You can when you won a huge amount
There's a discussion here of a guy who won a huge amount but added that he is quitting gambling is it really possible, anyone here have done quitting after winning a huge amount
You can when you lose a huge amount
This is the most popular reason to quit have you done this only to come back
You can anytime you want
Do you have the power to do it anytime that you want.
You have to when you're wife tells you to
I know a lot of guys who quit gambling for good after their wives tell them to, do you know of someone, or at one time you are one of them.
Let's discuss this and thank you for participating.
I think that receiving a big win is potentially the most dangerous if you do not understand the odds involved - if you've been sports betting for years, placing the same sums of money and carefully planning your bets then you might be safe. If you are new to online casinos, somehow strike gold on a slots game and get $10,000 after a couple days of feeding in money, you might come under the illusion that it's an easy win - not freak luck and chance. It's also a bad sign if someone else is forcing you to quit, because you really need to understand and extract yourself from uncontrolled addictions without having to be told to do so by another person, or you risk slipping back into it. |
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Recession is coming and we know it. In some places it is staring us right in the face. Unemployment, rising cost of living, increasing food prices, falling stocks etc are some of the negative effects associated with recession. Despite this seemingly bad news, Warren Buffet said “In short, bad news is an investor’s best friend”. And another quote by someone goes thus "millionaires are made during a recession". I have been recently laid-off work due to the recent economic crisis in my country. I do not want to see this as a bad thing. So I ask what hidden opportunities does this recession offer? How can one take opportunity of the recession to become rich or at least not go broke? Recessions can be huge sources of opportunity for people who are able to retain a job and keep their income going steady. You're able to pick up company stocks at much depressed prices which are likely to bounce back as the country moves out of recession and provide a solid income into the future. However that can be easier said than done, because typically companies are also looking to cut back heavily throughout this time and the highest earners can sometimes be a target of redundancy first. Other companies might simply be badly placed and end up going under, which leaves you in the job hunting market at the most inopportune time when you want to be investing. |
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Ideally, gambling houses should not disclose the identity of the person who won big without first asking him. Unfortunately, this is not respected always.
Those gamblers who do not want their information to be public, but the gambling houses make their names public, can go to the court of law as this is a serious offense. Gamblers can claim damages to the gambling site on this basis. Do you think gamblers should take the help of courts in this case ?
This is one thing that is often overlooked by gamblers as they move to check out new sportbooks and casinos. While the funds contained and in the security of the gambling company are very high priority for hackers, identity documents are also very valuable and prized by fraudsters who can use them to abuse all sorts of financially related transactions. You should definitely give a lot of thought of who you are handing your information over to, because if you are giving your information to sites based in China for example - it's likely that such documentation could also wind it's way into the archives of the oppressive CCCP government for future abuse in various ways. |
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It appears apple developers are not fans of gambling?
If apple based platforms ban gambling advertisements.
Could apple gain a reputation for having an anti gambling stance in the future. Which might lead to a backlash where casinos boycott apple based products?
I don't remember statistics or revenue numbers being published in response to facebook and other platforms banning cryptocurrency advertisements. Or if there was an actual backlash in those cases where social media platforms lost a significant chunk of revenue as a result of bans.
The gambling industry is different from cryptocurrency advertisements. Gambling is a trillion dollar industry worldwide. It might be large enough for ad bans and lost revenue to affect apples bottom line. Perhaps I'm exaggerating the influence of the gambling industry.
There are many countries and apps out there which have absolutely zero connection with gambling, so quite rightly would be annoyed if this type of advert was shown within their app. It could even be damaging to have such associations taking place with their brand and they're unlikely to see a substantial uplift or direct benefit from hosting such ads, but you can bet Apple is charging premium rates to the people buying them. In many industries such connections are actually banned, so the owners might feel they could indirectly get in trouble with authorities or even running such ads that are exposing vulnerable audiences who might otherwise never seek such content out. |
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According to Merriam-Webster, a solopreneur is “one who organizes, manages, and assumes the risks of a business or enterprise without the help of a partner.” While an entrepreneur is one who organizes, manages, and assumes the risks of a business or enterprise without the help of a partner. I would consider most social media influencers on Tik-Tok, Instagram, Twitter etc as solopreneurs. In addition, Solopreneurs often run service-based businesses, like freelancing, consulting or web development. From my observations, we have seen the rise of solopreneurs in especially among Gen Z's in recent times. In fact it has been more satisfying watching these youngsters attain financial freedom earlier and quicker than it used to be. Currently so many countries all over the world are reporting high inflation rates and recession is starting to kick in. As a result, some businesses are closed-down while some other are hanging by the thread. However, we see some of these solopreneurs on the internet gain more followers, become brand ambassadors etc. My question is are solopreneurs especially social media influencers recession-proof? *Edited To me this just sounds like a silly and useless extension of the word entrepreneur by someone who is totally bored with nothing better to do. An entrepreneur has often started up their business alone and the word does not inherently symbolize that there must be more than one person involved. In fact there are likely many more single person "startup" businesses running out there which are run alone than those run with many people. It's already been known for decades that entrepreneurs often have to wear many hats, as in - they must be an accountant, a marketer, a producer, an advertiser, a designer and many more depending on the business, which is quite a talent in itself and why it can be such a stressful endeavor. |
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Casinos have grown in popularity, with millions of people applying to bet their money and have a good time. To take your passion for casino games to the next level, you must first determine whether you like casino websites or mobile apps. The online casino market is thriving, with several websites and apps offering gamblers a wide range of options. we will look at the benefits of mobile casino websites and apps.
The Difference Between a Mobile Casino Website and a Mobile Casino App
The differences between mobile casino websites and mobile casino apps are minimal. The key difference is that a casino website will only allow bettors to play directly from a browser without any physical application installments. A casino app, on the other hand, would need to be downloaded before bettors could begin betting.
There is an overwhelming selection of casino games available as apps for both Android and iOS devices. If you choose the correct gaming partner, you can play exciting casino games and mobile slots for real money regardless of whether you play through a casino website or an app. However, this is only the case if you choose the right gaming partner.
Finding a casino provider that offers the ability to bet real money via app can be a bit difficult, especially if a user is unsure about the properties that the respective application offers. That’s why it is ideal that users check out all the information provided beforehand to get started on their gambling journey.
How to Choose Between Mobile Casino Websites & Apps
Personally I've always found mobile gaming apps to be a bit of a disaster as the interface can be too clunky and imprecise when you're playing skill based games. I guess if you're playing random slot games or virtual money games it is less important as the outcome is less important. Slots for example, a lot of the time the outcome is already predetermined before you click the button based on all sorts of algorithms that lean long term profitability of that game towards the casino. If you're talking about poker games though, I have yet to find a mobile gaming app which will properly accommodate timely inputs for calculated pot odds - as the screen space and interactivity is just so limited. |
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Inflation is a term virtually everyone is associated with and in one case or the other, is battling with in their economy as the cost of living a comfortable life is now looking like an illusion. According to statistics, a total of 95 countries are battling this scourge and with government policies not helping and the fiat failing woefully, it would be common sense to turn to Bitcoin.
A fiat currency such as the dollar, euro, pound or even the yen is a trusted medium of exchange or legal tender issued by a government or recognized authority.
As it is, the value of the fiat is collapsing and as it's not linked to a physical reserve and has no intrinsic value unlike gold and silver, it has the tendency to disappoint.
At present, Europe is the most hit by this storm and although, there are countries who are Bitcoin tolerant, its not enough. Fiat money looks to be the primary cause of inflation and countries who introduce CBDCs in my opinion are only worsening the situation. It's in times like this Bitcoin is needed as it has proven severally to be a hedge against inflation.
"Digital Assets will replace govt issued currencies within a decade or at least present a solid alternative to them"- Business Insider, Aug 2021.
Unlike what many people in the crypto world like to think, it is also tied in intrinsically with the fate of fiat currencies as people are moving money around and still classify it as a very high risk asset to hold. People are trading goods in fiat currency, which means everything you need for day to day living is regulated by this - no matter if you hold money in crypto which at some point you need to gauge against a fiat currency and convert it back to a comparative value that the majority of people are using in the world today. Inflation can infect cryptocurrency in just the same way, where traded prices will end up pushed out with many more decimal points instead. |
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Like its normally said in my place that - we use money to look for money - it simply means that it is with money that we get get to make more money.
I am just starting out to become serious on gambling, so today, while watching the high rollers section in a casino, and also the all bets section, a thought came into my head, i began to wonder what makes this two different.
--one is a high roller, which simply means he bets with a very high amount of money at a go,
--the other is a pleb, which means he bets in way smaller amount of money.
So i wondered between this two, which of them have a higher chance at winning a significant amount of money ?
this thought pushed me to do a small experiment during the day,
i deposited $5 on one casino
and deposited $100 on another
I decided to play dice on both casinos,
for the $5, i set my bet amount at $0.5 for each roll,
and for the $100, i set bet amount at $10 for each roll
multiplier was set at 2x for both, and win chance on both account was around 50 percent.
And i then rolled the dice 10 times on each account respectively...
The end result is...
--On the account i deposited $5, it went as high as $7.8 but later settled at $0.154 as my current account balance
--And on the account i Deposited $100, it went as high as $396.95 but later settled at $194.83 as my current account balance
What does this tell you?
Does this mean that the higher the amount we wager at a go, the higher the chance of ending up profit at the end of the day?
Or do you think it is all based on luck?, that is to say that the account with $5 on it wasnt just lucky today and thereby was unable to make any profit no matter how small?
What do you think about this ?
It's a broad topic and also relies on individual wits - there is no single answer anyone can give. A talented gambler will be able to identify their weaknesses and work to improve them, a bad gambler will leak money like water through a sieve. It doesn't really matter how much money you're throwing around if you have no control of your bankroll or you are recklessly throwing cash away. It also relies on the gambler having knowledge of whether their game involves skill or sheer luck - someone playing poker will be absolutely aware they have to play consistently to grind out a profit, yet someone playing slots has no skill involved besides pressing a button. |
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Guy often tell me house is a force saving. By looking at the market today, full of scammer roaming around, and countless unsavoury characters and get rich quick scheme, jobless highly educated youth. I conclude buyhouse is not only a “forced saving” but also a “save yourselves”.
We often heard about a lot of highly educated youth had no jobs, underemployed, which is very bad today and getting worse day by day. What they often failed to see is it has been norms in the past, do you not know every scientist is borderline poor and bloke, Albert Einstein is not rich, Newton Isaac is bankrupt poor on south sea bubble, Wright brother is poor, we often read about how great are scientist on the textbook who create useful invention to improve life, but there is a catch, the textbook conveniently never mention the scientist personal wealth, it’s apparent textbook censor the information they do not want the kids to know all the scientist are living paycheck to paycheck and borderline poor, where they often has to wagecuck and sell their IP to the government to make a living, if they failed to create any IP they would be rejected just another bloke we often see on the street today, is homeless educated guy not often in the past?
At the moment it feels like we are hovering near record highs and a small correction to house prices should be coming in the next year or two. However it could vary wildly between countries, some countries might plateau, others might see a dip similar to the financial crisis where it took maybe 5 years to recover, but ultimately it seems buying a house is sound advice. What is the alternative? You will simply be paying off someone elses mortgage instead, so if you can get a mortgage and deposit together it seems very wise to make the leap into home ownership. However younger generations now seem further than ever from owning a house because they have risen so much in previous years and wage increases have not kept pace. |
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What's your favorite thing to do when you get a bad loss?
I've found the best thing to do is give yourself a break from gambling. At least, I know when I've had a bad loss in the past it has put me off losing any more money again in the same way, what's the saying - the definition of insanity is doing the same thing again and again but expecting different results. You should definitely try to adjust your technique or strategy afterwards, if you think there is a skill element involved (i.e. not pure casino games) but sports betting or poker. If you're playing for fun with a set amount, which is probably a bad idea because it's forming habits, then you might be more disconnected from the loss as long as you walk away not caring after all your money is gone in the session. |
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Are you ready to face it? This condition is caused by the COVID-19 pandemic and uncontrolled inflation and other factors. if you as an investor need to withdraw investment assets or move to other investments or just keep quiet. what steps will be taken to secure assets to avoid unwanted risks
The world was actually recovering quite nicely after Covid, if we ignore China's ludicrous attempt at Zero Covid and it's ripple effect on the rest of the world with their factories facing all kinds of shutdowns. The current crisis causing the most pain is Russia's unnecessary war of aggression against Ukraine, affecting food prices and energy prices in the biggest economies of the world. When the biggest economies suffer, everyone else will suffer too, all brought down by the greed of that tiny man trying to create a Hitler-like legacy, Putin. Sensible investors would diversify their assets as wide as possible, through many companies and also through lots of different collectibles including gold. |
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I would like to have you guys speaking about different gambling techniques so that we can exchange knowledge and improve our winning chances.
I'll leave my simple technique here and I'll hope you guys can leave some more!
I often use the stake doubling technique to several games. I normally do this with dice games and if it played correctly its profitable. What you have to do is simply start with a small stake and every time you lose you double your steak until you win. Once you win, you will recover all the amount you lost. This works if you have enough money to keep doubling your bet, so you should do your math and check with how much you should start. It is not infallible but it works.
Seriously tired with seeing this "stake doubling" garbage regurgitated so often here, it is not some super top secret technique and it is not clever. There will be a point where you will lose many times in a row and the casino has much deeper pockets than you. If it was such a extra useful technique, then what are you doing posting here? Surely you should be on your own private island, drinking cocktails and relaxing in the sun all day. Oh right, that's because it doesn't work. If you want to learn something useful, dedicate thousands of hours to playing online poker and learning your own strategy for profitably grinding tables - but beware there are equally intelligent people who will be grinding in other countries with a much lower cost of living, who have greater incentive to play for pennies. |
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A lot of the posts seem outdated on this one, just curious but where are all my US players playing?
As others have said, sensible US players who want to be sure that their money and account still exists the next day should be playing on fiat currency local casino sites - of which there are plenty out there. I don't know of a single regulated cryptocurrency accepting casino in US borders, but maybe others do. Casinos are often battling against money laundering and presenting a believable story to the regulators in America, which requires KYC, thus defeating the purpose or extra step of converting cash into Bitcoin. You are at high risk of losing your account trying to hide your overseas gambling, because overseas gambling sites avoid US customers like the plague - they've seen too many extraditions and prosecutions of casino owners from friendly countries to make it worthwhile. |
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In recent news, it is the plan of the Nigerian government to redesign its currency notes. I don't know why such a project at this time is even mentioned, because other worst case scenarios that require redesign is left abandoned or nearly abandoned in total. My thoughts is on how such a government at these time of flooding and inflation would think that by redesign the currency, such issue will be the remedy to the countries huge debt margin or natural disaster ongoing. Do you think the effect of redesigning the nations currency note will be of benefit to the economy and nation at large? Let's discuss! https://nairametrics.com/2022/10/26/cbn-redesign-naira-notes/If you polish a turd, it's still a turd. Having a fancy looking currency fixes nothing about the underlying economy and it's a bit of a silly question to ask. Often times these are actually hidden deflation methods, for example removing a few zeros off the end and re-issuing currency in new denominations. If your governments fiscal policy is revolving around whether to redesign the currency, instead of spurring growth and new jobs, then they might just be rearranging unimportant stuff. Just look at Zimbabwe, who actually ended up creating hundred trillion dollar notes, but you still needed whole wheel barrows worth of them to buy anything useful. |
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newly inaugurated by the king of England, Sunak became the new British PM, but the issue of MPs urging Sunak to pass new rules on cryptocurrencies strengthened. The House of Commons, the Parliament's lower house, met on Tuesday for a line-by-line reading of the proposed Financial Services and Markets Bill, which broadly covers the U.K.'s post-Brexit economic strategy. The lawmakers considered a list of proposed amendments to the bill, including one put forward by parliamentarian Andrew Griffith to include crypto assets in the scope of regulated financial services in the country.
The draft bill already included measures to extend existing regulations to payments-focused stablecoins, which are cryptocurrencies pegged to the value of other assets like the U.S. dollar or gold. >> the fact about CBDC is that almost nothing goes smoothly even the Bahamas which issued the world's first CBDC also doesn't attract much interest.
Do you think this request will be approved by the new British Prime Minister and in the future, cryptocurrencies (not only stablecoins) will become regulated financial instruments in the UK, and will they make it like what South Africa did? It's definitely going to become more common that politicians will try to regulate cryptocurrency related activities, it is an "easy win" as far as they are concerned. The majority of their money will be sat in company shares, so what does it matter if some new regulation comes in, which can be sold as cracking down on money laundering or excessive energy wasting activities at the current time? They've been fairly hands off with cryptocurrency so far, but if they get the treasury or the bank of England saying it's a good idea, they'll jump at it. They'll put the burden on the big banks to monitor and trace these sort of activities, so there is little cost involved either. |
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Do you think it's unhealthy to always post your winnings on social media and forums because this habit will lead you to chase your losses and bet more so you can post your winning, I find this habit forming and this is bad especially if people are following you and always looking forward to your winning posts.
Unfortunately people can be rather fickle creatures, so if you are vain enough to be posting your wins then it is very possible that they will chase the behavior that you're suggesting. However I'm not sure who considers this normal if you are an average wage earner? Maybe if you're a millionaire celebrity who can afford and manage the losses, it might draw in a certain sub group of new subscribers who find that sort of content interesting. However if you are a "nobody" just posting to friends and family, you might find your friend list shrinks as people see it as destructive and anti-social. It's likely the habit formed for other reasons than feeling the urge to post such content in most cases. |
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Say you have five credit cards that you need to pay off, each with different interest amounts and balances. How do you pay them off the fastest?
1. $500 interest 0.005%
2. $5011 interest 0.035%
3. $3016 interest 0.015%
4. $8976 interest 0.04%
5. $16000 interest 0.09%
You already moved around your balances and this is the best interest rates you can get.
You only have an extra $80 per month after all the bills are paid and have cut down on any extra expenses so the $80 is all you have to work with. Which credit card should be payed off first, second and so on, for the fastest payback?
Should work on all scales from entire countries to individuals.
Credit cards don't have such low rates, unless you happen to be in an interest free rate sort of offer. Credit cards commonly charge 10, 20, 30% or even higher - not fractions of a percent. If you wanted to pay the least amount in interest then you would simply pay off the highest interest rate card and work your way down the list, it's not a difficult concept to understand. The amount owed on the card is pretty much irrelevant in that scenario, as you have to pay back the borrowed capital and just want to seek it increasing by paying off the highest charging card until the balance is all cleared. It is not a complicated calculation, although in other circumstances with a card or two with mega low balances, you might want to pay them off first just to consolidate and have a little more peace of mind that there are less cards outstanding. |
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Assuming you gamble on a mid to high-rated gambling website and you won big but they refuse to pay up, what and what are the legal way to make sure that the platform pays up your money?
If you can afford medium to high stakes you'd really have to weigh up a whole range of factors. These might include the jurisdiction that the casino is licensed in, what sort of evidence you would be able to supply in your claim, the sum you stand to gain versus the legal costs that you might potentially lose, if the terms could possibly cover them against having to pay out in the circumstances surrounding your particular bet and much more. Some super rich people might fight such a claim on "principal" but the casino would possibly pay them off anyway in the belief that they'd pay it all back in the long run anyway. There is no real black and white answer to this. |
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I remember while growing up I thought of it that it only take printing of money to be rich and wonder why country just don't go ahead and print all the money it can by making order to the minting company to print money and just jumb into the number 1 richest country lol.
I don't know how many of us think that way while growing up but I think some will say nah, I didn't think that way. They will say I know better even from my mother's womb and claiming to be smarter than the elderly at those times but surely I admit the forum is giving me much challenge to research more to add up to my knowledge.
Now the reality is coming clearer with my elementary school economics sharpened up, thanks to the forum because I now read comments here taking me to study and research more to be better.
The main comparison is here. Like a rich person don't take up just one type of job, he/she is involve in different resourceful jobs or more than one job to be rich, doing just one job you may be comfortable although but is better to do more jobs. So the country that want to be rich will have to produce more products and not to rely only on one limited product or few source of revenue. A country need to produce variety of goods to increase GDP and standard of living and have excess to export and have good external reserve. With the countries of the world now, we know the richest countries are those having more resourceful means of income and they have use it to build their economy. The list is endless from those rich in technological export, oil export, health, agricultural products etc with good management of the resources.
If a country rely on just printing of money that will lead to inflation and hyperinflation which Zimbabwe is one country as example of such inflation. Printing of money will increase money circulation and price will increase at the mention of printing of it (money). Being rich is to increase your source of income and countries can increase what they produce or services provided and that is how to be rich.
Not to say printing of money is totally bad but if not controlled properly it can lead to hyperinflation.
Circumstances that money can be necessary to be printed is when the country is in short of money because they need money to build industries, give loan to manufacturals and small businesses.
Countries starting up like new independent countries can print money to start the economy properly.
Many countries do in fact do this and it is a very fine balancing act when they do. On the one hand, if their exports get more expensive then people try to source goods from different countries instead, however if they print too much money then investors might conclude that they have bad fiscal policy and stop purchasing debt which props up their ability to keep printing money. It's only really America, with it's fairly stable market economy and the country which controls the primary reserve currency of the world - the Dollar, that has much more ability to get away with it. Other countries have bought so many dollars in the past that they are actually stuck if they try to sell it off in large amounts and also see it naturally devalued over time as more is printed. |
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Last week, on the 14th of October, 2022, A Nigerian Man used 800 naira (which is equivalent to $1.072 in today's NGN/DOLLAR exchange rate) to bet on sports... He later won a whopping 38,317,137 Nigerian naira (which is equivalent to $51,363.454 in today's NGN/DOLLAR exchange rate). An unidentified man has become a multi-millionaire after placing a bet on sports betting site with only N800.
The man, who instantly became a celebrity in a viral video, was seen with neigbhours trooping to the betting centre to confirm his N38million win after words spread out.
The system screen showed the man placed the multiple bet on Friday, October 14, 2022 with N800 only and won N38,317,130.00
After confirming his win, the man headed straight to the mosque to perform ‘Salat’ (daily obligatory prayer for Muslims). The crowd that had gathered to confirm his win followed him to the mosque, kept hailing him even as he ignored them and carried on with ablution for his prayers.
Don't you all think that in the course of we trying to show off this kind of winnings to friends, families, colleagues etc, we end up drawing known and unknown enemies to ourselves? I think people should learn to keep their success stories away from physical people, because as they joy and praise you physically, secretly, they might not be as much happy as they appear physically. What is or are your opinion(s) on this matter? Like I agree that it is better to stay anonymous in such situations, you must have a very depressed outlook on life if you truly believe the "heart of man is desperately wicked". Where do you possibly live that you are surrounded by such thoughts? I am lucky to live in a country where if you are sensible and compassionate then you can survive, even flourish, without the need for any wickedness. Of course it is better to keep your wits about you and learn street smarts, so you don't go bumbling into situations in an oblivious manner, but it is possible to live in harmony in a stable society. There will always be jealous and envious people, so just be selective about who you keep close to you and you should be safer. |
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