in a chinese quotes
10 people who bet, 9 loses, only 1 win
Well i guess its true, even most casino, betting edge is only 1%, because of human's nature, we tend to lose more than we win, else casino will not make profit
True. Because I am unable to remember when the last time I completed a day with gambling with profits. I remember I have made some profits in gambling but never finished a day and withdrawn profits. Maybe the reasons are failure of emotion control and being greedy, just to multiply my profits I was never successful to finish my gambling with profits. |
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maybe because gambling with bitcoin keep us stay anonymously , and some people afraid if they can get jailed if gamble with fiat, maybe my answer will same with the others but that is my opinion, in my country gambling is illegal , and gamble with bitcoin help me much
that's the power of btc because you just need an internet then you can enjoy and play, also the reason why many gamblers supports this types of gambling no need to sign up or reveal your personal info. Many will rely online gambling and bitcoin will give them the satisfaction that they are looking for. Because of its anonymity and fast transactions. Many gamblers will love to use bitcoin as they gamble and it depends on what type of gambling game they will going to choose. No need to go for real casino's, you can just simply visit a virtual casino at your home. Gambling houses are looking for non-reversible payment system to protect themselves from scammers and possible bankruptcy. Gamblers are looking for anonymity as well as hassle free payment processor from taxes. These two expectations are meeting at a point just due to bitcoin payment system. Yes, it is highly beneficial to both gambling houses as well as for gamblers when using bitcoin payment system. |
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I see that sign campaign has been running more than 1 week
No this topic was created and locked for few days before came to action. Payments have been sent to those who qualified.
I am sorry I believe this is not fair for a fixed pay campaign to disqualify without giving exact payday information. (OP is still missing post count and payday info). I have 25 posts till yesterday kindly requesting you to consider to permit one more day for first round. I will not be having any problem for next round if it will have only 6 days. |
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That and people saying 0.01 is a big bet when at the real tables it really not at a real casino.
Well, if you think that amount is considered as big bet, I think you are not rich. That is just a small amount for the rich as they more like x100 of that amount even in a single bet and guess what, they can easily let go of the emotion if they lose with a big amount as we think. Gambling is good as entertainment if you are rich, that's for sure. Yes it is a good entertainment if you are able to keep on gambling and you have a lot of fund for it. But if you are a poor person and it seems that you are an addicted gambler then that is not going to be the best way to keep on gambling. But I think, when a person becomes richer his mindset is changing and it is more focusing into business and not gambling anymore. Right but there's the biggest catch ! When you get rich and have a big bankroll and you know about gambling then you wont be able to think about working hard and earn money, rather you will focus on finding a good way and winning from gambling. I think rich or poor gambling should be avoided unless you took it as a fun activity totally. |
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Maybe if you want to win the bet $ 5 and above you have to put big bets. Because if you put a big bet you'll get a huge amount if it wins in the bet. For the strategy maybe I do not have specifics, but the most important thing you should be able to play and have skills in playing. Besides it can choose a better game (most likely get a bigger profit) such as sports betting, poker, blackjack. Because in the game I often get benefits. And the most important thing in gambling is self-control. We have to know when to stop so as not to lose all the money and still be able to keep the advantage.
Not sure what you are trying to say dude. I think self control is yeah needed but there is no way of winning 5$ at all from gambling, yeah with investment you can earn 5$ daily with some exceptions because house does go in loss. I think the best way to win from gambling is not gambling at all. |
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I don't like very much. In this game we can't set our strategies to earn big. We just depend our luck hoping to make profit with the machine. I prefer Dice, because there the real profit comes, there you set your method to earn and you can receive a good reward for your smartness.
Yeah the chance of winning is lesser than dice games. It's just luck and there's no strategy or method that we can apply in slot machines. For me, It's just for fun and entertainment for playing slot machines.. don't care if I win or lose. Even with the dice gambling, strategists are hardly working. I could not find any differences between dice and slot machines. Because, I tried different methods and strategies with dice, but I was never successful whereas I have already adopted slot machines just to go it only with luck, maybe that is the reason I do not try them for profit making. |
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lot of difference between bitcoin and real money because. bitcoin is decentralized and real money is centralised, no one can take money from our wallet.
bitcoin is not printed like paper currency but it is stored in computer electronically.
Yeah that is a major difference and that is the reason the government of some countries hate bitcoins. They believe that introduction and fluent use of something like bitcoins will affect their income as they won't be able to charge offensive and useless charges from innocent population. |
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It depends on which sports you have the best knowledge and you are most interested in and in that sport chances of winning for you will be the highest.For me its cricket and more often than not i predict correctly in that.I also know about soccer and basketball but my winning percentage in highest when i am betting in cricket.
Here in North America Cricket isn't really that popular. However when I was watching it internationally in the past, it looked like a pretty entertaining sport. However it looks like betting on Cricket results looks very difficult. Much easier is to bet in play matches in cricket. You can play over by over betting and hence much easier to know that the runs will be more in the death overs and lower after a wicket has fallen. But that been said, I have personally bet a lot in cricket and I am yet in loss. |
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No ,that's why it is prohibited under 18 of age .Kids should learn how to value money and not to spend on gambling .iF they put it on gambling or played gambling on under age surely when they age at 18 they are the ones who got addicted to it.
It's prohibited but with bitcoin anything is possible, if kids have an idea about bitcoin it would be easy for them to gamble as gambling sites are not restricted when you try to access, no required information needed so it would be easy for them. Not just with bitcoins but actually every site just asks are you over 18 years and once you tick it they agree, kinda foolish but hey, they also love low age gamblers since they are more aggressive and greedy. I think actually if you see casinos owner's want kids to play and while originally gambling was made for mature people. |
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Gambling is illegal in our country but I can gamble using bitcoin, so I am using bitcoin for illegal activity specifically gambling. Big question,
Who will arrest me then?
Unless you are living in some kind of police state then gambling with bitcoin is not bound to bring a lot of attention to you, besides online gambling is in a little bit of a gray area and when you add bitcoin to the mix things become even murkier. The problem here is, okay suppose gambling is illegal in his country but the thing is that he should be aware about it and follow it. The sites will not distinguish that who is from which country, they can also use proxy if they want. So, it is people doing illegal things not sites nor bitcoins. Human will use any technology for his benefits both in legal and illegal, that must be the history human race. |
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I prefer different games for different kind of gambling. I prefer slot games on the internet, today there are tans of sites with great graphic and bonuses and they accept bitcoins, I think that is just cool. I use it to kill my time when I have nothing to do. But for real gambling I chose poker. I love to spend some evening in a company of friends in gambling, especially in winter. Wine, sigars, nice talk and poker. What can be better?!  Real life gambling has more fun and excitement as compare with online gambling, imagine a lot of hot girls there to play in real life casino and very hard to control on our emotions, but playing on online casino we can do gambling with limits and can control on our emotions easily, that is why I will prefer online gambling. Both got different advantages and disadvantages, but many people like me don't have access to real casinos so easily so for us online gambling will be easy to access and also many people don't like to go to the real casino because they want to gamble anonymously so nowadays online gambling has become so popular. Yeah here too we do not have a lot of casinos in our city and even in our country there are not many casinos. I have played in online casinos online and sometime wonder how wonderful it is to play roulette in a offline casino, though I have seen live roulette spins but physically being there must be awesome. |
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How can you really say that when we are beting low we always win and when we bet high we always lose and how can you say that this is not true? based on my experience i always see this thing there always odds when we gamble but im not talking about dice im talking about the graph in bustabits when im always bet low.
Well, if you believe that you win when you bet small and loose when you bet high then why actually you bet high ? because you actually think that you have the same chances on both high and low bets. I think gambling is right till you take it rightly and the moment you start taking it too seriously it become wrong for us. |
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If it's too good to be true then it's definitely a scam. If you doubt investing to it, just invest a very small amount from your portfolio like only 5%. Don't let your emotions get over with you. Just set a maximum percent from your portfolio to invest so either scam or not, you won't lose all your bitcoin easily.
Yeah right, any site or user that suggests a curious profit plan without much insight on what they are doing is usually a scam. Investing in things that are known to give profits for example investing in gambling site's bankroll is always a nice idea, since they are proven and just have to invest in the right site then. |
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Any business that is successful and bring profit to both owners and workers/members is great.
If only company owners/admins can make money, and all others loose money, like in online casinos, such business can't be good.
I plan to start online advertising business and accept Bitcoin as payment option.
All members will benefit from this business, even free members.
I don't know if this is the best bTC business to create but I believe it will be good business, any way.
Your idea of online advertising and accepting bitcoins as payment is good. This could be a good primer for an online business in bitcoins. It could be a way of generating bitcoins and also trading could be added to this idea. It's good to have different option of business so you also have different opportunity to make money. The best way to make money here which is very common is through trading and investing and I have been doing it since it does not require a lot of skills to do to be able to succeed in this journey. But trading is not a business means you cannot rely on it too much. I think making a gambling site could be a nice idea because there are almost 50% of btc users who gambles or knows about it at least, so if you can create something unique you can expect a lot of traffic and hence profit making would be possibly handsome. |
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For me the main advantage is the possibility to send packs of 10000 satoshi to my members...
this would be almost impossible with other ecurrencies because the fees would almost be higher than the pack...
Yes, we can even spend the fees according to our need, which other currency allows such facilities ? I mean we know that the transaction is needed to confirm fast the we pay 0.0002 and if we think no hurry then we can pay 0.00002 , I have in my life never seen anything so flexible and controlled by users. |
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This title is not 100% correct, it should be "the house is always in profit". Mathematically speaking, there is a probability to be profitable in the long run, and some players actually are, but the house will be in profit, because more people will lose in the long run than win.
And there is a wrong myth that people are loosing because of house edge. Its not, see any gambling site and see the wagered amount and their profit and you will see its much more than 1% of the wagered amount. Suppose, I give you 0.01 will you be able to wager 1 btc with it ? Very difficult and thats what I mean. |
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Bitcoin casinos have taken online gambling to a whole new level, not only because they offer gamblers the advantage to play anonymously but also, because anyone anywhere in the world can gamble on bitcoin casinos bypassing any country’s regulations. Bitcoin unlike Federal Reserve’s introduces the concept of virtual currency which is based on a mathematical formula. This is the rise of a decentralized, safe gambling environment. This is so because anyone can access the software and convert the Bitcoins. The online gambling industry is experiencing a revolution that is overly favorable to the gambler. The Bitcoin unlike most systems does not require one to fill an authentic record of information but instead offers pseudo accounts where gamblers have no physical links pointing to them. The technology allows for a single user to hold as many accounts as they please with varying addresses.
This is great, and a lot of it is true, but one part I didn't like: "The online gambling industry is experiencing a revolution that is overly favorable to the gambler" I'd dispute this. Casinos and sites are still raking in the money and all the games are still very much so skewed in favour of the house. It's become a lot easier for gamblers to start gambling and sustain it in the era of bitcoin, but let's not forget all of that money ends up in the pockets of the sites. Well, if you see sites like bet365 then the games there are not even provably fair. We just play them because we trust them, moreover even in the quick games listed on site there is a house edge of around 10% which is wayyy high compared to the 1% house edge offered by btc casino. Then, what problem you see friend ? |
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Girls need not to gamble as they get everything from guys who gamble to fulfill the desires of girls. Gambling is a stressful process and girls don't take part in such things. They just support or enforce guys to gamble for them by keep asking different things. Girls gamble on guys not in casinos.
I never ever in my life heard about a girl who would ask a guy to gamble for her. Usually girls try to avoid risks and keep guys away from them also, so gambling is a big no-no for girls. So when she asks to gamble for her it can only mean that she is manipulative and abusive person who only cares about herself. Indeed mate. Most girls will not do that because of the risks. Girls will not allow guys to lose their money especially in gambling.. It's an isolated case if the girl asks for you to gamble that very very rare scenarios. I have to agree, yes there might be some girls who are curious in nature but encouraging his husband or friend to gamble money for winning is something rare. I have in my life never seen a girl or women who gambles or even encourages it, I have seen divorce cases because of their husbands being addicted to gamble and loosing all (not online, but local gambling lol) |
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my trading strategy is very simple i do trading in a very very simply way i have my own strategy and that is that i do trading in a limit and never try to invest more than that limit.
But when do you sell and what coins do you invest in, I mean what you see and invest ? Because personally I am not a tech and hence always find it like gambling about which coins to invest and when to sell them, because too early and you miss profit and too late and you are out. |
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Bitcoin is much profitable than paypal and i think that bitcoin has a possibility to be the worlwide currency I also believe so, I call bitcoins the currency of people because see there is no one controlling our money and it is completely decentralized. I had some buyers in past who took bitcoins from me and paid me paypal and then charged back the funds. I do not know why but paypal is the most risky processor right now. |
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