Hellacopter
|
|
October 26, 2015, 11:41:01 PM |
|
I don't understand why gambling for short term ?
It is because in long term you will always lose as you are playing the house edge and with a short term you maybe will get lucky because of your own luck. In short term, some player have a huge variance and win alot but most people always continue and dont stop which is why they lose it That isn't true at all. In the long term, you are more likely to lose than win. In the short term, you are also more likely to lose, but since it is a smaller subset you have a slightly higher chance to win. I think in short term we can control ourselves better to minimize the risks as possible as we can. We can lose or win, but even in the case of lose it will be small lose , safest than the long term, as known we can't guarantee the result of our bets
|
|
|
|
|
|
|
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
Eastwind
|
|
October 27, 2015, 08:49:35 AM |
|
I don't understand why gambling for short term ?
It is because in long term you will always lose as you are playing the house edge and with a short term you maybe will get lucky because of your own luck. In short term, some player have a huge variance and win alot but most people always continue and dont stop which is why they lose it That isn't true at all. In the long term, you are more likely to lose than win. In the short term, you are also more likely to lose, but since it is a smaller subset you have a slightly higher chance to win. I think in short term we can control ourselves better to minimize the risks as possible as we can. We can lose or win, but even in the case of lose it will be small lose , safest than the long term, as known we can't guarantee the result of our bets In short term, the lucky is more important. So if you are lucky, you win some. For long term, the luckiness is less important, the house edge is more important, you always lose.
|
|
|
|
vendetahome
|
|
October 27, 2015, 09:03:59 AM |
|
you might get extremely lucky and win some money even in a long term though i wouldnt risk my money in order to do that
|
|
|
|
Tstar
Legendary
Offline
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
|
|
October 27, 2015, 09:34:50 AM |
|
It's unbelievable how many words are spent for gambling. We could write a treaty on how is it wrong or good to play and lose money with gambling
|
|
|
|
bitart
|
|
October 27, 2015, 09:48:37 AM |
|
For short term, if we are lucky, we can win some thing. If we stop there, we will make some profit. If we continue to gamble, we will lose at the end.
I don't understand why gambling for short term ? There are many other ways to double your money legally/illegally but gambling.Gambling is totally based on luck and especially all these computer programs can have any twists in the game.Its better to gamble something else then on casino or dice games .Sports betting is fine as long as you have knowledge about the game and the players. Tell me a bit more about doubling your money on the short term that is legal and accepted? I don't want to know about the illegal possibilities at all
|
|
|
|
Supercrypt
Legendary
Offline
Activity: 1554
Merit: 1054
|
|
October 27, 2015, 01:07:05 PM |
|
For short term, if we are lucky, we can win some thing. If we stop there, we will make some profit. If we continue to gamble, we will lose at the end.
I don't understand why gambling for short term ? There are many other ways to double your money legally/illegally but gambling.Gambling is totally based on luck and especially all these computer programs can have any twists in the game.Its better to gamble something else then on casino or dice games .Sports betting is fine as long as you have knowledge about the game and the players. Tell me a bit more about doubling your money on the short term that is legal and accepted? I don't want to know about the illegal possibilities at all Do not expect a method to double your coins in short term. It may end up in zero as most of the programs of this kind are not real one to achieve any kind of doubling. Even trading or gambling also not an easy way to make your investments double in shorter period.
|
|
|
|
n2004al
Legendary
Offline
Activity: 1134
Merit: 1000
|
|
October 27, 2015, 01:13:04 PM |
|
you can earn a lot with gambling though of course it depends on how much are you willing to gamble the more you risk to loose the more you win
How much have your earned gambling? I bet that your earnings are the loss of all the money given to you for dressing, eating with your friends and your girl/boyfriend, for books, for seeing movie and for pleasures that I don't know what must be. Or you wanted to do a post and spare the first thing you have in mind. Maybe something transgressive to be trendy and cool. Gambling is something that only the most courageous do. the others, they who don't like it or want to spent money in and with the normal things don't deserve attention and are not important. Wake up boy/girl/whatever you are. Gambling give nothing. Or better, give disease, as well as secure lost of all your money. Nothing else. All the occasionally winners go again to gamble to earn and leave everything. Even the last penny.
|
|
|
|
Hellacopter
|
|
October 27, 2015, 01:38:51 PM |
|
you can earn a lot with gambling though of course it depends on how much are you willing to gamble the more you risk to loose the more you win
How much have your earned gambling? I bet that your earnings are the loss of all the money given to you for dressing, eating with your friends and your girl/boyfriend, for books, for seeing movie and for pleasures that I don't know what must be. Or you wanted to do a post and spare the first thing you have in mind. Maybe something transgressive to be trendy and cool. Gambling is something that only the most courageous do. the others, they who don't like it or want to spent money in and with the normal things don't deserve attention and are not important. Wake up boy/girl/whatever you are. Gambling give nothing. Or better, give disease, as well as secure lost of all your money. Nothing else. All the occasionally winners go again to gamble to earn and leave everything. Even the last penny. That's not exact in my opinion, of course there is always a risk to even lose everything, but in the other hand there is a possibility to win and make huge profit. It's depending first in your luck and then your strategy and experience
|
|
|
|
Aemon
|
|
October 27, 2015, 03:27:49 PM |
|
There are no limits to what you can earn. What you are likely to earn from what you can earn are 2 different things. You can will a billion dollars if you get lucky. You can only lose what you have though
|
|
|
|
Tstar
Legendary
Offline
Activity: 1176
Merit: 1005
Decentralized Asset Management Platform
|
|
October 27, 2015, 03:40:11 PM |
|
You can only lose what you have though
People in here ask for loans to repay their gambling/trading/whatever losses. That's not good my friend.
|
|
|
|
ashour
|
|
October 27, 2015, 04:17:23 PM |
|
You can only lose what you have though
People in here ask for loans to repay their gambling/trading/whatever losses. That's not good my friend. These people are either addicted are how 0 self control. Gambling is meant to be fun and exciting, its not about making profits.
|
|
|
|
yakelbtc
Full Member
Offline
Activity: 140
Merit: 100
0x7ae5adbc7a0429a49b6e6ed4a8a89ffbbae6125f
|
|
October 27, 2015, 04:30:54 PM |
|
You can only lose what you have though
People in here ask for loans to repay their gambling/trading/whatever losses. That's not good my friend. These people are either addicted are how 0 self control. Gambling is meant to be fun and exciting, its not about making profits. i agree some people became addicted because they dont have self control and i never hear that some one addicted become a rich in gambling.
|
|
|
|
ashour
|
|
October 27, 2015, 04:45:53 PM |
|
You can only lose what you have though
People in here ask for loans to repay their gambling/trading/whatever losses. That's not good my friend. These people are either addicted are how 0 self control. Gambling is meant to be fun and exciting, its not about making profits. i agree some people became addicted because they dont have self control and i never hear that some one addicted become a rich in gambling. Only smart people can make a profit with gambling, the addicted ones always lose because they have 0 self control and don't when to stop.
|
|
|
|
Supercrypt
Legendary
Offline
Activity: 1554
Merit: 1054
|
|
October 27, 2015, 05:02:23 PM |
|
You can only lose what you have though
People in here ask for loans to repay their gambling/trading/whatever losses. That's not good my friend. These people are either addicted are how 0 self control. Gambling is meant to be fun and exciting, its not about making profits. i agree some people became addicted because they dont have self control and i never hear that some one addicted become a rich in gambling. Only smart people can make a profit with gambling, the addicted ones always lose because they have 0 self control and don't when to stop. But Gambling makes all the smartest people into either addicted to greed or emotionally fear to continue. So, no one can play smarter when you are experiencing your money goes growing or loosing your money.
|
|
|
|
leex1528
|
|
October 27, 2015, 05:15:06 PM |
|
You can only lose what you have though
People in here ask for loans to repay their gambling/trading/whatever losses. That's not good my friend. These people are either addicted are how 0 self control. Gambling is meant to be fun and exciting, its not about making profits. i agree some people became addicted because they dont have self control and i never hear that some one addicted become a rich in gambling. Only smart people can make a profit with gambling, the addicted ones always lose because they have 0 self control and don't when to stop. But Gambling makes all the smartest people into either addicted to greed or emotionally fear to continue. So, no one can play smarter when you are experiencing your money goes growing or loosing your money. It has zero difference on how smart you are if you are going to win at gambling. Gambling is a luck based game, not intelligence based. You could be the smartest man on earth and still end up losing. Gambling is a luck based game.
|
|
|
|
Nahl
Legendary
Offline
Activity: 1652
Merit: 1000
|
|
October 27, 2015, 05:21:11 PM |
|
You can only lose what you have though
People in here ask for loans to repay their gambling/trading/whatever losses. That's not good my friend. These people are either addicted are how 0 self control. Gambling is meant to be fun and exciting, its not about making profits. but unfortunately lot of people who was just trying had fun from gambling and they become addicted because if they lose they would continue to try until they tasted the winning or more precisely is they always be curious how to win in everytime they doing a gambling
|
|
|
|
DiamondCardz
Legendary
Offline
Activity: 1134
Merit: 1112
|
|
October 27, 2015, 05:27:58 PM |
|
Not always. Sometimes the website owner make a + ev game so you will get profit but of course this is limited only. According to math then you will lose but variance can be such a bad ass in the game
Your "not always" is in a very limited and very rare situation. I do not consider things such as playing the odds at a booker or taking advantage of multiple bonuses at different sites to make a guaranteed +EV bet on say, sports, to be "gambling" per se, and +EV games are extremely rare and limited time.
|
BA Computer Science, University of Oxford Dissertation was about threat modelling on distributed ledgers.
|
|
|
mutab
Newbie
Offline
Activity: 33
Merit: 0
|
|
October 27, 2015, 05:34:49 PM |
|
You can only lose what you have though
People in here ask for loans to repay their gambling/trading/whatever losses. That's not good my friend. These people are either addicted are how 0 self control. Gambling is meant to be fun and exciting, its not about making profits. but unfortunately lot of people who was just trying had fun from gambling and they become addicted because if they lose they would continue to try until they tasted the winning or more precisely is they always be curious how to win in everytime they doing a gambling It's worse when people win a little bit and then wants more more more and loses everything.Greed is NOT good!
|
|
|
|
marcus1986
|
|
October 27, 2015, 05:44:44 PM |
|
Earning depends on factors like game, time, budget. You can make a decent profit in short term but in long term it all depends on knowledge and luck of course.
|
|
|
|
bithasher
|
|
October 27, 2015, 05:50:39 PM |
|
Earning depends on factors like game, time, budget. You can make a decent profit in short term but in long term it all depends on knowledge and luck of course.
Are you really sure about this we can make decent profit with gambling if we have enough money for it but i think that is really hard to make profit every time.
|
|
|
|
|