houseworx
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September 24, 2017, 12:57:56 PM Last edit: September 24, 2017, 01:20:59 PM by houseworx |
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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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BTCevo
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September 25, 2017, 01:41:28 PM |
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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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houseworx
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September 25, 2017, 01:59:32 PM |
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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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eternalgloom
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September 25, 2017, 04:55:51 PM |
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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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PMmesexycoins
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September 25, 2017, 05:04:51 PM |
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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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MinerHQ
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September 26, 2017, 01:31:03 AM |
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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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adaseb
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September 26, 2017, 07:23:28 AM |
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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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BTCevo
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September 27, 2017, 12:16:45 AM |
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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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LuanX3
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September 27, 2017, 03:28:34 AM |
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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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veleten
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September 27, 2017, 01:47:25 PM |
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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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houseworx
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September 27, 2017, 02:45:56 PM |
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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](https://bitcointalk.org/Smileys/default/cheesy.gif) he are taking only house edge 1% and?! its only 0.01 cut from every percentage that you play on.
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RayvenPierre
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October 23, 2017, 02:26:19 AM |
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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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houseworx
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October 24, 2017, 12:10:33 PM |
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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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whulfar
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October 24, 2017, 01:45:12 PM |
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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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michkima
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October 24, 2017, 02:09:42 PM |
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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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BTCevo
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October 25, 2017, 01:46:25 PM |
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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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michkima
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October 25, 2017, 05:23:53 PM |
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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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