Today, I am going to write briefly about the Random Number Generator(RGN) and its importance in online casinos. So basically, what the RNG does is to ensure that when we play our favoruite casino games, it creates random number, thereby ensuring that the result of every game are random and fair. No one would enjoy playing a game where they have no fair chance of winning. So, what is its mode of operation? If you play slots a lot you would have noticed that there are random symbols that appears on the reels. And when it does, it determines whether you have won some cents, a dollar, or more. There are complex algorithm that have generated the random symbols. The same thing applies to other online games too.
In the past, I used to think or believe that the random numbers generated were controlled by the owners of the online casinos. I was wrong. They have no control over it. Instead, there are companies that monitor it to ensure that the numbers generated are as random as they are. Imagine the manipulation and bias in the game results if online casinos had control over the RNG.
Personally, I feel that the RNG is the most important tool by which gamblers can measure an online casino's fairness, transparency, accountability, and honesty and that it operates in an ethical manner. For me this is the major role of the RNG in the online gambling industry.
As a gambler have you ever read up on how the RNG works in online casino games, or do you simply trust that it's functioning properly?
It varies hugely from casino to casino, there is no one set rule that they must be using third parties to manage their random number generation - which could even add more danger to the process for the gambling company or customers. These companies should be able to competently assess the random number generation within their games and while they do not control it, they specifically state that x amount of games will be weighted to the advantage of "the house" so you have to wonder how they integrate that selectivity. It's also worth pointing out that these numbers are not necessarily random, which is very difficult to do with computing the relies on all sorts of architectural quirks, but as close an approximation as can be achieved with current hardware & software. |
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If bitcoin crash today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment. There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shoot down and now he does not have a cottage. So I ask again if bitcoin crashed today what will be your description rich or poor?
Bitcoin has spent the last 10+ years going through different size boom and bust cycles, it's still undecided where it's correct value lies. It does seem to be somewhat connected with the success of the wider global economy and when money is cheap it can flow into these more extreme assets looking for a return. If you want stability then you should look for a diversified portfolio as it is the only way to avoid the very worst of the excesses, however you may not get rich quickly. One thing to consider is that the higher bitcoin goes, the market cap grows exponentially and that makes it much harder to push higher, at it's peak of around $60k it had a market cap of around $2 trillion so for Bitcoin to reach $120k that brings the value of all bitcoin to $4 trillion, absolutely huge numbers. |
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Is it possible to run a decentralized gambling platform? I know that all popular gambling platforms have no choice but to be transparent to the law to have a steady business running, but with the introduction of CBDC and yes a registered gambling platform has no choice but to accept CBDC too, and I don't trust this centralized currency, I believe CBDC will have the capability to monitor incoming and outgoing funds, so that is what makes me think if it's possible to run a decentralized gambling platform at all.
It definitely can and as others have said, in the early days of Bitcoin this was often the norm, because it was considered a new wild west territory that did not get much attention from gambling regulators who might have deemed it a passing fad. It's even possible nowadays, but probably much harder because ultimately the owners want to get paid, or at least need to cover bills, so they would have to be able to generate - at the very least - front companies to convert some of the funding via banks into fiat for regular business bills or staff salaries. At that point, unless they are being a bit tricky with their wording, then the banks are definitely going to want to know a more detailed source of funds and may start asking the business to validate their customers to be sure that no nefarious money washing is taking place. |
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Elon Musk has been in various complications since purchasing the popular social media Twitter. After purchasing the social media he imposed various restrictions on the intention of the users. Since becoming the owner of Twitter, by eliminating employer he tried to reduce the company's costs. No one including the users could accept his various thoughts regarding on twitter. As a result, today he has to announce the sale of his Twitter at half of the buy price. $44 billion Twitter is now $20 billion. Elon Musk has made such an offer to sell shares to Twitter employees.
Elon Musk cofounded and his four popular companies are Electric car maker Tesla, Rocket producer SpaceX, Tunneling startup Boring Company and
Twitter
He may be a big businessman but nothing can be imposed ignoring the sentiments of common people. Since Elon Musk's purchase of Twitter, 14 of the 30 companies that have served as advertisers they have stopped promoting in twitter. Naturally, Twitter's revenue has declined and is likely to further decline in the coming days.
Although he is financially one of the richest businessmen in the world, it is also worth noting that the share prices of his other companies could fall through losses on his Twitter purchase. In my opinion his main mistake was disregarding public sentiment. What is your concern?
It's actually hilarious and very entertaining to watch Elon self destruct large portions of his wealth, but a bit unfortunate that he is having such a huge effect on free speech while he drags his various companies down. He had to be reprimanded by regulators multiple times when his focus was on Tesla, because he had a tendency to create misleading or downright unprofessional outbursts at anyone who questioned him. He must be an absolute nightmare to work alongside yet he takes credit for most of the intelligent engineering performed by other people. The fact that he has torpedoed over $20 billion dollars in the space of a couple months is sweet justice and hopefully some of his flock of blind followers have seen the light. |
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When some people ask questions about gambling, such as "Can someone can make a living through gambling? I don't like to engage in such conversations because those who doubt that gambling can change someone's life are usually those who have gambled and failed multiple times or those who don't really know gambling strategies.
Recently, a Uganda pastor who won 100million shillings decided to shut down his ministry. This left me with several questions in my head, such as ' Do religious leaders gamble? Is it right for religious leaders to gamble? Knowing fully well that most of them preach against gambling in their religious places. What is the ethical and moral implications of gambling, particularly in the context of religious practices and beliefs?
It's maybe a bit sad and rude to say, but at the same time I believe that anyone can learn as much as they desire. Intelligence and education play a major factor in whether someone can or will be a successful gambler in the long run. There are also many other factors, like whether they are able to learn and practice their skills in a relatively stable, potentially low pressure environment. Another starting point is that they must have a lot of patience and a keen interest in learning how to master one of the few avenues of successful gambling - like poker for example. There are many different techniques that they may choose to master, but it requires constant learning because there are always hunters out there seeking to capitalize on your smallest mistakes. |
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If you're young and haven't inherited a property from your ancestors, chances are that you're forced to rent. Personally, I've been renting for over 6 years and have been living with my girlfriend for the last 4, sharing rent and utilities. Overall, we've both spent over 25,000 together, and after spending all this money, you're practically left with nothing and may be subject to looking for a new house at any moment.
The average rent for a one-bedroom apartment is between 300 and 400 at best; thus, I was thinking that taking a loan is as costly as paying rent per month, but after 15-20 years, you end up with a house. My main concerns are the following: First, if you're in a long-term relationship like myself, you can never be 100% sure that you'll be with that person in 20 or 30 years from now, which might prevent you from opting for a loan. Secondly, you need to be certain that the location or city of the property to be bought is convenient for future job offers and so on. Thirdly, because a loan is a many-year commitment, there's no guarantee that you'll be able to afford the monthly payment 15 years from now.
On top of that, finding the ideal house as a renter is almost impossible; there's a lack of housing, and rents are extremely expensive and unreasonable at the same time. We had a difficult time finding a house recently, and it's far from ideal. There is now a new government-funded loan program that is about to start, funding up to 75% of the loan interest-free while the rest is funded by private banks and is subject to a relatively low interest rate. This led me to think about taking a loan and purchasing an average two-bedroom apartment, but I have the concerns that I voiced earlier.
If you find the right mix, renting can be a very valuable aid and work out quite well. When you're young it gives you a huge amount of flexibility, which can be very useful as you figure out where your career is going and whether you need to be in a certain location to maximize your salary potential. If you're jumping around every 2-3 years making your way up the ladder, being tied to a geographical location while you pay it off could actually reduce your lifetime earning potential. You can also use that flexibility to increase the gap between your bills and the eventual deposit that you might accrue towards a house purchase in the long run, if you commute into New York from the suburbs and earn a mega salary - it opens up huge possibilities for relocation in future. |
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My little experience while trying to look compare these two types of bets
I could be right or wrong maybe you can share your own experience to know how it goes.
Last night was trying to bet on live matches (Sports betting) although most of the matches already started running and while some have few minutes to start, after selecting about 10 to 15 matches to place my bet it was a bit difficult due to odds were dropping as well changing so I managed to place the bet and it went successfully.
After few minutes I decide to take a look into vFootball i could also get some winning over there, Surprisingly i was wipe with their manipulation at this point i just have to quick to wait for the previously bet matches to finished running.
Have you experience the manipulations over vFootball betting?
Though i don't know if this thread already created, If yes then ref here i would be happy to locking this thread.
Do you mean virtual football betting as in - esports? or the completing fictional betting "games" that some gambling sites come up with, similar to those ancient horse racing arcade games you'd find? If it is esports, then there is certainly plenty of competitive spirit and high level skills going on there, with games often played to a very high standard. However if you're on about the completely orchestrated and rigged virtual sports games in general, you might as well hop over to slot machine type games, because they are just random number generators that are geared towards paying the house all winnings in the long run, with some flashy graphics and enticing sounds integrated in. |
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I really need a clarification on this. Is chasing looses in gambling same as looking for closure because i recently read an article on reddit where the poster said that he will gamble untill he wins just to look for closure. I have been thinking about this for sometime now because closure has the same characteristics with chasing looses which is even when the gambler is loosing he will still be gambling just to recover all his looses.
Somebody seeking closure like this is still stuck in completely the wrong mentality, they are holding on to any excuse they can in order to squeeze some extra betting out without facing reality and it's a very slippery slope to follow. Like with many hardcore addictions, it's only when you hit rock bottom that you really can decide that it's time to let go, some people are good enough to keep it "recreational" for their whole lives and it never becomes a problem when it comes to gambling. However, when you have reached that point the only way to start healing is to stop gambling entirely and not start chasing a new theory, because you're still a gambler while placing those supposed final bets. |
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Whatever period there is, investments will be always risky not only in this industry but in general. But regarding current market behavior, I gues this is a better season to invest given how market prices are showing signs of recovery from being down low for almost a year. Also, there's this anticipated bullish trend which is something to look forward to, which somehow lessen the risk. Again, there will always be risk but atleast worries would be lessen right now compared to last year wherein it was hard to even foresee recovery from the market. The only thing you should be careful of is choosing the right ones to invest and I'd say huge names would be the best choices since these tokens are the ones who could sustain sudden declines and ones who'd lead once bullish trend is again visible.
You can never predict the future, but at the same time there is always some bargain to be had when it comes to proper investing. Speculating on cryptocurrencies is hard to call investing, because it simply does not have a long enough track record to do comparisons. It's not like the stock market, where you can see over many decades the gyrations that it goes through - the dozens of booms and busts. The stock market is also made up of many individual companies that are actually producing goods or offering useful services, unlike the many altcoin variants that are simply clones with a slight tweak with the pure intention of making the original "developer" a bit richer. |
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I believe that fraud is the biggest issue that online casinos are facing after settling with the LAW to keep running their businesses, and I believe that the combination of Artificial Intelligence with human assessment will help prevent frauds.
With AI it will be more easier to eliminate frauds and set a stronger level of protection because AI is far more capable of doing the intense cross checking and and more complex security checks, it is a load of work for human to do cross checking themselves as the chance of missing a spot is possible due to tiredness or laziness. All these work load can be shifted to AI and leave the investigation cases to humans to fix.
What else do you think a gambling casino can benefit from using AI technology?
It would be interesting to see if AI could be utilized at building more effective random number generators or analyzing the existing ones available. They underlie the whole mechanism that casinos rely on to drive profitable results and are always gamed to the advantage of a casino. It would be interesting to see if there are any potential weaknesses in games are setup, although they will still rely on some variance, this sort of probing could find bugs in the games which would highly benefit either the host or the player to know about. It could also try many different combinations to spot patterns which a player might overlook, but which could be very profitable if played correctly. |
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I wonder if higher education will help for entrepreneurship?
I am more interested in how much theory will help in this, because during a long study we do not get practice, this will be possible only when we start doing business, until that moment we will not be able to know how much it will help us.
This can help us if we need a license, but in some cases it can be obtained without a higher education.
Statistically, 95% of entrepreneurs have a bachelor's degree or higher and I wonder, for those of you who are involved in entrepreneurship, how useful was higher education for you?
In my experience people who are entrepreneurs have actually strayed away from education, but it sort of makes sense that they might go through university just as much as the average successful business owner. Some people like to get straight out into the world and make practical attempts at making money, often trying lots of failed projects before figuring out profitable streams of revenue - which themselves might dry up over time. Higher education could certainly give you a more structured approach and some useful ideas for business, while also teaching you very practical skills like book keeper or networking to grow a group of complimentary connections. |
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A Ugandan Pastor by the name, David Ochieng is said to have shut down his church after winning money equivalent to about $140,000 through sports betting.. The church members came for their normal weekly services and were shocked to discovered that the entire place were locked, and the pastor no where to be found, the pastor was later contacted, and he confessed that he become a pastor out of greed and not because God called him ... This is an interesting news to read, please read the full version of the story here - https://tribuneonlineng.com/pastor-shuts-down-church-after-winning-n100m-sports-bet/The above affirms to the fact that many, are into what they do, not because they love it, or because its their calling, but because of the money they get to make from it, just imagine how many years this pastor have deceived his church members into believing he was genuinely called by God to serve as a pastor.. Now my question is, As a business or as a career person who is also into gambling/betting, would you quit your current business or career if you won the same amount of money from gambling/betting? Be sincere and state your reasons for your decision.. Seems a bit strange quite frankly, as these sort of pastors are renown for milking a lot more money out of their congregation. I wonder how long he was preaching about being righteous and fearful, all the while he was gambling as a side hobby. He might have won $140,000 (or one million in local currency), but at what expense did it take to achieve I wonder and who's money was he spending to get there? I wonder if this really is such a ground breaking sum, maybe he is old enough and can use it for his retirement plan, he better be quite economical with it - while it sounds a lot it might easily run out after 10-20 years and because he's a gambler he might fall back into the trap and lose it all. |
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This news is really interesting and should excite the crypto lover a lot. Since we know that the crypto space is all about a decentralized environment and everything is trusted on the public ledger, the same thing was proven by the recent event of US bank collapse that happened recently. SVB lost its major players which were mostly centralized exchangers. This followed the collapse of USDC the second-largest accepted stablecoin in the market. It lost its dollar ratio and had highly unstable circumstances. Soon after the market got aggregated a whopping 25 billion dollars worth of volume is getting traded or exchanged over a decentralized market. This is recorded high all the way after 2021 trading volume. This is a clear indication that whenever a centralized market is baffled people are moving to a decentralized market to secure their funds. It's clear that if the centralized market is relying on the banks then their funds are not secure and it could create a chaotic situations like FTX and thus everybody thinks their funds are not safe at all. Decentralized crypto exchanges facilitated a record high $25 billion of daily trading volume on Saturday, according to Defi Llama data.
The previous high of $24.3 billion was in May 2021, when bitcoin (BTC) was worth roughly $65,000 and ether (ETH) $4,400.
Trading activity surged on a wave of panic as USD Coin (USDC), the second-largest stablecoin, lost its peg to the dollar following a short-lived banking crisis in the U.S.
The majority of trades took place on decentralized exchange Uniswap, with weekly volume of $31.7 billion. On the Curve protocol, meanwhile, traders rushed to flee USDC a move that prompted an unbalancing of the protocol's equally weighted stablecoin liquidity pool.
Circle, the company that issues USDC, calmed concerns by reiterating that every USDC token remained backed by one U.S. dollar, despite having $3 billion in exposure to the troubled Silicon Valley Bank.
Volume across the decentralized finance (DeFi) sector has remained high in the wake of the depegging with a weekly increase of 255%, according to Defi Llama.
Traders' confidence in USDC was demonstrated by a surge in on-chain leveraged positions, with $70 million being at risk of liquidation if the stablecoin was to lose its peg again. Decentralized Exchanges Posted Record $25B Daily Volume as USDC DepeggedI've literally never seen the term USDC before opening this thread, maybe that means I'm far outside the loop or they just never had mainstream reach. Either way, if the majority of trading took place through one exchange, that sort of signifies a type of rigging that was going on, because even one of these supposed stablecoins should be receiving a lot of interaction across many different exchanges. It makes you wonder if uniswap were somehow part of the operation that looked after USDC and tried to benefit in more ways than one. It doesn't mean much, as many cryptocurrencies have fallen over just as quickly and it's a rather bad point to make on that basis. |
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In my opinion, I think referral bonuses are typically waste of one's time because of its processes that seems so impossible to claim and recently I came across a thread https://bitcointalk.org/index.php?topic=5437603.0 seeking for Casinos with paid referral bonuses and I tool out time to read most of the responses there and they all seem impossible to claim referral bonuses. I wish to know if anyone has successfully claimed referral bonuses and how easy was the process and what Casino did you claim those bonuses It's not really that complicated and as long as you stick with the biggest crypto casinos you find here, they have ever incentive to pay you out. These gambling operations make huge amounts of money and gathering new customers via referral programs is one of the cheapest ways they can generate new business. However you'll find that their referral terms are directly related to how much the new customer spends, there is no point them paying out $25 per person for 10 new referrals if they only spend $5 dollars - something that is commonly overlooked by people who complain, however this again is usually described upfront and maybe not always understood. The real big money is in affiliate programs from other sources like social networks or website advertising. |
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I had this barber friend in a neighboring hood I lived a few years ago who is a very good barber and has his own barbershop. He does home service from time to time too. Hes really good so he has a lot of customers but at the end of the month he always struggles to pay the rent of his shop. I spent most of my free time with him at his shop so I know the number of customers that walk in for a haircut daily and I know what his rates are, so by calculations, he should be making enough money even after rent and other expenses required to run the shop. So one day when he complains about rent I asked him how much he makes in a week and he couldn't tell me an estimated number.
Long story short, I educated him on how to keep financial records and record every single penny that comes in and goes out of his business. I also made him understand how this can help him cut losses and make more profit.
The point of this whole story is that I have encountered a lot of people who have small businesses and don't even bother about keeping records in their businesses and this single reason could be a hindrance to growing your business.
No matter the kind of business you do, you should be able to know if you are making a profit or running at a loss. After analyzing a distant relative business I found out that she was taking money from another business to sustain another business. In the long run, both businesses will go under. Not only does a good financial record help minimize losses but it also helps lessen the burden of your taxes.
You don't have to be a big corporation before you keep a record of your daily financial transactions. And no, it doesn't have to be a perfect or standard financial record or statement. It could be done in any way you and the next person will understand. It should just include all the money coming into your business and all the money going out of the business in whatever form. At the end of the day, you should be able to know how much you made in total, how much you have at hand at the moment, how much went to your bank account, how much is in the hands of debtors, how much you owe for bills and to your customers or any other person or entity.
An accurate financial record helps you;
Know the progress of your business: It's through the financial record that you know if your little business is safe or about to go under. If your business is safe your records will also let you know how safe you are. When your records have enlightened you on the future of your business then you can now make a decision based on what the financial records show.
Identify income sources and reduce unnecessary expenses: When you look at your financial records at the end of the month and you see the business not heading in the desired direction, then you do something about it, You can either start cutting down expenses that are not necessary or identify the part of your business that generate the most income and put more focus on it.
Allows you to attain complete regulatory compliance: I stated earlier that an accurate financial record helps with your taxes. Of course, you have to pay taxes, but you can't do that accurately if you don't keep an accurate financial record and that might put you and your business in trouble with the regulatory bodies in the future. Not only does our financial record help figure out your taxes but it also supports the items written on your tax returns.
There are many more benefits of keeping financial records and I know it's not the most exciting part of your business but it is essential to your business. It doesn't matter how small your business is, be it, laundry, hair salon, boutique, online store, etc, always keep financial records.
I have always wanted to organize something like a free seminar and educate the owners of small businesses in my community about this but I'm a very introverted and shy person so I don't know how to go about it, please I will appreciate ideas.
Some of this sounds fairly obvious, the main one being keeping track of your finances - you must be on top of your incomings and outgoings if you want to identify whether your business is successful. It's key to also look at all the secondary expenses that you may overlook, like driving to and from the work premises can add up to a lot of money over time, so you better be paying yourself a salary that can cover that too. Not to mention, most people will have to submit financial records in the form of tax returns, both personal and for a business they run, so it's better to keep a running tally instead of letting it pile up into a huge job performed once a year. |
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Most of the time I play Blackjack & Dice. I have always noticed that when I bet a large amount I am a loser when it comes to Dice. Also in case of Blackjack when I bet big amount I get wrong card due to which I lose the bet. On the other hand when I bet small amount I win in case of Dice and if I bet small amount multiple times I win multiple times. In Blackjack, when I bet small amounts, I am always get good cards and win the bets. Thus the cycle continues. I have noticed that it is not an easy thing to withdraw from having achieved something great. I always gamble for fun with small amounts and lose them but I don't care. But I started playing blackjack yesterday with $1k and noticed that the casino sites are somehow cheating us. I lost my $1k yesterday. through Blackjack. What do you think about casino site algorithms? Are they cheating with us?
Surely in the scenario you've described, why would you not keep betting small - if you supposedly win off them, or just keep your betting pattern consistent. It's not like you have any control over the outcome of the game, you think that somehow controlling the bet amount means you can predict the outcomes. If you are betting bigger amounts and losing it is going to sting a lot more, so that becomes more memorable and your small bets become more cloudy. I think it's obscene to blow through $1,000 in a day on a website which tells you that the house has the advantage, it means that given a long enough time period they will take every penny of your money and they have done just that. |
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In my country i observed so many people doing rally and blame the government why the basic needs price rise and the salary is still very low and not enough for daily expenses, is this the effect of the Ukraine and russia war that makes the gas or crude oil so high at price and they pass the gas expenses to the product and it ends to very high price of the basic needs that make us very poor, I see government has a move to resolve the problem but many people are still blaming the government.
The government could potentially achieve this, countries like Norway with it's sovereign wealth fund - where oil money was directed into a big public purse instead of being sold of for pennies to private shareholders, are rather successful. However politicians are often short term, very egotistical and usually looking out for their own interests in the long run. Whether that means they have subtle bribery teased in front of them, like cushy consulting jobs after retirement or generous hospitality packages for smaller favors. The world of business is constantly trying to manipulate laws to increase their advantage, maybe by stifling competitors or deregulating at the public expense. |
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With how much CBDC's are being developed for use as a legal tender, do you think there is a future for gambling with CBDC's? Last year (2022), Macau which is popularly known as the gambling capital of the world due to it's booming casino business were planning to give CBDC's the status other accepted Legal tenders had. It raised the question of it this will prompt casino's in the city to begin accepting CBDC's for gambling? The government in Macau did not say when; The government has not established a deadline for when or which digital currencies will be accepted
But it is something to expect. If Casino's in Macau begin accepting CBDC's, It may prompt other casino's to follow suit especially in places where CBDC's already have the Legal Tender status. Gambling Capital of the World Macau to accept CBDC as Legal tenderIt sounds, as always, that this is in the most basic and early stages of becoming a possibility based on the information in that article. Anything connected to China is also going to be a grey area, good luck getting your money out if a company goes rogue or they simple decide not to pay you or a politician decides to change the law one day. The fact that China has banned Bitcoin shows they are clearly against the whole idea of cryptocurrency, which fits in with their theme of trying to centralize control of everything, which has been shown to fail many times throughout history. It will become an interesting story when a more free and structured government starts to allow this functionality. |
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Some will call this a stupid question 😅 but yea, it's just something that came to my mind today after giving a lot of thoughts about Bitcoin.
Is possible to open a personal savings account in the bank and always send money to that account and when you are ready to collect the money, bank will give it to you, my question is, is it possible to also creat a Bitcoin wallet and always send Bitcoin to it as a savings? if you do that for some year without going back to the wallet, will anything happen to your Bitcoin or the wallet?
There is nothing similar to bitcoin savings that I know of because it requires a rather sophisticated financial setup which is probably far too risky with the volatility cryptocurrency has shown. Essentially most banks offer a return on savings deposited with them by lending that money back out at higher rates, through relatively stable fiat currency transactions. The problem is that people tend to convert any Bitcoin borrowed directly to fiat currency, which means that if there is a problem with the borrower or the asset, like Bitcoin suddenly sky rocketing in value - it can cause all sorts of problems. Is the borrower expected to repay both the payment rate agreed but also the skyrocketed price of Bitcoin now they have to buy back into it with much more fiat currency. |
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I was recently browsing the internet on a topic as to why cryptocurrency gambling games are so addictive. This topic is not only about online crypto gambling please do remember this before replying. While going through multiple websites for my topic I found out that the online gambling industry has been growing rapidly. The growth has been significant as in 2021 the global online gambling industry size was recorded at $61.5 Billion, whereas it went up to $79.8 Billion in 2022. The rise as per my understanding is significant. While going through different websites I stumbled upon many websites which were about the top most played games in online casinos in 2021-2022. I have listed down the top 4 most played games below but my question is which one of these do you consider to be a game of skill or a game of chance? - Slots
- Balckjack
- Baccarat
- Poker
I think Slots is a game of chance and Poker is a game of skills. Do you agree? It's obvious and doesn't need much discussion - which games have people been able to master over entire lifetimes and turn a profit? It's basically only poker on that list, which still includes an element of chance but it can be overruled in the long run by skilled players. A truly skilled poker player can read others around them, subtly price up bets to determine value, bluff their hands if positioned perfectly and generally take many profitable steps. However blackjack (not including card counting which will get you ejected) will always favor the house in the long run, as the dealer will have a fixed play up to 16 or 17. Slots are a farce and nothing other than flashing lights, noises and graphics trying to visually impress. |
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