Is Gambling a scam - page 17. | Bitcointalksearch.org

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Quote from: lovesmayfamilis on January 01, 2025, 05:35:34 AM

I agree. However, if we imagine a situation where people do not know about this forum, then the probability of falling into the clutches of scammers is very high. In addition, those unimaginable bonuses that casinos sometimes offer, along with bright advertising and fake statistics of frequent wins, will be very good bait for beginners. And as a rule, people begin to analyze more and doubt only after receiving their own bitter experiences.

This is true. The awareness of users on the forum is at a very high margin and that’s because, almost on a daily base, you find users having to talk about this and that experience concurrently. As the schemes are developed, there is a likelihood that someone knows about it on this forum, either as a first time experience or have heard of it somewhere in their neighborhood and would be sure to share. That’s some of the benefits in being a part of a globally inclusive forum such as this one.

In our world now, there are so many tools to edit even that which is fake to make it look believable and these tools are in the hands of those who want to use it for evil as well as good. Being shown this and that as proof doesn’t always solves it. Your always better off making your own analysis and predictions.

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Quote from: Jody.Drummer on January 02, 2025, 12:18:18 AM

Quote from: Cityhunter34 on January 01, 2025, 04:30:55 PM

As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

Indeed, some people who consider gambling a fraud are because they are wrong in responding to gambling, such as they think they can get certain profits in gambling so that indirectly it makes them have or put high hopes on gambling and this is what makes them think gambling is a fraud because by thinking they can get certain profits while the most likely thing to happen is losing the money that is bet.
The correct point of view is indeed to respond to gambling as just a means of entertainment, because with this I think there will be no high hopes that we have in gambling, also with this it can prevent major losses because when we put high hopes on gambling it usually makes us experience major losses because we are chasing victory which actually has no way to get it other than luck that is on our side at the right time.

Well that's also what I think which I also strongly believe that one of the reasons why many people assume that gambling is a scam is because they actually do not know and understand properly about what and how gambling really is so they assume or think that losing is a scam, even though rationally it is clear from the start that gambling is about winning and losing, meaning that it can be said that losing is a very natural result.

I agree with the statement you made in your second paragraph that there is no other correct point of view than making gambling a place to seek entertainment, because when we direct our minds to the entertainment aspect then the losses from the losses we experience will not be too painful, so far I think that's all.

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Quote from: Cityhunter34 on January 01, 2025, 04:30:55 PM

As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

Indeed, some people who consider gambling a fraud are because they are wrong in responding to gambling, such as they think they can get certain profits in gambling so that indirectly it makes them have or put high hopes on gambling and this is what makes them think gambling is a fraud because by thinking they can get certain profits while the most likely thing to happen is losing the money that is bet.
The correct point of view is indeed to respond to gambling as just a means of entertainment, because with this I think there will be no high hopes that we have in gambling, also with this it can prevent major losses because when we put high hopes on gambling it usually makes us experience major losses because we are chasing victory which actually has no way to get it other than luck that is on our side at the right time.

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Quote from: Cityhunter34 on January 01, 2025, 04:30:55 PM

As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

So that will depend on us, right? But if we see many people out there, they use a wrong approach using gambling where they want to make money from gambling. They don't have limitation playing gambling as they think that they can use more and more money to win.

They must realize about gambling is a form of entertainment and not for a way to make money. That is why we must manage our minds and not let thinks to make money from gambling. We already many bad examples out there so we must really careful using gambling.

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As far as I know, gambling itself is not a scam, it's how people approach it that can make it seem that way.

It is essential to view gambling as a form of entertainment rather a means to make quick money, which often lead to significant losses in gambling. By keeping this mindset whenever we gamble, we can minimize frequent losses.

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Quote from: WatChe on January 01, 2025, 12:12:16 PM

Quote from: $crypto$ on January 01, 2025, 09:27:45 AM

Anyone who will consider fraud against gambling games then it is better not to play if you do not want to lose a lot of money let alone consider this fraud as unreasonable.

Often there are indeed considerations like that, where they make 100x rolls but don't get any winnings at all, usually that person will question the casino is this a scam? Actually this is difficult to explain maybe they are just unlucky.

Stay like a responsible gambler where you will know your limits and also know if you have lost a streak will stop.

There are people who invest in stock and get good profit while there are people who invest in stock and bear heavy loses. The key difference between these two type of investors is that the former understand how stock works before putting his money while the later one invest without any prior work and consider stock a fraud.
It's important that one must understand how gambling works otherwise he will consider it a scam. Gambling is something one can do occasionally, if you can't control your money going into gambling better stay away from it.

This is true, but to understand it you need to play for a few hours and experience winnings and losses, because in theory it is difficult to imagine what gambling does to our brain and emotions. Playing with constant ups and downs of our money account can greatly affect us, which subsequently causes various disorders, and sometimes even depression. It is also necessary to understand how casino owners earn money, personally it helped me a lot in assessing my chances, cutting losses and not getting too upset when I lose, if they happen.

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Quote from: lovesmayfamilis on January 01, 2025, 05:35:34 AM

Quote from: madnessteat on December 31, 2024, 05:44:38 PM

In fact, it is not so difficult to protect your money from scammers - you just need to choose a gambling site not by promotions and enticing phrases of marketers and proceed in your choice from the reputation and time of work of the gambling platform. Even if a newcomer looks at the signatures of forum users with a good reputation, he can easily protect himself from scammers. You just need to be careful and spend a little time on your own analysis.

I agree. However, if we imagine a situation where people do not know about this forum, then the probability of falling into the clutches of scammers is very high. In addition, those unimaginable bonuses that casinos sometimes offer, along with bright advertising and fake statistics of frequent wins, will be very good bait for beginners. And as a rule, people begin to analyze more and doubt only after receiving their own bitter experiences.

I think that regardless of knowing the forum or not, it's actually the same because those who are on the forum also when they are not careful in choosing and just randomly try the site the situation will still be the same where the potential of being deceived will be very high.

Now the most important thing is how we are careful and selective in choosing including the sites we play. Being on the forum is still beneficial because we have several references to sites that are safe and comfortable to play but on the other hand when we get off track and try new sites that are not very clear then everything is the same because the situation where vulnerable fraud will be very large for them.

For some gamblers sometimes always want to try that regardless of whether they already know there are safe sites or not but not all of them are like that where most (including me) when they are comfortable with one gambling site, they will stay and play on that site.

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Quote from: Obari on January 01, 2025, 03:32:01 AM

Quote from: Dewi Aries on December 31, 2024, 06:05:22 PM

NO, in my opinion gambling is gambling and fraud is another thing, although I understand that in gambling the fraud scenario is still possible to happen, but in any case losing in gambling does not mean because you are cheated, but because that is how gambling should be, or it can also be said that winning and losing is a very natural result in gambling, and when you experience more losses in a row then you assume that the casino is cheating you then clearly that is a big mistake in thinking, because no matter how big the loss in gambling is, it is caused because you are far from lucky and also because you cannot control your gambling activities such as not setting any limits so that in the end you fall into and lose a lot of money.

Gambling can be scam when you're not winning. But when hitting profits, you're absolutely happy. I've encountered losses and profits in gambling. The system have been designed to lure us into heavy losses but more we learned something new in the system. I know it's never consider an easy task to gamble but with tactics, one could easily noticed weaker spots. Experience is important in gambling because if he is pessimistic to break heights in the space, there are quite certain sectors he should avoid and also get acquainted with. Before indulging in gambling, one must have two things in mind, either a win or lose to be possible game outcome. Gambling have been surrounded to be major source of huge loss.

Yes, but winning and losing are natural in gambling and it cannot be interpreted that when you lose you have been cheated by the casino, that is a big misunderstanding, because after all gambling is an activity that involves money, opportunities and risks, so besides you can win but you can also lose. In my opinion, gambling is divided into two, namely the first is based on luck and the second is based on skill and a little luck like sports betting, but when you apply tactics or strategies to the type of casino game then it is useless because it will not affect the results, experience is important but that is also only when we talk about the type of skill-based gambling because there is statistical data that can be analyzed to be used as a reference before, the point is regardless of the type of game, losing and winning in gambling is a natural thing.

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Quote from: $crypto$ on January 01, 2025, 09:27:45 AM

Anyone who will consider fraud against gambling games then it is better not to play if you do not want to lose a lot of money let alone consider this fraud as unreasonable.

Often there are indeed considerations like that, where they make 100x rolls but don't get any winnings at all, usually that person will question the casino is this a scam? Actually this is difficult to explain maybe they are just unlucky.

Stay like a responsible gambler where you will know your limits and also know if you have lost a streak will stop.

There are people who invest in stock and get good profit while there are people who invest in stock and bear heavy loses. The key difference between these two type of investors is that the former understand how stock works before putting his money while the later one invest without any prior work and consider stock a fraud.
It's important that one must understand how gambling works otherwise he will consider it a scam. Gambling is something one can do occasionally, if you can't control your money going into gambling better stay away from it.

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Quote from: lovesmayfamilis on January 01, 2025, 05:35:34 AM

Quote from: madnessteat on December 31, 2024, 05:44:38 PM

In fact, it is not so difficult to protect your money from scammers - you just need to choose a gambling site not by promotions and enticing phrases of marketers and proceed in your choice from the reputation and time of work of the gambling platform. Even if a newcomer looks at the signatures of forum users with a good reputation, he can easily protect himself from scammers. You just need to be careful and spend a little time on your own analysis.

I agree. However, if we imagine a situation where people do not know about this forum, then the probability of falling into the clutches of scammers is very high. In addition, those unimaginable bonuses that casinos sometimes offer, along with bright advertising and fake statistics of frequent wins, will be very good bait for beginners. And as a rule, people begin to analyze more and doubt only after receiving their own bitter experiences.

I agree. Most people really start to think about the safety of their funds only after they have a negative experience and this applies not only to gambling.

Another good option not to encounter fraudsters in the field of gambling is to choose a gambling platform based on the reviews of people you know who have been gambling for a long time.

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Quote from: Japinat on January 01, 2025, 06:20:13 AM

That is why we should never go for anything questionable or suspicious sites. We often get caught by scam sites because we fall for their sweet promises, especially when talks about high rewards. If not mistaken, the sites offering the biggest payouts are usually the ones that turn out to be scams. Honestly, if we just stopped fooling ourselves, I'm certain that we will not fall into these traps. Unfortunately, greed caught us, and despite all the red flags and past experiences, so many people still turn a blind eye and fall for the same tricks.

Whenever an offer becomes too good to be true, it calls for so much of been careful, we cannot be carefree seeing that an offer is just unnecessary too good, it's actually a technique to attract more persons so they get as much victims as possible and make as much money as possible but if you pay attention to details, most likely you may not turn out their victim because you get to understand certain offers as been almost not possible except they intend to scam anyone who eventually signs up to get such offers.

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Quote from: danherbias07 on January 01, 2025, 09:40:39 AM

That happened to me a lot of times when I felt like the online casino was cheating but when I understood about the house edge, RTP, RNG, and every algorithm there is, that's when it made a lot of sense.
They are not cheating especially the reputable ones but there's an algorithm that we cannot get yet when we are experiencing a losing streak. That's why it takes a lot of spins in slots before you get that high multiplier but there are gamblers who get lucky at their first 100 tries and get a max multiplier all of a sudden. That just means they opened that game at the right time and it could happen to anyone.

Actually, on slot game you can’t guarantee fairness since they are using close source code unlike the house game that use provably fair system which you can verify yourself the fairness of the result.

We only rely on the reputation of the game provider for the fairness of the game. But overall real gambler knew that casino games has a house edge which means chance of losing is high compared to winning that’s why we can accept easily the losses instead of doing some baseless accusations like this thread.

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Quote from: DaNNy001 on December 31, 2024, 03:51:55 PM

Quote from: Fortify on December 31, 2024, 03:28:15 PM

Quote from: uche6215 on November 23, 2024, 04:48:32 PM

Hi guys let have your view on this questions because only real gamblers will understand what I mean?
Is Gambling with your hard earned money Worth it because I have come to the conclusion that gambling is a scam

Gambling is not a scam and in fact is completely upfront about the odds that you will get from playing. However there are two weaknesses in the human psyche that most people will suffer from, the first is that you see the odds of 96% return to player and miscalculate them - your brain thinks it's over a gaming session, but the reality is your wallet will deplete at an average rate of 4% per spin (if we use a simple casino slot game example). The second fact is that most people are just plain greedy, they think after hitting a large win or two, that somehow they will get on a streak or be that one in a billion player who hits a $50k jackpot, but only realize 10 years later that they have sunk in a small fortune after getting hooked.

It's an inbuilt features when it comes to human thinking that a big win can get them that fantasy win that they have either heard other gamblers saying or seen someone close to them have experienced. Most of the time , the ability to just foresee wins is the only mentality that plays on the mind of a wild gamblers.

Dreaming or aiming to expereinced the same thing keeps pushing gambler to keep on playing not realizing the risk that they are taking, though it's not everyone have that same fate, but inside the minds of those gambler, just one big luck it will change everything, their finances will be cover and they will have a better life if in case they hit the jackpot.

We can't remove that reality as there are many addicted gamblers who become greedy after tasting some decent winnings, they think that it's always possible if luck permits them to win.

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Quote from: danherbias07 on January 01, 2025, 09:40:39 AM

Quote from: $crypto$ on January 01, 2025, 09:27:45 AM

Anyone who will consider fraud against gambling games then it is better not to play if you do not want to lose a lot of money let alone consider this fraud as unreasonable.

Often there are indeed considerations like that, where they make 100x rolls but don't get any winnings at all, usually that person will question the casino is this a scam? Actually this is difficult to explain maybe they are just unlucky.

Stay like a responsible gambler where you will know your limits and also know if you have lost a streak will stop.

That happened to me a lot of times when I felt like the online casino was cheating but when I understood about the house edge, RTP, RNG, and every algorithm there is, that's when it made a lot of sense.
They are not cheating especially the reputable ones but there's an algorithm that we cannot get yet when we are experiencing a losing streak. That's why it takes a lot of spins in slots before you get that high multiplier but there are gamblers who get lucky at their first 100 tries and get a max multiplier all of a sudden. That just means they opened that game at the right time and it could happen to anyone.

Understanding algorithms is difficult, one might not be able to prove it.
Gambling is part of the business, if they are caught cheating, their reputation will be destroyed.
And actually every luck is always different, therefore gambling for pleasure let alone expecting victory will be difficult to get the maximum multiplier.

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Quote from: $crypto$ on January 01, 2025, 09:27:45 AM

Quote from: Dewi Aries on December 31, 2024, 06:05:22 PM

NO, in my opinion gambling is gambling and fraud is another thing, although I understand that in gambling the fraud scenario is still possible to happen, but in any case losing in gambling does not mean because you are cheated, but because that is how gambling should be, or it can also be said that winning and losing is a very natural result in gambling, and when you experience more losses in a row then you assume that the casino is cheating you then clearly that is a big mistake in thinking, because no matter how big the loss in gambling is, it is caused because you are far from lucky and also because you cannot control your gambling activities such as not setting any limits so that in the end you fall into and lose a lot of money.

Anyone who will consider fraud against gambling games then it is better not to play if you do not want to lose a lot of money let alone consider this fraud as unreasonable.

Often there are indeed considerations like that, where they make 100x rolls but don't get any winnings at all, usually that person will question the casino is this a scam? Actually this is difficult to explain maybe they are just unlucky.

Stay like a responsible gambler where you will know your limits and also know if you have lost a streak will stop.

That happened to me a lot of times when I felt like the online casino was cheating but when I understood about the house edge, RTP, RNG, and every algorithm there is, that's when it made a lot of sense.
They are not cheating especially the reputable ones but there's an algorithm that we cannot get yet when we are experiencing a losing streak. That's why it takes a lot of spins in slots before you get that high multiplier but there are gamblers who get lucky at their first 100 tries and get a max multiplier all of a sudden. That just means they opened that game at the right time and it could happen to anyone.

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Quote from: lovesmayfamilis on January 01, 2025, 05:35:34 AM

Quote from: madnessteat on December 31, 2024, 05:44:38 PM

In fact, it is not so difficult to protect your money from scammers - you just need to choose a gambling site not by promotions and enticing phrases of marketers and proceed in your choice from the reputation and time of work of the gambling platform. Even if a newcomer looks at the signatures of forum users with a good reputation, he can easily protect himself from scammers. You just need to be careful and spend a little time on your own analysis.

I agree. However, if we imagine a situation where people do not know about this forum, then the probability of falling into the clutches of scammers is very high. In addition, those unimaginable bonuses that casinos sometimes offer, along with bright advertising and fake statistics of frequent wins, will be very good bait for beginners. And as a rule, people begin to analyze more and doubt only after receiving their own bitter experiences.

The scammers will study and analyze the targets that will fall into their trap. And I'm sure they also have data or strategies to make them more effective in deceiving many people, one of which is by giving the lure of bonuses and so on.
It is undeniable that there are still many people who will be tempted by bonuses and other attractive offers offered by casinos that intend to deceive from the start and in my opinion that is indeed the most effective way to do it, especially to people who do not know or are in this forum.
Apart from that, other factors are in each of them, such as someone who is addicted, they will even look for bonuses just to fulfill their desires.

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Quote from: Dewi Aries on December 31, 2024, 06:05:22 PM

NO, in my opinion gambling is gambling and fraud is another thing, although I understand that in gambling the fraud scenario is still possible to happen, but in any case losing in gambling does not mean because you are cheated, but because that is how gambling should be, or it can also be said that winning and losing is a very natural result in gambling, and when you experience more losses in a row then you assume that the casino is cheating you then clearly that is a big mistake in thinking, because no matter how big the loss in gambling is, it is caused because you are far from lucky and also because you cannot control your gambling activities such as not setting any limits so that in the end you fall into and lose a lot of money.

Anyone who will consider fraud against gambling games then it is better not to play if you do not want to lose a lot of money let alone consider this fraud as unreasonable.

Often there are indeed considerations like that, where they make 100x rolls but don't get any winnings at all, usually that person will question the casino is this a scam? Actually this is difficult to explain maybe they are just unlucky.

Stay like a responsible gambler where you will know your limits and also know if you have lost a streak will stop.

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Quote from: uche6215 on November 23, 2024, 04:48:32 PM

Hi guys let have your view on this questions because only real gamblers will understand what I mean?
Is Gambling with your hard earned money Worth it because I have come to the conclusion that gambling is a scam

Of a truth gambling itself is not a scam depending on how you go about it, you can only consider gambling been scam only when you're addicted to it, you know in life whatever thing you're doing that requires puting our money let's say you keep doing it more often at the end you didn't achieve anything definitely people will see it as scam, but if you have self control and also a responsible gambler there's no way you will see it as scam reason is because you know what gamble is all about.

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Quote from: Japinat on January 01, 2025, 06:20:13 AM

Quote from: retreat on January 01, 2025, 05:09:36 AM

Quote from: Su-asa on December 31, 2024, 03:04:07 PM

Gambling isn't a scam but I can say that some casinos are actually a scam and that should be the topic of discussion. There have been cases where some casinos refused to pay out the users win, using network fluctuations as an excuse. This is why you shouldn't make use of any casino you are not sure of or casinos without good reviews. Gambling itself isn't a scam because you are not being forced by anyone neither were you promised to have a guaranteed win. You should be responsible for every risk you take instead of trying to blame the casino or sportsbook for your losses.

There are many scam casinos out there that still operate freely and without restrictions, in my own country this is a problem, because these casinos operate massively and target young people. These casinos make it easy for people to play by simply relying on filling their balance via cellphone credit or e-wallet, and then later after verification players can play on the platform. And you can guess for yourself, these casinos are shit, they manipulate the game, promise high returns to players, but in the end it's all just a scam. This is what gamblers should avoid.

That is why we should never go for anything questionable or suspicious sites. We often get caught by scam sites because we fall for their sweet promises, especially when talks about high rewards. If not mistaken, the sites offering the biggest payouts are usually the ones that turn out to be scams. Honestly, if we just stopped fooling ourselves, I'm certain that we will not fall into these traps. Unfortunately, greed caught us, and despite all the red flags and past experiences, so many people still turn a blind eye and fall for the same tricks.

You are right and this is the problem some or most human being has, always carried away by flashy things which is very dangerous and harmful inside them, people have been hearing how other people got scammed and the way in which they got scammed yet people are still following and doing that same thing that make some set of people got scammed. being greed is not actually bad but one should not be greed in doing things that will bring loss and regret to them and the funny thing is that sometimes they knew but they will want to try it to see for themselves and i think that is stupidity at high level i mean how will someone see fire knowing fully well it use to burn and went ahead to try if it will actually burn.

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Quote from: uche6215 on November 23, 2024, 04:48:32 PM

Hi guys let have your view on this questions because only real gamblers will understand what I mean?
Is Gambling with your hard earned money Worth it because I have come to the conclusion that gambling is a scam

Why it will be scam. It can be scam if you loose money on gambling. We all know that how tough gambling is. Its a tough way of earning. There are many things related on it when you try to gamble. It mean you need to have enough fund and mostly need to control your mind. If you fail to control your mind you may loose all of your fund and you may raise a question like that if it is scam.However i never have seen any of my friend became rich when they are gambling. Some of them may gain some but most of them loose their money. So that they say always its control by someone else but its not correct. Actually they didn’t control theirslef and raise question like you. So i think if you fail continuously on this field you need to ignore it. Hope you Understand.

Topic: Is Gambling a scam - page 17. (Read 5740 times)