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1241  Economy / Gambling discussion / Re: Is playing national lottery smart or waste of time? on: January 05, 2023, 01:22:37 PM
Lottery's target market are those people who are just small time bettors who are trying their luck to have money quickly and in an easy way. Those people who are desperate, and those people who are just hopeful are the ones you will see taking their chances in lottery games. You will seldom encounter a big time gambling bettor betting in lottery because they know it is luck based and how small the chances of winning there is. Even if you are a skilled and knowledgeable gambler, you can't utilized it in lottery. This is one of the reasons why those who are after the thrill and fun aren't fond of betting in it.

Rich people don't bet on lottery but rather majority of them spend their money on casino card games and slot.

Only poor people bet this because they want to get rich quickly.
Gambling doesn't give any assurance and you will not win if you didn't  take any bets, but I guess this depends how people look at it since same as you some other people might dislike it and some other will like it. And its just how people preferred on such thing since there are people willing to spend some time just to bet so that they might get a chance to win the jackpot which can change their life. Popularity of national lottery still popular since many people still betting on it especially when the jackpot prize became more bigger and bigger.

Even if no assurance but many take the slim chance because they think that it could make their dreams come true if they win the jackpot on the lottery.

Exactly what I'm pointing out.

Indeed, rich people do not waste their time in lottery because they have so much in their disposal. Rich people venture in different areas and fields that's why they have what they have and they can afford the lifestyle they want.

Poor to average people are the most patronizers of lottery because they want an easy way out from poverty. A ticket to success and being wealthy in a snap is what lottery means to them. These people keep on thinking that despite having a very slim chance of winning, if ever they'll be lucky enough to get the winning combinations, they'll instantly go rich and get back all the losses and failed attempts of betting which will be worth it on their end. In the end, it's still all a subjective matter because we have different preferences in life and we have different driving force in decision making.
1242  Economy / Gambling discussion / Re: What are the motives that drive you to gamble? on: January 05, 2023, 08:18:07 AM
I do not know about you guys, but I gamble because I like it and because it is a hobby as well as an addiction. I'm good with myself, as I already admitted to having an addiction but tried to find and apply techniques to avoid getting off track and spending all of my money on gambling. It's quite easy for me to control my gambling anxiety as I already follow strict rules that help me stay on the line.


What about you guys? Do you have any addiction to gambling? What drives you to gamble? Is it the long shot of having a big profit coming in or is gambling simply a way of spending time for you?

My motivation with gambling is definitely to make money, so it just ends up with fairly small bets and taking advantage of some rather generous offers at different book makers that allow you to cover both sides of a bet and walk away with a profit. Nothing major but a guaranteed $10-20 per week that gets taken out and put into stocks instead, which you could consider equal gambling but sticking with the largest dividend paying companies at least returns a slow passive benefit over time. I could quite happily walk away at any time, but it only requires patience and not getting carried away with spending the freely accumulated money on silly side bets or taking a chance at the slots.

Most of the gamblers have this reason as to why they are gambling. It's pretty much common since gambling is viewed as one of the easy ways to generate money, or so they thought, because it's one of the easy ways to lose money too if you don't know what you are doing. If you are doing whether casino gambling or sports betting, you need to possess enough knowledge, skills, and luck with you. The combination of these aforementioned factors will make your chances of winning go higher. 

Gambling responsibly like what you do will keep you off the grid of addiction. For me, this is much better because you lessen the possibility of you being dependent in gambling and at the same time, you utilize the benefits it has such as profiting while having fun at home, supposedly you are playing online.
1243  Economy / Gambling discussion / Re: Real most rewarding Crypto Casino? on: January 04, 2023, 04:00:20 PM
...
You don't need to be in Silicon Valley or need to have any of the things you have mentioned to promote your affiliate link in an effective way. None of the people I talked about have any of this.
As I said you need to know how and where to promote your ref link. Maybe you are targeting the wrong audience and this is why you didn't get the results you were expecting!

Having a platform could be beneficial in spreading your affiliation link faster and in more effective manner. If you have a platform to influence, the higher the probability you will reach more audience you can encourage into using your link or code.

It's also of importance to know whether or not you are targeting the right audience. Having the proper audience will help you have more successful referrals and affiliation clicks.
1244  Economy / Gambling discussion / Re: Cashless Gambling, your thought? on: January 04, 2023, 01:53:03 PM
In a positive note, minors gambling incident would greatly reduced because the gambling transaction can now be traced via bank statement, except if these minors can freely use their parent's cards.

Just because of this positive note, I'll be open to the idea of the government implementing it. This won't only help reduced underage gambling but can also be used to tackle gambling addition. Banks can help monitor the money been used for gambling and when it begins to look like an addiction is ongoing they can prevent that user from making use of his credit cards to place bet.

People might think that they're mature enough to handle themselves financially but that's not true. Also this will help in preventing money laundering as I believe casino are those that encourage this more and with paper money that are untraceable, they can get away with laundering money but if a cashless policy was to be introduced, it'll be hard.

I somehow agree with this.

Despite this policy being exclusive at some point which could pose a negative effect to those gamblers who don't have credit/debit cards, this could eliminate the underage gamblers population.

Even though most casinos now have a KYC verification processes, some minors are still able to bypass the security by using other person's ID or even providing fake ID. This leads them to be introduced in gambling world and gambling ways too early that might affect the way they perceive things and make decisions in the future.

If cashless gambling will be implemented, the minors will have a hard time accessing because most of them don't have the means to have it yet. Regarding financial aspect and addiction prevention, it's a good thing if the players could opt to be limited in betting through their cards if they deem to do so. This could help prevent overspending in betting.

It's really up to the authorities on how they will weigh the pros and cons of implementing this. Right now, we'll just have to wait and see if ever it will be pushed through and how it will turn out to be once it's done.
1245  Economy / Gambling discussion / Re: Factors that contribute to form addictive gambling. on: January 04, 2023, 01:15:09 PM
Free alcoholic drinks, ease of withdrawal machines and ease of which to fund betting/gambling site wallets are serious contributory factors to addictive gambling.

A man was invited to the court for failure to meet up with his bills. He complained bitterly to the judge he was standing before, on how he was given free drinks at a live casino and it made him so loose to the point that he lost and emptied his wallet to place more bet of which he lost more. He made several withdrawals from his bank account, most of which he had saved up for something as important as paying the bill for which he was summoned and more.
He attributed his huge loss to the ease of which he could easily withdraw cash because of the presence and ease of accessibility of ATM and POS machines and the free alcoholic drinks served which made him drunk and so excited to the point he emptied all his savings on gambling.
In comparison to live casinos, online casinos do not offer free drinks, but if one were to bet from the comfort of his/her zone, and had a fridge or cooler of chilled alcoholic drinks, it shouldn't be a yardstick to get drunk to the point of funding ones betting wallet all just to gamble at that instance of excitement. Also, if one can't get to control the amount of his/her alcoholic intake I don't think such a one can control the excitement that comes from gambling and shouldn't bet, make withdrawals or fund gambling wallets, while drunk.

What other factors do you know contribute to form addictive gambling?

The aforementioned factors such as the free drinks and easy transaction processes together with withdrawals are indeed the common factors why people are so indulged in gambling. At least in a physical casino side. Some casinos have these gorgeous and sexy ladies dressed in alluring manner to serve the players as well that I think one of the factors why most gamblers, particularly men, are taking their time gambling. Sometimes it's also the reason why some men gamblers are becoming regulars in a casino.

However, for me all of these could be solved if someone is very much disciplined. These factors stated could be set aside if you are following your set limitations and boundaries in gambling. In online gambling, a lot of these are absent, but still, people lose themselves in the process. Eventually, they become addicted. It's because they lack self-restraint. Obsession on winning can lead to gambling addiction as well, whether online of in physical casinos. Chasing the thrill and excitement could contribute too.
1246  Economy / Gambling discussion / Re: What are the motives that drive you to gamble? on: January 04, 2023, 12:09:44 PM
I do not know about you guys, but I gamble because I like it and because it is a hobby as well as an addiction. I'm good with myself, as I already admitted to having an addiction but tried to find and apply techniques to avoid getting off track and spending all of my money on gambling. It's quite easy for me to control my gambling anxiety as I already follow strict rules that help me stay on the line.


What about you guys? Do you have any addiction to gambling? What drives you to gamble? Is it the long shot of having a big profit coming in or is gambling simply a way of spending time for you?

Most people really tend to gamble out of hobby. Some perceive it as a fun way to release stress and to entertain themselves. However, some go beyond their limitations, thus some people develop bad gambling habits and even addiction.

It's good that you are self-aware that you have gambling addiction and is already trying your best to avoid spending your hard-earned funds over it. However, it's still best if you will consult to a professional for this matter because it isn't a habit that you will just outgrow or just be healed overnight. It requires intervention and you have to accept that fact. But still, kudos for finding your own little ways to alleviate gambling habits that aren't helpful to you at all.

I don't have gambling addiction because whenever I try to discover something new or to risk sometimes, I make sure to limit myself with specific fund allocation and time as well. Gambling might be different for most of us. Some gamble because of entertainment, some do it for the profit. I guess I do it for both whenever I try to. It's a matter of preferences, so we should do what we think suits us best.
1247  Economy / Gambling discussion / Re: Is playing national lottery smart or waste of time? on: January 04, 2023, 11:26:57 AM
Considering the odds of winning the lottery, for me it's just a waste of time, effort, and most especially money. This gambling game is mainly based on luck. If we are to compute the probability of you winning the lottery, you'll have a 1 in a million possibility of winning the jackpot prize. This is because there are so many combinations possible, and the chances of you getting the exact numbers with those possible combinations is very slim. Hence, for me it's not a very smart way to use your money and time for.

Lottery's target market are those people who are just small time bettors who are trying their luck to have money quickly and in an easy way. Those people who are desperate, and those people who are just hopeful are the ones you will see taking their chances in lottery games. You will seldom encounter a big time gambling bettor betting in lottery because they know it is luck based and how small the chances of winning there is. Even if you are a skilled and knowledgeable gambler, you can't utilized it in lottery. This is one of the reasons why those who are after the thrill and fun aren't fond of betting in it.
1248  Economy / Gambling discussion / Re: Real most rewarding Crypto Casino? on: January 03, 2023, 03:48:13 PM
Referral bonuses or earnings arent something that you could rely nor expect into because not all people or users who registers under your name are big depositors or players which means it would really be just normal that you wont really gain something if those users arent playing.
I beg to differ. I know many people who make a living out of referral programs and they have made it their main job.
You need to know where to promote your ref links (choose your audience) and how to promote it to get the best results. Sometimes, you even need to invest some money for paid ads before you can start earning.
If you are into streaming or have a big blog/group/channel then better opt for affiliate programs than ref programs.

You really have to find the right audience in order to make money from referral programs. If you are not popular enough and if you don't have enough reach to influence them to sign up using your referral code or link, most likely you'll not really profit by doing referrals. You'll just waste your time and effort.

However, if you have an interactive audience and you are persuasive enough to get them sign up using your link/code, then you'll most likely earn big through referrals. I've known people that made referrals as their main source of income simply because they have the platform to do so and they are very much determined and eager. You just really have to be patient in this kind of generating income because not every referrals will be successful. Some might not push through, some might be detected as invalid or abuse if you'll do self-referral and it will be detected by the system.

Most influencers and streamers are using both referrals and affiliation links which is advantage on their part because they get to earn while promoting and doing the things they want. Although I don't really recommend making it as main source of income and relying on it fully because you will never know when will these programs will be put into halt. It's always much better to have a fall back.
1249  Other / Archival / Re: What casinos are safe on: January 03, 2023, 03:15:22 PM
If you really want to play in credible and reputable casino, you should do an in-depth research about it. It's good that you asked here for suggestions and recommendations on what casino is offering quality services and are reliable. However, not every single one advice here would be objective. Some would be biased because it's their favorite casino, they are associated with the casino owner, or they are paid or sponsored by the casino to spread good feedbacks.

Although it's still much better to ask and then sort out the legit and not before deciding instead of acting impulsively. If you want a safe casino, you can check the internet or here in forum itself the casinos who are already operating years in the industry. Check their history, features, processes, and their customer service quality. If you will find a testimony that sounds so good, please do yourself a favor and countercheck it first before actually believing on it. There are numerous casinos that already made a name in the gambling world. You just have to research and pick based on your preferences to see whether if it's worth the shot or not.
1250  Economy / Gambling discussion / Re: Cashless Gambling, your thought? on: January 03, 2023, 02:43:33 PM
Have you ever thought of a government implementing a Cashless gambling?
-cut-
Well as days for anonymous physical cash are pretty much numbered now, i see it only a matter of time. In finland we now how kyc for lottery and slot machines as a temporary solution. Soon i am guessing cash is irrelevant because it's supposedly these days only used by criminals and people who got something to hide  Roll Eyes

But i completely understand why they are doing this. This is FATF on action and fits their narrative of tracking money as a part of tighter AML laws. This is however just a start.

Perhaps this is mostly applicable to those areas who are already developed and have great economy. Implementing cashless policy will be very difficult to do in third world and developing countries because they lack the resources to do so, and most of the citizens don't have the ability to participate in such. Hence cashless policy in gambling in struggling areas could be impossible as of now because they have other things to prioritize.

But good for those developed ones that they are already progressing into this because of their capability and resources. It has many pros and cons that has to be weighed before making a final decision, and I hope the people are all well-aware of all the possible sides if ever it will be fully implemented in your area. Because as we know, not everyone is as techy and as well-off as others. In addition, not everyone is fond and is in favor of KYC verification process.
1251  Economy / Economics / Re: Save your environmental economic cycle on: December 31, 2022, 06:31:11 PM
Online shoppers are not the problem, it is the inflation happening that cause of sudden price hikes for all of the products. Also, we can't force people to stop online shopping if that's what they want, because it is convenient and much cheaper in my opinion because of vouchers and discounts. Economy will continue to collapse if the Government doesn't have any plans on how to solve the economic problem in their respective countries.
1252  Economy / Gambling discussion / Re: What would be an ideal KYC solution? on: December 31, 2022, 03:19:40 PM

What would, in your opinion, be the best balance here?



Ideal KYC is no KYC. The best KYC is a dead one.

There are already zero KYC casinos which you can trust. One of them is freebitco.in. You don't have to bow your head and hand over your passport scans every time they ask from you. Fuck that. Binance did this to me when I got a few hundred bucks inside and I was mad af. That's why I am not creating an account on any pro-KYC services anymore.

There are really casinos that do not require KYC. You just have to find the ones that hold credibility and reputation so that you will get your money's worth and you won't undergo hassle and stress when you encounter troubles. Good for you that you already found one since you are not fond of verification processes.

When it comes to making an account, it's really your responsibility to check in their TOS if they require KYC before verifying your account. Binance is not a casio, it is an exchanger, and most exchangers nowadays have mandatory KYC, so you have to abide by their policies if you really want to make an account. If you don't really want that kind of process, just stick to non-KYC platforms. I think there's a thread about that topic here in forum.
1253  Economy / Economics / Re: The poor people with their reasoning on: December 31, 2022, 02:32:30 PM
No matter how hard you try, poor people can be difficult to persuade to accept and invest in bitcoin, according to my crypto knowledge and people's enlightenment. They vehemently criticize whatever you show them or introduce them to. They are the ones who constantly inquire about how you manage your funds in order to live during this economic downturn.

Quote
The worst people to serve are the Poor people. Give them free, they think it's a trap. Tell them it's a small investment, they'll say can't earn much. Tell them to come in big, they'll say no money. Tell them try new things, they'll say no experience. Tell them it's traditional business, they'll say hard to do. Tell them it's a new business model, they'll say it's MLM. Tell them to run a shop, they'll say no freedom. Tell them run new business, they'll say no expertise.

They do have some things in common:

listen to friends who are as hopeless as them, they think more than a university professor and do less than a blind man.
How can we persuade the poor that without making investments and taking risks, they would not succeed in life? If they are looking for a financial breakthrough, they need become involved with anything because good things in life don't just fall into their laps. Life is about taking chances and seizing any opportunity that presents itself.

Most of them wants to, but they don't have the money to do so. Some of them have trust issues, because they maybe borrowed some money to invest but they got scammed instead. We all have our own reasons why we don't want to invest on someone or something, and we can't force anyone to do what we do. It's our job to answer their questions regarding about cryptocurrency but it's their job to believe and to risk just like what we are doing.

Forcing someone to believe in cryptocurrency will not last long in the blockchain world, because they started unprepared with only a little knowledge about cryptocurrency.
1254  Other / Beginners & Help / Re: withdrawing bitcoin - newbie - advice welcome on: December 31, 2022, 02:05:23 PM
My advice would be to install an own non-custodial wallet, even if it's for a casino withdrawal. This is because if anything goes wrong with the withdrawal, you will know that the casino is the culprit, and can fix the issue with their support. If you withdraw to a centralized service or exchange directly, in the case something happens, you won't know which of the two services is to blame.

Bitcoin.org is a good source of information for that: https://bitcoin.org/en/choose-your-wallet

I like to have the wallets on a PC / notebook type device, so my recommendation is Electrum. Install it and let it sync a couple of minutes (it will not download the whole blockchain, only a couple of blocks) and then withdraw the coins. If you like a mobile wallet more you'll find a lot of good options on the bitcoin.org site.

Then you need an exchange to exchange your coins to fiat. This depends on your country. Binance is the biggest one and supports lots of countries, but it had some issues lately, so I wouldn't use it for big amounts. If your country is supported then Kraken is a good choice.

Another recommendation: Don't use PayPal to withdraw Bitcoin. They support it but sometimes there have been issues with payments from other persons/services.

This is a good advice.

Just wanted to add for OP, never use banks on withdrawing your Bitcoin or even big fiat that you've earned via Bitcoin, they will just question it or they will instantly froze your account. Only use local exchanger, I bet there's one in your country, or if you don't have it, look for some alternative, like the P2P in Binance, maybe if it works on you.
1255  Economy / Gambling discussion / Re: If your friend would tell you this... on: December 31, 2022, 12:59:50 PM
I'm going to accept this offer only if our relationship will be the same even if the result is not a green.
You can enjoy more without feeling any pressure with you both agreed on this.
Gambling is not guaranteed though even if you think you are good on a specific game, so better not to accept the offer easily without clarifying this one. I didn't experience this one yet, but I hope my friend can trust me that much and allows me to use his money for gambling, it takes a lot of trust.

I very much agree with this.

Before accepting the offer, it must be clarified first that the agreement includes all the possible outcomes of the gambling betting and plays. There must be a clear agreement of accepting whatever the results may be - whether positive or negative. This is because the friendship is the biggest at stake here aside from the fund that will be risked.

It's much better or should I say that it's the best to make a move after laying all the terms first. Trusting someone is tricky as hell nowadays. If you have a friend that is willing to entrust you his fund and be okay with whatever the aftermath will be, you have such a good companion.
1256  Economy / Gambling discussion / Re: Responsible gambling on: December 31, 2022, 12:30:41 PM
Nope. I'm pretty responsible myself so I don't really see the need to set one up and if ever, I have my friends and family that would pretty much remind me if I ever end up spending too much. I usually ask (force) them to listen to me doing a kind of finance report by talking about my gambling experience for the month so that they can judge whether something is going terribly wrong and that I should adjust my mindset or what I'm doing.

I've tried self-exclusion, but not responsible gaming (or whatever feature). Self-exclusion is actually pretty useful but it still needs you to be able to control your urges, since it doesn't exactly stop you from creating a new account to gamble with.

It's good that you are aware of your gambling habits and is finding ways to adjust yourself for the better. Doing self-exclusion could really be beneficial to oneself, however, it still has its limitations so you shouldn't rely on it that much and instead work on yourself using other ways to help you heal completely and get out of your addiction such as undergoing therapies and consulting professional help.

Being accustomed to bad gambling habits will just keep you be addicted all your life unless you decide to take a break and cut the cycle. Doing your report thingy could help you eliminate excessive gambling in your system and I really do hope you'll be able to overcome it with your own pacing.
1257  Bitcoin / Bitcoin Discussion / Re: when did you receive your first bitcoin? on: December 31, 2022, 08:14:27 AM
January 2017, if I'm not mistaken. It was my first salary from a bounty that has signature campaign as well. I was so happy that time because all the sleepless nights finally paid off. Bitcoin's price way back then is so little compare to what we have now, that's why the amount in Bitcoin in every salary is big. I will never forget the feeling when I received my first Bitcoin, that's what keeps me going.
1258  Economy / Economics / Re: Passive Income? New Start-Up Would Pay you to Share Personal Data on: December 30, 2022, 02:47:20 PM
Quote
The startup, Caden Inc., operates an app by the same name that helps users download their data from apps and services—whether that’s Amazon.com Inc. or Airbnb Inc. —into a personal “vault.” Users who consent to share that data for advertising purposes can earn a cut of the revenue that the app generates from it. They also can access personal analytics based on that data. The idea of giving consumers a cut of whatever brands might pay to reach them isn’t new, but it has been reinvigorated as outside companies have found it harder to harvest and share so-called third-party data. The digital ad industry has been seeking new sources of the consumer data that guides online marketing efforts as traditional tracking techniques have come under pressure. A new Apple policy last year requires apps to ask permission to track users, for example, permission that many people have declined to give.

Would you share personal your data to an ad company for a pay? The data will be used for advertising purposes where you can earn a cut of the revenue that the app generates from it. This data would include- what you buy or watch on your mobile device. For instance, a user could consent to sharing his ride-share history so advertisers could create segments of people who ride a certain amount. That would eventually pay consumers up to $50 a month. Can you do it? Could this be considered as a passive income?

News Source




I wouldn't even do this even if this is my last resort to earn money. Personal data is meant to be shared only if it is needed, but the other party of course is legit and know what's the law regarding about privacy in this matter. Don't share your data especially online just for some few bucks, because the consequences later might be more expensive than that, be wise.
1259  Economy / Economics / Re: People have learned about money printing on: December 30, 2022, 12:08:13 PM
Government and central banks can't print money all of the time, because it will affect the economy, what I mean is too much money circulating in the economy could trigger inflation, and the other way around. In order to gain a lot of cash, you are the one responsible, if I'm not mistake, because parents should be the one earning money to provide their kids needs and wants, not the fiat printer.
1260  Economy / Trading Discussion / Re: copytrading on: December 30, 2022, 02:27:27 AM
No offense but copy trading for me is like burning your money with someone else idea on how to "make" profits in trading. But if you really want to try it, then go ahead. In my opinion, I'd rather slowly make profits in spot trading, buying low and selling high, little by little but sure profit. Then I'll go ahead in futures, to level up the thrill and profits, but of course you have to prepare yourself, study more, to avoid liquidations as much as possible.

But to be honest, you'll need a lot of money in trading before you could make a lot of profits because of experience.
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