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Topic: Is betting a good choice for a newbie? - page 33. (Read 12891 times)

hero member
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You should not consider gambling or betting as a source of income,
I think you should not put all of the money that you earned in gambling you might just lose it all.
That's not what he meant that's why he's asking for better investment. In my opinion, it's better to invest in altcoin and gamble what you can afford to lose. In this sense, total lose would be prevented as you risk not all in gambling.
sr. member
Activity: 854
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You should not consider gambling or betting as a source of income,
I think you should not put all of the money that you earned in gambling you might just lose it all.
legendary
Activity: 1190
Merit: 1024
You may do it, but it is too advance for you. Try trading and mining first, or you must try earning in faucets first before betting. If you have already a money then go betting but read all articles about what you are doing. You may also watch it in youtube, you may see all the tricks and strategies out there. Reading is the key to success alwahd remember that.

I disagree to that fact that Newbie do trading first before betting. I think trading is far more difficult job and even the experienced find it difficult to prehend the trend of market, but on the other hand betting is an easy job and can be done by a Newbie. I will say betting can be done along with faucets works in the start as trading requires much more skill.
sr. member
Activity: 336
Merit: 250
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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?

First rule of gambling do not spend more than you can afford to loose, just cause you win doesn't mean you need to play double to earn more, make a exit. In case of heavy loss, call it a day and do not try to recover. Read around the stories of how people have made money or lost it. Look for trusted casinos and don't fall for scams. As far your question of investment leave Bitcoins as it is and will grow you don't need to do anything, it's a investment in itself.
In this I completely agree with you, and really that for a beginner, who first decided to play, you must first learn all the information about gambling, in which they are going to play, and only then begin to act.
legendary
Activity: 1176
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Yes you may do that but research for all the aspects of the game. You need to be familiarize in all your doing to avoid any losing of your money. You need to be wise enough to be successful. Take other advices too, remember other expiriences might  help you. Be friendly too , they will give you tips and tricks
I think for beginners they play without considering all of this because they play gambling just for fun that's why they beginners can almost always win in every bet they are made. That's why there is a presumption that beginners will always win when gambling and that also makes us think that with pleasure will be able to win in gambling.
hero member
Activity: 1260
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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 talk invested for long-term profits, I would prefer to trading. But we are here talking gambling, I guess gambling is not a good choice for a newbie, I think gambling is not an investment.

Neither gambling nor trading is good for a newbie as in both cases there are more chances that he will  make loss but that loss can be minimized in trading if he learn the basics of trading and he can expect some profits if he invests his money after doing a good market research.
Yes between trading and gambling are huge risk losing bitcoin in there, they are difficult for earn bitcoin
On gambling game needs lucky to make winnings and on trading needs skill to make profit,
betting is good for all of people who be ready to losing money and it is not about newbies or not
but it is about manage the risk in gambling and trading.
I will nor prefer gambling for newbies because as we know, it is not profitable for anyone you must be experienced and newbie. But I will suggest newbies learn to trade. Ofcourse, in the beginning, they will lose some money, but they will find out how to do trading. If we stop them now only, they will not learn anything, and finally, they will enter gambling to earn bitcoins.
Actually, gambling only recommend those are having enough money, experienced in losing. In beginning when a person under losing mood he will be going depression and that's not good further activities. Besides do other activities in the beginning they will lose some money, but this failure helps him further success.

He may be newbies in this forum but what if he is experienced in gambling sports betting, OP if you are experienced in sports betting or if you can gain knowledge by lossing some bets then it is ok for you to go for sports betting but in gambling dont always think of profit their may be loss first but learn from your mistake and in future you can be in profit. So everything depends on OP ability
hero member
Activity: 868
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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 talk invested for long-term profits, I would prefer to trading. But we are here talking gambling, I guess gambling is not a good choice for a newbie, I think gambling is not an investment.

Neither gambling nor trading is good for a newbie as in both cases there are more chances that he will  make loss but that loss can be minimized in trading if he learn the basics of trading and he can expect some profits if he invests his money after doing a good market research.
Yes between trading and gambling are huge risk losing bitcoin in there, they are difficult for earn bitcoin
On gambling game needs lucky to make winnings and on trading needs skill to make profit,
betting is good for all of people who be ready to losing money and it is not about newbies or not
but it is about manage the risk in gambling and trading.
I will nor prefer gambling for newbies because as we know, it is not profitable for anyone you must be experienced and newbie. But I will suggest newbies learn to trade. Ofcourse, in the beginning, they will lose some money, but they will find out how to do trading. If we stop them now only, they will not learn anything, and finally, they will enter gambling to earn bitcoins.
Actually, gambling only recommends those are having enough money, experienced in losing. In beginning when a person under losing mood he will be going depression and that's not good further activities. Besides doing other activities in the beginning they will lose some money, but this failure helps him further success.
legendary
Activity: 1316
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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 talk invested for long-term profits, I would prefer to trading. But we are here talking gambling, I guess gambling is not a good choice for a newbie, I think gambling is not an investment.

Neither gambling nor trading is good for a newbie as in both cases there are more chances that he will  make loss but that loss can be minimized in trading if he learn the basics of trading and he can expect some profits if he invests his money after doing a good market research.
Yes between trading and gambling are huge risk losing bitcoin in there, they are difficult for earn bitcoin
On gambling game needs lucky to make winnings and on trading needs skill to make profit,
betting is good for all of people who be ready to losing money and it is not about newbies or not
but it is about manage the risk in gambling and trading.
I will nor prefer gambling for newbies because as we know, it is not profitable for anyone you must be experienced and newbie. But I will suggest newbies learn to trade. Ofcourse, in the beginning, they will lose some money, but they will find out how to do trading. If we stop them now only, they will not learn anything, and finally, they will enter gambling to earn bitcoins.
legendary
Activity: 2646
Merit: 1106
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Newbie to the forum doesn't mean that they are new to gambling. So it depends on the knowledge base an user hold in gambling and related strategy making. There are several gamblers who are new to gambling with bitcoin but have handful of experience to decide the odds perfectly.
hero member
Activity: 518
Merit: 500
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 talk invested for long-term profits, I would prefer to trading. But we are here talking gambling, I guess gambling is not a good choice for a newbie, I think gambling is not an investment.

Neither gambling nor trading is good for a newbie as in both cases there are more chances that he will  make loss but that loss can be minimized in trading if he learn the basics of trading and he can expect some profits if he invests his money after doing a good market research.
Yes between trading and gambling are huge risk losing bitcoin in there, they are difficult for earn bitcoin
On gambling game needs lucky to make winnings and on trading needs skill to make profit,
betting is good for all of people who be ready to losing money and it is not about newbies or not
but it is about manage the risk in gambling and trading.
hero member
Activity: 2520
Merit: 568
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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 talk invested for long-term profits, I would prefer to trading. But we are here talking gambling, I guess gambling is not a good choice for a newbie, I think gambling is not an investment.

I prefer to trading too for newbie. I don't think that betting will be a good choice for a new one. And that can lead him to addiction, so for me that's going to be a bad choice for him and that's not a good thing for a new one. Because it can make him into early disappointment when he started to gamble and that will lose him a lot of money.
sr. member
Activity: 322
Merit: 250
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 talk invested for long-term profits, I would prefer to trading. But we are here talking gambling, I guess gambling is not a good choice for a newbie, I think gambling is not an investment.

Neither gambling nor trading is good for a newbie as in both cases there are more chances that he will  make loss but that loss can be minimized in trading if he learn the basics of trading and he can expect some profits if he invests his money after doing a good market research.
sr. member
Activity: 560
Merit: 257
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 talk invested for long-term profits, I would prefer to trading. But we are here talking gambling, I guess gambling is not a good choice for a newbie, I think gambling is not an investment.
hero member
Activity: 1820
Merit: 537
Betting on sports is not good if you want a long term profit and it also not good if you think it is investment are you are wrong there a gambling will only be an investment if you are the owner of the gambling site or you invested in part of their bankroll it will be a good investment but betting or playing is not .
There are many investments there you only need to think critically on how those investments will work to you to earn money .
sr. member
Activity: 658
Merit: 250
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Most of the newbies will prefer to try their luck on gambling hoping to double their bitcoins in quick time and will result in loosing everything that they have and in that case they may start having negative impression about bitcoins and would not prefer to use bitcoins again.
hero member
Activity: 3038
Merit: 634
If OP is just looking for the best place to invest, I don't suggest that betting will be a good choice for him.

There are even more choice for him like, investing to trading and it will be the best shot for him.

But it's worth a try for a newbie when it comes to sports betting.

Why would someone choose gambling for a start? It may be a good price to win, but gambling is a game of chance, you cannot assure a good profit out of it. I also recommend investing or trading, or you can just hold your bitcoin and wait for a year, see what happens. As a newbie, there are tons of ways to do besides gambling.

Well we can't predict others mind, for those experienced ones they will probably say that gambling will be a good choice for a newbie.

Since they have the beginner's luck, they can also no feelings of upset when they are starting to lose.

And in return to that, they can probably win big amount.
legendary
Activity: 1680
Merit: 1001
You may do it, but it is too advance for you. Try trading and [1]mining first, or you must try [2]earning in faucets first before betting. If you have already a money then go betting but read all articles about what you are doing. You may also watch it in youtube, [3] you may see all the tricks and strategies out there. Reading is the key to success alwahd remember that.
[1] Mining is not profitable again, there are a lot of mining sites which turned into scam sites. LTCgear, Script.CC, and many more. Better do something else to earn bitcoin rather than mining.
[2] Doing faucet to earn some satoshi isn't good thing if you are going use that for betting. If you want to do faucets, just collect those until it reach some amount and do other else beside gamble.
[3] Unfortunatelly there isn't any skills will works in gambling.
hero member
Activity: 616
Merit: 502
I think betting is a good choice for beginners if you want to go into the gambling world. Betting is a very simple game, and getting started with simple things is a good choice. Because if starting with a complex can change our thinking. At least by choosing betting we can gather experience first before plunge into a more complicated game.

I disagree, it is risky, not to mention that they are just newbies on the crypto world, what I mean is they bought bitcoin as a starter kit, and they are just going to use it on gambling hoping that they could multiply it? I don't so, because they will just going to lose it, they will be frustrated, they will going to lose hope on bitcoin and going to quit crypto world, which is wrong.

If you are just a newbie, it would be better if you are going to stay away on gambling because it will just going to make your life miserable and there would be a time that you are going to have more debts to your friends, because you don't have money anymore for you to spend on gambling.
hero member
Activity: 854
Merit: 500
You may do it, but it is too advance for you. Try trading and mining first, or you must try earning in faucets first before betting. If you have already a money then go betting but read all articles about what you are doing. You may also watch it in youtube, you may see all the tricks and strategies out there. Reading is the key to success alwahd remember that.
hero member
Activity: 924
Merit: 500
Yes you may do that but research for all the aspects of the game. You need to be familiarize in all your doing to avoid any losing of your money. You need to be wise enough to be successful. Take other advices too, remember other expiriences might  help you. Be friendly too , they will give you tips and tricks
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