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Topic: Navigating the World of Online Gambling - page 19. (Read 2832 times)

hero member
Activity: 1750
Merit: 567
Leading Crypto Sports Betting & Casino Platform
September 19, 2023, 05:43:07 AM
#47
-cut-
 Sometime ago, I came across a post where someone raised an issue on how do we know that the casino isn't set to beat us at their own games, unfortunately, you can't tell. but these casinos are governed by different bodies to protect customers right in win win and loss. we still can't tell if this is true though. some thing you can check before getting to bet in some casino.
I am not sure what you mean by this. Casinos are literally set to beat us, that's called house edge, without it casinos wouldn't make any profit. This has existed since casinos have existed and they are very open about it. House edge is small but they are in it for a long run so huge wins are counted into it.

Rest of your advices are pretty good for anyone really, no matter if you are starting or old player.
Since it's not just a single gambler that do beg on a casino at a time, we might not notice that casinos are really earning from us even with the multiple bonus system and other things too to make us stick to a particular casino.

 If we really understand that techniques on how casinos earn from us, we will be very surprised that no matter how good a gambler can be, they will still make loses even though they are still making profits so far but there are also gambkers that are making loses on regular which makes it easy for the casino to earn a lots from us without us knowing what up and how the system benefits them a lot.

Well of course, I think almost everyone is a beggar in the casino. Maybe they're not unaware, I'm sure most of them are aware that casinos make money from losing gamblers there, but I don't think they really think about it, I think they just really rely on luck with very high hopes.

Well that's right guys, most would be shocked if they knew the true facts about the money flow in casinos that will always only benefit the casino, not the gamblers. Of course, I've also heard from some people that even professionals never escape the name of loss, they are also the same as ordinary gamblers who sometimes profit and sometimes lose, and certainly defeat will always dominate, I think those professionals are just a little superior in terms of experience compared to us and they already know the various conditions that exist in gambling, and I say it has absolutely no effect on increasing victory but maybe it can be used to reduce defeat. So with this alone maybe we should also have realized that indeed casinos are created only for profits in favor of the casino itself not for gamblers, I say gamblers are just people who bet themselves and their money to win there, but the casino system is designed only to make them profitable, not for gamblers, and gamblers may only be given a small portion of their profits,
nothing but that just to tempt them to keep coming back.
sr. member
Activity: 1008
Merit: 262
20BET - Premium Casino & Sportsbook
September 18, 2023, 02:07:34 PM
#46
-cut-
 Sometime ago, I came across a post where someone raised an issue on how do we know that the casino isn't set to beat us at their own games, unfortunately, you can't tell. but these casinos are governed by different bodies to protect customers right in win win and loss. we still can't tell if this is true though. some thing you can check before getting to bet in some casino.
I am not sure what you mean by this. Casinos are literally set to beat us, that's called house edge, without it casinos wouldn't make any profit. This has existed since casinos have existed and they are very open about it. House edge is small but they are in it for a long run so huge wins are counted into it.

Rest of your advices are pretty good for anyone really, no matter if you are starting or old player.
Since it's not just a single gambler that do beg on a casino at a time, we might not notice that casinos are really earning from us even with the multiple bonus system and other things too to make us stick to a particular casino.

 If we really understand that techniques on how casinos earn from us, we will be very surprised that no matter how good a gambler can be, they will still make loses even though they are still making profits so far but there are also gambkers that are making loses on regular which makes it easy for the casino to earn a lots from us without us knowing what up and how the system benefits them a lot.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
September 18, 2023, 01:55:46 PM
#45
-cut-
 Sometime ago, I came across a post where someone raised an issue on how do we know that the casino isn't set to beat us at their own games, unfortunately, you can't tell. but these casinos are governed by different bodies to protect customers right in win win and loss. we still can't tell if this is true though. some thing you can check before getting to bet in some casino.
I am not sure what you mean by this. Casinos are literally set to beat us, that's called house edge, without it casinos wouldn't make any profit. This has existed since casinos have existed and they are very open about it. House edge is small but they are in it for a long run so huge wins are counted into it.


You're right most of the casinos can beat us due to the house edge that they have in the games that they have developed. The casinos have pretty small percent of house edge in those games and that's one of the reasons for them to earn profits. There are some games where house edge is low and some games where house edge is high. In some games house edge is above 10% while in other games house edge is below 2% but still the house edge is present in most games. We can not deny the fact that casinos have advantage of winning because of the house edge and if they completely remove the house edge thing then most of them will be out of business.
sr. member
Activity: 1372
Merit: 348
September 18, 2023, 01:40:42 PM
#44
Aside from the list given by at OP if we are into navigating the World of online gambling then we must familiarize ourselves with:

Gambling Vocabularies which richness can be found in this site: https://www.casino.org/glossary/
Different types of gambling games: https://www.gamblingsites.org/gambling/types/
How to prevent gambling addiction: https://oasas.ny.gov/prevention/gambling
The betting strategy list: https://en.wikipedia.org/wiki/Betting_strategy
The top casino review sites: https://www.mypokercoaching.com/best-casino-review-sites/

It is best to equip oneself knowledge on where he is venturing.  So taking a look at those link may be beneficial for us since we might find information that can help us in navigating the World of Online Gambling.
legendary
Activity: 3234
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 18, 2023, 01:13:00 PM
#43
It's not easy to choose a good casino, it's not easy for someone to stop playing while they've made a profit, in most cases people stop playing while they've had a lot of losses and a lot of bad memories, in other words, they stop playing because they no longer have the mental and financial condition. to continue playing. I have seen a lot of tips that people give about casinos, but those people who give these tips on how to choose a good casino or even how to be successful in a casino never show their performance or their success. This has been one of the big questions I've asked people who give tips or advice.

for example, someone creates a thread to warn people about the risk that people take when they come into contact with gambling and they always talk about gambling addiction, but they don't say if they have had any real experience of seeing someone who Have you ever become addicted and how did this person end it, get cured or get worse? All people do is simply give tips without them having practical and concrete experience of what they are giving tips on. when people give tips on how to have good results in games of chance

The people who give such tips on how to be successful in gambling never manage to post any proof that they are successful in gambling, they don't even talk about their experience in gambling, they don't talk about the profits and losses they have already they had and mainly do not talk about how long they have been playing games of chance. I'm not saying that people shouldn't give advice, but that they should do it from their own experience, it makes it easier for other people to listen when there is evidence.
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
September 18, 2023, 12:32:30 PM
#42
-cut-
 Sometime ago, I came across a post where someone raised an issue on how do we know that the casino isn't set to beat us at their own games, unfortunately, you can't tell. but these casinos are governed by different bodies to protect customers right in win win and loss. we still can't tell if this is true though. some thing you can check before getting to bet in some casino.
I am not sure what you mean by this. Casinos are literally set to beat us, that's called house edge, without it casinos wouldn't make any profit. This has existed since casinos have existed and they are very open about it. House edge is small but they are in it for a long run so huge wins are counted into it.

Rest of your advices are pretty good for anyone really, no matter if you are starting or old player.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
September 18, 2023, 12:31:15 PM
#41
Protect Your Privacy, Be extremely cautious with your personal information. Never disclose sensitive data to anyone claiming to be from the casino, as this could be a ploy to steal your funds or identity. Legitimate casinos won't ask for this information upfront.

This is going to be hard when you're asked to do KYC and your're wrong about legit casinos not asking for this information upfront. They usually don't ask for KYC right away because they have so many clients that they wouldn't be able to process so many applications in such a short time, so they sift through them by eliminating people who never won anything and did not try to withdraw.
Your data is at risk every time you do KYC, that's the truth, even if the casino is legit and registered. Many of these sites have database leaks and your documents end up being sold on deep web so that someone somewhere can make a fake ID and get a loan.
legendary
Activity: 2254
Merit: 2003
A Bitcoiner chooses. A slave obeys.
September 18, 2023, 12:24:12 PM
#40
Resist Addiction,Winning can be exhilarating, but it can also be addictive. If you find yourself unable to stop gambling after a few wins, it's time to take a step back. Remember that gambling should never become a primary source of income.
 online gambling can be a fun and potentially rewarding activity when approached with caution and responsibility. Think of it like playing video games, but with the added thrill of potential rewards. Be diligent, protect your privacy, and always gamble responsibly.

Something I would add here is that people who have struggled with other addictions in their life are more at risk to become addicted to gambling than others. It's good to evaluate your life before and see if you have struggled with cigarettes, drugs, alcohol or even gaming. In case you have excessively consumed one of these things it's a good idea to have a close look on your gambling activities. Remain in control of your gambling habit should be the key for anybody with previous issues. Having a fixed set of rules is what helped me the most and be open about your activities to friends and family. Once you start lying to your family it's not far from lying to yourself.

I totally agree. If somebody finds that he has the character of becoming addicted, then that is a sure sign that his dopamine regulation system is genetically flawed when it comes to addictions and therefore works against him. But that does not necessarily mean that that person should avoid addictive things. Rather they should think about a way to keep themselves disciplined enough to follow a set of rules which ensure to lower the risk of becoming addicted. Most people do not bother developing any kind of strategy to fight off addiction though. It can be a lot of work. Most people lack the discipline. Those kinds of people should completely stay away from additive things like drugs, alcohol, smoking or gambling.
hero member
Activity: 2800
Merit: 595
https://www.betcoin.ag
September 18, 2023, 12:16:27 PM
#39

The internet is just too small for someone who knows how to use google. A simple research, they could already find out how long the casino has been operating and its reputation. With the help of the review sites, they will learn about the casinos.

The reputation is easily tainted when it comes to crypto casinos especially with a community like this in bitcointalk where one accusation is proven to be true, the casino will meet its demise in a few months.
hero member
Activity: 798
Merit: 702
September 18, 2023, 11:51:32 AM
#38
Check the Casino's Reputation, Before you jump into any online casino, take some time to research its reputation. Find out if others have used this casino and whether they've been able to successfully withdraw their winnings. A trusted casino should have a track record of fair payouts.

This is a very good way to check out a casino's reputation, but not any more, since everyone company know that when a new customer want to visit their platform and bet with them, they will have to run a small research especially for those who want to bet big on the platform their reputation will really matter a lot to them as a result of this, many casino have now finds a way to manipulate testimonies online, even their reviews can als be false as you can know fine many reviews campaigns everywhere in the internet regarding a particular project where they pay their promoters to give a positive feedback about them in other for them to have good rating and people will think everything writing on the internet is from legit customers.

Unless the review is found somewhere like here, I will always give it a second thought, as there is every tendency that they can manipulate their results, but in this case, not everyone can be paid to keep quiet, and as such, everything about the casino through identity can be reviewed, so if we are talking about using reviews to judge a particular casino, the place of the review should be highly considered.
hero member
Activity: 2996
Merit: 580
Hire Bitcointalk Camp. Manager @ r7promotions.com
September 18, 2023, 11:48:23 AM
#37
Thanks for your tips as it's really gonna be helpful for the new gamblers out there. Because the number one problem that I am seeing with the new gamblers is the choice of the casino where they are ending up having some problems.

Checking the reputation of the casino where they'll gamble should be made before they gamble. It is because the opposite is being done by them, they only ask the community and check the reputation after they've been problematic with those.

The common pattern of new gambler is check for the casino that offers cool bonus > make a deposit > do research regarding the casino once they encounter already the problem.

They only do thorough research about casino reputation once they already have problem. In an event that they choose trusted casino and still encounter problem then they will just read the ToS later to find out the reason why they experience problem.

Newbie mistake is not doing research first or reading terms first before they deposit and play on the casino. Only few newbie will find this thread before they play since they are all excited to play then later on worry about the problem that they will encounter.
That's true and you know where they're getting these casinos and how they're landing to them? Through google search.

It's kind of sad because there are new gamblers that really does that and they only take their time in researching about that casino when they deal with problems as you've said.

But let's just hope that only a few of them or there will be no new gambler that will have that pattern and cycle when they find a casino.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
September 18, 2023, 11:39:28 AM
#36
Gambling is indeed risky, so it's important to exercise caution and responsibility. There are key points to consider to ensure that your gaming experience is safe and enjoyable.

You should verify that the casino is licensed and regulated by a reputable authority; this information is usually available on their website.


I would add as well, that it does not only take to check the website of the casino if order to check whether it is correctly registered or licensed.
Anyone with basic understanding of web design can fake some legitimacy.

In order to go safer when comes to licenses and casinos, it is to learn how to verify the license in the web-page of the entity which issued the license or permission.

It reminds me to one occasion there was a running ponzi scheme, which alleged to e sponsored by very reputable football teams (the ponzi disguised itself using fake sport bets). None of the victims took a minute to check whether those sponsorships were correct...
hero member
Activity: 2856
Merit: 618
Leading Crypto Sports Betting & Casino Platform
September 18, 2023, 11:30:11 AM
#35
What I meant exactly was that scammers may try to contact you calming that they are from that casino and requires you to give them some personal details of which is a scam attempt. You have to be aware of these.

I once had an experience like that at an online casino (not a crypto casino). Coincidentally, I also have an account there. they sent me a message to the cellphone number that I used to register at the casino. they told me about the bonuses that I could claim and they could help me make the claim. I immediately opened an account and there was no notification regarding the previously discussed bonus. I went to support and they warned me not to give account details to anyone.

This kind of fraud may be a classic we have seen, but for those who are experienced, of course, they will not be fooled. but hopefully, new people in the world of gambling will never be fooled by that kind of method.

Since the popularity of the online casino has increased, the scammers have also become active. The reason is that it is easy to scam the gamblers virtually as compare to scamming them physically.

Also the scammers will come up with different ideas, some of those look so real that it is sometime impossible to distinguish between the truth and lie. As you got excited and logged in to check your bonus, other people will also do the same and even if the  scammer can scam 5 our of 100 people, still they will be happy getting free money.
hero member
Activity: 826
Merit: 583
September 18, 2023, 11:20:31 AM
#34
What I meant exactly was that scammers may try to contact you calming that they are from that casino and requires you to give them some personal details of which is a scam attempt. You have to be aware of these.

I once had an experience like that at an online casino (not a crypto casino). Coincidentally, I also have an account there. they sent me a message to the cellphone number that I used to register at the casino. they told me about the bonuses that I could claim and they could help me make the claim. I immediately opened an account and there was no notification regarding the previously discussed bonus. I went to support and they warned me not to give account details to anyone.

This kind of fraud may be a classic we have seen, but for those who are experienced, of course, they will not be fooled. but hopefully, new people in the world of gambling will never be fooled by that kind of method.
hero member
Activity: 3178
Merit: 977
www.Crypto.Games: Multiple coins, multiple games
September 18, 2023, 11:04:05 AM
#33
All the stuff that you suggested is common sense op and nothing really new frankly speaking. You should have suggested one or two tips that most people in this forum aren't aware of.

You forgot to mention that gamblers should check Bitcointalk ANN threads carefully before investing in any crypto gambling site.
hero member
Activity: 2114
Merit: 603
September 18, 2023, 11:03:49 AM
#32
Ahh, we get the fee when we lose on the way. No gambler might have won in the first go including their ROI and profits thereafter. Every one lose first, then they get the lessons and then the real journey starts. Every one start experimenting when they enter the gambling world. Whether it is experimenting the same slot or same live roulette on one casino site or other hundred sites we know very well it works the same yet we experiment and lose along the way. It’s not about that in the OP, it’s about how risky it is. The ways are not explained but in short one can say that it’s experiment, either it is gonna be failed one or success one.
Many times it can also be about luck to be honest. Luck that is calculated based on maths. For example, volatility of the game, how much losses or wins House has gotten, House edge itself and adding your own experience with it. All of this can play crucial role during that “game session”. Better play the games when you are winning and not when you are losing it in a streak.
hero member
Activity: 1918
Merit: 564
September 18, 2023, 10:58:41 AM
#31
You've done more than enough so I appreciate you for that, your information consists of warnings that many people don't want to hear about gambling and it's the truth, someone have to keep creating threads like this one because we keep having new members on the forum from time to time, they need to know, instead of them just rushing into any casino with the hope of making money fast, once they read through such topics they will have the fear and probably do the right things before they get started.

Gambling is no doubt the most risky money play that I know, I have seen so many lives ruined through gambling, something that won't affect the casino itself but the customers, people need to wake up.

I am not saying we should not gamble, I am saying it gets into people's heads the easiest, people easily create fantasies with gambling, like it could come true today or tomorrow, so they will start using all they have to make that dream come true. You did a good job warming people and I will keep doing so too, I have hardly seen anyone having a change of life through gambling, they are all messed up.


In short it is fair to say gamble responsibly.  It is the most effective approach to not ruin our financial status.  With regards to new casinos, we should always check but how?  There are review sites everywhere.  We can check  several review sites and validate by comparing each sites rating on the new casinos.  Besides, we can always test them by depositing small amounts of money that we can afford to lose.  It would be very unfair for new casinos to jump into conclusion that the casino is not a good to play with.  Everyone have to start as a new until they have proven themselves to be reputable.
hero member
Activity: 784
Merit: 672
Top Crypto Casino
September 18, 2023, 10:49:47 AM
#30

Check the Casino's Reputation, Before you jump into any online casino, take some time to research its reputation. Find out if others have used this casino and whether they've been able to successfully withdraw their winnings. A trusted casino should have a track record of fair payouts.

That's a very important thing and some people really doesn't give much importance to it. It's always better to learn about an online casino and gather as much information about it as possible before depositing your funds into it. The ones who have been into online gambling for long time know that the reputed casinos won't ruin their reputation for thousands of dollars. That's why it's always mandatory to research about an online casino before delving into it.


Protect Your Privacy, Be extremely cautious with your personal information. Never disclose sensitive data to anyone claiming to be from the casino, as this could be a ploy to steal your funds or identity. Legitimate casinos won't ask for this information upfront.

Very true, the reputed casinos never ask for personal information when someone registers an account at their site. They may ask for KYC information later on when a gamblers wins a lot and has to withdraw a lot of money from that casino. There have been many cases where third parties have used the name of the casino and called themselves as representatives of that casino in order to steal funds of the players. Those malicious hackers always try to find new ways to manipulate others with various social engineering techniques. Once someone is trapped by them then that user could lose a lot of things by sharing his private information to those hackers.


Set Betting Limits,Avoid the temptation to bet more than you can afford to lose. Set clear limits for yourself, both in terms of time and money. Gambling should be about entertainment, not financial desperation.

It's the most important thing for a gambler. If someone doesn't set limits on their gambling activity then that gambler could face really hard times in future. The ones who doesn't set limits often get addicted to gambling and once someone is addicted to gambling then it will be hard for that user to end that addiction.
hero member
Activity: 1120
Merit: 554
🇵🇭
September 18, 2023, 10:40:32 AM
#29
Thanks for your tips as it's really gonna be helpful for the new gamblers out there. Because the number one problem that I am seeing with the new gamblers is the choice of the casino where they are ending up having some problems.

Checking the reputation of the casino where they'll gamble should be made before they gamble. It is because the opposite is being done by them, they only ask the community and check the reputation after they've been problematic with those.

The common pattern of new gambler is check for the casino that offers cool bonus > make a deposit > do research regarding the casino once they encounter already the problem.

They only do thorough research about casino reputation once they already have problem. In an event that they choose trusted casino and still encounter problem then they will just read the ToS later to find out the reason why they experience problem.

Newbie mistake is not doing research first or reading terms first before they deposit and play on the casino. Only few newbie will find this thread before they play since they are all excited to play then later on worry about the problem that they will encounter.
hero member
Activity: 2926
Merit: 567
September 18, 2023, 10:37:04 AM
#28


Resist Addiction,Winning can be exhilarating, but it can also be addictive. If you find yourself unable to stop gambling after a few wins, it's time to take a step back. Remember that gambling should never become a primary source of income.
 online gambling can be a fun and potentially rewarding activity when approached with caution and responsibility. Think of it like playing video games, but with the added thrill of potential rewards. Be diligent, protect your privacy, and always gamble responsibly.

This is the most important thing, all articles about tutorials or guides about playing in casinos whether online or offline should have a piece about addiction because gambling has a big trap attached to it even if casinos tell us to enjoy playing and promote themselves as entertainment portals, our mindset change once we experience winning.

We have to educate people that winning is natural in gambling but you cannot possibly win all the time, the house always has the edge and for every winner, there are hundreds of losers so you can't beat the house however you try.
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