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Author Topic: do you engage in bitcoin gambling?  (Read 2949 times)
BitcoinAddicts
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November 15, 2013, 12:32:52 PM
 #41

one of my friends made 2.25 BTC just by gambling. he was using just dice. im thinking of using peer bet. do you think i should do it?. i dont have that many btc to loose anyway. do you gamble?

He is just lucky, if he gamble again and again im sure he will lose eventually...

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November 15, 2013, 01:19:20 PM
 #42

I rarely touch gambling these days. House always wins  Roll Eyes
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November 15, 2013, 02:53:10 PM
 #43

You guys need to learn about POKER, which is a skill game played against other people, not a house game like craps or roulette with negative expected value. You cant ever beat a house game over the long term, its mathematically impossible and those games are silly and mindless anyway.

Poker is a great game of strategy and luck, where the players who consistently play their cards better than others make money - the house just takes a tiny fee from every pot called "the rake" which is negligible. Whether you win or lose depends 100% on your skill as a player over the long term of thousands of hands - obviously over the short term of a few hundred hands there is a huge amount of luck and this is what keeps the game interesting.

Its much more fun and interesting to play a strategy game against other people, even if they are better than you, than mindless gambling on craps against a corporation which always ends up with your coins because they have an unbeatable house edge. Poker keeps your mind sharp and has infinite nuance to its strategy as there is no one correct way to play, good play is based entirely on how your opponents are playing. Think Rock-Paper-Scissor.

So next time you want to gamble, do it via the beautiful game of poker against fellow humans who chat with you and laugh in the chat about each others bad luck, and not the mindless game of craps against an unbeatable, faceless, silent, evil, money sucking corporation.

Seals With Clubs is currently the biggest and best Bitcoin poker site, click on the link in my sig to check it out, it takes about 2 minutes to sign up and the best part is you dont even have to deposit coins or download anything: there are "freerolls" where you can win chips for nothing just by playing a tournament in your browser window! Its a great way to learn the game and get a few free chips.

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