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Author Topic: What is best practice for gambling??  (Read 19675 times)
maydna
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June 27, 2018, 01:40:17 PM
 #61

May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.

I don't get the point. I think if you want to make an investment in gambling, you need to think about how much money you want to use for investment and don't use too big money because it is too risky.

May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.
Not to gamble at all (anymore) is the best worked for me.

What is the legal way for earn bitcoin? Any suggestion or advice.

I think if in your country, there are no regulations about bitcoin and people can use bitcoin for free, then you can try to earn bitcoin in many ways. you can deposit your money to buy bitcoin, you can join with bounty campaign which could give you tokens and you can sell your tokens to earn ethereum and then you can sell it to get bitcoin.

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zmkriel
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June 27, 2018, 02:07:46 PM
 #62

The best practice before you gamble is the study and learn the game that you are going into before you proceed in betting. Why not try to play faucet games first and master what would be your favorite game in there. Atleast it will cost you nothing and not a pain in your pocket from then try to play betting game little by little.
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June 27, 2018, 02:13:35 PM
 #63


That has actually worked for a lot of people, lol. Some made the mistake to think that gambling is an investment where they can be making some consistent profit and I wonder where they want to place the gambling platform owners.
I am one of them  Grin
I was addictive to gambling long ago. Thanks to my friends and family to support me to give it up. My passion was sports betting in any kind of sports. Almost 24/7 in online gambling sites. That was a hell stressful life.
Lol, I remember also mate when I also became addicted to gambling I noticed that because I always wanted to gamble even just I don't have enough fund to deposit my account when it comes to the point that I'd borrowed money to my friend just to gamble but everything I lend was lost. Later on, I realized that chasing money on gambling is a part of greediness and probably make your money lost.
Gambling is pure luck no need to practice, even a newbie can do this.

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June 27, 2018, 02:23:10 PM
 #64

The best way to master in gambling is after the deep practice of game ,you can play with money.Then ,eventhough you loss the investment .The loss in the game will be compared low.In best gambling site,you will some free game or game with very low investment.Use it to get more knowledge in that game.With all this you need some luck to win.
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June 27, 2018, 03:46:04 PM
 #65

Play for free until you fully understand the game before you play for real money.

This is not good advice in my opinion. "Fully understanding" the game will not make you win in one. Take dice, for example. It's not hard to understand the rules of the game, but still you can lose a lot in it after coming to wrong conclusions while playing for free. I can tell you about my personal experience. When I started playing dice game I was absolutely sure, after some time, that I know how to win in this game. All you need, I thought at the time, is a bankroll large enough to divide it 9 times by 2 and then take the result as your initial bet martingaling with 50% win chance. Indeed it is very rare to get 8 reds in a row playing with 2x multiplier. It was working for me and I increased my initial bankroll 20 times until I lost it all by getting 10 reds in a row. Then I thought, okay, I will divide my bankroll by 2 eleven times, and will take the result as my initial bet. That strategy were working longer although I wasn't making that much because my initial bet was much smaller than before. But eventually I lost it all again by getting 13 reads in a row. I started thinking on dividing my bankroll 15 times to be absolutely sure that I will never lose, and then I saw in a chat on a dice site that one player got 20 reds in a row, and other players saying that even 25 reds in a row was possible. So, what should I do? Should I divide my bankroll 26 times? Do you know what that would mean? It would mean that my bankroll should be over 1 BTC to be able to bet just 1 satoshi "without risking" to lose it all. And even that way of thinking was wrong, because absolutely anything can happen, especially when you make millions of bets. Yes, you can lose 1 Bitcoin martingaling with 50% win chance with just 1 satoshi as initial bet.

The best mindset for gambling would be to never even search for the winning strategies, but rather to gamble at your pleasure for the sake of the game.

I would agree. Despite trying to learn all of the best strategies of a gambling game, you will not turn out to be better in playing. Even those who probably have played for years already may not be 'experts' and still experience some losses even if they are already so used to playing it. Probably even math experts won't be able to be the best players in gambling despite knowing all of the tactics and computation for probability. No amount of practice would make one better in playing or able to win more money. Besides, gambling is made to be fun and not for you to earn money although it's even more fun if you win money.
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June 27, 2018, 05:40:28 PM
 #66

May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.
Gambling is always risky investment so you should invest in microBTC is safer to practice. My suggestion is different kind of gambling source are available in the market so try to develop your career in single platform automatically your experience and skills are improved in the gambling.
Gambling is not even an investment for gamblers; it is a game where most gamblers have huge chance of losing their money than ever winning. The only sets of people investing here are the owners and may be part of the house edge. Gambling should never be considered as a profit making venture since it is 100% based on luck and luck will not always be there to bail you out.

It is best to look for other area of investments like rendering of service, using your skills, doing some freelance jobs, and some other things that warrant you to work and earn it.
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June 27, 2018, 06:32:53 PM
 #67

May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.

So basically you asked that question because you need some suggestions and advice how to earn bitcoin based on your second post in this thread.

First of all, gambling will not give you an assurance that it will give you profit in return. That's why it called "Gambling" in the first place. Chances of losing money is possible here so better stay out of that if you don't understand what you are doing. Also, if you want to gamble with small amount, don't also expect that you will have a decent profit in return.

Earning bitcoin needs more dedication than you have right now. You need to give effort and time finding a good way. Just think of how fiat money were earned, thru works, so better find a way in terms of earning bitcoin. You just need to explore it.

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June 27, 2018, 07:00:13 PM
 #68

May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.
There are a lot of dice sites out there that give you a couple of bits for free sites like freebitco.in kind of like a faucet, just to try your luck and get a feel of what gambling is like, but don't expect to win anything as the amount that they give ends up quickly, but if you are looking for a more serious and games like blackjack and poker, than i think there are plenty of gambling sites that let you play without spending any money just so you can practice and if you like it you put your money into them.
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June 27, 2018, 07:13:21 PM
 #69

May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.
There are a lot of dice sites out there that give you a couple of bits for free sites like freebitco.in kind of like a faucet, just to try your luck and get a feel of what gambling is like, but don't expect to win anything as the amount that they give ends up quickly, but if you are looking for a more serious and games like blackjack and poker, than i think there are plenty of gambling sites that let you play without spending any money just so you can practice and if you like it you put your money into them.

Dice games will never take you in the role of good gambler or gambling practice mate. I see the investors really go with the betting site actually it works well than the dice games. If you invest on dice games it is purely luck only mate.
So as a investor it is not at all a right pick. Still you able to play dice with the faucet money itself.
This will work well than any good gambling practice guys try on it.
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June 27, 2018, 08:52:02 PM
 #70

Just go to some random site, claim the faucet and start gambling with minimum amount, you can try out different multipliers, see hows your luck with 1% bet or just bet with the default 2 times multiplier just to have a basic idea of how dice works. Then when you understand everything invest your small amount and try your luck who knows you might win
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June 27, 2018, 09:35:09 PM
 #71

Best practice is to only put that much amount which you can afford to lose, because risk is always high here and you never know when you will going to lose all of your money. And the next advice is to don't expect too much, you can go up from little moves and small winning amounts too, so don't underestimate the little amount/small bets.
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June 28, 2018, 03:25:13 AM
 #72

May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.


I really don't see any chance if winning when gambling a small amount. My advise is just enjoy the game and don't expect too much on winning. That is the truth because if you want to have more chances of profit then switch to trading.
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June 28, 2018, 09:39:19 AM
 #73

Play for free until you fully understand the game before you play for real money.

This is not good advice in my opinion. "Fully understanding" the game will not make you win in one. Take dice, for example. It's not hard to understand the rules of the game, but still you can lose a lot in it after coming to wrong conclusions while playing for free. I can tell you about my personal experience. When I started playing dice game I was absolutely sure, after some time, that I know how to win in this game. All you need, I thought at the time, is a bankroll large enough to divide it 9 times by 2 and then take the result as your initial bet martingaling with 50% win chance. Indeed it is very rare to get 8 reds in a row playing with 2x multiplier. It was working for me and I increased my initial bankroll 20 times until I lost it all by getting 10 reds in a row. Then I thought, okay, I will divide my bankroll by 2 eleven times, and will take the result as my initial bet. That strategy were working longer although I wasn't making that much because my initial bet was much smaller than before. But eventually I lost it all again by getting 13 reads in a row. I started thinking on dividing my bankroll 15 times to be absolutely sure that I will never lose, and then I saw in a chat on a dice site that one player got 20 reds in a row, and other players saying that even 25 reds in a row was possible. So, what should I do? Should I divide my bankroll 26 times? Do you know what that would mean? It would mean that my bankroll should be over 1 BTC to be able to bet just 1 satoshi "without risking" to lose it all. And even that way of thinking was wrong, because absolutely anything can happen, especially when you make millions of bets. Yes, you can lose 1 Bitcoin martingaling with 50% win chance with just 1 satoshi as initial bet.

The best mindset for gambling would be to never even search for the winning strategies, but rather to gamble at your pleasure for the sake of the game.

I would agree. Despite trying to learn all of the best strategies of a gambling game, you will not turn out to be better in playing. Even those who probably have played for years already may not be 'experts' and still experience some losses even if they are already so used to playing it. Probably even math experts won't be able to be the best players in gambling despite knowing all of the tactics and computation for probability. No amount of practice would make one better in playing or able to win more money. Besides, gambling is made to be fun and not for you to earn money although it's even more fun if you win money.

Math experts can be among the best players because knowing math helps you to avoid extremely stupid moves which most of the others do. And yet none of them can create a 100% winning strategy. If that was possible, bots would empty all the gambling sites in no time.

And I agree with you on that even though you shouldn't gamble in order to earn money, it's more fun if you win sometimes. Smiley

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June 28, 2018, 05:42:08 PM
 #74

May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.
Not to gamble at all (anymore) is the best worked for me.

What is the legal way for earn bitcoin? Any suggestion or advice.
If you are looking to earn bitcoin, you can start by rendering a service based on the skills you have as there is no better way than that. Any other way, you may end up losing your money.

Another best way is trading, but without knowledge you will not be different from you gambling anyway since you will be trading with no strategy and you will need a lot of patience to at least be able to do it well and right. There are also so many other ways you can do so even on this forum and you can hit the beginners forum to see where you can fit in.

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June 29, 2018, 08:27:41 AM
 #75

May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.
You can do it by trying your luck and having fun by visiting yolodice.com site, In addition to betting on this site, there is a special offer on yolodice site by investing in it so you can get the benefits
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June 29, 2018, 09:54:15 AM
 #76

May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.

Dice is a good place to use if we have a little money. Moreover, for starters, you can use the free money / faucet that the dice site offers as a test purpose only. As soon as you get used to all the stuffs and things, you can deposit your own money for real profit.

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June 29, 2018, 11:39:37 PM
 #77

Best practice is to only put that much amount which you can afford to lose, because risk is always high here and you never know when you will going to lose all of your money. And the next advice is to don't expect too much, you can go up from little moves and small winning amounts too, so don't underestimate the little amount/small bets.
Yes if we insure different measures we can make gambling in our favour. Gambling is a game of luck, but we need to be too much careful while putting money in gambling, we should invest such amount of money in gambling that we can easily afford to lose. We should also have  to set some limits for playing gambling, a good gambling strategies can also prevent you from gambling.
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June 29, 2018, 11:45:55 PM
 #78

So basically you asked that question because you need some suggestions and advice how to earn bitcoin based on your second post in this thread.
What's wrong with that? Nowadays bitcointalk is considered as the first place to earn bitcoins rather than a forum to exchange information.

First of all, gambling will not give you an assurance that it will give you profit in return. That's why it called "Gambling" in the first place. Chances of losing money is possible here so better stay out of that if you don't understand what you are doing. Also, if you want to gamble with small amount, don't also expect that you will have a decent profit in return.
He can and that's why it's called gambling. Imagine he putting that small amount of money on some slot game which turns out absolute lucky? He will get his ritches!

Earning bitcoin needs more dedication than you have right now. You need to give effort and time finding a good way. Just think of how fiat money were earned, thru works, so better find a way in terms of earning bitcoin. You just need to explore it.
He has already chosen gambling.Can't argue with that!
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June 30, 2018, 12:50:09 AM
 #79

First of all , i think that gambling on a small budget is a wrong thing to do since you'll be dragged to bet on high odds expecting quite huge winnings when you weren't even able to bet with high stakes , that will eventually make of you a greedy person and a greedy person is by default a bad gambler .
I think that one of the best pieces of advice to give to someone who is betting with a low budget is to make single bets and half of your money on that single bet , it'll be good returns with small risks , and if you loose you got the remaining half to compensate .
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June 30, 2018, 06:38:24 AM
 #80

May anyone tell me what is the best practice for gambling with little investment? I have no so much experiance about it.Any suggestion or advice.
In gambling the practice or the experience won't influence our winning rate so it is not necessary to practice for gambling you just can go straight away and play like you know how to win the games.Maybe it can help little bit in the card games but may not change the winning position so you need to be lucky if you want to win in gambling.
No, neither it helps you in gambling nor in any other sort of betting or card games nor in anything else. Better is to leave this harmful path. I am very happy with this to hear that people are coming to know the wrong aspects of this gambling. They are trying to think over it at least that this all must be drowned and there must be a new start of their life. A happy and better one.
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