin is far more significant than such insignificant issues rather than waiting anxiously for the SEC's ruling. Tomorrow is here. Lets not get lost in today's noise and miss the bigger picture.
4072  Bitcoin / Bitcoin Discussion / Re: BITCOIN: Give people time! on: August 12, 2023, 07:31:57 AM
That is quite the change from your uncle, dont you think? It surprises me that it took him this long to realize the potential, especially after you both contributed to his education. Maybe he could have profited from any market rallies in the interim if he had taken more initiative months earlier.

I consider saying "Give people time" to be rather accommodating. Perhaps they arent the right kind of person for Bitcoin investing if they can't recognize the chance when it presents itself. And to the second point, it is clear that enlightening someone does not ensure their acceptance. However, I dont see the point in expending so much effort on someone who isnt interested in understanding. And you must ask them to conduct research. Isnt that a given, though? Maybe they would be better off skipping the Bitcoin train if they are unwilling to make even that small effort.

Though, Slackers have no place in the Bitcoin industry.
4073  Bitcoin / Bitcoin Discussion / Re: Bitcoin as good store for value on: August 12, 2023, 07:08:56 AM
People who think of Bitcoin as only a short cut to wealth are completely nuts. They miss the real significance of Bitcoin's potential as a ground-breaking store of value and only perceive monetary signs. Unmatched in its capacity to circumvent established financial systems, transfer money with ease, and hold its value over time is Bitcoin.

However, these same people will unavoidably succumb to the temptation of useless meme coins in an attempt to make quick money. Those fools will watch their hard-earned money disappear as they invest it in these "shiny objects." Money and a fool are soon parted. While true crypto aficionados profit in the long run by comprehending and appreciating the fundamental features of Bitcoin, others will have to learn their lesson the hard way.
4074  Economy / Gambling / Re: No bet is a waste on: August 11, 2023, 05:56:28 PM
Agree with that statement, there are experienced gamblers who can still turn things into their favor even they experienced decent losses. They can recover in any way that you'll think that luck mostly sided with them. But in reality, they are just the same gambler that also trying to find some luck and accompany it with efforts to seek for value bets that they can use to try winning against the house, they take the risk knowing that there's a chance that they may win. Though there's nothing that we can do with the fact that the house always has that edge against the gamblers and only a few can manage to take some slice of what the house/bookies are taking from the end-users.
I like to think that and it may be that for this reason there are Winners in the casinos who take large amounts of money , and it is something that moves anyone , the Difficult thing is to get that money to risk and that money if you Manage to win, but If it happens like the majority of players who take those risks that way and then lose, it's crazy because later they have to get more money, and then if they don't have enough money or they spend the money they shouldn't have spent, that's something that before You have to think about gambling, you can dream of glory but you also have to do with what you are going to lose and the sacrifice after recovering the money that was lost that Should not be recovered in the casino.

Most people who gamble away their money in the hopes of winning large do so at great financial cost. The pattern of trying to make losses up can be damaging and seductive. Remember to establish boundaries before you even consider gambling. You're doing it badly if you're spending money that should be used for basics. Gambling should be enjoyable and done for pleasure, not as a last-ditch effort to make quick cash. chasing after losses? That is for moron. Understanding the risks and being ready for any outcome are crucial. Play responsibly and with caution.
4075  Economy / Gambling discussion / Re: Can Chat GTP destroy poker on-line gambling??? on: August 11, 2023, 05:38:41 PM
ChatGPT has the power to destroy and also to make Anything stronger, see ChatGPT as an advance level of technology. Many people has been against artificial intelligence technology in general, many people has seen it as a system that would take peoples Job

Although I don't think poker game needs ChatGPT service, the system of how the poker game works is fair enough to me, so any interference like ChatGPT or artificial intelligence technology can really affect the balance of things.
The poker table isnt a place for ChatGPT or any AI. Poker isn't just about the cards; it's about the people, their emotions, their bluffing tactics, and the energy they bring to the table. ChatGPT might have a lot of data and power, but it doesn’t have data on face recognition and emotions analysis. The beauty of poker lies in its unpredictability, in human intuition and gut feelings. Injecting AI into this game would be nothing short of sacrilege. It's infuriating that some people even consider using such advanced tech in a traditional, human-centric game. Leave the cards to the humans and the algorithms to the machines
4076  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: August 11, 2023, 05:18:53 PM
equality of women's and men's rights in gambling will never be the same in any country, at my place, everyone is free to do gambling, even many milfs gamble in offline casinos, but are they good women?  The answer is no, religious women will not gamble without exception, from what i have noticed only free women who are not strong in their religion gamble openly here, and when online gambling is increasingly widespread, i am sure there will be many female gamblers who appear either who are religious or not because of online gambling we can hide our identity so that other people will not be able to label us as a gambler (especially in families where strict religious rules are)
If we are going to talk from a religious point of view then those religions which prohibit gambling and consider it a sin, prohibit it on both men and women without descrimination. If you consider women who gamble bad women then men who gamble are also bad men. I know how you think because am from a culture that is not very different from yours. But as an educated person, you should start thinking differently. Stop considering women as a inferior species.
If a religion labels gambling as a sin, it does so uniformly for both genders. This isnt about men or women being "bad"; its about equal accountability. The sheer audacity of some to hold women to a different standard is infuriating!

Each woman is a goddess in her own right - beautifully and intricately designed with immense potential. Their worth isnt to be demeaned or questioned based on archaic norms. And for those discriminatory idiots still lurking around, wake up and smell the 21st century!
4077  Economy / Gambling discussion / Re: Advice when you are going a bit far in gaming and betting on: August 11, 2023, 05:00:43 PM
A gambling budget should be made in such a way that losing bets does not cause too much loss. If you are always indulging in gambling while gambling then you must refrain from it for some time in case you lose control. Many times it can be seen that playing gambling puts a special pressure in the brain and a lot of emotion is lost by losing the bet. In such a situation, if a person cannot control gambling then he must refrain from gambling so that he does not break down mentally. And some important things like not gambling excessively and not taking drugs or drinking anything to the max will further lose control. I think if a person is addicted to gambling or drugs in such a way that he should go out to get his control back. Or talking about it with the person's friends so that they can give him good advice only then a person can solve all these problems and bring them under control.
There is a clear issue that needs to be addressed: gambling addiction. It is ridiculous to consider that several nations have had to outright outlaw gambling because of a small percentage that lacks self-control. Perhaps jail time is in order for these junkies. After all, they are a major factor in many locations making it difficult for responsible residents to enjoy gaming. Society should be shielded from someone's irresponsible behavior if they are unable to manage their urges and become a bother to others
4078  Economy / Gambling discussion / Re: Do wager affect outcomes in any provably fair games on: August 11, 2023, 04:43:16 PM
Since many believe that,  their luck to win may increase when their wager more which have always proven to be a lie since the higher your wagering the higher your chances of losing although that doesn't mean you will not be lucky to win some hit at the end your losing ratio will be higher than your winning so ultimately it becomes a bad idea.

Superstition is one thing gamblers believe in so much but their believes is not always true although if it works for them then they can keep using it to win more bets. Some people believe the more they wager the higher their chances of winning and it works for them that way.

But the truth is that they increase their chances if losing when they increase their wager but since it hasn't disappointed them they will think that's how the system works but they're just been lucky with their bets. Wagers doesn't affect the outcome of any probably fair games.

You can't predict games that depends on luck for a gambler to win, slots games and the games been mentioned are all luck based games so neither increasing or lowing your wager will affect the fairness of the game. To prevent losing much, I'll advise to using smaller wagers.
It is essentially false to think that increasing one's wager will increase the likelihood of winning. By its very nature, gambling is unpredictable, yet the odds in these games are predetermined. It is stupid to believe that increasing your stake will allow you to game the system. Those who continue to believe this are fucking dumb. Its like dropping money into a pit in the hopes that more will miraculously appear. This approach will ultimately result in huge financial losses.

The amount you wager has no bearing on the outcome in games of chance like slots. Larger wagers just magnify possible losses. The significance of comprehending the mathematics underlying these games and taking precautions cannot be emphasized enough.
4079  Economy / Gambling / Re: BK8 - Biggest and Most Trusted Brand. Asia's #1 Crypto online casino BTC & USDT on: August 11, 2023, 04:22:34 PM
Yes they separate it to provide fair competition we will not see this method in other competitions except in BK8, By the way your VIP silver this month?

It's indeed a fair competition, there's no way an account with VIP Bronze can offset the amount of the bet value that VIP Gold has. No, I'm still in VIP Bronze, it's very difficult to reach Silver with my current condition.

This week I didn't bet much in gambling I don't even seem to meet the requirements for weekly cashback so there's nothing to tell
It's normal if you lose because you won before in a row, imagine if you always win, then this casino will be bankrupt.

Casino going bankrupt? that can't be happening mate, the house always wins. Remember that the casino implements the RTP system, it's from there that everything flows from operational costs to player winnings. So there's no way a casino will go bankrupt because they only use the money their users have.
You believe the RTP prevents casinos from closing their doors? That is foolish. Casinos certainly incur expenses, and occasionally they overextend themselves. Although they do have the RTP system in place, this does not ensure a steady stream of revenue. Competition in the market, poor choices, operational inefficiencies... these can all have an effect on their bottom line. And when things get bad, some people may turn to dubious methods.

Recall Betnomi? They appeared to be fucking scammers even though it began off as a legitimate platform. Even if they avoid bankruptcy, they will still try to manipulate you in various ways. Therefore, conduct a little more research before you completely trust a platform, and avoid believing "house always wins" .
4080  Economy / Gambling discussion / Re: Irresponsible behavior at the Las Vegas Casino on: August 11, 2023, 04:04:16 PM
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Yes, that's a fact why in land-based or offline casinos, of course, more people play casino while drinking, so don't be surprised if a case like this happens, because everyone can get drunk and get out of control until they end up embarrassing themselves, one of the things that prevent embarrassing things from happening namely playing at an online casino, at least playing at home is better than having to play at an ordinary casino.

Indeed, everyone has a different desire to gamble, some prefer to gamble in crowded places like offline casinos like that, but personally, in my opinion, it doesn't really make me focus on the game, so it might be difficult to gamble and enjoy the game unless you want to have fun, maybe a casino. offline and land can be an alternative because you can also play with friends and drink. but it's hard to avoid drinking in those offline casinos
Self-control is the golden goal, and those who lack it, particularly in offline casinos, risk not only their money but their dignity too. It's staggering how many choose to combine alcohol with gambling, a mix often leading to poor decisions and regret. Online casinos, as you've pointed out, offer a safer environment since there's less peer pressure to consume alcohol. Yet, regardless of the setting, personal responsibility reigns supreme. Just because alcohol is available doesn't mean one should indulge to the point of recklessness. The game's essence should be strategy, focus, and skill, not who can down the most drinks. If you can't control your urges in an offline casino, you have no business being there
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