Gold buyers binge on biggest volumes for 55 years
Central banks are scooping up gold at the fastest pace since 1967, with analysts pinning China and Russia as big buyers in an indication that some nations are keen to diversify their reserves away from the dollar.
Data compiled the World Gold Council, an industry-funded group, has shown demand for the precious metal has outstripped any annual amount in the past 55 years. Last month’s estimates are also far larger than central banks’ official reported figures, sparking speculation in the industry over the identity of the buyers and their motivations.
The last time this level of buying was seen marked a historical turning point for the global monetary system. In 1967, European central banks bought massive volumes of gold from the US, leading to a run on the price and the collapse of the London Gold Pool of reserves. That hastened the eventual demise of the Bretton Woods System that tied the value of the US dollar to the precious metal.
Last month the WCG estimated the world’s official financial institutions have bought 673 tonnes. And in the third quarter alone central banks bought almost 400 tonnes of gold, the largest three-month binge since quarterly records began in 2000.
“The message these central banks are sending by putting a larger share of their reserves in gold is that they don’t want to be reliant on the US dollar as their main reserve asset,” Menke said.
Some in the industry speculate Middle Eastern governments are using fossil fuel export revenues to buy gold, most likely through sovereign wealth funds.
The world continues dumping US dollar, I've already talked about India buying gold and many times about Iran accumulating gold over the past couple of years. Now we have evidence of the other Eastern powers buying large amounts of gold. Many other smaller countries that don't fall into the global geopolitics like Qatar, Turkey, Uzbekistan, some African countries, etc. are also accumulating more gold. This is the New World Order that is forming in front of our eyes, the old Dollar standard is slowly but surely going away which is causing high inflation in US as all the unbacked dollars they'd printed all these years are being dumped on USA itself and even higher inflation is seen in any country that is importing US inflation like Europe. Experts suggest that if US wasn't exporting its inflation, the real US inflation would have been somewhere north of 450% and that's where it's headed as the dollar dumping continues. I recently watched an analyst who suggested that this is World War 3 which will be fought (at least for now) economically. The East vs. West as the East dumps US dollar that strains US economy. China suddenly lets loose COVID on the world (this past 2 weeks) that is already showing an increase in EU and US. Oil price ends the year with the 2nd straight annual gain and the general high energy prices among other things is slowly rendering EU useless as an economy and industrial power. Although economy is not the only battlefield (we have energy, food and actual armed conflict between proxies) but it is affecting us the most. It is even affecting bitcoin price as it has successfully prevented its rise to higher ATH last year and even changed its bull trend and crashed the price below the previous (2017) ATH for the first time in bitcoin history. With that said, 2023 outlook is already bad economically speaking. How much of the points I raised do you agree with and how do you see 2023 specially when dollar dumping continues?While I have no doubt that a few countries are trying to diversify away from the dollar, see: Russia. All you've presented is a chart of gold purchases and you have just made up an entirely unsupported narrative, aka a lie. It makes you look quite naive and foolish, or just a sad propaganda puppet. There could be all sorts of reasons why gold trades are happening, Russia may have a lot and simply need to sell it off because they don't have access to trade via the world banking system, other countries like India might be taking advantage of the situation while it is available and buying up large quantities far under market value. Neither of these mean what you have suggested in the title and you're conspiracy crap like New World Order shows your ridiculous slant on the story. |
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Just as the topic implies, What really are your thoughts on revenge gambling?
Revenge gambling can be seen as a situation where one chases after their loss after making huge loss which to me ends up a disaster.
One of the major reasons people chase after loss is
*using money they can't afford to loss to gamble
*Over expectations.
These two are the major reasons people indulge in revenge gambling and my questions are
~ What are your thoughts on revenge gambling?
~ what other reasons would make some indulge in revenge gambling?
~ What are the measures to help combat revenge gambling?
Please lets discuss
It's a dumb name, as there is no revenge taking place - the gambler has just lost control if their mind has gone to this place and the only person they are damaging further is themselves. There is nothing vengeful about it, as you are basically just donating even more money to the place that took all your other money before that. There are few ways to properly protect yourself from this scenario without learning discipline and self control, but these things are often beyond the abilities of a problem gambler anyway. If you do suffer from this problem, the best solution is only to remove yourself from gambling altogether, otherwise you just end up tilting and losing vast sums for nothing. |
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I personally think that the phrase "gambling for fun" is widely misunderstood by many gamblers.
They think gambling for fun means gambling without any interest or hunger for profit, no body enjoys loosing money, and this in the other way simply means, loosing money is never fun, but how we choose to react is what makes the difference...
I wil tell you all what gambling for fun means to me personally..
Here Is What Gambling For Fun Mean To Me
To me, gambling for fun simply means - gambling, with hopes of making profit, but with the consciousness that if the profit does not come, I choose not to react negatively to the loss, or allow the loss way me down or make me feel bad, I just focus/put/fix my mind on the fun I had playing the game rather than focus or fix my mind on the money I lost.
If gambling for fun means gambling without any need or hope of making profit, why throw away or waste my money then? I would just put the game in a demo mood and play - I believe a lot of casinos have this feature.
But like I explained above, gambling for fun for me is not gambling with no interest in making profit, in gambling for fun, I hope to make profit, but I just consciously don't make the profit a priority, this means that if at the end of the game, I make a profit, i am happy, because I hoped for it, but if I don't make profit, I am not sad, I am not unhappy, because it wasn't a priority, and for me not to feel sad, I get my mind off the money lost and focus on the fun I had playing the game - Being happy is a choice, I hope we all know this.
So over to you now, what does gambling for fun mean to you as a gambler,? As I know that this phrase might mean different things for different people, would like to know what your understanding is on this.
The only distinction to be made here really is gambling for fun or gambling as a career. The only people really falling into the second category would be professional skilled people like poker players able to compete at the highest level, who are able to make a consistent profit because they have higher skills than the majority of their opponents or have a knack for reading people. They might be able to grind a profit without necessarily having a fun time of it. |
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I consider myself a gambling addict. However, unlike gambling addicts, I'm aware of my addiction and I know how to control it. What I love most is playing poker and also sports betting. The latter is the one that screws me the most. Even though, I can get some real good profits,
sometimes I get wild and end up losing all of my money.
To avoid, running after the loss, I have set up the responsible gambling in my account and it helps me a lot to control the bad beats against my will to recharge my account and ending up losing it all again.
For me this has been working for quite some time and it was a way I found to prevent me from throwing money that I need away.
Any of you guys uses the responsible gambling feature? If so, what do you think about it? Is it helpful or does it only gives you a sense of control
What I'm noticing more of lately is gambling companies actually heavily advertising the responsible gambling angle, I guess as it gives them legitimacy and cover with certain advertising outlets that might otherwise shun them. It's good more sites are offering a range of options but I suspect that the most prolific gamblers who would benefit most from it never actually use these features. |
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Now you have $100,000 in your account, pure savings, and you don't need this amount of money to cover your daily expenses. Obviously it's good/free money to use at will. Let's say if you deposit the money into a bank and the annual interst rate is 3%, you will get a steady interest income year by year. If you use this money to buy Bitcoin, let's say the BTC drops to $17,000, you'll buy less than 6 Bitcoins. In the long run, what would you do with this money ? And why ?
Investing tends to be the best way to go over time, but with a few caveats. It's definitely worth having an "emergency fund" of a few thousand to cover expenses that might pop up and avoiding having to pull invested money out. As the major cost with investment is the fees and these are often triggered by things like selling. If you want to make money with banks then do your research and buy a few shares of the best ones within your diversified portfolio. |
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I do not know about you guys, but I gamble because I like it and because it is a hobby as well as an addiction. I'm good with myself, as I already admitted to having an addiction but tried to find and apply techniques to avoid getting off track and spending all of my money on gambling. It's quite easy for me to control my gambling anxiety as I already follow strict rules that help me stay on the line.
What about you guys? Do you have any addiction to gambling? What drives you to gamble? Is it the long shot of having a big profit coming in or is gambling simply a way of spending time for you?
For me, it is just something to pass a little time but also looking for opportune mispricing by sports betting sites and often taking advantage of free bets. I could easily ignore gambling forever but it does provide a small income with a bit of patience. I never found any interest in casino game gambling which has no skill element and is engineered to sap all your money given enough time. There drive is I can accrue a few hundred per year which can be spent on other more productive things. |
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Qatar spent over $200 billion preparing to host the FIFA 2022 world cup. They spent that money on constructing roads, airports, public spaces, stadiums, gas stations, and more. They constructed seven new stadiums and renovated one to make it eight stadiums for the world cup. The cost of building these stadiums has been estimated to be $6.5 billion. They spent $36 billion to construct the Doha metro, and for the Pearl accommodation complex, they spent $15 billion.
While FIFA takes home most of the profit generated from TV rights, ticket sales, and sponsorship deals, it is estimated that FIFA will make $17 billion from the tournament.
There will most likely be an oversupply of some of the infrastructure, especially in real estate. It won't be the first time though. The Maracanã stadium in Brazil was abandoned after the 2014 world cup.
1.5 million people were in Qatar for the tournament but as stated earlier, 100% of the ticket sales go straight to FIFA’s coffer. About $4.6 billion was made from broadcasting and marketing rights and all of that goes to FIFA. During the tournament, FIFA covers most of the cost of running the world Cup but they pay about $1.7 billion to Qatar, the prize for teams that participated in the tournament is included in this money which is $440 million.
Since there were 1.5 million visitors in the Gulf country for the tournament, there will be a positive cash flow in tourism sales for hotels and restaurants and an increase in the sales of souvenirs and other consumption in general. The increase in investment and consumption should increase the taxes in the Qatar state budget but with the enormous tax breaks agreed with FIFA and its sponsors Qatar will not make much from that either. The exact loss on tax revenue is impossible to ascertain.
From November 1 till the end of the world cup, people without a match ticket were not allowed into Qatar, which means non-world cup tourists did not contribute to the GDP of Qatar through consumption. Other decisions were made that did not contribute to the cash flow. For example, from November 10th to December 23 the bus and metro access was free of charge for people with a Hayya card. This is a fan ID that allows ticket holders entry into Qatar and the stadiums.
Putting these into perspective, we can say that the FIFA 2022 world cup is not profitable to Qatar. In the short term, where most of the cash flow goes to FIFA, it does not make financial sense for Qatar to host the world cup.
For some nations they have more money than sense and this was never meant to be an economic boost for Qatar. It was simply intended to showcase their country to the world, which they did but it seems to have backfired in many ways because it showed how intolerant they are as a country and probably put any decent people off from visiting in future. However they have so much oil money it was simply a drop in the bucket, these huge stadiums will now no doubt go to waste or at least be heavily under utilized in future. Instead of putting this huge sum of money into something more productive like a sovereign wealth fund, they decided to fritter it away on a trophy project instead. |
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We may have been taught several times how to distinguish the intuitive voice from the voice of your ego. Although, it requires a lot of practice and patience to be able to tell their differences apart. One way I have learnt to tell the difference is this, as long as it involves emotions;
When I feel anxious, insecure, or tense from the thought of making a bet or during gambling, the ego is likely guiding me and I might likely lose.
Also, if am feeling uplifted and also feel like the idea is coming from a loving, authentic place, it’s probably my intuition making the call, and during this moment I make great predictions and attract good luck in the form of winnings.
In trying to relate this to gambling/betting, am more or less interested in, how does your feeling/emotions affect your wins or losses when making a bet or during gambling?
Do you care to know if the bet made was attributed to your feelings of ego or you simply followed your intuition?
Unfortunately many gamblers miss one key aspect of what you were saying and they do not learn from their mistakes. Many simply do not understand the simple mathematics involved that will lead them to lose all their money repeatedly - where someone who is curious will investigate and accept that it's simple impossible to make long term money from every casino game. At that point they are simply going through robotic motions, having long ago lost the slight endorphin buzz that kept drawing them back to play after making a few wins. They confuse a lucky streak of variance in their favor, which comes up every so often with having some form of skill attached to the game they are playing. |
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Regardless where we live, money is our top priority in order to survive and thrive. Having enough money to fall back on means we are entitled to more choice and possibilities. Like it or not, we are chasing or being forced to chase money in most phases of our life. Financial freedom has been most people's ultimate goal for decades, if not for centuries. To achieve this goal, we will encounter endless challenges. Each of us has a unique life situation so what is your biggest obstacle to achieving it ? I know we can make a long list of problems but there must be one or two primary reasons that really hold you back. This is where we should focus and I would like to hear your story. Thanks.
Time is the only obstacle to achieving financial freedom for me. In a good job that pays well each month and that money goes into an investment portfolio mostly focused on shares. In turn those shares pay out dividends each month, helping to buy more shares and grow money that way, which will eventually pay a passive income large enough to live off without needing to work for it. Hopefully possible to earn enough to retire long before most people with just a few years of financial knowledge and being open to learning new things along the way. If you're always just working for someone else then you will have a pretty boring life and be subject to their whims all along. |
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Everybody makes mistakes. It’s part of life. In fact, it’s through our mistakes and failures that we acquire the experiences and insight that allow us to succeed. Some people have a hard time admitting it when they make a mistake. However, successful people recognize when they’ve made a blunder. They learn from it, grow and then move on.
In order to help you avoid total failure, one have to avoid making mistakes repeatedly. Here are the some biggest mistakes successful people may make once, but not twice.
CONCLUSION: No one is perfect. We are born to make mistakes in our journey of life but making same mistakes often results to a total failure. We should always learn to avoid making repeated mistakes and also learn from our previous mistakes to correct our journey in life.
Do you even have permission to republish someone elses article here in full? They make money from advertising on their own website, but they would not be making money if you just steal the whole thing and post it here - even with a link included that they gain almost nothing from. If you wanted to be fair, you could have maybe posted 5-10 random thoughts from there and directed people to read the rest at their website, but you are just plagiarizing as it stands. The main two things that successful business people do is experiment with lots of different ideas in order to figure out what works and then extracting as much value out of working ideas as possible. |
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Sam Bankman-Fried is alleged to have lost $100M of FTX’s money at online casinos. It is, however, not the first time Bankman-Fried has lost funds either. The collapse of Terra/Luna in May caused massive losses for Sam’s Alameda Research Fund. In hopes of winning back some of the losses, it appears that Sam hit the blackjack floor with FTX money. Unfortunately, he dug the hole deeper. According to Nansen Research, he lost $100 million in Ethereum and USDT playing at crypto casinos like Stake, Bitcasino, and others. The dots begin to join and Binance’s unveiling of the misappropriation of customer funds now seems to make sense.]Sam Bankman-Fried is alleged to have lost $100M of FTX’s money at online casinos. It is, however, not the first time Bankman-Fried has lost funds either. The collapse of Terra/Luna in May caused massive losses for Sam’s Alameda Research Fund. In hopes of winning back some of the losses, it appears that Sam hit the blackjack floor with FTX money. Unfortunately, he dug the hole deeper. According to Nansen Research, he lost $100 million in Ethereum and USDT playing at crypto casinos like Stake, Bitcasino, and others. The dots begin to join and Binance’s unveiling of the misappropriation of customer funds now seems to make sense. How in the world did SBF decide that gambling was the best course of action for recovering the funds? It seems to me that he has terrible friends around him. Have you ever thought of gambling as way to recover your funds and pay your debts? Does this look like a case of compulsive gambling? Source: https://www.pokcas.com/sam-bankman-fried-and-ftx-bankruptcy/It's fascinating to see the destruction that these pop-up billionaires cause, their wealth exploded but they were actually really clueless when it came to finance and business. You could say this is ironic because the risky bets that led to the implosion of FTX were trading related which can be as risky as any casino, but I guess not when it's only other peoples money you're wasting. It'll be interesting if the auditors follow the money to these casinos and force them to pay it back, because you just know that they had flagged this user and should have been doing further checks when such large sums of money were being splurged out of nowhere. Yet another in a long line of terrible plays by this guy. |
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I did not find any topic talking about this matter, and since it is a problem that will come to the fore during the next month, I decided to create this topic.The federal debt limit of the United States was set more than a century ago, and some may believe that setting a debt ceiling means that obtaining debt will be more difficult, but the process aims to facilitate government access to debt, provided that it does not exceed a certain ceiling, and then there must be legislation that allows them to exceed that roof. Disagreements over the debt ceiling caused two shutdowns of the federal government and a loss of trillions of dollars, which is likely to happen and could cause a bigger crisis, especially with winter and the bad economic situation that we all know. The debt limit has been set at $31,381,462,788,891.71, or just under $31.4 trillion, and the government is close to reaching this limit even before expectations that it would happen during the year 2024, but we will reach that limit during the year 2023. What do you think and the possible effects if the United States defaults on its debts or its credit rating is downgraded? For more and sources https://www.washingtonpost.com/business/whats-the-debt-ceiling-and-will-the-us-raise-it-again/2022/12/02/f6bd2d76-7282-11ed-867c-8ec695e4afcd_story.html It's a bit ridiculous that this comes up so often and effectively results in the threat of a shutdown of the US government each time, that's a pretty dysfunctional setup that can lead to economic disaster. Especially as we seem to see politicians getting more divided and bitter in recent years, when they should be about compromise and finding common ground to work together. At this point the huge number behind it is almost irrelevant, but I guess it does serve as a reminder occasionally that runaway debt is irresponsible and might sharpen the minds on places they can save money. Funnily enough America is in a rather unique position as the default reserve currency of the world so let's hope they don't throw it away by breaking that trust. |
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If your friend would tell you hey bud I have 10k in BTC lets try to make it 65k. You play on the casino for me.
How would you play? what would be your game pattren?
Id probably do 1 game of black (20k win) then one game of roullete with 10 numbers = $65k profit.
what would you do
My first thought would be - is this friend very rich and 10k means pocket change to them, they wouldn't care if they lost it or not. For other people 10k might be their life savings that they took 10 years to put together and it could ruin them if they lost it on a long shot gambling. If they were low on money then just tell them to go home as it'll be a waste. Otherwise I'd go for the poker tables where you have a chance of outwitting a fish, but hope that you figure out if you are the fish early on or at least play very tight because otherwise you'll lose all the money quick. No point playing games that have a clear house edge, you might as well flip a coin with a random stranger for double or nothing. |
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We all have ups and downs in life. If you are old enough, there must be some painful period that you thought you'd never get over but actually you did. What was your lowest point in life ? Especially when it comes to finanical difficulties ? How did you survive ?
My lowest point was back to study overseas in XXX country decades ago. At the time, my moeny was robbed and the school kicked me of dormitory due to the overdue fees. I was reluctant to ask money from my parents and I was collecting garbage food for nearly two months to survive. Luckily one of my friends at church helped me find a part-time job and I lived on that little money for a long time. That was really an aweful experience but I am glad I made it through. What is your story ?
Funnily enough it wasn't until I began making decent money that I could look back and actually realize how much of a struggle life was years ago. Spent many years bouncing around doing casual type work which brings a very low salary and instability, it gets you into a very short term mindset where you spend money now and worry about paying it back later. That is a tough place to be and can limit your options, when you have money it is a lot easier to make more money with it. Luckily managed to avoid going to wild during those low earning years which allows the higher earning years to be a bit more productive after a small loan was paid off in the first year of a decent salary. |
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I keep seeing this game on TikTok(image below). has anyone tried the game? just to be clear, the app is not a gambling app but you need money in order to use their golf robot, they do have a free trial though. they have tournaments too where you can win prizes(not sure what the rewards are). I was planning on downloading it but it was unavailable in my country and from what I have read the game is only available in US and Canada.
anyway, the main reason I posted this here despite the app not being a gambling app is because the Idea of the game is good and I thought this could be a good game that can be included in gambling casinos one day.
Well.. you're linking to it rather unnecessarily so you are advertising it, whether that is your intention or not. It's certainly an interesting idea and it's been done elsewhere, basically bringing carnival type games on to a remote device. If there was a type of betting involved it would be interesting to see how the casinos would work out their advantages and how popular they would be with players. I don't think it's that interesting at all, but some people get drawn to virtual slot games and they might find it intriguing. As a one off thing to play, sure, and it could go in the suite of "live" games that many online gambling sites have to expand that section for minimal effort. |
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How do you think I made a bet with boost in my previous accounts? Neither Steve nor I said anything about it. I have presented so much evidence and if you are an employee of sportsbet (as understood in your profile), I request you to clarify this situation by revealing my past bets of previous accounts. As a sportsbet employee, it is unprofessional and unacceptable to say “no, you are not innocent” by not provide any proof, and try to support your argument by just mentioning a user's message. Your live support staff has made it clear (in the screenshots) that the boost is not a promotion or bonus, you can't just hide behind the odds boost being something in favor of the bettor. As a result, I did not abuse a promotion or bonus. Moreover, boost is a feature that is used in 24 hours on every account. I can't understand why Sportsbet excludes its own live support team from this issue, if you imply that what the live support team says is not reliable or if you find it unimportant why does this website have a live support team, is it a pawn used (in favor of the site) to deceive people at the end of the day? (a pawn whose words you care about when it's in your favor, and you leave apart form the issue when it's against you). Boost is a simple feature that comes to every account (as the live support team says), so I used this right when I opened an account. Moreover, if I hadn't used odds increase in my bet, I would have been betting at odds of 9, which would have earned me $19683, there is no dramatic difference between this amount and the amount you have to pay me.
All Steve told me was his disgusting accusations about me being a woman in the message you mentioned (I think you read it, but it doesn't seem like it) and a superficial accusation that I made multiple accounts because of the similarity of my emails. In other words, I don't think that "he doesn't answer you because you use that bonus", "he doesn't answer because you use odds boost" as claimed by you or those who have spoken in this topic before. In each of my proofs, this argument of yours evolves into something else strangely. Steve needs to speak HIMSELF. The prolongation of this issue is against sportsbet.io, and an authorized person (with their evidence, not with assumptions) should answer my evidences as soon as possible.
Repeating your same junk arguments again and again doesn't change anything. Move along to the next casino and try to multi account abuse them next. Why are you using the bet boost feature if it is not a bonus for you? Oh right, because from your own description it gives you favorable odds on a bet every 24 hours, I wonder why someone might like to have more than one account to take advantage of that? As the first person said, if you think you have a case - get a lawyer, but you don't so you won't. By your own admission you have created accounts at Sportsbet previously, which voids every single other argument that you could possibly try to make. "if I hadn't used odds increase in my bet, I would have been betting at odds of 9" Yeah - and if you hadn't won you wouldn't be here arguing this bet either, so yet another irrelevant point. Live support doesn't know the terms inside and out, they are people just trying to help, but you are bound by those terms because that is the agreement you made, even if you didn't read them earlier. You are the one prolonging what is a closed matter, they've already answered the fairest way possible to you. I see you've deleted a post just now as well, trying to curate your story when holes are poked in it no doubt. |
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Since electric vehicles are the future, there's a lot of attention for their development, and a battery is currently the most important part of the vehicle, because we still have problems with storing large amounts of electrical energy. The US is making a lot of moves for helping domestic manufacturers, which worries its allies The big idea is that a U.S. consumer can claim back $7,500 of the value of an electric car from their tax bill. But to qualify for that credit, the car needs to be assembled in North America and contain a battery with a certain percentage of the metals mined or recycled in the U.S., Canada or Mexico. Those rules become more strict over time, giving American producers time to prepar
President Joe Biden announced $2.8 billion in grants for 20 companies to produce batteries for electric vehicles in the United States.
The grants are being allocated through the Department of Energy with funds from the Bipartisan Infrastructure Law to companies in 12 states. The funding will go toward the creation of battery-grade materials including lithium, graphite and nickel.
Zimbabwe also decided to take advantage and try to boost its economy with some protectionism Zimbabwe earlier this week stopped the export of raw lithium from its mines and said that it wants cash in on the value addition and also stop losing billions to foreign companies via mineral proceeds, news agencies reported.
On December 20, Zimbabwe’s ministry of Mines and Mining Development in a directive published under the nation’s Base Minerals Export Control Act said that the move was made to “ensure that the vision of the president to see the country becoming an upper-middle income economy has been realized.”
It's interesting to see how they have structured the subsidy and from the sounds of it few current car manufacturers would meet the requirements for the cashback. You can see that the US government have gotten tired of all the outsourcing and do not want to let other countries get a lead in this area any more, we can see China which used to be a relatively low level producer of goods has jumped into fairly high level manufacturing now. It makes sense that America would try to protect or even encourage certain industries because China is also getting an advantage from suppressing it's currency and using it's huge workforce to get cheaper production costs - if they weren't a communist country it would be less of a problem. |
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It is important to understand that gambling is a form of entertainment and not a way to make money. The outcome of any gambling activity is determined by chance, and it is not possible to predict with certainty what will happen in any given situation. There is no sure-fire way to win at gambling, and it is not advisable to try to do so.
However, there are a few things you can do to increase your chances of having a good time while gambling:
Set a budget: It is important to decide how much money you are willing to spend on gambling in advance and stick to that budget. This can help you avoid overspending or getting carried away.
Choose your games wisely: Some games have a higher house edge than others, which means that the casino or other gambling establishment has a greater advantage. Choose games that have a lower house edge, such as blackjack or craps, if you want to increase your chances of winning.
Practice good money management: It is important to manage your money well when gambling, which means not betting more than you can afford to lose and being careful not to chase your losses.
Stay sober: Alcohol can impair your judgment and make it more likely that you will make poor decisions while gambling. It is important to stay sober while gambling to help ensure that you are making decisions based on clear thinking.
Remember, gambling should always be viewed as a form of entertainment and not a way to make money. It is important to gamble responsibly and within your means.
To me, it seems very low effort when you're just going to a chat ai bot to come up with some information. That being said, it has produced some good output and staying sober is a good one - extending that line of thinking would be staying alert and awake, as your play will get substantially worse once you become very tired, studies have even shown that tiredness can have similar cognitive impairment effects to alcohol consumption in some ways. The primary one though is, you need to have an edge over the casino and you'll never win in the long run playing games that the casino made themselves, you're best off learning something like poker if you think you've got the intelligence, skill and commitment to a game. |
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No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn. The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.
They do have some things in common:
listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself. You might find it easy to ridicule the poor, but it's often not easy to break free from this situation. First off it can require education which takes time and often money to acquire, although the internet does offer a wealth of information for free if you know where to look. In reality a lot more financial education could be taught in school about managing money and the perils of using things like credit cards improperly, the fact that mortgages are generally the only good type of debt worth having and all sorts of things. When you're low on money, you can also have a very short term outlook on life where it's hard to think about returns in a year from small amounts you might be able to accrue over time. |
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There are a lot of casino licenses we can see though personally I don't have a lot of ideas about which one is for what purpose and how they help the gamblers in reality. Nevertheless, I guess, in most of the crypto casinos, curacao is a common license we can see though I barely have ever checked out whether they are licensed or not LOL. What does a curacao license do in reality & how it can benefit us as a gambler?
What are the other common licenses & how they can help the gambler when a gambler faces issues with the casino; especially when the gambler gets robbed/scammed by the casino? It's something I guess we all should be aware of; I believe most of us don't know at all.
In reality pretty much all the licenses that are for sale are to give the appearance of a legitimate casino only. It can very from a simple rubber stamp, where a new operator hands over a certain amount of money and they are instantly given a "seal" they can promote as a "legit" organization. There are a few better countries which still require a large upfront sum, along with a reoccurring payment, who might investigate a bit more about the intended recipient but they are unlikely to help any customers. Unless it becomes apparently that the operation is a complete scam, which is a very high bar to set for these regulators, then they will continue to give that badge of approval while the payments come in - so the only meaning they can give is the owner at least put a little bit of effort in the getting established but if they want to run away with a lot of customer funds they could still do so. |
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