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Topic: Casino games plebs like us must play - page 11. (Read 4371 times)

hero member
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January 06, 2023, 06:44:29 PM
If you play in a casino against an AI, I think it is impossible to beat it, or to have good profits because I find it very difficult for the AI to beat it, it is something that can happen in any case, if a casino applies that in poker then what hope is there for We are the players and we don't have much experience, that's why I like having to play in casinos where you have a lot of people and that you play against them, it's just better for me and how I see these games is possible, but there are no casinos that offer those options, my 'question is why? is not profitable for them? they may not have a lot of winnings but they would have plenty of people going in and out of the casinos.
I don't think that it's provably fair. Mostly that even if you try to beat that, it's very unlikely that you'll be able to defeat it. Well, you just try this out in some games that AI is an option and you'll get to see how it's hard to beat the system against it.

But, it's just going to be for some games and not that usually applicable for games that could really be avoided by players. So, if there are casinos that implements it on a poker game, why would you stay on that if you know that it's unbeatable to be there?
hero member
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January 06, 2023, 05:59:25 PM
Blackjack is my favorite gambling game and I had big hopes of profit playing it, but when I play it seems the cards are completely against me for several following rounds. Does the advice on this thread includes AI Blackjack games, or only live games where the croupier is a real person? Anyway, the AI Blackjack should be provably fair, no?
If you play in a casino against an AI, I think it is impossible to beat it, or to have good profits because I find it very difficult for the AI to beat it, it is something that can happen in any case, if a casino applies that in poker then what hope is there for We are the players and we don't have much experience, that's why I like having to play in casinos where you have a lot of people and that you play against them, it's just better for me and how I see these games is possible, but there are no casinos that offer those options, my 'question is why? is not profitable for them? they may not have a lot of winnings but they would have plenty of people going in and out of the casinos.


Against Bot or AI isnt something a game that you could easily be able to deal with or something that could be easily be beaten up and this is why its really that understandable that there would really be doubts on taking or dealing up with some game specially with those strategic card games or something in related.You cant really be sure on whom you are fighting for or could really be called a legit opponent.
We do have those assumptions that you are fighting with a bot and its been made up by the platform itself which causes for us to have that less winning chance
which is really something that a common outcome.
sr. member
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January 06, 2023, 04:20:44 PM
Blackjack is my favorite gambling game and I had big hopes of profit playing it, but when I play it seems the cards are completely against me for several following rounds. Does the advice on this thread includes AI Blackjack games, or only live games where the croupier is a real person? Anyway, the AI Blackjack should be provably fair, no?
If you play in a casino against an AI, I think it is impossible to beat it, or to have good profits because I find it very difficult for the AI to beat it, it is something that can happen in any case, if a casino applies that in poker then what hope is there for We are the players and we don't have much experience, that's why I like having to play in casinos where you have a lot of people and that you play against them, it's just better for me and how I see these games is possible, but there are no casinos that offer those options, my 'question is why? is not profitable for them? they may not have a lot of winnings but they would have plenty of people going in and out of the casinos.

hero member
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January 05, 2023, 01:25:22 PM
One of the objectives of gambling is to give entertainment to the players and one of these is winning the game which really gives a lot of fun to them, other gamblers is already big names and big funds players which is wanting to seek fun if they win well they gain profit if they lose its just nothing because its all about entertainment to them, other people are seeing the gambling as part of their lifestyle that seems like its their job they must need to earn before quitting the game its all about their luck base of playing gambling, its not ideal if you are just a normal person with a minimum wage of earnings. 
Gambling can certainly be a source of entertainment for many people, and the excitement of potentially winning can add to the enjoyment. However, it is important to remember that gambling should always be approached with caution and within one's financial means. It is not advisable to rely on gambling as a source of income or to gamble more than one can afford to lose. It is also important to choose reputable and licensed gambling venues to ensure fair play and the safety of one's funds. It is always a good idea to set limits for oneself and to gamble responsibly.
legendary
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January 05, 2023, 09:40:54 AM
The people who are looking for casinos have very different objectives, those who are very millionaires want, apart from being in a casino and being seen, and pretending what they have is necessary for them to play with a lot of money to demonstrate their power, some go with the intention of multiplying their money and they end up losing a lot of money, some go home clean, others leave for fun and even though they don't have much money to survive, they have it as a vice but it is something that makes them happy and that's dangerous but they can live with it. Those who are quite professional have everything calculated, they play, they have fun and when they reach their limit that they will be willing to lose, then they retire without regrets, that's how I classify them.


One of the objectives of gambling is to give entertainment to the players and one of these is winning the game which really gives a lot of fun to them, other gamblers is already big names and big funds players which is wanting to seek fun if they win well they gain profit if they lose its just nothing because its all about entertainment to them, other people are seeing the gambling as part of their lifestyle that seems like its their job they must need to earn before quitting the game its all about their luck base of playing gambling, its not ideal if you are just a normal person with a minimum wage of earnings. 
legendary
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January 05, 2023, 08:10:22 AM
I'm not against the use of the Martingale System, I'm merely trying to debate if it's truly an effective betting system to help plebs like us win some money in the casino. I have heard others trying to argue that playing casino games is not for profit/just for entertainment. OK, but perhaps using the Martingale System might make the entertainment last for only 10 minutes in the casino because you doubled your bets to zero. Hahaha.

But as you posted, maybe someone likes to play like that. Cool

I am against martingale system and I think this is one of the worst gambling approach.
You need an endless wallet to be able to reach a win/profit with Martingale system. there are tons of explanation about it, any gambler must be aware of that. also the final result. You will get a win of the initial amount even if you doubled your bets a lot of times. It means you're getting an high risk for a minimum benefit!
Another reason I don't suggest this gambling approach, also because this is the mental result for "addiction". I will bet more/doubling my bet so I can win...


I believe the same argument can be applied in day-trading. If a day-trader's stop-loss has been activated repeatedly and it has caused him lose 20% of his capital, should his next trades be double in size before he lost 20%? NO, that would be stupid, he SHOULD make his trades smaller in size to preserve capital, and wait for a better/bullish situation in the market. If he doubles his/her trades during losing streaks, he will have NOTHING by the time everything is bullish again.

Some people would say that a stop-loss at -10% is the best way to make sure you loose 10% in every single trade. The best moment for trading (if any) are when volatility is high, and that means large variations - so before you get to the profit zone it is likely that the variation has exceeded your stop loss a few times and gotten you out of the deal. I guess that is why day trading requires bravery and perhaps, ignorance.
legendary
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January 05, 2023, 05:25:35 AM
~

I’m cautious too when it comes to martingale because you never know when the massive lose streak hits hard. I remember I have 0.1BTC with 200 sats base bet burned on a 50% winning percentage martingale strategy. Dice game is full of surprises and sometimes you can’t stop thinking if it’s rig or not because of this long lose streak that can occur anytime since I’m leaving my bot playing dice.

After that, I only use martingale strategy after encountering 8 and above lose streak to start increasing my bet so that I will have extra 8 bets for my bank roll.

Haha, I remember using the same strategy when only starting with dice. Then I dropped it. And not only because of my personal experience, but rather because I understood that it was as pointless as so called "prerolls". It's like written in stone, it's in the code of any fair dice game that each roll is absolutely independent from all the previous ones. Those "extra bets" exist only in our head. In reality you are always starting anew.
legendary
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January 04, 2023, 01:29:59 AM
Blackjack is my favorite gambling game and I had big hopes of profit playing it, but when I play it seems the cards are completely against me for several following rounds. Does the advice on this thread includes AI Blackjack games, or only live games where the croupier is a real person? Anyway, the AI Blackjack should be provably fair, no?
Quite right!  Of course this game must be built using the provable fairness mechanism.  However, to check such a mechanism for 100%, I think it’s not very simple.  Crafty devs may well come up with how to make provable honesty a little bit not quite honest, or, for example, not quite provable.   Grin

As for the fact that "the right card does not go into the hand" - this is a common thing for all players in this game and in poker too.  It all has to do with your hope and mental attitude towards good luck.  But in such games, luck is quite rare.  So it seems to you that everything is bad, although in fact everything goes during the game as it should be.
hero member
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December 31, 2022, 03:17:10 PM
Blackjack is my favorite gambling game and I had big hopes of profit playing it, but when I play it seems the cards are completely against me for several following rounds. Does the advice on this thread includes AI Blackjack games, or only live games where the croupier is a real person? Anyway, the AI Blackjack should be provably fair, no?
legendary
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December 31, 2022, 01:42:39 PM
~

That is a great example and with the illustration it is the best to do it, I think that the martingale is a way of betting for those who want to feel the adrenaline at its maximum level, although I have applied it I do not recommend it, because most of Sometimes I have lost, and it is not advisable to tell people to lose their money, because it would be something very bad, it is best for the person to bet without resorting to that strategy, there are many strategies, but above all I believe that before applying any technique it is necessary to emphasize that the strategies are only some of the ways that the players have to follow a type of pattern and enjoy. It is not a sure thing to earn money.

Surely, it is not. If you don't know this, you can lose a lot of your money with martingale. In the very beginning of my playing dice I lost all my balance to martingale several times, before I decided to use it for entertainment purposes only.  The adrenaline rush you've mentioned isn't that high when you player with smaller amounts of money, but it's still there when it's your 8th red in a row, and that's enough. It should be enough if you don't want to become an adrenaline junkie.


I’m cautious too when it comes to martingale because you never know when the massive lose streak hits hard. I remember I have 0.1BTC with 200 sats base bet burned on a 50% winning percentage martingale strategy. Dice game is full of surprises and sometimes you can’t stop thinking if it’s rig or not because of this long lose streak that can occur anytime since I’m leaving my bot playing dice.

After that, I only use martingale strategy after encountering 8 and above lose streak to start increasing my bet so that I will have extra 8 bets for my bank roll.
I used to like to use the Martingale strategy on several occasions when playing dice, keno, and some other in-house games, until it delt  with me in a way I didn't expect.
Before the incident, I used to read comments from more experienced gamblers here on this forum advising gamblers to avoid  this strategy, but I've never really paid attention since I felt it's working for me, but on that very day, I was on a losing streak and kept increasing my bet amount hoping the table would turn, and before I realized I should just stop, the entire funds I had in my account was gone, I felt like crying.
hero member
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December 31, 2022, 12:25:10 PM
~

That is a great example and with the illustration it is the best to do it, I think that the martingale is a way of betting for those who want to feel the adrenaline at its maximum level, although I have applied it I do not recommend it, because most of Sometimes I have lost, and it is not advisable to tell people to lose their money, because it would be something very bad, it is best for the person to bet without resorting to that strategy, there are many strategies, but above all I believe that before applying any technique it is necessary to emphasize that the strategies are only some of the ways that the players have to follow a type of pattern and enjoy. It is not a sure thing to earn money.

Surely, it is not. If you don't know this, you can lose a lot of your money with martingale. In the very beginning of my playing dice I lost all my balance to martingale several times, before I decided to use it for entertainment purposes only.  The adrenaline rush you've mentioned isn't that high when you player with smaller amounts of money, but it's still there when it's your 8th red in a row, and that's enough. It should be enough if you don't want to become an adrenaline junkie.


I’m cautious too when it comes to martingale because you never know when the massive lose streak hits hard. I remember I have 0.1BTC with 200 sats base bet burned on a 50% winning percentage martingale strategy. Dice game is full of surprises and sometimes you can’t stop thinking if it’s rig or not because of this long lose streak that can occur anytime since I’m leaving my bot playing dice.

After that, I only use martingale strategy after encountering 8 and above lose streak to start increasing my bet so that I will have extra 8 bets for my bank roll.
sr. member
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December 31, 2022, 12:14:28 PM
The people who are looking for casinos have very different objectives, those who are very millionaires want, apart from being in a casino and being seen, and pretending what they have is necessary for them to play with a lot of money to demonstrate their power, some go with the intention of multiplying their money and they end up losing a lot of money, some go home clean, others leave for fun and even though they don't have much money to survive, they have it as a vice but it is something that makes them happy and that's dangerous but they can live with it. Those who are quite professional have everything calculated, they play, they have fun and when they reach their limit that they will be willing to lose, then they retire without regrets, that's how I classify them.
legendary
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December 31, 2022, 06:20:45 AM
So technically you are saying that gambling can be more ideal as a stress reliever than making a trade?. well it depends in trading if you have knowledge regarding the position you would like to do is you make the right time and proper preparation at the same time, if you execute the trade properly its good but if not you have a mistakes every thing right there has a lesson but in playing gambling is you just make a deposit, play and let the game you choose to decide if you are a winner or not, gambling is more stressful because you are just letting other people make your luck not yourself with your knowledge and skills.

IN my opinion gambling is much more stressful than day trading, I say this for the following reason: for example if a person takes 100$ and that person starts making sports bets, that person bets 10$, loses, bets others 10$ and loses again, bet on 10$ wins, but then goes back to bet on 10$ and loses again, this person will start to get stressed because he sees that his bankroll is reducing all the time, and he doesn't know how to reverse this situation, then panic starts to take over him, but when doing trade he will always put stop - loss and he can do hodl for some time until he has profit, then he will not have stress when doing trade

In my view you cannot really compare gambling and trading. Gambling should not be stressful, it is just a game and it has to be played for leisure, except pro-poker and the like. But trading is not a game, it is a real profession and done properly, is based on facts and analysis, a different thing is people trying to think of it as being a game. I would rather say it may be a profession.

Yes, in fact, for me trading is like a profession because it is being studied all the time and there are more and more cases in which more and more can be learned, in fact the large number of books that there are and the number of things that It has happened to many traders who consider themselves professionals, it is something to take into consideration, learning is unique, the game is as you say, just to have fun, except that in poker sometimes you need to have that touch of luck to win with more ease, in particular I really like poker, it is one of the most exciting games, but I must admit that sometimes one can feel pressured and stressed at the same time.

an interesting fact about day trading is that all guys who consider themselves gurus or experts are creating youtube channels and writing books and even creating telegram channels where they charge money for the person to be a member and have privileged information, they also give courses, the issue What I asked myself was the following: if these guys are making a profit doing day trades then why aren't they just day trading for a living? right at the beginning I even thought that maybe it was their option to have more other sources of income

but when I also started to learn about day trade and started to day trade I was constantly losing money and I kept blaming myself because I thought the problem was with me and that I needed to have more knowledge, that with that everything would work out, and it took a while good time me looking for more knowledge and losing money on trade

until after a long time I started to observe that these gurus and specialists when they make videos on youtube they don't say how much money they put in the day trade and they don't even trade live with their money and they don't say how much they can profit per day and what The reason is simple: they are not day trading, they lost money and gave up day trading, but they discovered another way to earn money which was with youtube, courses, books and telegram channels
legendary
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December 31, 2022, 05:19:40 AM
~

That is a great example and with the illustration it is the best to do it, I think that the martingale is a way of betting for those who want to feel the adrenaline at its maximum level, although I have applied it I do not recommend it, because most of Sometimes I have lost, and it is not advisable to tell people to lose their money, because it would be something very bad, it is best for the person to bet without resorting to that strategy, there are many strategies, but above all I believe that before applying any technique it is necessary to emphasize that the strategies are only some of the ways that the players have to follow a type of pattern and enjoy. It is not a sure thing to earn money.

Surely, it is not. If you don't know this, you can lose a lot of your money with martingale. In the very beginning of my playing dice I lost all my balance to martingale several times, before I decided to use it for entertainment purposes only.  The adrenaline rush you've mentioned isn't that high when you player with smaller amounts of money, but it's still there when it's your 8th red in a row, and that's enough. It should be enough if you don't want to become an adrenaline junkie.
hero member
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December 30, 2022, 05:50:51 AM
Remember that in gambling, luck is the majority factor that can either make or break your day. A person with no skill at all can still win tons of money in gambling if he has the luck for the day. But a person who does not have any prior experience nor skill in trading is most likely to fail and to experience losses.
I agree. Trading is not entirely relying on luck because skills and knowledge are necessary to have a chances to gain and succeed as a trader. While in gambling you can't apply any strategy as proven to be working since it's more on luck, unless you're not playing a chance based game wherein having a knowledge is an edge like in sports betting. Therefore these two are different, although they're both risky. Anyway, regardless of your choice to make money, remember to take time gaining knowledge and know what you're getting into to be aware of the consequences and be prepared. Don't gamble if you can't handle losing your money, same goes if you decided to become a trader.
And if you know that gambling won't make you money if you're unlucky, you better not try hard. Trading will suit you better because you can learn how to make a profit from trading. Although each comes with a risk, in trading, if you don't sell your coin when the price goes down, you still have a chance to make a profit when the price goes up again. But in gambling, once you lose, it means you have lost money and it will be difficult to recover those losses because gambling is all about winning and losing.
The different between gambling and trading is that gambling is game of luck and prediction due to your level of understanding of gambling and that particular gambling specifically, why trading due occur through luck also, but the different between them is that trading is something you will like the risk which is involved in trading without having anything like double mind, so therefore someone may have advantages in trading than gambling.
And if they already know that they have an advantage in trading over gambling, they are better off concentrating on trading and not gambling at all. It will be better for them because their profit potential will be greater by trading than by gambling. They should be aware of this and not try to gamble or they can still gamble occasionally and take a few moments for fun between trades. And we already know the difference between gambling and trading so we can choose which is good for us and make money with that choice.
legendary
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December 29, 2022, 11:59:56 PM
So technically you are saying that gambling can be more ideal as a stress reliever than making a trade?. well it depends in trading if you have knowledge regarding the position you would like to do is you make the right time and proper preparation at the same time, if you execute the trade properly its good but if not you have a mistakes every thing right there has a lesson but in playing gambling is you just make a deposit, play and let the game you choose to decide if you are a winner or not, gambling is more stressful because you are just letting other people make your luck not yourself with your knowledge and skills.

IN my opinion gambling is much more stressful than day trading, I say this for the following reason: for example if a person takes 100$ and that person starts making sports bets, that person bets 10$, loses, bets others 10$ and loses again, bet on 10$ wins, but then goes back to bet on 10$ and loses again, this person will start to get stressed because he sees that his bankroll is reducing all the time, and he doesn't know how to reverse this situation, then panic starts to take over him, but when doing trade he will always put stop - loss and he can do hodl for some time until he has profit, then he will not have stress when doing trade

In my view you cannot really compare gambling and trading. Gambling should not be stressful, it is just a game and it has to be played for leisure, except pro-poker and the like. But trading is not a game, it is a real profession and done properly, is based on facts and analysis, a different thing is people trying to think of it as being a game. I would rather say it may be a profession.

Yes, in fact, for me trading is like a profession because it is being studied all the time and there are more and more cases in which more and more can be learned, in fact the large number of books that there are and the number of things that It has happened to many traders who consider themselves professionals, it is something to take into consideration, learning is unique, the game is as you say, just to have fun, except that in poker sometimes you need to have that touch of luck to win with more ease, in particular I really like poker, it is one of the most exciting games, but I must admit that sometimes one can feel pressured and stressed at the same time.
legendary
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December 28, 2022, 07:17:16 AM
I'm not against the use of the Martingale System, I'm merely trying to debate if it's truly an effective betting system to help plebs like us win some money in the casino. I have heard others trying to argue that playing casino games is not for profit/just for entertainment. OK, but perhaps using the Martingale System might make the entertainment last for only 10 minutes in the casino because you doubled your bets to zero. Hahaha.

But as you posted, maybe someone likes to play like that. Cool

I am against martingale system and I think this is one of the worst gambling approach.
You need an endless wallet to be able to reach a win/profit with Martingale system. there are tons of explanation about it, any gambler must be aware of that. also the final result. You will get a win of the initial amount even if you doubled your bets a lot of times. It means you're getting an high risk for a minimum benefit!
Another reason I don't suggest this gambling approach, also because this is the mental result for "addiction". I will bet more/doubling my bet so I can win...


I believe the same argument can be applied in day-trading. If a day-trader's stop-loss has been activated repeatedly and it has caused him lose 20% of his capital, should his next trades be double in size before he lost 20%? NO, that would be stupid, he SHOULD make his trades smaller in size to preserve capital, and wait for a better/bullish situation in the market. If he doubles his/her trades during losing streaks, he will have NOTHING by the time everything is bullish again.
newbie
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December 28, 2022, 07:13:10 AM
Hi folks,

Just stumbled on an interesting on-chain gambling site, you can directly bet ETH using your MetaMask wallet, without depositing funds  Shocked

https://ethgames.fun/pokerdice.html
https://ethgames.fun/twodices.html

Have fun.
legendary
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Nec Recisa Recedit
December 28, 2022, 07:05:55 AM
I'm not against the use of the Martingale System, I'm merely trying to debate if it's truly an effective betting system to help plebs like us win some money in the casino. I have heard others trying to argue that playing casino games is not for profit/just for entertainment. OK, but perhaps using the Martingale System might make the entertainment last for only 10 minutes in the casino because you doubled your bets to zero. Hahaha.

But as you posted, maybe someone likes to play like that. Cool

I am against martingale system and I think this is one of the worst gambling approach.
You need an endless wallet to be able to reach a win/profit with Martingale system. there are tons of explanation about it, any gambler must be aware of that. also the final result. You will get a win of the initial amount even if you doubled your bets a lot of times. It means you're getting an high risk for a minimum benefit!
Another reason I don't suggest this gambling approach, also because this is the mental result for "addiction". I will bet more/doubling my bet so I can win...
legendary
Activity: 2898
Merit: 1823
December 28, 2022, 05:53:00 AM

Please try to understand my point. House edge makes sure that a player/user is a long term loser. The Martingale System has nothing to do with winning or losing, BUT has everything to do with how fast/quick that he/she loses his/her capital. Visualize being long term loser in a casino game that has 5% house edge against you, and doubling the amount of your bets everytime you lose. The casino might already be counting the amount of their profits from you before they happen.

Yeah!  These are exactly what you pointed out, I totally agree, a good example. 
Of course, you can also gamble on the Martingale strategy.  But the question always arises, how long, how many cycles of the game will sustain your budget and the money that you can afford to lose.  This is where you start to figure out .. count ...
And you understand that you should not play according to this strategy for the simple reason that the game itself will not last too long, you will enjoy the game for too little time (which is generally the most important thing when playing  casino!). 
And besides, a series of frustrations from losing, it still grows as the size of the lost bet grows. 

So I, perhaps, am not a supporter of a clear and strict use of such a strategy. 
But, of course, maybe someone likes to play like that
.?


I'm not against the use of the Martingale System, I'm merely trying to debate if it's truly an effective betting system to help plebs like us win some money in the casino. I have heard others trying to argue that playing casino games is not for profit/just for entertainment. OK, but perhaps using the Martingale System might make the entertainment last for only 10 minutes in the casino because you doubled your bets to zero. Hahaha.

But as you posted, maybe someone likes to play like that. Cool
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