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2021  Economy / Gambling discussion / Re: Influence of "Paid" Streamers on Online gambling..... on: August 21, 2022, 07:54:24 PM
I haven't watched slots stream for months since it affects my gambling activities. Fake money or not, watching them playing slots triggers me to play! Grin
Last year I watched stream a lot, played a lot, and busted a lot more lol.
Anyway, it's easy for casinos to set up an account that has a play money balance that can't be withdrawn. They can also set up a balance with minimum turnover, for example, $10,000 with 60x turnover, just like FJ's Bonus Apetit but bigger.

They are here to entertain, if they stated the money is from such a partnership, there's nothing wrong with it IMO. People can agree and disagree, but streamers are here to stay.

This is a sad reality and a good reason that Twitch/other streaming sites should not necessarily intermingle this over 18 content within their normal gaming streams. It costs people a lot of money and can be a particularly cruel addiction in that sense. Throwing in the fact that it is very easy to stage or engineer this by the casinos themselves, it leads to a bad outcome. You can bet at least a few of the streamers covering such games have agreements with the gambling companies, yet fail to declare such conflicts of interests and may even be breaking the law for that reason in some countries - you are meant to declare paid advertising. It's a bit of a murky area and takes a lot of resources to investigate.
2022  Economy / Economics / Re: Market speculation caused the recent Bitcoin fall on: August 21, 2022, 07:27:02 PM
Conclusively, "nothing more than sales transactions made Bitcoin fall recently." The crypto dropped from the high of above $25,200 to below $21,700 last week before managing to start a minor correction today, and this raised my curiosity about what happened. A lot of reasons might cause the traders' sentiment to be negative on the Crypto in the last 7 days as nothing so fundamental/economical was recently released to warrant such a fall.

In a nutshell, the fear that the FED might still raise the Federal funds rate is part of the reasons the sentiment shifts to the negative side. Investors were smart to start the sales at a reasonable high of above $25,000, which includes positions liquidation. And as you might have noticed, Bitcoin is strongly correlated with the US stocks and equity markets, and almost the same principle applies to every risky asset class at the moment. Due to inflation, the FED has made its intentions known on rate hikes in 2022. It had raised the interest rate by 225bps already, yet another 125bps is still expected before the year ends. I believe speculators regard this more than some other factors at the moment, which slips Bitcoin into selling due to sales. Nevertheless, the year low of $17526.00 in June is still well protected, hope there won't be negative economic factors that will breach that level soon.

Bitcoin will always bounce back, no doubt about that. But one should also be conscious of the economics and investors' sentiments around them for proper guidance in trading or holding it. This made me put this piece together. Mind you, this is my opinion, you might want to let me know yours constructively. Thanks!

I wonder if the recent announcement that the lead developer and one of the few people with access to the Bitcoin github account has announced their retirement is anything to do with it. It has to shake a little confidence because ultimately the people in charge of the development side can do a lot of damage if control was passed over to the wrong people. It seems inevitable that the crypto market will continue to fall as the rates go up, as you might find that a large portion of the money pumped into Bitcoin and altcoins was funded in large part by super low cost loans which governments around the world were trying to push to stimulate economic activity.
2023  Economy / Gambling discussion / Re: Is It For The Money Or For The Sport Or A Clear Exploitations on: August 21, 2022, 07:18:30 PM
Everybody here has seen the Iranian Hulk Sajad Gharibi match against The Kazakh Titan Djumanov Almat Bakhytovich, these two are fierce rivals as internet sensations for having huge bodies like incredible hulk they finally settle their differences in the ring but unfortunately it's not the kind of fight that we want to see because it's too one-sided and it did not live through the hype

Obviously, the Iranian Hulk Sajad Gharibi match signed to this fight unprepared and with zero boxing skills, even an amateur boxer can beat this guy with Hulkster, watching this fight made me think that promoters are just exploiting their popularity and these so-called internet sensations just want to have a quick buck.

Should we allow or support internet sensations to fight in the ring I'm ok with the Paul brothers but these two other so-called internet sensations are making a mockery of boxing.

Watch the whole fight here
https://dailymmafighting.com/watch-kazakh-titan-dropped-iranian-hulk-in-first-round/

At that level of fighting, it's all about the money, but obviously they train very hard still and want to win - because that gains them access to future fights and the winner takes a larger amount of earnings home. I don't know much about Sajad Gharibi but surely somebody nicknamed "The Hulk" has a lot of strength which is a pretty important attribute for a boxer to begin. Places like Saudi Arabia are throwing out a lot of money in order to attract these fights, and while I doubt they'll be hosting an Iranian, it just goes to show that they are highly popular entertainment and draw in large crowds. If this Iranian is going in fully aware of the skill discrepancy, then there should be nothing stopping it.
2024  Economy / Economics / Re: Effect Of Delayed Gratification On Investment Outcome. on: August 20, 2022, 11:08:29 AM
To delay gratification is in my belief; to forego consumption today for greater prosperity tomorrow or better put, delay today's enjoyment for tomorrows benefit. The benefactors who stick to their strategy, have more consistent performance over time. By finding ways to embolden ones own discipline by either looking away, or by holding your long throat, one can use similar tactics to do the same thing as an investor. Think out a plan. Write it down. Set up automatic deposit or dividend reinvestment plans.

Does it therefore mean that the outcome of an investment can be determined in advance when we delay enjoyment/gratification?

Your last question implies that you can predict the future, but it's not really that easy. We can only make a best guess at future outcomes based on all previous scenarios and the amount of data that is available to analyse. Looking at the stock market for instance, we see that over the last hundred years it has returned on average between 6-10% per year but it is slowly trending downwards. There is a lot of data available, it also shows that there is a recession roughly every 8 years and a correction roughly every 2-3 years. If you're talking about Bitcoin, we only have roughly 13 years of information to work with and that is very little in the grand scheme of things. So if you stick with the stock market and buy the right investment products, you have a good idea of what will happen but the same certainty is not available for cryptocurrency.
2025  Economy / Gambling discussion / Re: Influence of "Paid" Streamers on Online gambling..... on: August 20, 2022, 07:25:46 AM
This has been a contentious issue and a common discussion under online gambling for a long time... and I want us to talk about this too. 

How does the "Paid" Streamers ..influence other gamblers experience? So, the common assumption is that "Paid" streamers basically have limitless funds that are paid by the casinos. They can play, until the Slot pays them, where other people play until their money runs out. (This is a misconception obviously, because the outcome of each bet is determined by it's seed and the Slots variance and RTP)

People are also saying that "Paid" streamers are basically "sweeping" all money that are being played by others on those specific slots. (You often hear people saying... "I cannot play XXX Slot now, because streamer YYY won big on that Slot) - If I am correct... all funds that are played in a casino goes into one "Pot" .....and wins are paid out of that... or in the case of a Jackpot system.. into a "Pot" at the 3rd party service provider. (Is this true or false...any experts out there that can clear this up?)

Just to make something clear .... not all Streamers of gambling content are "Paid" streamers or affiliates of casinos.... some use their own money. (Example : Syztmz)

Can a "Paid" streamer or an expert from a casino... please help with some factual inputs, so that we can clear up any misconceptions?

On the flip side of the coin..... Some people believe that "Paid" streamers are actually "feeding" or "funding" other people's large wins. They can only "sweep" other peoples funds, when they win.... if someone else win before them... the opposite happens... right?

Let's discuss.... and enjoy this thread please.  Wink

It's like anything, I would guess that there are some genuine players out there - who are using their own funds and have no association with the casino. However they are likely to be swamped and crowded out by more manipulative players. At the end of the day, casino operators are a financial type business, they want to get as much money flowing through their operation as possible and in the modern world where Twitch and other platforms allow this kind of streaming, it is clear that it can be abused by operators to drum up more business. As we all know, streamers can grow a rather large fan base who might flock to copy whatever activity they're doing at the moment and even beyond that casual viewers might also be intrigued enough to drop some money on it. It seems like a very high return to reward situation for any casino that can engineer such promotion.
2026  Economy / Economics / Re: Entrepreneurship and women on: August 19, 2022, 08:08:41 PM
I want to start a discussion highlighting some points I read online regarding women as compared to men in entrepreneurship and the chance of success.

Quote

Men and women do not prepare for the launch of their business in the same way. The number one preparatory activity for women is specific training (43.3% versus 31.8% for men). Men are looking for potential clients (45.8%) and writing a business plan (42.5% versus 34.6% for women).

Market research is carried out by about 1/3 of men and 1/4 of women.

Women entrepreneurs are much less experienced than their male counterparts: 37.5% have less than 3 years of experience versus 25.7% of men.

82.5% of women start businesses alone (compared to 69.8% of men)

Men consider that they are more entrepreneurial than women (84.7% of men against 72% of women)

Men have much more confidence in the future than women (48.2% of women vs. 64.7% of men)

Men are clearly more confident in the success of their company than women: 72.4% versus 65.3

There are far more unemployed women than men among entrepreneurs: 25.9% versus 16.9

Women are 3 times less likely than men to have already tried the adventure of creating a business: only 5.3% of women had already created a business against 18.4% of men

As a result of the difficult economic times, do you consider that there will be more women entrepreneurs competing with men in this field which it so looks like they currently dominate?

It's a very interesting set of statistics and shows that there is still a little bit of balancing up to do, but progress in gender equality is strong in this field. Some traits may just be more deeply ingrained in the two different genders, like women being less arrogant about the potential success of a venture or perhaps on the last statistic - they are more likely to keep pushing at one particular type of business until it reaches success than a man who might be more switchable (which can potentially be a positive or a negative). Being more confident in success is not necessarily a positive trait in men, because it can often breed unnecessary or extra risk taking along with more wasteful behavior.
2027  Other / Off-topic / Re: How Do You Think About UFO Catcher? on: August 19, 2022, 07:30:58 PM
A few weeks ago, I took my nephew shopping at one of the big supermarkets in my city. While waiting for the cashier to count my groceries, my nephew whined about playing a game in one of the corners of the supermarket.

My wife was confused because my nephew kept pointing to one of those games. And after exchanging some money for coins, my nephew went straight to the doll claw machine, the UFO Catcher. In one go, my nephew could catch one doll and we were confused and asked each other, how did she catch the doll?

An illustration of a doll claw machine or UFO Catcher is below.

This kind of game can indirectly teach children about gambling because they buy coins with a certain amount of money to play in certain games. If they can't win, they lose the coins and have to use another coin if they want to play.

In some countries, such games are prohibited because games can be equal to gambling, leading to addiction in children.

What's your thought? Have you ever played this kind of game?

There's not much to think about it really, it's pretty much like every other arcade game and meant to keep you (or more likely children who pester their parents for money to play it) entertained for a short time. You hear the occasional story about one which is slightly misconfigured or someone has found a trick to master them, emptying out the machine and getting a little revenge. However in general they are very difficult to win and the prizes tend to be such cheap garbage you could probably buy one for less than the price of a single play. However it can be fun to try and beat the machine, but they are definitely geared towards kids who don't understand how they are setup to earn money - hence why they are often filled with toys.
2028  Economy / Economics / Re: Will Hong Kong consider Bitcoin? on: August 19, 2022, 07:27:23 PM
On the occasion that took place in 2019 in Hong Kong where it's inhabitants took to the streets to speak against the aggressive and excessive control exercised over them by China, citizens feel they are being robbed of their rights on being a sovereign nation and this action has been exacerbated by the COVID-19 pandemic and it's resultant attempts to curb it's spread by the Chinese government who imposes stringent measures as support from the West were not forthcoming..

As a result of these actions by China, Hong Kong seem to struggle with their economy and this matter is made worse as their currency looks to be tied to that of the dollar.
 The Hong Kong Monetary Authority are striving to keep their currency to trade at HK 7.75 or at most HK 7.85 to the dollar. But at the rate the dollar interest rate is increasing, it's hard for the Hong Kong currency to keep up.
 Will there be a possibility of Hong Kong seeking to adopt Bitcoin as a legal tender since they seem to be a Bitcoin friendly state and it's acceptance can help reduce the Chinese government's dominance on them. What's your take on this? https://bitcoinmagazine.com/culture/bitcoin-can-free-hong-kong-from-china

Hong Kong is just China now, it has exactly zero independence and it's absolutely pointless them even bothering with a separate currency right now. The only reason they have kept a separate currency is the government in China wishing to extract as much remaining juice out of that economic arrangement as possible. The Yuan is heavily controlled, in theory the Hong Kong dollar is still a respected currency but the CCCP has complete control over it and just leverages for economic benefit until it becomes as untrusted as the Yuan. It allows them to strike trade agreements that might otherwise look disadvantageous because China is known for devaluing their currency in order to get an advantage.
2029  Economy / Gambling discussion / Re: Will You Turn Down Your Old Friend on: August 18, 2022, 07:17:36 PM
THIS IS THE SITUATION: You are undergoing treatment for gambling addiction for two months already and only your family knows it, then one day one of your long-time buddies who you used to accompany to gamble in casinos wants to treat you for a night in a casino, and you have not seen each other for a very long time and he just want to reminisce old times.
Will you turn him down or agree to go to the casino for old time's sake.

If you are at the stage where you need treatment for a gambling addiction, then it is not something casual and have become a serious burden to your life. If that purpose was a genuine friend then you should be able to share that fact with them and they would easily be able to change the location to a more suitable place. Casinos are not the only place that you can have fun and catch up with someone, so it really is a bit of a boring question. If that old friend does not see the reason why you should avoid that location, then maybe it is time to move on or at least tell them you're not feeling ready so might need to delay it until some later date.
2030  Economy / Economics / Re: Credit cards | A scam or a tool? on: August 18, 2022, 07:09:40 PM
What's your thought about credit cards? Do you consider them a banking fraud, just to trick you to spend money you don't have, or a useful tool if used correctly? Do you have one yourself? In my case, as a student, I was issued a university card, which features a low yearly fee but also a considerably low credit limit. However, I often use it to pay bills in interest free installments (Car insurance for instance) and my gas expenses, which provide a decent cashback (I'll fill up my car once or twice a year for free).

On the other hand, there are quite a few shops here that also offer interest free installments, that way, I was able to purchase a bicycle for my girlfriend, when the budget was quite limited.

The trick on credit cards is to use them wisely, not spending more than you can afford, always pay in time, otherwise you'll get a huge interest on your balance, while at the same time, you're building a credit score.

What's your take on this? Are you against credit card usage?

It's easy to consider credit cards as scams, but in reality for the tens of millions of people who use them in many countries around the world they are simply a useful tool to help manage your finances. They are not a scam at all in fact, however they require a lot of restraint and are potentially given to people who shouldn't have them. They actually give a big benefit to any sensible user by offering certain buyer protections and giving you an advance credit line which will cost nothing if paid off in full every month. The ridiculous interest rates they charge are only ever relevant if you do not pay off that bill every month and that is where the trap can lie - the worst approach to credit card spending is thinking you in any way have access to "free money", that is the psychological trap that many people suffer.
2031  Economy / Gambling discussion / Re: More than 30% of an entire population of Georgia banned from gambling... on: August 18, 2022, 06:47:41 PM
More than a third of the Georgian population is on the blacklist of gamblers who are banned from gambling.... according to a translated post from Sputnik publication

Excerpt from the post:
Quote
Since March 1, a register has been operating in Georgia, including ludomaniacs, social workers, officials and persons under 25 who are prohibited from playing in online casinos.

According to the Revenue Service of the Ministry of Finance, 1917 people themselves applied to restrict access to the games, another 23 citizens closed it on the basis of a court decision.

 In total, the register contains information about more than 1.44 million people with a population of 3.71 million.


If this is true, I then wonder if there is Gambling epidemic there.
Well, I have nothing against the ban as long as gambling(taking big risk - big betting risk) is concerned. I will only be against banning Betting/Prediction market that encourages or promote Safe Betting. By the way, there is no such thing as Safe or Responsible Gambling. Gambling is unsafe and irresponsible.

Bet but don't gamble

I am a little concerned about the idea of banning vast amounts of the population of a region based on the job that they choose to do - I get the theory behind banning social workers, but in reality these people should be encouraged rather than implicitly restricted. Is it an opt-out type situation, where by default the restriction will be applied and they can choose to avoid entering the list? These types of actions can have unintended consequences further down the line, like discouraging people from jobs as future social workers or officials because they like to visit a casino once a year or play the occasional lottery game. I also hope that they have very good security on that list of people, because new setups can often be rather vulnerable if poorly configured and managed.
2032  Economy / Economics / Re: How micro payments can help to alleviate global poverty on: August 18, 2022, 06:42:16 PM
I travel for work a lot and I have worked on contract in 3rd world countries where poverty are very high. In most of these countries and specifically in the more rural areas, people are very poor and they lack the infrastructure and resources to have access to Banking services and/or the Internet.  Sad  (Some people even struggle to get electricity and clean water)

Now, most of these people rely on the land to provide them with an income... and they live in a constant "survival" mode.. where they live from hand to mouth.

Now, in Africa I have seen people using cellphones to make digital payments using a centralized payment method, called MPESA ...so even with very limited resources, people are still able to make transactions. (They charge cellphones with small solar panels and/or petrol generators for the community)

We (1st world countries) should find ways to make payments on Bitcoin easier and more user friendly, so that payment on ALL phones can be possible. (not just fancy smart phones)  Roll Eyes

We should also find ways for people with those phones to execute tasks that will enable 1st world countries to pay those people with "cheap" micro payments. (Lightning Network) ...example : translation services / typing / spell checking / sorting of data etc...etc.

Let's brainstorm ideas to develop software that will tap into the opportunities that will enable micro payments on a global scale, so that we can pull in a forgotten section of the global economy.  Wink

Do not give them fish... rather provide the hook ...line... sinker... and they will fish for themselves.

"Micro" is a relative term in this context, what might be very small sums in Europe or North America could amount to a substantial portion of a monthly wage in other countries. Some African or Asian countries might earn less than $250 equivalent in their local currency, so if they were able to put together an extra $25 through some sort of dealings then it would add an extra 10% to their salary - a substantial raise. This is why driving down fees for the blockchain network must also be a continuing strategy, they have come a long way from the early days and bech32 made a great step but we should keep pushing them down if we want to raise bitcoin up.
2033  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing in Casino tokens such as BFG, OWL or TFS on: August 17, 2022, 08:42:16 PM
It looks like all cryptos went down in the past few weeks/months, Bitcoin is down, Ethereum is down.

Among the few ones that actually haven't lost a lot of value are cryptos that represent gambling sites, for instance:

  • BFG for BetFury - they offer currently up to 76% yields per annum on the BFG token that is paid in other cryptos such as USDT, BNB etc.
  • OWL for OwlGames - they offer 43% per annum on their OWL token, their currency has actually went up in value whilst all other cryptos went down - and why? Anyone knows?
  • TFS for FairSpin - not very popular but represents FairSpin, didn't go down in value much either.

Are these things similar to what we had in the 1990s and 2000s before Crypto - like buying "William Hill" or "Ladbrokes" stocks? Is it more or less the same thing just in Crypto?

And why OWL keeps on going up in price? Honestly their site doesn't seem to be very unique or impressive - anyone has a credible explanation who is behind the price rise of that OWL token?!

 Huh

Honestly anyone who invests in these should expect to lose all their money. There is nothing particularly unique or special about these coins, it is somewhat similar to buying clothing in games - once that game loses all popularity that money you put into it is no longer worth anything. Much like the NFT craze, a lot of money can pour in and one day it will all come tumbling down without any logical reason. There is really little reason for these additional cookie cutter cryptocoins and the only people benefiting are the owners of the casinos who get an extra source of advertising with very little risk involved, in fact they might benefit in other ways as you've described the irrational hype pushing up the values.
2034  Bitcoin / Bitcoin Discussion / Re: Bitcoin’s longest-serving Lead Maintainer calls it quits, names no successor on: August 17, 2022, 08:23:15 PM
Bitcoin’s top developer and Lead Maintainer, Wladimir van der Laan, has confirmed that he’s retiring. Van der Laan is the second successor to Satoshi Nakamoto and is one of the few people in the world with final commit access to Bitcoin Core’s GitHub.

this is not a good look for bitcoin. luckily the joe bitcoin user will have no idea about any of this and blissfully continue using bitcoin to pay for a cup of coffee.

It could have a bit of a negative effect on the value once this gets more mainstream knowledge, which kind of shows a weakness that maybe hasn't been factored in properly to cryptocurrency to date. It probably effects Bitcoin much more than any other cryptocoin, but other coins will undoubtedly be affected by the knock on action of this. The continuity of the developers in the background is extremely important, even if it is a relatively stable platform, because they have vast power over the future direction of Bitcoin and can implement decisions that affect the money in everyones wallet. Much like you see in a company which loses a strong manager, it can easily start to wobble after that.
2035  Economy / Gambling discussion / Re: Casino can play a role in changing fortune? on: August 17, 2022, 07:47:32 PM
Many of us who play casinos, suffer more or less. Many are blaming it again that it is a money-losing machine. In this regard I would like to share a success history by playing casino game. It is only for knowing the truth especially those are don't know the fact.

Many of us may know the name of an international courier service known as FedEx. This courier service company headquarter is in Tennessee, USA. FedEx currently distributes about 1.2 billion parcels a year in 220 countries with an annual revenue of about 3 billion. Smith, founder of FedEx, started his business with 84 million us dollar. At that time he started operations in 35 countries with 8 planes. But at one stage, the price of plane fuel increased and that contemporary time courier service did not become very popular. His company is on the verge of bankruptcy. Smith come back to Las Vegas feeling sad. At that time Las Vegas was known as the capital of casinos. He had only $5,000 when he entered a casino with a depressed mind. His destiny was revealed. He earned about $27,000 with in a week. Smith come back to FedEx headquarter and invest his money on his company even though his money was not enough to run the company but with his hard work and enthusiasm he arranged to send all the parcels. in this way he established his company.

This is really a good success of smith as well as FedEx with the favor of Casino. By the way, i am not sharing it to encourage anyone to the casino.

What this story is really missing is where this person earned their money - if they were around for a whole week then chances are they might have been grinding it at a very skilled game which can be just as reliable as going to a job. People assume from the way you describe it, he was betting on slot machines or trying his luck at the roulette table but that's unlikely to be the case. It's possible he won the money from one of these zero skill games, but for every person that does walk out with a hansom amount of money like that - plenty more will walk out with empty pockets and even worse, hit a nice jackpot amount yet pour all the money straight back in.
2036  Bitcoin / Bitcoin Discussion / Re: The government of my country always blame Bitcoin for their failure. on: August 16, 2022, 09:13:07 PM
The recent report by Bloomberg that Nigerians accumulating cryptocurrencies to shield assets against a weakening naira have contributed to a slump in the fiat currency to a record low in the unauthorized market got my attention. The news reminded me of the blame game of the government of my country. My government is always quick to blame cryptocurrencies for the fall of our currency. But they fail to understand that people prefer Bitcoin because they have lost confidence in the stability of our currency. Converting our currency to Bitcoin is the effect of the fall in the value of our currency and not the cause of it. There are many factors that have led to the fall of our currency and cryptocurrency is not at the top of the list.

In February 23, 2021, my country’s Central Bank Chief appeared before the parliament to defend the bank’s directive to all commercial banks which forbids them to use, hold, trade or transact in Bitcoin and other cryptocurrencies. The apex bank claimed that these currencies are used for many illegal activities including fraud/ money laundering, ransom collection by kidnappers, terrorism financing and purchase of small arms and light weapons, and tax evasion. He also went further to state that dealings using cryptocurrencies threaten the soundness of our countries’ financial institutions which might lead to the depreciation in value of our national currency. From the above, the Central Bank Chief informed the Parliament that banning Bitcoin and other crypto currencies would lead to the decrease of
1.   Fraud and money laundering
2.   terrorism financing/ ransom collection by kidnappers
3.   tax evasion and
4.   depreciation of national currency value.
I might not be able to defend or talk much about the third point because he might be correct but the other three challenges he outlined that the restrictions of Bitcoin operations would reduce are far from the truth.


Unfortunately in many countries politicians spend their whole lives just trying to make it to the next election and will latch on to any small ideas if they think it will make them popular with a wide enough percentage of the population to help. The population of Nigeria are looking all over for people to blame for the unrest and poor state of the economy, in reality it might be held back by religion in certain circumstances - like we see the lawless state in the Northern regions. However it's much easier to target an innate object like a currency than actually take action against charismatic opposition figures who might be a challenge. Like drugs in America, if they stopped waging "war" and treated it in the proper way it would take much less energy and effort to defeat.
2037  Economy / Gambling discussion / Re: Gambling in Moderation, Pros can out weigh its Cons in Financial and Health? on: August 16, 2022, 08:51:10 PM
Everyone has negative connotations when it comes to gambling activity but little that we know that gambling when done in moderation can offer great benefits to our mental and physical health and finance.

According to this articles[1][2][3] gambling if done in moderation can give us the following benefits.

Makes you Happier - this is no doubt a known effect of gambling and is backed by studies.  It was said that the happiness of individuals rose when they are engaged in gambling activities.
Quote
Studies by the Behavior analysis and therapy program at Southern Illinois University have shown that gambling can positively improve your mood and cause happiness. The results of the study showed that people who gambled as a hobby were happier overall than people who did not.

The study showed that the level of happiness in individuals rose while they were engaged in gambling activities. When compared with those who used the television as a source of entertainment, the individuals who gambled were happier. Engaging in gambling as a hobby is a surefire way to improve your life and happiness.

Stress reduction - stress factor is one of the major reason why many people become depressed and possible mental degradation and retardation.  Gambling as an entertainment help to minimize this stress.  Gambling in moderation is also known for its stress-relieving effect.
Quote
Blackjack, a casino game helps to reduce stress. So many people suffer severe mental degradation and retardation because of stress. Stress makes the brain cells dull and people who suffer from stress risk having serious health challenges. If you are suffering from stress and you go King Billy casino and play the game of Blackjack, it will take your mind away from the things that are bothering you at the moment. You can also play casino games online from the comfort of your homes through gambling apps created by gambling companies.

For example, when playing Blackjack, you need to take the money winning aspect as a bonus and enjoy the fun of the game.

Stress is reduced by the fun and amusement created by sports betting and playing casino games. Blackjack is an effective stress reliever.

Relaxation and Comfort -  relaxation and comfort help the brain to erase any traces of or form of worries from the mind.  It also safeguard our mental health.
Quote
Relaxation and comfort are two factors that help to protect and safeguard the mental health of humans. Most people that make huge amounts of money from gambling use it to have fun and entertain themselves. Relaxation and comfort comes when you are having fun. Relaxation and comfort calms the brain and erases every form of worries from the mind.

That's actually rather interesting to know, however it might be more of a comparison between possible lifestyles than anything more meaningful. People who are rather unengaged and just watching mindless stuff on TV might generally gravitate to being less happy compared to someone who is spicing up their day while engaging in a small hobby. I think it does pose a genuine challenge and it is very possible to beat the bookie, or at least have fun trying to do so. However I'm only ever willing to risk rather tiny amounts just to test the waters, although I can see (at least through utilizing special offers) that there is lots of potential money that could be made on a more regular basis with the right strategies.
2038  Economy / Economics / Re: Most people more and more people depend from this on: August 16, 2022, 08:13:02 PM
Everyday we wake up and i ask is btc long or short.
Nowdays this is biggest question and most important one
We wake up morning we ask is the day gona be LONG or SHORT day
Many people asking thus everyday will be short or long and how short or how long will be long or short.
Before we go to bed we think isit going to be short or long if we leave position open for the night.

So yeah.

Maybe you should step outside the house more often if this is the biggest question going through your mind when you wake up every day, as I get the feeling you're certainly not benefiting substantially when it moves either way. People can go long swathes of time thinking that they are beating the trading game and unless you're managing risk exceptionally well then it can all get wiped out in a moments notice. Trading crypto is on par with trading Forex, one of the riskiest forms of trading you could possibly undertaken and a ridiculously high percentage of people will lose money in the long run. There are far smarter people, using automated and manipulative algorithms out there, which are likely going to slowly drain all your money - better to get out or not even start.
2039  Economy / Gambling discussion / Re: accurate sport prediction on: August 16, 2022, 07:51:50 PM
Hi guys,pls can anybody send me a website or  football tip star that give accurate football tips that as high success of winning rate or if you know of s reliable site or tip star that give fixed football matches kindly pm thanks

If you're looking for accurate sports betting predictions, just go to 3 different sport books (that are not connected in some hidden way like using white label odds software or connected by an umbrella group) and take the average bet from each on any particular sport. You are unlikely to find anyone who is profitable enough to beat the book makers over a long enough term, you might happen to find them during a run of good luck, which could change 3 predictions later and knock you out. If they were truly profitable they have little incentive to share and if anyone did happen to find a good person at predictions then it is likely they might never share either. Be extremely wary about paying to join any of these type of groups, because that's probably the main way they make money - not betting on good predictions.
2040  Economy / Economics / Re: Russia More Than Triples Current-Account Surplus to $167 Billion on: August 15, 2022, 07:45:13 PM
It seems, despite the image that some media may give us, that Russia is not doing badly financially.

Quote
Russia’s current-account surplus more than tripled from last year after notching record levels since the invasion of Ukraine, as declines in imports combined with booming revenues from energy and commodity sales abroad.

The surplus in the current account, the broadest measure of trade and investment flows, widened to almost $167 billion in January-July, compared with just over $50 billion during the same period a year earlier, the Bank of Russia said in a preliminary estimate published on Tuesday.

The proceeds have become a critical source of hard currency for the Kremlin since the invasion in February. A collapse in imports, driven in part by international sanctions over the war, has contributed to the surplus. It reached a preliminary $138.5 billion for the first six months of 2022.

When you consider how pathetic it is that sanctions have been imposed on Russia by the European Union, have resulted in things like this:

It is not surprising to read that Russia is profiting from this situation.

I love how angry you get at the supposed "pathetic sanctions" because it just shows they are working exactly as intended. No civilized countries want to do business with Russia any more, which is where the most creative minds are producing useful goods and services. It was inevitable to see a spike in oil and gas prices, which is Russia's primary remaining export, because of the impact of the war which Russia started against Ukraine. However that is just a short to medium term issue, as the whole world is now creeping towards recession, although Russia's will be much more painful to endure, because of the inflation this disastrous and pointless war has created.
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