In my country you are a full adult at the age of 18, you can gamble, but strong alcohol, take out loans and buy a house. When I think back at my 18th birthday and how excited I was to visit a casino, I am not so sure if that age was enough to understand everything money related. Maybe 21 is the safer age so that everybody is developed far enough. These strict age restrictions are also a bit misleading because people develop so differently. There can be someone with 17 acting more mature than someone with 27. What surprises me the most is that politicians want children to vote and drive with 16, which seems counterintuitive because how can you make the right decision in one area and not the other. Politicians shouldn't be cherry picking and make strict laws for all sectors. If we need to protect our children from their own actions, how can they choose our next president? Either the brain is fully developed or not, choosing 18 for all matters seems like a good compromise.

This is a really small sample sizes and it would be good to see more of your games to try and help. Assuming that your strategy is optimal I don't understand how you can lose so many times when having 20 or a push with Blackjack. In my experience I rarely see the dealer getting a Blackjack when I have one. With the right strategy in Blackjack we get really close to 50% winning chances, which only gives a small edge to the casino. It's good that you stop when you realise that your mood is changing. We need to keep an close eye on our emotions and don't fall in the habit of chasing losses. Unfortunately there will always be times where we face a losing streak and we need to decide how to deal with it. What I noticed from your bet sizes is that the higher losses go the more you are willing to bet. Maybe you are trying out a martingale strategy to recover? But in such a case your initial bets of $5 seems to big because you get wiped out so fast. Maybe start lower if you want to go up in size with your losses, or stick to your $5 size to recover over time.

It's not really a loophole, because you still have to bet your whole balance a lot of times (maybe 100x times at 1.01 odds) to fulfil the requirements. There more requirements than just betting your full balance only once, some websites have minimum odds of 1.5 to bet on and other require you to fill up a bar of risked money where you would need a lot of bets if you only stick to low risk bets. It's been a while since I got a new bonus, so I am not too familiar what the industry norm is right now on clearing the withdraw restrictions. For me it was always combi bets that I used to combine multiple low risk bets to make one higher risk bet to clear bonuses. The problem with placing all your money many times on these low-risk bets is that there is no guarantee it's going to work. Only missed bet where the favourite plays a draw and not a win, is enough for you to lose all your money. It's a huge downside risk that I would rather avoid, because its more likely that in 100 games something will go wrong.

Welcome to the forum, I am glad you like it here. If you would have signed up on the forum 5 years ago then your journey might have looked different. It's good that you realise your past mistakes and don't want to continue them. Listening to our friends for investment advice can be a good or bad thing, depending on their knowledge of the subject. In your case where your friends got scammed out of money, I would say that they probably where beginners themselves and you should have made up your own mind about cryptos. Don't feel bad now about the missed opportunities in the bitcoin market, there will always be new chances to make money. Once we start looking at the past and thinking about what we could have invested at a better time, there is no limit to it. With hindsight everybody could have picked the best possible time to buy and sell their coins, which isn't realistic. Instead of looking at the past, look to the future and learn from your mistakes. Good luck on your crypto journey.

In case you don't understand something, listening to our instincts is a good alternative and we don't have many other options. The best solution would be of course to study and understand their business concept, but this could take time and some companies are looking for shortterm financing. 100k USD is a huge sum of money at least for me and I would probably not invest it only on my instincts. There are so many startups out there that are looking for seed capital and especially in the tech sector it will be hard to understand all the new ideas they are trying to sell. We shouldn't feel bad about missed out opportunities, because there will always be another chance to make money. Also looking back at one successful business that became a multi-million-dollar investment lets us forget about all the other companies that failed in the meantime. Looking backward in time at one successful event is not very helpful, it’s like saying why didn't I pick the right lottery numbers last week.

In my opinion the most important thing is to look at gambling as a form of entertainment and nothing else. We can't look at gambling as a job that provides us with a steady income, it's not realistic and will only lead to losses if we want to rely on it. As soon as we see gambling as entertainment the whole aspect of wasting time or losing money becomes obsolete. Paying for entertainment is normal, we should compare a night at the casino gamble with going out with friends to a bar. We spend a lot of money for alcohol and have a hangover on the next. Or going to the movies where we buy overpriced snacks and might not even like the film in the end. Whatever we do with our time and money, it will go somewhere. The main advantage of gambling is that we can be lucky one day and make a big profit when winning the jackpot. The next important thing when it comes to gambling is to be realistic with ourself and to not lie. Once we fall in the habit of wishful thinking and try to make the reality seem better than it is we are more likely to become addicted to gambling. Our brain will try to play tricks on us and keep us engaged in gambling, it's important that we have a clear head and look rational and objectively at money related things.

Today and tomorrow we are having the upper bracket finals of the Blast Premier Fall tournament, with the group finals happening next week. The top teams playing this weekend are not at risk yet of getting eliminated, but it's still going to be some interesting games. The first match today is going to be G2 vs Team Liquid, which is going to be an easy win for G2. They have a strong team this year and should go far in the tournament. In the second match there will be Complexity playing against Vitality, which is probably the most one sided game of the weekend, Vitality is going to win that without trouble. The last match of the day with Evil Geniuses against NiP, where my money is on NiP to take that home. The closest match of the weekend is probalby going to be NaVi vs Heroic, two of the strongest teams and eventhough Heroic is a clear favourite I would never call it an easy game against NaVi. They dominated CSGO for such a long time that they could make a comeback.

In online gambling I don't really see an option where I would get into a fight with another gambler. Why would share accounts, or place bets together in an online casino? It's so easy and quick to make your own accounts that I think people shouldn't gamble together. There is no real benefit you get from sharing one account, with all the risk of it for the person not in control of the money. The account has to be registered to one user and he has the final saying about the account, when to gamble and when to stop. He could also just change the login for the account and leave the other gambler hanging. Such a thing should only be done between really good friends, and even then, I would advise against mixing friendship and money. Personally, I would not give my friends access to my casino account, and I wouldn't ask them for their accounts. The only possibility where I could end up in a fight with another gambler would be in a physical casino when the other gambler is drunk and would insult me and girlfriend. The risk of getting banned from the casino is high, so it would only be a last resort as self-defence.   

That is the best advice I would give anybody that wants to start trading. Don't start with using all your money at once, better to split it up and have different goals for your portfolio in mind. Putting the majority of our money into a wallet for longterm holding is a good idea. Looking back at the Bitcoin market we can see that HODL is a strong strategy, that outperformed many active traded strategies over the last 5 years. The main drawback of HODL is that we don't generate any income in the long periods of holding our coins. For any profit we would need to sell some of our coins. That is why it's good to combine a HODL strategy with an active trading strategy, so that we can generate some returns in the meantime. Using a 20/80 split for our money for longterm HODL is a good approach at the start. Once we are making some returns from our trades, we can use that money to either grow our active crypto portfolio or our HODL wallet. Personally, I use my gambling and trading profits to keep adding to my bitcoin wallet for longterm storage, to ensure that I am getting closer to my goal to own 1 BTC one day. And any new fiat money that I invest in crypto currencies is for trading or gambling to generate more shortterm returns.

That's a very good point about our financial situation, we can't change much by sitting at home and do nothing. The only thing we do like that is not spending any money, which is a good thing but it's not enough to change our situation. Reducing spending and consumption is a good way to increase the money we can save each week, but by saving alone we won't become rich. To really make a difference we need to look at our income side, not the outflow side. The interest we get on our savings is not enough to cover inflation, we are losing wealth every year if we don't invest. In my opinion building a long term portfolio with different asset classes is the best approach to try and grow our money.

Following signal groups can give us good indications on where the market is going to move. Technical analysis has been used by traders for a long period of time now, there are even fully automated trading systems that trade large sums on these signals. The main question with these groups is if the are legit or if they have some special motivation behind their signals. In case the groups shares valuable trading information I would expect them to charge money for it. Because why else would they share their bread and butter online. If the information is for free I am more cautious, it could be that the group tries to convince us to buy certain alt coins the group tries to sell. In the past I have met beautiful Asian woman on dating apps that wanted me to join trading groups where I could get rich quickly. Now I prefer to check my own trading signals based on technical analysis. It might not be as sophisticated, but at least I know where the data is coming from.

Both bonus hunting and arbitrage betting are not strategies that we can do constantly and rely upon to make a profit for us forever. Eventually we are going to have played at all sportsbook and used up all the available bonuses. In my experiences bonuses are a great way to start out at a new website, it gives us a decent profit and helps to build up our initial bankroll. But we can't be switching around all the time between new sportsbooks in an effort to find new bonuses. There is also a risk to that strategy when playing at new websites with very good bonuses, it could be a scam and we lose all our money. Arbitrage opportunities on the other side usually last only a short period of time and we can’t find them every day. There are many other people looking for arbitrage opportunities as well, which will lead to a large number of bets on the game and the bookie will adjust his odds quickly. Arbitrage is a nice additional income we can do on the side, but I don’t think we can only rely on a strategy that focuses on arbitrage betting.

That is the exactly the point why casino link their payouts to the amount of money gambled by your referees and not only to the number of people that sign up at the casino through your link. In case the casino would only reward how many people you bring to the casino, without taking into consideration the amount each gambler plays for. Then there would be no real need to target a specific group of people that are interested in gambling. You could ask anybody to only sigh up one time through your link and never actually gamble at the casino. The casino is not going to make any money through that and wouldn't reward us for the referrals. That is why it’s so important we bring people to the casino actually want to gamble and can afford to spend money at the tables. For people that don't have a big presence in social media or are streamers, it might be hard to attract a largen number of referrals to a casino. For me it only worked out to bring some of my friends to a casino where I already know before that they are going to gamble more regularly. If you play on multiple different casinos then you refer your friend to one casino, and let him refer you to another casino so you both can profit from it. Or you could just split all the rewards you get from the referral, which would give another incentive for your friends to gambler through your links. 

Bisher hat der Bitcoin Preis schon 80% geschafft dieses Jahr, ich glaube aber dass nochmal 50% bis zum Ende des Jahres drin sind. Ein Allzeithoch sollte also über 45,000 USD liegen

Bitcointalk-Nutzername: Mauser

Höchster Bitcoin-Preis bis 31. Dezember 2023 um 23.59.59 UTC: $45,900

Vielen Dank 1miau für das Gewinnspiel

Schönes Gewinnspiel, vielen Dank Turbartuluk

Bitcointalk-Nutzername: Mauser

Niedrigster Bitcoin-Preis bis 31. Dezember 2023 um 23.59.59 UTC: $23,900

If you don't have any money than unfortunately gambling is not a good thing for you. One of the most important rules in gambling is to only use money that you can afford to lose. So if you don't have any money it's better for you to save and invest the few crypto coins you have at the moment. Maybe in the future after making good returns you can come back to gambling. If you still want to know what all this gambling hype is about, you can sign up at a casino for free and use play money to test their games. Just don't make the mistake to take out a loan to start gambling, that can lead to largr financial losses.

I can only answer for myself and what I heard from friends as the biggest problem at the moment that prevents us from investing more money. It's not having enough free money to spend, food prices and inflation in general have risen a lot in the last few years. Every month I have to spend more money on bills and other expenses, while my income is rising very slowly. I already make monthly bitcoin purchases, but they are very small and before my Christmas money I don't see how I can invest more. All my bitcoin additions this year are meant for hodling, right now doesn't seem like a good time to sell. Among my friends nobody sold bitcoin this year. Trading cryptos actively I am only doing with alt coins, bitcoin are still so far from their ATH that Hodl is the only option.

Bitcoin definitely has huge advantages for people to become independent of fiat money and for companies to deal easier in international trade and payments. It also helped many people that invested early on into it to become rich. Unfortunately, I wasn't one of the early adopters of Bitcoin and only started out to really save in Bitcoin when the price was already above 10,000 USD. That is why I can’t help my economy or family. In case I would make a lot of money with crypto currencies then I would definitely give money to my family and help them, but right now I am still struggling myself. As for the economy, I am also not really helping that much because I only holding most of my coins and not using it for consumption or trading. When you spend your coins you generate sale taxes for the government, when you trade your coins you make profits and have to pay taxes on your profits. But when you leave your coins in your wallet without touching them, then there is no real benefit for the government. It's the same like having your savings at home in a vault, the money is not being used and doesn't give any return for the government.

I am a bit surprised that the gambler got a loan for 8x for the 1,000 he came with. In case the betting agent know the gambler well than the loan shouldn't be an issue, but also the gambler shouldn't have run away after losing all his money. And if they don't know each other than he should never give a loan to a stranger. The situation could have easily been avoided and given that it's only small amounts I think that it's going to be resolved. Why are you saying low-income earnings? It only takes the gambler 4 days of work to pay off his debt, that is not a lot. In my country people have to work month and years to pay of loans. I find it a bit strange that the gambler would run away for such a small amount. Would you really give up your job forever or work 4 days to pay your debt? In less than a week he would be debt free and now he lost his job. Also, the world is a small place and people meet each other at the most random locations again. Let's say the gambler needs a few weeks to find a job and then randomly the betting agent finds him again. In the end he still has to pay back his loan and lost a few weeks of salary for running away. It might take some time but the betting agent will get his money back in the end.

That is a hard question to answer, because my country is so open that I can't really imagine how it would feel like if crypto currencies would get banned suddenly. In case this would happen today I would probably stop buying any new crypto currencies, but keep all my existing coins and hold them. I can understand that a government is afraid of crypto and doesn't want its citizens to buy too many coins, so that they rather stick to making transaction with fiat money. But what I can't understand is that the government would force me to sell all my crypto holdings. Luckily it would be hard to the government to check who holds cryptos and who doesn't. As for gambling with crypto currencies I would probably keep gambling with my existing bankroll and see how far I can go with it. When it comes to bans, they are usually not forever, because when in 4 years we are getting new elections, the new government might want to revert the ban on cryptos.