Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game

[fingnome]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

[1714884562]

1714884562

[1714884562]

1714884562

[Nwada001]

Brokers are playing those who are using brokers, those who are trading with any form of broker, and using it on their daily trade. They are being exploited through commission fees, trading fees, liquidation, and every other means necessary that the customer will enrich the broker owners.
 
The same is also applicable to casinos. Gamblers are the ones who the casinos are playing in the money game; they are built to favour them, the owners, and the gamblers are just trying their luck, adding together some skills and any possible strategies, which means they know they can use in winning their games. But at the end, it's not a win-win situation; the casino's are always there to milk many while allowing a few to win as ell.
 
Both brokers and casinos are businesses owned by private investors who are out there to make a profit, so they will have to make it.

[Coin_trader]

What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Remember that broker or simply exchange is just charging minimal commission rate for all the trades while they are paying for there personnel and servers to run the orderbook for their customers. Casino on the other hand get fixed profit on house edge plus the losing money of each player which is too high percentage of profit compared to broker.

I’m not sure what you are trying to justify here and what do you want to do with broker way of earning commission. It’s odd too that you compared broker to gambling while they have different market. It’s not their fault that they offer services that is risk free for them. In fact, Only casino and other form of gambling is literal fighting with players using their bankroll.

[Wiwo]

What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Remember that broker or simply exchange is just charging minimal commission rate for all the trades while they are paying for there personnel and servers to run the orderbook for their customers. Casino on the other hand get fixed profit on house edge plus the losing money of each player which is too high percentage of profit compared to broker.

I’m not sure what you are trying to justify here and what do you want to do with broker way of earning commission. It’s odd too that you compared broker to gambling while they have different market. It’s not their fault that they offer services that is risk free for them. In fact, Only casino and other form of gambling is literally fighting with players using their bankroll.

I think what the ops may mean to say is that the internal  leverage and commissions that are charged by a broker which is not the same as what commission both casino and exchange charges,  although I have thought of this on multiple note how it has become unavoidably unable it has become for me to use the services of a broker unless it based on special need,  because I can't bear being charged by percentage when I move money from wallet to Asset on the same exchange which is what is mostly being done by all brokers.

But on exchange we are not charge such commission when we move fund around wallet within the exchange since it is and internal transaction so I don't know why brokers charge such a commission any ways.

[Wexnident]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Well, yea, that's why they're brokers. I reckon the profit margin they have per customer is rather minimal though, but they adapted to that by having more customers instead. I mean brokers were possible because they have their own methods, maybe even internal groups that let them have these kinds of methods.

If they were shouldering risks, I doubt the existence of brokers would've even been possible. Well, they might have some other forms of risks that gambling itself may not have, not one so I can't really say but hey, I reckon there should be some sort, just not directly related to the gambling part itself. And as I've said, I reckon their profits are rather small as well so I guess that could be one risk.

[CryptSafe]

OP in as much as the both are business oriented, they are being done for profit making and so would go to any extent to ache in money by any or all means from their clients. Worst scenario is that their clients would only complain and go and there is nothing one can do about it.

Brokers do a whole lot to making sure their clients trade so in that case can go to any length to get their commission, fees and lots more based on the agreed terms for which both parties have reached.

Unlike the brokers, Casinos are quite different and can not be compared to brokers but the both are business done for profit making. Casinos are set up for gamblers who play under probability of wining or losing their games however the case may be, it is either a win win thing or otherwise which gives the casino the opportunity to to make their gains from fees, loss from gamblers etc.

[fingnome]

Brokers are playing those who are using brokers, those who are trading with any form of broker, and using it on their daily trade. They are being exploited through commission fees, trading fees, liquidation, and every other means necessary that the customer will enrich the broker owners.
 
The same is also applicable to casinos. Gamblers are the ones who the casinos are playing in the money game; they are built to favour them, the owners, and the gamblers are just trying their luck, adding together some skills and any possible strategies, which means they know they can use in winning their games. But at the end, it's not a win-win situation; the casino's are always there to milk many while allowing a few to win as ell.
 
Both brokers and casinos are businesses owned by private investors who are out there to make a profit, so they will have to make it.

Thank you for your comprehensive insight. You’ve hit the nail on the head regarding how both casinos and brokers operate in ways that inherently favor their own profitability. The house always aims to win, whether it’s in a casino setting or the brokerage industry. I agree with your points on commission fees, trading fees, and other means that contribute to their earnings.

You bring up an excellent observation about the perception of casinos versus brokers. Many people indeed view casinos as outright money-draining establishments while viewing brokers under a more positive light. However, as you pointed out, brokers encourage frequent trading, which accumulates more fees for them, rather than promoting strategies like buy-and-hold that may be more beneficial for the investors in the long run. The transparency of these mechanisms certainly deserves more attention to ensure that all participants in the financial markets are on an equal playing field. Your thoughts add a significant depth to this conversation, and I appreciate your contribution.

[fingnome]

What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Remember that broker or simply exchange is just charging minimal commission rate for all the trades while they are paying for there personnel and servers to run the orderbook for their customers. Casino on the other hand get fixed profit on house edge plus the losing money of each player which is too high percentage of profit compared to broker.

I’m not sure what you are trying to justify here and what do you want to do with broker way of earning commission. It’s odd too that you compared broker to gambling while they have different market. It’s not their fault that they offer services that is risk free for them. In fact, Only casino and other form of gambling is literal fighting with players using their bankroll.

Thank you for sharing your perspective on this matter. Your point about the minimal commission rate charged by brokers for maintaining their operations and providing services to customers is valid, and I respect that insight. It’s essential to acknowledge the operational costs involved in running a brokerage, and indeed, they are not the same as casinos in terms of their business model and revenue structure.

To clarify my stance, I'm not objecting to the legitimate and traditional operations of brokers who facilitate investments and offer a platform for trading. My concern is specifically with the growing trend of brokers adopting strategies that resemble gambling platforms, such as promoting high-frequency trading, tournaments, and other gamification strategies which encourage individuals to trade more than they might have intended to, often without a solid understanding of the risks involved.

When brokers push for such practices, it blurs the line between investment and gambling, potentially leading to detrimental financial decisions for the average investor. My intention is not to undermine the role of brokers in the financial ecosystem, but to highlight and discuss these emerging trends and their implications for investors. Your thoughts contribute meaningfully to this dialogue, and I appreciate the balance they bring to the conversation.

[BenCodie]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

If it's a possibility, why wouldn't they be? The entire casino industry is built upon exploitation and gaining edge over others. This kind of theory is in line with the way the industry inherently is. It would not be at all surprising if this theory were true...though even if the truth was out there, do you think that would stop people from rolling the dice? Will or have you stopped rolling the dice after learning this possible fact? This is the larger, sadder point.

[gunhell16]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

The broker is similar to that bank in that you let him retain your money and then he grows it at a higher rate than the percentage you agreed upon. Because he has your money, it appears that he can lend it and earn a high interest rate—for example, 30%—but will only offer you 5%.

As a gambler, you have your money and control it, whereas the casino controls the game on which you stake money. That is why gamblers frequently lose, and just a few people always win here.

[swogerino]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Brokers only play idiots who believe that they play a role in improving their trades/actions.They are not related into gambling that much or at least I am not aware of such brokers as of yet while I know tons,really really tons of them offering their services to people who trade or do a lot of buying in exchanges and stocks.

They are winning a lot of money sure but as I said only from people who deal with them and lately I have seen fewer and fewer people using them so that is a good thing overall.In gambling and casino though the casino provider has setup a house edge which promises overall profit to the casino in the long run and that's it.

[tsaroz]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Every good gamblers know its more profitable to avoid a broker as much as possible. The more the brokers involved lesser is the actual odds you get.
But sometimes in some cases, it's impossible to boycott the broker. You may not realize it but a large number of online gambling sites are entirely a broker who hosts every bets on other sites. Similarly most slots offered in all popular and otherwise site are from the same provider just being hosted on for commission.
IRL, a broker might add services that may enable gamblers with perks like anonymity, hassle free gambling, easier access and assistance settling disputes.

[Wind_FURY]

You know how casinos lay it all out, they're taking a gamble just like us?

But they have the edge at their side, which makes the player a long term loser. If you're playing for entertainment, nothing wrong with that. If you're playing for profit, don't play in the casino.

But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Isn't that called, market-making? Someone has to be in there to start the "exchange", and provide the liquidity for the bid-ask spread.

But the broker's "edge" is through the fees. If you "win" money consistently from trading after fees, then you're a "profitable trader".

[Gozie51]

I think you would have gotten better explanation of how broker business works in the trading discussion board because gamblers here already use casino business.

However, your thread made me to research on what that works with the brokers and if they have any risk in the business and yes they do. Brokers are the middle man that is a channel to customers trading platform and so if in the case of lost trade where the trader has over traded in leverage, it is the broker who bears the excess fund.

A broker can lose their license and fold up in litigation by an aggrieved customer for whatever reason or complaints of ill-management of funds. Also just like other businesses to manage brokerage business takes alot of marketing, management and operational cost.

I feel the casino are the one playing in the money game, apart from setting up their site and ads, they steadily profit directly from customers loses.

I found this on brokers

[Mr. Magkaisa]

       -    Actually, I'm wondering if the broker is related or similar to the casino. Because it seems far-fetched to compare a broker to gambling in a casino. Isn't that broker only for Forex traders? I can't see its connection here at the casino.

When playing a casino here in the crypto space, there is no need for a broker; there is no way that someone else will play your gambling; instead, we ourselves will control our betting, whether we are lucky or not. Although we also know that the house always wins the game in the casino,

[wallet4bitcoin]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Brokers are the big boys in every game they find themselves. They make more from those who think they are making big bucks. Even those who make big bucks also pay to the brokers, whether or not you make profit, you must have paid the brokers in between the transaction, its non-negotiable for every user that uses a broker as a window. Brokers are the ones playing big in the money game.

[Pmalek]

The average Joe doesn't need to think too much about it. The only thing that matters is the money you will get in the end minus whatever fees you need to pay either to the broker or the casino. Make those calculations and check who gives you the better odds before depositing your money. Having said that, I have never used a broker of any kind.

[Slow death]

In my opinion, casinos are the biggest money makers, because when people play they rarely win a lot of money, so at the end of the day probably a very small number wins while a much larger number lost money and this loss of money is what customer had, will become the casino's profit only after the casino pays all operating costs. while on the Broker side, they make money from people's fees, but at least the people who buy low and keep doing hodl will come out with a profit. something interesting that you said and that I think is sad and that the Broker knows that day trading is not profitable, but even so he keeps sending emails with promotions

to encourage people to continue day trading because only then will the Broker make a profit, in other words, it is the type of business in which the Broker uses methods that I consider exaggerated to achieve profits. They don't care about the financial situation of any client, on the contrary, they even put out more and more promotions for people to continue day trading and as a result they spend the whole day losing money and paying those high fees and making the Broker very rich. I keep wondering if the Broker pays taxes, in my opinion they should pay taxes because they charge high fees to clients

[Gozie51]

       -    Actually, I'm wondering if the broker is related or similar to the casino. Because it seems far-fetched to compare a broker to gambling in a casino. Isn't that broker only for Forex traders? I can't see its connection here at the casino.

I guess op just wanted to throw in the broker stuff here instead of the traders wing otherwise I also don't see correlation of brokerage in gambling or casinos because that is a direct stake or the casino which is an end to itself and not a middle man like the broker would do in the financial market. However, brokers don't only operate in the forex trading, they also exist banking and insurance, stocks, derivatives market etc.

[OgNasty]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Of course brokers are making money on every trade you make. That’s their business. If they were gambling on trades to make money, then it would be safe to assume that at some point they would lose big possibly effecting the balances of their customers. It’s easier to take a small piece of all the action then to try and gamble for a bigger piece. That benefits nobody.

[Haunebu]

I have to disagree here. Brokers like Betinasia, Sportmarket etc are invaluable to many punters like me who cannot access certain exchanges due to geolocation restrictions(Betfair, Pinnacle etc).

They offer lower commissions than those exchanges and their withdrawal fees are okayish while casinos are less valuable in comparison and they earn way higher profits.

[Lakai01]

-snip-
They offer lower commissions than those exchanges and their withdrawal fees are okayish while casinos are less valuable in comparison and they earn way higher profits.

You mean higher fees for withdrawals? Which exchanges/casinos do you think that would be? I am on some casinos and exchanges on the road, unfair or too high fees have not come across me for a very long time.
What can be true is that the withdrawal fee for certain altcoins is higher (e.g. ETH), but that is usually not so much the fault of the exchange/casino, but is due to the underlying blockchain, which simply requires very high fees at certain times.


What I see similarly is the added value of the brokers for people in countries with geolocation restrictions, there one accepts quite a bit higher fees to still have the chance to play.

[Odusko]

I have to disagree here. Brokers like Betinasia, Sportmarket etc are invaluable to many punters like me who cannot access certain exchanges due to geolocation restrictions(Betfair, Pinnacle etc).

They offer lower commissions than those exchanges and their withdrawal fees are okayish while casinos are less valuable in comparison and they earn way higher profits.

This and many more are the reason why stock brokers have become unpopular among newbies, because of a lot of commission and restrictions, this have made things hard for most newbies the most annoying is the part that their commission charges are way higher and without differentiations of what an external and internal transaction  are and this has made them not to be a good option because in gambling when you make a winning you only pay for withdrawal fees and aside from that, there is no other hidden charges or wallet transfers commission as we see with most or all forest brokers

[coolcoinz]

What I see similarly is the added value of the brokers for people in countries with geolocation restrictions, there one accepts quite a bit higher fees to still have the chance to play.

These people are being exploited, but who is really doing the exploiting? The broker or the government, or maybe both?
If you're restricted from playing because of your government policies, it's the government you should blame for this, not the broker that charges you more for a chance to play. The choice is always yours.
You can stop gambling like a law obeying citizen. You can leave the country. You can try to fight by organizing protests... Or you can pay a higher fee and keep playing.

[cabron]

I have to believe exchanges are also playing us by manipulating the market that newbies have to sell at low prices. Those futures markets must be a money maker for these exchanges because they may not be just an spectator in the game, they play the game itself. With the transparency in blockchain, in which they know how much is coming in and out of the exchanges, they should know what to do to profit from a situation.

For casinos, yup we are all gamblers, we know what they do. Therefore both are making money.

[fingnome]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Of course brokers are making money on every trade you make. That’s their business. If they were gambling on trades to make money, then it would be safe to assume that at some point they would lose big possibly effecting the balances of their customers. It’s easier to take a small piece of all the action then to try and gamble for a bigger piece. That benefits nobody.

You’re right in noting that brokers earning from trades is standard and necessary for their business. My apprehension lies in brokers pushing activities that resemble gambling, such as encouraging excessive trading and tournaments. This shift blurs the lines between investing and gambling, possibly leading to risky financial behavior for individuals. Your point about the stability of commission earnings is crucial, and it highlights the importance of maintaining clear boundaries in the brokerage industry. Thank you for adding this essential perspective to the dialogue.

[fingnome]

I have to disagree here. Brokers like Betinasia, Sportmarket etc are invaluable to many punters like me who cannot access certain exchanges due to geolocation restrictions(Betfair, Pinnacle etc).

They offer lower commissions than those exchanges and their withdrawal fees are okayish while casinos are less valuable in comparison and they earn way higher profits.

It’s clear that brokers like Betinasia and Sportmarket are providing a crucial service for individuals facing geolocation restrictions, offering accessibility and more reasonable fees. I acknowledge the value in this and the distinct differences between brokers and casinos.

My observation is targeted towards the instances when brokerage platforms might inadvertently encourage a gambling-like environment, particularly by promoting excessive trading and other similar activities. It's this subtle push towards "gambling" that I aim to highlight. The intention is not to undervalue brokers but to bring attention to certain practices that may not be in the best interest of investors.

[davis196]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Are you talking about brokers or bookies? Many forum members obviously think that you are talking about bookies, but I assume that you are talking about brokers.
This topic belongs to the Gambling Discussion forum(or maybe the Trading Discussion forum).
The brokers, who are doing such shady practices are breaking the law. They must be prosecuted and sentenced guilty.
Nobody is forcing you to use the services of a financial broker. Trading on the financial markets has become more accessible than ever.
Why would anyone want to use a broker nowadays? Some people are falling for various "trading broker" scams, where the brokers are offering "high and guaranteed profits". Those scams have nothing to do with the legal and whitehat financial brokerage.
 

[Haunebu]

My observation is targeted towards the instances when brokerage platforms might inadvertently encourage a gambling-like environment, particularly by promoting excessive trading and other similar activities. It's this subtle push towards "gambling" that I aim to highlight. The intention is not to undervalue brokers but to bring attention to certain practices that may not be in the best interest of investors.

Yeah. That is true. They are kinda shady sometimes, but the pros outweigh the cons in this case which is why I still feel that legit brokers are more valuable than traditional FIAT and crypto casinos.

Nobody is forcing you to use the services of a financial broker. Trading on the financial markets has become more accessible than ever.
Why would anyone want to use a broker nowadays? Some people are falling for various "trading broker" scams, where the brokers are offering "high and guaranteed profits". Those scams have nothing to do with the legal and whitehat financial brokerage.

I think you are the one who is misunderstanding here. Op is clearly talking about betting brokers like Betinasia etc(Not financial brokers).

[Kakmakr]

I think both of them are doing the same thing in a different way. The Brokers are using someone else's money to gamble on the trading platforms and they take a fixed commission for that, where the casino are taking a profit from a fixed house edge.

So no matter what happens ....they get their profit and the investor and gambler are taking all the risk. There are complex systems at work, behind the scene that the average investor and gambler do not know about.... but those systems are designed to protect the profit of the Broker and the casino owner and shareholders.  

[killerfrost]

As far as I understand brokers and casinos carry out different activities and have different goals, casinos use games and rules that have been designed to ensure a long-term advantage to the casino silver and there is no way to reverse the outcome for sure in each trade.

The fact that casinos and brokers carry out different activities makes the discussion of comparisons between the two industries complicated. The general view is that both have the goal of making profit. Choosing a reputable and reputable broker is important to ensure that you are protected and receive the best service.

[fingnome]

As far as I understand brokers and casinos carry out different activities and have different goals, casinos use games and rules that have been designed to ensure a long-term advantage to the casino silver and there is no way to reverse the outcome for sure in each trade.

The fact that casinos and brokers carry out different activities makes the discussion of comparisons between the two industries complicated. The general view is that both have the goal of making profit. Choosing a reputable and reputable broker is important to ensure that you are protected and receive the best service.

You bring up an important distinction, and I understand your view. Brokers and casinos indeed have inherently different models and goals. Your emphasis on the importance of choosing a reputable broker is especially critical to ensure protection and quality service.

In alignment with my earlier thoughts, I share concerns when brokers move beyond their traditional role, integrating game-like and entertainment aspects to encourage frequent trading. This shift, in my view, narrows the gap between brokers and casinos, making the distinction less clear for the average individual. It's this blending of roles and potential erasure of clear boundaries that my initial discussion aimed to spotlight. Your insights contribute significantly to this conversation, and it's important that these diverse viewpoints are shared and considered. Thank you for your thoughtful response.

[fingnome]

I think both of them are doing the same thing in a different way. The Brokers are using someone else's money to gamble on the trading platforms and they take a fixed commission for that, where the casino are taking a profit from a fixed house edge.

So no matter what happens ....they get their profit and the investor and gambler are taking all the risk. There are complex systems at work, behind the scene that the average investor and gambler do not know about.... but those systems are designed to protect the profit of the Broker and the casino owner and shareholders.  

Your insight highlights the obscured systems that safeguard broker and casino profits, emphasizing the necessity for amplified transparency. Given brokers' push towards entertainment and gamification to encourage trading, perhaps a requirement to maintain a gambling license could be a step toward ensuring accountability and fairness. Your thoughts add a meaningful dimension to this dialogue, thank you.

[Gozie51]

Why would anyone want to use a broker nowadays? Some people are falling for various "trading broker" scams, where the brokers are offering "high and guaranteed profits". Those scams have nothing to do with the legal and whitehat financial brokerage.
 

Like is there ways you can trade on the financial market with ease without using a broker? I mean do traders have direct access to the financial global trading market without some kind of registration with an online trading platform or an exchange so to speak which is what is referred to as broker in the modern sense where you can access all the traded instruments, assets, fiat currency, cryptocurrency derivatives, stocks etc

[fingnome]

Why would anyone want to use a broker nowadays? Some people are falling for various "trading broker" scams, where the brokers are offering "high and guaranteed profits". Those scams have nothing to do with the legal and whitehat financial brokerage.
 

Like is there ways you can trade on the financial market with ease without using a broker? I mean do traders have direct access to the financial global trading market without some kind of registration with an online trading platform or an exchange so to speak which is what is referred to as broker in the modern sense where you can access all the traded instruments, assets, fiat currency, cryptocurrency derivatives, stocks etc

I see where you're coming from, but it feels like we're on different pages. Imagine going to a doctor for a cold and getting a pitch for a nose job. My worry? Brokers, who should be helping us navigate the financial world, are suddenly tossing dice and dealing cards, nudging us to gamble more than we planned. It’s this sly switch that’s got my alarm bells ringing! Your point is valid, but let's keep our brokers brokering and our casinos dealing, shall we?

[Gozie51]

Why would anyone want to use a broker nowadays? Some people are falling for various "trading broker" scams, where the brokers are offering "high and guaranteed profits". Those scams have nothing to do with the legal and whitehat financial brokerage.
 

Like is there ways you can trade on the financial market with ease without using a broker? I mean do traders have direct access to the financial global trading market without some kind of registration with an online trading platform or an exchange so to speak which is what is referred to as broker in the modern sense where you can access all the traded instruments, assets, fiat currency, cryptocurrency derivatives, stocks etc

I see where you're coming from, but it feels like we're on different pages. Imagine going to a doctor for a cold and getting a pitch for a nose job. My worry? Brokers, who should be helping us navigate the financial world, are suddenly tossing dice and dealing cards, nudging us to gamble more than we planned. It’s this sly switch that’s got my alarm bells ringing! Your point is valid, but let's keep our brokers brokering and our casinos dealing, shall we?

Surely there will be some twerking in the brokers modus operandi at least for letting you have a feel of the global financial market  but to the extent of it is what those trading should research on regarding the extent of which they are manipulated. Likewise, such twerking could be somewhere in the casinos house edge too and that is why we are having more casino review sites springing up because people believe that something could be happening in there and if nothing of such then they should play with casino that have little or no such to worry about. Just to say brokers and casinos are all in business to make profit.

[Wind_FURY]

       -    Actually, I'm wondering if the broker is related or similar to the casino. Because it seems far-fetched to compare a broker to gambling in a casino. Isn't that broker only for Forex traders? I can't see its connection here at the casino.

They're comparable in the context that they're both collecting a fee from their users, which gives the user lesser edge to an already negative edge situation in "the game".

When playing a casino here in the crypto space, there is no need for a broker; there is no way that someone else will play your gambling; instead, we ourselves will control our betting, whether we are lucky or not. Although we also know that the house always wins the game in the casino,

Perhaps it's more comparable to think about it like, a game in the casino = an altcoin in the market. Casino = takes a fee per bet. Broker/exchange = takes a fee per trade.

[CarnagexD]

As far as I understand brokers and casinos carry out different activities and have different goals, casinos use games and rules that have been designed to ensure a long-term advantage to the casino silver and there is no way to reverse the outcome for sure in each trade.

The fact that casinos and brokers carry out different activities makes the discussion of comparisons between the two industries complicated. The general view is that both have the goal of making profit. Choosing a reputable and reputable broker is important to ensure that you are protected and receive the best service.

In short, both. I mean we all play around the game. The casino wants you to keep playing, and brokers want you to keep investing. Both of them are in it to make money, that's for sure. And we do too, players play with the hope of winning. Casinos designed their games so smart that they initially allow players to win but in the long run, the house always wins. It’s all about chance and luck, and it's easy to get carried away. But brokers, they help you make informed decisions but they also charge fees for their services, making money. Both casinos and brokers are there to make a profit and you're playing your own game. You have control so play smart haha you're the one paying here

[dezoel]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Aren't they basically in the same position? And aren't we aware of the fact that both gambling houses and brokers are charging us for the services they are offering to us? I think we do, and I don't really see a lot of difference between both. A broker charges fees on our trades and a house takes its share as a house edge, they both charge us for our withdrawals, and when we lose a bet in gambling or get liquidated in futures, they get all that we had at stake.

So, I don't really think that brokers are outdoing casino houses in the money game and are charging us more than we pay a casino house. I believe both businesses are doing great in terms of earning profits in their respective fields and we are getting the services we need, so it's basically how it works.

[EarnOnVictor]

Brokers are playing those who are using brokers, those who are trading with any form of broker, and using it on their daily trade. They are being exploited through commission fees, trading fees, liquidation, and every other means necessary that the customer will enrich the broker owners.

You are getting almost all wrong, brokerage is a business and service, a middleman between traders and the market, do you expect them to offer their service for free? Of course, it has to be with tokens, and I don't see how these little tokens they charge translate to playing their clients.

Mind you, there are two types of retail brokers, one is an internal market maker, they earn when their clients lose and they lose when their clients win (paid winning from their pocket. This arrangement is fair, I see no one playing their clients here once they do not deny their withdrawal.

The other one is connected directly to the raw pool of the market, in which their clients win directly from the market and lose to the market. The former however could gain from the trader's loss, spread, commission and swap (which you didn't mention), while the latter will only gain from spread, commission and swap. This is a fiar arrangement since they are deploying their resources and technology to ensure you have access to the market which ordinarily can't be possible without them.

Also, the former can gain from liquidation of position, but the latter can't. Above all, all are dispensing their services with fair marked terms and conditions, it is the choice of anyone to deal with them.

[bittraffic]

Brokers are playing those who are using brokers, those who are trading with any form of broker, and using it on their daily trade. They are being exploited through commission fees, trading fees, liquidation, and every other means necessary that the customer will enrich the broker owners.

You are getting almost all wrong, brokerage is a business and service, a middleman between traders and the market, do you expect them to offer their service for free? Of course, it has to be with tokens, and I don't see how these little tokens they charge translate to playing their clients.

Mind you, there are two types of retail brokers, one is an internal market maker, they earn when their clients lose and they lose when their clients win (paid winning from their pocket. This arrangement is fair, I see no one playing their clients here once they do not deny their withdrawal.

The other one is connected directly to the raw pool of the market, in which their clients win directly from the market and lose to the market. The former however could gain from the trader's loss, spread, commission and swap (which you didn't mention), while the latter will only gain from spread, commission and swap. This is a fiar arrangement since they are deploying their resources and technology to ensure you have access to the market which ordinarily can't be possible without them.

Also, the former can gain from liquidation of position, but the latter can't. Above all, all are dispensing their services with fair marked terms and conditions, it is the choice of anyone to deal with them.

You're all on one page, exchanges ask for fees that's the point. One thing that these brokers exploit is the POS token which its them who stake the tokens for the clients.
Listing the tokens in the exchange is another, this is big when a team wants which I guess many tokens today stay on DEX like 1inch and Uni.

But I think we all can understand that they are also doing business like everyone else who needs to profit. Somehow a person will look at casinos worse than brokers though.

[fingnome]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

If it's a possibility, why wouldn't they be? The entire casino industry is built upon exploitation and gaining edge over others. This kind of theory is in line with the way the industry inherently is. It would not be at all surprising if this theory were true...though even if the truth was out there, do you think that would stop people from rolling the dice? Will or have you stopped rolling the dice after learning this possible fact? This is the larger, sadder point.

I appreciate your thoughtful perspective, highlighting the possible exploitation inherent in both the casino and brokerage industries. You're absolutely right, the thrill of the game and the hope of winning big will always draw people to casinos, fully aware of the house always having the upper hand. It's a choice made for fun, entertainment, and adrenaline.

However, when it comes to brokerages, the narrative shifts. People enter these platforms intending to invest their savings thoughtfully. The creeping in of gamification and entertainment aspects by brokers is subtly changing the scene. Unbeknownst to many, what started as an investment journey could unwittingly morph into a gamble, devoid of the fun and awareness that accompanies a casino. This subtle and unsuspected transition is where the real concern lies, emphasizing the need for clear delineation and transparency in the brokerage world to protect unsuspecting investors from unintentional risks. Your input greatly enriches this discussion, thank you for sharing.

[fingnome]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Are you talking about brokers or bookies? Many forum members obviously think that you are talking about bookies, but I assume that you are talking about brokers.
This topic belongs to the Gambling Discussion forum(or maybe the Trading Discussion forum).
The brokers, who are doing such shady practices are breaking the law. They must be prosecuted and sentenced guilty.
Nobody is forcing you to use the services of a financial broker. Trading on the financial markets has become more accessible than ever.
Why would anyone want to use a broker nowadays? Some people are falling for various "trading broker" scams, where the brokers are offering "high and guaranteed profits". Those scams have nothing to do with the legal and whitehat financial brokerage.
 

You're right in pointing out the confusion, and yes, I am indeed referring to financial brokers, not bookies. It’s fantastic to hear that you might be using a trustworthy one or avoiding the arena altogether. But consider the instance of Robinhood, embroiled in legal action over the ‘gamification’ of investing. This just echoes my sentiment: some brokers might be blurring the lines, perhaps unknowingly steering their clients towards gambling. This shift underlines my suggestion that maybe they should indeed be bound by similar regulations as gambling institutions, ensuring clear and fair play in the financial field. Your perspective adds depth to this conversation, and I value it.

[livingfree]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

House and brokers are just like the same entities.

They earn from all of us and no matter how good you are, you'll come to that point that you'll end up losing money and then go back again. But it's like that if it's the house that's winning against us, there's a return from us that we'll also win somehow.

While in the brokers, yes, they're in between and they're just like taking comms and nothing to return from gamblers like us because that's how they work on.

[_BlackStar]

Regardless of who benefits between the two then I can only say that they are just part of the industry that serves your needs. Nothing is free and both use their customers to make a profit - it's worth it for what and who they serve, right?

You need the casino to serve you to gamble - so you have to pay them instead of just betting your money. The same thing about brokers - you have to pay trading fees ^{[or whatever]} if you use the facilities they provide and it is all a win to win situation between customers and industry players. There is no blackmail because you have all agreed to the terms of service - if you say it's blackmail then re-read the conditions for using their services.

[el kaka22]

Shouldn't this depend on the agreement? I mean in most cases brokers are the ones that are paying. Let me explain to you how the casino that I worked with was establishing their wins and losses. They had few different games, all from different game providers, which mean they had like 6 if I remember right game providers that gave them about 300 games.

These games were automatically tied like an affiliate, which meant that if you gambled where I worked at that time, the money you lost went to the game provider, and then due to that affiliate income, the casino made some of it back, usually about 3% to 10% depending on the game, and when you lost they lost nothing. So at the end of every month, the casino got paid from the game provider.

[goaldigger]

Regardless of who benefits between the two then I can only say that they are just part of the industry that serves your needs. Nothing is free and both use their customers to make a profit - it's worth it for what and who they serve, right?

That’s correct and I believe both of them benefit a lot from the gamblers so its a win win situation for both parties and as long as they continue to provide quality casino and games, their goal will remain intact. Gamblers are the one who are suffering here, we all know how the casino works and I believe some brokers are also connected with the casinos since they have to get a better partnership or else they will not make money here.

[Johnyz]

Regardless of who benefits between the two then I can only say that they are just part of the industry that serves your needs. Nothing is free and both use their customers to make a profit - it's worth it for what and who they serve, right?

That’s correct and I believe both of them benefit a lot from the gamblers so its a win win situation for both parties and as long as they continue to provide quality casino and games, their goal will remain intact. Gamblers are the one who are suffering here, we all know how the casino works and I believe some brokers are also connected with the casinos since they have to get a better partnership or else they will not make money here.

Its their business so there's money involve for sure and with Broker, they are doing this since then, it takes a good profit for you to stay with the gambling industry.
If there's a secret partnership with both parties just to take advantage of the gambler then its scary, better not to use any broker or any third party games if you're afraid of this.
Casinos can't do everything alone, and having a broker or a third party provider is the best option for them to offer a great services.

[Z390]

Correct me if I am wrong as no one is the most perfect being in this world, brokers are supposed to be for forex traders? Am I wrong or right? Because I believe that comparing gambling with brokers makes no sense.

Now if we are talking about which one is more reliable my answer will be none, you want a loyal broker? You have to find one, because there are many fake brokers out there that want you use you and your money.

It's not that different from gambling too as there are also many fake or bad casinos online this days, for example, the crazy 1xbit casino that scams their customers and are still in the business till today, crazy, isn't that crazy?

To round up my opinion, i believe that wherever there is money there will always be bad actors who will come as your solution by they came only yo take advantage of you, some people willingly stay away from every money making online because of bad actors, they are so scared of becoming their next victims.

[3kpk3]

Correct me if I am wrong as no one is the most perfect being in this world, brokers are supposed to be for forex traders? Am I wrong or right? Because I believe that comparing gambling with brokers makes no sense.

So many people in this thread clearly have no idea who betting brokers are and are mixing them up with other kinds of brokers. Betting brokers provide punters access to popular sites which restrict their countries.

Examples include sites like Betfair, Pinnacle etc. They earn through commissions on winning and losing bets.

[fingnome]

Correct me if I am wrong as no one is the most perfect being in this world, brokers are supposed to be for forex traders? Am I wrong or right? Because I believe that comparing gambling with brokers makes no sense.

So many people in this thread clearly have no idea who betting brokers are and are mixing them up with other kinds of brokers. Betting brokers provide punters access to popular sites which restrict their countries.

Examples include sites like Betfair, Pinnacle etc. They earn through commissions on winning and losing bets.

You've hit the nail on the head, and I appreciate your clarity. My oversight in not specifying the type of brokers has evidently caused some mix-up. Your elucidation about betting brokers and their operation is spot-on. I should have been more precise in my initial post to avoid this confusion. Betting brokers, providing access to popular sites, play a different role compared to financial brokers and the issues concerning them. Your insight is essential in keeping this discussion well-rounded and accurate. Thank you for bringing this to light.

[Ever-young]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

I believe the crypto exchanges are the ones playing the money game on their traders more here, then it's followed by the casino's the forex are design in such a way that they win when their traders lose and lose when there traders win although they manipulate the market sometimes to be in their favour.

The exchange sucks with their means of earning from their customers, from taking from their commission fee, then followed by the fee they also charge when customers withdraw, and they use customers deposit to make money especially when the customer use the staking option where they end up rewarding the staker with just little APR.

Then the Casino is design to favour their owners, unless on those games which the outcome can be verified outside the casino like the sport betting, things like slot game and those random number generator games always happen to outsmart the players which in turns give them more chance of earning more than the players, so they are also playing the money game in their own way on their gamblers.

[_BlackStar]

-snip-

That’s correct and I believe both of them benefit a lot from the gamblers so its a win win situation for both parties and as long as they continue to provide quality casino and games, their goal will remain intact. Gamblers are the one who are suffering here, we all know how the casino works and I believe some brokers are also connected with the casinos since they have to get a better partnership or else they will not make money here.

Of course - I have to say it because developers know how to exploit this growing industry for profit. Casinos and Brokers are a necessity regardless of how they attract customers – meaning they expect money if someone uses their services.

I wouldn't expect someone promoting casinos in their signature space to complain that the casino industry was created to squeeze its customers - this is the exact opposite of what they are promoting. Every gambler should be aware only after they agree to the TOS.

[Fatunad]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

I believe the crypto exchanges are the ones playing the money game on their traders more here, then it's followed by the casino's the forex are design in such a way that they win when their traders lose and lose when there traders win although they manipulate the market sometimes to be in their favour.

The exchange sucks with their means of earning from their customers, from taking from their commission fee, then followed by the fee they also charge when customers withdraw, and they use customers deposit to make money especially when the customer use the staking option where they end up rewarding the staker with just little APR.

Then the Casino is design to favour their owners, unless on those games which the outcome can be verified outside the casino like the sport betting, things like slot game and those random number generator games always happen to outsmart the players which in turns give them more chance of earning more than the players, so they are also playing the money game in their own way on their gamblers.

Trying to elaborate on how these things do make money then it would really be sharing up on the same scheme on which it would really be just that so right that they would really be that be always having the advantage
among into its users.It might really be looking up something that really manipulative or decieving but this is how business do works or on how this industry do really acts out. They are making money on the service that they do give.

Example.
1. Exchanges-  Trading fees, withdrawal fees
2. Casinos/Gambling sites - Peoples/gamblers losses,fees etc.

Checking it out then it would really be just the same but what matter the most on here is that if they do really just give out their fair approach and service without deceiving out their users then it should be fine.
You arent really that been forced on using up the platfor or service that they do have. You could really deal up with things with your own free will and to mind off about on how they do make money
then thats how that typical cycle do circles around.You dont like such system? Then there's nothing you can do with that.

Important thing on here is that you could be having a choice because if you do go for Trading then expect fees would be there but its not something that huge that you would really be making yourself that too stress of.
Speaking about leisure time then losing is inevitable because it would really be pertaining about on how lucky you are but we know that as long those results are fair and square then
it is something that be on least concern i should say.

[3kpk3]

Important thing on here is that you could be having a choice because if you do go for Trading then expect fees would be there but its not something that huge that you would really be making yourself that too stress of.

Fees aren't really huge in casinos or brokers basically. They usually range from 0% - 3% based on what I observed which isn't really high. However, the ones that charge no fees at all should be applauded.

Cryptocurrencies like LTC, Doge etc are the primary reason why these fees are so low which is why I appreciate them even more.

[Wind_FURY]

Correct me if I am wrong as no one is the most perfect being in this world, brokers are supposed to be for forex traders? Am I wrong or right? Because I believe that comparing gambling with brokers makes no sense.

Now if we are talking about which one is more reliable my answer will be none, you want a loyal broker? You have to find one, because there are many fake brokers out there that want you use you and your money.

I believe you didn't understand. OP is debating that "Brokers" are not just "raking" in proftis through fees/commissions, but that they're also raking profits through the bids and the asks spreads, which is partly true, BUT how can they continue market-making if they keep losing money in the same market that they're market-making?

🤔

It's not that different from gambling too as there are also many fake or bad casinos online this days, for example, the crazy 1xbit casino that scams their customers and are still in the business till today, crazy, isn't that crazy?

To round up my opinion, i believe that wherever there is money there will always be bad actors who will come as your solution by they came only yo take advantage of you, some people willingly stay away from every money making online because of bad actors, they are so scared of becoming their next victims.

Read OP's post again and try to get it from his/her actual context.

[fingnome]

Shouldn't this depend on the agreement? I mean in most cases brokers are the ones that are paying. Let me explain to you how the casino that I worked with was establishing their wins and losses. They had few different games, all from different game providers, which mean they had like 6 if I remember right game providers that gave them about 300 games.

These games were automatically tied like an affiliate, which meant that if you gambled where I worked at that time, the money you lost went to the game provider, and then due to that affiliate income, the casino made some of it back, usually about 3% to 10% depending on the game, and when you lost they lost nothing. So at the end of every month, the casino got paid from the game provider.

Shouldn't this depend on the agreement? I mean in most cases brokers are the ones that are paying. Let me explain to you how the casino that I worked with was establishing their wins and losses. They had few different games, all from different game providers, which mean they had like 6 if I remember right game providers that gave them about 300 games.

These games were automatically tied like an affiliate, which meant that if you gambled where I worked at that time, the money you lost went to the game provider, and then due to that affiliate income, the cas

Correct me if I am wrong as no one is the most perfect being in this world, brokers are supposed to be for forex traders? Am I wrong or right? Because I believe that comparing gambling with brokers makes no sense.

Now if we are talking about which one is more reliable my answer will be none, you want a loyal broker? You have to find one, because there are many fake brokers out there that want you use you and your money.

I believe you didn't understand. OP is debating that "Brokers" are not just "raking" in proftis through fees/commissions, but that they're also raking profits through the bids and the asks spreads, which is partly true, BUT how can they continue market-making if they keep losing money in the same market that they're market-making?

🤔

It's not that different from gambling too as there are also many fake or bad casinos online this days, for example, the crazy 1xbit casino that scams their customers and are still in the business till today, crazy, isn't that crazy?

To round up my opinion, i believe that wherever there is money there will always be bad actors who will come as your solution by they came only yo take advantage of you, some people willingly stay away from every money making online because of bad actors, they are so scared of becoming their next victims.

Read OP's post again and try to get it from his/her actual context.

You bring up a valid point, and there seems to be a bit of a misunderstanding. My argument is not against brokers who are also dealers or engaged in market-making. I'm specifically discussing brokers like Robinhood, which, as you pointed out, don't engage in market-making themselves but sell order flow to other entities that do. This situation illustrates the variety within the brokerage industry, and it's crucial to delineate these differences to fully grasp the landscape and the various ways brokers can generate revenue beyond traditional fees and commissions.

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

I believe the crypto exchanges are the ones playing the money game on their traders more here, then it's followed by the casino's the forex are design in such a way that they win when their traders lose and lose when there traders win although they manipulate the market sometimes to be in their favour.

The exchange sucks with their means of earning from their customers, from taking from their commission fee, then followed by the fee they also charge when customers withdraw, and they use customers deposit to make money especially when the customer use the staking option where they end up rewarding the staker with just little APR.

Then the Casino is design to favour their owners, unless on those games which the outcome can be verified outside the casino like the sport betting, things like slot game and those random number generator games always happen to outsmart the players which in turns give them more chance of earning more than the players, so they are also playing the money game in their own way on their gamblers.

Trying to elaborate on how these things do make money then it would really be sharing up on the same scheme on which it would really be just that so right that they would really be that be always having the advantage
among into its users.It might really be looking up something that really manipulative or decieving but this is how business do works or on how this industry do really acts out. They are making money on the service that they do give.

Example.
1. Exchanges-  Trading fees, withdrawal fees
2. Casinos/Gambling sites - Peoples/gamblers losses,fees etc.

Checking it out then it would really be just the same but what matter the most on here is that if they do really just give out their fair approach and service without deceiving out their users then it should be fine.
You arent really that been forced on using up the platfor or service that they do have. You could really deal up with things with your own free will and to mind off about on how they do make money
then thats how that typical cycle do circles around.You dont like such system? Then there's nothing you can do with that.

Important thing on here is that you could be having a choice because if you do go for Trading then expect fees would be there but its not something that huge that you would really be making yourself that too stress of.
Speaking about leisure time then losing is inevitable because it would really be pertaining about on how lucky you are but we know that as long those results are fair and square then
it is something that be on least concern i should say.

Absolutely, I completely acknowledge the necessity for brokers to earn through commissions and fees for the services they provide. My concern, as you've noted, arises when brokers use gamification tactics to entice individuals into making trades they might not otherwise have considered. This strategy blurs the lines between investing and gambling. When brokers push individuals to trade more frequently to earn points or achieve levels, it shifts the focus from smart, intentional investing to a more casino-like environment where frequency trumps thoughtfulness. This is where I see the potential for harm and manipulation, veering away from the fundamental purpose of investing platforms.

[Wind_FURY]

Correct me if I am wrong as no one is the most perfect being in this world, brokers are supposed to be for forex traders? Am I wrong or right? Because I believe that comparing gambling with brokers makes no sense.

Now if we are talking about which one is more reliable my answer will be none, you want a loyal broker? You have to find one, because there are many fake brokers out there that want you use you and your money.

I believe you didn't understand. OP is debating that "Brokers" are not just "raking" in proftis through fees/commissions, but that they're also raking profits through the bids and the asks spreads, which is partly true, BUT how can they continue market-making if they keep losing money in the same market that they're market-making?

🤔

It's not that different from gambling too as there are also many fake or bad casinos online this days, for example, the crazy 1xbit casino that scams their customers and are still in the business till today, crazy, isn't that crazy?

To round up my opinion, i believe that wherever there is money there will always be bad actors who will come as your solution by they came only yo take advantage of you, some people willingly stay away from every money making online because of bad actors, they are so scared of becoming their next victims.

Read OP's post again and try to get it from his/her actual context.

You bring up a valid point, and there seems to be a bit of a misunderstanding. My argument is not against brokers who are also dealers or engaged in market-making. I'm specifically discussing brokers like Robinhood, which, as you pointed out, don't engage in market-making themselves but sell order flow to other entities that do. This situation illustrates the variety within the brokerage industry, and it's crucial to delineate these differences to fully grasp the landscape and the various ways brokers can generate revenue beyond traditional fees and commissions.

Can you make a clear illustration about how a broker like RobinHood actually does their business, and explain how they are taking advantage of their users? Because what I know about RobinHood is they send their users' bids/asks to a market-maker which then it's the market-maker that's getting their commissions from RobinHood for their service.

In a different context, RobinHood might be more comparable to a internet casino. RobinHood = Directs users' actions to market-makers. Internet casinos = directs actions to providers.

[AmoreJaz]

-snip-

That’s correct and I believe both of them benefit a lot from the gamblers so its a win win situation for both parties and as long as they continue to provide quality casino and games, their goal will remain intact. Gamblers are the one who are suffering here, we all know how the casino works and I believe some brokers are also connected with the casinos since they have to get a better partnership or else they will not make money here.

Of course - I have to say it because developers know how to exploit this growing industry for profit. Casinos and Brokers are a necessity regardless of how they attract customers – meaning they expect money if someone uses their services.

I wouldn't expect someone promoting casinos in their signature space to complain that the casino industry was created to squeeze its customers - this is the exact opposite of what they are promoting. Every gambler should be aware only after they agree to the TOS.

definitely, this business at the end of the day should generate revenue because of what they offer as services. otherwise, they will go bankrupt. this is why, whether casinos, or these brokers, they are here to earn money. they may have different strategies but the bottomline is to earn profits from their customers.
as a promoter of their services, and as a player, you should know your responsibilities. of course, you should not say negative criticisms to the industry that you are promoting of.

[GxSTxV]

I used to work as a forex trader before so I had to learn few things about brokers to chose the best for me. I learned that there are actually two types or more of brokers in which both work differently. The first type called No Dealing Desk which is the safest and better option in my opinion even with lowest fees just bigger minimum deposit because they deal directly with banks and offer the same market rates globally.
While the second type is called Dealing Desk or market maker brokers, These brokers have their own platform and their prices are not directly related to market rates. Sometimes in my experience with them they can be manipulative and intentionally cause traders to lose the big trades by moving the price significantly until the trader account blow up, because they profit when traders lose opposite of the first type where they earn a percentage of every trade you open as fees or what they call spread and regardless of which direction your trade goes.

 I also believe that brokers can be quite risky and many of them especially the second type (Dealing Desk), can be pure scam and forbid you when you want to withdraw your money. There’s more topics and articles about exposing brokers than casinos so you decide which one is more manipulative.



Picture source here

[BenCodie]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

If it's a possibility, why wouldn't they be? The entire casino industry is built upon exploitation and gaining edge over others. This kind of theory is in line with the way the industry inherently is. It would not be at all surprising if this theory were true...though even if the truth was out there, do you think that would stop people from rolling the dice? Will or have you stopped rolling the dice after learning this possible fact? This is the larger, sadder point.

I appreciate your thoughtful perspective, highlighting the possible exploitation inherent in both the casino and brokerage industries. You're absolutely right, the thrill of the game and the hope of winning big will always draw people to casinos, fully aware of the house always having the upper hand. It's a choice made for fun, entertainment, and adrenaline.

However, when it comes to brokerages, the narrative shifts. People enter these platforms intending to invest their savings thoughtfully. The creeping in of gamification and entertainment aspects by brokers is subtly changing the scene. Unbeknownst to many, what started as an investment journey could unwittingly morph into a gamble, devoid of the fun and awareness that accompanies a casino. This subtle and unsuspected transition is where the real concern lies, emphasizing the need for clear delineation and transparency in the brokerage world to protect unsuspecting investors from unintentional risks.

I think that we hope that entertainment, fun and adrenaline are motives. Though every time someone mentions a casino or someone online is discussing online casinos, the topic is more about the change in balance than it is about the experience.

You are right about brokerages and I see what you mean, however a good practical example of one that other parties can see first hand and compare with your posts, might be very useful for your points.

You are very right about the dangers that come with subtle, unsuspected involvement in gambling when it comes to what is thought to be investing.

Your input greatly enriches this discussion, thank you for sharing.

Thank you, likewise. Your recent posts have been refreshing to read from a new member. Keep up the thought you are putting into your posts and I'll surely end up being a supporter of yours

[fingnome]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

If it's a possibility, why wouldn't they be? The entire casino industry is built upon exploitation and gaining edge over others. This kind of theory is in line with the way the industry inherently is. It would not be at all surprising if this theory were true...though even if the truth was out there, do you think that would stop people from rolling the dice? Will or have you stopped rolling the dice after learning this possible fact? This is the larger, sadder point.

I appreciate your thoughtful perspective, highlighting the possible exploitation inherent in both the casino and brokerage industries. You're absolutely right, the thrill of the game and the hope of winning big will always draw people to casinos, fully aware of the house always having the upper hand. It's a choice made for fun, entertainment, and adrenaline.

However, when it comes to brokerages, the narrative shifts. People enter these platforms intending to invest their savings thoughtfully. The creeping in of gamification and entertainment aspects by brokers is subtly changing the scene. Unbeknownst to many, what started as an investment journey could unwittingly morph into a gamble, devoid of the fun and awareness that accompanies a casino. This subtle and unsuspected transition is where the real concern lies, emphasizing the need for clear delineation and transparency in the brokerage world to protect unsuspecting investors from unintentional risks.

I think that we hope that entertainment, fun and adrenaline are motives. Though every time someone mentions a casino or someone online is discussing online casinos, the topic is more about the change in balance than it is about the experience.

You are right about brokerages and I see what you mean, however a good practical example of one that other parties can see first hand and compare with your posts, might be very useful for your points.

You are very right about the dangers that come with subtle, unsuspected involvement in gambling when it comes to what is thought to be investing.

Your input greatly enriches this discussion, thank you for sharing.

Thank you, likewise. Your recent posts have been refreshing to read from a new member. Keep up the thought you are putting into your posts and I'll surely end up being a supporter of yours

Thank you for your thoughtful insights. Your perspective is spot-on, and it helps to steer this conversation towards its essence. The pivotal concern should indeed revolve around humanity and well-being. Casinos, despite their issues, are straightforward about their purpose as a source of entertainment, albeit with potential pitfalls. On the other hand, brokerages encouraging excessive intraday trading through subtle gamification techniques pose a serious issue. Unlike casinos, they mask the risks with an illusion of investment, leaving many oblivious to the potential financial peril. This dangerous gray area certainly does not qualify as entertainment, and it's crucial to highlight and address this distinction to safeguard individuals' financial and mental well-being.

[fingnome]

I used to work as a forex trader before so I had to learn few things about brokers to chose the best for me. I learned that there are actually two types or more of brokers in which both work differently. The first type called No Dealing Desk which is the safest and better option in my opinion even with lowest fees just bigger minimum deposit because they deal directly with banks and offer the same market rates globally.
While the second type is called Dealing Desk or market maker brokers, These brokers have their own platform and their prices are not directly related to market rates. Sometimes in my experience with them they can be manipulative and intentionally cause traders to lose the big trades by moving the price significantly until the trader account blow up, because they profit when traders lose opposite of the first type where they earn a percentage of every trade you open as fees or what they call spread and regardless of which direction your trade goes.

 I also believe that brokers can be quite risky and many of them especially the second type (Dealing Desk), can be pure scam and forbid you when you want to withdraw your money. There’s more topics and articles about exposing brokers than casinos so you decide which one is more manipulative.



Picture source here

I appreciate your detailed insight, and it resonates with my own experiences. With 15 years of working on the Forex dealing floor of major banks worldwide, I have navigated the nuances of this industry intimately. You accurately differentiated between No Dealing Desk and Dealing Desk brokers, and your insights into their operations are spot on.

But I want to shift the focus to a specific area often overlooked, known colloquially as "Forex Kitchen." These entities are not the big whales with banking or broker dealer licenses. They operate in shadows, offering staggering leverage of 5-50x to inexperienced traders. This setup is arguably more perilous than casinos, as it not only lures the unaware into a risky trading environment but also leaves them stranded with almost inevitable losses.

You're right about the manipulative tactics of Dealing Desk brokers. In the "Forex Kitchen," the A & B book model is alarmingly simple. The A book contains clients who, with little experience and high leverage, are expected to lose. Their trades are not covered; the broker just waits for the inevitable loss. The B book, for larger trades, is routed through international liquidity providers to avoid the risk on the broker's end. This segregation and manipulative handling underscore the significance of understanding and exposing these operations for the trading community's collective security and success.

[BenCodie]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

If it's a possibility, why wouldn't they be? The entire casino industry is built upon exploitation and gaining edge over others. This kind of theory is in line with the way the industry inherently is. It would not be at all surprising if this theory were true...though even if the truth was out there, do you think that would stop people from rolling the dice? Will or have you stopped rolling the dice after learning this possible fact? This is the larger, sadder point.

I appreciate your thoughtful perspective, highlighting the possible exploitation inherent in both the casino and brokerage industries. You're absolutely right, the thrill of the game and the hope of winning big will always draw people to casinos, fully aware of the house always having the upper hand. It's a choice made for fun, entertainment, and adrenaline.

However, when it comes to brokerages, the narrative shifts. People enter these platforms intending to invest their savings thoughtfully. The creeping in of gamification and entertainment aspects by brokers is subtly changing the scene. Unbeknownst to many, what started as an investment journey could unwittingly morph into a gamble, devoid of the fun and awareness that accompanies a casino. This subtle and unsuspected transition is where the real concern lies, emphasizing the need for clear delineation and transparency in the brokerage world to protect unsuspecting investors from unintentional risks.

I think that we hope that entertainment, fun and adrenaline are motives. Though every time someone mentions a casino or someone online is discussing online casinos, the topic is more about the change in balance than it is about the experience.

You are right about brokerages and I see what you mean, however a good practical example of one that other parties can see first hand and compare with your posts, might be very useful for your points.

You are very right about the dangers that come with subtle, unsuspected involvement in gambling when it comes to what is thought to be investing.

Your input greatly enriches this discussion, thank you for sharing.

Thank you, likewise. Your recent posts have been refreshing to read from a new member. Keep up the thought you are putting into your posts and I'll surely end up being a supporter of yours

Thank you for your thoughtful insights. Your perspective is spot-on, and it helps to steer this conversation towards its essence. The pivotal concern should indeed revolve around humanity and well-being. Casinos, despite their issues, are straightforward about their purpose as a source of entertainment, albeit with potential pitfalls. On the other hand, brokerages encouraging excessive intraday trading through subtle gamification techniques pose a serious issue. Unlike casinos, they mask the risks with an illusion of investment, leaving many oblivious to the potential financial peril. This dangerous gray area certainly does not qualify as entertainment, and it's crucial to highlight and address this distinction to safeguard individuals' financial and mental well-being.

I am glad to have positively contributed

I and I am sure many others would like to learn and read more about this shadow industry of brokering. I have an idea of it, but as you go into more detail I don't believe that my knowledge of the topic is anywhere near the level of which yours sits. Do you have any resources or links on hand for further reading and education? I am sure that if brokers are any worse than casinos, they will do a good job at covering up any available information exposing their business or downsides. I hope you have some further reading for us anyway

[Sandra_hakeem]

I see casinos as being really open to making much more funds than them brokers... That could be untrue but, that's exactly the way I see it.
Brokers are bearing the charges to whatever sever they're connected to - whatever they make is determined by every trader's spread ; lot sizes and every other commission including the disallowing of minimal cash capital below 5 dollars.
The percentage of peeps that indulge in gambling isn't compatible to the little that trade currency pairs or crypto...

Sandra 🧑‍🦰

[wiss19]

Regardless of who benefits between the two then I can only say that they are just part of the industry that serves your needs. Nothing is free and both use their customers to make a profit - it's worth it for what and who they serve, right?

You need the casino to serve you to gamble - so you have to pay them instead of just betting your money. The same thing about brokers - you have to pay trading fees ^{[or whatever]} if you use the facilities they provide and it is all a win to win situation between customers and industry players. There is no blackmail because you have all agreed to the terms of service - if you say it's blackmail then re-read the conditions for using their services.

That's exactly the point, we know that they are earning money from us, but we are the ones who are using the services they are providing, so we can't really say that they are exploiting us or using us for their own benefit because that's not entirely true. If you are a crypto day trader and you use a centralized exchange for your trades, you are getting to use the tools and services provided by them and that is what they are charging you for.

Similarly, when you are gambling on a platform, you are basically getting the opportunity to gamble and they are the ones providing you the opportunity, so if they charge you a percentage of your wins just as a fee for their services, there is nothing wrong in that and they truly deserve that for what they are doing for you.

So, both brokers and gambling houses are only getting what they are working for just like any other business in the world.

[Fivestar4everMVP]

Well, there is never a time we can or should compare an business owner to the customer, for the customer will always be at the mercy of the business owner..

What exactly am I saying? A Forex broker, or a gambling casino, both are business owned by someone of some group of persons, what is their mission?, to sell what we want to us and by so doing, make profit for themselves, and this is understandable because, no body in their right sense ever starts a business wit the intention of losing, so the same way traders are mostly at the mercy of the brokers, so also are gamblers at the mercy of the casino, same way every customer are at the mercy of every business they patronize, its hard to believe but it's the truth.

[fingnome]

Regardless of who benefits between the two then I can only say that they are just part of the industry that serves your needs. Nothing is free and both use their customers to make a profit - it's worth it for what and who they serve, right?

You need the casino to serve you to gamble - so you have to pay them instead of just betting your money. The same thing about brokers - you have to pay trading fees ^{[or whatever]} if you use the facilities they provide and it is all a win to win situation between customers and industry players. There is no blackmail because you have all agreed to the terms of service - if you say it's blackmail then re-read the conditions for using their services.

That's exactly the point, we know that they are earning money from us, but we are the ones who are using the services they are providing, so we can't really say that they are exploiting us or using us for their own benefit because that's not entirely true. If you are a crypto day trader and you use a centralized exchange for your trades, you are getting to use the tools and services provided by them and that is what they are charging you for.

Similarly, when you are gambling on a platform, you are basically getting the opportunity to gamble and they are the ones providing you the opportunity, so if they charge you a percentage of your wins just as a fee for their services, there is nothing wrong in that and they truly deserve that for what they are doing for you.

So, both brokers and gambling houses are only getting what they are working for just like any other business in the world.

I totally get where you're coming from. Yes, businesses should earn for their services. But here's the heartache: When you enter a casino, you know you're rolling the dice, taking a chance. It's the thrill, the risk, and we embrace it knowingly. But when you approach a forex broker, you're thinking strategy, investment, foresight. It's not a game; it's your hard-earned money. So when hidden tactics push you towards gambling instead of trading, it feels like a betrayal. It's not about fees; it's about trust. It's about stepping into a space expecting clarity and being met with shadows.

[LUCKMCFLY]

Casinos like brokers have their way of making money as the business progresses, obviously the bookmakers win when they have a good streak in which they manage to sell the shares that they are assigned, it is normal, it is their way of life. sell, the casinos are a company above all, they will sell but in another way, everyone knows the advantage of the casinos, they have their own options to do things well, and that they are acceptable, so that is why this industry of gambling and the exchanges, of the brokers, each one earns whatever, but who makes more money than the other, the truth is I wouldn't know? It could be that someone dedicates themselves to studying the statistics to determine who can earn more or less, but it is something that It doesn't make any sense, I have seen casinos that have the options so you can do a quick tab, especially the casinos that are decentralized, and that have the most moving ones in the current market.

There are many ways to present things well, or present them badly, we are the ones who decide how to spend our money, how to invest it, how to use it, if we want to invest in the stock market, in some actions that the brokers give us, well why not? It can be done, there is a lot at stake there, but we have to take into consideration that when we are in a casino the ones who decide are us and no one else, we are the ones who hear the risk, based on our money, if we want multi Spending our money, we are the ones who take the risk of betting too much or too little, depending on what is appropriate for the person, a person can spend a lot of money in a casino, and still be happy, a person spends a lot in a broker and he may not be happy with what he does, because that's not his thing, so this is a set of assumptions that can be made to be Able to determine if what we are doing is right or wrong, it's all a decision.

[fingnome]

Casinos like brokers have their way of making money as the business progresses, obviously the bookmakers win when they have a good streak in which they manage to sell the shares that they are assigned, it is normal, it is their way of life. sell, the casinos are a company above all, they will sell but in another way, everyone knows the advantage of the casinos, they have their own options to do things well, and that they are acceptable, so that is why this industry of gambling and the exchanges, of the brokers, each one earns whatever, but who makes more money than the other, the truth is I wouldn't know? It could be that someone dedicates themselves to studying the statistics to determine who can earn more or less, but it is something that It doesn't make any sense, I have seen casinos that have the options so you can do a quick tab, especially the casinos that are decentralized, and that have the most moving ones in the current market.

There are many ways to present things well, or present them badly, we are the ones who decide how to spend our money, how to invest it, how to use it, if we want to invest in the stock market, in some actions that the brokers give us, well why not? It can be done, there is a lot at stake there, but we have to take into consideration that when we are in a casino the ones who decide are us and no one else, we are the ones who hear the risk, based on our money, if we want multi Spending our money, we are the ones who take the risk of betting too much or too little, depending on what is appropriate for the person, a person can spend a lot of money in a casino, and still be happy, a person spends a lot in a broker and he may not be happy with what he does, because that's not his thing, so this is a set of assumptions that can be made to be Able to determine if what we are doing is right or wrong, it's all a decision.

Absolutely, your points are valid and it's true that at the end of the day, every individual has the power of choice. However, isn't it about transparency and understanding the playing field? With casinos, the odds are clear, the risks apparent. But when it comes to brokers, are most people fully aware? You mention the intellectual person, but what about the vast majority who aren't in the know? Are they truly aware of the subtle nudges brokers employ to encourage more trading? Or are they unknowingly being steered into making decisions they might not have otherwise? Isn't it essential for everyone, regardless of their level of understanding, to have a clear picture?

[LUCKMCFLY]

Casinos like brokers have their way of making money as the business progresses, obviously the bookmakers win when they have a good streak in which they manage to sell the shares that they are assigned, it is normal, it is their way of life. sell, the casinos are a company above all, they will sell but in another way, everyone knows the advantage of the casinos, they have their own options to do things well, and that they are acceptable, so that is why this industry of gambling and the exchanges, of the brokers, each one earns whatever, but who makes more money than the other, the truth is I wouldn't know? It could be that someone dedicates themselves to studying the statistics to determine who can earn more or less, but it is something that It doesn't make any sense, I have seen casinos that have the options so you can do a quick tab, especially the casinos that are decentralized, and that have the most moving ones in the current market.

There are many ways to present things well, or present them badly, we are the ones who decide how to spend our money, how to invest it, how to use it, if we want to invest in the stock market, in some actions that the brokers give us, well why not? It can be done, there is a lot at stake there, but we have to take into consideration that when we are in a casino the ones who decide are us and no one else, we are the ones who hear the risk, based on our money, if we want multi Spending our money, we are the ones who take the risk of betting too much or too little, depending on what is appropriate for the person, a person can spend a lot of money in a casino, and still be happy, a person spends a lot in a broker and he may not be happy with what he does, because that's not his thing, so this is a set of assumptions that can be made to be Able to determine if what we are doing is right or wrong, it's all a decision.

Absolutely, your points are valid and it's true that at the end of the day, every individual has the power of choice. However, isn't it about transparency and understanding the playing field? With casinos, the odds are clear, the risks apparent. But when it comes to brokers, are most people fully aware? You mention the intellectual person, but what about the vast majority who aren't in the know? Are they truly aware of the subtle nudges brokers employ to encourage more trading? Or are they unknowingly being steered into making decisions they might not have otherwise? Isn't it essential for everyone, regardless of their level of understanding, to have a clear picture?

Well, what I think about this is that when one refers to brokers as stockbrokers, it is another thing, they are interested in you as a client spending money and that they have spent money, what does that mean? In the case of brokers, they are interested in having enough money deposited in them and letting the card go and see how they use it, then there is the stockbroker who tells or calls the person to tell them that there is an opportunity in the market. , which is a stock that is low, but that in a short time can go up quite a bit, even up to x10, but in reality the broker does not know it, because what he wants is to sell and collect his commission , that is what this is about There is no other way out but that, basically people are sometimes fooled, especially those who have a lot of money, who talk to them about actions or things that they have to do three times as much as they have and that turns out to be a lot of lies.

And that is something that is good for stockbrokers, for them it is excellent that they can do something like that, because they know very well that when it comes to how to know if they can generate better results, it is by selling in some way, and that is what they They do, now with the casinos it is something else, each casino has its different point of view, they win because the player plays, bets, and if he loses they win, if the gambler wins, they lose , but based on the advantage of the house Well, they have many options to be able to win, because their basic business is winning due to the number of players who will enter and spend, that's what this is about, and the more customers, the better because there is more opportunity for them to win, they are based only on the advantage from the house and that is enough to guarantee the Business, of course in the casinos there is everything, there are players who are small, medium, large, and well they basically stick to doing things as they believe it is in vain to multiply their identity, Something like that for me is what brokers do, but in a different context.

[fingnome]

Casinos like brokers have their way of making money as the business progresses, obviously the bookmakers win when they have a good streak in which they manage to sell the shares that they are assigned, it is normal, it is their way of life. sell, the casinos are a company above all, they will sell but in another way, everyone knows the advantage of the casinos, they have their own options to do things well, and that they are acceptable, so that is why this industry of gambling and the exchanges, of the brokers, each one earns whatever, but who makes more money than the other, the truth is I wouldn't know? It could be that someone dedicates themselves to studying the statistics to determine who can earn more or less, but it is something that It doesn't make any sense, I have seen casinos that have the options so you can do a quick tab, especially the casinos that are decentralized, and that have the most moving ones in the current market.

There are many ways to present things well, or present them badly, we are the ones who decide how to spend our money, how to invest it, how to use it, if we want to invest in the stock market, in some actions that the brokers give us, well why not? It can be done, there is a lot at stake there, but we have to take into consideration that when we are in a casino the ones who decide are us and no one else, we are the ones who hear the risk, based on our money, if we want multi Spending our money, we are the ones who take the risk of betting too much or too little, depending on what is appropriate for the person, a person can spend a lot of money in a casino, and still be happy, a person spends a lot in a broker and he may not be happy with what he does, because that's not his thing, so this is a set of assumptions that can be made to be Able to determine if what we are doing is right or wrong, it's all a decision.

Absolutely, your points are valid and it's true that at the end of the day, every individual has the power of choice. However, isn't it about transparency and understanding the playing field? With casinos, the odds are clear, the risks apparent. But when it comes to brokers, are most people fully aware? You mention the intellectual person, but what about the vast majority who aren't in the know? Are they truly aware of the subtle nudges brokers employ to encourage more trading? Or are they unknowingly being steered into making decisions they might not have otherwise? Isn't it essential for everyone, regardless of their level of understanding, to have a clear picture?

Well, what I think about this is that when one refers to brokers as stockbrokers, it is another thing, they are interested in you as a client spending money and that they have spent money, what does that mean? In the case of brokers, they are interested in having enough money deposited in them and letting the card go and see how they use it, then there is the stockbroker who tells or calls the person to tell them that there is an opportunity in the market. , which is a stock that is low, but that in a short time can go up quite a bit, even up to x10, but in reality the broker does not know it, because what he wants is to sell and collect his commission , that is what this is about There is no other way out but that, basically people are sometimes fooled, especially those who have a lot of money, who talk to them about actions or things that they have to do three times as much as they have and that turns out to be a lot of lies.

And that is something that is good for stockbrokers, for them it is excellent that they can do something like that, because they know very well that when it comes to how to know if they can generate better results, it is by selling in some way, and that is what they They do, now with the casinos it is something else, each casino has its different point of view, they win because the player plays, bets, and if he loses they win, if the gambler wins, they lose , but based on the advantage of the house Well, they have many options to be able to win, because their basic business is winning due to the number of players who will enter and spend, that's what this is about, and the more customers, the better because there is more opportunity for them to win, they are based only on the advantage from the house and that is enough to guarantee the Business, of course in the casinos there is everything, there are players who are small, medium, large, and well they basically stick to doing things as they believe it is in vain to multiply their identity, Something like that for me is what brokers do, but in a different context.

Given your detailed insight, it prompts the question: Are brokers and casinos both just playing on human psychology, albeit in different contexts, to ensure their own profits? Where does the line between legitimate business strategy and manipulation begin to blur?

[delfastTions]

Given your detailed insight, it prompts the question: Are brokers and casinos both just playing on human psychology, albeit in different contexts, to ensure their own profits? Where does the line between legitimate business strategy and manipulation begin to blur?

Yeah!  I think that indeed brokers are, to a very large extent, psychologists who are obviously aimed at one single result in the form of receiving money from the client. 
Usually a broker is presented to a person who is not experienced in matters of broker activity as such a very knowledgeable person who will not commit any stupid or rash actions with the client’s money and will definitely increase the client’s capital.  On the other hand, the broker looks at the client just like a psychologist, and the main question here is how such a client will behave in case of failure.  And the second question is what percentage of the profit, if successful, will this client agree to.  These assessments obviously then go into deciding how the broker should communicate with such a person.  And here the broker can use various manipulative tactics.  He can imagine himself from a dashing cowboy who succeeds in everything, to a thoughttful and meticulous accountant in glasses who will accurately calculate everything. 

Of course, I cannot call these nuances of the broker’s behavior deception, or even less call them fraud, but they are definitely a performance played out in front of the client for one single and understandable purpose.

[LUCKMCFLY]

Given your detailed insight, it prompts the question: Are brokers and casinos both just playing on human psychology, albeit in different contexts, to ensure their own profits? Where does the line between legitimate business strategy and manipulation begin to blur?

Yeah!  I think that indeed brokers are, to a very large extent, psychologists who are obviously aimed at one single result in the form of receiving money from the client. 
Usually a broker is presented to a person who is not experienced in matters of broker activity as such a very knowledgeable person who will not commit any stupid or rash actions with the client’s money and will definitely increase the client’s capital.  On the other hand, the broker looks at the client just like a psychologist, and the main question here is how such a client will behave in case of failure.  And the second question is what percentage of the profit, if successful, will this client agree to.  These assessments obviously then go into deciding how the broker should communicate with such a person.  And here the broker can use various manipulative tactics.  He can imagine himself from a dashing cowboy who succeeds in everything, to a thoughttful and meticulous accountant in glasses who will accurately calculate everything. 

Of course, I cannot call these nuances of the broker’s behavior deception, or even less call them fraud, but they are definitely a performance played out in front of the client for one single and understandable purpose.

From all this, what we must take as a lesson is that in trading, based on what trading and the market are, things are calculated and must be done this way and not left to chance, which is very different from the management that It is done in a casino, I have also seen that many brokers that are being banned, there is a large blacklist of brokers because they have a very bad reputation, they are not recommended, for that reason we are always looking for the best broker with the best of all the opinions on the part of their traders, also that some brokers make certain operations lose on purpose, and that is something that is not ethical, however, I say it very sadly because I have been in brokers like that, and it is angry that they do lose yourself through a stop loss and once they touch it they follow the normal course of the chart, as well as the broker is quite reserved regarding the right of admission to certain countries, which seems quite stupid to me, but there are brokers like that, The same thing has happened to me in forex.

With respect to cryptobrokers, I have not had much experience, because the mere fact that the KYC is very demanding, is something that bothers me, and that I do not like to go on, because in part they require many documents that are difficult to keep in mind. oncasinos and there are also others that do not accept a type of identification, it happened to me that I could not register even with my driver's license, because at that time I lost my passport, and they did not accept my registration, so it is just the case that sometimes they can They may seem very stupid but some traders like me do not recommend it to their friends, and I have many friends who trade and I tell you, do not get involved there because of the amount of things they demand, that they do, and possibly do not process a withdrawal, As happened to me recently, I have not been able to make a withdrawal of money, they do not accept a withdrawal to another account that is not mine, due to a problem that I currently have with one of those accounts.

[Ojima-ojo]

Business is business actually, there is no need to get jealous, like I will always say, if I find a business to be very profitable, and that I can make profit with zero chances of a loss, I definitely will go into the business if I have the money and connection to set and start up the business, we live in a free world after all, with enough money and the right connection, anybody and get the license to run what ever kind of business they so wish or desire to run.

Brokers might be winning with every single trade we carry out, and this they do with zero risk of loses, but rest assured that, they also have their challenges to battle with, there is no business in this could without any form of challenge, their challenges might not be in term of making profit, but in other aspects like government, regulations, paying taxes and so on.

[delfastTions]

Given your detailed insight, it prompts the question: Are brokers and casinos both just playing on human psychology, albeit in different contexts, to ensure their own profits? Where does the line between legitimate business strategy and manipulation begin to blur?

Yeah!  I think that indeed brokers are, to a very large extent, psychologists who are obviously aimed at one single result in the form of receiving money from the client. 
Usually a broker is presented to a person who is not experienced in matters of broker activity as such a very knowledgeable person who will not commit any stupid or rash actions with the client’s money and will definitely increase the client’s capital.  On the other hand, the broker looks at the client just like a psychologist, and the main question here is how such a client will behave in case of failure.  And the second question is what percentage of the profit, if successful, will this client agree to.  These assessments obviously then go into deciding how the broker should communicate with such a person.  And here the broker can use various manipulative tactics.  He can imagine himself from a dashing cowboy who succeeds in everything, to a thoughttful and meticulous accountant in glasses who will accurately calculate everything. 

Of course, I cannot call these nuances of the broker’s behavior deception, or even less call them fraud, but they are definitely a performance played out in front of the client for one single and understandable purpose.

From all this, what we must take as a lesson is that in trading, based on what trading and the market are, things are calculated and must be done this way and not left to chance, which is very different from the management that It is done in a casino, I have also seen that many brokers that are being banned, there is a large blacklist of brokers because they have a very bad reputation, they are not recommended, for that reason we are always looking for the best broker with the best of all the opinions on the part of their traders, also that some brokers make certain operations lose on purpose, and that is something that is not ethical, however, I say it very sadly because I have been in brokers like that, and it is angry that they do lose yourself through a stop loss and once they touch it they follow the normal course of the chart, as well as the broker is quite reserved regarding the right of admission to certain countries, which seems quite stupid to me, but there are brokers like that, The same thing has happened to me in forex.

With respect to cryptobrokers, I have not had much experience, because the mere fact that the KYC is very demanding, is something that bothers me, and that I do not like to go on, because in part they require many documents that are difficult to keep in mind. oncasinos and there are also others that do not accept a type of identification, it happened to me that I could not register even with my driver's license, because at that time I lost my passport, and they did not accept my registration, so it is just the case that sometimes they can They may seem very stupid but some traders like me do not recommend it to their friends, and I have many friends who trade and I tell you, do not get involved there because of the amount of things they demand, that they do, and possibly do not process a withdrawal, As happened to me recently, I have not been able to make a withdrawal of money, they do not accept a withdrawal to another account that is not mine, due to a problem that I currently have with one of those accounts.

Yeah, you are right, sometimes brokers make such cunning transaction schemes that as a result, part of the money is deliberately wasted and the client may well lose part of what he gave to the broker.  And these actions cannot even be called fraud because these actions do not fall under those considered fraud in accordance with criminal law.  This is interpreted by the broker as simplly failures in the transaction or a risky transaction that did not take place.  And everything here is generally completely legal.  All that remains is to somehow inform the client about the failure of the investment without causing any serious litigation. 
I think that most brokers go through such scenarios in their activities.

[LUCKMCFLY]

Given your detailed insight, it prompts the question: Are brokers and casinos both just playing on human psychology, albeit in different contexts, to ensure their own profits? Where does the line between legitimate business strategy and manipulation begin to blur?

Yeah!  I think that indeed brokers are, to a very large extent, psychologists who are obviously aimed at one single result in the form of receiving money from the client. 
Usually a broker is presented to a person who is not experienced in matters of broker activity as such a very knowledgeable person who will not commit any stupid or rash actions with the client’s money and will definitely increase the client’s capital.  On the other hand, the broker looks at the client just like a psychologist, and the main question here is how such a client will behave in case of failure.  And the second question is what percentage of the profit, if successful, will this client agree to.  These assessments obviously then go into deciding how the broker should communicate with such a person.  And here the broker can use various manipulative tactics.  He can imagine himself from a dashing cowboy who succeeds in everything, to a thoughttful and meticulous accountant in glasses who will accurately calculate everything. 

Of course, I cannot call these nuances of the broker’s behavior deception, or even less call them fraud, but they are definitely a performance played out in front of the client for one single and understandable purpose.

From all this, what we must take as a lesson is that in trading, based on what trading and the market are, things are calculated and must be done this way and not left to chance, which is very different from the management that It is done in a casino, I have also seen that many brokers that are being banned, there is a large blacklist of brokers because they have a very bad reputation, they are not recommended, for that reason we are always looking for the best broker with the best of all the opinions on the part of their traders, also that some brokers make certain operations lose on purpose, and that is something that is not ethical, however, I say it very sadly because I have been in brokers like that, and it is angry that they do lose yourself through a stop loss and once they touch it they follow the normal course of the chart, as well as the broker is quite reserved regarding the right of admission to certain countries, which seems quite stupid to me, but there are brokers like that, The same thing has happened to me in forex.

With respect to cryptobrokers, I have not had much experience, because the mere fact that the KYC is very demanding, is something that bothers me, and that I do not like to go on, because in part they require many documents that are difficult to keep in mind. oncasinos and there are also others that do not accept a type of identification, it happened to me that I could not register even with my driver's license, because at that time I lost my passport, and they did not accept my registration, so it is just the case that sometimes they can They may seem very stupid but some traders like me do not recommend it to their friends, and I have many friends who trade and I tell you, do not get involved there because of the amount of things they demand, that they do, and possibly do not process a withdrawal, As happened to me recently, I have not been able to make a withdrawal of money, they do not accept a withdrawal to another account that is not mine, due to a problem that I currently have with one of those accounts.

Yeah, you are right, sometimes brokers make such cunning transaction schemes that as a result, part of the money is deliberately wasted and the client may well lose part of what he gave to the broker.  And these actions cannot even be called fraud because these actions do not fall under those considered fraud in accordance with criminal law.  This is interpreted by the broker as simplly failures in the transaction or a risky transaction that did not take place.  And everything here is generally completely legal.  All that remains is to somehow inform the client about the failure of the investment without causing any serious litigation. 
I think that most brokers go through such scenarios in their activities.

Yes, and the truth is there are many who always do this as a kind of mockery , because there are people who do not know much about what brokers are and how Everything related to brokers works, because there are some who do make very high deposits , and then they don't respond to them for anything, they prefer that they lose the money and not give them a good Return on it, also one day I came across a broker where they asked for KYC at the Beginning, I did it, but before withdrawing my money everything was a worse Protocol, because they asked me for more Papers, plus it was difficult to get those documents at that time , it took About 3 months until I was finally able to get that money, but I never went to that broker again , because it seemed to me They are somewhat fraudulent with their very simple procedures, I Would not be able to do Things well if I came across brokers of that style, not only for brokers but with the forex aspect as well , especially what I said above, the stop loss lines They make it sound and they Return to the normality of the movement, and they believe that one as a market speculator does not Realize it.

With respect to the casino, well, it is something else, now what is most difficult and difficult is that when you have to do something you must always comply with the KYC requirements and that is already in all the casinos, the one that had the least problem was freebitco.in , but at this point they are already asking for KYC, which seems very bad to me, and it is a shame because this platform for me was the best Everywhere and now with this, they fall into the worst of the rest, it gives a I'm a bit angry that they become like this , but that's life , Everyone is already Falling into stupid regulations that aren't even worth mentioning , for that reason I in the casinos Recommend to everyone that I can grab almost anything that is Reliable, of high Reputation who have children who are still reliable and who do not let themselves fall into new casinos who don't even Know Anything.

[delfastTions]

With respect to the casino, well, it is something else, now what is most difficult and difficult is that when you have to do something you must always comply with the KYC requirements and that is already in all the casinos, the one that had the least problem was freebitco.in , but at this point they are already asking for KYC, which seems very bad to me, and it is a shame because this platform for me was the best Everywhere and now with this, they fall into the worst of the rest, it gives a I'm a bit angry that they become like this , but that's life , Everyone is already Falling into stupid regulations that aren't even worth mentioning , for that reason I in the casinos Recommend to everyone that I can grab almost anything that is Reliable, of high Reputation who have children who are still reliable and who do not let themselves fall into new casinos who don't even Know Anything.

All these endless KYC identity verifications are definitely evil for players in crypto casinos and it is obvious that they piss players off all the time. 
Especially when this happens unexpectedly and you are unable to get your winnings that you need.  Well, such a disgrace as waiting 3 months for the transfer of money honestly earned by a player and also endlessly sending scans of some documents to some casino that is not at all authorized by state authorities, which actually violates laws on personal data - this  already the height of cynicism and self-will.  And this is naturally a violation of one of the fundamental human rights under international law. 

It would be great if in the USA there was a grokup of serious lawyers who, through the courts, would create a precedent for illegality and KYC requirements in specific cases and would judge a person’s right to remain anonymous when playing in a casino. 
Let's hope that this will happen in the foreseeable future.

[mak013]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

It is so. In trading if you win - someone lose. But the broker get his commission from both of traders. In the casino if the gambler win - the casino lose. It is more honest. But the casino has their own tricks to get profit. In trading the broker commission is small enough, but the casino get all the prize.
This is the difference between broker and casino: the casino risks but get a big prize, the broker is safe, but the profit is small for every deal.

[Slow death]

With respect to the casino, well, it is something else, now what is most difficult and difficult is that when you have to do something you must always comply with the KYC requirements and that is already in all the casinos, the one that had the least problem was freebitco.in , but at this point they are already asking for KYC, which seems very bad to me, and it is a shame because this platform for me was the best Everywhere and now with this, they fall into the worst of the rest, it gives a I'm a bit angry that they become like this , but that's life , Everyone is already Falling into stupid regulations that aren't even worth mentioning , for that reason I in the casinos Recommend to everyone that I can grab almost anything that is Reliable, of high Reputation who have children who are still reliable and who do not let themselves fall into new casinos who don't even Know Anything.

All these endless KYC identity verifications are definitely evil for players in crypto casinos and it is obvious that they piss players off all the time. 
Especially when this happens unexpectedly and you are unable to get your winnings that you need.  Well, such a disgrace as waiting 3 months for the transfer of money honestly earned by a player and also endlessly sending scans of some documents to some casino that is not at all authorized by state authorities, which actually violates laws on personal data - this  already the height of cynicism and self-will.  And this is naturally a violation of one of the fundamental human rights under international law. 

It would be great if in the USA there was a grokup of serious lawyers who, through the courts, would create a precedent for illegality and KYC requirements in specific cases and would judge a person’s right to remain anonymous when playing in a casino. 
Let's hope that this will happen in the foreseeable future.

It seems to me that this measure is not just coming from the US government, but rather coming from many countries, as in cases of increasing terrorism in the world, the governments of first world countries have started to put tough KYC measures, but this measure is still it did not affect the cryptocurrency market, this is because the cryptocurrency market is not a regulated market, there are no laws on cryptocurrencies, the US governments, like many governments, accept that their citizens use cryptocurrencies, but these governments have not yet made laws on cryptocurrencies. but as this market started to move a lot of money and unfortunately, many large mixer sites began to appear that were involved in serious crimes

and also in this market, a few years ago, anonymity coins were very popular and terrorists and criminals used these anonymity coins a lot, so governments had no other choice and put kyc measures in place for exchange sites, in the beginning it was not mandatory and like many exchanges do not have company headquarters, just as many casinos do not have physical offices, so casino owners did not need to comply with these laws, but crypto exchanges and casinos began to sponsor real-world events, and with that the entities of the owners of the exchanges and casinos was revealed and as in the past many exchange owners, when arrested, were accused of money laundering, so casinos and exchanges started to force people to do kyc

[delfastTions]

With respect to the casino, well, it is something else, now what is most difficult and difficult is that when you have to do something you must always comply with the KYC requirements and that is already in all the casinos, the one that had the least problem was freebitco.in , but at this point they are already asking for KYC, which seems very bad to me, and it is a shame because this platform for me was the best Everywhere and now with this, they fall into the worst of the rest, it gives a I'm a bit angry that they become like this , but that's life , Everyone is already Falling into stupid regulations that aren't even worth mentioning , for that reason I in the casinos Recommend to everyone that I can grab almost anything that is Reliable, of high Reputation who have children who are still reliable and who do not let themselves fall into new casinos who don't even Know Anything.

All these endless KYC identity verifications are definitely evil for players in crypto casinos and it is obvious that they piss players off all the time. 
Especially when this happens unexpectedly and you are unable to get your winnings that you need.  Well, such a disgrace as waiting 3 months for the transfer of money honestly earned by a player and also endlessly sending scans of some documents to some casino that is not at all authorized by state authorities, which actually violates laws on personal data - this  already the height of cynicism and self-will.  And this is naturally a violation of one of the fundamental human rights under international law. 

It would be great if in the USA there was a grokup of serious lawyers who, through the courts, would create a precedent for illegality and KYC requirements in specific cases and would judge a person’s right to remain anonymous when playing in a casino. 
Let's hope that this will happen in the foreseeable future.

It seems to me that this measure is not just coming from the US government, but rather coming from many countries, as in cases of increasing terrorism in the world, the governments of first world countries have started to put tough KYC measures, but this measure is still it did not affect the cryptocurrency market, this is because the cryptocurrency market is not a regulated market, there are no laws on cryptocurrencies, the US governments, like many governments, accept that their citizens use cryptocurrencies, but these governments have not yet made laws on cryptocurrencies. but as this market started to move a lot of money and unfortunately, many large mixer sites began to appear that were involved in serious crimes

Everything that you wrote, of course, takes place in the real world and the regulation of cryptocurrencies will probably be done at the legislative level, first in the USA, and then, as I think, by analogy with the legislation of the USA and similar laws in other countries.  In this regulation of cryptocurrencies, it is important to maintain at least partial possibility of anonymous payments, which is an integral property and advantage of cryptocurrencies.  But only so that law-abiding citizens can do this.  Nor could criminals do it.  This is an insoluble issue in practice; it seems to me that it is extremely difficult to find a compromise, and legislators simply don’t even seem to know how to solve it optimally.  A nd by introducing KYC everywhere, they of course destroy anonymity.  And along with the criminals who will be prevented from transferring money, ordinary, good citizens, for whom it is important to remain anonymous in some payment matters, will also suffer.  I believe that completely eliminating anonymity with laws and making almost banking transparency in crypto-payments is wrong, I hope the bill will take into account the public need for anonymous and legal payments.  And somehow they will filter out the possibilities of crimin al use of cryptocurrencies.

[Synchronice]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

[mak013]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

[bitbollo]

It's no secret that many financial trading sites are more like casinos than real financial platform.
and it is also true that thanks to commissions they always earn from the market trend...they have also pushed boundaries with trading leverage and so on...

we live in a "monopoly of free choice" everyone chooses the service that satisfies them most or that in general offers fewer mysteries... unfortunately it is part of the business...

[Synchronice]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

[avp2306]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

To many reputable exchange and other top coins in the market turn into scam so we cannot conclude anything about those reputable platform or coins since none of them have zero risk since they can compromise anyone if they encounter troubles since to many people experience that and we also see a lot of claims regarding how much money they lose from scamming incident happened in that scenarios.

So we should not close anything here that some of them good and some may not since its the same we have high chance to lose our fund especially if we are not careful enough to get some updates about them and also for letting our hard earned funds in their control so we make sure if we want to avoid the risk is to store our funds beyond our control and just transact with them when we need it.

[LUCKMCFLY]

With respect to the casino, well, it is something else, now what is most difficult and difficult is that when you have to do something you must always comply with the KYC requirements and that is already in all the casinos, the one that had the least problem was freebitco.in , but at this point they are already asking for KYC, which seems very bad to me, and it is a shame because this platform for me was the best Everywhere and now with this, they fall into the worst of the rest, it gives a I'm a bit angry that they become like this , but that's life , Everyone is already Falling into stupid regulations that aren't even worth mentioning , for that reason I in the casinos Recommend to everyone that I can grab almost anything that is Reliable, of high Reputation who have children who are still reliable and who do not let themselves fall into new casinos who don't even Know Anything.

All these endless KYC identity verifications are definitely evil for players in crypto casinos and it is obvious that they piss players off all the time. 
Especially when this happens unexpectedly and you are unable to get your winnings that you need.  Well, such a disgrace as waiting 3 months for the transfer of money honestly earned by a player and also endlessly sending scans of some documents to some casino that is not at all authorized by state authorities, which actually violates laws on personal data - this  already the height of cynicism and self-will.  And this is naturally a violation of one of the fundamental human rights under international law. 

It would be great if in the USA there was a grokup of serious lawyers who, through the courts, would create a precedent for illegality and KYC requirements in specific cases and would judge a person’s right to remain anonymous when playing in a casino. 
Let's hope that this will happen in the foreseeable future.

It seems to me that this measure is not just coming from the US government, but rather coming from many countries, as in cases of increasing terrorism in the world, the governments of first world countries have started to put tough KYC measures, but this measure is still it did not affect the cryptocurrency market, this is because the cryptocurrency market is not a regulated market, there are no laws on cryptocurrencies, the US governments, like many governments, accept that their citizens use cryptocurrencies, but these governments have not yet made laws on cryptocurrencies. but as this market started to move a lot of money and unfortunately, many large mixer sites began to appear that were involved in serious crimes

Everything that you wrote, of course, takes place in the real world and the regulation of cryptocurrencies will probably be done at the legislative level, first in the USA, and then, as I think, by analogy with the legislation of the USA and similar laws in other countries.  In this regulation of cryptocurrencies, it is important to maintain at least partial possibility of anonymous payments, which is an integral property and advantage of cryptocurrencies.  But only so that law-abiding citizens can do this.  Nor could criminals do it.  This is an insoluble issue in practice; it seems to me that it is extremely difficult to find a compromise, and legislators simply don’t even seem to know how to solve it optimally.  A nd by introducing KYC everywhere, they of course destroy anonymity.  And along with the criminals who will be prevented from transferring money, ordinary, good citizens, for whom it is important to remain anonymous in some payment matters, will also suffer.  I believe that completely eliminating anonymity with laws and making almost banking transparency in crypto-payments is wrong, I hope the bill will take into account the public need for anonymous and legal payments.  And somehow they will filter out the possibilities of crimin al use of cryptocurrencies.

He is right about everything, what I can say about this is that every time the USA makes one of these movies, it is not for something good, it is to take away freedoms, I am a peron because it has always been in decline with the regulation because at one time The government and banks in the world did not give importance to Bitcoin, now that everything is being talked about and they know that the Bitcoin economy is much larger and more Robust , because they want to do more things to be able to keep it up to date, I really do. I think about this is that as long as we are in a world where everything is centralized, things with casinos will be the same, with crypto too, I have seen many who agree with taxes, I have seen many who use Bitcoin and agree I agree, I think that that irreverence that I always mention no longer exists, because we are people who are always looking for something more, with Bitcoin things are Different, we are an economy that is free of all control , perhaps that is why the governments and banks act in that way.-

If we look at it, if we let Governments get back into this technology and banks thing again, then it's because we like to live in an almost squalid system, a system where we like them to take the yoke and start doing things like this in a brave way, in an obligatory way, and I really don't understand, I don't understand the human Being for being so submissive, even in this thing that is completely free, we are wrong, in the majority of exchanges, it is secure KYC  , in the Brokers all before entering must comply with the KYC, now with the casinos too, I think everything has somehow been made public that privacy is no longer relevant , the Mixers are persecuted by the governments as if they were the worst thing , when we know that the Biggest crimes have been carried out with fiat money, then sometimes I see that Saying that this gives rise to crimes is Something that is not right , of course it is my personal opinion.

[Hamphser]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

To many reputable exchange and other top coins in the market turn into scam so we cannot conclude anything about those reputable platform or coins since none of them have zero risk since they can compromise anyone if they encounter troubles since to many people experience that and we also see a lot of claims regarding how much money they lose from scamming incident happened in that scenarios.

So we should not close anything here that some of them good and some may not since its the same we have high chance to lose our fund especially if we are not careful enough to get some updates about them and also for letting our hard earned funds in their control so we make sure if we want to avoid the risk is to store our funds beyond our control and just transact with them when we need it.

This is why you should really be that making yourself that aware about those potential risks. Always put up into your mind that not your keys then its not your coins on this kind of principle on which it would really be always reminding you that you shouldnt really be storing up your assets into those platforms because anytime it could really be experiencing those issues which it would really be leading up into those loss of funds.
In regarding on what OP been saying about raking up with fees, then its normal since this is a business on which it would really be just that not shocking that they will really be making up money out of those
trades been done by those traders. Why would really be that minding much on how they do make money in the first place? You are doing trades into their platform, you are really that making
those buy an sell and it is really just that normal that they would really be monetizing on the site that they had built. So i dont really see any issues not unless if you do have  that kind of personal hate
towards them. lol

[Fatunad]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

To many reputable exchange and other top coins in the market turn into scam so we cannot conclude anything about those reputable platform or coins since none of them have zero risk since they can compromise anyone if they encounter troubles since to many people experience that and we also see a lot of claims regarding how much money they lose from scamming incident happened in that scenarios.

So we should not close anything here that some of them good and some may not since its the same we have high chance to lose our fund especially if we are not careful enough to get some updates about them and also for letting our hard earned funds in their control so we make sure if we want to avoid the risk is to store our funds beyond our control and just transact with them when we need it.

This is why you should really be that making yourself that aware about those potential risks. Always put up into your mind that not your keys then its not your coins on this kind of principle on which it would really be always reminding you that you shouldnt really be storing up your assets into those platforms because anytime it could really be experiencing those issues which it would really be leading up into those loss of funds.
In regarding on what OP been saying about raking up with fees, then its normal since this is a business on which it would really be just that not shocking that they will really be making up money out of those
trades been done by those traders. Why would really be that minding much on how they do make money in the first place? You are doing trades into their platform, you are really that making
those buy an sell and it is really just that normal that they would really be monetizing on the site that they had built. So i dont really see any issues not unless if you do have  that kind of personal hate
towards them. lol

Business is business and nothing personal.  

There are really just those people who dont really like for these companies to make money out of them as if they do have those kind of feeling that they had been robbed. haha
If you dont like for them to get some fees out of your trades then just simply dont make trades or make use of their platform on which it is really just that selfish kind of thinking.
They do make use of capital when building up this platform so its just normal that they will really be making money out of it.

Doesnt matter if we do speak about stocks/forex/crypto/ or even casino. Every platform been made would really be minding on how to make profits on giving out such service to people.

[Odusko]

You know how casinos lay it all out, they're taking a gamble just like us. But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

The broker/casino as you refer to our business setups that are out to make profits and nothing more than that, and sure it requires alot of capital to start up a casino and for sure if you have no huge amount as bankroll as a broker, it will still be hard to start up on a food ground, this is much more prevalent if as a gambler you won a jackpot that can put a hole in the balance of the casino and sure that will be a hit on them also, so while you are thinking of how much the house make and what percentage accumulator their use to collect their 3administrative fees, it make no sense to us as gamblers to pay too much attention to that and leaving behind what make the most sense to us which is just fun and nothing more and regardless of how much the casino may earn, it still ball down to what risk their have to face to get to that level on revenue generations.

[mak013]

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

It is true, that exchanges has their cryptocurrencies reserves, but Luna scam doesn`t means that exchanges lost their money due to their operations. It is like earthquake - you lose something, but it doesn`t depends on your actions. About leverage - the situation is the same. The exchange wants to maximize their profit with adding trading pairs that they don`t plan to trade on the market. So in this situation they become trader. If they work as they must - they have no risks with their activities.

[delfastTions]

~snip ~

~ snip ~

It seems to me that this measure is not just coming from the US government, but rather coming from many countries, as in cases of increasing terrorism in the world, the governments of first world countries have started to put tough KYC measures, but this measure is still it did not affect the cryptocurrency market, this is because the cryptocurrency market is not a regulated market, there are no laws on cryptocurrencies, the US governments, like many governments, accept that their citizens use cryptocurrencies, but these governments have not yet made laws on cryptocurrencies. but as this market started to move a lot of money and unfortunately, many large mixer sites began to appear that were involved in serious crimes

Everything that you wrote, of course, takes place in the real world and the regulation of cryptocurrencies will probably be done at the legislative level, first in the USA, and then, as I think, by analogy with the legislation of the USA and similar laws in other countries.  In this regulation of cryptocurrencies, it is important to maintain at least partial possibility of anonymous payments, which is an integral property and advantage of cryptocurrencies.  But only so that law-abiding citizens can do this.  Nor could criminals do it.  This is an insoluble issue in practice; it seems to me that it is extremely difficult to find a compromise, and legislators simply don’t even seem to know how to solve it optimally.  A nd by introducing KYC everywhere, they of course destroy anonymity.  And along with the criminals who will be prevented from transferring money, ordinary, good citizens, for whom it is important to remain anonymous in some payment matters, will also suffer.  I believe that completely eliminating anonymity with laws and making almost banking transparency in crypto-payments is wrong, I hope the bill will take into account the public need for anonymous and legal payments.  And somehow they will filter out the possibilities of crimin al use of cryptocurrencies.

He is right about everything, what I can say about this is that every time the USA makes one of these movies, it is not for something good, it is to take away freedoms, I am a peron because it has always been in decline with the regulation because at one time The government and banks in the world did not give importance to Bitcoin, now that everything is being talked about and they know that the Bitcoin economy is much larger and more Robust , because they want to do more things to be able to keep it up to date, I really do. I think about this is that as long as we are in a world where everything is centralized, things with casinos will be the same, with crypto too, I have seen many who agree with taxes, I have seen many who use Bitcoin and agree I agree, I think that that irreverence that I always mention no longer exists, because we are people who are always looking for something more, with Bitcoin things are Different, we are an economy that is free of all control , perhaps that is why the governments and banks act in that way.-

If we look at it, if we let Governments get back into this technology and banks thing again, then it's because we like to live in an almost squalid system, a system where we like them to take the yoke and start doing things like this in a brave way, in an obligatory way, and I really don't understand, I don't understand the human Being for being so submissive, even in this thing that is completely free, we are wrong, in the majority of exchanges, it is secure KYC  , in the Brokers all before entering must comply with the KYC, now with the casinos too, I think everything has somehow been made public that privacy is no longer relevant , the Mixers are persecuted by the governments as if they were the worst thing , when we know that the Biggest crimes have been carried out with fiat money, then sometimes I see that Saying that this gives rise to crimes is Something that is not right , of course it is my personal opinion.

I share your opinion!  
Of course, now all possibilities for direct anonymous payments between people using Bitcoin and other cryptocurrencies are gradually being lost.  We increasingly feel an attack on the economic freedom of citizens from the banking community and the governments of different countries practically controlled by it.  This a archaic financial system with the mandatory participation of an intermediary such as a bank in non-cash payments cannot begin to disappear and, naturally, suits both those who greatly enrich themselves from this and governments that always keep their people in an almost slave state.  due to exploitation.  Unfortunately, this system is very strong and stable.  And there is still no real sign that Bitcoin and this blockchain technology have begun to beat the traditional banking system.  On the contrary, the banking community has seized the initiative by introducing the use of CBDC everywhere.  
Probably, if humanity remembers and strives for a free world, then this will probably happen after 5 generations of people, or even more.  
In this matter, I, unfortunately, have a pessimistic view of reality.

[Synchronice]

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

It is true, that exchanges has their cryptocurrencies reserves, but Luna scam doesn`t means that exchanges lost their money due to their operations. It is like earthquake - you lose something, but it doesn`t depends on your actions. About leverage - the situation is the same. The exchange wants to maximize their profit with adding trading pairs that they don`t plan to trade on the market. So in this situation they become trader. If they work as they must - they have no risks with their activities.

I am just giving you a LUNA example to prove that it's not as risk free business as it sounds. It's also true that exchanges really make money out of thin air when they take some percentage from your spot, margin and other trading types. Also, exchanges hold the biggest cryptocurrency reserves and you know, once your coins are gone, they are gone forever. They need to invest more in security, marketing and so on.
By the way, to be frank, both, casino and exchanges are great businesses in terms of risks and profits.

[AmoreJaz]

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

It is true, that exchanges has their cryptocurrencies reserves, but Luna scam doesn`t means that exchanges lost their money due to their operations. It is like earthquake - you lose something, but it doesn`t depends on your actions. About leverage - the situation is the same. The exchange wants to maximize their profit with adding trading pairs that they don`t plan to trade on the market. So in this situation they become trader. If they work as they must - they have no risks with their activities.

I am just giving you a LUNA example to prove that it's not as risk free business as it sounds. It's also true that exchanges really make money out of thin air when they take some percentage from your spot, margin and other trading types. Also, exchanges hold the biggest cryptocurrency reserves and you know, once your coins are gone, they are gone forever. They need to invest more in security, marketing and so on.
By the way, to be frank, both, casino and exchanges are great businesses in terms of risks and profits.

let us put it this way, in every business, they have their own risks that they are battling with. we can't say there's none because if that's the case, then there's a particular business that everyone would go to because there's no risk involved. but we can say, we can reduce the risks by meticulously choosing which projects are you going to invest with. but even then, don't assure yourself that you won't encounter any problem or possible losses.

both casino and exchanges have their own battles when it comes to risks. they also have their own set of customers.
however, i believe they share the same risks in the following aspects -
- cybersecurity (hacking, data breach, malware, etc)
- fraud
- compliance
- customer issues/complaints

it will only come in different form but both of them are prone to the above risks.

[Eternad]

let us put it this way, in every business, they have their own risks that they are battling with. we can't say there's none because if that's the case, then there's a particular business that everyone would go to because there's no risk involved.

You are pertaining to user risk on using the business platform and not the business risk itself because the user quoted example is a risk by user when use the platform. Exchange has less risk for their business because they are just facilitating the trading platform and gains fees on all transactions happening inside while Casino is literally battling against players money in able to profit using games with their advantage.

Business have different purposes that’s why the risk involved varies because exchange is designed for financial tool purposes while casino is for entertainment purposes only.

[mak013]

If we are talking about exchanges, who really works with market - they has no risk with leverage. If the trade loses - they close his position. If the trader wins - they don`t pay their own money - they get it from the market. But if some exchange make fake deals with their own money - you are right and they can lose all their money. But mostly in such situation we here that this exchange is "bankrupt" or, if we are talking about cryptocurrency exchanges - "the hackers steal the money".

Do you remember Terra Luna collapse? Exchanges hold some reserves of every listed coin. These coins were very popular and exchanges lost millions of dollars after its collapse. So, this is not a zero risk business.
Let's talk about leverage too. If trader loses, they close their position as you said it well, that's really risk-free but when trader wins, exchanges have to pay their own money as far as I know because not every trading pair has 3rd party liquidity provider.

It is true, that exchanges has their cryptocurrencies reserves, but Luna scam doesn`t means that exchanges lost their money due to their operations. It is like earthquake - you lose something, but it doesn`t depends on your actions. About leverage - the situation is the same. The exchange wants to maximize their profit with adding trading pairs that they don`t plan to trade on the market. So in this situation they become trader. If they work as they must - they have no risks with their activities.

I am just giving you a LUNA example to prove that it's not as risk free business as it sounds. It's also true that exchanges really make money out of thin air when they take some percentage from your spot, margin and other trading types. Also, exchanges hold the biggest cryptocurrency reserves and you know, once your coins are gone, they are gone forever. They need to invest more in security, marketing and so on.
By the way, to be frank, both, casino and exchanges are great businesses in terms of risks and profits.

Every business has his own risks and expenses. I think that everybody agrees with it. But if we are talking about everyday activities - casino risks their money and the exchange don`t risk, if they works as they must.
And every user has risks except gambling/trading - he has to remember that every casino or exchange can cheat and can become bankrupt or just run away with all users money.

[Hamphser]

let us put it this way, in every business, they have their own risks that they are battling with. we can't say there's none because if that's the case, then there's a particular business that everyone would go to because there's no risk involved.

You are pertaining to user risk on using the business platform and not the business risk itself because the user quoted example is a risk by user when use the platform. Exchange has less risk for their business because they are just facilitating the trading platform and gains fees on all transactions happening inside while Casino is literally battling against players money in able to profit using games with their advantage.

Business have different purposes that’s why the risk involved varies because exchange is designed for financial tool purposes while casino is for entertainment purposes only.

If we do speak on investors or business owners perspective then of course there's really a risk on dealing up such business but i do see that exchangers do really make money with those fees that they are getting.
The risks that i could see rather would really be pertaining into the risk on getting hacked and some regulatory issues instead, as for gambling site then those fellas who are lucky guys  would be their pain in the ass kind of thing for them. They wouldnt really be liking to see those people who are lucky because it would really be affecting out their revenue but we do know that house do always win at the end.
There's no way that we could be able to go against with it.

Thing here is that if you do deal up with something then you should really be that responsible and be mindful on the actions that you are making.
You cant just that make yourself that deal up without knowing about those probabilities.

[Dunamisx]

You know how casinos lay it all out, they're taking a gamble just like us. But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

The broker/casino as you refer to our business setups that are out to make profits and nothing more than that, and sure it requires alot of capital to start up a casino and for sure if you have no huge amount as bankroll as a broker, it will still be hard to start up on a food ground, this is much more prevalent if as a gambler you won a jackpot that can put a hole in the balance of the casino and sure that will be a hit on them also, so while you are thinking of how much the house make and what percentage accumulator their use to collect their 3administrative fees, it make no sense to us as gamblers to pay too much attention to that and leaving behind what make the most sense to us which is just fun and nothing more and regardless of how much the casino may earn, it still ball down to what risk their have to face to get to that level on revenue generations.

Brokers are different from the casinos or exchanges, what we see about them is more to what they really constituted, i personally don't trust the brokers at all by any means, why i said this was because of their personal intention on manipulations, which sometimes hides under the covering of them trying to make a business or transaction happened but in the real sense they are the ones against it because of their personal interest.

[Fivestar4everMVP]

You know how casinos lay it all out, they're taking a gamble just like us. But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

The broker/casino as you refer to our business setups that are out to make profits and nothing more than that, and sure it requires alot of capital to start up a casino and for sure if you have no huge amount as bankroll as a broker, it will still be hard to start up on a food ground, this is much more prevalent if as a gambler you won a jackpot that can put a hole in the balance of the casino and sure that will be a hit on them also, so while you are thinking of how much the house make and what percentage accumulator their use to collect their 3administrative fees, it make no sense to us as gamblers to pay too much attention to that and leaving behind what make the most sense to us which is just fun and nothing more and regardless of how much the casino may earn, it still ball down to what risk their have to face to get to that level on revenue generations.

Brokers are different from the casinos or exchanges, what we see about them is more to what they really constituted, i personally don't trust the brokers at all by any means, why i said this was because of their personal intention on manipulations, which sometimes hides under the covering of them trying to make a business or transaction happened but in the real sense they are the ones against it because of their personal interest.

You are right, will say that brokers are the major manipulators in the foreign exchange market, I have traded forex before but this was a long time ago, I do not know how the Forex market functions now but back then, we were taught while attending some Forex class that a traders win is some how, a loss to the brokers that the trader is under, and likewise, the trader's loss is a win to the broker the trader is trading under.
So, for this reason, they can manipulate the market to a great extent to make sure that most traders trading under them do not win their trades, its like in gambling casinos where some casinos support game providers to manipulate the outcome of games being played on a slot machine, online or offline.

So, in all that the op mentioned, I support that, brokers are the most untrustworthy when it comes to the financial market.

[LUCKMCFLY]

~snip ~

~ snip ~

It seems to me that this measure is not just coming from the US government, but rather coming from many countries, as in cases of increasing terrorism in the world, the governments of first world countries have started to put tough KYC measures, but this measure is still it did not affect the cryptocurrency market, this is because the cryptocurrency market is not a regulated market, there are no laws on cryptocurrencies, the US governments, like many governments, accept that their citizens use cryptocurrencies, but these governments have not yet made laws on cryptocurrencies. but as this market started to move a lot of money and unfortunately, many large mixer sites began to appear that were involved in serious crimes

Everything that you wrote, of course, takes place in the real world and the regulation of cryptocurrencies will probably be done at the legislative level, first in the USA, and then, as I think, by analogy with the legislation of the USA and similar laws in other countries.  In this regulation of cryptocurrencies, it is important to maintain at least partial possibility of anonymous payments, which is an integral property and advantage of cryptocurrencies.  But only so that law-abiding citizens can do this.  Nor could criminals do it.  This is an insoluble issue in practice; it seems to me that it is extremely difficult to find a compromise, and legislators simply don’t even seem to know how to solve it optimally.  A nd by introducing KYC everywhere, they of course destroy anonymity.  And along with the criminals who will be prevented from transferring money, ordinary, good citizens, for whom it is important to remain anonymous in some payment matters, will also suffer.  I believe that completely eliminating anonymity with laws and making almost banking transparency in crypto-payments is wrong, I hope the bill will take into account the public need for anonymous and legal payments.  And somehow they will filter out the possibilities of crimin al use of cryptocurrencies.

He is right about everything, what I can say about this is that every time the USA makes one of these movies, it is not for something good, it is to take away freedoms, I am a peron because it has always been in decline with the regulation because at one time The government and banks in the world did not give importance to Bitcoin, now that everything is being talked about and they know that the Bitcoin economy is much larger and more Robust , because they want to do more things to be able to keep it up to date, I really do. I think about this is that as long as we are in a world where everything is centralized, things with casinos will be the same, with crypto too, I have seen many who agree with taxes, I have seen many who use Bitcoin and agree I agree, I think that that irreverence that I always mention no longer exists, because we are people who are always looking for something more, with Bitcoin things are Different, we are an economy that is free of all control , perhaps that is why the governments and banks act in that way.-

If we look at it, if we let Governments get back into this technology and banks thing again, then it's because we like to live in an almost squalid system, a system where we like them to take the yoke and start doing things like this in a brave way, in an obligatory way, and I really don't understand, I don't understand the human Being for being so submissive, even in this thing that is completely free, we are wrong, in the majority of exchanges, it is secure KYC  , in the Brokers all before entering must comply with the KYC, now with the casinos too, I think everything has somehow been made public that privacy is no longer relevant , the Mixers are persecuted by the governments as if they were the worst thing , when we know that the Biggest crimes have been carried out with fiat money, then sometimes I see that Saying that this gives rise to crimes is Something that is not right , of course it is my personal opinion.

I share your opinion!  
Of course, now all possibilities for direct anonymous payments between people using Bitcoin and other cryptocurrencies are gradually being lost.  We increasingly feel an attack on the economic freedom of citizens from the banking community and the governments of different countries practically controlled by it.  This a archaic financial system with the mandatory participation of an intermediary such as a bank in non-cash payments cannot begin to disappear and, naturally, suits both those who greatly enrich themselves from this and governments that always keep their people in an almost slave state.  due to exploitation.  Unfortunately, this system is very strong and stable.  And there is still no real sign that Bitcoin and this blockchain technology have begun to beat the traditional banking system.  On the contrary, the banking community has seized the initiative by introducing the use of CBDC everywhere.  
Probably, if humanity remembers and strives for a free world, then this will probably happen after 5 generations of people, or even more.  
In this matter, I, unfortunately, have a pessimistic view of reality.

I think something , I live in a country where many consider it as if it were very full of communists and where there is a Dictatorship , but coincidentally they only control the mining, they do not control what Concerns others, things like bitcoin transactions or Something like that , nor that They make a mandatory registration of those who use crypto , I am not one of those who will register for such a thing , now we are generating this type of comments where Obviously the most Sponsors in the world and governments are the most Developed Countries , it's not others, it's them, the USA wants to destroy Bitcoin, I don't remember who it was that said that a senator wanted to put an end to bitcoin, and control it, but it's funny , how can I control it ? lol , it's something that Only governments can Believe , they believe they are omnipotent, so when we get down to it we could generate more things to do, and Compared to other governments, at least the one I'm in, they don't control as much as in Europe or they want do it in the USA, the truth is I don't know who they are who violate our rights, ?

The freedoms that we all demand must be respected and among those should be completely what is referred to as alternative economies , bitcoin and all crypto , also the things that can be controlled can obviously be what they have in their database systems , privacy and anonymity is something that no one should interfere with, neither governments nor third parties, so all this becomes a war that is declared and that is always evident everywhere, from casinos with KYC , to brokers , From the outset they are polite and ask you for a KYC before making any Deposit , not like the casinos that say deposit and ask for the KYC at the time of Withdrawing , and that is if the Person manages to have a good execution and win, that is what we We must see, it is something that is like in the Code of each Government , seeing how they take Away people's Freedoms.

[delfastTions]

~snip ~

~ snip ~

~ snip ~

~ snip ~

~ snip ~

I share your opinion!  
Of course, now all possibilities for direct anonymous payments between people using Bitcoin and other cryptocurrencies are gradually being lost.  We increasingly feel an attack on the economic freedom of citizens from the banking community and the governments of different countries practically controlled by it.  This a archaic financial system with the mandatory participation of an intermediary such as a bank in non-cash payments cannot begin to disappear and, naturally, suits both those who greatly enrich themselves from this and governments that always keep their people in an almost slave state.  due to exploitation.  Unfortunately, this system is very strong and stable.  And there is still no real sign that Bitcoin and this blockchain technology have begun to beat the traditional banking system.  On the contrary, the banking community has seized the initiative by introducing the use of CBDC everywhere.  
Probably, if humanity remembers and strives for a free world, then this will probably happen after 5 generations of people, or even more.  
In this matter, I, unfortunately, have a pessimistic view of reality.

I think something , I live in a country where many consider it as if it were very full of communists and where there is a Dictatorship , but coincidentally they only control the mining, they do not control what Concerns others, things like bitcoin transactions or Something like that , nor that They make a mandatory registration of those who use crypto , I am not one of those who will register for such a thing , now we are generating this type of comments where Obviously the most Sponsors in the world and governments are the most Developed Countries , it's not others, it's them, the USA wants to destroy Bitcoin, I don't remember who it was that said that a senator wanted to put an end to bitcoin, and control it, but it's funny , how can I control it ? lol , it's something that Only governments can Believe , they believe they are omnipotent, so when we get down to it we could generate more things to do, and Compared to other governments, at least the one I'm in, they don't control as much as in Europe or they want do it in the USA, the truth is I don't know who they are who violate our rights, ?

The freedoms that we all demand must be respected and among those should be completely what is referred to as alternative economies , bitcoin and all crypto , also the things that can be controlled can obviously be what they have in their database systems , privacy and anonymity is something that no one should interfere with, neither governments nor third parties, so all this becomes a war that is declared and that is always evident everywhere, from casinos with KYC , to brokers , From the outset they are polite and ask you for a KYC before making any Deposit , not like the casinos that say deposit and ask for the KYC at the time of Withdrawing , and that is if the Person manages to have a good execution and win, that is what we We must see, it is something that is like in the Code of each Government , seeing how they take Away people's Freedoms.

By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

[LUCKMCFLY]

~snip ~

~ snip ~

~ snip ~

~ snip ~

~ snip ~

I share your opinion!  
Of course, now all possibilities for direct anonymous payments between people using Bitcoin and other cryptocurrencies are gradually being lost.  We increasingly feel an attack on the economic freedom of citizens from the banking community and the governments of different countries practically controlled by it.  This a archaic financial system with the mandatory participation of an intermediary such as a bank in non-cash payments cannot begin to disappear and, naturally, suits both those who greatly enrich themselves from this and governments that always keep their people in an almost slave state.  due to exploitation.  Unfortunately, this system is very strong and stable.  And there is still no real sign that Bitcoin and this blockchain technology have begun to beat the traditional banking system.  On the contrary, the banking community has seized the initiative by introducing the use of CBDC everywhere.  
Probably, if humanity remembers and strives for a free world, then this will probably happen after 5 generations of people, or even more.  
In this matter, I, unfortunately, have a pessimistic view of reality.

I think something , I live in a country where many consider it as if it were very full of communists and where there is a Dictatorship , but coincidentally they only control the mining, they do not control what Concerns others, things like bitcoin transactions or Something like that , nor that They make a mandatory registration of those who use crypto , I am not one of those who will register for such a thing , now we are generating this type of comments where Obviously the most Sponsors in the world and governments are the most Developed Countries , it's not others, it's them, the USA wants to destroy Bitcoin, I don't remember who it was that said that a senator wanted to put an end to bitcoin, and control it, but it's funny , how can I control it ? lol , it's something that Only governments can Believe , they believe they are omnipotent, so when we get down to it we could generate more things to do, and Compared to other governments, at least the one I'm in, they don't control as much as in Europe or they want do it in the USA, the truth is I don't know who they are who violate our rights, ?

The freedoms that we all demand must be respected and among those should be completely what is referred to as alternative economies , bitcoin and all crypto , also the things that can be controlled can obviously be what they have in their database systems , privacy and anonymity is something that no one should interfere with, neither governments nor third parties, so all this becomes a war that is declared and that is always evident everywhere, from casinos with KYC , to brokers , From the outset they are polite and ask you for a KYC before making any Deposit , not like the casinos that say deposit and ask for the KYC at the time of Withdrawing , and that is if the Person manages to have a good execution and win, that is what we We must see, it is something that is like in the Code of each Government , seeing how they take Away people's Freedoms.

By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

Well the truth is that everything is very interesting, when I Sstart to think about all the Implications that they have to do and see with the KYC, they should not put much effort into this , since they are regulations, but for example a person that handles funds under $2k should not require KYC, and these are Documents that we could handle with great intensity if we intensify our security measures, what you say is very interesting because as long as we are in a casino we don't know Anything new comes to mind all these possible things that we can do so that we can have the privilege of doing things Better and more when we know that things are quite Emphatic in the sense that things can be affected for our anonymity and privacy , our privacy It is always good to Maintain it , I Know that some say that privacy is no longer Necessary , that Sooner or later the deaths will be made Known no matter what, but I believe that things Should always be enjoyed as they are.

In this order of ideas, things can be Affected if we go to the Level that if we are not Interested , then in some way our data will be filtered, and although Things can Sometimes be Seen without any danger, it is not very advisable that things be seen Thus, for me it is necessary that things be done to protect our security, our data security is Necessary , not only in our funds but in everything that can be good to have a better understanding of what we are Getting into.

The KYC will always be Necessary so that we can Choose whether to do it or not , and as I said before it is better to comply with it in casinos that are one you know are Reliable , highly Reliable , have a very good reputation and that are always at the forefront of doing things. sbetter, always seeking continuous Improvement.

[Woodie]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk.

I believe you got this broker thing all wrong!!

From my experience from using different brokers, if you looking for tight spreads when it comes to executing trades..most likely you will encounter commissions which will be higher as a service for executing a trade or using their  platform, and btw depends on what assets you trade, but it doesn't cost an arm and a leg and if you don't want to miss trades, or not tagged into a trade better pay these small fees!!!

As for gambling, it's usually based on what you see is what you get but unfortunately the risk here is high but at the end of the day pick something that works for you!!!

[EarnOnVictor]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Everything has to do with the business model, you can't compare the business model of casinos with brokerages. Also, nothing is out of risk or expenses outrightly, they have enough to risk and spend money upon as a company. Without going too deep into that, I would like you to know that there are many types of brokerage arrangements, we have market makers, STP, DMA, ECN, prime and many more. All of these arrangements except one are passing the risk of the traders into the raw market pool which makes them out of the trading risk as their customers lose to the market and gain from the market and the brokers are earning through the spread, commission and swaps majorly.

But the market maker type of brokerage is not like that, the broker will be the one paying when the trader gains and gain when the trader loses. Some brokerage arrangements will mix the two together depending on the kind of trader they are dealing with. They would have studied his trading performances over time to know the arrangement that would be best fit for him to the advantage of the company. So, nothing is without risk here and it is the reason why it is difficult for some brokers to pay their big traders at times because they are too small for the arrangement they opted for or it can cause them not to be able to pay many small clients if they have to pay a huge amount at a time. This is why every informed trader will always beware of the internal dealing kind of brokers. If there are too many professional and successful traders in their company, it can ruin them easily if they do not eject them.

[delfastTions]

~snip ~
......

By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

Well the truth is that everything is very interesting, when I Sstart to think about all the Implications that they have to do and see with the KYC, they should not put much effort into this , since they are regulations, but for example a person that handles funds under $2k should not require KYC, and these are Documents that we could handle with great intensity if we intensify our security measures, what you say is very interesting because as long as we are in a casino we don't know Anything new comes to mind all these possible things that we can do so that we can have the privilege of doing things Better and more when we know that things are quite Emphatic in the sense that things can be affected for our anonymity and privacy , our privacy It is always good to Maintain it , I Know that some say that privacy is no longer Necessary , that Sooner or later the deaths will be made Known no matter what, but I believe that things Should always be enjoyed as they are.

In this order of ideas, things can be Affected if we go to the Level that if we are not Interested , then in some way our data will be filtered, and although Things can Sometimes be Seen without any danger, it is not very advisable that things be seen Thus, for me it is necessary that things be done to protect our security, our data security is Necessary , not only in our funds but in everything that can be good to have a better understanding of what we are Getting into.

The KYC will always be Necessary so that we can Choose whether to do it or not , and as I said before it is better to comply with it in casinos that are one you know are Reliable , highly Reliable , have a very good reputation and that are always at the forefront of doing things. sbetter, always seeking continuous Improvement.

Here the question naturally arises about what personal data the user of the service must provide as part of the KYC procedure in order, for example, to play calmly and safely in a casino.  
It’s one thing when for KYC it’s enough to provide only your email address and nothing else.  
Then there is another confirmation by  mobile phone (this is more accurate data for identifying the player due to the SIM card).  
The next step could be to confirm the gadget by its identification number.  
But this kind of KYC, where the casino requires photographs of the face and documents, this is already called confidential personal data.  
And the requirements for their collection, storage and use are established by law.  For example, in the European Union, this is a regulation called GDPR (General Data Protection Regulation).  
In many cases, when it comes to providing your own confidential personal data to some service, you should refer to the redundancy of the requested data and maybe even dissuade their support from insisting on sending photographs and scans of documents.  This is completely legal.  
Moreover, in case of suspicion of fraud, law enforcement agencies are able to find out who you are simply by having only an email.  And the rest of the data is collected for marketing and advertising.  And this can be disputed.

[LUCKMCFLY]

~snip ~
......

By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

Well the truth is that everything is very interesting, when I Sstart to think about all the Implications that they have to do and see with the KYC, they should not put much effort into this , since they are regulations, but for example a person that handles funds under $2k should not require KYC, and these are Documents that we could handle with great intensity if we intensify our security measures, what you say is very interesting because as long as we are in a casino we don't know Anything new comes to mind all these possible things that we can do so that we can have the privilege of doing things Better and more when we know that things are quite Emphatic in the sense that things can be affected for our anonymity and privacy , our privacy It is always good to Maintain it , I Know that some say that privacy is no longer Necessary , that Sooner or later the deaths will be made Known no matter what, but I believe that things Should always be enjoyed as they are.

In this order of ideas, things can be Affected if we go to the Level that if we are not Interested , then in some way our data will be filtered, and although Things can Sometimes be Seen without any danger, it is not very advisable that things be seen Thus, for me it is necessary that things be done to protect our security, our data security is Necessary , not only in our funds but in everything that can be good to have a better understanding of what we are Getting into.

The KYC will always be Necessary so that we can Choose whether to do it or not , and as I said before it is better to comply with it in casinos that are one you know are Reliable , highly Reliable , have a very good reputation and that are always at the forefront of doing things. sbetter, always seeking continuous Improvement.

Here the question naturally arises about what personal data the user of the service must provide as part of the KYC procedure in order, for example, to play calmly and safely in a casino.  
It’s one thing when for KYC it’s enough to provide only your email address and nothing else.  
Then there is another confirmation by  mobile phone (this is more accurate data for identifying the player due to the SIM card).  
The next step could be to confirm the gadget by its identification number.  
But this kind of KYC, where the casino requires photographs of the face and documents, this is already called confidential personal data.  
And the requirements for their collection, storage and use are established by law.  For example, in the European Union, this is a regulation called GDPR (General Data Protection Regulation).  
In many cases, when it comes to providing your own confidential personal data to some service, you should refer to the redundancy of the requested data and maybe even dissuade their support from insisting on sending photographs and scans of documents.  This is completely legal.  
Moreover, in case of suspicion of fraud, law enforcement agencies are able to find out who you are simply by having only an email.  And the rest of the data is collected for marketing and advertising.  And this can be disputed.

It's like this, things can really be very determining when we are in the process of registering an account, for example, and when I go to register with any broker they always ask me for KYC, and it is how you say it, with phone number, with some documents, ID or even passport, that is something obligatory that I always do, I don't do it in any broker, because there is a whole list of brokers that make people do fraudulent things or worse still, there are brokers that when we are doing trading, they know Exactly where the resistances are, the supports, when we are doing some trading and we use a system, sometimes this makes me hit the stop loss and follow the natural movement of the action, that has happened to me with some brokers and again it is quite detestable, even with my personal data there, that is the other danger, it also happens like this in the exchanges, in that way we have a lot of data, sometimes they even do small KYC of our face when it is a somewhat substantial withdrawal, and once like that, one The best ones like Biancence always have the premise of kneeling in front of the authority of any country to provide information about their clients, something that seems disrespectful to me.

So this exchange does do things that way and yet many are still there to think that their data is provided in its entirety with everything they have to do and do, in this order we should see things from the closest point of view. That this would always be a big risk for everything, in the casinos, what are we to believe, if the brokers do it and the exchanges do it, what then is left for the casinos? The casinos that always depend on where they are to make their license moves, that is something we must see to make you think about what everything related to our data implies.

[delfastTions]

~snip ~
......

By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

Well the truth is that everything is very interesting, when I Sstart to think about all the Implications that they have to do and see with the KYC, they should not put much effort into this , since they are regulations, but for example a person that handles funds under $2k should not require KYC, and these are Documents that we could handle with great intensity if we intensify our security measures, what you say is very interesting because as long as we are in a casino we don't know Anything new comes to mind all these possible things that we can do so that we can have the privilege of doing things Better and more when we know that things are quite Emphatic in the sense that things can be affected for our anonymity and privacy , our privacy It is always good to Maintain it , I Know that some say that privacy is no longer Necessary , that Sooner or later the deaths will be made Known no matter what, but I believe that things Should always be enjoyed as they are.

In this order of ideas, things can be Affected if we go to the Level that if we are not Interested , then in some way our data will be filtered, and although Things can Sometimes be Seen without any danger, it is not very advisable that things be seen Thus, for me it is necessary that things be done to protect our security, our data security is Necessary , not only in our funds but in everything that can be good to have a better understanding of what we are Getting into.

The KYC will always be Necessary so that we can Choose whether to do it or not , and as I said before it is better to comply with it in casinos that are one you know are Reliable , highly Reliable , have a very good reputation and that are always at the forefront of doing things. sbetter, always seeking continuous Improvement.

Here the question naturally arises about what personal data the user of the service must provide as part of the KYC procedure in order, for example, to play calmly and safely in a casino.  
It’s one thing when for KYC it’s enough to provide only your email address and nothing else.  
Then there is another confirmation by  mobile phone (this is more accurate data for identifying the player due to the SIM card).  
The next step could be to confirm the gadget by its identification number.  
But this kind of KYC, where the casino requires photographs of the face and documents, this is already called confidential personal data.  
And the requirements for their collection, storage and use are established by law.  For example, in the European Union, this is a regulation called GDPR (General Data Protection Regulation).  
In many cases, when it comes to providing your own confidential personal data to some service, you should refer to the redundancy of the requested data and maybe even dissuade their support from insisting on sending photographs and scans of documents.  This is completely legal.  
Moreover, in case of suspicion of fraud, law enforcement agencies are able to find out who you are simply by having only an email.  And the rest of the data is collected for marketing and advertising.  And this can be disputed.

It's like this, things can really be very determining when we are in the process of registering an account, for example, and when I go to register with any broker they always ask me for KYC, and it is how you say it, with phone number, with some documents, ID or even passport, that is something obligatory that I always do, I don't do it in any broker, because there is a whole list of brokers that make people do fraudulent things or worse still, there are brokers that when we are doing trading, they know Exactly where the resistances are, the supports, when we are doing some trading and we use a system, sometimes this makes me hit the stop loss and follow the natural movement of the action, that has happened to me with some brokers and again it is quite detestable, even with my personal data there, that is the other danger, it also happens like this in the exchanges, in that way we have a lot of data, sometimes they even do small KYC of our face when it is a somewhat substantial withdrawal, and once like that, one The best ones like Biancence always have the premise of kneeling in front of the authority of any country to provide information about their clients, something that seems disrespectful to me.

So this exchange does do things that way and yet many are still there to think that their data is provided in its entirety with everything they have to do and do, in this order we should see things from the closest point of view. That this would always be a big risk for everything, in the casinos, what are we to believe, if the brokers do it and the exchanges do it, what then is left for the casinos? The casinos that always depend on where they are to make their license moves, that is something we must see to make you think about what everything related to our data implies.

To my deep regret, almost all cryptocurrency users have now begun to get used to the fact that if cryptocurrency payments are used in some service that provides the service the user needs, for example, a crypto casino, it requires passing an identity check using the KYC procedure.  This, in my opinion, is a completely wrong course of events in the crypto industry.  Simply because cryptocurrency was invented to ensure anonymity and guarantee the authenticity and reliability of payment information.  This is precisely the most important quality of the blockchain and Satoshi’s brilliant invention in general.  But gradually, the authorities of different countries instructed cryptocurrency lovers to need KYC, although payments in cryptocurrency do not require such identification at all.  This disgusting invention that you must provide your personal data significantly spoils the entire huge sector of anonymous payments in the financial world. 
And “money laundering” is “bullshit” that the security forces of different countries came up with in order to make their lives easier and catch only those who have money instead of catching those who actually have tons of cocaine or tons of weapons.  Law enforcement agencies simply easily catch such criminals, and this probably makes it easy for them to report on their effective work.
 In short, the anonymity of payments should be preserved, and cryptocurrency lovers should, as much as possible, ignore the use of services with mandatory KYC.
 And prefer services that do not require KYC.  In the long run, this would benefit all of humanity, I think.

[EarnOnVictor]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk.

I believe you got this broker thing all wrong!!

From my experience from using different brokers, if you looking for tight spreads when it comes to executing trades..most likely you will encounter commissions which will be higher as a service for executing a trade or using their  platform, and btw depends on what assets you trade, but it doesn't cost an arm and a leg and if you don't want to miss trades, or not tagged into a trade better pay these small fees!!!

As for gambling, it's usually based on what you see is what you get but unfortunately the risk here is high but at the end of the day pick something that works for you!!!

It is obvious that this guy knows so little or nothing about brokers and it seems you know quite better. I even wonder why he is comparing them together as they are not the same business models, they do not just relate. Only that if you trade, you can lose but this doesn't automatically translate to the fact that you will lose into the pocket of the broker. But when you lose gambling, it is sure that you lose to the pocket of the house, and if you gain as well, you gain from the pocket of the house. I wonder what this guy would say of the prime and ECN brokers and many others, they are always channelling your orders into the raw market pool, they do not influence anything but rely on the Spread, Swap and Commission they charge you when you open the trade.

You will therefore lose to the market and gain from the market without them having the dealing desk arrangement or influencing your decision. I wonder how they will get to be comparable to the way the guy makes it look. It's only the market maker type of broker that does otherwise, but such is not common these days in my experience, and it is just to avoid the issues associated with payments which they might not be able to fulfil in some cases. They therefore prefer to direct the whole risk to the raw market pool.

[LUCKMCFLY]

~snip ~
......

By the way, in some cases, when you are asked to provide Personal Data and undergo identity verification under the KYC procedure, you can ask support a question about how legal this is in the jurisdiction in which the corresponding casino is registered.  And it is worth mentioning that the provision of such data is an action subject to legislation on the confidential nature of Personal Data.  And the casino is not a state-authorized body for collecting such information.  And by the way, it turns out that there are no such laws in the local jurisdiction.  And the collection of personal data is an initiative of the private business of this casino.  And you can also write to support that KYC violates the law on Personal Data, legislation on consumer protection and your right to privacy as a fundamental human right.  If after this you are required to perform KYC, then you must demand from support a response that is reasoned by legal norms.  But they won't be able to write it.  This is probably how you should defend your rights in the matter of player anonymity.  True, all this correspondence takes a lot of time.

Well the truth is that everything is very interesting, when I Sstart to think about all the Implications that they have to do and see with the KYC, they should not put much effort into this , since they are regulations, but for example a person that handles funds under $2k should not require KYC, and these are Documents that we could handle with great intensity if we intensify our security measures, what you say is very interesting because as long as we are in a casino we don't know Anything new comes to mind all these possible things that we can do so that we can have the privilege of doing things Better and more when we know that things are quite Emphatic in the sense that things can be affected for our anonymity and privacy , our privacy It is always good to Maintain it , I Know that some say that privacy is no longer Necessary , that Sooner or later the deaths will be made Known no matter what, but I believe that things Should always be enjoyed as they are.

In this order of ideas, things can be Affected if we go to the Level that if we are not Interested , then in some way our data will be filtered, and although Things can Sometimes be Seen without any danger, it is not very advisable that things be seen Thus, for me it is necessary that things be done to protect our security, our data security is Necessary , not only in our funds but in everything that can be good to have a better understanding of what we are Getting into.

The KYC will always be Necessary so that we can Choose whether to do it or not , and as I said before it is better to comply with it in casinos that are one you know are Reliable , highly Reliable , have a very good reputation and that are always at the forefront of doing things. sbetter, always seeking continuous Improvement.

Here the question naturally arises about what personal data the user of the service must provide as part of the KYC procedure in order, for example, to play calmly and safely in a casino.  
It’s one thing when for KYC it’s enough to provide only your email address and nothing else.  
Then there is another confirmation by  mobile phone (this is more accurate data for identifying the player due to the SIM card).  
The next step could be to confirm the gadget by its identification number.  
But this kind of KYC, where the casino requires photographs of the face and documents, this is already called confidential personal data.  
And the requirements for their collection, storage and use are established by law.  For example, in the European Union, this is a regulation called GDPR (General Data Protection Regulation).  
In many cases, when it comes to providing your own confidential personal data to some service, you should refer to the redundancy of the requested data and maybe even dissuade their support from insisting on sending photographs and scans of documents.  This is completely legal.  
Moreover, in case of suspicion of fraud, law enforcement agencies are able to find out who you are simply by having only an email.  And the rest of the data is collected for marketing and advertising.  And this can be disputed.

It's like this, things can really be very determining when we are in the process of registering an account, for example, and when I go to register with any broker they always ask me for KYC, and it is how you say it, with phone number, with some documents, ID or even passport, that is something obligatory that I always do, I don't do it in any broker, because there is a whole list of brokers that make people do fraudulent things or worse still, there are brokers that when we are doing trading, they know Exactly where the resistances are, the supports, when we are doing some trading and we use a system, sometimes this makes me hit the stop loss and follow the natural movement of the action, that has happened to me with some brokers and again it is quite detestable, even with my personal data there, that is the other danger, it also happens like this in the exchanges, in that way we have a lot of data, sometimes they even do small KYC of our face when it is a somewhat substantial withdrawal, and once like that, one The best ones like Biancence always have the premise of kneeling in front of the authority of any country to provide information about their clients, something that seems disrespectful to me.

So this exchange does do things that way and yet many are still there to think that their data is provided in its entirety with everything they have to do and do, in this order we should see things from the closest point of view. That this would always be a big risk for everything, in the casinos, what are we to believe, if the brokers do it and the exchanges do it, what then is left for the casinos? The casinos that always depend on where they are to make their license moves, that is something we must see to make you think about what everything related to our data implies.

To my deep regret, almost all cryptocurrency users have now begun to get used to the fact that if cryptocurrency payments are used in some service that provides the service the user needs, for example, a crypto casino, it requires passing an identity check using the KYC procedure.  This, in my opinion, is a completely wrong course of events in the crypto industry.  Simply because cryptocurrency was invented to ensure anonymity and guarantee the authenticity and reliability of payment information.  This is precisely the most important quality of the blockchain and Satoshi’s brilliant invention in general.  But gradually, the authorities of different countries instructed cryptocurrency lovers to need KYC, although payments in cryptocurrency do not require such identification at all.  This disgusting invention that you must provide your personal data significantly spoils the entire huge sector of anonymous payments in the financial world. 
And “money laundering” is “bullshit” that the security forces of different countries came up with in order to make their lives easier and catch only those who have money instead of catching those who actually have tons of cocaine or tons of weapons.  Law enforcement agencies simply easily catch such criminals, and this probably makes it easy for them to report on their effective work.
 In short, the anonymity of payments should be preserved, and cryptocurrency lovers should, as much as possible, ignore the use of services with mandatory KYC.
 And prefer services that do not require KYC.  In the long run, this would benefit all of humanity, I think.

Exactly I think the same, things are like that, since I can remember with respect to crypto, I have always seen people's comments and wow they are just like us Legends who have a lot of time in the forum, in experiences, and well I have seen Commenters who say this, that the KYC was done to prevent money Launderers, and wow, I say to myself now, isn't it known that the Largest money laundering is not done with crypto, but with other things? This is something that cannot be done, personally I am a person who has Always been in the middle of these things, and I live Next to a country where drug trafficking is rampant and the people are in businesses that, ugh, are shady and One sees that and knows that the biggest money launderers prefer to do it with fiat money, and it is nothing but that it reaches the north and Europe, things work like that, there is no other way, so when we look for a way to do it like that different things because basically things turn out well and they turn out like this, so I am from a world where I see and have seen things that almost no one has seen, well I say no, it is not with cryptio that they do money laundering.

But how does one let them know that these things are not like that? Where I live, people who are like that are told to insult them, you read them: "They lack street" and that is something that we must see clearly, so when we are looking for ways to make ourselves more anonymous, people usually look for the biggest excuses for things not to happen, privacy will always be something that neither governments nor banking entities like, that's the point that they don't like it because obviously there is no control so as I have always said , we do not honor Satoshi, who invented bitcoin to decentralize us and move away from the traditional economy that always makes slaves, with bitcoin we are free, but still many like to feel controlled, when with caisnso we must be even more Free .

[nimethasa]

if gambling I prefer sports betting. in crypto brokers I consider it a trading not gambling. example crypto broker in binance

[LUCKMCFLY]

if gambling I prefer sports betting. in crypto brokers I consider it a trading not gambling. example crypto broker in binance

Well I understand, what happens is that there is a person who always prefers all of these, because in some cases you have the exception of doing things better, that is, in whatever game it is, what I can say is that when we We do whatever it takes to be well, we have to consider what we want, if we want fun, we don't have to think about it, we just have to put in some money willing to lose and play, so when it comes to casinos, they have to know how to do things, because personally Things are very different when it comes to casinos, and gamblers are very lucky, there are people who confuse these things, they go down the path of doing everything by chance and in brokers and trading you can't to do that.

The understandings of people when it comes to exchanges , brokers , casinos , I would not put it as something that has to be a vs, because they are completely different things, in some brokers that admit things that are crypto trading, but what brokers and casinos have in Commo n, with the exahchnges mo for me is that they have to Comply with the blessed KYC, and that's the only thing they have in common, but I don't see anything else about the Rest, of course they are Controlled , that It also has a lot of influence, I Personally don't like to search a lot in the casino for that reason , without those who are known, usually the oldest ones because they give me a lot of Confidence, but I would say that each of us should know that it is only what We Want or how we can do so that we can be more profitable, but we have to know how to Differentiate, if we want Fun and we have money to lose, then we have to take the decisions, if it is definitely with the game  , but if it is to apply an analysis strategy Generally and fundamentally, it is best to do it through brokers with shares and exchanges for crypto, but all these activities must be done with absolute responsibility.

[EarnOnVictor]

if gambling I prefer sports betting. in crypto brokers I consider it a trading not gambling. example crypto broker in binance

I don't think you are on this planet, no one is making reference to the difference/comparison between them, but the OP is pointing out the fact that one is more exploitative than the other and also believing that people are not paying attention to it. In my opinion, the OP is just not rightly informed about the two as only a fractional type of broker is exploitative. Is "exploitative" even the right word to use? I do not think so. They are only doing their business, I mean the market maker type of brokerage, and when you lose, they will earn the entire money you lost, but when you gain, they will be the ones to pay the entire money you won.

This is a fair package as far as I am concerned and as long as they do not deny the person the money. All that matters is for the trader to be up and doing, or else, they will just be wasting their money in the pocket of the broker. What difference will that even make, won't they still waste it in the market pool if they lose with other brokerage types? I see nothing exploitative here inasmuch as the broker is fair in what it is selling.

[delfastTions]

~snip ~

~snip ~

~snip ~

~snip ~

To my deep regret, almost all cryptocurrency users have now begun to get used to the fact that if cryptocurrency payments are used in some service that provides the service the user needs, for example, a crypto casino, it requires passing an identity check using the KYC procedure.  This, in my opinion, is a completely wrong course of events in the crypto industry.  Simply because cryptocurrency was invented to ensure anonymity and guarantee the authenticity and reliability of payment information.  This is precisely the most important quality of the blockchain and Satoshi’s brilliant invention in general.  But gradually, the authorities of different countries instructed cryptocurrency lovers to need KYC, although payments in cryptocurrency do not require such identification at all.  This disgusting invention that you must provide your personal data significantly spoils the entire huge sector of anonymous payments in the financial world. 
And “money laundering” is “bullshit” that the security forces of different countries came up with in order to make their lives easier and catch only those who have money instead of catching those who actually have tons of cocaine or tons of weapons.  Law enforcement agencies simply easily catch such criminals, and this probably makes it easy for them to report on their effective work.
 In short, the anonymity of payments should be preserved, and cryptocurrency lovers should, as much as possible, ignore the use of services with mandatory KYC.
 And prefer services that do not require KYC.  In the long run, this would benefit all of humanity, I think.

Exactly I think the same, things are like that, since I can remember with respect to crypto, I have always seen people's comments and wow they are just like us Legends who have a lot of time in the forum, in experiences, and well I have seen Commenters who say this, that the KYC was done to prevent money Launderers, and wow, I say to myself now, isn't it known that the Largest money laundering is not done with crypto, but with other things? This is something that cannot be done, personally I am a person who has Always been in the middle of these things, and I live Next to a country where drug trafficking is rampant and the people are in businesses that, ugh, are shady and One sees that and knows that the biggest money launderers prefer to do it with fiat money, and it is nothing but that it reaches the north and Europe, things work like that, there is no other way, so when we look for a way to do it like that different things because basically things turn out well and they turn out like this, so I am from a world where I see and have seen things that almost no one has seen, well I say no, it is not with cryptio that they do money laundering.

But how does one let them know that these things are not like that? Where I live, people who are like that are told to insult them, you read them: "They lack street" and that is something that we must see clearly, so when we are looking for ways to make ourselves more anonymous, people usually look for the biggest excuses for things not to happen, privacy will always be something that neither governments nor banking entities like, that's the point that they don't like it because obviously there is no control so as I have always said , we do not honor Satoshi, who invented bitcoin to decentralize us and move away from the traditional economy that always makes slaves, with bitcoin we are free, but still many like to feel controlled, when with caisnso we must be even more Free .

Of course, when you play in a casino and do not provide your personal information to the casino, you feel much more freedom and independence from this game. 
But many cryptocurrency owners have now become obedient slaves of the system and, without even thinking much about it, send their confidential personal data anywhere as soon as they are asked.  Although, in this case, the casino often violates one of the principles of disseminating personal data, which is that a person should not provide an excessive amount of personal information.  A shall limit this information to only what is necessary to provide the relevant Service.  Many people simply don’t know about this and don’t even realize that they often don’t even have to send photographs of their faces or scans of documents.  And the requirement to provide such data is generally illegal. 
But, I repeat, unfortunately, the owners of cryptocurrencies have come to terms with KYC and even already consider it something to fight crime and guarantee the return of their funds.  But I believe that this is not so and I try to never provide KYC.

[EarnOnVictor]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Bitcoin brokers, aka Bitcoin exchanges are carrying a huge responsibility over their funds because once your bitcoins are gone, they are gone forever and you can't fix that. From one side, it looks like they make money out of thin air by taking a fee from each of your trade and that's true, they charge a lot but at the same time if we keep in mind the leverage trading, crypto exchanges risk here too since they are the liquidity providers. If many people open a long position on futures with high leverage and profit, exchange has to pay for their winnings.

I don't think you are being appropriate here, perhaps you are ill-informed on how these things work regarding the exchanges. If it were to be the traditional broker, well, I would still say that it is true of the market makers, but for the crypto exchanges, I think that you are so wrong about them. What I have noticed about the crypto exchange is that their trading (spot and futures) is structured in such a manner that their customers are the liquidity providers, and this is in addition to others who are willing to stake their money directly. The system works for itself and within itself, and this is evident by the times that they will specifically allow some people to join their liquidity pool.

So, it is practical that they are not the liquidity provider, and even if they are part of it since they are entitled to it, they are justified but are not the lone risk taker. But what the exchanges practice mostly is to create a crypto marketplace within their system where anyone can participate in it. If any trader loses, he will lose to the liquidity pool and this will be shared among all the providers of liquidity, which includes yourself if you invest in it, and it depends on the proportion of your stake in it. And the traders who win will win from you inclusive too. This is the fairest practice I've ever seen if you ask me even as the exchange itself is not greedy to take all the business and the money associated with it.

[LUCKMCFLY]

<Snip>

That's right, but the question here is how to avoid doing it if for almost everything they require KYC, I know there are people who are very extreme with their decisions, in fact since the KYC requirement came out I know that many players do not They have not even wanted to verify themselves because they know that things like this can be very different for them, they are people who have also left their personal data, they have not even been able to do anything so that they can leave their phone numbers, which is something that can be very well accepted, when it is like that not even that is allowed, then I imagine that this type of person is not in brokers, they are not in centralized exchanges and apart from that they do not have the way to do the same things like the majority who are Leaving KYC for all sides, but sometimes it's like feeling locked in a very big world and not being able to enjoy it because it is something that does hit.

Although this thing with anonymity, privacy and everything that has to do with No KYC has its great advantages, because I consider that this type of thing will always be something that cannot be done as it is.

I could think that when we are looking for fun, in brokers, exchanges or even in a casino , the closest one that was without KYC requirement was freebitco.in and now things sound very different because basically things are done well with KYC The truth is, I have not done anything to be on freebitco.in and be able to do things better , I will always say that things with this casino are good , the bad thing is that it joined that casino list that has KYC, now the things sound different, I don't know how demanding they are or what the Reason was for them to Change their policies so that it was like this now, so I don't know, but what I am forced to think is that I have only put my KYC in the casino of all life , only the most Reliable, there is no other.

[Slow death]

if gambling I prefer sports betting. in crypto brokers I consider it a trading not gambling. example crypto broker in binance

In my opinion when it comes to gambling, choosing to place sports bets or games that involve cards or other gambling games that do not depend on luck becomes a good choice because in the case of people who are putting money into gambling games that do not depend on luck, they are having greater chances of getting it right depending on the level of knowledge that these people have about the games in which they will place bets, while in the case that they keep playing games of chance that depend on luck, when they place money they must be aware that the money they put into the casino to play is already wasted money because the chances of them being able to get a big multiplier hit are extremely low chances

I believe that deep down most people are aware that if they play games of chance that depend on luck, they will lose most of the time they are playing, if they are playing with low multipliers then they may even have a situation in which the number of hits with the number of losses is not a huge difference, but the person will still be losing money. gambling is not an investment, trading is not an investment, so people need to be very clear that in all these options that the op mentioned, only investment is the only option that is really safe and profitable, the rest of the options only if I lost money .

In day trading, people lose more money than they can earn. In forex people also just keep losing more money than they can make, in binary options it's the same situation where people keep losing more money than they make. My advice is that if a person really wants to make profits in the long term, make an investment, make a long-term investment and that person will make profits. People shouldn't be fooling themselves, they need to know very well how to differentiate investments from gambling, forex and other things that only cause losses and should be seen as just fun

[delfastTions]

<Snip>

That's right, but the question here is how to avoid doing it if for almost everything they require KYC, I know there are people who are very extreme with their decisions, in fact since the KYC requirement came out I know that many players do not They have not even wanted to verify themselves because they know that things like this can be very different for them, they are people who have also left their personal data, they have not even been able to do anything so that they can leave their phone numbers, which is something that can be very well accepted, when it is like that not even that is allowed, then I imagine that this type of person is not in brokers, they are not in centralized exchanges and apart from that they do not have the way to do the same things like the majority who are Leaving KYC for all sides, but sometimes it's like feeling locked in a very big world and not being able to enjoy it because it is something that does hit.

Although this thing with anonymity, privacy and everything that has to do with No KYC has its great advantages, because I consider that this type of thing will always be something that cannot be done as it is.

I could think that when we are looking for fun, in brokers, exchanges or even in a casino , the closest one that was without KYC requirement was freebitco.in and now things sound very different because basically things are done well with KYC The truth is, I have not done anything to be on freebitco.in and be able to do things better , I will always say that things with this casino are good , the bad thing is that it joined that casino list that has KYC, now the things sound different, I don't know how demanding they are or what the Reason was for them to Change their policies so that it was like this now, so I don't know, but what I am forced to think is that I have only put my KYC in the casino of all life , only the most Reliable, there is no other.

If a casino collects Personal Data from customers, this may be justified by the fact that it primarily complies with legal requirements and instructions and regulations of local regulators.  The second aspect of collecting personal data is some kind of guarantee against payment of winnings to scammers and control over payment of winnings.  The third aspect is purely marketing and the use of clients’ personal data for advertising, and in some cases for the sale of this data to advertising agencies for targeted advertising. 

So, the amount of personal data within the framework of KYC can be very different. 
This can only be an email, or a mobile phone number; in extreme cases, this is a volume of data comparable to the amount of personal information that a bank will require, for example, to process a mortgage loan. 
The correct thing to do is to always ensure that the casino does not receive unnecessary personal data, and in some cases you can argue with the support team of such a casino and not send them, for example, photographs of your face or documents.  In my experience, sometimes it is even possible to reduce through negotiations the amount of your Personal Data that is required from you when providing the relevant Service.

[LUCKMCFLY]

<Snip>

That's right, but the question here is how to avoid doing it if for almost everything they require KYC, I know there are people who are very extreme with their decisions, in fact since the KYC requirement came out I know that many players do not They have not even wanted to verify themselves because they know that things like this can be very different for them, they are people who have also left their personal data, they have not even been able to do anything so that they can leave their phone numbers, which is something that can be very well accepted, when it is like that not even that is allowed, then I imagine that this type of person is not in brokers, they are not in centralized exchanges and apart from that they do not have the way to do the same things like the majority who are Leaving KYC for all sides, but sometimes it's like feeling locked in a very big world and not being able to enjoy it because it is something that does hit.

Although this thing with anonymity, privacy and everything that has to do with No KYC has its great advantages, because I consider that this type of thing will always be something that cannot be done as it is.

I could think that when we are looking for fun, in brokers, exchanges or even in a casino , the closest one that was without KYC requirement was freebitco.in and now things sound very different because basically things are done well with KYC The truth is, I have not done anything to be on freebitco.in and be able to do things better , I will always say that things with this casino are good , the bad thing is that it joined that casino list that has KYC, now the things sound different, I don't know how demanding they are or what the Reason was for them to Change their policies so that it was like this now, so I don't know, but what I am forced to think is that I have only put my KYC in the casino of all life , only the most Reliable, there is no other.

If a casino collects Personal Data from customers, this may be justified by the fact that it primarily complies with legal requirements and instructions and regulations of local regulators.  The second aspect of collecting personal data is some kind of guarantee against payment of winnings to scammers and control over payment of winnings.  The third aspect is purely marketing and the use of clients’ personal data for advertising, and in some cases for the sale of this data to advertising agencies for targeted advertising.  

So, the amount of personal data within the framework of KYC can be very different.  
This can only be an email, or a mobile phone number; in extreme cases, this is a volume of data comparable to the amount of personal information that a bank will require, for example, to process a mortgage loan.  
The correct thing to do is to always ensure that the casino does not receive unnecessary personal data, and in some cases you can argue with the support team of such a casino and not send them, for example, photographs of your face or documents.  In my experience, sometimes it is even possible to reduce through negotiations the amount of your Personal Data that is required from you when providing the relevant Service.

I think that the data is very delicate to leave it anywhere, for me the most important thing in all this is that you always let yourself be carried away by things when they are more reliable casinos, in these times things with the data must be very different, in This case of a casino that always demands the same from others, is it something more important? Many more things have to be done, for example the KYC that is earned? That the drawer could have data from whom? or for whom? This is undoubtedly so that they are filtered to governments, to entities that have to do with banks, so that tomorrow or in the future we can generate more things that are different such as taxes, I personally have always said that anonymity and Privacy are rights that little by little have been skewed, they are being distorted a lot, with the issue of regulation, because this way it is safer, that when there is a problem things can be resolved faster, in fact one day I read in a post from a casino that I don't remember which one, where they said that they defend KYC because at the time there was a hack with the KYC identification that was easy to solve when it came to refunding the money.


Now things can be very delicate with these types of statements, I know what they do to make people complain, but in part these things are pure lies, because only with the user ID can the money be refunded, otherwise, like it was before? When did mandatory KYC not exist? So for me these are more than excuses and just words, things are not like that, I am not here to deceive anyone, no one is so ignorant as to believe these things, whoever wants to believe it, that is their problem, But I have always defended that one as a person and as a player should play in total anonymity if they wish, and should respect that, but how do you go about fighting the titans?

Edit. I edited because at the time I was making the publication I deleted and wrote again, I also had connection problems.

[decodx]

<...>

Come on dude, really?  Can you at least proofread your walls of text before posting them? I wasted 5 minutes of my life reading that crap!

archive: https://ninjastic.space/post/63673788

[Fivestar4everMVP]

<...>

Come on dude, really?  Can you at least proofread your walls of text before posting them? I wasted 5 minutes of my life reading that crap!

archive: https://ninjastic.space/post/63673788

Lolz, no offence to LUCKMCFLY, but I honestly don't waste my time reading or replying to such a long wall of texts, excepts if it's the OP of the thread, like the initial starting post of a thread..
A comment in a thread that is that long automatically turns me off, and I don't bother reading them.

I personally understand that the reason why LUCKMCFLY is used to posting such a long walls of text as comments in several of his posts is for the purpose of winning the Stake campaign weekly bonus, but he and every other persons who engage in this style of posting should atleast, proofread their wall of texts before clicking the "post" button, some times, I wonder is stake campaign management even read this things before awarding their weekly bonus  .

[Wiwo]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk.

I believe you got this broker thing all wrong!!

From my experience from using different brokers, if you looking for tight spreads when it comes to executing trades..most likely you will encounter commissions which will be higher as a service for executing a trade or using their  platform, and btw depends on what assets you trade, but it doesn't cost an arm and a leg and if you don't want to miss trades, or not tagged into a trade better pay these small fees!!!

As for gambling, it's usually based on what you see is what you get but unfortunately, the risk here is high but at the end of the day pick something that works for you!!!

Gambling is far different from stock brokers or forest trading as we can have bit trading and so on but in gambling there is nothing like that,  and to win a game it depends on you and your luck,  but in trading, we can still have some tools that are available to use in other to get advantages over the trade at all time.

So for that, we need to give space to build that understanding of the difference between the two and not to get too much entangled with much comparison that will make us to miss out on things.

[Fivestar4everMVP]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk.

I believe you got this broker thing all wrong!!

From my experience from using different brokers, if you looking for tight spreads when it comes to executing trades..most likely you will encounter commissions which will be higher as a service for executing a trade or using their  platform, and btw depends on what assets you trade, but it doesn't cost an arm and a leg and if you don't want to miss trades, or not tagged into a trade better pay these small fees!!!

As for gambling, it's usually based on what you see is what you get but unfortunately, the risk here is high but at the end of the day pick something that works for you!!!

Gambling is far different from stock brokers or forest trading as we can have bit trading and so on but in gambling there is nothing like that,  and to win a game it depends on you and your luck,  but in trading, we can still have some tools that are available to use in other to get advantages over the trade at all time.

So for that, we need to give space to build that understanding of the difference between the two and not to get too much entangled with much comparison that will make us to miss out on things.

In the first place, I feel it was even wrong to compare gambling to stock, Forex trading and all, they are simply unrelated, judging from the fact that gambling is something any one can do generally, like, someone who has never gambled before can wake up one morning, and decide to sign up on a casino, make a deposit and starting playing slot games, or even place some bets.

But coming to stock, Forex and even cryptocurrency trading, the above is unlikely to happen, else the person will just lose all his or her money, trading stocks, forex or crypto requires formal knowledge of the market, adequate preparation and also alot of money as starting capital to guarantee substantial profits in the course of the trader winning a trade, but in gambling, one can literally start gambling with dollar cents, this tells us the clear difference and distance between gambling and trading those markets mentioned.

[LUCKMCFLY]

<...>

Come on dude, really?  Can you at least proofread your walls of text before posting them? I wasted 5 minutes of my life reading that crap!

archive: https://ninjastic.space/post/63673788

Lolz, no offence to LUCKMCFLY, but I honestly don't waste my time reading or replying to such a long wall of texts, excepts if it's the OP of the thread, like the initial starting post of a thread..
A comment in a thread that is that long automatically turns me off, and I don't bother reading them.

I personally understand that the reason why LUCKMCFLY is used to posting such a long walls of text as comments in several of his posts is for the purpose of winning the Stake campaign weekly bonus, but he and every other persons who engage in this style of posting should atleast, proofread their wall of texts before clicking the "post" button, some times, I wonder is stake campaign management even read this things before awarding their weekly bonus  .

Well it's not that I wrote Rubbish , what I did was at the time that I had a very bad Internet Connection, I didn't read it because where I am at that moment the connection dropped completely and I thought I had deleted that paragraph, that's why I wrote it again, although I don't see it as a wall or something like that, I don't do it for any weekly bonus, the topics interest me and I try to contribute everything I can, if you start reading carefully, I made that Post today for What they have not read yet on stake.com , I do not Understand the double-intentioned and Malicious comment , I Already said that I had that connection problem, and well I only apologize for the Misunderstanding , but with respect to the Brokers, exchanges and casinos That's my Perception. And if you have doubts about why he gives me a bonus, it's simple, you just have to talk to those in charge of reviewing the company.

[delfastTions]

~ snip ~

.......
... , but how do you go about fighting the titans?
.......

Of course, fighting a titan is very difficult and may even seem impossible.  
However, let’s imagine that information has spread among cryptocurrency lovers that, for example, such a KYC option as sending a photo of a person with a document in hand is not an acceptable identification option.  And no one will send such personal information to the casino.  If this becomes widespread enough, then the casino itself, seeing that clients have begun to massively refuse to provide such data, will be forced to look for other methods of personal identification.  
And this, for example, may be only the first step in the overall struggle to restore anonymity in gambling in casinos with cryptocurrency.  But this is of course just an example.  However, it is possible to begin implementing such programs to fight for privacy rights.

[LUCKMCFLY]

~ snip ~

.......
... , but how do you go about fighting the titans?
.......

Of course, fighting a titan is very difficult and may even seem impossible.  
However, let’s imagine that information has spread among cryptocurrency lovers that, for example, such a KYC option as sending a photo of a person with a document in hand is not an acceptable identification option.  And no one will send such personal information to the casino.  If this becomes widespread enough, then the casino itself, seeing that clients have begun to massively refuse to provide such data, will be forced to look for other methods of personal identification.  
And this, for example, may be only the first step in the overall struggle to restore anonymity in gambling in casinos with cryptocurrency.  But this is of course just an example.  However, it is possible to begin implementing such programs to fight for privacy rights.

Well I have a type of experience in these things, but not in an exchange, in the casino, a long time ago I was going to make a withdrawal, but it turns out that it was more than 10mBTC and when I was going to do it on Binance they sent them what I had to do a temporary kyc, and I was surprised, the question was to verify my face through a video of about 3 or 5 seconds, and that was something that they could determine if I was the Owner of the Account , I don't know if this It's good or bad, but based on the fact that I had Already left my KYC documents and then they verified my face with my documents because things were Going to look good for them , then when I had to do it, well then they did allow the withdrawal, but I It seemed Absurd, I think that with the security that Binance had with the email, and the 2FA factor was Sufficient , these things are what I say that are Sometimes Incoherent.

I don't know if this can Apply to casinos, because it is something that we can see as normal, but to be honest these things are unnecessary, with their excuse of having more security what they do is obtain more data from us, this time with a video , it means that the anonymity, the privacy in the exchanges is already like a normal bank, I don't Even want to imagine what they do in a broker, it must be like this or more Demanding , but the casino could do something like that, What you say is very true, anyone can be with their ID in hand, with a photo and that's it, anyone can do it, this will bring many problems in the future, of that I am sure.

[Kakmakr]

The difference is, Brokers can use their education and skills to increase their chances to broker good deals or trades, but in the gambling scene the odds are stacked in the favor of the casino...because they control everything.

The casinos have a fixed house edge and RTP and they can manipulate that, without you even knowing it. They also know, if you continue playing, the house will always win.

[EarnOnVictor]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk.

I believe you got this broker thing all wrong!!

From my experience from using different brokers, if you looking for tight spreads when it comes to executing trades..most likely you will encounter commissions which will be higher as a service for executing a trade or using their  platform, and btw depends on what assets you trade, but it doesn't cost an arm and a leg and if you don't want to miss trades, or not tagged into a trade better pay these small fees!!!

As for gambling, it's usually based on what you see is what you get but unfortunately, the risk here is high but at the end of the day pick something that works for you!!!

Gambling is far different from stock brokers or forest trading as we can have bit trading and so on but in gambling there is nothing like that,  and to win a game it depends on you and your luck,  but in trading, we can still have some tools that are available to use in other to get advantages over the trade at all time.

So for that, we need to give space to build that understanding of the difference between the two and not to get too much entangled with much comparison that will make us to miss out on things.

Your points are good, but we can still further argue the subject out based on the context of your narration. In both trading and gambling, we need luck, only that the level of luck we need varies, and that's if we want to view the expression called luck as existing at all. I must say that many times in my trading experience, there are instances that I could truly express that luck was at work for me, so it exists too there. Take, for example, a trader who analysed the market quite well and opened a buy position with 250 pips take profit and 100 pips stop loss. But suddenly, the market started moving against him abnormally without a valid reason, and for this, it (the market) changed the short-term trend to bearish, which is against the position of the traders. After some times of scary movements against the position, the market now almost hit the stop loss having moved 99 pips of it and remaining just 1 pips to hit it and close the position at a loss.

But suddenly the market could not proceed further with just 1 pips to hit the stop loss but just threatened for hours but still couldn't hit the level. Due to this, the trader could have just taken heart and abandoned the trade and closed his gadget believing he had already lost with no more hope. On getting back to the chart after hours of closing the gadget, he now met the trade in huge profits. I see that as luck and something similar had happened to me many times in trading. Also, the sports betting aspect of gambling could be likened to trading. The two are not so strongly the function of luck but expertise. This is especially true if we limit it to the buy/sell in trading and lose/win in gambling. It's the casino aspect of gambling that is so reliant on luck, even though the expertise in trading will still yield better results than the expertise in gambling.

[Wiwo]

Your points are good, but we can still further argue the subject out based on the context of your narration. In both trading and gambling, we need luck, only that the level of luck we need varies, and that's if we want to view the expression called luck as existing at all. I must say that many times in my trading experience, there are instances that I could truly express that luck was at work for me, so it exists too there. Take, for example, a trader who analysed the market quite well and opened a buy position with 250 pips take profit and 100 pips stop loss. But suddenly, the market started moving against him abnormally without a valid reason, and for this, it (the market) changed the short-term trend to bearish, which is against the position of the traders. After some times of scary movements against the position, the market now almost hit the stop loss having moved 99 pips of it and remaining just 1 pips to hit it and close the position at a loss.

But suddenly the market could not proceed further with just 1 pips to hit the stop loss but just threatened for hours but still couldn't hit the level. Due to this, the trader could have just taken heart and abandoned the trade and closed his gadget believing he had already lost with no more hope. On getting back to the chart after hours of closing the gadget, he now met the trade in huge profits. I see that as luck and something similar had happened to me many times in trading. Also, the sports betting aspect of gambling could be likened to trading. The two are not so strongly the function of luck but expertise. This is especially true if we limit it to the buy/sell in trading and lose/win in gambling. It's the casino aspect of gambling that is so reliant on luck, even though the expertise in trading will still yield better results than the expertise in gambling.

When we want to discuss the context of luck in trading vs gambling,  we must bring so many things into bearing and as we go along with the analysis we should have at the back of our mind that luck is a subjective thing,  just as skills is subjective,  luck don't just happen,  you must position yourself for the luck so for that when it comes to trading,  luck plays a minimal role and, skills is what have the primary role in trading.

Gambling is based on luck,  because there are some games that you pourly depends on luck to win them, most of the times games like spin and dice and even football bets this have been the norm with gambling this is why we have more trust in trading than in gambling and just like I have said before, in gambling you can lose all your money 100% but that is not so in trading because as a leader you already have your stop lose limits and once the market get to that level your trade will just automatic execute and then take a lose at a point.

But we have not seen such happening in gambling unless if you take a cash out and that doesn't come when your games are a loss,  there only give a percentage at which you already won,  so in all you have to depend on luck at all time because even with your luck you still stand the chances of losing the bets/games most especially on in the house games.

[delfastTions]

~ snip ~

.......
... , but how do you go about fighting the titans?
.......

Of course, fighting a titan is very difficult and may even seem impossible.  
However, let’s imagine that information has spread among cryptocurrency lovers that, for example, such a KYC option as sending a photo of a person with a document in hand is not an acceptable identification option.  And no one will send such personal information to the casino.  If this becomes widespread enough, then the casino itself, seeing that clients have begun to massively refuse to provide such data, will be forced to look for other methods of personal identification.  
And this, for example, may be only the first step in the overall struggle to restore anonymity in gambling in casinos with cryptocurrency.  But this is of course just an example.  However, it is possible to begin implementing such programs to fight for privacy rights.

Well I have a type of experience in these things, but not in an exchange, in the casino, a long time ago I was going to make a withdrawal, but it turns out that it was more than 10mBTC and when I was going to do it on Binance they sent them what I had to do a temporary kyc, and I was surprised, the question was to verify my face through a video of about 3 or 5 seconds, and that was something that they could determine if I was the Owner of the Account , I don't know if this It's good or bad, but based on the fact that I had Already left my KYC documents and then they verified my face with my documents because things were Going to look good for them , then when I had to do it, well then they did allow the withdrawal, but I It seemed Absurd, I think that with the security that Binance had with the email, and the 2FA factor was Sufficient , these things are what I say that are Sometimes Incoherent.

I don't know if this can Apply to casinos, because it is something that we can see as normal, but to be honest these things are unnecessary, with their excuse of having more security what they do is obtain more data from us, this time with a video , it means that the anonymity, the privacy in the exchanges is already like a normal bank, I don't Even want to imagine what they do in a broker, it must be like this or more Demanding , but the casino could do something like that, What you say is very true, anyone can be with their ID in hand, with a photo and that's it, anyone can do it, this will bring many problems in the future, of that I am sure.

The fact of the matter is that this will bring a lot of problems in the future. 
Imagine that now many cryptocurrency owners who gamble   at crypto casinos thoughtlessly send their personal data to these very casinos, including video images of their faces, perhaps even receipts for utility bills, and maybe even fragments of voice recordings.  As ax result, after some time, part of the casino, or, for example, a crypto exchange, which has the same KYC requirements, will go bankrupt.  And what will happen to personal data databases.  But they will all just be stoleln and eventually appear in the public domain on the Internet.  This in turn will create a powerful wave of fraud using these stolen personal data.  I think governments are grossly negligent in this regulation. 
Governments and officials simply do not think about such developments.  More precisely, of course, they know where this will all lead, but they don’t care.  This will be done by the next generations of officials and law enforcement agencies.  In short, you don’t need to send your personal information anywhere if you own cryptocurrency. 

This is the most correct solution to the KYC issue.

[mak013]

The difference is, Brokers can use their education and skills to increase their chances to broker good deals or trades, but in the gambling scene the odds are stacked in the favor of the casino...because they control everything.

The casinos have a fixed house edge and RTP and they can manipulate that, without you even knowing it. They also know, if you continue playing, the house will always win.

You compare trader and casino. But you have to compare trader and gambler or broker and casino. In such compare we see the same result - broker and casino always win: broker don`t risk his money and get some percent for each deal and the casino has RTP and always win.
Trader or gambler can win. I think that it is possible to win for a long distance, but it means that some other gambler/trader lose.

[LUCKMCFLY]

<snip>

Well, what I can say about this, I have my own experience with the government I live in, and I think that applies to any type of government in the world, even if it is the most prosperous country, and the government does not care about its people. , the structure is made so that they take advantage of the resources of their countries and for the pronas only give them crumbs, and not what each one of them deserves, for this reason I say, the regulations are thanks to governments, those governments do not They have control over crypto obviously they want to have it but they can't because things are difficult and this can impact the things they do, the things they don't do and the things they are going to do to see if they can get money, and when they do they realize that If they can manage a mass, and unfortunately we are included in the mass, and what is the control? KYC, if they handle crypto? That is something they do not tolerate, they do not accept, if they handle it they have to be penalized, but they are penalized with money, and at the same time they are obtaining money through crypto.

So exchanges, brokers, casinos, they are all part of a regulation by them to be able to have at least a slice, they will never support people who have crypto to operate freely, because financial freedom comes from an alternative economy that is superior to the traditional one, and that is what produces all these problems, in the end we realize that we are fighting against governments, bankers and people with a lot of power, it is difficult to raise our voices, that is why the KYC that can be avoided and even better, because what you say is very true, at the time that those sites cease to exist and are left without even a domain, since that information is absorbed by the governments or whoever has the most power at that moment .

[Slow death]

The difference is, Brokers can use their education and skills to increase their chances to broker good deals or trades, but in the gambling scene the odds are stacked in the favor of the casino...because they control everything.

The casinos have a fixed house edge and RTP and they can manipulate that, without you even knowing it. They also know, if you continue playing, the house will always win.

You compare trader and casino. But you have to compare trader and gambler or broker and casino. In such compare we see the same result - broker and casino always win: broker don`t risk his money and get some percent for each deal and the casino has RTP and always win.
Trader or gambler can win. I think that it is possible to win for a long distance, but it means that some other gambler/trader lose.

When I look at trading and when I look at gambling, I honestly don't see how a person who gambles could talk about things like profits because the real chances of someone making profits from gambling are extremely low, so low in fact that it's pointless to stay counting on such profits, even if a person is very confident when they start with gambling, over time that person begins to realize that they are not making a profit, they are constantly losing money, when a person gambles, they, for example, deposit 10$, he can win and keep 13$ but then he will lose everything and will have to put more money into the casino if he wants to continue playing, that's why people have been told to play in moderation and look at gambling.

whereas when a person takes $10 and buys bitcoin at a price of $50,000 and that person places a stop-loss at $49,000, that person will lose little money and can buy more at a lower price or more at a higher price and then sell when the price goes up a lot, this way this person will be able to make a profit to the point of recovering all the lost money, by this I mean that in trading the person has little risk of losing all the money and has a greater chance of making a profit, the problem is that in order to make a profit that is large the person must have a large capital, 10$ with trade is nothing, it is unlikely that the person will be able to have 20$ so soon, while gambling puts 10$ and gets 20$, 30$ or more, it is possible if the person be very lucky, that's why many people keep playing

[mak013]

You compare trader and casino. But you have to compare trader and gambler or broker and casino. In such compare we see the same result - broker and casino always win: broker don`t risk his money and get some percent for each deal and the casino has RTP and always win.
Trader or gambler can win. I think that it is possible to win for a long distance, but it means that some other gambler/trader lose.

When I look at trading and when I look at gambling, I honestly don't see how a person who gambles could talk about things like profits because the real chances of someone making profits from gambling are extremely low, so low in fact that it's pointless to stay counting on such profits, even if a person is very confident when they start with gambling, over time that person begins to realize that they are not making a profit, they are constantly losing money, when a person gambles, they, for example, deposit 10$, he can win and keep 13$ but then he will lose everything and will have to put more money into the casino if he wants to continue playing, that's why people have been told to play in moderation and look at gambling.

whereas when a person takes $10 and buys bitcoin at a price of $50,000 and that person places a stop-loss at $49,000, that person will lose little money and can buy more at a lower price or more at a higher price and then sell when the price goes up a lot, this way this person will be able to make a profit to the point of recovering all the lost money, by this I mean that in trading the person has little risk of losing all the money and has a greater chance of making a profit, the problem is that in order to make a profit that is large the person must have a large capital, 10$ with trade is nothing, it is unlikely that the person will be able to have 20$ so soon, while gambling puts 10$ and gets 20$, 30$ or more, it is possible if the person be very lucky, that's why many people keep playing

As for me - gambling and trading looks the same. If you have big deposit - you can choose small odds is sport betting and get good profit with small risk, the same like in trading. Of course you can lose all in gambling if you bet all sum in one bet, but it is silly. The same situation if you buy BTC with big leverage.
Use money management and you will get profit as result. Of course i don`t talk about casino games - it is total random and i don`t interest in such gambling.

[delfastTions]

<snip>

Well, what I can say about this, I have my own experience with the government I live in, and I think that applies to any type of government in the world, even if it is the most prosperous country, and the government does not care about its people. , the structure is made so that they take advantage of the resources of their countries and for the pronas only give them crumbs, and not what each one of them deserves, for this reason I say, the regulations are thanks to governments, those governments do not They have control over crypto obviously they want to have it but they can't because things are difficult and this can impact the things they do, the things they don't do and the things they are going to do to see if they can get money, and when they do they realize that If they can manage a mass, and unfortunately we are included in the mass, and what is the control? KYC, if they handle crypto? That is something they do not tolerate, they do not accept, if they handle it they have to be penalized, but they are penalized with money, and at the same time they are obtaining money through crypto.

So exchanges, brokers, casinos, they are all part of a regulation by them to be able to have at least a slice, they will never support people who have crypto to operate freely, because financial freedom comes from an alternative economy that is superior to the traditional one, and that is what produces all these problems, in the end we realize that we are fighting against governments, bankers and people with a lot of power, it is difficult to raise our voices, that is why the KYC that can be avoided and even better, because what you say is very true, at the time that those sites cease to exist and are left without even a domain, since that information is absorbed by the governments or whoever has the most power at that moment .

This automatically raises the question of whether a player can exercise his right to gamble freely and at the same time remain a completely anonymous player.  In other words, will such a player, when gambling using cryptocurrencies, never provide his personal data to any casino and not participate in the KYC procedure at all?  It is probably now becoming impossible to fully realize this right to privacy and concealment of personal data.  Even such an anonymity tool as cryptocurrency, which, by the way, can provide even more anonymity to a person compared to even fiat cash, where everything is now monitored by video cameras and stored video recordings.  Even this tool is under massive attack from the world banking lobby and, following it, the government and various countries.  But I believe that the alternative economy will still exist in parallel with the main one.  And in this economy it will be possible to maintain the right to privacy, to one’s secrets and, in particular, to one’s payments.  And this does not at all mean the criminal nature of such an economy, but only means the right to freedom of action for law-abiding people. 
Cryptocurrency initially provided people with such a right, and now, of course, there is opposition from the world’s ruling clans for the destruction of this right.

[LUCKMCFLY]

<Snip>

That's the bad thing, when the people are biased from this right, all for what? a control, that's all it's based on is a control that's not at all Simple, this has to do a lot with these things to be able to do them better, if we can do any kind of thing, it's just that the Things come to an end when a person demands information in a casino, for example, why don't they buy a coin like Monero? Even though you already have your KYC ready and everything, because at least they had these methods everything would be better, but no, the thing is that when the money leaves the casino, Monero provides anonymity, privacy and makes it almost impossible to trace , Governments and entities in charge find it very difficult to track this Money , so why do they allow this ? Is something so difficult?

Casinos have many tools to protect players, but they don't want to take them, but why is this? They are subject to a work Environment where they prefer that those who adapt to them be the clients, not because they adapt to the Clients , they say that they provide Security , Better Contracts, Bonuses, and with that is the issue of concession that many fall , but we all know that in the future the core of everything will lie in wanting to Obtain anonymity , Privacy.

Privacy and anonymity can begin to Occur if the Casinos Accept privacy packages , that is the best thing that can be done, so things go well for the players, obviously in the future privacy and anonymity will be what the players look for the most People , because it will no longer be the issue of adoption or anything else, it will be that they want to be more anonymous , for that reason we are people who will always have to verify each casino very well and which is the casino that could offer the best privacy and anonymous, except for the most candidates, the most trustworthy, the oldest.

[EarnOnVictor]

You compare trader and casino. But you have to compare trader and gambler or broker and casino. In such compare we see the same result - broker and casino always win: broker don`t risk his money and get some percent for each deal and the casino has RTP and always win.
Trader or gambler can win. I think that it is possible to win for a long distance, but it means that some other gambler/trader lose.

When I look at trading and when I look at gambling, I honestly don't see how a person who gambles could talk about things like profits because the real chances of someone making profits from gambling are extremely low, so low in fact that it's pointless to stay counting on such profits, even if a person is very confident when they start with gambling, over time that person begins to realize that they are not making a profit, they are constantly losing money, when a person gambles, they, for example, deposit 10$, he can win and keep 13$ but then he will lose everything and will have to put more money into the casino if he wants to continue playing, that's why people have been told to play in moderation and look at gambling.

whereas when a person takes $10 and buys bitcoin at a price of $50,000 and that person places a stop-loss at $49,000, that person will lose little money and can buy more at a lower price or more at a higher price and then sell when the price goes up a lot, this way this person will be able to make a profit to the point of recovering all the lost money, by this I mean that in trading the person has little risk of losing all the money and has a greater chance of making a profit, the problem is that in order to make a profit that is large the person must have a large capital, 10$ with trade is nothing, it is unlikely that the person will be able to have 20$ so soon, while gambling puts 10$ and gets 20$, 30$ or more, it is possible if the person be very lucky, that's why many people keep playing

As for me - gambling and trading looks the same. If you have big deposit - you can choose small odds is sport betting and get good profit with small risk, the same like in trading. Of course you can lose all in gambling if you bet all sum in one bet, but it is silly. The same situation if you buy BTC with big leverage.
Use money management and you will get profit as result. Of course i don`t talk about casino games - it is total random and i don`t interest in such gambling.

I respect people's opinions so much, but in most cases, they do not have constructive arguments to back it up, just like yours now. Trading and gambling are not the same and will never be the same because trading is a business and doesn't require a fix outcome like gambling, it's so flexible. Though it is a risky business, can you call gambling a business? The electronic enabality of trading is what causes people to make mistakes of it and the way some bad traders gamble with their trading makes it look alike in a way. But if you would trade as a real and professional trader with the right understanding of it, then you can never link trading to gambling or gamble with your trades.

Okay, let me try to explain this in the best way I can to make you understand the fundamentals of it and not the complex way as people and technology make it look. The simplest ideology about trading is likened to a person who purchased an asset at $500, for example. The value/price of that asset will of course fluctuate due to the prevailing market conditions even as demand and supply always play their roles. For this, the value can be adjusted a little or significantly lower or higher than the $500. This means that at times, the price of the asset could be $750 or more/less ( if the asset appreciates in value), also, it could be $350 or more/less (if the asset depreciates in value). Now, if the person speculated wrongly during the time of purchase to buy a costly asset and again impatient due to fear or whatever reason sold the asset at $350 value. That means the person had lost $150 of his money.

In the opposite view, if the person was lucky to have bought the asset cheap and it even appreciated afterwards and even sold it at $750. That means the person  gains. This is how the trading works, you actually buy and own that asset, and your fate depends on how it appreciates or depreciates and the actual time to sold it, unlike in gambling. Just like we buy and own physical assets all the time, it's the same as what I just narrated. Some assets will be bought and get devalued when we now them, while others will be bought and appreciated after buying them. If you now make them a business, then you are trading, just the same way it is in electronic trading. It is only when you handle it carelessly (buy when you should sell, or sell when you should buy) that you are gambling, which is not the ethic of the trading itself.

[danadc]

You compare trader and casino. But you have to compare trader and gambler or broker and casino. In such compare we see the same result - broker and casino always win: broker don`t risk his money and get some percent for each deal and the casino has RTP and always win.
Trader or gambler can win. I think that it is possible to win for a long distance, but it means that some other gambler/trader lose.

When I look at trading and when I look at gambling, I honestly don't see how a person who gambles could talk about things like profits because the real chances of someone making profits from gambling are extremely low, so low in fact that it's pointless to stay counting on such profits, even if a person is very confident when they start with gambling, over time that person begins to realize that they are not making a profit, they are constantly losing money, when a person gambles, they, for example, deposit 10$, he can win and keep 13$ but then he will lose everything and will have to put more money into the casino if he wants to continue playing, that's why people have been told to play in moderation and look at gambling.

whereas when a person takes $10 and buys bitcoin at a price of $50,000 and that person places a stop-loss at $49,000, that person will lose little money and can buy more at a lower price or more at a higher price and then sell when the price goes up a lot, this way this person will be able to make a profit to the point of recovering all the lost money, by this I mean that in trading the person has little risk of losing all the money and has a greater chance of making a profit, the problem is that in order to make a profit that is large the person must have a large capital, 10$ with trade is nothing, it is unlikely that the person will be able to have 20$ so soon, while gambling puts 10$ and gets 20$, 30$ or more, it is possible if the person be very lucky, that's why many people keep playing

As for me - gambling and trading looks the same. If you have big deposit - you can choose small odds is sport betting and get good profit with small risk, the same like in trading. Of course you can lose all in gambling if you bet all sum in one bet, but it is silly. The same situation if you buy BTC with big leverage.
Use money management and you will get profit as result. Of course i don`t talk about casino games - it is total random and i don`t interest in such gambling.

When I go to play in a casino I never associate it with the problem of exchanges nor do I make any strategy based on trading exchanges or something like that for casinos, because for me things are different in that aspect, I always look for it. It's trying not to spend so much money, one day I tried to do trading in a broker, but I think I'm not good enough to do those things because it's very difficult, the money is spent very quickly and in a matter of seconds, plus I have experience, and in the shares of the exchanges too, then the activities of the casinos and exchanges are different for me.

Casinos and exchanges, brokers and casinos have in common that they are demanding a lot of KYC and that is something that they have to approach very carefully, in view of that things are similar, but they have a lot to do so that they can please everyone, If they focused on anonymity everything would be easier.

[delfastTions]

<Snip>

That's the bad thing, when the people are biased from this right, all for what? a control, that's all it's based on is a control that's not at all Simple, this has to do a lot with these things to be able to do them better, if we can do any kind of thing, it's just that the Things come to an end when a person demands information in a casino, for example, why don't they buy a coin like Monero? Even though you already have your KYC ready and everything, because at least they had these methods everything would be better, but no, the thing is that when the money leaves the casino, Monero provides anonymity, privacy and makes it almost impossible to trace , Governments and entities in charge find it very difficult to track this Money , so why do they allow this ? Is something so difficult?
.....

In my opinion, the situation is as follows. 

With all due respect to Monero, I must say that it is now becoming more and more difficult to use this coin.  First of all, I mean the fact that both Monero and other privacy coins are increasingly becoming the object of study by law enforcement agencies and their use immediately begins to indirectly, but negatively affect the person using them.  The second aspect that also does not contribute to their spread is the fact that the increase in the rate of confidential coins in relation to Bitcoin and Ethereum and coins such as Solana or Cardano is proceeding at a slower pace.  This is clearly visible, for example, in the way Monero dropped quite significantly in the CMC or Coingecko rankings in the first hundred coins by their capitalization.  It turns out that holding Monero simply becomes unprofitable.  So I don't expect them to become widespread in the future.  Including among gamblers in crypto casinos.

[mak013]

As for me - gambling and trading looks the same. If you have big deposit - you can choose small odds is sport betting and get good profit with small risk, the same like in trading. Of course you can lose all in gambling if you bet all sum in one bet, but it is silly. The same situation if you buy BTC with big leverage.
Use money management and you will get profit as result. Of course i don`t talk about casino games - it is total random and i don`t interest in such gambling.

I respect people's opinions so much, but in most cases, they do not have constructive arguments to back it up, just like yours now. Trading and gambling are not the same and will never be the same because trading is a business and doesn't require a fix outcome like gambling, it's so flexible. Though it is a risky business, can you call gambling a business? The electronic enabality of trading is what causes people to make mistakes of it and the way some bad traders gamble with their trading makes it look alike in a way. But if you would trade as a real and professional trader with the right understanding of it, then you can never link trading to gambling or gamble with your trades.

Okay, let me try to explain this in the best way I can to make you understand the fundamentals of it and not the complex way as people and technology make it look. The simplest ideology about trading is likened to a person who purchased an asset at $500, for example. The value/price of that asset will of course fluctuate due to the prevailing market conditions even as demand and supply always play their roles. For this, the value can be adjusted a little or significantly lower or higher than the $500. This means that at times, the price of the asset could be $750 or more/less ( if the asset appreciates in value), also, it could be $350 or more/less (if the asset depreciates in value). Now, if the person speculated wrongly during the time of purchase to buy a costly asset and again impatient due to fear or whatever reason sold the asset at $350 value. That means the person had lost $150 of his money.

In the opposite view, if the person was lucky to have bought the asset cheap and it even appreciated afterwards and even sold it at $750. That means the person  gains. This is how the trading works, you actually buy and own that asset, and your fate depends on how it appreciates or depreciates and the actual time to sold it, unlike in gambling. Just like we buy and own physical assets all the time, it's the same as what I just narrated. Some assets will be bought and get devalued when we now them, while others will be bought and appreciated after buying them. If you now make them a business, then you are trading, just the same way it is in electronic trading. It is only when you handle it carelessly (buy when you should sell, or sell when you should buy) that you are gambling, which is not the ethic of the trading itself.

Let`s i answer your example.
I bet $500 with the odd 1.5 i get $750. If i make a bet i own that asset and i can mostly sell it before the result. May be cheaper, for $300 if the game is not so good as i thought, or may be higher - for $600. The same situation in trading - you have an asset that can not only grow up. The only difference, that you asset mostly costs something. And if we talk about leverage trading - there is no difference with gambling. Some moment you catch stop-loss and lose all your depo.

Someone say that trading is a science. The others say that it is just luck. The same i hear about gambling.

[bitterguy28]

are we forgetting that those people who use brokers also benefit from them? hence why i dont think it’s that bad of a thing for brokers to have a little commission here and there. nothing bad about their jobs especially that is where they are earning money … it seems like a job that is very profitable and risk-free so why not do it? 

[delfastTions]

are we forgetting that those people who use brokers also benefit from them? hence why i dont think it’s that bad of a thing for brokers to have a little commission here and there. nothing bad about their jobs especially that is where they are earning money … it seems like a job that is very profitable and risk-free so why not do it? 

I don't think this kind of work is very risk-free. 
Although, of course, it is profitable and obviously they simply would not exist if they did not have good profits from clients.  As for the risk, it is of course likely to be reduced if the broker gains experience along the way.  But this experience can take many years, and by the way, the work itself is very nervous.  Almost always, the broker is worried while waiting for the results of how much his and his clients’ assets have become worth where he has invested these assets.  This expectation provokes a stressful situation.  And this happens all the time, one might say on a conveyor belt.  As a result, the nervous system is depleted, and as you know, nerve cells are not restored and the health of such a person is gradually lost much faster than that of an ordinary employee working at work without constant stress. 
In this case, I would consider such work very risky.

[EarnOnVictor]

As for me - gambling and trading looks the same. If you have big deposit - you can choose small odds is sport betting and get good profit with small risk, the same like in trading. Of course you can lose all in gambling if you bet all sum in one bet, but it is silly. The same situation if you buy BTC with big leverage.
Use money management and you will get profit as result. Of course i don`t talk about casino games - it is total random and i don`t interest in such gambling.

I respect people's opinions so much, but in most cases, they do not have constructive arguments to back it up, just like yours now. Trading and gambling are not the same and will never be the same because trading is a business and doesn't require a fix outcome like gambling, it's so flexible. Though it is a risky business, can you call gambling a business? The electronic enabality of trading is what causes people to make mistakes of it and the way some bad traders gamble with their trading makes it look alike in a way. But if you would trade as a real and professional trader with the right understanding of it, then you can never link trading to gambling or gamble with your trades.

Okay, let me try to explain this in the best way I can to make you understand the fundamentals of it and not the complex way as people and technology make it look. The simplest ideology about trading is likened to a person who purchased an asset at $500, for example. The value/price of that asset will of course fluctuate due to the prevailing market conditions even as demand and supply always play their roles. For this, the value can be adjusted a little or significantly lower or higher than the $500. This means that at times, the price of the asset could be $750 or more/less ( if the asset appreciates in value), also, it could be $350 or more/less (if the asset depreciates in value). Now, if the person speculated wrongly during the time of purchase to buy a costly asset and again impatient due to fear or whatever reason sold the asset at $350 value. That means the person had lost $150 of his money.

In the opposite view, if the person was lucky to have bought the asset cheap and it even appreciated afterwards and even sold it at $750. That means the person  gains. This is how the trading works, you actually buy and own that asset, and your fate depends on how it appreciates or depreciates and the actual time to sold it, unlike in gambling. Just like we buy and own physical assets all the time, it's the same as what I just narrated. Some assets will be bought and get devalued when we now them, while others will be bought and appreciated after buying them. If you now make them a business, then you are trading, just the same way it is in electronic trading. It is only when you handle it carelessly (buy when you should sell, or sell when you should buy) that you are gambling, which is not the ethic of the trading itself.

Let`s i answer your example.
I bet $500 with the odd 1.5 i get $750. If i make a bet i own that asset and i can mostly sell it before the result. May be cheaper, for $300 if the game is not so good as i thought, or may be higher - for $600. The same situation in trading - you have an asset that can not only grow up. The only difference, that you asset mostly costs something. And if we talk about leverage trading - there is no difference with gambling. Some moment you catch stop-loss and lose all your depo.

Someone say that trading is a science. The others say that it is just luck. The same i hear about gambling.

I quite understand your point and I must say it is constructive enough, but you are not looking at the utility and security aspects of the two. The FX and other similar financial market trading instruments (commodities e.g. Gold, energy e.g. Crude oil) and many more offer you to actually buy something. You are not buying anything when you gamble, you are only taking a direct risk at that time. Nonetheless, the risk is present in trading as well but you will not get liquidated if you plan your investment correctly, yes, we have traders who hold positions for so long. It could run for years and you still not get liquidated and continue to own the asset (and not money as in the case of gambling) electronically if your risk management and speculations are right.

Is that possible in gambling? Certain No. Gambling is also time-fixed, it has its expiry time and no matter how self-deceiving you think you own the asset in gambling, there is a maximum time you can own it whether you like it or not. There is no limit to the time you can own that asset in trading but you can only lose if you take a higher risk than necessary. This is why I often advise that we should be professional in our trading, otherwise, we gamble. These two are not just the same thing even though they have a few similarities, and this similarity is what confuses people, just like you now.

[mak013]

Let`s i answer your example.
I bet $500 with the odd 1.5 i get $750. If i make a bet i own that asset and i can mostly sell it before the result. May be cheaper, for $300 if the game is not so good as i thought, or may be higher - for $600. The same situation in trading - you have an asset that can not only grow up. The only difference, that you asset mostly costs something. And if we talk about leverage trading - there is no difference with gambling. Some moment you catch stop-loss and lose all your depo.

Someone say that trading is a science. The others say that it is just luck. The same i hear about gambling.

I quite understand your point and I must say it is constructive enough, but you are not looking at the utility and security aspects of the two. The FX and other similar financial market trading instruments (commodities e.g. Gold, energy e.g. Crude oil) and many more offer you to actually buy something. You are not buying anything when you gamble, you are only taking a direct risk at that time. Nonetheless, the risk is present in trading as well but you will not get liquidated if you plan your investment correctly, yes, we have traders who hold positions for so long. It could run for years and you still not get liquidated and continue to own the asset (and not money as in the case of gambling) electronically if your risk management and speculations are right.

Is that possible in gambling? Certain No. Gambling is also time-fixed, it has its expiry time and no matter how self-deceiving you think you own the asset in gambling, there is a maximum time you can own it whether you like it or not. There is no limit to the time you can own that asset in trading but you can only lose if you take a higher risk than necessary. This is why I often advise that we should be professional in our trading, otherwise, we gamble. These two are not just the same thing even though they have a few similarities, and this similarity is what confuses people, just like you now.

If some company becomes bankrupt your asset costs nothing. The same time your asset is virtual asset. If you buy gold bar for example - it would be a real asset. And if i use money management correct in gambling - i can`t lose on a distance, i tested it for more than 3 years.
The difference is that you can own your asset for years, but look at cryptocurrency shitcoins - i have 5-10 of them and i can sell it anybody.

[Dunamisx]

Stocks can play you, investment brokers can as well play you when you're into making business with them because you cant trust people when it comes to issues that pertains money being involved, but a reputable casino is not playing you and cant play you, you're gambling for fun and not for business the way you do with stock markets and crypto brokers, gambling gives us fun and we are playing games at the course and this is strictly different from making business.

[EarnOnVictor]

Let`s i answer your example.
I bet $500 with the odd 1.5 i get $750. If i make a bet i own that asset and i can mostly sell it before the result. May be cheaper, for $300 if the game is not so good as i thought, or may be higher - for $600. The same situation in trading - you have an asset that can not only grow up. The only difference, that you asset mostly costs something. And if we talk about leverage trading - there is no difference with gambling. Some moment you catch stop-loss and lose all your depo.

Someone say that trading is a science. The others say that it is just luck. The same i hear about gambling.

I quite understand your point and I must say it is constructive enough, but you are not looking at the utility and security aspects of the two. The FX and other similar financial market trading instruments (commodities e.g. Gold, energy e.g. Crude oil) and many more offer you to actually buy something. You are not buying anything when you gamble, you are only taking a direct risk at that time. Nonetheless, the risk is present in trading as well but you will not get liquidated if you plan your investment correctly, yes, we have traders who hold positions for so long. It could run for years and you still not get liquidated and continue to own the asset (and not money as in the case of gambling) electronically if your risk management and speculations are right.

Is that possible in gambling? Certain No. Gambling is also time-fixed, it has its expiry time and no matter how self-deceiving you think you own the asset in gambling, there is a maximum time you can own it whether you like it or not. There is no limit to the time you can own that asset in trading but you can only lose if you take a higher risk than necessary. This is why I often advise that we should be professional in our trading, otherwise, we gamble. These two are not just the same thing even though they have a few similarities, and this similarity is what confuses people, just like you now.

If some company becomes bankrupt your asset costs nothing. The same time your asset is virtual asset. If you buy gold bar for example - it would be a real asset. And if i use money management correct in gambling - i can`t lose on a distance, i tested it for more than 3 years.
The difference is that you can own your asset for years, but look at cryptocurrency shitcoins - i have 5-10 of them and i can sell it anybody.

I can see you are making a twist now because purchasing an asset for years was an illustration of what we do in the financial market in contrast to gambling on casinos which is what we are differentiating here. We did not relate it to the situation of liquidation of the company the way you are now driving it towards it. Don't you think that's a different ballgame as the mode of operation is different from the safety concern which is not peculiar to the financial market alone? But notwithstanding, there are still answers for them. I've lived in the trading/investment environment for years (a year to 2 decades) and I've never been swindled by a broker or been affected by a broker's insolvency to date. Anyone who is affected by this can only be considered a novice or not smart.

As I always advise, it is better you carefully select the broker you would use for your investments and trading activities unless you do not have a reasonable amount of assets with them or you are just not serious about the investment. I make sure that all my brokers are truly Regulated and "Insured." This is not a child's play for me, it is a serious business. Aside from that, if you are relating the insolvency to brokerage companies, can't casinos go insolvent as well? That is why I do not see that as a valid point since it is a deviation from what we are both trying to establish which is relating to the core functions and risks of both classes of business in relation to their mode of operation.

[mak013]

If some company becomes bankrupt your asset costs nothing. The same time your asset is virtual asset. If you buy gold bar for example - it would be a real asset. And if i use money management correct in gambling - i can`t lose on a distance, i tested it for more than 3 years.
The difference is that you can own your asset for years, but look at cryptocurrency shitcoins - i have 5-10 of them and i can sell it anybody.

I can see you are making a twist now because purchasing an asset for years was an illustration of what we do in the financial market in contrast to gambling on casinos which is what we are differentiating here. We did not relate it to the situation of liquidation of the company the way you are now driving it towards it. Don't you think that's a different ballgame as the mode of operation is different from the safety concern which is not peculiar to the financial market alone? But notwithstanding, there are still answers for them. I've lived in the trading/investment environment for years (a year to 2 decades) and I've never been swindled by a broker or been affected by a broker's insolvency to date. Anyone who is affected by this can only be considered a novice or not smart.

As I always advise, it is better you carefully select the broker you would use for your investments and trading activities unless you do not have a reasonable amount of assets with them or you are just not serious about the investment. I make sure that all my brokers are truly Regulated and "Insured." This is not a child's play for me, it is a serious business. Aside from that, if you are relating the insolvency to brokerage companies, can't casinos so insolvent as well? That is why I do not see that as a valid point since it is a deviation from what we are both trying to establish which is relating to the core functions and risks of both classes of business in relation to their mode of operation.

I marked the main difference between us
I`ve got nice results(as for me) in gambling and know how to make money here. But the same time i don`t have time/skills/knowledge for trading. I think that you have the same situation if we change gambling and trading.
The result is the same. I protect my way of getting profit, you protect your way. I sure that you believe, that getting stable profit from gambling just a luck, but the same i think about trading.
PS. I have some long time assets, but i don`t trade.

[LUCKMCFLY]

If some company becomes bankrupt your asset costs nothing. The same time your asset is virtual asset. If you buy gold bar for example - it would be a real asset. And if i use money management correct in gambling - i can`t lose on a distance, i tested it for more than 3 years.
The difference is that you can own your asset for years, but look at cryptocurrency shitcoins - i have 5-10 of them and i can sell it anybody.

I can see you are making a twist now because purchasing an asset for years was an illustration of what we do in the financial market in contrast to gambling on casinos which is what we are differentiating here. We did not relate it to the situation of liquidation of the company the way you are now driving it towards it. Don't you think that's a different ballgame as the mode of operation is different from the safety concern which is not peculiar to the financial market alone? But notwithstanding, there are still answers for them. I've lived in the trading/investment environment for years (a year to 2 decades) and I've never been swindled by a broker or been affected by a broker's insolvency to date. Anyone who is affected by this can only be considered a novice or not smart.

As I always advise, it is better you carefully select the broker you would use for your investments and trading activities unless you do not have a reasonable amount of assets with them or you are just not serious about the investment. I make sure that all my brokers are truly Regulated and "Insured." This is not a child's play for me, it is a serious business. Aside from that, if you are relating the insolvency to brokerage companies, can't casinos so insolvent as well? That is why I do not see that as a valid point since it is a deviation from what we are both trying to establish which is relating to the core functions and risks of both classes of business in relation to their mode of operation.

I marked the main difference between us
I`ve got nice results(as for me) in gambling and know how to make money here. But the same time i don`t have time/skills/knowledge for trading. I think that you have the same situation if we change gambling and trading.
The result is the same. I protect my way of getting profit, you protect your way. I sure that you believe, that getting stable profit from gambling just a luck, but the same i think about trading.
PS. I have some long time assets, but i don`t trade.

What he says is very interesting, because clearly in trading there are ways to operate to protect our money, it just takes a lot of concentration, but in the game I have not found any regrets about making it possible to protect it, because it is always dependent on the luck, and that's something you can't control.

On the other hand, when you say protect in trade, there is a way that I don't know if you have done, I read that strategy in a Livermore book, and applying it to the current market it is as if you put your money in bitcoin in Long, but you want to protect your position, then you open another position in Shrot and with a leverage, a leverage that you can handle, then if the Long position begins to fall or the market goes against the Short you can win, and It is done in such a way that if we lose in LONG, in Short we would be earning the normal amount and above the Long, and since it is more difficult for the market to go in LONG, it is easy to disable the Sshort option, but this is something very risky, only with nerves of steel and with great care can you make good movies.

Now to find out how to protect the balance in a casino, well things are different, what I can say is that to protect yourself is to play with the minimum balance and establishing a small amount willing to lose, is what occurs to me.

But the previous one that I said was for only traders, and it is risky, but it is protection, but based on an investment, it is recommended to leave it in Bitcoin and be more aware that it is rising.

[Gozie51]

Stocks can play you, investment brokers can as well play you when you're into making business with them because you cant trust people when it comes to issues that pertains money being involved, but a reputable casino is not playing you and cant play you, you're gambling for fun and not for business the way you do with stock markets and crypto brokers, gambling gives us fun and we are playing games at the course and this is strictly different from making business.

I don't think means casino owners playing gamblers like cheating on them, no. He is probably discussing in the area of losses and profit that those who gamble encounter risk of loses while owners of casinos, brokers of stocks and trading exchanges seat back and pick up profit interms of commission from the gamblers.

Yeah, so I think they are service providers and they have undertaking their own risk by their investment on their platform including all the facilities that will ensure the platform is alive, looking good not excluding graphics, payment to workers on their salaries, repairs and to carry out maintenance, back ups to ensure the platform or casino doesn't abruptly get shut down. Therefore, owners take care of expenses to provide services for users and that is also how they incure their own challenges to give some gamblers fun and profit while others are not lucky enough and they end up in loses.

[Shamm]

If some company becomes bankrupt your asset costs nothing. The same time your asset is virtual asset. If you buy gold bar for example - it would be a real asset. And if i use money management correct in gambling - i can`t lose on a distance, i tested it for more than 3 years.
The difference is that you can own your asset for years, but look at cryptocurrency shitcoins - i have 5-10 of them and i can sell it anybody.

I can see you are making a twist now because purchasing an asset for years was an illustration of what we do in the financial market in contrast to gambling on casinos which is what we are differentiating here. We did not relate it to the situation of liquidation of the company the way you are now driving it towards it. Don't you think that's a different ballgame as the mode of operation is different from the safety concern which is not peculiar to the financial market alone? But notwithstanding, there are still answers for them. I've lived in the trading/investment environment for years (a year to 2 decades) and I've never been swindled by a broker or been affected by a broker's insolvency to date. Anyone who is affected by this can only be considered a novice or not smart.

As I always advise, it is better you carefully select the broker you would use for your investments and trading activities unless you do not have a reasonable amount of assets with them or you are just not serious about the investment. I make sure that all my brokers are truly Regulated and "Insured." This is not a child's play for me, it is a serious business. Aside from that, if you are relating the insolvency to brokerage companies, can't casinos so insolvent as well? That is why I do not see that as a valid point since it is a deviation from what we are both trying to establish which is relating to the core functions and risks of both classes of business in relation to their mode of operation.

I marked the main difference between us
I`ve got nice results(as for me) in gambling and know how to make money here. But the same time i don`t have time/skills/knowledge for trading. I think that you have the same situation if we change gambling and trading.
The result is the same. I protect my way of getting profit, you protect your way. I sure that you believe, that getting stable profit from gambling just a luck, but the same i think about trading.
PS. I have some long time assets, but i don`t trade.

both gambling and trading can make us good money but we must always remember that not all the time we got profit cause there's a possibility that we will loss our money  especially in gambling not all the time we can make a good profits cause it will base on luck and if we don't have luck then we can't win in gambling also in trading if we are not lucky enough then we loss our Money.  So in both of these we need a good strategy band luck so that we can make s profit in the future.

[mak013]

I marked the main difference between us
I`ve got nice results(as for me) in gambling and know how to make money here. But the same time i don`t have time/skills/knowledge for trading. I think that you have the same situation if we change gambling and trading.
The result is the same. I protect my way of getting profit, you protect your way. I sure that you believe, that getting stable profit from gambling just a luck, but the same i think about trading.
PS. I have some long time assets, but i don`t trade.

What he says is very interesting, because clearly in trading there are ways to operate to protect our money, it just takes a lot of concentration, but in the game I have not found any regrets about making it possible to protect it, because it is always dependent on the luck, and that's something you can't control.

On the other hand, when you say protect in trade, there is a way that I don't know if you have done, I read that strategy in a Livermore book, and applying it to the current market it is as if you put your money in bitcoin in Long, but you want to protect your position, then you open another position in Shrot and with a leverage, a leverage that you can handle, then if the Long position begins to fall or the market goes against the Short you can win, and It is done in such a way that if we lose in LONG, in Short we would be earning the normal amount and above the Long, and since it is more difficult for the market to go in LONG, it is easy to disable the Sshort option, but this is something very risky, only with nerves of steel and with great care can you make good movies.

Now to find out how to protect the balance in a casino, well things are different, what I can say is that to protect yourself is to play with the minimum balance and establishing a small amount willing to lose, is what occurs to me.

But the previous one that I said was for only traders, and it is risky, but it is protection, but based on an investment, it is recommended to leave it in Bitcoin and be more aware that it is rising.

It is interesting. The difference that he is specialist in trading and i`m specialist in gambling. I`m winning for 3 years. Of course, not all my bets, some times even week can be with debt, but every month i get profit. Sometimes big, sometimes small enough. But i said that i have to split time between family, hobbies, job and gambling. For stable winning you have to work hard, in any other way it will be only luck.

I marked the main difference between us
I`ve got nice results(as for me) in gambling and know how to make money here. But the same time i don`t have time/skills/knowledge for trading. I think that you have the same situation if we change gambling and trading.
The result is the same. I protect my way of getting profit, you protect your way. I sure that you believe, that getting stable profit from gambling just a luck, but the same i think about trading.
PS. I have some long time assets, but i don`t trade.

both gambling and trading can make us good money but we must always remember that not all the time we got profit cause there's a possibility that we will loss our money  especially in gambling not all the time we can make a good profits cause it will base on luck and if we don't have luck then we can't win in gambling also in trading if we are not lucky enough then we loss our Money.  So in both of these we need a good strategy band luck so that we can make s profit in the future.

I understand sport betting. I get stable profit here. I don`t understand trading. For me trading like casino games - i can win, i can lose, i don`t know when buy and when sell.

[EarnOnVictor]

If some company becomes bankrupt your asset costs nothing. The same time your asset is virtual asset. If you buy gold bar for example - it would be a real asset. And if i use money management correct in gambling - i can`t lose on a distance, i tested it for more than 3 years.
The difference is that you can own your asset for years, but look at cryptocurrency shitcoins - i have 5-10 of them and i can sell it anybody.

I can see you are making a twist now because purchasing an asset for years was an illustration of what we do in the financial market in contrast to gambling on casinos which is what we are differentiating here. We did not relate it to the situation of liquidation of the company the way you are now driving it towards it. Don't you think that's a different ballgame as the mode of operation is different from the safety concern which is not peculiar to the financial market alone? But notwithstanding, there are still answers for them. I've lived in the trading/investment environment for years (a year to 2 decades) and I've never been swindled by a broker or been affected by a broker's insolvency to date. Anyone who is affected by this can only be considered a novice or not smart.

As I always advise, it is better you carefully select the broker you would use for your investments and trading activities unless you do not have a reasonable amount of assets with them or you are just not serious about the investment. I make sure that all my brokers are truly Regulated and "Insured." This is not a child's play for me, it is a serious business. Aside from that, if you are relating the insolvency to brokerage companies, can't casinos so insolvent as well? That is why I do not see that as a valid point since it is a deviation from what we are both trying to establish which is relating to the core functions and risks of both classes of business in relation to their mode of operation.

I marked the main difference between us
I`ve got nice results(as for me) in gambling and know how to make money here. But the same time i don`t have time/skills/knowledge for trading. I think that you have the same situation if we change gambling and trading.
The result is the same. I protect my way of getting profit, you protect your way. I sure that you believe, that getting stable profit from gambling just a luck, but the same i think about trading.
PS. I have some long time assets, but i don`t trade.

both gambling and trading can make us good money but we must always remember that not all the time we got profit cause there's a possibility that we will loss our money  especially in gambling not all the time we can make a good profits cause it will base on luck and if we don't have luck then we can't win in gambling also in trading if we are not lucky enough then we loss our Money.  So in both of these we need a good strategy band luck so that we can make s profit in the future.

For me, you are merely neutral here which was supposed not to be so as you say good and risk of the two and narrow it down to being a function of luck, so it is still about moving around a circle on the same matter. However, the clear thing is that trading/investment is a business but gambling is not, and never will it be. And when we talk about luck, I beat my cheat to tell you that you do not need it in trading/investment, once you are good at it, you get to override anything and make your money regularly. But you can't say the same thing in gambling, you actually need luck in gambling, and even as luck is just an expression like I always say, gamblers still need it because most of the gambling activities are wired in such a way that is random in outcomes, your expertise can't crack it. This means that you cannot use analysis to actually know what would happen because they are already written in codes which will not bring out an outcome in a certain pattern for you not to be getting it and be winning all ways.

Don't you think that if a certain arithmetic and pattern are what casinos are functioning with people would not run the business down by now? Of course, that is what would happen because it will only take a few days for people to know how it works and will be telling others how to cheaply make money as well. This is why casinos cannot afford not to find a random pattern for the outcomes which makes it depend greatly on luck, though some aspect of gambling like sports betting requires not only luck but also your skills. My question, is it happening in trading like that? Certainly not. Trading is a business and when you know it, you get to analyse it rightly, and if you are so good at it, you can still attain an accuracy of over 95%. Yes, you heard me, 95%, is that not almost perfect?

But in gambling, no amount of accuracy you have that can make you attain that feat at all. Needless to say that, if you are a bad trader, you can gamble and this is a different thing entirely. Also note that there are gambling aspects of trading/investment, which is the Options or Binary option trading. Options trading (gambling) is different from normal trading to tell you that they are just different.

[ultrloa]

If some company becomes bankrupt your asset costs nothing. The same time your asset is virtual asset. If you buy gold bar for example - it would be a real asset. And if i use money management correct in gambling - i can`t lose on a distance, i tested it for more than 3 years.
The difference is that you can own your asset for years, but look at cryptocurrency shitcoins - i have 5-10 of them and i can sell it anybody.

I can see you are making a twist now because purchasing an asset for years was an illustration of what we do in the financial market in contrast to gambling on casinos which is what we are differentiating here. We did not relate it to the situation of liquidation of the company the way you are now driving it towards it. Don't you think that's a different ballgame as the mode of operation is different from the safety concern which is not peculiar to the financial market alone? But notwithstanding, there are still answers for them. I've lived in the trading/investment environment for years (a year to 2 decades) and I've never been swindled by a broker or been affected by a broker's insolvency to date. Anyone who is affected by this can only be considered a novice or not smart.

As I always advise, it is better you carefully select the broker you would use for your investments and trading activities unless you do not have a reasonable amount of assets with them or you are just not serious about the investment. I make sure that all my brokers are truly Regulated and "Insured." This is not a child's play for me, it is a serious business. Aside from that, if you are relating the insolvency to brokerage companies, can't casinos so insolvent as well? That is why I do not see that as a valid point since it is a deviation from what we are both trying to establish which is relating to the core functions and risks of both classes of business in relation to their mode of operation.

I marked the main difference between us
I`ve got nice results(as for me) in gambling and know how to make money here. But the same time i don`t have time/skills/knowledge for trading. I think that you have the same situation if we change gambling and trading.
The result is the same. I protect my way of getting profit, you protect your way. I sure that you believe, that getting stable profit from gambling just a luck, but the same i think about trading.
PS. I have some long time assets, but i don`t trade.

both gambling and trading can make us good money but we must always remember that not all the time we got profit cause there's a possibility that we will loss our money  especially in gambling not all the time we can make a good profits cause it will base on luck and if we don't have luck then we can't win in gambling also in trading if we are not lucky enough then we loss our Money.  So in both of these we need a good strategy band luck so that we can make s profit in the future.

People need to know that both have similar risk but the other one which is trading can give more bigger chances if they do a research and have experience to deal with several scenarios in the market. In gambling although we are not sure here but the one we can gain with these platforms are fun  and from here it triggers competitive spirit that's why we continue to gamble since we enjoy those activities we have done in gambling platforms. But for me both should not be compared since its up for those people on what they like to participate and at the end of the day it matter the most on where they enjoy to spend their money.

[LUCKMCFLY]

I marked the main difference between us
I`ve got nice results(as for me) in gambling and know how to make money here. But the same time i don`t have time/skills/knowledge for trading. I think that you have the same situation if we change gambling and trading.
The result is the same. I protect my way of getting profit, you protect your way. I sure that you believe, that getting stable profit from gambling just a luck, but the same i think about trading.
PS. I have some long time assets, but i don`t trade.

What he says is very interesting, because clearly in trading there are ways to operate to protect our money, it just takes a lot of concentration, but in the game I have not found any regrets about making it possible to protect it, because it is always dependent on the luck, and that's something you can't control.

On the other hand, when you say protect in trade, there is a way that I don't know if you have done, I read that strategy in a Livermore book, and applying it to the current market it is as if you put your money in bitcoin in Long, but you want to protect your position, then you open another position in Shrot and with a leverage, a leverage that you can handle, then if the Long position begins to fall or the market goes against the Short you can win, and It is done in such a way that if we lose in LONG, in Short we would be earning the normal amount and above the Long, and since it is more difficult for the market to go in LONG, it is easy to disable the Sshort option, but this is something very risky, only with nerves of steel and with great care can you make good movies.

Now to find out how to protect the balance in a casino, well things are different, what I can say is that to protect yourself is to play with the minimum balance and establishing a small amount willing to lose, is what occurs to me.

But the previous one that I said was for only traders, and it is risky, but it is protection, but based on an investment, it is recommended to leave it in Bitcoin and be more aware that it is rising.

It is interesting. The difference that he is specialist in trading and i`m specialist in gambling. I`m winning for 3 years. Of course, not all my bets, some times even week can be with debt, but every month i get profit. Sometimes big, sometimes small enough. But i said that i have to split time between family, hobbies, job and gambling. For stable winning you have to work hard, in any other way it will be only luck.

Well, the truth is worth admiring, having 3 years of consistent earnings then it could be said that you are approaching the level of Professionalism and being a successful player , of course , for this you already have "the shot at this" just like They say it here but it's good because then here many should take your example and See if you can be Successful without being a person who falls into Addiction or something similar , the Truth is I have tried to be like that, but it is difficult, Of course dealing with intermittent games in the casino is something that Seems more difficult to me, with sports betting I think the possibility of winning and making more money.

Personally, I admire people who sound like you because they are Basically breaking statistics, and well, I hope you continue like this and that the success rate is higher every day.

It is important that each person who is in the forum and seeks to be like this, gives importance to what you publish because it is a way to follow people who know.

It is really difficult to find people who have a Positive balance above the negative balance , being in constant profits in the casino is practically a blessing, what I tell you is that you continue like this because you are a good example for many players.

[mak013]

It is interesting. The difference that he is specialist in trading and i`m specialist in gambling. I`m winning for 3 years. Of course, not all my bets, some times even week can be with debt, but every month i get profit. Sometimes big, sometimes small enough. But i said that i have to split time between family, hobbies, job and gambling. For stable winning you have to work hard, in any other way it will be only luck.

Well, the truth is worth admiring, having 3 years of consistent earnings then it could be said that you are approaching the level of Professionalism and being a successful player , of course , for this you already have "the shot at this" just like They say it here but it's good because then here many should take your example and See if you can be Successful without being a person who falls into Addiction or something similar , the Truth is I have tried to be like that, but it is difficult, Of course dealing with intermittent games in the casino is something that Seems more difficult to me, with sports betting I think the possibility of winning and making more money.

Personally, I admire people who sound like you because they are Basically breaking statistics, and well, I hope you continue like this and that the success rate is higher every day.

It is important that each person who is in the forum and seeks to be like this, gives importance to what you publish because it is a way to follow people who know.

It is really difficult to find people who have a Positive balance above the negative balance , being in constant profits in the casino is practically a blessing, what I tell you is that you continue like this because you are a good example for many players.

It is easy to understand. The main part of people think that gambling(and sport betting as a part of it) is just easy money, depends on luck. And if someone wins regularly or big sums - he is just lucky. That`s why lots of losers - they hope they are lucky. But the truth is that if you want to win, to get stable profit - you must work hard. Analyze matches, search some hidden information, searching online translations, etc. No one thinks about it - they see just lucky guy who easy get profit from gambling.

[delfastTions]

It is interesting. The difference that he is specialist in trading and i`m specialist in gambling. I`m winning for 3 years. Of course, not all my bets, some times even week can be with debt, but every month i get profit. Sometimes big, sometimes small enough. But i said that i have to split time between family, hobbies, job and gambling. For stable winning you have to work hard, in any other way it will be only luck.

Well, the truth is worth admiring, having 3 years of consistent earnings then it could be said that you are approaching the level of Professionalism and being a successful player , of course , for this you already have "the shot at this" just like They say it here but it's good because then here many should take your example and See if you can be Successful without being a person who falls into Addiction or something similar , the Truth is I have tried to be like that, but it is difficult, Of course dealing with intermittent games in the casino is something that Seems more difficult to me, with sports betting I think the possibility of winning and making more money.

Personally, I admire people who sound like you because they are Basically breaking statistics, and well, I hope you continue like this and that the success rate is higher every day.

It is important that each person who is in the forum and seeks to be like this, gives importance to what you publish because it is a way to follow people who know.

It is really difficult to find people who have a Positive balance above the negative balance , being in constant profits in the casino is practically a blessing, what I tell you is that you continue like this because you are a good example for many players.

It is easy to understand. The main part of people think that gambling(and sport betting as a part of it) is just easy money, depends on luck. And if someone wins regularly or big sums - he is just lucky. That`s why lots of losers - they hope they are lucky. But the truth is that if you want to win, to get stable profit - you must work hard. Analyze matches, search some hidden information, searching online translations, etc. No one thinks about it - they see just lucky guy who easy get profit from gambling.

It really seems to many people that such a player is simply lucky. 

Although some of these lucky ones tell people around them that they actually carefully and thoroughly study the question of what kind of bet and at what point in time should be made.  However, I think that those who are superficial about this type of activity still do not believe that such a player has put a lot of effort into his such a successful game and continue to simply consider him a lucky person who is simply lucky.  In my opinion, if you don’t conduct such research yourself, then this is a simple argument in case of constant failures.  You're just unlucky, that's all!  And I’m just too lazy to study the issue of optimal rates and don’t want to waste my time.

 But I think that those players, and indeed the people around you, who are simply smarter than others, understand the importance of such analytical work of this very lucky person.

[kotajikikox]

Stocks can play you, investment brokers can as well play you when you're into making business with them because you cant trust people when it comes to issues that pertains money being involved, but a reputable casino is not playing you and cant play you, you're gambling for fun and not for business the way you do with stock markets and crypto brokers, gambling gives us fun and we are playing games at the course and this is strictly different from making business.

I think it is who plays us and who we are playing .

for me I am not dealing in Stocks , never in forex and never enters brokerage so for me it is Casino that I trust more  and obviously gambling is about playing , we are playing in casino and yes casino is also playing with us so what ever the problem is? we have consent to what is happening .

[mak013]

It is easy to understand. The main part of people think that gambling(and sport betting as a part of it) is just easy money, depends on luck. And if someone wins regularly or big sums - he is just lucky. That`s why lots of losers - they hope they are lucky. But the truth is that if you want to win, to get stable profit - you must work hard. Analyze matches, search some hidden information, searching online translations, etc. No one thinks about it - they see just lucky guy who easy get profit from gambling.

It really seems to many people that such a player is simply lucky. 

Although some of these lucky ones tell people around them that they actually carefully and thoroughly study the question of what kind of bet and at what point in time should be made.  However, I think that those who are superficial about this type of activity still do not believe that such a player has put a lot of effort into his such a successful game and continue to simply consider him a lucky person who is simply lucky.  In my opinion, if you don’t conduct such research yourself, then this is a simple argument in case of constant failures.  You're just unlucky, that's all!  And I’m just too lazy to study the issue of optimal rates and don’t want to waste my time.

 But I think that those players, and indeed the people around you, who are simply smarter than others, understand the importance of such analytical work of this very lucky person.

Today i lost about $100. I think that i was unlucky, But yesterday i was lucky and got about $150.
Seriously, yesterday there were lots of interesting for me matches, i got enough information and i could choose interesting odds. And today there are just few matches and i try to get something from it. Sometimes it works, but not today. The best decision in such situation is not to bet, but i have yesterday money and due to it decided to risk. It was wrong decision

[LUCKMCFLY]

Today i lost about $100. I think that i was unlucky, But yesterday i was lucky and got about $150.
Seriously, yesterday there were lots of interesting for me matches, i got enough information and i could choose interesting odds. And today there are just few matches and i try to get something from it. Sometimes it works, but not today. The best decision in such situation is not to bet, but i have yesterday money and due to it decided to risk. It was wrong decision

Well the important thing is that even though you lost those 100usd you are still in profits for those +50usd, the truth is I was about to lose money yesterday with the Porto and Arsenal match, because I was going to bet in favor of Porto and I was going to bet in favor of Napoli , but for me neither of the two teams seemed to me that one played more than the Other , the twoTeams for me are at the Same level, only here I had a problem and I couldn't do it, However today You have a good opportunity, today there are more UCL if you lost in UCL, but even so, you are in positive balance, and that is very valuable, I am sure that there are few like you and this Makes things different, in that As far as I'm concerned, I think that things with sports betting have a much better chance of Recovering, sports betting is Always a more benevolent Option than playing a specific game in a casino.

Today's betting criteria are interesting, where for me the Highlight will be Between Atletico and Inter, I could lean more towards Inter and between Dortmund and PSV I see Dormtund as the winner, however the match I don't want to miss It's Inter's, they are unstoppable in Serie A.

[bitterguy28]

are we forgetting that those people who use brokers also benefit from them? hence why i dont think it’s that bad of a thing for brokers to have a little commission here and there. nothing bad about their jobs especially that is where they are earning money … it seems like a job that is very profitable and risk-free so why not do it? 

I don't think this kind of work is very risk-free. 
Although, of course, it is profitable and obviously they simply would not exist if they did not have good profits from clients.  As for the risk, it is of course likely to be reduced if the broker gains experience along the way.  But this experience can take many years, and by the way, the work itself is very nervous.  Almost always, the broker is worried while waiting for the results of how much his and his clients’ assets have become worth where he has invested these assets.  This expectation provokes a stressful situation.  And this happens all the time, one might say on a conveyor belt.  As a result, the nervous system is depleted, and as you know, nerve cells are not restored and the health of such a person is gradually lost much faster than that of an ordinary employee working at work without constant stress. 
In this case, I would consider such work very risky.

well yeah , nothing in this world is risk free though at least LESS RISK is what the best term to use in that part right? 
but still broker is on of the best job to have as long as you are already mature and knowledgeable in that area because most of the time this is capital free and you only need to use your connection and your Saliva to earn.

[delfastTions]

It is easy to understand. The main part of people think that gambling(and sport betting as a part of it) is just easy money, depends on luck. And if someone wins regularly or big sums - he is just lucky. That`s why lots of losers - they hope they are lucky. But the truth is that if you want to win, to get stable profit - you must work hard. Analyze matches, search some hidden information, searching online translations, etc. No one thinks about it - they see just lucky guy who easy get profit from gambling.

It really seems to many people that such a player is simply lucky. 

Although some of these lucky ones tell people around them that they actually carefully and thoroughly study the question of what kind of bet and at what point in time should be made.  However, I think that those who are superficial about this type of activity still do not believe that such a player has put a lot of effort into his such a successful game and continue to simply consider him a lucky person who is simply lucky.  In my opinion, if you don’t conduct such research yourself, then this is a simple argument in case of constant failures.  You're just unlucky, that's all!  And I’m just too lazy to study the issue of optimal rates and don’t want to waste my time.

 But I think that those players, and indeed the people around you, who are simply smarter than others, understand the importance of such analytical work of this very lucky person.

Today i lost about $100. I think that i was unlucky, But yesterday i was lucky and got about $150.
Seriously, yesterday there were lots of interesting for me matches, i got enough information and i could choose interesting odds. And today there are just few matches and i try to get something from it. Sometimes it works, but not today. The best decision in such situation is not to bet, but i have yesterday money and due to it decided to risk. It was wrong decision

Well, in any case, your winnings 2 days ago are more than what you lost yesterday, and that’s good news!  And so we can say another lesson taught to you by the gambling market itself.  On the other hand, we all go through this from time to time and we should just forget about it automatically and quickly. 

are we forgetting that those people who use brokers also benefit from them? hence why i dont think it’s that bad of a thing for brokers to have a little commission here and there. nothing bad about their jobs especially that is where they are earning money … it seems like a job that is very profitable and risk-free so why not do it? 

I don't think this kind of work is very risk-free. 
Although, of course, it is profitable and obviously they simply would not exist if they did not have good profits from clients.  As for the risk, it is of course likely to be reduced if the broker gains experience along the way.  But this experience can take many years, and by the way, the work itself is very nervous.  Almost always, the broker is worried while waiting for the results of how much his and his clients’ assets have become worth where he has invested these assets.  This expectation provokes a stressful situation.  And this happens all the time, one might say on a conveyor belt.  As a result, the nervous system is depleted, and as you know, nerve cells are not restored and the health of such a person is gradually lost much faster than that of an ordinary employee working at work without constant stress. 
In this case, I would consider such work very risky.

well yeah , nothing in this world is risk free though at least LESS RISK is what the best term to use in that part right? 
but still broker is on of the best job to have as long as you are already mature and knowledgeable in that area because most of the time this is capital free and you only need to use your connection and your Saliva to earn.

Yeah, I think I agree with you that such work of brokers cannot be called too risky. 
This is probably more of a medium risk job.  And much, of course, depends on the experience and rational gaming behavior of the broker.  And it also depends on the character traits of these people.  But I am convinced of one thing - that such activity is very exhausting work for the nervous system.  I think that anyway, brokers are constantly in a fairly serious stressful situation and this, in turn, provokes the emergence of various other diseases.  So this kind of work can be considered “harmful”.

[rodskee]

If some company becomes bankrupt your asset costs nothing. The same time your asset is virtual asset. If you buy gold bar for example - it would be a real asset. And if i use money management correct in gambling - i can`t lose on a distance, i tested it for more than 3 years.
The difference is that you can own your asset for years, but look at cryptocurrency shitcoins - i have 5-10 of them and i can sell it anybody.

I can see you are making a twist now because purchasing an asset for years was an illustration of what we do in the financial market in contrast to gambling on casinos which is what we are differentiating here. We did not relate it to the situation of liquidation of the company the way you are now driving it towards it. Don't you think that's a different ballgame as the mode of operation is different from the safety concern which is not peculiar to the financial market alone? But notwithstanding, there are still answers for them. I've lived in the trading/investment environment for years (a year to 2 decades) and I've never been swindled by a broker or been affected by a broker's insolvency to date. Anyone who is affected by this can only be considered a novice or not smart.

As I always advise, it is better you carefully select the broker you would use for your investments and trading activities unless you do not have a reasonable amount of assets with them or you are just not serious about the investment. I make sure that all my brokers are truly Regulated and "Insured." This is not a child's play for me, it is a serious business. Aside from that, if you are relating the insolvency to brokerage companies, can't casinos so insolvent as well? That is why I do not see that as a valid point since it is a deviation from what we are both trying to establish which is relating to the core functions and risks of both classes of business in relation to their mode of operation.

I marked the main difference between us
I`ve got nice results(as for me) in gambling and know how to make money here. But the same time i don`t have time/skills/knowledge for trading. I think that you have the same situation if we change gambling and trading.
The result is the same. I protect my way of getting profit, you protect your way. I sure that you believe, that getting stable profit from gambling just a luck, but the same i think about trading.
PS. I have some long time assets, but i don`t trade.

both gambling and trading can make us good money but we must always remember that not all the time we got profit cause there's a possibility that we will loss our money  especially in gambling not all the time we can make a good profits cause it will base on luck and if we don't have luck then we can't win in gambling also in trading if we are not lucky enough then we loss our Money.  So in both of these we need a good strategy band luck so that we can make s profit in the future.

nothing in this world is certain and intact because gambling can be too risky while trading at
the same time is risky , either to start in both we will face risk but this is how our knowledge and
control is needed , in gambling we need more on luck but in trading we need more on skills and
knowledge.

[Taskford]

People should separate this options since they are really different and there's no sense comparing both programs since they have different execution. The only similar on that particular platform is the risk of losing money.

But its more advisable if they forget to have a debate regarding on this topic since they are just giving their selves any unwanted stress and they can't please anyone to believe on their opinion since everyone is right according to what they understand about it. Risk is part of everything and any mentioned words above doesn't really give any sense at all. People just should remember to find what they really like and choose it, don't gamble or trade if you don't fully understand what are you trying to do.

[mak013]

Today i lost about $100. I think that i was unlucky, But yesterday i was lucky and got about $150.
Seriously, yesterday there were lots of interesting for me matches, i got enough information and i could choose interesting odds. And today there are just few matches and i try to get something from it. Sometimes it works, but not today. The best decision in such situation is not to bet, but i have yesterday money and due to it decided to risk. It was wrong decision

Well the important thing is that even though you lost those 100usd you are still in profits for those +50usd, the truth is I was about to lose money yesterday with the Porto and Arsenal match, because I was going to bet in favor of Porto and I was going to bet in favor of Napoli , but for me neither of the two teams seemed to me that one played more than the Other , the twoTeams for me are at the Same level, only here I had a problem and I couldn't do it, However today You have a good opportunity, today there are more UCL if you lost in UCL, but even so, you are in positive balance, and that is very valuable, I am sure that there are few like you and this Makes things different, in that As far as I'm concerned, I think that things with sports betting have a much better chance of Recovering, sports betting is Always a more benevolent Option than playing a specific game in a casino.

Today's betting criteria are interesting, where for me the Highlight will be Between Atletico and Inter, I could lean more towards Inter and between Dortmund and PSV I see Dormtund as the winner, however the match I don't want to miss It's Inter's, they are unstoppable in Serie A.

I don`t like big games - it is difficult to get nice odd on big matches. So i just watching UCL, mostly without bets(of course, i bet if i see a big chance in live translation).
About profit - sometimes i have more free time than i need, more than i planned and i don`t know what to do these 1-2 hours right now. Sometimes i get matches this time and even if i don`t see interesting odds, i watch the match and try to bet even against analyze. Mostly lose, but it is funny enough and i bet, only if i have profit that week.

Today i lost about $100. I think that i was unlucky, But yesterday i was lucky and got about $150.
Seriously, yesterday there were lots of interesting for me matches, i got enough information and i could choose interesting odds. And today there are just few matches and i try to get something from it. Sometimes it works, but not today. The best decision in such situation is not to bet, but i have yesterday money and due to it decided to risk. It was wrong decision

Well, in any case, your winnings 2 days ago are more than what you lost yesterday, and that’s good news!  And so we can say another lesson taught to you by the gambling market itself.  On the other hand, we all go through this from time to time and we should just forget about it automatically and quickly. 

Yep, i`m still with the profit. I make such bets only if i`ve won that week, so i don`t sure that i remember it - it is funny even if i lose.

[delfastTions]

....
Well, in any case, your winnings 2 days ago are more than what you lost yesterday, and that’s good news!  And so we can say another lesson taught to you by the gambling market itself.  On the other hand, we all go through this from time to time and we should just forget about it automatically and quickly. 

Yep, i`m still with the profit. I make such bets only if i`ve won that week, so i don`t sure that i remember it - it is funny even if i lose.
[/quote]
It’s true, I’m very happy for you and that you’re still making a profit.  And I wish you good luck so that it continues in your game and if “payment for the pleasure of gambling” appears in your game, it will only cause laughter and smiles.  And this game will never bring serious disappointment. 
This is exactly how I imagine the ideal use of casino services by players

[promise444c5]

Yeah brokers might benefit from bid offers and as well as commissions, they could gain either from your profits  or loss but they provide an essential  service which is liquidity .
Regardless  of which side you are on, you will continue  to deal with future  events although casinos my require critical thinking sometimes  but the major the major difference  is that  Casinos might  deal with luck while forex doesn't  so comparing them might be a little outrageous.
Coming back to your topic, some brokers  take it too deep in termof this benefits  and that's  why its  crucial to know the kind of broker you will be deleting with before deposition  of funds

[EarnOnVictor]

If some company becomes bankrupt your asset costs nothing. The same time your asset is virtual asset. If you buy gold bar for example - it would be a real asset. And if i use money management correct in gambling - i can`t lose on a distance, i tested it for more than 3 years.
The difference is that you can own your asset for years, but look at cryptocurrency shitcoins - i have 5-10 of them and i can sell it anybody.

I can see you are making a twist now because purchasing an asset for years was an illustration of what we do in the financial market in contrast to gambling on casinos which is what we are differentiating here. We did not relate it to the situation of liquidation of the company the way you are now driving it towards it. Don't you think that's a different ballgame as the mode of operation is different from the safety concern which is not peculiar to the financial market alone? But notwithstanding, there are still answers for them. I've lived in the trading/investment environment for years (a year to 2 decades) and I've never been swindled by a broker or been affected by a broker's insolvency to date. Anyone who is affected by this can only be considered a novice or not smart.

As I always advise, it is better you carefully select the broker you would use for your investments and trading activities unless you do not have a reasonable amount of assets with them or you are just not serious about the investment. I make sure that all my brokers are truly Regulated and "Insured." This is not a child's play for me, it is a serious business. Aside from that, if you are relating the insolvency to brokerage companies, can't casinos so insolvent as well? That is why I do not see that as a valid point since it is a deviation from what we are both trying to establish which is relating to the core functions and risks of both classes of business in relation to their mode of operation.

I marked the main difference between us
I`ve got nice results(as for me) in gambling and know how to make money here. But the same time i don`t have time/skills/knowledge for trading. I think that you have the same situation if we change gambling and trading.
The result is the same. I protect my way of getting profit, you protect your way. I sure that you believe, that getting stable profit from gambling just a luck, but the same i think about trading.
PS. I have some long time assets, but i don`t trade.

both gambling and trading can make us good money but we must always remember that not all the time we got profit cause there's a possibility that we will loss our money  especially in gambling not all the time we can make a good profits cause it will base on luck and if we don't have luck then we can't win in gambling also in trading if we are not lucky enough then we loss our Money.  So in both of these we need a good strategy band luck so that we can make s profit in the future.

nothing in this world is certain and intact because gambling can be too risky while trading at
the same time is risky , either to start in both we will face risk but this is how our knowledge and
control is needed , in gambling we need more on luck but in trading we need more on skills and
knowledge.

I agree that nothing is certain in this world, just as nothing is perfect as well. But I do not agree that when much learning has been ensured in both they now become the same. This subsists when it comes to the difference we are trying to establish here, and no amount of knowledge and application can make gambling the same in terms of the risk involved and the lack of business and investment scope in it.

Also, about this context, one thing that is certain is that trading is better managed by professional traders, unlike gambling no matter how professional the person is. Both trading and gambling can be likened together if the persons handling the two are not good but are just forcing themselves to do the two. However, it gets different when the people involved in the two are professionals in the field, that is how the distinction between them would be clearly revealed.

Gambling is good too if you can handle it very well in terms of handling yourself (emotion) and also the management of the account. Some people are earning in gambling and many are losing, while some will be earning and losing with almost nothing to show for it. So it is about the way you handle it all together, nevertheless, it should never be viewed in a model of trading and investment simply because risk is involved in the two, they are not just the same.

[Obari]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Don’t know what prompted this whole issue of discussion but I think the op is speaking from a stand point of safety as per who has tried and lost to the two at some point and I could relate to this back then when I was still trading synthetic indices, I always feel like the brokers are always manipulating the market especially when the losses are too much and I think the early wins are just to trick us into trading more which we might still eventually loss then all back to the broker but at the long run, I later had to die that very thought because I realized that, there are still people who are doing very well in the field.

When talking about gambling, I think gambling(soccer prediction) are more transparent as your results are based on your predictions and there are also professional gamblers who live their lives off gambling proceeds.

Don’t know if I’m on point but that truly matters is the fact that we try to learn the basis of whatever field we’re going into, to avoid feeling cheated.

[kotajikikox]

People should separate this options since they are really different and there's no sense comparing both programs since they have different execution. The only similar on that particular platform is the risk of losing money.

I don't know why they are comparing gambling into investment when they are in all side very different , gambling is completely luck base and investment is knowledge and skills.
but they are all risky maybe in that sense they are the same.

But its more advisable if they forget to have a debate regarding on this topic since they are just giving their selves any unwanted stress and they can't please anyone to believe on their opinion since everyone is right according to what they understand about it. Risk is part of everything and any mentioned words above doesn't really give any sense at all. People just should remember to find what they really like and choose it, don't gamble or trade if you don't fully understand what are you trying to do.

you know this forum mate , people are just looking for something to talk and mostly have a debate lol.this made many people here happy.

[mak013]

Yep, i`m still with the profit. I make such bets only if i`ve won that week, so i don`t sure that i remember it - it is funny even if i lose.

It’s true, I’m very happy for you and that you’re still making a profit.  And I wish you good luck so that it continues in your game and if “payment for the pleasure of gambling” appears in your game, it will only cause laughter and smiles.  And this game will never bring serious disappointment. 
This is exactly how I imagine the ideal use of casino services by players

Thanks If we don`t talking about gambling as a job - the gambling must be positive. You can lose money, but get positive emotions. If you win some money - you can "feed a bookie" and get exciting match.
If for you gambling is a job - it is more difficult to get positive emotions, but you get result that satisfies you. The only thing we must always remember - the gambling must not become the entire life.

[Fivestar4everMVP]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Of course brokers are making money on every trade you make. That’s their business. If they were gambling on trades to make money, then it would be safe to assume that at some point they would lose big possibly effecting the balances of their customers. It’s easier to take a small piece of all the action then to try and gamble for a bigger piece. That benefits nobody.

You are completely right and I agree with you, having traded forex myself, I do not think brokers risk or lose any money, they are simply middle men connecting traders to the financial market, just the same way crypto exchanges, both centralized and decentralized are connecting crypto traders to the crypto currency market, they make money on every trade carried out on their platform, whether it be a buy or a sell, and it doesn't matter whether the trader is trading at a loss, brokers will always take their cut in the form of trading fees, they also make money in when traders withdraw, the same way crypto exchanges charge $1 to withdraw usdt (depending on the chain) and when you check the fee it took to process the transaction on the Blockchain, you discover it's not even up to $0.1 for some Blockchain network.
Brokers charge what is called withdrawal commission.

So, in the end, brokers seem never a risk a thing, but are on a straight up profit making, doesn't matter how much a trader loses, broker make their money as long as the trader is carrying out any form of transactions on the platform.
The only area where I think brokers spend their money is on the government registration and their operational licenses, license renewals, regulation fees and so on, and as well, to pay their workers.

[promise444c5]

Yep, i`m still with the profit. I make such bets only if i`ve won that week, so i don`t sure that i remember it - it is funny even if i lose.

It’s true, I’m very happy for you and that you’re still making a profit.  And I wish you good luck so that it continues in your game and if “payment for the pleasure of gambling” appears in your game, it will only cause laughter and smiles.  And this game will never bring serious disappointment. 
This is exactly how I imagine the ideal use of casino services by players

Thanks If we don`t talking about gambling as a job - the gambling must be positive. You can lose money, but get positive emotions. If you win some money - you can "feed a bookie" and get exciting match.
If for you gambling is a job - it is more difficult to get positive emotions, but you get result that satisfies you. The only thing we must always remember - the gambling must not become the entire life.

Gambling should not done as a job because taking  it as a job (which means you would  be doing it for an entire  life time because  last i check there's no form of retirement could ruin you financially  and even psychological and if lucky, you could become  the next millionaire but the chance of getting this is very slim.

[Hamphser]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

This might be old but i would really be still answering this on which this is how business works and you can expect it and its better to mind your own business rather than on trying out to sue out those brokers
that they are making easy money. This is business and so as with other business although they arent taking some risks compared into other businesses but well this is how things do works
and better deal with it because making money or revenue is something that every business would really be targeting on.

Just like on others been saying that it would really be always best that you shouldnt really be considering about touching up on how they do make money.
Dealing up with gambling, trading or forex then it would really be having its own approach. Finding it on how then it wont really be that hard.

[rodskee]

Gambling should not done as a job because taking  it as a job (which means you would  be doing it for an entire  life time because  last i check there's no form of retirement could ruin you financially  and even psychological and if lucky, you could become  the next millionaire but the chance of getting this is very slim.

There are very few that succeed in gambling using as main money making and some even
leave their Job to focus completely in gambling but as i said Very Few of them succeed and
the majority go home with nothing but debt.
so try not to become gambling relying person but instead have a permanent job to work.

[Woodie]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret.

When you talk about sly brokers, chances are that these are unregulated broker's... anything that involves playing with market feeds to outsmart traders does get reported and affects the licensing of such a broker,  which results in penalties and the alike...

As of gambling I think the most manipulative ones are these small casinos as they have nothing to lose as compared to establised casino's that have their reputation on the line.

We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Anything is possible because we don't know what's happening in the background, but if there is any foul play it does get exposed eventually...so for now it's all speculative or FUD.

[sunsilk]

There are very few that succeed in gambling using as main money making and some even
leave their Job to focus completely in gambling

I've known people personally that have quit their job to do gambling full time. But it's not that they're full time gamblers but they're offering some kind of affiliates to their friends as well so that they get commission. So, it's not just they're gambling only but also trying to market the casino that they're gambling with.

but as i said Very Few of them succeed and
the majority go home with nothing but debt.
so try not to become gambling relying person but instead have a permanent job to work.

This is so true, not all of them reaches success and that's why they're able to get into debts that seems to be a trap for them and they can't get out of it.

Don't be a full time gambler when you're not rich but even the rich gets to the point of losing everything that they can because of having no control and because of too much addiction.

[mak013]

Thanks If we don`t talking about gambling as a job - the gambling must be positive. You can lose money, but get positive emotions. If you win some money - you can "feed a bookie" and get exciting match.
If for you gambling is a job - it is more difficult to get positive emotions, but you get result that satisfies you. The only thing we must always remember - the gambling must not become the entire life.

Gambling should not done as a job because taking  it as a job (which means you would  be doing it for an entire  life time because  last i check there's no form of retirement could ruin you financially  and even psychological and if lucky, you could become  the next millionaire but the chance of getting this is very slim.

If you can`t get stable profit from gambling - it means only that you mustn`t make it a job. But it doesn`t mean that someone else can`t. About retirement - it sounds funny. I can stop working or gambling any time i want and i don`t need some help for my old bones. Everybody must think about it when he is young. Just think about it right now, don`t waste time.

[avp2306]

There are very few that succeed in gambling using as main money making and some even
leave their Job to focus completely in gambling

I've known people personally that have quit their job to do gambling full time. But it's not that they're full time gamblers but they're offering some kind of affiliates to their friends as well so that they get commission. So, it's not just they're gambling only but also trying to market the casino that they're gambling with.

They really need to widen up their influence before they can do that and its not easy to build up your own community to get decent profit from it and this is not applicable to anyone that's why people should not think about quitting since their gambling hustle will provide.

Its more better if they would just make it as side hustle and only quit their job when they are stable enough to sustain all their daily needs.

See a lot of people doing this and I don't see any consistency on the earnings since you need to spend a lot of efforts just to convince people to sign up under your link and try those platform what you offer to them.

[Zadicar]

There are very few that succeed in gambling using as main money making and some even
leave their Job to focus completely in gambling

I've known people personally that have quit their job to do gambling full time. But it's not that they're full time gamblers but they're offering some kind of affiliates to their friends as well so that they get commission. So, it's not just they're gambling only but also trying to market the casino that they're gambling with.

They really need to widen up their influence before they can do that and its not easy to build up your own community to get decent profit from it and this is not applicable to anyone that's why people should not think about quitting since their gambling hustle will provide.

Its more better if they would just make it as side hustle and only quit their job when they are stable enough to sustain all their daily needs.

See a lot of people doing this and I don't see any consistency on the earnings since you need to spend a lot of efforts just to convince people to sign up under your link and try those platform what you offer to them.

Affiliate or referral then getting even your first people that would be registering under your link would really be that too pain in the ass on which it would really be that a normal thing that there would really be those huge challenges if you would really be doing into this path. Not all would really be that good when it comes marketing and other stuffs in correlation to this one. Never ever make gambling to be your
source of income because this isnt something that could really be that possible for you to be able to sustain on. As for money making or money game then these business would really be
always have the advantage. This is business on which it would be normal that they would really be always having the advantage.

[sunsilk]

I've known people personally that have quit their job to do gambling full time. But it's not that they're full time gamblers but they're offering some kind of affiliates to their friends as well so that they get commission. So, it's not just they're gambling only but also trying to market the casino that they're gambling with.

They really need to widen up their influence before they can do that and its not easy to build up your own community to get decent profit from it and this is not applicable to anyone that's why people should not think about quitting since their gambling hustle will provide.

Its more better if they would just make it as side hustle and only quit their job when they are stable enough to sustain all their daily needs.

See a lot of people doing this and I don't see any consistency on the earnings since you need to spend a lot of efforts just to convince people to sign up under your link and try those platform what you offer to them.

Yes, building something such as a community where your community members will be not forced to sign up but will do it voluntarily because they've seen on how good you are and helpful to them.

Well, even if we say so that they should do that part time but I've been seeing them promoting it countless times and it's like always on their feed and I don't know if they've got some community that they're not publishing.

But it seems that it is working for them and they're making some good money out of those promotions and affiliates and that's the reason why they do it full time.

[delfastTions]

Yep, i`m still with the profit. I make such bets only if i`ve won that week, so i don`t sure that i remember it - it is funny even if i lose.

It’s true, I’m very happy for you and that you’re still making a profit.  And I wish you good luck so that it continues in your game and if “payment for the pleasure of gambling” appears in your game, it will only cause laughter and smiles.  And this game will never bring serious disappointment. 
This is exactly how I imagine the ideal use of casino services by players

Thanks If we don`t talking about gambling as a job - the gambling must be positive. You can lose money, but get positive emotions. If you win some money - you can "feed a bookie" and get exciting match.
If for you gambling is a job - it is more difficult to get positive emotions, but you get result that satisfies you. The only thing we must always remember - the gambling must not become the entire life.

Gambling should not done as a job because taking  it as a job (which means you would  be doing it for an entire  life time because  last i check there's no form of retirement could ruin you financially  and even psychological and if lucky, you could become  the next millionaire but the chance of getting this is very slim.

In general, I don’t really understand people who treat gambling as their job. 
Everyone knows that the work of any person can bring satisfaction and at some moments become boring and very annoying, especially when you are simply tired of work.  And gambling, if it begins to irritate you, then why continue to play with one stupid and stupid thought of winning back the lost money.  A smarter player understands perfectly well that in such a state it is almost impossible to win back. 
So it turns out that working in gambling is a complete stupid thing that not very smart people do.  And ahead of them there is only disappointment.

[mak013]

Thanks If we don`t talking about gambling as a job - the gambling must be positive. You can lose money, but get positive emotions. If you win some money - you can "feed a bookie" and get exciting match.
If for you gambling is a job - it is more difficult to get positive emotions, but you get result that satisfies you. The only thing we must always remember - the gambling must not become the entire life.

Gambling should not done as a job because taking  it as a job (which means you would  be doing it for an entire  life time because  last i check there's no form of retirement could ruin you financially  and even psychological and if lucky, you could become  the next millionaire but the chance of getting this is very slim.

In general, I don’t really understand people who treat gambling as their job. 
Everyone knows that the work of any person can bring satisfaction and at some moments become boring and very annoying, especially when you are simply tired of work.  And gambling, if it begins to irritate you, then why continue to play with one stupid and stupid thought of winning back the lost money.  A smarter player understands perfectly well that in such a state it is almost impossible to win back. 
So it turns out that working in gambling is a complete stupid thing that not very smart people do.  And ahead of them there is only disappointment.

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

[delfastTions]

Thanks If we don`t talking about gambling as a job - the gambling must be positive. You can lose money, but get positive emotions. If you win some money - you can "feed a bookie" and get exciting match.
If for you gambling is a job - it is more difficult to get positive emotions, but you get result that satisfies you. The only thing we must always remember - the gambling must not become the entire life.

Gambling should not done as a job because taking  it as a job (which means you would  be doing it for an entire  life time because  last i check there's no form of retirement could ruin you financially  and even psychological and if lucky, you could become  the next millionaire but the chance of getting this is very slim.

In general, I don’t really understand people who treat gambling as their job. 
Everyone knows that the work of any person can bring satisfaction and at some moments become boring and very annoying, especially when you are simply tired of work.  And gambling, if it begins to irritate you, then why continue to play with one stupid and stupid thought of winning back the lost money.  A smarter player understands perfectly well that in such a state it is almost impossible to win back. 
So it turns out that working in gambling is a complete stupid thing that not very smart people do.  And ahead of them there is only disappointment.

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

Well, if we look at gambling this way, then I can’t really agree that an activity that in the long term leads to the loss of your money with a probability of more than 90% (approximately so), and in the very distant long term this probability generally approaches 99%.  It is perhaps quite difficult to call such activity work.  Of course, apparently there are truly professional players and what they do in gambling can be conditionally considered work, but only if they have no other type of income-generating activity and do not have a large inheritance that allows them to live for many years and not work at all. 
But apparently, almost all people who are into gambling live according to the scheme - they earned money at their main job - they lost part of this money to the casino.  And in this case, gambling cannot be called work.  And for the vast majority of players, gambling still cannot be a job. 
In my opinion this is true.

[Fivestar4everMVP]

Thanks If we don`t talking about gambling as a job - the gambling must be positive. You can lose money, but get positive emotions. If you win some money - you can "feed a bookie" and get exciting match.
If for you gambling is a job - it is more difficult to get positive emotions, but you get result that satisfies you. The only thing we must always remember - the gambling must not become the entire life.

Gambling should not done as a job because taking  it as a job (which means you would  be doing it for an entire  life time because  last i check there's no form of retirement could ruin you financially  and even psychological and if lucky, you could become  the next millionaire but the chance of getting this is very slim.

In general, I don’t really understand people who treat gambling as their job. 
Everyone knows that the work of any person can bring satisfaction and at some moments become boring and very annoying, especially when you are simply tired of work.  And gambling, if it begins to irritate you, then why continue to play with one stupid and stupid thought of winning back the lost money.  A smarter player understands perfectly well that in such a state it is almost impossible to win back. 
So it turns out that working in gambling is a complete stupid thing that not very smart people do.  And ahead of them there is only disappointment.

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

And you really think it's right to compare gambling to a stable and steady paying job? Aside from the fact that gambling isn't even a job, or something near that, and it's completely wrong and a loss of one's life purpose to take up gambling as a job or business which they depend on to earn money enough to solve all their life's goals and meet all their financial needs, completely wrong, and yes, it's very possible to make good money from gambling, but that is if the player is lucky.

And you will agree with me that, success in life doesn't always come out as a product of chance or luck, deliberate actions, calculated steps and decisions is what lead to one's breakthrough in life, Most of the people who made big money by chance always end up losing it all back and returning to their former financial state, and sometimes, they even end up in a worster financial situation than they've been before the unexpected money entered their hand, this is why we see and read several stories of people who won lottery jackpots worth millions of Dollars, who end up becoming poorer than they were before winning the lottery after a few years of the winning.

Gambling is not something a person should depend on as a means of livelihood, have a stable paying job, and gamble by the side if you are someone who loves gambling.

[EarnOnVictor]

Thanks If we don`t talking about gambling as a job - the gambling must be positive. You can lose money, but get positive emotions. If you win some money - you can "feed a bookie" and get exciting match.
If for you gambling is a job - it is more difficult to get positive emotions, but you get result that satisfies you. The only thing we must always remember - the gambling must not become the entire life.

Gambling should not done as a job because taking  it as a job (which means you would  be doing it for an entire  life time because  last i check there's no form of retirement could ruin you financially  and even psychological and if lucky, you could become  the next millionaire but the chance of getting this is very slim.

In general, I don’t really understand people who treat gambling as their job. 
Everyone knows that the work of any person can bring satisfaction and at some moments become boring and very annoying, especially when you are simply tired of work.  And gambling, if it begins to irritate you, then why continue to play with one stupid and stupid thought of winning back the lost money.  A smarter player understands perfectly well that in such a state it is almost impossible to win back. 
So it turns out that working in gambling is a complete stupid thing that not very smart people do.  And ahead of them there is only disappointment.

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

Well, if we look at gambling this way, then I can’t really agree that an activity that in the long term leads to the loss of your money with a probability of more than 90% (approximately so), and in the very distant long term this probability generally approaches 99%.  It is perhaps quite difficult to call such activity work.  Of course, apparently there are truly professional players and what they do in gambling can be conditionally considered work, but only if they have no other type of income-generating activity and do not have a large inheritance that allows them to live for many years and not work at all. 
But apparently, almost all people who are into gambling live according to the scheme - they earned money at their main job - they lost part of this money to the casino.  And in this case, gambling cannot be called work.  And for the vast majority of players, gambling still cannot be a job. 
In my opinion this is true.

You are right about this, gambling may be risked by some people as their means of livelihood, even though I have not met such people personally, I only hear of them, so whether they are real or not, I do not know. Needless to say, people may just be seeing them from afar but do not know the challenges they are even met with in this regard since gambling is risky. For me, I can't depend on gambling as my means of livelihood, I can't just do that even if I have the best working strategy in it. It might be the time you need money most that it would fail you, and what if you need the money at that time to fix some important things like the payment of children's school fees and others?

I can't just risk my life and that of my dependents on such a risky activity. It can still be fine if it is a risky investment and trading, and many are doing it and are fine. This is just like I've done in the past replying on trading and investment solely for years. Since the two are businesses, if well-known, one can still manoeuvre his way through them to success. But for gambling, the best is to have another job which is the primary job, and no matter how little it is earning for you, it can't make you so desperate to gamble alone or be gambling anyhow due to the quick money needed.

[Mauser]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

These are all service providers where everybody can decide for themselves if we are interested in their services or not. Buying stocks is something many small investors like to do in their spare time, unfortunately the big banks and brokers are going to take advantage of that. Just look at the Robin Hood scandal that offers free trading for all clients. Which seems like a nice feature for any new trader that can buy and sell without commission from his mobile phone. In the end it turned out the broker sold the client data to hedge funds that took advantage of them and profited from the trades. So, brokers will try and find any way possible to make a profit. There is a lot of competition in the broker business like with casinos. In the gambling world the casinos will offer cashback to make it more interesting to stay at one casino. In the trading world, brokers have promotions that reward investors that trade regularly. At least with my online broker I keep getting notifications, that if I reach 10 trades per quarter, the fees are going down. Comparing fees across the industry is important and can save a lot of money in the end.

[mak013]

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

Well, if we look at gambling this way, then I can’t really agree that an activity that in the long term leads to the loss of your money with a probability of more than 90% (approximately so), and in the very distant long term this probability generally approaches 99%.  It is perhaps quite difficult to call such activity work.  Of course, apparently there are truly professional players and what they do in gambling can be conditionally considered work, but only if they have no other type of income-generating activity and do not have a large inheritance that allows them to live for many years and not work at all. 
But apparently, almost all people who are into gambling live according to the scheme - they earned money at their main job - they lost part of this money to the casino.  And in this case, gambling cannot be called work.  And for the vast majority of players, gambling still cannot be a job. 
In my opinion this is true.

It is true for common gambler. He mostly spend some money to relax. But there are poker players, betters - for some of them gambling is a job. They get stable profit from gambling. I`m in sport betting for 3 years and still winning. Some time ago it was a period, i spent all my time for betting and i`ve got about $800 per month. But it was all my time and i had no time for my family, hobbies, rest. As the result i compared the profit between gambling and job and chose job. Now i bet when i have free time but still get some additional profit every month.

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

And you really think it's right to compare gambling to a stable and steady paying job? Aside from the fact that gambling isn't even a job, or something near that, and it's completely wrong and a loss of one's life purpose to take up gambling as a job or business which they depend on to earn money enough to solve all their life's goals and meet all their financial needs, completely wrong, and yes, it's very possible to make good money from gambling, but that is if the player is lucky.

And you will agree with me that, success in life doesn't always come out as a product of chance or luck, deliberate actions, calculated steps and decisions is what lead to one's breakthrough in life, Most of the people who made big money by chance always end up losing it all back and returning to their former financial state, and sometimes, they even end up in a worster financial situation than they've been before the unexpected money entered their hand, this is why we see and read several stories of people who won lottery jackpots worth millions of Dollars, who end up becoming poorer than they were before winning the lottery after a few years of the winning.

Gambling is not something a person should depend on as a means of livelihood, have a stable paying job, and gamble by the side if you are someone who loves gambling.

I can compare. I tried it myself. Several months my stable profit was about $800 per month. I don`t know about your situation, but in my country medium salary is about $600-700. And i combined it with the main job. It is possible that i could improve the sum up to $1200 per month, but i get more money from the main job and i stopped such gambling.

[Zadicar]

Yep, i`m still with the profit. I make such bets only if i`ve won that week, so i don`t sure that i remember it - it is funny even if i lose.

It’s true, I’m very happy for you and that you’re still making a profit.  And I wish you good luck so that it continues in your game and if “payment for the pleasure of gambling” appears in your game, it will only cause laughter and smiles.  And this game will never bring serious disappointment. 
This is exactly how I imagine the ideal use of casino services by players

Thanks If we don`t talking about gambling as a job - the gambling must be positive. You can lose money, but get positive emotions. If you win some money - you can "feed a bookie" and get exciting match.
If for you gambling is a job - it is more difficult to get positive emotions, but you get result that satisfies you. The only thing we must always remember - the gambling must not become the entire life.

Gambling should not done as a job because taking  it as a job (which means you would  be doing it for an entire  life time because  last i check there's no form of retirement could ruin you financially  and even psychological and if lucky, you could become  the next millionaire but the chance of getting this is very slim.

In general, I don’t really understand people who treat gambling as their job. 
Everyone knows that the work of any person can bring satisfaction and at some moments become boring and very annoying, especially when you are simply tired of work.  And gambling, if it begins to irritate you, then why continue to play with one stupid and stupid thought of winning back the lost money.  A smarter player understands perfectly well that in such a state it is almost impossible to win back. 
So it turns out that working in gambling is a complete stupid thing that not very smart people do.  And ahead of them there is only disappointment.

Common sense would really be enough for you to determine on what gambling is and on how these things should really be treated up. Its really that impossible that you cant really be able to distinguish in between
casino games and these businesses. Well yeah when it comes to revenue making then these things have different markets that had been served but of course it wont really be that hard to make you realize
on how these places do make easy money out of those people who had been diving or really that making some engagement into it. Thing here is that you do make involvement according
on what is into your real intent.

[delfastTions]

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

Well, if we look at gambling this way, then I can’t really agree that an activity that in the long term leads to the loss of your money with a probability of more than 90% (approximately so), and in the very distant long term this probability generally approaches 99%.  It is perhaps quite difficult to call such activity work.  Of course, apparently there are truly professional players and what they do in gambling can be conditionally considered work, but only if they have no other type of income-generating activity and do not have a large inheritance that allows them to live for many years and not work at all. 
But apparently, almost all people who are into gambling live according to the scheme - they earned money at their main job - they lost part of this money to the casino.  And in this case, gambling cannot be called work.  And for the vast majority of players, gambling still cannot be a job. 
In my opinion this is true.

It is true for common gambler. He mostly spend some money to relax. But there are poker players, betters - for some of them gambling is a job. They get stable profit from gambling. I`m in sport betting for 3 years and still winning. Some time ago it was a period, i spent all my time for betting and i`ve got about $800 per month. But it was all my time and i had no time for my family, hobbies, rest. As the result i compared the profit between gambling and job and chose job. Now i bet when i have free time but still get some additional profit every month.

This example of yours is most likely ideal. 
If you manage to earn money at your main job, and then also make winning bets that bring even a small income, then this is certainly your achievement of optimal gambling.  But you must admit that without that period of time when you devoted all your time to gambling, you would hardly have achieved such a balance of life interests.  Experience in gambling is a great thing!  And this experience also required, as I understand, a lot of your time.  On the other hand, it seems that if you spent this time on some other income, then who knows where you would earn more.  So these are uncertainties in the life of any person, where it is not known in advance what to do better.  Probably the best option is the way you described it.  But without time spent on experience,
it is unlikely to be achievable by an ordinary person just starting to gamble.

[mak013]

It is true for common gambler. He mostly spend some money to relax. But there are poker players, betters - for some of them gambling is a job. They get stable profit from gambling. I`m in sport betting for 3 years and still winning. Some time ago it was a period, i spent all my time for betting and i`ve got about $800 per month. But it was all my time and i had no time for my family, hobbies, rest. As the result i compared the profit between gambling and job and chose job. Now i bet when i have free time but still get some additional profit every month.

This example of yours is most likely ideal. 
If you manage to earn money at your main job, and then also make winning bets that bring even a small income, then this is certainly your achievement of optimal gambling.  But you must admit that without that period of time when you devoted all your time to gambling, you would hardly have achieved such a balance of life interests.  Experience in gambling is a great thing!  And this experience also required, as I understand, a lot of your time.  On the other hand, it seems that if you spent this time on some other income, then who knows where you would earn more.  So these are uncertainties in the life of any person, where it is not known in advance what to do better.  Probably the best option is the way you described it.  But without time spent on experience,
it is unlikely to be achievable by an ordinary person just starting to gamble.

It was difficult. I prepared for it for 2-3 months. I`ve got some money for start, rested, searched information, prediction groups, etc. It wasn`t fast decision like "tomorrow i become a gambling winner". And it was hard to wake up several times per night, stop everything and wait nice odds, for live bets. The result was nice, but i thought that it would be possible to combine the main job, the betting, my family and hobbies. Yes, i could get more money from some other job, or spend it time in some another way, but it was an experiment and i think that it was successful. But i don`t think that i would like to repeat it till i`m working.

[Taskford]

Yep, i`m still with the profit. I make such bets only if i`ve won that week, so i don`t sure that i remember it - it is funny even if i lose.

It’s true, I’m very happy for you and that you’re still making a profit.  And I wish you good luck so that it continues in your game and if “payment for the pleasure of gambling” appears in your game, it will only cause laughter and smiles.  And this game will never bring serious disappointment. 
This is exactly how I imagine the ideal use of casino services by players

Thanks If we don`t talking about gambling as a job - the gambling must be positive. You can lose money, but get positive emotions. If you win some money - you can "feed a bookie" and get exciting match.
If for you gambling is a job - it is more difficult to get positive emotions, but you get result that satisfies you. The only thing we must always remember - the gambling must not become the entire life.

Gambling should not done as a job because taking  it as a job (which means you would  be doing it for an entire  life time because  last i check there's no form of retirement could ruin you financially  and even psychological and if lucky, you could become  the next millionaire but the chance of getting this is very slim.

In general, I don’t really understand people who treat gambling as their job. 
Everyone knows that the work of any person can bring satisfaction and at some moments become boring and very annoying, especially when you are simply tired of work.  And gambling, if it begins to irritate you, then why continue to play with one stupid and stupid thought of winning back the lost money.  A smarter player understands perfectly well that in such a state it is almost impossible to win back. 
So it turns out that working in gambling is a complete stupid thing that not very smart people do.  And ahead of them there is only disappointment.

Common sense would really be enough for you to determine on what gambling is and on how these things should really be treated up. Its really that impossible that you cant really be able to distinguish in between
casino games and these businesses. Well yeah when it comes to revenue making then these things have different markets that had been served but of course it wont really be that hard to make you realize
on how these places do make easy money out of those people who had been diving or really that making some engagement into it. Thing here is that you do make involvement according
on what is into your real intent.

But other people have different thought about this since maybe their view towards each activities they participate is are the same since their main intention is to earn passive money and they had been hooked up to much on the idea that one day they became so lucky and can earn a lot of money on gambling then can live a more comfortable life.

That scenario exist since there are influencers portray that its easy to win on the casino they are promoting that's why those people which have less understanding and don't have critical thinking will believe on their words.

If they could really just distinguish the difference for sure they would not expect any thing on any of those and will do good decision making regarding on what they like to activities on those options they want to enjoy.

[Dunamisx]

We may not have to compare all these together because some of them are not the same with each other, gambling most especially is a different form of getting entertained with fun and others are more about making an investment or business while the brokers are the intermediaries between brokers, all we need to know is what constitutes whatever thing we are going in for,when we have the understanding, we will not be cheated and we are going to be at the top of having it's best satisfaction.

[delfastTions]

It is true for common gambler. He mostly spend some money to relax. But there are poker players, betters - for some of them gambling is a job. They get stable profit from gambling. I`m in sport betting for 3 years and still winning. Some time ago it was a period, i spent all my time for betting and i`ve got about $800 per month. But it was all my time and i had no time for my family, hobbies, rest. As the result i compared the profit between gambling and job and chose job. Now i bet when i have free time but still get some additional profit every month.

This example of yours is most likely ideal. 
If you manage to earn money at your main job, and then also make winning bets that bring even a small income, then this is certainly your achievement of optimal gambling.  But you must admit that without that period of time when you devoted all your time to gambling, you would hardly have achieved such a balance of life interests.  Experience in gambling is a great thing!  And this experience also required, as I understand, a lot of your time.  On the other hand, it seems that if you spent this time on some other income, then who knows where you would earn more.  So these are uncertainties in the life of any person, where it is not known in advance what to do better.  Probably the best option is the way you described it.  But without time spent on experience,
it is unlikely to be achievable by an ordinary person just starting to gamble.

It was difficult. I prepared for it for 2-3 months. I`ve got some money for start, rested, searched information, prediction groups, etc. It wasn`t fast decision like "tomorrow i become a gambling winner". And it was hard to wake up several times per night, stop everything and wait nice odds, for live bets. The result was nice, but i thought that it would be possible to combine the main job, the betting, my family and hobbies. Yes, i could get more money from some other job, or spend it time in some another way, but it was an experiment and i think that it was successful. But i don`t think that i would like to repeat it till i`m working.

This is clearly a great experiment.  Especially if you even managed to make money. 
Now, if any of the novice players are reading this topic and your posts, then it is quite possible to say that such an experiment with gambling should be regarded as the best gaming behavior.
 And it is clear that it was difficult.  It’s also difficult because the brain is constantly busy remembering bets and related related information.  Even in the middle of the night when you wake up. 
But still, this experience is a fascinating journey into the world of gambling.  Fortunately, the trip turned out to be successful and interesting, which does not happen to all gamblers.

[Hamphser]

It is true for common gambler. He mostly spend some money to relax. But there are poker players, betters - for some of them gambling is a job. They get stable profit from gambling. I`m in sport betting for 3 years and still winning. Some time ago it was a period, i spent all my time for betting and i`ve got about $800 per month. But it was all my time and i had no time for my family, hobbies, rest. As the result i compared the profit between gambling and job and chose job. Now i bet when i have free time but still get some additional profit every month.

This example of yours is most likely ideal. 
If you manage to earn money at your main job, and then also make winning bets that bring even a small income, then this is certainly your achievement of optimal gambling.  But you must admit that without that period of time when you devoted all your time to gambling, you would hardly have achieved such a balance of life interests.  Experience in gambling is a great thing!  And this experience also required, as I understand, a lot of your time.  On the other hand, it seems that if you spent this time on some other income, then who knows where you would earn more.  So these are uncertainties in the life of any person, where it is not known in advance what to do better.  Probably the best option is the way you described it.  But without time spent on experience,
it is unlikely to be achievable by an ordinary person just starting to gamble.

It was difficult. I prepared for it for 2-3 months. I`ve got some money for start, rested, searched information, prediction groups, etc. It wasn`t fast decision like "tomorrow i become a gambling winner". And it was hard to wake up several times per night, stop everything and wait nice odds, for live bets. The result was nice, but i thought that it would be possible to combine the main job, the betting, my family and hobbies. Yes, i could get more money from some other job, or spend it time in some another way, but it was an experiment and i think that it was successful. But i don`t think that i would like to repeat it till i`m working.

This is clearly a great experiment.  Especially if you even managed to make money. 
Now, if any of the novice players are reading this topic and your posts, then it is quite possible to say that such an experiment with gambling should be regarded as the best gaming behavior.
 And it is clear that it was difficult.  It’s also difficult because the brain is constantly busy remembering bets and related related information.  Even in the middle of the night when you wake up. 
But still, this experience is a fascinating journey into the world of gambling.  Fortunately, the trip turned out to be successful and interesting, which does not happen to all gamblers.

Approach towards gambling shouldnt really be something that you would really be putting up your focus on into it but rather it would be best that you should be putting up on focus on how you would really be
dealing with it. Doesnt matter whether you do gamble or involved with stocks crypto market. The important here is that you do able to distinguish about the risks factor of both things.
It wont really be that so hard for you to be able know on what are those risks levels in between things so it wouldnt be so hard on how you would be able to deal with it.

The thing here is that these things are businesses on which its normal that they do make money but of course they've been pass through to lots of challenges
before they would really be able to reach out into that pinnacle of success as a business owner.

[mak013]

It was difficult. I prepared for it for 2-3 months. I`ve got some money for start, rested, searched information, prediction groups, etc. It wasn`t fast decision like "tomorrow i become a gambling winner". And it was hard to wake up several times per night, stop everything and wait nice odds, for live bets. The result was nice, but i thought that it would be possible to combine the main job, the betting, my family and hobbies. Yes, i could get more money from some other job, or spend it time in some another way, but it was an experiment and i think that it was successful. But i don`t think that i would like to repeat it till i`m working.

This is clearly a great experiment.  Especially if you even managed to make money. 
Now, if any of the novice players are reading this topic and your posts, then it is quite possible to say that such an experiment with gambling should be regarded as the best gaming behavior.
 And it is clear that it was difficult.  It’s also difficult because the brain is constantly busy remembering bets and related related information.  Even in the middle of the night when you wake up. 
But still, this experience is a fascinating journey into the world of gambling.  Fortunately, the trip turned out to be successful and interesting, which does not happen to all gamblers.

The main thing i want to say that it is possible to get money from gambling but it is not easy money as somebody thinks. You must to work hard to get positive result. Like in any kind of job or business. And i don`t recommend anybody to believe that he can become successful gambler after 2 good bets.
But the same time we can`t say that  you can`t get stable profit from gambling. And when i say "stable" i don`t mean "everyday" - but every month must be profitable.

[bitterguy28]

well yeah , nothing in this world is risk free though at least LESS RISK is what the best term to use in that part right?  
but still broker is on of the best job to have as long as you are already mature and knowledgeable in that area because most of the time this is capital free and you only need to use your connection and your Saliva to earn.

Yeah, I think I agree with you that such work of brokers cannot be called too risky.  
This is probably more of a medium risk job.
[/quote]
yet RISK mate hahaha, Low,medium or High yet it is still risk that we should consider .

And much, of course, depends on the experience and rational gaming behavior of the broker.  And it also depends on the character traits of these people.  But I am convinced of one thing - that such activity is very exhausting work for the nervous system.

also agree on this .I am a type of person that also can easily be exhausted so that is why I think this should be considerable by all means.

I think that anyway, brokers are constantly in a fairly serious stressful situation and this, in turn, provokes the emergence of various other diseases.  So this kind of work can be considered “harmful”.

with this, We will both agree , harmful it is  

[promise444c5]

The main thing i want to say that it is possible to get money from gambling but it is not easy money as somebody thinks. You must to work hard to get positive result. Like in any kind of job or business. And i don`t recommend anybody to believe that he can become successful gambler after 2 good bets.
But the same time we can`t say that  you can`t get stable profit from gambling. And when i say "stable" i don`t mean "everyday" - but every month must be profitable.

IMO there's  nothing  like working harder to get a positive result  in gambling, a gambler could get a huge jackpot in his first game or in his first  10 games  while someone haven't hit a jack pot  for months of playing.
The way is see gambling  is beign able to think, smartness and more percentage  of luck, yeah! you heard me right you have to be lucky enough to hit a jackpot not just working hard  .

Gamblers  will be surprised  in their quest to hitting  this jackpot of a thing when you get addicted (in a wrong way, taking it as a job) instead of playing  responsibly, fine! if a gambler wish  to take it as a job and he's aware of the risks, then so be it  he made his decision, either he's  right or wrong is left to him to decide

[EarnOnVictor]

We may not have to compare all these together because some of them are not the same with each other, gambling most especially is a different form of getting entertained with fun and others are more about making an investment or business while the brokers are the intermediaries between brokers, all we need to know is what constitutes whatever thing we are going in for,when we have the understanding, we will not be cheated and we are going to be at the top of having it's best satisfaction.

You are trying to establish a meaningful point but you never concluded it well and no matter what we think about gambling and business, they are certainly not the same thing. Let me start with your points and twist them a little bit for more understanding.

If you look at it from the view that gambling could be done for the purpose of fun/entertainment and money making, can trading be done for the purpose of fun? The answer is No because trading is for the purpose of investment and business. That's the first point to know that they are not the same thing. But for the money-making part of gambling that people often mistake for trading, is gambling about buying and selling like trading? Certainly No too. Trading is all about buying and selling which makes it business.

But gambling is betting and certainly not a business where two or more parties will be transacting in a market that establishes its own demands and supplies. Where is the demand and supply in gambling? It is pure betting and will never be trading/business. The fact that both are risky doesn't make them the same thing.

[Taskford]

It was difficult. I prepared for it for 2-3 months. I`ve got some money for start, rested, searched information, prediction groups, etc. It wasn`t fast decision like "tomorrow i become a gambling winner". And it was hard to wake up several times per night, stop everything and wait nice odds, for live bets. The result was nice, but i thought that it would be possible to combine the main job, the betting, my family and hobbies. Yes, i could get more money from some other job, or spend it time in some another way, but it was an experiment and i think that it was successful. But i don`t think that i would like to repeat it till i`m working.

This is clearly a great experiment.  Especially if you even managed to make money. 
Now, if any of the novice players are reading this topic and your posts, then it is quite possible to say that such an experiment with gambling should be regarded as the best gaming behavior.
 And it is clear that it was difficult.  It’s also difficult because the brain is constantly busy remembering bets and related related information.  Even in the middle of the night when you wake up. 
But still, this experience is a fascinating journey into the world of gambling.  Fortunately, the trip turned out to be successful and interesting, which does not happen to all gamblers.

The main thing i want to say that it is possible to get money from gambling but it is not easy money as somebody thinks.

But the same time we can`t say that  you can`t get stable profit from gambling. And when i say "stable" i don`t mean "everyday" - but every month must be profitable.

If they think its impossible to earn money on gambling then why they continue to gamble if those people know they would just lost their money in the end whatever efforts they try? Its useless to gamble that way and saying we gamble for fun is just an excuse since all want to win at some point.

We can possibly earn if we have fulfillment on something we earn and can appreciate even if what we receive is small amount. But if they are greedy enough to extend for thinking that they could able to win more then do gamble in bad way then for sure that they will never be successful nor earn something in return for doing this. We maybe can't get stable profit on gambling but at least we have a chance to take out our profit.

[mak013]

The main thing i want to say that it is possible to get money from gambling but it is not easy money as somebody thinks. You must to work hard to get positive result. Like in any kind of job or business. And i don`t recommend anybody to believe that he can become successful gambler after 2 good bets.
But the same time we can`t say that  you can`t get stable profit from gambling. And when i say "stable" i don`t mean "everyday" - but every month must be profitable.

IMO there's  nothing  like working harder to get a positive result  in gambling, a gambler could get a huge jackpot in his first game or in his first  10 games  while someone haven't hit a jack pot  for months of playing.
The way is see gambling  is beign able to think, smartness and more percentage  of luck, yeah! you heard me right you have to be lucky enough to hit a jackpot not just working hard  .

Gamblers  will be surprised  in their quest to hitting  this jackpot of a thing when you get addicted (in a wrong way, taking it as a job) instead of playing  responsibly, fine! if a gambler wish  to take it as a job and he's aware of the risks, then so be it  he made his decision, either he's  right or wrong is left to him to decide

I don`t try to hit jackpot. I make odds between 2 and 10, sometimes multibets, sometimes bets with the odd more than 50 for fun. When i bet like a job - it was lots of money management. I increased/decreased bets, moved some money to "bank", etc. Gambler who wants to hit jackpot mostly lose as the result.

The main thing i want to say that it is possible to get money from gambling but it is not easy money as somebody thinks.

But the same time we can`t say that  you can`t get stable profit from gambling. And when i say "stable" i don`t mean "everyday" - but every month must be profitable.

If they think its impossible to earn money on gambling then why they continue to gamble if those people know they would just lost their money in the end whatever efforts they try? Its useless to gamble that way and saying we gamble for fun is just an excuse since all want to win at some point.

We can possibly earn if we have fulfillment on something we earn and can appreciate even if what we receive is small amount. But if they are greedy enough to extend for thinking that they could able to win more then do gamble in bad way then for sure that they will never be successful nor earn something in return for doing this. We maybe can't get stable profit on gambling but at least we have a chance to take out our profit.

I don`t know why. Somebody want to hit jackpot, somebody wants to get easy money. But it doesn`t work so. It is possible to get big prize, but it is paid by the main part of other gamblers, who lost.

[Ojima-ojo]

       -    Actually, I'm wondering if the broker is related or similar to the casino. Because it seems far-fetched to compare a broker to gambling in a casino. Isn't that broker only for Forex traders? I can't see its connection here at the casino.

I guess op just wanted to throw in the broker stuff here instead of the traders wing otherwise I also don't see correlation of brokerage in gambling or casinos because that is a direct stake or the casino which is an end to itself and not a middle man like the broker would do in the financial market. However, brokers don't only operate in the forex trading, they also exist banking and insurance, stocks, derivatives market etc.

Forex is more of financial trading activities, and not like gambling that you have to risk it all, in trading, one risk either the profits and loses, and mentaining the assets, while I gambling you can lose 100% and not be left with anything at all.


So I believe this discussion fits best at the trading discussions but then since ops already mentioned the comparison between gambling and stock, it make a little if we contribute our portion to this discussion.

[virasog]

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

Well, I would not compare gambling with the job as both are different from the basis. In your job, you will not spend the money or invest any money and at the end of the month, you will get a fixed salary. In a job, there is no concept of a loss.

This is totally the opposite as in gambling you need to invest your money first and then make or lose money from it. The more you invest, the more money you can lose or win as it depends upon the luck. Also, there are many other differences like jobs are totally skill based. Without skills, no one will hire you but gambling does not need any skills. You only need to have money to risk and you can gamble.

[Fivestar4everMVP]

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

Well, I would not compare gambling with the job as both are different from the basis. In your job, you will not spend the money or invest any money and at the end of the month, you will get a fixed salary. In a job, there is no concept of a loss.

This is totally the opposite as in gambling you need to invest your money first and then make or lose money from it. The more you invest, the more money you can lose or win as it depends upon the luck. Also, there are many other differences like jobs are totally skill based. Without skills, no one will hire you but gambling does not need any skills. You only need to have money to risk and you can gamble.

Completely agree with you, though not all jobs are skill based, for example, the job of a cleaner is not skill based, the job of a gate man is not skill based, and coming back to white collar jobs, what about a fresh graduate who hasn't acquired any skill or working experience, how do they get hired?, it is sometimes a bit difficult but they still get hired by the end of the day, and from there, they start building their skills.

And yeah, just like you have said, it is completely wrong to compare gambling to a job, there are completely different and don't have don't cross path in any form, generating income from a job can be guaranteed, but generating income from gambling is not guaranteed, and just as you have said, job only requires investment of one's time and energy or brains, depending on the type of job, then the person gets paid by the end of the month, while gambling requires investment of not just money, but also one's time, and brains, depending on what type of game the gambler is playing, and even at this, the gambler will still need to be lucky to win, else, it's still going to end in a loss, shows that there is no guarantee of any kind in gambling.

[uchegod-21]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

While trading forex, I had a very ugly experience with one broker called exiness. I mean they literally drained me. I never knew brokers have other ways of exploiting or let's say, extorting us. I wasn't taught so. I was taught that brokers make money from commissions and fees but I bet you there are alot more to that. Someone who introduced me to Forex trading later told me to switch to another broker. I did and the loses minimized. It is then I understood that even brokers can be a good reason you win or lose a trade. Select your brokers very well if you wish to be successful on a long run in cryptocurrency trading. If it is possible avoid them totally.

[Wiwo]

.

And yeah, just like you have said, it is completely wrong to compare gambling to a job, there are completely different and don't have don't cross path in any form, generating income from a job can be guaranteed, but generating income from gambling is not guaranteed, and just as you have said, job only requires investment of one's time and energy or brains, depending on the type of job, then the person gets paid by the end of the month, while gambling requires investment of not just money, but also one's time, and brains, depending on what type of game the gambler is playing, and even at this, the gambler will still need to be lucky to win, else, it's still going to end in a loss, shows that there is no guarantee of any kind in gambling.

It's completion out of place to compar gambling to to a skill Jon, because a job is a profession because we have so.e professional jobs and unprofessional jobs which are call minal job at times, but same can't be hard of gambling and in gambling is either you win or lose its a game of chances and also unrealistic and unreliable which make it out of skills, and we can't fine any gambler that can call himself a skilled gamblers because at some point we don't have such in gambling.

Well we make some statements as trading be some form of gambling even though that is not 100% true and trading can still accommodate some level of skills and strategies which can not be apply in gambling so comparing both still can not stand, we have to face it that gambling is risk involved and no matter your experience you can never win over the house and any attempt to do so can only end you in more loses than winning at the end.

[mak013]

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

Well, I would not compare gambling with the job as both are different from the basis. In your job, you will not spend the money or invest any money and at the end of the month, you will get a fixed salary. In a job, there is no concept of a loss.

This is totally the opposite as in gambling you need to invest your money first and then make or lose money from it. The more you invest, the more money you can lose or win as it depends upon the luck. Also, there are many other differences like jobs are totally skill based. Without skills, no one will hire you but gambling does not need any skills. You only need to have money to risk and you can gamble.

It is true only if you get fixes salary. But if you have some business you always spend your money and don`t sure will you have profit in the end of the month or not. The same is for freelancers, traders for example. There are lots of situation when you work hard and don`t sure that will get money for it.
But it is true that "to work in the gambling" is not for all and it differs from other jobs.

[delfastTions]

It was difficult. I prepared for it for 2-3 months. I`ve got some money for start, rested, searched information, prediction groups, etc. It wasn`t fast decision like "tomorrow i become a gambling winner". And it was hard to wake up several times per night, stop everything and wait nice odds, for live bets. The result was nice, but i thought that it would be possible to combine the main job, the betting, my family and hobbies. Yes, i could get more money from some other job, or spend it time in some another way, but it was an experiment and i think that it was successful. But i don`t think that i would like to repeat it till i`m working.

This is clearly a great experiment.  Especially if you even managed to make money. 
Now, if any of the novice players are reading this topic and your posts, then it is quite possible to say that such an experiment with gambling should be regarded as the best gaming behavior.
 And it is clear that it was difficult.  It’s also difficult because the brain is constantly busy remembering bets and related related information.  Even in the middle of the night when you wake up. 
But still, this experience is a fascinating journey into the world of gambling.  Fortunately, the trip turned out to be successful and interesting, which does not happen to all gamblers.

The main thing i want to say that it is possible to get money from gambling but it is not easy money as somebody thinks.

But the same time we can`t say that  you can`t get stable profit from gambling. And when i say "stable" i don`t mean "everyday" - but every month must be profitable.

If they think its impossible to earn money on gambling then why they continue to gamble if those people know they would just lost their money in the end whatever efforts they try? Its useless to gamble that way and saying we gamble for fun is just an excuse since all want to win at some point.

We can possibly earn if we have fulfillment on something we earn and can appreciate even if what we receive is small amount. But if they are greedy enough to extend for thinking that they could able to win more then do gamble in bad way then for sure that they will never be successful nor earn something in return for doing this. We maybe can't get stable profit on gambling but at least we have a chance to take out our profit.

I think that a lot depends on the player himself and his psychological portrait. 
If he starts gambling with the feeling that it is work, then it seems to me that such a feeling is much worse than just a relaxed state and the desire to just have fun in his free time. 
Here in the topic there is a mention that in the monthly cycle it would be good to have a constant profit from gambling.  However, in order to achieve such a result, I think you need to have such gaming experience that it amounts to a year or more of intense work with these very gambling games.  So you still need to complete this sort of “gambling university” in order to really be successful.  Well, those who play a little will most likely never be able to achieve such results. 
And he will consider and even sincerely believe that his loss is payment for the pleasure he received from gambling.  In my opinion, this is also a good option for complacency and psychological comfort for the player.

[mak013]

I think that a lot depends on the player himself and his psychological portrait. 
If he starts gambling with the feeling that it is work, then it seems to me that such a feeling is much worse than just a relaxed state and the desire to just have fun in his free time. 
Here in the topic there is a mention that in the monthly cycle it would be good to have a constant profit from gambling.  However, in order to achieve such a result, I think you need to have such gaming experience that it amounts to a year or more of intense work with these very gambling games.  So you still need to complete this sort of “gambling university” in order to really be successful.  Well, those who play a little will most likely never be able to achieve such results. 
And he will consider and even sincerely believe that his loss is payment for the pleasure he received from gambling.  In my opinion, this is also a good option for complacency and psychological comfort for the player.

It is really different types of gambling. If you play for fun you get positive emotions from the process of gambling. It is nice for relax, even if you lose some money. Of course i`m talking about gambler without problems with the game. When you try to get stable profit - you don`t cares about the game, you just look at the stats, at the game, at the odds and decide to bet or not. Without any emotions. In such case positive emotions you get from the result only.

[delfastTions]

I think that a lot depends on the player himself and his psychological portrait. 
If he starts gambling with the feeling that it is work, then it seems to me that such a feeling is much worse than just a relaxed state and the desire to just have fun in his free time. 
Here in the topic there is a mention that in the monthly cycle it would be good to have a constant profit from gambling.  However, in order to achieve such a result, I think you need to have such gaming experience that it amounts to a year or more of intense work with these very gambling games.  So you still need to complete this sort of “gambling university” in order to really be successful.  Well, those who play a little will most likely never be able to achieve such results. 
And he will consider and even sincerely believe that his loss is payment for the pleasure he received from gambling.  In my opinion, this is also a good option for complacency and psychological comfort for the player.

It is really different types of gambling. If you play for fun you get positive emotions from the process of gambling. It is nice for relax, even if you lose some money. Of course i`m talking about gambler without problems with the game. When you try to get stable profit - you don`t cares about the game, you just look at the stats, at the game, at the odds and decide to bet or not. Without any emotions. In such case positive emotions you get from the result only.

And just this result can either make you happy or seriously upset you if you lose.  In addition, the very thought of losing will haunt you for some time even after you finish your unsuccessful game that day.  Here we should rather talk about negative emotions from gambling.  But all this, of course, is the case if you have already begun to approach and treat such games as work.
 If you play for your own pleasure, then the thought that losing is a payment for the emotions received from the game is not so difficult and destructive for the player’s psyche and passes quite quickly.

[Assface16678]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

While trading forex, I had a very ugly experience with one broker called exiness. I mean they literally drained me. I never knew brokers have other ways of exploiting or let's say, extorting us. I wasn't taught so. I was taught that brokers make money from commissions and fees but I bet you there are alot more to that. Someone who introduced me to Forex trading later told me to switch to another broker. I did and the loses minimized. It is then I understood that even brokers can be a good reason you win or lose a trade. Select your brokers very well if you wish to be successful on a long run in cryptocurrency trading. If it is possible avoid them totally.

Exactly!! That's why I stop trading in forex because no matter how good your prediction is or even if you are following a prediction, there is something in those broker apps. I don't want to mention it, but based on my experience using 3 different forex brokers, I still don't have any luck. Yes, I earn, but the thing is, it's so hard to even win a single trade in a day. So, as I noticed, I stopped right away and focused on crypto trading. Crypto trading is much more secure, and you will be assured that no one can manipulate or trick you. Your only enemy is how you execute your trade in the market.

I don't know if I have a similar bad experience or the same opinion about forex trading, but as I read your comment, it proved that I'm not alone. I have a similar comment about forex trading.

[kotajikikox]

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

Well, I would not compare gambling with the job as both are different from the basis. In your job, you will not spend the money or invest any money and at the end of the month, you will get a fixed salary. In a job, there is no concept of a loss.

you only need to do the task and you will already earning money and that is the concept of job in which you are also correct
mate this is how we don't wanted to absent for the reason of not having risk chances.

This is totally the opposite as in gambling you need to invest your money first and then make or lose money from it. The more you invest, the more money you can lose or win as it depends upon the luck. Also, there are many other differences like jobs are totally skill based. Without skills, no one will hire you but gambling does not need any skills. You only need to have money to risk and you can gamble.

Hardly to admit this reality but  yeah gambling is where we spend and risk and mostly loses our payments from job .

[mak013]

It is really different types of gambling. If you play for fun you get positive emotions from the process of gambling. It is nice for relax, even if you lose some money. Of course i`m talking about gambler without problems with the game. When you try to get stable profit - you don`t cares about the game, you just look at the stats, at the game, at the odds and decide to bet or not. Without any emotions. In such case positive emotions you get from the result only.

And just this result can either make you happy or seriously upset you if you lose.  In addition, the very thought of losing will haunt you for some time even after you finish your unsuccessful game that day.  Here we should rather talk about negative emotions from gambling.  But all this, of course, is the case if you have already begun to approach and treat such games as work.
 If you play for your own pleasure, then the thought that losing is a payment for the emotions received from the game is not so difficult and destructive for the player’s psyche and passes quite quickly.

Of course i`m disappointed when i lose, especially the first times. Sometimes i get "lose strike" for 2-3 days. It is even possible that i can lose the week(2 weeks ago the result was -$150). But after several such situations you understand that it is just a part of a job. It is the same with the trading - you can`t win all the deals. Today i don`t care about the day/week result - just continue doing my job.
PS. As i said, now i bet only when i have free time and it disappoints me much more, today i play like common gambler and miss lots of profit.

[promise444c5]

It is really different types of gambling. If you play for fun you get positive emotions from the process of gambling. It is nice for relax, even if you lose some money. Of course i`m talking about gambler without problems with the game. When you try to get stable profit - you don`t cares about the game, you just look at the stats, at the game, at the odds and decide to bet or not. Without any emotions. In such case positive emotions you get from the result only.

And just this result can either make you happy or seriously upset you if you lose.  In addition, the very thought of losing will haunt you for some time even after you finish your unsuccessful game that day.  Here we should rather talk about negative emotions from gambling.  But all this, of course, is the case if you have already begun to approach and treat such games as work.
 If you play for your own pleasure, then the thought that losing is a payment for the emotions received from the game is not so difficult and destructive for the player’s psyche and passes quite quickly.

Of course i`m disappointed when i lose, especially the first times. Sometimes i get "lose strike" for 2-3 days. It is even possible that i can lose the week(2 weeks ago the result was -$150). But after several such situations you understand that it is just a part of a job. It is the same with the trading - you can`t win all the deals. Today i don`t care about the day/week result - just continue doing my job.
PS. As i said, now i bet only when i have free time and it disappoints me much more, today i play like common gambler and miss lots of profit.

You missed a lot of profits as how??
Were you more of a  gambler that gambles more often before??
If yes, there's  only one view to this that you make more profits when you're still gambling more often than now that you are doing it only at your leisure  time.
So what's your point?? do you think  gambling  more often brings more fortune  because  I knew higher percentage  of people that gambles more often get addicted,thus losing more than they should have lost

[Hamphser]

It is really different types of gambling. If you play for fun you get positive emotions from the process of gambling. It is nice for relax, even if you lose some money. Of course i`m talking about gambler without problems with the game. When you try to get stable profit - you don`t cares about the game, you just look at the stats, at the game, at the odds and decide to bet or not. Without any emotions. In such case positive emotions you get from the result only.

And just this result can either make you happy or seriously upset you if you lose.  In addition, the very thought of losing will haunt you for some time even after you finish your unsuccessful game that day.  Here we should rather talk about negative emotions from gambling.  But all this, of course, is the case if you have already begun to approach and treat such games as work.
 If you play for your own pleasure, then the thought that losing is a payment for the emotions received from the game is not so difficult and destructive for the player’s psyche and passes quite quickly.

Of course i`m disappointed when i lose, especially the first times. Sometimes i get "lose strike" for 2-3 days. It is even possible that i can lose the week(2 weeks ago the result was -$150). But after several such situations you understand that it is just a part of a job. It is the same with the trading - you can`t win all the deals. Today i don`t care about the day/week result - just continue doing my job.
PS. As i said, now i bet only when i have free time and it disappoints me much more, today i play like common gambler and miss lots of profit.

You miss a lot of profits as how??
We're you more of a  gambler that gambles more often before??
If yes, there's  only one view to this that you make more profits when we're still gambling more often than now that you are doing it only at your leisure  time.
So what's your point?? do you think  gambling  more often brings more fortune  because  I knew higher percentage  of people that gambles more often get addicted,thus losing more than they should have lost

Once you do gamble then dont make yourself having that kind of expectation that you could really be able to have that sure win or profitable run on which we know that this isnt something a guarantee.
If you do saw that you are already losing up so much money then why would really be tending to continue? We do know that this is something that cant really be that avoided considering that we are dealing on something which is really that for leisure or fun or simply dealing up with games. Doesnt matter on which one you would really be trying out to deal or get involved with. Basing up into the selection about casinos vs stocks and forex brokers on how these fellas do make money? It is really indeed an easy money for them but we do know that they've been trying out to established these businesses for their benefit.

[delfastTions]

It is really different types of gambling. If you play for fun you get positive emotions from the process of gambling. It is nice for relax, even if you lose some money. Of course i`m talking about gambler without problems with the game. When you try to get stable profit - you don`t cares about the game, you just look at the stats, at the game, at the odds and decide to bet or not. Without any emotions. In such case positive emotions you get from the result only.

And just this result can either make you happy or seriously upset you if you lose.  In addition, the very thought of losing will haunt you for some time even after you finish your unsuccessful game that day.  Here we should rather talk about negative emotions from gambling.  But all this, of course, is the case if you have already begun to approach and treat such games as work.
 If you play for your own pleasure, then the thought that losing is a payment for the emotions received from the game is not so difficult and destructive for the player’s psyche and passes quite quickly.

Of course i`m disappointed when i lose, especially the first times. Sometimes i get "lose strike" for 2-3 days. It is even possible that i can lose the week(2 weeks ago the result was -$150). But after several such situations you understand that it is just a part of a job. It is the same with the trading - you can`t win all the deals. Today i don`t care about the day/week result - just continue doing my job.
PS. As i said, now i bet only when i have free time and it disappoints me much more, today i play like common gambler and miss lots of profit.

You miss a lot of profits as how??
We're you more of a  gambler that gambles more often before??
If yes, there's  only one view to this that you make more profits when we're still gambling more often than now that you are doing it only at your leisure  time.
So what's your point?? do you think  gambling  more often brings more fortune  because  I knew higher percentage  of people that gambles more often get addicted,thus losing more than they should have lost

Once you do gamble then dont make yourself having that kind of expectation that you could really be able to have that sure win or profitable run on which we know that this isnt something a guarantee.
If you do saw that you are already losing up so much money then why would really be tending to continue? We do know that this is something that cant really be that avoided considering that we are dealing on something which is really that for leisure or fun or simply dealing up with games. Doesnt matter on which one you would really be trying out to deal or get involved with. Basing up into the selection about casinos vs stocks and forex brokers on how these fellas do make money? It is really indeed an easy money for them but we do know that they've been trying out to established these businesses for their benefit.

From your story that you play only occasionally and, based on your experience and knowledge, you can even make a small profit in the long term, apparently you can be called a professional player. 
Therefore, the fact that you get upset when a streak of failures haunts you should be a very minor emotion of yours and should pass quite quickly and, in general, not really harm the normal course of everyday life events.  If this is so, then we can probably say that you have reached this most optimal state of a gambler, when in general the game begins to bring a little pleasure and even bring profit in the long run.  And in doing so, your self-restraint on your gambling will ensure that you never become an addicted gambler who needs outside help to recover.

[mak013]

Of course i`m disappointed when i lose, especially the first times. Sometimes i get "lose strike" for 2-3 days. It is even possible that i can lose the week(2 weeks ago the result was -$150). But after several such situations you understand that it is just a part of a job. It is the same with the trading - you can`t win all the deals. Today i don`t care about the day/week result - just continue doing my job.
PS. As i said, now i bet only when i have free time and it disappoints me much more, today i play like common gambler and miss lots of profit.

You missed a lot of profits as how??
Were you more of a  gambler that gambles more often before??
If yes, there's  only one view to this that you make more profits when you're still gambling more often than now that you are doing it only at your leisure  time.
So what's your point?? do you think  gambling  more often brings more fortune  because  I knew higher percentage  of people that gambles more often get addicted,thus losing more than they should have lost

You can read my previous posts, i wrote everything you ask, so i`ll answer only the last question.
I don`t believe in fortune. I don`t believe that someone can get some stable profit from casino games. I`m sure that it is possible to get stable profit from sport betting, and it can be big enough to be the main income. At least i`ve got stable profit more than medium salary in my country. It is difficult enough and not every gambler can repeat it. If you want to get enough money for life from gambling you must spend a huge quantity of time searching information, analyzing it and trying to find nice odds.

[EarnOnVictor]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

While trading forex, I had a very ugly experience with one broker called exiness. I mean they literally drained me. I never knew brokers have other ways of exploiting or let's say, extorting us. I wasn't taught so. I was taught that brokers make money from commissions and fees but I bet you there are alot more to that. Someone who introduced me to Forex trading later told me to switch to another broker. I did and the loses minimized. It is then I understood that even brokers can be a good reason you win or lose a trade. Select your brokers very well if you wish to be successful on a long run in cryptocurrency trading. If it is possible avoid them totally.

Sorry about your bad experience with trading using a traditional broker's platform, that's why we should know the kind of broker we are opting for. Actually, the name of that broker is not "exiness" but Exness and I do not think it is as bad as you tagged it. I had dealt with it many years back but left not because I had any issue with them but because they are a Market Maker type of brokerage and I do not like such a brokerage arrangement in my trading principle. However, the way you complained about it shows that you do not know much about trading and you did not even tell us what the broker did wrong actually but just alleged, which is not fair. And based on my experience when traditional brokers are compared to the exchanges, including Binance which is the most popular, the traditional brokers are still fairer than them for the fear of regulators as most exchanges are Bucket shops unless you guys do not know the evil they are stylishly perpetrating.

Above all, if Exness did not scam you entirely, then it might be some fees you did not know existed which could be the Swap (Rollover charges). Though I do not know the exact allegation since you never added it, this is plainly not an exploitation if that is the case. It's in the agreement you signed.

[promise444c5]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Of course brokers are making money on every trade you make. That’s their business. If they were gambling on trades to make money, then it would be safe to assume that at some point they would lose big possibly effecting the balances of their customers. It’s easier to take a small piece of all the action then to try and gamble for a bigger piece. That benefits nobody.

Yeah definitely, 
Brokers make their  profit from our market executions and its  fine to me I don't  dispute it as they need to keep their company running  and get some profits but truly they take it far sometimes instead of making  it minimal  so I wouldn't support  them either
 

[Hispo]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

It is simple. The work of brokers is simply to provide liquidity for assets people want to buy and sell as quick as possible, they simply charge for the convenience of providing the quick and seamless swap between assets, it is a fee which they earn regardless of the conditiom of the market, because it only depends on the volume and not the value of the assets themselves in the last 24 hours or so. That is how market makers make money, or at least most of them.
I would dare to say that without the existence of brokers, the global markets would not be the same whatsoever and it could take several hours for us to carry out a single transaction, so I personally do not see anything wrong with the role of brokers and market makers, s long as they do not use their position to manipulate the market on purpose or get involved in any malpractice, then they are as legitimate to me as any casino would be.

Also, unlike brokers. Casino do not completely depend on the volume of gambling but also a little bit on the luck of their gamblers. Brokers do not benefit from it in the same way.

[Webetcoins]

In general, I don’t really understand people who treat gambling as their job. 
Everyone knows that the work of any person can bring satisfaction and at some moments become boring and very annoying, especially when you are simply tired of work.  And gambling, if it begins to irritate you, then why continue to play with one stupid and stupid thought of winning back the lost money.  A smarter player understands perfectly well that in such a state it is almost impossible to win back. 
So it turns out that working in gambling is a complete stupid thing that not very smart people do.  And ahead of them there is only disappointment.

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

What if the gambler doesn't win big money even in the third week? And what if he continues trying and doesn't manage to win anything big for more months than they have reserves for? What next? Everything is gone, all you have left is regrets and nothing else. So, a gambler needs to understand that gambling is not something they should rely on, even if you have reserves for months, you can exhaust it all and still not manage to earn anything.

Gambling shouldn't be considered like a job or a source of income, people who consider gambling a source of income regret it sooner or later, so new gamblers should learn from the experiences of old gamblers who tried the same thing and failed in it and they should change their perception about it.

[Shamm]

In general, I don’t really understand people who treat gambling as their job. 
Everyone knows that the work of any person can bring satisfaction and at some moments become boring and very annoying, especially when you are simply tired of work.  And gambling, if it begins to irritate you, then why continue to play with one stupid and stupid thought of winning back the lost money.  A smarter player understands perfectly well that in such a state it is almost impossible to win back. 
So it turns out that working in gambling is a complete stupid thing that not very smart people do.  And ahead of them there is only disappointment.

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

What if the gambler doesn't win big money even in the third week? And what if he continues trying and doesn't manage to win anything big for more months than they have reserves for? What next? Everything is gone, all you have left is regrets and nothing else. So, a gambler needs to understand that gambling is not something they should rely on, even if you have reserves for months, you can exhaust it all and still not manage to earn anything.

Gambling shouldn't be considered like a job or a source of income, people who consider gambling a source of income regret it sooner or later, so new gamblers should learn from the experiences of old gamblers who tried the same thing and failed in it and they should change their perception about it.

absolutely mate you are right Many people around the world think that gambling can manage the situation or sustain their daily needs but in reality it is not the same and the outcome is not the same too as we all know that everyone of us here if we rely on gambling then we will failed . Failed because our money can not sustain our daily needs gambling is not a job that you can get money if you were working bit in gambling even though everyday, every hour or Every minutes we can not say say that we will win.

[mak013]

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

What if the gambler doesn't win big money even in the third week? And what if he continues trying and doesn't manage to win anything big for more months than they have reserves for? What next? Everything is gone, all you have left is regrets and nothing else. So, a gambler needs to understand that gambling is not something they should rely on, even if you have reserves for months, you can exhaust it all and still not manage to earn anything.

Gambling shouldn't be considered like a job or a source of income, people who consider gambling a source of income regret it sooner or later, so new gamblers should learn from the experiences of old gamblers who tried the same thing and failed in it and they should change their perception about it.

It is possible. For such situations there is money management. If you have money only for 2-3 weeks of betting and no any money for life - it is a bad decision. The same is everywhere. If you start business with such sums you have good chances to lose it. If you trade with such money - it would be enough 1-2 deals with leverage to become a bankrupt. In the gambling it is the same. If you don`t ready to risk and work hard - you can choose easy work with fixed salary.

[LUCKMCFLY]

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

What if the gambler doesn't win big money even in the third week? And what if he continues trying and doesn't manage to win anything big for more months than they have reserves for? What next? Everything is gone, all you have left is regrets and nothing else. So, a gambler needs to understand that gambling is not something they should rely on, even if you have reserves for months, you can exhaust it all and still not manage to earn anything.

Gambling shouldn't be considered like a job or a source of income, people who consider gambling a source of income regret it sooner or later, so new gamblers should learn from the experiences of old gamblers who tried the same thing and failed in it and they should change their perception about it.

It is possible. For such situations there is money management. If you have money only for 2-3 weeks of betting and no any money for life - it is a bad decision. The same is everywhere. If you start business with such sums you have good chances to lose it. If you trade with such money - it would be enough 1-2 deals with leverage to become a bankrupt. In the gambling it is the same. If you don`t ready to risk and work hard - you can choose easy work with fixed salary.

You're right, in the game things can be very difficult to be profitable, for example I don't see that the game is for me as an income or as a job or something like that, I really don't think I have enough level to be able to I said something like that, I have never tried it with sports betting, I do sports betting from time to time and that is with the games that are from the PL, the League, good in soccer, and that is enough for me to be able to do something to be able to have an extra, but I don't see that extra as enough to live on (in the case that I win), it is also evaluated that to make a good bet, sports  it should be done with a lot of money to earn a lot of money, and I haven't been able to reach that level yet, I really admire the people who make a living from sports events, I live in their lives, every facet is full of pure adrenaline.

[Quidat]

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

What if the gambler doesn't win big money even in the third week? And what if he continues trying and doesn't manage to win anything big for more months than they have reserves for? What next? Everything is gone, all you have left is regrets and nothing else. So, a gambler needs to understand that gambling is not something they should rely on, even if you have reserves for months, you can exhaust it all and still not manage to earn anything.

Gambling shouldn't be considered like a job or a source of income, people who consider gambling a source of income regret it sooner or later, so new gamblers should learn from the experiences of old gamblers who tried the same thing and failed in it and they should change their perception about it.

It is possible. For such situations there is money management. If you have money only for 2-3 weeks of betting and no any money for life - it is a bad decision. The same is everywhere. If you start business with such sums you have good chances to lose it. If you trade with such money - it would be enough 1-2 deals with leverage to become a bankrupt. In the gambling it is the same. If you don`t ready to risk and work hard - you can choose easy work with fixed salary.

You're right, in the game things can be very difficult to be profitable, for example I don't see that the game is for me as an income or as a job or something like that, I really don't think I have enough level to be able to I said something like that, I have never tried it with sports betting, I do sports betting from time to time and that is with the games that are from the PL, the League, good in soccer, and that is enough for me to be able to do something to be able to have an extra, but I don't see that extra as enough to live on (in the case that I win), it is also evaluated that to make a good bet, sports  it should be done with a lot of money to earn a lot of money, and I haven't been able to reach that level yet, I really admire the people who make a living from sports events, I live in their lives, every facet is full of pure adrenaline.

It might sound impossible but there are people who are really that making a living with these things like specially on gambling or even on stocks/forex. It might sound that its unlikely but it could really be applied or something that would really be that possible for you to achieve on but only a few people on this world would be having that particular skill having that kind of knowledge on which they could really be able to sustain themselves in speaking about profitability on which we know that this is something wont really be that so easy when we do speak about on dealing with it.
As for business owners point of view then it would be normal that they would really be having that kind of passive income or profits that they are making into their business
because it would really be just that understandable considering that there's demand then there's revenue.

[mak013]

It is possible. For such situations there is money management. If you have money only for 2-3 weeks of betting and no any money for life - it is a bad decision. The same is everywhere. If you start business with such sums you have good chances to lose it. If you trade with such money - it would be enough 1-2 deals with leverage to become a bankrupt. In the gambling it is the same. If you don`t ready to risk and work hard - you can choose easy work with fixed salary.

You're right, in the game things can be very difficult to be profitable, for example I don't see that the game is for me as an income or as a job or something like that, I really don't think I have enough level to be able to I said something like that, I have never tried it with sports betting, I do sports betting from time to time and that is with the games that are from the PL, the League, good in soccer, and that is enough for me to be able to do something to be able to have an extra, but I don't see that extra as enough to live on (in the case that I win), it is also evaluated that to make a good bet, sports  it should be done with a lot of money to earn a lot of money, and I haven't been able to reach that level yet, I really admire the people who make a living from sports events, I live in their lives, every facet is full of pure adrenaline.

I began to bet with $200. It was enough for the beginning. I searched information, prediction groups, small matches in low leagues. As the result i doubled my money after 2 days. And next 3 days i lost the main part of the profit. But week by week i increased my deposit and raised my bets. But as the result i tried to make gambling the main income and understand that it is possible, but it take all your time and resources. I hadn`t time for anything except gambling and all i wanted was to sleep. Everybody can decide himself is he ready for it.

[Hamphser]

It is possible. For such situations there is money management. If you have money only for 2-3 weeks of betting and no any money for life - it is a bad decision. The same is everywhere. If you start business with such sums you have good chances to lose it. If you trade with such money - it would be enough 1-2 deals with leverage to become a bankrupt. In the gambling it is the same. If you don`t ready to risk and work hard - you can choose easy work with fixed salary.

You're right, in the game things can be very difficult to be profitable, for example I don't see that the game is for me as an income or as a job or something like that, I really don't think I have enough level to be able to I said something like that, I have never tried it with sports betting, I do sports betting from time to time and that is with the games that are from the PL, the League, good in soccer, and that is enough for me to be able to do something to be able to have an extra, but I don't see that extra as enough to live on (in the case that I win), it is also evaluated that to make a good bet, sports  it should be done with a lot of money to earn a lot of money, and I haven't been able to reach that level yet, I really admire the people who make a living from sports events, I live in their lives, every facet is full of pure adrenaline.

I began to bet with $200. It was enough for the beginning. I searched information, prediction groups, small matches in low leagues. As the result i doubled my money after 2 days. And next 3 days i lost the main part of the profit. But week by week i increased my deposit and raised my bets. But as the result i tried to make gambling the main income and understand that it is possible, but it take all your time and resources. I hadn`t time for anything except gambling and all i wanted was to sleep. Everybody can decide himself is he ready for it.

Doing gambling as your main source is never been that advisable, we should really be taking up bets which is really that for the sake of fun. We might be able to see some progress or increase with our capital but it doesnt mean that we are already that sustainable. We should always be that considering that luck factor would really be always a contributive thing when it comes to gambling on which it would really be
something that very crucial and not something that you could really make yourself that too confident when it comes to that . You cant really be just that too confident on making it as your source of income.
You are really just that basically putting up yourself on such big trouble on the time that you would really be having those kind of considerations on which we know that gambling is something that
could really be putting you up on such big problems on the time that you do become that impulsive into it.

[mak013]

I began to bet with $200. It was enough for the beginning. I searched information, prediction groups, small matches in low leagues. As the result i doubled my money after 2 days. And next 3 days i lost the main part of the profit. But week by week i increased my deposit and raised my bets. But as the result i tried to make gambling the main income and understand that it is possible, but it take all your time and resources. I hadn`t time for anything except gambling and all i wanted was to sleep. Everybody can decide himself is he ready for it.

Doing gambling as your main source is never been that advisable, we should really be taking up bets which is really that for the sake of fun. We might be able to see some progress or increase with our capital but it doesnt mean that we are already that sustainable. We should always be that considering that luck factor would really be always a contributive thing when it comes to gambling on which it would really be
something that very crucial and not something that you could really make yourself that too confident when it comes to that . You cant really be just that too confident on making it as your source of income.
You are really just that basically putting up yourself on such big trouble on the time that you would really be having those kind of considerations on which we know that gambling is something that
could really be putting you up on such big problems on the time that you do become that impulsive into it.

When someone telling us that he is trader we don`t tell him that it can be main income. When someone gets credit for business we don`t tell him how silly it is to risk money. But you are telling it about gambling.
I several times tell how it works, but you still believe that it is impossible. I don`t tell someone to gamble like i, but i just say that it is possible and it is the same like any other job. You work hard, you control your money, you use money management you spend lots of time and as result you get profit. It is difficult but possible.

[rodskee]

We may not have to compare all these together because some of them are not the same with each other, gambling most especially is a different form of getting entertained with fun and others are more about making an investment or business while the brokers are the intermediaries between brokers,

Gambling is the only thing on those options that we can gain enjoyment while trying ourluck
because in stocks and brokerage you must b completely serious in all aspects before gaining that
amount.

all we need to know is what constitutes whatever thing we are going in for,when we have the understanding, we will not be cheated and we are going to be at the top of having it's best satisfaction.

or in which we are enjoying and willing to take risk, because all of those are profiteering
but brokerage needs no capital but skills and knowledge .

[Fivestar4everMVP]

We may not have to compare all these together because some of them are not the same with each other, gambling most especially is a different form of getting entertained with fun and others are more about making an investment or business while the brokers are the intermediaries between brokers,

Gambling is the only thing on those options that we can gain enjoyment while trying ourluck
because in stocks and brokerage you must b completely serious in all aspects before gaining that
amount.

Sorry but I will not agree with your opinion here because you are completely wrong, trading, whether it be stocks, forex, crypto or what ever, can be just as fun as it is with gambling, it just have to depend on what the person doing either of this things loves doing, for someone who love gambling, he or she will enjoy and have good fun whenever he has the opportunity to gamble, while for someone who loves trading forex or crypto, he or she will have good fun when he or she have the opportunity to trade, this is possibly the reason why both gambling and trading are all addictive, people actually get addicted to trading just same way others get addicted to gambling.

The only difference is that, one is riskier than the other, because on gambling, you have to completely either depend on luck to make money, or depend on your knowledge of a game to make money from betting in that game.
But on trading, you have to depend on several types of skill sets, like knowing how to technically and fundamentally analyze the market, knowing how to do a proper research, knowing how to read charts and so on and on, all this skills will contribute to how much of your trades you win per day or depending on how frequent you trade.

[Hamphser]

I began to bet with $200. It was enough for the beginning. I searched information, prediction groups, small matches in low leagues. As the result i doubled my money after 2 days. And next 3 days i lost the main part of the profit. But week by week i increased my deposit and raised my bets. But as the result i tried to make gambling the main income and understand that it is possible, but it take all your time and resources. I hadn`t time for anything except gambling and all i wanted was to sleep. Everybody can decide himself is he ready for it.

Doing gambling as your main source is never been that advisable, we should really be taking up bets which is really that for the sake of fun. We might be able to see some progress or increase with our capital but it doesnt mean that we are already that sustainable. We should always be that considering that luck factor would really be always a contributive thing when it comes to gambling on which it would really be
something that very crucial and not something that you could really make yourself that too confident when it comes to that . You cant really be just that too confident on making it as your source of income.
You are really just that basically putting up yourself on such big trouble on the time that you would really be having those kind of considerations on which we know that gambling is something that
could really be putting you up on such big problems on the time that you do become that impulsive into it.

When someone telling us that he is trader we don`t tell him that it can be main income. When someone gets credit for business we don`t tell him how silly it is to risk money. But you are telling it about gambling.
I several times tell how it works, but you still believe that it is impossible. I don`t tell someone to gamble like i, but i just say that it is possible and it is the same like any other job. You work hard, you control your money, you use money management you spend lots of time and as result you get profit. It is difficult but possible.

Yes, its difficult but doesnt mean that it would really be impossible. It would really be just that depending on how someone would really be working their assess off and on how you would really be able to deal up with things. When it comes to making money whether you are dealing with casino or forex or other markets then these are indeed businesses. Money game? Of course they are really that doing such stuff on which
they could generate out income or revenue and for us people who do engage out into these markets or platforms then it would really be just that up to you on how you would really be able to
deal up with things and when it comes to profitability then this is something that would pertain about on how well you do deal up with things and act according into it.
Money game? Its business so its normal that they would really be making money.

[EarnOnVictor]

We may not have to compare all these together because some of them are not the same with each other, gambling most especially is a different form of getting entertained with fun and others are more about making an investment or business while the brokers are the intermediaries between brokers,

Gambling is the only thing on those options that we can gain enjoyment while trying ourluck
because in stocks and brokerage you must b completely serious in all aspects before gaining that
amount.

What you've just said in this simple way is a pure fact and one of the ways people should know that gambling and trading are not just the same thing. When you are a trader, you are in for the serious business unless you are not serious yourself. I've known how to trade for a while and survived many years through trading. This can't be easy with gambling no matter what, and I know that people cannot say that they are trading for the fun, that's heretic, but such is being done in gambling to further prove the difference in them. When you are trading too, you should know that you are actually buying and selling depending on what you are trading, it could be currencies, energies, commodities etc. When you buy them, you own them until you sell them, but when you gamble, you own nothing but just commit your money to the risk and be at the mercy of luck at that time, which makes them different in almost all ramifications but for the "risk" involvement in the two of them which is making people think that they are the same thing, but are certain not. As an experienced trader and a gambler, naturally, I say know the feelings of the two, I can't even think of them the same. I know the models in them and how their activity, management and future hopes and pride feel about them. They are not just the same thing.

[LUCKMCFLY]

It is possible. For such situations there is money management. If you have money only for 2-3 weeks of betting and no any money for life - it is a bad decision. The same is everywhere. If you start business with such sums you have good chances to lose it. If you trade with such money - it would be enough 1-2 deals with leverage to become a bankrupt. In the gambling it is the same. If you don`t ready to risk and work hard - you can choose easy work with fixed salary.

You're right, in the game things can be very difficult to be profitable, for example I don't see that the game is for me as an income or as a job or something like that, I really don't think I have enough level to be able to I said something like that, I have never tried it with sports betting, I do sports betting from time to time and that is with the games that are from the PL, the League, good in soccer, and that is enough for me to be able to do something to be able to have an extra, but I don't see that extra as enough to live on (in the case that I win), it is also evaluated that to make a good bet, sports  it should be done with a lot of money to earn a lot of money, and I haven't been able to reach that level yet, I really admire the people who make a living from sports events, I live in their lives, every facet is full of pure adrenaline.

I began to bet with $200. It was enough for the beginning. I searched information, prediction groups, small matches in low leagues. As the result i doubled my money after 2 days. And next 3 days i lost the main part of the profit. But week by week i increased my deposit and raised my bets. But as the result i tried to make gambling the main income and understand that it is possible, but it take all your time and resources. I hadn`t time for anything except gambling and all i wanted was to sleep. Everybody can decide himself is he ready for it.

Well, with all those things it shows that you were looking for your own style of how to win, and you based yourself on many things, sources of information, it's nice because at that moment our research capacity becomes sharper and you can find many ways, what happens is that finding a secret formula or something like that is difficult, I would say that one with those recommendations, both technical and theoretical, all of that must be mixed with one's own intuition, if the casino uses its house advantage we have to use something more focused on competing Against that, I think that is where some people go for witches, fortune tellers, because they look for another way to win and that is something that is sometimes out of the ordinary, but some will say that to win everything is valid, I consider that you also have to stop a little because the body needs to rest to be able to have fresh ideas.

[mak013]

I began to bet with $200. It was enough for the beginning. I searched information, prediction groups, small matches in low leagues. As the result i doubled my money after 2 days. And next 3 days i lost the main part of the profit. But week by week i increased my deposit and raised my bets. But as the result i tried to make gambling the main income and understand that it is possible, but it take all your time and resources. I hadn`t time for anything except gambling and all i wanted was to sleep. Everybody can decide himself is he ready for it.

Well, with all those things it shows that you were looking for your own style of how to win, and you based yourself on many things, sources of information, it's nice because at that moment our research capacity becomes sharper and you can find many ways, what happens is that finding a secret formula or something like that is difficult, I would say that one with those recommendations, both technical and theoretical, all of that must be mixed with one's own intuition, if the casino uses its house advantage we have to use something more focused on competing Against that, I think that is where some people go for witches, fortune tellers, because they look for another way to win and that is something that is sometimes out of the ordinary, but some will say that to win everything is valid, I consider that you also have to stop a little because the body needs to rest to be able to have fresh ideas.

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

[EarnOnVictor]

I began to bet with $200. It was enough for the beginning. I searched information, prediction groups, small matches in low leagues. As the result i doubled my money after 2 days. And next 3 days i lost the main part of the profit. But week by week i increased my deposit and raised my bets. But as the result i tried to make gambling the main income and understand that it is possible, but it take all your time and resources. I hadn`t time for anything except gambling and all i wanted was to sleep. Everybody can decide himself is he ready for it.

Well, with all those things it shows that you were looking for your own style of how to win, and you based yourself on many things, sources of information, it's nice because at that moment our research capacity becomes sharper and you can find many ways, what happens is that finding a secret formula or something like that is difficult, I would say that one with those recommendations, both technical and theoretical, all of that must be mixed with one's own intuition, if the casino uses its house advantage we have to use something more focused on competing Against that, I think that is where some people go for witches, fortune tellers, because they look for another way to win and that is something that is sometimes out of the ordinary, but some will say that to win everything is valid, I consider that you also have to stop a little because the body needs to rest to be able to have fresh ideas.

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

And you think it would be easy to solely depend on casinos for a living? It is always good and deceptive in our thoughts, especially when the person has a primary job, but the moment the person stops that job for gambling, the issue starts and it's going to be a serious problem with time. The psychology at which you are gambling when you are still falling back at your primary job as the main source of income is not the same as you would be gambling when it is no more, that's why it is not the smartest decision to be gambling for a living without having anything to fall back at. This is especially true when you are a family man and someone who has extended dependents. It will be a whole lot of headaches at that time when there are pressing financial needs where gambling will be your last resort. Depending on gambling in such a situation will only cause desperation and frustration and you will likely lose your money.

Besides, Bravo! You are doing well in gambling. For someone to be earning so hugely in gambling to the extent that the mean earning of the country is still lower than it, that is convenient. But I will never advise anyone towards it. I also read your post a while ago that you reduced your gambling pace just because of your job. That is a very good idea, the job that pays you more and gives you the rest of mind as the reward of your work is best to be taken seriously. Just continue to bet in your free time the way you do it, it is the best and shows you are wise. Don't be tempted because if you can gamble with higher amounts and your gambling results are as good as you claimed, then you may still earn more than your present status. But don't just think it.

[mak013]

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

And you think it would be easy to solely depend on casinos for a living? It is always good and deceptive in our thoughts, especially when the person has a primary job, but the moment the person stops that job for gambling, the issue starts and it's going to be a serious problem with time. The psychology at which you are gambling when you are still falling back at your primary job as the main source of income is not the same as you would be gambling when it is no more, that's why it is not the smartest decision to be gambling for a living without having anything to fall back at. This is especially true when you are a family man and someone who has extended dependents. It will be a whole lot of headaches at that time when there are pressing financial needs where gambling will be your last resort. Depending on gambling in such a situation will only cause desperation and frustration and you will likely lose your money.

Besides, Bravo! You are doing well in gambling. For someone to be earning so hugely in gambling to the extent that the mean earning of the country is still lower than it, that is convenient. But I will never advise anyone towards it. I also read your post a while ago that you reduced your gambling pace just because of your job. That is a very good idea, the job that pays you more and gives you the rest of mind as the reward of your work is best to be taken seriously. Just continue to bet in your free time the way you do it, it is the best and shows you are wise. Don't be tempted because if you can gamble with higher amounts and your gambling results are as good as you claimed, then you may still earn more than your present status. But don't just think it.

I never said that it is easy. It is really difficult to get nice profit from gambling. And it is like a job. You mustn`t have emotions, you must wake up several times per night, you must be ready to bet every moment of your life. Several times i went to buy bread with a notebook. And only in such a way you can become successful.
I`m good specialist, so my salary is high enough, that`s why i made such choice. But if someone don`t get big money from the job, he can try to get it from gambling. The main problem is that the main part of gamblers think that it is easy money - look at the match and win. No! It doesn`t works so. It is the way to lose all your money and think that you isn`t lucky enough.

[LUCKMCFLY]

I began to bet with $200. It was enough for the beginning. I searched information, prediction groups, small matches in low leagues. As the result i doubled my money after 2 days. And next 3 days i lost the main part of the profit. But week by week i increased my deposit and raised my bets. But as the result i tried to make gambling the main income and understand that it is possible, but it take all your time and resources. I hadn`t time for anything except gambling and all i wanted was to sleep. Everybody can decide himself is he ready for it.

Well, with all those things it shows that you were looking for your own style of how to win, and you based yourself on many things, sources of information, it's nice because at that moment our research capacity becomes sharper and you can find many ways, what happens is that finding a secret formula or something like that is difficult, I would say that one with those recommendations, both technical and theoretical, all of that must be mixed with one's own intuition, if the casino uses its house advantage we have to use something more focused on competing Against that, I think that is where some people go for witches, fortune tellers, because they look for another way to win and that is something that is sometimes out of the ordinary, but some will say that to win everything is valid, I consider that you also have to stop a little because the body needs to rest to be able to have fresh ideas.

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

Well, reaching that Balance is worthy of admiration, the truth is I'm very happy and I hope it continues like this always and Profits , when you have confidence like that I think it's when you say that you can earn money while doing what you like the most, and that It is something that makes you Happy as a person, I would also like to reach that level, but as I see the Experience and the tricks , Everything also as luck influences a lot, they Could say that to reach that level a lot would have to happen time, what happens is that sometimes the responsibilities, the expenses, all of that exposes anyone to limiting themselves from doing things, always at every moment we are people who can do what we set out to do, but it is difficult, knowing that Casinos are very Complicated.

[Lanatsa]

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

And you think it would be easy to solely depend on casinos for a living? It is always good and deceptive in our thoughts, especially when the person has a primary job, but the moment the person stops that job for gambling, the issue starts and it's going to be a serious problem with time. The psychology at which you are gambling when you are still falling back at your primary job as the main source of income is not the same as you would be gambling when it is no more, that's why it is not the smartest decision to be gambling for a living without having anything to fall back at. This is especially true when you are a family man and someone who has extended dependents. It will be a whole lot of headaches at that time when there are pressing financial needs where gambling will be your last resort. Depending on gambling in such a situation will only cause desperation and frustration and you will likely lose your money.

Besides, Bravo! You are doing well in gambling. For someone to be earning so hugely in gambling to the extent that the mean earning of the country is still lower than it, that is convenient. But I will never advise anyone towards it. I also read your post a while ago that you reduced your gambling pace just because of your job. That is a very good idea, the job that pays you more and gives you the rest of mind as the reward of your work is best to be taken seriously. Just continue to bet in your free time the way you do it, it is the best and shows you are wise. Don't be tempted because if you can gamble with higher amounts and your gambling results are as good as you claimed, then you may still earn more than your present status. But don't just think it.

I never said that it is easy. It is really difficult to get nice profit from gambling. And it is like a job. You mustn`t have emotions, you must wake up several times per night, you must be ready to bet every moment of your life. Several times i went to buy bread with a notebook. And only in such a way you can become successful.
I`m good specialist, so my salary is high enough, that`s why i made such choice. But if someone don`t get big money from the job, he can try to get it from gambling. The main problem is that the main part of gamblers think that it is easy money - look at the match and win. No! It doesn`t works so. It is the way to lose all your money and think that you isn`t lucky enough.

Gambling was never meant to be getting money or profits with it in the first place because once you do have this kind of approach then you are just that basically putting up yourself into such situation that you would really be that desperate
on which we know that this is really that something very wrong approach to have towards it. Making money no matter what method or path you would be taking is never been simple.Yes, it could really be acquired through work or through gamble or through investment but you would really be needing to work at least but in speaking about leisure and entertainment thing then it is really still included and really that having the probability.
It is really just that there are people who are really that too desperate when it comes to those kind of treating up on things.

As for business whether gambling or other industries then of course its a money game for those owners. They do really take advantage into those people who are really that seeking for fun and entertainment
or even into those brokers or platforms that offers services on which snipping out money on the service that they do gave to people but well business is business on which generation of revenue
would really be their outmost responsibility on which it is really that a common approach thing.

[EarnOnVictor]

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

And you think it would be easy to solely depend on casinos for a living? It is always good and deceptive in our thoughts, especially when the person has a primary job, but the moment the person stops that job for gambling, the issue starts and it's going to be a serious problem with time. The psychology at which you are gambling when you are still falling back at your primary job as the main source of income is not the same as you would be gambling when it is no more, that's why it is not the smartest decision to be gambling for a living without having anything to fall back at. This is especially true when you are a family man and someone who has extended dependents. It will be a whole lot of headaches at that time when there are pressing financial needs where gambling will be your last resort. Depending on gambling in such a situation will only cause desperation and frustration and you will likely lose your money.

Besides, Bravo! You are doing well in gambling. For someone to be earning so hugely in gambling to the extent that the mean earning of the country is still lower than it, that is convenient. But I will never advise anyone towards it. I also read your post a while ago that you reduced your gambling pace just because of your job. That is a very good idea, the job that pays you more and gives you the rest of mind as the reward of your work is best to be taken seriously. Just continue to bet in your free time the way you do it, it is the best and shows you are wise. Don't be tempted because if you can gamble with higher amounts and your gambling results are as good as you claimed, then you may still earn more than your present status. But don't just think it.

I never said that it is easy. It is really difficult to get nice profit from gambling. And it is like a job. You mustn`t have emotions, you must wake up several times per night, you must be ready to bet every moment of your life. Several times i went to buy bread with a notebook. And only in such a way you can become successful.
I`m good specialist, so my salary is high enough, that`s why i made such choice. But if someone don`t get big money from the job, he can try to get it from gambling. The main problem is that the main part of gamblers think that it is easy money - look at the match and win. No! It doesn`t works so. It is the way to lose all your money and think that you isn`t lucky enough.

I quite understand you, but what I still do not get is how gambling is like a job as I boldened above in your reply. "Emotion" aside, I would like you to elaborate on that because I view them differently, as gambling is a mere activity of betting that should be for the extra daily activity either for the fun or for the money. And even if gambling should be engaged for the money, it should still be for the passive income and not for the main income, this is to avoid financial issues. Relying on gambling alone is even more dangerous, which is a strong call for emotion and will in turn ruin the gambler.

But for you to call it something synonymous with a job and make us believe that if your main job is not paying so high, you would have opted for gambling is what I still do not understand, and perhaps, will not agree to that as well. Gambling is not easy my friend, it is not what I will ever agree to for anyone to do and believe it will feed himself, the family members and the dependents easily. This will only cut the expectation of the person short and cause desperation, and this will lead to frustration over time and also grow to depression if care is not taken. It is easier to say than practice, and I hope you will not try this ever.

By the way, which aspect of gambling are you playing that gives you the high winning rates that encourage you this much?

[Fivestar4everMVP]

I began to bet with $200. It was enough for the beginning. I searched information, prediction groups, small matches in low leagues. As the result i doubled my money after 2 days. And next 3 days i lost the main part of the profit. But week by week i increased my deposit and raised my bets. But as the result i tried to make gambling the main income and understand that it is possible, but it take all your time and resources. I hadn`t time for anything except gambling and all i wanted was to sleep. Everybody can decide himself is he ready for it.

Well, with all those things it shows that you were looking for your own style of how to win, and you based yourself on many things, sources of information, it's nice because at that moment our research capacity becomes sharper and you can find many ways, what happens is that finding a secret formula or something like that is difficult, I would say that one with those recommendations, both technical and theoretical, all of that must be mixed with one's own intuition, if the casino uses its house advantage we have to use something more focused on competing Against that, I think that is where some people go for witches, fortune tellers, because they look for another way to win and that is something that is sometimes out of the ordinary, but some will say that to win everything is valid, I consider that you also have to stop a little because the body needs to rest to be able to have fresh ideas.

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

Gambling can indeed pay us much more than we usually earn from our day jobs, but this does not mean that gambling is more reliable than our day jobs, because when it comes to making money from gambling, there is absolutely no guarantee, and the truth actually is that, you may sometimes, find yourself losing money when you least expect it, and if money being lost to gambling is one you weren't prepared to lose, then that actually becomes the beginning of some like of problem.

Day jobs may pay less than we usually win from gambling, but day jobs are still more reliable than gambling, for he who is working have a guarantee that by the end of the month, he or she is gonna get paid his or her salary for that month, this mindset creates some kind of financial security, for when you know that you are getting some funds as a certain period in time, you don't panic but just wait for the time.
But in gambling, there are no guarantees, a gambler can luckily win let's say, $10,000 today, and it will take years of gambling daily for him or her to win such amount of money again, while the reverse may also be the case.

In conclusion, gambling is perfect as a side activity, but never should we leave our day job or business to focus on gambling as our main source of income.

[kotajikikox]

It is the same like a job. As you say - if the job becomes boring why you continue to work? The same is with gambling as a job. The difference is that you get fixed salary for the job and can plan how to spend you money and in gambling you can lose 1-2 weeks and get big money after 3 weeks. It makes you to think in another way and you have to use money management not only for gambling but for all you life. Also you must have some money reserved. The gamblers i know have such reserve for 3-4 months of living.

What if the gambler doesn't win big money even in the third week? And what if he continues trying and doesn't manage to win anything big for more months than they have reserves for? What next? Everything is gone, all you have left is regrets and nothing else. So, a gambler needs to understand that gambling is not something they should rely on, even if you have reserves for months, you can exhaust it all and still not manage to earn anything.

Gambling shouldn't be considered like a job or a source of income, people who consider gambling a source of income regret it sooner or later, so new gamblers should learn from the experiences of old gamblers who tried the same thing and failed in it and they should change their perception about it.

It is possible. For such situations there is money management. If you have money only for 2-3 weeks of betting and no any money for life - it is a bad decision. The same is everywhere. If you start business with such sums you have good chances to lose it. If you trade with such money - it would be enough 1-2 deals with leverage to become a bankrupt. In the gambling it is the same. If you don`t ready to risk and work hard - you can choose easy work with fixed salary.

You're right, in the game things can be very difficult to be profitable, for example I don't see that the game is for me as an income or as a job or something like that, I really don't think I have enough level to be able to I said something like that, I have never tried it with sports betting, I do sports betting from time to time and that is with the games that are from the PL, the League, good in soccer, and that is enough for me to be able to do something to be able to have an extra, but I don't see that extra as enough to live on (in the case that I win), it is also evaluated that to make a good bet, sports  it should be done with a lot of money to earn a lot of money, and I haven't been able to reach that level yet, I really admire the people who make a living from sports events, I live in their lives, every facet is full of pure adrenaline.

It might sound impossible but there are people who are really that making a living with these things like specially on gambling or even on stocks/forex. It might sound that its unlikely but it could really be applied or something that would really be that possible for you to achieve on but only a few people on this world would be having that particular skill having that kind of knowledge on which they could really be able to sustain themselves in speaking about profitability on which we know that this is something wont really be that so easy when we do speak about on dealing with it.
As for business owners point of view then it would be normal that they would really be having that kind of passive income or profits that they are making into their business
because it would really be just that understandable considering that there's demand then there's revenue.

Yeah though it is rarely to find yet there are people that lives using gambling /stocks and forex , i only knew one person that has a gambling skills that knows how to feed His family solely from gambling ,
actually this is our life in which we can generate money from whatever we wanted as long as this is not against the law and the people.
if given a chance and a lucky person like the one I know? then I will choose to live having one Job and that is to gamble because how much enjoyable while you are winning .that is a rarest thing to have in life .

[LUCKMCFLY]

Yeah though it is rarely to find yet there are people that lives using gambling /stocks and forex , i only knew one person that has a gambling skills that knows how to feed His family solely from gambling ,
actually this is our life in which we can generate money from whatever we wanted as long as this is not against the law and the people.
if given a chance and a lucky person like the one I know? then I will choose to live having one Job and that is to gamble because how much enjoyable while you are winning .that is a rarest thing to have in life .

This type of thing usually catches my Attention because I would not stop doing my things to work only with the game, I see it as something very dangerous even that I can decapitalize myself, so that care must be taken, in fact when you are in a casino we see that A person when he Plays a lot is because obviously he exposes his money and capital to possibly lose, ethnances have to realize whether it is worth it whether he wins or not, I have a game and I don't win anything, at least I get fun , but I win, I win, I retire the deinro to spend, it is Better to do so and not leave the money in the casino , Because most times that is left Inside the casino one ends up Spending there and does not enjoy it.

Now I respect the decisions of others, since they can live from the game, Forex, although I lean much more for the Forex, I see it easier to Win.

[mak013]

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

Well, reaching that Balance is worthy of admiration, the truth is I'm very happy and I hope it continues like this always and Profits , when you have confidence like that I think it's when you say that you can earn money while doing what you like the most, and that It is something that makes you Happy as a person, I would also like to reach that level, but as I see the Experience and the tricks , Everything also as luck influences a lot, they Could say that to reach that level a lot would have to happen time, what happens is that sometimes the responsibilities, the expenses, all of that exposes anyone to limiting themselves from doing things, always at every moment we are people who can do what we set out to do, but it is difficult, knowing that Casinos are very Complicated.

Of course there is some luck. Without it i could got win rate 100%. But it is sports and no one can guarantee you that one team win. I think that no one could supposed that Bayern could lost today, or that Man United could got 2 goals against them after 10 added minutes. But my win rate allows me to get profit.
PS. Today was nice day, i`ve catched 2 matches. Čukarički U19 with odd 3.2 and Chiangmai United with the odd 9(catched when the score was 0-1). I`ve lost 3 bets, but the result really nice.

I never said that it is easy. It is really difficult to get nice profit from gambling. And it is like a job. You mustn`t have emotions, you must wake up several times per night, you must be ready to bet every moment of your life. Several times i went to buy bread with a notebook. And only in such a way you can become successful.
I`m good specialist, so my salary is high enough, that`s why i made such choice. But if someone don`t get big money from the job, he can try to get it from gambling. The main problem is that the main part of gamblers think that it is easy money - look at the match and win. No! It doesn`t works so. It is the way to lose all your money and think that you isn`t lucky enough.

Gambling was never meant to be getting money or profits with it in the first place because once you do have this kind of approach then you are just that basically putting up yourself into such situation that you would really be that desperate
on which we know that this is really that something very wrong approach to have towards it. Making money no matter what method or path you would be taking is never been simple.Yes, it could really be acquired through work or through gamble or through investment but you would really be needing to work at least but in speaking about leisure and entertainment thing then it is really still included and really that having the probability.
It is really just that there are people who are really that too desperate when it comes to those kind of treating up on things.

As for business whether gambling or other industries then of course its a money game for those owners. They do really take advantage into those people who are really that seeking for fun and entertainment
or even into those brokers or platforms that offers services on which snipping out money on the service that they do gave to people but well business is business on which generation of revenue
would really be their outmost responsibility on which it is really that a common approach thing.

I only can repeat. If you can`t do something - it doesn`t means that it is impossible. I don`t cares for what purposes gambling was created. I get money from it. I don`t think that Instagram was created for marketing and promotions, but today it is an industry with huge money.





PS. It is big answer and awful for reading, so i`ll answer the others few posts later.

[suzanne5223]

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

And you think it would be easy to solely depend on casinos for a living? It is always good and deceptive in our thoughts, especially when the person has a primary job, but the moment the person stops that job for gambling, the issue starts and it's going to be a serious problem with time. The psychology at which you are gambling when you are still falling back at your primary job as the main source of income is not the same as you would be gambling when it is no more, that's why it is not the smartest decision to be gambling for a living without having anything to fall back at. This is especially true when you are a family man and someone who has extended dependents. It will be a whole lot of headaches at that time when there are pressing financial needs where gambling will be your last resort. Depending on gambling in such a situation will only cause desperation and frustration and you will likely lose your money.

Besides, Bravo! You are doing well in gambling. For someone to be earning so hugely in gambling to the extent that the mean earning of the country is still lower than it, that is convenient. But I will never advise anyone towards it. I also read your post a while ago that you reduced your gambling pace just because of your job. That is a very good idea, the job that pays you more and gives you the rest of mind as the reward of your work is best to be taken seriously. Just continue to bet in your free time the way you do it, it is the best and shows you are wise. Don't be tempted because if you can gamble with higher amounts and your gambling results are as good as you claimed, then you may still earn more than your present status. But don't just think it.

I never said that it is easy. It is really difficult to get nice profit from gambling. And it is like a job. You mustn`t have emotions, you must wake up several times per night, you must be ready to bet every moment of your life. Several times i went to buy bread with a notebook. And only in such a way you can become successful.
I`m good specialist, so my salary is high enough, that`s why i made such choice. But if someone don`t get big money from the job, he can try to get it from gambling. The main problem is that the main part of gamblers think that it is easy money - look at the match and win. No! It doesn`t works so. It is the way to lose all your money and think that you isn`t lucky enough.

Let's be honest is there a certain field or profession in this world where people will make an end means easily?
I don't think there's any, even in the cryptocurrency that is filled with diverse opportunities you have to dedicate some hours of your sleep to research, reading, or skill improvement if you want to be at the edge of your game.
Although, online crypto casinos have made things easy but I consider gambling to be more difficult than a job cause we're talking about something that has made some people millionaires and has easily ruined the lives of some people.

[mak013]

I never said that it is easy. It is really difficult to get nice profit from gambling. And it is like a job. You mustn`t have emotions, you must wake up several times per night, you must be ready to bet every moment of your life. Several times i went to buy bread with a notebook. And only in such a way you can become successful.
I`m good specialist, so my salary is high enough, that`s why i made such choice. But if someone don`t get big money from the job, he can try to get it from gambling. The main problem is that the main part of gamblers think that it is easy money - look at the match and win. No! It doesn`t works so. It is the way to lose all your money and think that you isn`t lucky enough.

I quite understand you, but what I still do not get is how gambling is like a job as I boldened above in your reply. "Emotion" aside, I would like you to elaborate on that because I view them differently, as gambling is a mere activity of betting that should be for the extra daily activity either for the fun or for the money. And even if gambling should be engaged for the money, it should still be for the passive income and not for the main income, this is to avoid financial issues. Relying on gambling alone is even more dangerous, which is a strong call for emotion and will in turn ruin the gambler.

But for you to call it something synonymous with a job and make us believe that if your main job is not paying so high, you would have opted for gambling is what I still do not understand, and perhaps, will not agree to that as well. Gambling is not easy my friend, it is not what I will ever agree to for anyone to do and believe it will feed himself, the family members and the dependents easily. This will only cut the expectation of the person short and cause desperation, and this will lead to frustration over time and also grow to depression if care is not taken. It is easier to say than practice, and I hope you will not try this ever.

By the way, which aspect of gambling are you playing that gives you the high winning rates that encourage you this much?

It is sport betting. Low leagues mostly, mostly live. You don`t watch the match, you don`t cares the result, you just analyze matches and searching nice odds. Sometimes if you don`t sure - look statistics or translation to understand how they plays. You calculate your bets, profits and loses. Every week you calculate the result and decide to increase or decrease bet. All bets are the same - the same sums for every match. Every month you calculate your money and decide what sum to withdraw. Permanently search new bookies, compare odds to get the best result, search matches.

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

Gambling can indeed pay us much more than we usually earn from our day jobs, but this does not mean that gambling is more reliable than our day jobs, because when it comes to making money from gambling, there is absolutely no guarantee, and the truth actually is that, you may sometimes, find yourself losing money when you least expect it, and if money being lost to gambling is one you weren't prepared to lose, then that actually becomes the beginning of some like of problem.

Day jobs may pay less than we usually win from gambling, but day jobs are still more reliable than gambling, for he who is working have a guarantee that by the end of the month, he or she is gonna get paid his or her salary for that month, this mindset creates some kind of financial security, for when you know that you are getting some funds as a certain period in time, you don't panic but just wait for the time.
But in gambling, there are no guarantees, a gambler can luckily win let's say, $10,000 today, and it will take years of gambling daily for him or her to win such amount of money again, while the reverse may also be the case.

In conclusion, gambling is perfect as a side activity, but never should we leave our day job or business to focus on gambling as our main source of income.

In such a way we wouldn`t see any businessmen - it is to dangerous and you don`t know will you win or lose. The best way is to get some stable salary. It is ok, but there are other ways to get money. For me - gambling is one of them. Possible, when i`ll be old enough, i`ll be only in gambling, without any other kinds of job.

[Betwrong]

~

Let's be honest is there a certain field or profession in this world where people will make an end means easily?
I don't think there's any, even in the cryptocurrency that is filled with diverse opportunities you have to dedicate some hours of your sleep to research, reading, or skill improvement if you want to be at the edge of your game.
Although, online crypto casinos have made things easy but I consider gambling to be more difficult than a job cause we're talking about something that has made some people millionaires and has easily ruined the lives of some people.

Indeed, if you want to earn money it's better to resort to some highly paid job than to try to earn it through gambling. I wouldn't say that gambling is "more difficult", bur more risky that's for sure. As for the crypto trading, it's more like gambling to me, to be honest. Despite many hours spent on researching you still have a good chance of losing it all.

[Fivestar4everMVP]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Of course brokers are making money on every trade you make. That’s their business. If they were gambling on trades to make money, then it would be safe to assume that at some point they would lose big possibly effecting the balances of their customers. It’s easier to take a small piece of all the action then to try and gamble for a bigger piece. That benefits nobody.

Yeah definitely, 
Brokers make their  profit from our market executions and its  fine to me I don't  dispute it as they need to keep their company running  and get some profits but truly they take it far sometimes instead of making  it minimal  so I wouldn't support  them either
 

Well, I would just say that business is business, and you never can know what it takes, how hard it is to maintain a high level of reputation and professionalism as a broker until you become you, how about the expenses involved, like the tax to the government and renewal of operating licenses, plus other cost of keeping the market running well and highly secure from attacks and hackers, and also you think about payment of salaries to the workers who work day and night or make sure the company is processing nicely, all of this plus other miscellaneous expenses are huge, and 100 percent of the money for all of this must come from the company's revenue, and how do they generate enough revenue to cover for all of this expenses if they don't make sure they are making the maximum profit from their users?

This is just normal thing with every businesses ans or service in every part of the world and in the business world, companies and or business/services that cost way more to run and maintain will always charge their customers more in fees, to enable them make enough profit to keep the business/service running, while those that do not cost as much to run and maintain will charge their customers lesser in fees and so on.

[EarnOnVictor]

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

And you think it would be easy to solely depend on casinos for a living? It is always good and deceptive in our thoughts, especially when the person has a primary job, but the moment the person stops that job for gambling, the issue starts and it's going to be a serious problem with time. The psychology at which you are gambling when you are still falling back at your primary job as the main source of income is not the same as you would be gambling when it is no more, that's why it is not the smartest decision to be gambling for a living without having anything to fall back at. This is especially true when you are a family man and someone who has extended dependents. It will be a whole lot of headaches at that time when there are pressing financial needs where gambling will be your last resort. Depending on gambling in such a situation will only cause desperation and frustration and you will likely lose your money.

Besides, Bravo! You are doing well in gambling. For someone to be earning so hugely in gambling to the extent that the mean earning of the country is still lower than it, that is convenient. But I will never advise anyone towards it. I also read your post a while ago that you reduced your gambling pace just because of your job. That is a very good idea, the job that pays you more and gives you the rest of mind as the reward of your work is best to be taken seriously. Just continue to bet in your free time the way you do it, it is the best and shows you are wise. Don't be tempted because if you can gamble with higher amounts and your gambling results are as good as you claimed, then you may still earn more than your present status. But don't just think it.

I never said that it is easy. It is really difficult to get nice profit from gambling. And it is like a job. You mustn`t have emotions, you must wake up several times per night, you must be ready to bet every moment of your life. Several times i went to buy bread with a notebook. And only in such a way you can become successful.
I`m good specialist, so my salary is high enough, that`s why i made such choice. But if someone don`t get big money from the job, he can try to get it from gambling. The main problem is that the main part of gamblers think that it is easy money - look at the match and win. No! It doesn`t works so. It is the way to lose all your money and think that you isn`t lucky enough.

Let's be honest is there a certain field or profession in this world where people will make an end means easily?
I don't think there's any, even in the cryptocurrency that is filled with diverse opportunities you have to dedicate some hours of your sleep to research, reading, or skill improvement if you want to be at the edge of your game.
Although, online crypto casinos have made things easy but I consider gambling to be more difficult than a job cause we're talking about something that has made some people millionaires and has easily ruined the lives of some people.

I continue to be neutral here so that I don't become too wise in my own understanding. This is partly because I want @mak013 to furnish me with that gambling option and style used that is so precious to the point that one could rely solely on it. I know that there is no way there will not be career gamblers, but still, they will have so many challenges to face as well that will make them get discouraged at times to the point of dissuading people from relying on gambling. If not, a lot of people would be relying on it now with trackable success records, but the truth is that it is never easy and will never be easy no matter how advanced we could be, the house is not foolish, they will always have that edge to keep the business running.

Fine, there could be better ways, but I believe it can't be as good as it is being propagated because we all know gambling, it is very risky with no specific approach to certainly win it. Even the lucky ones today may be unlucky for the next many weeks, if not months, so it can't be what we should be comfortable with calling our sole earning means. If we do not care about ourselves to have decided on that, we should care about those who are depending on us for daily bread.

[promise444c5]

Well, I would just say that business is business, and you never can know what it takes, how hard it is to maintain a high level of reputation and professionalism as a broker until you become you, how about the expenses involved, like the tax to the government and renewal of operating licenses, plus other cost of keeping the market running well and highly secure from attacks and hackers, and also you think about payment of salaries to the workers who work day and night or make sure the company is processing nicely, all of this plus other miscellaneous expenses are huge, and 100 percent of the money for all of this must come from the company's revenue, and how do they generate enough revenue to cover for all of this expenses if they don't make sure they are making the maximum profit from their users?

This is just normal thing with every businesses ans or service in every part of the world and in the business world, companies and or business/services that cost way more to run and maintain will always charge their customers more in fees, to enable them make enough profit to keep the business/service running, while those that do not cost as much to run and maintain will charge their customers lesser in fees and so on.

Well as I've  said in my previous  post, I know they have to key their company running  so they need to get enough profit but that's  does not not mean exploiting  from almost every features , even to deposit  we pay  some percentage  if its crypto which is even higher sometimes  than the fee being  paid for making  transactions from individual  wallets.
They make profit almost on everything  leaving  the traders with little to trade with , although not all brokers are into these.
Some even take it to the extent of scamming traders by an unexpected  shutdown  of their compering  , leaving with all traders money into the dark without question.

Every company pays bills on the course of running their company while some are being  faithful  and  earning profits, some still exploits their  customers

[Hamphser]

~

Let's be honest is there a certain field or profession in this world where people will make an end means easily?
I don't think there's any, even in the cryptocurrency that is filled with diverse opportunities you have to dedicate some hours of your sleep to research, reading, or skill improvement if you want to be at the edge of your game.
Although, online crypto casinos have made things easy but I consider gambling to be more difficult than a job cause we're talking about something that has made some people millionaires and has easily ruined the lives of some people.

Indeed, if you want to earn money it's better to resort to some highly paid job than to try to earn it through gambling. I wouldn't say that gambling is "more difficult", bur more risky that's for sure. As for the crypto trading, it's more like gambling to me, to be honest. Despite many hours spent on researching you still have a good chance of losing it all.

Gambling was never meant for making income or having that a replacement for a job for you to earn money. It is really just that for the sake of entertainment and there's no way that it would really be able to
for someone to make it as a sustainable source. Instead of earning, you would really be rather be losing money and this is why it would really be better that you do have that kind of realistic approach
rather than on making yourself that delusional because gambling doesnt really fit out into this criteria. Instead on making yourself that be desperate on doing up some things, it would be best
that you should be able to know about their differentiation between two.

As speaking about being a business then it would really be just that normal that they would really be catering out services on different market. In return then they would really be
having those deductions or commisions simply on which they do make money or simply makes income.

[Wiwo]

Let's be honest is there a certain field or profession in this world where people will make an end means easily?
I don't think there's any, even in the cryptocurrency that is filled with diverse opportunities you have to dedicate some hours of your sleep to research, reading, or skill improvement if you want to be at the edge of your game.
Although, online crypto casinos have made things easy but I consider gambling to be more difficult than a job cause we're talking about something that has made some people millionaires and has easily ruined the lives of some people.

The fact that gambling outcome is unpredicted make gambling to be a tough job and so no one should make the mistake of taking gambling to mean way to get quick money because that is not going to happen unless you are really lucky to win a jackpot.

But forever trading in the other hand can be call a profession since if the trader make proper research and calculated analysis they will easily make the right gambling decisions.

[darkangel11]

I never liked brokers, especially the ones from forex. Most of their ideas and the way the business is built relies on the fact that it might look easy and you can trade with very little money. Also, forex traders use leverage all the time because currencies aren't really volatile and you don't want to be making 1% because what's 1% of %1k? That's just a few bucks and then there's fees , what are you going to buy with $10 a week? So they make you trade with leverage and that's gambling and brokers make money regardless of whether you win or lose, just like a casino.

[LUCKMCFLY]

I compared income from my main job and from the gambling. The result told me that the job brings me more money for the same time. But the same time my profit from the gambling was higher than medium salary in my country, so it can be the main income.
Today i bet when i have free time, sometimes for emotions, mostly for some profit and have enough time for family and all my hobbies.

Well, reaching that Balance is worthy of admiration, the truth is I'm very happy and I hope it continues like this always and Profits , when you have confidence like that I think it's when you say that you can earn money while doing what you like the most, and that It is something that makes you Happy as a person, I would also like to reach that level, but as I see the Experience and the tricks , Everything also as luck influences a lot, they Could say that to reach that level a lot would have to happen time, what happens is that sometimes the responsibilities, the expenses, all of that exposes anyone to limiting themselves from doing things, always at every moment we are people who can do what we set out to do, but it is difficult, knowing that Casinos are very Complicated.

Of course there is some luck. Without it i could got win rate 100%. But it is sports and no one can guarantee you that one team win. I think that no one could supposed that Bayern could lost today, or that Man United could got 2 goals against them after 10 added minutes. But my win rate allows me to get profit.
PS. Today was nice day, i`ve catched 2 matches. Čukarički U19 with odd 3.2 and Chiangmai United with the odd 9(catched when the score was 0-1). I`ve lost 3 bets, but the result really nice.

Well, the truth is I thought that Liverpool was going to overtake a MU where they are basically very bad, in fact I read somewhere that they were going to no longer have the services of a Ten Hag because the only thing they have achieved are many failures I also lost that bet, because my bet was that Liverpool would win at least 3-0, but this time I was wrong, at the beginning everything was fine, I don't know what happened to Klopp in his good analysis and strategy, but they are things that fail, it is really not luck, they are events that we cannot control, for me Liverpool is a candidate team to win the PL, in fact for me it is the winner, we have to Wait , well I think that many lost the bets That day.

[bitterguy28]

We may not have to compare all these together because some of them are not the same with each other, gambling most especially is a different form of getting entertained with fun and others are more about making an investment or business while the brokers are the intermediaries between brokers,

Gambling is the only thing on those options that we can gain enjoyment while trying ourluck
because in stocks and brokerage you must b completely serious in all aspects before gaining that
amount.

What you've just said in this simple way is a pure fact and one of the ways people should know that gambling and trading are not just the same thing. When you are a trader, you are in for the serious business unless you are not serious yourself.

actually i Think you missed my point because what you are saying here is almost
the same as what i have said that in stocks and brokerage we need to be serious and
also same as trading(though I missed posting the word TRADING LOL)

I've known how to trade for a while and survived many years through trading. This can't be easy with gambling no matter what, and I know that people cannot say that they are trading for the fun, that's heretic, but such is being done in gambling to further prove the difference in them. When you are trading too, you should know that you are actually buying and selling depending on what you are trading, it could be currencies, energies, commodities etc. When you buy them, you own them until you sell them, but when you gamble, you own nothing but just commit your money to the risk and be at the mercy of luck at that time, which makes them different in almost all ramifications but for the "risk" involvement in the two of them which is making people think that they are the same thing, but are certain not. As an experienced trader and a gambler, naturally, I say know the feelings of the two, I can't even think of them the same. I know the models in them and how their activity, management and future hopes and pride feel about them. They are not just the same thing.

gambling is not as easy as well mate, but in gambling it is our willingness that made
us loser not like in trading and those other aspect that we need focus and dig deeper before
putting our money.

[mak013]

Of course there is some luck. Without it i could got win rate 100%. But it is sports and no one can guarantee you that one team win. I think that no one could supposed that Bayern could lost today, or that Man United could got 2 goals against them after 10 added minutes. But my win rate allows me to get profit.
PS. Today was nice day, i`ve catched 2 matches. Čukarički U19 with odd 3.2 and Chiangmai United with the odd 9(catched when the score was 0-1). I`ve lost 3 bets, but the result really nice.

Well, the truth is I thought that Liverpool was going to overtake a MU where they are basically very bad, in fact I read somewhere that they were going to no longer have the services of a Ten Hag because the only thing they have achieved are many failures I also lost that bet, because my bet was that Liverpool would win at least 3-0, but this time I was wrong, at the beginning everything was fine, I don't know what happened to Klopp in his good analysis and strategy, but they are things that fail, it is really not luck, they are events that we cannot control, for me Liverpool is a candidate team to win the PL, in fact for me it is the winner, we have to Wait , well I think that many lost the bets That day.

Yep. But i marked these matches to show what is "luck". No one waited such results in such game i think. But for me it doesn`t matter will i win 8/10 or 6/10 - anyway i`ll get a profit. But it is difficult. I didn`t bet for 2 days - there are no interesting odd for me, this week i still waiting for the match.

[LUCKMCFLY]

If newbies have the mindset of working out a process for themselves, I'm sure they will be better of than playing randomly and learning the hard way.

This is one of the things that one sometimes does as a beginner, developing certain techniques and certain tricks to win in a casino, what we don't know is that this is sometimes just luck, so our search for better things like winning for sure , that doesn't exist, the most likely thing is that if you don't want to lose then just play, that's what Guarantees us not losing money , the Challenge is still a risk, the things that have to be done for us to Emerge carry a great risk and this can produce investment, do many things like being aware of each strategy, and being clear about that is what makes us different, but every novice has many Insecurities that they do not yet know, self-control, risk management, money to lose They don't know much about all those things, and that's why they lose money.

Gambling will always depend on luck no matter what strategy we use. Although different people use gambling for different purposes, gambling behaves the same for everyone  However, if you enjoy gambling in a relaxed manner without getting excited, besides getting a lot of fun from gambling, you can suddenly win something big from here. so gambling should be used only casually and not seriously. then gambling will not bring any serious harm to anyone.

The truth is that to help beginners I have seen in many threads some tips that are very good, it would be interesting if the forum did something in addition to the rules, some tips for players, those tips that have to do with some of the things What some users say here In the forum, I have come Across people who are very expert at playing and those people teach a lot with what they publish, so when we look for a way to generate more things for the most novices, I think there could be a wide range of advice, personally, according to my experience, I would tell a novice that the main thing is to take care of your money and that when you are going to play the most important thing is to put money that you are totally willing to lose, but money that does not affect your life , I believe that with this many problems will be avoided in the future if this condition is always Followed.

[Bravut]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

Brokers make money through commissions and spreads, no doubt but it will also interest you to know that, brokers now have zero spread account, also commissions are normally taken based on over night trade, its wrong for you to think this way as a trader about  brokers, we know they are manipulative in some way, so is casino.

They provide you with the service you need, you trade out of choice and decision with a broker, they are the medium between you and the market. You're also making money off them, so it's a draw game for me you profit they also profit.

Financially brokers don't benefit from your loss or profits, it just you losing probably because you don't understand the logic of the market. 

[EarnOnVictor]

We may not have to compare all these together because some of them are not the same with each other, gambling most especially is a different form of getting entertained with fun and others are more about making an investment or business while the brokers are the intermediaries between brokers,

Gambling is the only thing on those options that we can gain enjoyment while trying ourluck
because in stocks and brokerage you must b completely serious in all aspects before gaining that
amount.

What you've just said in this simple way is a pure fact and one of the ways people should know that gambling and trading are not just the same thing. When you are a trader, you are in for the serious business unless you are not serious yourself.

actually i Think you missed my point because what you are saying here is almost
the same as what i have said that in stocks and brokerage we need to be serious and
also same as trading(though I missed posting the word TRADING LOL)

I missed your point? Honestly, it still surprises me because I never replied to any of your posts. But mind you, being serious doesn't mean success, it is all about how you take it. Some traders may be serious about the wrong approach, so let it capture the whole aspect of trading that involves you and it, which includes the learning and training, planning and its coordination, the whole trading system and its actualization which will also entail discipline. These are serious issues if one wants success in trading, and the more you take trading as a business, the more you get the best out of it. It is not such that one can mistaken for the way of gambling, no, the moment you do that, it means that you might not be ready for it, or not just serious about yourself in relation to it. So it is not a mere talking about the seriousness, but also taking trading as what it truly is.

[LUCKMCFLY]

Of course there is some luck. Without it i could got win rate 100%. But it is sports and no one can guarantee you that one team win. I think that no one could supposed that Bayern could lost today, or that Man United could got 2 goals against them after 10 added minutes. But my win rate allows me to get profit.
PS. Today was nice day, i`ve catched 2 matches. Čukarički U19 with odd 3.2 and Chiangmai United with the odd 9(catched when the score was 0-1). I`ve lost 3 bets, but the result really nice.

Well, the truth is I thought that Liverpool was going to overtake a MU where they are basically very bad, in fact I read somewhere that they were going to no longer have the services of a Ten Hag because the only thing they have achieved are many failures I also lost that bet, because my bet was that Liverpool would win at least 3-0, but this time I was wrong, at the beginning everything was fine, I don't know what happened to Klopp in his good analysis and strategy, but they are things that fail, it is really not luck, they are events that we cannot control, for me Liverpool is a candidate team to win the PL, in fact for me it is the winner, we have to Wait , well I think that many lost the bets That day.

Yep. But i marked these matches to show what is "luck". No one waited such results in such game i think. But for me it doesn`t matter will i win 8/10 or 6/10 - anyway i`ll get a profit. But it is difficult. I didn`t bet for 2 days - there are no interesting odd for me, this week i still waiting for the match.

Wow, good luck, for City and now for Madrid, I will bet on Madrid, I see that they have a better lineup, apart from that I see that things are very different and I think it could be favorable for Madrid to play at home, at the Bernabeu, and it may be that things can happen in your favor, regardless of your bet, I wish you the best brother.

Many are thinking that City can do harm, so this can give as a reference that many Barcelona fans support City without thinking, this time I don't think there will be a draw, whether Madrid wins or loses, but I see that there is. many expectations, now City is going all out, it is impressive how the expectations are for this match in Spain, in fact I have been thinking about this match for a long time.

And in an impressive way they were tied, I hope you have won.

[EarnOnVictor]

I never said that it is easy. It is really difficult to get nice profit from gambling. And it is like a job. You mustn`t have emotions, you must wake up several times per night, you must be ready to bet every moment of your life. Several times i went to buy bread with a notebook. And only in such a way you can become successful.
I`m good specialist, so my salary is high enough, that`s why i made such choice. But if someone don`t get big money from the job, he can try to get it from gambling. The main problem is that the main part of gamblers think that it is easy money - look at the match and win. No! It doesn`t works so. It is the way to lose all your money and think that you isn`t lucky enough.

I quite understand you, but what I still do not get is how gambling is like a job as I boldened above in your reply. "Emotion" aside, I would like you to elaborate on that because I view them differently, as gambling is a mere activity of betting that should be for the extra daily activity either for the fun or for the money. And even if gambling should be engaged for the money, it should still be for the passive income and not for the main income, this is to avoid financial issues. Relying on gambling alone is even more dangerous, which is a strong call for emotion and will in turn ruin the gambler.

But for you to call it something synonymous with a job and make us believe that if your main job is not paying so high, you would have opted for gambling is what I still do not understand, and perhaps, will not agree to that as well. Gambling is not easy my friend, it is not what I will ever agree to for anyone to do and believe it will feed himself, the family members and the dependents easily. This will only cut the expectation of the person short and cause desperation, and this will lead to frustration over time and also grow to depression if care is not taken. It is easier to say than practice, and I hope you will not try this ever.

By the way, which aspect of gambling are you playing that gives you the high winning rates that encourage you this much?

It is sport betting. Low leagues mostly, mostly live. You don`t watch the match, you don`t cares the result, you just analyze matches and searching nice odds. Sometimes if you don`t sure - look statistics or translation to understand how they plays. You calculate your bets, profits and loses. Every week you calculate the result and decide to increase or decrease bet. All bets are the same - the same sums for every match. Every month you calculate your money and decide what sum to withdraw. Permanently search new bookies, compare odds to get the best result, search matches.

I must have skipped this reply of yours, I was expecting it. Oh, nice, sports betting is the best option in gambling as far as I know and it is such that the house does not have any advantage over it. If you predict well, you earn well, and if you can take higher risks, you earn more. One thing that is best about this is that no sportsbook can change the result of any game, which makes it fair in all ramifications. We should only try to be a better predictor, which is the only way that will increase our chance of winning. Luck is also important here, but first, sports betting is the betting aspect I know that luck is not so required but how best the gambler is fully informed and uses what he knows to bet right.

Notwithstanding, it is not as easy and convenient as you made it look. I am also a good forecasted when it comes to sports betting and I have earned a decent income in it. I am good to the extent that I could risk it for a living but I will never do that because it may cause unforeseen financial issues through the desperation that can result from total dependence. It is better we are betting and also working, after all, if we are good, it will only be a passive income for us. We should never forget that sports betting has its own challenges too and we should not neglect that for any reason. And when the challenge comes, you will ever wish you never quit the job for it.

[mak013]

Yep. But i marked these matches to show what is "luck". No one waited such results in such game i think. But for me it doesn`t matter will i win 8/10 or 6/10 - anyway i`ll get a profit. But it is difficult. I didn`t bet for 2 days - there are no interesting odd for me, this week i still waiting for the match.

Wow, good luck, for City and now for Madrid, I will bet on Madrid, I see that they have a better lineup, apart from that I see that things are very different and I think it could be favorable for Madrid to play at home, at the Bernabeu, and it may be that things can happen in your favor, regardless of your bet, I wish you the best brother.

Many are thinking that City can do harm, so this can give as a reference that many Barcelona fans support City without thinking, this time I don't think there will be a draw, whether Madrid wins or loses, but I see that there is. many expectations, now City is going all out, it is impressive how the expectations are for this match in Spain, in fact I have been thinking about this match for a long time.

And in an impressive way they were tied, I hope you have won.

I don`t bet such matches. The bookie knows that it will be lots of bets and analyze it attentively, so i can`t get interesting odd. Only if it will be some luck.
PS. I`m MU fan, so i with Madrid

It is sport betting. Low leagues mostly, mostly live. You don`t watch the match, you don`t cares the result, you just analyze matches and searching nice odds. Sometimes if you don`t sure - look statistics or translation to understand how they plays. You calculate your bets, profits and loses. Every week you calculate the result and decide to increase or decrease bet. All bets are the same - the same sums for every match. Every month you calculate your money and decide what sum to withdraw. Permanently search new bookies, compare odds to get the best result, search matches.

I must have skipped this reply of yours, I was expecting it. Oh, nice, sports betting is the best option in gambling as far as I know and it is such that the house does not have any advantage over it. If you predict well, you earn well, and if you can take higher risks, you earn more. One thing that is best about this is that no sportsbook can change the result of any game, which makes it fair in all ramifications. We should only try to be a better predictor, which is the only way that will increase our chance of winning. Luck is also important here, but first, sports betting is the betting aspect I know that luck is not so required but how best the gambler is fully informed and uses what he knows to bet right.

Notwithstanding, it is not as easy and convenient as you made it look. I am also a good forecasted when it comes to sports betting and I have earned a decent income in it. I am good to the extent that I could risk it for a living but I will never do that because it may cause unforeseen financial issues through the desperation that can result from total dependence. It is better we are betting and also working, after all, if we are good, it will only be a passive income for us. We should never forget that sports betting has its own challenges too and we should not neglect that for any reason. And when the challenge comes, you will ever wish you never quit the job for it.

I calculate risks. And i never bet all in. The same bet for every match i like. After some time i`ve got "bank" for 1 month of loses. After i ended the experiment i withdraw a part of money and decreased the bet size. Today i withdraw some money, mostly once per month, and don`t increase "bank" or bet.

[Betwrong]

~

~
As speaking about being a business then it would really be just that normal that they would really be catering out services on different market. In return then they would really be
having those deductions or commisions simply on which they do make money or simply makes income.

Yes, and yet if we compare casino to Stoc,Forex&Crypto Broker in terms of earning money, I think they are almost the same. In any of those other options luck still pays a big role. Is it harder to earn money there than in casino? I wouldn't say so. But, in my opinion, they are at the same ball park.

[EarnOnVictor]

I calculate risks. And i never bet all in. The same bet for every match i like. After some time i`ve got "bank" for 1 month of loses. After i ended the experiment i withdraw a part of money and decreased the bet size. Today i withdraw some money, mostly once per month, and don`t increase "bank" or bet.

What I can simply infer here is that you are trying to be at the top of your games and are managing your risk as well, which could have helped you better over the years. Also, it shows that you face challenges in this kind of gambling style regardless of how best you believe you know it, which also buttressed one of my points of last week where I pointed to you that though you might be good at what you do but it can't be flawlessly easy, and that we can never erase the challenges that may arise in it (those were not the actual words).

You see, I love to read success stories about gambling, but at the same time, I like to advise people to take it easy no matter what they believe about it. Gambling is never easy and for someone to have that belief to the point of depending on it solely for living is not so convenient and I believe that you are agreeing with me on that now.

[mak013]

I calculate risks. And i never bet all in. The same bet for every match i like. After some time i`ve got "bank" for 1 month of loses. After i ended the experiment i withdraw a part of money and decreased the bet size. Today i withdraw some money, mostly once per month, and don`t increase "bank" or bet.

What I can simply infer here is that you are trying to be at the top of your games and are managing your risk as well, which could have helped you better over the years. Also, it shows that you face challenges in this kind of gambling style regardless of how best you believe you know it, which also buttressed one of my points of last week where I pointed to you that though you might be good at what you do but it can't be flawlessly easy, and that we can never erase the challenges that may arise in it (those were not the actual words).

You see, I love to read success stories about gambling, but at the same time, I like to advise people to take it easy no matter what they believe about it. Gambling is never easy and for someone to have that belief to the point of depending on it solely for living is not so convenient and I believe that you are agreeing with me on that now.

I always say that it is difficult. Like any job with high salary or business. And it is sport. If it would be 100% predictable - no one would bet it and no one would watch it. My way is not unique but it doesn`t means that it is easy to repeat. But it is normally - you can`t get big salary or be successful in any business if you don`t work as hard as possible. I`m in my profession is more than 20 years and in sport betting is about 3-4. I think that i`m good specialist and i can choose the way of income. Today the income from profession is higher, but it is possible, that i`ll improve my gambling skills and change my main income.

[delfastTions]

I calculate risks. And i never bet all in. The same bet for every match i like. After some time i`ve got "bank" for 1 month of loses. After i ended the experiment i withdraw a part of money and decreased the bet size. Today i withdraw some money, mostly once per month, and don`t increase "bank" or bet.

What I can simply infer here is that you are trying to be at the top of your games and are managing your risk as well, which could have helped you better over the years. Also, it shows that you face challenges in this kind of gambling style regardless of how best you believe you know it, which also buttressed one of my points of last week where I pointed to you that though you might be good at what you do but it can't be flawlessly easy, and that we can never erase the challenges that may arise in it (those were not the actual words).

You see, I love to read success stories about gambling, but at the same time, I like to advise people to take it easy no matter what they believe about it. Gambling is never easy and for someone to have that belief to the point of depending on it solely for living is not so convenient and I believe that you are agreeing with me on that now.

I always say that it is difficult. Like any job with high salary or business. And it is sport. If it would be 100% predictable - no one would bet it and no one would watch it. My way is not unique but it doesn`t means that it is easy to repeat. But it is normally - you can`t get big salary or be successful in any business if you don`t work as hard as possible. I`m in my profession is more than 20 years and in sport betting is about 3-4. I think that i`m good specialist and i can choose the way of income. Today the income from profession is higher, but it is possible, that i`ll improve my gambling skills and change my main income.

And in my opinion, this is precisely the optimal ratio of income received.  Almost all the money needed to pay for goods and services necessary for a normal life and must be received by a person in the process of his main work.  If there is still some income from successful bets in gambling, this is of course great and good, but it should still be considered as a pleasant bonus.  And don’t count too much on this money from winnings.

 I would also like to note that often diligent and long hours, intense and daily work does not bring such wealth that can be compared with income from a successful business or investment.  Sometimes just luck helps a person become successful and rich.  Suffice it to recall the first whales that mined the first bitcoins.  They are all millionaires if they figured out not to sell bitcoins when pizza was bought and sold for 10,000 BTC

[mak013]

I always say that it is difficult. Like any job with high salary or business. And it is sport. If it would be 100% predictable - no one would bet it and no one would watch it. My way is not unique but it doesn`t means that it is easy to repeat. But it is normally - you can`t get big salary or be successful in any business if you don`t work as hard as possible. I`m in my profession is more than 20 years and in sport betting is about 3-4. I think that i`m good specialist and i can choose the way of income. Today the income from profession is higher, but it is possible, that i`ll improve my gambling skills and change my main income.

And in my opinion, this is precisely the optimal ratio of income received.  Almost all the money needed to pay for goods and services necessary for a normal life and must be received by a person in the process of his main work.  If there is still some income from successful bets in gambling, this is of course great and good, but it should still be considered as a pleasant bonus.  And don’t count too much on this money from winnings.

 I would also like to note that often diligent and long hours, intense and daily work does not bring such wealth that can be compared with income from a successful business or investment.  Sometimes just luck helps a person become successful and rich.  Suffice it to recall the first whales that mined the first bitcoins.  They are all millionaires if they figured out not to sell bitcoins when pizza was bought and sold for 10,000 BTC

It is optimal, when you have high salary. In my country medium salary is about $400-500, my salary more than $1000, from betting i`ve got about $800(possible i can get more, and even more than the salary). If someone good in maths and search information but have $500 salary - sport betting can seriously improve his income. I even can say that you needn`t be football(or other sports) specialist for it. But i don`t recommend anybody to hire and wait the big profit instantly. It is serious decision and you need to be sure that you have enough money for 1-2 weeks of loses at least. And you have responsibility for your family. It isn`t just make a bet and won $1.000.000.
About BTC is the same - today we know how silly it was to buy pizza. But that moment it was a nice decision. No one knows what can give you profit several years later. For me it is too risky Yes, it is funny enough. For me sport betting can be a main income but buying BTC in 2010, or some other investment is too risky

[EarnOnVictor]

I calculate risks. And i never bet all in. The same bet for every match i like. After some time i`ve got "bank" for 1 month of loses. After i ended the experiment i withdraw a part of money and decreased the bet size. Today i withdraw some money, mostly once per month, and don`t increase "bank" or bet.

What I can simply infer here is that you are trying to be at the top of your games and are managing your risk as well, which could have helped you better over the years. Also, it shows that you face challenges in this kind of gambling style regardless of how best you believe you know it, which also buttressed one of my points of last week where I pointed to you that though you might be good at what you do but it can't be flawlessly easy, and that we can never erase the challenges that may arise in it (those were not the actual words).

You see, I love to read success stories about gambling, but at the same time, I like to advise people to take it easy no matter what they believe about it. Gambling is never easy and for someone to have that belief to the point of depending on it solely for living is not so convenient and I believe that you are agreeing with me on that now.

I always say that it is difficult. Like any job with high salary or business. And it is sport. If it would be 100% predictable - no one would bet it and no one would watch it. My way is not unique but it doesn`t means that it is easy to repeat. But it is normally - you can`t get big salary or be successful in any business if you don`t work as hard as possible. I`m in my profession is more than 20 years and in sport betting is about 3-4. I think that i`m good specialist and i can choose the way of income. Today the income from profession is higher, but it is possible, that i`ll improve my gambling skills and change my main income.

And in my opinion, this is precisely the optimal ratio of income received.  Almost all the money needed to pay for goods and services necessary for a normal life and must be received by a person in the process of his main work.  If there is still some income from successful bets in gambling, this is of course great and good, but it should still be considered as a pleasant bonus.  And don’t count too much on this money from winnings.

 I would also like to note that often diligent and long hours, intense and daily work does not bring such wealth that can be compared with income from a successful business or investment.  Sometimes just luck helps a person become successful and rich.  Suffice it to recall the first whales that mined the first bitcoins.  They are all millionaires if they figured out not to sell bitcoins when pizza was bought and sold for 10,000 BTC

Any way money could be made should be effectively explored. After all, it is about the money and not the process or channel at which the money was made, and so far it is legal, I believe it is worth it. What I can relate to what you narrated above is smart work, it is not necessary you do that hard work before you get the money and have it in abundance. In this computer age, those who are smart with their thinking and doing are engaging with the least work and making more money. Nevertheless, we should think of the consistency of the money before we can relax and be comfortable with it. If the money is made in a risky way that can't be replicated to call it a sustainable money that one can depend on, it is too dangerous.

Fine, one can hit it big in investments or win the big Jackpot, however, if such cannot do this over and over again to sustain his living, then it is to what reasonable end? I have enough people who hit it big one way or the other, but they later went broke, and even the properties acquired were later sold because they relied on what they should not have relied on, something that can bring them consistency. For this, whether it is the daily job, business/investments or even gambling (I don't support this as a mainstay), one should ensure that it is such that will feed, clothe and make them comfortable, which includes that of all their dependents.

[delfastTions]

I always say that it is difficult. Like any job with high salary or business. And it is sport. If it would be 100% predictable - no one would bet it and no one would watch it. My way is not unique but it doesn`t means that it is easy to repeat. But it is normally - you can`t get big salary or be successful in any business if you don`t work as hard as possible. I`m in my profession is more than 20 years and in sport betting is about 3-4. I think that i`m good specialist and i can choose the way of income. Today the income from profession is higher, but it is possible, that i`ll improve my gambling skills and change my main income.

And in my opinion, this is precisely the optimal ratio of income received.  Almost all the money needed to pay for goods and services necessary for a normal life and must be received by a person in the process of his main work.  If there is still some income from successful bets in gambling, this is of course great and good, but it should still be considered as a pleasant bonus.  And don’t count too much on this money from winnings.

 I would also like to note that often diligent and long hours, intense and daily work does not bring such wealth that can be compared with income from a successful business or investment.  Sometimes just luck helps a person become successful and rich.  Suffice it to recall the first whales that mined the first bitcoins.  They are all millionaires if they figured out not to sell bitcoins when pizza was bought and sold for 10,000 BTC

It is optimal, when you have high salary. In my country medium salary is about $400-500, my salary more than $1000, from betting i`ve got about $800(possible i can get more, and even more than the salary). If someone good in maths and search information but have $500 salary - sport betting can seriously improve his income. I even can say that you needn`t be football(or other sports) specialist for it. But i don`t recommend anybody to hire and wait the big profit instantly. It is serious decision and you need to be sure that you have enough money for 1-2 weeks of loses at least. And you have responsibility for your family. It isn`t just make a bet and won $1.000.000.
About BTC is the same - today we know how silly it was to buy pizza. But that moment it was a nice decision. No one knows what can give you profit several years later. For me it is too risky Yes, it is funny enough. For me sport betting can be a main income but buying BTC in 2010, or some other investment is too risky

This is all due to the fact that in different countries around the world, wages for approximately the same work differ too much.  Of course, if you count wages in dollars.  And the cost of accommodation and food also corresponds to local wages.  But if you participate in gambling at the world level, then the scale of bets and winnings is probably based on the level of wages in the USA and the European Union. 
Therefore, often players from some countries can earn income from sports betting even much more than their basic salary.  This is true, you can't argue with that.  This has made it possible to earn money based on modern information and financial technologies at the level of cross-border payments. 
Cryptocurrency payments have greatly helped the world in this matter.

[mak013]

It is optimal, when you have high salary. In my country medium salary is about $400-500, my salary more than $1000, from betting i`ve got about $800(possible i can get more, and even more than the salary). If someone good in maths and search information but have $500 salary - sport betting can seriously improve his income. I even can say that you needn`t be football(or other sports) specialist for it. But i don`t recommend anybody to hire and wait the big profit instantly. It is serious decision and you need to be sure that you have enough money for 1-2 weeks of loses at least. And you have responsibility for your family. It isn`t just make a bet and won $1.000.000.
About BTC is the same - today we know how silly it was to buy pizza. But that moment it was a nice decision. No one knows what can give you profit several years later. For me it is too risky Yes, it is funny enough. For me sport betting can be a main income but buying BTC in 2010, or some other investment is too risky

This is all due to the fact that in different countries around the world, wages for approximately the same work differ too much.  Of course, if you count wages in dollars.  And the cost of accommodation and food also corresponds to local wages.  But if you participate in gambling at the world level, then the scale of bets and winnings is probably based on the level of wages in the USA and the European Union. 
Therefore, often players from some countries can earn income from sports betting even much more than their basic salary.  This is true, you can't argue with that.  This has made it possible to earn money based on modern information and financial technologies at the level of cross-border payments. 
Cryptocurrency payments have greatly helped the world in this matter.

It is so. But you have to remember that your possible profit depends on your bets. In US it is not a big sum $800, but medium salary is much higher that $500.
It is interesting moment - when i talk with American - he laughs when hear about my profit. But i laugh when hear about his expenses.
PS. Even if we use cryptocurrencies - we mostly calculate our money in USD, it is just more simple. We can understand how much our cryptocurrencies cost, what we can buy for it, etc.

[dezoel]

It is optimal, when you have high salary. In my country medium salary is about $400-500, my salary more than $1000, from betting i`ve got about $800(possible i can get more, and even more than the salary). If someone good in maths and search information but have $500 salary - sport betting can seriously improve his income. I even can say that you needn`t be football(or other sports) specialist for it. But i don`t recommend anybody to hire and wait the big profit instantly. It is serious decision and you need to be sure that you have enough money for 1-2 weeks of loses at least. And you have responsibility for your family. It isn`t just make a bet and won $1.000.000.
About BTC is the same - today we know how silly it was to buy pizza. But that moment it was a nice decision. No one knows what can give you profit several years later. For me it is too risky Yes, it is funny enough. For me sport betting can be a main income but buying BTC in 2010, or some other investment is too risky

This is all due to the fact that in different countries around the world, wages for approximately the same work differ too much.  Of course, if you count wages in dollars.  And the cost of accommodation and food also corresponds to local wages.  But if you participate in gambling at the world level, then the scale of bets and winnings is probably based on the level of wages in the USA and the European Union. 
Therefore, often players from some countries can earn income from sports betting even much more than their basic salary.  This is true, you can't argue with that.  This has made it possible to earn money based on modern information and financial technologies at the level of cross-border payments. 
Cryptocurrency payments have greatly helped the world in this matter.

You are right, but then don't you think that those people who are from smaller and less developed countries make their bets based on the dollar rate against their local currency? This means that if a person from the US bets $20 on a game because it isn't a lot of money for them, a person from a third-world country would bet $5 on the same game. After all, when they convert those $5 into their local currency, they become a lot of money for them.

So even though it's true that most of us make our bets or trades or everything we do online in US dollars, we always make sure that we are betting or using money that we can afford to use and don't use it just like a US-native who can afford way more than we can do.

[LUCKMCFLY]

It is optimal, when you have high salary. In my country medium salary is about $400-500, my salary more than $1000, from betting i`ve got about $800(possible i can get more, and even more than the salary). If someone good in maths and search information but have $500 salary - sport betting can seriously improve his income. I even can say that you needn`t be football(or other sports) specialist for it. But i don`t recommend anybody to hire and wait the big profit instantly. It is serious decision and you need to be sure that you have enough money for 1-2 weeks of loses at least. And you have responsibility for your family. It isn`t just make a bet and won $1.000.000.
About BTC is the same - today we know how silly it was to buy pizza. But that moment it was a nice decision. No one knows what can give you profit several years later. For me it is too risky Yes, it is funny enough. For me sport betting can be a main income but buying BTC in 2010, or some other investment is too risky

This is all due to the fact that in different countries around the world, wages for approximately the same work differ too much.  Of course, if you count wages in dollars.  And the cost of accommodation and food also corresponds to local wages.  But if you participate in gambling at the world level, then the scale of bets and winnings is probably based on the level of wages in the USA and the European Union. 
Therefore, often players from some countries can earn income from sports betting even much more than their basic salary.  This is true, you can't argue with that.  This has made it possible to earn money based on modern information and financial technologies at the level of cross-border payments. 
Cryptocurrency payments have greatly helped the world in this matter.

You are right, but then don't you think that those people who are from smaller and less developed countries make their bets based on the dollar rate against their local currency? This means that if a person from the US bets $20 on a game because it isn't a lot of money for them, a person from a third-world country would bet $5 on the same game. After all, when they convert those $5 into their local currency, they become a lot of money for them.

So even though it's true that most of us make our bets or trades or everything we do online in US dollars, we always make sure that we are betting or using money that we can afford to use and don't use it just like a US-native who can afford way more than we can do.

You are right in this, basically when you bet in dollars and use the local currency it turns out good, but if the country has rampant inflation you will not see much profit, if we talk about countries like South America where few countries have and enjoy a good economy like, for example For example, the Chilean economy, and the Basilera, which for me are the only two countries that have a good economy or it is outstanding, because something can work that can lead to the local currency, but in countries with hyperinflation they earn a lot of dollars, it is not much. , because those countries regularly add inflation to the foreign currency, making everything more difficult for that country in terms of money, so the situations in the casinos to play with 5 dollars are good but winning constantly so that you see some profit.

[mak013]

You are right in this, basically when you bet in dollars and use the local currency it turns out good, but if the country has rampant inflation you will not see much profit, if we talk about countries like South America where few countries have and enjoy a good economy like, for example For example, the Chilean economy, and the Basilera, which for me are the only two countries that have a good economy or it is outstanding, because something can work that can lead to the local currency, but in countries with hyperinflation they earn a lot of dollars, it is not much. , because those countries regularly add inflation to the foreign currency, making everything more difficult for that country in terms of money, so the situations in the casinos to play with 5 dollars are good but winning constantly so that you see some profit.

We can use USD if we want to avoid inflation. As i know lots of people in countries with huge inflation exchange usd to their local currency when they need it. In such way cryptocurrencies give us interesting opportunities. We can use USDT if we are afraid of dump, or we can use some cryptocurrencies like BTC and even get some profit while hold it if it pumps.
And it is one of the reasons why we use USD or cryptocurrencies in gambling.

[dansus021]

Well that is an interesting point of view, and there are definitely similarities between the business models of brokers and casinos. Brokers make money from spreads, commissions, and other fees related to trading, regardless of whether their clients win or lose. This can give the impression that brokers always profit, just like how the house always has an advantage in a casino. I mean you are very true at this point  They always made a profit whether you win or lose.

and if you ask Who's Really Playing You in the Money Game based on your statement and my opinion broker Casino vs. Stoc,Forex&Crypto is playing all of us but the things is we do all of it with our consent so no one is really playing anyone haha

[shield132]

You are right in this, basically when you bet in dollars and use the local currency it turns out good, but if the country has rampant inflation you will not see much profit

If you live in countries like Venezuela or Turkey where tomorrow you wake up and your currency is inflated by 20% while the odds of your bet was 1.22, then you won't see much profit but that happens once in a while and in only some countries. If you live in such country, you probably don't have money to gamble or if you have, outcome doesn't matter too much.

We can use USD if we want to avoid inflation. As i know lots of people in countries with huge inflation exchange usd to their local currency when they need it. In such way cryptocurrencies give us interesting opportunities. We can use USDT if we are afraid of dump, or we can use some cryptocurrencies like BTC and even get some profit while hold it if it pumps.
And it is one of the reasons why we use USD or cryptocurrencies in gambling.

USD inflates too, check the chart of how USD's purchasing value decreases over time. The problem is that USD is usually stronger than local currency in poor countries and since USD's value goes up against the local currency, local people think that USD doesn't inflate and is the best asset.

[Hamphser]

Well that is an interesting point of view, and there are definitely similarities between the business models of brokers and casinos. Brokers make money from spreads, commissions, and other fees related to trading, regardless of whether their clients win or lose. This can give the impression that brokers always profit, just like how the house always has an advantage in a casino. I mean you are very true at this point  They always made a profit whether you win or lose.

and if you ask Who's Really Playing You in the Money Game based on your statement and my opinion broker Casino vs. Stoc,Forex&Crypto is playing all of us but the things is we do all of it with our consent so no one is really playing anyone haha

Why would really be needing to think up that critically or do really want to seek answers into those questions on which we can really actually be able to see and really that be able to realize something because it is really such a basic or common stuff? Of course these companies or investors are really that making money since they are doing business on which it would really be just that normal that when it comes to operation
 then they would really be always at the advantage on which us people who do make use of these platforms are the ones who do bring out that profit or revenue via commissions or house edge on casinos.
As for users the we wont really be having no option but to deal or bare with it because this is how business works on which they would really be giving out service but of course
it comes with a cost.

[mak013]

We can use USD if we want to avoid inflation. As i know lots of people in countries with huge inflation exchange usd to their local currency when they need it. In such way cryptocurrencies give us interesting opportunities. We can use USDT if we are afraid of dump, or we can use some cryptocurrencies like BTC and even get some profit while hold it if it pumps.
And it is one of the reasons why we use USD or cryptocurrencies in gambling.

USD inflates too, check the chart of how USD's purchasing value decreases over time. The problem is that USD is usually stronger than local currency in poor countries and since USD's value goes up against the local currency, local people think that USD doesn't inflate and is the best asset.

I know about it. And we can talk about bank deposits, stocks and bonds, but it is far enough from gambling. And USD is the main currency and most stable i think. If you want to have an opportunity to get money fast and deposit it - the best way is your country currency, cryptocurrency or USD.

[iv4n]

We can use USD if we want to avoid inflation. As i know lots of people in countries with huge inflation exchange usd to their local currency when they need it. In such way cryptocurrencies give us interesting opportunities. We can use USDT if we are afraid of dump, or we can use some cryptocurrencies like BTC and even get some profit while hold it if it pumps.
And it is one of the reasons why we use USD or cryptocurrencies in gambling.

USD inflates too, check the chart of how USD's purchasing value decreases over time. The problem is that USD is usually stronger than local currency in poor countries and since USD's value goes up against the local currency, local people think that USD doesn't inflate and is the best asset.

I know about it. And we can talk about bank deposits, stocks and bonds, but it is far enough from gambling. And USD is the main currency and most stable i think. If you want to have an opportunity to get money fast and deposit it - the best way is your country currency, cryptocurrency or USD.

Let's jump into it and see what currencies have turned out to be the most stable in 2024.

#1 – Swiss Franc. Currency code – CHF. ...
#2 – Japanese Yen. Currency code – JPY. ...
#3 – Norwegian Krone. Currency code – NOK. ...
#4 – Swedish Krona. ...
#5 – European Euro. ...
#6 – Singapore Dollar. ...
#7 – United States Dollar. ...

USD is not the most stable currency, but for sure it's the most popular currency. It's not hard to check, just google it. It's not like it's a problem as Shield132 said, it's more like a delusion, people in poor countries (and I am in one of them) have a wrong perspective caused by many factors. Anyway, he is also right, you can't avoid inflation by using any fiat currently... for that, you need to find some other more valuable assets. And it's not hard to google them too, you can find some interesting stuff, but the point is about "can you afford them"?

[delfastTions]

It is optimal, when you have high salary. In my country medium salary is about $400-500, my salary more than $1000, from betting i`ve got about $800(possible i can get more, and even more than the salary). If someone good in maths and search information but have $500 salary - sport betting can seriously improve his income. I even can say that you needn`t be football(or other sports) specialist for it. But i don`t recommend anybody to hire and wait the big profit instantly. It is serious decision and you need to be sure that you have enough money for 1-2 weeks of loses at least. And you have responsibility for your family. It isn`t just make a bet and won $1.000.000.
About BTC is the same - today we know how silly it was to buy pizza. But that moment it was a nice decision. No one knows what can give you profit several years later. For me it is too risky Yes, it is funny enough. For me sport betting can be a main income but buying BTC in 2010, or some other investment is too risky

This is all due to the fact that in different countries around the world, wages for approximately the same work differ too much.  Of course, if you count wages in dollars.  And the cost of accommodation and food also corresponds to local wages.  But if you participate in gambling at the world level, then the scale of bets and winnings is probably based on the level of wages in the USA and the European Union. 
Therefore, often players from some countries can earn income from sports betting even much more than their basic salary.  This is true, you can't argue with that.  This has made it possible to earn money based on modern information and financial technologies at the level of cross-border payments. 
Cryptocurrency payments have greatly helped the world in this matter.

You are right, but then don't you think that those people who are from smaller and less developed countries make their bets based on the dollar rate against their local currency? This means that if a person from the US bets $20 on a game because it isn't a lot of money for them, a person from a third-world country would bet $5 on the same game. After all, when they convert those $5 into their local currency, they become a lot of money for them.

So even though it's true that most of us make our bets or trades or everything we do online in US dollars, we always make sure that we are betting or using money that we can afford to use and don't use it just like a US-native who can afford way more than we can do.

Yeah, it's true, if you use US dollars in the game, and then convert them into local currencies, you can actually earn quite a lot in money that circulates as a legal currency in that country.  Thus, what I talked about about different levels of wages and costs of normal life in different countries begins to matter only if we are talking about cross-border payments between countries with very different general living standards of the population of these countries.  But there are still relatively few such payments in the total number of payments in local currencies.  This is really worth considering when gambling, even using the dollar. 
You are right that this factor does not have a strong influence on the overall gambling situation.

[Fivestar4everMVP]

*Snip

If you live in countries like Venezuela or Turkey where tomorrow you wake up and your currency is inflated by 20% while the odds of your bet was 1.22, then you won't see much profit but that happens once in a while and in only some countries. If you live in such country, you probably don't have money to gamble or if you have, outcome doesn't matter too much.

We can use USD if we want to avoid inflation. As i know lots of people in countries with huge inflation exchange usd to their local currency when they need it. In such way cryptocurrencies give us interesting opportunities. We can use USDT if we are afraid of dump, or we can use some cryptocurrencies like BTC and even get some profit while hold it if it pumps.
And it is one of the reasons why we use USD or cryptocurrencies in gambling.

USD inflates too, check the chart of how USD's purchasing value decreases over time. The problem is that USD is usually stronger than local currency in poor countries and since USD's value goes up against the local currency, local people think that USD doesn't inflate and is the best asset.

Do not forget that USD too is a local currency, but mostly to the Americans, the only reason why USD seems like it's dominating over other local currencies in the world is because USA is the world power, that is, it is the number country in the whole world in terms of economic development and power, and as such, their currency, which is the USD, is adopted and accepted to both local in international trades by every other countries in the world, this adoption is what has given the USD; power over other local currencies from the different counties of the world.

If every country in the world were to dump USD totally, leaving it's usage to the Americans alone, we all will discover that USD is just as normal as any of our local currencies.
And also, you are right about USD losing purchasing power, one thing we must understand is that, every fiat currencies are designed to function the same way, and as such, every fiat currency loses purchasing power over time, regardless of how economically powerfull a country is.

[ZippyPixL]

You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk. It’s like having their cake and eating it too, but in secret. We’re all out here rolling the dice, while brokers are the house, cashing in risk-free. What’s your take? Are brokers just silently stacking the deck, snagging a surefire win with every trade we make?

It's true that brokers have structured their business so they profit from transactions regardless of the market's ups and downs.
While it might seem like they are stacking the deck, it's also worth noting that their services provide us the platform and opportunity to trade and invest. However, I do agree that as traders, we need to be aware of the costs and ensure we're making informed decisions to manage our risks effectively.

[mak013]

We can use USD if we want to avoid inflation. As i know lots of people in countries with huge inflation exchange usd to their local currency when they need it. In such way cryptocurrencies give us interesting opportunities. We can use USDT if we are afraid of dump, or we can use some cryptocurrencies like BTC and even get some profit while hold it if it pumps.
And it is one of the reasons why we use USD or cryptocurrencies in gambling.

USD inflates too, check the chart of how USD's purchasing value decreases over time. The problem is that USD is usually stronger than local currency in poor countries and since USD's value goes up against the local currency, local people think that USD doesn't inflate and is the best asset.

I know about it. And we can talk about bank deposits, stocks and bonds, but it is far enough from gambling. And USD is the main currency and most stable i think. If you want to have an opportunity to get money fast and deposit it - the best way is your country currency, cryptocurrency or USD.

Let's jump into it and see what currencies have turned out to be the most stable in 2024.

#1 – Swiss Franc. Currency code – CHF. ...
#2 – Japanese Yen. Currency code – JPY. ...
#3 – Norwegian Krone. Currency code – NOK. ...
#4 – Swedish Krona. ...
#5 – European Euro. ...
#6 – Singapore Dollar. ...
#7 – United States Dollar. ...

USD is not the most stable currency, but for sure it's the most popular currency. It's not hard to check, just google it. It's not like it's a problem as Shield132 said, it's more like a delusion, people in poor countries (and I am in one of them) have a wrong perspective caused by many factors. Anyway, he is also right, you can't avoid inflation by using any fiat currently... for that, you need to find some other more valuable assets. And it's not hard to google them too, you can find some interesting stuff, but the point is about "can you afford them"?

I don`t need to check. And the same time i`m sure that with USD i can play in any casino, but i can`t say it about Swedish Krona for example. And i think that in any country it would be easier to change USD than any other currency you names, expect Euro. USD is a comfortable opportunity to decrease inflation loses.

[fikrett]

It is optimal, when you have high salary. In my country medium salary is about $400-500, my salary more than $1000, from betting i`ve got about $800(possible i can get more, and even more than the salary). If someone good in maths and search information but have $500 salary - sport betting can seriously improve his income. I even can say that you needn`t be football(or other sports) specialist for it. But i don`t recommend anybody to hire and wait the big profit instantly. It is serious decision and you need to be sure that you have enough money for 1-2 weeks of loses at least. And you have responsibility for your family. It isn`t just make a bet and won $1.000.000.
About BTC is the same - today we know how silly it was to buy pizza. But that moment it was a nice decision. No one knows what can give you profit several years later. For me it is too risky Yes, it is funny enough. For me sport betting can be a main income but buying BTC in 2010, or some other investment is too risky

This is all due to the fact that in different countries around the world, wages for approximately the same work differ too much.  Of course, if you count wages in dollars.  And the cost of accommodation and food also corresponds to local wages.  But if you participate in gambling at the world level, then the scale of bets and winnings is probably based on the level of wages in the USA and the European Union. 
Therefore, often players from some countries can earn income from sports betting even much more than their basic salary.  This is true, you can't argue with that.  This has made it possible to earn money based on modern information and financial technologies at the level of cross-border payments. 
Cryptocurrency payments have greatly helped the world in this matter.

You are right, but then don't you think that those people who are from smaller and less developed countries make their bets based on the dollar rate against their local currency? This means that if a person from the US bets $20 on a game because it isn't a lot of money for them, a person from a third-world country would bet $5 on the same game. After all, when they convert those $5 into their local currency, they become a lot of money for them.

So even though it's true that most of us make our bets or trades or everything we do online in US dollars, we always make sure that we are betting or using money that we can afford to use and don't use it just like a US-native who can afford way more than we can do.

Yeah, it's true, if you use US dollars in the game, and then convert them into local currencies, you can actually earn quite a lot in money that circulates as a legal currency in that country.  Thus, what I talked about about different levels of wages and costs of normal life in different countries begins to matter only if we are talking about cross-border payments between countries with very different general living standards of the population of these countries.  But there are still relatively few such payments in the total number of payments in local currencies.  This is really worth considering when gambling, even using the dollar. 
You are right that this factor does not have a strong influence on the overall gambling situation.

so it might be interesting to consider how international gambling behaviors might shift as more transactions occur in digital currencies, potentially leveling the playing field but also introducing new complexities.

[Dunamisx]

Well that is an interesting point of view, and there are definitely similarities between the business models of brokers and casinos. Brokers make money from spreads, commissions, and other fees related to trading, regardless of whether their clients win or lose. This can give the impression that brokers always profit, just like how the house always has an advantage in a casino. I mean you are very true at this point  They always made a profit whether you win or lose.

and if you ask Who's Really Playing You in the Money Game based on your statement and my opinion broker Casino vs. Stoc,Forex&Crypto is playing all of us but the things is we do all of it with our consent so no one is really playing anyone haha

All of them cant be playing us because we have our choice and decision to make whether to use them or not, though there are situations whereby we may not be able to do away with he influence of this same brokers, but that does not applies to the other aspects, casinos are making business through what they offers us and we enjoy their services and subscribed for it, pay to gamble with any amount of money we so desired, while stocks, crypto and brokers may not work with the same pattern of gambling.

[Hamphser]

Well that is an interesting point of view, and there are definitely similarities between the business models of brokers and casinos. Brokers make money from spreads, commissions, and other fees related to trading, regardless of whether their clients win or lose. This can give the impression that brokers always profit, just like how the house always has an advantage in a casino. I mean you are very true at this point  They always made a profit whether you win or lose.

and if you ask Who's Really Playing You in the Money Game based on your statement and my opinion broker Casino vs. Stoc,Forex&Crypto is playing all of us but the things is we do all of it with our consent so no one is really playing anyone haha

All of them cant be playing us because we have our choice and decision to make whether to use them or not, though there are situations whereby we may not be able to do away with he influence of this same brokers, but that does not applies to the other aspects, casinos are making business through what they offers us and we enjoy their services and subscribed for it, pay to gamble with any amount of money we so desired, while stocks, crypto and brokers may not work with the same pattern of gambling.

Yes, its all a matter of choice on which the thing you've said was true because if it wasnt really that something that you do consider on using them out or would really be dealing up with these things
then you wont really be having that kind of impression that they are making money with us. It is you whom do really tend to make use of their platform or whatever market you would really be dealing with.
Of course this is a business on which it would really be just that normal that they would really be making money out of those people who do make use of their service just like on what others been saying
that you are really that having the choice whether you would really be dealing with it or not. Playing in money game? This is really just that something a mindset on which a certain person could have.

[dansus021]

All of them cant be playing us because we have our choice and decision to make whether to use them or not, though there are situations whereby we may not be able to do away with he influence of this same brokers, but that does not applies to the other aspects, casinos are making business through what they offers us and we enjoy their services and subscribed for it, pay to gamble with any amount of money we so desired, while stocks, crypto and brokers may not work with the same pattern of gambling.

That's what I am talking before  It is our decision We literally know if involved in this game we can go into the mariana trench or going to the top of Mount Everest all broker just want the profit they might charge a small fee but hey they have million users after all for all the brokers they seeing this as a business. If we lose from the broker it is probably our mistake, not theirs.

stock crypto and forex actually can be made like gambling by using degen way with go all in and high leverage or just buy or sell with option 1 minute chart haha

[LUCKMCFLY]

If you live in countries like Venezuela or Turkey where tomorrow you wake up and your currency is inflated by 20% while the odds of your bet was 1.22, then you won't see much profit but that happens once in a while and in only some countries. If you live in such country, you probably don't have money to gamble or if you have, outcome doesn't matter too much.

It is very true, it is always like this, in fact in these countries you Cannot operate anything with local currency, when a peso has local currency it is to pay for services, because it is the cheapest way to pay, where large amounts come out but in reality no Thus, it is best to have a strong currency such as the dollar, the euro or the currency of any other country that is very strong compared to the local currency.

It is also very true that in countries where this type of Information exists with the local price and foreign currency such as the dollar or euro is used, they arrange the products, bet, anything to pay very high so that they win much more. Because this is something that is generated, that is, they introduce inflation in foreign currency, and in reality it is crazy.

[delfastTions]

It is optimal, when you have high salary. In my country medium salary is about $400-500, my salary more than $1000, from betting i`ve got about $800(possible i can get more, and even more than the salary). If someone good in maths and search information but have $500 salary - sport betting can seriously improve his income. I even can say that you needn`t be football(or other sports) specialist for it. But i don`t recommend anybody to hire and wait the big profit instantly. It is serious decision and you need to be sure that you have enough money for 1-2 weeks of loses at least. And you have responsibility for your family. It isn`t just make a bet and won $1.000.000.
About BTC is the same - today we know how silly it was to buy pizza. But that moment it was a nice decision. No one knows what can give you profit several years later. For me it is too risky Yes, it is funny enough. For me sport betting can be a main income but buying BTC in 2010, or some other investment is too risky

This is all due to the fact that in different countries around the world, wages for approximately the same work differ too much.  Of course, if you count wages in dollars.  And the cost of accommodation and food also corresponds to local wages.  But if you participate in gambling at the world level, then the scale of bets and winnings is probably based on the level of wages in the USA and the European Union.  
Therefore, often players from some countries can earn income from sports betting even much more than their basic salary.  This is true, you can't argue with that.  This has made it possible to earn money based on modern information and financial technologies at the level of cross-border payments.  
Cryptocurrency payments have greatly helped the world in this matter.

You are right, but then don't you think that those people who are from smaller and less developed countries make their bets based on the dollar rate against their local currency? This means that if a person from the US bets $20 on a game because it isn't a lot of money for them, a person from a third-world country would bet $5 on the same game. After all, when they convert those $5 into their local currency, they become a lot of money for them.

So even though it's true that most of us make our bets or trades or everything we do online in US dollars, we always make sure that we are betting or using money that we can afford to use and don't use it just like a US-native who can afford way more than we can do.

Yeah, it's true, if you use US dollars in the game, and then convert them into local currencies, you can actually earn quite a lot in money that circulates as a legal currency in that country.  Thus, what I talked about about different levels of wages and costs of normal life in different countries begins to matter only if we are talking about cross-border payments between countries with very different general living standards of the population of these countries.  But there are still relatively few such payments in the total number of payments in local currencies.  This is really worth considering when gambling, even using the dollar.  
You are right that this factor does not have a strong influence on the overall gambling situation.

so it might be interesting to consider how international gambling behaviors might shift as more transactions occur in digital currencies, potentially leveling the playing field but also introducing new complexities.

Yeah, the transformation of international payments is happening, that's obvious.
 Nowadays there are quite a lot of prohibitions, exceptions and sanctions.  So this is rather a forced measure and cryptocurrency cross-border payments are increasingly in demand and relevant.  And in parallel, of course, their use in the gambling industry is growing throughout the world.  In this regard, you are absolutely correct in noting that there will be some segmentation of cryptocurrency payments and the emergence of users and clients of crypto casinos everywhere in many countries around the world.  This will naturally smooth out some of the imbalances in people’s living standards in many countries.

In general, I have a positive view of such global processes of redistribution of income and capital in general.

[Fivestar4everMVP]

If you live in countries like Venezuela or Turkey where tomorrow you wake up and your currency is inflated by 20% while the odds of your bet was 1.22, then you won't see much profit but that happens once in a while and in only some countries. If you live in such country, you probably don't have money to gamble or if you have, outcome doesn't matter too much.

It is very true, it is always like this, in fact in these countries you Cannot operate anything with local currency, when a peso has local currency it is to pay for services, because it is the cheapest way to pay, where large amounts come out but in reality no Thus, it is best to have a strong currency such as the dollar, the euro or the currency of any other country that is very strong compared to the local currency.

It is also very true that in countries where this type of Information exists with the local price and foreign currency such as the dollar or euro is used, they arrange the products, bet, anything to pay very high so that they win much more. Because this is something that is generated, that is, they introduce inflation in foreign currency, and in reality it is crazy.

I agree with you, most especially, with the first paragraph of your comment, I myself living in a country that is majorly considered to be a third world country, I would say that based on my experiences overtime, it is better to earn in a currency that is stronger than our local currency, (like the dollar) than earn in our local currency, and this because just as you have said, inflation most of the time bite really hard to the extent that you discover that after you've gotten your pay from what ever means, the money is so undervalued that it almost cannot buy anything meaningful in the market.

This is why I personally prefer to do all my betting and gambling in dollars, even when I am betting on a local casino, I simply set my prefered currency to dollar rather then leave it set to my local currency, and when I open a new local casino and discover that they don't support me setting my prefered currency to dollars, I simply just ignore that casino and look for another.
This is one of the reasons why I actually don't use our local casinos too much, I prefer to gamble on international online casino like Stake and the rest, thank goodness for cryptocurrencies that have made both deposits and withdrawals from any part of the world so easy, way easier than it would have been if fiat was the only means of deposit and withdrawals from online casino..

[EarnOnVictor]

Well that is an interesting point of view, and there are definitely similarities between the business models of brokers and casinos. Brokers make money from spreads, commissions, and other fees related to trading, regardless of whether their clients win or lose. This can give the impression that brokers always profit, just like how the house always has an advantage in a casino. I mean you are very true at this point  They always made a profit whether you win or lose.

and if you ask Who's Really Playing You in the Money Game based on your statement and my opinion broker Casino vs. Stoc,Forex&Crypto is playing all of us but the things is we do all of it with our consent so no one is really playing anyone haha

All of them cant be playing us because we have our choice and decision to make whether to use them or not, though there are situations whereby we may not be able to do away with he influence of this same brokers, but that does not applies to the other aspects, casinos are making business through what they offers us and we enjoy their services and subscribed for it, pay to gamble with any amount of money we so desired, while stocks, crypto and brokers may not work with the same pattern of gambling.

Thank you for this emphatic statement, I do not see a reason for any of them to play us, and for the record, none of them is to be done by force. One thing is that the OP see things in his own way, and that is fine, I respect people's opinions, but constructively, we continue to educate and guide them not to wrongly impose the wrong ideas on people. Gambling is a choice, but this choice entails you taking an entire risk on what you wager at once. It is now left to you to know the game you want to bet for the chance therein and how your expertise can help you to be on top of your game.

This includes the luck coefficient as well, so it is all about you, your choice. You can imagine me gambling sports betting if I am serious about making money in gambling. This is because I've realised and accepted the fact that casino betting has a higher risk, so I safeguard against the cheap ways of losing my money. And whole system is fair because if I lose, I lose to their pock and if I gain, I gain from their pocket, no one is cheating the other. Regardless, the risk is involved and we can't do away with it, that is why they call it Gambling, even as all the terms and conditions must have been well stated, so no one is cheating anybody.

As for trading, this one is even better specified and modelled, it's stricter and more formal than gambling when it comes to the people behind it. This is a pure business, but since it's an electronic business that is risky and is delivered to informal people, people do not take it so seriously, which is one of the reasons why they lose through it. Nevertheless, if you know how to trade well, you get easy and tangible money from it, needless to say, I can point to many successful traders. These guys also pay all the charges and still manoeuvre their ways in trading to regularly get their success from it.

[LUCKMCFLY]

I agree with you, most especially, with the first paragraph of your comment, I myself living in a country that is majorly considered to be a third world country, I would say that based on my experiences overtime, it is better to earn in a currency that is stronger than our local currency, (like the dollar) than earn in our local currency, and this because just as you have said, inflation most of the time bite really hard to the extent that you discover that after you've gotten your pay from what ever means, the money is so undervalued that it almost cannot buy anything meaningful in the market.

This is why I personally prefer to do all my betting and gambling in dollars, even when I am betting on a local casino, I simply set my prefered currency to dollar rather then leave it set to my local currency, and when I open a new local casino and discover that they don't support me setting my prefered currency to dollars, I simply just ignore that casino and look for another.
This is one of the reasons why I actually don't use our local casinos too much, I prefer to gamble on international online casino like Stake and the rest, thank goodness for cryptocurrencies that have made both deposits and withdrawals from any part of the world so easy, way easier than it would have been if fiat was the only means of deposit and withdrawals from online casino..

If I understand you perfectly, what happens is that I believe that my country is one of the highest in inflation worldwide, so having local currency is useless, as I said, only to pay for services, it is the only thing that I see as useful , for a country that has a very devalued local currency like mine there is nothing to do, of course, one needs the dollar, because with that one can manage alone, and they will see whether to change them to the local currency or something like that, or I also always configure receiving and making a deposit with USD, because it is a strong currency, in itself, what we should always try to do is accumulate BTC to protect ourselves from possible inflation that comes from the dollar, although in these countries it is not I feel the inflation of the dollar very much, however in the informal economy products raise their price in dollars, the truth is that where I live it is economic madness, there is no control, but it is a fact that we must protect ourselves economically.

[mak013]

Yeah, it's true, if you use US dollars in the game, and then convert them into local currencies, you can actually earn quite a lot in money that circulates as a legal currency in that country.  Thus, what I talked about about different levels of wages and costs of normal life in different countries begins to matter only if we are talking about cross-border payments between countries with very different general living standards of the population of these countries.  But there are still relatively few such payments in the total number of payments in local currencies.  This is really worth considering when gambling, even using the dollar. 
You are right that this factor does not have a strong influence on the overall gambling situation.

so it might be interesting to consider how international gambling behaviors might shift as more transactions occur in digital currencies, potentially leveling the playing field but also introducing new complexities.

I think it wiln`t change. The casino will pay taxes from their profit in local currency. If they get profit in cryptocurrencies - they have to convert it to local currency. Of course, casino can cheat and don`t show such kind of profit but i don`t think it is possible to control it today.
The only way someone can control it is if tax services will make casinos convert all deposits in USDT or some other stable coin.

[rodskee]

Well that is an interesting point of view, and there are definitely similarities between the business models of brokers and casinos. Brokers make money from spreads, commissions, and other fees related to trading, regardless of whether their clients win or lose. This can give the impression that brokers always profit, just like how the house always has an advantage in a casino. I mean you are very true at this point  They always made a profit whether you win or lose.

and if you ask Who's Really Playing You in the Money Game based on your statement and my opinion broker Casino vs. Stoc,Forex&Crypto is playing all of us but the things is we do all of it with our consent so no one is really playing anyone haha

All of them cant be playing us because we have our choice and decision to make whether to use them or not, though there are situations whereby we may not be able to do away with he influence of this same brokers,

your money your choice , and brokers? why need them when you can do it yourself?
 and besides why need to invest using broker when you can invest in crypto and directly to your hands?

but that does not applies to the other aspects, casinos are making business through what they offers us and we enjoy their services and subscribed for it, pay to gamble with any amount of money we so desired, while stocks, crypto and brokers may not work with the same pattern of gambling.

well you are correct in a part , because we are losing  in gambling but at least we are
enjoying the process .

[Unsoldier]

...

but that does not applies to the other aspects, casinos are making business through what they offers us and we enjoy their services and subscribed for it, pay to gamble with any amount of money we so desired, while stocks, crypto and brokers may not work with the same pattern of gambling.

well you are correct in a part , because we are losing  in gambling but at least we are
enjoying the process .

While enjoying the process of gaming is important, it's also crucial to remember about one's financial well-being and to control gambling tendencies. Don't forget that relaxation also involves taking care of yourself and your future.

[delfastTions]

Yeah, it's true, if you use US dollars in the game, and then convert them into local currencies, you can actually earn quite a lot in money that circulates as a legal currency in that country.  Thus, what I talked about about different levels of wages and costs of normal life in different countries begins to matter only if we are talking about cross-border payments between countries with very different general living standards of the population of these countries.  But there are still relatively few such payments in the total number of payments in local currencies.  This is really worth considering when gambling, even using the dollar. 
You are right that this factor does not have a strong influence on the overall gambling situation.

so it might be interesting to consider how international gambling behaviors might shift as more transactions occur in digital currencies, potentially leveling the playing field but also introducing new complexities.

I think it wiln`t change. The casino will pay taxes from their profit in local currency. If they get profit in cryptocurrencies - they have to convert it to local currency. Of course, casino can cheat and don`t show such kind of profit but i don`t think it is possible to control it today.
The only way someone can control it is if tax services will make casinos convert all deposits in USDT or some other stable coin.

This is probably the only normal method to somehow sort it out and not overdo it in the case of interaction between government supervisory authorities and the casino itself as a business structure.  Of course, the use of local currencies for tax purposes should always be converted to USDT or similar US dollar equivalents.  In the case of cross-border transfers in cryptocurrencies, when the casino operates at the level of the whole world, which is natural and should be the case if the casino is truly large, this method is probably the only normal and fair one in relation to both the state and the casino business itself.  Of course, I’m not talking about illegal tax evasion schemes and I think that international casinos, which we all know well, do not abuse tax evasion options very much.  A stable business is more important to them than immediate super-profits through “gray” tax evasion schemes.

[zarintasnim]

The debate over who profits more from the financial markets, casinos or brokers, has been raging for years. On one side, casinos provide a venue for gambling and games of chance that give the house an inherent advantage. Slot machines and table games like blackjack are designed to have negative expected returns for players, ensuring the casino profits over the long run.

On the other side, stock brokers facilitate the buying and selling of securities for clients. Rather than profiting directly off customer losses, brokers make money through commissions on trades and other account fees. Successful brokers build large client bases and generate commissions whether the market is up or down.

[mak013]

I think it wiln`t change. The casino will pay taxes from their profit in local currency. If they get profit in cryptocurrencies - they have to convert it to local currency. Of course, casino can cheat and don`t show such kind of profit but i don`t think it is possible to control it today.
The only way someone can control it is if tax services will make casinos convert all deposits in USDT or some other stable coin.

This is probably the only normal method to somehow sort it out and not overdo it in the case of interaction between government supervisory authorities and the casino itself as a business structure.  Of course, the use of local currencies for tax purposes should always be converted to USDT or similar US dollar equivalents.  In the case of cross-border transfers in cryptocurrencies, when the casino operates at the level of the whole world, which is natural and should be the case if the casino is truly large, this method is probably the only normal and fair one in relation to both the state and the casino business itself.  Of course, I’m not talking about illegal tax evasion schemes and I think that international casinos, which we all know well, do not abuse tax evasion options very much.  A stable business is more important to them than immediate super-profits through “gray” tax evasion schemes.

I don`t sure about ISDT or USD equivalents. It can become problem for casino with the tax services. I think that all deposits must be converted to local currency. But for the gamblers - they must have an opportunity at least to see their balance in USD. It is possible even not to show to gamblers their balance in the currency, they deposit.

[delfastTions]

I think it wiln`t change. The casino will pay taxes from their profit in local currency. If they get profit in cryptocurrencies - they have to convert it to local currency. Of course, casino can cheat and don`t show such kind of profit but i don`t think it is possible to control it today.
The only way someone can control it is if tax services will make casinos convert all deposits in USDT or some other stable coin.

This is probably the only normal method to somehow sort it out and not overdo it in the case of interaction between government supervisory authorities and the casino itself as a business structure.  Of course, the use of local currencies for tax purposes should always be converted to USDT or similar US dollar equivalents.  In the case of cross-border transfers in cryptocurrencies, when the casino operates at the level of the whole world, which is natural and should be the case if the casino is truly large, this method is probably the only normal and fair one in relation to both the state and the casino business itself.  Of course, I’m not talking about illegal tax evasion schemes and I think that international casinos, which we all know well, do not abuse tax evasion options very much.  A stable business is more important to them than immediate super-profits through “gray” tax evasion schemes.

I don`t sure about ISDT or USD equivalents. It can become problem for casino with the tax services. I think that all deposits must be converted to local currency. But for the gamblers - they must have an opportunity at least to see their balance in USD. It is possible even not to show to gamblers their balance in the currency, they deposit.

Or there is an option when the main business of the casino is conducted in local currency in the case when the majority of players are local residents and they practically do not use US dollars.  But if cryptocurrencies are used, then most likely the casino, if it operates officially legally, should maintain a separate balance sheet for cryptocurrency payments.  And in this case, it is still impossible to avoid a peg to the US dollar.  So anyway, if a casino uses cryptocurrencies, it must have accounts in dollars and, of course, in the main cryptocurrencies that the casino allows to use.  In this case, of course, the balance must be converted into dollars at current exchange rates.  Or at a fixed exchange rate for some date and time. 
Otherwise, you can simply get confused and cause misunderstanding and complaints from state tax services or from local regulators.

[EarnOnVictor]

The debate over who profits more from the financial markets, casinos or brokers, has been raging for years. On one side, casinos provide a venue for gambling and games of chance that give the house an inherent advantage. Slot machines and table games like blackjack are designed to have negative expected returns for players, ensuring the casino profits over the long run.

On the other side, stock brokers facilitate the buying and selling of securities for clients. Rather than profiting directly off customer losses, brokers make money through commissions on trades and other account fees. Successful brokers build large client bases and generate commissions whether the market is up or down.

You have good points my friend, and I do not even see much reason for this if we can be attentive to the two words; Trading and Gambling as they do not mean the same thing. However, if the two  (casino and broker) are fair in dispensing their services, then there will never be an issue. After all, we all know what we are signing for when we want to trade either of them, and for a trader not to gamble or gamblers not to trade means they understand what they are doing at least if they are adults. Needless to say, these establishments established them basically for the purpose of making money and anyhow they can make the money is important to them regardless of what it will cost the trader or gambler. So, it is we who should go for what we are comfortable with whether they are extorting us or not.

Regardless, if it is about the ease of making money on the part of the customer/client, trading has it, and the same goes for the sincerity in the operation of the core service of the two establishments (trading still has it). Most brokers these days are only intermediaries unlike before when some brokers will be internally creating the market themselves (market makers). For this, they only earn from the spreads, swaps and commissions which I know is fair enough for the service they always render, even as they have employees and experts to pay.

[mak013]

I don`t sure about ISDT or USD equivalents. It can become problem for casino with the tax services. I think that all deposits must be converted to local currency. But for the gamblers - they must have an opportunity at least to see their balance in USD. It is possible even not to show to gamblers their balance in the currency, they deposit.

Or there is an option when the main business of the casino is conducted in local currency in the case when the majority of players are local residents and they practically do not use US dollars.  But if cryptocurrencies are used, then most likely the casino, if it operates officially legally, should maintain a separate balance sheet for cryptocurrency payments.  And in this case, it is still impossible to avoid a peg to the US dollar.  So anyway, if a casino uses cryptocurrencies, it must have accounts in dollars and, of course, in the main cryptocurrencies that the casino allows to use.  In this case, of course, the balance must be converted into dollars at current exchange rates.  Or at a fixed exchange rate for some date and time. 
Otherwise, you can simply get confused and cause misunderstanding and complaints from state tax services or from local regulators.

Yes, it is so. But i think that casino must be interested in new gamblers. Cryptocasino is the most international casino and i think that it would be better to have an opportunity to calculate his money in USD(T). But of course if casino don`t want to have problem with tax services it must have a local currency.

[Hamphser]

The debate over who profits more from the financial markets, casinos or brokers, has been raging for years. On one side, casinos provide a venue for gambling and games of chance that give the house an inherent advantage. Slot machines and table games like blackjack are designed to have negative expected returns for players, ensuring the casino profits over the long run.

On the other side, stock brokers facilitate the buying and selling of securities for clients. Rather than profiting directly off customer losses, brokers make money through commissions on trades and other account fees. Successful brokers build large client bases and generate commissions whether the market is up or down.

If people been aware about into those earning stuffs on how these businesses are making money then why they would really be that tending to come and play or deal with it?
It would really be that pretty obvious that they would really be giving out such services and offerings for them to make money and of course as long we arent that been forced
then i dont see any issues on why we would really be that aiming or trying out to elaborate on how these things do really be able to make money? It would really be just that common sense
that they are really that having the advantage.Yes, we do being concern about that legit stuff or being fair but of course we cant be able to stop out on thinking
about that we are really that at disadvantage.

[delfastTions]

I don`t sure about ISDT or USD equivalents. It can become problem for casino with the tax services. I think that all deposits must be converted to local currency. But for the gamblers - they must have an opportunity at least to see their balance in USD. It is possible even not to show to gamblers their balance in the currency, they deposit.

Or there is an option when the main business of the casino is conducted in local currency in the case when the majority of players are local residents and they practically do not use US dollars.  But if cryptocurrencies are used, then most likely the casino, if it operates officially legally, should maintain a separate balance sheet for cryptocurrency payments.  And in this case, it is still impossible to avoid a peg to the US dollar.  So anyway, if a casino uses cryptocurrencies, it must have accounts in dollars and, of course, in the main cryptocurrencies that the casino allows to use.  In this case, of course, the balance must be converted into dollars at current exchange rates.  Or at a fixed exchange rate for some date and time. 
Otherwise, you can simply get confused and cause misunderstanding and complaints from state tax services or from local regulators.

Yes, it is so. But i think that casino must be interested in new gamblers. Cryptocasino is the most international casino and i think that it would be better to have an opportunity to calculate his money in USD(T). But of course if casino don`t want to have problem with tax services it must have a local currency.

Of course, the international casino market involves the use of international money, that is, $USA.  But in many ways, international and cross-border payments were helped, of course, by cryptocurrencies.  First of all BTC of course.  Such payments have initially become quite simple and do not cause problems with cross-border transfers.  There is perhaps only one problem with Bitcoin, this is the tense state of the mempool and the need for large commissions or, as an alternative, a long wait for confirmation of the transfer transaction.  This problem significantly hinders many players.  But here immediately there are options for integrating LN payments or using other cryptocurrencies with small commissions, or USDT.  So it turns out that any international casino still uses these several payment options, and all in parallel.  And all casinos are forced to use them to increase their client base.  So balances still have to be maintained and calculated separately and only then recalculated into $.  And here it is important to fix the rates of cryptocurrencies in relation to $ and the transfer commission.  This is where confusion and sometimes misunderstanding on the part of regulators arises. 
Sometimes this creates unnecessary troubles or even bans for the casino.  But when fighting for clients, you still have to bypass them.

[mak013]

Yes, it is so. But i think that casino must be interested in new gamblers. Cryptocasino is the most international casino and i think that it would be better to have an opportunity to calculate his money in USD(T). But of course if casino don`t want to have problem with tax services it must have a local currency.

Of course, the international casino market involves the use of international money, that is, $USA.  But in many ways, international and cross-border payments were helped, of course, by cryptocurrencies.  First of all BTC of course.  Such payments have initially become quite simple and do not cause problems with cross-border transfers.  There is perhaps only one problem with Bitcoin, this is the tense state of the mempool and the need for large commissions or, as an alternative, a long wait for confirmation of the transfer transaction.  This problem significantly hinders many players.  But here immediately there are options for integrating LN payments or using other cryptocurrencies with small commissions, or USDT.  So it turns out that any international casino still uses these several payment options, and all in parallel.  And all casinos are forced to use them to increase their client base.  So balances still have to be maintained and calculated separately and only then recalculated into $.  And here it is important to fix the rates of cryptocurrencies in relation to $ and the transfer commission.  This is where confusion and sometimes misunderstanding on the part of regulators arises. 
Sometimes this creates unnecessary troubles or even bans for the casino.  But when fighting for clients, you still have to bypass them.

I think that it is problem that can`t be solved. If the casino want to pay taxes without any problems, they must fix cryptocurrencies some moment. The best choice for it can be deposit or withdrawal. I think that withdrawal would be better - in this way the casino hasn`t problems with gamblers balance - it can be in USD, local currency, cryptocurrencies. Every currency will be converted in the local currency during withdrawal.

[delfastTions]

Yes, it is so. But i think that casino must be interested in new gamblers. Cryptocasino is the most international casino and i think that it would be better to have an opportunity to calculate his money in USD(T). But of course if casino don`t want to have problem with tax services it must have a local currency.

Of course, the international casino market involves the use of international money, that is, $USA.  But in many ways, international and cross-border payments were helped, of course, by cryptocurrencies.  First of all BTC of course.  Such payments have initially become quite simple and do not cause problems with cross-border transfers.  There is perhaps only one problem with Bitcoin, this is the tense state of the mempool and the need for large commissions or, as an alternative, a long wait for confirmation of the transfer transaction.  This problem significantly hinders many players.  But here immediately there are options for integrating LN payments or using other cryptocurrencies with small commissions, or USDT.  So it turns out that any international casino still uses these several payment options, and all in parallel.  And all casinos are forced to use them to increase their client base.  So balances still have to be maintained and calculated separately and only then recalculated into $.  And here it is important to fix the rates of cryptocurrencies in relation to $ and the transfer commission.  This is where confusion and sometimes misunderstanding on the part of regulators arises. 
Sometimes this creates unnecessary troubles or even bans for the casino.  But when fighting for clients, you still have to bypass them.

I think that it is problem that can`t be solved. If the casino want to pay taxes without any problems, they must fix cryptocurrencies some moment. The best choice for it can be deposit or withdrawal. I think that withdrawal would be better - in this way the casino hasn`t problems with gamblers balance - it can be in USD, local currency, cryptocurrencies. Every currency will be converted in the local currency during withdrawal.

Yeah.  Perhaps there really is no normal or optimal solution to this issue.  You are probably right and each casino solves problems with cryptocurrency payments in its own way and based on the requirements of local regulators. 
But the option of withdrawing from a deposit is apparently good and is most likely used in the practice of casinos in their locations.

[mak013]

I think that it is problem that can`t be solved. If the casino want to pay taxes without any problems, they must fix cryptocurrencies some moment. The best choice for it can be deposit or withdrawal. I think that withdrawal would be better - in this way the casino hasn`t problems with gamblers balance - it can be in USD, local currency, cryptocurrencies. Every currency will be converted in the local currency during withdrawal.

Yeah.  Perhaps there really is no normal or optimal solution to this issue.  You are probably right and each casino solves problems with cryptocurrency payments in its own way and based on the requirements of local regulators. 
But the option of withdrawing from a deposit is apparently good and is most likely used in the practice of casinos in their locations.

It is the easiest way to be good both for tax services and for gamblers. During the game - gamblers have their BTC and tax services don`t know how much money casino has in cryptocurrencies, but it doesn`t matter - if casino use cryptocurrencies, it has to recalculate it every moment due to the price changes. And casino just one time fix price of cryptocurrencies during withdrawal for taxes. The casino at that moment has no cryptocurrencies and don`t cares about it price.

[EarnOnVictor]

Yes, it is so. But i think that casino must be interested in new gamblers. Cryptocasino is the most international casino and i think that it would be better to have an opportunity to calculate his money in USD(T). But of course if casino don`t want to have problem with tax services it must have a local currency.

Of course, the international casino market involves the use of international money, that is, $USA.  But in many ways, international and cross-border payments were helped, of course, by cryptocurrencies.  First of all BTC of course.  Such payments have initially become quite simple and do not cause problems with cross-border transfers.  There is perhaps only one problem with Bitcoin, this is the tense state of the mempool and the need for large commissions or, as an alternative, a long wait for confirmation of the transfer transaction.  This problem significantly hinders many players.  But here immediately there are options for integrating LN payments or using other cryptocurrencies with small commissions, or USDT.  So it turns out that any international casino still uses these several payment options, and all in parallel.  And all casinos are forced to use them to increase their client base.  So balances still have to be maintained and calculated separately and only then recalculated into $.  And here it is important to fix the rates of cryptocurrencies in relation to $ and the transfer commission.  This is where confusion and sometimes misunderstanding on the part of regulators arises. 
Sometimes this creates unnecessary troubles or even bans for the casino.  But when fighting for clients, you still have to bypass them.

I think that it is problem that can`t be solved. If the casino want to pay taxes without any problems, they must fix cryptocurrencies some moment. The best choice for it can be deposit or withdrawal. I think that withdrawal would be better - in this way the casino hasn`t problems with gamblers balance - it can be in USD, local currency, cryptocurrencies. Every currency will be converted in the local currency during withdrawal.

Yeah.  Perhaps there really is no normal or optimal solution to this issue.  You are probably right and each casino solves problems with cryptocurrency payments in its own way and based on the requirements of local regulators. 
But the option of withdrawing from a deposit is apparently good and is most likely used in the practice of casinos in their locations.

Well, let me pretend that I understand you correctly, at least a bit, but for the benefit of the doubt since you are not so clear in your narration, did you mean that some casinos will offer you the crypto deposit and will not allow you to withdraw through the same means but through other means supported by their local regulators? I decoded this from what you wrote since this is actually happening in trading and investments but I have never witnessed such with crypto casinos. If this is the case as well, then it is not fair, both shouldn't have been allowed if To is allowed and Fro is blocked to avoid discrepancies.

The cryptocurrency itself made it possible for international casino businesses to be more known and accessible, and it should be fair to be allowing the same means of deposit for the withdrawals, but only ensure that the money is paid back to the account/address that deposited the funds. This is the international standard and I know that it is in compliance already with the Anti-money Laundry Act, so what? It also makes transactions tracebale which should not be an issue for regulators to trace and not make it difficult for the customer to get back their money if the option they want to force on them is not comfortable.

[LUCKMCFLY]

The cryptocurrency itself made it possible for international casino businesses to be more known and accessible, and it should be fair to be allowing the same means of deposit for the withdrawals, but only ensure that the money is paid back to the account/address that deposited the funds. This is the international standard and I know that it is in compliance already with the Anti-money Laundry Act, so what? It also makes transactions tracebale which should not be an issue for regulators to trace and not make it difficult for the customer to get back their money if the option they want to force on them is not comfortable.

Well, I think that at an international level when large amounts of money are handled, it causes some surprise to many, except for governments Because they supposedly have the right to handle large amounts, but this is something that is not correct, because things have to be equal. for everyone, especially in the private economies of Each person, you just have to see when international transfers are made from one Bank to another, if you go over $1k they start to generate much more astonishment and I don't like it, it's something with which I do not agree, however things with people Always look for sources of funds and all that , so if they Apply this to Crypto then that is why these types of Problems are generated.