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Author Topic: Gambling. Is It Wrong?  (Read 232078 times)
danherbias07
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January 19, 2016, 12:37:05 PM
 #1521

hello everyone.
i want to know what do you think about gambling bitcoin.. Does Beneficial or more losses?
Share your story here guys!  Grin Grin Grin
gambling is not wrong for me but gambling is illegal in my country still i gamble because i like gambling.sometimes we win and sometimes we lose but most important to have fun and enjoyment when you are gambling and i do have that.

That is what I am trying to tell my friends. Dont be serious about gambling or when playing just feel that excitement and thrill dont let it go to your head and make it stress you on what you lose.

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January 19, 2016, 12:40:26 PM
 #1522

it is not wrong in any ways, it gives people a lot of entertainment so its fine to play it if you like it and dont waste too much money that you need for a living, thats just my opinion
yes most gambling is entertainment to life. gambling part of life that can not be eliminated. I think that way.

Not everyone gambling is entertainment. You can get a lot of money from gambling and you can lose a lot too. Gambling is risky and if you want to serious in gambling dont try to play for entertainment
You must have a strategy to play it.
I agree. With a strategy we can make gambling right. But, the beauty of gambling is no strategy will work all the time and we need to improve our strategy for our life long time. Literally there is no strategy for making consistent profits. This does not mean gambling is wrong.
The main key is the right strategy. patience and strategy can make you rich in gambling.

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January 19, 2016, 12:42:23 PM
 #1523

it is not wrong in any ways, it gives people a lot of entertainment so its fine to play it if you like it and dont waste too much money that you need for a living, thats just my opinion
yes most gambling is entertainment to life. gambling part of life that can not be eliminated. I think that way.

Not everyone gambling is entertainment. You can get a lot of money from gambling and you can lose a lot too. Gambling is risky and if you want to serious in gambling dont try to play for entertainment
You must have a strategy to play it.
I agree. With a strategy we can make gambling right. But, the beauty of gambling is no strategy will work all the time and we need to improve our strategy for our life long time. Literally there is no strategy for making consistent profits. This does not mean gambling is wrong.
The main key is the right strategy. patience and strategy can make you rich in gambling.
Some strategies do work if implemented very well, so its actually patience, money and strategy.

Im Lt.Bitcoin - 1LtBTC2MSL4g3wFrcmNcKffrxoFGZr85tc
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January 19, 2016, 12:46:06 PM
 #1524

it is not wrong in any ways, it gives people a lot of entertainment so its fine to play it if you like it and dont waste too much money that you need for a living, thats just my opinion
yes most gambling is entertainment to life. gambling part of life that can not be eliminated. I think that way.

Not everyone gambling is entertainment. You can get a lot of money from gambling and you can lose a lot too. Gambling is risky and if you want to serious in gambling dont try to play for entertainment
You must have a strategy to play it.

But is there any strategy when you gambling? There is none as far as I know, the best strategy is still martingale and that is a common strategy too. As long as you have enough balance to cover it I think that will not be a problem though. It is true that everyone want to get profit but I can say that the one that play it for entertainment that mostly get the jackpot thing because nothing to lose and there is no burden for him. Usually this kind of thing will be won by big whale

definitely, no strategy in gambling, martingale sometimes turns to martinfail and turn your balance into 1/2 after a consecutive losses specially if you are not lucky. fun and entertainment are really the grand prize,

Nope you are wrong, there is only one startegy in this world and that is only martingale, other is just something modified through martingale. Yes you can reach half from your balance but you still can get double from your balance or even triple it. This thing is called luck, so you need to set your balance and your base bet good enough before you start on martingale if not you will be in big trouble

No actually martingale is not the best strategy, not even close. Although there are better strategies you will still be on -EV. Here is the strategy example by Dooglus:

With 1 bitcoin:

  bet 0.5 at 33%
  if you win, you get 99/33 = 3x, so you get 1.5 back, a profit of 1 - you've doubled your money

  if you lose, bet the other 0.5 at 24.75%
  if you win, you get 99/24.75 = 4x, so you get 2 back - you've doubled your money

  the only way it goes wrong is if you lose both the 33% and the 24.75% - the chance of that is (1-0.33) * (1-0.2475) = 0.504175
  so the chance of success is 1 - 0.504175 = 0.495825 = 49.5825% - a fraction higher than 49.5

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January 19, 2016, 02:33:33 PM
 #1525

T be honest I wouldn't be able to enjoy gambling if I was worried about philosophizing if what im doing is wrong or right. Gambled is supposed to be a game, something you do some times to test your luck, that's all, everything else is delusional religious bullshit.

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January 19, 2016, 02:51:21 PM
 #1526


gambling is not wrong for me but gambling is illegal in my country still i gamble because i like gambling.sometimes we win and sometimes we lose but most important to have fun and enjoyment when you are gambling and i do have that.

I personally, Gambling is not wrong, if you like to play it and it becomes wrong when you gamble all your money and you can't control yourself to gamble.

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January 19, 2016, 02:57:48 PM
 #1527

it is not wrong in any ways, it gives people a lot of entertainment so its fine to play it if you like it and dont waste too much money that you need for a living, thats just my opinion
yes most gambling is entertainment to life. gambling part of life that can not be eliminated. I think that way.

Not everyone gambling is entertainment. You can get a lot of money from gambling and you can lose a lot too. Gambling is risky and if you want to serious in gambling dont try to play for entertainment
You must have a strategy to play it.
I think there is no best strategy that you can make lots of money. but if you are lucky you can make lots of money by playing in gambling.
For reach people playing is for fun even they spend his/her money to lose or to win its nothing for them..


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January 19, 2016, 03:08:57 PM
 #1528


gambling is not wrong for me but gambling is illegal in my country still i gamble because i like gambling.sometimes we win and sometimes we lose but most important to have fun and enjoyment when you are gambling and i do have that.

I personally, Gambling is not wrong, if you like to play it and it becomes wrong when you gamble all your money and you can't control yourself to gamble.


When people need something to refresh their mind after gone work and want to rush their adrenaline,
gambling will be a good choice ( as long as they do in responsible way )
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January 19, 2016, 03:55:43 PM
 #1529


gambling is not wrong for me but gambling is illegal in my country still i gamble because i like gambling.sometimes we win and sometimes we lose but most important to have fun and enjoyment when you are gambling and i do have that.

I personally, Gambling is not wrong, if you like to play it and it becomes wrong when you gamble all your money and you can't control yourself to gamble.


When people need something to refresh their mind after gone work and want to rush their adrenaline,
gambling will be a good choice ( as long as they do in responsible way )

Yap! that's right. there is not wrong with gambling and gambling is a game that you can make a fun
it is like a hobby and  can be good form of entertainment.

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January 19, 2016, 04:59:43 PM
 #1530

No actually martingale is not the best strategy, not even close. Although there are better strategies you will still be on -EV. Here is the strategy example by Dooglus:

With 1 bitcoin:

  bet 0.5 at 33%
  if you win, you get 99/33 = 3x, so you get 1.5 back, a profit of 1 - you've doubled your money

  if you lose, bet the other 0.5 at 24.75%
  if you win, you get 99/24.75 = 4x, so you get 2 back - you've doubled your money

  the only way it goes wrong is if you lose both the 33% and the 24.75% - the chance of that is (1-0.33) * (1-0.2475) = 0.504175
  so the chance of success is 1 - 0.504175 = 0.495825 = 49.5825% - a fraction higher than 49.5

This is just all math thing but the reality when you rolled thing will be different because you really need luck when you do this kind of strategy mostly that you play in a long run this strategy will not affect at all. I never believe this kind of strategy except martingale. Many people already proof some strategy too to me but when I tried it, nothing good happens so better not to try any kind of this strategy again

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January 19, 2016, 05:53:18 PM
 #1531


gambling is not wrong for me but gambling is illegal in my country still i gamble because i like gambling.sometimes we win and sometimes we lose but most important to have fun and enjoyment when you are gambling and i do have that.

I personally, Gambling is not wrong, if you like to play it and it becomes wrong when you gamble all your money and you can't control yourself to gamble.


When people need something to refresh their mind after gone work and want to rush their adrenaline,
gambling will be a good choice ( as long as they do in responsible way )

Yes in fact gambling was basically created for people who work hard in their office and then try a way to have fun and win some money ocassionally . I think gambling still is good, because you see some 1 million posts in gambling section, which wont be there if gambling hadn't existed. So, its not wrong I would say.

Coinroll - Bitcoin Dice

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January 19, 2016, 06:39:23 PM
 #1532

In the past, I was more straight edge, I was anti drinking, anti smoking, anti gambling, then I eased up a bit, when I saw this video I understood how amazing gambling can be:

https://www.youtube.com/watch?v=RqVAp67RyLo

Being on his skin must be priceless, imagine the adrenaline rush of winning the jackpot! thats life.

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January 19, 2016, 07:07:07 PM
 #1533

it is not wrong in any ways, it gives people a lot of entertainment so its fine to play it if you like it and dont waste too much money that you need for a living, thats just my opinion
yes most gambling is entertainment to life. gambling part of life that can not be eliminated. I think that way.

Yes for entertainment I think nothing is better than poker or who dont love poker, then dice rolls. It gives you some comfort and relax. But the problem is after winning you get too optimistic Sad


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hua_hui
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January 19, 2016, 08:32:10 PM
 #1534

In the past, I was more straight edge, I was anti drinking, anti smoking, anti gambling, then I eased up a bit, when I saw this video I understood how amazing gambling can be:

https://www.youtube.com/watch?v=RqVAp67RyLo

Being on his skin must be priceless, imagine the adrenaline rush of winning the jackpot! thats life.

it was just shared on the other thread. and yah, he is really betting on the last few chances n u already have almost gave it up after playing so many times and yet still cant win, and suddenly such a huge winning appear. really will be very excited.

but that is like once in a blue moon, tons of people will suffered losses after that before the next big win.

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pearnapple
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January 19, 2016, 08:36:16 PM
 #1535

why it should be wrong? why would anyone care about how someone spends their money? i think it is an ok thing to do and everyone is allowed to gamble their money if they want

Nimbulan
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January 19, 2016, 09:13:35 PM
 #1536

gambling is not wrong and i dont think that anyone can ban people from gambling their money if they earn those money by themselves, they can do anything they want with them

Compa
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January 19, 2016, 09:44:44 PM
 #1537

gambling is not wrong and i dont think that anyone can ban people from gambling their money if they earn those money by themselves, they can do anything they want with them

Never wrong. I think, the problem of people in gambling is cant control it and gambling is not wrong if you are just playing for fun and most know when to stop.

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harizen
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January 20, 2016, 12:58:52 AM
 #1538

In the past, I was more straight edge, I was anti drinking, anti smoking, anti gambling, then I eased up a bit, when I saw this video I understood how amazing gambling can be:

https://www.youtube.com/watch?v=RqVAp67RyLo

Being on his skin must be priceless, imagine the adrenaline rush of winning the jackpot! thats life.

it was just shared on the other thread. and yah, he is really betting on the last few chances n u already have almost gave it up after playing so many times and yet still cant win, and suddenly such a huge winning appear. really will be very excited.

but that is like once in a blue moon, tons of people will suffered losses after that before the next big win.

And because of the big win, don't think that person will stop from doing gambling because 100% he wants to experienced again the feeling of being a big bucks winner then eventually the rest is history.

danherbias07
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January 20, 2016, 11:59:16 AM
 #1539

In the past, I was more straight edge, I was anti drinking, anti smoking, anti gambling, then I eased up a bit, when I saw this video I understood how amazing gambling can be:

https://www.youtube.com/watch?v=RqVAp67RyLo

Being on his skin must be priceless, imagine the adrenaline rush of winning the jackpot! thats life.

Yes. That is what I am thinking about gambling. The excitement and the adrenaline. Ohhh your blood will really circulate fast once you see you are winning. Pure heart pumping ****.  Grin

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Bardman
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January 20, 2016, 12:15:23 PM
 #1540

In the past, I was more straight edge, I was anti drinking, anti smoking, anti gambling, then I eased up a bit, when I saw this video I understood how amazing gambling can be:

https://www.youtube.com/watch?v=RqVAp67RyLo

Being on his skin must be priceless, imagine the adrenaline rush of winning the jackpot! thats life.

Then you ended up high smoking and gambling at the same time. Now if you really want adrenaline rushes you could be doing many other things that can give you bigger adrenaline rushes, of course they could be dangerous but the adrenaline rush is higher.

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