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Author Topic: Gambling. Is It Wrong?  (Read 232078 times)
ashour
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September 01, 2015, 09:49:08 PM
 #61

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

Never forget the one rule of gambling , "The house ALWAYS wins" . The same thing applies to bitcoin gambling, the house always wins in the end.

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eternalgloom
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September 01, 2015, 10:09:37 PM
 #62

As long as you're not spending/wagering more than you can afford to lose, I don't see a problem with it.
I've personally been lucky a few times, winning pretty big amounts with only small bets.


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unholycactus
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September 01, 2015, 10:14:16 PM
 #63

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

Never forget the one rule of gambling , "The house ALWAYS wins" . The same thing applies to bitcoin gambling, the house always wins in the end.

Ever heard of professional poker players? The one rule of gambling in my opinion is "Enjoy responsibly".

tommorisonwebdesign
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September 01, 2015, 10:27:42 PM
 #64

There is no moral issue with gambling until you start harming people gambling. If you find yourself using your credit card to gamble, you are only screwing yourself over morally. It becomes really unethical when you start asking your friends for money to go gambling. The high of winning tons of money unexpectedly is pretty intense. I will admit that I won about $2000 CAD at a casino and I sure got a rush from that. You have to remember though that the odds are always against you and you will always lose. My friend who works at the casino in my city even told me gambling is a waste of time and money and suggested to ban myself. I find myself still wasting my Bitcoins sometimes on the online casinos. I don't do it as much and when I do it's more for entertainment sake. I do not agree at all with many people's ideas about "strategic gambling". Smart people can always rationalize stupid ideas.

Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
malphite
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September 01, 2015, 11:49:54 PM
 #65

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

Never forget the one rule of gambling , "The house ALWAYS wins" . The same thing applies to bitcoin gambling, the house always wins in the end.

Ever heard of professional poker players? The one rule of gambling in my opinion is "Enjoy responsibly".

Yeah, the few who are like 5% turn out to be pro though lol.

So regardless the odds are not in our favor, unless youre these so called pro players.
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September 02, 2015, 12:04:07 AM
 #66

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

Never forget the one rule of gambling , "The house ALWAYS wins" . The same thing applies to bitcoin gambling, the house always wins in the end.

Ever heard of professional poker players? The one rule of gambling in my opinion is "Enjoy responsibly".

Yeah, the few who are like 5% turn out to be pro though lol.

So regardless the odds are not in our favor, unless youre these so called pro players.

I've made a decent amount of money playing poker. Nowadays the game is much harder than it used to be, so I don't want to play it professionally.
With effort and dedication, it is very possible for anyone who enjoys the game to make a living out of it.
But you are right, the percentage of players who can make it is very slim and those players work very hard.

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September 02, 2015, 12:06:36 AM
 #67

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

Never forget the one rule of gambling , "The house ALWAYS wins" . The same thing applies to bitcoin gambling, the house always wins in the end.

Ever heard of professional poker players? The one rule of gambling in my opinion is "Enjoy responsibly".

Yeah, the few who are like 5% turn out to be pro though lol.

So regardless the odds are not in our favor, unless youre these so called pro players.

I've made a decent amount of money playing poker. Nowadays the game is much harder than it used to be, so I don't want to play it professionally.
With effort and dedication, it is very possible for anyone who enjoys the game to make a living out of it.
But you are right, the percentage of players who can make it is very slim and those players work very hard.

Its amazing though how much of these players make when they go to a tournament.

They like clear $12 mill or something so stupid. I feel most small timers will just play online or turn to other games or closer related games like hold em.
unholycactus
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September 02, 2015, 12:16:56 AM
 #68


Its amazing though how much of these players make when they go to a tournament.

They like clear $12 mill or something so stupid. I feel most small timers will just play online or turn to other games or closer related games like hold em.

Few things in mind is that only the top 10-15% of players are paid (depends on the tournament structure).
Entry fee for big main event tournaments (WPT, WSOP) is 3.5k or 10k.
If you barely make it in the payouts, you don't make much. You play 2 or 3 days straight and you only make a few thousands (or hundreds).
Those tournaments aren't happening all year long.
You pay a huge amount of taxes on winnings.

ralle14
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September 02, 2015, 06:50:28 AM
 #69

depends if your a casual gambler or an addict like other
and just remember gamble what you can afford to lose

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silverleafy
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September 02, 2015, 03:09:24 PM
 #70

Personally, I stay away from gambling ever since I realized that even with a small edge, the house always wins. What was that website with 40% (49%?) chance of you winning? Well, a few minutes at that, and I had flushed away BTC0.01, it's, I know. The point is that it's made to make you think you can game the system, making very small profits when your method is "working". Then, it just doesnt work, and you're back to not having profited, or in the red.

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rohlander
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September 02, 2015, 03:19:13 PM
 #71

when gambling you always gotta be careful to not get addicted on it, if you start to loose , never think you will win big hehe
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September 02, 2015, 03:54:23 PM
 #72

if you want win in gambling just put 1 logical bet if you win just runaway, i always did that in bustabit my profit is 0.8 my loss is 0.3,
never wasting your time in one gambling site,

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September 02, 2015, 03:55:54 PM
 #73

I think as long as you can control your spending, its great for entertainment with the possibility of winning. I play for the excitement and expect to lose my bets.

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September 02, 2015, 03:58:39 PM
 #74

Gambling must not be wrong as long as you know when to leave the table. Don't push yourself to have luck.This will not work out you're going to end to lose more.Furthermore it depends what kind of gambling you're doing.
Sports bets can be really successful if you know how to use statistics and you don't bet too risky.

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September 02, 2015, 04:51:16 PM
 #75

It depends on how much you are involved into the gambling. If one is just gambling for fun and entertainment then i don't think that there is any problem and nothing is wrong at this point of time. As far as you have total control on yourself its absolutely OK to gamble. On other hand if you are addicted towards gambling and don't have any control then there would be some serious problems on your personal and social life. Too much gambling is obviously wrong.

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September 02, 2015, 05:35:59 PM
 #76

as long as you can afford to loose the money


never take loans i repeat never.


Gambling is fun you just need to be able to set boundaries
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September 02, 2015, 06:15:06 PM
 #77

Thanks very much for making the gamble of reading this post. 

You see I made a bet that you would read it, and my bet was to take the time to write it. 

Perhaps you now know we have both won the bet, and you also know my point:

Every activity performed by any agent is a gamble.  Every. One.  End of story. 

Now, tell me, is gambling wrong? 


Another point: nothing "is wrong"  without context.  Is 3 wrong?  Yeah, the question was what's 2+2.  Otherwise, no.. you are an idiot for posing a question without the necessary context. 







 



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September 02, 2015, 06:20:03 PM
 #78

i only use gambling sites with free faucets so i gamble with the free amount and don't really care if i lost it
from hundreds of rolls i think, i won twice 1 mbtc each starting from 500 satoshi (don't want to mention the time that i spent there!)

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September 02, 2015, 06:30:52 PM
 #79

of course it gives more looses than wins thats what keeps casinos going, i dont usually gamble
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September 02, 2015, 06:37:36 PM
 #80

when gambling you always gotta be careful to not get addicted on it, if you start to loose , never think you will win big hehe

youre talking about the form of addiction, which applys to everything.

so in a sense too much of that particular thing is bad is a general sense.
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