Is Gambling a scam - page 3. | Bitcointalksearch.org

WatChe

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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.

madnessteat

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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.

$crypto$

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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.

danherbias07

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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.

pusaka

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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.

$crypto$

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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.

Judith87403

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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.

Japinat

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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.

viljy

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Quote from: mammusu on January 01, 2025, 04:33:43 AM

Quote from: viljy on January 01, 2025, 02:32:08 AM

Almost all players know that the chances of winning a gambling game are much less than the chance of losing. This information is open, and it is also well known that winning a gambling game depends on your luck.
Now compare this with the way various financial markets are advertised, where people are lured by promises of guaranteed wealth. Most of these people lost money on financial speculation or investments, contrary to what the media told them.
So, a gambler gets exactly what gambling promises - good luck or bad luck. And millions of people who believed the ads and lost money on financial speculation were actually deliberately deceived. So what of it, then, is a scam?

I think both gambling and financial investment have their own risks, so we need to understand the risks involved in both, I agree with what you said that players should generally be aware that luck plays a big role, not only in gambling, but on the other hand financial investment is also often promoted with promises of profits that may not be realistic so it can be very misleading for many people, Fraud occurs when the information provided is dishonest or misleading, leading people to believe that they will get a sure profit without significant risk, therefore, it is very important for us to seek information and also understand the risks that exist before we enter into gambling and also financial investments so as not to be trapped in losses.

Exactly. Deliberate deception is a scam. In gambling, no one promises winnings. They promise only a chance of winning. But, for example, small investors were lured into various financial instruments precisely by the promise of guaranteed profits. For example, binary options, or just Forex trading. I read a book about George Soros a long time ago. This financial speculator did not do anything at random, his entire business was built on insider information. Such people and corporations benefit from the deliberate deception of small investors. I could tell you more, for example, about how brokers ruined clients, and stories I know about people I know, but I think it's unnecessary, since it's already clear that gambling has nothing to do with the scam.

lovesmayfamilis

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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.

D ltr

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there is no word of fraud because we consciously come to the casino either offline or online, as we know gambling only has the word win and lose, but if we always experience defeat that luck is not on our side, here luck is the key to every step in gambling. so there is no word of fraud if you join the site that is relied on

retreat

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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.

Hirose UK

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Quote from: Sim_card on January 01, 2025, 04:45:47 AM

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

~snip~

Scammers are everywhere in the cryptospace. I could remember using a new casino that ended up being a scam but I was lucky that I didn't deposit big funds into my account. Gambling is for fun and your win is a reward for chosing to have fun with gambling. That doesn't mean that the casino owe you anything, and is a guarantee that you must make profit. When you put all your hope on gambling and overdo it, you will run at big loss, and that's due to your greed.

Using new casino is choice and every risk or various things that will happen are the responsibility of each individual, clearly new casino is place that still cannot be trusted 100% to guarantee security or provide all benefits for customers, there are various potential problems such as scams.

Agree with you that gambling is place to have fun and defeat is natural thing because defeat can be more likely to be obtained than victory, as gambler we must be wise in understanding or having an approach to all of this.

Sim_card

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

Quote from: yahoo62278 on November 23, 2024, 04:59:23 PM

Can some casinos be scammers is what your real question should be. Is gambling itself a scam? No, but it's not meant to be an instant money making machine. If it were then no casino would be open. Some people win and some lose, simple as that.

You might look at the games you play and decide if the games you play are good odds for you or bad odds. Some games have better odds like poker for example. In poker your skill level can give you an advantage vs other players. Blackjack is also fairly close to 50/50. If you play blackjack by the book, you have a 42% probability of winning. Baccarat is 44-46% chance of winning. Use google and find the odds on the games and decide what game you have the best chance of winning.

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.

Scammers are everywhere in the cryptospace. I could remember using a new casino that ended up being a scam but I was lucky that I didn't deposit big funds into my account. Gambling is for fun and your win is a reward for chosing to have fun with gambling. That doesn't mean that the casino owe you anything, and is a guarantee that you must make profit. When you put all your hope on gambling and overdo it, you will run at big loss, and that's due to your greed.

Koadharber

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Quote from: mammusu on January 01, 2025, 04:33:43 AM

Quote from: viljy on January 01, 2025, 02:32:08 AM

Almost all players know that the chances of winning a gambling game are much less than the chance of losing. This information is open, and it is also well known that winning a gambling game depends on your luck.
Now compare this with the way various financial markets are advertised, where people are lured by promises of guaranteed wealth. Most of these people lost money on financial speculation or investments, contrary to what the media told them.
So, a gambler gets exactly what gambling promises - good luck or bad luck. And millions of people who believed the ads and lost money on financial speculation were actually deliberately deceived. So what of it, then, is a scam?

I think both gambling and financial investment have their own risks, so we need to understand the risks involved in both, I agree with what you said that players should generally be aware that luck plays a big role, not only in gambling, but on the other hand financial investment is also often promoted with promises of profits that may not be realistic so it can be very misleading for many people, Fraud occurs when the information provided is dishonest or misleading, leading people to believe that they will get a sure profit without significant risk, therefore, it is very important for us to seek information and also understand the risks that exist before we enter into gambling and also financial investments so as not to be trapped in losses.

On the moment that you do put up money into something then it do involves risks and this is really just that normal. On the moment that you will be that putting up money whether on investment or gambling then it will really be that still imposing up the risks but of course the level of risks will be that totally be basing up on what are the things that you are dealing on with. The important thing on here is on how you do make yourself having the control of the risks specially when dealing up with gambling on which you should really be that only playing for the sake of fun and never intend to go above your limits because on the time that you do this then you will definitely be experiencing up such issues or problems on which this should be stopped as early as you can. Gambling isnt bad as long you do know your limitations.

Topic: Is Gambling a scam - page 3. (Read 3650 times)