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861  Economy / Gambling discussion / Re: How do you handle long shot bets? on: June 19, 2023, 04:43:20 PM

If someone comes with the intention of winning gambling, then they will chase defeat and that makes them more stressed. Instead of winning they will get instead they will get defeat, because they will always want to return their losses.

Intention of winning is normal on gamblers or else you should stop playing right because you will just waste money on gambling while there’s a lot of source of entertainment out there that doesn’t involves risking of money. Chasing profit is probably what you are referring and not the intention to win because they are different.

For me, I usually play when my mind is very clear so that I will not be greedy on increasing bets to win quickly. I stop gambling immediately when I already feel that I’m already uncomfortable on betting same amount while my game has a very slow progress.
862  Economy / Gambling discussion / Re: A discussion On Too Much Gambling Addiction Topic on: June 19, 2023, 03:07:23 PM
According to what I have read so far it seems like users are not happy because of two reasons:
  • The possiblity of newbies getting scared to even try out gambling or stop gambling totally because of what they read here in the forum

A newbie that will search for gambling here in the forum is not a total newbie in real life. Many high roller player has a low rank account because they don’t post frequently and some whale join here once they have concern. We are just making our forum stricter by giving making this gambling discussion a big deal while gambling discussion on reddit is full of this topic without any complains by other reddit user.

  • Spamming

It can’t consider too as spamming since this kind of gambling addiction topic often times being flooded immediately by sports thread. You can count only 1 to 3 topics like this per page when we browse the gambling boards.

Users just notice the increase of topic like this but it’s not on an alarming rate to the point that it already dominates a single page on gambling section.


This is my current view right now on list of threads here in gambling discussion. I don’t see any sign of bunch of addiction thread in there.



863  Economy / Gambling discussion / Re: Gambling, investment, stocks..... on: June 19, 2023, 12:14:03 PM
Since gambling companies are registered companies, is it possible that they have stocks? Is there anyway to invest in a gambling stock? Or let's say gambling related stocks? I am thinking that if this is possible then this could be one of the ways to get the best out of gambling and investment, I can't help but think that most gambling companies in the U.S are almost successful, only little to none run of out business in few years, gambling is a lucrative business, so I need answers if this is possible. Thanks



Some casino have stocks but not all them since casino usually composed of rich people financing the casino bankroll.

On the other hand, You can invest on asset like this on crypto by purchasing casino utility token such as BFG, RLB, FUN and OWL. All of this token is from a casino which use it as a reward and shares some casino profit through buy back and token burn to boost the price. Online casino is already gaining trend pver Physical casino.
864  Economy / Gambling discussion / Re: Success or Fail? - Talking about Gambling as a major income on: June 19, 2023, 11:48:42 AM
Some gamblers have already achieved this as a success with gambling because they depend all their earnings source from it and they have developed many means through which they source out this income in gambling, it doesn't matter the nature of what we do to earn some income as far as it's a legitimate means or source, if you're able to cope with that with paying your bills and other demanding needs then it's a success but if not, there must be an attempt to make some additional means while it's a failure to have depended on it alone.

I am not sure if there are seriously anyone with such high success in the world of gambling but I do know that they earn from gambling in an indirect ways. For example, making live streams about the gambling, making youtube videos about their events they played, showing slots on live streams over various social platforms and thus earning money from the majority of the social media advertising platforms.

This is true, Only those using gambling for their other source of income is the only way you can only have a consistent income when gambling is involved. Streamers earned a lot from the partnership and their affiliate commission so their personal game losses is almost nothing compared to what they are earning.

Even professional poker players still struggling to have a consistent win and only few of them is on the profit for their overall bankroll. We can win or lose in gambling so it’s impossible to be consistent on this kind of game.
865  Alternate cryptocurrencies / Altcoin Discussion / Re: Avalanche is NOT listed as a security (SEC) on: June 18, 2023, 04:50:27 PM

SEC doesn’t consider Avalanche a security because Avalanche is a decentralized coin


This is 4 or false information. Being decentralized or centralized is not a classification for being a security or not. SEC determine a token as security if there’s a profit involved when they offer the token or simply it works like a stock token that profit sharing to all share holders.

SEC use howey test to determine if the token is security or not which the criteria will put most of the cryptocurrency is indeed a security.

Quote
Under the Howey Test, a transaction is considered to be a security if it meets the following four criteria:

Money is invested.
There is an expectation the investor will earn a profit.
The investment is in a common enterprise.
Profits are generated via the efforts of others.
866  Economy / Gambling discussion / Re: Success or Fail? - Talking about Gambling as a major income on: June 18, 2023, 03:05:56 PM
Have no idea your educational background and no interest. You need improve your reading skills. Or just waste your time here. I got no problem on 'luck is totally random'. And I do not say anything on that. My point is professionals 'know-how' 'deduct' 'the influence' of bad luck. Simple words. Bad luck can happen to anyone. Ordinary people like you will lose all your cash at hand if you gamble that day. Professionals get the same bad luck, they may lose 10% of the cash at hand. Whose brainpower need to improve now? This is the last time I response on such useless post. Have a good day.

But how do you determine if someone is a pro or not on game that is based on luck? It’s either they are just lucky on guessing or they have a good bankroll management that makes them stay on the game without being busted.

Bankroll size and management is the greatest weapon if you want to stay in gambling longer but there’s really no guarantee to have a consistent profit as source of income since you already said that bad luck always come. At some point. These professionals will encounter it and bust them even after their long winning streak.
867  Local / Pamilihan / Re: narinig ko lang (FOR DOTA 2 FANS/BETTORS/ETC) on: June 18, 2023, 02:58:01 PM
Odds boost or Free bet ulit basta hindi required ang KYC kahit hindi masyadong mataas ang halaga ng rewards. KYC talaga ang isa sa mga burden para sa mga crypto gamblers lalo na kung sobrang liit ng reward. Ang Bitcasino ay namimigay ng 20USDT worth of free spin every week na walang wagering requirements para sa mga KYC verified players.

Sana taasan naman ng Bitsler ang rewards kung gusto talaga nilang may sumubok ng kanilang promotion dito sa local natin. Sobrang baba ng 5$ para mag KYC sa casino which is available naman yung offer nila sa ibang casino na walang verification.
868  Economy / Gambling / Re: ✨ BITCASINO - Elevate Your Gameplay 💎 #1 VIP Crypto Casino ✈️ on: June 17, 2023, 04:20:04 PM
I hope everyone is having a good time like me, Just hit a 10 win streak on Blackjack which I’m dumbass enough to not check if my screen shot really work.

Join the weekends tournament for a chance to win USDT and free spin. It will give you more score when you use AvatarUx slot games to farm points fast and enter the top 100. You can use the link for the tournament https://bitcasino.io/tournaments/2023-06-16-the-weekend-rush?ref=bctelegram

A question on @Bitcasinosupport, Why does the captcha is not appearing immediately during sign up. It only appears right after I click login then a warning will appear at the same time with captcha. I have an Authenticator verification which makes me a little uncomfortable since I will repeat the process once the captcha appear. How to solve this delay captcha issue?
869  Other / Beginners & Help / Re: Does ranking not guarantee post quality? on: June 17, 2023, 04:13:59 PM
I know for sure there will be a lot of comments that blaspheme me. I may be a newbie but I know that a post has value and a good argument. Maybe I haven't read all the threads, so I have to ask about my statement, that many high ranking members have low quality posts? talk nonsense and have no clear arguments. Is my statement correct?

There’s an airdrop merit or users that reach high rank before merit system was introduced so there’s really some high rank member that doesn’t post quality like those high rank members here that climb to the rank through earning merits.

With the new merit system, New generation high should guarantee post quality since merit is very hard to earned except for this users that participate only on the forum contest that usually gave a generous airdrop.

What’s the issue with this? This is a forum. Someone excel and some is just mediocre but we are all united because of our interest with Bitcoin not with our post quality.
870  Economy / Scam Accusations / Re: BC.GAME trying to SCAM BLATANTLY!! on: June 17, 2023, 02:10:54 PM
You should read their ToS completely especially the AML policy. You deposit and place 2 bets after you deposit then withdraw. You will probably trigger their security for a suspicious mixing using their casino. Most of the casino has a wagering requirements for the deposit before you can withdraw it. Failure on completing before withdrawal will surely trouble you to do KYC because you demonstrate a money launderer like activity.

Just do the KYC because that’s their policy. You should know that if you read the ToS before you deposit especially a significant amount.
I have read their ToS and I have not broken any rule whatsoever. I turned over my money and I even was able to successfully withdraw 1770 (part of my deposit)
They now ask for KYC but there is no option to upload KYC documents anywhere because they have disabled it too!

Yeah, You withdraw part of your deposit but still you didn’t complete the x1 wagering requirements with your 2 bets since you will need a final balance of 4K USD in able to do that since your balance is still short while you have few bets. This is just my opinion, they hold the remaining balance you still didn’t complete the wagering requirements for your total balance while you are withdrawing the rest already.

Also, Your screenshot shows that you didn’t reply right the live support became online. Do you contact live support after that first attempt? They might overlook your concern since you posted your issue before the live support attend to your case.
871  Economy / Gambling discussion / Re: Categories of Unrealistic Sports Betting Expectations on: June 17, 2023, 11:58:29 AM

The first category is composed of sports bettors with a $1000 bankroll who hope to make $100,000 by the end of the year. In what universe do they think this is possible? Such expectations are unrealistic and only occur in the lottery, not in sports betting. Even in sports betting, it would be a chance occurrence, happening only once in every 100 bets. A more realistic expectation would be to aim for increasing their bankroll.


Turning 1000$ to 100,000$ is not impossible because it just x100 from base bankroll. A forum user managed to do that already by playing only sports betting. You can refer to the quoted post below. His post is not bullshit because you can see that he really have a huge bankroll and involved in extreme sport betting if you browse his post history.

I’ve turned $1,000 into $100,000
I’ve turned $6,000 into $80,000
I’ve turned $11,000 into $550,000
and recently I’ve turned $4,000 into $90,000


This possible but it’s very hard if you think about it.
872  Economy / Scam Accusations / Re: BC.GAME trying to SCAM BLATANTLY!! on: June 17, 2023, 11:51:48 AM
You should read their ToS completely especially the AML policy. You deposit and place 2 bets after you deposit then withdraw. You will probably trigger their security for a suspicious mixing using their casino. Most of the casino has a wagering requirements for the deposit before you can withdraw it. Failure on completing before withdrawal will surely trouble you to do KYC because you demonstrate a money launderer like activity.

Just do the KYC because that’s their policy. You should know that if you read the ToS before you deposit especially a significant amount.
873  Economy / Gambling / Re: Blackjack.fun |20% RAKEBACK TO ALL|SLOTS|SPORTS BETTING|70% RAKEBACK RUSH HOUR on: June 16, 2023, 04:38:02 PM
I think avatar thing could make it unique if it goes down that road and it could basically give people some personality in there, even though we do not know who everyone is, we could at least know "who" they are that way, I highly love that because it allows me to not give my name but show what I like, and that means people could make predictions what type of person I am based on that, not fully but at least insight into my soul a bit.

Avatar on Blackjack.fun is randomly assigned by the admin based on the name or characteristics of the player. You are right that avatar feature is to make a distinction on players since they are anonymous. But since this avatar is randomly assign, This doesn’t show the real preferences of players.

And about the betting part, I feel like it's always dangerous to gamble based on what the casino is about to do, I just gamble however I like to gamble and if something happens then it happens, if it doesn't happen then it's fine I just gambled the way I want so I should be having fun anyway.

I’m confused on this statement. What do you mean casino about to do? Most of the games is designed for you to interact in the game without interference of the casino except for games like Blackjack which you are competing with casino directly.
874  Economy / Gambling discussion / Re: Is There A Time That You Calculated All Your loses In One Year on: June 16, 2023, 04:32:21 PM

And with that I think majority of us will not admit that we might have lost more than winning. Specially if we calculate even in the last 6 months of our gambling activity. Which means it's really hard to make money unless you got lucky or have the control not to bet big. Just simply enjoy the game and who knows, maybe lady luck will smile on you and give you a good winnings.

Even without self admittance, I think the majority of gamblers here is on posing side considering the total PnL our games since we start gambling. We all knew that we start as new in gambling that we are always greedy to chase more profit until we learn on our lossing experience.

I’m proud to admit that I’m still in loss despite I’m already in consistent profit now because the bankroll I’m using now is much lower compared when I’m newbie because I’m not scared that time to risk more money. But enjoyment to the game is really what we are paying on gambling while profit is just next in line for our goal.

*Let’s keep it this way to avoid being regretful on our losses. Cheers!  Wink
875  Economy / Gambling discussion / Re: Gender in Gambling [differences between Women and Men in Gambling] on: June 16, 2023, 02:46:21 PM

Do you think the results of the research above are correct?

I know that the number of women involved in gambling is very small because in some countries, people's views of female gamblers are still very bad and they are considered dirty and unfit to be a wife. maybe the results of this research can be used by gambling business owners in developing their business.

I doubt the integrity of this reseaech since people has different preference regrdless of the gender. The woman involved in gambling is very small just like what you said so how this survey conclude with that findings by just surveying only few woman that actually involve on gambling?

If there is a factor that differentiate woman to man is the risk appetite on gambling. Woman usually doesn't want to take a lot of risk on gambling compared to man that is very aggressive.
876  Economy / Trading Discussion / Re: Please Explain This Bitcoin Trade on: June 16, 2023, 02:42:03 PM
Thank you for taking the time to read my post and reply.
When I trade FOREX, I can Buy or Sell, at the Market, and then end the trade whenever I want.
For example, let's say I Buy at $10. It increases to $10.5, $11.0, etc. I can get out of the trade whenever I want to. I don't want to get out of the trade because I believe the price will keep going up and up.
Is this possible when I buy Bitcoin in Coinbase?

Because Forex trading is a derivative/option trading while Coinbase that you are using is a spot trading. You are buying the real tokens and you can withdraw outside the exchange while Forex is just buying of contracts of the pair you are trading which means it's not the real asset. This is why your position on Forex will just remain active when you purchased since its a contract unlike spot that is an actual tokens.

You should learn the technicalities and definition of both type of trading before you enter on the actual trading. You are referencing the price that’s why it's hard for you to understand how it works.
877  Economy / Trading Discussion / Re: I'm Having Difficulty With A Trading Feature on: June 15, 2023, 05:36:11 PM
Close All Positions
I do not see that feature in Coinbase. The only thing I see is, "Cancel Order."

It means that your position is not yet fillied if cancel order is still available on your order status. What type of trade you are doing? Spot trading or Futures Trading because the forex like feature on trading that you are talking is Futures trading while spot trasing will just let you hold the coin.

Or are you using an option trading?

I’m really sure that your order is not filled since there’s still cancel order feature? Check your total balance in your wallet if your money is still there. Probably your balance is still on the open order that’s why you assume that your balance already loss because you can’t place an order anymore. Cancel your open order so that you can retrieve your balance.
878  Economy / Gambling discussion / Re: Ambivalent attitude to gambling on: June 15, 2023, 03:32:06 PM
Criticism
Criticism towards gambling persists, with the belief that these games have a detrimental effect on society by exacerbating wealth inequality and contributing to social issues.

What do you think? Why is there such a different attitude to gambling products and will it ever change?
Religion and the culture affects the whole perception to every gambler and we cannot change that one, what we can do is to accept it.
This is why most of the gambler prefer to gamble on their own and play online than to go to casinos. Different perception to gambling varies on every belief and culture, there's no way to change this one because religion comes a long way even before gambling. If this is against the belief of your community, expect to receive lots of criticism, just focus on what you think is right and be responsible for that.

This is true. Religion is what makes gambling have a stigma on a country with strong religion like Christianity and Islam. Gambling can be considered as a leisure games since its impact on finance of someone will not gonna be huge if he knew how to handle it.

The risk is not the problem but the way religion put a negative impression on gambling since they are relying on the negative result on gambling addicts and ignore all those entertainment given on most of the player. Until now, I’m still ashamed to know my family that I’m gambling even if I have a white collar job with good salary. I’m living too on my own yet my mother will surely give me a beating when they knew that I play gambling.
879  Economy / Gambling / Re: ✨ BITCASINO - Elevate Your Gameplay 💎 #1 VIP Crypto Casino ✈️ on: June 15, 2023, 03:11:28 PM

But sometimes reality is better than what we can imagine, so, please, next time hit that Print Screen button as often as you can during a bonus round, and then imagine you are competing for the Oscar in Film Editing, and pick several really nice shots out of many, and use them in your story here. Because sometimes reality is better than what we can imagine. Smiley

It's very hard to hit print screen button in PC because it requires a combination of FN button and Prntscrn. Plus the fact that you are more excited on the result of your bonus game wishing for more multiplier drops instead of remembering to make a screenshot.  Cheesy

I always forget making screenshot and I just remember doing after a couple times of hitting a bonus round. Anyway I discovered now my question about the mysterious 5 free spin. It came from the tournament that rewards top 100 users.



I become more engaged on playing in Bitcasino after the Bitcoin predictor is gone. I hope this promotion will be back again.
880  Other / Beginners & Help / Re: Is there anyone else who shares the same sentiments? on: June 12, 2023, 05:24:41 PM
Binance is not bitcoin, binance is an exchange.
Even if Binance winds up today, Bitcoin will still exist.

Absolutely correct!
But one thing we should know is that despite they are not the same we should understand it may have a little impact on the market meaning causing a little bear reaction due the US citizens panicking to sells off their assets on Binace exchange but after some while the market gets back it's stability. Whatever that happens to any exchange today would definitely have a negative impact on Bitcoin and altcoin price despite not relatively affected to their chains and although the turbulence may not last for a longer period of time for the affects currencies to gets back their feets. I have witnessed some exchange that was affected and instantaneously leads to price decrease within an interval of the event.

This is true but sadly crypto people mostly on social media hanging out is too dumb to realize that Binance or CZ doesn’t represent Bitcoin at all. Many supporter saying that they need to support CZ for crypto future while crypto especially Bitcoin will continue to exist and traded on other exchange.

Binance is just another exchange and we crypto people are already trading Bitcoin before the existence of Binance. Other exchange will surely step up to replace Binance in case they will collapse like FTX. We just need to brace ourselves on this temporary drawback but rest assured everything will gonna be fine.
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