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Author Topic: The advantage of online gambling | Microgambling  (Read 478 times)
alani123 (OP)
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August 10, 2024, 09:23:33 PM
 #1

Something often overlooked about online gambling is that you can go on online platforms to gamble with very tiny minuscule amounts



So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

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iv4n
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August 10, 2024, 09:30:09 PM
 #2

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

Yes, I take advantage of this, especially when I play some "crazy" auto-betting strategies. And yes, it's a nice way to "kill" some time and have fun with different setups. Even if it's random betting, with some small amounts we don't risk much and we can have some fun.

I tried (and I am trying) to explain this to many people around me, but they don't get it... people (outside crypto) often get confused with decimals, and it's hard to explain to them that in crypto gambling we can have fun even with the smallest amounts.

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August 10, 2024, 09:33:02 PM
 #3

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?
If I want to spend more time gambling, I prefer to use low amount of money. But I think the lowest amount of money that I have seen on a casino but not on bookies before is $0.05. I have seen as low as $0.03 on local betting sites on horse and dog racing before. But I do this not often. Sometime I just prefer to use 5% of my weekly money at once or use it to gamble with martingale strategy which is very short.

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August 10, 2024, 09:37:48 PM
 #4

Something often overlooked about online gambling is that you can go on online platforms to gamble with very tiny minuscule amounts



So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?
Undoubtedly online gambling has a lot of reasons to use online gambling instead of offline gambling. And that is why a lot of online gambling sites going to be popular and popular day by day. And the minimum amount of bets you mentioned is on of the biggest reason why people are using online gambling instead of offline gambling.

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August 10, 2024, 09:45:41 PM
 #5

I've not really thought about this, but yeah it is cool. Both online and offline gambling has its own advantages and disadvantages, so people just play in the one of their choice, or in both. However, the lower the stake, the lower the winnings, but also the lower the risk, and it is good to keep your risk down when gambling, though you can take risks sometimes, but it should happen rarely.

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August 10, 2024, 09:47:15 PM
 #6

Physical casinos has got a minimum amount which are higher than that with the online casinos, when you are playing in an online casino, just like the picture shared by OP, it's very possible with the most minimum, you be able to still win a healthy amount and make crazy sum off it but with physical casinos, you may not really make such good amounts gambling with them because they do not allow for some kind of amount and this is one very big difference and advantage spotted with online casinos over the physical.

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August 10, 2024, 09:56:39 PM
 #7

Gamblers are encouraged to maintain low volatility, even though it can accumulate, it's safe. Some players can't stick to it because they can't win big. That's why after winning with a few cents some players will extend their wagering amount, and then find it hard to spend smaller amounts. It's also a trick, but it's close to demo mode and deserves a shot as a fun gambler who doesn't want to make a kill.

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August 10, 2024, 10:03:56 PM
 #8

You could play the craziest bets and still keep going without going bankrupt.
Yes, on online casinos we can place very low value bets and can enjoy the games that we love. If someone is into online casinos for fun then that person doesn't need to place higher bets and losing of low amount bets won't cause any financial problems for gamblers. However, if they keep place small amount bets throughtout the day then they may still end up losing a lot of money in end if their luck was bad.

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August 10, 2024, 10:37:26 PM
 #9

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.
Physical casinos will have a higher minimum for gambling because they may have more operational costs involving rentage for property if the property they occupy is not owned by them, and then cost to settle the numerous staffs needed to keep the physical casino operational, especially if it is a big place. If Physical casinos allow very small amounts for gambling, at the end of a business year, the profit they would have realized will not be sufficient for the trouble they have had.

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August 10, 2024, 11:21:02 PM
 #10

I've not really thought about this, but yeah it is cool. Both online and offline gambling has its own advantages and disadvantages, so people just play in the one of their choice, or in both. However, the lower the stake, the lower the winnings, but also the lower the risk, and it is good to keep your risk down when gambling, though you can take risks sometimes, but it should happen rarely.

I find Online Betting has many advantages over other forms of betting. This form is extremely easy to use and convenient. You will find the odds online are very competitive, and if you have multiple accounts on different sites, you can shop around to find the best odds for you. Convenient and flexible, players can bet from anywhere and anytime with just a phone or computer with an internet connection. You also have the opportunity to participate in regular reward programs of bookmakers in the form of additional rewards, promotions, and bonuses.
I feel that online betting deposits and withdrawals are done safely and quickly, ensuring the interests of the players. And you'll never have to argue over a bet you don't want at a good betting site. If you bet online, then I recommend you choose the top sites.

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August 10, 2024, 11:30:18 PM
Last edit: August 10, 2024, 11:44:29 PM by AmoreJaz
 #11

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.
Physical casinos will have a higher minimum for gambling because they may have more operational costs involving rentage for property if the property they occupy is not owned by them, and then cost to settle the numerous staffs needed to keep the physical casino operational, especially if it is a big place. If Physical casinos allow very small amounts for gambling, at the end of a business year, the profit they would have realized will not be sufficient for the trouble they have had.

This is the advantage of a small-time gambler playing in online casinos. You can easily bet small amounts and prolong your stay, that is, if you want just leisure betting. Of course, don't expect that you can win big in that amount of bet. Just one click and you can easily change the settings of your bet. Unlike with physical casinos, you will be ashamed betting like a dollar per bet. In online, you can even set it below a dollar, just like what the OP posted.
Talking about online gambling, better to check also the min bet per game because it can vary per game on the casino.

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August 10, 2024, 11:44:45 PM
 #12

So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.
That's an advantage in online casinos that brick and mortar casinos don't have.. Note, this is only an equivalent if it's in your local currency..
It can also help newbies gamble with little stakes, just to test how any game works..



If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?
[/quote]

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August 10, 2024, 11:53:34 PM
Last edit: August 11, 2024, 01:39:12 AM by PX-Z
 #13

So you can play in online casinos games and contrary to other mediums the minimum wagers are very low.
This is right, this is where the fund is starting on gambling, i actually enjoyed playing the lowest amount to bet and test my luck with higher  multiplier and bet automation, or sometimes make or test new strategies. Unlike on offline gambling, these options are not available unless both of you decide to play with such low bets.

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August 10, 2024, 11:55:51 PM
 #14

So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.
That's an advantage in online casinos that brick and mortar casinos don't have.. Note, this is only an equivalent if it's in your local currency..
It can also help newbies gamble with little stakes, just to test how any game works..
Quote
Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?
It's actually a good way though... I mean, you could also take advantage of them multipliers and double chances, wish gives us an advantage rather than the usual single bets.
I have a friend that will only wager on single games, no matter how convincing the probability of cutting it with 2 games are.

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August 10, 2024, 11:59:39 PM
 #15

Everyone should start off small when new to a site, new to a game or bet etc.  You will do far better with such a strategy before playing with your normal amount.  I fully support the idea, the only reason people dont do this is patience I think, people value their time highly and so the winnings being so small matching a smaller bet they do not find valuable to them.

Of course the point really here is to become a master of the game, maximize your confidence in winning & find your direction before you fire up the rockets or you may just hit a wall later.   I found using smaller amounts with slots allowed me to see better the full cycle of win and loss in the game as I proceed. It stopped me getting frustrated and causing myself losses I would be forced to leave the game early.  Ideally a person should split cash between days not just this idea of a smaller bet but envision your full time scale of play and it might require returning another day to actually get the winnings you had hoped for.

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August 11, 2024, 12:09:05 AM
 #16

I also capitalize on these low betting limits because some gambling sites I use don't have any minimum deposit. It might not be as fun when you have a bigger bankroll, but it's still enough to keep me entertained and interested in sports betting.

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher.
I recall this was the case back then when sports betting was still not that popular, then later on some of the crypto sportsbooks started introducing low betting limits.

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August 11, 2024, 12:36:20 AM
 #17

Something often overlooked about online gambling is that you can go on online platforms to gamble with very tiny minuscule amounts



So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?
Pretty sure this is Stake right? I like to use USDT to play high multipliers on dice, minimum bet on dice is .00002000 USDT so you can chase that high multi and not spend a ton. Of course your way might have higher returns than dice at micro amounts, but both hold true. You can have a lot of fun for minimal money.

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August 11, 2024, 12:50:18 AM
 #18

So you can play in online casinos games and contrary to other mediums the minimum wagers are very low. The screenshot above is for horse racing. Imagine that, you can bet on sports with less than a dollar cent. You could use a dollar to play over 100 bets. You could play the craziest bets and still keep going without going bankrupt.
I think this depends on the platform you are playing on. Some platforms require minimum betting that are not at all cheap. Aside from the platform, the game usually indicates how much can you and should you spend for each bet.
Quote
If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher.
I get it since physical casinos have to operate on a much larger more expensive scale. They would need to offer many services and buy many equipment and hire many employees just to keep the business going. So yes online casinos definitely have its perks and being able to do it anywhere you want is one of them.

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August 11, 2024, 01:06:20 AM
 #19

Is this something you take advantage of too? I think it's a nice way to pass time and not have to spend too much, keeping the habit under limit etc. What do you think?

I think this might be different for all games. Some casino games minimum bet is just about $0.05 or 0.005  I've seen though. But then it's still a good reason for someone to want to play using the online casino as they make our gambling life much more easier. But then we should remember fully that such minute bets won't yield much profits as your wins will still be low. It might just be for the fun of it though. I think I've place multiple bets several times using just $1.5 but the profits wasn't much. Just like some said on this thread, both the online casino and the traditional casino has different things they offer which makes users prefer them compared to the other.

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August 11, 2024, 02:01:21 AM
 #20

If we were playing on a horse racing house, a betting shop or a casino there would have been minimums of at least 2.5$ on most games. Sometimes even higher. Sometimes casinos would let minimum spins for slots at 0.2$ but still on the slot you have to wager dozens of times to get anything so it's not really a fair comparison. Physical casinos would only let you bet low amounts on a game you have to lose a lot to get anything back. While for other games the minimums are 5$ or so.
Physical casinos will have a higher minimum for gambling because they may have more operational costs involving rentage for property if the property they occupy is not owned by them, and then cost to settle the numerous staffs needed to keep the physical casino operational, especially if it is a big place. If Physical casinos allow very small amounts for gambling, at the end of a business year, the profit they would have realized will not be sufficient for the trouble they have had.
I agree with that, physical casinos certainly have a higher minimum amount because as you said with the operational costs such as property rent, they clearly use it to bet. besides that I think visitors or players can feel many things other than the bets made. and it is true what you said if physical casinos allow very small amounts for gambling, they are likely to have problems with their income. so I think physical casinos do have a higher minimum amount.

with online casinos there is a low amount and it is the same as the big wins that can be obtained are also limited. but the other side is the risk here is lower because the amount is low.
I myself prefer to do online casinos with low amounts that can make me make bets that lead to longer gambling sessions even though that is also possible.

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