If you have a budget of $1 per day, how will you spend it? - page 2.

salad daging

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Quote from: bias on November 16, 2024, 11:32:28 AM

Of course, betting has more possibilities to win, so I will go for the parlay. But with such a budget it remains very unlikely to win whatever you choose. The only factor for me that can make the difference here and win $100k is pure luck. So, if you are lucky, whatever choice you make, you will win. Wink

Choosing a parlay is the choice of many people because they like high odds, but it will be difficult to win a large amount anyway by betting $1 that the victory will be limited.

If you bet a $1 parlay with odds of 3.00 then $30 will be won.
It is better to build that $1 defensively whatever the way is then it will be better.
Moreover, wanting to change to $100K is still impossible.

KTChampions

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Quote from: Dr.Bitcoin_Strange on November 16, 2024, 06:07:36 AM

If am not being compelled to only spend the money on Just either one of those games, then I will split the money into two half and bet on both. The reason is because non is so assuring and I don't know where my luck could come from.

So you split the dollar into two 50 cent bets? I'm not sure there are lottery tickets that are that low. Don't you think that this is not the best solution considering that the initial size of your daily deposit is too small? Even winning *1000 will actually be only $500.
By the way, in this sense the lottery is interesting because the multiplier for it can be astronomically large.

bias

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Quote from: Questat on November 14, 2024, 10:33:10 PM

Here’s the question: if you had a budget of $1 a day just for gambling, where would you put it? Would you go for a lottery game with a potential $1 million win, or a high-odds sports betting parlay where you could win $100,000? Which one would you pick?

Of course, betting has more possibilities to win, so I will go for the parlay. But with such a budget it remains very unlikely to win whatever you choose. The only factor for me that can make the difference here and win $100k is pure luck. So, if you are lucky, whatever choice you make, you will win. Wink

mirakal

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Quote from: Questat on November 14, 2024, 10:33:10 PM

Here’s the question: if you had a budget of $1 a day just for gambling, where would you put it? Would you go for a lottery game with a potential $1 million win, or a high-odds sports betting parlay where you could win $100,000? Which one would you pick?

It’s easy to get tempted by the idea of winning a million dollars with just $1, but realistically, the odds are stacked against us. Sports betting might offer slightly better chances than the lottery, but since it’s still gambling, $1 isn’t going to get you far. No matter what we choose, without luck, that dollar can vanish in an instant, so we might as well think of it as throwing our money away.

Anyway, if this is all we're willing to spend each day, then perhaps it's worth it to have a little fun, even if it's only just take for a few minutes.

Dr.Bitcoin_Strange

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If am not being compelled to only spend the money on Just either one of those games, then I will split the money into two half and bet on both. The reason is because non is so assuring and I don't know where my luck could come from.

Botnake

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Quote from: Bitinity on November 16, 2024, 04:38:35 AM

Parlay on sports will be my choice because it give me better chance than lottery which is a pure luck based game unlike sports where knowledge is required to analyze the sports we are going to bet. Honestly, I will not place a parlay bet with too high odds, it is better for me to build up bankroll first than trying to place a single bet with so high odds where the chance to win is quite small. I'll prefer to place a parlay with odds 5-10 (max) until I win it, once I win the bet so I can place several parlay bets with higher odds.

In this case, you’re not really choosing between the two, and I’m sure no one’s seriously building their bankroll off a single $1 bet, right? This thread feels more like a fun “what-if” scenario since winning the lottery, or hitting lottery-like odds in sports betting is nearly impossible with such low chances.

But to stick to the topic, we need to pick a side and commit. If I were to follow your idea, I’d definitely make sure to have a decent bankroll first before starting any grind. But yeah, that’s probably a discussion for a completely different thread (if one exists).

jcojci

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Quote from: LDL on November 15, 2024, 06:37:27 PM

Quote from: Accardo on November 15, 2024, 06:23:45 PM

I'd go for slot, roulettes preferably, or other games where I could wager few cents. Which would enable me enjoy the game, play for few times before the bankroll exhausts. But, the big expectations won't be there, because such amounts will only require unexpected times to convert to a bigger win.

In my case I have to do the same as you because a dollar is not a big amount so a few cents is enough to do Dice, Slots, Bankroll, etc. If I have a dollar amount budgeted for each day, I must divide 10 by 10 cents and dice 10 times. And if I participate at least twice a week, then I can roll the budget for the rest of the days together several times.

Although $1 is not much, that will enough to play gambling. You mention a gambling game that we can choose to spend our time. But I agree with you that we can gambling for twice a week so we will have more budget to have fun. But buying ticket lottery can be another solution because we can buy it every day and hopes that we can be the winner someday.

We just only buy it daily and leave it and wait for the announcement. Who knows, we can win and hit the jackpot Grin

Bitinity

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Quote from: Questat on November 14, 2024, 10:33:10 PM

Here’s the question: if you had a budget of $1 a day just for gambling, where would you put it? Would you go for a lottery game with a potential $1 million win, or a high-odds sports betting parlay where you could win $100,000? Which one would you pick?

Parlay on sports will be my choice because it give me better chance than lottery which is a pure luck based game unlike sports where knowledge is required to analyze the sports we are going to bet. Honestly, I will not place a parlay bet with too high odds, it is better for me to build up bankroll first than trying to place a single bet with so high odds where the chance to win is quite small. I'll prefer to place a parlay with odds 5-10 (max) until I win it, once I win the bet so I can place several parlay bets with higher odds.

satscraper

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Quote from: Questat on November 14, 2024, 10:33:10 PM

Here’s the question: if you had a budget of $1 a day just for gambling, where would you put it? Would you go for a lottery game with a potential $1 million win, or a high-odds sports betting parlay where you could win $100,000? Which one would you pick?

I never had such low budget but think that it doesn't matter where to put that buck as the chances to win are roughly equal in both cases. Lottery probably would leave me in the dark for a longer time than sport betting thus I would prefer "a high-odds sports betting parlay to be done with that quid-pro-quo ^{as $1 is not a sum to be worried about during either short or long period}.

Ziskinberg

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Quote from: ChiBitCTy on November 15, 2024, 07:27:49 PM

I would put it on a shitcoin. That's gambling as gambling gets. ,,,

You’d need a Bitcoin-like “shitcoin” to hit those x100k odds, which I doubt we’ll see nowadays with how competitive the crypto market is. This isn’t about investment strategy, it’s about pure, dumb luck to beat the nearly impossible system of casinos or sportsbooks.

ChiBitCTy

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There's these porn machines in the subway station, for a buck you can get just about damn near anything you want. Oh wait, different topic. I would put it on a shitcoin. That's gambling as gambling gets. Buying /Selling options contracts, something I did a little of when I had access to a Bloomberg terminal..that's straight up as Vegas style gambling gambling as it gets. Worst thing you can do is put it in a sratch off or some shit like that.

But if that's all you have, got to mcdonalds for a meal then seek help

Captain Corporate

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Probably horse racing, 1 dollar is nearly nothing, and in most cases that would not really give you anything good in return. With horse racing, you can throw in 1 dollar to an exacta and you could have a good return, sometimes as high as x10, but usually about x5 to x7 levels, those are the favorites. That would give you a week worth of gambling as well. Also, if I can compound them, wouldn't it make sense to wait for two months, have 60 bucks, and then start gambling? If you can do that, then you would be able to actually gamble properly and the return would be nice as well, at the very least, you could gamble a decent size bet here and there, which would be reasonable return too.

LDL

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Quote from: Accardo on November 15, 2024, 06:23:45 PM

I'd go for slot, roulettes preferably, or other games where I could wager few cents. Which would enable me enjoy the game, play for few times before the bankroll exhausts. But, the big expectations won't be there, because such amounts will only require unexpected times to convert to a bigger win.

In my case I have to do the same as you because a dollar is not a big amount so a few cents is enough to do Dice, Slots, Bankroll, etc. If I have a dollar amount budgeted for each day, I must divide 10 by 10 cents and dice 10 times. And if I participate at least twice a week, then I can roll the budget for the rest of the days together several times.

Felicity_Tide

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Quote from: Questat on November 14, 2024, 10:33:10 PM

Here’s the question: if you had a budget of $1 a day just for gambling, where would you put it? Would you go for a lottery game with a potential $1 million win, or a high-odds sports betting parlay where you could win $100,000? Which one would you pick?

The two options are quite difficult to pick due to how complex and almost impossible they are to choose from. Winning a $100,000 with $1, which is over 100,000odds is even a worse scenario. I think I might want/prefer to go for the lottery game of a potential win of $1million. In as much as winning a lottery is almost an unrealistic scenario as well, it is more certain than the sports betting with a potential win of $100,000. Just to be clear, the both of them are quite unrealistic, but one seems to be more sure/certain than the other. So I will go for the lottery with a potential win of $100M.

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Quote from: Accardo on November 15, 2024, 06:23:45 PM

I'd go for slot, roulettes preferably, or other games where I could wager few cents. Which would enable me enjoy the game, play for few times before the bankroll exhausts. But, the big expectations won't be there, because such amounts will only require unexpected times to convert to a bigger win.

And also, don't expect that you will hit big using this bankroll amount. More than likely, you will just use it for entertainment purposes just like what you said - slots or roulettes or other luck-based games where you can bet few cents and prolong your game before it gets busted.

Ever-young

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Quote from: Zigabel on November 15, 2024, 11:39:22 AM

The chances for the lottery are always very small which we are aware of and same as the sport betting, but if there's any to give you this realistic chances I believe would be the sports betting because with the lottery, most likely we will be lucky dependent than even thinking of your skills enhancing it or giving u an edge, but with the sports betting you could employ your skills at some point and see that as a reason to be hopeful and optimistic enough.

If I'm to consider not being very greedy with the daily $1, I will go for sports betting as long as how much I should turn it into at the end of the day is not given.

Sports betting will also be my best option since I can just be picking a few 2 odds every single day. Some days I will lose, while some days I will win, but it won't be as easily lost compared to how lottery winning chances are basically by luck and not by how carefully you are playing, so I will go for a game where skill can increase my chance of survival.

passwordnow

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Quote from: Questat on November 14, 2024, 10:33:10 PM

Here’s the question: if you had a budget of $1 a day just for gambling, where would you put it? Would you go for a lottery game with a potential $1 million win, or a high-odds sports betting parlay where you could win $100,000? Which one would you pick?

Will bet that in high odds sports but I won't do a parlay. In single most bets that I do, I think that I'll be able to keep up with that amount if it's per day. I'll make some and lose some but in cumulative way, I think that I'll be able to at least grow that but not that much. If there is no goal in amount, that's much better because there's no pressure for me that I need to aim. All I have to do is to look for those games that I think I'm good at and mostly with esports and then place my money there and wait it out. There's even some gossip in esports that there are some games that are really sold out by the pros but they hardly caught because they know how to play it out.

Accardo

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I'd go for slot, roulettes preferably, or other games where I could wager few cents. Which would enable me enjoy the game, play for few times before the bankroll exhausts. But, the big expectations won't be there, because such amounts will only require unexpected times to convert to a bigger win.

STT

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Such a low budget suggests your time is best placed elsewhere actually earning more of a deposit to utilize the site properly. I would simply place the dollar on a 50/50 type bet where it could double out easily. Then your time is best used getting more cash, meanwhile while on the job you can dream of gambling strategies to come up, earn save and accumulate the next bet to place at the same time.

Some people put on multi bets which must all win to pay off, I've heard of some long shots working but that can take years to perfect and alot of skill really in knowing that sport etc.

Orpichukwu

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Quote from: Questat on November 14, 2024, 10:33:10 PM

Here’s the question: if you had a budget of $1 a day just for gambling, where would you put it? Would you go for a lottery game with a potential $1 million win, or a high-odds sports betting parlay where you could win $100,000? Which one would you pick?

I like sport betting, but in this situation I will prefer to go for the lottery, where one chance with luck of winning means I won't have to worry about the rest, which I have lost.

Sometimes I do feel like it's easier to win a lottery compared to how impossible it becomes to win a sport betting parlay where one tries to win an amount higher than 100 X of your wager amount. The higher the multiplier, the lesser the chance of winning.

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