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Topic: How to make sure you don't lose money - page 8. (Read 4715 times)

sr. member
Activity: 2604
Merit: 338
Vave.com - Crypto Casino
July 13, 2017, 09:46:12 AM
uhm as far as i know some owner of the gambling site make their gambling games programatically to not to lose the house so even if you lose a lot of money or capital you still can make a money. just like a rotational if some one lose some one win but still you will get a percentage. you dont need to program the game to lose the player always if that's the case there wont be any player .
If someone would notice the rigged set-up then for sure it would be the end of your business as a gambling site owner because there are players who are really keen on noticing rigged stuffs that is why as a gambling site owner i wont really plan to make those steps its better to be fair since we do know that house do still win on the end. There might be some big winners but it will somehow patch up overtime.
legendary
Activity: 1092
Merit: 1000
July 13, 2017, 09:28:18 AM
The first important thing is gamble with the money you can afford to lose. Then set a realistic goal not something like 20 times your bankroll maybe 50% of your bankroll. After that try achieving that goal and when you achieve it either withdraw everything or only continue with your profits. If you still end up losing everything quit gambling for good

Good advice, if someone lose money on gambling all the time it's better to quit then to lose more, in that way someone can fall down in deep problems with gambling, and constant wish to cut loses with one more big bet.
In gambling no one can be sure in results in the end, only way to not lose money is to gamble with some promotion chips, or free roll poker tournaments, where you don't risk nothing but there is a little chance for win some little amounts. Gambling with faucets on some sites is also possible, but I tried that and its completely waist of time, its good only if you wish to have a little fun without giving your own money.

Yes in gambling no one can be sure in results it depends on our luck. if you feel you are losing more money in gambling, then you stop playing gambling this is the best solution. You want to play without risk game then you must be playing with free money or with faucets. Free money means any promotions money when you use these funds you will face some issue while withdrawing your money. And faucets is a waste of time only for time pass you can use this faucet.
sr. member
Activity: 350
Merit: 250
The Blockchain Evolution of Prediction Markets
July 13, 2017, 08:51:38 AM
First of all, if you want to make your own gambling site then i always say to you Welcome.
Second, Gambling is a risk for gambler but i really don't know is it risky for Owners of gambling site?
But i read in your gambling site it has no bank roll. It mean we can play without showing the bank roll.
I think people like your site and i also like it to play games without bankroll. 
For the owner of gambling site there is a big risk .If the one who you hire to manage and operate your site will steal your money or lets say the hackers who want to steal .
His site will be favorable for the gamblers and it is good if his site have a better games .
hero member
Activity: 2506
Merit: 644
Eloncoin.org - Mars, here we come!
July 13, 2017, 08:22:33 AM
First of all, if you want to make your own gambling site then i always say to you Welcome.
Second, Gambling is a risk for gambler but i really don't know is it risky for Owners of gambling site?
But i read in your gambling site it has no bank roll. It mean we can play without showing the bank roll.
I think people like your site and i also like it to play games without bankroll. 
hero member
Activity: 812
Merit: 510
July 10, 2017, 07:52:44 PM
The first important thing is gamble with the money you can afford to lose. Then set a realistic goal not something like 20 times your bankroll maybe 50% of your bankroll. After that try achieving that goal and when you achieve it either withdraw everything or only continue with your profits. If you still end up losing everything quit gambling for good

Good advice, if someone lose money on gambling all the time it's better to quit then to lose more, in that way someone can fall down in deep problems with gambling, and constant wish to cut loses with one more big bet.
In gambling no one can be sure in results in the end, only way to not lose money is to gamble with some promotion chips, or free roll poker tournaments, where you don't risk nothing but there is a little chance for win some little amounts. Gambling with faucets on some sites is also possible, but I tried that and its completely waist of time, its good only if you wish to have a little fun without giving your own money.
Even i really like the part to gamble with no money i wish that was actually possible. I used to play pvp on my phone on blackjack and literally won 85% of the times but never really worked with gambling which is the main reason why everyone should quit gambling for their good
sr. member
Activity: 686
Merit: 253
July 10, 2017, 04:50:53 PM
uhm as far as i know some owner of the gambling site make their gambling games programatically to not to lose the house so even if you lose a lot of money or capital you still can make a money. just like a rotational if some one lose some one win but still you will get a percentage. you dont need to program the game to lose the player always if that's the case there wont be any player .
For the reason of not taking any risk, many owners just opt for easily available gambling scripts instead of developing any custom script for unique games. I do see gambling houses are making consistent income regardless of who wins and who loses. But now a days almost all gambling sites are coming with hvp model which ensures house will make profits if gambler loses. So, a house must need a versatile script to prevent exploiting house's all bankroll.

With all this you cannot guarantee that you'll not loose money whether you are the gambler or the house. You're definitely going to loose someday and the earlier you brace up yourself for that the better.
legendary
Activity: 1442
Merit: 1025
July 10, 2017, 03:37:02 PM
uhm as far as i know some owner of the gambling site make their gambling games programatically to not to lose the house so even if you lose a lot of money or capital you still can make a money. just like a rotational if some one lose some one win but still you will get a percentage. you dont need to program the game to lose the player always if that's the case there wont be any player .
For the reason of not taking any risk, many owners just opt for easily available gambling scripts instead of developing any custom script for unique games. I do see gambling houses are making consistent income regardless of who wins and who loses. But now a days almost all gambling sites are coming with hvp model which ensures house will make profits if gambler loses. So, a house must need a versatile script to prevent exploiting house's all bankroll.
hero member
Activity: 910
Merit: 550
July 10, 2017, 03:09:21 PM
uhm as far as i know some owner of the gambling site make their gambling games programatically to not to lose the house so even if you lose a lot of money or capital you still can make a money. just like a rotational if some one lose some one win but still you will get a percentage. you dont need to program the game to lose the player always if that's the case there wont be any player .
sr. member
Activity: 756
Merit: 253
July 10, 2017, 12:36:27 PM
It can't be called gambling if you don't want to lose money.
If you don't want to lose then find a job but since you are working you are still exerting as much effort as you are gambling.
There is a balance in everything.
That's right. Anything in crypto currency has a risk thus you have to decide if you'll take it or ignore it anyway. The better thing to do if you don't want to lose is to find a job. Gambling and crypto currency is only for risk taker and opportunity seeker.

Ever heard the word "professional gambler "? Well there are people that are making decent living off gambling so if you're not fortunate to be one of them it doesn't mean it's not working and so you should ignore it. Even life is risk taking and everything we do involves some amount of risk so we should have this consciousness and we'd be able to have a good gambling life because there's no way to make sure you can't loose; you'll definitely loose sometimes.
full member
Activity: 314
Merit: 105
July 09, 2017, 05:14:43 AM
#99
It can't be called gambling if you don't want to lose money.
If you don't want to lose then find a job but since you are working you are still exerting as much effort as you are gambling.
There is a balance in everything.
That's right. Anything in crypto currency has a risk thus you have to decide if you'll take it or ignore it anyway. The better thing to do if you don't want to lose is to find a job. Gambling and crypto currency is only for risk taker and opportunity seeker.
hero member
Activity: 2996
Merit: 609
July 09, 2017, 04:32:50 AM
#98
My thought is why not just have a minimal house edge of 0.1% or something? No one would care about that. It wouldn't work for every game and I wouldn't recommend it, but it's something better to consider.
Even with zero house edge also gambling houses will get chances to make money by showing advertisements / charging some fixed fee for withdrawals and also by selling different memberships with the different benefits.

This way your idea of having minimal house edge must be a more secure way to run a gambling business. Minimal house edge and more number of gamblers will find this business more profitable. Obviously minimal house edge will attract more gamblers to gamble with.
This kind of profit earning is possible but lesser compared to those who have house edge. Honestly speaking having 0% house edge doesnt really sound interesting to me because people would rather choose up on those gambling sites with do have minimal % edge than on 0 because we mostly think off that site cant sustain to payout on just having advertisement/fee earnings only. If there would be a jackpot hit on a certain gambler then you will surely cried out how to pay those.
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
July 09, 2017, 04:29:23 AM
#97
My thought is why not just have a minimal house edge of 0.1% or something? No one would care about that. It wouldn't work for every game and I wouldn't recommend it, but it's something better to consider.
Even with zero house edge also gambling houses will get chances to make money by showing advertisements / charging some fixed fee for withdrawals and also by selling different memberships with the different benefits.

This way your idea of having minimal house edge must be a more secure way to run a gambling business. Minimal house edge and more number of gamblers will find this business more profitable. Obviously minimal house edge will attract more gamblers to gamble with.
If ever they will make it zero house edge I might consider to play on them but that thing is impossible for now since no gambling sites offers it. If ever they will so so they need some businesses that will cooperate to them to run the business. So losing money will always be part in gambling since there are fees needs to pay to.
legendary
Activity: 1512
Merit: 1041
July 09, 2017, 04:16:19 AM
#96
My thought is why not just have a minimal house edge of 0.1% or something? No one would care about that. It wouldn't work for every game and I wouldn't recommend it, but it's something better to consider.
Even with zero house edge also gambling houses will get chances to make money by showing advertisements / charging some fixed fee for withdrawals and also by selling different memberships with the different benefits.

This way your idea of having minimal house edge must be a more secure way to run a gambling business. Minimal house edge and more number of gamblers will find this business more profitable. Obviously minimal house edge will attract more gamblers to gamble with.
hero member
Activity: 2268
Merit: 789
July 09, 2017, 03:59:56 AM
#95
The first important thing is gamble with the money you can afford to lose. Then set a realistic goal not something like 20 times your bankroll maybe 50% of your bankroll. After that try achieving that goal and when you achieve it either withdraw everything or only continue with your profits. If you still end up losing everything quit gambling for good

Good advice, if someone lose money on gambling all the time it's better to quit then to lose more, in that way someone can fall down in deep problems with gambling, and constant wish to cut loses with one more big bet.
In gambling no one can be sure in results in the end, only way to not lose money is to gamble with some promotion chips, or free roll poker tournaments, where you don't risk nothing but there is a little chance for win some little amounts. Gambling with faucets on some sites is also possible, but I tried that and its completely waist of time, its good only if you wish to have a little fun without giving your own money.

Generally all kind of gambling just waste of time when we ignore that thing there is no safe heaven to make only profit with gambling even with faucet amount I saw so many people who wasted a lot of time by collecting faucet amount win huge and end up got busted. From my point of view gambling is not a way to make money for me.

I just don't get it on how people view gambling as a main source of money-making. You are right when you said that people should just gamble the money that they are willing to lose since this will help them in terms of a losing streak. About OP's question, whatever path or choice that you will take, for as long as you rely on making money on gambling, it is inevitable that you will really lose money. If there is such a way of gambling without losing money, then I believe that almost all people now should be millionaires. You cannot get the best of both worlds and you are playing with RISK here. My best advice for you is not to rely your income on gambling, rather get a decent job and start your career there.
sr. member
Activity: 476
Merit: 250
July 09, 2017, 02:17:04 AM
#94
It can't be called gambling if you don't want to lose money.
If you don't want to lose then find a job but since you are working you are still exerting as much effort as you are gambling.
There is a balance in everything.
legendary
Activity: 2758
Merit: 1228
July 09, 2017, 02:01:44 AM
#93
I don't think there is nothing a specific strategy to gamble without loss. With gambling loss is assured, because even the one with the big earning and winning could have experienced loss several times. In my view one should not be greedy and should predict the match in a better way based on the statistics rather than the odd value.

No doubt loss is mustily in gambling. But in this thread, he want to convince the gambling, that he has a different ways of gambling sites where we have a little chances of loss, and also free bankroll we could play in gambling. I think so it is better than other gambling sites where we need bankroll and then start to play gambling.   

If we talk about gambling we cannot guarantee on our losses and winnings  since gambling is not made to make all the players win and the only thing I know to avoid losses on this is to stop gamble or do not engage on gambling activities since if you are not a risktaker person surely you will end up crying for the money you've lose on certain gambling scenario.
hero member
Activity: 588
Merit: 500
July 09, 2017, 01:38:02 AM
#92
I don't think there is nothing a specific strategy to gamble without loss. With gambling loss is assured, because even the one with the big earning and winning could have experienced loss several times. In my view one should not be greedy and should predict the match in a better way based on the statistics rather than the odd value.

No doubt loss is mustily in gambling. But in this thread, he want to convince the gambling, that he has a different ways of gambling sites where we have a little chances of loss, and also free bankroll we could play in gambling. I think so it is better than other gambling sites where we need bankroll and then start to play gambling.   
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
July 09, 2017, 12:57:00 AM
#91
I don't think there is nothing a specific strategy to gamble without loss. With gambling loss is assured, because even the one with the big earning and winning could have experienced loss several times. In my view one should not be greedy and should predict the match in a better way based on the statistics rather than the odd value.
sr. member
Activity: 331
Merit: 250
July 08, 2017, 11:58:18 PM
#90
We are talking here about Gambling and it is impossible not to lose money on this track, this thing is only compose of two situations, either you win or lose, and if you want to lose any money, then just simply not go to the gambling world, because if you get yourself in and get addicted on it, it would be hard for you to get out and quit because you are losing too much.
It's hard to expect not to lose money when you we are talking about gambling because whenwe say gambling money is always at stake here. It's just either you will gain more because of winning or lose much as you bet because of you loosing. To lose money at your risk. If you like to take risks then you have to be ready and prepared to lose money.
full member
Activity: 290
Merit: 100
July 08, 2017, 11:20:41 PM
#89
It is hard to make a gambling site this way, there is a big chance that you are going to be bankrupted because of this idea, if you do really want to make a gambling site then you don't have to be fair at all the time, because you need to make a huge bankroll everyday, for what? well of course to maintain the needs in your gambling site, for example is having maintenances every week to avoid bugs and so on, and obviously you are going to pay a professional to do it.

And it is going to be a big money that you are going to need on this one, so make sure that you are ready to make one, because having your own gambling site is not a joke. Spending most of your time managing it to avoid this bankruptcy is a little bit hard for a single person, unless you have someone in your side which you could trust on handling this other than yourself.

If I were you, I'd rather use the money in Trading where I could be sure that I will really going to get some profits in return in the long run, gambling is so risky, but it depends if you really want to do it.
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