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1301  Economy / Trading Discussion / Re: Binance lots of FUD on: December 16, 2022, 01:56:16 AM
FUD(s) are just rumors if they don't have proofs, and don't store your money in an exchange no matter what, especially when you're in doubt, simple as that. Binance is a good exchanger, I must say that, but it is important to always know how much you're willing to risk by trusting them on your funds, because everything might gone wrong, that's why don't get too comfy about your funds are safe in any exchange, because it's not.
1302  Economy / Gambling discussion / Re: Cock fight game on: December 14, 2022, 06:35:08 AM
Yeah, they're not allowed to participate and enter the gambling premises. Whether it's cockfighting or any type of gambling activity, it's part of the public official's oath that they shouldn't engage in any type of gambling activity or else, when they're reported, they'll take a sanction.
That's for sure but it can't be stopped if there are police officers that are still gambling no matter what the rules and oath they've taken, if they're a gambler, they'll always be a gambler.
Those kind of rules are incredibly difficult to enforce as it is not as if those which due to their profession cannot gamble will actually tell everyone they are doing it, another example of this are athletes which are not supposed to gamble on matches in which they participate, with some leagues asking to not even make any kind of bet on the league or the sport at all, and yet we get to know many examples of this over the years, and those are only the ones which are caught as most likely there are many athletes which break the rules and we never find out about it.
It's part of their oath and I think that they have to accept it but we're also sure that many of them break that rule and oath that they've promised.
I also a lot of those officials that have been involved in gambling and mainly in cockfighting because it's one of the most popular type of gambling in here.
In some gambling houses, I've seen that there's a poster that they're not allowing anyone that works in the government to enter and to gamble.

Government employees aren't really allowed in most casino houses because of their line of work. Even Government officials are prohibited in most places that involve gambling and other sorts of activity that might be associated to such. This is to maintain their reputation clean. They also took an oath before sitting in the position to actually prioritize the public welfare instead of their own interest. Hence, they must abide by it. It's improper to see them gambling because the people might think they are not doing their job and they possibly are using the citizens' tax for their vices.

Reasons such as maintaining the reputation and posing to be a good role model to the constituents are enough reasons for them not to engage in gambling for whatever reasons they might have if they want to. It's a form of self-respect and respect to the people who trusted and elected you as well as to show them that your intention is to serve, and not any other else.
1303  Economy / Gambling discussion / Re: gambling techniques on: December 14, 2022, 05:57:24 AM


And the chance of losing money is more possible than making money from gambling, come to think of it, if it's easier to make money or if there's a real strategy that will work for long, why we keep seeing more new casinos? if the chance for gamblers to win is higher, we will see more casinos to close out and be bankrupt, but what we are seeing now is the opposite.

The idea of being entertained might allow you to enjoy even you lose your money, though there are some cases like experienced gamblers manage to collect a decent amount of money using their strategy.

I mean few and not every time they will manage to win, they just know how to stop to avoid losing a lot.

This is really true. The odds of making huge money through gambling is very slim. /so if you want to make it as your main source of income, think twice now. The risk gambling possess is great because the winning probability varies from what type of game you are going to play, your strategy, your knowledge about the game, and the rate of return to player of the house. It can be a source of additional income or be somewhat your side hustle, but really dangerous to mainly rely on it for a living.

If you want to be entertained, then go gamble. Just know the repercussions of every decision you will make. Never ever risk what you can't afford to lose to avoid regrets and heartaches.
1304  Economy / Gambling discussion / Re: turned gambler after investing in BTC or investor turned gambler? on: December 14, 2022, 05:19:05 AM
Quote
Which one has a high possibility of happening, a gamer eventually becomes a gambler or an investor turns into a gambler?
But first, answer the poll which is you. Are you a gambler that become an investor or an investor that turned into a gambler?




It all depends on one's goal and purpose in crypto. I was once just a gambler and I was influenced by my colleagues to gamble. I was using Bitcoin to bet but when the all-time high happened last 2017, I got curious and I invested in Bitcoin when the price dropped. I never thought that I would be interested in it aside from gambling. From then on, I have seen the real importance of Bitcoin and decided to save and invest in it. My purpose before was just to win Bitcoin by luck but I have switched to investment and just waiting for a good profit when the market recovers.

This makes sense. You can be in it initially for gambling, and turns out you want to invest in it because you've seen its value. It's good to know that you managed to turn your gambling habit into something more beneficial to you and is profitable in the long run. Although gambling once in a while as a breather isn't a bad idea as well as long as it is done in moderation and responsibly. There are many people that belongs to the choices and there are also people who would like to be excluded and label themselves using other terms.

But the main point I see in this is that regardless of how you turned to which, you should know financial literacy. You must be equipped with knowledge about risk assessment and management and you must have a strong self-discipline in order to do good in your chosen path.
1305  Economy / Gambling discussion / Re: What would be an ideal KYC solution? on: December 14, 2022, 04:43:15 AM
This is quite smart and would be possible. It would be interesting to see how the casinos would battle an influx of fake documents... This would most likely create another completely opposite industry (e.g. software to detect fake documents).
Maybe falsification of documents to verify gambling accounts can happen. Still, it won't happen forever because the casino will look for ways to prevent it. Maybe later, there will be face identification of each gambler so that the casino will know that the account owner is really valid. We have seen that some exchanges are already doing face verification and this may also be implemented in casinos that want to have real members with the documents they have.

Some people still do falsification of documents because some casinos' security isn't tight yet regarding this matter. This is the reason why some underage people are able to make an account despite the age limit stated on the TOS of the casino. Although most likely in the future this will also be resolved since the technology is now advancing continuously. Precautionary measure such as KYC can limit the illegal activities that could be done inside the casinos. It also serves as a good way to verify the identity of the person making an account, but as of now there are loopholes such as the aforementioned that needs to be addressed.

Some exchangers are indeed doing face recognitions before you can successfully make an account. This is to verify that you are really the holder of the identification card and it is not just stolen or bought from someone. This might be implemented in casinos too if they will prioritize security and exclusivity of their site to those who can only pass the requirements needed to open an account.
1306  Economy / Gambling discussion / Re: Can you still win with free spins? on: December 14, 2022, 04:00:20 AM
Making a free spin nowadays has plenty of rule and terms and conditions that is backing it and we won't be able to make a big winning from a free spin since different casinos do set a limit. I don't think we could make a lot of money from a free spin. Since the tittle has really explain what it means and shows that we it could give us some few dollars but can't make us rich.
There are some casinos that likes giving free spin to new users especially after there first deposit which look like a way to make there new users to become attracted to the casino mostly when they win some dollars with the spin.

Indeed. You can't really win big in free spins because from the name itself, it's just free. Why would they bother to give you a huge amount of winning prize if you didn't take so much risk, right? So, they will just set a specific limitations that you could possibly win for them not to be on the losing end. And they are most likely to give free spins to those players that will deposit a certain amount. This is to entice the players to make a deposit and play to win "free money" which isn't technically free.

Although certainly, you have to wager before you can withdraw your winning. In this case, you must assess if it's worth the shot to wager a minimum amount just to be able to withdraw your winnings. Because if ever there are people who win big in free spins, the chances are they are most likely paid or sponsored to promote the casino to encourage people to try and play.
1307  Economy / Gambling discussion / Re: Why every casino got bad habits? on: December 14, 2022, 03:25:50 AM
If you have a look at the scam accusation section, you will find that no casino has a good reputation there. Each and every casino which has their ANN thread here, has at least one complaint against them; sometimes confiscated funds, delayed withdrawal, not paying the winning, freezing account etc. Why this is the principal of all the casinos? Why they can't operate without having any issues? They always do this shit; who knows what has been done with people who don't know how to deal with such a casino. Can you show me a thread that never had any reputation issues on this forum?

There's no casino that don't have an issue even just a minor one. Every casino have their own fair shares of shortcomings. This is why you will see in most threads that there are complaints or suggestions about their quality of service, customers' concerns handling, and the user acceptability of the interface and navigation of the website.

Every user has their own expectations as well in gambling website they are playing to. They have standards that has to be met in order for them to be satisfied about the service and overall features and quality of the website. Since we can't really please everyone, it is already expected that there will be negative comments and there will be criticisms. Reputation is one of the things the casinos are prioritizing. It's good to have threads where players and potential players can converse because they can see the unbiased side. If ever you'll see a thread that has no complaint and totally clean, most probably they are deleting the feedback of the people. That is you should be wary of.
1308  Economy / Gambling discussion / Re: My concern of security when using casino houses. on: December 13, 2022, 03:20:12 PM
That's right, even in the parking space. there are still casino security or even outside of the casino's itself. But then again, you know that risk when you go outside by yourself, you need to be self aware of your environment and think that there is someone that is following you then take steps or maybe not go home right away. Perhaps stay inside the casino hotel for good measures before you go home with big money. But then again, with this kind of incident, case that the OP link is separated the individual is looking to hurt other people regardless of the place or venue.
If you earn a big sum of money when you are gambling at a physical casino then you can ask a member of their security staff to accompany you to your car, however once you leave the parking lot of the casino you are on your own, and as we know there are many criminals that are always trying to see if there is anyone that has won a big amount at the casino to rob them, however this is getting less and less common as many casinos no longer give prize money in the form of cash and instead they send you a wire transfer, and in that way you no longer need to be as afraid as if you were carrying the cash around.

I agree with this. You could ask the casino's staffs to escort you out of their establishment and accompany you to your car. Or you can just hail a cab on your app to safely go home. However, always be careful because it's really true that the bad guys are just waiting for the perfect timing to get into you. They are always looking for your vulnerable time so always be on your guard. Always check the surroundings before leaving the casino. Check whether there's someone suspicious outside waiting for you. If you happen to spot one, the best possible thing you could do is to ask a friend to give you  a ride home.

Nowadays, cash as prize is seldom given to the players due to security reasons inside the casino and outside the casino. If you are going to a small time casino that only gives cash as reward, just always be careful the moment you get out  whether with big winnings or none. Because the criminals cannot really distinguish easily which one has big amount of money, they are targeting players leaving the casino premises in general.
1309  Economy / Gambling discussion / Re: recommendation for gambling platform on: December 13, 2022, 01:13:38 PM
Everyone has the signature that we promote and OP can just refer to it as part of his choice. Like mine, BK8 if he wants to check it out, he's free in doing so.

Just like any other casinos that are also in this thread and section. OP and everyone has got a lot of choices based on their likes but I agree that there's a need to do a background check if OP or someone here is looking for a casino to gamble with.

That's very important and majority of it has their own respective announcement threads to refer for feedbacks and reviews.
At least, people who see the signature can look at the casino's ANN to find out which casino they can gamble at. But they still have to research the casino they want because one person after another will have a different casino to gamble at.

In gambling, we need to find comfort while we are gambling and that means we have to find and try the casinos one by one until we can find one that fits what we want. Don't just follow someone else's advice without doing more research to find the casino.
Yes.

They still have to research before they choose. That's why choices are there and they've got a bunch of it and they can look at the experiences of others being posted on their respective anns.

And that's why there's fairness on this one and OP just still have to take what he thinks are good for his own standard in choosing.

Not every casino that runs a signature campaign is automatically counted as legitimate. There are campaigns which can suddenly vanish if it is intended to just promote and scam people along the way. So, it shouldn't be your number 1 standard in choosing a casino because you might end up disappointed once you got caught up in trouble.

It's a good thing that there is a forum like this to ask help and suggestions. Advices and recommendations are given by the members here based on their knowledge and experience that can possibly help a fellow member in need. It's good that OP asked, however, he should be reminded that not everything written here are all correct. The reader must still do a background check and verify the information provided to be sure if it is factual and beneficial. After all, we are still our own responsibility. We shouldn't just rely being spoonfed.

1310  Economy / Gambling discussion / Re: turned gambler after investing in BTC or investor turned gambler? on: December 13, 2022, 11:05:28 AM
This is just a question got from someone I hangout with yesterday when I introduced her to investing in BTC. She is 50+ but managed a busy small hotel and has a son who had been playing games on the computer all the time. After some discussion, I advised her to just remind the son not to gamble the BTC.

So she asked how I end up gambling online. I'm not totally a gambler at all, I started investing and somehow stray as I'm trying to win some.
She began to worry since her son is on the computer all the time and might gamble upon learning the BTC can be gambled.

Which one has a high possibility of happening, a gamer eventually becomes a gambler or an investor turns into a gambler?
But first, answer the poll which are you. Are you a gambler that become an investor or an investor that turned into a gambler?

I am neither of the two mentioned. I'd like to label myself as a risk-taker rather than a gambler.

The moment I learned about crypto, I decided to take a risk in it because who knows, it might be worth the shot. And it is. You just have to have a good self-control. Discipline is a must in investing and trading. Most especially in gambling if you're going to make it as one of your source of income. This is why it is important to know the pros and cons of risk taking and gambling in general. You must know the basics such as how to analyze and assess, how to make a strategy, and the likes to have higher chances of winning.

However, it is not really advisable to make gambling as your main source of income. It should just be your way or outlet to release stress. And if ever you really will insist to make a profit out of it, you should be ready for the consequences.
1311  Economy / Gambling discussion / Re: What would be an ideal KYC solution? on: December 13, 2022, 08:09:16 AM
There is no solution.

Centralized Casino always required you "KYC", never believe any casino who offers you "Without-KYC" from Centralized Casino. A casino who offering without KYC is always Decentralized CASINO while the type gambling is on-chain gambling (Using smart-contract without any developer touch). But the problem for Decentralized Casino, we really have limited gambling game (Most the time, Dice-chain or Lottery).

Always be ready for "KYC". My advice, play on casino who have higher minimum withdraw for required "KYC". Example like "Stake", I already tested withdraw 10,000$ they not ask me KYC.

Most of the casinos nowadays really require a KYC because they are being regulated by the government. In this case, you'll know that they are already in centralized manner. Most casinos are like this because they have to adapt from the changes, otherwise, their operations might put into halt if they won't follow the authorities. Although yes, there are still casinos which do not require such. However, like what you said, the games are limited and they are only a few of them left as well.

There are also casinos who claim to having no KYC but on the latter part when you are going to withdraw your funds and prizes, they'll hold your account because you have to undergo the verification process. In this instance, you should be careful on where to play and where to sign up because you might be surprised at the end of the day.
1312  Economy / Gambling discussion / Re: Two Gambling Stories on: December 13, 2022, 07:23:00 AM
First of all what I say is the essence of this story, and I speak in general terms. what you say I totally agree, that the woman should get at least a bigger share of the stolen money then returned by her boyfriend. even so, I don't forget to include, both the girlfriend and the boss have their respective claims on the winnings from the betting results of these two people. although it felt a little off, from the apprentice boss's side. however, we do not have any more detailed information to draw any conclusions from.

I'm not sure a boss would ask for half of his apprentice's bet winnings if he didn't have a hand in his bet. like the first story, only in this case there is no more detailed information.

so, I conclude in general. the essence of this story is the money factor, and because the money won from gambling makes the people involved in this story part of greed.

On the girl's case I think we both agree that the girl should get at least half of the winnings after returning the stolen money.

While on the boss and apprentice case.. I believe there is a story behind it.  In their village, once a person undergoes an apprenticeship, his boss will be responsible of the apprentice's needs in return for the boss having the authority over the property of the apprentice during his stay.  The bet and winnings happen during the stay of the apprentice under his boss.  In the logical understanding of the agreement between the two.  The money, the apprentice won should be the property of his boss given by the scenario explained earlier.  It is a generous part of the boss to settle 50/50 when in legal terms, it should be the boss's property.

It's really justifiable that the girl would get some of the winnings of his boyfriend because it is her money to begin with. If it weren't for her fund, then the guy won't probably win that kind of amount. It's also a form of token of appreciation for her if ever the guy will give her some wholeheartedly. It shouldn't even be an issue if they are really comfortable with one another and wants each other to be successful in the future together.

Money matters should really be talked upon. Agreement not only verbally, but written with the presence of a lawyer is essential most especially if the amount involved is big and you can't afford to lose it. Money can be a source of greediness so we should always be careful on who we will trust.
1313  Economy / Gambling discussion / Re: Are there any Live Casino In world that Accept Cryptocurrency and pay in crypto? on: December 13, 2022, 06:16:04 AM
I was wondering today that if there are casino that started accepting crypto as payment and if someone wants to payback in crypto, are there any casinos available.
According to me I have not heard anything yet but in future this might happen cause when crypto adoption will come than we might see these Casino bosses to accept crypto and other alts.
What are your thoughts on this?

As far as I know, physical casinos aren't accepting crypto payment just yet because of the process it will take them to establish such. I guess it isn't the priority yet of the casino owners since most casino players and goers are still comfortable with paying with actual cash or thru their debit or credit cards. But if you are referring to online casinos, there are already numerous sites that accept crypto as payment method. You can search here in the forum to check for it. I know there's a thread already about it.

Casino adopting crypto as payment method isn't impossible. It's most likely to happen in the future especially due to the reason that blockchain is becoming more widely used and crypto as payment method offers a convenience for those people who have coins stored in their wallet they can easily access anytime and anywhere.
1314  Economy / Economics / Re: Use your money wisely. Invest or Deposit ? on: December 10, 2022, 05:34:23 PM
Now you have $100,000 in your account, pure savings, and you don't need this amount of money to cover your daily expenses. Obviously it's good/free money to use at will. Let's say if you deposit the money into a bank and the annual interst rate is 3%, you will get a steady interest income year by year. If you use this money to buy Bitcoin, let's say the BTC drops to $17,000, you'll buy less than 6 Bitcoins. In the long run, what would you do with this money ? And why ?

I'd say I'll use the $60,000 on Bitcoin and the rest are for emergency fund, just in case some emergency happens so I wouldn't sell my Bitcoin. It's important to have another choices, not just one, because if you only have one, you'll be force to do whatever it takes to solve a certain problem that might not against your will, and disappointment, regrets will come after, and you don't want to happen as much as possible.
1315  Economy / Economics / Re: Have Satoshi dream failed? on: December 10, 2022, 03:38:36 PM
Taxation is normal, unlucky you if your country put too much tax in everything. It helps a lot in the economy, sadly if you have a corrupt government, saying taxes will be spent on developing your country is just a joke. But taxation doesn't failed any of what you have mentioned. Bitcoin is very successful since it was released on the market, imagine it's price reached up to $68,000 is already a solid proof that Bitcoin proved us that it is way more powerful than the fiat.
1316  Economy / Gambling discussion / Re: Do you have Lucky Casino? on: December 10, 2022, 02:49:32 PM
If by lucky you mean, a casino that favors your options, then by all means I think everyone who gambles should have one. After all, it is the experience one has from one that he/she uses for another. A newbie in the casino world may not understand clearly the distinction between having a lucky casino and actually trying out several others to learn along the way, but after trying out all, he/she would without an element of doubt have one that favors them the most. Either the bonuses, rewards or features are compressive enough to stick with or other reasons bothering on how the app runs on ones phone, for online users.
Majority of the users could be having the lucky caisno. People just find it to give them better winning probability and this makes them go deposit and play on the specific platform. Luck favours, but the same shouldn't be expected to happen all the time or forever. When we keep on going we'll understand, at the end gambling house will be the winner.

I don't understand with the majority of users having lucky casino. if for the most favorite casino yes, we have it.

as far as my experience and what is called luck, until now there is no formula. so, most likely it is just a mere coincidence or suggestion that affects our thoughts and feelings. in essence, playing in any casino is the same. when luck is not on our side, defeat is inevitable. It should be noted, playing gambling games based on luck. our chances of winning that big win, the probability is very small.except, if luck is on our side.

imagine, there are many gamblers who play the same slot game. and we, are competing with other gamblers to get good rewards let alone hope from free spins. so basically, we are trying our luck with ourselves. however, from a reward standpoint. a type of luck-based gambling, offering unique rewards. if we are lucky, the prize is fantastic. and finally, it is the luck factor that determines it.

While it sounds ridiculous, some people really do have lucky casinos. This is because these people believe in luck so much to the point that they attribute all the good things that has happened to them or will happen to them with casino being lucky for their gameplay.

We really are the ones who are trying to get the best shot of odds in risking. Our fate is our own nemesis. Hence, we should always expect the unexpected. Relying so much on luck won't do any good if you are stupid at making risk assessment and analysis.
1317  Economy / Gambling discussion / Re: Gambling Distortion Pattern on: December 10, 2022, 02:06:09 PM
Slot game will have a minimum bet of 3 dollars. In slot game we had a opportunity to get back the loss money. If we keep continue the work,it essential one to recover the loss. This is possible only by using the slot games. You should have a backup money to play the game continuously after the loss. You should have a mindset to play the next game after the loss of funds.

This is such a dangerous mindset.

If you will condition your mind to chase winnings after losses, you are most likely to lose than to win. This is because your mental headspace and capacity after a loss is not enough to handle any more stress and pressure that could lead to losing.

Even if you have enough fund, it isn't really advisable to bet based on your emotions and loss as your driven force. It's one of the great recipe for disaster IMO.
1318  Economy / Gambling discussion / Re: Cock fight game on: December 10, 2022, 01:28:28 PM
For whatever reason, those who torture animals must have psychological problems. I think we should get them treated and keep them out of society unless they show signs of improvement. We cannot tolerate such bad behavior because of the option to gamble. I am ashamed that a topic like this exists.
I have heard about making fun with animals in many places, but I did not know about organizing gambling by creating artificially pampering situations with them. But the world is diverse. Constantly having to get acquainted with something new. Gambling is a part of entertainment. Any animal harmed as a result of taking recreation is unacceptable. Moreover, various types of tools can be used for gambling. But there is no meaning in gambling with the threat of life.

I very much agree with this.

Way back, I was really oblivious about the abuse on animals because I just don't mind about something that doesn't concern me. But on my formative years, I learned how to be empathetic and being one doesn't necessarily mean you are weak or you are emotional. In gambling, it shouldn't really be about fighting off animals amongst themselves who can't even give consent.

Cock fighting often results to death. Not only it damages the game cock for some time, but it is really fatal. And I don't think it's ever justifiable to have an animal killed by thinking of surviving by fighting off their own kind just for the sake of bets.
1319  Economy / Economics / Re: House is a forced saving on: December 09, 2022, 01:50:39 PM
House is very important, I think the only houses that are soaring high are those who are inside a subdivision or a village, but if you really wanted cheaper, I think buying a lot and then build your own house is much better, at least you're sure about its quality and you'll be satisfied about the design. Rather than renting, which cost you monthly, in the end, you still doesn't have a house.

It's much better to sleep without worrying about your rent bills not getting paid on time sometimes. Also if you're gonna settle down, owning a house is a great one.
1320  Economy / Economics / Re: Only one way to save people now on: December 09, 2022, 12:30:50 PM
People will always love banks and fiat no matter what, they can't just simply love something that they didn't even know exist, or how it works. All they know is that cryptocurrency is a scam because how come that is has a very big value, etc. You can't force them to invest in bitcoin rather than letting their fiat sleeps and stolen in their bank account, because they will just blame you if they didn't like the outcome after they bought bitcoin or any cryptocurrency using their fiat.
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