Russian translation was finished a long time ago, and 6 weeks that were agreed for collecting payment have passed a few days ago, so I'm reminding that there still is 0.078 BTC to play. Balance now paid Thanks, I look forward to continue working with you guys, I can translate this new ANN post, we can discuss details on slack if you want.  |
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Russian translation was finished a long time ago, and 6 weeks that were agreed for collecting payment have passed a few days ago, so I'm reminding that there still is 0.078 BTC to play. |
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I think the phrase "Everyone loses in the long run." only applies to those people who are too lazy to bet so they make a script instead. No script can take down the house of a gambling site because if there's any, then the admin will likely to counter it. And also if there's a script like that, then people of high intelligence should have thought of that already and it's likely that it will be scattered around the Internet by now.
You can't expect to win with manual bets in the long run either. Casino has edge over a player, you can't do nothing about it, no secret strategies, no "self-control". People who look for profit should pick something with positive expected value, which will never be the case with gambling. |
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i think investing in a gambling site is only good if you are the owner and investing in your own gambling site because at the end of the day it is you that take all the rewards and profit now the players and not the people who have invested in your casino,.
And why are you saying that? Have you tried investing yourself? Most gambling sites are very friendly to investors, they allow you to withdraw at any time and don't put any additional requirements. Casino owners need bigger bankrolls in order to accept more and bigger bets, so they attract investors and honestly share profit with them. |
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Gambling sites are not worth for hackers to use energies since amount is lower. Some sites have been exploited due to some unknown bugs in script. I have heard once or twice hardly about exploitation issues but hacking didn't come in my knowledge so far. Exchanges are always at risk since they flow large amount of money in hot wallets as well.
Everything is in interest of hackers, if they managed to quickly find some vulnerabilities, the reason why we don't see much hacks of casinos is because they keep most of their Bitcoin offline. Exploits are more serious threat to them, but they can always make checks before paying to some suspicious winners. Also, in case of exploits players money should be technically safe, only investors risk. |
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I think I was still playing even if I was rich. I play for fun and my basic motive is not to make money to get rich. I enjoy each bet I place. Sports games are like passion for me I just transform this passion to make some money if there is chance. I don't feel need to place on everything. So I was gambling doesn't matter what financial situation I was having.
Gambling is really designed for entertainment and if you want to make this as a living then, you must have the system and discipline in place otherwise, you will surely encounter several losses and may mess your peaceful life. If you are only playing for fun and spend money that you can afford to lose, then status in life doesn't matter at all. haha Playing gambling just to loose money ! No i do prefer to have fun. Yeah you are right you've encounter a lot of losses but sooner or later you win but just have a discipline on your self to not to be greedy because it can cause you a lot of trouble. If you were rich, i'm sure you will okay even you gambling just to lose money. Because you have much money and don't care about it. Gambling for fun also be your priorities than for profit. Some very rich people still managed to lose all their money on gambling, just because their huge level of addiction to it. Even rich people should be careful with their spending, anything can happen. |
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Interesting read. Bad luck for Satoshi Dice, but on a scale of weeks and months variance still plays bigger role than house edge, so it's not very surpricing. 6.58% is a very solid return, I wouldn't expect to see it every month, I think on average casino investments return 4% per month. |
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Well the only online casino that I trust are those that are about to sport gambling since this is the only thing that is fair for me.
But the question is whether you trust gambling sites or not. But you're talking about games fairness. Site trustworthiness depends on whether they will provide on time all withdrawals and give you good support for all your issues faced either while playing or depositing/withdrawing time. Winning or losing money in gambling depends on your luck, not on site trustworthiness. Good point, this is another problem with gambling sites, there were precedents when some casinos refused to pay jackpots for users, sometimes due to lack of money on hot wallets. People should carefully study discussion threads of gambling sites where they usually play. |
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Finally, I found a good thread about investing in an online casino, OP please keep this updated so I can also analyse how profitable investing in an online casinos. By the way good luck to your investment, that is really huge in my opinion, I am glad you can afford that.
is investing in gambling worthy? Because i want to try i am just a little bit confuse about this investing on gambling website where we don't have control on our money if there's a legit casinos website that i can invest my money with can you share it so that i can earn slowly but surely in that way. Depends on what you mean worthy. It's relatively safe, and you can expect around 3-5% profit in month. There are lots of established casinos that are running for years now, so it's safe to assume that they're not ponzi's or other scam. If you want to invest a big sum, you can even split it and invest in a few different casinos. |
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You should try to devote the time for something more productive, something that you can also enjoy, of course. Over time you may be able to move away from gambling.
It's easier said than done , many people just don't know what to do, everything seems boring to them, so they gamble for excitement and thrill. Addiction is often linked with depression, so each case is personal, everyone can find their own way out of it, they might need a help from friends and family though. |
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Slot are difficult to win just like lottery but higher chance of winning.
As we can see for example if we see on Las Vegas , only few people able to win from slot game. I'm wonder how they keep exist not all people like to play it
It's not hard to win in slots, if you mean to win a bet, but if we talk about profit, than lotto is better than slots, because it usually has lower house edge (usually 1.5% in lotto vs 2-3% in slot). So it's better to buy a handful of tickets than spin slot while chasing its jackpot. |
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Do you really trust online bitcoin casinos you play at?
I think all lost in casino, except the owner.
You should have to know that online bitcoin casinos work the same as all other casinos, we can say that these are normal casinos but with bitcoin currency. They accept bitcoin as a currency for them instead of other currencies(fiat), So you should have to know that the result will be the same as all other casinos with other currencies have. You should not have to blame the name bitcoin for any issue. Fairness of Bitcoin casinos is based on hash functions, and I personally have more faith in them than on brick and mortar casinos, which require blind trust. Also, real casinos have much higher house edges, because of government regulations. |
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Well the easiest and fastest gambling game you can play that may give you a profit is dice of course. But be caution that if you intend this to play a long run in a single account, there is more possibility that you will lose all your winnings. The best is have control of yourself in losing and winning scenario. And the best strategy is to quit while you are winning. And another tip is that make sure you can regain what you lost from the previous bets with your current bet and have also profit if you win
dice game does look the easiest, but it is actually very complicated game, you have to control yourself, have a good strategy, do not be too long to play. because it was too long to play always lose in the end. Dice, as well as other casino games, have house edge, meaning you can expect to see loss over the long run, and also they are 100% random, there are no strategies to increase your chances and push your expectations into positive. The best way to make short term profit is to make one bet in dice with low payout, like 1.05x or 1.1x. |
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I had a low balance on my account while waiting for deposit, so I was doing a bet and pressed "Max" on bet size, and while I was just about to roll, my deposit got confirmed, so I made a bet with all my money (x1.1 bet, by the way) and lost it all. Everything happened very fast, just a very unlucky circumstances for me.
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I think I was still playing even if I was rich. I play for fun and my basic motive is not to make money to get rich. I enjoy each bet I place. Sports games are like passion for me I just transform this passion to make some money if there is chance. I don't feel need to place on everything. So I was gambling doesn't matter what financial situation I was having.
Gambling is really designed for entertainment and if you want to make this as a living then, you must have the system and discipline in place otherwise, you will surely encounter several losses and may mess your peaceful life. If you are only playing for fun and spend money that you can afford to lose, then status in life doesn't matter at all. Gambling is designed to bring profit to it's owners, while giving risky short term opportunity to players as well as some entertainment. As for system and discipline, players who want to win consistently should play games where it's possible to have positive expectations, like poker or sports betting, because in typical casino games like Dice or Roulette players can't do anything about their chances. |
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Sometimes I also think at this strange thing that we loose then too we assure ourselves that in future I will win and recover all losses too. In case of winning we want to make much more. These strange sense of hope in any result keep us connected to gambling. This playing for longer period takes us to addiction. Gambling is very attractive this makes it addictive.
This is caleed Gambler's Fallacy, it's a belief that, if something happens more frequently than normal during some period, it will happen less frequently in the future. In fact, all results are always random, revious bets never have any effect on future bets. |
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There's questions to ask yourself. Do you want quick money with alot of chance to lose? If yes then go gamble. Second question: Do you want slower money with still high chance of return and lower chance to go bankrupt? invest invest invest.
simple but logically correct so it is up to OP how to decide making a quick bucks but big risk to lose gambling is a good option, making it slowly and passive income with little risk of losing go to investment. Yes and in investment we really need more patience for us to become successful in investing, for me, I would rather choose to invest than to gamble as long as I have enough knowledge in investing, why not go investing? In investing we have litter bit chances to lose the amount, but in gambling every chance to lose the amount, so i also prefer to investment to do it, earning wise investment is better. So we choose on a lesser chance to lose, right? Investing can always give us a good profit rather than playing in gambling, the fact is gambling sites are making money from the majority of losers so we should ride with them to take part of their profit, gambling site also lose but their advantage is they win in the long run. Investing in casinos is relatively low risk - relatively low reward investments, for example you can make 100-300% profit in some lucky ICO, but with casino you are likely to see 50-60% in a year at best. |
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Gambling is really addicting, especially for people that already gambling for long time. Gambling is addicting because you can easily doubling your money and there is fun to gamble our money.
Definitely gambling can make people addcited especially those people who can make more money everyday people can make profit every month where they can live with bitcoin hoping that i have the same skill as they have so that i can easily double my money too but everytime i play gambling i always get lose -_- I think if gamblers are consistently "making money" they are not addicted, it can be considered as their profession. But if someone just wastes money, get depressed over loses, causes trouble in family, than it can be called addiction. |
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I think investing in bitcoin casinos is worth for short term and it's a bit risky investing in bitcoin casino for long term, but the important is find a good casino first before you invest,
you are so wrong and probably you aren't an investor yourself in the short term you will only win or lose small fractions , which doesn't worth the try but investing in gambling when you have a small edge will make you money only in the long run , cause there is much variance for me I only consider my yearly results when it comes to investing in gambling sites , and it's better than leaving my coins in a wallet You are also wrong. In the short term you can win or lose big, due to variance - so it's not simply that it's not worth the effort, it's just not likely to be worth the effort. In the long run, however, your profit will correlate with the house edge of the casino in question Well, in short term anything can happen, you can get big or small profit or big/small loss, but it's all about the long run, where you expect to see profit. As for risks, it's better to look on bankroll size, max allowed win, as well as reputation of the house and some other factors of their business. |
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Crypto-games's bankroll increased dramatically over last few weeks, so we can expect to see lower profit/loss, unless wagered amount also increases (it also grows, but not as fast).
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