Is it possible to stick with free spins on online casinos and still be able to make some good reward?
I am looking into the free side of things, no risk at all with free spins but the question is has anyone ever make something out of free spins before? Something reasonable at?
The last time I earned something free from gambling websites was when BTC has very low value and many faucets still run, that's couple of years back.
Frankly it depends how much you are willing to accept because the casino will dictate everything in this scenario - even if you get free spins through some kind of promotion, the outcome of them may be engineered by algorithms to automatically lose because you have not deposited anything to play. There is all sorts of trickery that could take place behind the scenes which you will have no influence or insight on. You might consider yourself lucky to make $5-10 per week from such free spins, but if you only do that and do not play with your own money, eventually the casino will figure it out and may prevent you from playing the free games again. |
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Let's keep in mind some important facts from the very beginning:
1. 45% of Russia's federal budget in 2021 came from oil and natural gas revenues
2. 49% of Russia's crude oil and condensate exports went to European OECD nations.
3. Supplies from Russia account for about 40% of the EU's natural gas imports
4. just under three-quarters of all Russian natural gas exports went to European countries in 2021
I hate when everyone talks about how is Europe, especially Germany going to replace the dependence on Russian gas? Wait, 20 centuries have passed without Russian gas and European countries still managed to not only survive but become the most amazing countries with the highest quality of life.
How the fuck is Russia going to replace the European market?
Russia has two options:
1. China - After Saudi Arabia, Russia is the second-largest gas & oil supplier for China.
2. India - Right now Russia accounts for 2% of Indian oil import after Iraq, Saudi Arabia and the United Arab Emirates.
Russia will try to increase its oil and gas export in China & India but we should also don't forget some details:
1. The reason why I underlined Saudi Arabia is that they are one of the largest suppliers in these countries and probably they won't let Russia to easily take over them.
2. China and India probably sees that good relationship with West is better for them and they may see that Russia isn't a country that loves freedom.
3. China may use this as an advantage and milk Russia like a cow, good for China but not for Russia.
Europe & USA have a huge advantage over Russia, this is the education. Where do people go dream to study? In Russia, no! In the USA, UK, Germany, Canada, France, Ireland, Switzerland and other countries? Hell yes! Were top scientists from Russia? Hell no! But from western countries - hell yes.
The fact is the fact - war has one advantage, it always accelerates things up. In this war, we don't need to focus on military equipment but on our weak sides, everyone sees how bad military equipment Russia has compared to the western countries. Don't you think that after all the innovations that come from the USA and Europe, can't we significantly lessen the demand on gas and oil if the situation really requires that from us as soon as possible?
Looks like the answers to this puzzle are now in place. Russia is much poorer and unable to sell anywhere near the quantities they sold (at much higher prices) to Europe any longer. Europe continues to cut back month by month because Russia is clearly an unreliable trading partner bent on war under Putin. Oil and gas prices have dropped to pre-invasion amounts which means that Russia is not even making a decent profit on the stuff it can sell elsewhere. The Russian economy is in tatters, Europe continues on without much difference and the Russian army has been shown up as the pathetic sham we all see before us. Putin actually had people fooled he was a competent leader, until he decided to invade a neighbor and cause everything to collapse on him. |
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Hello guys, as an attempt to protect new or old users on this forum , I think its mandatory for gambling sites to show proof of money they are holding in reserves . Unless casinos converts all deposits to a stablecoin , excluding UST hahahah , from year to date most of them should be running on a loss as most utilized crypto coins are down by atleast 65% and that includes Bitcoin .
There will be more and more accusations created to existing and also new casinos.
Goodluck,Be safe and smart out there!!
You'd be surprised - there are much more accusations that come when Bitcoin is on an upwards trajectory and people lose money. When it is on a downwards trajectory there will still be sore losers but there is less incentive because their money has actually depreciated since they lost it. Either way, these sort of casinos are able to weather the storm quite well regardless as the regular betting players that they have are often converting from fiat or have another source of cryptocurrency that funds their gambling. These casinos or sportbooks will often have a float balance which can cover most player bets, but they will often cash out beyond that point as they have bills to pay and profits to take. |
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Binance says an audit shows proof of reserves of customer funds. But its auditor will not vouch for the reserves nor the methodology demanded by Binance.
What do you think ?
1) Is Binance manipulating the crypto industry
2) Is Binance involved in any sort of money laundering
3) Is BNB being inflated at the cost of investors/traders money
4) What will be the fate of users if Binance in any case will be scrutinized and found to be a culprit
While I don't have much faith in that news source because I've never heard of it before, as soon as you hear these kind of rumors it can be rather unsettling. These are the sort of small indicators that you might have heard about FTX a few weeks or even months before the total collapse of it. Not only that, even if the company is perfectly solvent, if such talk starts to work it's way around then it can create a domino effect that turns a healthy company into a company ready to collapse. I just hope that Binance have been wisely reinvesting all the obscene fees that they've managed to collect over the years from their many customers, dunno if they still do it but that put me off them for good. |
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I have often played slot games at some trusted casinos these past few days. While playing, I often buy Bonus Buys and I do that in many slot games.
Which is the most profitable or generates the most profit between buying a Bonus Buy or playing normally without buying a Bonus Buy?
This made me curious because I tried it in several games such as Gate of Olympus, Mental, Fire in the Hole, Sword of Ares, Land of Zenith and others. And I see that buying Bonus Buy is more profitable. Is it really like that? What slot games often allow you to win more money by using Bonus Buy?
Note: Buying Bonus Buy allows us to win more money, while playing normally does not guarantee we can win some money.
It's an illusion of control - just like the mini side games that pop up occasionally after you've dunked a load of cash and build up the habit forming behavior by enticing you in further. You never see all the algorithms that are adapting to your play style, your bankroll balance and a thousand other factors in an attempt to keep you hooked for as long as possible and adding as much money as possible to the account. The only bonuses you might legitimately be able to walk away with are things like the welcome bonuses or any freebie games you might happen to win, besides that all the games are engineered to statistically give your whole balance over to the casino if you play for long enough and there is no way to avoid that unless you walk away near the start when you might happen to get ahead a little. |
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Look at world economy and people struggle with bills.
Look all that things most people not gona be fit enough to pay their bills.
Europe UK very bad situation and now when people need most credit the Banks don't give.
The solution is Simple leave fiat banks and go crypto.
Until there is no Fiat eur or GBP Stable coins we can use as central reserve Stable currency USDT.
Goverment and Banks failed so leave them and let them sink in their own mess what they created.
Crypto is only way not CBDC but btc and USDT nobody actualyy don't want anything from bankers anymore.
People Will use btc and USDT
If you disapoint once dont think people gona trust you twice. Off course dont cry or complain later If you trust them again the bankers and goverment it's ur own fault then
Business owners If they are smart knows only way they can survive is crypto.
Cash fiat currency as USD can stay becouse it's good to have USD in hands becouse we all gona use USDT Stable coins anyways.
Since the financial crisis of 2008 up until Covid, people had over 10 years of bliss when it comes to the economy. Jobs were plenty and credit was cheap, people are all too easy to forget the good times but like the action of the tides eventually it turns bad. People get too greedy, take too much credit, extend themselves too far and pile up on junk - then comes time to pay it back which requires cutting back, living frugally and in many cases waves of job losses as reality hits. Most of the more frivolous companies or ones that were never profitable but propped up on debt get wiped out, the jobs market gets recalibrated and then we slowly head back to the good times - rinse and repeat is the history of capitalism that no one is able to tame. |
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The thread is not to ask sympathy but to share lesson i learnt from gambling such as you can gain from it something. I learn not to play roullete frequently. Make your money and leave. For example come to a roullete game with 1000 usd try to mmake 5000 usd in 3 minutrs and leave. If you make good money always celibratre and make the winning lasting experience in your brain. With hookers champainge whatever you deem is neccessary. When you dont celiberate your winnings you dont have the winning energy that bring more wins. Read on meta physocs and the law of attraction. You need to celeibrate shit in order to bring more good luck. When you play witj self doubts and when you are pessimsitic you more likely to lose. Again energy manifest so know when to stop. Dont be depended on the casino for your income. Me fot example lost 2000 usd today but ill get it in 7bdays max from my work. Is not my life saving. I had good run this month im 4k profit somehtibg like that and not continue more except fron sportsbook. Also i learn that im good in sportsbook is only bets ill make. Games i lose today 1500 usd blackjack 1 hand. And roullete 500 https://ibb.co/p2YCdYFSome Beautiful wons i made this month 1400$+ with 40 $ in mega ball (live games online) 9600 usd with 2% dice (200$ bet) 1000 usd witj 100 usd in deal or no deal Sportsbook (watch previus threads) I don't know what sort of money you have available outside of gambling, but I couldn't fathom putting down a $200 bet on a game you know is tilted in the long run towards the house, I dread to think how many thousands you've paid right into the pockets of the casinos with nothing to show for it but some lousy "wins" story on a message board. You should just accept that all the money you've put into gambling to this point is wasted and gone forever - don't ever try to think you'll win it back via gambling because it just throws more money away. You should 100% stay away from any gambling site and maybe even get off the internet for a while to break the habit and routine. |
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If truly we are all here to share crypto experiences then this is another one, I could be the one lacking the knowledge but I believe creating this topic will open my eye to better understanding.
Satoshi Nakamoto created Bitcoin as the perfect P2P digital money but today people are forced to pay tax on their holdings. Haven't this make the whole anonymous and freedom dream of Nakamoto failed?
You seem to assign your thoughts to what Satoshi wanted to achieve, the two are not the same - don't try to speak for them. In terms of technology - introducing the transparent ledger called the blockchain and having it used by millions around the world while being supported by a massive decentralized network of servers, it has been hugely successful. It is very rare that we see such technological advances which due to their somewhat ingenious simplicity are able to peculate. Bitcoin, while it has lost a bit of value recently, is still an exceptional means to transfer large sums of money around without the need for any sort of traditional banking infrastructure and gives people a lot of freedom in that sense. |
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As the title stated the third interview[1] of Coffeezilla to SBF has come to fruition when he made SBF to accidentally admit fraud by saying that all funds are stored in a single "bucket". The client who do not agree with any marginal trading or hedge funds and that was promised to have 1:1 reserve cannot withdraw and the fund is nowhere to be found. Altcoin Daily had made video[2] compilation and explanation how SBF admit fraud during the third interview of Coffeezilla to SBF. Here is the Altcoin Daily's video timestamp[2] It is really a great job done by Coffeezilla in strategically making SBF indirectly admit that FTX is committing fraud to its client when he made SBF stated the fungibility of Funds during the bankruptcy and that funds of different risk level are stored in the same wallet, that action does not comply with the Terms and agreement of FTX to their client thus showing FTX has been committing fraud since the beginning. The two video is a good watch and it is great to see how Coffeezilla exposed SBF of the fraud he is denying for weeks. In reality he knows he is in big trouble right now and is trying to piece together a cover story, even if that is just ignorance. He is clearly an intelligent person to be able to construct such a big company that has since failed, but his downfall might actually be the fact that he is on this media campaign and falling into many unwitting traps that interviewers are asking him. It's clear he is going against the advice of the best lawyers he can afford, but this might be a level of arrogance he still retains. Ultimately it is the regulators who will pursue charges against him once the company has been properly audited and the auditors have been giving very bad signals about the organization of the company so far, he seems to be in for at least a few years jail time. |
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According to this, the united states has seen a decline of imports arriving on the west coast from china. Accompanied by a simultaneous boost in the arrival of imports from europe on the east coast. This shift in trade routes from west to east however does not do anything to counteract the high decline in shipping volumes.
This reflects a significant decline in the purchasing power of american consumers. As the world's largest consumer market the united states represents a significant portion of global purchasing power. A market which major exporters of the world have catered to. The US consumer market however appears to be drying up as rising fuel and food prices cut into the disposable income of average to even middle class consumers.
While many might have the impression that rising prices affect low bracket earners for the most part. Recent studies have concluded that many middle class and even high income earners also do not have much salary left over after deducting the high price of rent and other monthly fees. So it seems that everyone is tapped out due to cost of rising expenses.
What we have seen so far could only be initial reactions. With bigger shifts coming later on.
There are so many factors involved that's it's impossible to pin the reason on any single thing. We've had Covid which was a devastating shock to global supply chains, after which China has been stuck in a limbo with their zero Covid strategy causing huge disruption due to random lockdowns for the last three years. Shipping costs have also soared in that time, a container price went from something like $8k to $24k at one point. Oil prices have also been erratic which filtered out into the wider economy and pushed up the price of everything. Food as well, thanks to Putin's war in Ukraine - two countries who are massive food producers are now engaged in battle for no reason at all. |
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I have experienced some guys who are chronic gamblers making unimaginable predictions from football player's jersey numbers, basket ball, hockey, rugby etc jersey's numbers. I have experienced this and their prediction is only based on these numbers shown on TV sports analysis consistently and regularly.
These chronic gamblers feel that when these jersey numbers keep flashing on your TV stations maybe during the sports news, analysing the jersey numbers on different clubs and display of the jersey numbers may be a sign that such number will appear as draw for the week and they do their permutations on that.
This is for example what I'm saying with the jersey numbers not about the person but numbers precisely.
So this particular guy in Nigeria around 5 years ago followed some Jersey numbers he has been monitoring for the week and according to him 3 of the numbers where consistently and regularly appearing on different TV stations for the week and he concluded some numbers and went to stake them 3/3 in the weekend draws and behold! When the matches were played all turned out draws and this guy cashed out from different pool shops where he did the stakings. It was a big winning story in the area alongside few guys he gave the numbers to try their luck.
My question is, have you experienced this kind of gambling with Jersey numbers ?
Note: The pictures are just to illustrate my point with the jersey not particular about who was wearing it and I didn't need to link any source because any jersey number will do or can be imagined, at most written with bare hands.
Everyone has probably experienced people who choose "lucky numbers" and in some settings it has no harm at all. Like buying a lottery ticket every so often and choosing the same ones - it has exactly the same chance of winning as any other set of numbers, so there's no harm in selecting the same ones instinctively. However trying to put any depth of thought or logic into what you described is completely pointless. There is no sense and it is just a random coincidence if they happen to strike it lucky a few times. You'll tend to find that certain countries are more superstitious than others, Nigeria being one of them, so it can be more prevalent in such societies. In countries with bigger populations people can also use such ideas as a way to distinguish their random luck in life. |
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So many times we see people who were financially bouyant and stable reduced to nothing in the society,is it because they failed to strategise well?or could it be that they no longer put in the much effort they put before that got them to the level they were?what can actually be the cause of the downfall of someone who was already stable financially?
What you tend to find is that people who work hard through their whole life and establish a fortune, will tend to learn how to hold on to it. The exceptions being company owners who do not cash out and diversify before their company crashes for some reason. Besides that you tend to find the people who start with big money and end up with nothing are 2nd or 3rd generations within a rich family who never actually had to learn how to make money but will fritter it away very fast. It's extremely easy to spend money even when you have lots of it, but understanding how to retain it and live within your means can be too much for certain people who never had to go out and grind it. |
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The Central Bank of Nigeria (CBN) has pegged maximum over the counter (OTC) cash withdrawal per week for individuals at N100,000 and N500,000 for corporate organisations.
...
The circular read: “Further to the launch of the redesigned Naira notes by the President of the Federal Republic of Nigeria, on Wednesday, November 23, 2022 and in line with the Cashless policy of the CBN, all deposit money banks (DMBs) and other financial institutions (OFls) are hereby directed to note and comply with the following:
"The maximum cash withdrawal over the counter (OTC) by individuals and corporate organizations per week shall henceforth be N100,000 and N500,OOO respectively. Withdrawals above these limits shall attract processing fees of 5% and 10%, respectively.
“Third party cheques above N50,OOO shall not be eligible for payment over the counter, while extant limits of N10,000,000 on clearing cheques still subsist.”
...
The circular further stated that, the maximum cash withdrawal per week via Automated Teller Machine (ATM) shall be N100,000 subject to a maximum of N20,000 cash withdrawal per day.”
Also “only denominations of N200 and below shall be loaded into the ATMs.”
The maximum cash withdrawal via point of sale (POS) terminal shall be N20,000 daily, the circular further stated.
The circular further stated that in “compelling circumstances, not exceeding once a month, where cash withdrawals above the prescribed limits is required for legitimate purposes, such cash withdrawals shall not exceed and for individuals and corporate organisations, respectively, and shall be subject to the referenced processing fees in (I) above, in addition to enhanced due diligence and further information requirements.” The central bank of Nigeria is changing up the entire system to try to boost the economy and the dwindling naira. I personally do not fancy the idea of limiting how much cash withdrawals one can make within certain periods of time and putting a low cap on that. This would adversely affect SMEs around the country and while it would push more people to exchange digitally through cashless means, it would have lots of negative sides How the policy would impact the economy and more importantly the citizens would be seen next month. It would be interesting to know the underlying reason for such a seemingly drastic action because capital controls are the sign of a very desperate government and economic situation in any country. Is it connected with some plan to maybe change the notes of the country or are they actually running of of the notes themselves, wanting to push more transactions through electronic systems instead? If it's a drive to move more of the economy online and away from paper/coins you could sort of get behind it, because in the long run it will be more efficient. In reality it will not affect many low level workers who might never reach these amounts if they're high. |
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This line of thought is similar to other gamblers fallacies like "I've put so much money into this game the next bet has to be a winner". No it doesn't, in most situations every single bet is independent than any previous or future bets, yet some people trick themselves into believing that somehow the casino owes them a payout. People are terrible at estimating the correct odds and if he wanted to throw away money then he should of had the conviction to make his own choice instead of relying on the guess of someone else. That bet had a 3% chance of paying off, so he would have lost that 10k 97 times out of every hundred times he attempted it in when looking at averages. |
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Indonesia's legislative arm has passed a new law that criminalizes sex before or outside marriage. People convicted of extramarital sex could face as much as one year in prison. This law would also affect foreigners and tourists that came to visit the country. Some citizens of the country are protesting against this law. While others are seeing it as a welcome development. Business owners in the country are lamenting that this law can discourage tourists from visiting the country which would affect their businesses negatively. I am also perceiving that this policy might also scare investors from investing in Indonesia. But some religious business owners are of the view that this policy would attract business to the country from other religious or conservative nations or investors. What are your thoughts? https://www.bbc.com/news/world-asia-63869078I predict it will have zero effect on businesses because everything that was happening before will continue to happen, it will just end up in more of a black market for it. It's a very dumb law that is clearly made by politicians who want to pander to some religious leaders and are probably trying to "buy" votes for the next election, since they've done nothing to help the economy or get more jobs going. Ultimately if people are going to do these things, they'll just rent a hotel room and do it low key. Thinking about it a bit more, it could certainly kill off whatever remnants of a tourist trade they might have going because people who are not married might never want to visit such a place for fear of legal punishment. |
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I wouldn't say am much of a gambler the slightest bit, for so many reasons, but what stands as a peak reason for my concern is that of security. All thanks to the advent of online casinos which gained massive popularity during the covid-19 era. Though the concern for security online as per being hacked or being a victim of phishing sites, looms. It is agreeably more fun visiting a live casino center with physically present spin machines. Most of the places in my locale where these games are played seem to be a hub for miscreants looking for likely victims and observing the cash flow of individuals using these spin machines. It is not too long ago we learnt of the stabbing that happened in front of a las vegas casino and the recount of the perpetrator. In a yuletide season as this, it is always advised to be cautious of locations one frequents, especially places where we have these spin machines; it is to save cash by preventing losing too much in the games and from unplanned mishap that might befall one when in the midst of such a surrounding. Ever had such concerns for security when visiting live casino centers? or do other reasons which prevent you from using these live casino centers? (please state it). https://abcnews.go.com/US/stabbed-front-las-vegas-casino-victim-dead-police/story?id=91123497It's like anything in life, you have to have self awareness and always be adjusting to the environment around you. The best protection is to try and work on your own fitness to be able to defend yourself when necessary. You can find horror stories from every type of place in the world, from nurseries, to garden centers to old peoples homes, to hospitals. Admittedly casinos will tend to have a few more drunk people around, however they have some of the most advanced security systems in the world which can deter an average thief who knows they'll be identified pretty easily. It's always a good idea to keep an eye on people who take bad losses because some people handle it very badly and may lash out. |
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For the longest time, I have been thinking about doing this. It seems like the right time is now. All of us have had good, bad, and ugly experiences with money. So now is a good time to offer your two cents worth of financial advice.
Ty question- Based on your cumulative life experiences, can you share your best money advice with us?
I'd go first - Stay out of debt as much as you can.
Learn how companies and the stock market work. I learned this lesson far later than necessary, but it is a huge eye opener to how people get rich. I'm not on about chasing the latest high growth fad company and trying to quadruple your money overnight, but slowly building a solid portfolio of shares over time that will pay out money in the form of profits every single year. Instead of leaving your finances to the whims of whatever banks are paying at the moment, put it into a mixture of companies that will pay you back part of their profits every year and make sure your money is getting reinvested all the time to buy more shares and decent companies will also give you a "payrise" in the form of extra profits each year as well. It's a huge field to learn and you'll be learning more every day. |
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Hi guys I wanted to ask some of big family members who have experience in crypto and also in gambling. But my experience is not good in gambling.
If someone wants to start a Gambling casino online with Cryptocurrency than how much money is needed. I think that 100k dollars initial capital would be enough to satrt a better casino. Cause we have to promote and also do other such promotions.
So what are your thoughts?
There is a whole spectrum of answers to your questions and a large part of it comes back to how fast you want to grow. You could basically split the costs a few ways, but there will be the initial setup costs and they are likely to be very high unless you use a pre-existing whitelabel solution or you are very confident in your programming/graphic skills to produce a secure gaming platform. Then there are other costs - like protecting your platform from blackmail because as soon as you start to get busy then people come along to DDOS you until you pay up or defeat it through other means. Then you have to split advertising costs into two buckets to get new signups - the basic advertising costs (which are continuous) and then promotions like welcome bonuses to get people over the depositing hurdle to start playing. On top of that you should have a solid support team and other staff doing various jobs too. $100k seems very low but if balanced well you might be able to pull it off with a slow buildup. |
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Most EU nations are pro AML (anti money laundering) regulation. Which promotes digital currency, CBDC and cashless society, all formats which they claim helps prevent money laundering.
The new italian prime minister, Giorgia Meloni however appears to be one of the few bucking the trend. She is proposing regulations and laws which allow businesses to refuse credit cards and demand cash payments for sums up to €60. An increase from the current limit of €30.
With bank runs and related negative trends on the rise. "Cash is king" sounds like a great policy to me. Certainly this is the wave of the future. Only bitcoin beats cash. Gold, silver and precious metals are too clunky, unsupported and cumbersome to efficiently conduct transactions. The same can be said of a barter system. Cash is one of the best options we have atm.
Every person in the world should be against money laundering, because it serves no legitimate purpose and is detrimental to society because it is abused by the greedy few. We're not talking about people who want to shield where they spend their money, we're talking about criminals who use this device to clean money - stolen either through fraud, people who want to avoid paying their fair share of taxes, money raised from nefarious sales, or many other nasty things. Being able to trace illegal money swapping helps track down the crime and who benefited from it - the transparency of the blockchain actually assists in anti-money laundering by it's very nature as long as any exit points are properly regulated. |
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Jeff Bezo's might have more insight than many when it comes to slowdowns in consumer spending but it's obvious to everyone that inflation being so sky high will eventually lead to a recession. If you've got wages stagnating and prices raising by 20%, 50% or even 100% in the space of a year then something will eventually fall over. It actually requires a recession to rein in consumer spending because many people are still living like they were in the days of super low interest rates - many borrowed large sums in the good times that ultimately needs to be paid back. Now we're seeing a gradual uptick in job losses as certain sectors start to shrink and it's going to have wide effects. |
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