GreatArkansas (OP)
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January 18, 2021, 04:27:57 AM |
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I just want to ask what are your thoughts on having a large capital in gambling? Does the capital matter in gambling? Is there any advantage if you have a large capital?
Since for me, it is always the same even large or less capital. Having large capital will only help you to stay longer on the table unless your bet size is huge too.
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Lorence.xD
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January 18, 2021, 05:15:11 AM |
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You said it best, having a large capital makes you last longer on the table. It also depends though, if you are playing poker, you might want to go for a large capital because some rounds you might need a considerable sum of money, you might not want to fold because of pressure because your bet is dwarfed by the amount of chips the other players are left with. If slots, I do not think a capital will be necessary because you can get lucky at some spins and one spin does not cost that much.
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numanoid
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January 18, 2021, 05:29:02 AM |
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Having large capital is an important thing on gambling. You can survived even you had long streak losses in any of game you playing. You can start with bigger bet too with that large capital, while you can't do it with small capital.
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ryzaadit
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January 18, 2021, 05:42:31 AM |
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From my perspective & experience.
When you have a large capital, you will try to raise the bet higher than low capital because when you gambling and win something from the bets with a small bet you will be thingking. The win compared with my balance was really small and because of that you will try to adjustable the best comparing with your balance, I also got this experience with 500$ balance and bet 1$ was really small for me comparing my bankroll then decide to raise up a little bit my bet to 5$-10$.
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akirasendo17
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January 18, 2021, 05:43:52 AM |
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for me it has both advantage and disadvantage, having large capital give you an advantage to bet on multiple times, its also give you confident, having that said also have disadvantages, you might not see it, but you tend to bet a lot, and might see at first that your bets more since your thinking is capital is not an issue, my final thoughts about it is that no matter if you have large or small capital, studying the game will give you an advantage especially with large capital more wins means lots of returns.
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crwth
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January 18, 2021, 05:49:34 AM |
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My thoughts on a more considerable capital on gambling mean that gambler is wealthy AF. Lol. Kidding aside, having more capital means more room to be on and has a massive pillow before blowing up and losing everything. It depends on how the person will react because if you have an analytical approach towards gambling.
E.g., 2% of total capital per bet. Then, it wouldn't matter because it will always be 2% of your capital. E.g., $200 per bet. It's going to be a fixed bet whether you have a $1000 capital or $100000 capital. It would matter. You would stay longer on it.
If you have a larger capital, you will have an immense advantage. You will stay longer, and the opportunity to win will increase, depending on the odds, of course and the risk management. Overall, bigger capital wins, for sure.
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robelneo
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January 18, 2021, 06:04:10 AM |
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I just want to ask what are your thoughts on having a large capital in gambling? Does the capital matter in gambling? Is there any advantage if you have a large capital?
Since for me, it is always the same even large or less capital. Having large capital will only help you to stay longer on the table unless your bet size is huge too.
Large capital and the right mindset is the key to winning a good percentage and staying longer on a gambling site, if you can moderate your greed not to pour too much on one bet, you can take the case in the game of dice using martingale if you have a large capital and you are ok with betting small in order to keep up with doubling until that winning roll, your winning maybe not that big but if you can keep up with 15 to 20 bets you have a chance to win and stay longer, but it takes discipline and fighting boredom is a big factor.
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Maus0728
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January 18, 2021, 06:29:25 AM |
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If you have a larger capital, you will have an immense advantage. You will stay longer, and the opportunity to win will increase, depending on the odds, of course and the risk management. Overall, bigger capital wins, for sure.
Unless otherwise you don't have enough knowledge with regards to proper risk management. I've seen a lot of people dumping most of his money without realizing and strategizing the amount of money he could risk per bet. And I think that's the reason why people having large capital doesn't guarantee they can last longer compared to an average gambler. Remember that gambling is a means of risking an X amount of money on an event that solely relies on chances.
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crwth
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January 18, 2021, 06:57:11 AM |
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Unless otherwise you don't have enough knowledge with regards to proper risk management. That's the problem. It's the education on how people are going to be successful in gambling. I believe that first of all, you could never assure the success with profits in investments, especially in gambling. Even if you have great risk management, if you are emotional, you could get too much into it and can make mistakes. I've seen a lot of people dumping most of his money without realizing and strategizing the amount of money he could risk per bet. And I think that's the reason why people having large capital doesn't guarantee they can last longer compared to an average gambler. Remember that gambling is a means of risking an X amount of money on an event that solely relies on chances.
I hope everyone could get that analytical approach towards their money and make it a percentage type and not rely on luck too much. I mean, hey, it's their money.
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traderethereum
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January 18, 2021, 07:03:41 AM |
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I just want to ask what are your thoughts on having a large capital in gambling? Does the capital matter in gambling? Is there any advantage if you have a large capital?
Since for me, it is always the same even large or less capital. Having large capital will only help you to stay longer on the table unless your bet size is huge too.
Yes, it is good if you have a large capital in gambling, but that will only work if you control yourself. No matter how much your capital, you will not be able to manage your money without having control. I think capital does not matter in gambling, but the advantage is we can place a bet in any amount we want. If you use a big capital in gambling, you will feel that you have money that you can use to gamble for longer, and I do not think that will be good to stay longer in gambling without a control.
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Wexnident
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January 18, 2021, 07:07:28 AM |
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If you were to gamble online, or just regularly without any strategy, then there's no difference between a large or a small capital. However, if you were to coordinate with the casino owner (especially in physical casinos), there's a small chance that they may, just may, remove their house edge for the duration of your play. Though tbh, you'd need to spend an astronomers amount before they would even think of doing so, just so that you can play more. Still, this doesn't honestly mean much, since you'd still rely on luck to win. There were some instances of such examples, like the few people who won against gambling casinos iirc. Looked some samples back then which was why I saw it.
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leea-1334
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January 18, 2021, 08:08:20 AM |
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If you were to gamble online, or just regularly without any strategy, then there's no difference between a large or a small capital. However, if you were to coordinate with the casino owner (especially in physical casinos), there's a small chance that they may, just may, remove their house edge for the duration of your play. Though tbh, you'd need to spend an astronomers amount before they would even think of doing so, just so that you can play more. Still, this doesn't honestly mean much, since you'd still rely on luck to win. There were some instances of such examples, like the few people who won against gambling casinos iirc. Looked some samples back then which was why I saw it.
There is still a big difference. Let us talk for example a simple martingale strategy at 2 to 1 payout. With a capital of $500, you can start at $1 and you can endure a losing streak only of 9 losses. With a capital of $8,000, you can endure a streak of 13 instead. And no casino I know can remove your house edge by asking;) Some do give you bonus for leveling up, that is the only way.
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ongkok87
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January 18, 2021, 09:00:03 AM |
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If you really have a lot of capital, it might be just as useful not to gamble. Then you know for sure that you cannot lose it. if you feel in the good mood or greedy then you might consider to gamble to double it
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Twinkledoe
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January 18, 2021, 09:01:22 AM |
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In my experience, there is only little advantage for me if I have large capital. That is, as already mentioned, staying longer on the table. Because most of the time, I only stop gambling, if I have no more money. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) Because once I go inside or log in in a gambling site, I know the money that I will be spending is really considered spent already.
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swogerino
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January 18, 2021, 09:38:19 AM |
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I just want to ask what are your thoughts on having a large capital in gambling? Does the capital matter in gambling? Is there any advantage if you have a large capital?
Since for me, it is always the same even large or less capital. Having large capital will only help you to stay longer on the table unless your bet size is huge too.
I think it indirectly gives you an advantage over having less capital.You said it right it keeps you longer but you miss the point that if staying longer you have more spins and consequently more chances win.The same can be said for other games like roulette,a larger capital means a bigger number of bets and a bigger opportunity to win.
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maxreish
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January 18, 2021, 10:29:46 AM |
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There's always an advantage of having a huge capital in gambling. Rage bets can be handled and goal profit can also achieved. But since Ive experienced big losses even I have huge bank roll, no matter what strategy I make when I play in long term, the house always win.
It's purely luck based. There are times that I have small bank roll but I manage to win big.
It's also a matter of self control when winning. You can definitely recover when you have enough bank roll but this is still gambling where risks is always associated no matter what approach we will make.
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Mauser
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January 18, 2021, 10:53:27 AM |
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I just want to ask what are your thoughts on having a large capital in gambling? Does the capital matter in gambling? Is there any advantage if you have a large capital?
Since for me, it is always the same even large or less capital. Having large capital will only help you to stay longer on the table unless your bet size is huge too.
Having a large capital basis in gambling makes a lot of sense and will increase your chances of winning long term drastically. A lot of strategies in gambling require a decent bankroll to start with. And the bigger your bankroll the higher you chances to not go bust. Most people like to follow a martingale strategy that tends to increase bet size when losing. The more capital you have, the better to sit out bad variance.
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xandry
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January 18, 2021, 11:49:03 AM |
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When it comes to betting on sports or other events, it is necessary to bear in mind that not all casinos can accept big bets and thus have to distribute the balance over several casinos. This reminds me of a story where a guy won 20 Bitcoins for President of the United States: https://bitedge.com/blog/i-won-19-7-bitcoin-betting-on-the-2020-us-presidential-election/
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robelneo
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January 18, 2021, 11:55:34 AM |
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Most people like to follow a martingale strategy that tends to increase bet size when losing. The more capital you have, the better to sit out bad variance.
If you are patient to do a calculation and follow your calculation up to 20 losing streaks and follow this strategy even if takes a lot of time to make a profit, a martingale is a game where you want to have a large capital to chase your losses, but it's still not a guaranty that you will win 100%.
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Viscore
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January 18, 2021, 12:00:40 PM |
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I just want to ask what are your thoughts on having a large capital in gambling? Does the capital matter in gambling? Is there any advantage if you have a large capital?
Since for me, it is always the same even large or less capital. Having large capital will only help you to stay longer on the table unless your bet size is huge too.
I suggest you determine it first if you are already ready to risk big capital in gambling. The type of game you will play matters a lot, that's the first consideration, if you are into sports betting, then I would say that's a good idea but the idea to use a big capital when you have not yet proven that you can win most of the time is a bad idea. Start with a small capital, evaluate yourself (should be an honest evaluation), then you can go with big capital if you are convince enough of your capability.
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