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921  Economy / Gambling discussion / Re: A tip for staying resposible while gambling. on: November 15, 2023, 06:46:53 PM
While gambling some people gamble with small amounts which is not very important for them, but for those who are new to gambling and not able to control themselves or play with something reasonable amount.
So I have a tip for them you can stick a real paper money note in front of your monitor which will remind you that money is hard to earn and play responsibly or don't play with big amounts.
the note will remind every time that how you earned that money, and if you are controlled and this tip is not very important for you them you can ignore it, but i found this helpful.
I know that this has been tackled so many times but I will also give my own personal opinion regarding this topic. Just don't play with your hard earned money it is advisable if you do it with only your extra money. Have limits so you won't end up with huge loss.
But your extra money for sure is a portion of your hard earned money. Also there's this thing wherein the easier you earned it, the faster it would be spent. Best thing to do is to gamble an amount you can afford losing. A simple statement but complex if we would break it down ‘coz no one would really afford losing in the first place. Definition of this phrase is to bet an amount that if it lose, you will have no problem at all and you won’t be having problems of losing it. Instances which imposes the opposite is betting your borrowed money; if you lose you will still have to pay it which means you quite lost 2 times. Unlike with just betting in line with your tolerance and financial capability.
922  Economy / Gambling discussion / Re: Do you guys believe in other people luck and try to copy them? on: November 15, 2023, 06:03:32 PM
I'm not the type of person who is sure about copying other bets, even though that person's betting history is quite positive, but I'm just not sure. Because I think each person has their own analysis and luck, so when we copy that person's bet it means we don't depend on our own analysis and luck, which I'm not sure about. I would rather end up losing with my own luck than relying on other people.

That is one way of thinking about it,yet yesterday night I won two other bets,one with odds of 6.x and one with a bit higher,I am just loving to hit these bets which are multi games as before when I used to do my own analysis most parlays failed me but I was somewhat good in getting single bets right.The problem with single bets though is that they need a lot of money and once you hit a lost bet you immediately feel down dramatically,now I started this strategy of copying other people bets with 15.000 IDR and I am now at over 60.000 IDR,not the best but a good start I say,I will see how I do in the long term although the signals I got from this are positive so far.I also analyse other people bets before deciding to copy them.

Following those picks can somehow be classified as luck too. I mean, you did not pick those bets one by one but simply copied other bettors
betting slips and waits to see if they are going to win it.

Nothing is guaranteed though, even if you select it on your own or simply follow or copy if luck is not with you the outcome is the same right?

In your case, you are making some decent runs and if by chance and by luck it will continue then it's worthy to use it and make some
decent win out of it.
Indeed, especially if they too aren’t sure of the result. But in gambling there will just be times that you’re lucky and the other one is not, vice versa; this is just how it goes. I have tried betting with my friend’s bet and fortunately it won. But since I am aware that the outcome won’t be consistent, I continued betting on my own. Winning could be less frequent in such way but at least I’d be more satisfied with winning bets and would regret less with losing ones. It is really good to chase profit but I would choose my peace of mind more. There will always be ‘what ifs’ with copied bets and that is worse than just losing an amount.
923  Economy / Gambling discussion / Re: Ever Thought of Giving Back to the Community? on: November 15, 2023, 05:20:11 PM
I am actually giving back to the community and less privileged ones and if I ever win a huge amount then I’d still do. Maybe this statement is leading to how much would I be giving them if that’s so, it’ll be the same. We are not required to do so ‘coz that’s government’s job in the first place through our taxes. Also, not because you have a huge amount of money, you’d be needing to give them more than your usual. The amount should be something in line with your initiative also, there’s no need to win first before doing so; give if you can. Society’s expectations are just that big that it somehow guilts us but in reality, we are not tasked to do such.
924  Economy / Gambling discussion / Re: Quit gambling and Invest in gambling. on: November 14, 2023, 06:19:40 PM
Won’t be recommended unless there would be a contract or collateral for the amount a losing gambler would borrow. If it won’t be done with signatures then they could easily run off of it even if they have acknowledged the borrowed amount. Also with the sition, a frustrated gambler could borrow money even if he lost that much, hoping for a comeback. So if you happened to let a broke gambler with your money then that amount will be stuck for a meanwhile until the gambler has the money to pay it off. Some people would be taking it light not unless there is something they would lose from not paying, or such sanctions which could slow the payment done which could also be problematic to someone who have lost almost everything.
925  Economy / Gambling discussion / Re: What percentage of bitcoin investors are gamblers ? on: November 14, 2023, 05:36:16 PM
Would be hard to determine. Gamblers are simply gamblers and it has no correlation with Bitcoin investors. There are crypto investors who are into gambling as well, but there are still non-gamblers; let us just accept that. The only thing which links these two is risk management and risk taking characteristic. However, the risk with investments especially Bitcoin is way different with the risk in gambling. One reason is lack or pattern unlike with market price charts in crypto industry. In gambling, no matter how good your analysis is, if you’re unlucky then expect a negative outcome. Things are just different between these two.
926  Bitcoin / Bitcoin Discussion / Re: Bitcoin as a peer to peer method less popular than as an investment on: November 13, 2023, 09:10:53 PM
Can it be helped? As you’ve mentioned, Bitcoin and this industry in general still has its limitations. Investors happened to find it more beneficial as an asset because of its profit potential and volatile market value. There’s nothing wrong with it and we cannot force other people to follow its ‘purpose’. We are just simply taking advantage of its characteristic more than its usage and that’s just fine ‘coz it is still having progressive growth over years. Bitcoin became more popular and acknowledged by more people and companies. With countries’ approval, we cannot do about it other than to wait for things to be better. For now, since it is more helpful as an asset due to high transaction fees, then let us allow ourselves on how would we be able to use it as long as it won’t cause any harm to other investors and to ourselves. Adjustments were done on its usage and I cannot see anything wrong from it.
927  Bitcoin / Bitcoin Discussion / Re: What lies ahead for Bitcoin in the coming days? on: November 13, 2023, 08:36:39 PM
If you’re in doubt of investing not only to bitcoin but also with other assets, then take a pause. No one forces you to do so and you are more likely hyped by stories wherein investors made huge money from doing so. Much better is to invest first in knowledge and know what you are engaging yourself with, in order to avoid regrets at the end of the day. We know this technology’s potential however no one is certain of how will the market go, years after now. Given that some countries are still in doubt of its advantages, there would always be that risk.
Although this isn't the first time Bitcoin is experiencing this kind of pressure, it happens almost all the time.
So please I'd really need your contributions and ideas on what you feel or think would be the outcome of Bitcoin the remaining weeks of this year and most importantly, what would the new year have installed for Bitcoin?
Personal opinion: I really don't care at all about what is going to happen to bitcoin in the next weeks, the next weeks is not a time frame, is just playing some game. If you are seriously into bitcoin you know we are here for the long run, and that means years, not weeks, so whatever is going to happen counts less than zero because in the long run it'll keep going up.

Right. It is not exactly the bull run we're all waiting for. More like after years this mix of historical expectations, the hype around halving, and everyone crossing their fingers for the right ETF call will happen. Smart move to keep stacking those sats and you never know when things might kick into high gear.

It looks more like a bull trap. If this is the expected bull season this I need to admit history doesn't repeat itself this time. Historical data shows a possible one last major correction before the halving. This rally is supposed to give investors confidence that the bull run has started which it hasn't. At least this is what many experts are saying and the facts and data they brought forward are correct. Let's see how the market behaves in the next two months.
It will always be a 50-50 chance whether the market price would be corrected before the halving or it will just be playing to a high market price close to its ATH. The market before is different from the present which could create changes with the “pattern” we saw from the past.
928  Economy / Gambling discussion / Re: sites with bonuses without deposit on: November 13, 2023, 08:09:41 PM
It is like asking if there are sites giving free money. Let’s be real; we are in gambling industry, do you think online casinos will allow people to loot money in their platform giving free spins without asking them to atleast deposit a certain amount where the platform would beenefit? Some sites would give you welcome bonuses but it would be impossible for us to just be withdrawing that easily. Most of the time, those bonuses will be only used in the platform as means of platform testing. If they’d allow it then that would be prone to abuse from players who would like to get free money. Even with bonuses being given to new players would be limited to small prizes perhaps with free spins unlike with rewards on the actual game.
929  Alternate cryptocurrencies / Altcoin Discussion / Re: What's your thoughts about potential newly borned coins during the bear market? on: November 13, 2023, 07:39:58 PM
If it is meme tokens then no one has the assurance or no one could guarantee that these coins will again break price ceilings given that there are no utility for these crypto. Its market price is solely dependent with market manipulation of huge investors or whales. During bullrun most of the tokens’ price are pumping but determining how high will newly released coins’ price be able to reach would be harder to assume unlike with Bitcoin and other long existing coins which are having its previous ATH from the last bullish trend in this market. This is not to claim that those tokens will no longer be back to its highest market price but I guess it would have a harder time than most of the older cryptos.
930  Economy / Economics / Re: How Much Does Food Cost in Your Country? on: November 13, 2023, 07:17:58 PM

For comparison, may I ask how much a standard meal in your country costs for one meal? what is the standard food menu? What is the average monthly and annual income in your country? Please those who answer can use calculations in USD


With $2 you can have a full meal including drinks in my country. This is for one person and for basic food idea. If you go little bit higher like $4 you can get one of the popular meals on my continent drink included. I was referring to soft drinks not any alcohol. If you can cook your meal at home, you can cut this cost in half. I think you already got the impression that the average income isn't that high in our country. For lower-class people the monthly wage is around $150; for middle-class people, it's $250 to $300.
Food prices vary in each country; proportion and price. In some countries wherein resources ain’t that of a struggle, marketable goods including food won’t be expensive. Things still have something to do with demand and supply. Since I am on a third world country, food expenses aren’t that high but the proportion of foods differ from one restaurant to another. If I were to compare food serving especially with foreign countries, no doubts that ours would be smaller. The amount we are consuming and spending on a daily basis is a reflection of a country’s economies as well including leaders of the government which are running the regulation and to prevent prices to go up dramatically.
931  Bitcoin / Bitcoin Discussion / Re: Is bull run best time to promote Bitcoin related affiliate programs? on: November 13, 2023, 06:42:03 PM
Absolutely, it is like riding a wave. One example I guess which I want to associate in this topic is the rise of meme tokens; indeed these two are different but at least check the relevance. When SHIB and other memetokens were introduced other projects with the same concept, were also known such as with $PEPE and the likes. And up until this point, the impression that memetokens are promising still exists. And if we would be looking wayback previous bullrun, most of the projects before were succeeding even if it has no direct relationship with bitcoin alone. And since we are talking about bitcoin, the hype simply reflects to this industry in general which supports the claim in this topic.
932  Economy / Gambling discussion / Re: Sports betting strategieski on: November 13, 2023, 06:05:39 PM
So i wanted to ask from experienced gamblers here, who make live bets; how do you choose your bets and what kind of bets are you preferring (other then betting for winners).

Also are there some good tips on how to make most of from those? Because to someone less informed like myself, most of the other kind of bets seem like shots in the dark. I am assuming that there are more profitable strategies. Like what kind of other bets are worth looking into?

If you are already x3 of your bankroll then I guess everything works well with your strategy and there’s o need to adjust unless it’s not working anymore. If you are consistent with your analysis then you should not worry about losing it all since you are using a low risk low reward method which can be enhance by analysis skills.

If it’s working then just continue. Remember only to set stop loss and don’t be trigger when you encounter losses since it’s inevitable. More important is your consistency because that will give you more profit.

he is not doing a detailed analysis, mostly it's based on the odds he is taking the cue from the bookmakers. this is not a bad strategy actually but like he said every win is just a tiny amount of a win. it will be a good strategy if he stake a huge amount. to earn $50, he has to stake $1000 for the odd he example is 1.05. that is still good easy money if the bookmakers allow it too.

but with just one loss, he loses $1000. how many bets will he make to chase this loss? this is the risk that he meant. you couldn't continue the strategy if you lose twice. in sports, the underdog winning the game often happens.  Cheesy



Point here is that there’s no easy way to dominate any gambling related activity, no matter how much we would want to. Betting in line with odds would give you a higher chance of winning but will never guarantee it. Your analogy is correct, you could win continuously but with small profit in low odd bets but a single loss could be so fatal on your capital. While with betting against odds, betting a small amount could generate huge profit however it won’t happen easily. Therefore, it would be much better to just minimize the risk of losing that much; bet with moderation and at least enjoy the game given that it is sportsbetting we are talking about. We just have to accept that luck will always be needed in any gambling activity. Would be best to lose a few than to lose that much chasing a huge single win.
933  Economy / Gambling discussion / Re: Your parent disinherit you eventhough you have not proven to be chronic gambler on: November 13, 2023, 05:21:54 PM
I think they can disinherit you of such privilege if they really perceive you as someone who is not deserving of their wealth only as long as they are alive. Since we would all get to that ‘point’, it will still be passed to your authority when that ‘day’ comes. If I were the boy in that situation, I would accept their judgement and prove them wrong. I could also not be dependent of their wealth and generate money for myself to show that I could be responsible of the money if ever they would be inheriting it someday. We cannot bring our money to our grave therefore once our loved ones pass away, it’ll be ours, however let us not give them an impression that it’ll be just in vain.
934  Economy / Gambling discussion / Re: A gambler's family action. on: November 13, 2023, 10:17:18 AM
Based on the cited scenario, i only disagree with posting the picture of the young one. They should have just talked to the management privately ‘coz for sure casinos would be scanning each and every player who would enter the facility. That would be enough to notify them of what is happening. Some people say that the boy could move to other cities just to be able to gamble which has a point but how would he be able to do so if he would be lacking money to travel? That’s the point; the family could have just monitor the child or hire someone to accompany him most of the time or simply bring the child to experts to know what’s best to be done if they cannot restrict the young individual by themselves. I do get that the family might be frustrated of the situation but they should still consider the welfare of the child who is in need of them than to unconsciously shame him.
935  Economy / Economics / Re: Being rich = not looking at price tag on: November 12, 2023, 09:52:21 PM
We all have our own definition of being “rich”, and any of it would be valid. Some would say not looking to the price means wealth while some would say those who can afford anything considering the price would be defining how rich they are. Eitherway, as long as you can buy things without being financially problematic, means that you are doing well already. Being rich means buying something more than what you actually need perhaps a car; you could just buy a simple car which you can drive to get to another place but if you’re rich you may purchase luxurious or ones with a concept or style. Being aware of the value won’t increase or decrease your financial capacity; it’ll just show that you want to be conscious of the things you are spending your money with.
936  Bitcoin / Bitcoin Discussion / Re: Holding for long might not be the best option. on: November 12, 2023, 09:23:43 PM
Depends on what type of an investor you are. If you are fine holding your assets for a decade then you shouldn’t mind price corrections ‘coz in the long run its price is increasing. However you’d be able to maximize the profit by selling during peak price and buying during ‘dips’. It is just that no one could exactly tell the perfect time to make an action which makes sense to say that it depends on the investors appetite. Imagine selling at $69k then its price continued to break price ceilings and never got back to lower market price, would you be expecting such? Of course not. If we would also base to those who bought on its early stage, profit is evident still, which is a good example on what to do with your holdings.
937  Economy / Gambling discussion / Re: Should Casinos Sponsor Sites That Deals With Gambling Addiction on: November 12, 2023, 08:49:33 PM
I'm just curious and would like to get the consensus of the community, should casinos sponsor sites that deal with gambling addiction and cure, we can't deny that the gambling addiction percentage is very high in this generation

It is casinos' way to repay those who put in a lot of money and get addicted or they shouldn't care because it's the gamblers' initiative to play.
just as everybody has said, helping those addicted to gambling should be a voluntary action and not an obligation vested on any casinos, reason been that by virtue that casino provided a conducive atmosphere for gambling, that doesn't mean they are to be blamed when people goes astray/gets addicted due to lack of self control, allowing themselves to be carried away by greed, because one thing I have noticed to be a major cause of addiction, is lack of self control, which means that if only people can be self conscious at all times, the rate at which people get addicted to gambling will drastically deduce.
Indeed that would depend with casino’s initiative whether to help those projects or not. It won’t be one sided ‘coz if they would help gambling addicts to recover they’d have a good image in this industry that they are concerned with their players. Also, recovered individuals from gambling addiction aren’t all quitting gambling for good but some are having moderation of the gambling activity. This idea might be due to the impression that gambling sites would be taking advantage of players to be addicted in such activity but in reality that depends on what type of gambling site owners they are. There would always be ones who are not having such mindset.
938  Economy / Gambling discussion / Re: Do you use bitcoin when gambling? on: November 12, 2023, 08:25:34 PM
I'm a hodler so I kept all the sats that I could get hold of, especially now that we are entering the Bullrun, I prefer stable coins and Tron when playing because the fee is very cheap and fast to confirm when it comes to using cryptocurrency on casinos small investors are likely to use altcoins because they are hodlers compare to big investors and gamblers who can take the risk of using Bitcoin when playing in casinos.
I might use Bitcoin when the market stabilizes but if the bull run is coming altcoin is my preference.

I'm a hodler too and I have a completely different approach. Since I'm a bitcoin maxi, I don't own any other shitcoins, so I'd have to buy that Tron you've mentioned to be able to gamble it.
I own bitcoin, I use bitcoin and I gamble with bitcoin to get more of it. Crypto casinos don't accept fiat and I'm not going to send fiat to a bitcoin exchange just so I can buy a stable shitcoin.
Using bitcoin to support businesses that accept it is never a bad idea if you're a bitcoiner.
Has a point especially with supporting crypto businesses. But to those who are not, they are more likely minding the price volatility of Bitcoin as we all know. Losing in gambling plus a sudden decline with its market price means loss in two ways. If they won’t be needing to pull out their holdings then that would be fine but what if they are needing to do so? Hence, it is still reasonable for those who are not using main token holdings in gambling activities.
I use all of the methods listed in the pool for gambling. It doesn't matter to me, bitcoin, fiat, other altcoins. It totally depends on what is happening at the present time. Currently, gambling with bitcoin with the rate of fees is left to for who do not mind and can afford it. I imagine going through the pains of funding your casino wallet despite the high fees and losing all of the money. There is no consolation that at least you got something back from winning. It is winning on both ends because miners are winning with the high fees and casino operators are winning when you lose. For me, in times like this I stay away from using bitcoin. USDT or Ethis the best choice for me.


Stable coins indeed would be a better choice especially for your peace of mind. There will be moments of regrets in every pump or dump with the market prices of the tokens we usually hold. At least with stable coins, you’d be at ease that the amount you’ve lost would stay as is, without any regrets.
939  Economy / Gambling discussion / Re: Can a gambler be a good bitcoin trader? on: November 11, 2023, 09:05:22 PM
Yes, and what would link those two is risk tolerance. Gamblers are also investors in the first place; they know how risk works and they tend to gauge tendencies of winning over losing. With trading, analysis would work more often than with gambling which involves more of one’s luck. Anyone could be a gambler but not all gambler would be good with trading or investment; either it is too fast or that profit in gambling is harder to earn and get unlike with trading wherein one could adjust the margin of his bet. Problem only is the difference with the risk present on each category. Actually not only a good bitcoin trader but also investor of other fields than to just rely solely with your luck.
940  Economy / Gambling / Re: QuitGamble.com - Free Help for Problem Gamblers on: November 11, 2023, 08:13:04 PM
Quote
The website is available in English, Spanish, Swedish, and soon French and Portuguese.

It would be great for you to add another language which is Filipino as there are more gamblers here in the Philippines who are struggling to control their addiction.

As I have checked your website, it looks neat and decent to me at least. I choose not to register though as I do not want to input my real details into it.

When it comes to your app in the Google Play Store, despite having 1,000 downloads there is no honest and genuine feedback from those who are actually downloading and installing it compare to the Apple App Store, you did have a couple of 5-star reviews.

In this area alone, you really need to push for organic honest (and not paid) reviews in the Google Play Store. Just my own honest opinion.

In my view, I think the site look and feel can be improvised further. The design looks a little dull.
The content is good though as there are many videos and membership forum.
Coming to the language, I agree with you that few more languages can be added.
OP can either create a poll on this post itself or create new one or may be fetch data as to where the number of gambling addicts are higher.
I agree with knowing the data of which game has more gamblers. It could be a lead to have a more efficient strategy to help gamblers avoid addiction. With the site’s UI and appearance, it is indeed needing some enhancements to make reading more comfortable. Some would say the content would matter more than the appearance but technically speaking, the interior of a platform plays a huge role. It would make a platform easier to understand and would be more encouraging and interesting to check out. If it is just ways to cope up with addiction of an unwanted behavior, there are other ebooks and articles to help you but things would be better asking those who experienced such state of mind, to learn from their mistakes. All in all, this is indeed a good project.
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