Is this true

[LUCKMCFLY]

Reduction of irrational risks will help in establishment of a sound future and avoid failures in the cycle of irrational actions.

To achieve this, the person has to be aware of and Accept that they have taken unnecessary risks and that these risks do not correspond to the outcome, If the player understands this, then everything is simpler, but if it is a person who does not recognize it, then they will continue in that infinite cycle where only that person suffers.

[whiteblue]

The latest insider predictions on Polymarket regarding political events are the most striking example of this. Those who possess information will be able to profit, but the consequences and responsibility are another matter. Those close to power will face no consequences, but others will most likely be held accountable.

A good example of a political event where someone close or who had inside information took advantage was the US government capturing the Venezuelan president, and I believe that was the reason for the instant motion to prevent politicians from having connections with such bets, either by giving out information about it or betting on them themselves.

Yes, this is a clear example that people who have closer information to policy makers or government leaders will have an advantage over ordinary players who do not have such connections to information data. These big players are certainly willing to pay a high price just to win gambling with credible and trustworthy information from corrupt government members. The behavior in the poly market should indeed be stopped, they need to be limited, but how? I heard that they are anonymous, and it must be a free prediction market.

[leonair]

Is it true that big bettors don't just place bet?
Is it true that some big bettors have stronger data analysts working for them?
Is it true that these people wins more than someone who use small amount of money?

I am not sure about these things whether they are true or not. Because I do not think deeply about gambling. When I want to enjoy gambling, I deposit some amount of money here and continue gambling. And at that time I keep in mind that I will lose the money that I have deleted. When I gamble with this thought, I do not have any fear so I just enjoy the gambling game without thinking deeply. So I do not have a clear answer to how true or false these things you said are. However, those who are professional gamblers or regular gamblers can do this.

[silpersurfer]

Frankly, irrespective of whether or not tales about high-rollers with specialized data analysts and highly sophisticated systems are true, its possible that a few people with significant resources try to play more structured and cautiously. But in reality, that doesnt change the fundamental fact of gambling: the house edge remains.

Mostly, both the rich and the poor end up losers. The difference is mostly in what consumes them. The rich can be consumed slowly as their wealth dwindles while the poor can fall into a far more desolate state. Having more money does not automatically make one wise or safe from loss. 'Following someone else's bets - whoever they are - doesn't guarantee a profit either.' In the end, gambling is a high-risk game that more often leads to losses rather than profits for most people.

[Orpichukwu]

A good example of a political event where someone close or who had inside information took advantage was the US government capturing the Venezuelan president, and I believe that was the reason for the instant motion to prevent politicians from having connections with such bets, either by giving out information about it or betting on them themselves.

Yes, this is a clear example that people who have closer information to policy makers or government leaders will have an advantage over ordinary players who do not have such connections to information data. These big players are certainly willing to pay a high price just to win gambling with credible and trustworthy information from corrupt government members. The behavior in the poly market should indeed be stopped, they need to be limited, but how? I heard that they are anonymous, and it must be a free prediction market.

The prediction website allows anonymous play, but I still believe there are ways they could be able to locate some of those people who bet on such events with overconfidence. There is the type of staking where someone will stake in an event and keep on increasing their number of bets; that should obviously raise suspicions about the person's reason. It will be hard to locate those involved with information leakages or betting on them directly, but if they are being studied, they can be fished out.

[TheUltraElite]

To achieve this, the person has to be aware of and Accept that they have taken unnecessary risks and that these risks do not correspond to the outcome, If the player understands this, then everything is simpler, but if it is a person who does not recognize it, then they will continue in that infinite cycle where only that person suffers.

There are so many gamblers still stuck on this cycle. Then there are people who understand that they are losing good amount of money but cannot control themselves from playing more. Hence it is important to identify the problem and keep aside the emotions associated with it while still controlling the gambling habit.

Big analyst or big bettor does not mean a thing unless the person wins. The ones who eventually understand how casinos work will come aside from casinos and make money from alternate methods like promotions and podcasts to selling books on how to make money. Its a facade they have to put up to cover their debts.

[fruktik]

There are only a few who are really reckless in gambling, some just do it for fun because they’re already making huge money from their businesses. I’ve seen a documentary too about a guy who runs a mattress business and makes millions, yet he regularly goes to Vegas just to burn money at the tables. with that, not all big bettors are serious about winning. Some just have so much money to burn that gambling becomes their way to unwind and enjoy themselves.

I don't really believe that people gamble for fun. Only recently did I reconsider my attitude toward gambling and come to the conclusion that I'm not interested in anything other than profit. Sounds mercenary? Of course, but at least I've stopped fooling myself. If I have money, I'll find other entertainment. Why should I choose a casino when there are so many other hobbies on this planet? So I emerged from my delusions and began to look at certain aspects of gambling differently.

[IsraelK]

Is it true that the main advantages  of bitcoin-betting are:

 No KYC / Privacy first – no IDs, no documents, no personal data sitting on a casino server

 Fast deposits & withdrawals – no banks, no delays, no “pending reviews”

 Global access – bet from anywhere without geo or banking restrictions

 No account freezes for winning too much or “suspicious activity”

 Lower limits manipulation – books can’t quietly nerf your account as easily

 Full control of funds – you custody your money until you place a bet

 Lower fees compared to cards, wires, or e-wallets

 24/7 availability – no banking hours, no holidays

 Transparent transactions – verifiable on-chain

 Designed for bettors, not the house – faster settlement, fewer excuses

[whiteblue]

A good example of a political event where someone close or who had inside information took advantage was the US government capturing the Venezuelan president, and I believe that was the reason for the instant motion to prevent politicians from having connections with such bets, either by giving out information about it or betting on them themselves.

Yes, this is a clear example that people who have closer information to policy makers or government leaders will have an advantage over ordinary players who do not have such connections to information data. These big players are certainly willing to pay a high price just to win gambling with credible and trustworthy information from corrupt government members. The behavior in the poly market should indeed be stopped, they need to be limited, but how? I heard that they are anonymous, and it must be a free prediction market.

The prediction website allows anonymous play, but I still believe there are ways they could be able to locate some of those people who bet on such events with overconfidence. There is the type of staking where someone will stake in an event and keep on increasing their number of bets; that should obviously raise suspicions about the person's reason. It will be hard to locate those involved with information leakages or betting on them directly, but if they are being studied, they can be fished out.

This effort can be done but it seems to require quite a bit of time because it requires the same historical data to see the tendency of an account that they have good access to receive information and the bets are definitely dominated by sustainable profits, does Polymarket require KYC there, it would be much easier to track it, at least we can conduct further investigations if we get player data information, this could be a good capital, because if only relying on gambling tendencies is also quite difficult.

[Lida93]

There are only a few who are really reckless in gambling, some just do it for fun because they’re already making huge money from their businesses. I’ve seen a documentary too about a guy who runs a mattress business and makes millions, yet he regularly goes to Vegas just to burn money at the tables. with that, not all big bettors are serious about winning. Some just have so much money to burn that gambling becomes their way to unwind and enjoy themselves.

I don't really believe that people gamble for fun. Only recently did I reconsider my attitude toward gambling and come to the conclusion that I'm not interested in anything other than profit. Sounds mercenary? Of course, but at least I've stopped fooling myself. If I have money, I'll find other entertainment. Why should I choose a casino when there are so many other hobbies on this planet? So I emerged from my delusions and began to look at certain aspects of gambling differently.

We all can't desire same thing from gambling even though it may appear to be untrue that some person are actually gambling for fun yet it doesn't puts to lie that there are people who really are cool with just being entertained with all the fun they can get from gambling even before thinking about the profit. There are lots of mediums to get entertainment of which gambling is one of such which certain person chooses among the many mediums. What's different about gambling is that it's a form of fun that carries reward with it if you're lucky you enjoy both fun and the rewards at once