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

[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.

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[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.