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Topic: Is betting a good choice for a newbie? - page 22. (Read 12900 times)

sr. member
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I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?

If it were up to me, i'd stay my money out of casinos period. Except for recreational purposes, i wouldn't even think of a long time investment. But if it can't be helped, i think betting is the best place to place your money whether you're a newbie or not. If you compare the risks of betting to other forms of gambling like dice, the chances are way better.
sr. member
Activity: 532
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I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?

If you are still newbie on gambling, it's better to stay away from it. You can easily lose all your bitcoins on gambling and when it happen you will become addicted, because you will chase your loses. At the end you will become a hardcore gambler.
legendary
Activity: 1148
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Its never a good choice for a newbie to get into the gambling but most of the newbies will go for gambling at initial stage to multiply their bitcoins in a quick time and will surely end up loosing everything and I think after that they will stop gambling.

i am agree with you, no matter if that person is newbie or not, as long as he don't know anything in betting, my suggestion is better stay away from betting sites and don't trying to played the gambling. i think betting is only for person that already know about betting and know how to played with good so he can make good decision in the games.
But I believe newbies must try gambling because life if given to use just once and living it with fear is not something I would approve. Still gambling is quite famous that everyone looses in long term but some people suggest to gamble with calculated risk against house edge. There is nothing to be calculated with house edge, just see the multiplier and odds and you can determine it.

Losses at last are unavoidable, but you can enjoy your life. Newbies must accept the risks before going for gambling.

See to gamble we don't have any restriction anyone can play, and online gambling even kids also play because there is no age restriction for online gambling. But one thing we must need to play gambling. That is money, and please don't use your personal money to gamble you may be experienced gambler or newbie no matter. Gambling treats everyone equally.
legendary
Activity: 1442
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Its never a good choice for a newbie to get into the gambling but most of the newbies will go for gambling at initial stage to multiply their bitcoins in a quick time and will surely end up loosing everything and I think after that they will stop gambling.

i am agree with you, no matter if that person is newbie or not, as long as he don't know anything in betting, my suggestion is better stay away from betting sites and don't trying to played the gambling. i think betting is only for person that already know about betting and know how to played with good so he can make good decision in the games.
But I believe newbies must try gambling because life if given to use just once and living it with fear is not something I would approve. Still gambling is quite famous that everyone looses in long term but some people suggest to gamble with calculated risk against house edge. There is nothing to be calculated with house edge, just see the multiplier and odds and you can determine it.

Losses at last is unavoidable, but you can enjoy your life. Newbies must accept the risks before going for gambling.
legendary
Activity: 2674
Merit: 1048
I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?

I would recommend you not to, as sport bets might be very hard for newbie. Of course you can bet on low risk matches but you will get almost no profit at all, to be good in sports bets you have to invest a lot of time into that, i think it would be much better for you if you would keep earning bitcoins like you did and just hold them. If you will want to invest them somewhere, you can start trading, it is good way to earn and it's less risky.
sometimes a newbie even could play better than us who have gamble for years , and there's something called a beginner luck some people really believe on that . i personally did not take it too serious , just gamble if you want but never make it as your primary income.

nobody can survive to keep getting profit in the long period.
But in reality beginner luck is true. This could have been experienced by most of the people who are new to the gambling. In the starting they used to win big, though they don't analyse about the event. Later on the common things starts to take place with failure. In the meantime very few seems to be good knowing the truth and save the winning, others just loose it in a short.
naaaah you consider it exist right? what makes them lucky to gamble for the first time if you really believe on it? just a random thing/ or just because a newbie usually did not think too much about what strategy they have to use and how they have to play to win it?

the point here are newbie or not gambling aren't good , gambling should not be the first choice , if you can do other things why have to gamble?
hero member
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Its never a good choice for a newbie to get into the gambling but most of the newbies will go for gambling at initial stage to multiply their bitcoins in a quick time and will surely end up loosing everything and I think after that they will stop gambling.

i am agree with you, no matter if that person is newbie or not, as long as he don't know anything in betting, my suggestion is better stay away from betting sites and don't trying to played the gambling. i think betting is only for person that already know about betting and know how to played with good so he can make good decision in the games.
hero member
Activity: 1008
Merit: 501
Its never a good choice for a newbie to get into the gambling but most of the newbies will go for gambling at initial stage to multiply their bitcoins in a quick time and will surely end up loosing everything and I think after that they will stop gambling.
sr. member
Activity: 536
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A newbie should learn many things about bitcoin and I must not recommend betting on gambling is a good choice to do, because there is no assurance of higher profit due to it's prone to lossing bitcoin investments. Fiat cash gambling is not like with btc gambling bets, the excitement and comfort of betting plays is very comfortable and since a newbie has no definite directions and experience of a lot of failures; possibility of bigger losses might happen as well. Learning process should go a long process, and much better for a newbie to stay and focus at the forum thread first, learn and learn until you became knowledgeable beyond negative and positive decisions will takea place.
legendary
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I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?

I would recommend you not to, as sport bets might be very hard for newbie. Of course you can bet on low risk matches but you will get almost no profit at all, to be good in sports bets you have to invest a lot of time into that, i think it would be much better for you if you would keep earning bitcoins like you did and just hold them. If you will want to invest them somewhere, you can start trading, it is good way to earn and it's less risky.

We all start from a beginner and wrong if we do not feel a lot of defeat and lose money in the early gamble. Nothing is more risky than never trying it. Humans have different talents and intuitions. Choose gambling poker and sports betting or to your liking. Never think of big profits at the beginning because it will not be useful, focus on mastering system first with using small capital, this is a good thing for beginner.

Well, i wouldn't recommend poker for a newbie, unless he played it before ( he wouldn't be newbie though). Poker is very bad idea for newbie, as it is basically too hard for them to win vs other people that played poker for longer time. You can't learn how to bluff just by reading rules, even sport bets are less risky for newbie.
legendary
Activity: 1316
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I don't really recommend beginner to wager big amount of money for a start in casino site, because there is a high chance to lose all your money fast in a few hours time without knowing the game well. The best option would be to deposit small amount of money to try out the game and adapt a strategy that suits your play style most.
My suggestion is first to learn some basic things is gambling, and if you like slot games then play with faucets, all sites will give free faucets to play gambling. After having some experience, you can invest a small amount and start gambling. But you like sports betting and have skills in sports you do sports betting with real money. This completely depends on your skill set and luck. Gambling is a risky game, but for beginners, it is more risk.
staff
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I don't really recommend beginner to wager big amount of money for a start in casino site, because there is a high chance to lose all your money fast in a few hours time without knowing the game well. The best option would be to deposit small amount of money to try out the game and adapt a strategy that suits your play style most.
legendary
Activity: 1008
Merit: 1060
This is more like "Should I gamble or should I risk my money to other things?" Honestly, stop. You've earned bitcoins now, so then stop as long as you're ahead. Eventually, you're going to lose all of that just like anybody else in the gambling world. Since you're looking for a long term thing, then just hold your bitcoins. Once major countries start accepting bitcoins, then getting huge profits wouldn't be that hard anymore. All you have to do is to wait.

Even for entertainment purposes, don't gamble. One thing will always lead to another. Eventually you're going to lie to yourself that you're just gambling for entertainment even when you're actually already hooked on to it.
hero member
Activity: 2310
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I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?

I would recommend you not to, as sport bets might be very hard for newbie. Of course you can bet on low risk matches but you will get almost no profit at all, to be good in sports bets you have to invest a lot of time into that, i think it would be much better for you if you would keep earning bitcoins like you did and just hold them. If you will want to invest them somewhere, you can start trading, it is good way to earn and it's less risky.
sometimes a newbie even could play better than us who have gamble for years , and there's something called a beginner luck some people really believe on that . i personally did not take it too serious , just gamble if you want but never make it as your primary income.

nobody can survive to keep getting profit in the long period.
But in reality beginner luck is true. This could have been experienced by most of the people who are new to the gambling. In the starting they used to win big, though they don't analyse about the event. Later on the common things starts to take place with failure. In the meantime very few seems to be good knowing the truth and save the winning, others just loose it in a short.
sr. member
Activity: 784
Merit: 282
Let me add to what everyone else is saying and tell you to stay away from gambling.
If you are in it for the long term, as you said, you expose yourself to more risk of losing to the casino.

The house always has an edge and that is why the house always wins.
Long term gambling most often leads to you losing money.

Better to trade and invest in altcoins.
legendary
Activity: 2674
Merit: 1048
I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?

I would recommend you not to, as sport bets might be very hard for newbie. Of course you can bet on low risk matches but you will get almost no profit at all, to be good in sports bets you have to invest a lot of time into that, i think it would be much better for you if you would keep earning bitcoins like you did and just hold them. If you will want to invest them somewhere, you can start trading, it is good way to earn and it's less risky.
sometimes a newbie even could play better than us who have gamble for years , and there's something called a beginner luck some people really believe on that . i personally did not take it too serious , just gamble if you want but never make it as your primary income.

nobody can survive to keep getting profit in the long period.
hero member
Activity: 700
Merit: 500
I think no, but for entertainment purposes only why not. It is some kind of gambling and losing is inevitable and its too risky also. If as a newbiw wants to gain and grows his profit, he should learn to trade.

And this for "Entertainment" purposes only could turn into an addiction, Why? simple, it is because when we lost the thing which we can't afford to lose, then we are going to do everything just to take it back, just like in gambling, if we bet, then we lost, then of course we are going to be provoke by the house and gamble more of our money believing that we could win it all back, but sadly, it is the opposite, we are just going to lose more and more if we are not going to quit gambling.

sr. member
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I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?
You shuld initiate trading and learning them. It's profitable though you don't have much of capital to trade altcoins. If you know how to get in perfect timing and you have a time for it, your capital can be multiplied unexpectedly.
hero member
Activity: 1540
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i think betting isn't a good choice for a newbie because people is very easy to be addict to betting and gambling. This can take all your wallet or money. Try some thing easier and free. Good luck  Grin
hero member
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Backed.Finance
I think no, but for entertainment purposes only why not. It is some kind of gambling and losing is inevitable and its too risky also. If as a newbiw wants to gain and grows his profit, he should learn to trade.
sr. member
Activity: 1890
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I am earning and collecting bitcoin to bet on sports in future.Will it be a good choice to invest in it betting or other things.Where should i invest my bitcoin to have a long term profit?

I would recommend you not to, as sport bets might be very hard for newbie. Of course you can bet on low risk matches but you will get almost no profit at all, to be good in sports bets you have to invest a lot of time into that, i think it would be much better for you if you would keep earning bitcoins like you did and just hold them. If you will want to invest them somewhere, you can start trading, it is good way to earn and it's less risky.

We all start from a beginner and wrong if we do not feel a lot of defeat and lose money in the early gamble. Nothing is more risky than never trying it. Humans have different talents and intuitions. Choose gambling poker and sports betting or to your liking. Never think of big profits at the beginning because it will not be useful, focus on mastering system first with using small capital, this is a good thing for beginner.
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