Hypothetical Question | Bitcointalksearch.org

redsun114

hero member

Activity: 2576

Merit: 585

Leading Crypto Sports Betting & Casino Platform

Quote from: Jawhead999 on October 05, 2023, 08:19:28 AM

It's like imagining Bitcoin turn centralized, would you still trust Bitcoin? when the answer Bitcoin is impossible to become centralized.

I will not use all of my money or taking a loan, there's no one can be trusted except yourself. Human creature is greedy, no one will tell someone including their family if they can make a lot money in short time/easy.

What the OP is talking about is sometimes possible but if we are talking about BTC to become fully centralized?
I highly doubt it. But if let say it's possible, I think I will still trust Bitcoin because the coin never fails me before. Though I will observed its latest performances. If something shady comes in, I might slowly pack my bags.

I think being greedy is different from being selfish. There's actually people who will encourage others to join them even for the good stuffs. It's fine if you will not use all your money. I understand that not all are confident when it comes to these matters. I can in fact do the same thing. I will still be happy and thankful if my earnings are only small.

o48o

legendary

Activity: 2856

Merit: 1132

Leading Crypto Sports Betting & Casino Platform

Quote from: Jawhead999 on October 05, 2023, 08:19:28 AM

It's like imagining Bitcoin turn centralized, would you still trust Bitcoin? when the answer Bitcoin is impossible to become centralized.

I will not use all of my money or taking a loan, there's no one can be trusted except yourself. Human creature is greedy, no one will tell someone including their family if they can make a lot money in short time/easy.

While the OP's hypothetical question is indeed impossible and any guarantee of profit would be an instant lie.

Maybe your example with bitcoin isn't as valid comparison.

2 mining pools (that require kyc to use) had over 50% of the mining power for over year now. And in 2014 one pool had almost over 50% mining power. So it's not impossible that bitcoin could be more centralized in the future then you are implying. I am certain that it won't be a threat of any kind but people always forget that pools are not evenly distributed.

Westinhome

hero member

Activity: 1582

Merit: 514

Many times I had received the message from many spammer like,the was the partner of the gambling site or they working in the gambling site.Then they ask me to create a account and he will credited the winning to my account.So after money received the money should be split to two equal half.So this was the scam from my knowledge,because who do this credit of the win to unknown person.He can use the same to his real friend and enjoy the benefit.So like this scammer may try to scam your money,you should be more cautious.

noormcs5

hero member

Activity: 2632

Merit: 613

Leading Crypto Sports Betting & Casino Platform

Quote from: NAPK1NS_RA3 on August 28, 2023, 03:49:02 AM

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend Wink

There is no sport where a 100% winner is guaranteed. Even if you know which of the teams will win the game, it is not advisable to go all in on that bet. What if, on that day, the results came unexpectedly, the team that was supposed to win and everyone was hoping to win would end up on the losing side?

If that is a bad luck day for you and you had gone all in, and you lose that bet, its scary to even imagine this situation.

I would only ask one question, if the result is 100% granted, why not each and every human being on earth sell all their assets and put all their money on that bet? I wish betting and gambling was so easy Roll Eyes

Blitzboy

hero member

Activity: 1246

Merit: 556

Leading Crypto Sports Betting & Casino Platform

Quote from: Gallar on October 05, 2023, 10:32:49 AM

Quote from: NAPK1NS_RA3 on August 28, 2023, 03:49:02 AM

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend Wink

From my experience, in gambling, the reality is that no one can make predictions that can achieve a 100% success rate. Especially in sports betting, sometimes predictions that can be said to have a fairly convincing success rate, sometimes these predictions can still be off the mark. A common example is in the world of football. Sometimes the favorite team in a match can lose. This means that initially the predictions made were very confident in the favorite team. But in the end the weak team won.
So the result is that even though the predictions made are really mature and have great potential for success. But in reality it's not all that simple.

But if I followed the hypothesis you outlined here, I would definitely spend more money on those sports bets. Because I don't need to think much, because in the context here there is great certainty that the prediction will definitely win and be successful. So what's there to doubt hahaha. Cool

Isn't human thought funny? A pattern is trusted, and then the unexpected happens. Everyone has wagered on the favorite team and lost. Part of the game. It's not guaranteed that a "favorite" club will win. This applies to predictions. No matter how "mature" they are, they can't account for every variable. Sports and life operate that way.

If you're considering betting more due to "certainty", think again. Bets are entertaining and adrenaline-pumping, but be careful. Gambling should never be your main income or entertainment.

How can we remember ourselves that 99% certainty isn't 100% when betting? We're typically surprised by that 1%, right?\

rhomelmabini

hero member

Activity: 2002

Merit: 578

Quote from: NAPK1NS_RA3 on August 28, 2023, 03:49:02 AM

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend Wink

I'll doubt it of course and wouldn't put even a dime on that bet. I think taking out a loan to take a bet that is just pure speculation, that would really be the stupidest idea to take on. Besides, a $10k worth of bet would be too risky for someone who's just been told. In gambling and in life there's someone out there who'll tell you a certainty of things but tbh no one will know the outcome until it happens.

Gozie51

hero member

Activity: 2478

Merit: 621

Leading Crypto Sports Betting & Casino Platform

Quote from: 0t3p0t on October 05, 2023, 09:56:21 AM

Nah, I won't take the risk of course. You said "if someone told you a guaranteed sport bet that has a 100% chance of winning" which does not exist in real life then you have to be skeptical about that. But if that "someone" showed you proof of legitimacy then that is the time you have to find ways to maximize your bet. Unfortunately, there is no such thing as 100% chance of winning in gambling because it is always a matter of luck just to get the jackpot.

As always said, bet as you can bear the risk and like you rightly said, it is luck with gambling and to hit jackpot is not certain all the time. So to have a 100% chance of winning a bet is not guaranteed. We have different prediction sites especially for soccer games but all of them are just there for the business and not that they are giving 100% winning results, they are only surviving from the subscription of gamblers who sheepishly sign up with them. A gambler always rely on his luck to win and that is why they are happy if they win because if you are sure to win then the happiness will not be there since it will be seen as normal. So there are no guarantee bet for winning.

Gallar

sr. member

Activity: 616

Merit: 291

Quote from: NAPK1NS_RA3 on August 28, 2023, 03:49:02 AM

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend Wink

From my experience, in gambling, the reality is that no one can make predictions that can achieve a 100% success rate. Especially in sports betting, sometimes predictions that can be said to have a fairly convincing success rate, sometimes these predictions can still be off the mark. A common example is in the world of football. Sometimes the favorite team in a match can lose. This means that initially the predictions made were very confident in the favorite team. But in the end the weak team won.
So the result is that even though the predictions made are really mature and have great potential for success. But in reality it's not all that simple.

But if I followed the hypothesis you outlined here, I would definitely spend more money on those sports bets. Because I don't need to think much, because in the context here there is great certainty that the prediction will definitely win and be successful. So what's there to doubt hahaha. Cool

Weawant

hero member

Activity: 798

Merit: 509

Leading Crypto Sports Betting & Casino Platform

Firstly there is no such thing as a 100% assurance with gambling not even on stimulated games, especially in sports betting were the games are been played by humans, it's never a 100% of what the performance of the players will possibly be as uncertainties could take place on the field of play and the results turns out otherwise so at that point you may have yourself to blame.

If I happen to be in such a position where I have a Bank roll of $10k I wouldn't place a cent on such games I will rather put few bucks on a game I predicted instead because I will rather be fair on my self if the game I predicted turns out a loss than I would be when it was a game given me by someone else who gave me false assurance and I did followed.

Going to get a loan to place a bet on a game some presented to you with an assurance that it's a sure win, is the worse mistake you can ever make in life as you may even find it difficult forgiving yourself self if it turns out against you because your creditors will definitely come after you regardless of what happened to the money they did give you.

qwertyup23

hero member

Activity: 2212

Merit: 786

Quote from: NAPK1NS_RA3 on August 28, 2023, 03:49:02 AM

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend Wink

First of all, I would definitely doubt it. If someone told me that there is a 100% chance of winning, I would definitely be skeptical about it given that no such thing exists in the realm of gambling.

Personally, I would try to bet perhaps ~$1,000 and consider it as money wasted. People who claim that a 100% guaranteed win is happening are either the greatest predicter or the worst people. In a heartbeat, I would avoid and just tell to myself that I avoided a scam that pretty much guaranteed to lose my money in the process.

For future reference, beware people! These things do not exist unless some shenanigans are involved in the activity.

0t3p0t

sr. member

Activity: 1582

Merit: 352

★Bitvest.io★ Play Plinko or Invest!

Nah, I won't take the risk of course. You said "if someone told you a guaranteed sport bet that has a 100% chance of winning" which does not exist in real life then you have to be skeptical about that. But if that "someone" showed you proof of legitimacy then that is the time you have to find ways to maximize your bet. Unfortunately, there is no such thing as 100% chance of winning in gambling because it is always a matter of luck just to get the jackpot.

Girlinthehood

newbie

Activity: 9

Merit: 0

It is crucial to highlight that in the real world, there is no such thing as a 100% guaranteed sports bet. Even in the seemingly safest circumstances, there is always an element of risk involved. Accidents, surprises, and unforeseen moments are integral to sports.

That said, even in a hypothetical scenario where a bet is purported to be 100% sure, practicing prudent money management and never wagering more than one can afford to lose is vital. Taking out a loan or betting all your savings, even on what seems to be a "sure thing", is never a good idea and contradicts the fundamental principles of responsible gambling.

Gambling, in all its forms, should be entertaining and not a means to make money reliably. If you or someone you know is considering betting a significant amount of money or taking financial risks for gambling, it might be helpful to speak to a professional or seek resources on responsible gambling.

Eternad

hero member

Activity: 1204

Merit: 596

When life gets hard BUY Bitcoin!

Quote from: bitcrystal on October 05, 2023, 07:14:56 AM

This kind of event is just like an imagination because everyone knows that nothing is 100% certain in sport betting or casino. the only thing that can make me go all in on a bet is if the person that told me agrees to refund me if it loses. if this is agreed upon then i can borrow some money to play but these things dosent really happen like that. i have seen some people being scammed with this kind of idea that a game is 100% sure in the name of fixed game and they pay for it but eventually lose.

I doubt someone will refund you the money even if he agrees to refund it once the bet loses. Most of the time people that offering this kind of bet lies just to get money from you. With or without agreement to refund, you should not accept this kind of offer since it’s obvious that this is just a scam since you knew that there’s no guarantee bet.

Interesting facts about this thread is the OP lose big time by following the bet tips of his friend that was supposed match fixed but it turns out that the tipster is fraud. So this proves that there’s really no guarantee bet. Grin

Jawhead999

legendary

Activity: 1638

Merit: 1156

It's like imagining Bitcoin turn centralized, would you still trust Bitcoin? when the answer Bitcoin is impossible to become centralized.

I will not use all of my money or taking a loan, there's no one can be trusted except yourself. Human creature is greedy, no one will tell someone including their family if they can make a lot money in short time/easy.

goldkingcoiner

legendary

Activity: 2030

Merit: 1643

Verified Bitcoin Hodler

Quote from: NAPK1NS_RA3 on August 28, 2023, 03:49:02 AM

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend Wink

No. Never. Why would you trust somebody who gives you a tip which includes 100% chance of winning? That is so sketchy. At some point your common sense starts ringing alarms and if you do not see anything wrong with taking out a loan just because someone told you that you have a 100% chance of winning, then you should stay away from gambling altogether, because that with that level of naivety, you will definitely lose 100% of you money, 100% of all the time.

Instead, you need to start questioning yourself. Why would someone give you a such a tip? What is their goal? Could they be working together with somebody else to take all your money and play you like a fool?

Because that sounds more realistic to me.

ethereumhunter

hero member

Activity: 2856

Merit: 541

Leading Crypto Sports Betting & Casino Platform

Quote from: bitcrystal on October 05, 2023, 07:14:56 AM

This kind of event is just like an imagination because everyone knows that nothing is 100% certain in sport betting or casino. the only thing that can make me go all in on a bet is if the person that told me agrees to refund me if it loses. if this is agreed upon then i can borrow some money to play but these things dosent really happen like that. i have seen some people being scammed with this kind of idea that a game is 100% sure in the name of fixed game and they pay for it but eventually lose.

That's true, so we as gamblers also have to think that even though he says his predictions that he can really achieve a 100% chance of winning, that doesn't guarantee that we can win. Maybe you can, but you can't win continuously because this is gambling where changes make betting uncertain. But if he can agree to return the money if we lose, we can bet big money because he is guaranteed to return the money if the prediction is wrong. So be careful if we see offers like this because nothing is certain in gambling.

bitcrystal

sr. member

Activity: 419

Merit: 252

Crashgambler.io - Crash Gambling Guide

This kind of event is just like an imagination because everyone knows that nothing is 100% certain in sport betting or casino. the only thing that can make me go all in on a bet is if the person that told me agrees to refund me if it loses. if this is agreed upon then i can borrow some money to play but these things dosent really happen like that. i have seen some people being scammed with this kind of idea that a game is 100% sure in the name of fixed game and they pay for it but eventually lose.

Mahanton

hero member

Activity: 2730

Merit: 632

Quote from: darewaller on September 05, 2023, 04:58:52 PM

Quote from: GideonGono on August 30, 2023, 01:35:45 PM

Quote from: NAPK1NS_RA3 on August 28, 2023, 03:49:02 AM

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend Wink

If it is a 100% chance then why wouldn't I go all in on it?
But we all know that there is no such thing as 100% sure win in gambling, even those who have a small chance or what we call underdogs could win.
So if someone would tell me that there is a 100% chance to win in a bet or gambling I would just ignore it.

You shouldn't go all in and you already said the reasons for it. And if let us say we can win, there is still no guarantees that we can withdraw our winnings because I'm sure that the betting place will question us on why we bet so much money. Not only us but there are others who did the same thing, so it will also be hard for them to pay us all if ever they ( gambling place ) will just accept their defeats easily.

If someone tells me the same thing ( about 100 percent sure win bet ), I will also do the same response. I remember there were couple of threads like that before in the forum but I never opened it because I know they are only a scam, if not illegal.

There's no such thing about 100% on real or legit games on which you do bet on (unless if its fixed) then it would be 100% sure that it would win. This is why it would really be that so hard to make out bets despite on knowing on which team or player does have the upperhand or simply which one is the favorite on which this is where it mostly people would really be betting on. If there's such thing about 100% winning rate and then you do get a loan of $10k on which you do believe that it would gonna hit? It would really be totally risky whenever what angle we would really be looking on. We know that it cant really be just that possible that there's a sure bet and it cant be called gambling in the first place if it was 100% sure win rate. Also, its never been that recommendable on making use of a loan money when you do gamble on which it would really be just that
putting you out on great danger on the time those amount would really be totally vanished in thin air if the best was a lose. Therefore, its always recommended that you should really be making use of the amount
on which you can really that afford to lose.

darewaller

hero member

Activity: 2772

Merit: 634

Quote from: GideonGono on August 30, 2023, 01:35:45 PM

Quote from: NAPK1NS_RA3 on August 28, 2023, 03:49:02 AM

If someone told you a guaranteed sports bet that had a 100% chance of winning, how much would you bet on it?

If you had a $10,000 bankroll, would you go all in? We’re talking 100% can’t lose bet.

Would you take out a loan? How would you go about acquiring a large sum of money if you didn’t have the capital.

Let’s say the match is starting 24 hours from now, what would be your plan to maximize your profit?

Asking for a friend Wink

If it is a 100% chance then why wouldn't I go all in on it?
But we all know that there is no such thing as 100% sure win in gambling, even those who have a small chance or what we call underdogs could win.
So if someone would tell me that there is a 100% chance to win in a bet or gambling I would just ignore it.

You shouldn't go all in and you already said the reasons for it. And if let us say we can win, there is still no guarantees that we can withdraw our winnings because I'm sure that the betting place will question us on why we bet so much money. Not only us but there are others who did the same thing, so it will also be hard for them to pay us all if ever they ( gambling place ) will just accept their defeats easily.

If someone tells me the same thing ( about 100 percent sure win bet ), I will also do the same response. I remember there were couple of threads like that before in the forum but I never opened it because I know they are only a scam, if not illegal.

mirakal

legendary

Activity: 3108

Merit: 1290

Leading Crypto Sports Betting & Casino Platform

Quote from: Blitzboy on September 03, 2023, 02:36:23 PM

Quote from: mirakal on September 03, 2023, 12:05:02 PM

Quote from: slapper on September 01, 2023, 07:59:03 PM

`

Bribing any players is a reality for some smaller leagues but that information are mostly classified and just for the inner circle only because they are the ones who will benefit best from it as for them, it's a business day and for some reasons, they might need that loss or win, either way, we just don't know why.

And for simple terms, to us, the gambler, there's a slight chance that we will have this kind of information as it's not that shared on the outside. And if you're a bettor, then you surely aren't from the inner circle because if you are already benefitting from it in the first place then surely you don't have to wager any money towards it. Makes sense right.

This kind of "inner circle" information is usually kept very secret. As a "semi-professional gambler", my advice? Always approach betting as a game of skill, not insider info.

People who know? Most likely, they're not betting. So, we regular gamblers have to play with the cards we're given. We work on our skills, learn about statistics and chances, and come up with plans. Putting your money on secret goals? Risky business! Instead, pay attention to facts and chances. In gambling, being right isnt about what people say; its about what you know. Its not about how many tricks you know, but how you use them.

Exactly my point. These kind of information aren't shared to someone who is not a part of their circle and if you as the bettor, know about it, then it's just a mere rumor and there is a big chance that it might be a trap meant to drive the gamblers from their supposed fighter/team to bet.

Moreover, don't let yourself to be swayed from the information that aren't really relevant to you and just focus on what you think because gambling is always about the guts and ability to think ahead so that our bets will have a much higher chances even if it's not guaranteed.

Topic: Hypothetical Question (Read 578 times)