It's actually a grey area. There are some gaps in the law which "allow" people from the country to gamble virtually without breaking the rules of the country, however the casino must be registered in a foreigner country, then it configures an international activity. It's like I'm not gambling in my country's territory, since the casino is based elsewhere, so I'm not going against the local laws. The cons is that, since it's an international activity, profits are taxed based on international income, what means the tributes are really expensive for gamblers in profit, just like when using international exchanges to deal with cryptocurrencies.

That is the current state of the regulation, although these things keep being updated and alterated frequently by the legislative house, especially when the subject is under heavy hype by the media and society, what is the case of gambling nowadays with several online casinos going on, and its majoritary sponsorship over soccer national industry. I believe the government is still doubtful on what to do next, that is, what alternative of regulation is going to be more profitable for them, while avoiding criticisms from the society.

And how such sophisticated AIs could lead gamblers into profit? The maximum they can do is to predict the most likely outcome based on statistical previous data, like after ten reds in a row, the AI will predict the next one is going to be black, because it's the scenario with more chances to happen. However, we have already seen long loss streaks which went beyond 16 and even 20 rounds.

I believe when asking for advice from AIs, it will be like asking for right answers for multiple choice questions to Chat GPT. It replies wrongly quite frequently, and once you correct the AI, it just apologizes and changes its mind immediately to corroborate with your assertion, even if you are also wrong about it. There is zero accuracy, so we have to be very careful when taking into consideration what these AIs tell us, especially when there is money involved.

Nothing unusual with that. Women are no different than men on this matter. They are citizens with the same rights and duties, therefore gambling will be disponible for them, just like it's for men.

I see them as lucky individuals who belong to the slight percentage of total gamblers who achieved profit and a career through this activity, or as charlatans who built fake reputations by using their influence to lie to people about their personal experiences with gambling and to deceive people on what they can expect from gambling. It really depends on each notorious gambler, individually.

I felt bad when treating gambling as investment, because that way I put a burden over my shoulders that I must have made profit from it in order to hit determined financial results. As consequence, I didn't, so I felt really sad about it, but at same time I learned I shouldn't gamble with that purpose in mind anymore, neither chase losses, because it would in fact bring me further losses. If you want to play, do this for fun, or don't do it at all...

If you are able to profit from gambling at some point, a good idea is to invest the profit in order to generate more money in a relatively safe way, without involving the random risks gambling exposes us to. Don't spend all your money with clothes, accessories, dinners, fancy items, because you won't have an income to maintain your luxurious lifestyle later, anyway.

I don't lend money to gamblers. I don't borrow money to gamble. Doesn't matter how secure I'm regards a match result, I would never take a loan in order to place a bet on it.

Limits are a must for every gamblers. That is the most essential rule of gambling: just risk money you can afford to lose. If you don't follow this basic guideline, you are busted.

Yes, especially because gambling is an activity mainly for rich people, since they are the ones who can afford to lose money.

Bitcoin is slowly losing its support levels along the recent days. From 73,000$ ATH to 69,000$ support level, then dropped to 68,000$, 67,000$, 66,000$, 65,000$ and it's now at 64,000$, recovering already, nearly breaking the 68,000$ line, although it's still early to say, because Bitcoin can still suffer a new setback to 63,000$ support, what would confirm the downside tendency and loss of strength to keep pushing the price further.

However, if support level is raised once again, it can work as a powerful boost for Bitcoin consolidating its price above the 70,000$ line in the following days. Bitcoin is in a stage nobody trusts anyone. Price can fall, but also skyrocket at anytime, so everyone is being very careful with their next moves in crypto market, because one mistake can be fatal, and compromise the potential profits they can make on this bull run.

The way it's being posted here, it really looks like US is a chaotic nation in a state of civil war where people are murdering each other on the streets indiscriminately. However, news posted here are too little when compared to the total number of citizens of the country. Moreover, murders are happening everywhere in the world all day long. In fact, USA ranks only 76º in the spreadsheet of "homicide rate (per 100k people)". Top 1 is El Salvador, followed by Jamaica and Lesotho.

Of course, mass shootings and murders are unacceptable, shouldn't exist at all and its practice must be heavily fought back by every socities. The point is that there are nations much more dangerous to live than USA, which usually the media doesn't talk about, because it's more interesting to focus in USA, since there is an anti-gun agenda to push forward. There is also another detail to pay attention to regards tyranical countries where informations aren't clear, legit and open, so it's hard to measure their real numbers for real.

https://www.datapandas.org/ranking/murder-rate-by-country

Well, haven't you already replied your own question in your post?

Therefore, they can offer better rates than traditional banks... That is the most reasonable hypothesis for that question.

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As you have already mentioned, they offer higher interest rates. That is one of the pros. Furthermore, I also prefer digital banks because they are practical and accessible for me. The one I use has a very complete app's platform, where I have access to every features, including several categories of investments, varying from saving account to international stocks' market, and of course, cryptocurrencies.

On the other hand, there are also cons. First and foremost it's the difficult to talk to support in real time, anytime you want. You have to wait several hours to get replied sometimes... Meanwhile, through a physical agency, you could just call the manager and talk to him directly. Another cons is when investing in cryptocurrencies, as you can't cashout your coins and tokens from the bank to a private and personal wallet, as they are mandatorily held in custody, similar to an ETF.

A bird in the hand is worth five in the bush... 1BTC is already a pretty decent sum of money, so I see no reason to be greedy at a point of risking not receiving a single Bitcoin in order to persue an hypothetical 5BTC which may never come into your hands. 1 Bitcoin can be already a life changer for you and a good tool to start raising your finances. You can simply hold it in your wallet, or you can sell it and invest the money to generate passive or active income from it.

Of course it would be great to receive 5 Bitcoins at once, but considering the risks involved and the fact that we are also talking about 1 Bitcoin for free, without any risks and efforts from your side, I think it's wiser to go for the "safest bet", which in this case comes without any dangers and requirements to be completed by you in counterpart. In every cases, if you are a smart, patient, responsible and dedicated investor, I'm sure you can turn that single Bitcoin into 5 Bitcoins or even more futurely, as you keep working and managing it.

Your experience just corroborates with the nature of gambling games, which have their results based on randomness, what demands from the gambler to be heavily luck in order to win, while putting skills and analysis in second plan, as a secondary factor to influence gambling's outcomes. It will be always intriguing, though, the fact that when gamblers are secure and assured of their bets they end losing, although when they just place a bet out of nowhere like you did, they might end winning. Although we know that is how gambling works for real, we still get astonished when facing results from our bets.

It's like we can't accept to be always one step behind gambling outcomes. It bothers human beings to not be able to draw how the future is going to be like. It annoys us to not be able to control and command our fate and the events' consequences in front of us. And that is what motivates humans to keep trying to overcome the gambling house, in an eternal and futile attempt to make long term profit and turn gambling into a source of income for their lives.

Sometimes people don't have enough money to save and invest at same time. They have to choose one or another. If they focus only on emergencies, they won't be able to thrive financially, because all their money will be destined to this sector. So, they have to risk not saving and putting all their money into investments, expecting them to bear fruits in the future, which may come in the short or long term. It's not an easy decision, but I'm in favour of this, since it would be a very harsh, monotonous life to only think about emergencies while neglecting the possibility of achieving a more wealthy life quality in the future.

Personally, I prefer to die trying, than live an entire life without achieving anything. If I face an emergency without any saved money for it, I will die resigned, because I will be conscious to be persuing something better for me and people around, even though I failed in the middle of the process, for something which was beyond my control. On the other hand, if I lived an entire life remedying emergencies, without reaching anywhere, I would feel completely frustrated for not leaving the comfort zone and not taking risks for something better in life.

Here we call them "raspadinhas". I remember playing these scratch tickets when I was a child, when my parents bought it and gave it to me to scratch off. Just like you, it was possible to hit the minimum prizes quite often. Converting to current rates, let's say each ticket priced 0,20$, so it was common to earn at least 0,10$ or 0,20$ after scratching off. I think the maximum I've earned from it was 1$, but that was something which hardly happened.

The scratch tickets were designed this way to keep the gambler fascinated about the results, since he is able to get something from it quite often. However, the chances are still against him on long run. Even though we are able to recover the ticket's price by scratching it, at some point you will still get some tickets without any prize on them. So you will be slowly accumulating losses on long run. The big prizes such as hundreds of dollars, cars, houses and monthly wages (usually offered for a year time period) come once in a million...

About brands, I don't remember about it anymore. It was a long time ago and I lost interest on such games since then. And I think there wasn't a fixed brand. It seems it has been constantly changing along the time.

It depends on the match we are talking about. If I'm a specialist in determined teams, players and competitions I can decide predictions by myself, although it's always good to check what other people are talking about it, so we can conclude if there are any important details we are missing or not paying attention to in order to place our bets.

On the other hand, if I have no clue about the sport and its elements, I think it's advisable to ask to who really know about it before betting. Maybe you have a friend or someone close to you who is more skilled in that specific tournament, club or athlete, so why not ask for an advice from him aiming to increase your winning chances? We can't know everything by ourselves. We have to be humble to know our limits and to learn from the experience and knowledge from other people.

At same time, I'm totally against blindly trusting random sites or people on the internet, because as we know, this realm is full of scammers and thieves trying to take advantage of each other for profit. If you are going to follow someone else's predictions, make sure you are taking it from a trusted and reliable source.

Well, I've already paid lots of stuff with the money I made from gambling, such as bills, meals and gifts, however, the story doesn't end there with a happy ending... The more you play, closer you get to the feared long term where most gamblers lose money. Inevitably at some point, I lost a huge sum of money, which was much superior in value than the price of the goods I paid for along the gambling journey. Moral of the story is that if you are doing this for the money, you aren't going to achieve a happy ending, because the losses will surpass the profit made at some point.

It doesn't work like an investment, neither it's profitable for the average gambler. Since you got advantage of gambling so far by acquiring the guitar you were looking for, consider it a victory, as you are still in profit. Be responsible, avoid greediness and don't keep trying to repeat the dosage like I did, especially with high sums of money. Respect your personal financial limits and always focus on thriving financially through another means which don't involve gambling risks.

I guess the politician who proposed this bill is against gambling legalization, right? But to forbid gambling at once would be unlikely, so he has to censor it step by step until reaching the final goal of completely forbidding gambling in your country. This time he wants to cease any kind of gambling publications, but let's say the bill passes, so it's possible he will come with something else, restricting the activity more and more each new bill he proposes.

However, it's just a pending bill, like many others you have in your country. Many of those bills are ridiculous, contradictory and will never get passed by the legislative house. Anyway, I wouldn't worry too much about it, because if gambling is legal in your country, it doesn't make sense people are going to be forbidden from talking about it on the internet... It doesn't make any sense.

There is also a chance this politician is just wanting to get some attention from the media and from the public who is against gambling in your country, because his bill is really weak, pointless and incongruous with the reality of the country.

There are many good investments alternatives for gamblers when choosing where to put the prize they made from betting. Diversification would be a good strategy, especially if we are talking about a big jackpot reward, which can be considered a life changer. Portions of money can be splitted between Bitcoin, altcoins, real estate, assets, stocks... I believe all of these categories of investments are sustainable, and if one of them is doing badly for a while, the investor will still have all the other investments working for him and generating passive income.

Gambling is never an investment, unless you are investing in the casino's bankroll. Gambling with profits is just a smart way to keep your gambling routine sustainable, without harming your finances and losing patrimony on long run. It means you are risking money you can afford to lose, as you know the profit you are using to gamble will be replenished on the next month through your investments.

You have to stop playing in both situations. When you lose the sum of money you destined to gambling, you have to stop, because it means you have already lost the sum of money you could afford to lose. The opposite is also true, because when you win it's wise to cashout your prize to enjoy it, instead of spending everything in further gambling bets, which may take you into losing all your money, therefore, making your winning pointless, since you returned to nothing after all.

Some gamblers consider they should stop only when losing, and that is a big mistake, because it prevents them from having a good time using the money they profit from gambling. It would be a smart idea to use the profit made from gambling for investments purposes, so they could grow it into considerable sums of money, which can give them access to extra passive income every month. So, part of this income can be used by them to try their luck on gambling games in a sustainable and recurrent basis, without prejudicing their finances on long run.

It shows the business has the money, but it doesn't totally ensure the platform is trustful, as a replenished wallet can be used just as a bait to encourage gamblers into believing the service is legit, although their real intentions might be to scam gamblers at some point. In my opinion, to publish a bankroll doesn't mean anything. Scammers can have wallets full of money and still scam people. It takes more than a proof of funds to consolidate a business as a genuine and reputable one.

At same time, big platforms which move huge money in a daily basis might not feel comfortable sharing their numbers publicly for different reasons, which vary from triggering hackers attention to triggering criticisms from internet users, although they are still much more reputable than some random casinos publishing their bankroll sizes on the internet.

I've already thought about gambling all my money in a 90% winning chance dice round, but never executed the plan for real. I think the possibility of losing everything at once like that would be devastating not only financially, but also emotionally. Just imagine, all the money you took years or even decades to acquire and accumulate gone at once in a single click. That is the perfect disaster recipe to go insane. Despite having 90% winning chance, it's still a risky deal, because the chance of losing is always present. Even if it was just 1% losing chance I think it wouldn't worth the risk involved!

These dusts of satoshis or cents look worthless for most people here, but for third world countries' citizens they may worth something in the end of the day, especially if they could claim from many different websites simultaneously in a daily basis. PTC sites were popular before Bitcoin faucets, but lost popularity due to the huge number of scams (sadly, even on this niche there are many scammers who cheat people for pennies of dollar).

There was also a feature offered by PTC sites which must have made the difference for many users: the possibility of renting referrals, and growing the income made from the platforms exponentially on long run. I never got if it was legit or even possible, because the referrals I rented weren't active to proportionate a solid profitability to my account, but I remember many people were hopeful that could work as a powerful passive income source. The feature was interesting, because you didn't have to direct refer people to the website, rather you just had to rent the ones who signed up on it without a referral link.

He should support and cheer for his team, despite the scenario looking favourable or not, but not bet on it if it's obvious the club is going to lose the match. That is pointless and display fanaticism...

No, I would never act like this guy. If I'm going to place a bet it's because I'm trying to predict the correct outcome of the match, therefore I have to analyze it without letting my personal passions and emotions speak louder than logics and reason. Probably what I would do is to never bet against the team I'm a fan, so in every matches I spotted my team as the weakest one, I would just not take part in bets for that game in particular.

Anyway, I don't have to blindly lose money in bets in order to prove or show everyone around how much I love that club in specific. Instead of losing money like that, your friend could support his team by purchasing official items from the club or even participating on events promoted by them. That would be much more worthful in my opinion, especially because the more money the club has, higher quality players they are going to be able to hire.

First of all, it's not an investment. Moreover, it's not a kind of job you have to ask yourself if the time spent on it will be worthful or not from the profitability point of view. Gambling is solely gambling, a game of luck and risks where you can make fast money in large proportions or lose everything in a blink of an eye. Are you sure you know what you should expect from gambling and what you can realistically expect from this activity?

If gambling worth or not for you, it depends on what your current goal is. I would say if you are trying to thrive financially you shouldn't waste your time and money on it, because the chances are against you, and it's likely you are going to lose money, reaching nowhere with your money. However, if you are just looking for entertainment while having a slight chance of hitting a jackpot, then go for it.