So I read a thread on the forum by Ultegra134 that talked about renewable energy and he asked;
"The big question here is, can the world be 100% dependent on renewable energy sources? How can that be achieved and are they sustainable?"
The thing is, according to several studies and experts, it is possible for the world to be 100% dependent on renewable energy sources such as solar, wind, hydro, geothermal, and biomass. However, this would require a major transition of the current energy system, which is mostly based on fossil fuels that are non-renewable and contribute to climate change.
Some of the challenges and barriers to achieving this goal are technical, economic, social, and political. For example, renewable energy sources are often variable and intermittent, meaning they depend on natural conditions that are not always predictable or stable. This requires a reliable and flexible grid system that can balance supply and demand, as well as storage technologies that can store excess energy for later use.
Another challenge is the cost of renewable energy technologies and infrastructure, which may be higher than fossil fuels in some cases. However, many studies have shown that the benefits of renewable energy outweigh the costs in the long term, as they reduce greenhouse gas emissions, air pollution, health impacts, and dependence on imported fuels. Moreover, renewable energy can create more jobs and stimulate economic growth.
A third challenge is the social and political acceptance of renewable energy, which may face resistance from some groups or individuals who have vested interests in the fossil fuel industry or who are skeptical about climate change. To overcome this barrier, public awareness and education campaigns are needed to inform people about the benefits and feasibility of renewable energy, as well as policies and incentives that support its development and deployment.
In conclusion, it is possible for the world to be 100% dependent on renewable energy, but it would require a significant transformation of the current energy system and a collective effort from all stakeholders. Some countries and regions have already achieved or are close to achieving this goal, such as Iceland, Brazil, New Zealand’s South Island, Denmark’s Samsø island, and Germany’s Mecklenburg-Vorpommern and Schleswig-Holstein regions. These examples show that 100% renewable energy is not only feasible but also desirable for a sustainable future.
The world is already moving towards renewable energy sources and having a lot of success with it, however it's an expensive business so it is the richest countries in the world who are leading the way most of the time. Just look at the UK, it has vast wind farms which have enabled it to generate it's entire eletrical grid energy needs for days at a time, purely off renewables. One thing that is key to it however is diversification and nuclear power should still be considered as a backup or baseline load option, because it is much more reliable. Improvements to battery and long term energy storage will also be essential, because at the moment it is hard to store energy so it needs to be used around the time it is generated. |
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This is my first time experiencing restrictions to a casino bonuses and other benefits for a loyal casino player. I become extremely lucky to this certain casino that makes me have a 20/20 winning percentage to all my deposit that ranging from 100% to 200% of my original deposit including the bonuses.
I'm expecting this restriction to happened to me since casino will surely doesn't allowed anyone consistently winning. I view this punishment as compliment since it's very rare to defeat a casino.
Playing without any VIP and bonus benefits on a casino is pretty dull because this feature gives player extra boost to our profitability. I decided to leave the casino and register to new one that gives me bonus. I'm just curious on why casino offer a bonus that they can't handle once user keeps winning using this. They can adjust the requirements to make it more competitive instead of removing all the benefits to user just because he keeps winning. It's not player problem if he is very lucky.
Sharing this experience to be an eye opener that we can't have a consistent profit on a casino without being restricted. Just enjoy the game and don't focus much on profit. In the end, I decided to just focus on trading and rest on gambling.
I've experienced this at 5-10 different casino & sportbooks, so it's not really irregular, especially if you primarily utilize the bonus offers on their site. These gambling sites are looking for losers and people who constantly leak money into their profits, but they also actively take steps against people who only ever withdraw money. They are well within their rights to do so and it is the game we play. Don't take it personally, they have a dedicated team that reviews all accounts on a regular basis to determine whether they should still be eligible for promotions. There are so many different options out there when it comes to casinos, that you should simply take your business elsewhere and move on. |
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On this board I often see a lot of discussions related to investment and finance which tend to be large scale. However, to start investing we need capital. How do you find capital for investment?
Let's talk about small scale businesses that have low risks and promising profits so that we can have capital to invest and become passive income in the future.
Do you have a small business idea? or business experience? I want to hear it
People who run successful small businesses will most likely experiment via lots of different attempts in various fields, figuring out what doesn't work and seeing if anything can be tweaked into profitability. In the age of the internet it's very possible to start all sorts of online businesses with a low start up, maybe even just enough money to buy a domain name and not even that if they choose to use a free shopping platform like Etsy. Others make money through hosting news sites, writing articles and generating money through all sorts of different advertising methods. One thing you will rarely find however, is someone spilling the beans on their high profit ventures because that only dilutes them and does not benefit the business owner. |
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Let's take a moment to think about this and tell me if I am correct. All of the people whom I have observed getting banned from gambling at casinos by the casino management, aside from misconduct and other offenses, are individuals who keep winning significant amounts of money. For instance, consider Dana White. The way I perceive it is that if a person who is not cheating or engaging in illegal gambling activities consistently wins, the casino is highly likely to ban that person, just as they did with Dana White. You do not know if the are cheating or not, especially with things like blackjack where it is just suspicion that somebody is engaged in card counting for example. Card counting is not illegal, but it will give an advantage to the player in a casino when every game has been engineered towards giving the house an edge. That article specifically says at the end, he is not banned from any of the casinos, but his buy in is most likely severely limited or he will be forced to play fixed amounts in certain games so he cannot use strategies that the casinos consider abusive. Casinos love high rollers, they are just as susceptible to the engineered odds as every other player but just pay out vastly bigger amounts when they lose. |
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I really want know if getting more degrees can make life financially better because I come from a country where their are no job and I have seen people that the only thing they can do in life is to read books, getting more degrees attaining all these degrees yet no still go job for them with good pay. Do think people who read in a region with slim job opportunities are doing the right thing?
Most people who go for more degrees believe they can get better job at the end of the day. People that only go for more degrees in a stare with high unemployment rate are they doing right thing by putting all their focus on academic because this is the only thing they can do best.
There is a very fine line that you have to walk around the time you're going into these forms of higher education. As they can make average intelligence people into above average, but there is a certain cutoff who might struggle through uni but still not have the mental capacity or range to land good jobs afterwards. Different skills can also pay off in wildly different ways, going for a history course for example can get you a qualification and show you can hack the education process, but it doesn't necessarily have wide application in the workplace. If you're going to take on vast amounts of debt, you definitely want to train in skills that will be useful to business, or hope to get lucky competing with many people going for a small amount of jobs in niche fields. |
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Just a warning in case it prevents someone from falling into this shitty scheme. I was checking a crypto-casino with very easy entry just asking email and country, and allowed deposits in the main cryptos. I didn't need to deposit anything to realize that to withdraw funds they did require a complete KYC with ID, etc. I also tested registering from a banned country and even indicating it on the form, and it does not prevent you from making a deposit. I guess I stated the obvious, but I don't see the point for gamblers in using this. EDIT I'll share the site since so much people is asking, but I guess this is usual: https://elroyalecasinobonuses.com/ with a referal who leads you to the domain you'll be logged In FAQ you find it clearly: https://elroyalecasinobonuses.com/faq/Do I have to submit any documents when depositing money?
There are no documents needed for making a deposit at El Royale Casino. However, in some rare cases, we might ask you to provide a Credit Card Validation form to ensure the safety of your transactions.
How do I request a payout?
After you have submitted all the necessary documents for proving your identity, you will be able to request a payout in the Cashier section of your account. If you are using your mobile device, you need to go to “Menu,” and then to the section “Payout”. El Royale is operated by Wonder Play Company N.V. having its office in Willemstad, Curacao. Company Registration number 162233.
When a user makes an aggregate lifetime total of deposits exceeding USD 2000 or requests a withdrawal of any amount at El Royale, they are obliged to undergo a full KYC procedure, wherein the user shall submit some basic details about themselves and then upload the files listed below:
A copy of Government Issued Photo ID (in some cases front and back depending on the doc)
A selfie of themselves holding the ID doc
A bank statement/Utility Bill Yeah, pretty fair: give me 2K with no questions, but you won't be able to get a penny without fulfilling the rules. I'ts a regulatory joke. Even is a gambler trap: " I'll try to make it a big ammount so it's worth it to do the paperwork, then you loose. Unacceptable While you could classify it as shitty behaviour, we are at a point now where everyone should expect identity verification when doing something like gambling. It is historically a notorious sector for money laundering so they get some of the strictest rules enforced against them and every player should expect to be asked for it. Besides that there are other things like very generous financial bonuses that they give away, which only work if they know the players genuine and unique, so many people try to abuse these things. There are plenty of good reasons for KYC, but you're right that they should be upfront about requiring it or at least state any limits they might impose. |
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The past few years after COVID-19 have been the absolute worst; everything keeps rising—petrol, daily groceries, electricity, housing—to the point where you're barely making ends meet. Just to imagine, I've been looking for an apartment for over 6 months and haven't found anything yet. Not only is there a very limited supply, but those available are either too expensive, poor, too small, or everything combined. Thus, this is creating a huge feeling of uncertainty, as time is running out and I need to get settled down. Renting outside of town in the nearby villages isn't ideal either, because petrol is way too expensive.
I'm not sure if anyone else feels the same, but this uncertainty with the increasing living costs and the ongoing rat race is causing me excessive stress. On top of that, moving out of the country doesn't seem ideal either, because most European cities are also suffering similar conditions, along with an extensive immigrant crisis (see France, Italy, Germany, and the UK). I'd be interested in remote working, but the economics field I've studied at university isn't in high demand for remote working, which often recruits IT workers and generally fields that require hands-on experience. As soon as I'm settled down, I'm considering taking up a data analysis course and finishing my master's degree in order to look for more opportunities abroad.
I don't know, but each year seems progressively worse. It wasn't that bad before COVID-19; now it's the ultimate worst I've seen, and it's about to deteriorate even further. Thankfully, this forum has been a blessing and probably the only thing giving me hope, as it has resulted in me making a decent sum of money in the process. I'm yet to start looking for a job, but salaries are relatively low, despite the increased cost of living. To make matters worse, excessive weather conditions due to climate change are happening way more often now, causing floods and wildfires and destroying everything in their path. See Libya, Greece, Italy, Spain, and many more examples.
Maybe I'm stressing out too much because I'm yet to find proper housing to establish myself again after being away for over a year in the military. I'm generally an anxious person myself, but does anyone else feel the same, and how do you deal with it? How do you stay optimistic?
The biggest benefit way to can protect yourself financially is building up a buffer if possible, which people have done for a long time in the form of savings. However in the globalized world you constantly need to be earning, learning about new sources of income, taking advantage of many different sources and diversifying your assets. It's no good holding all of your money in one asset, because when crashes come they can be devastating or they can sometimes help to build great fortune up if you have given yourself a solid cushion to fall back on to in bad times. The bad times, when everything looks darkest economically-speaking, is basically the best time to have cash available to buy cheap as everyone is trying to liquidate. |
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Let's keep this as simple as possible and let's not shitpost! I see thousands of posts about football, a few hundred about other sports, and the rest are just almost non-existent. I'm a gambler myself but I stopped a while ago betting on soccer, all the Nxx in American sports and I'm just betting now and then on horse racing, from one penny at a time to some larger sums in case of a grade 1 event or festival. But here it seems like there is little interest in this, is that because horse racing is just unpopular or is it because, well,.... the casinos that sponsor most signatures here are not promoting it? So no post quota to make?  My old local gambling forum that covered this is also near death, I'm sitting in the sun 8 hours a day boring myself to death, so here comes feedback next part : - Do you honestly think running a prediction game (run with my own funds) would attract genuine interest in this and not just shitposting quota? - Would let's say 1-2 mbtc (per event, about one or two per month) be enough for people here to at least open a few links and take a look at what hoses are running and what their timeform is? - Is anyone here actually gambling on horse racing? The odds of horse race betting look alluring but anyone who has participated in a few races will tell you they are often won by sheer luck. There may be strategies to skim a profit, especially when making use of the many offers available out there on a regular basis, but it's probably not worth the effort at the lower levels. I remember first stumbling across them and got a bit carried away with the massive odds, then quickly realized that it'sm completely random, especially when you're looking at races with 20 horses in them. I don't see the effort of you creating a forum only pool of horse betting would be worth it, there are already way better odds out there than you could hope to provide and most of the money would follow those top predictions anyway. |
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 I came across this tweet, so the reference is the username. I thought it was a topic worth bringing up for discussion to see the choice that will be made by forum members. This topic is about solving problems as a service you render to make a living. Which of the problems will you prefer to solve as a service you render? the problems of the poor? or the problems of the rich? (support your choice with a reason) I posted this here because it relates to choices we make concerning how we want our finance to be, if this is a wrong place and the topic fits better in "politics and society", I will be happy to move it there. It's a dumb statement for a start. Firstly, rich people problems are nothing like the poorest and they usually revolve around legislation designed to regulate their activity for the better of everyone - which are not really problems at all. Nor is helping "poor" people necessarily a good thing, I'd love to help genuine people stuck in trouble but not people who willfully waste money. The best you can do is try to educate future generations how to wisely use money and how to get the best value education possible for them. University can be good, but I think they have maybe been a bit too commercialized because there are too many worthless courses out there that send the students into staggering debt without much opportunity to use them well. |
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I have recently read an interesting essay on this topic, but it was already explained it to me a few years ago.
The thesis would consist that, although the probability of winning classical lotteries is near zero (typically between 0.0000007% in the case of Euromillions and 0.000003% in the case of national lotteries), people is willing to pay an excessive overprice because they are buying the right to dream about the possibility of winning.
Although there are extreme cases that get addicted to lotteries, this is quite uncommon if I'm not wrong, because, if you are not paying for the probability but for the possibility, a bet of 1 USD is enough to buy said possibility.
On the other hand, national lotteries are known to be "taxes on ignorance of mathematics", but if these revenues financed public expenses that revert to the common good: would you agree to pay systematically 1 USD more in your annual taxes as something that ensures the right to dream of a dear life of every taxpayer?
It's true, the chances of ever winning the lottery are astonishingly small and lottery companies are increasingly making it harder to win by making little mathematical tweaks that make it magnitudes of difficulty harder. It annoys me when the "second place" prizes are also ridiculously small when they can be pretty similar in difficulty to win on as well. However, as you've stated, whenever I buy a lottery ticket it is to go to bed and dream of the tiniest possibility of waking up to complete financial freedom. The possibilities that winning millions would open up in your life are endless and there are very few similar shortcuts to wealth, so for a few dollars every so often it is nice to think of winning so big. |
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The fiat currency as we all know is subject to inflation. Needless to say, a lot of economies have gone down due to it, but today, we're going to be talking about the US dollar.
The US dollar has lost 98% of its purchasing power since 1971 and has gone through an 8% decline in its shares of global reserves in 2021. Now the thing is, if the USD continues to face inflation this much, do you think the Global reserve would be worth anything much in the future?
Lately, other countries have begun to carry out trade in currencies aside from USD due to US sanctions and other reasons including trade war with China and fed hikes to reduce inflation.
I'm April, Emmanuel Macron, the French president said that Europe must reduce its dependence on the US dollar to keep its strategic autonomy and avoid becoming vassals to America.
Although dollars play a huge role in the world financial system and cannot be replicated by other countries, it doesn't still change the fact that it's declining and we may need alternatives to occupy shares in the reserves.
Gold seems like a fine option, considering how its purchasing power, remains more stable over time, but do you think cryptocurrency stands a chance?
Now don't get me wrong, we all know and understand that Bitcoin in particular is decentralized, hence making it an alternative to money. Anyway, I intentionally used crypto and not Bitcoin since there are centralized coins that can be controlled by the Fed like USDC & USDT ( another thing is if they hold value as much as gold to be included).
So, do you think cryptocurrency stands a chance in share of the global reserves, now that countries are opened to diversification through assets?
Global reserves and the makeup that different countries are comfortable with holding are changing all of that time. If your currency enters the favored basket of currencies, it generally means it's more trusted which usually stems from level headed governance that are not prone to shock decisions. Take China for example, it is stuck in a bit of a paradox - it wishes it's currency was in higher demand, but is also battling not to have it freely floated because it would take away some financial maneuvering by the Chinese central bank. If their currency raises too much, it's exports become too expensive and then other countries start looking elsewhere for products, but if its too low then it is expensive for them to import from other countries. The erratic nature of the Chinese government also makes other countries uncomfortable with holding too much of their currency. |
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I came across an article How Old Do You Have to Be to Gamble in USA?. In this article, i saw that the minimum age to gamble is between 18 to 21 years. I wonder if the online casino do follow this minimum age for gambling. Yes, the gambling sites have our age data through the KYC documents. Do they ever restrict anyone who is underage to not to gamble? Also, if we find any site allowing minors to gamble, can legal action be taken against them? Of course they restrict underage people from gambling, that is one of several reasons behind KYC and you can imagine that random "sting" operations to catch out rogue companies will happen occasionally. Besides that, these casinos make huge money from older adults so they have no reason to break the law and face massive fines which could cut into their profits for the year. It actually surprises me that America has gotten a lot more lenient when it comes to gambling in the previous few years, especially around things like fantasy football related betting, which you might find has these younger audiences especially targeting the 18-25 crowd. If you found a problem with any site, report it to the police or your appropriate gambling regulator and they'll happily take action. |
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"Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with $2.6 trillion in assets and operations worldwide".
According to this new policy they are only trying to protect customers from scam and fraudsters.
Do you believe this is the case or they have interior motives behind it to suppress crypto access?
It's surprising that it has taken them so long to enact this sort of policy change, because crypto has now been around for 15 years roughly. This could have a damaging effect on crypto if many more banks start enforcing this type of policy, because at the end of the day many people need the liquidity of being able to convert to fiat currency and that is one of the biggest benefits required for it to be successful. I wonder if they got wind of some regulatory changes that could be coming up, or they're tired of not being able to squeeze more out of their customers who are transferring funds around without the obscene fees that these banks charge. However there will be a small percentage of customers who are falling for scams and it's impossible to get the money returned compared to regular banking networks. |
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If you have the habit of playing and gambling on different sports and game, I think it is not good because of some few reasons like;
YOU WILL SPEND MORE MONEY ON GAMBLING.
YOU CAN BECOME MORE EASILY ADDICTED THAN A GAMBLER WHO PLAYS ONLY ONE GAME.
YOUR CHANCES OF LOOSING WILL INCREASE, BUT YOUR CHANCE OF WINNING MAY NOT INCREASE.
YOU WILL SPEND MORE TIME GAMBLING.
Which other reason?
This is advice that I learned through playing poker and trying to up the grind by adding more tables. There are apparently people around the world who are able to master 4, 8, 12 or even more tables at one time and probably play a pretty tight game in order to achieve that. However even with a strategy in mind it requires intense concentration and can be super draining of your energy, even over short periods of time. It really depends on what game you're on about though, it's rather pointless playing more than one slots game at a time, as you're already losing on average for every single spin of the reel that you take. If you want to burn through your wallet faster, that's the only reason you should be doing it. |
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Remember this link if private equity companies start laying off their employees, or start collapsing on their own weight, https://www.ft.com/content/be9e095f-71b8-402f-a404-1172d6df1fb7Because from the way I understood it, some of them have started to borrow capital AGAINST their portfolio to lend to the companies that are IN their portfolio. Nested leverage investing.  Private equity companies are no different than any other company, in that the managers making decisions can sometimes make the wrong decisions leading to their own demise. There is this illusion that bankers are somehow more sophisticated, and the can be over the average investor, but they can often get caught out by trends they read incorrectly (like borrowing rates staying low) or thinking that demand for a certain good/service can be squeezed ever higher without any consequences. Ultimately they're just playing a balancing game, hoping they can swoop in to take valuable assets by borrowing at one rate and hoping the company can sustain enough profits that they can take the difference in between. |
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In the quest for achieving success and profitability, investors must navigate a vast landscape of companies striving to secure a dominant position in the market. Amidst this frenetic competition, one crucial element emerges as paramount: liquidity. Liquidity plays a pivotal role in the realm of investments, and this holds true even within the gambling industry. Companies boasting high liquidity possess the capacity to adeptly respond to shifting market dynamics, rendering them more robust and attractive to investors in search of both stability and growth. In this article, I will present to you the top 10 most liquid companies in the gambling industry. My analysis was conducted based on the Financial Index, which tracks the stock performance of 40 publicly traded companies in the gambling industry, encompassing various forms of online gambling, such as casino games, sports betting, poker, bingo, lotteries, and more. The index employs a market capitalization-weighted methodology and is adjusted semi-annually to account for market changes and the diversification of companies' activities in the gambling sector. Factors Driving Investor Interest in These Gambling CompaniesThese gambling companies have captivated investors for a multitude of compelling reasons, making them alluring prospects in the ever-evolving world of gambling. Let's delve into the core factors that have beckoned investors to place their wagers on these industry giants. Unprecedented Demand and Popularity:Companies such as BetMakers Technology Group, MGM Resorts International, and Las Vegas Sands Corp have achieved remarkable liquidity by drawing in a vast player base. Their extraordinary gaming offerings, alluring bonuses, and diverse entertainment options set them apart, continuously stoking investor interest. Pioneering Innovation and Technology:Enterprises like BetMakers Technology Group and Galaxy Entertainment Group Limited are actively channeling investments into cutting-edge digital technologies, catering to tech-savvy, forward-thinking customers. Incorporating artificial intelligence, blockchain advancements, and enhanced online platforms has not only expanded their customer base but also bolstered liquidity. Global Footprint:With extensive networks of casinos and entertainment complexes spanning various countries, companies such as Las Vegas Sands Corp and Galaxy Entertainment Group Limited have established diverse investor bases and stable stock liquidity. Commitment to Transparency and Accountability: Firms like MGM Resorts International place paramount importance on transparent operations and their fiduciary duty to players and investors. This steadfast commitment builds trust and sustains long-term stock liquidity. Internationally Acclaimed Brands:Companies like BetMakers Technology Group and MGM Resorts International have cemented their status as global brands with stellar reputations and massive followings. Their worldwide recognition draws investors from across the globe, ensuring robust liquidity and consistent stock growth. Strategic Market Expansion:BetMakers Technology Group, Las Vegas Sands Corp, and Galaxy Entertainment Group Limited are actively pursuing market expansion strategies, igniting interest from international investors and consequently boosting stock liquidity. Through strategic partnerships, acquisitions, and market entry into various regions, these companies are solidifying their positions in the global gambling landscape. For instance, BetMakers Technology Group is ambitiously expanding into Asian, European, and American markets, providing worldwide access to its innovative products and solutions. Meanwhile, Las Vegas Sands Corp and Galaxy Entertainment Group Limited are trailblazing by establishing lavish casino resorts in countries such as China, Singapore, South Korea, and others. This geographic expansion attracts both local patrons and a plethora of foreign guests and investors, thereby elevating the liquidity of these companies' stocks. In summation, the fervor to expand into global markets propels BetMakers Technology Group, Las Vegas Sands Corp, and Galaxy Entertainment Group Limited into the upper echelons of attractiveness for investors seeking maximum liquidity and growth potential within the rapidly evolving gambling industry. It's interesting to see this list for sure, however it seems very geared towards the Asia Pacific region when there are plenty of large betting groups based in placed like the UK and Europe. Liquidity is a pretty dumb metric to go on, because it is not necessarily reflective of anything and poor for comparison purposes. You could have one company with a share priced at 1 cent compared to a company with a share price of $10 - you'd see 1000 shares of the first company changing hands compared to 1 of the second company, it doesn't make it more valuable in any way. BetMakers Technology Group is tiny, almost insignificant with a market cap of $93 million when there are companies in Europe with $5+ billion market caps not even mentioned. |
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I have been thinking and trying to analyze what is really causing the high cost of food in Nigeria, I came to realize that monopoly is the major factors, Nigeria government are the enablers. How can one person be the sole major distributor, government should welcome competition in the business sector, every business person should be allowed to produce.
Are you purely talking about Nigeria or the worldwide economy? As Nigeria is the biggest economy in Africa if I recall correctly, however they are still relatively small when compared against many other countries outside of Africa. Unfortunately certain countries have been so corrupted and maybe classified as "democracies" in name only, as the leadership will often manipulate their inherent advantages when they have been entrenched for a long time. It's very difficult to build a strong country with independent judiciaries, police forces, institutions and politicians - taking generations or even centuries to achieve the right level of stability. However they can often be broken by people abusing certain powers in unexpected ways. |
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In my opinion making cash from gambling is not a good option and the statistical probability that you will win every game at every casino is very low. I think winning or losing every game is completely in your head, so your individual tricks are not there. However, we all have some kind of luck so we should strive for what is possible for us.
There is a lot of "luck" in gambling, I mean it is the inherent nature of it that you are always weighing up your odds and facing the ultimate risk of losing your entire bet if those odds go against you. If you think you have any sort of control in the unskilled games you find in casinos - like electronic slots - then you have already lost and luck is the only thing that might bring you a slight bit of comfort. Most people do not capitalize off their good luck however and return any money gained back to those same casinos. The only chance you have is finding a skilled game or being able to accurately pick odds that sportbooks have mispriced, but they are also very good at their job and always improving on it. |
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Below is a list of 10 Countries With the Biggest Debt Burdens1
1. Japan $10.1 trillion
2. Greece $415.35 billion
3. Italy $2.94 trillion
4. United States $36.8 trillion
5. Spain $1.74 trillion
6. France $3.478 trillion
7. Portugal $305.45 billion
8. Canada $2.52 trillion
9. Brazil
10. Belgium $640.3 billion
I am not an economist so my question would be directed to those who understand economics and government administration. If a country is capable of paying off her debts, why don't they? Obviously , these developed countries I believe are capable of offsetting their debts because they even render aids to other developing nations.
Secondly, are there any benefits, economic or otherwise of a country being in debt?
There can actually be plenty of value in not paying off your debts in many situations. Debt for the individual consumer can be bad except for when you're paying off a mortgage. However if you use that "good debt" mortgage as an example, it can actually provide a lot of leverage to the homeowner - if they've got an interest rate on their mortgage of 5% but the value of their house is raising by 7% per year due to demand, then in theory they are benefiting by paying down the asset but also having the underlying value increase above their loan cost. If you imagine that on the scale of countries, if China were to buy a lot of US debt but the US printed a lot more money, then essentially they can deflate their debts away as they have ultimate control of the money printing side. |
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People don't have statistics to play gamble and that is why some of the gambling enthusiasm do experience (shege in gambling... meaning much loses in a gambling) so it's good for gamblers to know a specific amount that should go out in their wallet weekly or monthly.
When you check the statistics of who is on constant gambling of different kind of gambling either casino, poker game and other gambling games, should check the funds that goes out of them monthly because of gambling and they funds they received in a month and annually in gambling if they are of the same amount.
If we planned our gambling bet we should not be going crazy after when we have not meet up our target in gambling, what i expected every gambler is to make table of how much should be spend in gambling and how much should go investment, because money we loses in gambling continuously if we gather it together it will sum up to start a little business. I'm say play gamble with experience, don't use all you have for casino gambling
What you'll often find is that the actual odds of you winning almost every game are clearly labelled if you go digging around in the various terms of service. It's called the "Return to Player" or RTP of each game in a casino, so they are quite open about how much of every bet you can expect to be returned back to you over the long haul. However many gamblers struggle with the concept that each bet is independent of any past or future bets they may commit. If you have a string of losses, there is nothing stopping you from losing the next one and there is no sort of aggregated tally that means you "deserve" to win the next game. While some casinos may run more manipulative algorithms, they don't really need to and may even give you more winnings to ingrain the habit forming behavior that eventually sinks even more of your money. |
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