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Author Topic: Simple way to earn Bitcoins through Gambling and Casino games.  (Read 1266 times)
DARKANGEL6415
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January 06, 2018, 07:54:54 PM
 #41

No one should EVER consider any kind of gambling or lottery as a way to make income or consider it a job. Even when casinos give you a massive bonus of lets say 10 to 1 . You still need to play the requirements of so many times the bonus before you can take out profits. I consider any gambling just a source of fun nothing else.

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January 06, 2018, 10:02:55 PM
 #42

Can you also describe how we can simply earn bitcoin through gambling and casino games? If you would speak about sports betting or poker, I could foloow your statement, but even then it would be not an easy way as these are skill based games if you want to win long term. 
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January 08, 2018, 12:00:44 PM
 #43

Let me just start by saying if you use gambling as a source of income, then you're probably doing it wrong. There's an older gentleman in my family that has never had a "real" job a day in his life; he has spent the last 60-odd years exclusively surviving off of his earnings from gambling. He "supported" (more or less) and raised 3 kids by doing nothing except gambling to put food on the table, clothes on their back and all the other things that come with being a provider.

Now and then you are able to find loopholes, exploits or just plain intelligent strategies that enable you to make consistent profit from gambling or casino games. This is not the regular or norm by any stretch of the imagination, even when it comes to trading or investing in stocks/Forex less than 1% of traders ever turn a profit consistently. Now many people wouldn't call Forex or stocks a gamble, but you've got to think if less than 1% of serious traders are profiting then how many regular gamblers do you think are turning a profit? If I had to guess, I would certainly assume there are less gamblers than traders/investors consistently profiting. I might be naive in thinking this, but gambling by it's nature is more random and volatile than a strategic investment/trading strategy.

There is no simple or easy way to earn bitcoins or fiat through gambling or casino games, else there would be an endless line of people attempting to take advantage of these methods until they've been sucked dry. Nobody is going to hand you a winning lottery ticket, but that's probably the simplest way to make some cash through gambling. Another simple way would be to be extremely lucky or riding coincidence and just repeatedly going all in. Anybody that is promising you an easy or simple way to make your dreams come true almost certainly has ulterior motives.

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January 08, 2018, 04:56:23 PM
 #44

In the event that you are hunting down a straightforward approach to gain Bitcoins on the web, you may take a stab at betting. Be that as it may, while it may appear to you as pain free income, gaming has various dangers which should be considered. In the accompanying article, we have laid out for you a few sites worth looking at while experimenting with your good fortune: Bitcoin Gambling. We don't ensure that you win, which is the reason we emphatically prescribe you to play just on the off chance that you have some underlying funding to spend. Then again, who knows, possibly you will luck out and increase your crypto.
According to me i think people choose gambling to earn bitcoins as it is the easiest way to earn and maximize your profit. But , a more sophisticated person would never try to gamble at the first place instead he would do trading or mining or by joining signature i guess. Gambling is the least preferred way to earn bitcoins for me .
For me gambling is a dirty game because most likely if you bet you get a 50/50 chances of lossing. Gambling to earn bitcoins maybe their option of many to gain extra income. As for me I’d rather not go into gambling because I am too scared of lossing. I’d rather work hard to earn and just keep it there.
If you are afraid of loosing money it then that it is not only in gambling but in trading or investment because there are also risk of loosing your money in trading and investment in crypto currency. To some people who are good in gambling, it is another source of income for most of them while there are other are currently in debt as a result of gambling. 
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January 08, 2018, 06:21:49 PM
 #45

Now and then you are able to find loopholes, exploits or just plain intelligent strategies that enable you to make consistent profit from gambling or casino games. This is not the regular or norm by any stretch of the imagination, even when it comes to trading or investing in stocks/Forex less than 1% of traders ever turn a profit consistently. Now many people wouldn't call Forex or stocks a gamble, but you've got to think if less than 1% of serious traders are profiting then how many regular gamblers do you think are turning a profit? If I had to guess, I would certainly assume there are less gamblers than traders/investors consistently profiting. I might be naive in thinking this, but gambling by it's nature is more random and volatile than a strategic investment/trading strategy

There is sort of "house edge" in trading too, and it is precisely because of this edge that most traders are suffering losses in the long run. In case of a casino this is obviously the house edge itself as the very name suggests, while in case of trading this edge belongs to exchanges, insiders, arbitrageurs  and their likes. They are making use of the information which is not available to the rest of the market, and in a zero-sum game which most financial markets are this necessarily means losses to the latter. So just like it is impossible to beat a casino, pure luck aside, it is impossible to beat the former in trading.

This is the major cause why trading can be called gambling in its own right.
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January 08, 2018, 06:41:23 PM
 #46

I always hesitate when someone says that it has the method to easy earn bitcoin. We are all aware this is not easy and with gambling you always take the risk.
Gambling is opportunity to win some bitcoins but you can easily lose as well, don't forget that.
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January 08, 2018, 06:43:34 PM
 #47

you did not post a how, no link, how do we go about it? just share a link or something to refer to as to how to get the gamble
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January 08, 2018, 07:24:28 PM
 #48

As far as I know there isn't an easy way to earn bitcoins.
You take a risk with those bitcoins that you hold with gambling.
If you lose those then you are S.O.L and won't see those bitcoins again if you lose.

So as with everything in this world, if it is easy to obtain than to earn it, you have more of a chance to lose it if you continue to think that it is going to continue that way.

There is no free lunch in this world and that should apply to the casino/gambling world as well.
Except for those lucky few that actually do win and have enough sense to not continue so they return it back from once it came from in the first place.
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January 08, 2018, 07:57:41 PM
 #49

you did not post a how, no link, how do we go about it? just share a link or something to refer to as to how to get the gamble
Its not really a necessary thing since we can gamble without those links or guides that he must supposed to share up.One things for sure bitcoin gambling is just solely created for entertainment and if an individual giving a shot on playing gambling because he do see this way on doubling his crypto coins then its really possible but we should always think off on the risk behind it. Not always an assurance for you to win anytime. Earning money on gambling is hard and its not really simple the same on how we do play it. Fast profits= Fast losing too.

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January 09, 2018, 04:07:33 AM
 #50

Now and then you are able to find loopholes, exploits or just plain intelligent strategies that enable you to make consistent profit from gambling or casino games. This is not the regular or norm by any stretch of the imagination, even when it comes to trading or investing in stocks/Forex less than 1% of traders ever turn a profit consistently. Now many people wouldn't call Forex or stocks a gamble, but you've got to think if less than 1% of serious traders are profiting then how many regular gamblers do you think are turning a profit? If I had to guess, I would certainly assume there are less gamblers than traders/investors consistently profiting. I might be naive in thinking this, but gambling by it's nature is more random and volatile than a strategic investment/trading strategy

There is sort of "house edge" in trading too, and it is precisely because of this edge that most traders are suffering losses in the long run. In case of a casino this is obviously the house edge itself as the very name suggests, while in case of trading this edge belongs to exchanges, insiders, arbitrageurs  and their likes. They are making use of the information which is not available to the rest of the market, and in a zero-sum game which most financial markets are this necessarily means losses to the latter. So just like it is impossible to beat a casino, pure luck aside, it is impossible to beat the former in trading.

This is the major cause why trading can be called gambling in its own right.

Where do you find this house edge on trading? Can you tell me here, since as far as I know there is no house edge on trading but there is only fee which is not that much compare to the profit you got from its volatility. I know gambling in a long run should benefit the house because of our lose but on the opposite, trading is much more successful than gambling although its profit is not as big as gambling site
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January 09, 2018, 04:43:08 AM
 #51

I always hesitate when someone says that it has the method to easy earn bitcoin. We are all aware this is not easy and with gambling you always take the risk.
Gambling is opportunity to win some bitcoins but you can easily lose as well, don't forget that.

Agreed, I have tried some dice gambling and i think there is no way you can earn, win through playing those dice games. You will always lose at the end. Gambling is one of the biggest risk when it comes to earning bitcoins.
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January 09, 2018, 07:25:13 AM
 #52

I always hesitate when someone says that it has the method to easy earn bitcoin. We are all aware this is not easy and with gambling you always take the risk.
Gambling is opportunity to win some bitcoins but you can easily lose as well, don't forget that.

Agreed, I have tried some dice gambling and i think there is no way you can earn, win through playing those dice games. You will always lose at the end. Gambling is one of the biggest risk when it comes to earning bitcoins.
I agree with you that "Gambling is one of the biggest risk when it comes to earning bitcoins" But one thought that always stroke my mind is either people are really making a living through bitcoins gambling as I thought that it is not different from the traditional risky way of gambling we know. I think if you have a good money management policy in place and a very nice strategies you will win at list 50/50.
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January 09, 2018, 02:25:09 PM
 #53

Now and then you are able to find loopholes, exploits or just plain intelligent strategies that enable you to make consistent profit from gambling or casino games. This is not the regular or norm by any stretch of the imagination, even when it comes to trading or investing in stocks/Forex less than 1% of traders ever turn a profit consistently. Now many people wouldn't call Forex or stocks a gamble, but you've got to think if less than 1% of serious traders are profiting then how many regular gamblers do you think are turning a profit? If I had to guess, I would certainly assume there are less gamblers than traders/investors consistently profiting. I might be naive in thinking this, but gambling by it's nature is more random and volatile than a strategic investment/trading strategy

There is sort of "house edge" in trading too, and it is precisely because of this edge that most traders are suffering losses in the long run. In case of a casino this is obviously the house edge itself as the very name suggests, while in case of trading this edge belongs to exchanges, insiders, arbitrageurs  and their likes. They are making use of the information which is not available to the rest of the market, and in a zero-sum game which most financial markets are this necessarily means losses to the latter. So just like it is impossible to beat a casino, pure luck aside, it is impossible to beat the former in trading.

This is the major cause why trading can be called gambling in its own right.

Where do you find this house edge on trading? Can you tell me here, since as far as I know there is no house edge on trading but there is only fee which is not that much compare to the profit you got from its volatility. I know gambling in a long run should benefit the house because of our lose but on the opposite, trading is much more successful than gambling although its profit is not as big as gambling site

Fee has nothing to do with what I say. Look, the trading "house edge" belongs to people who can milk the market in some way. Milking the market means that their profits are guaranteed or otherwise they don't trade. If we consider a market as a zero-sum game, which Bitcoin falls pretty close to if you ask me, then someone's wins are someone else's losses. But if a group of people can only win, the rest must fail. This advantage could be loosely called trading "house edge".

There is no free money in either trading or gambling, and someone has to pay for the show.
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January 10, 2018, 05:29:39 AM
 #54

When you start thinking that gambling can give you a source of income then this will be the first step towarda gambling addiction.

If you keep on gambling for profit eventually you will lose because the house always wins. There is no casino online or landbased that gives a 50-50 chance. House will always have the edge.
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January 10, 2018, 06:33:02 AM
 #55

I always hesitate when someone says that it has the method to easy earn bitcoin. We are all aware this is not easy and with gambling you always take the risk.
Gambling is opportunity to win some bitcoins but you can easily lose as well, don't forget that.

Agreed, I have tried some dice gambling and i think there is no way you can earn, win through playing those dice games. You will always lose at the end. Gambling is one of the biggest risk when it comes to earning bitcoins.

Gambling is not for making money but these games are designed to give us excitement and thrills. But if you expect money then very less chance that you earn money from these games. Also, you may win once or twice but if you gamble every day then your losing chances are more than winning because you can't be lucky every day. If play these games only for fun then no need worry much about the gambling risks but you can enjoy your time with these games.
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January 10, 2018, 05:08:07 PM
 #56

When you start thinking that gambling can give you a source of income then this will be the first step towarda gambling addiction.

If you keep on gambling for profit eventually you will lose because the house always wins. There is no casino online or landbased that gives a 50-50 chance. House will always have the edge.

I agree with you on the first part of your post, that kind of thinking indeed would be the first step toward gambling addiction, so it's better to not take OP's suggestion seriously.

But I disagree on the second part. I think the main reason why some people lose money to gambling is not the house edge, and that's why it's almost irrelevant for players whether it is 1% or say 3%. The main reason of losing is bad luck which can happen to anyone and that's why it's not recommended to risk a sum of money you can't afford to lose. If you are lucky you can win in a casino with 5% house edge, but don't think that if a casino has zero house edge you will definitely win there.

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January 10, 2018, 05:21:07 PM
 #57

But I disagree on the second part. I think the main reason why some people lose money to gambling is not the house edge, and that's why it's almost irrelevant for players whether it is 1% or say 3%. The main reason of losing is bad luck which can happen to anyone and that's why it's not recommended to risk a sum of money you can't afford to lose. If you are lucky you can win in a casino with 5% house edge, but don't think that if a casino has zero house edge you will definitely win there.

It seems that I have to disagree with you on that too. As I see it, you could in fact say something about bad luck if a casino actually had a zero house edge because it would all come down to pure chance whether you win or lose. But if there is a certain positive house edge, it is no more about luck, it is about statistics. In other words, your bad luck will have pretty mundane and trivial causes.
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January 10, 2018, 05:40:45 PM
 #58

But I disagree on the second part. I think the main reason why some people lose money to gambling is not the house edge, and that's why it's almost irrelevant for players whether it is 1% or say 3%. The main reason of losing is bad luck which can happen to anyone and that's why it's not recommended to risk a sum of money you can't afford to lose. If you are lucky you can win in a casino with 5% house edge, but don't think that if a casino has zero house edge you will definitely win there.

It seems that I have to disagree with you on that too. As I see it, you could in fact say something about bad luck if a casino actually had a zero house edge because it would all come down to pure chance whether you win or lose. But if there is a certain positive house edge, it is no more about luck, it is about statistics. In other words, your bad luck will have pretty mundane and trivial causes.
Good point and even you  are already getting some good chances with this house edge it will hurt your bankroll along the way.
this is how the house really taking advantage, if you are thinking that with gambling you can grow your btc then think deeper
and always think twice.
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January 10, 2018, 09:44:10 PM
 #59

But I disagree on the second part. I think the main reason why some people lose money to gambling is not the house edge, and that's why it's almost irrelevant for players whether it is 1% or say 3%. The main reason of losing is bad luck which can happen to anyone and that's why it's not recommended to risk a sum of money you can't afford to lose. If you are lucky you can win in a casino with 5% house edge, but don't think that if a casino has zero house edge you will definitely win there.

It seems that I have to disagree with you on that too. As I see it, you could in fact say something about bad luck if a casino actually had a zero house edge because it would all come down to pure chance whether you win or lose. But if there is a certain positive house edge, it is no more about luck, it is about statistics. In other words, your bad luck will have pretty mundane and trivial causes.
Good point and even you  are already getting some good chances with this house edge it will hurt your bankroll along the way.
this is how the house really taking advantage, if you are thinking that with gambling you can grow your btc then think deeper
and always think twice.
True which that House edge will really even push that badluck even more of yours which would really result on loss. Thinking off that there were no casinos/gambling sites that dont have house edge because this is the thing that they do earn income and this is a business after all thats why most people do really tell about House Edge disadvatanges over on those 0% edge that being mentioned above.It does really contribute on your loss not totally pure on badluck but you should consider H.E as one of the reasons too.

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January 11, 2018, 12:13:26 AM
 #60

Like I said it before.

There are no ways to earn Bitcoin for free.

Only way to earn bitcoins for free if maybe if you had a timemachine, went back to 2009 and asked Satoshi to send you some.

There are people all over Bitcointalk, and Reddit who are beginning for "free bitcoins" but yet fail to realize that even 0.01 BTC is over $150 and nobody will send you that amount for nothing.


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