This Filipina did not even expect she won the grand prize on lottery instead she thought of winning just consolation prizes. Lucky for her she had that financial stability for 25 years as $6,670+ a month here in the Philippines is pretty huge. https://www.gmanetwork.com/news/pinoyabroad/content/882861/pinay-wins-over-p387-000-a-month-for-25-years-in-emirates-draw/story/I am not lucky in lottery or any gambling casinos but way back in 2017 the only luck I encountered was I gambled with the risk of joining bounty hunting on this forum and it is worth it. How about you guys, are you having a good fortune on your gambling career? Do you ever think of quitting after you won a jackpot? That's a lot, at least in the PH itself. Might be different in the country she's staying at right now but I reckon it's still more than enough. This kind of luck never really comes to any person, most people would consider a payout of idk, 10, 15x to be lucky enough already. Well, there might be dreamers who expect to win big, but heck, stories like this are rare as hell. They only look like they're happening often but it's because the media portrays wins, not losses. I'd 100% quit if I ever hit it big, probably temporarily though. I'd probably setup the money first so that I can live with ease, maybe even leaving a bit of money for my family and their kids later on. I'd definitely gamble after that, unless I learn golf. |
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Centralization:
Pros: Potential for faster transaction throughput, a focal point of control and regulation, easier to implement changes and updates.
Cons: Risk of a single point of failure, susceptibility to censorship, a tendency towards monopolization.
Hold up there, I don't think "easier to implement changes and updates " is a pro. In the first place, changing a process means there's something wrong with it and/or a 3rd party intervention is necessary. This shouldn't necessarily be needed since it leaves room for access in a process that shouldn't be changed in the first place. If there's a change that needs to be made, it shouldn't be "easy", at least imo. Well I guess if it was a pretty shitty system then implementing changes easily can be a pro, but that just goes to show that it's, well, "shitty". |
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Which is more entertaining? playing games listening to music or without music just sound of the games like roulette ball bouncing on the metal wheel or playing games in silence?
While listening to music its hard to control our emotions while losing and we are not able to concentrate on game. it is highly likely that we blow our account by betting high.
but it is more entertaining while listening music on low volume and playing games.
It's usually with music or with the natural bgm of the game (if it has one). I rarely do anything without music, even if what I was doing was just playing. If it had an in-game music that I don't mind then why not, but if it doesn't have one, I usually just start up my playlist. I call bs on "controlling emotions while listening to music" unless you have proof (other than yourself ofc). There's also the idea of "concentrating", jesus christ I don't think you need any concentration when clicking a button for a dice game. Maybe if it was poker/blackjack, but they're relatively simple games still. I must say I pity your concentration if you can't manage thinking while having bgm in simple instances like this. |
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Uhm, what now? Digital property of what technically and what is it used for? If this was just legit "digital" and that's about it, man then this is just NFT alright. Heck the price bumps might just be the devs themselves buying their "property" so that they can boost the price up, which is what happens to most projects anyway. It probably wouldn't be far off till we see digital names being sold (jesus christ). Happens in games all the time but crypto devs are just a step bit too late most of the time with all their "innovative" ideas.
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While I believe in the saying that "Money reveals Evil" I don't think the guy who's been hiding from his friends are in the wrong here. And I'm not just saying this for the sake of being the devil's advocate or whatever the fuck.
First off, let's set things straight, he won a lot of money, did he win it because of his friends? Did they win it through the power of friendship or whatever the fuck? I don't think so. From that alone you would understand that the winner is in no way liable to give anything to his friends, he's not indebted to them monetarily or whatever, and if he would be generous to give his friends something back, it's all from good will and not because he owes his friends something. You people act like people owe you for your existence or presence when everything's just a matter of circumstance. Everyone who's saying the winner's on the wrong here should get off their high horses cause most likely, if you were in his shoes you'd probably do something even worse lol.
100% agree with ideas like this. Heck, even if they did somehow influence him say, by telling him to bet on this or on that with this amount and he managed to win big because of that, it does not give them any right to want to take a part of the winnings. If he ever did say treat them to food or something, then as you've said, good will. If not, well, I see no need to judge him, man might have some problems to pay so the winnings were basically gone the moment he got them. Selfishness isn't wrong imo, especially in this dog shit economy. I'd avoid all matters of money-related issues as well if possible and just save up as much as I can if I could. |
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Do you think this is a good idea? Do you have a better idea?
Lets have it!
Oh, I thought this was for winning, turns out it was just using the money you used to win. Sounds unreasonable since I don't think this is pretty good if you wanted to spend money instead of gambling since, well, you can just gather the money you're supposed to use in gambling and instead use that for whatever you were going to spend it in the first place. Having that middle process of "gambling" isn't really going to help, it'd only damage yourself imo. Maybe if the item was like idk, a 1000x or 10000x higher, or simply unattainable with your current monthly income, then really, just maybe. But then again, you'd be hard-pressed to win in the first place since this approach is only considering a single win, so the odds are pretty low for you. Might as well just earn and idk, invest in something to get passive income, slowly and steadily increasing your monthly income. And this only considers that you "win". Who knows how much you actually lose in a regular session really. |
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Good day crypto Famz, I will like to ask gamblers this question, is there any gamblers on here that keeps record of their wins and losses? Do you keep a record of all the pennies you use to gamble and also the result?
Someone whom we both have this discuss yesterday said this is a good practice, I still don't see a reason why because I don't keep record of my losses, I tend to only remember when I win a certain amount, if its good enough you won't easily forget, but apart from this I don't care.
So Famz, is there any benefits when one keeps record on their losses and wins? Is there any thing to gain when you write down all the money you spent in gambling and also how much you have made so far?
Not keeping records, does this make me a bad gambler?
Are you the damn account keeper of the casino? No? Then I don't think it matters. You don't exactly see the majority of people recording a note for how much time it took to finish a game right? Same idea here. It doesn't matter, in general anyway. If you know someone who does this, it may just be their character to note down their wins/losses, they probably do the same or something similar to other activities really. Besides, in most cases, a rough idea of what you've gained and lost is more than enough imo. That's what most talks about gambling ends up with anyway. I reckon you don't need to describe to them how much you won/lost per game lmao. |
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Afaik wasn't the issue with Galxe a socially engineered hack? What's to say the same couldn't happen to other companies? It isn't anything new to say that there is no perfect security out there, all systems can inevitably be breached so why not just use a damn hardware wallet if you really wanted security. It secures both your privacy and security in most cases unless you got robbed of both of your keys and your wallet though. In choosing amongst those exchanges that can inevitably be hacked though, it's kind of hard to determine which is safer than the other but I'd just go for the most reputable for the majority of my transactions. As for trying out new stuff, well, it'd only stay on the "trying part" until further notice. |
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I met a friend who used about $1 to play gamble to win about $2500 in a game of different matches, all the early games went well but the last game cut which made him loose the game. This lose made him to be sick for 3 days, the reason for his reaction was not because of the money he used to bet but he felt so bad because he has already put all his hope on the money he would have won.
People needs not to put all their hope in games they are not sure of winning, because relying on it can be very dangerous to the mental health. Play gamble and remove your mind from the money that will be gained till it is achieved.
It's not really gambling per se, it's more like that roller coaster ride of emotions. How old is your friend? It should be more apparent the older you are, it's not an exaggeration when you see shows of people having heart attacks or something similar when they're agitated or not. I reckon it happened to your friend since it was a pretty long-ish session, considering he started from $1 to $2.5k. Though I guess it also depends on your constitution. Doesn't negate the fact that you should expect wins all the time though. The act itself was okay imo, I mean I'd be down to play more if I got lucky to make a $1 to 2.5k, and even if I lost, I would've technically lost nothing. |
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Might as well have asked for a loan really. Tbf I wouldn't even give a loan in general, let alone in gambling or even in crypto trading. If it was an investment into business then maybe. Skill can also be invested on but honestly kind of risky compared to regular businesses where breaking even is at least close to guaranteed (if you go for a famous niche). I'd say I wouldn't do it. Just imagine the scenario in regular case where you give a loan to somebody and its a bloody pain to even get it back at the payment date. That's a regular loan. Now imagine this one where the person themselves is hiding in the name of "I haven't won yet so just wait", much harder to get the money back imo. Might even ask for more really since the word used was "finance them". You're not wrong, you don't even need knowledge about gambling, just a bit of common sense is all you need. |
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Okay if it was poker, slots, dice, etc you can choose any amount of games imo, as they're relatively simple and easy to learn, considering they're mostly based on luck. Even the tricks involved are easy to understand (though they're hard/rare to put into practice tbh). It's game in the first place, the variety can almost be considered as "mini-games" instead so it should be fine imo. It's a strategy to have fun, not a strategy to win/lose. Now if it was sports gambling, then I agree 100%. It isn't that easy to understand the game itself, not to mention the teams, players, and even coaches and strategies involved. This, on the other hand, relies more on your insight than luck. It's much more probable for a person to have a 100% win rate in sports gambling than in gambling itself after all. |
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As the gambling industry is evolving, I think innovations would have kicked in that can make someone create a career from gambling. I do not know how this can be achieved but I feel it is possible.
Making gambling a full time job might be seen as risky but I still feel one can make gambling full time job and a career.
What do you all think?
While there are professional gamblers out there, I don't think they'd consider gambling as a full-time job. It's a career, but it's rather similar to how professional eSports players work. They don't necessarily rely only on the game itself, rather they use other methods to earn money, in most cases streaming. Now it's understandable for eSports players to do that, gamblers though? I don't think they'd have that much audience for gambling. I don't think even sponsorships could cut it. So yea, while it can be a career, I don't think it's something you do in a daily basis or rely on it full-time for your money. You can compete professionally, but that's about it I think. |
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Gambling is a place to spend money, although many gamblers consider casinos to be a place to earn money. But in reality, more gamblers lose their money at casinos or gambling sites. So I think all of us here probably have almost the same experience, namely losing a lot of money gambling
I also lost money because I lost on gambling, but maybe not that much. But I know there are people who spend a lot of money for gambling. In your opinion, what should we do if we have lost a lot of money on gambling? Do we keep gambling to win so we can cover up previous losses? or stop and work normally and leave gambling? Or do you have other suggestions?
Just... use your common sense? Play if you want (and if you have money) and don't if you don't have those? Jesus christ gambling isn't a "necessity". This is regardless of whether you've lost a lot of money or not. You don't "cover" anything here. Sure it's entertainment like most games, but unlike say RPGs, you don't just retry because you want to finish the game, they're inherently different types, gambling has no end so trying to achieve this nonsensical goal of "recovering losses" is just a made up thing addicts want so that they can keep on playing. If you want to play, just play. Honestly that sounds a lot more healthy and probably would make it a lot easier to realize that you should only gamble whenever you can. |
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While I do agree with having a license naturally being better (since they're easily obtained in the first place), I don't think they differ that much? The chances are said odds aren't even set by the bookies themselves, they probably hired providers to use for. In a sense, they probably wouldn't try to do this since it's earning money but losing players in the short run. Bookies tend to have a business model for the long run instead. It's why you always see most people say that the house always wins in the end, same thing with bookies afaik. And tbf, having a license is better than nothing. |
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The same thing could be said with trading though. It's not really a gamble per se, but you can gamble on what to invest and still possibly hit it big. It's all a matter of how you understand and do it imo. Not realizing that gambling is an entertainment activity is the problem, not gambling itself. Its just like we do with video games where we sometimes spend money for in-app purchases just to boost our gaming experience, we pay for this in-app purchases without expecting to gain any monetary value in return, that is same way we are supposed to treat gambling, but unfortunately, several of us, out of greed for money, end up taking gambling as a source of income there by getting addicted to it.
100% agree. This ideology was something I've always remembered whenever someone complains that gambling is wrong or something. No, it's not, and if it actually is, then literally every single thing that we pay for to entertain ourselves would then be wrong. Gambling os to have fun, to entertain, this is regardless of you have the possibility of hitting it big or not. I mean you're not a genius, so the idea that you can hit it big in gambling surely wasn't an idea that originated from you, hundreds of thousands probably had the same idea and do you hear those thousands in the news about hitting it big? Probably not. |
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_ Not planing there trades: there is a popular saying that he who fail too plan, plan to fail.
Before entering a trade, an entry point and exit point must be spotted if you want to succeed.
Eyyy this was me. Looking back, my entry points were when the market was at its peak, exit points were when my investment returned negative. Guess panic was just that influential to me because then. Well I guess I was hit with FOMO back then. The only thing I knew was Bitcoin was something big, and that the price of it at that point was incomparable to the ATH so it can only go up. Some people are just trying to follow the shortcut which causes financial damage through their poor trading skills. All these paid singular groups usually emerge in the bull market when most of the projects start rallying following bitcoin. You won't find any of these groups in the bear market because their predictions are based on their emotions.
Some people think trading is all about technical and fundamental knowledge about the market which prevents them from recognizing the importance of other factors like new events, development, politics etc. They got easily attracted to some flashy ads on social media and some self-proclaimed YouTubers.
I have to agree. Well ads are like that to attract people so I guess if people get attracted then they're pretty successful, sadly their pretty borderline scams at that point imo. While some groups are helpful in trying to provide information you can use, some groups just use empty words, almost close to how some religious group works where they just say complicated sounding but empty concepts. |
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Eyy a gambler who haves fun, cheers! I reckon the tips related to picking odds shouldn't matter that much if you want to have fun, I'm more into trying to run my own research and depending on it rather than the odds themselves. If you're calculating wins and losses before you even get them it can get quite stressful and while it isn't wrong or anything, just not my way of playing the game I suppose. Well except for parlay. It just goes hard when you hit that big win on a random bet you suddenly wanted to try lmao. Also isn't this better on Gambling Discussion instead? |
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It's mostly rake, isn't it? I haven't experienced an hourly charge (well at least in the past before) so it's a rather new thing for me. I reckon they'd profit off of it more plus players can much more easily leave the game whenever they want without wasting any money in scenarios where fees are charged by the hour. The question you are trying to ask in this discussion is quite interesting. Basically a casino is a place of entertainment, but thanks to the question you asked, it seems like this can change my thinking that a casino is a business that needs to make money from its customers to be able to make a profit.
And if we talk about the profits obtained by the casino as a provider of gambling facilities, it is quite large and this is also comparable to the taxes that must be paid so that the casino's operating license can continue. However, if you look at the type of poker game, the profits obtained by the casino are not that big compared to other types of games. Because the profit they get from the game is only from renting tables, exchanging chips and from a tournament if the casino organizes it to keep it full of visitors.
But they are a business? A business where entertainment is being offered so naturally they have some sort of form or method to earn profit. House Edge is the number one example of that. In addition, it's more of a quantity thing rather than a quality thing. They offer their services to a huge number of users instead to a small amount of rich users so even if you consider how one single game, in this instance poker, only generates a small amount, in the entire day it can be rather substantial if we assume that it's always filled with players. |
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Most likely. A lot of people who aren't tech-knowledgeable probably haven't even heard of crypto, let alone know about it. Regulation would help on that since the government is basically creating some laws and regulations that create a fallback for people who don't know jack about it, making it less likely to fall to a scam plus normalizing a process through a regulated exchange that the government has publicly accepted or something similar. In the first place, a lot of people who are into crypto are investors, so they do research about what it is and how to use it. You can't exactly expect other people to do the same when they just want to use a currency, especially in this case where fiat exists and is accepted by all. |
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This lies on the "IF" idea that crypto would dominate the world. And even if it did, it doesn't take into account that there's a huge gap in time between the now and the then instance of this happening. All of the factors OP said pretty much involve ignorance of what crypto is. Said gap in time is more than enough imo for people to learn crypto if the world was actually swerving towards to using it for the majority of transactions. If it was idk, late 19s or something then it might be hard, but even now you'd be hard-pressed to find someone who would have a hard time learning the basics of something they want if they needed to, but now? The internet itself helps a lot already, imagine what other types of helpful tools can be developed by the time that crypto is deemed as necessary, if ever. |
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