The casinos bankroll is used to fund the games and thus any win the player has is paid out from that and any loss is added to that bankroll. If you analyze the bankroll volume in the long run, it is ever increasing with the losses balancing out lesser than the wins.

However the casino exists for the players because without them the money will never flow in and thus the casino is for the players to play in. Of course the winner will always be the casino owners.

So players to minimize losses should manage "their" bankroll properly.

Nope, every roll is unique and different from the previous ones.

I can understand your annoyance but remember that your chance of winning from a casino in the long run is small. Rather it will be the casino beating you in the long run and hence you might get into this logical fallacy where you think the casino is cheating you and rigging the rolls in order to make you lose, but it is not so.

Just be sure that the games you are playing are provably fair, if so the casino is legit.

JacksClub Username: TheUltraElite
Prediction: $65,741

We already have a consensus for that, lost coins are lost forever.

No plans to update it from the core developers and I hope they keep it that way. Those who have lost their bitcoins will most likely want to get it back and sell it right on the market causing massive dumps.

Less coins in circulation means more demand and more price of a satoshi per fiat currency.

As the price attempts to reach the previous all time high of 69k USD, corrections will start and prices will begin falling back if the bears get strong. Still it has once again proved the fact that holders of bitcoin will get profit no matter what happens. If you bought at 50k and was sulking about the huge losses, well now you are in profit if you sell right away.

But for the ones who get impatient, this is what happens with bitcoin - it cycles from bear to bull and you have catch the bear and release the bull to get the profit from their difference and wait it out in between.

Prices are stagnant today, changes will hit soon.

I will be honest with you, those locations are still a thing of luxury among the well to do. Even the common man dreams of getting rich and going to Vegas wearing a black suit with some broads in hands and a glass of wine.

So even if that might seem like a thing of the past, they are still holding their culture and rich heritage to which tourists are attracted and willing to spend money on. Physical casinos never lose their charm. They are the once a while visiting place from the daily gambling on your PC on an online site.

What has changed is the mode of payments, the legal problems. The math remained same.

This is a sensitive issue. People with kids may be gambling from beforehand or enter gambling anew. But I dont think they change their habits in gambling because of having a child. Often this leads to familial problems, marital issues and not being able to pay for the child's needs.

This leads to legal problems inside the marriage and even divorce.

Sadly, the gambler needs to control their addiction as they gradually approach to being settled down. Gambling and its impact is immense on the family and it can destroy lives.

Very few casinos are still offering this. Back in the days, in the times of  Just-dice many sites were allowing users to invest in their bankroll.

Casino investments are supposed to be profitable in the long run, not short run.
I myself have invested in some of these casinos previously. Cryptogames gave me a good 50%/year gains over a year - they shut down their investment feature which was disheartening.

Currently had to pull out from Moneypot too due to Leo shutting it down and moving to take over bustabit and bustadice. Moneypot gave be a good 12%/year return over a period of 4months. My investment on BAB and freebitco.in are currently running well.

Greed is the inciting emotion that leads to the addiction once your neurohormonal chemicals start acting. If you see such things happening it because of the gamblers addiction now manifesting and the one that is controlling them and making them emotional such that it needs involving the proper authorities.

Indeed this is bad and it is why gambling is a social evil if not kept in moderation just like alcohol consumption.

For people visiting a casino once a year to have fun, such events happening can be a nuisance and lead to a bad public image.

True, many times bread-earning is the prime objective, which is not the wrong path - you need to stay alive to fight the next step.

In such cases the person should work on that job and make attempts to come out of the status quo into something that they wished to do. The money from the first job will fund their next endeavor. However this takes determination and getting squashed into the status quo in a job they dont love is common and that kills the hope.

Rebellious attitude always attracts attention. Not going to college is the rebellious style and at that time they dont understand the harm they are doing to their lives, because their age will continue to increase and their education will slow down.

At this point people are using both fiat and crypto - so someone holding onto their crypto, buying more and not ever selling is a common thing. However this is a rare breed of people and only a niche group among the entire population of bitcoin users. Many are actively selling and using the money to fund their daily living costs.

Things might become more clear if in future bitcoin use takes over fiat use. But feel free to use crypto too, we need to encourage sites that help us do so, like gift cards sellers, even though fees might be a deterring factor.

Logically speaking from a lender's standpoint, the gamblers next of kin should bear the debt.

As they say, "The father's sin passes to their son".

Indeed the lender needs to recover their money and for that often it happens that the actual debtor ends up in bad situation and ends their life - eventually the lender would come back to the gamblers family seeking for their money.

I saw some users comment about exploitation here - it is true, but lenders should avoid such things for their own sanity and be professional.

There can be many reasons for this:

1. The got a degree but into something that was forced upon them, they dont like it and they cannot put their innovative strength into it and thus they cannot land up a job.
2. They flunked the college or university and eventually came out as a low quality educated graduate. They peers might be landing jobs but they are not.
3. The degree that they got into is a well saturated field. However the phrase is relative and those who have a proper vision will be able to desaturate the market in no time.
4. The job might be need some years of slogging before getting a "wealthy" income. So give them time.

I dont agree with the "drop-outs" do better - because here you are looking at only the famous ones who actually had a vision to pursue. There are so many college drop-outs, if that was the case they would be ruling the working class, but they are not. Its called survivorship bias.

Doing that last ditch effort means that the gambler is frustrated and I cant talk for the OP, but I hope they are doing fine and are working on their addiction. The ones who win from a casino only win because they stopped playing, because this is not a game to defeat the casino but a game to come out of the casino with a minimal loss. Without this mindset every player will become an addict and they will never recover from losses.

Last penny playing - I would not suggest it, go home and think about how you can change your future by reducing gambling.

The news media makes a hot cake out of such news and earn their viewers from such topics. Of course the social media and the easily swayed people are to blame.

The math is simple, if so many people started winning the jackpots at the casinos or big wins from the lotteries, the casinos would go bankrupt - but that is not happening, so its the true that people rarely win such big prizes and they often lose more cumulatively than they win.

But getting this into the head of a person who has been blinded by the greed is next to impossible.

Emergency funds should always be kept separate.

Bitcoin buying and selling should be kept within the monthly income amount allocation but should be flexible to increase during bear runs and held back during the bull runs. The basic strategy is to buy during the drop and for that you have to be patient and wait till it happens, but then not falter while its dropping but buy and then stop to see what happens next. If it continues to drop, buy again and then at one point just sit tight wait for it to correct.

At present seeing the bull trend upward, I hope people are selling to consolidate profits and soon going to stop making any trades till the turn back happens.

Growth has been good indeed, but in terms of what shitprojects that altcoins have made the buzz regarding crypto has shifted from ICOs to defi then NFT and so on. I am therefore not inclined to say that the growth has been productive, but has happened. Bitcoin itself does not need much growth unless some critical problem arises.

It is a financial asset and it should never be the only one in your portfolio. Traditionally stocks, real estate, commodities, metals should also be there and probably are there too. A part of the monthly income can be allocated to bitcoin. That volume can be withheld during times of bull market - such as the one happening now and used during the bear market.

That was a reference to your username, which you would have guessed by now. 

Indeed drops are happen as we are going upwards, but keeping up with the trends I am expecting a close to 69k USD price happening soon. But there is always the chance for the correction to happen and then it can turn backwards.

My sell orders at 55k USD have completed which is a sigh of relief for me. Now I am just waiting and watching what the effect of the bull run ends up in.

It has been such a hotchpotch that I have stopped following that timeline. I am hopeful that the budget will shed some good light on the future of crypto and that trading from Indian exchanges would be feasible, but I guess I am getting ahead of myself.

Crypto in India will take a long time to recover from this mess. Till then, better hold on to your crypto and not sell.

Your predictions are "majestic" indeed.

We all wish to cross the sexy number of 69k USD and it seems that this pump has rocketed us towards that level and is inching closer to that target every few hours. However be ready for the sudden drop as well because someone will have sell orders ready at 65k and 60k so dropping from those points will occur if not now, later on.

And lets not make this another thread for bashing that space psycho, heck you guys still follow them?