Latest posts of: redsun114

Quote from: michellee on November 09, 2023, 04:37:16 PM

some people deposit a lot of money, play gambling, and finally get their big win. This sparked curiosity in the casino, so they asked their users to complete KYC first before the casino would process the withdrawal.

Well, it barely has anything to do with curiosity but it's because they are compelled to do it. Casinos, even if they don't want to, have to ask users for KYC verification under certain circumstances due to regulatory pressure because the casinos are regulated and licensed and authorities governing them have imposed certain rules that they need to follow and KYC verification is one of them.

Quote from: michellee on November 09, 2023, 04:37:16 PM

if we don't want to do KYC, we also have to know how we should gamble. We don't need to gamble with a lot of money and only deposit as much money as we can afford. And with that limitation, we don't need to complete KYC even though we will be asked by casinos in the future. If you don't want to do KYC, you don't need to gamble at all. That is the choice.

A gambler doesn't have a choice, there might be casinos that claim that they don't need KYC at all, but are they trustworthy? We don't know, and when you are not sure about the integrity of a platform, you can't use large amounts of money with them to gamble because when there is a lot of money involved, you are supposed to find and use only trusted and reputable services.

Quote from: retreat on November 10, 2023, 11:13:32 AM

Well, my investment in Bitcoin has nothing to do with my gambling activities because I have already determined how much money I have to invest or gamble each month from my salary, so whether the price of Bitcoin goes up or down, the amount I gamble remains the same. just.
However, at some times I reduced my gambling intensity to invest more in Bitcoin, for example when the price of Bitcoin fell some time ago, I diverted some of the money that I should have deposited into my gambling account to buy Bitcoin.

The question is basically directed at the gamblers that use Bitcoins for their gambling activities which is why the price of Bitcoin can impact their gambling. If Bitcoin's price is $20k and you are spending 0.1 BTC in gambling in a month, it means you are spending $2k, but if the price of Bitcoin goes up to $30k or even $40k, the same amount of Bitcoins will have a different and higher value, or if the price drops, it will have a lower value which will obviously have some effect on your gambling activities.

This is the reason why I believe a gambler shouldn't use cryptocurrencies that are volatile for their gambling activities because it can be costly. If you lose 0.1 BTC when its priced at $30k, and after a month, it goes to $60k, you will regret doing that because if you didn't do that, you could have double of what you had spent on gambling. It is also difficult to keep a count of the bets and how much one has won and lost, using stablecoins for gambling is better for this reason.

Quote from: BitcoinPanther on November 09, 2023, 09:38:51 PM

Quote from: CryptoHeadlineNews on November 09, 2023, 08:46:32 PM

And what causes gamblers chasing loses most times is when a gambler gambles more than they can always afford to lose, and in such case, the only option such gambler has is to double his betting stake, while hoping to win and recover all lost funds plus an extra, just as O.P did, by winning an extra, which is a rare occasion, as most times, if you are not lucky enough, you could also end up losing your entire funds, and gamble only responsibly at all times no matter whatever the scenario be, while having how much is he/she willing to risk at all times.

Gambler lose more in chasing loses because they tend to stay on the same game. Like in slots, the longer we stay on this game, the more frequent dead spin occurs. So if chasing losses is triggered, the player tend to ignore that kind of observation and keep on gambling until they ran out of money.

The danger of chasing losses is the trigger factor where a gambler don't mind anything but to get a huge win and eventually recover his losses which often times don't happen.

The reason why a person loses more while chasing losses isn't that they stay in the same game, but the main reason for it is that the gambler starts increasing the bet amount almost by 2x after every loss, we call it the martingale strategy, and a healthy loss streak with this strategy will take only a short while to empty the bankroll of the gambler because the bet amount is doubling after each loss and that when continued for more than 10 bets will reach a pretty high amount.

So, the danger of chasing losses is in doubling the base bet which is a recipe for disaster a lot of gamblers don't understand because they might have done it successfully once or maybe twice but they haven't yet experienced a deadly loss streak that sometimes can even go above 20 consecutive losing bets which is disastrous.

Quote from: coin-investor on November 08, 2023, 12:09:04 PM

Quote from: libert19 on October 24, 2023, 04:37:53 AM

It's one of question which differs from person to person. How do you define richness?

For me, being rich is having money, and being wealthy is having time, so between the two I prefer to be wealthy, some rich people have no time for healthy relationships, and do not have time to be themselves and find peace, you can have all the money in the world but if you do not have time to your family and your time is invested to make more money you lack the quality of life and that's money cannot buy.

Rich is associated with having so much money and afford to buy anything and live a lavish lifestyle, I have seen lonely people rich people regret that they've spent all their time making a lot of money and straining their relationships with other people, so for me rich is not only having money but having a good relationship to your family to your fellowmen and your creator and having a contented life.

People in different situations will have a different mindset about what being rich means. Someone who doesn't have money would say that they are ready to make any sort of compromise in their lives only to have a lot of money, even if it's about getting away from their family and friends, on the other hand, those who have a lot of money and make a lot of money but don't have any real friends or relationships will think that they will give away all their money only to have these things.

Life isn't fair to everyone, and one cannot have everything they need or want in their life. Even if you get all the wealth and everything in the world, there will still be an unfilled spot somewhere in your life after all that you have, and no matter how hard you want, you won't be able to fill that spot at all.

Quote from: Jody.Drummer on November 09, 2023, 09:19:34 AM

With all the possible risks that are very likely to occur, therefore of course it is very difficult to make gambling a place to earn because yes maybe you also know that there is no guarantee that you can win. Moreover, I am not sure that those who can succeed in gambling can withstand all the pressure of every condition, especially losing streaks, they can be stressed out because of that. Although there is a very tempting opportunity but in my opinion this is not the right place for anyone to make money because the risks are much higher than the possibilities.

Gamblers who are responsible and disciplined might have higher chances of success in gambling because it's generally not possible for someone to earn money constantly from gambling but if someone is careful with their bets and bankroll and is always gambling responsibly and does not give up in front of the urge to gamble more when the time is not right might be able to have a good win to loss ratio in their whole gambling career which is what we can consider being successful in gambling.

Those who get a lot of money from gambling are purely out of luck and it isn't doable by everyone, so it's pointless for gamblers to find motivation and get into gambling just with the hope that they might be able to get a big win and become successful because the percentage of people in that category is extremely low.

Quote from: SamReomo on November 09, 2023, 01:37:06 AM

I never dreamed about having my own casino but if I can get my own casino then it's always going to be a good thing for me. Now a days, it isn't that hard to have one's own casino but still initial investment is required to have a proper casino which may have some active players.

The worst thing of this time is that the casinos must have some type of license to work and unfortunately I think that's not needed that much. The games are widely available by game providers which a new casino can implement into their platform, but I still believe that the ones who build their own games will have priority over the others.

Your statements, "it isn't that hard to have one's own casino" and "but still initial investment is required" contradict each other, if you think that it's easy for someone to have that much money to start a casino then you should say that it's easy for those who have enough money for it because not everyone can afford to have enough money to build a casino from scratch or even buy one. So, it's not 'easy' to have your own casino business nowadays unless you are ultra-rich.

It's also not only about money, but that's also the initial step that is required only to get it built, one needs experience in the industry to be able to manage it well and make it successful because you can't start a business that you have no experience about and still make it successful since you know nothing about it at all, even if you hire people to do all the work for you, you are still the boss and it's you who will have to make sure everything is working the way they should work because your employees will care only about their job and paycheck and not your business.

Quote from: ethereumhunter on November 09, 2023, 08:47:36 AM

Beginner gamblers really have to pay attention to how to find a trusted casino by looking in the right places. They can't just use a casino they got from a random review site because that doesn't guarantee they will provide an honest review. Many of these sites provide reviews because the casino has paid them, so there are still many people who fall into scam casinos. Scam casinos can easily fool beginner gamblers who are inexperienced because for them, it is still difficult to differentiate between scam casinos and trusted casinos, especially since they may not have found a trusted review site that only provides a list of trusted casinos too. Even if novice gamblers can find a trusted casino, if they don't take the time to read all the rules, dos and don'ts at that casino, they may still run into difficulties later. That is why they need attention to want to understand more about the casino.

They are newbies and beginners, they will not understand things until or unless they either experience them themselves or have someone around them who can guide them about the things that are right and wrong. If they don't have anyone around them for guidance and they are also not a part of a public forum like this where they could read such guides and posts, they will not have a choice but to choose a casino randomly from review websites or through a simple Google search and then it's their luck if that casino turns out to be a good one or not.

So, no matter how many times we say it and how many guides we post in every public forum, there will always be some newbies who won't be able to read them, and at the end of the day, they might become victims of the scam casinos that they join being clueless of their actual reality.

Quote from: Hirose UK on November 08, 2023, 10:31:20 AM

There are lots of providers and types of slot games in every casino, in fact slots are the only most popular game because almost all gamblers have had or like slot games because this game is quite easy to play and if you are lucky you can get big.
So far, I have only tried playing high volatility slots few times and decided not to try again because it only results in defeat because this type has quite high bets even though it is the lowest option and really requires quite a lot of capital if you want to win there.
Some gamblers manage to win large amounts of money but I sure they use quite large capital too.

I personally prefer pragmatic providers because they are easier to win and the lowest bet amount is also very small which makes it possible to save money on each round.

Even though slots are game of luck, if you don't have lot of money then it better not to play slots with high volatility.

I don't agree with that, I believe gambling games are all based on luck, and you can't win more in any game just because you have a large bankroll. People often say that one can eventually recover their losses if they have a very large amount when gambling but it's not true, even if you have millions, you can lose it all in gambling eventually which is why people say that one should only gamble with what they can afford to lose, if one could do that, it wouldn't be such a popular and important phrase.

So, even though technically a gambler should lose more in a slot game that has higher volatility, in general, since gambling is all about luck, one can win more if they are destined to even from a highly volatile game, and if one isn't destined to win, they will lose much more in a normal game of slot.

I would say if you have 600k, not telling anyone about it would be a smart choice to be fair. If you put all of that into bitcoin, and just slowly spend it, I can say that in my nation that is good amount of money to live forever and not end. You could get some interest on it, and bitcoin could go up, so if you spend something like 2k per month which is a lot in my nation, that is 300 months, by logic 10 years is 120 months, so it's 240 months for 20 years, and 300 is 25 years.

That means you get 25 years worth of money already, maybe not enough for your entire life if you are young, but bitcoin will go up so you are going to get a lot more and that means it should be enough for your retire life. You will not have to work a single more day in your life if you could just ignore all the need to tell others and just stop yourself and keep it a secret. Just make them think that you have an online business that makes 2k a month and that's it, forever.

Quote from: Fivestar4everMVP on November 08, 2023, 12:19:51 PM

How exactly do you guys even come to this conclusion that one or a gambler can set a winning limit and stick to it?, we all know that when a gambler in winning, that is when he or she is much more motivated to keep paying more and more, so as to keep increasing the profit, and we never can tell what may happen, the gambler might end up hitting the jackpot if he or she keep going.

To this or the above, i personally believe that setting a winning limit is not efficient and so unreliable when it comes to responsible gambling. Instead of setting a winning limit, set a loss limit instead, with a loss limit, you know that once you as a gambler have lost a set amount of money in gambling in a day, you give up gambling the whole of that day and possibly try again the next day. A loss limit i believe will be more effective and more reliable in helping a gambler maintain a responsible gambling attitude.

The motivation that you are talking about often tends to be the enemy of a gambler since when they get motivated to gamble more after winning, they may lose whatever they have managed to win so far which isn't what one would want. Setting just a loss limit would mean that a gambler wouldn't stop gambling until they reach that point when they have already lost a substantial amount from their initial bankroll even if they have managed to win some money on top of it initially.

That's why, I believe, even if one doesn't set a limit for their winnings, they should know when to stop gambling if they are ahead of the house so that they can make use of the profits in another session or maybe cash them out. A responsible gambler wouldn't just know when to stop when they are losing, but they should know when to stop even when they are winning only to secure the profits.

Even at the start, people are already free to choose what they want. There are less to no restrictions here in the crypto world because the concept here is being decentralized. It only becomes a problem if one lacks in knowledge because they can end up on choosing the wrong crypto.

And the other thing, is they won't know that the market is very unpredictable. Most of the times, there is a reason for the reaction of the price. We can always find them if we investigate further. There is no way that any coin can rise whenever we are close to the bull run or halving. Also those events are not only responsible for some crypto to rise. We should change that mindset.

Quote from: Natsuu on November 06, 2023, 01:03:26 PM

Quote from: alastantiger on November 04, 2023, 06:12:10 PM

Quote from: raybucks on October 19, 2023, 11:43:39 AM

Share your tips and thoughts on staying responsible in this digital realm.

Another tip is to not compare yourself with another gambler. In sports betting you may see another bettor who has staked $1000 while you can only stake $100. If you'll be hurting yourself of you compare yourself with him. If will lead to irresponsible gambling. Never compare yourself with another bettor.

Right. Comparing yourself to other gamblers, especially in terms of stakes, can lead to irresponsible gambling behavior. It's essential to set your own limits based on what you can afford to lose and stick to them. Responsible gambling is about enjoying the activity within your means and not letting others' behavior influence your decisions. It's crucial to gamble responsibly and seek help if you find it challenging to control your gambling habits.

People often compare themselves with others when they see them getting huge profits from gambling. They want to get the same results as well because they might have lost more than what they've won. Their bankroll and budget are without a doubt higher, and on top of that, maybe they can afford to lose a very high amount without regretting it once while you might not have that financial capacity which will cause troubles for you.

That's why, one should only gamble according to their limits and their limits must be based on their bankroll and their bankroll must be based on their financial capabilities. If you can't afford to lose $200 a week, you shouldn't use that much just to imitate someone else and win high rewards.

Tottenham Chelsea game was one of the most chaotic games that I have ever seen in my entire life, between red cards, penalty, the cancelled goals that came back from the VAR system, it was all very very chaotic.

The fact that Tottenham kept on doing the whole offside trick and hoping that it would work was a very wrong move, it was obvious from the start that Chelsea would figure something out against it and that's what happened, they did figure out a way to just counter that and they did, and it may have taken some time but they did managed to learn how to start from the behind and that made it work better. One thing to remember is that if you pass from the defense, offside doesn't work all that well for the other team.

Quote from: Volgastallion on November 06, 2023, 01:48:05 PM

Quote from: temple on November 06, 2023, 10:30:39 AM

Maybe they are the strongest team, but as you can see a team like Liverpool can also have problems with beating a team like Luton Town. And Luton Town almost beat them if they didn't concede that goal in the fifth minute of extra time.

Yes but that was one game in 100, and alsot he Luton Town pitch is very complicated because is very tiny in dimensions, so if you ahve a bad day you can be in serious problems.
In a 180 minutes game or in a H2H you are not gonna have that much luck against a team like Liverpool and in Anfield you are gonna be punish.

Even I agree this just because of right now talking about title race is not ideal because many changes can happen and after teams from the Champions League joining this league things can go in any way last season we also have two English teams which were favorite to win in early rounds, but both suffered in knock out rounds.

Conditions and home advantages are also having good advantages for teams to win into their matches currently we have few teams which are doing good job in their matches but what could be happened in knock out rounds it's also important January window can also create good problems if few teams lost their players with having good contracts from other clubs with luxurious salaries which are creating good mess-up in recent time Liverpool and Bayer Leverkusen both are currently at same level.

I'm experienced and knowledgeable enough to not get disappointed because of a businessman going against Bitcoin or cryptocurrencies. After all, I know that their support or opposing it wouldn't make things different for me if I had started using Bitcoin because I like the idea or the technology it has been built with and the purpose it serves for us as users or even investors. Their views regarding Bitcoin won't change my views regarding it since my views aren't influenced by what they say or think about it.

Michael Saylor or any other businessmen who are actively involved in Bitcoin investments might say things that will be useful for them in terms of profits in the long run, and it's understandable since all they care about is profit and they aren't backing Bitcoin or cryptocurrencies because they like them in other ways, which might be the case, but it might not, for most people.

Quote from: Out of mind on November 06, 2023, 04:09:25 PM

Although Chelsea are a good team going forward, they are not in very good form at the moment. Moreover, Chelsea's players sometimes change their movements a lot and everyone gives a good game to everyone. However, it is difficult to say how strong the team will be able to attack today's match against Tottenham, and it is not possible to say whether they can win the match. However, since today's match is at Tottenham's home ground, I think it would be foolish to bet for sure. Today it is not possible to say for sure which team will win, if there is an attacking game between Chelsea and Tottenham then the match is likely to be a draw. However, Tottenham have been in the best form in the Premier League this season, finishing second in the points table, where they overtook the likes of Manchester City and Arsenal to take the top spot, And if they win today's match, then Tottenham will be at the top. So I think today's match can be a win for Tottenham, if Chelsea can't perform well.

Derbies have never been easy to predict even currently Tottenham at the top and Chelsea is struggling in middle of the league table and their performance is already improved and things are taking positive stance for them Pochettino is also doing good work even his long run strategy needs more time but with the current situation things are taking good change for their future.

Chelsea away form is also good with in last three games they are having seven points and Tottenham is also having 100% record in this season at home which mean this could be interesting match for the both teams with Tottenham having good chance for staying ahead of the Manchester City and taking five points difference from Liverpool and Arsenal which are currently at third and fourth respectively.

Quote from: blckhawk on October 29, 2023, 03:35:21 PM

Quote from: erep on October 28, 2023, 09:03:43 PM

Some casinos do not explain KYC and detailed requirements for withdrawals, so some users will be surprised if the withdrawal requirements must be KYC verified and the withdrawal value limits are high, this condition occurs in scam casinos because the casino team deliberately makes rules that make it difficult for users and the casino team will take over the account you to withdraw your funds, so make sure you register an account with a trusted reputable casino so that you don't worry about misuse of KYC data because they have a license that can be accounted for to monitor activities at that casino.

Shouldn't that be the casino's responsibility to tell the players that if they're planning to cash out, that they're going to have to follow their KYC policy? Plus, isn't it the best time if the casinos grow up too in terms of advertising? Lying about their operations can only work so long and with more people knowing how to think for themselves, deceptive advertising days should be numbered because there's a lot of option out there to choose from when it comes to honesty in casino so it's not incentivized in the long-term if you engage in that kind of advertising.

I don't think it's their responsibility to tell players about all their terms and conditions since they already have them written separately and are available for everyone to check and read, and it's gamblers' responsibility to read the terms and conditions when they are joining a platform to know if they will be asked for KYC verification or not during the withdrawal process. If the casino doesn't have it written in its terms and conditions and still asks for it, that's when they are to be blamed.

If a casino has it written on their homepage or anywhere they are running promotional campaigns that players won't be asked for KYC verification but they still ask for it, that is when the casino is wrong because they have said it themselves that they won't ask for it but they are still asking for it, but if it's available in the terms and conditions and they haven't said anything about it, it's gamblers' responsibility to find out about it.

Quote from: Out of mind on November 04, 2023, 06:04:18 AM

Earning daily income by trading actually depends on a person's money. You will get profit according to the amount of money you can invest in the trade.

The amount of profits one can earn depends on the capital, and earning depends on the knowledge and experience of the trader and whether they can manage to make successful trades or not. But, unfortunately not an each and every day is a same day which means you may book 50% profits today and may book 40% loss tomorrow. So, calculating profits for a day is absolutely not meaningless in my opinion.

Quote from: Out of mind on November 04, 2023, 06:04:18 AM

Moreover, an experienced person will never face loss

That's not true. Even experts in the market and technical and fundamental analysis tend to incur losses sometimes, the main thing is to recover those losses which is possible if you can make a few successful trades after a losing trade.

Quote from: Out of mind on November 04, 2023, 06:04:18 AM

Basically if we want to make daily income by trading first of all it is important to have good knowledge about trading and then having funds is most important.

Yep, both of these are the basic requirements. Have your capital ready first, and then gain the necessary knowledge about how you can use that capital effectively.

Quote from: Out of mind on November 04, 2023, 06:04:18 AM

Any trading you do is risky, so you have to take risk if you want to earn daily.

No risk, no reward, as they say.

Quote from: khaled0111 on November 04, 2023, 10:54:21 PM

Don't think about it too much. "the house will always win" keep this in your mind.
The house will always win not because it's luckier than you, not because it has thrown some sort of spells. No, they will always win because they see prepared. You can't convince me, sorry. To stay safe, just gamble what you can afford to lose or stay away from gambling.

That's right, the house edge doesn't let the house lose in the long run. When a gambler is losing, the house is winning, but when a gambler is winning, the house is still winning in the long run because of the house edge, and there is no way one can reduce their losses in gambling, no strategy, no plan, nothing at all can save one from incurring losses, so as you said, the only way one can stay safe from gambling is to either stay away or have a limit for their bankroll that they can lose for a certain period.

However, most gamblers don't understand simple facts, they also don't learn from the experiences of others, all they think of is getting rich through gambling which we all know isn't something that happens with everyone and only a very small percentage of people in the whole world become lucky enough to achieve that through gambling.

Quote from: Youngkhngdiddy on November 04, 2023, 08:00:03 PM

Quote from: BabyBandit on November 01, 2023, 04:27:47 PM

Yeah I agree.
Sportsbetting is not only based on luck such as slots for example. You can take away a % of needed luck and replace it with knowledge instead. 💪

In as much that knowledge is also important in gambling, but don’t fail to forget that some games won’t go your way even with you best knowledge and deep research, I will take Bayern Munich last defeat in their league cup as reference, because no one ever thought a club in the division 3 will win a top dog team like Bayern. No game is sure just so we know, that’s what’s make it a game of luck. This is why you you are advised to gamble responsibly stake what you can afford to lose. We keep clamoring to keep playing what you can afford to lose.
Sport betting is not a safe heaven and can’t never save you, you can only play for fun, learn not to gamble with emotions or else you will lose money. If you are a casual bettor then damn stay away from betting. Once you are trapped in this no one can save you. Valuable time of yours go in vain, no mental peace, You will lose money and in the process of recovering them you will lose more and end up debt to someone. Unless you have a Stable job or financial stability don’t even think of getting in to betting. Every one think they are lucky and can earn but i’m sure that you will end up Unlucky.

I don't completely agree with you because sports betting is not a complete game of luck and the reference that you used doesn't happen all the time. I know that sometimes, a favorite team might lose against a team that doesn't always play so well, and that happens in any sport, but that doesn't mean that the teams that are on top are there for no reason, they are on top because they play very well most of the times and that is why they have earned those positions for themselves.

So, someone who has knowledge and experience about the game and the teams and players involved will eventually be able to win more games than they will lose because they know the strengths and weaknesses of all the teams and players and they know which one is better, luck can ruin maybe 2 or 3 games out of 10 or maybe even less than that, and the remaining matches will go just as they should which means all wins for the bettor.