Gamblers - How do you use your signature campaign earnings?

[michellee]

It's mostly a personal preference, nothing else. I just prefer having control over my earnings on my own wallet and then proceed to deposit if I ever need to. I'm not implying that providing with the option to pay directly to your casino account is a negative, on the contrary, it's a benefit, but only for those who opt for it.

As for myself, I'd prefer not to, but that's just my preference, it's just easier to be in control of your funds. Nonetheless, I'm only gambling with small amounts, it's not like that I have gambling issues and can't hold myself.

Because sometimes, if the income is sent to their account in the gambling site, it can make them tempting to use for gambling and once they found excitement in the gambling games, they will forget to manage their income instead of playing gambling. The benefit of having the income sent to the wallet is that we can hold it without sending it to the other wallet if we do not need it. And that can prevent us from sending the money to the gambling site if we want to sell bitcoin at a high price.

But no matter if the income is sent to your gambling account or your wallet, you need to manage the funds and not use them for just playing gambling. Your life is not for playing gambling and you have many things that you need to do.

it's all up to each of us. i can control my betting or simply just minimize loss at least just to satisfy myself that i still bet. after all, a small amount can win big if the odds of an MMA fight is really a mismatch.    $20 could win up to $120, that's really big considering that anything could happen in the UFC cage. a slight mistake makes a different result, it could end a round while the dominant fighter losses via rearnaked choke.

Yes, it is. It is good if you can control your betting and minimize the loss because not many people can do that in their gambling time. I agree that we can win bigger in sports betting, especially if we have much info about the match, increasing our percentage to win. But sometimes, the situation can change as the opponent can surprise and knock down our player until he can not rise. After all, if we lose, we only lose little money and end our betting for that day.

[carlisle1]

I got a payment few days back on casino's wallet and the withdrawal fees are so high which is more than my one week's payment. Unfortunately that was the last week whenever I joined that campaign. So, I can't withdraw my funds till now. I think for hunters, it should be free for withdrawal the funds for a certain period.

I'm not sure which campaign and casino's wallet you were participating in but afaik the only campaigns that pays the participants on the casino's account is Stake. Were you at that campaign and now your balance is stuck because you need to pay high withdrawal fee? If so, I suggest you to use dinabot to exchange your bitcoin into other altcoin so you can withdraw it with cheaper fee.

I wasn't familiar that there were signature campaigns paying directly to their casinos' account. To be honest, it might be more efficient, in terms of time and money (transaction fees), but I wouldn't opt for it. The reason for myself is pretty simple, I would definitely get carried away if I had a larger balance on any of my gambling accounts.

The time and money I'll need to make a deposit would be enough to deter me from spending more money if I ever get emotional.

And there are  types of gamblers like you, tempted when they've seen more balance inside their wallet.

They'll continue to push for more trying to emptied the house, hahaha.. but sadly to say it will turned against them. It's tough to see your money flowing away from you, with mistakes that unavoidable during your gambling sessions.

Make sure to have a good set of limitation and be intact on following it.

[Ultegra134]

It's mostly a personal preference, nothing else. I just prefer having control over my earnings on my own wallet and then proceed to deposit if I ever need to. I'm not implying that providing with the option to pay directly to your casino account is a negative, on the contrary, it's a benefit, but only for those who opt for it.

As for myself, I'd prefer not to, but that's just my preference, it's just easier to be in control of your funds. Nonetheless, I'm only gambling with small amounts, it's not like that I have gambling issues and can't hold myself.

Because sometimes, if the income is sent to their account in the gambling site, it can make them tempting to use for gambling and once they found excitement in the gambling games, they will forget to manage their income instead of playing gambling. The benefit of having the income sent to the wallet is that we can hold it without sending it to the other wallet if we do not need it. And that can prevent us from sending the money to the gambling site if we want to sell bitcoin at a high price.

But no matter if the income is sent to your gambling account or your wallet, you need to manage the funds and not use them for just playing gambling. Your life is not for playing gambling and you have many things that you need to do.

That is correct, in order to avoid the temptation of going overboard, if I was ever given the option to withdraw to my casino account, I'd pass. I'd rather have full control of my money

[tiCeR]

Very simple: all earnings on "black"! No, you are right because the bull run turns out to be so valuable even for minor income in BTC that it is worth holding onto some of the earnings for sure. When you say "trading" are you a day trader? That is also a kind of gambling I would say.

Too many discussions about trading and gambling about its differences and similarities. Having that said, you're right that with small amount of btc that were accumulated became larger these days.
Knowing that bitcoin has reached to $64k and then became $62k later which is still another all time high that has been reached.

We will then see the $70k soon but $100k is really possible, the bullishnesh of the market this season is way bigger compared to the past and I think to be more optimistic too that $100k is possible. For my earning, I don't really hold or accumualte now, I spent it since it does not fit with my principle to accumuate at bull run even if I only earn it, still considered it as accumulation.

Everything is possible. Just think about how many % of BTC total supply is in the hands of big players now. I bet the exchanges control up to 50% of all BTC in circulation. They can push the price to wherever they want to push it. And they certainly will at some point.

They are indeed on exchanges but the question is, are they 100% the owner of such number of BTC circulatjng in the platform? But well of course they have the upper hand but still I don't think they'll even use that to their advantage to oump or dump the value.
And as the Gambling Industry now I think they have atleast the remaining 30% of the whole supply. Pandemic really did help to increase this holding on platforms.

Exchanges are the real gold mines these days. Imagine taking 0.25% two sides from every single trade all day long from all coins traded on that exchange. There are a lot of huge exchanges with huge volumes. Take the volume, 0.5% of it and you know how much crypto value is going into exchanges' pockets every single day.
That's an enormous amount. Those who provide the infrastructure these days also control the supply. I am sure about that.

Once you control the supply, you can also impact the demand by holding coins back strategically, making it seem more scarce for a while than it actually is.

these fees that exchanges charge is very high, the biggest headache that I have faced when I do day trade is precisely those high fees that exchanges charge. exchanges are the same as casinos they always profit and change rules whenever they find it convenient. unfortunately i just see a scenario where in the future everything is worse. fortunately my winnings from gambling I use in the real world, buy food and have fun

It hurts more when you trade with leverage and leave the position open for a while, especially over the weekend. Then those exchanges charge a good chunk of money which takes a good part of your potential profits away.

[South Park]

I got a payment few days back on casino's wallet and the withdrawal fees are so high which is more than my one week's payment. Unfortunately that was the last week whenever I joined that campaign. So, I can't withdraw my funds till now. I think for hunters, it should be free for withdrawal the funds for a certain period.

I'm not sure which campaign and casino's wallet you were participating in but afaik the only campaigns that pays the participants on the casino's account is Stake. Were you at that campaign and now your balance is stuck because you need to pay high withdrawal fee? If so, I suggest you to use dinabot to exchange your bitcoin into other altcoin so you can withdraw it with cheaper fee.

I wasn't familiar that there were signature campaigns paying directly to their casinos' account. To be honest, it might be more efficient, in terms of time and money (transaction fees), but I wouldn't opt for it. The reason for myself is pretty simple, I would definitely get carried away if I had a larger balance on any of my gambling accounts.

The time and money I'll need to make a deposit would be enough to deter me from spending more money if I ever get emotional.

It is very common and depending on your needs this can be more efficient but as you say this can lead people to get carried away with the amount of money and time they use to gamble and this can be bad, which is why I prefer to have my payments sent to a wallet I control and then decide how much of that money I want to use to gamble, while it takes more on fees it gives me greater control over my finances and that is always a good thing.

[dunfida]

I got a payment few days back on casino's wallet and the withdrawal fees are so high which is more than my one week's payment. Unfortunately that was the last week whenever I joined that campaign. So, I can't withdraw my funds till now. I think for hunters, it should be free for withdrawal the funds for a certain period.

I'm not sure which campaign and casino's wallet you were participating in but afaik the only campaigns that pays the participants on the casino's account is Stake. Were you at that campaign and now your balance is stuck because you need to pay high withdrawal fee? If so, I suggest you to use dinabot to exchange your bitcoin into other altcoin so you can withdraw it with cheaper fee.

I wasn't familiar that there were signature campaigns paying directly to their casinos' account. To be honest, it might be more efficient, in terms of time and money (transaction fees), but I wouldn't opt for it. The reason for myself is pretty simple, I would definitely get carried away if I had a larger balance on any of my gambling accounts.

The time and money I'll need to make a deposit would be enough to deter me from spending more money if I ever get emotional.

It is very common and depending on your needs this can be more efficient but as you say this can lead people to get carried away with the amount of money and time they use to gamble and this can be bad, which is why I prefer to have my payments sent to a wallet I control and then decide how much of that money I want to use to gamble, while it takes more on fees it gives me greater control over my finances and that is always a good thing.

Depends on self control because i had already tested out on getting my pay in a gambling site and i can still manage  to withdraw those amounts without needing to spend those pennies.

If you do find yourself to be that impulsive because you have seen that you do have some balance on a gambling site and tend to use it for you to play then you do have at least that

light addiction towards it which it shouldnt really be tolerated because as far as you go then you cant really save up a penny because you would be actively spending it.

[KTChampions]

The overwhelming majority of people in the modern world spend more than they earn (use loans), so it is difficult to blame them for their lack of patience - they have the necessary expenses and they have to make them. Few lucky ones have the opportunity to invest with savings or invest credit money with courage.

This is the sad reality on which these decisions do mostly end up on a mess when you do tolerate this kind of behavior on where you do take some loans just to fill out that kind of thing in mind.

When it comes to expenses then it would vary to person to person because not all would really be having that kind of mindset where there are still people who are sensible towards into  their

financial management neither those came from other sources like campaigns or other freelancing works or some sort then it doesnt matter.

This is a really sad reality. And I am forced to note that now many reasonable people who had savings and did not make purchases on credit suffer. Prices are growing all over the world for all goods, especially for real estate, and it turns out that those who took out a loan to make a purchase make a profit, while those who simply saved up (without making investments) lose money due to inflation.

[tiCeR]

The overwhelming majority of people in the modern world spend more than they earn (use loans), so it is difficult to blame them for their lack of patience - they have the necessary expenses and they have to make them. Few lucky ones have the opportunity to invest with savings or invest credit money with courage.

This is the sad reality on which these decisions do mostly end up on a mess when you do tolerate this kind of behavior on where you do take some loans just to fill out that kind of thing in mind.

When it comes to expenses then it would vary to person to person because not all would really be having that kind of mindset where there are still people who are sensible towards into  their

financial management neither those came from other sources like campaigns or other freelancing works or some sort then it doesnt matter.

This is a really sad reality. And I am forced to note that now many reasonable people who had savings and did not make purchases on credit suffer. Prices are growing all over the world for all goods, especially for real estate, and it turns out that those who took out a loan to make a purchase make a profit, while those who simply saved up (without making investments) lose money due to inflation.

They make a profit on paper and only realize that profit when they sell. Do you remember how the subprime crisis enfolded? People borrowed money, bought houses, drove the prices up others bought houses, prices fell again and the collateral value dropped. Then banks asked for additional collateral but of course the borrower didn't have any. The bank terminated the contract for the respective reasons outlined in the terms and conditions and the wave of credit defaults got going.

Not everyone who borrows and buys assets with that borrowed money eventually gets to see the light at the end of the tunnel.

[EiKaGlaShPriSAThWEl]

I see a lot of signature wearers discussing gambling quite frequently in this section of the board. I’m curious, what do you do with your signature campaign earnings? Do you support your advertiser and gamble it on their platform, save it, or spend it? I assume most people probably gamble it, and that’s why signature campaigns are able to be so generous, but maybe some users are taking advantage of the funds to help support themselves or even give back to charities or organizations they enjoy. If you have a good use for your earned signature campaign earnings, share it here, or even if you have a not so good use.

It depends on my needs. But now I am focus to my purpose. We are still in pandemic season wherein expenses becomes expensive, earning money is difficult, and getting a permanent job is also difficult. I am converting it to fiat then used it to survive my everyday living. Money is very essential that is why I find it hard to put my money in gambling. Sometimes I am holding it if I have extra money then wait for BTC to rise so I have another earnings made or sometimes I allocate it as my emergency funds.

[South Park]

It is very common and depending on your needs this can be more efficient but as you say this can lead people to get carried away with the amount of money and time they use to gamble and this can be bad, which is why I prefer to have my payments sent to a wallet I control and then decide how much of that money I want to use to gamble, while it takes more on fees it gives me greater control over my finances and that is always a good thing.

Depends on self control because i had already tested out on getting my pay in a gambling site and i can still manage  to withdraw those amounts without needing to spend those pennies.

If you do find yourself to be that impulsive because you have seen that you do have some balance on a gambling site and tend to use it for you to play then you do have at least that

light addiction towards it which it shouldnt really be tolerated because as far as you go then you cant really save up a penny because you would be actively spending it.

To me more than anything this is about control, I like to gamble but I prefer to receive my payment on my own wallet so I can decide how much money I get sent to my address on the casino, after all we know that if you are not the only person holding your private keys then you have no coins and to me that is extremely important because as we know the price of bitcoin has gone up during the last year, and I do not see an end to this tendency anytime soon and I want to keep holding most of my bitcoin in a wallet I control.

[Lanatsa]

It is very common and depending on your needs this can be more efficient but as you say this can lead people to get carried away with the amount of money and time they use to gamble and this can be bad, which is why I prefer to have my payments sent to a wallet I control and then decide how much of that money I want to use to gamble, while it takes more on fees it gives me greater control over my finances and that is always a good thing.

Depends on self control because i had already tested out on getting my pay in a gambling site and i can still manage  to withdraw those amounts without needing to spend those pennies.

If you do find yourself to be that impulsive because you have seen that you do have some balance on a gambling site and tend to use it for you to play then you do have at least that

light addiction towards it which it shouldnt really be tolerated because as far as you go then you cant really save up a penny because you would be actively spending it.

To me more than anything this is about control, I like to gamble but I prefer to receive my payment on my own wallet so I can decide how much money I get sent to my address on the casino, after all we know that if you are not the only person holding your private keys then you have no coins and to me that is extremely important because as we know the price of bitcoin has gone up during the last year, and I do not see an end to this tendency anytime soon and I want to keep holding most of my bitcoin in a wallet I control.

We do have the free will to choose and when joining up some campaign.You can initially know that if payment will be sent out on platform account which means you would need to pull it off from there.

You can easily skip out that kind of campaign but if you do find out that you wont really be having any problems with gambling or trying to be that impulsive then I don't really see to be an issue.

It doesn't matter whether you get those payment on a casino or directly into your wallet because once you are a gambling addict, you can find ways to make out deposits.

[JoMarrah Iarim Dan]

I see a lot of signature wearers discussing gambling quite frequently in this section of the board. I’m curious, what do you do with your signature campaign earnings? Do you support your advertiser and gamble it on their platform, save it, or spend it? I assume most people probably gamble it, and that’s why signature campaigns are able to be so generous, but maybe some users are taking advantage of the funds to help support themselves or even give back to charities or organizations they enjoy. If you have a good use for your earned signature campaign earnings, share it here, or even if you have a not so good use.

I once support the gambling that I advertise but I am not good at gambling. I often lose than win. I realized I can't enjoy it. With that, I decided to just invest my earnings not only from bounty gambling's but also in other campaigns that I am participating. My focus now is more on investing in bitcoin. The quick pumped this year made me earn from my investment before so I was really inspired and happy. Due to that I am thinking that it may happen again so as early as now I have to keep saving bitcoin as well other promising coins.

[Obito]

I have only started doing signature campaigns so I don't know exactly what to do with my payouts but since it is currently not a lot, I would probably just hodl it and wait for the prices to go up and make some more profit out of it. I do gamble sometimes but I don't spend that much and when the gambling funds for that day is depleted, I stop gambling.

[paxmao]

For what I can see most of the people that are in signature campaigns that pay in bitcoin are the ones that have the best post quality

Bullshit. You are in the section for gambling and here write just those who get a payment in bitcoin. However, the section is swamped with the same type of discussion, and especially a lot can be found when users simply repeat one answer after another. There’s a lot of signature spammers as altcoin section.
Elementary example: I see an incredible number of discussions about what now (or once) high transaction fee.

^ I did not hear that dinabot, is that reliable to use and how it will work. They have an ANNthread here?

*** CryptoGamblersPub *** Exchange between/inside crypto gambling sites

Plenty of answers are repeated and spam is certainly a thing, but I have noticed a big difference between the campaigns that took place in 2017 and particularly those in 2018, in which crappy posts were so incentivised that there were sections in the forum that had lost any utility for anyone. My current experience is that the campaigns that pay in bitcoin can choose who participates and that is often based on posting quality and merit. They do want posts that the people want to read.

[Lucasgabd]

Plenty of answers are repeated and spam is certainly a thing, but I have noticed a big difference between the campaigns that took place in 2017 and particularly those in 2018, in which crappy posts were so incentivised that there were sections in the forum that had lost any utility for anyone. My current experience is that the campaigns that pay in bitcoin can choose who participates and that is often based on posting quality and merit. They do want posts that the people want to read.

This is true
low quality posts will always exist when people are incentivized to make a min number of posts with min characters and obligated to post on a determinate session of the forum, but campaigns seems way better now than in the past, the merit system definitely helped.

personally, I like the idea of having less rules on the obligation for number of posts and sessions but I also understand the other side, gambling companies will prefer to have users to post on the gambling parts of the forum to raise awareness on their product.

[Sled]

Plenty of answers are repeated and spam is certainly a thing, but I have noticed a big difference between the campaigns that took place in 2017 and particularly those in 2018, in which crappy posts were so incentivised that there were sections in the forum that had lost any utility for anyone. My current experience is that the campaigns that pay in bitcoin can choose who participates and that is often based on posting quality and merit. They do want posts that the people want to read.

This is true
low quality posts will always exist when people are incentivized to make a min number of posts with min characters and obligated to post on a determinate session of the forum, but campaigns seems way better now than in the past, the merit system definitely helped.

personally, I like the idea of having less rules on the obligation for number of posts and sessions but I also understand the other side, gambling companies will prefer to have users to post on the gambling parts of the forum to raise awareness on their product.

That's true, that is why there is a minimum, some give 15 a week, that's already very low and there's no reason one cannot fulfill that requirement if he values his spot in a campaign. This kind of job has low requirements, we just post, share our opinion and we are getting paid, this is a kind of privilege that we should enjoy and value since it's a way of getting free bitcoin which is very valuable now and in the future.

[Vaskiy]

Plenty of answers are repeated and spam is certainly a thing, but I have noticed a big difference between the campaigns that took place in 2017 and particularly those in 2018, in which crappy posts were so incentivised that there were sections in the forum that had lost any utility for anyone. My current experience is that the campaigns that pay in bitcoin can choose who participates and that is often based on posting quality and merit. They do want posts that the people want to read.

This is true
low quality posts will always exist when people are incentivized to make a min number of posts with min characters and obligated to post on a determinate session of the forum, but campaigns seems way better now than in the past, the merit system definitely helped.

personally, I like the idea of having less rules on the obligation for number of posts and sessions but I also understand the other side, gambling companies will prefer to have users to post on the gambling parts of the forum to raise awareness on their product.

That's true, that is why there is a minimum, some give 15 a week, that's already very low and there's no reason one cannot fulfill that requirement if he values his spot in a campaign. This kind of job has low requirements, we just post, share our opinion and we are getting paid, this is a kind of privilege that we should enjoy and value since it's a way of getting free bitcoin which is very valuable now and in the future.

The previlage needs to be enjoyed, by the time the same thing won't happen every week with the payment. Myself itself an example, I haven't cashed out or saved a single penny out of the campaign for more than ten weeks. Most of the time on the day of payment itself it gets emptied. This means, I try to play for a while and withdraw. But, I wasn't able to stop and loss everything.

[Lucasgabd]

Plenty of answers are repeated and spam is certainly a thing, but I have noticed a big difference between the campaigns that took place in 2017 and particularly those in 2018, in which crappy posts were so incentivised that there were sections in the forum that had lost any utility for anyone. My current experience is that the campaigns that pay in bitcoin can choose who participates and that is often based on posting quality and merit. They do want posts that the people want to read.

This is true
low quality posts will always exist when people are incentivized to make a min number of posts with min characters and obligated to post on a determinate session of the forum, but campaigns seems way better now than in the past, the merit system definitely helped.

personally, I like the idea of having less rules on the obligation for number of posts and sessions but I also understand the other side, gambling companies will prefer to have users to post on the gambling parts of the forum to raise awareness on their product.

That's true, that is why there is a minimum, some give 15 a week, that's already very low and there's no reason one cannot fulfill that requirement if he values his spot in a campaign. This kind of job has low requirements, we just post, share our opinion and we are getting paid, this is a kind of privilege that we should enjoy and value since it's a way of getting free bitcoin which is very valuable now and in the future.

The previlage needs to be enjoyed, by the time the same thing won't happen every week with the payment. Myself itself an example, I haven't cashed out or saved a single penny out of the campaign for more than ten weeks. Most of the time on the day of payment itself it gets emptied. This means, I try to play for a while and withdraw. But, I wasn't able to stop and loss everything.

interesting, this just makes me realize another thing.
Future focus x present Focus
Derek sivers talks about it on his blog.
https://sive.rs/time

really worth a read.

maybe people that are more present-focused would have higher chances to develop gambling addiction and/or loose it all

[Quidat]

Plenty of answers are repeated and spam is certainly a thing, but I have noticed a big difference between the campaigns that took place in 2017 and particularly those in 2018, in which crappy posts were so incentivised that there were sections in the forum that had lost any utility for anyone. My current experience is that the campaigns that pay in bitcoin can choose who participates and that is often based on posting quality and merit. They do want posts that the people want to read.

This is true
low quality posts will always exist when people are incentivized to make a min number of posts with min characters and obligated to post on a determinate session of the forum, but campaigns seems way better now than in the past, the merit system definitely helped.

personally, I like the idea of having less rules on the obligation for number of posts and sessions but I also understand the other side, gambling companies will prefer to have users to post on the gambling parts of the forum to raise awareness on their product.

That's true, that is why there is a minimum, some give 15 a week, that's already very low and there's no reason one cannot fulfill that requirement if he values his spot in a campaign. This kind of job has low requirements, we just post, share our opinion and we are getting paid, this is a kind of privilege that we should enjoy and value since it's a way of getting free bitcoin which is very valuable now and in the future.

The previlage needs to be enjoyed, by the time the same thing won't happen every week with the payment. Myself itself an example, I haven't cashed out or saved a single penny out of the campaign for more than ten weeks. Most of the time on the day of payment itself it gets emptied. This means, I try to play for a while and withdraw. But, I wasn't able to stop and loss everything.

interesting, this just makes me realize another thing.
Future focus x present Focus
Derek sivers talks about it on his blog.
https://sive.rs/time

really worth a read.

maybe people that are more present-focused would have higher chances to develop gambling addiction and/or loose it all

Most of us wont mind about the future but rather on the present time that we are currently doing doesnt really go ahead on what would the future would become.
We do have in mind that we can always arranged things up in order so that we wont really be experiencing any problems but the truth that the thing you had done
in the past will really be molding up something on you in the future.If you do deal with gambling on a very active manner then expect on what would happen next in future months or years to come.
You do earn those coins and its up to you on how you would gonna use it though.

[iTradeChips]

What I always do with my earning is that I always tend to use it in my Crypto selling business to earn more profit. I do signature campaign as sort of my sideline job and my main job is doing trading and selling cryptocurrencies. My current signature campaign has been giving me this great opportunity to earn and I thank then for that. So there you go. If you earn on bounty campaigns, use it to earn more money and more fiat. But of course that is just one amateur advise, you can seek others of course.