If you have a budget of $1 per day, how will you spend it? - page 7.

Dewi Aries

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Quote from: hahay on November 17, 2024, 01:59:29 PM

Quote from: Dewi Aries on November 16, 2024, 01:20:28 PM

I think Sports is the best option that is more likely to give you a chance to win (even if for example in a minimal amount), but it also depends on how much knowledge and skills you have to analyze a team, $ 1 is a small amount for me which of course will not be difficult for me to let go of but of course no matter how and how much my bet is it will be an opportunity that should not be wasted.

Basically as we know that gambling is always recommended to be done with a small amount, meaning $ 1 is a very safe amount and I think that amount will help a gambler to make it easier for them to be responsible, simply for me when I win then of course it will be very fun and when I lose it will not be a problem considering the amount of the bet is relatively small.

In betting, especially in sports betting, I think ordinary people can also do it even if they don't make any analysis. Because after all, in sports of course everyone may have a favorite team or player, with that factor then I'm sure they will easily choose a favorite team or player in one of the teams. Although this still does not guarantee an easy victory for them, but at least they can do it in an easy and fast way. Because after all, even though I am used to doing analysis before betting, but sometimes I also often choose betting options based on high or low of the odds, so we can do it easily and fast in betting.

Talking about doing it or executing bets, of course, laypeople can also do it even though they come without any skills and knowledge about how to analyze a team, the point is if someone understands how to place bets in sports then of course they can get involved in every match to bet regardless of whether the decision is based on analysis or not.

I'm not completely saying that they will always lose every time they bet considering that unexpected things are very likely to happen on the field regardless of whether it's their favorite team or not, but what makes it different is that maybe winning won't happen too often compared to when you know how to analyze a team that really has the potential to win, and that's the advantage of sports betting compared to casino-like games.

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Quote from: Fivestar4everMVP on November 17, 2024, 09:32:49 PM

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?

For me, lottery Is a very competitive game and completely based on chance, and due to the always high number of players, chances of one emerging as a they winner is always very much low, like a person can have a mere 0.00001 percent chances of emerging as the winner, and for someone like myself who is pretty always unlucky when it comes to gambling games where I have to totally depend on luck, you discover that it might take tens of years of playing every single day to win, this is if it will ever happen anyway.

So, honestly, I would rather put that money on sports betting parlays, possibly share the $1 into two and put $0.5 on each parlay game, or perhaps, share it into four places with each parley getting a $0.25 cents bet, this way, I not only reduce the cost of losing a parley ticket, but also increase my chances of winning since if one ticket does not win, another could.

Here in our country, the amount of 1$ is equivalent to two lottery tickets if used to bet on the lottery, which can hit millions of dollars if you get the jackpot price in the raffle draw.
Now if you are not fond of the lotto, you can save that, and then every week just use it to bet on online casinos that have a minimum deposit of around 4 dollars at least.

But in crypto casinos, as far as I know, the minimum deposit is around 10 dollars if I am not mistaken; that's all I know.
Of course, you cannot deposit below $10, that's all.

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Quote from: adultcrypto on November 18, 2024, 02:49:04 AM

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?

A budget of $1 per day is actually too low but with such a low budget, I will go for slot game or sports betting. In slots I could bet $0.2 per bet and run 5 spins, if it works for me and I hit the jackpot fine and if it didn't work, I close for the day and push my time to something else. If I don't feel like playing slot, I can go for sports bet and target minimum of 20 odds so that the $1 can give me $20. If this works, I will definitely increase the betting amount the following day and aim for higher wins.

I will not go for lottery is not easy to win. Instead of trying something I know may not work, I will just do that which I know can work for me.

For me, making a few sports bets seems like the most interesting way to spend this $1. Of course, the odds won't be high, but it's better than just going to dice and making a standard bet, because that will be the most boring option. Even if it continues for a very long time, it's better to look for more risk, but have a chance to win a significant amount, than to consistently win $0.4 - $0.5 every day on mathematical expectation. However, there will definitely be those who want to have a penny in their hands than a ghostly chance of winning the jackpot.

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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?

A budget of $1 per day is actually too low but with such a low budget, I will go for slot game or sports betting. In slots I could bet $0.2 per bet and run 5 spins, if it works for me and I hit the jackpot fine and if it didn't work, I close for the day and push my time to something else. If I don't feel like playing slot, I can go for sports bet and target minimum of 20 odds so that the $1 can give me $20. If this works, I will definitely increase the betting amount the following day and aim for higher wins.

I will not go for lottery is not easy to win. Instead of trying something I know may not work, I will just do that which I know can work for me.

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Quote from: Cryptmuster on November 18, 2024, 01:36:24 AM

I would definitely exclude bets with a low chance of winning,...

But if you’re only given two options, both with low chances of winning, does it mean you won’t even try to experiment with your $1? Grin

It’s tough to decide, especially if we can't afford to waste $1 a day. Though technically it’s not entirely a waste as there’s still a chance to win, just an extremely small one.... At the end of the day it really depends on you, It’s not just about risking $1; it’s also about the time you’ll spend, especially if you go for a parlay. Just think about how many multi-bets you’d need to make to hit those x100k odds.

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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 will never choose lottery to gamble I know lottery is totally based on luck. Besides, I know very well that my luck is not so good that I can easily win 1 million dollars. I would definitely choose a sports betting site to gamble but in this case I would not bet to win $100000 I would bet for low odds. If I have a budget of $1 a day to gamble, I will keep that $1 a day and when it goes from $20 to $50 I will bet on sports betting with low odds where my risk is much lower.

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I would definitely exclude bets with a low chance of winning, I include lotteries and slots in this category. Actually, I haven't played these games for a long time because I just don't see the point. Some players just like slots because they are attracted by the beautiful picture and they believe in their luck, but for me it is almost a useless game. Bets are where we can control our choice, and tennis is not the only good choice, especially since it is not the most popular choice for players, you can bet on football but choose the total, or both teams will score or not, where there are only two possible outcomes.

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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?

If my greed works too much or I want to quickly increase my bankroll and get more money from gambling then I will definitely bet on those games where my winning returns will be higher. I would be more attracted to bets like lotteries or jackpot payouts in particular. But when the attitude of other gamblers is the opposite, they will put their money in those bets where there is a high probability of winning and a small return. Those gamblers will try to increase their bankroll after a few wins. In that case, if you have a healthy bankroll with a $1 per day budget, you will be more likely to win more money on subsequent bets. Actually I feel disgusted to bet with so little money because betting with this little money is a waste of time. Gambling must take risks under control. No one will get anything expected from gambling without risk. If luck is good in gambling, there is nothing impossible to win big.

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Quote from: AliMan on November 17, 2024, 06:51:59 PM

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?

In that case of $1 per day, most probably I'd spent it all in glance if there's no chance of winning because for instant that amount was really small compared with other gamblers who has huge chances of winning. Despite of the higher odds, we still has no guarantee or assurance of winning such big amount and for me that's really a miracle for us who played out of nowhere.

Using all the money to gambling is okay as that is small money that we allocate daily so if we lose that money, that is not a big lose. Maybe we have a chance to win but we don't takes seriously when we lose so we will be okay with anything that can happen. If we can win using that small money, that will be good for us because we can save the wins money to other things or we can increase our bet in the next time we gamble. But we must be aware not to deposit more money if we lose all the money because that can increase our losses.

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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?

For me, lottery Is a very competitive game and completely based on chance, and due to the always high number of players, chances of one emerging as a they winner is always very much low, like a person can have a mere 0.00001 percent chances of emerging as the winner, and for someone like myself who is pretty always unlucky when it comes to gambling games where I have to totally depend on luck, you discover that it might take tens of years of playing every single day to win, this is if it will ever happen anyway.

So, honestly, I would rather put that money on sports betting parlays, possibly share the $1 into two and put $0.5 on each parlay game, or perhaps, share it into four places with each parley getting a $0.25 cents bet, this way, I not only reduce the cost of losing a parley ticket, but also increase my chances of winning since if one ticket does not win, another could.

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If I had a budget of $1 a day and for some reason had to spend it on gambling, then, of course, I would not choose the lottery. I would choose sports betting. If we calculate the real chances of winning most of the prizes in most popular lotteries, then most likely the bets on winning will be insignificant. In 99% of cases, and even more likely, you will buy an empty ticket. The ticket you bought won't win anything. As for sports betting, the probability of winning, that is, guessing the correct outcome of a match, for example, in tennis, is about 50% (slightly less due to the bookmaker's commission). Of course, I mean a match with approximately equal odds for both tennis players. Very few people win the lottery. In order to somehow encourage people to participate in the lottery, organizers often position their lottery as partially charitable.

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Quote from: Russlenat on November 17, 2024, 05:14:44 PM

Quote from: Pandorak on November 17, 2024, 04:28:28 PM

I think with a budget like that, there is very little chance of winning the lottery. I prefer parlay betting to that, even though both have a difficult chance of winning. But, i think the chance of winning for parlay betting is still more reasonable than lottery. However, if there is an option to play other games such as roulette, or similar games that can increase budget very quickly, i prefer to pick that. Because, i often double my small budget from games like that, and of course it can produce a lot of budget.

The bigger the reward, the slimmer your chances, that's just how it is. With the lottery, you can bet $1 and dream of winning $1 million, but that kind of return isn’t possible in sports betting. To even reach million-to-1 odds, you’d need to include a ridiculous number of games in a multi-bet, which is practically impossible. Heck, even hitting 100k odds is probably not allowed.

If you want a simpler way to bet, go for the lottery. But if you’re up for the challenge, try a parlay. Both have crazy low chances of winning, so either way, what you really need is some extreme, out-of-this-world luck.

I do agree with you that bigger reward means has very little chances of winning. But i think it's very nonsense hoping to win a bigger reward like that, even if we have budget $100 per day, it's still difficult to get the reward. So what i meant was, it's better if we should multiply the budget first, then we could use the rest for parlay or lottery. Because i think it's easier to multiply the budget 2x or 3x.

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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?

In that case of $1 per day, most probably I'd spent it all in glance if there's no chance of winning because for instant that amount was really small compared with other gamblers who has huge chances of winning. Despite of the higher odds, we still has no guarantee or assurance of winning such big amount and for me that's really a miracle for us who played out of nowhere.

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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?

Honestly speaking, either of these options are close to impossible. I'd rather save it over the weekend so I could have around $10 to place bets on sports betting. $1 won't really get you nowhere these huge winning. I already gave up on lottery a long time lol. I decided to just save up all those pennies that supposed to be intended for lottery tickets.
However, If you every have to choose between these 2, you should definitely go for sports betting, it's more fun and achievable than lotteries.

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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?

If every day is $1, then maybe I will use 1:15
15x for sports betting parlay and 1x for lottery. Actually, I am a bit hesitant about this lottery, because so far, I am not the type of person with good luck when drawing, whatever it is. but it's okay to try it for a diversion and just for fun. if for example one day I can get lucky, that's great, if not, just stop it.

Quote from: livingfree on November 17, 2024, 01:58:00 PM

I will not go into any game without doing any pre-analysis because it's like a make it or break it situation. With these type of situations, I think this makes every person put their best.

This makes more sense, especially with serious analysis and also habits or based on experience, then it will have higher chances if done continuously. Moreover, the budget is also measurable, so we can manage the limited budget as best as possible and try not to be greedy by adding excessive budget when betting.

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Quote from: Docnaster on November 16, 2024, 02:13:50 PM

Just like you said, I'll go with sport betting if I have such amount on daily basis and that's because I find it easier to analyze and predict the outcome of sports games especially football more than any other form of gambling. How I will bet with it is by accumulating few games with most probability ratio of winnings and bet then continue to roll over so I can make get bigger winnings

The most likely chance of best utilization of suçh lays around sports betting than other forms of gambling but on a second taught, if we are to give great credence to lucky here, then the lottery wouldn't be a bad idea because if it turns out a Lucky day for you, you may stop needing the daily $1 ofr maybe can still get even richer , now this is how, since you have got $1 to spare every day it means of the lottery ticket is $1 each you have the opportunity of been able to afford it daily and so can keep trying one day you may just get lucky then you would with sports betting but if the $1 is for a period of time then to make the most of it, falling back at sports betting would be ideal.

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Quote from: Pandorak on November 17, 2024, 04:28:28 PM

I think with a budget like that, there is very little chance of winning the lottery. I prefer parlay betting to that, even though both have a difficult chance of winning. But, i think the chance of winning for parlay betting is still more reasonable than lottery. However, if there is an option to play other games such as roulette, or similar games that can increase budget very quickly, i prefer to pick that. Because, i often double my small budget from games like that, and of course it can produce a lot of budget.

The bigger the reward, the slimmer your chances, that's just how it is. With the lottery, you can bet $1 and dream of winning $1 million, but that kind of return isn’t possible in sports betting. To even reach million-to-1 odds, you’d need to include a ridiculous number of games in a multi-bet, which is practically impossible. Heck, even hitting 100k odds is probably not allowed.

If you want a simpler way to bet, go for the lottery. But if you’re up for the challenge, try a parlay. Both have crazy low chances of winning, so either way, what you really need is some extreme, out-of-this-world luck.

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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 think with a budget like that, there is very little chance of winning the lottery. I prefer parlay betting to that, even though both have a difficult chance of winning. But, i think the chance of winning for parlay betting is still more reasonable than lottery. However, if there is an option to play other games such as roulette, or similar games that can increase budget very quickly, i prefer to pick that. Because, i often double my small budget from games like that, and of course it can produce a lot of budget.

Miles2006

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I will do mine in a different pattern if only we’re allowed to choose another alternative, from the question above I will ignore lottery. Don’t know much about lottery games and the important information we should know it’s not garanteed including sport bet, if only gambling is easy as explained I wish. In as much as I don’t roll with high odds always because the chances are always little I will prefer sports betting definitely I might earn something good or little it all depends.

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Quote from: Nrcewker on November 14, 2024, 11:38:52 PM

It’s very rare to win at any of the one events listed in the OP. I won’t spend the $1 in any of those events. I would rather use the method of compounding to slowly grow the money. I will directly jump to dice or high-low games to test my luck and make the 1$ into 5$ at least. As 1$ is not a big amount, hence I won’t have the big fear to lose a big amount. This is the only feasible strategy that I can think of with $1. Lottery and high-return sports bets’ winning probability comes once in a million.

Lol exactly, because one can't just win those amount listed by the op by just playing those games with $1, rather take your time and build it slow and stead. Playing casino games and avoid going beyond that $1 budget , because some times some folks initial budget is smaller than their final budget (due to going after losses ).

Topic: If you have a budget of $1 per day, how will you spend it? - page 7. (Read 2173 times)