~snip~
I am seeing of them have fun while getting into the real thing. I know that there are some suspicious and just trying to attract more people sign under them or their agency for the casino that they promote locally. But sometimes, they're just for real that I know these people(agents) personally shares how much their players won but it's been a long time since I haven't seen them so it's probably part of the plan and marketing but, it's still allowed in our country.

~snip~
oh, yes, if you consider casinos in real life that there's all the "this is an experience" dymension
have you ever seen comparisons between the profitability and total revenue of irl casinos and digital ones?
I wonder how distant they are since the online casinos can reach way more people without geographic limitation.

Mathematics has variations in application 
You are absolutely right, but someone can make other calculations, for example, not count the expected return, but compare the potential maximum losses. In this case, in the first option there are no losses at all, and in the second case the maximum loss can be 1 btc. And then mathematics tells us to choose the first case.

In what I know about AI working in the gambling industry I am simply doubting if luck could be manipulated like that but it is viable in some cases sure the house has this kind of AI feature but for sure if there is some AI predicting what is happening with gambling I will surely be impressed but not all can be solved with AI this is just what I think it is better to gamble on your own than to console an AI what you're going to do next,

For me, the application for gamblers is not viable but for the house, it could be used in random Casino bets and when the AI is going to make the gambler win a bet or not, or some application in the gambling industry that is not applicable for use in gambling.

Just trying to get the communities opinion based on their experience about the topic.

Personally, a a bettor, I find it very stressful when watching the game you are betting especially if it will end up a losing bet.

If we have the same experience, how do you cope up with that problem, after all, gambling should be fun but why we have this kind of feeling that we feel disappointed when our bet loses?

The effect of gambling and almost any kind of addiction is almost always the people around that's affected the most, they're the ones that will deal with the things that don't affect you, financial problems are going to be their burden, emotional burden is also an addition to this, think of addiction like cigarette, the second-hand smoke is more dangerous than the first-hand smoke. That's why in most people that are trying to recover from addiction, they almost always say that they want to change because they want to be better for their family and then second they want to be better for themselves, the priority in recovery is already evident which ones affected the most.

~snip~
I still think that if there was anything else at stake other than 1 BTC guaranteed for example, there would be more supporters of the other option. Because people often consider the value of BTC in USD or in their local currency. And this influences, tends to choose.

It's still a bill so it's not yet a law. I have got a lot of friends that are gamblers and they always share their betting slip, wins and losses in their facebook accounts. Once this passes onto law then it will surely going to stop them from sharing the same content materials that have been done. A lot of them are agents of these casinos and that's why it will affect their hustle if it happens to become a law. But as of now, there's nothing to worry about it if it's not yet a whole law and not yet signed by the president.

"Your wins in gambling are just your money returning to you." While there's some truth to it, I believe it's an oversimplification. Yes, casinos have the edge, and over time, most players will lose more than they win. However, that doesn't mean every win is just a return of previous losses.
I have seen new players win big, and I myself experienced unexpected wins myself. Sure, there are countless losses, but not all the time. We should understand and not forget that gambling is about risk and sometimes luck will be on our side. House may usually win at the end, but it doesn't mean that we cannot enjoy the occasional big wins in the game.

~snip~
I have watched some videos on YouTube about a guy I think it was in Las Vegas about someone who is being invited by a casino and instantly is on VIPs because his completely winning every day, For sure there are some losses but he's winning is already millions as far as I remember so casino is doing this invites because they wanted this guy to lose all of his money on gambling but I guess he is just lucky at some point, I mean It was surely possible at some extent to be able to earn a huge amount on a gambling casino and not losing in a way, but for sure there are only a few people that able to be lucky to do this, I mean its possible that it doesnt mean that it is going to happen to every one of us, so its better to not let your hope high.

That is always going to be a thing in case you lose more that just means that you're getting your money back, the way I see it is if you're not winning or losing more than winning you should just stop gambling since there was nothing to gain, still it is going to be fine for sure as long as you are going to do it moderation and for entertainment purposes.

~snip~
1 BTC without playing? You mean that someone is going to give me 1 BTC for nothing? Everyone with a brain will choose the first option.
Getting money with zero risk will always beat gambling. You didn't mention how much should anyone bet in order to get 5 BTC. You say that the chance is 2 to 1, does that mean that we should bet 2.5 BTC in order to get 5 BTC? I don't believe that any serious gambler would risk 2.5 BTC for the opportunity to double it. You are kinda wrong about this. It's easy to make the right decision when you are rational. The problem is that many gambling addicts don't think rationally. They just keep chasing the big profits and are willing to risk everything.

This thread makes me think how many of the petty crimes we all see in news and in the newspapers are the result of people getting addicted to gambling. You know, the first thing which comes to my mind when I see those sad news on Television, is that those who are involved would be the victim of addiction to very harmful substances like Cocaine or Crack, because that is like the most obvious thing we could assume. But in reality, it could be also people who have gambled away most of their assets and since they have become addicted to it, they do not see any solution to their situation, besides stealing to further push their addiction to new levels of degeneracy.

In this thread we have learnt about people who were willing to kidnap their own family in order to continue to gamble, so I dont have any doubt in my mind about people going even further to please their insticts on gambling.  

Those kinds of stories are the ones used by the Muslim community as an example of way gambling can be dangerous, then in reality, we as adults are the only ones responsible for our habits, in the end.

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I didn't think AI can affect luck based games too, AI is advancing the way we do somethings and that's the way it can affect gambling as it'll affect the way we gamble. With AI, artificial reality will be improved and this is how AI is going to influence the gambling industry not with the prediction of games as AI can't predict games currently. AI had been used to try and predict sport games and many of them failed to get it correctly as sports game doesn't depends on data that AI depends on.

Don't trust any game that AI predicted, when it comes to gaming AI can't be more lucky as you. Gambling depends on luck as having more intelligence or experience won't work for you most of the time when gambling and this is the reason why an inexperienced gambler can win big amount of money but an individual that has been gambling for a very long time won't have the luck to win.that big as she's not lucky.

I don't see the possibility of such bill scaling through in the Parliament.  This will be a dumb law. How will you consider betting legal and then prohibit adverts online. The question is how will the bookmakers who pay tax to the government make adverts? I trust the bookmakers to ensure that such bill doesn't see the light of the day. Such law is likened to gifting someone and then telling the person not to make use of the gift.

I think such bill will be modified to state areas or channels where gambling advert shouldn't be placed to control younger people from having assess to gambling platforms and not prohibit it totally.

I find this unusual and weird I live in a country where gambling is legal there are lotto outletss in every corner, there are horse racing betting outlet and there are online betting station that originates in our country and yet there is a pending bill that if you're going to post or talk about gambling you'll likely going to get fine of 500k pesos or $90k and you will also land in jail.

So if you post that you won in horse racing or you post the winning bets in daily lottery you will likely get charged and penalize, so what do you think of this law, is this right?


Senate bill seeks ban on pro-gambling online content

AI has impacted almost all online businesses to major extent. Do you feel that there will be major impact of AI technology on online gambling industry as well ?

Hi community,

I remember when I was in middle school, we used to play cards almost every day, and our stupidity reached the point where we would skip classes while we were inside school. The method of playing was easy, as the largest number was the winning card. So, some of my friends and I would gather in the middle school bathroom and make bets with the money that we had collected  from selling cigarettes.
Of course, this is not something I am proud of and I do not recommend it to everyone, but it's just childhood memories .

-Have you ever bet at the wrong place and the wrong time?

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You're right, sometimes we ask ourselves questions about unknowns for which we don't even have an idea of the solution, and sometimes the solutions or answers are so easy and simple that we don't believe them, so sometimes this happens to us when we lose, Anyway, I'm Surely when we go to a casino and instead of winning money we risk something else, these types of things when they happened would not be given the importance that they are given now, because when money is lost we want answers as to why it was lost, Personally I have always seen that things with casinos and when you win or don't win, it is very random, because in the event that the casinos did not allow some players to win a lot, then there would not be those who would have made big wins on the slots, and they are millionaire profits

For now, what you can do as a player is to stick only to what you can spend without decapitalizing or neglecting other basic expenses. This is the first thing to do, then losing with a lot of money, winning with little money will no longer be something you affects us so much, but having us as players have the exact balance to place bets, well that is something that we must accept, at some point there will come that touch of luck that you can win with a high amount of money that can be risked, and if you lose It will not affect the player's life or bring bad omens.

~snip~
Hmmm you're right people will really bet on anything huh? Maybe we should switch the bet to betting on which nationstate will be successful in a cyber attack to change all the votes the night before in whatever direction they want??? haha  Now wouldn't that be hilarious. Of course if they are communist China they will have Biden stay, but Russia perhaps might want Trump in, but it seems russia has even taken a turn  they said they would want Biden to stay in office in the next election. LOL

Often a person tends to blame their failures on anyone or anything but themselves. This is characteristic of many people. Personally, I try to first find a mistake in my own actions, and then look for someone else to blame. If you do not make righteous conclusions, the losses will continue, although they could have been easily prevented