Hypothetical Question | Bitcointalksearch.org

Cookdata

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Quote from: NAPK1NS_RA3 on February 27, 2023, 04:51:52 AM

If you were told the outcome of a soccer match, hours before the match was scheduled, and you were assured that it would 100% win, how much would you be willing to bet on it? Assuming it was a 100% can’t lose situation.

Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.

The rule of gambling should never be undermined regardless of the outcome, always stake what you can afford to lose, that phrase has saved me from the excitement of games I have a strong and bold outcome on. Now, you should note that nothing is 100% sure in gambling, I will consider that match as a scam the moment I see games people predict as a sure game, nothing works in gambling in that manner, people forget that even that 100% assurance is a risk and should be done with caution so they don't backfire later at the end of the day.

My answer to your question: Even if I have billions under my assets, I wouldn't stake that game unless I stake what I want to lose so that I can have peace of mind.

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Quote from: KennyR on February 28, 2023, 07:53:58 AM

All of the sudden remembered the thread Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds!. The bet is something like a confirm winning bet. What happened at the end is very sad. Even with the fixed assured winning bets these kind of moves could happen for our bad luck. Whether it is sports bet, casino games or something else there'll be risk associated with it. Good is to limit ourselves than spending millions.

I fully support your point of view. When I was new to gambling, I drew useful information on betting and gambling from gamblers I knew. One of them, as I thought at the time, was a genius at predicting the results of soccer games. Many of my friends were betting on his recommendations. But once there was a story when he could not correctly predict three games in a row and many of those who followed his recommendations lost a lot of money. Since then I try not to listen to anyone.

fullhdpixel

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Quote from: ChiBitCTy on February 27, 2023, 08:37:28 PM

This is a tough question. You didn’t clarify how we would know the outcome of the game. I’m assuming you mean there’s cheating going on, hence how you know who’s going to win the game. I’m certainly not one for cheating like this, and as others have said, betting a lot of money on something like this might be considered suspicious, which could potentially open a whole other can of worms

He already said that the outcome is 100% sure win. You are right that this was only possible if there is a cheating or a match-fixing involved but it's great if you won't support this type of play. You know that this is wrong and if you and others keeps on patronizing this kind of play, the organizers of this event are only going to be encouraged to keep doing this.

This destroys the thrill and the entertainment factor of the sport/match. This will also affect on how bettors bet because they can lose their money even if they are sure about their picks. For those who are interested about it, I think they already know the trick. They will either bet small or they will pay someone who has a verified account to place a bigger bet for them.

uneng

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Quote from: Cling18 on February 28, 2023, 10:32:09 AM

Quote from: Yatsan on February 28, 2023, 10:09:54 AM

Betting still with a decent amount or something I can afford losing, would be still better. You don't trust people easily. What's your basis that it would be hundred percent true? Greed is the bottom line that drags people down. If you won't bet all of your money and you happened to win, why would you regret things? It will be free money and any amount should be cherished. Earning a small profit is still profit and way better than losing all of your wealth just because of some individual giving you a leak. If you happened to lose all of it, then that would be for sure a bigger kind of regret. Always mind the outcome and measure the risk involved.

The higher the risk, the higher the rewards but we should still not fall into the trap of our greed. We all want huge profits but we must still put limitations when betting. If there would be a person that will advise you of something or would provide you with an accurate prediction, you should still know what you should be risking. It's hard to trust the opinion of others, especially strangers because even professional bettors these days fail.

Well, taking the hypothetical question made by OP into consideration, there aren't any risks involved on this bet. It's a sure win, as he says, so of course everyone would bet all the money they had available in order to make biggest profit as possible. Some people could think the gambler had access to the information the match was fixed, but without proof, it would remain as suspicions only, therefore the gambler would have nothing to fear or to hide, unless it was really a fixed match and he was part of a deeper fraud scheme.

TheGreatPython

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Quote from: NAPK1NS_RA3 on February 27, 2023, 04:51:52 AM

If you were told the outcome of a soccer match, hours before the match was scheduled, and you were assured that it would 100% win, how much would you be willing to bet on it? Assuming it was a 100% can’t lose situation.

Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.

It'd be foolish if I know the exact outcome since the match is fixed or something and still I don't go all in. So I would definitely bet everything that I have spreading it across different platforms that I trust dividing the amount of the bets into parts that won't make it look suspicious in any way.

Also, it would only work if the news was only revealed to you, and there are other users betting on the opponent of the team you are betting on. Otherwise, if all the bets on all platforms go on the same team, that would definitely make it look wrong and the platforms will most likely remove the match from the listings knowing there is something wrong and it will be pretty costly to them.

Woodie

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Quote from: NAPK1NS_RA3 on February 27, 2023, 04:51:52 AM

If you were told the outcome of a soccer match, hours before the match was scheduled, and you were assured that it would 100% win, how much would you be willing to bet on it? Assuming it was a 100% can’t lose situation.

Knowing gambling to be a game of chance I wouldn't take your word for it!

But if you said something in the lines of my stake been insured by some escrow funds here on the forum should I lose I get my refund from escrow and if I win you get your funds back and if you can do this say 3-5 times maybe, just maybe I might be convinced by this service !

Quote from: NAPK1NS_RA3 on February 27, 2023, 04:51:52 AM

Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.

You seem convinced by what you are doing, why not join all sportsbook that we have here and place the same bet, I don't think that will draw so much attention Tongue

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Quote from: Yatsan on February 28, 2023, 10:09:54 AM

Betting still with a decent amount or something I can afford losing, would be still better. You don't trust people easily. What's your basis that it would be hundred percent true? Greed is the bottom line that drags people down. If you won't bet all of your money and you happened to win, why would you regret things? It will be free money and any amount should be cherished. Earning a small profit is still profit and way better than losing all of your wealth just because of some individual giving you a leak. If you happened to lose all of it, then that would be for sure a bigger kind of regret. Always mind the outcome and measure the risk involved.

The higher the risk, the higher the rewards but we should still not fall into the trap of our greed. We all want huge profits but we must still put limitations when betting. If there would be a person that will advise you of something or would provide you with an accurate prediction, you should still know what you should be risking. It's hard to trust the opinion of others, especially strangers because even professional bettors these days fail.

Yatsan

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Betting still with a decent amount or something I can afford losing, would be still better. You don't trust people easily. What's your basis that it would be hundred percent true? Greed is the bottomline which drags people down. If you won't bet all of your money and you happened to win, whhy would you regret things? It will be free money and any amount should be cherished. Earning a small profit is still profit and way better than losing all of your wealth just because of some individual giving you a leak. If you happened to lose all of it, then that would be for sure a bigger kind of regret. Always mind the outcome and measure the risk involved.

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Quote from: NAPK1NS_RA3 on February 27, 2023, 04:51:52 AM

If you were told the outcome of a soccer match, hours before the match was scheduled, and you were assured that it would 100% win, how much would you be willing to bet on it? Assuming it was a 100% can’t lose situation.

Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.

There is no reason to lower out bet than money we have on our hands because you said its 100% so I take it as someone from future told you that so it will eventually happen.

Practically these is no 100% even a strongest team or player can lose too and it happened many times so instead of living in a dream we need to find what we can do in the reality.

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Quote from: bitbollo on February 28, 2023, 08:32:17 AM

best way for a bet like this is ... use cash and play such kinds of bets on local bookmakers.
or use exchange like betfair where it could be easier place such bet due the design of the website.
but pay attention, playing too much is a risk and sometimes bookies could decide to not pay some "suspect" events due the large amount played.
this happened a couple of times in italy (there is a "monopole" that could decide such events for all companies) . In such case winning bets have not payed to gamblers .

It's better to read the TOS of the casino first so you won't be questioned or face the risk of having your account frozen if evee they notice that you are having suspicious bets.
If ever a stranger or an unknown person would tell you such a prediction, you shouldn't risk millions of your funds because you can't actually rely on the opinion of others 100%. It's better to play fair by analyzing the match as well as well as the capabolity of the players. Listening to the opinion of others without doing research might result in losses.

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Quote from: NAPK1NS_RA3 on February 27, 2023, 04:51:52 AM

If you were told the outcome of a soccer match, hours before the match was scheduled, and you were assured that it would 100% win, how much would you be willing to bet on it? Assuming it was a 100% can’t lose situation.

Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.

Told by who? A stranger? An insider? I mean the person who told to you the outcome of the soccer match is already a big factor whether you will risk or not.
If it's a stranger who told to you, why risking your million dollars into it.

Okay since it's only a hypothetical question, I will give a hypothetical answer as well. I guess putting it on different gambling websites is the best option. A million dollars isn't a small amount, but dividing it will lessen the suspicions to you as a gambler. Using different usernames and email might help as well.

Quote from: piebeyb on February 28, 2023, 02:41:33 AM

I once read a thread about someone who bet millions of dollars just because of a small profit with low odds of no more than 1.05 and he was sure he would win and could win the match, but in the end he lost, learn from that experience so you don't easily trust other people when betting , even though the results are told by someone or even the dealer, so the most important thing is to play with your own analysis at your own risk because even if it is 100% accurate I will not bet on anyone's words

That's a different topic.

On this one, it's only a hypothetical question, and who in the hell will risk their million dollars and gamble it just because a stranger is telling the outcome of the match hours before it happen. With the one you are saying, it really did happen because of his confidence that the team he bet will win, but it didn't happen. Well at least we learned something from that. Experiences and realization really is expensive aren't they? Cheesy

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best way for a bet like this is ... use cash and play such kinds of bets on local bookmakers.
or use exchange like betfair where it could be easier place such bet due the design of the website.
but pay attention, playing too much is a risk and sometimes bookies could decide to not pay some "suspect" events due the large amount played.
this happened a couple of times in italy (there is a "monopole" that could decide such events for all companies) . In such case winning bets have not payed to gamblers .

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Quote from: AicecreaME on February 28, 2023, 07:59:41 AM

Quote from: NAPK1NS_RA3 on February 27, 2023, 04:51:52 AM

If you were told the outcome of a soccer match, hours before the match was scheduled, and you were assured that it would 100% win, how much would you be willing to bet on it? Assuming it was a 100% can’t lose situation.

Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.

I agree with this.

There's no way that the casino won't find out there's anomaly or cheating included the moment someone decided to bet millions of dollars at once. Surely they would flag the activity suspicious most especially if the account used was not usually betting large sum of money. They will notice the unusual activity from the pattern of playing and betting history of the account holder which will eventually raise a red flag to make an account frozen so there won't be any transaction/s to push through.

Surely the security team isn't dumb enough to let this pass through. Additionally, the tip could be wrong, so even if you have many dollars at your disposal, if you'll bet impulsively on an "assured and guaranteed" winning, the moment it turned out to be wrong, you'll still regret big time.

What came to my mind also is that the bet on its own isn't a problem for the bookmaker for as long as payouts aren't processed anyway. Let's assume that someone were able to bet million in the first place, the bet would surely be flagged and would have to undergo investigation if it wins. If it loses, the bookie is fine, but if it wins it's worth it for the bookie to have a look at what happened. And if someone bets an abnormal high amount on an outcome and it turns out that the whole thing looks suspicious, they could still just cancel the bet. Perhaps a referee in a game makes the weirdest decisions ever or a player in a soccer game scores two own goals in a suspicious way, I have no idea whether someone would go to court and sue. If it walks like a duck and talks like a duck it is probably a duck and who would like to explain to a judge that you have no idea what they are talking about and you just got lucky.

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Quote from: NAPK1NS_RA3 on February 27, 2023, 04:51:52 AM

If you were told the outcome of a soccer match, hours before the match was scheduled, and you were assured that it would 100% win, how much would you be willing to bet on it? Assuming it was a 100% can’t lose situation.

Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.

Since it is a 100% win then I would max out my bet as much as I could.
Every bookie has their limit's so if you want to max out your Bet you should register it to several bookie to be able to bet the Million dollar that you have.
But hypothetically if it was me I wouldn't really trust that there is a 100% chance of winning on all sorts of games and sports specially if those are official match.

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There is no such thing as 100% even if you're able to talk to all its team players and coaching staff. But okay, assuming someone like an angel or an extraordinary being as we've seen in the movies appears to me, I'll probably bet a few million or something that my betting site can cater to. I am a multi-millionaire anyways, so why bother killing myself on how to quickly bet all my millions in a game that is to start in hours? And who knows that extraordinary being is just testing my greed or whatever. The fact that I am a millionaire means I am successful in handling my money and I will never get swayed by unreliable promises and something very uncommon. And if I win, why should I worry about funds being frozen when I can present my legit sources of income? Unless my fortune came from illegalities, I'll probably diversify my bets to as many different sportsbooks.

You have very weird imaginations mate. I wonder if you have an insider on the groups of underground fixers which exist secretly. But of course, there's still no 100% guarantee.

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Quote from: NAPK1NS_RA3 on February 27, 2023, 04:51:52 AM

If you were told the outcome of a soccer match, hours before the match was scheduled, and you were assured that it would 100% win, how much would you be willing to bet on it? Assuming it was a 100% can’t lose situation.

Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.

I agree with this.

There's no way that the casino won't find out there's anomaly or cheating included the moment someone decided to bet millions of dollars at once. Surely they would flag the activity suspicious most especially if the account used was not usually betting large sum of money. They will notice the unusual activity from the pattern of playing and betting history of the account holder which will eventually raise a red flag to make an account frozen so there won't be any transaction/s to push through.

Surely the security team isn't dumb enough to let this pass through. Additionally, the tip could be wrong, so even if you have many dollars at your disposal, if you'll bet impulsively on an "assured and guaranteed" winning, the moment it turned out to be wrong, you'll still regret big time.

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Quote from: NAPK1NS_RA3 on February 27, 2023, 04:51:52 AM

If you were told the outcome of a soccer match, hours before the match was scheduled, and you were assured that it would 100% win, how much would you be willing to bet on it? Assuming it was a 100% can’t lose situation.

Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.

I think I'll definitely check the legitimacy first on who have told me about that outcome, I probably would bet about 40-50% of my portfolio. Assuming I have millions on my account and can place bets like that then I'd say I will diversify my bets rather than putting it on a single bet, it still a gamble and even if someone said so, that for sure isn't 100%.

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All of the sudden remembered the thread Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds!. The bet is something like a confirm winning bet. What happened at the end is very sad. Even with the fixed assured winning bets these kind of moves could happen for our bad luck. Whether it is sports bet, casino games or something else there'll be risk associated with it. Good is to limit ourselves than spending millions.

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Quote from: piebeyb on February 28, 2023, 02:41:33 AM

I once read a thread about someone who bet millions of dollars just because of a small profit with low odds of no more than 1.05 and he was sure he would win and could win the match, but in the end he lost, learn from that experience so you don't easily trust other people when betting , even though the results are told by someone or even the dealer, so the most important thing is to play with your own analysis at your own risk because even if it is 100% accurate I will not bet on anyone's words

That's a totally different case, the guy who bet millions on a game did it solely on the basis of the team having the highest chances of winning the match, but in the situation given here, it is that you already know which team will win, and it is a 100% guaranteed win, which means it is either fixed or there will be some kind of cheating or something.

I understand that it is always better to do your own research and analysis before betting on sports games, but if you get a chance to get guaranteed returns on your bet, I don't think anyone would let it go, and the real question here is, how much would you bet if that happens?

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Quote from: NAPK1NS_RA3 on February 27, 2023, 04:51:52 AM

If you were told the outcome of a soccer match, hours before the match was scheduled, and you were assured that it would 100% win, how much would you be willing to bet on it? Assuming it was a 100% can’t lose situation.

Assuming you had millions of dollars that you could put on the match, where would you place the bets? Bookies often limit players. How could one successfully place millions of dollars in bets without drawing up suspicions or having their money frozen? Just curious.

Then you have to like scatter it across several bookies, but still, this bookies has system to recognized when there is something awry with bets and where it's coming from and where the bets is going.

So in any case if there is really a big suspicions in their end, they might confiscate your winnings and worst, even the money that you put, that big $1 million, might not return to you.

Topic: Hypothetical Question (Read 545 times)