If you want to become Rich you need to Put Higher bets - page 16.

socks435

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Quote from: lite on October 30, 2016, 12:31:15 PM

Quote from: Pattberry on October 28, 2016, 06:29:21 PM

Quote from: The_Dark_Knight on October 28, 2016, 05:12:01 PM

It does not matter if you are rich or poor since that does not change the math of the game itself, the only reason the rich may give the appearance of more success is because they can last longer playing while someone that is poor does not have that option.

if you analyze big whales they are the ones who jumped into bitcoin when the reward for mining was higher and they are the ones reaping high rewards in gambling too,they could afford to lose more than a new comer and they could always try to recover the loss with safe bets.

Not all whales are early bitcoin adopters, some of them are new. i think most of the rich folks do gambling for fun(they already have tons of money) not for profit.

Yeah most of those gambler are rich people who are addicted in gambling ad they are playing to get entertaining they are just ignore how much they can deposit to gamble.. and they can afford to lose unlike other that looking for fast source of earnings that can result of losing more instead of saving it to have a plan someday.. its more risky if you put higher bets. there is other game that you can use small amount to be rich like lottery that can bring you from poor to be rich..

Golftech

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Quote from: Doamader on October 30, 2016, 12:49:36 PM

Taking the bets into higger bets, means as well higger risk, sure the result might be amazing if able to win, but if you do play with small odds you might achieve the same result, taking a lower risk.

There are a few lower bet games that can get more earnings than higher bet games. Like lottery for example. Though it would take all the luck in your life for you to be able to hit this. Aside from that, well that's how gambling goes, the higher the risk the bigger the reward

Doamader

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Taking the bets into higger bets, means as well higger risk, sure the result might be amazing if able to win, but if you do play with small odds you might achieve the same result, taking a lower risk.

lite

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Quote from: Pattberry on October 28, 2016, 06:29:21 PM

Quote from: The_Dark_Knight on October 28, 2016, 05:12:01 PM

It does not matter if you are rich or poor since that does not change the math of the game itself, the only reason the rich may give the appearance of more success is because they can last longer playing while someone that is poor does not have that option.

if you analyze big whales they are the ones who jumped into bitcoin when the reward for mining was higher and they are the ones reaping high rewards in gambling too,they could afford to lose more than a new comer and they could always try to recover the loss with safe bets.

Not all whales are early bitcoin adopters, some of them are new. i think most of the rich folks do gambling for fun(they already have tons of money) not for profit.

The_Dark_Knight

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Quote from: Pattberry on October 28, 2016, 06:29:21 PM

Quote from: The_Dark_Knight on October 28, 2016, 05:12:01 PM

It does not matter if you are rich or poor since that does not change the math of the game itself, the only reason the rich may give the appearance of more success is because they can last longer playing while someone that is poor does not have that option.

if you analyze big whales they are the ones who jumped into bitcoin when the reward for mining was higher and they are the ones reaping high rewards in gambling too,they could afford to lose more than a new comer and they could always try to recover the loss with safe bets.

Well, that is exactly what I’m saying, having more money only means that you have more bullets or ammunition in your gun and so you get more opportunities to make it right but I think for the most part rich people are the ones that can play gambling for the right reason, for fun.

pereira4

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There are people like Dan Bilzerian that became super rich by doing big risk gambles, and also poker playing and taking big risks in the game. Of course I don't know how much of the story is true. I just can't believe someone can keep gambling with big risks without going bankrupt.

MinerHQ

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Quote from: Pattberry on October 28, 2016, 06:29:21 PM

Quote from: The_Dark_Knight on October 28, 2016, 05:12:01 PM

It does not matter if you are rich or poor since that does not change the math of the game itself, the only reason the rich may give the appearance of more success is because they can last longer playing while someone that is poor does not have that option.

if you analyze big whales they are the ones who jumped into bitcoin when the reward for mining was higher and they are the ones reaping high rewards in gambling too,they could afford to lose more than a new comer and they could always try to recover the loss with safe bets.

There is no such thing called safe bets in gambling if that is true then all world richest people would be in gambling to make a profit instead of developing their businesses. It is all our assumption that rich people are winning more but only lucky people can win money in gambling. They may be having slightly higher chances of winning but no guaranty that they will win in gambling.

maku

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Quote from: Pattberry on October 28, 2016, 06:29:21 PM

Quote from: The_Dark_Knight on October 28, 2016, 05:12:01 PM

It does not matter if you are rich or poor since that does not change the math of the game itself, the only reason the rich may give the appearance of more success is because they can last longer playing while someone that is poor does not have that option.

if you analyze big whales they are the ones who jumped into bitcoin when the reward for mining was higher and they are the ones reaping high rewards in gambling too,they could afford to lose more than a new comer and they could always try to recover the loss with safe bets.

Trust me, they don't need to gamble. They do it for fun and recovering loses is totally optional for them. Say: if you have 6500 BTC and you lost 30 on your weekly gambling adventure...
Do you seriously need an urge to recover it? On the contrary, you will bet more on the risky bets. Only poor gamblers show "recover behavior".

Pattberry

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Quote from: The_Dark_Knight on October 28, 2016, 05:12:01 PM

It does not matter if you are rich or poor since that does not change the math of the game itself, the only reason the rich may give the appearance of more success is because they can last longer playing while someone that is poor does not have that option.

if you analyze big whales they are the ones who jumped into bitcoin when the reward for mining was higher and they are the ones reaping high rewards in gambling too,they could afford to lose more than a new comer and they could always try to recover the loss with safe bets.

The_Dark_Knight

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Quote from: boyptc on October 27, 2016, 08:46:12 PM

Quote from: outatime1 on October 27, 2016, 07:13:09 PM

I think with higher bets you are getting higher risk with higher potential reward. In other words, you can make a lot more money, but you can also lose a lot more money.

That is gambling and that is why the rich people are the ones who are able to make good profit out of gambling because they will not going to think about the lose that might happen to them, as long as they had money in their pocket they will keep on risking their money and doing some yolo strategy, some of them are effective and some of them aren't.

It does not matter if you are rich or poor since that does not change the math of the game itself, the only reason the rich may give the appearance of more success is because they can last longer playing while someone that is poor does not have that option.

Weatherby

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i would rather do high amount of money with very low odds and that is the best way to gamble in my way,live sport is the best option too for these sort of betting,dont gamble to become rich,just consider as a part time return,you will earn some lose some in gambling so be prepared for everything

SpiryGolden

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It depends. If you are absolutely sure the outcome will be a winner or have high probability odds, then it makes sense to put higher bets.

Kind of like if you are betting with 99% win rate. You can set a higher bet because your chances of winning are much greater.

Caladonian

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Quote from: senyorito123 on October 28, 2016, 08:29:08 AM

2 situation will surely be the result of that doing and that is to become rich or to become poor since you are betting such huhe profit and anything instantly might be happen if you really do these kind of wild betting, but im sure if you won with huge bet you will throw some party on your neighborhoods since you are rich man if god will let it happen, but its very hard tp achieve and only few lucky people can do that.

the last word you said is much possible only few people can do that or achieve that most of us got busted with this kind of bets,
placing our higher bets keep us losing from time to time as it is a game of luck aside from sport betting or strategy game that needed
skills. the more riskier the bigger profits in return for sure.

chixka000

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Quote from: Capradina on October 24, 2016, 08:36:48 AM

Quote from: chixka000 on October 24, 2016, 08:26:48 AM

If you want to become rich be patient. you don't have to rush things out to easily earn your amount which is in the end happens to be the opposite. Instead of gaining you would end up losing. I saw a lot of gamblers who do small bets yet is winning huge amount

AHHA moment, something that is very true. But if it's used for something in gambling so I don't think it would ever work properly (error). Because gambling is not the place to look for profit in any form of gambling, created only to entertain those who use it not for profit.You may think that I am this very stupid in gambling, yes it is true if you do not want to be poor because your ignorance in regard to gambling is where the profit so from now on you have to change the mindset

Nope, i could still believe that it could be used in gambling. You could try to build your down line and that requires a lot of patience and i am pretty sure also that at least one of those referrals can provide you something that can make you somehow gain a decent one.

olubams

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I will agree that if one wants to become rich with gambling then you need to bet big simply because gambling is based on multiplication in the sense someone who bets one or one thousand satoshis and the person who bets 1 BTC and they all win, definitely will not win the same amount but that is only based on if they win. But not increasing the chances of winning as a result of betting charge because its based on risk which is not a determinant of the amount you put in...

MWesterweele

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Quote from: danherbias07 on October 28, 2016, 09:32:17 AM

Sure he does. But with just a bigger capital where this could be accomplished. Plus considering the risk of betting a higher price is also the lost of a big one. I would prefer other techniques than this.

If you had big capital and then you are going to bet high then make sure you can take that when you lose sometimes we can't afford what we lose and if we lose big then probably we are going to be poor again and yes we need some techniques and uniques strategies when it comes with gambling.

danherbias07

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Sure he does. But with just a bigger capital where this could be accomplished. Plus considering the risk of betting a higher price is also the lost of a big one. I would prefer other techniques than this.

kanazawa

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Gambling is not investment. Maybe 1% of player win, but the logic is just to give prifit to the house. Every programmer of bet games (lottery, dice, slots, video poker, blackjack, etc) knows that a Good program is the one that masks better this "balancing strategy". Imagine if a website or any physical bet machine were corruptible... One website per day would have to shutdown. Resuming... You can win in games where your skill is a determinant variable --like Hold'em poker-- or in sports bet where you eliminate lotta of impact factors to increase your chances. The rest is a losing history always.

senyorito123

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2 situation will surely be the result of that doing and that is to become rich or to become poor since you are betting such huhe profit and anything instantly might be happen if you really do these kind of wild betting, but im sure if you won with huge bet you will throw some party on your neighborhoods since you are rich man if god will let it happen, but its very hard tp achieve and only few lucky people can do that.

Stedsm

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Putting higher bets means taking bigger risks which needs lot of courage in heart and what would happen if you lose?
Going for big bets is not bad, but only when you are sure that the result you are expecting will only be the outcome in the end.
And it is not necessary to put higher bets, you might have heard about Parlays. Tongue

Topic: If you want to become Rich you need to Put Higher bets - page 16. (Read 19744 times)