Benefits of gambling? Yes - it exists! - page 9.

finzyoj

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Quote from: Betwrong on July 14, 2018, 09:48:36 AM

Quote from: rickadone on July 13, 2018, 11:51:44 AM

Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

Well, it is a great way if you actually are gambling with what you can afford to lose. Really, I spend a lot of time on my PC doing some work, and since I have some little fund on by freebitco.in account, I just use some script to the roll with very little bet which if I am spending about 12 hours on my system daily, getting as low as 6000 sats on top of them all is not bad since I am not actually working for it anyway.

From your post it might look like it's possible to have a stable income of 6000 sats daily running a betting script. I personally doubt that because the possibility of existence of such a script has been disproved many times on this forum.

Quote from: rickadone on July 13, 2018, 11:51:44 AM

If everything goes which the chances would be as long as 40 streaks, it is a chance I can take and like I said, it is nothing I cannot afford to lose. Generally, benefit of gambling is far fetched, we all know the chance of losing is high anyway but we still find ourselves going ahead.

I don't know about the multiplier you use, but with 2x it would take thousands of BTC on your balance to survive 40 reds in a row with just 1 satoshi as initial bet. I understand that the script you are using is most likely not a straight forward martingale, but what I feel certain of is that however sophisticated a script was it would be impossible to make a stable income with it.

Well for those who have lots of money it has benefits, not all kinds/levels of people have the same point of view in life. Some people gamble for leisure, fun and forget the outside world. While others gamble to have money that sometimes they become stress in thinking how they will return all the money they spent but of course in gambling if there is a loser it has a winner. The benefits of the winner is it makes them feel happy, alive and increases their money.

Gambling is not that bad. It depends on people on how they will gonna take the gambling.

MMA

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Quote from: ethereumhunter on July 15, 2018, 12:16:56 AM

Quote from: glowing10 on July 10, 2018, 08:11:12 AM

Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it.

in dice games, you will have a bigger chance to lose than the other games because you don't know what will happen in the next round so you might get loss your money. and in other games, you cannot get the benefits from gambling besides of getting lost the money and if you cannot leave the gambling, then don't blame other people to not give a warning for you. although there are any benefits of gambling, you cannot make any money on gambling and you know that the chance to lose your money is bigger.

There is 50-50 chances of losing and winning in gambling games but if you are playing dice game physically. But if you are playing dice game using onling gambling sites, were they have an edge and most of the time they will not let you make a big money from dice gambling. I think we should try to play dice online in physical casino and not online.

ethereumhunter

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Quote from: glowing10 on July 10, 2018, 08:11:12 AM

Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it.

in dice games, you will have a bigger chance to lose than the other games because you don't know what will happen in the next round so you might get loss your money. and in other games, you cannot get the benefits from gambling besides of getting lost the money and if you cannot leave the gambling, then don't blame other people to not give a warning for you. although there are any benefits of gambling, you cannot make any money on gambling and you know that the chance to lose your money is bigger.

Betwrong

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Quote from: rickadone on July 13, 2018, 11:51:44 AM

Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

Well, it is a great way if you actually are gambling with what you can afford to lose. Really, I spend a lot of time on my PC doing some work, and since I have some little fund on by freebitco.in account, I just use some script to the roll with very little bet which if I am spending about 12 hours on my system daily, getting as low as 6000 sats on top of them all is not bad since I am not actually working for it anyway.

From your post it might look like it's possible to have a stable income of 6000 sats daily running a betting script. I personally doubt that because the possibility of existence of such a script has been disproved many times on this forum.

Quote from: rickadone on July 13, 2018, 11:51:44 AM

If everything goes which the chances would be as long as 40 streaks, it is a chance I can take and like I said, it is nothing I cannot afford to lose. Generally, benefit of gambling is far fetched, we all know the chance of losing is high anyway but we still find ourselves going ahead.

I don't know about the multiplier you use, but with 2x it would take thousands of BTC on your balance to survive 40 reds in a row with just 1 satoshi as initial bet. I understand that the script you are using is most likely not a straight forward martingale, but what I feel certain of is that however sophisticated a script was it would be impossible to make a stable income with it.

rickadone

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Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

Well, it is a great way if you actually are gambling with what you can afford to lose. Really, I spend a lot of time on my PC doing some work, and since I have some little fund on by freebitco.in account, I just use some script to the roll with very little bet which if I am spending about 12 hours on my system daily, getting as low as 6000 sats on top of them all is not bad since I am not actually working for it anyway.

If everything goes which the chances would be as long as 40 streaks, it is a chance I can take and like I said, it is nothing I cannot afford to lose. Generally, benefit of gambling is far fetched, we all know the chance of losing is high anyway but we still find ourselves going ahead.

SolomonSollarsNSense

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Quote from: Emitdama on June 23, 2018, 12:12:16 AM

Quote from: noah tall on June 21, 2018, 10:01:10 AM

Quote from: ArnoldChippy on June 11, 2018, 12:00:22 PM

Quote from: ricardobs on June 09, 2018, 05:03:47 AM

Quote from: wildan88 on June 07, 2018, 03:11:46 AM

but unfortunately, the benefits of gambling for ourselves does not exist, because the fact gambling just makes me addicted, and lost a lot of money.
It's my experience that's been playing gambling for a few years. even gambling could not make me a lot of money. but in other ways, I can make a lot of money.

If someone is defending this point and ask you that he would share some points where beneficiary behavior of gambling can be seen towards humans, believe me that man is just making you fool. You must answer him that doesn’t it be a source of destruction for humans? Doesn’t anyone who come here just bears pain and loss every time whenever he just play?

People have already got a lot of benefit from bitcoin, but most of the people got the profit because of the good luck, if you are luck you can really get some good profit from gambling, but it is very hard to say that if someone is getting profit from bitcoin because of their skill and education, because in gambling we mostly depend on our luck.

You are right and fun is the only benefit of gambling, bt the wrong thing is that when you lose your money you will become stress and will feel upset. Therefore I think that gambling for long time has no benefits and the end is always worst. Addicted gamblers lose all their money and leaves themselves in debts. To cover debts gambler becomes criminal.

Not all the gamblers become upset after loss and return again with a win. This is not a common and necessary thing that a gambler gets upset after losing, a real gambler will think for better result in the next game and will not lose hope of wining game. Gambling has many advantages and that is why it is alive in many countries and common in the European countries.

Yeah there are benefits of gambling but not for gamblers. Gambling is beneficial only for casino owners, because they took all the money of Gamblers. Did you see any person who won a lot of money in gambling and now he is spending a happy life with his family? I don't think so that there is any benefit of gambling.it is a bad thing and a bad thing has no benefits.

Betwrong

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Quote from: glowing10 on July 10, 2018, 08:11:12 AM

Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it.

I depends on the multiplier you choose to play with. You can have the exactly opposite situation when you play with high multipliers (this is what I usually do, for example). Yes, the chances of winning are very slim if you bet 1,000 sats with 9900x (or 0.01% win chance), but if you win, you win 0.099 BTC, or over $600, risking only 6 cents. I personally never bet 1k sats with such a big multiplier, but what I do is I bet with 50-100 sats and that's a nice feeling when you win $30-$60 in one click.

Of course I do this for relaxing purposes only, and, to tell the truth, my overall profit in dice is negative, but this game really helps me to relax and that's why it's definitely beneficial for me.

JL421

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Quote from: glowing10 on July 10, 2018, 08:11:12 AM

Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it.

Playing with low percentage isn't a great idea in gambling as there is no way you win a 10% bet 10 times in a row and if you lose a single bet in the middle you are in a loss which kind of sucks. It always better to play with 50% chance or play with a lower bankroll at 1% as for me till now i have always won 1 bet out of 100 rolls in 1% which is good for roi

BlackPanda

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Quote from: glowing10 on July 10, 2018, 08:11:12 AM

Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it.

For me we do not need to do anything when it comes to gambling game. For me there is no point in playing gambling because it will only make us experience the destruction, in fact that when we play gambling then we will not get anything. We will only experience setbacks and we will also lose many chances to become successful people. rest assured that we must do another way that is far more useful and make a lot of money.

glowing10

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Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

The chances of wining are high in dice but also what you win is relatively very small percentage of the amount you risk it. SO say you keep on playing and in between keep on losing so overall you may still be in negative as when you lose the amount is 100% lost and not just a % of it.

Betwrong

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Quote from: MinerHQ on July 10, 2018, 01:26:46 AM

Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

It all depends on how long your roll your dice because some people try to roll for long and end up losing a lot of money in this game. So if you play just for fun then you should be playing for a short while, not like few hours then you may control your losses with smaller bets. But anytime you temp to gain more money and go for bigger bets then you will surely lose more money at the end. I usually roll manually for sometime dice and stop within an hours time because when you play manually you will not like to roll for longer hours.

I too play dice manually most of the time because with auto betting, making thousands of rolls, you increase your chances to hit a really long losing streak. I play with big multipliers, 99x and higher, and I find it entertaining hitting that 0.00 or 99.99 when you were aiming for that.

I can't say about others, but for me gambling definitely has its benefits because it helps me to relax and to work more effectively afterwards. One day I thought, what if I will spend those one-two hours I usually spend on gambling during a day on something which is more productive? And wasn't gambling during that day, but I found out that I had accomplished less than normally in the end of the day.

fullhdpixel

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Quote from: Soots on June 29, 2018, 08:02:55 PM

Quote from: Hazaki on June 29, 2018, 07:56:19 PM

The only benefit that i got over these years of gambling a part from money was mainly friendship . I have tied so many friendships these past years in either casinos i go to or cyber coffee shops where i usually go to study the future sports events and speculate about them , and through these years i have made friends who are very good at speculating what will happen especially with the sport games that they follow the most , having such people in your life doesn't only make it easier for you to speculate and place bets , but also to find another way of spending your time and loose the whole of it on gambling .

Visit BookiePro.fun and you'll be able to find a variety of games to bet on , as a veteran gambler i enjoyed using it and it has a unique user experience that you won't experience elsewhere than at BookiePro.fun !

For me, I generally view playing those gambling games is a good sources of fun and second impressions was just a lucky profit. If other people thought that it will give them sustainable profit along with the fun amusements they had, its totally inappropriate idea. Gambling if not managed and handled well through emotional control, that's your way of being addicted which could lead you to loss of financial stability.

Fun is only in dice game for me and this is the only game that I use to play in gambling. I never gambled for making money because I know that gambling is not a source of making money but a way of losing money. When you lose your money in seconds how it can be beneficial? There are only deficits of gambling and that is that you will lose your money and respect as well.

MinerHQ

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Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

It all depends on how long your roll your dice because some people try to roll for long and end up losing a lot of money in this game. So if you play just for fun then you should be playing for a short while, not like few hours then you may control your losses with smaller bets. But anytime you temp to gain more money and go for bigger bets then you will surely lose more money at the end. I usually roll manually for sometime dice and stop within an hours time because when you play manually you will not like to roll for longer hours.

NewCryptocasinos

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Quote from: bitofc on July 05, 2018, 07:56:08 AM

Some of us use gambling as a stress reliever. No matter if I win or lose I end up having a fun time and forgetting about my daily life. It makes watching sport matches much more exciting. I feel that the less stressed out we are the longer we live. I mean we all die anyways so might as well have a good time and do what makes us feel good.

Absolutely.

NewCryptocasinos

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Quote from: glider101 on July 05, 2018, 08:54:41 AM

Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

Totally agree that you get more playtime for your money, but i think a lot of players like the thrills of playing slots with Crypto and hope to get to the bonus rounds where they can get up to 1000x bet. But of course its also a really easy way to loose your money fast. however you should never bet for more money than you can afford to loose.

glider101

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Playing the dice game is a great way to pass the time, and if you play it conservatively you cant lose all your money.
Its nice that I can roll the dice and only risk a few cents- instead of when I bet sports and there is a few mbtc minimum (chance to lose more).

bitofc

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Some of us use gambling as a stress reliever. No matter if I win or lose I end up having a fun time and forgetting about my daily life. It makes watching sport matches much more exciting. I feel that the less stressed out we are the longer we live. I mean we all die anyways so might as well have a good time and do what makes us feel good.

Fatanut

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Quote from: avikz on May 20, 2018, 02:17:53 PM

Today evening, I was spending some free time by surfing various websites. Suddenly a website caught my attention which talks about the benefits of gambling. I was surprised because negative thoughts about gambling is so common, but positive thoughts are rare to find. So I went ahead and read the entire article. The article actually talks about the positive sides of gambling which I believe everyone should know and it made a lot of sense to me!

The article lists 7 points as the benefits of gambling:
1. Gambling Stimulates Local Economies
2. Gambling Is a Form of Entertainment
3. Gambling Can Take Place in a Safe Environment
4. You Could Win
5. Gambling Contributes to Government Budgets
6. Gambling Creates New Forms of Revenue
7. Gambling is a Form of Game Play

The article is actually a tight slap on the popular belief that "gambling is harmful to the society". So I encourage everyone on this forum to read the article and understand it, especially the non-gamblers! Gambling is not a fools-heaven, it's just another business and an opportunity to the gamblers! Hope this article would clear your mind!

Article Link: https://www.benefitsof.org/what-are-the-benefits-of-gambling/

1. Not really sure about that.
2. Isn't this supposed to be the point of gambling? You can't make money from gambling. Some did, but most can't. It's still debatable that gambling is entertaining. A moment of entertainment in exchange of that much money? Not a good deal if you ask me. Watching Netflix is way entertaining.
3. Not really. I guess it's "safe" when you're inside the casino but anywhere but that, it's not really safe. Gambling happens in other places and when someone gets hot-headed, I don't think it's exactly a safe place.
4. See, "could" that means not "always".
5. Honestly this is the only "benefit" of gambling that I can see. After you have lost money, just remember that some of those money will actually be given back to the society. It's the casino's way to have a good reputation and not be kicked out of the country.
6. Yep.
7. Ugh? Is that a benefit at all?

Pan Troglodytes

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Oh it is mainly point 2. for me. I play only for the entartainment of it, and in a good company to that. I don't quite understand other points, meaning I obviously understand the semantic meaning, but I can hardly imagine that those other points offer any value to me.

jrrsparkles

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Quote from: spiker777 on July 04, 2018, 02:57:01 PM

Of course, there's a lot of benefits to gambling, but they all depend on context. Of course, there's the social aspect, coming together of friends and family, or even communities in national sporting events. Certain games also improve human cognition, contextual reasoning abilities and lateral thinking. However, there is always a trade-off, addiction can happen and that can be destructive, though rare.

No No, the addiction is not rare it is most common and it was experienced by most of the gamblers but the level of addiction is different we may hold our emotions and can control our gambling timing too.But I don't think the gambling will improve human cognition, contextual reasoning abilities and lateral thinking.Because most of us are doing gambling for money.

Topic: Benefits of gambling? Yes - it exists! - page 9. (Read 3187 times)