Hypothetical Question - page 3. | Bitcointalksearch.org

lizarder

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

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

LOL. If you think that any sports bet has a 100% chance of winning then why think how much money we need to bet. Until you die, you will never get a 100% guarantee when involved in gambling. It's called betting, how can there be a full percentage for a win.

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

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

Not for me and maybe it's up to others, loans and gambling are two issues that need to be responsible to get involved in. So far, have you thought about this impact?

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

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

Don't have any plans and only want to bet when I have confidence in winning each bet?

Wapfika

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Quote from: Aikidoka on August 31, 2023, 11:02:48 AM

If the bet had a 100% chance of winning, I'd definitely go all in. However, I'd still have that lingering feeling of a potential loss even if the bet is guaranteed.

Events in the future aren't ever truly guaranteed at 100%, IMO anything could change. OK To be honest, I'd aim to wager as much as possible but not absolutely everything. I prefer to avoid potential trouble in case that something impossible occurs. So I'd likely use the money that I could afford to lose only for that one specific bet.

There’s really no 100% guaranteed win bet but since this is a hypothetical question then you should consider is as guaranteed which in realistically speaking, I will go all-in including loans to increase my bet size since this is one time opportunity of your life.

Why the need to worried if the bet is guaranteed? We are not talking about real life bets here. I think the main point on this thread if will user follow human behavior for doing all in bet or will still doubt in the presence of opportunity like this.

Aikidoka

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If the bet had a 100% chance of winning, I'd definitely go all in. However, I'd still have that lingering feeling of a potential loss even if the bet is guaranteed.

Events in the future aren't ever truly guaranteed at 100%, IMO anything could change. OK To be honest, I'd aim to wager as much as possible but not absolutely everything. I prefer to avoid potential trouble in case that something impossible occurs. So I'd likely use the money that I could afford to lose only for that one specific bet.

Dunamisx

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Quote from: wiss19 on August 31, 2023, 02:05:09 AM

I would first of all see the source that has given me the tip about the game because there can never be a guaranteed bet unless a match has already been fixed someone from the inside knows about it and you have received the tip directly from that person so that you can be sure that it is not a joke or it has 100% guarantee of being right. Once that is done, then I will start thinking about how much I would like to place on that bet since I know I will win.

It's true that we all know this about gambling that whenever we make a bet, there's no guarantee for winning on it and therefore we are taking the risk of either winning or loosing, also if it were to be true, why didn't he take the first advantage in betting it than bringing it forward for his friend, some things are not easily convincing enough due to the circumstances around, we should not be decieved.

Quote from: wiss19 on August 31, 2023, 02:05:09 AM

There is one more thing that one needs to make sure about, if you have been making normal bets on a sportsbook and you suddenly make a very high bet, that will surely be a red flag for the management and they can confiscate your funds and ban or block your account right at that moment.

I think this depends on their their ToS on the gambling platform, they would have disallow the function instead of placing a restriction on any gambler after giving an attempt.

maydna

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Quote from: KTChampions on August 30, 2023, 11:17:52 AM

Quote from: maydna on August 30, 2023, 04:07:45 AM

~snip~

The profitability of a bet depends not only on the probability of guessing the outcome, but also on what the win multiplier is. For example, if we guess with a probability of only 1%, but the multiplier is x500, then we are in a huge plus.

That's obvious, but we will have difficulty getting the multiplier. And of the many people who play, maybe some people can get a big multiplier but can't even reach maxwin. Maxwin only comes to people who are so lucky that they deserve it.

Quote from: KTChampions on August 30, 2023, 11:17:52 AM

Quote from: maydna on August 30, 2023, 04:07:45 AM

~snip~

I think anyone who interacts with people (leads a socially active life) very often encounters such proposals. Fraudsters, advertisers, etc. always promise a lot. It seems to me that any adult should get used to weeding out such proposals immediately.

They don't need to try it even though the promotion is very attractive, especially if it is from a casino we don't know about or even a shady casino. If we still want to try it with all the risks that can occur, we must use the money we can afford so that the risk of losing the money could be better.

Finestream

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Quote from: slapper on August 31, 2023, 02:45:48 AM

Quote from: wiss19 on August 31, 2023, 02:05:09 AM

I would first of all see the source that has given me the tip about the game because there can never be a guaranteed bet unless a match has already been fixed someone from the inside knows about it and you have received the tip directly from that person so that you can be sure that it is not a joke or it has 100% guarantee of being right. Once that is done, then I will start thinking about how much I would like to place on that bet since I know I will win.

There is one more thing that one needs to make sure about, if you have been making normal bets on a sportsbook and you suddenly make a very high bet, that will surely be a red flag for the management and they can confiscate your funds and ban or block your account right at that moment.

"guaranteed bets". There is no such thing as a guaranteed thing, unless you have an inside connection, which I would not recommend for obvious reasons. As you correctly pointed out, confirming the source is crucial. But consider, even if you have inside information, isn't that against the game's spirit?

Now, regarding bet amounts. Making a sudden, large bet is like showing up to a quiet dinner party with a marching band. Everyone is going to notice particularly the sportsbook management. And if you're too apparent, well, let's just say they'll kick you out without hesitation.

However, why would anyone consider taking such a risk? That is the essence of gambling: the unique adrenaline of uncertainty. Although... one could argue that winning is the true objective. Anyway, play it safe, be intelligent, and always, always trust your instincts - or don't, I could be incorrect.

If the odds are too far away from each other, then sports bookies will certainly know what you're up to or at least they will make an assumption judging from the bet you've taken because you're siding with the heavy underdog. You know, a huge bet with the impossible team that looks so clear that came out of nowhere.
Regarding to your question if it's not against the game's spirit? Big time rollers who are only in for the money and not the sport itself will certainly go with it without thinking twice.

slapper

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Quote from: wiss19 on August 31, 2023, 02:05:09 AM

I would first of all see the source that has given me the tip about the game because there can never be a guaranteed bet unless a match has already been fixed someone from the inside knows about it and you have received the tip directly from that person so that you can be sure that it is not a joke or it has 100% guarantee of being right. Once that is done, then I will start thinking about how much I would like to place on that bet since I know I will win.

There is one more thing that one needs to make sure about, if you have been making normal bets on a sportsbook and you suddenly make a very high bet, that will surely be a red flag for the management and they can confiscate your funds and ban or block your account right at that moment.

"guaranteed bets". There is no such thing as a guaranteed thing, unless you have an inside connection, which I would not recommend for obvious reasons. As you correctly pointed out, confirming the source is crucial. But consider, even if you have inside information, isn't that against the game's spirit?

Now, regarding bet amounts. Making a sudden, large bet is like showing up to a quiet dinner party with a marching band. Everyone is going to notice particularly the sportsbook management. And if you're too apparent, well, let's just say they'll kick you out without hesitation.

However, why would anyone consider taking such a risk? That is the essence of gambling: the unique adrenaline of uncertainty. Although... one could argue that winning is the true objective. Anyway, play it safe, be intelligent, and always, always trust your instincts - or don't, I could be incorrect.

wiss19

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I would first of all see the source that has given me the tip about the game because there can never be a guaranteed bet unless a match has already been fixed someone from the inside knows about it and you have received the tip directly from that person so that you can be sure that it is not a joke or it has 100% guarantee of being right. Once that is done, then I will start thinking about how much I would like to place on that bet since I know I will win.

There is one more thing that one needs to make sure about, if you have been making normal bets on a sportsbook and you suddenly make a very high bet, that will surely be a red flag for the management and they can confiscate your funds and ban or block your account right at that moment.

o48o

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

Well, first thing i would ask from you that how do you know it's 100%? Would i need to trust that friend on that or would i have confirmed it somehow? Would it be a rigged game? And even if it would be how could i be sure that i have been given accurate information about it?

If i knew or a fact i have 100% probability to win i obviously bet everything i have and would take high interest loan. But there's no such thing as knowing something 100%. This is a gambling we are talking about and anything can happen in a game or a fight what you are betting on. You don't know many things in your life that happens in 100% certainty, so how would you do that in gambling?

GideonGono

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Quote from: NAPK1NS_RA3 on August 28, 2023, 02:49:02 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.

Yatsan

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Quote from: NAPK1NS_RA3 on August 28, 2023, 02:49:02 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 you're 100% of it then betting all of it would be a good thing to do. A hundred percent means no risk of losing in comparison with just having high chances of winning; these are two different things. Bit if it is jist a subjective claim then betting on it won't have a 100% guarantee so betting just a portion would be best in this instance. Taking a loan is not necessary, it'll just put you in more trouble, also being greedy won't put you to somewhere better. I do agree that it depends on that someonw who would ckaim a no chance of losing bet. Bottomline lies between a subjective claim and an assured statement. Asking for his assurance would be best as well and if he would be able to support that claim of his/her with facts, then going all out would be good but never to push you to put more into that bet.

Jossque

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If it is a source that I really trust, I think I will invest all my spare money. Of course, this may change depending on my situation at the time, but it is not possible to say anything for sure. I don't think the bets will be sure, but if it was a sure thing I would take a big bet. What have I got to lose?
The only thing I will learn from this is not to trust anything even 100%.
If I had 10K dollars, yes I would bet it all, but I wouldn't take a loan because it's not in my personal opinion to do that with borrowed money. It doesn't make sense for me to take these bets with borrowed money.
To maximize my profit, I think I would tell my friends and acquaintances that this bet is a sure thing and that I would like to make some profit on my bet.

KTChampions

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Quote from: maydna on August 30, 2023, 04:07:45 AM

Quote from: KTChampions on August 29, 2023, 12:20:07 PM

From the point of view of mathematics, if we know that the victory is 100% guaranteed, we must bet all our money plus borrow as much money as possible to earn as much as possible. The problem is that reality is different from mathematical reasoning and loss can happen even with a supposedly 100% chance of winning. Therefore, sober-minded people will limit their risk in any case and will not play with borrowed money.

The reality will often be different than what was said before, where a 100% guaranteed win will be difficult to get. It's still profitable if we can still win, say 40%, but it's not worth doing if we lose it all. For this reason, we have to think rationally that getting a 100% guaranteed win is difficult, so we better keep placing as big bets as we can afford. By doing that, even if we lose, that amount won't make us regret it and be sad because it's the amount we can really afford.

The profitability of a bet depends not only on the probability of guessing the outcome, but also on what the win multiplier is. For example, if we guess with a probability of only 1%, but the multiplier is x500, then we are in a huge plus.

Quote from: maydna on August 30, 2023, 04:07:45 AM

But some people are tempted to hear offers of 100% guaranteed winning because they rarely get offers like that, so they will try to bet all in, plus borrow as much money from other people as possible. They really hope they can get a big win this time because they bet with big money. They don't predict what will happen if the bet is lost, and they lose all their money, including the borrowed money. Oh boy, they would be in very big trouble.

I think anyone who interacts with people (leads a socially active life) very often encounters such proposals. Fraudsters, advertisers, etc. always promise a lot. It seems to me that any adult should get used to weeding out such proposals immediately.

maydna

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Quote from: KTChampions on August 29, 2023, 12:20:07 PM

Quote from: maydna on August 29, 2023, 10:14:08 AM

~snips~

From the point of view of mathematics, if we know that the victory is 100% guaranteed, we must bet all our money plus borrow as much money as possible to earn as much as possible. The problem is that reality is different from mathematical reasoning and loss can happen even with a supposedly 100% chance of winning. Therefore, sober-minded people will limit their risk in any case and will not play with borrowed money.

The reality will often be different than what was said before, where a 100% guaranteed win will be difficult to get. It's still profitable if we can still win, say 40%, but it's not worth doing if we lose it all. For this reason, we have to think rationally that getting a 100% guaranteed win is difficult, so we better keep placing as big bets as we can afford. By doing that, even if we lose, that amount won't make us regret it and be sad because it's the amount we can really afford.

But some people are tempted to hear offers of 100% guaranteed winning because they rarely get offers like that, so they will try to bet all in, plus borrow as much money from other people as possible. They really hope they can get a big win this time because they bet with big money. They don't predict what will happen if the bet is lost, and they lose all their money, including the borrowed money. Oh boy, they would be in very big trouble.

Iroh

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I would be skeptical as hell if someone had guaranteed a 100% chance of getting a win on a sports bet. And if I had 10k to play with, I may test the waters with about 1k. Taking out a loan would be out of the question as taking out a loan from the bank to gamble irrespective of how much of a guarantee I get.
I would be curious, no doubt and that’s why I just might be tempted to part with a little to place the bet on the so called guaranteed game.
Unless it’s a fixed game, i don’t see how it could be guaranteed a 100% to be a win.

goinmerry

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Quote from: NAPK1NS_RA3 on August 28, 2023, 02:49:02 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.

Of course and obviously, NO. Who the hell is this "someone"? How come they will know the result?

Aside from that, these guys won't just talk to random people saying "Hey bet on this and you won't lose". And for you, how come you will believe easily in a "guaranteed bet with 100% chance of winning"? There's no such thing as 100% winning even if there's an inside job.

Better just ignore those guys. That's not even a question in the first place.

stomachgrowls

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Quote from: NAPK1NS_RA3 on August 28, 2023, 02:49:02 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, i would really be that skeptical since there's no such thing about 100% sure bet and those kind of fixed matches information that would easily surfaced out from nowhere.Unless if that person who you do able to meet

is part of mafia but how you would be able to know? This is why on the time that you would really be hearing this out then i would definitely be that skeptical with the validity or the legitimacy of such information but we cant really blind ourselves that fixed matches do really exist and it could really happen. This is why if you are that someone who do easily get hooked up with these kind of claims then you would really be doing your best and tons of method on getting that $10k which you might really be ending up on getting some loan but i would say that this is really just that suicide. If you do able to hit up then thats luck and not something came from legitimate source about match fixing.

So this would be entirely be depending on how someone would be taking up seriously with these kind of claims on which not all would really be that easily believe about this thing because
just like i said that such informations arent something that you could easily be able to obtain or attain.

livingfree

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As in 100% guaranteed? How am I going to verify that it's a sure 100% win bet and it's not going to lose? Even I, when someone tells about guarantees and things, I don't want to feel 100% secured with their words.

Maybe if I've got a spare and not $10k, I'll place a bet to test that and if I win then I won't try it again. That's usually how it goes like? They're like going to give you the confidence you've won and then will make you bet more.

I don't mind maximizing the profit, it's all about a test and if I win then thanks but I'll go away after.

KTChampions

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Quote from: maydna on August 29, 2023, 10:14:08 AM

This question really traps gamblers into acting greedy Grin

I won't take the risk even if there is a 100% chance of winning. But I could use $10-$100 to see the truth. But I don't want to go all in because I don't know if there is a 100% chance of winning.

And I won't take out any loans because betting $100-$1000 alone is too big for me. I usually bet less than $5-$10. There may be people who want to take out loans, and those who are used to borrowing will be able to find loans quickly.

From the point of view of mathematics, if we know that the victory is 100% guaranteed, we must bet all our money plus borrow as much money as possible to earn as much as possible. The problem is that reality is different from mathematical reasoning and loss can happen even with a supposedly 100% chance of winning. Therefore, sober-minded people will limit their risk in any case and will not play with borrowed money.

maydna

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This question really traps gamblers into acting greedy Grin

I won't take the risk even if there is a 100% chance of winning. But I could use $10-$100 to see the truth. But I don't want to go all in because I don't know if there is a 100% chance of winning.

And I won't take out any loans because betting $100-$1000 alone is too big for me. I usually bet less than $5-$10. There may be people who want to take out loans, and those who are used to borrowing will be able to find loans quickly.

Topic: Hypothetical Question - page 3. (Read 808 times)