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5221  Economy / Gambling discussion / Re: Is this safe to say this about casino platforms on: January 31, 2023, 09:38:45 AM
Is it safe to say that casino platforms is running their business with users find only? I read somewhere that they pay winners with losers money, I couldn't ask him or her if a casino can start business with zero fund at hand, I know that most of them wired their system to favour them more ( lose more and win less ) , if not they will run out of business fast I belief, what do you think about this? Was I wrong about this? Come to think of this, there is no prove that they have some money to pay winners.

No you can't start a gambling business without any funds at hand. Casinos are a games with a lot of randomness, especially in the beginning when there are not so many customers yet there is no guarantee that you are going to make a profit. Let's say you have a very lucky gamblers who manages to only plays roulette and doubles up his money a few times in a row. What are you going to do if he wants to withdraw his money? You can't start a new business and directly have trouble playing back customers or even worse, go into default. You are right that the casino pays out the winners with the money they make from the losers minus their expenses and taxes. The casino needs a large number of customers to be profitable and of course a large enough bankroll to pay out lucky winners. As long as there is no legit accusations that the casino is not paying out winners we shouldn't be too concerned. Why would a successful business who has been around for years risk losing everything by not paying out one winner? Once word gets out that the casino is not paying customers anymore no one is going to play there anymore. You can only lose your good reputation once and there is no coming back from it.
Absolutely! Gambling businesses require a high level of planning and consideration before being launched, and this cannot be done without adequate resources. Casinos are games of chance and no amount of luck can guarantee a profit in the early stages when there are not many players. Even if a customer is exceptionally lucky and doubles their money a few times, the casino must be able to pay out the winnings.

Casinos rely on customers to generate revenue and cover their expenses, as well as taxes. Furthermore, they need a substantial bankroll to pay out the lucky winners. For this reason, starting a gambling business without adequate funds is simply not feasible. It is also important to keep up a good reputation in the gambling industry. If a casino fails to pay out a win, it could damage its reputation and lead to a loss of business. Word of mouth is a powerful tool and no casino can afford to have its name dragged through the mud.

Therefore, it is essential to have a substantial bankroll, a well-thought-out business plan and an excellent reputation before launching a gambling business. With the right resources and strategy, a casino can prosper and generate a steady income for its owners.
5222  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: January 31, 2023, 09:22:27 AM
I hope city will be getting the same result as when city was facing arsenal in FA cup. That will prove that the rumor about arsenal didn't play seriously against manchester city will not be true. There are so many people who have been talking about that if arsenal didn't play seriously against city to get FA trophy. i meant the match between city and arsenal may be able to determine the winner of FA cup but yeah manchester city needs to prove itself is even stronger compared with arsenal by beating arsenal in the local league.
That will break so many rumours about that if arsenal didn't play serious against city.

Of course, Arsenal played with the hope of winning, but the truth is that there was a slight rotation of players in the team and after the match, Arteta said that he was not happy with the result. And believe me that the match in the Premier League will be different, I don't want to say that Arsenal will definitely win, the outcome can be anything, but Arteta's will put optimal squad on this game, for sure. It will also be Arsenal's home game and I expect Arsenal not to lose.
Arsenal does not have many players and a good economy to fight multiple titles. Losing FA cup might still in the plan but I believe that they have fought all they can with Manchester. The important thing is that they still have many matches left in the Premier League and even a match with MC. The match will be significant because it will determine who will be the king of the season. Moreover, Europa League is still a big title in this year. If Arsenal manages to win 2 titles, it will be a huge accomplishment for them. They have not earned any EPL for 20 years already. And remember that Arsenal plays less than MC 1 match and still have the 5 points gap
5223  Economy / Gambling discussion / Re: It's a good idea to just register on casino on: January 31, 2023, 09:07:25 AM
<snip>

I believe it is possible. But the thing is, it rarely happens. In the past, I had registered on various casinos and then did not played thought of playing there even once. If I did not miss anything, I don't receive any bonus from that.
Your plan could be a waste of time or any effort (do it's easy to do), especially if you tried hundreds already and nothing happened. But who knows?

Most of the time casino don’t send bonus promotion on user account that just register and doesn’t display any sign of activity. Doing this method is really a waste of time besides casino already have a welcome reward bonus that all new registered user is eligible to claim it. Some casino offers special promotion for those user that is once active and suddenly become offline for a long time and not on users that just registered without any contribution. Livecasino and Duelbits has this kind of exclusive promotion for members that’s inactive for a while.

I have a business on selling items through online merchant and this method is what we always do to encourage buyer to checkout their cart but like what I said, We are just doing this since buyer is already added the item in their shopping cart and not that they only register in the platform, They show interest of buying so we gave them bonus for the effort of adding to cart our items.
You make a very valid argument regarding how casinos seldom contact new members who haven't yet demonstrated any interest in the service after they've signed up for an account. Although most online casinos restrict these kinds of bonuses to their most engaged players, others, like LiveCasino and DuelBits, provide bonuses even to infrequent wagerers.

Providing incentives to customers is a great approach to enhance sales and client retention. You make a good point that incentivizing consumers to complete an incomplete purchase with incentives may boost conversion rates. However, you should also think of alternative methods to persuade clients who aren't quite ready to buy. Some strategies that have been successful in this respect include giving discounts or loyalty programs.

Remembering that there are a variety of proven methods for boosting business and maintaining loyal patronage is crucial. Offering additional promos to clients may be beneficial, but there are likely other ways to contact them and encourage them to make a purchase. Bonus promotions, when used in conjunction with other methods, may be an effective tool for boosting business.
5224  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: January 31, 2023, 08:50:20 AM
I'm very surprised with the news that Cancelo is joining Bayern Munich on loan. Because there is no meaning in Manchester City to let one of their crucial players go so easily. I know that they have Sergio Gomez as an alternative left-back but it is still not a sensible move. Cancelo has been one of the key players in defense. He has been more like a offensive back actually and he has scored lovely goals in addition to his contribution with his passes. This is going to be a very favourable deal for Bayern Munich and they have an option to buy him also.
His contribution for Manchester City in the last 4 season is very vital that he has help this team to gets several trophies but rumour mention Joao Cancelo relationship with Guardiola it got worse and they were never greeted each other again in the last 2 months it because Cancelo feel his vision doesn't same again with Guardiola moreover in the last 3 matches Guardiola didn't played him as starting line up and against Arsenal too on FA cup

This transfer happened because Cancelo personally asking to Manchester City to release him to other club and they don't have much time to find Cancelo replacement because winter transfer window will be closed tomorrow but this shouldn't be a problem for Manchester City because they didn't lack of players on left back position and currently they have Nathan Ake and Serge Gomez
It's terrible that Joao Cancelo and Pep Guardiola seem to have grown apart, since Cancelo has been an integral part of Manchester City's success over the last several seasons. City, however, has continued to be successful, as seen by their trophy case.

Manchester City will have to move swiftly to replace Cancelo or make do with the players they currently have on hand, as the winter transfer window ends tomorrow. Luckily, they have a few choices at left-back, including Nathan Ake and Serge Gomez. Finding a suitable replacement for him won't be simple, but remember that change is sometimes for the better. It's a chance for the team's supporting cast to step up, which might lead to the rise of new stars.

Clubs often face challenges when trying to replace star players during the transfer season. While a transfer window may seem like a quick fix, teams must carefully consider their alternatives to find a player who will complement their existing roster and help the club go forward. The club's budget would likely be affected significantly by any new addition, thus financial considerations must be made.
5225  Alternate cryptocurrencies / Altcoin Discussion / Re: The goodness of long-term investing in cryptocurrency on: January 31, 2023, 08:32:59 AM
Long-term investment: An investment held for more than 5 years. Although few people say that they are short-term investors, there are actually many such people! In the context of long-term investment, entrepreneurs may invest in strategies, research, or some projects that have high personal returns, but shareholders expect relatively low monetary returns.

Long-term investments should coincide with the cycles that are caused by bear and bull markets. Thus, it is necessary to make investments at the end of the bear market and the beginning of the bull market, and after reaching high, it is necessary to sell your coins and wait for the start of a new cycle.

I think it is not easy to identify the end of bear or bull cycle with 100% accuracy but what we have learnt from our experience that Bitcoin usually falls 80-85% from its all time high before it starts recovering, Hence we should start accumulation around that level and continue buying on every dip. This is what I think is right strategy based on historical trend of Bitcoin but it is not necessary that history always repeats itself.
It is not easy but it is also irrelevant to try to identify the bottom of market, when you look at the charts it is very easy to think that if you bought at the bottom then not only you could maximize your profits, you will also be able to hold your coins and never face a day in which you will be losing money, but not only this is unrealistic it is also something impossible to do, so we need to create a strategy that allow us to profit from the markets without the need for such a precise prediction.
It's true that it may be difficult to determine the exact market bottom, and that expecting to constantly purchase at the bottom and avoid losses is unreasonable. I do believe that we can still develop a plan that will enable us to benefit from the markets without placing an undue emphasis on timing the bottom.

For instance, we may develop a plan to purchase progressively over time rather than aiming to buy precisely at the bottom. Setting up a regular program to buy lesser quantities of coins on a weekly or monthly basis might accomplish this. In this method, we may benefit from price changes and market swings while still average out our purchase price. This method may also assist us in creating a portfolio of currencies that we feel secure owning for an extended period of time.

In the end, a smart investing strategy is building a diversified portfolio, doing independent research, and having the self-control to adhere to your course of action despite brief market changes. We can all make wise judgments and be successful investors with a well-thought-out plan and the correct mindset.
5226  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: January 30, 2023, 05:25:14 PM
This 1 point is very important for Real Sociedad because Real Madrid is ahead of them in the league.  Had they lost 3 points, there would have been a difference of 6 points between them and the 3 points Real would have won.  At least with this result, the difference in points between them remained the same.  If you can't win, you won't lose.  Real Sociedad has achieved this.  Barcelona was most pleased with this draw.

a draw as I expected, but a goalless finish, that's not what I expected. I thought it would be a draw but with 1 or 2 goals for both.
However, Madrid's dominance in the game cannot make Sociedad just give up. although under pressure they also look very tough on their defense.
Madrid with their best squad, with a scary front line. but Sociedad was able to hold off 20 shots from Madrid.

Sociedad has a strong squad, so does Real Madrid.  I was also surprised that such a match ended in a goalless draw.  I think Real Madrid and Sociedad could have scored 1 each and the match could have ended 1-1.  Even though Real Madrid were too loaded for the goal, they couldn't get past the strong Sociedad defense.  In the end, we had to watch a goalless match while both teams got 1 point.
Real have problems transferring their opportunity into goals. They need to improve that aspect as soon as possible in order to race with Barcelona. The current gap is now 5 points. It is not a hopeless situation because there are many matches before the end of the season. Shout out for Sociedad for securing 1 point. The deserve the third spot in the league
5227  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: January 30, 2023, 05:05:48 PM
It is impossible to deny the fact that the players of Sassuollo played to the best of their abilities, but it is also impossible to deny the fact that Milan's recent games are terrible. out of 5 games Milan has lost 3 and played 2 draws, which for a team of this level is unacceptable, given that the competitors do not lose points. In general, Milan need to pull together and win, otherwise it all looks not very good.
I didn't watch this match, but I have to admit that Sassoulo played more attractively and made good use of his chances.
Milan was very frustrated throughout the match, 2 of the 4 goals they scored were ruled out by VAR. Of course this is bad record for Milan, especially regarding the defense.

Now I no longer expect Milan to compete for the title, but it is still possible to expect them to compete for the Champions League ticket next season. They haven't lost hope about that, but the title is further away after the unsatisfactory results in their last 4 matches.
The odd for Sassuolo's win were around 7.1. Damn, I wish I had made a bet on Sassuolo. In Seria, only Napoli has an outstanding performance while other teams seem to play a little bit tricky and out of hope. Thus, making bets on those who have a higher odds will give us higher chance to earn a huge amount of money.
5228  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: January 30, 2023, 04:46:58 PM
An equalizer by Reims at the Parc des Princes denies PSG a victory. Despite having all three stars, this PSG team looks like medicare. At the moment, PSG is struggling. When did they last win a big one? Messi, Neymar, and Mbappe played together to secure a draw against Reims. For PSG, Neymar scored, and for Reims, Balogun scored.

Psg got a really surprising result.  I honestly thought they would win this game by a big margin.  Their draw has been one of the most surprising results in recent weeks.  Despite being in a bad position in the league, Reims caused Psg to lose two points.  Psg is lucky as it's been an unlucky week for Lens.  Their leadership in the league is currently in jeopardy.  Now they have to win every game.
I can't believe the result. Folarin Balogun made an outstanding save when the match was only 40 seconds left. The result is definitely bad luck for PSG. Lens also suffered a draw and neither did Marseille. It seems that the current top position do not make any change at all in this week. PSG needs to work harder. It seems that players have lost all of their spirit after the World cup.
5229  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: January 30, 2023, 04:30:38 PM
I think it's impossible for Arsenal not to prioritize the FA Cup. Throughout the club's history, Arsenal have won the FA Cup trophy 14 times and are listed as the most successful team in the FA Cup. After being eliminated in the FA Cup, Arsenal can focus more on the Premier League, Arsenal have collected 50 points from 19 matches, Arteta must strategize well ahead of the next match to stay away from the threat of Manchester City who are below him by five points.
Meanwhile, in the Europa League competition, Arsenal are still in the ranks of the seeded teams in the competition. The impressive results that have always been inscribed in the Premier League have made Arsenal have the opportunity to step into the final round which is very open.

Yes. it seems, Arsenal did not prioritize to win the FA CUP trophy. if so, Arteta will play his main starting line-up against Manchester City. after all, Arsenal have enough time off if only to focus on Premier League competition matches. however Arteta seems to prefer playing other players than, Odegaard, Martinelli, B.white, Salaiba, who sat on the bench.
maybe the scenario, Arteta prefers to study City's weaknesses when they meet in the FA CUP match. that doesn't mean either, Arsenal don't want the FA CUP trophy, it's just that their priority is the Premier League. plus, in the next three weeks Arsenal have a game against City at their own headquarters, Emirates Stadium. to be sure, Arsenal will focus on getting full points before meeting Manchester City later.at the very least, Arsenal must conquer Everton and Brentford to widen the points gap from their competitors.
I agree with you. Having so many targets will weaken the team because they don't have enough time to rest and adjust the gameplay. Studying MC is what Arteta consider more important. The next fight between them will be 16 days later and it is not a long period. Soon, they will face again and Arsenal will have a great chance to beat MC ass. Nevetheless, I have to admit that MC is always a strong squad since the arrival of Pep Guardiola. He has built an excellent team both vertical and horizontal. Much respect to that guy
5230  Alternate cryptocurrencies / Altcoin Discussion / Re: What makes a crypto project reliable and trustworthy ? on: January 30, 2023, 04:11:54 PM
It's fantastic that you want to learn more about crypto currencies in order to determine which ones can be trusted. When trying to determine whether or not an alternative cryptocurrency can be trusted, there are a few things to keep in mind. One important factor in an altcoin's success is the expertise and dedication of the people behind the project. As a corollary, the altcoin's use case and practical relevance are also critical considerations. Success is more likely for an alternative cryptocurrency if it offers a practical solution to an existing issue or fills a need in the current market.

One must also consider the altcoin's underlying technology and evaluate it against similar currencies. Are there substantial network effects or collaborations that will assist propel the altcoin's adoption and value? Is the group of people working on and using it robust? When deciding whether or not to invest in an alternative cryptocurrency, these are all crucial questions to ask. In the end, it is crucial to do your homework on the cryptocurrency and fully comprehend it before putting your money into it, and to always diversify your investments to lessen the blow of any potential losses.
5231  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Dogecoin Dead ? on: January 30, 2023, 03:52:51 PM
Dogecoin's journey is still very long and remember Dogecoin's Holders have spread all over the world,
so Doge is not a coin that is only held by the developer but everyone holds this coin and makes Doge really very strong in terms of community and of course fundamental,
so who anyone who says that dogecoin is dead of course it is FUD.
I think that it is important to remember that dogecoin is still a very strong coin and has a very strong community. I think that it is also important to remember that dogecoin has a long journey ahead of it and that it is still growing and developing. I think that it is important to remember that dogecoin is not just a coin that is only held by the developer, but that everyone holds this coin and makes doge really very strong in terms of community and of course fundamental value. So, anyone who says that dogecoin is dead is obviously just trying to spread FUD.
A strong community is the key to Doge. The underline technology is far behind another blockchain such as INU, near, or SOLANA. But as it was created for a meme, being in the top 10 is an outstanding result. Doge in fact is still very good for gamblers who want to make a smaller bet. Moreover because it is a lightweight coins, making transactions are extremely fast
5232  Alternate cryptocurrencies / Altcoin Discussion / Re: Top AI Crypto coins that can possibly change your life on: January 30, 2023, 03:35:26 PM
The combination of cryptocurrency and AI will make a huge change to the current economy. But it might take time since there is no many significant projects. AI will be more interesting in the future and I bet many projects will utilize its power for a variety of aspects such as building scaffold-blockchain, marketing or writing advertising content. I will certainly learn more about AI and see what we can do with those new inventions of human

Thank you for sharing knowledge. I will definitely make a further research on these coins
5233  Alternate cryptocurrencies / Altcoin Discussion / Re: Will Shiba inu get to $1 on: January 30, 2023, 03:16:55 PM
The current number of Shiba Inu is 549,063,278,876,302 coins so if it makes it to $1, the market cap would be $549,063,278,876,302 which is 1,224 times bigger than the current market cap of bitcoin: $448,268,681,689.

After the calculation, you can see that there is no way Shiba Ini will get to $1 in the near future, unless bitcoin increase 10000 times.

About worth project, currently I can only see Near is the perfect choice for long-holding. There are certainly hidden gems but it will take a lot of time to do proper research (ALEO, iron fisk).
5234  Economy / Gambling discussion / Re: What is your take on this crypto gambling use case idea? on: January 29, 2023, 07:05:31 PM
It doesn't make sense for a gambling site to accept only its own coin no matter how valuable and scalable the native coins are, casino need multiple deposits of currency to stay up-to-date with demand in transactions which is a most important aspect of running casinos as anythimg that limit the inflow of cash flow will definitely hampered the activities of the casino.
I dont know of any casino that accept only their own native coins and this is the first time I am seeing such a level of availability centralization in the gambling industry toady.
When we look at an industry and we see that everyone is doing something we need to wonder if this is because that is the best way for the industry to work or if there is an oversight? On this particular case it seems obvious that this is the way casinos must work, there are thousands of coins in this market and there is not really any sign this will change, so if casinos want to maximize their profits they have no other option but to accept as many coins as they possibly can, or they risk losing money and clients to other casinos.
Casinos, imo, should accept as many payment methods as possible, including bitcoins. This allows them to reach a larger audience and maybe increase their revenue. However, keep in mind that taking new forms of payment incurs additional costs and potential risks, such as the volatility of bitcoin prices. Furthermore, casinos must abide by all relevant laws governing the use of cryptocurrencies. Overall, although accepting many forms of payment may be helpful for casinos, it is vital for them to weigh the advantages and downsides and make informed decisions.
5235  Economy / Gambling discussion / Re: We lose on the long run through return percentage on: January 29, 2023, 06:50:11 PM
According to statistics, a casino or sports betting office should always win. But those are just statistics. And not everyone gambles with the same amounts. This is often not included in the calculations. If you keep gambling long enough, a casino will always keep winning because players rely too much on luck. That will always be the case with gambling, in the long run the luck will turn against you and then you will lose a lot of money and perhaps even go bankrupt. I think the ROI is something like 45% while at 50-50 it should be 50%.
In the long term, gaming institutions often have an advantage over players. However, keep in mind that everyone's gaming experience and budget is unique. Some players may have larger bankrolls and can afford to play for longer periods of time, but others may have a lesser budget and must be more cautious with their wagers. Furthermore, bear in mind that the ROI for gambling might vary based on the exact game or activity. It's always a good idea to make and keep to a budget for yourself, and to remember that gambling should always be done in moderation. Furthermore, never bet more than you can afford to lose. It's also critical to grasp the odds and that the house always wins in the long term. It's usually a good idea to have fun while staying within your budget.
5236  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: January 29, 2023, 06:33:41 PM
I still think that PSG are in a better condition than Bayern Munich at the moment.

The reason why is that I see Bayern Munich lost their scoring productivity quite a lot lately. This is why they got unsatisfying results in the Bundesliga these days. They are able to find a lot of chances to score in fact but it is all about the finishing skills. I know that PSG also lost to Rennes and Lens away. But I'm not very surprised with those losses. Because these were both tough away games for PSG especially while they didn't have some players in their trio in each one of the games. Otherwise they are still a very strong team when they have Mbappe, Messi and Neymar all on the field.

If PSG maintain a good streak while Bayern Munich are having the same issues then I will be favouring PSG to advance more than before.
I agree with you. PSG is far more stronger than Bayern Munich. They have Messi and Mpabbe. Both of them are the scoring machine. We have seen how they performed in the World cup. It will be a tough match for bayern Munich. Google predict that PSG has 41% of wining while BM only has 34%. The rest is for drawing match
5237  Alternate cryptocurrencies / Altcoin Discussion / Re: What makes you into crypto at the moment? on: January 29, 2023, 06:18:51 PM
~
Pandemic is already starting to slow down and somehow I understand that people are now hyped into crypto just because of how almost everyone has the access to buy it. I thought IEOs along with ICOs were like a thing from the past now though either way, those were the hypes that's why the people around you were joining.

Might be an off topic, but it is also worth mentioning that due to lack of jobs, people were also freelancing. I had plenty competitors when I was freelancing last year.
It's definitely true that the pandemic has had an impact on the crypto market and people's interest in it. With so many people stuck at home and looking for ways to make money, it's not surprising that some have turned to crypto. As for IEOs and ICOs, they've definitely had their moment in the spotlight, but the market has evolved and there are now different ways for projects to raise funds
5238  Alternate cryptocurrencies / Altcoin Discussion / Re: MANA & SAND & NFT & WEB3 on: January 29, 2023, 06:03:46 PM
The Internet has already provided statelessness communication for a long time. Youtube, facebook, and all other social media have proven this idea. Web3 just simply take the advantages back to the user where big company cant sell, rent or hijack their private data

Web3 will definitely continue be developed. On github, there are thousands of on going projects and many companies play important roles in funding, research as well as promoting cryptocurrency to the people.
5239  Alternate cryptocurrencies / Altcoin Discussion / Re: Big Banks and MainStream on: January 29, 2023, 05:48:21 PM
The reaction of major banks and conventional organizations to bitcoin has been divided. Some people have been wary, even critical, of cryptocurrencies, while others have been more accepting.

Many large institutions have previously been cautious to adopt bitcoin, citing worries about its volatility and lack of regulation. However, opinions have shifted in recent years, with more and more mainstream organizations becoming interested in bitcoin. Companies such as PayPal and Square, for example, have begun to enable their users to purchase and trade bitcoin, while large banks such as JPMorgan and Goldman Sachs have began to provide bitcoin-related services to its clients. Furthermore, institutional investors are beginning to include Bitcoin and other crypto assets in their portfolios.
5240  Alternate cryptocurrencies / Altcoin Discussion / Re: What's been your experience with IEO tokens launched on BKEX? on: January 29, 2023, 05:31:23 PM
https://coinmarketcap.com/rankings/exchanges/

You can use this link to estimate which exchange is good for IEO. In my opinion, BKEX is not a good platform but during the uptrend, they do add a lot of shitcoin, luring newbie to their exchange and then doing suspicious stuffs

Kucoin is far better than bkex.
Kucoin is definitely an awesome exchange. I still have more than $400 on their exchange. Their withdrawal process is extremely fast and convenient
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