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Author Topic: What do you think about trading feature?  (Read 777 times)
Porfirii
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October 17, 2023, 05:00:25 AM
 #41


Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
A quick reminder to nobody specific; you can never have or be given an edge over the house. Don't get it twisted it has always been about the house over us.
-snip-

This is still gambling albeit that it has somewhat trading features if am to play I will maintain a gambling mindset towards it because that's what it is and nothing like doing trading about it. I'll consider this development in gambling as an amusement trading experience a more fascinating way to keep the fun going.

You're right, but we should take into account that in the case of exchanges it is the same: you have to pay trading fees, and also fees to withdraw. I would like to compare the probabilities to either win or lose in both betting and exchange platforms, but it is impossible to generalise due to the very different tiers and conditions between different services. So just a friendly reminder, again, that trading is not investing, but another way of gambling.

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mak013
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October 17, 2023, 06:38:57 AM
 #42

I use cryptocurrencies exchanges when i want to trade. I don`t need such games in casino. As for me - gambling and trading differs and mustn`t be in on place. I don`t think that exchange with some casino games will be more popular than the common exchange. And games with price predictions have nothing common with the trading.

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Mauser
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October 17, 2023, 06:52:35 AM
 #43

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

I haven't paid close attention to these new type of games. Are they real trading of assets or are they guessing games where prices are just simulated? I have been trading myself for many years now and there is both a fundamental and technical edge to predicting the future price. I am wondering now how the casinos are simulating such scenarios, because if it's real trading on real assets than how is the casino making any money? It's not like the casino has any edge or insider information on how the price is going to move. To me it seems the casino shouldn't engage in such activities and focus on gambling instead. However, if prices are completely random then it would hard to make why predictions, also technical analysis is not really going to help here.
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October 17, 2023, 07:04:03 AM
 #44

It seems like I have missed information about this game even though I often play gambling on bc.games but I don't see any games like trading features, maybe what is meant is like a game of guessing the price correctly according to the original trading price or it could be that this game is similar to futures trading which is like Binary options guess the price at a certain time to rise or fall.

If that's the case, it doesn't seem much different from a slot game of guessing and hoping for luck. There's nothing interesting other than sports betting, in my opinion, which is free from cheating. The information you show is also lacking because there's also a lot of confusion here about the game you're referring to. It's a good idea to include links and catches. screen so everyone knows what game you are referring to.  Grin

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October 17, 2023, 07:11:42 AM
 #45

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
OP I never checked what you mentioned here. Bc.game and rollbet I don't have account If I had account I could have disclosed it better. However, since we have to predict the price movement, I think it is similar to forex trading. Because in forex trading also you have to earn by trading on price fluctuations. Here I am not well experienced with your given subject so I can't say anything right. But I will definitely account here and after I analyze everything you have given me well then maybe I can tell you how I feel about what you have given me.

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October 17, 2023, 07:16:47 AM
 #46

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

Not really but what these casinos need to implement is to let us choose the cryptocurrency that we want to withdraw.It should not cost them much as for example I have won a lot in Bitcoin but I want to withdraw in Shiba INU and this is a feature that I know no reputable casino has implemented so far.As long as they let us choose the currency in which to display for and play for they should be able for a small extra fee to let us do just what I described above.

As for the trading option I don't think that is really an advantage or edge that we can get over the casino,the house edge of the casino is in place to guarantee them profit over the long term.

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October 17, 2023, 07:58:40 AM
 #47

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

I will categorize this as gambling too cause there is nothing really here for trading, probably similar to day trading but here we are taking the risk whereas in day trading we have to make decisions and if it doesn't come true then we can work it a strategy for that position.

For a casino its just an extra feature so can keep the engagement from the users further so more profits but this is not the first time, similar features were available on few other casinos too but I don't remember those names now.









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October 17, 2023, 09:27:08 AM
 #48

I think that the title should be changed to trading game and not feature because I've thought of actual trading that we usually get and do in exchanges. Well, if they can expand for more games and the players like it based on the data that it shows then that's a good addition for them so that there can be a lot of choices for gamblers that are tired of looking at the same games that keeps on beating them. Those who are good in trading like the ones who mostly do it in futures can take this game seriously. I also think that this is a good platform for those who are interested in learning more about trading. But it's just kind of a different setting since they're casinos and not actual exchanges. Maybe soon we'll see some exchanges have their special link for their traders to play some gambling games. Since there are casinos that have added some trading type game and probably features the same as the exchanges in the nearest future.

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October 17, 2023, 09:51:10 AM
 #49

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
I tried it when I was at Rollbit and used the RLB that I got before but if you look at it will actually be difficult to make profit because almost all the RLB that I have is gone.
For those who have more experience and really relaxed time this may provide an opportunity to make profit because they can monitor prices in detail without worrying about making mistakes to determine more suitable price.

Try studying market price statistics and learning to predict the right time for each rise and fall in token prices, this will make it easier for you to guess.

It been a long time since I logged in and tried again maybe this thread reminds me of an experience I had.

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October 17, 2023, 09:58:36 AM
 #50

Although I haven't seen how it looks, at a glance I can assume that the inclusion of trading features in a casino is an opportunity created by the casino amidst the player's gaming hobby. At first glance, this might be a form of implementation that trading is gambling. CMIIW
The trading features at the casino as intended are definitely different from trading on the exchange.

R


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October 17, 2023, 11:20:31 AM
 #51

Options and leverage are actually gambling.

And choose whichever is the fun type that you're enjoying of this game. There could be unpredictable moments that you might hit it and you'll be proud of yourself because you just predicted it right and bet on it.

But it's also the quickest way to lose what you've got, so you just gotta choose and enjoy if you're into this. It's like a crash game that you'll never know when the pump will stop and when a dump will come.

With binary options, you only make about 80% profit for every bet but with leverage trading, you can make a ton of profit as long as you exit your position while the market goes in your direction.
Profit percentages of what you have mentioned are high for both of them. 80% as a profit is already a lot in terms of these features and trades.

While I like playing the binary option, I wouldn't want to play on another casino. What I'm looking for is a platform made only for binary options just like the IQ Option. This however is not just for crypto thats why it needs KYC as well.
Yes.

That's also what I think is better. When a casino focuses on its service as a casino per se, that's much better. And if a service platform is for options or binary, then better to stay there with that service.

But this is how businesses goes, they intend to upgrade and add features that their customers might like.

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October 17, 2023, 12:34:10 PM
 #52

I haven't tried trading games on BC.game or Rollbit. It seems interesting because it concerns our ability to analyze market movements. If we can analyze market movements correctly, we can win against the casinos. But I once saw one trading app that only guessed whether the market would go up or down in the next 5 minutes. But unfortunately, it is not the crypto market but the stock market. It also pleasures us because we can test our abilities in analyzing market movements, especially those who can analyze the stock market. Maybe later, I'll visit BC.game to see the game.

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October 17, 2023, 01:05:03 PM
 #53

I haven't tried trading games on BC.game or Rollbit. It seems interesting because it concerns our ability to analyze market movements. If we can analyze market movements correctly, we can win against the casinos. But I once saw one trading app that only guessed whether the market would go up or down in the next 5 minutes. But unfortunately, it is not the crypto market but the stock market. It also pleasures us because we can test our abilities in analyzing market movements, especially those who can analyze the stock market. Maybe later, I'll visit BC.game to see the game.

Well, when you try it, you will see that there's not much to analyze, we are talking about a period of 15, 30, and 60 seconds. It's pure gambling, it's just pressing up or down and hoping you are right. In my opinion, this game is the worst of all lucky-based games... but it's just my opinion and my taste. Some of us played this game before, and I tried it at BC.Game, just for the sake of trying it and I am staying away from this one for sure.

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October 17, 2023, 01:32:13 PM
 #54

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos.
OP, if you have ever done Margin or Futures trading, of course you will find it easy to do with the trading features provided by Rollbit casino, remember that when trading on real-time charts, the risk of loss is greater than when you use stop loss.

For further information you can read below.
Rollbit: An Exciting Cryptocurrency Trading Platform Offering x1000 Leverage
Quote
All of the necessary features to place well-informed bets on the cryptocurrency markets are provided, including:

* Real-time charts with customizable timeframes and technical indicators,
* A stop loss/take profit function to lock in profits and minimize the risks associated with the fluctuations in the prices of cryptocurrencies. Users can select to exit a trade either by specifying a particular price or by setting a dollar amount of profit/loss, and
* The ROI calculator allows users to experiment with different entry prices, levels of leverage and wagers to view different scenarios and understand how their profit/loss will be affected.

The point is: crypto trading is the same everywhere, including at the casino you are referring to, provided you really understand and have knowledge in trading, otherwise don't even try it, the risk of losing is greater, but if you are an expert in crypto trading of course you can try it, trading at Rollbit casino, is not the same as spot trading.

R


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October 17, 2023, 01:51:47 PM
 #55

Trading features in casinos are actually not just trading games of chance but all probability games to assess the risk and return of the type of game you are engaged in. Because we do not have the ability to predict even if we are more confident about everything risk always exists even though trading is a gamble and we cannot achieve 100% certainty. All of them have a common feature that is future prices cannot be predicted with any degree of accuracy by analysis alone. Even if fundamental analysis and technical analysis are combined the problem of improving accuracy cannot be solved so trading is a game of probability from start to finish when included in the casino.

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October 17, 2023, 02:05:33 PM
 #56

I haven't tried trading games on BC.game or Rollbit. It seems interesting because it concerns our ability to analyze market movements. If we can analyze market movements correctly, we can win against the casinos. But I once saw one trading app that only guessed whether the market would go up or down in the next 5 minutes. But unfortunately, it is not the crypto market but the stock market. It also pleasures us because we can test our abilities in analyzing market movements, especially those who can analyze the stock market. Maybe later, I'll visit BC.game to see the game.

It is  a good initiative for casinos to have adopted such and I see it very interesting too because it would help one fully develop their analyzing skills when it comes to crypto price prediction. With just little amount one can be able to do such and this would avail opportunity for traders to take advantage of the situation in learning and perfecting their live trade price analysis and movement. I think everyone should take advantage of this opportunity to build their price prediction skills and it would help for  those fully into trading.

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October 17, 2023, 02:08:48 PM
 #57

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.

This is not actual trading instead its just the market prediction of the player after a designated time if the price of the coin will go up or down, just like hitting a flip coin of head or tails, There is no much occurrence of using the technical analysis or making use of the indicators just casual prediction, but you have an idea if the price of the coin goes up or down if you have a background of trading basics.

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October 17, 2023, 02:35:13 PM
 #58

Trading features in casinos are actually not just trading games of chance but all probability games to assess the risk and return of the type of game you are engaged in. Because we do not have the ability to predict even if we are more confident about everything risk always exists even though trading is a gamble and we cannot achieve 100% certainty. All of them have a common feature that is future prices cannot be predicted with any degree of accuracy by analysis alone. Even if fundamental analysis and technical analysis are combined the problem of improving accuracy cannot be solved so trading is a game of probability from start to finish when included in the casino.

This is right. Most importantly this kind of prediction game on bc and rollbit is using a shorter time duration to predict result which means it’s very hard to have an accurate prediction since there’s no pattern to rely on while indicators on this time frame often result to failure.

The only way to bhave a successful run on this kind of game is through a manipulation in the crypto market while you open a position just like what cointelegraph did recently.  Cheesy

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October 17, 2023, 03:02:21 PM
 #59

Trading features in casinos are actually not just trading games of chance but all probability games to assess the risk and return of the type of game you are engaged in. Because we do not have the ability to predict even if we are more confident about everything risk always exists even though trading is a gamble and we cannot achieve 100% certainty. All of them have a common feature that is future prices cannot be predicted with any degree of accuracy by analysis alone. Even if fundamental analysis and technical analysis are combined the problem of improving accuracy cannot be solved so trading is a game of probability from start to finish when included in the casino.

This is right. Most importantly this kind of prediction game on bc and rollbit is using a shorter time duration to predict result which means it’s very hard to have an accurate prediction since there’s no pattern to rely on while indicators on this time frame often result to failure.

The only way to bhave a successful run on this kind of game is through a manipulation in the crypto market while you open a position just like what cointelegraph did recently.  Cheesy
What cointelegraph is totally out of the normal and whoever did that should get arrested and prosecuted, I mean, a lot of people actually lost money for no just reason. Like i said on another thread on bitcoin discussion board in relation to this same topic, it's just unfortunate that the market is not yet regulated, this is the only reason why whoever did that may likely go scoot free, outside of this, Cointelegraph should be in the hands of the regulatory authorities by now.

Coming back to what we are discussing here, I totally agree with the both of you, i personally think that before rollbit and Bc.game decided to implement the price prediction game, they must have done their homework well, to implement the game in such a manner that it will not be easy for gamblers to win, and i guess this is where the idea of predicting the short-term prices of this coin came from, as when we consider charts, technical and fundamental analysis, like you have said, its practically impossible to accurately guess or predict the price of a coin.

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October 17, 2023, 04:49:30 PM
 #60

Gambling sites like Bc.game and Rollbit now include trading feature in their casinos. In this game we need to predict small fluctuations in price over a short period of time.
This is became my favorite game. What do you think of this game?
Do you think this game gives us some advantage/edge to casino? Because most of the time, prices tend to Follow a repeating pattern like Up-Down Up-Down in a range.
That sounds like options trading. In options trading, you need to guess the short-term price movements of certain currencies or cryptocurrencies and you will get double (minus the service fee just like the house edge) or nothing based on the outcome. I'm not sure if it's the same thing in the casinos you've mentioned or not but the way you described it, it sounds like it. I'm also unsure if casino platforms are actually allowed to include trading features unless it is a game that resembles options trading.

And, it's not as easy as you make it sound because it's not easy to actually predict which way the price of a certain currency or asset will move next, especially when the timeframe is very short, like 1 minute or 5 minutes. I've done options trading and it might give you a few wins but you will eventually lose your money unless you are an expert with charts and stuff.

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