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4601  Economy / Gambling discussion / Re: Why do 90% of Bettors Lose in Sports Betting in the Long-term? on: August 03, 2023, 05:43:53 AM
Its actually quite easy, if you really want to bet on sports that you did not know before, we can bet on the favorite team, even though it do not always give a guarantee, but if we are lucky, we will definitely get a win. but unfortunately this is not only about luck but also about favorite sports like for example you really like football and are a fan of one of the football teams but have no knowledge of other sports after that you will always bet on football because thats the only way you can win.
Its really not recommended to bet on something we dont know, because even though everything still depends on luck, its better to get bigger odds from sports we know, so I agree with you.
But often, we don't know which team is the favorite, so we can only guess based on the betting positions on the market. And that also doesn't guarantee us to win because everything might still depend on other factors. If you bet on your favorite sport, your chances of winning will be greater because at least you already know the details of the sport and only need to analyze each team that will compete later. If you can already find a team that has a bigger chance of winning, it will be easy for you because you can place a bet on that team and wait for the results. Betting on something we don't know about is just for fun and want to have a different experience so if we are curious, we can find more detailed information about the sport.
4602  Economy / Gambling discussion / Re: Collective bets in local lotteries on: August 03, 2023, 05:22:51 AM
We really never know our friend until there's money involved, friends will agree on the terms when you're betting but it's different when you all win, there's also betrayal and quarrel along the way like if the person who thinks of the number ask for more shares.

So many things have to be settled or at least get the help of an attorney so you can all be guided on how to proceed in case your group the jackpot so everybody is bounded by an agreement created by lawyers, to avoid this hustle its better to just bet on your own if you hit the jackpot there is no agreement to follow.
That's what we must be aware of if we want to make a deal related to money because money can change everything, including friendships that have existed for a long time. Maybe we really should be able to know which friends are real friends and which are not so we don't run into problems later.

And usually, the problem of sharing money can trigger fights among friends. But maybe it's better if the agreement is done in front of a lawyer so that there is a legal bond that we and our friends cannot violate. It is also to avoid trouble between us and our friends.
4603  Economy / Gambling discussion / Re: 5 Bitcoins to never gamble again. Will you take it? on: August 03, 2023, 04:54:23 AM
The retirement age globally lies between 55 to 60. At that age I can understand our body won't be as productive as it was before. The age group that you wrote can still be competitive enough. At that age ambition and achieving more doesn't stop. When you stop competing with yourself every ambition would stop. For some an amount of 5 BTC can help them lead a an average life for others it is still less and they would try to get more. This is when they might try to gamble some of those BTC to achieve their target quickly. They might fail or win depends on their luck.
We must know how capable we are of achieving that ambition. If we are old, we should be able to reduce that ambition. Our children must continue our family's journey while we can supervise our children's life journey and still give them advice for the best. If we only want to fulfill our desires and ambitions, it will never be achieved, considering that our age is limited and our health and abilities will also decline. If we are old enough and can get those 5 BTC, we can try to help our kids with those 5 BTC so they can use them better than us.
4604  Economy / Gambling discussion / Re: Will you cheat in gambling? on: August 03, 2023, 04:33:20 AM
That will depend entirely on the morality or the ethics of that person, I am quite sure the majority of the gamblers out there will never think about cheating the casino even if the financial gain could be high, however there is also a small number of gamblers out there which are looking for bugs or even trying to find ways to provoke them, and it is clear that for gamblers like that if they happen to find a bug they will take advantage of it immediately and hope for the best at the moment they ask for a withdrawal.
It's because they think what they're about to do to the casino could have a bad effect on their account, so they don't want to try it. Maybe a minority of gamblers or cheaters are looking to exploit that bug loophole to their advantage. But the casino will know sooner or later so that the casino can later block their account and they can't play gambling at the casino anymore. If they report it to the casino, the casino may reward them well.

It comes down to personal integrity, I suppose

If you're the honest, trustworthy type, you'll blow the whistle on the worm. Obviously, you don't want your fellow gamblers to lose their money due to a bug in the system. Plus, the bonus money from the casino if you catch it is a great touch, right?

But if you believe that "the world is a jungle" and that "every man for himself," you might try to take advantage of the flaw. A gift from the cosmos, if you will. However, keep in mind that casinos have hawk-like surveillance systems. They will surely attack at any moment
Surely the casinos will know. The accounts of gamblers who rigged the casino system would surely be banned until they could no longer register with the casino. And that is a loss for those cheating gamblers because if it was a trusted casino, they already lost 1 casino because of their cheating. It is very difficult to find a trusted casino, so we shouldn't do anything that can harm us. But that's up to everyone because we must also be responsible for our actions.
4605  Economy / Gambling discussion / Re: Other Things You Can Bet on Aside Sports and Casino Games on: August 03, 2023, 04:13:23 AM
-snip
it do not matter if its just for fun betting a small amount at an unreasonable bet like you mentioned. sometimes i think life is also like a gamble between being successful or only getting worse. sometimes I also bet for fun with my friends but dont just use money but bet with cigarettes and bet on the number behind the license plate of a vehicle that will pass and its very fun.
Im sure that some of the people here have all made unreasonable bets like this, but the reality is that its very exciting and sometimes we as bettors need another betting sensation, not because of addiction, but a different betting atmosphere.
I often do that like you do and it's a lot of fun because it's a mystery that we don't know which vehicle will pass. Besides, it's a small stakes game between our friends and us so there are no regrets whatsoever. And if we play gambling at an online casino, it's really best to use small betting money to avoid big losses. Especially if we have often had the experience of losing playing gambling at the casino, we want to avoid big losses. But indeed, not many of us have succeeded in winning a lot of money from gambling, so we must be able to control ourselves while gambling.
4606  Economy / Gambling discussion / Re: Olympic Games, but doping is allowed?! on: August 02, 2023, 09:58:40 AM
In theory yes, if doping was allowed then doctors should keep a close watch on the athletes and the reactions they have to the medicines they take to improve their performance, but at the same time it is not as if we can predict perfectly what will be the effects on a person after taking a drug, while at the same time some heart conditions are very difficult you detect, and when we add that many athletes will probably take drugs on their own without consulting their doctors then this could create the perfect storm for a lot of accidents to happen.
Besides that, doctors must also be wary of those who can easily get these drugs on the free market. Maybe the people who tried the drugs discovered something that made them want to continue taking them. And it impacts one's health in the long term, especially if there is no further research on the effects of these drugs on one's health. But for athletes, it will affect their health too because they are the first to use these drugs so doctors and researchers must routinely check the health of athletes.
4607  Economy / Gambling discussion / Re: 5 Bitcoins to never gamble again. Will you take it? on: August 02, 2023, 09:05:37 AM
Maybe it's not even about greed, rather it's because 5 Bitcoins aren't enough for the person to fulfill all their dreams and goals. Even though 5 BTCs look a formidable sum of money, it's not enough to live confortably until the end of your life considering all the expenses we already have daily, plus adding increasements due to having access to a superior level of confort, which demands more money and income.

It makes the person looks for more money yet, and then gambling will remain as a valid alternative for those who believe it can work as a source of extra income.
Yes, you are right it cannot be called greed. It is called insatiable wherein a person doesn't feels full even though he has more than enough. This is quite a common thing among youngsters who are never happy with what they have and want more for themselves. We all have gone through the same psychological condition some time in our life or may be going through it now. A gambler would always be insatiable and would always try to achieve more money for him. After owning 5 BTC if a gambler cannot stop gambling then most probably it is because of the addiction or because of insatiability.
If we only pursue satisfaction, it will never be enough. We must remember how far we can go to get more, especially if we look at it from an age perspective where young people can get more because they are in their productive period. Meanwhile, if we are old enough, meaning if we are over 45-50, our abilities have decreased significantly. Of course, we are also unable to compete with younger people, so we must know ourselves. So if someone gives 5 BTC and we can still find more BTC, maybe we can do it. But if we can't, it's better for us to enjoy those 5 BTC in moderation.
4608  Other / Off-topic / Re: Do you gamble because you don't have sufficient money? on: August 02, 2023, 08:15:17 AM
There is no problem in gambling if there is a very small amount of capital but those who do not have any capital are also involved in gambling by borrowing money from banks or other sources. The biggest problem in this case is that when he loses in gambling, he will face many problems including zero capital. Since he has taken a loan from the bank or any other source at a high rate of interest, he has to resort to some other means to repay the loan which will not be easy for him at all. Thus gambling is a severe curse for those who lose capital in gambling and become bankrupt. So if you don't have the capital, you should never indulge in gambling by taking a loan from the bank or any other source.
We recommend that those who do not have capital do not get involved in gambling, let alone borrow money from banks or other sources because that will make it difficult for them to return the loan money. It is better for them to find a source of income first to fulfil their needs than to gamble. There is no guarantee that they will win, let alone use borrowed money, but they may have a higher percentage of losing than winning. So if you borrow money, make sure you can afford it and you shouldn't use that money to gamble.
4609  Economy / Gambling discussion / Re: The madness of gambling addicts. on: August 02, 2023, 07:45:02 AM
What is the most mad thing you have done due to your gambling addictions besides trying to win back what have already been lost and loosing even more or placing ridiculous amounts on ridiculous bets?

I will start with myself. I think the most weird thing I have done because of gambling is jumping out of the second floor. Dont remember whole story behind, but it all started with "I bet you are scared to jump", followed by people saying "are you a chicken?", "scared?" and etc, forcing me to do that Cheesy
This is crazy honestly making you to jump as high as possible that they themselves can not jump. This kind of bet is mostly based on your capacity and them trying to use money to lure you to do what you know you might not be able to do successfully. If they know you could easily jump without having any injury, they will never wanted to bet on that but because they believe that you might not be able to jump without having any injury, they decided to bet on you. This kind of bets is always 50/50. You to it and have the money and they are not concerned about if you break your legs, hands or not.
When humans face challenges that other people think are crazy, impossible, or even very dangerous, they want to challenge themselves to try. As he said, many people would probably say it was crazy to jump from the 2nd floor just for a bet. But he really did it for the money and for the money too, people would be willing or able to do things that other people thought were impossible to do. There we will see that if someone is under pressure but sees it as a way to show people he can, he will do it. For the sake of money, we can do anything.
4610  Economy / Gambling discussion / Re: Why is Gamble gaining more fans than Bitcoin? on: August 02, 2023, 07:15:02 AM
Bitcoin is bitcoin and gambling is gambling. Bitcoin is only 1 currency but gambling has many different games to get different type of fun. if you use gambling only for fun then it will give you different type of huge fun but if you use gambling as a source of income and your purpose is only for earn then gambling give you a bad experience without fun. so fun is depend on your purpose. You won't always get fun from gambling but even if you get less fun from Bitcoin it will be long term
The fun I find in gambling is not the fun you get from trading bitcoins. Gambling acts as an addiction. Gambling has a variety of games. Sometimes, if you don't like a game, you can play other games, but do it in bitcoinNo.there are many differences between Bitcoin and gambling. The happiness I find in gambling cannot be found by investing in Bitcoin. Gambling has certain rules and reasons that gamblers must abide by.  There are some people who gamble for free time.
The pleasure of gambling is different from the pleasure of trading so it may feel different. The pleasure of gambling has nothing to do with bitcoins because bitcoins are used as a stake, in this case, the currency. You can use fiat for betting but it's no fun.

Meanwhile, the popularity of bitcoin has increased along with the influx of many investors who have bought bitcoin. And the popularity between gambling and bitcoin is different because it's not related to each other.
4611  Economy / Gambling discussion / Re: Collective bets in local lotteries on: August 02, 2023, 06:46:23 AM
It's a good idea to pool the money together as a group. But the problem is how the tickets are distributed and if one person wins, won't the others feel jealous? Or will the winnings be divided according to the number of people in the group?

Maybe it can be tried but we have to ensure who can be in that group. We could choose our close friends to be a group so there is no jealousy or other feelings.
4612  Economy / Gambling discussion / Re: Do wager affect outcomes in any provably fair games on: August 02, 2023, 06:23:21 AM
In my opinion, not really. Games of keno, limbo, dice, etc., are gambling games based on luck. So if you're risking some percentage or just using a small bet, it won't matter. And in this case, your luck comes when you use bigger betting money than before. But maybe some friends can check the calculations because there must be someone very experienced in this matter.

I haven't played craps in a while, so I don't know how it's progressing. I used only to bet small amounts and never raise my stakes because I was too afraid to lose a lot of money.
4613  Economy / Gambling discussion / Re: Can i make 100 $ daily from online casinos on: August 02, 2023, 06:05:35 AM
Who bet on high odds there chance of losing high. but who bet on low odds there losing is low but in is case people loss high amount Because everyone believe low odds as a sure bet and bet a high amount but when suddenly loss the low odds then who bet there high amount he/she loss that bet. so i think medium odds with medium amount betting is a good strategy. and we should always a weekly budget for gambling
That's why if you want to bet, you must adjust to the amount of money you have. Don't bet on something you can't afford so that if you lose, you won't regret it. What's important is that we know how much we can bet so that whatever happens, it's still within the normal limits that we can afford. Don't follow other people's bets where they can place big bets and that's probably because they have more money than us. Making a budget for each week is also a good suggestion so that we do not exceed the budget we can afford.
4614  Economy / Gambling discussion / Re: Why do 90% of Bettors Lose in Sports Betting in the Long-term? on: August 02, 2023, 05:46:12 AM
Gamblers lose when they bet on things they don't have any knowledge about. Betting on unknown league in sport betting is similar to a non poker player going to play poker. He's going to lose because his counterparts has more knowledge than him and will use that to win.
Exactly, gamblers loose whenever they are gambling by not having experience with the bet or game they play, if we have less idea or information needed enough for them to be able to make use of the gambling opportunity to win, this could in other words mean that most of the results we get while gambling lies on our individual abilities towards what we do and how we bet while gambling, all gambling games have equal risks and same opportunities to either win or loose but it's our own choice to choose either ways to bet.
We will only lose if we bet on bets that we are not familiar with and that is certain to happen. But sometimes, some people intend to bet on something they don't know just because they want to get a new experience, but they can win. And if it's like that, they managed to get lucky to help him win even though he didn't intend to bet on that bet. But indeed, we should bet on bets that we know so that our chances of winning can be better but that still doesn't guarantee we can win because there is a luck factor behind it.
4615  Economy / Gambling discussion / Re: Legality of Online Gambling in Different Countries on: August 02, 2023, 05:20:08 AM
The above states have different tax laws, meaning you will pay a different tax if you bet in Kansas than if you bet in Michigan. If you decide to wager in any of the above states, make sure you know how much taxes you will pay.
A gambler should be aware of the laws regarding gambling in their country so they do not get in trouble. Wanting to gamble ignorantly without any idea of the status of gambling laws in your country is not a smart move because ignorance of the law is not an excuse in court of law.

Start gambling the proper way, there are things a new gambler should know and check for/find out in the right order.
a) Find out if gambling is legal in your country.
b) check the license of the casino or gambling site you want to gamble.
c) check their terms and conditions.
As you mentioned before engaging in any type of gambling, you should conduct thorough research to determine if online gambling is allowed in your country. This should be your first step, as ignoring this aspect could lead to potential problems with the government later on, so that's really important imho.

Once you've completed the first step and confirmed that gambling is permitted in your country, the next important task is to find a reputable casino and after that you can confidently begin your gambling journey!:)
But there are still many people who already know that gambling is prohibited in their country. They still try to gamble online and even use VPNs to bypass restrictions from their country. And even if they find a reputable casino, they should also ensure that it allows their users to use a VPN. Otherwise, that user will only get into trouble from his casino. But maybe there are still people who can play gambling in peace, even though they come from countries where gambling is prohibited and also use VPNs to gamble in online casinos.
4616  Economy / Gambling discussion / Re: Quit gamble! Easy or Hard? Let's talk. on: August 02, 2023, 04:45:12 AM
That kind of bond will allow them to talk about the situation, once they already bring that to the topic you may start bringing the things that you know that will help them to stop or lessen the chance of letting them to play, that's the good timing to discuss all possible venue to keep them away from any related gambling activities.

Avoiding by means of keeping them busy with other activities that will eat most of their time will surely help them to forget anything about gambling.
Busying yourself with things unrelated to gambling can help someone reduce gambling activities, especially if he has a creative environment that always tries to get him involved too. This will make him think about what he is doing with his friends so that his mind from gambling can be distracted. This can also help the gambling addict to reduce his gambling habit and in the end, he can recover from his addiction without having to visit a specialist. But this all also depends on the environment's role in helping people suspected to have experienced gambling addiction.
4617  Economy / Gambling discussion / Re: Have you ever felt remorse after gambling? on: August 02, 2023, 04:23:34 AM
Big bets don't guarantee big wins right away, gambling is uncertain luck to try today, tomorrow or the day after tomorrow and so on. Sometimes luck is on our side if we take things one step at a time and play patiently without emotion or ambition, and betting a large amount is a carelessness done without self-control that will lead to painful regrets.
stop gambling when you experience several defeats because this can be caused because you are not in a bad state, and take a short break and come back when you are in a good overall condition so that you can enjoy the game in a relaxed and calm manner that sometimes you are lucky.
It's like that because even with small bets, we can win big, especially if we have luck at the right time. But sadly, no one knows when this fortune will come. We can only hope and keep waiting. But don't just wait for luck to come because if we have lost several times, we should take a break to recover from the tension. This is to avoid regrets that usually come last after we finish playing. And there's nothing other than resting after playing enough gambling and maybe doing other activities that can help reduce tension.

Big or Small is something that is relative depending on how the limits are on the gamblers themselves. we can just assume, that the money we are betting is big.  but for some other gamblers, maybe it's normal for them.
I'm interested in what you said, "Those who make big bets think they can get lucky and win the gambling game". I don't think it works like that. we bet, according to what we want and we can afford. as I said at the beginning, small size is something that is relative.

Regarding betting, in fact, isn't it that every time we gamble, we always hope for luck and get a win. so, I guess this is something normal for gamblers. Regarding the fact that we lost, we are very aware that every bet has potential and risks. related to the theme of the title of this thread, have we ever felt regret after gambling. psychologically, it is normal for someone to regret after the gambling he did. the cases can vary, it's possible that we don't withdraw the winning money and in the end end in defeat. there are many other examples, which can make us regret after gambling. for me, this is a normal phenomenon that is likely to be felt by most gamblers.
But at least, I agree with the last point you said.
But some people, like I said it. They bet big, maybe because before they managed to win some money and wanted to get a big win, they decided to bet big. Maybe you've seen it or even experienced it yourself. Those who gamble like that may have crossed their limits out of greed for bigger wins.

Gamblers who are aware of the fact of losing, they can accept it. But don't forget that there are still gamblers who cannot accept losing; this usually happens to gamblers who often bet big and believe that they can win. But the reality was far from their expectations because they lost and lost large amounts of money. Usually, they will only regret it and can't try to recover the money they lost at the gambling table because all the money is gone. But some gamblers instead decide to borrow money from other people, which is not recommended.
4618  Economy / Gambling discussion / Re: A weird belief among some gamblers. on: August 02, 2023, 04:00:31 AM
I don't know how the sharing it would be, is this sharing your winnings to someone because you think this is mandatory out of humanity? Or sharing your winning percentage since nothing wrong with this as long as you can get your fair share of winnings since at the end of the day you can talk with those guys with our experiences and laugh on somethings you made and discuss on what would be the next possible bets you do.
Maybe by sharing predictions and at the end we win, we can celebrate together because it will be fun to get together and party because we have won. But yeah, that will depend on each one because if we share with close friends who have won bets together, it will feel even more beautiful. And maybe we will predict other bets to find one more prediction that we can place as a bet and hope we can win with them again.
4619  Economy / Gambling discussion / Re: Slots 101: Basics, Strategies, and Discussion (with poll) on: August 02, 2023, 03:33:38 AM
Dont be jealous with any big win in this thread because you do not know how much was spent before hitting the big win.  Grin
Some big wins might not even recover what have been lost while playing before hitting the big win.
Some others might be just small profit after the big win but some also might be luckier as they hit it in few tries only.
What I have shared here so far is just to show that it is not impossible to get big multiplier in slot games.
How can I not be jealous of seeing you and your friends succeed in getting such a large multiplier? I really want to get it, even though it won't be as often as you guys. But I realize that it depends on the luck of each of us, so I also can't force myself to keep playing and spend a lot of money. Hopefully, one day I will get a big multiplier that can lead me to win a lot of money. And if I can get a big win, maybe I'll take a break or take a break for a few weeks or a few months Grin
4620  Economy / Gambling discussion / Re: Gambling experience using loan money on: August 02, 2023, 03:18:02 AM
so the bottomline is? never borrow money if you are just gonna use it for gambling because the assurance is a little , and also if you will be honest to the person you are going to borrow? surely they will not lend you a penny (though there are some people or businesses that has lending for gambler but has collateral )
so never borrow to gamble thats the main point.
People usually ask us for collateral if we want to borrow money from them. Unless that person is someone we know closely, like a friend or relative. But very few people want to lend their money to other people, friends, or relatives to play gambling. They definitely won't want to give us their money to gamble. They already know the consequences or impacts that can occur if we use their money to gamble.

Yes man exactly, people who borrowed money to gamble they have different thought at that point when they are gambling, but on my observations I checked, I noticed that this gambling have one spirit that when lossing you will increase your stake to get back that money you have lost then when you start winning you rollover, and this rollover has caused much lost in gambling world.
It won't always work. When we are too eager to recover losses, we might lose because we forget to control ourselves and will keep trying to earn it. And if it's borrowed money, we won't remember having to pay it back. After playing gambling, we only know that all the money is gone and we must return the loan money. It is our responsibility as borrowers and the person who lent the money doesn't want to know how we can return the money.

Is the person out of his mind??? That's unthinkable to me, how would I stoop so low to the point of borrowing money to gamble? That's a high level of irresponsibility, and no amount of financial desperation should have triggered that if the person is with his right sense. Gambling with your money is risky, talkless of gambling with loaned money. Meaning that there are further obligations to pay more interest on the borrowed funds after you must have lost the money in which the probability that you will lose it is very higher. That is senseless!
But in real life, some people borrow money to gamble because they think gambling is a fast way to make money. And they are used to borrowing money from other people to gamble because they can find people willing to lend money. People who borrow money from others only think about gambling because that's all they can do. They could use the money to do something else, like set up a small business to make a profit.
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