If gambling sites make everyone win all the time, how will they pay users? This is their business, you have to always remember that, so they will design games in such a way that they will fool gamblers and make them lose. This is a simple calculation. So if someone understands this and gambles a lot and loses, it is their failure. Because no platform ever guarantees that a user will win if they gamble there. Many can win big, it depends on luck. Some percentage of the losses of thousands of people are won by one lucky person and that person gets a lot of money. So if everyone individually expects something good from gambling, then it is just their greed, it cannot be a sign of their intelligence.
exactly casinos arent really benevolent, all the contest are schematic to favor them. That's what the casinos strength is whatever you called it house edge, the percentage of every bet they expect to win withing long term process. No strategy or luck can change that equation, even if you win in a row, eventually you'll come back and back to the expected loss due to the law of large numbers. So if you continue your wagering , your card always be in favor of the casino more than the player. That doesn't mean you're a loser as a person that's just the process how they give you excitment Duke |
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everyhere the math is analogous, whether you go for live or RNG.. you know the casino's edge still crop up from the wheel afaik european 2.7% where american 5.26%, it not crop up from the streamer, right ? ? if i tell about RNG or auto roulette then it runs faster so the hourly loss also increases faster, if i tell about physical then it is slower, is more social & the wheels are still checked. there is another edge you know, you will find lower limit & rapid spin in RNG table so it gives you cool excitment... imo it is super cool if your bankroll is tiny. so you just have to choose the real vibe, if you preffer speed & clarity then go for RNG or if you preffer atmosphere & control then go for live
Regards
duke
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^ but what if he becomes hooked on favoring his token more than he does for Bitcoin? Just a thought.
Trump and his family have never said they are bitcoin maximalists or just bitcoin supporters. Trump says he loves cryptocurrencies and wants to make the US the crypto capital, not the bitcoin capital. He was a businessman and billionaire before becoming president. That means what he cares about when he advocates crypto and calls on his family to invest is profit, not supporting the decentralized revolution. He and his family are working hard to promote TRUMP, WLFI and they are bringing them billions of dollars in profits. Don't be naive to think they are pro-bitcoin. |
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Honestly, I consider it an investment, I have never used it nor intend to use it as a currency even though that was its original purpose.
To me, an asset that is scarce and increases in value over time like bitcoin. Spending it is a waste, instead we should utilize its full potential to create greater benefits.
Overall, bitcoin is a multi-functional asset and its use depends on each person's needs. We don't care what other people use it for, we only care about ourselves.
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Nice catch, Joy, yeah that possible win isn't really yours until you cash it out. Cashing out can secure your gain and also reduce losses, if you dont go through this process according it also pushes you to bet bigger and regret it later. i have seen many times when casino let you withdraw unlimited and find easier bet you will get confidance to place bigger bet. actually it is not confidence, I can't call it anything other than greed. So it's better to have a precommit rule or just do a careful partial withdrawal of money if the payout is really a big deal for your pocket. I'll protect my money , not the fantasy lol.
Regards
Duke
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Anything that leads to risk management to minimize the amount of loss is always good to do, such as the stability that you apply to the allocation of the capital you bet, you also have a good idea that the first thing we should pay attention to is securing capital first, especially when we win, but for other ways related to some of the initial methods you explained about increasing the number of bets, in my opinion, it will not always be a benchmark for achieving victory, meaning no matter how big or small the capital you bring, in the end, the problem of winning cannot always be known.
Controlling your losses to the bare minimum is crucial because you can never be sure of the results. It's not a question of how much bet you increased it's a question of what kind of smart route you're willing to take so you should plan a disciplined long run strategy. i always follow systems like wagering a limited fraction of the optimal Kelly wager it help me to keep a sustainable growth with risk management and can help with the decrease of ruin chances. imo a compatible , conventional wager analysis helps protect your bet from huge drawdowns. So i always prefer a modelled risk-attentive plan rather than trying to get huge wins, mainly when we are never sure of what will happen. Duke |
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Those who gamble regularly should do it with a discipline. And should be very conscious about money management.
For example, we should do it with a certain amount, weekly or daily. Again , if I can set aside $ 500 for betting in a week. And after 2/3 days I have to calculate how many dollars I have earned or how many dollars I have lost. If I see that I have lost a lot of money, then I have to reduce the amount of betting. And if I see that I have won a lot of money, then I have to set aside the winning money for my personal expenses or for the next week. And if we can spend our money in this way, then it will be possible to avoid losing a large amount in gambling.
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It just so happens that in my own country Bitcoin is prohibited in any form of payment, but rather as a commodity asset or investment. Even though I can't feel the sensation of making payments with bitcoin, I think it's the same feeling as using other payment applications such as mbanking or other applications.
I have also never used bitcoin to pay any bills in my area but I have used it and some altcoins to pay online. But honestly, I don't feel anything special, it's just like when I use other payment methods. We have to remember what our goal is in having bitcoin, yes of course many of us will say it is an investment for the future. If I were in your position, I wouldn't use my investment assets for any payments, as long as I still had fiat money. My long-term investment goals are far more important and valuable than paying for food with Bitcoin.
I believe most of us are profit oriented but I think there is nothing wrong with using bitcoin for payment. There is nothing wrong if we want to experience that a few times because after all, that is the original purpose of bitcoin. Satoshi created bitcoin to be a peer to peer currency, not a speculative asset. It's just that we didn't use it for its original purpose but turned it into an investment to get rich. |
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if I'm not mistaken, no country who has come up with the plan of making a Bitcoin reserve that has actualized it so if your country becomes the first, it would set a rolling stone for others to follow.
Did you forget El Salvador and Bhutan? They are two pioneering countries in adding bitcoin to their national reserves. But maybe they are too small so not many people care and pay attention. If the Philippines can pass the bitcoin reserve bill, they will become the third country in the world to have a bitcoin reserve, not the first. But like the other two countries, the Philippines is just a small country in Southeast Asia and has the 32nd largest economy in the world. I don't think they can convince many other countries, especially the major powers to follow their lead. |
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Bet adjustment is actually about the management of risk and emotions. Pursuing after losses through bets increase can be potential danger, because a single wrong turn can erase you. Increasing after a win may feel safe, if you will be betting with the profit, yet it can as well backfire when the streak stop abruptly. From my view, I will prefer staying with consistent bets with slight adjustment, because stability provides better chances of lasting longer to avoid tilt. The concern is securing your bankroll at first, not going after fast swings.
You are right, in order to control your emotions, you should develop a habit of playing consistently with small tweaks. imo tilt starts when you chase losses or increase your bets, and this is one of the biggest gambling risks. To avoid this problem, you have to strictly manage both your bankroll and your mindset. I always have a nice break after a heavy game day, I never exceed my daily bet/loss limit, and I always stick to my daily gambling plan. And speaking of you, the steady rhythm you are in, it is very nice, that's how winners stay, hmm.. Good luck Duke |
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I like what you say, bhai. yes, but I'm not saying expectation management is a good thing. Slots are designed in such a way that the long-term RTP is always lower than the amount you bet. So the longer you play, the more the house will take your deposits in their favor, which is natural. They give you a thrill because it gives you that feeling of not being able to catch a big win for a moment, that feeling nudges you to keep spinning. Your 100X session is like that, when it hits it feels awesome and when it doesn't it feels brutal. If I were you, I would put a little money in the casino account and withdraw the rest, a little money is enough to have fun, and it's better not to chase extra drinks while gambling.
Good Luck
Duke
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Yes, they can if they have that big money. But that needs agreements on how they will share the profits. Those 100 billionaires will not just use their money without any plan.
No, they cannot. The net worth you see is the total assets of those billionaires. That means that is the money value of everything they have, not the money they have I their accounts. If we want to talk about the money they have in their accounts, I doubt 100 billionaisea will have over $2.3 trillion to buy bitcoin with. I believe so because if you add the total net worth of all the top 15 richest people in the world currently, it's not more than $2.3 trillion. The only way they can buy up the current supply of bitcoin is if they sell their assets, which they won't do. Also, since we're speaking hypothetically, if the top 100 billionaires start buying bitcoin, this will increase demand and thereby causing the price to skyrocket. A demand like that might even make the price of bitcoin skyrocket to a level they can't afford. Of course, it will correct quickly, but they won't be able to buy all of it. But if they're able to buy it, then what? When there is no demand, the price will just drop back and become worthless, leaving them with heavy losses. According to Forbes, the total assets of global billionaires are more than 16 trillion USD, of which the total net assets of the top 15 billionaires account for 2.2 trillion USD. Equivalent to bitcoin market capitalization. That means it doesn't take the total wealth of 100 billionaires, but only the top 15 billionaires to buy a majority of the bitcoin supply. That's the theory but in reality as you or many others have said, it will never happen, they will never sell all their assets and join hands just to buy bitcoin. It is meaningless and not beneficial to them. But through that we can see that bitcoin is still small compared to its potential. It's still too early to invest in bitcoin.  https://www.forbes.com/sites/chasewithorn/2025/04/01/forbes-39th-annual-worlds-billionaires-list-more-than-3000-worth-16-trillion/ |
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This will depend on the development of bitcoin. If bitcoin remains highly volatile and cannot escape the speculative asset label, it remains subject to manipulation and is frequently dumped whenever there is instability. I don't think banks will add it to their reserves. Because what banks care about more is stability and safety, and that is why they still choose and prioritize gold over any other asset.
Also, this could happen but not anytime soon as central banks are still skeptical and wary of bitcoin. The Fed, ECB, PBOC or BOJ, the world's leading central banks have yet to express interest in bitcoin, let alone add it to their reserves in the near future.
That is true that Bitcoin is a speculative asset and it being volatile won't be considered as a good thing by the banks. But I think that they will look at how it performed all over these years and that's going to break their standards about a stable asset. With all of the years of Bitcoin's existence, its tremendous growth and demand could be more than enough for them to accept. Wherever the cash flow is, there go these banks will be interested too. If they ignore the speculative nature of bitcoin and their own investment principles, and they are attracted to its growth and demand. Maybe they have invested in bitcoin for a long time, no need to wait any longer. But as we've seen and as I said, they're still quite skeptical about it. Not only banks but also large corporations like Apple, Nvidia and Microsoft are still standing on the sidelines. Even these corporations are in no rush to invest in bitcoin, so I don't think banks will change their minds anytime soon. |
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One is to catch when two players are not betting big against each other, which shows their offline relationship, while the second is to detect their IP addresses and check if they are online from the same device or location. We know that nothing is perfect, and there is a back channel in every program, but they are still trying to make the game fair for everyone.
Is it just the "same IP" or "not betting big" something like that? No, these two things are baby stuff.. Want to know the real action? Then listen, there are game-integrity teams that are run by the rooms, they also sweep the entire hand history stat/ML to detect soft play, chip dumping, ghosting, multi-accounting & RTA. You know, sometimes there are device linkages & geo signals from accounts, when something suspicious is found, these can be reviewed & the cheaters can be banned & the balance can be redistributed. I have also seen some poker room that use integrity councils & blacklists features to prevent fraud. I also agree with you the tools in these cases are not of high quality, but these are some of the best of the worst. Regards Duke |
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most importantly the rules will surely help in minimize losses and maximize your winnings too.
You are right that discipline and bankroll definitely help but they will not maximize your winnings in any way. You know every casino has a house edge & odd management, so your money management will never be able to overcome them,  . But yes if you have a good money management it will give you a lot of variety to play & prevent your bankroll from getting nuked. What I do is always choose lower edge games & follow basic strategy. I also use a fixed monthly deposit cap & set a play time which I do not exceed. You can even use pre commitment tools if you want, they will save you from overspending & losses. Always look at your winnings as a variation never think that you are a genius that is why you won, lmao. Duke Khan |
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Bitcoin is easy to store and carry around. You simply need to remember your 12-word wallet phrase and store large amounts of Bitcoin. Bitcoin has the advantage of profitability. It's decentralized, like a bank with only you in control. Gold, on the other hand, isn't easy to store in large amounts; criminals can easily steal your gold. But that doesn't mean gold is bad. It remains a leading investment asset today as a safe haven. Both assets have their own value, and investing in both is much better.
We don't need to invest in both, we just need to invest in bitcoin if we don't have too much capital. Because diversification can reduce risk but at the same time it will also reduce the profit earned. But we don't need to badmouth gold either, that doesn't make bitcoin more attractive or make gold less attractive. Because as you said, gold is still the top investment asset and the most trusted safe haven that banks and big investors still turn to whenever the economy is in turmoil. No matter what we say, it cannot change the fact that gold is still the best and most reliable asset in the world and is recognized by most people in the world. Each type of asset has its own pros and cons, no one is perfect or superior to another, just choose the type of asset we like. |
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Someday it will happen that most of the banks in the world have a reserve with Bitcoin. It won't just be gold of what they have in their reserve.
That is a big possibility that it's only a matter of time of when it will happen. Because the attention that's given to Bitcoin is already high and quite well enough to be recognized to be used in diversification of these establishments.
While there is no forcing that's happening for them, it's where the big money is flowing as well so they won't ignore that fact.
This will depend on the development of bitcoin. If bitcoin remains highly volatile and cannot escape the speculative asset label, it remains subject to manipulation and is frequently dumped whenever there is instability. I don't think banks will add it to their reserves. Because what banks care about more is stability and safety, and that is why they still choose and prioritize gold over any other asset. Also, this could happen but not anytime soon as central banks are still skeptical and wary of bitcoin. The Fed, ECB, PBOC or BOJ, the world's leading central banks have yet to express interest in bitcoin, let alone add it to their reserves in the near future. |
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However, gambling still depends on luck to win. So whatever it is, you still rely on your luck to win. People search for a way to win and they will try many ways to win, whether that is using a different strategy, choosing the sports they know, or how much the bet amount. They want to win and don't care how much money they will spend.
The probability of winning can be higher but the match can also change anytime. So they should realize how much money they want to use so they don't regret it when they lose.
What @OP suggest can be done but you should have the skill to analyze so you can know which team have a probability to win against the opponent. Many bettors will not think much about that. They just place on the team that they know can win from the opponent and place their bet.
Your luck might control your ticket that is agreeable however over time edge is really greater than our emotion. you have success only when the price beats true odds. You can even calculate it , frequently defeating the closing line CLV is the finest predictor for earning. Bookies do not completely equilibrium action they change because of public sentiment so pricing errors happen & predominantly when liquidity is thin. So yes, most gamblers do not affect the game however acting like it is just luck is not smart . So i could say we need trace CLV, shop lines & form smaller markets or else we will just be feeding them our money.. Regards Duke |
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Yeah it's unlikely that you will make money out of gambling. The way they attract clients how the games play with our minds different rewards and close margin losses give you a dopamine rush that makes you feel like you almost won. So you always keep on gambling and chasing, which the better i could say is a symptom of gambling disorder. Over time it starts hurting so the do or die way of thinking puts you in a trap and destroys your relationship and makes you lose a lot of money. So if you gamble do it for fun only, with a limited budget and time, no loans , no chasing & resting or else learn skills or invest, mate.
Duke Khan
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