I'll probably take it. It's a pretty big amount, and I've never really taken gambling as a lifetime thing I'd always do. I always expected that I'd stop at some point, maybe after around 4,5 years. Stopping now doesn't really seem like it'd make a difference, 5 BTC does look like it would though (assuming that there's going to be a bull market the next year or so). Plus, I have a lot of forms of entertainment that I can use the money on, I'm more than willing to give up one to support the rest of the lot.

On the topic of the same post, there was one before but not specifically 5 BTC, I think it was a few million dollars as the idea?

Nothing. The market simply has buyers and sellers that come and go all the time. If you wanted the t to go up, then that would require more buyers instead of sellers, simple as that. I also wouldn't say that Bitcoin is in a bad spot, it's like what, down by a few hundred below 30k, a lot better than a few months ago. If you were comparing it to its ath then ofc, but you should know already that the price doesn't stay only at the top. Sides, a good time for buyers to come in when the price goes down.

If you were expecting it to go to $25k then maybe hold off buying for now. If you were DCA'ing then it shouldn't be an issue though.

Huh, odd how sportsbet has so low of a rating in trust pilot. Was it review bombed or something or are the ones who are doing the reviews mostly those who have bad experiences (every casino usually has one) and none of the people who actually had a good experience with it? OP maybe you can add btcgosu ratings? I reckon most people are much more familiar with it than trust pilot (and also so that we can compare and review it from one another).

I usually play amongst a variety of reputable ones, they're not that different from one another really (unless one of them cucks you for KYC, which happens to others). I've never had much issues though, luckily.

Huh, I'm rather curious about the end of the world bet one. Wonder if people actually bet on it and how legit is it lmao. And doesn't it make a guaranteed win for the house if the year passes without the world ending or something like that?

On another note, a lot of things can be bet really, OP's list is more of the ridiculous ones (not in a bad way, well maybe except celebrity deaths, now that's just fucked up). I mean, there's usually the presidential elections (or any type depending on your community), Ms Universe and any other types of contest-esque events, usually big scaled ones.

It depends on the mentality of the hodler. The idea of leaving your coin inside a platform you'd want to stake is rather risky, regardless of the possible profits you could gain since they can simply run away with it. You could try Trusted platforms, but as I said, it's all in the mentality of it. Crypto is crypto in the first place because you can make your own bank, if you wanted to make passive profits there are other alternatives out there where there's less risks involved (in terms of exit scams).

Besides, there's also the market value of the coin itself to consider, and most coins out there have a rather volatile market.

Shib or Doge. Most people would probably say Doge since afaik it was always the OG meme coin that most people know? A lot of the others were just meme coins that followed the trend (or are trying to) and just failed miserably trying to make money off of scamming people. I mean look at Pepe, while it was a good coin to profit off at some point, it was only a short term one and basically went down half of its peak at this moment and would probably keep going down later on.

Any chances you can drop your ToS in advance so we can actually believe this "Decentralized" claim of yours? Well it is understandable so I can give the benefit of the doubt but still, we'd like to see some proof its a DEX before anything else since that's the key feature of your casino after all.

In terms of features, too little sports variety to even call it sports betting. Your roadmap shouldn't even include it, it should be the key idea of what your site should've had first and foremost. I know football and basketball are famous sports, but as you claim that you support many countries, having as many sports as possible would increase your possible user count imo.

I wouldn't really call it an abuse of gambling. They just use it as an excuse (even if they don't see it as such), so that they can escape most of their problems (or solve them if they're really lucky). It can technically be called abuse, but a lot of things can be used all the same really.
I mean, they're dead, I don't think there's much we can do about it. And even if we do try to preempt by taking action, everything is only based on "assumptions". And technically the police force or casino staff can't make a move based on such a thing. It's basically the same thing with drug abusers, in most cases, their states are already far too in before people can even notice and stop it.

The key idea to do here is to prevent said situation from happening in the first place, and it doesn't stem from gambling, no. It usually stems from the influences in the environment, from your parents, friends, advertisements, the internet, etc., and that would be a too big of a thing to influence, so most people really just ignore it, not that they don't care though, they can't just do anything with a single persons influence.

Whatever the amount. I usually just put out random odds/multiples when it comes to casinos, whatever goes really. I guess the most that I could find that would describe the scenario OP wants is during crash, the game forces you to risk it to wait for bigger wins, and in my instance, I usually try to challenge and reach high rewards, since well, it's fun in that way imo. A different thing when it comes to sports gambling though, I usually look at the teams, not the possible wins. Dark horses do win, but the keyword is at times, only at times.

I don't take into account my financial needs when gambling. Kinda dumb to do so.

Well, the reason was already stated in the article and I think we can safely assume that it's true. No sane man would do such a thing after all, regardless of whether you're a gambler or not. Well it is kind of dumb to generalize gamblers in general when really, any drunk, drugged person out on the street can jump on the las vegas casino and start doing the dumb shit this man did. It's not a matter of responsibility or what not so really,  stop blaming all the fault on the man.

The Las Vegas Casino allows alcoholic drinks though? Heck I reckon most casinos allow those kinds of beverages, they'd lose quite a bit of customer count if they removed it.

Well the best solution here is to have some sort of savings fund, where it's for 100% emergency where you can't pull out money from anywhere at all. If the situation is limited to those two choices, I'd probably ask around for a loan first, preferably amongst friends or families (I've done this before, and I'm pretty known to pay it back after a month or two at most). As long as your name isn't really out on the mud, and the money you're going to borrow isn't going to be that much, I reckon it should work. I mean in your case OP you didn't give the loan since you know your friend had nothing on him that can give out trust he'd be able to pay immediately after all.

It's not that greed can cause a bet, even without greed, people lose all the time. It's just that with greed, you actually want to bet more, which in turn leads to further possibilities of losing (and winning as well). In most cases or experiences shared, losses are more emphasized than winning, hence why the general perception of greed is that it can cause you to lose.

And tbf, seeing the original bet and the max win, seems like your chances of winning were pretty close to zilch, so I don't think there's anything to question about it really. And as others have pointed out, it's a scam casino, so if that lightens the load on your mind then might as well just think of it that way instead of blaming your greed.

Not really in most cases no. At least for me. Betting money is more like a thrill that I add to simple games so I can enjoy it. I mean, who would actually enjoy a dice rolling around right? (Well, there might be one or two people who enjoy that, but most don't). Plus, blackjack and poker are fun games in of itself really since it's a PVP type of game. Well, I turned to sports gambling nowadays though so can't speak much about it.

While I do believe that having such beliefs is good, I don't think that's the case for gambling. If it was a skill game then maybe. And additionally, such beliefs are actually a thing in a LOT of people, especially in competitive scenes like in sports. Mostly because that's their passion in life, and they put literally every hour of their lives in training.

I highly doubt there's a bot that can efficiently make decision and take into account different factors that move the market... at least for now. There's a lot of difficulty in it in the first place, the first that I can think of is being able to access high-volume live information that it can translate into maybe two states, one that can affect the market and one that can't. This is an extremely simplified model and would probably give out a lot of wrong results, but filtering it through something like this in varying levels that make it a lot more specific can bring out a hopefully good result, but as I said, there's the difficulty of being able to access live data in the first place.

Plus, identifying a methodology that can filter it out wouldn't be that easy to make, there's no guarantee of its accuracy of it in the first place as well. If we were making a simple script like taking the top 10 coins and investing, then it's a lot easier, but making a bot that can find a new coin which can pump and give massive profits? Whole other thing.

I wouldn't count on it lasting enough to be a bull run though, it's just a temporary hype kind of thing if I were to describe it since it shows even with SEC doing all this stuff against crypto, crypto can and will still stand with what it is. Though it might snowball for other altcoins simply because of the fact that crypto won over the SEC, if it hasn't already that is. These kinds of first-time kind of stuff would always sway investors, both new and old to, well, invest more.

It affecting Bitcoin is another thing though I think imo.

XRP and polygon. We all know what's happening with XRP and their future market looks promising with it. Polygon is eh a personal choice, I've had my eyes on it since a bit back before but didn't have funds, but now I do so I just went ahead and invested on it. LTC could've been a choice since there were talks about it's halving in august iirc, but when I looked at its charts there wasn't really anything big that happened with each halving, there was a pump around half a year after? Or after a year I don't remember, but that can be attributed to the pandemic and an influx of investors coming in. Past that, it's on a steady decline.

Uhm, you technically agreed to this "someone" by asking the percentage instead of asking why people gamble. Besides, it doesn't even matter how much people gamble in each class, it stays as a fact that someone gambles no matter what living class they are in, and that speaks volumes as to why gambling exists. Now I wouldn't deny that there are people that exist who gamble because they want to hit it big in a single moment, but it's a matter of fact that some people do it for fun, regardless if they were rich or not. I myself do it for fun, heck it's mostly a side thing now since I do sports bet, I just do it since it's, well, there (and since I have a background in gambling in casinos after all).

They technically can take however long they want with their KYC process, and can provide results with whatever it is they might have received. Note that checking of KYC is still done in person so who knows, your KYC check might have just gone under a group of lazy asses so it was rejected. Simply adopt a try again attitude imo and resent your KYC documents, this time in a state where there's no way they'd have issues with, maybe scanning it instead of taking a photo.

But let's be real, let's not blame anything but ourselves for our losses. You could've opted to, well, idk NOT gamble? It doesn't matter really how your funds ended up staying in your casino account. It didn't ask you to gamble it, so it's no ones at fault here but you.

There was actually a topic about this a few days ago, and I'll pretty much repeat what I said. I doubt the halving we'd see would have any big effects, the past halvings of LTC had a small pump, yes, but any big movements after that weren't due to the halvings. Afaik it was lined up instead with the start of the pandemic? So I reckon new investors drove in and boosted the price. At this point, with how disappointing the coin has been and nothing changing, I hardly doubt we'd see any minor price changes. Maybe a bit of a temporary boost, but that's it. Shorts would probably enjoy it though.

I reckon most withdrawals under $1000, maybe even under $500 wouldn't be flagged? Anything above that you should be prepared for KYC. Heck, I reckon it's not even about the money, anything that hits a 500x or a 1000x would probably be enough to flag their account and be subjected to some regulations and scans. Especially in recent times where you've told what happened already OP, a bunch of new accounts getting frozen and KYC issues not being handled properly.

That isn't to say KYC isn't handled without problems on most occasions. Most people just don't see it cause, well, no one needs to say anything if it works right? I personally have never gotten into any problems with KYC after all.