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Author Topic: Experiment: 1% profit daily gambling over 90 days (91 days exactly)  (Read 3036 times)
ViceOfBTC21 (OP)
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August 18, 2017, 04:49:45 PM
Last edit: August 18, 2017, 05:51:17 PM by ViceOfBTC21
 #1

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.
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August 18, 2017, 04:51:15 PM
 #2

Sounds like a great thread to follow.

OP.. Where are you going to trade?
ViceOfBTC21 (OP)
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August 18, 2017, 04:59:40 PM
 #3

Sounds like a great thread to follow.

OP.. Where are you going to trade?
I'm going to gamble on Bitsler. I will give you out my username for sake of live updates.
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August 18, 2017, 08:57:34 PM
 #4

Sounds like a great thread to follow.

OP.. Where are you going to trade?
I'm going to gamble on Bitsler. I will give you out my username for sake of live updates.

Awesome! Looking forward to it.
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August 18, 2017, 10:34:00 PM
 #5

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

This will hardly prove anything, you can make a bad/good investment, it doesn't have anything to do with random chance while gambling does.
Also, you should be able to profit from HYIPs with enough experience and getting in early, while gambling hmm
I don't think there is anything to do to beat the house longterm, you can do it short term though.

Looking for a signature campaign.
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August 19, 2017, 12:04:39 AM
 #6

And why you do not make sports bets ?
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August 19, 2017, 12:11:21 AM
 #7

Gambling is always depended on your luck and it is most unpredictable so we can't say whether we can make everyday 1% or more or less. Sometimes you can lose your bankroll before even you win a single bet or roll. Also, if it works one time for you there is no guaranty that you will get the same result when you repeat this experiment again. Goog luck to you.....
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August 19, 2017, 12:21:26 AM
 #8

Gambling is always depended on your luck and it is most unpredictable so we can't say whether we can make everyday 1% or more or less. Sometimes you can lose your bankroll before even you win a single bet or roll. Also, if it works one time for you there is no guaranty that you will get the same result when you repeat this experiment again. Goog luck to you.....
You are absolutely right but the sports bets if you know sports and you know some more  things you can make money it is not like the casino and dice that everything depends on the luck
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August 19, 2017, 02:51:57 AM
 #9

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

Seems like a good idea to try in real life especially if you have .002 just lying around. I'll follow your thread and see what will come out of this (even though I already know what will happen  Roll Eyes ). I'll also show this to my friend who is always arguing with me and his belief is that "gambling is always better than trading".
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August 19, 2017, 02:59:22 AM
 #10

So you want 90% profit. I think it can be frustrating after 90 days... So many successful days and you need only one to destroy all the progress done on last days. But it's an interesting experience and it can proove something to people who think they are safe just because they gamble once a day for few minutes only. I will follow this thread too...

 
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August 19, 2017, 05:11:02 AM
 #11

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

Seems like a good idea to try in real life especially if you have .002 just lying around. I'll follow your thread and see what will come out of this (even though I already know what will happen  Roll Eyes ). I'll also show this to my friend who is always arguing with me and his belief is that "gambling is always better than trading".

If people go to trading by thinking that they can make a money in few hours then it is almost like gambling and more chances of losing money. But if people buy some good coins and hold it until its prices go up then trading is much better than gambling. Anyway, gambling is for entertainment purpose not for making money and I'm very sure OP is going to lose his bankroll.
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August 19, 2017, 05:59:28 AM
 #12

Instead of dice , you can go for sports-betting actually if you are looking for such small profit per day because the most hot favorites are given 1.02 odds to 1.05 odds so you can go for that instead of taking risk with dice Smiley Just my opinion though .



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August 19, 2017, 07:32:30 AM
 #13

in gambling once you win, then twice you lose. lower bets win, win win, higher bets lose lose lose.. hehehehhh
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August 19, 2017, 08:16:23 AM
 #14

If you are so confident about loosing, you'll be making bets haphazardly and without any strategy.  Wink
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August 19, 2017, 10:34:05 AM
 #15

so like an interesting. do you mean you will do trading on bitsler?
ViceOfBTC21 (OP)
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August 19, 2017, 10:37:20 AM
 #16

And why you do not make sports bets ?
I know but it's much harder to get 1% daily betting sports.

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

Seems like a good idea to try in real life especially if you have .002 just lying around. I'll follow your thread and see what will come out of this (even though I already know what will happen  Roll Eyes ). I'll also show this to my friend who is always arguing with me and his belief is that "gambling is always better than trading".

If people go to trading by thinking that they can make a money in few hours then it is almost like gambling and more chances of losing money. But if people buy some good coins and hold it until its prices go up then trading is much better than gambling. Anyway, gambling is for entertainment purpose not for making money and I'm very sure OP is going to lose his bankroll.
Of course I know it's for entertainment purposes. This experiment is to test my luck not to profit.

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

This will hardly prove anything, you can make a bad/good investment, it doesn't have anything to do with random chance while gambling does.
Also, you should be able to profit from HYIPs with enough experience and getting in early, while gambling hmm
I don't think there is anything to do to beat the house longterm, you can do it short term though.
Casino games are -EV but I once won a lot playing Multicolor game.

So you want 90% profit. I think it can be frustrating after 90 days... So many successful days and you need only one to destroy all the progress done on last days. But it's an interesting experience and it can proove something to people who think they are safe just because they gamble once a day for few minutes only. I will follow this thread too...
It will be compounded profit.
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August 19, 2017, 10:44:55 AM
 #17

I really don't think that this experiment is going to show much at all due to the fact that there can be short term variances that will affect the outcome of your bets. We all know that gambling is -EV, and hyips are even worse.

Although 1% profit seems to be achievable, it is definitely not sustainable.

If my calculations are correct then the odds of you winning all of the 90 bets is only going to be around 16~%(i'm not a mathematician so if someone thinks its wrong lmk). You're probably better off placing a single bet, you'd be exposed to less house edge.
ViceOfBTC21 (OP)
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August 19, 2017, 10:48:28 AM
 #18

I really don't think that this experiment is going to show much at all due to the fact that there can be short term variances that will affect the outcome of your bets. We all know that gambling is -EV, and hyips are even worse.

Although 1% profit seems to be achievable, it is definitely not sustainable.

If my calculations are correct then the odds of you winning all of the 90 bets is only going to be around 16~%(i'm not a mathematician so if someone thinks its wrong lmk). You're probably better off placing a single bet, you'd be exposed to less house edge.
It's wrong, it won't be exactly 90 bets. But odds are much lower than 16%. I have a strategy but I will keep it secret for now.
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August 19, 2017, 10:48:57 AM
 #19

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.
1% daily, you just bet all your money with 1.01 odd once a day. This won't prove gambling is better than anything, just based on your lucky
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August 19, 2017, 10:51:11 AM
Last edit: August 19, 2017, 11:02:56 AM by ViceOfBTC21
 #20

Just bulit 0.15 mBTC capital on Bitsler. I hope I have straight road for 2 mBTC so I risk only hard-won money.
Just lost these 0.15 mBTC.

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.
1% daily, you just bet all your money with 1.01 odd once a day. This won't prove gambling is better than anything, just based on your lucky
I won't go all-in too, I won't use Martingale too. I will use my own strategy.
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August 19, 2017, 11:01:25 AM
 #21

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

This will hardly prove anything, you can make a bad/good investment, it doesn't have anything to do with random chance while gambling does.
Also, you should be able to profit from HYIPs with enough experience and getting in early, while gambling hmm
I don't think there is anything to do to beat the house longterm, you can do it short term though.

I guess his point is not about investment, but to prove that gambling is not a good idea to make profit. I would tend to agree that it is only slightly better than HYIPS - where there is no house edge and you're gambling purely on whether or not you can exit before the guaranteed scam happens. The only way you can really make money with HYIPs is if you're banking on referral profits. It is a slightly inaccurate comparison though. Trading shouldn't be considered gambling.

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August 19, 2017, 11:05:56 AM
Last edit: August 19, 2017, 01:46:20 PM by ViceOfBTC21
 #22

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

This will hardly prove anything, you can make a bad/good investment, it doesn't have anything to do with random chance while gambling does.
Also, you should be able to profit from HYIPs with enough experience and getting in early, while gambling hmm
I don't think there is anything to do to beat the house longterm, you can do it short term though.

I guess his point is not about investment, but to prove that gambling is not a good idea to make profit. I would tend to agree that it is only slightly better than HYIPS - where there is no house edge and you're gambling purely on whether or not you can exit before the guaranteed scam happens. The only way you can really make money with HYIPs is if you're banking on referral profits. It is a slightly inaccurate comparison though. Trading shouldn't be considered gambling.

Trading is gamble too but much safer and with little risk. It's poker, chess and roulette in one. Poker because even losing trade can win, you play against other people and it can +EV if you have enough skill. Chess because it can improve your trading skills. Roulette because you can win trade by luck without any skill.
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August 19, 2017, 02:08:42 PM
 #23

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

Of course trading is better than gambling and gambling is better than HYIP. So why you need to prove it? People might think that gambling is profitable because it can gain some profit and you do not need much money to hit some good payout. Mean while by trading, you really need some bankroll to earn good profit but there is no way you can get profit with small bankroll. And others like HYIP, this will never be profitable, you will lose your money when you start it

Btw your 1% profit, how are going to do it? Because as I know there is no guarantee like 1% everyday like 90 day? This must be really crazy if you can earn that. Going to see what will happen
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August 19, 2017, 02:25:52 PM
 #24

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

This will hardly prove anything, you can make a bad/good investment, it doesn't have anything to do with random chance while gambling does.
Also, you should be able to profit from HYIPs with enough experience and getting in early, while gambling hmm
I don't think there is anything to do to beat the house longterm, you can do it short term though.

I guess his point is not about investment, but to prove that gambling is not a good idea to make profit. I would tend to agree that it is only slightly better than HYIPS - where there is no house edge and you're gambling purely on whether or not you can exit before the guaranteed scam happens. The only way you can really make money with HYIPs is if you're banking on referral profits. It is a slightly inaccurate comparison though. Trading shouldn't be considered gambling.

Trading is gamble too but much safer and with little risk. It's poker, chess and roulette in one. Poker because even losing trade can win, you play against other people and it can +EV if you have enough skill. Chess because it can improve your trading skills. Roulette because you can win trade by luck without any skill.

Gambling and trading are two different things. Gambling is totally based on probability and luck while trading is totally skill based. I don't know what was the point of doing all this.
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August 19, 2017, 03:34:52 PM
 #25

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

This will hardly prove anything, you can make a bad/good investment, it doesn't have anything to do with random chance while gambling does.
Also, you should be able to profit from HYIPs with enough experience and getting in early, while gambling hmm
I don't think there is anything to do to beat the house longterm, you can do it short term though.

I guess his point is not about investment, but to prove that gambling is not a good idea to make profit. I would tend to agree that it is only slightly better than HYIPS - where there is no house edge and you're gambling purely on whether or not you can exit before the guaranteed scam happens. The only way you can really make money with HYIPs is if you're banking on referral profits. It is a slightly inaccurate comparison though. Trading shouldn't be considered gambling.

Trading is gamble too but much safer and with little risk. It's poker, chess and roulette in one. Poker because even losing trade can win, you play against other people and it can +EV if you have enough skill. Chess because it can improve your trading skills. Roulette because you can win trade by luck without any skill.

Gambling and trading are two different things. Gambling is totally based on probability and luck while trading is totally skill based. I don't know what was the point of doing all this.
Well , in the crypto world I guess trading is more of a gambling too because there are lot of shit coins and you gotto be lucky to make some profits with that and yes ofc skill is required but crypto trading is not even close to normal trading .



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August 19, 2017, 04:26:41 PM
 #26

Well , in the crypto world I guess trading is more of a gambling too because there are lot of shit coins and you gotto be lucky to make some profits with that and yes ofc skill is required but crypto trading is not even close to normal trading .

Well, if you have the skill, you're probably going to understand they are shitcoins and you won't invest in them.
In gambling it's probability, not skill

But for someone with no knowledge or experience it's far better to gamble than to invest in something he doesn't understand.

Looking for a signature campaign.
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August 19, 2017, 05:37:58 PM
 #27

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

This will hardly prove anything, you can make a bad/good investment, it doesn't have anything to do with random chance while gambling does.
Also, you should be able to profit from HYIPs with enough experience and getting in early, while gambling hmm
I don't think there is anything to do to beat the house longterm, you can do it short term though.

I guess his point is not about investment, but to prove that gambling is not a good idea to make profit. I would tend to agree that it is only slightly better than HYIPS - where there is no house edge and you're gambling purely on whether or not you can exit before the guaranteed scam happens. The only way you can really make money with HYIPs is if you're banking on referral profits. It is a slightly inaccurate comparison though. Trading shouldn't be considered gambling.

Trading is gamble too but much safer and with little risk. It's poker, chess and roulette in one. Poker because even losing trade can win, you play against other people and it can +EV if you have enough skill. Chess because it can improve your trading skills. Roulette because you can win trade by luck without any skill.

Gambling and trading are two different things. Gambling is totally based on probability and luck while trading is totally skill based. I don't know what was the point of doing all this.
Really? In gambling there is 5% skill 95% chance and in trading 60% skill 40% chance unless you manipulate market. The skill in gambling is know when to change provably fair seeds, which betting strategy you should use and when to quit gambling. Also there is at most only 1% skill predicting the next roll of dice.
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August 19, 2017, 05:40:56 PM
 #28

so what are you trying to prove here ?? we all know that making money is impossible in -EV games
91 days with only 1% a day won't prove a thing , it easy to make 300% or bust a day and that wont prove a thing too
it may turn as a success and it may fail , but really man 91% isn't big and it won't prove anything
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August 19, 2017, 07:02:56 PM
 #29

so what are you trying to prove here ?? we all know that making money is impossible in -EV games
91 days with only 1% a day won't prove a thing , it easy to make 300% or bust a day and that wont prove a thing too
it may turn as a success and it may fail , but really man 91% isn't big and it won't prove anything

I'm trying to prove that trading > gambling = HYIPs. HYIPs are less fair but with equal risk.
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August 20, 2017, 04:48:55 AM
 #30

I wish you luck in your experiment See if you can do it Wink

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August 20, 2017, 07:28:20 AM
 #31

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

At the moment Day trading at cryptocurrencies is better then gambling just for the reason that the crypto market is being in a significantly increase.

I mean, new investors are coming up every day who makes the price of the crypto coins to go even higher then now, so it is very good and profitable for investors.

Try to make this experiment on a stocks market where the market is not being in a permanent increase
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August 20, 2017, 08:29:36 AM
 #32

so what are you trying to prove here ?? we all know that making money is impossible in -EV games
91 days with only 1% a day won't prove a thing , it easy to make 300% or bust a day and that wont prove a thing too
it may turn as a success and it may fail , but really man 91% isn't big and it won't prove anything

I'm trying to prove that trading > gambling = HYIPs. HYIPs are less fair but with equal risk.
I think the idea of an experiment is rather interesting but could you elaborate more on the plan you have? You gamble for a month and a half with 0.002, right? What if you lose this money a lot faster than that? And where is the part of proving that trading is better? Are you going to do the same on the market later? I think you lack methodology on this matter. I suppose that to prove something you have to develop strict rules and somehow put trading and gambling in equal conditions. For example, you could do something like that:
- gamble for 5 days 1 hour per day with a strict limit of the max bet and overall budget;
- spend time on buying/selling and exploring cryptos for 5 days 1 hour/day using the same max investment sum and the same overall budget.

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August 20, 2017, 08:44:10 AM
 #33

so what are you trying to prove here ?? we all know that making money is impossible in -EV games
91 days with only 1% a day won't prove a thing , it easy to make 300% or bust a day and that wont prove a thing too
it may turn as a success and it may fail , but really man 91% isn't big and it won't prove anything

I'm trying to prove that trading > gambling = HYIPs. HYIPs are less fair but with equal risk.

not necessary , trading can be way worse than gambling when you don't know what you doing
I remember that I did horrible trades in my first days , we can't just say that trading is better than gambling

in other words some traders may have an average of like -4% of the trades they do , while in most gambling games the expected value is -1%
but yeah trading is profitable as long as the person is gaining experience 
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August 20, 2017, 02:47:11 PM
 #34

so what are you trying to prove here ?? we all know that making money is impossible in -EV games
91 days with only 1% a day won't prove a thing , it easy to make 300% or bust a day and that wont prove a thing too
it may turn as a success and it may fail , but really man 91% isn't big and it won't prove anything

I'm trying to prove that trading > gambling = HYIPs. HYIPs are less fair but with equal risk.

Gambling is not the same as HYIP, you can't judge it like that. HYIP is hard to predict if you are going to win your money back or not mean while in gambling you can control it by yourselves, so winning and losing is depends on yourselves while you gambling around. Both of these things has different meaning. And you might even get profit by doing sportbetting, if you have enough resources
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August 21, 2017, 05:17:20 PM
 #35

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

This will hardly prove anything, you can make a bad/good investment, it doesn't have anything to do with random chance while gambling does.
Also, you should be able to profit from HYIPs with enough experience and getting in early, while gambling hmm
I don't think there is anything to do to beat the house longterm, you can do it short term though.

I guess his point is not about investment, but to prove that gambling is not a good idea to make profit. I would tend to agree that it is only slightly better than HYIPS - where there is no house edge and you're gambling purely on whether or not you can exit before the guaranteed scam happens. The only way you can really make money with HYIPs is if you're banking on referral profits. It is a slightly inaccurate comparison though. Trading shouldn't be considered gambling.

Gambling is much better then HYIP. In hyip you risk losing everything you out in to get a small amount each day. 40 days to double your money usually on HYIPs in a casino you roll one side and have 50/50 odds you know are fair. HYIP you will. Other people's money they lost so its like stealing and tou know you doing it.
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August 21, 2017, 05:30:24 PM
 #36

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

This will hardly prove anything, you can make a bad/good investment, it doesn't have anything to do with random chance while gambling does.
Also, you should be able to profit from HYIPs with enough experience and getting in early, while gambling hmm
I don't think there is anything to do to beat the house longterm, you can do it short term though.

I guess his point is not about investment, but to prove that gambling is not a good idea to make profit. I would tend to agree that it is only slightly better than HYIPS - where there is no house edge and you're gambling purely on whether or not you can exit before the guaranteed scam happens. The only way you can really make money with HYIPs is if you're banking on referral profits. It is a slightly inaccurate comparison though. Trading shouldn't be considered gambling.

Gambling is much better then HYIP. In hyip you risk losing everything you out in to get a small amount each day. 40 days to double your money usually on HYIPs in a casino you roll one side and have 50/50 odds you know are fair. HYIP you will. Other people's money they lost so its like stealing and tou know you doing it.

Much better than HYIP I don't think so... They are very similar, most people at this moment see HYIP as gambling as they put some money there and count with their luck to have profit before the scheme crashes. I say luck because it's impossible to predict if more people will invest, how much they will invest. But in the end both enthusiasts (gamblers and HYIP investors) know they can lose hard, but they know there is some chance of profit too.

I'm ignoring possible 'innocents' investors as we have already seen these schemes coming and going in bunches. So I don't believe there are innocents anymore investing in HYIPs and Ponzi schemes, they are gamblers.

 
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August 21, 2017, 07:41:56 PM
 #37

Gambling always is a loss longterm. Furthermore, I see no need to go on for 90 days. With gambling, you can easily reproduce those 90 days in a short time by betting faster without changing your strategy.

HYIPs are quite bad too. If you do not lose your own money, you'll profit from the theft made to some other people.

Trading is best. Here you are supported by luck in as much as you do not know what you are doing.

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August 22, 2017, 09:44:39 AM
Last edit: August 22, 2017, 05:57:03 PM by ViceOfBTC21
 #38

so what are you trying to prove here ?? we all know that making money is impossible in -EV games
91 days with only 1% a day won't prove a thing , it easy to make 300% or bust a day and that wont prove a thing too
it may turn as a success and it may fail , but really man 91% isn't big and it won't prove anything

I'm trying to prove that trading > gambling = HYIPs. HYIPs are less fair but with equal risk.

not necessary , trading can be way worse than gambling when you don't know what you doing
I remember that I did horrible trades in my first days , we can't just say that trading is better than gambling

in other words some traders may have an average of like -4% of the trades they do , while in most gambling games the expected value is -1%
but yeah trading is profitable as long as the person is gaining experience 
No, it's still better to lose your life savings from trading than gambling.

Gambling always is a loss longterm. Furthermore, I see no need to go on for 90 days. With gambling, you can easily reproduce those 90 days in a short time by betting faster without changing your strategy.

HYIPs are quite bad too. If you do not lose your own money, you'll profit from the theft made to some other people.

Trading is best. Here you are supported by luck in as much as you do not know what you are doing.
I know the most skill-based gambling game played in casinos is poker. It's +EV when you know what you are doing. I think poker is more skill based than trading but if you learn risk management, then you can gamble on finance without predefined odds. And why you say that trading require lots of skill? It's really easy, gambling is harder to predict, I read How to make money trading Bitcoin Reddit series and Gunbot thread, opened demo account and sucking out lots of money from other traders. Then I deposited 0.003 BTC into Bitfinex and then got 0.0035 BTC in less than week. Basically saying I'm stealing money from the market. So I've found a talent for trading and I'm going to improve trading skills.
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August 22, 2017, 12:35:55 PM
 #39

Why stop at one percent a day? It is called gambling for a reason, and i have seen odds on 1.01 busted a few times. Good luck though, Ill be following with keen interest.
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August 22, 2017, 01:38:02 PM
 #40

I wish you luck in your experiment See if you can do it Wink



I can do everything because i'm known as multi talented haha. Seems funny right i would like to say we should hard work then we can get many things.
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August 23, 2017, 12:19:04 AM
 #41

Gambling always is a loss longterm. Furthermore, I see no need to go on for 90 days. With gambling, you can easily reproduce those 90 days in a short time by betting faster without changing your strategy.

HYIPs are quite bad too. If you do not lose your own money, you'll profit from the theft made to some other people.

Trading is best. Here you are supported by luck in as much as you do not know what you are doing.

Gambling in a long term will always lose, that is why you should control yourselves before busted, actually it is profitable somehow and it is depends on your luck too. May be you will even hit big without knowing it, we never know when luck will comes though. But if you want to be sure profit then you should get to trade, from current trend, it is up trend so may be it has high possibility that the price will still going up
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August 23, 2017, 01:40:35 AM
 #42

I wish you luck in your experiment See if you can do it Wink



I can do everything because i'm known as multi talented haha. Seems funny right i would like to say we should hard work then we can get many things.

Hard work in gambling?

In gambling, you just need a luck not hard work to win money because if you're not lucky then your hard work also will not bring you money. 1% seems very less and it looks easy to achieve but in gambling many time you will lose your bankroll before you win that 1%. I know your a multi talented but so you should be careful in gambling.
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August 23, 2017, 11:03:53 AM
Last edit: August 23, 2017, 06:21:11 PM by ViceOfBTC21
 #43

I wish you luck in your experiment See if you can do it Wink



I can do everything because i'm known as multi talented haha. Seems funny right i would like to say we should hard work then we can get many things.

Hard work in gambling?

In gambling, you just need a luck not hard work to win money because if you're not lucky then your hard work also will not bring you money. 1% seems very less and it looks easy to achieve but in gambling many time you will lose your bankroll before you win that 1%. I know your a multi talented but so you should be careful in gambling.
Gambling is like trading. You need to predict next roll using prediction skills and quit in good time to have chance of winning. Gambling is totally skill based.
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August 24, 2017, 09:26:36 PM
 #44

I wish you luck in your experiment See if you can do it Wink



I can do everything because i'm known as multi talented haha. Seems funny right i would like to say we should hard work then we can get many things.

Hard work in gambling?

In gambling, you just need a luck not hard work to win money because if you're not lucky then your hard work also will not bring you money. 1% seems very less and it looks easy to achieve but in gambling many time you will lose your bankroll before you win that 1%. I know your a multi talented but so you should be careful in gambling.
Gambling is like trading. You need to predict next roll using prediction skills and quit in good time to have chance of winning. Gambling is totally skill based.

There is a difference however. Compare some kid who funded his first Forex broker account with $2000 off his hard earn money delivering Pizza's and compare some Wall Street economist that funded his Stock Broker account with $20000 and see which person will make money, or at least not lose everything.

One has experience and a higher edge and can make money.

With gambling besides the difference in capital, everyone has the exact same house edge and follow the exact same provably fair rules. There is little difference between someone with little capital and someone with big capital. Its basically a risky game, some win and some lose.

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August 25, 2017, 01:23:15 PM
Last edit: January 11, 2018, 04:48:15 PM by ViceOfBTC21
 #45

I wish you luck in your experiment See if you can do it Wink



I can do everything because i'm known as multi talented haha. Seems funny right i would like to say we should hard work then we can get many things.

Hard work in gambling?

In gambling, you just need a luck not hard work to win money because if you're not lucky then your hard work also will not bring you money. 1% seems very less and it looks easy to achieve but in gambling many time you will lose your bankroll before you win that 1%. I know your a multi talented but so you should be careful in gambling.
Gambling is like trading. You need to predict next roll using prediction skills and quit in good time to have chance of winning. Gambling is totally skill based.

There is a difference however. Compare some kid who funded his first Forex broker account with $2000 off his hard earn money delivering Pizza's and compare some Wall Street economist that funded his Stock Broker account with $20000 and see which person will make money, or at least not lose everything.

One has experience and a higher edge and can make money.

With gambling besides the difference in capital, everyone has the exact same house edge and follow the exact same provably fair rules. There is little difference between someone with little capital and someone with big capital. Its basically a risky game, some win and some lose.
I was little nervous when I wrote that post. Nervous to other people so I wrote this comment. I know gambling is no skill but same luck. Kid can double money trading by luck but odds are against him because of broker fees (house edge).

PS. I'm emo kid and wrote this because I accidentally deleted Bring Me The Horizon album on my desktop. I knew you would laugh at me but I use Total Commander and I have accidentally pressed F8 instead of F3.
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August 25, 2017, 11:16:10 PM
 #46

Interesting thread to watch out
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August 25, 2017, 11:45:22 PM
 #47

Such a interesting experiment well follow this and we will see if what are the actually gives you more profit..
And i can say too that trading is more profitable than gambling..

I wish you luck in your experiment See if you can do it Wink



I can do everything because i'm known as multi talented haha. Seems funny right i would like to say we should hard work then we can get many things.

Hard work in gambling?

In gambling, you just need a luck not hard work to win money because if you're not lucky then your hard work also will not bring you money. 1% seems very less and it looks easy to achieve but in gambling many time you will lose your bankroll before you win that 1%. I know your a multi talented but so you should be careful in gambling.
Gambling is like trading. You need to predict next roll using prediction skills and quit in good time to have chance of winning. Gambling is totally skill based.

There is a difference however. Compare some kid who funded his first Forex broker account with $2000 off his hard earn money delivering Pizza's and compare some Wall Street economist that funded his Stock Broker account with $20000 and see which person will make money, or at least not lose everything.

One has experience and a higher edge and can make money.

With gambling besides the difference in capital, everyone has the exact same house edge and follow the exact same provably fair rules. There is little difference between someone with little capital and someone with big capital. Its basically a risky game, some win and some lose.
I was little nervous when I wrote that post. Nervous to other people so I wrote this comment. I know gambling is no skill but same luck. Kid can double money trading by luck but odds are against him because of broker fees (house edge).
In trading it can be similar to in gambling if you invest in altcoin which is risky like a new release coins to the market from ICO that i think those are risky you are gamble if you invest in those altcoin sometimes it can brings you more profit but not good if you greedy so if you already make a profit in altcoin be satisfied and withdraw it and go to the next altcoin..
For less risk better to go in altcoin which is already had $500k+ marketcap which is i think can stay for longer in the market but it takes long time to make you profit.. the others are in the top 20 altcoin which i think has a good movement of the price in the market..
Gambling was honestly hard to make profit it is just the that you are investing in ICO that you don't know if you can make profit in the end or not if you greed you will lose.. .

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August 26, 2017, 05:18:01 AM
 #48

I don't understand how you say gambling is skill. What strategy are you using and what does it mater when you change the seed? Please explain this. I gamble on crypto-games.net and want to know what difference changing the seed does. Also, how is your profits for the experiment going so far?

In gambling, no strategies will work but you may win or two times not always. Crypto-games site always gives a good consistent profit to investors for a long time that means that it may not be a good option for gamblers because mostly gamblers are losing so investors are making a profit. Gambling in any site always ends up in losses only so just gamble for fun.
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August 26, 2017, 08:34:22 AM
 #49

goodluck with that,you will really need it!
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August 26, 2017, 01:04:00 PM
 #50

Interesting thread to watch out

I do not think that OP still post his profit each day, instead of posting his profit, he tend to not to be here for some time and have not put any update on it. So I think this is just wasting here if you keep on watching this thread, just better if you try to make some move to get some bucks
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August 26, 2017, 02:13:37 PM
 #51

Interesting thread to watch out

I do not think that OP still post his profit each day, instead of posting his profit, he tend to not to be here for some time and have not put any update on it. So I think this is just wasting here if you keep on watching this thread, just better if you try to make some move to get some bucks

The experiment is over as is written above.

Anyway I am planning on doing something similer sometime this month , I can PM you once I did so you can follow.
Still checking up things so we maybe set up an open spreadsheet so everyone can see.
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August 26, 2017, 03:36:28 PM
 #52

haha funny 1% only? I have got 90% because i have a skills in different phases so i would like to say that you should need to improve the skills then come back to gambling world.
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August 29, 2017, 12:10:54 AM
 #53

Interesting thread to watch out

I do not think that OP still post his profit each day, instead of posting his profit, he tend to not to be here for some time and have not put any update on it. So I think this is just wasting here if you keep on watching this thread, just better if you try to make some move to get some bucks

The experiment is over as is written above.

Anyway I am planning on doing something similer sometime this month , I can PM you once I did so you can follow.
Still checking up things so we maybe set up an open spreadsheet so everyone can see.


You mean by August or September? This is going to be the end of the month and yet nothing happens. What are you going to do with your balance? Trade or gambling? There is only 2 ways of earning money here. Did you open any thread around? Cause I do not see it yet. I am sure if you are succeed, many will follow your thread
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August 29, 2017, 01:02:52 AM
 #54

Interesting thread to watch out

I do not think that OP still post his profit each day, instead of posting his profit, he tend to not to be here for some time and have not put any update on it. So I think this is just wasting here if you keep on watching this thread, just better if you try to make some move to get some bucks

The experiment is over as is written above.

Anyway I am planning on doing something similer sometime this month , I can PM you once I did so you can follow.
Still checking up things so we maybe set up an open spreadsheet so everyone can see.


You mean by August or September? This is going to be the end of the month and yet nothing happens. What are you going to do with your balance? Trade or gambling? There is only 2 ways of earning money here. Did you open any thread around? Cause I do not see it yet. I am sure if you are succeed, many will follow your thread

As I understood the experiment haven't started yet. It's going to start September 1st or September 15th. I have no idea why the comment above said "the experiment is over...". Would be nice if OP posts his progress everyday on this thread or every few days... So we can follow the progress closer and feel the adrenaline of this experiment day by day.  Cheesy

 
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August 29, 2017, 01:23:54 AM
 #55

I wish you luck in your experiment See if you can do it Wink



I can do everything because i'm known as multi talented haha. Seems funny right i would like to say we should hard work then we can get many things.

Hard work in gambling?

In gambling, you just need a luck not hard work to win money because if you're not lucky then your hard work also will not bring you money. 1% seems very less and it looks easy to achieve but in gambling many time you will lose your bankroll before you win that 1%. I know your a multi talented but so you should be careful in gambling.
Gambling is like trading. You need to predict next roll using prediction skills and quit in good time to have chance of winning. Gambling is totally skill based.

You can't predict based on any skills. Instead, you can just make your best guess, but the outcome fully depends on your luck. Since you mentioned gambling is skill based means either you're new to gambling or fully addicted to gambling, so you don't want to accept gambling games results are based on luck. Even some games are skill based but the end result still need some luck to support your prediction otherwise you will still lose it.
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August 29, 2017, 07:51:25 AM
 #56

Well there is a skill in gambling but its different than most regular skills like "playing hockey" or "doing karate".

The skill is basically your emotional balance.

Say you rolled 10 losses in a row at 50/50. Can you stomach the next bet with huge capital?

Most human beings would become sick and scared and they would quit gambling even though the probability says that they would win.

Hence there is some skill to this.


This skill is easier for people with more capital however. A millionaire can easily bet and win/lose $1000 rather than someone with only $2K in his bank account.

.BEST..CHANGE.███████████████
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August 31, 2017, 12:13:28 AM
 #57

Well there is a skill in gambling but its different than most regular skills like "playing hockey" or "doing karate".

The skill is basically your emotional balance.

Say you rolled 10 losses in a row at 50/50. Can you stomach the next bet with huge capital?

Most human beings would become sick and scared and they would quit gambling even though the probability says that they would win.

Hence there is some skill to this.


This skill is easier for people with more capital however. A millionaire can easily bet and win/lose $1000 rather than someone with only $2K in his bank account.

There is no way that there is any skills requirement on gambling, what you really need is just luck which is really affect on your result. Like you said roll 10 times on 50% winning chance, if you are luck enough you might win more than 6-7 times and in the end you will get your profit, mean while when luck does not comes, what you got will be 10 losing straight
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August 31, 2017, 01:28:18 AM
 #58

Well there is a skill in gambling but its different than most regular skills like "playing hockey" or "doing karate".

The skill is basically your emotional balance.

Say you rolled 10 losses in a row at 50/50. Can you stomach the next bet with huge capital?

Most human beings would become sick and scared and they would quit gambling even though the probability says that they would win.

Hence there is some skill to this.


This skill is easier for people with more capital however. A millionaire can easily bet and win/lose $1000 rather than someone with only $2K in his bank account.

There is no way that there is any skills requirement on gambling, what you really need is just luck which is really affect on your result. Like you said roll 10 times on 50% winning chance, if you are luck enough you might win more than 6-7 times and in the end you will get your profit, mean while when luck does not comes, what you got will be 10 losing straight

I don't believe or probably i don't want to believe,that gambling is only luck.

OFC have major role to the out come but can you answer me this?
How many wins in a row you have in your gambling history and how many reds? I bet that your straight reds can be 15-20 but your wins don't pass the 8-10.
Isn't strange that % of winning/loosing streaks is almost the same for every one?

Sorry but this is not luck...
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August 31, 2017, 01:48:55 AM
 #59

I agree if you say that gambling is better than hyip, but in the long-term you will lose a lot of money, i have experimen too in 2015 I get BTC15 btc profite  Grin Grin than im playing again. but, unluck i lose  BTC5 btc And at that time I decided to no longer play gambling with my own money  Cool Cool . u can stoped playing gambling or you  can lose youre life  Wink

The main key to success is in the value of assets that are getting more valuable. Recommended Crypto Trading platform Binance.com
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August 31, 2017, 04:01:48 AM
 #60

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

So 0.002 btc is very low bank.. 1% daily is good, 30% per month Smiley
Do you want to gamble or invest to gambling?
What strategy will going to use?
This will be dice game?
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August 31, 2017, 10:53:56 AM
 #61

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.
1% per day isn't hard, -50% isn't hard either. Trading is not like gamble, that is for sure. But it isn't easier either. Do not claim you can get 1% per day since this is indeed possible but it will not happen all the time. Anyway, you're starting tomorrow, I hope to see your progress. Good luck still, you'll need it.
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August 31, 2017, 11:35:37 AM
 #62

I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.
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August 31, 2017, 06:57:59 PM
 #63

I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

It is all relative pretty much.

Some can even say that investing in your retirement is gambling because there is a certain degree of risk that the markets can turn.

Pretty much what happened to anyone who invested in 2006-2008, basically it seemed like a safe investment to get into mutual funds and then the crash happened and everybody lost lots of money.

.BEST..CHANGE.███████████████
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August 31, 2017, 11:12:15 PM
 #64

I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

It is all relative pretty much.

Some can even say that investing in your retirement is gambling because there is a certain degree of risk that the markets can turn.

Pretty much what happened to anyone who invested in 2006-2008, basically it seemed like a safe investment to get into mutual funds and then the crash happened and everybody lost lots of money.

You only use 10% of the money you deposit into the retirement fund
Stay away from anything that has anything to do with goverment
Goverment doesn't give money away, it sucks it in
Find something legit to invest in

Looking for a signature campaign.
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September 01, 2017, 12:33:06 AM
 #65

I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

It is all relative pretty much.

Some can even say that investing in your retirement is gambling because there is a certain degree of risk that the markets can turn.

Pretty much what happened to anyone who invested in 2006-2008, basically it seemed like a safe investment to get into mutual funds and then the crash happened and everybody lost lots of money.

You only use 10% of the money you deposit into the retirement fund
Stay away from anything that has anything to do with goverment
Goverment doesn't give money away, it sucks it in
Find something legit to invest in

The stock market is not government money. Its more like the government wants you to invest into stocks so when you retire they know you will be taken care-of instead of relying on social security.

Basically unless you invested in 1987, 2000, 2008 you would of had very good returns betting on the stock market. Leaving money in a savings account over long periods of time is very bad because due to inflation it will lose its value over-time.

Hence it needs to be invested somehow, and with every investment there is some degree of risk.

.BEST..CHANGE.███████████████
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September 01, 2017, 06:42:02 AM
 #66

Just bulit 0.15 mBTC capital on Bitsler. I hope I have straight road for 2 mBTC so I risk only hard-won money.
Just lost these 0.15 mBTC.

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.
1% daily, you just bet all your money with 1.01 odd once a day. This won't prove gambling is better than anything, just based on your lucky
I won't go all-in too, I won't use Martingale too. I will use my own strategy.

Using your own strategy even lowers your odds on this  Cheesy
With every additional bet the house edge lowers your original overall percentage of gaining your 1% daily profit.
Using any strategies only makes sense if you wanne have fun and I think thats the main reason why people gamble  Wink


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September 01, 2017, 06:57:40 AM
 #67

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

I actually don't get what you want to do. Do you want to gamble or trade in your so called experiment? It seems like you actually want to trade based from your main post but your title is misleading since you are saying "gambling over 90 days". So which is it? Clarify your thread since it is actually so unclear.
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September 01, 2017, 10:10:26 AM
 #68

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

I actually don't get what you want to do. Do you want to gamble or trade in your so called experiment? It seems like you actually want to trade based from your main post but your title is misleading since you are saying "gambling over 90 days". So which is it? Clarify your thread since it is actually so unclear.

I think OP wants to trade, basing from what he posted in the main OP. The problem is that he assumes that he will profit 1% per day and he does not put into account the possibilities that prices will go down and he won't even make a single profit but more of a loss on that day. But lets see what he comes up with. I just hope he shows the history of whatever he will be doing.
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September 02, 2017, 09:06:16 PM
 #69

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly.
So you're gonna lose 0.002 BTC to prove a point? lolwut
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September 03, 2017, 12:46:30 AM
 #70

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

So 0.002 btc is very low bank.. 1% daily is good, 30% per month Smiley
Do you want to gamble or invest to gambling?
What strategy will going to use?
This will be dice game?

1% daily looks very small target to achieve, but that is not always possible in gambling. Because many times gamblers can lose their bankroll even before reaching 1% profit or most of their bankroll. Once gamblers lose some part of their bankroll, then they mind will always go to recover those losses first, so they forget about their 1% theory and start gambling continuously and end up losing everything.
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September 03, 2017, 10:02:10 AM
 #71

I think this is a great goal, I just don't understand why you are choosing Bitsler. I don't have anything against then, but I think we all know that we can't profit long run in this type of games. Targeting a 1% profit goal looks great for trading, or poker, or sports betting. I would say you can even aim for more as you get better at it. Anyway, good luck for your "project", but I hope that you will come up with a new one, with sports betting (and why not sports betting trading), or poker.

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September 03, 2017, 12:06:10 PM
 #72

I don't see how this is even an experiment, gambling is not just one game, and trading can be done on many ways. You wish to show something before you even start your experiment, you need to be objective and expect different result, what if you make more on gambling? When you do experiment you do it with intention to prove something, you need to try many variables, you need to try to test your theory under different circumstances.. experiments need to be far more serious then your start.
Bitsler is good site, but which games you plan to play? Also how do you plan to trade? Dices are not good game for your test, and if you just hold your 3 mbtc you will make profit in 3 months when price of bitcoin rises. This, lets call it `experiment`, will prove nothing. I wish you good luck and I would like you to make profit with trading and gambling, that would be the best result of this show.



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September 05, 2017, 08:54:50 PM
 #73

I agree with you about locking some variables, but it shouldn't be that complicated I guess. The game must be clear of course, and the initial bankroll should also be the same, if the users decides to compare the profit from a specific game and trade. The testing period should also be the same, and the daily profit should also be the same or at least similar, since it's acceptable a different daily profit, according to the selected strategy.

The OP could then see after the determined period, in this case 91 days, where he got the biggest return.
The only problem I see here, besides what I already stated (I don't think it really makes sense to try this with any form of gambling that is only based on luck), is that 91 days could be a small time for a test of this nature, since anyone could argue that any profit was just based on luck. So I guess the OP should try more than one 91 day period, and then analyze those sets of periods.

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September 07, 2017, 03:24:08 AM
 #74

I would be more interested if it was 1-2 Bitcoin bankroll

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September 07, 2017, 09:24:31 PM
 #75

I would be more interested if it was 1-2 Bitcoin bankroll

The amount of bankroll doesn't really make a difference does it.

Like does it really make a difference if someone has $1,000,000 to trade the New York Stock Market compared to someone who has $3,000 to trade?

No its pretty much up to the individidual and their skill.

Someone who has years of experience can make money with a $3,000 account trading stocks. And someone without any experience trading can lose their $1,000,000 trading stocks.

Pretty much like that saying "Buying and using an experience Gold club won't make you a better golfer".

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September 10, 2017, 05:16:55 AM
 #76

I would be more interested if it was 1-2 Bitcoin bankroll

Higher bankroll will get more money of course but usually people with more bankroll will get low percentage of winning instead of higher winning. Let see it this way, if one have 1 btc to bet, they will easily get 0.001 easily right? And that is only 0.1% from their bankroll, mean while if you have 0.001 bankroll and get 0.001 btc, this will be 100% winning. See the difference?
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September 10, 2017, 05:28:32 AM
 #77

1% goal for a day could work because the risk is low for 1% goal.
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September 10, 2017, 06:22:20 PM
 #78

Ok, so I have 0.002 BTC to lose to show you why trading is better than gambling it did correctly. I'm not gambling addict, I just want show you why gambling is safer than HYIPs but worser than trading.
I will start 1 September 2017 (or 15 Sept if I won't had that capital by 1 Sept).
If by 1 December 2017 be successful, I will announce this and reinvest 0.003 BTC. I will save rest of winnings.

So 0.002 btc is very low bank.. 1% daily is good, 30% per month Smiley
Do you want to gamble or invest to gambling?
What strategy will going to use?
This will be dice game?

It is just luck. You can get 30% in one roll.  He just made 1 % a day so he made the 100% in small rolls instead of all at once. It's not an investment or something.
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September 24, 2017, 12:26:13 PM
Last edit: September 24, 2017, 01:24:02 PM by houseworx
 #79

with that kind of bankroll & basebet 1 satoshi with even best strategy&safest settings in industry you can lose it, and you will lose!

there is no possibility at all to play less than basebet=balance/500 000 to make something around 1-1.5% profit in day(24h) with safe settings.

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September 24, 2017, 12:31:17 PM
 #80

Gambling is always depended on your luck and it is most unpredictable so we can't say whether we can make everyday 1% or more or less. Sometimes you can lose your bankroll before even you win a single bet or roll. Also, if it works one time for you there is no guaranty that you will get the same result when you repeat this experiment again. Goog luck to you.....

if you can't, then don't think that other can't!

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September 24, 2017, 12:57:56 PM
Last edit: September 24, 2017, 01:20:59 PM by houseworx
 #81

I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

i dont understand, why every second people are stupidiest than other.

gambling is slots, roulette, russian poker vs "house"(game giver)  and other similar sh*ts whatever its online or casino, is games for fun and gamble money it's made that you can't beat, what are no possible to beat it in longrun.


poker is skill, knowledge and mathematic advantage game.(all 3 things skill, knowledge, mathematic are used every single hand)

dice is only mathematic and knowledge(knowledge in theoretical aspect, what was used only one time to make strategy)  advantage game.

trading is only knowledge and luck advantage thing(there is no mathematic at all, what you can use for beating it to get +EV(expect money) in longrun , except only one thing - bankroll managment)


IMO. (so you can continue debate about trading things with me, because im not traider)

so please stop using and put things in one box with gambling, where you have/can get mathematic advantage!

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September 25, 2017, 01:41:28 PM
 #82

I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

i dont understand, why every second people are stupidiest than other.

gambling is slots, roulette, russian poker vs "house"(game giver)  and other similar sh*ts whatever its online or casino, is games for fun and gamble money it's made that you can't beat, what are no possible to beat it in longrun.


poker is skill, knowledge and mathematic advantage game.(all 3 things skill, knowledge, mathematic are used every single hand)

dice is only mathematic and knowledge(knowledge in theoretical aspect, what was used only one time to make strategy)  advantage game.

trading is only knowledge and luck advantage thing(there is no mathematic at all, what you can use for beating it to get +EV(expect money) in longrun , except only one thing - bankroll managment)


IMO. (so you can continue debate about trading things with me, because im not traider)

so please stop using and put things in one box with gambling, where you have/can get mathematic advantage!

Where is that coming from? Advantage on gambling? You must be joking when you saying about this thing. What I do know every single games in gambling sure depends on your luck. Whether you are going for long run or not, luck always play in a role and bankroll is a sure thing to boost your luck. So where is this mathematic advantage that can give you such profit? I just wondering if you even trying before you can talk like this
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September 25, 2017, 01:59:32 PM
 #83

I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

i dont understand, why every second people are stupidiest than other.

gambling is slots, roulette, russian poker vs "house"(game giver)  and other similar sh*ts whatever its online or casino, is games for fun and gamble money it's made that you can't beat, what are no possible to beat it in longrun.


poker is skill, knowledge and mathematic advantage game.(all 3 things skill, knowledge, mathematic are used every single hand)

dice is only mathematic and knowledge(knowledge in theoretical aspect, what was used only one time to make strategy)  advantage game.

trading is only knowledge and luck advantage thing(there is no mathematic at all, what you can use for beating it to get +EV(expect money) in longrun , except only one thing - bankroll managment)


IMO. (so you can continue debate about trading things with me, because im not traider)

so please stop using and put things in one box with gambling, where you have/can get mathematic advantage!

Where is that coming from? Advantage on gambling? You must be joking when you saying about this thing. What I do know every single games in gambling sure depends on your luck. Whether you are going for long run or not, luck always play in a role and bankroll is a sure thing to boost your luck. So where is this mathematic advantage that can give you such profit? I just wondering if you even trying before you can talk like this

first of all, learn what is what, what is gambling, and what is not. (im not saying something about advantage in gambling, dice is not gambling)
ofc luck are taking some role even in poker, but you are making every decision from mathematic aspect, and if you do right thing, you dont care short term luck variance.

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September 25, 2017, 04:55:51 PM
 #84

I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

i dont understand, why every second people are stupidiest than other.

gambling is slots, roulette, russian poker vs "house"(game giver)  and other similar sh*ts whatever its online or casino, is games for fun and gamble money it's made that you can't beat, what are no possible to beat it in longrun.


poker is skill, knowledge and mathematic advantage game.(all 3 things skill, knowledge, mathematic are used every single hand)

dice is only mathematic and knowledge(knowledge in theoretical aspect, what was used only one time to make strategy)  advantage game.

trading is only knowledge and luck advantage thing(there is no mathematic at all, what you can use for beating it to get +EV(expect money) in longrun , except only one thing - bankroll managment)


IMO. (so you can continue debate about trading things with me, because im not traider)

so please stop using and put things in one box with gambling, where you have/can get mathematic advantage!

Where is that coming from? Advantage on gambling? You must be joking when you saying about this thing. What I do know every single games in gambling sure depends on your luck. Whether you are going for long run or not, luck always play in a role and bankroll is a sure thing to boost your luck. So where is this mathematic advantage that can give you such profit? I just wondering if you even trying before you can talk like this

first of all, learn what is what, what is gambling, and what is not. (im not saying something about advantage in gambling, dice is not gambling)
ofc luck are taking some role even in poker, but you are making every decision from mathematic aspect, and if you do right thing, you dont care short term luck variance.


Sorry but dice certainly is gambling and if you think that you could gain an edge over the casino with certain strategies, than you're mistaken.
It's true that you can play dice in a way that minimizes your losses, but over a long period of time, the house always has an advantage over you.

You're right about poker though.

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September 25, 2017, 05:04:51 PM
 #85

I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

i dont understand, why every second people are stupidiest than other.

gambling is slots, roulette, russian poker vs "house"(game giver)  and other similar sh*ts whatever its online or casino, is games for fun and gamble money it's made that you can't beat, what are no possible to beat it in longrun.


poker is skill, knowledge and mathematic advantage game.(all 3 things skill, knowledge, mathematic are used every single hand)

dice is only mathematic and knowledge(knowledge in theoretical aspect, what was used only one time to make strategy)  advantage game.

trading is only knowledge and luck advantage thing(there is no mathematic at all, what you can use for beating it to get +EV(expect money) in longrun , except only one thing - bankroll managment)


IMO. (so you can continue debate about trading things with me, because im not traider)

so please stop using and put things in one box with gambling, where you have/can get mathematic advantage!

Where is that coming from? Advantage on gambling? You must be joking when you saying about this thing. What I do know every single games in gambling sure depends on your luck. Whether you are going for long run or not, luck always play in a role and bankroll is a sure thing to boost your luck. So where is this mathematic advantage that can give you such profit? I just wondering if you even trying before you can talk like this

first of all, learn what is what, what is gambling, and what is not. (im not saying something about advantage in gambling, dice is not gambling)
ofc luck are taking some role even in poker, but you are making every decision from mathematic aspect, and if you do right thing, you dont care short term luck variance.


Sorry but dice certainly is gambling and if you think that you could gain an edge over the casino with certain strategies, than you're mistaken.
It's true that you can play dice in a way that minimizes your losses, but over a long period of time, the house always has an advantage over you.

You're right about poker though.

For what concerns games that don't include the few that can be EV+: Agreed one can only hope to get lucky early, which depends on how you are betting, then run with the profits.
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September 26, 2017, 01:31:03 AM
 #86

Gambling is always depended on your luck and it is most unpredictable so we can't say whether we can make everyday 1% or more or less. Sometimes you can lose your bankroll before even you win a single bet or roll. Also, if it works one time for you there is no guaranty that you will get the same result when you repeat this experiment again. Goog luck to you.....

if you can't, then don't think that other can't!

No wonder why so many gambling houses are coming up every day. Because people like you never understand why gambling has been introduced. You should know these games are designed to give you only excitement and fun, not a money. If your intention is to make money then soon or later you will lose all your money in gambling for sure. You may win or two times but in the long run, your losses will more than winnings.
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September 26, 2017, 07:23:28 AM
 #87

Well trading is a little different because with trading you generally use technical analysis or fundamental analysis as tools instead of house edge.

Most of the people that I know who trade for a living the way they make money is basically by doing regular fundamental analysis on a company or stock. By looking at their earnings and they future products. Some also do technical analysis basically if it was a resistance, broke resistance and later on it became support.

They are correct maybe 20-25% of the time but when they are wrong they just close the trade, they lose a little. But with the 20% of the winning trades they leave them open for the long term and make good money.

So you can see how its very different than regular dice betting. Its not the same strategy. Maybe some say that trading is like gambling but it usually referes to people who trade the 1 minute charts on high leverage.

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September 27, 2017, 12:16:45 AM
 #88

I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

i dont understand, why every second people are stupidiest than other.

gambling is slots, roulette, russian poker vs "house"(game giver)  and other similar sh*ts whatever its online or casino, is games for fun and gamble money it's made that you can't beat, what are no possible to beat it in longrun.


poker is skill, knowledge and mathematic advantage game.(all 3 things skill, knowledge, mathematic are used every single hand)

dice is only mathematic and knowledge(knowledge in theoretical aspect, what was used only one time to make strategy)  advantage game.

trading is only knowledge and luck advantage thing(there is no mathematic at all, what you can use for beating it to get +EV(expect money) in longrun , except only one thing - bankroll managment)


IMO. (so you can continue debate about trading things with me, because im not traider)

so please stop using and put things in one box with gambling, where you have/can get mathematic advantage!

Where is that coming from? Advantage on gambling? You must be joking when you saying about this thing. What I do know every single games in gambling sure depends on your luck. Whether you are going for long run or not, luck always play in a role and bankroll is a sure thing to boost your luck. So where is this mathematic advantage that can give you such profit? I just wondering if you even trying before you can talk like this

first of all, learn what is what, what is gambling, and what is not. (im not saying something about advantage in gambling, dice is not gambling)
ofc luck are taking some role even in poker, but you are making every decision from mathematic aspect, and if you do right thing, you dont care short term luck variance.


I do not underatand what are you saying here, but what I do know here that dice is also gambling too. You can see many dice sites out there and how can you said that it is not a gambling project? Since this is based on chances? So how is this mathematic aspect be? Can you tell us here? May be some calculation will be on dice game but that will not work because of the luck and house edge factor that play role here
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September 27, 2017, 03:28:34 AM
 #89

I haven't seen OP post here since August 25. Seems like he already failed at what he is doing.
I hope he does do an update to see if he did fail or he is still there doing it.
Guessing that he might have lost it by that time and now he just gave up.
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September 27, 2017, 01:47:25 PM
 #90

I haven't seen OP post here since August 25. Seems like he already failed at what he is doing.
I hope he does do an update to see if he did fail or he is still there doing it.
Guessing that he might have lost it by that time and now he just gave up.

since he mentioned that he will not use martingale but "his own method"
and he hasn't posted in a while,I assume he realised that his 1% a day plan is not going to work
maybe he lost his bank and can't continue his experiment,maybe just got tired of this
either way this thread was fun to read and as long as so many people exist
who do not understand what gambling is and how does it work
casinos and gambling sites will prosper and be getting far more than 1% house edge they are supposed to get

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September 27, 2017, 02:45:56 PM
 #91

I don't understand why trading is the same as gambling for some people? With gambling you will loose in the end, but you can have some nice profits now and then.
If you choose to trade without proper knowledge, it will feel like gambling. If you try to understand how trading works, you will make a profit with that info.

i dont understand, why every second people are stupidiest than other.

gambling is slots, roulette, russian poker vs "house"(game giver)  and other similar sh*ts whatever its online or casino, is games for fun and gamble money it's made that you can't beat, what are no possible to beat it in longrun.


poker is skill, knowledge and mathematic advantage game.(all 3 things skill, knowledge, mathematic are used every single hand)

dice is only mathematic and knowledge(knowledge in theoretical aspect, what was used only one time to make strategy)  advantage game.

trading is only knowledge and luck advantage thing(there is no mathematic at all, what you can use for beating it to get +EV(expect money) in longrun , except only one thing - bankroll managment)


IMO. (so you can continue debate about trading things with me, because im not traider)

so please stop using and put things in one box with gambling, where you have/can get mathematic advantage!

Where is that coming from? Advantage on gambling? You must be joking when you saying about this thing. What I do know every single games in gambling sure depends on your luck. Whether you are going for long run or not, luck always play in a role and bankroll is a sure thing to boost your luck. So where is this mathematic advantage that can give you such profit? I just wondering if you even trying before you can talk like this

first of all, learn what is what, what is gambling, and what is not. (im not saying something about advantage in gambling, dice is not gambling)
ofc luck are taking some role even in poker, but you are making every decision from mathematic aspect, and if you do right thing, you dont care short term luck variance.


Sorry but dice certainly is gambling and if you think that you could gain an edge over the casino with certain strategies, than you're mistaken.
It's true that you can play dice in a way that minimizes your losses, but over a long period of time, the house always has an advantage over you.

You're right about poker though.

yes? and what advantage have dice site over you?! they are rigged, and will make you lose, after time when you will be winning? Ha hahaha ahaha LOL Cheesy

he are taking only house edge 1% and?! its only 0.01 cut from every percentage that you play on.

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October 23, 2017, 02:26:19 AM
 #92

Casinos and gambling sites will always be the winner because of the house edge. And also no matter what strategy you use there will never be a 100% way to win in gambling and you'll always end up losing too. It is pure luck so a lot of luck is what you'll be needing.

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October 24, 2017, 12:10:33 PM
 #93

Casinos and gambling sites will always be the winner because of the house edge. And also no matter what strategy you use there will never be a 100% way to win in gambling and you'll always end up losing too. It is pure luck so a lot of luck is what you'll be needing.

don't write sh*t! if you have small mind.

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October 24, 2017, 01:45:12 PM
 #94

Omg i think he lose all the capital!


But if he'll come here and write to do other i will wait for the update :O
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October 24, 2017, 02:09:42 PM
 #95

Omg i think he lose all the capital!


But if he'll come here and write to do other i will wait for the update :O

Like someone said here before, he has not been seen since August 25. Like he lost all the money and gave up or just plainly gave up in the middle of it. Well, to be honest it is practically impossible to win 1% profit daily on gambling consistently. There would be a chance that he would lose in one day and that day will likely not just lose 1% but by a lot more than that.
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October 25, 2017, 01:46:25 PM
 #96

Omg i think he lose all the capital!


But if he'll come here and write to do other i will wait for the update :O

Like someone said here before, he has not been seen since August 25. Like he lost all the money and gave up or just plainly gave up in the middle of it. Well, to be honest it is practically impossible to win 1% profit daily on gambling consistently. There would be a chance that he would lose in one day and that day will likely not just lose 1% but by a lot more than that.

Actually they can if they really have any luck, may be suddenly he won more than 1% daily and cut it into few days to make it 1%. This is a possible thing to do but to get it daily, I do not think so. The longest streak that I ever did is to make 0.03 to 0.2 btc slowly but it really takes a lot of time. Now I do try to earn 0.2 in a month. It is pretty hard but we never know when luck comes right?
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October 25, 2017, 05:23:53 PM
 #97

Omg i think he lose all the capital!


But if he'll come here and write to do other i will wait for the update :O

Like someone said here before, he has not been seen since August 25. Like he lost all the money and gave up or just plainly gave up in the middle of it. Well, to be honest it is practically impossible to win 1% profit daily on gambling consistently. There would be a chance that he would lose in one day and that day will likely not just lose 1% but by a lot more than that.

Actually they can if they really have any luck, may be suddenly he won more than 1% daily and cut it into few days to make it 1%. This is a possible thing to do but to get it daily, I do not think so. The longest streak that I ever did is to make 0.03 to 0.2 btc slowly but it really takes a lot of time. Now I do try to earn 0.2 in a month. It is pretty hard but we never know when luck comes right?

What are you the media?! You highlighted a portion of what I said but did not care about the whole statement I gave! Like I said,

"]it is practically impossible to win 1% profit daily on gambling consistently."

Yeah it is possible to get 1% a day but not consistently! basically it means that you cannot always win every single day. Understand what you are replying to before you highlight stuff next time.
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