Gambling.. way to loss - page 15. | Bitcointalksearch.org

posi

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Quote from: Janation on March 23, 2019, 09:41:45 PM

Quote from: Dreamchaser21 on March 23, 2019, 07:54:12 PM

Indeed, a higher probability to lose than to win and i don’t get it why people still gamble with a lot of money knowing that they don’t even win or breakeven with their money. Yes it can be a fun game but its too expensive, so better not to gamble everyday and you must control yourself.

How can you say that? Any proofs?

A lot of people here say that gamblers win nothing on gambling sites or casinos but in reality, a lot of people are really winning their bets and that is the reason why they still coming back to gamble and usually leads to addiction. These usually depend on the game you are betting on, if you bet on luck-based games, obviously your probability of winning is low but if you will be betting on games that don't really require that much like skill-based gambling and also sports gambling, your probability of winning is not that low.

That's what some people don't know before they decide to say gambling is the way to lost and last time I checked what works for you may not work for but most gamblers follow the crowd whereas a gamblers which luck base game doesn't suit him will definitely make losses.

cryptovigi

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

...
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.
...

I am convinced that none of these reviews was written by a gambler who bet more than he won. Most of them are not written by players at all, just by marketing and advertising specialists. It is possible that some players also wrote a few of them, but only those who were lucky enough to win and have not yet enought time to lose the entire winnings. Wink

I have learned a long time ago not to belittle these "so-called" opinions / reviews published on websites where comments can not be written by anyone or can be deleted by website owners.

sheenshane

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Quote from: logfiles on March 24, 2019, 11:59:29 AM

Quote from: CryptoInsights on March 23, 2019, 02:21:48 AM

Gambling is link zero sum game i.e., Amount lost by one Gambler = Amount won by the other. this is what I feel. Gambling needs too much of learning Undecided

Not entirely true.
How do gambling companies make money then?
Perhaps Amount lost by one Gambler = Amount won by the other + Gambling companies' cut/profit + Tax

Probably that is true because gambling is gambling and that is the end of the story!
That is actually a marketing strategy, imagine checking a review and seeing people loses their assets because of the platform? Like what? You shouldn't be fooled by it!

Addiction or for fun, I won't really recommend gambling because my family was fooled by it. I was raised by gambling addicts and I see how they have fastly ruined their lives because of their addictions. If you still have the choice to stop it, please do so and you will definitely help yourself by doing it.

logfiles

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Quote from: CryptoInsights on March 23, 2019, 02:21:48 AM

Gambling is link zero sum game i.e., Amount lost by one Gambler = Amount won by the other. this is what I feel. Gambling needs too much of learning Undecided

Not entirely true.
How do gambling companies make money then?
Perhaps Amount lost by one Gambler = Amount won by the other + Gambling companies' cut/profit + Tax

Altero

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Quote from: akram143 on March 24, 2019, 10:08:42 AM

Gambling is not a way of making money lots of people thinking it is the best way to get richer very quickly but it is not like that gambling is made up only for fun factor and entertainment so I believe it is a good way to entertain and also for making little profit so if anyone wants to get huge income I don't suggest gambling for anyone.

Gambling is usually just to give us entertainment and not making this way to make money.
Yes, people have that thinking and get them disappointed when they loss their money. Only owners become millionaire and it is sad that players will suffer losses. This is how gambling works, it is more favorable into the owner of course and they actually survive for many years because of this.

akram143

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Gambling is not a way of making money lots of people thinking it is the best way to get richer very quickly but it is not like that gambling is made up only for fun factor and entertainment so I believe it is a good way to entertain and also for making little profit so if anyone wants to get huge income I don't suggest gambling for anyone.

Indrawan77

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Its true that gambling is the fastest way to double your money, unfortunately its also the fastest way to lose your money and the bad news is with house edge your winning chance become smaller, that is why you are going to see that total bet is always bigger than toral win, although not all the times people lose in gambling but most of the time they did

maydna

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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 not the fast way to double crypto, but gambling will be the fast way to lose the crypto because, in gambling, you will need to have the luck to win. Yes, we don't know how much they deposit, but we only know they win the game. Perhaps, some of them can win the game with the small budget, and it's because of their luck so they can be a winner.

I think if we are playing a game base on the luck like a dice game, slot, or roulette, we don't have to learn for the details but we can play it in anytime we want because that game is pure of luck. But if you play a game based on the skills, then you must have the knowledge to play, and the best is you have luck so you can win the game.

christian07

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Better to look at the worth of everything so even we can really get lose in gambling still there's a lot that this can brings example we can relax our mind if we take risk when we play then of course we are having so much fun that's why we play and we can earn that's why we try so that's crypto gambling another thing no one force you here to risk your money,Moreover play always with bet if that's affordable for you

CODE200

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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.

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I agree with you that gambling is the fastest way to earn in crypto but at the same time, its the fastest too to give away your crypto.
Maybe you are saying this because most of the gamblers end up losing in crypto, but there are a percentage of the gamblers that are winning but maybe they are not saying it to other people.

I don't think that gambling is a way to loss money because there is a chance that you can win. Its just you need higher capital to increase your chances of winning.

JohnBitCo

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Quote from: goaldigger on March 23, 2019, 07:08:57 PM

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 really an 80% loss and a 20% win depending on the persons luckiness. Its also hard to tell if the winnings of that person is just by one game or he is just lucky he always win. Not unlike to those people who really struggled hard to have a lot money.

I do not think that we can say that gambling is 80% loss. I have seen people who just play a single game and win Big amount. For them, its a 100% win. The overall winning percentage is gambling is still very small but people never leave gambling because they find it the easiest way to make some money.

mich

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You can double your money twice as fast with tokens.
But you can also lose your money twice as fast with tokens.
You just sound like someone who is anti gambling but there are 2 sides to this theory.

CryptopreneurBrainboss

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Quote from: Adriano2010 on March 23, 2019, 11:39:16 PM

Is hard to double crypto on gambling, but yes is the faster way to do.

It isn't that hard, is just that people are too lazy and are looking for fast ways to make quick money instead of investing their time on aquiring some skills before investing their money. Gambling isn't that hard to profit from and again your mindset plays a big role in the outcome of our experience. Skills plus luck gives you profit.

TimeTeller

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Quote from: Reid on March 23, 2019, 11:39:49 PM

So where is your thread going?
Is it for information only or do you have any question to ask?

Of course you need some large capital to enhance the chances of winning.
Although there are a lot of times that you might win for the first 10 rounds of the game. It is the program which gives you those chances since you are new. Also, it is one way to make you go back and play more.

But once you took those wins it becomes 50/50 or maybe lesser.

If you want a fun gambling though, you could click my signature and I am sure you will have fun at Yolodice.

The OP should re-phrase his statements to a comprehensible one.
People are curious why you created this thread in the first place.
Maybe you want to convey something important but you got lost in translation.
But to address his title thread, the probability of losing in gambling is really high compared to your winning chances.
So using the famous piece of advice - "don't risk money that you can't afford to lose". A simple yet meaningful one.

Reid

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So where is your thread going?
Is it for information only or do you have any question to ask?

Of course you need some large capital to enhance the chances of winning.
Although there are a lot of times that you might win for the first 10 rounds of the game. It is the program which gives you those chances since you are new. Also, it is one way to make you go back and play more.

But once you took those wins it becomes 50/50 or maybe lesser.

If you want a fun gambling though, you could click my signature and I am sure you will have fun at Yolodice.

Adriano2010

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Is hard to double crypto on gambling, but yes is the faster way to do, i preffer bet on sports because i can choose what i bet, without depending on house gambling, in past i win a lot on sport betting. Now i bet only when i have time, most only in weekend.

Ipwich

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I don't need to see statistic for myself as I know we are losing money in gambling.
However, that should not make gambling bad for us since we all have the choice to do it or not, and honestly gambling is fun, so it doesn't matter if we loss.
The most crucial stage in gambling is by learning how to manage ourselves, we should be discipline to not loss more than we can afford.

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it's a wrong way to think gambling can double tokens. the best way to multiply tokens is with a long-term hodl.

Janation

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Quote from: Dreamchaser21 on March 23, 2019, 07:54:12 PM

Indeed, a higher probability to lose than to win and i don’t get it why people still gamble with a lot of money knowing that they don’t even win or breakeven with their money. Yes it can be a fun game but its too expensive, so better not to gamble everyday and you must control yourself.

How can you say that? Any proofs?

A lot of people here say that gamblers win nothing on gambling sites or casinos but in reality, a lot of people are really winning their bets and that is the reason why they still coming back to gamble and usually leads to addiction. These usually depend on the game you are betting on, if you bet on luck-based games, obviously your probability of winning is low but if you will be betting on games that don't really require that much like skill-based gambling and also sports gambling, your probability of winning is not that low.

Topic: Gambling.. way to loss - page 15. (Read 2283 times)