Gambling using chip in money? | Bitcointalksearch.org

Mr. Magkaisa

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Quote from: Coin_trader on March 07, 2023, 10:57:31 AM

I recently watch video of Adin Ross about using his friends money to gamble. His friends allow him to gamble it and it’s just insane to see how this kind of things work during shit case scenario. On the video, Adin won’t allow them to cash-out unless they will agree for the all-in bonus buy on slot or they can cashout but with just a break even amount of their bank roll. They start from a 1000 grand balance and they manage to turn it to 7000$. Actually they are trying to cashout the moment they made 2000$ but Adin keeps giving them that same option to push them to play more. I know that Adin is just toying with them but their reaction is just hilarious because they are serious due to the money amount involved.

I’m still not experiencing it but sounds fun at the same time to share experience of winning and losing with your friend. Do you guys do it?

Watch the video here: https://youtu.be/tKqO2UaYDhA

- Even when I have never experienced it because of course that is other people's money and not mine. Now, according to the video, Adin is sadistic and can be cruel to play and I could say a game master that's hard to beat.

I can't deny that he plays well, imagine that from 700$ he was able to turn the money that Adin's friend entrusted him with into thousands of dollars. I didn't even finish the video because if I look at it, it looks like Adin is also taking advantage of his friend who trusted him to send the money to be used for gambling.

michellee

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It is interesting to play gambling with friends. There will be commotion between us when we see defeat coming. This requires trust between our friends and us because we use the money together to play gambling and if we win, we will share the money. But if we lose, we shouldn't regret it.

I've never done it because I'm too afraid about the risk of playing gambling using shared capital. I prefer to gamble alone and won't regret it if I lose. But if one of us is an expert in the poker game, maybe I will try to join my friends and bet together.

Kakmakr

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I can understand why some people might be inclined to do that, because a myth exist..where some viewers of these streamers, believe that these paid streamers are given a "special" client seed, so that it might look like people are winning more than what actually happens with other players seed.

The reason why it looks like this is quite simple..... Paid streamers get loads of money from the casinos and they can play until the RTP kicks in...... other players have a much smaller budget, so they play until the money runs out ..way before the RTP kicks in. Roll Eyes

It is all "Smoke & Mirrors" my friend... Tongue

len01

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Quote from: Coin_trader on March 07, 2023, 10:57:31 AM

-snip

I’m still not experiencing it but sounds fun at the same time to share experience of winning and losing with your friend. Do you guys do it?

Watch the video here: https://youtu.be/tKqO2UaYDhA

I've done that experience with my friends a few times and it's really really fun and I feel like luxury entertainment done together.
but I also had a bad experience when I made a bet using my friend's money and we agreed to be responsible for all of our bets. and unfortunately when some money lost and my friend's balance ran out, he got angry and said it was my fault. even though in the initial agreement we gambled responsibly but when he lost he actually blamed me and stayed away from me since that incident.

Hispo

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Quote from: madnessteat on March 09, 2023, 02:41:09 PM

Quote from: Hispo on March 09, 2023, 01:29:15 PM

This sounds rather like a speed-run to end a friendship, if one is not careful.
I get this kind of things can be entertaining among friends during a travel to Las Vegas or drinking some beers and they decide to log onto an online casino to see what happens.

The problem is that the person who gambles, usually is aware that there is a fairly high possibility of losing it all and if the friend is rather new to gambling, then he could have some fake expectations of getting a lot of money out of nowhere just because his "experienced" friend is gambling his money.

So, no I would not do that. It is better to grieve one's own money if there are losses, rather than spoiling a friendship.

I absolutely agree with you. In general I think that in order not to lose friends you need to learn to separate friendship and financial matters. As life shows very often business with friends in the end leads to distrust, disputes and disintegration of friendship. Therefore, friendship is friendship, but in the casino, everyone must play with their own money.

I think I could make an exception if my friend understood it is money that we would likely lose forever during that night.
I would tell him something like "give me what you are willing to lose and if we indeed losing it, we will let it go and not try to get it back by gambling". It is a bad idea to say stuff like "we gonna get rich tonight" or something similar.

However, considering I would be likely a bit intoxicated, it would not be surprising f I joked a bit about it.
... Better safe than sorry, and keep friends and gambling away from each other, I guess. As we agreed.

harizen

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We already did this before with my friends but don't have success doing it. It's a good way to increase our bankroll and as usual, bets should always be planned carefully as everyone on-board will really have their own analysis.

Sometimes we end up arguing about who's going to bet so in the end, the focus is not there.

I'd rather do solo betting now for my own good. Cheesy

Fatunad

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Quote from: darewaller on March 09, 2023, 03:48:20 PM

Quote from: Solosanz on March 08, 2023, 07:14:26 AM

Quote from: AbuBhakar on March 08, 2023, 05:20:01 AM

Doing this coop gambling will just put your friendship in jeopardy because we know how person behavior becomes unstable during at loss.

When money is involved we will know the real behavior of our friend, if you have a friend who can still able become after your friend after huge loss you did, protect your friend at all cost because he's the true friend. Sometime you need to test your friend behavior with money involved, if he ask small loan, just give it and let's see if he will pay back the loan based on time or not, if not your friend isn't good enough to trust.

This is why money is said to be the root of all evil because it can make a person turn to evil. They can do bad things only to ensure that they can get money. People must understand that money is only money and can still be find easily after you lose it but not a true friend. It will take ages before we can find another one so we must be careful to not lose them.

If my friend ask a small a loan I will first ask their reason. If it's a valid one like they need money to buy a food. I will let them. If they can't repay on time, there must be a reason for this. If they keep on doing the same thing, that must be the time to confront them if what are their real motive to us.

Root of all evil you do say? but im not really that much agreeing with that considering that what makes it evil is basing or depending on someones intent and this is where things becomes bad if someone
does have that bad intent.

In the case on the op situation where using up others money and making out some guarantees then its never been that ideal because if things turns out into different manner or
somewhat that hadnt been expected then this is where relationships do really comes at a risks on getting broken considering out of those given promises.

darewaller

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Quote from: Solosanz on March 08, 2023, 07:14:26 AM

Quote from: AbuBhakar on March 08, 2023, 05:20:01 AM

Doing this coop gambling will just put your friendship in jeopardy because we know how person behavior becomes unstable during at loss.

When money is involved we will know the real behavior of our friend, if you have a friend who can still able become after your friend after huge loss you did, protect your friend at all cost because he's the true friend. Sometime you need to test your friend behavior with money involved, if he ask small loan, just give it and let's see if he will pay back the loan based on time or not, if not your friend isn't good enough to trust.

This is why money is said to be the root of all evil because it can make a person turn to evil. They can do bad things only to ensure that they can get money. People must understand that money is only money and can still be find easily after you lose it but not a true friend. It will take ages before we can find another one so we must be careful to not lose them.

If my friend ask a small a loan I will first ask their reason. If it's a valid one like they need money to buy a food. I will let them. If they can't repay on time, there must be a reason for this. If they keep on doing the same thing, that must be the time to confront them if what are their real motive to us.

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Quote from: freedomgo on March 09, 2023, 02:32:49 PM

Quote from: qwertyup23 on March 08, 2023, 05:56:14 PM

Quote from: Adbitco on March 07, 2023, 12:56:54 PM

Betting is spiritual, I can't afford to bet with a fellows money because there are lots of risk involved, first what if they lost his money while betting trying to play the slot who would take the blame or who would pay back Adin or his friend?
Despite how calm or cool him seems to be during betting and you notice you are on the - minus side I don't expect a reasonable man to keep betting. However I never bet with a friend together or even betting with his money rather I have called a friend to borrow me money to try my last chance, borrowing doesn't mean it a huge money but very little which later send back to him after I got home because I couldn't get access to my mobile app to make a transfer.

To be honest, betting with a friend (or using his money) is deceiving in a way that he might give you permission. In the event that you do incur a profit, expect that your friend would at least receive the lion's share from it. But the moment that you lost your friend's money, expect that he would definitely ask for you to pay it- to the point of even breaking your friendship.

Betting/gambling is highly addictive and potentially dangerous especially when you are dealing with relatively high amounts of bets in a given process. There is that chance that you might win big and you might turn a $1000 bet and double/triple it, but the risks are too high for me to even consider betting that kind of amount.

Hence why money is called "the root of all evil".

Even if they chip-in together to create a bank roll, they are still bound to argue with each other as there will be some point that they will have a misunderstanding as the other one will not agree with their current bets and even if that bet won, the tension has already started and the same thing will happen again until they will resort to break their relationship just because of the money. What's unfortunate about is their bond was wasted for a nonsense, that is why I keep myself from gambling when it comes to my friends.

For one to maintain a cordia relationship he or she has to do away with money just as you have said earlier. Avoiding some certain things that involves money will always prolonged the relationship between to fellows most especially money being given as gift or money being won as lottery.

madnessteat

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Quote from: Hispo on March 09, 2023, 01:29:15 PM

This sounds rather like a speed-run to end a friendship, if one is not careful.
I get this kind of things can be entertaining among friends during a travel to Las Vegas or drinking some beers and they decide to log onto an online casino to see what happens.

The problem is that the person who gambles, usually is aware that there is a fairly high possibility of losing it all and if the friend is rather new to gambling, then he could have some fake expectations of getting a lot of money out of nowhere just because his "experienced" friend is gambling his money.

So, no I would not do that. It is better to grieve one's own money if there are losses, rather than spoiling a friendship.

I absolutely agree with you. In general I think that in order not to lose friends you need to learn to separate friendship and financial matters. As life shows very often business with friends in the end leads to distrust, disputes and disintegration of friendship. Therefore, friendship is friendship, but in the casino, everyone must play with their own money.

Casdinyard

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Pretty sure they're doing this for content, and are getting the money back one way or another. But in real life using other people's money to fuel your entertainment or gambling addiction is just a big no-no for me. Adin could get away with it coz he's an influencer who earns money by portraying the role of a jackass, courtesy of no other than Andrew "Chinless" Tate. But turn the situation around, and make Adin Ross a regular joe with no following and no acclaim and you'll realize how fucked what he's doing. To each his own at the end of the day, but you can never catch me doing something that stupid, moreso with a trusted friend's money. And the fact that he's not letting the people who he took the money to gamble with choose what they wanna do with their own money? Shit's weird man.

freedomgo

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Quote from: qwertyup23 on March 08, 2023, 05:56:14 PM

Quote from: Adbitco on March 07, 2023, 12:56:54 PM

Betting is spiritual, I can't afford to bet with a fellows money because there are lots of risk involved, first what if they lost his money while betting trying to play the slot who would take the blame or who would pay back Adin or his friend?
Despite how calm or cool him seems to be during betting and you notice you are on the - minus side I don't expect a reasonable man to keep betting. However I never bet with a friend together or even betting with his money rather I have called a friend to borrow me money to try my last chance, borrowing doesn't mean it a huge money but very little which later send back to him after I got home because I couldn't get access to my mobile app to make a transfer.

To be honest, betting with a friend (or using his money) is deceiving in a way that he might give you permission. In the event that you do incur a profit, expect that your friend would at least receive the lion's share from it. But the moment that you lost your friend's money, expect that he would definitely ask for you to pay it- to the point of even breaking your friendship.

Betting/gambling is highly addictive and potentially dangerous especially when you are dealing with relatively high amounts of bets in a given process. There is that chance that you might win big and you might turn a $1000 bet and double/triple it, but the risks are too high for me to even consider betting that kind of amount.

Hence why money is called "the root of all evil".

Even if they chip-in together to create a bank roll, they are still bound to argue with each other as there will be some point that they will have a misunderstanding as the other one will not agree with their current bets and even if that bet won, the tension has already started and the same thing will happen again until they will resort to break their relationship just because of the money. What's unfortunate about is their bond was wasted for a nonsense, that is why I keep myself from gambling when it comes to my friends.

Hispo

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This sounds rather like a speed-run to end a friendship, if one is not careful.
I get this kind of things can be entertaining among friends during a travel to Las Vegas or drinking some beers and they decide to log onto an online casino to see what happens.

The problem is that the person who gambles, usually is aware that there is a fairly high possibility of losing it all and if the friend is rather new to gambling, then he could have some fake expectations of getting a lot of money out of nowhere just because his "experienced" friend is gambling his money.

So, no I would not do that. It is better to grieve one's own money if there are losses, rather than spoiling a friendship.

Bushdark

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Quote from: chaser15 on March 08, 2023, 06:55:35 PM

I don't experience this yet since sharing money with my friend will just influence what I preferred to bet.

Although we can talk about this beforehand who's the one that will lead the bet, I just choose to play by myself.

It's a good strategy to share bankroll with friends, but I'm the type of gambler that's don't like it, that simple.

It is a good strategy sharing bankroll with friends but with if at the end the two friends to not agree on a particular bet?
I would preferably choose making the betting with my money so if I lose I will accept the result without blaming anybody fort loses than teaming together and at the end we blame each other for our loses which might be as a result of nit being lucky.
So many things can happen when the gamblers put there bankroll together to make bet and if care is not taken that might lead to a big contention.

BobK71

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Quote from: Cling18 on March 08, 2023, 04:40:26 PM

Quote from: aioc on March 08, 2023, 04:06:51 PM

Quote from: Coin_trader on March 07, 2023, 10:57:31 AM

I’m still not experiencing it but sounds fun at the same time to share experience of winning and losing with your friend. Do you guys do it?

If you're the one playing, then you should not be the one suggesting this, they might think that you're just using their money to sustain your gambling, it should be a mutual agreement of all parties involved and there should be a gentlemen's agreement with whatever the result is, you will all respect it.
I'm not comfortable with this setup and I haven't tried it before, I don't want to gamble using other people's money
because I cannot guarantee a win and it might cause a rift between us, even if some of your friends make not aware of it.

They say gambling can ruin relationships and friendships. I've heard stories like this and they end up blaming and fooling each other in the end. When money is involved, we can't expect that friendship will be firm especially when it comes to gambling. Yes, it is a good thing that you are winning for now but you can face the consequences later on. If you want to gamble, you should use your own money and not rely on your friend's pocket.

Most of the relationships are ruined because of money. In this world people are most attracted towards money. Many people refer to money as the root of all happiness. And if there is any kind of negativity in that money transaction, then whatever relationship there is, there will be a big crack. I had a friend with whom I had good financial dealings but at one point when he borrowed money from me and lost a gamble, since then I tried to contact him but he avoid me. Gambling can be done by borrowing small money from friends but when it comes to big money it will destroy the relationship.

noormcs5

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Quote from: Coin_trader on March 07, 2023, 10:57:31 AM

I recently watch video of Adin Ross about using his friends money to gamble. His friends allow him to gamble it and it’s just insane to see how this kind of things work during shit case scenario. On the video, Adin won’t allow them to cash-out unless they will agree for the all-in bonus buy on slot or they can cashout but with just a break even amount of their bank roll. They start from a 1000 grand balance and they manage to turn it to 7000$. Actually they are trying to cashout the moment they made 2000$ but Adin keeps giving them that same option to push them to play more. I know that Adin is just toying with them but their reaction is just hilarious because they are serious due to the money amount involved.

I don't think this matter should be taken with non-seriousness as there is real money involved in the gamble. What's the purpose of cash out at break even when you have made 7000$ from 1000$? Winning in gambling is already very difficult and here they just lose their 6000$ cash.
Wouldn't it be better if they had just cashed out this money and then use this money to have fun outside the casino? I think these people have missed the opportunity.

By the way, the casino owners will be very happy that these friends aren't cashing out at 7000$ Shocked

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Quote from: chaser15 on March 08, 2023, 06:55:35 PM

I don't experience this yet since sharing money with my friend will just influence what I preferred to bet.

Although we can talk about this beforehand who's the one that will lead the bet, I just choose to play by myself.

It's a good strategy to share bankroll with friends, but I'm the type of gambler that's don't like it, that simple.

It could be a burden for those of us who play, especially when we lose because there was a misunderstanding between us when we were going to place a bet.
Yes, it's only natural if we think that everything will change when the defeat happens to us who place a bet, affecting our friendship.
And yes, if we don't want to see any rifts in the friendship, we might suggest placing our bets and seeing who can win.
Thus, we will not share our bankroll with other friends and can be freer in making choices.

STT

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Everything he does is for publicity and really its a broadcast for the audience. 2000 is small fry to that guy if his viewing numbers are to be believed he gets maybe near 100k viewers just for turning on the stream which is larger then most. I don't get why he is popular but betting is just a side deal for him. Its content that matters, getting that many viewers consistently everyday is really a big deal with relatively low costs to do so; my guess he can cover any expenses for his entourage and does so ∴ dont take it absolutely serious.

AmoreJaz

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Quote from: chaser15 on March 08, 2023, 06:55:35 PM

I don't experience this yet since sharing money with my friend will just influence what I preferred to bet.

Although we can talk about this beforehand who's the one that will lead the bet, I just choose to play by myself.

It's a good strategy to share bankroll with friends, but I'm the type of gambler that's don't like it, that simple.

that's very understandable. a lot preferred to bet on his own. you have no trouble in case something goes awry with your bet.
maybe, the experience will be good if you are in the winning side. but when you start losing and there's no chance of recovering, that's when the trouble will come in. blaming or something. that's not very nice to handle.

chaser15

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I don't experience this yet since sharing money with my friend will just influence what I preferred to bet.

Although we can talk about this beforehand who's the one that will lead the bet, I just choose to play by myself.

It's a good strategy to share bankroll with friends, but I'm the type of gambler that's don't like it, that simple.

Topic: Gambling using chip in money? (Read 362 times)