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Topic: Casino games plebs like us must play - page 12. (Read 4371 times)

legendary
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December 27, 2022, 12:28:05 PM
I'm actually a little dissatisfied with why the OP thinks that there should be some kind of special casinos for the plebs.  

Of course when betting thousands of dollars in a gambling area like Las Vegas, it's not for the plebs.Huh  And that those millionaires who play there are better than those players who bet $10.  How are they better???  Yes, they are all much worse than us ordinary people who honestly earn a living, and do not squander crazy money from the inheritance, or people like SBF (Well, of course, until the collapse of FTX! ) Grin).  
In general, it is unfair to divide players into plebs and no-plebs.  
Where is the boundary of such a division - there is none!

Well, in that you also have to do a little analysis, it is not the same as those people who have so much money and bet big, obviously they have a bigger stomach to bear certain types of expenses, while people who do not have so much money must place bets more moderate without spending a lot, a player regardless of their economic position must do and have control of their expenses, and what is allowed to win or lose, is not something simple, even those who have the most money can lose a lot and become decapitalized, If there is an amount of money willing to lose, it is what can be enjoyed in the game and at the same time have options to win.


I believe delfasTions didn't get the actual context of where my viewpoint is for the topic. I was merely suggesting that for plebs like us, it might better to play more casino games with lower house edge because it would make us lose less, and make is lose in a slower rate than the average. Plebs like us don't have much money to use for gambling, so if a pleb wants to gamble, it might be good to have a wiser casino game preference with lower house edge, like BlackJack or Craps.
Well, according to my personal experience, when I started in the world of gambling and casinos, what I played the most was craps on freebitco.in, and there used to be a very essential technique with 10,000 sats, you could take 11,000 sats per day, in a matter of 30 consecutive days doing the same strategy you could get a good capital, of course without making bets leaving with the entire balance or with the martingale, because when the martingale was applied it was most likely to lose everything and very quickly, and throwing away the effort of many days was not something that was in the calculations, that is why I believe that more things can be done with little balance, and already at mushroom heights, with little balance I play slot machines without looking to win, just to have fun.

legendary
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December 27, 2022, 04:45:57 AM
Contrary to popular belief, it's actually possible to earn big amounts through martingale only in the short-term as long as luck sides with you big-time. It's a high-risk, high-reward solution only in the short-term.

Hasn't worked for me yet, but it worked for many others despite being a negative progression strategy.


"Short-term" doesn't prove anything. It's an excuse. Would it really count if "the gambler" used the Martingale System, won a big amount, them stopped gambling forever? Would that really prove that the Martingale System as "practically useful" for gambling? I believe not, unless "the gambler" used his winnings to gamble with the Martingale System again, which will prove that it isn't an effective system when you're playing casino games that have a house edge.

A strategy can either give consistent profits or not, due to the randomness of the games some gamblers can obtain some profits but the negative expected value of their bets will continue to exist, however those profits have nothing to do with martingale and instead they have to do with the nature of gambling itself.

So the only way to judge the martingale strategy is by applying a long term approach to it, and whenever this has been done martingale has been proven to be a useless strategy.


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.?
legendary
Activity: 2898
Merit: 1823
December 27, 2022, 03:52:33 AM
Contrary to popular belief, it's actually possible to earn big amounts through martingale only in the short-term as long as luck sides with you big-time. It's a high-risk, high-reward solution only in the short-term.

Hasn't worked for me yet, but it worked for many others despite being a negative progression strategy.


"Short-term" doesn't prove anything. It's an excuse. Would it really count if "the gambler" used the Martingale System, won a big amount, them stopped gambling forever? Would that really prove that the Martingale System as "practically useful" for gambling? I believe not, unless "the gambler" used his winnings to gamble with the Martingale System again, which will prove that it isn't an effective system when you're playing casino games that have a house edge.

A strategy can either give consistent profits or not, due to the randomness of the games some gamblers can obtain some profits but the negative expected value of their bets will continue to exist, however those profits have nothing to do with martingale and instead they have to do with the nature of gambling itself.

So the only way to judge the martingale strategy is by applying a long term approach to it, and whenever this has been done martingale has been proven to be a useless strategy.


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.
hero member
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Merit: 609
December 26, 2022, 05:53:36 PM

If a small amount of capital is the problem, then the adjustment that plebs must do that makes good logical sense is, make your bets smaller.

Smaller amount of capital = smaller bets. Cool

Don't believe those plebs like us who says that the Martingale System works because 100% of the time is, they're lying. Martingale System with a small/limited amount of capital, played in casino games with house edge low or high, is a quick path to ruin.
Only those people who doesnt have experience about martingale system would definitely be saying that small capital would turn out to be big if they would be using up this strategy.
They are really be able to experience for themselves about the bitter truth.
If your capital is just too small even placing up with the smallest possible minimum bet or lowest one then it would really be still be blown up in fire
in short losing streaks.
Lots have tried and experienced ones would definitely tell that it isnt something worth it to try. This is really just the fastest
way on busting up your entire bankroll.
member
Activity: 686
Merit: 21
December 26, 2022, 03:51:48 PM
So, like I said, it's not a way of making money. Don't try to start from a higher amount to win more in the end. This may end very badly.
Contrary to popular belief, it's actually possible to earn big amounts through martingale only in the short-term as long as luck sides with you big-time. It's a high-risk, high-reward solution only in the short-term.

Hasn't worked for me yet, but it worked for many others despite being a negative progression strategy.

High risks to low reward ratio is want I don't used to like looking at the high risks I will take with lower or small rewards is not good for my liking. I do like taking little risks so my chances of winning with be high and even though what I am winning is little, I will still prefer it since I am having a consistent winnings always.
That you are right for that particular statement you made anyone who would like to take a low risk 4 involvement of gambling third person might have big close to winning or having what did you have in mind predicting higher was thinking to get her I think it will make you To lose your target particularly.
member
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Crypto bookmaker and casino
December 26, 2022, 03:45:19 PM
So, like I said, it's not a way of making money. Don't try to start from a higher amount to win more in the end. This may end very badly.
Contrary to popular belief, it's actually possible to earn big amounts through martingale only in the short-term as long as luck sides with you big-time. It's a high-risk, high-reward solution only in the short-term.

Hasn't worked for me yet, but it worked for many others despite being a negative progression strategy.

High risks to low reward ratio is want I don't used to like looking at the high risks I will take with lower or small rewards is not good for my liking. I do like taking little risks so my chances of winning with be high and even though what I am winning is little, I will still prefer it since I am having a consistent winnings always.
hero member
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December 26, 2022, 03:29:07 PM
Contrary to popular belief, it's actually possible to earn big amounts through martingale only in the short-term as long as luck sides with you big-time. It's a high-risk, high-reward solution only in the short-term.

Hasn't worked for me yet, but it worked for many others despite being a negative progression strategy.


"Short-term" doesn't prove anything. It's an excuse. Would it really count if "the gambler" used the Martingale System, won a big amount, them stopped gambling forever? Would that really prove that the Martingale System as "practically useful" for gambling? I believe not, unless "the gambler" used his winnings to gamble with the Martingale System again, which will prove that it isn't an effective system when you're playing casino games that have a house edge.
A strategy can either give consistent profits or not, due to the randomness of the games some gamblers can obtain some profits but the negative expected value of their bets will continue to exist, however those profits have nothing to do with martingale and instead they have to do with the nature of gambling itself.

So the only way to judge the martingale strategy is by applying a long term approach to it, and whenever this has been done martingale has been proven to be a useless strategy.
legendary
Activity: 2898
Merit: 1823
December 26, 2022, 04:12:41 AM
So, like I said, it's not a way of making money. Don't try to start from a higher amount to win more in the end. This may end very badly.

Contrary to popular belief, it's actually possible to earn big amounts through martingale only in the short-term as long as luck sides with you big-time. It's a high-risk, high-reward solution only in the short-term.

Hasn't worked for me yet, but it worked for many others despite being a negative progression strategy.


"Short-term" doesn't prove anything. It's an excuse. Would it really count if "the gambler" used the Martingale System, won a big amount, them stopped gambling forever? Would that really prove that the Martingale System as "practically useful" for gambling? I believe not, unless "the gambler" used his winnings to gamble with the Martingale System again, which will prove that it isn't an effective system when you're playing casino games that have a house edge.
hero member
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www.Crypto.Games: Multiple coins, multiple games
December 25, 2022, 11:48:42 AM
The key factor in here is doing the reverse martingale and stopping at the right time.  In reverse martingale, we double as we win, if we are lucky enough to have 5 consecutive wins and stop. In a bet of $2 dollars 5 consecutive wins can earn us $64 at most.
Reverse martingale and other variations of martingale are actually a lot worse when compared to the original which is why most gamblers including me tend to stick to the original strategy itself.

Another reason as to why the original is more popular in comparison is because many gamblers are unaware of its variations.
hero member
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December 24, 2022, 04:56:18 PM
The more I often come across this thread on gambling board it gives me that impression that gambling is not been specific on the category or kinds of gamblerse that it must constitute, some gambling is been designed in a such way that makes every gamblers get equal right in serving others right since they were out for business, as long as the casinos will always care and show them it worth it, money is the common and general language they can understand be it from plebs or not.
legendary
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December 24, 2022, 03:18:16 PM
~ Don't believe those plebs like us who says that the Martingale System works because 100% of the time is, they're lying. Martingale System with a small/limited amount of capital, played in casino games with house edge low or high, is a quick path to ruin.

Indeed, if you want to make money through martingale, it's a shortcut to disaster. Even if your initial bet is as small as $0.20 you are doomed. However, you can still use martingale playing for your entertainment. I'm doing it all the time. But I'm starting really low, like a thousandth of a cent, and if my target is, say, 99x, I'm not doubling my bet each time, but rather every tenth time or so. And most of the time I hit it eventually, like today, for instance:



but considering what I have previously lost, my real winning is just around 10 cents. So, like I said, it's not a way of making money. Don't try to start from a higher amount to win more in the end. This may end very badly.

We all agree that martingale sucks our bankroll dry in an instant if we happen to hit a series of losing streaks.  Even though we won at the last spin, the most we can win is the amount of our initial bet.  I have tried this kind of approach and created different kind of variables, still at the end no matter what strategy we do, we will end up in a lost.

So, like I said, it's not a way of making money. Don't try to start from a higher amount to win more in the end. This may end very badly.
Contrary to popular belief, it's actually possible to earn big amounts through martingale only in the short-term as long as luck sides with you big-time. It's a high-risk, high-reward solution only in the short-term.

Hasn't worked for me yet, but it worked for many others despite being a negative progression strategy.

The key factor in here is doing the reverse martingale and stopping at the right time.  In reverse martingale, we double as we win, if we are lucky enough to have 5 consecutive wins and stop. In a bet of $2 dollars 5 consecutive wins can earn us $64 at most.
hero member
Activity: 1246
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December 24, 2022, 02:55:25 PM
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.
hero member
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December 24, 2022, 02:29:47 PM
So, like I said, it's not a way of making money. Don't try to start from a higher amount to win more in the end. This may end very badly.
Contrary to popular belief, it's actually possible to earn big amounts through martingale only in the short-term as long as luck sides with you big-time. It's a high-risk, high-reward solution only in the short-term.

Hasn't worked for me yet, but it worked for many others despite being a negative progression strategy.
legendary
Activity: 2632
Merit: 1883
Leading Crypto Sports Betting & Casino Platform
December 24, 2022, 01:44:23 PM
~ Don't believe those plebs like us who says that the Martingale System works because 100% of the time is, they're lying. Martingale System with a small/limited amount of capital, played in casino games with house edge low or high, is a quick path to ruin.

Indeed, if you want to make money through martingale, it's a shortcut to disaster. Even if your initial bet is as small as $0.20 you are doomed. However, you can still use martingale playing for your entertainment. I'm doing it all the time. But I'm starting really low, like a thousandth of a cent, and if my target is, say, 99x, I'm not doubling my bet each time, but rather every tenth time or so. And most of the time I hit it eventually, like today, for instance:



but considering what I have previously lost, my real winning is just around 10 cents. So, like I said, it's not a way of making money. Don't try to start from a higher amount to win more in the end. This may end very badly.


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.
legendary
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December 24, 2022, 04:18:17 AM
~ Don't believe those plebs like us who says that the Martingale System works because 100% of the time is, they're lying. Martingale System with a small/limited amount of capital, played in casino games with house edge low or high, is a quick path to ruin.

Indeed, if you want to make money through martingale, it's a shortcut to disaster. Even if your initial bet is as small as $0.20 you are doomed. However, you can still use martingale playing for your entertainment. I'm doing it all the time. But I'm starting really low, like a thousandth of a cent, and if my target is, say, 99x, I'm not doubling my bet each time, but rather every tenth time or so. And most of the time I hit it eventually, like today, for instance:



but considering what I have previously lost, my real winning is just around 10 cents. So, like I said, it's not a way of making money. Don't try to start from a higher amount to win more in the end. This may end very badly.
legendary
Activity: 2898
Merit: 1823
December 24, 2022, 02:42:24 AM
Whether you are a whale or a commoner then there's no way that you could really able to avoid those random chance if we do speak about winning, the only differs here into those huge wagerers is that they could really extent out their strategies on to some certain degree because they do have huge bankroll or capital which those commoners or small wagerers couldnt able to do so.

I dont stress out myself on why is that others do win often and just simply accepts that im not really lucky on that particular session or game time.

There is no doubt that a whale could expand its strategy to a certain degree because the capital it used exceeded that of ordinary gamblers who only used small capital.

We can only think that small gamblers can win if they have great luck, so the wins will also be big, and this can happen in slot games.

But if you feel you have skills in skill-based gambling games, your win rate may be greater so you can win in large numbers.

But once again, the victory will not come easily and the loss will come easily to you.
So be wise in playing gambling.


If a small amount of capital is the problem, then the adjustment that plebs must do that makes good logical sense is, make your bets smaller.

Smaller amount of capital = smaller bets. Cool

Don't believe those plebs like us who says that the Martingale System works because 100% of the time is, they're lying. Martingale System with a small/limited amount of capital, played in casino games with house edge low or high, is a quick path to ruin.
hero member
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December 24, 2022, 01:06:20 AM
Whether you are a whale or a commoner then there's no way that you could really able to avoid those random chance if we do speak about winning, the only differs here into those huge wagerers is that

they could really extent out their strategies on to some certain degree because they do have huge bankroll or capital which those commoners or small wagerers couldnt able to do so.

I dont stress out myself on why is that others do win often and just simply accepts that im not really lucky on that particular session or game time.
There is no doubt that a whale could expand its strategy to a certain degree because the capital it used exceeded that of ordinary gamblers who only used small capital.
We can only think that small gamblers can win if they have great luck, so the wins will also be big, and this can happen in slot games.
But if you feel you have skills in skill-based gambling games, your win rate may be greater so you can win in large numbers.
But once again, the victory will not come easily and the loss will come easily to you.
So be wise in playing gambling.
hero member
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December 23, 2022, 06:42:39 PM

Roulette has a house edge from 2.70% to 5.26%. I believe 2.70% is OK, but you can find lower house edge in other games, and also be "entertained" too during the moment. My recommendation is Craps!

Yeah, Craps is the best gambling game for a low house edge percentage category since it only has 1.41% percentage while it pays more than x2 in every single bet. I wonder how craps is not yet popular despite its design is less risky and higher payout compared to typical games like dice, roulette and blackjack.

I’m playing craps for a long time with good profit until now because I can control my bets and limit to a few numbers that I know that hot for that round. Betting on hard ways gives a sweet profit too.

Craps is a good one in every single bet when you win then you can earn double your bet because they double it. For me craps are one of The best games in casinos but still wondering why this is one is not a very popular one is big gamblers won't play this and I think because of the wagger or the game itself but for me this is a good one. In roulette it will base on the outcome and once you hit a lucky combination then you will be happy for your winning.

That sounds very good and even something easy to adapt for a conservative style of play, but from what I see it can easily fall into the martingale strategy, and that strategy has left many ugaodres bankrupt and in a short time, the I can see roulettes as slot machines, I have no luck in any of those games and no matter how hard I try to play I lose, what I think is that I have an idea about those games and maybe that's why I lose?

These things of believing that one is lucky or not is something of commoners too and it is a characteristic of being somewhat insufferable in a house where one cannot lose but rather win and that is impossible.

Whether you are a whale or a commoner then there's no way that you could really able to avoid those random chance if we do speak about winning, the only differs here into those huge wagerers is that

they could really extent out their strategies on to some certain degree because they do have huge bankroll or capital which those commoners or small wagerers couldnt able to do so.

I dont stress out myself on why is that others do win often and just simply accepts that im not really lucky on that particular session or game time.
sr. member
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December 23, 2022, 04:30:11 PM

Roulette has a house edge from 2.70% to 5.26%. I believe 2.70% is OK, but you can find lower house edge in other games, and also be "entertained" too during the moment. My recommendation is Craps!

Yeah, Craps is the best gambling game for a low house edge percentage category since it only has 1.41% percentage while it pays more than x2 in every single bet. I wonder how craps is not yet popular despite its design is less risky and higher payout compared to typical games like dice, roulette and blackjack.

I’m playing craps for a long time with good profit until now because I can control my bets and limit to a few numbers that I know that hot for that round. Betting on hard ways gives a sweet profit too.

Craps is a good one in every single bet when you win then you can earn double your bet because they double it. For me craps are one of The best games in casinos but still wondering why this is one is not a very popular one is big gamblers won't play this and I think because of the wagger or the game itself but for me this is a good one. In roulette it will base on the outcome and once you hit a lucky combination then you will be happy for your winning.

That sounds very good and even something easy to adapt for a conservative style of play, but from what I see it can easily fall into the martingale strategy, and that strategy has left many ugaodres bankrupt and in a short time, the I can see roulettes as slot machines, I have no luck in any of those games and no matter how hard I try to play I lose, what I think is that I have an idea about those games and maybe that's why I lose?

These things of believing that one is lucky or not is something of commoners too and it is a characteristic of being somewhat insufferable in a house where one cannot lose but rather win and that is impossible.
legendary
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December 23, 2022, 01:33:34 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

I think that gambling can be more stressful than day trading.

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.

Though both have the element of luck present, you can at least lessen the chances of you losing if you have the knowledge and experience in trading.
When you talk about day trading, you should specify or mention the part or type of day trading, some trade in the spot market, while others trade in the futures/margin market-some call it derivatives.

Now, comparing this to gambling, I would say that gambling installs more anxiety to the body than day trading on spot market.

But in futures market, I can't really say the same, maybe this would depend on how experienced the trader is, many trade futures market blindly, they trade through guessing/predictions and hoping they are right, if in-experienced futures trading should be compared to gambling, I would tell you that Futures trading adds more anxiety to the body than gambling.
This is just my opinion/thoughts, I might be wrong.

if there is something in my opinion that is clear and that the no day trade the futures and margin market is something very similar to gambling particularly very similar to sports betting, I particularly avoid trading the futures and margin market because it is easy to lose everything money, even if the person is very good in technical analysis, this futures market is a very dangerous market where only exchanges are making a lot of money with it

a lot of people at first were posting videos on youtube of how they would be making a lot of money fast in the futures market, but after a while most of these people stopped posting videos and stopped talking about this subject, I suspect they must have lost a lot money in this market and for that reason they stopped talking about this subject, in games of chance, all games that depend on luck for the person to win bring many frustrations in addition to many losses, people can even pretend that they are having fun with the games but at the end of the day when they look at their portfolio they get frustrated, I even find it impressive that even so the next day they are playing even knowing that the purpose is to lose
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