Topic: Questions of the day for gamblers (Read 822 times)

For some bets such as football matches, for example, it can be predicted from the way they play, the record of meetings and the difference in quality of the two clubs that will compete, it looks easy but not as easy as one might imagine, luck is still attached to the bet. It's different with slot games, for example, I believe it's real luck, because technically or skill, what is the skill in slot games? I personally did not find any form of skill related to the game.
In general, I say luck-based gambling, although maybe in some bets you have to have knowledge of the games you are betting on, such as sports betting.

It's the risk of submitting a KYC on a casino. They have your data now and you will just hope that they won't be hacked or someone pull your data from the casino. There are casino who are using third party companies that collect KYC and store it for them. I don't really trust those company since if a hacker wants to get an information of the masses, it's obvious that the hacker will be targeting a KYC collector or let's say KYC Bank. Majority of the gamblers doesn't want KYC or even submit it but on our today time, It's inevitable unless you will place on a decentralized casino.

Our objective is to make more money from our bets. Gambling is never difficult because it is unpredictable and most of the time meets our analysis. Gambling and luck go hand in hand; sometimes we get lucky, and sometimes we don't. Although it worked for the majority of gamblers in the system, luck is an overstated statement. I don't believe in luck because complicated study is done for the analytical operation for each game I bet on; sometimes my predictions are true, sometimes they aren't, therefore it's understandable to know each portion of gambling stages.

Ensuring the security of personal data is a complex issue, and it is unlikely that any casino will be able to provide it fully. Another problem associated with KYC is the possibility of providing player data to the tax authorities at their request. And the main problem is that anyone who gets access to the player's data will have an idea of his income and use this information for not always righteous purposes.

I see people on certain social networks making videos playing slots games and sometimes they win a lot of money so with these types of videos they create the illusion that it is possible to win a lot of money with slot games, but in reality it is that these people are sponsored by casinos or so they put these videos to earn money with views, and until today I still haven't seen anyone saying that he is a professional slot player and that I made a living from it, but when you look into the people who won the most in gambling of all time, you see who are people who have been lucky in games of chance who depend on luck

so these slot games, roulettes, dice, lottery and so many others that depend on luck are the games that when you win the maximum prize you become rich, for this reason that many people spend many hours and money playing them, because Deep down, people want to win many millions of dollars to go down in history, they don't want to earn little or play just for fun. some people even keep saying that they are playing for fun, but they are kidding themselves, they spend many hours playing and are not satisfied with winning little money and that is why they continue playing, of course, as long as they have a lot of money to spend and it does not harm them in real life so I don't see a problem with continuing to play a lot

I think this one is pretty much valid argument. Most customers are aware and worried about house edge in casinos. Although there is no better operational method to follow for casinos so they can give money and keep on profiting. I think casinos should be lot more transparent on such issues that are worrying. They should probably be open with budget and inventory so customers will feel safe and also gonna see through their disadvantages.

I am not really that good at slots, so I can only answer this question from the sidelines. My first slot game I played when I was 14 years old, and for the last 3-4 years I play online slots regularly. Even with hundreds hours spent on the machines I never managed to win a big jackpot. I do get wins from time to time, but never a really big win. In my opinion beating a jackpot doesn't come down to skill, it's mostly luck based. Sure there are some skills like only playing on games that already have a big jackpot or stick to one type of machine that have a higher chance of giving free spins, but we can't really affect our chances of winning. That's why I don't think that there are professional gamblers that only stick to slots. More pros can be found at the blackjack or roulette tables.

A gambler basically has no issues if the platform asking for KYC is a trusted and reputable one since they would know that their information and personal documents will stay safe with them and since they like the platform, they wouldn't think of changing it, such customers will simply do KYC or fulfill any other requirement that the platform might put in front of them.

An example of that would be that if I'm gambling with Stake, I like the platform, I love their games and I adore how they take care of their customers, I never face issues when depositing money or when withdrawing my funds, after all that, I would obviously not mind doing KYC with them. On the other hand, if the platform is new and has a lot of issues with all the things I've mentioned above, I would probably think of going somewhere else instead of providing them with my personal details and documents.

Their customers can stay in the casino, but they have to submit documents for KYC purposes or the customer can look for other casinos that do not apply the rules as strictly as that casino. And I think some customers still want to stay and play gambling at the casino even though they are asked to do KYC by the casino because there is a request from the government.

And it's better for a casino that still has many members and, on average, its members are willing to do KYC to pay attention to the security of their customer's data because that is about the trust that customers have given to the casino. If the casino can do that, I think it can attract new customers who want to play gambling at the casino even though they will be asked to do KYC too.

Nothing that they can do as they needed to comply with the government rules in order to continue doing business from that jurisdictions, as even they wanted to keep their clients but in terms of submitting KYC some of their clients may not agree to engage with it and not willing to entrust their private details.

Leaving the casino is the only option and there's nothing that the owner can do to keep them but instead to let them
for the sake of their business.

That is why we have seen the government impose its will on most businesses, and even now, the government is tightening its rules on exchange. This makes business owners think about finding a win-win solution for themselves, the government and their customers. But unfortunately, in reality, business owners sacrifice their customers by obeying the government because business owners also cannot do anything against the government's will. There are many reasons put forward by interests, whether for economic or even for individual reasons, that handle case by case. And maybe it will get even tighter when crypto explodes again.

It's true the government is doing the right thing, but we won't know if it is from the government or from the people who work in the government. There may be people who want to use the regulation for their personal gain, so they act on behalf of the government. It happens in the real world, and I think it also happens in the online world, especially when it happens in the online world, it will be related to millions of dollars. And the gambling business that the government handles is no longer a local business but is already in touch with international businesses, which will provide even greater money.

The government knows alots of illegal activities might be going on in those crypto casinos because they're not regulated, we have lots of money launders making use of casino to wash and clean their money and if this casinos aren't regulated, they can't be questioned.

When the casinos get regulated, the owners becomes more scared and leave the illegal businesses they're operating with the casino. Online casino are just like the traditional casino that illegal people and businesses use to clean or wash their illegal money.

The government in this cases are only doing the right thing. Alot of casino are getting illegal funding which are drug money and other illegal money. And they can simple say those are profits from the casino and go free without investigation if they're not regulated.

Everything even has a technique that can be learned. Even though gambling is synonymous with luck, not everything is based on luck. Like betting on football, you can analyze the players and determine who will win the match. Experience is of course also important, because it will give alerts about what to do with certain types of bets.

All games are centralized because to be a decentralized project the community should be able to access to the code and make it better, but the fact that they are centralized doesn't mean they are not provably fair.
Yes, they do it to move the RTP, and that' fair because the RTP is public information, so, I don't feel they are cheating at all with a move like this.
It means that we have luck in that kind of game, but is impossible to be good at random processes.
I like to play all the games, poker, sport bets, slots, live casino... I gamble to have funs in different ways, not with the focus of making money.

According to me casinos can be of two types decentralized and centralized, I have seen several types of casino like Lucky Block Casino , BC.Game these are one of the best decentralised gambling platforms. And I think that as gambling or casinos decentralise, so will their games.

Countries where gambling is legal have certain rules and regulations for casinos by their governments, and their games are certified by various organizations. Therefore, it is better to gamble in casinos that have certificates or licenses from these authorities.
To say that everything in our life is dependent on luck, so this applies even more to gambling. But here are some skills or experience facts that will help you many times in gambling. But luck is the first consideration in gambling. And dice are the easiest casino games for me. I find them very easy and don't take long to understand or learn.

Most times when I visit an online casino I don't have any preferred  game as I always like to try out new things and I wouldn't have to play with peace of mind on any casino that seems to regulate their own games because I will always have the thought that they might be running some shits behind close doors and naturally I've always have the thought that tye games on casinos are always structured to have more house edge over the players and this alone makes not to be a fan of slot games.
But generally  I don't think any reputable casino would want to cheat a player not when its a small  amount.

They will do everything that the law gives them every right that they can apply to force the owners to follow or to obey whatever they wanted to implement, and I follow you with your sentiment that government can do that as they are vindicated by law with their jurisdiction better to prepare yourself in case, they will ask for each gamblers KYC as casino or exchange can't do anything to avoid it or not follow that rules.

They will be forced to push this information to continue renewing their permits, nothing but to completely obey what the government order them to implement.

Indeed, currently, there are no regulations in place, but we as gamblers must also be prepared if, one day, the government asks decentralized casinos to ask their members to do KYC. We know that the government can do whatever is according to its plans, even if it can easily suppress casinos and exchanges. Even governments can kick those casinos or exchanges off their lists.

When the online gambling business, especially crypto casinos, becomes more and more popular than now, the government is bound to come and hunt them down. The government only wants to control the place but can't control crypto, so they do things like that to find out the people who play crypto.

Online gambling sites are only third parties as providers of places for gambling players, which provide slot games are the big companies below;
-Yggdrasil Gaming
-NetEnt
-Pragmatic
-Play'n go
-microgaming
-etc....
so you don't need to worry about "probably fair" on the gambling site.

i'm not lucky enough when playing slots so i can't comment further on slot games ^{(i prefer to bet in a sportsbook)} but from what i've noticed slot games are purely relying on luck. 

For now, there are no rules and regulations imposed by authorities over decentralized casinos or any other decentralized platforms, so there is no need for KYC at the moment for decentralized casinos, and if they ask for it, it simply means that they are just collecting their users' personal information that they may even misuse.

Authorities will surely start hunting down decentralized platforms as well as soon as they start getting significant success and people from everywhere start using them, but for now, there isn't much popularity for decentralized platforms.