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Author Topic: The advantage of online gambling | Microgambling  (Read 478 times)
Viscore
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August 12, 2024, 01:20:13 PM
 #41

No offense but I feel like I'm just playing a demo when betting on games with less than a dollar. I think it varies from gambler to gambler because the size of our bet determines the kind of excitement we feel. Some people might be happy with less than a dollar, but personally, I don't feel the thrill betting within that range. My range is around $10 or more, with a max of $100, but beyond that, I can't handle the pressure. As gamblers, we stick to the level of bets we're comfortable with.
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August 12, 2024, 03:44:14 PM
 #42

The low entrance of internet gambling changes everything. It like letting everyone access the VIP room. Getting in on the activity requires not a huge wallet. For casual players - those who simply want some fun without endangering the farm - that is very huge.

The game is evolving as technology makes betting possible. Actually, this is a wise action. greater people playing implies greater activity even if the stakes are low. Maintaining people's interest is vital, hence micro-bets help to do that.

Indeed, there is a learning curve. Still, its far better than losing your shirt on your first hand. Its an opportunity to pick the skills without suffering burn-through. We should pay close attention since technology is changing our gambling behavior. Folks, its a totally different ballgame.

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August 13, 2024, 05:40:12 AM
 #43

No offense but I feel like I'm just playing a demo when betting on games with less than a dollar. I think it varies from gambler to gambler because the size of our bet determines the kind of excitement we feel. Some people might be happy with less than a dollar, but personally, I don't feel the thrill betting within that range. My range is around $10 or more, with a max of $100, but beyond that, I can't handle the pressure. As gamblers, we stick to the level of bets we're comfortable with.
it is true, we all have a bet amount that makes us comfortable besides that the bet amount must also be adjusted to the ability. I have a friend who does online casino gambling using the smallest bet amount when I see it, it feels boring because I myself, like you, prefer to do it with a bet amount that seems big. but that is our own choice because maybe what my friend did was his ability to gamble with a low amount.

the existence of online casino gambling certainly makes it easier for many people to do it, especially for those who really like to gamble but have to step foot first to go to a gambling place of course it will take time, with the existence of online casino gambling this is a solution for those who want to gamble without having to step foot. and I think for now there are indeed many people who do online casino gambling.
besides that the advantage for the casino is that they can get bigger profits because the existence of this online casino covers more people of course. therefore the profits will be even bigger.

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August 13, 2024, 05:59:03 AM
 #44

I would argue OP. Minuscule amounts means small loss and at the same time miserable winning. One can break a sweat until he will get a tangible benefit when betting on, let's say, 25 cents. Being online a prefer  the sets which are not less than $10. Microgambling is just a waste of time which is the most valuable and    irreplaceable  asset  I have.

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August 13, 2024, 06:21:18 AM
 #45

Using the minimum gambling amount in online casino would especially be of interest to gamblers whose mindset is to gamble for fun due to how much of a stretch time it gives. Like imagine planning to spend $20 to gamble for the day using $0.5 for each section. It doesn't only allow you a long time in enjoying and having fun with your gambling but at same time help in making sure you enjoy more & risk less money. Unlike those gambling for high profits, using such micro bet amount would seem like a waste of time because their potential win won't be that much.

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August 13, 2024, 12:43:58 PM
 #46

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.

In my opinion I think people who gamble offline have more financial control than those that gamble online, with money in your bank account it's very easy to fund your bet account and keep playing even though you are losing, I might be wrong but I think the psychological trap gambling puts you in can be controlled in offline gambling but whichever one you decide to go with risk management is very essential

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August 13, 2024, 03:09:52 PM
 #47

No offense but I feel like I'm just playing a demo when betting on games with less than a dollar. I think it varies from gambler to gambler because the size of our bet determines the kind of excitement we feel. Some people might be happy with less than a dollar, but personally, I don't feel the thrill betting within that range. My range is around $10 or more, with a max of $100, but beyond that, I can't handle the pressure. As gamblers, we stick to the level of bets we're comfortable with.
It means the target audience isn't for you since you can afford to lose for $10 to $100, some people are really worried with the money they have, so they can only afford to lose less than $1. It doesn't matter whether they rich or poor, the rich can be stingy and not willing to lose any money.

At least in online gambling you can gamble with tiny amount of money, in land based casino, you can't.

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August 13, 2024, 03:51:32 PM
 #48



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?

Yeah, I always do the minimum on games I'm playing. This is to pace myself and the condition of my mind. I usually bet manually, bet the minimum so I can check the pattern. Not that I'm checking for a way to win or beat the house, but to challenge my mind to find the best pattern.

This is good for small and medium bettors. The worst thing is to bet everything in one go and lose everything. Betting should be fun, so it's better to bet to the minimum first and then increase your bet so you can condition yourself, for the real fight.

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August 13, 2024, 04:14:33 PM
 #49

Though I am not a big fan of you using horse racing as an example, as I find it to be incredibly cruel and wrong, and completely agree with your overall premise that the microgambling aspect is a really nice "feature" of online casinos and honestly something I really didn't think about until just reading your thread.  One way I tend to waste money at in person casinos are these higher limits.  Often times I go to casinos that are smaller and they just don't have too many options for betting amounts, not like Vegas has, or at least certain places in Vegas, so it's definitely nice online not having to deal with high buy ins.

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August 13, 2024, 05:04:08 PM
 #50

No offense but I feel like I'm just playing a demo when betting on games with less than a dollar. I think it varies from gambler to gambler because the size of our bet determines the kind of excitement we feel. Some people might be happy with less than a dollar, but personally, I don't feel the thrill betting within that range. My range is around $10 or more, with a max of $100, but beyond that, I can't handle the pressure. As gamblers, we stick to the level of bets we're comfortable with.
It means the target audience isn't for you since you can afford to lose for $10 to $100, some people are really worried with the money they have, so they can only afford to lose less than $1. It doesn't matter whether they rich or poor, the rich can be stingy and not willing to lose any money.

At least in online gambling you can gamble with tiny amount of money, in land based casino, you can't.

Not only because he can afford to lose such amounts, but because it doesn't seem that he is interested in gambling in such a way.

I remember that seoincorporation used to gamble very little amounts, because he liked to place thousands of micro-bets. And this is only possible with crypto microgambling. But I understand that this is not for Viscore, as it is not for me either. Different players, different ways we like to play...

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August 14, 2024, 12:13:41 PM
 #51

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 have actually staked with such a low amount on Stake.com casino, and the game I staked on was Baccarat. The advantage is that you can have fun on some of your favorite games with just a balance of $5, and you can play for a long if you continue to only stake with such a small amount of $0.009, but the disadvantage of such a microbet is that the profit is small, and it is not a preferable option for those that are gambling mainly for profit. I actually love the fact that I can stake multiple times even with just $1, even if I get to lose the one dollar, but before then, I must have staked more than a hundred times. 

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August 14, 2024, 01:45:47 PM
 #52

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 do consider this min bet to be good then it would be that great on which we know that not all would really be betting up $1 or more on every roll or even into those higher amounts. There would really be those individuals who would really be loving on doing less just because they do only have that small bankroll and having those plans that make their gambling session would really be prolonged out.
Its not really that bad to consider out but we do know that this isnt really that a major thing because on the time that you do found that these min bets arent making those good wins then it would really be be making you that getting bored and here comes that you would really be making up adjustments into your min bets. Well, this is something that will be that on case to case basis since not all
gamblers would really be the same. There would really be those people who would really be wanting on smallest per roll as possible without getting bored.

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August 14, 2024, 01:51:00 PM
 #53

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 have actually staked with such a low amount on Stake.com casino, and the game I staked on was Baccarat. The advantage is that you can have fun on some of your favorite games with just a balance of $5, and you can play for a long if you continue to only stake with such a small amount of $0.009, but the disadvantage of such a microbet is that the profit is small, and it is not a preferable option for those that are gambling mainly for profit. I actually love the fact that I can stake multiple times even with just $1, even if I get to lose the one dollar, but before then, I must have staked more than a hundred times. 

Yeah right, I like the comment about microgambling is not preferable with gamblers seeking for profit since it’s very hard or almost impossible to get a decent profit for doing microgambling not only because of small stakes but all the house edge of all casino games will make you guaranteed at loss for long term gambling.

I’d rather use the demo mode of casino games rather than bet using the smallest amount if my intention is just to be entertained on pure games not by gambling. Because it will be such a waste if you are experiencing a very solid winning streak while while you are betting in very low value.

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August 17, 2024, 12:51:29 PM
 #54

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 have actually staked with such a low amount on Stake.com casino, and the game I staked on was Baccarat. The advantage is that you can have fun on some of your favorite games with just a balance of $5, and you can play for a long if you continue to only stake with such a small amount of $0.009, but the disadvantage of such a microbet is that the profit is small, and it is not a preferable option for those that are gambling mainly for profit. I actually love the fact that I can stake multiple times even with just $1, even if I get to lose the one dollar, but before then, I must have staked more than a hundred times. 

Yeah right, I like the comment about microgambling is not preferable with gamblers seeking for profit since it’s very hard or almost impossible to get a decent profit for doing microgambling not only because of small stakes but all the house edge of all casino games will make you guaranteed at loss for long term gambling.

I’d rather use the demo mode of casino games rather than bet using the smallest amount if my intention is just to be entertained on pure games not by gambling. Because it will be such a waste if you are experiencing a very solid winning streak while while you are betting in very low value.

I think you have a point here, rather than lose that small money in microbeting, it's better to just gamble on the demo account for fun. Although, not everyone would want to use the demo section because it doesn't involve real money, some will still prefer the microbet because it involves real money and they believe that they can be able to multiplay the money through the microbets. I think I have read a comment somewhere on the forum where a member explains how he managed to increase his $5 casino bonus to $50+ through the roulette game.

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August 17, 2024, 12:56:55 PM
 #55

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?

It is definitely an advantage that crypto casinos can offer, but I'm not sure how much it helps the gambler in reality. I suppose if someone gets enjoyment out of placing micro size bets and getting micro size payoffs there is an upside to it. However even in real world casinos and arcades you'll quite often find penny slots, although I imagine they are being phased out because the weight of all the coins can make them rather inefficient for the casinos that offer them, since they have to collect and cash all the coins at a cost. It's true, this is one place that crypto wins and it actually helps people in countries where the cost of living is much cheaper. To an American one dollar might not seem like much, however in certain countries that same dollar can stretch very far.

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August 17, 2024, 01:27:02 PM
 #56

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?
That is something I used to take advantage in the early days as a Bitcoin adopter. I had some fun playing with few satoshis I earned from faucets by placing small bets such as 1 satoshi. Moreover, microgambling also helped me to understand the real nature of gambling game without having to lose considerable amounts of money on the process.

I remember to have had the wrong perception about gambling as something I could make constant income from through the usage of dice bot. But since I played only with small funds, I just lost a minor budget until finally learning that I couldn't make it work in a profitable way the more I played. Microgambling is a good approach towards gambling, especially for newbies who are still getting familiar with the concept or for those who don't have a lot of money to risk betting.

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August 17, 2024, 01:33:22 PM
 #57

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


Your observations are correct about online casinos. Recently, the minimum deposit in physical casinos in my country has increased due to inflation. Now one needs to deposit a high amount to play a particular game. But online gambling gives better lower options. You could enjoy a long time playing your favorite games with little funds. This makes online casinos the best training ground for new gamblers since they can learn without losing so much money. But some online minimum withdrawal limit is high, which is in contrast with brick-and-mortar casinos that can remit lower sums to gamblers.

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August 17, 2024, 01:43:18 PM
 #58

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?
Have you ever been to offline or land based casino and played some sports betting games there? As well as slot games; and can confirm or prove your claim here to be true?
I am not doubting the fact that placing bets online is cheap on most online casinos, like for example, placing a bet on sports on Stake, the minimum is around $0.004 or so, I don't know about other casinos since I rarely do sports betting outside stake.
And playing slot on stake, the minimum for some slot games is $0.2, while for some others, it's $0.1, I am not doubting all this, but what I am trying to point out is that it's almost same as offline casinos.

But then, let me just say that how cheap or expensive it is to play on land based casinos depends solely on the country the gambler lives in, like over here in Nigeria, we can still place bets with as little as 50 Nigerian naira, which is equivalent to around $0.035 or so based on the current exchange rate.

If I live in a country where I will have to spend a $5 on a bet as a minimum, then I will definitely only play online, because for me, this is too expensive, as small as this seems, not everyone can afford to lose this amount in one go.

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August 17, 2024, 02:03:28 PM
 #59

Yeah, that is one of the advantages of the online gambling platform that makes it easy for gamblers with limited capital to try their luck to get more money from betting. And that is also the reason why the online casino platform is better, because no one will try to incite you to bet more money when you have less money or someone will act strangely when you only bet 1 dollar.

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August 17, 2024, 02:08:36 PM
 #60

That is something I used to take advantage in the early days as a Bitcoin adopter. I had some fun playing with few satoshis I earned from faucets by placing small bets such as 1 satoshi. Moreover, microgambling also helped me to understand the real nature of gambling game without having to lose considerable amounts of money on the process.

I remember to have had the wrong perception about gambling as something I could make constant income from through the usage of dice bot. But since I played only with small funds, I just lost a minor budget until finally learning that I couldn't make it work in a profitable way the more I played. Microgambling is a good approach towards gambling, especially for newbies who are still getting familiar with the concept or for those who don't have a lot of money to risk betting.
I can totally relate to what you're saying. My first gambling experience was with Bustabit several years ago, betting micro amounts of Bitcoin, which were then available through their faucet. It's honestly nice to have the ability to play just for fun without risking too much money, with minor bets of a few cents to kill time, and who knows, you might hit the jackpot and win a few bucks in return.

Physical casinos might not even allow you to enter if you're not fancy-looking, while I'm unsure what the minimum betting amount is. I've seen in movies that the slot machines take quarters, but I've no idea if that's close to reality.

 
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