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481  Other / Off-topic / Re: Do you think gambling every day is better? on: May 06, 2024, 09:34:58 AM
Addictions comes not always due to frequency.

If you make $5K per month and you always use $5 to gamble everyday, you only spend 3% of your total salary, which is healthy money management.

But if you make $5K per month and you only gamble once per month, but you spend at least $4K every time you gamble, it's healthy? you're using 8% of your total salary just for gambling.

I think if you gamble not that often, say a couple of times a year, even if you gamble a lot you won't get addicted.

An addiction gets more and more powerful by repetition.

The more you do something, the more your brain adapts into that.

You might spend the same amount of money, but the dopamine you receive will be different in both scenarios.
482  Economy / Gambling discussion / Re: Double your money and quite on: May 06, 2024, 09:32:27 AM
~snip~
Lol the funny thing is that after most people have done doubling their money by luck , they won't quit or stop and go with the win they have made that day , because there's always this common emotions in things like this and such emotion is known as greed. Like we humans are fill with such emotion , because we always want to make more and most time endup losing more. Like for me I will advice any one that have hit it big in gambling, should minimise the urge of gambling or quit it totally and use the money to establish something that will serve as an sources of income in a long run.

Yes, it is basically from ancient times, we evolved to do that.

If something works, we do it more often, if something doesn't work, then we stop doing it.

It doesn't really matter the why, we just make up an explanation.
483  Other / Off-topic / Re: Rich or poor gambler, who should risk more? on: May 06, 2024, 09:31:00 AM
~snip~
you are right
like my old granpa used to say "it's much easier to make money if you have money"
this is the game
the good thing about not making the path to get money so hard to do is that more people can learn it and get there too if they want

easier said than done but not impossible

Yeah, the whole thing is based on the idea that money is somehow a valuable thing to have.

So, if you have money, you can lend it/invest it and create more value with it.

The key aspect is to convert time to money, and then use that money to generate more money instead of time.

Because time is the most scarce thing we have.

The problem is that most societies are designed so that most people just get by after they get paid, so they can't really invest the surplus.
484  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: May 06, 2024, 09:28:02 AM
~snip~
No, Ronaldo already stated that he wants to extend his contract with Al Nassr until 2027 because he still wants to play in the 2026 World Cup.
And to achieve that, he needs to play regularly, the Portugal manager also has stated that Ronaldo will definitely be brought to the 2026 World Cup, either as a player or as his assistant.

Even though Ronaldo and Messi will still play in the World Cup, they wont play for the full 90 minutes, their physicality and speed can no longer match other young players.

Yeah, to be honest I think it's all about money really at this point.

The club wants these types of players to bring the crowds and therefore the money.

The same with the world cup, these are the faces we get to see in every ad about the world cup.

And for them as well, they make a huge amount of money, so why retire.
485  Other / Off-topic / Re: Why the rich win gambling more than the poor. on: May 06, 2024, 09:26:08 AM
There are several reasons why rich gamblers may appear to win more. First, they have a lot of money. With more money to wager, they have the privilege to place larger bets, increasing their potential winnings. Another thing is that rich gamblers often have a higher tolerance for risks and can afford to lose more money without significant consequences. With that, it allows them to take or bet bigger stakes and potentially win more money. With them not worrying about any financial consequences, they can exhibit more confidence and less anxiety, which can be a factor when betting since it requires mental health and emotions. This can impact their decision-making and performance. Financial stress and desperation can impair judgment and increase the chance of poor decisions.

Still, gambling is based on chance, and even if you are wealthy enough to gamble, you can still experience some losses. Gambling is addictive and can ruin one's financial life, regardless of whether they are rich or poor.

Yeah, I think that explains the whole thing.

If you see someone betting $10 and then getting out with $4 you just know they lost the money.

But if you just see someone getting out of the casino with $400k, you assume they won that money, but in reality they most probably started with a million...
486  Other / Off-topic / Re: Do you think gambling every day is better? on: May 04, 2024, 04:07:23 AM
There was a friend of mine who visited me a day after and he was saying gambling every day draws you more closer to winning.

I asked him how?

He said when you keep trying luck every day you stand the chance not to miss your luck of winning, he also made reference to few people around our locality who won outrageous Money within 31 Dec to 1 January 2024, asking if I knew how often those people keep trying for them to have the winning they got.

I said No! He then say the more you space the more I missed my chances of winning but what I came to understand is that, the more anyone keeps trying the slimmer such persons turns into gambling addiction becus such person will always want to gamble regularly stirring up some forms of pressure to himself. When there is no money to gamble such person don't mind going extramile to source for funds since he has install this mentality of regularly gambling without giving break.

My question is do you think gambling every day is better? From his reasoning and points of narrations.

Common misconception.

Every time you gamble it is an independent event.

Similar to Bitcoin mining, every single time you mine is independent of how many times you mined in the past. The difficulty changes over time though, but that's a different story.
487  Economy / Gambling discussion / Re: Get one btc right away or 5 btc with a bet? on: May 04, 2024, 04:05:40 AM
It's not always easy to make the right decisions. Are you a gambler? If you're offered 1 btc without playing or 5 btc by playing (with a chance of 2 to 1). What do you do?

you alredy know the logical way. So, my recomendation - listen to your heart’s whispers and let Lady Luck be your guide. Either way, let the thrill of the choice fill you with excitement. It’s not just a gamble, it’s a leap into a universe of what-ifs and might-bes. Go where the magic pulls you!  Wink

Yeah, the thing is that if 1 BTC is certain, that is more than enough for a lot of people.

So, you would be risking not getting anything for potentially no real upside.

I think I would take the 1 BTC 100% no risks instead of having 50/50 with 5 BTC.
488  Economy / Gambling discussion / Re: Does gambling excites you ? on: May 04, 2024, 04:04:24 AM
Well, in general, no. Both when I play poker and when I occasionally play casino games I try to detach my emotions as much as possible, although in that sense I am not the typical gambler, who does get carried away by emotions, as you can see in this section. Precisely if gambling is so successful is because it is exciting but if you want to win money in skill games or if you want it to last in casino games you should bet as rationally as possible.

This is probably the best way to try to maximize money making while gambling.

The issue is that if you actually calculate the probabilities, the best course of action would be to not gamble.

So, if you are gambling anyway, I think it's worth having a bit of fun while at it.
489  Economy / Gambling discussion / Re: Double your money and quite on: May 02, 2024, 01:01:12 PM
~snip~
Two things always make a gambler lose a lot of money, first is their greed, and the second is them having no control over their emotions and chasing their losses.

When a gambler becomes greedy, they gamble even when they have already won some money, and when they do that, they even lose what they must have won already, and that isn't what one would like to experience.

When a gambler loses control over their emotions, they start chasing their losses and we all know what happens when a gambler tries to recover their losses, they eventually lose everything they have.

You are so right, and that's the thing, the gambler will try to make more and more money when in reality they will lose and lose more and more money.

They will come back and try to "win back" their money, but in reality they will just spend all their money.
490  Economy / Gambling discussion / Re: Gambling Wins: Your Money Was Returned to You. on: May 02, 2024, 12:56:50 PM
All I can say, that even if wins are return of money that were lost, that is also good, as you get fun, emotions and service for free. That aint bad at all. All gambler has to do is to find a a proper balance between amount being able to lose and the moment when fun change into chasing losses.

Yeah, at least the bare minimum the time is lost.

So, even if the gambler actually get their money back they will still lose something.

On the other hand they do might end up winning in terms of entertainment, which of course cannot be simply ignored.
491  Economy / Gambling discussion / Re: Claw Machines: a category of gambling? on: May 02, 2024, 12:34:01 PM
~snip~
Ohhh I see, that's why sometimes it's really hard to get some items in some claw machine especially here in our place, it's kinda difficult to get some items even if you have skills in doing it but when you come in japan, I've watched a lot of videos showing that some people are easily catch some stuffs because of tight set up of claw and if I'm able to visit that country, I won't miss to try their claw machines because for sure I will enjoy doing the catch there.

Yeah, I think you can still get lucky if for example one of the strings of the thing you want to grab get stuck in the claw or something like that.

But yes, the claw itself is pretty weak to be honest. I'm not sure if there is a way to get a better grip with it, maybe just moving it left and right quickly would make it entangled or something.
492  Other / Off-topic / Re: Why the rich win gambling more than the poor. on: May 02, 2024, 12:30:18 PM
~snip~
The reality is that it boils down to financial buoyancy and the discipline to take risk.
While the poor person may just be trying to get by, and gamble once or occasionally, the rich who is considered so because they have more funds can opt for several games and strategies and when the poor person seeks a possible explanation why the rich is successful, they get told things or shown strategies that they may soon forget to try out because the funds is as limited as their chances.

The thing is that most wealthy people won't have too much cash to play with.

Most of their money would be invested, otherwise they wouldn't be rich.

The idea that a rich person just has a lot of money laying in a bank account is far from reality.
493  Other / Off-topic / Re: Rich or poor gambler, who should risk more? on: May 02, 2024, 12:26:26 PM
Casinos never look at who you are and how much money you have in life, it is actually very simple that if you are involved in gambling then obviously you will have the same chances of winning and the same chances of losing regardless of rich or poor, so obviously I think it is a silly mindset if we compare rich and poor in gambling, and I would say that what makes sense is to compare gamblers who cannot control their gambling activities with gamblers who can control and manage their gambling activities, because if this is the comparison then obviously we will see a difference in terms of the adverse effects or the amount of loss they will experience.

What this means is that whoever you are at the end of the day obviously gambling by only taking a level of risk that is within your means is the best and prudent approach to gambling so that we can be a typical responsible gambler, I am sure all gamblers do not like losing and therefore this is the reason why we should focus more on some things that are beneficial to avoid the possibility of losing large amounts of money and I will reiterate that you cannot compare rich or poor when it comes to gambling because they have the same possibility and it all depends on how they treat their gambling activities.

Yeah, gambling should be fun in a way, if it is more like a chore and you start spending way more than you make I think it is time to re think that strategy

Probably most people would be better off with a limited time of betting.
494  Economy / Gambling discussion / Re: Gambling Wins: Your Money Was Returned to You. on: May 01, 2024, 08:40:46 AM
~snip~
Only if gamblers can understand that it is impossible for them to win back what they have lost to the casino, that is why they will stop chasing their losses, and they will be satisfied with their little win, in order for them to cash it out, and enjoy their wins by going out to have fun or buy something that they will use to remember that they won some money in gambling. But the greed and lack of contentment makes them not to be satisfied with little wins, and will continue playing to see if they can win more, and loss it all.

Yeah, this is really true.

It's all designed to be like that really.

It's all fun and games while playing, but withdrawing the money is boring, like sobering up kind of feeling. Most people would like to continue the fun party and keep pressing buttons or gambling until they are basically empty handed.

Similar to eating problems, many people can't stop eating say a bag of chips until they are all gone.
495  Economy / Gambling discussion / Re: No gambling today due to bitcoin high transaction fee. on: May 01, 2024, 08:38:24 AM
~snip~
In my opinion, people should use altcoins even in times when Bitcoin transaction fees are normal only for convenience because they would always charge less fee when compared to Bitcoin and it sometimes is easier to keep a count of the funds if you are using a stable coin for your gambling activities. When you deposit and gamble with Bitcoin, you will only know the amount of Bitcoin that you have deposited or have left in your account, you wouldn't even know how much money in dollars you are betting if you are using Bitcoin for it.

Compared to that, if you are using a stable coin such as USDT or USDC, it would be easier for you to calculate everything because you will already be seeing the dollar value of your balance and the bets you are making, it makes it easier for you to understand everything or keep a count if you want to.

Alts are just a casino gamble really.

In the end most people will probably end up wealthier if they just simply keep Bitcoin instead of playing around with alts.

But the thing is that it's "boring" to simply stack more Bitcoin.

The typical illusion of gamblers is to buy an alt when it's low, and sell it when it's 1000X.

Only problem is that it's almost always not going to be like that, and they will end up losing 99% of their funds with those alts.
496  Other / Off-topic / Re: When you are not to gamble. on: May 01, 2024, 08:35:33 AM
With the increase in alcohol consumers, companies that produce alcohol seem to have increased alcohol production, and many young people are easily seen consuming alcohol while smoking and while playing in casinos, most people who consume alcohol even justify themselves with arguments people who are consuming alcohol to relax while they are playing, but I wonder how a person who is consuming alcohol will stay focused on the game?

Maybe the casinos keep offering alcohol because they know that this means customers won't be able to concentrate on the game and since gambling shouldn't be seen as a source of income, so when the casinos give alcohol and the person loses at the game, it's not the casino's fault. , it's the person's fault and there's also no problem with the person losing because the games should be seen as just fun, that's the thinking of the owner of the physical casino. and unfortunately the majority of young people nowadays are alcohol dependent people

With alcohol people tend to lower their inhibitions, and risk more.

That's perfect for the casino, which wants the gamblers to risk more and more money.

It's no accident that they provide you with free alcoholic drinks and food as well so that you stay there longer than normal.

A crazy night of going "all in" fueled by alcohol could be devastating financially for the gambler, but that's a huge win for the casino.
497  Economy / Gambling discussion / Re: The madness of gambling addicts. on: May 01, 2024, 08:33:40 AM
Gambling addiction is not just something that is normal,there is a spirit that controls it,and that spirit can not just be seen with the ordinary phisical eye, if you are spiritually inclined,then you can see that addiction is something that has been set up for man to become victim of and remain in pain and bondage of it.If you can see, everything that one tend to be addicted to always has negative impact on person.It has been designed to destroy man,that is why you can seen one sell his only land just to gamble,and after losing,he will feel like commiting suicide.

You ultimately have control of your actions.

It can be a difficult day, or week, month, or year, etc, but at the end of the day it is simply one day at a time.

You can get out of a bad situation, one day at a time. It just takes time, but if you keep advancing every day, you eventually will get better.
498  Economy / Gambling discussion / Re: Does gambling excites you ? on: May 01, 2024, 08:29:48 AM
~snip~
Opportunity for what exactly? For earning money? Who said gambling is a great opportunity for the gambler to earn money? Show me that lunatic. We all know(at least here on this forum) that gambling isn't suitable for that. But if we talk about having a good time, to be entertained, in other words, I disagree with you,  casinos are a great opportunity for the gambler in that sense. I mean, "for the gambler" is a keyword here. If you are not a gambler, then casinos probably can't offer you much.

Yeah, I guess it depends on what you're after.

For example, you can organize a very cheap visit to Las Vegas, with unlimited drinks, great food, great shows, etc, much cheaper than at most other cities. That's because it's all a bit cheaper to encourage people staying there to gamble, which is where they get the real money.

It's similar to what's called a "loss leader" in bars and restaurants, etc.

But yeah, if you just want to be entertained gambling it can be a good opportunity as well.
499  Bitcoin / Hardware / Re: Official FutureBit Apollo BTC Software/Image and Support thread on: April 30, 2024, 11:10:00 AM
The Apollo I closed sourced binary requires you to run it as sudo to get access to /dev/ttyACM0.

You can change the permissions of that file to allow your user to access it, which is much better than running a closed source binary 24/7 as sudo. Here's how to do it:

First, check the permissions of that file:

Code:
ls -ltrh /dev/ttyACM0

In most Linux devices like Ubuntu that will be owned by root and belonging to the group dialout. You can add your username to that group, and therefore gain access to that file by executing this:
Code:
sudo usermod -a -G dialout $USER

That will add your username ($USER will evaluate to your current user, change it accordingly if you need other user) to the dialout group.

Now you need to reboot your machine. After that, you should be able to run the Apollo binary without sudo.

Happy hashing.

By the way, jstefanop, would it be possible to update the Apollo I binaries? that device hasn't received a single update since 2021 (https://github.com/jstefanop/Apollo-Miner-Binaries)
500  Economy / Gambling discussion / Re: When is best for a player to draw the line? on: April 30, 2024, 08:35:50 AM
I doubt a gambler would stop when he is losing, so it's best done after a win. Take a deep breath, rest your mind, and just think about what to do next or how much you will spend again after that win, and be sure to follow that plan. The best way to follow it is to withdraw the money so that you won't have any reason to continue playing after leaving the amount that you plan to play with.
Why? Because when that balance is still in your wallet, you will keep on playing trying to chase the losses, and the plan is long gone. I have been in that position that's why I can tell how a gambler thinks. There's no ending it until the balance is there and he has the means to continue the game.
Withdrawal is the only best choice to avoid these things from happening.

It is tricky to know when to stop because in reality the gambler will most probably end up losing money, so the key is to know how to minimize the losses, but you never really know when that would happen.

Strictly speaking the math tells you that if you want to minimize your losses, you shouldn't even start playing, and if you are already playing you should not continue.

But the thing is that most gamblers are not rational, and they play because they have hope.

Therefore, the time to quit is when they spent their allocated money for buying today's hope.
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