Topic: Roobet.com | Crypto’s Fastest Growing Casino 🦘 - page 303. (Read 82896 times)

Quote from: Johnyz on July 10, 2021, 06:24:11 AM

Just the other day someone wagered a million dollars on England to beat Denmark, and I think that bet may have won or lost (the game ended in tie but won in overtime so I don't know the situation) which had 700k winning reward, just because you may end up winning that doesn't mean you will keep winning forever, that 700k could be gone with another million dollar bet very easily. Long story short the point of the message was (probably) that only gamble to have fun and for entertainment purposes and not for gambling to earn money.

That bet was a loss as the player gambled on England’s win in regular time, not in overtime.

I can't even imagine how I would feel if I lost a million dollars. But, for a whale, that amount probably doesn't mean much in life. Therefore, the lesson of the story is that you should never gamble more than you can afford to lose.

1 million is really a Huge amount but i remember last US presidential election there is a person that bets 5 million dollars for trump though He losses but yet that's higher than a million bet conducted by this bettor for England .

Is this on a Roobet platform? Is betting already available?
As far as I know this is Roobet thread, I wonder why people are talking gambling on this thread in general. I do made some comment but I think that’s already enough.

Lol just let people talk about what they want to tackle as long as it is gambling related because this is gambling section and there is no specifications for what to post or say.

Quote

If Betting/sports betting will be available on Roobet, this can be a good update, I don’t know though because I’m not updated with Roobet anymore.

you are visiting this thread constantly so i think You are completely updated on what is going on.

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Quote from: Bitinity on July 09, 2021, 07:30:35 PM

Lower stake requirement is better as it can cover all players, so smaller players can participate to get some tickets with small starting balance. What roobet done so far for their lottery is better than most other similar lottery because players need to wager $10 only to get 1 ticket and as per experience from the past lotteries, there were some winners who won the lottery with low number of tickets (under 100).

That's right, I have seen people win with 1 ticket in a lottery with over 20 million tickets total, rare situation but does happens. Plus the house edge is something we already knew when starting and that means roobet has the chance to prove us that the extra house edge they take can be earned back from the extra things they are offering which is why it is so nice.

I personally believe that we should not be looking at what we are doing with not just gambling but with competitions and prizes and so forth as well. That's just how it should be like for roobet, because they are offering extra stuff. As a person who doesn't have too much money and can gamble with only 10-20 bucks then maybe you should not pick here, I would probably not even pick btc to gamble because fee's will eat up all your money, but if you have 100 bucks or over than this place "could" be best if you are lucky.

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Quote from: aysg76 on July 11, 2021, 06:19:41 AM

Quote from: Eureka_07 on July 10, 2021, 01:44:32 PM

Quote from: aysg76 on July 10, 2021, 12:52:45 PM

They can afford to loose that much and that's why they are termed as whales.

I completely disagree with this statement. That is not the reason why they have been called as "whales". As what I just said a while ago, they are those persons who has huge amount of money/asset or anything that they can use to play and gamble on casinos.
The statement has a point though since they can afford to loose lots of money, but that surely isn't the reason why they called as whales.

It Seems that you don't understand my point which was I trying to say if whales can afford to loose it on the other side means they have deep pockets to support them and that's why they are termed as whales.The simple reason is they have huge funds available with them and they don't lose hope even after high losses.

No. It doesn't seem like that dude

As what I just said, your statement has some point since whales has a lot of money they can use and afford to lose on gambling. So in my opinion, I really understand your point.

Quote from: Eureka_07 on July 10, 2021, 01:44:32 PM

I completely disagree with this statement. That is not the reason why they have been called as "whales". As what I just said a while ago, they are those persons who has huge amount of money/asset or anything that they can use to play and gamble on casinos.
The statement has a point though since they can afford to loose lots of money, but that surely isn't the reason why they called as whales.

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Quote from: seleme on July 10, 2021, 05:58:54 PM

I am sure the streamers will win on every single raffle because of million-dollar wagers every day, they get unlimited reloads on btc,eth,ltc balances

Not sure if streamers are eligible to participate in promotions or not, but what's for sure is that the terms of the competition guarantee that streamers won't have any advantage over other players since sponsored funds do not count. This way, all players stand the same chance of winning:

Quote from: https://roobet.com/75k-splash

Other Terms
Sponsored funds will not reward tickets for the promotion.

Besides, and correct me if am wrong but I don't remember seeing any of the known streamers winning any of the past promotions. So, this is not something to worry about

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Quote from: Eureka_07 on July 10, 2021, 01:44:32 PM

Quote from: aysg76 on July 10, 2021, 12:52:45 PM

They can afford to loose that much and that's why they are termed as whales.

I completely disagree with this statement. That is not the reason why they have been called as "whales". As what I just said a while ago, they are those persons who has huge amount of money/asset or anything that they can use to play and gamble on casinos.
The statement has a point though since they can afford to loose lots of money, but that surely isn't the reason why they called as whales.

It Seems that you don't understand my point which was I trying to say if whales can afford to loose it on the other side means they have deep pockets to support them and that's why they are termed as whales.The simple reason is they have huge funds available with them and they don't lose hope even after high losses.

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Quote from: ultrloa on July 09, 2021, 07:26:53 PM

Quote from: seleme on July 09, 2021, 05:58:53 PM

Quote from: Strongkored on July 08, 2021, 06:59:27 AM

Quote from: Raflesia on July 10, 2021, 12:14:31 PM

I have to make approx 100 bets to win 20/30 bets; So if you can't effort $10, how will you be an active gambler & how will you be able to acquire your ROI by wagering!
Yes, gambling is entertainment but if there is no winning/profit then there is no entertainment by losing money. as much as you can effort as much as you will get chance of winning.
So, for getting $5000 lucky winning chance, $10 is not a big deal at all.

Well, it's also very depend on the player's bankroll, if they only have a small amount then $10 will be a problem because it's impossible to only have $100 and the wager is $10, because I have experienced has been more than 40x losing streak.
And also the $10 wager is to get a lottery ticket, which means you don't necessarily win, so I think those who play are those who are used to betting like that, not betting that amount to get a lottery ticket, so that's the money they can afford to lose

The higher stake requirements to get a ticket is better if you ask me because of the competition with high-rollers. Unless the Roobet team excludes streamers, the chances are slim to win the giveaway.

I don't know if they will exclude the streamers to the competition since they will be a good addition interms n marketinf aspects and theh could hype up this so I expect that they are a valid participant, but we shouldn't worried about that since even if they join they still similar chance to us and may the luckiest person win so good luck to all of the participants.

I am sure the streamers will win on every single raffle because of million-dollar wagers every day, they get unlimited reloads on btc,eth,ltc balances. If you watch publicly well-known Twitch streamers, they get $30000 on each currency when they bust it all, imagine getting thousands of tickets and not winning a raffle while your competitors have an average $1000 deposit ratio.

After checking the rules, I was sure the sponsored funds are not eligible for giveaway. I am still curious in what world Xposed(Codeman) wins the raffles, he is the face of Roobet promo but the tickets he get with unlimited refills decreases the chances for other participants.

DoublerHunter

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Quote from: DoublerHunter on July 10, 2021, 09:05:46 AM

^ Thank you for the clarification and now I know that there are called "whales" in gambling, I thought before only on trading exchange there are and now even here in the gambling industry have also whale. This means that Roobet has a big improvement because they had big players or whales playing, which means they are worth it to trust with a huge fund. Nevertheless, no doubt on Roobet implementing KYC is worth it because if they don't, players like this will always be suspected of money laundering or any illegal activity that is related to finance.

Maybe it's been a long time since whales have been in gambling, only I'm not aware of their blatant winnings but I think we know by winning a lot of jackpots it can be called whales too.

I also think the reason roobet implements the KYC system is because there are many whales in it so that with KYC no one is suspected after many big wins, I know that what I'm afraid of is money laundering everywhere and if this is not implemented what will happen will definitely freeze account that will be done by Roobet.

^ Definitely right regarding the KYC part, it was clear now that this is a part of a legitimate gambling site that has a KYC, even how many whales will play they are still safe and no one will suspect you about the fund because you are playing here it means you have submitted your data information and others. Nevertheless before, the whole thought as know is that they are big players, not whales.

Eureka_07

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Quote from: aysg76 on July 10, 2021, 12:52:45 PM

They can afford to loose that much and that's why they are termed as whales.

I completely disagree with this statement. That is not the reason why they have been called as "whales". As what I just said a while ago, they are those persons who has huge amount of money/asset or anything that they can use to play and gamble on casinos.
The statement has a point though since they can afford to loose lots of money, but that surely isn't the reason why they called as whales.

aysg76

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Quote from: Stalker22 on July 10, 2021, 05:29:25 AM

Quote from: DoublerHunter on July 10, 2021, 09:05:46 AM

Just the other day someone wagered a million dollars on England to beat Denmark, and I think that bet may have won or lost (the game ended in tie but won in overtime so I don't know the situation) which had 700k winning reward, just because you may end up winning that doesn't mean you will keep winning forever, that 700k could be gone with another million dollar bet very easily. Long story short the point of the message was (probably) that only gamble to have fun and for entertainment purposes and not for gambling to earn money.

That bet was a loss as the player gambled on England’s win in regular time, not in overtime.

I can't even imagine how I would feel if I lost a million dollars. But, for a whale, that amount probably doesn't mean much in life. Therefore, the lesson of the story is that you should never gamble more than you can afford to lose.

Losing that much amount is still very bad feeling even if you are whale player because you can ignore normal loss but if you have gone out it would really hurt for sometime but whales still bet and cover their losses and keep on playing with same pace and betting million agains.They can afford to loose that much and that's why they are termed as whales.

Eureka_07

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^ Thank you for the clarification and now I know that there are called "whales" in gambling, I thought before only on trading exchange there are and now even here in the gambling industry have also whale. This means that Roobet has a big improvement because they had big players or whales playing, which means they are worth it to trust with a huge fund. Nevertheless, no doubt on Roobet implementing KYC is worth it because if they don't, players like this will always be suspected of money laundering or any illegal activity that is related to finance.

I'm quite sure the term "whale" is used as the same meaning to holding/trading/transferring/gambling with the use of bitcoin or any other cryptocurrencies, or just fiat currency. The reason they've been coined as "whales" is because they have a lot of money. They're huge. It's a personification IMO.

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Quote from: DoublerHunter on July 10, 2021, 09:05:46 AM

^ Thank you for the clarification and now I know that there are called "whales" in gambling, I thought before only on trading exchange there are and now even here in the gambling industry have also whale. This means that Roobet has a big improvement because they had big players or whales playing, which means they are worth it to trust with a huge fund. Nevertheless, no doubt on Roobet implementing KYC is worth it because if they don't, players like this will always be suspected of money laundering or any illegal activity that is related to finance.

Maybe it's been a long time since whales have been in gambling, only I'm not aware of their blatant winnings but I think we know by winning a lot of jackpots it can be called whales too.

I also think the reason roobet implements the KYC system is because there are many whales in it so that with KYC no one is suspected after many big wins, I know that what I'm afraid of is money laundering everywhere and if this is not implemented what will happen will definitely freeze account that will be done by Roobet.

DoublerHunter

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Quote from: Lakai01 on July 09, 2021, 07:01:54 AM

Quote from: DoublerHunter on July 09, 2021, 04:34:30 AM

^ Whale? I thought we can hear whale is on the trading market only not here on the gambling, is there they had something to manipulate?
Sorry but this is something new to me now, or probably let us called them a big player, not just a whale.
-snip-

The term "whale" for a high roller has been around for a very long time, "back in the day" when Bustadice was launched and people promptly bet BTC in triple digits, they were already referred to as whales in chat. Nevertheless it fits in my opinion quite well, who could otherwise afford such high bet amounts if not a BTC whale.

^ Thank you for the clarification and now I know that there are called "whales" in gambling, I thought before only on trading exchange there are and now even here in the gambling industry have also whale. This means that Roobet has a big improvement because they had big players or whales playing, which means they are worth it to trust with a huge fund. Nevertheless, no doubt on Roobet implementing KYC is worth it because if they don't, players like this will always be suspected of money laundering or any illegal activity that is related to finance.

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Quote from: Stalker22 on July 10, 2021, 05:29:25 AM

Just the other day someone wagered a million dollars on England to beat Denmark, and I think that bet may have won or lost (the game ended in tie but won in overtime so I don't know the situation) which had 700k winning reward, just because you may end up winning that doesn't mean you will keep winning forever, that 700k could be gone with another million dollar bet very easily. Long story short the point of the message was (probably) that only gamble to have fun and for entertainment purposes and not for gambling to earn money.

That bet was a loss as the player gambled on England’s win in regular time, not in overtime.

I can't even imagine how I would feel if I lost a million dollars. But, for a whale, that amount probably doesn't mean much in life. Therefore, the lesson of the story is that you should never gamble more than you can afford to lose.

Is this on a Roobet platform? Is betting already available?
As far as I know this is Roobet thread, I wonder why people are talking gambling on this thread in general. I do made some comment but I think that’s already enough.

If Betting/sports betting will be available on Roobet, this can be a good update, I don’t know though because I’m not updated with Roobet anymore.

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Just the other day someone wagered a million dollars on England to beat Denmark, and I think that bet may have won or lost (the game ended in tie but won in overtime so I don't know the situation) which had 700k winning reward, just because you may end up winning that doesn't mean you will keep winning forever, that 700k could be gone with another million dollar bet very easily. Long story short the point of the message was (probably) that only gamble to have fun and for entertainment purposes and not for gambling to earn money.

That bet was a loss as the player gambled on England’s win in regular time, not in overtime.

I can't even imagine how I would feel if I lost a million dollars. But, for a whale, that amount probably doesn't mean much in life. Therefore, the lesson of the story is that you should never gamble more than you can afford to lose.

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Quote from: aysg76 on July 08, 2021, 11:29:10 AM

Quote from: stomachgrowls on July 07, 2021, 03:09:52 PM

Just dont anticipate that much because it would just simply frustrate you if you do expect that high even your tickets doesnt even reach out 1% compared to others.

If you do make a hit then thats purely luck and ive seen several times too about these kind of scenario.

When our expectations don't match with our goals then it could certainly cause feeling of frustration not only in gambling but in other fields also.But we need to keep in mind that we don't need to stop dreaming about our goals and work towards them inspite of the fact how many times we suffer loss.

That sounds stupid mate , Reaching Goal towards gambling ? since then that this was a dream ? aside from Lottery betting i believe that casino playing is never to become a dream instead this is nightmare.

I believe what the point is that when gambling there is a mathematical disadvantage that will cause you to lose money no matter what, and that should be enough reason for anyone to not gamble for money but to gamble for fun. If you are gambling for just money and keep trying to earn more and more, even if you get lucky once or twice, that doesn't mean that you will keep winning.

Just the other day someone wagered a million dollars on England to beat Denmark, and I think that bet may have won or lost (the game ended in tie but won in overtime so I don't know the situation) which had 700k winning reward, just because you may end up winning that doesn't mean you will keep winning forever, that 700k could be gone with another million dollar bet very easily. Long story short the point of the message was (probably) that only gamble to have fun and for entertainment purposes and not for gambling to earn money.

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Quote from: seleme on July 09, 2021, 05:58:53 PM

Quote from: Strongkored on July 08, 2021, 06:59:27 AM

Quote from: seleme on July 09, 2021, 05:58:53 PM

I have to make approx 100 bets to win 20/30 bets; So if you can't effort $10, how will you be an active gambler & how will you be able to acquire your ROI by wagering!
Yes, gambling is entertainment but if there is no winning/profit then there is no entertainment by losing money. as much as you can effort as much as you will get chance of winning.
So, for getting $5000 lucky winning chance, $10 is not a big deal at all.

Well, it's also very depend on the player's bankroll, if they only have a small amount then $10 will be a problem because it's impossible to only have $100 and the wager is $10, because I have experienced has been more than 40x losing streak.
And also the $10 wager is to get a lottery ticket, which means you don't necessarily win, so I think those who play are those who are used to betting like that, not betting that amount to get a lottery ticket, so that's the money they can afford to lose

The higher stake requirements to get a ticket is better if you ask me because of the competition with high-rollers. Unless the Roobet team excludes streamers, the chances are slim to win the giveaway. Btw, with the 3% house edge on original Roobet house games, we need $30 to wager $1000, this edge is around 1% on alternative gambling platforms.

Lower stake requirement is better as it can cover all players, so smaller players can participate to get some tickets with small starting balance. What roobet done so far for their lottery is better than most other similar lottery because players need to wager $10 only to get 1 ticket and as per experience from the past lotteries, there were some winners who won the lottery with low number of tickets (under 100).

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Quote from: Strongkored on July 08, 2021, 06:59:27 AM

Quote from: Strongkored on July 08, 2021, 06:59:27 AM

I have to make approx 100 bets to win 20/30 bets; So if you can't effort $10, how will you be an active gambler & how will you be able to acquire your ROI by wagering!
Yes, gambling is entertainment but if there is no winning/profit then there is no entertainment by losing money. as much as you can effort as much as you will get chance of winning.
So, for getting $5000 lucky winning chance, $10 is not a big deal at all.

Well, it's also very depend on the player's bankroll, if they only have a small amount then $10 will be a problem because it's impossible to only have $100 and the wager is $10, because I have experienced has been more than 40x losing streak.
And also the $10 wager is to get a lottery ticket, which means you don't necessarily win, so I think those who play are those who are used to betting like that, not betting that amount to get a lottery ticket, so that's the money they can afford to lose

The higher stake requirements to get a ticket is better if you ask me because of the competition with high-rollers. Unless the Roobet team excludes streamers, the chances are slim to win the giveaway.

I don't know if they will exclude the streamers to the competition since they will be a good addition interms n marketinf aspects and theh could hype up this so I expect that they are a valid participant, but we shouldn't worried about that since even if they join they still similar chance to us and may the luckiest person win so good luck to all of the participants.

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Quote from: tygeade on July 09, 2021, 08:09:23 AM

I have to make approx 100 bets to win 20/30 bets; So if you can't effort $10, how will you be an active gambler & how will you be able to acquire your ROI by wagering!
Yes, gambling is entertainment but if there is no winning/profit then there is no entertainment by losing money. as much as you can effort as much as you will get chance of winning.
So, for getting $5000 lucky winning chance, $10 is not a big deal at all.

Well, it's also very depend on the player's bankroll, if they only have a small amount then $10 will be a problem because it's impossible to only have $100 and the wager is $10, because I have experienced has been more than 40x losing streak.
And also the $10 wager is to get a lottery ticket, which means you don't necessarily win, so I think those who play are those who are used to betting like that, not betting that amount to get a lottery ticket, so that's the money they can afford to lose

The higher stake requirements to get a ticket is better if you ask me because of the competition with high-rollers. Unless the Roobet team excludes streamers, the chances are slim to win the giveaway. Btw, with the 3% house edge on original Roobet house games, we need $30 to wager $1000, this edge is around 1% on alternative gambling platforms. I will continue to gamble on Roobet platform but hopefully Roobet team will pay attention to the suggestion-opinions of forum users and fix the gaps explained on the thread.

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All I wanted to say was keep gambling the way you always do, and change the way without changing the amount if you have to get some tickets (emphasis on not the amount) and then you can get some tickets, even if it is very few tickets if you can get it then it is fine. At the end of the day the whole point comes down to everyone has a very tiny chance to win, even the people with a lot of tickets do not have a sure thing to win it neither.

I also want to keep what I do in gambling, there is no need to target something that is sure to lose a lot of money and high risk, well I think every player is always different, which is what you want if you have a big contest if they are happy they will definitely follow suit. bets that have been minimized with such a tight competition and will not necessarily be a greater fortune, but in the case of course it is risky but every love they will surely do is like a whale placing a big bet.

Roobet has provided a lot of tournaments, contests, art, and other content just want to expand it more and it's already big, it's endless for sure every season there will be tournaments that are held regularly

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That sounds stupid mate , Reaching Goal towards gambling ? since then that this was a dream ? aside from Lottery betting i believe that casino playing is never to become a dream instead this is nightmare.

Every player is gambling with hope of win and he is aware about the fact that there is win/loss probability but still he always have a hope for win every time and want to earn huge amounts in gambling and become rich with this method.Seeing others win huge on casinos they also have a dream for the same.

Looks like you must need to explain this more . we can't even understand what you are saying here.

You need to say "i' don't understand because I have not explained any technical term and was Just saying that keep playing if you wish to do so but don't become too rigid in gambling or addict that in hope of winning you start placing bets that you can't afford to loose.