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Author Topic: Hypothetical Question  (Read 577 times)
Jawhead999
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October 05, 2023, 12:19:28 PM
 #101

It's like imagining Bitcoin turn centralized, would you still trust Bitcoin? when the answer Bitcoin is impossible to become centralized.

I will not use all of my money or taking a loan, there's no one can be trusted except yourself. Human creature is greedy, no one will tell someone including their family if they can make a lot money in short time/easy.

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October 05, 2023, 12:29:15 PM
 #102

This kind of event is just like an imagination because everyone knows that nothing is 100% certain in sport betting or casino. the only thing that can make me go all in on a bet is if the person that told me agrees to refund me if it loses. if this is agreed upon then i can borrow some money to play but these things dosent really happen like that. i have seen some people being scammed with this kind of idea that a game is 100%  sure in the name of fixed game and they pay for it but eventually lose.

I doubt someone will refund you the money even if he agrees to refund it once the bet loses. Most of the time people that offering this kind of bet lies just to get money from you. With or without agreement to refund, you should not accept this kind of offer since it’s obvious that this is just a scam since you knew that there’s no guarantee bet.

Interesting facts about this thread is the OP lose big time by following the bet tips of his friend that was supposed match fixed but it turns out that the tipster is fraud. So this proves that there’s really no guarantee bet.  Grin

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October 05, 2023, 01:32:32 PM
 #103

It is crucial to highlight that in the real world, there is no such thing as a 100% guaranteed sports bet. Even in the seemingly safest circumstances, there is always an element of risk involved. Accidents, surprises, and unforeseen moments are integral to sports.

That said, even in a hypothetical scenario where a bet is purported to be 100% sure, practicing prudent money management and never wagering more than one can afford to lose is vital. Taking out a loan or betting all your savings, even on what seems to be a "sure thing", is never a good idea and contradicts the fundamental principles of responsible gambling.

Gambling, in all its forms, should be entertaining and not a means to make money reliably. If you or someone you know is considering betting a significant amount of money or taking financial risks for gambling, it might be helpful to speak to a professional or seek resources on responsible gambling.
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October 05, 2023, 01:56:21 PM
 #104

Nah, I won't take the risk of course. You said "if someone told you a guaranteed sport bet that has a 100% chance of winning" which does not exist in real life then you have to be skeptical about that. But if that "someone" showed you proof of legitimacy then that is the time you have to find ways to maximize your bet. Unfortunately, there is no such thing as 100% chance of winning in gambling because it is always a matter of luck just to get the jackpot.



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October 05, 2023, 02:03:35 PM
 #105

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend  Wink

First of all, I would definitely doubt it. If someone told me that there is a 100% chance of winning, I would definitely be skeptical about it given that no such thing exists in the realm of gambling.

Personally, I would try to bet perhaps ~$1,000 and consider it as money wasted. People who claim that a 100% guaranteed win is happening are either the greatest predicter or the worst people. In a heartbeat, I would avoid and just tell to myself that I avoided a scam that pretty much guaranteed to lose my money in the process.

For future reference, beware people! These things do not exist unless some shenanigans are involved in the activity.

R


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October 05, 2023, 02:18:21 PM
 #106

Firstly there is no such thing as a 100% assurance with gambling not even on stimulated games, especially in sports betting were the games are been played by humans, it's never a 100% of what the performance of the players will possibly be as uncertainties could take place on the field of play and the results turns out otherwise so at that point you may have yourself to blame.

If I happen to be in such a position where I have a Bank roll of $10k I wouldn't place a cent on such games I will rather put few bucks on a game I predicted instead because I will rather be fair on my self if the game I predicted turns out a loss than I would be when it was a game given me by someone else who gave me false assurance and I did followed.

Going to get a loan to place a bet on a game some presented to you with an assurance that it's a sure win, is the worse mistake you can ever make in life as you may even find it difficult forgiving yourself self if it turns out against you because your creditors will definitely come after you regardless of what happened to the money they did give you.

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October 05, 2023, 02:32:49 PM
 #107

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend  Wink
From my experience, in gambling, the reality is that no one can make predictions that can achieve a 100% success rate. Especially in sports betting, sometimes predictions that can be said to have a fairly convincing success rate, sometimes these predictions can still be off the mark. A common example is in the world of football. Sometimes the favorite team in a match can lose. This means that initially the predictions made were very confident in the favorite team. But in the end the weak team won.
So the result is that even though the predictions made are really mature and have great potential for success. But in reality it's not all that simple.

But if I followed the hypothesis you outlined here, I would definitely spend more money on those sports bets. Because I don't need to think much, because in the context here there is great certainty that the prediction will definitely win and be successful. So what's there to doubt hahaha. Cool

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October 05, 2023, 03:06:17 PM
 #108

Nah, I won't take the risk of course. You said "if someone told you a guaranteed sport bet that has a 100% chance of winning" which does not exist in real life then you have to be skeptical about that. But if that "someone" showed you proof of legitimacy then that is the time you have to find ways to maximize your bet. Unfortunately, there is no such thing as 100% chance of winning in gambling because it is always a matter of luck just to get the jackpot.

As always said, bet as you can bear the risk and like you rightly said, it is luck with gambling and to hit jackpot is not certain all the time. So to have a 100% chance of winning a bet is not guaranteed. We have different prediction sites especially for soccer games but all of them are just there for the business and not that they are giving 100% winning results, they are only surviving from the subscription of gamblers who sheepishly sign up with them. A gambler always rely on his luck to win and that is why they are happy if they win because if you are sure to win then the happiness will not be there since it will be seen as normal. So there are no guarantee bet for winning.

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October 05, 2023, 04:04:56 PM
 #109

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend  Wink
I'll doubt it of course and wouldn't put even a dime on that bet. I think taking out a loan to take a bet that is just pure speculation, that would really be the stupidest idea to take on. Besides, a $10k worth of bet would be too risky for someone who's just been told. In gambling and in life there's someone out there who'll tell you a certainty of things but tbh no one will know the outcome until it happens.
Blitzboy
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October 05, 2023, 05:10:56 PM
 #110

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend  Wink
From my experience, in gambling, the reality is that no one can make predictions that can achieve a 100% success rate. Especially in sports betting, sometimes predictions that can be said to have a fairly convincing success rate, sometimes these predictions can still be off the mark. A common example is in the world of football. Sometimes the favorite team in a match can lose. This means that initially the predictions made were very confident in the favorite team. But in the end the weak team won.
So the result is that even though the predictions made are really mature and have great potential for success. But in reality it's not all that simple.

But if I followed the hypothesis you outlined here, I would definitely spend more money on those sports bets. Because I don't need to think much, because in the context here there is great certainty that the prediction will definitely win and be successful. So what's there to doubt hahaha. Cool
Isn't human thought funny? A pattern is trusted, and then the unexpected happens. Everyone has wagered on the favorite team and lost. Part of the game. It's not guaranteed that a "favorite" club will win. This applies to predictions. No matter how "mature" they are, they can't account for every variable. Sports and life operate that way.

If you're considering betting more due to "certainty", think again. Bets are entertaining and adrenaline-pumping, but be careful. Gambling should never be your main income or entertainment.

How can we remember ourselves that 99% certainty isn't 100% when betting? We're typically surprised by that 1%, right?\

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noormcs5
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October 05, 2023, 05:34:41 PM
 #111

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend  Wink

There is no sport where a 100% winner is guaranteed. Even if you know which of the teams will win the game, it is not advisable to go all in on that bet. What if, on that day, the results came unexpectedly, the team that was supposed to win and everyone was hoping to win would end up on the losing side?

If that is a bad luck day for you and you had gone all in, and you lose that bet, its scary to even imagine this situation.

I would only ask one question, if the result is 100% granted, why not each and every human being on earth sell all their assets and put all their money on that bet? I wish betting and gambling was so easy  Roll Eyes

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Westinhome
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October 07, 2023, 09:15:26 PM
 #112

Many times I had received the message from many spammer like,the was the partner of the gambling site or they working in the gambling site.Then they ask me to create a account and he will credited the winning to my account.So after money received the money should be split to two equal half.So this was the scam from my knowledge,because who do this credit of the win to unknown person.He can use the same to his real friend and enjoy the benefit.So like this scammer may try to scam your money,you should be more cautious.

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October 07, 2023, 09:40:32 PM
 #113

It's like imagining Bitcoin turn centralized, would you still trust Bitcoin? when the answer Bitcoin is impossible to become centralized.

I will not use all of my money or taking a loan, there's no one can be trusted except yourself. Human creature is greedy, no one will tell someone including their family if they can make a lot money in short time/easy.
While the OP's hypothetical question is indeed impossible and any guarantee of profit would be an instant lie.

Maybe your example with bitcoin isn't as valid comparison.

2 mining pools (that require kyc to use) had over 50% of the mining power for over year now. And in 2014 one pool had almost over 50% mining power. So it's not impossible that bitcoin could be more centralized in the future then you are implying. I am certain that it won't be a threat of any kind but people always forget that pools are not evenly distributed.


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October 08, 2023, 05:59:16 PM
 #114

It's like imagining Bitcoin turn centralized, would you still trust Bitcoin? when the answer Bitcoin is impossible to become centralized.

I will not use all of my money or taking a loan, there's no one can be trusted except yourself. Human creature is greedy, no one will tell someone including their family if they can make a lot money in short time/easy.
What the OP is talking about is sometimes possible but if we are talking about BTC to become fully centralized?
I highly doubt it. But if let say it's possible, I think I will still trust Bitcoin because the coin never fails me before. Though I will observed its latest performances. If something shady comes in, I might slowly pack my bags.

I think being greedy is different from being selfish. There's actually people who will encourage others to join them even for the good stuffs. It's fine if you will not use all your money. I understand that not all are confident when it comes to these matters. I can in fact do the same thing. I will still be happy and thankful if my earnings are only small.

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