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5201  Economy / Gambling discussion / Re: Slot vs Video Poker on: September 26, 2021, 10:14:40 AM
Video poker machines pay out far more than slot machines, at least if you choose them wisely. Every jurisdiction is different, however most casinos have a slot machine return of less than 94 percent, and most have at least SOME video poker that returns 98 percent or greater.
However, video poker is kind of hard for novices to understand and can not be said to be user-friendly as its interfaces require some level of technicalities but slot is the first choice for most beginners as one doesn’t need to develop any skills before you can play slot.
At least, they can learn from many sources before they decide to play video poker. Maybe after those novices understand how to play, they will find that video poker is more excited than slot games. After all, both games have the same difficulty to win, especially if we meet a good opponent who can play better than us in a video poker game. But I agree that slot is doesn't need to have skills compared to video poker, so beginners will play the easiest gambling games before playing the other gambling games.
5202  Economy / Gambling discussion / Re: Arizona has legalized fantasy sports betting! on: September 26, 2021, 09:16:03 AM
This is great news. In my opinion, betting in fantasy sports is more attractive for players because it minimizes the possibility of various kinds of manipulation in the sport of fake matches, etc. I believe that over time, this area of gambling will become more widespread.

It's really exciting and interesting especially for those who are seeking fairness in gambling. This kind of improvement is what the gambling industry is looking for. Other states are also experiencing the legalization of fantasy sports betting which is a good thing.
If that can succeed, fantasy sports betting will grow and it could legalize in other countries, not just in the states because the passion for playing fantasy sports betting can increase. The fantasy sports companies will launch many new games to people to have various types of fantasy sports that they want. Well, it is just a matter of time before we see that the gambling business will grow in the future and that with support from technology, that will happen.
5203  Economy / Gambling discussion / Re: Credit cards and gambling (tabcorp, Australia) on: September 26, 2021, 08:09:49 AM
Well, I agree with the banning of credit cards in gambling because that is very tempted to borrow cash from the bank just to gamble.
It should always gamble of what they can afford and not the fund that they borrowed just to gamble and I don't see the problem there, in fact --this has a good impact between the gamblers and the casino owners, it has a fewer chance that you will become a burden by a debt. The government will take action if they saw that this is not good for the community even though there is revenue but in exchange for damaging people life once they are addicted to it.
Most people will not get revenue from the gambling games instead of losing their money for the most. Maybe the banks and the government do not want people to lose their money because of using credit cards to play gambling. The banning of credit cards can protect people from using them for the wrong purpose, such as playing gambling. But that can attract people to search for the other way to keep playing gambling so the government and the banks should be aware of that.
5204  Economy / Gambling discussion / Re: GAMBLING: Skill-based vs. Chance-based on: September 26, 2021, 07:08:21 AM
Grin yea gambling should not be taken seriously or else you might end up losing your money and becoming psychologically meltdown. Let's gamble for the fun and probably the money that we can make not making things hard for ourselves. Gambling on a lottery game can be interesting when it is done in group with friends. So the chance of winning might be slim but it eventually one wins the gain will be massive.
That will be different for pro gamblers since they make money from gambling and have skills in that gambling games. They can seriously play gambling because that will relate to how much money they will use to gamble and make money. But yes, the regular gambler, they do not have to treat gambling seriously and only search for fun. When playing a lottery game with our friends, maybe we can get fun as we can enjoy the game, especially if we can talk while playing so we do not feel bored playing the games.
5205  Economy / Gambling discussion / Re: ASA to host gambling advertising webinar on: September 26, 2021, 06:14:34 AM
They should balance everything, protecting the youth and minimizing the harm caused by online gambling companies, and at the same time making sure that gambling companies only targeted those who are into gambling but they should focus more on educating people about gambling that it should be treated as a means to entertain and not to put your saving and invest by betting on those dice rolls and cards.
I tend to agree with this. If they can balance everything, the number of addicted people or young people will not increase. At the same time, the gambling companies can still grow by getting for the other adult people who can have responsibilities to their action in gambling. The gambling companies themselves need to explain to people that playing gambling needs to have control and should not treat as a way to make money. But the important thing that the government needs to do is always educate people and warn them that gambling is a knife with two sides that can harm them if they do not have control.
5206  Economy / Gambling discussion / Re: Ultimate slot experience on: September 26, 2021, 05:11:45 AM
I have tried many strategies for playing slots, but have not come to anything definite. The only advice I can give on playing slots is that you need to look for gambling sites with good ratings and increased rate of return compared to competitors because by and large most often we win it was getting a bonus.
Probably a good advice, because in slots game the house have the edge so if the site is not fair, don’t expect to win that much. I also tried many strategy but its not working at all so I stop it and I just play it, luckily I hit a $100 reward out of a small wage, this could be my best winning so far.
And if we can play slots in gambling sites with good ratings, we will not face any problem, including about fair or not fair, because those sites will not cheat their members. I do not try too many strategies because I knew that slots do not really need a strategy so I only need to place my bet and see the rolls. If I win, that will be my luck, but if I lose, I can accept it and click the next rolls Grin
5207  Economy / Gambling / Re: Bitcasino.io 💜 — Weekend full of fun & prizes! 🎉 🥳 🚀 on: September 26, 2021, 04:15:39 AM
Hi Karl,

The article about streamers is very interesting, I knew that they earned a lot, but I didn't think it was that much money, it is quite profitable and I have seen great growth especially on Twitch, everything that has to do with games is very exciting , and now Bitcasino.io is on another level, Wow it's always exciting to wait for Fridays to wait for the best selection of games, PiggyPop is a great game, I really like their music, it seems like a movie. It is a very nice rock and roll. I also see that it has very good chances of winning, I actually recommend playing PiggyPop, it gives a lot of relaxation to play it.
They also get money from their affiliate because I see in a channel, they suggest we subscribe to their channel and join using their affiliate links. That makes them have a big referral that will give them additional money weekly or monthly. We never imagine how much they will get but I think they can get more than $5,000 monthly and that is a lot of money for the streamers. No wonder many people are now trying to focus on making many exciting videos, especially about their playing the game as their hobby.
Not every streamer makes that kind of cash neither. Recently in my nation the streamers income was dropped after Twitch made the subscriptions a lot lower price. This of course impacted the income of every streamer out there. However the numbers increased a bit as well, did not increased as much to cover the difference but at least it allowed more people to join which makes it a lot better for streamer.

Instead of having 300 people with 5 dollars, you now have 1000 people with 1 dollar, that is not profitable but it is a lot more enjoyable that is for sure, plus makes it easier for you to get ads as well and increases your ad revenue in the long run. All in all I would say that making around a thousand dollars is where the threshold is, after that you could maybe become huge, or you could sustain it that way but it is definitely unsure if you will be a decent streamer or not until around a thousand dollars. Those millions of dollars worth streamers are very rare, it is a lot less than that for 99% of streamers.
Maybe that number will reduce after social media change their rule so the streamers do not earn much money. As you said, the streamer's income dropped after Twitch made changes in subscriptions. But you can try to ask popular streamers on Twitch what impacts their income from the changes.

Maybe for small streamers, that reduces their income a lot and I think that could be the same as in Youtube. Youtubers also earn money and if Youtube adds changes to their rule, I think that does not impact them a lot. They can still earn money in many numbers, although the number will always change monthly.

Besides that, that is just temporary because, with their popularity, they can create other content that can attract more subscribers, which means the new potential income they can make later.
5208  Economy / Economics / Re: How has inflation affected your savings and investing? on: September 26, 2021, 03:15:03 AM
So far, my cost does not yet increase significantly and I can still control my monthly expenses and do not have a problem with that. But I prepare to reduce some things that I think are not too necessary to my family so I think I can save a couple of dollars that I can use as a reserve if I need urgent money.

On a monthly, I try to save at least $50 in my saving and my crypto investment so just in case, I can sell some if I need more money to cover my bills or the other expenses. It is hard to admit, but we can only prepare ourselves if the cost rises because the government adjusted some products.
It is a marvel that you managed to not have increasing costs of living. Here where I live, we had %66 increase in rent on average, thankfully I own my house so I didn't had any problems but that is just shelter, one of the most basic needs in the world. The food prices increased around 21% as well. So, I am spending a lot more than what I did just year, and if we were to look at few years ago then I am spending A LOT more than what I did few years ago.

I was making nearly 1/10th of what I am making now back in 2016 and I was still capable of living, think about it, I am making 10x more than what I made 5 years ago, and I have the same living standards. That is the type of situation I am in and this of course affected by investment in the sense that no matter what I do there is nothing that could make me save since it is very expensive.
I still need to learn to manage my money because I feel that I can reduce it for more. My cost in monthly increase but not too significant, which is why I can see that this year, the cost seems not to increase too much and tend to be stable. Since last year, I have tried to delist something that I do not really need such as buying food in the food store. I prefer to cook by myself to reduce the cost. The gas cost reduces a lot in my finances list because I do not go out too often so I can save that money for other things.

It will not be a problem if you still have the same living standards, no matter if you have money or not have much money. We need to be concerned about how we can eat every day and how we can live because that is the primary need that we need to fill. The rest will be secondary needs that we can delist that we do not really need. You can try it and I guess you will see that you actually have more money to savings.
5209  Economy / Trading Discussion / Re: What every new trader should be focused on on: September 26, 2021, 02:06:48 AM
Take a look at some well-known people on Twitter, they will give some direction, every day to learn the knowledge of cryptocurrency, every investment before thinking, do not fear failure, find experience in failure.
If you want to learn from them, that will be okay but if you want to just follow what they said, for example, they told you to buy A coin, then you will need to think twice. We can learn from many sources, which is unlimited, as long as we want to learn and have an effort to learn. I am sure we will have our time to make a profit from trading and once we can do that, we still need to learn more to have more chances to make a bigger profit.

You are right. There is a thin line between simply following what has been said and evaluating the information acquired in order to come up with a decision. There indeed many sources to acquire knowledge beside following well-known people on Twitter, there are books, video tutorials and even demo trading. I think that traders should know that learning is a never ending process in this field, we learn new things every time.
In this way, evaluating the information will be necessary, especially we can collect much info from them so we can analyze it one by one using our analysis. Hopefully, that can bring us new info that they do not know or not share with the public to use for our benefit. Sometimes, it needs us to dig deeper from that information so we know the other clue that can be useful for us. I agree that learning is a never-ending process we should face every day, even if we can become pro traders someday.
5210  Economy / Trading Discussion / Re: The psychology of stoploss on: September 26, 2021, 01:14:42 AM
Using stop-loss or not will depend on how your analysis. If you think that the price will go down too deep, you can use a stop loss at a certain level so you can prevent the big loss. If you can monitor your trade, you can analyze more to find more info so you can determine to use stop loss or not. Stop-loss can be used based on the market situations, so with more analysis, that will be necessary to use stop loss or still analyze the market to see where the price will go.
It will always depend on that, I personally don't have stop loss level on Bitcoin because I know its more safe to hold on it than to sell it our of panic. Though I have a different approach on my trading activities, stop loss for me are very important in my short term trading, it allows me to minimize my losses and then look for other opportunity to buy. If there's no stop loss every time you trade, how can you know when to exit the market? for me this is very important in trading.
If that is about bitcoin trading, I prefer to hold than to sell like you. Besides that, when I buy bitcoin, I do not go all in so when the price is down a lot, I still have money and can buy more bitcoin. Maybe stop loss works in short-term trading such as hourly or daily trading as the price can move anywhere. Yes, stop loss is very important but that depends on how you trade. But sometimes, we are late to apply the stop loss so we only see a loss after selling the coin.
5211  Economy / Gambling discussion / Re: Fake bets on: September 25, 2021, 02:29:58 PM
To be honest all of the advertisements in all fields, whether it's food, medicine, clothes, shoes, as well as gambling are not true at all. Advertisements purpose is to make people think it is real, but it's not for them to earn money while us don't get what we think we'll get. So most of you guys will think it's unfair, in my opinion it's not. We're just dumb to believe them without researching first about what they are promoting.
Unfortunately, people just think about gambling that gambling can give them money from playing various games. Many people follow other suggestions or promoting without further research, so they only get scam in the end. The advertisement itself always changes from time to time but new people can be the next victim. So whatever we watch on social media, do not just listen to them but always search for more to get the right thing about what they promote. If somehow, we feel that they do not give the right thing, we must leave it without searching for more.
5212  Bitcoin / Bitcoin Discussion / Re: China trying its best to get hated on: September 25, 2021, 01:30:20 PM
I honestly think that people are starting to get really sick of China's behavior.
What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).
Should we really expect a bear market?
You must hold on tight to your bitcoin, sit back, and enjoy the moment if that happens. If you have money, you can buy whatever coin you want to buy, not just bitcoin because altcoin will go down behind bitcoin. China's government will see what will happen to their country and if that means the major investors will leave their country, let it happen. Even if the bear market is coming, you do not have to worry about the bear market because the market will recover and will have another bull run.
5213  Economy / Trading Discussion / Re: The psychology of stoploss on: September 25, 2021, 12:37:43 PM
Using stop-loss or not will depend on how your analysis. If you think that the price will go down too deep, you can use a stop loss at a certain level so you can prevent the big loss. If you can monitor your trade, you can analyze more to find more info so you can determine to use stop loss or not. Stop-loss can be used based on the market situations, so with more analysis, that will be necessary to use stop loss or still analyze the market to see where the price will go.
5214  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it good to invest on cheap promising coins? on: September 25, 2021, 11:33:53 AM
Before you invest in that coin, you need to research to find out if it is suitable for your investment or if it will not be good for you to hold for a long time. If I take a look at the market, that coin is available on the small market which I do not think that the price can rise in a short time. Many good coins with a low price in out there and it is available on Binance, Kucoin, Bittrex, Gate or other big exchanges. That will be better for you to buy the low price coin at those exchanges and hold it.
5215  Economy / Gambling discussion / Re: Fake bets on: September 25, 2021, 10:49:42 AM
I don't think these streamers will ever disclose how much they are getting paid. But if the streamer is a responsible one, he would not deceive his followers because sooner or later, their followers will soon realize about this deception and some of them may unsubscribe their channel. People talk and the word of mouth sometimes is a very powerful tool when it comes to marketing.

There is a lot of youtube bloggers scamming their subscribers and nothing is happen. Especially, russian bloggers are often tell this fact "in the face" to their auditory and nothing is changing for them.

So i'm doubt about reputation risks for such bloggers
So as an audience, we must filter and search for the other info to know if they will try to scam us or they serve good data. I only think about if they talk too much about what they do, it can show us if they lie to us or give a real fact about what they do. We can see about that after we watch some videos from them.

But out of that, they really make money from their channel and Youtube also pays them well, especially if they have a big subscriber.
This kind of vloggers are more into money making system they don't care about reputations as long as they can convert a decent amount of money. They are all okay doing it.

You need to be more careful as an audience never to believe without doing your own research it saves your butt being scam.

Use your common sense when dealing with this kind of streamers, even they've got a huge amount of followers and subscribers, it doesn't mean that they are reliable.
Hopefully, we can take care of ourselves when we watch those videos and never getting scam by them. Although they can change their method to trick the audiences, we can protect ourselves from them carefully. Hopefully, someone can report them to the developer and they will investigate if their content is something that can break their rule so those bloggers will get a warning from the developer.
5216  Alternate cryptocurrencies / Speculation (Altcoins) / Re: where to invest with 30 000 usd on: September 25, 2021, 09:42:06 AM
With that much money, it's better to choose a light risk, choosing the best 20 coins on Coinmarketcap is the best choice, but I don't recommend you to choose DOGE, I think DOGE is just a HYIP from Elon Musk's tweet.
$30k for a doge is like suicide. because in the blink of an eye can be dumped by musk or by whales. doge is not worth investing in large amounts, in my opinion the best choice is in position 1-10 coinmarketcap if you want to invest $30k
What? Use all of $30k in dogecoin? He must be kidding. We can select many potential coins to invest with $30k so using in just one coin is not too good unless you decide to invest in bitcoin. That will be worth doing as bitcoin can increase higher anytime. Having bitcoin as the main investment is a must that people should do, especially bitcoin price now still at a low price. Hopefully, we can make more bitcoin from the altcoin we invested in, making a lot of money later.
5217  Bitcoin / Bitcoin Discussion / Re: All crypto declared illegal in China!!!!!!!!!!!!! on: September 25, 2021, 09:05:40 AM
Will this impact BTC? maybe a bit, but nothing to be worried about. China banning crypto is nothing new and has been proven to be not doing significant damage to the community.

Although regarding the policy in china, it is understandable, maybe, that they are banning it because they have a government who is communist yet the president holds the power. And decentralized assets is not a good thing to exercise if the country wants full control over its citizens.
So prepare for the dump just in case BTC gets the impact of that news. But that will not make BTC stop increasing someday because BTC is too strong and not getting impact too much. The dump will be the best time to accumulate more bitcoin to wait until the price increase later. Maybe China will regret it someday after they ban bitcoin. Or they want to buy bitcoin at a low price so they spread that news to the public and make people afraid and sell their bitcoin. That will make sense to understand if their reason to release that news is because of that.
5218  Economy / Trading Discussion / Re: What every new trader should be focused on on: September 25, 2021, 07:56:21 AM
Take a look at some well-known people on Twitter, they will give some direction, every day to learn the knowledge of cryptocurrency, every investment before thinking, do not fear failure, find experience in failure.
If you want to learn from them, that will be okay but if you want to just follow what they said, for example, they told you to buy A coin, then you will need to think twice. We can learn from many sources, which is unlimited, as long as we want to learn and have an effort to learn. I am sure we will have our time to make a profit from trading and once we can do that, we still need to learn more to have more chances to make a bigger profit.
5219  Economy / Economics / Re: How has inflation affected your savings and investing? on: September 25, 2021, 07:02:58 AM
So far, my cost does not yet increase significantly and I can still control my monthly expenses and do not have a problem with that. But I prepare to reduce some things that I think are not too necessary to my family so I think I can save a couple of dollars that I can use as a reserve if I need urgent money.

On a monthly, I try to save at least $50 in my saving and my crypto investment so just in case, I can sell some if I need more money to cover my bills or the other expenses. It is hard to admit, but we can only prepare ourselves if the cost rises because the government adjusted some products.
5220  Economy / Gambling / Re: Bitcasino.io 💜 — Weekend full of fun & prizes! 🎉 🥳 🚀 on: September 25, 2021, 05:52:24 AM
Hi Karl,

The article about streamers is very interesting, I knew that they earned a lot, but I didn't think it was that much money, it is quite profitable and I have seen great growth especially on Twitch, everything that has to do with games is very exciting , and now Bitcasino.io is on another level, Wow it's always exciting to wait for Fridays to wait for the best selection of games, PiggyPop is a great game, I really like their music, it seems like a movie. It is a very nice rock and roll. I also see that it has very good chances of winning, I actually recommend playing PiggyPop, it gives a lot of relaxation to play it.
They also get money from their affiliate because I see in a channel, they suggest we subscribe to their channel and join using their affiliate links. That makes them have a big referral that will give them additional money weekly or monthly. We never imagine how much they will get but I think they can get more than $5,000 monthly and that is a lot of money for the streamers. No wonder many people are now trying to focus on making many exciting videos, especially about their playing the game as their hobby.
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