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Topic: Simple way to earn Bitcoins through Gambling and Casino games. - page 2. (Read 1273 times)

legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
You can't earn money from casinos over time. It is statistically proven that you will lose. Can you have some big wins here and there? Of course, but eventually you will lose your money simply because the casino has an edge over you. Wink
hero member
Activity: 2548
Merit: 572
#SWGT CERTIK Audited
There is many way in earning bitcoin here in bitcointalk like in signature campaign. But now my friend told about gambling section and I think this is more easy and you can win upon playing and betting in short you will do gambling. But unlike in signature campaign,gambling is more risky investment or game.
Everything that we need to use money for capital is something risky. But actually gambling can give you bonus which is something that can make your adrenaline pumped up and get some fun from it.  Grin
full member
Activity: 212
Merit: 100
Gric Coin - Redefining Agriculture and Increasing
In the event that you are hunting down a straightforward approach to gain Bitcoins on the web, you may take a stab at betting. Be that as it may, while it may appear to you as pain free income, gaming has various dangers which should be considered. In the accompanying article, we have laid out for you a few sites worth looking at while experimenting with your good fortune: Bitcoin Gambling. We don't ensure that you win, which is the reason we emphatically prescribe you to play just on the off chance that you have some underlying funding to spend. Then again, who knows, possibly you will luck out and increase your crypto.
There's no way earning profit from gambling would be easy. Just think of how big the gap is between those who are winning and those who are not. Surely, there's only few who are lucky enough to be winning often in any gambling game either online or actual. That's just what makes gambling, gambling itself, meaning, there will be no way for a player to control the outcome to be in favor of him. It is a pure luck-based activity and if you are lucky, you are lucky. That's how gambling works. What's my point? gambling should not be considered as a way to consider in order to earn profit or bitcoin perhaps, because there's a bigger chance to lose than to win, just correct me if I'm wrong.
I am into gambling but I somewhat manage not losing that much that's because I am gambling for fun and not for profit. Also, I am satisfied with the promotions that the gambling sites these days are giving to their players which is for me, enough, in order for a player to maximize his experience in gambling especially if he is just a casual gamer but if not, surely, it will just drive him into more, making him more prone into losing due to the factors of addiction.
I do agree with the idea that it should not be an advisable thing if an individual is finding a way to earn bitcoin. But did you have any thought of becoming rich through gambling?
Believe it or not, I did really had an idea before, that is why I have lost thousands of dollars in casinos way back years ago. It really gave me frustrations particularly with the feeling of "almost having it" . That's how dangerous gambling is. As much as you are experiencing a little win, you won't surely stop until your last dime. But eversince the era of online gambling particularly with the involvement of cryptosystem and block chain technology, I kept in mind what gambling really is which is a n activity created for entertainment and not for people to stress out whenever they are losing.
newbie
Activity: 31
Merit: 0
In the event that you are hunting down a straightforward approach to gain Bitcoins on the web, you may take a stab at betting. Be that as it may, while it may appear to you as pain free income, gaming has various dangers which should be considered. In the accompanying article, we have laid out for you a few sites worth looking at while experimenting with your good fortune: Bitcoin Gambling. We don't ensure that you win, which is the reason we emphatically prescribe you to play just on the off chance that you have some underlying funding to spend. Then again, who knows, possibly you will luck out and increase your crypto.
There's no way earning profit from gambling would be easy. Just think of how big the gap is between those who are winning and those who are not. Surely, there's only few who are lucky enough to be winning often in any gambling game either online or actual. That's just what makes gambling, gambling itself, meaning, there will be no way for a player to control the outcome to be in favor of him. It is a pure luck-based activity and if you are lucky, you are lucky. That's how gambling works. What's my point? gambling should not be considered as a way to consider in order to earn profit or bitcoin perhaps, because there's a bigger chance to lose than to win, just correct me if I'm wrong.
I am into gambling but I somewhat manage not losing that much that's because I am gambling for fun and not for profit. Also, I am satisfied with the promotions that the gambling sites these days are giving to their players which is for me, enough, in order for a player to maximize his experience in gambling especially if he is just a casual gamer but if not, surely, it will just drive him into more, making him more prone into losing due to the factors of addiction.
I do agree with the idea that it should not be an advisable thing if an individual is finding a way to earn bitcoin. But did you have any thought of becoming rich through gambling?
full member
Activity: 212
Merit: 100
Gric Coin - Redefining Agriculture and Increasing
In the event that you are hunting down a straightforward approach to gain Bitcoins on the web, you may take a stab at betting. Be that as it may, while it may appear to you as pain free income, gaming has various dangers which should be considered. In the accompanying article, we have laid out for you a few sites worth looking at while experimenting with your good fortune: Bitcoin Gambling. We don't ensure that you win, which is the reason we emphatically prescribe you to play just on the off chance that you have some underlying funding to spend. Then again, who knows, possibly you will luck out and increase your crypto.
There's no way earning profit from gambling would be easy. Just think of how big the gap is between those who are winning and those who are not. Surely, there's only few who are lucky enough to be winning often in any gambling game either online or actual. That's just what makes gambling, gambling itself, meaning, there will be no way for a player to control the outcome to be in favor of him. It is a pure luck-based activity and if you are lucky, you are lucky. That's how gambling works. What's my point? gambling should not be considered as a way to consider in order to earn profit or bitcoin perhaps, because there's a bigger chance to lose than to win, just correct me if I'm wrong.
I am into gambling but I somewhat manage not losing that much that's because I am gambling for fun and not for profit. Also, I am satisfied with the promotions that the gambling sites these days are giving to their players which is for me, enough, in order for a player to maximize his experience in gambling especially if he is just a casual gamer but if not, surely, it will just drive him into more, making him more prone into losing due to the factors of addiction.
sr. member
Activity: 2590
Merit: 322
SOL.BIOKRIPT.COM
I don't have the gut to gamble because of fear and the risk involved that is why I averse gambling but I prefers trading or binary options which I feel is more rewarding and requires training and is not like a 50:50 chance of winning or losing associated with gambling of course this is matter of choice and I gave kudos to gamblers who are profitable.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
Even investing into house edge and bankroll of a casino seems dangerous these days, there has been a lot of talks of casinos scamming their investors for bigger profits as well. There was some casino ICO's as well that didn't turn out like people wanted so they are upset over the lost coins too. I mean when you look at being house edge (house always wins) looking dangerous you need to be really crazy to consider betting to make money.

If the people with house edge on their side is still getting scammed over what makes one person think they could make money AGAINST the house edge. It is just a way of spending money to have great time and if you know what you are doing or at least enjoy gambling to a point you can spend money on it than go ahead do it, I have been gambling on crypto for over 5 years and my first ever bet was on satoshidice when you had to wait for the block but I still know I am not going to make money I just do it for fun.
legendary
Activity: 3304
Merit: 3094
In the event that you are hunting down a straightforward approach to gain Bitcoins on the web, you may take a stab at betting. Be that as it may, while it may appear to you as pain free income, gaming has various dangers which should be considered. In the accompanying article, we have laid out for you a few sites worth looking at while experimenting with your good fortune: Bitcoin Gambling. We don't ensure that you win, which is the reason we emphatically prescribe you to play just on the off chance that you have some underlying funding to spend. Then again, who knows, possibly you will luck out and increase your crypto.

At the end is Gambling what we are talking about, you can lose or win. It has a risk and the golden rule is 'never bet with money that you do not afford to lose'. But you can play by the smart way, you can use some betting methods, like martingale where you double the bet each time you lose until win.

My fav way to bet is in poker, wait for the right hand and all in, but not always work.
legendary
Activity: 1834
Merit: 1008
the only way to earn gambling is to own a casino Smiley
there are no simple ways to earn through gambling, the chosen ones who make their living gambling are exceptionally good cappers
and they bet on sports or play big stakes, but that doesn't mean that your average joe can make living gambling
the house edge is there for a reason,  1%+ HE adds up , add to that bad bankroll management and under par skills
and you get the picture, the vast majority of people lose way more than the house edge figures when they gamble
I myself prefer to invest in casinos rather than gambling, this way you are gambling with math on your side, for a change

Actually if you have enough bankroll to cover some of the loss then may be it is possible to get money on it. May be it is only 1% that gambling site that broke, most of them are still successful. But still there is a risk to opening a gambling site. So I can suggest if you are going to get profit then it must be a sport betting which depends more on your analysis or may be skill based games which depends on yourselves. These is pretty simple game to have when it comes to profit
legendary
Activity: 2016
Merit: 1106
the only way to earn gambling is to own a casino Smiley
there are no simple ways to earn through gambling, the chosen ones who make their living gambling are exceptionally good cappers
and they bet on sports or play big stakes, but that doesn't mean that your average joe can make living gambling
the house edge is there for a reason,  1%+ HE adds up , add to that bad bankroll management and under par skills
and you get the picture, the vast majority of people lose way more than the house edge figures when they gamble
I myself prefer to invest in casinos rather than gambling, this way you are gambling with math on your side, for a change
legendary
Activity: 2282
Merit: 2196
Signature space for rent
Really there is no simple way to earn whatever its Gambling or Casino games. Everyone here to earn, no one want to loss. Suppose all casino or gambling website are came here to earn, not for loss. At the same time we join them to earn, someone earning good and someone losing. I can't see any simple way to earn bitcoin. Actually there is no pain free income. Once you are investing pain is involved there automatically. I think Gambling and Casino games some times depend on luck. If there is any tricks or something like that then everyone will millionaire. But unfortunately I think most of peoples are ion loss on Gambling and Casino games. That's just my opinion, may be few peoples play well and they are gainer.     
newbie
Activity: 4
Merit: 0
There are a lot of online casinos, that accepts BTC but you have to choose wisely, bcz a lot of them are a scam, so I recommend you to look at some legit reviews first:  https://casino.guru/top-online-casinos-2018/bitcoin-cryptocurrency#tab=RECOMMENDED And they are offering some pretty nice bonuses, so you can win even more.
full member
Activity: 308
Merit: 100
gambling is a pure luck. you may win or lose. that depends upon your luck. earning a steady income through gambling is not the right way.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
You'll be okay if you do your research and play 1% of your bankroll per bet. Good luck!

I don't know whether your strategy works with sports bets because I have little experience with them and that was long time ago, but I do know that it is definitely not working with dice.

Say your bankroll is 0.1 BTC and your initial bet is 0.001 BTC, which is 1% of the bankroll. It will take only 7 reds in a row playing martingale with 49.50% win chance to lose all your bankroll. 7 reds in a row on 2X is not something which happens rarely. I had experienced 16 reds myself and I saw people were telling about 20 reds in a row in a dice site chat. So, from my knowledge and experience I can tell you that in a dice game you won't last long if starting with 1% of your bankroll.
member
Activity: 420
Merit: 10
In the event that you are hunting down a straightforward approach to gain Bitcoins on the web, you may take a stab at betting. Be that as it may, while it may appear to you as pain free income, gaming has various dangers which should be considered. In the accompanying article, we have laid out for you a few sites worth looking at while experimenting with your good fortune: Bitcoin Gambling. We don't ensure that you win, which is the reason we emphatically prescribe you to play just on the off chance that you have some underlying funding to spend. Then again, who knows, possibly you will luck out and increase your crypto.
.              I did never Try to  gamble through Casino games just to earn Bitcoin. I never Try my luck into it. It maybe needs cash in doing so. But that is my weakness  of losing much money in gambling. As the way of living todays is so difficult, with every single penny must be spend so wisely, otherwise, you Will regret in the end,  that you have  nothing anymore to eat.
sr. member
Activity: 531
Merit: 250
You'll be okay if you do your research and play 1% of your bankroll per bet. Good luck!
newbie
Activity: 52
Merit: 0
What can I say?

If you lose once it is bad luck, if you lose twice it is coincidence, but if you lose thrice it is statistics! It may be pleasant and soothing to think that you are just an unlucky bastard, thereby removing any responsibility for your failure, but if you lose time after time, there's something else to it besides just lack of luck. As Albert Einstein famously put it, insanity is doing the same thing over and over again and expecting different results.

And that's why we shouldn't continue to gamble if we are losing over and over again. Albert Einstein's words are golden. If gamblers were paying attention to those words it would be their rescue. But that's an easy part imo. It's much harder to stop when you are not losing time after time but winning occasionally which makes you think you can hit a winning streak one day. That's how people lose a lot of money while waiting for that "winning streak".

This isn't necessarily true.

In dice there is a house edge which is almost 50/50. The house edge is usually very low.

If you keep losing and losing, you actually shouldn't quit and leave; because the next few rolls are probalistically suppose to be winners.

I don't really think it works this way. It looks more like you don't quite understand probabilities. As a matter of fact, there is no such thing as "the next few rolls are probabilistically supposed to be winners". The odds remain absolutely the same before each roll and after it, and it doesn't matter what the previous outcomes were. In other words, if you lost 100 times in a row, the next roll will have the same odds as the first one in this row.

It is just psychology playing dirty tricks on your mind and perception. 

Gotta agree with Hell-raiser here, odds don't work like that, they have no concept of memory.
My word of advice is you should play for fun and a little excitement, not as a way to make money, and you never gamble with more then you can afford to lose
sr. member
Activity: 462
Merit: 515
What can I say?

If you lose once it is bad luck, if you lose twice it is coincidence, but if you lose thrice it is statistics! It may be pleasant and soothing to think that you are just an unlucky bastard, thereby removing any responsibility for your failure, but if you lose time after time, there's something else to it besides just lack of luck. As Albert Einstein famously put it, insanity is doing the same thing over and over again and expecting different results.

And that's why we shouldn't continue to gamble if we are losing over and over again. Albert Einstein's words are golden. If gamblers were paying attention to those words it would be their rescue. But that's an easy part imo. It's much harder to stop when you are not losing time after time but winning occasionally which makes you think you can hit a winning streak one day. That's how people lose a lot of money while waiting for that "winning streak".

This isn't necessarily true.

In dice there is a house edge which is almost 50/50. The house edge is usually very low.

If you keep losing and losing, you actually shouldn't quit and leave; because the next few rolls are probalistically suppose to be winners.

I don't really think it works this way. It looks more like you don't quite understand probabilities. As a matter of fact, there is no such thing as "the next few rolls are probabilistically supposed to be winners". The odds remain absolutely the same before each roll and after it, and it doesn't matter what the previous outcomes were. In other words, if you lost 100 times in a row, the next roll will have the same odds as the first one in this row.

It is just psychology playing dirty tricks on your mind and perception. 
legendary
Activity: 3808
Merit: 1723
Up to 300% + 200 FS deposit bonuses
But I disagree on the second part. I think the main reason why some people lose money to gambling is not the house edge, and that's why it's almost irrelevant for players whether it is 1% or say 3%. The main reason of losing is bad luck which can happen to anyone and that's why it's not recommended to risk a sum of money you can't afford to lose. If you are lucky you can win in a casino with 5% house edge, but don't think that if a casino has zero house edge you will definitely win there.

It seems that I have to disagree with you on that too. As I see it, you could in fact say something about bad luck if a casino actually had a zero house edge because it would all come down to pure chance whether you win or lose. But if there is a certain positive house edge, it is no more about luck, it is about statistics. In other words, your bad luck will have pretty mundane and trivial causes.
Good point and even you  are already getting some good chances with this house edge it will hurt your bankroll along the way.
this is how the house really taking advantage, if you are thinking that with gambling you can grow your btc then think deeper
and always think twice.
True which that House edge will really even push that badluck even more of yours which would really result on loss. Thinking off that there were no casinos/gambling sites that dont have house edge because this is the thing that they do earn income and this is a business after all thats why most people do really tell about House Edge disadvatanges over on those 0% edge that being mentioned above.It does really contribute on your loss not totally pure on badluck but you should consider H.E as one of the reasons too.

Of course we should consider greater house edge as one the reasons we lose on a gambling site, but what I'm trying to say is that in my opinion it is not the main reason. I've noticed that some gamblers are looking for sites with smaller house edge and when they find one they think they can make money there, and I want to say to those gamblers that bad luck is the main reason they lose, not the house edge.

What can I say?

If you lose once it is bad luck, if you lose twice it is coincidence, but if you lose thrice it is statistics! It may be pleasant and soothing to think that you are just an unlucky bastard, thereby removing any responsibility for your failure, but if you lose time after time, there's something else to it besides just lack of luck. As Albert Einstein famously put it, insanity is doing the same thing over and over again and expecting different results.

And that's why we shouldn't continue to gamble if we are losing over and over again. Albert Einstein's words are golden. If gamblers were paying attention to those words it would be their rescue. But that's an easy part imo. It's much harder to stop when you are not losing time after time but winning occasionally which makes you think you can hit a winning streak one day. That's how people lose a lot of money while waiting for that "winning streak".

This isn't necessarily true.

In dice there is a house edge which is almost 50/50. The house edge is usually very low.

If you keep losing and losing, you actually shouldn't quit and leave; because the next few rolls are probalistically suppose to be winners.

When a gambler loses and loses and loses everything its not normally due to the house edge its due to bad decisions and emotions.

Basically its like the stock market. The retail traders take profits at 5% but take losses at 25%. Hence they are destined for failure. With gambling its the same.

Most gamblers probably bet very little when they win but bet huge when they lose.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
But I disagree on the second part. I think the main reason why some people lose money to gambling is not the house edge, and that's why it's almost irrelevant for players whether it is 1% or say 3%. The main reason of losing is bad luck which can happen to anyone and that's why it's not recommended to risk a sum of money you can't afford to lose. If you are lucky you can win in a casino with 5% house edge, but don't think that if a casino has zero house edge you will definitely win there.

It seems that I have to disagree with you on that too. As I see it, you could in fact say something about bad luck if a casino actually had a zero house edge because it would all come down to pure chance whether you win or lose. But if there is a certain positive house edge, it is no more about luck, it is about statistics. In other words, your bad luck will have pretty mundane and trivial causes.
Good point and even you  are already getting some good chances with this house edge it will hurt your bankroll along the way.
this is how the house really taking advantage, if you are thinking that with gambling you can grow your btc then think deeper
and always think twice.
True which that House edge will really even push that badluck even more of yours which would really result on loss. Thinking off that there were no casinos/gambling sites that dont have house edge because this is the thing that they do earn income and this is a business after all thats why most people do really tell about House Edge disadvatanges over on those 0% edge that being mentioned above.It does really contribute on your loss not totally pure on badluck but you should consider H.E as one of the reasons too.

Of course we should consider greater house edge as one the reasons we lose on a gambling site, but what I'm trying to say is that in my opinion it is not the main reason. I've noticed that some gamblers are looking for sites with smaller house edge and when they find one they think they can make money there, and I want to say to those gamblers that bad luck is the main reason they lose, not the house edge.

What can I say?

If you lose once it is bad luck, if you lose twice it is coincidence, but if you lose thrice it is statistics! It may be pleasant and soothing to think that you are just an unlucky bastard, thereby removing any responsibility for your failure, but if you lose time after time, there's something else to it besides just lack of luck. As Albert Einstein famously put it, insanity is doing the same thing over and over again and expecting different results.

And that's why we shouldn't continue to gamble if we are losing over and over again. Albert Einstein's words are golden. If gamblers were paying attention to those words it would be their rescue. But that's an easy part imo. It's much harder to stop when you are not losing time after time but winning occasionally which makes you think you can hit a winning streak one day. That's how people lose a lot of money while waiting for that "winning streak".
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