How to use crypto to miximize profits through sport betting. - page 2.

BobK71

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Quote from: Saisher on April 02, 2023, 04:57:00 PM

Quote from: Rockson1 on March 28, 2023, 11:27:25 AM

Do you want to maximize your profits while betting on sports but don't know where or how to start? Crypto is rapidly going traction as an investment opportunity, and now you can use digital currency while playing all type of sport betting

It doesn't work like that you cannot use your coins or your portfolio to gamble in the hope of maximizing your profits, its high risk and you will end up losing all your portfolio, in gambling, you only gamble with money that you can afford to lose not your Cryptocurrency investment to double your profit.
I never do such a thing once I hodl or place my coins in my noncustodial wallet they will stay there until the bull run happens and I gain profit, I never see or even considered gambling an opportunity to make money, once you do you're in big trouble.

I usually keep my crypto where I trade and deposit my crypto to the gambling platform when my favorite team participates in the game. And if there is a profit, I put half of my invested money back to the previous place. Because I know that gambling is very difficult to control own self. However, sometimes I ignore the rules and try to gamble if I find a good opportunity but not always. Basically i always try to keep my money aside to reduce risk. This is how I do sports betting with crypto. In this case I can control myself.

carlfebz2

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Quote from: Saisher on April 02, 2023, 04:57:00 PM

Quote from: Rockson1 on March 28, 2023, 11:27:25 AM

Do you want to maximize your profits while betting on sports but don't know where or how to start? Crypto is rapidly going traction as an investment opportunity, and now you can use digital currency while playing all type of sport betting

It doesn't work like that you cannot use your coins or your portfolio to gamble in the hope of maximizing your profits, its high risk and you will end up losing all your portfolio, in gambling, you only gamble with money that you can afford to lose not your Cryptocurrency investment to double your profit.
I never do such a thing once I hodl or place my coins in my noncustodial wallet they will stay there until the bull run happens and I gain profit, I never see or even considered gambling an opportunity to make money, once you do you're in big trouble.

When you do gamble, it isnt really just that not ideal on making yourself pursuing on rushing up on making profits because this would really be creating that kind of desperation or greed which is something that
should really be avoided because if we do speak about gambling then it should really be for entertainment and you shouldnt really make yourself that minding about making money.
Just enjoy on what bet you do have and see the game and enjoy it for yourself. Maximizing isnt something there's a pattern or guaranteed method because decisions could really vary
and would really be depending on someones actions.

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Quote from: GazetaBitcoin on April 02, 2023, 12:28:22 PM

However, after reading the title I realized that OP, in fact, did not say anything. He asks "Do you want to maximize your profits while betting on sports but don't know where or how to start?" -- which is a question to which any sane person would say "Yes", right? Then he says "Crypto is rapidly going traction as an investment opportunity, and now you can use digital currency while playing all type of sport betting" -- so what? Okay, you can use cryptocurrencies for betting. So what? How is that going to maximize the profits? Obviously, not the betting payment method is what is maximizing the profits, but the strategy used for betting.

Well, what do we expect from lazy shitposters? Meaningful / input / analysis / questions? We are of high risk to get disappointed to assume so. Tongue

When reading OP, it's also causing a bit confusion for me: what does he want to tell us? Cheesy

OP's "question? suggestion?" is so generic and short and we can barely make any educated guesses what he wanted to tell us / ask us? We don't even know if he wants to tell us something or if he asks a question.

Yes, crypto can also be used for gambling; as we know Bitcointalk is very famous for it's gambling section, where many famous crypto gambling sites are actively offering good promotions.
But depositing crypto for sports betting doesn't make it more likely to win a sports bet after all...

To me, OP is completely pointless. Huh

Saisher

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Quote from: Rockson1 on March 28, 2023, 11:27:25 AM

Do you want to maximize your profits while betting on sports but don't know where or how to start? Crypto is rapidly going traction as an investment opportunity, and now you can use digital currency while playing all type of sport betting

It doesn't work like that you cannot use your coins or your portfolio to gamble in the hope of maximizing your profits, its high risk and you will end up losing all your portfolio, in gambling, you only gamble with money that you can afford to lose not your Cryptocurrency investment to double your profit.
I never do such a thing once I hodl or place my coins in my noncustodial wallet they will stay there until the bull run happens and I gain profit, I never see or even considered gambling an opportunity to make money, once you do you're in big trouble.

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Quote from: nakamura12 on April 02, 2023, 03:27:38 PM

Quote from: Cantsay on March 30, 2023, 04:56:27 AM

Does it really matter if you're using fiat or crypto to bet?

If you're betting a high risk game even if you're using fiat or crypto you're still going to make the same profit or perhaps lose the same amount, so I don't really see how using crypto maximizes wins. The only people I know will benefit are the casinos owner they're are the one that will profit more not those making the bets.

I don't think it matters if you use fiat or crypto to bet. I think OP wanted to know how to maximize profit using crypto and we thought that its maximizing profit using crypto when we know that it is also possible to maximize profit using fiat.

In gambling if you won huge amount of money via BTC then if you hold it and don't spend it, there is a huge chance to double or triple your money if BTC price pump. While in fiat, it stays as it is. So I think to maximize profit in gambling with cryptocurrency, it is best to quit while we are winning and hold it and wait for the moment for the price of that cryptocurrency to pump and sell it. That is the basic strategy to maximize profit when gambling in crypto casinos.

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If we are really just talking about gambling, then it doesn't matter if you gamble with crypto or with Fiat. But there is still an essential difference between different bookmakers. With some bookmakers you can decide to play in your own currency, for example the USD or the EUR. If you play in BTC, you are therefore dependent on the price of Bitcoin. In that regard, you could play around with crypto and then make sure your unit is the USDT or just the USD. Then you can also be sure that you will not lose money due to changes in the exchange rate.

I don't know about other gamblers, but for me, I always find it more comfortable playing in USDT, or any other stable coin of choice, than playing in Bitcoin or other unstable coins, this is simply because I believe that playing in BTC and losing the BTC is like losing twice the amount that is actually lost.
Its like someone selling his or her land prematurely to use the money to bury a dead relative, if you check this properly, you discover that such person have lost both ways - he or she lost a relative, and as well lost his or her investment.

And in any case where i have Bitcoin and do not wish to convert it to a stable coin, I bet or gamble in the USD value of Bitcoin and not in Bitcoin it self, several casinos have this feature in place, including stake.com.

Wiwo

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Quote from: jostorres on April 02, 2023, 02:48:49 PM

So remember, cryptocurrency investment involves great risk as well, and not every cryptocurrency investment provides guaranteed profit. If you are gambling with it, that's a totally different thing as your profit and loss depends on your wins and losses.

Exactly and the same as gambling that is why cryptocurrency investment is seen as gambling since it has to do with great risk and at the same time having the right mentality is what makes the difference but in general term, no one should take both as a guaranteed source of income even though it has high chances of making you rich.

-Investing in the right asset matters a lot and the only asset right now is bitcoin because with bitcoin one has a long-term guarantee even though there is high volatility along the line.

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Quote from: Cantsay on March 30, 2023, 04:56:27 AM

Does it really matter if you're using fiat or crypto to bet?

If you're betting a high risk game even if you're using fiat or crypto you're still going to make the same profit or perhaps lose the same amount, so I don't really see how using crypto maximizes wins. The only people I know will benefit are the casinos owner they're are the one that will profit more not those making the bets.

I don't think it matters if you use fiat or crypto to bet. I think OP wanted to know how to maximize profit using crypto and we thought that its maximizing profit using crypto when we know that it is also possible to maximize profit using fiat.

Quote from: ?? on ??

If we are really just talking about gambling, then it doesn't matter if you gamble with crypto or with Fiat. But there is still an essential difference between different bookmakers. With some bookmakers you can decide to play in your own currency, for example the USD or the EUR. If you play in BTC, you are therefore dependent on the price of Bitcoin. In that regard, you could play around with crypto and then make sure your unit is the USDT or just the USD. Then you can also be sure that you will not lose money due to changes in the exchange rate.

There are some platforms where you deposited cryptp and what you will see in your account's balance is in USD if that's what they used instead of seeing the amount of BTC you have therefore you can bet the same as you bet using fiat and the only difference is when you withdraw your winnings which will be in BTC when you receive it unlike fiat where you also receive fiat unless the site supports withdrawal in both fiat and cryptocurrency.

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Quote from: romero121 on March 30, 2023, 06:46:38 PM

Quote from: virasisog on March 30, 2023, 06:13:09 PM

No matter what currency we use in gambling, we could lose if we don't know how to gamble responsibly by knowing our limits.
If we don't know how to deal with the risks or if we aren't lucky on it, we can still lose despite using cryptocurrency.
I agree that the best way to maximize our gains in using cryptocurrency is through investing. Buying potential coins and holding them will be a better way of earning though takes time.

Investing in cryptocurrency bring assured return. Here it is all about the usage of cryptocurrency instead of fiat that helps in the growth of our spending. As mentioned whether it is fiat or crypto, if we don't play responsibly then this is going to be a big loss.

Best way is to spend on sports in which one have got good knowledge. Even if the odds were low just place bets only on the confirmed winning matches. Through this technique it is possible to win something regularly, even here outcomes vary from our prediction which is the riskier part of gambling that could eat all the earlier winning.

I think you got the wrong information about cryptocurrency investments, because you cannot get guaranteed returns on every crypto investment, and it depends on the cryptocurrency that you are investing in and also the timing of your buying and selling that makes it either profitable or the opposite of it. If you choose the wrong project or cryptocurrency, you will end up losing your money that you've invested.

So remember, cryptocurrency investment involves great risk as well, and not every cryptocurrency investment provides guaranteed profit. If you are gambling with it, that's a totally different thing as your profit and loss depends on your wins and losses.

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I hate services that make promises such as this because it will become an impossible thing to do if one does not have the right knowledge, sports bet is not predictable things and players will have to rely on luck to win so how can you ascertain that you will win and make profits using your cryptocurrency.

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Quote from: Rockson1 on March 28, 2023, 11:27:25 AM

Do you want to maximize your profits while betting on sports but don't know where or how to start? Crypto is rapidly going traction as an investment opportunity, and now you can use digital currency while playing all type of sport betting

By reading topic's title -- How to use crypto to miximize profits through sport betting -- I assumed that OP was going to write a miraculous formula explaining how to maximize betting profits by using cryptocurrency (needless to say, that is "maximize", not "miximize").

However, after reading the title I realized that OP, in fact, did not say anything. He asks "Do you want to maximize your profits while betting on sports but don't know where or how to start?" -- which is a question to which any sane person would say "Yes", right? Then he says "Crypto is rapidly going traction as an investment opportunity, and now you can use digital currency while playing all type of sport betting" -- so what? Okay, you can use cryptocurrencies for betting. So what? How is that going to maximize the profits? Obviously, not the betting payment method is what is maximizing the profits, but the strategy used for betting.

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Quote from: BobK71 on March 31, 2023, 12:54:08 PM

Quote from: Hirose UK on March 31, 2023, 07:10:09 AM

Quote from: romero121 on March 30, 2023, 06:46:38 PM

Best way is to spend on sports in which one have got good knowledge. Even if the odds were low just place bets only on the confirmed winning matches. Through this technique it is possible to win something regularly, even here outcomes vary from our prediction which is the riskier part of gambling that could eat all the earlier winning.

The right choice, bro, because if we do it, we can benefit from winning regularly or consistently.
Even though usually a team that has a big chance of winning gives low odds and a small profit, if we can get consistent wins in several matches then we will collect a little profit earlier and become more and can be turned back to bet on more sports bets.
It's just that only certain gamblers have thoughts like this.
In fact, most gamblers are only looking for big profit opportunities but don't think about the risks that can be accepted at any time.

But is it possible in gambling? There may be some games where the probability of winning is higher. But if you lose in that bet, you will face bigger loss. Regarding this we have a thread in the gambling section where 1.4 million usd was lost on small betting odds. There the gambler was sure to win but he lost big amount. In gambling you have to conduct with the risk. If you bet on low odds you will win but if you lose you . What will you do? After all i can say that bet what you afford to loss.

When it comes to gambling in the gaming category, I don't understand, but when it comes to sports betting, it's still a big possibility.
All types of gambling have a risk of loss, so gamblers must be able to accept these risks whether they like it or not.
Low odds will win more often, but if a bet on the low odds team loses then this is an unreasonable result and manipulation can occur as large sums of money are put into the low odds team, so the house won't let the money in large sums go to waste.
Anything can happen in gambling and what all gamblers can do is not rush when they want to bet.

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Using crypto to bet will not maximize your profit, it is just a medium of exchange like Fiat currency or Gold, so if you place a bet and luck is not on your side your crypto will be gone or deducted, there is no any form of mercy because you are using Crypto to place your bets. You need your skills sharpened if the game you are playing or about to play required skills, and if it's a soccer game pray for some luck to be on your side because no amount of skills are required here since you are not part of the soccer team.

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Quote from: lixer on March 31, 2023, 01:40:10 PM

Quote from: Kakmakr on March 29, 2023, 01:14:45 PM

Sports betting can be profitable, but you have to know what you doing. There are actually also a lot of work behind the placing of successful bets, because you have to compare sport books and also gather knowledge about the match and the conditions.

A lot of people know nothing about Sport and they do blind bets based on the odds and then lose a lot of those bets, so make sure that you put the time in to do some proper research. Wink

Only someone who doesn't love their money would place sports betting bets without doing proper research and analysis about the matches, teams, and players among other important aspects that need to be evaluated to reach a proper and precise decision. Though luck plays its role too, a person should do their best to maximize their chances of winning every single bet.

Those who know nothing about sports and place blind bets are simply those who just gamble with their money but sports betting is a bit different than normal gambling and it can give more opportunities to earn a profit than normal gambling games.

Not only that, a great deal of the fun we can obtain from sport betting comes from analyzing the different teams and athletes and come to our own conclusions about the results we can see on those matches, someone that just bets their money blindly might as well just gamble their money at casinos games where such an analysis cannot take place, like dice, as they are missing the most important and fun part of sports betting.

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Quote from: DoublerHunter on March 30, 2023, 06:46:18 PM

Quote from: virasisog on March 30, 2023, 06:13:09 PM

Quote from: serjent05 on March 30, 2023, 01:38:15 PM

Quote from: Rockson1 on March 28, 2023, 11:27:25 AM

Do you want to maximize your profits while betting on sports but don't know where or how to start? Crypto is rapidly going traction as an investment opportunity, and now you can use digital currency while playing all types of sport betting

So do you have any suggestions and idea to say on how to maximize profits through sports betting? It is already an obvious fact that crypto can be an investment but how could you say you are investing in cryptocurrency when you are spending crypto to bet on sports? And the way we use cryptocurrency in a gambling platform is not an investment but rather risking it to win and the cycle continues. Bet win/lose - bet win/lose. So where is an investment in that?

No matter what currency we use in gambling, we could lose if we don't know how to gamble responsibly by knowing our limits.
If we don't know how to deal with the risks or if we aren't lucky on it, we can still lose despite using cryptocurrency.
I agree that the best way to maximize our gains in using cryptocurrency is through investing. Buying potential coins and holding them will be a better way of earning though takes time.

^ All you have said was right, because for me even what currency you will use still luck plays a significant role, and it is good to keep this in mind. Whether it Is gambling or investing, responsible use of cryptocurrency involves understanding the risks and knowing our limits every time we gamble. Crypto is the best for maximizing profit or loss because you can use a small fraction to gamble not like fiat.
However, I will separate the fund for gambling and for investing in crypto, they should not threat as one.

In a country where gambling is legal like mine, I think gambling with fiat is way better when it comes to the amount you use to gamble. But however one can still loose alot even when gambling with crypto, I think gambling either with crypto or fiat doesn't matter because you can loose likewise you can also win. When it comes to gambling LUCK is the number 1 factor involved in it.

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Quote from: Hirose UK on March 31, 2023, 07:10:09 AM

Quote from: romero121 on March 30, 2023, 06:46:38 PM

Best way is to spend on sports in which one have got good knowledge. Even if the odds were low just place bets only on the confirmed winning matches. Through this technique it is possible to win something regularly, even here outcomes vary from our prediction which is the riskier part of gambling that could eat all the earlier winning.

The right choice, bro, because if we do it, we can benefit from winning regularly or consistently.
Even though usually a team that has a big chance of winning gives low odds and a small profit, if we can get consistent wins in several matches then we will collect a little profit earlier and become more and can be turned back to bet on more sports bets.
It's just that only certain gamblers have thoughts like this.
In fact, most gamblers are only looking for big profit opportunities but don't think about the risks that can be accepted at any time.

betting with small Odds with smaller risks may be the choice of many gamblers. but that doesn't give a good advantage. in some cases, such as football betting, sometimes a team that has a high chance of winning ends up losing. with Odd's very promising offer to win, gamblers usually bet with bigger money. And that increases the risk too.
some gamblers will leave the game with a bet that doesn't offer good odds. and is more interested in big matches with better Odds offers.

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Quote from: Hirose UK on March 29, 2023, 06:32:56 AM

Quote from: tusandii on March 29, 2023, 04:41:00 AM

Quote from: Getmon on March 29, 2023, 04:17:38 AM

Are we certain that crypto betting maximizes our profits? However, it could be true because investing in crypto has risks involved to some extent it has similarities with betting. Sports betting is, in my opinion, more similar to leverage trading than long term crypto investing. Leverage trading and sports betting are more challenging to win because it includes plenty of skills, abilities and knowledge. However, if done correctly and with luck, it could be rewarding. Anyhow, I use crypto in wagering because this is where I am more comfortable.

There is a clear difference, my friends, between sports betting and investing and you cannot equate them.
But to benefit from gambling, sports betting is the right choice where every gambler can choose and do research on ongoing sports matches to be able to choose which team will win.
In sports betting you can also see the certainty of the final outcome of the match so gamblers have more big opportunities to make a profit.
But this thread is actually confusing and we can't understand what are the key points discussed in this thread.

Maybe what he meant between betting and investing has almost the same thing because the aim is only to make a profit while investing the profit is in the long term while gambling is not and it is almost like trading.

This two action is different. Betting is act of gambling where the person is spending the cryptocurrency in hope to win bigger amount which often times does not happen, while investing is putting money to cryptocurrency. Betting is out flow of cryptocurrency while investing is inflow of cryptocurrency. How could these two things be the same?

Quote from: Hirose UK on March 29, 2023, 06:32:56 AM

What I understand from this post is like that and if you have a different understanding it's up to you because everyone has different thoughts.
I understand what you two mean and differences of opinion are commonplace.

@OP doesn't give any sense or important suggestion on how to maximize profits. It is not a matter of different opinion but about the substancial content of his statement about the title which @OP failed to give.

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Op needs to improve his brainpower since crypto is just another form of money and it cannot be used to maximize sports betting profits. If anyone says otherwise, they need to get their heads checked too.

The biggest advantage of using crypto over FIAT in casinos is the possibility of placing minute bets which helps prolong sessions.

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Quote from: Kakmakr on March 29, 2023, 01:14:45 PM

Sports betting can be profitable, but you have to know what you doing. There are actually also a lot of work behind the placing of successful bets, because you have to compare sport books and also gather knowledge about the match and the conditions.

A lot of people know nothing about Sport and they do blind bets based on the odds and then lose a lot of those bets, so make sure that you put the time in to do some proper research. Wink

Only someone who doesn't love their money would place sports betting bets without doing proper research and analysis about the matches, teams, and players among other important aspects that need to be evaluated to reach a proper and precise decision. Though luck plays its role too, a person should do their best to maximize their chances of winning every single bet.

Those who know nothing about sports and place blind bets are simply those who just gamble with their money but sports betting is a bit different than normal gambling and it can give more opportunities to earn a profit than normal gambling games.

BobK71

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Quote from: Hirose UK on March 31, 2023, 07:10:09 AM

Quote from: romero121 on March 30, 2023, 06:46:38 PM

Best way is to spend on sports in which one have got good knowledge. Even if the odds were low just place bets only on the confirmed winning matches. Through this technique it is possible to win something regularly, even here outcomes vary from our prediction which is the riskier part of gambling that could eat all the earlier winning.

The right choice, bro, because if we do it, we can benefit from winning regularly or consistently.
Even though usually a team that has a big chance of winning gives low odds and a small profit, if we can get consistent wins in several matches then we will collect a little profit earlier and become more and can be turned back to bet on more sports bets.
It's just that only certain gamblers have thoughts like this.
In fact, most gamblers are only looking for big profit opportunities but don't think about the risks that can be accepted at any time.

But is it possible in gambling? There may be some games where the probability of winning is higher. But if you lose in that bet, you will face bigger loss. Regarding this we have a thread in the gambling section where 1.4 million usd was lost on small betting odds. There the gambler was sure to win but he lost big amount. In gambling you have to conduct with the risk. If you bet on low odds you will win but if you lose you . What will you do? After all i can say that bet what you afford to loss.

Topic: How to use crypto to miximize profits through sport betting. - page 2. (Read 649 times)