Don't play those games where your chance's of winning is very low.I always avoid roulette,slots and keno because these game depends on luck mostly and house has much advantage.Try blackjack, because it's depends on your skill mostly.
We are certainly going to have better luck gambling on a sports book or trading on binary options. And we can be smart about it by “not“ playing the games in the first place. I agree with you on sports betting, but playing with binary options isn't really an intelligent way of gambling to me. Sure, it looks like trading, but those split second decisions are almost impossible to call right every time in the long run. Sport betting already has a few successful story as shown in some of the prediction thread in this forum. And it is 100% legit cause they publish their prediction before the actual match. In binary options, it is more about the transfer of btc from one hand to another. If there is no loser, there will not be any winner, so it is still not as reliable or skill dependent as sport betting. |
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 Just as I moved out of KingDice and also got punished by BitVest according to OP's charts history and also from what i have been seeing from bitvest, i have to say they are performinig very badly. i wanted to invest there too but with enough study of their past i realized that it is not such a good idea to do it. at least for now, i don't know what is happening there but it is mostly loss. yeah no idea what is happening there, but the bankroll investors have been destroyed multiple times over the last year... Bitvest has huge multiplier so occasionally there will be huge payout that will put the bankroll is huge suffer. But if i am not wrong, the program should be tracked so that they will make sure that they have profit from it sufficiently before the huge payout happened. So it really depends on where you enter, if you are there for a long time, i think you are still able to profit out of it. |
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i think the worst mistake that i have made is to follow those predictions. Many threads have shown that they can profit from their own prediction. So i follow 2 of them and even subscribe to their daily premium predictions. I end up losing 0.5btc and bet even more to try to cover back cause they say it is just a moment of unlucky. I lost up to 2btc in total.
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Man, I haven't watched most of the movies listed in that poll. I like the Ocean's movie series, Brad Pitt is cool and a bunch of famous A++ actors were in it as well. Although the whole movie consisted of just stealing items and sort of blackhat Casino playing, it was nice to see the dark side of Gambling because there isn't as much movie directors doing those type of movies. Another cool movie was Rain Man:  http://www.imdb.com/title/tt0095953/I don't know if anyone seen it, it has Tom Cruise and Dustin Hoffman in it. I recommend it to anyone who actually bets without reasoning. I think i have seen it. If i remember, this is actually based on a novel right? It is about the guy who has some problem in daily functioning but he is quite good in certain aspect. I may have get this wrong but it is really a long long time ago movie that i watched it once. |
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I am going to do both, to me, the trading and gambling is almost the same, there are opportunities to win and lose. for a percentage of gambling is 70% and 30% for trading.
I guess you need to change the percentage upon doing trading and gambling. Because putting more percentage in gambling is going to make you lose a lot while in trading you only have smaller chance of returning big profit. But its up to you, I'm just saying that if I were you, I'm going to make it 70% for trading and remaining in gambling or you can do a 50-50. That would also be my advice because betting in gambling is too risky. You might end up losing all of your money. While inntrading, you can control the risks. Of course there are advantageand this advantages for the both investments. The highe the risk, the higher the possible return! In gambling, it is very likely that you can end up all the btc. In investment, it is very hard to loss all the money unless the casino run away with your money. But if a casino can run away with your investment, similarly, it can also run away with all your deposit in the casino. So the most important is to choose a rep casino to play/invest in. |
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Week 27 Update - Our 5 BTC intital investment is worth over 6.5 BTC! Cannot complain with that    Yah, it is a great celebration to have. I still remember just weeks ago you have finally cross the 6btc milestone. And the up and down make that 1btc profit so rewarding. However, with months of experience, you have managed to identify strong btc casino and this 0.5btc is so much easier to come along. Investment comes better with experience. Hope things will continue to go well. |
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For how much time do you usually let your money invested in a casino before finish or renew it?
I'm thinking about my first investment for a week or so now, because I still haven't undersood some monents in the system. Can I lose my stake even if the casino is running well or can it happen only if something goes wrong with it? And I can't realize the difference between long-time and short-time investment as well, so I don't know how much longer will it take. There is no definition to determine long or short term. Usually for btc with such high movement in prices, investment in 6months/1yr can be considered long term. In real life investment, even 5 yrs is considered short. |
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Never thought of that, because there are sites that I know but I never know how much profit are they getting every month or week. Why not ask them, PM the owner and tell him that you have an interest doing some investments and ask if how much are they getting, though i think it will be rude. But the point is, you are investing so you can get profit so you are just being careful about it, so just ask them.
There are sites or even some of the posts found in this section that keep track of the profits. So you can just visit these sites to find out more. It is easier as compare to asking the owners for the details. However, there is no promise that you will make money even though they have been profit in the past. The best is to put your btc for a long time to bear through the up and down. |
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I usually play dice and sports betting. Dice is one of the first ever btc gambling and from then, i have been playing with it. On the other hand, sport betting is fun. I bet with the sport i like to watch like soccer and basketball. It makes the game more interesting to watch too.
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Hi. Thank to all participants for a successful stage 15 of our campaign, in about 72 hours you will receive payouts and bonuses. The campaign is still going on so we encourage you to participate. Thank you.
We are full but recruitment continues. New candidates can get a chance to join the queue and get a chance to receive stage bonus if meets our requirements. Please read our OP. Thank you.
Stage 16: 2016-01-27 00:01 Forum time - 2017-02-25 23:59 Forum Time
Stage 16 Bonus : TBA
Thanks for the signature campaign. It is the best signature campaign that i have ever been. And that is also why i am been here for the past 15 stages, turning from hero to legendary rank at the same time. |
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when there is wager involved, we are changing on the way we are treating a thing. And since we are betting with bitcoin which is a real currency that is why we treat it carefully.
Honestly I am into gambling because gambling gives me the opportunity to get bitcoins. I tried many gambling but only with sports betting I am also able to earn some bitcoins. Only because of sports betting I believe I started gambling in smart way. If I am not getting paid in bitcoins, surely I would not have tried to gamble smartly. Not all the times gambling gives you an opportunity to get bitcoin are you not loosing? And you still keep earning this is nice that you manage to win that straight because i can't in every 4 win i encounter 1 lost in sports betting even thought im always betting on the side that i know they win the game. Even if you bet only in sports you probably will lose. Most gamblers still lose even trying their skills in sports. The games are unpredictable, there are favorite teams, but nobody knows if the favorite will win. The site where you bet always make profit, but most players not. And that is normal, as we are talking about gambling. The benefit of sports is that you can at least predict from your past experience. Mostly the prediction in sports come correct so there is no much chances that you will lose in sports betting. Only in some cases a person lose because of luck or sport fixing. - In sports, we can use the experience to analyze and predict the results. The analysis is very important - We can win based on analysis. I enjoyed sports betting because it is not entirely dependent on luck There are a few gamble/bets that you can profit from it. Sport betting is one popular gamble that people can profit from it. Even some people in this forum has proven that they can make a lot of profit by posting their predictions. Their analytical skills are so powerful that some other people are willing to pay premium price to receive exclusive predictions. |
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I prefer play with profit but if i win a lot of profit like 50% of my invested bankroll then i will stop playing for that day and play another day because i've always experienced in the past that every time i play longer i always bust everything.
Longer the time you spend in a gambling site the more chances are there for you to bust and it is simply called house edge  I would book my profits and keep the initial capital away from the gambling site as you never know when you are going to be busted. it's same thing i guess , when you decide to play with your profit or not. as sooner or later you would make a comeback and gambling again with that profit fund. unless if you quit forever from gambling after the last winning , it would has different story. so there is no difference for me. For me too. Tried this before to withdraw the winnings and then left the initial then after awhile lose what is left so I decided to deposit again. So I think it will only be different ifn terms of what I withdraw when I won. And what will I deposit again when I play again after losing. yeah that's why a lot of casino have a longlife rather than the players. when a casino have guaranteed to have profit we are guaranteed to lost in the end of each session no matter you have given a win first. and there is an addiction waiting for you, whenever you can't stop playing and make deposit. This also proves that why a lot of btc casino dont mind giving you a bonus whenever you deposit btc. This is because of the design of the game where the odds are always against you. And by forcing you to play for a long period of time, the outcome will tend towards the probability and that is why the casino is confident in getting back the btc inclusive of your deposit. |
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If I manage to win some big amount. I'd like to give about 30-40% in charity and will spend most of the remaining money buying gifts for family and friends. The remaining goes back into gambling or you can call that investing.  This is one of the most silly thing i ever see. First, you manage to win a big amount is due to luck. Casino wants to take money away from you and is not a charity organisation. It is pure luck that you win one time and this does not promise that it will happen again. In fact, it is more likely that it wont happen the 2nd time round due to the natural of the odds in the game. So it seems ridiculous to say that you call it a form of investment thinking that you can keep profiting every single time. |
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I think it is better to invest than gambling
but if do you have a lot of money you can choose both. Invest in some altcoin and hold it for the long time
maybe you can get a lot of profit in the future.
You can always do both and both looks like gambling. Investing is also risky, same as gambling. But anyway, if you wanna go long on investment, don't go with altcoin, go for bitcoin, that is way more practical. Keeping an altcoin is also risky, some of them die easily... With bitcoin you already saw it's track before, so probably in the future it will be like that, it will go up and down. - We can not predict the future, but I think the investment is safer gambling - Why?, because we can rely on the experience, skills, analysis when investing, it allows us to control the losses and profit - But gambling is not, we can not control. Strategy and analysis is nonsense, completely dependent on luck When people try to invest and they end up losing, they will keep saying that investment is a form of gambling. This is totally wrong as they fail to see that investment without proper research is not consider as investment. Just like a lot of people start to buy bitcoin when it is 1k usd years ago. They are gambling in hope that they can find greater fools to sell to them at a higher price. End up they lose tons of money because they dont even know the use of bitcoin and yet they just pour money in to follow the trend. |
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The sad thing that i keep seeing is that a lot of people are treating trading as gambling. This is totally a wrong concept and the reason behind this is the lack of knowledge.
Gambling is mainly depend on your luck whereas trading depends a lot on your skills. If you buy into btc because the price is rising, you are gambling because you know nothing and just follow the crowd. However, if you know what bitcoin can do and what is the advantage, you can understand why btc will rise in price and know if the trend is rising too high or steady rate.
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There's no easiest way to make profit from gambling unless you are the casino's owner.
Even casino owners are having difficult time to make profit in the first place. Because they need to promote their site and they need to build their trust. But that is going to be worth it when everything was setup already. And yes they will be the ones who are going to have the easiest way of earning in gambling by simply monitoring and managing their site. Correct, there is a lot of competition in the online gambling world now and its not easy to build trust to bring in new players. In the end we know that gambling house always win, that reality already attracts the gambling operators. I believe even if a gambling site is new, it can always succeed if it has the right amount of capital that is necessary, the advertisement is very important aspect when starting up and if in that department it can be handled well, it can make an effective awareness of the potential gamblers. The market is big in online gambling using bitcoin, so they could be profitable. The profit from casino is real and extremely attractive. That is why so many btc casino is setting up one after another. However, as the market is getting more saturated, the problem now is more about how to attract customers to come and visit your site instead of the others. It is more about advertisement and promotions, and not just the running of the casino. |
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The best way to quit gambling is not to engage in any activity related to gamble. Why not spend your time in any activities like sports, outdoor activities (running, biking, hiking etc...), enhance your talent and skills and whatsoever. Learn and explore than playing gambling in that way you will become a better person.
Everybody, even the addicts also know about this. But what is really the main concern for them is that they have lack of control over themselves. No matter how much they engage in other activities, they will still end up of wanting to go back to gambling. It is just like imagine you are not allow to have access to internet anymore, people can keep telling you that it is good for you to go and play outside, maybe you can do it for a month or so, but are you able to live without it for a year or forever? |
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To start any investment no need to have a significant amount because in terms of percentage you will get same profit whether you invest small or big amount. But as a beginner, I suggest starting from small amount until you understand all the investment risks than slowly you can increase your investments.
You wont really see any difference to your investment if the amount is too small. You need to really have a significant amount so that it will give you a significant effect as well everytime your investment get any profit or that when you are actually making money when someone lose quite huge amount It is about percentage. So of course when you have little as the base, naturally the amount will be smaller. However, that is still not a good excuse to give. Unless you are born in super rich family, we all start with small investment. And we make use of the power of compounding interest to grow even stronger etc. |
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Latest update - 5 BTC investment is now worth 6.42511 BTC  Cant believe that 24 weeks have been past now. That is like 6 months of investment already. I still can remember that previously we are so looking forward for that 1btc of profit for weeks. And having close to 30% is very remarkable. Normal investment only yield like 5% per year and with the rise price of btc, the amount of profit is even close to 100% in fiat. |
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Did you ever gamble with other's money to pay your own debts or otherwise to solve a certain problem through gambling?
I won't do such things to cover my debts, as we know that mostly players lose in gambling instead of makes more money. Better to borrow other's money and pay my debts with it and no need to gamble which the money could gone for good. The point is, gambling is not the right option to solve your debts problem. Indeed.. Gambling to pay off debts is the worst idea you can have, like literally. Paying of your debts is a thing you have to do, no matter what. You simply can't go around with worse than 50/50 odds to pay them off. You will end up in a worse place, as you now also have debts with the one you borrowed the money from. People always say dont gamble with what you cant afford to lose. And we also know that gambling is more likely to lose than to win, it is never a wise move to gamble away these money. You are more likely to end up worse off or even to a state that you will destroy the whole family system. Be realistic and think of ways on how to overcome the difficulties. |
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