Gambling.. way to loss - page 13. | Bitcointalksearch.org

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: semobo on March 26, 2019, 07:44:46 AM

When we try to gamble in the long run then we will lose more money than what we had earned so far because normally you have winning chance of 1 in 10 bets so you will lose the won amount in 4 or 5 bets and the remaining bets will be played from our hand.

If the outcomes are unbiased then by probabilistic model, 50% of the bets will be wins and 50% will be losses. In that sense if you are going to win half of the bets you will win some money and if you lose the other half then not only will you lose what you just won but more because the house edge will take another percentage of the bet amount.

Hence the net amount you gain is in negative or in other words you lost money. Gamblers need to understand that the more they bet the more they are at risk of losing their winning. If that same person would withdraw before the losses start considering their luck then that would be a net profit, provided they dont roll again. The finer way of saying is that the house will always win no matter the amount you bet Cheesy

Capt00

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Quote from: ethereumhunter on March 26, 2019, 09:44:49 AM

Quote from: semobo on March 26, 2019, 07:44:46 AM

Quote from: 3x2 on March 25, 2019, 01:33:38 PM

Gambling is a bad way to multiply your bitcoins, sometime outcomes are too good and instant but when you are on losing streaks then you happen to lose more than you had ever won.

When we try to gamble in the long run then we will lose more money than what we had earned so far because normally you have winning chance of 1 in 10 bets so you will lose the won amount in 4 or 5 bets and the remaining bets will be played from our hand.

It is not advisable to gamble for the long run because we cannot imagine how much money we will lose. Besides that, we don't know how big our chance to win in the long run, and if you continue to gamble, then I will be called that you are going to go to a way to get a loss. From 10 bets, I think it's hard to get more than 4 times to win but getting lose in 4-5 bets will not too hard.

Even how long you play in gambling as long as you know how to discipline your self by having a nonsense emotion you can avoid the way of losses. Why we always worried about our loss, gambling is not a source of income and not also in trading. Expected that win or loss at least you've enjoyed what you have done. For me, gambling especially dice feature was always entertained me well.

ethereumhunter

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Leading Crypto Sports Betting & Casino Platform

Quote from: semobo on March 26, 2019, 07:44:46 AM

Quote from: 3x2 on March 25, 2019, 01:33:38 PM

Gambling is a bad way to multiply your bitcoins, sometime outcomes are too good and instant but when you are on losing streaks then you happen to lose more than you had ever won.

When we try to gamble in the long run then we will lose more money than what we had earned so far because normally you have winning chance of 1 in 10 bets so you will lose the won amount in 4 or 5 bets and the remaining bets will be played from our hand.

It is not advisable to gamble for the long run because we cannot imagine how much money we will lose. Besides that, we don't know how big our chance to win in the long run, and if you continue to gamble, then I will be called that you are going to go to a way to get a loss. From 10 bets, I think it's hard to get more than 4 times to win but getting lose in 4-5 bets will not too hard.

onrise

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Quote from: semobo on March 26, 2019, 07:44:46 AM

Quote from: 3x2 on March 25, 2019, 01:33:38 PM

Gambling is a bad way to multiply your bitcoins, sometime outcomes are too good and instant but when you are on losing streaks then you happen to lose more than you had ever won.

When we try to gamble in the long run then we will lose more money than what we had earned so far because normally you have winning chance of 1 in 10 bets so you will lose the won amount in 4 or 5 bets and the remaining bets will be played from our hand.

People will be losing money in the long run if you continue gambling for the longer period. So it is better to just play art intervals and have a great time while gambling rather than going back to just earn money from the gambling or recover the lost money in the due period. Also you would not be addicted to it if you play for fun.

hyunee

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Quote from: madrogue on March 22, 2019, 09:19:21 PM

In Crypto World, Gambling is fastest way to double crypto. You can doubling your tokens to 2x,3x,5x and more than 10x.
But to play Gambling is difficult if you play without knowledge.

Why i say Gambling is way to loss ?

In Gambling website, you can see review of users how much tokens they won in gambling. But, you don't know how much they deposit to play gambling.

Most of Gambling users history

Quote

TOTAL BET > TOTAL WIN

If my post have any incorrect, please reply

It's because gambling in cryptocurrency is anonymous. This is an example of what I am saying, gambler a gambles plinko, gamber b gambles a game of mines. Gambler a doesn't know the name of gambler b, and vice versa. So, it is anonymous. You don't know how much each gamblers deposited since, it is protected by the platform itself.

semobo

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Quote from: 3x2 on March 25, 2019, 01:33:38 PM

Gambling is a bad way to multiply your bitcoins, sometime outcomes are too good and instant but when you are on losing streaks then you happen to lose more than you had ever won.

When we try to gamble in the long run then we will lose more money than what we had earned so far because normally you have winning chance of 1 in 10 bets so you will lose the won amount in 4 or 5 bets and the remaining bets will be played from our hand.

mersal

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First of all I need to change this statement because gambling is not about making money it will all about making you stressless and for some fun but today's generation using it as a money making way but in sometimes it will be working not in many times so doing gambling for money making purpose will not be end up with good result.

emberbekas

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Quote from: madrogue on March 22, 2019, 09:19:21 PM

In Crypto World, Gambling is fastest way to double crypto. You can doubling your tokens to 2x,3x,5x and more than 10x.
But to play Gambling is difficult if you play without knowledge.

Why i say Gambling is way to loss ?

In Gambling website, you can see review of users how much tokens they won in gambling. But, you don't know how much they deposit to play gambling.

Most of Gambling users history

Quote

TOTAL BET > TOTAL WIN

If my post have any incorrect, please reply

Gambling is the fastest way to multiply our money, but gambling can also be the fastest way to destroy our balance too. Luck is what will determine whether we will win or not. Unfortunately, if someone gambles regularly and without a solid plan, the outcome will ultimately be against them.

qwertyup23

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Quote from: mu_enrico on March 23, 2019, 12:00:30 AM

I don't think any person with an average IQ would think that gambling is a way to earn profits. It's always a form of adrenaline based game, to give you excitement and pleasure.

If you want to invest, invest in your own business before you invest in other people business.

There are people out there that view gambling as a scapegoat and a way to answer their financial problems. Some people get lucky and obtain a significant amount of money but others succumb to addiction and ultimately destroy their lives due to the negative implication it gives.
Like what I said to other posts, gambling can never be profitable and it only hampers your decision making skills if you see it as an avenue rather than as a form of entertainment.

playboy654

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The last has happened for everyone in this field but the percentage of loss will be matter so if anyone get loss seen his gambling definitely it will affect his life totally but it was very little again example in world in it so the intuition of making money will not be work in gambling it will always be entertained everyone not for the money.

jakelyson

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Quote from: madrogue on March 22, 2019, 09:19:21 PM

In Crypto World, Gambling is fastest way to double crypto. You can doubling your tokens to 2x,3x,5x and more than 10x.
But to play Gambling is difficult if you play without knowledge.

Why i say Gambling is way to loss ?

In Gambling website, you can see review of users how much tokens they won in gambling. But, you don't know how much they deposit to play gambling.

Most of Gambling users history

Quote

TOTAL BET > TOTAL WIN

If my post have any incorrect, please reply

This post is totally contradicting itself.
First, OP stated gambling is the fastest way to double, triple and even x10 your crypto. And then he said total bet > total win. How can that be if you are doubling your crypto?

Then he said you cannot know how much they are depositing yet he came up with a total bet>total win.

Everyone can state this, but we can only qualify this as facts if there is real data backing these statements.

shoreno

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Quote from: Tungsten-1 on March 25, 2019, 01:52:20 PM

Quote from: joeperry on March 25, 2019, 07:32:37 AM

Quote from: mu_enrico on March 23, 2019, 12:00:30 AM

I don't think any person with an average IQ would think that gambling is a way to earn profits. It's always a form of adrenaline based game, to give you excitement and pleasure.

If you want to invest, invest in your own business before you invest in other people business.

It's true most of the people I've seen playing gambling games made gambling as their way to earn profits not knowing the risk they're facing... the OP is true as well some people are earning but we didn't know how much they invested and how much is their loses.

We might not know that his/her winning is just 10% of his total loses, we should really know what is gambling for and the risks of it for playing.

There are so many people who are earning good amount of money with gambling on daily bases, and many are using it just for fun, but till now I never lose anything, but if it is a game so surely one of both will lose and one will win, but our skills and information will help us to earn, I find it profit worthy.

What about those people who loose ? Gambling isnt about for having fun or for earning a profit but gambling is also a way to loose money though they did not expect it to happen . the skills amd information that you are saying will surely help to increase the gamblers chances of winning but still luck plays a vital role . and by the way , how come you didnt ever experience to loose in gambling ? Pro gamblers also loose because no one can master gambling .

justdimin

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www.Crypto.Games: Multiple coins, multiple games

Quote from: alexnambawan on March 25, 2019, 10:33:27 AM

Quote from: CODE200 on March 24, 2019, 06:59:56 AM

As a matter of fact playing gambling is way to make money instantly but there is small assurance that you can really make money from it. In addition to that, most of people still take the risk to play gambling because of instant but I think there are good and bad playing gambling to gain instant money. However, if I need instant money sometime I play in my favorite gambling site which I take the risk to play in order to earn instant money. but it's depend to the people if he/she will play.

Maybe if I need to have instant money I rather to keep it than to play it in gambling but it will still depend to the people on how he/she can gain instant money.

I see life generally as a risk and i am not afraid of taking risks. If i have instant money, I wouldn’t mind risking it to play. Who knows what would happen just by playing.

At least there is hope that i might get it back in double fold, so i won’t be scared of trying my luck after all holding until it will not increase the money and there is possibility of spending it on other non-important things. That remind me of the story of my old time friend, he walked down to a gambling location and according to him, the money he had on him that day was just the last but he just felt like playing, so he played it and that was the beginning of his breakthrough. He was lucky that day to win a huge amount of money that transformed his entire. What if he didn’t play?

Tungsten-1

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Quote from: joeperry on March 25, 2019, 07:32:37 AM

Quote from: mu_enrico on March 23, 2019, 12:00:30 AM

I don't think any person with an average IQ would think that gambling is a way to earn profits. It's always a form of adrenaline based game, to give you excitement and pleasure.

If you want to invest, invest in your own business before you invest in other people business.

It's true most of the people I've seen playing gambling games made gambling as their way to earn profits not knowing the risk they're facing... the OP is true as well some people are earning but we didn't know how much they invested and how much is their loses.

We might not know that his/her winning is just 10% of his total loses, we should really know what is gambling for and the risks of it for playing.

There are so many people who are earning good amount of money with gambling on daily bases, and many are using it just for fun, but till now I never lose anything, but if it is a game so surely one of both will lose and one will win, but our skills and information will help us to earn, I find it profit worthy.

rizkyhiw

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Quote from: madrogue on March 22, 2019, 09:19:21 PM

In Crypto World, Gambling is fastest way to double crypto. You can doubling your tokens to 2x,3x,5x and more than 10x.
But to play Gambling is difficult if you play without knowledge.

Why i say Gambling is way to loss ?

In Gambling website, you can see review of users how much tokens they won in gambling. But, you don't know how much they deposit to play gambling.

Most of Gambling users history

Quote

TOTAL BET > TOTAL WIN

If my post have any incorrect, please reply

If so, you cannot say that gambling is the fastest way to multiply crypto because gambling is really very difficult, people cannot continue to benefit and it is only fantasy for some who give up, indeed people are created to think and that is where thinking ability and looking for information or knowledge, I don't think that gambling is a fast way to copy crypto, the comparison between victory and defeat is sometimes unbalanced, so everything returns to personality.

Oilacris

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Quote from: 3x2 on March 25, 2019, 01:33:38 PM

Gambling is a bad way to multiply your bitcoins, sometime outcomes are too good and instant but when you are on losing streaks then you happen to lose more than you had ever won.

And you might end up on suicide when you realize that your Bitcoin bag holdings are completely gone on a short span of time because of gambling.
This is why as a player or you tend to play then you should know the risk behind it rather than on being too optimistic to make easy money because
gambling doesn't work this way too easily.

3x2

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Gambling is a bad way to multiply your bitcoins, sometime outcomes are too good and instant but when you are on losing streaks then you happen to lose more than you had ever won.

CODE200

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Quote from: alexnambawan on March 25, 2019, 10:33:27 AM

Quote from: CODE200 on March 24, 2019, 06:59:56 AM

As a matter of fact playing gambling is way to make money instantly but there is small assurance that you can really make money from it. In addition to that, most of people still take the risk to play gambling because of instant but I think there are good and bad playing gambling to gain instant money. However, if I need instant money sometime I play in my favorite gambling site which I take the risk to play in order to earn instant money. but it's depend to the people if he/she will play.

Maybe if I need to have instant money I rather to keep it than to play it in gambling but it will still depend to the people on how he/she can gain instant money.

It will totally depend to the people on how he/she can gain money but if want to make instant money playing gambling is one of good option.

bitcoin31

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Quote from: omonuyak on March 25, 2019, 02:48:32 AM

Gambling is really the way to lose and the way to also make profits. You cannot make it in gambling if you are not a risk taker and someone with a mentured mind to really remain in the game. Investors in gambling industry has really lose some significant amount of money and we still have some that has made it too.

Player is really risk taker and me too, Im a risk taker because I don't know if I win or lose I still to choose to play gambling.
I stoped gambling more than years ago but I came back again. I hated gambling before because I lose all my money because of this but I learned to control my self when I play gambling now.

alexnambawan

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Quote from: CODE200 on March 24, 2019, 06:59:56 AM

As a matter of fact playing gambling is way to make money instantly but there is small assurance that you can really make money from it. In addition to that, most of people still take the risk to play gambling because of instant but I think there are good and bad playing gambling to gain instant money. However, if I need instant money sometime I play in my favorite gambling site which I take the risk to play in order to earn instant money. but it's depend to the people if he/she will play.

Maybe if I need to have instant money I rather to keep it than to play it in gambling but it will still depend to the people on how he/she can gain instant money.

Topic: Gambling.. way to loss - page 13. (Read 2283 times)