But one person will flip a coin  Yeah, but that's the thing right... If you already have enough wealth, then sure, you might as well get the gamble and maybe get 5 BTC. But if you don't have enough wealth, the certainty of getting 1 BTC will probably be the best bet to make. |
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~snip~
Yes, I also don't want to place a bet using analysis produced by other people and it would be better when placing a bet to analyze myself about the team I am going to place a bet on, because by analyzing it yourself of course you will be able to enjoy the win or loss from the results we get. own analysis and not based on other people's analysis.
I agree with what you are trying to describe, when the chance of winning is certain of course there is little chance that the casino will pay it out.
Yeah, that's the end of it really. Once something is a clear way of making money, the casinos will quickly change the rules or stop the bets, or change the odds, etc. They are in control, so of course they will be reacting fast if suddenly they are losing money in a specific bet. |
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~snip~
Almost every person who has gambled once in their life must have experimented with that, having dreams and building skyscrapers in the air while thinking about gambling and how they can win a lot of money from it that will change their life. However, it mustn't have taken a lot of time before they realize that it is not possible and they are not going to see any success coming in their lives through gambling.
You get this realization when you get together a budget for your gambling activities and you aim to make a lot of money with that budget. You plan everything, how much you will earn each day and how you would stop after a certain point, you might even see your plan working for the first few days, but then, everything seems to fall apart and you eventually lose everything to the house.
Yeah, I think that is part of what the casinos want to create. A reality in which you as a gambler can generate money by just being smart and gambling on the right bets at the right time. No one else knows how to do it, but you are special |
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~snip~
you are one player in a million who will follow this choice. This happens because you are already used to and understand the risk. but many others would simply take the chance
Yeah, but that's the thing... It doesn't matter if one person or one million do it. The chances are just a math thing. Say you roll a dice. It doesn't matter if a million people roll a dice, getting a one is always 1/6 chances, no matter how many people in the world are rolling a dice. |
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It is best you gamble when necessary not because you want to chase your loss and win back you money, many are victim of this circumstances and for me is a bad practice and this might make you not to employe your gambling skills and roles because you inhast in your decision making. What is your opinion on this?
I think it is a safe advice, but the problem is that it is as safe as saying "don't ever gamble", which is not always a great advice, even though it is for most of the time. I think it means that everyone should think twice before spending a huge amount of money in some bet... |
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Then where is your own priority for being a gambler, are you doing such because you wanted to make money from it or you're gambling for fun and entertainment, we cant take gambling as an investment in which we expect return s from, we are to gamble with our money and have fun whether we are wining or not, we cannot expect everyone to be in this sadly expression all because they couldn't make a win firm the bet in gambling.
Personally I've only been gambling because of fun. Of course that fun means the possibility to make more money. But the moment that I realized the probabilities to make that money, I quickly just treated it as a rare thing to do because it felt a bit like losing money on purpose. Still fun though. |
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If you're poor you shouldn't be betting a single freaking cent/satoshi on any gambling what so ever. It will only make things worse, in almost damn near full probability. Here in the US we've got video poker /slot machine parlors all freaking over the place. There is more slot machine parlors in my city than any other kind of business by far. Not to mention in most restaurants, gas stations etc. If you visit them, the type of people that are always there...poor people. Same as the majority of people who buy lotto tickets and scratch offs. If you're poor, invest that money in your life, in your future, not in a low odds game or chance. When I see people buying a scratch off I can't help but think how much better that money would be spent taking a shot on some cheap shitcoin.
I actually this is the opposite of what it should be. A rich person doesn't need money. A poor person needs money. That is a fact. So, if we start with that, then we have that a rich person most probably wouldn't be interested in gambling because they already have enough money. Keyword being enough. Now, the poor person doesn't have enough money. That means they would be possibly be lured into gambling to get more money from nothing. |
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~snip~
Thanks for agreeing with me, but I can't resist emphasizing that it's an extremely bad idea to try to improve you financial situation to pay school fees, or for health-care procedures, or to tart a business through gambling. Online gambling is there to have fun with it, not for making money through it.
Yeah, pretty much. There is nothing out there to make money with gambling. Maybe there are things around gambling that generate the money, but in the sense of actually gambling, the money will most probably end up with the casino. If you have fun with it, then that's all good. You need to make sure you are actually doing something smart with your time and money,. |
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~snip~
Gambling is more than numbers. The head game is key. Winning and losing are what hook people.
Many gamblers say 1% of income isnt enough. Big spenders can place huge wagers, but most cant. Needing at least 10%? Interesting things happen there. Know the games, have the correct mindset, and have the discipline to handle it all - not just the money.
Gamble for fun, not retirement. Though nice, "responsible gambling" is hard. Call it responsible to spend 20% of what you make? Thats overkill. Anyway, whatever works for you. The key is identifying the risks, setting limitations, and sticking to them. I've made some money, and its not about how much you toss in, but knowing the odds and playing intelligently.
You are absolutely right. And that is the problem. The system works. Casinos create this whole idea of what a "VIP" is, but in reality it really is a person that is bringing a lot of money to the casino. Most gamblers don't really realize this, but they are paying way more than what they are getting are these casinos. |
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The topic subject is funny itself! It feels like "Hey you why TF are you gambling at work"  I will be replying to the subject, Gambling should not interfered with our personal lives , anyone Gambling at work is probably doing it for two reasons One: he's having a break which bores him alot, Two: he's probably addicted negatively to gamble at work If Gambling is beign done while working then such person is addicted and need help to quitting it because getting addicted negatively could ruin someone entirely Yeah, but gambling can be a slippery slope, and someone that just gambles a bit because they are bored can end up in a situation in which they can't control their gambling anymore. And then they start putting more and more money in there and there will be a point in which they will not have access to more funds, and they probably will lose their job at that time as well as their minds will be in another place. |
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~snip~
casinos are indeed a wonderful business. Even when someone hits the jackpot who wins big, it's still a small expense for the casino because there are still a lot of people who lose. so you will never lose at the casino.
We must be able to understand this, so as not to get caught up in greed which actually results in us becoming delicious food for the casino. Even a little victory is actually enough if we can enjoy it.
Absolutely right. Casinos are a money making machine, and that's why they are heavily regulated, and even banned in some countries. There is a massive amount of money flowing in, and a few drops going out in terms of cashflow. That's why casinos can afford such amazing buildings and free drinks and food, etc. |
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~snip~
As you said, most religions, including Islam, forbid gambling. Respecting those beliefs is crucial. I've seen gambling ruin lives.
Imagine a responsible gambling system. Like, adults making their own decisions, not abandoning faith. Think Vegas - it's strictly regulated and entertaining for certain nights out. Wish gambling were more like that. Where folks know their limits and have pleasure sans addiction.
Obviously, we must respect beliefs. But with loads of restrictions and support for those who need it, gambling may be done well. This boosts the economy and thrills people without the drawbacks. The subject is complex, but don't you think there's a medium ground?
Religion is simply a way of living a good life. It's a promise, a plan, a blueprint, etc, so that if you follow those rules, your life will be most probably better in the future. It simply says things like sacrifice the present for a better future. Gambling is present focused and it forgets about tomorrow. So, of course it will most probably make life worse in the future. But as you say there needs to be a balance between present and future, because the future is not guaranteed |
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Yes, AI is poised to revolutionize gambling through enhanced analytics, personalized experiences, risk management, game development, and regulatory compliance.
"Enhanced analytics" and similar things are simply ways to make money by selling those stats, but in reality you can't make money by gambling with that information. At the end of the day the odds are a given, and the more possible an outcome, the less the casinos will pay. That's simply the reality. |
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Yes, the 1% Risking strategy is suitable for high-risk types of businesses or games. Some people will accept a higher level of risk, but I think 1% is quite suitable to help us more easily manage our accounts. It helps us minimize risks to the lowest level, and does not affect our total capital, thereby making our playing psychology more comfortable.
However, it must be added that this is just a tool to help manage risk in gambling, we need to combine it with knowledge, skills and analysis to achieve the best possible results.
At the same time, 1% might be too small amount to even qualify for a minimum bet, or also it could be too much and be over the maximum bet in a casino. It really depends on what the gambler is comfortably losing. For some, that will be more, and for others it will be less than 1%. Setting it to a specific percentage seems not to be a generally good idea. |
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There are a lot of crazy things I made in gambling and that is one when I say "all in" after winning putting all my money for the last bet. It is really regretting at the time I lose and talk to myself that never do this again. Unfortunately, things like this have been expected and still, it happens again and again.
Well, the point is that we have to enjoy the moment. Of course, it was hurt when losing our bet but should also recall back and think that we are not gambling to multiply our money but to be entertained. But if this won't work, I don't think we are suitable for this.
Yeah, I think you make a great point in focusing on entertainment. If a gambler is not entertained, then there's no point in doing it in my mind. The most probable outcome will be to lose money, so might as well have some fun while doing it. |
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It's a seemingly paradoxical situation: gambling is legal, but talking about it is restricted. Imagine a society allowing the activity but discouraging open discussions about it. The reasoning behind the ban, is to curb the addictive nature of gambling. Promotional narratives often focus on big wins, minimizing the risks and potential losses. Imagine positive gambling stories influencing people who wouldn't normally gamble.
The concern about the "contagious" nature of gambling through word-of-mouth or online testimonials is insightful. Hearing about someone's big win can spark interest in others, even those with no prior gambling experience.
I don't think the ban is about discussing it. I think it is about displaying ads about it. There is a difference I think. Mostly because if they start banning speech, then that's a bad thing really. But they have banned certain types of advertisements like tobacco, alcohol, etc. I think it's not something new. |
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~snip~
In our day-to-day life, we have to follow the rules of our country and/or where we live. But if we break the rule of the country then we have to suffer. We will get punished by the rules. In the same way, those who believe in any religion must believe that they will get punishment if the do anything wrong (against the rule of the religion).
In some cases religion will clash with civil law. This is particularly an important issue with migrants because they bring different religions and cultures that might not be aligned with the laws of the host country. Not sure what you can do in those places because religion and law for each person is seen as the most important thing. Hard problem to solve in my opinion. |
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The last few years have been nothing but gambling mania all over the world and this really spiked the number of gambling addicts by a lot! Just in my country we have a lot of new bookies in the city and I still wonder why my Goverment keep giving them license to operate because at this point there are too many of them ...at least in Romania.
Funny how lately even NBA has a betting app right ? I might be wrong but if you open NBA app , you can bet directly from there with MGM support which is crazy. It also seems that USA slowly but surely are adopting new laws for betting in majority of the counties.
That reminded me that even Andrew Tate started a few casinos in Romania recently. Seems like they are a very popular thing to do over there. I mean, it's a proven way of making a lot of money if you already have some money. It seems to be a clear money making business. The only issue might be government regulation, but as you say in some countries this is almost non existent. No surprise that there are a lot of casinos popping up there these days. |
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Here is a nice merit number where it matches the activity:  |
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Hi everyone,
Gambling has become very popular in the world , especially after the changes that have occurred over the years with modern technology and the abundance of games, we can now gamble with one push anywhere and anytime . More money is flowing to sites and casinos in huge quantities, and everyone’s goal is to win more ,As is always known, if there is a loser, there is a winner, and I don't think that the percentage of losers is greater than the winners .
Is this true gambling is not place to make money is place to lose it?
I hate to break this to you son, but the casinos are the ones making the money. People win and lose, and overall lose money, but the casinos consistently win money from any gambler. That's just the reality. Not sure how you want you cope with that, but that is basically how it works. |
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