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Economy / Gambling discussion / Re: Is gambling all about luck?
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on: September 25, 2023, 06:07:31 AM
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Yes, except for sports bet which is also considered as gambling. Most games that used RNG, provably fair are obviously luck based, but sports betting it requires at least some knowledge for you to win not just betting on any team or players.
Yes because in sports book you need a little knowledge as well , pure luck will not be so effective because it is a kind of match that will run in hrs and there's a strategy and team that are playin that is why sports betting is my favorite because I am not lucky enough to win in most of the gambling games and I want to challenge myself on how will I choose the team that I will put my bet with.
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3
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Economy / Economics / Re: Small Scale Business Ideas
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on: September 24, 2023, 06:26:50 PM
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These are not very new business ideas, although these business models do not require too much capital, being successful with them is not easy. with these long-standing business models, we will also encounter fierce competition from other stores. so, whether the business is small, medium or large, it all depends on the area you live in and people's need for it. you can't open a car wash if there are already too many people in your area doing that service.
Small business ideas are not as simple as many people think, everything has competition and demand, so it is necessary to evaluate depending on the area to come up with a suitable idea.
But offering services could be a great idea and best idea to do with low capital if you want to fuel your business , offering services is quiet good you don't need to release or spend money you just need to be consistent and do your job properly to earn money and by that time you can get a savings and you can start creating business, along the way offering your services you can get ideas on how to possible work for your plans.
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4
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Economy / Gambling discussion / Re: Has your Responsible Gambling had any of these Effects on You?
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on: September 24, 2023, 05:21:40 PM
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That is a very good point that you have said. Not many know this but its true that we shouldn't have just one source of pleasure. I got to understand this point few days back when I was watching one of the motivational videos on youtube. They said that if we depend on one source for pleasure then our life becomes dependent on it and when we don't have it we become very sad or go to depression. This holds true in gambling as well. If there's no other source of pleasure then we don't have money for gambling then our life becomes hell. But if there are other sources of pleasure then we can rely on it and not being able to gamble doesn't bothers us much.
Yes I agree, if we will not focus too much on gambling and give way to other things then it will less likely for us to be addicted and I think it is better that we have other pleasure or habits that we can do when we are bored so that when we don't have enough money to gamble still we get happy in other things, we just need to accept that gambling is not the only thing that give us happiness and money.
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5
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Economy / Gambling discussion / Re: Casino features you like and Don't like but you don't mind
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on: September 24, 2023, 04:33:52 PM
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So you have been a gambler for at least 1year. Before Covid, you were a regular at the physical casino in your locality. You gambled with fiat. But when Covid hit, you discovered online casinos. You didn't need to gamble with fiat anymore but with cryptocurrencies. You tried out many online casinos but finally settled for one or two. There's no perfect casinos but you have stuck with this one occasionally trying out new casinos as advertised on the forum or out there but you still return to your favorite casinos. What are the features in your favorite casinos that you like that makes you keep going back and what are the features that you don't like at your favorite casino but you overlook them and still play there?
I don't like the transfer fee or withdrawal fee but then I need to get used to it, I am dealing transactions in crypto so I need to used to it that in every sell or buy I need to pay fee, one more thing I don't like is that KYC is implemented though I understand the reason why but I am always doubtful to it that my identity might be stolen but I don't have a choice I need to abide to it.
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6
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Economy / Economics / Re: You can't meet all your needs/desires at once, even if you spend all your salary
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on: September 23, 2023, 08:55:49 PM
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Most people would let their desires win due to comparison to the other people, cause if they are contented of what they had, for sure they could save money with taking loans and withdraw savings just to buy unnecessary things that can't help for your own convenience. Focusing in investment rather than comparing would build up the mindset of "in the future or sooner I would also afford that" which is actually good cause for that term you could be financially stable to buy things you want.
I agree with this. When a person has a lot of money, he becomes a slave of money. He starts buying up apartments, cars, jewelry like crazy. But he doesn't have time to use even a small percentage of it. He just needs it very much to make dust in the eyes of others. Some of the things that you have said is good, when you have money you will buy some for investment. It is just not for the sake of your happiness but I believe it will be soon for investment. Some other people delayed their gratification just to have a savings and after they do it they will spend too much because this is the only time they rest and enjoy their money.
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7
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Bitcoin / Bitcoin Discussion / Re: I took a proposal to my State Governor to accept Bitcoin Technology
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on: September 23, 2023, 07:12:49 PM
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A child in Secondary school is more than qualified to have some information about bitcoins. It can really help them to make decisions earlier. If the state has a young governor who understands the benefits that the knowledge of bitcoins and cryptocurrency will have on the children of the state will not delay in accepting this proposal to have it introduced to secondary school students. I really like it. When I joined this forum, I was inspired to make promotional stickers for bitcoin, it helped a lot of people, this your initiative and plan will help a lot more people and a good thing is that it is from an early age.
I agree, if someone from government took this crypto and web3 as a good thing and will help his nation or local community into next level that could be great, people at young ages should learn it so that when they grew up they will not be easily scammed by people in this space . It is good and happy to see some politicians that are open to your ideas and will make it happen because the also believe on it.
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8
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Economy / Gambling discussion / Re: Experience for new and old gambler?
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on: September 23, 2023, 06:45:41 PM
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Do you think it is the same experience for a gambler who has practically experienced and been involved in gambling evolution since gambling was on the street side with personal belongings or money, to spaces and buildings for gambling with money, to gambling with money online, and now to gambling with cryptocurrency online with a gambler who has experienced a few or just one of the forms of gambling? whose addiction will be harder to break?
I think yes, maybe skills cannot be change but your behavior will affect what you are doing now what I mean is your practical experience in real life gambling can either help you or make you more frustrated when you try to gamble online so for me it has an effect but not too much coz it is pretty the same for me, the only difference is that I am more comfy in online gambling and I can play without distractions.
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9
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Economy / Gambling discussion / Re: Possible measures to stop online gambling addiction.
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on: September 23, 2023, 05:39:18 PM
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Almost all people are now addicted to online gambling so you cannot force someone to stop gambling if he is a big gambler. You need to have a lot of money to gamble frequently but you cannot become a gambler just by visiting the sites. On the other hand gambling sites will entice people to gamble by showing the lure of ads in various ways. However you can turn off all those ads you want from your device through the settings so you can do that if you like. Gambling is legal in some countries but why? Because their income is high and so they can spend their money anywhere there is no fault here but there is the profit of the government of that country. Good cause of correction Always keep yourself busy in some work.
Ads can be sometimes distracting as well and yes he can turn it off in his browser there's a lot of available extension out there and also he can use other browser like brave it has already a feature that blocks all ads and unnecessary things such as ads and spy tracker. It is hard to stop things that you already know and already have in your life and enjoy it but we should know when to stop things.
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Economy / Gambling discussion / Re: Can Gambling affect your relationship?
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on: September 23, 2023, 01:14:33 PM
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Indeed, it's just a proportional effect when you have an addiction. It will also influence your connection with your loved ones the same way.
Regarding addiction having a positive effect such as attaining wealth in the process, for me, yes it's still considered as an addiction, but in a healthy way. Although I wouldn't really call it as an addiction, rather a passion because they do it with ease and it has a good outcome for them. This is because they know how to control their betting and plays, not going overboard to becoming bankrupt just for the sake of chasing winnings, rather making an effort to earn more profit without sacrificing their current earnings. They are strategic and smart like that.
I can agree with, gambling influence you and the people around you so we need to manage it in order for us not to be addicted so hard . But for me if you say addiction it is to the extent that you are being too much addicted that will come to the point that you slowly getting annoyed easily and become so much frustrated because you want to earn more so you can play more.
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11
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Economy / Economics / Re: How to reduce the price of goods
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on: September 22, 2023, 09:48:06 PM
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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.
Actually it happens across the globe we have that too, we're having a global recession and inflation due to the past events happen in our world. What we are feeling right now is we are starting to have the after effects of that event government can slow down the price increase or somehow it can stabilize the price but not so much so we should know that having a job now is not so sufficient we need other streams.
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12
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Economy / Economics / Re: Small Scale Business Ideas
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on: September 22, 2023, 07:18:56 PM
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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
This comes from my real life experience. I join my friends in their plan to create a Digital Agency but we don't have capital to buy softwares and other things, what we do is we market ourselves it means we market our skills and that is the first capital that we used. By doing that everyone could have share in funding without really spending something , other thing is you can start getting clients and ask for upfront make sure that you have a contract and invoice ready.
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13
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Economy / Gambling discussion / Re: Betting significant amount
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on: September 22, 2023, 06:31:52 PM
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Are you doing this intense gambling experience by betting significant amount of your bankroll? This is insane but worth it if you are a thrill seeker for entertainment.
No, the maximum I already bet in a single shot was 9%-10% of my total bankroll. I fear to bet more than that and regret later. It must be really painful to lose a considerable portion of your bankroll because a wrong single bet. It would definitely impact my mood negatively for days until I could assimilate the situation better. Anyway, initial bets shouldn't exceed 0,1%-1% of your total bankroll. To reach an extreme like I did to bet 10% at once was due to facing a long loss streak and trying to recover what was already lost, in vain... 10% of our bankroll is still a good amount to get but for me 5% is okay, honestly in the world of gambling we must know that not all the Time we will win and most of our time is that we will loss but still a good decision and choose the amount of money we will bet. But once we will loss a quiet big then all we aiming for us to recover that loss so we decide to bet much bigger so if we will win our loss will came back. Correct, sometimes losing is more than winning. We should have a proper limitation to the amount of money we are about to spend so that we will not be out of our current budget and it will not be a problem for us since we will have a clear amount in our mind that when we are losing we will not add more money to play with it since it will be hard to stop when we don't have a limit.
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14
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Economy / Gambling discussion / Re: What Do You Of Think My Predictions On This Multi Bet Ticket ?
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on: September 22, 2023, 04:11:36 PM
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The risk with multiple bets selections us higher and i can assure you that one or two games on that ticket will destroy your remaining winning at the end, and if you have followed up a lot you will already realize what I am telling you. The best way to go with this kind of bet selection is if you are lucky for the few first games to win, you then will need to use the cash-out feature to take some gain from your winnings at the moment, but leaving the bet to run till 100% pause a high potential danger.
Yes it could give you ahmm some sort of rest assurance and it is also a good way to get some of your profit and will not put all of your profit in safe place. He should get little by little so that even he lose in that game and his capital will lose still he already get some profit and it is in the better place. Many people did not do this thing because they thought that by doing this it will only lessen their amount of earnings.
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15
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Economy / Gambling discussion / Re: [Warning] Don't share your casino account!
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on: September 22, 2023, 01:30:03 PM
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I recently received multiple PM on my Telegram account that offers profit sharing for placing bets on their behalf.
What is the procedure for this? Do you have to risk your own money, or will they send you money to bet on a certain game as per their instructions? I think it is a kind of partnership where the op and they would have a percentage sharing. That is the format of scam probably and I won't even try to run a partnership of any sort with someone I don't know. Another sign of smelling something wrong is to share the gambling account details with them. That smells like a dead rat  We should not entertain those messages that we received mostly in telegram because that is where most scam happen because they can easily block you after. Nowadays people are also advancing their tactics to scam people it is quiet sad they will keenly observe what accounts we are using , sometimes they will also use your details to scam others. Whether you are going to receieve or send money I think both are scams.
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16
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Economy / Economics / Re: Free Investment tips
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on: September 21, 2023, 07:17:38 PM
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Maintaining a good health ain't free and it may be costly now than ever before. I buy my own supplements on a monthly basis since I can't get the best nutrition from just regular cooked meals. You can make it cheaper with planting your own fruits and vegetables but it still comes at a cost.
All these free learnings you get from the internet are good for starters. You can be successful in your own way if you apply what you learned but you'll probably hit a plateau at some point. If you want to level up then you may have to pay someone that has achieved more success than you.
Yes , this is what I observed too. It is sad that we can buy fastfoods meal with lower price than healthy foods , here in us it is better to buy McDo because it is cheaper than cooked meals , I am kinda sad because before we can afford to cook our own food but then when your budget is tight you can't even afford these meals because the salary is low but the cost of living in your own country is high.
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17
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Economy / Economics / Re: Early Retirement [Pros and Cons]
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on: September 21, 2023, 06:11:04 PM
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In the country I live in, it is a very difficult choice to retire early. I know a lot of old relatives and acquaintances who refused to retire early for fear of not having enough financial support to cater to their needs. Such a problem is even emphasized more now as food prices and utilities here skyrocketing. Hence, despite wanting to have the luxury of not working anymore and just spending time with family and to one's self or maybe even starting their own business that they've always dreamed of doing, a lot of working individuals here have no choice but to keep working and extend their contract. For them, it is hard to rely on their savings and whatever money they will get after retiring as it will not be a continuous source of income that will pay their bills until the end of their lifetime.
My grandmother retire in her job after she paid for the government agency that can give her monthly pension every month after 20years. People here in us needed to work with that span of time because as what you have said they are afraid that the government will not support them after if they did not have a proper amount of contribution. We are not relying to the government but the thing is our govt will automatically deduct those money if we dont want to.
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Economy / Gambling discussion / Re: What is the drive that makes women go into gambling?
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on: September 21, 2023, 04:41:16 PM
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Women who grew up in a place where people gamble and, in a family, where the other members have no problem with gambling may end up becoming gamblers. A woman who is easily influenced and enters a serious relationship with a man who is gambler can start trying out gambling out of influence, same can happen when a woman has friends who gamble. We are not easily influenced as most men are, but we can still be influenced and even become serious addicts. Women are not supposed to be addicted to gambling.
You got a point, based on what I have said before many of the women in our place has a parent who gambles as well and sometimes their friend influences them. Without influencing them they will not play because they are afraid to be judge by other people but if there's someone who will influence them I am sure they will have the confidence to play without worrying with their image.
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Economy / Gambling discussion / Re: Keeping your gambling habit a secret.
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on: September 21, 2023, 03:06:05 PM
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Maybe that's also the reason why I'm more secretive about my gambling to anyone, including sharing about my winnings, usually people who often win at gambling are very happy to share their stories on their social media while the people around them turn out to be good people towards them just to got a loan, in the end there was a dispute because he lent money to his friend and ended up fighting because of the debt.
I am a person who can never give debt to my friends because it makes me tired of having to collect it so I prefer to share with my friends without them borrowing money from me, so I am more closed when I win big from gambling, I can treat them eating big without knowing I won gambling. If I buy anything, it will never be a problem from my gambling winnings because I am a hard worker so people will assume that it is the result of my work, not winning gambling, but it would be strange for the unemployed to win gambling.
And sometimes the only reason why other people knew that they win the game because they brag it, if they will let others know their secret then expect that people will lend money once you won in a game, without giving them reason they will not know it and they will not lend some money. We can share other things to people and yet we can make it as a secret too.
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Economy / Gambling discussion / Re: How will you feel if it happens to you just like this?
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on: September 21, 2023, 02:04:35 PM
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People like those (me) who don't gamble for fun have this question to answer: how will you feel when you don't have money to stake a game that you predicted and better winning games you predicted played the way you predicted it and when you checked the winning was something that could have changed your life for ever if you didn't gambled again after such winning? This question can be very tough to answer, but believe me, many people won't stop thinking of that if it happened to them, so I want to know your opinion about how you would feel if it happened to you. If it happens to me, I can't stop thinking of it, but definitely one day I will stop thinking about it and see it as history or not yet, my time for big wins just like how it happened to me when I lost a bet that would have given me long-term smiles. There is no doubt that a person like that will go through a period of depression and they will regret for a long time, if not their entire lives, that they did not had the money necessary to make a bet that could have changed their life for the better. But make no mistake those feelings are completely irrational, as if a gambler does not have the money to put towards their hobby then they are the ones at fault this is the case, and with this in mind they have no rights at all to feel that way. Yeah I think we all feel that thing because we once acted like he does. There will be that time we will face it, but then we should learn and move on, we need to know that if we live in regret it will only give us anxiety and make us more into addiction and will make us frustrated so the tendency is we will might do all the things to get money by next time so that we will not pass the opportunity.
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