glowing10
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July 10, 2018, 01:11:12 PM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it.
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BlackPanda
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July 10, 2018, 01:39:39 PM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it. For me we do not need to do anything when it comes to gambling game. For me there is no point in playing gambling because it will only make us experience the destruction, in fact that when we play gambling then we will not get anything. We will only experience setbacks and we will also lose many chances to become successful people. rest assured that we must do another way that is far more useful and make a lot of money.
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JL421
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July 10, 2018, 05:50:26 PM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it. Playing with low percentage isn't a great idea in gambling as there is no way you win a 10% bet 10 times in a row and if you lose a single bet in the middle you are in a loss which kind of sucks. It always better to play with 50% chance or play with a lower bankroll at 1% as for me till now i have always won 1 bet out of 100 rolls in 1% which is good for roi
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Betwrong
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July 11, 2018, 10:04:13 AM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it. I depends on the multiplier you choose to play with. You can have the exactly opposite situation when you play with high multipliers (this is what I usually do, for example). Yes, the chances of winning are very slim if you bet 1,000 sats with 9900x (or 0.01% win chance), but if you win, you win 0.099 BTC, or over $600, risking only 6 cents. I personally never bet 1k sats with such a big multiplier, but what I do is I bet with 50-100 sats and that's a nice feeling when you win $30-$60 in one click. Of course I do this for relaxing purposes only, and, to tell the truth, my overall profit in dice is negative, but this game really helps me to relax and that's why it's definitely beneficial for me.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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SolomonSollarsNSense
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July 12, 2018, 03:54:15 PM |
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but unfortunately, the benefits of gambling for ourselves does not exist, because the fact gambling just makes me addicted, and lost a lot of money. It's my experience that's been playing gambling for a few years. even gambling could not make me a lot of money. but in other ways, I can make a lot of money.
If someone is defending this point and ask you that he would share some points where beneficiary behavior of gambling can be seen towards humans, believe me that man is just making you fool. You must answer him that doesn’t it be a source of destruction for humans? Doesn’t anyone who come here just bears pain and loss every time whenever he just play? People have already got a lot of benefit from bitcoin, but most of the people got the profit because of the good luck, if you are luck you can really get some good profit from gambling, but it is very hard to say that if someone is getting profit from bitcoin because of their skill and education, because in gambling we mostly depend on our luck. You are right and fun is the only benefit of gambling, bt the wrong thing is that when you lose your money you will become stress and will feel upset. Therefore I think that gambling for long time has no benefits and the end is always worst. Addicted gamblers lose all their money and leaves themselves in debts. To cover debts gambler becomes criminal. Not all the gamblers become upset after loss and return again with a win. This is not a common and necessary thing that a gambler gets upset after losing, a real gambler will think for better result in the next game and will not lose hope of wining game. Gambling has many advantages and that is why it is alive in many countries and common in the European countries. Yeah there are benefits of gambling but not for gamblers. Gambling is beneficial only for casino owners, because they took all the money of Gamblers. Did you see any person who won a lot of money in gambling and now he is spending a happy life with his family? I don't think so that there is any benefit of gambling.it is a bad thing and a bad thing has no benefits.
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rickadone
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July 13, 2018, 04:51:44 PM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
Well, it is a great way if you actually are gambling with what you can afford to lose. Really, I spend a lot of time on my PC doing some work, and since I have some little fund on by freebitco.in account, I just use some script to the roll with very little bet which if I am spending about 12 hours on my system daily, getting as low as 6000 sats on top of them all is not bad since I am not actually working for it anyway. If everything goes which the chances would be as long as 40 streaks, it is a chance I can take and like I said, it is nothing I cannot afford to lose. Generally, benefit of gambling is far fetched, we all know the chance of losing is high anyway but we still find ourselves going ahead.
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Betwrong
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July 14, 2018, 02:48:36 PM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
Well, it is a great way if you actually are gambling with what you can afford to lose. Really, I spend a lot of time on my PC doing some work, and since I have some little fund on by freebitco.in account, I just use some script to the roll with very little bet which if I am spending about 12 hours on my system daily, getting as low as 6000 sats on top of them all is not bad since I am not actually working for it anyway. From your post it might look like it's possible to have a stable income of 6000 sats daily running a betting script. I personally doubt that because the possibility of existence of such a script has been disproved many times on this forum. If everything goes which the chances would be as long as 40 streaks, it is a chance I can take and like I said, it is nothing I cannot afford to lose. Generally, benefit of gambling is far fetched, we all know the chance of losing is high anyway but we still find ourselves going ahead.
I don't know about the multiplier you use, but with 2x it would take thousands of BTC on your balance to survive 40 reds in a row with just 1 satoshi as initial bet. I understand that the script you are using is most likely not a straight forward martingale, but what I feel certain of is that however sophisticated a script was it would be impossible to make a stable income with it.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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ethereumhunter
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July 15, 2018, 05:16:56 AM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it. in dice games, you will have a bigger chance to lose than the other games because you don't know what will happen in the next round so you might get loss your money. and in other games, you cannot get the benefits from gambling besides of getting lost the money and if you cannot leave the gambling, then don't blame other people to not give a warning for you. although there are any benefits of gambling, you cannot make any money on gambling and you know that the chance to lose your money is bigger.
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MMA
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July 15, 2018, 11:35:11 AM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it. in dice games, you will have a bigger chance to lose than the other games because you don't know what will happen in the next round so you might get loss your money. and in other games, you cannot get the benefits from gambling besides of getting lost the money and if you cannot leave the gambling, then don't blame other people to not give a warning for you. although there are any benefits of gambling, you cannot make any money on gambling and you know that the chance to lose your money is bigger. There is 50-50 chances of losing and winning in gambling games but if you are playing dice game physically. But if you are playing dice game using onling gambling sites, were they have an edge and most of the time they will not let you make a big money from dice gambling. I think we should try to play dice online in physical casino and not online.
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finzyoj
Sr. Member
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July 15, 2018, 10:19:06 PM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
Well, it is a great way if you actually are gambling with what you can afford to lose. Really, I spend a lot of time on my PC doing some work, and since I have some little fund on by freebitco.in account, I just use some script to the roll with very little bet which if I am spending about 12 hours on my system daily, getting as low as 6000 sats on top of them all is not bad since I am not actually working for it anyway. From your post it might look like it's possible to have a stable income of 6000 sats daily running a betting script. I personally doubt that because the possibility of existence of such a script has been disproved many times on this forum. If everything goes which the chances would be as long as 40 streaks, it is a chance I can take and like I said, it is nothing I cannot afford to lose. Generally, benefit of gambling is far fetched, we all know the chance of losing is high anyway but we still find ourselves going ahead.
I don't know about the multiplier you use, but with 2x it would take thousands of BTC on your balance to survive 40 reds in a row with just 1 satoshi as initial bet. I understand that the script you are using is most likely not a straight forward martingale, but what I feel certain of is that however sophisticated a script was it would be impossible to make a stable income with it. Well for those who have lots of money it has benefits, not all kinds/levels of people have the same point of view in life. Some people gamble for leisure, fun and forget the outside world. While others gamble to have money that sometimes they become stress in thinking how they will return all the money they spent but of course in gambling if there is a loser it has a winner. The benefits of the winner is it makes them feel happy, alive and increases their money. Gambling is not that bad. It depends on people on how they will gonna take the gambling.
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myown2cents
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July 16, 2018, 09:40:31 AM |
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Some of us use gambling as a stress reliever. No matter if I win or lose I end up having a fun time and forgetting about my daily life. It makes watching sport matches much more exciting. I feel that the less stressed out we are the longer we live. I mean we all die anyways so might as well have a good time and do what makes us feel good.
Absolutely. It is totally nonsense that somebody gambles for stress relief. I think gambling is the big reason for high stress. When you lose money you will feel frustration and you will be mentally disturbed. Then how is it possible that one gamble for reducing stress? I don’t believe this. I think gambling has no benefits at all. It is totally destruction for the whole of your family.
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krishnaverma
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July 16, 2018, 11:12:20 AM |
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Well for those who have lots of money it has benefits, not all kinds/levels of people have the same point of view in life. Some people gamble for leisure, fun and forget the outside world. While others gamble to have money that sometimes they become stress in thinking how they will return all the money they spent but of course in gambling if there is a loser it has a winner. The benefits of the winner is it makes them feel happy, alive and increases their money.
Gambling is not that bad. It depends on people on how they will gonna take the gambling.
Very right points in support of gambling and I agree with most of it. For those, who are not addicted and play it in control, there are benefits only. Even if they loose money, they get all the fun and thrill while playing. All of us spend money on entertainment like for movies and all even after knowing that the money spent is not going to come back.
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el kaka22
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July 16, 2018, 01:13:08 PM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
It all depends on how long your roll your dice because some people try to roll for long and end up losing a lot of money in this game. So if you play just for fun then you should be playing for a short while, not like few hours then you may control your losses with smaller bets. But anytime you temp to gain more money and go for bigger bets then you will surely lose more money at the end. I usually roll manually for sometime dice and stop within an hours time because when you play manually you will not like to roll for longer hours. Yeah, gambling always needs to do with some caution and try not to ever get caught in trying to win something huge than normal while still knowing very well that the possibility of losing everything either you are doing in short period or not, is still huge. I have never been a fan of rolling manually anyway since I do not have that chance, so the usage of script has always been the thing for me. The good thing about the likes of cryptogames is that you can also set it to keep rolling normally for you. The benefit of gambling i can see though is only when you end up winning a huge money that even you never expected, and then value the winning enough to go use it for something good than gambling it over again.
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thisappointed
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July 16, 2018, 03:46:22 PM |
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Well for those who have lots of money it has benefits, not all kinds/levels of people have the same point of view in life. Some people gamble for leisure, fun and forget the outside world. While others gamble to have money that sometimes they become stress in thinking how they will return all the money they spent but of course in gambling if there is a loser it has a winner. The benefits of the winner is it makes them feel happy, alive and increases their money.
Gambling is not that bad. It depends on people on how they will gonna take the gambling.
Very right points in support of gambling and I agree with most of it. For those, who are not addicted and play it in control, there are benefits only. Even if they loose money, they get all the fun and thrill while playing. All of us spend money on entertainment like for movies and all even after knowing that the money spent is not going to come back. But it is not the benefits that we are looking in gambling we are after for profits and not about having fun or thrills, like who needs that, we are not all rich kid to be happy about getting that benefits. Most of the gamblers are just after money because we need it for our everyday lives and to buy the things we need and want.
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Alfiehob
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July 17, 2018, 06:38:57 AM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
It all depends on how long your roll your dice because some people try to roll for long and end up losing a lot of money in this game. So if you play just for fun then you should be playing for a short while, not like few hours then you may control your losses with smaller bets. But anytime you temp to gain more money and go for bigger bets then you will surely lose more money at the end. I usually roll manually for sometime dice and stop within an hours time because when you play manually you will not like to roll for longer hours. It is right that you can spend some time in casino with your friend and play just for fun and not for earning and winning money, otherwise it will not be in your favor. Time in casino can reduce your tension and you will get some free time. In my mind that is the only benefit of gambling. One benefit of gambling is that when you win big money and quit gambling forever.
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himtater87
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July 18, 2018, 11:59:20 AM |
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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money. Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).
The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it. in dice games, you will have a bigger chance to lose than the other games because you don't know what will happen in the next round so you might get loss your money. and in other games, you cannot get the benefits from gambling besides of getting lost the money and if you cannot leave the gambling, then don't blame other people to not give a warning for you. although there are any benefits of gambling, you cannot make any money on gambling and you know that the chance to lose your money is bigger. Gambling means losing money no matter what kind of gambling you play. The result will be in favor of only casino owners and all gamblers leave their money in casinos. The only benefit of gambling in my mind is win huge money, quit and never gamble again. Start a respectable business and live your life happily with your family. On other benefits of gambling.
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dupee419
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July 18, 2018, 05:00:58 PM |
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Yes, you are correct about that, Gambling does have a lot of benefits, but there are also downsides with gambling, and some gamblers out there know it, it may benefit the economy, but first things first, will it give you benefits as well? I know that it is entertaining, and yeah you can earn while enjoying the game, but as this continues to happen addiction comes along to you as well, it's like a drug perhaps, addiction is dangerous, addiction can actually lead you to stupid decisions, and that is why I don't think that gambling will only bring out positive things, there are its side effects as well.
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STT
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July 18, 2018, 06:43:55 PM |
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Playing with low percentage isn't a great idea in gambling as there is no way you win a 10% bet 10 times in a row and if you lose a single bet in the middle you are in a loss which kind of sucks. It always better to play with 50% chance or play with a lower bankroll at 1% as for me till now i have always won 1 bet out of 100 rolls in 1% which is good for roi
On identical odds and bet, it would combine in quite a simple way. 10% as decimal would be 0.10 and then 10 instances with the same result would be 0.10 ^10 which is like 1 millioneth of 1 percent. 0.50 ^ 10 also is a very small number, same as flipping heads on a coin ten times in a row. Nobody should expect to win this bet, its below 1 hundredeth of 1 percent likelyhood. I would recommend taking profits along the way and then you cannot lose more then your original stake and are in profit no matter your choices vs odds later. Gambling is good for your maths I would argue ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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Thanasis
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July 18, 2018, 07:25:45 PM |
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Yes, you are correct about that, Gambling does have a lot of benefits, but there are also downsides with gambling, and some gamblers out there know it, it may benefit the economy, but first things first, will it give you benefits as well? I know that it is entertaining, and yeah you can earn while enjoying the game, but as this continues to happen addiction comes along to you as well, it's like a drug perhaps, addiction is dangerous, addiction can actually lead you to stupid decisions, and that is why I don't think that gambling will only bring out positive things, there are its side effects as well.
Gambling have positives as well as negatives but it all depends on the user who is gambling.First thing that we have to follow is never do gambling for the sake of money making then you will lose everything and get addicted to it.Just limit yourself from playing then everything will be fine.But most of the people getting failed in gambling so chance of having benefits in gambling is very small.
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Symphonized
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July 19, 2018, 06:18:13 AM |
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Such nice article about gambling thank you. Well for me: profit, new friends, new way of real life incomes? So many i can't describe ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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