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761  Economy / Gambling discussion / Re: do you lose on slots? on: December 10, 2023, 11:47:33 PM
~snip~
are you sure about that? have you ever been to a land-based casino? and can you be sure that it's all paid for? not like what @nullama said, because he said there will be free food and drinks at land-based casinos.

I also think like this anyway, there is no way they give free food and drinks just like that, even if it is true there will definitely be requirements to get free food and drinks, because it is likely that they will also make this as more profit from people who come to land-based casinos.

I've been in a few casinos around the world in which they absolutely give you free snacks and drinks.

Of course it is not a buffet, but if you stay there playing for some time, you will be able to get some free food and drinks.

Again, it's a courtesy, so it's just a bit, not something that you could simply go and grab anything you want.

The people at the casino basically have to see that you have been playing and then they offer you something.
762  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: December 10, 2023, 11:45:01 PM
~snip~
I don't think there is a problem between Scaloni and Messi because even when Argentina the Qatar World Cup, Scaloni started talking about Messi and he said how helpful is this player also he also said he wanted to use Messi for the 2026 World Cup but the behavior of Messi was not good and I think this time this Argentinian player made a mistake when he decided about the team himself.

Yeah, I think at this point it is all just rumors.

We will simply have to wait and see what the official squad will be present for the world cup.

Who knows, maybe they even change their coach before that.
763  Economy / Gambling discussion / Re: Low cost but effective solutions to gambling addiction on: December 10, 2023, 12:49:58 AM
~snip~
Therapy requires money. Online resources and support groups are often free or cheaper. These can save lives. Doesn't it amaze you how reaching rock bottom becomes a turning point? These stark realizations frequently strengthen the human soul. Isn't acknowledging an issue a powerful first step? Gambling is addictive. When it gets out of hand, the game plays you. The shift from gambling with money to betting on oneself to change must happen here. A gamble turns productive here. It's about improving life's odds, not in a casino. Does this perspective change not provide hope? As they say, every gamble teaches. Can gambling losses lead to a more balanced life?

There are usually free places in the real world, maybe around community centers, libraries, etc. There is always help, and if anyone feels alone, they can ask help in those places.

We are social creatures, so it is always good to have a bit of a chat with people in real life, not only digital.
764  Economy / Gambling discussion / Re: do you lose on slots? on: December 10, 2023, 12:41:08 AM
Everybody lose on slots unfortunately no matter who they are,the slots are so addictive that rarely the slot lovers can quit them and as soon as you can't quit them you will lose money in the short and long term.Even if you hit that max win you will spend it in a such a fast way that you will keep losing no matter what you are able to do with your money.

That is why it is recommended that people stop playing slots otherwise they will lose money in the longer term and there is no coming back from playing slots,do not be deceived by those guys showing you the streams where they win as they are playing with sponsored money so quit as long as you are able to as once you jump in the wagon of slot addiction there is no turning back.

There is a small, tiny fraction of people who actually get the big win from time to time.

That's what makes it attractive to many people, the chance, the hope of winning it.
765  Economy / Gambling discussion / Re: Slot games are a waste of time and money (most of the time) on: December 10, 2023, 12:36:55 AM
~snip~
Hoping to get a big win from the free spins given in the slot game, I think it's very rare to get a big win, and sometimes it will be very difficult for us to get free spins, we need a lot of capital to be able to get the free spins and that doesn't necessarily mean the payout. You get a big win and the jackpot is the same, but you will really feel the victory if you get the jackpot compared to the prize you get from the free win.

Yeah, I think the "free" spins are basically priced in on the actual odds that casinos give you.

So, instead of paying you more, they offer these free spins, so that you are more encouraged to keep playing.
766  Other / Off-topic / Re: Why the rich win gambling more than the poor. on: December 10, 2023, 12:35:20 AM
~snip~
Although poors and riches play in different ways, it doesn't give any advantages to the riches on long run. It's like saying someone who place huge bets with 1.01x multiplier on win and 94% winning chance is in a better position than people betting with a low bankroll, 2x multiplier and 48%-49% winning chance. One huge bet lost by the rich gambler already put him in a much worse situation than the poor gambler who is gambling with pennies. Riches lose much more money than poor gamblers, because they have more money to afford to lose on long run.

I think what we can say is that money lost by poor gamblers will be missed later for basic needs, while for rich gamblers it won't make any considerable difference at all. It's probably just change money...

At the end of the day the odds are usually the same, independent of how much you gamble.

And I think most rich people are not that interested in gambling anyway, because they are rich already.

That's one of the biggest things in gambling, the selling of the idea of becoming rich.
767  Economy / Gambling discussion / Re: Can somebody make a successful career in gambling on: December 10, 2023, 12:33:43 AM
~snip~
Yes, considering gambling as a source of income is not a good thing, because every time we gamble, we have to spend capital to be able to gamble. In gambling, we don't necessarily mean we can win, let alone consistently win the gambling we play, but what they will get. only losses in gambling, when you experience a gambling addiction, of course this will be very detrimental for everyone who gambles.

Also, on top of the financial capital invested, there is the time and mental space that is taken away from making other things.

So, it can be a very expensive thing when considering every factor, like the mind and time used.
768  Economy / Gambling discussion / Re: Slot games are a waste of time and money (most of the time) on: December 09, 2023, 02:20:47 AM
~snip~
No one can ever win anything big from free spins or bonus spins because of the sites algorithm setting a small amount of rewards so that it is always possible to win something small from free spins.  And this gives gamblers a chance to enjoy that spin and keep depositing again and playing for a long time. This is basically their marketing policy so nothing to get too excited about it. And always keeping yourself in check, gambling should not be taken seriously

So the free spins are actually different compared to normal paid spins?

Then it's a bit misleading to name them free spins, maybe they should be called bonus games or something like that.

Because if you say "free X", I would expect to get the actual X without having to pay for it, not a lite version of X for free.
769  Economy / Gambling discussion / Re: The madness of gambling addicts. on: December 09, 2023, 02:17:48 AM
~snip~
do you think some people can get to gambling too because they have too much disposable income and don't think they deserve all the money they got?
could be a thing too imo.

having a support network definitely helps a lot.

I really think that most actual rich people never or very rarely gamble. It's usually the poorest people the ones that are gambling.

If you think about it, the rich already have money, so there's no incentive to gamble.

For the working class though, that's a different story, they are buying a hope to become rich. That's gambling.
770  Economy / Gambling discussion / Re: Can somebody make a successful career in gambling on: December 09, 2023, 02:16:21 AM
~snip~
In my opinion, it shouldn’t be considered a source of income at all cause it literally isn’t. Anything considered a source where you earn money should at the very least, be reliable. Money won from gambling isn’t reliable as it doesn’t come often. It doesn’t come when you want or need it so I don’t see gambling as a source where one could earn money.
If one is looking to earn some extra money, that person should get a side job where the paycheck would actually be steady and reliable. It’s better to look to gambling as an activity rather than a job. The win is more enjoyable then.

I think that reliable payment does not really constitute an income, because you could have a job where the employer is bad and never pays on time.

Or you could have a client that always pays you late to your business, etc.

But those two are still income.

Whereas gambling is an unknown amount of money to be paid, or that you have to pay. It's a completely different thing.

You are buying the hope to become a rich person. That's not income. The income is received by the people running the casino.
771  Economy / Gambling discussion / Re: The worst slot provider ever? on: December 09, 2023, 02:14:13 AM
~snip~
I highly agree, it is best to compare their implemented features or how this games are presented.  Because if we base the worst provider due to personal experience of losses, as stated, every provider will be the worst subjectively.

Slots game that have slow phase sucks.  Because it only waste time due to its sluggish animation, and presentation.  I like fast phase slots game because it saves us a lot of time whether we win a jackpot or emptied our bankroll, it can happen in a flash with fast phase slots game.  This way, we only lose money if we are unlucky an not much of time consumption.

Yeah, it absolutely depends on what we are talking about to define best/worst.

Maybe the user experience is great, but there are not enough games, or maybe the games are fun but it's a pain to withdraw your money, etc.

There are many factors that would influence this. On top of personal wins/losses of course.
772  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: December 09, 2023, 02:12:51 AM
~snip~
That is also true and it is not easy to get out. I had a period, 12 years ago, where I would stay up 5-6 hours at night to gamble on random matches and sports that I knew nothing of. Started to gamble with bigger and bigger amounts (couple of 100$) and had 1 night that I went all-in as everything was going wrong. Won my bet, cashed out and I will never play with bigger amounts again. I still like the experience of gambling (it can make sports more entertaining to watch) but I am always careful and limit my balance on every site.

Yeah, it's a slippery slope. It can go quickly from being a small thing you enjoy to suddenly changing your whole life where you lost all your life savings in a day.

It can be very difficulty for some people, so it's good to be aware of how you react to these things and keep it under control.
773  Economy / Gambling discussion / Re: FIFA World Cup 2026 :Canada/Mexico/United States: Discussion Thread on: December 07, 2023, 01:29:42 AM
I mean it would be quite possible for Messi to be in 2026 world cup, that is about 2 years away, which means that he would be only 38 years old, I think Ronaldo was something close to that on the last world cup and he did alright, why wouldn't Messi be alright at 38 years old. I get that we are not used to it, I understand that we have seen many players retire before 38 years old, and it's still common, but at the very least we need to realize that we are seeing more and more players not retiring at early ages anymore.

I remember when I was a kid, a player that was 32 years old would be someone near the retirement age, but nowadays we are seeing in every sport where people play until 40 and even some more maybe after that. I think Messi will be just fine at 2026 world cup, and in fact I can take it one further and say that in 2030 if he is still playing hen he could be at the squad. Yes, 42 year old Messi may not be that great, but he wouldn't be like not top 25 neither, he could be still at the squad even if just for leadership.

Well, yeah, that's true.

But Messi is already in retiring age, and he just won the world cup.

It would be a perfect time to retire, at the peak of his glory.

If he goes and plays the world cup and doesn't win, that would be a bit of a downer for his retirement.

And if he does win, then it would not be as huge because he just did it.
774  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: December 07, 2023, 01:27:39 AM
~snip~
It may not be about making something easier to restrict, also has a lot to do with the control over income and taxation the government of certain countries want to have other people who gamble and also the casinos. Regardless of it, the historical case of the USA prohibition era is was a big lesson to be learnt by the western world about the extent a government can actually control the traffic of relatively common substances.

Perhaps, Since I am not from Bangladesh, I cannot fully understand the context of banning casinos and gambling, but if I had to bet on it, I am pretty sure religion is involved. Pretty much as happens in Saudi Arabia.

Could be.

At the end of the day governments are a complex thing, and some regulations might be so that society as a whole gets the right incentives to be a more productive one.

It's inconceivable to have a country where alcohol is banned from a western perspective, but it could be great for those societies, as alcohol is really bad for you and for the people around you (drunk driving, etc.)
775  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: December 07, 2023, 01:25:13 AM
I don't know whether this is also happening in other countries, but it made me think about this topic a news I read the other day which said that that the AI had guessed the number that will be luckiest the national Christmas lottery, and that it ran out in a matter of just a few minutes. I'm very curious to see if it is right, and I would buy myself one of these tickets if it was still possible, but to be honest I don't think it will be able to guess correctly the lucky digits based on past performance. Probability doesn't work like that, until I'm proven wrong at least.

Well, there are things that you might know that give you a bit of an advantage.

For example, try avoiding numbers lower than 31. This is because many people choose these numbers based on their birthday, so if you win, there will probably more people to share the price with.

Less people choose higher numbers, so go for those.
776  Other / Off-topic / Re: Why the rich win gambling more than the poor. on: December 07, 2023, 01:23:47 AM
~snip~
If you are gambling having a lot of money is really advantageous on your side, as you can place many bets which can increase the probability of winning, while the poor could only afford to bet one at a time which lowers the probability of winning. I agree that money can't make the person better at gambling, but it could differ both on their money as one option to make. Rich people have the money in short, they can go back to gambling anytime they want, so casinos would give them bonuses and discounts for being loyal customers to their casino, plus they could also build connections with their fellow gamblers which is one of their advantages. You can't tell if a person is rich or poor in gambling, but you can assume that a person that you can always see in the casino a rich as they can gamble anytime.

It doesn't really matter if you have many bets. The odds are the same for rich and poor.

If you have 1 unit of money invested in N bets, the chances of winning are the same.

And if you think that betting simultaneously in more bets is a better move, it is not generally speaking.

Betting on N number of bets with a cost of 1 unit of money, usually give you a price lower than N units of money.
777  Economy / Gambling discussion / Re: Low cost but effective solutions to gambling addiction on: December 07, 2023, 01:21:30 AM
~snip~
If it's free I doubt if they offer live chat therapy, I think it's either resource or public discussion like this forum, so you can't expect it's a professional who respond to your case. Any kind of project need money to survive, they could survive by donation, but we don't know how much people willing to make donation to them.

I think if possible, it is always better to talk with another person in real life, instead of through phone or chat.

We are social animals, and just by being next to another person and talking with them you feel better.

Also walks in nature can be really positive.

And those things are all free.
778  Economy / Gambling discussion / Re: [POLL] Using AI to predict outcomes on: December 05, 2023, 11:54:13 PM
Although Al is very popular instrument right now, but it still doesn't give you win guarantee. Anyway, it's better to rely on your own analytics.

But that's the whole thing. An AI might be able to give you better analytics than what you can come up with.

For example, if you know nothing about a sport, an AI can give you a list of the best teams. That's already better than your knowledge at that point.

Now, if you know a lot about some sport, you might be able to train an AI with your (and possibly others) knowledge. And then the AI will be able to mix it all up and give you a reasonable outcome.

You then always have to face the casino odds though, which usually are against you.
779  Economy / Gambling discussion / Re: do you lose on slots? on: December 05, 2023, 11:51:40 PM
~snip~
One of the reasons why the negatives far outweigh the positives is because bookmakers create casinos not to feed gamblers for free but their goal is to profit from gamblers who like to go overboard in acting out of control by providing a temptation through the opportunities provided which is basically nothing more than a trap for gamblers to come back soon. As evidence, we can see that many are now suffering from large losses and that means we can conclude that they are trapped by something that has been designed by the casino.

The events that they experience, especially those experienced by addicts, can actually be used as examples and lessons so that we do not overdo it, and as you said it is better to gamble normally, meaning by putting small money that you can afford to lose, because usually disappointment from results that do not match the wishes that can make you act out of control, so it will be very useful for a preventive measure.

I do think that real life casinos and slots have actually an extra positive side compared to online ones.

You can get free drinks and food from those places as long as you are playing. So, if you don't bet too much, you might end up with a free meal, as long as you don't gamble more than the cost of said meal.

But even if you just break even, you still have a small chance to win something, so it is an interesting proposition.

Whereas online, you don't get any freebies like drinks or food. Or things like toilet access, music, electricity, wifi, etc. It could be sometimes a good spot if you need to wait for a bit.
780  Economy / Gambling discussion / Re: Slot games are a waste of time and money (most of the time) on: December 05, 2023, 11:47:27 PM
~snip~
 It don't mostly bothered myself about playing slot games because I know the house always have an edge on who is going to win and would is going to lose. Once we understand this, we have to be very careful how we bet on slot games especially when we don't have skills to back up our bets. Any person that are slot game friendly maybe are those that knows how everything works and they are more interested in trying their luck or knows how to manipulate the game to make profits fr it.

Yeah, similar here. I don't really see the attraction of slots. They mostly are addiction games that take all your money in the end.

I guess some people find them entertaining, lucky for me I don't. I can see how quickly you can pour all your money into these things, and get addicted quite fast.
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