Gambling and Cryptocurrencies - page 3.

Reid

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I was a long-time user of Ethereum when gambling before but I switched because of the high fees. Grin

So it was really not about the luck of changing from one coin to another. It's because of the tx fees problems and traffic.
Now, I am using Bitcoin instead so I could say all my profits now are coming from it.
I used LTC before with dice but still no luck so I just save myself the effort of exchanging and forget about the superstitious beliefs and stick with BTC.

uneng

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Personally I haven't tried this strategy, because for me it doesn't make much sense to convert my crypto currencies into another ones having to pay more fees in order to play. Indeed it will decrease profit chances even more, and as you said it doesn't make difference if you play with Bitcoin, Ethereum or Tron: the odds will remain the same for all.
I think this trick is similar to superstitions some gambler have while betting and won't affect the gameplay on long run, although they firmly believe it will...

jrrsparkles

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Haven't yet, not even thought about this to change much luck! Probably will try next time for sure. Grin

But anyone really changing their cryptos if they are in the losing streak for example if they bet on a dice game with bitcoin for the 10 bets and they lost all of them and then try betting with Doge and in the first bet itself they got good multiplier?

Hippocrypto

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Quote from: Vaskiy on August 28, 2021, 01:30:28 PM

Have you guys switched from one cryptocurrency to other on account of continuous loss in gambling. If so what is the coin that has brought in big winnings as well as losses. Myself had thought of switching to other cryptocurrencies from ethereum and bitcoin once after every loss. After a long today myself tried with TRX instead of bitcoin. This also ended with loss, which made me realise it is not about the cryptocurrency and it is all about the luck.

On my past experience with dice gambling through local wallet I had, I never switched to other crypto because I think transaction fee is expensive. At first I won good amount, but in the long run my luck was a devastating situation as I started losing all my money. If given a chance that I could use trx or xrp for betting at online gambling sites, then I would love to take possible chances.

Twinkledoe

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Quote from: Text on August 28, 2021, 05:11:53 PM

I don't consider that switching from one cryptocurrency to another that will be used as a gambling bet will deliver a win and even have a higher chance. When I want to gamble, whatever coin is available in the account balance that I can bet, that's all I will use. But for me, I use BTC more in gambling. Just in case I lose one after another, the only thing I thought of losing is that I stop. I no longer think of exchanging coins to continue gambling.

I have the same thoughts here. It is not the type of crypto that you used but if you are in luck-based games, whether you use TRX or BTC, the same will happen. I don't see any correlation why switching will change your luck. You have no control when it comes to these games.

Text

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I don't consider that switching from one cryptocurrency to another that will be used as a gambling bet will deliver a win and even have a higher chance. When I want to gamble, whatever coin is available in the account balance that I can bet, that's all I will use. But for me, I use BTC more in gambling. Just in case I lose one after another, the only thing I thought of losing is that I stop. I no longer think of exchanging coins to continue gambling.

crzy

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We are thinking for many ways to find our luck and for me this one will not work because you are not lucky on that day so don’t chase any loses and hope for a more lucky winnings If you change crypto because its still the same as money. I never tried to switch for this reason not unless because of fees then it could be the best reason for me but for this one, I’ll not do it.

Rengga Jati

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Quote from: Vaskiy on August 28, 2021, 01:30:28 PM

This also ended with loss, which made me realise it is not about the cryptocurrency and it is all about the luck.

I don't think that it is about cryptocurrency.
And I also don't think that it is only about luck.
Many gamblers win the gambling not only because of luck but because of the strategy, the ways, and also the right decision at the right moment.
There is sometimes luck in gambling, but this is not as much, and this will not really influence people to win or lose.
Many experienced gamblers will also not put their winning on luck.

just_Alice

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Why would you even assume that a type of cryptocurrency plays any role in this? It can be Bitcoin, Ethereum, or even dollars, doesn't matter. Only if the website's rigged or there is a bug of some kind, but even then that's highly unlikely. I switched from Bitcoin to LTC for lower transaction fees, but that was the only reason.

ReiMomo

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There is no correlation between your luck on the site versus the cryptocurrency that you use, cryptos are just a tool to use upon making a bet, just like a fiat there is no other than. On my own, once I am on a losing streak, I prefer to have a break in gambling and come back when there is more crypto to spend, sometimes putting limits on ourselves will always have a benefit on us. Dont chase your loss and only gamble that you can afford to lose. Because the fact is, there is no single currency that gives you a guarantee of winning upon using it.

alpamar99

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it has nothing to do with it at all because crypto here is only a tool for betting, not part of the gambling system and from its nature it has been discovered that this is only a tool used to bet, so the position is no more than that, so even if you change coins, for example from bitcoin to eth or from eth to trx it doesn't affect anything because you only change the tool for betting, not changing the game or gambling you do.
what you need when you gamble is not only a large capital but intuition and your level of luck must really be there and this is an important factor because good calculations and a lot of capital will also lose when your intuition and level of luck is not there.

Desmong

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Quote from: Vaskiy on August 28, 2021, 01:30:28 PM

Have you guys switched from one cryptocurrency to other on account of continuous loss in gambling. If so what is the coin that has brought in big winnings as well as losses. Myself had thought of switching to other cryptocurrencies from ethereum and bitcoin once after every loss. After a long today myself tried with TRX instead of bitcoin. This also ended with loss, which made me realise it is not about the cryptocurrency and it is all about the luck.

Gambling is basically luck and strategy that one is using without any external force. The mode in which you deposit money on gambling platform do not guarantee one's fate or luck in winning bets. Anytime you intend gambling, you need to prepare your mind and plan yourself with a strategy or mode/patterns in which will guide you through time of success and also failure. You need to gambling wisely to avoid unnecessary heartbreak cause nothing good comes easy.

Renampun

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Quote from: Vaskiy on August 28, 2021, 01:30:28 PM

Have you guys switched from one cryptocurrency to other on account of continuous loss in gambling. If so what is the coin that has brought in big winnings as well as losses. Myself had thought of switching to other cryptocurrencies from ethereum and bitcoin once after every loss. After a long today myself tried with TRX instead of bitcoin. This also ended with loss, which made me realise it is not about the cryptocurrency and it is all about the luck.

that's right, there's no point in changing your token while playing, it's all purely based on your luck...

I actively play slots on betfury and very often change my coins when I lose on one coin but rarely makes me win. if you are not lucky on that day then changing coins or entering any amount of capital is useless.

Johnyz

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Quote from: Vaskiy on August 28, 2021, 01:30:28 PM

Have you guys switched from one cryptocurrency to other on account of continuous loss in gambling. If so what is the coin that has brought in big winnings as well as losses. Myself had thought of switching to other cryptocurrencies from ethereum and bitcoin once after every loss. After a long today myself tried with TRX instead of bitcoin. This also ended with loss, which made me realise it is not about the cryptocurrency and it is all about the luck.

No because if I lose my budget already, I have to stop right away and never chase any loses because we all know we can’t get it back and the probability to earn that money again is very low. You can switch on any crypto that you want as long as you are still on a budget by that day but if not, better to stop already.

ccFOUND

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You play with which crypto, decides the quantity of that coin because if you play with bitcoins, it is too expensive to buy and have a big number to play with. While in alternative cases where you use altcoins, then the number you'll be playing with on your hands, will be very huge. It also depends on how big the quantity you use when you gamble with alts and still, it is your luck that makes you a winner or a loser. We saw your story you once posted about losing big in gambling and we would suggest you to overcome this addiction.

DoublerHunter

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Quote from: Vaskiy on August 28, 2021, 01:30:28 PM

Have you guys switched from one cryptocurrency to other on account of continuous loss in gambling. If so what is the coin that has brought in big winnings as well as losses. Myself had thought of switching to other cryptocurrencies from ethereum and bitcoin once after every loss. After a long today myself tried with TRX instead of bitcoin. This also ended with loss, which made me realise it is not about the cryptocurrency and it is all about the luck.

^Lol, good thing that you realized at the end, it seems you already answered your concern here and you are definitely right, gambling is based on luck and nothing will change even though you will choose fiat over cryptocurrency or even cryptocurrency alone in any different kinds. Nevertheless, I saw the reply above and that is right, the possible reason gamblers switching into other cryptocurrencies is just because of the fees and additionally possible the speed of the transaction upon withdrawal or deposit are their concern. But this did not have an effect even though how many times you will switch to different cryptocurrencies.

Silberman

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Quote from: Vaskiy on August 28, 2021, 01:30:28 PM

Have you guys switched from one cryptocurrency to other on account of continuous loss in gambling. If so what is the coin that has brought in big winnings as well as losses. Myself had thought of switching to other cryptocurrencies from ethereum and bitcoin once after every loss. After a long today myself tried with TRX instead of bitcoin. This also ended with loss, which made me realise it is not about the cryptocurrency and it is all about the luck.

There are only two valid reasons to change the cryptocurrency that you are using for gambling, the first one is the most obvious which is that you do not have more of the currency you have been using for gambling so far and you have no option but to use another one, the other reason are the fees, as we know there are moments in the market where the fees of bitcoin and ethereum are very high and doge and similar coins are a good option during that time frame, switching coins to try to improve your luck is never going to work as it has no effect on it at all.

Quidat

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Quote from: Eureka_07 on August 28, 2021, 02:29:20 PM

Quote from: Vaskiy on August 28, 2021, 01:30:28 PM

Have you guys switched from one cryptocurrency to other on account of continuous loss in gambling. If so what is the coin that has brought in big winnings as well as losses. Myself had thought of switching to other cryptocurrencies from ethereum and bitcoin once after every loss. After a long today myself tried with TRX instead of bitcoin. This also ended with loss, which made me realise it is not about the cryptocurrency and it is all about the luck.

I do not see any significant relationship between lossing/winning and the cryptocurrency that you've used to play. They're irrelevant. The coin of your choice will not make any difference of the games on casinos being random. We're telling you changing coin doesn't affect your win-loss ratio.

Doesnt really matter on what coin you are using because winning probability or chances will really always matter with luck.This is the main factor on why we do win games.
Its up to you if you do switch up on other coins but it wont really be change a thing because if you are unlucky of that day then no matter how many coins you would be
using then you would still getting the same result. Luck is the main thing on why we do win specially in pure luck based type of games but if we are dealing with some
strategic based then there might be some chance.

Oshosondy

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Quote from: suzanne5223 on August 28, 2021, 02:14:28 PM

I believe you're yet to understand the concept of gambling, it was a game of chance and no cryptocurrency can guarantee your winning in every single game you play but you need to first understand the concept of the game, the game that works for you (which is the one you're good at, an example I'm luck in sport betting especially tennis) and choose crypto you want.

Gambling is truly a game of chance, but I do not try to understand any concept of a game or a game that works for me, I like football, I have passion for it, that is why I choose only football, I do not gamble beyond football. Also I use the amount I can afford to lose, a very small amount to gamble.

Quote from: dunfida on August 28, 2021, 02:20:57 PM

ways on how to make ourselves to be a winner or profitable but once the reality slap our faces then thats the time we do say that it wont really be working.

Yes you are right, only luck should we think more of, no game can not result to loss, gambling should just be for the fun of it and not any other reason.

Quote from: Eureka_07 on August 28, 2021, 02:29:20 PM

I do not see any significant relationship between lossing/winning and the cryptocurrency that you've used to play. They're irrelevant. The coin of your choice will not make any difference of the games on casinos being random. We're telling you changing coin doesn't affect your win-loss ratio.

Truly irrelevant, just like fiat does not determine wining or loss.

Eureka_07

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Quote from: Vaskiy on August 28, 2021, 01:30:28 PM

Have you guys switched from one cryptocurrency to other on account of continuous loss in gambling. If so what is the coin that has brought in big winnings as well as losses. Myself had thought of switching to other cryptocurrencies from ethereum and bitcoin once after every loss. After a long today myself tried with TRX instead of bitcoin. This also ended with loss, which made me realise it is not about the cryptocurrency and it is all about the luck.

I do not see any significant relationship between lossing/winning and the cryptocurrency that you've used to play. They're irrelevant. The coin of your choice will not make any difference of the games on casinos being random. We're telling you changing coin doesn't affect your win-loss ratio.

Topic: Gambling and Cryptocurrencies - page 3. (Read 459 times)