Gambling on events, where do you draw the line? - page 2.

rodskee

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Quote from: tsaroz on December 09, 2024, 10:03:25 AM

One of the reason why many of such events betting won't work is due to the people who have intel before the event. i.e. higher ranking Israeli soldier would have the idea of a plan to attach Syria soon, they could easily misuse it on their favor.

do soldiers really hold human life with so little regard that they could bet on something that would affect countless of other people’s lives potentially including ones from their very own country?

wars aren’t games and people’s lives aren’t toys so to bet on this kind of thing is frankly disgusting it’s basically saying “i bet i can kill someone” and then actually doing it it’s very alarming honestly and should not be normalized

maybe betting like this will not do anything in real life but i still think it’s insensitive

cabron

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Quote from: stompix on December 07, 2024, 04:40:55 PM

Will Israel invade Syria in 2024? $408,982 Vol.

Would you try to make money on this?

Looks like the invasion already started according to the news. I think the people who are into geopolitics could foresee this coming beforehand.
Whoever bets YES wins the large sum as this is premeditated.

Of course they didn't say Israel invaded Syria but it's the same thing as it only sounds like Israeli troops visited the place when in fact they were already in the Golan Heights before the terrorists came. Golan Heights has been part of Syria since time immemorial.

Nope I'm not betting on this kind of events.

Apocollapse

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Quote from: tsaroz on December 09, 2024, 10:03:25 AM

Firstly I don't watch in these events odds unless I'm interested in it and I have a gut feeling that the general trend on media don't reflect the reality. Secondly I don't get much of these events gambling options on regular crypto sites. I did bet on Trump vs Harris on dgbet but they too seem to have very limited options and I haven't found the prediction of wars on the sites I use.
One of the reason why many of such events betting won't work is due to the people who have intel before the event. i.e. higher ranking Israeli soldier would have the idea of a plan to attach Syria soon, they could easily misuse it on their favor.

There were many bookies who include The US presidential election, maybe like 8/10 casinos.

I don't think a big event like global war is manipulated by certain people, it's really not make any sense if their decision is based on how many people bet on certain bookies. It's too big to manipulate, small events and not related to war are likely to be manipulated.

Football match was the example.

ethereumhunter

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Quote from: Weawant on December 11, 2024, 06:26:29 PM

Quote from: stompix on December 07, 2024, 04:40:55 PM

We recently had endless discussions about elections in the US, while most of it was just about politics and less about actually betting, it did spark an interesting question in my mind at that time, and that was, would you bet on the guy that you don't like and you voted against because you know your candidate would lose? So keep your vote, but go for the $?

Aside those who do say they gamble for fun and those who actually gamble for fun, majority Gamblers do gamble to make money so the chances are higher they will always gamble in a way that will favor them and put some dollars in their pocket but on the other hand it may not be their wish, so instead of loosing out completely, they will make sure to have something to reckon with from one end and the other end they can loose probably as it has to do with their choice of candidate in the election.

Yes, people gamble because of fun and make money. But we should understand that we can not always win in gambling so we can choose fun instead money. Money will come to us if we are lucky. But if that is the case, we can vote against our candidate because we see that our candidate can lose anytime. We must be wise using gambling and know the situation that can benefit us so we can place our bet to other candidate instead choose our candidate. A gambler want to takes something from gambling if they can so they will choose the candidate who have a big chance to win. That will make sense.

Darker45

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I've actually placed bets on stuff such as these, I mean on events outside sports. And I don't think it's a big deal. Making predictions-- and, yeah, possibly making money in the process-- doesn't necessarily mean you are in favor or against.

There might be a sense that you're trivializing it, but that's not the intention. It's not as if you're praying that Israel would attack Iran simply because you've placed a bet on it. You're just predicting based on the developments. Your bet can't influence their decisions anyway.

But, yeah, thanks for pointing this out. We might as well bet on things that don't involve killings and deaths of innocent children.

AVE5

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Quote from: stompix on December 07, 2024, 04:40:55 PM

We recently had endless discussions about elections in the US, while most of it was just about politics and less about actually betting, it did spark an interesting question in my mind at that time, and that was, would you bet on the guy that you don't like and you voted against because you know your candidate would lose? So keep your vote, but go for the $?

Getting to imply social sentiments to gambling will always end us bunches of failures because the goal to gambling is to win and the excitement of live games is for your club of fans to win.
So when I see it visible that even one like Mr Devil has the winning position, of course I'll bet of him a thousand times and then more $ to my accounts. Favorite team or players can always stay behind bar while I'm cashing out on them.

Weawant

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Quote from: stompix on December 07, 2024, 04:40:55 PM

We recently had endless discussions about elections in the US, while most of it was just about politics and less about actually betting, it did spark an interesting question in my mind at that time, and that was, would you bet on the guy that you don't like and you voted against because you know your candidate would lose? So keep your vote, but go for the $?

Aside those who do say they gamble for fun and those who actually gamble for fun, majority Gamblers do gamble to make money so the chances are higher they will always gamble in a way that will favor them and put some dollars in their pocket but on the other hand it may not be their wish, so instead of loosing out completely, they will make sure to have something to reckon with from one end and the other end they can loose probably as it has to do with their choice of candidate in the election.

pawanjain

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Quote from: Mia Chloe on December 08, 2024, 02:55:31 PM

Quote from: pawanjain on December 08, 2024, 08:22:30 AM

It really depends on the individuals preference doesn't it?
If the person is someone who wants to gamble and go for the money then they won't hesitate whether it's the person they voted for or not.
On the other hand, if the person is someone who would know that their candidate is not going to win then why would they place a bet at all knowing that they are gonna lose anyway ?

I've seen some discussions where people argue on matters like this. Some even argue that some gamblers place bets on teams that they support just because they are their favourite clubs or teams even if they know that they would lose the game but the fact is that I actually don't fancy that concept. If you are actually very sure that particular team would lose based on what ever idea you make use then it's best to just stay and watch the game only instead of betting.
In my opinion I actually think that they really didn't know for sure that the particular team would lose because I don't think literally anyone would be happy to bet on something they know is a lost cause.

Exactly, I have the same thing in mind. Recently, I met a friend who placed a bet on his favourite team too despite knowing his team might lose.
But he wasn't fully sure but chose to bet on his favourite team which is still understandable.
On the other hand, people who know their team will lose or has a very less chance to win should just prefer avoiding the bet itself.

Strongkored

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Not interested in betting on such events because betting on events about humanity like that, seems to have no sympathy for the people who will be affected by the incident
I remember a betting site that also provides bets like those available on polymarket, I don't know if that betting site is still running or has closed.

Julien_Olynpic

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I don't quite understand why we can't bet on the guy we voted against, but who we think is likely to win. Personally, I don't see any contradiction or moral dilemma in this. We have to understand that a bet is just a bet. You don't make money on "human lives" and "human grief", you just get money for the outcome that you correctly predicted. Moreover, if you win money, you can use it for charity. Let's say there is a bet on Polymarket "Will terrorists attack the US in 2025?" And if you bet your money that this will actually happen and you win, then you will have money to help the victims of the terrorist attack.

adultcrypto

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Quote from: stompix on December 07, 2024, 04:40:55 PM

We recently had endless discussions about elections in the US, while most of it was just about politics and less about actually betting, it did spark an interesting question in my mind at that time, and that was, would you bet on the guy that you don't like and you voted against because you know your candidate would lose? So keep your vote, but go for the $?

To succeed in anything in life, one must be able to put emotions in check and chase the goal which for gambling, is the money. I will always go with the option that will give me the money even if it means betting against my team or the candidate I support. Let the gamble winning be my consolation if the club or candidate fails.

Quote from: stompix on December 07, 2024, 04:40:55 PM

Here are a few examples from Polymarket right now, from bad to worse:

Will Israel invade Syria in 2024? $408,982 Vol.
Another Israeli military action against Iran in 2024? $750,767 Vol.
North Korea x South Korea military clash in 2024?$653,593 Vol.
Will a nuclear weapon detonate in 2024? $3,445,778 Vol

Would you try to make money on this?

These are tempting bets but I feel scared about that of nuclear weapon exploding in 2024, which has the highest volume. However, that may not happen because no one is ready for the consequences of that yet. By the way, 2024 is almost gone and some of these things hasn't happened or are they suggesting that the world will end this December? Cheesy

Gheka

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Quote from: Dr.Bitcoin_Strange on December 09, 2024, 07:25:12 AM

Quote from: lovesmayfamilis on December 09, 2024, 05:49:24 AM

I am interested in the outcome of the fourth bet. How will the winner feel? Will he be truly proud of having predicted a nuclear explosion? In general, what should be in the minds of people who bet on something like this? Have they forgotten their place of residence, or do they think that nothing will affect them, and they will become rich in human grief? My opinion is that those who bet on wars or any catastrophes, expecting and understanding that many people may die, must be immediately tracked and placed in some closed premises, isolating them from people. After all, if they can calmly expect this and wait for the win, then it is unknown what drives them and what danger they pose directly to those around them.

Some people don't have conscience at all, that's why they can engage in such kind of bet, it's so inhumane to bet on such event because they want to make money, meanwhile there are other legal betting activities like football that they can bet on. I do blame those that even conduct such kinds of gambling activity and any casino or bookies conducting such activity should be prompted not to add such event or be ceased.

The last part of conscience has probably been erased by gambling and replaced by another perverted moral virtue, at that time morality for these people is not equal to a bet, in fact they are not cruel like many people, their actions are only at the level of annoying, so to blame such people is just a small complaint. However, the most disgusting problem is that as long as these events do not go smoothly, the criticism from the betting department increases sharply, which can put pressure on the characters in the event, and gamblers who use external coercion to achieve victory are not entirely ethical.

tsaroz

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Firstly I don't watch in these events odds unless I'm interested in it and I have a gut feeling that the general trend on media don't reflect the reality. Secondly I don't get much of these events gambling options on regular crypto sites. I did bet on Trump vs Harris on dgbet but they too seem to have very limited options and I haven't found the prediction of wars on the sites I use.
One of the reason why many of such events betting won't work is due to the people who have intel before the event. i.e. higher ranking Israeli soldier would have the idea of a plan to attach Syria soon, they could easily misuse it on their favor.

Charles-Tim

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I have just seen this thread which is the reason for my late reply. But I think I have to give my own opinion.

Quote from: stompix on December 07, 2024, 04:40:55 PM

We recently had endless discussions about elections in the US, while most of it was just about politics and less about actually betting, it did spark an interesting question in my mind at that time, and that was, would you bet on the guy that you don't like and you voted against because you know your candidate would lose? So keep your vote, but go for the $?

Why not! If I know that the side that I am not supporting is having higher chance to win, I will prefer to go for them.

Quote from: stompix on December 07, 2024, 04:40:55 PM

At that time I abandoned the idea of creating such a topic cause the whole situation on the forum was already bad enough, tuning those topics into 4 chan material but with the current events and current "offers" on polymarket, from the Tyson match to actual war I'm curious, what kind of bets are simply too much for you?

Here are a few examples from Polymarket right now, from bad to worse:

Will Israel invade Syria in 2024? $408,982 Vol.
Another Israeli military action against Iran in 2024? $750,767 Vol.
North Korea x South Korea military clash in 2024?$653,593 Vol.
Will a nuclear weapon detonate in 2024? $3,445,778 Vol

Would you try to make money on this?

Non is too much for me. Maybe because I am not from any continent in relation to what you mentioned. They are just bets and my bet can not affect the outcome of what will happen.

I have not used Polymarket before. I think I have to visit the site to know how these bets are.

Solosanz

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These events are hard to guess, hence I don't want to bet on such events, beside it's morality.

Quote from: Kasabus on December 08, 2024, 06:56:15 PM

If you enter gambling, rest assured all you want is profits, just like the majority is. And when it comes to betting, where there is higher odds for winning, I’ll go for it. Gambling is not about who your friends or enemies are, but it’s on how you analyze the outcome of your bets through making good assessment, aside from getting lucky which is the topmost.

There's no way to analyze this kind events, even Bitcoin price can't be predicted although we already know the three previous super cycle.

If you looking for high odds, you can find that in any games. Example football, if you bet on a player that would score a goal and you pick someone who rarely score, the odds would be very high.

Akbarkoe

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Quote from: stompix on December 07, 2024, 04:40:55 PM

We recently had endless discussions about elections in the US, while most of it was just about politics and less about actually betting, it did spark an interesting question in my mind at that time, and that was, would you bet on the guy that you don't like and you voted against because you know your candidate would lose? So keep your vote, but go for the $?

At that time I abandoned the idea of creating such a topic cause the whole situation on the forum was already bad enough, tuning those topics into 4 chan material but with the current events and current "offers" on polymarket, from the Tyson match to actual war I'm curious, what kind of bets are simply too much for you?

Here are a few examples from Polymarket right now, from bad to worse:

Will Israel invade Syria in 2024? $408,982 Vol.
Another Israeli military action against Iran in 2024? $750,767 Vol.
North Korea x South Korea military clash in 2024?$653,593 Vol.
Will a nuclear weapon detonate in 2024? $3,445,778 Vol

Would you try to make money on this?

Polymarket raises issues like this is it not against the law? the bets it offers are too controversial, as if supporting the war, although it is only speculation predictions and we only choose yes or no will happen all these things, but this is very unusual we see in gambling.

What he is offering is quite horrifying because it immediately draws a picture in my mind, how many more people will die because of the endless war, I really hate it and I hope none of that happens next year, therefore I will not bet on things that violate my own personality.

summonerrk

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I have never participated in such bets and will not, because it is absolutely the same gambling and betting, just more transparent, without stupid pictures, but the essence remains the same - this is an activity that kindles excitement. It is a pity, of course, that in the modern world there are such events that are listed above, and not something more peaceful.
But unfortunately, this is what is happening now. I want to add that I sincerely hope that for everyone who bets their money on the onset of peace - this bet will play, even if it is also part of gambling.

Fivestar4everMVP

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Quote from: stompix on December 07, 2024, 04:40:55 PM

We recently had endless discussions about elections in the US, while most of it was just about politics and less about actually betting, it did spark an interesting question in my mind at that time, and that was, would you bet on the guy that you don't like and you voted against because you know your candidate would lose? So keep your vote, but go for the $?

At that time I abandoned the idea of creating such a topic cause the whole situation on the forum was already bad enough, tuning those topics into 4 chan material but with the current events and current "offers" on polymarket, from the Tyson match to actual war I'm curious, what kind of bets are simply too much for you?

Here are a few examples from Polymarket right now, from bad to worse:

Will Israel invade Syria in 2024? $408,982 Vol.
Another Israeli military action against Iran in 2024? $750,767 Vol.
North Korea x South Korea military clash in 2024?$653,593 Vol.
Will a nuclear weapon detonate in 2024? $3,445,778 Vol

Would you try to make money on this?

This is absurd to be honest with you, I used to think that betting was all about just having fun with out prediction of outcome of a sports event, which if at the end, if our prediction is right, we are happy, jubilate and have a fee bottles of drink with friends from the money we are paid as our winning. While on that other hand, if we are wrong with our prediction, we are also happy and laugh off the lost fund with friends as well, or perhaps, another friend was right with the prediction, we rejoice with that one and have a few bottles of drinks from his won money as well.

It is absurd to see that today, motive for betting have shifted alot, and today, people are willing to bet on the downfall of another simply because they need to make money, I won't be surprised if one day, we are made to bet on our own life as well, that we, we could see bets like, will so so person (insert name) die in his sleep by tomorrow? And we still see people throwing money on such, this is inhuman.

As for me, I will never participate in bets that is outside of sports, and it's doesn't matter how much people are making from such type of betting, lifes of humans are more precious than money, we ought to learn to respect human lives.

Dr.Bitcoin_Strange

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Quote from: lovesmayfamilis on December 09, 2024, 05:49:24 AM

I am interested in the outcome of the fourth bet. How will the winner feel? Will he be truly proud of having predicted a nuclear explosion? In general, what should be in the minds of people who bet on something like this? Have they forgotten their place of residence, or do they think that nothing will affect them, and they will become rich in human grief? My opinion is that those who bet on wars or any catastrophes, expecting and understanding that many people may die, must be immediately tracked and placed in some closed premises, isolating them from people. After all, if they can calmly expect this and wait for the win, then it is unknown what drives them and what danger they pose directly to those around them.

Some people don't have conscience at all, that's why they can engage in such kind of bet, it's so inhumane to bet on such event because they want to make money, meanwhile there are other legal betting activities like football that they can bet on. I do blame those that even conduct such kinds of gambling activity and any casino or bookies conducting such activity should be prompted not to add such event or be ceased.

lovesmayfamilis

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I am interested in the outcome of the fourth bet. How will the winner feel? Will he be truly proud of having predicted a nuclear explosion? In general, what should be in the minds of people who bet on something like this? Have they forgotten their place of residence, or do they think that nothing will affect them, and they will become rich in human grief? My opinion is that those who bet on wars or any catastrophes, expecting and understanding that many people may die, must be immediately tracked and placed in some closed premises, isolating them from people. After all, if they can calmly expect this and wait for the win, then it is unknown what drives them and what danger they pose directly to those around them.

Topic: Gambling on events, where do you draw the line? - page 2. (Read 947 times)