I was thinking that if you have money you can make a good income from any investment in the world without someone having the idea, until I met one young wealthy man in the flight yesterday and he saw me checking some coins price in my cryptocurrency wallet, and he begin to ask some questions related to cryptocurrency and, I responded to him in a way he begin to show some interest in cryptocurrency investment. Based on some orientation I gave to him in the flight made him to return the money I paid for flight when will got to our destination because, he gained some ideas from me in the flight that made me to bring this topic, Is there any way someone can survive only in money in a particular investment without acquire idea? Because I know that idea and money are very important to investors.
If you have idea on a particular investment, it will help you to follow the straight way that will lead you to some stage that will make you to believe that you are close to your destination of greatness, and if you have money and idea, very easy for you to grow higher in your investment which the two are very important to investors because, you will know the type of business to invest your money which you have the idea that it will bring a good profits to you in the future. Do you believe idea and money are very important in investment? Or can you succeed with money without idea in that investment.
"No duh" comes to mind when reading the thread title. The world resolves around business and money, but you don't necessarily need an original idea to be profitable. In some markets if you're able to reach a certain scale and undercut your competitors price, then you can potentially squeeze enough profit out of it to sustain a business. Ideas are often worth nothing however, until they are transformed into practice - so your friend does not owe you anything and many other people could have thought of the same concepts as you. If you think your ideas are so genius, then put them into practice instead of moaning and pretending they made someone else rich, it was the action that made the person rich, not simply the thought. |
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I have a developer who recently stumbled on multiple AI he uses for sport betting predictions, he uses it to generate sport bettings but none of the bets gets to be accurate as it generates tens of games. but when used to generate a much lesser number of games the predictions are sometimes correct, at least 3 in 10 predictions of "multiple" bets.
But he loves having 30+ games "multiple" bet to win big amount and so far it has been a challenge in the last 5-6 weeks as his winnings have drastically dropped.
Should AI be relied on for sport betting predictions?
It definitely seems feasible that at some point in the future, when AI is fully tuned into all the latest news sources and has a reliable stream of information like news, "celeb gossip" that can describe player issues, management and weather analysis, among a lot of other data, then it might be able to beat existing analysis by bookmakers. Just bear in mind however, that these very same bookmakers are trying to stay ahead and improve their existing prediction capabilities all the time, because there is a lot of money at stake if they get it correct.. or wrong. Being able to accurately predict 3 out of 10 results doesn't seem much better than random guesswork to me. |
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Ones mindset towards your goals may help to determine one's success. Someone with a growth mindset has a great potential to be successful in life. Has he/she will views intelligence, abilities, and talents as learnable and capable of improvement through effort while a fixed mindset views those same traits as inherently stable and unchangeable over time. The below picture will challenge your mindset and also help you determine which mindset you have.
While those who adopt a fixed mindset are more likely to:
👉Believe intelligence and talent are static
👉Avoid challenges to avoid failure
👉Ignore feedback from others
👉Feel threatened by the success of others
👉Hide flaws so as not to be judged by others
👉Believe putting in effort is worthless
👉View feedback as personal criticism
👉Give up easily
Can a person’s mindset change?
Just as someone can grow and develop their intellect, a person is also capable of changing brain functions and their thinking patterns. Therefore, one's mindset can be changed.
How to develop a growth mindset
🧠🧠Realize that, scientifically, you can improve
One of the most direct methods of fostering a growth mindset is by understanding our brains are built to grow and learn. By challenging yourself with new experiences, you can form or strengthen neural connections to ‘rewire’ your brain which, in turn, can make you smarter.
🧠🧠Remove the ‘fixed mindset’ inner voice
Many people have a negative inner voice that acts against a growth mindset. Try to flip thoughts such as ‘I can’t do this’, to ‘I can do this if I keep practicing’ to nurture a growth mindset.
🧠🧠Reward the process
Although society often rewards those who achieve excellent outcomes, this can work against a growth mindset. Instead, reward the process and the effort exerted.
🧠🧠Get feedback
Try and seek feedback on your work. When students are provided with progressive feedback about what they did well and where they can improve, it creates motivation to keep going. Feedback is also associated with a pleasurable dopamine response and enhances a growth mindset.
🧠🧠Get out of your comfort zone
Being brave enough to leave your comfort zone can help foster a growth mindset. When faced with a challenge, try to choose the harder option that will allow you to grow.
🧠🧠Accept failure as part of the process
Failure, setbacks, and initial confusion are all part of the learning process! When trying something new,see occasional ‘failures’ as positive learning opportunities—try to enjoy the discovery process along the way.
CONCLUSION
Since, ones mindset can be changed, it's better for one to develop a growth mindset towards all one's activities in life to achieve a great result. Develop a growth mindset toward all your goals today to improve on your business, studies, etc.
There's a lot of good advice in there, but the odd piece that doesn't make sense - I've never encountered anyone who thinks "intelligence is static". A lot of the traits I see in the "fixed" mindset are what I'd sometimes associate with someone who is stuck in a depressive state of mind or they may feel trapped in a certain situation. If you do not have access to material and knowledge beyond what you know already, it can be hard to improve yourself. Imagine being stuck in a family compound in Saudi Arabia, the limits of your knowledge are often what you can directly access around you - news and internet from a government controlled media that are pushing a certain, often religious tinted, agenda - until you grow up and see other parts of the world you can be confined by that environment. |
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I’m a new member here, and I want to gamble on online casinos. I found some good trusted casinos. And I want to begin with a game with a low budget. First, I need your suggestions about the best games, slots. Live casino for a beginner.
Do you think Me starting gambling would effect me in my real life or make me addicted to gambling. What’s you suggestion and advices.
The best advice you'll get is to avoid gambling entirely as you don't need it in your life and if you fall into the trap of addiction it will be very devastating to you. If you are young, you might not be aware of all the psychological tricks that gambling institutions will be pressing on you. Like enticing you in after a big initial deposit by engineering a game to give you a few early wins, which if you play for a long time will quickly revert to the average which results in you losing. Online they have full control of the programming and mechanisms taking place behind the scenes, you're playing in a blackbox that you'll never be able to decipher and even things like sports betting is heavily weighted towards the bookmaker. |
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It's laughable to read those articles showing doctored data from China, then find out mere months later that China's opening from the lockdown has not been enough to make their economy surge again to pre-COVID levels. They're property/real-estate sector, which makes up a LARGE percentage of their GDP, is in the edge of crashing.
For the first time in history, China is considering to give UNSECURED loans to real-estate developers. Plus because of those fiscal stimulus that they have already distributed to help their economy, their budget deficit is in the highest in two decades. They are taking unprecedented risk to save their property sector.
What we're now starting to see is a bit more contagion, there was a news article published a couple days back stating that one of the biggest "shadow lenders" in China is in major trouble and it was organizing financing deals for struggling real estate developers. If the shadow financing world collapses, then we might start to see the whole chain break apart. There are millions, hundreds of millions, of Chinese people who put all their savings into property that might lose their whole retirement plan if the problem keeps on growing. It's all the fault of the Chinese government though, as they wanted this property bubble to keep blowing up because it was an easy way to appear richer with so much internal construction taking place, but as with many things it was mostly fake. |
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Guideline 1: Gamble no more than 1% of household income
Don’t bet more than 1% of your household income before tax per month. For example, someone with a household income of $70,000 before tax should gamble no more than $58 per month. Recently I decided to risk only 1 percent of my gambling portfolio into each bet. This makes my bet risk free as I know that even if I lose the bet i will lose only 1% of my gambling money. Do you guys also follow a similar strategy like gambling with 1% or 2% on each game? This way not only we are safe from losing big amounts but at the same time, we never find ourselves in a situation where we go all in, in some bet and then have the fear of losing all of our money. You must have heard 1% strategy in trading, the same can be applied in gambling too and believe me, you will feel a lot more comfortable using this 1% of your money in every game. This also gives you a lot of games to play before you end up on your money as on every bet you will use 1% of your money. In case you lose all bets, you will be playing 100 games because your money is exhausted. It sounds like another dumb strategy and illusion that some gamblers like to fantasize in their heads. It doesn't change the risk involved in the bet at all, if you lose this buy in amount a hundred times because you take crappy bets, then all you are doing is dragging out your bank roll and it has zero relation to your chances of winning a profit. You are committing death by a thousand papercuts as the analogy goes. You throw around works like "risk free" and "safe" with very little understanding of what these things mean in the context of gambling. There is never anything risk free in the world of gambling your own money, as the house is always seeking to take it from you at their advantage. |
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Does anyone here have long duration bonds on their portfolio using index funds? Im talking 10+ year duration. Typically the US investor would use TLT ETF for this bet, but it can be bought in most countries. Is this a buy in your book at current prices? Some people are making big bets with 3x leveraged ETFs. Im considering a position on this as an hedge during a recession. I have my doubts that BTC will perform well on that scenario or if it will just follow the SP500 again, since I don't want to find out I would rather diversify.
This may be a decent bet, even tho you can get wrecked if long term bonds don't go down. So far the yield curve is still silly at such inverted levels, but the market seems to be ok with these rates and expects it to go lower. If they really go lower, who knows if inflation will not hit even harder eventually. All things considered, from a TA this looks like a buy, but things can always go lower. The macro aspect is hard to predict. But as with everything, if you wait for market confirmation you may miss all the best gains, but you will also protect yourself from getting wrecked if interest rates move up additionally.
PS: Im talking about index funds, not directly holding the bonds yourself.
It's only in the last year or two that I've started giving serious consideration to bonds, especially as they are such a solid investment with a guaranteed return that reduces instability in a portfolio. While you explicitly reference index funds, it was just a few weeks ago that I discovered you can buy the bonds directly in most brokerages and it could save a fair bit in unnecessary fees. If you do your basic math calculations then you're looking at 4% for a short term bond of a year, which would have been unthinkable a couple years ago when they were around half a percent. If you take the view that interest rates have leveled off and are coming back down again then now looks like the perfect time to lock down some stable income. |
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I have always advised people not to take gambling seriously but I myself became heavily addicted to live blackjack from stake.com and kept winning and losing. In this case I will not blame the gambling site because they give live cards. I started the game with just $20 but gradually I got addicted to it and wanted to gamble and win bigger amounts by depositing bigger amounts. I lost $1700 playing this way then I decided to play with a much bigger amount and recover all the losses then quit gambling for this I borrowed 270000 BDT ($2180) from the bank and deposited there. But unfortunately I lost them. Now I am financially so weak that it has become very difficult to meet my family expenses and I owe the bank $2180 which will take me a long time to pay off. Now it will take about 2 years for my financial situation to be normal again. Gambling addiction set back my normal life by 2 years. I am a victim of real experience and I am sharing my real experience with you. Don't make the same mistake I did. And never decide to gamble with a loan. If you do, your situation may be similar to mine. so beware of gambling
The fact you open with "kept winning and losing" shows you've not broken out of the gambler mentality yet. You were losing all along, it was a steady decline downwards punctuated by little morsels of your own money paid back to you. You are the definition of a problem gambler and should cut this activity out of your life entirely, because you clearly have a lack of self control and are able to concoct all sorts of mental gymnastics which led to you pouring good money after bad. Many people would not gamble at all, fewer would stick around after losing $1700 - which is a massive amount in comparison to your self proclaimed earning potential and even less would double down on that horrendous situation to make it worse. I wish you luck digging yourself out of this position, but greed is what sunk you and it's hard to have sympathy for that. |
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Although Black Friday is commonly associated with sellers offering huge discounts to customers, is this really true?
Black Friday is an excellent time to buy only what you need, not what you want. The event's psychology is to give consumers greater purchasing power and encourage unnecessary spending.
For example, a lot of individuals or bitcoin holders may sell significant amounts of their cryptocurrency during this time because they wish to purchase items that will affect their investments. Black Friday deals can affect your plan to hold bitcoins, and as an investor, you have to be careful and be disciplined enough to control yourself.
Have you purchased any item during this time?, was it a need or a want?
Did you have to use some or a significant amount of your bitcoins?
Like many things in life, the original purpose has changed and been manipulated over time. At the beginning, when this craze first took off I remember actually finding great bargains for the first few years but you had to know what you were looking to get out of it. Now it is so hard to distinguish what is a good deal, that it's not worth even bothering with this day. I saw a lot fewer people and advertisements for it this year, as people are starting to wise up to the scam it's become and maybe it'll start to die out. It came out of nowhere and I doubt many people would miss it if it were to disappear again, there are already enough consumer holidays around that retailers can use to discount goods and services. |
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It is obvious that no good thing that come easy and when you are not lucky in gambling you are not lucky and a lucky person in everything he tries might still be a lucky person on gambling because i dont see what you know you do consistently and is not favourable to you yet you are still in it, that is stupidity to a reasonable man and even if your taking it to be for funs but definitely you are spending carelessly on it and truly the mindset of a gambler is to get not to loose and on a casino game a real gambler must wisely have a plan and adhere on rules to actualize it target and rich gamblers stake high in a low game which is possible to win but does not get addicted because he analyse and strategize before staking so if it is not favourable to you does not mean is not favourable to some lucky persons and these are the mindset of rich person(mind)not of the poor person (mind).
You don't need to be rich to gamble, just having a good grip of your finances and knowing that you have some fun money set aside for any entertainment activities you choose is enough. You can treat it as no different than dropping $20 to go see a movie, or the same amount to go bowling with friends, as long as you keep it under control it's fine. Knowing that it's all based on luck, and not thinking that you have some undeniable edge or hidden strategy will also fair you well, as it will allow you to bail out without going deeper down a money pit. Just understand that the only people in a casino with a reliable plan are the managers who know how to clear out the pocket of every player who stays there long enough. |
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We are awed by so-called visionary leaders because may possess unique strengths and charisma. However, I have found that most of them have a weakness in communication, being adaptable, and in team collaboration. For example, a visionary leader Steve Jobs though he was praise for all the great stuff he did for Apple there where complaints of his intense and demanding nature. This negatively impacted the morale of his employees and lead to high turnover rates. Obviously employees would naturally seek out more collaborative and supportive work environments. My point is visionary leaders do not make great CEO. I believe the success of a company should not solely rely on the charisma and vision of one leader but should be built on a foundation of effective teamwork and inclusive decision-making. Do you support this argument?
People don't become "visionary leaders" overnight, it takes a large mix of the right ingredients and a lot of self determination to achieve this position. That's not to say that visionaries are necessarily good leaders either, there are plenty of people out there who had grand ideas and were in a position of management over people, but failed to successfully convert it into productive outcomes. However naturally people who reach the level of CEO in larger organizations will have the ability to combine a lot of successful traits together. Charisma is a key ingredient most of the time and it can often be a honed skill, as people move up from the lowest rungs in a company or move sideways after achieving success elsewhere. |
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As you've read the thread title, I'll continue the explanation here, as it cannot accommodate additional text. I've come across numerous topics and posts where gamblers express disbelief in the idea of consistently making profit through gambling. It makes me question whether these individuals are truly involved in gambling or if they're posting without the real experiences and knowledge. Personally, I firmly believe that there are people who have achieved real success in gambling. What perplexes me is why many discourage gambling as a means of making money. Instead of outright saying no, they could guide gamblers with the right strategies on how to stay disciplined, enhance skills, minimize the risk of bankruptcy, and increase the chances of winning.
If you're someone who doesn't believe anyone can be profitable in gambling, you might as well consider yourself not welcome in this thread. I'm looking for people who maintain optimism about their chances in gambling so they can share valuable insights.
Now, let's hear your opinion. In 3...2...1... go!
You sound very deceptive and misleading, besides not understanding simple math that drives the casinos to huge amounts of profits every year. I highly doubt you personally know any successful gamblers because it is such a hard skill to master. I don't see you sharing a single strategy, just living in dreamland. It is like the difference between being an amateur golfer and playing in the PGA tour - only the people near the top will ever be making enough to sustain a career, everyone else is fighting for scraps as they try to get to that top through experience and practice. People aren't sharing successful strategies, because if there is such a thing - like finding a niche in sports betting - then people will be milking it or trying to protect it from getting flooded to zero profitability. You also don't own the forum and get to tell anyone here what to do. |
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Food shortages have being a big problems in the global world today where tremedious things are happening people finds it difficult to buy food especially,rice products,climate change has devastated the whole global world where crops can no longer do well in the farming system,believe with this new information about the crypto space can our climate change system be put together where there will be high rate of food shortages in the global world as a new beginner I want to know we can fix this things I mentioned.
If you step back a bit and look at the world through a different lense, you see that some countries just produce too many people and there are not enough resources to support them. This cycle has continued for many generations and progressively gets worse. Even with leaps forward in production ability and efficiency with things like farming, it seems that the population just leaps up to and over the new found resources that are available. In some cases the government encourages it, or at least does not do enough to discourage parenthood when it may leave certain families in even more disadvantageous situations and unable to support their children. More education and contraceptive availability would be the best route, but this is often blocked by certain religious ideas, however foolish that may be. |
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You treat gambling as a place for entertainment and you enjoy every minute of it, but your family tells you to stop gambling for a week and challenges you to check other platforms for the same level of enjoyment that you experience in gambling.
So what will it be for you?
Mine is having a long ride on my motorcycle I feel it's refreshing and enjoyable, especially when I take on zigzag roads.
I'm a responsible rider and advocate of safe riding and if I'm not gambling online I love to take a long ride I have the same enjoyment doing both.
I find that there is enough free gaming out there which can keep you fully entertained without the need to spend anything at all, in the era of microtransactions - game manufacturers are increasingly interested in offering even the highest quality core gaming experiences for free in the hope you will pay for "cool" looking skins or weapons. If you can refrain getting sucked into the "pay to play" model, it's very possible to grind and earn comparable top tier loot for free in many cases., they're just hoping people take shortcuts or are happy wasting large amounts on virtual show offs. I'd much rather spend time exercising, cooking or doing jobs around the house than losing money to casinos. |
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we know the economy is bad when gas prices have already gone up and all the rest of the stuff we usually buy in the grocery store is up 15%. and because your salary is just what it was the last 2 years, your situation is just as bad as the rest of us. we are in a recession. one reason more economists wanna be think we are in a recession is because we hear it on the news too.
but here are indicators to confirm we really are in an economic downturn.
1. butter popcorn index - people go to movies regardless of how bad the movie is. they just go see movies to just get away from their problems. but when the economy is bad, just sit and watch netflix.
2. diaper rash - parents wouldn't mind if their kid's diapers are already full during an economic crisis and are not neglectful when it comes to the diaper turning yellow during an economic upturn.
3. plastic surgery index - plastic surgery index is generally down during rough times as women wouldn't mind how small their boobs are than when the economy is booming.
4. lipstick index - women wouldn't spend much on expensive lipsticks so sales are gonna be bad for lipsticks compared to the times when economy is great.
5. japanese haircut index - during a good economy, more people in japan will take care of themselves and get their looks neat and they're not doing this during bad times. women don't go to beauty parlors.
6. bike fatality index - during an economic crisis, people use bikes often or can't afford cars so more bike accidents happen.
7. men underwear index - men especially singles don't mind wearing underwear with a couple of holes in it, no one sees it anyway. men buy less underwear during economic downturns.
8. garbage index - less garbage because people buy less when the economy is bad and buy more when times are good so more garbage everywhere.
9. unclaimed body index - during a bad economy, dead people are not claimed in the morgue. horrible index to look at how bad the economy is.
i'm sure people take care of their family when they die. can't believe this is happening.
i'm sure there are some more, there is also a "beer index" where people prefer to just buy 6 packs and go drink at home rather than a bar.
a few months ago, i bought my kid a secondhand laptop rather than a new one because it's expensive, i think this is also an indicator. and i know he'd break it sooner.
These are the sort of things you'll see in the book "freakonomics" which is a fascinating insight into these sort of abstract and unexpected indicators. However the way you're framing some of these is a bit misleading, take the diaper example - I think the majority of parents want what is best for their children and try to provide for them as much as possible, so it's probably the fact that they simply cannot afford expensive diapers during downturns rather than treating their children badly - of course they mind. However these historical indicators are often hard to judge and we only see them long after the recession has set in, plus they can be hard to differentiate between ever changing consumer habits. |
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Reading another post, it crossed my mind that AIs and particularly ChatGPT could potentially be trained with a large samples of games played by poker champions and then put it to auto-play with amateur on-line players. If this is successful, it could mean the end of human on-line poker playing except perhaps for the world masters and the like. Has anyone tried? Would it be possible??
What is worth bearing in mind is that, while creative minds might find a way to extract a useful strategy out of AI like ChatGPT and apply it to gambling, successful players are heavily monitored by such sites and they will find a way to shut down something that is costing them money. They will also be taking great efforts to apply ChatGPT and similar to boost their own defenses, where they have teams that are set up to constantly improve their profitability and look for any weaknesses in their odds calculations. They stand to lose a lot of money if their data analysis and odds prediction is wrong, so they are willing to spend a lot of money - more than any individual is likely to invest - in beating that curve. |
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I find myself pretty bothered by everything going on in the world. Have you ever noticed how it's so hard to come across positive news about the economy, whether it's in our own country or globally? It's genuinely disheartening. Every time we read, watch, or discuss something related to the economy, it's all about inflation, recession, debt, bankruptcy, companies downsizing, laying off hundreds of workers, shareholders firing CEOs, and the company's stock taking a nosedive. Can't we just catch a break and have some good economic news for once?
What I've generally found is that some people can get sucked into a perpetual news cycle, which is often slightly more weighted to bad news than it is to good news. This can lead to a distorted and ever growing unbalanced intake of information, that can put you in a sort of pessimistic mood and you can project that mentality on to all things in your life. However there is plenty of good things happening each and every day, which maybe don't get the same level of coverage. Current events can often also be shocking, imagine an earthquake somewhere - that's huge news if a big city is devastated and that can lead to a lot of upheaval to those affected, but smaller news stories will get drowned out of coverage during such a time period. One suggestion: Read less news, as it is a business after all and most of these organizations are hunting a profit. |
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I have heard and read about people gambling because they had no source of income, a job or they wanted to add gambling as part of their streams of income. Whatever your category the bottom line is that we all gamble to make money though some group claim it's mainly for fun. But who would want to be losing money all in the idea of catching fun!
There are gamblers that don't place their bet not until they have gotten a certain amount as their potential win. Some do this based on their financial challenge with the anticipation that just one win they may get on such amount is a life changer for them.
My main focus on this thread is in this question: as a gambler do you place your bet according to the weight of your financial need or you're always okay with whatever amount that comes out as potential win no matter how small amount?
Most gamblers, at least those who do it regularly and possibly have a problem, will not have any sort of limit built in to their winning upside and often take all their winnings to plow it straight back in. You're trying to frame this as an activity where most people have control and are taking calculated risks, but often they are simply guessing and finding enjoyment from the buzz or habitual nature of the activity. I have not come across many gamblers, but the ones I've seen often look a bit robotic - like they are trapped in a nasty cycle of self abuse and look fairly miserable (when thinking about people sat around in slot machine arcades). That makes me think there is zero strategy involved and even if they did have a big win, it would probably not even outweigh all the money they had poured into it up to that point. |
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I hate wars. I hate conflicts. Both they are almost unavailable. Wars and conflicts disrupts lives. It kills people - men, women, babies. Businesses are shot down. Schools are shot down. Boys become father's and look after their moms and siblings because their father has gone to war. Daughters become mothers and have to care for their siblings because they lose their mothers to war. Children with perfectly normal lives become refugees
Wars and conflicts doesn't give you the time to plan. It happens fast and it happens suddenly. It comes with a huge economic cost. And for us in the cryptocurrency, we are not exempted too. If you are a miner, your mining operation is affected because if you are caught up in the conflict, you have to abandon it and flee so that you do not get killed.
I am deeply saddened by these wars. I am not taking sides because there are human causalities in both sides.
- do you have any survival tips during war period?
- are there any business that I can do during a period of war so as to sustain my family? Can I still budget, save and earn in Bitcoin?
- What is the economic impacts on individuals with families and how do I sustain them during war period.
Very few people here, unless they live in a conflict zone, will have any appreciation or useful tips for "survival" during a period of war. War is also not the same, there are all sorts of varieties - two equal peer countries engaged in combat will suffer much more equally than a rebel insurgency trying to overthrow an established government. Business is also dynamic and it's impossible to say what would be good or bad, plus you may not want to be seen as profiteering during these time periods when people are literally dying to defend your freedom - the government might seize any businesses it perceives are too greedy for the war effort. Again, the economic impacts will vary too widely, a country in Africa might have different priorities - just getting water for example - than a country like Ukraine that is still trying to prosper. |
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Hi all!
Ive noticed recently that more and more crypto sites are requesting KYC, and more and more restricted jurisdictions are being added to said sites Ts and Cs. This is a problem for a lot of people on this forum who like to gamble anonymously, and, perhaps use sites that are "blocked" in their home countries.
My question then is, which are the best countries that can access these sites without issues, and pass all KYC checks? I'd love to hear your opinions!
You're conflating the requirement of asking for KYC documentation with whether that is a good country to live in, which is a bit silly. It's irrelevant where you live when it comes to KYC, as it is the legal requirement of the business to collect this detail because the financial regulator of their country wants it for financial record keeping and to stop crime. You could live in the most open country in the world and if you try to play a site that has these limitations the laws of your country mean very little. Not only that, KYC is often the only mechanism that gambling sites can use to genuinely identify multiple account abuse - they often put very generous welcome offers out there for new users but that is all calculated for genuine users and not abusers who are otherwise unidentifiable. |
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