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Author Topic: Questions of the day for gamblers  (Read 805 times)
goldkingcoiner
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May 09, 2023, 01:12:30 PM
 #81

If a online casino claims to be a decentralized platform does this mean that their games are fully decentralized too?

Decentralization does not exist for online casinos just yet. There is always a centralized component which centralizes the whole casino, effectively. Any casino claiming to be decentralized is just using that word for marketing purposes. In a decentralized casino, you would have control over your money at all time and no centralized entity could interfere with your winnings/funds. Casinos are too regulated and too complex for them to be run by smart contract protocols. There must always be a middleman who is in control.

The same goes for the games of the casino.

In the end, its all just false advertising.

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May 09, 2023, 01:53:31 PM
 #82

If I'm not wrong, directbet.eu to be the last decentralised gambling platform available for sports and casino games. Later few sites claimed to be decentralised, but they aren't perfect. These days people have got adopted to the centralized gambling sites and are using the reputed ones.

Centralized gambling sites have been trying to give the best to the players, because the competence have increased and the emergence of new casinos keeps increasing. Most convenient game of all time is dice.
Just recently, I think it was last month or so, I saw a project or a platform announcing its services for the community. It was a decentralized gambling platform where you can connect your wallet and place bets directly with the balance in your wallet without registering an account and making a deposit before gambling.

I don't remember the name, but the point is, there are still a few decentralized platforms out there even today, but aren't so popular. So when it comes to competition, centralized platforms are always dominating the market.

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May 09, 2023, 02:42:09 PM
 #83

-snip-
Just recently, I think it was last month or so, I saw a project or a platform announcing its services for the community. It was a decentralized gambling platform where you can connect your wallet and place bets directly with the balance in your wallet without registering an account and making a deposit before gambling.

I don't remember the name, but the point is, there are still a few decentralized platforms out there even today, but aren't so popular. So when it comes to competition, centralized platforms are always dominating the market.
What do you mean one of the web -based casinos?
Maybe for now web3 casino3 can be quite decentralized but we do not know in the future what kind of and can they remain decentralized to gamblers because from time to time there will be more disturbances from third parties or other parties that make decentralization into the gambling industry disappear by itself.

I believe that web3 casinos can be decentralized but I'm not sure they can maintain decentralized for the long run in the future.

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May 09, 2023, 08:35:18 PM
 #84

If slots games is all you are good at, are you really good at it or you are just lucky? Can you use the word 'good at it' with slots game?
There are some games that you naturally can be good with. The game is just your thing, because it works smoothly for you maybe not all the time, but most of the time more often than you have lost, and can perhaps be the game that you have experienced the biggest win you have recorded in gambling.

 Slot games are not skill based, so there is no need saying that you are good at it. You can rather say that the game is good with you.
Slots are probably more luck-based games but there might be some games too that are luck and skill based. However, if you just focused on slots, I don’t think it will make you profitable at all times no matter how you consider yourself lucky. Because luck can never be certain, you will never know when luck hits you and if in case it hits you, it can only be there temporarily and won’t even guarantee winnings all the time. So you can never tell that you’re good at it, you’re just lucky but it does not mean that you will have the same luck every time you play with slots. And for your information, slots players are more on losing experiences than seeing them mostly at win.

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May 09, 2023, 08:47:36 PM
 #85

...

I agree, slots is a chance-based game, meaning the result is random and is affected by an unknown element that we often times called luck.  In this case there is no skilled gambler only lucky or unlucky one.

Skilled or not we all depend on luck... I guess skilled gamblers know that there is no safe bet/spin/roll/hand/you name it. Being skilled in the game will raise our chances of winning, but in the end, we all have lucky and unlucky days. When it doesn't work, it doesn't work, we can be the smartest in the world and that won't help if the cards we are getting are simply bad (poker reference).

And when it comes to slots outcomes are determined using a Random Number Generator (RNG), but we can't verify bets and fairness... So everything comes down to: Can we trust 3rd party Slot providers??
That's what all gamblers should realize, whether novice or veteran. We may know that we really need luck but that is not in line with the reality where we still play gambling even though we have experienced successive losses.

Skilled gamblers are probably those who play card games requiring skill to win. But still, it requires luck to be able to win. There must be gamblers who came close to winning at gambling but unfortunately, their luck didn't come at the time so they lost.

And don't expect too much to make a lot of money from gambling because gambling is not designed to give us a lot of money. We have to limit everything in gambling so we don't suffer losses.
When it comes to gambling then it does really play a great role or factor if we do speak about luck or something that is  the main thing on which we are depending on, neither we do get involved with luck based which
its understandable or either we are involving on sports betting or card games which analysis and skills is needed but luck would really be still having a role when it comes to this. We know that upsets and bad card or hands would really be that possible.If you arent that lucky on that point then you would eventually lose. This is why its really that bad on having that kind of conclusive approach towards gambling
about winning rate because its never been assured in the first place.

Fairness is something that always been that in question and this is why it would really be that common sense that you would really be sticking into something which is known and popular
rather than making yourself getting involved into those new ones but well its not that bad on having those testings.

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May 09, 2023, 08:48:27 PM
 #86


Just recently, I think it was last month or so, I saw a project or a platform announcing its services for the community. It was a decentralized gambling platform where you can connect your wallet and place bets directly with the balance in your wallet without registering an account and making a deposit before gambling.

I don't remember the name, but the point is, there are still a few decentralized platforms out there even today, but aren't so popular. So when it comes to competition, centralized platforms are always dominating the market.

You don't have to give a specific name to a decentralized casino but they do exist and the majority of these casinos are created using a smart contract, and they use token-based contracts on Ethereum, Binance, and Tron chain so you can connect your platform they are popular on altcoins supporters but not Bitcoin supporters.
But with the increasing fees of Bitcoin like what we've experienced today, they may find a place in Bitcoin-dominated casinos.

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May 09, 2023, 09:03:13 PM
 #87

If I'm not wrong, directbet.eu to be the last decentralised gambling platform available for sports and casino games. Later few sites claimed to be decentralised, but they aren't perfect. These days people have got adopted to the centralized gambling sites and are using the reputed ones.

Centralized gambling sites have been trying to give the best to the players, because the competence have increased and the emergence of new casinos keeps increasing. Most convenient game of all time is dice.
Just recently, I think it was last month or so, I saw a project or a platform announcing its services for the community. It was a decentralized gambling platform where you can connect your wallet and place bets directly with the balance in your wallet without registering an account and making a deposit before gambling.

I don't remember the name, but the point is, there are still a few decentralized platforms out there even today, but aren't so popular. So when it comes to competition, centralized platforms are always dominating the market.
Well, personally, I think the reason why centralized platformals still dominate the market is because it still have a strong hold on users, crypto is still gaining adoption, and as such, many users are still newbies who can not deal with the complexity of decentralization, centralized system is very simple and easy, since all one does is to either deposit or request withdrawal, holding the assets and making sure it's save from hackers is left to the centralized system to take care of - this is why many are still glued to it, coupled with the fact that we all are coming out from a centralized system as well, leaving old tradition isn't as easy.

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May 10, 2023, 01:23:13 AM
 #88

If I'm not wrong, directbet.eu to be the last decentralised gambling platform available for sports and casino games. Later few sites claimed to be decentralised, but they aren't perfect. These days people have got adopted to the centralized gambling sites and are using the reputed ones.

Centralized gambling sites have been trying to give the best to the players, because the competence have increased and the emergence of new casinos keeps increasing. Most convenient game of all time is dice.
Just recently, I think it was last month or so, I saw a project or a platform announcing its services for the community. It was a decentralized gambling platform where you can connect your wallet and place bets directly with the balance in your wallet without registering an account and making a deposit before gambling.

I don't remember the name, but the point is, there are still a few decentralized platforms out there even today, but aren't so popular. So when it comes to competition, centralized platforms are always dominating the market.
Well, personally, I think the reason why centralized platformals still dominate the market is because it still have a strong hold on users, crypto is still gaining adoption, and as such, many users are still newbies who can not deal with the complexity of decentralization, centralized system is very simple and easy, since all one does is to either deposit or request withdrawal, holding the assets and making sure it's save from hackers is left to the centralized system to take care of - this is why many are still glued to it, coupled with the fact that we all are coming out from a centralized system as well, leaving old tradition isn't as easy.
Or to put it in other words, those people are not interested on being the ones to safeguard their coins and they are willing to delegate such an important responsibility to someone else, and despite how many times we warn them about this practice and how many examples we see of exchanges collapsing and stealing the coins of their customers, those people still prefer to delegate that responsibility, and it is also showing how difficult it will be to change the habits of those which have been using the fiat system during their whole lives.
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May 10, 2023, 02:41:37 AM
 #89

...

I agree, slots is a chance-based game, meaning the result is random and is affected by an unknown element that we often times called luck.  In this case there is no skilled gambler only lucky or unlucky one.

Skilled or not we all depend on luck... I guess skilled gamblers know that there is no safe bet/spin/roll/hand/you name it. Being skilled in the game will raise our chances of winning, but in the end, we all have lucky and unlucky days. When it doesn't work, it doesn't work, we can be the smartest in the world and that won't help if the cards we are getting are simply bad (poker reference).

And when it comes to slots outcomes are determined using a Random Number Generator (RNG), but we can't verify bets and fairness... So everything comes down to: Can we trust 3rd party Slot providers??
That's what all gamblers should realize, whether novice or veteran. We may know that we really need luck but that is not in line with the reality where we still play gambling even though we have experienced successive losses.

Skilled gamblers are probably those who play card games requiring skill to win. But still, it requires luck to be able to win. There must be gamblers who came close to winning at gambling but unfortunately, their luck didn't come at the time so they lost.

And don't expect too much to make a lot of money from gambling because gambling is not designed to give us a lot of money. We have to limit everything in gambling so we don't suffer losses.
When it comes to gambling then it does really play a great role or factor if we do speak about luck or something that is  the main thing on which we are depending on, neither we do get involved with luck based which
its understandable or either we are involving on sports betting or card games which analysis and skills is needed but luck would really be still having a role when it comes to this. We know that upsets and bad card or hands would really be that possible.If you arent that lucky on that point then you would eventually lose. This is why its really that bad on having that kind of conclusive approach towards gambling
about winning rate because its never been assured in the first place.

Fairness is something that always been that in question and this is why it would really be that common sense that you would really be sticking into something which is known and popular
rather than making yourself getting involved into those new ones but well its not that bad on having those testings.
By sticking to popular and trusted casinos, we can be calm in playing gambling and will not worry if the casino turns out to be rigging the game for the casino's victory. We can win from the casino even though some gamblers already win a lot. But we can't really expect to get that win because it will depend on how good our luck is at that time so we can only enjoy the game with a limited amount of money.

One day we can win from casinos, even win big money. So until the time comes, we can only live with it and stay within the boundaries we have made.

And even though we have good skills, but if we don't have luck, we might find it difficult to win. That's why it's better to play in moderation and not take too big a risk by using more money. And we must be wise in playing gambling to avoid problems that can arise in gambling, namely gambling addiction.

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SPIN

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May 10, 2023, 02:42:52 AM
 #90

I don't think that if a casino is decentralized, the games they contain are also considered decentralized as well. I guess it's just the platform itself. Although I'm not quite sure, this is just based on my understanding and corrections are welcome. Regarding the casino managing or regulates their own slot machines, it's a no-no for me because it is much better if this odds will be handled by other parties to ensure that the odds are fair and not rigged. Even if other parties are involved in regulating the slot the casinos will not really be at the disadvantage because they still get to decide the rtp. But of course, they are not to decide the whole algorithm because if ever, it's possible to tweak it to the losing side of the players everytime which is unfair to the gamblers.

If you are playing slots which is a luck based game and a no-brainerand you always win, I think it's fair to say that you are lucky and it's your cup of tea because of the charm you have. Though it really depends whether you want to be humble or proud.
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May 10, 2023, 03:09:37 AM
 #91



If slots games is all you are good at, are you really good at it or you are just lucky? Can you use the word 'good at it' with slots game?
Those who are in the early stage of playing in casinos will consider they are good if they are having beginner's luck and this is one of the traps that gamblers should be avoiding thinking that they are good at luck-based games when they are just having luck as a beginner, they will find themselves chasing their losses on their next sessions because its impossible to keep up winning.

Quote
What is the most convenient games you play on gambling platforms?
I'm always tempted to play dice games it's so easy to play and you're always motivated that you can beat the house because of their simplicity, another one is the mine game, it's exciting to play, and one of the games that you'll never get enough playing, you'll always come back to play.

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May 10, 2023, 05:15:36 AM
 #92

...

I agree, slots is a chance-based game, meaning the result is random and is affected by an unknown element that we often times called luck.  In this case there is no skilled gambler only lucky or unlucky one.

Skilled or not we all depend on luck... I guess skilled gamblers know that there is no safe bet/spin/roll/hand/you name it. Being skilled in the game will raise our chances of winning, but in the end, we all have lucky and unlucky days. When it doesn't work, it doesn't work, we can be the smartest in the world and that won't help if the cards we are getting are simply bad (poker reference).

And when it comes to slots outcomes are determined using a Random Number Generator (RNG), but we can't verify bets and fairness... So everything comes down to: Can we trust 3rd party Slot providers??
That's what all gamblers should realize, whether novice or veteran. We may know that we really need luck but that is not in line with the reality where we still play gambling even though we have experienced successive losses.

Skilled gamblers are probably those who play card games requiring skill to win. But still, it requires luck to be able to win. There must be gamblers who came close to winning at gambling but unfortunately, their luck didn't come at the time so they lost.

And don't expect too much to make a lot of money from gambling because gambling is not designed to give us a lot of money. We have to limit everything in gambling so we don't suffer losses.
When it comes to gambling then it does really play a great role or factor if we do speak about luck or something that is  the main thing on which we are depending on, neither we do get involved with luck based which
its understandable or either we are involving on sports betting or card games which analysis and skills is needed but luck would really be still having a role when it comes to this. We know that upsets and bad card or hands would really be that possible.If you arent that lucky on that point then you would eventually lose. This is why its really that bad on having that kind of conclusive approach towards gambling
about winning rate because its never been assured in the first place.

Fairness is something that always been that in question and this is why it would really be that common sense that you would really be sticking into something which is known and popular
rather than making yourself getting involved into those new ones but well its not that bad on having those testings.
Luck really played a role on every gambling even if it means those games are more on analysis just like what most veteran gamblers such as yourself would say, but in every game, you shouldn't forget that there is still a chance you will lose and there are factors involved on that. The thing is that most gamblers mull over their loss carrying it unto the next round which make their decision making clouded in terms of analysis, that is why most gamblers find something or someone to blame. They forget that initially it was made for entertainment while earning a little bit if given a chance.

It's true that it isn't bad to try out new games if you wanted as long as you know your limitations, but blaming it knowing it is your own choice that you tried that is not something you should do.

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May 10, 2023, 07:11:33 AM
 #93

If a online casino claims to be a decentralized platform does this mean that their games are fully decentralized too?

Do you guys know that some casinos regulates their own slots machines themselves, can you gamble with ease of mind on such casinos?
first is we don't truly knew which is which unless they will admit it  but but ahving ease of mind while playing? no I don't.
Quote
If slots games is all you are good at, are you really good at it or you are just lucky? Can you use the word 'good at it' with slots game?
Good at? slot machine ? is there truly one of us can prove that he is good in this kind of game without relying in Luck?
Quote
What is the most convenient games you play on gambling platforms?
convenient for me is roulette and of course Black Jack.
Quote
Is using leverage about luck or skills? Or even a rigged game?
small skills and more luck.









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May 10, 2023, 10:47:53 AM
 #94

I don't think that if a casino is decentralized, the games they contain are also considered decentralized as well. I guess it's just the platform itself. Although I'm not quite sure, this is just based on my understanding and corrections are welcome. Regarding the casino managing or regulates their own slot machines, it's a no-no for me because it is much better if this odds will be handled by other parties to ensure that the odds are fair and not rigged. Even if other parties are involved in regulating the slot the casinos will not really be at the disadvantage because they still get to decide the rtp. But of course, they are not to decide the whole algorithm because if ever, it's possible to tweak it to the losing side of the players everytime which is unfair to the gamblers.

If you are playing slots which is a luck based game and a no-brainerand you always win, I think it's fair to say that you are lucky and it's your cup of tea because of the charm you have. Though it really depends whether you want to be humble or proud.
You are correct. It's just the platform that is decentralized and not the entirety of it which includes their games such as slots, dice, or other types of casino games. Most of the games a third-party decentralized gambling site offer is not from them, they are also paying for the rights or there's a contract on how much time they can use it. 1 year or 2 years and it must be renewed.
The big question here is if they are interfering with the default system provided by the slot game that they rented and I think that's what the OP is trying to understand. I have no idea about this but I doubt they should because once someone did notice they are doing some evil work, I am sure they will be penalized for it.

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May 10, 2023, 10:56:20 AM
 #95

As you can see everytime you gamble those games are came from different service provider so some them use a third party platform and some of the games have they really own games which serve as their uniqueness other than the casino.
In playing of course choose a casino that gives a really good amount of bonus perks and etc. That could player stay on their platform. Base on my.expeirence I don't have enough luck in slot just keep playing with the strategy game and table top such as blackjack and sports betting.

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May 10, 2023, 11:15:17 AM
 #96

As you can see everytime you gamble those games are came from different service provider so some them use a third party platform and some of the games have they really own games which serve as their uniqueness other than the casino.
In playing of course choose a casino that gives a really good amount of bonus perks and etc. That could player stay on their platform. Base on my.expeirence I don't have enough luck in slot just keep playing with the strategy game and table top such as blackjack and sports betting.
Not many people get lucky at slot machines after all only less than 1% can win it and get lucky, playing sports betting is much more convincing than casinos especially playing games that use third parties in the casino itself, I'm also a gambler who doesn't have enough luck in playing slots, because of that I prefer to play the Limbo game.

I think playing in a casino that uses a third party is also a good idea so that there are lots of games so you don't feel bored when playing in a casino, after all, a few games don't make people have many choices to play in the casino, as a recommendation it's better to play in sports betting has a lot victory over playing casino games.

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May 10, 2023, 01:10:39 PM
 #97

As you can see everytime you gamble those games are came from different service provider so some them use a third party platform and some of the games have they really own games which serve as their uniqueness other than the casino.
In playing of course choose a casino that gives a really good amount of bonus perks and etc. That could player stay on their platform. Base on my.expeirence I don't have enough luck in slot just keep playing with the strategy game and table top such as blackjack and sports betting.
Moreover, they should choose their casino well and only choose trusted and popular casinos to avoid any problems in using those promotions. The casino gives us a list of slot games, sports betting, or other gambling games, and we select them based on what we like and want to play. And if we are not lucky to play one slot game, we can try other slot games or even we can try betting on sports betting or card games. Maybe we can win in other gambling games and recover our previous losses, but we must also remember that recovering losses is not easy.

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May 10, 2023, 01:52:30 PM
 #98

If a online casino claims to be a decentralized platform does this mean that their games are fully decentralized too?
The fact that casinos are not some kind of bank, if they offer decentralization, it must be in their type of games instead of just the method of managing players' money.

Do you guys know that some casinos regulates their own slots machines themselves, can you gamble with ease of mind on such casinos?
Nope if I know the signs.

If slots games is all you are good at, are you really good at it or you are just lucky? Can you use the word 'good at it' with slots game?
Can not argue, for sure those with this claim still depend on luck. Maybe in a development context, someone might actually be good at building slot game machines.

What is the most convenient games you play on gambling platforms?
I like almost all kinds of instant win games

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May 10, 2023, 03:12:11 PM
 #99

What is the most convenient games you play on gambling platforms?

when I want to try gambling casually I always do it with blackjack but if I want to do the bot for wagering I always mix with dice and limbo


Is using leverage about luck or skills? Or even a rigged game?

maybe skills? because whenever I play blackjack I always play it like a book

Or even a rigged game?

rigged game? if I found any rigged game on the website that I always play then I just go to this forum and report it then never visit the website again

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May 10, 2023, 05:53:09 PM
 #100

If a online casino claims to be a decentralized platform does this mean that their games are fully decentralized too?
I think decentralized casino platforms apply only to agents, operators and their gambling partners, not to games, because someone has to take care of and control the game, so in my opinion decentralized nature is more directed to control and management, as far as I know.

Quote
Do you guys know that some casinos regulates their own slots machines themselves, can you gamble with ease of mind on such casinos?
If we know, of course it's not comfortable, but the players even though they know it, but never know, whether it's comfortable or not depends on us when betting.

Quote
If slots games is all you are good at, are you really good at it or you are just lucky? Can you use the word 'good at it' with slots game?
I think slots are more about luck.
intelligence, strategy, skills in my opinion do not apply there.

Quote
What is the most convenient games you play on gambling platforms?
A lot, depending on taste, I personally apart from sports betting, what I am comfortable betting on are: Roulette, there are also slots depending on the situation.

Quote
Is using leverage about luck or skills? Or even a rigged game?
Technique in gambling is important, therapy is used in certain games, cheating is not.

R


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