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[Johnyz]

Just the other day someone wagered a million dollars on England to beat Denmark, and I think that bet may have won or lost (the game ended in tie but won in overtime so I don't know the situation) which had 700k winning reward, just because you may end up winning that doesn't mean you will keep winning forever, that 700k could be gone with another million dollar bet very easily. Long story short the point of the message was (probably) that only gamble to have fun and for entertainment purposes and not for gambling to earn money.

That bet was a loss as the player gambled on England’s win in regular time, not in overtime.

I can't even imagine how I would feel if I lost a million dollars. But, for a whale, that amount probably doesn't mean much in life. Therefore, the lesson of the story is that you should never gamble more than you can afford to lose.

Is this on a Roobet platform? Is betting already available?
As far as I know this is Roobet thread, I wonder why people are talking gambling on this thread in general. I do made some comment but I think that’s already enough.

If Betting/sports betting will be available on Roobet, this can be a good update, I don’t know though because I’m not updated with Roobet anymore.

[DoublerHunter]

^ Whale? I thought we can hear whale is on the trading market only not here on the gambling, is there they had something to manipulate?
Sorry but this is something new to me now, or probably let us called them a big player, not just a whale.
-snip-

The term "whale" for a high roller has been around for a very long time, "back in the day" when Bustadice was launched and people promptly bet BTC in triple digits, they were already referred to as whales in chat. Nevertheless it fits in my opinion quite well, who could otherwise afford such high bet amounts if not a BTC whale.

^ Thank you for the clarification and now I know that there are called "whales" in gambling, I thought before only on trading exchange there are and now even here in the gambling industry have also whale. This means that Roobet has a big improvement because they had big players or whales playing, which means they are worth it to trust with a huge fund. Nevertheless, no doubt on Roobet implementing KYC is worth it because if they don't, players like this will always be suspected of money laundering or any illegal activity that is related to finance.

[Raflesia]

^ Thank you for the clarification and now I know that there are called "whales" in gambling, I thought before only on trading exchange there are and now even here in the gambling industry have also whale. This means that Roobet has a big improvement because they had big players or whales playing, which means they are worth it to trust with a huge fund. Nevertheless, no doubt on Roobet implementing KYC is worth it because if they don't, players like this will always be suspected of money laundering or any illegal activity that is related to finance.

Maybe it's been a long time since whales have been in gambling, only I'm not aware of their blatant winnings but I think we know by winning a lot of jackpots it can be called whales too.

I also think the reason roobet implements the KYC system is because there are many whales in it so that with KYC no one is suspected after many big wins, I know that what I'm afraid of is money laundering everywhere and if this is not implemented what will happen will definitely freeze account that will be done by Roobet.

[Eureka_07]

<snip>
^ Thank you for the clarification and now I know that there are called "whales" in gambling, I thought before only on trading exchange there are and now even here in the gambling industry have also whale. This means that Roobet has a big improvement because they had big players or whales playing, which means they are worth it to trust with a huge fund. Nevertheless, no doubt on Roobet implementing KYC is worth it because if they don't, players like this will always be suspected of money laundering or any illegal activity that is related to finance.

I'm quite sure the term "whale" is used as the same meaning to holding/trading/transferring/gambling with the use of bitcoin or any other cryptocurrencies, or just fiat currency. The reason they've been coined as "whales" is because they have a lot of money. They're huge. It's a personification IMO.

[aysg76]

Just the other day someone wagered a million dollars on England to beat Denmark, and I think that bet may have won or lost (the game ended in tie but won in overtime so I don't know the situation) which had 700k winning reward, just because you may end up winning that doesn't mean you will keep winning forever, that 700k could be gone with another million dollar bet very easily. Long story short the point of the message was (probably) that only gamble to have fun and for entertainment purposes and not for gambling to earn money.

That bet was a loss as the player gambled on England’s win in regular time, not in overtime.

I can't even imagine how I would feel if I lost a million dollars. But, for a whale, that amount probably doesn't mean much in life. Therefore, the lesson of the story is that you should never gamble more than you can afford to lose.

Losing that much amount is still very bad feeling even if you are whale player because you can ignore normal loss but if you have gone out it would really hurt for sometime but whales still bet and cover their losses and keep on playing with same pace and betting million agains.They can afford to loose that much and that's why they are termed as whales.

[Eureka_07]

<snip>They can afford to loose that much and that's why they are termed as whales.

I completely disagree with this statement. That is not the reason why they have been called as "whales". As what I just said a while ago, they are those persons who has huge amount of money/asset or anything that they can use to play and gamble on casinos.
The statement has a point though since they can afford to loose lots of money, but that surely isn't the reason why they called as whales.

[DoublerHunter]

^ Thank you for the clarification and now I know that there are called "whales" in gambling, I thought before only on trading exchange there are and now even here in the gambling industry have also whale. This means that Roobet has a big improvement because they had big players or whales playing, which means they are worth it to trust with a huge fund. Nevertheless, no doubt on Roobet implementing KYC is worth it because if they don't, players like this will always be suspected of money laundering or any illegal activity that is related to finance.

Maybe it's been a long time since whales have been in gambling, only I'm not aware of their blatant winnings but I think we know by winning a lot of jackpots it can be called whales too.

I also think the reason roobet implements the KYC system is because there are many whales in it so that with KYC no one is suspected after many big wins, I know that what I'm afraid of is money laundering everywhere and if this is not implemented what will happen will definitely freeze account that will be done by Roobet.

^ Definitely right regarding the KYC part, it was clear now that this is a part of a legitimate gambling site that has a KYC, even how many whales will play they are still safe and no one will suspect you about the fund because you are playing here it means you have submitted your data information and others. Nevertheless before, the whole thought as know is that they are big players, not whales.

[seleme]

I have to make approx 100 bets to win 20/30 bets; So if you can't effort $10, how will you be an active gambler & how will you be able to acquire your ROI by wagering!
Yes, gambling is entertainment but if there is no winning/profit then there is no entertainment by losing money. as much as you can effort as much as you will get chance of winning.
So, for getting $5000 lucky winning chance, $10 is not a big deal at all.

Well, it's also very depend on the player's bankroll, if they only have a small amount then $10 will be a problem because it's impossible to only have $100 and the wager is $10, because I have experienced has been more than 40x losing streak.
And also the $10 wager is to get a lottery ticket, which means you don't necessarily win, so I think those who play are those who are used to betting like that, not betting that amount to get a lottery ticket, so that's the money they can afford to lose

The higher stake requirements to get a ticket is better if you ask me because of the competition with high-rollers. Unless the Roobet team excludes streamers, the chances are slim to win the giveaway.

I don't know if they will exclude the streamers to the competition since they will be a good addition interms n marketinf aspects and theh could hype up this so I expect that they are a valid participant,  but we shouldn't worried about that since even if they join they still similar chance to us and may the luckiest person win so good luck to all of the participants.

I am sure the streamers will win on every single raffle because of million-dollar wagers every day, they get unlimited reloads on btc,eth,ltc balances. If you watch publicly well-known Twitch streamers, they get $30000 on each currency when they bust it all, imagine getting thousands of tickets and not winning a raffle while your competitors have an average $1000 deposit ratio.

After checking the rules, I was sure the sponsored funds are not eligible for giveaway. I am still curious in what world Xposed(Codeman) wins the raffles, he is the face of Roobet promo but the tickets he get with unlimited refills decreases the chances for other participants.

[aysg76]

<snip>They can afford to loose that much and that's why they are termed as whales.

I completely disagree with this statement. That is not the reason why they have been called as "whales". As what I just said a while ago, they are those persons who has huge amount of money/asset or anything that they can use to play and gamble on casinos.
The statement has a point though since they can afford to loose lots of money, but that surely isn't the reason why they called as whales.

It Seems that you don't understand my point which was I trying to say if whales can afford to loose it on the other side means they have deep pockets to support them and that's why they are termed as whales.The simple reason is they have huge funds available with them and they don't lose hope even after high losses.

[khaled0111]

I am sure the streamers will win on every single raffle because of million-dollar wagers every day, they get unlimited reloads on btc,eth,ltc balances

Not sure if streamers are eligible to participate in promotions or not, but what's for sure is that the terms of the competition guarantee that streamers won't have any advantage over other players since sponsored funds do not count. This way, all players stand the same chance of winning:

Other Terms
Sponsored funds will not reward tickets for the promotion.

Besides, and correct me if am wrong but I don't remember seeing any of the known streamers winning any of the past promotions. So, this is not something to worry about

[Eureka_07]

<snip>They can afford to loose that much and that's why they are termed as whales.

I completely disagree with this statement. That is not the reason why they have been called as "whales". As what I just said a while ago, they are those persons who has huge amount of money/asset or anything that they can use to play and gamble on casinos.
The statement has a point though since they can afford to loose lots of money, but that surely isn't the reason why they called as whales.

It Seems that you don't understand my point which was I trying to say if whales can afford to loose it on the other side means they have deep pockets to support them and that's why they are termed as whales.The simple reason is they have huge funds available with them and they don't lose hope even after high losses.

No. It doesn't seem like that dude As what I just said,  your statement has some point since whales has a lot of money they can use and afford to lose on gambling. So in my opinion, I really  understand your point.

<snip>
I completely disagree with this statement. That is not the reason why they have been called as "whales". As what I just said a while ago, they are those persons who has huge amount of money/asset or anything that they can use to play and gamble on casinos.
The statement has a point though since they can afford to loose lots of money, but that surely isn't the reason why they called as whales.

[tygeade]

Lower stake requirement is better as it can cover all players, so smaller players can participate to get some tickets with small starting balance. What roobet done so far for their lottery is better than most other similar lottery because players need to wager $10 only to get 1 ticket and as per experience from the past lotteries, there were some winners who won the lottery with low number of tickets (under 100).

That's right, I have seen people win with 1 ticket in a lottery with over 20 million tickets total, rare situation but does happens. Plus the house edge is something we already knew when starting and that means roobet has the chance to prove us that the extra house edge they take can be earned back from the extra things they are offering which is why it is so nice.

I personally believe that we should not be looking at what we are doing with not just gambling but with competitions and prizes and so forth as well. That's just how it should be like for roobet, because they are offering extra stuff. As a person who doesn't have too much money and can gamble with only 10-20 bucks then maybe you should not pick here, I would probably not even pick btc to gamble because fee's will eat up all your money, but if you have 100 bucks or over than this place "could" be best if you are lucky.

[rodskee]

Just the other day someone wagered a million dollars on England to beat Denmark, and I think that bet may have won or lost (the game ended in tie but won in overtime so I don't know the situation) which had 700k winning reward, just because you may end up winning that doesn't mean you will keep winning forever, that 700k could be gone with another million dollar bet very easily. Long story short the point of the message was (probably) that only gamble to have fun and for entertainment purposes and not for gambling to earn money.

That bet was a loss as the player gambled on England’s win in regular time, not in overtime.

I can't even imagine how I would feel if I lost a million dollars. But, for a whale, that amount probably doesn't mean much in life. Therefore, the lesson of the story is that you should never gamble more than you can afford to lose.

1 million is really a Huge amount but i remember last US presidential election there is a person that bets 5 million dollars for trump though He losses but yet that's higher than a million bet conducted by this bettor for England .

Is this on a Roobet platform? Is betting already available?
As far as I know this is Roobet thread, I wonder why people are talking gambling on this thread in general. I do made some comment but I think that’s already enough.

Lol just let people talk about what they want to tackle as long as it is gambling related because this is gambling section and there is no specifications for what to post or say.

If Betting/sports betting will be available on Roobet, this can be a good update, I don’t know though because I’m not updated with Roobet anymore.

you are visiting this thread constantly so i think You are completely updated on what is going on.

[dezoel]

I am sure the streamers will win on every single raffle because of million-dollar wagers every day, they get unlimited reloads on btc,eth,ltc balances. If you watch publicly well-known Twitch streamers, they get $30000 on each currency when they bust it all, imagine getting thousands of tickets and not winning a raffle while your competitors have an average $1000 deposit ratio.

Just because you have a lot of tickets don’t mean that you will end up winning. Streamers do have the "biggest" chance but that doesn't mean that you will end up with winning just because you have the better chance because in lottery you end up winning with just one ticket and that means everyone has the chance.

Streamers also lose a ton of money while gambling as well, I recently saw a guy who had a stream and lost 12k euro in one sitting, it took like 6 hours of stream to lose it all but dude actually did lose that much, which was all he deposited (this is another casino then roobet, in fact it was a fiat place) and I am 100% sure that he didn't made any profit that day, even with all streaming income, subscribers, donations, sponsors and all that he still doesn't make 12k euro per stream that is impossible because he was viewed like 2k viewers.

So I think they do deserve to have "bigger chance", it is not like they will surely win, you give people who lose insane amounts of money in your casino just a bigger chance than people who spend a lot less, that is fair.

[Kittygalore]

It Seems that you don't understand my point which was I trying to say if whales can afford to loose it on the other side means they have deep pockets to support them and that's why they are termed as whales.The simple reason is they have huge funds available with them and they don't lose hope even after high losses.

No matter how deep your pocket is but you are gambling, you will eventually lose all those money even if they are whales, pretty sure that they aren't immune to being bankrupt. Also, you aren't a wise whale if you are wasting your time let along your bitcoins in gambling when you could've use it to make more money.

[Strongkored]

The raffle ticket holders have been drawn and here are 15 names of winners who managed to get $5,000, who is at number 10 is lucky enough to only have 334 tickets but can be included in the list of the winners, this is pure of luck.

Source

[roosbit]

The raffle ticket holders have been drawn and here are 15 names of winners who managed to get $5,000, who is at number 10 is lucky enough to only have 334 tickets but can be included in the list of the winners, this is pure of luck.

Source

I think everyone that has less than a thousand raffle tickets must count themselves lucky for this draw because competition was heated ,with others with more tickets not winning!

Indeed it's  a game of chance and anyone can win.

Congrats to all winners

[so98nn]

[...]

I think everyone that has less than a thousand raffle tickets must count themselves lucky for this draw because competition was heated ,with others with more tickets not winning!

Indeed it's  a game of chance and anyone can win.

Congrats to all winners

I can't imagine myself at number 13 and 14 and having more than thousand tickets. Dam, those too poor hidden's, they might be very upset with this draw. However, after seeing many raffles like this I am also on the conclusion where luck is "purest" here. Since this is provably fair draw one can not argue with the raffle draw system as well. Though people keep spreading negative words around the social media as to why they were not chosen after having so many ticket, they do not consider such thing exists! 
The rage is real but fun is more exciting than that.

Whenever raffle is going on, I would simply play like a normal day and for every $10 the tickets get automatically added so I always leave rest of the things on my luck. Lolz.
There is no need to put beyond what you can afford. Roobet is fun place and it always keeps giving us more than we can ask. So keep Rooing!!!! 

Congrats to all the winners!

[Furious 7]

I can't imagine myself at number 13 and 14 and having more than thousand tickets. Dam, those too poor hidden's, they might be very upset with this draw. However, after seeing many raffles like this I am also on the conclusion where luck is "purest" here. Since this is provably fair draw one can not argue with the raffle draw system as well. Though people keep spreading negative words around the social media as to why they were not chosen after having so many ticket, they do not consider such thing exists! 
The rage is real but fun is more exciting than that.

Whenever raffle is going on, I would simply play like a normal day and for every $10 the tickets get automatically added so I always leave rest of the things on my luck. Lolz.
There is no need to put beyond what you can afford. Roobet is fun place and it always keeps giving us more than we can ask. So keep Rooing!!!! 

Congrats to all the winners!

Actually, we should not be discouraged by many other people with their tickets, but all of that has been proven fair that in this lottery it is pure luck that Roobet chose, there is no other reason for many tickets to be collected because it does not guarantee that you will be the winner of all of them. depends on our fate which is destined to win.

Now we know that if there are more contests in the future, there is no need to think about more tickets with hundreds of them being winners, it's just that it may be more regular to play at Roobet.

[aysg76]

I can't imagine myself at number 13 and 14 and having more than thousand tickets. Dam, those too poor hidden's, they might be very upset with this draw. However, after seeing many raffles like this I am also on the conclusion where luck is "purest" here. Since this is provably fair draw one can not argue with the raffle draw system as well. Though people keep spreading negative words around the social media as to why they were not chosen after having so many ticket, they do not consider such thing exists! 
The rage is real but fun is more exciting than that.

Whenever raffle is going on, I would simply play like a normal day and for every $10 the tickets get automatically added so I always leave rest of the things on my luck. Lolz.
There is no need to put beyond what you can afford. Roobet is fun place and it always keeps giving us more than we can ask. So keep Rooing!!!! 

Congrats to all the winners!

Yes if you are lucky that day you will surely be on the winning side no matters if you have less or more tickets and same has happened here like some players have less than 1000 tickets like 334 raffle tickets and still be on the list when other along with you are having thousands of them so that player must feel lucky no doubt.This is how luck plays a vital role in gambling but as said by you always gamble with your extra funds which when lost not give you any kind of stress.