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81  Economy / Gambling discussion / Re: Betting strategy question on: July 07, 2023, 03:25:03 PM
I don't think they always think mathematically, because if you do it, then you'll realize gambling has a negative expected return.

Basically, you will lose all your betting money eventually if you continue playing because the casino has advantage in the odds.

The only way to continue playing has to be non-mathematical, like emotional for example.
Not always, but they never think mathematically, because as you said, if someone thinks mathematically and calculates the results even before gambling, they would know that it is not going to provide them with any income because winnings in gambling cannot be constant, you might lose constantly but you can't win constantly in gambling because of the house edge which is why they say that the house always wins.

Those people who take gambling as a way to earn income are emotional and have no control over their emotions at all and that is the reason why they barely get anything out of the money they put into their gambling activities because someone with enough control would stop when they are losing constantly and try their luck later with the same money which is a wise decision.
82  Economy / Gambling discussion / Re: Lotteries and possibility vs. probability on: July 07, 2023, 03:01:21 PM
Lottery here in our country runs a charity where people could ask for financial assistance when they are sick or badly need it for health emergencies. I have not tried it yet but I have seen people who go there, queue, and try their luck to be assisted.
How can lottery be used for charitable means and can help residents.
I don't see he was said the lottery is used for charity, but he said the project which run lottery runs a charity, which mean the project is helping the needy people. This is called as corporate social responsibility in finance, where the company help the needy people. Although it sounds like the company has a good sense to help other people, but the dark side is the company actually use this as an another marketing strategy.
There are positive and negative sides to almost anything in the world, we shouldn't judge a whole sector or an industry only based on the positive or negative sides it may have, but we should only see the positive sides of it. I know that there can be projects or companies that might misuse the funds they get in the name of charity, but I'm also sure that not all companies do the same thing and there are also genuine trusts that actually use the money for that cause.

Trusts usually get a lot of funding for charities and they do give out most of them except the expenses I'm sure because they need to spend money for that too surely, and if a trust runs a lottery, they would surely get a lot of spare money even after paying the winners, so it depends on who is in charge of the trust to know if they will actually give away all the money to charity or will take most of it themselves.
83  Bitcoin / Bitcoin Discussion / Re: The Relationship between social media and Bitcoin on: July 06, 2023, 05:15:25 PM
How people trust social media and what the damage can be if it was informed Then people would never have blindly believed media. Social media is one of the tricks to fool people these days. Firstly, people are attracted by different types of ads or news , Then they take away their wealth from people in various ways. There have been many reports of bitcoins being hacked from wallets. Various sites have been hacked and looted of their tokens or funds. A few days ago USA issued such comments against Binance. If such big exchanges are doing this then who will we trust.
First of all, let's take out the US accusing Binance of doing scams as that out of the conversation because that's a totally different agenda and requires discussions and arguing separately, and let's talk about the negative influence of social media over people's wealth and possessions. I totally understand that scammers have made social media platforms their hub for gaining victims and looting them out of their money with different tactics.

But if I am honest, it's not their fault alone, it's us who get greedy very easily and fall into their traps because they generally use this tactic of promising high returns on investments which we think might be our opportunity to become rich overnight but in reality, it's going to take away what we already have. So, people need to be more careful and vigilant and understand that there is no easy money anywhere in the world.
84  Alternate cryptocurrencies / Speculation (Altcoins) / Re: cant found 1000x !!! Should i make my own project ??? on: July 06, 2023, 03:22:14 PM
That's the uniqueness of meme token. You can only find 1 legit project from hundreds of thousands project that available in the market. Im thinking if your coin will have same fate as shit scam meme token if you are making a new one. You shall not need to make your own project.
Just stick with the legit coin that is exist in the market right now. forgot meme token this time.
No not only one. Doge coin and Shiba Inu are just two of the few meme coins who are legit and are still here although we are not sure yet if they will do much when the bull run returns. Still, I wouldn't call meme coins unique but almost of them are actually the same. They have no special use case other than being a pump and dump vehicle. There are known meme coins who built another project under them but the idea isn't that new at all.

It already exists before on non-meme coin. I agree with your advice. We don't want another garbage token and we don't even need a non-meme coin anymore because we have tons of coins already in the market and almost all ideas are already given.
85  Economy / Gambling discussion / Re: Can Chat GTP destroy poker on-line gambling??? on: July 06, 2023, 02:23:41 PM
Correct me if I'm wrong, but I think it will never happen because it's impossible by design for a poker site to lose money regardless of however talented poker player or advanced AI is playing on the site. In poker tournaments the house takes its money, from 6% to 10% out of each ticket bought, before the game has even started. After that the house doesn't care about the level of players and who wins and who loses.
You are right, people utilizing AI models to beat others in poker won't actually affect the casino directly since they already get their fees from the games, but there can be one thing that might be disastrous for the casino, and it's the genuine players leaving their platforms only because there are AI models playing against them and they aren't being able to beat them, that will surely cost the casinos a fortune in the long run.

So to prevent that from happening, casinos will surely need to take action against those accounts which are utilizing AI models to gamble as it won't be difficult for them to detect that if they also make use of AI and ask every player some questions that only a human user can answer.
86  Economy / Gambling discussion / Re: How do you stay updated on: July 06, 2023, 11:49:59 AM
For all the information you want to find out, you will get all the answers if you ask the Internet Google yourself without anyone's help. And you keep following this boxing game that you can watch on youtube and watch everything come true at some point. And later if you want to learn boxing then you can definitely find any club or gym which is being taught in our country. It takes a lot of effort to learn such a game and if you want to bet, there is a lot of stake in this game.
But don't immediately believe any results you get from Google because now there is a lot of fake information that we find from Google. You should always compare the results you get from Google with other sites to find valid information. As long as a person is willing to learn more from others, I think he can certainly improve and if he wants to know about his sport, he can also learn from many sources. This will provide more valid information and if he wants to place a bet for a particular team, he will surely be able to find the information.
The first priority for anyone looking for valid and trusted information regarding a sport they like is to follow news handles on social media platforms and the official accounts of the teams and players as well because these channels will never share fake or falsified information and you will always get up to date data and information about the teams, the games they will be playing, any injuries, any squad changes, or whatever you can think of.

After that, the trusted sources to get information from are probably the websites of official channels that broadcast those matches or the news channels that cover the matches and provide correct information and updates, one such channel is ESPN and which also have a website that one can follow for updates and news.
87  Economy / Gambling / Re: Looking for Website Recommendations on: July 06, 2023, 10:03:04 AM
having your own betting site will force OP to have to invest a lot of money, just to have the site itself, something unique and original made just for OP has a very high price, then you have to hire a team, which is also money because they are people who need to receive a salary and it is not a meager salary that they accept, then they have to have a license, according to what I read once and if I am not wrong the license is something that they also charge money for any casino to have, so that it means that OP would also have to pay to have a license.
A good affiliate has their own network, they spend a lot of money to bring targeted traffic. To reach the traffic they spend a lot of money, and the site owners basically received this traffic almost for free. If there is any conversion, then they only pay otherwise their cost is zero.

Yes, there are other factors which a owner needs to worry, technical aspects, accounting, customer management, website maintenance, the Bankroll adds too.

From the description of OP, I feel he is master in bringing traffic. Someone like him can partner with someone who has ability to look after the rest instead of being just an affiliate.
Basically, being an affiliate means having a passive income, because once you've got the referrals directed to a platform and they started using that platform under you, what you earn after that is all passive income since you won't be doing anything at all, but what you are suggesting is not that simple and requires a lot of constant work, if you are partnering up with someone for running a platform, you will need to bring traffic constantly and one-time isn't enough.

So he might not be up for the task if you suggest them to partner up with a casino or someone to create a casino since he is good with bringing targeted traffic, what he basically does is direct his network towards a platform and then earn passive income, I'm not really sure if he works constantly on bringing new referrals or not.
88  Economy / Gambling discussion / Re: Why do you favor betting on spesific sport? on: July 05, 2023, 07:21:10 PM
Apart from winning or losing, I believe some people bet on sports matches because they have a genuine love for the sport or support a favorite club. As a fan of the English Premier League, it's incredibly exciting to watch the matches every week. Meanwhile, the bets I place add an extra layer of enjoyment to the experience.
It is true that some gamblers bet during the game of a team they loved the most. There are some gamblers who bet on their team even if their favorite team is relatively weak and also some gamblers not only bet on their games but also bet to enjoy the game of their favorite team. Some of the gamblers only bet on selected matches after analyzing various types of data. Gamblers continue to support their favorite team despite knowing that winning or losing in gambling depends entirely on luck.
Winning or losing doesn't depend entirely on luck when it comes to sports betting, it is something that is applicable only to gambling games where nothing else can make you win or lose despite your luck, but in sports betting, your knowledge and experience and your research and analyzing skills play a great role towards your wins and losses. If you lack all these things, you will find it difficult to get much success in sports betting.

So the gamblers who bet on their favorite teams only to show support mainly do it because of the emotional connection they have with the team and not because they are trying their luck with the bet, if they do proper analysis, they won't bet on their favorite team since they would know it's weaker than the opponent.
89  Alternate cryptocurrencies / Altcoin Discussion / Re: How big is your optimism for crypto investment? on: July 05, 2023, 06:44:10 PM
Seeing this type of news from people in this category, with so many years of experience in the cryptographic market who consider that investing in these assets continues to be and will continue to be one of the best decisions that could be made, since it will probably continue to bring surprises later. , they fill one with confidence and security, but for those who until now are entering this world and are afraid of what will happen. And I wonder how many people in this forum who have also spent years learning and handling cryptocurrencies, specifically bitcoin, think the same way as these influencers. How great is your optimism that increases in volatility will be seen again? Increases that could become historic.
Those who are afraid of entering this market are those who have just seen Bitcoin and other cryptocurrencies in the bear market, they think that they crash very badly since Bitcoin crashed from $69k to $16k straight and anyone who is new to it will get scared seeing that for sure, but those, who have been around since the beginning or when Bitcoin wasn't worth much, will not have such thoughts at all and I say that because I'm one of them.

I've known Bitcoin since when it was only worth $400 a coin, I didn't know back then that it will get this much success and will gain such a high value in the future, there used to be only an easily countable amount of people who used to know and use Bitcoin back then and look at it now.
90  Economy / Gambling discussion / Re: Are there real sports bet groups on: July 05, 2023, 02:18:03 PM
If someone claimed they have the right strategy for gambling and winning more times than losing, why can't they use the strategy for themselves and change their lives first?

They often claims that, they can’t bet on the games as they got limit for winning in all the sportsbooks. Hence they tip other people with predictions and take a small percentage from their winnings. But I call this as scam. Maybe yes 1 in every 10,000 have a good prediction or fixed match. But rest of the time, these are just scammers, who wants people to bet on their own predictions. If the bets are converted into wins, they will just take a small share and move on, and if the bet results in loss, then they will just give an excuse or simply block you. So yes avoid these types of scams.
One simply cannot get limited in every single sportsbook if they haven't done something against their rules or broke a law or something, and when all the casinos limit a single user, it simply means they have violated a global casino term and condition that almost every single casino share in their terms and conditions and they might notify each other about fraudsters or cheating players so that all of them can stay safe from them and don't allow them on their platforms.

So this excuse is definitely not true if a tipster says that they have been limited everywhere and that is the reason why they are giving out the tips to earn some money because they can't bet themselves, that's bull****, and no one should believe someone who says such a thing at all and better do their own research and analysis about the games.
91  Economy / Gambling / Re: is KYC data on Gambling sites safe? on: July 04, 2023, 06:22:21 PM
If you data is secret - the best way don`t share it. Nowadays we see how big companies loose their clients data. So when we talking about casino - we have to assume that our data would be stolen. But as for me - we lose our data every day, and if you worry about it - you mustn`t provide your data anybody, not only casino.
The way things are these days with centralized businesses with regulations and licenses and authorities suing and seizing companies and websites, I doubt if users really have any choice. To be able to gamble online, you will either need to provide KYC information or choose to risk your money by choosing a platform that doesn't ask for KYC but isn't trusted and reputable, now it's up to a gambler which of these two options he chooses.

Personally, I would rather choose a trusted and reputable platform and complete my KYC to experience uninterrupted gambling instead of using a platform that I don't trust nor does the community to risk my money and I might not even be able to withdraw if I manage to win something significant.
92  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: July 04, 2023, 04:59:25 AM
It does not matter how good the player is. If Dortmund is making a good profit they are going to sell the player for sure. And of course, Dortmund was making a really good profit by selling Jude Bellingham. I mean this has to be really good for business. Otherwise, there is no reason for them to keep doing this again and again.

Of course, I know that he was sold for a huge amount of money. And that’s what Dortmund needs after all. Trophies. And they are also not going to change this approach Any time soon in my opinion. There was a time when I was really hopeful about Dortmund winning the Bundesliga title. But now I have absolutely forgotten about it. Because I know this is not happening.
Borussia Dortmund is second most financially strong club in Bundesliga, and it's all about with their business model which is working for them in last one decade they are bringing young promising players and selling them for the huge profit, and they have never been any intention to win trophies because their business is giving them better profit with this way.

In last few years they sell big players like Haaland and then now Jude Bellingham to Real Madrid and now having few youths again in their camp which is surely going to be big assets for them in next few years.
We can expect few other clubs as tough competitors for the Bayern Munich instead of Dortmund because they have never been love to win title which is surely wired because sometimes they need to change their way for the win as well.
93  Economy / Trading Discussion / Re: Better to have a trading knowledge than depending on signals. on: July 04, 2023, 03:03:32 AM
Your opinion is 100% correct. It is better to always rely on yourself than on the thoughts of other traders or just people. I think that the result and the answer are quite obvious.
Taking other's thoughts as guidelines and doing your own research on top of it can be a good idea, but relying totally on them is definitely not a good idea in my opinion too. Even if you join a signals group or subscribe to a service or something where you get signals from, you shouldn't just see the signals and go ahead straight into the market and make the trades as they say, you should first analyze the signals yourself and the coins and their buying and selling points provided.

To be able to do all that, one must definitely equip themselves with the necessary knowledge about trading and trading tools and techniques so that they can do the basic research and analysis about the signals they might receive or they might not even need them if they can do all that themselves.
94  Economy / Gambling discussion / Re: Ads for online gambling should be banned. on: July 02, 2023, 05:41:23 PM
Well that's Australia for you, maybe they are aware of the bad impact of gambling on their citizens, most especially the young ones, but honest they care that's why they are doing this, other countries are gaining a lot from casinos and they don't care what that is doing to their citizens of the country, still this won't stop anyone in that country from gambling, they already know about it and people can still influence other people to try their luck with gambling, if they really want to stop this, they should ban gambling in the country.

The government of the country can come up with a better idea of letting it's citizens know more about gambling responsibly, I read the news and it's saying that gambling is all about winning some and losing more, and that's accurate, I believe there are ways they can prepare their people to limit or gamble responsibly too.
They probably find banning ads more easier and convenient than hosting seminars, doing events, and spreading messages about responsible gambling, etc. And, I believe they are just against online gambling which might also have something to do with cryptocurrency gambling since the whole world knows how popular cryptocurrency gambling platforms are becoming which might not be what the authorities want since it will make their citizens use cryptocurrencies.

We all know that a lot of countries are indirectly against cryptocurrencies and the blockchain movement, so they don't want cryptocurrencies to be used in their country by their citizen because they believe it provides them financial freedom and they will have private and secure storage of wealth.
95  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: July 01, 2023, 08:08:34 PM
Currently there are 3 matches have been started in Champions League and the score are big for 3-0, 5-0, and 7-1.

I don't really familiar with the clubs and I think most people would be same as me, but it seems like those unknown clubs matches often to score many goals, this could be a good chance to bet over 3 or 4+ goals because the odds is worth to bet.
Yes, I agree and even though sometimes they only score a few goals, but in reality, they often score a lot of goals. Therefore, betting on over xxx goals and also, betting for both teams to score can be a good option. Of course, each of the available odds might give a little description or prediction of whether the option will be the right choice or not. But with regard to mediocre teams like this, then of course betting with feelings can be interesting, because when betting on a team that is not well-known you don't have many sources that can be used as material to predict it.
I have completely different opinion about these matches instead of betting just check data and details of these matches are much better for the future because here we have not guaranteed about hem how they play and what will happen in early rounds mostly teams are without any experience and good players.

Now we have next round matches on 11th July with many big names are going to join here, and few matches are worth to give a try for the betting even right now odds are not available but after few days things will be clear and surely many will be jumped into this for the good results and having good profit for the start of next season.
96  Economy / Gambling discussion / Re: How do you stop gambling (sports betting, casino e.t.c)? on: July 01, 2023, 10:28:03 AM
One of the ways we have to do things to overcome others is to have another type of entertainment in mind , how ? doing sports, doing activities to get organized and stop thinking about what is causing damage, when the damage is very strong , it is very obvious that you need help, therapies, rehabilitation, because sometimes addictions can become so strong as to Overcome certain emotions of People and have a direct influence on your life, and that is what should be avoided. As adults, you always have to be in Control of Everything and not let yourself be Defeated by Adversity.
I've considered numerous times how to stop gambling; it's a dangerous path that no one wants to take. Stopping gambling is not something you do immediately or in a single day. This generally takes a long time before one can totally distinguish themselves from addicts. I do take the time to check the recreational activities that would divert my attention away from gambling; it takes time, but no pain, no gain. It's heartbreaking to see our contemporaries become gambling addicts. I understand their desire for financial freedom, but gambling is not the way to achieve it. It will only lead us into huge debts, forcing us to sell our possessions and valuables in order to settle everything.
At least you have something to get your attention diverted, that is what most gambling addicts lack, they don't have anything else to pay attention to, that is the basic reason why one becomes addicted to gambling because they don't have much to do or they stop doing other things only for gambling which then becomes a problem and even if they want to do other things, they can't because the urge to gamble doesn't let them stop and go.

You are right that it takes time and courage to conquer this, if someone who is addicted to gambling has someone very close to them assisting them in this, they can do it more quickly because their close ones know what you like to do and they can make you do that along with them.
97  Economy / Gambling discussion / Re: Can Chat GTP destroy poker on-line gambling??? on: July 01, 2023, 08:29:01 AM
If there is already coding, it is like saying that it is in a space where anything can be developed, the hack is only a step so that they can have access, if we start to see, what remains for the development of the AI is time but perop a short time, because the AI learns quickly and with training, so these things that have to do with casino software is a matter of giving it and giving it until it beats it, and that is with trial and error, if that they put it into an account it can make a casino get the hang of it and get in, well that's what they can't do, I'm not an expert on this subject, but I think that's how it works.
I think there will come a time when AI will be able to code itself so that it can hack systems in many businesses, not just casinos. But we don't know when that will happen, and for the time being, it looks like AI development is still ongoing and needs some more time. I don't know what the development of AI will be like in the next 5 to 10 years because AI technology will develop rapidly. Perhaps, as you said, AI will work later but still needs more time.
That won't still be possible if without us humans. It's the human who will code it first in the AI before the AI can automatically do it by itself. If we teach them to hack something I think that is inappropriate anymore or unethical in other terms. Only the legit hackers will think of it.

We shouldn't worry though because there must also be a counter to it. There are good hackers too, you know. Hackings are not a new thing anymore. They can only improve but if it's being done rapidly then I don't think it can take 5 or 10 years for them to release a brand new update but within that time frame, there were lots of updates already that are finished.
98  Economy / Gambling discussion / Re: Are you guilty of promising not to gamble for specific days but back next day on: July 01, 2023, 06:00:39 AM
This really sucks. I had the same thing in my gambling history. Sometimes I want to bet on football matches so much and I can't be even patient about it. I mean let's say I'm normally betting on only top leagues on weekends. But in my impatient times I start to bet on leagues that I don't even have any idea about.

These times end up with losses most of the time of course. After this I get more frustrated and can't stop myself from continuing to make bets continually for a while. Just because of this addiction I lost a lot of money once and finally managed to stop at a point. I have managed to deal with my problem for now and I will try my best to not repeat it.  Smiley
Let's hope that you don't lose control again and start betting recklessly once again because we all know that the urge is pretty strong that if you were once an addict, you find it very difficult to control yourself and keep yourself away from it. You may not need to keep yourself completely away and may make some calculated bets on weekends just like before, all you need to make sure that you are totally calm and collected and only betting on matches that you know and understand pretty well.

It's actually not too difficult controlling ourselves once we get a hang of it, but the initial stages are when it gets totally out of your control, no matter how hard you try, the urge makes you go there again and again, but if we overcome that and keep our minds in control, we can be great later on.
99  Economy / Trading Discussion / Re: Better to have a trading knowledge than depending on signals. on: June 30, 2023, 05:19:28 PM
It's a must for every traders to have a knowledge about trading. Because if you decided to trade with an empty head about it then you're just gambling your hard-earned money. Hence, if you value your capital and would like to make it grow, it's necessary to follow the basic rules before engaging yourself in trading. That includes gaining knowledge since it is one of our key to succeed in this career.

On the other side, I have nothing against using signals if you're not really confident of what you know and just want to be certain. Signals might help but the question is, is it reliable? or you're just spending your money for nothing. If it's working then why not, but prioritize to have your own understanding about trading so you don't have to rely on signals or to anyone.
One should never rely only on signals, I would even say that traders should do their own trading with their own analysis and everything because you have your money on the line and you can't just risk it because someone else gave you a signal, even if someone wants to use signals, they should at least learn to trade themselves first so that they can check the authenticity of the signals provided because these signals are not always accurate.

So it is obviously important for someone to learn to do at least basic analysis and chart reading so that they don't lose their hard-earned money using signals from people who are earning money by them and don't really care if the users using their signals lose money or gain profits.
100  Economy / Speculation / Re: Microstrategy buys again! on: June 30, 2023, 04:40:12 PM
Its scary if they started to take profit from this, well this is how rich companies do nowadays, and those who holds more can have a great power and influence in the future. This might be one of the reason why the price pumps, and hopefully it will start from here. If they will hold half of the Bitcoin supply, that can be more scary for sure let’s see what’s their real goal for this one.
Since their average buying price is at $29k, they might start taking profit after the price reaches maybe about $40k or something, but that is just an assumption and we cannot know how long they plan to hold on to their assets, they might not have a plan to sell very quickly because they probably know that Bitcoin has got great potential and it can greatly benefit the company, that is probably the reason why they have bought this much.

About them having half of the total Bitcoin circulation, I don't think they will do that at all because that will need a very huge capital and they can probably not be able to invest that much in Bitcoin or they might go bankrupt and even if they don't that will be an extremely high amount to put on risk since Bitcoin's price can go down as well.
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