Bitcoin Forum
June 25, 2024, 10:43:36 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 [47] 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 ... 163 »
921  Economy / Gambling discussion / Re: Gambling problem on: November 27, 2016, 06:08:10 PM
Self control is one of the most problem in gambling they really don't know how they are going to play without advices or without experience since we are having a problem in gambling why don't "US" set a goal an aim in every gamble or every time we played like what others do always withdraw when you make profit stop playing when you lose.

yes that is a fact that no one know when to stop and when to continue gambling, as most of the people have no control over themselves therefore they always lost their money in gambling and those people who have full control over themselves then they can really make money.

Even if you know how to manage your bankroll or your emotion, you still cant really make money from casino. This is because it is the game design that make players lose. The difference is that if you know how to control your bankroll, you will more likely to lose slower than those who dont.
922  Economy / Gambling discussion / Re: What are your favorite gambling games? on: November 27, 2016, 02:42:19 PM
I like to play real life slot machine. In real life, there is a lot of animation and movement in the slot machine itself. It also disappear super colorful display and impactful sound. It is something that even passerby also interested to come and look at how you play.
923  Economy / Gambling discussion / Re: Worst mistake in gambling on: November 27, 2016, 02:37:45 PM
When I accidentally max my bet in dice game and roll the dice. Boom I lost everything.
awtss.. that's really a disappointing mistakes especially when you are just sparing your time to enjoy and not really looking or aiming for a huge wins after that mistake i guess you will now keep checking every bets that you made and making sure that it will not happen again, its really funny remembering mistakes and it will keep coming back every time we are inside the game.

It is a good lesson absorbed. And you are right, so now for me, everytime after i am going to press, i will make sure that i setup everything correctly before i spam the button to bet. It is an ugly mistake but it keep reminds me now and make me have a gd habit.
924  Economy / Gambling discussion / Re: To Gamble or To Invest? on: November 27, 2016, 02:27:38 PM
I just gambled to day and more better to gambling than to invest if you are unpatient person you are going to choose gambling, In investment it always took 30 days or 1 month  before your money will back with 5% profit depends on how the investment gives you in gambling you can get more than enough bitcoin for 1 month Smiley

Investment is never a short term goals. Investment is for a long time and in fact, even 1 month is not enough to see result at times. I know of a person who invest in btc casino for a month and he complain that he lost and withdraw. Who knows if he stay for the 2nd month, he would have won back what he lost and even more.
925  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: November 27, 2016, 01:54:36 PM
These results re just pure luck, there s no way anyone ll see 1000 BTC lost by one single person again as it happened on Betking a few months ago. So these graphs represent PURE LUCK and nothing more.

CryptoGames seems to be showing pretty consistent results without abrupt declines. I think this is what we should expect on average from house edge coupled with proper management of the bankroll. I'm more interested why the two outsiders in the review are not giving any profits. I mean Satoshi Dice and MoneyPot.

gambling is always pure luck so investing in a gambling site (against the gamblers) is also pure luck. that is an obvious enough fact that everybody knows. but that doesn't mean you can not make profit in the long run. the only thing that you should do is to find a good site which is both popular and fair and then invest what you can afford to lose.

Wrong. It is pure luck minus house edge for the gamblers, and plus house edge for the casino and investors in its bankroll

I think Satoshi Dice and Moneypot could not get the betting volume with regards to the size of their bankrolls and thus were flat.

It is not about betting volume. In this case, moneypot has been made a lot of profit and it is a matter of time when the players will make a huge win. That is why moneypot has been losing money recently due to the huge previous win for the first half of the year. The daily wages is actually quite decent.
926  Economy / Gambling discussion / Re: Gambling problem on: November 27, 2016, 01:50:09 PM
Self control is one of the most problem in gambling they really don't know how they are going to play without advices or without experience since we are having a problem in gambling why don't "US" set a goal an aim in every gamble or every time we played like what others do always withdraw when you make profit stop playing when you lose.

It will go back to lack of self control, you said already that why don't we set our aim where actually we do set our aim in gambling but the lack of self discipline will me us decide not to follow it. Because we are weak, we will not be able to do our game plan right.

When you lack of control, it wont be a easy solution anymore. Because you already dont know how to mange yourself even with the best schedule or management you have. You will need external help like friends or even professional help.
927  Economy / Gambling discussion / Re: Why is gambling so addicting? on: November 27, 2016, 01:18:02 PM
I have never seen anyone addicted to losing, you only do that because you believe you will get to recoup your losses so you keep playing. The part that is addictive to gambling is the winning part because its just sweet to win and when that happens, the believe that it will continue like that comes and once in a while when losses comes in, then the cycle continues all over again.
Lol. of course they are not addicted in lossing. Why the hell they would get addicted in lossing. They are addicted because they keep on playing wether they win or loss.

They are addicted to the feeling of gambling, the feeling of risking some of your possession. This kind of feeling is usually found in extreme sports but that requires certain skills and not suitable for anyone. However, gambling is easy to pick up.
928  Economy / Gambling discussion / Re: MY gambling strategy to limit loss and make btc on: November 27, 2016, 01:12:17 PM
Every time i played at mine sweeper i always bet high risk because in high risk there are high profit and there are some luck that we can get profits every time we are going to find bits in the box but if it's bomb then good bye i don't limiting my self to play at any gambling site as long as there are profit i will always play there always save your profit once you earn bits.

It is not good to gamble without any limit. Although it is known trick to increase your bet to cover the losses, it works for one or two times when the luck is on your side, but your cant promise that everytime it will work out for you. Cause once you start to loss this bigger bet, you will realise you need a bigger one and this will never stop.
929  Economy / Gambling discussion / Re: Tell us How You bet On Dice on: November 27, 2016, 01:09:56 PM
I choose x100 cause it is still not too difficult to win and it is also quite a reasonable payout. So usually i will play x100 for 99 times and then increase to twice the bet amount with the repeat x100 for another 99 times. It does not make me profit all the time but it is a good entertainment for me.
930  Economy / Gambling discussion / Re: Worst mistake in gambling on: November 27, 2016, 01:07:50 PM
When I accidentally max my bet in dice game and roll the dice. Boom I lost everything.

You are not the first one and i too have similar encounter like yours. It is quite sad that i was planning to slowly use my bankroll to play so i can maximise my playing time. End up i lose like 50% of my bankroll within a few sec in the slot machine because i accidentally click max spin.
931  Economy / Gambling discussion / Re: What is your aim in gambling???? on: November 27, 2016, 01:06:20 PM
Basically my primary aim in gambling is to win. But i find it hard to accomplish my aim because everytime i loss a portion of my initial bankroll i get greedy always in recovering it, i mean after losing 10% of my bankroll next bet i will all in everything i have but most of the time i kept losing trying to recover.

This is the reason why people keep losing, because they are trying to cover back their losses. The casino games are already designed to make you likely to lose, so even if you bet bigger, you will even end up loss bigger.
932  Economy / Gambling discussion / Re: Gambling crying thread on: November 27, 2016, 01:04:38 PM
I gamble today and it looks like this is not my lucky day. I'm losing streak on sports betting and blackjack.
I'm having a 6 losing streak and I lost so many bitcoin. I lost 0.07 btc and it a sizable amount in my opinion  Angry

It is ok. As long as you can spend within your mean is ok. I think 0.07 can be seen as not too much and not too little too. It is your unlucky day but that does not means you should bet more to recover your losses.
933  Economy / Gambling discussion / Re: What is your gambling strategy on: November 27, 2016, 06:59:32 AM
Well, I don't normally play any game with a house edge and I try not to get my money in on a bet with a negative expected value.  There are times when I will take a little more risk than I take otherwise....when I think that I can take advantage of the conditions of a game, such as when I have the big stack in a poker tournament, I might bully the other players out a little more than usual.  But, I don't like taking big risks....and....I always do the math before committing my cash!

I also dont gamble with negative expected value as it will may that i will end up losing insead of winning. So it is choosing the right game and most of the games i dont play cause the house edge really put us at a disadvantage.
934  Economy / Gambling discussion / Re: To Gamble or To Invest? on: November 27, 2016, 06:56:34 AM
Even in short term also no guaranty of earning money in gambling because it purely depends on only luck and without luck you can't win any money in gambling. So if you want to earn money the best option is only investments and as you said gambling is only for fun and entertainment.

Everything depends on luck however if you wish to stay in delusion then you are free to keep that thought however there is no denying that you might get lucky big time in gamble. You might be able to win huge amount in one try, some people has quite some luck to win huge amount and of course it is real indeed
Wow! it's not true, never think that everything depends on luck otherwise you will not be a successful gambler. Luck is just a bonus or something we can be happy of as it's a gift to give us temporary wins sometimes but it's hard to rely on that along the way, we might be frustrated if we are a regular gambler.

You need to learn more about gambling, because in gambling you will never win against the house in long term. Your only shot will be the short term and that requires luck, you might win huge or lose everything instantly just like in long term as it doesnt really make any different at all unless you are lucky with it

That is why casino can gain so much money because the game is designed to make you have a disadvantage in the first place. Yet, some people still refused to accept this fact just because they manage to win in the first  or 2 times win.
935  Economy / Gambling discussion / Re: Can I use my small amount for GAMBLING? on: November 27, 2016, 06:53:57 AM
I think gambling is nothing wrong if you know how to control yourself. So by saying that you are using small amount for gambling, you already know how to manage your money and how to spend it well. However, sometime saying is easier than done so make sure you keep to your bankroll for gambling and it will be fine.
936  Economy / Gambling discussion / Re: Bitcoin Gambling Investments on: November 27, 2016, 06:52:06 AM
These results re just pure luck, there s no way anyone ll see 1000 BTC lost by one single person again as it happened on Betking a few months ago. So these graphs represent PURE LUCK and nothing more.

gambling is always pure luck so investing in a gambling site (against the gamblers) is also pure luck. that is an obvious enough fact that everybody knows. but that doesn't mean you can not make profit in the long run. the only thing that you should do is to find a good site which is both popular and fair and then invest what you can afford to lose.
So there's no math in investing you mean? I guess not, we analyze that we have the edge so we invest, otherwise we will not invest only when it's base on luck and instead we gamble with our own money so when we win in can give good return.

Exactly, all types of investment scheme requires analytics that is abviously can be performed by mathematics. Investor's do not invest just because they feel so, Investment promoters should give it's benefits and strategies then let the investor decide.

Is there investment promoters here in btc casino? From what i have seen so far, there is promotions for people gambling but there are not promotion for investors. However, a lot of investors never do proper research and just randomly invest. They are be careful in what they pick as an example is moneypot which make amazing return at the start but in recent month, it loses back all profits.
937  Economy / Gambling discussion / Re: Online Gambling vs Real Gambling on: November 27, 2016, 06:49:11 AM
Hello Guys, I would like to know you're understanding about online gambling and real life gambling. Since here in the philippines online gambling is now illegal. I'm just curious what's the difference about this too. Why make online gambling illegal?

Well, there are different reasons for banning gambling in different jurisdictions....but most of the time gambling is banned because the country doesn't want its money leaving its economy without having something coming back into the country in return.

That is a very big error you say. The reasons why the country want to allow gambling is because casino is one of the best ways to bring in money from oversea and not out of the country. Usually casino attract foreign investors to setup casino and then attract foreigner to come to the country to gamble and spend and then the casino can be tax at a higher rate compare to others so the country has higher GDP. The reason why country ban casino is due to the social problems it gives.
Well, bad for them because some countries ban gambling and also bitcoin is here. The government will not earn with online gambling especially when using bitcoin which I believe the trend now. People wanted to use bitcoin as it's not only for gambling purposes but an investment as well.

It is their own choices. TO be honest, there are benefits and disadvantages of casino. So there is no right and wrong if the country choose to ban casino or not. I also remember china is not too enthu about bitcoin and that is why it can drive $1k usd to $200 during that crazy up and down.
938  Bitcoin / Bitcoin Discussion / Re: Great way to make Bitcoin! on: November 27, 2016, 06:46:41 AM
I have not found any way to make Bitcoin other than signature campaigns here in the forum, and as we know they don't pay any relevant amounts, it's just a tiny amount of extra "beer money" to have fun with at the end of the month. In my case, I save it all for the future... I wish I was rich but unfortunately im not so im stuck in this boring frugal lifestyle of constant saving any extra money I can make, it sucks.

I don't have any skills that is well paid in bitcoin, so im stuck with my regular job. Most money to be made in bitcoin is programing related and i can't program.

Dont be too sad about it. This is how life works. However, i am glad that we know about bitcoin and believe in its future. We can save and spend that extra little money on bitcoin and use it as a investment tool. It may not be easy but if you can enforce yourself to do it constantly, you can have major rewards in years to come.
939  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: November 27, 2016, 06:44:40 AM
When you're talking about just having bitcoins then the best source of bitcoin is an exchange with money, real money. When you're talking about having zero starting money, you could start earning by typing of captchas, signature campaigns, trading, gambling. It is a great source of bitcoins

It may be little but it is really a good place to start with. Ignore the face value and get some little bit of btc to start off with and see how it can be stored in your offline wallet and what can it do. When you have more experience den you may use your currency to exchange for it.
940  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin Really The Future Of Money? on: November 27, 2016, 06:43:16 AM
Btc is part of the future of money. This can be seen as more and more bank are trying to tap on the technology of btc and blockchain. For my country, we have all the 3 main bank doing testing on how to make sure of blockchain. It is not an easy process but i really hope they can find a way to implement it.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 [47] 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 ... 163 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!