In this post, I want to shed light on what you should consider before funding a gambling site you come across. While many of us here use online casinos for a bit of fun or as a way to earn some extra profits,it's crucial to understand the potential risks involved.
These days, with the amount of users coming into the gambling section, they should be aware that there are lots of danger before deciding to go into gambling. You can risk your funds, losing them to these casino, because you don't understand how these games are played. Sometime ago, I came across a post where someone raised an issue on how do we know that the casino isn't set to beat us at their own games, unfortunately, you can't tell. but these casinos are governed by different bodies to protect customers right in win win and loss. we still can't tell if this is true though. some thing you can check before getting to bet in some casino.

Check the Casino's Reputation, Before you jump into any online casino, take some time to research its reputation. Find out if others have used this casino and whether they've been able to successfully withdraw their winnings. A trusted casino should have a track record of fair payouts.

Assess the Casino's History, Investigate how long the casino has been in operation and the level of trust it has built among its customers. Older, well-established casinos often have a better reputation for fairness and reliability.

Protect Your Privacy, Be extremely cautious with your personal information. Never disclose sensitive data to anyone claiming to be from the casino, as this could be a ploy to steal your funds or identity. Legitimate casinos won't ask for this information upfront.

Set Betting Limits,Avoid the temptation to bet more than you can afford to lose. Set clear limits for yourself, both in terms of time and money. Gambling should be about entertainment, not financial desperation.

Resist Addiction,Winning can be exhilarating, but it can also be addictive. If you find yourself unable to stop gambling after a few wins, it's time to take a step back. Remember that gambling should never become a primary source of income.
 online gambling can be a fun and potentially rewarding activity when approached with caution and responsibility. Think of it like playing video games, but with the added thrill of potential rewards. Be diligent, protect your privacy, and always gamble responsibly.

I’m pertaining to the side bet offered on the table games such as baccarat and blackjack that gives you a chance to win a certain multiplier by just meeting the certain requirements. I often avoid this kind of bet because it’s very rare to win on this and I’m only burning money that was supposed to be added to my profit whenever my main bet won while my sides always loss.

But recently I become lucky on side bet since I win x100 multiple time and x50 with 1$ profit. I realize that sometimes this side bet is the one that can give us the bigger profit once we get lucky compared when betting in fix amount while the result is just breakeven.

There's a lot of talk that Elon Musk taking on huge loans to buy Twitter could backfire massively on him as Twitter keeps losing value. Essentially what Elon Musk did was to use up most of his assets in terms of stock like Tesla and SpaceX to try and secure assets for his twitter loan. He's now so tied up in this Twitter debt, that if something goes wrong it could trigger a domino of effects. 

So he essentially already pledged tons of money to secure loans to buy Twitter, but his executive decisions lead to massive drops in value. Late last year he posted a lot of Tesla shares to avoid a margin call from banks that had loaned him to buy Twitter but this could potentially mean that if Tesla shares fall in price also, Musk could be losing his empire... Eventually, and potentially if things go wrong, losing his position as CEO in both Twitter as well as Tesla.

What are your thoughts on this? Is Musk about to lose it all?

The Australian Government once said about abolishing gambling ads as a means of reducing gambling activities amongst underage people. But, I think they'll be no successful way of stopping young people from gambling. As it's in them. Most articles here also say things like gambling addiction being hereditary. That means gambling can be hereditary as well. Because I just watched from a distant two kids below 10 years, staking bets, after a long argument about who the artiste of a specific song is. They later staked close to 40 cents each, for the person who gets the answer right. Then they went ahead to verify. And I lost sight of them. I thought about, how come or who thought these kids about betting money during a long argument. I was able to memorize, back when I was a kid. We easily said, how much would you bet if it turns out I'm saying the truth; during an argument. It made me understand that, despite during those days we had no phones or access to the internet, gambling is somehow embedded to the brain of humans. Then, as a child, we weren't exposed to gambling. I could only remember of lotto, as a kid. But we still said things like "let's bet it"

The International Monetary Fund (IMF) in its latest update has said the world economy is limping. This assessment is the aggregate of economic performances of all countries -- developing, developed and emerging. Bangladesh as a developing country, recently elevated to lower middle -income category, cannot be an exception to this global trend. Even though incipiently fragmented, we are still integrated into the globalised economy significantly enough to expose us to exogenous shocks.

Who else finds this requirements from casinos BS?

i was having a discussion with someone who was talking about the pro's and cons of his minimum wage job

he told me he works for 40hours a week at ~£$10 an hour for 52 weeks. =£$20800 pretax
he then says how in some countries they do not do paid time off. and how he gets 4weeks off fully paid. and he gets into detail that if he takes his £$20.8k and divides it by 48 and then 40, he is actually earning £$10.83 an hour

and this is where i then ask him
what hours does he leave home to go to work and then get home
he tells me the store opens at 9am and closes at 6pm but he has to be there at 8:45 to brief the days needs and exits at 6:15pm once all customers have left and doors are shut officially and securely

so this is not 8 hours obviously, but instead 9 hours 30 minutes
he says the hour extra is an unpaid breaks of 1x30min and 2x 15 minutes

i say to him in those unpaid breaks does he have enough FREE time to exit the business and do some personal chores unrestricted. he says no, he has to be in the vicinity of the workplace because he will get penalised if late back from lunch and the 15min breaks are not enough time to go anywhere personally without guaranteed penalty

so i get into detail with him.
for those 48 weeks of working of 5 days of 9.5hours for $20.8k pretax = 2280 hours / £$20.8k =£$9.12 an hour

i then inform him that this amount should be for his time. where i then enquire about his other costs just to be able to work.
so he tells me he spends about £$2 in fuel per day. and the £$6 on laundry and lunch(buys instore sandwich, drink,snack deal)
so out of the £$80 a day income for 9.5 hours he is only actually paid £$72 for his time

and now he works it out. he only gets £$8.20 per hour of his time of being in the vicinity of his workplace and not at home leisurely

.. we then started to debate the details, EG saving £$4 buy prepping meals at home for £$1 instead of £$4 and doing home batched clothes washing once a week instead of £$2 a day laundry

but even with all this, the number was far far below the $10 on contract and £$10.83 he thought he was getting if he deducted vacation time from his labour time

it just goes to show how little things like a restrictive activity unpaid lunch and extra start and end unpaid time before the business opens can take money way from your real life time

imagining being told your life was only worth £$10 an hour where they will compensate you for taking time out of your life to do things for them, under their policy.. but then not even getting £$10 an hour for your actual time spent out of your life

so folks. the gist is.. if a business requires you to be away from home and performing activities that benefit them from 8:45-6:15 make sure they pay you for all of that time ESPECIALLY if its minimum wage

So, for some days now, I've had this thought of "how much some people really value their privacy in gambling", like as a gambler, you signed up on a new casino and immediately, you are allowed to deposit and play without going through a KYC verification process like we do on some casinos immediately after registration.
You start playing and luckily, you won a significant amount of money.

I know the word "significant" can mean different values for different gamblers, so let's use figures i personally think are significant and capable of changing lives.

So, let's assume you luckily won anything as from $70,000 and above with a total bet below $100, and to withdraw this money, or even part of it, the casino requires you to pass all levels of verification in their system, which means that you will have to provide them all your personally information down to the most private of them all, and this casino is relatively new and you are not sure about their reputation.

Will you go ahead and provide them all they require from you for account verification, so they can process your withdrawal request, or will you willingly forfeit such amount of money back to the casino on the account that your private information is more expensive than that amount of money you have own from them?

I love to read your thoughts on this.

Starting Bitcoin investment with little capital will be very challenging mostly if that happens to be the major survival option of the investor. And in cases where the investor plans on using the proceed to solve their needs they might end up selling when the price have dropped just to settle the pressing need of that time.

As experienced investors are there measures that can be imbibed by new investors with little capital to help boast their capital. Some will want to mention patience which I will agree to but in situations where the money is needed to meet an emergency need how to you tackle such situations. Your formula might be a saving approach.

Yesterday, I booked a bet, but, fine if difficult to stake, because I thought the game was going to be lost. But here it is I won the best. I stake the bet at $0.13, and I won $49 in total. I have gotten several winnings in the past week, but I would like to say that I didn't expect the game to play accordingly the way I predicted it. Why? Because I haven't bet on the same predictions throughout all the games before, but yesterday I did it. That's why I said I didn't expect to win the game.

A friend of mine always says, game way go cut, go cut and game way go enter, go enter, and yes that's true, this game was supposed to, play accordingly, and it finally did, even with my doubts.

However, I will say that even your doubt can not make a game that you are supposed to win lose, because gambling doesn't work with mindset, it works with the risk and not your fear. Why the risk is because if you don't risk your money in gamble, you will not lose or even win.

1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?

Let's discuss the unique challenges of responsible gambling in the world of cryptocurrencies.

Crypto gambling can be fun, but it's important to keep our financial boundaries intact.

Share your tips and thoughts on staying responsible in this digital realm.

The issue of holding organization funds by an individual, lets say the treasurer of the organization should be heavily discouraged as most times it does not end well and leads to the funds being utilized or stolen by the person in charge. organizations should plan their startup properly and that includes being properly registered with the government which enables them to open a company account with approved banks.
However, there are slim exceptions whereby the organization are not much financially stable and funds are not readily available to go through the process of company registration and they startup their activities with the motive of doing the needful later as they grow in finance. this now leads to the organization funds being held by trusted members for the time being. Another one and the one that prompted me to start this topic gave me a really big challenge and I learnt invaluable lessons from it. It is the issue of holding association funds temporarily pending the rectification of accounts and change of signatories with past leaders whom have relocated from the state.

This is a very risky and complicated matter, and it is even more complicated when you combine the association funds with your own personal funds in the same account. The risk of overspending may arise as you will constantly see enough funds in your account and might tend to forget that there are foreign funds present and before you realize what you've done, you're already indebted to the company.
Secondly, there is this sense of caution that arise instinctively when your personal funds is diminishing whereby you restrict yourself to having only things you really need and curb all excesses until you are back to having much funds. In the case of combined funds, that discipline might not be observed as you see encouraging figures always.
Thirdly, You might intentionally spend the alien funds with the thought of replacing it whenever you own funds are available. This is a very big mistake without proper accounting and documentation to checkmate what you spend because before you know it, you've utilized more than your assumed funds can handle and leave yourself in a great mess.

A good solution to this is to have an entirely different account to receive funds that is not yours and refuse to have ATM card or much access to that account. In fact, the account should be as good as forgotten by you and the only connection to it is withdrawing funds for the organization purpose, Receiving credit and debit alerts to be able to monitor the activities of the account. You also need to have a place that you detail the transactions on that account, like your private record so that you can have the account record ready at any time it is requested by the organization. this rapid accounting relieves you the stress and time wastage of explaining yourself too much as everything related to the transactions on the account is properly penned down and possibly snapped and backed up in your google drive for retrieval in case you misplace the books.
This way, you will have two advantages

• Reduced Interaction with with funds that are not yours as there is a separation of concerns and you get to plan yourself properly with your funds
• You gain respect by being accountable for the funds anytime as you have the transactions carefully spelt out in your accounting books and a backup online if books are far fetched

Finally, Keep the pressure for account rectification on and ensure funds are out of your control as soon as it's done to relieve yourself from the temptations that are associated with being in custody of association funds. I advise you to update your personal records immediately there is a transaction whether debit or credit as you may forget the details sooner or later and put yourself under unnecessary stress.

Note: At the time of developing this topic, Discussing it with a friend, I learnt of a woman leader whom squandered millions under her care for the purchase of association luxurious buses and started shedding tears when asked to return the funds within one week. All these could have been avoided If the organization had its account or if she had known these principles above.

I have often wondered about the people who have lost a lot in gambling and who almost loose in every gambling activity they participate. What is their reason or motivation to continue even after so many losses?

Nigeria's naira hit a record low of 1,100 per dollar on the black market on Wednesday, online platform abokiFX showed, a day after the currency hit a new low on the official market due to persistent dollar shortages.

The naira has been in freefall on the unofficial market, where it trades freely, which worsened after currency restrictions were lifted on the official market.

Today I witness something very strange in the area where I live recently. There was a gambling shop that was not too far from where I am staying, so every day different gamblers visit the shop to bet on games, some win and some don't win a dime.

So, yesterday afternoon, a man bet on a midnight game and the game played accordingly as predicted, but the surprising thing was that the betting agent ran away with the money the man won, and the betting agent is no where to be found.

However, I am here to say these are the reasons why it is not always good to gamble in a betting agent's shop, because if the manager of the shop does not run with the money a gambler wins, then one of the workers in the betting shop might run away with the money someone wins, so I do conclude that an online gambling site with good reputation is the best for gambler, so what do you guys have to say about this?.

Russian Exchange Allegedly Transfers Millions in Crypto for Fundamentalists in Gaza

Islamic Jihad, a Palestinian extremist organization active in the Hamas-controlled Gaza Strip, has received part of a $ 93 million payment through a Russian cryptocurrency exchange called Garantex, the Wall Street Journal (WSJ) reported.

The company, originally registered in Estoniabut headquartered in Moscow,was sanctionedby the U.S. Treasury Department in April 2022 as part of measures to prevent Russian efforts to evade financial restrictions imposed over the invasion of Ukraine.

The crypto trading platform allegedly processed illicit transactions from the ransomware group Conti and darknet market Hydraas well. It was also used to launder money for Russia’s largest crypto pyramid scheme, Finiko,and raise funds for the Russian far-right paramilitary unit Rusich.source

On yesterday's stream Eddie said Poker should and will be coming to stake some time soon.
He didn't mention a specific time though.

I think that's a great idea. They basically get risk free money through collecting the rake. Having a super big player base this would be a HUGE opportunity for stake and for their players.

For people with skill at poker that might become a lucrative site. Many degen gamblers that just lost with casino games and sports might "try their luck" at poker, fishing time. 

Question is though, will they make their own poker software/network where only stake players will be able to play or will they join a network like ipoker, ggpoker, 888 and so on.
My best guess that they will keep it in house because KYC is not mandatory. Some abusers might want to run up some amounts on sports/casino and the chip dump it to somebody on a different site through shared network.

Anyway, I think it's a nice idea. Poker with crypto still is WAY too small.
Let's hope they can create a fun and safe environment with a lot of different poker variations like NLH, PLO, Stud games, Chinese Poker and so on.

Hopefully they are asking the players for their input when creating this! And please, make some moderate rake. 

I've seen Gold market prices rising lately as a result of the current Israel-Hamas conflict. However, Bitcoin hasn't experienced any upsurge in price. It's still hovering around the $26k range. Something similar happened during the Russia-Ukraine war.

Is it because investors still don't trust Bitcoin as a store of value? Or is it something else? Please enlighten me. Your input would be greatly appreciated. Thanks.