Bitcoin Forum
November 11, 2024, 07:08:40 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 [231] 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 ... 361 »
4601  Economy / Gambling discussion / Re: Poker Probability Texas Hold 'Em on: December 13, 2020, 04:50:33 AM
This list is a good overview for beginners but Texas holdem pros know exactly what to expect from a hand based on their experience.They know that if 2 aces are down in the cards and they have 2 aces in their hand it is going to be a massive win for them in 99.99% of the cases.

This is a myth...

You could put some opponents on ranges. It would be best if you always tried to do it. But knowing in 99.99% of the cases is far away from reality.

For example, some opponent types like the passive calling stations, you could not even put them in any range because they are calling your bets with any two cards. In this situation, you are bet/bet/bet with any MID+ and hoping for the best Cheesy
99.99% of the time seems a bit overexaggerated, but if you were to calculate it, then the chances of winning against that is a pretty low afaik. Not sure about the numbers exactly, but just looking at the hands that could win against that, then one could assume already the chances of actually getting it. Still, most players know that even if it wasn't ace, as long as they have a pair, they havev a pretty good chance of fighting for a win for that round, most of the time.
4602  Economy / Gambling discussion / Re: Cambodia enacts new laws related to gambling. on: December 13, 2020, 02:06:30 AM
I don't really know what is wrong with gambling, as if other officials in banned countries does not playing gambling. In my country, we are neutralize about gambling. In fact, there is a government agency here that regulates all of gambling site or games. There are gambling games which banned in my country but not all of them. I am happy for the legalisation of Cambodia in gambling. And it is my bad to know how government of India treated the gambling industry. It just prove that India is still close to culture and religion.
Well some people (or governments) prefer to just simply run away from responsibilities, and the easiest way to do that is to remove the source of where those responsibilities came from. Gambling isn't really a problematic issue, but due to the way it's growth went, the community itself (or rather those who got addicted) lead to some unfavorable impressions towards those non-gamblers, which made it an issue. And mental state guidance isn't really an easy issue to manage. The risk of people getting addicted, and then getting reported is a pain in the ass for some ngl, and enacting laws that would satisfy both gamblers and both the common populace seems like a difficult issue for them, which is true, but they just refuse to think of about it anymore.
4603  Economy / Gambling discussion / Re: Effective tips to maximize low wager slot games on: December 13, 2020, 01:24:22 AM
Maybe I will try it for myself whether it is really effective when I put a larger wager then I will have a higher chances of winning. If I can see that my chances of winning in doing it will range above 70% then I will consider it as good tips.
Well, the strategy still relies on luck, it just puts your funds in a better-suited spot to actually try out the game to get experience, as well as a spot where you could possibly profit the largest from. Additionally, give up on thinking it increases your chances, there's never a style or strategy that would increase your chance in any type of gambling game, ever. At most, strategies would help you not to lose badly, but that's it, it could only touch the realms of losing, and not winning. Tips and strategies are mainly centered on what to do so that you can get the best chance of taking advantage of you actually winning, so the prerequisite here is for you to win, and only then would some tips work.
4604  Bitcoin / Bitcoin Discussion / Re: Crypto Wallet Regulations: A damn good time to be paranoid on: December 12, 2020, 07:29:46 AM
Kinda ironic how it was another party that influenced those that store their coins in exchanges to actually use non-custodial wallets. Though it is them that is also attempting to influence those that still use custodial wallets, possibly in a negative (or more like a pain in the ass) way. People never really learn until they're hit now don't they, just hope that this message is enough of a warning for those still storing wallets in their exchanges. I'm pretty sure most people are investing in crypto aren't that idiotic, and probably most of those that would stay in exchanges are active daily traders.
4605  Bitcoin / Bitcoin Discussion / Re: Millennials’ impact on the future of digital assets. on: December 12, 2020, 05:34:54 AM
Well, it's quite understandable, after all, they are the group that most likely was impacted by the technical revolution. Let's not even mention them profiting off of it, just the fact that they were willing to actually use it shows that Millenials aren't swept by the wave, but rather they direct the wave. They also had the opportunity imo, to take advantage of the growing requirements for tech-savvy people in companies, landing jobs that pay quite well that well, let them find and invest more from the internet. You can even say that they themselves were one of the people that experienced the benefits of the internet and has continued to lead the pack so far.
4606  Bitcoin / Bitcoin Discussion / Re: Bitcoin will never replace fiat cash. on: December 12, 2020, 01:10:30 AM
It never was imo. If Bitcoin was supposed to replace fiat, then it has its work cut out for itself imo. After all, being able to manage the economy makes it simple(but not really, but a lot easier) to respond to problems, which is why the government is taking the lead on it.
What store of value is it storing? It`s not like gold where the value that is stored is actual metal.
From what I know something can become a store of value as long as it can maintain its value, rather than depreciate. Now I know Bitcoin isn't exactly something that has its price tag that fits the "maintaining value" part, but as for it depreciating? I think history can prove itself with that. Not only that though, afaik, but Bitcoin also fits most factors that a store of value asks for like scarcity.
4607  Economy / Gambling discussion / Re: Cambodia enacts new laws related to gambling. on: December 11, 2020, 10:29:14 AM
Were the laws back then unfavorable for the players or something? Anyhow seems like quite a positive change for the gambling scene in Cambodia. Ofc, taking notice of the gambling scene and adopting laws properly into it, instead of ignoring it, is what most gamblers want. Especially since some countries just straight up ignore/ban gambling since it's a bad "influence" for the younger audience, which is plenty stupid imo since they're basically just running away from it.

I just hope that the shortlisted watchdogs do their jobs properly, it isn't that rare for issues to crop up due to corruption treading its reaches quite deep into the space of authorities. Unfortunate for those that want to play KYC free though, since it seems like they're going to implement stricter regulations for that.
4608  Economy / Gambling discussion / Re: Is There any legit "android" games you play using cryptocurrency on: December 11, 2020, 07:50:37 AM
Err are we talking about android games that you can pay with Crypto, or android games that pay out crypto? Might be better to move it in Bitcoin Discussion if so, since it doesn't really enter the realms of gambling. Anyhow, there are quite a few that introduce them to the internet, just that I actually have no knowledge whether they are legit or not. I'd rather stay away from them tbh, and just go for legit beer money websites like amazon mturk since those are guaranteed legit.

4609  Bitcoin / Bitcoin Discussion / Re: Bitcoin used by Criminals to sophisticate their footprints on: December 10, 2020, 11:56:25 AM
Yea, I meant to say 'sometimes'.
And yet criminals use fiat money all the time to commit crimes and yet it still hasn't even been called a scam. My opinion here? Let's stop being stupid and stop blaming the currency for being a tool. We can use it, and we love it right now because it is a tool, and that's that. Anything can become dangerous in the hands of someone who knows how to turn it into one, so there's absolutely no need for us to do anything. For anyone blaming Bitcoin as a tool for criminals, just tell them to throw away everything they have since criminals also use those anyway.

4610  Bitcoin / Bitcoin Discussion / Re: BTC vs GOLD on: December 10, 2020, 10:19:56 AM
Quote
as digital currencies become increasingly popular as an asset class

This line was an inevitable conclusion imo, and this phase is probably just the transition, the beginning so to speak. Idk if it has affected the market that much, but I suppose it's only a matter of time, especially since Bitcoin itself is becoming more and more favorable in the eyes of the majority. You can expect people who know how to invest in gold to know about BTC, but I'm guessing that those who know how to invest in BTC don't know much about gold.
Most like the Gold and Bitcoin is much the same? but for me i think if i'm going to be for a long term investment i'll go for Gold well the price of it won't crash dramatically unlike the Bitcoin that in any moment it will crash and so the cons is that i can't pay gold online unlike Bitcoin which more likely a Gold of the internet.
Gold isn't that appealing as a long term investment, unlike gold, which is probably why it became like this. Not to mention the ability of Bitcoin to become a safe asset itself, with time that is.
4611  Economy / Gambling discussion / Re: What sites offer FREE Plays, FREE Spins, Free Bets - Lets make a list on: December 10, 2020, 07:54:55 AM
Riobet is one. There was a topic about it here since it wasn't that well known, so people assumed it was a ripoff of roobet or something. Here's the topic if anyone's curious, from the ending though it seems legit, someone even posted a sample of what the free spins were and what he needed to do to withdraw.
https://bitcointalk.org/index.php?topic=5288179.0

The rest that I know was Fortune jack only, tried looking up some sites but Idrk about their legitimacy.
https://cryptocasinos.com/
The list is quite long though, for anyone curious. And bet on your own discretion.
4612  Economy / Gambling discussion / Re: Effective tips to maximize low wager slot games on: December 10, 2020, 06:53:05 AM
Err okay so this is what I understood. In the end, slots don't give you a definitive chance of winning BUT you can play it in a way where you're losses (which is definite) can be controlled to be set to the bare minimum. That's the only pros that I actually understood why people should play low wager slot games. However, players can also big win if they bet big (which is a natural even among other games). In the end, it still ends up in actually being lucky to actually win the games, and betting big would still give you a high chance of losing.

Still the idea of betting low when playing games have always been a factor when I play. I've only ever played with small amounts, never big ones. It's like asking for a jackpot, which I doubt I'd actually hit.
4613  Economy / Service Discussion / Re: Primedice = Prison for your money on: December 10, 2020, 01:37:10 AM
Well KYC was, and always be an ass for most players. Unfortunate that you didn't know about Primedice's rules about it beforehand. The very least is that your funds aren't locked out permanently... so far. If they find "issues" with your id then your funds may very well be locked out for a longer period of time. Might as well ask around on other prime dice users who got hit by KYC about specifically what happened and what they did. It isn't just prime dice tbh, any casino with a KYC is like a prison for your money, and not only your money but also your identity. This is why a lot of people love casinos without KYC, I myself am one. 
4614  Economy / Speculation / Re: BTC hovering at 19K, but there are 4 reasons for a further pullback on: December 09, 2020, 10:38:14 AM
Err I think only one could even be said to be a valid reason. Miners are always selling Bitcoin, I doubt that has much influence on what's happening right now. If miners selling Bitcoin affected the market like that, we would've never made it this far. As for investors, I don't have much to say I don't really follow news about that. As for stock market, wasn't it already established that the stock market has nothing to do with the crypto market? and relating it to a decline makes it seem like every decline affects crypto, which is most probably not.

1 could be a reason, or just that we're experiencing a correction right now. Bitcoin went up too fast, anyone could actually see that. I think most expected the correction to happen earlier, but it only happened when it was about to break through $20k so I guess that was unfortunate. Maybe if it broke through $20k, we could've skipped that correction.
4615  Economy / Gambling discussion / Re: The biggest 10 countries that gamble the most. on: December 09, 2020, 07:50:17 AM
I don't read lmao, I almost thought Australia was the top country that gambles the most, turns out it was the country that lost the most in gambling. Reading the article though, it seems like that the Australia topped on is average losses per head, so basically means that Australians bet more compared to US citizens, but US has a much larger population which is why it ranks at the top when looking at the losses per country. Still though I actually thought the US would top both, since I believe the US is one of the countries that gamble the most. Turns out US citizens are a bit more controlled in their gambling tendencies

I don't live in any of the countries above, though my relatives do stay in Singapore and the US. Sadly none of them are actually avid gamblers, or at least not that I know of.
4616  Economy / Gambling discussion / Re: Anyone who have worked or currently working in casino? on: December 09, 2020, 04:53:20 AM
They can be of help to be honest. If they share some secrets here that might be exploitable if that information landed on the right hands. I agree in regards to people, but I do not think that they are weak minded, this so called "weak minded" gamblers are the same as any other person, they know deep inside that they are addicted but they can't stop, like how cigarette smokers can't stop smoking even though they know that it is bad. It is easy to say that these people are weak minded because we are not in their shoes.
I don't think casino staff would risk getting fired for that. The casino is monitored 24/7 afaik, or even if not 24/7 at least the entirety of the working hours, staff as well as players are monitored. As for exploits and what not, remember that not only the player could take advantage of it, they could also report it, sizing a good amount of cash for that report possibly. That would result in the staff shooting himself on the foot due to the exploit they shared.
If you know people who work in a casino, it will be a bit easier. And especially people who work in management there, you have easier options there.
And it also differs enormously per country what the working conditions are. If you are good at your job in a casino, and you have potential then it is a beautiful world. That is, if you don't gamble.
Uhm no, you're going to a casino to play/gamle, not to get hired. If it was getting hired, then yea, knowing someone is a plus, but knowing someone in a casino you're going to play on? I hardly doubt that's useful.
4617  Economy / Gambling discussion / Re: Crypto Casinos and Sportsbooks missing from Bitcointalk? on: December 09, 2020, 01:56:17 AM
Well, it depends if actually someone uses them, and they have inquiries or even just want reviews from users of the same site. Not only that, some of what you said are promoting in the site here, so questioning about their sites from where they got it from seems quite understandable. Additionally, the traffic of casinos discussed here is mostly about what people here use, it's not like they're gonna ask for a guide for a site if they don't want to particularly use it right?

Just looked up MalinaCasino, seemed like it was quite a bad site. Just a few site reviews already stated a lot of negatives, which is also probably one of the reasons why you rarely see these sites in here. They're inherently bad already, compared to some of the sites here where there are some issues, but not that bad.
4618  Economy / Gambling discussion / Re: How tricky is this? on: December 08, 2020, 11:11:36 AM
It's like that stupid (I call it stupid even though I used it lmao) strategies of examinees in a multiple-choice exam. If you had a question with no answer, and the past few answers were all C, the chances of it being C is less unlikely, according to your bs reasoning pulled up from who knows where.
For competitive exams though those who are doing that have no chance of clearing the lowest cutoffs. Cheesy
True, was just making my point about it. Students who have no path to go forth tend to rely on some stupid theory they themselves have experienced from every exam after all, and one of those is the gamblers fallacy.
Quote
The stock of balls in gacha is limited so if you keep on pounding that machine with coins eventually you will drain its stock so you get what you wanted. You would also spend a lot there, but its better in my opinion than plain gambling - at least in gachapons you get something to keep.
That's probably why people tend to accept gacha, when they refuse to acknowledge gambling when in a sense, both of them are actually just the same thing. People tend to accept things that return something even if it was chance, as long as that something was actually an item/object instead of money. Yet they also accept lotteries and jackpots. Quite the odd society tbh.

When you say bets does it mean sports bet or events?
Because if it is a sports bets then we couldn't really predict the outcome of each match's so there wouldn't be a trick for it other than studying everything about it before betting.
Calculating their chance of winning against their opponent and knowing their pros/cons.
But if it is bets on dice or gambling I think it is bad luck and greed at the same time.
Pretty sure it applies to both types. There are times when a game between two teams end up in one team winning due to luck. A sample would be ace player got injured, not feeling well, etc, but those factors aren't really taken into account when you bet at the start.
4619  Economy / Economics / Re: My opinion on Inflation w/c affects greatly on fiat currency and how to beat it! on: December 08, 2020, 07:24:37 AM
Uhm I don't think what OP said are actually "solutions" since I don't think Inflation would, or should disappear. It's more like ways to avoid being infected by inflation. Inflation itself isn't a bad thing afaik, but exceeding a certain limit would turn inflation into a bad thing. It's closer to running away from inflation if I were to honestly choose a term, whether it was investing via gold, bitcoin, or real estate, though there isn't anything wrong with it.

Additionally, compared to Gold and Real Estate, Bitcoin is a volatile asset. A very volatile one. Using it to avoid inflation seems a mistake since you never know when you might get hit. Although the general idea with Bitcoin right now is you can never lose when investing on it, hey who knows right?
4620  Economy / Gambling discussion / Re: Gambling Investment | I NEED HELP on: December 08, 2020, 01:20:07 AM
You should be careful when choosing those gambling sites recommend here, it might not give you good results in the end. There's many of them, but that doesn't guarantee us a 100% profit because our potential loss is always present when it comes to betting. We can try them but as suggestions don''t trust  directly and always conduct some evaluations at first.
It's not betting, it's an investment. And yes, nothing, not just in gambling, can guarantee you a 100% profit. I doubt OP doesn't know that. An investment in the first place is something like a regulated risk to earn a profit, and additionally, most of the sites recommended are ones that have been tried and tested, just look at the 2 forum posts on the reply after OP, those are hard evidence of how the investments go.

Well, I only know bustadice and bitvest, but well, good luck on your venture OP. Maybe you can try posting a forum post about updates on your investment to let others learn/experience investments in gambling sites.
Pages: « 1 ... 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 [231] 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 279 280 281 ... 361 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!