Duzter
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August 19, 2019, 06:56:10 PM |
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If you want reliable income go get a job, buy a house and rent it, or put your money in a bank and collect interest.
Gambling isn't a risk free way to make money. If it was possible, we wouldn't call it "gambling", we would call it "job" or "business" instead.
Alternatively, you can be the house or build your own casino. You'll have all the advantages of limiting max bet amount, house edge etc. Nobody can win against math. Otherwise we wouldn't have bitcoin.
Agreed, good is to have a job for the living. Earn and making investment on properties and other physical assets were a good choice. With excess money it is good to spend on gambling, as it does not assure with an earning same as a job. Earning ones own casino is not an easy task. Gambling is a large scale industry where there is a big need for capital funding.
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guoyu78
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August 19, 2019, 07:24:02 PM |
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We need to think about how a gambling house will afford to pay us even that would be low amounts but on daily basis. Gambling houses are not printing money on their own hence we cannot gain money from a gambling house out of any strategy as the actual income generation for a house is just our bankroll. If you win at some point of time, probably someone might have lost the same or bigger money on the other side.
We are all betting against the house at most of the time in gambling. So, houses need to win and lose in cyclic manner so that their actual business may keep on surviving. When the actual business is this way, how we can expect a income stream out of gambling?
The term income stream denotes consistency which was mentioned by OP as "daily".
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docthusinh
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August 19, 2019, 10:26:55 PM Last edit: August 19, 2019, 10:36:58 PM by docthusinh |
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What if you do it this way: Let's assume that we have 1 BTC on our balance in a gambling dice site - Let's say you are willing to risk 1% of that to a 50% winning chance rate
- It's high or low and gets it right
- After betting you stop already, whether you win or you lose
- WIN - Then you enjoy additional 1% of your balance
- LOSE - Then you take your losses and hope for a better tomorrow
I haven't tried this one but, it's going for the long game. I think it's also a mind game when you are gambling with dice or any gambling game because you need to have control with yourself and don't get emotional. I think that's what always happens. My rule of thumb: take what i will gamble in one year and defined it as "willing to lose" amount, get 2% of that as starting balance for gambling, scale this in to an exponential curve in which the bigger the losing streak, the higher the profit if it won and make sure that this 2% can last long enough...if it lose all...deposit the remaining 98% and try to win. The only thing is..beat every single rare losing streak, that's what i found out and the biggest drainage is 1/2 of my "willing to lose" amount (originally)..by now this amount increase and = 150% original amount (in which the biggest drainage is only at 1/3 of my total balance currently)...thus I am safe...and it ran for 2 months or 25% profit per month.
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AjithBtc
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August 19, 2019, 11:57:36 PM |
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What if you do it this way: Let's assume that we have 1 BTC on our balance in a gambling dice site - Let's say you are willing to risk 1% of that to a 50% winning chance rate
- It's high or low and gets it right
- After betting you stop already, whether you win or you lose
- WIN - Then you enjoy additional 1% of your balance
- LOSE - Then you take your losses and hope for a better tomorrow
I haven't tried this one but, it's going for the long game. I think it's also a mind game when you are gambling with dice or any gambling game because you need to have control with yourself and don't get emotional. I think that's what always happens. This is a possible way of getting a small gain regularly, and every user can try this. Here we need to think of the human mind which will not stop if the first roll has ended in a loss. Somehow they try to get back the loss which results in further loss. If won they might wait for the next day.
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crwth
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August 20, 2019, 03:49:13 AM |
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My rule of thumb: take what i will gamble in one year and defined it as "willing to lose" amount, get 2% of that as starting balance for gambling, scale this in to an exponential curve in which the bigger the losing streak, the higher the profit if it won and make sure that this 2% can last long enough...if it lose all...deposit the remaining 98% and try to win.
Where did you try this marvelous feat that you are saying? It's typically impossible to predict but making that you are lucky enough to hit that jackpot could probably help you regain all the losses in that curve and end that losing streak. I did remember trying out a fishing technique using a bot and ran continuously for 24 hours in my computer just to gamble money that I'm willing to lose, or should I say BTC. And it somehow proved working until it didn't. Lol.
This is a possible way of getting a small gain regularly, and every user can try this. Here we need to think of the human mind which will not stop if the first roll has ended in a loss. Somehow they try to get back the loss which results in further loss. If won they might wait for the next day.
I think you should try it too but all I'm saying is that I haven't tried it and I'm not suggesting it to be done. It's all theoretical and wouldn't mind it to be called a failed strategy or something. You will never know.
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hahay
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August 21, 2019, 11:06:09 PM |
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I think the only way to do it is through sports betting. You can bet on very very easy odds and take a small profit daily. As opposed to gambling which is based on pure luck, in sports betting, you can at least predict the outcome consciously lol. And betting on it has a lower chance of losing. But then again, gambling should never treated as a permanent profession This is truly a Good idea that we can make money with slow as we know that slow and steady wins the race. There are allot of sports betting sites that we can use for spending out money choose one and select a game it will give gradual income slow but there Will be low chances of lose as my own brother use to do this. If you have good patience then this method will be the right choice. But if you talk about low odds with very low risk too, then I think betting on the dice can also be done and that will be faster when compared to sports betting, at least you need time to get it until the game is over.
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cs_zoro
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August 21, 2019, 11:44:33 PM |
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i have analyzes that increase your chance of winning. i can guide high rollers with shared profit. pm for details.
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rdluffy (OP)
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August 22, 2019, 12:12:17 AM |
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If you want reliable income go get a job, buy a house and rent it, or put your money in a bank and collect interest.
Gambling isn't a risk free way to make money. If it was possible, we wouldn't call it "gambling", we would call it "job" or "business" instead.
Alternatively, you can be the house or build your own casino. You'll have all the advantages of limiting max bet amount, house edge etc. Nobody can win against math. Otherwise we wouldn't have bitcoin.
Hey, I already have a job, a house and investments in another areas, but this is just a thread to share ideias and talk about gambling, I like this subject and this is a good way to know another's people methods
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iMark
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August 22, 2019, 02:00:31 AM |
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I think the only way to do it is through sports betting. You can bet on very very easy odds and take a small profit daily. As opposed to gambling which is based on pure luck, in sports betting, you can at least predict the outcome consciously lol. And betting on it has a lower chance of losing. But then again, gambling should never treated as a permanent profession This is truly a Good idea that we can make money with slow as we know that slow and steady wins the race. There are allot of sports betting sites that we can use for spending out money choose one and select a game it will give gradual income slow but there Will be low chances of lose as my own brother use to do this. That's also a good idea, lets say you always bet for big teams like Barcelona, Liverpool, Juventus And Man City. they almost always win in the local league last season. betting on that team to win will certainly give you a higher chance of winning, even though the odds are very small. but if you do that every week, then every month you can make a pretty big profit is it?
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LogitechMouse
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August 22, 2019, 06:21:23 AM |
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I think to gain money daily isn't possible because you don't know what will happen to your money in the future. Even it is low daily profits, the possibilities of you to get lose in gambling is always high. Even you use strategies, losing is inevitable. I think the only way to gain money is to learn how to control yourself if you win and learn how to stop if you lose.
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ethereumhunter
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August 22, 2019, 08:05:19 AM |
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I think the only way to do it is through sports betting. You can bet on very very easy odds and take a small profit daily. As opposed to gambling which is based on pure luck, in sports betting, you can at least predict the outcome consciously lol. And betting on it has a lower chance of losing. But then again, gambling should never treated as a permanent profession This is truly a Good idea that we can make money with slow as we know that slow and steady wins the race. There are allot of sports betting sites that we can use for spending out money choose one and select a game it will give gradual income slow but there Will be low chances of lose as my own brother use to do this. That's also a good idea, lets say you always bet for big teams like Barcelona, Liverpool, Juventus And Man City. they almost always win in the local league last season. betting on that team to win will certainly give you a higher chance of winning, even though the odds are very small. but if you do that every week, then every month you can make a pretty big profit is it? That will be a high profit to us, especially if we can win in every match. I think if we choose sports betting, it will give a nice profit to us and as I said before, we can win some big profit from the games. But sometimes we need to be careful because once we feel about the winning, in the next bet, we also want to get another win, and that will make us place a bigger bet.
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imstillthebest
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August 22, 2019, 08:21:52 AM |
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sometimes we need to be careful because once we feel about the winning, in the next bet, we also want to get another win, and that will make us place a bigger bet.
Its okay to bet big if you have that positive feeling that you could win because there is a bigger chance that you can actually win but its not adviceable to bet big if you are doubting on the game that your betting because there is a big chance that you can loose or better if you dont gamble at all to avoid loosing . this is the other method that im doing and it work for me like a charm
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Ucy
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August 23, 2019, 01:18:10 PM |
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And guys, I know there's no 100% strategy, it's just curiosity
what would get even curious if you already know in the first place that it isn't possible? If you wanted to gain money it might be a decent or low one the best possible thing to consider is obviously making yourself super extremely good on a skill based game. While in my cased, even if again this is not a 100% working and it is not on a daily basis. I personally think that you have a high win rate if you do sports betting. Usually the favorite will win the fight. Rather than trying to practice a strategy on a programmed game which is obviously not that fair Like your advice on getting grounded in a skill-based game. Wonder what other skill-based gambling aside sport-betting you'd recommend Sport-betting will be pretty difficult for people who do not watch sports (soccer esp) that much. Sport like horse racing would work for me but it not that easily available and popular
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Betwrong
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I stand with Ukraine.
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August 24, 2019, 09:13:48 AM |
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If you want reliable income go get a job, buy a house and rent it, or put your money in a bank and collect interest.
Gambling isn't a risk free way to make money. If it was possible, we wouldn't call it "gambling", we would call it "job" or "business" instead.
Alternatively, you can be the house or build your own casino. You'll have all the advantages of limiting max bet amount, house edge etc. Nobody can win against math. Otherwise we wouldn't have bitcoin.
Hey, I already have a job, a house and investments in another areas, but this is just a thread to share ideias and talk about gambling, I like this subject and this is a good way to know another's people methods As I can see, you are not from those looking for a way to make their living from gambling. Good for you! Seeing gambling as pure entertainment is the best approach to it, imo. Regarding the strategy, you ask in the OP, I suggest you to try the following. Always try to participate in promo games which are +EV (in some cases they are not, so you should check that every time), and even if you will not succeed in some of them, statistically you should be in profit in the long run.
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BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
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TheUltraElite
Legendary
Offline
Activity: 2982
Merit: 1312
So anyway, I applied as a merit source :)
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August 30, 2019, 06:52:05 AM |
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Wonder what other skill-based gambling aside sport-betting you'd recommend Poker and rummy definitely. In certain countries we even have tournaments weekly and monthly for these games. But a word of caution is that because they are skill based they are also tough to learn and master and you need to be a master in these games if you wish to go for that tournament pot. Sport-betting will be pretty difficult for people who do not watch sports (soccer esp) that much. Sport like horse racing would work for me but it not that easily available and popular
Horse racing is more of a niche gambling. You should check your locality and countryside for such games. Maybe you can hit up a bookie who organizes such events. Who knows, you might even get some good tips. But be careful of anybody giving you tips - many can be bluffs.
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1982dre
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August 30, 2019, 03:14:39 PM |
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i have analyzes that increase your chance of winning. i can guide high rollers with shared profit. pm for details.
Why not gambling with own money if you tactic is so good instead of looking for someone who takes the risk??
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btc78
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2604
Merit: 217
Eloncoin.org - Mars, here we come!
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August 30, 2019, 03:51:13 PM |
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i have analyzes that increase your chance of winning. i can guide high rollers with shared profit. pm for details.
Account with “Single Post” and just created to put it in here?yeah you are legit lol Maybe those accounts that created topic weeks ago that almost same offering is your friend!?😂😂 i have analyzes that increase your chance of winning. i can guide high rollers with shared profit. pm for details.
Why not gambling with own money if you tactic is so good instead of looking for someone who takes the risk?? Exactly the point lol.or maybe he is a Good Samaritan that wanted to help?lol 😂
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virasog
Legendary
Offline
Activity: 3080
Merit: 1168
Leading Crypto Sports Betting & Casino Platform
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August 30, 2019, 04:32:20 PM |
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If you want reliable income go get a job, buy a house and rent it, or put your money in a bank and collect interest.
Gambling isn't a risk free way to make money. If it was possible, we wouldn't call it "gambling", we would call it "job" or "business" instead.
Alternatively, you can be the house or build your own casino. You'll have all the advantages of limiting max bet amount, house edge etc. Nobody can win against math. Otherwise we wouldn't have bitcoin.
Hey, I already have a job, a house and investments in another areas, but this is just a thread to share ideias and talk about gambling, I like this subject and this is a good way to know another's people methods As I can see, you are not from those looking for a way to make their living from gambling. Good for you! Seeing gambling as pure entertainment is the best approach to it, imo. Regarding the strategy, you ask in the OP, I suggest you to try the following. Always try to participate in promo games which are +EV (in some cases they are not, so you should check that every time), and even if you will not succeed in some of them, statistically you should be in profit in the long run. Those who make any living with gambling cannot continue it for a longer term. Even if they succeed in the short term, it will be very hard for them to keep on winning. Dice and other gambling games are too much risky and no one can win them constantly. However sports betting is by far the safest and if you have good knowledge of it, you can have better chances of wining.
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rdluffy (OP)
Legendary
Offline
Activity: 2338
Merit: 1392
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August 30, 2019, 04:58:15 PM |
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If you want reliable income go get a job, buy a house and rent it, or put your money in a bank and collect interest.
Gambling isn't a risk free way to make money. If it was possible, we wouldn't call it "gambling", we would call it "job" or "business" instead.
Alternatively, you can be the house or build your own casino. You'll have all the advantages of limiting max bet amount, house edge etc. Nobody can win against math. Otherwise we wouldn't have bitcoin.
Hey, I already have a job, a house and investments in another areas, but this is just a thread to share ideias and talk about gambling, I like this subject and this is a good way to know another's people methods As I can see, you are not from those looking for a way to make their living from gambling. Good for you! Seeing gambling as pure entertainment is the best approach to it, imo. Regarding the strategy, you ask in the OP, I suggest you to try the following. Always try to participate in promo games which are +EV (in some cases they are not, so you should check that every time), and even if you will not succeed in some of them, statistically you should be in profit in the long run. Those who make any living with gambling cannot continue it for a longer term. Even if they succeed in the short term, it will be very hard for them to keep on winning. Dice and other gambling games are too much risky and no one can win them constantly. However sports betting is by far the safest and if you have good knowledge of it, you can have better chances of wining. Yes, I know and agree with you guys sports bets are safer because it's not only lucky, if you really know about the sport you're betting you'll increase the profits I already did some money on sports bets, but consumes a lot of time if you are really into and wanting to gain money, you have to know a lot of details about players, places, the championship in general, but it's a great area to gain money
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boyptc
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2019, 11:07:57 PM |
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i have analyzes that increase your chance of winning. i can guide high rollers with shared profit. pm for details.
Why not gambling with own money if you tactic is so good instead of looking for someone who takes the risk?? Don't believe with those kind of offers, you hold your own money, you win or lose it on your own. Just don't trust others words with a guarantee that both of you will have a shared profit.
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