The risk of losing money is high in gambling. The rich can afford to lose money as they won't get poor by gambling in just one day. The poor can get poorer and eventually try illegal activities to gamble again. I don't think gambling is good for someone who has less money to survive in this world.
That's the difference because the rich has an advantage over the poor in terms of gambling because even if they lose some amounts of money it will not easily affect them because they have were the money is coming either on a daily, weekly or monthly basis, so when most of them gamble they put a lot of money with to get big return but in terms of the poor they can easily get very emotional if they lose a certain amount of money because they don't have were a lot of money is coming from on a monthly basis, so that's why is always advisable for people who doesn't have much to always gamble with what they can afford. In that aspect the rich are quite advance in endangering their wealth compared to the low-income earners. The comparison should be on same category. If a low-income earner or a jobless player intends to be careful with his gambling activities, he wouldn't get into too many dangers. Compared to a rich gambler who recklessly wagers away his money in gambling. All these factors matter, but in a situation where they are both on same page of lifestyle, I think the rich player will easily gather some money to replenish, that which he's lost in the reckless gambling lifestyle. However, if he, the rich player doesn't consider making corrections to his behavior, he'll still waste his money again, till it gets quite bad for him to bounce back to his previous class. It will be more judgeable if the same condition stands for both the poor and rich in gambling, but how this will happen is not so obvious in my view. Take a look at it, the personality of the two matters and will always disrupt the equation. One may love to gamble so well, while the other may gamble once in a way. One may like to gamble a lump sum that is big, while the other seldom does that but gamble a fraction of the money per session. This is why I do not even see the debate of the better risk taker among the two as necessary. The money owned by the rich is deceptive at times because it depends on the fraction of your fortune you bet at a go as a rich person. For instance, if a poor bets $1, that could be just 1% of his total worth. The same goes for the rich, you might see the rich betting with $500,000, thinking to be better than the poor in that regard, but technically, that could also be 1% of his total worth, which makes them bet the same worth (despite not being the same amount). This risk of a thing is relative to their purse, but it seems people are not looking at that. And to recover the same amount of money lost back, it may have the same effect on the two classes, so, I do not see much about this if all conditions are the same for both categories. Wisely, whether it is a poor gambler or a rich gambler, let us all apply wisdom. There is no sensible reason for us to be wasting money anyhow just because we can afford it. Even if we love gambling, the right budget and management are important. |
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If newbies have the mindset of working out a process for themselves, I'm sure they will be better of than playing randomly and learning the hard way.
This is one of the things that one sometimes does as a beginner, developing certain techniques and certain tricks to win in a casino, what we don't know is that this is sometimes just luck, so our search for better things like winning for sure , that doesn't exist, the most likely thing is that if you don't want to lose then just play, that's what Guarantees us not losing money , the Challenge is still a risk, the things that have to be done for us to Emerge carry a great risk and this can produce investment, do many things like being aware of each strategy, and being clear about that is what makes us different, but every novice has many Insecurities that they do not yet know, self-control, risk management, money to lose They don't know much about all those things, and that's why they lose money. Gambling will always depend on luck no matter what strategy we use. Although different people use gambling for different purposes, gambling behaves the same for everyone However, if you enjoy gambling in a relaxed manner without getting excited, besides getting a lot of fun from gambling, you can suddenly win something big from here. so gambling should be used only casually and not seriously. then gambling will not bring any serious harm to anyone. In my opinion, I believe that it is not so right to conclude that gambling is all about luck before one can win. It's true that some aspects of gambling will solely require luck, but certainly not all aspects. I can agree with that in sports betting, if you know your way around it having gathered the right information to blend them to make informed decisions, then you have done the work halfway. By this, you are not relying on luck alone but your effort as well which will be reflected in your skills and how good you can use what you know. What I can only advise is that we as gamblers should do our best and leave the rest. If it is the gambling aspect that requires our skills and strategies, we should endeavour to shape it adequately for the maximum benefits. In addition, we need the right mindset towards gambling, it will help us a lot, and have the belief that gambling should not be necessarily engaged for money. Even if we gamble because of the money, we should not be desperate about it to avoid issues for ourselves. We should also ensure that our management about it is unquestionable, even as we are well-disciplined for responsible gambling. Above all, we should write at the back of our minds that gambling is not a do-or-die affair, we should be very careful when we lose much. Taking breaks at times to reset our psychology can't be a bad idea. |
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What I did is I stop gambling for a week and decided to try different game so that my mind will be fresh and positive. I play slot games and manage to win huge amount that is enough to recover my 3 weeks losses and gain a decent profit. I’m just using small bet on slot games when I hit the huge jackpot.
In conclusion, if you are already having a rough time on playing same game over and over despite you have a good experience on it before. Trying new games to you and taking break will help you to snap out of your losing streak because chasing losses usually make us trap on our losses.
In your case, how do you approach when you are on losing streak so badly on specific game. Does changing game works for you?
First, let me congratulate you on your winning, but endeavour to manage yourself and your gambling portfolio better next time so that the losing streak will not be too much. Wagering between $50-$100 per bet if I read you correctly is high for me, unless you are such a person that has enough money to fall back at. Aside from that, I always say that there is no perfect advice in gambling, and what works for you now may not work for another person. You may even try to replicate it later without getting the same result anymore. That's gambling for you. People are losing in slot games too, and turning to another game can never be an automatic means to win, it was just your lucky day. However, one sure piece of advice in this regard is for the gambler to ensure to take a break. It might be for days, a week or more, it doesn't matter, but to ensure that the gambler successfully cools off and stops the frustration that the losing steak had caused. |
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There are people in the elite class who may have a piece of insider information about actual match-fixing but they are not going to reveal such information even for a few thousand dollars cause they know the value is probably in the millions. So whatever we see in the name of paid prediction experts is absolute crap.
If it was accurate information I personally would not share it with anyone else especially for only a few hundred dollars. I could earn thousands or even hundreds of thousands of dollars so why should I share it with others? There are many risks that I will accept by sharing it with other people. In fact, I think that if I already knew the score setting and team A would win, I would spread false information to people that team B would win. Basically, people who know accurate information are those who have connections with several bookies. So of course they also want to provide profits to their bookies. It is difficult to get accurate information, especially if the person says that the information comes from an insider. If someone can get it, he should use it for himself rather than sell it to someone else. We know that there is indeed a match that has been fixed so we can place a bet on the team that will win, But the price of getting the information must be very high and not many people can get it. Besides that, some people share their predictions publicly or in groups. They try to convince their followers that they have accurate information on many matches. That's why people should be careful if they see such offers. Don't be immediately interested and decide to join but look for other information. Many advertisements like that end up turning out to be scams. Wait a minute, is there anything like inside information in gambling? I guess No. People are too gullible if I must say, they believe whatever comes their way, and that is the only reason they can stoop so low to believe that there is one insider information that will make gambling better. Fine, there are many people trying to predict gambling, especially sports betting when they know that the casino aspect of gambling is not breakable by any means. These people can never have better information than you, and the reason is that, if you are predicting any sports, you are doing it either before the post starts or during the live sports events, and not after. So what you know, the predictors know, the coach knows, the player knows and the entire people of the world who are interested in that game. For this, no one knows it better than you, it all depends on how you can use your brain to interpret the situation well to make the right choice. Why then pay for such a service? This is why I make sure that I do in-depth research if I want to bet on a match. I make sure that I know everything about the teams involved to be able to know the ones to bet on. Those called expert predictors can't do better than that, all the information is surely in front of all of us. It depends on how we access and use them. |
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~
The way gambling ads are everywhere now, it’s really hard to miss them, whether we’re scrolling online or just driving around town. It’s true, these ads don’t pick ages; they reach everyone, making it super important for us as parents to step up. We’ve got to chat with our kids about gambling, especially since the ads aren’t slowing down and technology is only making it easier to stumble upon them. And yeah, with all the new tech and crypto casinos popping up, they’re catching more attention than the traditional spots. It’s a lot, and while casinos are just doing their thing within the rules, it really does feel like everyone needs to pitch in to make sure gambling is kept responsible, especially for the younger eyes. Gambling advertisements are like mushrooms that are scattered everywhere. Meanwhile, today's life cannot be separated from the internet and social media where there are lots of gambling advertisements. We cannot limit the presence of these advertisements, because we are nobody. So what we can do is limit ourselves so that we are not easily influenced by advertisements like that, because what is circulating on social media is not only advertisements for legal casinos, but there are also many illegal casinos that try to promote their gambling sites there. And of course this could be dangerous for our children, especially at an early age and not yet mature in thinking, this is a worry for us as parents about how we can protect our children from irresponsible gambling activities. as well as other negative impacts. Providing a simple explanation and understanding to our children about the negative impacts of gambling is the first step in efforts to protect our children. The emergence of new technology and crypto casinos has seen them gain more interest than conventional gambling venues. The availability of these options, as well as innovations, inevitably require attention to ensure that gambling activities are carried out responsibly, while taking into account the potential impact on minors. Therefore, all stakeholders, including gambling company operators and governments, need to be involved in the process to ensure a responsible gambling industry. You got the gist rightly, but I often look past the advertisement disturbance per se, unless the advert is such that is affecting my viewing of an important video or a webpage. If they are such that are sensibly placed, there is no issue on that at all. After all, the companies involved are trying to get themselves known and must have paid the website or platform I was accessing, which I believe is running well to also deliver the good service I was benefiting from due to the money received for the adverts. This is a win-win for everyone even if I do not get the monetary benefits, only that they should not let it be placed idiotically. Also with adverts, one can still get the fastest gist of events, which makes it very good to welcome advertisements. But due to the recent development where adverts can be shown anyhow, one should be careful about what they view/watch in the presence of children. A good popup blocker can go a long way in this to avoid the sudden ones that are very disturbing. But for the ones on the TV, it is difficult to avoid that in the presence of the children, which is unpalatable. Technology has brought about the good and bad side, nevertheless, when we are sensitive and cautious enough, we can get the good benefits from it and avoid the bad side even as we educate our children on some things which we know they might be privy to in our absence. |
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I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.
And you think it would be easy to solely depend on casinos for a living? It is always good and deceptive in our thoughts, especially when the person has a primary job, but the moment the person stops that job for gambling, the issue starts and it's going to be a serious problem with time. The psychology at which you are gambling when you are still falling back at your primary job as the main source of income is not the same as you would be gambling when it is no more, that's why it is not the smartest decision to be gambling for a living without having anything to fall back at. This is especially true when you are a family man and someone who has extended dependents. It will be a whole lot of headaches at that time when there are pressing financial needs where gambling will be your last resort. Depending on gambling in such a situation will only cause desperation and frustration and you will likely lose your money. Besides, Bravo! You are doing well in gambling. For someone to be earning so hugely in gambling to the extent that the mean earning of the country is still lower than it, that is convenient. But I will never advise anyone towards it. I also read your post a while ago that you reduced your gambling pace just because of your job. That is a very good idea, the job that pays you more and gives you the rest of mind as the reward of your work is best to be taken seriously. Just continue to bet in your free time the way you do it, it is the best and shows you are wise. Don't be tempted because if you can gamble with higher amounts and your gambling results are as good as you claimed, then you may still earn more than your present status. But don't just think it. I never said that it is easy. It is really difficult to get nice profit from gambling. And it is like a job. You mustn`t have emotions, you must wake up several times per night, you must be ready to bet every moment of your life. Several times i went to buy bread with a notebook. And only in such a way you can become successful. I`m good specialist, so my salary is high enough, that`s why i made such choice. But if someone don`t get big money from the job, he can try to get it from gambling. The main problem is that the main part of gamblers think that it is easy money - look at the match and win. No! It doesn`t works so. It is the way to lose all your money and think that you isn`t lucky enough. Let's be honest is there a certain field or profession in this world where people will make an end means easily? I don't think there's any, even in the cryptocurrency that is filled with diverse opportunities you have to dedicate some hours of your sleep to research, reading, or skill improvement if you want to be at the edge of your game. Although, online crypto casinos have made things easy but I consider gambling to be more difficult than a job cause we're talking about something that has made some people millionaires and has easily ruined the lives of some people. I continue to be neutral here so that I don't become too wise in my own understanding. This is partly because I want @mak013 to furnish me with that gambling option and style used that is so precious to the point that one could rely solely on it. I know that there is no way there will not be career gamblers, but still, they will have so many challenges to face as well that will make them get discouraged at times to the point of dissuading people from relying on gambling. If not, a lot of people would be relying on it now with trackable success records, but the truth is that it is never easy and will never be easy no matter how advanced we could be, the house is not foolish, they will always have that edge to keep the business running. Fine, there could be better ways, but I believe it can't be as good as it is being propagated because we all know gambling, it is very risky with no specific approach to certainly win it. Even the lucky ones today may be unlucky for the next many weeks, if not months, so it can't be what we should be comfortable with calling our sole earning means. If we do not care about ourselves to have decided on that, we should care about those who are depending on us for daily bread. |
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When I first became familiar with gambling, the first advice I received was not to listen to any advice  That is, when selecting a casino or a game, trust your own instincts and the reviews you come across because such decisions are highly personal. Once you've gathered enough information, you can make your choice and determine what you prefer more or less Yes, that's true, some ideas can instigate one towards having wrong impression about gambling or taking the wrong step, we have to treat gambling as a thing of personal experience than the conventional way of approach many have developed to deal with how they handle it, it's not everything we hear them say are true, we also need to witness some things and use our own approach in such situations maybe we could have a different experience from the way others do with gambling. Gambling should be a personal thing, so the advice given to the OP and the one you issued are both good. The more we listen to what people say about it, the more we are doing ourselves no good, especially for the negative advice towards it and the confusion some people could cause when we select our games in their presence. Also, we should always know that gambling is a two-way thing, it is either we win or lose, and no matter how we play it, this subsists still, so we should not be overconfident about it but be more managerial. Ours is to find the right casinos and sportsbooks to do our thing and find the means to preserve the responsible gambling characteristic in what we do. This calls for viable experience towards it even as we gamble with care. The experience should however be helpful in selecting reputable casinos and helping us to gain the needed style, management and the right psychology for this. These and a few more are the only things needed to be a better gambler, and particularly, we should make sure that we are independent in our gambling. That's just the best. Is important not to listen to any how advice, but that doesn't mean that we shouldn't pay attention to others because some times we still need the experience of others to serve as a guide for us as gamblers, because gambling on it own come with high risks so for that, to be able to stay safe in gambling, there is the need for you to equip yourself with the necessary knowledge and information that will aid your decisions while you gamble, some time in the areas of selecting the casinos to plays on, this is an important aspect also that we require ls third party advice or even making use of reviews to check what others have experienced from the casino. From what I read about your reply to my post, I can only deduce that you understand me halfway because if you understood me fully, you would not shift it to the angle of learning. Learning is a must and when learning, you may not rely on your own understanding alone, you can do a whole lot of research and even have teachers/mentors who will teach and tutor you on how you go about gambling. Doing it yourself could be cumbersome as well, and I must say that there are still some advanced gambling and options trading that I still find difficult to understand even as experienced as I am. This is where people's guide could help better to make it simple and get the gist faster. This is to show you that I know the importance of learning, but you actually deviated from my disposition. Mine was the confusion and lack of focus that could arise from dependent gambling. I mean the gambling interest that will make you believe less of yourself and rely on the influence of friends and others to make decisions. I do not do that. I am an independent gambler and would like to keep it that way. If you need my gambling advice, I will give you in such a way that will not cause arguments or interfere with my choices of betting. But I can never need your gambling advice. This is why I like to open my gambling platform in the absence of people and do my betting as I like. If I lose, I take it, and if I gain, I take it, not that an external influence reliance will make me lose, that's not honourable. |
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First Trade - If it hits your SL you lose $1
Second Trade - If it hits your SL you lose $1
Third Trade - If it hits your SL you lose $2
Fourth Trade - If it hits your SL you lose $4
Fift Trade - If it hits your SL you lose $8
And so on until you get a trade right with at least 2/1 Risk Reward Ratio
I must say I so much appreciate this simple exposé, many might see it as nothing but as an experienced trader, I value it and could go a long way in helping traders trading martingale. However, the martingale strategy is a very risky trading strategy that Can Only work in a strongly trending market condition. No amount of additional strategy, tweak or management can help it so far the trend is not strong, definitive and impactful. An aggressive martingale trader may start with just $200, and if lucky enough, could earn more than $100,000 in 2 days, but the risk is always too high for me. For the record, I've used the strategy to achieve almost $50,000 from a starting capital of $250 in the past, but it was on a demo account. Demo account is different from real account when trading and when you open a trade, it might be different from what you thought. When I was reading your post, I was like this guy is a genius until I saw you said it was a demo account. If you must trade, you should use a small amount to trade and do not think of making big profit, because greed is what do wreck most traders. I have not found the strategy that works for me yet in trading, because whenever I trade and make profit, I end up losing it. Hahaha...That still doesn't stop me from being a genius as I am on top of my games when it comes to trading.  However, I knowingly added the demo account so that it would reflect the truth, nevertheless, I can replicate this in a live account if I want to because I know what I did and I'm even better at trading presently than at the time. All I need is a serious trending market like what Bitcoin did a while ago and zero my mind about the money. I also need good luck on my side because a slightly bad market movement could cost the whole process of it. But for the replication of it like that of the demo account, I can do that perfectly. After all, I've lost money in thousands of dollars to the financial market in the past, so zeroing my mind on a few bucks like $250 shouldn't be a huge task for me to perform. I will just view it as though it's no longer my money so that I can achieve the task, but in the end, I will smile hugely. Also, during my last post, I had the mind of revisiting such a risky task again on the demo account. I will try it three times, and then switch to the live account. I pray the good luck is on my side! |
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The grievance of people buttress towards the way and manner cryptocurrency was introduced. Cryptocurrency mostly promised decentralization, privacy and anonymity, but the situation now is beyond that. Despite most of them still retaining those characteristics/attributes, the government has found ways to limit them by regulations through the companies and individuals transacting with them. This is a brilliant idea and I will always support it. Cryptocurrency cannot just be operating the way people want unchallenged, not when there are still working governments in the land. Fine, when it first came on board, the government would certainly be unaware or taking time to know how to deal with the situation. Those are the times you mention.
I use to think that way in the past that reasons why many gamblers are against regulations birth kyc is because of how casino handle the subject of kyc and how their go about their marketing, quite alright some casinos promised to be decentralised and none kyc by along the li e their get it introduced into the system, although this casinos should be classified in the class of scam casinos because most of the casinos that involve in such schemes always do so with the intended motive to scam the gamblers. Because no legit casino will ask for kyc when the terms and conditions states their decentralised. People have really suffered at the hands of those casinos and it could be worse elsewhere. Imagine, decentralisation means that there is no central authority or oversights, so why demand KYC? Who is deceiving whom? Well, a lot of people will still fall victim to this, that's the extent of how gullible they can be. This issue of running away from KYC casinos to find solace in the no-KYC casino has made many become a victim of scams as easily as possible. What baffles me is that many of these people only have a small amount of money to gamble and they got the money through a legit means as well. So why are they so particular about privacy and no-KYC casinos to the point of abandoning the respectable casinos that would not scam to try those they knew little or nothing about to the point that they lose all the money to them? To make it worse, for those of the casinos who would stay, the No-KYC casino over time may switch to KYC casino, is that not using their heads? |
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First, BCH.games seems to be spreading more rapidly on the gambling section of the forum lately and I suspect that you guys are stylishly doing this, which is evident by using new accounts just for the purpose. Why not come straightforwardly, this forum accommodates all.
It's hilarious seeing some of you completely change the name of BC.Game to BCH.games adding h and s and making it seem like BitcoinCash.games which is just weird if y'all think about it. Also, I don't think anyone is trying to indirectly advertise BC.Game here because they are doing well in this forum lately and don't need to go to such lengths. Think! Next time, perhaps you need to visit that bed or allow that intoxicant to wear off before you reply, rather than running your mouth and showing too-know in a manner that makes you look so gross. For your information, no one is talking about BC.Game but BCH.games, they are two different casinos. Careless people like you will be so bold to reply to what you do not know anything about even without doing a single research to ascertain the fact whether it's what you know or not. |
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The gambling without license could have been the best because most of them would have been non KYC gambling casinos and they won't require KYC informations from us as well as seing them not regulated by the government since they are not having any license to back that up, but can we have the required trust in some of these sites, how reliable could they be in such a way that you will not see them taking their users fund away at anytime when they cease operations.
When cryptocurrency casinos were first introduced, there was no KYC or anything like that, no one had to verify their identity before they could access certain features in a platform such as making large deposits or withdrawals or participating in certain events. You could deposit any amount you wished or withdraw any amount no matter how large, and it would get processed in a matter of minutes. However, over time, due to regulatory pressure, rules such as KYC and AML started popping up. Casinos were asked to acquire licenses to operate. The licensing part isn't very bad in my opinion, because platforms that are registered with authorities would have a lower possibility of scamming its customers and run away with their funds, which isn't the case with unregistered and unregulated casinos these days. The grievance of people buttress towards the way and manner cryptocurrency was introduced. Cryptocurrency mostly promised decentralization, privacy and anonymity, but the situation now is beyond that. Despite most of them still retaining those characteristics/attributes, the government has found ways to limit them by regulations through the companies and individuals transacting with them. This is a brilliant idea and I will always support it. Cryptocurrency cannot just be operating the way people want unchallenged, not when there are still working governments in the land. Fine, when it first came on board, the government would certainly be unaware or taking time to know how to deal with the situation. Those are the times you mention. However, when they came up with their regulation, they changed the narrative, and crypto on its own can keep the necessary privacy and other characteristics, but once a company or regulated/licenced entity uses it, the same can't happen for the parties involved anymore. This is the rule unless they are not registered in any country, which can make them do as they like and even encourage their customers not to complete KYC. In the absence of that, due process must be followed. This has never stopped the true capability of cryptocurrency itself but just makes those using it more accountable. We should all respect that in this present dispensation. |
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OP, let me advise you, we are not fools of Bitcointalk, anything we discuss and share here stays in this forum. Anything external could be so suspicious. Not even a website for a guide but a Telegram account, this must be a joke.
I can only suspect that this account is transferred, sold, hacked or hijacked, it may not be the person who started this account posting on it now. There's an obvious change of hand from what I have studied since 2019 to date, so the OP is not to be trusted. The old handler is conversant with
Twitter.com/blockznetwork, but the new user has twisted it a bit to the telegram @blockxs now advertised.
Proceed at your own risk!
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-snip-
Then, why not create a platform for predicting the performance of any cryptocurrency or a platform for predicting future trends in the market or both?
What are your thoughts on this?
Good suggestion, but I believe will be so risky for the house. What you suggested is similar to options trading which is getting less popular daily. No one will want to be running their business at a loss. The reason is that the house is not really making money through it, and for them to be fair and run the business with sincerity, they will rather abandon it and focus on the core casinos and sports betting instead of cheating people. This kind of betting style did not just start and I have seen enough of them either pending it or removing it from their platform completely. Now, if the number of the right predictions is too high for some assets (which will happen most time), it would cost the house a huge fortune, which is why I think they do not have so much interest in a thing like this. Future trend? This is the bias of traders, many will align with the same bias based on popularity and communities, and this prediction alone will make the crypto asset gain undue influence which could make it dance to the side of the bias winning the popular vote because the internet will not be silent about it and it will be easy to know the winning side due to that. Because of this, the house will lose a lot even as people continue to study the situation to bet on the best side. |
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First, BCH.games seems to be spreading more rapidly on the gambling section of the forum lately and I suspect that you guys are stylishly doing this, which is evident by using new accounts just for the purpose. Why not come straightforwardly, this forum accommodates all.
For I see nothing so serious about this question except for this recent advanced advertisement style where a well-known name like Stake.com would be used to compare the targetted company (lesser ones). The 1% and 2% house edge are always simple arithmetics, and it is all about what the house wants for them and their customers, so why so much concern about what is obvious?
I also hope the provably fair is truly fair over there.
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Not everyone have the mindset of tracking their past gambling activities it’s just for people that is very serious in gambling that usually gamble every week at least a few times because they would want to know how they have won on the past and their losses they would want to recover and get back every lose so they would like to keep their tracking active and check out the basics move they need to take before proceeding on more gambling activity.
This context, if not careful of, can even cause addiction to gamblers. If one can be gambling to be point of taking the inventories of the gambling always and flashing back to the past, then such a person has taken gambling to be a too serious business and may trigger emotion. But I see no how this is helping out at all because gambling can only be won either by luck or by expertise, or both, and not by looking at the past results. Good, it could be nice if one is evaluating his gambling activities so that he makes a decision on whether to continue to gamble or quit. But this is not often the case but to be opening some fresh wounds of how much money the person has lost in the past. This is why I don't do it, but notwithstanding, indifferent about this since it will not add value to my gambling. Instead of looking back at the past, I focus on the present and the future, and the best way is to sharpen my gambling expertise well and pray for better luck. In addition, I work more on my gambling psychology and management which I know will always help me not to go astray but to maintain a responsible gambling character. gambling's complicated. Believe me, I've seen the best and worst of it. Some call it addictive, and they've got a point. Get hung up on past bets, and you're in trouble. Thats when the house always wins. But its not just luck, not about some magic skill. Success, in gambling and in life, comes down to strategy. Understanding yourself. Your limits, your mind. Thats what separates winners from, well, lets just say its a big difference. You cant rewrite the past. Dwelling on losses, wins, its a trap. Focus on the game in front of you, improve yourself, thats where progress happens. Some luck helps, obviously, nobody's perfect. But above all, be responsible. Thats the winning play, I guarantee it. You have said it all and got it perfectly right, gambling is more complicated than people think and there is no certain/perfect solution that will cover for all the needed actions at all times. Whether we look back or move forward in it, it is all about trying our best and leaving the rest, nothing works best for it but mostly luck. What you used that worked today might not work tomorrow, and what failed today might be what will win the Jackpot for you the next day, so it works haphazardly. But one thing that is sure is that we should try not to miss out on gambling aright and be responsible about it even as we forge ahead and remain focused. We should do our part to have good and advanced skills (if possible as seen in some settings), budget and management and adhere strictly to them with discipline so that we do not go astray to the point that we will be irresponsible towards. |
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That's nice of Ripple. But one sure thing is that it will certainly join the queue and not automatically displace the existing market that has always gained prominence. The fact that Ripple (XRP) is already a well-known cryptocurrency doesn't mean that its stablecoin project would be an automatic success. What they are trying is a test/effort, however, it's not all what you test that will work.
You can imagine how Binance and BNB did well in the crypto market, but BUSD was unable to do so due to one thing or another to the point that the company behind it has to face it off. I did not say that the case of Ripple's stablecoin will be like that but it must also face challenges of its own and not just dominate the market easily as though.
Also, I still see USDT retaining the number of stablecoin in the crypto market with no stablecoin able to displace it in a matter of decades. It is about $107B by market cap currently, even as the closest rival (USDC) is more than 3 times lower than it (almost $33B now). The Ripple's stablecoin will rather rival the USDT and not the USDT.
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What is even so secretive about gambling that we can't share with our spouse? Gambling is not criminal, and neither is it a stimulant that can injure one's life, it is just part of the way of life, an activity of betting, it should not be secretive at all, especially if we are wise about it. But if you know that your spouse would frown at it, it is better you quietly it immediately and quietly. That's if you can tell him or her directly. Still, I advise that people tell their spouse so that they know the direct response. Who knows, the whole situation might be surprising to some people as their spouse could accept it, especially if the gambler is living a quality life and is responsible towards gambling to the extent that people may not even know that such a person is gambling.
This is the kind of gambling lifestyle we want, everyone can be proud of this, unlike the way most people go about gambling which makes people view it as irresponsible. Lastly, good family members, especially couples should be able to know everything about themselves, so letting the spouse know about this is the best way out. Unfortunately, keeping it till the spouse detects by his or herself may lead to more issues/damage than telling him/her yourself.
Maybe for some people gambling is okay to be share to their spouse but for some people, that is a secret that no one needs to knows. As long as that person can be wise using gambling and can be a responsible gambler, she will not have a problem when playing gambling or after she finish playing gambling. But there are a chance for her to gets deeper in gambling, especially if she lose control while playing gambling. She will not gets a help from anyone when she gets a problem from gambling and that's why she must tells to her spouse about her gambling activity. If her spouse knows about her gambling activity and he is not agree with that, he can asks her to stops his gambling activity for her own good. Our spouse will suggest the best thing for us so we will not makes a problem for our family. If someone used gambling as his lifestyle, he will not be able to follows because playing gambling needs money while we have many things to be filled. It's better we can used as an activity like the other activities and not playing gambling too often to avoids many problems or impacts that can occurs while we interact with gambling. If we wants to playing gambling, we must have self control and responsible in gambling so we don't have to lose much money and can still enjoy gambling as an entertainment. I am not judging anyone but what you just mentioned in the first line is one of the issues with marriages these days, why end up with someone you can't share everything with in the first place? That's what the person will have to live with for the rest of his/her life which I don't think is cool. I understand that relationships are not the same and we have to "dance to the music as the beat sounds," nevertheless, if such a little matter can be hidden, much worse would be hidden/pretended as well which will not make the spouses to be plain with each other and I do not see that as a good relationship. This is sad. I do not want to sound like a relationship expert but a concerned fellow. I won't ignore the fact that I love peace in every relationship, which will always make me advocate one mind in relationships, or quit if that is not possible to avoid future issues. Gambling matters is the easiest thing I believe any free spouse can discuss, and for the good of the family, the resolve of both of them should be the final. After all, gambling is not a must, you guys may resolve into better things that will even be more beneficial to the family than gambling. Thankfully, you mentioned the spouse possibly helping in case of addiction or gambling challenges. However, if the spouse does not share the gambling issue but rather wastes money which affects the family both directly and directly, that can't be cool. |
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However, it is a means that can reveal our identities as well, which is the only valid issue people always point to. Because such identities revealed to the company through the KYC could be leaked, thereby compromising our privacy in one way or another. Nonetheless, once you are a centralised company, you must obey some regulations and rules, unless you are not answerable to any country or authority. This kind of arrangement will even make customers wary of such companies and might reduce patronage which can bring about liquidity to the companies that aspire growth.
Once you provide your kyc forget about you identity, it might not be revealed to large number of people but what I do know is they know about you already . Apart from leakage, if a company later becomes a scam I guess that sucks even more  , although we have nothing to do about it maybe someday inches future the system of Kyc will be completely scrapped but for now we have no choice than to continue paying our kyc debts.... and for the companies they will also continue obeying the government once they need some details about a kyc in as much they are under the government unless they don't want to lose their licence and go off business. This is my only concern about KYC, but we do not have a choice if we want to abide by the terms and conditions of the companies we deal with, and they also will have to obey the law of the land they domicile and follow the directive of their regulators. I believe that the government also would have weighed the risk of sharing our data with other parties in the name of KYC and the benefits of the KYC itself for them to have concluded that we should continue to do so. The benefits would have outweighed the risk to have warranted that. I am certain that sharing our details with companies exposes us because I remember that strange numbers would just be calling me and trying to persuade me to be their customer, especially when I just signed up with a certain company. I also received emails from the companies I never signed up for through my official email address which I only take seriously formal. These can only be possible through data leakage and the completion of KYC is responsible for that. But this can't end as you thought, it can only be done better. Perhaps, in the future, the government can restructure the way companies cheaply have assets to our details, what if they are bad? Each government might create their national data bank for this purpose where details and documents can be dumped in favour of a certain company and get verified instead of the companies themselves. By that, the companies would have satisfied the government's demand but not necessarily have to possess the documents of their customers directly, except for the communicating details like the email and phone number for security reasons. |
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What I see here is that most people reviewing Fiat and Cryptocurrency are often too lousy, but always, my resolve is that the two will continue to coexist. We should not place one over the other as both have their advantages and disadvantages. Even when we weigh the advantages and disadvantages of the two, I am still certain that Fiat will win Cryptocurrency in this regard. Notwithstanding, we should respect the two and let them continue to serve us when we need them and for the purpose we need them.
Going by the context of this thread, a few of the ways Fiat outstands cryptocurrency are stated below:
1. It is reversible. Those who did transactions wrongly, or were scammed, or got their account hacked but later detected and seized will appreciate this better.
2. Fait can do without crypto, but crypto can't do without fiat. This is evident in the way we exchange our cryptos for fiats before we can spend them in most cases.
3. Its centralisation has enough advantages than people think.
4. Your lost access to Fiat can also be recovered.
5. The high volatility of crypto is more disadvantageous to rely on than to trust.
6. Loss of assets when you die.
7. Higher accountability and economic growth of a country.
8. Higher investment opportunities.
9. And many more...
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Bro, above all reasons, sentiments, wants and wishes, your country must come first. Damn what the citizens are saying about it or the benefits they get from Binance, the exchange cannot reap from the country and not remit the needful taxes for the benefit of the country. It is either they allow the fortune to be well distributed among the concerned parties, or they forget about the relationship with your country. It is never too much for your country's government to ask from an exchange. But it was certain Binance didn't want to cooperate with them after giving them enough time and even extending the grace by an extra month. They seem to want to gain ALL which is so selfish.
Also, they might be afraid of the money laundering activities that could be uncovered if they allow the country's government to oversee a lot, which is normal. You can see what is happening with the US branch of exchanges and how they uncover a lot of cheating, price manipulation and illicit financial flows. I wonder how rotten the global branches of these exchanges would be. It would be so unspeakable, is this what a responsible government would allow to be going on unabated despite having a link to their country?
It's because the local exchanges have a larger spread and the rates are better with Binance. Can't control the minds of the people if they say that for real and they're everywhere if there are news on it that are posted on social media, mostly swarmed by our fellow countrymen that don't like the decision but anyway, there's a new update that even the app will be banned soon. I quite understand you and also share in the pain of the Philipines, but, I repeat, your country must come first. I share in the pain because it happens in my country too. The P2P initiative and even the direct internal transfer to our bank account from Binance and other exchanges are the best, they have the Buying and Belling prices that are good with a very ridiculous spread in most cases. This means that you part ways with a very little amount of money if you Buy today and Sell tomorrow, or Sell today and Buy tomorrow. This obviously put an end to the undue dominance of the local exchanges that I can only term "Rippers and Extortioners." I started using the local exchangers services many years even before the introduction of Bitcoin and I've exchanged a whole lot of different digital assets with them. The service is always the same, even as they dominate the market in the manner of no competition but for ripping purposes. Crypto exchanges however put an end to that. For you to understand how bad it was in my country ($), imagine, quoting the Buying price of an asset to be $2,000 and the Selling price to be $1550, leaving us with the Spread/Charges of $450. Is that not wickedness? That's what the government is forcing us into again. Well, let's just take it as collateral damage, a price that must be paid before exchanges do the needful, because our governments are not at fault here, they are only demanding for their rights. |
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