The best console to ourself is not to be too confident that our bet is safe. I mean, there's no such thing as that. You are risking your money here, that is why we cannot be so sure that in every gambling, there's a guarantee that you'll always win.
Got to visit the website. It is always updated in racing post. There is also a free bets that thr website are offering to attract viewers from signing up to them.
Topic: For those thinking some bets are safe, read this - page 2. (Read 14452 times)
"Low risk bet" to me sounds a bit strange in gambling world. Do you or any else here have examples of such gambling?
I do think that decentralized gambling can help reduce the risk by making things clear to the gamblers ,like their chances of winning a bet possibly coded on transparent and immutable platform
I do think that decentralized gambling can help reduce the risk by making things clear to the gamblers ,like their chances of winning a bet possibly coded on transparent and immutable platform
Its never been safe when we do talk about gambling. No matter which strategy would you use there would be always the risk on losing money.When we do talk about
the word "safe" its 100% guaranteed win but this thing doesn't really exist on gambling, therefore we should not think up on this way because believing on such hope will just
break our expectations.
the word "safe" its 100% guaranteed win but this thing doesn't really exist on gambling, therefore we should not think up on this way because believing on such hope will just
break our expectations.
Very true of what you just said. How can you determine if your bet is safe in the first place? Maybe, just gamble what you can afford to lose. Line used by thousand times by thousand people but it is true.
Its never been safe when we do talk about gambling. No matter which strategy would you use there would be always the risk on losing money.When we do talk about
the word "safe" its 100% guaranteed win but this thing doesn't really exist on gambling, therefore we should not think up on this way because believing on such hope will just
break our expectations.
the word "safe" its 100% guaranteed win but this thing doesn't really exist on gambling, therefore we should not think up on this way because believing on such hope will just
break our expectations.
Please read this
This was a horse racing market, which a total of 249 british pounds layed at odds of 1000/1. That means a total loss of 249,000 (of course it was not a sole bettor but the total of them betting against this horse).
No bet is ever safe.
For the record, those who layed Leicester to win the Premier League back in 2015 felt the pain too. Some wisdom to learn from it
Gambling has no definite direction, is either you loose your money or you win profit from your gambling activities and which is the truth. Although, I most confess that the margin of winning is too small which seems to be like a situation where almost everyone will loose. This was a horse racing market, which a total of 249 british pounds layed at odds of 1000/1. That means a total loss of 249,000 (of course it was not a sole bettor but the total of them betting against this horse).
No bet is ever safe.
For the record, those who layed Leicester to win the Premier League back in 2015 felt the pain too. Some wisdom to learn from it
Absolutely nothing will be safe while we came to bet but trusting the untrusted sites will not be always a bad idea for everyone if we had a little bit trust then go with that will be the right way in gambling and it will be the more safer than this.
Pretty much reminds me of this:
https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
Using higher percentage like 96% or even more is a very bad strategy if we intend to do it in the long term. For sure it will give a higher chance to win with such percent, but once we got the loss one, we need to put higher bet to chase our previous loss and if prefer to chase it with flat betting, it would need some wins to make it even, let alone profit. Higher win of chance would be better if we use it only once or twice and then leave the game.
I am never in favor of betting with higher percentages. Those who do it are only greedy person who see big amount of money in case of win. But in reality if you bit with higher percentages, you will lose only and the chances of win are very tiny.
Well with a high win percentage, i don't think the chances of winning are tiny. Though when you play dice, each roll is on it's own. There are times when it may happen that luck seems to be on your side but again, it doesn't make any difference that the next roll would still be 50/50.
Pretty much reminds me of this:
https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
Using higher percentage like 96% or even more is a very bad strategy if we intend to do it in the long term. For sure it will give a higher chance to win with such percent, but once we got the loss one, we need to put higher bet to chase our previous loss and if prefer to chase it with flat betting, it would need some wins to make it even, let alone profit. Higher win of chance would be better if we use it only once or twice and then leave the game.
I am never in favor of betting with higher percentages. Those who do it are only greedy person who see big amount of money in case of win. But in reality if you bit with higher percentages, you will lose only and the chances of win are very tiny.
Please read this
This was a horse racing market, which a total of 249 british pounds layed at odds of 1000/1. That means a total loss of 249,000 (of course it was not a sole bettor but the total of them betting against this horse).
No bet is ever safe.
For the record, those who layed Leicester to win the Premier League back in 2015 felt the pain too. Some wisdom to learn from it
This was a horse racing market, which a total of 249 british pounds layed at odds of 1000/1. That means a total loss of 249,000 (of course it was not a sole bettor but the total of them betting against this horse).
No bet is ever safe.
For the record, those who layed Leicester to win the Premier League back in 2015 felt the pain too. Some wisdom to learn from it
There is no really such safe bet because in the first place, taking or placing bet in a game is already taking risk whether you will have the privilege to win or not. It is just that lowering your bets will give you a low risk of losing lots of money if you have the self-control not to chase for the bet you have lost. The mistakes usually gamblers do is to take a big bet on a game to have a chance to gain a large feed back but do not really know the higher bets they placed, the higher risk is associated and that will lead to chasing their loss unlike putting small bets just for the sake of fun, low risk and low cost loss no need to chase because you have already give a shot to try. That is what I usually do whenever I play into an online casino wherein I just place small bets for the variety of games they have to play because my aim is just to keep myself entertained and that's all because I just frequently play if I am in the mood or during my vacant time maybe 2-3 times in a week just to still have proper moderation in my game play.
Quote
go look up his account on bitcointalk he's old money
So I looked it up reading through dozens of his posts. The interesting part is that the guy, mechs, was actually one of the investors, and probably a team member, of the very site he lost so much on.
Pretty much reminds me of this:
https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
It is most likely that he was an early adopter, so probably the loss wasn't so painful for him as we might think. Besides, the whole thing happened more than 5 years ago, when the price for 1 BTC was well below $200.($800K is still a big loss for anyone though).
Reading that reddit thread I came across this comment from user sporabolic:
Quote
go look up his account on bitcointalk he's old money
So I looked it up reading through dozens of his posts. The interesting part is that the guy, mechs, was actually one of the investors, and probably a team member, of the very site he lost so much on.
If you want your money to double with low risks or a high probability of earning then that is called investment , not gambling. Gambling is for sure depends on luck and every bets are more likely to lose than to earn. There are also no market to based on and no volatility of prices. Its just a win or lose situation.
Gambling nowadays are now offering investments and that is more better than regular investments because it is still related to gambling and you are also supporting your favorite gambling site .
i agree on you when you said gambling based on luck but market volatility and market condition does have an effect to our profits .
About the safety of bets . sure there are safe bets , they are the ones that smaller amounts or amounts that only you can afford to loose
. bets that arent safe are the ones that is big enough or you cannot afford anymore .
Pretty much reminds me of this:
https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
Using higher percentage like 96% or even more is a very bad strategy if we intend to do it in the long term. For sure it will give a higher chance to win with such percent, but once we got the loss one, we need to put higher bet to chase our previous loss and if prefer to chase it with flat betting, it would need some wins to make it even, let alone profit. Higher win of chance would be better if we use it only once or twice and then leave the game.
Nothing is certain and safe, especially making a bet but with the team of people doing a research and proper study on specific event you can earn some dollars. It's job like every other, demands time and skills, in sports betting you track every information about teams/players. Their instagram, twitter, coaches etc.
You can not deny the fact that even pro gamblers lose. But when they lose they don't lose everything. The reason pros make money from gambling is that they do not lose their temper. They follow the strategy, invest their time, learn the skills. If a match is fixed then your analysis is not going to work even if you are a pro.
We all know gambling does not give profit at any time we don't have hundred percent surety for gambling then why people are investing and lot of amount the answer is gambling is an addiction if a person involved in gambling then he would not be give up at anytime for long time but most of the people made lost in gambling but some of them are definitely get huge profit with their experience
If you want your money to double with low risks or a high probability of earning then that is called investment , not gambling. Gambling is for sure depends on luck and every bets are more likely to lose than to earn. There are also no market to based on and no volatility of prices. Its just a win or lose situation.
Nothing is certain and safe, especially making a bet but with the team of people doing a research and proper study on specific event you can earn some dollars. It's job like every other, demands time and skills, in sports betting you track every information about teams/players. Their instagram, twitter, coaches etc.
You can not deny the fact that even pro gamblers lose. But when they lose they don't lose everything. The reason pros make money from gambling is that they do not lose their temper. They follow the strategy, invest their time, learn the skills. If a match is fixed then your analysis is not going to work even if you are a pro.
Nothing is certain and safe, especially making a bet but with the team of people doing a research and proper study on specific event you can earn some dollars. It's job like every other, demands time and skills, in sports betting you track every information about teams/players. Their instagram, twitter, coaches etc.
I have also seen some gamblers playing the dice game with a 98% win chance setting sometimes and they would usually place a huge amount on every rolls they made, it might seems as a safe bet in some people views. But in reality, they still stand a small chance to lose the bet even if it might seems unbelievable, I wonder why does some people still believe in bets that are safe, if this sort of bets truly exists in the first place, I believe all of the casinos would surely cease their operation after a few months time.
I will never do that. Let's say the statistic. If I win 98 times out of 100 and if I lose the 99th one then I lose everything. No bet is safe. However, in sports bet you can take the chances. Professional gamblers do their homework before placing a bet. 
Pretty much reminds me of this:
https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
Still luck plays the role in winning the bets when we can't assure 100% winning in any bets.So don't go all in with too much hope sometimes it will cost us too much of money.https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
That's right. Sometimes people place a big hope in the gambling, and they hope the fortune will come to them, so they make a bet in sports betting or playing the gambling game. But unfortunately, their hope did not realize, and the result was they cannot make money from gambling. It's difficult to explain to them especially if people still insist on playing gambling because they want to make money.
Pretty much reminds me of this:
https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
Still luck plays the role in winning the bets when we can't assure 100% winning in any bets.So don't go all in with too much hope sometimes it will cost us too much of money. https://www.reddit.com/r/Bitcoin/comments/1npmaq/highroller_loses_800k_with_allin_bet_on_justdice/
The guy "f*ckit" was betting 7016BTC with a win rate of 96.2%, so most of his rolls should of been a winner, basically out of 100 rolls, only 4 losses and he assumed it was safe and lost it all.
He seems like a long time early adopter because looking at his reaction he didn't really seem to care that much.
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