I am not sure if this is really the case, both smaller and larger teams rely on supporters to watch their games live. But I would expect that smaller teams get a larger percentage from their earnings directly from the supporters, whereas larger teams can also rely on sponsorship deals to cover their expenses. The biggest companies have the most lucrative sponsorship deals and most of them were not cancelled during covid pandemic as the games were shown on TV. That is why the big clubs should still have all their money to keep running the most successful teams. Also the big tournaments didn't seem to have changed much during covid. The Champions League final 2021 was Man City vs Chelsea and this years final was Liverpool vs Real Madrid, so the same teams as usual still competing at the top. I felt like the first season during covid football lost a lot of it's charm without any fans actually watching the game. Seeing a whole stadium completely empty was a bit depressing for me, the flags and fans shouting makes up most of the football atmosphere.

Looks like the media is trying to make up stories again to attract more readers. The more flashy and negative a headline is the more people will open that story, it's all about generating clicks to get ad revenues. Bitcoin is obviously not dead with a price around 20k USD, why would any reader believe otherwise? There are a lot of buyers in the market again that bought between the 17-20k USD levels for the price to stabilise and rebound. If bitcoins were really dead than there would be no more buyers and the price would be below 1$. Even if the price drops to below 1,000 USD then the market is not dead. I am sure the lower the price will drop the more buyers will come back to the market. Also it is not like all the other asset classes are doing so well either, the stock market is hurting too and nobody is calling the stock market dead. The world is afraid of a recession because of high inflation and the we see even the biggest stocks down 20-30% this year.

Making sure that our kids have good friends and don't spend time with sketchy people is important, but parents can't control everything in the life of their kids. Eventually they are going to leave the house and make decision on their own. Already in high school children will be more independent and might even have rebellious phase where they won't accept anything from their parents. In my opinion it's best to try and make them understand why there are age restrictions on things like gambling or alcohol. Teaching critical thinking and some scepticism can help in later parts of life too. My parents are totally against gambling and never taught me anything about it. I will do the opposite and be very open about gambling with my kids when they are old enough.

That's the best approach you can do when it comes to trading, split your orders in smaller sizes and trade over a longer period of time. Nobody knows exactly when we will reach the bottom, it's predictions and only time will tell if we were right or wrong. Similar to your approach I have been buying bitcoins for the last two months now. Buying every 4 weeks seems like a good interval to take advantage of the dip abs get a good average price. Your 2 orders are fine if the price will drop further. But what if the worst is already behind us and prices are recovering? Than you will have missed out on investing 50% if your money.

I agree with you having the opportunity to access casinos online all around the world within seconds makes it very hard to get out of the reach. A relocation could only help if you are addicted to gambling in physical casinos and never use online casinos. There are other ways to help addicts in their way towards recovery. The best thing in my opinion is to not live alone and make sure they share an house with other people who are struggling and get some form of supervision. Limited internet access that blocks casinos could be one tool to try and limit the online pressure from casinos, but there is always the possibility to use the cell phone network to get around any ban. Another good tool that the parents or friends should do is control the personal finances of someone who is struggling with gambling addiction. If a person has only access to small allowances it makes it much harder to use the money for gambling only.

Nassim Taleb being negative as always. I liked his books and read them all, he gives a good perspective about risk and that humans tend to underestimate the risks of big negative events (tail risk). The problem is what negative effects are there if you invest some of your money in crypto currencies? Sure you could lose some money, but so you can when investing in stocks or commodities. He doesn't know with 100% certainty that cryptos are going to fail and he also doesn't give us an alternative that is going to make us money with certainty in an high inflation environment. Right now there is no correlation between rising inflation and a rising bitcoin price. But for someone who bought bitcoins 5 or 10 years ago it was a pretty good hedge against inflation. I think it's wrong to only look at the recent bitcoin price movement and only use it to for your analysis.

Yeah that happens regularly to me when I gamble. Usually I have fixed budgets per week that I give myself to gamble with and when I lose my budget than I have to stop playing for that week. So it's kind of my budget is my weekly loss threshold, whereas winnings I try to take out of the budget and save it for the next weeks. Maybe my threshold is set too low, but I hit it quite regularly. For example, two weeks ago I was playing poker and had AA, so I went all in and lost all. After rebuying and a few hands later I had a flush and went all in and lost it all again because someone else had a higher flush. Then I played a few hands roulette trying to recover and lost again. In less than two hours I reached my loss threshold for the week and had to stop gambling. In the past when I don't give myself a fixed budget for gambling I tend to gamble too much and my losses become higher. With the fixed budget my winnings are smaller but so are also my losses, it's the best approach for me to enjoy gambling long term without losing too much.

I understand that it is more rewarding to earn money you actually worked for and you deserve it. If we have a job that helps society we should be more happy that we do good in the world. But how are you justifying that there are so many rich people out there who aren't working for their money? Why is it fair that some people are born into rich families and never have to work in their life, is that really "good money" they have? I think not, the world seems unfair to me. Or does winning in the lottery really count as "good money", money that you deserve? In the end we just got lucky that we had the right numbers. Why is it deserved for us and not our neighbour who has a sick child? It's a philosophical question that is hard to answer.

Yeah pretty impressive game by MOUZ last weekend, I didn't expect them to look so good. The first two maps where still pretty equal but in the third map they crushed NiP. As for this weekend games it will be some nice matches coming up. MOUZ has now to play against Astralis which will be a close game, I expect to Astralis to get through but it could go either way, I am not betting on that match. In the end it doesn't matter much because the winner will face NaVi and I don't think that either of them has a real chance to beat NaVi in a bo3 match. Team Liquid vs Movistar Riders is another close match that could go either way, also not betting on this one. The winner will then play against FaZe in the semi finals which is going to be a win for Faze for sure. So both FaZe and NaVi are going to win the semis and will play in the finals against each other. So far FaZe didn't lose a single map, they are on fire again. I will go with FaZe to win IEM Cologne 2022.

I agree that using VPNs for large sums of money when gambling is very risky. If the casinos find it out (what they mostly likely will if you gamble there long enough) then all your money and winnings are lost. For me the risk is too high and I would rather use a casino that is allowed in my country than a VPN. The digital ID could be a way to get rid of the KYC processes many casinos require us to do and standardize the registration at casinos. When it comes to showing a digital ID to a casino to verify yourself it sounds like a good idea that can prevent misuse in the future. This would also take some of the negative press out of gambling that it is being used to launder money by some criminals. The big problem with digital IDs is how the data is being stored and who can access it. I think that most gamblers are affraid of identify theft when it comes to sharing all the personal information online.

Short term it will be hard to fix all the issues, because it takes time to build up factories, get the operations running and train the employees. It's still a good idea to shift the production more locally again in my opinion. The covid pandemic showed us how vulnerable the global economy is to disruptions in the supply chain. Together with the increase in protectionism this year and the sanctions against Russia it becomes important for the biggest economies to be more self sustainable in their production processes. Rely on a country which is political not stable or engages in a war needs to be avoided going forward. I don't think China is ready yet to rely on it's own economy for growth and not western trade partners. That is probably also why China is not more aggressive towards Taiwan yet. A fragile world economy is creating more problems long term for emerging markets that are dependent on the trade with industrial nations.

I only bought a small amount of Bitcoins in May above 30,000 USD and even though the value is much lower now I don't feel bad about it. For me bitcoins are a long term investment and I try to be less worried about short term price fluctuations. My problem is that I don't have much spare money this year to invest. So there is not really any opportunity to buy the dip anyway. Every month I try to buy atleast a small amount bitcoin, at the end of June I bought close to 19,000 USD. Nobody knows when the bear market will be over, but if we think long term it shouldn't affect us that much. Once bitcoin reaches a new ATH it's not so important at what level did we buy.

Crazy pictures coming out of Sri Lanka the last few days. The president left the country, there is a video where the presidential staff is running with suitcases towards a boat. Looks like they abandoned the country very quickly and didn't prepare for it. After storming the presidential Palace the protestors dug up a lot of money which was legt behind. It's good that people take back the power. In 2022 there should be no more dictators or people in power that take advantage of the poor people. The question is now if Sri Lanka can use this revelution to fix the country. The biggest problem is the weak economcy which depends heavily on tourism. And as long as the country is political unstable there won't be many tourist come to visit.

How can you lose so much money in slot machines? He must have spent so many hours playing slots to get to such a loss. The return-to-player ratio of slot machines is between 95-98%. That means he must gambled over the time worth 180,000 USD to achieve 5% losses worth 9,000 USD. That is some insane numbers. Every time I gamble I play it's only for a few bucks, so when I win or lose its a few dollars. I have never heard of the android games Higgis Domino, is it a casino? To be honest with such kind of large numbers it sounds more like he got scammed than played legit slot games. He should check where he lost all that money and verify it were legit games in a real casino. Otherwise he can go to the police and might be able to get some of his money back. Of course the biggest mistake is to take out loans and gamble with it.

For long term crypto investors the bitcoin price doesn't really matter so much, they know there is a long term trend and that the bitcoin price is eventually going to recover. It is mostly the day traders who are worrying about the price and are afraid to lose their money. The purpose of bitcoins is to have a decentralised currency that can be used all around the world. The price is still important if we actually want to buy something with our coins. Sure I can send BTC around the world at low fees and shouldn't worry about the price quoted in Fiat, but if I want to buy some goods like a new cell phone or laptop I need to consider the prices in the country I want to buy in. If bitcoin was worth only $1 like a stable coin that many people would complain because they bought bitcoins at much higher levels. What we need is more stability in the price levels, not a cheap bitcoin price.

Welcome to the forum, always nice to see a new poker player here. From your posts here it sounds like you are just looking to resell poker material that wasn't actually created by you. It would be nice if you give more information here about what kind of material you are selling. Adding the information to your initial thread will save you also a lot of time answering emails. The internet is already full with poker material, are you selling videos course material from big schools? There are quite a few poker schools out there who offer coaching sessions with the world's top poker players. For such kind of courses you have to pay thousands of dollars, would be nice to get it cheaper. But I am not sure if it's legal to resell it. Personally I learn better with a teacher than just to read books, that is why coaching sessions would be much more attractive, if they are cheap.

Investing is important for a country to advance and not stand still. It's very similar to a company that needs to invest in itself to not become obsolete. There are different forms of investing that will bring different outcomes. A country can invest in it's infrastructure to make it more competitive international. For example, having good Internet access is a must today. Without it there is almost no chance of running a business, same goes for security. Another form of investing is into knowledge, having better schools and universities makes sure that the population will be more intelligent in the long run. If a country doesn't invest into education than it will be hard to replace the workforce when older employees go in retirement. Also innovation requires investing.

That's a difficult question, if bitcoin would stop to exist today than probably ETH will take its place as the new leading crypto currency. The crypto boom has already happened and there is no way people would go back to a world before cryptos. The demand is still strong for an independent currency that is not influenced by central banks.
Things would be a little different if there was a time machine to go back in the past and prevent bitcoins from ever being created. Without bitcoins we would not have the crypto boom and it would need someone else to invent crypto currencies. Who knows when this would happen, it could be in 20 years after the next big financial crisis. It took so many years and a lot of work for bitcoins to become mainstream that the success  would not be guaranteed if we had to start from scratch.

First time I am hearing about that trend. Sounds a bit crazy for my own personal taste. Isn't the display too small on a smart watch to really gamble? I have some friends who really like to gamble on their cell phone, for me it doesn't work. Even with the big displays today I am not comfortable to play for money on it. The optimal setup for me is on the couch with my tablet or on my desktop PC. It's probably because I like to do things on the side while gambling.



The biggest new trend I noticed this year is virtual reality setups. Many casinos are adding now the VR technology as new experience for customers. The article already mentions it. Another trend which I did see in the article is that leader boards become more common. Casinos seem to enjoy showing the top gamblers each week and month. It's a nice feature to see how much other gamblers are winning, even if it makes me a little jealous.

Yes trading can be profitable as long as you are good at it or being lucky many times. If you are unexperienced and think it's an easy way to get rich, the chances are very high you are going to lose money. Since you have no background in reading I will try to simplify things a bit. Think of traders in the market as a zero sum game, for one person to make money someone has to lose money. So on average you would have 50% of the traders making money, and 50% losing money. It's a bit more complex than that because there are fees and transactions cost to consider. As a very good trader you can make a lot of money. How much experience has your brother in trading? If he did it a few years successfully he might be able to do it for a living, but without any experience I think it will be hard to cover all his living cost. Also does your brother has a decent bankroll to start with? Starting from zero can take some time to build up an portfolio.