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Author Topic: Investment in gambling  (Read 1230 times)
Pumared
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February 20, 2024, 02:31:38 AM
 #161

where crypto gambling sites that are already popular in the bitcointalk community are open for investment. first, investment people need trust first. if don't have high trust, aka the gambling website is not yet popular, it's better to make coins and then create ico and bounty campaigns at the same time to build a community of users of the gambling website if the ico is complete.

I believe that if the betting site is advertising here it is already a very good thing, as in addition to contributing to discussions on the forum they also promote their brand in a healthy way.

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Barikui1
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February 20, 2024, 04:16:22 AM
 #162

Investment and gambling are two different things that have no comparison between them. Gambling is what we do for fun by trying our luck in predicting the possible outcome of a game, even though the addictive ones sees it as a means of income, that is why gambling addict are mostly been liquidated due to the fact that they saw it as a means of making money.

While investment is a totally different from gambling in the sense that you put your money into something or any business and be expected a profit in return in the nearest future, but what you are saying about how you invested into ponzi scheme even when you know how dangerous it is, to me it's totally unwise and it should be avoided by all means.

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February 20, 2024, 04:43:48 AM
 #163

where crypto gambling sites that are already popular in the bitcointalk community are open for investment. first, investment people need trust first. if don't have high trust, aka the gambling website is not yet popular, it's better to make coins and then create ico and bounty campaigns at the same time to build a community of users of the gambling website if the ico is complete.
But will it get any easier?
Gambling sites that are already popular and exist in this community will not necessarily accept investment from everyone, they will choose and determine who is entitled to the investment cooperation that will be agreed upon.
Moreover, investing in gambling site that is already popular and has good reputation requires very large amounts of money because they have developed rapidly and the circulation of money can be said to be on very large scale, so there is no real need to encourage investment money, especially only in small amounts.
If you really want to invest more easily then choose newly developed casino, but this is risky because they have not been tested for their reputation and long-term viability so you really have to choose carefully.

It just that if I had more money and aimed to invest then I would still choose assets that I could hold in my wallet instead of investing on gambling sites.
Making Bitcoin an investment asset is the right choice in my opinion and when the price of Bitcoin declines then it is time to be able to enter and buy more, this is much easier and more profitable.
Moreover, investing doesn't necessarily have to be like investing in shares, but we can buy several assets, especially crypto which can be stored and guarded personally.

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February 20, 2024, 03:23:09 PM
 #164

Investment and gambling are two different things that have no comparison between them. Gambling is what we do for fun by trying our luck in predicting the possible outcome of a game, even though the addictive ones sees it as a means of income, that is why gambling addict are mostly been liquidated due to the fact that they saw it as a means of making money.

While investment is a totally different from gambling in the sense that you put your money into something or any business and be expected a profit in return in the nearest future, but what you are saying about how you invested into ponzi scheme even when you know how dangerous it is, to me it's totally unwise and it should be avoided by all means.
Yeah, we know that is two different thing that cannot be compared. The Investment purposes giving a profit to the Investor. While Gambling is something that uses Money to play the Game. Playing Gambling is what we do to have fun in our spare time so that we don't have to Gamble daily. It's better to get addict to the Investment rather than addict to Gambling because at least, in investment, we can have a chance to make a profit. Getting addict to gambling only gives us many problems. You need to choose what You want and if you don't want to end up by addict to Gambling, you can choose the Investment.

Investment is really different than Gambling , you don't have to confuse and not think much about Gambling. If you play Gambling too often, you can lose much money. But if you Invest in something like Bitcoin, you can make a Profit. You choose what you want , I guess you and I already know that Invest in Bitcoin is something that can give a big profit while Playing Gambling can make you lose much money.

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February 20, 2024, 05:29:43 PM
 #165

That's right, because gambling will only drain our finances, especially if we don't have good self-control, maybe big losses could occur, because without good self-control it can make us gamble excessively, which if we gamble too much. Too much of it will only waste the money we have. That's right, I agree with you, gambling is a game that has the opportunity to make a profit, but this is different from investment, because the profits in it are very difficult to obtain.

I myself like to gamble, and every now and then I think about the money I have lost in gambling, if it were collected and invested it might have produced big profits, but there is no point in remembering the losses that have occurred because they will not be able to be recovered. That's true. you say, even if we invest, of course we have to be patient with the investments we make because long-term investments can produce large profits, as long as we are patient with carrying them out, but with gambling, in my opinion, this cannot be said about investment because this is a big possibility. it will only be detrimental, not beneficial.
If we can limit our gambling activities, gambling will not drain our money, and we can also prevent experiencing large losses. With our self-control, we can gamble moderately using clear limits so that we don't spend too much money because we realize that we shouldn't do that. Using too much money will only make us experience so many losses that we really have to be able to prevent it. And instead of losing a lot of money from gambling, we should use the money to invest because it can benefit us in the future.

That is why if we can limit the use of money for gambling, we can see that we still have money to invest so that we have more hope of making a profit from the investment. These two things can go together. We can suppress the desire to gamble to continue the desire to invest because we hope to profit from investing, not from gambling. We realize that winning from gambling will never be easy, so we prefer to invest the money to have more hope of making a profit in the future. And that's where we can be wise in deciding which is better for us.

Yes that's right, indeed if we can limit ourselves in doing gambling then gambling will not drain our finances nor will it result in many losses, but logically many people think gambling is one way to make money, it is true that the potential to make money exists but it is uncertain, because gambling is uncertain with the victory there is no pattern, trick or strategy to guarantee that you will get a win, in contrast to investment, because investment has the opportunity to get a win or profit by using the strategy and knowledge you have. But the risk of losing money in investment is tantamount to gambling.

That's right, so indeed in my opinion there is no investment in gambling that will clearly benefit,  as I have said unless it is funding the gambling industry company, maybe it can make a profit with certainty as long as the investment is really in gambling industry companies that are not deceptive.

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February 20, 2024, 05:47:40 PM
 #166

Investment and gambling are two different things that have no comparison between them. Gambling is what we do for fun by trying our luck in predicting the possible outcome of a game, even though the addictive ones sees it as a means of income, that is why gambling addict are mostly been liquidated due to the fact that they saw it as a means of making money.

While investment is a totally different from gambling in the sense that you put your money into something or any business and be expected a profit in return in the nearest future, but what you are saying about how you invested into ponzi scheme even when you know how dangerous it is, to me it's totally unwise and it should be avoided by all means.
Yeah, we know that is two different thing that cannot be compared. The Investment purposes giving a profit to the Investor. While Gambling is something that uses Money to play the Game. Playing Gambling is what we do to have fun in our spare time so that we don't have to Gamble daily. It's better to get addict to the Investment rather than addict to Gambling because at least, in investment, we can have a chance to make a profit. Getting addict to gambling only gives us many problems. You need to choose what You want and if you don't want to end up by addict to Gambling, you can choose the Investment.

Investment is really different than Gambling , you don't have to confuse and not think much about Gambling. If you play Gambling too often, you can lose much money. But if you Invest in something like Bitcoin, you can make a Profit. You choose what you want , I guess you and I already know that Invest in Bitcoin is something that can give a big profit while Playing Gambling can make you lose much money.

Aren't you concerned about cryptocurrency investor who see gambling as a way of multiplying their crypto holding. Lots of gamblers are into it for millions and one reasons. And we may not be able to detect why some people are into gambling, due to the numerous reasons. However, investing on the right business can be better than hoping on gambling as a way of making money. But that shouldn't be Ponzi as Op is saying on his thread. Those can end up closing up anytime soon. The only method for making money is by building a sustainable business that solves problem. Other than that, gambling and Ponzi isn't the right choice for anybody, regardless of how promising it may seem. Moreover, some investments still are not profitable on the long run, investors, also have a fair share of losses when investing. They also need to invest time researching on the best amongst every investment available. For instance, in the crypto space, aside bitcoin, most investors are not sure of what profits their altcoin could yield them during the bull run and how much they can lose on the bear season.

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February 21, 2024, 08:38:11 AM
 #167

Aren't you concerned about cryptocurrency investor who see gambling as a way of multiplying their crypto holding. Lots of gamblers are into it for millions and one reasons. And we may not be able to detect why some people are into gambling, due to the numerous reasons. However, investing on the right business can be better than hoping on gambling as a way of making money. But that shouldn't be Ponzi as Op is saying on his thread. Those can end up closing up anytime soon. The only method for making money is by building a sustainable business that solves problem. Other than that, gambling and Ponzi isn't the right choice for anybody, regardless of how promising it may seem. Moreover, some investments still are not profitable on the long run, investors, also have a fair share of losses when investing. They also need to invest time researching on the best amongst every investment available. For instance, in the crypto space, aside bitcoin, most investors are not sure of what profits their altcoin could yield them during the bull run and how much they can lose on the bear season.
Actually that is their option to see gambling is a way to double their coins amount but they must realize that gambling is not really that way as in gambling, there will be two things that they will face which is win or lose. Many people is not ready to had lose because they think that winning on the gambling games is easy while that is a wrong thing as gambling can suck their money fast without they know. People like playing gambling because they have a chance to winning much money from various gambling games but most of them aren't prepare what they need to do if they lose. They will try to recover their losses using more money while that is not a good idea as their losses can become bigger and that can make their money gone fast. Investment in the business is the right thing that they can do to grow their money but most people still not think to start and not search for more information about joining in the right investment. If they can join in the right investment such as bitcoin, they will have a chance to make a profit, which can grow their money. Before they invest in any investment, they must search for many informations to make sure that they are join in the right investment. When they don't get the informations they want, they can moves to the other thing and find what the right thing.

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February 21, 2024, 08:45:43 AM
 #168

Investment and gambling are two different things that have no comparison between them. Gambling is what we do for fun by trying our luck in predicting the possible outcome of a game, even though the addictive ones sees it as a means of income, that is why gambling addict are mostly been liquidated due to the fact that they saw it as a means of making money.

While investment is a totally different from gambling in the sense that you put your money into something or any business and be expected a profit in return in the nearest future, but what you are saying about how you invested into ponzi scheme even when you know how dangerous it is, to me it's totally unwise and it should be avoided by all means.
This is something that people should really be that realizing that both are different things and needed up with different approach so that you wont really be ending up on spending too much
money in gambling just because of wrong beliefs mind. As i have read up on other comments on which gambling could really be considered to be an investment is on when you do invest on
sites bankroll and not playing on it and this is where you would be considering about investing.Basing up on the situation on which op been said out about letting others do make out some transferred
funds for him to make that pooled bet then i dont see about getting such confidence and trust knowing that scammers are really that tons nowadays. Im not saying that he's one
but people cant just easily pass up those funds.
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February 21, 2024, 08:52:07 AM
 #169

People who own more money are usually more addicted to gambling. Common bigots enjoy gambling and hope to win common jackpots. Once their fortunes are opened, the next generation can enjoy this wealth, gambling has opened the minds of many gamblers.  That is why many people invest in gambling and they are wealthy.

I disagree, I even believe it to be the opposite. Poorer people enjoy playing more, in proportion to their wealth. Because the rich know when to stop, otherwise they wouldn't be rich.
In essence, gambling and investment have different goals that cannot be the same, even though both have significant benefits and vice versa.
So if gambling is considered an investment, then it is a big mistake for gamblers, even rich people can go bankrupt if they have that mindset. Gambling is just for fun and gambling only has two choices, namely winning and losing. Unlike investing, we have other choices. If we are at a loss, we can choose Hold until the price rises again. If gambling cannot be controlled it will result in addiction, investing without sufficient knowledge will result in losses. This is the basic difference between the two.

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February 21, 2024, 08:59:44 AM
 #170

People who own more money are usually more addicted to gambling. Common bigots enjoy gambling and hope to win common jackpots. Once their fortunes are opened, the next generation can enjoy this wealth, gambling has opened the minds of many gamblers.  That is why many people invest in gambling and they are wealthy.

I disagree, I even believe it to be the opposite. Poorer people enjoy playing more, in proportion to their wealth. Because the rich know when to stop, otherwise they wouldn't be rich.
In essence, gambling and investment have different goals that cannot be the same, even though both have significant benefits and vice versa.
So if gambling is considered an investment, then it is a big mistake for gamblers, even rich people can go bankrupt if they have that mindset. Gambling is just for fun and gambling only has two choices, namely winning and losing. Unlike investing, we have other choices. If we are at a loss, we can choose Hold until the price rises again. If gambling cannot be controlled it will result in addiction, investing without sufficient knowledge will result in losses. This is the basic difference between the two.

Sometimes people commit a mistake for pointing out for them that gambling is another form of investment and you just need to be good on what you are doing then a good profit will come but certain realization came up once this people play in the long run since for sure they would realize that gambling is not really as easy as they thought since there will be no guarantee to gain at all here.

But if they dig up a little more information about gambling investment maybe they can find some platform that offering a bank roll investment but I don't know if there's still a old platform offering this and usually what I see especially in this forum those new people trying to offer it without any proof of existence so for that its risky for people to grab such kind of offer.

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February 21, 2024, 09:16:40 AM
 #171

People who own more money are usually more addicted to gambling. Common bigots enjoy gambling and hope to win common jackpots. Once their fortunes are opened, the next generation can enjoy this wealth, gambling has opened the minds of many gamblers.  That is why many people invest in gambling and they are wealthy.

I disagree, I even believe it to be the opposite. Poorer people enjoy playing more, in proportion to their wealth. Because the rich know when to stop, otherwise they wouldn't be rich.
In essence, gambling and investment have different goals that cannot be the same, even though both have significant benefits and vice versa.
So if gambling is considered an investment, then it is a big mistake for gamblers, even rich people can go bankrupt if they have that mindset. Gambling is just for fun and gambling only has two choices, namely winning and losing. Unlike investing, we have other choices. If we are at a loss, we can choose Hold until the price rises again. If gambling cannot be controlled it will result in addiction, investing without sufficient knowledge will result in losses. This is the basic difference between the two.
We need to look at it from different angles because there are people that investing in gambling to make money especially for the rich people. Gambling can be seen as a sort of investment that we need to do to make money.
For you to use your money to bet, it means that you are putting in a source where it's going to generate more money for you. Gambling is na investment that is why it is possible for us to triple our capital and make good money if we are lucky and knows how to go about it. Gambling is a move to make money and that is why it is seen like other type of investment we put our money to make more.

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February 21, 2024, 02:23:04 PM
 #172

Some persons says gambling is not an investment due to its risky levels but a game of entertainment while some persons says investments are likely to be gambling because you don't foresee the future and can't predict the later outcome.

This is my exploit and diverse in gambling of chasing profits.
Gambling isn't an investment except you are owning the casinos but as a gambler you should never consider it as an investment that you have because it's definitely not a good one to actually keep your minds on, most gamblers make this mistake of seeing gambling as an investment they have but unknowing to them that it's just mare risk and nothing more,

Investment in not gambling, although not all investment comes with certainty but it still doesn't mean that it's gambling, most investment plans are much better than gambling because except for uncertainties investment do come with some level of guarantee over a period of time which could mean for us to Be expecting with some level of assurance but with gambling you don't have any assurance as your fate is on a balance hanging unknown to you what the outcome would be
I think investing in gambling is not a good place to invest without thinking it is true that there are no guarantees and the plan will not always be correct gambling styles vary from casino to casino. Unknown results do not go in the right direction in most cases. It is better to go for currencies like bitcoin for investment other than gambling considering your security. It is guaranteed and there will be no fear of missing out just wait patiently and success will come.
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February 21, 2024, 04:03:19 PM
 #173

People who own more money are usually more addicted to gambling. Common bigots enjoy gambling and hope to win common jackpots. Once their fortunes are opened, the next generation can enjoy this wealth, gambling has opened the minds of many gamblers.  That is why many people invest in gambling and they are wealthy.

I disagree, I even believe it to be the opposite. Poorer people enjoy playing more, in proportion to their wealth. Because the rich know when to stop, otherwise they wouldn't be rich.
In essence, gambling and investment have different goals that cannot be the same, even though both have significant benefits and vice versa.
So if gambling is considered an investment, then it is a big mistake for gamblers, even rich people can go bankrupt if they have that mindset. Gambling is just for fun and gambling only has two choices, namely winning and losing. Unlike investing, we have other choices. If we are at a loss, we can choose Hold until the price rises again. If gambling cannot be controlled it will result in addiction, investing without sufficient knowledge will result in losses. This is the basic difference between the two.
We need to look at it from different angles because there are people that investing in gambling to make money especially for the rich people. Gambling can be seen as a sort of investment that we need to do to make money.
For you to use your money to bet, it means that you are putting in a source where it's going to generate more money for you. Gambling is na investment that is why it is possible for us to triple our capital and make good money if we are lucky and knows how to go about it. Gambling is a move to make money and that is why it is seen like other type of investment we put our money to make more.

Yes, but it won't always be like this. Sometimes you're not looking to make a profit, you're just there for fun, to test some strategy that won't necessarily generate income, etc. So, it's not always about gains, that's my view.

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February 21, 2024, 04:32:40 PM
 #174

I believe that in any investment, there are risks involved that you can never really eliminate. The best way is to make it really low and have that possibility of earning. Ponzi schemes have been rampant because of the wants or greediness of individuals activating their inner greediness to invest in that Ponzi scheme. I think investing in a Ponzi definitely is a bad idea because it's clearly a marketing ploy, but making sure that it's legal is the important thing.

Risk in investments and risk in gambling is quite different but tied up to luck I guess as well.
Quite difference between risk in gambling and risk face with investment, in gambling risk all our money gone after losing match prediction in sport betting or loss in casino games but difference with investment risk although price have been dropped still has opportunity still have investment assets just dropping values only and waiting for recovering to higher price.

Investing in ponzi very bad ideas and better loss money in the gambling, we can speculate with winning possibilities ration in gambling but ponzi investment quite difficult for predicting their site running how long.

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February 21, 2024, 05:50:28 PM
 #175

Gambling isn't an investment except you are owning the casinos but as a gambler you should never consider it as an investment that you have because it's definitely not a good one to actually keep your minds on, most gamblers make this mistake of seeing gambling as an investment they have but unknowing to them that it's just mare risk and nothing more,

The problem is many words get misused or overused to the point they lose their original meaning and two people using the same term can have two different things in mind.
I think what OP is doing is he's using the word investment very loosely, as putting money into something with the hope of a profit. Whereas the word should only be used when there's a reasonable expectation of profits and it's not down to pure luck.
So yeah, investing in gambling would mean investing in ownership in a casino or at least investing in bankroll (which some sites have offered in the past), where your profit is tied to players' losses.

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February 21, 2024, 07:41:52 PM
 #176

I still need more practice to be able to control myself well because I feel like I often lose self-control when gambling. So with more practice, I think it can help me to improve my self-control so that I can prevent a lot of losses.
To be a safe stance with your emotions in gambling, you must understand that it is a game with a highily potential of over 99% Possibilities for you to loose your funds while you stands to be lucky at when you wins.
This is not like an investment platform where when you looses your Capital you strategizes and fund again after finding the errors in your investment. This is a pure gambling which as much you stakes you looses your funds. Infact, sometimes you don't even have to feel so excited when you wins because it is like a returns from the part of funds you have lost all through out.
There is every tendencies that you must loose as much you keep on a continuous stakes
You must be ready about all these potentials about gambling before you must have stepped into the board.
Your eagerness to stake with the insightments that you must win is what you that is usually the problem while gamblers losses their emotions especially when they stakes above what they are not capable to handle if lost.
So if you must build your gambling emotions, you must be ready to undertake whatever outcome that comes out of it. You must be ready to accept it kindly when you lost and stake with what you are capable to lost.

Funding for gambling is necessary so that we don't gamble excessively and can still control ourselves well. We will also try not to spend any more money if the funds we have prepared are almost gone or have even run out. We will also accept the results we get from gambling and will not try to recover losses if we lose.

It is necessary to setting up gambling budgets so you don't stake beyond your budget and your gambling budgets must be determined according to your incomes.
Gambling is of fun game which you literarily can't deposit more of your income in it as much it is not an investment platform unless you are chasing after profits which is really wrong for you because you would tend to fund your gambling accounts over and over even if you counts winnings in some of the days

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February 21, 2024, 08:08:32 PM
 #177

I think investing in gambling is not a good place to invest without thinking it is true that there are no guarantees and the plan will not always be correct gambling styles vary from casino to casino. Unknown results do not go in the right direction in most cases. It is better to go for currencies like bitcoin for investment other than gambling considering your security. It is guaranteed and there will be no fear of missing out just wait patiently and success will come.
Before one finally settles in for gambling, he should ensure he mapped out the strong and weak spots, we should be able to maintain our balance in the system because if one manages loss, it's definitely weigh out of line. Who's scared of executing Investment in gambling? We should totally eliminates the negative thoughts because this brings about failed plans and dormant growth. Investment in gambling is consider a good idea because the projects are significant and yields steady profits as long we know what we're doing.

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February 21, 2024, 11:18:14 PM
 #178

where crypto gambling sites that are already popular in the bitcointalk community are open for investment. first, investment people need trust first. if don't have high trust, aka the gambling website is not yet popular, it's better to make coins and then create ico and bounty campaigns at the same time to build a community of users of the gambling website if the ico is complete.

I believe that if the betting site is advertising here it is already a very good thing, as in addition to contributing to discussions on the forum they also promote their brand in a healthy way.

People consider advertisement as the best form of promotion now, if a gambling site is advertised in this forum then surely gamblers will enter there. Gambling is generally a massive hero accumulation in people's present, the more gamblers are attracted to gambling, the more likely they are to lose. So you should take part in gambling by keeping yourself safe.

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February 21, 2024, 11:29:34 PM
 #179

While investment is a totally different from gambling in the sense that you put your money into something or any business and be expected a profit in return in the nearest future

Generally I would agree but they can be treated similarly in finance since all ventures have risks to capital vs the reward of profitable outcome its surprising how the two may be compared in a variety of ways.   In finance its possible to buy options on an outcome where you either lose that stake or price that varies in likelihood or it pays out on the correct prediction as that outcome came true, that appears alot like a bet in its formulation.    As a consumer you would be taxed as a gambler under those laws equally for a roulette spin or a bet on the closing February price for Gold, this is the case in some countries maybe not the majority but enough that it could be recognized as two industries that converge at times.

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February 22, 2024, 12:46:46 AM
 #180

where crypto gambling sites that are already popular in the bitcointalk community are open for investment. first, investment people need trust first. if don't have high trust, aka the gambling website is not yet popular, it's better to make coins and then create ico and bounty campaigns at the same time to build a community of users of the gambling website if the ico is complete.

I believe that if the betting site is advertising here it is already a very good thing, as in addition to contributing to discussions on the forum they also promote their brand in a healthy way.

People consider advertisement as the best form of promotion now, if a gambling site is advertised in this forum then surely gamblers will enter there. Gambling is generally a massive hero accumulation in people's present, the more gamblers are attracted to gambling, the more likely they are to lose. So you should take part in gambling by keeping yourself safe.


Yes I agree. It's always good to play but always safely regardless of where you found the site. But, as I always say, it's better to have fun and go without the intention of winning, so everything gets better.

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