~snip~
Why you use child as an example if we talk about +18 ? The difference in understanding the world between 18 and 20 is little. There are people who are, lets say +30, and still are naive and believe in Santa Claus. For us, adults, 18 year old person is still a child, but in most countries that person is allowed to drink, smoke and gamble. And are you a chemistry teacher to talk about chemicals in the brain? Never heard about that. What chemicals are created during gambling? Suppose you are talking about dopamine, an organic chemical that we get when we get joy and expect rewards. But persons brain produce that during entire life.
You said that age is just a number. It isn't. Kids have a developing brain which is different to a developed one. Sure, if you compare 18 to 20 years old, their brain is similar. It's well known that gambling produces chemicals in the brain. Here's some background about it: Dopamine, a so-called neurotransmitter which helps nerve cells to communicate, is also known to be an important chemical in the brain’s reward system. One study also found that problem gamblers showed significantly higher levels of excitement when dopamine was released in their brains compared to healthy people. Yeah, you're spot on. Dopamine is partly the reason why people get addicted to things. |
|
|
|
~snip~
Yes, self-control is really necessary when playing gambling so that we don't forget how long we can gamble and can also control the use of money. We cannot use much money to gamble, especially if we have a family with many needs that we must fulfill.
And we should not trust those who consider themselves experts in predicting matches, especially if they are people we don't know. Maybe we can use the predictions as additional data to find more clues in choosing the team. That will help us have more data so that our knowledge can increase.
Yeah, that's one of the key things you need to have if you want to build a better life. Sacrifice the present for a better future. If you only gamble everything today, you will probably have a bad future. But if you invest wisely today, you might have a great future. |
|
|
|
~snip~
Absolutely, there isn't any need to gamble high any more as you are winning, it's a wise opportunity that the OP would take as the little money he's staking is returning in 2 times fold.
These are what greediness will cause as a gambler who is planning to win big money. So this says it is not easy to just keep on staking with low money and also winning small money. But it's a good idea to continue staking low and winning low as you are not on the losing position, seriously greediness will not allow a gambler to always staking low ajd winning low because he or she would like to win big money.
Yeah, that's what most people want. They want to basically have all their winnings when they bet a lot, and only lose when they bet a little. The thing is that it is impossible to know when you're going to win. You can know that on average you are going to lose gambling though, but not many people want to know that. |
|
|
|
Retirement should be taken with all seriousness at least if you are a government worker, because at that point, you can concentrate on building your own life and goals to accomplish something good for yourself at the old age time.
Bitcoin happens to be the best retirement decision for anyone since it doesn't require so much to maintain, and just by holding Bitcoin in your wallet you save yourself from a lot of pressure in the long run since inflation and taxation won't eat so much from it.
If you're planning to retire early I would still invest in other financial instruments, because BItcoin can go up and down in the short term. The worst thing to do is to have to sell your precious coins when they are down in value. Bitcoin is great for the long term though. |
|
|
|
We had here already topic about adults and underaged gamblers. The main ideas were that people who are younger than 18 are less responsible. And even +18 or +21 can be smarter, more experienced, more matured than 40+ newbie that tried casino for first time and has lived whole life with parents. Long story short, there is no single and correct answer. Sometimes +18 are more adults and ready for independent life than most of grown ups. Sometimes «supposed to be smart, experienced» adults do reckless things and bets. Age is only a number.
Age is more than a number though, up to 18 years old your brain is still developing and some activities affect you very differently than doing them after 18. Drinking alcohol for example, is not really great while a child is developing and can cause bad consequences, whereas a 20 year old drinking alcohol will be mostly fine in comparison. Same with gambling, the chemicals that gambling create in your brain are transforming to a child. That's why it's a bad idea to let kids gamble. |
|
|
|
~snip~
Well, this may work for him as he is saving 500 euros every month from his salary and converting to bitcoin. This is a good amount and for sure he can have an early retirement but most of us cannot put that much money into investment in Bitcoin on a monthly basis. The secret here is that if you have more money for bitcoin investment, you will get more profit and hence you can plan this early retirement. Otherwise, with less investment, it will still be good but the money won't be enough to feed you for many years.
The key thing is that anyone can start saving in Bitcoin. If you simply put aside an amount you won't need, and get Bitcoin with it, you will probably end up in a better situation in the future. I think the key thing here is that Bitcoin has made investing mainstream. Now anyone can invest by buying Bitcoin, whereas in the past investment was usually seen as a more complex and expensive thing. This has led also to plenty of apps and companies that offer micro-investments these days, but those didn't exist pre-Bitcoin (I think). |
|
|
|
Guys, do you often feel like me? when I raise the bet I lose and when I lower the bet I win. Does the casino system/algorithm know the betting patterns we make? So often when we bet big we are given a loss and when our bet is small we actually win, which is very annoying
I don't know if this applies to all games or not, but I feel like this often when playing table games. What do you think?
I think it's all in your mind. If that was true, you could simply bet a small amount multiple times, and you would end up rich. The reality is that the brain gives more negative value to losing than the positive value it does to winning. So, even if you win and lose the same amounts, your brain will think you lost more. |
|
|
|
Does gambling needs experience or anyone +18, even the inexperienced one can also play? Though playing gamble has a limited age grade or age bracket and the accepted is from +18 years and there are some casinos hall at the door post, it is written clearly that it is only people of +18 can play. But what about the inexperienced ones, are they allowed to play gamble as well? Or they are also restricted to have the fun? In my observation, there are two elements to participate in gambling. One, you must above 18 years in my country and secondly you must have an experience to play, so I want to know if inexperienced people can also play gamble.
It depends on the country you live in. In some countries gambling is banned for everyone. Think of gambling as alcohol. You probably want to try it when older, if at all. You can have fun with it, but it can consume you. |
|
|
|
~snip~
So experts only use their expertise to make money so they can gamble for free, but actually, their expertise cannot prevent them from experiencing defeat at all, but because many people or they themselves have declared themselves to be experts, the defeat they experience will be considered normal, very different if the person experiencing it is a newbie.
If we have to spend money to be able to follow the expert, I think that is not an interesting action at all because before gambling we have already lost because of the cost of being able to get information from the expert, even though the opportunity for the bet to lose is still wide open, so following the expert's bet can be profitable, but if we have to pay then we should think again because it means our gambling costs double while the chances of winning and losing remain the same percentage.
Yeah, but what does an expert have to win by providing his strategy to others? There's pretty much only downside in doing that, they could potentially earn less, etc. The key thing is that their fee charging strategy makes the whole difference. It turns their money losing strategy into a money making one by adding their fees on top. Of course, the ones paying for it end up in a double whammy of costs. |
|
|
|
~snip~
Those who gamble without having issues of addiction as you explained are the people who understand the concept of gambling and have the maturity to accept the facts about it. This gives them the ability to play the rules of gambling profitably.
About genetic predisposition, the case is arrear but it is possible due to genetic emotions which can be triggered by gambling stress
I think it's simply a genetic variation that occurs in some amount of people, I think it was somewhere around 15% or so, basically not a lot but also not nothing. You can check if you have that if you find it hard to stop drinking after you started drinking a couple of glasses of alcohol. Since the feel-good chemicals apply mostly when your blood-alcohol level is increasing, you need to keep drinking to feel like that. Most people can stop, and feel OK, those people find it hard to do so. Similar things might apply in gambling addictions. |
|
|
|
~snip~
There are different sets of workers we have in society: those who take their work very seriously and do it with passion, and those who are just there for the pay and are not deriving joy from the work. They always end up doing other things whenever they are left unsupervised. Most of this set of workers are those who work in government sectors.
Anyone who cherishes their job and focuses on how to bring maximum productivity to the industry will focus on improving the organisation and not on things that will drag it back. Only those who are not concerned with organisational goals can gamble in their work place, and such people can always end up bringing setbacks to the organisation.
I would say there are way more types of people/jobs. In some cases you just need to provide a service, and it doesn't really matter if you hate it or love it. Think about the person that has to work to provide you with energy at home. Do you care about how he feels about his job?, probably not. You only want your electricity to be on. Other jobs are of course different, like your doctor, etc, where you actually care about the person doing the job. And in some cases the personal connection means more than how well they are able to do the job. Life is complex, that's partly why it's so interesting. |
|
|
|
the BTC stack in orange always keeps going up, making it a personal ATH for him every time. That's not what an All Time High means. It's DCA (Dollar Cost Averaging): buying a fixed amount into an investment on regular moments. Yeah, ATH is basically the highest fiat value of Bitcoin at all times. I'm just mentioning here the fact that this person never has sold BTC, which means that every time he buys 500 euros worth of Bitcoin to add to their stack, their personal maximum amount of Bitcoin they have ever held continues to increase into a new maximum. It's simply using the phrase All Time High in another context, like a personal best. |
|
|
|
~snip~
It is always a great idea to save for the future and Bitcoin has shown over time that it is one of the best investments for retirement plans. I have no plan to retire early because it will be very boring or uneventful. I keep wondering what people who retire early will be doing with the long productive year that is ahead of them. I plan to keep contributing to society for a long time because there is still much work to be done. But Bitcoin for me is a lifetime investment because I would like to always own Bitcoin. If I have the opportunity I will not just plan to retire with my Bitcoin earnings but it will also be part of what I would like to transfer to my children.
I think people use the word "retire" in different ways. For me at least it means having the option to do whatever you want, which usually would include working, just probably not for the type of organization that pays enough to cover living expenses. I would be so happy contributing way more to open source projects, and creating interesting things that don't necessarily need to have a positive business plan. Most people in this forum would probably never really "retire" in the sense of stop working. I see retiring as a way to use my skills in interesting projects, independent of the pay, which might or might not be there. |
|
|
|
The other day I've found this interesting blog about someone in Europe planning to retire early by converting a fixed amount of their monthly salary into Bitcoin. He started doing this in the bull market of 2017 and keeps doing it every month, no excuses. A specific amount, 500 euros, is always converted into Bitcoin and stored away in cold storage. This is how his strategy looks like:  As you can see, the BTC stack in orange always keeps going up, making it a personal ATH for him every time. In a black dashed line is the actual total invested in fiat, which simply increases by 500 euro every month. And in green you can see the value in fiat(euro) of his current amount of Bitcoin. This one of course varies a lot depending on the current price of Bitcoin. You can clearly see that it has been an incredibly great savings strategy so far, obtaining a lot more value than simply saving in fiat. I'll leave you guys with the url of the blog: https://er-bybitcoin.comIn the end, perseverance seems to be the key here. He's not putting an incredible amount of money down every month, but still he has managed to obtain a lot of Bitcoin, 4.47 BTC from his last update. Have you tried something similar?, maybe now thinking about doing it?, I think it's a great idea. |
|
|
|
~snip~
I'm self-employed now and I gamble sometimes, so I guess that could qualify as gambling at work? Although, I must admit when I worked at my 9-5 job I've never gambled at work.
As to exceeding gambling budget, I always gamble for fun so I only risk with what I can afford to lose. Just my 2c.
Yeah, you better watch out your employees more carefully!  In any case, as long as you are having fun and it is not affecting you or your business in a negative way, then it's all good. Life's too short to not have some fun once in a while. |
|
|
|
Forget the "gambling expert" hype! They're like fortune tellers with a fancier title. If they were so good at predicting luck, wouldn't they be sipping margaritas on a yacht, not selling picks?
Gambling is all about chance, bro. It's like throwing darts blindfolded - might hit the bullseye, but more likely you'll miss by a mile. So, trusting some stranger's prediction with your hard-earned cash? Not exactly the wisest move.
But hey, it's not just about the money. Imagine pinning your dreams on someone else's gamble. If it goes bust, that's a major mood killer and motivation crusher. Instead of chasing these so-called experts, do your own research, learn the games, understand the odds, and make your own strategies. It's way more fun and reliable than relying on someone else's guess.
Spot on. There are so many so-called "experts" that get their fees upfront, independent of what happens. People don't seem to see what's going on. But that's just what it is. Random. You will always see a few people winning or predicting correctly more often than others. That's what random means. They will probably fail in the future though. But that doesn't matter to them as they just collect their fees anyway. |
|
|
|
~snip~
He is still at age to bring up a really good performance in what could be most likely his last World Cup with the national Argentina team.He won the last one so he gave to Argentina a World Cup title since the distant times of Maradona in 1986 and that means he has fulfilled his mission.
Most people don't believe that he can be up to the task to bring up another World Cup yet I believe if the other players are of a great quality and show the same passion as the team who won the World Cup of 2022 can achieve the same result in this upcoming World Cup of 2026.
The thing is that I'm sure Messi can still play a decent World Cup. But he has already won everything. So, what's the point? Much better in my mind is to leave the space for other talents to develop and he can enjoy his retirement in peace making millions in ads. There are basically 2 outcomes if he plays the world cup, either he wins it or not. In both cases it's not really that great of an outcome. |
|
|
|
~snip~
There is nothing bad in people having the initial mindset of trying gambling since there's always a first time for everything but making them more trouble is unacceptable and it's a sign that gambling is not for such people. However, the situation can still be mitigated if the gambler understand that he/she is in trouble with gambling and needs help.
Yeah, just like alcohol, many people have tried it and never really continued drinking. Same with gambling. Some people enjoy gambling from time to time just for a bit of fun, but they are not at all addicted, whereas others are completely consumed by it. I think I read somewhere that there is a genetic predisposition to some addictions, so watch out. |
|
|
|
~snip~
AI's ability to match chess AIs in all domains? Not convinced. Because human brilliance is unmatched, AI is pursuing a moving target. Our agility and deception are unmatched by algorithms.
Yes, AI's social impact and opposition are understood. A force that threatens the status quo is natural to resist. However, every instrument and advancement was once fresh and scrutinised. The key is balance. Instead than replacing humans, we use AI to improve them. Let's use this tool to boost our abilities, not devalue ourselves.
Speaking of forecasts. It will take time for AI to match human intuition and insight. It can analyse data, find trends, and make intelligent assumptions. But life's subtlety, human passion, and world unpredictability? In our purview. AI enhances human experience -- it doesn't weave it.
Yeah, I agree. The thing is that the AI still needs a human to set their goals. Even if the AI is great, it would probably never make a discovery by chance, like penicillin for example. An AI would never stop and change their goal unexpectedly, they are focused to get the initial goal set by the human. |
|
|
|
~snip~
Besides these days it is really easy to get caught, if you are using a computer or a smartphone that was given to you by the company in which you work, you can be sure they will monitor from time to time your activities just to see if you are actually working as you should.
And if they find out that you are gambling when you should be working, you will have to give a great deal of explanations, and even that may not be enough to save yourself from getting fired.
You can always use your own mobile phone data plan to connect to the gambling sites though, and the company wouldn't even know. So, I don't think that's a massive issue. It's usually more on the productivity side in my mind. |
|
|
|
|
Show Posts
