You're saying you grabbed a 7 BTC profit off that? That's ridiculous! Where did you wager for the bet?

Personal experience:

DirectBet: B-
[my experience with them has been slightly more than satisfactory, nothing super impressive thus far yet though]

Sportsbet.io: C+ (they were slow on some of my games)
[i have to grade them lower because the website is a little awkward for navigation and past events are pretty much impossible to find]

Crypto-Games.net username: actmyname
Wagered amount prediction: 925 BTC

(Not sure if I signed up under your referral originally or not, actually)

Oof, it was so close! Just two points away from victory. Yeah.

Unfortunately, there isn't too much of an advantage of doing this rather than those three bets independent upon each other if you're not looking for high risk [or to continuously wager until the end]

(Though if you are then it is the reason why Parlay exists)

Because of this, (I don't like to go completely all-in consecutively) I choose to play it safe without using the system.

Having a desktop wallet beats all online wallets in terms of security. You should be trusted with your own money - don't let other companies control your funds.

Dice is overused. I wouldn't say that it's overrated for there are reasons of why it's useful. It is easy to use, and simple. Its house edge (much like many other online gambling games) is usually low and you can choose a payout extremely easily.

It seems pretty foolish expecting that the halving will have a dramatic effect on the price. Currently, the majority of people seem to believe that the price of bitcoins will double (though, from what point, really?)

If people are expecting that it will rise to 900+, I highly doubt it [though it could happen of course].

What you say is likely to occur: the market will probably decline if the majority still holds the belief that the halving creates an increase in price. It won't go up purely based on the hopes of the community!

Having a source of income allows one to invest in bitcoins. Many people are in a first-world country but seemingly have trouble getting bitcoins. This is because they want to get it for "free", without paying "real" money [fiat money] to exchange for bitcoins. Well, too bad.

It's impossible to predict outcomes, after all. Though unlikely, I would expect that there could be some small chance of a global spread with Bitcoin. We're not talking about a few months. No, this is more than half a decade worth of time. There could be some possibility of a grand leap, where many big-shot investors decide to be involved in bitcoin, rocketing up the price. This would provide both an increase in value and attention worldwide, and could potentially offer many people support via the decentralized currency, easy mobility, and pseudo-anonymity.

Not to mention, some countries have high inflation rates and are in bad states, and thus one could see bitcoin as a refuge.

I've already talked about this on another thread - I'll quote it here.


But let me continue.

Many would deny the fact that they are addicted to gambling even though they truly are. Why? Denial allows for more excuses to gamble in the first place.
"I'm gambling for fun".
"It's not about the money."

Despite it all, both of those phrases ARE true. The dopamine levels in your system increase, of course, when you are gambling purely for the thrill. Normally, people initially enter the hobby of gambling for the money, but slowly, they start coming back not for money but for the enjoyment of the game itself.

Rationalize.

Also, several experiments were done in relation to gambling.

Check out this: https://en.wikipedia.org/wiki/Iowa_gambling_task

You need to taste both victory and loss to be truly lured into the addiction of gambling. Why is this? Because you know that you're beating the odds. That you've conquered. Every time you strike a large win, no matter how many or how much you have lost beforehand, you are excited. Why? Because you're addicted to the thrill of the jackpot effect.

You're addicted not to the gaining of money. Otherwise, you'd simply not gamble and know that you're gaining money this way. You're addicted to the thrill of the gamble.

It seems too risky for me to dump right now. Even though I highly suspect that this is a bubble, I still don't want to risk the chance of missing out on even higher profits. Such is the problem with emotions and commitment.

You may have better luck investing in a casino (for the odds are in your favor) but it depends on the variance, really. There's still about the same chance (plus the house edge of course) to lose your money as if you were gambling for real. However, what's really scary is if you own a significant portion of the total investments. Your investment is impacted almost directly and you could lose a huge amount.

Gambling addicts are addicted more to the thrill than the money. You can try to deny this all you want, but once you've been hooked, you'll continue on no matter your bankroll unless an external force acts on you [oh, first law of motion!]

Let's suppose that you suddenly received a million dollars and you're a gambler. Let's suppose that your goal was to reach a million dollars through gambling. Okay, you're there. But why does it feel unfulfilling? You want more. Greed drives you senselessly, or so you think. The real allure to gambling is the thrill. Without any loss, there is no more intensity.

Essentially, you're addicted to... losing.

I'm glad to see that this feature is finally here! Now it's quite refreshing to see when you decide to wager and get a tile that's covered in reds.

I'd like to see some chat notification if anybody manages to uncover all the tiles. That would be cool (sort of like Dust Lottery's chat notifications).

Crying can be a stress-reliever, but that's not necessarily a good thing if you want to learn your lesson. Crying avoids the fact that the decision was made. When OP decided to go all-in on 95% win rate, they should have anticipated losing. If you're prepared to lose, then there isn't a problem. Why would you be sad when your predicted outcome came true? Don't play with anything you want to keep in the first place. A lot of people fail to understand this and tunnel vision to see only the victories and disregard losses.

Luck...
"success or failure apparently brought by chance rather than through one's own actions."

Thus, the very first time you profit from any scenario that involves gambling means that you were lucky. You won despite the odds, no matter how much they were in or out of your favor.

And then... we'll be in the dump! The duuuump!

The only "guarantee" you have for when you loan to other people is if they give you some form of collateral that you are able to sell later on (in the event that they default) and usually scams only result when they DON'T provide collateral, or at least when they provide crappy collateral (shitcoins, online accounts, etc.)

Difficult to trust? More like you wouldn't trust them at all. But, in certain scenarios, you can turn a pretty penny by getting in quickly. Though I don't recommend this because some sites may scam right away, there are some occasions where you can get a couple bucks from ponzis. I'd say that it's similar to conventional gambling.