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Author Topic: The advantage of online gambling | Microgambling  (Read 478 times)
danherbias07
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August 11, 2024, 04:51:20 AM
 #21

Just to add, there are still slot games with a minimum of $0.1 per roll so yes, it can also be microgambling.

True, we should take advantage of this if we are just looking at gambling as entertainment for us. Sports betting has the same minimum of $0.009 per bet which means we could try jackpot games by making a long parlay. I mean, it will be fun to make a very long list of your bets and see if you can get lucky.
There's also a way to make some money by cashing out early as long as there are no ongoing games. I've done that for a lot of times and I somehow made money out of it but do not expect too much because it needs monitoring which could be stressful sometimes.
Still, for those who are looking for fun while aiming for a jackpot prize, this is a good way to do it and it won't hurt your wallet that much.

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Davidvictorson
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August 11, 2024, 05:59:51 AM
 #22

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 didn't know I could do this. But of what use will this advantage be to be. With what I am thinking right now I am not going to win any thing significant. It's just not possible. And instead of using this to pass time, I'd rather use the demo mode. That way, I know I am actually playing for free with spending a cent and not getting anything out of it. I'd rather accumulate to cents until I am sure that when it reaches a significant betting amount, I can bet and hopefully get something out of it in return.

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DaNNy001
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August 11, 2024, 06:10:59 AM
 #23

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?


Online gambling has it's downsides but I can agree with you on the fact that an advantage of it is been able to stake extremely small amounts of money, I'm into sports betting so my preferred bookie is sporty bet, this online betting platform allows you to stake less than a hundred naira, bet pawa also gives you the option to fund your account with airtime just Incase you are out of cash.. online gambling is quite easy to access, it saves you the stress of walking to a land based center. One disadvantage of online gambling is the addiction that comes with it

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August 11, 2024, 09:07:00 AM
 #24

Actually you can bet lower than 0.9 cent, if you use worthless coin like XRP where currently it's worth $0.5/coin and you only bet 0.00000001 XRP, that's really low and I believe everyone can afford to lose such amount.

But, will people bet such low amount for a long time? I really doubt it because there's no adrenaline when you bet too low and when you frequently win, you will regret for not stake higher.

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August 11, 2024, 09:30:22 AM
 #25

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 especially like to bet small, so that the money lasts. And even so, in $0.20 slots I have won more than $100 that I withdrew instantly.

I remember playing with Dogecoin years ago in a casino with tiny amounts in the fiat countervalue.

Actually you can bet lower than 0.9 cent, if you use worthless coin like XRP where currently it's worth $0.5/coin and you only bet 0.00000001 XRP, that's really low and I believe everyone can afford to lose such amount.

Oh, OK, so it's about shitcoins usually that you can bet with lower amounts. It's been a few years now that I only use btc.




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August 11, 2024, 09:44:45 AM
 #26


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.


It’s normal that betting shop has a high minimum amount of bet because they are paying more operational expenses than online casino. Imagine they have operators processing bets and printing your tickets that has a cost while you will be a cents which doesn’t bring profit compared to the cost just to process your bet.

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?

I don’t think microgambling as an advantage since it doesn’t give you more chance of profit. If you want to bet low amount then just watch the game without wasting your time for a cents of profit/lose depending on the outcome.

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August 11, 2024, 09:45:07 AM
 #27

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?

I see in many different casinos that I play that the sport book part there most people are playing crazy odds ranging from 1000 to over 1 million with the minimum amount as I have seen 120 IDR or 0.0075 dollars which is even lower than the one provided in the pic above.I do copy these kind of bets when I am low on cash or better I did use to copy such bets and hoping for the best but so far none of them for so many days have come through,of course I don't care for less than one cent bets as they can go and lose all and still not care much as max I have used is 1-2 dollars.

Now I have found a better way,I play poker free rolls or low entries like 0.5 to 1 dollar entry and it is very fun and entertaining.

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August 11, 2024, 09:51:11 AM
 #28

Actually you can bet lower than 0.9 cent, if you use worthless coin like XRP where currently it's worth $0.5/coin and you only bet 0.00000001 XRP, that's really low and I believe everyone can afford to lose such amount.

But, will people bet such low amount for a long time? I really doubt it because there's no adrenaline when you bet too low and when you frequently win, you will regret for not stake higher.
Dust gambling is even more interesting. You risk an amount so low in value that the implications are weird if you take them into account in detail.

The resources spent to show you the wager results, simply having a visitor on the page... Surely server costs must be higher than 1 millionth of a cent. So unless a gambler puts through millions of such bets then it it's noth a worthwhile endeavour for the platform. So many gambling platforms have banned dust betting and try to focus the bets they take on amounts closet to the value of $0.01.

Of course with games like dice where indeed there are many strategies involving incremental increases in bet size it might make sense to start low. For instance stake still allows dust amounts on dice, but not as low on Satoshi amounts on coins that are worth less than a dollar.

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August 11, 2024, 09:52:00 AM
 #29

Taken advantage of? less likely to. More of a grind with a slow bleed out.

One can put in a 100$ bill and run some autobetting strategies if they are feeling adventurous but I think the main attraction is to attract lower amount of deposits to get started on the games. That and the hope that these small capital gamblers will eventually bring in more money in the game.

That what the casino would want, to get them addicted quickly and smaller amounts makes that process simpler.

 
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August 11, 2024, 09:53:55 AM
 #30

---
Your points are very true about online gambling, but there are also a few disadvantages, i.e. people find it easier to gamble in online casinos, because all you need is just an internet connection and funds, but due to this ease, people can get addicted to gambling, i am not saying you cannot be addicted in offline casinos, but it is easier to happen in online casinos.

There is also the risk and disadvantage of underage gambling in online casinos, which does not happen often in offline casinos, because casino staffs are there to monitor and check those things.

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August 11, 2024, 10:29:28 AM
 #31

Usually people who did micro gambling because they only want to spend their time to gambling but not to gets profit because to gets profit from this option it's quite hard because what we can expect from $1 amount of capital and $0.001 as initial bets because i am sure although people got profit from those bets then it means nothing because the profit even cannot covered the fees if people want to withdraw their money

And for me personally i have been took the advantages from these option plenty and usually i was bets on low amount which my initial bets is $0.0001 or sometimes lower than that amount as my inital bets on dice game and usually i was setting to 9900x multipier and 0.001% chances of winning and i didn't expect to won from this bets but only to testing my luck

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August 11, 2024, 11:39:56 AM
 #32

We could enjoy gambling even just having 10$. We could think that online casinos are not making huge profits, but with the growing number of online gamblers these days, they might be making more than offline casinos. I'd like to say how effective their strategy is in making poor people their target and letting them gamble.

That is, we really feel that online gambling will affect physical casinos in the sense that gamblers don't need to go out of their house to gamble. This not only saves their time but also gives them convenience.

But there is something I'm worried about in the future: that more young people and even kids may be exposed to gambling. 

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August 11, 2024, 11:44:18 AM
 #33

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.
If you are gambling to pass time and for fun, it is good to lower the amount because it will lower the risk like you said and will also make you enjoy the fun more.

Taking risk should not be done at all as a gambler because that is when we will use an amount that will affect our emotions when we lose the bet which should not be so. I love betting with low amounts because I am not to bothered about the profit but the pleasure I derive is what matters to me and I get get lucky and make profit, It will be more than entertaining.

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August 11, 2024, 11:52:35 AM
 #34

~
True true. I've often done this at times I just want to play a lot, I play the minimum amount possible and just keep spamming the game lol. I know the wins can be negligible but hey, I didn't start gambling with the mindset of wanting to hit a winning amount, I just wanted to play a lot. Idk how it goes offline but I reckon it's as you've said OP, which is probably why I'd never go to one. Maybe if I wanted some thrill or am playing with some friends but otherwise, online all the way.

 
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August 11, 2024, 12:01:21 PM
 #35

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?
oh definitely. it is one of the things I look for when on a casino. As you mentioned, it is a nice way to pass the time and not have to spend too much, it is a great way to try new things on the gambling game that you like or if you are trying a gambling game that you are not that familiar with.

also, if I remember correctly someone here in the casino did an experiment on martingale and bet on the lowest possible amount and see what the result would be after he was done with the experiment. sadly I couldn't remember if he came out with a profit or not.

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August 11, 2024, 12:18:09 PM
 #36

Wherever you playing gambling, whether it is an online or offline casino, you must control yourself. If you can use smallest bet, you can place that amount to bet and not increases to the high bet because that can makes you lose your money fast. In online gambling, you can place the small bet than in offline gambling but that will not just the advantage that people search from playing gambling.

Maybe the other people will not thinks about that because they want to meet other people in the offline casino and place their bet without thinks about the small bet or high bet. They want to get fun from playing gambling and that is what people thinks when they playing gambling in the online gambling. If we can take care of ourselves when playing gambling, we will not spend too much money and will keep aware of the losing and will stop our gambling activity so we don't have to lose much money.

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August 11, 2024, 12:18:24 PM
 #37

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Your points are very true about online gambling, but there are also a few disadvantages, i.e. people find it easier to gamble in online casinos, because all you need is just an internet connection and funds, but due to this ease, people can get addicted to gambling, i am not saying you cannot be addicted in offline casinos, but it is easier to happen in online casinos.

There is also the risk and disadvantage of underage gambling in online casinos, which does not happen often in offline casinos, because casino staffs are there to monitor and check those things.
online casinos are currently popular and have become one of the games that are quite widely played by the public and I think this is because of the easy access to do it, moreover there is a reward side which I think is the attraction for everyone who wants to get money easily, but unfortunately those who only think that gambling can make money will only become addicted, this applies to online casinos but maybe also to physical casinos.

strict monitoring I think it only exists in physical casinos, for online casinos I don't think there is such a thing. now with so many people doing online casinos I think because there is no monitoring or restrictions set, anyone can do it if they meet the requirements such as having funds and an internet connection besides that for now everyone is familiar with the name of the internet and gadgets so this clearly makes it easier for them to get to know online casinos because of course when they are familiar with the internet and gadgets then they will get to know others such as websites, applications, social media.

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August 11, 2024, 12:24:37 PM
 #38



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?

If you want to just have fun and bid a time, this is good for you, but it's not challenging. There's a lack of excitement in doing this. Imagine you have a long run of winning in the end; you will just win $5 to $10 compared to if your minimum bet is $1 or more.

But I agree that online casinos with minimum bets like that are good for having fun for those who are not really playing to make money but just to enjoy the game. However, you cannot play like that for a long time. There will be a time when you want more if you see that you always have a winning trend in your betting pattern.

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August 12, 2024, 10:28:45 AM
 #39

Small bets are good for beginners. This is what I do from time to time to get used to and understand some games. In addition, the advantages of online casinos are also that you can play at any time, and you do not need to waste time going to the casino. It becomes just entertainment at a convenient time and does not bring big disappointments when spending minimal amounts.

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August 12, 2024, 11:26:54 AM
 #40

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.

This depends on the aim of every gambler, for those that wants to gamble just for fun they're better off with the strategy of micro gambling as the subject of this thread implies. Although the reward won't be much when they win but they know that they can gamble without worrying about whether they will lose or not. Unlike gamblers who go for high stakes, they'll worry about losing their money and this reduces the fun in gambling. It can be tricky when you play with a small amount and win small, you'll be tempted to increase your stake to test your luck, and if you don't have a control to gamble with small amounts then you'll upgrade automatically to higher stakes.











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