Topic: Get one btc right away or 5 btc with a bet? - page 2. (Read 1633 times)

 To some, they will say they will go for the bet, but what you said is the best. If you are wealthy enough, you can go for the bet, but if you have less wealth, you probably need 1 BTC the most because having a small amount is better than losing everything. And again, if we are going with the present heart of a gambler, then I would rather go for the bet. Because anything in this life depends on risk, risking 1 BTC to get 5 BTC will not be a bad deal, but if I lose, I will be in great pain, and regret will normally happen because, as a gambler, you have to be used to all these kinds of losses, so it won't be a bad deal to you because without risk, your chance of getting rich is limited or based on luck, which means without risk, your chance of getting rich is 0.2.


 Believing in yourself is one of the keys to success. If you are actually a gambler or someone who takes risks, you will find it easy to be the lucky person to win the bet, but if you don't believe in yourself, who will then believe in you? Again, everything is possible in this life, so don't think it can be possible. But even in risk, you have to go for the risk you can afford to lose. That should be your first priority.

If you can afford to lose, the gamble might be more appealing, but if the loss would be financially crippling, the guaranteed 1 BTC offers a safe and sure benefit. Always consider both your financial situation and your emotional capacity for risk before deciding on such offers.

Of course, it's reasonable to get 1 BTC right now. Betting is a big risk. Especially when the size of the risk is quite large. You can't win all the time - I wish you could, but it's almost impossible. Therefore, 5 BTC on betting - you have to be a very lucky person

If I'm obsessed with gambling then I will chose to take the risk of 5 BTC but if I'm not worth 1 BTC yet I will take 1 BTC and move on.

But some times one can take a risk and it turns out well for the person and I will like to be that one person that will take the risk and gamble for 5 BTC. But this will depend on my risk management, if I can take big risks I will definitely go for 5btc.

Do you have the 1 btc now? So I can flip the coin ? 

Well, without wanting to be selfish, I think everyone would just want to walk away with the one BTC since one BTC isn’t no small money now, but have you also thought of the options that after walking away with the one BTC and you ask for an opportunity to try your luck and you do so and win the bet of 5 BTC?
But whatever the case might be, walking away with one BTC isn’t a bad idea, as no matter how the case might be, you still have some money to hold unto.

I personally choose the option of flipping a coin and this is because I would prefer having the 5 BTC as a gambler but I think these option is dependent on the kind of bet I’m supposed to make.

Obviously, I will choose 1 bitcoin rather than 5 bitcoin by playing because playing gambling is mean also that you can loose at once and you can also win at once. And I think I am also can't afford 1 bitcoin right now and the rules says to me that don't gamble the beyond my afford to lose. So I will not gonna taking that kind of risk in my life where it is the big chance to having  1 bitcoin its mean around 70k dollar right now, And it is also hard to making 70k in life of a third world country person .

If point number one had no conditions and rules, of course I would choose to take 1 Bitcoin straight away, maybe I would no longer think about risks or things that would harm me, By taking BTC directly, I can gamble and place bets without risk, winning and losing are my rules.

Decision of 5 btc with rules and conditions, it gives me a headache, but there are other options for 5 btc, for example: the maximum bet requirement must be 2 btc, three more btc are free, maybe I will take 5 btc, I let 2 btc lose in gamble, three more big, I definitely don'tbet, that's for sure.

Supposedly in this topic question you have to make rules, terms or conditions for us if you take 5 BTC, I mean this: (with odds of 2 to 1). Is there a limit for placing bets or do all five btc have to be bet 2/1.

Did that person share their opinion about this yet? I also noted one vote on that option.

But I stick to what I said, I would run home with the one BTC provided there was no catch. While a gambler will always try to gamble and get the higher amount, me trying to be diligent and be happy with what I can get will settle for one confirmed bitcoin.

To me flipping to coin to make the decision is bullshit.

I am a firm believer on taking your chances when the odds are in your favor, and the case proposed by the OP is a clear example of this, taking the one BTC you can get with absolute certainty is not a bad move by any means.

But the option to get 5 BTC with 2 to 1 odds is simply too good to pass up, in fact it is so good that you are probably never going to find such an offer on any casino, and even if you did, the casino will argue the odds were wrong and the bet was invalid, however this kind of thinking can be applied to many other areas of your life, and if you were to find an opportunity like this in one of those areas, you need to take your chances.

If it is given free for 1 BTC without risk, you will definitely go home with 1 BTC without having to chase 5 BTC with the risk of betting, but if you get 1 BTC with the same risk, chasing 5 BTC is also full of risk, so in the end we only get 0, nothing more than That's because we will definitely experience defeat and as we know, every gamble we play with greed will ultimately only make us lose everything, especially since the dealer will always win when we start trying to play big bets.

It's a dilemma because there is no choice but to take a risk if you end up getting 1 BTC with a risk too, it's not wrong to chase 5 BTC with a lot of risk too, but I would choose to go with 1 BTC and stop the game because to get 5 BTC you need to do a lot of strategies Even though it is used for betting odds of more than 5x, the risk will definitely be the same, actually it is a difficult choice too, but I am sure people will choose to take the safe method rather than the difficult one and end up not getting anything in their hands. as a gambler you should not be greedy to get more as long as it is already profitable it is better to stop with 1 BTC. 

Whether I have enough wealth or not, the guaranteed income is what I will opt for and I believe this is wisdom in all ramifications. I've lived in a risky environment to know the best thing to do in a situation like this having been faced with multiple of them, the outcomes in the long run are always the same. Just get the money out of risk then take a deep breath and plan what you want to use the money for to earn you more. For me, I do not see that huge difference between the 1 BTC and 5 BTC, other than the 4 BTC which can become 0 BTC with a higher probability if you risk further on it. But if that 1 BTC could be well-utilised, it can get you the best in life and might even end the poverty in your life if you are poor. The amount that some people put together to make their life fortune was not even up to the present value of 1 BTC, so we do not have any excuse here.

Also, think about it, if you are smart with cryptocurrency investment and even invested the 1 BTC in one sure coin/token, at least another 5 BTC can be made through that. But by that mean, you are not taking the aggressive risk as though you are wagering the money again, which would be senseless to me. You may even open a business or do another thing with the money like buying land and other promising properties. Before you know it, you will make the multiple of it. The difference would be that it was a reasonable means that you make the money work for you, and not through further gambling that can take it all away from you and get you depressed. We should learn how to weigh our risks and manage our options and even ourselves in this situation.

I will accept the 5 btc, the thing that I will do is that, with the 5 btc I will gamble with 2btc and reserve 3 btc and it's as same thing as someone who collected 1btc to forget of gambling, as a gambler you have accept the 5 bitcoin and stake 2btc, because when you stake the 5btc their is every possibility that you may loss all the btc you are asked to stake, I'm a gambler I know every possibility of someone wining gambling and someone losing gambling so whatever we do in gambling we should be careful of whatever we do, because gambling is luck and is not what you will merit as if you worth to win gambling

The topic you gave is really dilemma. However, there are some issues I still don't understand, which is whether receiving 1 Bitcoin immediately has any other constraints or risks? And if I receive 5 Bitcoins for gambling, how much of the maximum amount I have to bet to be able to cash out. For example, I just need to place a few small bets, then withdraw almost all of the remaining 5 Bitcoins? If there was no limit to the amount of money I had to bet, I would definitely choose the option of receiving 5 Bitcoins to gamble

Yeah, that's fair enough, but that is the most conservative view.

Of course you can make 5 BTC but that comes with a risk.

Many people seem to be happy to receive that risk, but personally I would just take the 1 BTC with less risk

It is good to have a chance to win 5 btc in bull run but it is not possible in gambling. 1 btc bet will get 5 btc in it but no one can guarantee exact win they are predictable. If I lose then I will lose one btc which I can never recover even if I wanted to. Gambling is all about luck so it is better to hold one btc when the market is going on a bull run rather than looking for luck in gambling to find our best. It is safe option and best available from here.

Yes, it would really be that totally depending on financial status of a certain person because not all would really be that on a state that you are really that good when it comes to financial means.
Just like on what you have said that if you are someone who does have that kind of wealth or money then for sure you would really be choosing that 5 BTC bet because 1BTC for you would really be just that trying out to make it big. You wouldnt really be that minding about into those stuffs about securing that 1 btc but of course majority of us would really be that choosing and securing that 1 BTC
because we do know that getting free money nowadays wont really be that something possible or something that could happen. So it would be always matter of choice which one you would be choosing up because securing 1 BTC is an amount that it is really that too big for most people.

Maybe some people wants to risk their free 1 bitcoin by playing gambling to increase their bitcoin amount. But no one will offered bitcoin for free because bitcoin price now is high. If someone offer to gives 1 bitcoin to people, people doesn't have to used it to playing gambling because that have a risks to lose all of the 1 bitcoin. It's better they takes 1 bitcoin and selling at the price they wants and used the money for their lives. That will be better for them as they doesn't have to risks by playing gambling because gambling will not gives a big chance to make money for them.

Those who willing to increase their bitcoin amount should thinks about the chance they have in gambling and if they see that they doesn't have much chance, they doesn't have to try. They can used gambling for having fun and not for making money.

Yeah, but that's the thing right...

If you already have enough wealth, then sure, you might as well get the gamble and maybe get 5 BTC.

But if you don't have enough wealth, the certainty of getting 1 BTC will probably be the best bet to make.

But one person will flip a coin 

Nobody will want to risk and not even get a free 1 bitcoin which is being offered (somewhere  ). I mean 1 bitcoin is a big amount and i do not see why people will take 1 bitcoin and walk away.
Those who are willing to gamble and hope to make 5 Bitcoins are those people who are either very rich and one bitcoin does not mean much to them. Or the other thing may be that those people aren't aware of the risk involved in gambling and hence they only tempted to take risks for an amount as big as 5 bitcoins.

We can classify those people as greedy who opted for 5 bitcoin here in this scenario. However, if we look at the voting results most of people will prefer guaranteed 1 bitcoin over a risky 5 bitcoin.