I agree, although I would not say that in sports betting there are better odds, it is simply that you can make money in the long run (although it is difficult). Technically speaking, casino games and lottery are games where the bigger the sample of results, the player always loses.

For example in the lottery let's assume a type of lottery that distributes only 50% of the proceeds in prizes. Then the RTP is obviously 50%. What is attractive in this case is the big jackpot. If someone hits it, even if it is very unlikely, it will change his life and he will most likely get much more money than he can spend on lottery in his lifetime, although mathematically if he could hypothetically live thousands or millions of years and continue playing the lottery, the net result would always be a loss and would tend to be a 50% loss on what was wagered.

Btw buddy, fix the quote, there is a "]" missing after [quote author=alegotardo link=topic=5419094.msg61241157#msg61241157 date=1667612104

I understand that casinos have to make money but with things like this I'm not surprised at the number of people you see on this forum who believe that strategies like Martingale and its variants are a good strategy to make money.

To make it clear; Martingale is garbage. You are not going to beat the House Edge, and with garbage strategies like that, yes, it is very difficult to have a very long losing streak, although not impossible and in the end it ends up happening, but what you are doing by increasing the bet when you lose is risking more and more to win only the initial bet.

Although I am sure that no matter how clear I make it people will go on and on.

Well. A thread in Meta with the word "scumbag" in the title, I'm pretty sure it's been seen by most of them, including theymos.

It's just that the example you give doesn't apply to cryptocurrency casinos, which usually have lower deposit limits than that. In fiat casinos I'm not sure, I would say that in Pokerstars and other Poker rooms, the minimum deposit is $10. And what you say about the fees doesn't make sense, as I see you have been told.


I agree. Who wants to deposit $1 or less in a gambling site? Even if the minimum bet is one satoshi. When you win you won't win anything.

It is clear that by now both theymos and the moderators have seen this thread, and for some reason have not banned him again.

I am not going to insist too much, because it is clear to me that according to the forum rules he should be banned again and that unban him was a mistake. This is not a case of scams, which are not moderated in the forum. It is a case of clear and repeated breaking of the rules.

If they are not going to ban him again, there must be some reason that they could explain, but it seems to me that this is going to be another case like those of plagiarism in which people ask a lot of questions and there is no answer.

I am going to say from memory a quote about Poker that I seem to remember was said by Amarillo Slim, but I have searched on the internet and I can't find the reference:

"There comes a time in every Poker player's career when things go much worse than he could ever have imagined.

The difference between a winner and a loser is that the loser believes he doesn't deserve it."

When I said "logical", I wasn't being ironic. I would have done the same, so it wouldn't be filled with people calling me a scammer and the like. I think in the last signature campaign he managed or tried to manage that's what happened. I remember something like that but I can't be bothered searching for the thread.


We don't know it for a fact. I actually don't think anything bad will happen with this campaign, so I think he will simply try to rebuild his reputation.

I think livecasino.io managers also say they have funds in escrow and they personally hold them, like Royse777. So I think suchmoon is right.

The difference in their case is that they don't have money problems (at least that we know of) and both of them have to agree to move the funds.

That's fine. I've got a few replies already and I think maybe on the Gambling Section there would be more low value analysis and even shitposts.

Well, better late than never. He fooled me too, although I stopped believing in him when others were still defending him. You can see that he has a special ability to manipulate people.

In his ban appeal thread we can see how I stopped believing in him:



https://bitcointalk.org/index.php?topic=5399515.msg60608570#msg60608570

https://bitcointalk.org/index.php?topic=5399515.msg60619902#msg60619902

But as I said, we all make mistakes, the important thing is to realize it and correct it.

He has started a signature campaign in a self-moderated thread. Logical I guess.

[OPEN] SINBAD MIXER Signature Campaign. Up-to $75/w | Payment escrowed

I personally have nothing against him.

I suppose much of the problem we have seen is due to relying heavily on forum income. That's why he didn't have a cooling-off period after Bitlucy.

I generally recommend to anyone that they have a lot of life outside the forum, and especially that most of their income comes from non-forum sources. I suppose there are some exceptions but for 99.9% of people relying heavily on forum income is a big risk.

Do not confuse a very low statistical probability with a mathematical impossibility. It's like the lottery. Most of the time the big jackpot doesn't hit anyone. The probability that someone will hit it is so low that it is close to 0. But with the millions of people who play there are weeks when someone ends up hitting the jackpot, whose probability of hitting it was also close to 0.

Bump.

I am thinking of moving the thread to the Gambling section, as BitcoinGirl.Club suggests

This is the thread I created:

0.003 BTC for the best analysis of this NLHE 6-max poker hand.

This is what he suggests:


I'd like to hear from moderators or even from Sir theymos. Otherwise I think I will move it tomorrow.

Edit: I've just PMed theymos and hilarious, so I'll wait for a reply.

naim027

To lift the ban was a mistake but I can understand it because we all make mistakes. However, not to permaban him and his alts it's an even bigger mistake.

What positive contribution does he make to the forum?

Nothing. He lies, manipulates, makes people believe he is a good person and a victim of circumstances while he breaks all the rules. Today he is lecturing people in the Reputation Section:


There are many reasons to ban him, but mostly that he ban evaded repeatedly. Anyway, I am sure he will create new alts and farm them up, but at least it will cost him time and effort. And I hope he's dumb enough to get caught again.

Poker Player already has some game going on:

0.003 BTC for the best analysis of this NLHE 6-max poker hand.

What happens is that if you don't have some idea of poker hand analysis you're not going to win it, and that, since it's an analysis, it's not that much fun.

In the end, October was not as bad as it might have seemed in the first days of the month, but there is nothing to get excited about either. We have high inflation, forecasts of power outages in winter and the war is doing more and more damage. The euro has lost 15% of its value against the dollar,

Big falls in the stock market occurred in October but in this one, within the downward trend, it was not a disaster, although I don't think the situation is for many joys either.

I am not surprised about stompix, as he has been an optimist for long, even since high inflation started a few years ago, before the war. If the EU starts to grow 3% and inflation goes down to 2% I don't know what he will do, build a paper airplane with that toilet paper and fly away, I guess.

Of course. This is my case. I wouldn't say rich, but I certainly haven't gone broke in this crisis and I have increased both my income and my net worth, despite the general decline in financial asset valuations.

Controlling what you spend, spending less than what you earn, trying to earn more (either because you get paid more with your main job, or because you look for side jobs that give you other sources of income), having an emergency fund and investing, investing, and investing repeatedly will improve anyone's financial situation. The only thing missing here is giving, which is gradually becoming a more important part.

It is not about buying a couple of yachts and a desert island. It is about improving your economic situation from your current economic position. And anyone can do that, especially in developed countries.

The OP has not been very successful with his hunch, because it is nothing more than a hunch.

A casino can make a lot of money without doing weird things like he posits, if it is able to attract enough players (through advertising) and able to keep them coming back (by providing them with a good user experience, plus promos, etc.). Add to that a good management of funds and we see that online casinos are extremely profitable, just look at the gambling section of this forum and the signature campaigns.

They don't need to do weird things like the OP thinks,

Another thing that many people don't know is that gold trading commissions eat you up. If you buy $1k of gold today and go to sell it tomorrow to the same place, at most you're going to get $950. These commissions go down as you buy larger amounts but for the average person it only makes sense to buy it to keep it for a long time as a store of value and liquidity.

It is better to buy investment gold, bullions, than coins for example, and the last straw is for those who buy gold jewelry as an investment, because if you buy, for example, a gold bracelet worth $1k, you are being charged for having done it as costume jewelry. If you go the next day to sell it they will pay you the price of molten gold and I don't think it will be more than $250. Another thing is that you or your wife like to wear the jewelry.

But in short, if you want to buy gold, better bullion and better in the very long term.

Neither Italy, nor France, in practically all of the EU, if not in all of it, a license is required.


The same goes for the rest of the EU countries, the casino that wants to operate in Italy, needs a specific license from Italy.

This is what I think is going to apply in not many years to cryptocurrency casinos, as many people access from those regulated countries to them, without the need of vpn or anything, and the houses turn a blind eye. Only when they have a big win and require KYC the problem that we can see repeatedly in the Scam Accusations of the forum arises.