Latest posts of: Mauser

Quote from: Sinzu_ on August 15, 2023, 02:49:08 AM

The US Dollar (USD) and Bitcoin (BTC) are two separate but interconnected forces that have been reshaping the financial and economic landscape. These two organizations stand for opposing ideals—one rooted in conventional financial institutions, the other a forerunner of the digital age. The conflict between the dollar and Bitcoin has prompted discussions about the future of money, investing, and the role of technology in forming financial institutions as the global economy continues to change. My question is this, why does the value of BTC decrease when the value of the dollar rises?

The short answer is that because these two currencies are being traded against each other they tend to move in opposite directions. Many crypto investors who hold Bitcoins and want to take profits from their portfolio will switch back to Fiat money. We can see that alt coin investors tend to move into Bitcoins and Bitcoin investors move back to USD or Euro. For them to take profits, they sell their Bitcoins and want to have USD, so there is selling pressure on BTC and more demand for USD. The exact opposite happens when people want to buy Bitcoin and do this from their Fiat saving account. This is of course only a small effect, because the US Dollar is such a huge market with all the major countries in their world trading with it. There are a lot of more factors that go into the rise and fall of the Dollar. The long term trend for Bitcoin is upwards, we are going to see more price increases in the future. While on the other side the US government doesn't want a strong Dollar. A strong Dollar would make their exports more expensive and with their large spending and printing programs of the FED the value of the US Dollar should decrease over time.

Quote from: DVlog on August 09, 2023, 04:52:08 PM

I have been in crypto for more than 5 years and i have seen a lot of incidents within the industry. There was a time when government and even a lot of people call Bitcoin a scam or a scammer currency. Many thought that only hacker scammers use Bitcoin for money laundering, drug dealing etc. But now the situation has changed and it's good to see how institution chasing each other to not be late to join the industry. The situation is so intense that now what matter most is who will control the market. In the current situation, it seems, no one wants to be the last one to jump over space.

I don't think that any company or institution is really likely for a control of the bitcoin market. This could have happened in the past when the price for 1 BTC was still relatively cheap, but now around the 30,000 USD level it's way too expensive for any single entity to acquire large amounts of Bitcoin. I mean the whole concept of crypto currencies is that not one person is in charge and the system is decentralised. Having now one institution taking control over the largest crypto market would be devastating, if it would be even possible. As soon as word would get out that one institution is buying large amounts of BTC, the price would jump up quickly and the cost of buying more coins increases. Another question would be, who is willing to sell his precious bitcoin to someone that wants to control the market? I would rather keep my coins instead of giving them more power.

Quote from: kaimoure on August 09, 2023, 07:51:46 AM

Once you get used to it invest another $200 as a starting capital. Remember the first $200 funds you used for is for studying trading so expect to lose it all at first so stick to low leverage so you can utilized it and learn a lot from it.
Setup your target income per day for me I'm currently happy making $300 a day since it covers my daily life essentials and needs I'm living outside the US so the cost of living in my country is pretty cheap and $300 is a lot already.

Congratulations on being a successful day trader, this must have been a lot of work over the years to come this far. Making 300 USD from trading per day is a nice income, after taxes this is still probably 4-5,000 USD. When starting out with only 200 USD as starting capital we need to be more realistic about our return expectations. I don't think for a beginner it’s possible to get anywhere close to such kind of money. It's good to have successful trader share their stories here as many people are interested in the topic of day trading and would like to learn more. Maybe you could tell a bit more about your journey and how you slowly increased your trading capital? For your 300 USD return target you probably now have a lot of money already to cover any losses. Because prices are changing so quickly in the crypto market there is also a lot of risk involved.

Quote from: cafter on August 02, 2023, 05:03:26 AM

I noticed that when I start to play games like keno, limbo, dice, etc. First some bets don't hit and after wagering some percentage of my balance it starts to hit,
How it works? like when we wager we have more probability to hit win, anyone noticed this? Do you know how it works and what is the calculation behind it?, do server sends outcomes by checking our wager?

I don't think this very likely, it sounds like way too much work for the casino to design payouts for every gambler in relation to their balance. How often do you gamble and for how many hours? It sounds a bit to me as you try to interpret something into a very small sample size. Humans like to find patterns, even if they aren't there. For the casino I don't really see the need for fixing their games, every game already has a house edge that makes sure the casino is profitable in the long run. The casino would be more interested in increasing their customer numbers to increase profits, rather than fixing the games. Also what are the chances to keep such a huge scam a secret? Just one casino employee would be enough to blow the whistle on the whole industry and ruin all the casinos overnight.

Quote from: Zlantann on August 18, 2023, 08:17:53 AM

A family member reported to me that her eighteen years old son has started gambling. She is not worried that he is gaming but her problem is that he is a student that solely depends on her for everything he needs. Her fear is also that her son might start stealing from her if he has no access to the money he needs to gamble. My relative has even started suspecting that some money she feels was misplaced might have been stolen by her son.

I spoke to my nephew and he told me that he has never stolen from his mother to gamble. And he gambles with only his savings from his weekly stipend he receives from the family. And he won't gamble if he has no savings to do that. From my observation, he is a responsible gambler that is just enjoying the game and making a little money occasionally. The gambling age in my country is 18+, but his mother is insisting that he must stop. What will be your advice for this young boy?

Since your nephew is already 18 years old there isn't much his mother or the rest of your family can do. As long as it's legal for him to enjoy gambling then trying to stop him is going to be very hard. Many young people these days enjoy gambling without becoming addicted and starting to steal from friends and family. In my opinion it's a good sign that he is so open about his new interest in gambling, I would be more concerned if he starts lying about his new habit. As for his mother I can understand that she is concerned and would like for him to stop, unfortunately he is 18 and can make his own decision. If she is his only source of income at the moment while in university, then she can say that he shouldn't use his money for gambling. Or lower his monthly allowance if he has too much spare money available for gambling. How about finding a compromise instead? Your nephew could look for a small student job where he earns some money part time and then it doesn't feel like his mother would give him money for gambling.

The last two days of the Gamers8 tournament are here and it should be three more exciting games to watch. So far there weren't many surprises this tournaments, all the top 4 CSGO teams in the world managed to reach the semi finals. GamerLegion managed to take one map of Heroic which was pretty impressive, but it wasn't even close on the other two maps. The first match of the semi finals today is going to be Heroic vs ENCE, where Heroic is still the favourite. However, ENCE managed to beat Heroic at the start of the month at IEM Cologne. I think it's going to be very close and the match could go either way, that is why I will only place a small bet on Heroic and focus more on the final. The second match today is going to be Vitality vs G2, another very close match. Like with Heroic, Vitality lost to G2 in the IEM Cologne 2 weeks ago. The match could go either way, but I think that Vitality has a small edge and will reach the finals tomorrow. In case both Vitality and Heroic win today, I going with Vitality to win the tournament.

Quote from: Compromise me on August 12, 2023, 04:07:30 PM

We can invest in property, if we have knowledge about real estate market. We can perform low bowling strategy by visiting 100 properties which are on sale. We can filter 10 properties of of ten, then we can filter 3 out of ten and offer 70 percent price as comparison to real price, then we can choose best from last three properties. We can see which person and buy property from that. Rental properties are best options because these give fare after every month. We can also take advance from lessee. After 5 to 8 years, retal property value will be double. In this way, we can in rental properties safely.

Not sure where you are getting your numbers from, but a 100% increase in property values in 5 to 8 years is not a normal market condition and not sustainable over a long period of time. Who could actually afford to pay such high prices to buy the property from your hands? It's true that over the last 15 years property prices increased a lot and with the high inflation in the last 2 years the prices are even more increasing, but we are also seeing a sharp decline in actual transactions happening in the real estate market. So, while the prices are rising the number of people who can buy properties decreases rapidly. Income for most employees rise maybe 5-10% at most over several years, in no way this is going to keep up with the real estate prices. Don't get me wrong, buying a property and renting it out is a great way generate reliable income over a long period of time. And with the monthly rental payments it's also a good tool to use leverage to buy more expensive properties. The only problem is that we shouldn't rely on large price increases in the future, because there is no guarantee this is actually going to happen. In case the world economy would fall into recession next year than the property prices are going to fall quickly. For all the people that factored in a large price increase to pay off their mortgages, they might be in big trouble and could be forced to sell in the next refinancing.

That's another great example why we shouldn't listen to what so called "experts" predict in the future to happen. Most of the predictions I heard in the past never actually happened or where completely different in the magnitude they should have occurred. In politics this phenomenon is quite common, predictions for future growth is usually overstated, giving the politicians more freedom to spend money today. In financial services I saw the same that the predictions of future earnings are usually too optimistic because the analyst are getting benefits from the companies they cover. We should learn from that, bitcoin is not going to die even if another 500 experts say so. As long as there are investors and consumers that use bitcoin in their everyday life's nothing is going to change. It's fine if some people are against crypto currencies, but no reason to bash them publicly and try to convince others to do the same.

Quote from: summonerrk on August 15, 2023, 05:09:12 AM

It's actually like playing on the stock exchange but with a shoulder. When you play with bets that you don't actually have. This is done only by greedy players, because any trader is always warned that trading with a chip carries huge risks. Similarly, in your case, this worker looked at what shed, but chose to take a risk. I'm sure he knew the rule that you need to play only for your own money, and which he can afford to spend. And as for the question of how long he will be loaned money - I think that as long as it is legally possible to recover from him, even after the incident of a long time. Everything has a limit, but both casinos and their agents like to drive people into debt. After all, they know perfectly well that you can't get away from them later.

I find it a bit of a surprise that casinos and betting agents want their customers to take on debt to gamble. Facilitating such debt themselves and loaning money to struggling gamblers only for them to lose more seems like a really bad business model. First of all the casino doesn't make any additional money, they only can win the money back that they gave the gambler as a loan. Everything more the gambler lost will have to be recovered later from his future income. There is no real guarantee that the betting agent or casino will recover their loan, because if the debt is too high the gambler can default. Wouldn't it make more sense for the casino to only have customers lose what they can afford to lose? Like that they would guarantee that their customers come back and can gamble for a long time. In the end they have to choose between a big payout today after which the gambler is broke and in debt or a smaller payout which is coming in regularly from their longstanding customers.

Quote from: Lida93 on August 14, 2023, 06:03:35 PM

You also risk investing beyond what you can afford to lose which is not what any wise bitcoin investor would do. Bitcoin accumulation is not supposed to be a stressing and self-pressured process but some persons doing it in that way thinking they had arrived late to bitcoin and have to meet up, but that's all a fallacy. With bitcoin you're never late, you only arrived at your right time.

What are your own thoughts on wrong ways you think people follow in bitcoin accumulation.

I think the wrong way of accumulating bitcoins is when new investors put in all their money at once because they think they price will move very quickly in their favor. Every investor should be realistic with themselves, and in the current market phase the time of making large short term gains are over. There are big risk in making only one big purchase and if the short term gains are not coming the investors can feel disappointed and leave the crypto world again. For me the best approach is DCA, buy a fixed amount every month with money that you don't need and would save anyways.

Quote from: nitrobetting on August 07, 2023, 12:57:46 PM

Advancements in sports betting acceptance

Acceptance isn’t exactly a technological advancement. But it qualifies for this list because it’s a major advancement in online sports betting.

U.S.-based organizations like DraftKings and BetMGM have opened the door for sports betting as a viable, accepted, form of entertainment. However, organizations like DraftKings and BetMGM are running traditional operations, meaning they are as centralized as a brick and mortar Vegas sportsbook.

Is sports betting really becoming more mainstream? I thought that sports betting already has been quite popular and that even 50 years ago, people where happily betting on all types of different sports. Horse betting is one of those things that I have seen countless times in old movies, but in my country there it's not common anymore. We rarely have any horses here and having a huge arena only for horses running seems not really practical anymore in today's world. In my country the most common sport people are betting on is Football and Tennis. It's great if betting becomes more popular and attracts more people, because the more sport types can be offered and less popular matches will be possible to bet on. A big part of the wider acceptance of sports betting we can see in the advertising of the big sportsbooks. Many of the big teams have the name of casinos or bookmakers on their tricots and with so many games being shown on TV these days, millions of people are seeing them. The reach for companies to advertise via sports increase a lot over the last few years and it’s good that gambling companies can take advantage of it.

Quote from: rachael9385 on August 14, 2023, 07:42:07 AM

Hmm interesting discussion, anyways I do not believe the facts that people are gambling for fun especially that saying "use spare money to gamble" i do not agree to that take because no one has spare money but every one has spare time (free time) but on this gambling rules that's says GAMBLE AS LONG AS YOU ARE HAVING FUN I will say thats what gambling companies are use to tell people for them to come and play to lose, every gambler have the mindset of winning but if they starts losing they will want to recover their loss.

Why has nobody spare money, that doesn't seem true. When I go watch other people shopping on the weekends then I see a lot of them spending money for unnecessary things. My city is full with these small 1 Euro stores where you get so many different things, all cheap and out of plastic that they will break in 3 weeks again. Or why are so many people going to watch a movie in the cinema, where you have to pay so much money for snacks if you could stream a movie from home and enjoy it on your couch. The same goes for going to a restaurant or bar where you pay a lot of money for things that you could get much cheaper at home. The same beer or cocktail would only cost a fraction at home for what you pay in a fancy place downtown. So, people are definitely looking for entertainment and are happily paying for it. Gambling is part of that entertainment industry and we should treat it as such. There is difference between money that we need to pay bills and rent each month, and money that we have in our savings account and don't need it any time soon.

Quote from: Odohu on August 10, 2023, 04:55:51 PM

I understand for other tangible assets, a WILL can be written to be revealed when the time is right. But for Bitcoin, I don't know how this can be done as it may require revealing the secrete codes of the wallets or storage device. Is there any other way this can be done?

A will ensures the legal transfer of your assets to the people you want to have them after you die. Without a will, things would follow the official succession, which are probably your children or parents if you don't have any children. While a will only makes sure to transfer assets in a legal sense, it also needs the physical transfer of all the assets. It's good to add the main contents of your crypto portfolio to your will, so your beneficiary knows exactly what he needs to look for when looking for the crypto coins. In case you hide your private keys in remote places it might be hard or even impossible for people to find it, that is why I would maybe think about collecting all important things and put them in a bank vault. In my regional bank it's not really expensive to have a small vault and I added my crypto wallet information together with other things. The main reason for that vault was that I have some physical gold and some old coins which I don't want to keep at home. Adding my crypto details to that list was a save way to store everything in one place and if something happens to me, my family can easily find all the things. So in the end it’s a trade-off between security of our private keys and making sure that our family is going to find everything once we are gone.

Quote from: piebeyb on August 12, 2023, 03:12:12 PM

Quote from: len01 on August 12, 2023, 07:53:05 AM

but I understand this condition because sometimes bettors become more aggressive and greedy in wanting to get bigger wins so that the profits from sports betting are not immediately used for other investments but instead are used to bet again with the hope of getting even bigger.

that's something that usually happens to bettors because we as humans still have greedy nature so that every win will never be satisfied and keep on risking the winning money to bet again so we can get bigger money, but in fact most lose in the long run if you still use With such a betting style, the bettor must know when to bet and when to stop betting.

I'm not a hypocrite with all of that, sometimes I also still do things that every time I get a win, I always feel dissatisfied and keep betting again to get bigger wins than before, that's because I also experienced the same thing and had experiences like that, just sharing stories. that every bettor should be able to set targeted wins so that they can withdraw the winning money and use it for investment, then come back in a few days to bet again. it has to be long term

While it's probably true that many gamblers like to increase their betting sizes with their winnings they make. I also think that there are is a large fraction of gamblers that are more disciplined and save some of their winnings. At least for me and most of my friends that like to place bets on sport games, we have a group bet on big tournaments where everybody puts in 10 USD. We have been doing this for a long time and when we win, we still keep betting only the initial 10 USD and have a few beers with the winnings. To me the 90% of people losing seems like a way to high number. There must be many more people that only bet on large tournaments and focus on save bets, where the chance of losing is fairly small. And like you said people that only are using sports bets to make money, will take out winnings to invest them in other things too, for long term profits outside of gambling.

Quote from: pakhitheboss on August 14, 2023, 06:05:37 AM

Quote from: len01 on August 14, 2023, 05:43:34 AM

it is associated with luck and greed. I mean when someone feels a strategy or prediction in every betting session he always wins and feels himself lucky he will definitely continue to bet because he feels that the winnings he gets are not big enough and continue to chase bigger wins in the hope that the winnings can be doubled but without realizing it is breaking the rules that have been determined when planning the winning limit rules and after betting all the winning money the bet loses and loses the entire budget and winning money which ends up chasing the loss. it is indeed very difficult to be consistent with the rules that we have planned at the beginning because greed has always been the main cause in the human mind so that when betting with greater hope it will definitely lose because we ignore how gambling works the longer the bet the more the house win.

Luck plays an important part in Gambling as you would need some luck in whatever strategy you apply without luck you won't make a single penny in gambling. As of now, I am not going to say that you can earn daily $100 through gambling. Consider the fact the amount of money that would be needed to win $100 daily would suffice your win. With luck you may not need to invest money or time as with one strike you may win an amount that would end your daily $100 goal for a few months. I would still say that there are other methods through which you would guarantee to earn some money every day. Those methods should be looked into and not gambling for earning.

It's good that you use the term earning here which would be an alternative to make money on the side instead of trying our luck in a casino. Unfortunately, gambling is no reliable source of income and we can't rely on it for making a 100 USD daily profit. Even with a large bankroll we wouldn't be winning every day, there will always come losing streaks that make us lose our money no matter what. The question is here how much do we really need the 100 USD, if this for our living expenses as we don't have any source of income, then I would strongly advice against trying to make such kind of money in gambling. It would be much better to look for some part time job to start earning money. Or if we have some savings that we would be using for gambling, we could be using it for investing instead and some returns. In the other case where we don't rely on the gambling money and we just have a broader goal of 100 USD per day, then I would recommend to not look on a daily basis on gambling but rather a longer time period. For example, we could look at a target of 3k USD per month instead that we would like to reach with gambling. We need to be aware that there are always days where we are losing and we can only try to make back the loss some other day.

Quote from: DVlog on August 09, 2023, 02:12:36 PM

I am in crypto for a few years and i have good knowledge of the crypto markets and their behavior. For the past few years, I am mostly invested in some top crypto project and held it till I get decent profits. You can say i am a holder. Now i want to try something different. I want to try day trading methods to generate a daily income from the spot market.

Is that even possible to earn 50$-100$ every day with spot trading? If yes then what methods you are using and how do you manage your risk?

Switching from a HODL investor to day trading is a big step and should make sure that is really something you want to do. In case you have enough time and capital at hand to fully focus on day trading than there is no real problem. How big is your starting portfolio? To make 50-100 USD in trading per day is going to be hard, because we making profits continuously every day might not occur when you first start out with as a day trader. Also 100 USD a day, means making 3k USD per month. For such kind of profits, you need to have some decent bankroll beforehand. Let's say you can make 5-10% returns per months than you would need between 30k-60k USD as your initial bankroll to start trading with. It's important to have healthy return expectations for your trading strategies, that is why it should be in relation to your overall portfolio value. The best methods for me are technical analysis, use one or two crypto coins that you are already familiar with and look at the chart analysis tools to identify trends. Once you get used to all these different indicators you can start building a trading strategy on the most reliable ones.

Quote from: Altcoiner007 on August 12, 2023, 01:56:11 PM

Now as an older adult and a cryptocurrency enthusiast, it was thrilling to stumble on some blog articles on Crypto tournaments like CryptoWars, a blockchain-based strategy game that allows players to build and battle armies of digital warriors. Players purchase, trade, and battle their warriors using a variety of digital currencies. The game seem to be designed to be a fun and engaging way to learn about blockchain technology and cryptocurrency. But I imagine an event where actual cryptocurrency traders from every corner of the globe can join in the competition to compete for a grand prize. I don't know if there are crypto enthusiast out there already engaging in similar events other than Bets and casino events using Blockchain platforms, that seem to be the popular blockchain events I find around.

Sounds like a trading simulation game, where everybody gets a demo account and trades against each other. After a few months the traders with the highest returns win. In my country banks offer such games every year for student with quite large cash prizes. I took part in a few challenges and even won a trip to London back in the days. The thing is that without real prizes it won't attract any people. As a successful trader why would you invest your time to trade demo accounts, when at the same time you could make real money. Maybe some big crypto exchange could be found to offer some prize pool for some advertising. But as soon as there is decent money involved it also needs strong rules and oversight, as some people might try to get an unfair advantage. So, as long as the event is free, offers prices and is easy to take part in I would expect many people to join.

Quote from: alastantiger on August 07, 2023, 09:55:44 AM

These researchers found that if you work from home you will be less efficient and productive than people who from their office. Can we say the same about freelance workers? Do you think that if workers are given the chance to "own" a task like freelancers they'll be more productive because it is just like being self-employed where you treat it as your business and not with the mindset of another man's business?

I have heard about this research as well that workers are suddenly less efficient from home. This comes as somewhat of a surprise to me, because I still remember companies saying during the covid pandemic that working from home is fine and doesn't decrease efficiency. Now with the lock downs being over and the covid pandemic officially ended, the companies want their workers to return to office. And all of a sudden there is research to back up their decisions. Personally I don't think working from home is reducing efficiency that much. Sure working from home you might take a few small breaks on the side, but you would do the same in the office. Cigarette or coffee breaks where quite common in my company, or walking to meeting rooms and waiting for everybody to arrive. Now with all the zoom meetings you save a lot of time and can even work on the side. Also the whole concept of commuting to work saves so much time where we can already be reachable for the boss in emergencies.

Quote from: Slow death on August 12, 2023, 07:29:37 PM

From what I could see in all these years that I had addicted relatives, the only way that will be effective is taking the person addicted to gambling and putting him in the rehabilitation hospital, but it must be in those hospitals where they have high security and that isolate the gambling addict so that the gambling addict does not have any cell phone access that has access to the internet, the internet has to be banned, the gambling addict cannot be allowed to see some news about games related to gambling and casinos, they cannot let the addict talk too much with other fellow addicts, at least these tough measures need to be put in place for a long time

this is because after months the person addicted to gambling will start to be able to live without having to gamble, he will get used to a life without gambling, and it is true that even then he will need to stay in the hospital for at least 2 to 3 years to stop completely the addiction, the problem is that if that person has a job, unfortunately, he will lose his job, but in my opinion it's better that way, because that person could start stealing and even in the most extreme cases that person would be kept by money to be able to sustain the addiction, It is for this same reason that the relatives of addicted people must be very brave and take tough measures and when I talk about tough measures I am not talking about sending the addicted relative away from home.

the problem of many families is that they want to solve everything with violence, and this makes the person in the family who is addicted to be afraid and to ask family members for help because they know that when they tell them they have an addiction, they will suffer physical aggression, I myself have seen this in my country and I am shocked, people in my country even kill addicts who steal

Taking away the internet access might sound like a good idea for immediate help of a gambling addict, because the easiest access to gambling is visiting an online casino. The problem however is that in today’s world most of us need access to the internet for work and we can't just take it away and not be reachable anymore by our boss. Losing your job to get rid of a gambling addiction sounds like a very drastic move and maybe we should try other things first. How about limiting the bank account to a physical only account without online banking, you would need to visit the bank branch every time you want to withdraw money and it's harder to transfer money to the online casino. Or how about you ask a relative to manage your finances for a few months for you until you get back on track. If our brother or sister manages all the finances and only gives us a weekly allowance in cash than we also are less at risk to gamble away the money. Finding an approach that doesn't restrict our internet access should also help us in the long run, because eventually we will have to go back to using the internet. There is no point in living without the internet forever in today’s world. Maybe for the first few weeks, living somewhere else without the internet is a good idea to break the habit of gambling every day, but we still need to find a new way to live our everyday life without the risk of falling back into the old routine.

Quote from: Crypt0Gore on August 09, 2023, 09:29:56 AM

The first time I tried slots in my life, I use 1Eur to make 240Euro, this was my most joyous day in gambling, it was so unexpected, I freaked out and freaking lost my mind, since then I started believing that gambling do have some surprises when you don't expect them.

The saddest Slots spinning day was when I use 300$ to spin for hours and had on 20$ left, that was where I finally decided to cash out, I felt bad for a week before I got over it, that was when I started having a gambling limit in mind.

Till today, I have had some losses and also some fine hits, what about you guys? Do you have any Slots spinning story to share? I'm sure some people are more lucky than many others.

Wow that is a nice a return, making 240 Euros from only 1 Euro. You probably must have won the jackpot that the other gamblers build over weeks only for you to cash out. With slots I don't really have such great stories to tell, because my winnings are always fairly small compared to the amount, I put in. For more than 10 years I play on and off slots with mixed results. My most common wins are free spins, which in most cases don't lead to any bigger profit. For all these hours I put into slots I still didn't win any jackpots, but also didn't lose more than 20 USD in a single session. Your bankroll is probably larger than mine and when playing the more expensive slots you can also win more, I usually only stick to the smaller slots. Also, from my friends I never heard anybody making such a big profit from only 1 Euro. As long as you always save some of your big profits it should be okay if you also have some bigger losses from time to time.