Bitcoin Forum
May 02, 2024, 05:06:13 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 [22] 23 »  All
  Print  
Author Topic: It is not worth it, right?  (Read 6986 times)
wriizo
Newbie
*
Offline Offline

Activity: 132
Merit: 0


View Profile
January 16, 2018, 03:37:39 PM
 #421

Is worth if u just play for fun and for small amounts.
But when that's not the case anymore, not WORTH it! BTC
1714669573
Hero Member
*
Offline Offline

Posts: 1714669573

View Profile Personal Message (Offline)

Ignore
1714669573
Reply with quote  #2

1714669573
Report to moderator
1714669573
Hero Member
*
Offline Offline

Posts: 1714669573

View Profile Personal Message (Offline)

Ignore
1714669573
Reply with quote  #2

1714669573
Report to moderator
1714669573
Hero Member
*
Offline Offline

Posts: 1714669573

View Profile Personal Message (Offline)

Ignore
1714669573
Reply with quote  #2

1714669573
Report to moderator
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714669573
Hero Member
*
Offline Offline

Posts: 1714669573

View Profile Personal Message (Offline)

Ignore
1714669573
Reply with quote  #2

1714669573
Report to moderator
1714669573
Hero Member
*
Offline Offline

Posts: 1714669573

View Profile Personal Message (Offline)

Ignore
1714669573
Reply with quote  #2

1714669573
Report to moderator
BUK2016
Full Member
***
Offline Offline

Activity: 770
Merit: 126


View Profile
January 16, 2018, 05:50:41 PM
 #422

Taken gambling as a way earning constant income or profit is just like putting all your edge in one basket which is not always advisable in real sense because there is a high tendency that you may lose all your money in gambling though you may equally double your money in gambling at the same time.     
amacar2
Legendary
*
Offline Offline

Activity: 1120
Merit: 1007

CryptoTalk.Org - Get Paid for every Post!


View Profile
January 16, 2018, 06:10:18 PM
 #423

It's not advisable to do gamble because of current transaction fee. Even when you;re trading. Transaction fee sucks!
There are many gambling platform where you can gamble without paying high bitcoin transactions fee because they also accept other alts like LTC, ETH, DASH.

Also there are many gamblers who don't care about paying high tx fee because they are even willing to loss thousands of dollar in single play in casinos, so those 20$ in fee might not hurt them.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit AirDrop $.|.Get 700 YoDollars for Free!.🏆
Alns
Sr. Member
****
Offline Offline

Activity: 602
Merit: 250



View Profile
January 16, 2018, 09:46:08 PM
 #424

Gambling doesn't gives us any winnings at all, maybe we can have some luck and we earn a few bucks, but that is not the most important thing of gambling for me.

I really enjoy it, i see it as a strategy game in where you need to create your own strategy in some games.

For me, it is not a problem, and everytime that i am gambling i just do it with less than $100 to minimize my potential losses.
milewilda
Legendary
*
Offline Offline

Activity: 3108
Merit: 1127



View Profile
January 16, 2018, 10:07:45 PM
 #425

It's not advisable to do gamble because of current transaction fee. Even when you;re trading. Transaction fee sucks!
There are many gambling platform where you can gamble without paying high bitcoin transactions fee because they also accept other alts like LTC, ETH, DASH.

Also there are many gamblers who don't care about paying high tx fee because they are even willing to loss thousands of dollar in single play in casinos, so those 20$ in fee might not hurt them.

On some gamblers then yes but most of them will really have on doubt regarding on fees which is too high but same as being mentioned above we can anytime play up by using altcoin which most gambling sites are offering now and by these we can avoid high fees on each transaction either withdrawal or deposits. $20+ fee wont really be nothing into those rich gamblers out there.

UsernameBitcoin
Sr. Member
****
Offline Offline

Activity: 530
Merit: 250

CryptoTalk.Org - Get Paid for every Post!


View Profile
January 16, 2018, 11:05:00 PM
 #426

It's not advisable to do gamble because of current transaction fee. Even when you;re trading. Transaction fee sucks!
There are many gambling platform where you can gamble without paying high bitcoin transactions fee because they also accept other alts like LTC, ETH, DASH.

Also there are many gamblers who don't care about paying high tx fee because they are even willing to loss thousands of dollar in single play in casinos, so those 20$ in fee might not hurt them.

On some gamblers then yes but most of them will really have on doubt regarding on fees which is too high but same as being mentioned above we can anytime play up by using altcoin which most gambling sites are offering now and by these we can avoid high fees on each transaction either withdrawal or deposits. $20+ fee wont really be nothing into those rich gamblers out there.


$20+ fee is still a lot even to deposit $2,000 that is 1% fee just depositng, but if you deposit $2,000 the fee will be more like $200 because right now it's like 10% just to send some BTC anywhere fast. So I don't think it's going to be realistic that companies will continue with Bitcoin gambling in 2018 unless some improvements are made to the transaction speed and fees.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
mharz
Sr. Member
****
Offline Offline

Activity: 336
Merit: 260


View Profile
January 17, 2018, 09:39:46 AM
 #427

once a person was addicted in gambling it is hard for them to figure out when to stop or to let go. don't put your money in risk for gambling and hoping that you will win always because i can tell there is no good benefits in gambling,even how much skilled you are to play but you are not lucky you will always end up as a loser. you mostly can count on how many times you won but you can't count how many times you lose..hahaha
Yes its true, gambling was a games who makes addicted the many people, it was happen because most of the player played gambling was earned high amount of income in one blink of eye. But they were notice that the possibility to win in gambling was so little, most of all time they played they can lost high amount.

In addition gambling was give headache to many people experienced lost, because they think it so many time on how they can recovered their lost, but instead of recovering they were lost and lost until they bankrupt.

I just wast to suggest to many people to avoid gambling because it was not help to increase the level of their life in the future. Most of the time it was the cause of poorness of high numbers of people.
Barcode_
Staff
Hero Member
*****
Offline Offline

Activity: 3010
Merit: 568


APP下载sbapp.io


View Profile
January 17, 2018, 11:50:05 AM
 #428

Gambling does allows people to have the opportunity to be rich overnight, but of course the risk is much more higher as compare to trading or other traditional investment. I have indeed seen with my own eyes on a few gamblers becoming rich overnight by hitting a big jackpot in gambling.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
edisystem
Full Member
***
Offline Offline

Activity: 588
Merit: 101


Free Crypto in Stake.com Telegram t.me/StakeCasino


View Profile
January 17, 2018, 02:03:02 PM
 #429

Well there are many profsessional gamblers out there and they are called professional gamblers because of a reason and the reason is professional gamblers can earn a living by that and they get benefit by gambling. So yes gambling is worth for SOME people.

South Park
Hero Member
*****
Offline Offline

Activity: 2884
Merit: 794


I am terrible at Fantasy Football!!!


View Profile
January 17, 2018, 07:48:22 PM
 #430

I will not completely claim that gambling is not worth it neither will the recent winner of the Super Ball lottery jackpot who won nearly $600 M. It is only worth it when you eventually win the money other than that, its simply a waste of time and money.
I will tell you the problems of gamblers,  I want to tell you why most of the gambling are not getting profit from gambling. The cause that every gambler always lost his money because he never wants to leave gambling and he has the greed for more winning if he wins a little. This greed took him to the worst situation and he leaves the game when he has nothing left. This is not right otherwise you will never save money.

I don't think this has anything to do with greed. If it were, after losing a little here and there, a truly greedy person would stop gambling and walk away because this very greed would prevent him from losing any more. In other words, his greed would make him loathe gambling in a short while. I suspect we should rather talk here about gambling addiction, which is not particularly different from, for example, alcohol or drug addiction.

Does greed have anything to do with these?
Greed is the desire to get more of something, more money, more cars, more fancy clothes, so those that gamble with a sense of greed do so because they envision themselves bankrupting the casino and getting all that money for themselves but as we know that is impossible and they hurt themselves as a result of their actions.

██████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
█████████████████████████
██████████████████████
.SHUFFLE.COM..███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
█████████████████████
████████████████████
██████████████████████
████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
██████████████████████
██████████████████████
██████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
███████████████████████
.
...Next Generation Crypto Casino...
Juliedarwin
Full Member
***
Offline Offline

Activity: 462
Merit: 100


View Profile
January 17, 2018, 09:25:03 PM
 #431

Many people here are asking "How gambling can benefits us by winning" on it using strategy like Martingale, or pure luck when we are playing DICE?
But I'm just wondering when do people will realize that gambling can never be the one that could benefits us, because the truth is, we could lose the thing that we can't lose to afford before we could be benefited by gambling.

Yes gambling is not giving any benefits that we had too. Probably gambling are wasting time to play. Wasting money at all is too much not giving as hope. Not unless you're a professional gambler. You can play and you know how to handle the game.
Dreamchaser21
Full Member
***
Offline Offline

Activity: 686
Merit: 108



View Profile
January 18, 2018, 09:01:58 AM
 #432

once a person was addicted in gambling it is hard for them to figure out when to stop or to let go. don't put your money in risk for gambling and hoping that you will win always because i can tell there is no good benefits in gambling,even how much skilled you are to play but you are not lucky you will always end up as a loser. you mostly can count on how many times you won but you can't count how many times you lose..hahaha

It's not advisable to do gamble because of current transaction fee. Even when you;re trading. Transaction fee sucks!

Gambling is build for fun factor and it is not a best way to earn more profits if you are in this mindset you will not able to earn more money but you can win a little profit by using gambling in.a correct way so use gambling as an entertainment one .

There is no assurance that you can make profit through gambling that is why its very risky to do so. Even if the transaction fees gets lower I think gambling is still not advisable if your goal is just to have make money. Basically gambling is made for fun but since people are greedy they end up loosing money and make gambling as a part of their life which is not good.
kryptorian
Jr. Member
*
Offline Offline

Activity: 84
Merit: 8


View Profile
January 18, 2018, 09:20:06 AM
 #433

Gambling does allows people to have the opportunity to be rich overnight, but of course the risk is much more higher as compare to trading or other traditional investment. I have indeed seen with my own eyes on a few gamblers becoming rich overnight by hitting a big jackpot in gambling.

But only a chosen few can actually monetize on this "opportunity" as you euphemistically call it. The rest come back shorn to their tight cubicles and noisy bosses on Monday mornings. So if you hit a huge jackpot and do become rich overnight, you should consider yourself an extremely lucky person. Or you can be happy with what you've got and gamble occasionally with your pocket money.
crwth
Copper Member
Legendary
*
Online Online

Activity: 2758
Merit: 1250


Try Gunbot for a month go to -> https://gunbot.ph


View Profile WWW
January 18, 2018, 10:02:16 AM
 #434

Gambling does allows people to have the opportunity to be rich overnight, but of course the risk is much more higher as compare to trading or other traditional investment. I have indeed seen with my own eyes on a few gamblers becoming rich overnight by hitting a big jackpot in gambling.

But only a chosen few can actually monetize on this "opportunity" as you euphemistically call it. The rest come back shorn to their tight cubicles and noisy bosses on Monday mornings. So if you hit a huge jackpot and do become rich overnight, you should consider yourself an extremely lucky person. Or you can be happy with what you've got and gamble occasionally with your pocket money.
If you have the chance to win at a 1% chance that would give you a multiplier of 99 of your bet, that is already a great win but it doesn't make you instant rich because it will depend on the bet that you have. For example, you bet only 0.0002 on that that's closely near to 0.02. But if it is 0.002 that is already 0.2 that makes a lot of difference.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
wildan88
Legendary
*
Offline Offline

Activity: 1862
Merit: 1046



View Profile
January 18, 2018, 01:33:56 PM
 #435

Many people here are asking "How gambling can benefits us by winning" on it using strategy like Martingale, or pure luck when we are playing DICE?
But I'm just wondering when do people will realize that gambling can never be the one that could benefits us, because the truth is, we could lose the thing that we can't lose to afford before we could be benefited by gambling.

Yes gambling is not giving any benefits that we had too. Probably gambling are wasting time to play. Wasting money at all is too much not giving as hope. Not unless you're a professional gambler. You can play and you know how to handle the game.

the first time when I think people can get a lot of money from gambling, I was interested in it. because I think the game easily but could earn a lot of money. but after playing 3 years and aware of everything, I think gambling is not changing my life, and I think right, gambling not giving any benefits. but the victory just to make fun of a moment, so I think gambling is only for having fun.

.
..1xBit.com   Super Six..
▄█████████████▄
████████████▀▀▀
█████████████▄
█████████▌▀████
██████████  ▀██
██████████▌   ▀
████████████▄▄
███████████████
███████████████
███████████████
███████████████
███████████████
▀██████████████
███████████████
█████████████▀
█████▀▀       
███▀ ▄███     ▄
██▄▄████▌    ▄█
████████       
████████▌     
█████████    ▐█
██████████   ▐█
███████▀▀   ▄██
███▀   ▄▄▄█████
███ ▄██████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████████
███████████▀▀▀█
██████████     
███████████▄▄▄█
███████████████
███████████████
███████████████
███████████████
███████████████
         ▄█████
        ▄██████
       ▄███████
      ▄████████
     ▄█████████
    ▄███████
   ▄███████████
  ▄████████████
 ▄█████████████
▄██████████████
  ▀▀███████████
      ▀▀███
████
          ▀▀
          ▄▄██▌
      ▄▄███████
     █████████▀

 ▄██▄▄▀▀██▀▀
▄██████     ▄▄▄
███████   ▄█▄ ▄
▀██████   █  ▀█
 ▀▀▀
    ▀▄▄█▀
▄▄█████▄    ▀▀▀
 ▀████████
   ▀█████▀ ████
      ▀▀▀ █████
          █████
       ▄  █▄▄ █ ▄
     ▀▄██▀▀▀▀▀▀▀▀
      ▀ ▄▄█████▄█▄▄
    ▄ ▄███▀    ▀▀ ▀▀▄
  ▄██▄███▄ ▀▀▀▀▄  ▄▄
  ▄████████▄▄▄▄▄█▄▄▄██
 ████████████▀▀    █ ▐█
██████████████▄ ▄▄▀██▄██
 ▐██████████████    ▄███
  ████▀████████████▄███▀
  ▀█▀  ▐█████████████▀
       ▐████████████▀
       ▀█████▀▀▀ █▀
.
Premier League
LaLiga
Serie A
.
Bundesliga
Ligue 1
Primeira Liga
.
..TAKE PART..
Chingchangfu
Jr. Member
*
Offline Offline

Activity: 77
Merit: 7


View Profile
January 18, 2018, 02:16:39 PM
 #436

Many people here are asking "How gambling can benefits us by winning" on it using strategy like Martingale, or pure luck when we are playing DICE?
But I'm just wondering when do people will realize that gambling can never be the one that could benefits us, because the truth is, we could lose the thing that we can't lose to afford before we could be benefited by gambling.
Yes it is so true gambling could give you some profit but think about it most of the time you are losing your money and not winning.

https://flogmall.com/
⚫ INTERNATIONAL E-COMMERCE SITE ⚫   
⚫ FOR USERS FROM ALL OVER THE WORLD ⚫
 
RealPhotoshoper
Legendary
*
Offline Offline

Activity: 1050
Merit: 1001



View Profile
January 18, 2018, 02:24:01 PM
 #437

Actually gambling has no good effect even if they say that for entertainment purpose only, what if you lose do you think it will be okay for you? No, right? Because you will do everything inorder to retrieve all of those money that you lost. However, it is still depend on us on how we will manage our time and money upon it.
I think that in most of the culture and society look gambling in a good sense. A gambler has a bad reputation in the community and overall people don’t like gambling and gambler as well. That’s why a gambler has never benefited from gambling. When something is not good how you can take benefit from that. I want all the people to leave gambling and work hard to earn money and not from gambling.
It makes sense quite a bit because most of addicted gamblers are bankrupt at the end who become no less than ulcer for the society. I think gambling is only a hobby for the upper class who are wealthy enough to bear loses also they are quite cool than the others. They know to how and when to end up the rounds. There are a lot of wealthy gamblers but none of them receives hate from the surroundings if they win or lose they don't really bother it. In the other case for people like from hand to mouth suffers a lot from gambling and thus are not respected.
That's true , those people who have a lot of money is the one and only who can truly treat gamble for entertainment.
Otherwise you will force yourself to do something that you cannot afford .
The risk in gambling is indeed never worth when you do continuously and crossed the limit , so yeaa just stay away if you cannot control everything include your emotion.
kryptorian
Jr. Member
*
Offline Offline

Activity: 84
Merit: 8


View Profile
January 18, 2018, 04:49:26 PM
 #438

Gambling does allows people to have the opportunity to be rich overnight, but of course the risk is much more higher as compare to trading or other traditional investment. I have indeed seen with my own eyes on a few gamblers becoming rich overnight by hitting a big jackpot in gambling.

But only a chosen few can actually monetize on this "opportunity" as you euphemistically call it. The rest come back shorn to their tight cubicles and noisy bosses on Monday mornings. So if you hit a huge jackpot and do become rich overnight, you should consider yourself an extremely lucky person. Or you can be happy with what you've got and gamble occasionally with your pocket money.
If you have the chance to win at a 1% chance that would give you a multiplier of 99 of your bet, that is already a great win but it doesn't make you instant rich because it will depend on the bet that you have. For example, you bet only 0.0002 on that that's closely near to 0.02. But if it is 0.002 that is already 0.2 that makes a lot of difference.

But this is exactly what I'm trying to convey here! If you have a 1% chance to win, that gives you only one man in a hundred who will become rich at these odds, while the rest of the gang will definitely lose. In real life, when the stakes are high, only one will make it into the wealth, the chosen one, with the others biting the dust for lack of luck. Would you want to take advantage of this unique "opportunity"?
Don Pedro Dinero
Legendary
*
Offline Offline

Activity: 1302
Merit: 1506


The first decentralized crypto betting platform


View Profile WWW
January 18, 2018, 08:05:33 PM
 #439

Gambling does allows people to have the opportunity to be rich overnight, but of course the risk is much more higher as compare to trading or other traditional investment. I have indeed seen with my own eyes on a few gamblers becoming rich overnight by hitting a big jackpot in gambling.

But only a chosen few can actually monetize on this "opportunity" as you euphemistically call it. The rest come back shorn to their tight cubicles and noisy bosses on Monday mornings. So if you hit a huge jackpot and do become rich overnight, you should consider yourself an extremely lucky person. Or you can be happy with what you've got and gamble occasionally with your pocket money.
If you have the chance to win at a 1% chance that would give you a multiplier of 99 of your bet, that is already a great win but it doesn't make you instant rich because it will depend on the bet that you have. For example, you bet only 0.0002 on that that's closely near to 0.02. But if it is 0.002 that is already 0.2 that makes a lot of difference.

But this is exactly what I'm trying to convey here! If you have a 1% chance to win, that gives you only one man in a hundred who will become rich at these odds, while the rest of the gang will definitely lose. In real life, when the stakes are high, only one will make it into the wealth, the chosen one, with the others biting the dust for lack of luck. Would you want to take advantage of this unique "opportunity"?

That is a bad example. Nobody becomes rich by winning a 99 to 1 chance, unless that person is betting too much, in which case he will go bankrupt 99% of the times. The vast majority of players don’t bet that much.

Second, if odds are 99 to 1, the casino is always going to pay you less than 99.

And finally, when people hit a jackpot end up losing the money by betting again. Some even lose it the same day,

LuanX3
Hero Member
*****
Offline Offline

Activity: 756
Merit: 505



View Profile
January 19, 2018, 06:04:29 AM
 #440

Gambling does allows people to have the opportunity to be rich overnight, but of course the risk is much more higher as compare to trading or other traditional investment. I have indeed seen with my own eyes on a few gamblers becoming rich overnight by hitting a big jackpot in gambling.

But only a chosen few can actually monetize on this "opportunity" as you euphemistically call it. The rest come back shorn to their tight cubicles and noisy bosses on Monday mornings. So if you hit a huge jackpot and do become rich overnight, you should consider yourself an extremely lucky person. Or you can be happy with what you've got and gamble occasionally with your pocket money.
If you have the chance to win at a 1% chance that would give you a multiplier of 99 of your bet, that is already a great win but it doesn't make you instant rich because it will depend on the bet that you have. For example, you bet only 0.0002 on that that's closely near to 0.02. But if it is 0.002 that is already 0.2 that makes a lot of difference.

But this is exactly what I'm trying to convey here! If you have a 1% chance to win, that gives you only one man in a hundred who will become rich at these odds, while the rest of the gang will definitely lose. In real life, when the stakes are high, only one will make it into the wealth, the chosen one, with the others biting the dust for lack of luck. Would you want to take advantage of this unique "opportunity"?

That is a bad example. Nobody becomes rich by winning a 99 to 1 chance, unless that person is betting too much, in which case he will go bankrupt 99% of the times. The vast majority of players don’t bet that much.

Second, if odds are 99 to 1, the casino is always going to pay you less than 99.

And finally, when people hit a jackpot end up losing the money by betting again. Some even lose it the same day,


That is too true, 1% chance to win is will not really generate you money in fact you lose more quickly. First off, you will lose in the long run since you are really playing against the casino which has a house edge. Also, in the event you do win, then that is the time to cash out. If you made profits, quit already. There are so many gamblers that won something but in the end lost everything since they got greedy.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 [22] 23 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!